INSURANCE NEWS

Does your Business rely too much on Offshore Manufacturing?

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 […]

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What You Need to Know about Working with Contractors

Flexibility is the main reason Australian businesses hire contractors. Think of it as your very own surge capacity to onboard swiftly, deal temporarily with skill shortages, try before you hire and protect your bottom line, etc. And you might be spoilt for choice because one million Australians are independent contractors, says the Australian Bureau of Statistics. […]

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Risk Management Tips for Transport Businesses

Truck driving is one of our country’s most dangerous occupations. Drivers have a 13-fold higher risk of dying at work than other jobs, a 12-year university study has found. Over the period of the research (to 2018), the study found they lodged more than 120,000 claims for work-related injury and diseases. How can you safely accelerate risk […]

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How Your Hospitality Business Can Manage Staff Shortages

During the pandemic, shutdowns, hard borders, social distancing, and isolation orders have combined to savage Australian hospitality businesses. On average, there are 30% fewer hospitality shift work hours compared to pre-pandemic, says shift-work platform Deputy. Add to that the ‘shadow’ shutdown during the Omicron variant means foot trade can be unpredictable for businesses. Now there’s another challenge […]

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The Impact of the Supply Chain Crisis on Different Industries

While the pandemic has spotlighted supply chain disruption, other factors are coming into play. These include climate change, skills and labour shortages, Australia’s shrinking sovereign manufacturing capability and greater political uncertainty in the Indo-Pacific region. (The latter centres on dynamics around China). Industries such as automobile manufacturing, home building, as well as equipment repairs and others are […]

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