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POSTED BY in Blog, Risk Management, Safety - TAGS

Know For Sure, Before You Pour – Chemical Safety

While your business may not require large supplies or varieties of hazardous chemicals to function, all businesses will handle certain types of chemicals, examples include cleaners and sanitisers.  These materials can cause serious injury if workers are exposed to them and not immediately treated. Similarly, some flammable liquids may be stored in your facility for specific uses which can cause…

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POSTED BY in Blog, Chain of Responsibility, Risk Management - TAGS ,

CHAIN OF RESPONSIBILITY – 1 month in

With October now becoming a distant memory, the reformed Heavy Vehicle National Law (HVNL) is now well and truly enforced. Under the reforms, everyone involved in the transport function of a heavy vehicle has a non-transferable positive duty to ensure, so far as is reasonably practicable, the safety of their transport activities related to the vehicle. This responsibility is otherwise…

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POSTED BY in Blog, Safety - TAGS , ,

How to Manage a Hardening Insurance Market

Unprecedented decline in insurance premiums is over Until late 2017, insurance market pricing had been in a state of decline for an unprecedented period of years, leading many to speculate that the traditional cycle is over. However, the claims environment changed dramatically in 2017 as natural catastrophes in the second half of the year, including hurricanes Harvey, Irma, Maria, earthquakes…

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POSTED BY in Blog, Crisis Management, Reputation, Risk Management - TAGS

Dreamworld Are Mismanaging Their Crisis – But Is Your Business Any Better Prepared For Disaster?

Last month, four lives were cut tragically short in an accident on the Thunder River Rapids ride at the Dreamworld theme park. Since then, serious concerns have been raised about the actions of the board, particularly concerning their handling of the tragedy itself. Regular equipment breakdowns and an inexperienced employee left in charge have led to accusations the company didn’t…

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POSTED BY in Blog, Reputation, Risk Management - TAGS , ,

South Australian Blackouts Put Spotlight on Business Continuity Planning

With many businesses left counting the cost – likely to run into the billions – of the “once in a 50-year” storm, many businesses are now taking a second look at their business continuity planning. Following the blackout, many food and beverage companies were left scrambling, as freezers and chillers lost power and food started spoiling. Others, including many businesses…

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POSTED BY in Blog, Risk Management, Safety, Supply Chain

The Chain of Responsibility: Your Legal Obligation to Safeguard Every Vehicle in Your Supply Chain

Just three years ago transport group McAleese were riding high: after winning a large contract to deliver fuel to 7/11 service stations, the firm was about to be listed on the stock exchange. But after an initial listing at more than $1.47/share, McAleese’s fortunes have plummeted, and the company recently went into liquidation. In August 2016 the share price dropped…

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POSTED BY in Blog, Reputation, Risk Management, Strategic Risk - TAGS , ,

New Report Reveals Many Food & Beverage Companies Still Playing Catch-up on Corporate Governance

A recent report, commissioned by the Investor Responsibility Research Centre Institute[i], has revealed that many businesses are at risk due to a low level of understanding of threats at board level, and of food safety in particular. Although the report found that expertise was relatively common at management levels, there was a significant lack at board level, with “little food…

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POSTED BY in Blog, Risk Management, Strategic Risk - TAGS

Australian Companies Are Delaying Key Decisions Because of Economic Uncertainty – But Is This Strategy Actually Increasing Their Risk?

For a country famous for its stable politics and economy, Australia is facing a rare moment of uncertainty. After a disappointing election result for the Coalition, the government’s flagship policy of lowering company tax is in doubt, and concern over the viability of the latest budget has also led to Standard & Poor’s revising Australia’s credit rating outlook. The agency…

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