NSW is introducing compulsory latent defects insurance (LDI) for high-rise residential buildings in NSW from 2028. Find out how your construction company can keep compliant and what LDI cover offers.
A recent incident involving a plumber in Victoria has highlighted the issue of apprentice hazing or bastardisation. A plumber was fined $20,000 in October after being found guilty of driving with a 19-year-old apprentice locked inside a toolbox on the tray of a ute during a 20-minute trip. Meanwhile, in July, a company was fined $10,000 plus costs after […]
Independent contractors play a crucial role in various industries, offering specialised skills and services that are vital to the economy.
SMEs can optimise their risk management, earn discounts by policy packaging, save on claim time & more by using the expertise of a qualified insurance broker. Learn how your business could benefit.
Seasonality no longer needs to be a bugbear for Australian hospitality businesses. Find out how your SME can better manage the headwinds with these tips for inventory, staffing, and cash flow.
Only one in five Australians who have experienced sexual harassment at work make an official complaint about the behaviour. But, thanks to Respect@Work laws, the onus on dealing with those and related issues has shifted more to employers. Prevention is key, but so is dealing with such claims appropriately. Those laws mean that since December, […]
Supply chain risk management is the top area for Australian businesses to improve upon, according to a recent survey by the Australian Securities and Investments Commission. Alarmingly, the survey found 44% of companies surveyed were not doing anything to manage supply chain or third-party risks. In this article, we’ll explain how to audit your business for supply chain […]
Increasing claim numbers, the pandemic, cyberattacks and natural disasters are some of the reasons directors’ and officers’ liability (D&O) insurance premiums are rising. Another is less competition, as six insurers decided in the past year to no longer offer this cover. However, premiums were on an upward trajectory even before the pandemic began. D&O insurance […]
On average, one in five Australian small businesses have been party to a dispute, with most of them experiencing financial loss, according to a government report. As well, small-to-medium-sized enterprises are at risk of unfair dismissal claims, with the Fair Work Commission listing at times with hefty costs. Work-related injury and diseases cost Australian companies $61.8 billion annually, says […]
