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Vale Mike Horsley

Mike HorsleyEconomics and Business Educators NSW lost a fine colleague and special friend on Friday 2 September 2016. Mike Horsley passed away at Noosa Private Hospital, Queensland after a very long and brave fight for over two years against a vicious and relentless cancer.

As President of EBE NSW from 2004 and later as Director, Mike drove significant reforms of the association, leading to a focus on research and evidence based approaches to professional learning. He encouraged expansion of the association’s activities to include support for teachers in regional areas, teachers in pre-service training, and those new to the profession

Mike’s colleagues, friends and past pupils remember his passion, drive, humour, generosity and appropriately healthy dislike of bureaucracy. Our sense of loss is enormous but Mike’s legacy is everlasting. Our thoughts are especially with Mike’s family at this very sad time.

In a future edition of “The EBE journal – Journal of the Economics and Business Educators NSW” there will be a special tribute to Mike. Members and friends are invited to email memories and tributes to: admin@ebe.nsw.edu.au.

Latest EBE eNewsletter (14 February 2017) now available

Click here to read the latest EBE eNewsletter.


2017 CPA Australia 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.

Working individually or in small groups, 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. Accounting is more than number crunching - the competition requires business insight, practical financial skills and a creative flair for problem solving - all of which are hallmarks of the CPA designation.

Economics and Business Educators NSW runs the competition in NSW.

To enter, students need to devise a creative enterprise idea and submit a 3000 word business plan, explaining how their great idea could become a profitable business.  The competition has two divisions with fantastic prizes up for grabs:

  • Division one – Open to individual student entries, submitted by students of any age, attending a registered secondary school.
  • Division two – Group entries (maximum of six students), submitted by students of any age, attending a registered secondary school.

NSW entries are due by Friday 1 September 2017 (Term 3, Week 7). These will be marked, and finalists in both divisions will be invited to the NSW Awards Ceremony. At this awards ceremony, the winner in each division will be announced. The NSW Division One winner will receive an iPad mini 4 Wi-Fi 128GB (valued at $579). Certificates and other prizes will also be awarded.

The Division One winner will then be flown to Melbourne for the National Awards Ceremony on Tuesday 10 October 2017. They will join the Division One finalists from the other states and territories of Australia. The Division One finalists will be required to personally present their plan to a panel of judges. The national Division One winner will be announced at the National Awards Ceremony.

This competition can be incorporated into assessment tasks for both Commerce (Option 11: Running a Business) and Year 11 Business Studies (Topic: Business planning). Click here for a sample assessment task. Email EBE NSW if you would like a Microsoft Word version of the sample assessment task.

All students who enter the competition will receive a Certificate of Participation for their job portfolios.

>> 2017 PYOE competition brochure

>>Tips for creating a winning plan

>> See the article available to EBE NSW members -  “Student2Student: How to Overcome the Pitfalls of Business Planning" by Sarah Matthias (Division 1 Winner of CPA Australia Plan Your Own Enterprise Competition 2016) in “The EBE Journal – Journal of the Economics and Business Educators NSW” – Issue 2, 2016

Tax, Super + You Competition for students in Years 7-10

Are you a high school student in Year 7 – 10? Are you creative genius who can create an innovative way to generate buzz about tax and super? You are?! Great – this competition sounds perfect for you!

You are invited to think outside the box and pitch your ideas on how you would tell your friends about the value of tax and super in the community. You can Write It, Make It or Film It. Don’t worry you don’t have to be a tax guru to take part! You will not only get an insight into the value of tax and super, but you could also have the chance to win a share of $4,000 in prizes! Your creative idea could even be used in a national campaign.

Entries close on Friday 3 November 2017.

Suggested topics include:

  • Taxes collected are used to help your local sports grounds, parks and recreation centres.
  • Taxes are used to help the community meet the cost of healthcare.
  • The more super you save now will allow you to live comfortably in retirement later.
  • You can choose how actively you would like to be involved in your super account:
    • You can use a super fund or set up a self-managed super fund.
    • You can pay more into you super, access government contributions and other benefits.

>> Further information

2017 ASX Schools Sharemarket Game (Game 2 begins on 20 July 2017)

While you teach your students about investing and the Sharemarket, they can put into practice what they are learning by playing the Sharemarket Game. Students receive a virtual $50,000 they can invest over a 10 week period, in 200 companies listed on the ASX. The prices students buy and sell at are the same prices as they would get in the live market so this is as close to real life share trading as you can get.

As a result of playing the Game your students will:

  • Develop their knowledge of the sharemarket.
  • Learn how to research companies.
  • Discover the importance of wise investment decisions.
  • Gain a greater knowledge of economic and world events.
  • Begin to learn more about investing which is beneficial for their future.

>> Registrations open for Game 2 - 2017 : 20 July 2017
>> Game 2 dates: 17 August 2017 - 25 October 2017

There are teacher lesson plans and resources available once you register for the Game. If you would like to access the resources prior to registrations opening, please request via school.smg@asx.com.au.

There are reports about past winners (including strategies they used when playing the game)  in past editions of The EBE Journal - Journal of the Economics and Business Educators NSW. Economics and Business Educators NSW members can access the journals through the members section of the EBE NSW website.

>> Further information

UTS Business School HSC Economics and HSC Business Studies Workshop for Students 

Date: Saturday 22 July 2017
Time: 9am - 1pm
Venue: University of Technology Sydney (UTS), Sydney City - Haymarket - CB08 Dr Chau Chak Wing Building, Building 8, Level 2 Auditorium

UTS Business School is hosting a workshop for students studying HSC Economics and/or HSC Business Studies. The workshop will feature three lectures, providing students with in depth knowledge as they prepare for trial HSC and HSC examinations.

Sessions include:

  • The economics of disruption: is the share economy innovating or undermining market structures?
  • Current and future challenges for Australia’s external stability
  • Limitations of financial reports.

>> Further details

HSC Economics Study Day for HSC Economics Students and Teachers 

Aurora College is providing an opportunity for HSC Economics classes  to connect and revise with other students from across the state. Presenters will focus on HSC Economics examination technique and up to date information on the HSC Economics course content. Students will have the opportunity to ask questions and seek answers in real time.

Note: This HSC Economics study day is now being made available to students and teachers in government and non-government schools located anywhere in NSW.

Date:                    Thursday 27 July, 2017
Time:                    9:00am - 3:15pm
Location:             Online via Adobe Connect. Materials and URL will be emailed to participating schools prior to the event and will also be available for download during day.
Cost: $50 for a teacher registering for a class/school

>> To register go to the ‘Learn With Us’ tab on the Aurora website 

Registration closes on Thursday 20 July, 2017

Program  

Time

Session

9:00 – 9:15am

Welcome and introduction
Kate Thompson, Aurora College

9:15 – 10:00

Moving up a mark range
Richard Nikolovski, Georges River College, Oatley Senior Campus

10:00 – 11:00

Topic 1 – The Global Economy
Ross Gittins, Economics Editor, Sydney Morning Herald

11:00 – 11:20

Morning tea break

11:20 – 12:20pm

Topic 2 – Australia’s place in the global economy
Richard Nikolovski, Georges River College, Oatley Senior Campus

12:20 – 1:20

Topic 3 – Economic Issues
Natalie O’Donnell, Sydney Girls High School

1:20 – 2:00

Lunch break & opportunity for questions
Natalie O’Donnell, Sydney Girls High School

2:00 – 3:00

Topic 4 – Economic Policies and management
Jessica Irvine, Senior Economics Writer, Sydney Morning Herald

3:00 – 3:15

Q&A and wrap up
Jessica Irvine and Kate Thompson

For more information email Kate Thompson, Head Teacher - Teaching and Learning at Aurora College.

EBE NSW 2017 Membership

2017 membership forms for new members are now available in the "Membership" section of the EBE NSW website. Membership renewal forms for existing members have been posted. Please contact the EBE NSW Office if you have not received a membership renewal form.

Membership categories include:

* Individual
* Individual (with Remote Rebate)
* School/Library
* Business/Corporate
* Concessional (for casual/temporary teachers, retired teachers and student teachers)

Please note - your membership fee may be tax deductible.

Click here for EBE NSW membership benefits.

"In Conversation with Alex Malley" - Sundays at 10am on the Nine Network

In Conversation with Alex Malley returns for its third season on 19 February 2017 at 10am on the Nine Network.

Following on from the tremendous success of three seasons of The Bottom Line, In Conversation with Alex Malley reveals the moving life stories of influential leaders. The inspiring, thought-provoking guests discuss their big lives and how they’ve made a real difference, through conversations with Alex.

Eight leaders will feature in season three including: former Australian cricket captain Michael Clark, the 107th Mayor of New York City Rudy Giuliani, gymnastics champion Nadia Comaneci, Australian Senator and media personality Derryn Hinch, legendary actor and bestselling children’s author Henry Winkler, Australian-born former NASA astronaut Andy Thomas, Australia’s first lady of racing Gai Waterhouse and Domino’s CEO Don Meij.

Click on each leader above for more information.

EBE Journal Issue 2 2016Latest 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 — 2016) is now available in the members section of the website. EBE members must login to access the latest EBE Journal. Past issues of "The EBE Journal" are also in the members section.

Contents

  • President’s Report
  • EBE NSW News
  • 2016 EBE NSW CPA Plan Your Own Enterprise Competition
  • PYOE NSW Divison 1 winner successful at the 2016 national awards ceremony (national Division 1 winner)
  • Student2Student: How to Overcome the Pitfalls of Business Planning by Sarah Matthias (Division 1 Winner of CPA Australia Plan Your Own Enterprise Competition 2016)
  • A Challenging ASX Schools Sharemarket Game
  • Barry Collier OAM by Murray Trembath, St George & Sutherland Shire Leader
  • Economics Candidature Update by Mai Ni Pham, EBE NSW Director, Hurlstone Agricultural High School
  • How economics lost its identity in Australia, and how to get it back by Gigi Foster, Senior Lecturer, UNSW
  • Promoting community connections and confident creative individuals: Preliminary Business Studies Assessment Task. Developed by Cath McIntyre, Orara High School
  • Trade New Ideas for Old by Wendy Mockler-Giles, Lumen Christi Catholic College, Pambula Beach
  • Law in Practice – Class Project by Lauren Imber, Georges River Grammar, Georges Hall
  • What is critical thinking? And do universities really teach it? by Martin Davies, Principal Fellow/Associate Professor in Higher Education, University of Melbourne
  • Ng Way! Interior designer, theatre manager, human rights advocate and educator
  • Australian Council for Human Rights Education by Lynda-ann Blanchard, Vice President ACHRE
  • Guided reciprocal peer questioning by Elly Klappas, Hurlstone Agricultural High School
  • Economics and Business Educators NSW Survey: Reserve Bank of Australia support for teachers of Economics by Nicholas Ward, EBE NSW Director, Ryde Secondary College and Bronwyn Hession, EBE NSW Director
  • Understanding Social Enterprise with The Big Issue Classroom by Melissa Walsh and Sam Clark, The Big Issue Classroom
  • Vale Mike Horsley by Bronwyn Hession
  • Book Review – “Know Accounting Graphically” by Mike Darlow
  • Balance Charts: A New Way to Teach Accounting Basics by Mike Darlow
  • President’s Report to the 2016 EBE NSW Annual General Meeting
  • 2017 EBE NSW Economics Update Conference information

Back issues of the "The EBE Journal - Journal of the Economics and Business Educators NSW" are also  available in the members section of this website and contain useful teaching and learning resources.

2016 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony – 5 October 2016


2016 PYOE NSW  Awards Ceremony

EBE NSW  recognized the Plan Your Own Enterprise (PYOE) NSW winners at the annual  NSW awards ceremony on 5 October 2016 at the Sydney office of CPA Australia together with Mr Joshua Ang, Relationship Manager – Education and Business Development, CPA Australia. At the ceremony, prizes and certificates were awarded to the NSW student winners and their schools. Parents were in attendance as well to celebrate the success of their child, as well as teachers. Congratulations to the following winners and their teachers from NSW:

  • Division 1 (Individual entry) – Sarah Matthias from Loreto Normanhurst for her business plan “Waffles on Wheels” (Teacher: Mr Matt Kohlhagen)
  • Division 2 (Group entry) – Ashna Kapoor, Anna Michael and Ashley Oliver-Sjahry from MLC School Burwood for their business plan “ZIPCharge” (Teacher: Ms Allison McCulloch). 


2016 PYOE NSW Division One winner, Sarah Matthias (centre) at the 2016 PYOE NSW Awards Ceremony with EBE NSW President, Joe Alvaro (left) and Joshua Ang, Relationship Manager – Education and Business Development, CPA Australia (right)


2016 PYOE NSW Division Two winners at the 2016 NSW Awards Ceremony – From left - Ashley Oliver-Sjahry (Division Two Winner), EBE NSW President, Joe Alvaro, Anna Michael (Division Two Winner), Teacher of Division Two Winners – Allison McCulloch and Joshua Ang, Relationship Manager – Education and Business Development, CPA Australia (far right)
Absent: Ashna Kapoor (Division Two Winner)

Thank you to all the students who entered the competition this year and the teachers who inspired and encouraged their students to enter this prestigious competition. Each student who participated received a Certificate of Participation signed by Mr Graeme Wade FCPA, President CPA Australia and Mr Tony Kuc, President Business Educators Australasia.

Thank you to the students, their families and teachers for attending the presentation at the CPA Sydney Head Office.

Thank you to our EBE NSW Director, Nicholas Ward, for taking on the role of PYOE NSW Coordinator this year and for all his time and effort in ensuring the competition in NSW was a success.
EBE NSW also thanks Business Educators Australasia and CPA Australia for their continuing support of this competition.

Congratulations to all the winners. Be sure to incorporate the PYOE competition into your Commerce and/or Business Studies teaching and learning program in 2016.


PYOE NSW finalists at the 2016 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony – 5 October 2016

2016 PYOE NSW Competition Finalists

Division One

ABCD Sitting and Boarding
Alexandra White
Illawarra Christian School, Mrs. Brennan

Bread and Butter Bus

Danica Em
Hurlstone Agricultural High School, Mr. Nikolovski

Break It Up
Tuong-Anh Chu
Hurlstone Agricultural High School, Mr. Nikolovski

Inbound Greyhounds
Nicholas Borovik
St Patrick's Marist College, Dundas, Mr. Moussa

Stitch and Tie
Christopher Trinh
Hurlstone Agricultural High School, Mr. Nikolovski

Study-Aid
Kim Nguyen
Hurlstone Agricultural High School, Mr. Nikolovski

Tampost
Faith Felipe
Loreto Normanhurst, Mr. Kohlhagen

The Helping Hand Café
Annie Xiao
Tara Anglican School for Girls, Mr. Swainson

The Little Runner
Phoebe Smith
St Francis Xavier’s College, Ms White

Waffles on Wheels
Sarah Matthias
Loreto Normanhurst, Mr. Kohlhagen

Division Two

Buruwang
Jack Bucknell, Edward Collard, & Oliver Dixon
Sydney Church of England Grammar School (SHORE), Mr Ronald

Hello Box
Nicole Healey, Josie Lam, & Jennifer Tang
MLC School, Mr Condoleon

ORIGEN
Valavan Chanthiran, Aland Goran, Leo Li, & Carter Opperman
Sydney Boys High School, Mr Dolan

Wow Towel
Olivia Attenborough-Doyle, Cameron Bartrim, Gemma Borra, & Jordan Ristuccia
Tweed River High School, Mr Lambert and Ms Perkins

ZIPCharge
Ashna Kapoor, Anna Michael, & Ashley Oliver-Sjahry
MLC School, Ms McCulloch

NSW Division 1 Winner successful at the 2016 CPA Plan Your Own Enterprise Competition National Awards Ceremony – 13 October 2016

The Plan Your Own Enterprise Competition NSW Division 1 winner, Sarah Matthias, represented NSW at the national PYOE awards ceremony in Melbourne on 13 October 2016 held by Business Educators Australasia. Sarah was flown to Melbourne for the national awards ceremony and joined the division one finalists from the other states and territories of Australia. Sarah was successful in being the national Division 1 winner. Well done to Sarah on this significant achievement at a national level.

The Division 2 winner at the national level was won by James He and Anthony Vanderkop from The Hutchins School, Tasmania for their business plan, “Swavoury Crepes”.

EBE NSW congratulates the 2016 PYOE national winners.


 Sarah Matthias, National 2016 PYOE  Division 1 winner (left) receiving her award from CPA Australia’s Jesse Moors (right)

2017 EBE NSW Trial HSC Examinations order form available 

The order form for the 2017 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 2017 EBE NSW Trial HSC examination papers

Article about the 2016 EBE NSW Legal Update Conference

The article "Legals enthrall delegates at EBE NSW event" by Sarah Duggan - 1 February 2017 (about the 2016 EBE NSW Legal Update Conference) is available here.

Economics and Business Educators NSW wins 2014 ASIC MoneySmart Week Award

Money Smart 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.

EBE NSW President, Joe Alvaro, receiving a 2014 ASIC MoneySmart Week Award for EBE NSW


EBE NSW President, Joe Alvaro (far right), receiving a 2014 ASIC MoneySmart Week Award for EBE NSW


EBE NSW President, Joe Alvaro (right) and EBE NSW Director Bronwyn Hession (left) with the 2014 ASIC MoneySmart Week Award for EBE NSW

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.

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