Many companies are reluctant to think about and prepare for “black swan” events, writes Michael J. Davern – but a global event shows why they must. In the wake of the widespread chaos we saw on Friday, one old adage perhaps feels even truer now than when it was first coined in the 1960s: To […]
Protect Your Business From Fake Insurance & The Scammers
Running a small business is tough enough without worrying about getting scammed. However, criminals are increasingly targeting small business owners, including when it comes to insurance. They may act online, in person or via the phone. This article will detail different types of insurance scams targeting businesses like yours and how to protect yourself. Why […]
Is Corporate Travel worth it for your SME?
Business travel is expected to remain strong in 2024, with research indicating a boost from sectors like manufacturing, healthcare, mining, oil and gas, professional services and construction. According to professional services firm, McKinsey, corporate travel is on track to reach 80% of pre-pandemic levels this year. So, if your company has employees travelling for work, […]
5 Insurance Claims Aussie SMEs are Most Likely to Make
Here are the top five insurance claims Australian SMEs make, according to insurers. This article will also offer tips to improve your risk management, so you’re less likely to need to claim for any of these events. 1 Claim: Theft Theft and burglary are the top claims. Consider these moves to reduce the likelihood of […]
We remember – yesterday, today and tomorrow
At the going down of the sun and in the morning We will remember them. For the Fallen, Laurence Binyon 1914
What safety measures should Australian women take when trave...
A newly released survey by Opinium, commissioned by World Travel Protection, has delved into the safety practices adopted by Australian women when travelling for business purposes. The research, focusing on 500 Australian business travellers, indicates that a significant 88% of female travellers proactively adopt measures to ensure their security during solo travel. Safety measures women […]
Revealed – travel insurance costs surging in Australia (Fina
Financial comparison site Mozo’s latest Travel Insurance Report for 2024 has brought attention to a significant surge in travel insurance costs for Australians. The financial comparison site revealed a noteworthy 24% average increase in travel insurance expenses across essential, comprehensive, cruise, and ski policies over the past 12 months. The research outlined specific areas where […]
New – but worth thinking about
4 strategic ways HR can use AI at work AI has captured attention for its generative language and imagery, but its greatest benefit to HR may be more far-reaching. Learning how to leverage AI in unique ways can further position HR as organisational enablers.By now, many of us will have experimented with nascent AI technologies. […]
What’s Your Business Duty When Selling Faulty Goods?
Each year, almost 800 Australians die due to using items that were unsafe due to their production or the way they were sold. The ACCC’s analysis shows fatalities due to faulty products were predominantly a result of: Those fatalities and people hospitalised due to defective products cost the Australian economy about $5 billion annually, according to figures […]
Using Foreign Manufacturers? Here’s How To Reduce Your Risks
Australia’s skills shortage and high manufacturing costs mean importing products and parts from overseas can make good business sense. This article is your risk management update on sourcing from foreign manufacturers. Risks of imported products/components Using overseas manufacturers to source parts and products raises these issues: If there’s any issue with the overseas-made product, you […]
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