NSW Minister for Finance and Services, Andrew Constance MP and Member for Port Macquarie, Leslie Williams today met with members of the Port Macquarie Chamber of Commerce and the NSW Business Chamber to discuss how the State Government’s reforms to WorkCover have impacted on business workers compensation premiums.
“The NSW Government’s reforms have freed up businesses to grow and are providing better support for injured workers to help them return safely to work sooner,” Minister Constance said.
“The reforms are delivering a fairer system, with more generous payments being provided to severely injured workers, and local businesses receiving incentives to improve workplace safety,” Mrs Williams said.
“It means Port Macquarie employers have benefited from an average premium rate reduction of 11.96 per cent in the past 12 months. This reduction will apply to industries such as farming, manufacturing and hospitality spread across metropolitan and regional New South Wales.
“I meet regularly with many employers as well as with the Port Macquarie Chamber of Commerce and the message I am getting is that there is a return of confidence in the business sector and that the changes to WorkCover are having a positive impact of business.
“It is important that Minister Constance had the opportunity to hear for himself what our local business community has to say and identify ways that Government can continue to help business,” Mrs Williams said.
“The 2012 legislative changes to workers compensation have provided significant new benefits for workers and employers, more assistance to get workers back on the job and better financial support for seriously injured workers.
“Safe Work Australia has reported that in 2012/13, NSW’s return to work rate improved by three per cent to 88 per cent - making it higher than the national average of 86 per cent.
“Small employers throughout New South Wales are continuing to benefit from incentives introduced in June 2013 including an Employer Safety Incentive premium discount at each policy renewal and a Return to Work Incentive for employers who have an injury in the workplace.
“Minister Constance said, “An employer can retain their Employer Safety Incentive discount provided injured workers return to work within 13weeks. There is also an increased discount of five per cent for small businesses paying their premium in full by the due date.”
“I appreciate Minister Constance has taken the time to visit the Port Macquarie electorate once again and he is just the first of many Minister’s we will see in the electorate over the next couple of months,” Mrs Williams said.
Posted on 13 Thu, February, 2014
by Leslie Williams