The royal commission into Australia’s financial services sector continues to reveal how customers’ lives have been ruined by financial advice at the big banks, but those in the finance space are predicting the investigation will also change the game for smaller operators and independent financial … [Read more...] about Reputations in the Financial Services Industry have been savaged!
Many of you would be unaware that existing legislation dealing with unfair contracts, does not apply to insurance. Given the generally held distrust of insurers who “use the small print” to escape from paying genuine claims, some people would say that is a position which shouldn’t continue...and … [Read more...] about Unfair contract laws to be extended to insurance
Employers may sometimes come across job applicants who have embellished, exaggerated or stretched the truth about their qualifications, skills and experience in order to gain employment. While lying on a job application through a résumé, CV, cover letter or job interview may not be a criminal … [Read more...] about An employer’s right of dismissal for lies in a job application
A lack of understanding around what insurance jargon refers to could cost you dearly. Here are some industry terms and concepts you should be clear about before signing anything. Insurance is a contract (i.e. a legally enforceable agreement) between two or more parties. It typically involves an … [Read more...] about What insurance terms mean
Nobody likes checking documents with a fine-tooth comb, but being careful with your mobile phone contract can save you some expensive mistakes. We all know we should read the small print before signing anything, but who does? We just want it now!!! As part of an April Fools Prank in 2010, game … [Read more...] about The hidden dangers in your mobile phone contract
When was the last time you had your jewellery valued? And what about that fine art collection in your home or office boardroom? Whether you have the odd piece or a truckload, chances are your precious items are worth a lot more than you think. Fine art is not just limited to paintings and works on … [Read more...] about Valuables and Collectibles insurance. Valuation updates now due?
Some employers would say yes, but the experts agree that you can’t supplement a poor work culture with employee benefits. You can use employee benefits to reinforce your company culture and show staff they matter, but you must have a good culture to start with, otherwise employee benefits won’t … [Read more...] about Are employee benefits the key to retaining good staff?
The Labour Hire Licensing Act 2017 (Qld), which commenced on 16 April 2018, aims to protect workers from exploitation by providers of labour hire services and to promote the integrity of the labour hire industry through a licensing scheme. The Act will apply to those who, as part of carrying on a … [Read more...] about A Snapshot of the New Labour Hire Licensing Laws