Those who work in Australia’s bustling retail sector will be pleased to hear that robbery rates are at an all-time low.
According to the New South Wales Bureau of Crime Statistics and Research, the number of thefts that have taken place since 2000 has decreased dramatically in most places around the country.
On August 12, it was revealed that between 2001 and 2009, Australia’s robbery rate fell by a whopping 49.1 per cent.
New South Wales came out on top, witnessing an impressive 58.9 per cent drop in thefts during this nine-year period. Tasmania also saw a decline of 29 per cent.
Dr Don Weatherburn, who is the director of the New South Wales Bureau of Crime Statistics and Research, said a wide range of factors may have contributed to this decrease in thefts.
In particular, he noted that the average Australian is now on a much higher weekly salary than they were at the beginning of this century, and said this may be one of the “factors in play”.
Other suggestions were that our country now has tougher legislation, and that police tactics have changed.
However, the news isn’t all good. Both the Northern Territory and ACT actually experienced increases in robbery rates between 2001 and 2009.
ACT saw 11.3 per cent more thefts taking place during that time, while the Northern Territory saw a shocking 53 per cent increase.
This just goes to show that even if you do everything in your power to prevent someone entering your business unlawfully and stealing your assets, break-ins can still occur.
While you may not be able to prevent these break-ins from happening altogether, with retail insurance you can make sure they don’t destroy your business.
MGA Insurance Brokers is adept at organising small business insurance plans that contain theft cover.
Talk to us today, and protect your business.