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. Understanding property insurance To help protect your home from […]
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 for Cyber Security in a G20 […]
“Ignore, delete and block”: Australians urged to be on alert
Australian regulators and agencies have warned Australian taxpayers to be extra vigilant during tax time this year and to be on alert for dodgy end-of-financial-year (EOFY) scams, with scammers likely to take advantage of Australians who are submitting tax returns or waiting for the outcome of an assessment. The Australian Communications and Media Authority (ACMA) […]
Australian drivers take risks to avoid wildlife collisions
Around half of Australians have collided with wildlife while driving, and 61% would resort to risky tactics to avoid hitting an animal, according to Suncorp Group (Suncorp) insurer AAMI’s latest research. The report analysed more than 17,000 AAMI animal collision claims across Australia between January 1 and December 31, 2022. It found that one in […]
Property risks warning: Don’t forget bushfires!
Australia could be going from “constant flooding to the real risk of bushfires,” says risk engineerProperty risks warning: Don’t forget bushfires! After last year’s incredible run of serious flooding, bushfire risk management plans may not be front and centre right now for insurance brokers and their customers’ properties. However, FM Global Australia’s Mike Hunneyball (pictured […]
Selling Yourself Short? Why You Should Avoid Underinsurance
Is your small business among the one in four that say they’ll go under if faced with a liability claim? That’s the alarming statistic from one insurer’s survey. More respondents said they would: .Lose clients .Expect less revenue .Have cash flow woes. At the crux is understanding the cost of and whether you would be […]
Rubbish collection in space
Space sweeper designed to vacuum up satellite debris An Adelaide-based startup is developing a trash compacting solution to help clear space debris. The space industry – and space junk – is booming, literally. Every year, a handful of satellites inexplicably explode, slowly filling heavily trafficked space lanes with deadly debris. The International Space Station has […]
May their spirit live on in us and in generations to come
There is music in the midst of desolation, And glory that shines upon our tears. For the Fallen – Laurence Binyon, 1914
How to handle a cyberattack
Latitude Holdings is the latest Australian company to experience a devasting cyberattack. The financial services company revealed that the personal information of 7.9 million customers has been stolen. Back in January, it was Australian property developer and construction company Meriton who experienced a cyberattack — and the list of companies doesn’t stop there. Optus, Medibank […]
Want More Time In Your Day? High Achievers Use the ‘2-Second
The simple way to effortlessly save time. If you’re like most, you unwittingly waste time every day. After all, time has its way of inherently slipping by, oftentimes with each year passing by more quickly than the last. It’s easy to chalk it up to a byproduct of time itself, the result of not having […]
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