National Retail Group Says 42 Percent Increase to Workcover a ‘Bitter Pill to Swallow’

National Retail Group Says 42 Percent Increase to Workcover a ‘Bitter Pill to Swallow’
A general view of indoor diners at a restaurant on Chapel Street in Melbourne, Australia on Oct. 22, 2021. Asanka Ratnayake/Getty Images
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Australia’s peak retail body, the Australian Retail Association, says an increase in WorkCover premiums is the last thing businesses need amid rising inflation and a crime wave targeting small businesses.

On May 19, the Victorian Labor government announced a 42 percent increase to the Workcover premium paid by the state’s businesses into joint funds used to cover employee injuries and insurance claims.

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