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If you’ve scrimped and saved in the hopes of achieving financial security through an investment property it makes sense to insure such a valuable asset.It’s no secret that Australians are among the most real-estate obsessed people in the world.Around two million Australians own an investment … [Read more...] about What you need to know about landlord insurance

The biggest change to payroll in history is here and compulsory for businesses with 19 or fewer employees.What is it? Single Touch payroll (STP) is an ATO compliance regulation which requires employers to send employee payroll information, including salary, wages, PAYG withholding and … [Read more...] about Single Touch Payroll is here

Small business owners tend to be born optimists with little inclination to think about what could go wrong. That’s why it pays to have an insurance broker in your corner to safeguard what you’ve worked for.Paul Harrison’s family-owned shoe shop in Sydney’s Neutral Bay has operated out of various … [Read more...] about Why small businesses use an insurance broker

As a consumer or business owner, it is vital to ensure that your interests are protected, when dealing with other businesses. There are a number of steps you can take to protect your interests.1. Ask for informationWhat is their ACN?Since 1991, every company in Australia has been issued … [Read more...] about Do you really know who you’re dealing with?

With effect from 17 December 2018 elements of the Building Industry Fairness (Security of Payment) Act 2017 (BIF Act) and amendments to the QBCC (Queensland Building and Construction Commission) Act commence.The purpose for these changes and amendments means that it should be easier for both the … [Read more...] about Changes to QBCC – New Security of Payment Laws

The Royal Commission into misconduct in the Financial Services Industry released its Final Report in February after 69 days of hearings with 76 recommendations made and 22 referrals to regulatory authorities for criminal investigation and potential prosecution.Of the issues that were raised … [Read more...] about What does the Royal Commission Report mean for insurance?

It can take just moments for fire, flood or thieves to wipe out years of hard work, asset accumulation and stock. But it can be months before you realise the full extent of the damage – and even longer to recover - if you don't have a detailed and up-to-date inventory list encompassing business … [Read more...] about How to create and maintain an SMB inventory list

The catastrophic floods that swept across Townsville have resulted in 21,515 claims, with the estimated insurance losses of $887 million, according to the Insurance Council of Australia’s latest figures.“This represents 19,614 residential claims and 1,901 commercial claims,” said Rob Whelan, ICA … [Read more...] about ICA claims update for Townsville catastrophe