Recent compliance activity has shown that regulators may review employer records going back several years, including whether appropriate cover was in place.
Why this matters
Workers compensation is a legal requirement for most businesses that employ staff, including part-time and casual employees.
If cover is missing or incorrect, it can result in:
- Significant backdated premiums
- Penalties and interest
- Exposure to uninsured claims
- Increased scrutiny from regulators
What you should review
Now is a good time to check:
- ✔ Do you currently have workers compensation insurance in place?
- ✔ Has your cover been continuous in prior years?
- ✔ Do your wage declarations match your payroll records?
- ✔ Have all payments (including super, allowances, and benefits) been included?
Common risk areas
We often see issues where:
- Businesses use a mix of employees and contractors
- Contractors may actually be treated as employees for insurance purposes
- Payroll has grown quickly or changed over time
- Business structures have changed
Tip
Even if you think everything is in order, it’s worth doing a quick review now. Fixing issues early is far easier than dealing with them during a review.
How we can help
We can:
- Review your payroll and reporting
- Identify any potential gaps or risks
- Help you take corrective action if needed
If you employ staff, get in touch and we can help you check your position.
Date published 27 Mar 2026 | Last updated 27 Mar 2026
