News archive: 2015

Latest issue of “The EBE Journal – Journal of the Economics and Business Educators NSW” now available



The latest issue of The EBE Journal – Journal of the Economics and Business Educators NSW (Issue 2 — 2015) is now available in the members section of the website. EBE members must must login to access the latest EBE Journal. Past issues of “The EBE Journal” are also in the members section.

Articles include:

  • President’s Report
  • EBE NSW News
  • Economics and Business News Bites – Joe Alvaro
  • Legal News Bites – Joe Alvaro
  • CommBank Teaching Awards 2015 – Bronwyn Hession
  • Improving extended response writing in Stage Five Commerce using ALARM – Nick Ward and Max Woods
  • Protection and its Impact on the Australian Automobile Industry – Duc Nguyen and Tony Stokes
  • ASX Schools Sharemarket Game 2 2015 – Amanda Mior
  • Song of the Headmaster: Then & Now – Barry Collier
  • An Overview of the State of the Australian Economy in 2015 – Dr Anthony Stokes and Dr Sarah Wright
  • The importance of enterprise skills to prepare students for the new work order – Georgie Swan
  • Maximise student performance by teaching students how to deliver quality self and peer feedback – Matthew Bookallil
  • Commerce Assessment Task – Personal Finance Topic and Investing Topic – Commerce Department, Knox Grammar School
  • How many students studied HSC Economics, HSC Business Studies and HSC Legal Studies in 2015? – Joe Alvaro
  • Report on EBE NSW Field Trip for Teachers – CHOICE Lab and Testing Facility Guided Tour – Christopher Sassine
  • President’s Report to the 2015 Economics and Business Educators NSW Annual General Meeting
  • Economics and Business Educators NSW Financial Statements for the Year Ended 30 June 2015

2016 Business Educators Australasia Biennial Conference – “Thinking, Teaching, Doing Business”

The 2016 Business Educators Australasia national conference will be held in Hobart, Tasmania on Thursday 29 and Friday 30 September 2016. The conference will provide a forum for the teaching and learning of business and economics education and associated studies for colleagues across Australia. A particular emphasis will be on the development of the Australian Curriculum. As EBE NSW is an affiliate member of Business Educators Australasia, EBE NSW members can attend the conference at a discounted rate. There are also low student teacher rates available.

Currently the Conference Planning Committee is calling for expressions of interest for papers and workshops. More details can be found on the home page of the Business Educators Australasia website at www.bea.asn.au which will take you to the conference website.

EBE NSW is offering one of its members a professional development grant to attend the 2016 Business Educators Australasia Biennial Conference. The grant will pay for all flights, accommodation at the conference venue (Wrest Point Hotel) and the conference registration fees. More details will be available soon.

2015 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony – 7 October 2015

2015 PYOE NSW Competition Finalists
Division One
Delamash
Shamal Deolekar
Asquith Girls High School, Teacher: Mr. Russell Lewis

Eureka Café
Srishti Jain
Hurlstone Agricultural High School, Teacher: Ms. Elizabeth Johnson

Forever I do
Tanisha Lafitani
Loreto Normanhurst, Teacher: Mr. Matt Kohlhagen

Grey Nomad
Alivia O’Connell
Loreto Normanhurst, Teacher: Mr. Matt Kohlhagen

Intergenerational Solutions
Joshua Spicer
Rose Bay Secondary College, Teacher: Mr. Philip Horrell

Mansion Mates
Adam Beverley
Masada College, Teacher: Mrs Robyn Grana

Mattana-ty Business Plan
Emmanuelle Mattana
Sydney Girls High School, Teacher: Mr. Scott Sinclair

Pink Lady Taxis
Charlotte Johnson
Loreto Normanhurst, Teacher: Ms Rebecca Lee

The Secret Spot Application
Madelina Kalpou
Inaburra School, Teacher: Mr Michael McGovern

Yogalive
Marissa Guan
Sydney Girls High School, Teacher: Mr. Scott Sinclair

Division Two
Classic Vibes
Jinaho Huang, Dean Chen & Jimmy Yip
Sydney Boys High School, Teacher: Mr. Tom Dolan

Elk Blu Business Plan
Kevin Zhang, Lucas Wong, Eddy Xiong & Michael Yang
Sydney Boys High School, Teacher: Mr. Tom Dolan

Lemon Myrtle
Vanshika Virmani & Jennifer Xu
Hornsby Girls High School, Teacher: Stephanie Boden

Midlife Leverage
Teah Fulton, Joy Chayna & Holly Waples
Illawarra Christian School, Teacher: Cheryl Brennan

Shuffle My Schedule
Madison Allan, Chrissy Burjan & Sophia Costantino
MLC School, Teacher: Mrs Allison McCulloch

2015 CPA Plan Your Own Enterprise Competition National Awards Ceremony – 14 October 2015

The Plan Your Own Enterprise Competition NSW Division 1 winner, Joshua Spicer, represented NSW at the national PYOE awards ceremony in Melbourne on 14 October 2015 held by Business Educators Australasia. Unfortunately Joshua was not successful at the national level of the competition but he is to be congratulated for getting this far in the competition.

The individual category at the national level was won by Jonathan Nagappa of Christ Church Grammar School in WA. His business idea was SurfScout, a remote controlled drone service to spot sharks and keep Australia’s swimmers safe.

The group category at the national level was won by Harrison Wallace, Peter Mercado and Robert Jiang from The Hutchins School in Tasmania. Their business, The Tapas Truck, provides affordable Spanish food to Hobart residents.

EBE NSW congratulates the 2016 PYOE national winners.

Chartered Accountants Scholarship Fund

This scholarship fund has been established to assist marginalized and disadvantaged Australians pursue tertiary education through an undergraduate university course with an accounting focus. These scholarships are being offered by Chartered Accountants Australia and New Zealand and an individual may make application for a grant. Applications for the March 2016 university year will open on 7 December 2015 and close on 21 January, 2016. The scholarship grant is for the 2016 University year.

 Click here for more information on the Scholarship Fund.

You can also contact Pamela Lee, Community Investment Relationship Manager either by email:pamela.lee@charteredaccountantsanz.com or by phone: (02) 9290 5658 for further information.

EBE NSW 2015 Annual General Meeting

Date: 7th December 2015
Time: 6pm
Venue: Club Burwood RSL (96 Shaftesbury Road, Burwood, NSW)

The 2015 EBE NSW Annual General Meeting will be held on 7th December 2015 at 6pm at Club Burwood RSL (96 Shaftesbury Road, Burwood NSW). All members of EBE NSW are welcome and eligible to attend. See below for a copy of the 2015 EBE NSW agenda and other documents related to the AGM. Members are encouraged to consider nominating as a member of the EBE Board of Directors. More details are available in the “President’s 2015 EBE NSW AGM Letter” below.

Latest issue of “The EBE Journal – Journal of the Economics and Business Educators NSW” now available



The latest issue of The EBE Journal – Journal of the Economics and Business Educators NSW (Issue 1 — 2015) is now available in the members section of the website. EBE members must must login to access the latest EBE Journal. Past issues of “The EBE Journal” are also in the members section.

Articles include:

  • President’s Report – Joe Alvaro
  • EBE NSW News
  • Economics and Business News Bites – Compiled by Joe Alvaro, Marist College North Shore
  • Legal News Bites – Compiled by Joe Alvaro, Marist College North Shore
  • Case Study: Marketing at Skydive the Beach and Beyond – Courtney Butler, Assistant Chief Operating Officer
  • Active Reading in Business Studies – Patricia Smith, Monte Sant’ Angelo Mercy College, North Sydney
  • The Impact of Income and Trade on the Environment – Dr Ying Liu, S P Jain School of Global Management
  • Nurturing entrepreneurship and financial literacy – The $20 Boss – Georgie Swan, Foundation for Young Australians
  • 20 Common Grammar & Spelling Errors in Student Written Responses – Joe Alvaro, Marist College North Shore
  • Excursion to Maitland Gaol – Reflection and Worksheet – Mandy-Jane Doyle, Brigidine College, St Ives
  • Experiential Learning in Stage 5 Commerce: Running a Business and Promoting & Selling – Glenn Walker, Knox Grammar School
  • Cornell Note Taking Applied To Business Studies & Commerce – Nick Gliddon, Knox Grammar School
  • A Greek Tragedy? – John Lodewijks, S P Jain School of Global Management
  • Australian International School Teacher Profile – Ms Carmen Fitzpatrick
  • ASX Schools Sharemarket Game 1, 2015 – Volatile markets make a tough Game – Amanda Mior, ASX Sharemarket Game Coordinator
  • Winner – Angus Wither, Wesley College, South Perth, WA 2014 Division 1 (Individual) Australasian CPA Plan Your Own Enterprise Competition

Teaching awards closing soon!

CommBank’s Teaching Awards recognise and reward teachers from schools across Australia who are making an outstanding contribution to developing the essential money management skills of their students.

If you are a teacher of Kindergarten to Year 12 and teaching your students’ money management skills you can apply for a Teaching Award. There are 15 awards of $10,000 for each teacher to invest in their school’s financial education program. In addition, each winning teacher will receive a personal reward of $2,000.

For further information go to https://www.teachingawards.com.au

Applications close on 27th July 2015.

Have your say! Register to vote in the 2015 Quality Teaching Council election

Quality Teaching Council (QTC) elections for the eleven practising teacher/principal positions will take place in the second half of 2015The QTC plays a pivotal role in shaping the future of the teaching profession in NSW. Council members, who are either elected by their peers or appointed by the Minister, are directly involved in developing teacher accreditation policy in NSW. The QTC provides advice to the Board of Studies,Teaching and Educational Standards on a range of matters related to teacher accreditation. The Council also recommends initial teacher education programs for endorsement and endorses providers of continuing professional development for teachers. (See http://www.nswteachers.nsw.edu.au/about-us/quality-teaching-council-qtc/council-members/ for current membership of the Council and further information)

To vote in the QTC Council elections teachers need to be registered on the electoral roll. Teachers who are accredited with an active accreditation status are automatically included on the electoral roll. Others (‘existing teachers’) need to register to be included on the electoral roll. To check your eligibility and to register to vote go to the BOSTES Teacher Accreditation website http://www.nswteachers.nsw.edu.au/about-us/news/qtc-elections/.

For more information contact Julie-Anne Scott, Liaison Officer BOSTES
Email: julie-anne.scott@bostes.nsw.edu.au  Phone: 02 9268 6319

For ongoing news updates on Teacher Accreditation matters subscribe to Teacher Accreditation enews http://www.nswteachers.nsw.edu.au/about-us/news/taenews/

2015 CPA Plan Your Own Enterprise (PYOE) Competition

The CPA Australia Plan Your Own Enterprise competition encourages secondary school students to apply their business education to a real life scenario.

Participants are asked to devise a creative enterprise idea and submit a business plan, explaining how their great idea could become a profitable business.

For teachers, the competition is a valuable tool to enhance the business education curriculum. For students, it helps to build valuable work and life skills.

CPA Australia partners with Business Educators Australasia to support teachers in developing the next generation of business leaders through the PYOE competition. Accounting is more than number crunching; the competition requires business insight, practical financial skills and a creative flair for problem solving.

There are two divisions (individual student entries and group entries) with fantastic prizes up for grabs. All students receive a certificate for their job portfolios.

Entries from NSW students are due Wednesday 2 September 2015 (Term 3, Week 8)

NSW winners will be recognised at the NSW PYOE awards ceremony. The national PYOE awards ceremony will be held on 14 October 2015 in Melbourne.

 More information, including the entry form, can be found here.

2014 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony – 20 October 2014

EBE NSW  recognized the Plan Your Own Enterprise ( PYOE) NSW winners at our annual  NSW awards ceremony on 20 October 2014 at the Sydney office of CPA Australia together with Mr Anthony Matis, General Manager of Education, CPA Australia. At the ceremony, prizes and certificates were awarded to the NSW student winners and their teachers. Parents were in attendance as well to celebrate the success of their child. Congratulations to  the following  winners and their teachers from NSW:
– Division 1 (Individual entry) – Emma Quoyle, Loreto Normanhurst for her business plan“Em Corp” (Teacher: Ms Alexandra Osborne).
– Division 2 (Group entry) – Nikita Chawla and Priyanka Visvalingam, MLC School for their business plan “Salty Memories” (Teacher: Ms Helen Kondos)

In the Loretto Normanhurst newsletter (24 October 2014), the Principal, Barbara Watkins, wrote:
Congratulations to Emma Quoyle of Year 11 Business Studies for being awarded 1st Place Winner of Division 1 in the NSW State Segment of the CPA Australia Plan Your Own Enterprise Competition for 2014. Each year at Loreto Normanhurst, Year 11 Business Studies students participate in the competition which encourages students to apply their business education to a real life scenario. It involves planning an innovative business idea and developing comprehensive plans that outline the future prospects for the business. Emma’s winning submission was about the establishment of ‘EmCorp’, a company which provides modified clothing for those who suffer from limited mobility. Emma will be attending the National CPA Australia 2014 Plan Your Own Enterprise Competition Presentation in Melbourne next week, and we wish her all the best.

Unique scholarship opportunity for teachers of Commerce, Economics or Business Studies

As a result of the generous support of First State Super, applications are invited for the NSW Premier’s First State Super Financial Literacy Scholarship. This $15,000 scholarship involves organisation of a study tour either within Australia or overseas, to investigate and report on effective teaching strategies for financial literacy. Research is to be completed by June 2016.

 Applications close Friday 1 May 2015

See the awards website for further information and/or contact the Premier’s Scholarships Secretariat on (02) 9836 9032 or (02) 9836 9169 for further information.

This is a fabulous opportunity. EBE Director Cheryl Brennan is a past scholarship recipient. EBE NSW is happy to provide further advice to teacher members who are interested in applying. Email us at admin@ebe.nsw.edu.au should you require assistance.

Latest issue of “The EBE Journal – Journal of the Economics and Business Educators NSW” now available



The latest issue of The EBE Journal – Journal of the Economics and Business Educators NSW (Issue 2 — 2014) is now available in the members section of the website. EBE members must must login to access the latest EBE Journal. Past issues of “The EBE Journal” are also in the members section.

Articles include:

  • President’s Report – Joe Alvaro
  • EBE NSW News
  • Economics and Business News Bites – Compiled by Joe Alvaro, Marist College North Shore
  • Legal News Bites – Compiled by Joe Alvaro, Marist College North Shore
  • Educating the Final Filter Lessons from Centro regarding Financial Literacy for Company Directors – Philip Ross – Associate Professor, School of Business, University of Western Sydney
  • Implications of the Global Financial Crisis – Dr Wilson Sy
  • The Problem with a Living Wage – James Morley, Professor of Economics and Associate Dean (Research) at UNSW Australia Business School
  • The effect of globalisation on secondary and tertiary business education – Trent Pohlmann BSc (Hons) MBA, Head of the S P Jain School of Global Management’s Sydney Campus
  • Economists’ Statement on Commonwealth Budgetary and Economic Priorities September 2014
  • Explaining the business world in HSC extended responses – Trish Weekes, Senior Lecturer in Literacy Education Australian Catholic University
  • Year 9 Commerce Travel Task – You be the travel agent – Kate Dally, Birrong Girls High School
  • Using Oral Presentations as an Assessment Technique with a Sample Assessment Task for the Commerce Topic – Employment Issues – Joe Alvaro, Marist College North Shore
  • How many students studied HSC Economics, HSC Business Studies and HSC Legal Studies in 2014? – Joe Alvaro, Marist College North Shore
  • ASX Schools Sharemarket Game 2, 2014 – Amanda Mior, Sharemarket Game Coordinator
  • 2014 Commonwealth Bank Foundation Teaching Award Winners
  • Premier’s First State Super Financial Literacy Scholarship 2013 – Elena Gray, St Patrick’s Marist College, Dundas
  • Australian International School Teacher Profile – Don Sommerville, Australian International School, Hong Kong
  • President’s Report to the 2014 Economics and Business Educators NSW Annual General Meeting (1 December 2014)
  • Economics and Business Educators NSW Financial Statements for the Year Ended 30 June 2014

2015 EBE NSW Trial HSC Examinations order form available

The order form for the 2015  EBE NSW Trial HSC Business Studies, Economics and Legal Studies examination papers is now available. Relevant past papers are also available for purchase. The examination papers have been designed by EBE Directors and include suggested answers and marking guidelines. Special discount prices apply to members of EBE NSW.

 Order form for 2015 Trial HSC papers

Economics and Business Educators NSW wins 2014 ASIC MoneySmart Week Award

On 2 September 2014, EBE NSW President, Joe Alvaro, and EBE NSW Director, Bronwyn Hession attended the Australian Securities and Investments Commission (ASIC) MoneySmart 2014 Awards Presentation Dinner to accept a Highly Commended Award for EBE NSW in the Education category on behalf of the EBE NSW Board of Directors, staff and members. The MoneySmart Week Awards recognise the outstanding achievements in financial literacy across five categories, including education. EBE NSW is proud of its work in the area of financial literacy and it was an honour to receive this award.

The award citation and judges’ comments appear below:

Economics and Business Educators (EBE NSW) has been supporting secondary teachers of financial literacy and their students on an ongoing and sustained basis since its creation in 1968. EBE NSW specialises in providing classroom and syllabus focused professional development courses for teachers of financial literacy. Designed by practicing classroom teachers and academics, these courses encourage interaction between high quality stakeholders in financial literacy and teachers who are on the frontline, teaching financial literacy in classrooms. EBE NSW has designed, conducted and evaluated professional development events focusing on financial literacy over the years, including

  • 2014 EBE Annual Conference;
  • Revamping and Resourcing Commerce; and
  • The EBE Journal – Journal of the Economics and Business Educators NSW.

The EBE NSW has also been very active in advocating for the inclusion of financial literacy in the Australian Curriculum and engaging teachers with consultation processes. As financial literacy is given increased attention in the curriculum, EBE NSW will continue to design and implement effective professional development courses using the expertise and skills of its members and its connections with stakeholders in the financial literacy sector.

Judges Comment
The Judges highly commended Economics & Business Educators NSW for the great work they are doing, and the importance of their work in the community. They have been a key player for several decades and have made a major contribution to financial literacy. Economics & Business Educators NSW have played a vital role connecting the corporate and education sectors to reinvigorate secondary school subjects and hold a respected annual conference.

EBE NSW congratulates Wingham High School who was awarded the Outstanding Achievement Award in the education category and commends the excellent work the school is doing in the area of financial literacy. And congratulations to Enactus University of Western Australia who also won a Highly Commended Award in the education category.

 For more information about the awards, visit Award Year 2014 – MoneySmart Week.

Bursaries for Business Studies Teachers to Singapore for the 13th – 15th February 2015

* Applications due by 3 February 2015 *

The S P Jain School of Global Management is offering bursaries for principals and teachers to travel to their Singapore Campus for a retreat on 13-15 February, 2015. The purpose of the retreat is to introduce people to S P Jain and provide opportunities to meet and network with other teachers from around the world. The bursaries would cover return airfares up to $1,300 per person and three nights’ accommodation in Singapore.
 
S P Jain is an Australian-based higher education provider offering undergraduate and postgraduate business degrees. Whilst it has a campus in Sydney, S P Jain believes it is important to show key personnel from high schools their other locations, given their students are required to study in three different countries (Singapore, United Arab Emirates (Dubai) and Australia (Sydney) to complete their degrees.
 
Interested persons need to email Biljana Vojdanoska (biljana@spjain.org) to express their interest in the attending the retreat under a bursary.  Responses should very briefly mention why students of that particular high school would be good candidates for an international degree program like ours. Responses are due by 12:00pm Tuesday, 3 February 2015.

For more information about the SP Jain School of Global Management, visit www.spjain.org.

ACARA releases Economics and Business Curriculum 

The Australian Curriculum, Assessment and Reporting Authority (ACARA) has released the Australian Curriculum for Economics and Business describing it as ‘available for use’, pending approval post the Australian Governments current Review of the Australian Curriculum. The Executive Committees of EBE NSW and Business Educators Australasia have both submitted responses to the review, seeing it as an opportunity to restate key issues raised by members during the consultation on the draft curriculum in 2013. The Board of Studies, Teaching and Educational Standards NSW has not yet revealed its planning in relation to HSIE K- 6, Commerce 7 – 10 or Stage 6 Economics and Business Studies in NSW schools, other than restating that schools should follow the current syllabuses.

EBE NSW Webinar on the ACARA Draft Years 5-10 Australian Curriculum: Economics and Business

On 18 June 2013 EBE NSW held a webinar on the Australian Curriculum, Assessment and Reporting Authority (ACARA) Draft Years 5-10 Australian Curriculum: Economics and Business (the draft curriculum can be accessed on the ACARA website). Participants were able to hear from EBE NSW Director Professor John Lodewijks who gave an overview of the draft curriculum, as well ask questions and offer feedback.
 Listen to the webinar (Requires Flash Player 10.3 or above) 

EBE NSW Webinar on the ACARA Draft Shape of the Australian Curriculum: Economics and Business

On 10 September 2012 EBE NSW held a webinar on the Australian Curriculum, Assessment and Reporting Authority (ACARA) Draft Shape of the Australian Curriculum: Economics and Business ( this document can be accessed on the ACARA website).  Participants were able to hear from EBE NSW Director Professor John Lodewijks who gave an overview of the Draft Shape of the Australian Curriculum: Economics and Business. Participants were also able to ask questions, give feedback and answer poll questions. The webinar recording can be accessed by clicking on the link below:
 Listen to the webinar (Requires Flash Player 10.3 or above) 
 Poll questions and the results from the webinar

EBE NSW President interviewed by the Business Spectator about the declining number of students studying Economics

EBE NSW President, Joe Alvaro, was interviewed for the article, “Retuning Australia’s Economic Debate” by John Conroy (Business Spectator, 1 June 2012) which looked at the declining number of students studying Economics .

 Read the full article here.

The full article was also reprinted in “The EBE Journal – Journal of the Economics and Business Educators NSW” ( Issue 2, 2012) which can be found in the members section of the website.

EBE NSW Directors interviewed by The Sydney Morning Herald about financial literacy

EBE NSW Directors Joe Alvaro and Liz Criddle were interviewed by the Sydney Morning Herald for the article “Financial guidance on the money” (1-2 October 2011).

 Read the full article here.

EBE NSW Board of Directors

As a result of the elections held as part of the EBE NSW Annual General Meeting on 1 December 2015, a new Board of Directors has been elected.

The Board of Directors for 2015/2016 are:

President: Mr Joe Alvaro (Marist College North Shore)
Vice President: Ms Cheryl Brennan (Illawarra Christian School)
Vice President: Ms Kate Dally (Birrong Girls High School)
Treasurer: Mr Glenn Walker (Knox Grammar School)
Director: Mr Andrew Athavle (William Carey Christian School)
Director: Mr Greg Hannelly (St Edward’s College)
Director: Ms Bronwyn Hession (Board of Studies, Teaching and Educational Standards NSW)
Director: Ms Kate Keeley (The University of Sydney)
Director: Ms Mai Ni Pham (Young High School)
Director: Ms Anna Tsoutsa (Auburn Girls High School)
Director: Mr Nicholas Ward (Ryde Secondary College)

  • The President’s Report to the 2015 EBE NSW AGM can be accessed here.
  • The EBE NSW Financial Statements for the year ended 30 June 2015 can be accessed here.

The Board of Directors meet twice during each school term. If you have any questions and/or suggestions that you would like the Board to consider at their next meeting, please email admin@ebe.nsw.edu.au.