Central Coast Business Review May 2021

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Tom & Sophia Moloney – RolaCase Council to continue in Administration – Minister calls Public Inquiry GSC Economic Commissioner addresses UDIA members Administrator backs Airport Masterplan

Page 8 Edgar Adams’ Editorial Its an ill wind that blows no good!

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Cover story 3

Tom and Sophia Moloney – Rola Case

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16 COMMERCIAL AND INDUSTRIAL PROPERTIES FOR SALE / LEASE

Business news

17 Borg acquires 19 hectares at Mount Penang Parklands

7 Council to continue in Administration – Minister calls Public Inquiry

17 New owner for Beachcomber Hotel Toukley

8 David Harris calls for Judicial Inquiry into Council

20 Mind Your Business – FBT – Why all business owners need to report in May

9 GSC Economic Commissioner addresses UDIA members 10 OAS Technology launches new look 11 Terrigal Boardwalk opened 11 Water storage levels on the rise 12 Central Coast Food Innovation vision becomes a reality 12 Sponsors sought for Central Coast Airshow 13 Leading accounting and financial services firms merge 13 Andrew Montague moves on

21 The evolution of cyber crime 22 Seven ‘dumb’ ways to blow up your sales process 23 Crimes and misdemeanours abroad: When can an employer dismiss an employee for their actions outside work

Regular features 6 Edgar Adams’ Editorial - Its an ill wind that blows no good

14 Administrator backs Airport Masterplan

13 Business Briefs

15 Councillors in disgraceful attack on Administrator and CEO

14 Central Coast Council news 16 Property news

15 $26 million earmarked for Coast water, sewer and road upgrades

20 Business Tips

CONTACT

Front cover: Sophia & Tom Moloney – Photo: Jeff McGarn

23 Funny business

Hear Edgar Adams’ business comment 8.10am each Monday.

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CENTRAL COAST BUSINESS REVIEW MAY 2021

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COV ER S TORY

Tom & Sophia Moloney – RolaCase

From humble beginnings to Aussie market leader & global exporter CELEBRATING 40 YEARS in business next year, RolaCase commercial vehicle fit-out specialists, was initially born from a sense of frustration. An electrical contractor, Tom Moloney was using a cutlery tray in an attempt to keep his tools and other items of trade organised when he conceived the idea of creating a simple, compartmentalised case with a lid as a storage solution. So, with the help of a metal fabrication client, the first ‘RolaCase’ was built based, albeit in metal rather than the next generation moulded plastic. The first few cases were snapped up, a clear signal the product had potential. One case quickly turned into several container loads, and so began the journey of what was to become an Australian manufacturing and innovation success story. Since those humble beginnings in 1982, RolaCase has achieved extraordinary national and global success. Manufactured in Somersby, their products are in demand throughout Australia as well as in Southeast Asia, the UK, Europe, South Africa, New Zealand and, most recently, in the US, with the company opening a division in North America and signing their first major US fleet contract in March following three years of persistence and hard work.

Tom and his wife Karen began operations from home in Sydney. Purchasing what he called, “the worst block in Somersby”, Tom, Karen and their three children – two of whom now work in the company – relocated to the Central Coast in 2004, renting

a small premises in Gosford while building their factory. The business grew rapidly through the manufacture and supply of RolaCases to a growing national network of electrical wholesalers. Over time, Tom realised a need for a storage system to house the cases and came up with frames that evolved into a cabinet version. He also realised people needed vehicle shelving, which is how the RolaShelf came into the picture. The next evolution was the design of vehicle-specific brackets that adapt the shelving and cabinets to any make and model of commercial vehicle.

Described as “highly innovative, practical and detail-oriented” by his daughter and RolaCase General Manager, Sophia Moloney, Tom has a genuine knack for creating new products that he knows the market needs without looking at what others are doing or asking customers what they want. “Looking at what others are doing will corrupt your thoughts and make you think what you should be doing,” said Tom. “Instead, I generate my own designs and focus on our own game.” Some competitors, most notably Chinese manufacturers, have made attempts to copy RolaCase’s products through a process of reverseengineering. Tom said, “At one point, they took my product, manufactured it as an identical copy and sent it back to us suggesting they could make it for us.” Rather than take the bait, the Moloneys patented a number of their products and they will

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continue to do so moving forward to protect their IP. Sophia said, “I think part of our success lies in the fact that we have control over every aspect of what we do, with everything other than powder-coating done in-house.” Their staff of around thirty, most of whom have been with them for ten to fifteen years, includes a team of engineers who bring Tom’s designs to life. They only have one main competitor in Australia that also manufactures locally. All others have opted to outsource manufacturing to China. Asked how they manage to compete on price, Sophie said, “I don’t think it’s about price anymore, it’s about our service and quality.”

It’s virtually impossible to move into a new country and think you’ll be successful without connecting with people, getting them to trust you or them knowing someone who will try and help you if they like you.”

Having grown up in the business and helped out from a young age, Sophia came on board in 2012. With a degree in marketing, her initial role was to develop and manage the RolaCase brand and analyse global trends. In 2015, she graduated with a Master of Human Resource Management

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COV ER S TORY

and, since 2016, has held the role of General Manager with a focus on developing and implementing strategic and tactical marketing plans for introduction and growth of the brand in the US market. Ramping up their efforts to tap into that market three years ago, they employed Anthony Ocana as Director of North American Operations.

Anthony said, “We had an opportunity to go to the US with our distributor and we learned quickly that the Australian marketing strategy doesn’t work there.” Sophia said, “There is less competition in the US but they are so ingrained, so unless you know someone and they recommend you, you will not get any work. It took us a few years to learn that. It’s virtually impossible to move into a new country and think you’ll be successful without connecting with people, getting them to trust you or them knowing someone who will try and help you if they like you”. The pair found that the key was to keep knocking on people’s doors and never give up. “Most normal people would have jumped on a flight home and let it go,” laughed Sophia. “The reason we do well in Australia is that we are a trusted brand. It’s because people know us and the products speak for themselves. But the US is a completely different ball game.”

It took a further three years and multiple trips, including a five-month stint during the peak of the global pandemic, before the pair’s hard work and persistence paid off. “We have only just won the contract and, with thousands of vehicles in the fleet, it’s bigger than anything we could ever get

Leah Davies, Anthony Ocana, Karen Moloney, Tom Moloney, Sophia Moloney and Thomas Moloney in Australia,” said Sophia. Optimistic about the company’s future in the US, Tom said, “Once they agree to do business with you, you aren’t just supplying the business, you actually become part of that business. You need to have a team designated to deal with that contract. That’s how big it is.

Then you have solid loyalty.” For this reason, RolaCase now have a team on the ground in the US and Sophia and Anthony will return in May for several months to ensure the project runs smoothly and potentially plant a few more seeds. “It’s important that they know we are there for them and that we’re not on the other side of the world,” said Sophia. “We also got another contract with an after-market distributor and we will be launching with them in May and their product is also available through electrical wholesalers in the US.

The future looks bright for this Central Coast family business. They are currently recruiting locally and, having outgrown their factory of 2,500sqm, are planning to build another one at least twice that size and lease larger premises in the interim. They have plans to bring a team of salespeople on board and introduce a national installation network in Australia and see the potential to establish a factory in the US one day. Despite these ambitious plans, Sophia said it will always be a private company and a family business.

While Sophia is capably handling the reins as General Manager and more than holding her own in a male-dominated industry, Tom has no intention of retiring and, according to Sophia, still likes to have the final say, which she knows is coming from an unmatched depth of experience. “We all just genuinely want what’s best for the company,” she said.

CENTRAL COAST BUSINESS REVIEW MAY 2021

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EDITORIAL

Edgar Adams discusses local issues

It’s an ill wind that blows no good!

FIRSTLY THOUGH, THERE are people out there who want to play politics with the council merger and blame the NSW Government for the plight that we ratepayers find ourselves in.

Well the Government did the right thing in respect of the merger of Gosford and Wyong Councils. The merger was supposed to stop the ongoing war between the two councils as well as make them more efficient and cost less to operate.

The idea was good but the implementation was mad. As Administrator Dick Persson said, “15 is a parliament”. And that’s just what we got, along with a Ward system designed to tear our region apart.

And these 15 utterly mostly hopeless councillors got to choose who would be Mayor.

From day one we were on a downhill slide.

With this Council controlled by Labor plus two “independents” (the 10 Amigos!), this Council wasn’t just bankrupt but it was totally dysfunctional.

Businesses that have operated successfully on the Central Coast for over forty years are now looking at getting out. Worse still those who want to relocate out of Sydney (thanks to NorthConnex) are being thwarted at every move when dealing with Council’s Planning and Environment Department.

So job generating businesses are giving up when we have the highest unemployment rates in the state.

But that’s okay, the spotted wombat and

the Wyong daisy are protected. That’s all that matters.

While on the subject of Planning, the NSW Government in 2016 announced the Central Coast Regional Plan 2036. This plan says that our population will grow by 76,000 in that time and 25,000 jobs will be created.

Under this Council that will never happen.

To announce that they had arrived, from the very first council meeting our 10 Amigos made it clear that the Warnervale Airport would be closed down and set about to achieve just that. The cost?

Millions of dollars.

To show their ignorance of governance and finance our 10 Amigos, having set the destruction of our economy in train, their next move was to spend like crazy and employ an additional 250 staff. Just keep going until the money runs out.

And it did!

In a strange twist of fate however, these 10 Amigos have successfully undone 30 years of campaigning by the anti-Warnervale Airport activists.

One of the last moves by Central Coast Council Administrator, Dick Persson AM, as his term comes to an end, was to approve the development of a Masterplan for Warnervale Airport and authorise for CEO to publicly exhibit the Airport Masterplan and negotiate and execute agreements that will enhance and promote the airport (See Page 14).

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As so it came to pass that in the last weeks of April 2021 Mr Persson handed his Final Report to the Local Government Minister with his Key Findings being that there is absolutely no evidence that the financial collapse of Council was caused by the 2016 merger, no evidence of corruption, that financial mismanagement was the cause and that included the employment of an extra 250 staff and much more (see Page 8).

He recommended that the Minister call a Public Inquiry under the provisions of the Local Government Act and take whatever action necessary to prevent the return of the currently suspended councillors, and to delay the September 2021 election to allow a formal Inquiry to determine what is needed to achieve the successful merger of the two previous Councils.

The good news is that we now have an incoming Administrator who has already done a lot of work as Interim CEO in Rik Hart and will see that continue for the next twelve months along with a very able CEO in David Farmer who comes to the job highly qualified and capable.

Edgar Adams Editor

BUSINESS NEWS

Council to continue in Administration – Minister calls Public Inquiry THE NSW GOVERNMENT has announced a public inquiry into Central Coast Council to investigate its financial management and ability to serve the local community and at the same time has appointed present Interim CEO Rik Hart to takeover from Interim Administrator Dick Persson AM. Council remains suspended until September 2022.

In a statement on Monday 26th April Minister for Local Government Shelley Hancock said a public inquiry will provide an independent, open, and transparent process to help improve the council’s performance and sustainability.

The announcement follows Central Coast Council Administrator, Dick Persson’s final report to the Minister recommending that the Minister take whatever action necessary to prevent the return of the currently suspended councillors, and to delay the September 2021 election to allow a formal Inquiry to determine what is needed to achieve the successful merger of the two previous Councils.

“The performance of Central Coast Council, particularly concerning financial management, has been of great concern to the local community,” Mrs Hancock said.

“This public inquiry will help get to the bottom of the issues which have impacted its performance, resulting in my suspension of Councillors and appointment of an interim administrator. Any member of the public with concerns about the coun-

cil can now raise them directly with the Commissioner of the public inquiry.”

Mrs Hancock has appointed Ms Roslyn McCulloch as Commissioner to undertake the inquiry. Ms McCulloch has three decades of experience in local government and planning law and conducted the 2019 public inquiry into Balranald Shire Council.

At the conclusion of the inquiry, the Commissioner will present a report to the Minister. The Commissioner may make recommendations having regard to the findings of the inquiry, including issuing a Performance Improvement Order or dismissing Council.

Mrs Hancock said the decision to hold a public inquiry also means that the local government election scheduled for the Central Coast in September will now need to be postponed until late 2022.

“My decision to order a public inquiry aims to give the community the best possible chance to restore confidence in its Council,” Mrs Hancock said.

“As such, I have formed the view that it is in the public interest for all Central Coast councillors to remain suspended during the public inquiry.

Interim CEO Rik Hart to takeover as Interim Administrator Former local government general manager Rik Hart who was appointed by Mr Persson to oversee the council’s operational recovery will now assume the role of interim administrator in May following Mr Persson’s

Central Coast Council Interim CEO, Rik Hart decision to step down from the role. Mr Hart has nearly two decades of experience as a local government general manager at councils including the City of Parramatta, Inner West Council and Warringah Council.

“Given his experience and involvement alongside the current interim administrator, Mr Hart is ideally placed to assist in resolving the current financial crisis and continuing the council’s road to recovery,” the Minister said.

Administrators’ Final Report to Minister Hancock In his Final Report Mr Persson says that there is a lack of reflection among some key players about the need to change behaviour and mentions that one suspended Councillor indicated his determination to pursue a wide range of issues “as soon as I get back”.

Political party politics have played an enormous part in the failure of this Council although it is apparent that ineptitude, incompetence and personal agendas have played a big part.

It is worse because, as pointed out, a number of councillors (on both sides) refuse to accept responsibility.

CONTINUED ON PAGE 8

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BUSINESS NEWS

Council to continue in Administration – Minister calls Public Inquiry CONTINUED FROM PAGE 7

The stage was set however, with the first Mayor, Councillor Jane Smith appointing the CEO and together drove the organisation into the ground (see later). CCBR has been told that there were at least six applications for CEO but these were never seen by councillors and therefore never given due consideration.

Appointed on 2nd November 2020 Mr Persson has produced two earlier Interim Reports, the 30 Day Interim Report on 2nd December 2020 and 3 Month Progress Report on 3rd February 2021.

Early in his term he appointed Mr Rik Hart as Acting CEO and Malcolm Ryan as COO.

• •

• Interim Administrator’s Key findings • Absolutely no evidence that the financial collapse of the CCC was caused by the 2016 merger, • IT expenditure being planned by Gosford and Wyong Councils pre-merger to upgrade systems was between $14 - $34 million each. Post-merger $60 million. It is also clear that the outcome of this massive investment is poor compared to what other Councils have secured at much lower costs. Recommended that the new CEO consider going to market to procure cheaper and simplified systems.

• Merging two organisations should allow overheads to be reduced. This was not

•

•

achieved, and all evidence indicates the newly elected Councillors had little or no interest in achieving merger related savings, nor was the former CEO hired 10 months after Councillors returned. On the contrary, the Council expanded all aspects of Council spending with little regard or understanding of the financial consequences.

No evidence of corruption, The former Gosford Council made several financial and staffing decisions prior to merger that presented a distorted picture of their true financial position, which presented a ‘rosier’ picture than was actually the case, Both Councils prior to amalgamation had approached IPART for rate increases. Wyong 6.9% per year for four years, Gosford 12% plus inflation. Both councils accepted that substantial rate increases were needed, Only rate increase directly caused by the merger is due to rate harmonisation. NSW Government prevented rate harmonisation for three years. In the case of CCC this will result in average Wyong rates falling by approximately 20%, and average Gosford rates rising by approximately 27%.

The decision by the NSW Government to ‘protect’ non-contract employment for three years has had the effect of denying the types of savings that most merged organisations achieve,

• H aving 15 Councillors in five wards was always going to work against the formation of a cohesive governing body, • Constitutional referendum be held to coincide with the September 2021 Local Government elections to reduce the number of councillors from 15 to 9 and abolish the Ward system, • the greatest reason CCC became insolvent was due to mismanagement of their budget over the years following the merger and leading up to their suspension.

• There were unusual circumstances [IPART water pricing decision, bushfires, floods and COVID] which exacerbated and accelerated the collapse of the operating budget. Nevertheless, nothing excuses the negligence of those in charge for their relative inaction, which was manifestly much too little and much too late.

• The use of Restricted Reserves is not unimportant, but it is also not the reason why the budget ‘blew out’. To use them for capital spending is one thing, but to use them to prop up a rapidly deteriorating bottom line is inexcusable at best, and negligent at worse.

• IPART decision to reduce water rates by $39 million per annum, • Post-merger staff numbers increased by around 250 extra people, CONTINUED ON PAGE 14

David Harris calls for Judicial Inquiry into Council MEMBER FOR WYONG and Shadow Minister for Central Coast, David Harris MP has called for a Judicial Enquiry into the failings of Central Coast Council.

Speaking at the April Members’ Meeting of the Gosford Erina Business Chamber Mr Harris said that a public enquiry headed up by a judge, so that it could be seen as totally impartial, is the only way forward for the Council.

“The Minister should not bring the suspended councillors back, instead appoint a new Administrator, set up the Enquiry which would run past the September 2021 Local Government Election meaning that council would be under Administration for the next four years.

“This Council is not ‘fit for purpose’, the amalgamation failed under the first Administrator and things only got worse under the newly elected council. We need to get it right first and that will take time,” he said.

Mr Harris said that a Referendum to reduce councilor number from 15 to 9, provide for an elected Mayor and elimi-

CENTRAL COAST BUSINESS REVIEW MAY 2021

nate Wards should be held at the time of the Local Government Elections in September 2021.

If that community approved the Referendum a new council structure would then be in place for the 2025 Elections.

Need for Special Activation Precincts (SAPs) Mr Harris also spoke about the need for two Special Activation Precincts (SAPs): Gosford / Somersby and Warnervale Town Centre. He made the point that the government had not provided funding for infrastructure in the region even though the Coast comes under Regional NSW which has received $4.2 billion from the sale of the Snowy Hydro.

Mr Harris said that he has been advocating for the Central Coast Regional Development Corporation (now amalgamated with the Hunter Development Corporation) to operate along the lines of the Greater Sydney Commission however with no funds this is not possible.

Member for Wyong and Shadow Minister for the Central Coast David Harris addressing members of the Gosford Erina Business Chamber He said that planning across the region is dogged by an obstructionist attitude to anything seen as progressive. “We need to focus on the positives and talk up what is good about our region and be proud of where we live,” he said.

Mr Harris was speaking prior to the release of the Central Coast Council Interim Administrator bring out his report.

f

BUSINESS NEWS

GSC Economic Commissioner addresses UDIA members THE HALF YEARLY members’ luncheon of the Central Coast Chapter of the Urban Development institute of Australia (UDIA) was held the week before Easter with Guest Speakers being Jackie Taranto, Economic Commissioner for the Greater Sydney Commission and Malcolm Ryan, Chief Operating Officer of Central Coast Council.

Ms Taranto’s address was an update on the GSC’s Central Coast Strategy following the NSW Premier, Gladys Berejiklian announcing on 22 October 2020 that the GSC had been asked to prepare a Central Coast Strategy to drive the region’s growth.

Ms Taranto outlined the Key Priorities that the GSC had identified following extensive consultation with stakeholders across the region.

• Unlocking employment land in Wyong and Warnervale.

• Accelerating the Mount Penang – employment precinct • Attracting University campus in Gosford CBD • Building on Gosford health and wellbeing precinct • Improving connections with Central Coast and Sydney.

• Building high speed internet network in Gosford CBD. • Improving processes to accelerate development approvals.

Ms Taranto said that strategic work on a university campus in Gosford had already happened and a campus would attract numerous students and build and retain great minds with a flow-on effect of bringing growth industries into the CBD.

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(l to r) UDIA NSW CEO Steve Mann, UDIA Central Coast Chapter, Chairman Caine King, Greater Sydney Commission Economic Commissioner, Jackie Taranto and Central Coast Council COO, Malcolm Ryan In respect to improving processes to accelerate development approvals, Ms Taranto said there was a need to reduce risk by streamlining the development process to attract investors. “Reducing the wait by 30 days would release billions in interest costs,” she said.

Also, “establishing upfront biodiversity approvals has significant major benefits.

More certainty attracts and unlocks approvals for residential subdivisions.”

Also addressing the group was Malcolm Ryan, Chief Operating Officer at Central Coast Council who had been appointed by Interim Administrator Dick Persson AM to assist with issues such as improving processes and structures particularly in respect to planning.

In a most refreshing and frank talk Mr Ryan spoke openly about what needs to happen at Council and the Coast’s future potential.

He assured the audience that Council could and would do a better job going forward but it will take a lot of work to get the organisation to function correctly. Mr Ryan said that the Planning Department had lost a lot of staff which has resulted, along with compliance issues, in slower processing of DA’s.

He said that the Gosford Waterfront had a huge potential and he would be approaching the Minister for Planning with a view to preparing a plan for its development.

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ADVERTORIAL

OAS Technology launches new look OAS TECHNOLOGY, LEADING integrator of IT systems and solutions based in Newcastle, Muswellbrook, Tuggerah and now the Manning Region, are delighted to announce the launch of their refreshed logo.

Over the last 30 years, OAS have continued to evolve within the ever-changing IT landscape. In 2015 they heavily invested in their own Hosted Cloud Solution and with this came a new product brand – “Minder Secure Cloud Services – powered by OAS”.

“Whilst the Minder brand was only ever intended as a product brand to show our commitment to the evolving need in cloud solutions, it has become a brand on its own, co-existing with our established OAS brand, causing confusion not only internally, but also amongst our valued client base,” says CEO David Lynch.

The same philosophies, but a fresh look With the knowledge gathered from intensive marketing workshops, the Board of Directors are excited to announce that the company will now solely operate as

OAS Technology with a fresh look and feel as they will continue to provide the very best service and technology solutions for their clients.

What is changing?

Though OAS have changed their visual identity, their core beliefs have not changed. “We have never been swayed from delivering world class IT solutions that empower small to medium sized businesses in Australia to continuously evolve”, says David Lynch.

“Along with announcing our refreshed brand, we are also pleased to announce the acquisition of Noelegde Systems in Taree.

OAS Technology CEO, David Lynch The acquisition of this established Manning Region based Managed Service Provider will expand OAS’s position on the Mid North Coast, providing Noeledge’s customers with a more comprehensive portfolio of IT products and services.”

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BUSINESS NEWS

Terrigal Boardwalk opened FOLLOWING MORE THAN 30 years of argument and 11 months of construction, the new boardwalk linking Terrigal Beach to The Haven was officially opened by Premier Gladys Berejiklian and Member for Terrigal Adam Crouch in mid-April.

Ms Berejiklian said the 277-metre-long boardwalk has been designed to complement the natural environment and is composed of materials that can withstand the elements to ensure its longevity into the future.

“The boardwalk will significantly improve pedestrian access between Terrigal Beach promenade and The Haven, providing a safe and more accessible route around the headland,” Ms Berejiklian said.

“This project is one of many infrastructure upgrades the NSW Government is funding to make the growing Central Coast community a better place to live and work,” she said.

“Building a boardwalk to better connect Terrigal has been talked about for decades, and after many years of waiting, everyone in our community can now access and enjoy the boardwalk,” said Mr Crouch who has fought hard to get this facility built.

(l to r) Central Coast Council CEO David Farmer, Member for Terrigal Adam Crouch, NSW Premier Gladys Berejiklian, Central Coast Council Interim Administrator Dick Persson AM with students from Terrigal Primary School The NSW Government has also committed $250,000 to upgrade the nearby Terrigal rock pool. “Terrigal is the jewel in the crown of our coastline which is why the new

Terrigal Boardwalk

boardwalk and upgraded rock pool will be a major tourism drawcard for our community,” Mr Crouch said.

For over 30 years a vocal minority of Terrigal residents have opposed the Boardwalk, which has always been seen as a much needed link between Terrigal Beach and The Haven, and had been supported by a procession of former Gosford Councillors.

Even now the Central Coast Council only approved the project voting 8 votes to 6 with conditions and with Councillor Greenway saying she couldn’t support the “destruction of the headland” which would happen if he boardwalk went ahead.

The boardwalk is jointly funded by the NSW Government’s Regional Growth Environment and Tourism Fund ($2.98 million) and the Central Coast Council ($2.9 million).

Water storage levels on the rise Following recent rains total water storage at the Central Coast’s three dams has reached 75.92%, almost equal to the highest level reached in February 2016 when it was 76.32% and the highest since March 2009 when it was 30.9%.

Storage levels reached their lowest point since February 2013 in February 2020 at 49.69%.

Total water storage as at mid-April 2021 was: Mangrove Creek Dam 202,000 ML 75.09% full Mardi Dam 7,400 ML 82.70% full Mooney Mooney Dam 4,600 ML 100.00% full Central Coast water demand in April 2021 was 600.02 ML per week compared with demand in week ended 24th January 2021 713.46 ML.

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CENTRAL COAST BUSINESS REVIEW MAY 2021

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BUSINESS BRIEFS

Central Coast food innovation vision becomes reality REGIONAL DEVELOPMENT AUSTRALIA Central Coast (RDACC) hosted the Newcastle Institute for Energy and Resources (NIER)’s launch of the first ever Australian Food & Agribusiness Doctoral Training Centre (DTC) here at the University of Newcastle’s Ourimbah Campus in early April 2021.

Officially opened by Parliamentary Secretary for the Central Coast and Member for Terrigal, Adam Crouch MP, the DTC will bring together students, academics and industry leaders from the agribusiness arena to achieve better solutions across this globally important sector.

RDACC Chairman, Lawrie McKinna said, “this highlights the Central Coast as an emerging leader in the agribusiness sector and marks a key milestone of the Central Coast’s Food Innovation Initiative.

“With the increasing pressure on food producers, manufacturers and farmers to deal with population growth, food security and climate change, food innovation and agribusiness development is a focus point for the Central Coast to boost our economic and social outcomes,” he said.

“Back in 2018, RDACC and Central Coast Industry Connect recognised a formal partnership with the University of Newcastle

(UoN) to build on our region’s existing strengths and establish ourselves as a leader in the food and agribusiness sector.

“One of the main objectives of this Food Innovation Initiative was to establish a ‘Centre of Excellence’ with industry, business and government partners to inspire new ideas, new ways of working and to help find smarter solutions to the challenges this industry faces.

“The opening of this landmark centre here on the Central Coast is another vital step to delivering this aim and gives our region even greater credibility as a central hub of food and agribusiness innovation”.

NEIR’s Doctoral Training Centres operate across a number of critical industry sectors, bringing together research collaborators to solve global resource challenges by experimenting with new technologies, teaching and learning approaches, policy concepts, cultural ideas, and commercial innovations.

PhD candidates work on research projects developed in collaboration with industry partners and are supported by a multidisciplinary, solutions focused academic team to enhance knowledge, outcomes and skillsets.

The Australian Food & Agribusiness DTC aims to improve regional engagement

through better collaboration, achieve environmentally sustainable solutions, and foster a highly skilled workforce through sharing knowledge, resources and infrastructure support.

RDACC Chairman Lawrie McKinna with Professor Alan Broadfoot Executive Director of the Newcastle Institute for Energy and Resources

Sponsors sought for Central Coast Air Show The inaugural Central Coast Airshow will be held at the Central Coast Airport, Warnervale on the weekend of 22nd and 23rd May, 2021.

The airborne entertainment is set to be a must-see spectacle. A huge line-up of aircraft will be in attendance, including fan favourites the Wolf Pitts Pro, Mustang, Hurricane, Kittyhawk, Grumman Avenger, CAC Wirraway and many more.

Spectators will also discover a treasuretrove of RAAF assets, both in the air and on the ground, with Australian Defence offering strong support for the show.

Well known international air show promoter Paul Bennet Airshows will run the event which was given Council approval.

The event is expected to attract enthusiasts and families from outside the region as well as local families with the potential for it to be an annual event.

John Codrington, President of Your Central Coast Airport Association said that his organisation is looking for sponsors to assist in funding some of the events. “This is a perfect opportunity for local businesses to be part of the action,” he said.

CENTRAL COAST BUSINESS REVIEW MAY 2021

Hunter Valley Air Show 2019 Photo courtesy of: Mark Jessop “We see this Airshow as becoming an annual event with it expected to draw large crowds to the region, provide a significant boost to the local economy and inspire the next generation of

Australian aviators.,” he said.

Tickets for this historic event are on sale now and available online at centralcoastairshow.com.au or at the gate.

BUSINESS BRIEFS

Leading accounting and financial services firms merge Andrew Montague moves on

Scott Elwin, Andrew Ridley, Carl Molenaar and Brett Gilday Accountancy and financial services firms, Kelly+Partners Chartered Accountants and Moneywise Group Australasia have merged in a move aimed at aligning their services with their clients’ needs.

Commenting on the move Brett Gilday said, “this has been on the cards for sometime. Scott and I have known each other for many years and you could say that joining with Kelly+Partners has been a meeting of minds. We recognized that our businesses (and clients) shared very similar values. Our view was that many successful business owners and our clients are looking to hand over to the next generation. We recognise in this changing world, their needs will be different. The new business will better serve their needs.”

‘While our accounting and tax services will transition to the Kelly+Partners Team, our financial solutions, insurance and lending services will continue to operate exactly the same as before, but

as Kelly+Partners Private Wealth (Central Coast), Kelly+Partners Insurance Services (Central Coast), and Kelly+Partners Finance (Central Coast).

Founder and CEO Brett Kelly launched Kelly+Partners in 2006 with offices in Sydney and Central Coast, to become one of Australia’s top national accounting firms with 16 locations across NSW, Victoria and Hong Kong as well as being ASX-listed and B Corp Certified accounting and financial services group.

Moneywise Group was established in 1999 by Director Brett Gilday when it was based in Erina. For the past ten years it has operated from premises in Riverside Park West Gosford.

The move has seen Kelly+Partners’ office in the Platinum Building Erina increase in size to 250 sqm with a new fit-out to accommodate a total of 23 staff plus Kelly+Partners Directors Scott Elwin and Andrew Ridley and Moneywise Directors Brett Gilday and Carl Molenaar.

Central Coast Local Health District Chief Executive, Dr Andrew Montague has been appointed General Manager Health and Palliative Care at HammondCare.

Dr Montague jointed the CCLHD in 2016 and oversaw the completion of the new Gosford Hospital and start of a new Wyong Hospital.

CCLHD Chairman, Paul Tonkin said, “ We are very saddened to lose Andrew as our leader and Chief Executive, though we are supportive of the upward trajectory of his career.

Andrew has done much to progress many milestone events during his time, and I feel confident he will have fond memories of those and the people he worked with.

As Chairman I was pleased and proud to see Andrew‘s development and I wish him well.

I’m sure he will always be a friend to the Central Coast “.

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CENTRAL COAST BUSINESS REVIEW MAY 2021

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CEN T R AL COA S T COUNCIL NE WS

Administrator backs Airport Masterplan

Central Coast Airport – Warnervale ONE OF THE last moves by Central Coast Council Administrator, Dick Persson AM, as his term comes to an end, was to approve the development of a Masterplan for Warnervale Airport.

The Resolution included: 1. That Council approve the development of a Masterplan that includes the runway length of 1200 metres with no extension and a Plan of Management for the Central Coast Airport at Warnervale.

2. That Council authorise the Chief Executive Officer to publicly exhibit the draft Masterplan and Plan of Management once completed.

3. That Council authorise the Chief Executive Officer to negotiate and execute agreements that will enhance and promote better utilisation of the Central Coast Airport at Warnervale.

4. That Council authorise the Chief Executive Officer to hold discussions with the Aviation Industry and affected land owners.

5. That Council authorise the Chief Executive Officer to explore inclusion of 4 and 10 Warren Road, Warnervale and 140 Sparks Road, Warnervale into the draft Airport Masterplan and to suspend the sales of these land parcels until the Airport Masterplan is finalised.

6. That Council authorise the Chief Executive Officer to immediately suspend the development of the Warnervale conservation agreement and any agreement with the NSW biodiversity Conservation Trust to permanently protect the Porters Creek Wetland until the Airport Masterplan, plan of Management and a subdivision plan is registered that subdivides the Wetland and surrounding E2 land from the employment land in Warnervale.

7. That Council acknowledge and thank the support of the Parliamentary Secretary CENTRAL COAST BUSINESS REVIEW MAY 2021

for the Central Coast and Member for Terrigal Adam Crouch, the Minister for Planning Rob Stokes and the reviewers that included the planning expert Abigail Goldberg and aviation specialist Peter Fiegehen for conducting the review and resolving the future of the Central Coast Airport.

8. That Council as part of the Masterplan process for Central Coast Airport at Warnervale prepare a draft plan showing the environmental and proposed conservation land to be protected as well as the proposed employment land that will be subdivided from the conservation land.

Commenting on Council’s move Central Coast Aero Club Manager, Andrew Smith said, “The Central Coast Aero Club welcomes Council’s efforts to provide certainty for the Community by initiating an Airport Masterplan. The State Government, in their repeal of the Warnervale Restrictions Act mandated that Council put in place a management plan for the Airport, and this appears to be a sensible first step in that process.

This masterplan appears to be sensible in its scope, with the Administrator stating that the Runway would remain at 1200 metres, and that the Porters creek wetlands would be protected in perpetuity. As Mr Persson stated, “it is not hard to get a winwin here” The Central Coast Aero Club, despite the rumblings to the contrary from those vehemently opposed to any aviation presence on the Central Coast, has experienced significant growth over the last 5 years, with an increase of 128% in staffing and 168% in flight activity. The truth is that whilst this has been very strong growth, despite COVID-19, we have been artificially held back by the perceived limitations of the WAR Act, Council pessimism, and ageing infrastructure.

With Council’s renewed optimism about the site and a decent length licence for the Aero Club to continue using the site so that we can attract the funding we need to upgrade our hangars and offices, the growth we have experienced will only accelerate. Our multi-decade long hangarage waiting list is one small testament to that latent need for a properly supported Airport.

The truth is, that we are the 9th largest region in Australia, and the only such region which does not have a properly supported, licenced airfield. Without the certainty this masterplan promises, we may very well lose our only Airport, and every future generation will be held back without its presence.

Numerous surveys conducted by Council and the State Government have shown strong support across the board for the Airport. Let’s get on with it and secure the site for the economic and employment prosperity of our region in the decades ahead.

Council to continue in Administration – Minister calls Public Inquiry CONTINUED FROM PAGE 8

Who was responsible?

• The former CEO “stands by” his actions, which seem mostly to have commissioned consultant reports. It was his inaction on the budget front that failed the organisation.

• The first Mayor of the merged Council employed the former CEO and together they drove the organisation on an expansionist journey in terms of both capital works and Council operations [extra staff ].

• A number of Councillors [on ‘both sides’] still refuse to accept responsibility for the situation, maintaining it was all the fault of others. This lack of reflection and learning remains a major concern in terms of the return of Council.

• The newly merged Council fell quickly into a very adversarial mode where a few Councillors seemed to take every opportunity to score points as if they were in a parliamentary chamber rather than members of a governing board needing to solve complex problems. A quick viewing of past Council Meetings illustrates this point.

• This counterproductive political dynamic was not helped by some State MP’s from both the major parties using Council decisions/issues to score political points. They continue to do so today.

CEN T R AL COA S T COUNCIL NE WS

Councillors in disgraceful attack on Administrator and CEO CCBR has been told that a special Presentation to Councillors by the Interim Administrator and Interim CEO on 30 March to inform them of Council’s precarious financial situation and how that happened turned into a disgraceful attack on him by eight green/Labor suspended Councillors.

Both Mr Persson and Mr Hart were constantly interrupted and harangued with none prepared to accept any responsibility for their actions in bringing Council to its knees

$26M earmarked for Coast water, sewer and road upgrades The Central Coast is set to benefit from more than $26M in NSW Government funding for improvements to water infrastructure and local roads.

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said the funding for Central Coast Council would deliver new sewerage infrastructure in the booming Gosford CBD. “This significant amount of funding will go towards the vital yet largely unseen infrastructure needed to help the Central Coast community grow,” Crouch said.

“Between 2016 and 2041 the region’s population is expected to increase by 95,250, and we need to provide the essential infrastructure to accommodate this growth now. “$25.5M will support sewerage gravity mains, sewerage pressure mains, two new pumping stations and an upgrade to an existing pumping station supporting 5,000

new homes in the Gosford CBD. “Another $800,000 will be spent at Louisiana Rd, Hamlyn Terrace to improve stormwater drainage and road safety, including culverts to manage flooding, road reconstruction, lighting and a shared path. “$500,000 is also being allocated to begin planning for the Chain Valley Bay Rd intersection upgrade, which will provide safer access to the Pacific Hwy and unlock the opportunity for more homes in the northern part of our region.”

Minister for Planning and Public Spaces, Rob Stokes, said the projects were supported by the NSW Government’s Housing Acceleration Fund and the Voluntary Planning Agreements (VPA) Program.

“The Housing Acceleration Program is a $1.3B fund for 56 transport, water, wastewater, drainage and community infrastructure projects in metro and regional areas to accelerate housing delivery,” Stokes said

APPLICATIONS FOR POSITION OF INDEPENDENT DIRECTOR Gosford Race Club Ltd. (GRC) and Racing NSW are seeking applications to fill three (3) independent Director positions for a three-year term.

The Independent Directors will be selected by Racing NSW on the recommendations of a Selection Panel, having regard to skills and experience that will augment, bolster or complement the skills and experience of the sitting Elected Directors.

Businesspeople appropriately experienced and qualified in law, commerce, construction, marketing and/or event management are encouraged to apply. Additionally, an AICD accreditation and previous skills and experience in Directorship, Finance, Accounting and/or Human Resources are preferred. Gosford Race Club is also committed to promoting diversity amongst its board members and encourages all suitably qualified individuals to apply.

It is important that Independent Directors are free from any business or other relationship that could materially interfere (or could reasonably be perceived to materially interfere) with the independent exercise of that director’s judgment.

Applications are invited from candidates residing in the Central Coast Local Government Area (or who will at the time of appointment reside in the local government area) by way of application forms, covering letter and Curriculum Vitae.

Application forms may be downloaded at www.racingnsw.com.au/wp-content/uploads/GOSdirectors.pdf. Application forms are also accessible from Jonathan Pitt, Racing NSW Legal Counsel on 02 9551 7500 or via clubdirectors@racingnsw.com.au.

Applications must be received by 5.00pm Monday, 17 May 2021 and submitted by email to clubdirectors@racingnsw.com. au or by post to Racing NSW Level 7, 51 Druitt St Sydney NSW 2000.

For further information please contact Racing NSW Legal Counsel, Jonathan Pitt on 02 9551 7581 or at clubdirectors@racingnsw.com.au

CENTRAL COAST BUSINESS REVIEW MAY 2021

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FOR SALE

FOR LEASE

PROPERTY OF THE MONTH

TUGGERAH BUSINESS PARK – THE BLOCK

BERKELEY VALE

Concrete, high clearance construction, unparalleled finishes & sizes you can combine to make for a better, affordable unit. H/W roller doors, beautiful landscaping (powder coating shopfronts), optional amenities, shower & kitchen packages, B7 zoning.

FOR SALE FROM $231,000 - 519,000 + GST

High clearance, glass entry doors, high bay windows front & rear, 3 phase power, roller doors, courtyard, aircon, kitchens, bathroom with shower, secure parking with auto gate, approx. 128m2.

FOR LEASE $385 N/PW + GST

Flexible IN2 zoning, superb finishes, large showrooms, high clearance, offices & quality amenities. Great parking & access, 14 units with a range of sizes perfect for different businesses.

FOR SALE FROM $292,000 - $1,085,000 + GST

CRANEAGE! HEIGHT! ACCESS! SIZE!

KINCUMBER - PRIME TENANTED INVESTMENT

Zoned IN1, approx. 4,000m2 high clearance factory, office, large mezz, BTH, Kitchen, 7.8m - 9.8m clearance, H/W roller doors, approx.

8,422m2 site, great hardstand, multiple entry points, CCTV, LED lighting, close to M1 MTWY. FOR SALE & LEASE – CONTACT AGENT

Prime position with great signage opportunities & exposure. Prominent 115m2 building with 2 specialty tenancies on 437.5m2 block of land. Tenants pay rear access via public lane way. Zoned B1 FOR SALE BY AUCTION

WYOMING - ICONIC THAI RESTAURANT

ERINA - IMPRESSIVE INVESTMENT! Located in Platinum building, well maintained & refurbished office space, 6 car spaces, area approx.

225.0m2. Tenants pay all usual outgoings. Diverse income stream from 2 separate tenants.

FOR SALE $1,499,000 + GST

Fitted with 2 consulting rooms, preparation room, front reception & disabled bathrooms. Perfect for a Medical centre, Dentist, Physio & many more businesses.

Fenced parking, approx. 75m2.

FOR LEASE $450.00 N/PW + GST

SOMERSBY - READY FOR OCCUPATION NOW

TUGGERAH – THE KEY ON GAVENLOCK

Home to a Thai restaurant for the past 16 yrs, an absolute icon located at the five ways roundabout.

Area of approx. 250m2, high foot traffic & highway exposure, near Gosford CBD & on-site parking.

FOR SALE EXPRESSIONS OF INTEREST

MANGROVE MOUNTAIN - NICHE LOCATION

FOR LEASE MORISSET - BARGAIN & MASSIVE EXPOSURE! Bulky goods retail showroom & warehouse is approx.

267m2 (GFA) + 256m2 open space, has an additional 150m2 mezz + 57m2 parking. Close to M1 MTWY. Display your wares! Zoned B7.

FOR LEASE $55,600 N/PA + GST

Visit our website for additional properties and more information centralcoast.ljhcommercial.com.au

SOMERSBY - SHOWROOM, OFFICE, WAREHOUSE! Approx. 1,505m2, glass front, LED lighting, 3 phase power (180amp power supply), kitchen, M & F toilets, shower, disabled access, alarm, CCTV, security fencing, 17 car spaces (room to offload containers).

FOR LEASE $195,000 N/PA + GST

SOMERSBY - NEW CONSTRUCTION! Great exposure In the Somersby Industrial park, Zoned B5, allocated car parking. Full concrete tilt panels, kitchenette & disabled bathroom facility in each unit.

LED Hi Bay lighting & 3 phase power.

FOR LEASE $15,300 N/PA + GST

ERINA - SHOWCASE YOUR BUSINESS! Total of 352 sqm located in Erina CBD, great exposure & signage opportunities. Reverse cycle air conditioning, alarm system. Internal amenities, 9 car spaces, ample natural light & exclusive balcony.

FOR LEASE $80,000 N/PA + GST

Suite 401 / 1 Bryant Drive, Tuggerah NSW 2259 87 Mann Street, Gosford NSW 2250

Phone 4353 7700

FOR LEASE

PROFESSIONAL & SPECIALIST MEDICAL SUITES

GROWING ???

Victoria Court, 36-40 Victoria Street, East Gosford

152-154 PACIFIC HIGHWAY TUGGERAH

Easy Parking, great exposure, well maintained & presented property with well known quality tenants including Trader Vics, BCF & Super Cheap Auto, PRP Radiology, Australian Clinical Labs Pathology, Fullerton Health Medical Centre, Geriatrician; Psychologists, Dentist, Sports & Spinal Physiotherapy, Chiropractor, Cafe & more.

Ideal for the Professional, Legal, Financial or Medical Specialist with sizes from 16m2 up to 95m2 suitable to Lease or Purchase.

Features include: • Flexible lease terms • Competitive rentals • Excellent parking • Air-conditioning, carpets, kitchenette • Balcony access for East Wing suites • Exposure of Complex to Tuggerah Straight

For further details contact Julie Davies on 0402 779 186 CENTRAL COAST BUSINESS REVIEW MAY 2021

We can offer the following tenancy sizes: 419 sqm - ground and rst oor 338 sqm - ground and rst oor 203 sqm - ground oor only 122 sqm - ground oor only High proole corner position.

Huge awning signage.

Located at busy main intersection on Central Coast Highway.

Customer car park on site.

Lee Woodward 0414 877 780 | 02 4323 7606 lee@vcmanagement.com.au www.vcmanagement.com.au

PROPERT Y NEWS

4325 0208

Borg acquires 19-hectares at Mount Penang Parklands

www.chapmanfrazer.com.au

FOR SALE | FROM $625,000 + GST IF APPLICABLE SUITE 102/159 MANN STREET, GOSFORD

SENSATIONAL INVESTMENT OFFERING - 6% NET YIELD. Outstanding investment opportunity in the new Bonython Tower

by John Singleton. The investment opportunity is a strata-title, AGrade office suite of approximately 93sqm. The suite has great natural light, immaculate presentation and a quality tenant. The Lease is a new 4 + 4 year term, with commencing rent of $37,500 Per Annum Net (tenant pays outgoings) + GST and offering fixed 3% annual rent increases. The suite also benefits from the top grade amenity in the building, including a state of the art cafe, restaurant & bar. Sure to be snapped up quickly, so call us now before you miss out on this great investment.

__________________________________________________________ FOR LEASE | $18,000 EACH + OUTGOINGS + GST SHOPS 1 & 2 / 152 LAKEDGE AVENUE, BERKELEY VALE

BERKELEY VALE RETAIL & COMMERCIAL SPACE. We have two shops side by side available for lease on popular Lakedge Avenue, Berkeley Vale. One shop is fitted out with a modern shop front, electric security shutter, polished concrete floor & carpet with amenities and rear door access. The other shop is a blank canvas ready to be fitted out to your specifications with rear door access and access to amenities.

There is plenty of parking at the entry for customers and allocated parking at the rear of the premises for staff and deliveries. Suitable for retail, professional, medical & many other uses.

__________________________________________________________ FOR SALE | $425,000 + GST IF APPLICABLE SHOP 6 / 243-245 MAIN ROAD, TOUKLEY

INVESTMENT WITH UPSIDE. What a great opportunity! This property as been occupied by the same tenant for almost 20 years with below market annual income of $17,298.36 Gross + GST. The floor area of this space is approx. 135sqm within the busy Lakes Arcade Toukley. This strata suite is one of 11 lots within the complex that also provides ample off street (common) parking at the rear, and amongst a great mix of occupants. This is a rare opportunity with the ability to either increase the rental income or possibly move in next year.

CONTACT: Daniel Mason | 0403 889 530 Chris Watson | 0402 430 213 Mark Davies | 0422 442 858 A: Level 1/27 Dane Drive, Gosford NSW 2250 E: enquiries@chapmanfrazer.com.au

@chapmanfrazer @chapman_frazer

New owner for Beachcomber Hotel Toukley The Beachcomber Hotel at Toukley has changed hands for the first time in 25 years with Sydney hotelier and former Rothschild Managing Director, David Kingston selling the property in an offmarket sale for $20 million.

New owners Oscars Hotel Group who will relaunch the hotel as a “new beach club and resort venue”, marketing the property as a “hip weekend getaway, less than 90 minutes from Sydney”.

The Beachcomber has nearly 100m of lake frontage and its own private pier.

It will be relaunched as a 4-star, 80-room resort offering indoor and outdoor bars, restaurants, six function rooms, gaming and bottle-shop facilities.

The property will also have guest facilities including a pool, sauna, gym and wellness services on its 1ha site.

Mount Penang Parklands The NSW Government has announced the development of a major site in Mount Penang, with the Borg Group securing 19 hectares of land for an undisclosed amount.

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said the Borg Group is a major employer on the Central Coast.

“I’m very pleased to welcome Borg’s expansion into Mount Penang. This development will be the catalyst for economic growth and amenity at Mount Penang as a gateway to the entire Central Coast region.”

Hunter and Central Coast Development Corporation (HCCDC), a NSW Government agency, owns and operates the Mount Penang Parklands.

Mr Crouch said the Parklands are already home to over 30 local and international businesses, education tenants, world-class gardens and a popular event space.

“The Borg Group’s announcement marks the second significant sale at Mount Penang, with HCCDC also selling land to the locally-owned and operated Stevens Group for a staged development over a 5.7-hectare site,” Mr Crouch said.

Borg Group Managing Director John Borg said that the company has a long history on the Coast and is excited to begin work at Mount Penang.

“It is a great location and the opportunities it presents for both our business and the broader region to thrive is something we are very passionate about,” Mr Borg said.

Founded some 30 years ago as a kitchen manufacturer at Charmhaven Borg is a locally owned family business with interests that include: polytec, Crossmuller, Australian Panel Products, reDirect Recycling and Direct Pallets. The Borg business model supports sustainable practices throughout all companies and brands, while employing over 2000 people nationwide.

Get results!

ADVERTISE YOUR PROPERTY IN CCBR

For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW MAY 2021

17

D

OL S %

40

6 Corella Close, Berkeley Vale

For sale from $495,000 + GST New Berkeley Vale Industrial from 182m².

Great new exclusive industrial unit development coming in 2021 to Berkeley Vale. Only 8 units available in one of the most sought after industrial pockets on the Central Coast.

Brad Rogers 0459 921 122

D

OL S %

50

20 Donaldson Street, Wyong

For sale $320,000 - $550,000 (excl. GST) 12 Industrial/Business Style Strata Units.

This stylish development will be constructed of full concrete pre-cast panel construction with commercial glazed shopfront windows and doors, high clearance automatic roller doors, amenities etc.

Bernie Nash on 0418 405 130

24-26 Hely St, Wyong

12 Reliance Drive, Tuggerah

For lease $85,000 pa net + GST A fantastic heritage listed property featuring dual street frontage, multiple suits, large waiting area and plenty onsite parking.

For lease from $21,500 + GST Multiple units available in this state of the art development with sizes for lease starting from 112m².

Ben Purdue 0450 719 600

Ben Purdue 0450 719 600

2 Reliance Drive, Tuggerah

5/257-259 The Entrance Rd, Erina

For lease incentives for long term tenants.

Multiple Office suites available with fit outs in place.

Located at the entry of Tuggerah Business Park with plenty of parking.

For sale $1.4Mil (No GST) Outstanding Investment opportunity to secure a quality investment with 2 tenants and a guaranteed investment income immediately.

Ben Purdue 0450 719 600

Brad Rogers 0459 921 122

Tenancy 2/90 The Entrance Road, Erina

25 Anzac Rd, Tuggerah

For lease $120,000 p.a. + outgoings + GST As good as it gets! 398m² approx. of prime workshop/ warehouse at the forefront of the most highly-desired development on the Central Coast.

For lease starting from $16,500 net pa + GST Multiple brand-new suites available ranging from approx.

46m² to 167m², presenting an exciting opportunity to secure a modern Office suite in Tuggerah.

Brad Rogers 0459 921 122

Ben Purdue 0450 719 600

dijonescommercial.com.au

PROPERT Y NEWS

Roofing company leases at Charmhaven Roofing company, All Coast Roofing & Supplies has leased Unit 4, 132 Chelmsford Road, Charmhaven.

Terms of lease are 5 years with 5 year option at a rental of $169,277 per annum including Outgoings plus GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

Kitchen manufacturer leases at Charmhaven Kitchen manufacturer, Hats off Kitchens, has leased Unit 2 at 132 Chelmsford Road, Charmhaven.

Terms of lease for the 825sqm unit are 3 years with 2 year option at a rental of $98,175 per annum including Outgoings plus GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

222 Wisemans Ferry Road, Somersby – industrial unit complex • A local business has paid $515,000 including GST for a 201 sqm warehouse unit at 222 Wisemans Ferry Road, Somersby • A Sydney investor has paid $1,520,000 plus GST for a 914 sqm warehouse unit at 222 Wisemans Sydney investor buys Tuggerah unit A Sydney investor has paid !,012,500 (GST not applicable) for Unit 5, 5 Colony Close, Tuggerah Business Park.

The 224 sqm office unit is leased a long term tenant on a 5 + 5 + 5 lease expiring in May 2013at a rental of $69,241 per annum net plus GST providing a net yield of 6.83% pa to the buyer.

Ben Purdue from DiJones Commercial Central Coast negotiated the sale.

Ferry Road, Somersby.

Unit 28 comprises 11 metre ceiling height, mezzanine office space with ducted air conditioning and amenities.

Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale.

Robert Bose from LJ Hooker Commercial Central Coast negotiated the lease.

Electrical supply company signs long lease on Charmhaven unit

Office equipment company leases at Charmhaven Digital Office Technology, suppliers of aftermarket spares and consumables for digital office printers and copiers , has leased Unit 3, a 1,230 sqm self-contained warehouse unit at 132 Chelmsford Road, Charmhaven.

Terms of lease are 1 year with 1 year option at a rental of $141,450 per annum including Outgoings and GST. Robert Bose from LJ Hooker Commercial Central Coast negotiated the lease.

An electrical supplies company has signed a 5 year lease with 3 x 3 year options on Unit 6, 132 Chelmsford Road, Charmhaven.

Annual rent for the 954sqm unit is $99,000 per annum including Outgoings and GST.

Auctioneers lease at Somersby National auctioneers, Lloyds Auctioneers, have lease a 1,505sqm unit at 5 Sailfind Place, Somersby.

The property comprises open plan design with full glass frontage, commercial grade carpet, amenities, ducted air-conditioning plus balcony.

Terms of lease are 5 years with 5 year option at a rental of $195,000 per annum plus Outgoings and GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the lease.

LEASINGS

Eyelash extensions business leases at Tuggerah Eyelash extension business, Just Lashes, has leased Shop 2, 168 Pacific Highway, Tuggerah.

Terms of lease for the 190sqm shop are 5 years with 5 year option at a rental of $39,500 per annum including Outgoings plus GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

Massage clinic leases at The Entrance The Thai and Remedial Massage Clinic has leased a 175sqm shop at 56 The Entrance Road, The Entrance.

Terms of lease are 5 years with 5 year option at a rental of $42,545 per annum including Outgoings plus GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

Dance studio leases at Wyoming A new dance studio has leased Unit 2, a 365sqm industrial unit at 11 Brooks Avenue, Wyoming.

Terms of lease are 5 years with 5 year option at a rental of $38,040 per annum plus Outgoings plus GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

Distributor leases at Wyoming Inspired Brands has leased Unit 3 of 245sqm, an industrial unit at 11 Brooks Avenue, Wyoming for warehousing and distribution.

Terms of lease are 2 years with 2 year option at a rental of $27,000 per annum plus Outgoing and GST. Ben Purdue from DiJones Commercial Central Coast negotiated the lease.

CENTRAL COAST BUSINESS REVIEW MAY 2021

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BUSINESS TIPS

MIND YOUR BUSINESS

By Troy Marchant, Director, Adviceco Chartered Accountants

FBT – why all business owners need to report in May FRINGE BENEFITS TAX (FBT) is often a grey area of tax for businesses, albeit quite black and white for the ATO. It is not an optional payment or reporting

responsibility. All businesses with employees are required to review and report Fringe Benefits paid up to 31 March to the ATO by 15 May. It is a bread-andbutter business tax obligation and the risk of doing nothing will leave businesses exposed in an audit.

So, what is it exactly? FBT is a payment to a current or former employee, or an associate or a relative of an employee, that is different to salary and wages.

Fringe Benefits include big things, such as a car, accommodation and/or housing, parking, travel, discounted loans, gym membership, school fees, and salary sacrifice arrangements.

It can include smaller things such as food, drink, entertainment and recreation.

The FBT rate for 2018 through to 2022

is 47% on the cost of the payment.

FBT has its own ‘year’. The reporting period is 1 April to 31 March. The reporting deadline is 15 May. Fringe benefits with a total value of more than $2000 need to be reported.

We’ve found that many businesses haven’t realised when they’ve provided a Fringe Benefit, so reporting nonetheless is worthwhile.

FBT concessions apply to Not-forProfits with certain criteria.

Here is some information for NFPs regarding FBT exemptions.

All business owners need to care about getting FBT right. Engaging an accountant to help dot the ‘i’s and cross the ‘t’s is a recommended way to stay on the right side of FBT and an ATO auditor.

Crimes and misdemeanours abroad: When can an employer dismiss an employee for their actions outside work

By Warwick Ryan, Partner, Hicksons Lawyers

MANAGING MISCONDUCT IN the modern workplace is challenging enough, but what happens when employee misconduct happens outside work hours? This article highlights situations where employers can act in response to employee behaviour outside work. It outlines some of the critical factors that may support employee termination in those circumstances.

1. Where the employee’s alleged act or incident outside the workplace relates to the employee’s specific work responsibilities An employer can generally seek to discipline or dismiss an employee where adverse behaviour has occurred outside work and there is a link to the kind of work they do.

Establishing the link between an employee’s non-work actions and the workplace depends on their industry, the circumstances of their role, and the circumstances of the behaviour. For example, situations where an employee is in a position of trust or responsibility for finances and is convicted of theft. It can be difficult for employers to establish what action is generally appropriate in the individual circumstances CENTRAL COAST BUSINESS REVIEW MAY 2021

of their staff, while also protecting the interests of their business. However, the specific circumstances of the incident, and employment type should be taken into account.

2. Where employee behaviour occurs outside conventional work hours but is linked to it An employee has a duty to uphold their work responsibilities even if they are not physically at work. This again is a situation where the relationships between the employer / employee and incident requires some thought.

For instance, the Fair Work Commission (FWC) ruled that an employer acted appropriately in dismissing an employee who assaulted (‘groped’) a hotel worker. The FWC referred to the employment contract (which required employer paid travel and accommodation) and employer reputation (see point 3 below) in the decision. The decision balanced the employee rights (to paid accommodation) to employee responsibilities to act appropriately while exercising those rights.

It’s important to consider the specific factors of a case, including the employer / employee relationship, along with the circumstances of the act in question. This case also highlights the vital role strong organisational policies, procedures and employment documents can play in protecting businesses.

3. Where the employee’s misconduct outside work impacts adversely upon the reputation of the business An employee’s criminal conviction or evidence of grossly inappropriate behaviour

outside of work can significantly damage a business brand and commercial interests.

The potential for significant reputational damage is amplified in this internet age of news going ‘viral’, where the behaviour of an employee can rapidly become identified with their employer. Today, all businesses are potentially exposed to these damaging situations. This raises questions regarding what right an employer has to distance themselves from that employee. In short, an employer can generally act to protect business reputation. However, dismissal based on reputational damage needs proof of certainty that the alleged act has occurred rather than relying on mere suspicion.

Final commentsWhere behaviour outside work is disturbing enough, employers have no other alternative but to respond to the threat that such (often criminal) behaviour poses. However, employers still need to ensure that the incident is substantiated; either by their own investigation (sometimes difficult for an external incident) or relying on a police conviction. Then, by filtering it through the above 3 criteria, an employer can act to protect the business against potential extensive legal costs and negative publicity which may arise under an unfair dismissal claim.

Whether you are after general information, keen to reduce your business risk, or responding to a critical issue, the Hicksons Workplace Relations team are happy to answer any questions you may have on the details below, or let us know your question with a quick email to Partner Warwick Ryan at warwick.ryan@hicksons.com.au.

BUSINESS TIPS

The evolution of Cyber Crime

By Michael Tremlett, General Manager, Loyal IT Solutions

I REMEMBER BACK in the 90’s when the Internet was regarded as being for nerds.

Using a modem which would dial out to the Internet (at an insanely slow speed compared to today’s speeds) and they would typically have a specific purpose for “logging on” like checking your email or doing research.

Flash forward to today and the Internet is ubiquitous. It has quickly become an essential utility like electricity and water. A defining point: When the Internet was built, it was designed with functionality in mind, not security. Enter the bad guys.

When the Internet was built, it was designed with functionality in mind, not security.

Back in the day, viruses and malware were produced to cause a nuisance and make headlines, something like digital graffiti.

Hackers then started to get malicious by creating viruses which caused widespread downtime and damage (examples being the Melissa, Code Red and Conficker viruses.)

The next generation of viruses were called ‘Browser Hijackers’; simply, a virus would be inserted into your browser allowing the bad guys to serve you advertising from their pool of ads, meaning they would receive advertising revenue instead of the website you were visiting. This was when hackers could start earning money. But, at this stage, there was no way to make big dollars because credit cards and cheques could be traced or cancelled; until crypto currency came along!

In January 2009, the Bitcoin network was started. What is the significance of Bitcoin to cyber security and hackers? It is valuable and untraceable!

Now hackers have a means to be paid big without being tracked. Couple this with already well-known technologies like encryption (like what your bank uses) and now we have a perfect storm for cyber criminals.

The next logical step for cybercrime was ransomware. In 2016, ransomware became the most popular form of cybercrime.

Ransomware locks your data (and often your backups) then asks you for payment in the form of Bitcoin in exchange for the key to unlock your encrypted data. The average payout for your data is over $300,000 US. I often hear “I’m not a big fish, I won’t be a target”, sadly this is not true. Everyone is a target, the hackers do not discriminate, they just go for the devices that are most vulnerable. In fact, the hackers usually prefer a SME, because firstly, the security is less effective and secondly, the data they “lock up” is probably more valuable to the individual(s) being held ransom.

This has become so much of a problem that the government is stepping up to create what they call “The Essential Eight” which are strategies to mitigate cyber security incidents. Loyal I.T. Solutions can help you implement these mitigation strategies in your business before you become a target.

Michael Trimblett is General Manger of Loyal I.T. Solutions and is also a qualified ‘Ethical Hacker’. He is one of the foremost specialists in cyber security north of the Hawkesbury.

ATO launches its new online reporting system The Australian Taxation Office (ATO) has activated its new service Online services for business portal that replaces the existing Business Portal. The initiative means the Online services for business portal is now the default service for every business that interacts with the ATO online.

“The Business Portal has served us well over the last 17 years, but it’s time to replace it with a much more contemporary service that’s been developed with business so we know they’ll enjoy using it,” ATO Deputy Commissioner, Deborah Jenkins, said.

“We’ve done extensive testing with clients. In the spirit of designing with the end-user in mind, many businesses have been involved in the development of the service from the very beginning, and we are grateful for the valuable feedback we’ve received,” Jenkins added.

“We’ve made many tweaks and improvements to the service as a result and continue to work through how we can further improve the experience for all businesses as they transition to our online platform.”

Online services for business has been designed to improve the ease of interaction with the ATO online – it can be accessed via mobile devices including phones and tablets – and offers busi-

nesses a secure environment in which to report their tax and superannuation to the tax office.

On top of the services that the previous Business Portal offered, Online services for business means its users will now be able to: • View and print tax returns and income tax history.

• Create payment plans.

• Switch between reporting channels for different businesses with a single log in • Customise their homepage • Access new secure mail subjects.

“The new time-saving features include the ‘switch ABN’ function, that allows clients to easily move between the businesses they manage without having to log out and back in again,” Jenkins said.

“Businesses have also told us they love being able to organise a payment plan with us online using the service rather than calling us, which saves them precious time.”

The Deputy Commissioner reported that there has already been in increase in participation from small-business owners who have made the switch to the new service.

“Businesses in the professional, scientific and technical services and construction

sectors have been quick to jump on board,” Jenkins said. “We’d like to see more of manufacturing, retail trade, health care and social assistance businesses also start using the service.”

Access to Online services for business is via the myGovID log-in, as was the case for the Business Portal. Businesses who didn’t use the old system will need will need to set up a myGovID and link that log-in to their business’s via the Relationship Authorisation Manager.

“We understand this year has, and continues to be, challenging for many clients,” Jenkins said. “We know businesses have a lot on their plate so we will maintain the electronic superannuation tool (eSAT) and Business Portal for a transition period over the coming months to help users adjust to the new service.

“We are here to support businesses through this transition and whilst the new service will ensure an improved experience across a range of services, it is important to note that it is not a replacement for the professional advisory services provided by tax professionals,” Jenkins added.

Information about Online services for business, including guides on how to use the system, is available at www.ato.gov. au/OSB. CENTRAL COAST BUSINESS REVIEW MAY 2021

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FUNNY BUSINESS

Seven ‘dumb’ ways to blow up your sales process

Trevor Marchant

I’VE BLOWN UP a few in my life and fortunately one way or another ‘my toes’ keep growing back.

Here are seven reasons why they ‘blow up.’

1. The wrong prospect. You can feel it in your bones – he doesn’t fit, he’s missing most of the criteria of your successful clients. You know it’s going to be a waste of time. This is where it starts…

2. The wrong process. Did she read the

material I sent ahead of time? No. Did she know what business we’re in. No. Did she understand how we work and what we do – and why. No. This is not my prospects’ fault. It is mine.

3. Wrong Budget. Why, why, WHY do we keep having sales conversations that start with “money is tight” or “Our budget’s been cut” or “I don’t have two cents to rub together.” Bring up money fast. Not your fees but their own pricing , ROI, lifetime-value etc…your fees/price need to be seen as an investment. I can show you how to do this if you want.

4. Wrong words. Listen closely at the beginning. Are they using the right words or the wrong words to indicate their readiness to move forward? Avoid the price – shoppers and ‘tyre-kickers.’

5. Wrong Questions. Are they asking you the right questions? Can you tell from their questions whether they are tracking with your best clients and customers? Can you

identify their underlying urgencies and priorities based in their questions?

6. Wrong talk. When a prospect spends any significant time telling me how successful they are, how financially lucrative their business is, and what kind of car they drive – I know we’re not a fit. Successful people are successful. They don’t talk about being successful. People like this often have a low-self image of themselves and this is one way they deal with it. No judgement here but it’s a sign for you to move on – and quickly.

7. Wrong fit. Like attracts like. If your prospect sticks out like a ‘sore thumb’ in an imaginary line-up of your best clients and customers – for the wrong reasons, then something is seriously wrong.

Fail to heed these seven warning signs and it is most likely you will waste a lot of precious time, money and energy with someone who won’t do business with you anyway.

NSW open for business with new agencyInvestment NSW leading the way INVESTMENT NSW, A new NSW Government agency, is open for business from today, reinforcing the State’s position as the economic engine room of the country.

Premier Berejiklian says the new agency will drive local and global investment and create the jobs of the future for NSW, showing the world that the State is open for business.

“Investment NSW is a one-stop-shop for the private sector – attracting and growing Australian and global companies, overseas capital, talent, tourists and students,” Ms Berejiklian said.

“From today, Investment NSW is up and running, with a mission to enhance NSW’s global position as a safe place to do business, attracting investment capital and creating jobs for our State.

“It will act as a concierge for businesses and investors to help them navigate the many options available for partnering with the NSW Government, whether that’s payroll exemptions, co-funding great ideas, providing connections to

CENTRAL COAST BUSINESS REVIEW MAY 2021

global export markets and more.”

Minister for Jobs, Investment and Tourism Stuart Ayres said the Government’s COVID-19 Recovery Plan is the blueprint that will reinforce NSW’s position as the economic engine room of the country.

“The NSW community has shown extraordinary resilience in the face of many challenges – bushfires, drought, flood and the COVID-19 pandemic,” Mr Ayres said.

“Now is the time to be confident and on the front foot in attracting investment, talent and visitors who will drive us to new heights as we look beyond economic recovery to growth.”

Investment NSW will be led by Chief Executive Amy Brown, who was previously Deputy Secretary at the Department of Premier and Cabinet, heading the economic and commercial leadership team.

“As a central agency, Investment NSW will drive all trade and investment attraction activities as a one-stop-shop

to maximise economic benefits and jobs growth across NSW,” Ms Brown said.

“From day one we will be reaching out to key industry partners and investors – both domestic and international – to start work on their top priorities for government to partner through the COVID recovery.”

The establishment of Investment NSW brings together a number of groups from across government into the Premier and Cabinet cluster including the Jobs, Investment and Tourism group from NSW Treasury (includes Jobs Plus and the 24 Economy Commissioner), Destination NSW, Study NSW, R&D NSW and Global NSW. Investment NSW will be jointly responsible to the Premier, the Deputy Premier, Minister for Regional NSW, Industry and Trade and the Minister for Jobs, Investment, Tourism and Western Sydney.

For more information about Investment NSW visit https://www. investment.nsw.gov.au/

FUNNY BUSINESS

TWO MEN GOT out of their cars after they collided at an intersection. One took a flask from his pocket and said to the other, “Here, maybe you’d like a nip to calm your nerves.”

“Thanks,” he said.

“Here, you have one, too,” he added, handing back the whiskey. “Well, I’d rather not,” said the first. “At least not until after the police have been here.”

What’s the definition of an accountant?

Someone who solves a problem you didn’t know you had in a way you don’t understand.

While crossing the US-Mexican border on his bicycle, the man was stopped by a guard who pointed to two sacks the man had on his shoulders. “What’s in the bags?”, asked the guard.

“Sand,” said the cyclist.

“Get them off - we’ll take a look,” said the guard.

The Cyclist did as he was told, emptied the bags, and proving they contained nothing but sand, reloaded the bags, put them on his shoulders and continued across the border.

Two weeks later, the same thing happened. Again the guard demanded to see the two bags, which again contained nothing but sand. This went on every week for six months, until one day the cyclist with the sand bags failed to appear.

A few days later, the guard happened to meet the cyclist downtown. “Say friend, you sure had us crazy”, said the guard. “We knew you were smuggling something across the border. I won’t say a word - but what is it you were smuggling?” “Bicycles!”

I went to the cinema the other day and in the front row was an old man and with him was his dog. It was a sad funny kind of film, you know the type. In the sad part, the dog cried his eyes out, and in the funny part, the dog laughed its head off. This happened all the way through the film. After the film had ended, I decided to go and speak to the man.

“That’s the most amazing thing I’ve seen,” I said. “That dog really seemed to enjoy the film.”

The man turned to me and said, “Yeah, it is. He hated the book.”

A man walks into a bar one day and asks, “Does anyone here own that rottweiler outside?”

“Yeah, I do!” a biker says, standing up.

“What about it?”

“Well, I think my chihuahua just killed him...”

“What are you talkin’ about?!” the biker says, disbelievingly. “How could your little runt kill my rottweiler?”

“Well, it seems he got stuck in your dog’s throat!”

A cop pulls up two Irish drunks, and says to the first, “What’s your name and address?”

“I’m Paddy O’Day, of no fixed address.”

The cop turns to the second drunk and asks the same question.

“I’m Seamus O’Toole, and I live in the flat above Paddy.”

After reading a bunch of “self-help” books, I’ve FINALLY found the secret to financial success!

I’m going to write a self-help book.

A little girl was wondering where humans came from. She asked her mom, and her mom gave her a religious explanation, telling her how God created Adam and Eve. She asked her dad, and her dad told her about evolution, saying that humans were descended from monkeys.

The little girl was very confused, so she asked her mom, “Why did you tell me that humans came from God and dad tell me that humans came from monkeys?”

Her mom replied, “Well, I was telling you about my side of the family. Your dad was telling you about his.”

A woman is talking about her marriage over lunch with a friend. “For 20 years, my husband and I were blissfully happy. Then we met each other.”

A guy goes in for a job interview and sits down with the boss.

The boss asks him, “What do you think is your worst quality?”

The man says “I’m probably too honest.”

The boss says, “That’s not a bad thing, I think being honest is a good quality.”

The man replies, “I don’t care about what you think!”

Quote of the month “Anybody can cut prices, but it takes a brain to produce a better article.”

P. D. Armour

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THE NEW M3 WITH AN EXTENDED TEST DRIVE.

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