Updates to Workers Compensation Schemes in NSW and Victoria for 2023-24

Worker’s compensation changes in NSW and Victoria for 2023-24. New workers’ compensation scheme changes announced in NSW and Victoria as new financial year starts. These updates have implications for businesses and employers operating in these states. Let’s delve into the key changes and what they mean for you. NSW – iCare: In NSW, the Nominal […]

If you home share, check your Personal Property Cover

If you home share, check your Personal Property Cover As of September last year, there were 251,000 short-term rentals registered across Australia, down from 400,000 pre-pandemic. However, not all short-term stays are registered. If you rent out your main residence, this article is for you. We’re sharing a swag of tips to help you manage your risks. […]

4 Myths about Cyber Insurance Debunked

4 Myths about Cyber Insurance Debunked Cyber security is a top risk management concern for Australian businesses, with eight in 10 organisations hit by ransomware. And research shows small businesses are likely to have poor security practices due to common misconceptions about the threat. It is such a hot issue that the Federal Government appointed the first Minister […]

Deepfakes and Business: Know the Risks to Your Operations

Deepfakes and Business: Know the Risks to Your Operations Deepfakes can wreak havoc on your business reputation and expose you to fraud, identity theft, hoaxes, ridicule, harassment, and more, according to the eSafety Commissioner. So, what are deepfakes, and what can you do to combat them? Deepfakes: Digital puppetry The term ‘deepfake’ was coined in […]

Mining’s Top 10 Risks for 2022

Mining’s Top 10 Risks for 2022 Professional services consultancy Deloitte has just issued its report on the top 10 risks shaping the future of mining across the world. The findings are similar to another report from its competitor KPMG. Professional services consultancy Deloitte has just issued its report on the top 10 risks shaping the future of […]

Your Obligations for Customers’ Personal Information

Your Obligations for Customers’ Personal Information As a business, you may have obligations under the Privacy Act regarding how you handle your customers’ and employees’ information. Here’s your guide to understanding your obligations on managing a customer’s personal information. Which businesses have responsibilities under the Privacy Act? The Office of the Australian Information Commissioner (OAIC) […]

Is Your D&O Team Ready to Deal with Cyber Crime?

Is Your D&O Team Ready to Deal with Cyber Crime? A cyber attack happened once every eight minutes in Australia in 2020-21, compared with once every 10 minutes in the previous financial year. No sector in the economy was immune, according to reports made to the Australian Cyber Security Centre, but because these are only reported […]

Will 2022 be the Worst Year to Invest in Property?

Will 2022 be the Worst Year to Invest in Property? If you’re weighing up the pros and cons of buying property in 2022, then be sure to do your due diligence in risk analysis. We note that your circumstances are unique, and we don’t offer financial investment advice – that’s not our line of business […]

Strategies to Improve Cash Flow for Construction Businesses

Strategies to Improve Cash Flow for Construction Businesses As a construction business operator, you’re no doubt facing some challenges. Recent news reports reveal the Australian construction industry is not in good shape. Several firms have gone under, including Probuild, Condev, Snowdown Developments, Hotondo Homes in Horsham and Hobart, Dwelling Building Group and Merhis Group, according to […]

5 Top Tips about Landlord Insurance

Property investor numbers are at a record high, according to the Australian Bureau of Statistics. In January, new investor housing loan commitments rose more than six percent to $11 billion seasonally adjusted. Across the country, rents are up, with the average house costing $520 weekly. Up to a fifth of Australian adults are landlords like you, according […]