Peregian Springs News March 2018

Peregian Springs News Inform know grow Volume 3. Issue 6

March 2018

Hop on into Easter fun!

AS the Easter long weekend looms large and local schools head towards their first holiday period of 2018 the chocolate rush is about to begin.

Most local businesses will shut for the day on the Good Friday public holiday on March 30, and adjust their opening hours for the Easter Monday holiday.

Coles will be closed on Good Friday and open 9am to 6pm on Saturday, Sunday and Monday.

For the parents, with children at home for two weeks, and one day, with Monday, April 16 being added this year as a day off for the Commonwealth Games, it’s time to start having a look at some of what’s on to get out and about.

For the foodie types, the Kenilworth Cheese Wine and Food Fest on March 31 might be worth a look. It promises food stalls, gourmet cooking demonstrations and wine and cheese tasting all day. See www.kenilworthfoodfest.org.au. For more events, such as the Cooroy Body Art Festival and kids day camp activities stay tuned to our website.

For the sweet tooths, Aussie Coolum has a guess the number of Easter eggs competition going live in about a week’s time. Keep an eye on www.facebook.com/AussieCoolum for more details.

Eleanor, Genevieve and Sam warming up for the Easter egg hunting time!

CHURCH EASTER SERVICE TIMES We’ve collated the Local Easter Church Service times for local Peregian and Coolum Churches and these times are on our website www.peregianspringsnews.com.au

Peregian Springs News, March 2018

From the Ed’s desk Children aged 0-14 years make up 27.1% of the Peregian Springs population according to the 2016 census figures. A report by the Australian Research Alliance for Children and Youth is released every five years into how Australia’s youth are doing— the most recent one was out last month. One stat in the “participation” section showed youth interest in politics is in the bottom third of all OECD countries – Australia ranked 22 out of the 31 countries.

Could it be our young people feel we grown ups are just talking, shouting or sniping at each other (as some recent Parliamentary performances in the news might suggest) or worse still, we’re not talking to each other at all. Maybe they feel there is no room for any considered and considerate conversation among ourselves, let alone space for them?

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So, we’ve decided to dedicate some space to local youth to write about what’s on their mind and also feature the achievements of local children, especially local school leaders. We’ll also feature pieces from local educators and our regular Chaplain’s column to give us a window into how they are helping support and guide our young people in schools. We hope you find their contributions enlightening.

Our State member for the new state seat of Ninderry, Dan Purdie, was sworn into Parliament last month. Dan will give his maiden speech in Parliament on March 8 and will be in Peregian Springs on March 15 at the Peregian Springs Land Sales Centre (Peregian Springs Drive, 7am-9am). He’s asking locals to come along to talk about any issues they have. Enjoy Dan’s first column on pg 10.

Happy Easter and hope you find the break a restorative one, Rebecca peregianspringsnews@gmail.com

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Local News

War on Waste sparks waste challenge YEAR 7 Coolum State High School student and eco-warrior Isabella Barry, pictured right, challenged herself to decrease her own waste after watching ABC’s War On Waste.

During the last 7 months the only waste Isabella has produced is two plastic straws and one takeaway cup.

“This is such an important issue to me, the population is growing rapidly, it is not sustainable to continue to produce such vast quantities of waste.

We must make changes and we must make them now,” Isabella said.

Isabella has now encouraged her whole family to join her quest. The family regularly take their soft plastics to local Recycle bins found in convenient spots such as supermarket carparks. Waste collected in these

bins is reused to make strong and sturdy outdoor furniture.

Isabella is now appealing to the wider community to follow her lead and asks us all to be more aware of what we’re consuming and importantly, how we dispose of it when we’ve finished.

Coolum High School’s principal Troy Ascott said: ‘We are so proud of Isabella. She is an inspiration for our whole school. There is nothing more inspirational than a young person who has the vision and courage to aim to change the world”.

Peregian Springs News, March 2018

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Local News

Waiting game for new road INTEREST is building in just when the half interchange at the southern end of the estate will open, relieving some of the peak time traffic in Peregian Springs.

Regular users of the Sunshine Coast Motorway to and from Maroochydore have noted the overpass and road surfaces appear to have been completed for some time, with a row of orange witches hats seemingly all that’s stopping them taking the early exit and heading home on the new road.

While a clear date for the opening is yet to be confirmed, notes from the PSRA meeting we reported on last month suggest it may not be open until April.

We've since asked Council and the developer FKP Residential (a subsidiary of Aveo) for more information.

While we're no closer to be able to confirm an opening date, an Aveo spokesperson has advised that: “The Peregian Springs Overpass is nearing completion and once opened will provide residents a third access onto the Sunshine Motorway.

“The overpass will provide convenient access for residents travelling South and travelling back to Peregian Springs from the Southern areas.

“The overpass is a significant item of infrastructure and there are many local and state government agencies involved in its delivery.

“The completion date has been pushed back by eight weeks due to standard construction items that can

arise on projects like this.

“A delay of this timeframe from the original programme is acceptable for this type of infrastructure.

“All parties are aware of the need to open it as quickly as possible and are working to achieve this.”

A Sunshine Coast Council spokesman responded as follows to explain why and how the exchange has been created.

“The requirement for the halfinterchange is a condition of approval on the overall estate development.

“As the developer, Aveo is obligated to complete the motorway interchange and associated Ridges Boulevard road infrastructure before reaching a threshold number of allotments released within the Coolum Ridges Estate.

“The timing threshold limits the number of lots able to be released prior to the delivery of the road infrastructure by giving council the power to stop any further land titling release until the works are completed.

“Council understands the importance of the emerging road network, which is why it was included as a condition of approval and council intends to enforce the developer's obligations.”

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Local News

Local children carry Queens’s baton TWO Peregian Springs school students will feature in the Noosa leg of the Queen’s Baton Relay on Monday, March 26, ahead of the start of the 2018 Gold Coast Commonwealth Games to be held from April 4-15.

St Andrew’s Anglican College student Lara Porter and Peregian Springs State School’s Alfie Shacklock (also an award winning dancer with the Dance Centre Peregian Springs) will each take the baton in a field of 38 bearers in the Noosa leg of the Commonwealth Games 2018 Queen’s Baton relay on March 26, which marks Day 91 of the international relay.

The Noosa leg is set to start at

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around 3.40pm at Read Park, Noosa and end at Noosa Main Beach with a community celebration at around 5.30pm.

The relay began at Buckingham Palace on 13 March 2017 and has since traversed through Commonwealth countries in Africa, the Caribbean, “The Americas” (Bahamas, Bermuda, Canada, Belize, Guyana, Falkland Islands), Europe, Asia and Oceaniaincluding Australia.

Other Peregian Springs locals listed to carry the torch include Matthew Horder, Bella Gray, Rachel Witton and Harrison Wright. To follow the Queens Commonwealth Games Baton Relay see https://www.gc2018.com/qbr#

www.peregianspringsnews.com.au

Peregian Springs News, March 2018

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Local Profile:

A love that has spanned six decades AS HIS strong, hardened, former Coalminer hands cradle a tiny, colourful “Dancing Lady” orchid, Bernie Nunn 82, tells me of the satisfaction he feels by tending the many and delicate blooms in his garden.

He’s quick to point out his wife, Gloria, 81, also plays a big part in the garden’s beauty and success with her organisation and well-ordered schedule of watering.

It is this teamwork built on a solid foundation of love that has also helped build a long and loving marriage, with the couple celebrating 62 years of marriage on 25 February from which a close-knit, supportive family of 5 children, 12 grandchildren and 11 great-grandchildren (with 2 on the way), has also bloomed.

Bernie & Gloria Nunn today, top, and on Bernie and Gloria met at Silkstone their wedding day in 1956, below.

State School in Ipswich when Bernie was 14 and Gloria was 13. Bernie was instantly attracted to Gloria for her The couple stayed in Ipswich with good looks and interest in sport (an Bernie working as a Coalminer, interest that he shared). Gloria’s following family tradition, and Gloria feelings for Bernie were more of a used her creative crafty skills sewing slow burn and with the couple clothing and homewares and selling remaining friends after their school them in a shop for some time. days ended Gloria would often try and As the family grew, the 3 daughters set her female friends up with Bernie and 2 sons were kept busy with dance as she was with someone else. and other activities with Gloria making However, Bernie only had eyes for many a costume for concerts and Gloria and eventually got his girl and Eisteddfods while from time to time she became his first and only being in the paid workforce and girlfriend. regularly volunteering.

After Bernie went away for National Nearing retirement Bernie and Gloria Service for three months when he was moved to Central Queensland to 18 Gloria wrote letters to Bernie, which follow Bernie’s mining career but a he still has, and she asked if they mining landslip seriously injured should ask permission to be married.

Bernie and brought retirement forward.

Permission was granted, and they Bernie retired and the couple moved were married less than 2 years later. to Macleay Island - off Brisbane’s 8

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Gloria & Bernie Nunn Bayside coast to enjoy gardening, fishing, Lawn Bowls and more sewing, craft, crochet and baking for Gloria while she balanced various Bowls Club Board roles and assisting the Chef with making beautiful desserts and gorgeous seafood platters.

They moved to Aveo Peregian Springs Country Club ten years ago, closer to family in Coolum.

With the consistent love and care from their parents the family remains very close and they still catch up regularly. The family also attributes their closeness to enjoying annual Christmas holidays at Tallebudgera.

Bernie says the secret to a happy marriage is to “never go to bed angry” and “say I love you and I’m sorry”.

Gloria says, “you need to communicate and work things out any differences”.

Gloria has a gift for showing her love with hugs and sharing the beautiful clothes and homely things she makes, having been involved for many years of the annual Toy and Craft Fair at the Retirement The Dancing Village’s Manor, Lady orchid... raising thousands of dollars for local charity over time.

Bernie has a gift for verbally expressing his love for Gloria and his children and wider family. He tells Gloria daily that he loves her.

These gifts complement each other making fertile ground for this long and loving marriage where what blooms is a constant delight and surprise.

To read more see our website.

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Ninderry News: with State MP Dan Purdie As the new Member for Ninderry, I would like to pass on my thanks to the local community for putting their trust in me at the recent election. It’s a huge honour to represent this area, and I look forward to working with you to address those issues you’ve told me are important.

It has certainly been a very hectic few months transitioning from policing to politics and I’ve been busy meeting with as many local groups and constituents as possible. If you didn’t get the chance to drop by my mobile office at the Peregian Springs land sales office last month, you can make a time to see me at my office at 11 Heathfield Road, Coolum, by emailing ninderry@parliament.qld.gov.au or phoning 5406 7900. Make sure you sign up for my regular bi-monthly newsletter at the same time, and you can follow me on Facebook at Dan Purdie MP. One of the many things I’ve learnt lately is that the concept of a Maiden Speech is a pretty big deal for parliamentarians, so it was both exciting and nerve-racking to stand up in Parliament recently and deliver mine. After weeks of contemplation, drafting and re-writing, I was proud to be able to stand up in the Chamber and put the electorate of Ninderry squarely in the spotlight. As well as addressing some of the significant issues facing our local area, I spoke about why I am so passionate about our community, and why I put my hand up to represent you. It’s an honest account of why I am here. If you are keen for a read, see http://www.parliament.qld.gov.au/ work-of-assembly/hansard or give me a call and I can send one to you.

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I’ve heard from a number of locals about increased traffic congestion on both the Sunshine Motorway and David Low Way resulting in wide range of unacceptable impacts which I’ll be raising as a priority when I meet with the Regional Director of Transport and Main Roads later this month. I used the first session of Parliament to ask the Transport Minister if the Government would match my commitment to upgrade the Coolum School Road roundabout and I’ll keep making the funding case for local projects that need urgent attention. Please let me know of any local traffic management or road infrastructure concern you have.

My office receives many grants and funding queries, and it’s not always easy to find the information you need. To help, I’ve assembled a Grants Booklet for Ninderry community groups. It’s a comprehensive overview of the various local, state and federal grants programs available, including details of other nongovernment funding opportunities.

Phone or email the office for a copy.

If you are a member of a local community group that produces regular newsletters, my office can also assist with a photocopy service. All we need generally is a week’s prior notice.

My office also assists with celebratory messages for anniversaries and significant birthdays and of course help with state government issues.

Please don’t hesitate to get in touch, I am here to help.

Dan Purdie MP Member for Ninderry

www.peregianspringsnews.com.au

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Schools focus—From the Principal’s desk ...

Schools at the heart of the future

By Terry Hornby Principal, Coolum Beach Christian College WE are the product of our childhood.

The years we spend in school colours the rest of our lives. The sixty-year-old still remembers some harsh words and bullying in the school yard. A parent may still feel diminished over a put down during class.

These people are us. What happened in school influences much of how we build our country. Australia is a good land, we are a fortunate society; we seek to maintain the values of fair play and of compassion.

We do not take ourselves too

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seriously, we can laugh at ourselves.

We can get through the tough times.

If we want to change who we are as a country, if we wish to strengthen our compassion and build resilience we must start at school.

This is not another task for schools to fit into an already crowded curriculum; it is what we (schools) do now. It is what happened to your parents when they were at school and it is what will happen to your children and grandchildren. The question is, what sort of society do we want?

It starts in the classroom; in the playground and on the buses.

Take an interest in what is happening in your local school, it is the foundation for our tomorrow.

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*

** we will be closed on Good Friday

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Schools focus— From the DP ’s desk ...

Help students believe in themselves Terry Proctor Deputy Principal – Junior Secondary Coolum State High School I AM thrilled to be invited to contribute to this wonderful publication for the Peregian community.

Whilst we are named Coolum State High School, we are only too aware and excited that we are part of the fast growing Peregian community.

Our strong ties with the families, staff and leadership at Peregian Springs State School are testament to this.

Junior Secondary is the foundation on which we set our students up for success, that is, in Years 7, 8 and 9.

This distinct phase of learning differs greatly from both upper primary and senior secondary. At this time in adolescence, the brain undergoes some of the most significant structural changes and growth since the early years of life. As such, we understand the importance of this for learners and

we are determined to ensure quality teaching and learning practices that match this stage of development.

The research suggests that the most significant influence of student success is a concept called ‘selfreported grades’ (Hattie, 2009).

Simply put, this means that a student’s own self-expectation of their success has the largest effect size on their actual success.

Knowing this, we need to be a community that positively builds up our young people in order to raise the expectations they have of themselves.

We need to make them believe that they can be anything. It is sometimes too easy to be critical of teenagers, as I’m sure has been the case for generations. But remember, these are the fine young people that serve our coffees, wait on us at restaurants and safely patrol our beaches.

There is so much potential in the youth of our school, and as a CoolumPeregian community it is our moral purpose to raise the expectations that they have of themselves.

Solo sailor brings inspiration to next generation JESSICA Watson, pictured, sailed into St Andrew’s Anglican College last week to present an author’s talk on her new youth novel “Indigo Blue”.

The 24 year old sailor and author was brought to Peregian Springs by the College and Annie’s Books of Peregian to talk to students about her new book and relay some of her experiences after becoming, in 2010, the youngest person to sail 14

around the world (unassisted without stopping) and being 2011’s Australian Youth of the Year.

Her book Indigo Blue is set in Boreen Point and tells of a girl working to restore a yacht while building some new and inspiring friendships around her. Her previous book, True Spirit was released in 2010 and is a non fiction work telling of her solo circumnavigation journey as a 16-year-old.

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Peregian Springs News, March 2018

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Schools focus—

Leading the way at St Andrew’s Anglican College Peregian Springs News is bringing the community news and views from local youth and last month asked Coolum High School captains a series of 5 questions about their leadership. This month we asked St Andrew’s Anglican College captains Harrison Fry and Sarah Jackson, pictured above, the same questions (you may have seen their responses to these already on the College website). We hope you enjoy and are inspired by what these leaders have to say.

What inspired you to nominate for School Captain?

HARRISON: Being a college captain gives you a chance to inspire others, and I’ve always really looked up to that. My sister was also college captain at her school, being a huge role model to me.

SARAH: I’ve been at St Andrew’s for 12 years now so the school has been a big part of shaping who I am and has given me countless opportunities that I am so incredibly thankful for.

This really made me want the chance to be able to give back to the school and be able to work together with my cohort as mentors for our peers and the younger students at St. Andrews.

What do you think being a leader means?

HARRISON: Being a leader means that you are a role model to others, guiding them to uphold the school spirit while also being themselves.

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SARAH: I strongly believe that being a leader means working with other people and making sure that everyone has the chance to contribute, and that others feel they can look to you for guidance and support. A leader should never consider themselves as more important, and should help everyone to lead together.

What do you love about your school?

HARRISON: I love the fact that St Andrew’s is a community that offers the feel of such a comfortable and welcoming family to be apart of.

SARAH: I love that St Andrew’s has always maintained such a strong community with its students and teachers. Everyone has so many friends that branch out from their own year level and all of the teachers strive to create relationships with the students that goes beyond just teaching them, which is something I’ve always cherished and felt so lucky to have throughout my schooling life.

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St Andrew’s Anglican College School captains How do you hope the school will benefit from your time as captain?

HARRISON: My aim is to leave a mark at St Andrew’s. I want students to realise how important it is to cherish the many opportunities given to them, not only at school, but in all aspects of life – whether it’s big or small.

SARAH: I hope that I can act as a role model and inspire the younger students to make the most of their time at St Andrews. I’d also love to contribute to new ideas and help the school continue creating amazing opportunities for the students.

If you were Prime Minister what would you change and why?

HARRISON: If I were Prime Minister I

would further enhance our education systems by incorporating subjects which entirely investigate global issues such as global warming, climate change and poverty – because I believe education is the key to resolving these global concerns.

SARAH: If I was Prime Minister I would love to work on opening specialised schools for children that are refugees, as I feel very passionately about this issue. Refugee children often require higher levels of support and would benefit greatly from having specialised schools that provide the assistance they need in order to gain proper education.

Next month we’ll catch up with the school leaders from Coolum Beach Christian College.

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Local Heart PURPLE COPPER RESTAURANT at the Peregian Golf Course- now specialises in Austrian Food and Drinks, with German and Austrian beers available. In February the menu changed to what the Chef’s specialise in, Austrian Cuisine. However many popular menu items and drinks remain. Check out the menu and opening times at https://www.facebook.com/ purplecopper1/menu/ or call 5324 1422.

PEREGIAN GOLF: Renovations are complete on the Course so why not make time to have a swing at the driving range or a round at the course? It’s a public course open to all - beginners to advanced. PAR Bar and Purple Copper Austrian restaurant open to players and the public. See www.facebook.com/ Peregiangolf/ or peregiangolf.com.au for the latest news and information or call the pro shop to book (07) 5471 5400.

PLAYGROUPS (during school terms) MAINLY MUSIC (a Parents and Toddlers Music program) Tuesdays 9.30-10.30am during school term at the Salvation Army Meeting Rooms at 127 Greenoaks Drive, Coolum. $3 for one child, $5, per family.

Incl morning tea. For more– call 5442 4218 (business hours) PEREGIAN STORYTIME Through games, stories, puzzles and puppets, little ones play their way to a life-long love of reading. Phone the Anglican Church of Noosa on 5449 8009 for more info.

ABCD SCRAMBLE—singing and dancing playgroup for under 5’s and their grownups. Thursdays 10-11.30am school terms.

Anglican Church Coolum Beach Rd. $3 for one child, $5 for 2 or more. Incl morning tea . Call Carol for more 5446 5334.

COOLUM BAPTIST CHURCH – Playgroup on Fridays 9.30-11.30am school term time Call Shauna for more 0414 864 714 18

HAVANA NIGHTS PEREGIAN SPRINGS MARKETS: at the Rec Club carpark, 222 The Avenue, will be held on Saturday, March 24 , 4.30pm to 8.30pm with Street Food, Artisan stalls and kid’s entertainment The Pool Cafe is open for drinks and cocktails on the night.

For more event information see havananightsperegianspringsmarkets on Facebook. The Regain Hope Charity– Local people helping end child trafficking and slavery– is supported by Havana Nights Markets.

GOVERNMENT REP CONTACTS Peregian Springs– Local Sunshine Coast Councillor Stephen Robinson (Division 9) Tel– 5441 8086 State (Ninderry) - Daniel Purdie (Liberal National Party) Tel- 5406 7900 Federal (Fairfax) Ted O’Brien (Liberal National Party) Tel- 5479 2800 Peregian Breeze— Local Stephen Robinson (Division 9) & State (Ninderry) Daniel Purdie—details above.

Federal (Wide Bay) Llew O’Brien (Liberal National Party) Tel 1300 301 968 / 07 4121 2936 NEW KID ON THE BLOCK...

TED O’Brien, Federal member for Fairfax, and wife Sophia have announced the birth of their son Henry on 23 February 2018.

Henry is the second child for the couple and little brother to their daughter, Alexandra. Fairfax takes in Peregian Springs. Peregian Breeze is in the Wide Bay federal electorate.

Ed’s note - Congratulations O’Brien Family! Welcome to our world Henry!

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Setting Goals -Mark Horsfall, EVER set a goal for yourself only to lose focus and motivation before achieving it?

Before the school year begins Sunshine Coast Chaplains go on a 3-day camp for PD. I use this time to set goals for the year and reassess my long-term goals. This has given me direction, established my priorities and helped me achieve far more than if I had never set any goals. I’ve also discovered it takes a lot of focus and motivation to make goals a reality. Here are some tips to do that: Commit to achieving your goal. Being a personal trainer, many tell me they want to lose weight. That often requires rising early and giving up some things and then commitment gets challenged and many never achieve their goal. I’ve found it’s vital to have a strong WHY behind your goal. If you’re a parent, encourage your child or teenager to find their WHY for their education. It will go a long way to keeping them motivated, focused and on

Coolum High School Chaplain

task during the year (especially senior years) when it gets tough and commitment is tested.

Break goals down and have action steps. I ask myself “What is the next action I need to do to achieve or get closer to my goal?” Action steps require a time frame to not end up on the never ending to do list. A trusted friend or mentor will keep you accountable to achieve.

Reflect, review and evaluate your goal and action steps regularly. When I am training a client, every 4 weeks I like to review what we have achieved in terms of the client’s goal, where we might need to change (or not change) and what could we do better. This process is essential for turning your goals into reality.

Celebrate and reward yourself when you achieve a goal or complete an action step.

So, I wonder what goals will you choose turn into reality this year?

Peregian Springs News, March 2018

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Business profile— Tint N Windows

Bright couple gives cool results YOU can enjoy the outside more while you’re inside thanks to a local Peregian Springs family business.

Brad and Shannon Seipolt own and operate Tint N Windows, offering a complete range of high quality, lifetime warranty window films expertly installed by the family team who, with over a decade of experience in residential and commercial application, enjoys offering the many benefits of window tinting which they say includes adding privacy, helping save on energy costs, ultraviolet and fading protection, heat and glare control, security and safety and facade beautification.

Brad started learning the craft of window film application in 2002 with his family business then honed his

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skills while operating the business in Airlie Beach and the Whitsundays where he enlisted Shannon's eye for detail before they moved to the Sunshine Coast in 2015 to raise their family and offer their services to locals with the aim of providing exceptional service and expert advice on product choice and “adding affordable luxury and value to your property”.

For an instant online estimate or more information see www.tintnwindows.com.au or call Shannon or Brad on 0499 830 230 to arrange a quote!

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Peregian Springs News, March 2018

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Legal Matters

So.... when do I get my money?

LEGAL MATTERS with Fiona Allen BCom, LLB, LLM, TEP Phone: 5302 7933 BENEFICIARIES often ask me when they can receive money from an estate they are a beneficiary of. Like a lot of legal questions the answer is “it depends”.

After a person dies their executors need to administer their estate.

This means that the executors need to identify the assets and the liabilities of the estate, pay all costs and expenses (including tax) and then make distributions to those beneficially entitled.

This process can take some time and depends on whether probate is required and the type of assets in the estate.

For example, in a simple estate the deceased’s estate consists of a bank account and an accommodation bond.

Probate will almost certainly be required to realise the assets to pay the expenses.

After this occurs, the earliest a distribution should occur is six months from the date of death.

Why? Well, the legislation governing

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Email peregianspringsnews@gmail.com.

estate administration provides protection to executors if they distribute an estate after six months from the date of death provided they don’t receive notice from any person “challenging” the Will for a greater share of the estate.

In effect this gives a person, who wishes to “challenge” a Will for a greater share of the estate, six months from date of death to notify the executors.

If no notification is received, then the executors can distribute after six months to beneficiaries without being personally liable.

If distribution takes place within six months from date of death or after notice is received of someone “challenging” a Will, the executors will be personally liable for these distributions.

My advice is therefore beneficiaries shouldn’t expect funds for at least six months from the date of death.

Fiona is a Senior Associate with Dore & Webb Lawyers. The information in this article is general and for specific advice on your Wills and Estate situation call Fiona on 5302 7933.

Inform know grow 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 - independently produced and published by Rebecca J Crockett T/As Peregian Springs News (ABN 49865205676). Those making 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. *No hand delivery in Sentosas or Pavilions occurs

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Peregian Springs News, March 2018

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Finance Matters with ...

Superannuation: Downsizer Contributions FROM 1 July 2018, individuals aged 65 and over will be able to contribute up to $300,000 each following the sale of their principal residence, with no need to meet the ‘work test’, and these contributions also will not count towards the non-concessional contribution.

The sale of the principal residence triggers the ability to contribute and the proceeds go to determining the maximum amount that can be contributed. There is no requirement for the contribution(s) to be made out of the proceeds of the sale.

The sale needs to be made after 1 July 2018 (contract date), the property does not have to be owned by both members of a couple, and nor do the contributions (up to $300,000 each) have to be made in proportion to each members’ share of the property.

Moreover, there is no requirement to acquire a new dwelling.

The principal residence sold must be located in Australia and exempt or partially exempt from CGT due to the principal residence provisions, and comprise a unit, or house, and land (including a farm house and up to 2

hectares of land), but not a houseboat, caravan or other mobile home, and the residence must have been owned by at least one or both of the contributors for at least 10 years prior to the disposal.

Contributions must be made within 90 days of receipt of sale proceeds and multiple contributions (up to $300,000 per individual) can be made within the 90 days, but only the sale of one dwelling will count towards the downsizer contributions over a person’s lifetime; and must be made in the approved form (presumably being drafted by the ATO now) and given to the superannuation fund at the time of contribution.

Individuals should check their fund’s ability to accept these types of contributions.

This article is intended to provide general advice only, and has been prepared without taking account of your objectives, financial situation or needs. Therefore, before acting on any information contained in this article, you should consider its appropriateness having regard to your objectives, financial situation and needs. Please contact a Patersons Advisor to discuss the suitability to your retirement plan.

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 (07) 5409 6120

Aaron Cross (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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MARCH 2018 UPDATE Encouraging individuals, families, businesses and neighbourhoods to work together to strengthen and connect our communities for a safe and secure Queensland.

Crime Statistics 5 February to 5 March, 2018  1 unlawful entry  3 property damage  1 theft  1 handling stolen goods

COOLUM 10 COMMITTEE Area Coordinators Paula Lyall Leigh Boggis Treasurer Bob Joubert Secretary Vivienne Collins You can contact us at: PSNHW@hotmail.com https://www.facebook.com/PSNHW/

** info from police.qld.gov.au website

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www.peregianspringsnews.com.au

Local Connect

8 spots per page: Price $40 for 1 spot, $75 for 2 spots in one edition Peregian Springs News, March 2018

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www.peregianspringsnews.com.au