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All.Insurance Statutory Lines.State Compensation

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.

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