1 00:00:00,040 --> 00:00:02,360 Speaker 1: AICC, if you didn't already know, has major money issues. 2 00:00:02,400 --> 00:00:04,480 Speaker 1: Their annual report out shows a one point five billion 3 00:00:04,519 --> 00:00:06,560 Speaker 1: dollar deficit for the year. That adds to last year 4 00:00:06,559 --> 00:00:09,000 Speaker 1: seven point two billion dollar hole, so we're now added 5 00:00:09,039 --> 00:00:11,520 Speaker 1: all up thirteen point eight billion in the red. Warren 6 00:00:11,560 --> 00:00:14,360 Speaker 1: Foster is an ACC lawyer and also researcher. Back with us, 7 00:00:14,400 --> 00:00:17,760 Speaker 1: Warren morning, Good morning. What's the problem? Can you make 8 00:00:17,800 --> 00:00:20,319 Speaker 1: it simple? Is it the money they earn versus the 9 00:00:20,320 --> 00:00:22,159 Speaker 1: money they spend? I mean, can they earn more or 10 00:00:22,200 --> 00:00:23,000 Speaker 1: spend less or what? 11 00:00:24,680 --> 00:00:26,840 Speaker 2: Well, it actually is pretty simple. We need to look 12 00:00:26,840 --> 00:00:29,200 Speaker 2: at it over a generation. We need to collect money 13 00:00:29,240 --> 00:00:31,440 Speaker 2: to pay for things. We need to be careful about 14 00:00:31,480 --> 00:00:33,400 Speaker 2: how we pay for things and what we actually get 15 00:00:33,440 --> 00:00:36,239 Speaker 2: with them under we spend, and then we need to 16 00:00:36,240 --> 00:00:39,280 Speaker 2: stop changing how we count how much money we need. 17 00:00:39,360 --> 00:00:43,080 Speaker 2: So of the deficit this year, ACC actually did really 18 00:00:43,120 --> 00:00:45,840 Speaker 2: well with its return on investments. It got four point 19 00:00:45,880 --> 00:00:48,880 Speaker 2: five billion return on investment, but it changed the way 20 00:00:48,920 --> 00:00:51,080 Speaker 2: it counted how much money it says it needs and 21 00:00:51,159 --> 00:00:53,400 Speaker 2: says we need five point eight billion more than we 22 00:00:53,440 --> 00:00:55,800 Speaker 2: needed last year. So that's how they got to this 23 00:00:55,920 --> 00:00:58,520 Speaker 2: sort of bit in the middle. But we really need 24 00:00:58,640 --> 00:01:00,520 Speaker 2: to have a good look at ACS and think is 25 00:01:00,560 --> 00:01:02,680 Speaker 2: it actually doing what we wanted to do and the 26 00:01:02,720 --> 00:01:05,360 Speaker 2: way we want it to do it, because you know, 27 00:01:05,440 --> 00:01:07,520 Speaker 2: it's pretty concerning some of the stuff that's happening. 28 00:01:07,760 --> 00:01:14,520 Speaker 1: Indeed, are they lax, Well, they're either lax or they're bad. 29 00:01:14,640 --> 00:01:18,360 Speaker 2: But we need to remember that we didn't get in 30 00:01:18,400 --> 00:01:21,039 Speaker 2: this position by bad luck. We made a number of 31 00:01:21,080 --> 00:01:25,600 Speaker 2: decisions policy decisions along the way, and we stopped rehabilitating 32 00:01:25,600 --> 00:01:28,959 Speaker 2: people properly. In the old days, ACC would actually ring 33 00:01:29,040 --> 00:01:30,840 Speaker 2: up and talk to the claimant, they'd bring up and 34 00:01:30,880 --> 00:01:33,399 Speaker 2: talk to the employer that helped you get back to work. 35 00:01:33,959 --> 00:01:37,160 Speaker 2: That stuff is all formed by the wayside of the 36 00:01:37,200 --> 00:01:40,720 Speaker 2: emails sent backwards and forwards, and we're not actually getting 37 00:01:40,760 --> 00:01:43,320 Speaker 2: people back to work. The spinners that a SEC has 38 00:01:43,360 --> 00:01:46,840 Speaker 2: helped eight thousand long term claimants get back to work 39 00:01:46,920 --> 00:01:50,160 Speaker 2: or independence, and normally there's around three thousand, so it's 40 00:01:50,160 --> 00:01:53,320 Speaker 2: five thousand more. But of those five thousand people who've 41 00:01:53,320 --> 00:01:56,240 Speaker 2: been on ACC for more than a year, I'd be 42 00:01:56,320 --> 00:01:59,240 Speaker 2: really surprised if those people actually got back to work. 43 00:01:59,280 --> 00:02:02,000 Speaker 2: The people we speak to every day just get kicked off, 44 00:02:02,440 --> 00:02:04,280 Speaker 2: and it's the same thing we start seeing as that 45 00:02:04,320 --> 00:02:08,720 Speaker 2: ACC is not actually helping people rehabilitate. It takes forever 46 00:02:08,840 --> 00:02:11,480 Speaker 2: to get ACC to even make a decision on surgery. 47 00:02:11,520 --> 00:02:14,080 Speaker 2: Some of my clients are waiting three months or six 48 00:02:14,160 --> 00:02:17,200 Speaker 2: months to get a decision on whether they can actually 49 00:02:17,240 --> 00:02:19,280 Speaker 2: get surgery so they can get better and go back 50 00:02:19,280 --> 00:02:22,440 Speaker 2: to work. And that is the complete opposite of what 51 00:02:22,480 --> 00:02:25,239 Speaker 2: ACC is meant to be doing. And these costs just 52 00:02:25,360 --> 00:02:27,440 Speaker 2: blow out when someone's been off work for a year 53 00:02:27,480 --> 00:02:30,079 Speaker 2: waiting for surgery exactly, it's really hard to get in 54 00:02:30,120 --> 00:02:30,480 Speaker 2: the back. 55 00:02:31,000 --> 00:02:34,400 Speaker 1: I think we've all got individual anecdotal circumstances in which 56 00:02:34,440 --> 00:02:37,119 Speaker 1: we've seen a system that doesn't work properly. Warre appreciate it. Warrenforster, 57 00:02:37,120 --> 00:02:40,160 Speaker 1: who's an a sc lawyer, also researcher. For more from 58 00:02:40,160 --> 00:02:43,280 Speaker 1: the Mic Asking Breakfast, listen live to news talks that'd 59 00:02:43,320 --> 00:02:46,400 Speaker 1: be from six am weekdays, or follow the podcast on 60 00:02:46,440 --> 00:02:47,200 Speaker 1: iHeartRadio