Trucking safety has improved over the past decade, but there’s still a need to protect truck drivers at work better. Heavy vehicles have been involved in fewer crash fatalities since 2003. That’s despite more freight movements (55%) and road freight volumes (51%) in that time, according to a national insurance body. However, the fatality rate for truck […]
Supply chain disruptions – shipping issues and computer chip shortages – mean there can be up to year-long delays in accessing new vehicles. It’s, therefore, important to keep your existing fleet well-maintained in the interim. In the long term, these practices will save your business money and unscheduled vehicle downtime. Research shows an optimised maintenance program (i.e. predictive and […]
Last year’s wetter and warmer weather than average could be a sign of things to come. And that trend is not just because Australian agriculture has endured three La Niña weather patterns in a row. Uncertainty and extremes are the themes for our country’s future climate and globally. Last month, the Intergovernmental Panel on Climate […]
According to the Australian Bureau of Statistics, in those industries with the highest rates of injuries, 43% are small business workers. They include construction, agriculture, mining, transport, manufacturing, and warehousing. But Australian small businesses can do more to minimise the risks of employees becoming injured at work. Those that adopt best practices enjoy these benefits: However, in its […]
Cyber crime is the #1 risk for the nation’s businesses, with an incident reported every seven minutes on average to the Australian Cyber Security Centre (ACSC). To quantify those risks, a University of NSW book, Cybercrime in Australia: 20 years of inaction, estimates it cost the Australian economy $42 billion in 2021. As well, cyber risks […]
Making an insurance claim, whether for stolen or damaged personal property, can be stressful. This article steps you through the process, so you’ll know how to claim. Understanding your policy You may have contents insurance for possessions you keep in your home and yard if you have one. This policy usually covers you for theft of goods […]
Owning a construction business means you have your hands full. Whether you’re a builder or a sub-contractor there’s a lot to oversee, do and manage. And then there’s the risk of a third-party being injured or their property damaged due to your work. That’s where public liability insurance comes in to protect your business. It’s […]
The past three years have been a whirlwind for hospitality businesses. While the pandemic seems to be on the wane, your business should still do everything reasonably practicable to reduce the risks of COVID-19’s spread, like keeping up to date on employers’ responsibilities via this Safe Work Australia website. Other, more inherent risks remain, though. A global […]
As of September last year, there were 251,000 short-term rentals registered across Australia, down from 400,000 pre-pandemic. However, not all short-term stays are registered. If you rent out your main residence, this article is for you. We’re sharing a swag of tips to help you manage your risks. Understanding property insurance To help protect your home from […]
Cyber security is a top risk management concern for Australian businesses, with eight in 10 organisations hit by ransomware. And research shows small businesses are likely to have poor security practices due to common misconceptions about the threat. It is such a hot issue that the Federal Government appointed the first Minister for Cyber Security in a G20 […]
