Last month, the Bureau of Meteorology announced the start of an El Niño weather pattern. Our country can, therefore, expect warmer and drier conditions for the next three months at least. What does that mean for you, your assets, and insurance? Factors influencing bushfires this summer We’re unlikely to see a repeat of the Black […]
Australia has about three million rental homes and about 1.7 million landlords, according to University of Sydney research . About one in three landlords own more than one property. But despite their numbers, plenty of misconceptions abound about landlord insurance. This article covers the main four ones. Not tenanted? You should still insure it Typically, a landlord policy will […]
It’s less than a year since OpenAI released its (general) artificial intelligence (AI) app, ChatGPT. Since then, it and its alternatives, have transformed how we do business. Such tech is known as generative AI, a form of machine learning. Trained on a vast database of natural language, it can create content, such as text, code, audio, images, […]
Did you hear about the Tradies’ National Health Month in August? It highlighted plenty of strategies and tips on this important topic to use year-round to protect the tradies in your midst and your business. Top risks tradies face St John Ambulance has a handy definition for tradies, saying they include technicians, trade workers, labourers, machinery operators, and […]
How does your business feel about artificial intelligence (AI)? Is it a friend, foe, or both, particularly when it comes to cybersecurity? A recent Australian conference heard SMEs need to embrace AI or be left behind. Workday’s Global Study of AI in business found that nine out of 10 businesses they surveyed used this technology to manage people, […]
In a perfect world, your work vehicles would always be available when needed. However, business owners know that’s never the case. But the budget that small-to-medium-sized businesses allocate for downtime is just one- eighth of what’s typically needed. Here are our tips so your business can improve the time vehicles are ready for operation. Tip […]
Disease can take a huge toll on your livestock and farming operations. But did you know that on-farm strategies to prevent endemic diseases are inconsistent throughout Australia, particularly for cattle graziers? This article is your guide to risk management for livestock disease, not just for cattle. The increasing susceptibility to diseases Increasing trade and transport networks across […]
The cost of living has been a struggle for Australian businesses and households. Added to this, expect home insurance to rise, typically by about 10%. We’ll share our tips on reducing the hit to your hip pocket, while still ensuring appropriate coverage. Why premiums are increasing The cost of claims is increasing both in terms […]
Resilience skills help businesses in crises, such as during the pandemic, but also outside of those times. Resilience is being able to evaluate, identify, and address challenges as swiftly as possible to achieve a good outcome. It’s good to know Australian SMEs have more support to deal with whatever disaster lands their way. Govt invests […]
With spring around the corner, it’s a great opportunity to start spring cleaning for your business. Evaluating your operations at the start of the second quarter allows you to tweak and transform in ways that may pay off for the rest of the financial year. Tip #1: Review your inventory With supply chain disruptions continuing, […]
