Following changes to the Comcare legislation, the Federal Howard Government allowed for and encouraged national companies to apply for self-insurance under the commonwealth scheme. Once they were granted self-insurer status, they came under both the commonwealth workers compensation and occupational health legislation.
NOTE: Government moratorium on new companies joining the Comcare Scheme
On 11 December 2007, the then Minister for Education, Employment and Workplace Relations, the Hon Julia Gillard MP, announced that: 'the Rudd Government has placed a moratorium on new applications from private corporations wanting to move to the Comcare workers' compensation scheme'.
The media release added that: 'companies that have already been declared eligible to apply for a self-insurance licence by the previous Liberal government will not be affected by the moratorium'.
In accordance with this policy the SRCC will continue to consider licence applications from corporations that have been declared eligible to apply for a licence, but no more will be considered for the time being. The moratorium is still in place.
Companies currently in the Comcare system as self-insurers
There are currently 29 licensees under the SRC Act
- Asciano (Formerly Pacific National (ACT) Limited)
- Australian air Express Pty Ltd
- Australian Postal Corporation
- Avanteos Pty Ltd
- BIS Industries Ltd
- Border Express Pty Ltd
- Chubb Security Services Ltd
- Colonial First State Property Management Pty Ltd
- Colonial Services Pty Ltd
- Commonwealth Bank of Australia Ltd
- Commonwealth Insurance Ltd
- Commonwealth Securities Ltd
- CSL Ltd
- Fleetmaster Services Pty Ltd
- John Holland Group Pty Ltd
- John Holland Pty Ltd
- John Holland Rail Pty Ltd
- K&S Freighters Pty Ltd
- Linfox Australia Pty Ltd
- Linfox Armaguard Pty Ltd
- National Australia Bank Ltd
- National Wealth Management Services Ltd trading as MLC
- Optus Administration Pty Ltd
- Reserve Bank of Australia
- Telstra Corporation Ltd
- Thales Australia (formerly ADI Ltd)
- TNT Australia Pty Ltd
- Transpacific Industries Pty Ltd
- Visionstream Pty Ltd
February 2011.