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 NSWVicQldWASATasNTACT1C’wealthNew Zealand2
Employees covered for workers’ compensation (2020-21)3,666,562 3,123,394 2,410,287 1,304,079 795,152 245,690 131,246 161,223 445,730 N/A
Number of serious claims with one week or more incapacity (2020-21)47,879 20,289 32,676 12,747 7,026 3,441 1,069 1,813 2,127 N/A
Number of serious claims per 1,000 employees (2020-21)13.16.513.69.88.8148.19.54.8N/A
Compensated deaths per 100,000 employees (2020-21)1.31.51.11.41.80.40.82.54.9N/A
Scheme funding3Publicly underwritten Publicly underwrittenPublicly underwrittenPrivately underwrittenPublicly underwrittenPrivately underwrittenPrivately underwrittenPrivately underwrittenPublicly underwritten4Publicly underwritten
Standardised Average Premium rate (% of payroll)

1.45 (2021-22)

1.47 (2020-21)

1.31 (2021-22)

1.32 (2020-21)

1.15 (2021-22)

1.15 (2020-21)

1.45 (2021-22)

1.40 (2020-21)

1.60 (2021-22)

1.57 (2020-21)

1.92 (2021-22)

1.75 (2020-21)

1.29 (2021-22)

1.37 (2020-21)

1.62 (2021-22)

1.60 (2020-21)

0.70 (2021-22)

0.76 (2020-21)

0.53 (2021-22)

0.54 (2020-21)

Standardised Funding Ratio (%)

(2020-2021)

111105173119105128111N/A129145

Excess/Unfunded

(30 June 2023)

$1,785 million unfunded $4.071 billion deficit $1.897 billion fundedN/A 

$226 million unfunded 

 

N/A N/A N/A $290 million excess 

$2.527 billion excess 

Work Account only

Access to Common LawYes Yes (limited) Yes Yes Yes (limited) Yes No Yes Yes (limited) No 

 


1 Only includes workers' compensation scheme data from the ACT private sector.

2 Workers’ Compensation data is not available for New Zealand as New Zealand did not make a National Dataset for Compensation-based Statistics (NDS) data submission in recent years. 

3 Previous reports referred to the scheme funding as managed, central and privately underwritten. For this report, it has been changed to publicly or privately underwritten as it better reflects how schemes are funded and provides for easier comparison. 

4 Excluding Seacare, which is privately underwritten