Editors Picks
Monday, 26 June 2023
Support for insurance schemes
THE NSW Government faces a $669M bill to support the state’s insurance schemes, which have been mismanaged under the previous Liberal-National administration. The emergency funding aims to protect injured public sector workers and address issues such as historic liabilities for child sexual abuse, natural disaster damages, and workers’ compensation claims. The funding injection highlights the challenges inherited by the Minns Government and adds to the budgetary pressures. The reforms seek to improve return-to-work rates and create a financially sustainable workers’ compensation system.
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Michael Walls
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