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Vol 27 June 2018 Published monthly (except January)
MURRAY VAUGHAN & STEVEN MCCUMSTIE Mitre 10 Kincumber Gosford builder wins Australian Home of the Year Award June opening for Central Coast Lexus dealership $52 million to make Gosford great
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20,00 0 Cover story 4 Murray Vaughan and Steven McCumstie – Kincumber Mitre 10
Business News 7 Gosford builder wins Australian Home of the Year Award 8 Government comes to the party as Council pushed into fixing Ettalong Channel 9 $52 million to make Gosford great 11 June opening for Central Coast Lexus dealership 12 Six Strings Brewing to expand 12 Laurie Maher OAM retires 13 Central Coast Council appoints CEO 13 StHilliers’ Financial Services building tops-out 14 World-class mentor programme kicks off at Wyong High School 14 Wood Glen taking shape 15 Loyal IT Solutions celebrates 15 years 16 Matthew Wales re-elected Chamber President 16 Rhonda’s Terrigal now modern Italian 17 GOSFORD REVITALISATION REPORT 21 TK Maxx opens at Westfield Tuggerah
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21 Tricia Cotterell appointed to the Board of the Association of Independent Schools NSW 23 Small business technology trends 24 Gosford ATO building sold on 6.9% yield 27 East Gosford maisonette sets new lifestyle 28 Federal Budget 2018 – What is means for your business? 28 Stamp Duty Exemptions (NSW) – Does it affect you? 29 Can an employer be sentenced to jail for underpaying their workers? 29 Letter to the Editor
Regular features 6
Edgar Adams’ Editorial
Ettalong Channel and the politics of poison
15 Travel – Sacred Valley of the Incas 16 Business Briefs 24 Commercial and industrial properties for sale / lease 25 Property news 27 Residential prestige property report 28 Business Tips 23 BUSINESS TECHNOLOGY FEATURE
Front cover: Steven McCumstie & Peter Steele – Photo: Jeff McGarn
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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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COV ER S TORY
Murray Vaughan and Steven McCumstie – Mitre 10 Kincumber FOUNDERS OF MITRE 10 Kincumber, Murray Vaughan and Steve McCumstie thank the day BBC Hardware (now Bunnings) bought the Mitre 10 store they both worked in as managers at West Gosford in 1988. As the premier hardware and building supplier on the Central Coast at the time, the store was a prime acquisition target for the retail giant. Hesitant to work for a corporate however, the two mates, Central Coast locals and work colleagues used the takeover as an incentive to go into business together. Not wanting to lose two of their star performers to BBC, the Mitre 10 Group encouraged Murray and Steve to find a suitable site. Targeting the growing suburb of Kincumber, the pair and Steve’s father, Doug pooled their resources to purchase a small, rundown ‘hardware-style’ store inside Kincumber Shopping Village. Thirty years later, Mitre 10 Kincumber is one of the Group’s premier stores out of 417 nationally. Murray (now retired), Steve and incumbent Director, Peter Steele are proud to be aligned with a Group that has maintained its status as the only truly independent retail network in Australia’s hardware sector. This story explores the journey and incredible growth of a business that started cold and today employs almost 60 and continues to show significant year on year growth. Right from the start, Steve and Murray have not tried to be all things to all people. They established a model of delivering
By Phaedra Pym
expert advice coupled with the essential hardware supplies, including garden equipment, paint, tools and building supplies. If there was one standout point of difference in the way they operated in the early years (and still do) it was their strong focus on customer service. If a customer requested a product they didn’t stock, they would do everything in their power to get it in for them the next day, even if it meant buying it from a competitor. “It was and always has been about the customer,” said Steve. It was a family affair from the beginning. Peter, who joined the business in May 2003, just two months before the grand opening of the store at its current location said, “We still consider ourselves a family business, even with a staff of almost 60.” Peter was managing a Mitre 10 trade store in Brisbane for six years before moving to the Central Coast for family reasons. Driving past the site on which the new Mitre 10 building was nearing completion, Peter felt compelled to write to Murray and Steve. “Within a week, they knew more about me than I knew about myself,” he said. Peter was hired to build the trade side of the business, which was part of Murray and Steve’s growth strategy when planning the construction of the 2,000sqm building. Originally a carpenter, Peter was well suited to managing the trade department and he was also an excellent cultural fit for the business. It wasn’t long before Peter became the natural succession plan for
the Directors. Steve said, “You always have to look five to ten years ahead as business owners and Murray and I knew we needed someone with trade experience who also had the ability to help us in the retail department, which was still our dominant focus.” The planning paid off. Within twelve months of opening the new store, their turnover had grown over 100% and maintained a year on year growth of 8.5% compounding over the next 15 years. Mitre 10 Kincumber’s rapid growth that first year made the Directors realise it wouldn’t be long before they outgrew the new site. So they began considering options for a dedicated trade store. “It always factored into our plans that trade was going to be a growing market but we never anticipated it to grow as quickly as it did,” said Murray adding, “We were probably lucky that the GFC hit around that time as it slowed our growth enough to gain better financial control.” Where other businesses were hit hard by the GFC, Mitre 10 Kincumber continued to grow, albeit more slowly. Murray credits this to “moving with the times, marketing well and maintaining disciplined financial controls.” In 2011 Mitre 10 Kincumber opened a 1,500sqm trade store just metres down the road. Today the mix of retail to trade is close to 50:50. When retail hardware corporates Bunnings and Masters came onto the scene Steve and Murray said they knew they would either have to “get big or get out”.
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COV ER S TORY
They chose the former. However they have never been overly perturbed by their existence on the Coast because of the high level of customer loyalty they had already generated in the local area. In fact they managed to turn it into an opportunity. The presence of Bunnings and Masters was a factor in growing the trade side of the business because they knew it wasn’t a strong suit of either store. “Trade is very much one-onone, which doesn’t suit the personality of the big corporate,” said Steve. Peter added, “We partner with builders, take an interest in their business and help them plan.” In 2010, Australia’s leading wholesale distribution and marketing company, Metcash acquired 50.1% of the Mitre 10 Group, creating new security for Mitre 10 storeowners following a period of instability. Steve said, “They (Metcash) have a philosophy that they don’t make money unless we make money.” In 2012 Metcash secured 100% of the Group. One of the great challenges for Mitre 10 Kincumber, according to the Directors, is compliance. Steve said, “Although we employ around 60 staff we still see ourselves as a small business. We can’t afford an HR department like the big corporates yet we’re required to comply with the same regulations.” To counter this challenge, the Directors have educated each manager to run their department as though it were their own business and, if there is a problem, come to them immediately so it can be resolved.
Steve McCumstie, Murray Vaughan and Peter Steele There are many other key points of difference that have enabled Mitre 10 Kincumber to grow regardless of economic conditions. They include: • Investing in skills for the future in order to drive the business forward. • Adapting marketing strategies in line with change and by focusing on local living in their target geographical area. • Being very strategic about succession planning from the start. • Having a disciplined approach to administration, debt and cash flow. • Never losing sight of what’s behind them. This is a motto the Directors have lived by from the start. It’s about nurturing loyal customers. • Treating staff as their number one priority. Peter said, “They’re our biggest asset. They are us, they’re all part of it and we’re all equals here.” • Employing staff based on cultural fit and empowering them to take control, instilling pride and a desire to achieve targets.
• Being actively involved in and supporting the community as a team and individually. Mitre 10 Kincumber is known locally for its generosity and community spirit. • Regular, transparent communication. Peter said, “We don’t wait for meetings, we’re not a corporate. We’re us, we communicate every day and value the opinion of our staff.” • Taking pride in the business and never losing the passion that drove them to start. Although Steve, Murray and Peter have been approached by the big corporates over the years, they have steadfastly refused the offers. “This is our passion and it’s more than just our business. It also belongs to our staff,” said Steve. “In the end the decision has always been easy.” Mitre 10 Kincumber has been recognised for its achievements with numerous awards. The Group uses the Kincumber store as a national example of best practice, something the Directors and all staff are justifiably very proud of.
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EDITORIAL
Edgar Adams discusses local issues
Ettalong Channel and the politics of poison the Channel the Mayor says the funds FOR THOSE WHO think that the Brisbane will have to come from some programme Water is a playground for the rich then it is because council doesn’t have the funds. time to think again. Well Mayor Smith where did the $500,000 Brisbane Water supports a Marine come from to fund the Marine Discovery Economy that is as vital to the regional Centre at Terrigal run by the Community economy as any industry sector. Environment Network of which you are CEO? There are four marinas plus Gosford What council programme was robbed for Sailing Club servicing a fleet of boats from this huge sum to this outfit? luxury cruisers to tinnies, an oyster industry worth millions of dollars and all employing At the same Council meeting on the 14th a lot of people. May at which over 300 people attended in And of course there is (or was!) a ferry support of the Ettalong Channel the Mayor service that brought tourists from Palm allowed a marathon debate to continue Beach, serviced the Wagstaffe and Hardy’s over a child care centre at Wamberal which Bay area and took morning commuters to was subsequently knocked back and will be work on the northern beaches of Sydney. approved by the Land & Environment Court The State Government takes over two at great legal cost to council. That infanmillion dollars each year out of Brisbane tile debate took over an hour and then it Water in fees and licences. was another hour and a half to debate the And yet right now thanks to the poisonEttalong Channel. ous politics being played out at Central When all that was over it took five minCoast Council the economy generated by utes to approve Council’s $761.3 million Brisbane Water is in jeopardy as the Ettalong dollar Budget. Channel continues to silt up and has That Council meeting said everything. stopped the ferry service from operating. It took a public meeting called by We welcome Central Coast Council CEO Ettalong Diggers Club at which over 450 Gary Murphy who will take up his position people attended, followed up by most of at the start of July (see Page 13). them attending a Council meeting a few Mr Murphy comes to the Central Coast days later that convinced these councillors with considerable experience in local govthat they had better do something (see ernment and that includes in South Africa story Page 7). where he comes from. But having reluctantly agreed to come He has achieved much as General to the party and apply to the State Manager Lismore City Government for 50-50 funding to ad_small_update.pdf dredge Murrays_Erina-tamworth 2 of2/17/15 10:24Council. AM
Mr Murphy is a man of vision and here on the Central Coast that is exactly what we need. Central Coast Council has been without a permanent CEO since it was elected in September 2017. I am sure the staff at Council who have been doing an exceptional job will be happy to have him on board. On a positive note we congratulate Michelle and Daniel Syddall of Construct Central Coast, a building company that has swept the field before them and taken out the 2018 HIA-CSR Australian Home of the Year Award (see Page 7). The luxury waterfront home they have built for a Sydney family at Wagstaffe has shown them to be Australia’s leading highend home builder. This is just another example of a Central Coast business who is equal to the best in the country. Think about it, there were a hell of a lot of builders in Australia vying for this prestigious award. Edgar Adams Editor Revitalisation of Gosford – see Edgar Adams editorial page 18
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BUSINESS NEWS
Gosford builder wins Australian Home of the Year Award
Award winning home in Balkara Street, Wagstaff built by Construct Central Coast GOSFORD BASED HOME builder, Construct Central Coast has taken out the top accolade winning the HIA-CSR Australian Home of the Year Award at the 2018 HIA-CSR Australian Housing Awards. This year’s winning projects were unveiled before hundreds of industry leaders at a prestigious awards ceremony held on the final night of the 2018 HIA National Conference in Singapore. Construct Central Coast also won the Australian Custom Built Home Award sponsored by Stramit Building Projects. Construct Central Coast’s entry had won the 2017 HIA Hunter Region Home of the Year Awards for the waterfront home at Wagstaffe with the judges saying they found this home to be a true reflection of good design and meticulous construction.
Construct Central Coast Directors, Michelle and Daniel Syddall with CSR Managing Director Rob Sindel
The outstanding quality of workmanship contributes to the calm and welcoming feel throughout the home. Whitewashed internal doors swing on concealed pivots and the hand-painted exposed ceiling beams in white glow with subtle backlit LED lighting. These seamless finishes, and cool white tones work together to create stunning spaces to live and relax in. Construct Central Coast also won the 2017 Custom Built Home of the Year, and Bathroom Project of the Year which took them into the national awards competing with the best in Australia. HIA Hunter Executive Director Craig Jennion congratulated Construct Central Coast and all award winners and finalists. “HIA members are dedicated to achieving the very best workmanship and standards in
every project they undertake. HIA’s Awards provide a tremendous opportunity for our members to showcase their projects and highlight building and design excellence”. “This particular project is a great example of what is possible when passion, superb workmanship and meticulous design is combined”. A second generation builder Daniel Syddall established Construct Central Coast with his wife Michelle in 2004 and employs a team of 16 tradesmen and 4 apprentices working in conjunction with a range of architects and designers and employing local trades and suppliers. The company specialises in building highend homes and is currently working on a heritage listed home at Birchgrove on Sydney Harbour and two homes at Wamberal.
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BUSINESS NEWS
Government comes to the party as Council pushed into fixing Ettalong Channel
Ettalong Channel – 25th May 2018 THE STATE GOVERNMENT has announced that it will provide emergency funding to dredge around 20,000 cubic metres of sediment from Ettalong Channel. The Minister for Lands and Forestry, Paul Toole said, “Central Coast Council has agreed to apply for funding under the Rescuing Our Waterways program, which provides coastal councils with 50 per cent of the cost of dredging operations in local waterways, and I welcome that commitment,” Mr Toole said. “Recognising that commitment by Central Coast Council, I have ordered the completion of a third round of emergency dredging by the NSW Government, which will cost around $250,000, to reinstate accessible and safe navigation through the channel.” However, it took a public meeting called by the Ettalong Diggers Club to force the issue but on Monday 14 May Central Coast Council finally agreed to seek 50-50 funding from the State Government to dredge the Ettalong Channel which had become highly dangerous. The move comes after months of prevarication and obfuscation by Labor councillors who insisted on turning the issue into a political slanging match as to who should pay the cost, saying it was a State Government responsibility. Council’s agreement came after the CEO of Ettalong Diggers Club, Bill Jackson, called a public meeting for Thursday 10th May to try and get some resolution on the issue and over 450 people turned up to voice their support to get the Channel dredged as soon as possible. The public meeting was attended by Councillors Richard Mehrtens (ALP), Bruce McLachlan (Ind.) and Jilly Pilon and Rebecca CENTRAL COAST BUSINESS REVIEW JUNE 2018
Gale Collins (Lib) along with local State Members Adam Crouch (Liberal Member for Terrigal), Liesl Tesch (ALP Member for Gosford) and David Harris (ALP Member for Wyong) who watched from the sidelines. Central Coast Council Mayor Jane Smith and Deputy Mayor Chris Holstein did not attend. The meeting was attended by residents from Killcare and Hardys Bay who have been affected by the cancellation of ferry services to and from Palm Beach, Ettalong residents and business people, boat owners and marina operators and others. The outcome of the meeting was that Councillor Rebecca Gale Collins said that she would support a proposed urgency motion to be put to the next meeting of Council this Monday night 14th May with those in attendance saying that they would
attend the meeting in Gosford in support for Council to immediately make application to the State Government for 50-50 funding to dredge the channel. Following the meeting and in the knowledge that it had overwhelmingly supported this approach to the Government, Council at 5.02 pm on Friday evening 11th May issued a Media Release maintaining that the State Government was fully responsible for the dredging, totally ignoring the wishes of the residents at the Ettalong meeting. At Council’s regular meeting on the 14th May at which the public gallery was overflowing with those who had attended the Ettalong meeting Council finally, after a debate over an hour moved a Resolution with ALP Councillors supporting it: In a strangely worded Media Release by Council following the meeting it is obvious that Council has been dragged kicking and screaming to get the Channel dredged with the headline “Council calls on State Government to urgently dredge Ettalong Channel”. Mayor Jane Smith said the decision on dredging Ettalong Channel provides a clear path forward but requires the State Government to take action now. “We have agreed to apply to the State Government for Rescue Our Waterways funding,” said Mayor Smith. “It is clear that this funding will not be available for several months and that it will not cover even 50 percent of the cost of dredging Ettalong Channel. “In light of this, we are calling on the State Government to provide emergency funding in the short term to ensure Ettalong Channel remains open.
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$52 million to make Gosford great recommendations, in two reports now available for the community to view and comment on. Place Report 2 focuses on connecting the greatly expanded Gosford Hospital to the city across the rail corridor over the train station, while Place Report 3 focuses on linking the city to the waterfront parklands in the city’s south. “The Government Architect’s recommendations focus on connections between Gosford Hospital and Mann Street, as well as making the waterfront parklands a destination for visitors and the community,” Mr Roberts said.
From left: Taylor Martin MLC, Adam Crouch Member for Terrigal, Anthony Roberts NSW Planning Minister, Scot MacDonald Parliamentary Secretary for Planning and the Central Coast, Lee Shearer Coordinator General for the Central Coast, Michael Cassel CEO of the Central Coast Regional Development Corporation. MINISTER FOR PLANNING and Housing, Anthony Roberts, was in Gosford on 28th May to announce an investment of $52 million in funding for infrastructure and public space upgrades in Gosford City Centre. In a watershed moment for the Capital of the Central Coast, the funding will see well overdue work being done to upgrade the infrastructure and public domain, which will attract development, improve business opportunities and attract residents. “The time for Gosford to shine has finally arrived. After listening to the community, we have developed a multi-pronged, design-led delivery to ensure the Central Coast has a regional capital it can be proud of,” Mr Roberts said.
“Today’s announcement involves $42 million to upgrade this vital infrastructure in Gosford City Centre, plus $10m for public domain upgrades in Gosford City Centre. “That will include the creation of a significant regional playground as part of a major renewal of the parklands and streetscapes near the Gosford waterfront. “This funding is in addition to the $406m that has been invested by this Government on the hospital redevelopment, associated infrastructure and other city centre upgrades, further to the 300 Office of Finance and Services jobs we are bringing to the City.” In tandem with the funding, the NSW Government Architect released its next
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Gosford City SEPP In another milestone, and a highly significant one, Minister Roberts announced a new draft Gosford City State Environment Planning Policy (SEPP) to provide designled, streamlined, flexible and efficient statutory development controls. “The new State Planning Policy will be supported by a new development assessment and approvals framework and case management process,” Mr Roberts said. Special Infrastructure Contribution (SIC) “A Special Infrastructure Contribution (SIC) will also be applied to Gosford City Centre to enable the Department of Planning and Environment to collect contributions for revitalisation of infrastructure that supports growth as the program continues to roll out. “The proposal is that the overall amount to be collected will reduce from 4% of the value of development to 3%. “The reduction in contributions will encourage investment and is a big vote of confidence by the NSW Government in Gosford and a demonstration of our commitment to delivering a revitalised city centre. “The planning policy and the infrastructure contribution will align with the Government Architect’s recommendations to drive the continued renewal of Gosford City Centre.” The new planning framework will remain a stand-alone state policy until the Central Coast Council completes its comprehensive LEP. City of Gosford Design Advisory Panel Mr Roberts also unveiled the City of Gosford Design Advisory Panel, a body that brings together the highest calibre planning and design minds in the country to assess, advise and ensure design excellence of proposed developments in Gosford City Centre. The Panel comprises NSW Government Architect Peter Poulet, Coordinator General for the Central Coast Lee Shearer, NSW CONTINUED ON PAGE 18
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BUSINESS NEWS
June opening for Central Coast Lexus dealership
Central Coast Lexus dealership at Kangoo Road, Kariong nearing completion in late May THE WORTHINGTON PRESTIGE Group will open a new $6.5 million state-of-the-art Lexus dealership at Kangoo Road, Somersby (Kariong ) this month, giving Central Coast luxury car buyers their first ever opportunity to buy vehicles from one of the world’s leading luxury car brands. The 1,800sqm Lexus showroom overlooks the M1 Motorway Exit and will become a landmark for motorists heading into Gosford. Built to Lexus corporate specifications with extensive use of frameless glass, it will also include an automatic car wash that will be free for customer use, as well as an amazing guest experience that raises the bar for luxury brands on the Coast. Lexus is renowned for its exceptional sales and aftersales care with the Lexus Encore program. An example of this is complimentary pick up and drop off from the
Lexus owner’s home and the use of a Lexus while their vehicle is serviced. “We are excited to bring the Lexus brand to the Central Coast and we aim to create a very special experience for our customers,” said managing director and dealer principal Brad Worthington. “Our dealership customers will experience convenient and uncompromising service with friendly, highly trained sales and service staff.” Twenty staff will be employed at the dealership under general manager Chris Andrews, who brings 17 years’ prestige car sales experience to the role including 14 years with Sydney City Lexus and Lexus of Chatswood. Mr. Worthington said the introduction of Lexus to the Central Coast came at a time when the prestige and luxury motor vehicle market was growing.
“We are forecasting around 900 prestige and luxury vehicle sales locally this year,” he said. The Lexus model range extends across sedans, SUVs and self-charging hybridelectric vehicles. The opening of Lexus of Central Coast comes at a time when Lexus will introduce the seventh-generation Lexus ES, a luxury sedan that draws inspiration from the world class and recently released fifth generation Lexus LS flagship. Other dynamic models in the Lexus lineup include the all-new Lexus RX L sevenseat SUV, a diesel variant of the all-conquering LX four wheel drive, high performance F models such as the RC F and GS F and the multiple award winning LC 500 and LC 500h coupes. Late 2018 will also see the debut of the first compact crossover luxury SUV from Lexus, the UX.
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BUSINESS NEWS
Six Strings Brewing to expand
Chris Benson (left) and Ryan Harris (right) with Member for Robertson Lucy Wicks. ERINA CRAFT BREWING company Six Strings Brewing Company has ramped up their expansion plans following the news that the Turnbull Government will increase the amount brewers can claim back on their excise and extend the concessional draught beer excise rate to smaller kegs, typically used by craft brewers. Currently, draught beer sold in kegs exceeding 48 litres is taxed at lower rates compared with beer sold in smaller kegs.
This is unfair for smaller brewery businesses. Extending the concessional draught beer excise rates to kegs of 8 litres or more will level the playing field for craft brewers, which typically use smaller sized kegs, to distribute their beer to pubs, clubs and restaurants. Craft brewers and distillers will no longer pay additional tax, allowing them to compete on fairer terms with large beverage companies. “This is terrific news for the craft brewers like Six String Brewing Co in Erina and Block n’ Tackle in Kincumber Brewery who will benefit from the Turnbull Government’s continued support for Australian small businesses,” the Member for Robertson, Lucy Wicks said. “What this means is that craft brewers and distillers will be able to compete on a fairer playing field with large beverage companies.” Mrs Wicks said Chris Benson from Six String Brewing Company welcomes the change to excise rates, seeing it as recognition for independent
breweries as an emerging industry with different needs to the bigger beer companies. “As a small business, this tax cut will make our business more flexible with increased cash flow, allowing us to expand, employ more staff and invest in things such as larger tanks to increase the capacity of the brewery itself.” Mr Benson said. Six Strings Brewing produces a range of award winning beers and pioneered the resurgence in canned beer which had gone out of fashion years ago in favour of bottled beer. Mr Benson said that cans had proved to be a popular move with 80% of production in cans and 20% in small kegs. The Six Strings brand is now selling across the Central Coast, the NSW East Coast and into Victoria and Western Australia mostly to bottle shops. Now in their sixth year Six Strings Brewing Company is owned by Founders Chris Benson and Adam Klasterka and Brewer Ryan Harris. Mr Klasterka now lives on the NSW north coast and represents the company in that region.
a legacy that few others. A passionate and tireless advocate for the homeless and those at risk of homelessness on the Central Coast, he has earned the deep respect of all members of the community, including senior government officials and politicians from all parties. Coast Shelter President, Gavin Shepherd said, “Laurie has been a pioneer of best practice programs across Coast Shelter and he leaves a lasting legacy for those homeless and at risk of homelessness “His many contributions to Coast Shelter’s success are immeasurable. Through his compassionate heart and support, he has put smiles on many faces. His leadership has been extraordinary. Coast Shelter is grounded in the conviction that access to safe, decent affordable housing is a basic human right, and Laurie has carried the torch over his 25 years at the helm.” Operations Manager Shayne Silvers said, “his simple yet powerful philosophy that ‘everyone deserves to have a roof over their head’ has become Coast Shelter’s mantra and lies at the heart of our work. Central Coast Shelter is an organisation that is not afraid to take such bold positions at times to solve the housing crisis of the poorest and most vulnerable members of the Central Coast Community. Laurie Maher was elected a Councillor of Gosford City Council in 2004 under the
Central Coast First Party’s banner and was Mayor of Gosford from 2007 to 2012. During this time he proposed that both Gosford and Wyong Councils should amalgamate making them more effective in dealing with the needs of the region as a single operation. He was instrumental in Council undertaking studies in 2009 that resulted in the Gosford Challenge and became the Our City – Our Destiny masterplan aimed at Gosford becoming a world class waterfront regional city. He was awarded the Medal of the Order of Australia in 2010 for his hard work and commitment to improve affordable housing, employment, social inclusion and the economic sustainability of the Central Coast. A Rugby Union tragic he is Patron of the NSW Country Rugby Union having served as President for many years and Honorary Life Member of the NSW Waratahs. Laurie Maher came to the Central Coast in 1975 as Superintendent of Mount Penang Boys Home subsequently implementing many changes including a building programme aimed at improving the centre itself as well and the morale of the boys and staff. He retired in 1991. His contribution to the community of the Central Coast has been inestimable. Editor
Laurie Maher OAM retires The Central Coast’s best known community leader Laurie Maher OAM retires as CEO of Central Coast Shelter the organisation he founded in 1992 at the end of June leaving
CENTRAL COAST BUSINESS REVIEW JUNE 2018
BUSINESS NEWS
Central Coast Council appoints CEO
Gary Murphy CENTRAL COAST COUNCIL has announced the appointment of Gary Murphy as Chief Executive Officer commencing a five-year term on 2nd July. Mr Murphy will be the first CEO of Central Coast Council following the election of councillors in September last year. Mr Brian Glendenning has been Interim Chief Executive since late January following the resignation of Brian Bell due to health reasons. Mr Murphy comes to the Central Coast with thirty years’ experience in local government most recently with Lismore City Council where he has been General Manager for almost seven years. Mr Murphy started his career as a Graduate Engineer then Senior Engineer with Pietermaritzburg Municipality in South Africa subsequently moving to New Zealand and working with a major engineering consultant. He returned to local government as Operations Manager at Buller District Council and then Chief Executive for twelve years before taking up his position with Lismore City Council.
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Commenting on his time at Lismore City Council Lismore’s Mayor said that under Mr Murphy’s management Council has become a nationally recognised leader in waste management and recycling. He has implemented an innovative floating solar farm, set bold goals around self-generating 100% of our electricity from renewable sources by 2023; and delivered the Quad and art gallery, health precinct and the Lismore Prospectus to bring business to the City. Mr Murphy said “I’m excited to be joining the Central Coast Council at this time. The state government created this council and I believe they do not want to see it fail. We have been afforded the resources of a Coordinator General, the Government Architect as well as once in a generation grant funding. We must be smart and strategic about how we seize these opportunities. The Central Coast has amazing potential and I am looking forward to establishing constructive working relationships with business, government agencies, NGOs and community groups to help fulfil that potential.”. President of the Gosford / Erina & Coastal Chamber of Commerce and Industry, Rod Dever in welcoming Mr Murphy to the Central Coast said, “The Chamber is both pleased with and confident in the decision to appoint Gary Murphy to the role of CEO of Central Coast Council. We welcome Gary to our city and to the region and look forward working alongside him with the aim of continuing to build on the positive growth and economic development prospects for our city and surrounds”.
StHilliers’ Financial Services building tops-out
Adam Crouch, Member for Terrigal, Mark Dixon, St Hilliers Property Development & Investment Manager and Leon Walker, Property NSW Executive Director Major Projects Friday 25 May marked a milestone for property development and construction company St Hilliers with its 32 Mann Street development in Gosford reaching the highest point in the building of the structure with a Topping Out ceremony. When completed the NSW Department of Finance, Services and Innovation will be relocated from Sydney providing 300 local job opportunities. Commenting of the project Group General Manager St Hilliers. Dan Hinton, said, “We are proud to be a part of creating local jobs and developing the Gosford CBD as a key business hub located just one hour from Sydney.” “Progress is tracking well and on schedule with the NSW Department of Finance, Services and Innovation offices expected to be open in late 2018. While development and construction is our expertise, we also pride ourselves on ensuring the community is engaged from the onset of our projects. We have achieved this with the 32 Mann Street development and intend to continue to work with local businesses, residents and Council to ensure they remain part of the progress of the development of the remainder of this site,” he added. About 1,000 sqm of commercial office space on the ground floor will be available for lease to the private sector.
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BUSINESS NEWS
World-class mentor programme kicks off at Wyong High School
Wyong High School P-TECH students LOCAL BUSINESS LEADERS, Mars Food Australia, Sanitarium Health and Wellbeing and the University of Newcastle are joining together to support Year 10 students at Wyong High School in a mentoring program called P-TECH (Pathways in Technology). Facilitated by Skilling Australia Foundation and launched at the University of Newcastle with students, teachers and parents in attendance, P-TECH is designed to boost science, technology, engineering and mathematics (STEM) skills and improve employment outcomes for students. Following student excursions to Sanitarium and Mars Food Australia to learn more about the local industry and potential career opportunities available to them, 49 STEM students have signed up to participate in P-TECH Electives, Certificate III in Information Digital Media Technology and Food Science and Technology in 2018. Students will engage in group sessions and direct meetings with the Mars Food and Sanitarium mentors throughout the year. Together, they will delve into the technical interests of the students, explore skills and qualifications required post-school to support the students in their career ambition, and develop enterprise skills such as problem-solving, communication and time management. The Principal of Wyong High School, Rodney Hill, said P-TECH was a great way to connect local business with his students. “We have a rich STEM industry on the Central Coast and we’re delighted to collaborate with business and professionals to set up the future workforce in the local community.” Peter Crane, Research and Development Manager at Mars Food Australia said the program is a win-win situation for everyone involved: “We employ 320 outstanding people CENTRAL COAST BUSINESS REVIEW JUNE 2018
Wood Glen taking shape
at our manufacturing facility in Wyong and a program like this helps us to not only share our skills and insights with potential leaders of tomorrow, but to also learn from the students and harness their energy and passion.” The University of Newcastle’s Centre of Excellence and Equity in Higher Education Director Professor Penny Jane Burke said UON is a proud partner of P-TECH, and offers students bespoke and targeted STEM learning opportunities through programs delivered by CEEHE and on-campus experiences in food science at the Central Coast Campus at Ourimbah. “Recognising and nurturing aspiration and capability for higher learning, and linking learning to research and local industries are values which UON shares with P-TECH,” said CEEHE Director, Professor Penny Jane Burke. “UON recognises the important work of P-TECH in encouraging more Central Coast students to study STEM subjects at high school and university, and to consider careers in the growing local industries of food production and manufacturing and digital technology” For someone who had no interest in a career in an emerging technology, Year 9 Wyong High student, Marissa, did something of a backflip when she heard about P-TECH. “The P-TECH program is giving me a different perspective on my school work. I had no interest in P- TECH until I learnt what it was, and now I have a new idea about the direction I can go in when I finish school,” Marissa said. Wyong High is one of 14 schools nationally to participate in the P-TECH program in 2018, using modelling developed by IBM in the United States of America, and supported by the Federal Government of Australia.
Wood Glen Retirement Village. Photo taken late May RetireAustralia’s Wood Glen Retirement Village expansion project at Karalta Road, Erina is now well advanced with Stage 1 which comprises 11 architecturally designed 3-bedroom independent living villas now complete and with an additional 58 luxury apartments across two buildings now under construction and due for completion in 2019. The project represents an investment of $7 million. Wood Glen already has an established 83 two and three bedroom luxury independent living units developed some years ago as well as a 5-star resort style Lodge, with extensive services and facilities. RetireAustralia operates Glengara Retirement Village at Tumbi Umbi, Tarragal Glen Retirement Village at Erina and Forresters Beach Retirement Village at Forresters Beach which they acquire from the Glen Group in 2006. RetireAustralia will also invest around $7 million in developing 80 assisted living care apartments at Glengara later in 2018. In 2014 RetireAustralia was acquired by New Zealand based Infratil Limited and New Zealand Superannuation Fund both in a 50% ownership consortium managed by alternative asset manager, HRL Morrison & Co. Infrati Limited is listed on both the Australian and New Zealand stock exchanges.
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Sacred Valley of the Incas Imagine a landscape of sunset hues, rich earthy ochres, green fertile valleys and mountains that inspire graciousness, and you have found the Sacred By Lew Pulbrook Valley of the Incas in Peru. With a history and archaeology so rich that travellers come from all over the world to experience it, the Valley is largely unchanged and a truly authentic immersion into the everyday lives of the local Andean Indians. Be it to experience archaeology and ancient cultures, take unbeatable photographs or sample the most delicious local specialities, it is a delight to visit this region. The Sacred Valley of the Incas stretches between Cusco, once the capital of the Inca Empire, and the legendary Inca Ruins of Machu Picchu. It was once the fertile homeland of the Inca civilisation, and is comprised of many fascinating small towns and villages. Many visitors to this region have limited time and visit the city of Cusco and then head straight to Machu Picchu, unaware of the treasured experiences that lie between the two. The town of Pisac is a “must do” with its traditional market of beautiful weavings and handicrafts. On Sundays the villagers from high in the mountains come down to sell their produce. It is a colourful display. Driving up into the mountains of the Valley, it is easy to almost miss the unimposing sign to Moras. Here is a stunningly beautiful canyon filled with geometric salt pools. Set amongst spectacular mountain ranges, this tapestry of salt pans takes your breath away. It was arguably created even before the Inca Empire and the salt is still produced, packed and sold at the local markets. Flights to this region all land in Cusco, which has an altitude of 3,400m. To assist with acclimatisation, it is advisable to transfer directly to the Sacred Valley for a few nights, which is lower. By the time you have shopped at local markets, meandered along the Urubamba river and explored ancient ruins, you will be ready for your luxury train to take you to the quaint township of Aguas Calientes, from where you will explore the Machu Picchu citadel. By the time you return to Cuzco you will be free to experience the city avoiding many effects of the altitude. For more information about this region, or any of South America please contact Amigos Travel on 1300 264 467 or office@amigostravel.com.au
BUSINESS NEWS
Loyal IT Solutions celebrating 15 years
Michael and Julie Goodwin It is a well-known fact that most new businesses don’t survive their first two years and even less get past ten years. So when a business is able to celebrate 15 years it means that the owners are doing something right. It is usually hard work and persistence, and a commitment to customer service. So it is with Loyal IT Solutions, the business that Michael and Julie Goodwin started in their lounge room at home 15 years ago and today employs twelve people. Michael Goodwin had been working for an IT company on the Central Coast which subsequently sold out to a Sydney company. The arrangement with Michael didn’t work out and the same was the case for some of customers who found themselves not getting the service they were used to. There was an opportunity to set up a business servicing about fifteen clients which saw Loyal IT Solutions get started. But that was the easy bit, the Goodwin’s needed a new service vehicle and because this was a new business and they had no previous business experience no bank would lend them the money. The only alternative was taking out a Lo-Doc Loan through a local lender. The next few years were a struggle with cash flow as the business itself started off well and kept growing but needed two staff to service the growth. It was the usual balancing act between paying the wages and other costs while carrying book debts that are a necessary part of any service business. With the growth came the need to move out of home and into business premises. “Julie could see that we would need space and had been looking around for a while although I was too busy to notice,” said Michael. “She found this 2-storey office in Dwyer Street, Gosford with a fit-out for ten offices as she could see that we would be needing the space, and she was right,” he said. A few years ago the Loyal IT Solutions acquired a run-down building at 370 Mann
Street and with renovations have made it their new home as well as a base for Julie’s business, Julie’s Place downstairs. Loyal IT Solutions services businesses from Newcastle to Sydney and employs a staff of twelve people. General Manager Michael Trimblett who holds a Bachelor of Science in Information Technology and is a Microsoft Certified Professional joined Loyal IT in 2005 as Business Development Manager and four years ago was appointed GM. Meanwhile since becoming Australia’s first Masterchef Julie Goodwin has stepped back from the day to day operations but remains a Director and is still responsible for marketing and team building evens. Commenting on their journey Michael Goodwin says, “I am extremely proud of this business and what we have achieved. We have won many awards over the years, the most prestigious of which was the Gosford Chamber of Commerce 2014 and 2015 Excellence in Business Ethics Awards.” “I believe our success is due to the 10 point Code of Honour which we put in place right from the day we started and business and have stuck with all along,” says Mr Goodwin. Loyal IT Solutions Code of Honour • Loyalty • Team • Customer Satisfaction • Integrity • Commitment • Respect • Communication • Balance • Gratitude • Community
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BUSINESS BRIEFS
Matthew Wales re-elected Chamber President
Matthew Wales The Peninsula Chamber of Commerce has confirmed the re-election of long serving President Matthew Wales to head the organisation for another 12 months. “I am very proud to once again lead this organisation for the next 12 months. This is a very critical period for our local business community with a number of important matters that need to be addressed particularly leading up to the NSW State Election next March”, said Mr Wales. “The Chamber will continue to focus on finding a long term solution to the dredging of the Ettalong Channel which has vital business implications should the Palm Beach Ferry discontinue its services.” “We will also be taking a lead role with submissions to the soon to be released Consolidated LEP process which looks to
introduce Council wide standard planning controls and how these effect our town centres”. “The Chamber will also continue to push for State and Federal funding for our local roads including the $35M promised at the last State Election”, he said. “I am also pleased that last year’s Chamber Executive have also been reelected. We have a very dedicated group of business people who are very passionate about their community and I look forward to working with them again this coming year”. Peninsula Chamber of Commerce Executive and Directors for 2018-19 Matthew Wales – Wales & Associates (President) Sue Fowler (Vice President) Katie Smith - Katie Smith Solicitors (Secretary) Alan Gleeson (Treasurer) Tom Tregent – Raine & Horne Umina (Director) Larry Altavilla – Ettalong Markets (Director) Josh Collins (Director) Wayne Dowdle – Clarke Dowdle Surveyors (Director) Erica Mitchell – Southern Cross Austereo (Director) Maddie Stephenson – Stephensons Real Estate (Director) Bill Jackson – Ettalong Diggers (Director) Andrew Tregent – Raine & Horne Ettalong (Director)
Rhonda’s Terrigal now modern Italian
Richard Wagemaker (front left) Ty Van Emden and Scott Bayley After three years as one of the Central Coast’s best known premier bar and dining venues, Rhonda’s Bar & Restaurant in Terrigal has relaunched with a fresh new look and menu following a speedy renovation. Now with a slight name change to Rhonda’s co-founders Ty Van Emden and Scott Bayley and operational partner and head chef, Richard Wagemaker have introduced a premium Italian dining experience with wood fired pizza, pasta and cocktails and an open roof seating space. Commenting on the changes Mr Van Emden said, “Our success at Rhonda’s over the last three years has been incredible, but as owners, we have developed and we want the venue to develop with us. We observed that a venue like the new and improved Rhonda’s was missing from the Central Coast region and we wanted to fill this void. “We previously operated into the late night, later than every other venue in the CONTINUED ON PAGE 21
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G O S F O R D R E V I TA L I S AT I O N R E P O R T
The Urban Design and Implementation Framework (UDIF) for Gosford City THE GOVERNMENT ARCHITECT says great places and cities don’t happen by chance. They are designed and continue to be designed to manage their transformation over time. The need for a UDIF has arisen from the growing consensus that a vision needs a framework for implementation. The implementation of strategies and recommendations will enable the urban design outcomes to be delivered. The Urban Design and Implementation Framework (UDIF) will help to shape the continued development and renewal of the Gosford City Centre and support implementation of the Central Coast Regional Plan 2036 vision for Gosford. The current situation There have been several ad hoc responses to support revitalisation in the city centre including sporadic development of new buildings, largely in the residential market
Aerial photograph of Gosford City (25 May 2018) concentrated around the fringe of the city centre itself. There remains a run-down appearance in the buildings and vacant
shops, with poor quality public domain and way finding, poor pedestrian amenity and poor connectivity with surrounding areas.
The UDIF report The UDIF has identified a different approach to the revitalisation of Gosford City Centre, one that takes a place-based approach. It prioritises and focuses interventions spatially and in terms of implementation and deliverability, with potential catalytic impact. This approach focuses on key public places where there is existing momentum in terms of public and private sector investment, prioritising public focused initiatives in the overall city centre renewal. The UDIF will provide a series of recommendations regarding the design of places and spaces to support delivery of the vision for Gosford City Centre. It will also provide recommendations relating to governance, infrastructure and other
matters that will be critical to the ongoing urban renewal and quality outcomes for Gosford. By providing an integrated design approach, we can collaboratively create the framework for the delivery of great places, spaces and buildings that attract and retain residents, jobs, tourists, and further investment. The UDIF is a design-led methodology, balancing multiple and sometimes competing agendas. It is for all agencies, levels of government, industry and the community to plug in to for action. It builds on the vision of the regional plan, which has consensus. We need to synthesise and ensure action starts now to deliver tangible outcomes for the community.
The UDIF proposes an urban logic to assist with decision making and outlining recommendations. It provides an implementation plan to guide rejuvenation, growth and foster good design and a high quality public realm. The three places which the UDIF will plan in the most detail are: • City Centre heart: Kibble park and The Civic Heart. • City Centre north: the health and education precinct • City Centre south: the waterfront • The Government Architect has issued a Place Report for each.
City Centre Middle: Kibble Park - The Civic Heart Minister Roberts announced the first stage of the Gosford Revitalisation Plan in late April along with the Government Architect’s Place Report 1 – The Civic Heart. The Report says that capitalising on government and private sector investment in Gosford will strengthen its role as the regional capital and benefit current and future residents of the entire Central Coast. The potential of Gosford The city of Gosford has enormous potential.
The structure of the city has all the ingredients to be a successful regional capital. The reality on the ground is not as favourable. Public investment is needed to change the reality of Gosford. Role of Gosford Gosford’s role extends beyond the immediate towards a local, regional and state context. Its role as a regional capital brings with it aspirations, including: • Civic and Cultural role as the heart of city
• •
• •
centre with the provision of services for a regional city providing employment and residential Prominent commercial core functions – professional services, civic services (such as banks, police, court house, government agencies, Council, or regional library facilities) Consolidation of government and professional services Accessible city that is the focus of efficient movement of networks
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UDIA welcomes plans to revitalise Gosford The state’s leading development industry body, the Urban Development Institute of Australia NSW (UDIA NSW), has welcomed the NSW Government’s announcement that more resources will be targeted to the revitalisation of Gosford. “The NSW Government has prioritised the revitalisation of Gosford as the capital city of the Central Coast, and the Minister for Planning has been a strong leader in driving that progress,” said UDIA NSW Central Coast Chapter Chair, Caine King. UDIA NSW believes that realising the potential of the Central Coast for jobs, housing and lifestyle requires a coordinated approach. To that end, the development community has supported the Government’s steps to date, namely: the appointment of Lee Shearer as the Coordinator General; the use of the Government Architect to articulate a vision for the city of Gosford; and the appointment of Michael Cassel as CEO of the Central Coast Regional Development Corporation. “Growth requires confidence and clarity,” said Mr. King. “The people of the Central Coast want a vibrant capital city that will lift the whole region. The Government’s
commitment to Gosford, which we’ve seen by the appointments of Lee Shearer and Michael Cassel, and now with the proposed new development rules, is inspiring private sector investment in Gosford. UDIA NSW looks forward to understanding the details of the proposed State Environmental Planning Policy for Gosford, and working with Government to get it right.” Mr Caine observed that “the new rules can provide more clarity and certainty for developers. They would also add an extra layer of design excellence to the review process, which developers welcome, and which would give the community confidence that we’ll strike the right balance in development.” UDIA NSW noted the critical importance of delivering infrastructure to support growth in the region, and is pleased that the Government has committed to addressing Gosford’s infrastructure needs. “Gosford and the Central Coast have some infrastructure problems to solve,” Mr. King said. “We have to ensure we have water, sewer, power and roads in the right places to support the development we want. And we really need to lift our game on public transport and connectivity. UDIA NSW looks forward to working with Government to solve these issues.”
Minister’s announcement welcomed by Gosford Chamber of Commerce Rod Dever, President of the Gosford/Erina and Coastal Chamber of Commerce welcomed the announcement by Minister Roberts. “Taking the focus on the City Core and putting steps in place to get action sooner is important. The opportunity for developers to obtain additional height and scale will come down to their plans offering design excellence to enhance our city and its street appeal” said Mr Dever. “The inclusion of a design panel for pre assessment and recommendations of projects is certainly a positive step forward and very much welcomed.” he said. “All this can happen whilst our new Central Coast Council works on a development plan which is in keeping with the intent of progress and meets the standards desired by the Department and the community as a whole.”
ED GAR ADAMS COMMEN T Recalcitrant Council gets the flick MONDAY 28TH MAY 2018 must go down in history as the day the State Government set Gosford City up to be the Capital of the Central Coast. At 10.00am the Mayor of the recalcitrant Central Coast Council was given the message that the Minister for Planning and Environment, Anthony Roberts, was fed up with their obstinacy and he was excising Gosford City from the planning controls. At 12.00pm Minister Roberts announced that the Government would bring the City under the control of the Gosford City SEPP. The Revitalisation of Gosford City initially announced by the Minister in Kibble Park Gosford a month earlier on the 9th April is now underway. The Minister backed this up with a $52 million funding commitment for infrastructure and to upgrade Kibble Park and Leagues Club Park as well as address the parking, traffic flow and access issues around the City. Over the years there have been many investors who have looked seriously at Gosford and come up with some very ambitious plans because they could see the potential in the place. On every occasion Gosford Council insulted them and turned them away. CENTRAL COAST BUSINESS REVIEW JUNE 2018
Unfortunately our new amalgamated council has turned out to be a reincarnation of the former Gosford Council. But for Gosford City that is now water under the bridge and now it’s all systems go. Of course all this didn’t just happen. Gosford City is already on the move thanks to the three year window of the McKinna / Anderson led Gosford Council. Right now there are 12 cranes in Gosford all thanks to that Council and until now the momentum was building. All that good work has been put at risk by a Labor / Green dominated council more interested in politics than the good of our region. The good news started with the appointment of Anthony Roberts as Planning and Environment Minister in January 2017 who saw the need to appoint Lee Shearer as Coordinator General to oversee the implementation of the Central Coast Growth in April, three months later. Ms Shearer deserves the credit for putting together a team headed by Greg Sullivan at the Department of Planning, all focussed and committed to getting the job done. The next step was the appointment of Michael Cassel as CEO of the Central Coast Regional Development Corporation, and the person who heads up the highly
successful Newcastle Revitalisation project, to drive the Revitalisation of Gosford. And it has all been done in just one year! Of course we must never forget that all this required the support of the State Government from the Premier down. No other government in history has ever been that interested. Edgar Adams Editor
Minister announces plan for Gosford Revitalisation CONTINUED FROM PAGE 9
Chief Planner Gary White and two additional panel members drawn from an established group of practitioners. The Department of Planning and Environment – in close collaboration with Central Coast Council, Roads and Maritime Services and Transport for NSW – has also formed a Traffic and Parking Subcommittee to tackle the issue of car parking in Gosford City Centre.
G O S F O R D R E V I TA L I S AT I O N R E P O R T
Artist’s impression of Leagues Club Park Gosford KIBBLE PARK – Is a place in Gosford, identified consistently by the community as the heart of the city. Geographically it is in the centre of Gosford located adjacent to Mann St connected through William St Plaza and it is close to Gosford Station. As the only significant open space in the centre, the area has the potential to operate at a scale that can make it a regional destination. It is a central meeting place that brings the character of the bushland reserves into the heart of the city. The park has a significant amount of public and private development commencing around it bringing, residents and new commercial space. Many important regional functions are focusing on this civic heart, including the new regional library, local courts and government services. Significant private developments are also underway in this place, including Bonython Tower under construction, the Imperial Centre development, and other investments along Mann Street. It is also adjacent to the main regional shopping facility of the Imperial Centre. By concentrating investment in this place, there is the possibility to create both a moment of green relief and a place of civic and commercial intensity in the heart of the city. City North – Health and Education Precinct City North is seen as an area of opportunity for Gosford. Health and education uses can form the basis for an innovation district and make the most of the Government’s investment in the hospital to revitalise the City.
Gosford Hospital development in the City North is a major investment in the future of Gosford, and will be a catalyst for investment in the regional capital. Connecting the hospital back into the city is key to enable Gosford to build on this investment and promote the co-location of a range of associated uses to revitalise the area. A range of important regional services, including education and health facilities, are located to the north of Gosford’s civic heart and station, as well as significant open space and recreational assets. Although within walking distance, they are poorly connected with the centre due to the barrier of the railway corridor and the less developed pedestrian environment of the streets. With improved connections, the City North is an area of great opportunity for Gosford. The varied lot size will support a range of development types and a diversity of uses, with public and private investment and support for quality public domain outcomes, it is possible to create a place with a distinct identity in Gosford. The City North can build on existing education assets by investigating the potential for an expansion of TAFE, and increased university presence associated with the hospital, the Central Coast Medical School and Medical Research Institute. City North has the potential to support a diverse range of development and housing. The area can also support the growth of a range of housing types suited to an increase in population generally and more specifically to the health sector workforce. The potential growth of student housing, as well as new models of aged living can bring
a diverse population to the City North area. However, the City North area presents four challenges: which include the rail corridor, the station, the inward focus of the hospital and its separation from Mann Street, lack of connectivity to the civic heart of the city and poor public domain. City South - Leagues Club field and water edge This report specifically does not address or examine Gosford’s waterfront. Focus in the short term should be on where investment and change is occurring in the city and where building momentum for improvements can be supported and implemented efficiently and effectively. Once the Civic Centre is revitalised; the hospital is completed and better connected to the city; Mann St is improved; and the investment in jobs and growth in the south is leveraged; collectively government and key stakeholders will be in a better position to examine what the Waterfront needs to be to best support the City and the region. While there has been focus on the waterfront in previous documents and clearly evident as a concern in ongoing community consultation, there are complex and interrelated issues and opportunities that need to be explored in greater detail than possible in the scope of work defined for this UDIF. The Waterfront is important to the City, the region, the people and the place. It has the capacity to be a regional attractor. Previous plans and visions have failed to deliver a publicly desirable, economically viable and implementable outcome for the waterfront.
Place Reports 2 and 3 and a Consultation Paper on the Gosford City SEPP and SIC are available at http://www.planning.nsw.gov.au/Plans-for-your-area/Regional-Plans/Central-Coast
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Gosford City SEPP essential for revitalisation Minister Roberts’ May 28th announcement on the revitalisation of Gosford City follows considerable community consultation on Gosford City’s future. It shows the Government’s commitment to the Central Coast Regional Plan 2036 which identifies Gosford as the Capital of the Central Coast. Furthermore it backs up the State and Federal Government’s recent investments in Gosford: • Gosford Hospital redevelopment $380 million, • $20 million towards a $50 million Medical School and Medical Research Institute, • Relocation of the Department of Financial Services with 300 jobs in a building now under construction in Gosford, and • Australian Taxation Office new building with 600 staff. Add to this a further $52 million just announced for infrastructure investment. Minister Roberts announced in April the first stage of the Gosford Revitalisation with The Civic Heart Place Report that focussed on Kibble Park and surrounds and, significantly, set the scene for the Revitalisation by also announcing the appointment of Michael Cassel as CEO of the Central Coast Regional Development Corporation (CCRDC) which will be repurposed to sup-
port delivery of Gosford City Centre’s renewal. (Mr Cassel is CEO of the successful Revitalise Newcastle project). This left one part of the jigsaw puzzle to be put in place. The means by which these plans could not be derailed. The Government recognised that over the last 30 years the planning controls and initiatives put in place to stimulate growth in Gosford City Centre have not led to a revitalised Gosford. The creation of the Gosford SEPP provides design-led, streamlined, flexible and efficient development controls to drive the continued renewal of Gosford City Centre to align with Gosford City Centre boundary the Government Architect recThe new draft Gosford City SEPP will ommendations. provide design-led, streamlined, flexible What this means for property developers and efficient development controls to drive and investors is that the SEPP will provide the continued renewal of Gosford City greater clarity when considering Gosford as Centre to best align with the Government an option. Architect’s recommendations. The Minister said that the new planning A Special Infrastructure Contribution (SIC) framework will remain a stand-alone state will also be applied to Gosford City Centre policy until the Central Coast Council comto collect contributions for revitalisation pletes its comprehensive LEP. of infrastructure that incentivises developCCBR understands that this could take ment to support growth as the program at least two years with the present council continues to roll out. environment.
Design excellence to be the focus for DA’s The recommendations of the NSW Government Architect will guide development proposals in the city centre by forming part of the heads of consideration for Development Applications. New provisions are proposed to simplify access to increased height and FSR when specified site requirements are met and when enhanced design excellence processes are met. Where increased heights are possible, these will respect the topographical character of the city centre, with building heights following the visual ridge lines of Rumbalara Reserve and Presidents Hill. The new provisions have been framed to avoid the loss of existing entitlements, while clarifying the parameters by which existing height and FSR standards can be exceeded. For smaller sites, FSR controls will be simplified whilst maintaining existing height controls. The presentation of the height of building and floor space ratio maps has been altered, by excluding local roads, to provide clear and transparent planning controls. CENTRAL COAST BUSINESS REVIEW JUNE 2018
Current planning provisions to be reviewed The Planning Department says current planning provisions for Gosford City Centre are complex and are being reviewed to provide greater certainty to investors regarding potential outcomes for land in the City Centre. Current development standards seek to encourage amalgamation of smaller lots to achieve the efficient development of land and design of buildings (Clause 8.4 in the Gosford LEP 2014). A review of opportunity sites and amalgamation opportunities indicates some sites in Gosford City Centre are unlikely to be able to be amalgamated. City of Gosford Design Advisory Panel The Minister also unveiled the City of Gosford Design Advisory Panel, a body that brings together the highest calibre planning and design minds in the country to assess, advise and ensure design excellence of proposed developments in Gosford City Centre.
The Panel comprises NSW Government Architect Peter Poulet, Coordinator General for the Central Coast Lee Shearer, NSW Chief Planner Gary White and two additional panel members drawn from an established group of practitioners.
City of Gosford Design Advisory Panel The Minister has also unveiled the City of Gosford Design Advisory Panel, a body that brings together the highest calibre planning and design minds in the country to assess, advise and ensure design excellence of proposed developments in Gosford City Centre. The Panel comprises NSW Government Architect Peter Poulet, Coordinator General for the Central Coast Lee Shearer, NSW Chief Planner Gary White and two additional panel members drawn from an established group of practitioners.
BUSINESS BRIEFS
CONTINUED FROM PAGE 16
area and although successful and enjoyable for many, these trading hours pigeonholed us. We have decided to realign and concentrate on our strengths which are our incredible food and drinks, great music and a modern and fresh atmosphere.”
Tricia Cotterell appointed to the Board of the Association of Independent Schools NSW
TK Maxx opens at Westfield Tuggerah
Tricia Cotterell. Retail giant TK Maxx has opened a 2,000sqm store at Westfileld Tuggerah. TK Maxx is an off-price retailer that sells a huge assortment of big names, top brands, up-and-coming labels, high quality fashions and one-off gems at a great discount to the price in a department store or on the high street. Opportunistic buying and a no frills operation means TK Maxx can pass significant savings onto customers, every day. The Tuggerah store will employ around fifty staff. TK Maxx operates over 540 stores across seven countries - the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, including 42 stores in Australia. Owned by the US clothing giant TJX TK Maxx entered the Australian market in 2015 buying retailer Trade Secret which operated 35 stores nationally and is converting them to the TK Maxx brand.
Central Coast business woman Tricia Cotterell has been appointed to the board of peak independent school body, the Association of Independent Schools (AIS) NSW. This high-profile appointment sees Tricia, who is a Director at accounting firm Fortunity and Treasurer on the school board at Central Coast Grammar School, join a small group of select representatives to oversee the governance of the AIS. The AIS is a non-profit organisation that supports independent schools to provide the best possible educational environment and outcomes for their students, providing advice on governance standards, workplace management and multi-enterprise agreements, child protection policies, professional learning and teacher accreditation. It is a highly respected partner in the provision of school education in NSW, working very closely with the Department of Education and Training and representing the interests of independent schooling with both the
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State and Commonwealth Government. With over two decades of experience in the financial sector, Tricia is expertly qualified to take on this new role with the AIS. Her experience is complemented by extensive qualifications including: Bachelor of Commerce, Masters of Business Administration, and Diploma of Financial Planning. She is also a member of Chartered Accountants Australia & New Zealand. In 2017, she joined the Central Coast Grammar school board and has since been appointed their Treasurer, working with other members of the board and executive team to ensure the continued financial sustainability of the school. Tricia’s appointment to the AIS is a significant accomplishment and is recognition of her professional acumen, experience and the valuable contribution she has already made in the education sector. A Central Coast Grammar School board member being selected to the board of the peak independent school body is also a testament to the strong standing of the school within the education community in NSW.
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A CENTRAL COAST BUSINESS FOR CENTRAL COAST BUSINESSES
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B U S I N E S S T E C H N O LO G Y F E AT U R E
Small business technology trends TECHNOLOGY CONTINUES TO revolutionise small business, and for those ready to embrace the opportunity, 2018 promises to be an exciting year. So what are the top technology trends your small business needs to know about? To help make sense of the fast changing landscape, Xero asked some of their innovative app partners – all leaders in the small business technology industry – to give them their predictions for the year ahead. Facebook advertising costs will rise, along with the need to personalise customer experience. Facebook advertising costs will go up. More SMBs want to use it, and ad space is limited, which means rising costs Small businesses will need to secure their information in case of disaster. From data breaches to natural disasters, 2017 showed us just how important data security is. According to Nelson Da Silva, Chief Revenue Officer at Receipt Bank, small businesses need to take steps to secure their information in case of disaster and this is where accountants and bookkeepers can play a key role. “This starts with moving your books to a secure cloud platform such as Xero and Receipt Bank, Nelson said. “This enables you to easily maintain your audit records by
C ELEBRATING
15
Years
snapping your receipts and invoices with an app. It also includes adding 2-step verification to your email accounts and using a password manager to generate and store secure passwords.” Open Banking will become a powerful way for businesses to get paid Open banking will usher in a new era for bank-to-bank payments, making it the most powerful way for small businesses to get paid. “Until now, banks have been the sole owners of financial data like account balance or payment history, Duncan says. “With Open Banking, small businesses will be able to tell their banks to share relevant data with app providers like GoCardless, allowing us to make payments that are ‘smarter’ (e.g. could be triggered when money is in your customer’s account), faster, more secure and less likely to fail. And for small businesses, that will mean better cash flow and less time chasing payments.” Big data will become truly accessible to small business In 2018, we will see ‘big data’ moving from being the preserve of the big businesses and corporates to truly being accessible to small business owners and advisors everywhere according to Richard
Francis, CEO at Spotlight Reporting. “Xero reports provide one layer of insight already, but the Xero API has By David Evers, Director, Robson been a gamePartners Chartered Accountants changer that allows the likes of Spotlight Reporting to empower accountants and CFO’s to give reports, forecasts and more to business owners globally. The extent and quality of data is growing fast whilst unit costs are falling – this is ‘democratising’ access and putting it in reach of all businesses in an affordable and easy-to-consume way,” he said. Data = gold. We are at a turning point, where data is the most important asset to an SMB. Some of the biggest trends in technology including big data, artificial intelligence, machine learning and moving to the cloud, will come together to see the accounting industry go through a period of rapid change. This is a reduced extract from an online article Predictions for small business technology in 2018 from Xero app partners.
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LOYAL. CENTRAL COAST BUSINESS REVIEW JUNE 2018
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PROPERT Y
COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE
FOR SALE SOMERSBY - LAND OPPORTUNITY
WYONG
2000m2 cleared lot with access directly off Somersby Falls Rd. All services are available including gas nearby. The B5 zoning allows for light industries, w/ housing, distribution, child care, bulky goods & more. FOR SALE $700,000 + GST
WOY WOY - COMBINED RESIDENTIAL INVESTMENT
FOR LEASE
PROPERTY OF THE MONTH
Dual income - commercial kitchen approx 63m2 + concrete hardstand approx 88m2. Current lease expires May 2019 with 3 year option. Adjoining is a 3 bedroom house situated on a parcel of land approx 477m2. FOR SALE $799,000 No GST Going Concern
PRICE REDUCED FOR QUICK SALE!!!
144m2 approx quality tilt panel industrial unit. IN1 zoning. Front unit with easy delivery access & exposure to the street. This is by far the best valued established unit in today’s market. FOR SALE $350,000 + GST
WOY WOY - FREESTANDING COMMERCIAL INVESTMENT
TUGGERAH - ONLY NEED A SMALL OFFICE? WHY?
15m2 approx near new suite in the Mariners Centre Of Excellence! Would suit 2 - 3 staff members. Beautiful amenities, large presentation room + breakout area. FOR SALE $110,000 + GST/ FOR LEASE $10,000 Gross PA + GST.
TUGGERAH - EVERYTHING YOU HAVE BEEN WAITING FOR!!
High clearance, high quality factory units constructed of full pre-cast concrete & steel with plenty of parking in the complex & excellent access & truck turning circles. Price list & plans available NOW! FOR SALE FROM $280,800 + GST.
Showroom Warehouse approx 300m2 in great facility. Parking at front with access & secure parking at rear. Reception area, offices, mezzanine, 3 phase power & high roller door to warehouse. FOR LEASE $48,000 Nett PA + GST
TUGGERAH - PROFESSIONAL OFFICE IN PREMIER BUSINESS ESTATE!
COMMERCIAL/
Currently operating as a general store, lease exp 1/09/19 with 5 year option. Land size 504m2 with 164m2 building (approx). Potential to develop & earn extra income. FOR SALE $650,000 (No GST - Going Concern)
WEST GOSFORD - PRIME EXPOSURE
WYONG - BRAND NEW INDUSTRIAL UNIT
Constructed of full pre-cast concrete. Approx 196m2. Zoned IN1 General Industrial. High clearance & auto roller door access. FOR SALE $431,200 + GST
GOSFORD- AFFORDABLE OFFICE SPACE
Approx 410m2 with 12 offices & beautiful fit-out (+ compactus), boardroom, reception, kitchen & balcony + massive “open plan” area & 2x extra-large offices. FOR LEASE $135,300 Nett PA + GST.
WEST GOSFORD - MAIN RD EXPOSURE!!!
Showroom/factory & office with floor area of 704.9m2 approx. Lots of onsite parking. Functional work space & 2 separate roller doors with vehicle access. FOR LEASE $87,000 Nett PA + GST
ERINA - SHOWROOM & STORAGE YARD
320m2 showroom with office, roller door & additional mezzanine/storage area with an external storage yard. Battleaxe designed development with signage exposure to Central Coast Hwy. FOR LEASE $40,000 Gross PA + GST
Located on the 1st at the rear of the building offering privacy & natural light. Floor area 23m2 Approx. Security building with share kitchen & amenities. NBN connected. Walking distance to the bus & train station. FOR SALE $110,000 + GST
ERINA - MAIN ROAD EXPOSURE
GOSFORD - FREEHOLD BUILDING WITH ATTACHED LAND
CHARMHAVEN
This building has 8 retail shops on street level that are fully leased & above is a well presented office. Total Net lettable area of 657m2 & the total land size is 1310m2. Investment Analysis offers many benefits to an astute investor. EXPRESSION OF INTEREST-Closing 19th July
Visit our website for additional properties and more information centralcoast.ljhcommercial.com.au
Retail space fitted out as butcher with a large cool room. Rear loading dock & floor area of 112m2. Main Rd signage, Ample customer & Staff parking. FOR LEASE $65,000 Gross PA + GST Inc Outgoings Rare opportunity not to be missed. 178m2 high clearance factory with separate office & 150m2 external rear compound. Secure concrete hardstand & ample customer car parking. FOR LEASE $700 Gross PW + GST
Suite 401 / 1 Bryant Drive, Tuggerah NSW 2259 87 Mann Street, Gosford NSW 2250
Phone 4353 7700
• Outdoor & Building Signs • A-Frames, Banners & Flags • Vehicle Graphics & Magnets • Indoor & Exhibition Signs
Bann ers
• Full Colour Digital Printing • Lasercut Letters • Boat & Trailer Graphics
AUCTION
AUCTION
Astute Freehold Industrial Investment
Freehold Tenanted Industrial Investment
23 Awaba Street, Lisarow
Lease until 2024 with 2 x 5 year options $265,000 per annum net + GST Strong Tenure Industrial Land - 7196m2
Brad Rogers 0459 921 122
13 Kerta Road, Kincumber
Four (4) industrial factory units in one line Multiple tenants in place 1,619m2 approx. land area Dual street access
Ben Purdue 0450 719 600
le Vehic
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• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers • Safety & Real Estate Signs
3D Signs
Mon - Fri: 8.30am - 5pm
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Local Knowledge & National Strength CENTRAL COAST BUSINESS REVIEW JUNE 2018
FREE QUOTE
Unit 16/10 Pioneer Ave, Tuggerah Business Park
PROPERT Y
Gosford ATO building sold on 6.9% yield
Up and Coming Auction 3/5 Joule Place Tuggerah Owners are looking for an immediate result for this centrally located quality industrial unit with a below replacement cost office fit-out, consisting a welcoming reception area, boardroom, kitchenette amenities on the ground floor, 5 separate offices on mezzanine level with ducted air-con throughout. Externally the commercial style glass front lets in plenty of natural flowing light and a high roller door that opens into a storage room approx. 25m2. This space is only approx. 4 km from the M1 Pacific Motorway allowing for convenient commute to both Sydney and Newcastle.
• The City of Brisbane Investment Corporation, Brisbane City Council’s future fund , has purchased the Australian Tax Office building in Gosford for $43.5 million. • The building comprises 7,380 floor area with 91 secure car spaces on a 4.3 hectare site • The purchase of the A-Grade building on the corner of Georgiana Terrace and Mann Street from Canberra-based developer Doma Group, closed on a
6.9 per cent yield. • The Australian Tax Office is currently moving into the building having signed a 10-year lease in 2017. • Weighted Average Lease Expiry (WALE) is 10 years by income. Net passing income is $3,029,125 pa • The property garnered strong buyer interest due to the long-term government tenancy. • The property was marketed by Colliers International.
OFFICE SUITES FOR LEASE
A must to inspect, as opportunities don’t come along like this in this market place to often Contact Daniel Mason 0403 889 530 Chris Watson 0402 430 213 Mark Davies 0422 442 858
4325 0208 83 MANN STREET, GOSFORD 2250 www.chapmanfrazer.com.au
With option to buy!
4 Baker St Gosford 260m2 available - 130m² upstairs and 130m² downstairs - Best value office space in town - Convenient CBD location - Rent negotiable - Lease both or either upstairs or downstairs - 6 car spaces on site - Very tidy existing fitout with ducted air con & carpet - Separate kitchenette upstairs and downstairs, with male/female toilets - Flexible lease terms available - NBN ready
For further details please contact Owner, Sam 0408 432 999
LOCATION PLUS
GREAT EXPOSURE IS THE KEY! 133 THE ENTRANCE ROAD, THE ENTRANCE
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
Positioned in arguably the most sought after location in The Entrance, loads of passing traffic, directly opposite The Entrance Park and main tourism hub/traffic area. Approx. 400sqm of space with off street parking. Features full glass display area already set up for retail. Other usage options available (STCA). Possible division into 2x200sqm shops. All options negotiable lease terms and rental! Ph: Scott Bennett - 4332 2555 or 0418 419 950
For further details please contact Julie Davies on 4355 5111 CENTRAL COAST BUSINESS REVIEW JUNE 2018
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PROPERT Y NEWS
SALES Developer pays $145 sqm for Warnervale industrial site A local developer has paid $795,000 plus GST - $145 per sqm - for Lot 3, 1 Burnet Road, Warnervale. The 5,483 sqm level lot is one of the last remaining vacant sites in the Warnervale Industrial Area. Bernie Nash from LJ Hooker Commercial Central Coast negotiated the sale. $203 sqm for North Wyong industrial site A local business owner has paid $249,000 plus GST ($203 per sqm) for Lots 19 and 20 Amsterdam Circuit, Wyong of 1,226 sqm. Bernie Nash from LJ Hooker Central Coast negotiated the sale. Somersby land goes for $341 sqm A local buyer has paid $685,000 plus GST ($341 per sqm) for a 2,010 sqm lot at 41 Somersby Falls Road, Somersby with a street frontage of 29.73 metres. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale Off the plan sale for Tuggerah warehouse unit A building company has paid $280,800 plus GSTS for a 117 sqm factory unit part of a complex of 31 units now under construction at 12 Pioneer Avenue, Tuggerah Business Park. Completion date for the development is September 2018. The sale was negotiated by Ty Blanch from L J Hooker Commercial Central Coast which is the marketing agent for the project.
Place, Somersby and will use it for warehousing and distribution. The unit is part of a 12 unit complex recently completed and comprises 120sqm ground floor area with amenities plus 20 sqm storage mezzanine and concreted and fenced courtyard of 39 sqm at the rear. This unit also has exclusive access to a side easement.
area is 3 years with 3 year option at a rental of $38,000 per annum OOOOOOOOOOOO Karen Aubrey from L J Hooker Central Coast negotiated the lease. Church leases in Tuggerah Business Park The Impact Church has leased Units 2, 3 and 4a at 8 Pioneer Avenue, Tuggerah Business Park making up a total of 539 sqm. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the lease.
LEASINGS Bathroom Warehouse relocates at West Gosford Bathroom Warehouse Gosford Pty Ltd has leased Unit 1 at 2-4 Stockyard Place, West Gosford relocating from Units 5 and 6 adjacent. Unit 1 comprises 475sqm plus 125sqm mezzanine area on the corner of Manns Road and Stockyard Place. Terms of lease are 3 years with 3 year option at a rental of $71,000 per annum including Outgoings plus GST. The lease was negotiated by Dan Mason from Chapman & Frazer Real Estate. Somersby warehouse leased An audio visual entertainment company has leased Unit 5, 80 Somersby Falls Road, Somersby. Terms of lease for the 365 sqm warehouse unit including 80 sqm of mezzanine
Joinery business leases at Wyong Woodstock Carpentry and Maintenance has leased Unit 1, a 168 sqm industrial unit with enclosed mezzanine air-conditioned office and reception at 12 Donaldson Street, Wyong. Terms of lease are 3 years with no option at a rental of $22,400 per annum plus Outgoings and GST. Mark Davies from Chapman & Frazer Real Estate negotiated the lease. Lawyer leases Gosford shopfront Law firm, Intercept Law Pty Limited has leased a 94.2 sqm ground floor office space at 114 Erina Street, Gosford, next door to Australia Post. Terms of lease are 3 years with 3 year option at a rental of $18,800 per annum including Outgoings plus GST. Chris Watson from Chapman & Frazer Real Estate negotiated the lease.
Former Umina bank leased
Solicitor buys in Tuggerah Business Park A solicitor has bought Unit 5, 5 Colony Close, Tuggerah Business Park paying $600,000 plus GST. The unit size is 282 sqm and price includes quality fit-out. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale. Owner occupier buys Kincumber unit An owner occupier has paid $610,000 plus GST for a 155sqm warehouse unit with additional mezzanine area for Unit 11, 11-13 Cochrone Street, Kincumber. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale. Owner occupier for Somersby unit An owner occupier has purchased Unit 12, a 140sqm warehouse unit at 10 Sailfind CENTRAL COAST BUSINESS REVIEW JUNE 2018
The former Westpac bank at 279 West Street, Umina Beach has been leased to real estate agents Central Coast Realty. The property which was vacated by Westpac about two years ago is on the corner of West Street and Bullion Street and comprises 242 sqm of lettable space, is fully air conditioned and
includes all amenities services and provides allocated onsite parking. Terms of lease are 5 years with 5 year option at a rental of $100,000 per annum including Outgoings plus GST. The lease was negotiated by Dan Mason from Chapman & Frazer Real Estate.
RESIDENTIAL PRESTIGE PROPERT Y REPORT
Private beachfront hideaway for Sydney family The property: 47 Ocean View Drive, Wamberal. This 6-bedroom home on a 1,126 sqm lot right on Wamberal Beach features a floorplan with a seamless flow between indoor and outdoor living with an entertainment deck overlooking the whole Pacific Ocean from Terrigal to Forresters Beach. Additional features include air conditioning throughout, manicured gardens and 2 lockup garages and direct access to the beach. The price: $3,500,000. This is the 4th highest price for Wamberal since 2007. The vendor: The vendor has sold after fifty years in the same family. The buyer: A Sydney family who will use it as a holiday home. The sale: The property was on the market for 11 days. It was listed for auction and sold after one open-home that saw 15 inspections. The agent: Tim Andrews and Kieran Easton from L J Hooker Terrigal.
East Gosford maisonette sets a new lifestyle standard A TOTALLY NEW and unique style of luxury living is being introduced to the Central Coast centred on East Gosford by the Evergrow Group and their architects White + Dickson Architects. Having designed and built their first project “Deux” a townhouse development of two maisonettes in Webb Street, East Gosford and getting a record price of $1.1 million for one and keeping the second as an investment the Evergreen Group have now moved on to their second project. Quattro will comprise four 3-bedroom 3-bathroom luxury maisonettes to be built at 6 Melbourne Street, East Gosford and will feature bespoke cabinetry and lighting throughout. From the double-height living spaces, to the mezzanine master suite and polished plaster stairwells each maisonette is perfectly proportioned and boasts a timeless aesthetic. The two west residences have water views across Caroline Bay and the stunning grounds by award-winning designer Michael Cooke reflect the unique style of living this prestigious development offers. Architect Andrew Dickson said, “Our vision for the project was to truly prove that architecture is the thoughtful making of space and Quattro’s maisonettes encapsulate the timeless quality of the French word meaning – petite house.”
Agents Richard Faulkner and Trent Mullen from Gittoes, agents at East Gosford report that No.3 has sold off the plan to a Central
Coast family for $1.1 million. Construction will start in the next few months and be completed by mid 2019.
CENTRAL COAST BUSINESS REVIEW JUNE 2018
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BUSINESS TIPS
Federal Budget 2018 – What does it mean for your business?
By David Evers, Director, Robson Partners
THE BUDGET AS announced on 8 May, 2018 is seeking to bring about some proposed changes that will directly affect Small Business. The following is a summary of the key proposed changes; Instant asset write-off extended • The instant asset write-off has been extended for another 12 months to 30 June 2019. • This applies to business asset purchases of up to $20,000, and for companies with a turnover of less than $10m. • If you have bought Plant & Equipment items (including motor vehicles) o you are thinking of doing so before 30 June, then this is a real opportunity. Tax cuts • As part of the Federal Government’s 10-Year Enterprise Tax Plan, the turnover threshold to be eligible for the 27.5% tax rate has now been extended from $25m
to $50m. This will mean that more business will pay a lower tax rate from 1 July 2018. • Small Businesses that are not operating in a company, will also receive an increase in the unincorporated small business tax discount rate from 5% to 8% (to a maximum of $1,000). This is proposed to increase to 16% by 2026-27. Greater Planning Opportunities • A greater number of small businesses can also now access a range of small business tax concessions with the small business entity turnover threshold rising from $2m to $10m. • These small business concessions are very generous and provide a great tool for small businesses to plan for succession and retirement and save tax. • We use these concessions regularly (in real life and in case studies in our presentations) with our clients - this is a great initiative. Greater Support for entrepreneurs and exporters • The Federal Government has allocated a proposed $17.7m to expand its Entrepreneurship Facilitators Program and it has allocated has allocated $20m for SME Export Hubs, that will assist business to grow exports. Reducing red tape • There have been some changes to reduce administration time for business.
The Business Activity Statement GST worksheet has been replaced, with businesses now only needing to respond to three questions. • Anything small thing that cuts red tape for business, is a good thing. Changes to Business Conduct • In his speech to Parliament, Treasurer Scott Morrison said: “The Government is making sure small businesses don’t get ripped off by businesses that deliberately go bust to avoid paying their bills.” The Government is seeking to tighten rules about “illegal phoenixing” - when a new company is created to continue the business of a company that has been deliberately liquidated to avoid paying its debts. Measures that help small business avoid bad debts, are a good thing. • Significant changes are also being proposed to cash in the Black Economy. Under the new measures large cash payments of greater than $10,000 will be outlawed, and this expected to raise additional revenue of $5.3bn over the next four years. These proposed changes today are only proposals, and they will need to be passed by both Houses of Parliament to become law. Never the less, there are real opportunities for Business owners to talk to their Advisers NOW, so they well prepared, and in the best position to act, if and when they become law.
Stamp Duty Exemptions (NSW) - Does it affect you?
By Nathan Corrigan, Account Manager, Insurance House Central Coast
With effect from January 1, 2018, NSW small businesses may be exempt from paying stamp duty on certain types of insurance. A small business has been defined by Revenue NSW as an individual, partnership, company or trust that is carrying on a business, and the business has an aggregated turnover of less than $2 million in the income year the policy is commenced/renewed.
CENTRAL COAST BUSINESS REVIEW JUNE 2018
If you are a NSW small business with one of the following insurance policies in place this exemption may be applied: • Occupational indemnity insurance • Public & products liability insurance • Commercial motor insurance, used primarily for business purposes • Commercial aviation insurance used primarily for business purposes. To claim the exemption a small business owner must complete a declaration, in a form acceptable to the insurer, declaring that they are a small business. It must be lodged prior to or at the time of commencing/renewing the policy. In addition to the above small business exemptions, all crop and livestock insurance in NSW are stamp duty exempt from January 1, 2018. This does not have a turnover limit and so no declaration is needed. One final point to note is that the legislation leaves some room for differing
interpretation by insurers, particularly in relation to the form of declarations and the apportionment of stamp duty charges for multi-section policies. To learn more about the Stamp Duty Exemptions (NSW) contact Insurance House on 1300 305 834. Additional information and further specific details are available via the NSW Revenue link below: http://revenue.nsw.gov.au/info/legislation/notes/duties/cpn001 To discuss if your business may be eligible for the Stamp Duty Exemptions (NSW) that impact your insurance premiums, contact Nathan Corrigan of Insurance House on (02) 8913 9137. Also ask for a free, no-obligation healthcheck of your insurance program giving you the confidence that your insurance program fits your risk profile, and your budget.
BUSINESS TIPS
Can an employer be sentenced to jail for underpaying their workers?
By Warwick Ryan, Partner, Hicksons Lawyers
MANY OF US don’t like being told what to do. Whether it be in our personal life or in our businesses. Many business people feel that way in relation to their staff. Recently a tourist operator in Cairns took it to an extreme. When facing a judgement against him for employee underpayment, simply refused to pay. In 2015, the federal court ordered that the tourist operator’s company, Trek North, be penalised $55,000 and the director, Mr Jorgensen, pay a civil penalty of $12,000. The Fair Work Ombudsman was also pursuing a further $30,000 in under payment.
In response to that, Mr Jorgensen took every possible step to avoid payment. So, what did the FWO do? This year they sought an order from the federal court to have him jailed for up to 12 months and it was granted! So in a first for employment law (but probably not for the last time) the FWO was successful in having an employer jailed for contempt of court for disregarding its orders for underpayment. Fair enough you might say, that was contempt of court. Well, the intrusion of the ‘jail option’ as deterrence to employers who underpay their staff could well become common place. Last week the jailing of employers who underpay their staff, has been announced as party policy by Labor in Victoria and they are pressing the Commonwealth Labor opposition to adopt a similar approach. Whilst the payment of $10/hour to migrant workers is indefensible, many breaches are nowhere near as dramatic and certainly not so clear. Much of the award system is a mess. The option of jailing under-paying employers is a decidedly concerning pros-
pect because proving a deliberate act can be ambiguous, at times. If, for example, the advice you received gave you alternative interpretations of award coverage and (following the advice) you chose one interpretation of the award over another which led to an underpayment. Is that a deliberate act? At what point does a breach become deliberate when there is so much uncertainly and confusion in relation to the coverage of one award versus another. For example, for a trade association we represent, there are 4 different awards that can cover the same tradesperson working in the same business. Also, there is no need for the jailing of employers. The penalties for breaches are already astronomical. For example, the federal court regularly imposes a penalty of $100,000+ where the total underpayment to the worker will be $20,000. Surely that is deterrence enough. These continue to be very concerning times for employers, as they take on the responsibility of employing staff.
Letter to the Editor I JUST WANTED to reach out and thank you for your recent comments in the May CCBR. It’s been nothing short of disappointing to witness the return of archaic governance by the current Central Coast Council in recent months and the overwhelming sense that we’ve just lost the momentum that the region has so desperately needed. I speak with organisations every day that are looking to invest serious capital into the region and the number 1 issue that continues to be the barrier is the concern of dealing with local council. The Central Coast is the obvious choice for expansion from Sydney’s overpriced current status but we continue to be a last resort for the corporate sector that avoid dealing with the bureaucratic nonsense that seems to plague our region. You only have to travel the regional areas on the fringes of other capital cities to see how far behind we really
are. People expect and deserve a better standard of living to what’s currently being allowed to be created by such backward thinking. It’s heart breaking and at times totally embarrassing to see just how little progress we’ve made over the past 20 years whilst other regions have created the most vibrant, inspiring and commercially successful business districts that have invigorated employment, small business and the overall love of the locals for their backyard. When you spend the time that I do each week immersed in the conversations of what our region offers to the corporate sector considering relocation, to the executive considering relocating his family or to the young first home buyer looking at starting a life in a new region you have a harsh realisation that we really don’t compete with any of the other choices – and there’s plenty. We can no longer hang our hat on the beauty of the region, our beautiful beaches
or our proximity to Sydney alone. The Central Coast has so much potential. We’ve all heard it many, many times before…..but potential will never be realised without some change of thinking. We cannot live in the past and seriously believe that we have to protect a way of life that we’re apparently all so desperate to hang on to. It seems clear to me that the overwhelming response from everyone that I engage with want to see our great region get moving and wake up to the opportunity that is agonisingly just out of reach. My fear is that we’ll continue to turn away the many millions of dollars of private sector funds that find dealing with the Central Coast Council an exercise in total frustration and perpetuate the decades long culture of being ‘too hard to deal with’. Jaimie Woodcock Managing Director McGrath Central Coast Group
CENTRAL COAST BUSINESS REVIEW JUNE 2018
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FUNNY BUSINESS
AFTER BECOMING VERY frustrated with the attitude of a shoe shop salesman, the young woman declared: “Well, then, maybe I’ll just go out and catch my own alligator and get a pair of alligator shoes for free!” The shopkeeper replied with a sly smile: “Well, young lady, why don’t you go give it a try?” The woman headed off to the swamp, determined to catch an alligator. Later in the day, the shopkeeper was driving home, and spotted the woman standing waist deep in the murky water with a shotgun in hand. He saw a huge 3m alligator swimming rapidly toward her. With lightning reflexes, the woman took aim, shot the creature and hauled it up on to the slippery bank. Nearby were seven more dead ’gators , all lying belly up. The shopkeeper watched in amazement as the woman struggled with the ’gator . Then, rolling her eyes, she screamed in frustration: “Dammit! This one’s barefoot too!” Two men got out of their cars after they collided at an intersection. One took a flask from his pocket and said to the other, “Here, maybe you’d like a nip to calm your nerves.” “Thanks,” he said, and took a long pull from the container. “Here, you have one, too,” he added, handing back the whiskey. “Well, I’d rather not,” said the first. “At least not until after the police have been here.” What’s the definition of an accountant? Someone who solves a problem you didn’t know you had in a way you don’t understand.
On an outback road a policeman pulled a farmer over and said: “Sir, do you realise your wife fell out of the car several miles back?” To which the farmer replied: “Thank God, I thought I had gone deaf!” I went to the cinema the other day and in the front row was an old man and with him was his dog. It was a sad funny kind of film, you know the type. In the sad part, the dog cried its eyes out, and in the funny part, the dog laughed its head off. This happened all the way through the film. After the film had ended, I decided to go and speak to the man. “That’s the most amazing thing I’ve seen,” I said. “That dog really seemed to enjoy the film.” The man turned to me and said, “Yeah, he hated the book though.” A man walks into a bar one day and asks, “Does anyone here own that rottweiler outside?” “Yeah, I do!” a biker says, standing up. “What about it?” “Well, I think my chihuahua just killed him...” “What are you talkin’ about?!” the biker says, disbelievingly. “How could your little runt kill my rottweiler?” “Well, it seems he got stuck in your dog’s throat!” His wife had been killed in an accident and the police were questioning Finnegan. “Did she say anything before she died?” asked the sergeant. “She spoke without interruption for about forty years,” said the Irishman.
A cop pulls up two Irish drunks, and says to the first, “What’s your name and address?” “I’m Paddy O’Day, of no fixed address.” The cop turns to the second drunk, and asks the same question. “I’m Seamus O’Toole, and I live in the flat above Paddy.” A new small business was opening and one of the owner’s friends arranged for flowers to be sent to mark the occasion and wish the owner luck. The flowers duly arrived at the new business site and the business owner read the accompanying card to find it said, “Rest in Peace”. The business owner rang his friend and told him what the card read. The friend was angry and called the florist to complain. After he had told the florist of the obvious mistake and how angry he was, the florist said, “Sir, I’m really sorry for the mistake, but rather than getting angry you should consider this... somewhere there’s a funeral taking place today, and they have flowers with a note saying, ‘Congratulations on your new location.’”
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