The economic cost of injuries is being labelled a wake-up call for ACC and policymakers. 

ACC's latest injuries report shows claims last year cost the economy $8.7 billion in lost productivity. 

About $4.4 billion was spent on treatment and $3.1 billion on weekly compensation. 

ACC lawyer and researcher Warren Forster told Andrew Dickens it's positive to see ACC focusing on the economic impact of injuries. 

He says it's costing us as a society, and change needs to happen. 

LISTEN ABOVE 

The economic cost of injuries is being labelled a wake-up call for ACC and policymakers.&nbsp;
ACC's latest injuries report shows claims last year cost the economy $8.7 billion in lost productivity.&nbsp;
About $4.4 billion was spent on treatment and $3.1 billion on weekly compensation.&nbsp;
ACC lawyer and researcher Warren Forster told Andrew Dickens it's positive to see ACC focusing on the economic impact of injuries.&nbsp;
He says it's costing us as a society, and change needs to happen.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Warren Forster: ACC Lawyer on the economic cost of injuries, lost productivity

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/74a56123-47dd-4a00-8845-b46d0002b963/transcript

On the Early Edition with Ryan Bridge Full Show Podcast Monday the 22nd of June 2026, National wants to make KiwiSaver compulsory for all workers from 2028, if re-elected Financial Services Council Chief Executive Kirk Hope shares his thoughts. 

Business Correspondent Vicky Pryce has the latest on Europe intent on reducing China content in imports and production, Oil prices dropping after the US/Iran peace deal and Inflation stable in the UK, and interest rates stayed unchanged.

PWC tax partner Sandy Lau shares her thoughts on the Green Party's wealth tax policy. 

Plus, UK/Europe Correspondent Gavin Grey has the latest on the UK PM urged to resign by colleagues to ensure a bloodless leadership battle he seems certain to lose and a major rail line connecting London to the north faces disruption for the whole week following a fatal train crash at the weekend.

Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.          

LISTEN ABOVE  

On the Early Edition with Ryan Bridge Full Show Podcast Monday the 22nd of June 2026, National wants to make KiwiSaver compulsory for all workers from 2028, if re-elected Financial Services Council Chief Executive Kirk Hope shares his thoughts.&nbsp;
Business Correspondent Vicky Pryce has the latest on Europe intent on reducing China content in imports and production, Oil prices dropping after the US/Iran peace deal and Inflation stable in the UK, and interest rates stayed unchanged.
PWC tax partner Sandy Lau shares her thoughts on the Green Party's wealth tax policy.&nbsp;
Plus, UK/Europe Correspondent Gavin Grey has the latest on the UK PM urged to resign by colleagues to ensure a bloodless leadership battle he seems certain to lose and a major rail line connecting London to the north faces disruption for the whole week following a fatal train crash at the weekend.
Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
LISTEN ABOVE &nbsp;

Full Show Podcast: 22 June 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4a66615d-faa8-43ad-b189-b470012ac7ff/transcript

A tax expert says the Greens' proposed approach to tackling corporate greed - is likely to be unpopular. 

If elected, the party's promising to add new super rich, gifts and inheritance taxes, a major banks levy and a big tech tax. 

It also wants to lift the corporate tax rate to 33 percent - for large companies like supermarkets, gentailers and banks. 

PWC tax partner Sandy Lau shares her thoughts with Ryan. 

A tax expert says the Greens' proposed approach to tackling corporate greed - is likely to be unpopular.&nbsp;
If elected, the party's promising to add new super rich, gifts and inheritance taxes, a major banks levy and a big tech tax.&nbsp;
It also wants to lift the corporate tax rate to 33 percent - for large companies like supermarkets, gentailers and banks.&nbsp;
PWC tax partner Sandy Lau shares her thoughts with Ryan.&nbsp;

Sandy Lau: PWC tax partner on the Green's wealth tax

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1660386e-ba5f-490c-82f1-b470012b0e87/transcript

There's no point talking about the latest loony bin tax plan grab from the Greens because it's not going to become anything more than a word doc on their website. It's not going to happen.

An inheritance tax is about the cruellest thing a state can impose on a grieving family. 33% when mum or dad dies. You've got to then take out a loan from the bank, congratulations bank and pay the government. Or sell the shares or property or whatever. Then pay the state. Congratulations state. 

The idea is that somehow, this act of forced goodwill, taxing assets your family's worked hard to acquire, using money that's already been taxed, earning income that is already taxed, will somewhere, somehow materially change the livers of others is absolute BS. 

I've just been in France where they have exactly this system. They have high personal income tax rates. And they're swinging far right.

And this plan includes a wealth tax on everything from shares to companies, which only a handful of countries around the world bother doing because you may have asset, but it doesn't mean you've got cash to pay a tax on it. 

Just a reminder. This is not how a country gets rich. This is not how you create more jobs and industry. It's not how you grow an economy.

And if you're not doing that. You're standing still or going backwards. 

We've been doing that in this country for too long. 

Ideas like this, may be appealing on paper, in reality almost never deliver the things the politicians espousing them promise on the hustings. 

You don't hear this said often but thank god for Labour completely ruling this thing out.

There's no point talking about the latest loony bin tax plan grab from the Greens because it's not going to become anything more than a word doc on their website. It's not going to happen.
An inheritance tax is about the cruellest thing a state can impose on a grieving family. 33% when mum or dad dies. You've got to then take out a loan from the bank, congratulations bank and pay the government. Or sell the shares or property or whatever. Then pay the state. Congratulations state.&nbsp;
The idea is that somehow, this act of forced goodwill, taxing assets your family's worked hard to acquire, using money that's already been taxed, earning income that is already taxed, will somewhere, somehow materially change the livers of others is absolute BS.&nbsp;
I've just been in France where they have exactly this system. They have high personal income tax rates. And they're swinging far right.
And this plan includes a wealth tax on everything from shares to companies, which only a handful of countries around the world bother doing because you may have asset, but it doesn't mean you've got cash to pay a tax on it.&nbsp;
Just a reminder. This is not how a country gets rich. This is not how you create more jobs and industry. It's not how you grow an economy.
And if you're not doing that. You're standing still or going backwards.&nbsp;
We've been doing that in this country for too long.&nbsp;
Ideas like this, may be appealing on paper, in reality almost never deliver the things the politicians espousing them promise on the hustings.&nbsp;
You don't hear this said often but thank god for Labour completely ruling this thing out.

Ryan Bridge: The Green's wealth tax isn't going to happen

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ba7830fa-967b-46c2-8a7b-b4700128f30d/transcript

Warren Forster: ACC Lawyer on the economic cost of injuries, lost productivity

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