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With the launch of the so-called “Investment Commission,” a worrisome agenda takes shape: prioritising supply chains and deregulation while neglecting vital public investment. In an era of renewed austerity, private profit reigns supreme, overshadowing the funds needed for a just transformation and climate goals. Chiara Casati and Frank Vanaerschot dig into the Draghi report, EIB updates, and Commission hearings. Brace yourselves for a “Commission for Investors.”
நாட்டில் இயங்கும் நான்கு மிகப் பெரிய வங்கிகளும் லட்சக்கணக்கான வாடிக்கையாளர்களிடமிருந்து வங்கிகள் தவிர்த்திருக்கக்கூடிய கட்டணங்களை வசூலித்துள்ளன. சிக்கலான செயல்முறைகளை வங்கிகள் நடைமுறைப்படுத்தியதன் மூலம் வாடிக்கையாளர்களுக்கு வங்கிகள் நிதி பாதிப்பை ஏற்படுத்துகின்றன என்று Australian Securities and Investment Commission அறிக்கை கண்டறிந்துள்ளது. இந்த நான்கு வங்கிகளும் அப்படி பாதிக்கப்பட்ட வாடிக்கையாளர்களுக்கு மில்லியன் கணக்கான டாலர்களை திருப்பிச் செலுத்தவேண்டும் என்று அறிவுறுத்தப்பட்டுள்ளது. இது குறித்த விவரணம். ஆங்கில மூலம் SBS-Newsக்காக Phoebe Deas & Ciara Hain. தமிழில் முன்வைப்பவர்: றைசெல்.
Some Australian banks are expected to pay-back millions of dollars to customers after a report found avoidable fees and complicated processes were causing financial harm. The Australian Securities and Investment Commission says four financial institutions will refund over $28 million in overcharges to those who could least afford it after keeping them stuck in high-fee accounts. - ප්රමුඛ පෙළේ ඕස්ට්රේලියානු බැංකු වලට තම පාරිභෝගිකයන් හට ඩොලර් මිලියන ගණනක් ආපසු ගෙවීමට සිදු වන බව වාර්තා වනවා. Account maintenance fee වැනි වළක්වාගත හැකි ගාස්තු සහ සංකීර්ණ ක්රියාමාර්ග නිසා පාරිභෝගිකයන් හට මූල්යමය වශයෙන් පාඩු සිදුවන බව වාර්තාවකින් අනාවරණය වීමත් සමග මෙම තීරණය ගෙන තිබෙනවා. ඔස්ට්රේලියානු සුරැකුම්පත් හා ආයෝජන කොමිසම පවසන පරිදි ඕස්ට්රේලියාවේ ප්රධාන බැංකු හතර වන ANZ, කොමන්වෙල්ත්, නැබ්, සහ වෙස්ට්පැක් යන බැංකු, ඉහළ ගාස්තු සහිත බැංකු ගිණුම්වල තම පාරිභෝගිකයන් රදවා ගෙන තිබෙනවා. එයින් අසාධාරණයට ලක් වූ, එම ගාස්තු දරාගත නොහැකි පාරිභෝගිකයන් වෙත, ඩොලර් මිලියන 28 කට වැඩි මුදලක් ආපසු ගෙවීමට බැංකු වෙත නියෝග කෙරෙනවා. මේ පිළිබඳ වැඩිදුර තොරතුරු අද අපගෙ කාලීන තොරතුරු විග්රහයෙන්
Some Australian banks are expected to pay-back millions of dollars to customers after a report found avoidable fees and complicated processes were causing financial harm. The Australian Securities and Investment Commission says four financial institutions will refund over $28 million in overcharges to those who could least afford it after keeping them stuck in high-fee accounts.
Rolf Karst werkt in Nederland voor Austrade, de Australian Trade and Investment Commission. Hij is op dit moment met een Nederlandse delegatie op bezoek in Perth (WA) voor een Agricultuur missie. De groep bezoekt onder meer het EvokeAg event. Wij belden Rolf om te horen wat precies het doel is van de missie en of hij al mogelijke samenwerkingen heeft zien ontstaan.
Did you know many Australians get their investment advice from social media finfluencers? It's a frightening fact. A recent ASIC (Australian Securities & Investment Commission) conference determined that most of those giving financial advice online are both unqualified and unlicensed. This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Rhys Bollen, Senior executive leader of ASIC's market supervision team, about the potential dangers of getting investment advice from social media. What is ASIC? What influence does social media have on investors? How can you protect yourself? Links: Moneysmart.com.au ASIC Website #friendswithmoney #finfluencer #warning #michellebaltazar #rhysbollen Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.
At this point of the cost of living crisis we are all more than well aware of just how expensive everything has become. But a savvy group of Aussies are clawing back some of their cash by just making a few calls. We speak to a financial expert and some women who have picked up the phone and saved thousands to help you also ensure your money stays in your pocket. Subscribe to Mamamia GET IN TOUCH Feedback? We're listening! Call the pod phone on 02 8999 9386 or email us at podcast@mamamia.com.au CONTACT US Got a topic you'd like us to cover? Send us an email at thequicky@mamamia.com.au CREDITS Host: Claire Murphy With thanks to: Andrew Dadswell - Leading Consumer Communications at the Australian Securities and Investment Commission which includes the MoneySmart program Producer: Claire Murphy Executive Producer: Kally Borg Audio Producer: Thom LionBecome a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.
Nicola Watkinson leads TheCityUK's International Trade and Investment team as the Managing Director, providing unique insights and deep expertise into the markets and trade relationships that contribute to the #UK's success as a leading global financial center. Prior to joining #TheCityUK, Nicola served as the General Manager for The Americas at the Australian Trade and Investment Commission and as the Deputy Consul General in New York. In these roles, she led a team of 90 professionals across North and South America and managed five consulates. Nicola has also held senior positions in international business development for the Australian Government, working across Asia, Europe, and Australia. Join me on "Getting to the Top!" to learn from this extraordinary leader about how she built her journey in International Business Development by embracing opportunities, taking risks, and empowering others. #gettingtothetop! #Podcast is available on Apple Podcasts, Audible, Google Podcasts, Spotify, and my YouTube channel. Please Subscribe! #youtube https://youtube.com/c/RacquelMoses #apple Podcasts: https://podcasts.apple.com/.../getting-to.../id1612120883 #Audible https://www.audible.com/pd?asin=B0BM8T7J6K&source_code=ASSORAP0511160006&share_location=podcast_episode_detail #google Podcasts https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy84NWVkN2FkMC9wb2RjYXN0L3Jzcw #spotify https://open.spotify.com/show/1V2yrvFaDmTzlLXmS50DN Racquel Moses, strategic transformation www.racquelmoses.com Instagram @RacMoses twitter @RacMoses Facebook https://www.facebook.com/RacqMoses
Australian exporters are crucial to the economy - but they share a few other defining qualities as well.Heather Cotching, Chief Economist at Austrade (the Australian Trade and Investment Commission), talks to Sean Aylmer about the economic contribution of exporters, and the surprising statistics that link these businesses.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
The Joint Venture: inspiratia insightsExclusive interview with hydrogen expert, David Urry - Investment Director at Austrade. The team look over the past week of news and give their views on some big market trends From the news desk, Zachary brings us up to date with big deals done by CIP and TotalEnergies, Statkraft's latest PPAs, and the EU's new approach to taking on the US's IRA. We also cover the break of BEIS in the latest government shake-up and ask what it means for the industry. Oliver interviews David Urry, Investment Director at the Australian Trade and Investment Commission, on the country's potential as an energy exporter and the importance of public/private cooperation across boarders in building a new hydrogen economy. Hosted by:Oliver Carr - Senior Hydrogen AnalystZachary Skidmore - Senior Reporter Reach out to us on: podcasts@inspiratia.comFind all of our latest news and analysis by subscribing to inspiratiaListen to all our episodes on Apple Podcasts, Spotify, and other providers.
We talk about well-being a lot on this podcast, but one thing we don't really discuss all that often is financial well-being. And while it's a truism that money can't buy you happiness, I'm also of the opinion that if the number of shifts you do is purely determined by your level of debt rather than your level of enthusiasm that there is likely to be an increase in sadness! Which is why we invited one of the world's foremost authorities on personal finance, Noel Whittaker, to set us off on the right path. This episode is a recording of a Q&A session that we did with Australian finance icon, Noel Whittaker, and several of the team from Animal Emergency Australia to help us with our burning money questions. Noel is a bestselling author, finance and investment expert, radio broadcaster, newspaper columnist and public speaker. He reaches over three million readers each week through his columns in major Australian newspapers and magazines, and also broadcasts on over 50 radio stations. He has over 20 bestselling books, including a brand new one called 10 Simple Steps To Financial Freedom. His first book, Making Money Made Simple, set sales records across the country and was named in The 100 Most Influential Books of the Twentieth Century. For 30 years, Noel was the Director of Whittaker Macnaught, one of Australia's leading financial advisory companies, with more than two billion dollars under management. In 1988 Noel was named Australian Investment Planner of the Year and, in 2003, he was awarded the Australian Centenary Medal in recognition of his services to the financial services industry. In 2011 he was made a Member of the Order of Australia for service to the community in raising awareness of personal finance. He is currently an Adjunct Professor and Executive-in-Residence with the Queensland University of Technology, as well as a committee member advising the Australian Securities and Investment Commission. We're joined by the team from AEA to answer questions about financial topics relevant to most of us, including whether it's best to buy or rent, smash the mortgage or start investing, whether it makes sense for younger people to pay extra into their retirement fund, how to think about student debt, insurance planning, balancing debt with investment, planning advice for rising interest rates and much more. (Quick translation for our non-Australian listeners: Super = Retirement fund. HECS debt = Student loan) If you'd like your financial and professional journey to be as part of a veterinary team that does more than just talk about team well-being, listen to our job add at the end of episode 83 to find out about working with me in one of the best locations in Australia and AES Tanawha, or contact me at vetvaultpodcast@gmail.com to ask all your questions. Go to thevetvault.com for show notes and to check out our guests' favourite books, podcasts and everything else we talk about in the show. If you want to lift your clinical game, go to vvn.supercast.com for a free 2-week trial of our short and sharp highly practical clinical podcasts. We love to hear from you. If you have a question for us or you'd like to give us some feedback please get in touch via email at thevetvaultpodcast@gmail.com, or just catch up with us on Instagram. --- Send in a voice message: https://anchor.fm/vet-vault/message
Senior journalist Claire Tyrrell talks about her recent coverage of Dorado Property. Plus the latest on Jackie Jarvis, Sabine Winton, Australian Securities and Investment Commission, Woodside Energy, DFD Rhodes.
Global ETF inflows continue to break records. Salim Ramji, BlackRock's Global Head of Index Investments, breaks down why millions of first-time investors are turning to ETFs and Samara Cohen, BlackRock's Chief Investment Officer of ETFs and Index Investments, explains the changing role of ETFs. 1 Blackrock, Nov 31st '20 - Nov 31st '212 BlackRock “Second Annual iShares Report on Investor Progress – Our Next 100M Investors”, as of December 8, 2021(https://www.ishares.com/us/insights/investor-progress-report)Estimate for new accounts: Financial Times, “Is the army of lockdown traders here to stay?,” Oct. 18, 2021 quoted data provider BrokerChooser estimated that 30 million new accounts were opened in the U.S. during the first 12 months of the pandemic. In the U.K., the Financial Conduct Authority there were 7.1 million new accounts opened between April 2020 and April 2021. In Germany, the number of people who own shares directly or via funds rose by 2.2 million in 2020, according to Deutsches Aktieninstitut (Aktionärszahlen 2020, “Deutschland und die Aktie?” In Australia, Australian Securities & Investment Commission data indicate approximately 700,000 new accounts that traded for the first time. In Canada, as many as 500,000 accounts were opened in the first quarter of 2020 alone (Financial Post, “‘Money to be made': Meet the new retail investors flooding the market amid the pandemic,” July 6, 2020; Estimate for prior five years derived from publicly available brokerage data from Charles Schwab, Fidelity, Robinhood, and E*trade (7.6 million in 2019, 4.2 million in 2018, 2.7 million in 2017, 2.3 million in 2016, 1.9 million in 2015).3 Nasdaq “A New Way to Look at Retail Trading Trends”, November 8, 2021 (https://www.nasdaq.com/articles/a-new-way-to-look-at-retail-trading-trends)4 BlackRock “Second Annual iShares Report on Investor Progress – Our Next 100M Investors”, as of December 8, 2021(https://www.ishares.com/us/insights/investor-progress-report)BlackRock, as of Dec. 4, 2021. We divided our assets under management by 120 million, Figure estimates the combined reach of our iShares ETFs and index mutual funds, LifePath® index target-date funds and other index-tracking products that are used in retirement plans BlackRock, Broadridge (as of Nov 4, 2021); Blackrock FP&A (Institutional Index AUM as of Oct. 31, 2021); BlackRock estimated target date fund choice for 20% of Fortune 100 companies (June 2019); BlackRock Lifepath DC plan clients (as of Oct. 31, 2021). Publicly reported average “number of members” statistics collected from various relevant client websites. U.S. iShares users calculated based on total number of accounts in the U.S. holding iShares ETFs [or index mutual funds], by ticker level and internal assumptions on number of accounts per household, per user and tickers per account; Institutional index mandate client (ex ETF) estimate based on Blackrock AUM and number of users across accounts.RO: 2071455This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable and are not guaranteed as to accuracy or completeness. This material may contain 'forward looking' information that is not purely historical in nature. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not indicative of current or future results. This information provided is neither tax nor legal advice and investors should consult with their own advisors before making investment decisions. The value of investments and the income from them can go down as well as up and you may not get back the amount invested. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.Investors in the U.S. should carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.The iShares and BlackRock Funds that are registered with the US Securities and Exchange Commission are distributed in the US by BlackRock Investments, LLC (together with its affiliates, “BlackRock”). This material does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20-549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing materialIn Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL). The material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances.In Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. 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As promised, we're continuing our three-part arc on size diversity. Building upon our conversation with Dr. Rebecca Puhl, we're joined today by someone who has spent her professional life advocating for body positivity, specifically within the context of the world of work. Jessica Richman is a San-Francisco based Trade and Investment Director for the Australian Trade and Investment Commission. But we're talking today about something else that Jessica has been involved with. In 2019, Jessica founded the VISIBLE COLLECTIVE—an initiative that advises companies on product development, marketing, and new business development to better serve people of size. If you'd like to follow William & Mary's School of Business or learn more about the Diversity and Inclusion podcast and our programs, please visit us at www.mason.wm.edu.
Tafilelea Fa'avae Gagamoe, new Chairman/Ta'ita'i Fono with New Zealand Samoa Trade & Investment Commission, Trade Invest Samoa joins us on #PacificDays formore on his new role & the work of New Zealand Samoa Trade & Investment Commission. See omnystudio.com/listener for privacy information.
How can cities strengthen their business cases for net zero investment? And if their plans are brought together and aligned in a new and creative ways, could they generate greater scale, volume and predictability in ways that might make them more attractive to investors? To answer these and other questions, the Connected Places Catapult has teamed up with the UK's Core Cities and London Councils to create the UK Cities Climate Investment Commission. The aim is to the leverage the combined scale and clout of the UK's cities to mobilise investment into low and net-zero carbon projects across all of the UK's largest cities, not just individual ones. As an initial step we have commissioned research to assess and analyse the low carbon investment that cities need, and the associated investment cases. The findings of the report will be launched at the COP26 Climate Summit in Glasgow and will look at the following sectors; commercial and industrial property, waste and electricity generation, and transport. In this episode we take a look at transport, which contributes almost a quarter (22%) of the UK's green house gas emissions. There are of course different modes of transport – cars, buses, lorries, trains – and they each contribute emissions in different ways too. In a UK context you also have to bear in mind that local authorities have limited impact on most of those modes, and zero impact on some. So the Commission has been focussing on where councils can have the most impact through policy and investment: Reducing the need to travel. Increasing the use of public transport Increasing the uptake of active travel - walking, cycling Converting from fossil fuelled to electrified forms of transport Prof. Greg Clark, who chairs the Commission, speaks to Cllr Susan Aitken, Leader of Glasgow City Council about what this looks like from the perspective of one of the UK's core cities. We also meet Andrea Fernandez, Managing Director of C40 Cities Climate Leadership and specialist in climate finance in cities, as well as Asif Ghafoor, CEO of Iduna, a company playing a leading role in Greater Manchester's electric vehicle charging infrastructure. Music on this episode is by Blue Dot Sessions and Phill Ward Music (www.phillward.com) Show notes: To read the Joint Declaration of the UK Cities Climate Investment Commission on our website. You can also watch a recording of the launch of the Commission, which was held on 1st July, which included a presentation on the initial findings of the research report. To read and download the Catapult's Net Zero Places Innovation Brief, which explores a number of new market opportunities in the active travel sector, click here. To register for our Pathway to Net Zero Investment event on the 21st October, where the UK Cities Climate Investment Commission will be presenting its findings, click here. You can also learn more about the organisations featured on this episode; Iduna – a UK infrastructure company specialising in mobility, telecoms and energy. EV. – Iduna's electric vehicle charging company which operates Greater Manchester's largest EV charging network. C40 Cities – a network of 100 megacities committed to addressing climate change. City of Glasgow's plans to host the UN's COP26 Climate Summit from 31 October – 12 November 2021. If you'd like to get in touch with your feedback, comments and suggestions on what you'd like to hear more of on Connected Places, please email: podcast@cp.catapult.org.uk. We're looking forward to hearing from you! To find out more about what we do at the Connected Places Catapult and to hear about the latest news, events and announcements, please sign up to our newsletter! Follow the show! Don't forget to subscribe to the show on iTunes, Spotify or wherever you get your podcasts. Please also take a moment to write a review and rate us so that more people can hear about the podcast and what we do at Connected Places Catapult.
Jessica Richman serves as a San Francisco-based Trade and Investment Director for The Australian Trade and Investment Commission. In this role, Jessica helps US-based tech companies launch and expand in Australia. She also assists Australian tech companies with their US expansion. Additionally, Jessica acts as Founder and CEO of The Visible Collective® where she advises companies on product development, marketing, and new business development to better serve customers labeled overweight or obese by the Centers for Disease Control and Prevention (CDC). Ms. Richman previously held roles in marketing, growth and strategy at Walmart.com. One of her greatest achievements was a 10-month solo around-the-world trip.
How can cities strengthen their business cases for net zero investment? And if their plans are brought together and aligned in a new and creative ways, could they generate greater scale, volume and predictability in ways that might make them more attractive to investors? To answer these and other questions, the Connected Places Catapult has teamed with a number of partners to create the UK Cities Climate Investment Commission. The aim is to the leverage the combined scale and clout of the UK's cities to mobilise investment into low and net-zero carbon projects across all of the UK's largest cities, not just individual ones. As an initial step we have commissioned research to assess and analyse the low carbon investment that cities need, and the associated investment cases. The findings of the report will be launched at COP26 with a series of dissemination events being planned in the months leading up to November. The aim of the commission is to; Support UK cities in achieving their carbon reduction targets, whilst developing a deeper understanding of the low carbon investment opportunities and challenges faced by UK cities. Create increased confidence within the investment community in low carbon projects by leveraging the benefits of the scale offered through networks of cities rather than individual ones. Provide the basis for engaging with industry on the opportunities for the supply and deployment of low carbon technologies into the marketplace. This episode is a summarised overview of the work of the commission using audio from the launch event that was held on 1st July, 2021 chaired by Andrew Carter, Chief Executive of the Centre for Cities and attended by Prof. Greg Clark, Chair of the UK Cities Climate Investment Commission, Cllr Susan Aitken, Leader of Glasgow City Council, Niall Bolger, CEO of the London Borough of Hounslow, Rachel Dickie, Executive Director for Investment at Grosvenor Britain and Ireland, Shuen Chan, Head of ESG at Legal & General Investment Management (LGIM). Music on this episode is by Blue Dot Sessions and Phill Ward Music (www.phillward.com) Show notes: To read the Joint Declaration of the UK Cities Climate Investment Commission on our website. You can also watch a recording of the launch of the Commission, which was held on 1st July, which included a presentation on the initial findings of the research report. To read and download the Catapult's Net Zero Places Innovation Brief, which explores a number of new market opportunities in the active travel sector, click here. You can register for the live City Leader Dialogues with Sir Richard Leese, Leader of Manchester City Council on Monday 26th July, and Mayor of Bristol, Mayor Marvin Rees on 7th September. You can also register for our Innovation Places Summit on 23rd September, as well as our Active Travel Summit on 29th September. If you'd like to get in touch with your feedback, comments and suggestions on what you'd like to hear more of on Connected Places, please email: podcast@cp.catapult.org.uk. We're looking forward to hearing from you! To find out more about what we do at the Connected Places Catapult and to hear about the latest news, events and announcements, please sign up to our newsletter! Follow the show! Don't forget to subscribe to the show on iTunes, Spotify or wherever you get your podcasts. Please also take a moment to write a review and rate us so that more people can hear about the podcast and what we do at Connected Places Catapult.
New ASIC Regulations and How They Affect Forex TradersPodcast: #400: New ASIC Regulations and How They Affect Forex TradersIn this video:00:24 – I’m joined by Ben Clay from Blueberry Markets00:43 – Why are ASIC making these changes?01:43 – If you have more experience, will these levels change?03:12 – How does this affect Australian traders?04:00 – How will these changes affect non-Australian traders?05:35 – I’m looking for a new broker. Can I join Blueberry?06:11 – What should you look for in a good Forex broker?07:36 – Can a trader contact you directly?09:21 – A goal to help people succeedAndrew Mitchem:There are new changes coming from the Australian regulators affecting us as Forex traders. So let's discuss how that's going to change things with the Australian brokers. Let's get into it right now.Andrew Mitchem:Hi traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 400.I’m joined by Ben Clay from Blueberry MarketsAndrew Mitchem:And today we're joined by Ben Clay from Blueberry Markets to discuss the upcoming changes through ASIC and how it's going to affect us as traders, whether we be in Australia or overseas. So Ben, welcome, great to have you here today.Ben Clay:Thank you, Andrew. Thanks very much.Why are ASIC making these changes?Andrew Mitchem:So Ben, we're here about these changes out of ASIC, so it's the Australian Securities and Investment Commission. So can you tell us how is this likely to affect us? And first of all, why are ASIC making these changes? What is it that they're doing and why are they doing it?Ben Clay:Sure. So essentially the changes are mainly to protect traders at the end of the day, especially new traders coming on board. There's a lot of new traders that come into brokers on one to 500 leverage, the maximum leverage that can be offered and that's just too much risk for someone who doesn't know anything about the Forex markets to be trading on. So these changes is to try and help new traders get a better understanding and trade on much lower leverage, which will be one to 30 for Forex pairs. So they can get an understanding of how the products works before jumping into higher leverage.Andrew Mitchem:Okay. So it's mainly about leverage and protecting some of those newer traders.Ben Clay:Absolutely.If you have more experience, will these levels change?Andrew Mitchem:That's one of the reasons. So does that mean that once someone understands risk and they've been through trading for a while, things can change, or is that leverage that you just mentioned pretty much set?Ben Clay:No, that's exactly right. So when a client has a bit of experience and has some trading history, they can actually become what's called a sophisticated trader. So there'll be some extra parameters that they have to go through, which we'll send out to our clients in the next month, but it will basically almost be a test to show that they understand the markets and that they clearly understand the risks of when it comes to Forex trading. Like myself, I trade on high leverage. It's just a way that I prefer to trade. So, me, myself, I would want to be listed as a sophisticated investor so I can have that as an option to trade on much higher leverage.Andrew Mitchem:Right. So it's about educating the client as well. So they're not just going in there gambling and throwing it all away, and then all goes wrong.Ben Clay:Exactly. That's exactly right.
Laura Keil-Hall is the Co-Director and CEO of The Pacific Business Hub. She is the Principal Consultant for her consultancy business LKH Consulting and a Publisher of Fōlauga Business Journal. She is the Co-founder & former Chair of Samoa Business Network Inc. Laura was instrumental in establishing the Samoa Business Network Waikato which later rebranded to Waikato Pacific Business Network, Tonga Business Network which now includes business networks for Niue, Cook Islands and Tuvalu. An Executive Member of P.A.C.I.F.I.C.A Manukau branch. Former Board Member of NZ Samoa Trade & Investment Commission. A co-founder and co-consultant for Pacific Settlement Services that support Pacific migrants from the islands. Laura has a background in retail finance and banking industry in NZ with over 10 years’ experience. Most notable is her time as a Business Manager at BNZ which led her to pursue the business network initiatives which led her to pursue her passion in helping and supporting Pacific businesses and aspiring business owners with the establishment The Pacific Business Hub to enable and empower them. See omnystudio.com/listener for privacy information.
The Partners Life MatrixThe Customer Outcome Matrix launched by Partners Life in April has been well-received by advisers, says the firm this week. The matrix is a system that includes the insurer surveying customers and marking advisers against a six-point check list that can determine their annual bonuses. The company offers an 80 per cent annual bonus that can be raised to 100 per cent based on survey results.New ad camapignPartners Life has launched a advertising campaign featuring popular nursery rhyme characters to promote the importance of having life insurance. The first one featured Humpty Dumpty, who had a great fall without being insured.New pollWhile dealer group mergers might make for stronger companies, is it good for financial advisers? Cast your vote in this week's poll...Shanks opinionIn an opinion column for RiskInfoNZ, Katrina Shanks of Financial Advice NZ outlines the key points of the incoming regime and what advisers should be doing now to be ready for its introduction on 15 March.NZQAStrategi Institute has retained its status as a Category 1 NZQA training provider. David Greenslade, executive director of Strategi Group, says the institute was described by the NZQA as having ‘excellent' performance in all areas, including its training, teaching, content and student support.MergerThe Health Funds Association of New Zealand has been merged into the Financial Services Council to create a membership association with almost 90 organisations.The Health Funds Association is the industry body for health insurers and was set up in 1989. Membership is voluntary and includes eight health insurers who account for more than 80 per cent of active health insurance policies in New ZealandFree Apple watchAIA NZ is encouraging its customers to improve their fitness levels with a free Apple Watch offer worth up to $699. AIA Vitality members can buy the watch using an interest-free loan arrangement and AIA will make the payments if users' weekly fitness targets are met.AustraliaThe Australian Securities and Investment Commission (ASIC) has has released a draft information sheet on insurance claims handling and settling. This comes in advance of industry participants needing an AFS licence for claims handling, or to be authorised by another AFS licensee.The Australian regulator says the information sheet follows the introduction of the Financial Sector Reform Bill 2020.The Australian Securities and Investment Commission has has released a draft information sheet on insurance claims handling and settling ahead of incoming regulations... See acast.com/privacy for privacy and opt-out information.
On this edition of Cory Talks... The up's and down's of COVID-19 in the state of Victoria. Thankfully now there are more good days than bad with extra freedoms starting today (Wednesday 28th October). Queensland election on this Saturday. That states deputy Premier has congratulated Victoria on some really hopeful news. Shame the federal government wasn't as giving. Another scalp claimed at the Australian Securities and Investment Commission. Former Victorian Health Minister, Jenny Mikakos calls her former boss, paralysed. Trump walked out of a TV interview. Hear the audio on this edition of the show. The 2020 Australian rules football and rugby league seasons wrapped up on the weekend and Cory Talks wheels out the big guns to discuss the season and Grand Finals in the AFL and NRL. I'm joined by my good friends Tracey McGee and Grant Baensch to discuss the nations two top sporting codes in a pandemic year. Guest: Grant Baensch. Co-host of Elvis Express Radio podcast. www.elvisexpressradio.net. Find Grant on Twitter, Facebook and Instagram as @grantbaensch. Guest: Tracey McGee. Creator of kibo by Tracey. www.kibobytracey.com. Find Tracey on Twitter, Instagram and Facebook as @aussiestorm65 and search for kibo by Tracey on Facebook and Instagram. Don't forget to subscribe if you haven't already and turn notifications on so you can be alerted when there's new episodes out. Cory Talks on Twitter - www.twitter.com/CoryTalksPod Cory Talks website - www.corytalks.com Cory Talks email - send via the website I source information from a variety of sources, most commonly ABC News Australia, Independent Australia and The Guardian. CORY TALKS. A PODCAST FROM CORY DIGITAL MEDIA. www.corydigitalmedia.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/corytalkspodcast/message
One of the biggest stressors for small business owners is money. Learning quickly how to handle cashflow is crucial for business owners soon after setting up their business. Getting paid on time, being responsible for employees’ incomes, or making risky financial decisions, are all common challenges for businesses. This episode talks through some of the struggles and stressors small business owners face when managing finances, how these can impact your mental health, and that it is OK to make mistakes as long as you address them early and put practices into place that mitigate risk. Australian Securities and Investment Commission: https://asic.gov.au/ Host: Leanne Berry Thanks to: Sarah Walkerden, founder of The Rural Copywriter (Previously named 'Web Copy Diva’) – and past owner of One Stop Horse Shop John Di Natale, Director of Equi Wealth Dominic Crawley, CEO of BASECON Ellen Jackson, workplace psychologist Alan Rodway, business coach Bouncing Back is produced by SoundCartel. Bouncing Back is an initiative of the Australian Government. See omnystudio.com/listener for privacy information.
View the Smart Notes for this Episode Kicking off season 2 of AEC Marketing for Principals, Marvin Woodward, the Deputy Director for the Georgia State Financing and Investment Commission, joins hosts Judy Sparks and Katie Cash to discuss how GSFIC is shifting their procurement process. The state of Georgia is actively living in the liminal space in the wake of COVID-19. The agency has adopted remote work procedures, shifted its procurement process, opting for virtual interviews to keep projects moving forward, and is looking at updating its design standards and state construction manual with new processes, procedures, and guidelines. What You Will Learn: What impact COVID-19 has had and will have on the state of Georgia’s design and construction market What GSFIC is doing to keep the procurement process moving during quarantine and beyond The importance of team dynamics in a project interview How the state is approaching construction in a low touch economy Skill sets GSFIC looks for when hiring a firm
Cynthia Dearin is the Head of Dearin & Associates, an international business consulting firm that helps clients to access opportunities in fast-growing foreign markets. Based in Sydney, Australia, the firm works with micro-to-medium sized companies to speed up and de-risk their international expansion process and help them get their products and services to the world. Cynthia is also the Founder of the International Business Accelerator, a 12-month program that she launched in 2017. With a background in International Studies, Law, Middle East Politics, and Arabic, Cynthia has over a decade of experience as an international business strategist. She speaks three different languages and has lived in France, the U.K., the U.S., North Africa, and the Middle East, as well as in her native Australia. In addition to her work at Dearin & Associates, Cynthia is an experienced keynote speaker, a podcaster, and the author of the best-selling book "Camels, Sheikhs and Billionaires: Your Guide to Business Culture in the Middle East & North Africa". She's currently working on her next book, "Business Beyond Borders: How to Take Your Company Global". Links: Dearin & Associates website Dearin & Associates blog Dearin & Associates on LinkedIn International Business Accelerator webpage Australian Trade and Investment Commission website U.S. Commercial Service website Canadian Trade Commissioner Service website Cynthia's book: “Camels, Sheikhs and Billionaires” Cynthia's podcast: “Business Beyond Borders” Cynthia's personal website Cynthia on LinkedIn Cynthia on Twitter This episode was sponsored by memoQ.
As the Australian government's trade, investment and education promotion agency, the Australian Trade and Investment Commission (Austrade) assists Australian businesses of all sizes to navigate complex overseas markets and help facilitate global export. In this episode of Defence Connect Podcast, host Phil Tarrant is joined by Roland Stephens, senior industry expert in defence, advanced manufacturing and space at Austrade, to outline the government's attitude towards defence and space exports, how he would characterise the Australian defence industry as a whole to potential investors, and the key skills required to get a business export ready. Stephens also explains why risk management is such a critical skill for SMEs in the defence sector, the classic process of entering into a new market, and the grants that are currently available to support SMEs looking to expand internationally. Enjoy the podcast, The Defence Connect team
The Australian Securities and Investment Commission has granted approval for Raiz to offer its Bitcoin investment retail fund. Raiz can now go ahead with its planned launch of the product before the end of the Q2 of 2020. Once launched, the Raiz Bitcoin investment retail fund will see 95% of customers' investments placed in ETFs & 5% in Bitcoin.
The Australian Securities and Investment Commission has granted approval for Raiz to offer its Bitcoin investment retail fund. Raiz can now go ahead with its planned launch of the product before the end of the Q2 of 2020. Once launched, the Raiz Bitcoin investment retail fund will see 95% of customers’ investments placed in ETFs & 5% in Bitcoin. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅MY WEBSITES ✅ ► https://4MinuteCrypto.com ► https://CryptoCousins.com ► https://ArlingtonCrypto.com ► https://CryptoPodcaster.com ► https://GaryLeland.com ► https://BitBlockBoom.com ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅MY CONTACT INFO ✅ ► Email me at TheCryptoCousins@gmail.com ► Message me at https://Facebook.com/msg/GaryLeland ► Leave a voice comment at 817-476-0660 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅MY SOCIAL MEDIA ✅ ► https://Twitter.com/GaryLeland ► https://Facebook.com/GaryLelands ► https://Linkedin.com/in/GaryLeland ► https://Instagram.com/Gary_Leland ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅MY AUDIO PODCASTS ✅ ► https://4MinuteCrypto.com/iTunes ► https://CryptoCousins.com/iTunes ► https://BitBlockBoom.com/Podcast ► http://RailroadedPodcast.com ► http://WhatIsBitcoinPodcast.com ► https://CryptoPodcasters.com (coming soon) ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅SHOW YOUR SUPPORT ✅ ► https://Patreon.com/CryptoCousins ► With Crypto - https://4MinuteCrypto.com/Donate ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ✅USEFUL LINKS ✅ ► Earn free Bitcoin while you shop at Lolli - https://GaryLeland.com/Lolli ► The best Bitcoin book - https://4MinuteCrypto.com/Bitcoin ► Subscribe to Alexa Flash Briefings - https://4MinuteCrypto.com/Alexa ► eToro is the place to by Bitcoin - https://etoro.tw/2AOTyEI ► Bitcoin Clothing & Gear - https://CryptoCrybaby.com ► Brave Browser - https://Brave.com/cry570 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Gary is available to keynote or emcee or present at your Bitcoin/Crypto event. Contact Gary at GaryLeland@gmail.com for additional info. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
In this episode Prof Stephen Parker talks with Dr Stephanie Fahey, the Chief Executive Officer of The Australian Trade and Investment Commission or Austrade. Austrade is the the Australian Government agency responsible for promoting trade, investment and international education, and tourism policy, programs and research. International education is now Australia’s third largest export, it employees about 240,000 people and one in 50 people in Australia is an international student. Stephen and Stephanie talk about the opportunities, risks and challenges related to international education including the its capacity to absorb growth, diversifying the range of countries where students come from and where and how they study tertiary education once in Australia.
The Australian Security and Investment Commission is looking at potentially banning OTC and CFD financial products to protect clients. An appropriate move to protect consumers or another restriction on our freedoms?
(Audio in Dinka)Deng Kur Deng is a Director and Surveyor in Jonglei State Ministry of physical infrastructure. He has served at the same role for over ten years. To understand the issue of land sale; we contacted Deng to help explain why some people felt cheated or their money taken without the land? - (Audio in Dinka)Deng Kur Deng is a Director and Surveyor in Jonglei State Ministry of physical infrastructure. He has served at the same role for over ten years. To understand the issue of land sale; we contacted Deng to help explain why some people felt cheated or their money taken without the land?
Hablamos sobre la problemática que ha surgido por el rechazo a clientes "no Australianos" por parte de la ASIC (Australian Securities and Investment Commission), haciendo que los Brokers, bajo este paraguas, migren a sus clientes a paraísos fiscales por tal de mantener el gran apalancamiento.
In episode 302, Taliessin Raeburn, the trade commissioner to Singapore with Australia Trade and Investment Commission (Austrade) discuss the landing pad program in Singapore and shared his perspectives on business entry into the highly diverse Southeast Asia market. We began with an introduction to Austrade and the landing pad programs across the world and specifically zoom into the recent interesting initiatives achieved by the Landing Pad in Singapore. We discuss how Austrade helps Australian companies and startups to expand and identify the challenges faced by companies in Southeast Asia. Here are the interesting show notes and links to the discussion (with time-stamps included): Taliessin Reaburn (LinkedIn) Trade Commissioner to Singapore with Austrade (Australia Trade and Investment Commission) [0:22] How did you start your career? [0:52] What are the most interesting life lessons which you can share with my audience? [2:34] Austrade’s the Landing Pad Program in Singapore and Perspectives on Southeast Asia [3:20] As a start, can you describe the mission and vision for the Austrade (Australia Trade and Investment Commission) and how it operates as a government agency? [3:37] What is your current role and coverage as the trade commissioner to Singapore with Austrade? [4:47] How does Austrade help businesses in Australia come to Asia? [6:13] I understand that Austrade has a program called the Landing Pad, vision to create a platform for local enterprises to collaborate with Australian startups and help them find success in the region, Can you describe the landing pad in a global scale and then specifically down in Singapore on the mandate of the landing pad? [8:18] What does success means for the Landing Pad all over the world or specifically for Singapore? [12:08] Since the launch of the landing pad in Singapore, what are the number of startups that have come here and what industry verticals they are typically in? Can you share 2 or 3 startups within the landing pad in Singapore? [14:18] The landing pad program has also aligned with Singapore’s push in cybersecurity as part of their smart nation program, how do they work? [16:31] How do you look at the Southeast Asia or ASEAN as a whole? How do you differentiate the markets for example, developed, emerging and frontier? [17:51] From a government agency’s perspective, how do you work with your startups to set them up for market entry into the region? What do you look out for from your perspective and from the company’s perspective? [20:39] What are the key challenges for startups typically going into Southeast Asia? [22:48] Closing [24:41] Can you recommend a book or anything else from movie to podcast that has recently impacted my life? [24:48] Taliessin’s recommendation: the movie “Avengers: Endgame” and a novel entitled “Walkaway” by Cory Doctorow. How do my audience find you? [25:33] Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted by Bernard Leong (@bernardleong & weibo) and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk (Twitter, Facebook, Medium). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack and this episode is both hosted and edited by Carol Yin, and co-produced by Carol Yin and Bernard Leong.
Communication about the reality of climate change is slowly being mainstreamed. Recently, the head of the Australian Security and Investment Commission advised company directors that they had to start telling investors much more about the risks of climate change in relation to their investments, otherwise a company director could personally be sued over breaching their duty of care in the future.In this interview from the Communication Mixdown back catalogue, David Holmes director of the Monash Climate Change Communication Research Hub, explains how television weather presenters can work as facilitators for the mainstreaming of climate change information.
Dr Stephanie is the CEO of Austrade, the Australian Government agency responsible for promoting trade, investment, international education and tourism policy. Austrade’s first female CEO, Stephanie was previously Lead Partner for Education, Oceania at Ernst and Young and prior to that the Deputy Vice Chancellor at Monash University in Melbourne. Listen to Stephanie's podcast to learn more about her illustrious career.
Today we start a new feature to the show – The Monthly Legal Updater. We discuss the top ten legal changes that have occurred over the last month. Can a mobile text be a Will? The Queensland Supreme Court seems to think so. After a man passed away an unsent text message was found in his mobile phone. The text was intended for the man’s brother. In it he essentially disinherits his estranged wife and leaves the bulk of his assets to his brother. The court found that this was a legal will. The East Brisbane Resumptions Residents of Brisbane’s Eastern suburb are well familiar with the nightmare that is the daily commute. Litton Road and Wyhnam Road suffer from horrible bottlenecks during the morning and afternoon commute. The council decided two years ago to expand the roads and that required the purchase of a number of properties to facilitate the expansion. Ten properties still need to be finalized with the council. Construction is slated to begin in 2018. Bankruptcy and Insolvency changes The Australian Government passed a law in September which made a small but significant change to the Bankruptcy Act. Prior to the change the director of a company could be liable for the insolvency of his firm in certain situations. The new section allows directors to avoid liability for if they make a good faith effort to right the ship. It’s called a safe harbour provision and it’s quite controversial. The government believes it will incentivize companies to take more risks to prevent bankruptcy. Others feel it will encourage company directors to gamble with creditor’s money. Plastic bag ban Residents of Queensland will soon no longer have access to plastic bags at local shops. Starting July 1st, 2018 single use plastic bags will be banned. An astonishing number of those bags end up in landfills each year. This has big implications for local business owners who will now have to come up with alternatives. Miller Murder A New Zealand man was convicted last month in the death of 18-year old Australian Cole Miller. Miller died after being punched by 23-year old Armstrong Renata in 2016. Renata only punched Miller once but that was enough to end the young man’s life. He was sentenced to seven years in jail. Data Breach Laws In the wake of massive data breach scandals like the Equifax and Ashley Madison breaches, Australian firms are now required to notify their customers if they expose their personal information. The US has had a law like this on the books for 15 years and Australia is just now catching up. The law comes into effect in February of 2018. ASIC changes for liquidators The Australian Securities and Investment Commission has introduced some peculiar new regulations for liquidators. The regulations allow liquidators to assign rights to sue. The problem is there is little clarity about how the new rules will work in practice. Australian politicians booted out Australia’s strict citizenship laws have ended the political careers of seven high profile MP’s and Senators in recent months. The Australian constitution forbids dual citizens from holding elected office. The row has already claimed the Deputy Prime Minister and a Senator. Baccarat Cheater Phil Ivey is one of the most successful professional poker players in the world. Last year he turned his attention to another card game, Baccarat. Ivey won $10 million dollars playing the game at a UK casino. The casino accused Ivey of using a technique called edge-sorting, a form of card counting, and refused to pay him. Ivey sued but last week he lost his case. The court found that what Ivey did was dishonest. Eminem copyright case New Zealand’s National Party lost a big court case to American rapper Eminem. The party was accused of using a song in one of their ads that was very similar to the hit song Lose Yourself. The company that owns the rights to Eminem’s music sued and won NZ$600,000 in court.
Doug Niven at the Australian Securities and Investment Commission talks to Claire Grayston at CPA Australia about ASIC's audit inspection findings for the 18 month period to December 2016, released in June 2017. Doug highlights ASIC's key findings on audit files and firms' quality control systems, which identifies the areas which firms can focus on in order to improve audit quality. He explains which firms are inspected, ASIC's own quality processes and how ASIC's findings are reviewed prior to release. He also identifies initiatives for firms to improve audit quality and the work being done internationally on tackling audit quality
Host: Ram Subramanian, Policy Adviser on Reporting, CPA Australia Guest: Doug Niven, Senior Executive leader, Financial Reporting and Audit, ASIC Doug Niven at the Australian Securities and Investment Commission talks to Ram Subramanian at CPA Australia about ASIC's focus areas for the financial report surveillance program for 30 June 2017 financial reports of listed entities and other entities of public interest. Doug discusses in detail the reason for ASIC's key focus areas and how companies can respond to these focus areas, which include impairment testing, revenue recognition, expense deferral, off-balance sheet arrangements, tax accounting, disclosure of estimates and accounting policies and the impact of the new accounting standards. Doug also talks about industry focusses, digital disruption, enhanced auditors reports, client monies and the operating and financial review.
Host: Claire Grayston, Policy Adviser on Audit & Assurance, CPA Australia Guest: Doug Niven, Senior Executive leader, Financial Reporting and Audit, ASIC Doug Niven at the Australian Securities and Investment Commission talks to Claire Grayston at CPA Australia about ASIC's audit inspection findings for the 18 month period to December 2016, released in June 2017. Doug highlights ASIC's key findings on audit files and firms' quality control systems, which identifies the areas which firms can focus on in order to improve audit quality. He explains which firms are inspected, ASIC's own quality processes and how ASIC's findings are reviewed prior to release. He also identifies initiatives for firms to improve audit quality and the work being done internationally on tackling audit quality.
Leon Gettler speaks to Jyoti Vij (Deputy Secretary General FICCI and Head of our Economic and Financial sectors), Ashok Lalwani (Baker McKenzie Partner and Chair of India Desk) and John Madew (Senior Trade & Investment Commissioner, Australian Trade & Investment Commission) regarding trade and investment opportunities/challenges in India.
Welcome to Golden nugget Friday episode where we will be talking about the opportunities, risks and steps involved in taking your business global. Lastly we will highlight a VERY successful private company here in Australia who expanded globally. Yes the very popular Lorna Jane… They design and manufacture activewear and sportswear for women. In 2014 Revenue recorded $166.2 Million According to the company’s report to the Australian Securities and Investment Commission. They now have 215 stores globally + stockists in 54 countries and soon to be in 100 Nordstrom locations across USA. Lorna Jane was quoted saying. “We’re going from fishing in a pond, which is basically the Australian market, to the opportunity of fishing in the ocean. We believe we can double our profits over the next three years."