Asbestos, once a popular construction material because of its fire-resistant properties and durability, has now been recognised as a significant health hazard. Prolonged exposure to asbestos fibres can lead to severe illnesses such as mesothelioma, lung cancer, and asbestosis. As a result, businesses and Continue Reading
Life insurance is a powerful financial tool that provides protection, security, and peace of mind to individuals and their loved ones. While the topic of life insurance may seem daunting or uncomfortable to some, understanding its numerous benefits can help you make informed decisions about your financial future. Continue Reading
Manufacturing plays a pivotal role in the global economy, producing goods that drive various industries. However, the manufacturing sector faces a unique set of risks, ranging from equipment breakdowns to supply chain disruptions. To mitigate these risks, manufacturers often turn to insurance solutions tailored Continue Reading
During the wake of the 2001 terrorist attacks in the United States, the Australian Government launched an initiative to introduce compulsory levies on insurance policies. These funds were pooled in the interest of offering financial protection to the commercial property sector from terrorist incidents. They were Continue Reading
New data shows the extent of the COVID-19 hit to revenue at most Australian businesses, with two thirds reporting a decline in revenue as a result of the pandemic. Education and training is the worst hit sector, with 87 per cent of firms recoding a drop in earnings.Moreover, economic growth recorded a 0.3 per cent Continue Reading
Hiring a contractor or sub-contractor is often appealing to time-poor, cash-strapped small business owners. One big reason is that they take care of their own insurance (as opposed to the business owner having to provide coverage for them, as is the case with employees). But what if things aren’t quite that Continue Reading
If you’re just starting out in business, insurance should be a top priority. This is because once you have opened a new business, insurance can be one of the most important factors in ensuring you stay open. According to John Clark, Steadfast’s Broker Support Manager, your first priority should be ensuring Continue Reading
You’ve got killer ideas, fire in your belly and you’re prepared to put in the hard yards – the first months of a new business venture are often highly exciting and productive. But a slip up now could cost you not only your capital but also your confidence, your reputation and your business. Sadly, Continue Reading
Running a small business is certainly not for everyone – the long days (and weeks), potential staff issues, not to mention BAS statements – though many owners wouldn’t have it any other way. Still, there are plenty of logistical challenges that small businesses find themselves dealing with day in and day out. Here Continue Reading
Australia has one of the highest rates of illicit methamphetamine use in the world and the highest use among English-speaking countries. Since 2015, a drug lab bust has taken place almost every day in Australia, with estimates claiming as few as one in 10 labs are discovered by authorities. The majority of Continue Reading