Workcover NSW is part of the Safety, Return to Work and Support Division (SRWSD) of the New South Wales state government. It is responsible for the determination of the general policy and strategic direction of not only Workcover NSW but also the Motor Accidents Authority of NSW and the Lifetime Care and Support Authority of NSW. In many ways, Workcover NSW could be considered the peak regulatory body in the department of workplace health and safety, under the model of Safe Work Australia.

The decision-making body that directs Workcover NSW is comprised of four other amalgamated boards previously active in New South Wales’ safety management. Their role is to determine the future investment policies for a number of funds that fall under Workcover NSW’s mandate. On top of that role, Workcover NSW aims to improve the state’s economic competitiveness by enhancing productive health and safety practices in workplaces.