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Q3 2025 results


87.9%

87.9% Return to work at 100% pre-injury earnings within 12 months*

In Q3, 87.9 per cent of people with workplace injuries or illnesses returned to work with no wage loss within 12 months.

96% decisions made within 10 business days 76% claims paid within 15 days

Service timeliness

The faster a decision is made to allow a claim, the faster we can start actively helping the person who is injured or ill recover and return to work. In Q3, time to first decision for lost-time claims was 96 per cent, meeting our target.

Time to first payment was 76 per cent, below our target.


2%

Registered claim volume*

There were 48,711 total registered Schedule 1 claims in Q3 2025 – two per cent lower than Q3 2024. 17,494 claims were lost-time claims, two per cent lower than Q3 2024.

32%

Appeals total allowance rate

32 per cent of appeals resulted in overturned decisions, within our expected range of 26 to 33 per cent.


60.7%

Average composite duration in days*

Durations measure the time that claims continue to require benefits. Average composite durations in Q3 2025 increased by 0.1 days from Q2 2025.

117.1%

Sufficiency Ratio

The Sufficiency Ratio was 117.1 per cent at the end of Q3 2025.


$6.08 billion in reserve

Net assets

Net assets on a sufficiency ratio basis increased from Q2 2025.


*Schedule 1 only

We’ve included COVID-19 claims registered in 2025 and beyond in all measures, as COVID-19 claim volumes have normalized and become part of regular volumes. COVID-19 claims were also added to previous year's results for comparison purposes.

See a glossary of terms used in our reporting.

Past results

Please contact us at [email protected] for all quarterly results from Q1 2022 onwards or if you have questions about our corporate reporting.

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