Business

The nation is cautiously exiting the corona virus lockdown period. But many firms will need to shapeshift to ensure their business model is suitable for what may be a frugal period ahead in some sectors. A strategic approach to business planning is, therefore, essential. The first...

Heightened cyber risks have emerged as a serious issue, given most businesses now have many staff working from home. So it’s important to put in place policies and procedures to ensure data is secure no matter where staff are located. Helping staff to recognise and avoid...

When times are tough, many businesses Indiscriminately slash costs, without thinking about long-term consequences. It can be especially tempting to reduce the business’ headcount given wages are often a company’s greatest expense. This can be a false economy, as firms will need their best people when...

Workers’ compensation and your responsibilities, a three-part series. Part one – what is workers’ compensation? Annette O’Brien, Steadfast Technical Broking Manager, outlines what your responsibilities are as an employer when it comes to Workers' compensation.  Workers’ compensation hit the headlines when a former reality TV contestant was successful in a...

Although bushfire season is here, this risk is only one of a host of different sources of fire. Arson is often the cause of fire and poor maintenance standards are another serious fire risk for businesses. For instance, damaged or old electrical cabling is all too...

Research shows businesses that are committed to supporting their staff’s health and wellbeing enjoy many advantages. While providing benefits such as income protection insurance is one aspect of this, firms that take a holistic view of employee wellness give themselves a long-term competitive advantage. This is...

Product liability cover can vary, with claims depending on the individual business and the product it sells. Regardless, Product liability will ensure you are protected from the inevitable mishap. Product liability can provide protection for property damage or personal injury claims arising out of the use...

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...

In their recent half-yearly report, actuarial and analytics firm Finity has outlined the­­ view of the Australian General Insurance market. The report outlines changes in rates, capacity and the impact of the Financial Services Royal Commission on the industry. Given the expected changes in pricing, it is...