Hospitality Insurance Online :: News
SHARE

Share this news item!

Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers

What the premium hold means for labour costs, compliance and broader cover planning

Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Queensland trade businesses have received a welcome measure of cost certainty, with WorkCover Queensland’s average premium rate to remain unchanged for the 2026-27 financial year.
The rate will stay at $1.343 per $100 of wages, marking the second consecutive year without an increase.

For builders, electricians, plumbers, landscapers, maintenance contractors and other trade employers, the decision matters because workers compensation is one of the unavoidable costs of operating with staff. While the freeze does not remove the pressure of wages, materials, fuel, vehicle expenses and other insurance premiums, it does give Queensland employers a clearer baseline for budgeting into the new financial year.

The announcement also comes with a stronger compliance message. The Queensland Government has pointed to continued action against workers compensation fraud, including recent prosecutions and recoveries. For legitimate employers, that focus is designed to help protect the scheme from unfair costs that can ultimately flow back into premium settings.

There is also a targeted change for the contract cleaning sector, with the portable long service leave levy set to fall from 0.75 per cent to 0.5 per cent of ordinary wages from 1 July 2026. That reduction will be particularly relevant for cleaning contractors operating with payroll-heavy business models, where even small percentage changes can affect cash flow.

Tradies should still avoid treating the premium freeze as a reason to put insurance on autopilot. Workers compensation sits alongside, rather than replaces, other protection a trade business may need. Depending on the work performed, that can include public liability, tools and equipment cover, commercial motor insurance, contract works insurance and income protection arrangements for owners who are not treated as workers under the scheme.

Practical steps for Queensland trade businesses include:

  • checking wage estimates before renewal so premiums reflect current staffing levels;
  • reviewing contractor arrangements, especially where labour-hire, apprentices or subcontractors are involved;
  • keeping safety systems, incident records and return-to-work processes up to date;
  • using the premium freeze as an opportunity to compare cover options across the rest of the business.

For sole traders and small trade operators, the key takeaway is simple: one stable premium does not mean the overall risk environment has eased. The best approach is to treat the WorkCover decision as a budgeting advantage, then speak with brokers or insurance specialists about whether the rest of your cover still matches your contracts, tools, vehicles, employees and income risk.

Published:Monday, 29th Jun 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers
Queensland WorkCover Freeze Offers Breathing Room for Tradie Employers
29 Jun 2026: Paige Estritori
Queensland trade businesses have received a welcome measure of cost certainty, with WorkCover Queensland’s average premium rate to remain unchanged for the 2026-27 financial year. The rate will stay at $1.343 per $100 of wages, marking the second consecutive year without an increase. - read more
AI Risk Is Moving From IT Teams to the Boardroom
AI Risk Is Moving From IT Teams to the Boardroom
29 Jun 2026: Paige Estritori
Artificial intelligence is no longer a side project for technology teams. Fresh industry reporting on Clyde & Co’s Corporate Risk Radar 2026 points to a sharp rise in concern among business leaders, with technology risk now being treated as a core governance, regulatory and reputational issue. For Australian consultants, advisers, designers, engineers, accountants, marketers and other professional service providers, that shift has direct implications for risk management and professional indemnity cover. - read more
Vero’s New Strata Product Signals a Shift in How Complex Risks Are Priced
Vero’s New Strata Product Signals a Shift in How Complex Risks Are Priced
29 Jun 2026: Paige Estritori
Vero has launched a new residential strata insurance product that could prove important for schemes finding it difficult to secure suitable cover, particularly in higher-risk northern markets. The product, introduced on 22 June 2026, is initially available in selected postcodes across Far North Queensland, from Bundaberg North, and Darwin, with a staged national rollout planned over the next year. - read more
AI Adoption Brings New Risk Questions for Office-Based SMEs
AI Adoption Brings New Risk Questions for Office-Based SMEs
29 Jun 2026: Paige Estritori
Artificial intelligence is quickly moving from experiment to everyday business tool, and a new global risk study suggests business leaders are starting to recognise the size of the shift. The latest Corporate Risk Radar research from Clyde & Co found technology risk has climbed sharply in the minds of senior decision-makers, with AI now linked not only to IT security but also governance, regulation, reputation and third-party dependency. - read more
Why Pre-Existing Medical Conditions Need Extra Attention Before You Travel
Why Pre-Existing Medical Conditions Need Extra Attention Before You Travel
28 Jun 2026: Paige Estritori
Australian travellers with pre-existing medical conditions have been given a timely reminder to look beyond price when arranging travel insurance, with recently updated consumer guidance placing renewed emphasis on disclosure, medical assessments and policy wording. - read more


Hospitality Insurance Articles

Why Tailored Insurance is Essential for Your Hospitality Business
Why Tailored Insurance is Essential for Your Hospitality Business
In the bustling world of hospitality, the right insurance can make all the difference for your business. Tailored insurance, as the name suggests, involves customising your insurance policy to meet the specific needs and risks associated with your industry. This personalised approach ensures that you are not overpaying for unnecessary coverage while also safeguarding your business against potential threats. - read more
Tips for Finding the Best Hospitality Insurance Coverage
Tips for Finding the Best Hospitality Insurance Coverage
Tailored insurance is a type of insurance policy that's specifically designed to meet the unique needs of a particular business or industry. Unlike one-size-fits-all policies, tailored insurance provides a more customized approach, ensuring that the coverage fits the specific risks and requirements of the business. - read more
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Hospitality insurance is a crucial component for businesses within the hospitality sector, offering coverage for a range of incidents that could potentially derail operations. It's designed to protect establishments like hotels, restaurants, and event venues from various risks such as liability claims, property damage, and interruption of services. - read more
What Hospitality Business Owners Need to Know About Income Protection Insurance
What Hospitality Business Owners Need to Know About Income Protection Insurance
The Australian hospitality industry is renowned for its vibrancy, yet it also faces significant challenges. With fluctuating demand, seasonal changes, and unpredictable external factors such as economic downturns and pandemics, hospitality businesses often operate in a high-risk environment. For hotel operators, the stakes are even higher due to substantial investments in property, staff, and customer service. - read more
Essential Insurance Types Every Cafe Owner Should Consider
Essential Insurance Types Every Cafe Owner Should Consider
Running a cafe is more than just serving delightful coffee and snacks; it's about creating an experience and ensuring that experience is safeguarded. While the hospitality industry can be incredibly rewarding, it's not without its risks. This is where the importance of insurance comes into play, acting as a crucial safety net for cafe owners. - read more

Knowledgebase
Insurance Policy Excess:
The amount you will have to contribute when you make a claim.