Consultation Regulation Impact Statement – Standing Council on Federal Financial Relations
On 5 March 2015 the Consultation Regulation Impact Statement (RIS) for the National Injury Insurance Scheme (NIIS) on workplace accidents was released.
The NIIS is intended to complement the National Disability Insurance Scheme (NDIS) by providing lifetime care and support for individuals catastrophically injured in motor vehicle accidents, workplace accidents, medical treatment injury and general accidents (occurring in the home or community).
The proposed NIIS seeks to reduce duplication between the NIIS and NDIS and provide coverage to workers aged 65 and over at the time of their accident.
The Consultation RIS was prepared by the Standing Council on Federal Financial Relations and assessed as compliant with the Council of Australian Governments (COAG) RIS guidelines by the Office of Best Practice Regulation.