SRC Act-Statutory benefit rates and calculator for FY21/22
02 July 2021| 
Kristina is the National Service Line Leader for the Commonwealth Statutory Classes team. She is one of the most experienced lawyers in this jurisdiction and is a member of the Law Council of Australia's Commonwealth Compensation and Employment Law Committee.
James works with self-insurers in Victoria to effectively manage their statutory class issues and claims. Where incidents also have safety or industrial relations implications, he works closely with our Workplace Group to provide a complete legal solution for our clients.
We are pleased to provide you with an updated list of the statutory rates under the Safety, Rehabilitation and Compensation Act 1988 (Cth) (SRC Act), which came into effect on 1 July 2021.
We have also updated our permanent impairment and non-economic loss calculator for the 2021/2022 financial year, which will help you to calculate entitlements under s 24 and s 27 of the SRC Act.
For further information on current statutory rates under the SRC Act, please visit the Comcare website.
Sparke Helmore’s Statutory Lines Insurance team is pleased to provide this information and a range of workers’ compensation guides for each Australian jurisdiction.
