Cybercrime costs the Australian economy $42 billion annually, says the University of NSW. It estimates just one-fifth of online crime is reported. The rise of cyber threats Last year, reports of cyber attacks such as ransomware, rose by 105% globally, but cyber experts don’t yet understand the reason for the upturn. It could have been due […]
Employment practices’ liabilities can be expensive, disruptive, and time-hungry to businesses. Claims are also rising. That’s because employment laws and regulations are complex and often change, so businesses can struggle to stay compliant. To help, we’ve compiled an update on the risks to your balance sheet and how to manage your practices more effectively. The risks of your […]
Aussie winters bring added challenges to managing the safety of your transport fleet. These include high winds, lashing rain, hail, fog, black ice on roads, fallen trees, and in some parts of the country, snow. Research shows that on some days, such bad weather can increase accident numbers by 20%. This article will help you initiate, or […]
Why Your Business Needs a Plan: The Importance of Continuity in 2022 If some of the more popular buzzwords of the past two years were “flexible work” and “hybrid business”, 2022’s might be more along the lines of consistency and continuity. Going into a third year of upheaval isn’t appealing and so smart businesses are creating plans to […]
As we’ve seen with the devastating northern NSW and Queensland floods – and costliest ever – earlier this year, a one-in-1,000-year flood doesn’t only occur every millennium. Despite the minuscule 0.1% chance of that type of flood happening in any location any year, it can occur in two consecutive years, says Weatherzone. That’s what the town of Lismore has endured already this […]
Landlords’ offers of rent reductions, rent-free periods, or fit-out contributions are handy sweeteners for SMEs looking to sign commercial leases. But these may be waning, with SMEs looking to lease 300sqm the lease most in demand across many sectors. Ensure your business follows these due diligence tips before signing a lease in this fluid environment. Permitted use […]
The Australian Work Health and Safety Strategy has called on the manufacturing sector to reduce its rates of fatalities and serious claims. This is an industry with the eighth-highest fatality rate and second-highest serious claim frequency rate in Australia – more than nine claims per million hours worked in 2019-20. The main cause of fatalities and injuries […]
Fleet managers have had a rough ride over the past couple of years. Supply chain issues have delayed parts deliveries and increased wait times for new vehicles. Globally,125M vehicles that were scheduled to be built since January haven’t rolled off production lines, says the Australasian Fleet Managers’ Association. However, there’s still plenty that fleet managers can control – […]
Understanding the difference between an independent contractor and an employee is a problematic area of employment and related laws. The official business.gov.au website defines independent contractors as their own bosses, so they work for themselves. Meanwhile, employees work in your business, and you pay them a wage and control how, where and when they do their work […]
Fraudsters tend to keep a step ahead of everyone. If you think you understand the problem of fraud and economic crime now, you may see it change by June due to the pandemic’s impact. That’s a finding from the Australian Institute of Criminology‘s report on fraud and its relationship to pandemic and economic crises. It says […]
