Do I need Workers compensation insurance?
In NSW, it is compulsory to have a workers compensation policy if:
- You engage workers or contractors deemed to be workers and pay, or expect to pay, more than $7,500 a year in wages, or
- You engage apprentices or trainees, or you are a member of a Group for workers compensation purposes.
For more details on the status of workers for workers compensation insurance, please visit the WorkCover NSW website.