The PRWIRE Press Releases http:// 2017-04-20T04:48:44Z Banking on a sustainable future for our regions 2017-04-20T04:48:44Z banking-on-a-sustainable-future-for-our-regions Through its partnership with Landcare NSW, Regional Australia Bank is continuing to lead the way in Corporate Social Responsibility, donating $1 for every member that switches to online statements. Over the last four years, Regional Australia Bank has donated over $18,000 to Landcare NSW, a contribution State Landcare Coordinator Sonia Williams says is vital to local Landcare groups. “Without Regional Australia Bank’s support, many local Landcare groups would not be able to undertake their environmental conservation, education and sustainable agricultural projects,” Ms Williams said. “Regional Australia Bank’s contribution not only helps us to assist groups showcase their projects and build connections with their community, it also helps us fund important training to show them how they can widen their net of potential funding to help deliver their projects.” This financial year alone, six local Landcare groups, across Regional Australia Banks service regions, were the recipients of this much-needed support - support that has ensured the success of their projects. They include Southern New England Landcare – Frog Dreaming project; Congewai Valley Landcare – Regent Honey Eater project; Wollombi Valley Landcare Field Day – Meeting of the Waters project; Landcare NSW - Crowd-Funding Training workshops; Manning Landcare - Farm Gate Tour and the Murrurundi Landcare Tidy Towns Committee – Page’s River Warrior project. Regional Australia Bank CEO Kevin Dupé said: “Regional Australia Bank is proud to have contributed to these worthwhile projects through our partnership with Landcare NSW.” “As a bank we are committed to setting ourselves significant sustainability goals that will help ensure the future of our communities. We also endeavor to inspire and empower our members to make ethical decisions of their own and it is heartening to see so many already doing so by making the switch to online statements.” Through partnerships like this, Regional Australia Bank is acutely aware of the role it can play by encouraging sustainability and it seems, others are now taking notice of this ingenuity too. “Recently, a member of our Executive Management Team, Darren Schaefer was awarded a scholarship to take part in the Prince of Wales Leadership in Sustainability Programme through the University of Cambridge,” said Mr Dupé. “This programme recognises influential senior leaders operating at a strategic level within sustainability and arms them with knowledge and techniques to address key sustainability challenges in a practical way.” The Bank also recently held its second Sector Sustainability Summit in Sydney with other like-minded institutions - discussing the establishment of sector benchmarks for sustainability reporting, reviewing best practice and exploring collaboration opportunities around the UN Sustainable Development Goals. Mr Dupé says this is all part of the bank’s ongoing focus to minimising its own impact on the environment and maximising social and environmental returns to its regional communities, in the same way its partnership with Landcare NSW has done. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Image caption: Lucinda Chapman (Landcare NSW) and Kevin Dupe (CEO, Regional Australia Bank) at the Armidale Creeklands Suite 4 Technology Park, Madgwick Dr, Armidale NSW 2350 Australia Phone: 02 6776 0000 Direct investment strategies likely to outperform according to report released today by BondAdviser 2017-02-05T22:30:00Z direct-investment-strategies-likely-to-outperform-according-to-report-released-today-by-bondadviser Melbourne: 3rd February 2017: Tactical trading strategies particularly in the direct securities sector will provide the strongest opportunities for Australian bond investors during the first half of 2017 according to a report released today by BondAdviser, Australia’s only specialist independent fixed income research platform.   The “First Half 2017 Outlook: Where to from here?” report also found the potentially steeper yield curve could make it difficult for Australian bond investors who are using index based methodologies and passive long-only strategies to outperform.   In 2016, gross issuance was limited in the ASX market with ~$7 billion printed across seven transactions and net issuance of $5.6 billion due to the redemptions.  Secondary volume improved (up 28%) compared to 2015, but sector diversity remained skewed with bank hybrids continuing to dominate the market.   Geoff Malkin, Managing Director of BondAdviser, commented: “The chase for yield is still on in 2017 with persistently low term deposit rates on the one hand and capital preservation on everyone’s mind in a 'Trump gone mad world’.  Access to the widest range of credit and interest rate securities that guarantee regular interest and certainty of maturity will be paramount to ensure stability in investors’ portfolios.”   Other key findings in the Outlook Report include: The inflexion point for equal allocation between credit risk and interest rate risk is fast approaching. Investors will have to be diligent and timely in their execution but the steepness of the swap curve should provide sufficient protection against any selloff; Demand for yield products could not be stronger and if anything, the lack of net issuance has created illiquidity and/or a scarcity premium; The expectation of low official interest rates for longer has not changed. The key now is understanding how international growth policies will affect the domestic yield curve; Analysis suggests we are in the final stages of the property cycle. Interest rates are expected to bottom out over the next 2 years and as a result, there will be downward pressure on asset prices.  Nearing the apex of the property cycle, prefer low-geared, diversified A-REITs with limited exposure to on-balance sheet developments will be most favourable; Regulatory reforms continue to dominate the health care sector where potential earnings volatility for service providers could spark concerns for debt investors; The performance of the ASX Listed Debt and Hybrid market in 2016 is unlikely to be repeated in 2017. While we expect demand to remain high valuations are no longer as favourable; Credit markets continue to be well-supported by solid fundamentals but political and macroeconomic risks have cast doubt into corporate capital investment and hence net issuance from corporate borrowers has been limited. The full Report is made available to BondAdviser customers and subscribers.  For more details please visit www.bondadviser.com.au  / Ends  Note to Editors The Outlook Report is available for interested media as a reference source.  Please contact Pru Quinlan.  About BondAdviser BondAdviser is Australia’s only specialist independent fixed income research platform providing valuable information and clear investment recommendations for all ASX-listed interest rate securities and a broad range of over-the-counter corporate bonds.   The company is not aligned to any financial services organisation and the executive team brings over 75 years’ combined experience in the fixed income sector.  Our highly-experienced team has developed a sophisticated and deep understanding of fixed income markets through long-term experience working in global and local bond markets, building impeccable credit management skills.  www.bondadviser.com.au  For more information please contact: Pru Quinlan Einsteinz Communications on behalf of Bond Adviser E: pru@einsteinz.com.au T: (02) 8905 0995 All systems go at South Hill Armidale play space 2016-11-20T23:52:40Z all-systems-go-at-south-hill-armidale-play-space Regional Australia Bank, a proud supporter of the South Hill Armidale Play Space, is pleased to report that works have started on the highly anticipated project with completion now set for December 2016. The project, which is the brain-child of the Armidale District Netball Association, started six years ago, however it wasn’t until the project was posted on Regional Australia Bank’s ‘Heart of our Community’ website that it gained genuine traction. “We started this journey back in 2010, when we identified as part of our strategic plan, a need for a safe and secure play space for children, close to the netball courts,” said Rochelle Joyce, Armidale District Netball Association. “By 2013 a change in priorities saw us focus on the play space a little more and that’s when we decided to launch our plans and post it on the ‘Heart of our Community' website and then just like that, the project took off and we raised $125,000 in just under 12 months.” The idea behind the project was to make it easy for women to get back into or engage in sport and physical activity after having children so Rochelle says it’s great to see this vision finally taking shape. The Play Space will feature state of the art equipment including a 3.5 metre climbing cube, a fort, a birds nest swing, two spinners and an embankment slide. It will also offer children a sensory experience with textured plants, a nature area and a fully fenced pathway linking the netball courts to the play space. Kevin Dupé, CEO, Regional Australia Bank said: “The construction of the South Hill Armidale Play Space is wonderful news that will no doubt be welcomed by the entire community and we are pleased to see progress being made as a result of our contribution.” Mr Dupé added “It’s particularly rewarding for us as a Bank because one of the best things about our ‘Heart of our Community’ initiative is that there is no eligibility criteria for applying. You simply post your project, idea, or event and garner community support for it. The more votes, the higher the project ranks in that community, it’s as simple as that.” Regional Australia Bank is proud to have helped many wonderful community ideas come to life thanks to its ‘Heart of our Community’ initiative. Community members who are interested in the park’s progress should contact Armidale Regional Council or the Armidale District Netball Association. - Ends - Media enquiries: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank backs Warialda Play Park upgrade 2016-10-31T03:42:27Z regional-australia-bank-backs-warialda-play-park-upgrade Warialda locals are being encouraged to put their support behind the Warialda Play Park upgrade as part the Regional Australia Bank ‘Heart of our Community’ initiative. The initiative which was established in 2012 has already seen many wonderful ideas come to life thanks to community members posting an idea or project to the Banks Heart of our Community website and garnering support by fellow community members. Debbie Ford is the driving force behind the Play Park upgrade and says she is really excited about the prospect of funding from the Bank. “We’ve been working towards an upgrade to the park for a few years now. Some of the equipment was so old, it no longer met Australian standards so when the opportunity to post the idea on The Heart of our Community website came up, we jumped on it ,” said Debbie. Regional Australia Bank is likewise enthusiastic about this project and has committed up to $8,000 for the upgrade if the project receives enough votes of community support. “For every vote, Regional Australia Bank will contribute $40 toward the project and elevate the status of the project toward the top ranked ideas for that community,” says Matthew Hayes, Area Manager, Regional Australia Bank. “We will assess the votes at the end of December and hopefully the project will have received the 200 votes it needs to receive the full $8,000 from the Bank.” Plans for the upgrade include the addition of a swing with a seat belt for younger kids, appropriate equipment for kids over 10, a fence around the entire play area and additional seating in the area. Soft fall ground cover is also on the wish list. “Basically I want to make the play area as beautiful as the rest of the park, so that it becomes a place where children and their parents can spend time together outdoors but also a place where visitors want to stop off when they are passing through,” said Debbie. Community members can vote for this project by registering on Regional Australia Banks ‘Heart of our Community’ website www.heartofourcommunity.com.au. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank takes on the Challenge 2016-10-31T01:03:30Z regional-australia-bank-takes-on-the-challenge In the latest of a series of community partnership deals, Regional Australia Bank is throwing its support behind the Inverell Toughen Up Challenge with a three-year naming rights sponsorship. Alex Ribeiro, Inverell Branch Manager, Regional Australia Bank said: “partnering with the Inverell Toughen Up Challenge was a perfect fit for the Bank. It is an excellent event that puts value back into the community. It also draws a lot of people to the area from the surrounding region, which is great for the local Inverell economy and ultimately supports the Bank’s commitment to regional prosperity.” The Challenge which involves teams of four people completing a 9km square course throughout the Inverell CBD, sees people of ages from eight to eighty take part and has grown exponentially over the last five years. “When we first started out, we never envisaged the event would become so popular,” said Lynn Lennon, Inverell Toughen Up Committee Member. “Naturally, we sought out a like-minded organisation to partner with to support this growth and it made sense to approach Regional Australia Bank. We operate under the same ethos, with proceeds of the event going back into ‘bricks and mortar’ within the community in the same way the Bank puts 5% of its profits back into the community." On top of that Lynn says the Bank has been a great supporter of the event over the years and is already so involved in the community “they are just awesome” she added. The Challenge has both competitive and non-competitive divisions and has been designed with inclusion in mind so that people of all fitness and skill levels can participate. Lynn says it doesn’t matter if you’re not good at sports because there’s puzzles, swimming, tyre flipping – the works. It can be done by anyone. That’s the other thing that got the Banks attention explains Alex. “It is family orientated so both kids and adults alike can take part, in fact, my kids have done it twice now and it’s tons of fun.” The 2017 Regional Australia Bank Inverell Toughen Up Challenge takes place on Friday 10th March 2017 for the Juniors, with the main event on Saturday 11th March 2017 for the Adults. Registrations are now open and can be found at http://inverelltoughenup.net/ - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank continues revolutionary Community Partnership Program giving back over $4,000 to Bingara community 2016-10-04T00:08:22Z regional-australia-bank-continues-revolutionary-community-partnership-program-giving-back-over-4-000-to-bingara-community Monday, 4 October 2016 Regional Australia Bank continues revolutionary Community Partnership Program, giving back over $4,000 to Bingara community On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Bingara community by giving back $4,143.39 through its Community Partnership Program. After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations. “The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank. “The Program continues to grow at over 30% each year as more and more people get on board.” The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there. At Bingara Sporting Club, Regional Australia Bank awarded $4,143.39 to the Bingara community. Friends of Touriandi; Bingara Pony Club; Gwydir Rugby Club; and United Hospital Auxiliaries - Bingara, were just a few of the 19 groups to receive a donation. Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.” The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’. The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent. “Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin “This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive” he said. In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects. “We’re immensely proud of our contribution to our community,” said Alex. “After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added. Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: Similar events have already been held in the following surrounding towns: Friday, 16 September in Moree with $24,747.35 donated to 50 local community groups Friday, 16 September in Mungindi with $2,061.99 donated to 11 local community groups Other similar events are also planned for the following surrounding towns: Tuesday, 11 October in Warialda with $3,231.12 to be donated to 18 local community groups It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank continues revolutionary Community Partnership Program 2016-10-04T00:05:34Z regional-australia-bank-continues-revolutionary-community-partnership-program On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Inverell, Bundarra and Ashford communities by giving back $48,322.76 through its Community Partnership Program. After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations. “The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank. “The Program continues to grow at over 30% each year as more and more people get on board.” The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there. At The Inverell Club Regional Australia Bank awarded $48,322.76 to the Inverell, Bundarra and Ashford communities. Inverell Breast Cancer Support Group; Ashford Ageing Care Facility; Bundarra CWA; Inverell Prostate Cancer Support Group; Inverell East Bowling Club; and Bright Access, were just a few of the 83 groups to receive a donation. Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.” The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’. The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent. “Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin “This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive,” he said. In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects. “We’re immensely proud of our contribution to our community,” said Alex. “After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added. Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: Similar events have already been held in the following surrounding towns: Thursday, 1 September in Guyra with $15,340.86 donated to 26 local community groups Wednesday, 7 September in Walcha with $8,263.76 donated to 22 local community groups Wednesday, 7 September in Tenterfield with $19,517.80 donated to 13 local community groups Thursday, 8 September in Armidale with $76,662.77 donated to 96 local community groups Thursday, 15 September in Uralla with $12,703.75 donated to 13 local community groups Wednesday, 21 September in Glen Innes with $33,919.40 donated to 30 local community groups It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Global Connectivity to Local Market 2016-07-21T23:59:27Z global-connectivity-to-local-market Auckland, 22July 2016 - EVI Global Markets connects the local market to global liquidity. Part of the solutions managed and offered to Institutional and Wholesale clients are global broking, best practice order execution, global clearing & custody, reporting and market research. The EVI global trading desk is of most relevant to Institutional, Wholesale, Fund, Advisory and other professional trading groups looking for a full service global trading solution.  Aussie dollar bounces to reach short-term high 2016-07-18T03:28:02Z aussie-dollar-bounces-to-reach-short-term-high SYDNEY - 18 July 2016:  The Australian dollar managed to make a new short-term high after the unexpected bounce in Chinese Q2 GDP. “However, it (Aussie dollar) later gave way to both the stronger US economic data and fell further on the Turkish risk off narrative,” said Stephen Innes, senior currency trader at FX and CFD firm OANDA Australia and Asia Pacific.  However, despite the recent violence in Turkey, Innes noted that risk sentiment has slightly improved.  “Risk sentiment has improved this morning after the failed coup attempt in Turkey,” said Innes.  “Nonetheless, the current Australian dollar rally has been less than convincing as the trend is your friend rally is looking fatigued,” he said.  According to Innes, “If expectations of the US Federal Reserve repricing continues to gain momentum as US economic data continues to churn,” All eyes are eagerly awaiting the domestic Q2 CPI, the next primary Australian dollar driver.  “In the lead up to the much-anticipated economic print, there will be a tendency for traders to sell into upticks on expectations moderate inflation will lead the Reserve Bank of Australia (RBA) to cut interest rates as it did so after the Q1 CPI disappointment,” said Innes.  However, Innes expects near term ranges to hold ahead of tomorrow's release of the RBA Board meeting minutes.    “With no clear bias in the RBA's July post-meeting statement, the report will get a fair bit of attention as the August rate cut is by no means a given based on the RBA's July neutrality,” added Innes.  ***** For more information, visit: https://www.oanda.com/forex-trading/markets/ A MODERN WORLD OF TOO MUCH CHOICE FOR 90% OF AUSSIES 2016-07-17T20:00:07Z a-modern-world-of-too-much-choice-for-90-of-aussies A new study has found almost 90 per cent of Aussies say they find making decisions increasingly difficult, due to more choice and less time, often resulting in ‘buyer’s remorse’. The ‘Decision Drivers Report by Choosi’ is the first in its series and aims to uncover generational shifts, barriers and drivers of our behavior in the modern world. The research uncovered Australians are more likely to seek advice from sources online than in person. In fact, the data shows we spend on average 50 minutes online seeking advice compared to 41 minutes receiving advice face to face. Further data shows we may be turning to online sources as a result of our increasingly busy lifestyles with more than half of Australians (51%) saying they have less time to make decisions nowadays. Senior Sales Manager and Choosi spokesperson Katrina Foster said, “Our research revealed an incredible amount about what is influencing not only how we spend our money, but who we trust to help us make the right choices,” she said. Advice from mum and dad fares the worst with the research showing they usually rank last as a decision making resource, while peers are usually chosen over family members as a source of information to make decisions (33% vs. 24%). “What is also interesting is how we rate ourselves as decision makers. While Baby Boomers strongly see themselves as the best decision makers compared to other age groups (86.1%), other generations do not agree. In fact they see Gen X as the best decision makers when it comes to purchasing both big and small ticket items,” said Mrs Foster. Despite the plethora of information available today, the research indicates the amount of choice we have access to may be making it harder to make decisions when it comes to purchasing in particular. “It is promising to see that less than 1 in 10 Australians feel out of control with regards to their finances with more than half (51.5%) putting a budget in place to purchase large ticket items. Whilst 54% of people would either put a budget in place (29.2%) or walk away (24.8%) from making a small purchase if they didn’t have the savings available,” said Mrs Foster. However, the data revealed that 50% of Australians are less rational with their spending and more frivolous when they are on holidays, whereas almost a third (32%) make more impulsive purchasing decisions whilst food shopping when they are hungry. Furthermore, the data revealed Australians are also less cautious with their spending when spoiling their children (24%) and shopping online (21%). Whilst it is clear emotions have a strong impact on our decision making, almost half of Australians (41%) admit that buying with our hearts instead of our heads is a key factor contributing to buyer’s remorse. One in three Australians (29%) say they have made a large purchasing decision that they have come to regret. Whilst another two in three Australians (70%) have bought things that they have never used. Michael Volkov, Consumer Behaviour Researcher from Deakin University said, “While history may tell us that family are our biggest influencers, as we’re spending less time at the dinner table and more time on our devices, we are increasingly placing our trust outside the family home.” “With access to so many websites, blogs, forums and social groups we are often faced with conflicting or too much information, which in turn causes analysis paralysis or worse, buyer’s remorse,” said Mr Volkov. It’s not only the big purchases we struggle with. For example, Choosi’s latest research shows buying a new tech gadget (36%) and even deciding on what to eat for dinner (28%) are more challenging than deciding where to live (22%). Choosing the right insurance however, tends to be the biggest struggle for most Australians according to the survey. Whilst we opt for online support to make our decisions most frequently, peer support is still highly valued with about three in five respondents (62.6%) claiming to have been influenced by someone, at least to some extent, when making a recent and important decision. “Online advice is so accessible and connects us to endless amounts of information in an instant, but it’s clear we risk making the wrong choice without the help from a source that we really trust,” said Mrs Foster. Supporting data is available at choosi.com.au https://www.choosi.com.au/blog/aussies-spoilt-for-choice-in-information-overload Media Enquiries Lucinda Bell Account Executive Hill + Knowlton Strategies p: 02 9286 1215 m: 0439 020 024 e: lucinda.bell@hkstrategies.com About Choosi Choosi provides information to help customers compare, choose and apply for a range of insurance products online and over the phone Choosi’s free comparison service lets you compare the benefits and prices of a range of popular insurers, so you can confidently choose cover that suits your needs, your budget and lifestyle. About the ‘Decision Drivers Report by Choosi’ In order to explore the role of decision making in modern Australian society, CoreData surveyed 1,000 typical Australians across the nation in mid-May 2016. The sample collection employed soft quotas to monitor representativeness of the Australian population. Hard quotas by state were also engaged to ensure all the main states were represented with sufficiently robust samples (NSW = 200, VIC = 200, QLD = 200, WA = 200, Remaining states/territories = 200). Plato Global Share Income Fund targets high income 2016-06-06T01:04:49Z plato-global-share-income-fund-targets-high-income ~~6 June 2016: The Plato Global Shares Income Fund (Fund) has distributed 4 per cent net income to investors in its first 6 months* and outperformed the benchmark by +1 per cent* net active performance since inception. Launched on 30th November 2015, the Fund is believed to be the first global share income fund in Australia that’s designed specifically for retirement income and is well positioned to meet its annual target of 6 per cent net income Managed by Plato Investment Management Limited, a retirement income equities specialist, the Fund is one of four high income equity funds managed specifically for the income needs of retirees in pension phase superannuation. Plato Managing Director, Dr Don Hamson said “We are delighted that we have to date proved our belief that global equities can deliver solid income without compromising returns. “Australian retirees and their advisers can be nervous about investing outside of domestic stocks, but this shouldn’t be the case. Global equities can provide excellent diversification out of Australia’s bank-heavy dividend market, and we believe the Plato Global Shares Income Fund will show that it is possible for global equities to provide strong income as well.  “With Australian interest rates low and the Australian equity market heavily dependent on a handful of stocks for its dividend income, global equities are a great way to balance out the home risk,” he added. To capitalise on the global opportunities, Plato has created two Funds - the Plato Global Shares Income Fund – an unhedged global developed equity income fund - and the Plato Global Shares Income Fund ( Managed Risk) which uses the Milliman Managed Risk Strategy™ to aim to stabilise portfolio volatility, capture growth in up markets, and defend against losses during major downturns.  These funds complement the existing Plato domestic equity income funds - the Plato Australian Shares Income Fund and the Plato Australian Shares Income Fund (Managed Risk). For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au *All data is as at 31 May 2016.  Benchmark is the MSCI World (ex Australia, Net Returns Unhedged). Returns are quoted for the Fund’s F Class units and are net of fees. Past performance is not a reliable indicator of future performance and investment returns of less than one year should not be relied upon as any guide to future performance. Actual returns may vary from any target returns described in this document. -ENDS- Media Enquiries: Louise Nealon, CallidusPR T: (02) 9283 4114/ 0403 569 177 E: louise@calliduspr.com About Plato Investment Management Limited Plato Investment Management Limited is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors.  Plato has a particular focus on managing money for retirees who have distinctive tax and income requirements.  Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au Interests in the Plato Global Shares Income Fund (ARSN 608 130 838), Plato Global Shares Income Fund (Managed Risk) (ARSN 610 438 269), Plato Australian Shares Income Fund (Managed Risk) (ARSN 126 577 820) and Plato Australian Shares Income Fund (ARSN 152 590 157) (‘Plato Funds’) are issued by Pinnacle Fund Services Limited, ABN 29 082 494 362 AFSL 238371, the Responsible Entity of the Plato Funds. The Responsible Entity is not licensed to provide financial product advice. A copy of the most recent Product Disclosure Statement (‘PDS’) for the Plato Funds can be located at www.plato.com.au/retail-funds.  You should consider the relevant PDS and consult your financial adviser before making an investment decision. Plato Investment Management Limited (ABN 77 120 730 136, Corporate Authorised Representative No. 304964) (‘Plato’) is the investment manager of the Fund. Pinnacle Fund Services Limited and Plato believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. Any opinions or forecasts reflect the judgment and assumptions of Plato and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives.   Plato Global Shares Income Fund rated highly by SQM 2016-03-15T01:35:38Z plato-global-shares-income-fund-rated-highly-by-sqm 15 March 2016: The Plato Global Shares Income Fund (“the Fund”) has been given a “Superior” “High investment grade rating” of 4 ¼ stars from independent research company SQM[i]. SQM noted the rating reflects the “highly qualified and deeply experienced portfolio management team” and the “specific dividend capture strategy that is relatively unique to the equity-income category.” In a strong start to the year the Fund has already delivered 1.7 per cent in net income in its first 3 months, and is well on its way to delivering its target 6 per cent net income in its first year, approximately 4 per cent higher than the typical yield on the MSCI World Ex Australia (global shares) Index. Plato Managing Director, Dr Don Hamson welcomed the rating which recognises the unique strategy developed for a very specific market. “The Fund has been designed specifically to deliver high levels of income in a sector which is not known for strong income”, explained Dr Hamson. “This suits the needs of retirees who require strong income to fund their retirement needs, but also need the diversification benefits of global equities to reduce the total risk of their investment nest egg”. The Plato Global Shares Income Fund is available on several platforms, and has been added to a number of Approved Product Lists. For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au. -ENDS- Note to Editors: Dr Don Hamson, Managing Director, Plato Investment Management is available for interview Media Enquiries: Louise Nealon, CallidusPR T: (02) 9283 4114/ 0403 569 177 E: louise@calliduspr.com About Plato Investment Management Plato Investment Management Limited (‘Plato’) is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors. Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au This communication has been prepared by Plato Investment Management Limited (‘Plato’) ABN 77120730136 Authorised Representative No. 304964 of Pinnacle Investment Management Limited AFSL 322140. Interests in the Plato Global Shares Income Fund Class F (ARSN 608130838 APIR WHT0062AU), Plato Global Shares Income Fund Class A (ARSN 608130838 APIR WHT0061AU), collectively the Plato Funds, are issued by Pinnacle Fund Services Limited (ABN 29 082 494 362 AFSL 238371). The Product Disclosure Statements (‘PDS’) for the Plato Funds are available at www.plato.com.au/retail-funds. Any potential investor should consider the relevant PDS in deciding whether to acquire or continue to hold units in a fund. The issuer is not licensed to provide financial product advice. Please consult your financial adviser before making a decision to invest in a fund. Disclosure contained in this communication is for general information only and was prepared for multiple distribution. The information in this communication has been prepared without taking account of any person’s objectives, financial situation or needs. Persons considering action on the basis of information in this communication are to contact their financial adviser for individual advice in the light of their particular circumstances. Past performance is not a reliable indicator of future performance. Any projections and forecasts contained in the information are estimates only. Such projections are subject to market influences and contingent upon matters outside the control of Plato and therefore may not be realised in the future. Returns are not guaranteed. To the extent permitted by law, Plato disclaims all liability to any person relying on the information in respect of any loss or damage (including consequential loss or damage) however caused, which may be suffered or arise directly or indirectly in respect of such information. [i] The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme. Australian Stock Report Market Wrap Up: Local shares make it four in a row 2016-03-03T07:13:30Z australian-stock-report-market-wrap-up-local-shares-make-it-four-in-a-row SYDNEY – 3 March 2016: The Aussie market made it four winning session in a row today, following positive leads from Wall Street overnight. “Every sector except telcos and healthcare finished in the green,” said Chris Conway, head of research at Australian Stock Report. He added, “Energy, financials and materials sector did the heavy lifting, supported by utilities, I.T. and consumer staples.” Origin Energy Limited (ORG) was the bolter in the energy space, adding 5.3%, on reports the company may be considering a break-up, while Santos (STO) tacked on 2.5%. The big four banks all closed stronger, National Australia Bank (NAB) with the best in show, putting on 3.2%. ANZ Banking Group (ANZ) was up 2.9%, Commonwealth Bank (CBA) 1.3% and Westpac (WBC) 1.8%. Among the big miners, Fortescue Metals (FMG) jumped 6.7% while Rio Tinto (RIO) advanced 2.1%. BHP Billiton (BHP) also put on 3.1%. Conway noted that “There were also gains in the gold sub-sector with Northern Star Resources (NST) the best performer in the space, adding 3.2%.” Among the losers was Mesoblast Limited (MSB), slumping 6.7%. On the day the ASX 200 advanced 60 points (+1.2%) to settle at 5081. -           - ENDS - Internet of Things and Increasing Digital Demand Signals Major Insurance Industry Disruption 2016-03-02T07:07:43Z internet-of-things-and-increasing-digital-demand-signals-major-insurance-industry-disruption Australia, 2 March 2016 – The World Insurance Report 2016 (WIR), released today by Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services and Efma, identifies multiple threats pushing the insurance industry toward massive disruption. The continued evolution of the Internet of Things (IoT), combined with changing behaviors and preferences from Gen Y customers, is driving the urgent need for insurers to undergo significant transformation or risk falling behind emerging competitors such as FinTechs. Capgemini’s Voice of the Customer Survey, covering more than 15,500 insurance customers worldwide, found that Gen Y customers are much less likely to have positive experiences with their insurers compared to other age groups, despite communicating with them more frequently. Gen Y customers have more interactions with their insurer across all communication channels, particularly digital ones. They interact with insurers up to 2.5 times more on social media than other customers and over two times more via mobile. Those interactions, however, are resulting in positive customer experience levels that are nearly 20 percentage points lower than those of customers in other age brackets, suggesting that Gen Y customers have higher expectations for the standard of digital channels than their older peers. Given that more than one-quarter of all customers plan to purchase or renew their insurance through digital channels in the next 12 months, customer experience levels among Gen Y customers is particularly concerning for the industry. In addition, nearly one-quarter of Gen Y customers say they would be likely to buy insurance from non-traditional technology-led providers, highlighting the threat from emerging competitors to the customer base of traditional insurers. “By not providing adequate engagement for digitally-advanced customers, carriers run the risk of pushing them toward a growing population of market entrants and non-traditional technology-driven competitors,” said John Mullen, Corporate Vice President and Global Insurance Leader for Capgemini. “Gen Y is clearly indicating that they do business differently and those insurers who respond to them on their terms will have a clear competitive advantage.” IoT Looms Large A more fundamental threat, or enabler, to the future of insurers is the coming wave of connected technologies, in the form of such innovations as smart home ecosystems, wearable devices and machine-enabled drones, robots, and cars. These IoT technologies are expected to transform traditional insurance business models, including everything from the way insurers connect with their customers to their fundamental assessment and management of risk. Yet despite this threat, insurers are significantly underestimating the degree to which connected technologies will be broadly adopted. Only 16 percent of insurers think customers will embrace driverless cars, for example, while 23 percent of customers express interest. More significant than age, affluence is the most compelling factor in determining customer uptake of IoT technologies. More than 45 percent of affluent Gen X customers are likely to adopt connected devices, smart ecosystems and wearables, compared to only 30 percent to 35 percent of younger, non-affluent Gen Y customers. Customers that are both Gen Y and affluent are the most likely to adopt connected technologies (50 percent). However, affluent customers are also more likely to purchase insurance from non-traditional technology-led firms. Nearly 31 percent of affluent customers globally say they are likely to purchase insurance from technology firms, a percentage that increases to 47 percent for affluent Gen Y customers. Redefining Risk In addition to its impact on customer connections, IoT is expected to have an even bigger impact on the core tenets of the insurance business. In a connected world, data provided by connected devices, smart ecosystems and wearables will increase risk transparency, a dynamic that will likely lead to new business models, especially in pricing and risk control. Risk ownership will also shift with connected technologies, as responsibility for actions, for example in the case of driverless cars, moves from car owner to car manufacturer. Finally and most important, IoT looms large in managing the level of risk exposure due to safer environments. This will shift premiums significantly, threatening some carriers, but providing opportunities for those who can understand the emerging risks that are inherent as the rate of technology change becomes more pervasive in the lives of people and commerce. Insurers must start preparing themselves for the transformation of the insurance business. The report advises insurers to build strong but agile foundations in the short term. In the medium term, they must sharpen their value propositions through strategic alliances and data-driven insights. Long-term strategies must focus on transforming the business to stay ahead of emerging risk profiles, new interaction models, changing customer behaviors and IoT’s expected disruption of risk selection, pricing, and loss prevention. “While already experiencing digital disruption, the insurance industry needs to brace itself for the massive, inevitable disruption brought on by Gen Y and the Internet of Things,” said Vincent Bastid, Secretary General, Efma. “Those insurers who make it a top priority to improve their ability to manage and leverage data and risk will be the most prepared.” The World Insurance Report 2016 features data from more than 15,000 insurance customers globally through Capgemini’s Voice of the Customer survey and exclusive Customer Experience Index (CEI), as well as findings from more than 150 insurance executive interviews. The report’s research covers 30 markets across North America, Europe and Asia-Pacific representing 93 percent of the global insurance market in terms of premium income. For more information visit www.worldinsurancereport.com About Capgemini With more than 180,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2015 global revenues of EUR 11.9 billion. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organisation, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model. Learn more about us at www.capgemini.com. Rightshore® is a trademark belonging to Capgemini For further information please call or email: Shailo Rasanayakam Red Agency on behalf of Capgemini 02 9963 7759/ 0403 777 709 shailo.rasanayakam@redagency.com.au Professionals in the construction sector and every-day Australians have a lot to lose from the proposed changes to negative gearing 2016-02-24T07:05:17Z professionals-in-the-construction-sector-and-every-day-australians-have-a-lot-to-lose-from-the-proposed-changes-to-negative-gearing 24/2/2016 - FOR IMMEDIATE RELEASE Professionals in the construction sector and every-day Australians have a lot to lose from the proposed changes to negative gearing With the federal budget set for release in May and the federal election set for the latter part of 2016, reducing the deficit is high on the agenda. With a raise in GST now off the agenda, proposed changes to tax depreciation schedules is currently being discussed in order to return to surplus. With tax depreciation often forming a large part of those working in the built environment and associated industries such as Quantity Surveying, proposed changes in legislation could have a high impact on industry and every-day Australians including: Construction Cost Managers; Building and Engineering Economists; Financial, Resource and Contractual Managers; Dispute Resolution Professionals; Quantification of Material and Labour Professionals; and Every-day Australian looking to invest or rent property. "The building and construction sector is currently playing a big role in re-balancing the Australian economy due to the retraction currently being experienced in the mining sector. With demand in Asia slowing and the cost of oil, mining and gas at significant lows, the building and construction sector is currently helping to stabilise Australia’s economy." The proposed changes could have a big impact on the demand for tax depreciation schedules that poses a risk of lower investment in infrastructure and construction by industry and could therefore limit the jobs available for every-day Australians. Every-day Australian’s will also be impacted by this change if implemented. Without investors being able to fund losses through negatively gearing their property, the average person may see a rise in rent; due to this increased cost no longer available to be offset through tax depreciation schedules. The current Government is considering a cap on deductions, which will include deductions on rental properties. If the Coalition wins and deductions are capped (the plan is to cap work related deductions and rental property deductions to a percentage of the taxpayer’s income), then there will also be a reduction in the need for tax depreciation schedules. If elected, Labor is promising to remove negative gearing from all purchased buildings (excluding new buildings) from 1 July 2017. Under the Labor model, if the interest costs, rates, management fees on the rental property washes out most or all the rent, a tax depreciation schedule is no longer required as deductions cannot go above rent - therefore it cannot be negatively geared. AIQS will be actively lobbying and liaising with both parties, in order to highlight the impact these policy positions will have on the Quantity Surveying profession. For more information, contact Lee Edmondson (AIQS Marketing & Communications Manager) on (02) 8234 4004 or ledmondson@aiqs.com.au. The Australian Institute of Quantity Surveyors (AIQS) The Australian Institute of Quantity Surveyors (AIQS) is the peak professional body for Quantity Surveying in Australia and Internationally, with over 4,000 Members. Through its leadership, Standards and Code of Professional Conduct, AIQS ensures that practising Quantity Surveyors are dedicated to maintaining the highest standards of professional excellence. The Institute is a national organisation with Chapters and Divisions in all States and Territories. It also has a strong overseas membership and is the Australian peak body to the International Cost Engineering Council (ICEC) and the Pacific Association of Quantity Surveyors (PAQS). A diverse range of professionals in the Building and Construction industry are part of the AIQS Institute, including high-level ‘decision makers’ at Director and Executive level, Business Owners and Managers, through to young cadets, students and graduates. Associated industries to Quantity Surveyors include; Cost Planners, Cost Estimators, Project Managers, Developers, Building and Professional Services. The Australian Institute of Quantity Surveyors (AIQS) Level 3, 70 Pitt St Sydney, NSW 2000 Australia (02) 8234 4000 www.aiqs.com.au