Buy This Issue
The Weekend Neos Kosmos : 11 March 2017
DIGITAL.NEOSKOSMOS.COM THE WEEKEND NEOS KOSMOS | SATURDAY 11 MARCH 2017 5 NEWS Victoria to examine impact of penalty rate cuts The Victorian Labor Government made a submission to the FWC review strongly opposing any change to penalty rates. A motion was moved on Thursday which will see the establishment of a Parliamentary Committee to examine the impact of the Fair Work Commission's decision. The Committee will look at the impact of penalty rate cuts on award-reliant workers, women, and young people across Victoria exploring how the state can act to protect workers and prepare a final report by 1 September 2017. Apart from holiday penalty rates being affected and cuts in the fast food, retail, and hospitality industries, the Commission is now considering even more penalty cuts in the hair and beauty, tourism, clubs and restaurant industries. This could leave even more Victorians facing a cut to their take-home pay. PHOTO: AAP/DAVE HUNT FECCA concerned for pensioners over punitive measures in proposed Omnibus Bill The Federation of Ethnic Communities' Councils of Australia (FECCA) has expressed its concern over the federal government’s proposed Social Services Legislation Amendment (Omnibus Savings and Child Care Reform) Bill 2017 or 'Omnibus Bill' through a submission to the Parliamentary Inquiry into the Social Services Legislation Amendment (Omnibus Savings and Child Care Reform) Bill 2017. "FECCA opposes proposals in this Bill to change the portability of the Age Pension and other payments including the Disability Support Pension," FECCA Chairperson Joe Caputo said. Australian of Cypriot descent, George Savvides, is the new Deputy Chair of the SBS Board We live in interesting times, the cost of living is increasing and an active savings plan is the key to secure the financial future. What is the role of the banking sector in the current economy? The banking business is like any other business: we face the same challenges that any business faces, and one of them is innovation. The world is moving a lot faster than it was 20 years ago, and that has affected the banking world. Most people are not doing their transactional banking at a branch, they are doing it digitally. This will affect the biggest changes we're going to see in the future, specifically around our retail presence and what it looks like in the street. Are our branches going to look the same?Are they going to be smaller? Are they going to be digital hubs? I don't think there's one answer; I'd be very naive to say that there'll be one size that fits all. Every market is different and again that would be driven by the surrounding needs of the population. In different suburbs and different locations, you'll have different needs, based on the demographics. How important is social investment in your business strategy? Social investment and social conscience plays a very big part in our world. From a banking perspective and on behalf of Delphi Bank, I dare say that we're one of the leading community organisations providing investment back to the community. I'm extremely proud of all the sponsorships that we're doing within the community; I'm very proud of Delphi Bank being a sponsor of the Greek Community of Melbourne and Victoria, of the Greek Community of New South Wales, of the soccer clubs and the community groups by geographic region in Greece that we support. I'm proud of everything that we've done: from the Hellenic Museum to anything that we think is of value to the community; and I'm also very proud of the participation we've had in organisations such as Pronia, Agapi, and Fronditha. We're in an ageing community and we need to respect the first generation who came to Australia and provided us with the principles to be as successful as we are today, being one of the most powerful communities in this country. This has long been a very strong trait in our community: showing respect to our elders and seeking guidance and advice from them as well. Are there any other traits that you see as specifically distinctive of the Greek community? Family, community and business is what really connects us all. I put family first, because we see a lot of family businesses and we see the connection they have between themselves, and also how families actively participate in the community. The Greeks are a very loyal community for all the right reasons. I must admit that our business started from zero and evolved to be very strong, thanks to the support and the loyalty that we've had from all our core customers from the day we started the bank. I have the luxury of being here from day one and of having a lot of support from our loyal customers, as do a lot of our bankers and I'm humbled by that. This has been an amazing experience in the world of banking for me. How do you see the Delphi brand evolving in the near future? For me the Delphi Bank should signify a bespoke, niche player in the Hellenic community. I'd like to think that when anybody of any generation within the Hellenic market thinks about banking, they would give Delphi Bank the opportunity to have that conversation, to understand their needs and see if we can meet them. George Savvides, whose parents migrated to Australia from Cyprus, is the new Deputy Chair of the SBS Board. In an announcement by SBS it is noted that Mr Savvides has significant management and board experience working in government-owned enterprises and not-for-profit organisations, notably as the former Managing Director of Medibank Private. In that role he presented Marcos Baghdatis his trophy at the 2010 Sydney International Tennis tournament when the Cypriot tennis player won. Medibank Private was the main sponsor. Mr Savvides currently also serves as Chairman of World Vision Australia. SBS announced that Emeritus Professor Sally Walker AM has been appointed as a non-executive director. The appointment of Ms Walker and Mr Savvides was announced by Minister for Communications and the Arts, Senator the Hon Mitch Fifield and it is for a period of five years. The Chief Executive Officer and Manag- ing Director of SBS is Michael Ebeid and the Chairperson of the Board is Dr Bulent Hass Dellal AO. The other non-executive members of the board are: Daryl Karp, Bill Lenehan, Dot West and Peeyush Gupta. SBS Chairman Dr Dellal said: "On behalf of the board and the SBS team, I'd like to congratulate George Savvides and Professor Sally Walker AM on their appointments and welcome them to the SBS board. "As SBS continues to evolve and respond to the needs of contemporary multicultural Australia, our new deputy chair and board member will bring valuable insights and professional expertise from different sectors to the board. "We look forward to their contributions in steering SBS at a time when the media landscape continues to experience change at a rapid pace, and when SBS's role in promoting greater understanding and appreciation of the diversity of Australian society has never been so important," Dr Dellal added. (L-R) Executive producer of SBS Radio’s Greek Program, Themi Kallos; Deputy Chair of SBS, George Savvides; Managing Director of SBS, Michael Ebeid, and Director of Audio and Language Content (SBS Radio), Mandi Wicks.
4 March 2017
18 March 2017