Matrix gives you the option of buying your tracking product online

South African’s looking to purchase and install a vehicle tracking device, can now do so online, from the comfort of their home or desk, through Matrix. This is the second brand within the MiX Telematics Africa Group to offer this market first.

“As a company focused on delivering innovative offerings to our customers and the market, we are pleased to launch our fully enabled e-commerce site,” says Grant Fraser, director of products and marketing at Mix Telematics Africa. “By simply visiting www.matrix.co.za; and following the 5 easy steps¹, consumers can securely purchase the product of their choice, directly online, as well as choose the fitment centre and date that suits them best for the installation, all through the click of a button.”

“We have also launched a budget payment programme via the online site, giving you a payment programme that is more suited to your monthly budget,” adds Fraser.

E-commerce is growing exponentially, with a recent report by McKinsey & Company stating that e-commerce could account for 10% of retail sales in Africa’s largest economies by 2025². “South Africa is certainly part of this growth, and many of our own customers have indicated that they would prefer to undertake purchases online via a secure site, which we are pleased to give them,” says Fraser.

Matrix has increased its technology innovation for customers over the last few months. The e-commerce site launch follows the recent announcement of the availability of its Mobile App.

Continues Fraser; “Our app is a great extension for customers. Through a Smartphone or Tablet that support IOS or Android, customers  can now receive “harsh” driving alerts, but more importantly, they can instantaneously report if their vehicle has been stolen or if roadside and medical assistance is needed at any time of the day or night, directly from their mobile device. We have also enhanced personal security features within the app, and now users get ‘early warnings’ of vehicle movement. Once ‘early warning’ is enabled, and a customer has parked their vehicle, they able to lock the car position from the app. Any unauthorised movement will result in an alarm being generated to our 24/7 national operation centre and the owner notified immediately.

“From start to finish, the app guarantees peace of mind through real-time feedback on vehicle location, as well as an immediate response in an emergency, in a time where every second counts with regards to your safety. This app, together with our fully enabled ecommerce site, ensures customers can interact with Matrix at their own convenience and time – with ease,” Concludes Fraser.

Notes:

¹ Step 1: select package, Step 2: supply personal details, Step 3: set up direct debit order with banking details, Step 4: Select fitment centre, Step 5: Processing of an upfront account initiation fee*

²http://www.africa-ontherise.com/category/editorials/page/3/

About MiX Telematics

MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in over 120 countries. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency, compliance and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a ne2rk of more than 130 fleet partners world-wide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

Matrix gives you the option of buying your tracking product online

Iowa House Panel OKs Auto Insurance Tracking Bill

Individuals in Iowa with outdated auto insurance would be monitored by a private business for compliance beneath a bill authorized by a Property panel.

Members of a Techniques and Implies subcommittee authorized the bill prior to sending it to a full committee for consideration. The bill would then be obtainable for debate in the House.

The legislation would allow the state Division of Transportation to employ a third party to maintain a database of motor automobile insurance information. The designated company, which would be awarded the job through a bidding approach, would then be permitted to contact a individual if records show he or she has outdated insurance data.

The Commerce Committee in the Residence has currently approved the measure. Rep. Guy Vander Linden, R-Oskaloosa and a member of the Methods and Signifies subcommittee, mentioned he expects it to pass out of the complete House.

Folks with outdated insurance coverage details will have a window of time to reply to the business. If he or she fails to provide up-to-date vehicle insurance information on time, his or her motor vehicle registration will be revoked. The person would then want to get new registration for the car and spend a $ 25 administrative fee. That charge will be utilized to aid pay for the database program, as effectively as the road use tax fund if there’s further income.

The legislation would require insurers to supply their records to the organization each and every month or face a civil penalty of $ 250 per day.

Supporters stated the legislation would reduced situations of folks driving without having auto insurance coverage. Lobbyists for many insurance groups said the bill could generate a database that incorrectly flags men and women with auto insurance. The insurers also face liability troubles if there’s a database breach.

“All the information that can float around in this database is of wonderful concern,” stated Bob Skow with the Independent Insurance coverage Agents of Iowa.

Christopher Rants is a lobbyist for Insure-Rite, a Utah-based business that maintains such databases for states which includes Texas and West Virginia. The organization introduced the legislation, but Rants stated it would have to go by means of the bidding approach to safe a contract with the state. Rants mentioned the organization is open to ideas from the insurance business on ways to make the bill stronger.

“We’re pleased to work with them. Our purpose is to place with each other a workable program to reduce the number of uninsured motorists in this state,” he stated.

If passed, the bill would go into impact at the start off of July 2016.

Copyright 2015 Linked Press. All rights reserved. This material may possibly not be published, broadcast, rewritten or redistributed.

Iowa House Panel OKs Auto Insurance Tracking Bill

Iowa Property Panel OKs Automobile Insurance coverage Tracking Bill

People in Iowa with outdated car insurance would be monitored by a private company for compliance under a bill approved by a House panel.

Members of a Ways and Means subcommittee approved the bill before sending it to a full committee for consideration. The bill would then be available for debate in the House.

The legislation would allow the state Department of Transportation to hire a third party to maintain a database of motor vehicle insurance information. The designated company, which would be awarded the job through a bidding process, would then be allowed to contact a person if records show he or she has outdated insurance information.

The Commerce Committee in the House has already approved the measure. Rep. Guy Vander Linden, R-Oskaloosa and a member of the Ways and Means subcommittee, said he expects it to pass out of the full House.

People with outdated insurance information will have a window of time to reply to the company. If he or she fails to provide up-to-date car insurance information on time, his or her motor vehicle registration will be revoked. The person would then need to get new registration for the car and pay a $ 100 administrative fee. That fee will be used to help pay for the database program, as well as the road use tax fund if there’s extra money.

The legislation would require insurers to provide their records to the company each month or face a civil penalty of $ 250 per day.

Supporters said the legislation would lower cases of people driving without car insurance. Lobbyists for several insurance groups said the bill could create a database that incorrectly flags people with car insurance. The insurers also face liability issues if there’s a database breach.

“All the information that can float around in this database is of great concern,” said Bob Skow with the Independent Insurance Agents of Iowa.

Christopher Rants is a lobbyist for Insure-Rite, a Utah-based company that maintains such databases for states including Texas and West Virginia. The company introduced the legislation, but Rants said it would have to go through the bidding process to secure a contract with the state. Rants said the company is open to suggestions from the insurance industry on ways to make the bill stronger.

“We’re happy to work with them. Our goal is to put together a workable system to reduce the number of uninsured motorists in this state,” he said.

If passed, the bill would go into effect at the start of July 2016.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Iowa Property Panel OKs Automobile Insurance coverage Tracking Bill

Iowa Property Panel OKs Auto Insurance Tracking Bill

Individuals in Iowa with outdated vehicle insurance would be monitored by a private firm for compliance beneath a bill approved by a Home panel.

Members of a Approaches and Implies subcommittee authorized the bill prior to sending it to a full committee for consideration. The bill would then be obtainable for debate in the Property.

The legislation would enable the state Department of Transportation to employ a third party to sustain a database of motor automobile insurance coverage details. The designated organization, which would be awarded the job by way of a bidding method, would then be permitted to speak to a particular person if records show he or she has outdated insurance data.

The Commerce Committee in the Home has currently approved the measure. Rep. Guy Vander Linden, R-Oskaloosa and a member of the Techniques and Means subcommittee, said he expects it to pass out of the complete Home.

Men and women with outdated insurance data will have a window of time to reply to the firm. If he or she fails to supply up-to-date auto insurance data on time, his or her motor vehicle registration will be revoked. The particular person would then want to get new registration for the vehicle and pay a $ 25 administrative fee. That charge will be used to aid pay for the database plan, as nicely as the road use tax fund if there’s added money.

The legislation would demand insurers to supply their records to the business each and every month or face a civil penalty of $ 250 per day.

Supporters mentioned the legislation would reduced instances of men and women driving without having car insurance coverage. Lobbyists for several insurance coverage groups said the bill could generate a database that incorrectly flags people with automobile insurance. The insurers also face liability troubles if there’s a database breach.

“All the details that can float around in this database is of excellent concern,” stated Bob Skow with the Independent Insurance coverage Agents of Iowa.

Christopher Rants is a lobbyist for Insure-Rite, a Utah-based company that maintains such databases for states such as Texas and West Virginia. The business introduced the legislation, but Rants mentioned it would have to go by means of the bidding method to secure a contract with the state. Rants stated the organization is open to suggestions from the insurance industry on ways to make the bill stronger.

“We’re pleased to perform with them. Our objective is to put together a workable system to lessen the number of uninsured motorists in this state,” he mentioned.

If passed, the bill would go into effect at the start of July 2016.

Copyright 2015 Related Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Iowa Property Panel OKs Auto Insurance Tracking Bill

Iowa Home Panel OKs Automobile Insurance coverage Tracking Bill

People in Iowa with outdated car insurance would be monitored by a private company for compliance under a bill approved by a House panel.

Members of a Ways and Means subcommittee approved the bill before sending it to a full committee for consideration. The bill would then be available for debate in the House.

The legislation would allow the state Department of Transportation to hire a third party to maintain a database of motor vehicle insurance information. The designated company, which would be awarded the job through a bidding process, would then be allowed to contact a person if records show he or she has outdated insurance information.

The Commerce Committee in the House has already approved the measure. Rep. Guy Vander Linden, R-Oskaloosa and a member of the Ways and Means subcommittee, said he expects it to pass out of the full House.

People with outdated insurance information will have a window of time to reply to the company. If he or she fails to provide up-to-date car insurance information on time, his or her motor vehicle registration will be revoked. The person would then need to get new registration for the car and pay a $ 100 administrative fee. That fee will be used to help pay for the database program, as well as the road use tax fund if there’s extra money.

The legislation would require insurers to provide their records to the company each month or face a civil penalty of $ 250 per day.

Supporters said the legislation would lower cases of people driving without car insurance. Lobbyists for several insurance groups said the bill could create a database that incorrectly flags people with car insurance. The insurers also face liability issues if there’s a database breach.

“All the information that can float around in this database is of great concern,” said Bob Skow with the Independent Insurance Agents of Iowa.

Christopher Rants is a lobbyist for Insure-Rite, a Utah-based company that maintains such databases for states including Texas and West Virginia. The company introduced the legislation, but Rants said it would have to go through the bidding process to secure a contract with the state. Rants said the company is open to suggestions from the insurance industry on ways to make the bill stronger.

“We’re happy to work with them. Our goal is to put together a workable system to reduce the number of uninsured motorists in this state,” he said.

If passed, the bill would go into effect at the start of July 2016.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Iowa Home Panel OKs Automobile Insurance coverage Tracking Bill

Effective vehicle tracking a MUST to combat organized vehicle theft!

I have been fortunate in not yet having been the victim of car theft. My former boss had his bakkie stolen a few years ago from a golf club in Bloemfontein. I will never forget the response from the car guard.

As he was standing there dumbfounded at the empty parking space where he left his bakkie a few hours earlier, the car guard walked up to him and said “Don’;t worry Sir, I have the Registration number…!”

As I had to travel much more to Gauteng recently on business, I have also been exposed to many more stories from friends on how and where their vehicles and those of their friends were stolen. With this in mind I have decided to have vehicle tracking installed by Ctrack.

This makes a small difference in reducing my monthly car insurance premium, but a much bigger difference to my peace of mind.

Johan Theron from Ctrack with Nelio and Xanthe De Sa after installation of a tracking device for the coffee vending delivery vehicle

It is not only the individual vehicle owner that is targeted, but especially the business owner transporting cargo. A good friend and partner in Rugby15, Nelio De Sa has a coffee vending machine business called Coffeebreak and he has also decided to monitor his delivery vehicle with the tracking provided by Ctrack. This will allow him not only protection from hijacking but also improved efficiency and cost saving from the effective routing of the vehicle.

During recent discussions with transport and crash investigator Stan Bezuidenhout it has become clear that hijackings have become much more organized and professional. It is especially true when we take a closer look at the transportation of cargo! We decided to share a rather comprehensive section of content on the topic of Truck Hijackings, Crime and Road Safety on the Arrive Alive website and would like to invite vehicle and fleet owners to read this at:

Truck Hijackings, Crime and Road Safety
Much of the insights in this Q&A also corresponds with the feedback received from a recent Q&A between Focus on Transport and Logistics and vehicle tracking company Ctrack. We would like to share some of these insights:

1. What is the general trend surrounding the hijacking of trucks with cargo in South Africa?

Hijackers target loads that either offer high value goods such as cell phones, tablets, expensive alcohol that they have a definite market for or loads that that can be disposed off quickly such as nappies, cigarettes or any FMG’s.

2. What is the latest Modus Operandi when it comes to Truck jacking?

Without writing a training guide for inexperienced hijackers: The hijackers would gain access to the vehicle by waiting for an opportunity at truck stops, acting as passengers at toll gates or by waiting at environments where the vehicle has to stop. If not possible they would simply pose a law enforcement officers and force vehicle off the road to gain access. The use of SAPS marked vehicles has been on the increase
Hijackers would make use of technology to suppress tracking devices and then “disappear” with the vehicle for some time. During such “disappearing periods” loads are offloaded and placed in storage at pre arranged locations. Unless there is a specific need to retain the vehicle or trailer they would abandon the vehicle after offloading.

3. Do you find that thieves are after the cargo, the truck or both?

The vehicle type has some significance. Smaller vehicle do tend to be utilized after the hijack while bigger vehicles are normally abandoned. Hijackers are not opportunist, they are organised and would know exactly their cause of action, from taking the vehicle to storage of the load to the disposal or utilization of the vehicle afterwards. Vehicle that are stolen to retain are normally taken cross border (Mozambique, Zimbabwe, Botswana) but these, when found, are recovered by our teams as we do not only have a National footprint but also an Southern African footprint.

4. What solutions do you offer to the industry (I.e. tracking systems for the cargo)?

Ctrack has solutions to track the trailer, the horse or the entire combination. If the trailer is hooked by a horse fitted with a Ctrack unit the trailer unit would pair with the horse unit thus tracking the combination. This results in communication cost saving on the trailer. However should the trailer be linked to a different horse it would track independently as a standalone.
Ctrack do offer a live wireless solution that can be placed in the cargo allowing visibility of the cargo when outside the trailer.

5. What is the success rate of recoveries?

There are a number of factors that have an impact on our success rate. We have found that 80% of vehicles stolen happens in the greater Gauteng area. The hotspots have been identified by all service providers and a lot of focus has been placed on collaboration between service provider and transporter to ensure that we can all improve on the current status.
The jamming of units have played a big role in our ability to recover but we have a 93% success rate on recovering vehicles.

6. What would you suggest a driver do in the event of high jacking?

How impossible this might sound the best advice for the driver is to keep calm and cooperate. These thugs do not hesitate to cause harm to anyone. Drivers should be aware of their surroundings and be on the look-out for conditions or events that could compromise the individual, the vehicle and the cargo. The sooner the driver becomes aware of a possible hijack scenario the more time he will have to counter act by activating a panic button or reporting his distress.

7. Should there be a bit more secrecy around the counter measures by tracking companies?

A lot has been communicated in the media the past couple of months. Some of the detail reported on compromises the initiative taken by companies to safeguard individuals, vehicles and cargo. The more the media reports on counter measures deployed by tracking companies and transporters the more information the hijackers have to counter these measures.

Also view:

Hijack Prevention Guidelines

Fleet Management and Road Safety

Having your vehicle always visible with Ctrack

Effective vehicle tracking a MUST to combat organized vehicle theft!

Police officer arrested with stolen vehicle after vehicle tracking success

On Friday, 2015-01-16 at 14:10 members of a vehicle tracking company picked up a signal of a stolen vehicle in the Jacobs area. They tracked the vehicle from Jacobs until found the vehicle in the Verulam area. They pulled the vehicle over and confronted the driver of the stolen vehicle. It is alleged that suspect pointed his firearm at the tracking company employees who opened fire on him. The suspect was shot twice in the shoulder. It was later discovered that the suspect was an off-duty constable from the Inanda Tactical Response Team. The 41-year-old suspect was arrested by members of the SAPS and is currently under police guard in a Durban hospital. His state firearm has also been seized as well as the Toyota Hilux LDV that he was driving. We will be charged with attempted murder, pointing of a firearm as well as possession of property suspected to be stolen.

The KwaZulu-Natal Provincial Commissioner, Lieutenant General Mmamonnye Ngobeni on hearing of the arrest expressed her disgust at the conduct of the police officer. “I am extremely disappointed to hear of yet another member involved in criminal activity. We will ensure that detectives throw the book at him as soon as he is released from hospital. We will not tolerate police officers who are criminals themselves and you can be assured that disciplinary processes will be immediately initiated to get rid of him from the service,” she said.

Also view:

Vehicle Tracking and Road Safety

Police officer arrested with stolen vehicle after vehicle tracking success

Police officer arrested with stolen vehicle after vehicle tracking success

On Friday, 2015-01-16 at 14:10 members of a vehicle tracking company picked up a signal of a stolen vehicle in the Jacobs area. They tracked the vehicle from Jacobs until found the vehicle in the Verulam area. They pulled the vehicle over and confronted the driver of the stolen vehicle. It is alleged that suspect pointed his firearm at the tracking company employees who opened fire on him. The suspect was shot twice in the shoulder. It was later discovered that the suspect was an off-duty constable from the Inanda Tactical Response Team. The 41-year-old suspect was arrested by members of the SAPS and is currently under police guard in a Durban hospital. His state firearm has also been seized as well as the Toyota Hilux LDV that he was driving. We will be charged with attempted murder, pointing of a firearm as well as possession of property suspected to be stolen.

The KwaZulu-Natal Provincial Commissioner, Lieutenant General Mmamonnye Ngobeni on hearing of the arrest expressed her disgust at the conduct of the police officer. “I am extremely disappointed to hear of yet another member involved in criminal activity. We will ensure that detectives throw the book at him as soon as he is released from hospital. We will not tolerate police officers who are criminals themselves and you can be assured that disciplinary processes will be immediately initiated to get rid of him from the service,” she said.

Also view:

Vehicle Tracking and Road Safety

Police officer arrested with stolen vehicle after vehicle tracking success

Police officer arrested with stolen vehicle after vehicle tracking success

On Friday, 2015-01-16 at 14:10 members of a vehicle tracking company picked up a signal of a stolen vehicle in the Jacobs area. They tracked the vehicle from Jacobs until found the vehicle in the Verulam area. They pulled the vehicle over and confronted the driver of the stolen vehicle. It is alleged that suspect pointed his firearm at the tracking company employees who opened fire on him. The suspect was shot twice in the shoulder. It was later discovered that the suspect was an off-duty constable from the Inanda Tactical Response Team. The 41-year-old suspect was arrested by members of the SAPS and is currently under police guard in a Durban hospital. His state firearm has also been seized as well as the Toyota Hilux LDV that he was driving. We will be charged with attempted murder, pointing of a firearm as well as possession of property suspected to be stolen.

The KwaZulu-Natal Provincial Commissioner, Lieutenant General Mmamonnye Ngobeni on hearing of the arrest expressed her disgust at the conduct of the police officer. “I am extremely disappointed to hear of yet another member involved in criminal activity. We will ensure that detectives throw the book at him as soon as he is released from hospital. We will not tolerate police officers who are criminals themselves and you can be assured that disciplinary processes will be immediately initiated to get rid of him from the service,” she said.

Also view:

Vehicle Tracking and Road Safety

Police officer arrested with stolen vehicle after vehicle tracking success

Glenn Stevens: How Australia is tracking

Earlier in December, the Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, sat down with journalists from the Australian Financial Review for an annual chat on where, economically, he thinks Australia and the world is headed. For the record, he is pretty happy that everything is under control, that abnormal terms of trade and growth are returning to their historical norm and that we are not and are not likely to be in recession in the foreseeable future.

A brief summary of some main points touched on in the AFR interview are as follows:

On the exchange rate: Mr Stevens would like to see the value of the Australian dollar drop a little further and expects it to be lower over the next twelve months. He expects this to alter consumer spending behaviour by shifting some of our overseas-based purchases back to domestic producers.

To quote:  “Longer-term, we’ve come from US$ 1.05 to now US82¢ and that was a very elevated level, very unusual. Surely unsustainable and it hasn’t been sustained. And some further adjustment is going to have us much more like normal historical levels, at least against the US dollar and maybe some of the others. But I think that process is not yet complete. It has a bit further to go.”

On interest rates: Despite current media commentary on the possibility of a rate cut in 2015, Mr Stevens was clear that he’s not expecting either a tightening or relaxing of monetary policy in the near future.

To quote:  “In my view, over the past year or so, I have been asking myself what can we do that will be most conducive to supporting confidence, predictability, the sense that people can make some plans for their business, their own life, whatever it might be. And the view I came to pretty early on was: what we should be doing is giving a message of stability and predictability insofar as we can.”

On oil prices: The recent fall (main due to increased supply as opposed to falling demand) is good! Unless you’re a producer, of course, but the vast majority of people aren’t. Falling oil prices are, in Mr Steven’s view, good for global growth.

To quote: “Cheaper natural resources and energy is actually good for global growth. So I’m a bit reluctant, I must say, to get too pessimistic about the global outlook on that score.”

On the domestic economy: It’s good! We need to improve our terms of trade and our politicians need to start talking the real talk on how we are to collectively afford some of the expensive initiatives the Australian public want, but unemployment is manageable, inflation is controlled and our credit rating remains great.

To quote: “I guess what we’re trying to say is let’s have the adult conversation about these things before we get to that day if we possibly can. It would be very disappointing if what we find is we can’t have it until we are in a crisis.”

On the term” income recession”: It’s just arithmetic!

To quote: “The use of the term “income recession”, I think, is the latest inventive way of using the R-word, to find an adjective to put in front of it. The arithmetic is such that it wouldn’t matter how fast the economy was growing. If you get a big enough fall in the terms of trade over 2 quarters you will be able to say we’ve got an income recession. That’s just arithmetic. More substantively, what’s really is happening is the purchasing power of Australians over foreign goods and services that result from what we export has gone down… The economy is not in recession, it’s not contracting, we’re not having hundreds of thousands of jobs lost over a year. We’re not growing jobs quite as quickly as we want to, but we’re not in a recession.”

You can read the full transcript of the interview here.

Glenn Stevens: How Australia is tracking

Glenn Stevens: How Australia is tracking

Earlier in December, the Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, sat down with journalists from the Australian Economic Review for an annual chat on exactly where, economically, he thinks Australia and the world is headed. For the record, he is fairly happy that everything is below control, that abnormal terms of trade and growth are returning to their historical norm and that we are not and are not most likely to be in recession in the foreseeable future.

A short summary of some main points touched on in the AFR interview are as follows:

On the exchange price: Mr Stevens would like to see the worth of the Australian dollar drop a tiny additional and expects it to be reduced over the next twelve months. He expects this to alter consumer spending behaviour by shifting some of our overseas-primarily based purchases back to domestic producers.

To quote:  “Longer-term, we’ve come from US$ 1.05 to now US82¢ and that was a extremely elevated level, extremely unusual. Certainly unsustainable and it hasn’t been sustained. And some additional adjustment is going to have us significantly far more like normal historical levels, at least against the US dollar and possibly some of the others. But I believe that process is not but comprehensive. It has a bit further to go.”

On interest prices: Regardless of current media commentary on the possibility of a price reduce in 2015, Mr Stevens was clear that he’s not expecting either a tightening or relaxing of monetary policy in the close to future.

To quote:  “In my view, more than the past year or so, I have been asking myself what can we do that will be most conducive to supporting self-assurance, predictability, the sense that men and women can make some plans for their enterprise, their own life, what ever it may well be. And the view I came to fairly early on was: what we should be carrying out is providing a message of stability and predictability insofar as we can.”

On oil costs: The recent fall (major due to improved provide as opposed to falling demand) is good! Unless you are a producer, of course, but the vast majority of folks aren’t. Falling oil costs are, in Mr Steven’s view, excellent for international growth.

To quote: “Cheaper all-natural resources and power is in fact good for worldwide growth. So I’m a bit reluctant, I should say, to get also pessimistic about the worldwide outlook on that score.”

On the domestic economy: It’s great! We want to enhance our terms of trade and our politicians require to start off speaking the genuine speak on how we are to collectively afford some of the expensive initiatives the Australian public want, but unemployment is manageable, inflation is controlled and our credit rating remains excellent.

To quote: “I guess what we’re attempting to say is let’s have the adult conversation about these items ahead of we get to that day if we possibly can. It would be very disappointing if what we uncover is we can’t have it until we are in a crisis.”

On the term” earnings recession”: It’s just arithmetic!

To quote: “The use of the term “income recession”, I think, is the latest inventive way of employing the R-word, to locate an adjective to put in front of it. The arithmetic is such that it wouldn’t matter how quickly the economy was developing. If you get a huge sufficient fall in the terms of trade over 2 quarters you will be capable to say we’ve got an earnings recession. That’s just arithmetic. Much more substantively, what’s really is happening is the buying power of Australians over foreign goods and services that outcome from what we export has gone down… The economy is not in recession, it’s not contracting, we’re not getting hundreds of thousands of jobs lost over a year. We’re not developing jobs very as swiftly as we want to, but we’re not in a recession.”

You can study the full transcript of the interview here.

Glenn Stevens: How Australia is tracking

Glenn Stevens: How Australia is tracking

Earlier in December, the Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, sat down with journalists from the Australian Monetary Review for an annual chat on where, economically, he thinks Australia and the globe is headed. For the record, he is pretty satisfied that almost everything is under handle, that abnormal terms of trade and development are returning to their historical norm and that we are not and are not most likely to be in recession in the foreseeable future.

A short summary of some major points touched on in the AFR interview are as follows:

On the exchange rate: Mr Stevens would like to see the worth of the Australian dollar drop a tiny additional and expects it to be reduce over the subsequent twelve months. He expects this to alter customer spending behaviour by shifting some of our overseas-based purchases back to domestic producers.

To quote:  “Longer-term, we’ve come from US$ 1.05 to now US82¢ and that was a very elevated level, very uncommon. Certainly unsustainable and it hasn’t been sustained. And some additional adjustment is going to have us much much more like standard historical levels, at least against the US dollar and perhaps some of the other folks. But I think that method is not but comprehensive. It has a bit additional to go.”

On interest prices: In spite of current media commentary on the possibility of a rate cut in 2015, Mr Stevens was clear that he’s not expecting either a tightening or relaxing of monetary policy in the close to future.

To quote:  “In my view, more than the past year or so, I have been asking myself what can we do that will be most conducive to supporting confidence, predictability, the sense that people can make some plans for their business, their own life, what ever it might be. And the view I came to pretty early on was: what we must be performing is providing a message of stability and predictability insofar as we can.”

On oil rates: The recent fall (primary due to enhanced provide as opposed to falling demand) is good! Unless you’re a producer, of course, but the vast majority of people are not. Falling oil prices are, in Mr Steven’s view, good for international growth.

To quote: “Cheaper natural resources and power is actually excellent for international growth. So I’m a bit reluctant, I must say, to get too pessimistic about the international outlook on that score.”

On the domestic economy: It is excellent! We need to have to boost our terms of trade and our politicians require to commence speaking the actual talk on how we are to collectively afford some of the high-priced initiatives the Australian public want, but unemployment is manageable, inflation is controlled and our credit rating remains great.

To quote: “I guess what we’re trying to say is let’s have the adult conversation about these items before we get to that day if we possibly can. It would be very disappointing if what we locate is we cannot have it until we are in a crisis.”

On the term” earnings recession”: It’s just arithmetic!

To quote: “The use of the term “income recession”, I consider, is the latest inventive way of making use of the R-word, to locate an adjective to place in front of it. The arithmetic is such that it wouldn’t matter how quickly the economy was developing. If you get a huge adequate fall in the terms of trade more than 2 quarters you will be able to say we’ve got an income recession. That’s just arithmetic. More substantively, what’s actually is happening is the getting power of Australians over foreign goods and solutions that outcome from what we export has gone down… The economy is not in recession, it’s not contracting, we’re not possessing hundreds of thousands of jobs lost over a year. We’re not increasing jobs very as rapidly as we want to, but we’re not in a recession.”

You can read the complete transcript of the interview here.

Glenn Stevens: How Australia is tracking

Beame launches its first smartphone App release for vehicle tracking

Beame revolutionised the tracking industry in the pioneering launch of a wireless tracking unit. The brand, in just 3 short years, took the market by storm and offered an affordable, wireless solution with benefits to consumers everywhere – the most important being one of the best recovery rates in the industry.

The brand catered for audiences looking for affordability and functionality. The wireless solution answered the market need for a simple, non-intrusive product that wouldn’t tighten the purse strings and in doing so, ensured that tracking became a reality for a much broader South African market.

No matter how broad the market, some fundamentals just don’t change; consumers everywhere no longer have the time to fuss over detail, so from installation through to management, Beame customers enjoy simplicity in its truest form. Online purchasing and installations at a nearby Tiger Wheel and Tyre illustrate consumer facing innovations that continue to and have already accelerated the growth of the brand.

One more exceptional offering, just launched to market, is the release of the Beame Smartphone App. The app launched on the 17^th June to Android and Apple users everywhere and at the touch of a Play Store/iStore button, subscribers take tracking into their own hands.

The brand shows that just compiling a list of FAQ’s and making it available on a corporate website is an obsolete CRM practise. Beame has considered how the landscape has changed and moulded a solution that again shakes up the industry. In line with its offering of simplicity, the brand now offers secure contract management at the touch of a button. Important and useful information is now at customers’ fingertips.

Grant Fraser Divisional Director: Product and Marketing MiX Telematics (Consumer) explains, “This App goes a long way in facilitating communication with the consumer and the brand as well as insurers and contract holders. In one very funky looking application all Beame contract holders can manage and distribute information to insurers, contact the organisation directly with any queries, report a hi-jacking or vehicle theft and check the proper functioning of a unit for extra peace of mind”.

The application will be available on other platforms in the near future with the second release scheduled for July 2014.

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Beame launches its first smartphone App release for vehicle tracking

Beame launches its first smartphone App release for vehicle tracking

Beame revolutionised the tracking industry in the pioneering launch of a wireless tracking unit. The brand, in just 3 short years, took the market by storm and offered an affordable, wireless solution with benefits to consumers everywhere – the most important being one of the best recovery rates in the industry.

The brand catered for audiences looking for affordability and functionality. The wireless solution answered the market need for a simple, non-intrusive product that wouldn’t tighten the purse strings and in doing so, ensured that tracking became a reality for a much broader South African market.

No matter how broad the market, some fundamentals just don’t change; consumers everywhere no longer have the time to fuss over detail, so from installation through to management, Beame customers enjoy simplicity in its truest form. Online purchasing and installations at a nearby Tiger Wheel and Tyre illustrate consumer facing innovations that continue to and have already accelerated the growth of the brand.

One more exceptional offering, just launched to market, is the release of the Beame Smartphone App. The app launched on the 17^th June to Android and Apple users everywhere and at the touch of a Play Store/iStore button, subscribers take tracking into their own hands.

The brand shows that just compiling a list of FAQ’s and making it available on a corporate website is an obsolete CRM practise. Beame has considered how the landscape has changed and moulded a solution that again shakes up the industry. In line with its offering of simplicity, the brand now offers secure contract management at the touch of a button. Important and useful information is now at customers’ fingertips.

Grant Fraser Divisional Director: Product and Marketing MiX Telematics (Consumer) explains, “This App goes a long way in facilitating communication with the consumer and the brand as well as insurers and contract holders. In one very funky looking application all Beame contract holders can manage and distribute information to insurers, contact the organisation directly with any queries, report a hi-jacking or vehicle theft and check the proper functioning of a unit for extra peace of mind”.

The application will be available on other platforms in the near future with the second release scheduled for July 2014.

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Beame launches its first smartphone App release for vehicle tracking

Beame launches its first smartphone App release for vehicle tracking

Beame revolutionised the tracking industry in the pioneering launch of a wireless tracking unit. The brand, in just 3 short years, took the market by storm and offered an affordable, wireless solution with benefits to consumers everywhere – the most important being one of the best recovery rates in the industry.

The brand catered for audiences looking for affordability and functionality. The wireless solution answered the market need for a simple, non-intrusive product that wouldn’t tighten the purse strings and in doing so, ensured that tracking became a reality for a much broader South African market.

No matter how broad the market, some fundamentals just don’t change; consumers everywhere no longer have the time to fuss over detail, so from installation through to management, Beame customers enjoy simplicity in its truest form. Online purchasing and installations at a nearby Tiger Wheel and Tyre illustrate consumer facing innovations that continue to and have already accelerated the growth of the brand.

One more exceptional offering, just launched to market, is the release of the Beame Smartphone App. The app launched on the 17^th June to Android and Apple users everywhere and at the touch of a Play Store/iStore button, subscribers take tracking into their own hands.

The brand shows that just compiling a list of FAQ’s and making it available on a corporate website is an obsolete CRM practise. Beame has considered how the landscape has changed and moulded a solution that again shakes up the industry. In line with its offering of simplicity, the brand now offers secure contract management at the touch of a button. Important and useful information is now at customers’ fingertips.

Grant Fraser Divisional Director: Product and Marketing MiX Telematics (Consumer) explains, “This App goes a long way in facilitating communication with the consumer and the brand as well as insurers and contract holders. In one very funky looking application all Beame contract holders can manage and distribute information to insurers, contact the organisation directly with any queries, report a hi-jacking or vehicle theft and check the proper functioning of a unit for extra peace of mind”.

The application will be available on other platforms in the near future with the second release scheduled for July 2014.

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Beame launches its first smartphone App release for vehicle tracking