MGA Independent Retailer Magazine - February 2021 - Issue 1

Page 39

CORPORATE PARTNER ADVERTISING

39

NATIONAL Pic cap – (Insert slide 23 – Hierarchy of controls here) Stage three consists of:

• Assessing the residual risk with all

the controls and mitigating actions in place.

• Assessing the likelihood of an

incident occurring considering the effect of the controls.

for the inherent rating. The reason for this is that the consequence will always be the same if all the controls fail to prevent an incident. Mr Doherty also pointed out that if a business owner’s residual risk is still assessed as high, then they must apply further mitigating controls to bring the risk to at least medium.

• Remembering that administrative

controls such as work instructions and PPE are the least effective type of controls.

• The consequence rating will not

For more information visit the MGA TMA web site at: www.mgatma.com.au

change from the assessment given

Are you prepared for La Niña? Craig Love | Senior Risk Adviser, Adroit Insurance & Risk

The Bureau of Meteorology has declared a La Niña is officially underway, signalling we could be in for a wet spring and summer. The last major La Niña events were in the summers of 2010-11 and 2011-12. They resulted in 2010 to 2012 being Australia’s wettest two-year period on record. Flooding was widespread and devastating. In early 2011, large parts of South-East Queensland were underwater; the Lockyer Valley was hit by a cascade of water coming off the Toowoomba range,

and Brisbane saw its worst flooding since 1974.

watercourse, whether or not altered or modified; or any reservoir, canal, or dam.”

In 2010-2011, regional Victoria also witnessed widespread flooding, with many rivers experiencing their highest recorded flood levels. We can easily forget flood cover whilst we have drought and bushfire.

A few questions to ask yourself: • Do I have assets (business or personal) in a flood-prone area?

Remember, the definition of Flood is – “The covering of normally dry land by water that has escaped or been released from the normal confines of: any lake, or any river, creek or other natural

• Am I covered for flood damage? Has this been documented in writing?

• If you are unsure, please contact your Risk Adviser, and we will assist

It is better to be prepared and on the front foot rather than receive that dreaded call where your property has been damaged by flood and you do not have the correct cover in place.

If you would like to discuss any aspect of your supermarket insurance program, please contact our specialist supermarket Risk Advisers at Adroit Insurance & Risk on 1300 My Adroit for a free health check on your supermarket insurance program.


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

Are you prepared for La Niña?

2min
page 39

Asahi Holdings Australia appoints new chairman

1min
page 44

Bond Seven, new look, same delicious taste

0
page 41

Implementing Risk Management into your business

6min
pages 37-38

Small business sector demonstrates resilience in COVID crisis: report

2min
page 16

SPAR Supermarkets Australia celebrates 10 years

0
page 32

IGA Mascot NSW

3min
pages 30-31

Small actions can make a big difference - Sustainability in the workplace

5min
pages 34-35

Jail for masterminds of record WA cigarette importation

2min
page 33

Provans scholarships

2min
page 36

Queensland - It’s the last straw for single-use plastics

1min
page 29

WA Minister for Small Business Paul Papalia thanks MGA WA Director Ross Anile

0
page 28

MGA TMA - Waste and the Australian Circular Economy

3min
pages 17-18

WA CDS - Letter from Michael Rowe

1min
page 27

Circular Economy Solution insights - Packaging

0
page 19

Long-awaited Illicit Tobacco Report released

2min
page 26

MGA TMA voices concern over proposed payments platform merger

4min
pages 14-15

CEO welcome

2min
page 5

Attorney General releases proposed Industrial Relations Reforms that will benefit the Australian economy

3min
page 11

Looming changes for casual engagement

3min
page 8

Fairly Dismissed

3min
page 9

2020 MGA TMA National AGM and Industry Update – Australian Circular Economy Solutions

5min
pages 6-7

Ombudsman backs ACCC’s concerns over Woolworths’ PFD tilt

2min
page 13

Individual Flexibility Agreement. What are they and how are they created?

3min
page 10

Insolvency reforms a boost to small business owners

1min
page 12
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.