EOFY Check-Up: Your WHS & HR Essentials Before You Close the Books

Storme Paes
Jun 16
2 min read

As the financial year draws to a close, most businesses are focused on numbers — reconciling accounts, finalising tax returns, and reviewing performance. But EOFY isn’t just about the financials.

It’s also the perfect time to audit your Workplace Health & Safety (WHS) and Human Resources (HR) practices.

If you're in construction, manufacturing, or a professional services firm, here’s your EOFY checklist to stay compliant, reduce risk, and set the tone for a smoother year ahead.

WHS: What Needs Reviewing Before June 30?

1. Safety Management System Health Check

Are your policies still aligned with current WHS legislation?
Has your SWMS library been updated for any new tasks or equipment?
Are safety inspections, incident reports and risk assessments up to date?

2. Staff Training & Licences

Have all staff completed their required safety training or refreshers?
Are any high-risk licences or white cards due to expire?
Is your training register current and accessible?

3. PPE & Equipment Maintenance

Conduct a stocktake: what needs replacing?
Ensure all plant/equipment maintenance logs are current.

4. Contractor Compliance

Are you holding up-to-date insurances, licences, and SWMS from all subcontractors?
Is your induction process consistent across all job sites?

HR: Start July 1 With No Loose Ends

1. Review Employment Contracts & Awards

Are staff classified correctly under the relevant Awards?
Do contracts reflect up-to-date terms, pay, and entitlements?

2. Leave & TOIL Reconciliation

Have all leave balances been reconciled?
Is your TOIL process documented and in line with your policy?

3. Performance Reviews & Training Plans

Use EOFY to finalise or schedule mid-year reviews.
Identify training needs aligned with next year’s business goals.

4. Casual Conversion Obligations

Are there any eligible casuals due for conversion?
Have you issued the Casual Employment Information Statement?

EOFY Means Paperwork — But Also Opportunity

The end of financial year is a natural point to pause and reset. Instead of racing to get through compliance tasks, use it to your advantage:

Streamline your systems
Eliminate legacy processes
Get ahead of regulatory changes (like the Right to Disconnect and wage theft laws coming into effect)