WorkCover premium freeze good news for Queensland
- Crisafulli Government endorses WorkCover premium freeze for 2025-26.
- WorkCover's new leadership will ensure a strong scheme that protects workers and provides business certainty.
- Queensland is home to one of the lowest average premium rates for workers' compensation insurance in Australia.
The Crisafulli Government will not raise WorkCover premiums next financial year, under new WorkCover Queensland leadership appointed by the State Government.
The WorkCover board has chosen to freeze the average premium rate of $1.343 per $100 of wages, after discounts, providing certainty for businesses and protecting more workers.
Under Labor's last term, WorkCover Queensland's average premium rate increased from $1.20 to $1.343 per $100 of wages, after discounts.
That equates to almost a 12 per cent increase in the last three years under the former Labor Government.
Deputy Premier and Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations Jarrod Bleijie said the Crisafulli Government backed the freeze for the average premium rate for workers' compensation insurance for 2025-26.
"This decision represents certainty for Queensland businesses while maintaining a strong focus on supporting injured workers," Deputy Premier Bleijie said.
"WorkCover Queensland has one of the lowest average premium rates in the country, supporting injured workers to return to work.
"A strong scheme is vital to protect the interests of workers and employers across Queensland."
Chloé Kopilović, WorkCover Queensland Board Chair said the decision to hold premium rates steady reflected the fund's strong financial position.
"WorkCover acts as an important safety net for workers, and their employers, who are the backbone of the Queensland economy," Ms Kopilović said.
"We support more than 74,000 Queenslanders who are injured at work each year to access much needed care when they need it most."
