The PRWIRE Press Releases http:// 2017-03-24T05:13:52Z IMB BANK COMMUNITY FOUNDATION HELPS LOCAL HIGH SCHOOL STUDENTS GET MAD ABOUT MONEY! 2017-03-24T05:13:52Z imb-bank-community-foundation-helps-local-high-school-students-get-mad-about-money IMB Bank Community Foundation has partnered with The National Theatre for Children (NTC) to deliver a financial literacy program to high schools, at no cost to the students. The program will deliver educational and entertaining messages to young people who are emerging as consumers. Global Money Week is also being held from March 27 to April 2, with the aim of helping children and teenagers start the journey to a better chance at financial security. IMB Bank Chief Executive, Robert Ryan, sees the value of investing in these students. “Today’s teenagers are tomorrow’s young adults, who will face important decisions regarding their spending and saving habits,” he says. “When we prepare them to develop healthy money habits, the benefits are enormous—they will have less stress, less debt and less confusion about their finances. This program, funded by IMB Bank Community Foundation, is just one of the financial literacy initiatives we will be launching this year for the under 25 age group.” Mad About Money is a forty-minute performance divided into segments that humorously address topics like wages and deductions, the difference between needs and wants, cash and credit and the importance of forming a savings habit. Two professional actors take suggestions from the audience and incorporate the ideas into their scenes through improvisation. “The kids respond so well to the program because they get to help shape it,” says NTC Managing Director Tobias Benn. “It’s an interactive experience rather than a passive presentation. The energy is very high, the information is relevant and meaningful to the kids and the information sticks with them because learning and laughter are blended so seamlessly.” The concepts examined in Mad About Money are aligned with the Australian curriculum and reinforced by free student workbooks and teacher guides for teachers to use in their lessons. Schools also gain access to digital learning materials to supplement their lessons with interactive classroom exercises, quizzes and games based around the program. IMB Bank will further extend the educational experience and knowledge bank for young people with the launch of a new web portal Money Tree – – which will be loaded with useful tips and information to help add additional value to the financial literacy programs. The tour begins on Monday 20th March and will visit schools across Kirrawee, Sylvania, Miranda as well as Wollongong, Dapto, Oak Flats and surrounding suburbs. Did you know IMB Bank... ·         Was established in 1880 and is one of Australia’s leading mutual banks, regulated by APRA and ASIC ·         Has an overall customer satisfaction rating of 96% and assets over $5 billion ·         Offers a comprehensive range of retail banking, small business banking and financial planning products and services ·         Has home loans, personal loans and deposit products awarded five-star ratings or ‘Best in Category’ by various independent financial services reviewers ·         Offers internet and mobile banking and has a branch network of 48 operating in Illawarra, NSW South Coast, ACT, Sydney and Melbourne ·         Has granted $8.1m to more than 550 community projects during the past 17 years via IMB’s Community Foundation ·         Merged with The Shire…Local Banking in July, 2016 About NTC Since 1978, NTC has dedicated itself to delivering entertaining and highly educational programs to positively motivate families, students and educators.  We inspire young people – and their families – to explore important and timely curricular subjects including: wise energy use, science, technology, engineering and math (STEM), financial literacy, health and nutrition and environmental literacy, among others.  Originally focused on delivering its programs via live theatre, NTC is now an award-winning educational content provider whose repertoire includes print and digital curriculum and extracurricular events.  We have developed the art of teaching through educational story-telling into a science of its own, and are currently the largest in-school touring educational production company in the world. Property transactions go digital in North-West Melbourne 2017-03-24T02:56:34Z property-transactions-go-digital-in-north-west-melbourne North-West Melbourne based Boss Conveyancing, has quickly transitioned its business to be digital-ready. The firm’s director, Sally Nguyen, shares why she’s making the move to settle property transfers online in an intensely competitive market. Q. Well done Sally for backing new technology by encouraging other conveyancers to also come on board and exchange property online. What prompted you to take the plunge with digital settlement? When I heard PEXA was helping industry transition to e-Conveyancing I was very curious as to what change this could bring to our line of work. I attended a PEXA seminar and the excitement in introducing a new way of conveyancing was very intriguing! It made settlements sound painless, straight forward and fast. Q. Can you briefly paint a picture of your local real estate market and how you differentiate your service? While located in a North Western suburb of Melbourne, our firm deals with a wide range of conveyancing transactions across Victoria including purchase and sale of residential dwellings, purchase and sale of off the plan properties, plan of subdivision and transfers of title. The knowledge and experience our team has is extensive. We have years of work experience and the knowledge gleaned from a real estate background helps inform our clients. All of our team is bilingual. This is a great asset to our clients.  And this is why we are heavily investing in PEXA. It’s fast and efficient which will only help us grow.  This is great for us and great for our clients. It serves our purpose and business model as a modern conveyancing firm. Q. You have a real estate background. Can you explain if this is an advantage working as a conveyancer? Most definitely. As a conveyancer you work closely with real estate agents, brokers and bankers. To be able to help each other to complete a smooth transaction – you have to understand the process. Having a real estate background helped me understand the dynamics in real estate and how to deal with certain situations. However, for my clients, sometimes when they are sceptical about whether to sign a contract or unsure before they go to auction – I can help guide them step by step right from the very beginning to end. We’re not just about conveyancing and how stress-free it can be to settle a home. We’re about how stress-free it can be to buy or sell a home throughout. That means knowing a little bit of everything to guide clients through and point them in the right direction. Q. Word is spreading that you’re sending lots of invitations to your peers in Melbourne’s north-west suburbs inviting them to transact. Are other conveyancers willing to innovate with you? Wherever I can, I love to. Recently we’ve started to be really active, inviting any parties that are registered on PEXA to complete a settlement online regardless of where they’re located. You have some firms actively accepting and communicating via PEXA. But unfortunately, some firms aren’t wanting to adapt to this positive change. Perhaps it’s too new or they don’t have the time to give it a chance. We were nervous at the start. Change can be scary. But when Linda Thai from PEXA came and met us, it was comforting and it was a breeze to get started. Many more firms should really consider putting aside 30 minutes with their PEXA trainer if they haven’t already. Q. Some conveyancers are finding efficiency and cost benefits by embracing digital technology. What has been your experience? I find it easy to adapt to. As a licenced conveyancer I know what’s best for my client. As a PEXA user I know the discharge and caveat fees lodgement fees are cheaper. I also save time on bookings, lodgements and stamping. It’s a no-brainer. You simply incorporate the PEXA fee into your current fees. Look at it this way – when a Vendor sells and is told they need to pay $112.60 to discharge their mortgage we explain that this is a mandatory fee. It’s the same as a settlement fee. If it costs ‘X’ amount to complete the file, it’s a fee that needs to be accounted for. Q. What are the benefits of going digital compared with sticking with the traditional paper-based way of settling property transactions? Many including minimising the risk of settlement falling over due to shortfall via bank cheques. I also save paper. There are no settlement agents being late from another settlement. No bank cheque fees. Funds instantly clear for my vendors (depending on their financial institution). Our fee is instantly paid. If settlement is not ready to take place in one allocated time slot, PEXA automatically moves settlement into the next time slot. Instantly assess stamp duty payable. No lost bank cheques in the mail to council and water authorities. Q. Are there any productivity and efficiency benefits that you’ve experienced by making the switch from settling property online rather than using paper processes? One hundred percent. Saving time on the phones with banks when making bookings including sending emails to book settlements with the other side. Communication with all relevant parties is easy on PEXA – you’re all basically in the same workspace to confirm available funds, see everything and complete tasks. Q. Have you had any feedback from clients after transacting online? Clients have previously asked me: “Do people still use bank cheques? It’s the 21st century. Don’t my funds clear straight away?” Now I can tell them no more bank cheques and YES funds will clear on the same day (depending on who they bank with). Q. How can e-conveyancing help grow your business to be more competitive? We can be faster and more efficient. We’re growing with the world by embracing online technology to make the most of what we have. Our business model is to grow and learn where we can – PEXA is it. There is always room for improvement and e-conveyancing is just the beginning. Q. What advice would you offer to firms that are already internet banking and using other e-commerce platforms but have been slow to make the switch online for property settlement? Jump on it now! If you’re already fortunate enough to be tech-savvy with internet banking and other e-commerce platforms – what is stopping you from learning just one more thing? It’s going to happen sooner or later so get on board now. Q. Crystal ball gazing time. Property transactions have been slow to move online. When do you expect that more firms will make the switch online? What will help them to turn to high-tech solutions like PEXA? While some business owners are comfortable with their daily routine and sending their settlement packets to a certain agent – it will eventually phase out. It just takes a mandatory regulation to rule out paper settlements and then they HAVE to make the transition. Or it might just take an open mind to allow and accept change. It’s really simple – you just have to get out of your comfort zone. Victoria recently undertook a bulk conversion of titles to electronic format on 22 October 2016. Everyone just had to adapt to the change. The question conveyancers need to ask themselves is – ‘what would you do if settlements were no longer able to take place manually tomorrow’? Ready to settle your clients' properties online in Victoria but need a bit of help to get started? PEXA has dedicated specialists trained to guide your practice to a digital future. Even better, it's a free service. Get started by emailing blueAPACHE expands to new office in Victoria 2017-03-23T22:59:27Z blueapache-expands-melbourne-team-moves-to-new-office-in-victoria PRESS RELEASE Melbourne, Australia – Award-winning IT as a Service (ITaaS) provider blueAPACHE are set to expand their operations in Victoria, following significant growth. “As organisations seek greater business agility and improved alignment between their business and ICT, they are drawn to the benefits of our emPOWER ITaaS platform. This is continuing to drive our year-on-year growth”, said Chris Marshall, founder and Managing Director of blueAPACHE. In response to this market demand, blueAPACHE have been steadily hiring specialist resources to cater to existing clients as well as expand their services to new clients. “Last year alone, we hired approximately 30 additional staff, most of them in account management and engineering roles”, said Jenni Nelson, blueAPACHE Recruitment Manager. The hiring spree has necessitated the expansion of office space and blueAPACHE are set to move their Victorian operations into brand new premises within the next few months. Located across the road from their current head office in Abbotsford, the new space will feature a modern, open plan layout intended to maximise staff collaboration and comfort. It will also have communal spaces where staff can meet, socialise and work together. “The office on 383 Johnston Street, Abbotsford will continue to serve as our global headquarters, while the new premises will function predominantly as the hub for our Victorian customer base”, said Marshall. “We expect this will act as a catalyst for our continued expansion, not just in Victoria, but nationally. It is an exciting time to be at blueAPACHE.” The new office location is: 436 Johnston Street, Abbotsford Victoria 3067. About blueAPACHE Since 1998, the multi-awarded blueAPACHE has helped organisations in Australia, New Zealand, Asia and North America leverage technology to their business advantage by delivering comprehensive IT Management, Cloud, Network, Voice, Software and Consulting as a converged service – when they need it, as they need it. This is true IT as a Service. This is blueAPACHE. To learn more, visit E-commerce Payment Market: 2017 Global Trend and 2022 Forecast Research Report 2017-03-23T12:26:43Z e-commerce-payment-market-2017-global-trend-and-2022-forecast-research-report E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole. Scope of the Global E-commerce Payment Market Report This report focuses on the E-commerce Payment in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Browse the full report @ . This report covers Analysis of Global E-commerce Payment Market Segment by Manufacturers Alipay  Tenpay  PayPal  Visa  MasterCard  China UnionPay  American Express  JCB  Discover Global E-commerce Payment Market Segment by regional analysis covers  North America (USA, Canada and Mexico)  Europe (Germany, France, UK, Russia and Italy)  Asia-Pacific (China, Japan, Korea, India and Southeast Asia)  South America (Brazil, Argentina, Columbia etc.)  Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Global E-commerce Payment Market Segment by Types Real-time bank transfers & offline bank transfers  Cash on delivery  Direct debits  E-invoices  Digital wallets  PostPay  PrePay  Pre-paid cards  Debit cards  Credit cards  Charge cards Global E-commerce Payment Market Segment by Applications, can be divided into  Make an enquire before buying this report @ . Some of the Points cover in Global E-commerce Payment Market Research Report is: Chapter 1: Describe E-commerce Payment Industry ·         Introduction, ·         Product Scope, ·         Market Overview, ·         Market Opportunities, ·         Market Risk, ·         Market Driving Force Chapter 2: To analyze the top manufacturers of E-commerce Payment Industry in 2016 and 2017 ·         Sales ·         Revenue and price Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017 ·         Sales ·         Revenue and market share Chapter 4: Global E-commerce Payment Market by regions from 2012 to 2017 ·         Sales ·         Revenue and market share Chapter 5, 6, 7 and 8: Global E-commerce Payment Market by key countries in these regions ·         Sales ·         Revenue and market share Chapter 9 and 10: Global E-commerce Payment Market by type and application from 2012 to 2017 ·         Sales ·         Revenue and market share ·         Growth rate Chapter 11: E-commerce Payment Industry Market forecast from 2017 to 2022 ·         Regions ·         Type and application with sales and revenue Chapter 12 and 13: E-commerce Payment Industry ·         Sales channel ·         Distributors ·         Traders and dealers ·         Appendix ·         Data source About Us: Orbis Research ( is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.   Contact Us: Hector Costello Senior Manager – Client Engagements 4144N Central Expressway, Suite 600, Dallas, Texas - 75204, U.S.A. Phone No.: +1 (214) 884-6817; +912064101019  Game-changing fin-tech Investfit uses predictive analytics to power financial advice and turbocharge retirement savings 2017-03-23T00:08:20Z game-changing-fin-tech-investfit-uses-predictive-analytics-to-power-financial-advice-and-turbocharge-retirement-savings MEDIA RELEASE For immediate release   Game-changing fin-tech Investfit uses predictive analytics to power financial advice and turbocharge retirement savings Backed by international VC firm Sapien Ventures   Left to right: Investfit founders James Claridge, Gavin Daw and Ed de Salis   Sydney: A new online application for financial planners and advisors has been launched into the Australian market, which can provide clients with a material uplift in retirement savings – potentially in the hundreds of thousands of dollars.   Investfit uses sophisticated predictive analytics to maximise financial goals, such as retirement income, by simulating a person’s financial future using technology that crunches billions of calculations in real time.   VC firm Sapien Ventures, spanning Silicon Valley, Australia and Asia, led a $1.5 million Series A funding round to back the company. Investfit now plans to build sizeable market share across Australia and expand into the Asia and US. Through Sapien’s connections, Investfit will be used by BMY Group, the leading Asian financial services group servicing the Chinese speaking Australian segment.   It’s the first time such powerful computing has been made available to advisers, planners and fund members.  Using an individual’s profile and their investment goals, the mathematical algorithms within Investfit optimise financial outcomes and identify the best investment strategies. Investfit can simulate thousands of different investment strategies and identify the one that maximises retirement goals given the client’s circumstances. For planners and advisors, it eliminates guesswork and time spent para-planning.   After one year piloting a corporate version of the technology with AMP, founders Ed de Salis, James Claridge and Gavin Daw realised it could be applied to benefit individuals – with the potential of huge benefits to pre- and post-retirement goals.   “While automation in the industry is reducing costs and digital tools such as robo-advisers can invest our money cheaply online or generate an SoA, automation itself doesn’t materially benefit the client – whereas better quality advice does,” said de Salis.   “A client is more likely to have a positive experience with their adviser if they can be more confident of leading a better lifestyle after the advice.   “Many Australians will run out of money early in their retirement. Because they have the wrong strategy in place (super or non-super) they will leave money on the table and run out of funds much earlier.   “Investfit solves this problem through technology that helps advisers and their clients make better informed decisions along the way. For those who don’t currently use an adviser, Investfit can show the very real benefits of getting advice,” he said.   Mortgage Choice Financial Planning is the first dealer group in Australia to license the software.   CEO John Flavel said that “outcomes-based” advice was the way the industry needed to head.   “Investfit’s technology gives our advisers the holy grail of tools to help them give advice that maximises outcomes for our clients,” he said.   “Key to a profitable advice practice is lowering the cost of client acquisition and advice delivery, and Investfit achieves that in spades. Ultimately it’s about delivering high-quality advice and we can now complete the client fact-find to reporting process in a fraction of the time.”   Fortnum Financial Group is piloting the technology through Priority Advisory Group, an authorised representative of Fortnum. Neil Younger, Fortnum Group CEO said that “Advisers need tools that enable advice quality supporting outcomes for clients and add efficiency to the advice process. This could deliver a big competitive advantage for our authorised representatives.”   Adviser Zvi Teichtahl of Priority Advisory Group said: “Investfit’s optimisation function gives me the analytics to support high-quality advice - with high levels of certainty. We can rigorously model sequencing risk to answer the question of how much a client should allocate to each asset class to maximise retirement goals whilst protecting these goals from excessive market volatility. It is good compliance practice because the tool “risk-profiles” clients based on their tailored objectives, and models a huge number of possible investment strategy alternatives for the client.  It also provides a deeply engaging process that the client can get enormous value from.”   Investfit is also targeting its solution to the industry super funds, who are looking for ways of engaging and retaining members. Because it caters to scaled advice, Investfit can give members access to simple advice, such as: where to put their money, how much to salary sacrifice or what their projected retirement income is going to be. Investfit calculates future eligibility for the age pension and includes this in its calculation of the best retirement income for the client. It also includes all assets of the client and can be used for singles or couples combined.   Founder James Claridge said Investfit overcame the shortcomings of current financial advice, which was normally produced using spreadsheets.   “One of the aims of Investfit is to address technical shortcomings in the industry that arise out of current modelling and calculators that assume fixed investment returns into the future rather than modelling the very real variability that we see in market returns. These spreadsheet models do not provide information about the certainty of a client achieving their retirement goals” he said.   “Traditionally the industry pigeon-holes clients into investment strategies according to “risk buckets” from conservative to aggressive, none of which are necessarily optimal for the client. That’s where processing power comes in. Serious processing grunt is required to crunch the billions of calculations in real time – impossible to do in a spreadsheet.”   Mr de Salis said Investfit had the potential to be a real game changer for the entire financial planning industry.   “Advisers can now provide strategic and investment advice to a prospective client and show the hard dollar value of this advice. For industry funds, it’s about engaging members by delivering high-quality, scaled advice that can be self-directed”.   “It becomes a compelling proposition where advice may add 5 or even 10 years to the life of someone’s investments. The bottom line is, less or zero reliance on the government pension, a far better financial outcome for an individual or couple.” Left to right: Sapien Ventures' Daniel Biondi, Helen Lorigan and Victor Jiang About Investfit Investfit is a cloud-based technology that uses predictive analytics combined with high-speed processing that improves the financial outcomes for individuals and couples for pre- and post-retirement financial goals. It is used by both the advised customer segment through financial advisors and the unadvised customer segment (digital, self-directed customer) through banks and non-bank financial institutions. It is also used to generate customer leads from within their current customer books. A key innovation is the processing power it puts at the fingertips of users that allows the algorithms to complete in real time versus an excel spreadsheet that would take days to complete. It results in optimised asset allocations materially improving the financial outcomes for most people and the certainty of these outcomes.”     Photos   _RIC027620151016.jpg Left to right: Investfit founders James Claridge, Gavin Daw and Ed de Salis _RIC004220151016.jpg Left to right: Sapien Ventures' Daniel Biondi, Helen Lorigan and Victor Jiang _RIC007620151016.jpg Investfit co-founder Gavin Daw, Sapien Ventures' Victor Jiang, Sapien's Helen Lorigan, Investfit co-founder James Claridge (purple shirt), Sapien's Daniel Biondiand, and Invetfit co-founder Ed de Salis (front right).   For more information, contact:   Ben Grubb Media and Capital Partners Mobile: 0414 197 508 Email:   Justin Kelly Media and Capital Partners Mobile: 0408 215 858 Email: Fuji Xerox New Zealand drives digital further with Secured Signing partnership 2017-03-22T22:40:40Z fuji-xerox-new-zealand-drives-digital-further-with-secured-signing-partnership The partnership is part of the strategy Fuji Xerox put in place recently to bring enhanced cloud offerings to the New Zealand market. Cameron Mount, Fuji Xerox New Zealand GM Enterprise Consulting, says the partnership addresses a common stalling point for companies which are digitally transforming their business processes.   “Where digital processes tend to break down is when people must print documents to sign or annotate, then scan and send to a second or third party. Introducing a digitally signed option closes the loop and allows documents to move electronically all the way from document creation to archive.”   Secured Signing is a New Zealand company founded in 2010. It provides a comprehensive and compliant Software as a Service platform that uses secure, personalised, X509 PKI Digital Signature technology and enables the customisation of a full range of eForm and eSignature capabilities.   Mount adds that the locally-hosted Secured Signing solution offers advantages over other systems as it charges per document, rather than per signature, making it an attractive value proposition for clients particularly in the healthcare, HR onboarding, financial services, Insurance, and other ‘document-heavy’ industries.   “Broadly speaking, any business which is signing a few hundred documents or more per month should be looking at digital options to accelerate workflow, eliminate errors and free data from paper so it can easily enter a digital workflow,” he says. With tamper-proof digital documents, there is no need for people to print and carry papers. It is possible to transact quickly, particularly with Secured Signing’s ability to facilitate the addition of multiple digital signatures in sequence, allowing collaborative efforts over multiple locations.   Adding electronic signatures, Mount says, is a game-changer for digital process acceleration.   “While digital signing improves the convenience and speed of the act of signing documents, including the ability to do so with mobile devices, the real benefit is the follow-on effect with what happens with documents when they move downstream. With an ‘all electronic’ workflow, information can directly enter backend systems like CRM or DocuShare. That provides the ability for accelerated analysis and use of collated data,” says Mike Eyal, Managing Director, Secured Signing.   The multiple-branched global leader in the recruitment workforce market Manpower Group uses Secured Signing to create a faster and more efficient candidate registration experience. During interviews, Secured Signing has assisted Manpower to shorten by 60 percent the time spent on the filling-in and signing of compulsory paperwork, thus guaranteeing a prompt and compliant hiring process.   "Secured Signing gives candidates the flexibility to complete the online registration pack and sign from anywhere, at any time,” says Michael Cuzic, Director and CFO at Manpower Group. “This, in turn, provides our consultants with advanced accurate information that leaves more time for in-depth interviews and assessments, and for Manpower, creates a competitive advantage within the industry."   The addition of digital signatures to its portfolio of document management and workflow platform is a key component in Fuji Xerox New Zealand’s ability to provide end to end solutions for digitally transformed organisations, continues Mount.   “Our aim is to drive efficiency and better business with a digital platform which makes document processes easy, compliant and secure,” he concludes.   About Fuji Xerox: Founded in 1962, Fuji Xerox Co., Ltd. is a leading company in the Document Services & Communications field, offering solutions and services to help customers resolve their business challenges. Underlying our solutions and services are our world-class office multifunction devices, printers and production printers that we develop and manufacture for worldwide distribution. Together with cloud and mobile solutions, Fuji Xerox builds a communications environment that enable our customers to access the right information, at the right time, and in the right form—thereby contributing to their valuable communications. Fuji Xerox is a 75-25 joint venture between FUJIFILM Holdings Corporation and Xerox Corporation, and its direct sales force covers Japan and the Asia-Pacific region including China. We employ approximately 45,000 people globally, with more than 80 domestic and overseas affiliates / sales subsidiaries. More information of Fuji Xerox is available at   About Secured Signing Secured Signing provides a comprehensive and secure SaaS digital signature service that delivers a full range of form completion and eSigning capabilities combining advanced personalised X509 PKI Digital Signature technology with easy-to-use, simple-to-deploy, compliant solutions. Secured Signing enables its users to utilise smartphones, PCs, any tablet device and any browser, to capture their graphical signature, fill-in, sign, seal and verify documents anywhere, anytime. The solution streamlines business processes, cuts back on expenses, expedites delivery cycles, improves staff efficiency and enhances customer service in a green environment. To learn more about Secured Signing, visit Are You Tax Ready? 2017-03-22T22:04:51Z are-you-tax-ready IF, like most of us you think your personal tax burden is a little too much to bear - consider this, in the 1950s Australia’s top tax rate was a staggering 75 per cent. With around 100 days until the ‘dreaded’ June 30 tax period - specialist accounting firm, Alan McGillivray and Associates has released a few facts and figures which may surprise. * There are around 800,000 companies in Australia. The top 2,000 companies, which earn over $100 million a year, pay almost two thirds of company tax revenue. Australia's company tax rate is 30 per cent, on par with the average rate in the world's ten largest economies and around 10 percentage points below the United States. Only 38% of people donated to a charity and then claimed the donation as a deduction. Around 65% of all taxpayers claimed some form of work related expenses – and 27% claimed more than $1000 each Personal income tax makes up close to 50 per cent of all tax received by the federal government. while ‘indirect taxes’ such as the GST, make up around 14.4% of federal taxation receipts. What kind of apple product you buy can determine whether you pay GST on it. For example, apple cider containing alcohol attracts GST; apple cider containing no alcohol but containing food additives also attracts GST; while apple cider with no alcohol and no food additives is GST-free. Around 90 per cent of all tax revenue comes from just ten taxes. * At the start of the twentieth century, Australia's level of tax measured as a proportion of Gross Domestic Product (GDP) was at around 5 per cent. By the beginning of the World War II in 1939 that was up to 11 per cent, and by the end of that conflict in 1945 it had reached 22 per cent of GDP, about where it remains today. For more information or comment: Contact:  Alan McGillivray & Associates e: ph: (02) 9821 2455 w: Pacific Current Group Limited (ASX:PAC) - Resolutions Pass at Poorly Attended EGM 2017-03-21T02:52:21Z pacific-current-group-limited-asx-pac-resolutions-pass-at-poorly-attended-egm The extraordinary general meeting (EGM) of Pacific Current Group Limited (PAC), held in Sydney last Thursday saw the resolutions put to the EGM by the company adopted. These resolutions were, in the opinion of a concerned group of shareholders representing 5.78% of PAC’s equity, based on an incomprehensible independent experts’ report; and voted on and rubber stamped by the institutional shareholders with little support, as far as we can ascertain, coming from the ordinary and real shareholders of the company.  Not that the EGM seemed to have been considered important enough by the PAC board for most of its members to deign to attend: the no-show by most of the directors, while in accord with the desultory turn-up of shareholders, was an indictment on a listed company seeking approval for major structural change, and yet another slap in the face for long-suffering minority ordinary long-term PAC shareholders.  Outgoing high-profile chairman Mike Fitzpatrick (a director since 2004) had a calendar clash, being in Melbourne where he handed over the baton of chairmanship of the Australian Football League (AFL). That was a far more interesting event, it seems; and no doubt one that brought far more prospect of ego-stroking for Mr. Fitzpatrick than the perfunctory piece of corporate theatre taking place in Sydney.  Nor were any of the Australian directors who were the masterminds behind the 2014 merger of PAC – or Treasury Group Limited, as it then was – with Northern Lights Capital Group, present and accounted for.  Holding the fort were Seattle-based director and global chief investment officer and related party Paul Greenwood, Sydney-based chief financial officer Joe Ferragina and Melbourne-based executive director Tony Robinson.  Joining the Chairman in their conspicuous absence were directors Gilles Guérin (director since December 2014), Peter Kennedy (director since June 2003), Melda Donnelly (director since March 2012), and Jeff Vincent (director since December 2014 and related party).  For such an important meeting, the shareholders who did turn up could have been forgiven for feeling short-changed.  Certainly, the representative of Advocate Strategic Investments (ASI) at the EGM, who voted against the resolutions in conjunction with other shareholders representing in total 5.78% of PAC’s capital, contended that shareholders were justified in feeling that way.  Those shareholders who did bother to turn up were sent to the wrong floor, compounding the impression that they are nothing but a nuisance to the company and the insiders who run it.  The formalities were completed in a perfunctory, clinical fashion – the outcome was a foregone conclusion. A 39-page “presentation to shareholders” was presented, however, only to the Australian Securities Exchange (ASX): it was lodged as a PAC announcement after the resolutions had been voted on and passed. Naturally, given the company’s habitual opacity, there was no discussion of this presentation sought or entertained (by its presenters Tony Robinson, Paul Greenwood and Joe Ferragina) in the meeting of the company’s owners. The representatives of the company were there to rubber-stamp the formalities, not explain the proposals or argue for them on their merits.  It was a total waste of time, all of a piece with the way that, since the November 2014 with Northern Lights, the shareholders of TRG/PAC have seen:  Almost $140 million in write-downs in less than two years, with more inevitably to come; About $220 million of lost market value within the same period; About $70 million of debt saddled onto a once debt-free company; The company’s corporate structure, responsible entity business and infrastructure demolished within Australia, to become in effect managed as a debt-ridden satellite of its US-based true owners; Substantially reduced dividends to shareholders; Non-disclosure e.g., concerning the court case surrounding del Rey Global Investors LLC at the time of the announced merger with Northern Lights; Misleading, deceptive and evasive statements about the operational existence, quality and quantum of the Aurora Trust’s assets and funds, namely The Hermes Accelerator fund, Nereus, Tamro, de Rey and others; and The enrichment of known and unknown executives with questionable performance rights and unsubstantiated payments made from shareholders and Aurora Trust funds (which resulted in a massive 84% protest vote from shareholders at PAC's 2016 AGM).   As far as we can gauge, none of the above will be redressed or changed by the new structure.   From our perspective the following are changes, in no specific order, we expect to see from the company as it proceeds through its simplification process:  Change in board size and composition;  Substantial cut to the excessive remuneration tendency, which has clearly rewarded under-performance at the expense of the company;  Removal of entrenched directors and executives, who have presided over the financial destruction of the company; and    Substantial improvement required in the governance of the company, particularly in areas of strategic and enterprise risk management. What PAC needs to do to recover its position in the burgeoning Australasian market place is to assertively market its “investment brand”, by consistently articulating its:  Disciplined and exacting strategic planning process; Corporate growth and capital allocation strategy (organic or through acquisitions, distribution, product research and development (R&D), share buy-backs, debt and dividend policy;  Marketing and distribution strategy Value drivers behind financial results and future desired state;  Targeted financial and operational performance metrics;  Distinctive tangible and intangible assets, that is, what sets the company apart;  Consistent and credible transparency and timely disclosure; and  Corporate governance policies and best practices.  If the current board will not accept the need for these actions and their prompt execution, it is time for company’s shareholders to find one that will. ******************************************************************************************************************* CONTACT: Primary person – Michael de Tocqueville Email: Domestic 03 9653 9083 or Direct 0402 039 993 Global +61 3 9653 9083 or Direct +61 402 039 993 ******************************************************************************************************************* About ASI ASI is a Melbourne-based independent investment management firm that provides institutional and sophisticated investor clients with customised alternative investment strategies. The firm’s senior investment team uses its unique, company-specific, value-oriented investment approach, with a strong focus on equity special events and credit opportunities. ASI’s approach is focused on the preservation of capital through extensive and rigorous investment analysis on a position and portfolio basis. ASI is the manager and adviser to the Advocate Partners Constructivist investment strategy. Shareholder constructivism is about advocating an owner’s perspective in relation to how a public company is governed and operated, in order to build the conditions necessary for its equity value to appreciate. Advocate Partners an associate of ASI is the holder of Pacific Current Group Limited shares. Disclaimer This Press Release has been prepared by Advocate Strategic Investments Pty Ltd ABN 77 101 691 598 AFSL 224560 (ASI) for the information of shareholders. This release has been prepared from information available to ASI on the date of release and from publicly available sources. ASI has not verified this information and no responsibility is accepted for the accuracy, currency or completeness of this information. This release must not be taken to be financial product advice in respect of shares in the Company. Advocate Strategic Investments Pty Ltd ABN: 77 101 691 598 AFSL 224560 Level 27, 101 Collins Street Melbourne, VIC 3000, Australia  Treasury Group Limited, ASX, PAC, Reuters, AAP, Northern Lights Capital Partners, NLCG Distributors, Northern Lights Midco, BNP Paribas Capital Partners LLC, Laird Norton Company,  AFR, Australian Financial Review, Australian Securities Exchange, Advocate Partners, Advocate Strategic Investments, Michael de Tocqueville, Constructivism, Shareholder Activist, twitter, LinkedIn, Aurora Trust, Aurora Investment Management, Invest Smart, Money Magazine,  Australian Shareholders Association,, Deloitte Touche Tohmatsu, Australian Securities & Investment Commission,    Online auction platform plugs hole in property owners' pockets 2017-03-20T06:22:32Z online-auction-platform-plugs-hole-in-property-owners-pockets Monday, 20 March 2017: On average, more than 500,000 properties exchange hands in Australia every year, according to the Reserve Bank. With a median price well above half a million dollars, and agent commission rates higher than 2%, Australia's real estate agencies stand to make more than $6 billion in commission off Australia's property owners this year alone. Or at least they would have. Sale Ezy is Australia's newest online property auction platform, and from just $1,500 until sold, the website gives property owners the option to sell their property themselves, with the help of a fully-automated system and experienced support team. "Sale Ezy was an idea we initially brought to life ten years ago," says founder and Director, Allan McDonald. "We launched in 2007, as the very first online auction platform for properties. We enabled Australian real estate agents to use the system to reach more buyers who could bid from anywhere in the world." The 2007 launch was a big success and the agent-based Sale Ezy facilitated the sale of millions-of-dollars worth of property. "Agents used it, but more than anything, agents offered to buy it. They wanted to keep it for exclusive use within their brand, or remove it from the market completely, foreseeing its eventual transition into a platform that could be used directly by the public — something that would change the face of real estate in Australia ." After several years under construction and testing, the new and improved Sale Ezy launched in early 2017 — and not surprisingly, it gives Australian property owners the option to cut out agents, avoid commission and sell their home, land or farm themselves. "As a regional real estate agent myself, obviously I see the implications of a platform like Sale Ezy. But with your average commission in the city bringing in around $20,000 for an agency — and often much, much more, it just seems time people are given a choice as to whether they want to use an agent, or sell their property themselves and save money to invest in their next place, their kids' education or something equally important," says Allan. "Real estate is changing and Australia can really lead the way if we want to. Sure, we've seen a few so-called disruptors enter the market, but so far they are all just another real estate service that put money back in agent's coffers, or sites that say they sell, but actually just advertise — and consumers really need to be careful and look out for that. Sale Ezy is your first true disruptor, it's providing an option to take some of that cash out of the agent's hand and put it back in the pocket of the owner." Sale Ezy offers property owners the opportunity to list their own property, once they have a contract of sale from their solicitor. They can schedule an automated auction, control reserve and base price, or promote the property on the Best Offer platform so interested people can make binding offers before the auction begins. With multi-layered ID checking, a built-in open home RSVP system and a support team who can help with everything from pricing and copyrighting to organising photographers; the platform allows the property owner to customise and control their sales experience. "Having started my career as a stock and station agent, working on Australia's first online auction platform, and now in real estate for more than 30 years, I honestly believe this is the next step for our industry. It introduces new options and more capacity for fairness — sure some people will still want to use an agent (which they can also choose to do with the platform), but those who really want to make the most of the sale of their biggest investment will give Sale Ezy a try." Sale Ezy's latest release is new to the market and looking for property owners who would like to sell. Visit or call 1300 662 013 for more information. --ENDS-- myprosperity selects eSignLive to provide accountants and financial advisers with a completely digital experience 2017-03-20T02:15:52Z myprosperity-selects-esignlive-to-provide-accountants-and-financial-advisers-with-a-completely-digital-experience VASCO Data Security International, Inc., a global leader in digital solutions including identity, security and business productivity, today announced it has partnered with online financial platform, myprosperity, to bring e-signatures to Australian accountants and financial advisers. Accountants and financial advisers can now offer their clients the convenience of being able to review and electronically sign financial documents with eSignLive™ e-signatures within the myprosperity platform. This ensures full transparency, increased security and a streamlined process for both parties when managing personal finances in the cloud. myprosperity helps keep accountants and financial advisers central to their clients’ management of accounts in a way that improves the client experience. By eliminating the need to leave the portal to sign personal tax returns and statements of advice, clients no longer have to print, scan, fax or mail paperwork or send documents to a separate e-signature solution. With myprosperity and eSignLive, the entire transaction is completed in less time and takes place entirely behind the accountant or adviser’s portal, freeing up accountants and advisers to better service their clients and uncover additional growth opportunities. The automated signing process returns documents complete and error-free directly into the accountant or adviser’s portal. eSignLive secures signed documents with one-click verification and a visual audit trail with detailed information about who signed when and where, ensuring the ability to produce comprehensive electronic evidence should a dispute ever arise.   According to Stephen Jackel, CIO of myprosperity, “There’s a wave of change happening in the financial services industry in Australia centred around delivering business digitally, especially document transaction signing, because it’s a key component of the client-adviser relationship. For example, our platform captures upwards of 10,000 signatures annually, so by adding eSignLive, we have the flexibility to provide a completely digital approach to how our partners manage their clients’ finances, while providing the convenience to manage and file their documents in a quicker, more secure and convenient way.” eSignLive Vice President of Sales, Marketing and Services, Ilene Vogt, said, “An increasing number of Australian financial services organisations are moving towards digital transformation to provide a more secure and efficient way of dealing with data and to create a seamless customer experience. What’s fuelling growth in the adoption of the e-signature technology in Australia is the availability of in-country data residency, ensuring Australian data in the cloud is kept under Australian jurisdiction,” he explained. Those looking to find out more about e-signatures in Australia can download the Beginners Guide to E-Signatures in Australia at  About myprosperity myprosperity is a software company that has created an online solution for accountants and advisers. We believe that technology can improve how accountants and financial planners work with their clients. Our platform saves time & money, generates more revenue and increases client engagement. We are passionate about helping our partners improve their bottom line and make them more efficient. For more information: eSignLive™ by VASCO® eSignLive™ is the electronic signature solution behind some of the world’s most trusted brands. Regulated industries and top analyst firms recognise eSignLive for its ability to balance the highest levels of security, compliance and auditability with ease-of-use to automate any process – from the simplest, internal signing workflow to the most complex, customer-facing transaction. Available in the cloud and on-premises, and with full white-labelling capabilities, eSignLive supports an organisation’s digital transformation strategy across the enterprise. eSignLive is the trade name of Silanis Technology Inc., a VASCO group company. Learn more at Enquiries: Martin Aungle, Explore Communications: (02) 4872 4981/ 0415 917 381, or Sarah Hanel, eSignLive: +1-250-216-1762,     Sydney surfer startup founder is behind the world-hit contactless payment sunglasses 2017-03-16T10:34:39Z sydney-surfer-startup-founder-is-behind-the-world-hit-contactless-payment-sunglasses An Australian startup has been revealed as the key technology partner of new contactless payment sunglasses which have led to a world sensation after being unveiled at the iconic South by Southwest (SXSW) Festival. Global payments giant Visa unveiled the WaveShades sunglasses to an international audience at the festival in Austin, Texas. The unveiling has attracted television and online media attention across the globe. The fascinating and little-known back story however is that FinTech Australia member Inamo came up with the sunglasses payment concept and provided the near field communication (NFC) chip which is powering the WaveShades. Inamo founder Peter Colbert, a former agent for international surfing stars and still a keen surfer, thought of the contactless payment sunglasses after surfing with friends at Manly beach last year, near his home on Sydney’s northern beaches. “It was my turn to pay for a round of coffees with friends and I realised I didn’t have any wallet or cash to pay,” Mr Colbert said. “I had a light bulb moment and thought ‘wouldn't it be great if I could go surfing, even go for a run or bike ride and not have to carry my wallet or mobile phone’.” “Given that Australia is world-renowned for its beaches and surfing culture, it only makes sense that we are the leaders when it comes to inventing wearable, waterproof technology that does away with cash, cards and wallets.” Mr Colbert then developed the Inamo Curl, a waterproof payment wearable that can be attached to watch and fitness bands and is compatible with any Visa PayWave terminals. The chip used in the Inamo Curl is the same chip embedded in the arm of the WaveShades sunglasses unveiled at SXSW. "I'm really proud as an Aussie startup that Visa chose our payment platform to promote their WaveShades sunglasses at such a prestigious event like SXSW,” Mr Colbert said. “I wish I could have been there but we are collaborating with Visa to promote the WaveShades at the WSL Quiksilver Pro on the Gold Coast this weekend. “Using Inamo's technology in sunglasses is a logical extension of our mission to move people's wallets to a variety of wearables that suit their lifestyle.” FinTech Australia CEO Danielle Szetho welcomed Inamo being profiled on the global stage and said it reinforced Australia’s credentials as a world leader in contactless payments. “Inamo’s rapid growth comes on the back of the fact that Australia has the strongest market penetration of contactless payments in the world,” she said. “Australians are world-renowned early adopters of new technology and that helps make the Australian market such an exciting test and development location for new fintech products.” Earlier this year, hundreds of people attending music festivals across five Australian cities trialled the WaveShades sunglasses, as part of another collaboration with Visa. Visa’s media statement on this is available here. Inamo was a founding resident of the Stone & Chalk fintech startup incubator based in Sydney, Australia. Stone & Chalk is Australia’s only dedicated fintech incubator. Watch a Stone & Chalk video about Peter Colbert talking about how he started Inamo here. About FinTech Australia FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad. Media Contact Peter Colbert Founder & CEO INAMO Level 2, 50 Bridge Street, Sydney NSW 2000 Suite 203, 360 Forest Avenue, Palo Alto CA 94301 (0418) 481 133 Email: Danielle Szetho Chief Executive Officer FinTech Australia Ph. 0414075423 Email: Mark Skelsey Head of PR and Communications FinTech Australia Ph. 0403197523 Email: Celebrating Global Money Week with Free Financial Education 2017-03-16T06:14:49Z celebrating-global-money-week-with-free-financial-education Empowering young people with sound financial literacy is a powerful way to shape the way their life turns out. And every parent wants to do what they can to help their kids get off to the right start financially, but they might not have the knowledge or resources to make that happen. Global Money Week (27 March – 2 April) is an international week of awareness and education events put on by Child & Youth Finance International in partnership with the OECD. It’s all about raising awareness and improving the capabilities of young people when it comes to financial matters. This year’s theme is ‘Learn. Save. Earn.’ To help celebrate, Money101 has created four fun, fast and free online education units. They’ve been designed and developed specifically to promote the #GMW2017 values of educating children about their financial rights, responsibilities and opportunities. These units are free and anonymous to access. What you (or your little ones) learn could change your financial outlook for the better. The units are: Save More Money, Buy Cool Stuff: Do you always spend your money too fast, and have to ask Mum or Dad for more? This unit will show you how to stop wasting your money on random crap, and start saving more money for the stuff you really care about. (Suggested ages: 10+) Your first ever super account: Super is kinda annoying to think about when you’re just starting your first job, and all you want is cash for now. But it’s important to think about it, unless you don’t mind having a lame fun-free lifestyle when you’re older. This unit will show you what super’s all about, how it works, and why you should give a stuff. (Suggested ages: 12-18) Starting your first job: Eventually, you have to stop relying on the bank of Mum and Dad – you’ve got to get a job if you want your own money! This unit shows you what happens after you’ve landed your first job, from signing your contract to getting paid for the first time. (Suggested ages: 12-18) Teaching kids about money: When it comes to getting little kids smarter about money, parents are the first (and biggest) influence. This handy simple guide helps mums and dads get started on teaching kids those essential money-related skills and values. From today onwards, you can access these four units at They’ll be available until the 9th of April, giving you a bit more time to try them out and share them around. On the 12th, we’ll be reporting back on the feedback we receive from parents, kids, educators, service providers, and other stakeholders. Tags: #GMW2017, Global Money Week, OECD, Child & Youth Finance International, financial education, kids and money, #LearnSaveEarn Reference: Our CEO, Catherine Birchall, is available for further comment. For more information on this project, please contact: Jana Joy Marketing Eva Mellors QA & Communications (03) 8612 3100 AIIA survey shows Australians want government to improve its use of technology to deliver services 2017-03-13T21:45:17Z aiia-survey-shows-australians-want-government-to-improve-its-use-of-technology-to-deliver-services Canberra, Australia – 14 March 2017 -- The Australian Information Industry Association (AIIA), the nation’s peak member body for the ICT industry, today released the findings of a national survey that demonstrates almost all Australians (99%) believe they would benefit from government using the latest technology for service delivery, however they rated Government lowest in their ability to do so when compared to other industries. The findings of the survey, which was conducted by Galaxy Research on behalf of AIIA, have been released in advance of AIIA’s Navigating Digital Government Summit in Canberra on Wednesday 5 April. Despite Australians’ universal interest in seeing government use the latest technology, the same survey reveals there is much room for improvement with only a small proportion strongly agreeing that the Commonwealth (16%), State (14%) and Local Governments (12%) are using technology very well to deliver services to their customers. And when compared to other industries, the Commonwealth and State Governments were rated lowest in their ability to use technology to deliver services to their customers. Only 19 percent of respondents said the Commonwealth government and 15 percent chose State governments when asked to select the types of organisations which best use technology to deliver services to their customers. Industries rated higher than government included: banks and financial institutions (64%); online shopping sites (61%); travel information and booking sites (48%); telecommunications providers (39%); entertainment sites (39%); gas and electricity utilities (28%); and health services (25%). AIIA chief executive officer, Rob Fitzpatrick, says the survey results reflect the high rate of technology adoption in Australia and recognise there is room for governments at all levels to improve. “Australian consumers have always been credited as early adopters of new technology, which is consistent with our collective desire to see government using the latest technology. Many expect to have the same experience engaging with government bodies as they would with their bank or an online shopping site. As technology advances, customer expectations keep changing, and it’s important that government keep pace,” said Mr Fitzpatrick. “However, it’s not just about service. The economic benefits from having a digital economy are well known, and there is clear opportunity for government to take the lead and speed up Australia’s digital transformation,” he added. Almost three quarters of Australians said the main benefit they see from government using the latest technology is to improve the quality and accuracy of the services it delivers. “What this result says to me is that even though there have been some misfires recently when it comes to execution, such as the Census outages and the Centrelink errors, Australians want the government to progress and improve its use of technology rather than regress back to the ‘old’ way of doing things,” said Mr Fitzpatrick. Almost two thirds of Australians (64%) believe that the approach to government service delivery that would provide the best experience for customers is to deliver services through a combination of automated channels and customer facing service personnel. However, a breakdown of the demographics reflects generational differences in comfort and experience with technology. Nineteen percent of Gen Y and 13 percent of Gen X believe that the best approach would be fully automated services, whereas only six percent of Baby Boomers and four percent of Traditionalists feel the same way. On the other hand, 26 percent of Traditionalists would like to remove all automation and have services provided by people in customer facing service centres. “We are seeing a generational shift based on the exposure and usage rates of technology among different age groups. While a blend of automated and customer facing services makes sense now, we can see how future generations will be comfortable relying far more on technology to meet their needs. I expect we’ll see our government services evolve over time to reflect these changes,” said Mr Fitzpatrick. The full results of the survey will be presented and discussed at AIIA’s 2017 Navigating Digital Government Summit at Hotel Realm, Canberra on 5 April. AIIA 2017 Navigating Digital Government Summit AIIA’s Navigating Digital Government Summit will focus on how technology is transforming the customer experience. The Summit will explore emerging technologies such as artificial intelligence, machine learning, cognitive intelligence, robotics and quantum computing and what it means for the future design of government service delivery. Speakers will include: Professor Genevieve Bell, College of Engineering and Computer Science at the Australian National University (ANU); The new chief executive officer of the Digital Transformation Agency (who has not yet been announced); The Hon Ed Husic MP, Shadow Minister for Employment Services, Workforce Participation and Future of Work and Shadow Minister for the Digital Economy; Gary Sterrenberg, chief information officer, Department of Human Services Peter Alexander, first assistant secretary projects, procurement and assurance, Digital Transformation Agency; Louise Glanville, deputy CEO for governance and stakeholder relations, National Disability Insurance Agency; Dan Bognar, senior vice president, APAC solutions engineering, cloud sales, industries and innovation at Salesforce; and, Adi Kavaler, global vice president, products & strategy application delivery management for Hewlett Packard Enterprise. The Hon. Angus Taylor, Assistant Minister for Cities and Digital Transformation will deliver the keynote at the closing dinner. # # # About the Survey This study was conducted online by Galaxy Research among a nationally representative sample of 1,004 Australians 18 years or older. Fieldwork commenced on Tuesday 14 February and was completed on Friday 17 February 2017. Following the completion of interviewing, the data was weighted by age, gender and region to reflect the latest ABS population estimates. The full report can be viewed at About the AIIA The Australian Information Industry Association (AIIA) is Australia’s peak representative body and advocacy group for those in the digital ecosystem. Since 1978 AIIA has pursued activities to stimulate and grow the digital ecosystem, to create a favorable business environment for members and to contribute to Australia’s economic prosperity. We do this by delivering outstanding member value by providing a strong voice of influence; building a sense of community through events and education; enabling a network for collaboration and inspiration; and developing compelling content and relevant and interesting information. Media Contact To obtain a full copy of the report, related infographics, or to arrange an interview, please contact: Jeffrey Coote Tel: (02) 8355 3130 Joanna Stevens Kramer Tel: 0408 466 410 Saving for a home deposit: Mortgage Broker gives insider tips 2017-03-13T03:49:10Z saving-for-a-home-deposit-mortgage-broker-gives-insider-tips So, how in the world do people afford to buy a home before they’re 30? Even a $300,000 home requires a $60,000 deposit (unless you want to be charged Lender’s Mortgage Insurance). That’s a huge number for first home buyers. Justin Smith, Principal of Smartline Rockingham Mortgage Brokers, is always surprised when young, first time property buyers walk into his office with BIG savings accounts. How do they do it? Well, Justin asked them – and here’s the things first home buyers do to save up a deposit and get their foot on the property market. Sell unwanted/unused items around the home on sites like eBay and Gumtree. There’s also the added bonus of less stuff to pack and shift when you move into your new house. Think about old gaming consoles, clothes and electronics – you could make hundreds from selling these in a matter of hours. Automate your savings: set up an automatic transfer so that when you get paid a portion of that money automatically goes into your high interest savings account. Make your own lunch for work instead of buying it, potential saving of $30-50 per work week. Try to cut out the number of coffees/other drinks that you buy each week, potential saving $20+ per week. (over $1,000 per year!) Try to entertain at home with friends instead of going to bars/clubs/restaurants, much lower cost for food/drinks. Put ALL your spare money into a higher interest yielding account and don't touch it. Also, check Term Deposits. Put a NO JUNK MAIL sign on your letterbox so you're not tempted by the sales! If it's your birthday/Christmas/wedding/engagement ask for no gifts. Instead, request money towards your home ownership dream. Never give up! What could be a few years of knuckling down will lead you to owning a home you love. If you’re not sure how much you need to save, it’s best to ask one of the experts at Smartline Rockingham to run the numbers and check your borrowing power. By checking with the team they may be able to give you the good news that you’ve already saved up a big enough deposit. Fingers crossed! Investment Trends commends CMC Markets for “helping clients manage risk in volatile times” 2017-03-10T03:14:46Z investment-trends-commends-cmc-markets-for-helping-clients-manage-risk-in-volatile-times-1 Sydney, 10 March 2017 – The Australian FX market returns to growth says Investment Trends 2016 Australia Foreign Exchange Report – citing a record influx of 16,000 new FX traders seeking ‘opportunities in market movements’, and another 13,500 dormant traders reactivating in 2016. The new report showed CMC Markets has the highest brand awareness; and has increased its primary market share to 12% to remain Australia’s second biggest FX provider.  CMC Markets also doubled its net promoter score (to 24% NPS), a key barometer for customer satisfaction and tangible evidence of how its existing clients are willing to positively recommend its products and services to other traders. The new report showed CMC Markets placed third on the overall client satisfaction leader board; placing first in ‘charting’ and ‘platform features’; and featuring in 12 of 17 key service areas. In the context of new market conditions, Investment Trends FX report outlined: Helping clients manage their risk is vital to keep them active in highly volatile market conditions and was instrumental to CMC Markets’ success. Matthew Lewis, head of CMC Markets Asia Pacific said, “In an unpredictable era, FX traders value authenticity and want to trade with a safe provider that offers a superior service and product. This has never been more important considering the large influx of new FX traders to the market. “For those making larger trades it is imperative their capital is safely held in a segregated, Australian bank account and not used for hedging or any other operational purpose”. As a co-founding member of the CFD & FX Forum CMC Markets are pioneers for improved legislation and understands segregation of client money is a core component of trust within the trading community. This sentiment for was underpinned in December 2016 when the Federal Government’s Minister for Revenue and Financial Services, Kelly O’Dwyer announced its commitment to client money reforms, to mitigate risks for traders. “The Investment Trends report highlights the new reforms could ‘dramatically reshape’ the industry in the coming months”, said Lewis. “CMC Markets has segregated client money for many years and as the industry grapples with these changes our focus will be on delivering enhanced platform features on desktop and mobile, and providing a wider education program to give clients more trading insights and opportunities”. Lewis also cited CMC Markets’ continued focus on delivering customer service excellence in an era punctuated by significant volatility spikes. “Our customer service and value proposition is at the heart of CMC Markets offering and we are resolute in driving client satisfaction to further increase market share and growth in key segments to regain the number one position in the Australian FX market,” said Lewis. ENDSAbout The Investment Trends 2016 Australia Foreign Exchange Report Based on a survey of 13,409 traders and investors conducted in November 2016, the Investment Trends 2016 Australia Foreign Exchange Report is the largest and most comprehensive independent study of the online trading market in Australia examining the attitudes and behaviour of current and next wave FX traders.About CMC Markets CMC Markets plc. (CMCX), was established in 1989 and through regulated offices and branches in 14 countries is now one of the world’s leading independent financial services providers. Through our award-winning, online and mobile trading platforms, we enable clients to trade over 10,000 financial instruments including contracts for difference (CFDs), foreign currencies (FX), Binaries and Countdowns, electronically traded funds (ETFs), shares, mFunds (unlisted managed funds), options, listed managed investments, warrants and interest rate securities. Please see our website for more information  Media enquiries: For more information please contact Jacqueline Dearle, ANZ PR Manager on +61 2 8221 2124 or