Business insurance costs in Australia vary significantly based on industry risk, location, turnover, and chosen policy types, typically ranging from $1,200 to over $10,000 annually. A small home-based sole trader or consultant purchasing basic public liability insurance may pay between $500 and $1,200 a year, whereas retail stores, construction firms, or hospitality venues requiring comprehensive business packs, tools, and professional indemnity face higher annual premiums reflecting greater operational hazards.
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