inbox. LETTERS
Trial to ease Hobart traffic?
(Left) Rob reckons Switzerland has the right idea when it comes to road rules, signage and safety. Do you agree?
Turning right from Campbell Street into Davey Street [Hobart] traffic is unimpeded as there is not a pedestrian crossing on the southern side of the junction. This could be applied where Elizabeth Street meets Liverpool Street by not having the mountainside pedestrian crossing at peak periods. This could be applied at lots of meetings of any two one-way streets. Is this worth a trial? Jim Garrigan // New Town
Service stations for EVs Due to the ascendency of electric and hydrogen powered vehicles, privately owned internal combustion-engined cars are already on the decline. The change will have repercussions on several industries and employers. The principal function of service stations, that of fuel supply, will cease to exist unless existing stations can exchange low-charged batteries for fully charged ones. For this to occur every car produced will need to be equipped with identical batteries that can be exchanged robotically in less time than it takes to fill a tank with fuel. In the early days of mobile phones every manufacturer had their own unique recharge connectors in the belief this would increase sales until realisation came that identical connectors were unanimously accepted by populations everywhere. Alan Churchill // Glenorchy
Lessons on safety from Switzerland
Your articles on road safety caught my eye. We need to look at absolute basics, road design and signage. Tasmanian roads are full of poor messages, for example, you are informed repeatedly that might is right. When lanes are reduced it is always the slow lane that disappears. The slow lane should be rethought as ‘the lane’, right lanes to be used when and if available and when not available you carefully merge back into ’the’ lane. One rule I loved from my time living in Switzerland is no passing in the left lane. So you can always change back to the ‘slow’, or as I call it ‘the’ lane without worrying about someone unexpectedly cutting in from behind. Speed limits need to be clear and predictable. Again from Switzerland, there were three basic limits and you knew which one applied from the road type and surroundings. Most of our country roads should have an 80 limit, not 100. We seem to have a limitless variety of limits. Take responsibility and keep limits safe. Rob Bester // via email
Make your investment go the distance NET RETURN ON INVESTMENT
NET RETURN ON INVESTMENT
2.30%
p.a*
LAST QUARTER PERFORMANCE:
2.40%
p.a*
LAST YEAR PERFORMANCE:
2.47%
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.
Professional, personal, face–to–face service. Call the MCMF team today.
(03) 6235 9311 mcmf.com.au Head Office 10 Victoria Street Hobart TAS 7000
*Average annualised rate for the week/quarter/year ending 26/10/21. 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
8
JOURNEYS // DEC 2021 / JAN 2022
08-09_RACT_Inbox.indd 8
10/11/21 11:21 am
Photos: iStock
CURRENT PERFORMANCE:
