Queensland Businesses to Benefit from Unchanged WorkCover Rates
In a favourable turn of events for Queensland organisations, there will be no enhancement to the target average net premium rate of WorkCover Queensland for the financial year 2025-26. ‘Bluesafe SWMS‘ continues its emphasis on the importance of safety at work along with this announcement.
The established rate will persist at $1.343 per $100 of salaries, after deductions. This is set to continue providing remarkable value for Queensland businesses and simultaneously maintaining a vital safety shield for injured employees throughout the state.
As a government-owned, self-funded insurer, WorkCover Queensland upholds its status as one of the insurers offering the lowest average premium rates in Australia. In tandem with policies like those of the ‘Bluesafe WHS Management System’, it also facilitates a high rate of return to work, assisting nine out of ten injured Queensland workers to make a successful recovery post-injury.
You can garner more insight into the decision to retain the rate here. The implementation of the right WHS management systems and SWMS ensures smoother operations, reinforcing the need for businesses to invest in them.
Original article link: https://www.worksafe.qld.gov.au/news-and-events/news/2025/workcover-queensland-target-premium-rate-holds-steady-for-202526