Mrs Edwardes questions the Minister for Labour Relations about preventing increases to the average recommended premium rate for workers compensation above 2.6%. The Minister assures that government changes will bring fairness and lower rates.

AnsweredQoN 37Legislative Assembly
Asked
22 May 2001
Portfolio
Labour Relations

QuestionView source ↗

WORKERS COMPENSATION, AVERAGE PREMIUM RATES
I have a supplementary question. The minister did not answer my question. Will he give an undertaking that his Government - not the insurance companies - will not introduce legislative or administrative changes that will increase the average recommended premium rate above 2.6 per cent? Mr KOBELKE

AnswerView source ↗

I thought the member may have understood, given that she has had responsibility in this area, that there is a difference between the average premium rate that is set by the Premium Rates Committee and that charged by the market. What is actually paid is most important to business, not what is set as an average premium rate on the books. I assure the member and the House that the changes to be put in place by the Government will put fairness back into the workers compensation system and the rates paid will go down.
Mr KOBELKE replied: I thought the member may have understood, given that she has had responsibility in this area, that there is a difference between the average premium rate that is set by the Premium Rates Committee and that charged by the market. What is actually paid is most important to business, not what is set as an average premium rate on the books. I assure the member and the House that the changes to be put in place by the Government will put fairness back into the workers compensation system and the rates paid will go down.
I thought the member may have understood, given that she has had responsibility in this area, that there is a difference between the average premium rate that is set by the Premium Rates Committee and that charged by the market. What is actually paid is most important to business, not what is set as an average premium rate on the books. I assure the member and the House that the changes to be put in place by the Government will put fairness back into the workers compensation system and the rates paid will go down.

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