your partner in business health and personal wealth

We wish you a happy start to 2014 and welcome you to our January e-Bulletin

In this issue ...



2014 – A SUPER year!

Make this the year you get your superannuation in top shape:
If you would like to learn how to manage your own super, contact our SuperCentre for a complete solution.

You will have:

- professional support
- total control
- peace of mind

Secure your future and call SuperCentre today.

Phone 5144 4566 for an appointment.


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Evolution of the retail store

Retail trading figures over the Christmas period were a mixed bag – online trading is implicated as the main cause of weakness in retail trade and it begs the question, have bricks and mortar retail shops had their day? You might be tempted to agree, but dig more deeply into the psychology of shopping and there is hope for retailers.


In a very short space of time, the online shopping phenomenon has become commonplace for retailers of all shapes and sizes. Very few however have completely replaced their physical presence with a virtual store. The shopping experience, ability to look at, try and touch a product are all key reasons why online shopping hasn't completely taken over. Many shoppers also need advice on options with products and even getting a clue as to what they are looking for.

The danger for retailers is that they become a testing facility for online retail – check it out, get the size right, understand the product and then go online to get the best price. If you don't also own the online channel then you will be missing out on revenue.

So what is the solution? If you are in retail, then you have no choice but to evolve. Provide your customer with more incentive or reason to visit your shop and make a purchase. Demonstrate your expertise, aftersales service, commitment to finding the right solution - differentiate from the online store that is only about shipping a product. It may not be easy, but there is no doubt that you can increase sales by trying something new – it is unlikely that you will increase sales by doing nothing.

In the next eBulletin we will explore further strategies for evolving your retail business.


Talking to one of our advisers is a great place to start when evaluating your products or services.

Please don't hesitate to call Accounting Adviser Glenn Ingram on 03 5144 4566.

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Personal Property Securities Register (PPSR) transitional period ends 30 January 2014

The Personal Property Securities Register (PPSR) went live in January 2012. The register brings together all information previously on State, Territory and Commonwealth registers into one national system, allowing secured parties, buyers and other interested parties to find out if a security interest is registered over most types of personal property.

The  Personal Property Securities Act (PPSA) created a two-year transitional period to provide temporary protection for security interests created before 30 January 2012. 
This period of protection will end on 30 January 2014.

The transitional period was to allow time to properly protect your transitional security interests; in many instances, this means registering those interests on the PPSR. A transitional security interest (TSI) is an interest in personal property that, essentially, secures payment or performance of an obligation that existed prior to 30 January 2012.

TSIs also include security interests that didn't exist at 30 January 2012, but were created under a security agreement that existed prior to 30 January 2012 and continued to exist after that time.

When the transitional period ends, all of the provisions of the PPSA (including the priority, extinguishment, enforcement and insolvency rules) will apply to your transitional security interests. If those interests are not registered, you risk:

  • your security interests ranking behind another creditor even though your interest was created first
  • your security interest transferring to the person or entity who granted you the interest if they become insolvent. If this happens, you will only have rights as an unsecured creditor.

With only days remaining before the Personal Property Securities Act's transitional provisions end, you should ensure that any security interests you have been granted that were created before 30 January 2012 are properly protected on the PPSR.

For full details, visit the PPSR website at:


Useful PPSR links

Search the PPS register:

Create a registration:

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Grow Your Business Program

Grow Your Business is a business improvement program that provides grants for businesses to engage the services of an independent specialist

The Grow Your Business program assists established businesses to grow by:

  • increasing productivity and lifting competitiveness
  • exploring new export opportunities
  • increasing investment in research and innovation
  • attracting investment and venture capital
  • pursuing environmentally sustainable practices
  • considering new marketing and promotion opportunities

Assistance available

These are some of the grants available through the program:

For complete details, visit the website at:


Business Victoria is a useful resource for people starting or contemplating starting a business.

It provides information about starting, and developing your business including exporting, employing and managing staff.

Visit the Business Victoria website at:
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Australia's new bullying laws: what you need to know

A word from David Bates, our specialist employee relations partner

Australia's new, national bullying laws took effect for most businesses on 1 January. Here's an important summary of what you need to know.

1. The new laws

The Fair Work Act 2009 now includes new protections against workplace bullying that will revolutionise the handling of bullying-related claims ...

The new bullying laws will allow many employees to lodge their bullying-related complaints directly with the national workplace relations tribunal, the Fair Work Commission ... Read more

2. What is bullying?

The most important thing you can do to protect your business from expensive and time-consuming claims is to clearly and confidently understand what is – and isn't – bullying ... Read more

3. Steps you should take now

There are some simple steps you can take to protect yourself from bullying-related complaints being lodged against you directly with the FWC ...

Read the full article here.



To find out more about Workforce Guardian, jump onto their website - Workforce Guardian offers subscriptions to access expert advice and resources:

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Rise of the drones

Our market analyst Fred Strauss takes a closer look at developing technologies that demonstrate how the USA continues to take military technology into more mainstream applications.

Call them what you like – flying robots, unmanned aircraft, or drones – vehicles such as this 2-kilogram Indago quadrotor are changing the skies over America.

Today's drone users are increasingly regular people ... Some of these new users are farmers, who early on spotted that drones were a great way to perform crop surveys and field analysis. Unlike satellites, which fly above the clouds and are too expensive to target on demand, farm drones can automatically survey crops every morning.

Architects and real estate agents use drones to scan buildings, sending them on automatic spirals around the scene to stitch hundreds of pictures into high-resolution 3D maps.

One way or another, the future of aviation is unmanned – the only question is where and how soon.

For the full story,
click here.



Fred Strauss is an independent and highly regarded investment expert, and is part of our investment committee.

Fred keeps a close eye on international markets, and USA in particular.

If you would like to get more of Fred's insights or to discuss your individual investment strategy, contact our financial advisors on 03 5144 5207.
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And finally, a word from the editor ...

Up and away into a new year - we wish you all the very best of business health and personal wealth in 2014 and look forward to bringing you more articles and tid bits from our specialists each month.


Kurt Best
General Manager


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