For many Australian businesses, Asia represents a considerable opportunity to lower input costs and access potentially lucrative markets. However, executives and managers need to fully understand the risks as well as the rewards of locating operations or increasing supply chain exposure in Asian countries.
Australia has dropped nine places – from 66th to 75th – in cyber resilience, driven by a 3% rise in internet penetration, according to the 2018 FM Global Resilience Index. Find out more about this year's global resilience rankings.
The Resilience Index is the first and only publicly available data-driven tool to annually rank 130 countries and territories by the resilience of their business environments. This year’s index reveals Australia is again among one of the most resilient countries globally, ranking 17th overall.
Australia has made meaningful progress on reducing risk to lives and property in the wake of the Grenfell Tower disaster. But this will be cold comfort for building managers trying to work out what they need to do with properties that are already fitted with cladding.
FM Global, one of the world’s largest commercial and industrial property insurers, has released new research on oxygen reduction systems, finding them a potentially adequate fire protection method for certain well-sealed, unoccupied spaces.