Peregian Springs News Inform know grow Volume 2. Issue 7
April 2017
HAPPY EASTER! EASTER. For some it is a spiritual time of year (see church services, p26), for others it is a long weekend. Whichever way we celebrate, it’s also a time when
plenty of people hit the roads. As the police say, be safe out there, be patient in the traffic and be sure to Drive to Survive.
Special levy fears for AGM KEY members of the subsidiary body corporates representing residents in the Ridges fear increased body corporate fees are only a matter of time if the Principal Body Corporate is to be able to continue meeting its administrative outgoings. With the next AGM of the Ridges Principal Body Corporate to be held at The Rec Club from 10am on April 21, the subsidiary body corporate leaders have highlighted the fact the PBC has reported an administrative fund deficit of around $350,000 for the 2016/2017 reporting period which they say could only be filled by increasing the body
corporate charges for each of the 1000 lots in Ridges by $350 a year. “If the PBC had to pay all its bills today, it would be $350k short,” said The Ridge Subsidiary body corporate chairman Brett Sanders. “In two short years, this Aveo controlled body corporate has made it (the PBC) insolvent,” Mr Sanders said. PBC Secretary Troy Thompson said the PBC budget predicted a positive result for the 2017/2018 financial year. “The projection for the coming year is that the PBC will run at a surplus of $59,073.78,” he said. Story continued, page 4
Peregian Springs News, April 2017
From the Ed’s desk Great turn out at The Pool Cafe last Thursday for the first internet and phone grass roots community Q & A session hosted by Federal Member for Fairfax Ted O’Brien. Around 40 people came to voice concerns and seek answers about waiting for line connections, design and plans for NBN, customer service, congestion, internet speed and mobile reception— especially around Yarran Rd and Dunes Court. Telstra’s May Boisen and Sarah KennyBrand visited Peregian Springs especially to hear residents’ feelings, thoughts and challenges around telecommunications and feed them back to their CEO. May listened to everyone’s queries, included submitted questions and offered frank answers in plain language while people’s names and details were taken by Sarah so their issues could be investigated. May admitted Telstra had “plodded along as a business” and had not done customer service as well as it could have, but said they were changing and the opportunity to meet with people at community forums such as the Peregian Springs event was useful in guiding that change. Well done to the Telstra team for the proactive approach. There may be more forums to come with NBN or other providers as guest speakers so stay tuned. A couple of key points from the day: • Customers have 18 months to change to NBN which includes phone lines, internet, medical alerts and alarms; • Telstra Velocity customers in Ridges won’t get NBN until around the year 2020—until then they have one provider to choose from—Telstra. For more on this event see www.peregianspringsnews.com.au I hope you have a restful and renewing Easter this weekend. Until next time—Rebecca peregianspringsnews@gmail.com 2
Body Corp laws in focus QUEENSLAND University of Technology has been commissioned by the State Government to review current Body Corporate laws. The review will be held in several stages, one of which involves body corporate by-laws, debt recovery and scheme termination. QUT released a report with 29 recommendations on these three issues and public consultation is now being sought. Recommendations include having body corporate bylaws for a greater part of prepurchase disclosure in property transactions and having unpaid body corporate fees for a charge on the residential lot the debt is attached to. State Member for Noosa Glen Elmes said a copy of the report can be viewed at the community consultation tab on the www.justice.qld.gov.au website. Submissions close on May 17 and comments can be provided to QUT at qutreviewbccm@justice.qld.gov.au
Par Bar opens its doors SEEMS it’s all happening at the Golf Course at the moment! New Head of Coaching to help you get in the swing, junior talent making it to State teams and now, a new meeting place and everyone is welcome! The Par Bar is now open at Peregian Golf Course from 11am onwards, 7 days. Featuring 4 HD flat screen TVs , including a 65inch screen, with Foxtel sports. Peregian Golf invites everyone to come hit a bucket of balls or have a round of golf, get some coaching and stay on to get their sports fix or to just come up and enjoy a social drink or coffee or two.
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Local News
PSRA tackles top topics PEREGIAN Springs residents have the chance to bring their ideas and concerns to the attention of local Council and Government officials by adding them to a list being compiled by the Peregian Springs Resident’s Association. The PSRA already has already shared a number of issues with Councillor Stephen Robinson who attended as a guest at the recent PSRA Management Committee meeting. The topics already discussed on that day were: • The Balgownie Drive DA progress (see page 6 for a story on this) • The Multi-purpose Youth Play Space • Traffic/parking problems
• Duplex/dual key allotments • A possible Peregian Springs Community Centre • Sun shelter for The Avenue dog park • Replacement of shade sail over play equipment in Duck Pond park • Planning Scheme amendments • Bus services in/out of our suburb • Council allocation of funds towards discounts on pensioner health and fitness programs PSRA Secretary Greg Smith said he felt it was a “very positive” meeting and he looked forward to reporting progress to PSRA members and the community. If you have any fresh topics to add to the agenda email psra@iinet.net.au
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Local News: PBC AGM—April 21, 10am FROM PAGE 1: For Ridges lot owners, the PBC is important as it collects the body corporate fees each owner pays and divides them into two accounts, an administrative fund and a sinking fund. The Administrative fund pays for the day to day running of the Ridges, such as payment of landscaping and security contractors, and payment for lot owners’ access to the Rec Club space. The Sinking Fund is a savings account designed to provide enough cash for major capital works on the estate in the future. Mr Sanders, East Village Ridges SBC chairman Roger Cook and SE Village lot owner Noel Loaney believe the PBC must tell lot owners at the AGM why the Administrative Fund has been allowed to show a deficit and what the PBC intends to do about it. They point to Section 141 of the Body Corporate and Community Management (Standard Module) Regulation of 2008 which states at 141 (2) that: “if a liability arises for which no provision has been made in the budget, the body corporate must by ordinary resolution: (a) fix a special contribution to be levied on the owner of each lot towards the liability, and; (b) decide the number of instalments in which the contribution is to be paid, and; (c) fix the date on or before which payment of each instalment is required. Mr Sanders said he was surprised to see no mention of this sort of plan on the agenda for the AGM and that he could not understand how the PBC committee had proposed a budget for 2017/18 that, while predicting an operational surplus, still left the administrative fund with a budgeted deficit of $291k at the end of the year. 4
BODY CORPORATE BASICS • The administrative fund is for day to day upkeep of the scheme and will cover everything from replacement of light bulbs….to payment of contractors.
• The sinking fund is a type of savings fund. A sinking fund levy is issued every year to accumulate funds for major works at some date in the future. Source: Lisa Rutland ,”The Basics of Body Corporates: What every owner should know about their Investment”, ebook page 10, 2014, http:// www.MyBody CorpReport.com.au
He said the biggest contribution to the current budget deficit related to charges to the PBC by Aveo for use of the recreation club facilities by Ridges lot owners and questioned whether the Budget had been approved on the basis of some sort of agreement between the PBC and Aveo that may cover the shortfall. Mr Sanders said if such an agreement existed, it should be tabled to provide clarity on the Budget and transparency to lot owners as to how the current Budget deficit would be met and what, if any, future liabilities may be incurred by the PBC in relation to future invoices raised under the Recreational Facilities Agreement. “If there is no other agreement, then the PBC and the residents of Ridges can be satisfied that there will be no other financial obligations placed on them other than the current deficit of $350k,” Mr Sanders said. He said while motions for the AGM Agenda had closed on January 31, if no explanation of the deficit was provided at the AGM, as Chairman of The Ridge SBC he would be seeking to raise a new motion for an
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at the REC CLUB independent audit of the invoices related to the Recreational Facilities fees and Facilities Agreement to ensure the PBC’s future obligations were clarified without a doubt. The Ridge SBC has contributed 18 items to the agenda to be voted on by lot owners at the AGM focused on greater transparency of the workings of the PBC and around what work lot their body corporate fees are paying for on a monthly basis. Key motions from The Ridge, in addition to questions about the Rec Club Facility agreement include: • That a schedule of correspondence be provided to the SBCs, as none exists at the moment. • That committee meetings be held on a quarterly basis • That a schedule of duties be
completed by the caretaker and the landscaper and be provided to the SBCs on a monthly basis • That a full and comprehensive independent review be approved of any amendment or variation to any service provider agreement. Lot owners also have the opportunity to vote for PBC Committee members for the year ahead at the AGM. NOTE: Lot owners intending to attend the PBC AGM must notify PBC Secretary Troy Thompson in writing by 10am on April 20. Email Troy.Thompson@aveo.com.au and cc brisbane@ebcm.com.au * Peregian Springs News sought clarification from the PBC for this story. It had not arrived as we went to print for April. We will follow the story at peregianspringsnews.com.au
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Local News
Park on the cards at Balgownie Drive A NEW park could be on the cards after FKP Residential asked Council to put a hold on its application to rezone two blocks of land on Balgownie Drive from sport and recreation to residential while it reassessed its proposal. An FKP Residential spokesman said the company was looking at a redesign. “It was put on hold to resolve issues around the location of the golf buggy path and to look at modifying the design to incorporate a new park,” the spokesman said. A Sunshine Coast Council spokesman said the developer in this instance was entitled to place the application on hold and request an extension of the decision making process. He said this situation differs from last year’s Golf Course
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allotment material change of use application where over a hectare of golf course land was proposed for a rezoning: “In the case of the previous golf course application, the developer’s request to delay the decision came after council officers had already completed their assessment and placed a report onto the council ordinary meeting agenda for determination,” the Council spokesman said. There’s no timeframe on when the application is expected to proceed through Council. “When the applicant is ready to proceed with the application, council officers will consider all submissions and prepare a report to be presented at a future council meeting,” the Council spokesman said.
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Local News Bushfire awareness seminar offers top tips for safety EXTREMES of weather have punctuated local life recently with fire and then excyclone events. It did seem ironic that a fire preparedness session was held in Peregian Springs the night before excyclone Debbie hit, but the message was just as powerful. Extremes do happen but there is advice available to help you prepare. Seven brave emergency services and allied agency staff turned out on Wednesday 29 March at PSSS to talk extreme weather, the place of fire in the landscape and how to manage and minimise its impact. A small number of Peregian Springs residents turned out at the event to hear the speakers from Qld Fire and Rescue Service, Rural Fire Service, Sunshine Coast Council Bushfire Management, South East
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Qld Fire and Biodiversity Consortium and Qld Parks and Wildlife Service. Fire management is not straightforward with different agencies responsible for different land areas with differing powers on what back-burning and hazard reduction can and cannot be done. QRFS is responsible for hazard reduction on private land and will assist a burn if a landowner asks them to but QRFS cannot compel a landowner to reduce hazards on their land. Sunshine Coast Council Bushfire Management is responsible for the Council bushland reserves. Qld Parks and Wildlife service is responsible for hazard reduction in Qld National Parks. However what was clear from the event was the various agencies have a great understanding of each other and the challenges and are committed to working together to help with public education to
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Local News minimise emergencies. Dr Samantha Lloyd from the SE Qld Fire & Biodiversity Consortium said it’s predicted severe fire weather will increase and “appropriate fire” is important to maintain “species diversity and persistence and ecosystem functioning”. Local QRFS Bushfire Safety Officer Joe Cullen said with the urban encroachment on the bush there has been a shift in emphasis in the last five years to educating landholders and the TOP TEAM: Presenters at the Bushfire Preparedness event community with the aim of at Peregian Springs State School. reducing emergencies. Mr Cullen said there is a lot people can management and creating your own do to help minimise fire risk to their Bushfire Survival Plan or volunteer with home. A basic one is clear out any the Rural Fire Service see the RFS website rubbish and keep gutters clean to www.ruralfire.qld.gov.au alleviate fires starting from flying embers. For more on a long time RFS volunteer For information on bushfire see www.peregiansprings news.com.au
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Local News
Peregian Springs shows NRAS support WHEN it comes to providing affordable rental housing for people on low to moderate incomes the Peregian Springs community and its investors, have heeded the call. A Department of Social Services spokesperson said there are currently 74 active properties in the National Rental Assistance Scheme, with one more on the way but not yet ready to move in. The spokesperson said there were no NRAS dwellings available in the newest part of the Ridges development next to the shopping centre on either Koel Circuit or Godwit Place. The spokesperson said that, as announced in the 2014-15 Budget,
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there will be no further funding rounds or new allocations of NRAS incentives beyond those currently allocated in the Scheme and held by approved participants. “This means the only dwellings eligible for NRAS incentives are those that have been or are currently being built by approved participants and applicants in the Scheme.� For those looking to access these properties, information on NRAS dwellings by suburb is included in the NRAS quarterly performance report, which is publicly available at the dss.gov.au website. For a direct link, See https://www.dss.gov.au/sites/default/files/ documents/03_2017/nras_quarterly_performance_report__december_2016.pdf
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Local Profile - Maggie Christensen
Weaving words for a world of strong women “..despite a lightness of mood, she felt an impatience with her life. She knew there might be a few bumpy roads ahead, but it would work out in the end..” — Champagne for Breakfast Strong and optimistic mature females dealing with life’s bombshells and bigger issues, always with a happy ending, are the main feature in the six novels of Peregian Springs’ author Maggie Christensen and her latest novel Champagne for Breakfast is no exception. The book opens with Rosa Taylor celebrating her 50th birthday drinking champagne alone by the Noosa River, having just ended a six year affair with her boss, Ken, and plans to make a few changes to her life-some are long overdue but some are completely unexpected. After running away from his soon to be ex-wife, Harry needs to start over, preferably somewhere where the gossips haven't reached yet. Maggie says the main characters are meeting at pivotal time in their lives which leads Rosa and Harry on a rollercoaster of a ride. Maggie gained inspiration for the story while walking along Gympie Terrace one Sunday morning when she noticed a woman sitting alone with a bottle of wine and she began wondering about the woman. She decided to conjure up the journey of a minor character from an earlier novel The Sand Dollar, and the new novel was born. Some try and pigeonhole the genre by calling it “Boomer literature” or “seasoned romance” but Maggie prefers to call it “Mature women’s fiction”, although she says many men enjoy her books too. Maggie writes books which celebrate mature women
and the heroes worthy of them, heart-warming stories of second chances, of women finding a reason to live and love in later life. Targeting the market of mature women who seek out books whose heroines they can relate to and would like to have a coffee with rather than those featuring young twentysomethings who want to have babies, Maggie’s heroines have to deal with issues such as growing and adult children, second marriages, stepchildren, aging parents, death of a spouse or child and the possibility of a lonely old age. Maggie says her readers report they find it refreshing to read novels which give them hope that being over fifty doesn't mean there is no longer any romance and sizzle left to be had. Growing up just outside Glasgow in Scotland and coming to Australia in her twenties and working in Education, Maggie and her husband relocated to the Sunshine Coast in their retirement, and Maggie published her first novel in 2014. Maggie is an Independent publisher and will soon give a talk on self publishing. Keep an eye on her website tor details. As a special limited offer if you sign up to Maggie’s mail list you can receive a free copy of Champagne for Breakfast see http:// maggiechristensenauthor.com/ subscribe Meet Maggie: Friday April 28th at 6pm - Champagne for Breakfast - Book Launch—Wallace House, Noosa Library Complex ALSO Saturday 6th May 10am-12pmBook Signing on the Footpath at Annie’s on Peregian.
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Local News– Out & About
Seafood and Soul hits a high note A CARNIVAL atmosphere created by roving fire dancers, sandsculptors, soulful live music, a mini “eat street” bearing seafood and drinks all helped celebrate the official launch of the Yarran Rise retirement villas at Aveo Peregian Springs Country Club on Saturday, March 11. Residents and the wider community came together to enjoy the free event and take a sneak peek at the newly released display villa. The event went well into the night 16
with the strategic fairy lights meandering up the curved entry into the village giving the impression this street party might be the first of many for residents who snap up the chance at life at the Club.
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Local Heart— * PEREGIAN LADIES COFFEE GROUP Is on May 18 then each 3rd Thurs following. Coffee mornings are in a private home with continued fundraising for local families and monthly raffles. Email Di at diheath3930@gmail.com.
* FOOTBALL STAR ACADEMY is offering free soccer sessions for anyone who would like to try out a session with FSA professional coach Mitch Cattermole. Sessions include: girls only sessions; elite squad trials; after school sessions; weekend sessions. Football Star Academy also offer Soccer birthday parties. If you are interested, please get in touch, at qld12.football@sportstaracademy.com or by phoning the team on 0450 533 990. * HAVANA NIGHTS PEREGIAN SPRINGS MARKETS on at the Rec Club carpark on the 2nd and 4th Saturday each month from 4-8pm. Live music, amazing food, art, craft and homewares is on offer. The next Markets are on April 22 and May 6. Follow them at www.facebook.com/ havananightsperegianspringsmarkets
*ABCD SCRAMBLE a singing, dancing and story based playgroup encouraging literacy for kids 0-5 years is returning on April 20 and 27th. Cost $3 per child or $5 for 2 or more. Phone Carol Roth on 5446 5334. Morning tea provided *PEREGIAN SPRINGS STORY TIME Three to six-year-olds and their carers enjoy different books, themes and activities each week in a fun, friendly environment. The group is on Wednesdays from 9am at the Rec Club. See facebook.com/ groups/841394885961335/ for updates. 18
SEWING CLASSES for High School Kids to adults: Bernadette Doherty, Sydney and Melbourne trained local seamstress is offering sewing tuition for older kids and adults. Daytime and evening classes available. Look at what these absolute beginner ladies made after a few classes! Call Bernadette on 0416 195 995. ENTERTAINMENT BOOKS FOR AUSEE Purchase the new edition 2017-2018 Entertainment Book or Membership for just $65 for Brisbane, Sunshine Coast and Surrounds edition and get over $20,000 worth of offers current until 1 June 2018. For more about ausEE Inc. (a charity supporting eosinophilic gastrointestinal disorders founded by local Sarah Gray) see www.ausee.org or phone Sarah on 0411 539 369. To buy a book, log on to www.entertainmentbook.com.au/ orderbooks/230s640 JOB TIPS OF THE MONTH Local recruiter Tanya Nissen of Get That Job has a few tips for job seekers including these three. 1. The purpose of a cover letter is to get your resume read. 2. The purpose of a resume is to get you and interview. 3. The purpose of the interview is to get that job. BOOK CLUB held at The Pool Cafe hosted by Tish Sullivan of Tish Hair & Beauty. Phone 0466 595 572 for details. Tish has a Mother’s Day special too: Free treatments & free eyebrow wax with colour service.
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Community Notes Super advice at session NEW super changes talk a lot about limits and caps, but it need not be a handbrake on your nest egg. But act now and get advice well before the July 1 deadline Patersons Superannuation expert, Stephen Blackhall says. Speaking to around 40 people at the Patersons Super Seminar at the Peregian Beach Hotel in mid-March, Mr Blackhall said changes coming in on July 1 including limiting contributions and transfer balance caps will impact a wide range of super holders and self managed super funds. Mr Blackhall said people have commented that the changes, some of the most wide ranging in over ten years, have 'stuffed super'. However, in his view it's where it should have been ten years ago and
The Paterson’s team on the night... presents super holders the opportunity to adapt and grow. “It's a shame they didn't do it before,” Mr Blackhall said. "Our aim is to get the best prepared set of clients in the country... there are 78,000 cases like you (SMSF holders) so don't delay in getting expert partners in the field,” Mr Blackhall said.
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Chappy’s Column—Family Focus
Setting boundaries for teen success WHEN faced with “whatevs” and that generally bored, passive-aggressive face that only teens can produce, it can be difficult for parents to set boundaries. How do you lay down some ground rules that your teenager will actually follow? And how do you keep them safe, while encouraging their independence? Teenagers need clear structures and guidelines (although they won’t admit it) to navigate adolescence. Establishing and maintaining clear and appropriate boundaries assists teens in becoming responsible and growing into maturity. Many parents let boundary’s go to the wayside in order to be their child’s friend. Teenagers however need parents that are going to raise them to be responsible, mature and ready for adulthood before they need them as friends.
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Here are a few tips on how to set boundaries. • When you set boundaries they need to be clearly stated, reasonable and articulated. Your teenager needs to understand what the expectations are. Reasonable boundaries acknowledge and respect your teenager’s age, circumstances, capacity to be responsible and maturity. • Negotiate boundaries in discussion with your teenager (i.e. curfew). They work far better if they are made and agreed on together. Let 20
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your teen make their case and allow them to hear your reasoning. A little give and take goes a long way to making strong boundaries. Choosing the right time to set a boundary with your teenager is important. Don’t grab them as they are walking out the door rather agree on a time you can talk about it. Boundaries need to have consequences associated with them when broken and consequences need to be followed through with. Try coming up with and agreeing to a suitable consequence with your teenager Decide what are your nonnegotiable boundaries (i.e. alcohol) but try to only limit them to the few necessary ones. Negotiating boundaries around social media is vital for a teenagers wellbeing. Letting your teenager spend hours and hours on social media can greatly inhibit their learning and development. You probably won’t be liked much but it is essential to help a teenager regulate their social media (2 hours a day and not half an hour before bed) Review your boundaries 3 or 6 monthly and expand them when your teen shows responsibility and maturity.
Suggested Resources: Dr John Townsend – Boundaries; Boundaries with teens.
Until next month, enjoy your time with your family. By Chappy Mark (Mark Horsfall - Chaplain, Coolum High)
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Legal Matters with ...
It’s all in the words when it comes to the Wills LEGAL MATTERS with Fiona Allen BCom, LLB, LLM, TEP Phone: 5302 7933 PRESUMABLY the reason Will Kit Wills are used are because they are cheap and easy to do. Take a Will Kit Will prepared in 2010. The Will Maker inserted “All my worldly goods to my ex wife who will distribute it to my children as she sees fit” in the Will Kit Will. He passed away in 2011. What do those words mean? Did the words create an outright gift to the ex wife? Do the words create a conditional gift? Or do the words create an equitable trust? After five years of argument, the Supreme Court * was asked to decide what the words meant. The decision was delivered this year. The Court found that the words created an equitable trust – meaning that the ex wife held the assets on behalf of the Will Maker’s children. The words did not create a gift to the ex wife personally. The Will Maker had six children – five with his ex wife and one from another relationship. It is not clear how the ex wife, now
the trustee, will ‘see fit’ to distribute the trust assets - however there is nothing which requires her to treat the children equally. It is not clear if a child or children ‘challenged’ the Will. Such a gift could easily have been subject to a ‘challenge’. A ‘challenge’ is where a child alleges that ‘inadequate provision’ has been made for their ‘proper support and maintenance’. Each child’s situation will be different, even in adulthood. Step-children also need special attention in Wills. Given no children have attained an outright interest (rather they will get what the ex wife will ‘see fit’), a ‘challenge’ is a real risk. It is also fortunate that the Will Maker only had one ex wife. The argument and uncertainty determining the meaning of the Will Maker’s words suggest Wills are not easy or simple. In addition, the argument was undoubtedly costly. Fiona is a Senior Associate with Connolly Dore Lawyers. The information in this article is general and for specific advice on your Wills and Estate situation call Fiona on 5302 7933. * Rhodes v Rhodes (as Executor of the Will of Cecil Ronald Rhodes) & Ors [ 2017] QSC 21
Peregian Springs News
Inform know grow
ADVERTISING DEADLINES FOR NEXT EDITION: Copy and advertising art is due by NOON, May 8. Email peregianspringsnews@gmail.com.
Copies are delivered to letterboxes in Peregian Springs* and Peregian Breeze without no junk mail signs, and bulk dropped at the Pool Café, and the shopping centre.
Peregian Springs News is independently produced and published by Rebecca J Crockett T/As Peregian Springs News (ABN 49865205676). Those who make advertising placement and/or supply copy material or editorial submissions to the publication undertake to ensure that all such material does not infringe the Competition and Consumer Act 2010 Cth as amended from time to time or other laws, regulations or statutes. Further to this, these persons agree to indemnify the publisher and/or its agents against any investigations, costs, claims and/or judgments. *Pavilions and Sentosa - no hand delivery occurs
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FINANCE
Investment rates are rising — what can I do? MORTGAGE MATTERS with Trevor Ryan Aussie Coolum Phone: 0411 211 401
no longer work due to involuntary unemployment, illness, injury or worse. Some policies allow two people to be covered, and you can often select your insurance premium based on your budget, cover amount, age, gender and smoker status. You can also usually adjust your level of cover as your circumstances change.
Fix your interest rate If you want to protect yourself against rising interest rates, at least for a set period of time, fixing your rate will give you certainty about your interest rate and repayments for a fixed term. There are some good fixed rate loans Life insurance available at the moment if this is an Life insurance is important whether option for you. you own property or not, but it is another way to help protect your home Change to interest only repayments should the worst happen. If it’s affordability for a period of time Many people have some life that you are worried about, switching insurance through their superyour home loan repayments to interest annuation and this is what they plan to only from principal and interest may pay off the mortgage with if they die, help. however it’s often not enough to payout their mortgage in the case of If you are worried about your ability to death. pay off your loan if something happens to you there are a couple of types of If you would like to discuss any of insurances you should check out. these options just give us a call at Aussie Coolum – 5446 2480, email Mortgage Protection Insurance us at coolum@aussie.com.au or drop Mortgage protection insurance by the new office at Shop 13, Coolum provides financial assistance if you can Village, 8 Birtwill St, Coolum Beach.
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Investment Strategy for a Self Managed Super Fund High Growth Portfolio Investment Strategy example: Asset Class
Range
Mid-point
Actual
Adjustment
Cash (AUD)
0% to 20%
10%
30%
-20%
Fixed Interest
0% to 20%
10%
0%
+10%
Listed Property
0% to 20%
10%
5%
+5%
Equities
55% to 85%
70%
65%
+5%
100%
100%
0%
Total LAST edition we looked at Self Managed Super Fund (SMSF) Investment Strategy rules. This month we look at an example of an Investment Strategy showing how the SMSF should be invested. Asset Classes may contain Australian and International exposure as detailed in the Investment Strategy. For simplicity the sub Asset Classes are not included above. The Mid-point is exactly half way in the specified Range. In the example above, the SMSF: A) Is not invested in accordance with the Investment Strategy in relation to cash, & B) Is invested in accordance with the Investment Strategy in relation to Fixed Interest (as 0% is permissible), Listed Property and Equities. In this example, the SMSF should reduce its Cash holding by at least 10% –
to be at the 20% Upper Range for Cash – and invest in any other Asset Class. Ideally, the SMSF Trustee could rebalance by making the changes shown in the Adjustment column above. That is, reduce Cash by 20% to be invested in accordance with the Investment Strategy and also be at the Mid-point for each Asset Class. Your SMSF Accountant (Tax Agent) and your Patersons Wealth Adviser both have a role to play assisting SMSF Trustees ensure that their SMSF is invested in accordance with your Investment Strategy. Your Patersons Wealth Adviser has an end of financial year SMSF Checklist which may assist SMSF Trustees ensure that their SMSF is invested in accordance with their Investment Strategy. Please contact your Wealth Adviser for further details.
Need help navigating the aged-care maze? Our comprehensive Aged Care Advice Package can help. Talk to one of our Accredited Aged Care specialists today.
Tom Wigzell Aaron Cross (07) 5409 6120 (07) 5409 6100 Patersons Peregian Springs, Suite 4, 2 Balgownie Drive, Peregian Springs 4573
www.psl.com.au
Patersons Securities Limited ABN 69 008 896 311 AFSL No. 239 052
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Local Connect EASTER CHURCH SERVICES Holy Spirit Anglican Church Coolum – Cnr Perry St and Beach Rd Coolum Beach Good Friday: 8.30am Good Friday Service Easter Sunday: 6am Easter Day Service, 7.15am Parish Breakfast, 9am Eucharist Anglican Church of Noosa: 3 Locations.... Peregian Springs (in St Andrew’s College – 40 Peregian Springs Drive) Good Friday: 9.30am Family (w/communion) Easter Sunday: 9.30am Family service Tewantin: (17 William St) Good Friday: 9.30am Communion Easter Sunday: 9:30am Family Celebration, 6:30pm Easter Celebration Sunshine Beach (Bicentennial Drive – opposite the State school) Maundy Thursday: 7pm Candlelit reflection on the first Lord’s Supper Good Friday: 7:30am Reflection Easter Sunday: 7:30am Communion Noosa Main Beach - Easter Sunday dawn ser-
vice on the beach – 5.30am – at the far end of Main Beach (near Rivermouth). St Peter's Catholic Church Elizabeth St, Coolum Good Friday: 9.45am Stations of the Cross, 3pm Liturgy of Sacred Passion Holy Saturday: 6.30pm Service Easter Sunday: 7.30am Easter Service, 9am Easter Service
Uniting Church Coolum Beach Maundy Thursday: 7pm Easter Service Good Friday: 8am Good Friday Service, 9.45am Ecumenical Stations of the Cross at St Peters Easter Sunday: 8.30am Easter Service Coolum Beach Baptist Church Good Friday: 8am Easter Service Easter Sunday: 9am Easter Service
ANZAC DAY SERVICE APRIL 25 - 10am for a 10.30am start Aveo Peregian Springs Country Club Memorial Commander Steve Hill RAN (Retired) is organising an ANZAC Day service at the Aveo Peregian Springs Country Club from 10am on Tuesday, April 25. Local students and clergy will form part of the service. All are welcome to attend. Phone 5448 3388 for more details.
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Local Connect 8 spots per page: Price $40 for 1 spot, $75 for 2 spots in one edition EACH SPOT: 6.2cm wide by 4cm high Email: peregianspringsnews@gmail.com
Peregian Springs News, April 2017
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“Safe, Inclusive and Connected Neighbourhoods and Online Communities” April 2017 update Foot Traffic around Peregian Springs State School A HUGE thankyou to Snr Constable Marlene Fisher for her efforts in initiating a program to divert before and after school foot traffic to a safer route. I spent one afternoon in the area and was astounded to see how busy the area has become since my own children attended the school. Thanks also to the local Peregian Beach Lions members for volunteering their time to assist with the program. Without groups like the Lions we would struggle to find volunteers. Sadly these same volunteers experienced verbal abuse from a small minority of people which has resulted in the Lions Club withdrawing their volunteers. I find it really sad that anyone, particularly volunteers, are insulted by members of our community simply because they were trying to assist with a major problem in our school zones. I know this isn’t a true reflection of our community and thank the HUGE majority that supported diverting our children to safer walking zones. Ex Tropical Cyclone Debbie The true community spirit was evident during the recent storm caused by ex Tropical Cyclone Debbie. Thankyou to everyone involved in getting their chainsaws out to remove
COOLUM 10 COMMITTEE Area Coordinators: Paula Lyall, Leigh Boggis Treasurer: Bob Joubert Secretary: Vivienne Collins You can contact us at: PSNHW@hotmail.com or at https://www.facebook.com/PSNHW/ For immediate police assistance Phone Police on 131 444 or in an Emergency call 000
trees that had fallen on roads and neighbour’s houses. It was also lovely to see the offers to help those in our neighbouring suburbs, we truly are a community of giving people! Don’t forget our AGM this month, come along if you can! Until next time... Leigh
AGM – Saturday 22nd April @ 3pm Dorney and Bear Café Come and join us for a cuppa and see what our plans are for this year!
POLICE STATISTICS 13/3/17 to 3/04/17 - Total 5 Offences Theft x 4; Unlawful entry x 1
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