Key outcomes from the 16 March 2023 Seacare Authority meeting
28 April 2023
The Seacare Authority met in Canberra on 16 March 2023. The key outcomes of the meeting are set out in this news item.
Seacare scheme matters
The Seacare Authority considered ongoing issues relating to scheme viability, coverage and the insurance market for scheme employers under the Seafarers Act.
Members noted an update from the Department of Employment and Workplace Relations on the review of the Seacare scheme, and that the Government is considering options to address issues raised through the review.
Strategic risk management
The Seacare Authority considers its strategic risk register at each of its regular meetings, with a particular focus on the risk that the scheme may become unviable.
Members considered the impact of the insurance issues on the viability of the scheme, and the progress against actions taken to ensure the continued viability of the scheme.
The next meeting of the Seacare Authority will be held in Melbourne on 22 June 2023.