With best wishes to you and your families for the festive season from the team at Austbrokers Terrace.
Do You Know the 7 Key Risks of Owning an Electric Vehicle?
Sales of electric vehicles (EVs) in Australia have reached a milestone – for the first time, more than 50,000 in the first six months of a calendar year. EVs accounted for about one in 12 cars sold, according to DRIVE.com. But, you might not know that there are seven key challenges to manage when you’re […]
What are the top cyber security threats for businesses?
This Cyber Security Awareness Month, BDO takes a look at the threats faced by businesses from nation state actors to cyber criminals. New technology has given organisations greater data analytics, communication, and operational efficiency capabilities. However, it has also made threat actors, ranging from nation-state actors to cyber criminals, more sophisticated. As our world becomes […]
Today, as we remember the past, we look to the future
Not just today, but every day, we honour the brave men and women who have served and continue to serve in countries around the world
Insurance headaches: Eight tips to minimise the risk of a cl...
It’s every business owner’s nightmare—an unforeseen incident occurs, stress is up, you file an insurance claim, and instead of a quick resolution, you see those dreaded words: “claim denied”. According to the Insurance Council of Australia, 96% of claims are approved by insurers. So, what goes wrong with that remaining 4%? Understanding why claims get […]
What are the benefits of deploying AI agents in your busines...
Perhaps worth considering Why are autonomous agents the next step in the evolution of AI?AI innovation is happening faster than ever. Hot on the heels of predictive AI and generative AI, we’re now witnessing the third wave of the AI revolution, where businesses are deploying accurate and low-hallucination autonomous agents alongside human workers. Moving beyond […]
Disaster Plans Every Australian SMB Should Have Ready Now
More than two thirds of Australians live in a local government area impacted by one or more natural disaster over a 12-month period, says KPMG. Chances are your business is among the 75% of Australian SMBs without a current business continuity plan. So, how can you be better prepared for natural disasters, including bushfires, floods, […]
Don’t Travel Without Insurance for Business or Leisure
As spring arrives, Australians are eager to embark on their travel adventures, both domestically and abroad; for business, leisure or both – often known as ‘bleisure’. According to the Australian Bureau of Statistics, Aussies made 12% more trips in May 2024, compared to the same time last year. While figures haven’t returned to pre-pandemic levels, […]
SMEs are leaving themselves wide open to cybercrime
Multi-factor authentication is just one of eight things small and medium size businesses should be doing to protect themselves against cybercrime. Malware, ransomware, data breaches, payment redirection scams, phishing – Australian businesses are increasingly under fire from bad actors in the cyberspace. The average loss to Australian businesses from cybercrime is $45,965 for small businesses […]
Electric Vehicles & Insurance: A Guide for Aussie SMEs
Electric vehicles (EVs) are revolutionising the automotive industry with their eco-friendly design and efficient performance. And governments across Australia are offering incentives for businesses and consumers to invest in EVs. If you’re tempted to buy an EV for your SME, read on. We’ll explain the pros, cons and risk management considerations. Benefits of EVs for […]
Latest Articles
The Annual Risk Health Check: Why Every SME Needs It
Your business can change a lot in a year – expanding, shifting online, hiring staff, ...
No Office, No Servers—No Insurance? Think Again
Across Australia, more businesses are operating without offices or in-house servers, choosing cloud-based platforms instead ...
Underinsurance in Property: A Growing Concern
Australian businesses are feeling the squeeze of rising insurance premiums, building costs, and extreme weather—but ...
Protecting Your Business in the Digital Age
More than four in 10 Australian SMEs now rely on AI for daily operations, from ...
What’s Legal, What’s Risky, and What’s Insurable?
If your SME is using or planning to use electronic surveillance, this article outlines what ...
Protecting Your SME from Real-World Risk Events
Running a small or mid-sized business in Australia means juggling costs, staffing, and cash flow ...
Bots, Breaches and Business: Cyber Risks for SMEs Evolve
Cyber threats are evolving faster than most businesses can keep up, and Australian SMEs are ...
“Large Company” breach sparks AI scam alert for Australians
The recent Qantas data breach has brought renewed attention to the changing nature of cyber ...
Is Your Roof Maintenance Up to Scratch? How to Go About It
In Australia, it’s not simply the age of your roof that determines whether your insurance ...
Covering Your Bases When Hiring from Overseas
If you’re running a farm in Australia, you understand the reality of the seasonal labour ...
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