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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As an employer, managing workers’ compensation claims efficiently and effectively is crucial for the well-being of your employees and the overall business success. Recently in NSW, icare changed the rules relating to the ability for employers to choose a Claims Service Provider (CSP). At ABILITY GROUP, we understand the importance of choice and are here to help you best navigate the considerations and benefits of choosing a NSW Claims Service Provider for your organisation.
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The State Insurance Regulatory Authority (SIRA) plays a vital role in ensuring that NSW workers are protected under the workers compensation system. At the front of these efforts are SIRA Inspectors, who work diligently to ensure compliance and promote best practices among employers. ABILITY GROUP specialises in helping businesses in NSW and other states/territories navigate workers compensation and related matters.
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