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Wynnum-Manly Area Scores High on Finance Handling

The area of Wynnum-Manly fared well when it comes to financial literacy and credit handling, according to research done by GetCreditScore.com.au.

In the study by GetCreditScore.com.au, Wynnum-Manly came second to Capalaba in the list of the most financially savviest communities in Queensland. Capalaba garnered a credit score of 767, while Wynnum-Manly got a credit score of 762.

The credit scores are higher than the Australian average score of 757 and the Queensland average of 749.

Based on the study, women fared better in handling finances in all age groups. As for the age groups, Generation Y fell behind the older population. Younger people in Wynnum-Manly got an average score of 707, more than a hundred points lower than the credit score of 854 for people 65 and above.

Luke Keller, chief executive of Getcreditscores.com.au, reveals that many people still do not understand what influences their credit scores. He hopes that the release of the research will help residents of Wynnum-Manly to learn what else they can do to improve their credit scores.

Credit score tell much about the credit information of a person. It is used by creditors to learn how financially responsible a person is. It can be improved by making sure to pay loans on time, demonstrating a history of saving and staying out of debt.

Proposed Manly Boardwalk to Benefit Community

The Wynnum Manly Radio Model Yacht Club is pushing for the construction of a boardwalk at the Esplanade at Manly that would benefit the community.

The group expressed that while the marina is a prime waterfront location, it is not being utilised to its full potential. The model yacht club proposes for a boardwalk and deck that can be used not only by yacht club members but also by anyone visiting or strolling around the marina.

Club commodore Mike Freebairn noted the difficulty of accessing the water from the current structure. Sailors can use the concrete steps for access, but during low tide, they must step on exposed rock. This makes it extremely difficult for older yacht members to access their boats at low tide.

Adding a boardwalk will improve accessibility for older members of the club and will also help the club attract more members. The club intends to for the boardwalk to be built with handrails for added safety and improved accessibility.

The proposal gained support from Brisbane City Council Councillor Peter Cumming of Wynnum-Manly. He said that providing access to the public is a good idea. What may become an issue is the cost of the project.