COMPARISON OF WORKERS' COMPENSATION ARRANGEMENTS
PREMIUM SETTING
PREMIUM SETTING INDUSTRY RATES COMPARISON TABLE
INDUSTRY
VIC
NSW
1
SA
WA
QLD
2
TAS
NZ
3
AS AT 1 JULY 2002
%
%
%
%
%
%
%
Average levy/premium rate
2.22
2.80
2.46
2.47
1.55
2.62
0.90
Highest (published) rate
8.4
15.0
7.50
12.04
12.144
4.3
9.12
Highest (experience rate) rate
Unlimited
36.0 (est)
11.25
N/A
18
N/A
N/A
Lowest (published) rate
0.33
0.57
0.40
0.40
0.212
0.63
0.20
Lowest (experience rate) rate
0.033
0.2 (est)
0.28
N/A
0.032
N/A
N/A
House construction
4.78
9.85
3.40
1.97
3.416
4.23
2.97
Non residential construction
3.95
9.85
3.70
3.43
3.416
4.23
2.97
Meat products
8.40
3.58 15.0
7.30
10.19 10.89
8.631
5.34
3.55
Rubber products manufacturing
3.95 4.78
8.8
5.70
3.48 6.35
3.586
2.25
1.06
Plastic products
4.78
5.73 6.25
4.80
3.84 4.90
2.676
3.24
1.12
Basic iron and steel products
5.78
8.26
7.30
6.70
3.766
2.62
1.18
Steel casting
5.78
7.07
7.50
5.64
3.766
5.60
2.96
Steel pipes and tubes
5.78
7.73
4.00
4.49
3.766
2.62
1.18
Pulp paper and paperboard
2.23
4.73
4.00
5.83
2.427
2.62
1.24
Paints
2.70
3.58
2.90
2.91
1.812
1.33
1.11
Soap and detergents
3.26
3.49
1.90
2.78
1.901
1.33
0.38
Glass and glass products
4.78
5.83
4.50
6.75
2.676
2.87
1.04
Cement
5.78
7.16
3.70
5.89
2.202
2.25
1.89
Clothing manufacturing
4.78 5.78
4.72 5.58
2.80
3.06 3.29
1.420
3.86
1.01
Beer
4.78
5.10
2.40
1.86
1.997
2.49
0.53
Hotels
2.70
4.12 4.46
2.20
2.57
1.420
2.25
0.79
Bread manufacturing
4.78
7.09
6.00
6.11
2.427
5.34
1.63
Footwear manufacturing
5.78
5.86
4.00
4.39
1.420
3.86
1.34
Nursing homes
4.78
7.64
6.10
5.46
3.253
4.60
1.82
Department stores
1.84
3.81
1.70
3.10
1.351
1.37
0.59
Medical practice
0.40
0.96
0.50
0.420 0.55
0.245
0.76
0.22
Secondary schools private
1.04
1.45
0.90
1.19
0.462
2.62
0.21
Secondary schools Government
1.26
N/A
0.90
1.19
0.619
2.62
0.21
Notes
1
NSW Average levy/premium rate excludes GST and additional costs arising from The New Tax System. SA All
listed rates are exclusive of GST. All other listed rates include GST and The New Tax System effects.
2
QLD Published rates exclude stamp duty and GST. Average premium rates include stamp duty and exclude GST.
3
NT/ACT Apart from WA and TAS, Industry Rates not provided for States with full private insurance underwriting.
NZ These rates include a 0.05 OSH levy.
Heads of Workers' Compensation Authorities 42
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