Have you taken out Travel Insurance on your Holiday

The holiday season is approaching, and many of us are looking forward to our annual holidays. My family is travelling to South Africa for our Annual Holiday, and I am in the process of looking to take out a travel insurance policy to mitigate any risks that might occur on our holiday.

After searching the Web for articles on travel insurance and what the best deals are, (I have reposted the relevant articles on our website  - click here ), we have decided to take out a Chartis Travel Insurance Policy (who are the leaders in this space).

If Travel Insurance is critical for me when travelling, it will also be critical for our clients and subscribers.

I have negotiated a deal with Chartis, so that our clients will be able to get a 20% discount on regular travel insurance prices if they book though the attached link. Click here to access this link.

I hope you enjoy the festive season, and wish you “health, wealth, wisdom and happiness” for 2011.

BSI Learning - Diploma of Management

There is an opportunity to take advantage of the Federal Government’s initiative in upskilling Australians to further enhance workforce capabilities and to address skills shortages within the workplace. You or a member of your team may be eligible to Complete the accredited Diploma of Management Course at a cost to your Employer of $3,250 over the next 6 months – and the Government will reimburse your employer $4,000*!. *subject to eligibility This course will give the applicant new management and leadership skills to enhance their career and business initiatives. If you or someone you might know has not completed a qualification above a Certificate IV level, and are seeking to gain new skills for your current employment or future job role then you should apply. send to a friend This course will give the applicant new management and leadership skills to enhance their career and business. If you are interested in finding out more CLICK HERE to register your interest. With kind regards Course Overview The Department of Education and Training NSW has recently approved the inclusion of the Diploma of Management qualification which means eligible employees will qualify for federal government incentives. BSIL Hume Learning’s Diploma of Management is a fantastic way for your  employees to gain new management and leadership skills, enhance their career and knowledge of business operations. It is ideal for the business owner, senior manager, or developing business leader to: Reinforce, enhance and grow skills Apply critical and contemporary management principles, tools and techniques Develop new networks and opportunities. Course Structure The Diploma covers the following units of learning:         BSBFIM501A Manage Budgets and Financial Plans      BSBMGT616A Develop and Implement Strategic Plans        BSBPMG510A Manage Projects         BSBMGT502B Manage People Performance        BSBWOR502A Ensure Team Effectiveness        BSBMGT516A Facilitate Continuous Improvement        BSBRSK501A Manage Risk        BSBMGT515A Manage Operational Plan The program combines 5 days of non consecutive workshops with online and self paced learning, including small group work. The course is typically completed in a timeframe of around 6 months. Eligibility and Course requirements The approved Diploma Traineeship is available to all employees and employers can qualify for $4000* in Federal Government incentives for each eligible participant that commences and completes the course, which more than offsets the cost of the Diploma, at only $3,250 per person. *Subject to eligibility checks To be eligible for this funding, a participant must not have previously completed a qualification higher than a Cert IV. If you are interested in finding out more CLICK HERE to register your interest. To enquire about your employees’ eligibility and for further details please contact Donatella  Ottaviano on 02 9993 0703 or email info@bsilearning.com.au SEND TO A FRIEND ABOUT BSIL                                                                                BSI  Learning (BSIL) is a leading provider of Organisational and People Development Services and outsourced training solutions in Australasia.Our vision is to deliver value across the entire Employee Lifecycle. We  utilise the full spectrum of learning methodologies including Workshop,  Action Learning, Distance Learning, Coaching and e Learning and our global training partnerships keep us abreast of the latest learnings and  product developments from around the world. Visit our website... BSI Learning Pty Ltd Suite 1, Level 3. 55 Holt Street, Surry HIlls NSW 2010 www.bsilearning.com.au Telephone: +61 2 9215 0196 Fax +61 2 9212 5545 "Realise your potential"

The Ark Informer - November 2010 An Economic Update

In this Ark Informer "Where to Now?", we give an update on interest rates, an international snapshot, the rising australian dollar, inflation and our view of where the market is heading. For those of you who haven't downloaded the ebook "investing in equities", please feel free to do so. There is also an excellent whitepaper written by Russell Investments and the ASX analysing asset classes over the past 10 and 20 years. We are holding a Webinar next week on Property and Self Managed Super Funds to register, please click here If you require any further information, please don't hesitate to contact us. With Kind Regards Ivan Kaye www.arktotalwealth.com.au Join Me on LinkedIn http://au.linkedin.com/in/ivankayebsi Tel +612 92623333 Mobile +61413339888

The Ark Informer - November 2010 An Economic Update

The United States, Europe and Japan are struggling to support a sustained recovery, Emerging Asian economies are motoring along, supported by domestic demand. The Australian economy seems to be riding the Asian wave! Interest Rates In Australia, as we all know, the RBA were sneaky on announcing an increase to the official cash rate from 4.5% to 4.75% on Melbourne Cup day, thinking that we would not notice. We wait to see how the lenders respond. We have already seen the Commonwealth Bank increase rates by 0.45%, almost double the RBA increase. We expect lenders to start to announce their positions in the next few days. With interest rates at less than 1% in USA and Europe – governments are doing all in their power to stimulate the economy. Australia – Interest rates are 4.75% and forecast to rise (see graph below). The Australian Dollar strengthening as high interest rates are attracting overseas money. International Snapshots USA Interest rates are .25%, and the only tool left in the Federal Reserves belt is to stimulate the economy is to print more money. No matter how low interest rates are this will not help families with negative equity and no jobs The outlook for the US economy remains bleak, and deflation concerns are still present. However, financial market performance will be effected by any further decisions surrounding more quantitative easing in the near future But – one should invest in times of despondency! See the Emotional Investment - Rollercoaster http://arktotalwealth.com.au/news1.aspx EUROPE Interest rates remain at all time lows of 1% in Europe and 0.5% in the UK The share market remains volatile in response to mixed recovery signals Germany and France experiencing a relatively strong resurgence, while other nations suffer from persistently high unemployment ASIA China is a major driver of this growth with GDP growing 10.3% over the year during the second quarter, compared to 11.9% in the first quarter. This provides a sustainable growth story, as inflation is well contained India has also experienced vigorous growth with leading indicators such as business and consumer confidence,  as well as the production manufacturing index continuing to rise. Growth is projected at 9.7% in 2010 and 8.4% in 2011 according to the IMF The likes of Singapore, Korea and Taiwan are also showing double digit growth AUSTRALIA The Reserve Bank of Australia (RBA) has raised interest rates seven times between October 2009 and November 2010  The Australian economy is showing steady growth, with a strong reliance on the resource sector There’s a lot of planned investment over the coming year but business is not putting that into play at the moment Investment, consumption, employment and confidence improving across most sectors  The IMF forecasts economic expansion of 3% this year and 3.5% in 2011 Australia and the Resources Sector China’s insatiable need for our resources has boosted terms of trade, leading to wage growth and rising employment Overseas investors are looking to Australia for an exposure to China Market, 40% of our market is owned by foreign investors and they will be looking to invest here to get access to the Chinese growth story  Huge disparity between the 2 economies  wage growth in the mining sector has boomed, with the average wage being $103,000, the average wage across Australia is $62,000 pa In the last financial year, company profits across Australia were up 18%. Strip out the mining sector and profits were only up 3% The Rising Aussie Dollar Its highest level since the currency was floated in 1983 Vacancy rates which are very, very low here — 2 to 3%, whereas in the US you’ve got 15% vacancy rates Unemployment is going south and that means sub 5% - USA 10% Government net debt levels of around 5% of GDP, compared with over 68% in the UK and 65% in the US The Aussie Dollar could move beyond parity in the next 6–12 months as further quantitative easing looks likely in the US A high Aussie Dollar is positive for Australian consumers (who will see the cost of goods fall), as well as for airlines and retailers, but not good for the tourism sector, manufacturing and exporters Inflation Growth prospects in the Asian region and a booming commodity sector has a risk of causing inflation The RBA has kept a lid on inflation by steadily increasing interest rates Housing affordability and consumer spending needs to remain robust 200,000 first home buyers may not be able to pay their mortgages if rates increase! There needs to be a careful balance of managing interest rates and inflation The Market ‘The Australian market has been trading in a pretty tight band from 4300 to about 4600–4700. Are we ready for a rally? Economy – good A relative bond yield  -good Dividend yields –good Employment – good Solid corporate profits and above average equity yields that are currently averaging 5 – 5.5% fully franked make shares good income generators. We believe it is possible that the market will hit 5,000 by March 2011 and 5500 by Dec 2011. What should you be doing now? We believe that adopting a process of investing into the market on a regular basis is a sound strategy,Once you have a financial strategy in place, regularly review it, but don't deviate from a sound plan.   For a free Financial Health Check, please don't hesitate to contact us  graphs and tables sourced from ANZ

November Economic Update