Latest News

Back to Latest News back

 

AALARA urges members to respond to Australian Small Business Ombudsman’s insurance crisis interim report

AALARA urges members to respond to Australian Small Business Ombudsman’s insurance crisis interim report
October 25, 2021

Following on from the Australian Small Business and Family Enterprise Ombudsman's Interim Report into the insurance crisis impacting attractions and tourism, the Australian Amusement, Leisure and Recreation Association (AALARA) is urging its members to respond.

Published on Wednesday, The Show Must Go On interim report from the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) explores whether the creation of a Discretionary Mutual Fund (DMF) would solve the insurance crisis facing Australia’s amusement, attractions and tourism industry.

The Ombudsman has supported AALARA's notion to establish an industry-owned Discretionary Mutual Fund as the most durable and secure pathway forward for the industry.

However, with the interim report seeking urgent feedback on the ideas and questions it raises from stakeholders by Wednesday 3rd November, AALARA has advised its members “you have only days to show your support.

In a communication to members, AALARA advises “now is your chance to support your industry and ensure that we never are put in the position where insurance challenges stand in between you operating and making a living, or not.

“We have a window of less than two weeks where we can provide comment on the report, for consideration for the Federal Government to understand the importance of our industry, and support us going forward.

“Sharing your experience will go a long way to assist us ensure the Federal Government values our amusement, leisure and recreation industry enough, to back us.

“We don't want up to 750% increases in premium costs for our members. We don't want instability from our insurance providers. We want a long-term, industry-owned solution that ensures safety for our guests, security for your business and smiles for many more years to come.”

Click here to link to a short survey on the DMF.

Click here to view The Show Must Go On interim report and overview

Submissions on the report should be sent by COB 3rd November 2021 to: inquiries@asbfeo.gov.au

About the author

Nigel Benton

Co-owner / Publisher, Australasian Leisure Management

Nigel Benton is the co-owner and publisher of Australasian Leisure Management, Australia and New Zealand’s only magazine for professionals in all areas of the leisure industry. Having established the magazine in 1997, shortly after his relocation to Australia, he has managed its readership rising to over 11,500 and its acceptance as the industry journal for professionals in aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues.

As of 2020, he has launched the new Asian Leisure Business website.

Among a range of published works and features, his comments on a Blog (blogspot) from 2007 to 2011, when this website went live in its current form, may be interesting to reflect back on.

Click here to connect with him via LinkedIn.

Read more from this author

Related Articles

24th October 2021 - Queensland Government launches pop-up vaccination clinics at sports clubs, theme parks and in entertainment precincts

21st October 2021 - Opening of Sea World’s new wooden rollercoaster delayed until Easter 2022

20th October 2021 - Ombudsman’s insurance crisis report says ‘the show must go on’

18th October 2021 - 2021 Royal Hobart Show to proceed

15th October 2021 - Live music sector continues call for national event insurance scheme

12th October 2021 - Australian Government to provide additional $25 million to support Agricultural Shows

8th October 2021 - Federal Court rules against business interruption insurance policy holders in test case on Coronavirus payouts

28th September 2021 - AALARA President defends Adventure World in enforcing ride weight restrictions

12th August 2021 - HIB Insurance Brokers able to offer cover for amusement, entertainment and tourism businesses

11th August 2021 - Australian live entertainment groups call for federal insurance guarantee

2nd August 2021 - AALARA works through solution to insurance market challenges

7th July 2021 - Public liability insurance crisis further impacting Queensland country shows

4th May 2021 - Small businesses in Northern Australia to benefit from Federal Government reinsurance pool

3rd May 2021 - Moving to address industry insurance crisis AALARA releases survey on Discretionary Mutual Fund

12th April 2021 - Failure to secure insurance see Australia’s last circus with exotic animals move to retire its lions and monkeys

2nd April 2021 - Save Victorian Events highlight Bluesfest cancellation as confirmation of need for Governments to back event cancellation insurance

24th March 2021 - AALARA presents need for Federal Government backing for insurance crisis resolution at Canberra meetings

12th February 2021 - Inability to secure insurance forces closure of Barra Fun Park in Townsville

6th February 2021 - Rise in insurance premiums impacts Indigenous rangers’ bushfire prevention work in Western Australia’s Kimberley

2nd February 2021 - Tasmanian Government helps tourism attractions with insurance contributions

14th January 2021 - QTIC to survey operators on insurance crisis

12th January 2021 - Sportscover partners with Sport Climbing Australia to offer insurance for climbers

29th December 2020 - Ombudsman’s report calls for action in addressing ‘national crisis’ in insurance coverage

10th December 2020 - Insurance crisis set to force closures of Australian attractions and adventure tourism businesses

16th November 2020 - Industry operators impacted by rising insurance premiums

22nd October 2020 - Festival promoters call for Federal Government insurance scheme

12th June 2020 - Insurance refusals impacting adventure tourism operators

15th September 2018 - Commercial trampoline centre operators struggle to secure insurance

30th December 2014 - Queensland entrepreneur launches new adventure tourism insurance company

13th November 2014 - Rolling Stones battle insurance underwriters over for $12.7 million tour cancellation claim

4th May 2011 - Amusement Ride Static and Transit Insurance


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

WATERPLAY Solutions Corp

Whether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…

read more

Aquatics / Attractions / Play / Recreation / Waterparks

 
 

TECHNOGYM AUSTRALIA

Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia  and Australia, Technogym exports its…

read more

Fitness / Technology / Wellness

 
 

COMMERCIAL AQUATICS AUSTRALIA

Commercial Aquatics Australia provides aquatic solutions nationwide and is one of the largest and most experienced companies specialising in the design, construction, renovation, service, maintenance…

read more

Aquatics / Design / Play / Waterparks

 
 

METRA Australia

With industry leading solutions in design and durability you can improve your facilities with our access control operations, payment systems and flexible personal locker storage solutions. Your…

read more

Aquatics / Attractions / Fitness / Recreation / Security

 
 

Pricemark Pty Ltd

Pricemark supplies a wide range of custom branded membership & RFID access products for the Health & Leisure Industry. 

read more

Access

 
 

BODY BIKE AUSTRALIA

BODY BIKE® International is a leading manufacturer of indoor bikes with a 20-year track record of creating the best indoor bikes. Stay connected with Body Bike Australia…

read more

Fitness / Recreation / Sport / Technology / Wellness

 
 

Digonex

Digonex is a leading provider of customised dynamic pricing solutions to clients in arts and entertainment, sport, attractions, cultural institutions and retail sectors. Digonex’s technology is…

read more

Attractions / Entertainment / Sport / Technology / Ticketing

 
 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business