WorkCover Queensland's target premium rate holds steady for 2025–26
20 June 2025
In good news for Queensland businesses, there will be no increase to WorkCover Queensland's target average net premium rate for the 2025–26 financial year.
The rate will stay at $1.343 per $100 of wages, after discounts, continuing to offer exceptional value for Queensland businesses while maintaining an important safety net for injured workers across the state.
As a government-owned and self-funded insurer, WorkCover Queensland continues to deliver one of the lowest average premium rates in Australia. It also supports a high return-to-work rate, helping nine in 10 Queenslanders injured at work to get back after an injury.
You can read more about the decision to hold the rate here.
Employer premiums and industry rates
The premium rate applied to individual employers is dependent on their wages, claims performance and that of their industry.
Employers can visit our website to learn how their premium is calculated and what steps they can take to reduce their premium. Queensland businesses can also see how their claims performance compares to their industry on WorkCover Connect.
The 2025–26 WorkCover Industry Classifications have now been gazetted and are available here (PDF, 0.49 MB).
Influencing your premium
Employers can influence their individual premium rate by:
- Supporting early return to work: The sooner an injured worker returns to work safely doing suitable duties, the lower the claims costs and impact on premium.
- Improving workplace safety: Fewer injuries mean lower claims costs and premiums. Employers can register for the Injury Prevention and Management (IPaM) program, delivered with the Office of Industrial Relations, to receive free, tailored safety and injury management advice.
- Paying early: Taking advantage of WorkCover’s early payment discount.
Employers can renew their Accident Insurance policy by declaring wages and paying their premium between 1 July and 30 September.