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|
30 June 2018 |
30 June 2017 |
|
New South Wales1 |
Assets: $19,800m Liabilities: $20,100m Funding Ratio: 99% |
Assets: $19,134m Liabilities: $18,886m Funding Ratio: 101% |
|
Victoria |
Assets: $24,277m Liabilities: $25,402m Funding Ratio: 118% |
Assets: $20,922m Liabilities: $21,508m Funding Ratio: 123% |
|
Queensland |
Assets: $6,170m Liabilities: $3,981m Funding ratio: 155% |
Assets: $6,067m Liabilities: $3,986m Funding ratio: 152% |
|
Western Australia |
WA is a privately underwritten scheme, therefore this data is not available |
WA is a privately underwritten scheme, therefore this data is not available |
|
South Australia |
Assets: $3,982m Liabilities: $4,331m Funding ratio: 92% |
Assets: $3,604m Liabilities: $3,534m Funding Ratio: 102% |
|
Tasmania |
Tasmania is a privately underwritten scheme therefore this data is not available |
Tasmania is a privately underwritten scheme, therefore this data is not available |
|
Northern Territory |
Northern Territory is a privately underwritten scheme therefore this data is not available |
Northern Territory is a privately underwritten scheme therefore this data is not available |
|
C’wealth Comcare2 |
Liabilities: $1,646m Funding Ratio: 129% |
Liabilities: $1,708m Funding Ratio: 128% |
|
C’wealth Seacare |
Seacare is a privately underwritten scheme, therefore this data is not available |
Seacare is a privately underwritten scheme, therefore this data is not available |
|
New Zealand |
Assets: NZ$9,662m Liabilities: NZ$7,135m Funding Ratio: 135.4% |
Assets: NZ$9,216m Liabilities: NZ$6,231m Funding Ratio: 146.5% |
- The funding position is provided for the government insurer, Insurance & Care NSW which represents 74 per cent of wages within New South Wales
- Comcare data is, and has been in previous years, inclusive of risk margins and is not directly comparable to centrally funded schemes. Comcare provided data will exclude risk margins in future reports.
Care should be taken when analysing the information above as the valuation of liabilities differs across jurisdictions. The Comparative Performance Monitoring (CPM) report 23rd edition - Workers’ compensation funding attempts to address most of the areas where differences can occur.