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Maximum Weekly Benefits Under Workers Compensation: How Payments Are Indexed and What the Caps Mean
Workers compensation weekly payments in NSW are subject to caps that change every six months through indexation. Understanding how the different tiers and thresholds work is essential for anyone assessing past or future weekly benefits.
DB Forensic
Jun 293 min read
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Workers Compensation Death Benefits in NSW: What Dependants Are Entitled To
When a worker dies as a result of a workplace injury or dust disease, NSW legislation provides specific death benefits to their dependants. These include an indexed lump sum and weekly payments, and the amounts in force at the date of death are critically important.
DB Forensic
Jun 253 min read
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Present Day Value vs Actual Value: Two Approaches to Fund Management Costs Explained
Following Gray v Richards, two methodologies have developed for calculating fund management costs in personal injury matters. The Present Day Value and Actual Value approaches can produce materially different results, and understanding both is important for legal teams and their clients.
DB Forensic
Jun 223 min read
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The Cost of Fund Management: Why a Large Compensation Award Isn't Worth Its Face Value
A large personal injury award placed under formal management will attract significant ongoing fees. The cost of fund management is a recognised head of damage that can add hundreds of thousands of dollars to a claim and must be carefully calculated.
DB Forensic
Jun 183 min read
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How a Lump Sum Compensation Award Is Affected by Life Expectancy
A lump sum compensation award is not simply a weekly loss figure multiplied by the number of years remaining. Life expectancy determines the period over which future losses are projected, and small differences in that period can produce large differences in the final award.
DB Forensic
Jun 153 min read
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