Insurance

One in 25 properties ‘uninsurable by 2030’

More than half a million properties across Australia will effectively become uninsurable this decade due to climate change, a new report has warned. The Climate Council says the nation is in the grip of an escalating insurance crisis as the cost of cover becomes unattainable for properties most at risk of climate-fuelled disasters. New modelling […]

Annualised Salaries

The 3 Best Home Improvements

One in three Australians plans on renovating their home in the coming twelve months, to give it a fresh look and increase its value as reported by Architecture & Design. Additionally, according to ABC News, renovation loans soared to 7.4% in June 2021, breaking a 19-year record. The rise of home renovations among Australians has […]

Next PM urged to prioritise climate action

An alliance of emergency responders, diplomats, defence personnel and healthcare professionals is calling on Australia’s next government to urgently prioritise action on climate change. In an open letter to “the incoming prime minister”, the group asks the next government to make combating global warming its top priority and to allocate all necessary resources to decarbonise […]

Tax incentives support small businesses

It is a budget designed to support the economy’s path out of the pandemic. Cost of living and infrastructure are the focus. Businesses and consumers are still struggling after a number of difficult years. The Coalition government has issued a pre-election budget that focuses on infrastructure and the bush. This year’s federal budget confirms a […]

Latest round of flood support unveiled

FRESH FEDERAL FLOOD SUPPORT PACKAGE A further round of federal financial assistance has been unveiled for flood-affected residents in northern NSW, as clean-up efforts intensify. INITIAL MEASURES * Two more weekly disaster recovery payments of $1000 per adult and $400 per child will be made to residents in the Lismore, Richmond Valley and Clarence Valley […]

National emergency set to be declared

WHAT IS A NATIONAL EMERGENCY? Governor-General David Hurley will be asked on Friday to approve the declaration of a national emergency on the advice of Prime Minister Scott Morrison and with the support of the Queensland and NSW premiers. It will be the first such declaration since laws passed in December 2020. * The idea […]

Beefed up cyber powers pass parliament

Dominic Giannini (Australian Associated Press)   Beefed up powers for Australian cyber spies to intervene in major attacks across a wide range of essential services have passed parliament. Cyber attacks on Australia’s critical infrastructure will be expanded to include energy, communications, financial services, defence industry and higher education. Companies that fall under this definition will […]

Top tips to safeguard your roof in the next storm

Well Covered (Steadfast)   Roofs are the subject of a huge number of business insurance claims, especially after big storms.  Many Australian businesses have been devastated by storms so far in 2021, with Tropical Cyclone Seroja battering parts of Western Australia in April and NSW and Queensland hit by violent storms in March. The Insurance Council […]

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