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Part 3 of the Motor Accident Guidelines: Business plans

Legislation

Indexation of weekly statutory benefits in motor accident claims - 1 April 2022

The indexation of the weekly statutory benefits payable to an injured person in a motor accident for 1 April 2022 has been completed

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Consultation Submissions

Announcement

Program to help small business overcome financial barrier to recovery at work

Information about the new financial assistance program for small businesses who support workers’ recovery at work after injury.

News and events

Increasing transparency and accountability in the workers compensation scheme

We have closely considered the findings of the Hayne Royal Commission and the APRA Capability Review and taken a decision to be more proactive in publishing details of scheme and insurer performance and compliance and enforcement activity.

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CTP Insurer Claims Experience and Customer Feedback Comparison - December 2022

SIRA monitors insurers’ performance through data-gathering and analysis. SIRA helps to hold insurers accountable by being transparent with this data, enabling scheme stakeholders and the wider public to have informed discussions about the performance of the industry.

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Work trial guidance material

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CTP Insurer Claims Experience and Customer Feedback Comparison - Sept 2022

SIRA monitors insurers’ performance through data-gathering and analysis. This report compares four key indicators of customer experience from 1 Dec 2017 to 30 Sept 2022 across the five CTP insurers in NSW: AAMI, Allianz, GIO, NRMA and QBE. A sixth insurer, Youi, joined in Dec 20.

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GN 1.7 Insurers' Guarantee Fund (IGF)

The Insurers’ Guarantee Fund (IGF) provides for claims and other costs where the insurer who issued the policy of workers compensation insurance has been declared insolvent. The IGF is established by Division 7 of Part 7 of the Workers

Policy and consultation

Dust diseases contributions 2023-2024

In accordance with section 6 of the Workers’ Compensation (Dust Diseases) Act 1942, the State Insurance Regulatory Authority (SIRA) has determined the manner in which NSW workers compensation insurer contributions to the Workers’ Compensation (Dust Diseases) Fund will be determined for the 2023-24 financial year.