Journeys October/November 2020

Page 7

OUR COMMUNITY

FROM THE GROUP CEO Mark Mugnaioni

W

e’re extremely proud of our community at RACT. We’re here because we want to support you, our members, in the good and the challenging times. Although we’ve achieved much progress in the last 97 years, there’s still much more we can do to help. With our new strategic plan, we’re committed to putting our members at the centre of every decision we make. We want to do more, to be different, and to offer extraordinary services, benefits and experiences. As we invest behind the scenes in our people and systems, we’ll continue to find meaningful ways to support you so you can focus on what you love to do in life, rather than what you have to do. This is an exciting chapter for our organisation. And as we grow stronger, we’ll help our members and the Tasmanian community to do the same. Advocacy remains a key part of our role in the community. We’ve welcomed a number of positive steps forward

recently, one of which was the State Government implementing real-time fuel price reporting in Tasmania. Via a website and smartphone app, motorists can now find the cheapest and most up-to-date fuel prices in their area. Fuel retailers are required to update changes to their prices in real time, keeping retailers accountable and ensuring Tasmanians can always find the best deal. For years we’ve been calling for solutions to Hobart’s congestion. One of the major projects we’ve advocated for is a ferry service on the River Derwent, which was outlined in our Greater Hobart Mobility Vision. The State Government’s recent call for ferry operators to register their expressions of interest is a significant step towards sustainable, safe and efficient ways of moving around our capital city. We’re looking forward to working with the government to ensure any type of ferry service is integrated into Hobart’s overall transport network to ensure the best possible chance of success. Future mobility in Greater Launceston is another priority for us and our members. Since the release of the Greater Launceston Transport Vision and Work Plan by six Greater Launceston councils and the State Government, we’ve seen constructive feedback and ideas from our members about how they want to move around Launceston. We recently met with a panel of experts to formulate our own response to the Transport Vision

and Work Plan. This is a crucial step in making Launceston one of the most liveable cities in the world. Tasmanian families continue to feel the financial impacts of COVID-19. We understand that every saving counts in difficult times like these, which is why finding ways to help is important to us. Through our Better Together campaign, between June and September we offered free 12-month Lifestyle memberships to all Tasmanians, giving them access to our Royal Rewards program, which includes offers and discounts at over 200 businesses. Since then we’ve welcomed over 2100 new members to the RACT family. Additionally, local businesses have the opportunity to partner with us for free, passing on savings to our members and being part of a community of 200,000plus RACT members. It has been fantastic to see the community spirit through this campaign. Locals supporting locals is what it’s all about in times like these. If you’re looking for ways to stretch your dollar further, I encourage you to visit our website. Whether it’s on the road, at home, or out and about, there’s a wide range of discounts and offers exclusive to our members. Visit ract.com.au/member-rewards. TO LEARN MORE ABOUT HOW WE’LL BE SUPPORTING OUR MEMBERS INTO THE FUTURE, VISIT RACT.COM.AU/ABOUT-US

MCMF INVESTMENT RATES NET RETURN ON INVESTMENT

NET RETURN ON INVESTMENT

CURRENT PERFORMANCE:

LAST QUARTER PERFORMANCE:

LAST YEAR PERFORMANCE:

2.85% 3.35% 3.47% p.a*

p.a*

p.a*

Returns are net of fees and are likely to change in line with changes in market interest rates. Past performance is not a reliable indicator of future performance. There is a risk that an investment in the fund will achieve lower than expected returns. An investment in the fund is an equity investment in a managed investment scheme. It is not a bank deposit. An investor faces a higher risk of losing some or all their investment than is the case with a bank deposit. This information does not take into account the investment objectives, financial situation or particular needs of any investor. Before making any investment decision, investors should consider taking professional advice. Jenny Bailey

Bryce Harding

Jessica Brown

Stephen Cox

Bianca Harper

(03) 6235 9311 mcmf.com.au Head Office 10 Victoria Street Hobart TAS 7000

Jamie Dart

*Average annualised rate for the year/quarter/week ending 18/8/20. Investors interested in investing in the Fund must complete an application form attached to the current Product Disclosure Statement that is available from Murdoch Clarke Mortgage Fund 10 Victoria Street, Hobart or at www.mcmf.com.au. Murdoch Clarke Mortgage Fund ARSN 093 255 559 Responsible Entity: Murdoch Clarke Mortgage Management Limited ABN 84 115 958 560 Australian Financial Services Licence Number 296758 Australian Credit Licence Number 296758

OCTOBER / NOVEMBER 2020

Journeys  7


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