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Engineering Tasmania is the monthly newsletter for the Tasmania Division of Engineers Australia. It contains articles of interest to the engineering community in Tasmania, as well as a calendar of Division events. Current and past issues of Engineering Tasmania are available below. For editorial comments or enquiries, please contact us.

2012

 

2011

 

2010

 

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Alan Burn Memorial Lecture

The Alan Burn Memorial Lecture was inaugurated in 1964 to honour a most distinguished Tasmanian.  Born in 1889 in Hobart, Alan Burn graduated from the University of Tasmania, where in 1919 he became Professor of Engineering and Dean of the Faculty. 

At various times from 1922 to 1956 he was a member of the University Council and from 1945 to 1949 he was Vice-Chancellor.  In 1948, he was admitted to the Honorary Degree of LL.D. by the University of London. 

He was a foundation member of the Institution, a Councillor from 1943 to 1959, and its President in 1950.  He retired in 1956 and died in 1959.

The 2009 lecture was delivered by Bill Lawson, AM FIEAust CPEng titled "Engineers have Hearts as well as Heads"

The full text of the lecture and a list of past eminent engineers and scientists who have presented the lecture can be downloaded below.

 

"Be the Change" - Engineering Leadership Breakfast

A copy of the Speaker's notes used by Greg Walters, FIEAust CPEng to deliver an address at the Joint CELM/YEAT Engineering Leadership Breakfast on Wednesday, 17 February 2010 can be downloaded below.

"Finance Forum" - Jarrod Jeremiah, Genesys Wealth Advisers

Young Engineers Tasmania and the Young Professionals Network Tasmania hosted a joint Finance Forum on 7 June 2011where over 80 young professionals from various professions attended the event at the Salamanca Inn. Jarrod Jeremiah from Genesys Wealth Advisers spoke for an hour on budgeting and debt management, growing your wealth and protecting your wealth.

Jarrod spoke about how Australians are older now than we've ever been and that we're living longer and earning more but we're saving less and taking on more debt. He spoke about using a budget to help you keep track of your expenditure and control your expense and the difference between good debt - debt that the ATO allows you to claim a tax deduction on - and bad debt - home loans, personal loans and credit cards and the need to prioritise repayments of bad debts.

Jarrod then covered some basic investment principals of:

  • Compounding - reinvesting investment returns, allowing investments to grow, increasing regular investments over time;
  • Dollar cost averaging - investing a fix sum at regular intervals so that you take the guesswork out of the market and benefit from price fluctuations;
  • Gearing - borrowing to invest;
  • Diversification - reducing your risk by investing in a variety of areas
  • Ownership - your name, your spouse's name if you spouse has a lower taxable income, joint ownership, trusts and superannuation funds.

He said that it all comes down to what your individual risk appetite is and that you need to determine what your risk profile is so that you can achieve your goals comfortably.

Jarrod also highly recommended that people have defensive strategies in place such as income protection and life insurance as all savings plans and wealth creation strategies rely on the a person's ability to earn income and repay debt. His explanation was simple - if you're willing to insure your car, why wouldn't you be willing to insure yourself? Are you worth less than your car?

Jarrod's presentation and an audio file from the evening can be downloaded below:

 
Listen to the Audio File from the presentation here