Browsing: Workers' comp premium/levy news (SA) | Page 2

South Australia's workers' comp regulator has wiped out its $1.132 billion unfunded liability, and has set a record-low average premium rate for 2015-16.

South Australian employers have been promised a "big reduction" in workers' comp insurance premiums in 2015-16, with the introduction of WorkCover SA's new name - ReturnToWorkSA.

South Australia's new workers' comp statute passed through Parliament today, while the State Government has revoked a WHS Code of Practice.

• Change in work hours caused compensable psych injury; and
  
• Premium cuts in SA unlikely without proposed reforms.

SA workers' comp reform Bill promised within three months; and Victorian regulators release new safety guides.

SA's high premiums locked in for at least 15 months; and Rau retains safety portfolio as Greens step up firefighter fight.

The number of workers' comp claims lasting longer than two weeks has dropped "significantly" in South Australia in recent months, but the State's high premium rates won't fall without legislative reform, according to WorkCover SA chief executive Greg McCarthy.

Reintroducing common law access under the proposed WorkCover SA overhaul will add complexity without improving safety, according to a Donaldson Walsh Lawyers partner, who adds that workers with significant injuries could lose out under the reforms.

Injured South Australian workers will have access to common law damages under the proposed overhaul of the State workers' compensation scheme, according to a new policy statement, which also promises much lower premiums for employers.

Psychosocial work risks changing over time, say European researchers; and WorkCover SA's unfunded liability falls - slightly.