Is your business really ready for the next flood?

November 8th, 2022|Latest News|

The 2021 March floods that hit the eastern seaboard bring home how important it is to be prepared for a flood, especially if your business premises are located in an area that is prone to flooding. Steadfast Group’s executive general manager - corporate development, Martyn Thompson, says a visit to the local council’s web [...]

What does landlord insurance cover?

November 8th, 2022|Latest News|

Imagine investing in a house or an apartment, only to find your tenant only pays the bond and a few weeks rent. This was the case with a couple of ‘toxic tenants’ from Western Australia, with a history of signing a lease and then working the system by staying at a property but not paying rent [...]

What the EU’s GDPR means for Australian SMEs

November 8th, 2022|Latest News|

The local and international rules around data protection were tightened up in the first half of 2018. As businesses are discovering, it’s now a whole new ball game Though few appreciated it at the time, businesses enjoyed a long era of light-touch regulation around how they stored customers’ and employees’ data and what they [...]

Insurance fraud: what is it and what are its implications?

November 8th, 2022|Latest News|

Insurance fraud comes in a few different shapes and sizes. Some types of fraud are done on purpose, some types involve small lies that may seem like they won’t matter, and some are committed without the person committing them even realising. “The cost of insurance fraud each year is big — it’s [...]

What to do when a business liquidation affects you

November 8th, 2022|Latest News|

The ease of setting up an internet business also makes it easy for some companies to be a less than reliable online provider, as seen by the December collapse of travel provider Bestjet. Here's what to do if you click “purchase” online and then never receive what you were promised. The Bestjet collapse, which has [...]

Bushfires and business interruption

November 8th, 2022|Latest News|

Some insurers have already started to pay claims to bushfire-affected businesses on the NSW South Coast, as their business interruption insurance policy provides for weekly payments. Having this support has been important for affected firms to stay in business. It allows them to maintain their cash flow and pay regular outgoings such as rent and wages. [...]

What to expect this financial year

November 8th, 2022|Latest News|

Sensible businesspeople try to avoid being blindsided by political events, technological changes or shifts in consumer behaviour. Here’s what they should be paying attention to for the next 12 months  Michael McQueen is one of the nation’s pre-eminent trend-forecasters and has a client list that includes AMP, Optus, Toyota and Westpac. Here are three [...]

Risk mitigation with surveillance devices: insurance impacts

November 8th, 2022|Latest News|

Almost every day, news sites run stories about thieves who have been caught thanks to security cameras. Over the past year alone, bandits have been captured stealing Lego from retailers across Sydney, Halloween decorations in Adelaide and even baby formula. As this demonstrates, using surveillance devices in a business is a popular way to capture footage of criminal activity. [...]

Social media use for your business

November 8th, 2022|Latest News|

Marketing your business in this increasingly digitally connected world is no mean feat. Here’s how social media can help you grow your business. Social media has become an integral part of a brand’s marketing push in recent years. The proliferation of platforms only adds to the number of possibilities for you to promote your [...]

Telematics continues to evolve in insurance

November 8th, 2022|Latest News|

Telematics technology has proven benefits when it comes to encouraging more responsible driving, with research indicating better driver behaviour is one of the main advantages in using this innovation. Black box or telematics technology is a way for businesses to collect data on how their employees are using company vehicles. Using telematics, businesses can [...]

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