We have a new name
The management company for the Eastcoast Trust has changed its name – Eastcoast Timeshare Pty. Ltd. is now known as Eastcoast Vacations Pty. Ltd. Subsequently our email and web addresses have changed. Please make the following changes to your contacts/ favorites.
Email: info@eastcoastvacations.com.au
Web: www.eastcoastvacations.com.au
The personnel are still the same – Anne Burns at your member services office and Dennis Grimes at administration.
Resort News
Bayview Apartments – Cowes
The apartments at Bayview are receiving some tender loving care. The outside of the buildings are being painted in a modern neutral colour. Karen has provided this photo but is disappointed that her beloved roses are not in bloom to really show off the contrast. The gardens have been assessed by a garden designer with a view to a future makeover which should further enhance the property. New bedspreads and blankets are now in use in all apartments and Karen is thrilled with her office make-over which includes new curtains, carpet, a brand new desk and air-conditioning. We are sure you will notice an all around improvement when next you visit.
We still have apartments available over the next few months so why not get down to Phillip Island and enjoy the peace and quiet of winter on the Island? Call Anne at member services to book your owner week or a bonus week/weekend or midweek getaway.
Golden Leaf Apartments – Caloundra
Golden Leaf has had two apartments’ fully refurbished – new beds, sofas, carpets etc. All apartments have new bedspreads and blankets. The property’s switchboards have had a full upgrade. Our manager, Barbara tells me she has been authorised to get some extra gardening works done so we will look out for some photo’s in our next newsletter. Limited availability at Golden Leaf over the next three months – call Anne quickly if you are interested in bookings.
Manly National Apartments – Manly
New curtains and sofa beds have been installed in the lounges and new cook tops installed in the kitchens of all six Eastcoast apartments. In addition all apartments have new bedspreads and linen. With the recent refurbishment of the bathrooms the apartments at Manly are looking good. The Body Corporate is in the process of replacing all the external doors in the building (the sliding doors onto the balconies) and even though a levy has been raised to facilitate this we agree that the works are essential. If you have not been to Manly National for some years you will notice a big difference to the exterior of the building and the foyer. Availability is very limited for the remainder of 2010 so call Anne soon if you wish to stay this year.
Allocate your 2010 week now!
Where does the time go? Now is the time to decide what to do with your 2010 holiday week entitlement. If you wish to make a booking in the remaining 6 months get on to it soon to avoid disappointment. If you have decided that you cannot take a holiday this year let us know that you wish to save your week/s for use in future years. You can deposit your week/s with DAE, RCI or HC Direct. Need advice on which exchange company suits your needs? Call Anne at your member services to discuss.
Timeshare Schemes and GST
An interesting thing happened the other day.
As many of you might know the Timeshare Industry is regulated by the Government by means of the Managed Investments Act. There has been much debate between the industry and the Government about whether that is appropriate but the Government has refused to budge on this point. As a result the large Timeshare schemes began questioning the Tax Office about the requirement for the industry to collect and pay GST seeing the Government has decreed the Industry to be a financial product. The end result; the Tax office made a ruling that GST would no longer be applicable to the Timeshare Industry.
As we had not been party to the discussions the ruling caught us by surprise and means we have had to do several things to ensure we remain financially stable.
The ruling, in effect says we can neither charge you, the owner, GST nor can we claim it back from the Tax Office. The result is that we have to effectively pay back all GST collected on this years fees. However as we can no longer claim the GST portion of the expenditure back from the Tax Office refunding the GST would leave a large shortfall in our required funding for the year because the GST refund we normally get from all our expenditure would disappear. As a matter of necessity the Board has had to strike a special, one off, levy to cover the 2010 funding shortfall this tax ruling generates.
It is probably no surprise to learn that the levy amount is exactly the same as the GST refund and the bookkeeping will be handled internally so I hate to say it there is no cheque in the mail. The GST you have paid will be put directly against the levy.
In effect, this change is a book keeping exercise and makes no real difference to our operations overall. It will simplify our book keeping into the future, but creates a large workload for this year as we adjust all accounts to reflect this change of methodology.
School Holidays 2011/2012
Need to take your holidays in the school holidays? If you have not already done so now is the time to place requests for 1st, 2nd and 3rd term holidays 2011 and Dec/Jan holidays 2012. Remember the old saying –’the early bird catches the worm’. Victorian/NSW Public Schools Holidays: 8th – 26th April 2011, 1st – 16th July 2011, 23rd Sept – 10th Oct, 22nd Dec 2011 – 1st Feb 2012 For all States school holiday dates go to – http://australia.gov.au/topics/australian-facts-and-figures/school-term-dates
Sunraysia Resort, Mildura
www.sunraysia-resort.com.au
Get up to Mildura and enjoy the winter sun. Call Anne to arrange an exchange for $115 per week.
I recently stayed at Sunraysia with my mum and sisters where we had a great holiday. The resort has great facilities and the accommodation is excellent. We golfed, ate, shopped and relaxed! We flew up with Qantas (approx. $180 pp return incl. luggage) which took only one hour. Upon arrival we picked up a hire car for our 4 day stay. There is so much to do in the area and you can plan in advance by checking out the website www.visitmildura.com.au.
Call or email Anne at member services for bonus weeks, exchange holidays or just some general advice. Anne can book holidays on your behalf with DAE and HC Direct at no extra cost. Member Services office hours: Monday –Friday 9.00am to 5.00pm. Anne works alone so please leave a message if you get the answering machine when you call she is probably not that far away but has to leave the desk sometimes! Please make sure you speak slowly when leaving your message and return phone number to ensure your return call.
Eastcoast Vacations Pty Ltd, PO Box 373, Rye, Vic, 3941
Ph: 03 5985 6166
Web: www.eastcoastvacations.com.au
Email: info@eastcoastvacations.com.au
Eastcoast Vacations Pty. Ltd. is a proud member of the Australian Timeshare and Holiday Owners Council (ATHOC)
 Newsletter RSS feed
Archives:
Eastcoast News July 2010
Eastcoast News February 2010
Eastcoast News November 2009
Time Out May 2009
Time Out December 2008
Time Out June 2008
Time Out December 2007
Time Out July 2007
Time Out April 2007
|
