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Release of new statutory rates

7 June 2023


Comcare has published new statutory rates under the Safety, Rehabilitation and Compensation Act 1988 (SRC Act) for the following purposes:

  • indexation of benefits under sections 13 and 13AA of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act)
  • indexation of the normal weekly earnings amount where the employee has ceased employment as per subsections 8(9B) and 8(9F)) of the SRC Act
  • weekly interest on the superannuation lump sum under s21(5) of the SRC Act
  • superannuation pension update (sections 20 and 21A).

The rates apply from 1 July 2023, except for the superannuation pension update (section 20 and 21A) which applies from 30 June 2023.

Visit the Comcare website for the new rates for statutory compensation.

Page last reviewed: 15 December 2019

Comcare
GPO Box 9905, Canberra, ACT 2601
1300 366 979 | www.comcare.gov.au

Date printed 21 Apr 2024

https://www.comcare.gov.au/about/news-events/news/release-of-new-statutory-rates