Failing to have an adequate level of public liability insurance could put your personal assets at risk should an incident occur.
The construction industry is set to benefit from the repeal of a number of unnecessary pieces of legislation, according to Master Builders Australia.
Workers' compensation insurance is compulsory, so it is important you have the right cover in place to ensure are line with industry regulations.
If you are taking a cruise in the near future, it is important that you have comprehensive travel insurance to cover your trip.
Organisations that offer income protection insurance as part of an employee benefits package may find they are able to attract better talent.
WA-based tradies may need to upgrade their machinery and equipment insurance, as more businesses look set to invest in this area to achieve growth.
A government review of small business taxes has been welcomed by Master Builders Australia. The organisation suggested it could benefit independent contractors.