As the state continues to recover from ex-Tropical Cyclone Debbie, the real cost of the cyclone quite possibly will never be known.The cyclone, which crossed the coast on 28 March, 2017 as a category-four system and caused subsequent flooding in communities from the Whitsundays to New South Wales … [Read more...] about Cyclone Debbie – the good and the bad
Protecting against cyber predators
On May 13, 2017 many internet users in the UK, Europe and Russia woke to a major Ransom Cyberattack. The USA was lucky, they were able to stem the outbreak, but the total number of people, companies and Government bodies effected may never be known.Hackers don’t care who it affects and we are all … [Read more...] about Protecting against cyber predators
Mandatory data breach notification laws to come into force
Parliament has recently taken steps to address issues relating to cybercrimes by passing the Privacy Amendment (Notifiable Data Breaches) Bill 2016 on 13 February, 2017. The legislation is due to commence within 12 months of Royal Assent, with no assent or fixed date as yet. However, once enacted … [Read more...] about Mandatory data breach notification laws to come into force
End of Financial Year Checklist
It’s that time of year again and the End of Financial Year is upon us. Before 30 June take a moment to review your business so you can start the new financial year off on the right track.1. Review your business story How has your business changed in the past year? As your business evolves to cope … [Read more...] about End of Financial Year Checklist
Protecting What Is Shared
Insurance Adviser takes a look at the sharing economy and the opportunities, and challenges, it offers brokers in the public liability space.Current estimates value Australia’s sharing economy – which includes peer-to-peer (P2P) platforms such as Uber, Airbnb, Gumtree and eBay – at $15.1 billion, … [Read more...] about Protecting What Is Shared
ASIC calls for standardised insurance definitions
Insurance companies should consider standardising their policy definitions to make it easier for people to compare policies against one another, the corporate regulator said on Wednesday.Representatives from the Australian Securities and Investments Commission appeared before the Senate economics … [Read more...] about ASIC calls for standardised insurance definitions
Suncorp and other insurers warn Federal Government against cyclone insurance plan
SUNCORP has reignited warnings against setting up a government-backed cyclone insurer for North Queensland.The Federal Government in March last year seemed to have killed off the notion of establishing such an insurer, noting a taskforce report had highlighted “significant financial risk” … [Read more...] about Suncorp and other insurers warn Federal Government against cyclone insurance plan
Workers in the home – are you covered?
Injuries to household and domestic workers: Are you covered?Queensland Home and Contents insurance policies exclude injuries to Domestic Workers such as domestic cleaners, babysitters, nannies, gardeners and in-home carers, or in situations where a WorkCover Policy of insurance might respond. By … [Read more...] about Workers in the home – are you covered?