By Mr Tony Mitchell | Mondaq According to the Australian Federal Police, more than $79 million has been lost to cybercriminals in the past 12 months through business email compromise, also known as BEC scams or payment redirection scams. In such scams, cybercriminals trick victims by getting them to redirect their legitimate fund transfers, which […]
As a construction contractor, your plant and equipment are the lifeblood of your business. But how can you best manage the risks whether your gear is on your premises, on a work site, or in transit? And it might be your own plant or on lease. When it’s damaged, breaks down, or is stolen, it […]
Most people are aware inflation has been on the rise in recent months due to COVID-19 impacts. However, many are not aware of how significant the impact has been on the construction sector and what that means for their property insurance. As a result, the gap between what most people are insuring their properties for […]
How well are you protecting the creative, intangible assets of your business? They’re the pandora’s box of inventions, designs, names and images, symbols, literary and artistic works that commerce uses for financial benefit. IP insurance demystified According to IP Australia, legally protecting the intellectual property (IP) of your business means covering: Copyright Patents Trademarks Industrial designs, such as […]
On average, one in five Australian small businesses have been party to a dispute, with most of them experiencing financial loss, according to a government report. As well, small-to-medium-sized enterprises are at risk of unfair dismissal claims, with the Fair Work Commission listing at times with hefty costs. Work-related injury and diseases cost Australian companies $61.8 billion annually, says […]
