CCBR August 2016 by Central Coast Business Review

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Vol 26 August 2016 Published monthly (except January)

business review

KERRY WHITE from an idea to a billion-dollar vision The Albany creates new benchmark for off-plan sales Sydney – Newcastle High Speed Rail service an investment in the future Wallarah 2 amended plans on exhibition

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20,00 0 Cover story 4 Kerry White – from an idea to a billion dollar vision

Business News 7 The Albany creates new benchmark for off-plan sales 8 Bohemian Traders opens at Erina Heights 9 Ken Jolly AM retires 9 Environment protection guarantee for Warnervale developments 10 Sydney – Newcastle High Speed Rail service an investment in the future 10 English teaching TV show acclaimed at Cannes 11 Walker Bros now a ‘one-stop’ shop for local builders 12 McPhan adds 100 tonne crane to fleet 12 Dickson appointed Commissioner of Land and Environment Court 13 Central Coast Motor Group adds LDV commercial vehicles 13 McDonald’s extends local juice trial 14 Wallarah 2 amended plans on exhibition

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14 Former councillors given paid advisory role 14 Industry urges government to take the lead in achieving nationally consistent public holidays 15 Investment syndicate buys Wyong industrial 16 Commercial and Industrial Property For Sale / Lease

Front cover: Kerry White, CEO Mirait Technologies Australia Photo by: Essence Images

19 Expat eyes life on waterfront at Gosford 20 5 signs you need to have to make a start up business work 20 Can directors of a company be directly liable for the underpayment of wages?

Regular features 6

Edgar Adams’ Editorial

Coast returns to its political roots

12 Business Briefs 15 Property News 19 Residential Prestige Property Report 22 Funny Business 23 BUSINESS SERVICES DIRECTORY

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Central Coast Business Review Central Coast Business Review is a Registered Trade Mark of Adams Business Publications Pty Ltd P.O. Box 3259, Erina, NSW 2250 Phone: (02) 4367 0733 Fax: (02) 4367 0744 Email: info@ccbusinessreview.com.au Typesetting by Graphic by Design ph (02) 4365 6777 Print & Distribution by Bromley Direct ph 0412 439 773 © Adams Business Publications 1994. All rights reserved. Reproductions in any part prohibited. While every effort has been made to ensure all information in this magazine is accurate, no responsibility will be accepted by the publisher, Adams Business Publications. The producer accepts no responsibility for illustrations or photographs supplied by organisations or individuals and/or typographical errors.

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CENTRAL COAST BUSINESS REVIEW AUGUST 2016

COV ER S TORY

Kerry White – from an idea to a billion-dollar vision • How one man with an idea and vision aims to achieve a billion dollar turnover by 2026 • Why a Central Coast company was targeted by a division of the multi-billion dollar Japanese Mirait Group • The challenges of going from family business to global corporation • Exciting new projects and diversification plans for the company announced. OVER THE COURSE of just seventeen years, Kerry White has achieved more in his career than most do in a lifetime. As CEO, Executive Director and Chairman of the Board of the $60 million dollar telecommunications construction company, Mirait Technologies Australia, White, a graduate of Woy Woy High and Gosford TAFE, is proof that it takes more than a string of letters behind your name to make it big in the global corporate world.

By Phaedra Pym

pany. Using his reputation with Telstra as a premium service provider to his advantage, White led CCTS Construction to begin building networks and delivering maintenance services for the organisation. CCTS Construction grew quickly from a single man operation in 1999 to a medium sized company with a staff of around 60 in 2003. By 2007, the staff had doubled to 120 and the company was completing major infrastructure projects like the Mitchel Link - the design and construction of Australia’s first government funded private open access fibre optic cable installation. In 2009, CCTS Construction (now led by four partners) opened an office in Brisbane and Melbourne and started broadening their customer base. In 2011 White led a team to manage the Australian Square Kilometre Array Pathfinder (ASKAP) Project – the design and construction of fibre optic cable over a 400km stretch in the Western Australian desert for Aarnet and the CSIRO. “The success of these and many other major projects and indeed the company has always hinged on the core team assembled in the time of CCTS and continues today as Mirait”.

Heading a company at the forefront of NBN technology in Australia, White and his business partners presented an opportunity to Japanese billion-dollar global telecommunications infrastructure provider, Mirait Technologies Corporation, to gain a foothold in the Australian market. This is the story of how a Central Coast local with an idea (and the courage to pitch it) is now growing a company with a realistic vision to achieve the billon dollar mark within the next ten years. White’s first job with Telecom (now Telstra) saw him travelling all over NSW as a technical trainer until 1992 when he began subcontracting to a number of telecommunications providers including Telstra, Optus, Visionstream and Central Coast telecommunications company CCTS. In 1999 White approached CCTS with an idea and a business plan that would dramatically change the course of his future and the future of the local telecommunications industry. That idea was based on his significant experience in the growing construction arm of the sector. After gaining approval to move forward with his idea, White took the helm in forming a new company called CCTS Construction Pty Ltd, becoming the fifth partner in the com-

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COV ER S TORY

In 2013, White and his CCTS partners began discussions with Mirait Technologies Corporation (MTC), a division of the multibillion dollar Mirait Group based in Japan. Knowing their domestic market was shrinking, Mirait had been looking at their options globally for some time. Lured by the prospect of the NBN build in Australia, Mirait came with a desire to help build the network. “Mirait targeted us as they saw us as a reputable and capable company,” said White. “At that time we were turning over around $30 million a year and we had a great reputation in the industry, both with Telstra and the NBN.” In April 2014 MTC purchased a 51% stake in CCTS Construction and on July 1, CCTS Construction formally changed its name to Mirait Technologies Australia (MTA) with three local shareholders – White (CEO, and Chairman of the Board), Ian Richter (Commercial Director) and Ian Laing, one of the founding members of CCTS and a shareholder in both MTA and CCTS. “Now as Mirait Technologies Australia we do all the things we did before, but on a larger scale on the back of their (Mirait’s) investment into the company and their corporatisation of our business,” said White. White said some of the challenges of making the transition from what was essentially a family business into a global corporation included the financial compliance and stringent lines of reporting that are required when dealing with a multinational holdings company, and the culture within the organisation, which he said struggled

(l to r) , Mr Osamu Ebihra, General Manager, MTC Global Business, Kerry White, CEO MTA and Mr Mamoru Tanaka, Senior General Manager MTC Global Business initially, particularly with the language and cultural differences. MTA recently hosted the first bi-annual Mirait global business forum to be held outside Japan resulting in a major win for the Tuggerah based company. On the back of the forum, MTA has just been recruited to work on new Mirait projects in Myanmar, The Philippines and Papua New Guinea. These projects will see some staff from MTA seconded for their expertise in financial and project management. Another exciting development in terms of the evolution and growth of MTA came with the announcement in May that the company has been awarded a three-year contract to upgrade Telstra’s entire pit net-

work along the eastern seaboard, a project, which is estimated to be worth $90 million. In securing the contract, MTA competed as part of an invitation-only tender against billion dollar companies including Visionstream, Service Stream and the Downer Group. When asked what pushed MTA over the line to win that contract against such ‘heavy weights’, White said that while price counts for about 50% of the weighting in the decision-making process, it also comes down to the organisation’s safety and delivery track record. “We had the highest rating over the last ten years for safety, quality of delivery and certainty of delivery,” said White. CONTINUED ON PAGE 21

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EDITORIAL

Edgar Adams discusses local issues

Coast returns to its political roots WELL THE FEDERAL Election has come and gone and the country has a Liberal national government for the next three years. Commiserations to the former Member for Dobell, Karen McNamara who lost out to Labor, thanks to the unions who swamped the place out. Even so, taking into account the redistribution which guaranteed Dobell would go back to Labor, this has always been a Labor seat. Our congratulations to Emma McBride who will have a job on her hands getting the government to listen to her. In Robertson Lucy Wicks won by 2,200 votes after preferences. Taking into account the Liberal votes that Robertson picked up in the redistribution that was not a wonderful result for Mrs Wicks. Robertson could go back to Labor very easily and the Government needs to understand that. Here on the Central Coast the “Jobs and Growth” mantra didn’t seem to work. Why? Because we have been hearing about “jobs” for over twenty years and it hasn’t worked. Politicians think it’s a good catch cry but in the end they have no concept of what a “job” is. The State Election in March also proved that the Central Coast is a Labor voting area and the aberration that saw the O’Farrell Government come into power was just that – an aberration. Wyong went back to Labor, so did The Entrance and Gosford. Terrigal (once called

Gosford) is the only Liberal seat. This shows that the Central Coast is a Labor voting region. Regardless of what they may think the Seat of Robertson is very marginal. The local Member and the Prime Minister and former Minister for Communications who claims he “fixed” the NBN rollout need to be listening. The Prime Minister needs to understand what “jobs” are and who creates them. Certainly not government. It is the private sector that creates jobs. In particular small and medium businesses, owned by mums and dads who take risks, work their guts out and pay their taxes that keep the public servants in a job. I was talking to one successful businessman recently who has a number of retail shops across the state. He told me that inflexibility in the workplace and penalty rates are the big issue. “I would put on an extra 60 people if I could but I simply can’t afford to do it.” These are the people who Mrs Wicks and her colleagues need to be talking to. These are the people who drive the economy and they are the very people the government will not listen to. John Howard’s Work Choices went too far and unnecessarily so but we swung back too far under a union controlled Gillard / Rudd Government and the Liberal Government under Tony Abbott wimped out.

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Let’s see if the Prime Minister is a wimp. As we go to press we learn that the Wyong coal mine proposal is back on track (see page 14) and is before the Department of Planning for consideration. The company could not come to an agreement with the Darkinjung Local Aboriginal Land Council so they have come up with an alternative site for the proposed rail loop and re-location of the rail spur and train load out facility. This is good news because it was the only impediment to the approval by the Land and Environment Court. Of course all the activists and politicians are out in force against this. The activists are hanging their hats on a letter from Barry O’Farrell before he became Premier and his local Liberal mates whose reputations have all been tarnished by the infamous ICAC enquiry. Well they don’t exist anymore. The current political crop along with the sacked Wyong Councillors are all up in arms against it too. What hypocrites. They prattle on about the need for employment and jobs for young people but stop at a real opportunity that would help our economy just to get a few lousy votes. It has nothing to do with the water supply. Just an emotional furphy put out by the Valley mob who oppose the Warnervale Airport too. CONTINUED ON PAGE 21

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BUSINESS NEWS

The Albany creates new benchmark for off-plan sales CONSTRUCTION STARTS THIS month on The Albany, a 54 apartment development on the corner of Albany and York Streets, East Gosford. Launched in late February with a marketing campaign by agents, McGrath, aimed at the investor market locally and from Sydney, off-plan sales by mid-July had reached 70% and have achieved an average sale price of over $8,400 sqm. McGrath Central Coast Managing Director, Jamie Woodcock said the response to the marketing campaign had been strong. “Prices for The Albany have created a new benchmark for off-plan sales across the Central Coast and demonstrates that with a quality product and a client prepared to invest in a quality marketing campaign investor interest in our region is ready and waiting.” All 1-bedroom + study apartments have sold at prices from $405,000 while 33 sqm Studio apartments have brought $298,000 and 70 sqm 2-bedroom apartments have sold from $539,000. “The display suite located in East Gosford has been critical in displaying the level of finish and overall concept of the project to prospective buyers. It also demonstrates the integrity and commitment of the developer who is prepared to qualify exactly what the buyer can expect on completion of their apartment.” The development is a design from Sydney architects Marchese Partners who have a strong reputation in the Sydney market with projects such as Bondi Icebergs and many others. The developer, Central Element also has strong track record in Sydney but combines that with local knowledge and success from various projects on the Central Coast in the past decade in particular with their award-

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Photo montage of The Albany East Gosford winning development La Joya in Terrigal and The Brunswick also in Terrigal. Mr Woodcock said, “These sale prices have given the area a real boost and should demonstrate to other developers that quality projects will be rewarded with strong interest. The mix of studio, 1 bedroom and 2 bedroom apartments were initially a bit of a controversial decision during the design process but proved to be a winning formula in the sale process,” he said. “The overall story of a growing local workforce, public infrastructure works and a renewed private sector has definitely become a compelling one to the investor market. Investors have shown their interest and belief in the emerging ‘Gosford story’ particularly now with the commencement of works at Gosford Hospital and development of the ATO building,” Mr Woodcock said.

“On completion occupiers of The Albany are going to be rewarded with a beautiful building of quality construction in a location very quickly becoming the most sought after location on the Coast” The Albany is due for completion late 2017. Meanwhile, McGrath have commenced marketing for Capri, a 6-level, 20 apartment development in Lynne Avenue, Point Frederick overlooking Gosford Sailing Club and Brisbane Water. Mr Woodcock said that in the first four weeks of the campaign they have received deposits for 40% of the project. “Strong interest has come from downsizers attracted to the boutique/luxury style of the project as well as the near waterfront location,” he said. Designed by architects White + Dickson, Capri is also being developed by Central Element.

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BUSINESS NEWS

Bohemian Traders opens at Erina Heights AUSTRALIAN ONLINE FASHION label, Bohemian Traders, has opened a retail store at Erina Heights offering local online shoppers “click and collect” style options as well as expanding their visible presence on the Central Coast. Established by Emily and David Berlach as an online store offering good quality, wash and wear modern Bohemian clothing for women of all sizes only three years ago the business continues to grow with a bricks and mortar presence now being part of their growth strategy. “We had been considering opening a retail store for some time but had not made any concrete plans. However the opportunity to lease at 2a, 490 Central Coast Highway came up and this forced us to review our plans,” said Mr Berlach, adding, “the location is perfect for our demographic and the timing seemed right so we jumped on it.” “Given the close proximity to our warehouse and head office at Erina it is also a great test store to iron out any bugs before we look at opening further boutiques,” he said. “The online business is still very strong and growing with turnover up just over 40% for the 2016 financial year and while

CENTRAL COAST BUSINESS REVIEW AUGUST 2016

Emily and David Berlach our business is still predominantly online, having a presence in bricks and mortar is a great fit for us and will hopefully allow us to provide an even stronger service offering to our customers.” Meanwhile, online businesses on the Central Coast continue to start up and grow while remaining under the radar. Nearly all start from home and are dependent on a reliable, fast broadband service.

The latest NAB Online Retail Sales Index May Update reveals that Australians spent $19.9 billion on online retail in the 12 months to May 2016. This level is equivalent to 6.7% of spending at traditional bricks and mortar retailers as measured by the ABS in the 12 months to April 2016. While representing just over a third of all online sales, SME (22.7% yoy) outpaced corporates in May, its highest recorded annual growth rate.

BUSINESS NEWS

Environment protection guarantee for Warnervale developments

Ken Jolly AM retires

KEN JOLLY AM, Chairman of Scholastic International and Scholastic Australia, has announced his retirement from Scholastic after 46 years of service. Starting from the moment he joined the company on September 1, 1970, Mr Jolly built the Australian and New Zealand companies into the largest publisher and distributor of childrenâ&#x20AC;&#x2122;s books in both countries, and through his work with Scholastic Book Clubs, Fairs, Education and Trade channels, he has significantly influenced Scholastic worldwide. Mr Jolly has always had a strong commitment to public service and to giving back. He and Scholastic supported the Dromkeen Childrenâ&#x20AC;&#x2122;s Literature Foundation housed at the Dromkeen Homestead in Riddells Creek, Victoria for over 30 years, which then grew to become Australiaâ&#x20AC;&#x2122;s most significant collection of Australian Childrenâ&#x20AC;&#x2122;s Picture Book Art. He also established childrenâ&#x20AC;&#x2122;s libraries called Scholastic Book Bunkers

in three major Australian childrenâ&#x20AC;&#x2122;s hospitals. In 2005 he was awarded the Order of Australia, recognising his significant contributions to fostering literacy and reading throughout Australia as well as his contribution to the community through his support for organisations and charities benefiting sick and under privileged children. Dick Robinson, Scholasticâ&#x20AC;&#x2122;s Chairman and Chief Executive Officer, said, â&#x20AC;&#x153;I have always regarded Ken Jolly as a partner in building the global Scholastic, a colleague who personally exemplifies the values and the unique commitment of Scholastic to childrenâ&#x20AC;&#x2122;s reading and learning, and a friend of strong character and belief who has always been a stalwart champion of the company.â&#x20AC;? He will continue to serve as an advisor to the Scholastic International companies including Australia and New Zealand, and to supervise the non-profit work of Scholastic Australia.

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CENTRAL COAST COUNCIL has engaged Eco Logical Australia (ELA) to prepare biodiversity certification and offset strategy to ensure current greenfield sites, south of Sparks Road, Warnervale are developed sustainably.Â Council says that the Strategy will identify areas of high value vegetation and habitat for permanent protection and the areas that will deliver the best employment generating development. An appropriate development footprint will be established for land around the Warnervale Airport and Education Business Precinct so potential developers and landowners know up front where development will be allowed. As Council itself is a major land holder in the area, it will be able to ensure that significant environmental offset land is secure, protected and managed effectively. The proposal will require the approval of the NSW Minister for the Environment who will need to be satisfied the conservation measures result in an overall improvement in biodiversity values. Administrator Ian Reynolds said, â&#x20AC;&#x153;This land is ripe for development and it is important we get controls right from the start to ensure we can balance the need to create jobs while also protecting the environment.â&#x20AC;? â&#x20AC;&#x153;Areas identified in this process as being of high value vegetation and habitat will be protected in perpetuity. â&#x20AC;&#x153;We are streamlining the development process so potential land purchasers and developers will know up front where they can develop and will ensure we get the right development in the right place that delivers the jobs and opportunities our community need.â&#x20AC;?Â

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BUSINESS NEWS

Sydney – Newcastle High Speed Rail service an investment in the future A HIGH SPEED Rail Forum held by Regional Development Australia Central Coast last month saw nearly fifty Central Coast community and business leaders learn of the opportunities and benefits that a High Speed Train would bring to the Central Coast. Keynote speaker was Shohei Yoshida, General Manager of the Sydney Office of the Central Japan Railway Co (JRC) owner, operator and innovator of the Tokaido Shinkansen bullet train system linking Japan’s principal metropolitan areas of Tokyo, Nagoya, and Osaka since 1964. Also speaking was CCBR Editor Edgar Adams who focused on the economic opportunities a high speed rail service between Sydney and Newcastle would bring to the region and the importance of working with the Hunter region group advocating for High Speed Rail. In support of this project Lederer Group’s Steve McGillivray informed the group on changes to the Gosford CBD and how that could influence a HSR service through Gosford. Mr Yoshida highlighted JRC’s fifty year history with a perfect safety record and no accidents resulting in fatalities while maintaining absolute punctuality. CCBR ‘s contacts with one advocate for the HSR in Australia says challenges do exist with construction costs on the section between Sydney and the Central Coast seen as the most expensive. They say, “Two Federal Government studies, one in 2012 and the Phase 2 report in 2013 have come up with a wheelon-rail option of $19 billion for a Sydney – Newcastle service stopping at Hornsby and Ourimbah. The earlier study estimated between $11 and $18 billion for a fairly similar route but with stations at Hexham, Ourimbah, Kariong and Hornsby”. However the two studies differed quite substantially in their patronage and timing assumptions, with the Phase 1 study seeing substantial commuter demand whereas the Phase 2 study seemed to omit this. Indeed the Phase 2 study had 4.75 million annual trips along this section of HSR line well out into the future, namely in 2065, whereas the Phase 1 study had identified 4.7 million in 2036 principally from commuters (all up including non-commute trips it was much higher still at 14.9 million). To date no one in the Federal Department responsible has been called upon to explain this discrepancy and it may have simply been a way of pushing the barrow of a Canberra to Sydney 1st stage ahead of the more useful Newcastle to Sydney stage, for it does defy common CENTRAL COAST BUSINESS REVIEW AUGUST 2016

RDA Central Coast CEO, John Mouland, CCBR Editor Edgar Adams, RDA CC Deputy Chairman Bob Ward, Lederer Group Gosford Alive Project Manager Steve McGillivray and Central Japan Railway Co General Manager, Shohei Yoshida. sense that the ACT with its 400,000 population would rank ahead of the combined Hunter-Newcastle-Central Coast region with approximately 1 million population in terms of usage potential. Meanwhile, a new generation of high speed trains in Japan will build on reliable proven technologies with a lighter body and regenerative braking system which will result in less energy consumption and less maintenance for tracks, bridges and axles. This new generation train has been trialled at speeds above 350 km/h and will require smaller tunnels which is estimated at 50% of total construction costs. In respect to regional development, Mr Yoshida cited the example of how his company had developed the space over the stations that lead to considerable economic growth and employment. These developments included high rise commercial offices, hotels, restaurants and souvenir shops, shopping malls and parking stations. These developments also contributed to the economic viability of the Shinkansen operation. Mr Yoshida explained that in all instances where High Speed Rail is in use demand growth outstripped population growth as people saw the opportunities to use the system to access the destinations thus increasing tourism and employment, commuting and airport transfers. “Business trips to Sydney, Brisbane, Canberra and Melbourne will become easier than flying,” he said. In the specific instance of the NewcastleCentral Coast region, a 40 minute travel time between Newcastle and Sydney or an under 30 minutes travel time for Gosford residents would mean opportunities for growth, development, prosperity and sustainability!

For Gosford, that requires a separate rail spur off the main north-south HSR line, but engineers are already working on design ideas for that prospect, and if it were included as part of the HSR plans, Woy Woy could also have a stop. Alternatively, without such a spur the opportunity exists to consider growth on the Somersby plateau and maybe new road links to the location of the Central Coast station location. In any event the Wyong-Ourimbah area seems well placed to be eligible for a station location and even Morrisset might be a chance. Really all this needs is for the Federal and State governments to give this matter priority, to actually adopt longer term planning through the Greater Sydney Commission, enact perhaps the sort of legislation which ex-Transport Minister Albanese has proposed, and to not so much leap into the future, but simply catch up with the rest of the world. For this visionary project to take off it will be necessary for the Central Coast to work collaboratively with the Hunter region because it is the combined population of around a million people that it will service that has the potential to make it viable. A NEW APPROACH TO FUNDING Readers may have noticed how the Turnbull Government released a Smart Cities Plan policy prior to the recent election and how this mentioned the concept of “value capture’ as a way of funding major rail links. Value capture is a type of financing that recovers some or all of the value that public infrastructure generates for private landowners, such as through land taxes or a levy on developers of new properties. CONTINUED ON PAGE 21

BUSINESS NEWS

Walker Bros now a ‘one stop shop’ for local builders CENTRAL COAST AWARD-WINNING timber and building supplier, Walker Bros is now a complete ‘one-stop shop’ for Central Coast builders, following a recent investment in state-of-the-art timber moulding equipment. The two new machines complete Walker Bros’ capacity to deliver everything builders and DIY customers could need when it comes to timber - from purchasing their materials, to cutting the timber to size, laminating, and creating professional custom profiles and finishes. All services are completed on the premises by experienced machinist operators and can be delivered onsite. Walker Bros’ new machinery consists of a woodworking moulder capable of massproduction moulding operations, and a spindle moulder, which is ideal for creating custom profiles in a fraction of the time that it would take a builder to achieve the same result by hand. Both machines allow for custom finishing of timber that is fit for purpose, saving builders significantly in labour. The North Gosford based company hosted a demonstration of the new equipment to around twenty-five local builders last month, including John Melvin, the Construction Manager at North. When asked how the new equipment and services would benefit North with the kind of large-scale non-residential projects they specialise in, Mr Melvin said, “Having these services on the Coast will give us more options in terms of what we can offer our clients, especially given the machinery’s ability to produce specific mouldings and create secret fixing (screwless) decking timber.” With labour time halved using this method of deck construction, the cost saving to builders and their clients is said to be in the thousands.

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Walker Bros’ Operations Manager Keith Sparrow explains their new timber moulding equipment to a group of local builders First opening their doors on the Central Coast in 1933, Walker Bros is a multi-generational family success story. The business has not only survived a number of major challenges over the years (including a devastating fire in 1995) but is thriving in a market that puts them in direct competition against retail giants, Bunnings and Masters. Walker Bros’ recently won the 2016 Excellence in Business award at the Gosford, Erina and Coastal Chamber Awards.

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BUSINESS BRIEFS

McPhan Cranes adds 100 tonne crane

McPhan’s new Tadano 100 tonne all terrain crane MCPHAN CRANES AND Transport have celebrated their 30th year in business on

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the Central Coast with the addition of a new Tedano 100 tonne crane to their fleet. The All Terrain Crane with 100 tonnes capacity and a massive 74 metre vertical reach is the largest between Sydney and Newcastle. The new crane brings the number of cranes in McPhan’s fleet to 6 ranging in capacity from 10 tonnes to 100. Since acquiring Davies Bros Cranes 14 years ago, the father and son family team of Dave and Tony McPhan have invested heavily to keep up with their customer’s broad range of requirements. “Our customer’s safety and satisfaction is paramount to our business. For this reason we regularly update our fleet with state of the art technology,” said Tony McPhan. Complementing McPhan’s crane operations is a fleet of six trucks including tilt trays & crane trucks to service a wide ranging customer base across the Central Coast and Hunter regions. McPhan Cranes and Transport service all sectors of industry from commercial and residential requirements through to heavy industrial and Institutional construction work.

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Dickson appointed Commissioner of Land and Environment Court

Danielle Dickson FORMER GOSFORD COUNCIL Director of Governance and Planning, Danielle Dickson, has been appointed a Commissioner of the NSW Land and Environment Court. The appointment is for a seven year term from 18 July 2016 and was made by the Chief Judge of the Court. Mrs Dickson has twenty years applied experience in the practice of architecture and local government and town planning, initially in the private sector and since 2004 in the local government sector. Before joining Gosford Council in 2014 Mrs Dickson was Acting General Manager of the City of Ryde Council and prior to that was Manager Development Assessment and Major Projects at Wyong Council for four years. Ms Dickson is an architect and town planner. She has a Bachelor of Architecture (Hons), Master of Environmental and Local Government Law and Master of Business Administration, and is a qualified Company Director and a nationally accredited mediator.

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BUSINESS BRIEFS

Central Coast Motor Group adds LDV commercial vehicles

LDV Manager Ron Piltz Central Coast Motor Group has announced the latest addition to their stable of world class brands on the Central Coast with the arrival of LDV commercial vehicles. LDV is a division of SAIC (Shanghai Automobile and Industrial Corporation), the largest automotive manufacturer in China and is one of Europe’s most recognised commercial vehicle brands. “We are thrilled to be taking this new brand under our wing and to be making these quality vehicles available for our clients on the Central Coast,” said LDV Manager Ron Piltz. “The LDV brand has quickly established itself in the Australian market since its introduction last year, and we believe that its sharp pricing, quality build standard and vehicle performance is ideally suited to the light commercial van and small minibus local market,” he said. The LDV range includes vans, people movers, cab chassis and buses.

McDonalds extends local juice trial Central Coast McDonald’s Restaurants have extended the 3-month trial for local fruit juice company East Coast Foods & Beverages. Earlier this year, in April McDonald’s placed the company on their recommended supplier list as part of their ‘test and learn’ programme for 17 Central Coast restaurants. At that time Ron Fresh fruit juice being delivered to McDonald’s Erina store Mussalli who owns ten East Coast Business Development McDonald’s franchises at West Gosford, Manager, Samuel Lentini said that he is Gosford Imperial, Bateau Bay, Mingara, hopeful this could be extended through Erina, Erina Fair, Lisarow, Wyoming, Umina the summer months. and Woy Woy had recommended the prodMr Lentini said they had increased their uct to the company’s head office which staff numbers as a result of the McDonald’s they agreed to. business. “I can’t thank these Franchisees The other local franchisees includenough for their support and passion in ing Shannon Fell owner of McDonald’s buying the local product,” he said. Kincumber restaurant, Raylee McLeod owner of McDonald’s Wyong, Tuggerah, Wadalba and Lake Haven and Jeffrey Fisher who owns the M1 North and M1 South franchises came on board as well. ses Wanted The products tested have been 300 ml Quality Businesmobile home villages, 100% Orange Juice, 100% Apple Juice, parks, Including caravan ustries. turing & service ind fac nu 100% Pineapple Juice, Country-style ma s, tel mo e. nc rie pe Over 37 years ex Lemonade as well as a recently introduced STATES product Jive brand Kiwi Peach Smoothie ARGYLE43E32 6555 Ph: 02 and Apple Carrot Ginger Smoothie, both in terrigal.net.au @ le gy ar 300 ml sizes.

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CENTRAL COAST BUSINESS REVIEW AUGUST 2016

NEWS

Wallarah 2 amended plans on exhibition IT HASN’T CLEARED the final approval hurdles as yet, but the proponents of the Wallarah 2 underground coal mine are seeking expressions of interested from potential employees and business partners. The project – if approved – will generate 300 direct jobs and plenty of opportunities for Central Coast businesses and that’s why the company is now advertising for Expressions of Interest. “We want to hear from experienced underground coal miners as well as from those who don’t have experience but would like to join the industry”, said Project Manager Kenny Barry. “While a final decision on the proposal is still some distance in the future we want to be prepared if we get the green light.” The company also wants to hear from local businesses who may have the capacity to provide both goods and services to the proposed mine in both construction and operation. An amendment to the plans for the Wallarah 2 Coal Project is currently on exhibition for public comment. In 2014 the project was the subject of proceedings in the Land & Environment Court, which ruled that the company had to obtain the consent of the New South Wales Aboriginal Land Council to its application. Kenny Barry said the company has been unable to obtain that consent. “So we put our thinking caps on to find

a way to avoid any impact on Aboriginal land, and therefore remove the need for consent from the Aboriginal Land Council. After a lot of hard work we’ve found a way to do that which also reduces environmental impacts.” Those changes are the focus of the amendment application. The Amendment Image showing new rail loop avoids the need to develop infrastructure on land owned by the Darkinjung Local Aboriginal Land Council, thereby removing the requirement for the consent of the NSW Aboriginal Land Council. Mr Barry explained that the company redesigned the coal transportation infrastructure and sewer connection for the Project. All other aspects of the proposal remain unchanged. In summary the Amendment makes three changes to the original proposal: Removal of the previously proposed rail loop and re-location of the rail spur and

train load out facility to the eastern side of the Main Northern Rail Line Extension of a conveyor system to deliver product coal from the stockpile to the new location of the train load out facility and Realignment of sewer connection. The Amendment to the application reduces the area of disturbance of bushland at the Tooheys Road Site by 29%. For the full Amendment Application and to make a submission go to the Major Projects website of the Department of Planning and Environment at majorprojects. planning.nsw.gov.au.

Former Councillors given paid advisory role

Industry urges government to take the lead in achieving nationally consistent public holidays

Eighteen former Gosford City and Wyong Shire Councillors have been appointed to a Local Representation Committee. The State Government strongly recommended the establishment of the Committee to provide former Councillors, committed to the success of the new Council, with an opportunity to continue to serve their communities until the elections in September 2017. The Local Representation Committee will not exercise any decision making function of the Central Coast Council, nor will its recommendations bind council – it will be there to provide important local advice only. The purpose of the Committee is to: Advise on communications and engagement with the community Provide advice on the vision and priorities of the Central Coast Council Provide assistance, as determined by the Administrator, to engage communities and partners in planning for

"In a submission to the NSW Government’s review of public holiday legislation, the Australian Industry Group (Ai Group) has urged the Government to take the lead in achieving more national consistency on public holidays. Surely it is time for the State and Territory Governments to work together to achieve a more rational public holiday system in Australia,” Mr Willox said. Ai Group’s submission to the Review, urges the New South Wales Government to: 1. Substitute Christmas Day, Boxing Day and New Year’s Day public holidays which fall on the weekend with a holiday on the following Monday or Tuesday rather than declaring any additional days. 2. Align Easter public holidays with the majority of other States and Territories. This would result in three declared public holidays over Easter on Good Friday, Easter Saturday and Easter Monday, with Easter Sunday no longer being a public holiday. 3. Urge the Federal Government to introduce amendments to the Fair Work Act to implement the following recommendation

CONTINUED ON PAGE 21

CENTRAL COAST BUSINESS REVIEW AUGUST 2016

(16.2) of the Productivity Commission’s recent inquiry into the Workplace Relations Framework: “The Australian Government should amend the National Employment Standards so that newly designated state and territory public holidays are not subject to public holiday penalty rates or a paid day of leave.” Through the Council of Australian Governments (COAG), develop a nationally consistent approach to public holidays in respect of: the quantum of public holidays; the days on which public holidays which are recognised in each State and Territory are held; and the substitution of certain public holidays which fall on weekends rather than declaring additional days. “Public holidays impose huge costs on businesses and the broader community. It is important for all State and Territory Governments to minimise unnecessary costs for public holidays by declaring public holidays in a more nationally consistent manner, and avoiding declaring unwarranted additional public holidays, Mr Willox said.

PROPERT Y NEWS

Investment syndicate buys Wyong industrial Kincumber commercial - $440,000 + GST A physiotherapist relocating from West Gosford has purchased Suite 9, 22 Willessee Crescent, Kincumber. Price paid for the 97 sqm suite is $440,000 plus GST. L J Hooker Commercial Central Coast negotiated the sale. Tuggerah vacant lot - $82.50 sqm + GST Lot 68 Mooramba Road, Tuggerah, a vacant 4,000 sqm block zoned IN2 has sold for $330,000 plus GST. Ty Blanch from L J Hooker Commercial Central Coast negotiated the sale

An investment syndicate has acquired a 4,270 sqm lot with 2,130 sqm warehouse and office plus extensive hardstand for $2,250,000 plus GST at 20 Amsterdam Circuit, North Wyong. The building of concrete panel and colourbond construction includes 327 sqm of first class office space and two undercover wash bays on a fully fenced secure lot. The free standing property

West Gosford Industrial Unit 4, 13 Enterprise Close, West Gosford has sold to an owner occupier for $445,000 plus GST. The 357 sqm unit with 86 sqm mezzanine is part of a 7 unit complex built about ten years ago. The sale was negotiated by Craig McMullen in conjunction with Central Coast Commercial Real Estate.

was sold with vacant possession with a view to leasing to a future tenant. The property has been vacant for two years after the previous owner Orica, restructured and relocated their Minova Division which had operated on the site for a number of years. The sale was negotiated by Mark Davies from McGrath Estate Agents in conjunction with Four Walls Commercial Newcastle.

Toukley commercial - $145,000 + GST A physiotherapist has purchased Shop 4, 42 Victoria Avenue, Toukley paying $145,000 plus GST. The 62 sqm commercial office space is located in a prominent corner position close to major retailers. David Tawyer from Citicoast Realty negotiated the sale.

Tuggerah Business Park commercial A local investor has purchased Unit 14 at 22 Reliance Drive, Tuggerah Business Park Price paid for the 247 sqm unit was $350,000 plus GST The unit is part of a 16 unit complex built about 10 years ago The sale was negotiated by Ty Blanch and Bernie Nash from L J Hooker Commercial Central Coast Tuggerah Business Park commercial An owner occupier has paid $265,000 plus GST for Unit 9, 3 Fleet Close, Tuggerah Business Park. The 128xqm unit is part of a recently completed 12 unit complex The sale was negotiated by Ty Blanch from LJ Hooker Commercial Central Coast.

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CENTRAL COAST BUSINESS REVIEW AUGUST 2016

PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

LISAROW - FACTORY, WAREHOUSE, YARD

Freestanding industrial building with dual roller door access. Internal height for racking & storage needs approx 6m at eave height & approx 7.5m in the centre of the warehouse. High clearance warehouse 325m2 with amenities downstairs incl. lunchroom & store rooms 100m2 & mezzanine a/c offices. Approx 4,200m2 of additional land. FOR LEASE $1,200G PW + GST

TUGGERAH - BRAND NEW QUALITY BUSINESS UNITS!

Exclusive office & workspace units located in Tuggerah Business Park close to the M1 Motorway, Railway Station and Westfield Tuggerah. Consisting of a range of sizes from approx 139m2 to 172m2. FROM $417,500 + GST/ FOR LEASE FROM $32,900 Gross PA + GST

TUGGERAH - PREMIUM QUALITY FACTORY & WAREHOUSE UNITS

Twelve brand new, premium quality factory/ warehouse with excellent finishes, superior design features and plenty of parking. Sizes (approx.) 128m2, 144m2, 160m2 and 198m2. Style and practicality at one brilliant location! FROM $275,000 + GST

TUGGERAH - ONLY A FEW SUITES LEFT!

The Mariners Centre of Excellence is the perfect place to create a real work life balance! We have quality commercial office space for sale and lease (office spaces) from 15m2 to 8000m2 (approx). Centrally located at Tuggerah, close to Tuggerah railway station & the M1 Sydney/ Newcastle Motorway. CALL FOR A PRICE LIST.

TUGGERAH - PREMIUM FACTORY WITH OFFICE!

WAREHOUSE/

This awesome unit consists of approx. 198m2 of high clearance warehouse plus 162m2 of office. This quality property has 2 partitioned offices, ducted air conditioning, plenty of natural light, plus quality amenities (shower a bonus!) FOR LEASE $45,000 PA Net + GST

CHARMHAVEN

Rare offering in this tightly held industrial estate. 315m2 free standing industrial shed with approx 300m2 concrete hardstand. Includes 45m2 office & mezzanine. Would be great as a fitness centre but would suit a multitude of businesses. FOR LEASE $42,000 pa gross + GST

WYEE POINT - DEVELOPERS NOTE

Prime 8520m2 (approx) development site only metres from deep water boat ramp. DA approved for 40 place Child Care Centre, 4 Residential Town Homes, 18 units & retail component consisting of a supermarket & 8 retail shops or offices. Offered for Sale at only $220psm, this must be the opportunity of a life time.

LONG JETTY

138m2 with allocated parking, small office & high clearance. IN2 zoning suitable for most businesses. The only industrial estate from the coast to Berkeley Vale. FOR LEASE $18,000 pa net + GST

MORISSET

Approx 115m2 high clearance industrial warehouse, 2 minutes to M1 Motorway, Secure gated complex, 3 phase power. Donâ&#x20AC;&#x2122;t hesitate its the only one for sale! FOR SALE $220,000 + GST

SOMERSBY - WAREHOUSE WITH OFFICE SPACE & SHOWROOM

Approx 300m2, High clearance warehouse, approx. 6.9m in 120m2 space & lower clearance warehousing under the mezzanine offices. Large office space upstairs along with 3 separate offices. Showroom/reception area approx. 60m2 along with bathroom & kitchen. 3 designated car spaces. FOR LEASE $30,000 NET PA + GST

12 GIBBENS ROAD, WEST GOSFORD FOR SALE EXPRESSIONS OF INTEREST DA approved Material Recovery Facility, currently leased to Suez Recycling and Recovery Pty Ltd (formerly Sita Australia Pty Ltd). Lessee currently pays $97,000.00 net + GST, total land area 4,189m2, total building and awning area 1,220m2. Expressions of Interest close 16th August 2016.

THE ENTRANCE

SALE

9-11 TATURA AVENUE, NORTH GOSFORD FOR SALE Well designed and constructed freehold heavy duty factory/warehouse, total lettable area 1,421m2 approximately with a total land area of 2,737m2 approximately. Zoned IN1 Industrial. Clearspan with multiple high clearance automatic roller shutters and rear yard. Vacant possession available now $1,550,000 + GST.

110 SHOWGROUND ROAD, NORTH GOSFORD FOR SALE Positioned on Showground Road is the parcel of IN1 zoned Industrial land offering a total area of 424m2 approximately. Current tenant in place until 31st December 2016 paying a monthly rental of $1,180.98 per month + GST. Great opportunity to buy now, develop later and occupy or lease out in the North Gosford Industrial market.

MT PENANG PARKLANDS OFFICE SPACE FOR LEASE Ground floor net lettable area 217m2 approximately including 37m2 of external undercover verandah area, open plan with 12 quality workstations, meeting room and boardroom. Carpeted with ducted air conditioning, great natural light, lots of parking, fantastic outlook, peaceful setting.

SUBSTANTIAL WEST GOSFORD FACTORY FOR LEASE Total lettable area 894m2 approximately including 740m2 approximately of factory, 97m2 approximately of first floor mezzanine office area. Carpeted and air conditioned with a small kitchen with additional mezzanine office at the rear 57m2. Total land area 1565m2 approximately, zoned IN1 Industrial with electric roller shutters and electric security gate.

UNIT 7/16 JUSFRUTE DRIVE, WEST GOSFORD FOR LEASE Quality industrial strata unit, total net lettable area 253m2 offers reception/entry area, with a full glass shopfront, carpeted and air conditioned with additional mezzanine office also carpeted and air conditioned. Regular shaped warehouse with high internal clearance, amenities, 3 phase power and two allocated parking spaces, $23,000.00 net + GST.

Part of 5/SP80854 being Lots 6&7 of the proposed strata plan are available for sale. Situated opposite the prominent Tuggerah Lakes water ways enjoyed by locals & tourists combined. Approx 390sqm net lettable area. Long established popular retail food operation in place. NEW Five (5) year NET lease in place commencing August 2015. Five (5) year x five (5) year lease options in place to 2030. High quality improvements. Water views with indoor/outdoor dining & modern improvements. Basement car park allocated spaces on title. A Grade commercial investment.

WEST GOSFORD

SALE

WEST GOSFORD

SALE

BERKELEY VALE

SALE

Last available site of this size in this area of West Gosford. Surrounded by industrial and commercial areas, backing onto Kariong hill. Extensive site earthworks already completed, LOT 113 is level and LOT 111 is gently undulating, heavy duty concrete bridge in place between lots. Multiple options for construction and ability to separate areas, wide variety of uses available, zoned IN1. Ideally located at the bottom of Kariong Hill 5 minutes from the M1. Investment opportunity: Industrial factory unit; Good road exposure; secure tenant with good lease; 144 sqm with offices & factory; Current rental income of $18,344.16 + GST Outgoings paid by tenant. Phone Tony Myers on 0418 433 377 to arrange an inspection. 315sqm of industrial factory unit. Two (2) medium clearance roller doors at the front of the bay, one (1) automatic. One (1) automatic roller door at the rear allowing access to common property approx 90sqm courtyard. Internal office & lunchroom area. Internal amenities with shower. Surrounded by successful local businesses. Close to public transport & services. Roof clearances: Front: 3.6 metres Rear: 2.98 metres. Roller door clearance: 2.9 metres

Prices shown with * are inclusive of GST.

4365 0645

Suite 5, 206 The Entrance Road, Erina www.rhc.com.au/erina

EFFECTIVE AFFORDABLE ADVERTISING FOR MORE INFORMATION PHONE 4367 0733 EMAIL edgaradams@ccbusinessreview.com.au

CENTRAL COAST BUSINESS REVIEW AUGUST 2016

PROPERT Y

Investor buys Somersby industrial David Tawyer from Citicoast Realty negotiated the lease. Tuggerah Business Park commercial

A Sydney investor has bought an industrial property at 3 Warringah Close, Somersby paying $1,700,000 (GST not applicable) giving them a return of 7.88% net per annum. The property is leased to Hexion Somersby Pty Ltd part of an international

SALES Erina commercial

manufacturer of speciality chemicals, with a 5 x 5 year lease in place. The property comprises a 1,637 sqm factory building on a 4,106 sqm lot. Ben Purdue from Raine & Horne Commercial negotiated the sale.

Gosford CBD retail A local investor has purchased Shop 1, 72/82 Mann Street, Gosford. Price paid for the vacant 138 sqm premises was $377,500 (GST not applicable). The property was sold through L J Hooker Commercial Central Coast.

An accountant has purchased Suite 7, a 104 sqm ground floor suite at 40 Karalta Road, Erina. Price paid was $360,000 plus GST. The unit last traded in 2009 for $379,500 (source: RP Data). Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale.

LEASINGS Tuggerah Business Park commercial Window and door manufacturer, Wideline Pty Limited has leased a 305 sqm fully fitted out ground floor office space in Block “F”, 2 Reliance Drive, Tuggerah Business Park. Terms of lease are 2 years with 1 year option at a rental of $75,000 per annum plus Outgoings and GST.

Suites 19 and 20 at 1 Reliance Drive, Tuggerah Business Park have leased to a local business. Suites 19 and 20 total 574 sqm and include office fitout and phone and data cabling. Terms of lease are 5 years with 5 year option at a rental of $124,750.08 per annum plus Outgoings and GST. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the lease. Tuggerah Business Park commercial Catholic Care has leased Suite 10 a 564 sqm office suite at 10 Pioneer Avenue, Tuggerah Business Park. The property comprises a full fit-out office with training rooms, boardroom and internal garage. Lease terms are 5 years with 3 year option at a rental of $70,000 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial Erina negotiated the lease.

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SPECIALIST MEDICAL & PROFESSIONAL SUITES

TUGGERAH 154 Pacific Highway

Ideally located on the Pacific Highway within the established Tuggerah Straight Commercial Centre, these Specialist Medical & Professional Suites are perfectly situated. Neighbours include Healthscope Medical Centre, PRP Radiology, Pathology, Sports & Spinal Physiotherapy, Chiropractor, Dentist, Psycologists & more. With a variety of suites available and plenty of parking, opportunities include both ground floor and level 1 suites. Tuggerah Medical & Professional Rooms range from 13m2 to 24m2 and start from as little as $1,250 per month +GST. Level 1 accessed via lift or stairs hosts suites from 59m2 with the East Wing Professional Suites ranging from 73m2 to 103m2 there is a size to suit a variety of Professionals including Medical, Financial, Legal etc... Other tenants include BCF, Super Cheap Auto and Romi’s Café and make this an ideal location with plenty of parking. Features include • Flexible lease terms • Very Competitive rentals • Excellent parking • Air-conditioning • Carpets, kitchenette • Balcony access for most suites

For further details please contact Julie Davies on 4355 5111 CENTRAL COAST BUSINESS REVIEW AUGUST 2016

PROPERT Y

Wyoming commercial CCTS Technology Solutions have leased Shop 4, an 81 sqm first floor office space at 475 Pacific Highway, Wyoming. Terms of lease are 5 years with 5 year option at a rental of $20,000 per annum plus Outgoings and GST. David Tawyer from Citicoast Realty Gosford negotiated the lease. West Gosford industrial A dance academy has leased adjoining units 1 and 2 at 3 Comserve Close, West Gosford. Lease terms for the 265 sqm space is 2 years and 1 one option at $32,000 per annum. Craig McMullen from Citicoast Realty negotiated the lease. West Gosford industrial OHP Fire Services have lease Unit 4 of $600 sqm at 28 Dell Road, West Gosford. Terms of lease are 3 years with no options at a rental of $60,000 per annum including Outgoings plus GST.

Chris Watson from Chapman & Frazer Real Estate negotiated the lease. West Gosford industrial Stainless steel fabricator Stainless FX Pty Ltd has leased Unit 2 at 278 Manns Road, West Gosford. Lease terms for the 415 sqm unit with 63 sqm mezzanine is 2 years with 1 year option at a rental of $40,000 per annum plus Outgoings and GST. The lease was negotiated by David Tawyer from Citicoast Realty in conjunction with Chris Watson from Chapman & Frazer.

at 30 Karalta Road, Erina. Terms of lease are 3 years with 3 year option at a rental of $60,000 per annum plus Outgoings and GST. The lease was negotiated by L J Hooker Commercial Central Coast.

Erina retail

Long Jetty retail A furniture retailer has leased a retail shop at 13A Stella Street, Long Jetty. Terms of lease for the 80sqm premises plus yard are 2 years with no option at a rental of $25,740 per annum including Outgoings pluis GST. Ben Purdue from Raine & Horne Commercial negotiated the lease.

An interior design business has leased Shops 9 and 10 with a total of 158 sqm

Erina commercial Luxaflex blinds and awnings have leased Suite 2 at 202 The Entrance Road, Erina Terms of lease for the 117 sqm premises are 14 months plus two 1 year options at a rental of $44,000 per annum including Outgoings plus GST Ben Purdue from Raine & Horne Commercial negotiated the lease.

TUGGERAH NSW

WOONGARRAH NSW AVAILABLE SEPT 2016

AVAILABLE NOW

LEASE OR BUY

BRAND NEW PROFESSIONAL SUITES

FOR LEASE

PROFESSIONAL SUITES

Located in the “Mariners Centre of Excellence” building on the Central Coast of NSW, our new state of the art Medical Complex provides an excellent opportunity to relocate or start your practice.

“Warnervale Medical Complex” is located on the Central Coast of NSW and is ideally located 5 minutes off the M1 Motorway – 1hr north of Sydney & 40 minutes south of Newcastle.

With over 50000 cars passing daily, this is an ideal opportunity for any health related service such as Dental, Orthodontic or Ophthalmology.

Our well-presented 1st floor professional floor space (with lift access) provides an area of approximately 200m2 ready for you to fit out & move in. You will be surrounded by other health services on the ground and 1st floor including a large private General Practice, Pathology, Physiotherapy, Pharmacy, Specialists and Allied Health services.

Only 5 minutes off the M1 Motorway and close to Westfield, Tuggerah railway station & a large business/ industrial park, our well-presented 1st floor professional suites (with lift access) provide medium to large office space ready for you to fit out & move in. Other health services on the ground and 1st floor include a large private General Practice, Pathology, X-ray, Physiotherapy, Pharmacy, Specialists and Allied Health. Future planning includes gymnasium, child care centre and hotel/conference centre.

Located on the main corridor link from the northern end of the Central Coast to the M1 motorway & with further major residential housing & commercial developments underway this space is in the ideal location to relocate or commence your business.

Floor space area of up to 390m2, 400 car spaces and café onsite make this an opportunity not to be missed.

Vacant possession available September 2016 & 100+ car spaces onsite make this an opportunity not to be missed.

For further information contact Debra Smith on 02 4356 2514 or email debbie.smith@warnervaledoctors.com.au

For further information contact Beatrice Gill on 02 4356 2517 or email Beatrice.gill@warnervaledoctors.com.au

CENTRAL COAST BUSINESS REVIEW AUGUST 2016

RESIDENTIAL PRESTIGE PROPERT Y REPORT

Expat eyes life on the waterfront in Gosford

The property: 23 Albany Street, Point Frederick. This 4 bedroom east facing waterfront home with 4 bathrooms, 3 garage spaces, pool, ducted air conditioning and new private jetty. Built in 1970 it is on a 1,530 sqm block with expansive water views of Brisbane Water. The price: $2,030,000 (It last traded in 2011

for $1,6750,000 – source: RPData) The buyer: An expat living in Hong Kong. The sale: The property was listed for auction but exchanged unconditionally less than 24 hours prior. Throughout the campaign the agents had 70 email enquiries and 50+ inspections on the property. The agent: Sean Roach from Raine & Horne

Gosford who said that due to the shortage of quality waterfront properties on the market this property received very strong interest from local, Sydney and international buyers.

Step onto Wamberal beach

Sydney family buys Matcham acres

The property: 3/240 Matcham Road, Matcham. This north facing 5-bedroom pavilion style retreat in the heart of Matcham Valley is situated on 3.5 acres with pool, tennis court, gym, machinery shed along with horse paddock and double stable. The price: $2.4 million The buyer: A Sydney family

The sale: The property was on the market for 7 days and sold to a buyer on the agent’s data base. It was not actively marketed at the point of sale. The agent: Mat Steinwede and Trevor Hamilton from McGrath Estate Agents who said that due to the lack of available acreages currently available there is a higher demand.

From Forresters Beach in the north to Patonga in the south we have been writing and rewriting the record books since 1998! • Over 20 years personal experience in prestige property sales! • Waterfront and beachfront properties • Development sites

The property: 3 Pacific Street, Wamberal. This 3 bedroom holiday house on an 860 sqm block is right on the beach at Wamberal with 180 degree beach and ocean views. It is the first time it has been on the market since being built in 1917. The price: $3.3 million. The buyer: A Central Coast family The sale: It has been on the market since May 2015 with Raine & Horner Avoca Terrigal. The agent Garth Hunter from Raine & Horne Avoca Terrigal.

Contact: Stuart Gan PRDnationwide Ettalong Beach www.prdettalong.com Office: 02 4344 5580 Mobile: 0407 454 974

CENTRAL COAST BUSINESS REVIEW AUGUST 2016

BUSINESS TIPS

5 signs you need to have to make a start up business work

By Troy Marchant, Director, Robson Partners Chartered Accountants A LARGE PORTION of my time is spent talking to start-up businesses where the partners (or business starters) are considering resigning their current full time jobs, and “going it alone”. If you’re starting a business, the odds are stacked against you. As it stands, 60% of small businesses will close within three years of starting. The reality for many business owners is if they calculated the profit they obtain from their business and divide it by the hours they put into their business, it would be more economically viable for them to keep their jobs and ask for a pay rise instead. Here are five concepts against which you might find it useful to measure yourself. 1. Adequate funding and access to finance One of the biggest reasons businesses fail is they simply run out of cash. In the early days of a business, there is likely to be significant spend on setting things up. This usually occurs before any revenue has been earned. Similarly, once you register for GST, it’s important to have a cash buffer so

that you can meet your quarterly obligations. Make sure you have determined how you will finance the business, and don’t be surprised when the bank wants bricks and mortar security. Additionally, don’t underestimate how hard it can be to get finance. You will need to be able to produce accurate financial information quickly. Products like XERO accounting are really helping business owners take charge of their finances, by linking up with the banks so that they have better visibility which can improve finance applications. 2. Diversify your suppliers and customers Is your business restricted by a small number of suppliers or customers? This is a strategic issue. If your business or business idea is subject to severe buyer or supplier dominance and it does not otherwise have any significant competitive strength, you might be facing an uphill battle. Look for ways to expand your products or services so that you can reach a broader customer base. And avoid the temptation to get too locked in to one or two key suppliers.

above, new product or service ventures have a high failure rate. 4. D oes your product have scope for innovation? Many products and services are becoming commoditised by technology or other changes. Commoditisation creates price pressure, which ultimately erodes profitability and potentially business viability A major key to being able to maintain prices or charge premium prices is the ability to differentiate your product or service. If you are the same as everyone else, expect a hard time on price. But if you can prove you are different, you have a fighting chance.

3. Clearly established demand Is there a clearly established demand for your product or service? There’s no question that new products or services have the potential for very substantial rewards. The first successful entrant into the industry usually has a big payoff. But statistics speak for themselves. As noted

5. D oes your business (or idea) have the potential to make a profit? If a customer is prepared to pay you more for your product or service than it costs you to make or deliver it (including your general business overhead, not just your cost of sales) then you are in business. Additionally, don’t get confused that just because the business can pay you a market salary, and just break even, that it is profitable. Profit is what is left after all market salaries (including yours) are paid. This comes down to getting the right balance of pricing, production or delivery cost, efficiency and cost structure. How did you do on the above? Don’t worry if you didn’t get 5/5. The main thing is having a plan for what to do next, make a decision and take action.

Compensation and Payroll Tax Legislation, directors can be held liable for the payment of unpaid payroll tax and even workers compensation premiums. Fortunately, WorkCover has been relatively slow to pursue directors where companies have (often through no fault of their own) got into difficulty and been unable to pay their premiums. Although there are already mechanisms in place to deter directors from being reckless in non-compliance (awards and National Employment Standards), the Fair Work Commission has decided that it can bypass the company and seek the payment of wages from a director - personally. This undermines 200 years of company law. Currently, employees, the inspector or unions can pursue directors for fines under the Civil Remedy Provisions of the Fair Work Act. These fines can be as much as $10,800 (for an individual) and $54,000 (for a corporation) and these penalties can be ordered to the employees themselves. It is now common place for directors and even senior employees within businesses

to be named as defendants in prosecutions by the Fair Work Ombudsman or in claims by employees for alleged breaches of the award. This is starting to result in direct penalties against them as individuals (not to mention the legal fees they have incurred). Unfortunately all of this highlights the importance of thoroughly understanding the implications of the award on your business - even when you are paying well above award wages, and because of the compliance questions around payroll tax and workers compensation it is even more important to understand when workers compensation premiums and payroll tax are payable - especially in relation to the engagement of "improperly classified contractors". The company structure was designed to encourage entrepreneurship and economic growth, but unfortunately it is being attacked systematically by incredibly complex legislation which discourages people from "having a go" and starting a business for fear they may be held personally liable.

ADVICE MPLOYERS Can directors of a company be directly liable for the underpayment of wages?

ur arge can anage rce, r trade reduce s comp

By Warwick Ryan, Partner, SWAAB Attorneys

ck Ryan One of the purposes of someone forming a com.au company is to enable them to trade to the extent of the resources of that company,

s with the intention being to allow people to um Building, start an enterprise - be innovative - and if it RINA NSW 2250

doesn't work to be able to move onto their next venture. It has been proven time and time, world-over that this encourages innovation, the commencement of businesses and entrepreneurs. Increasingly, the courts are looking to directors of companies personally for the costs associated with employing business. For example, under the Workers CENTRAL COAST BUSINESS REVIEW AUGUST 2016

CON T INUED AR T ICLES

Kerry White – from an idea to a billion-dollar vision

Coast returns to its political roots

CONTINUED FROM PAGE 5

CONTINUED FROM PAGE 6

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Since 2013, MTA (formerly CCTS Construction) has been at the forefront of NBN technology in Australia, connecting a total of 13,500 homes on the Central Coast and more than 70,000 homes across Sydney and South-east Queensland during NBNCo’s fibre to the premises rollout. They were also contracted to connect an area extending from Woy Woy, Patonga and Kilcare to Saratoga and Davistown during NBN’s fibre to the node trial program. MTA’s work with NBN continues on the Central Coast and in other parts of Eastern Australia. Today MTA has four offices in Australia, a national staff of 140 and they work with around 400 sub-contractor companies nationally, including a number of local sub-contractors. When asked what the future holds for MTA, White said it’s all about growth and diversification. In terms of diversification, he said there are plans to establish an ICT and an Operational and Maintenance division. In terms of financial growth, the company has experienced exponential growth in a short timeframe and goals for the future are even more ambitious, but realistic. The goal is for the company to deliver a total revenue of $200 million within the next three years and a half a billion dollars by 2026. Despite the grand plans, White is adamant they will stay based in the region he has called home for almost all of his life.

Perhaps they are related to the Avoca crowd who opposed the sinking of the HMAS Adelaide! I notice it hasn’t been washed up on Avoca Beach as predicted by the activists! Edgar Adams Editor

the new Central Coast Council. Due to the strong interest from former Councillors, the Administrator has resolved to break the Committee up into three Working Groups. A chair and five members will be appointed to each Working Group, which have been divided up into three key areas for optimal benefit to Council – Environment Working Group; Economic Working Group and Community Working Group. The Local Representative Committee will meet for the first time in July and Working Groups will meet once each calendar month. Administrator Reynolds said: “I thank the former Councillors for their willingness to share their knowledge and experience to ensure the Central Coast Council is the very best it can be. “Let me be clear. This Committee is not a de facto council. It’s a committee to advise me on local matters. “The idea is to provide support for the Administrator in terms of advice but also just what they’re hearing out there about the new Council. “This is not the only forum where I will be seeking advice – I have already called for a report to establish the best community engagement model as I want to ensure that anyone who wants to contribute positively to the new Council can do so.”

Former Councillors given paid advisory role

Sydney – Newcastle High Speed Rail service an investment in the future CONTINUED FROM PAGE 10

Malcolm Turnbull was quoted as saying: “That’s how railways were financed in the 19th century actually. It is not actually a radical new plan at all, it is actually a sensible old plan that’s been forgotten”. Indeed this is one reason for the success of JRC and other private rail companies in Japan. HSR has made a substantial difference to regional cities that were given the benefit of a nearby HSR station, and some Japanese rail companies make substantial profits out of real estate connected to the or railway, as does the MTR in Hong Kong, for another instance.

THE WARWICK RYAN EMPLOYMENT LAW SEMINAR SERIES He’s back! Well known Industrial Relations lawyer Warwick Ryan will conduct a series of Seminars in the coming months and into 2017 for subscribers and friends of CCBR. Warwick Ryan is the lead Employment Partner at Swaab Attorneys. Locally based on the Central Coast, he is a recognised specialist in employment law and workplace relations He has been advising businesses on the Central Coast for the last 20 years. 2016 Series Programme

'Managing ill and injured workers'

'Strategies for terminating underperforming employees' Anyone in business knows the challenges of managing staff who are underperforming. Warwick will provide practical guidance so you can avoid the worst mistakes, move forward and build a better team.

With workers compensation, work health and safety and discrimination laws, what hope does a business have when dealing with an ill or injured worker in the workplace? All is not lost, there are very effective strategies for managing such workers. Warwick can step you through the process to build a fit, healthy and productive workforce.

Date: 17 August, 2016 – Time: 7.30am – 9.30am Place: Gosford Golf Club Cost: $55.00 including GST per person

Date: Time: Cost:

19 October 2016 7.30am – 9.30 am Place: Gosford Golf Club $55.00 including GST per person

To book email edgaradams@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW AUGUST 2016

FUNNY BUSINESS

US AIR RECENTLY introduced a special half fare for wives who accompanied their husbands on business trips. Expecting to receive a few valuable testimonials, the PR Department sent out letters to all the wives of the businessmen who had used the special rates, asking how they had enjoyed the trip. Letters are still pouring in asking, “what trip?” A man who had been caught embezzling millions from his employer went to a lawyer seeking a defence. He didn’t want to go to jail. But his lawyer told him, “Don’t worry. You’ll never have to go to jail with all that money? And the lawyer was right. When the man was sent to prison, he didn’t have a dollar. This is the story of four people named Everybody, Somebody, Anybody, and Nobody. There was an important job to be done and everybody was asked to do it. Anybody could have done it, but Nobody did it. Somebody got angry about that, because it was Everybody’s job. Everybody thought Anybody could do it, but Nobody realized that Everybody wouldn’t do it. Consequently, it wound up that Nobody told Anybody, so Everybody blamed Somebody. A Policeman stops a speeding car and tells the woman driver; When I saw you driving down the road, I thought to myself, “sixty-five at least.” The woman replied: I don’t think that is quite fair. I think this hat makes me look older.

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CENTRAL COAST BUSINESS REVIEW AUGUST 2016

Two old friends met by chance on the street. After chatting for some time one said to the other, “I’m terribly sorry, but I’ve forgotten your name. You’ll need to tell me”. The other stared at him thoughtfully for a long time, then replied, “How soon do you need to know?” A woman sadly tells her husband: We will not be together in heaven as we may die at different times my dear. After a pause her husband replied; my dear that is why the place is known as ‘Heaven’. Kowalski, fresh out of accounting school, went to an interview for a good paying job. The company boss asked various questions about him and his education, but then asked him, “What is three times seven?”

“Twenty-two,” Kowalski replied. After he left, he double-checked it on his calculator (he knew he should have taken it to the interview!) and realised he wouldn’t get the job. About two weeks later, he got a letter that said he was hired for the job! He was not one to look a gift horse in the mouth, but was still very curious. The next day, Kowalski went in and asked why he got the job, even though he got such a simple question wrong. The boss shrugged and said, “Well, you were the closest.”

Quote of the month A business that makes nothing but money is a poor business

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