Australia is at heightened risk of an above-average number of tropical cyclones until May, and also that they will develop earlier than usual.
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The Australian Government is implementing a reinsurance pool for cyclones and related flood damage, which will be backed by a $10 billion Government guarantee and cover household, strata, and small business property insurance policies.
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With the 2021/22 financial year done and dusted, now's the time to get shipshape for the next 12 months. As well as your finances, though, have you made time in your schedule to review your insurance cover?
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Cybercrime costs the Australian economy $42 billion annually, says the University of NSW. It estimates just one-fifth of online crime is reported.
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Not great news for potential savings on insurance premiums here in Broome based on the following article we received today.
Read MoreIf the past two years have taught us anything, it’s that disaster can strike at any time and businesses need to be ready. Help safeguard your operations by creating a business continuity plan today.
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tralian businesses and homeowners can draw on insights from the recent 1-in-a-1000-year floods to better protect their assets with planning, retrofitting, and more risk minimisation. Find Out More Here
Read MoreBefore signing a commercial lease, clarify your and the landlord’s obligations and responsibilities. These include permitted use, terms, costs, maintenance, guarantees and insurance for the premises.
Read MoreA deputy president has found conduct that occurred while two workers were driving to and from work, and on out-of-hours phone calls, occurred "at work", as per Fair Work Commission's.
Read MoreDid you know that if you decide to pay your staff at a higher pay rate than the Award rate, pay more than the Award allowances or alter working conditions but most Awards state that you must have an IFA in place signed by both you and the employee
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It’s important that you understand which Award/s apply to your business and you need to know as there could be a number of Awards you need to pay your employees
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The Government is implementing a reinsurance pool for cyclones and related flood damage, which will be backed by a $10 billion Government guarantee and cover household, residential strata and small business property insurance policies.
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Russia's invasion of Ukraine is set to have severe repercussions in Australia. Businesses are now at a higher risk of cyber attacks, increased commodity prices for imports and exports, inflation and pricier insurance premiums as a result of the attack.
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When a flood hits, staying safe and finding headspace to claim on your insurance for damage can be stressful. Improve your chances of a quick and fair resolution by following these tips, once you’re safe of course.
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Flexibility is the main reason businesses hire contractors. Think of it as your surge capacity to onboard swiftly, deal temporarily with skill shortages, try before you hire and protect your bottom line. But hiring and managing contractors opens up a new suite of risks for your business.
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The High Court of Australia delivered decisions which hold that to determine whether a person is an employee or independent contractor it is necessary to look at the legal rights and obligations agreed under the relevant contract.
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The Fair Work Commission has extended the entitlement to unpaid pandemic leave under Schedule X in many awards. Leave taken under Schedule X now needs to start by 30 June 2022.
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As COVID-19 vaccination rates rise across Australia, many staff with the option to work from home are returning to their workplaces part-time while logging the rest of their hours remotely.
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“Since moving over here I have been staggered at the cost of insurance, yet it hardly gets a mention,” Broome Insurance Brokers Director David Keys told insuranceNEWS.com.au. “I want to make sure we are not forgotten as part of this process.”
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