Can't say that I didn't warn you after my last older posts on Registration, will here is the update.
As people are getting laid off their jobs and promises of tax cuts.
Nick Smith (Left) has given everyone a good look into what his plans are and are looking grim.
Car registration will hit the roof and it doesn't explain what the cost is going to be for the motorcyclist as we pay more for registration.
So be will aware bike owners as it is going to be bad for us.
Accident Compensation is their main objective, to make all New Zealanders take private Insurance against injury.
Don't know if that is the plan, but don't think that would be far from the truth.
Everytime that I post something, it comes true. Road Rat has ESP.
So with cost of food going up, fuel and now registration.
It is all of us that it has effected, not just bottom feeders.
Businesses are surpost to get help from the Government, but have got them as well.
They don't think that they have company cars and work vehicles.
A lot more people will drive with no registration, with the almighty birdie finger in the air.
Come on New Zealanders, give a crap about your country and have your say.
MP's on a good salary they don't worry.
It is true we pay the MP's wages and they sleep through Parliament meetings, which we would be sacked for at work. Plus love the odd alcholic beverage through work hours.
It is true, we do follow like sheep.
We use to stand up for our rights, what happened.
This is taken from Govenment Report.....
Beehive Report: Nick Smith (Below)
Changes Needed to Contain ACC Costs.
Significant changes are needed to avoid huge increases in ACC costs for families, businesses and Government, says ACC Minister Nick Smith.
Dr Smith today released the latest six monthly Price Waterhouse Coopers valuation of ACC's liablity.
"It is deeply concerning that ACC's liabilities have increased to $21.875 billion - an increase of $2.581 billion in six months. Deteriorating economic conditions have brought into harsh focus significant cost increases that have occurred over the past decade.
"This latest report translates into ACC levy increases over the next five years of 185% for employees, 71% for employers, 129% for motor vehicle owners as well as increases for the Government through the Non-Earners Account.
"These increases in five years would cost the average employee an additional $27 a week,
or $1386 a year a year as consequence of the Earner's levy increasing from 1.4% to 4% and the motor vehicle levy rising from $255 to $585.
"This scale of cost increase is not acceptable. Changes will need to be made in the governance of ACC, legislation, and administration of the scheme to prevent these soaring costs.
"The Government is determined to get better governance is determined to get better governance and management of ACC to conatain costs. I am reviewing the entitlement extensions introduced but not fully funded by the previous Government. We need to have an open debate about the balance between how far ACC goes and the cost to households and businesses. I am also reviewing the timetable for funding of residual claims that particularly impact negatively on the motor vehicle and employer accounts.
"The Government remains committed to a non-fault 24/7 accident insurance scheme but changes will be needed to ensure it remains affordable."
Very Sad.
Road Rat
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