Industry News, Information & Insights
ABILITY GROUP Saves Client $85,000
ABILITY GROUP had been working with a client for about 6 months in implementing strategies to reduce workers compensation related costs and their effort. We were excited to be able to advise our client recently that we had delivered $85,000 of...
Will my premium increase or decrease
Recent changes announced by NSW WorkCover initially suggest further premium reductions for businesses. There are however key changes that could have the opposite effect and result in higher 2014/15 renewal premiums. By reducing Industry Cost of...
NSW Workers Compensation Cuts
Following from recent NSW Workers Compensation Changes 2014, further changes were announced yesterday by NSW Treasurer Andrew Constance and Minister of Finance & Services Dominic Perrottet as part of the NSW 2014-15 budget. The changes will...
NSW Workers Compensation Changes 2014
On the 3rd of June, NSW WorkCover announced the latest changes designed to further improve the scheme effective 30 June 2014. A key change is an approximate 25% reduction in Industry Cost of Claims Rate (ICCR) rates. If a business has not had a...