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THE LIGHTER NOTE

National tourism award wins TWO Western Australian tourism businesses, the Augusta- Margaret River Association and Faraway Bay, both won a prestigious 2007 Qantas Australian Tourism Award, held in Canberra last week. The Augusta-Margaret River Association was rewarded in the category of visitor information services. Faraway Bay, on the state’s remote Kimberley coastline, was honoured in the unique accommodation category for its secluded cliff-top cabins. Establishing financial futures THE University of Western Australia Centenary Trust for Women is holding an auction for various financial services in a bid to help young people establish their financial future. This initiative plans to introduce protégés (people under 35) to early personal wealth management through financial services vouchers donated by Perth-based wealth management companies. Anyone can bid for these packages, however they can only be redeemable by people 35 years of age or younger. Packages worth up to $20,000 are on offer. Palandri details emerge SOME further detail about ailing wine group Palandri Ltd was revealed with the release of a report to creditors by the administrators of its funding arm, Palandri Finance Ltd. According to the report, Palandri Finance has liabilities totalling $25.7 million. Liabilities linked to the Queensland Public Trustee, the key creditor which pushed for administrators to be brought in, amounted to around $16 million while Sydney financial group Keybridge Capital was owed $4.3 million.

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