a) Write a ONE SENTENCE summary of the following paragraph. Your summary sentence cannot exceed 30 words. Australians have been told to immediately check their super balances after a young woman was charged over her alleged role in a major fraud syndicate that hacked some of the country’s biggest superannuation funds and stole the identities of thousands of consumers. More than $10 million was ripped from retirement and share-trading accounts in the scam, Melbourne Magistrates Court was told as 21-year-old Jasmine Vella-Arpaci was charged with 53 fraud offences. Court documents show computers at major superannuation funds REST Super and HESTA were allegedly accessed by a fraud ring as it siphoned off people’s super. The country’s biggest retail sharebroker, CommSec, was also allegedly hacked by the ring and customers’ data accessed. b) Write a TWO SENTENCE SUMMARY of the following two paragraphs. Your summary sentences cannot exceed 60 words in total. The Reserve Bank has admitted it has yet to see strong evidence that the Morrison government’s tax cuts are finding their way into the economy, while warning that wages growth appears to have ‘‘stalled’’, paving the way for more interest rate cuts. As the government prepares to confirm the budget is back in balance for the first time in a decade, the RBA used the minutes of its latest meeting to highlight growing economic risks that may force it to take official interest rates below 1 per cent. The combination of rate cuts in June and July plus the tax cuts that started flowing into bank accounts over recent months was expected to deliver a much-needed boost to cash-strapped households. But the RBA noted retail sales had been weak through the June quarter and the value of sales fell in July, with no signs that shoppers were using their extra cash.

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200817 Business Communications Skills Assessment 1: Summary INSTRUCTIONS: ALL THESE INSTRUCTIONS MUST BE FOLLOWED: Assessment 1 The submitted file must be a WORD file Late penalties apply A cover sheet is required Hard copy: To be brought to class Follow instructions Late penalties start from class finish time No. of words: 500 words Font Style: Times New Roman Font Size: 12 Point Spacing: 2 Write a ONE SENTENCE summary of the following paragraph. Your summary sentence cannot exceed 30 words. Australians have been told to immediately check their super balances after a young woman was charged over her alleged role in a major fraud syndicate that hacked some of the country’s biggest superannuation funds and stole the identities of thousands of consumers. More than $10 million was ripped from retirement and share-trading accounts in the scam, Melbourne Magistrates Court was told as 21-year-old Jasmine Vella-Arpaci was charged with 53 fraud offences. Court documents show computers at major superannuation funds REST Super and HESTA were allegedly accessed by a fraud ring as it siphoned off people’s super. The country’s biggest retail sharebroker, CommSec, was also allegedly hacked by the ring and customers’ data accessed. Write a TWO SENTENCE SUMMARY of the following two paragraphs. Your summary sentences cannot exceed 60 words in total. The Reserve Bank has admitted it has yet to see strong evidence that the Morrison government’s tax cuts are finding their way into the economy, while warning that wages growth appears to have ‘‘stalled’’, paving the way for more interest rate cuts. As the government prepares to confirm the budget is back in balance for the first time in a decade, the RBA used the minutes of its latest meeting to highlight growing economic risks that may force it to take official interest rates below 1 per cent. The combination of rate cuts in June and July plus the tax cuts that started flowing into bank accounts over recent months was…

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