Table 1: Statutory benefits under the SRC Act 1988 - Current
| Subsection of SRC Act |
Nature of Benefit |
1 July 2011 |
17(3)
|
Death - lump sum |
$458,980.51 |
| 17(4) |
Death - lump sum |
$458,980.51 |
| 17(5) |
Death - dependent child (per week) |
$126.22 |
18(4)(a)
|
Funeral benefits |
$10,412.50 |
| 19(7) |
Incapacity employee (per week) |
$412.92 |
19(8)
|
Incapacity - prescribed person (per week) |
$102.25 |
| 19(9) |
Incapacity - dependent child (per week) |
$51.09 |
| 24(9) |
Lump sum permanent impairment |
$163,535.42 |
27(2)
|
Non-economic loss impairment component 'A' |
$30,662.91 |
| Non-economic loss component 'B' |
$30,662.91 |
| 29(1) |
Household services (per week) |
$408.83 |
| 29(3) |
Attendant care service (per week) |
$408.83 |
| 30(1) |
Redemption - eligibility ceiling (per week) |
$102.25 |
| 137(1) |
Redemption - eligibility ceiling (per week) |
$102.25 |
Previous statutory rates:
For details of rates prior to 2001 please contact Comcare.
Table 2: SRC Act Section 16(6) Specified Rate per Kilometre
| Date |
Rate |
Notice |
1 July 2008
|
60 c/km |
Jurisdictional Policy Advice No 2008/06 |
| 1 October 2003 |
47 c/km |
No 18 of 2003 Gazette, GN 39, 1/10/03, p 2884 |
| 1 July 2002 |
42 c/km |
Jurisdictional Policy Advice No 2002/01 |
1 July 2001
|
42 c/km |
No 2 of 2001 Gazette, GN 26, 4/7/01, p 1817 |
| 7 December 2000 |
34 c/km |
No 1 of 2001 Gazette, GN 9, 7/3/01, p 623 |
| 8 November 2000 |
34 c/km |
No 3 of 2000 Gazette, GN 44, 8/11/00, p 3079 |
| 29 May 1995 |
30 c/km |
No K1 of 1995 Gazette, S 119, 30/5/95 |
| 24 December 1992 |
16 c/km |
No K1 of 1995 Gazette, S 119, 30/5/95 |
1 July 1992
|
12 c/km |
N/A
|
| 1 July 1991 |
15 c/km |
N/A |
| 1 July 1990 |
12 c/km |
N/A |
| 1 July 1989 |
12 c/km |
N/A |
1 December 1988
|
12 c/km |
N/A |
Table 3: SRC Act Subsection 19(5) Maximum Normal Weekly Earnings after 45 Weeks' Incapacity (being 150% of AWOTEFA)
| Date of Effect |
Amount |
| 17/11/11 |
$1983.90 |
| 18/08/11 |
$1958.10 |
| 19/5/11 |
$1932.15 |
| 24/2/11 |
$1908.75 |
| 18/11/10 |
$1889.10 |
| 19/8/10 |
$1884.45 |
| 20/5/10 |
$1864.65 |
| 25/2/10 |
$1834.95 |
| 19/11/09 |
$1802.85 |
| 13/8/09 |
$1796.25 |
| 21/5/09 |
$1774.65 |
| 26/2/09 |
$1747.35 |
| 13/11/08 |
$1717.65 |
| 14/8/08 |
$1698.30 |
| 15/5/08 |
$1684.95 |
| 21/2/08 |
$1669.05 |
| 15/11/07 |
$1655.40 |
| 16/8/07 |
$1632.60 |
| 17/5/07 |
$1605.60 |
| 22/2/07 |
$1588.35 |
| 16/11/06 |
$1576.95 |
| 17/8/06 |
$1564.50 |
| 18/5/06 |
$1553.85 |
| 2/3/06 |
$1544.25 |
| 17/11/05 |
$1533.90 |
| 18/8/05 |
$1512.15 |
| 19/5/05 |
$1486.80 |
| 24/2/05 |
$1457.80 |
| 18/11/04 |
$1440.00 |
| 19/8/04 |
$1428.75 |
| 20/5/04 |
$1422.00 |
| 26/2/04 |
$1409.40 |
| 13/11/03 |
$1397.10 |
| 14/8/03 |
$1381.50 |
| 22/5/03 |
$1350.60 |
| 20/2/03 |
$1334.40 |
| 14/11/02 |
$1318.20 |
| 15/8/03 |
$1300.20 |
| 16/5/02 |
$1290.75 |
| 21/2/02 |
$1273.05 |
| 15/11/01 |
$1257.75 |
| 16/8/01 |
$1236.15 |
| 17/5/01 |
$1215.90 |
| 1/3/01 |
$1203.75 |
| 16/11/00 |
$1197.15 |
| 17/8/00 |
$1173.90 |
| 18/5/00 |
$1162.50 |
| 2/3/00 |
$1144.80 |
Table 4: SRC Act Subsection 20(3) Changes to Superannuation Amount for Superannuation Funds Managed by ARIA
| Date of effect |
Increase |
30/12/11
|
1.5%
|
| 1/07/11 |
2.0% |
31/12/10
|
1.3%
|
18/06/10
|
1.4%
|
01/01/10
|
1.3%
|
| 18/6/09 |
0% |
| 18/12/08 |
2.7% |
20/6/08
|
2.3%
|
20/12/07
|
1.9%
|
21/12/06
|
2.5%
|
22/6/06
|
1.4%
|
22/12/05
|
1.6% |
| 24/6/05 |
1.4% |
| 23/12/04 |
0.9% |
| 25/6/04 |
1.4% |
| 25/12/03 |
0.6% |
| 27/6/03 |
2.0% |
| 27/12/02 |
1.4% |
| 28/6/02 |
1.8% |
| 28/12/01 |
1.1% |
Table 5: SRC Act Subsection 21(5) Specified Rate of Weekly Interest on Lump-sum Superannuation Amounts
| Date |
Rate |
1/7/11 - 30/6/12
|
5.35%
|
1/7/10 - 30/6/11
|
5.38%
|
1/7/09 - 30/6/10
|
5.35%
|
1/7/08 - 30/6/09
|
6.08% |
| 1/7/07 - 30/6/08 |
5.72% |
| 27/4/07 - 30/6/07 |
5.72% |
Table 6: SRC Act subsection 8(9B) and subsection 8(9F) increase rates for normal weekly earnings adjustment
| Date |
Rate |
| 1/07/11 |
3.80% |
| 1/7/10 |
2.90%
|
| 1/7/09 |
4.20%
|
| 1/7/08 |
4.20% |
