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    Equipment Insurance Articles

    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    In the bustling world of business, safeguarding your assets is crucial. This is especially true for industries reliant on machinery and equipment. One essential type of coverage for such businesses is plant and equipment insurance. It provides financial protection against risks associated with the loss or damage of your essential tools. - read more
    General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
    General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
    When it comes to running a business, insurance is one of those things that often gets overlooked. However, understanding the different types of insurance is crucial for protecting your business assets and ensuring your peace of mind. Among the many options available, plant and equipment insurance is vital for businesses that rely on machinery and various tools. - read more
    Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
    Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
    When it comes to running a small business, particularly in sectors like construction, having the right insurance is essential. This is where plant and equipment insurance comes into play. It protects your valuable machinery and tools, allowing you to focus on your projects without the constant worry of potential financial loss. - read more
    Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
    Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
    Plant and equipment insurance is a specialized type of coverage designed to protect your crucial assets. This insurance typically covers machinery, tools, and various equipment used in the operations of your business. It ensures that, in the event of damage or theft, you won’t face major financial setbacks. - read more
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Plant and equipment insurance is a specialized type of coverage designed to protect construction and contracting businesses against financial losses related to their machinery and tools. This includes any equipment used in the delivery of services, such as excavators, cranes, and other vital equipment. In essence, this insurance safeguards your investment, providing peace of mind as you focus on your projects. - read more

    Insurance News

    QBE Insurance's Premium Growth Deceleration Impacts Share Value
    QBE Insurance's Premium Growth Deceleration Impacts Share Value
    29 Nov 2025: Paige Estritori
    QBE Insurance Group, a prominent player in the Australian insurance sector, has recently experienced a notable decline in its share value, reaching a seven-month low. This downturn is primarily attributed to a slowdown in the company's premium rate growth during the third quarter of the 2025 fiscal year. - read more
    ACCC Scrutinises IAG's Bid to Acquire RAC Insurance
    ACCC Scrutinises IAG's Bid to Acquire RAC Insurance
    29 Nov 2025: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has recently voiced concerns regarding Insurance Australia Group's (IAG) proposed acquisition of the Royal Automobile Club of Western Australia's (RAC) insurance business. Valued at A$1.35 billion, this deal aims to expand IAG's footprint in Western Australia. However, the ACCC warns that such consolidation could diminish competition in the state's motor and home insurance markets, potentially leading to higher premiums and reduced service quality for consumers. - read more
    QBE Insurance Faces Market Challenges as Premium Growth Slows
    QBE Insurance Faces Market Challenges as Premium Growth Slows
    29 Nov 2025: Paige Estritori
    QBE Insurance Group, Australia's largest insurer by market value, has recently experienced a significant downturn in its share price, reaching a seven-month low. This decline is primarily attributed to a slowdown in the company's premium rate growth during the third quarter of fiscal 2025. For tradespeople across Australia, this development could have notable implications, particularly concerning insurance premiums and coverage options. - read more
    ASIC Highlights Concerns Over Self-Managed Super Fund Advice
    ASIC Highlights Concerns Over Self-Managed Super Fund Advice
    29 Nov 2025: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has recently raised significant concerns regarding the quality of financial advice provided to individuals about self-managed superannuation funds (SMSFs). This development is particularly relevant for tradespeople considering SMSFs as a means to manage their retirement savings. - read more
    Regulators Call for Action as Australia Faces Retiree Wave
    Regulators Call for Action as Australia Faces Retiree Wave
    29 Nov 2025: Paige Estritori
    Australia's financial regulators, the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), have issued a strong warning to the country's A$4.5 trillion superannuation industry. They emphasize the urgent need to prepare for an anticipated influx of approximately 2.5 million retirees over the next decade. This development holds significant implications for tradespeople, many of whom rely on superannuation funds for their retirement savings. - read more

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