What is compulsory workers compensation insurance and when is it required?
Employers must take out and keep up to date a workers’ compensation insurance policy covering all their workers as required by the relevant workers’ compensation authority. Workers’ compensation insurance provisions for injured workers vary across the Commonwealth, state and territory schemes, but the obligations for employers will be the same for all workers, regardless of their age. Employees who suffer from injuries that arise out of or in the course of their employment will normally be entitled to compensation payments for lost income and medical treatment; although there are some limitations for injured employees at, or near, age 65. Employers should check with their relevant workers’ compensation authority for more detail on their obligations and entitlements for their employees.
