Australia has about 60,000 registered not-for-profit organisations, according to the Australian Charities and Not-for-Profits Commission (ACNC). There’s a huge diversity of types and areas covered including education, social welfare, health, religion, culture, human rights, animal welfare, and the environment. Not-for-profits (NFPs) range in size from volunteer-run groups with no revenue or funding to the Returned […]
Tips To Cut Your Insurance Premiums & Stay Safe on the Road
In the fast-paced world of commercial transportation, ensuring that your insurance premium and policy are as hardworking as your road operations is crucial. Check out these tips to help get the most value, while still transporting goods safely. Factors impacting commercial truck insurance First, let’s understand what drives the premium. Insurers consider: Add to those […]
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 […]
EV charging stations – what are the risks and insurance impl
Tips offered to property owners and landlords Gallagher has delved into the emergent risks associated with the deployment of electric vehicle (EV) charging stations across Australia. In its latest blog, Gallagher highlighted the potential hazards linked to lithium-ion battery fires, known for their intensity and prolonged duration, which can lead to considerable property damage. This […]
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 […]
Spotlight on Work-Vehicle Bingles & Managing Your Risks
As a business owner, you know how important it is to maintain the safety of your work fleet and have clear policies for staff using them. The cost of fleet accidents The social and economic costs of all road crashes in Australia are more than $30 billion each year, according to the Bureau of Infrastructure and […]
Builders’ Insurance: What Your Business Needs To Know
Australian builders are experiencing slim margins, but to help with costs, it pays to have a tight rein on your risk management. We’re not quite seeing what’s happening in the UK, where builders are pulling in the profits, charging about a 10% premium over the price of an existing home. Back in Australia, you do have […]
Your Guide to Benefits & Risks of Becoming a Franchisee
Franchising can be a great way to start a business with a ready-made model and resources for a fee. Research shows that four out of 10 franchisees used to work for the franchisor, making it a natural transition. Franchising is a mature sector in Australia, so franchisors are becoming creative in finding ways to expand. Even part-time […]
Happy New Year
Wishing you and your families a happy, safe and prosperous New Year. The team at Austbrokers Terrace look forward to welcoming you again in 2024.
Season’s Greetings
Very best wishes from the team at Austbrokers Terrace to you and your families for the festive season.
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