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 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. Synology Host Solutions Exhibition alongside Computex, 2019 2019-05-08T22:30:00Z synology-host-solutions-exhibition-alongside-computex-2019 Data lies at the core of every industry transformation. Synology provides a wide array of solutions to ensure business continuity. Join us to explore the data life cycle and discover infinite possibilities of file access, storage, and backup. Synology will be hosting its own Solution Exhibition alongside Computex 2019 and you're invited! Join Synology at their new HQ in Taiwan! Date: 29th May 2019 - 31st May 2019 Time: 10am - 6pm Venue: Synology HQ - TPKA in Taipei Far Eastern Telecom Park (1F, No.1, Yuandong Rd., Banqiao Dist., New Taipei City 220) 8-minute walk from the Far Eastern Hospital MRT station (Exit 3) For more information: https://event.synology.com/en-global/solutionexhibition_2019 If of interest and for RSVP, please contact: Shazana Roseli at shazana.roseli@taurusmarketing.com.au, John Wanna at john.wanna@taurusmarketing.com.au or Stacey Toskas at stacey.toskas@taurusmarketing.com.au +61 029415 4528 Allegion Australia’s Durable Solutions in Education Facilities 2019-05-01T11:52:12Z allegion-australia-s-durable-solutions-in-education-facilities Education facilities are entrusted with enriching minds and preparing students for the future. However, apart from educating, it is incumbent on each facility to provide a safe and secure learning environment. Allegion’s application expertise and wide range of product offerings are specifically designed to cater for the needs of this vital industry sector, and some of their leading solutions for the education sector are highlighted below.    Locks used at educational facilities need to be adaptable and strong enough to provide high performance. With an extensive range of lock functions, the Legge 990 multi-function locks are perfect for the rigorous demands of educational facilities. Legge’s 700 Series anti-vandal door furniture, has been designed to work in perfect combination with Legge 990 Series mortice locks. Just like the locking solution, this door furniture is also designed for strength and ease of use, which is essential for the high volume usage experienced throughout educational facilities.    Schools and universities need to provide perimeter doors that are egress compliant at all times. Von Duprin’s range of exit devices are designed for high-traffic areas and are easy to open from the inside, especially in the event of an emergency requiring a panic egress. Von Duprin also provides a range of exit devices that operate silently for areas like theatres and auditoriums. For external access these exit devices come with keying options, so that no one can enter the building without proper credentials. Electronic options are available as well for automatic operation, which can be coordinated with the building’s alarm systems or scheduled access management.    Designed to facilitate high traffic areas, corridor doors link academic areas to large spaces such as gyms, auditoriums or lecture halls, and additionally, they serve as a barrier from one area of a building to another. They face daily abuse through constant use, so reliable operation is a critical component for these doors. LCN door closers are ideally suited for this type of high-traffic environment. LCN 4040XP and 1460/1461 Series are the highest performing heavy duty closer range with no equal.     Their cast iron design is engineered for long-lasting performance and reliability, matched by their 30 year mechanical warranty. Their wide range of adjustability makes them ideal for all applications. This range of door closers complies with AS1428.1 (Australian Standards for access and mobility), which makes door openings easy.    Allegion provide security management and code compliance expertise and can help you select the right solution with innovative solutions, backed by world-class service and support, so for more information on  security door handles and locks, entrance door handles and digital door locks please go to https://www.allegion.com.au . New Media App Launches To Kill Off The Press Release 2019-04-30T04:15:39Z new-media-app-launches-to-kill-off-the-press-release A new technology platform has launches tomorrow made just for you. This tech platform called Story Match® will change the way that you receive your story pitches. No more emails, no more press releases and no more hassling PRs (I promise not to be one of those…) First, watch this! In 1.5 minutes it will explain it all to you… Story Match® is a two sided market place App and Desktop platform that allows brands to pitch story ideas to journalists, at the same time allowing journalists to select only what topics of stories they want to receive. Journalists, like you, set up their profile using 6 simple steps. You can select from up to 50 industry tags (food, finance, lifestyle, tech, etc etc) and can localise by State and Territories. If there’s a match on industry tags then you see the pitch. Using swiping technology you can scroll through stories, swipe left if you don’t like the story or right if you do. If you swipe right, it will open an immediate and private chat between you and the person who posted the pitch. The best bit…. The pitches have limitations – so brands can only upload selected images, a headline and up to 500 characters to bring their pitch to life. They then select which industry tag their story is relevant to, and localise it. So now you don’t need to read any more press releases or receive any more pitches that you’re not interested in. Story Match® was developed to improve efficiencies in the media industry, and allow all brands, no matter how big or small the opportunity to get their brand noticed. The tech platform has been developed by Founder and Director of Polkadot Communications Dionne Taylor – who has worked both as a journalist and a PR for the last 15 years. Dionne is available for an interview to chat about this new and exciting platform, built just for YOU! If interested in speaking with Dionne, please get in touch. Love and Desire, the main course at Top Secret 2019 Dinner 2019-04-08T02:46:59Z love-and-desire-the-main-course-at-top-secret-2019-dinner Media release: 8 April 2019 Love and Desire, the main course at Top Secret 2019 Dinner Encore partners with National Convention Centre Canberra (NCCC) and Canberra Convention Bureau (CCB) to deliver a night of art Encore Event Technologies (Encore) served up an incredible holographic-like experience for some of Australia’s leading event industry professionals, at the “Love and Desire” themed Top Secret 2019 Dinner on Friday 22 March hosted by the National Convention Centre Canberra (NCCC), for the InterContinental Hotels Group (IHG). This dinner was part of a 3-day program run by the Canberra Convention Bureau (CCB). The program consists of a series of individualised experiences for an exclusive group of national meeting planners. Showcasing business event product and services, the program allowed the Canberra’s events community to demonstrate the calibre of events in our nation’s capital. The hero of the night was Encore’s expert use of a holographic mesh screen, highlighting the venue as a premium event space and showcasing the technology available when holding an event at the NCCC in conjunction with Encore. Using Holographic mesh screen, Encore created animated content such as a hot air balloon that floated through the air. Known for their innovation, Encore really broke the mould for the Top Secret 2019 Dinner bringing Stephen Wood, General Manager of the National Convention Centre Canberra into the room as a hologram. Guests watched Mr Wood stand onstage, interviewing himself as if there were actually two of him. The use of holographic mesh screens is usually only seen at big budget events such as Eurovision and the Grammys, or on television. However, Encore were able to demonstrate to event managers how this technology is possible at their events with the right team and the right venue. Mr Wood commented, “We love working with Encore, they always manage to outdo themselves with their innovation and creativity, and this event was no exception.” The theme for the three-day familiarisation was “Love and Desire”, based on the current exhibition on display at the National Gallery of Australia. On each table were large 2D Scenic Panels on custom frames, designed to look like garden lattices in the shape of hearts as a nod to pre-Raphaelite theme of the “Love and Desire” exhibition. Directly above the tables were 20 LED Kinetic Lights, programmed to move with the music and change colour throughout the night, creating a truly spectacular lighting display. Also taking inspiration from the “Love and Desire” theme was the night’s entertainment. During the event, two actors from the Shakespeare by the Lake performance rose up after being hidden as guests and began to perform some of the Bard’s most famous sonnets. Continuing the surprises, instead of using one main screen, Encore set up four 60-inch televisions across one truss structure on the main stage. They displayed the animated logos of Encore, NCCC, CCB and IHG in front of scrolling panoramic shots of Canberra spread across the four screens as a single wide screen image, showcasing the beauty of the city. “This was a truly sophisticated and memorable event. The National Convention Centre Canberra and guests were delighted with the outcome, and we can’t thank Encore enough,” said Mr Wood. -ends- For media enquiries please contact: Brittany Rogers, Account Coordinator, Zadro P: +61 2 9212 7867 | brittany@zadroagency.com.au Felicity Zadro, Managing Director, Zadro P: +61 2 9212 7867 | M: +61 404 009 384 | felicity@zadroagency.com.au Images: High resolution images available upon request. Stage set at the Top Secret dinner The Top Secret dinner Stephen Wood, General Manager of the National Convention Centre, interviewing a hologram of himself 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 centers 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 Dell Boomi helps University of Melbourne to cloud-enable its integrations and transition to Smarter Campuses 2019-03-20T02:39:52Z dell-boomi-helps-university-of-melbourne-to-cloud-enable-its-integrations-and-transition-to-smarter-campuses Sydney, Australia – March 19, 2019 – Dell Boomi™ (Boomi) has announced it has been contracted by the University of Melbourne (UoM) to enable the coexistence of the institute’s 700 applications using the Boomi integration platform. Boomi has helped the university create a centralised data synchronisation hub that provides granular visibility into data quality and has subsequently accelerated the roll-out of new services. The real-time availability of this critical information will help UoM transform its facilities into smart campuses powered by the Internet of Things (IoT). UoM provides education to more than 50,000 students enrolled across its seven campuses. Its vast set of applications – spanning everything from a Financial and Employee System (FES) to Student Management Systems (SMS) and its online Learning Management Systems (LMS), as well as a slew of specialty systems – are part of a hybrid environment. UoM deployed the Boomi integration platform-as-a-service (iPaaS) to link up its IT environment. Boomi is a only truly cloud-based integration provider and was selected for its ability to support a diverse organisation. The university is using the Boomi Master Data Hub (MDH) as the foundation for its data synchronisation. These comprehensive capabilities are managed through Boomi’s easy-to-use interface which provides full visibility over and control of all information flowing through the platform. Having established a modern integration framework, UoM has been able to commence its transition to smart campuses. Critical to this project is space utilisation, and so the university is in the process of installing smart sensors in selected buildings. Boomi will collect the data generated by these sensors and transfer it to the smart campus data repository, along with information from other relevant applications. These insights will allow UoM to determine how and when facilities are being used in order to optimise space and other student services. “Data consistency is a major challenge for organisations investing in digital transformation – especially in an industry like higher education where student attrition and policy issues place constant pressure on Australian universities to demonstrate the outcomes they can deliver,” said Nick Lambrou, Managing Director Australia and New Zealand at Boomi. “With the Boomi platform at the core of its applications tying all data together, UoM has developed the comprehensive scaffolding it needs to drive its digital evolution, allowing it to introduce new services sooner, while preparing its facilities for the next phase of its growth strategy.” 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. 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. Solid 2018 for Gold Coast New Apartment Market, With a Hint At 2019’s Prospects 2019-02-27T19:00:00Z solid-2018-for-gold-coast-new-apartment-market-with-a-hint-at-2019s-prospects 2018 has been a great year for the Gold Coast new apartment market, as revealed in the latest release of the Apartment Essentials by leading property consultants, Urbis. The Gold Coast recorded 1,010 sales in 2018 – 24 per cent higher than 2017’s performance. On average, there were 252 sales each quarter, however the first three quarters showed stronger sales rates. In other years, Urbis has seen growth in the final quarter, however 2018 saw a slight fall, with 156 sales. ‘Urbis is monitoring 75 new apartment projects across the Gold Coast, a post GFC record. While the number of apartment projects has risen, the projects are generally containing less apartments than was seen in previous cycles’ said Lynda Campbell, Senior Consultant at Urbis. ‘We have seen a shift away from the mega-towers and sites with numerous buildings toward smaller boutique style apartment buildings.’ 2018 saw 33 new apartment projects launch across the Gold Coast. Two projects sold out in the quarter, bringing the annual tally to nine projects sold out and 30 per cent of this quarter’s surveyed projects are over 75 per cent sold out. The Gold Coast recorded weighted average sale prices in the low $700,000s over the course of 2018, whereas 2017 recorded low to mid $600,000s. The gradual increase in apartment prices is consistent with the higher concentration of luxury apartment projects on the Gold Coast, highlighting the move towards larger, owner occupier buildings. Southern Beaches recorded the highest weighted average sale price during the quarter ($797,500), based on 40 sales, coinciding with the precinct’s larger proportion of 3-bedroom products (23 per cent of future supply). 12 months ago, this precinct had 14 projects being actively marketed – it now has 24. ‘Apartments in this precinct tend to have larger floor plates and are suitable for owner occupiers, hence the higher price points’, Ms Campbell commented. The Gold Coast Central precinct recorded the highest sales rate with 87 sales, dominated by high rise projects and selling mainly two-bedroom, two-bathroom products. Interstate investors and owner occupiers made up the majority of sales in the quarter, with 41 per cent and 38 per cent respectively. Owner occupiers made up the majority of sales in 2018 with 38 per cent, followed closely by interstate investors 36 per cent of total buyers in 2018. 2019 is shaping up to be an exciting year for Gold Coast’s new apartment market, with approximately 2,000 new apartments expected to launch their sales campaigns in the first half of 2019. Strong population growth and an increase in interstate migration should see demand continue into 2019. Urbis Gold Coast Apartment Essentials Q4 2018 snapshot: Weighted average sale price recorded: $715,865 7 project launches in the quarter: 412 new apartments 709 apartments approved in the quarter For media enquiries contact: Stephanie Keith, Senior Brand & Clients Consultant Ph: 02 8233 7633 E: skeith@urbis.com.au Rebecca Jagger and Alexis Carroll at DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Apartment Essentials The Urbis Apartment Market Essentials is the most comprehensive national survey in Australia, and the only survey for which the sales data for apartment projects with 25 or more units is collected at the time of contract rather than at settlement. Projects with 25 apartments or more are tracked from initial application through to the building being sold out for projects across Perth and key areas of density across Sydney, Melbourne, Brisbane and Brisbane. As well as tracking the status of 2,513 developments Urbis receives surveys from 295 apartment developments. Urbis recognises the traditional owners of the land on which we work. Learn more about our Reconciliation Action Plan. National new apartment market set to show signs of recovery in 2019 2019-02-27T19:00:00Z national-new-apartment-market-set-to-show-signs-of-recovery-in-2019 Australia saw a lot of new things in 2018: a new prime minister, tightening lending controls, debates around housing affordability and thousands of new apartments launched across Australia. But how did each market compare and what does 2019 have in store? Urbis’ Apartment Essentials brings together the sales and supply data from five markets across the country, revealing the quarterly wins and losses in the many new apartment markets. Today’s release provides a yearly review as the fourth and final quarter brings perspective to the recently departed 2018. Sales With new stock coming in and sales experiencing speed bumps, national apartment sales as a percentage of available stock surveyed has dropped to a new low of 7.7 per cent in quarter four. Clinton Ostwald, Director at Urbis, commented, ‘we’ve seen fluctuating results around the country. In many markets, buyers are soaking up the existing completed stock as the brakes have been put on new launches. In other markets, new projects are still being launched to market, replenishing the supply and leading to steady sales. Sales rates have been dropping for the last two years, so it’s no surprise that 2018’s results were lacklustre in comparison to 2017. In Sydney, surveyed sold stock averaged 21 per cent of available supply throughout each quarter in 2017 whereas this dropped to 5.5 per cent in 2018. Melbourne and the Gold Coast followed in this same pattern with sales as a percentage of available stock dropping by around 4 per cent over the same period. Brisbane and Perth, the markets that have seen the least new stock enter, have reversed this trend and have seen slight increases in 2018. Stock It’s not the stock crisis we imagined one year ago. Lower levels of new stock entering the market has continued to replenish the slow sales throughout 2018, with 24,000 new apartments launching throughout the year. The two biggest markets saw the most impressive figures; Melbourne took the cake with over 11,244 new apartments entering the market in 2018, while Sydney placed second in the country with 4,810 new apartment launches. There was a surprising standstill in Brisbane with no new launches in the quarter, however the first half of 2019 will likely bring over 1,000 new apartment launches for the sunny city. Apartment approvals are at their lowest in the history of Urbis’ Apartment Essentials, sitting at 4,576 in quarter four 2018. With new design specifications and planning requirements in some jurisdictions, we’re likely to see this number continue to fall in 2019. In relation to the falling levels of new launches and apartment approvals, Mr Ostwald observed, ‘we need to keep an eye on supply levels as ongoing population growth, particularly on the East Coast, will quickly take up available supply. This may result in a housing supply shortage in the next 12 to 18 months as we are also seeing fewer completions in the greenfield house and land market.’ Buyer Profile It truly was a year for owner occupiers, with 46 per cent of total sales for 2018 attributed to this buyer type. Interstate investors leapt up by 10 per cent in 2018, accounting for 19 per cent of sales. Local state investors, who previously accounted for 30 per cent of the market in 2017, dropped down to 17 per cent in 2018, in line with foreign investors. Q4 2018 Apartment Essentials Snapshot 7.7 per cent of the surveyed available stock was sold in the December quarter across the five markets: Sydney (6 per cent of available surveyed stock sold, 977 new apartments launched) Melbourne (9 per cent of available surveyed stock sold, 2781 new apartments launched) Brisbane (9 per cent of available surveyed stock sold, no new apartments launched) Perth (9 per cent of available surveyed stock sold, 464 new apartments launched) Gold Coast (6 per cent of available surveyed stock sold, 377 new apartments launched) National weighted average sale price recorded at $705,226 for Q4 Sydney – $899,793 Melbourne – $656,739 Brisbane – $831,884 Perth – $602,524 Gold Coast – $715,032 The most popular product type was two-bedroom, two-bathroom product at 47% of total sales. Across the cities the highest selling product types were: Sydney – One-bedroom, one-bathroom apartments – 48% Melbourne – Two-bedroom, two-bathroom apartments – 44% Brisbane – Two-bedroom, two-bathroom 53% Perth – Two-bedroom, two-bathroom – 41% Gold Coast – Two-bedroom, two-bathroom – 66% 25% of actively selling apartments are in presales, 49% are under construction and 26% are recently built. For media enquiries contact: Stephanie Keith, Senior Brand & Clients Consultant Ph: 02 8233 7633 E: skeith@urbis.com.au Rebecca Jagger and Alexis Carroll at DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Apartment Essentials The Urbis Apartment Market Essentials is the most comprehensive national survey in Australia, and the only survey for which the sales data for apartment projects with 25 or more units is collected at the time of contract rather than at settlement. Projects with 25 apartments or more are tracked from initial application through to the building being sold out for projects across Perth and key areas of density across Sydney, Melbourne, Brisbane and Brisbane. As well as tracking the status of 2,513 developments Urbis receives surveys from 295 apartment developments. Urbis recognises the traditional owners of the land on which we work. Learn more about our Reconciliation Action Plan. Brisbane Soaking Up the Stock As New Apartment Launches Dry Up 2019-02-27T19:00:00Z brisbane-soaking-up-the-stock-as-new-apartment-launches-dry-up-1 Today, leading property experts, Urbis released their latest update of the Apartment Essentials, Australia’s most comprehensive new apartment survey. This latest release features a 2018 summary as well as a look into what 2019 has in store. The Inner Brisbane region recorded 138 sales in the fourth quarter of 2018, dropping back down after a stand-out quarter three result. There was a total of 840 new apartment sales in 2018, almost 30 per cent lower than 2017. Paul Riga, Director at Urbis, summarised, ‘the fourth quarter result was to be expected, with no new projects launching, buyers are essentially soaking up the current projects on the market’. Across Inner Brisbane, new apartment launches dropped off in 2018, down by around 35 per cent on 2017 launches. Available stock has fluctuated throughout the past two years, however after a peak in 2017 Q2 with a record 3,243 apartments available at the start of the quarter, available stock has hovered around the low to mid 2000s throughout 2018. Sales as a percentage of available stock have also dwindled, dropping to a record low of 9.4 per cent in the final quarter of 2018. The downward movement in available stock highlights the continued absorption of this product, and importantly that demand for new apartments is still present in the market. Whilst the depth of the investor market is still subdued, owner occupiers are the key target market, with many projects now boutique in nature and catering to the needs of a longer-term resident. This can be noted in the results, as despite the drop in the volume of sales, the weighted average sale price was significantly higher than 2017’s quarterly reports, indicating that the style and quality of stock currently selling has changed. Whilst the latter half of 2018 saw conservative developer activity, many developers are being buoyed by the levels of sales absorption, low vacancy rates and stable growth drivers for Brisbane. Approximately 2,000 apartments are anticipated to launch in the three quarters of 2019, and with a replenishing pipeline, it is likely to register a pick-up in sales. ‘Ultimately it will be access to finance (for buyers and developers) that will temper the inner Brisbane market in the short-term,’ said Mr Riga, ‘but the drivers of demand are there, and smart developers are already looking at opportunities for their next move’. Urbis Brisbane Apartment Essentials Q4 2018 snapshot: Weighted average sale price recorded: $831,884 48% of buyers were owner occupiers 674 apartments approved in the quarter For media enquiries contact: Stephanie Keith, Senior Brand & Clients Consultant Ph: 02 8233 7633 E: skeith@urbis.com.au Rebecca Jagger and Alexis Carroll at DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Apartment Essentials The Urbis Apartment Market Essentials is the most comprehensive national survey in Australia, and the only survey for which the sales data for apartment projects with 25 or more units is collected at the time of contract rather than at settlement. Projects with 25 apartments or more are tracked from initial application through to the building being sold out for projects across Perth and key areas of density across Sydney, Melbourne, Brisbane and Brisbane. As well as tracking the status of 2,513 developments Urbis receives surveys from 295 apartment developments. Urbis recognises the traditional owners of the land on which we work. Learn more about our Reconciliation Action Plan. Melbourne Apartments: Posing Questions & Answers on Housing Affordabilit 2019-02-27T19:00:00Z melbourne-apartments-posing-questions-answers-on-housing-affordabilit Today, leading property consultants, Urbis released the 2018 summary for Melbourne’s new apartment market, featuring the latest results for the December quarter. The Urbis Apartment Essentials has been a trusted source of information for new apartment sales and supply for four years, using survey data and detailed research to provide an accurate look at today’s new apartment market. Urbis analysed 230 sales from a sample of 48 projects, comprising almost 10,000 apartments in Melbourne in quarter four 2018. Coupled with detailed analysis of 1,140 sales across the year, Urbis Apartment Essentials has sampled between 15 to 20 per cent of new apartment projects in the city in each quarter. Melbourne’s weighted average sale price hovered around the mid $600,000s throughout the year and recorded a weighted average sale price of $657,000 in quarter four. Despite prices appearing to hold steady at a market level, affordability is still very much in focus, with housing emerging as a core battleground in the upcoming federal election. The proportion of sales in more affordable apartments has increased, with apartments priced beneath $400,000 accounting for 12 per cent of all sales in quarter four, a stark difference to the 5 per cent recorded in 2017 quarter four. This coincided with one-bedroom apartment sales accounting for one third of sales in quarter four, having fluctuated between one quarter and a third of sales throughout 2018. Consistent with national trends, sales of two-bedroom apartments continued to make up the majority of sales in Melbourne at 60 per cent in Q4 2018 compared to 57 per cent for the full year. Two-bedroom, two-bathroom apartments remained a buyer favourite, accounting for 44 per cent of all sales, up from 34 per cent in the third quarter. Sales of three-bedroom apartments accounted for 10 per cent of off the plan transactions. The market pivot to owner occupiers is increasingly apparent with 54 per cent of new apartments purchased throughout the year to this segment, while overseas investors dropped down from 40 per cent in 2017 to 23 per cent in 2018. Despite a series of initiatives aimed at dampening overseas investor demand and fears emerging in recent years over settlement, it is encouraging to see that major central city towers are settling as planned, with developers getting on the front foot with buyers well in advance of settlement. However, with funding challenges in both the development and purchaser markets, measures aimed at testing serviceability in the short-term risk having adverse affordability effects in the longer run. This is becoming increasingly clear as future housing supply is being held up by reduced lending and uncertainty in the lead up to the federal election. In line with the wider residential market, the pace of sales dropped in the last quarter, dipping below 10 per cent of available stock sold for the first time. That said, Melbourne has maintained a more rapid rate of sale than other Australian markets in the quarter, but also for the year, averaging 12.4 per cent of available sold per quarter throughout 2018. Amid the tougher conditions, there are projects that are managing to stand out from the crowd. Typically these are delivering either one or a combination of the following: A relatable scale, close to existing amenity and jobs, with views Precinct renewal, bringing new amenity in areas where there is limited housing supply or diversity of product Delivering client service and customisation at an attractive price point Approvals continued to decline, with just over 1,800 apartments approved in the last quarter of 2018 representing one third of the volume approved in the equivalent quarter a year earlier and well below the average quarterly volume over the last two years (5,400). In summary, while apartments present a much-needed affordable option into the housing mix, the slowdown in credit and repercussions in the wider residential market, continue to impact upon the delivery of housing in the inner city and middle ring. As population growth continues amid sound economic conditions, the stall in supply stemming from the standoff between lenders, regulators, policymakers, developers and most importantly buyers, risks accentuating the demand to supply imbalance in the medium term. This brings risks of flow on consequences to housing affordability as the market regains traction. Urbis Melbourne Apartment Essentials Q4 2018 snapshot: Weighted average sale price recorded: $657,000 14 project launches in the quarter: 2,781 new apartments 1,827 apartments approved in the quarter For media enquiries contact: Stephanie Keith, Senior Brand & Clients Consultant Ph: 02 8233 7633 E: skeith@urbis.com.au Rebecca Jagger and Alexis Carroll at DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Apartment Essentials The Urbis Apartment Market Essentials is the most comprehensive national survey in Australia, and the only survey for which the sales data for apartment projects with 25 or more units is collected at the time of contract rather than at settlement. Projects with 25 apartments or more are tracked from initial application through to the building being sold out for projects across Perth and key areas of density across Sydney, Melbourne, Brisbane and Brisbane. As well as tracking the status of 2,513 developments Urbis receives surveys from 295 apartment developments. Urbis recognises the traditional owners of the land on which we work. Learn more about our Reconciliation Action Plan. Renowned Urban Designer Chris Melsom joins Urbis 2019-02-13T23:25:07Z renowned-urban-designer-chris-melsom-joins-urbis Urbis is thrilled to announce the Director appointment of Chris Melsom, an esteemed architect, planner and urban designer with 30+ years of experience delivering strategic urban change. Chris brings significant local and international experience to the Urbis National Design team. As an urban design specialist, Chris has worked in senior roles at HASSEL, Tract (WA) and East Perth and Subiaco Redevelopment Authorities, unlocking the potential of cities, places, and sites across Australia and South East Asia. He was recently the Director of the Australian Urban Design Research Centre, where he also taught in the Master of Urban Planning program at The University of Western Australia before joining Urbis. With 30+ years of experience in strategic urban design, Chris brings to Urbis broad expertise in the leadership and management of multi-disciplinary design teams for large scale, complex projects. His arrival complements the National Design team’s already diverse range of skills and will cement Urbis as an industry leader in the arena of city shaping and place building. Ray Haeren, Regional Director Perth said, “We are pleased to welcome renowned Urban Designer Chris Melsom to Urbis. His skills and experience will be a fantastic complement to the diverse and talented team locally, nationally and internationally. “Chris is more than a designer, he brings a strategic perspective and insight… with a grounded personality to boot,” said Ray. James Tuma, Group Director National Design added, “We are delighted to confirm the appointment of Chris Melsom to the growing international team of designers at Urbis. Chris brings a wealth of local market knowledge and a design pedigree that cements our position as the strongest urban design and strategy advisors in the West Australian market.” Carl Thompson, Director National Design said: “It’s an exciting time for Urbis in Perth. Chris has a strong urban design presence in Western Australia and South East Asia and brings both an international perspective and a deep appreciation for the local context to the table.” “Chris is a city-shaping expert of the highest calibre and we look forward to his design leadership as we continue to deliver great outcomes for our clients,” said Carl. On his appointment, Chris Melsom said, “It’s no accident that Urbis is becoming one of the leading thinkers in the urban design space, locally and abroad, combining economics, planning and a passion for creating places that really work.” “I’m looking forward to joining the bright minds of Urbis and contributing to the important goal of shaping cities and communities for a better future.” Reflecting on his career, Chris added: “The best solutions aren’t always the ones we thought we’d find. Sometimes, it’s having a good process of exploration, rigorous testing and engaging with real people that opens up all sorts of possibilities for creating more liveable and resilient outcomes.” “I think it’s fantastic that Urbis sets its sights on city-scale thinking, so that projects not only work independently to exceed our clients’ needs and aspirations, but work together to create something that enriches its context socially, culturally, economically and environmentally as well,” said Chris. “The Urbis Design team is well placed to bring together strategic planning, urban economics and design thinking for new communities, whether developing a complex urban renewal strategy, preparing a site development master plan or building an integrated landscape and built form solution.” “Having worked on large scale urban renewal and development projects internationally for over 30 years, I look forward to making the most of that background with the Urbis team in Perth,” said Chris. Dell Boomi powers HESTA data unification to maximise member benefits 2019-02-11T00:09:22Z dell-boomi-powers-hesta-data-unification-to-maximise-member-benefits Sydney, Australia – February 8, 2019 – Dell Boomi™ (Boomi) has announced that HESTA is using the Boomi integration platform as the foundation for its digital strategy to securely use data and analytics to provide more personalised services to its 860,000 members. As a superannuation fund for the healthcare and community services sector, HESTA focuses on building close relationships with its members to maximise positive experiences and financial balances. Aware of the fast-changing financial services industry, the organisation’s technology investments centre on instilling efficiency to generate greater returns for its members. “The consumerisation of technology has set a precedent: Australians want the same personalisation, convenience and other benefits from their super providers as they get from consumer brands,” said Michael Collins, General Manager – Information Security and Technology, HESTA. “To give them these experiences, we look for technology partners who can help us use data to continuously learn about the needs of our diverse set of members.” HESTA runs a hybrid environment featuring various in-house systems, as well as many bespoke and third party cloud-based services. Having formerly used traditional, on-premises integrations and manual processes, it went to market seeking a pragmatic and easy to use solution; one that would take complexity out of the organisation, while providing richer functionality and keeping data secure. “Boomi has given us the ability to not just collect data, but control it and drive value from it,” said Collins. “We can now validate conclusions about where our members are in terms of achieving their retirement goals. Therefore when meeting with members, we are able to better help them make a real difference in their financial future, which is the core purpose of HESTA.” Key facts: HESTA previously relied on point-to-point integration; each time a new application was to be integrated, it was forced to initiate a new project with two partners to ensure data synchronised accurately. This inhibited productivity and incurred unnecessary costs. Boomi gave HESTA a hub-and-spoke model so that each data source only needs to be integrated once, creating a more reliable environment while saving time and reducing project costs. HESTA first used Boomi to connect its insurance and member services platforms. The speed and simplicity of the project resulted in unprecedented demand from stakeholders within the business who wanted the same data accessibility across all systems. The process of incorporating additional applications, including new third-party offerings, was accelerated due to the availability of Boomi APIs. HESTA has eliminated 55 hours of manual handling per month since implementing the Boomi integration platform as employees are no longer required to manually copy and move data. Removing that effort relieves staff to focus on high-value tasks, including direct engagement with members. Boomi has enabled HESTA to develop connected ecosystems and explore new partnerships more easily. For example, Boomi allowed HESTA to seamlessly integrate with its new insurer AIA, leading to an improved online experience that triggered a 73 per cent increase in online insurance activities. As well as technological alignment, HESTA partnered with Boomi due to the cultural fit between the organisations. According to Collins, HESTA prioritises working with partners which have similar values as this aids in the development of services that can meet the needs of members in a hotly-contested financial services market. “The superannuation industry is not only an extremely competitive space, but it’s also a high-pressure environment in which organisations must clearly show how they are driving more and more value for their customers,” said Michael Evans, Managing Director Asia-Pacific and Japan, Dell Boomi. “By underpinning its digital strategy with the Boomi platform, HESTA has gained greater visibility into its members’ circumstances and needs, allowing it to make decisions that will directly benefit those individuals, and also improving its operations with a coherent application environment.” About HESTA HESTA is a $47 billion industry superannuation fund dedicated to its more than 860,000 members working in Australia’s health and community services sector. Established as a profit-for-members industry fund in 1987, the Fund’s focus is on making a real difference to the financial future of every member. More than 80% of its members are women. About Dell Boomi Dell Boomi (Boomi), an independent business unit of Dell, is the leading provider of a unified platform to build The Connected Business, from cloud integration to workflow automation. Boomi helps organizations accelerate business agility by connecting data, applications and people to run faster and smarter. Visit http://www.boomi.com for more information. © 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. ORIX Steers Data from 34,500 Vehicles into Unified Data Hub with Boomi Integration 2019-02-11T00:08:06Z orix-steers-data-from-34-500-vehicles-into-unified-data-hub-with-boomi-integration Sydney, Australia – February 8, 2019 – Dell Boomi™ (Boomi) has announced that ORIX is automating the management of more than 34,500 vehicles for Australian organisations by connecting its operations using the Boomi integration platform. With a unified data environment, ORIX is improving the purchasing and financing experience of local customers, while also helping it deploy new services three times faster and reduce integration costs fivefold. ORIX deployed Boomi’s integration platform-as-a-service (iPaaS) to connect its entire application and data environment. Boomi serves as the core engine for any data exchange for the company and its customers by linking its fleet management system, Salesforce customer relationship management (CRM) and a number of bespoke applications into a single data hub for a reliable source of readily-accessible information. “The market is driving ORIX to provide more and more digital services as the organisations we work with expect efficient tools for their own operations,” said Richard Hilliard, General Manager Technology & Innovation at ORIX. “When we looked at how we would achieve this, it became clear a strong data model underpinned by powerful integration would be central to delivering to these customer demands. “Boomi gives us internal process efficiency so we can easily manage large volumes of fleets for our customers. It has also underpinned new services, including a critical portal for the 2.1 million Australian SMEs which need added expertise in financing so they can run their businesses without a hitch.” Key facts: Boomi gives ORIX a ‘best of both worlds’ deployment model, with its development environment in the cloud, and all operational elements on premises. Having its development decoupled makes code deployment simple and removes the need to introduce additional infrastructure, therefore reducing both opex and capex. With its new integration capabilities, ORIX has been able to develop and launch a new vehicle acquisition and financing service, MOOV, designed specifically for SMEs. MOOV leverages data synchronised by Boomi to provide SMEs a low-touch digital platform so they can focus on their core business while ensuring critical documentation is completed accurately. The low-code design of the Boomi platform is the right fit for ORIX as the organisation is not required to hire integration specialists to create and manage integrations. As well as the significant cost savings this delivers, it also means ORIX is able to build interfaces up to three times faster (when compares to traditional integration options). With a strong mobile roadmap, ORIX will also use Boomi to manage data from future applications to consolidate and streamline the purchasing and financing process for its customers. “Managing data associated with more than 34,500 vehicles can be a messy feat, particularly if that information is dispersed and inconsistent,” said Michael Evans, Managing Director APJ at Dell Boomi. “Having consolidated its applications within an easy-to-use integration platform, ORIX has quick access to reliable data with a few clicks. This means it can provide services much faster, while also minimising operational costs and therefore freeing up resources to provide even greater value to its customers.” About ORIX Australia ORIX Australia Corporation Limited (ORIX) is one of the world’s leading fleet management companies. In Australia and New Zealand, we’ve provided fleet management, commercial vehicle rentals and leasing and novated leasing for more than 30 years. Through our innovative solutions, including the award-winning OneView platform, ORIX Share and ORIXi, we help our clients get more value from their vehicles and manage the evolving risks of a mobile workforce. About Dell Boomi Dell Boomi (Boomi), an independent business unit of Dell, is the leading provider of a unified platform to build The Connected Business, from cloud integration to workflow automation. Boomi helps organizations accelerate business agility by connecting data, applications and people to run faster and smarter. Visit http://www.boomi.com for more information. © 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. ORIX Australia launches MOOV Vehicle Acquisition Platform for SMEs 2019-01-30T02:33:17Z orix-australia-launches-moov-vehicle-acquisition-platform-for-smes Sydney, Australia – January 30, 2019 – ORIX Australia Corporation Limited (ORIX) has launched an Australian industry-first, end-to-end online vehicle acquisition platform designed specifically for Small to Medium Enterprises (SMEs), including sole traders. The new platform, MOOV, enables Australian SMEs to view and compare vehicle specifications and costs, see financing options at a glance, and order the vehicle. SMEs can now do this all online at their leisure, wherever they are, reducing common frustrations with acquiring a vehicle. “Australia is home to 2.1m[1] SMEs and sole traders, many of which need a simple and reliable way to acquire vehicles; MOOV was created specifically for those companies as they simply don’t have the time to visit dealers to compare vehicles or wait in call centre queues to discuss available financing options,” said Mary Moran, General Manager – Business Solutions, ORIX Australia. “By moving the entire process online, SMEs can reduce the hassle involved in the traditional vehicle buying process, while benefiting from ORIX’s fleet expertise and nationwide fleet-buying power.” MOOV provides a range of financing options including finance lease, operating lease, business vehicle loan or buying outright. Leasing provides SMEs with cash flow predictability and may free up capital that can be better invested elsewhere in the business. Regardless of the financing option selected, associated vehicle related expenses, such as fuel, tolls and scheduled maintenance, can be bundled together with the lease payments into a single monthly itemised invoice for convenience and transparency. “We want to provide a more efficient experience for all of our SME customers,” said Moran. “Recent news of tightening credit conditions may lead them to consider financing options beyond traditional sources. The flexibility of our MOOV platform, backed with our expertise in fleet solutions, provides SMEs with an easy and transparent way to explore flexible financing options to meet tomorrow’s challenges, which for many SMEs, includes a thorough revaluation of what mobility actually means to their business.” <ENDS> About ORIX Australia Corporation Limited ORIX is a global diversified financial services organisation listed on both the New York Stock Exchange (NYSE: IX) and Nikkei 225 (TYO: 8591). In Asia Pacific, ORIX is one of the largest fleet management operations in the region. Through our innovative solutions, including the award-winning OneView customer portal, vehicle pooling and telematics platforms, we work with our clients to get more value from their vehicles and to manage the evolving risks of a mobile workforce. [1] ABS Counts of Australian Business 8165.0, Feb 2016 and ASBFEO calculations (excludes nano businesses with no GST role)