The PRWIRE Press Releases https:// 2018-01-16T04:44:02Z Magnolia Finance is Helping Small Businesses by Backing Their Big Business Ideas 2018-01-16T04:44:02Z magnolia-finance-is-helping-small-businesses-by-backing-their-big-business-ideas Magnolia Finance is not your average loans and finance company, Magnolia Finance has access to over 100 bank, non-bank and private investors that can assist with your financing needs. Even if you’ve struggled to secure funding from the big institutions in the past, Magnolia Finance believes we have the solutions to keep you moving forward. For a small business securing a business loan is nowhere similar to a walk in the park, small business have their businesses scrutinized by banks and capital lenders and most often denied a loan. A business loan helps new and small business fund their business activities and help them tide over initial business hiccups. With a solid experience in the field of personal finance, home loans, short term loans, commercial finance and loans for the last 38 years Magnolia Finance had evolved and redefined itself so as to be relevant to the customers it serves.  Mitchell Atkins, Managing Director at Magnolia Finance said, “At Magnolia Finance, we believe that ideas form the foundation of success. Without them, innovation dies on the vine. And the best of what’s to come never gets to be. We are interested in financing the young entrepreneurs of Australia and help them achieve the heights that they have set for themselves.” Applying for a business loan has never been easier, all you need to do is visit www.magnoliafinance.com.au and fill in the contact form and a business finance expert will get in touch and help you with the loan application process and further assist you with the loan approval. Magnolia Finance has special low interest short term loans for Australian businesses. Whether it short term mortgage or getting a small business loan you can trust Magnolia Finance to offer the best in industry financial services.  About Magnolia Finance Magnolia Finance has built a strong and trustworthy reputation in the cash business industry in Australia. The company’s headquarters is in Sydney, Australia. Thousands of small businesses throughout Australia rely on the small business loans and working capital loans provided by Magnolia Finance. The company’s customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers.  ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number:1300471308 Recent study reveals that our brains are predisposed to be ‘bad’ with money 2017-12-17T21:07:24Z recent-study-reveals-that-our-brains-are-predisposed-to-be-bad-with-money Our brains are easily moulded and impacted when it comes to our financial decisions and we often like to be spoon fed when we are making big decisions with money, suggests SBB Research conducted by Dr Sam Barnett. Leading Australian Clinical Hypnotherapist Maggie Wilde agrees with this assertion which validates the need to rewire your brain when it comes to thinking about money, especially when it comes to ridding oneself of preprogrammed unhelpful  beliefs. Dr Sam Barnett, a neuroscientist at SBB Research conducted a study which analysed the brains of those participants who were assisted and unassisted when making financial decisions. It was found that those who received assistance were more relaxed by a significant 21%. The ones who received assistance were able to engage in crucial concepts while those who receive no assistance required a greater level of concentration and developed more stress. “Our data indicates that assisted brains need significantly less concentration- making decisions feel easier - than when unassisted. It’s remarkable to see how quickly these effects occur,” says Dr Sam Barnett. This correlation between stress and money is not unfamiliar to Potentialist and bestselling author Maggie Wilde. She regularly coaches and educates people through her Money & You Brain Training Programs to overcome their stressful relationships with money. She addresses decades of potentially unhelpful programming including money fears, disappointments, past failures and successes and any beliefs that subconsciously impact the way they think about, feel and act with money. Maggie reassures us that unhelpful patterns around money are not the fault of the individual, but what the person has learned about money, wealth or poverty in the past. “Most of us  aren’t even consciously aware of why we may be blocking financial flow or stressing about it because 88% of what is driving our impulses is driven at the subconscious level below the awareness of our conscious mind. Our brain is wired to keep us alive and safe, so if it has stored a memory of an unpleasant experience or reaction involving money, then our decisions, emotional responses and actions  are driven by subconscious protective impulses ,” says Maggie. Thus, becoming aware of our helpful and unhelpful beliefs about money will provide immediate  stress relief  as well an awareness of where  assistance is needed when making life-changing decisions about money or wanting to change your current relationship to it. “Clients in my Brain Training Program reveal that handling or thinking about money can often feel overwhelming. Many hold beliefs that money is hard to come by or too hard to keep. We do not enter this world thinking this way, we have no concept of what ‘money’ is in our first innocent years. As the neural connections that form our beliefs and perceptions develop, they do so based on everything we’ve heard or witnessed from our environment and authority figures as we grew up,” says Maggie. For more information about the Potentialist Maggie Wilde and to learn more about rewiring your brain's relationship to money and wealth, head to www.mindpotentialacademy.com. Magnolia Finance Offers Businesses Working Capital Loans as Low as .5 Percent 2017-12-08T02:09:55Z magnolia-finance-offers-businesses-working-capital-loans-as-low-as-5-percent Magnolia Finance, a leading small business funding organization is offering working capital loans to help businesses in Australia shore up short-term funding needs. The company also provides business loans for young entrepreneurs so they can begin their own businesses. Working capital is the lifeblood of a business. It keeps a business open and prevents it from floundering and reaching the verge of collapse. Working capital or operating liquidity loans are tailored for a business deemed too risky by traditional lenders. These loans can be used to buy inventory and equipment, aid cash flow management, tap into new business opportunities, and pay for other expenditures. Trying to obtain a business loan with traditional financing options can prove to be difficult in today's financial market. People with bad credit believe business loans are not even available to them because they think banks would just turn down their applications once they see their scores. Magnolia Finance gives individuals and organizations with bad credit business loans to jumpstart or revitalize their operations. By lending working capital to people with bad credit scores, Magnolia Finance allows them to start or sustain their businesses. The company especially offers business loans for entrepreneurs who want to start their own commercial ventures but are burdened with less than stellar credit records. Through a business cash advance, Magnolia Finance offers working capital loans to companies that need to address liquidity issues in order to operate more efficiently. Magnolia Finance places no restrictions on lenders with regards to their loans. For more information on the company's services, visit: www.magnoliafinance.com.au or call 1300471308. About Magnolia Finance Magnolia Finance has built a strong and trustworthy reputation in the cash business industry in Australia. The company’s headquarters is in Sydney, Australia. Thousands of small businesses throughout Australia rely on the small business loans, short term mortgage loans and debt factoring services provided by Magnolia Finance. The company’s customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers.  ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number:1300471308 Magnolia Finance Announces the Small Business Loan Initiative 2017-12-06T04:38:58Z magnolia-finance-announces-the-small-business-loan-initiative Magnolia Finance, one of the leading providers of business loans to small businesses in Sydney announces a multimillion-dollar credit line for their new small business initiative. The new line of credit has been established in partnership with several institutional investors to make a variety of business loans readily available for small business owners across Australia. The present capital will be the first installment in the initiative and will likely be followed by a significantly larger credit line based on the success of the program.     The additional working capital will compliment Magnolia Finance’s existing funding portfolio and make the company a clear leader in the small business lending industry. The company’s spokesperson Mitchell Atkins said, “The overwhelming demand by our continually growing customer base was the impetus for reaching out to our funding partners to launch this initiative.” The economy is clearly establishing positive trends and the company believes that launching the small business initiative at this juncture will allow small business owners to take advantage of the growth opportunities that are available. The additional clients will improve the company’s brand recognition and their overall market share in the current marketplace.   The low interest short term loans will be made available to small and medium-sized business owners that are looking to develop and expand their existing operations. All of the loan options will be unsecured and distributed through the variety of business loan options the company offers. Additionally, due to the company’s expanded financial resources, the initiative will also assist small business owners in a variety of industries that are currently experiencing credit problems. Mitchell Atkins added, “There are a lot of good companies out there that can be great companies with the right financial backing.”  The continuously tight credit markets have steadily contributed to the growing demand for business loans. As the economy improves it is likely that the demand for financing will grow, and most banks will have to remain on the sidelines until the economy re-establishes a healthy financial picture. This scenario has made the small business loan initiative necessary for both the borrowers and Magnolia Finance. About Magnolia Finance Magnolia Finance has built a strong and trustworthy reputation in the cash business industry in Australia. The company’s headquarters is in Sydney, Australia. Thousands of small businesses throughout Australia rely on the small business loans and working capital loans provided by Magnolia Finance. The company’s fast short term loans customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers. For more information on the company's services, visit: www.magnoliafinance.com.au or call 1300471308. ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number:1300471308 Increasing Australia’s grain fibre intake could save the economy $3.3 billion a year 2017-12-01T01:38:57Z increasing-australias-grain-fibre-intake-could-save-the-economy-3-3-billion-a-year New research, conducted by Nutrition Research Australia and Deloitte Access Economics, has been released today announcing some staggering statistics around the economic and health implications associated with our national fibre inadequacy. The research reveals that if every Australian adult were to add two to three serves of high fibre grain food to their daily diet it could save our national economy $3.3 billion per year and help prevent 139,000 cases of cardiovascular disease and 272,000 cases of type 2 diabetes annually. These are two of Australia’s biggest killers and the prevalence of both of these diseases is unfortunately on the rise. Please find the media release below and attached and the following documents can be found in the Dropbox link here: -Research whitepaper -Infographic -Additional Statistics -Animated Content -Spokesperson Interviews -Social Media Assets Alternatively, all resources can be found at the following website: www.grainfibre4health.com.au If you would like more information, or to speak with one of our spokespeople, please get in touch with me directly. We also have the below supporting quote provided by Sturt Eastwood, CEO of Diabetes NSW/ACT: “Type 2 Diabetes is one of the most serious health challenges facing Australia today. There are currently more than 1 million people registered as living with type 2 diabetes and a potential half a million who are undiagnosed. There are a number of lifestyle factors that can be modified to slow the development and help manage type 2 diabetes, and this report identifies diet as among the most important. Helping people improve their diet can go a long way towards reducing the numbers affected by type 2 diabetes, which is a life changing condition. I encourage all Australians to look at the fibre in their diet and try to achieve a better balance in the mix of wholegrains, fruit and vegetables they’re eating. A diagnosis of type 2 diabetes is news no one wants to receive, and a few small changes to daily eating habits could go a long way to helping Australians have a much healthier outlook.” One of Australia’s most successful actuaries, David Orford, launches new venture and rolls out innovative longevity retirement solution, Real Lifetime Pension 2017-11-26T22:00:00Z one-of-australias-most-successful-actuaries-david-orford-launches-new-venture-and-rolls-out-innovative-longevity-retirement-solution-real-lifetime-pension MELBOURNE, 27 November 2017 – Optimum Pensions has been established by one of Australia’s most successful actuaries, David Orford, to comprehensively address Australians’ longevity risk. Assembling a team of experts and underwritten by the world’s third largest reinsurer, Optimum Pensions has developed a ground-breaking lifetime income stream solution to help Australians better meet their retirement needs. Today it announces the launch of the Real Lifetime Pension, a white-label offering designed for superannuation funds to offer members alongside existing retirement products. The goal for a Real Lifetime Pension is to provide every retiring Australian with an almost inflation-based income to maintain their standard of living. According to Optimum Pension’s founder and managing director, David Orford: “There are several dimensions to this objective including adequacy, broad protection against inflation and longevity risk”. He outlined: “Improvements in mortality have men living 19 years and women 22 years on average longer than the typical age of retirement, which is currently 65 years¹. Today more than 50 percent of retirees live longer, creating a significant risk each pensioner’s retirement funds may run out before they die. Longevity risk is the least understood risk by most working Australians”. Designed to provide better returns than traditional annuities A Real Lifetime Pension is designed to operate alongside the regular income stream of an Account Based Pension with the same or similar investment choices people already have. It is designed to provide better returns than those provided by traditional annuities. The Real Lifetime Pension is paid for life, no matter how long you live. This is made possible via re-insurance of the longevity risk with one of the world’s largest reinsurers. The design also includes the option of having the Real Lifetime Pension revert to a partner or spouse after their death, ensuring the standards of living for the partner or spouse are broadly maintained. Minimum payment periods (and insurance) can be added, which reduces the pension income, but ensures people can have 100 percent of their initial investment returned should they so want. Addressing the three key needs for retirement Generally, at retirement Australians are seeking access to capital; an inflation-based regular income and the ability to leave an inheritance for their families. “The combination of the Account Based Pension, a Real Lifetime Pension and the Age Pension can provide a person with a better level of income for their life rather than face the prospect of running out of their savings and mostly or only relying on the Age Pension,” Orford commented. He concluded: “Australia is addressing the need for a broader retirement income solution for individuals within its policy framework. It is in Australia’s interest to ensure our world class superannuation savings system becomes a world-class retirement system. Lifetime income streams will play a crucial role in achieving this goal.” Philanthropic goals for Australia’s retirement system Optimum Pensions was launched in 2017 by David Orford. David was founder and chairman of Australia’s leading provider of superannuation administration software, Financial Synergy which was sold to IRESS in 2016. With more than 50 years actuarial product development and consulting, together with a highly successful career in Australia’s superannuation industry, David today remains committed to helping Australians lead a comfortable retirement. Optimum Pensions is his latest venture to provide a superior solution to longevity risk. In November 2017 David pledged $900,000 via the Orford Foundation to Melbourne Business School to fund a three-year research project on lifetime pensions and annuities. Additionally, Optimum Pensions is also funding research by the Actuaries Institute to determine mortality rates of super fund pensioners. /Ends Australian Life Tables 2010 – 2012 (Australian Government Actuary) Note to Editors: Photo available on request For media interviews, a copy of “Innovating Financial Products for Retirement” and further information: Cathryn van der Walt 12 Worlds Tel: 0402 327 633 E: Cathryn@12worlds.com Magnolia Finance Continues To Increase Its Customer Base In Australia 2017-11-10T03:20:32Z magnolia-finance-continues-to-increase-its-customer-base-in-australia Magnolia Finance, a major player in the alternative financial service providers in Sydney announces that customer base of the company is increasing hugely on a month by month basis.   Mitchell Atkins the spokesperson of Magnolia Finance said; “the outstanding results are the direct result of our professional support staff giving outstanding customer support and assistance in a difficult and sometimes challenging arena." Mitchell continued, "we make loans available to people who have a lower credit score whom would otherwise be denied a loan by the bank; this together with a whole new level of real assistance has been instrumental in us achieving our amazing results”  Magnolia Finance specializes in and offers different loan services to best fit their customers' needs. the company is fully licensed and regulated. The company services are available in Sydney and growing. Magnolia Finance continues to lead the way toward the future of secured lending services. "Outstanding support, unrivaled customer care, super-fast payments, fair fees and a professional service is what you can expect from us." Said the CEO of Magnolia Finance.  "Customers are treated patiently, understandingly and most importantly with respect." The Company provides different types of services, such as short-term loans, Cash Flow Finance, Invoice Finance, personal loans, installment loans, debt management, and small business loans. About 70 percent of the jobs in Australia are in small businesses category. Every day Magnolia Finance match thousands of small businesses with the financing they need to grow, thrive, and hire new employees, fueling the Dream of Australians.  “Each day our team makes a positive impact on the lives of small business owners in America. The lives we help are moms, dads, sons, daughters, friends, cousins, aunts, uncles, and grandparents all with the goal of helping them build their dream, their business.” Mitchell added  About Magnolia Finance Magnolia Finance is a leading small business funding organization headquartered in Sydney, Australia. Thousands of small businesses throughout Australia rely on the small business loans and working capital loans provided by Magnolia Finance. The company’s customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers.  More information on invoice finance Sydney and other financial services offer by the company, visit: www.magnoliafinance.com.au or call 1300471308 ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number:1300471308 Magnolia Finance Provides Working Capital to Businesses 2017-11-06T04:22:23Z magnolia-finance-provides-working-capital-to-businesses Magnolia Finance, one of  Australia’s largest alternative funding source for small businesses, announced that the company offers support to small businesses that are struggling with raising capital to fund business growth. Magnolia Finance provides short-term financial resources including invoice finance and discounts to companies in Australia. Paying suppliers and employees on time just got easier, thanks to invoice financing and discounting. Many commercial and government clients take up to 60 days to pay invoices, creating cash flow problems for suppliers. Invoice financing and discounting provide financing based on slow-paying invoices, giving businesses the necessary funds to meet expenses and grow. “Bank financing is really not an option for many businesses,” said the CEO of Magnolia Finance. “Banks have such stringent requirements that few small or mid-sized businesses can actually qualify for a business loan. Magnolia Finance provides businesses with a viable financing alternative that is easy to obtain.”   Magnolia Finance allows companies to accelerate their slow-paying invoices, providing companies with liquidity to finance operations and growth. Although invoice financing and discounting has been around for a while, it has been gaining popularity lately as the supply of business financing has tightened. invoice finance and discounts have been a “lifesaver” to many businesses, staffing agencies, and trucking companies that have constant, ongoing expenses and clients that usually pay in 30 to 60 days.  Mitchell Atkins the spokesperson of Magnolia Finance explains, “Supplying contractors affect your company’s cash flow because we have to pay the contractors before we’ve received payment. We use invoice finance to bridge that gap.” He added “Magnolia Finance has always been proud that it can provide competitive funding packages tailored to the unique requirements of SMEs. We build very close working relationships with our customers and the high levels of customer retention we see are a testament to this. Our invoice financing and the discounting offer has been designed to provide more Australia businesses with the financial support to help them achieve their business goals.”  About Magnolia Finance Magnolia Finance is a leading small business loans Sydney & invoice finance Sydney organization headquartered in Sydney, Australia. Thousands of small businesses throughout Australia rely on the small business loans and working capital loans provided by Magnolia Finance. The company’s customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers.  More information, visit: www.magnoliafinance.com.au or call 1300471308 ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number: 1300471308 WeChat's powerful ecosystem enables local merchants to connect with Chinese users 2017-11-02T01:52:18Z wechats-powerful-ecosystem-enables-local-merchants-to-connect-with-chinese-users Sydney 02 November, 2017: WeChat has taken a major step through its first series of WeChat Connect events in Sydney and Melbourne to showcase its all-encompassing mobile ecosystem tailored for Australian merchants serving the Chinese community. As of June 2017, Weixin and WeChat have a combined reach of over 963 million monthly active users in China. This translates to a vast opportunity for businesses catering to the Chinese community and visitors in Australia. At the WeChat Connect event, the WeChat team together with their Australian partners demonstrated the innovative uses of the platform for various businesses to better connect with the booming Chinese market. Operating on a single platform, WeChat allows Chinese users to explore, connect and experience Australia all within one app. The WeChat ecosystem includes a number of functionalities including the WeChat Mini Program, a feature that allows users to experience various services without the need to download or install, WeChat Official Accounts for businesses and a mobile payment platform, WeChat Pay. Connecting Chinese users and businesses with WeChat Pay and Mini Program As the outbound travel segment continues to grow in China, more Chinese travellers purchase internationally and prefer to use mobile payment. WeChat Pay offers huge potential to serve as a payment bridge between travellers and Australian businesses. Chinese travellers are commonly looking for fast and convenient payment while shopping abroad. WeChat Pay, a payment feature integrated into the WeChat platform, allows users to complete payments quickly and easily with their smartphones. The WeChat Wallet features Quick Pay, QR Code Payments, In-App Web-Based Payments and Native In-App Payments. The use of WeChat Pay will solve many issues for Chinese users when they shop in Australia, and local merchants are able to leverage the large user base to gain loyalty and become even more competitive. Additionally, businesses are able to tap WeChat Mini Programs to engage users and build their brand and influence with the Chinese community. Mini Programs can be discovered in many ways, such as scanning offline Mini Program code, recommending by friends, clicking through Official Accounts or Discover tab, etc. Through Mini Programs, brands and merchants can offer loyalty programs, virtual gift cards and more. A new way to experience Australian cities WeChat also unveiled the WeChat City Experience Sydney Mini Program, a new way tourists can connect with a city through the app. The tool, previewed in partnership with Tourism Australia and Destination New South Wales, will offer Chinese tourists a different way to experience the popular destination through a self-guided interface that navigates key places of interest, all without leaving their everyday go-to app. “We know that Chinese tastes in tourism are maturing and their interests are increasingly focused on individual, experiential travel. It is great that as an industry, we can tap into the potential of the largest social mobile app in China to deliver more destination information on demand to high-value Chinese fully independent travellers,” said Tourism Australia’s Andy Jiang, Country Manager, China. This year the government announced that 2017 is the year of China Tourism, in an effort to drive continued growth in what is Australia’s most valuable tourism market. Last year, 1.2 million Chinese tourists visited Australia and by 2020 the sector has the potential to be worth more than $13 billion. “The WeChat Connect event offered a fascinating insight into China’s biggest social media platform. Chinese tourists, visitors, students, migrants, investors are pivotal in Melbourne’s growth story and it is crucial to educate local users and businesses on how to engage with this market. We look forward to future collaborations that will enhance Melbourne’s reputation as a Smart City and the most livable city in the world,” commented Councillor Philip Le Liu, City of Melbourne. Magnolia Finance Expands Micro Lending for Small Businesses in Sydney, Australia 2017-10-23T00:55:13Z magnolia-finance-expands-micro-lending-for-small-businesses-in-sydney-australia Magnolia Finance, a leading small business funding organization, announced its ability to offer new Businesses short loans with low-interest rates in Sydney.  Magnolia Finance’s mission is to provide small to mid-sized businesses across Australia flexible business funding options – especially to businesses that may not fit traditional bank or non-financial institutional lending models. Magnolia Finance’s short-term loan opportunity can help a business get over a hump, expand into new markets, acquire a new location or make renovations. “Magnolia Finance is a fast growing and progressive small business lender that is supported with a world-class infrastructure,” said Mitchell Atkins the spokesperson of Magnolia Finance. “I’m excited that our organization has joined the ranks of Australia’s fastest growing companies and proud of our team who are so dedicated to customer success.”  “Ensuring short-term loans is available for small companies in Sydney will promote sustainable economic growth and job creation in Australia. We look forward to working closely with entrepreneurs to expand their business activities across the country.” said the Chief Executive officer of Magnolia Finance. About Magnolia Finance Magnolia Finance is a leading small business funding organization headquartered in Sydney, Australia. Thousands of small businesses throughout Australia rely on the unsecured small business loan and invoice finance Sydney provided by Magnolia Finance. The company’s customers are across industries from aviation, construction, dentistry, franchises, healthcare, manufacturing, communications, real estate, retail, and wholesalers.  More information, visit: www.magnoliafinance.com.au or call 1300471308 ### Contact Details Contact Name - Mitchell Atkins Address: Suite 3, Level 27, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Phone number:1300471308 TechnologyOne sees a surge in local government sales 2017-10-18T19:57:41Z technologyone-sees-a-surge-in-local-government-sales BRISBANE, 19 October 2017 - TechnologyOne (ASX:TNE), Australia’s leading enterprise software as a service provider announced today that FY17 was a record year for local government deals with a 48 per cent increase in licence fees in this sector. The company also closed a strong fourth quarter in FY17 in the local government market with 10 new major deals totalling $40 million in total contract revenue - across Queensland, New South Wales, Victoria, South Australia and Western Australia. TechnologyOne Chief Executive Officer, Edward Chung said there was a 90+% win rate and a surge in the value and quantum of local government deals closed in FY17. “We dominated competitors in the local government sector by securing 240 deals from Australia, New Zealand and the UK in FY17. Of these, 222 were new purchases from our loyal existing customers and 18 were new customers,” Mr Chung said. “More than 18 new customers chose TechnologyOne’s integrated enterprise software as a service solution over competitors. “Also many amalgamated councils kicked-out outdated standalone software products from the likes of Civica and Infor who continue to dress-up their old hosted solutions as cloud”, said Mr Chung. TechnologyOne Executive Chairman, Adrian Di Marco said the company had geared up to continue its domination of the local government market in the coming year. “This is the tip of the iceberg for us as we continue to deliver our market leading integrated solution to meet the growing demands for digital transformation by local governments. We are uniquely placed to do this because of our mass production, digitally enabled software as a solution, that is delivering significant benefits to the sector. “We have more than 300 council customers and are continuing to grow fast” he said. “We continue to deliver exceptional projects at breakneck speed with several recent SaaS go-lives being implemented in less than 12 weeks. “The press has been unfortunately very focused on the BCC litigation. This was an entirely different project to anything else we have ever contracted, and our customers and the local government sector understand this. “BCC were a development partner which has never before been done in local government; and BCC struggled to fulfill their obligations. This was highlighted in an independent report commissioned by BCC which they have continually refused to release, because they have publicly stated it would not be in the interest of the rate payers of Brisbane. Clearly this has been an unfortunate event for both BCC and TechnologyOne.” - Ends - About TechnologyOne TechnologyOne (ASX:TNE) is Australia's largest enterprise software company and one of Australia's top 200 ASX-listed companies, with offices across six countries. We create solutions that transform business and make life simple for our customers. We do this by providing powerful, deeply integrated enterprise software that is incredibly easy to use. Over 1,200 leading corporations, government departments and statutory authorities are powered by our software. We participate in only eight key markets: government, local government, financial services, education, health and community services, asset intensive industries, project intensive industries and corporates. For these markets we develop, market, sell, implement, support and run our preconfigured solutions, which reduce time, cost and risk for our customers. For 30 years, we have been providing our customers enterprise software that evolves and adapts to new and emerging technologies, allowing them to focus on their business and not technology. Today, our software is available on the TechnologyOne Cloud and across smart mobile devices. For further information please visit: TechnologyOneCorp.com Knowing What To Ask When You Go For A Mortgage 2017-10-03T01:56:36Z knowing-what-to-ask-when-you-go-for-a-mortgage A lot of people go into the biggest financial commitment they will ever make without really knowing what they are doing, what questions to ask or who can help them. Getting a mortgage is a big commitment. According to Steven Phang from Aspirus Financial Services there are so many choices when it comes to getting a mortgage, people can save themselves the run around by using a broker.  "We think you ought to use a mortgage broker if you’re going to buy your first home in Australia. That’s because you get access to a full range of financial products that are designed to meet your needs effectively. "Most brokers have access to over 2,000 loan types and can often get a better deal than your bank," he said. "However, when you work with a mortgage broker there are some questions you ought to ask before you commit to anything." What Type Of Loan Best Suits My Circumstances And Why? Before you take a property loan, it’s best to know what kinds of loan are available to you such as: Principal and Interest (P & I) which is a type of mortgage that requires you to pay off the loan as well as the interest on it Interest only which is a type of mortgage where you only pay the interest Variable or fixed rate loans where the interest is either fixed for a set period of time on the loan or whether it varies throughout the term You’ll need to be honest with us about your financial circumstance so that we can find the right loan for you. What Can I Do To Repay The Loan Early? You may find that as your circumstances in life improve that you want to pay off your mortgage at a more rapid rate than you had intended to when you took it out. It’s important to check to see if the loan you are getting is flexible for this and what the fees might be for early repayment. What Range Of Lenders Do You Offer? This is very important, we think. Your bank will almost certainly offer some mortgage products but most banks will only offer their own products or a handful of partner institution’s products. That means you may not be given as much choice or the right product to fit your particular circumstances. That’s the power of using a mortgage broker in Melbourne – we have access to far more products than the average bank does. What Deposit Will I Need For My Loan? You are unlikely to be offered a 100% mortgage on the value of a property and that means you’re going to need to put some money on the table to get the ball rolling. You need to know how much money so that you can be certain you can afford the loan you want. What Information Will They Need To Offer Me A Loan? Your privacy is important and you should always be aware of the information that is being shared in any financial transaction or application, not just a mortgage. Your mortgage broker should be happy to walk you through this. aspirusfinancial.com.au/ Classic Cars Outperform Property Despite Pullback 2017-09-13T04:41:10Z classic-cars-outperform-property-despite-pullback The ten-year rolling average of collectible car prices has fallen from 457% to 404%, according to the latest report from Knight Frank. Despite the market slowdown, collectible cars continue to outpace property as an investment by a factor of four-to-one. Over the past decade Melbourne house prices have increased by less than 100%. “To put that into perspective, had you bought a collectable car for the same price as a house in 2007, your investment would now be worth $1.69m. Your house would only be worth less than half that,” says Benjamin Zachariah, editor of car investment advisory Harris & Silverman. Even with the decline in the market average, hammer prices for modern classic cars from the 1980s and ’90s have been exploding across European auction houses. “People who grew up in that era now find themselves with the disposable income to allow them to acquire the hero cars of their youth,” says Zachariah. Locally, prices for Australian muscle cars continue to see significant increases, with a Holden HK Monaro GTS 327 selling for $210,000 at Shannons and a Torana SS A9X selling for $260,000 at Lloyd’s. Racing cars with significant histories have also been on a vertical trendline. Notes https://harrissilverman.com.au/ http://www.knightfrank.com.au/research/knight-frank-luxury-investment-index-q1-2017-4749.aspx http://www.abc.net.au/news/2007-07-28/melbournes-average-house-price-now-420000/2515676 http://www.abc.net.au/news/2017-04-20/median-house-prices-in-melbourne-the-highest-ever-at-826k/8457456 -= End =- Australian real estate innovation doubles residential property investor net returns whilst tackling housing affordability and retirement income concerns 2017-09-10T23:42:11Z australian-real-estate-innovation-doubles-residential-property-investor-net-returns-whilst-tackling-housing-affordability-and-retirement-income-concerns A new Australian real estate innovation is shaking up the investment and property industries, turning low residential net property yields for investors (and what was once a bleak retirement for many) into high yielding property investments and more choice for investors. Developed in Australia and internationally patented, Assquire provides residential property investors with accelerated and higher residential property gross rents, on average 40% to 60% better than conventional gross rents over ten years, often doubling very low net rents. It can be used for both currently rented properties and for newly acquired properties. Founder Keith Burchill says Assquire has been designed to combat the usual low net yields that residential property investors are accustomed to, as well as mitigate vacancy risk, property management risk and uncertain future capital growth. “There is a long-standing myth that residential property investment is all about capital gain. That’s simply no longer the case,” said Mr Burchill. “Assquire is turning the relationship between property investment capital growth and yield on its head and proving that investors can be better off through higher contracted long-term yields.” “With Australians simply not happy to work until they drop, Assquire is also about positioning retirees better for the future, tackling housing affordability and the deposit gap, and enabling investors and buyers to work together rather than compete against each other for properties,” said Mr Burchill. Assquire benefits investors of any age, but the returns for semi-retired people and self-funded retirees are even greater than double in many instances. “We’re talking potential returns that are 131% higher than rental returns plus capital growth at an assumed 4.5% per annum average property price growth for the next ten years,” said Mr Burchill. (See Table 1, scenario 6 for detail and various other scenarios at different taxable incomes and settlement periods). Assquire is aimed at investors who prefer stable and predictable high yields and long-term tenants of up to ten years, rather than relying on low yields now, a series of back to back short-term tenancies with possible rental gaps, and uncertain long-term capital growth. To benefit from Assquire, investors can utilise an existing residential property or purchase a new property, but must have a minimum 30% equity in the property to potentially qualify. To gain the accelerated higher yields, and up to ten-year tenancies, an investor sells (with a settlement period of up to ten years) their investment property today to a pre-qualified home buyer at a pre-agreed set price. The deferred settlement produces the long term higher rental yields and the investor remains on title until settlement. Buyers must occupy the property immediately and continue to occupy it until settlement with the investor, with the buyer’s interest secured by a registered lease and other security until settlement. In return for the long settlement and a very reasonable pre-agreed ten-year price, investors receive accelerated higher monthly rents, plus monthly deposit payments from the buyer. For example, a Queensland investor employed on a good income and selling and leasing their $500,000 investment property could be on average $210 - $257 per week better off (in today’s dollars and after tax) during their leasing period of up to ten years, compared to their landlord position today. (Results vary depending upon the taxable income of the investor. See Table 2 for detail). “The benefits of Assquire are substantial for both the investor and the buyer. The investor has only one tenant for up to ten years, with no more vacancy periods. In addition, the tenant has a vested interest in keeping the property in good condition, so repairs and maintenance are often reduced. “The accelerated cash flows enable the investor to buy more, or more valuable, investment properties or to utilise the funds for more pressing needs, rather than hoping for a good enough capital gain in the future. They can also reinvest the excess returns each month in their superannuation, which is simply not possible with an unrealised capital gain. So it’s the perfect way to future-proof your investment returns against possible down turns with higher, stable, contracted rents.” Buyers don’t lose out, just because investors are gaining. “This is a great community initiative as it assists buyers into their own homes sooner and more safely. Assquire investors in effect incubate credit worthy buyers into their new or established homes sooner, without any of the typical mortgage worries or upfront mortgage costs like mortgage insurance,” said Mr Burchill. “Even without long term capital appreciation, a buyer’s monthly deposit payments and a purpose designed savings plan are the foundation stones to their embedded equity to assist them to settle with a mortgage at the end of their lease, should they choose to do so.” For more information about Assquire, visit www.assquire.com.au About Assquire: Assquire is a patented system that enables residential property investors to swap uncertain future capital growth and low net rents from tenants, with stable, accelerated, higher monthly cash flows today. Haigslea Residential Limited (HRL) is the property investment and management group licensed (by Mortgage Alternative Pty Ltd) to deliver Assquire®. HRL is a licenced real estate agency in Queensland (Real Estate Licence No. 3995434). Background information: Visit www.assquire.com.au Case studies of Assquire investors: www.assquire.com.au/casestudies How buyers purchase from Assquire investors: www.assquire.com.au/for-ma-buyers Case studies of buyers who purchase from Assquire investors www.assquire.com.au/macasestudies Why this isn’t ‘rent to buy’ and a comparison of Assquire with ‘rent to buy’ Media Contact: Margot Furlonger, Holy Mackerel Group, tel 0422 548 323 or margot@holymackerel.com.au Regional Australia Bank awards over $30K to the Coonabarabran community as part of its innovative Community Partnership Program 2017-08-28T21:06:22Z regional-australia-bank-awards-over-30k-to-the-coonabarabran-community-as-part-of-its-innovative-community-partnership-program Regional Australia Bank’s innovative Community Partnership Program scales new heights of success. Regional Australia Bank’s Community Partnership Program is now in its ninth year – and with this year’s donations reaching a staggering $840,000, the program continues to go from strength to strength. Under the program, new bank customers open a transaction account and select which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporters’ accounts and donates 1% of the total to the cause on the customers’ behalf – all without costing them a cent. With more and more people getting on board, the Community Partnership Program has continued to grow at over 30% per year ­– and this year, the total amount has edged ever closer to the million dollar mark, with $840,000 of funds ready to donate to various local grass roots clubs and community groups. At Coonabarabran’s Community Partnership presentations last night, Regional Australia Bank awarded $31,769.03 to the local community – and the United Hospital Auxiliaries of NSW – Coonabarabran Branch, Rotary Club of Coonabarabran, Coonabarabran High School P&C Association, Coona Amateur Boxing Club, The Men’s Shed Coonabarabran Inc, the Coonabarabran Local Aboriginal Land Council and the Urabrible Landcare Group were just a few of the groups lucky enough to receive a donation. Over the past few years, the Bank has been able to contribute more than 1.5 million dollars to deserving community groups – and as Regional Australia Bank Coonabarabran Branch Supervisor Sarah Jackson explains, “we’re immensely proud of our ability to deliver these kinds of social and environmental returns to our regional communities.” Ms Jackson continued that “for a bank like ours, which is founded on the promise to operate in the best interests of our customers and communities, it’s entirely fitting that our customers are able to lead the way in initiatives like this, given that they’ll often be the ones benefitting from the positive impacts of this program.” “The Community Partnership Program is just one of the ways in which we assist our customers and communities,” said Kevin Dupé, Regional Australia Bank CEO. “Regional Australia Bank is proud to continue delivering the Community Support Program in 2017, enabling it to continue enhancing the quality of life and a strong sense of community for the regions it serves.” The banks goal for the Community Partnership Program is to reach $1M in donations to local communities in 2018 and invites regional Australians to get on board and choose to bank with them, so that they can take advantage of this initiative and enjoy both better value from their financial institution, and help create local communities that can fully prosper and thrive. A full list of Community Partnership Program beneficiaries has been included below. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Suite 4 Technology Park, Madgwick Dr, Armidale NSW 2350 Australia Phone: 02 6776 0000 Coonabarabran Community Partnership Beneficiaries United Hospital Auxiliaries of NSW - Coonabarabran Branch Rotary Club of Coonabarabran Coonabarabran High School P & C Association Coona Amateur Boxing Gym Coonabarabran Soccer Club Inc Coonabarabran Local Aboriginal Land Council Urabrible Landcare Group Inc Coonabarabran P & H Association The (Men's) Shed Coonabarabran Inc C/Bran Rugby League Football C Riding for The Disabled Association (NSW) Coonabarabran Centre Coonabarabran Volunteer Rescue Coonabarabran Public School Parents and Citizens Association St Lawrences Primary School - Canteen Coonabarabran Youth Club Inc Coonabarabran Fishing Club Coonabarabran Bowling Club Co-Op Coonabarabran Junior League & Netball Inc Coonabarabran Garden Club Binnaway Jockey Club Inc. Coonabarabran Junior Golf Coonabarabran Jockey Club Inc Baradine Country Bushfire Brigade Baradine and District Progress Association Coonabarabran Lady Golfers Improvement Fund Coonabarabran Pony Club Inc Warrumbungle Regional Radio Inc Yearinan Bushfire Brigade Coonabarabran Arts Council Coonabarabran Bran Horse & Rider Club Inc Warrumbungle Arts and Crafts Inc Coonabarabran & District Greyhound Racing Club Baradine Bowling Club - Baradine Health & Fitness Binnaway Amateur Boxing Gyminc RSL Womens Auxiliary Coonabarabran Orbital Swing Band Warrumbungle Rural Community Programme War Fm RSP Coonabarabran Physical Culture Club Coonabarabran Little Athletics Coona Civilian & Military Rifle Club Dps Coonabarabran Local & Family History Starfest Rocky Glen Branch of CWA NSW Coonabarabran Landcare Warrumbungle Eventing Inc Hell Yeah Sports & Activities Astronomical Society of C/Bran Castlereagh Working Equitation Coona Drop in Incorporated Castlereagh Support Brigade Coonabarabran Christian Education Association Gowang Rural Fire Service Coonabarabran Lions Club Incorporated Coonabarabran Teachers Bugaldie Rural Fire Brigade Napier Lane Bush Fire Brigade Burra-Bee-Dee United Coonabarabran Men's Choir Coonabarabran Amateur Dramatic Society Coonabarabran Local Aboriginal Lands Council