It’s summer in Perth and the beach is beckoning – so why are we talking about storms? Well, although tropical cyclones generally hit the north of WA and dissipate before they hit Perth, some make it through and can cause some serious damage. Remember, our tropical cyclone season runs from November to April which is throughout the summer months. Here…
No matter how busy you get with your business, you need to always take the time to consider your insurance. Although it may not be something you think about too often, you’ll be grateful for it when things go wrong! Two of the most common policies you may have come across for your business are professional indemnity insurance and public…
It’s easy to think that insurance brokers and insurance company agents are the same thing. After all, they both help organise your insurance, right? Yes, it’s true that there are similarities between the two but there are also some important differences which set insurance brokers apart. Before you decide who you’d prefer to go with, let’s take a look at…
The new mandatory data breach notification laws which have been looming following passage of the Privacy Amendment (Notifiable Data Breaches) Act 2017 have now taken effect. As a result, the Notifiable Data Breaches (NDB) scheme has been established and officially commenced on 22 February, 2018. So, what does the NDB scheme mean for your business? How does the NDB scheme…
When we talk about essential insurance cover for Perth businesses, public liability insurance has to be at the top of the list. This policy is designed to protect you financially if you cause damage to property or injury to a person as a result of your actions at work. So why is this cover so important? Today, we’re looking at…
Small to medium enterprise (SME) in Australia has continued to experience significant growth in 2017 and there are over two million businesses across the country made up of companies with fewer than 250 employees. Reports from the National Australia Bank indicate that SMEs contribute 57% of Australia’s gross domestic product (GDP) and SMEs employ a truly impressive 70% of the…
A new computer bug has left billions of devices open to cyber attack after researchers discovered a flaw in computer chips manufactured by Intel and other leading companies. This flaw means that devices could be insecure and give up information which makes them vulnerable to hackers. This global issue could leave your sensitive information such as passwords, encryption keys, or…
If your business is ticking along nicely, you probably don’t spend too much time thinking about what would happen if you suddenly had to close for a period of time. However, sometimes business as usual can come to an abrupt halt thanks to unexpected circumstances and these interruptions can have serious financial consequences. Luckily, you have the option of business…