At the end of 2014 WorkCover NSW provided their Report Card on the numerous changes made during the last 12-18 months for small businesses. As these changes have driven such positive outcomes across the 260,000 small business employers in the NSW scheme, WorkCover NSW recently announced similar changes for medium to large businesses following the 2015 NSW state election.
The important changes for medium to large NSW businesses adopt the key principles of delivering easy to understand premiums, providing safer workplaces, improving return to work, recovery at work for injured workers, reducing red tape and delivering sustainability plus certainty. To understand more about these important proposed changes read more…
Upcoming NSW Workers Compensation Changes – with the state election at the end of March the NSW Liberal party has provided a heads up sweetener for medium to large businesses with the promise of further reforms that from initial information we expect will have a material impact on reducing certain medium to large NSW business workers compensation premiums among other things.
Below is the link to the WorkCover NSW information paper for NSW agents (insurers) and we hope sharing this information is useful. Should you have any questions, please contact us to discuss.
Source: NSW Government – WorkCover NSW
Title: Information Paper – NSW workers compensation improvements for medium and large businesses
Read Time: 5 minutes