Digital transformation through artificial intelligence, automation, data analytics, and cutting-edge technologies are helping shift Australian manufacturers into the fourth industrial revolution. But the benefits of advanced manufacturing come with more significant risks. Why is manufacturing at risk? Perhaps the biggest issue is that manufacturing companies don’t consider themselves at risk of a cyberattack, says cybersecurity […]
Many people know that an insurance broker can compare different insurance products and provide advice to help you choose the best cover for your unique needs. But the value of a broker extends far beyond insurance placement. This has been demonstrated recently with the natural disasters Australia has seen. From bushfires to floods, having a […]
It’s official. According to the Royal Commission in National Natural Disaster Arrangements, Australia can expect more concurrent and consecutive natural hazard events due to climate change. This means further global warming, and extreme and less predictable bushfire behaviour. As well, Australia’s naturally variable climate sees season-to-season and year-to-year fluctuations in temperature and rainfall. Our country has been transforming […]
Critical labour shortages plus escalating materials costs are a spanner in the works for Australian construction businesses. In the year to September, residential construction costs increased 7.1%, the steepest rise since 2005. Those costs are tipped to jump a further 6% this year, says the Urban Developer. Underpinning those higher prices is the worst materials shortage in more […]
Australia’s reliance on offshore manufacturing during the pandemic has come under the spotlight. Our dependence on overseas supplies for much-needed masks, vaccines, and even the diesel engine additive AdBlue, has highlighted just how little we manufacture here in Australia. How the pandemic exposed our reliance on global supply chains Today, domestic manufacturing accounts for a […]
