The Green Party has called the ACC levies a budget bribe, claiming that National is simply using ACC levy reductions to "sugar a budget that does little for ordinary New Zealanders."
"ACC levies are used as a political football. Every year the government of the day can play God bestowing a cut or slapping on an increase," said Green Party ACC spokesperson Kevin Hague.
ACC levies are set to reduce by around $300 million in 2014 and 2015.
"ACC’s improved performance, and an on-going review of its funding policy, mean the Government has also allowed for levy reductions to increase to around $1 billion in 2015 and 2016," said English in his speech.