No one could help but be touched by the scenes of utter devastation caused by the recent floods in Queensland and Victoria.

Looking beyond the immediate human drama, however, major issues are emerging for the business community as the financial consequences percolate through the economy. There are a few cautionary tales to be heeded as well.

In this edition, we take a look at some of those issues and their potential effect on your business and our region.

 

Kind regards




David Carpenter
Partner


Disaster Recovery Planning – Murphy’s Law
A disaster could hit your business at any time and in any form.  The outcome can be devastating if you don’t have a Disaster Recovery Plan (DRP)

Insurance – the good, the bad and the necessary.
Rebuilding lives and businesses can be compounded by insufficient or inappropriate insurance. So how would you fare under similar circumstances?

The Impact of the Queensland floods on business in our region
While Australia's mining industry has borne the brunt of the economic impact from massive floods in Queensland, other sectors have been hit hard too.

NSW State Election – How a change in government could affect your business
If Labour gets the boot in March, what has Barry O’Farrell got to offer?

Looking for a finance package that wraps up all your needs?
Talk to Alan Johnston, head of our Finance Brokerage.

 

Disaster Recovery Planning - Murphy's Law

Murphy’s Law states that ‘ if anything can go wrong, it will.’

The recent flooding in Queensland and Victoria has led to the realisation of many small to medium business owner’s worst nightmares.  A disaster could hit your business at any time and in any form.  The outcome can be devastating if you do not have a Disaster Recovery Plan (DRP).

A good DRP will encompass contingency plans for all possible disasters both natural and human influenced.  For most small to medium sized business owners DR planning doesn’t rate highly on their list of priorities as they are normally working in the business rather than on the business. However, now might be good time to focus some attention on this often neglected area of business management.

Here’s a step by step process to help you develop your own DRP. Read more

 

ARE YOU READY TO DEAL WITH DISASTER?
Click here to download your FREE Disaster Ready Checklist 

 

Insurance - the good, the bad and the necessary

The recent floods have resulted in major disruption and dislocation to the lives of thousands.

For many, the burden of rebuilding lives and businesses is compounded by insufficient or inappropriate insurance. So how would you and your business fare under similar circumstances? Now is the perfect time to reflect on and review your insurances.

First, let’s examine the concept of force majeure before we take a look at some essential areas of insurance you need to consider. Read more



The Impact of the Queensland floods on business in our region

While Australia's mining industry has borne the brunt of the economic impact from massive floods in Queensland, agriculture, construction, transport, tourism and retail have also been hit.                                                               
 
Following is a list of sectors and companies affected and the potential effect on business in NSW and the Hunter. Read more



NSW State Election - How a change in government could affect your business

New South Wales goes to the polls on 26 March to decide who will run the state for the next four years. All indications are that fed-up voters are about to hand the incumbent Labour government a defeat of catastrophic proportions in protest against the regime's well-documented failings, culminating in the current ‘Power Assets Sell-off’ debacle.

So, if Labour goes, what of the alternative Coalition government?  How do they plan to manage the state's assets, taxes and the growing NSW population?

And what does a Barry O’Farrell Coalition government mean for your business?

Following is précis of some relevant Coalition polices. Read more




Looking for a finance package that wraps up all your needs?

Talk to Alan Johnston, head of our Finance Brokerage. With access to a wide range of trusted finance providers, Alan will tailor a package to help you achieve your business goals. Call (02) 4928 8500 or click here for more information.

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