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Australia

Where Australia stands in credit Suisse wealth report

October 21, 2013 by Reporter Leave a Comment

The 2013 Credit Suisse – Global Wealth Report aim to provide the most comprehensive study of world wealth and progress of wealth  accumulation among individuals and countries.

australians wealth in mining

The report is made for Credit Suisse in collaboration with Professors Anthony Shorrocks and Jim Davies

This report measures and analyze trends in wealth across nations, from the very bottom of the “wealth pyramid” to ultra high net worth individuals.

Global wealth has reached a new all-time high of USD 241 trillion

the credit suisse global wealth report 2013 2012 and 2011

Old 2012 wealth report

 

According to  the study, Australia can be said to be the “lucky country”,   with Australians said to be  the richest people in the world, by at least one measure.

The median wealth of adult Australians stands at $US219,505 ($233,504) – the highest level in the world, according to the Credit Suisse 2013 Global Wealth Report, released on Wednesday.

The number of Australian millionaires increased by 38,000 to 1.123 million people and  about half of the rise in  Australian wealth is said to be due to dollar rate exchange appreciation.

The study measures median wealth  as a average  middle point between richest and poorest,  and has measured  that 50 per cent of the population has more than $233,504, and 50 per cent less than that, making  the Australians  to be quite wealthy according to this report , specially  when you take the sparse population into account.

Browse out research organisations list over here

Filed Under: 2013, Australia, Australian, Report, Rich List Tagged With: Credit suisse, Report global, Wealthy

Show Your Appreciation: Five Tips for Corporate Gift Giving Finesse

October 3, 2013 by Reporter Leave a Comment

Use corporate gifts to solidify the relationship you have with your existing clients and reconnect with long lost customers. “Corporate gifts”, given at an appropriate time, may also serve to demonstrate your appreciation to the people who chose to do business with you.

gifts galore in australia dia

How to give corporate gifts

In any industry, there’s bound to price based competition. But since you can only discount your products so far, you’ll have to resort to other ways to show your appreciation to customers who remain loyal to your business. Giving corporate gifts such as gift boxes or hampers, designed with your message in mind, is just one way to reward your customers.

Sometimes the lines between gift giving and brides can become blurred, and your generosity can leave your business vulnerable to accusations of being unethical. This is why it is necessary to follow a few basic rules in your gift giving. Even more crucial, you must keep in mind that your gifts represent your business, so they must be of the highest quality. Here are some basic rules for corporate gift giving.

Maintain the Standard

Cheap and low quality gifts could tarnish the image you’ve worked so hard to build. If you’re investing in gifts to send to your customers, make sure that they’re made of the finest materials. Pens should be quality pens that work, mugs should be made from the finest quality materials, and gift baskets should be assembled using the best quality products.

Make It Personal

While you might be tempted to give your corporate clients business gear with your name engraved on the packaging, a self-indulgent gift makes a bigger impression on the client’s mind. Gourmet, bath and body, or wine gift baskets are most appropriate for momentous occasions.

Think about the Recipient

Consider the appropriateness of the gift for the recipient. Corporate gift giving policies and cultural barriers will influence your decision, but you should also know something about the person you’re giving the gift to. For instance, an alcohol wine basket may not be appropriate for a non-drinker. So make a few observations and ask questions –maybe with check the client’s secretary- before you purchase the gift.

Include a Handwritten Message

The courtesy of hand written messages seems to be a long forgotten art. Write a pleasant note to your client to identify yourself as the sender, and don’t make the mistake of signing the gift with the Happy Holidays greeting. A hand written note thanking the client for their business and explaining why you chose to send the gift will remove any doubt and opportunities for baseless accusations. More than that, a handwritten note, because it’s so rare, will leave a positive impact on your client’s mind.

Don’t wait for Special Occasions

You don’t have to wait for a special time of the year to show your appreciation to your corporate clients and customers. In fact, giving a gift outside of special occasions generally has a bigger impact than those holiday gifts your clients will receive gifts from everyone else.

William Dawson is a former corporate officer and grandfather of seven. Now retired, he spends his days boating, but when the weather won’t permit that, he likes to share what he has learned on various Internet blog sites. He recommends corporate gifts for your loved ones.

Filed Under: 2013, Australia, Gpost Tagged With: Christmas, Corporate, Gift Ideas

Snake on a plane in Australia

September 23, 2013 by Reporter Leave a Comment

A Qantas Boeing 747 airliner got disrupted  due to a  snake being found in the Qantas flight in Sydney.

snake in qantas plane in australia

Staff in Sydney,Australia luckily discovered a 20-centimetre (8-inch) Mandarin Rat Snake in the passenger cabin just before passengers were due to board the flight bound for Tokyo, Japan-  Qantas said in a statement.

The tiny exotic snake was said to have arrived aboard the jet in a flight a day earlier from Singapore. Qantas had to give passengers hotel rooms overnight and passengers left Sydney on a replacement plane Monday morning.

Snakes on a Aeroplane in Sydney

Australian authorities seemed to be concerned about the reptile harbouring  pests and diseases not present in Australia

In a previous snake incident involving Qantas , a 3-meter (10-foot) python in January clung to the wing of a Qantas flight from the northeast coast city of Cairns to Papua New Guinea. The python died during the flight but was suprisingly  still attached to the aeroplane wing when the two-hour flight ended in the national capital Port Moresby.

In a unrelated incident in India  a snake was found in a mango juice softpack

Filed Under: 2013, Australia Tagged With: Boeing 747, Qantas, Snake on a plane

Results: Liberals win Australian Elections 2013

September 8, 2013 by Reporter Leave a Comment

The Australian elections 2013  is over   with the Liberals winning the election and  as  the new PM has announced  “The country is under new management”.

kevin rudd defeted by tony abott 2013 elections  result australia

After  a long term by John Howard, its Tony Abbots turn to take the mantle  for the liberals.

More than 14 million people were registered to vote in Saturday’s election. Voting is compulsory in Australia.

Elections results 2013 Australia

The Coalition (TONY ABOTT –Liberals) won the election with a national swing of 3.5 per cent, seizing a swathe of seats in Tasmania, Victoria and across New South Wales.

The House of Representatives contains 150 seats, 76 are needed for a majority and the coalition got  85 seats  with Labor taking 54 seats.

Mr Abbott began his first day as the nation’s leader with a bike ride and has since held a series of briefings with public servants. Outgoing PM Kevin Rudd earlier admitted defeat and said he would not stand again for the Labor leadership.

Australian elections 2013 in news

 

CNN

Cnn.com

Tony Abbott: Australia’s pugnacious new prime minister

He may have run a gaffe-prone campaign against the bookish Kevin Rudd, the incumbent Labor prime minister, but his knockabout style, which harkens back to older, safer times, proved popular with an electorate exhausted by years of Labor infighting.

 

Australian election sweeps conservative leader Tony Abbott to power

Abbott, a former boxer, Rhodes scholar and trainee priest, promised to restore political stability, cut taxes and crack down on asylum seekers arriving by boat.

 

Tony Abbott wins, but does Australia care?

Weeks before Saturday’s vote, the Liberal-National (i.e. conservative) coalition Tony Abbott leads commanded such a margin in the polls that the incumbent Labour party overthrew their own prime minister, Julia Gillard, and replaced her with Kevin Rudd, who Labour had overthrown three years previously when his popularity began to wobble.

 

Wikileaks founder Julian Assange missed out on a Senate seat in Victoria, where the final place was claimed by Rick Muir of the Australian Motoring Enthusiasts Party.

Filed Under: 2012, Australia, Elections Australia, Government, Politics, Report Tagged With: 2013 elections, Australia, Polictics

Corrupt PNG politicians steal Australian Aid money

August 28, 2013 by Reporter Leave a Comment

Australians people are generous in nature when it comes to charity and donating for charity  and to poor countries , including the Australian government that  helps and supports developing countries.

A recent scandal has shocked many Australians, who believe the government  is supporting our neighbours PNG when infact  large sums of aid money is being  swallowed by corrupt  PNG officials , businessmen and corrupt politicians

ausaid png scandal with corruption

Dirty money and corrupt PNG officials

Media agencies  and TV channels have put  a spin on the scandal highlighting banks who have the said  money transferred too  in Australia  as being involved , when in fact  it is the corrupt politicians who have let down the poor people of papa new guinea who actually deserve this AID

Australian foreign aid is being lost to corruption, with an estimated $1.7 billion being stolen from Papua New Guinea’s (PNG) budget annually.

The stolen aid money is said to come back in Australia  via the banks and also the corrupt people investing in property and assets in australia.

 

As per yahoo.com.au

Professor Sharman along with Sam Koim, head of PNG’s Anti-Corruption Task Force, are on a mission to lift the lid on billions of dollars of dirty money leaving PNG to be laundered in Australia.

"Corrupt politicians, and senior officials are buying houses and gambling. Obviously they need bank accounts to do so, and setting their families up here (in Australia) as well," Professor Sharman said.

Mr Koim and his task force informed Australia’s money laundering agency Astrac, the Australian Federal Police (AFP) and the Attorney General’s department in August last year that Paul Paraka – a lawyer who allegedly sent $2.5 million dollars to his family – was a person of interest in their investigation into corruption.

More on this article and dirty money scandal can be found here

Filed Under: 2013, Australia, Banks, World Tagged With: Blackmoney, Corruption, Scandal

When Courier Parcel is appropriate for business

August 4, 2013 by Reporter Leave a Comment

Use a Courier Service to Show You Care About Their Business

Customer loyalty is tough to achieve and in a world of commerce where finding a competitive edge is so vital to successfully growing your business, a reliable courier could be what you are looking for.

australia courier service aug. 04

Meeting deadlines

To deliver on your promises you need to deliver your goods on time and meet any pre-arranged deadlines. We all know that when we have ordered an item that we need as quickly as possible; there is nothing worse than it not turning up on time.

This has the effect of not only providing immediate disappointment in the company that you have chosen to deliver on time but also presents a potential logistical nightmare caused by the delay.

On the other hand, if the company you placed an urgent order with promises to get the item delivered by noon the following day and it turns up in plenty of time, you are going to be impressed with their service and commitment to customer satisfaction.

Delivering on your promises

Using a courier to deliver items on your behalf presents an opportunity to gain a competitive edge over rival companies who may offer a similar product but cannot provide the same efficient level of delivery service.

Being able to deliver on your promises will mean that your company can grow organically with existing customers happy to rely on you to deliver on time and also allow you to seek new customers with the confidence that you can meet their expectations.

Less mailroom headaches

Another aspect of running a business that many consider as a menial task is managing the flow of mail and far too often, other seemingly more important aspects of the daily business routine such as driving sales and communicating with customers, take priority over the efficiency of the mailroom.

Not many people in the company will willingly volunteer to queue up at the local post centre and arrange to send all the parcels and post that have accumulated throughout the day.

Save time and money

Quite often you could save your business time and money by using a courier service to deliver your parcels and time critical mail. The average amount of staff hours spent managing mail for a small business is about 1.5 hours a day, so when you compare the cost of those wages against the cost of a simple pick-up service from a courier that could be as little as $5.50 per day, you can see that savings can be made on cost and also staff efficiency.

Broadening your horizons

Another positive aspect of developing a relationship with a good reliable courier company is not only can you grow your business with a greater degree of confidence that you can deliver on your promises but you can also look to widen your geographical sales area by using the delivery network that a good courier will be able to offer, meaning you can attract new customers and still offer the same speed of delivery service.

The purpose of a good courier is to provide you with a good service which in turn enables you to do the same. It also has the potential to become an integral part of your business, keeping delivery costs under control and perhaps most importantly, allowing you to show your customers that you care about them by delivering on time.

Richard Mills is a business logistics consultant. He enjoys sharing his ideas through blogging. Find out more about couriers and services near you.

Filed Under: Business, Gpost, Perth WA, Retail, WA Tagged With: Couriers, Parcel, Post

Datsun car by Nissan reborn in India

July 23, 2013 by Reporter Leave a Comment

Most aussies know  “the datsun brand”  an iconic reliable car  that just worked. It has been an aussie favourite for ages  and now its getting released in india.  In the year 1981 in the U.S. it was badged as the DeLorean DMC-12.

Datsun GO Engine and Performance

Nissan has chosen India to introduce the Datsun Go, a super-inexpensive hatchback. (It will cost just  $7,000. putting this car in the budget affordable category in india). The Datsun Go will go on sale in India early next year, followed by sales in Russia, Indonesia, and South Africa. The four-door hatchback has a 1.2-liter engine and a five-speed manual transmission

The Indian price tag is Rs 4.00*lakh

Datsun was the company’s flagship auto brand in the U.S. until it was killed off in favor of the Nissan name in the U.S. in 1984 (and everywhere by 1986)

 

Datsun (DAT-GO), one of the oldest car manufacturing companies in the world was first started almost a century ago in the year 1914. Nissan changed the name to Datson from DAT-GO, which was later changed to Datsun.

good old aussie datsun

Tata, the Indian automaker, flopped badly with its Nano minicar that sold initially for $2,000.

Filed Under: 2013, Australia, NT, Perth WA, Sydney, Victoria, WA, World Tagged With: Aussie car, Datsun, Vintage car

Telecommuting – RDP can Save Your Business Money & Increase Productivity

June 7, 2013 by Reporter Leave a Comment

 

 

The Australian Bureau of Statistics reported there are over 1 million businesses being run from home. It marks a move towards running your own business and taking control of your own destiny. Remote Desktop Protocol (RDP) gives you the freedom to work with any PC remotely by just opening a window on any other machine.

remote working for australia with NBN

It can save your business money and enhance productivity. With telecommuting and remote working becoming more popular, RDP is essential.

Control Your Fleet

 

You don’t need to have access to a computer to control it. An RDP client for Mac, for example, can have nine RDP clients open at the same time to control nine separate machines. It’s just a matter of closing the window to log off the machine.

It’s such an increase in productivity because you can completely remove the problem of physical distance. An employee can switch on their personal computer and access their work computer from home.

Remote Desktop Services (RDS)

 

RDS is closely related to RDP. Most companies with a significant number of PCs use RDS alongside RDP. RDS removes the hardware costs associated with buying the computers. It replaces them with single servers accessible from one or two central machines.

RDP doesn’t just connect to another computer. It’s more than capable of connecting with a server and accessing the data from there.

It’s also a boost for productivity if your company has multiple network servers. Seamlessly switching between servers saves time and ensures you can access the files you need quickly and simply.

Checking Up

 

As an employer, you want to make sure your employees are doing everything possible to increase company productivity. RDP gives you access to all other computers in your business. You can monitor what they’re doing in real-time, and even take control of them.

Since you access separate computers through a window on your machine, you can print screenshots of your employee’s activity.

It gives employers more control over their workforce. Administrators can watch their workers for a period of time and inspect processes which could warrant improvements.

Control on the Move

 

The rise of the smartphone in Australia and around the world has made staying in touch with everyone else easier than ever before. RDP also works with smartphones. All it needs is a local wireless Internet connection to work. With powerful Wi-Fi in most Australian cities, this makes it easy to send commands to your computers wherever you are.

As a decision maker, you might need to send something to a computer in the middle of traffic. For those decisions which just can’t wait, RDP can really save your hide.

Less Space

 

To have every worker on a computer in the same office costs money. Physical real estate in Australia isn’t cheap. Small businesses can reduce the amount of space they take up with RDP. It makes remote working and ‘hot desking’ a viable option for the first time.

You know you can see what they’re doing and they can keep in contact with you and each other at any time of day.

Filed Under: Australia, Small Business, Technology Tagged With: NBN, Remote Working, Teleworking

Australia’s best hotels for corporate meetings and conferences

May 2, 2013 by Reporter Leave a Comment

Whether you’re a businessman, public servant or representative of an organisation, one task that will come up every so often is arranging a conference for both internal and external figures. It’s a task that usually eats a large amount of one’s time as organisers find information on a range of hotels and other meeting spots before checking them against myriad attributes. Fortunately, however, top hotels for conferences exist in every major Australian city, meaning it is not impossible for you to impress colleagues and stakeholders with your choice of hotel.

australian heritage hotels

An Australian heritage Hotel

Hotel Lindrum, a Melbourne hotel situated in the heart of the city, provides a classy, yet value-for-money option, which is great for those organising a meeting or conference on behalf of a small business. The Lindrum’s Australian Room offers a cosy but highly professional setting for meetings of up to ten people. At $400 for a full day or $280 for a half day, and with a tailor-made menu for meetings offering food and beverage options from $15 per person, a corporate meeting in the Australian Room can boost a small business’ clout without eating its hard earned profits.

The Sebel Pier One in Sydney has breathtaking waterfront views that will charm even the fussiest of conference guests. Overlooking Sydney Harbour, Pier One’s main conference venue is able to fit 440 guests, which makes it a great choice for large conferences of a high-level and prestigious nature. Alternatively, Sebel Pier One has seven smaller conference rooms, allowing for an elegant, yet more intimate atmosphere for corporate small business meetings. While it is on the expensive side, the highly sophisticated atmosphere and the first-rate views make Pier One an excellent choice.

The Crowne Plaza Canberra is in a central location close to the National Convention Centre, giving guests easy access to any large functions occurring there. The Plaza has six meeting rooms which cater for conferences and corporate meetings with few or many guests. Its largest room, The Glebe, fits up to 50 guests in a meeting setting while the smallest room in the Crowne, Pods 1, fits up to 17. Such diversity of rooms in a prime location gives Crowne Plaza something to offer for large and small businesses alike.

The Crowne Plaza in Canberra is not the only one excellent for conferences; Adelaide’s Crowne Plaza also offers outstanding facilities for those in Australia’s south. Like its Canberra counterpart, Adelaide’s Crowne Plaza has a diverse array of meeting rooms, with seven being offered by the hotel. Along with luxury, the Plaza’s state of the art technology in its function rooms is its major strongpoint. The Hindmarsh Ballroom, for instance, includes a built-in data projector and screen which has been deemed as the “latest in technical facilities” by the hotel.

When it comes to size, Brisbane’s Pullman Hotel is unrivalled in the Queensland capital. Located in the centre of the city, the Pullman has the capacity to fit up to 1000 people in its largest ball room, an easy fit for even the largest of corporate functions. For smaller corporate meetings, the hotel also has two boardrooms. On top of all this, the Pullman Hotel also boasts the 50-seater King George Room, which overlooks Brisbane’s King George Square, giving it character for those hosting a conference with a sophisticated touch.

Over in the country’s west, the Duxton Hotel in Perth is an attractive hotel venue for conferences given its five-star facilities and location near the Swan River in the city centre. With nine meeting rooms, ranging from a function floor on the Lower Lobby Level and the six-seater Duxton 5 meeting room, the hotel appeals to those hosting large and small conferences and meetings. The Duxton Hotel is located on St Georges Terrace, which has public transport connections to Perth’s Domestic Airport, making it a great choice if catering to interstate guests.

In Australia’s north, the Vibe Hotel Darwin Waterfront offers four flexible conference and meeting rooms within walking distance of Darwin’s Central Business District. The Vibe is situated in the recently developed Waterfront precinct, which contains many top alfresco restaurants and entertainment areas. Vibe Hotel is also 20 kilometres from Darwin Airport, making it a great hotel to hold a conference if attendees are flying in from elsewhere.

Australia boasts some of the best hotels for conferences and corporate meetings. Hotels in every major city in the country contain conference rooms to cater for both small and large conferences as well as professional atmospheres for even the highest-level of meetings. With central, easily accessible locations and state of the art technological facilities in these venues, a business can easily consider flying into a new location for the annual company conference or function.

Carla C. Burton is a self-employed Travel and Hospitality writer with a BBA in Business Administration from Bond University.  Although a Gold Coast native, Carla moved to Melbourne in 2008 to further her writing career in the Travel industry.  Carla has become a top contributor to many Travel blogs world-wide and thoroughly enjoys the freedom that self-employment has provided her.  To find out more about Carla or to follow her other posts, follow her on Twitter @CarlaCBurton.

Filed Under: 2013, Australia, Entertainment, Gpost, NT, Perth WA, Sydney, Times, Victoria, WA Tagged With: Australian Hotels, Hotel accomodation, Tourism

Who Pays for Online Credit Card Fraud?

May 2, 2013 by Reporter Leave a Comment

In this age of new technology, we have begun to live our lives between the online world and the real world. There are now so many ways that we can communicate with our customers, through social media, our websites and ultimately through the transactions that we make. It has never been easier to make the connections we need to keep our businesses above water; but this does come with new ways that criminals can gain access to our companies and customers details and sometimes this can leave all parties involved out of pocket. The main and most common ways that this happens is through credit cards, mainly due to the amount of sites that now accept our credit card details. Here we will look at how and who this fraud relates to and ultimately, who carries the cost.

credit card fraud  online

The Credit Card Company

The majority of credit card fraud issues includes fraud, theft and expired cards. In the case of online fraud, currently the easiest way to commit this form of crime, many credit card processors have a zero liability policy that will return the card holders cash to them. Many times the card provider will not allow the transaction to be processed, and the person making the transaction will become aware of this. This allows the bank to investigate the transaction and determine the best course of action.

If a transaction is processed then this will usually leave the credit card company paying the money back to the cardholder and will be covered by their insurance; the turnaround time for reimbursement is, on average, 48 hours.

The Merchants Responsibility

There are times when credit card fraud can be attributed to the merchant, mainly for letting the crime happen on their site. This usually occurs due to a lack of onsite security during the payment process.

One scenario when a merchant is most likely to be charged to foot the bill, is when it can be a proven mistake on their part. A prime example of this was a recent merchant fraud case involving Apple in the UK, was a case of a child using his parent’s credit card to pay for online games. Apple had not integrated this liability into their planning and as the parent’s card details were stored, there were no restrictions to stop the child from using it. Apple had to reimburse the full cost as it was indeed a fault of theirs.

There are ways that, as a merchant, you can make sure that you are protected; the most obvious is to make sure that you have adequate SSL security on your site. This should be displayed throughout a variety of you pages and be obvious at the transaction point. This will, at least protect you if a customer’s details are stolen from your site.

The Customer

The bulk of online fraud transactions are now covered by the banks and credit card companies, but there may be times when the customer is just as liable as the merchant. The majority of credit card fraud cases will need to be proven by the customer and merchant in order for the creditors to make the reimbursement. If you have found fraudulent activity on your account, or one of your customers has experienced this, then it is imperative that you find out what the credit card company classes as an ‘authorized’ transaction as they can differ between companies. In essence, if you have presented your card for payment, then you could be liable for the charges that apply directly to this activity.

The issues with customer liability within this arena is that there are now so many ways that you can pay for things using your card, Paypal, online, offline and many people store their bank statements on their computer. If you then allow someone to use your computer and they take your details, then you are liable – it really is as easy as that.

In conclusion, we are all liable at some point to pay for the crime of credit card fraud, so we need to work together to make sure that we are all as secure as we can be.

Filed Under: 2013, Australia, Credit Cards, Finance, Gpost Tagged With: CCards, Fraud

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