It’s worth paying attention to the issues between China and Taiwan, particularly if you operate a business in Australia. Self-governed for 70 years, Taiwan has the globe’s 21st biggest economy and is home to almost 24 million people. It has about two-thirds of the globe’s market in semiconductor manufacturing, i.e. computer chips, which are essential for […]
According to Safe Work Australia, Australia’s manufacturing sector records 9.1 serious accident claims per million hours worked in 2019-20. That’s about 17 serious claims per thousand employees. In the year to 25 August, seven Australian manufacturing employees died in work accidents. This article includes an overview of the most common workplace accidents, how to minimise the human […]
Deepfakes can wreak havoc on your business reputation and expose you to fraud, identity theft, hoaxes, ridicule, harassment, and more, according to the eSafety Commissioner. So, what are deepfakes, and what can you do to combat them? Deepfakes: digital puppetry The term ‘deepfake’ was coined in 2017. It involves using artificial intelligence to replace a person’s […]
Over the past two decades, Australian summers have lengthened by 50% thanks to climate change, according to the Australia Institute. And, since 1910, when records began our climate has increased on average by 1.44oC, says the CSIRO. As such, now’s the time to review your pre-summer and summer risk management strategies. Refresh and update your practices to keep […]
About eight in 10 Australian homes are underinsured, according to (ASIC) Australian Securities and Investments Commission. As well, 11% of householders have no building insurance, and 23% have neither building nor contents insurance. If you’re in any of those categories, here’s an update on what risks you face and how you can better protect what’s usually your key asset. […]
Since the start of the Russian-Ukraine War on February 24, Australia has felt the ripple effect on global shipping. Destroyed infrastructure and Ukraine’s ports under siege in the Black Sea mean countries that typically source commodities from there are looking elsewhere. Sanctions against Russia are also an indirect burden worldwide. Add to that supply chain […]
As a business, you may have obligations under the Privacy Act regarding how you handle your customers’ and employees’ information. Here’s your guide to understanding your obligations on managing a customer’s personal information. Which businesses have responsibilities under the Privacy Act? The Office of the Australian Information Commissioner (OAIC) details which type of businesses the act covers. […]
Professional services consultancy Deloitte has just issued its report on the top 10 risks shaping the future of mining across the world. The findings are similar to another report from its competitor KPMG. Those reports and other research pinpoint key challenges confronting Australia’s mining industry. They include processing low-grade ore, increasing depth, climate change and more rigorous social and environmental […]
Running a business can be stressful because it can feel like your work is never done. But the act of spring cleaning – tidying and organising your digital and physical environment – can offer a timely reprieve. Upgrade/tidy up your website Be sure to check all of your website links as would-be customers will go […]
If you’re weighing up the pros and cons of buying property in 2022, then be sure to do your due diligence in risk analysis. We note that your circumstances are unique, and we don’t offer financial investment advice – that’s not our line of business as your insurance broker. Below we offer some research from […]
