President's Message

Mitch Brown
member photo
Thanks to everyone who volunteered their time on Friday at the Bunnings Sausage sizzle.
While the final figures aren’t to hand a rough audit suggests it was one of the more profitable Fridays at Bunnings for us.
On Saturday morning I had the honour of being introduced by Paul O’Neill to the volunteers at the Project Shed as the Club’s President for 2022 – 2023. Mario took the opportunity to inform those present about developments on the Mauna Hospital project, including a District Grant application to fund training for personnel on Pentecost Island to ensure the long term sustainability of the facility.
One of the issues facing the Project Shed is the disposal of the waste bicycle tyres and tubes. Investigations reveal some recyclers charge $0.66 a kilo to accept such waste for recycling. We are working a solution with a Brisbane based business to assist in disposing of this waste at no cost to the Club. Details are being sorted out but it will most likely require a mini-working bee at the Project Shed to cut the tyres in two for placement in tote ICB cages for removal from site. It will also provide an opportunity for a clean up of the Project Shed grounds more generally. Watch this space for further developments.
Social meeting this Wednesday and drinks at the Benowa Tavern this Thursday.
Enjoy your week.
Mitch Brown,
President 2022-23
Charles Thomasson - State of the Market
Charles Thomasson's Presentation
Charles presented on the ‘State of the Market’ with references made to the Wilsons research note on ‘Inflation fixation’ handed out to attendees (see Download files on the right).
Congratulations to those with the closest guesses for asset class returns over the last 12 months. Mark, who correctly guessed that International shares returned -18% in the last 12 months and Mario who was closest in guessing the previous 12 month return on Oil at positive +48% over the last 12 months.
Inflation was the main talking point that has proved to be ‘stickier’ than first thought and driving the selling pressure in equities. Our base case remains that slower demand and an improvement in supply side issues should ease inflationary pressure.
In answer to Larry Murray’s question on ‘what is the biggest contributor to Inflation or more specifically the Consumer Price Index (CPI)?’ Charles answered ‘Housing’ which has the highest weighting, contributing close to a quarter of this number.  
Charles finished by stating he has seen 5 major pull backs in his 15 year long career at Wilsons and emphasised not being too bearish on markets as historically markets have posted strong long-term gains following declines but did warn we might not be at the bottom yet.

Electric Wheelchair to Honiara
There have been an awful lot of newspaper column centimetres and electronic media about the Solomon Islands lately. OK, so this one mightn't make the major media, either here or over there.
But call it International Relations at the grassroots level: Our former member Col Laurenson is still very much involved in organising the shipment of humanitarian aid. The most recent one: he arranged for a massive, special electric wheelchair for handicapped people (see photo) to be shipped to Honiara. The local Rotary Club requested it, together with a patient hoist. Col, with the assistance of Surfers Sunrise, including Paul O'Neill and yours truly, arranged for it to be collected, then Col arranged shipment to Amberley Airbase, from where it was transported via the RAAF. Well done, all! 
Snippets of last week's meeting
[Thank you, Ashleigh, for taking the minutes in my absence. Ed.]
Stand in Chairman – Mark Twyford (for Johnny Bueti), Acting President – Doug Lipp (for Mitch Brown)
Apologies – Gerald East, Mitch Brown, Franz Huber, Andy Bell, Simon Brook, Paul Seymour, Johnny Bueti
Doug Lipp congratulated new President Mitch on the different and great choice of venue for the changeover luncheon at Bambino's and will present Angus and Paul with Pins at the next formal meeting.
Directors Reports
Treasurer Doug Lipp outlined the Wheelchair Trust balance, which includes a recent bequest as well as proceeds from a telemarketing drive by Apple Marketing, conducted last week.
Ashleigh Symes (Youth Chair) – Notified members that applications for RYLA, RYPEN & National Youth Science Forum (NYSF) are now open, all to be held in January 2023 and if anyone has any applicable candidates to put forward please reach out. Please check the relevant links for details.
Charles Thomasson – Newly appointed treasurer - is arranging the set up of Xero and in the process of getting set up with access to the bank account. Half yearly subscription notices will be issued shortly.
Mario Fairlie provided an update on the Vanuatu project. The disassembly, packing into a container and shipping will occur in January. Currently this is presenting the greatest challenge, due to the limited time (3 business days) that we can load the container without occurring additional fees. Mario will push for this to occur over a weekend to provide some additional albeit limited additional time. We will instill the assistance of our youthful Rotaractors (4 or 5) to assist with task and then in regards to managing the project, Associate Member Earl Reeves from the shed and our recent Gold Coast Bond University Professor (ex-carpenter) will champion this. The electrics are in progress and the money for the X-ray and pathology machine is sorted and to be installed at the end of May. There appears to be solid support for the provision of vocational training on the use of the new equipment to locals in Vanuatu from Dr Graham Sivyer, a former university professor and scientist from NSW. Hopefully, we can also get the District Grant across the line to provide further funding assistance.  Ideally, the project will be at completion by this time next year.
Duty Roster
Duty Roster - note: subject to change - please check every week.  Note: Fellowship duty also is expected to be at the Project Shed on the Saturday following the meeting
DateDoorChairmanFellowship/Project Shed (following Saturday)
13/07/2022N/A (Social Meeting)N/A (Social Meeting)Gerald East (Saturday 16th July at the shed)
20/07/2022Graeme IsaacsonAngus MillerFranz Huber
27/07/2022N/A (Social Meeting)N/A (Social Meeting)Johnny Bueti (Saturday 30th July at the shed)
03/08/2022Ian MayberryDoug LippPeter Morgan
10/08/2022N/A (Social Meeting)N/A (Social Meeting)Tash Price (Saturday 13th August at the shed)
17/08/2022Paul O'NeillLarry MurrayAdam Sheppard
24/08/22N/A (Social Meeting)N/A (Social Meeting)
Al Sirovs(Saturday 27th August at the shed)
31/08/2022Paul SeymourRay HiggsPaul Smith
Inspirations - well, sort of... 130722
The ultimate irony for mankind: A computer asks you to confirm that you are not a robot....
The last 10 percent of performance generates one-third of the cost and two-thirds of the problems. Augustine’s Law’, posited by Norman Augustine, US businessman
“I keep hearing on the radio, TV, read in the papers about the stock market but I still have no idea it is. Do you know?”

“How should I explain this to you… Let’s say you buy some eggs for your farm. These eggs hatch and now you have chicks. These chicks grow up to be hens that lay more eggs, out of which you get more chicks that grow up to be hens and so on and so forth. Eventually, your farm is full of them.

Then, one day a big flood ravages your land and takes all of them downstream. Then you sit and think to yourself: ducks… I should have gotten ducks. That’s what the stock market is like.”

Download Files
Wilsons Advisory - Inflation Fixation
Changeover Report 2021-22
Wesley Mission - Preventing Burnout
Rotary District 9640 Flood Appeal
Upcoming Events
President Mitch Brown - My vision for 2022-23
Surfers Paradise SLSC
Jul 20, 2022
7:00 AM – 8:30 AM
Sgt Cherie McLean - Gold Coast PCYC
Surfers Paradise SLSC
Aug 03, 2022
7:00 AM – 8:30 AM
View entire list
Photo Albums
Changeover Luncheon 02 July 2022
Surfers Sunrise Golf Day October 2021
Italian Long Lunch 22nd October 2021
A whole bunch of Paul Harris Fellowships
Loading a container for the Solomons
10,000th Wheelchair Celebrations
Executives & Directors
Immediate Past President
President Elect
President Nominee
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Director - Club Administration
Joint Director - Service Projects
Joint Director - Service Projects
Director - Membership
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Director -The Rotary Foundation
Joint Director - Youth Services
Joint Director - Youth Services
Joint Director - Fundraising
Joint Director - Fundraising
YEP Club Protection Officer
Chair - Wheelchairs Trust
Coordinator Golf Day
Fellowship and Social Program
Liaison - Wheelchair Trust
Program Manager-Guest Speakers
Vanuatu Program
YEP Counsellor
Webmaster & Bulletin Ed
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