The trucking industry is a very significant player in Australia’s economy. Since the country has a low population density and long distance markets, people in the country depend on road freight for their business and personal needs. The Australian trucking industry is behind almost every item on our supermarket shelves or about ¾ of the […]
If you transport cargo anywhere in Australia, no cargo is cheap. The risks you face cannot be simply measured based on how much your cargo costs. Here is why you should need horse transport insurance. Livestock and horse transport must be covered with the right insurance policy. As a livestock carrier, you face certain risks such […]
In Australia, oversized carriers are used extensively to deliver oversized loads. Items such as manufacturing equipment, components, generators, military equipment, and all other overweight or oversized cargo that is too heavy or too big to fit into a container fall under this category. Heavy haul trucking poses risks that could devastate a business without the […]
More than 46,000 businesses in the Australian trucking industry operate across the various states and territories in the country. Most of Australia’s freight is moved within states but the market for interstate freight is steadily rising. Forecast for freight growth on the short haul sector is very positive such as Sydney- Melbourne and Sydney-Brisbane. Short […]
Trade Debtors Finance refers to funding options using the company’s accounts receivables as collateral. In general, companies that have minimum working capital run into cash flow difficulties when invoices are paid under 30 day terms. Slow paying invoices can be used for debtor finance solutions to improve the company’s cash flow position and enable it […]
There are many finance options for plant or equipment needed for your business operations. By getting finance, your business won’t spend thousands of dollars on equipment that you can lease or rent over an agreed period. You can acquire expensive vehicles, yellow goods, industrial machinery or farm machinery and essentially manage your cash flow. […]
Commercial Vehicle Leasing Many business owners don’t want cash to be tied up in assets with depreciating value. Unpredictable cash flow during the slow months also makes maintenance and other business costs difficult. To reduce depreciation costs and negative cash flow impact, commercial vehicle leasing can be a smart option. If vehicle acquisition […]
Commercial Vehicle Finance In Australia, the freight transport industry uses light vehicles, rigid trucks, articulated trucks and buses. More than $48 billion dollars per year is generated by the industry with an annual growth rate of 2.4% based on statistics from ABS. Freight transport financing for buses and trucks represents an estimated 16% […]
Partnership Insurance Partnerships also come with risks. In case one partner dies, the surviving partner will suddenly find himself in business with the spouse or family members of the deceased partner. The situation may be amicable or unpleasant, but the option for a buy-out must be available. The cost of buying out a deceased […]
Keyperson Insurance Why should you get keyperson insurance? In every company, there are valuable employees who are essential to the operations of the business. In the event that life’s circumstances like illness or other unexpected events take them away, a company can suddenly experience financial vulnerability due to the loss. Key person insurance protects […]
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