Table 8.6: Selected industry premium rates as at 31 December 2023 (% of payroll)

 NSW1Vic2Qld3WA4SA5TasNew Zealand6
Average levy/premium rate1.301.2721.291.7271.85 2.070.67
Highest published rate

12.720 

(Concrete Construction Services)

(Professional Footballers)

18.00 

(Other Non-metallic Mineral Product Manufacturing)

14.863 

(Other Non-Metallic Mineral Product Manufacturing)

10.85 

(Other Horse and Dog Racing Activities)

9.892 

(Other Horse Racing Activities) 

 9.17 

(Other non-metallic mineral product manufacturing)

6.43

(Sport and physical recreation - professional sport (not elsewhere classified)

(Sport and physical recreation - professional rugby)

(Sport and physical recreation - professional rugby league)

(Sporting and recreational equine activities (not elsewhere classified))

(Sport and physical recreation – motorcycling)

(Horse racing activities - thoroughbred and other (not elsewhere classified))

(Horse racing activities - thoroughbred racing – jockeys)

Highest experienced rateN/AN/AN/AN/AN/AN/A73.87% loading (expressed as a % of an employer’s standard levy)
Lowest published rate

0.203 

(Financial Asset Broking Services)

(Computer Consultancy Services)

0.360 (numerous)

0.129 

(Computer system design and related services)

0.25

0.390 

(Coin and Stamp Dealing)

 0.40 

(Optometry and optical dispensing)

(Accounting services)

0.05

(Legal services)

(Accounting services)

(Computer systems design and related services)

Lowest experienced rateN/AN/AN/AN/AN/AN/A43.91% discount (expressed as a % of an employer’s standard levy).
House construction4.1702.2122.8811.322.519 2.781.84
Non-residential construction2.6801.8971.9322.282.474 2.31 1.71
Meat products7.57 5.719 4.731 4.04 7.469  6.11 2.46 
Rubber products manufacturing

620 (Rubber Tyre Manufacturing)

4.280 (Other Rubber Product Manufacturing nec

3.702 (Natural rubber product manufacturing)

2.864 (Synthetic resin and synthetic rubber manufacturing)

4.248 (Tyre manufacturing)

3.115 (Natural rubber product manufacturing)

1.890 (Synthetic Resin and Synthetic Rubber Manufacturing)

3.115 (Tyre Manufacturing)

2.39 (Natural Rubber Product Manufacturing)

2.65 (Rubber tyre manufacturing).

3.930 (Tyre manufacturing)

 2.22 (Natural rubber product manufacturing)

2.69 (Synthetic resin and synthetic rubber manufacturing)

0.61 (Natural rubber product manufacturing)

0.61 (Tyre manufacturing)

Plastic products

610 (Plastic Product, Rigid Fibre Reinforced, Mfg)

4.390 (Plastic Foam Product Manufacturing)

3.690 (Plastic Bag and Film Manufacturing)

3.40 (Plastic Extruded Product Manufacturing)

3.340 (Plastic Injection Moulded Product Manufacturing)

4.888 (Rigid and semi-rigid polymer product manufacturing)

2.986 (Other polymer product manufacturing)

4.162 (Polymer film and sheet packaging material manufacturing)

3.115 (Rigid and semi-rigid polymer product manufacturing)

2.48 (Rigid And Semi-Rigid Polymer Product Manufacturing)

2.64 (Polymer Film And Sheet Packaging Material Manufacturing)

3.19 (Other Polymer Product Manufacturing)

3.308 (Polymer Film and Sheet Packaging Material Manufacturing)

4.568 (Rigid and Semi-Rigid Polymer Product Manufacturing)

 

 2.22 (Other polymer product manufacturing).

2.78 (Polymer film and sheet packaging material manufacturing)

2.78 (Rigid and semi rigid polymer products manufacturing)

0.74 (Rigid and semi-rigid polymer product manufacturing)
Basic iron and steel products4.390 4.011 2.437 3.00 N/A2.59 1.02 
Steel casting5.350 4.337 2.437 2.09 6.496  2.59 1.02 
Steel pipes and tubes manufacturing4.610 2.846 2.437 2.51 3.091  2.59 1.02 
Pulp paper and paperboard manufacturing3.600 3.528 2.529 2.51 3.646  0.93 0.50 
Paint and coatings manufacturingN/A2.541 1.8302.50 2.733  2.78 0.27 
Soap and detergents

2.680 (Soap and Other Detergent Manufacturing)

 

3.224 (Cleaning compound manufacturing)1.830 (Cleaning compound manufacturing)1.87 (Cleaning compound manufacturing)2.470 (Cleaning compound Manufacturing) 2.78 (Cleaning compound manufacturing)0.36 (Cleaning compound)
Glass and glass products manufacturing5.620 6.223 5.140 3.50 3.203  2.69 1.25 
Cement2.890 5.119 1.757 2.71 1.068  2.69 1.25 
Clothing manufacturing

3.100 (Men’s and Women’s Clothing Manufacturing) 

3.030 (Other Clothing Manufacturing nec)

2.115 1.451 2.142.280 2.310.61 
Beer manufacturing2.000 2.548 1.395 1.661.520  1.76 0.41 
Hotels0.340 (Accommodation)

2.252 (Accommodation)

1.771 (Pubs, taverns and bars)

2.083 (Accommodation)

1.862 (Pubs, taverns and bars)

2.30 (Accommodation)

1.80 (Pubs, taverns and bars)

2.192 (Pubs taverns and bars)1.85 (Pubs, taverns and bars)0.60 (Accommodation)
Bread manufacturing4.0704.890 3.307 2.66 4.558 2.870.70 
Footwear manufacturing3.6906.2831.4512.313.199 2.310.61 
Aged care residential services3.510 4.161 2.633 2.52 3.704  4.17 1.18 
Department stores2.0501.660 1.454 1.601.7381.200.34 
Medical practice

0.733 (General practice medical services)

0.507 (Specialist Medical Services)

0.827 (General practice medical services)

0.517 (Specialist medical services)

0.415 (General practice medical services)0.68 (General practice medical services)0.458 (General Practice Medical Service) 0.46 (General practice medical services)0.07 (General practice medical services)
Secondary schools 1.020 

1.015 (Secondary schools – private) 

1.865 (Secondary schools – government) 

0.9851.040.804  1.02 0.24 

1 New South Wales — Rates have not been publicly disclosed since the 1 September 2015 reforms to separate the workers compensation regulatory and insurance functions between the newly created statutory agencies, State Insurance Regulatory Authority and Insurance and Care NSW. The rates utilised above are applicable as per icare’s NSW Workers Compensation Industry Classification rates.
2 Victoria — All rates exclude GST
3 Queensland — Published rates exclude stamp-duty and GST. Average premium rates include stamp-duty and exclude GST.
4 Western Australia — All published premium rates are exclusive of GST.
5 South Australia — all listed rates are exclusive of GST. All other listed rates include GST and The New Tax System effects.
6 New Zealand — All published levy rates are exclusive of GST and excludes residual levy.