Visit any worksite and at least one tradie will be able to regale a yarn of a time they had their tools nicked from the back of the ute, swiped on-site or mistakenly carried off by a contractor. Stolen tools are more than a mere inconvenience – as well as shouldering the replacement costs, [...]

Building defects are a common issue many investors and homeowners face. In fact, as many as 85 per cent of new strata properties have defects. Some building flaws may seem trivial or superficial at first. But the reality is that if defects are not dealt with properly, a building can become uninsurable. So how [...]

Higher rental yields, longer leases and tax benefits are some of the many reasons commercial properties can make for appealing investments. But, as with any asset, there are risks. Many investors are taking a closer look at commercial property investments as residential property yields moderate across the country. So if you've taken the leap, [...]

In a stunning attack, in early 2021 one of the Northern Territory’s government’s IT systems was brought down by a ransomware attack, disabling the system for three weeks.  As this demonstrates, cyber criminals are becoming increasingly sophisticated and strident in the demands they make over the organisations they target. But there are steps business owners can [...]

In a stunning attack, in early 2021 one of the Northern Territory’s government’s IT systems was brought down by a ransomware attack, disabling the system for three weeks.  Reviewing your insurance is an “essential task” for your EOFY to-do list, the Australian government's business.gov.au website states. No doubt your to-do list is already pretty long, so we've put [...]

Sydney's violent hailstorm, which has left millions of dollars of damage in its wake, is a crucial reminder of how important it is to protect yourself against potentially crippling damage to your business. The incident, declared a 'catastrophe’ by the Insurance Council of Australia, led to more than 15,000 claims in the 18 hours after [...]

'Money makes the world go round', as they say. Which means if it stops flowing your business' way, there's a good chance your world could come to a standstill. Someone else's bad money management can become your problem too if you don't put precautionary measures in place. But you need to do so properly [...]

Insuring a farm can be a complicated business. We asked someone with a foot in the worlds of both agribusiness and insurance to provide some insights. In his early thirties, John Dunk stopped working on the farm that had been in his family for three generations and entered the insurance industry. He has now [...]

What's that saying about having all your eggs in one basket? Well, it carries a certain amount of truth when it comes to supplier arrangements – if you're heavily reliant on a single supplier you may be exposing your business to unnecessary risk. As governments start reviewing the process of businesses reopening again after [...]

Social media risks for businesses have increased since recent court cases found some Facebook page administrators of public pages are considered to be primary publishers of third-party comments. The cases, heard in the NSW Supreme Court of New South Wales, involved an individual who sued a range of media outlets regarding defamatory comments made about [...]