An important new Workers Compensation Regulation Amendment commenced on 23 October 2020. COVID-19 Weekly Payment Compensation clarifies how workers earnings are treated in calculating a weekly payments & Pre-Injury Average Weekly Earnings associated with JobKeeper payments & other COVID-19 impacts.
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The Fair Work Commission announced a 1.75% increase to minimum wages, equating to a $13 per week increase in the national minimum wage. Following Stage 1 Award increases for essential service workers in July, new minimum award rates start for industries like manufacturing & construction commence 1 November 2020.
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COVID-19 has highlighted the importance of safety in all workplaces. Naturally this year, Safe Work Australia’s National Safety month focused on Australia’s Work Health & Safety through COVID-19.
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On the 21st of July 2020, the Australian Federal Government announced the extension of the JobKeeper scheme for a further six months until 28 March 2021. There are two separate extension periods & for each extension period an additional actual decline in turnover test applies & the JobKeeper payment differs.
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Following recent NSW parliamentary inquiries, State Insurance Regulatory Authority (SIRA) & media scrutiny, the NSW workers compensation insurer has confirmed they have changed the methodology icare utilised to report Return to Work (RTW) rates. The new methodology has shown plateauing effects impacted by COVID-19.
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