Changes to WorkCover will hurt workers and their families
Thursday 2 May 2013 @ 10.01 a.m. | Industrial Law
Small business owners have welcomed a 7.5 per cent reduction in their WorkCover premiums, while unions decried the benefit as coming at the expense of injured workers, according to an article in smh.com.au.
Premier Barry O’Farrell said 167,000 employers would benefit from an average reduction to WorkCover premiums of 7.5 per cent, saving them more than $200 million a year.
Premier O'Farrell said WorkCover was a financial "basket case" and needed to be fixed.
He went on to say:
"As a result of reforms to WorkCover announced in June last year, employers have avoided a premium hike of 28 per cent, which would have cost more than 12,000 jobs."
"Our changes have made the system fairer and have provided more generous payments to severely injured workers, as well as giving incentives to businesses to improve workplace safety."
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