NSW’s State Insurance Regulatory Authority (SIRA) has released the latest workers’ compensation data showing a significant reduction in death and injury rates in NSW workplaces.
The Statistical Bulletin 2013/14 for NSW workers’ compensation statistics reveals that workplace injuries decreased by eight percent in 2013/14. Work-related fatalities decreased to their lowest level since 1987/88.
Deputy Secretary Better Regulation, Department of Finance, Services and Innovation and Chief Executive of SIRA, Anthony Lean was pleased with the data.
“The NSW Government is committed to driving down injury rates and improving workplace safety and productivity,” said Mr. Lean.
“An increased focus by SafeWork NSW on advisory services, education and assistance through workplace visits, campaigns, and industry programs has led to an improvement in workplace safety.
“A fall in injuries benefits business through a healthier workforce and reduced works compensation premiums. This is demonstrated by the 17 percent fall in premiums on average since 2012 and the continuing fall in standardized premiums.
“A reduction in injuries also improves the financial performance of the Scheme, and last year the NSW Government was able to deliver a $1 billion enhancement package that better supports injured workers, incentivizes safe workplaces and keeps premiums down.”
The Statistical Bulletin 2013/14 also showed that all work-related employment injuries in 2013/14 decreased by 8 percent with a ten percent reduction in the incidence rate.
A total of 30,126 major employment injuries were reported in 2013/14, a decrease of 3,453 (10%) from 33,579 in 2012/13.
The data also shows that work-related fatalities reported in 2013/14 reduced to the lowest level since 1987/88. Workplace injuries resulting in permanent disability also decreased by 23 percent compared to the previous year. Total claim payments also decreased by 7 percent to $2.74 billion.