As a small business owner, you might be overwhelmed working out what your risks are, how to deal with them, and which need insurance coverage. Even the Australian Small Business and Family Enterprise Ombudsman has weighed into the issue. Earlier...
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Would your automotive business be able to handle these common insurance claims? According to a range of automotive industry sources, the top claims are for: Business interruption, including when a business must close or slash operations due to...
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Farming can be risky, rewarding, yet dynamic. Since the year 2000, Australian farms have undergone significant changes. Dairy farms have moved from pasture-based to intensive feeding systems, sheep numbers have shrunk, the beef industry is more...
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Lithium-ion batteries are becoming dominant in Australia and around the world as a rechargeable battery technology. Global demand for lithium batteries is expected to reach up to $151 billion by 2030. In Australia, nine out of ten people have a...
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Navigating insurance options as a sole trader, separating fact from fiction is crucial. Common misconceptions obscure the necessity of insurance – is it optional or essential? This article debunks the top 4 myths to help you manage risks and...
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Is the housing shortage good or bad news for small-to-medium-sized (SME) businesses in Australia? A recent report predicts housing supply will hit a decade low by 2026, meaning fewer homes to own or rent. This shortage comes as Australia expects...
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Business travel will stay strong in 2024, with sectors like manufacturing, healthcare, mining, oil and gas, professional services, and construction driving the boost. McKinsey predicts corporate travel to hit 80% of pre-pandemic levels this year...
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Australian businesses are getting smarter about managing cyber risks. Learning more about ransomware and improving their defences against cyberattacks are paying off, according to a recent industry survey by consultancy CyberCX. It found ransom...
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Next-Gen Endpoint Protection for SMBs Cyber threats are evolving faster than ever before, and SMBs face a tough challenge today. With fewer resources compared to big companies, they become prime targets for cyberattacks. As threats get smarter...
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Here are the top five insurance claims Australian SMEs make, according to insurers. #1 Claim: Theft Theft and burglary are the top claims. Consider these tactics to minimise your risk of theft: Install webcam security, including motion sensor...
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Are you an SME? Optimise your insurance coverage using an insurance broker or adviser’s expertise. The Great Insurance Squeeze Insurance premiums have increased 16.2% over the past year. More extreme weather events, hikes to building...
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Globally, a cyber breach to professional services businesses cost an average AU$6.77 M per company in 2023 – and it takes businesses from all sectors an average of 204 days to identify the breach, then another 73 days to contain it. If...
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