Industry rates and key dates

Premiums Order 2025–26

The methods for calculating employer WorkCover premiums for the 2025–26 year are set out in the Workplace Injury Rehabilitation and Compensation Act 2013 Premiums Order (No. 33) which is published in the Victoria Government Gazette Periodical No. P1 Wednesday 28 May 2025.

Industry rates for 2025–26

Industry Rates for the 2025–26 premium year are set out in Special Gazette No. S 275 which is published in the Victoria Government Gazette on Tuesday 3 June 2025.

Average premium rate for 2025–26

The average premium rate for 2025–26 is 1.8% of the state's rateable remuneration.

Key dates for 2025–26

Claims Statement available online – 4 May 2025

If employers reported claims between 1 January 2022 to 31 December 2024, they can access a WorkCover Insurance Claims Statement using Worksafe's Online Employer Services from 4 May 2025. This statement is only provided once a year and is used to calculate premium for the 2025–26 year.

Certificate of Currency

These are available now for the current and next financial year. To have a Certificate of Currency sent to you each year sign up for email delivery via WorkSafe's Online Employer Services.

Buying out your excess

Employers have until 1 August 2025 to take up the excess buy-out option.

Updating your premium

Employers can review or update their Estimate of Rateable Remuneration for 2025–26 from now and can also pay their premium online based on their updated remuneration using WorkSafe's Online Employer Services.

Submissions received before 30 June 2025 will be reflected in renewal notifications.

Premium Renewal Notices

Employers can access their 2025–26 Premium Renewal notifications online using WorkSafe's Online Employer Services from 11 July 2025.

2025–26 Premium due dates

• 5% discount due date – 19 August 2025
• 3% discount due date – 1 October 2025
• First premium instalment (for monthly or quarterly plans) – 1 October 2025
  • Quarterly due dates: 1 October 2025, 1 December 2025, 1 March 2025 and 1 June 2026
  • Monthly due dates: 1st of every month commencing on 1 October 2025
• Annual premium due date (without discount) – 1 November 2025

Dates for certifying your 2025–26 remuneration

The due date for certifying remuneration is stated in an employer's renewal pack.

• 25 October 2025 (for large employers)
• 21 March 2026 (for small employers)

Other key dates

Other key dates and parameters for WorkSafe insurance premiums in the 2025-26 Premiums Order:

• Claims Reporting Period - 1 January 2022 to 31 December 2024
• Remuneration Experience Period - 1 July 2021 – 30 June 2024
• Minimum premium - $380 (plus GST)
• Maximum claims cost for an individual claim - $501,200
• Maximum legal costs for an individual claim - $93,800
• Maximum recovery - for an individual claim allocated to an employers' performance calculation - $501,200