Did you know that from the 1st of July 2008, anyone paying less than $7,500 in annual wages will no longer require workers compensation insurance with their home or residential strata policy.
Workers Compensation provides valuable protection to workers and their employers in the event of a workplace related injury or disease. Through workers compensation, injured workers can receive weekly payments to cover loss of earning capacity, payment of medical expenses and vocational rehabilitation expenses where necessary to assist them to return to work.
All NSW Employers paying in excess of $7,500 wages per year must have a Workers Compensation Policy to insure themselves against compensation claims for workplace injuries. Workcover NSW regulates the New South Wales Workers Compensation System.
If you need Workers Compensation or would like to know more please call our office.
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