BUSINESS WELCOMES FIRST STEP TOWARDS ICARE REFORM

27 Jun 2023
icare Insurance NSW government

A decision by the NSW Government to introduce laws to include both an employer and employee nominee for the icare board is an important step on the path to reforming the state’s workers’ compensation scheme.

The announcement comes as businesses across the state will start to feel the impact of an average 8 per cent premium increase which comes into effect Saturday, July 1.

Business NSW CEO Dan Hunter says today’s announcement is a necessary first step to getting icare’s house in order.

“These actions today from the NSW Government are important as they set the platform for genuine reform,” Mr Hunter said.

“It is appropriate that both employers and employees are given a seat at the table as the hard work of fixing the fundamental issues with the workers’ compensation scheme continues.

“Fixing the broken claims management system and addressing the return-to-work rates for injured workers must now be the top priority.

“At a time when businesses are doing it tough with spiralling energy prices and interest rate hikes, it’s unacceptable that they should be feeling additional financial pain on account of a poorly run workers’ compensation scheme.

“We look forward to working closely with the government to ensure the necessary legislative reforms are enacted to put icare on the right footing,” Mr Hunter said.

 

Related Media Releases

SPLENDOUR IN THE GRASS INSURANCE FARCE MUST BE SOLVED

March 2024

Read More

PREDICTED CHRISTMAS DOWNTURN PROMPTS CALL TO BACK LOCAL BUSINESS THIS CHRISTMAS

December 2023

Read More

RISKY BUSINESS: UNINSURED BUSINESSES FORCED TO GAMBLE WITH OUR STATE’S FUTURE

November 2023

Read More

TIME FOR REFORM: REPORT CALLS FOR ACTION ON WORKERS COMP

September 2023

Read More

BUSINESS CALLS FOR SOLUTION ON HOUSING DEADLOCK

August 2023

Read More