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Martin Cameron emphasises success on WorkCover premiums freeze was needed to reduce damage from Allan Labor government

Victorian businesses receive a 12-month freeze on WorkCover premiums as Nationals and Liberals secure concessions to Labor's reforms, aiming for greater oversight and financial relief amidst WorkCover's challenges.

By news@gippsland - 7th March 2024 - Back to News

Victorian businesses will have their WorkCover premiums frozen for 12 months as the Nationals and Liberals secure key concessions to Labor's WorkCover reforms. Following years of mismanagement under the Labor government, WorkCover is fundamentally broken and on the brink of financial collapse.

Nationals and Liberals secured freeze on Victorian WorkCover premiums for 12 months, citing mismanagement under Labor and financial instability

WorkCover reform achievements

After negotiating and widely consulting with employers, employees, allied health representatives and return to work specialists, the Victorian Liberals and Nationals have secured the following key changes to Labor's WorkCover reforms:

• WorkCover premium freeze at the current average of 1.8 percent of remuneration for the 2024-25 financial year
• Independent inquiry to review the impact of these new reforms on WorkCover, which will report back to Parliament by the end of 2024
• Establishing the Return to Work Advisory Committee as a sub-committee of the existing WorkCover Advisory Committee, drawing from an expanded membership and chaired by the WorkSafe board chairperson
• Clarity around the structure and objectives around Return to Work Victoria, which will provide greater support to injured workers

An additional consultation process with core business, union and health stakeholders will take place next week.

WorkCover premium freeze

The Nationals Member for Morwell, Martin Cameron said, "Businesses and workers shouldn't be the ones to pay for Labor's mismanagement of Victoria's WorkCover scheme. The Coalition has secured a critical freeze to WorkCover premiums, which will provide much needed financial relief to businesses across the state."

"There will now be much greater oversight of the operation of WorkCover to help the scheme become sustainable into the future. There is no silver bullet to fix Labor's mismanagement of WorkCover, but these concessions give greater certainty for businesses and will help deliver a better scheme for all Victorians," said Mr Cameron.

Pictures from Martin Cameron MP Facebook page.

Source: http://gippsland.com/

Published by: news@gippsland.com