Updated April 2026

Compare Workers Compensation Insurance in Australia

Compare workers compensation insurance across all Australian states and territories. View scheme types, premium calculations, coverage details and provider options side by side.

Last reviewed: 15 April 2026
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BizCover Workers Compensation

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Mandatory
For all Australian employers with workers
8 Schemes
State and territory workers comp systems
~1.2 - 2.0%
Typical avg premium rate (% of wages)
3 States
WA, TAS & ACT allow insurer choice

What is Workers Compensation Insurance?

Workers compensation insurance is a mandatory form of cover that protects employees who suffer a work-related injury or illness, and protects employers from the financial costs associated with workplace injuries.

In Australia, workers compensation insurance is a legal requirement for all employers who engage workers. It provides a safety net covering medical expenses, income replacement, rehabilitation and lump sum payments when an employee is injured or becomes ill because of their work. The system is designed to ensure that injured workers receive support without needing to prove fault or take legal action against their employer.

Workers compensation is regulated at the state and territory level, meaning each jurisdiction operates its own scheme with distinct rules, premium structures and benefits. Most states run government monopoly schemes where employers must use the designated state insurer, while Western Australia, Tasmania and the ACT operate competitive markets where employers can choose from approved private insurers.

The national body SafeWork Australia develops harmonised work health and safety (WHS) policy and coordinates national data collection, but each state scheme remains separately administered. Employers should also be aware of their broader obligations under the Fair Work Act 2009 regarding workplace conditions and employee entitlements.

Note: Workers compensation is mandatory for all Australian employers with workers. Failing to hold a current policy can result in significant fines, prosecution and personal liability for injury costs. Sole traders who do not employ anyone are generally exempt, but should check their state requirements as some contractors may be deemed workers.

Types of Workers Compensation Schemes in Australia

The structure of workers compensation varies across Australian jurisdictions. Understanding which type of scheme operates in your state determines whether you have a choice of insurer.

Competitive Private Market Schemes

In Western Australia, Tasmania and the ACT, employers can choose from multiple approved private insurers. This allows comparison of premiums, claims management quality and injury prevention support.

Covers WA, TAS and ACT
Employers can compare and choose insurers
Premiums may vary between insurers
Competition may drive better claims and return-to-work support

Self-Insurance

Large employers with strong financial capacity and safety records may apply to self-insure with approval from the state regulator. Self-insurers manage and fund their own workers compensation claims directly rather than purchasing a policy.

Available in all states for qualifying employers
Requires regulator approval and financial guarantees
Employer manages claims and return-to-work directly
Commonly chosen by large corporations and government bodies

Federal Scheme (Comcare)

Comcare administers workers compensation for Commonwealth Government employees, certain licensed corporations and the ACT public sector under the Safety, Rehabilitation and Compensation Act 1988.

Covers Commonwealth employees and licensed corporations
Administered under federal legislation
Separate from state and territory schemes
Large national employers may apply for a Comcare licence

How to Choose Workers Compensation Insurance

In competitive states (WA, TAS, ACT), employers can compare insurers. In monopoly states, the focus shifts to understanding your obligations and optimising your premium.

Competitive States (WA, TAS, ACT)

Employers in these states can compare multiple approved insurers based on premium rates, claims management reputation, injury prevention support and return-to-work programs.

Monopoly States (NSW, VIC, QLD, SA, NT)

While there is no insurer choice, employers can still optimise their premium by maintaining accurate wage declarations, managing claims effectively and investing in workplace safety.

Large Employers Considering Self-Insurance

Businesses with strong financial capacity and robust safety systems may find self-insurance worth considering. It provides greater control over claims but requires significant administrative capability and regulatory approval.

Confirm which state scheme applies to each of your workplaces
Ensure your industry classification accurately reflects your business activities
Review your claims history and experience modification factor
Compare insurer claims management and return-to-work support (competitive states)
Assess injury prevention and workplace safety programs offered by the insurer
Keep wage declarations accurate and up to date to avoid audit adjustments
Understand your return-to-work obligations as an employer

Workers Compensation by State and Territory

Each Australian state and territory operates its own workers compensation scheme. This table summarises the key features of each system.

State/Territory Scheme Type Regulator Provider Choice? Avg Premium Rate
NSW icare (nominal insurer) Government monopoly SIRA No (except large self-insurers) ~1.4% of wages
VIC WorkSafe Victoria Government monopoly WorkSafe VIC No ~1.3% of wages
QLD WorkCover Queensland Government monopoly Office of Industrial Relations No (except self-insurers) ~1.2% of wages
SA ReturnToWorkSA Government monopoly ReturnToWorkSA No ~1.5% of wages
WA WorkCover WA Competitive private market WorkCover WA Yes - multiple insurers ~1.5 - 2.0% of wages
TAS WorkCover Tasmania Competitive private market WorkSafe Tasmania Yes - multiple insurers ~1.5 - 2.0% of wages
ACT Private insurers Competitive ACT Work Safety Yes ~1.5 - 2.0% of wages
NT TIO Government NT WorkSafe No ~1.5% of wages
Federal Comcare Government Comcare No (Commonwealth employees) Varies

Disclaimer: Premium rates shown are approximate averages and vary significantly by industry classification, claims history and employer size. Rates are indicative only and subject to change. Confirm current rates with your state regulator or insurer. If you spot something incorrect, please let us know.

Workers Compensation Providers for Competitive States

In WA, TAS and ACT, employers can choose from approved private insurers. The following providers are commonly compared by Australian businesses seeking workers compensation in these competitive markets.

BizCover Workers Compensation

BizCover provides online workers compensation estimates for small and medium businesses in competitive states. Compare options from multiple insurers with a streamlined digital process.

Online workers comp for SMEs in competitive states
Compare multiple insurer options
Streamlined digital application process
Bundled with other business insurance covers
CGU Workers Compensation

CGU is an IAG-underwritten insurer offering workers compensation in WA, TAS and ACT. Over 165 years of experience insuring Australian businesses across a wide range of industries.

Available in WA, TAS and ACT
IAG-backed financial strength
Broad industry coverage
Dedicated claims and injury management teams
Allianz Workers Compensation

Allianz offers workers compensation in competitive states with a focus on injury prevention and return-to-work programs. Part of one of the world's largest insurance groups.

Available in competitive states
Global insurer with strong financial backing
Injury prevention and risk management support
Return-to-work program assistance
QBE Workers Compensation

QBE is an ASX-listed global insurer offering workers compensation primarily in WA and TAS. Known for industry-specific risk management and return-to-work support.

Available in WA and TAS
ASX-listed with strong financial ratings
Industry-specific risk management tools
Experienced claims and rehabilitation teams
GIO Workers Compensation

GIO is an IAG-backed insurer offering workers compensation in competitive states. Provides employer support including workplace safety resources and injury management guidance.

Available in competitive states
IAG-underwritten
Workplace safety resources and tools
Injury management and return-to-work support
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What Workers Compensation Covers

Workers compensation provides a range of benefits to employees who suffer work-related injuries or illnesses. The specific entitlements and durations vary by state.

Benefit What It Includes Notes
Weekly income payments Replacement of lost wages while the worker is unable to perform their usual duties Typically a percentage of pre-injury earnings, reducing over time. Duration and step-down rates vary by state.
Medical and hospital expenses Costs of medical treatment, surgery, hospital stays, medication and allied health services Covers reasonably necessary treatment related to the work injury. Some states set fee schedules for providers.
Rehabilitation Physiotherapy, occupational therapy, psychological support and vocational rehabilitation Designed to support recovery and return to work. Employers have obligations to provide suitable duties.
Lump sum for permanent impairment One-off payment for workers who suffer a permanent injury or disability as a result of work Amount is based on the assessed degree of whole person impairment. Thresholds and assessment methods differ by state.
Death benefits Lump sum payments and ongoing support for dependants of a worker who dies from a work-related injury or illness Includes funeral expenses and payments to dependants. Amounts are set by state legislation.
Travel to treatment Reimbursement for travel costs incurred attending medical appointments and rehabilitation Covers reasonable travel where the worker needs to attend treatment related to their workplace injury.
Return-to-work programs Structured plans to help injured workers return to suitable employment as early as safely possible Employers have a legal obligation to participate in return-to-work planning. Early intervention leads to better outcomes.

Note: Benefit entitlements, durations and payment amounts vary between states and territories. Always check the specific provisions with your state or territory scheme for current details.

What Workers Compensation Generally Does Not Cover

While workers compensation is broad, certain situations fall outside coverage. The specifics vary between state schemes.

Self-inflicted injuries

Injuries that are deliberately self-inflicted are generally excluded from workers compensation coverage in all states.

Injuries during serious and wilful misconduct

Injuries sustained while the worker was engaged in serious and wilful misconduct may be excluded, though coverage for the injury itself may still apply if it results in death or serious permanent disability.

Injuries under the influence of drugs or alcohol

Coverage may be reduced or denied if the injury occurred while the worker was under the influence of drugs or alcohol. The specific rules and thresholds vary by state.

Journey claims (varies by state)

Travel to and from work is not covered in all states. NSW removed general journey claims in 2012. Other states still provide some level of journey cover. Check your state scheme for current rules.

Independent contractors

Genuine independent contractors are generally not covered by the engaging business's workers compensation policy. However, some contractors may be deemed workers under state legislation and must be included. The employee vs contractor distinction is critical.

What Affects Workers Compensation Premiums?

Premiums are calculated using a combination of factors specific to your business. Understanding these can help you manage costs effectively.

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Industry classification

Every business is assigned an industry classification code that reflects the level of workplace risk. Higher-risk industries such as construction, mining and manufacturing attract higher premium rates than office-based work.

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Total wages and payroll

Premiums are calculated as a percentage of your total remuneration. Higher payrolls mean higher premiums. Accurate wage declarations are essential to avoid year-end audit adjustments.

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Claims history and experience rating

Your past claims record directly affects your premium through experience modification. Businesses with fewer and less severe claims typically receive a discount, while those with poor claims history pay a loading.

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Number of employees

The number and type of workers you employ influences both the total payroll figure and the overall risk profile used to calculate your premium.

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Safety record and WHS systems

Employers with documented workplace health and safety systems, low incident rates and proactive injury prevention programs may attract lower premiums or premium discounts.

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State scheme

Average premium rates differ between state schemes. Queensland tends to have the lowest average rate (~1.2%) while competitive states and SA tend to be higher (~1.5 - 2.0%).

Workers Compensation Cost Guide by Industry 2026

Workers compensation premium rates vary dramatically by industry. The following are indicative industry rate ranges expressed as a percentage of total wages.

Office and clerical work
~0.3 - 0.5%
~$300 - $500 per $100K wages
Retail and wholesale trade
~1.0 - 1.5%
~$1,000 - $1,500 per $100K wages
Healthcare and social assistance
~1.5 - 2.5%
~$1,500 - $2,500 per $100K wages
Manufacturing
~2.0 - 4.0%
~$2,000 - $4,000 per $100K wages
Construction
~3.0 - 6.0%
~$3,000 - $6,000 per $100K wages
Mining
~3.0 - 5.0%
~$3,000 - $5,000 per $100K wages
Transport, postal and warehousing
~3.0 - 5.0%
~$3,000 - $5,000 per $100K wages

How Premiums Are Calculated

  • Basic formula: Total Wages x Industry Rate x Experience Modification Factor
  • Industry rate: Set by the state scheme based on the risk profile of your industry classification
  • Experience modification: Adjusts premium up or down based on your claims history relative to industry average
  • Minimum premiums: Most states set a minimum annual premium regardless of wages paid

Wage Declaration and Audits

  • Estimated wages: You declare estimated wages at policy inception and true-up at year end
  • Audit adjustments: Under-declared wages result in additional premium at audit, over-declared wages may receive a refund
  • Included remuneration: Base salary, overtime, bonuses, superannuation, allowances and fringe benefits are typically included
  • Contractor wages: Payments to deemed workers (contractors not genuinely independent) may also need to be declared

Disclaimer: These industry rate ranges are indicative estimates only and vary significantly by state, specific industry sub-classification, claims history and employer size. Actual premiums are determined by your state scheme or insurer. See SafeWork Australia for national workers compensation data and statistics.

Reducing Workers Compensation Premiums

Lower premiums are primarily achieved through fewer and less severe workplace injuries. These practical steps may help manage costs.

1

Implement a WHS management system

A documented workplace health and safety system that identifies hazards, assesses risks and implements controls can reduce injury frequency and may be recognised by your scheme or insurer with premium discounts.

2

Establish strong return-to-work programs

Early and proactive return-to-work programs reduce claim duration and costs. Having suitable duties ready for injured workers supports faster recovery and lowers your experience modification.

3

Ensure accurate industry classification

Verify your industry classification code accurately reflects your primary business activities. An incorrect classification can result in overpaying or underpaying premiums.

4

Report injuries early

Early injury reporting and intervention typically leads to better health outcomes for workers and lower overall claim costs, which improves your experience rating over time.

5

Conduct regular workplace risk assessments

Proactive identification and management of workplace hazards helps prevent injuries before they occur. Regular reviews of work processes, equipment and training are worth prioritising.

Workers Compensation Claims Process

The claims process involves both the injured worker and the employer. Understanding each step helps ensure claims are handled smoothly and workers receive timely support.

1

Worker reports injury to employer

The injured worker reports the injury or illness to their employer as soon as practicable. The employer should document the incident details, including time, location and circumstances.

2

Employer lodges claim with insurer or scheme

The employer completes and submits the workers compensation claim form to their state insurer or scheme. This should be done promptly - most states have timeframes for lodgement.

3

Insurer assesses the claim

The insurer reviews the claim, medical evidence and workplace information to determine whether the injury is work-related and covered. They must make a decision within the timeframe set by state legislation.

4

Treatment and rehabilitation

Once accepted, the insurer arranges and funds appropriate medical treatment and rehabilitation. The treating doctor and rehabilitation provider work with the worker and employer on recovery.

5

Return-to-work plan

The employer, worker and insurer collaborate on a return-to-work plan that includes suitable duties, graduated hours and any workplace modifications needed. Employers have a legal obligation to participate.

6

Claim resolution

The claim is resolved when the worker returns to full duties, reaches maximum medical improvement, or the claim is otherwise settled. If the worker disagrees with any decision, they can access the state's dispute resolution process.

Australia-specific Workers Compensation Information

Workers compensation in Australia operates under a complex framework of state, territory and federal legislation. These are key points for employers to understand.

SafeWork Australia's role

SafeWork Australia is the national body that develops harmonised work health and safety and workers compensation policy. While it does not regulate individual employers directly, its model laws form the basis of WHS legislation adopted (with variations) by most states and territories.

Harmonised WHS laws

The model Work Health and Safety Act has been adopted by most Australian jurisdictions, creating broadly consistent employer duties across the country. Victoria and Western Australia maintain their own separate WHS legislation but share many similar principles.

State scheme differences

Despite harmonisation efforts, significant differences remain between state workers compensation schemes in areas such as benefit levels, claims timeframes, dispute resolution processes, journey claim coverage and step-down rates for weekly payments.

Penalties for non-compliance

Employers who fail to maintain workers compensation insurance face serious consequences including fines (often exceeding $50,000), prosecution, and personal liability for the full cost of any workplace injuries. In some states, directors may also face individual penalties.

Contractor vs employee distinction

The classification of a worker as an employee or contractor is critical for workers compensation obligations. State legislation may deem certain contractors as workers, requiring the engaging business to include them in their policy. The ATO and state regulators provide guidance on determining worker status.

Understanding Your Workers Compensation Policy

In competitive states, your workers compensation policy and certificate of currency are important documents. In monopoly states, the state scheme sets the terms by legislation.

Certificate of currency

A certificate of currency confirms that your workers compensation insurance is current and valid. Principals, head contractors and clients may request this as evidence of coverage before you start work on their site.

Wage declarations and remuneration

Your policy covers employees based on the wages you declare. Ensure you understand what constitutes remuneration under your state scheme - it typically includes base salary, overtime, bonuses, superannuation contributions and allowances.

Industry classification codes

Your premium rate is linked to the industry classification code assigned to your business. If your business activities change, notify your insurer or scheme to ensure the classification remains accurate.

Employer obligations and duties

Your policy outlines your obligations as an employer, including maintaining a safe workplace, reporting injuries promptly, participating in return-to-work programs and keeping accurate payroll records. Non-compliance with these duties may affect your coverage.

Workers Compensation Insurance FAQs

Answers to the questions Australian employers most frequently ask about workers compensation insurance.

What is workers compensation insurance?
Workers compensation insurance is a mandatory form of cover for Australian employers. It provides benefits to employees who suffer a work-related injury or illness, including weekly income payments, medical and hospital expenses, rehabilitation, lump sum payments for permanent impairment and death benefits for dependants.
Who needs workers compensation insurance in Australia?
All employers who engage workers in Australia are legally required to hold workers compensation insurance in the relevant state or territory. This includes businesses of all sizes. Sole traders who do not employ anyone are generally exempt, though some states deem certain contractors as workers who must be covered.
How are workers compensation premiums calculated?
Premiums are generally calculated using the formula: Total Wages x Industry Rate x Experience Modification Factor. The industry rate reflects your business classification's risk level, and the experience modification adjusts your premium based on your claims history compared to the industry average.
What does workers compensation cover?
Workers compensation typically covers weekly income replacement, medical and hospital expenses, rehabilitation services, lump sum payments for permanent impairment, death benefits for dependants, travel costs to treatment and return-to-work programs. Specific entitlements and durations vary by state.
How do I make a workers compensation claim?
The worker reports the injury to the employer, who then lodges a claim with the state insurer or scheme. The insurer assesses whether the injury is work-related and, if accepted, arranges treatment and income payments. Both the worker and employer participate in return-to-work planning. Most states require prompt notification within specified timeframes.
What are the penalties for not having workers compensation?
Penalties vary by state but can include substantial fines (often exceeding $50,000), criminal prosecution and personal liability for the full cost of any workplace injuries that occur while uninsured. Some states also allow imprisonment for serious or repeat offences.
Do contractors need workers compensation coverage?
It depends on whether the contractor is a genuine independent contractor or a deemed worker under state legislation. Many states have provisions that deem certain contractors as workers, meaning the engaging business must include them in their workers compensation cover. The distinction is based on factors such as control, tools, financial risk and the ability to delegate. See the ATO's guidance on employee vs contractor classification.
Are volunteers covered by workers compensation?
Coverage for volunteers varies by state. Some jurisdictions extend workers compensation to certain categories of volunteers, particularly those in community organisations and emergency services. Other states require separate volunteer personal accident insurance. Check with your state regulator for the specific rules that apply.
What if my employees work across multiple states?
If your employees perform work in more than one state, you generally need workers compensation cover in each state where work is performed. Some states have provisions for interstate workers based on the employer's principal place of business or the employee's usual state of employment. Seek guidance from your insurer or scheme if you have a multi-state workforce.
How do I dispute a workers compensation decision?
Each state has its own dispute resolution process. Typically, you can request an internal review of the insurer's decision, followed by conciliation or mediation through the state regulator. If the matter remains unresolved, it can be escalated to the relevant state tribunal or court. For general insurance complaints, the Australian Financial Complaints Authority (AFCA) may also assist with eligible disputes.

Workers Compensation Glossary

Key workers compensation terms explained in straightforward language.

Workers Compensation
Mandatory insurance that covers employees for work-related injuries and illnesses, providing income replacement, medical expenses and rehabilitation benefits.
Experience Rating
A system that adjusts an employer's premium based on their claims history compared to the industry average. Fewer claims result in a discount; more claims result in a loading.
Industry Classification
A code assigned to a business based on its primary activities, used to determine the base premium rate. Higher-risk industries attract higher rates.
Permanent Impairment
A lasting injury or condition resulting from a workplace incident that is assessed as a percentage of whole person impairment, entitling the worker to a lump sum payment.
Return to Work
The process of helping an injured worker resume suitable employment as early as safely possible. Employers have legal obligations to participate in return-to-work planning.
Total Incapacity
When a worker is completely unable to perform any work as a result of their injury. Weekly payments are typically at the highest rate during total incapacity.
Partial Incapacity
When a worker can perform some work but not their full pre-injury duties. Weekly payments may be adjusted based on their current earning capacity.
Deemed Worker
A contractor or subcontractor who is treated as an employee for workers compensation purposes under state legislation, even though they may not be an employee at common law.
Self-Insurer
A large employer approved by the state regulator to manage and fund their own workers compensation claims instead of purchasing insurance through the state scheme.
WorkCover
A general term used in several Australian states to refer to the workers compensation scheme or regulator. The specific entity varies by state - for example, WorkCover Queensland, WorkCover WA and WorkCover Tasmania.
Step-Down Rate
The reduction in weekly income payments that occurs after a set period on workers compensation. Most states reduce payments from an initial higher rate to a lower rate after a number of weeks.
Certificate of Currency
A document issued by the insurer or scheme confirming that the employer holds current and valid workers compensation insurance.

Workers Compensation Insurance by Brand

Browse workers compensation providers commonly compared by Australian employers. Provider availability varies by state.

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