More than 60,000 property owners will save an average of $260 a year because of changes made to Fire Services Levy laws reported the Herald Sun. Treasurer Michael O’Brien told the Herald Sun he hoped this would be a win for consumers. The content of this article was somewhat confusing for us at Whitbread as…
The ever increasing issue of internet fraud and the personal cost for victims was reported on the 7:30 Report, 20th January 2014. The Australian Competition and Consumer Commission reported that they received more than 28,000 reports of so-called advanced fee fraud, but police say many more cases are not reported because of the social stigma…
The new banking code will require lending institutions to remind mortgage customers of their obligations to have home insurance. Banks will also explain the risks of underinsurance according to an article posted by news.com.au. Click here to read the full article. To learn more about underinsurance, Whitbread suggest reading this article on Underinsurance which can…
Pharmacists are the latest victims to be targeted by computer hackers, as the industry moves towards electronic health records. The Pharmacy Board of Australia has issued a warning about the threat with at least 10 pharmacists targeted in the last 18 months, according to an article posted by ABC technology reporters Jake Sturmer and Alison…
Whitbread Insurance Brokers, a second generation family owned company, this year celebrates 35 years in business While many insurance brokerages today are expanding through mergers and acquisitions, Whitbread Insurance Brokers are enjoying remarkable organic growth through our unwavering commitment to our founding values, and by empowering our clients, people and the community to thrive. This…
Australian businesses were today again reminded of how susceptible they are to cyber-attacks. The “hacktivist” group, Anonymous Indonesia tweeted that they had hacked more than 100 Australian websites, replacing their websites with the message “Stop spying on Indonesia!” The hacking was in response to allegations that the Australian Government was intercepting Indonesian communications. As a…
A recent article in a Perth newspaper suggests some developers are under-quoting the strata costs of some off-the-plan developments – some by as much as 50 per cent. In the article, Jeannette Anderson, founder of strata report compiling company Strata Data WA, says, “The developers sometimes set unrealistic budgets. When they have sold 60 to…
The recent fires in Sydney occurred after the warmest overnight and day temperatures recorded so early in Spring in more than 100 years. Some places recorded temperatures in excess of 31 degrees. Two homes were destroyed in the fires and meteorologists are warning that Sydney could continue to see warmer than normal conditions for most…
In a unanimous decision, the NSW Court of Appeal has handed down Australia’s first major decision on access to directors and officers It was ruled that insurers can pay defence costs under D&O policies before any third-party claim on the insurance policy proceeds. The decision, relating to the collapse of plantation company Great Southern, is…
Tax Agents will be required by the Tax Practitioners Board to have Professional Indemnity Insurance as of July 2011. The requirement applies to all tax and business activity statement (BAS) advisers who provide tax and BAS services for a fee. The Tax Practitioners Board is proposing a minimum level of cover of $250,000 for turnover…
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