• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Business Report
    • 20 Top Research Organisations
    • Tobacco Laws
  • Takeovers & Mergers
  • Doing Business
    • Start-up
    • Tax Review
  • Video
  • Biz Directory
    • Free Directory Listing
    • Links
  • Guest Post
  • Contact
    • About

Australian Business News and Times

Business News ,Reports and Times of Australia

  • 2011
    • 2010
  • Business
    • Small Business
  • Mining
  • Real Estate
  • Australia
    • Australian
    • ASX
  • Finance
    • Report
  • Offers
  • Times

Carbon price

The Benefits of a Freight Forwarders Liability Insurance

May 13, 2019 by Reporter Leave a Comment

cargo insurance and rates

Transporting cargo across national and international borders is now easier than ever. Many shipping companies even operate across continents with ease. However, everyone involved in the delivery of these products always experiences worries on whether the cargo will arrive on time and whether it will get damaged in transit. In case the goods get damaged, everyone involved will have to pay huge sums of money in legal settlements, and that can be very bad for business. To reduce the stress involved in the transport of cargo, you should consider taking out an insurance plan for freight forwarder.

Benefits of a Freight Forwarder Liability Insurance

Here are some of the reasons why you should take a freights forwarder liability insurance policy:

  1. It Protects You from Legal Liability

Your company could stand to lose a lot of money if a client takes legal action on the loss or damage of their cargo. Since you are not in direct control of the goods, you can reduce the potential losses from such cases by taking out an insurance plan. With such a policy, the insurance company will be responsible for the payments resulting from the loss or damage of the goods. In fact, they will also cover business interruptions arising from the events. In other words, a freights forwarders liability insurance plan will transfer the legal risks to the insurance company.

2. It Protects Your Property and Contents

Natural calamities may strike at any time, and there’s no telling whether they will affect your business. The only sure way to make sure you don’t suffer losses when these events occur is by taking out a freights forwarders liability insurance plan. These insurance policies typically cover all services offered by the distribution, storage, and transport of cargo. Your property is used to performs some of these functions, and that means it is automatically covered in the plan.

3. It Protects You From Employer Liability

Very few things can stress an employer more than the threat of getting sued by an injured or sick worker. These compensation claims are usually very high, and they can easily cause financial stress in your company. With a freights forwarders liability insurance plan, you will be covered from this liability. That means any employee who gets injured because of their work will be compensated by the insurance company.

4. It is Affordable

Unlike many other forms of insurance, freights forwarders liability insurance is able to cover many things under a single umbrella. As mentioned earlier, the insurers endeavour to cover all the services offered on the cargo, and this includes its transport and storage. The result of this is that you will not have to pay multiple fees for different types of covers. You will eventually eliminate the duplication of services, and that will keep the pricing as low as possible.

Conclusion

Freights forwarders liability insurance is essential to all parties involved in the delivery of goods, particularly if the transaction is made across international borders. With this insurance, you will be protected from legal issues that may arise from the damage of loss of the goods. You will also protect your property and will receive coverage for any injuries on your workers. You can visit insurance brokers to get the best deals on the market.

Featured Photo © Pixabay

About The Author:

Caroline Bird is a creative writer and digital marketer. She loves sharing her perspective, tips and how-tos related to home improvement, productivity, business, technology, and SEO through her writing. Connect with Caroline via @bCarolinebird12

Filed Under: Finance, Insurance, Small Business Tagged With: Carbon price, Insurance covers, Online

Australian Carbon Tax 101

June 30, 2012 by Reporter Leave a Comment

While carbon price and carbon tax is all over the news, many people actually dont know  what its all about specifically. Below is a guide  and FAQ to get your facts  and info on the carbon price in Australia  and its effect on the common man  as well as business

carbon tax and price australia Info File Guide fact sheet

What is the carbon price or  carbon tax ?

The carbon price is not a tax on  Australians, but a  tax levied on 260 companies and  34 councils. You might ask why  councils ?, because councils deal will landfills and waste  which adds to pollution they will have some carbon price to pay.

Who is exempt from the carbon price (tax) ?

Agriculture – carbon price will not apply for agricultural emissions

Family car – Emissions from the family car and light  on road vehicles

How ill the carbon price  effect the common man ?

Some of the costs borne but  the top companies having to pay the carbon tax will be passed onto consumers  which will most likely be in Electricity , GAS and FOOD

According to modelling done by CSIRO _ AECOM on likely increase in prices due to this

Electricity bills could increase by $2.80 aweek

Gas By 0.40 cent a week

Food by  $1.20 a week

 

Compensation for the Utilities price rises to common man

$15 billion will be allocated to low and middle income households in the form of tax cuts and increased government payments.

Household assistance – Average assistance of $10.10 a week, and means 6 million households will be either no worse off or slightly better off.

From 1 July, the tax free threshold has been raised from $6000 to $18,200, which will mean a million people no longer having to fill out a tax return.

It will be raised again by $1200 to $19,400 in 2015-16.

1.7% rise for pensioners and recipients of the Family Tax Benefit, delivered as advance payments in May and June.

 

Business and carbon tax

 

Very few employers are said to be directly affected by the carbon tax,  with only 500 large businesses said to be affected directly.

The government has allocated $9 billion to the industries that will be hit hard  and  who employ a lot of people in Australia . These companies will be assisted due to keep them competitive with their international competitors during this adjustment period. Its mainly Heavy industries like , Steel, aluminium, and cement manufacturing .

 

Where does the carbon tax received  go ?

While the government is collecting this tax  to develop clean energy, a significant part of this money received will be used to cerate new Clean energy technologies and  create new jobs in this sector

This includes the

$10 billion Clean energy  Finance corporation

$1.2 billion Clean technology program

 

Carbon tax , GST and tax return ?

The carbon tax  has nothing to do with individuals  and will not appear on you tax return or in a bill that you receive from a retail shop ( shopping bill). It is only a tax on large 500 companies

There will be some initial price rises to utilities, food and some other goods as companies pass on the costs of the carbon price to consumers.
The Australian Competition and Consumer Commission (ACCC) will be monitoring price rises during this period . Any unfair price rises can be reported on their hotline number is 1300 303 609.

 

Calculator the impact of the carbon price on my family / household?


There is an easy online tool to calcuate the impact carbon price on your family. The carbon price tool is based on independent analysis undertaken by CSIRO and AECOM, based on research commissioned by The Climate Institute,  Go to http://www.yourcarbonprice.com.au/

 

Which companies and industries pay the carbon tax ?

Companies and councils individually generating more than 25,000 tonnes of carbon dioxide a year will be required to pay for their emissions under the carbon pricing mechanism.

Companies that directly emit greenhouse gases, such as power stations, mines and heavy industry, and some public authorities (councils)responsible for emissions from landfill

Why carbon tax in Australia ?

Before the introduction of the price on carbon or carbon tax , big companies could pollute as much as they liked for free. But the carbon price puts an economic  and dollar value on pollution and treats it as a cost of doing business.

It works this way by requiring large companies that pollute  to buy a permit valued at $23 for every tonne of carbon pollution they emit into  Australia. The more emissions, the higher the financial cost for the polluter. This will help us not get to a stage  like other countries like China  and India  who are facing major pollution problems and need to invest billion of dollars in trying to solve this problem.

Info Links:

  • www.cleanenergyfuture.gov.au
  • www.yourcarbonprice.com.au
  • INFOGRAPHIC – Carbon Price and cost of living joint report.pdf

Filed Under: 2012, Business, Government, TAX, World Tagged With: Australia, Carbon price, Carbon tax

Primary Sidebar

Search

Like us on Facebook

Our Twitter Feed

Tweets by @AusBizChannel
Protected by Copyscape Website Copyright Protection

Counter

Footer

Featured Page

research in australia

20 Top Research Organisations

We are compiling a list of top 20 and more research organisations  which are in the government as … Read more about 20 Top Research Organisations

acquistion

Takeovers & Mergers

List and updates Of the latest  Company Takeovers … Read More about Takeovers & Mergers

funding from govt 2017

Australian Business Grants

Establishing a business anywhere in Australia … Read More about Australian Business Grants

listing directory australia

Australian Business Directory

If you are looking for a Free or paid listing on a … Read More about Australian Business Directory

About

About - Australian Business Report and … Read More about About

Guest Post for us

Join Australian Business … Read More about Guest Post for us

Copyright © 2025 · News Pro on Genesis Framework · WordPress · Log in