More than 700 federal, state and territory laws apply to business owners, directors and managers when things go pear-shaped in their organisations. That means you, as a business owner, could be held personally liable. Your business could risk financial devastation through costs, fines, and settlement payouts. It’s a risk that could involve your personal assets, such […]
Since early 2020, you’ve probably focused on managing COVID risks for your business. But has that blinkered you from tackling other risks and building resilience? If so, you’re not alone. According to software platform Dataminr’s survey, Australian businesses’ biggest distractions for this year are: COVID (67%) Staffing (45%) Supply chain (40%) Cyber crime (40%) Climate change […]
Economic uncertainty may have prompted you to reduce, change or cancel your business interruption insurance. That’s a natural reaction in these uncertain times. However, as your broker/advisor, we’re mindful of how that could impact your business and possibly come back to bite you. You’d know this essential cover replaces the business income you lose in […]
In the wake of the second La Niña weather pattern in a row and a fair chance of another one in the wings, how can farmers improve their pasture growth over winter? If your pasture growth rates have been lacklustre this autumn, try boosting them by following these tips. Grazing management Agriculture Victoria suggests these options: Grazing. […]
Are you sure you’re up to date on your responsibilities as an employer to limit the spread of the COVID-19 virus in your workplace? In this, the third year of living with the pandemic, beware of what the World Health Organisation calls the ‘infodemic’ – an overwhelm of false and misleading information. We’ll aim to cut through […]
Property investor numbers are at a record high, according to the Australian Bureau of Statistics. In January, new investor housing loan commitments rose more than six percent to $11 billion seasonally adjusted. Across the country, rents are up, with the average house costing $520 weekly. Up to a fifth of Australian adults are landlords like you, according […]
With commercial property landlords enjoying returns of up to 12%, it makes sense there would be more risks and work involved. We’re talking about commercial properties such as office suites, shops, factories, warehouses, restaurants or hospitality venues, even car parks, etc. Exposed to economic changes The landscape for commercial leasing is changing due to the […]
The pandemic has impacted businesses globally and across all sectors. So, it pays to review your insurance policies to make sure you’re only paying for what you need right now. Could your business pay smaller premiums yet still be adequately covered? This article guides you on how to ensure your business insurance is on the […]
