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Posted by on in General

Small businesses are the backbone of our economy, employing nearly 5 million people across industries as diverse as retail, trades, manufacturing and professional services.   However 90% of all small business start ups fail and among these businesses are numerous examples of businesses that have been forced to close their doors due to not having enough insurance cover when they need it the most.

There are a multitude of incidents that could happen to a small business that could be cause for an insurance claim.  This could be anything from a customer injuring themselves whilst on your premises, damage to property and contents, office equipment failure, a fire through to poor advice.

So what could go wrong if you don’t have enough insurance?

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Labour market testing is a process which employers must undergo to access the 457 visa sponsorship programme. It is not required for all occupations, however we recommend that labour market testing be a core component for all 457 visa applications nonetheless!

Just to recap what we already know, the purpose of Labour Market Testing is to test the local labour market, to ensure that there is no suitably qualified and experienced Australian Citizen or Permanent Resident from the local labour market readily available to fill the position.

In short, the process was introduced to meet genuine skills shortages.

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The Education and Employment References Committee have produced the following document:

disgrace-temp-worker-report-1.pdf

It is well worth RMAs having a read and then providing feedback via the contact information below.

Committee Secretariat contact:

Committee Secretary
Senate Education and Employment Committees
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3521
Fax: +61 2 6277 5706
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Okay so we know that inventory lists are not the kind of thing that gets business owners excited, that is until something happens and the time comes to claim on your insurance.   When you’re filling out your claim form, you’ll probably remember the big things, computers, office equipment and the like, but what about the smaller items, which may be low cost but could also add up in value!

When something bad happens to your business, such as a fire, theft or malicious damage, the costs incurred could be significant. Consider how quickly you could claim if you didn’t have complete records?  Creating an inventory list will help consolidate records and manage your response to such an event, without relying on a foggy memory.

Waiting for a claim to be paid so that you can get your business running as per usual can be a stressful time, so you’ll want to speed up the process and eliminate the need of proving ownership, and a good way to get this done is by having an office inventory list.

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Dear Migration Alliance members,

Migration Alliance are pleased to announce a new partnership with Nexus Partners. This partnership will offer Migration Alliance members an innovative finance referral solution for your clients.

Nexus Partners have been at the forefront of redefining the way professionals manage the finance needs of their clients. Implementing our referral program will ensure that you are in greater control of the finance needs of your clients whilst maximising the revenue share available to your business.

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