10% discount for contingencies.

December 19, 2017

 

In Mills v BHP Coal Pty Ltd [2017] QSC 184 a 55 year old worker who was injured and 58 as at trial, received damages for future lost earning capacity to age 67 (plus*) discounted by 10%, given his age and job security,

 

An extra allowance was made for working to age 70.

 

It is a reminder not to automatically use a 15% discount factor where the circumstances warrant a 10% discount instead.

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