Just a quick update on a couple of issues. Firstly please find attached the full results of our annual Employee Engagement survey. We appreciate all those who took the time to complete it. The results assist us to build opinions and add to the tools available to us as we negotiate. Members contemplating a move of employer may also draw from the outcome to determine the best employment options.
I am also pleased to announce that the ALAEA has purchased a Commercial investment property in the Brisbane CBD. For 20 years Executives have been debating the merits of diversifying part of our $3.5M sitting in bank accounts and we have finally bitten the bullet and done so. We paid $1.25M for the property and it is currently tenanted and returning approximately 4% on the investment. Via our memberships we all now own a little part of this Brisbane property along with our long term headquarters in Bexley. The address is 22 Kyabra Street Newstead.