Licence fee units
Understand how WorkSafe calculates the cost of licences.
Licence costs are created from standard 'fee units'
Fee unit is a dollar amount defined in the Monetary Units Act 2004.
They are used to calculate certain statutory fees. The dollar amount of a fee unit is fixed for each financial year. A fee is calculated by multiplying the fee units prescribed in the Regulations by the current value of a fee unit. The amount of the calculated fee may be rounded to the nearest 5 or 10 cents.
The value of a fee unit for the 2025/2026 financial year was $16.81. The value of a fee unit for the 2026/2027 financial year is $17.27.