30 June workers compensation policy renewals represent the largest renewal month each year. The last 12 months have seen many changes, and it important businesses stay up to date with what is required to ensure their workers compensation policy renewal is accurate and they are paying the right premium.
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As the End of Financial Year (EOFY) approaches, many businesses are planning workplace events/parties to celebrate their teams’ hard work. While these events are a fantastic way to boost morale and foster camaraderie, ABILITY GROUP reminds all employers that the safety and well-being of employees remain paramount, even outside of regular work hours and venues.
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The NSW workers’ compensation scheme is facing significant financial challenges, with projections indicating it may only remain sustainable for another two years without substantial reforms. This situation has serious implications for employers, as potential changes could affect insurance premiums, claims processes, and overall compliance requirements.
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The Victorian Government has introduced the Workplace Injury Rehabilitation and Compensation Amendment Bill 2025, aiming to enhance the fairness and quality of Victoria’s workers compensation system. Introduced to Parliament on 4 March 2025, Victorian Regulation changes relate to return to work coordinator obligations and an increase in child pension. We outline the key changes and their implications for businesses…?
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At ABILITY GROUP, we understand the importance of maintaining safe and compliant workplaces. In each state & territory, there are different governing bodies. In NSW, a key government body created to help ensure compliant workplaces is the State Insurance Regulatory Authority (SIRA). We therefore explain what SIRA is and what SIRA employer supervision.
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In July 2024, ABILITY GROUP Owners met with the Honorable Minister Sohie Cotsis. In advocating for clients, we identified the key workers compensation issues faced by NSW businesses & urgent need for NSW workers compensation reforms. During our meeting, we stressed the necessity of making changes to address the escalating frequency & severity (cost) of psychological claims. We are therefore pleased the NSW government has unveiled its intention to make groundbreaking reforms to address the escalating prevalence of workplace psychological injuries, marking a pivotal shift in how mental health challenges in the workplace are to be tackled.
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