Overview

• The Public Accountability and Works Committee voted to keep Treasurer Daniel Mookhey’s proposed reforms under indefinite inquiry after two days of hearings.
• NSW Treasury secretary Michael Coutts-Trotter warned the scheme’s five-year liability would be $2.6 billion worse without changes and could swell to $14.6 billion by 2032 without premium boosts.
• Independent MP Mark Latham withdrew support over disputes on retrospective amendments and questioned the absence of immediate savings.
• Draft laws would raise the weekly payment threshold for mental injury benefits to 31 per cent whole-person impairment, limiting long-term support for psychologically injured workers.
• The government argues urgent reform is needed to curb rising psychological payouts and aims to finalise the overhaul before the June 26 state budget.