Archive for News

ASIC Regulatory Fees Raising Questions

The Australian Securities and Investment Commission, the regulatory organization in charge of every one Aussie who has can lay claim to the honour of best financial adviser in the country, has recently gotten some flak regarding its new funding model.

The ASIC’s new pay model will be a ‘user pays’ model, where the financial advisors and auditors under the ASIC will receive new billing to fund the organization. CPA Australia’s business policy adviser, Gavan Ord says that these new fees are egregious, and might make it hard to attract more members.

For financial advisors,  the effect is particularly bad thanks to these new bills kicking in at about the same time as new compliance fees that came in thanks to professional standards reforms as well as the establishment of a new complaints authority. CPA Australia’s advisers, some of the industry’s best financial adviser are saying that he problem lies in how these all add up.

Some are saying that the CPA Australia cannot see how these new fees relate to their actual costs, pointing to the AU$1,927 registration fee that self-managed super fund (SMSF) auditors have to pay, plus the deregistration fee of AU$899. To contrast, individual registered company auditors’ registration fee is only AU$338, plus the annual flat levy of AU$222, but these still generate more fees than an SMSF. The problem being that the registration costs for the SMSF are five time that of company auditors.

On top of all of that, there’s also the fact that the graduated fee is sill unknown, as they’ll be derived from the ASIC’s final costs, which won’t be revealed in October. The new model demands that ASIC needs to recover any money spent on regulating entities within a financial year, but that can’t be determined until the end of that particular year. This means that the AISC will collect data through July and September, before publishing the indicative costs on October, followed by an invoice with the fees to regulated entities on January.

The new model came into effect on the 1st of July 2017, and would allow it to allocate resources better. Some that doubt the new model, however, say that they need some level of assurance of what the new model will do and that the money will be used appropriately and effectively.

Share

Mintlaw Pavilion To Have Better Car Park Soon

The Mintlaw community council is going to have a meeting next week in order to talk about a funding bid to start the construction of the village pavilion’s car park which needs improvement. The funds will cover the materials such as tiles for car park as well as the labor.

The council has already asked the local authority to grant them cash in order to cover the tarring works for the surface of the car park. It is estimated that the work will require about £50,000.

Most of the funding willbe provided by a developer that is currently constructing a project within the village but despite this they are still lacking around £2,938 which is needed for the completion of the project.

An application for funding has already been submitted by the community councilors to the council and the application will be presented to the committee that manages the Buchan area in their next meeting.

Mintlaw Pavilion serves many purposes to the community such as a changing facility for the members of the local sporting clubs and this is also where Oscars which is an after school group is meeting.

According to the report of the director of business services of the council, Ritchie Johnson, the improvement of the car park will be beneficial for the village overall.

He added that community council members are eager to assist the project in order to start construction because they are aware of the benefits the village will reap once the sustainable transport project is completed.

The upgrade will be a good thing both for the locals of Mintlaw and those who are living outside of the village because this is considered as a convenient meeting point for many either theyare going somewhere or they want to use public transport.

The pavilion will also benefit from the upgrade of the car park.

Once it has been surfaced and later on installed with tiles for car park, the number of vehicles parking will increase this car sharing will be encouraged as well as the use of public transportation.The roundabout found in the square will face less traffic when the project is complete.

Share

Class Action Lawsuit Against A Noisy Construction Project Wins After 20 Years

Excessive noise can be produced by cars and trucks on the road that is why it is very likely that you are asking how to reduce traffic noise in your house so that the family can enjoy some peace and quiet. Aside from the high decibel levels produced, big trucks can cause vibrations in homes. Noise pollution can be a nuisance and must be regulated by state laws.

A case was filed by 12,000 people living near the highway 20 years ago against Transport Quebec and some construction companies. They were eligible for up to $3.5 million in compensation with roughly $3,500 to $5,600 per household but Peter Krantz said the case was not about money.

The construction on Ville Marie took place between 1998 and 2000 and those households living near the highway had to suffer from the incessant sounds of jackhammers and construction equipment day and night. It was like a jet engine in the backyard that is running for 24 hours a day, 7 days a week.

A decibel meter was installed by a Westmount resident and saw a peak of 96 decibels. For reference, a normal conversation can reach 50 decibels; a lawnmower about 90 decibels and a rock concert about 120 decibels. A sustained level of about 85 decibels or higher is considered harmful to health.

According to class action lawyer, Gabrielle Gagne, she was actually pleased with the good amount of settlement from the government and companies involved. However, in spite of the payout, they have not changed their ways.

Another problem with noise is being generated by an ongoing reconstruction of Ville Marie and the Turcot Interchange that was launched years ago but will be complete by 2020. The ongoing construction is creating chaos in the neighborhood to the point where people are afraid to cross the streets because of the angry drivers.

When you are exposed to noise from the outdoors, you can’t help but ask how to control traffic noise in your house to avoid a disturbed sleep. There are various innovative solutions like double glazed windows so that you can enjoy a peaceful sleep or converse privately without any noisy distractions.

Share

Something Warm And Brewing For Lovers Of Asian Cuisine In Amador County

When you hear the word fusion, it means a combination of elements or items brought together through the application of heat. The fusion of two or more cooking traditions in Asia can be experienced in Asian fusion restaurant in Sukhumvit in a fine dining atmosphere. The authentic Thai restaurant can be found on the rooftop of The Continent.

An icy blue spell is all over Amador County with raw winds tipping the towering pines. There is no place like Amador County for those who want to experience a nostalgic Christmas with shimmering frost all over the quiet, half-hidden roads. However, no matter how cold it seems, there is always something warm and brewing at Wok & Roll Asian Kitchen.

Long-time residents call the Wok & Roll as the most intriguing dining development east of Jackson in the last few years. The Asian kitchen brings fresh, intense and naturally blooming flavours to Amador County. Charvy Mam and Colin Kendigare really focused on providing lovers of Asian cuisine exactly what they want.

The Asian kitchen offers some of the best dishes from the genre that includes firecracker shrimps, drunken eggplant, spicy beef noodle soup, the famous Pad Thai of Thailand and the extremely popular pho. There are unique dishes from Mam’s recipe collections like garlic and chive rice cakes and colorful bao tacos.

Served during lunch is teriyaki-marinated king salmon special that is a smooth creamy fusion of Thai nuances and perfectly moist meat. The Korean barbeque features marinated steak served with sauces and crispy fried egg roll. The tenderness of the beef is almost fork-soft yet juicy and loaded with subtle flavours.

It is not difficult to see why Wok & Roll is drawing an enthusiastic crowd ever since it opened. Customers are sending grateful compliments to the chef because something they love is served.

The best of Thailand’s world renowned street food with its complex blend of spices, herbs and flavours is elevated to new heights at Asian fusion restaurant in Sukhumvit where the dining experience cannot be surpassed. In addition to the extensive menu is a selection of fine wines and signature cocktails that perfectly matches with Thai cuisine.

Share

3 Ideas For Successful Team Building Activity 

Modern organizations find value in team building activities. One of the benefits of conducting such activities is the enhancement of internal relationships among team members and also to give the participants a break from the pressures of day to day work. You can find professional facilitators that you can hire from trusted companies and some of these organizations even offer venue for the activity. If your organization is small sized, you can have the activity within your office premises or you can also handle the facilitation. If you want to get more guide and ideas for team building guide, here are some ideas.

Check from online sources

One of the best sources of team building ideas is the internet. You can find games and concepts including how to facilitate them. To determine the success of the event, collect feedback from the participants. During the crafting of your activity design, factor in your activity goals for your team building in order for the games and activities to be aligned with your goals. There are also facilitation manuals that you can find on the internet.

Get ideas from your friends

You can also refer to your friends who may have experience in team building facilitation or one who recently attended a team bonding activity in the office or organization. If you have friends or colleagues who can facilitate team building, gather information from them or find out if they can conduct the event.Aside from checking if you have friends who can facilitate the event, find out if they can refer an expert facilitator to your organization.

Hire expert facilitators

Some organizational activities such as team building can be conducted byteam members but for bigger organizations and for better quality for your activity, it would be best to hire experts in the field of facilitation. There are service providers that offers venue, facilitators, food and other team building related services to organizations. Call the service providers in advance and coordinate with them to provide the necessary services that your organization requires. You would be asked to fill out a form that indicates your organizational information and activity needs.

Share

How To Buy Discount Tyres In Brisbane

There are just so many things you need to budget on. Your car tyres are just one of them and surely, you do not want all your money to go to your tyre replacement alone. For this reason, it is understandable for you to look for a supplier where you can find discount tyres in Brisbane for your tyre replacement. There are several tyres suppliers online and it might be daunting for you to choose one where you can get high quality tyres at affordable price. To narrow down your options, here are some ideas.

Do some window shopping

To get the best value for your money, search fordiscount tyres in Brisbane from different sellers and obtain information from various sources. If you are a first time buyer, do purchase tyres from the first supplier that you encounter online. You can stick to a supplier if you have already proven the reliability of the seller. Before you place a purchase, check from different suppliers and compare the tyre prices. Aside from checking the supplier’s website, you can also call them directly to get price information. Another option is to check from local tyre dealers to see if their prices are comparable to those offered online. Your friends might also know some of the best tyre suppliers and you can ask them for information.

Consider checking second hand tyres

You can also find discount tyres from tyre shops that offer second hand or used tyres. Online shops do not just offer discount items, they also offer tyres that are used but with excellent quality. All you have to do is do some research to get more options and you should also consider your budget. If your budget only allows for second hand tyres, choose a reliable supplier and ask for the tyresimages to ensure that they are still in excellent condition. Buy tyres from a supplier that offers money back guarantee.

Choose the right supplier

To get high quality discount tyres in Brisbane, it is important to choose your supplier wisely. Read customer testimonials before placing a purchase or you can also refer to online forums for additional information.

Share