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After an initial period of extreme uncertainty, the rhetoric around the Australian property market appears to have shifted into a new phase in response to the ongoing coronavirus pandemic.

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On this episode of The nestegg Podcast, host Grace Ormsby is joined by the founder and CEO of Upside Realty, Adam Rigby, to delve into how COVID-19 has been affecting different demographics within the property sector, including renters, landlords, investors and retirees.

Adam touches on the pros and cons of potentially removing stamp duty, his predictions for marketplace trends over the coming months, and the importance of picking quality over timing when considering an investment.

Thanks Adam, for sharing your insights with the nestegg podcast team!

You can keep up to date with what Upside Realty are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Sunday, 31 May 2020

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‘It’s time to formalise our commitment to reconciliation’: Equity Trustees

By Lucy Dean · April 17 2018

Reading:

Retirement

‘It’s time to formalise our commitment to reconciliation’: Equity Trustees

By Lucy Dean
April 17 2018

Reading:

‘It’s time to formalise our commitment to reconciliation’: Equity Trustees

By Lucy Dean · April 17 2018

Reading:

Acknowledging its corporate responsibility, a specialist trustee company has launched a reconciliation action plan to boost the social and economic outcomes for Indigenous Australians.

Equity Trustees on Monday announced it has “formalised its commitment to reconciliation” with its Reflect Reconciliation Action Plan (RAP).

“We support Aboriginal and Torres Strait Islander communities to manage their wealth through various community and native title trust models, and by directing philanthropic funds towards a wide variety of Aboriginal programs assisting our First Australians,” Equity Trustees’ chairman elect, Jeff Kennett AC said.

“Equity Trustees has a rich history in managing wealth for all Australians, this experience places us in a unique position to use our expertise to improve social and economic outcomes for Aboriginal and Torres Strait Islander people and communities.”

Continuing, he said the development of the trustee model within the Australian context has also involved adapting the technical trustee service to community trusts.

“Our services continue to evolve to ensure our products and services meet the needs of our Aboriginal and Torres Strait Islander clients, and we work closely with Aboriginal communities and their representatives in partnership,” Mr Kennett said.

Managing director Mick O’Brien added that Equity Trustees has a “strong corporate responsibility to actively pursue reconciliation”.

He said the RAP is the first step in formalising the commitment.

Currently, Equity Trustees has community trusts serving Indigenous communities. According to the trustee company, it also has a growing profile within these communities for its independent trustee service.

Chairman Tony Killen OAM joined Mr Kennett and Mr O’Brien in calling the RAP a public commitment to building on these relationships.

In a joint message, the three said: “This is the beginning of our long-term commitment to contribute to reconciliation between Aboriginal and Torres Strait Islander people and the broader Australian community.

“Our first RAP will focus on raising awareness of Aboriginal and Torres Strait Islander culture among employees and clients, and providing economic and social opportunities for Aboriginal and Torres Strait Islander communities and individuals through tailored financial and trustee services.”

They said the RAP will be reviewed each year with a view to progressively increase Equity Trustees’ impact on reconciliation, while reaching greater equality of wealth and social outcomes.

The RAP said Equity Trustees has a vision of an Australia which honours Indigenous Australians as the First Australians while respecting their “long and enduring connection to this country”.

“We recognise that while we assist many Aboriginal and Torres Strait Islander people through our existing community trusts and our extensive philanthropy program, it is time to formalise our commitment to reconciliation.”