WorkSafe Victoria announces half-year financial results

The recently published half-yearly results reveal that WorkSafe Victoria's financial status is progressively improving.

The results show the Economic Insurance Result (EIR), the principal performance indicator for Victoria's workers compensation scheme, recorded a surplus of $650 million.

During the six-month period ending in December 2025, a net surplus after tax of $1.46 billion was primarily driven by investment returns that exceeded expectations and improved economic conditions.

The insurance funding ratio of WorkSafe, a vital metric for assessing the health of the scheme, has risen slightly to 115.9 percent, but it is still below the 120 percent benchmark considered necessary for long-term financial viability.

See full details here.