here&now

Recent Posts

  • Exciting milestone on the horizon
  • Have a vote - it's your credit union
  • Unseen milestone in merger
  • Blog post – Community Lottery delivers for non-profits
  • New campaign to boost our profile

Recent Comments

  • Peter Evers on Unseen milestone in merger
  • David Poland on Unseen milestone in merger
  • Chairman on Blog post – Community Lottery delivers for non-profits
  • Savings & Loans on Woolworths reducing card choice
  • Kate Jones on Woolworths reducing card choice

Cycling might be just the thing we've been looking for

One thing I'll always commend the Savings & Loans staff on is the way that they embrace new ideas and the passion they have for getting behind worthwhile initiatives. The hundreds of hours they spend volunteering every year is obviously a great example of this, as is the enthusiasm everyone at Savings & Loans has shown to becoming more environmentally-conscious in the workplace: anyone caught leaving a light on in their office is very quickly brought back into line!

Sometimes the deep interest of our staff is unintended, but still very much welcome. When we started sponsoring the Savings & Loans Cycling Team we had no idea of the direction the team would take. In the past few years they’ve moved from a group of amateur riders taking on mainly state-based competition to a professional outfit that has just returned from racing in Japan.

On top of this, many of our staff have taken a keen interest in cycling – both in the recreational and commuting sense. We’ve had groups of staff members take on the Savings & Loans Coast to Coast, events with the Tour Down Under and the epic Around the Bay in a Day. There’s also a growing number of staff riding their bikes into work, which has more benefits than you might realise at first.

One of the cyclists at work sent me a link to a news story a month or so ago about a report that states cycling saves taxpayers more than $290 million a year in terms of health and traffic costs. Now these are obviously some big numbers and I haven’t had time to read the full report but even if the savings are half those listed, getting on the bike could become more important and common as things happen.

You only have to look at the popularity of the Tour de France to see how big cycling is in some parts of the world. And with names like Robbie McEwen and Cadel Evans making headlines here and overseas, it looks like things can only get bigger.

Australians seem to be catching on to the cycling bug, with events like the Tour Down Under and Herald Sun Tour bringing some of the best teams in the world to our shores. I know there’s been discussion lately about tensions in the ProTour, of which the TDU is a part, but I don’t think that will have a big impact on people taking up the sport recreationally.

Infrastructure is obviously an important factor in encouraging people to get use their bikes more. There just aren’t enough bike lanes and cyclists need to be on their toes (figuratively speaking) when riding through city streets. Also, I’ve often wondered what road designers think cyclists are meant to do when bike lanes come to an end – are they expected to turn around and go back to where they came from?

Workplaces need to make accommodation for cyclists, too. Obvious facilities such as bike racks and emergency tool kits need to be available, but if cycling becomes more popular in a workplace then extra changing room and locker facilities are also required. Maybe employers need to become more flexible with start and finish times so their staff can get to work a little later in the morning, or earlier so they’re not riding home in the dark?

Of course, as well as the health benefits of getting more exercise – something many of us could take on board – riding a bike for transport rather than recreation could help relieve some of the pressure of rising fuel prices. It’s probably not practical for doing the weekly shopping (unless you attach a small trailer!) but for short trips it could be perfect. I’m sure we’ve all seen cyclists overtaking us as we’re waiting at traffic lights on the way to work!

Cycling to work obviously isn’t a possibility for everyone (or even in all seasons). I know that a 50km round trip in the wind and rain isn’t really appealing for most people, and your options are severely limited if you live in the outer suburbs. If you ride to work, what are some tips you can offer others?

If you don’t jump on a bike to commute, what do you think could make you change your mind?

Posted on July 17, 2008 at 08:36 AM in Rising petrol prices, Savings & Loans and our workforce, The Environment | Permalink | Comments (8)

Technorati Tags: bicycle, bike, cycling, cycling team, herald sun tour, petrol, tour down under, workplace

Petrol prices hitting hard

I was looking through one of the old Quick Polls on the Savings & Loans website the other day about household budgeting.

The question was ‘What is having the biggest impact on your household budget: interest rates, food costs, health insurance premiums or petrol prices?’ 51% of people surveyed said that petrol prices were having the biggest impact on their budget. And it’s not hard to see why.

Petrol is regularly over $1.40 a litre and we’re all feeling it. While public transport is a great way of getting around, it doesn’t suit all of us, particularly if you don’t live on a bus route or you work odd hours.

It doesn’t look like there’s any relief in sight, either. We need to come to terms with the price of petrol and try to work out ways of cutting down on how much fuel we’re using. Car pooling is a great way of doing this. Or maybe you might want to consider driving a smaller car? If you want to compare how much fuel you car uses compared to other models, the Federal Government’s Green Car Guide ranks every car sold in Australiain terms of fuel consumption and environmental friendliness.

I’m not looking to give anyone a free plug, but I’ve just bought a Smart Car and I’ve noticed a considerable difference in my fuel bill. Going to work by myself every day didn’t really justify using a big family sedan. I understand that buying a new car is a big commitment and Smarts aren’t for everyone, but it is an example of the steps we can take to help ourselves.

And I know this might sound like a sales pitch (trust me, that’s not what I’m looking to do) but a lot of financial institutions (like Savings & Loans) reward their customers for buying fuel-efficient cars. Maybe it’s time Australians started looking beyond bigger cars that chew through the petrol and looked towards more fuel-efficient models?

Which brings me on to another point. Using less petrol doesn’t just save us money, but it helps us the environment, too. We should all be looking for ways to help the environment and lessen our impact. Maybe cutting down the damage we’re doing to the environment is an upside to the higher price of fuel?

I’d love to hear ways that you’re cutting down on the amount of petrol you’re using.

Posted on August 25, 2006 at 02:30 PM in Rising petrol prices | Permalink | Comments (2)

Visit savingsloans.com.au!

Subscribe to this blog's feed.

Categories

  • An Inconvenient Truth
  • Community
  • Current Affairs
  • Current Events
  • Merger
  • Rising petrol prices
  • Savings & Loans and our workforce
  • Sports
  • Technology
  • The Environment
  • The finance industry explained
  • Transaction Fees
  • Welcome

Blog code of Ethics

  • Code of ethics