The PRWIRE Press Releases https:// 2019-05-19T23:37:34Z AMWAY CHINA 2019: ENCORE PRODUCE NATURE INSPIRED LEADERSHIP SEMINAR FOR 6,000 IN CAIRNS 2019-05-19T23:37:34Z amway-china-2019-encore-produce-nature-inspired-leadership-seminar-for-6-000-in-cairns Media release: 20 May 2019 AMWAY CHINA 2019: ENCORE PRODUCE NATURE INSPIRED LEADERSHIP SEMINAR FOR 6,000 IN CAIRNS SEVEN WAVES OF GUESTS TREATED TO AN EVENT SPECTACULAR IN FAR NORTH QUEENSLAND Amway China returned to Australia for the sixth time with more than 6,000 guests for their annual 2019 Leadership Seminar, this time held in Cairns. Seven waves of guests attended the seminar and incentive program between 21 March – 15 April. Designed and organised by Encore Event Technologies, the guests were treated to a spectacular experience including artificial reality, multimedia and robotics show, choreographed dancers and a live concert for the main act. Encore designed an immersive environment for the Gala Program. The design included a 270-degree giant screen that wrapped around the inside of the venue, table-theming which incorporated lighting design, customised soundscapes and roaming performers. All elements came together to take the delegates on a journey through the dinner theme: ‘From the Rainforest to the Reef’. The Gala Dinner Opening sequence featured the edgy Million Volt Man. The entertainment also included the artistic and beautiful Fabric Ballet and an augmented reality act incorporating a choreographed performer attached to a robotic arm. A major highlight was the ‘underwater section’ of the evening’s journey. The ‘Fish Medley’ act included a singing and dancing animated multimedia fish on computer controlled Robotic LED screens that moved with the music. Custom designed tropical reef inspired centrepieces decorated the tables, each individually lit with both intelligent pin-spotting and wireless dmx battery powered lighting. In addition, illuminous head dresses were supplied to delegates, so that they could feel part of the theming for the event. At the completion of the four performance segments, delegates were treated to an amazing high energy performance by The Voice China star Uni Yeh performing with a live band and a team of local dancers. “The guests were blown away by the 270-degree multimedia projection, holographic projection and synchronized robotics. The creative event design was matched with cutting-edge use of technology to create an amazing experience for guests,” said Encore’s Show Producer Andrew MacColl. Amway chose to enhance the attendee experience by selecting a new and unusual venue for the event and the newly constructed wing of the Australian Artillery and Armoury Museum (AAAM) was perfect for both the Gala Dinner and Business Sessions. The venue is the largest military vehicle museum on the southern hemisphere. The delegates were treated to a specially created Tank Show in the parklands behind the museum featuring some of the best of these rare and historical vehicles, including dramatic gun blasts and explosions created with pyrotechnics. However, this unique venue presented major challenges as an event venue; it came without rated rigging points, three-phase power, guest Wi-Fi facilities and air-conditioning. “Working in such a unique venue had its challenges, but also many benefits in that it allowed our team the opportunity to maximise their creativity to bring to life a blank canvas. Special Event Director, John Schryver designed a truly unique and immersive experience which will undoubtedly be remembered long after the event. The team bought his design to life and delivered the series of events flawlessly” said Mr Magafa. Tony Chamberlain, Managing Director, Encore, said it was an honour to work with Amway China again especially in such an iconic and unique Australian location. “The team have been engaged in meticulous planning for months after winning the bid to manage this event. On-site we managed 20 days of install and rehearsals. Then the team delivered both Business Sessions and the Gala Dinner for each of the seven waves. “Our goal was to create an event that showcased the beauty of Far North Queensland while also demonstrating what is possible for a creative business event. Our talented team achieved all this and more, in a challenging venue. This event will go down in Encore history as one of the best,” said Mr Chamberlain. -ends- For media enquiries and interviews with featured Encore team members, please contact: Felicity Zadro, Managing Director, Zadro P: +61 2 9212 7867 | M: +61 404 009 384 | felicity@zadroagency.com.au Brittany Rogers, Account Coordinator, Zadro P: +61 2 9212 7867 | M: +61 481 464 823 | brittany@zadroagency.com.au Images: High resolution images available upon request to Brittany Rogers or click here. The set up for the Gala Dinner Tank display at the Australian Artillery and Armoury Museum (AAAM) The Million Volt Man Uni Yeh performing with The Voice China star Z Chen Dancers performing during the underwater section of the night ABOUT ENCORE EVENT TECHNOLOGIES Encore Event Technologies is a leading global provider of audio visual, event technology and production services at over 460 hotels, resorts and convention centres worldwide. With roots in staging and production services, Encore delivers comprehensive and innovative audio visual and staging services that cater to the unique needs of hotels, hotel-casinos and resorts across North America, including Mexico, and throughout the Asia-Pacific region, and is the premier one-stop shop for event planning, design and staging and production services. For more information, visit www.encore-anzpac.com ABOUT ENCORE EVENT TECHNOLOGIES IN ASIA Encore Event Technologies in Asia is on site at many of the premium hotels in China, the Philippines, Singapore, South Korea and Thailand. The Beijing head office also services many major corporate clients and offers full event production services, from event design and production management to audiovisual, technical, video, creative and digital services. Our teams know how to convey your message and deliver the most compelling event solution possible. For more information visit www.encore-asia.com Investor and Property Acquisition Tax Investment Specialists TLK Partners Sydney 2019-05-19T22:00:28Z investor-and-property-acquisition-tax-investment-specialists-tlk-partners-sydney Does Cash Rule When Buying Investment Property? When considering how to pay for an investment property a number of factors have to be taken into account. One of the toughest is deciding whether to pay in cash or take out a loan or mortgage to fund it. According to TLK partner Matthew Mousa in Sydney, it’s very much a case of choosing which hat fits best for achieving the long term goal behind the property investment, will be most comfortable in the long-term, and keep its shape whatever the weather. When the Numbers Count Choosing the wrong payment could prove disastrous for any of those 1 in 10 Australians who own investment properties. But it is especially tough on three out of four, or close on 75%, of those investors, who own only one. These include young Australians trying to get a foot in the property ownership door while renting elsewhere. But mostly they are made up of mothers and fathers looking to build a retirement nest egg, and who choose (or can only afford) to put all their eggs in a single investment property basket. Their savings and financial futures are tied up in this one-time purchase, and its failure as an investment could be disastrous. RELATED ARTICLE: NSW CGT Chartered Property Tax Investor Accountant TLK Partners Kingsgrove Sydney The When’s and Why’s of Paying Cash Those that pay cash face less stress should the rental market experience a downturn, there’s a recession, or the investor has a minor cash flow hiccup. With a fully paid and operating rental property, there’s always the security of a rental income, even if it has dropped due to these outside forces. Full ownership also keeps open the option to live in it, or the choice to sell it to raise capital. And, best of all there is no need to pay loan or mortgage repayments when the cash flow is taking a knock. Cash also talks loudly when it comes to buying the property in the first place, improving chances of finalising a deal quickly, and getting a bargain in the process. And it cuts down on the frustrations and time involved in negotiating a mortgage or loan. However, Mousa warns that paying cash for the property carries huge risks. It only works if the investor is able to pay for it and still have a large enough left over balance, to maintain the property, pay the necessary levies and taxes, ride the ups and downs in the rental sector, and cover other unexpected expenses such as those spells when the rental stands empty. RELATED ARTICLE: Property Tax Wealth Advice Accountants Kingsgrove Sydney by Expert Matthew Mousa TLK Partners When Mortgages And Loans Fit Best While there can be no choice but mortgages and full or partial loans when an investor does not have access to the amount of cash needed to pay the full purchase price. But they can also be the best choice when the balance after the cash purchase would not be high enough to cover all contingencies. But mortgages and loans have other advantages. They maintain asset liquidity, allowing access to assets when needed, and removing the need to raise a home equity loan against the property during tough times. And they also provide financial leverage because, should the property’s value rise, the return on investment is higher. This is because the increase in value is measured against the amount of cash invested as a deposit, rather than the much larger investment made when an investor paid the full purchase price in cash. Mousa points out that when it comes to choosing to finance for a long term investment like property, it can prove to be both time-consuming and frustrating. The pros and cons, and expert advice such as that provided by TLK Partners' property acquisition division, need to be taken into account before an investor, and particularly a first-time one, makes a decision. RELATED ARTICLE: Investment Property Acquisition CGT Tax Expert Matthew Mousa of TLK Partners Kingsgrove Sydney TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Property Investors Split Income Advice Chartered Accountants Sydney NSW Are Investor and Property Acquisition Investment Specialists 2019-05-19T22:00:12Z property-investors-split-income-advice-chartered-accountants-sydney-nsw-are-investor-and-property-acquisition-investment-specialists Property co-owners and the income split When two or more investors own a rental property together, whether it is rented out all year round or only part-time, the division of rental income is defined by the legal interest that each owner has in the property. Property acquisition and tax expert Matthew Mousa of TLK Partners explains the two different categories this legal interest fall under. Is the legal interest as joint tenants or tenants in common? Co-owners who are Joint Tenants divide the income and expenses related to that property on an equal 50/50 basis. The interesting point to note here is that division of income and expenses in terms of legal interest overrides any verbal or written agreement that the two owners may have. “It is irrelevant if one is earning more than the other and would like to incur fewer taxes by claiming a greater proportion of the rental loss,” Matthew explains. “The division must be in terms of legal interest.” Co-owners who own the rental property as Tenants in Common may have an unequal legal interest in the property, for example, a 30%/70% split. “If this is the case, you would then divide the income and expenses related to the property in terms of your legal interest, in this case, 30% and 70%, again regardless of any other agreement you might have made with the other owner.” Anyone unsure of whether they fall into the category of Joint Tenant or a Tenant in Common should reference the title deed to clear up the matter. RELATED ARTICLE: Private Investors Property Income Has Tax Implications Says TLK Partners Expert Matthew Mousa When is an investor considered to be running a rental property business? Matthew explains that the tax man considers someone to be an investor who is not necessarily engaged in a rental property business, as long as the person doesn’t spend an inordinate amount of time engaged in rental property activities, doesn’t co-own very many properties, and doesn’t derive their income exclusively from the rental property. If someone is deemed to be in the rental property business, the agreement between the partners takes precedence over the legal interest in the properties. The income and expenses associated with the business must be divided in terms of the partnership agreement. RELATED ARTICLE: Superannuation Tax Estate Planning Private Wealth Financial Planning Sydney TLK Partners "Investor's trust TLK Partners to advise them of the best legal structures to maximise their return on investment," Matthew concludes. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Financial Expert Thomas Mousa Says Election Outcome A Win for Business 2019-05-18T22:21:47Z financial-expert-thomas-mousa-says-election-outcome-a-win-for-business Morrison Answers Business Owners Prayers NLP leader and devout Christian, Scott Morrison, had his prayers answered last night in an election victory of biblical proportions. The shock win has been described as a ‘miracle’ by Australian political commentators, which saw the NLP defy the polls with major swings in Queensland and Tasmania ending opposition leader, Bill Shortens, political career. “I believe in miracles,” Morrison said in his victory speech. While the win may not appear to be in the same league as ‘David and Goliath’ or ‘Noah’s flood’, but for the majority of Australians and business owners, it just may be. We asked financial expert Thomas Mousa, director and partner of Sydney based TLK Partners, to comment on the effects of the NLP’s win for businesses. The NLP’s primary election policy was tax cuts. Tax cuts will provide tax breaks for more than 10 million Australians and simplify the system by removing the 37 per cent tax bracket entirely. “The implication for business is simple, lower PAYG tax implications as the tax brackets are adjusted,” Mousa said. The measures will cost the Treasury $158 billion over 10 years. “From July 2022, the government will raise the 19 per cent tax bracket from $37,000 to $45,000 and from July 2024, the plan is it will reduce the 32.5 per cent rate to 30 per cent and do away with the 37 per cent rate,” Mousa says. “Ultimately, this will make a flat 30 per cent tax rate for anyone earning between $45,000 and $200,000, which is a much-simplified tax system,” Mousa stated. The NLP’s simulations demonstrate a worker earning $200,000 a year will get a tax cut worth $11,640 compared with $1205 for someone earning $50,000 a year. Either way, the outcome for businesses is a win for cash flow. RELATED: TLK Partners Kingsgrove Aged Care, Financial Assets Specialists and Wills Retirement Experts Explains Estate Planning in Sydney Another key election promise of the returning government for business is an Instant asset write-off. Businesses with revenue greater than $50 million can write-off assets against their taxable income. Previously, businesses with revenue greater than $10 million were excluded from the scheme. The NLP has also increased the threshold from $20,000 to $25,000. Medium businesses stand to benefit more from the new expanded instant asset write-off than their smaller counterparts who are required to elect to use simplified depreciation to access the write-off. Mousa comments, “This is great for medium-sized business, however, a small business entity that does not elect to use simplified depreciation may be excluded from accessing the instant asset write-off both under the small business and medium-sized business definitions.” “A more beneficial change for small business owners would perhaps have been to extend the instant asset write-off to all small business entities irrespective of whether they elected to use simplified depreciation for small business or not,” Mousa says. RELATED: TLK Partners Sydney, NSW Aged Care and Financial Income Protection Expert Delivers Investors Tax Wealth Clients Warning to Australian Investors "Business owners trust TLK Partners to steer them in the right direction and to assist them in maximising their business assets," Mousa concludes. Political pundits are praying that Scott Morrison, having now won the vote of Australians in his own right, will have a period of political stability as Morrison is the seventh Australian Prime Minister in 11 years. And the people said, "Amen." TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Advisersare financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, and it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Property Tax Admin Deductible Accountants Sydney NSW Are Investor and Property Acquisition Investment Specialists 2019-05-18T22:00:56Z property-tax-admin-deductible-accountants-sydney-nsw-are-investor-and-property-acquisition-investment-specialists Property Tax: What admin fees can be claimed? Continuing its focus on immediately deductible expenses with regard to rental properties and tax, Matthew Mousa, tax expert and partner at TLK Partners in Sydney, takes a closer look at some of the administrative expenses rental owners can deduct immediately. RELATED ARTICLE: How Part-Year Rentals Affect Property Investors Tax Claims Says TLK Partners Expert Matthew Mousa Corporate body fees and charges Matthew explains that body corporate fees and charges are normally split into two different categories i.e. fees for day to day administrationas well as a general purpose sinking fund, and maintenance and contributions to a special purpose fund. “Rental property owners are allowed to claim for fees used by the body corporate to administer and maintain the rental property, as they can reasonably be considered legitimate expenses in maintaining the rental property and improving the generation of rental income,” Matthew says. Likewise, contributions to a general purpose sinking fund are permitted, as the general purpose sinking fund is used by the body corporate to fund maintenance of a capital nature of the common property. Examples of this use would be the repainting of the common property. However, contributions to a special purpose fund, generally assumed to be used for additions and renovations to the common property of a capital nature, are not claimable as deductions, Matthew warns. “In this case, owners would only be able to claim contributions to this fund under the capital building works regulations according to which deductions are usually spread over a period of several years.” Lease document expenses Costs incurred during the preparation, registration and stamp duty on a lease agreement are deductible in relation to the use of the rental property for rental income. This also applies to the surrender of a lease in areas of Australia where most property is held from the crown on a 99-year leasehold. Property agent’s fees and commissions Owners of rental properties are allowed to claim any fees and commissions charged by a rental property agent or manager for the management and inspection of the property, and for the collection of rent on their behalf. They are not, however, allowed to claim for expenses charged by an agent for the acquisition or sale of the rental property. "As stated earlier, all these expenses are viewed as immediate, and owners are allowed to claim them in the year they were incurred," Matthew concludes. RELATED ARTICLE: Impact Of ALP Tax Change Proposals By Aged Care, Estate Planning and Private Wealth Management Accountant Financial Expert Thomas Mousa of TLK Partners In Sydney TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Property Tax Deductible Accountants Sydney NSW Are Investor and Property Acquisition Investment Specialists 2019-05-17T22:00:10Z property-tax-deductible-accountants-sydney-nsw-are-investor-and-property-acquisition-investment-specialists Property Investor Advice: Interest, Land Tax and Other Deductibles In examining immediate deductions associated with rental properties, TLK Partner and property acquisition tax expert Matthew Mousa takes a closer look at certain areas like interest, council rates, land tax, legal expenses, tax-related expenses and mortgage discharge expenses. Interest on loans The interest charged on a loan raised to acquire an investment rental property is deductible. If, however, the owner changes his mind and decide to use the property for personal use, they can only deduct the interest charged on the loan until their intention for the property changed. “As long as the property is rented, or available for rent, you can also claim the interest on loans used to purchase depreciating assets, repairs and renovations,” Matthew clarifies. “The deduction applies from the time you take out the loan, even if you use the loan to finance major renovations on a property you intend to rent out to tenants when the renovations are complete.” As of 1 July 2019, Australian investors will lose the right to claim all expenses, including interest, associated with the holding of land intended for income producing assessable future income. "It's referred to as an 'integrity measure’ to be introduced to wipe out fraud, whereby investors had been claiming the deduction of interest on land that had not ultimately been used by that investor as an income-producing asset," Matthew explains. However, most banks in Australia offer loans that can be used to buy a rentable property and, at the same time, get a new car. In this scenario, he says, property owners may only deduct the proportion of the interest on the loan used to buy the property - the interest charged for the section of the loan used for buying the car may not be deducted. RELATED ARTICLE: CGT TAX Accountants Sydney NSW Are Investor and Property Acquisition Investment Specialists Land tax The critical thing about land tax deductions involves the time-period for which the owner is liable for it. “This is not dependent on when you submitted a return, or when the tax office issued an assessment. Instead, it involves a strict relationship between what tax year the liability occurred in, and what year’s rental income it can be deducted against. These two must match completely,” Matthew says. The timing of land tax liability differs from state to state. In many states, the liability is for the period during which the owner used the property to generate rental income. “A land tax assessment can be made, and an arrears land tax assessment issued, but this might not be done in the same year during which you were renting the property out to tenants,” Matthew explains. If an owner receives an arrears land tax assessment and pays the arrears, the land tax deduction must be against the rental income for the same year the arrears tax assessment in which it refers. So if the arrears assessment refers to rental income earned in 2017, an owner can only deduct it against that year’s income, even if the assessment was only issued, and paid, during 2019. If the investor sells the property, and there is a land tax adjustment, the owner will need to declare the amount they get back as an income for the year in which this pay-out is received. Legal expenses Matthew says, legal expenses are deductible for the costs incurred for evicting a non-paying tenant; the legal fees for court action for loss of rental income; and defending damages claims for injuries to a third party incurred on a rental property. Other legal expenses relating to the purchase or sale of the property and defence of a title deed, are deemed of a capital nature and so are not deductible. Mortgage discharge expenses Mortgage discharge expenses generally involve penalty interest payments for discharging, or paying off, the mortgage early. This penalty interest is deductible if a mortgage secured the money loaned to purchase the rental income property, and the owner’s ability to pay the mortgage off would be affected by the inclusion of penalty payment for doing so. Matthew says, "The mortgage discharge expense is also deductible if the penalty interest payment was made to free the taxpayer of having to continue to pay interest on the loan." RELATED ARTICLE: Sydney Aged Care Property Acquisition Tax Expert Explains Why Property Owners Claim On Borrowing Expenses Matthew Mousa of TLK Partners Sydney "Investors must maximise their investment portfolio, and the best way to do that is by leveraging legal taxation deductibles, that is our daily occupation," Matthew concludes. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Property Acquisition Investor Aged Care Investment Financial Planners Sydney NSW 2019-05-17T06:56:08Z property-acquisition-investor-aged-care-investment-financial-planners-sydney-nsw How to Make your Investment Property Work For You Traditional property investment may hinge on the long-term returns it brings in terms of capital growth. But for many Australian investment property owners, the short term returns provided by rental properties are their reason for buying the property. They don't have the time or money to wait for the property value to grow and provide capital gains. But for a rental to be successful, and that rental income to flow, the property has to be operational and occupied as soon as possible, says Matthew Mousa, TLKPartners’ financial and property acquisitionadviser. Why Australians Invest in Property Investment properties account for more than a quarter (or 2.6 million) of Australian dwellings, and most are individual investments. The owners' reasons for investing in the first place are varied. But the most common one according to close on 80% of 1,000 survey respondents was, “I want to set myself up financially for the future”. Other popular responses claimed it was more beneficial than shares, tax benefits, retirement preparation, and negative gearing, in that order. A far smaller 33% cited capital gains as the reason for investment. Yet more than half their owners are claiming losses on their tax returns. RELATED ARTICLE: Millennials Investment Property Advisor Chartered Accountant TLK Partners Kingsgrove Sydney Open for Business Immediately Mousa says that tenants are the lifeblood of property investment, and determine its success or failure. However, many first time investors seemed to be unaware of the urgency to get the property running and occupied. Instead, they are spending too much time (and money) on unnecessary renovations and touch-ups or beautifying the premises in the belief that this is necessary to attract the right tenant. Instead, Mousa says the most crucial requirement is that the property is available, it's in good condition, and it is clean, safe and functional. Unnecessary extras and frills are unlikely to push up the rent, and may even be a deterrent should potential tenants not feel at home with the style. He says the vacancy rate in the area largely controls the rental rate and advertising spend, and the number of tenants looking for a home. And the type of tenant a property attracts is mostly governed by its location. Unless a low vacancy rate replaces choice with desperation, tenants will opt for rentals in areas which provide security, ease of access, and convenience. Students will look for a place close to the university, and office workers will want the shortest commute to work. Families, on the other hand, will probably opt for a house close to schools, shopping centres and hospitals. RELATED ARTICLE: Impact Of ALP Tax Change Proposals By Aged Care, Estate Planning and Private Wealth Management Accountant Financial Expert Thomas Mousa of TLK Partners In Sydney Keeping the Property Working Post-occupation maintenance of the property is vital, according to Mousa, both for the owner and the tenant. If maintenance is handled correctly and timeously, it can encourage good tenants to stay long-term and provide a stable rental stream, instead of packing their bags and leaving which could result in a break in the income flow until another tenant is found. And proper maintenance will not only keep the property in shape and the tenant happy, but it will prevent its market value from sliding down. For maintenance to be kept up to date, a capital budget is needed, preferably amounting to about 5% of the annual rental income. This is to cover the costs of small projects like replacing blinds, gutters, smoke alarms and so on, as well as bigger ones that arise less regularly, like a bathroom or kitchen, refurbishment, painting the property, or replacing an appliance like a stove or fridge. RELATED ARTICLE: Private Investors Property Income Has Tax Implications Says TLK Partners Expert Matthew Mousa Think Long Term Finding the right tenant, one who pays the rent regularly and on time, who keeps your property clean, and doesn’t cause a nuisance, may seem like a dream come true for a property investor. But keeping one is even more important, says Mousa. Making the tenancy work for the owner involves having the right background checks and systems in place when choosing a tenant, so as to protect the rental business and income. Making it work for the tenant calls for the owner to provide them with a comfortable home on a well-maintained property, be consistent and professional, charge a market-related rent with reasonable increases, and attach fair terms and conditions. "Property investors trust TLK Partners to steer them in the right direction and to assist them in maximising their return on investment," Mousa concludes. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Advisersare financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, and it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Ford Finds Buyer For Its Local Manufacturing Plants In Australia 2019-05-17T06:25:07Z ford-finds-buyer-for-its-local-manufacturing-plants-in-australia Victorian developer Pelligra Group buys the Geelong Engine Plant and Broadmeadows assembly line sites, to be renamed Fortek and Assembly. Pelligra, the company that purchases the former Holden Elizabeth manufacturing plant before two years ago, plans to fund approx. $500m in the reconstruction project with the focus of charm manufacturing and technology innovation companies. Mr Ross (Chairman Pelligra) says the development will produce thousands of new jobs placement during and after construction. “We are committed to finally delivering approx. 5000−8000 jobs in the next 4 to 10 yrs, with the first manufacturing holder anticipatory to start projects on work site within a year,” he says. Ford will keep its analyse & development facilities at both sites, as well as the You Yangs proving ground. The Blue Oval will finance approx. $500m this year in R&D in Australia, manage thousands of local placements. Mr Kay Hart (Chairman Ford Australia)says the firm is pleased that the sale can help raise innovation and development in Victoria(the state in south-eastern Australia). “We are grateful that Pelligra Group will build on Ford’s ongoing engineering and formation presence by affixing new chance for revolution, ideas and career in Geelong and Broadmeadows,” says Kay Hart. “Ford’s Geelong and Broadmeadows sites have played a central role in the yesteryear of Australia’s automotive industry as centres of technical quality and have been part of the fabric of the local groups for generations.” Ford Australia stop manufacturing in October 2016 ending 91 years of local manufacturing. The termination resulted in the passing of local favourites, the Falcon and Territory. However, as Australian traders increasingly shifted away from large sedans, the Falcon no longer sold in sustainable numbers. Author Bio: Hi there! I'm Dave, and I have a most abnormal hobby. I love visiting automotive companies & local car wrecking yards. As part of the research & development for my theory on the effects of automotive world and more. I have started this article to outline all the ways that how the local groups helps automtoive business in Australia. Millennials Investment Property Advisor Chartered Accountant TLK Partners Kingsgrove Sydney 2019-05-15T22:00:58Z millennials-investment-property-advisor-chartered-accountant-tlk-partners-kingsgrove-sydney Rent or buy? Australian Millennials Face Tough Property Choice Millennials born into an Australia regarded as a country of home-owners, picket fences, and 20 to 40 employment tenure, have found themselves in a quandary when deciding whether to follow in their parents’ footsteps into home ownership. But TLK Partners’ wealth planning adviser Matthew Mousa, says a growing number of millennials are starting to realise they can mix the best of the old and the new by taking an “investment now, home later” approach to buying a property and getting someone else to help pay their way by renting it. Struggling to Keep Up With the Pace Now in their early 20s to late 30s, the millennials born in the dying decades of the 20th Century have found their lives, like the world they live in, changing at a pace that has affected where they live and how long they will live there. Caught in a 21stCentury world of bills, insecure job markets, soaring property prices and the growing need for larger mortgages and bigger deposits, increasing numbers have abandoned the previous generation’s dreams of long-service watches and lives spent in one place. Instead, they chose to follow (and live close to) the money, no matter where it took them, and how often it did so. And they stuck to that decision even when it meant becoming permanent renters. Mousa said this led to a ‘deal with it tomorrow attitude’ to long-term wealth planning in general, and housing in particular. However, according to the NSW wealth planner, millennials are now warming to the idea that they can benefit from property investment by swapping their perma-renter status for that of a perma-vester. Millennials Making Property Work for Them Millennials compelled by their careers to stay in urban areas with soaring rents are looking into the option of buying cheaper and smaller properties than those their parents’ bought. They are choosing locations outside the city centres or in rural areas and renting them out for returns that will help pay their own rent in the city, fund their lifestyle or contribute to mortgage payments. Mousa said that although property prices dropped by an average of 2,4 per cent (or a staggering $133 billion) in Australia towards the end of 2018, particularly in the country’s largest cities like Melbourne and Sydney, most investors still see property as a good investment option. Prior to this dip, figures tracking the Australian housing market over the last quarter century showed that house values enjoying a 6.8% growth rate, rising by an average of 412% during the period to over $450,000 from just over $100,000 in 1993. And if it keeps going that way for the next quarter century, house values could reach an average price of $2.9 million. And if it doesn’t, the recent drop in prices might open the door to young investors like the millennials entering this investment arena in greater numbers, before prices start to rise again. "Investors of any age and at any stage of their lives require solid advice, and that is what we provide," Mousa concludes. Related Article: Property Tax Wealth Advice Accountants Kingsgrove Sydney by Expert Matthew Mousa TLK Partners TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Advisers are financial management, retirement planning and wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, and it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media, the Market Influencers. Feed the Planet: Australia-Based Accelerator Drives Multi-Million Dollar Boost For Global Food and AgTech Startups 2019-05-15T03:13:28Z feed-the-planet-australia-based-accelerator-drives-multi-million-dollar-boost-for-global-food-and-agtech-startups Orange, New South Wales – May 15, 2019: A clutch of the world’s leading start-ups working on innovative food and agricultural technology, including solar-powered WiFi, laser-based indoor farm lighting systems, and a ground-breaking online lending platform, have joined SparkLabs Cultiv8 and are now on the fast track to Australia’s largest AgTech demo day to be held in Sydney on Tuesday 10 September. They follow in the footsteps of the first cohort of SparkLabs Cultiv8 companies which graduated from the world leading food and ag tech accelerator in 2018 and have since enjoyed spectacular success raising a total of $17 million throughout the year, and now racking up strong international sales and partnerships with leading companies. The companies in the 2019 SparkLabs Cultiv8 cohort hail from Australia, Israel, the US, and Saudi Arabia and are destined for similar success. Each startup has received an investment of up to $100,000 seed funding from the SparkLabs Cultiv8 accelerator. Over the next couple of months, the cohort participants will work closely with local and international mentors to accelerate their progress. Participants in the program will also benefit from the resources of Asia’s largest accelerator group, SparkLabs and the New South Wales Department of Primary Industries with cohort participants able to access the space and resources of the Global AgTech Ecosystem (GATE) located in Orange, NSW. According to Guy Hudson, Executive Director of SparkLabs Cultiv8, “We already know that by mid-century the global population will be nearly 10 billion and demand for food will soar 75 per cent with half of that demand coming from Asia. By working with the world’s leading food and agtech companies now, SparkLabs Cultiv8 is able to help tackle that challenge by accelerating these start-ups’ progress. Our model is for seasoned entrepreneurs to work with new founders to grow their businesses, maximise their impact and provide access to international networks of investors, customers and partners.” This year’s SparkLabs Cultiv8 cohort includes: Agrinet – an Australian company that has developed affordable solar powered on-farm WiFi overcoming mobile blackspots and helping to simplify and streamline farm management. InnerPlant – the world’s first biosensor sentinel plant platform, developed by a US-based startup, that senses plant changes at a molecular level, alerting farmers to allow instant action. Oaesis – based in Saudi Arabia, Oaesis is developing laser-based lighting systems for indoor farming that dramatically improve efficiency and reduce energy and watering costs. MPT – an Australia-based business using sensors located in specially designed farm equipment to measure moisture in soil, collecting data that can be used to optimise planting and yields. SIPP – an Australian company changing the way we think about coffee. They’ve developed a unique range of functional beverages packaged in sustainable home compostable packaging with $1 from every pouch sold donated to organisations dedicated to making our planet more sustainable. The Training Paddock –an Australian-developed online skills management system providing farmers with insights about workers’ skills, and steers and validates workers’ professional development. Traive – initially being rolled out in Brazil, Traive is an online lending platform using artificial intelligence and big data to support new risk-reduced lending opportunities in agriculture. The highly successful graduates of the 2018 SparkLabs Cultiv8 program include James Tyler, which has built a multi-channel platform now selling leading Australian produce through some of China’s largest “new retail” customers including AliBaba’s Hema store. They are now the largest exporter of fresh Australian dairy to China and raised $1.4m from Australian private and institutional investors to fund their expansion. Farmbot secured a national alliance with leading agriculture merchandise supplier, Ruralco, that will see Farmbot distributed nationally across some 600 stores. Hydroleap signed a multi-year, multimillion dollar deal with their largest client yet while Ripe.io completed a $US2.4 million seed round with investors including Maersk Ventures. About SparkLabs Cultiv8 SparkLabs Cultiv8 (www.sparklabscultiv8.com) is a startup Food and Ag Tech Accelerator founded by entrepreneurs for entrepreneurs, and launched in partnership with the NSW Department of Primary Industries and SparkLabs, Asia’s largest accelerator group. The focus is on helping entrepreneurs to go global, working with startup companies from the Ag, Food, Sustainability and Technology sectors. The mentorship-driven accelerator program is six months long and provides funding, office space, a tailored program and access to a top-tier network of entrepreneurs, venture capitalists, angel investors and executives. The Accelerator program is supported by partners including MinterEllison, The MLA Donor Company, KPMG, CISCO and the Global Accelerator Network (GAN). ENDS Gartner Says 40% Of Gen Z Employees Regret Accepting Job Offer 2019-05-15T01:47:21Z gartner-says-40-of-gen-z-employees-regret-accepting-job-offer 14 May, 2019 — A growing number of candidates are regretting their career decisions, according to business research and advisory firm Gartner, Inc. In 2018, 40% of Gen Z respondents reported that they would not repeat their decision to accept the job offer they had accepted and only 51% said they could see themselves having a long career at their organisation. Candidate regret leads to turnover, low engagement and low productivity; more than one-third of candidates who regret their decision intend to leave their position within 12 months. “To address this increase in candidate regret — and stem the ensuing issues with underperforming talent and/or high turnover — organisations need to better understand what Generation Z candidates want,” said Lauren Smith, vice president of Gartner’s HR practice. Gen Z candidates, those born from the mid-1990s to the early 2000s, are the first digitally native generation to enter the workforce and understand that innovation and change are a constant. To ensure they are staying relevant as technology and business processes advance, Gen Z workers are keen to leverage various types of development opportunities, from training programs and boot camps to continuing education. Data from Gartner’s Global Labour Market Survey found that in 2018, 23% of Gen Z candidates listed development opportunities as a top attraction driver, compared with only 17% of their millennial predecessors in 2013. Along with development opportunities, Gen Z candidates expect flexibility in their work arrangements. In addition to the ability to work from any location, these workers believe work should accommodate play and play should be incorporated in work. “With this latest crop of workforce entrants, we are seeing an increased focus on work-life integration and the ability to pursue interests simultaneously both in and out of the workplace,” said Ms. Smith. New Priorities Compensation is no longer a guaranteed method for keeping the young workforce in seat, according to Gartner. In 2018, 38% of Generation Z candidates said that they would leave a job because of compensation, compared with 41% of millennials in 2013. Gen Z candidates also differ from their millennial predecessors on seeking a defined career path. According to data from Gartner’s Global Labour Market Survey, in 2018, only 25% of Gen Z candidates listed future career opportunities as a top attraction driver when considering a job; in 2014, 34% of millennials felt the same way. Managing Differently “Given that today’s graduates are focused on learning and developing skills, employers looking to gain a career commitment from their Gen Z employees must ensure they offer these opportunities,” said Ms. Smith. “Our research shows that more than anyone, it’s an employee’s manager who influences the type of development an employee gets on the job.” In today’s digital age, graduates know they possess unique skill sets that are very much in demand and make up for a lack of experience. Management approaches must adapt to this new reality and shift from an “always-on” approach to a “Connector” manager approach. Connector managers foster meaningful connections for their direct reports to and among employees, teams and the organisation to develop an employee’s specific capabilities. Not only are managers crucial to ensuring their employees’ portfolio of skills stays relevant — a key concern of Gen Z — but they can improve the performance of employees by up to 26% and triple the likelihood that their direct reports will be high performers. “Employers who want to capitalise on the influx of Gen Z candidates into the labour market must consider how best to appeal to these individuals and reduce the desire for them to seek alternative career opportunities,” said Ms. Smith. About Gartner ReimagineHR Gartner experts will provide additional insight into the labour and talent issues at the Gartner ReimagineHR Conference, taking place October 28-30 in Florida. Gartner ReimagineHR is the premier event for HR leaders around the world. Join Gartner and senior HR executives to hear key insights and learn actionable strategies necessary to support organisational performance. Gartner ReimagineHR will also be held August 6-7 in Sydney, and September 18-19 in London. Follow news and updates from these events on Twitter using #GartnerHR. About Gartner for HR Leaders Gartner for HR Leaders brings together the best, relevant content approaches across Gartner to offer individual decision makers strategic business advice on the mission-critical priorities that cut across the HR function. Additional information is available at http://www.gartner.com/en/human-resources/human-resources-leaders. About Gartner Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company and a member of the S&P 500. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities and build the successful organisations of tomorrow. Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. We are a trusted advisor and objective resource for more than 15,000 organisations in more than 100 countries — across all major functions, in every industry and enterprise size. To learn more about how we help decision makers fuel the future of business, visit www.gartner.com. # # # Gartner Survey Shows CIOs in Australia and New Zealand Are Making Slow Digital Business Progress 2019-05-15T00:59:45Z gartner-survey-shows-cios-in-australia-and-new-zealand-are-making-slow-digital-business-progress Sydney, Australia, May 15, 2019 — While 30% of organizations in Australia and New Zealand (ANZ) are now starting to scale and harvest value from their digital investments, the remaining 70% are still evolving their digital business foundations, falling behind in rethinking business models, uplifting consumer experiences and shifting from project to product centricity, according to a survey from Gartner, Inc. The Gartner 2019 CIO Agenda Survey gathered data from 3,102 CIO respondents in 89 countries and across all major industries, including 161 respondents from ANZ. Brian Ferreira, vice president Executive Programs at Gartner, said digital resilience will be required for ANZ organizations evolving toward digital business maturity this year. “CIOs must step up to lead their enterprises through a year of predicted tightening economic conditions, competition from digital giants and political volatility. It’s more important than ever to maintain momentum during times of uncertainty, not only for digital business transformation, but also for long-term business viability.” According to the survey, digital initiatives are the highest priority for 25% of ANZ CIOs in 2019. Revenue/business growth is ranked second (16%), ahead of customer experience and cost optimization/reduction (tied for third at 10%). Cost optimization/reduction has jumped from No. 10 priority in ANZ last year to No. 3. Flat IT budgets The survey results indicate that transformation toward digital business is challenged by flat IT budget growth of 1.5% in ANZ in 2019, which is increasing less than the projected 1.9% inflation rate. This is compared with the 2.9% growth that CIOs globally expect this year. Flat IT budgets in ANZ will limit capacity to meet the leading CIO priority of digital initiatives. “The risk during these uncertain times with limited budgets is to make short-term investment decisions, which can slow or even reverse digital business transformation progress,” Mr. Ferreira said. “For those who stick to their plans and focus on the long-term vision, the returns will be there.” The top five areas in which ANZ CIOs will invest new or additional funding in 2019 are: business intelligence and data analytics (54%); cybersecurity and information security (40%); core system improvements and transformation (34%); cloud services or solutions (32%); and customer/user experience (31%). AI and analytics shape the CIO technology agenda The CIO Agenda survey indicates that disruptive emerging technologies will play a major role in reshaping business models in ANZ as they change the economics of all organizations. Twenty-seven percent of ANZ CIOs expect AI to be the most disruptive technology for their organizations in 2019, taking the top spot away from data and analytics, which now occupies second place at 22%. According to the survey, 77% of ANZ CIOs are already using AI technology. The top three ways AI is being used is for process optimization (32%), chatbots (26%) and computer-assisted diagnostics (21%). “The rapid shift to AI looks revolutionary on the surface, but ANZ CIOs aren’t very innovative in creating uses for AI,” said Mr. Ferreira. “They need to experiment more to identify a greater range of uses within their organization if they’re going to keep up with the innovators and disruptors in the market who invest more in it.” C-Suite reporting lines lagging global trend Only one in three ANZ CIOs report to CEOs, compared with 43% of CIOs in typical-performing organizations globally, and 56% in high-performing organizations. One-third of ANZ CIOs report to a COO, and 17% to a CFO. As a result, IT is failing to influence business change and growth, according to Gartner. “ANZ CIOs have the chance to step up to become more influential business leaders, but most are not seizing that opportunity to drive change,” Mr. Ferreira said. “Those that take the lead with their business peers can drive innovative thinking in business models, consumer experience and moving from a project to product focus in how technology is delivered.” Gartner clients can learn more in the report “2019 CIO Agenda: An Australia and New Zealand Perspective.” Additional analysis is available in the complimentary webinar replay "2019 CIO Agenda – Australia and New Zealand Perspective" available now. About Gartner IT Symposium/Xpo Learn more about CIO leadership and how to drive digital innovation to the core of your business at Gartner IT Symposium/Xpo 2019. Follow news and updates from the events on Twitter using #GartnerSYM. Upcoming dates and locations for the 2019 Gartner IT Symposium/Xpo include: June 3-6: Toronto, Canada September 16-18: Cape Town, South Africa October 20-24: Orlando, Florida October 28-31: Sao Paulo, Brazil October 28-31: Gold Coast, Australia November 3-7: Barcelona, Spain November 11-14 - Goa November 12-14 - Tokyo About Gartner Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company and a member of the S&P 500. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities and build the successful organizations of tomorrow. Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. We are a trusted advisor and objective resource for more than 15,000 organizations in more than 100 countries — across all major functions, in every industry and organization size. To learn more about how we help decision makers fuel the future of business, visit www.gartner.com. # # # Whitfords Offers Discounts on Falcon Induction Cookers 2019-05-15T00:07:17Z whitfords-offers-discounts-on-falcon-induction-cookers Sydney’s appliance store Whitfords has a new promotion on Falcon induction range cookers. Customers who purchase a new Falcon induction range cooker during the promotional period, Wednesday 1st May to Thursday 30th May 2019 (inclusive) will receive the discounts off the retail price. The eligible models and the discounts include $1,200 off any new NEX110EI, CLA110EI5 and PROP110EI5.  And $1,000 off any new NEX90EI, CLA90EI5 and PROP90EI5. The Falcon sales order must be received by Andi-Co Australia Pty Ltd by Thursday 30th May 2019 (inclusive) with a 20% minimum deposit paid as per the general terms & conditions of sale.  To remain eligible for the discount, the cooker must be paid for in full no later than Friday 28th June 2019 (inclusive).  To remain eligible for the discount, the cooker must be delivered within 6 months of the date of the order (inclusive).  The promotional offer is non-transferrable to purchases made prior to the commencement date of Wednesday 1st May 2019. Falcon is in fact the world’s oldest cooker manufacturer and has been producing cooking appliances for over 150 years. The brand has brought professional expertise to the domestic market with its range of premium cooking appliances. Using professional grade materials and the latest technology, Falcon’s products are stylish, contemporary and come with a full guarantee. Whitfords is Sydney’s top destination for all kitchen household appliances. Whitfords is a family business with decades of experience in home appliances. Their range of in-store products is ideal for everything customers desire in their dream kitchen. They stock high quality home appliances, including brands like Miele, Smeg, Aeg, Asko, Neff and Falcon. Clients can visit their 2,000 square metres show room and warehouse in Five Dock to conveniently select from their wide range of electrical appliances, ovens, dryers, fridges, dishwashers and more, available only in-stores. Whitfords also has a great deal on ILVE cooking appliances. The new ILVE promotions began on the 6th of May and run through until June 30th. Customers who spend over $5000 on ILVE cooking appliances will receive the ILWS18X wine cabinet. Also customers who spend over $8000 on ILVE cooking appliances will receive the ILWS37X wine cabinet. The promotion excludes all NT models and ex-display stock.  The bonus wine cabinets are claimed via redemption. For more information on washing machine Sydney, kitchen sinks Sydney, top loader washing machine and more, visit https://www.whitfordshomeappliances.com.au/ Scoot propels customer experiences with Dell Boomi-fuelled data analytics 2019-05-14T03:26:47Z scoot-propels-customer-experiences-with-dell-boomi-fuelled-data-analytics Singapore – May 14, 2019 – Dell Boomi™ (Boomi) has announced that budget airline, Scoot, is using the Boomi integration platform for uninterrupted data sharing across the expanding organisation, allowing it to adapt more quickly to changing market conditions and therefore improve passenger experiences. Scoot, the low-cost arm of Singapore Airlines, operates a global network of 66 cities across 18 countries and territories across Asia-Pacific, Europe and the United States, offering customers a cheaper alternative for travel. To provide these affordable services, Scoot relies on extensive data generated from its customers’ bookings and various internal systems. “Boomi gives us a dedicated, cloud-based integration tool that aligns to our all-cloud strategy, and is therefore able to handle the high volumes of system-to-system data transfer that our business model requires,” said Jason Chin, Vice-President – Information Technology at Scoot. “With the various features the platform provides, we will be able to connect our entire organisation to create a single source for our data, with the knowledge that this information is up to date and accurate. We will then be able to better understand our business and customers, and deliver the products and services that passengers want – before, during and after their flights.” Scoot implemented the low-code Boomi integration platform to replace a series of outdated connectors which did not provide the level of automated data management the organisation required. Its former integrations limited communication between Scoot’s systems and restricted access to data, inhibiting the potential of its sharing capabilities. These bespoke integrations were also code-heavy, consequently demanding substantial maintenance. This has been particularly beneficial amid Scoot’s expansion – the airline has grown from 20-plus to 60 routes following the consolidation of TigerAir into the Scoot brand – accelerating the organisation’s time to market despite the significant increase in customers and employees. Scoot has also been able to achieve this while maintaining its IT resources – as Boomi does not require the consistent upkeep of traditional integration technologies, it allows Scoot to achieve more with less. “The airline industry contains among the most diverse sets of customers, and with that comes the ongoing challenge of adapting to the demands of passengers,” said William Fu, Managing Director Asia at Dell Boomi. “By creating a centralised data repository using the Boomi integration platform, Scoot is able to establish a greater level of insight into its business, and in turn make business decisions nimbly as the market changes to bolster its competitiveness.” About Dell Boomi Boomi, an independent business unit of Dell, quickly and easily unites everything in your digital ecosystem so you can achieve better business outcomes, faster. Boomi’s intelligent, flexible, scalable platform accelerates your business results by linking your data, systems, applications, processes and people. Harnessing the power of the cloud to unify everything inside and outside of a business, Boomi gives more than 8,200 organizations the agility to lead the future. For more information, visit http://www.boomi.com. © 2019 Boomi Inc. Dell, Boomi, and Dell Boomi are trademarks of Dell Inc. or its subsidiaries. Other names or marks may be the trademarks of their respective owners. Special note: Statements in this material that relate to future results, future hiring, and future events or investment are forward-looking statements and are based on Boomi’s current expectations. In some cases, you can identify these statements by such forward-looking words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “confidence,” “may,” “plan,” “potential,” “should,” “will” and “would,” or similar expressions. Actual results, hiring, customer trends, and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including the challenge of finding and onboarding new personnel, marketplace trends, ongoing management attention to the market, the uncertainties associated with technology changes and the development and release of new technology. Boomi and Dell Technologies assume no obligation to update any such forward-looking statements. More than half of Australians don’t think governments give them a ‘fair go’! 2019-05-14T00:45:50Z more-than-half-of-australians-dont-think-governments-give-them-a-fair-go With the May 18 election looming, most political parties have talked about their party being the one to give Australians a ‘fair go’. It was this message, coming from both sides of politics, that inspired personal loan lender Fair Go Finance to commission new research, asking the Australian public if they really think they are getting a ‘fair go’ from governments. The survey, completed by 744 Australians 18 years +, revealed that more than half of people surveyed (55%) don’t think governments give them a ‘fair go’. Paul Walshe, CEO, Fair Go Finance said this is a staggering result from a country that has always prided itself as the land of opportunity. “It is vital for the major political parties to understand what the electorate is thinking and feeling to ensure their policies reflect the reality of Australian’s lives. “We commissioned this survey because we wanted to do our part to ensure our politicians understood what a ‘fair go’ means to our customers and the public, beyond the use of this term as a catchy political grab, and so they can make changes at policy level that will actually benefit Australians. “Our mission at Fair Go Finance is to empower people financially, by ensuring all Australians are given the opportunity to access funds. It’s embedded in our DNA. “We found the survey results surprising and clearly demonstrated a fluid mindset to the upcoming federal election,” said Mr Walshe. Respondents were asked to rank which policy areas they think would give them a ‘fair go’. The respondents put health, taxation, jobs and economic performance at the top of the list, indicating a big-ticket long-term focus is still what people want. A surprising 59% said they would likely change their vote if political parties were to prioritise these areas and invest in the future. 1 in 5 respondents (24%) said they were still undecided (two weeks out, when the survey was conducted) as to who they would vote for in the upcoming federal election. Top reasons given to secure votes in the election, for those undecided, were policies that pursue economic performance (28%) and give Australians a ‘fair go’ (35%), again demonstrating that the political parties are singing the right song, but not all of the public are convinced. Finally, a further indication of voting fluidity, 22% of all respondents who had decided who they were going to vote for stated they would vote for a different party compared to the last election. “If the politicians and parties truly want to get elected to give Australians a ‘fair go’, as they say they will, they need to be clearer as to how policies do and will make a difference to the community in these priority areas.” “What they are saying and what people are feeling, are two completely different things,” said Mr Walshe. - ENDS - For media enquiries please contact: Zadro Agency Debbie Bradley, Group Account Director | 0420 761189 | email debbie@zadroagency.com.au Jessica McLean, Senior Account Manager | 02 9212 7867 | email jessica@zadroagency.com.au Interviews with Paul Walshe, CEO, Fair Go Finance are welcomed upon request Image: Paul Walshe Survey Highlights: 55% of respondents stated they don’t think Australian Governments (past and present) give people a ‘fair go’ Health, taxation, jobs and economic performance were ranked as top priorities for policies that would give Australians a ‘fair go’ 59% of respondents said they would still be likely to change their vote if political parties were to focus on their top priorities 1 in 5 respondents are still undecided who they will vote for in the upcoming federal election (24%) when the survey was conducted two weeks prior to the election date 22% stated they will vote for a different party compared to the last election Of the undecided voters, top reasons given to secure votes in the election were policies that pursue economic performance (28%) and policies that will give Australians a ‘fair go’ (35%) More than half of respondents (58%) said the Government should have no say on how they spend their money and 54% responded that it is unfair to restrict a consumer’s ability to access a small loan When asked who they are likely to vote for in the federal election, responses were ALP (27%), Liberal Party of Australia (21%), Pauline Hanson’s One Nation (8%) and The Australian Greens (6%) Notes to Editors: This survey was independently completed by Painted Dog Research on behalf of Fair Go Finance. It was conducted within the guidelines of the Australian Marketing and Social Research Society and the Federal Privacy Act. The survey respondents are a combination of a general population sample weighted back to Australian Census data and Fair Go Finance customers. The survey results provide a 95% confidence interval to the general voting population. 744 respondents completed the survey, which was completed over a 7-day period within May 2019. About Fair Go Finance: Fair Go Finance was born out of a simple vision – to be there for those who couldn’t get a fair go from other loan providers – those looking for someone who would genuinely listen and do their very best to help them go forward. Fair Go Finance isn’t your typical, online, small loan company – we’re a passionate, caring culture dedicated to helping our customers get much more than just a competitive short-term loan. Our real passion is partnering with our customers on the journey to greater credit worthiness and ever-increasing financial opportunity. Our partnership with other funders who share our ‘fair go’ philosophy enables us to offer ways to go forward that uniquely recognise individual circumstances and personal needs For more information about Fair Go Finance, visit www.fairgofinance.com.au