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Powerline - Summer 2020
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Powerline - Winter 2020
- My Say with Paul Hilton
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Powerline - Summer 2019
- My Say with Amanda Kenafake
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Powerline - Spring 2019
- My Say with Paul Hilton - Spring 2019
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- Staff Spotlight - Spring 2019
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Powerline - Summer 2018
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Powerline - Our 100th Edition
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Powerline - Autumn 2018
- My Say with Brad Hancock
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- Team Anniversaries - Autumn 2018
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Powerline - Summer 2017
- My Say with Sharon Baldwin
- Charitable Trust supports Share the Dignity
- Houses really are SUPER
- Client Corner - Withcott Seedlings
- Small Business Superannuation Clearing House joining ATO online services
- Team Anniversaries - Summer 2017
- Changes to Depreciating Asset and Travel Deductions
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Powerline - Spring 2017
- My Say with Amanda Kenafake
- Paul Hilton's New Role at Power Tynan
- Charitable Trust Creating Brighter Futures
- Introducing Magnify Wealth
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- Client Corner - Powercat
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Powerline - Winter 2017
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Powerline - Autumn 2017
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Powerline - Summer 2016
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Powerline - Spring 2016
- My Say with Gilda Brisotto
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Powerline - Winter 2016
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Powerline - Autumn 2016
- My Say with Sharon Baldwin
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Powerline - Spring 2015
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Powerline - Summer 2015
- My Say - Christmas Special with Paul Hilton
- Charitable Trust boosts Rosie's Street Outreach
- Do you have sufficient assets to fund your lifestyle in retirement?
- Staff Anniversaries - Summer 2015
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- Charitable Trust supports Stanthorpe Hospital Initiative
- Staff Spotlight - Summer 2015
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Powerline - Winter 2015
- My Say with Paul Hilton
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- Making a Splash with a Dash of Cash
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- Vale Jean Harslett
- Power Tynan Charitable Trust - Donation to RSPCA
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- Staff Spotlight - Winter 2015
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Powerline - Autumn 2015
- My Say with Philip Saal
- Toowoomba accountants take national community award
- First-hand experience in Flying Doctor donation
- Staff Anniversaries - Autumn 2015
- Donation helps homeless youth to a happier Christmas
- Honour for our latest graduate
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Powerline - Summer 2014
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Powerline - Spring 2014
- My Say with Justin Still
- Celebrating Growth at Power Tynan
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- Power Tynan Charitable Trust
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- Staff Spotlight - Spring 2014
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Powerline - Winter 2014
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Powerline - Summer 2013
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Powerline - Spring 2017
Powerline - Spring 2017
My Say with Amanda Kenafake
Change, its impact and new roles at PT
Change is a given in this world, and we all have to learn to live in this new world of constant change. In the coming months, you will see some slight changes in Power Tynan with Paul Hilton, our long time CEO, moving into the Chairman role at Power Tynan and myself taking on the CEO role.
I am truly blessed to have worked very closely with Paul for a number of years to learn from his amazing knowledge and skillsets, and even more blessed that he is only moving from one role to another in our firm. It would leave a huge gap at Power Tynan if he wasn’t around with his abilities, personality, knowledge and experience, so with some great planning we have managed to have a well thought out plan for what our future will be and how to make it work for everyone involved.
Taking on the reins as CEO of the Power Tynan group is quite daunting, however we have had years of planning, including external coaches and consultants to work through the process with everyone at Power Tynan to ensure this transition happens seamlessly. We have learnt from others in terms of what went well and what to look out for. The planning that has gone into this has been enormous and I would personally like to thank everyone who has been a part of this journey, both for myself in transitioning into the role and Paul transitioning into the Chairman role. I feel confident that this is a role I am ready for, which would not have been possible without all of the help and support I have received.
What I have learnt recently while transitioning into this new role is invaluable, and I would like to pass it on to you, as it can assist in a number of ways:
PLAN
We are now living in a fast paced, constantly changing economy that is no longer just black and white. You are not necessarily 100% right or wrong, competition and innovation are coming from places you may not have even looked at as a threat in the past. If you don’t plan well or keep an eye on the business landscape we are living in, you may be surprised and not always pleasantly so! You need to plan to ensure your business is nimble enough to spot opportunities and grasp them as they are presented to you.
COMMUNICATE
Make sure you communicate with all relevant parties, clients/customers, investors, your team, and any stakeholder in your business - explain what the change will mean for them.
HELP
Don’t go it alone. The world can seem a daunting place if you feel you are floating in the ocean and there is nobody around to help you. Seek external consult, they can help you see your blindspots or offer a different perspective. Any sort of transition or succession needs this outside voice - someone who understands your business and the dynamics of the people involved.
These new roles will take place from 1st January 2018, and I look forward to working with many of you who already know me but also many of you who I am yet to meet. I hope to get around and meet as many of you as I can, but please feel free to contact me - I’m always available for a catch up!
Paul Hilton's New Role at Power Tynan
At Power Tynan, we are no different to all other businesses - we continually evolve, and as part of this my role is changing come 1st January 2018.
I will be stepping aside as CEO and will take up the position as Chairman of the Power Tynan Board. We have been operating as a corporate structure for many years and feel it is time to formally appoint a Chairman to Power Tynan.
This will allow Amanda Kenafake to take over as CEO and put her personal influence on the daily operations of Power Tynan. This decision and the planning has been ongoing for quite a while and we have decided the time is right.
Amanda has great passion for Power Tynan and will continue to grow the services and offerings for our valued clients. I wish her well in her new role.
What this will mean for me is not being involved in the day to day operations of Power Tynan, and my daily client engagement will scale back to a more strategic and special projects focus.
My equity will remain and I will be guiding Power Tynan from a different level, which will be a great challenge for me and one I am looking forward to.
I would like to thank every client of Power Tynan for their continued support and look forward to catching up when we cross paths in our offices.
Charitable Trust Creating Brighter Futures
Every year, 1 in 100 Australians are diagnosed with autism. This condition has life-long impacts, and unfortunately there is no cure.
As autism is so common, the AEIOU Foundation was established in 2005, aiming to provide life-changing early intervention for children with autism.
Being a not-for-profit organisation, the Foundation has the ongoing challenge of raising up to $10,000 per child per year in order to continue fostering bright futures for this generation of children, while also funding vital research.
To assist with this incredible cause, the Power Tynan Charitable Trust recently donated $1,500 to the AEIOU Bray Park Centre.
The Power Tynan team had the privilege of meeting 4 year old Flynn and his family. Flynn has progressed in leaps and bounds since attending the AEIOU Bray Park Centre this year, particularly in the areas of communication and social interaction.
To find out more about AEIOU, or to support this fantastic charity, please visit http://aeiou.org.au/support-aeiou
Introducing Magnify Wealth
As mentioned in the Winter edition of Powerline, we are excited to announce the launch of our own fully licensed financial planning business, Magnify Wealth.
Magnify will be managed by Stan Moffatt, who has over 25 years’ experience in financial planning, accounting and strategic advice. Stan loves what he does and is passionate about the wellbeing of his clients, drawing on his knowledge and experience to provide advice that is easy to understand and establishes a clear path forward to secure your financial future.
At Magnify Wealth, we specialise in:
- Financial Advice
- Superannuation
- Investment Advice
- Wealth Creation Strategies
- Retirement Planning
- Wealth & Asset Protection
- Personal Risk Protection
- Self-Managed Superannuation Funds
Call us today to find out how the Magnify team can help
(07) 4613 1643
Charitable Trust Supports Local School Initiative
While most of us have been told breakfast is the most important meal of the day, sadly there are many kids who go to school on an empty stomach, and of course we all know how that affects our concentration and performance!
To combat this, Stanthorpe State Primary School have implemented a breakfast program to feed those children who come to school without having eaten breakfast.
To support this fantastic initiative, the Power Tynan Charitable Trust recently donated $1,500 to the Stanthorpe State Primary School Breakfast Club, via Granite Belt Support Services.
“We are very grateful for this donation,” said school chaplain Marcel. “A simple meal, such as a piece of toast and a cup of hot milo, can go a long way in helping kids learn and get a good start to their day!”
Client Corner - Powercat
Each quarter we interview one of our clients to get an insight into their business. This issue we spoke to Steve Kay from Powercat.
When did your business commence?
Powercat was started with a joint venture between Power Tynan and V C Catanzaro - thus POWERCAT - in 2005.
Powercat Realty was formalised in 2007, when I sold my equity in Power Tynan and focused solely on Powercat and property.
What does your business do?
Powercat are very niche commercial property developers and managers in South East Queensland, west to Charleville and north to Proserpine.
We handle site selection, project management, expansion of existing portfolio, syndication, information memorandum, capital raising (both equity and debt), financial management of syndicates, property management, facilities management, rent collection and lease management.
What makes your business successful?
Over many years we have established a reputation of delivering - we do what we say we are going to, building a high level of trust between those we work with, being the investor group, advisers and consultants.
What has been your biggest achievement to date?
Being asked to do this article!
What is one piece of advice you would give to someone starting up a business?
Value your advisers and use them extensively - financial and legal.
It doesn't just happen - you must be passionate and devoted, and there will be times when it is tough, but you have to grind away.
How do you relax from the pressures of being in business?
Being with family and friends, golf, good food and wine… maybe all of these things combined!
Charitable Trust Making Wishes Come True
The Power Tynan Charitable Trust was established in July 2010, with the aim of giving back and making positive contributions to the communities within which the firm operates.
A similar organisation is Make A Wish, a charity established to grant wishes to very sick children and teenagers to give them hope for the future, strength to face the challenges of their illness, and joy from their incredible wish experience.
To support this fantastic cause, the Power Tynan Charitable Trust recently presented $1,500 to Make A Wish Australia - Toowoomba volunteer branch.
Since this wonderful organisation was founded in 1985, it has granted over 8,000 wishes to children with life-threatening illnesses.
To find out more about Make A Wish, or to show your support for this amazing initiative, visit https://www.makeawish.org.au/
The Power Tynan Charitable Trust has donated over $163,000 since its inception in 2010, and is open to the firm's team members, clients and all members of the public to contribute funds.
To donate to the Power Tynan Charitable Trust, or to nominate a local charity to be considered as a beneficiary of the Trust, please visit http://www.powertynan.com.au/community/power-tynan-charitable-trust.
Business Excellence Awards
Power Tynan would like to congratulate both Obadare Group and Hello Hearing on being named as finalists in the 2017 Toowoomba Chamber of Commerce Business Excellence Awards, with Hello Hearing taking out the win in the Health Division.
Thank you for supporting Homeless for a Night!
On Tuesday 1st August, members of the Power Tynan team were homeless for a night, joining community members on the streets to help raise awareness of homelessness in Toowoomba as well as much needed funding for the Basement Soup Kitchen.
The Basement Soup Kitchen is vital for those doing it tough in our community, as it is often the only meal that person will eat for the day and the only place where they are able to connect with others and feel accepted.
Sadly between 400-600 people are homeless in Toowoomba alone, with 1 in 200 people homeless Australia-wide.
Thanks to generous donations from our clients, friends, family members and business contacts, our team raised $3,930 (smashing our goal of $2,400), contributing to a total of $76,234 raised from the event.
Thank you once again for supporting this fantastic cause!
Staff Spotlight - Spring 2017
Toowoomba Hospice Hang Ya Boss Out to Dry
Our CEO Paul Hilton participated in the Toowoomba Hospice Hang Ya Boss Out to Dry event, raising almost $3,000 for this very deserving charity.
Paul spent time up in the air in both the cherry picker and the scissor lift, loving every minute of it!
Thank you to everyone who supported Paul in his fundraising efforts.
ALEAs
Congratulations to Ben Twidale and Jacob Oyat, who were both named as finalists in the 2017 Australian Leadership Excellence Awards, run by the Institute of Managers & Leaders.
Although they did not take home the win, both Ben and Jacob did a fantastic job of representing both themselves and Power Tynan, and should be very proud of what they have achieved.
Light the Night
Power Tynan team members took part in the Leukaemia Foundation’s annual Light the Night events held in both Stanthorpe and Toowoomba. These events bring communities together to provide hope, support and love to patients, their families and supporters.
USQ Student Representative of the Year
Congratulations to Jacob Oyat for being named the 2017 USQ Student Representative of the Year.
Jacob is an active member of the student body committing time to both the USQ and local communities, and recently represented USQ in Canberra at the National Student Leadership Forum.
Social Club
The PT Toowoomba crew had a great time at Tick Tock Escape Rooms for their Spring social club function. Split into three groups, each team was locked in a room filled with a series of challenges that must be solved to unlock the mystery of the room. The diversity of puzzles had to be completed with teamwork and cooperation in order to escape!
USQ Graduation
Congratulations to Zachary Bichel, who is our latest scholarship recipient to complete his degree via USQ.
Digital Disruption – An Unprecedented Opportunity
Amanda, Paul, Sharon and Gilda recently attended the highly anticipated Digital Disruption – An Unprecedented Opportunity event in Sydney.
Designed specifically for accountants, this event addressed all aspects of technology and disruption; where the integration of data and technology will revolutionise the role of accountants and other professional services, now and into the future.
If you would like to discuss the disruptions facing your business or industry, please give us a call!
CPA Graduation
Chloe Morello and Kristelle McCleverty recently completed their CPA, receiving their certificates at the Toowoomba & Darling Downs Certificate & Awards Ceremony.
Well done girls!
Wedding Bells
Congratulations to Jason Clewley and his partner Keri, who recently tied the knot at a beautiful ceremony at Preston Peak Winery.
The Great Debate
The Institute of Managers and Leaders recently held The Great Generational Debate, where our HR Manager Claire Ryan and our CEO Paul Hilton went head-to-head on the topic "Millennials are the Greatest Generation to Lead and Manage".
While Paul and the affirmative officially lost the debate (which was judged based on the highest applause), he did quite the “rap up”:
SO LET’S BE CLEAR
MILLENNIALS ARE HERE
MILLENNIALS LEAD WITH AUTHENTICITY
MILLENNIALS HAVE TRUE BELIEVABILITY
MILLENNIALS LEAD WITH COLLABORATION
MILLENNIALS ENCOURAGE COMMUNICATION
MILLENNIALS LEAD WITH TRUST
MILLENNIALS REALISE IT IS A MUST
MILLENNIALS LEAD WITH HONESTY
MILLENNIALS HAVE MODESTY
SO YOU TRUE BELIEVERS
MILLENNIALS ARE OUR LEADERS
SMSF & Accounting Awards
Power Tynan were once again recognised for excellence in the industry at the recent SMSF & Accounting Awards, celebrated with a gala dinner held in Brisbane on Thursday 26th October.
After being named finalists for the Queensland categories of Community Engagement Program of the Year, Small Business Adviser of the Year and SMSF Professional of the Year: Regional (Gilda Brisotto and Kymberlee Naumann), we were awarded both Community Engagement Program of the Year and Small Business Adviser of the Year.
The SMSF and Accounting Awards is a new initiative which has been launched in partnership with Super Concepts to recognise those professionals achieving excellence in advice in their home State.
“Congratulations also to all the finalists, who came up against incredibly tough competition to secure a spot amongst the best in their locale,” said Terry Braithwaite, head of partnerships for SMSF Adviser.
“You are setting benchmarks for professionalism and quality which are helping your clients prepare for retirement, and protect and manage their hard-earned savings.”