Section 151J — Workers Compensation Act 1987 (NSW)

Damages for future economic loss—discount rate

(1) For the purposes of an award of damages, the present value of future economic loss is to be qualified by adopting the prescribed discount rate.
(2) The prescribed discount rate is—
(a) a discount rate of the percentage prescribed by the regulations, or
(b) if no percentage is so prescribed, a discount rate of 5 per cent.
(3) Except as provided by this section, nothing in this section affects any other law relating to the discounting of sums awarded as damages.

Sourced from the New South Wales Legislation website at 8 June 2026. For the latest information on New South Wales Government legislation please go to https://www.legislation.nsw.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 151H — No damages unless permanent impairment of at least 15%
s 151I — Calculation of past and future loss of earnings
s 151IA — Retirement age
s 151L — Mitigation of damages
s 151M — Payment of interest
s 151N — Contributory negligence—generally

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