Following the UK Grenfell Tower fire, Australian insurers are wary of cheap cladding. Here’s what to do if it’s used on your building. More than 70 people died when fire spread rapidly across a 24-storey West London tower block in June 2017, with most pundits believing highly flammable, cheap Chinese cladding was to blame [...]
The UK's Grenfell Tower disaster has had widespread implications for professionals in Australia's construction industry. Here's how to help protect yourself if you're a contractor who's worked on any Australian building project. The UK Grenfell Tower disaster claimed the lives of 72 people on 14 June 2017. The tragedy unfolded on television and computer screens around [...]
Employers have a duty of care to maintain a safe workplace as far as is reasonably practicable. When it comes to COVID, this means employers must take all reasonably practicable steps to prevent the spread of the virus in the workplace. This includes having a COVID-19 plan that promotes social distancing, hygiene and cleaning; [...]
It is a budget designed to support the economy“s path out of the pandemic. Cost of living and infrastructure are the focus. Businesses and consumers are still struggling after a number of difficult years. The Coalition government has issued a pre-election budget that focuses on infrastructure and the bush. This year’s federal budget confirms [...]
Insurance can seem like a complex area, which is why it’s so important to understand the basics. Here, we explore some of the fundamental concepts that underpin most businessinsurance policies.An insurance policy has a number of different parts, explains Steadfast broker support manager, John Clark. “The policy will set out the cover that applies under [...]
How are insurers supporting the circular economy?More businesses are embracing the principles of the circular economy in the pursuit of better environmental outcomes and as part of the push towards a net zero economy by 2030. Insurers are working alongside these businesses to support their efforts to achieve a clean, green future.The circular economy is [...]
When Saphia Smereka discovered her yet-to-open restaurant Kiki on Byron, at NSW’s popular Byron Beach, had received a series of fake, one-star-negative reviews in the lead-up to its doors opening, she perhaps wished insurance could have compensated her for the potential damage such a review may have done to her funky new establishment.It’s not possible [...]
There are lots of reasons to be a sole trader – to simplify your business or if you’re just starting out are some of the common ones. Maybe you’re an artist or graphic designer working from home. Perhaps you’ve got a side hustle as a florist. Or you could be a gardener with a [...]
While it will be a while before fully autonomous vehicles are driving on our roads, many new vehicles already have autonomous features, especially when it comes to premium vehicles.For instance, many vehicles have semi-autonomous functionality called advanced driver assistance systems or ADAS. These include adaptive cruise control, which automatically corrects the car depending on traffic [...]
Criminals are becoming increasingly sophisticated in their approach to online scams, with ‘social engineering’ a common tool used by fraudsters.Helping staff to understand how social engineering works is one of the most important frontline defences against cybercrime.Social engineering is a tool hackers use to trick people into doing something they wouldn't normally do ordivulge information [...]