In late 2014, WorkCover NSW reported positive outcomes from small business reforms. Following the 2015 state election, similar changes were announced for medium to large businesses.
“Key changes for medium to large NSW businesses include simpler premiums, safer workplaces, improved recovery, reduced red tape, and greater certainty.
Read more to understand these proposed reforms.
Upcoming NSW Workers Compensation Changes
Ahead of the March election, the NSW Liberal Party has proposed reforms to lower workers’ compensation premiums for medium and large businesses. Early details suggest these changes could have a material impact. See the WorkCover NSW information paper for insurers below, and contact us if you’d like to discuss further
Source: NSW Government – WorkCover NSW
Title: Information Paper – NSW workers compensation improvements for medium and large businesses
Read Time: 5 minutes