Australian cities have $81 billion at risk

Australian cities have $81 billion at risk

An insurance leader has released its latest research which shows that Australian cities have $81 billion in GDP at risk from both man-made and natural disasters. Australia’s six top cities have an estimated $81.06 billion of GDP at risk from various threats, according to Lloyd’s. The latest research, developed in partnership with Cambridge University’s...
AshleyMadison bill could rise to as much as US$500 million

AshleyMadison bill could rise to as much as US$500 million

Aon has revealed that cyber insurance is its fastest growing global coverage as numbers in Australia continue to spike. The global powerhouse noted that while cyber is popular the world over, business in Australia is booming as the company is writing half as much cyber business as it did last year in each quarter....
Transport workers ‘more likely to risk injuries’

Transport workers ‘more likely to risk injuries’

One-fifth of transport industry employers say they break safety rules to complete work on time, according to a survey by Safe Work Australia. This compares with an average of 6% in other monitored industries. Safe Work Australia CEO Michelle Baxter says it is a concern that acceptance of risk-taking and rule-breaking is much higher...
Avoid being caught in the bubble

Avoid being caught in the bubble

The majority of respondents to a major Australian property survey believe the country’s two biggest residential markets are either in or entering a property bubble. Results from The Australian Property Institute’s (API) 34th Property Directions Survey show that 58% of the valuers, fund managers, property financiers and property analysts who responded to the survey...