House of Assembly: Tuesday, November 01, 2016

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Workers Compensation Expenditure

In reply to Mr GARDNER (Morialta) (29 July 2016). (Estimates Committee A)

The Hon. S.E. CLOSE (Port Adelaide—Minister for Education and Child Development, Minister for Higher Education and Skills): I have been advised of the following:

The actuarial valuation of the workers compensation liability is undertaken by the Office for the Public Sector on an annual basis.

Following the actuarial valuation, a budget adjustment resulting in an increase in workers compensation expenditure in 2016-17 ($1.9 million) and across the forward estimates was processed.


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