Is your business fire safe?

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 often the cause of a fire, especially in older [...]

How to re-market your business

Business are ready to drive sales, particularly after a period in where cashflow was slow.  A way to ensure your business goals are met is to document your priorities, objectives and initiatives in a marketing plan. A great way to start your marketing plan is by mapping your customer journey. This is a visual representation [...]

What the 2020 federal budget means for small business

The 2020 federal budget has outlined an array of initiatives to support economic growth and small businesses through COVID-19 and beyond. But these nation-building, pandemic-busting plans will require significant, but essential, government spending. According to this year’s budget papers : The deficit will reach $213.7 billion this year, before falling to $66.9 billion by the [...]

The big problem with your travel insurance

Most people think buying travel insurance is a bit of a last minute, no-brainer that can be purchased via the first option that pops up on Google. Unfortunately, when claim time comes around things can start to unravel dramatically. Travel insurance is one of those products that most people think they can take a DIY [...]

Contractors Insurance – Have you got it covered?

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 straightforward? Imagine the following [...]

Small business insurance 101: things you need to know

Insurance can seem like a complex area, which is why it’s so important to understand the basics. Here, we explore some of the fundamental concepts that underpin most business insurance policies. An insurance policy has a number of different parts, explains Steadfast broker support manager, John Clark. “The policy will set out the cover that [...]

5 tech-savvy ways to prevent tools being stolen

Visit any worksite and at least one tradie will be able to regale a yarn of a time they had their tools nicked from the back of the ute, swiped on-site or mistakenly carried off by a contractor. Stolen tools are more than a mere inconvenience – as well as shouldering the replacement costs, your [...]

Mitigating COVID-19 risks when returning to the workplace

Research by professional services firm PwC shows many businesses are gearing up to support staff towards a partial or full return to the office. But how people work will now be very different. According to its research, 50 per cent of organisations surveyed say staff will expect higher protections at work when they return to the [...]

Product Liability Insurance – What you need to know.

As many small businesses alter their products and services during the pandemic; it is important to ensure adequate insurance coverage. Product liability insurance can provide protection for property damage or personal injury claims arising out of the use of a business’s product, or the failure of a product. Product liability insurance can be separate, although [...]

What does landlord insurance cover?

Imagine investing in a house or an apartment, only to find your tenant only pays the bond and a few weeks rent. This was the case with a couple of ‘toxic tenants’ from Western Australia, with a history of signing a lease and then working the system by staying at a property but not paying rent for [...]