Attention Central Coast - Buy Local Festival the April

Coffee Time Minutes - 9th March

Coffee Time Minutes 11.3.11

Welcome

Welcome to our new visitors.

Apologises

Dean,

Who we are?

Small and Home Business owners meeting to build relationships from other SBO’s.

What is CT?

Relatively casual meeting group, where you can network, talk about business ideas and strategies, and learn from one another.

Where?

Tuggerah’s Zenith Centre.

When?

At 10.30 am on the 2nd & 4th Wednesdays of the month. Arrival 10.25 am for 10.30 am start. (Runs for about 1 hour)

Update on our Raffle?

Coffee Time raised $168.45 this year for the Iris Foundation in 2010.

This year we will continue with our Raffles and donation to Iris Foundation. This year we will do a raffle again for the Iris Foundation. We will be looking for prizes/donations up to the value of $10. Its will be up to you if you would like to participate and none should feel obliged. Tickets will be $2 each, or three for $5.

Updated Members

We have over 105 members for Coffee Time. You can come when you are free, never feel obligated and always feel welcome. I have a list with everyone who has come along to Coffee Time; I am updating the distribution list. If you would like to be included, please check your details are correct, update where necessary and add if not on there.

There are 2 business card holders, please feel free to put your business cards in, these are passed around each meeting, and feel free to support each other and utilize their services.

Networking:
· Coffee Time 23rd March
· Coffee Time 13th April
· Coffee Time 27th April
· Wyong Chamber After Dark – 23rd March
· NSW Business Chamber – Breaki with Ita Buttrose – 25th March
· Success Women’s Networking – 5th May
· Fridays round the coast SBNG – 3rd Friday her at Zenith


Expo’s in 2011
· 29-30 Apr 2011 – Buy Local Festival – Terrigal
Over 100 people/businesses booked in to the festival already. Advertising to start next week on TV, Radio, letter box drop, B2B book, and flyers around the coast.

· 22/6/11 Central Coast Women’s Network – Mingara Tumbi Umbi

Advertising with Buy Local
· B2B – online buy local $22 per month – see B2B or www.buylocalconnect.com.au
· Book now and sign up – and you will get couple of months for free (coffee time members only)

Education:
2011 – Visit BEC upstairs or log on to www.ccbec.org.au
Courses:
· 15/3/11 – Business Planning Part A
· 22/3/11 – Business Planning Part B

Update:
B2B Book went to bed last night, and due out to 20,000 central coast businesses in the next 2 weeks. Keep an eye out for it.
Action Coach is running Business Mastery – Business Cart IV. If interested contact Michelle on 4369 3704
Nights out to meet people on the coast, for singles and couples - Hawaii 5 O Cruise – 19th of March & Dinner at the Yellow Piano 23rd of April– see Events with Pizazz

Wins:

Marama – Saved client lots of money and helped him with his business and website.
Simon – Signed off on a deal with a company and assisted them with saving 40% communications
Michelle – has contributed to a new book that has just come out.
Michelle – Picked up Work Cover Website
Sharon – signed a 6 month lease with Ettalong Markets
Kate - CC Tourism to have new residents pack, and Kate’s events will be in it.
Lyn – Won 2 tickets to the Harbour Cruise on the 19th from Events with Pizazz
Tarnia – spoke at a women’s luncheon.


Who are you & what do you do: 30 Sec story about you

Tarnia Gurney
Gurney Financial Services www.gurneyfinancialservices.com.au
Planningwerx4U www.planningwerx4u.com.au

Michelle Allen
Webstuff.biz www.webstuff.biz

Nicole Lothian
SOS Onsite Admin www.sosonsiteadmin.com.au

Karen Teunissen
CRS Australia www.crsaustralia.gov.au

Tim Close
Close Financial Group www.closefinancialgroup.com.au

Dujon Zivic
Encore 8 www.encore8.com

Dawn
Iris Foundation www.irisfoundation.org.au

Kathy Bree
Coffee News www.coffeenews.com.au

Lyn Thompson
Buy Local online/ LBH Promotions/ B2B www.b2bwithatwist.com.au

Julie McDonald
Julie Mac www.juliemacypnosos.com.au

Marama Carmichael
Essential Wellbeing www.essentialwellbeing.com.au

Kellie Targett
Insurance Advisernet ktargett@iaa.net.au

Toni Fountain
Insight Health www.insighthealthaustralia.com.au

Simon Calder
Celtic Management Solutions www.celticmanagement.net.au

Rob Buckworth
Interactive Telecoms www.interactivetelecoms.com

Jenny Abourizk:
Job Centre Australia www.jobcentreaustralia.com.au

Kate Morris
Events with Pizazz www.eventswithpizazz.com.au

Nicolette Gregory
Photographer & Independent Associate – Usana Health Sciences
onefitone@bigpond.com

Cassandra Parrish
Insight Health – Nutritionist & Wellness Coach www.cassandraraparrish.com.au

Michelle Bambridge
Action Coach www.actioncoach.com

Michelle Kavanagh
Central Coast Photo Balls www.ccballs.com.au

Bill Annesley
Central Coast Business Coaching Centre www.ccbusinesscoaching.com.au

Sharon Calder
Coop Handcrafts

Jo Thompson
Destiny By Choice www.destinybychoice.com.au


Presentation

Today’s presentation is about Social Media – By Michelle Allen of Webstuff.biz

Promotion of business through Face Book page.
Have a separate social profile
Have a business page where people can like, but make sure you have protection for your personal page
Company Pages/Business Pages
Interesting links
Interesting articles
Encourage business to business
Encourage and support businesses and charities
Promoting businesses
Sell your brand
BEC has vouchers for $20 – for a appointment with Webstuff.biz to meet with the team and discuss your Facebook/social media marketing
Work with your community
Face Book is world wide
Linked in is more for businesses and professional people
Twitter is for messages.
Add join us on twitter, Facebook or linked in on your website (good way of building your data base)
Central Coast Business Networking & We love our Central Coast Region Face Book pages – promote your businesses and meetings, like it.
Like other businesses on Face Book – helps promotion – e.g. – BEC, B2B, LBH Promotions, Gurney Financial Services
Link your business page through your personal profile
Post something every day or every week.
Twitter a message – forward to your Facebook. E.g.: Tarnia twitters a message; it goes through to Face Book, Linked in and My Space. She has different people on each of them
Make sure you have a website. Make it fresh and inviting

Today we raised $59 (included in total for year). Thanks for your support. Today’s winner was Toni Fountain, who won 1 ticket to the value of $65 for the upcoming Hawaii 5 O cruise from Kate at Events with Pizazz.

Thanks to Iris Foundation and Kathy from Coffee News who have donated a prize for the next 2 meetings. Feel free to donate a prize.

Planningwerx4u has Business Planning Cds for $50 each, if you would like one please let Tarnia know.

Michelle from Webstuff.biz has her books available - $29. Please contact her if you would like to purchase one.

Thanks and see you next time

NEXT MEETING: 23rd March 2011
Presentation – Health and Wellbeing

15 Rules for finishing off the day

15 Rules For Finishing Off The Day

1. Clear, clean-up and tidy your desk – by clearing your workspace you will enable you to start the new day with a clean slate in all respects.

2. Try to have only one working or project on your desk at any one time, ensuring you to focus your attention on that one activity.

3. Throw unnecessary paper in the bin – get in the habit of removing rubbish and unwanted paper from your desk each day. This will also assist your ‘clear desk policy’ if that works for you.

4. Put files away each day – keep files off your desk unless you are working on them. It is not good for office security to have valuable company information available to anyone who might wander past your desk. Place them in locked cabinets or drawers.

5. Adjust your priority on tasks for the next day. What may have been B minus today can become A double plus tomorrow

6. Check the time of your first appointment the next day – if you know what your first commitment for the day will be, you can plan the rest of the day around it. It also allows you to book travel time to that appointment and any preparation you may need to do beforehand.

7. Start your “to do” list for the next day – carry over important tasks form your current day’s list, add new tasks for the following day and your planning will save you a few minutes the next morning.

8. Put your reading file in your briefcase – start a reading file and carry it with you to read on your way home on public transport or while you are in a queue – you can get through your reading easily if you carry it with you and make the most of each opportunity,

9. Wash your coffee cup or empty your water bottle – start each day afresh by cleaning up the night before.

10. Switch your phone on voicemail if appropriate – if you are not going to be in the office until later the next morning, this will allow any early morning callers to leave you a message.

11. You may like to change your voicemail message if you are not going to be in the office the next day to advise callers where they could reach you or an alternative number.

12. Get those final email messages and memos out tonight, not tomorrow. Rule number one of business momentum is to have other people busy for you, not the other way around

13. Switch off your computer, screen and printer – be environmentally friendly and save power and money where you can.

14. Remind yourself of your achievements of the day – take a minute to remind yourself of what you achieved in your day. You may like to record it in a journal or diary. Celebrate your success

15. When you switch off, switch off! Let go and go home

Thanks to Jim Prigg and the team at the Financial Services Sales Academy www.financialservicessalesacademy.com.au.

GFS - Helpful tips to reduce your debt, & manage your finances

Gurney Financial Services
Helpful Tips to reduce your Debt, Get out of Debt and Manage your Finances and Family Better.

Work out how much debt you have?
How much owes on the mortgage, credit cards, personal loans, car loans.
Set some goals to pay them off.
What are the minimum payments per month on the loans?
Can you pay extra?
How much can you save per week?

Work out how much to pay each week.
Example is, if the monthly mortgage is $2,578 or $30,940 per year, work it out weekly. That means that the payment weekly is $595 per week, but if you can pay back $600 per week, which is an extra $5/week, you can possibly reduce your mortgage by 3 – 5 years.

Did you know making weekly payments is better than monthly payments as it can reduce the interest each month?

Try and Save 10% of your wage each week, even if it is $20 or $50. Put into a savings plan eg: ING, Bank West, etc, savings account where you have it deducted each week from your normal account and cannot deduct anything unless you ring up or transfer via the internet. This helps you build your wealth. Also it has compounding interest, usually paying daily.

Track your spending, and find extra money to pay down the loans and debts. Write a list for a week of where you are spending money.
Example - $150 on food at Coles, $60 on petrol, $13 on Magazines, $80 on Cigarettes, $80 on Restaurant, $20 McDonalds, $100 on Sport. Then at the end of the week, work out what was necessary. Are you spending your food money on Junk foods or take away meals?

Did you know buying items on special or it bulk can save $100’s of dollars a year?
Example: Go to the butchers and buy 2 kilos of mince or chicken when on special, and throw into the freezer to use when needed. Go to your local fruit and veg shop where you know the fruit is fresher and lasts longer than at the supermarkets. Watch for specials, 2 for one, buy 6 for $2. But make sure they are items you will use and will save you money. There is no use buying 10 cans of Spaghetti for $4.00 if the family wont it spaghetti.

Write a shopping list for when going shopping. Do not impulse buy?
If you take a list, you will be more conscience of keeping to the list. If you cannot afford it – YOU CANNOT HAVE IT!

Learn how to play the credit card game. Always pay the minimum payments so that you do not get caught up with the debtor. Making sure you pay on or before the due date to stop late fees, and try not to over draw your credit cards.

Credit Cards – before you buy something, ask your self, do I need this. Can I afford to pay the $20 interest per month for the next 12 months for an item worth $50 now? Why not put it on lay-by and save up all that extra non essential spending each week and pay it off.

Christmas and Birthdays – go to the sales, put items on lay-by and pay off. July and January have the sales. Put items on lay-by, even if it is for the birthday 5 months later. Once you have paid it off, then you can put it away till you need to give it.

Did you know that if you pay $10/day off your loans or credit cards, then you can pay off your debt quicker? By saving the $10 a day on lunch or coffees and if you put this money aside, then you can make extra payments to your debts.

Spend time with family and friends: Go for a picnic or go to the local park with the kids. Spending time with family and friends can be worth more than money can buy and it can be cheaper than going to the movies. Take the kids to the Skate Park and take a drink and food with you, the kids will love it as you are doing something with them, honestly they don’t need everything bought for them, just you.

Kids Weekend Sport – take drinks and snacks, most parents are spending between $5 and $50 per weekend at the kids sporting games. As a treat support the local sausage sizzle, but don’t buy every week. (you can always buy a box of soft drink from the supermarket when on special and then take it with you – the kids wont mind)

Pocket Money - Teach your children to respect money and YOU. Times are hard, families are struggling, but if you teach your children to earn their pocket money rather than hand it out anytime, they will respect it more and you. Children these days understand more with what is going on with family debt and finances, and probably more than you realise. So sit down and explain to them, they cannot have the new play station game or Barbie doll this week. But maybe they can help around the house and earn some pocket money. Even if it is $1 a week, give them a list of chores they can do, like making their beds, and tidying their room, setting the table. This will help and teach children to respect their belongings, themselves and others. They will have an appreciation of things better if they save up and buy it themselves than giving it to them. We all want to give everything, but we have to realise we cannot.

Petrol – try to buy on Tuesday or Wednesday mornings. It is not only cheaper on these days; you get more petrol into your tanks due to it being colder in the mornings.

Expenses to Consider for Family and Business Insurance & Financial Planning

Expenses to consider for Family and Business Insurance and Financial Planning


When considering insurances you need to look at a variety of information and expense. It is not only paying the mortgage but buying the food, kids sport, etc. So when thinking of which expenses to cover, remember everything you can to help you more.

Some examples are:
Repaying debts:
Credit cards,
Personal loans,
Mortgages,
Business loans,
Family loans

As well as:
Cost of Weekly food and petrol
Monthly Bills – rates, electricity, insurances
Kids schooling – sport, uniforms, excursions, shoes.

Other considerations are:
Any capital gains tax or personal taxes due
Funeral Expenses:
Church/parish/cemetery
Costs related to burial,
WAKE - get together afterwards

Emergency 50% of annual income to cover expenses

Children’s education

Some thoughts can also be towards about 10 x annual salary – which is income for about 10 years.

Letter to my local member in relation to commissions

Hi David,

I hope you are well.

As you are my local member I thought you might be interested in this article and might be able to assist or put through to someone who is making the decisions for this.

If the government gets rid of all commissions and adviser fees and puts in place all the proposed changes, then Australia will see many financial planners will be leaving the industry as they won’t be making any money for their services. That means there could be up to 14,000 private advisers (not including the bank advisers) in our country looking for work, including their staff of lets say 2 per adviser of about 28,000. That’s a lot of people out of work if they have to close businesses.

Another point, Financial Planners will just have to charge an hourly rate for advice, my rate is $177/ hr, others are higher, so many consumers will not be able to afford the majority of financial planning services, and will do it themselves, pushing them into misinformed decisions.

Even with the governments My Super, as well as the industry funds and any retail fund, consumers still need to get advice from somewhere and they still have to pay for this advice. As it is not allowed to be provided due to Financial Planning laws by superannuation companies or industry funds.

I agree with the revamp of the financial planning industry to protect consumers, but what about financial planners, who is protecting them. Financial Planners spent many years and spend thousands of dollars studying to help others, they have small businesses, they support the local community, and they have loyal and supportive clients. What about the financial planner’s livelihood? A lot of advisers have moved to the adviser fee base, rather than the commission based system. However this is going to put a lot of strain on advisers and their businesses, with the proposed changes.

For example, I like may other advisers rebate all super and investment commissions and just charge an adviser fee, this is payable from the super fund to the adviser each month. These fees cover my costs, my emails, mail outs, reviews, appointments, seminars, my staff & their taxes and their super, education for clients, business expenses. If the government and the revamp committee have their way, and they push through a opt in and out adviser fee clause. It will be a huge problem. This clause means that each client will have to sign a new form each year to say yes they want a fee and assistance. What happens when clients decide they don’t want to pay but want the services? Who pays then? The government? I don’t think so.

I know you’re not the person to have a whine to, but I would appreciate if you can escalate this email to others who are not in my industry but are making decisions for me.

Maybe if instead of the Government and the Committee pushing the Cooper and Henry report and the government supporting everything in it, maybe they can look at the big picture and explain to consumers what these changes mean and why. Financial planners have a hard enough time dealing with the controversy the Industry funds put out there, and now we have this to explain and decipher.

One thought I have is, the Government employees – PM’s, MP’s, Party people (Lib & Lab), etc have a great superannuation benefits, and have large pensions and yes they may pay for some advice, so why are they being more supportive of UNION Based INDUSTRY funds, and Changes to financial advice and not being supportive of retail funds or Financial Planners.

AS FOR THE ARTICLE:

You will all find this article prepared by Zurich very interesting reading and puts an alternate view to the many being espoused by certain associations, vested interests, union controlled industry super funds and media commentators.

There is absolutely no doubt in my mind that you would get the same result about financial planning and investment consumers if the questions were put to them in the same unbiased way.

The problem we face is our destiny is being shaped by non advisers and people who do not actually work in our business and with our clients on a day to day basis. Consumers want commissions so what is driving the pressure for change.

Loss of a commission option for consumers is a loss of their given democratic right and the loss off or restriction on choice always means they will pay a higher cost. Pity that doesn’t seem to mean anything to some people who are not directly impacted.

Regards Tarnia

Gurney Financial Services 5th Birthday Celebrations & Seminar

Gurney Financial Services 5th Birthday and Seminar

Welcome to Gurney Financial Services 5th Birthday and Celebrations. I would like to thank you all for coming along tonight.

I have been in the finance & financial planning industry since 1995, working 8.5yrs for MLC, and then I went to work for a financial planner before starting my own business. When he downsized, I then worked for various other financial planning businesses on the Central Coast and Newcastle whilst I built my business

5 years ago when I started my business, I thought what I could do to help others in my community. Gurney Financial Services prides itself on assisting families with budgeting, debt management, superannuation consolidation and management and the implementation of insurances to protect the family, income and lifestyle.

We started in 2005 and in our first year we had 6 clients, we now have around 85 clients and managing about $2 million in super for those clients. We are also working with approximately 50 prospective clients assisting them in budgeting and sorting out their financial affairs.

We have set up the GFS website and a blog for out clients and potential clients to visit for any further information. There is a lot of free information on there for you to download, so feel free to have a look.

At GFS our clients get the same quality and professional service whether you have a $1 or $200,000, and we pride ourselves on being able to do this. No one gets lesser service, everyone is equal, and no one is discriminated.

In 2008, we brought in our Annual Service Agreement, where each client is offered an annual face to face review to revisit their financial situation and goals. If you have not taken up the opportunity to have an annual review, please feel free to contact our office to organise an appointment at a suitable time, or see me tonight.

Tonight, we have 3 presentations and I would like to personally thank them each and individually for coming along to talk to you all.

The first presentation is from Lyndall James from ING, she will be presenting on “An Economic Update”.

Our Second presentation is from Michael Bonnet from MLC, he will be presenting on “Protecting your Family”.

And our last presentation is from Brett O’Malley from Macquarie Private Wealth and he will be presenting on “Share Investing”.

We also have two of team here tonight – Natalie and Nicole, and I would like to personally thank them for their support to GFS.

Dean Brown is also here from Woodview Homeloans and Finance. Dean is the preferred mortgage broker for our clients. We now have a referral system in place where both Dean’s and my clients receive a complimentary appointment.

Again, I would like to thank you all for coming along tonight. Please help yourself to drinks and food.

Lyndall James - ING Presentation
Economic & Asset Update – August 2010

Global Overview:
• We saw global economic uncertainty continue in July, with:
• Disappointing data out of the US.
• Further signs of a Chinese economic slowdown.
• Lingering concerns over government debt levels and the need for major developed countries to significantly wind back budget deficit and debt positions.
• Forecasts cut for global growth, mainly driven by a somewhat more lacklustre US economy.
• On the upside we were surprised by some economic data out of Europe.
• We saw a positive start to the new financial year, with share markets gaining ground as confidence returned, albeit cautiously.

USA:
• Recent data has shown the economy to be weaker than the consensus was previously expecting. In particular - housing, employment and inflation numbers.
• Housing recovery appears to be easing early – sales are at their weakest since March but are still running faster than one year ago, up nearly 10%.
• Employment levels across the country have declined sharply since May – much of this weakness appears to relate to the discharge of temporary census workers.
• The Conference Board Index of leading economic indicators fell by 0.2% in June – suggesting the pace of the US economic recovery will slow in the coming months.
• Await release on Friday of the second estimate of June Qtr GDP growth

Australia:
• In Australia the key piece of economic data released was Quarter 2 CPI.
• Inflation rose by just 0.6% in the June quarter, well short of consensus (+1.0%) this is in line with RBA’s target rate
• RBA has left interest rates unchanged for 3 consecutive months (4.5% May)
• Tighter interest rates have dampened consumer spending over recent months - Retail sales advanced just 0.2% month-on -month following a similar gain in May.
• Building approvals fell 3.3% in June. Annual growth has now decelerated sharply to 13.2% down from more than 50% earlier this year.
• Money tightening, end of first home buyer subsidy
• Unemployment rate lower
• Hung parliament – Coalition – 3 independents are conservative, mining tax, business sector

Europe:
• Eurozone economy has weakened – GDP expanded only 0.2% in Quarter 1, 2010.
• Economic data out of Germany has surprised - exports have risen 29.2% over the past 12 months, unemployment has fallen for 13 consecutive months and industrial production has risen 12.4% on an annual basis.
• A weaker Euro continues support the region.
• Results from the stress tests conducted by the European Central Bank (ECB) on the region’s banks to measure the banks ability to withstand any further significant economic or market shock helped calm markets over July - only seven of the 91 EU banks failed the stress test, with one German, one Greek and five Spanish banks.
• Unemployment rate now at 10% - highest since late 1990s.
• Inflation has eased rapidly – economic growth stagnant.
• Banking system is weak – high debt and rising defaults.
• P.I.I.G.S. (Portugal, Italy, Ireland, Greece, Spain)
• US $1.3 trillion of debt
• Highly risky if contagion occurs
• Will drag on European economy for many years.

China:
• China’s manufacturing grew at the slowest pace in 17 months in July.
• The government clamped down on property speculation and investment in energy -intensive and polluting factories.
• The Purchasing Managers’ Index fell to 51.2 from 52.1 in June, the Federation of Logistics and Purchasing reported.
• A slowdown in industrial production led to the overall Gross Domestic Product (GDP) measure of growth easing to 10.3% for the June quarter.
• The rate of inflation also moved lower, with the Consumer Price Index (CPI) rising by 2.9% over the year to June, down from 3.1% in May.

Interest Rates:
• Interest rate movements in the major global economies were unchanged in July.
• The Reserve Bank of Australia left the official cash rate on hold at 4.5% in early August for the third consecutive month and issued a very neutral statement signalling rates could be on hold over coming months.

Important information:
The information contained in this presentation is current as at August 2010 but may be subject to change. It is for the use of advisers only and may only be reproduced with the prior written consent of the issuer. It is intended to be general advice only and has been prepared without taking into account a potential investor's objectives, financial situation and needs. The presentation has been produced by ING Australia Limited (ABN 60 000 000 779) and does not represent a recommendation or opinion by the ING Group to purchase, hold or vary any financial product. Performance figures in this presentation may have been calculated before fees and taxes. ING Australia Limited does not guarantee the repayment of capital or investment performance and potential investors must always read the current Product Disclosure Statement (PDS) for the relevant financial product and must consult with a financial adviser before making any investment decision. Past performance is not indicative of future performance. From May 2002 until late November 2009, ING Australia operated as a joint venture between the global ING Group (ING) and Australia and New Zealand Banking Group Limited (‘ANZ’). ING Australia is now wholly owned by ANZ but has a licence from ING to continue using the ING brand while it transitions to a new brand – expected to be by late 2010.



Michael Bonnet – MLC Insurance
Streetwise Insurance Solutions

- MLC provides Insurance for families and individuals.
- You can have insurances within and outside super.

- Life Cover
+ Guaranteed Insurability
+ Accident Benefit

- Total & Permanent Disability
+ Optional Total and Permanent Disablement protects you when your income dies, but you don’t
+ Buy back options

-Trauma
+Protection against a critical illness – such as stroke, heart attack, liver replacement, cancer. See PDS for conditions covered.

- Income Protection
+Covers up to 75% of your income/salary
+ Sickness, accident or injury

- What is Wealth Creation?
>Family business
>Commodities
>Bonds
>Shares
>Property
>Investment policies
>Low risk investments

- What is Wealth Protection?
>Health Cover
>Salary Protection
>Car Insurance
>House & Contents Insurance
>Business Protection
>Savings Accounts
>Family Protection
>Emergency funds
>Long term savings – Superannuation

- Home Fires –
+ For every home lost to fire
+ There is 3 homes lost through death
+ And 48 homes lost through disablement


Would you like your children to go out to work for you to pay the bills, the mortgage? Or would you rather have them study and get the best out of life.

- Salary Protection – also known as Income Protection or Salary Continuance
+ Many people insure these assets, yet, all too often they don’t adequately protect what is potentially their greatest asset – their ability to earn an income.
+ Take a moment to consider what could happen to your lifestyle if you were unable to work for an extended period due to illness or injury.
+ Your expenses could quickly run down your savings. You may even need to sell your investments to make ends meet.
+ By taking out income protection insurance you can protect your greatest asset and avoid putting your family’s lifestyle at risk.
+ If you suffer an illness or injury and are unable to work, income protection insurance can pay you a monthly benefit (usually 75% of your pre-tax income) to replace lost earnings. You can generally claim these premiums as a tax deduction.
+ You can choose a range of benefit payment periods, with maximum cover usually up to age 65.
+ You can also choose a range of waiting periods normally between 14 days and 2 years.
+ You can also have insurance linked through your superannuation to save you extra premiums

If you didn’t have an income how would you pay your bills (mortgage, schooling, rates, electricity, food)
>Sick leave with work
>Holiday pay at work
>Workers compensation – waiting times for payouts and sometimes part payments
>Centrelink benefits – sickness benefits – if approved.
>Selling personal items – jewelry, furniture, garage sales.


· One in three Australians are at risk of becoming disabled for more than 3 months before turning 65. 1

· Australian insurers paid $697,677,939 in Income Protection claims in 2008.2

· In the 12 months up to 31 March 2008, MLC paid more than $49.4 million to Income Protection policy holders alone!

- Best Doctors

+ Founded in 1989 by Harvard Medical School Professors
+ 20 Years Operational Experience
+ 160 employees in 10 countries
+ Global database of over 50,000 doctors
+ 300 corporate clients covering more than 15 million customers in 30 countries
+ Over 50,000, peer nominated, leading specialists world-wide
+ Top 3-5% of doctors in any country
+ 40 specialities, covering over 400 subspecialties
+ Doctors are re-polled every two years and ongoing quality assessment
+ This is the only service like this in Australia!

Available to you and your family IF you have a current MLC Trauma/Critical Illness policy
For more information please contact your financial planner or have a look at the MLC website - http://www.mlc.com.au/

Important Disclaimer
This presentation is intended to provide general information only and has been prepared by MLC Limited ABN 90 000 000 402 AFSL 230694, MLC Investments Limited ABN 30 002 641 661 AFSL 230705 and MLC Nominees Pty Limited ABN 93 002 814 959 AFSL 230702 and National Australia Bank ABN 93 002 814 959 AFSL 230686 without taking into account any particular persons objectives, financial situation or needs. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain financial advice specific to their situation before making any financial investment or insurance decision. MLC Limited, MLC Investments Limited, MLC Nominees Pty Limited, 105-153 Miller Street, North Sydney NSW 2060, is a member of the National group of companies. MLC Limited is the issuer of the MLC MasterKey Annuity,MLC Personal Protection Portfolio and MLC MasterKey Protection Essentials.MLC Investment Limited is the issuer of each the MLC MasterKey Unit Trust and MLC MasterKey Cash Management Trust. MLC Nominees is the issuer of each MLC MasterKey Superannuation, MLC MasterKey Business Super, MLC MasterKey Allocated Pension, MLC MasterKey Term Allocated Pension, MLC Life Cover Super MLC MasterKey Protection Essentials Super. National margin Lending is a facility provided by the National Australia Bank. Information about in each of these products is contained in the current relevant Product Disclosure Statement (‘PDS’) or other disclosure document for each product, copies of which are available upon request by phoning the MasterKey Service Centre on 1800 029 799 or on our website at mlc.com.au. None of the MasterKey products or services represents a deposit or liability of the National Australia Bank and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. National Australia Bank does not guarantee the capital value or performance of any MasterKey product or service.



Brett O’Malley - Macquarie Private Investing
Investing in Shares

+ Macquarie Private Wealth assists clients with information and assistance in purchasing and managing a portfolio of shares.
+ MPW – provide financial advice to clients who are looking to purchase shares.
+ Provide daily updates and outlooks on markets, performance, shares to buy, sell and trade.
+ They have a qualified research team behind them to provide quality advice.
+ Brett is a Private Client Adviser and is ASX Accredited Derivatives Adviser (Level Two)
+ MPW are about Finding appropriate solutions to help clients create and manage wealth is how Macquarie's advisers have built their reputation.
+ Through Brett you can access the resources of the Macquarie Group.
+ Brett can be your central point of contact for investment opportunities to help grow your portfolio.
+ A world of opportunities, whether you're looking for personal advice on listed securities assistance with asset allocation, portfolio construction and investment selection, overall investment planning or trade execution, Brett can help you achieve your goals.
+ Access to market leading research, Brett excels in providing his clients with insightful and up-to-date information working very closely with Macquarie's highly skilled research team to guide recommendations on potential investments. Brett also has direct access to strategic wealth managers to help select appropriate investment structures for your personal or superannuation investments.
+ Experience Brett has more than12 years of experience as an investment adviser. His knowledge spans a diverse array of portfolios including, income and growth focused strategies for investments within personal, superannuation and pension funds. He can also help you identify and implement investment strategies including where appropriate:
Providing you with access to IPOs and Macquarie sponsored stock placements; Gearing to potentially increase returns; Alternative asset classes to diversify your portfolio; Capital protected investments to protect your wealth; and warrants and Exchange Traded Options to achieve income and potentially minimize the impact of market volatility on your holdings.
+ Brett can help with administration, coordination and management of your portfolios to help you be in a position to take advantage of movements in the financial markets.


Contact Brett on:
Tel (02) 9425 6028
Mobile 0414721 900
Email Brett.OMalley@macquarie.com

The information contained in this email is confidential. If you are not the intended recipient, you may not disclose or use the information in this email in any way and should destroy any copies. Macquarie does not guarantee the integrity of any emails or attached files. The views or opinions expressed are the author's own and may not reflect the views or opinions of Macquarie.

Disclaimer
Gurney Financial Services (ABN 85 296 598 954) is an Authorized Representative of Sentry Financial Planning AFSL (247 105) ABN74 099 029 526. Gurney Financial Services Financial Planning Licence 292206. We have not taken into account any particular persons objectives, financial situation or needs. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation and needs. We recommend investors obtain financial advice specific to their situation before making any financial investment or insurance decision.

This information contains confidential and privileged information intended only for the use of the above named recipient. Any other recipient is requested to notify us immediately by telephone so that arrangements can be made for the return of the transmission to us. That privilege will not be waived, lost or destroyed by reason of a mistaken transmission.