Which government body is responsible for regulating the NSW workers compensation system?

The State Insurance Regulatory Authority (SIRA)
The State Insurance Regulatory Authority (SIRA) is the NSW Government agency responsible for regulating the NSW workers compensation system. Broadly speaking there are three types of insurers in the NSW workers compensation system: icare; self-insurers; and specialised insurers.

Is Workers Comp paid by the government?

Workers’ compensation is a compulsory statutory form of insurance for all employers in every state and territory in Australia and provides protection to workers if they suffer a work-related injury or disease. In NSW, Victoria and South Australia, insurers operate as scheme agents on behalf of the government authority.

Who is covered by workers compensation NSW?

All employers in NSW (except exempt employers) must have a workers compensation policy. An employer is any business that employs or hires full-time, part-time or casual workers. When you first apply for cover, the cost of your premium is based on the industry you work in and how much your business pays in wages.

Can you terminate an employee on workers compensation NSW?

Yes, an employee can resign while they’re on workers compensation. They: Can use their workers compensation as their notice period. Need to ensure they give the correct notice period (this should be outlined in their employment contract)

Who is the regulator in NSW?

SafeWork NSW
SafeWork NSW is the state’s workplace health and safety regulator (with the exception of mines and petroleum sites). It focuses on harm prevention and improving the safety culture in NSW workplaces.

Is workers compensation mandatory in NSW?

In NSW, it is compulsory to have a workers compensation policy if: You engage workers or contractors deemed to be workers and pay, or expect to pay, more than $7,500 a year in wages, or. You engage apprentices or trainees, or you are a member of a Group for workers compensation purposes.

Are you covered by workers compensation to and from work in NSW?

If you are injured while travelling to or from work and your home then you may be able to lodge a claim for workers compensation. If you are injured in a motor vehicle accident travelling between your workplace and home, you may be entitled to compensation under the Compulsory Third Party (CTP) Scheme.

What are three types of workers compensation claims?

Based on the degree of severity of the injury, the Workers’ Compensation Claims can be broadly classified into 3 categories – Medical, Disability, and Death.

How long can you be on workers compensation NSW?

five years
The limits commenced on 1 January 2013 and cap income support at 260 weeks (five years). Medical support will continue for an additional two to five years based on each individual’s circumstances. In 2012 there were legislative changes to the NSW workers compensation legislation.