Central Coast Business Review

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Print Post Approved – PP100001854

Vol 28 June 2019

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30 E A RS

Published monthly (except January)

Paul Tonkin

Lawyer and health advocate Atlantis developer to build hotel at Ettalong Beach Ecotourism business bounces to new heights Bioaction releases Odour App for waste water industry

Page 8 Edgar Adams’ Editorial It was about jobs and tax

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Cover story 4

Paul Tonkin – Lawyer

Business news 5 Atlantis developer to build hotel at Ettalong Beach 9 Ecotourism business bounces to new heights 9 Frogy’s gone!

10 Day trippers up – overnighters down 10 Pluim completes 7th store for Bunnings 11 Bioaction releases Odour App for waste water industry 12 Central Coast Council senior appointments 12 Pacific Link Housing sets up property management company 12 New owners for Citicoast Showerscreens & Glass after 34 years.

13 Robson Partners in the community 14 Strong interest in Premier’s Export Awards 14 Single Touch Payroll legislation coming in July 15 Council to acquire properties for Gosford Cultural Precinct 15 Council moves to take over Town Centre Management programmes

Contact

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15 Council approves multi-dwelling Woy Woy housing development 15 Central Coast dam levels low 16 Commercial and industrial properties for sale / lease 17 Koolewong Marina 19 Prestige property reports 20 Tips to avoid underinsurance 20 Mind your Business – What a Coalition Government means Small Business 21 When it comes to termination a staff member shooting first and asking questions later is rarely the best approach.

Regular features 8

Edgar Adams’ Editorial

It was about jobs and tax

10 Tourism news 11 Manufacturing news 12 Business briefs 15 Central Coast Council news 17 Property news 19 Residential prestige property report 20 Business tips 22 Funny business

Front cover: Paul Tonkin – Photo: Jeff McGarn

Hear Edgar Adams’ business comment 8.10am each Monday.

Also follow us on Facebook and Twitter

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.

Phone 02 4367 0733 Fax 02 4367 0744 Email info@ccbusinessreview.com.au Web www.ccbusinessreview.com.au

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www.robson.com.au CENTRAL COAST BUSINESS REVIEW JUNE 2019

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4

COV ER S TORY

Paul Tonkin, lawyer and health advocate By Phaedra Pym TONKIN DRYSDALE PARTNERS (TDP) has been helping Central Coast residents and businesses with legal matters since Phil Tonkin opened the doors to TD Tonkin & Co. on July 13 1958. Back then Woy Woy was a sleepy little seaside town that felt a long way from Sydney, life was much simpler and the world was very different to the world we know today. Celebrating sixty years in business last year, TDP is now proudly helping a fourth generation of clientele, a testament to the fact that, while much has changed, the directors and staff have steadfastly upheld the core values of honesty, service, care and understanding upon which the firm was founded all those years ago. One of four directors today, Phil’s son, Paul Tonkin is not only highly regarded for his excellence in legal counsel, but also for his passionate advocacy for better public health services on the Central Coast and his unwavering commitment to serve his local community.

This strong sense of community spirit has been at the core of TDP since the outset and continues to live on through all directors and the entire team. This is Paul’s story.

Growing up on the Peninsula, Paul, the youngest of five, said he never felt pressured to follow in his father’s footsteps and practise law. Initially enrolling in a Commerce degree at university, he transferred to Law and accepted a full time position with Herbert Smith & W.B Phillips law firm in Sydney, while continuing his studies part time. When he was offered a partnership,

Paul had a big decision to make – accept it and stay in Sydney or return to the Central Coast. He chose the latter and applied for a job at Tonkin Drysdale in early 1991, much to his father’s surprise. On the same day that Phil Tonkin announced his retirement in 1992, Paul was admitted as Partner. He joined Darrell Pannowitz OAM, who is now Managing Partner, Jim Drysdale, who retired in 2002 and John Fitzpatrick, who retired in 2004. Paul Quinn was subsequently admitted as Partner in 2004 followed by Lee Pawlak, an Accredited Specialist in Family Law, in 2014. In 2016, Paul’s son, Dominic came on board as Associate Solicitor, continuing the Tonkin family legacy, and Solicitor, Nick Fagan joined the firm in 2018. This month, Sophie Newham joins the firm as a Senior Associate, expanding the legal team to seven. The daughter of longstanding Peninsula business couple, Charlie and Gail Newham, Sophie is returning to the Central Coast after seven years in Tamworth. Each solicitor specialises in different areas of legal practice, while working collaboratively for the benefit of the clients they serve. They are capably supported by General Manager, Julie Downey and a team of seventeen, many of whom have been with the firm for more than ten years (some have accrued more than twenty-five years).

Many solicitors on the Central Coast achieved their start in the profession with TDP. Some have since retired, while others have moved on to successful careers with

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other law firms or have started their own practices. Experiencing year-on-year growth since Paul came on board in the early 1990s, the partners eventually opened four branch offices, including one at Wyong. However, while their presence in other areas attracted new clients, it wasn’t all smooth sailing.

“Having staff in so many locations was a challenge and we found we were trying to spread ourselves too thin,” said Paul. With technology changing the way solicitors communicate with clients, the idea that you had to have a physical presence in many places became less of an issue. As a result, the partners sold the Wyong practice and consolidated the others back to the one office at Woy Woy in 2012.

Today TDP has loyal clients all over NSW and some interstate, mostly repeat and referred business, and they have facilitated tens of millions of dollars of transactions on behalf of residential and commercial developers on the Central Coast. Currently in growth phase, the partners took over level one of the building they occupy last year to accommodate future expansion.

“We’ve always tried to have a high ratio of experienced staff on board but we also like to bring new people through and train them, adding to their skills. It’s part of what a business of this size should be doing,” said Paul who, together with the other partners, believes in supporting team members who have the desire to further their careers and study Law. TDP was also an early adopter of

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COV ER S TORY

flexible working arrangements, which has helped with their staff retention and fostered a positive workplace culture.

One of Phil Tonkin’s greatest legacies is the philanthropic culture that has been synonymous with the Tonkin Drysdale name throughout the decades. For instance, many would be unaware that Phil Tonkin was instrumental in the establishment of the Central Coast’s first radio station, 2GO, which gave the community a voice for the first time. In the past twelve months alone, the firm has supported more than thirty organisations and initiatives, including a number of sporting clubs, aged care facilities, educational scholarships and surf lifesaving clubs. “We take great pride in giving back to our community and always emphasise that our support is never a oneoff. It’s about taking a brave and conservative approach to ensure that what we do is sustainable and that we are creating good value for the community,” said Paul.

As a personal advocate for the Central Coast community, Paul’s contribution has been enormous. He was named Gosford Council’s Citizen of the Year on Australia Day in 2015 for his dedicated and passionate advocacy to ensure the Central Coast community has the best possible public health services and for his personal time and support given to numerous other local initiatives and organisations. But it is arguably Paul’s service to local health for which he is best known. As Chairman of the Board of Central Coast Local Health District since 2011 and a member of the Board since 1994, Paul has been instrumental in the achievement of many major milestones,

Left to right; Nick Fagan (solicitor), Paul Quinn (partner), Paul Tonkin (partner), Julie Downie ( General Manger), Darrell Pannowitz OAM ( Managing Partner), Lee Pawlak (partner), Dominic Tonkin (associate solicitor) most notably the $348 million redevelopment of Gosford Hospital and a $200 million commitment for the expansion of Wyong Hospital. He has also been there for the entire journey towards our current status as a health district in our own right, divorced from northern Sydney.

The Tonkin family’s connection to the health sector is strong. “My grandfather was a doctor, my mother was matron of a Sydney hospital and many of my relatives today are doctors,” said Paul. He credits Jillian Skinner, the NSW Minister for Health during the Baird Government, for her hard work in advocating for the Central Coast.

“I’ll never forget Jillian coming up to me at a function a few months out from the 2015 election and saying, ‘Paul, we did it!’ It’s been a great journey. Central Coast Health, percentage wise, has had more increased funding than any other district in the state since that time. We achieved almost $550

million between Gosford and Wyong, including funds for the medical school, car park and research institute. Our staffing has grown from 5,500 to 7,500 and, in the last eight years, our budget has grown from about $500 million to $900 million.”

The Gosford Hospital redevelopment is on track for completion late this year.

Paul also credits Emeritus Professor Maree Gleeson and Lucy Wicks for their advocacy work that led to funding from the Federal and State Governments as well as Newcastle University for the establishment of a medical school at Gosford. “The class of 2020 will be the first cohort to have an opportunity to study medicine on the Central Coast,” said Paul. “At one point we wondered if Gosford would ever return to the heady days of the 70s and 80s when it was the hub of the Central Coast. This will all help to make it so again. Health is very big business for the Central Coast.”

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CENTRAL COAST BUSINESS REVIEW JUNE 2019

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BUSINESS NEWS

Atlantis developer to build hotel at Ettalong Beach MARS PROPERTY GROUP, developers of the Atlantis residential apartments at Ettalong Beach have lodged a Development Application with Central Coast Council for a five-storey hotel at 216-220 Memorial Avenue, Ettalong Beach, behind the Atlantis.

The DA includes the demolition of all existing structures on the site and the construction of a new five-storey hotel with 83 rooms over four levels and two levels of basement parking for 77 vehicles and a roof terrace with bar, pool and lounge. The plan includes a ground floor restaurant, conference facilities and reception area.

The site, opposite the Ettalong Beach Club and Mantra Resort comprises a total of 1,467 sqm.

Commenting on the design, Scott Choi, Associate Director of Squillace Architects said, “We believe that good architecture inspires people and places. It is with this in mind that we have designed a building that not only caters for the growing tourism market in Ettalong but creates a relaxed boutique hotel that responds to Ettalong’s dynamic coastal setting.”

“The site is in a unique position, as it is situated between Atlantis, a large 7-storey modern building to the south in 47-50 The Esplanade, an even larger 9-storey modern building to the west (Mantra Hotel) and low rise fine grain shopping strip to the north.

As such the hotel has been designed as a transitional building in the landscape softening the urban fabric in this area,” he said.

The exterior of the building features a uniquely articulated facade inspired by its beachside setting. This undulating facade provides amenity and views to its occupants as well as presenting a streetscape that exhibits design excellence. These themes flow into the interiors, central garden and rooftop pool area creating a relaxed and holistic architecture perfectly suited to its location and use as a boutique hotel.

“Featuring a relaxed bistro style restaurant at ground level, the development will be a welcome addition to the local retail/ commercial and tourism orientated Ettalong Village Centre that is open and inviting not only to hotel guests but to the general public” “The proposal seeks to maintain the existing arcade to the northern boundary and

improve its amenity with landscaped areas and an open courtyard above, to provide natural light and ventilation to a currently dark and unattractive arcade,” said Mr Choi.

The Peninsula Chamber of Commerce has backed the development with President Matthew Wales saying, “This is great news and a wonderful high quality development that compliments the adjoining Atlantis residential complex on The Esplanade”.

“This development embraces the valuable tourism brand for Ettalong Beach and provides for much needed alternative visitor accommodation that will complement the Mantra Resort to the west of the site”, he said “The hotel development will create hundreds of short term construction jobs but more importantly, will create dozens of full time, casual and part time jobs especially for younger people in the hospitality sector.

This is particularly important when we are experiencing such a high youth unemployment rate on the Peninsula”.

“It is good news for Ettalong Beach and will help re-activate the town centre and hopefully encourage further redevelopment

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BUSINESS NEWS

7

Artist’s image of proposed new hotel at Ettalong Beach. Completed Atlantis development in background in an area that has huge potential for further resident and tourism accommodation”.

“This development clearly shows a renewed sense of optimism by investors in our area and we encourage Council to quickly assess and approve the hotel proposal”, said Mr Wales.

The Mars Property Group are showing considerable confidence in the future of Ettalong Beach as a tourist destination.

Mars acquired the site from property developer Tesrol Pty Ltd in September 2015

with development approval for the project.

Tesrol had acquired the site following completion of their Star of the Sea Resort development at Terrigal in 2005.

Tesrol hit road block after road block with Gosford Council over the next five years until the Minister for Planning intervened in 2010 and approved the proposed development.

Mars acquired the site for $7 million.

Their Atlantis residential development that was completed earlier this year with 59 luxury apartments is the best indication of

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Selling Agent Helen Hughes said that off the plan sales for Atlantis had been very positive.

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CENTRAL COAST BUSINESS REVIEW JUNE 2019

8

EDITORIAL

Edgar Adams discusses local issues

It was about jobs and tax ITS BEEN A nail biting five months for businesses on the Central Coast and everywhere else too for that matter.

First came the State Elections which returned the Berejiklian Liberal Government although the results for the Central Coast were less encouraging than elsewhere in the state where Labor retained the Seats of Gosford, The Entrance and Wyong.

But the Big Win was the Federal Election where the Shorten Socialist Opposition lost out to the voters who had their measure.

It was all about jobs and tax and while everyone would like a pay rise what we people are getting now is better than the alternative – no job. Shorten and his mates in the unions have some warped idea that every business owner in Australia is ripping off their employees by not paying them more wages. What they don’t get is that most businesses are struggling to stay afloat. There is no fat.

Of course that doesn’t excuse those who are underpaying their staff. Everyone is entitled to be properly paid for the work they do.

While the elections are out of our hair the promises that were made by the State Liberals and the Federal Liberals cannot be allowed to slide under the carpet.

The revitalisation of Gosford City Centre has to be top of the list and the momentum created by the Coordinator General for the Central Coast, Lee Shearer, has to be continued.

The NSW State Budget for 2019-20 will be handed down on Tuesday 18th June.

That will be the indicator as to the Premier’s intentions to honour the commitments made over the past year. We all need to be vigilant!

Still on state politics it is worthy of mention that the state seat of The Entrance and the federal seat of Dobell are no longer Labor strongholds.

This is a point that needs to be driven home to the Member for Wyong who opposes the airport at Warnervale and the Wyong coal mine. Both generators of well paid jobs desperately needed in this region.

The Federal election showed beyond doubt that jobs trump finches and frogs any day.

Closer to home and while the Central Coast Council elections are not until September next year – yes another fifteen months of purgatory! – the Mayoral election is coming up in three months.

Never in this region’s history have ratepayers had to put up with a council like this one, headed up by a fanatical greenie whose sole interest appears to be to hold the region’s economy to ransom with her green ideologies.

The only leadership she has shown is to highlight the Central Coast region as a no-go area for investors – those people who create jobs, real jobs. She has no interest whatsoever in advancing our economy.

Those councillors who elected her for two whole years, and that includes Liberal and

Labor councillors, share the responsibility.

Meanwhile, these councillors need to stop their childish political games that are holding our region back. They are equally culpable.

These two-bob councillors (most of them) are playing with people’s lives.

And one more thing!

We have 15 months to find enough candidates to stand for Council and turn it around.

At CCBR we have plenty of friends who would support a group of independents who could really make a difference.

Let’s get a movement going now.

Our congratulations to Lucy Wicks for her resounding win in Robertson. Robertson once was Labor territory. Not anymore.

Also our congratulations to Ben Morton, the Member for Tangney in Western Australia but who grew up in Wyong and has been appointed Assistant Minister to the Prime Minister and Cabinet.

The Morton Family is one of the most respected families on the Coast. He is young, intelligent, hardworking and humble and Australia’s future.

Edgar Adams Editor

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BUSINESS NEWS

Ecotourism business bounces to new heights TREE TOPS ADVENTURE Park in the Ourimbah State Forest at Wyong has introduced a ‘suspended net park’ to the Australian market.

Having successfully launched its first TreeTop Net World last month, TreeTops and its parent company Ecoline are now working on plans to introduce the innovative attraction across its five other existing locations across NSW in addition to scouting for other suitable locations across the country.

The business, which began in 2008, has seen a 52% increase per annum in revenue over the last 11 years through its commitment to regularly adding new products and locations.

“The response from locals and tourists alike has been phenomenal,” TreeTops General Manager Sandrine Gaymard said.

“Everyone from young children through to the young at heart just love getting up among the trees, bouncing, playing and discovering different rooms, each with their own unique theme including the suspended ball pit right through to the room with swinging chairs and hammocks.

“It is an attraction that is for everyone – not just those looking for extreme adventure challenges or adrenalin inducing activities.

“NetWorld really takes the concept of sustainable tree-based adventure to the next level. Not only does it have that wow factor that the thrill seekers expect, but it also focuses on shaping a new and individual experience for each visitor.

“A strong understanding of the market has enabled us to consistently involve and motivate visitors and really encourage them to embrace nature in an educational and engaging way.”

TreeTop NetWorld, at Wyong Creek includes seven themed rooms suspended more than five metres high up in the canopies and strung together by more than 19 kilometres of rope and cable attached to the forest trees.

NetWorld is the latest impressive milestone for TreeTops, which has won multiple awards across tourism and business sectors for their innovation over the last decade.

It continues the company’s investment in introducing new innovations, which started just over 10 years ago when Sandrine and her husband Fred decided to bring TreeTop Adventure Park to Australia after discovering similar adventures in their homeland France they’d left in 1998.

Drawing on Fred’s skills in creating new tree-based challenges and building them in an eco-friendly way, they established their first Ropes Course on the Central Coast before adding a further five locations across the state and creating Wild Ropes at Taronga Zoo.

One of seven suspended themed rooms at Tree Tops’ new Net World Net Park It has also introduced new attractions, including the world’s first rollercoaster zip line where visitors zip through the trees at speeds of up to 50 kilometres per hour - and experiencing G-force of 2.3 - attached by only a specially developed harness to a track attached to trees. This was developed by Ecoline after feedbacks and patented internationally. The company is now exporting this unique experience and has built in Australia, France, Fiji and China with additional projects in China, Germany and New Zealand.

Ms Gaymard said TreeTops and Ecoline will continue to deliver extravagant concepts that are not only fun, but also trailblazing.

“The success of our past attractions is a strong reference point for our team, and we are always looking to take our experiences to an even greater level.”

Frogy’s gone!

Frogy’s, the derelict former roller skating rink on Gosford’s Mann Street that has been the subject of derision and embarrassment for the past 15 years has finally been demolished and the site levelled.

Acquired by developer New Hong Kong Macau Pty Ltd in 2014 and a 3-tower development known as Waterside approved by the Joint Regional Planning Panel in early 2015 the project has been in limbo ever since due to difficulties encountered in the demolition of the Frogy’s site.

It transpired that the Frogy’s building which was formerly a department store had been built over the top of another building that contained asbestos and other issues causing the demolition to take almost two years.

The developer is now working with architects CKDS Architecture to advance a staging strategy for the development of the site with commencement of the first tower planned for early 2020.

The site also included a building on the corner of Baker Street and Georgiana Terrace and that has been demolised also. All that remains is the former county council building on Mann Street which is subject to a heritage listing.

CENTRAL COAST BUSINESS REVIEW JUNE 2019

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TOURISM NEWS

Day trippers up – overnighters down 6.8% on 2017. Of this number an average of 42% come to the Coast to visit friends and relatives. In other words almost half of would have come to the region anyway.

Meanwhile the most valuable visitors to the region are those stay overnight and longer. In 2018

Pluim completes 7th store for Bunnings

Central Coast Domestic Visitors (‘000)

Former Central Coast Tourism Inc’s Tourist Information Office Kariong, the Gateway to the Central Coast.

Closed down in 2017 following Central Coast Council’s takeover of CCTI. Closest TIC as at The Entrance 30 kms away.

TOURISM RESEARCH AUSTRALIA and Destination NSW have released visitor travel data for the year ended December 2018 for all regions across Australia and they make interesting reading for the Central Coast’s tourism industry.

Domestic Daytrip Travel (‘000)) 2018

3,879

2017

3,568

2016

3,453

2015

3,280

2014

3,195

The past five years has seen the number of day trippers increase by 21% with 2018 showing an increase of 8.7% over 2017.

The number of domestic day trips to regional NSW increased by 4.5% on 2017 and by 17.3% compared to four years ago.

In terms of Overnight Domestic Travel the Central Coast received 1.382 million visitors – down from 1.438 million in 2017 or

2018

1,382

2017

1,438

2016

1,302

2015

1,268

2014

1,248

2013

1,309

2012

1,264

2011

1,203

2010

1,147

2009

1,169

2008 1,212 While Domestic Visitors fell back compared with 2018, visitor numbers in the region have obviously plateaued.

In fact over the past ten years the number has only increased by 170,000 visitors or 14%.

When compared with competing regions over the past two years the Central Coast has not done that well: Regional Domestic Visitors (‘000)

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CENTRAL COAST BUSINESS REVIEW JUNE 2019

Regional Visitor Nights Region South Coast

2017 11,784

2018

%ag

12,749 +8.0%

Hunter

8,999

10,502

+16.7

Central Coast

3,923

3,657

-6.8%

Blue Mountains

2,376

2,566 +9.0%

Regional Expenditure ($000’)

Region

2017

2018

%age

South Coast

3,778

4,086

+8%

Hunter

3,630

Central Coast

1,438

Blue Mountains

1,043

Region

2017

2018

%age

South Coast

1,820

1,843

+1.2%

3,865 +6.5%

Hunter

1,695

1,741

+2.7%

1,382

-6.8%

Central Coast

524

534

+2.0%

1,139

+9.2

Blue Mountains

380

486 +27.8%

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Pluim Commercial Contractors have completed their seventh store for Bunnings Properties Pty Ltd with their Lake Haven store opening in April.

Built on the former 2.39 hectare Beresford Concrete Products site on the corner of Pacific Highway and Chelmsford Road, Charmhaven the $30 million store was completed in 76 weeks.

The 19,500 sqm store was built to replace a smaller Bunnings store on the eastern side of the Pacific Highway.

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International Overnight Travel This market segment reveals that Central Coast received 68,800 international overnight visitors in 2018 which translated into 851,000 visitor nights. It also reveals that in spite of the Central Coast being so close to Sydney no effort is put into attracting this high yield market.

The Table below highlights the unpredictability in this market segment, which is as a result of a lack of promotion in recent years.

International Overnight Visitors (‘000) 2018

851

2017

956

2016

650

2015

947

2014

825

M A N U FAC T U R I N G N E W S

Bioaction releases Odour App for waste water industry BIOACTION, A TUGGERAH based specialist in designing and manufacturing complete packaged solutions for the treatment of odours and emissions from wastewater has released a bioaction odour toolkit for the Waste Water Industry.

Available as an App the BOT App has been developed for and licensed to Erina Syphon, a Bioaction Hybrid Biofilter 300LPS capacity system for Central Coast Council Bioaction by Botham “We have developed a very sustainable Technologies as a free tool to assist on business through our commitment to R&D. odour control.

Many parts of our business are unique Bioaction released the BOT App at in the world and as such we are seen as Ozwater19, Australia’s international water cona highly innovative business.” said Chief ference and exhibition in Melbourne in May. Executive Larry Botham.

Celebrating its 10th year, Bioaction has Bioaction’s biological, absorption and become a world leader in odour control oxidative filtration technology solutions technology supplying water authorities and provide high-level emission abatement in local councils who are responsible for water a small operating footprint with minimal security, treatment and pipelines. maintenance and operational costs.

The transport and treatment of Depending on the foul air stream gas Wastewater demands substantial investment profile, Bioaction customises the equipdue to the extent of the piping network and ment to suit the application and very often treatment plants required to handle it. It is design a hybrid system incorporating a also a market of high operational expendimultiple phase approach. This is typically a ture due to the corrosion potential of gases biological primary treatment followed by a such as hydrogen sulphide. second phase treatment achieving up to a Bioaction systems are designed to treat 99.95% filtration rate. fugitive odours or remove corrosive gases Mr Botham is the co-founder of Bioaction from the network or both.

Pty Ltd with his brother Peter and is the technical executive of the company. He has spent the last 20 years in the environmental industry with particular focus on the Considering application of minerals and organic media

employing a skilled overseas worker?

Our solicitor, Sam Haln, can advise and assist you to get your sponsorship approved for temporary and permanent skilled visas.

Some areas of the Central Coast are also eligible for the Regional Sponsored Migration Scheme.

If you have skills and qualifications in demand in Australia, or wish to join an Australian family member, Sam can assist you in finding and applying for the right visa.

Sam also advises and represent clients at the Administrative Appeals Tribunal for reviews against visa cancellations and refusals.

Taperell Rutledge providing legal services to the Central Coast since 1958.

T A P E R E L L L

A

W

Get in touch

Bioaction odour toolkit App

Larry Botham, Founder and Managing Director, Bioaction for the treatment environmental depleting contaminates (liquid and gas).

He said that in the recent years there has been a focus on the research surrounding biofiltration for emission and odour abatement. As part of the research and product development he has been the leading participant projects research projects with; University of Newcastle, Murdoch University and UNSW.

open 7 days 35 years local

emergency dental care preventative care 1 hour teeth whitening cosmetic dentistry dental implants orthodontics and invisalign

sleep dentistry (IV) sedation oral surgery wisdom teeth removal facial cosmetic injections 3D CT scanning HICAPS claims accepted

quality dental care for life

R U T L E D G E Y

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R

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p. 4323 3333 e. info@taperells.com.au

East Gosford: 02 4323 1933

Kariong: 02 4340 2022

Suite 10, 36-40 Victoria Street East Gosford

11 Mitchell Drive Kariong

CENTRAL COAST BUSINESS REVIEW JUNE 2019

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BUSINESS BRIEFS

Robson Partners in the Community were able to get a significant amount of work done that we just can’t always get to when we’re here with the young people.

They achieved more in three hours than we have in six years working on the yard. We rely on corporate volunteers and donors like Robsons to help us achieve more than just the necessities. We want the young people to feel at home when they come to us, and a thriving backyard is helpful in achieving that.”

National Volunteer Week encouraged many community events and celebrated the countless valuable volunteers who donate their time throughout the year.

Central Coast Council senior appointments

David Evers presents cheque for $5,000 to Peter Downie from Coast Shelter Donate and participate! That is Robson Partners commitment to the community of the Central Coast, and that is exactly what the local accounting firm did on Friday 24 May as part of National Volunteer Week.

21 staff members turned off their computers to partner with Coast Shelter in a backyard blitz effort for two youth refuges on the Central Coast. Their hope was to brighten up the outdoor area so the residents could find a quiet space to relax and clear their minds, or a communal place for social connection.

The team dirtied their hands removing weeds, constructing hammocks, creating organic compost bins and veggie gardens to complement the household cooking, top-soling the lawns and planting a variety of fruit trees and plants to brighten up the shared spaces. The Count Charitable

Foundation is an important supporter and enabler of the Robson Partners community program and came to the party with $5,000 to cover the cost of the blitz for Coast Shelter.

David Evers, Robson Partners Managing Director was thrilled with how the day came together.

“Our volunteer day was an awesome show of collaboration between the Count Charitable Foundation, the generous people that make up our team at Robsons, and the dedicated staff at Coast Shelter.

The young people supported by Coast Shelter are doing it tough, and if our backyard blitz has helped them to get outside and enjoy a bit of nature, then that’s a good thing,” said David.

Coast Shelter’s Refuge Program Manager, Peter Downie said: “The team

Craig Norman

Ricardo Martello

Central Coast Council has announced the appointment of two senior executives to their leadership team.

Craig Norman has been appointed Chief Financial Officer effective from 27 May. Mr Norman was most recently Executive Director Finance, Performance and Assets for NSW Ambulance for the past four years and prior to that Director Corporate Services – West Division at the Victorian Department of Health and Human Services for six years.

From 1999 to 2010 he was CFO and then General Manager at Honeysuckle Development Corporation Newcastle which was set up in 1992 to develop the Newcastle Harbour foreshore following the closure of BHP and was renamed Hunter Development Corporation in 2007.

Ricardo Martello has been appointed

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BUSINESS BRIEFS

Executive Manager in Council’s newly created Innovation and Futures Department.

He will take up this position from 24 June.

Mr Martello has a background in innovation, sustainability, energy management and urban planning in the public and private sector including international experience in South America.

Most recently he was the City Futures Manager for Queensland’s Logan City Council.

Commenting on Mr Martello’s appointment Council CEO Gary Murphy said, “Mr Martello’s responsibilities will include business and economic development as part of his portfolio and he will be charged with bringing to life Council’s economic development strategy.”

New owners for Citicoast Showerscreens & Glass after 34 years

Lara and Phil Pike Kerry and Bob Neal have sold their businesses Citicoast Showerscreens & Glass and Citicoast Balustrading in Barralong Road,

Erina which they founded 34 years ago and built into one of the best known and respected suppliers in the industry.

New owner is Ekip Holdings Pty Limited the directors of which are Phil and Lara Pike.

Mr Pike has an engineering background along with project management over seventeen years. Mrs Pike has worked for her father, builder Barry Frost in his building company for the past fifteen years.

Citicoast’s customers extend from the northern beaches of Sydney to Newcastle and the Hunter region. They supply and install custom made shower screens, mirrors, wardrobe doors, picket and glass balustrading, pool fencing, privacy screens and gates.

The company employs fourteen people all of whom have been with them for many years and the Pikes will continue their employment.

PKF relocates to large premises Accounting and business advisory firm PKF Central Coast, formerly Smith Swayne Chartered Accountants, who became part of the PKF global family in July last year, have relocated to larger premises while remaining in Erina.

The new larger office at Suite 2, 184 The Entrance Road, Erina with 400 sqm is an open office concept with work stations to accommodate a staff of nine and allow for additional staff as the firm grows and comprises meeting rooms, board room and staff facilities.

Pacific Link Housing sets up property management company

Jonathan McCaig, Licensee and Manager Key2 Realty Award winning community housing provider, Pacific Link Housing, has announced the establishment of Key2 Realty – a wholly-owned licensed property management company.

Pacific Link Chairman, Wal Edgell said that Pacific Link Housing has a commercial outlook and a mission to continue to increase the supply of affordable housing and is continually seeking opportunities for sustainable business growth.

“Establishing a profit for purpose real estate venture had been identified as a key opportunity that meets these strategic drivers,” he said.

Profits from Key2 Realty are reinvested back into the community through Pacific Link Housing.

A new office has been established in the Gosford CBD for Key2 Realty and Jonathan McCaig has been appointed licensee and manager.

CENTRAL COAST BUSINESS REVIEW JUNE 2019

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BUSINESS NEWS

Strong interest in Premier’s Export Awards Business Owners: Single Touch Payroll legislation coming in July

Participants at the 2019 NSW Premier’s Export Awards launch at Central Coast Campus THE LAUNCH OF the 2019 NSW Premier’s Export Awards is presently being held across the regions in NSW with the launch for the Central Coasts being held at Central Coast Campus last month.

Guest Speaker at the event which was attended by some forty people, was Ms Hongbo Wang, Economic and Commercial Counsellor at the Consulate-General of the People’s Republic of China in Sydney.

She was accompanied by representatives from the Representative Office of Yunnan Commerce in Australia.

Central Coast businesses who were present included: Mars Food Australia Food to Nourish Ramm Botanicals Little Creek Cheese Halley & Mellows Life Health Foods EcoFarms

Ms Hongbo Wang, Economic and Commercial Counsellor A number of companies from the Hunter region also attended as did representatives from the ANZ Bank a major sponsor of the Awards and other export service companies.

Heath Baker Acting CEO of the Export Council of Australia encouraged exporters and those who are considering export to take advantage of the China Australia Free Trade Agreement.

“More than 93% of goods exported to China under the ChAFTA are now duty free,” he said.

However he pointed out that there are many things to consider before embarking on the export journey and the Export Council of Australia is there to help.

On the Central Coast Sharon Foster is Senior Export Advisor at the NSW Department of Industry.

Sink or swim situation?

Tonkin Drysdale Partners can help take the stress out of your commercial law requirements.

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CENTRAL COAST BUSINESS REVIEW JUNE 2019

By Troy Marchant, Robson Partners Director

The deadline for Single Touch Payroll (STP) is almost upon us and it is essential for business owners to have a compliance system in place for the new financial year.

STP requires all employers to digitally report directly to the Australian Tax Office (ATO) each time employees are paid, regardless of the number of employees.

For many businesses, this will mean a significant administration adjustment and in investment in digital payroll software. The tax office counted 300,000 Australian businesses in February that were not already using digital payroll software that would need to make the switch.

Fortunately, many digital software providers have made inexpensive options available. The real investment is identifying the right one for individual business needs, and establishing the time and skill necessary for efficient management.

The Australian Tax Office will give businesses until September 30 to begin reporting without penalty.

Beyond that, an official exemption will be required.

This has been described as the biggest change to small business tax compliance since the GST. Small business owners need to be alert, but not alarmed, and to speak to their tax agent about an effective and bespoke management strategy before July.

A webinar on STP is available for download on the Robson Partners website news section.

CEN T R AL COA S T COUNCIL NE WS

Council to acquire properties for Gosford Cultural Precinct At its 29 April meeting Council approved the acquisition of three Gosford properties which when purchased will make up the Gosford Cultural Precinct and authorising council officers to negotiate with the respective property owners.

The properties to be acquired are: 123B-125A Donnison Street, Gosford an L-shaped block of 2,317 sqm that adjoins blocks 73 Mann Street of 202 sqm and 75 Mann Street of 1,239 sqm.

The Mann Street properties adjoin the Council owned property formerly the Broadwater Hotel.

Council moves to take over Town Centre Management programmes At its 10 December 2018 meeting Council moved to take over the town centre management activities previously carried out by the local committees at Toukley, Wyong, The Entrance, and Gosford and for which a levy totalling around $300,000 was collected from all business ratepayers in each town centre.

Council’s intention is to develop a regional approach to specifically support local economic and business development initiatives.

Since then council officers have consulted with Gosford Business Improvement District, Wyong Regional Chamber of Commerce, Greater Toukley Vision, The Peninsular Chamber of Commerce, Gosford, Erina & Coastal Chamber of Commerce,

and The Entrance & Districts Chamber of Commerce along with the Central Coast NSW Business Chamber to develop and deliver objectives that meet the localised business support program as outlined within this report.

At its 13th May meeting Council noted the proposed Regional Business Development Support Program model for Town Centres for the 2019/20 financial year and resolved to provide $30,000 funding in the 2019/20 financial year to all of the groups mentioned above to develop and deliver objectives that meet the localised business support program as outlined within the report.

Council will now go ahead with their plans to take over marketing of the town centres.

Hamlyn Terrace road project to complete ‘missing link’ Central Coast Council has started a major road project on Louisiana Road, Hamlyn Terrace to better connect two recently completed subdivisions.

Council Director Roads Transport Drainage and Waste, Boris Bolgoff said the $1.58 million project would deliver an important piece of infrastructure for this booming suburb.

“This 110 metre section of Louisiana Road in Hamlyn Terrace will provide an improved connection between two new communities in Hamlyn Terrace,” Mr Bolgoff said.

“The topography of this site presents drainage challenges and we have devel-

oped a solution that will make the road meet the one in 100-year flood free standard.

“We will be constructing a shared pathway as part of the project, which will allow locals and visitors to walk, run and cycle around the area.

Council approves multi-dwelling Woy Woy housing development Council has approved a development application for a residential flat building and multi-dwelling housing development in Woy Woy, comprising 27 units, 7 townhouses and a basement carpark.

The development application for 170–176 Blackwall Road and 8 Farnell Road, Woy Woy was approved after being assessed against a range of considerations and policies, with variations made to the original proposal in relation to matters such as vehicular entry, solar access, waste servicing and communal open space in order to achieve a better design outcome.

Central Coast dam levels low Water storage at Mangrove Creek Dam, the Central Coast’s primary dam, continues to fall and now sits at 54.46 per cent.

Level 1 water restrictions will come into effect when the dam level reaches 50%.

Central Coast Council Director Water and Sewer Bileen Nel, said Council had decided to impose restrictions earlier than it had in previous droughts.

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CENTRAL COAST BUSINESS REVIEW JUNE 2019

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FOR SALE

FOR LEASE

PROPERTY OF THE MONTH

SOMERSBY INDUSTRIAL LAND WITH GREAT EXPOSURE

Block of land, prominent corner position. Land has been cleared, filled, levelled & ready to build on. Zoned IN1, approx 4634m2, site office incl. Couple of min - M1 Motorway, approx. 1 hr to Sydney or Newcastle.

AUCTION THURSDAY 13TH JUNE 2019 - ON SITE

14 PIONEER AVENUE, TUGGERAH

Consisting of (Approx) 3312m2 level IN1 zoned land, two adjoining sheds, multiple roller doors, has compacted hardstand, storage areas, huge carpark, offices, 3 toilets, kitchenette & security/alarm system.

FOR SALE – Expressions of interest

Ground floor warehouse and amenities approx. 362m2, Mezzanine approx. 78m2. Signboard opportunities.

Ceiling height 6m - 7m. Solar power on the roof. Good truck access, 3 allocated parking spaces. Male/female bathrooms incl shower.

FOR SALE $920,000 or FOR LEASE $55,000G/PA + GST

FOR LEASE FIRST TIME AVAILABLE TO THE OPEN MARKET DUE TO OWNER OCCUPIER SALE

WYONG - QUALITY MEDIUM SIZE WAREHOUSE

Wyong Road exposure approx. 46,000 passing cars daily, B5 zoning, incl medical usage.

Tenancies 200sqm - 330 sqm (approx.) in current configuration. Owners prepared to separate/create smaller/larger tenancy areas.

Freestanding 100% office building, high ceilings.

Large carpark, fit-out available. Common Area, Lobby, outdoor space & port cochere.

FOR LEASE - Contact Agent

175m2 industrial warehouse with high clearance & 30m2 mezzanine level. ‘ A ‘ Grade warehouse in a highly sought-after estate. Opportunities like this don’t come along very often.

FOR SALE $390,000 + GST

WYONG THE BUY OF THE CENTURY!

QUANTUM SPACE WYONG - 10% NET RETURN GUARANTEED FOR 2 YEARS & 3 YEAR OPTION

Units ranging from 30 to 93m2 w/ up to 3.9m high roller doors, drive in access & mezzanine levels for all-in-one office. A premium Investment in hot demand. With prices from $92,000 + GST you’d better act FAST

Industrial Zoning, Land area 1,195 sqm. Terrific land holding. Close prox to Gosford CBD. Located opposite the Citi Gate Business Centre FOR SALE – Contact Agent.

TUGGERAH BEST VALUE INDUSTRIAL ON THE COAST!!

WEST GOSFORD EXCELLENT WAREHOUSE WITH MAIN ROAD EXPOSURE

This 285m2 industrial unit is great value! In an established industrial estate, good access to bus, rail, Wyong, close to MI Motorway, linking the Central Coast to Sydney/Hunter region. 3 phase power, container height roller door. Zoned IN1 industrial.

FOR SALE $445,000 + GST

GOSFORD RARE DEVELOPMENT OPPORTUNITY CLOSE TO GOSFORD CBD

GOSFORD – GROUND FLOOR RETAIL SHOP IN THE HEART OF CBD 64m2 in Gosford Central Plaza, fit out & has large frontage/window display. Currently being used as an embroidery shop but would also be ideal for several other retail/office uses.

FOR SALE $280,000 No GST applicable

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

SOMERSBY UNDER CONSTRUCTION – CLOSE TO COMPLETION

Concrete tilt panel unit approx. 591m2, Glass Shopfront, 5M High x 4.5M Wide Roller door, Disabled bathroom incl shower, Kitchen, 3 Phase power, Sub boards supplied, Telstra conduit to boundary & MDF to each unit, Secure Fencing, auto gate w/ keypad entry, parking at front, good truck access.

FOR LEASE $65,000 pa + GST

GOSFORD – MODERN, A GRADE, OPEN PLAN OFFICE Modern, A grade, open plan office. Large efficient floor plan spaning over 2 levels. Ample on-site parking & easy access to public transport. 457m2 approx.

FOR LEASE $105,000 pa nett + GST

TUGGERAH HIGH EXPOSURE, FLEXIBLE RETAIL WITH YARD! Opposite Tuggerah Super Centre. The total freehold area available for lease (approx.) 2,876m2 consisting of (approx.) 232m2 NLA office/showroom residence plus (approx.) 66m2 NLA separate double garage.

FOR LEASE $97,000 pa Gross + GST

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

Phone 4353 7700

Get results!

FOR SALE

Bonython Tower, Gosford

Bonython Suites Bonython Tower Commercial – The place to be.

Suites varying in size, starting from $280,000 Visit bonythoncommercial.com For more information:

Andrew Dunn on 0458 864 236

FOR SALE $2.95M ex GST

351�355 The Entrance Rd, Long �e�y

Freehold investment with exposure!

22 room Motel with 3br managers residence Long lease to experienced operator Large 3,174m2 approx. freehold site 4 star rating For more information:

Ben Purdue 0450719600

Local Knowledge & National Strength CENTRAL COAST BUSINESS REVIEW JUNE 2019

ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au

PROPERT Y

Koolewong Marina for sale

SHOP 4/1A LONDON DRIVE, WADALBA FOR LEASE

JOIN McDONALD’S, 7 ELEVEN & ISUZU Rare & hard to secure 114m2 ground floor premises directly behind 7 Eleven & McDonalds in Wadalba.

Near new with sleek modern construction perfect for retail, professional or food & drink uses. Plenty of on grade parking, don’t miss this unique offering available now $36,049.96 + Outgoings + GST.

218 WISEMANS FERRY RD, SOMERSBY FOR LEASE

Modern Somersby Industrial Unit Located just 2 mins from the M1 Sydney Interchange and approx. 10 mins from Gosford CBD. Concrete panel construction with a ground floor area of approx. 180sqm including WC, shower, kitchenette and an area that could simply be enclosed to create a reception/ showroom area (if required).

The carpeted mezzanine office area at the front is approx. 40sqm. The warehouse area has an insulated roof with translucent panel and hi-bay lights, 100 amps, 3 phase power, 4.6 metre wide roller shutter with minimal internal height of 6.4 metres. $26,400pa (GST free) plus outgoings.

4/4 BURNET ROAD WARNERVALE

FOR LEASE

Close to M1 Motorway This well presenting concrete panel industrial unit is within a gated complex. Located within the Warnervale Industrial area that is zoned IN1 General Industrial. A high clearance industrial unit is 9approx. 200sqm. On the ground floor with a 30sqm mezzanine storage area, including a welcoming airconditioned office or showroom area, kitchenette, high and wide roller door and 2 allocated car spaces. $34,500 Per Annum Net + GST. Contact: Mark Davies 0422 442 858 Daniel Mason 0403 889 530 Chris Watson 0402 430 213 Prices shown with * are inclusive of GST.

4325 0208 83 MANN STREET, GOSFORD 2250 www.chapmanfrazer.com.au

Koolewong Marina Koolewong Marina at Koolewong on the Brisbane Water and Marmong Point Marina in Lake Macquarie have been placed on the market through agents Knight Frank via Expressions of Interest.

Owners Les Binskin and Symantha Suprain acquired Koolewong Marina in 2014 and developed the 71-berth marina which opened in February 2017.

The commercial building which supports the marina was built about 30 years ago and comprises restaurant and facilities at ground level and offices above.

The marina is accessed via a security key glass gate and aluminium gangway to

three new concrete floating arms providing berthing for boats ranging in size from 32 to 100 feet in length The property is held on one leasehold title comprising the reclaimed land area on which the commercial building stands along with car parking space for 45 vehicles and marina area.

A new lease over the site commences 2019 for 30 years.

Full financial and management detail are provided in the MOI which is available from agent Anthony Pirrottina.

Email: Anthony.Pirrottina@knightfrank.com

Get results!

ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au

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 JUNE 2019

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PROPERT Y REPORTS

Commercial sales in Bonython Tower Gosford

ERINA – Commercial property sold

Commercial office suites at Bonython Tower Occupants on the commercial levels of the Bonython Tower Building at 155-163 Mann Street, Gosford will soon start moving following off the plan sales.’

A financial services business has bought Suite 105 of 50 sqm paying $408,750 plus GST. International data analytics and visualisation company See-Change has bought a 25 sqm office paying $245,000 plus GST for suite 112.

Both sales were negotiated by Ty Blanch and Anthony Scarcella from LJ Hooker Commercial Central Coast.

Also sold was Suite 115 of 66 sqm overlooking Mann Street bought by Envisage Software Solutions for $530,000 plus GST. Envisage Software is relocating from Riverside at West Gosford to larger premises.

This sale was negotiated by Andrew Dunne from Raine & Horne Commercial.

A 1,992 sqm commercial property at 13 Barralong Road, Erina has sold to a local buyer for $1,350,000 plus GST. The property which is vacant comprises 3 buildings of 575 sqm of which one is a house converted to administra-

ERINA – Owner occupier buys strata office An owner occupier has purchased Suite 1, a 137 sqm strata office suite, at 255 The Entrance Road, Erina.

The suite is part of a 3 unit complex near the Terrigal Drive and The Entrance Road intersection.

Ben Purdue from Raine & Horne Commercial Central Coast negotiated the sale.

WEST GOSFORD – Plumber buys development site

tion offices, with extensive concrete hardstand and space for 18 cars.

The sale was negotiated by Karen Aubrey from LJ Hooker Commercial Central Coast.

LEASINGS ERINA - Doctors lease retail space Two doctors have leased Shops 7 and 8 a 157 sqm space at Elizabeth Court, 30 Karalta Road, Erina.

Terms of lease are 3 years with 2 year option at a rental of $53,000 per annum including Outgoings and GST. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the lease.

ERINA – Seafood processing business leases commercial kitchen A seafood processing business has leased a 92 sqm commercial kitchen at 172-176 The Entrance Road, Erina.

Terms of lease are 3 years with 3 year option at a rental of $17,500 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease.

A plumber has plaid $900,000 plus GST for a vacant industrial site at 14 Stockyard Place, West Gosford.

The 4,969 sqm sloping site requires considerable earthworks to be carried out to be developed.

CENTRAL COAST BUSINESS REVIEW JUNE 2019

According to RPData the property last traded in 2016 for $545,000.

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

WEST GOSFORD – Screen printer re-leases factory unit Screen printing business TJ Graphics has re-leased Unit 4 at 14 Gibbens Road, West Gosford a 267 sqm unit.

Terms of lease are 3 years with 3 year option at a rental of $34,020 per annum plus Outgoings and GST.’ Andrew Dunn from Raine & Horne Commercial negotiated the lease.

RESIDENTIAL PRESTIGE PROPERT Y REPORT

Park-like acres and horse friendly at Matcham

Contemporary living and an idyllic location – Killcare Heights The property: 84 The Scenic Road, Killcare Heights. This 5-bedroom, open plan design home on a 696 sqm block is situated on the Bouddi Peninsula with views to Palm Beach.

The price: $1,050,000 The buyer: A Central Coast family The sale: The property was on the market for six weeks and was marketed using the internet based marketing campaign.

Central Coast weekenders for Sydney buyers The property: 110 Coachwood Road, Matcham. Set upon 4.4 north-facing acres this spacious 4-bedroom home is the centrepiece of a park-like garden with impressive tree-lined driveway. The property features a dam, stables, large paddocks and vegetable gardens.

The price: $1,850,000 The buyer: A Central Coast family The sale: The property was on the market for 20 days and was marketed using the internet, social media and print.

The agents: Stephen Gittoes and Ingrid Osborn from Gittoes who said that there is a continuing interest in lifestyle properties.

Sydney buyers are continuing to invest in Central Coast holiday houses, with one buyer recently spending $4.5 million off market to win an incredible weekender Macmasters Beach.

The absolute beachfront property at 13a

Tudibaring Ave is a well-known holiday house, owned by a Sydney investor for the past nine years.

The property was sold by Kyle Brand from George Brand Avoca Beach.

“The buyers had actually holidayed at this property in the past, and as soon as I mentioned it, they knew it was the one that they wanted,” he said.

Mr Brand had been in touch with the owners of Two Points for about five years and when he approached them about selling, they said that the time was right, but it had to happen quickly.

In a speedy transaction, the property was sold for a new Macmasters Beach record.

FOR SALE

80 Coachwood Road, Matcham Premier Location & Lifestyle Opportunity This comfortable family home is set on a beautiful north facing 2.5 acre parcel of land with an established garden setting. The courtyard encompasses a BBQ area with fireplace, pizza oven and fire pit. D.A. approved plans are in place for the detached garage, alterations and extensions to the existing dwelling and a swimming pool.

Price: Auction on Saturday 15th June at 12:15pm (unless sold prior) - Onsite Inspect: Saturdays 12:00 – 12:30pm or By Appointment during the week Agents: Stephen Gittoes & Ingrid Osborn

8 Willdenow Road, Avoca Beach Ideal Family Entertainer & Tranquil Bush Outlook This two-storey brick and tile family home has multiple indoor and outdoor entertaining spaces, a functional floorplan and a peaceful outlook to bush reserve. There is an open plan dining and living area, and the kitchen has stainless-steel appliances and a large breakfast bar. There is also a covered alfresco entertaining area overlooking the fully fenced inground pool and a level grassed yard.

Price: $980,000 - $1,075,000 Inspect: By Appointment Agent: Blake Strettonwww.prdettalong.com

CENTRAL COAST BUSINESS REVIEW JUNE 2019

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BUSINESS TIPS

Tips to avoid underinsurance

By Nathan Corrigan, Account Manager, Insurance House Central Coast

MANY BUSINESS OWNERS may not be aware that their business property insurance policy most likely contains a Co-Insurance/Average Insurance clause.

The impact of these types of clauses is that if you are underinsured (not insured to the full value) or the amount of insurance limit purchased is inadequate, your claim may be reduced in proportion to the amount of the under-insurance.

So, here are some tips to avoid the pitfalls of underinsurance.

1. Work with your trusted insurance advisor to ensure that you have read and understand your Product Disclosure Statement and policy documentation.

2. Identify the types of risks you are exposed to, the likelihood of these risks occurring and their potential impact.

3. Building costs and standards change.

The costs of building increase every year and complying with new building standards may add to rebuilding costs if your property is damaged or destroyed. To help

establish an adequate sum insured to cover the cost of rebuilding your property: i. Use an online calculator to obtain a general guide to work out how much cover you need, or ii. Engage a professional (eg. builder, quantity surveyor, valuer) to provide a professional valuation.

4. Ensure that you consider other expenses such as demolition, debris removal and architectural, engineering and council costs in your calculation.

5. Establish an asset register to create an inventory of items in your business.

6. Keep an accurate account of your maximum stock levels, particularly at peak trading times.

7. Review the sum insured in your business property insurance policy regularly; at a minimum, when you renew them to make sure you do not become underinsured.

8. After upgrading or replacing your plant and equipment, consider whether your sums insured are still adequate.

If you’re underinsured, you might experience significant financial loss when making a claim because the amount you need to replace what you have lost will exceed the amount your insurer can pay out.

If you are unsure whether your policy contains such a clause, you can contact Nathan Corrigan on 02 8913 9137 to obtain free health check on your insurance program.

Mind your business: What a Coalition Government means for Small Business.

By Troy Marchant, Director, Robson Partners Chartered Accountants

Small businesses often have to work in a haze of ambiguity. With the election now behind us, it’s time to get clear on the policies that will impact small business over the next three years.

• Tax Cuts: This is an early priority for the Coalition Government. Businesses with a revenue of under $50 million a year to 2021-2022 should expect to see a cut on tax from 27.5% to 25%.

• Instant Asset Write-Off: The threshold of instant asset write-off has already been expanded from $20,000 for small business (<$10 million) to $30,000 for small and medium businesses with a turnover of <$50 million. The $30,000 threshold applies for businesses that have paid for assets first used and installed after 2 April 2019 and 30 June 2019.

• $2 billion Business Securitisation Fund: This fund will provide funding to smaller CONTINUED ON PAGE 21

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banks and non-bank lenders to promote more competitive conditions in the SME lending space.

Unfair Contract Terms Law: The Coalition is considering making Unfair Contract Laws illegal; attaching civil penalties to breaches; and redefining small business for the purposes of the protections as a business that employs fewer than 100 persons at the time the contract was entered into, or had a turnover of less than $10million.

Export Grants: Funding for the existing scheme will increase by $60 million over three years from 2019–20 in an effort to encourage Australian small businesses to launch into oversees markets. Last year more than 3,500 small and medium enterprises accessed the scheme, generating exports of $3.8 billion.

E-invoicing: Australian and New Zealand leaders have committed $1 million for an electronic invoicing board called ANZEIB to oversee the rollout of e-invoicing technology in both countries. It is thought that this simplified digital program will save businesses about “$30 billion” in transaction costs by 2029. The framework provides a common language for various e-invoicing software systems to communicate with one another. Businesses will be able to access that framework by the end of the year.

Energy Policy: The Coalition has promised to deliver power bill relief for small businesses by targeting a 25% reduction in the average National Electricity Market (NEM) wholesale spot price by the end of 2021. The commitment, if achieved, would reduce the NEM spot price from the current $88.3/MWh to less than $70/MWh.

Advertising is an investment in your business.

It’s our business to help your business.

For further information phone 4367 0733 or email info@ccbusinessreview.com.au

When it comes to terminating a staff member, ‘shooting first and asking questions later’ is rarely the best approach

By Warwick Ryan, Partner, Hicksons Lawyers

Even when the reason for terminating a staff member seems justified, if procedure is not followed, it will not end well.

The consequences are that you end will end up spending precious time and money in the Fair Work Commission or, worse, the FWC orders the reinstatement of the employee.

When considering termination, the two elementary steps for employers are, firstly, substantiate a valid ground for termination, and secondly, follow the correct process for dismissing an employee.

This lesson was recently learned by Lek Supply Pty Ltd (‘Lek Supply’) who was ordered to rehire an employee which it unfairly dismissed, despite having a valid ground for termination.

Background Ms Jackman, the Applicant, worked for Lek Supply, a cabinetry and hardware importer, from February 2015 - April 2018 as a sales associate. From May 2017- January 2018, Ms Jackman was on maternity leave and, during this period, established her own business which sold candles, bath and body products.

When she returned from maternity leave, her employer noticed that she had incorrectly lodged sales orders and was increasingly distracted at work. The employer soon realised that this was because she was ‘engaged in private business activities while at work’. These activities included receiving phone calls and advertising products on Instagram and Facebook during business hours.

The Fair Work Commission commented that such activities clearly breached her contract of employment and constituted a valid ground for termination. However, when terminating Ms Jackman, the Commission held that the employer was still obligated to follow established protocol.

Unsure of the correct termination

procedure, Lek Supply by-passed the accepted procedure of: • providing the employee (accompanied by a support person) with an opportunity to explain her actions a letter of dismissal; and • if there was prospect of Ms Jackman changing her ways, giving her a warning.

• Factors that Employers must Consider when Terminating an Employee • The Commission outlined the following considerations that employers must keep in mind when dismissing an employee: • (Valid ground for termination) employers must ensure that the ground for termination is substantiated and supported by evidence; • (Notice) employers should give their employees notice of the reasons that they are being dismissed for; • (Procedural fairness) employers should provide their employees an opportunity to respond to the reasons for dismissal – with a support person; • ( Warnings) employers should warn their employees about conduct or performance which is inconsistent with their employment contract or the business’ values; and • (Capabilities of employer’s business) employers should obtain external advice, preferably from a lawyer, to help improve the process of dismissing an employee.

Although the employer had a valid ground for termination, the Commission determined that the employer failed to allow her the opportunity to respond to the allegations. The Commission decided that, in this instance, termination was disproportionate and decided that the employer should have, firstly, warned Ms Jackman that her conduct was improper and allowed her to change her ways before taking further action.

The employer – even though a small enterprise – was required to re-hire the worker.

Takeaway It is important that, when dismissing an employee, as frustrating as it can be, following the above procedure is the surest way to avoid a worst case outcome – a dismissed employee being reinstated to your business.

CENTRAL COAST BUSINESS REVIEW JUNE 2019

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FUNNY BUSINESS

A PHOTOGRAPHER FOR a national magazine was assigned to get photos of a large bush fire.

Smoke at the scene was too thick to get any good shots, so he frantically called his home office to hire a plane.

“It will be waiting for you at the airport!” he was assured by his editor. As soon as he got to the small, rural airport, sure enough, a plane was warming up near the runway. He jumped in with his equipment and yelled, “Let’s go! Let’s go!” The pilot swung the plane into the wind and soon they were in the air.

“Fly over the north side of the fire,” said the photographer, “and make three or four low level passes.”

“Why?” asked the pilot.

“Because I’m going to take pictures! I’m a photographer, and photographers take pictures!” said the photographer with great exasperation.

After a long pause the pilot said, “You mean you’re not the instructor?”

A Texan farmer goes to Australia for a vacation. There he meets an Aussie farmer and gets talking.

The Aussie shows off his big wheat field and the Texan says, “Oh! We have wheat fields that are at least twice as large”.

Then they walk around the farm a little, and the Aussie shows off his herd of cattle.

The Texan immediately says, “ We have longhorns that are at least twice as large as your cows”.

The conversation has, meanwhile, almost died when the Texan sees a herd of kangaroos hopping through the field.

He asks, “And what are those”?

The Aussie replies with an incredulous look, “Don’t you have any grasshoppers in Texas”?

An English professor wrote the words, “Woman without her man is nothing” on the blackboard and directed his students to punctuate it correctly.

The men wrote: “Woman, without her man, is nothing.”

The women wrote: “Woman! Without her, man is nothing.”

Feeling edgy, a man took a hot bath.

Just as he became comfortable, the door bell rang.

The man got out of the tub, put on his slippers and robe and went to the door.

A salesman at the door wanted to know if he needed any brushes.

Slamming the door, the man returned to the bath.

The doorbell rang again. On went the slippers and robe, and the man started for the door again.

He took one step, slipped on a wet spot, fell backward, and hit his back against the hard porcelain bathtub.

Cursing under his breath, the man struggled into his street clothes and with every move a stab of pain, drove to the doctor.

After examining him, the doctor said, “You know, you’ve been lucky.

Nothing is broken. But you need to relax...

Why don’t you go home and take a long hot bath?”

A business owner tells her friend that she is desperately searching for an accountant.

Her friend asks, “Didn’t your company hire an accountant a short while ago?”

The business owner replies, “That’s the accountant I’ve been searching for.”

“Sam walks into his boss’s office and says ‘Sir, I’ll be straight with you, I know the economy isn’t great, but I have over three companies after me, and I would like to respectfully ask for a raise.’

After a few minutes of haggling the boss finally agrees to a 5% raise, and Sam happily gets up to leave. ‘By the way,’ asks the boss, ‘Which three companies are after you? ‘’The electric company, water company, and phone company!’

The owner of a company tells his employees: “You worked very hard this year, therefore the company’s profits increased dramatically. As a reward, I’m giving everyone a cheque for $5,000.”

Thrilled, the employees gather round and high five one another.

“And if you work with the same zeal next year, I’ll sign those cheques!”

Quote from the boss: “Teamwork is a lot of people doing what I say.”

Quote of the month “Drive thy business or it will drive thee.”

Benjamin Franklin

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