Renovating or decluttering your home, or a change in circumstances, could introduce risks that your insurance policy may or may not cover. Plus, insurers may tweak the fine print of their policies due to changes in risks and the insurance market. This article explains when and how to review and update your policy to ensure the coverage […]
Chances are your business is organising an event for the upcoming festivities. As an employer, your duty of care remains the same even at work Christmas parties. Legally, it’s still ‘work’ and even if the party venue isn’t your premises, it’s considered a ‘workplace’. This may even be the case if you, as the employer, […]
If you’re among the one in seven Australians who own a residential investment property, it’s useful to know the most common claims landlords make on their insurance. This article explains the risks and how you can better manage them to minimise your chances of needing to claim on your policy. Loss of rent In the six months […]
It’s official. The disruptive La Niña weather pattern has returned on the tail of two others, according to the Bureau of Meteorology (the BoM). It tends to bring cooler, wetter weather and often floods. During spring and summer, expect to see this pattern delivering above-average rainfall for Australia’s east and north. The BoM’s modelling indicates the peak […]
Emissions targets for farmers are no longer a guessing game. The Albanese Federal Government announced in June Australia is to cut 43% emissions by 2030 with 2005 as the baseline. The big target is to reach net-zero emissions by 2050, which the National Farmers’ Federation supports. The Climate Change Bill passed the Senate on 13 September and […]
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. […]
