N.S.W. INCREASES RATES OF ACCIDENT INSURANCE.
By Telegraph.—Press Assn.—Copyright. Aus. and N.Z. Cable Association. SYDNEY, June 22. The schedule of rates for insurance under the Workers’ Compensation Act which comes into operation on July 1, shows an increase of 150 per cent over tne old rates, plus forty shillings per cent for sickness. In the case of builders’ employees, the rates are increased from 30 to 115 shillings per cent. Cler? cal workers' rates are increased from 2s 6d to 46s 3d, printers 13s 6d to 73s 6d The rates for other employments are correspondingly increased. A prominent master builder states that the increased liability will place an additional burden of £250,000 annually on the builders. A workman’s home at present costing £BOO will in future cost about £B2O.
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Bibliographic details
Star (Christchurch), Issue 17880, 23 June 1926, Page 15
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129N.S.W. INCREASES RATES OF ACCIDENT INSURANCE. Star (Christchurch), Issue 17880, 23 June 1926, Page 15
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