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President Hugh opened the meeting and, together with the Directors, updated the members on current activity that the club is involved with. - We have recently received a request for support from the City Mission and accordingly it was agreed that the Sergeants' takings at this meeting would be donated to the Mission,
- The Board have also agreed to donate $1,000 to the "Tag-on Tag-of End Polio Now" event on October 23rd. The station at which our cheque will be handed over is still to be confirmed, but members who can are encouraged to be part of the formalities on the day, if they are available,
- The next Food Packing Working Bee for the Salvation Army will be held between 10 am to 2 pm on October 27th. Please contact PP Robyn if you can assist,
- The Science and Technology Committee were delighted to advise that we have selected, and will be partially sponsoring, three "awesome students" to participate in this year's Science and Technology Forum,
Following the club notices it was then time to introduce our guest speaker to the 24 members and 3 guests present. We were fortunate to enjoy a very informative talk from Jan Barraclough, an Investment Advisor with Craigs Investment Partners. After coming to terms with some very challenging AV and sound equipment failures, Jan held the audiences attention for the next 30 minutes as she took us through her perspective of the current financial situation being experienced in New Zealand and in major markets globally. Many of our members once relied on interest rates from the likes of Term Deposits for their income. Unfortunately as interest rates rapidly approach zero %, many members are now becoming more and more reliant on other forms of volatile investment such as equities, bonds, properties or whatever and Jan shared her thoughts in a format easily understood, and the talk and following Q & A discussion was very informative. There was even the opportunity for some jovial political debate between members, on the eve of the New Zealand election! John M. thanked Jan for her time and her presentation. KEV's CANDID PHOTO ALBUM: |
THURSDAY OCTOBER 29th - Breakfast Vocation Meeting. Venue - Mens Shed Adjacent to - Remuera Golf Club. Time 7.00 am for 7.15 am.
Popular Sailing comentator Pete Lester will give us an update on what's happening with next year's America's Cup regatta.
Hoping technology will allow Sam to "Zoom" in, to give us an update direct from Madagascar on phase two of ONJA.
