Australia’s peak retail body, the Australian Retail Association, says an increase in WorkCover premiums is the last thing businesses need amid rising inflation and a crime wave targeting small businesses.
On May 19, the Victorian Labor government announced a 42 percent increase to the Workcover premium paid by the state’s businesses into joint funds used to cover employee injuries and insurance claims.
“There’s nothing safe about being sick—we’re helping workers return to their jobs and making sure WorkCover can support Victorians for many years to come,” said Premier Daniel Andrews in a statement.
The government said WorkCover was “fundamentally broken” and did not meet the modern needs of work….