2015/16 Recommended Premium Rates
WorkCover WA Chief Executive Officer Ms Michelle Reynolds today made a media statement announcing a 4.7 per cent decrease in the 2015/16 recommended premium rates for compulsory workers’ compensation insurance in Western Australia.
The average recommended premium rate for 2015/16 will be 1.483 per cent of total wages (down from the previous year’s 1.556 per cent) and is the lowest ever recorded in Western Australia.
The recommended premium rates were published today in a Special Government Gazette and will come into effect from 4pm on 30 June 2015.
The full schedule of recommended premium rates and a copy of the accompanying actuarial report are available via the Rates, Fees & Payments page on the WorkCover WA website.