CCBR March 2017

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Print Post Approved – PP100001854

Vol 26 March 2017 Published monthly (except January)

business review ALAN GRAHAM 40 years selling caravans and RVs Grand opening for Koolewong Marina New Planning Minister plans to get Coast moving Top year for Saratoga Quality Meats

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CON T EN TS

Read ersh ip

20,00 0 Cover story

16 Commercial / Industrial Properties For Sale / Lease

4 Alan Graham – 40 years selling caravans and RVs

Business news 7

Grand opening for Koolewong Marina

17 Property sales and leasing reports 20 NSW Coastal Management SEPP 2016 – A challenge to property rights 20 Bi-partisan tax cut support vital for

9 New Planning Minister plans to get the Coast moving 9 Chamber calls for transport review

small business confidence

11 Top year for Saratoga Quality Meats 11 ARA congratulates NSW Government on retail lease reforms

21 Why you need a Cloud based accounting system more than ever

Regular features 6

Edgar Adams Editorial

Is the Central Coast losing out to Liberal factionalism?

12 Cake maker expands

12 Business briefs

12 Pacific Link appoints asset manager

14 Property news

13 Chef buys Killcare restaurant

19 Residential Prestige Property Report

13 1960s Avoca milk bar finds new owner

20 Comment

14 Premier waffles on Council election date

21 Business Tips

15 Inaugural Developers’ Forum held to

22 Funny Business

activate development on the Coast

Contact

Front cover: Alan Graham – Photo: Jeff McGarn

21 Who really owns your business?

following M1 crash 10 Apple superfood breakthrough

+

23 BUSINESS SERVICES DIRECTORY

Hear Edgar Adams’ business comment 8.10am each Monday.

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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.

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

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COV ER S TORY

Alan Graham, 40 years selling caravans and RVs • A multi-generational Central Coast family business success story (at times, against the odds) that spans more than 7 decades in total.

• One of the hallmarks of a successful businessperson, especially one that has stood the test of time, is the ability to adapt to a changing marketplace.

• Never put your eggs in one basket – diversification is key to survival in a tough, highly volatile industry.

• Devote time and resources on research and development, staff training and finding the right people for the right roles.

CELEBRATING 40 YEARS in business, Alan Graham’s Caravans and RVs is a well known and highly respected family business on the Central Coast.

In fact the Graham family has enjoyed a much longer history in business in the region than the four-decade milestone they are celebrating this year. It was Alan’s father Leslie, who saw great potential in Gosford in the mid 1940s, while working for the Ford Motor Company in Geelong, Victoria.

Leaving his job as sales manager with Ford, Leslie seized the opportunity to purchase Richardson Motors opposite Gosford Railway Station and move his family to the Central Coast in 1946 (he later moved the dealership to Erina Street and renamed it

Grawill Motors). The family has been firmly entrenched on the Coast as successful business owners ever since. Fast-forward 71 years and the Graham family business legacy continues with Alan’s son Andy now holding the reins as General Manager. But the journey hasn’t always been a smooth one, as this story will tell.

Alan’s journey Alan Graham began his working life as an accountant. After 12 months with a Gosford based chartered accountancy firm, he took a position at his father’s Ford dealership as the family accountant in 1959. A natural with people, Alan was soon drawn to sales before later being promoted to Sales/ General Manager, a role that added significantly to his business acumen. He spent a total of 18 years at Grawill Ford. During this time he met and married his wife Judy and together they started a family.

1966 marked a turning point for Alan and Judy. It was the year the couple first took to the road on a caravan trip with their 2-year old son Andy, the beginning of many caravanning adventures. But it wasn’t until 1974 when the couple and their three children embarked on a caravanning trip around Australia that Alan’s passion for the caravan and leisure sector was ignited.

Once back home, Alan began researching the industry in earnest and discovered great future growth potential. “There weren’t many successful caravan dealerships back then despite growing interest from the marketplace,” he said. In January 1977, Alan and Judy started their business in West Gosford. They strategically chose not to have all their eggs in one basket and sold used cars as well as caravans. This decision proved instrumental to their survival

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in the 1980s at the height of the fuel crisis when the number of caravans manufactured in Australia plummeted from 40,000 units per annum to just 5,000. Such was the downturn in the industry that it put iconic caravan brands like Millard and Viscount out of business. Alan was also adamant from the start that the business would have an onsite service centre, which gave them the capacity to look after customers long after they had left the dealership with their purchase. The service aspect has been another key ingredient for the business’ longevity as it has always offered a point of difference in a competitive marketplace.

Had you asked Alan back in 1977 if he could envisage his company becoming one of Australia’s most successful and respected caravan dealerships 40 years down the track, it would have been difficult to imagine. The Central Coast was far from the sprawling, bustling region it is today.

And for about the first third of his business journey, Alan would not have believed that they would ever have been able to rely solely on the sale of caravans and RVs to create sustainable success. But one of the hallmarks of a successful businessperson, especially one that has stood the test of time, is the ability to adapt to a changing marketplace. And that is something that Alan has always been very good at.

The business grew so rapidly in the early years that Alan and Judy purchased additional land at Wyoming (the current site) on which to establish a separate caravan sales arm of the business. They also grew their team, at one point employing 22 staff. Their son Andy joined the business in 1994 after serving ten years in the Army. Until 2002 they sold used cars from West Gosford and caravans from Wyoming.

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COV ER S TORY

The decision to stop selling cars and consolidate the business at Wyoming was driven by the advent of the Internet and the fact that they could no longer compete against online used car sales activities.

At the same time, the caravan and leisure industry had started to boom, with Australian manufacturing levels rising to 20,000 units per annum.

Growth was strong and steady for the next five years and business was thriving.

And then the GFC hit in 2007 and everything changed almost overnight. “To say it was a stressful year is an understatement,” said Andy. “Sales just died. It was very tough,” said Alan who admitted he and Judy had to sell their home at the time to make ends meet. “You just did what you had to in order to survive,” he added. Consequently staff numbers were cut down to around ten, with the majority of remaining staff operating in the service centre, as this work continued relatively unscathed and kept the business afloat while sales were down, once again highlighting the benefit of Alan’s early decision to diversify the business and offer a one stop shop solution to customers.

Once the economy recovered after the GFC, the caravan and leisure industry began to pick up again and today caravanning is enjoying a renewed surge in popularity, particularly among baby boomers as they enter retirement. What’s more, volatility in some parts of the world is prompting many to reconsider overseas travel and holiday closer to home.

Alan and Andy Graham Believing that fresh ideas, new blood and modern technology are vital for success in the 21st century, both Andy and Alan spend a great deal of time and resources on research and development and staff training. They also maintain that finding the right people for the right roles is crucial (albeit challenging), especially to fill sales roles as the hours are long and reaching targets can be tough as, unlike cars, caravans are considered a luxury item.

True business survivors, the Graham family has always stayed true to the company motto, “Our reputation is your protection”.

And that reputation is built on respect (for customers, staff, suppliers and the environment) and unwavering integrity (Alan Graham’s is an accredited dealer in an industry where many dealers are not, and is

committed to purchasing only quality products from accredited Australian manufacturers). Today the company employs a team of twelve, half of those in the service department, led by Steve Fuller who has been with the company for 39 years, and they attract customers from all over Australia.

Alan Graham’s is an agent for four quality Australian brands, and is proud to be the number one dealer in Australia for the sale of Concept Caravans. Concept is currently in the process of building a special limited edition 40th anniversary van and the anniversary year kicks off in earnest this month with a huge birthday sale. Andy said, “We are proud to be the longest serving caravan dealer in our territory (Central Coast, the Hunter and Northern Sydney) and plan to make this an all year party to celebrate.”

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EDITORIAL

Edgar Adams discusses local issues

Is the Central Coast losing out to Liberal factionalism?

THE RESIGNATION IN January of NSW Premier Baird and the appointment of Gladys Berejiklian as Premier and the resulting Ministerial reshuffle begs the question.

Is the Central Coast just a bit player in the machinations of the Liberal Party in Macquarie Street?

Firstly, though it is good to note that In doling out the ministries Mrs Berejiklian decided that she should be Premier of NSW and not the Premier for Western Sydney as was Mr Baird.

The reshuffle saw the Member for Lane Cove, Anthony Roberts appointed (among other things) Minister for Planning and Minister for Housing. What we have since learned about Mr Roberts is that he has quite an interest in the Central Coast and in fact has a holiday house at Killcare.

At the opening of John Singleton’s Bonython Tower display suite early in February this Minister found time to actually come to East Gosford to open the suite only a day after being sworn in as Minister.

He then declared his love for the Central Coast and lamented the lack of development in Gosford saying he would do what he could to get the place moving.

Obviously Mr Roberts is the first Planning Minister who didn’t need a GPS to find Gosford.

However what CCBR finds strange is that the Premier appoints Scot MacDonald from Guyra in the New England area as Parliamentary Secretary for Planning and the Central Coast.

In the Baird Government Mr MacDonald was Parliamentary Secretary for the Hunter and Central Coast. Two entirely different regions.

This is not criticism of Mr MacDonald in any way. Just an observation.

The Premier then appointed Catherine Cusack from the Northern Rivers town of Lennox Head. Ms Cusack’s appointment has been welcomed in the Hunter.

What the Premier could have done was appoint Michael Gallacher, former Police Minister and a man who knows the Central Coast like the back of his hand, Parliamentary Secretary for the Central Coast.

Mr Gallacher’s reputation was unfairly tarnished by the ICAC investigation into Liberal Party donations. He did no wrong and ICAC knew it.

So why is Mr Gallacher on the outer when he would make an admirable representative for our region?

Its all about factions and the Liberal Party is riddled with them, just like the Labor Party.

The voters are just pawns.

Mr MacDonald has a big job representing our region but at least he doesn’t have to worry about the Hunter.

About thirty years ago a couple of local businessmen built an ‘oyster depuration’ plant at Koolewong which looked more like a restaurant. And that was the rock they perished on. Gosford Councillors of the day went berserk and council refused to provide an occupancy certificate. It

became known as the Taj Mahal and sat there for many years until someone came to their senses and allowed it to be used as a – restaurant.

The owners wanted to establish a marina but that was too hard as well.

Fast forward to 2015 and the owners of the very successful Marmong Point Marina in Lake Macquarie saw the opportunities in Brisbane Water and bought it.

With a progressive Gosford Council and their reputation to back it a new 50-berth Marina got approved.

So at last Brisbane Water has a world-class marina that will quickly become a major attraction for the boating community.

Our congratulations to Les Binskin and Symantha Suprain for investing in our region.

What a breath of fresh air it was to have the newly appointed Minister for Planning attend the opening of John Singleton’s display suite for the Bonython Tower project.

Anthony Roberts made no bones about his interest in the Central Coast – as he said, he has a weekender here – and wants to address the 30 years of neglect.

At last, a Minister who knows and understands our region.

Edgar Adams Editor

Letter to the Editor Greetings from the past.... I read your editorial in the February 2017 CCBR (Are we a part of Sydney? Or a stand alone region) with some interest and tend to agree with you to some extent.

As you know I was part of the funding group of Central Coast Tourism Inc. under the leadership of some very great people! At the time we tried to combine Wyong with Gosford. Totally agree with you that self interest was the obvious call.

Even so many years ago we had some interesting discussions to say the least in regards to the region and it’s brand "Central Coast".

My view has always been, and still is, to look at it from a world perspective.

Nobody outside Australia knows where the "Central Coast" is, maybe even do not

CENTRAL COAST BUSINESS REVIEW MARCH 2017

even know NSW as a State but the whole world knows "Sydney"!

Why then not take a free ride on a known brand, use it to specify it's destination which would be north of Sydney and not Central....

So my argument has always been to call it Sydney's North Coast as much as I argued that the Illawarra or Wollongong for that sake should be called Sydney's South Coast, end of story.

"Sydney and surrounds" never quite worked as it means anything and nothing; so bag that one.

So while I know it is rewriting the map it is like being an explorer again and again..... these are just my thoughts and in general just endorse your argument, with best wishes Walter Immoos

Editor’s Note: Walter Immoos is a Senior Business Consultant specialising in the hospitality sector. He was the first General Manager of Peppers on Sea Terrigal when the property opened in 1989 and then Crowne Plaza Terrigal until 1997.

Subsequently he was General Manager of the All Seasons Premier Menzies Hotel Sydney for eight years until 2005, during that time the hotel was the Olympic Games hotel for the Sydney IOC. From 2005 to 2014 he was General Manager of Novotel Wollongong Northbeach.

He is one of the most highly respected hotel management executives in Australia.

BUSINESS NEWS

Grand opening for world-class Marina

Fireworks display over Brisbane Water at the opening of the Koolewong Marina AN IMPRESSIVE FIREWORKS display watched by over fifty guests, saw the official opening of the new 50-berth Koolewong Marina in Brisbane Water at end of February.

The $5 million boutique marina is owned

by Les Binkin and Symantha Suprain, owners of the Marmong Point Marina and designers of the Trinity Point Marina in Lake Macquarie and has been six years in the planning.

Binkin and Suprain acquired the site which included The Boathouse Restaurant on Murphy’s Bay in Brisbane Water in July 2015.

A world class facility, the marina already has 35 berths booked and all to local residents most of whom will relocate their boats from Pittwater, Brooklyn and other locations in the Sydney area.

One of the first to sign up for a berth was Managing Director of Raine & Horne Real Estate Gosford. Commenting, he said “its been a long time coming with years of talk but finally it is here. This is not any marina it is a marina of world class standard and is up there with the best. Their attention to detail shows that the owners are highly experienced and should be congratulated for providing this much needed piece of infrastructure. We should be very proud of what they have achieved.”

Koolewong Marina offers safe and secure floating concrete berths for docking yachts, cruisers and catamarans permanently or for a casual visit. Each berth provides power and fresh water and state of the art security video is installed across the marina.

Jeff Weber has been appointed full time Marina Supervisor.

Services that are being offered at Koolewong are full professional boat detailing, boat sales, car parking and full amenities.

The well-known Boathouse Restaurant will continue to function as it has in the past.

Considerable landscaping work has been carried out on the car park and pathway

Guests in the Boathouse Restaurant at the opening of the Koolewong Marina

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Owners, Symantha Suprain and Les Binskin leading off Brisbane Water Drive to encourage cyclists and walkers to call in on their way through.

Both Binkin and Suprain see the environment and ecology surrounding the marina as vital.

The Marmong Point Marina received Fish Friendly Marina status in 2013 Mr Binkin said, “We are proud to be accredited with this new environmental initiative CONTINUED ON PAGE 14

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BUSINESS NEWS

New Planning Minister plans to get the Coast moving ONLY A DAY after being sworn in as NSW Planning Minister, Anthony Roberts was on the Coast at the grand opening of the display suite for Bonython Tower as the guest of agents Gittoes Real Estate, John Singleton and Bonython Property and Development Group.

The display suite in Adelaide St East Gosford replicates a unit in the Bonython Tower development in Mann St, Gosford, including a typical view as well as the high quality finishes one can expect in the commercial suites that will occupy the first two levels.

About 40 business leaders attended the opening along with 2GB Morning Show presenter Ray Hadley and former Police Minister Michael Gallacher MLC. Ray Hadley introduced Minister Roberts and

both spoke of their passion for the Central Coast and praised John Singleton for his commitment to the Coast and putting his money where his mouth is with the Bonython Tower project.

Minister Roberts made it clear that after more than 30 years of neglect he wanted to do what he could to get Gosford and the Coast moving. He said he felt that in his new role as Minister for Planning, he would be able to make sure in Cabinet that the area received the support from Cabinet it needed to reach its true potential.

According to Mr Paul Anderson, Managing Director of Bonython Property and Development, the two penthouses and a number of other residential units have already been sold off the plan.

Minister for Planning, Anthony Roberts MP and Radio 2GB Morning Show host Ray Hadley

Chamber calls for transport review following M1 crash The Peninsula Chamber of Commerce has called on the State Government and Central Coast Council to re-commit to the new ferry wharf at Ettalong Beach in the wake of the catastrophic truck pile up near the Hawkesbury River Bridge at the end of February closing the M1 for over twenty hours.

“How many times do Central Coast residents have to endure major disruptions on the M1 and be left to the mercy of limited transport connections between Sydney and the Central Coast”, said Peninsula Chamber President Matthew Wales.

“If it’s not bush fires closing the freeway, it’s major accidents which often involve semi-trailers. These major inci-

dents place pressure on our only other transport connection, the main northern rail line,” he said.

“For nearly twenty years we have had an alternative transport connection waiting to be built in the form of the approved ferry wharf at Ettalong Beach and yet it has sat on the drawing board lifeless”, he said.

“For a modest $5 million the State Government and the new Central Coast Council could build this new wharf which would encourage ferry operators to look at public transport connections to the Northern Beaches and Sydney Harbour”.

“It’s high time that all levels of Government explore alternative transport routes and provide the infrastructure that might encourage commercial operators to

expand existing businesses like the Palm Beach Ferry service or new start operators.”

“The Bangalow Street wharf is approved with an active consent, fully costed and is included in the Ettalong Beach Foreshore Masterplan.

“It’s no longer acceptable to patch up the old Ferry Road wharf and claim that this is a satisfactory connection to Palm Beach”.

“When you get off at Palm Beach, you are welcomed by a state-of-the-art ferry wharf and interchange that makes Ettalong Beach look like the poor cousin”.

“The Chamber is calling on the State Government and the Central Coast Council to get serious about transport connections that use one of our best assets……our waterways”, Mr Wales concluded

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

Apple superfood breakthrough GROUND BREAKING RESEARCH on apples and apple skins carried out at the University of Newcastle’s Central Coast Campus at Ourimbah has led food science researcher, Dr Vincent Candrawinata, into producing and distributing his own innovative range of activated phenolics through his company Renovatio Bioscience.

Dr Candrawinata’s research on apples has resulted in the development of the most potent cancer fighting superfood on the planet.

It was during his final year of undergraduate study in Food Science and Human Nutrition at the Central Coast Campus that Dr Candrawinata, then aged 25, began looking into becoming a researcher. His supervisor, Dr Costas Stathopoulos, played a large role in encouraging him to commence Honours.

“Costas sparked my interest in apple juice and the polyphenolics because he said I would be making apple juice from orange. I didn’t know that Orange is a name of a place in Australia. But that was enough to spark my interest in the project which concluded that juices made from Australian apples are higher in phenolic compounds than those from imported concentrates,” he said.

Phenolics are a natural compound in fruits and vegetables possessing very high antioxidant activity. Studies show that these compounds are linked to reduced risk of cardiovascular diseases, respiratory diseases and even cancer. Dr Candrawinata also discovered that the juicing process transfers these compounds to waste material known as pomace (i.e. the pulpy matter remaining after the juice is extracted from the fruit).

Dr Candrawinata, who completed his PhD in food science and human nutrition

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Dr Vincent Candrawinata in 2014, said the major superfood breakthrough was achieved through new natural extraction technology.

“It results in a highly water-soluble antioxidant, which is 100 per cent natural and entirely compatible with the human body,” he said.

“In this way it is closer to being a more super superfood than a supplement as we traditionally know them.

“The breakthrough is that no chemicals are used at any stage of the process.

This makes the end product safer and far more useful to the body than other dietary antioxidants.”

By early 2014 we consistently performed and produced the extraction in a consistent form,” Dr Candrawinata said.

“It then took us a year to work out how to scale up production. After the initial jubilation we suddenly realised that because this was new, there was no manufacturing

machinery available for us to mass produce it.”

He said it was the “complete package” of apples that made them so nutritionally potent.

Dr Candrawinata’s Honours programme was funded and supported by Horticulture Australia, NSW Department of Primary Industries and the University of Newcastle’s Faculty of Science and IT Strategic Research Initiative Fund to tackle an ongoing problem of low priced apple juice concentrate imported from China confronting Australian Apple Juice producers.

“It was so problematic that even if Australian manufacturers were given apples to process for free, the costs of labour, packaging and distribution would be more expensive than importing concentrate. At first glance, there is not much difference between those made from imported concentrates and fresh Australian apples,” he said.

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CENTRAL COAST BUSINESS REVIEW MARCH 2017

R E TA I L N E W S

Top year for Saratoga Quality Meats

Rob Kay with Shop Manager, Jason Bowden WHILE THE NUMBER of butcher shops on the Central Coast has more than halved over the past 15 years one butcher shop continues to thrive and has reported a record year.

Saratoga Quality Meats relocated to Kincumber Village Shopping Centre four years ago following the Centre’s redevelopment by Coles Properties. It has proved to be the best move butchers Rob and Bruce Kay have made since opening at Saratoga thirty years ago and gaining a reputation for selling top quality meats.

It was due to their widespread reputation that Coles Properties approached them to lease at Kincumber and why they retained the name Saratoga Quality Meats (SQM).

So successful has the move to Kincumber been that in August last year they leased the shop next door giving them more room to extend their range of value added beef, lamb and pork products making all products onsite.

At one point the Kay brothers had a shop at Terrigal for seven years before selling out to concentrate on the Kincumber business.

So what is behind the Kay brothers’ success? “We source only the best produce in Australia, which comes from Victoria, is free range and grass fed. We know where it comes from and how it is grown,” says Rob Kay. “It’s all about traceability and trust, because these days that is what our customers expect.”

“And then its about presentation and value adding. Many of our customers prefer to have their meat ready to cook but we have a wide range of cuts and sausages as well.”

We aim to be as good as or better than any of the leading Sydney butchers in everything we do. Its about passion and loving what you do and we set out to instil that in out staff.”

As part of their offer SQM make their own hams, bacon and smallgoods. About 35% of SQM’s sales is in value added products.

But it is also about product knowledge.

“Customers are taking more of an interest in

Bruce Kay cooking these days,” said Rob. “TV shows like Master Chef and MKR as well as the many cooking shows have changed how people think. So we need to help them when deciding what to buy and how to cook it.”

“Food is the new form of entertainment and we see this as an opportunity to get closer to our customers.”

SQM trades seven days a week with Rob Kay saying that Sunday trading is as strong as any other week day. “We have a lot of Sydney customers who have holiday homes at Avoca and call in on their way through and then on their way home stocking up for the week ahead,” he said.

The Kay brothers employ eight butchers and two apprentices and will soon be putting on a new 1st Year apprentice.

ARA congratulates NSW Government on retail lease reforms The Australian Retailers Association (ARA) has congratulated the NSW Government on successfully implementing significant changes to the NSW Retail Leases Act, to increase transparency and fairness between NSW retail businesses and landlords.

ARA Executive Director, Russell Zimmerman, said the improved retail lease protections and streamlined processes will create stronger and fairer relationships between retail tenants and landlords.

“As the retail industry is constantly evolving it’s great to see the NSW Government implementing progressive changes that ensure the legislation remain relevant to all retailers throughout Australia,” Mr Zimmerman said.

The Retail Leases Amendment (Review) Bill 2016 was presented to NSW Parliament on Tuesday 21st February to introduce reforms to the Retail Leases Act 1994 to improve fairness in the marketplace.

“The amended Act will give retailers a better understanding of retail centre values and side deals, ensuring leasing costs are transparent for both large and small retail businesses,” Mr Zimmerman said.

“These significant changes will ensure greater transparency and certainty about retail lease deals during negotiations and simplify the process of transferring a retail lease.”

A Retail Code of Industry Practice has been developed by the ARA, Franchise Council and Pharmacy Guild who have managed with the State Government to have the Shopping Centre Council of Australia agree to sign the code.

CENTRAL COAST BUSINESS REVIEW MARCH 2017

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BUSINESS BRIEFS

Cake maker expands

Jenni Darwin Nutmeg Cakes and Cookies owner, Jenni Darwin, has moved into a commercial kitchen in Palm Court, Erina after operating from her home kitchen in Umina for the past six years.

A cake artist Mrs Darwin has worked throughout Europe, UK and Australia as a chef and caterer, from baking cakes and pastries in the French Alps to creating gourmet lunches for London’s top financiers.

Mrs Darwin said that the business has grown organically as friends who knew her cake making and decorating skills asked

her to make and decorate celebration cakes for them.

“It just grew and then I promoted it using Facebook and other social media as well as attending wedding expos as well as working through venues and suppliers,” said Mrs Darwin.

She has featured at the Cake Bake and Sweets Show in Sydney in recent years.

“It is important to get the taste and look right using high quality natural ingredients,” she said.

The new premises will allow her to increase production and expand by selling and promoting through markets.

Pacific Link appoints asset manager

Richard Westwood and David Bacon

4332 0177

Pacific Link Housing Chairman David Bacon has announced the appointment of Richard Westwood as Executive Property and Assets Manager for the Gosford-based not-forprofit group.

“Mr Westwood’s appointment adds significant expertise to our team at a time when Pacific Link is growing steadily and

taking on new projects to boost the supply of affordable and social housing in our region,” he said.

“A top-level asset manager, he brings 30 years in property and asset management experience to our staff,” he said.

“In his most recent role Richard was Group Property Manager for HCF, overseeing the company’s commercial assets. Prior to this he was Executive Manager Corporate Services for SBS, General Manager for Property & Administration at Optus, and General Manager of CSC Australia. ANZ Facilities Manager for Microsoft Australia and Eli Lilly.”

The group has rapidly transitioned from housing management to management and supply over the last two years - moving from a zero base to more than $20 million invested in refurbishment and new affordable and social housing projects.

“Mr Westwood will take responsibility for all aspects of property and asset management for the group,” Mr Bacon said Interim CEO appointed Meanwhile Pacific Link Housing has announced the appointment of longstanding senior executive Daphne Wayland as interim CEO. “Ms Wayland has played a pivotal role in directing, managing and implementing Pacific Link’s policies and initiatives for more than five years in her pivotal roles as Company Secretary, Risk & Compliance Manager and go-to executive,” said Mr Bacon

aubrey brown L A W Y E R S

CENTRAL COAST BUSINESS REVIEW MARCH 2017

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BUSINESS BRIEFS

“She has made a huge contribution to the group as the architect and administrator of Pacific Link’s best practice governance and risk frameworks, both widely recognised as sector-leading.

“In addition, she has had a critical role in developing the strategic plan for the business; has played a major part in managing the delivery of Pacific Link services to tenants; and has also been the lead developer responsible for articulating Pacific Link’s role and capabilities in all tender responses.

“Her abilities, commitment and comprehensive understanding of Pacific Link and the sector make her uniquely qualified to fill the role of CEO at a time of unprecedented change and opportunity,” he said.

Qualified as a Chartered Accountant with Deloitte in London and subsequently in Sydney, Ms Wayland began her career in Australia with an ASX-listed financial services company.

She later co-founded a corporate superannuation consulting business that grew through multiple acquisitions over six years from a core team of 5 to a national business with 550 staff.

After selling out of the business, Ms Wayland looked for a local role on the Central Coast where she worked for several years as practice manager at a leading firm of chartered accountants before joining Pacific Link as Compliance Manager, in 2011. She has lived on the Central Coast for more than 20 years.

Chef buys Killcare restaurant and function centre

1960s Avoca milk bar finds new owner

Well known chef Jay Yorke has bought the Horizons Café Restaurant and Function Centre at Killcare Surf Club.

Mr Yorke set up the Latitude Thirty Three fine dining restaurant at Gosford Sailing Club some years ago with partner Rohan Wallace selling it in early 2016. He started his career as an apprenticeship at Crowne Plaza Terrigal in the hotel’s heydays in the famous La Mer Restaurant.

He then went on to work in some of Sydney’s finest restaurants before returning to Gosford.

Mr Yorke was attracted to the amazing location at Killcare with a huge wedding function business that is booked well in advance.

Former owners Barrie and Amanda Gibson have sold to pursue other business interests.

Graham McMullen from Argyle Estates Business Brokers negotiated the sale making the comment that this business attracted many enquiries but it needed a buyer with restaurant/function experience.

The iconic Hi-Tide Milk Bar at Avoca Beach which has been in continuous operation since the 1960s has been bought by Rox Gallaher.

Former owners Trevor and Julie Vogt will return to South Australia after owning the business for five years.

Graham McMullen of Argyle Estates Business Brokers negotiated the sale and commented that the greatest enquiry came from Avoca residents so it was ironic to sell it to Ms Gallaher who came from London.

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NEWS

Grand opening for world-class Marina CONTINUED FROM PAGE 7

Twilight at the Koolewong Marina at Marmong Point. We are committed to ensuring our marinas are of the highest environmental standard through participation in programs such as Clean Marinas. Marmong Point has fully embraced the opportunity

to meet the Fish Friendly criteria.” Of the Koolewong Marina Mr Binkin said that they would be applying the same environmental policy which gained them the Fish Friendly Marina status.

Westpac branch closures Lack of customer support has been claimed as the reason behind a swathe of Westpac branch closures across NSW and Victoria announced towards the end of 2016.

On the Central Coast Westpac closed their Umina Beach branch just prior to Christmas drawing the ire of Peninsula Chamber of Commerce President Matthew Wales.

Mr Wales said the decision was corporate greed by one of the big four banks. “I am sick and tired of the big banks’ attitude to local retail centres and this decision by Westpac reinforces my view that the big banks are out of touch with local communities,” he said.

Westpac regional manager Mr Adam Wilson confirmed that following the closure

all Peninsula banking operations were being shifted to the Woy Woy branch in Blackwall Rd. Real estate agent Tom Tregent said it was disappointing considering that Umina is such a vibrant shopping centre with several large players in town. These include major supermarkets, Woolworths, Coles, Aldi and Bunnings.

All Big 4 banks operate full branches at Woy Woy on the Peninsula with the Commonwealth also at Umina Beach.

Branch closures at Kincumber and Wyoming Westpac have closed their Kincumber branch as well and have signalled that they will close their Wyoming branch in the near future.

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Premier waffles on Council election date NSW Premier, Gladys Berejiklian and her 22-member Cabinet team visited the Central Coast in mid-February giving local business and community leaders the opportunity to meet Ministers and discuss the important issues facing the region as we head towards a population increase of 75,500 by 2036.

The fact that the Premier made the Central Coast the first area outside Sydney for a Cabinet visit obviously is an indicator that the region, now with a population of around 340,000 has some clout. Only a couple of councils in the City have similar populations.

It would also have to be significant that the Gosford / Wyong council merger has been the only non-contentious merger in the State. The people of the Central Coast have been getting conditioned to such a merger, on a voluntary basis, for many years with most being over the never ending petty squabbling between the two councils that have cost the region mega millions in infrastructure over fifty years.

So it was that the Premier and her Ministers got a positive welcome.

However, for some reason when asked to set the date for Council elections which should be sometime in September, Ms Berejiklian would not be drawn on a date.

In any event Council Administrator Ian Reynolds appears to be working towards a September election date.

Who will be standing?

CCBR has been casting around to get an indication as to who has an interest.

The two major parties are too busy worrying about the Gosford bi-election so there will be no announcements for quite some time from the Liberals or the ALP. Hopefully though they will come up with some new faces and give the people of the Central Coast some candidates who want to make a positive contribution and not just sit there and play politics.

Every indication is that former Wyong Mayor Doug Eaton will stand and so will his previous running partners Greg Best and Lloyd Taylor.

CCBR has been advised that Andrew Church, Founder of the Central Coast Interactive War Exhibit and CEO of the Kreative Kaizen Group and author will be putting his hand up.

Mr Church has a strong business management background and the capacity to do the job.

PROPERT Y NEWS

Inaugural Developers Forum held to activate development on the Coast CENTRAL COAST COUNCIL is looking to activate town centres and deliver housing choice for its growing community. Council held its first ever Developers Forum in late February to help get the development industry on board with meeting that challenge.

Over 140 industry leaders and development representatives were given an overview of the key growth challenges on the Coast and directly asked how Council could better work with them to deliver the right housing, employment and environmental outcomes for the community.

Council Administrator, Mr Ian Reynolds, said he was pleased with the interest from the development sector to explore ways to improve planning processes to ensure we get the right development in the right place while maintaining the enviable Coast lifestyle.

“Yesterday we started a conversation about how Council and the sector can work together to deliver the housing and infrastructure our extra 70,000 new residents will need,” Mr Reynolds said.

“We need to ensure our planning controls and policies deliver the development we want – sustainable and innovative – and that developers are able to build.

“We need to get developers on board with our real and exciting plans to activate our town centres and public spaces and to make the Coast the very best it can be.”

Council Group Leader Environment and Planning, Mr Scott Cox, said the forum was a great opportunity to get direct feedback

Members of the property development industry attending the first Central Coast Developers Forum on Council’s various planning and development controls and how they can best meet the needs of the Coast.

“We need to provide 41,500 additional houses by 2036 to meet the population increase on the Coast and the Premier has already set the benchmark at 40 days to turn housing DAs around.

“I told the forum Central Coast Council is aiming to beat this standard, so Council is not standing in the way of new housing and we can get sustainable development in this area moving faster.”

Council Group Leader of Assets, Infrastructure and Business, Mr Mike Dowling, outlined key projects underway on the Coast to support the increasing number of housing and jobs the Coast will need to continue to thrive and prosper, including the Tuggerah Regional Sporting Complex, Central Coast Airport, Regional Performing Arts Centre and Regional Library in Gosford.

Due to the high interest in attending the forum, Council is planning on holding an overflow session for those who couldn’t make it to the initial meeting.

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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...

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CENTRAL COAST BUSINESS REVIEW MARCH 2017

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

TUGGERAH - MASSIVE EXPOSURE BUILDINGS & YARD!

Zoned B6, offered as a combined total site of 1733m2 (approx.) or smaller options 1100m2 (approx.) & 633m2 (approx.). Make time to come and inspect this flexible, great value property with huge exposure on Tuggerah Straight! Various building configurations available.

FOR LEASE FROM $90,000 NET PA + GST

BEST VALUE LARGER UNIT AROUND!

Fantastic factory unit is approx. 288m2 with high and wide roller door, mezzanine, office and is positioned at the end on the Western side of the complex.

Close to the M1 Sydney-Newcastle Motorway and Lakehaven Shopping Centre.

FOR SALE $330,000 + GST/ FOR LEASE $30,000 GROSS PA + GST

BRAND NEW PREMIUM QUALITY - GIBBENS RD

Open for business. 120m2 tilt panel industrial units with 20m2 mezzanine. Architecturally designed, security gated complex, 3 phase power, NBN connected, Clear panel sky light, shower & toilet.

FOR LEASE $430 Gross PW + GST

DOYALSON

The only industrial complex within a 10km radis.

500 meters to motorway link. Small industrial estate serving large residential suburb 125m2 high clearance zoned IN1 has 3 phase power - Separate reception entry.

FOR LEASE $400N/pw + GST + Outgoings

SOMERSBY - INVEST OR OCCUPY

Fully fitted out commercial kitchen with stainless steel benchtops/splashbacks & coolroom plus stunning air-conditioned office space & showroom, male & female amenities & kitchen/lunchroom.

FOR SALE $699,000 + GST

THORNTON - PRIME POSITION WITH EASY ACCESS!

Highly visible location for this freestanding showroom/warehouse of 360m2 plus a 300m2 mezzanine storage/display area. Roller door access with covered loading bay. Air conditioned office plus kitchenette & amenities.10 on site car spaces, plus overflow parking if required!

FOR LEASE $69,000N/pa + Outgoings + GST

UNIT 3 / 10 ENTERPRISE CLOSE, WEST GOSFORD FOR LEASE: $25,000 + Outgoings + GST

THE COMMERCIAL AND INDUSTRIAL SALES, LEASING AND PROPERTY MANAGEMENT SPECIALISTS.

14 ENTERPRISE CLOSE, WEST GOSFORD FOR SALE: $580,000 + GST

Operating in Gosford CBD since 1984, Citicoast Realty has a long history of delivering sound advice and reliable, friendly and efficient service.

Sleek, modern showroom warehouse of 230m2, including 45m2 of open mezzanine storage space.

Concrete construction, showroom style shopfront, high internal clearance, electrical roller shutter and 3 phase power. The unit has two (2) allocated parking spaces.

D.A. approved industrial land in West Gosford. Brand new D.A. just approved for two large, high clearance warehouses of 458m2 each. Both have additional first floor mezzanine offices of 77m2 each. Lot size is 2,041m2 (approx.), zoned IN1 General Industrial and positioned on the high side of Enterprise Close.

UNIT 8 / LOT 7 KETCH CLOSE, FOUNTAINDALE FOR LEASE: $26,000 Gross + GST

Total area of 228m2, ground floor position in tightly held Fountaindale industrial area. Concrete construction, regular in shape with high internal clearance, hi bay lighting, container height roller shutter, 3 phase power available and internal amenities, including toilet, shower and kitchenette. Great truck access and onsite parking, and close to the Sydney/Newcastle M1 Motorway. Available now.

Ph 4324 1322

to discuss your property requirements 87 Mann Street, Gosford NSW 2250

www.citicoastrealty.com.au

222 THE ENTRANCE ROAD, ERINA FOR LEASE: EXPRESS YOUR INTEREST!

700m2 (approx.) freestanding building in a high profile position in Erina’s main thoroughfare.

The building includes a full commercial kitchen, complete with walk in cool room and freezer, ample retail space with easy access, and excellent storage options. With ample onsite parking and a superior location, this space could be adapted for a multitude or uses. Enquire now and express your Prices shown withthis * are inclusive of GST. interest in leasing property!

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

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AFFORDABLE OFFICE SPACE IN GOSFORD CBD !!!

Positioned within Gosford CBD, only minutes to public transport. Approximately 193m2 of affordable office space on the first floor. Available NOW. FOR LEASE $25,000G/pa + GST

KINCUMBER INDUSTRIAL HUB!

Situated in the popular Kerta Rd industrial hub & located 7km to Terrigal, 12km to Gosford & 91km to Sydney. Features; 120m2 approximately factory space & office space, High & wide roller door with easy access, Separate office area & 2 car spaces, Separate toilet & shower.

FOR LEASE $22,000N/pa + GST

WEST GOSFORD COMMERCIAL KITCHEN!

This fully operational commercial kitchen approx.

160m2 with air conditioned office approx 30m2.

In addition to this is a council approved storage mezzanine approx. 20m2. Comprising of coldroom, freezer, 2 x food preparation areas. Bottled gas & 3 phase power with outlets in both prep areas.

FOR LEASE $27,300N/pa + GST

CENTRAL COAST BUSINESS REVIEW MARCH 2017

FOR SALE $399,000 13/227 Main Rd, Toukley

PRICE REDUCED!!! Owner wants it sold!

Quality fit out in place!

FOR SALE $1.28m 310 West Street, Umina

Main street - Umina Beach – Freehold

& 216 m2 open plan activities room, 3 consult rooms & waiting room & Water & waste in 3 consult rooms & Staff kitchen, shower & amenities with air conditioning & Would suit medical users

& Currently tenanted by only News Agency in Umina & Lease expires 30/9/2019 & Tenant pays all outgoings & Located in highly desirable tourist destination

Ben Purdue 0450 719 600

Andrew Dunn 0458 864 236

PROPERT Y NEWS

Sydney investor buys The Entrance investment property on 5.04% return

Antony Scarcella from L J Hooker Commercial Central Coast negotiated the sale.

A SYDNEY BASED lawyer has paid $1,250,000 (GST not applicable) for an investment property at 25-27 Fairview Avenue, The Entrance showing a net return of 5.04% per annum.

The property on a 605 sqm lot com-

SALES 6.74% return for The Entrance investment property

A Melbourne based SMSF investor has bought Unit 1 at 56 The Entrance Road, The Entrance paying $$750,000 (GST not applicable) returning 6.74% net per annum.

The ground floor level strata lot is leased to a law firm on a 5 x 5 x 5 lease and a firm of cleaners on a one year only lease. Net total rent is $50,563 per annum.

Ben Purdue from Raine & Horne Commercial negotiated the sale.

prises 4 shops with total area of 435 sqm with two tenants, a health food store and Italian café/bakery. Total net rent is $63,045 per annum.

Ben Purdue from Raine & Horne Commercial negotiated the sale.

4.9 sqm industrial lot in West Gosford sold A 4,911 sqm triangular lot with driveway access off Stockyard Place, West Gosford has sold for $$545,000 plus GST. 14 Stockyard Place is zoned IN1 General Industrial.

The local buyer intends to hold the property and build on it in the future Mark Davies from McGrath Central Coast negotiated the sale.

Berkeley Vale retail / residential investment sells to Sydney investor A Sydney investor has bought a retail / residential investment at 156 Lakedge Avenue, Berkeley Vale.

The well constructed brick property comprises 146 sqm ground floor space fitted out as a café/takeaway with rear access currently leased on a 3 year lease with 3 year option commencing November 2015 at a rental of $1,750 per annum plus Outgoings and GST. A vacant first floor residential flat forms part of the property Chris Watson from Chapman & Frazer Real Estate negotiated the sale Sydney investor buys vacant Platinum office suite A Sydney investor has paid $290,000 excluding GST for a vacant 51 sqm west facing office suite in West Wing at Platinum Building, Erina which also includes a secured allocated car parking space.

Owner occupier buys Woongarrah development opportunity A local owner occupier has purchased a 3.24 Ha lot at 177 – 199 Hakone Road, Woongarrah paying $1 million plus GST. The gently sloping lot, zoned RU6 Transition and E2, is on the corner of Harkone and Hiawatha Roads. An old dwelling is located on the property.

The property last traded in 2008 for $1,571,545 (Source RP Data) The sale was negotiated by Ty Blanch from LJ Hooker Commercial Central Coast.

Berkeley Vale industrial site sold A local business operator has purchased a 3,302 sqm level rectangular lot at 7 Corella Close, Berkeley Vale paying $525,000 plus GST. Ty Blanch and Bernie Nash negotiated the sale.

Indoor rock climbing business buys at West Gosford.

Pulse Climbing, an indoor rock climbing business has purchased a brick veneer warehouse building at 8 Grieve Road, West Gosford paying $1,010,000 plus GST. The property on a 1,739 sqm level lot comprises stand alone factory / warehouse building with ground floor footprint of 538 sqm with 28 sqm office/showroom plus male and female amenities.

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

Local investor buys Somersby property A local investor has paid $2.2 million (GST not applicable) for an industrial investment property at 10 Pile Road, Somersby providing a return of approximately 8% net return per annum.

The property with a site area of 5,729 sqm comprises 1,595 sqm of factory / warehouse building with extensive hardstand.

It is leased to Price Chemicals Pty Ltd on a 10 year lease that commenced March 2015 with gross rent of $190,000 per plus GST. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the lease

CENTRAL COAST BUSINESS REVIEW MARCH 2017

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PROPERT Y NEWS

PROPERTY LEASINGS NDIS provider leases space in Wyong NDIS provider, New Horizons Enterprises Ltd have leased a 250sqm ground floor office space at 29 Hely Street, Wyong.

Terms of lease are 4 years with 4 year option at a rental of $56,476.50 including Outgoings plus GST. Daniel Mason from Chapman & Frazer Real Estate negotiated the lease.

Formwork company leased vacant Gosford site Formdex Pty Ltd has leased a 1,600 sqm vacant fully fenced external yard with hardstand at 319 Mann Street, Gosford.

Terms of lease are 3 years with no option at a rental of $18,000 per annum including Outgoings plus GST. Daniel Mason from Chapman & Frazer Real Estate negotiated the lease.

Online surfboard materials supplier leases at Long Jetty Online surfboard materials supplier, Sanded Australia, has leased a 190 sqm industrial bay at 190 The Entrance Road, Long Jetty.

Terms of lease are 3 years with 3 year option at a rental of $26,000 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease.

East Gosford café expands signs long lease Ministry Café has signed a 5 x 5 year lease for Shops 3 and 4 at 78 York Street, East Gosford.

The shops with an area of 58 sqm are located on a busy corner in the East Gosford shopping precinct Rental is $33,000 per annum including Outgoings plus GST. Karen Aubrey from L J Hooker Commercial Central Coast negotiated the sale.

Engineer moves into Mariners Centre of Excellence Tuggerah An engineering company has leased Suite 506 of 121 sqm in the Mariners Centre of Excellence, 1 Bryant Drive, Tuggerah.

Terms of lease are 5 years with 3 year option at a rental of $40,665 per annum plus Outgoings and GST. Ty Blanch and Brett Dowling from L J Hooker Commercial Central Coast negotiated the lease.

Wyong industrial leased Fuel Screen Australia has leased a 168 sqm unit at 12 Donaldson Street, North Wyong.

Terms of lease for Unit 1 are 1 year with 2 year option at a rental of $22,400 per annum plus Outgoings and GST. Mark Davies from McGrath Central Coast negotiated the lease.

Hairdresser leases at Tuggerah A hairdresser has leased Shop 1, 108 Pacific Highway (Tuggerah Straight), Tuggerah.

Terms of lease for the 80 sqm shop are 3 years with 2 x 2 year options at a rental of $18,000 per annum plus Outgoings and GST. Ty Blanch and Brett Dowling from LJ Hooker Commercial Central Coast negotiated the lease Physio leases Erina retail suite Little Humans Physio, a child physiotherapist practice, has leased Suite 13B a 62 sqm retail space at Palm Court, 172-176 The Entrance Road, Erina Terms of lease are 2 years with no option at a rental of $18,800 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease Women’s fashion start-up leases at Long Jetty A start-up women’s fashion and vintage clothes business has leased Shop 7 at 190 The Entrance Road, Long Jetty.

Terms of lease for the 95 sqm shop are 1 year at a rental of $13,200 gross including GST Ben Purdue from Raine & Horne Commercial negotiated the lease

Get results!

ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW MARCH 2017

RESIDENTIAL PRESTIGE PROPERT Y REPORT

Surfing at North Avoca The property: 10 North Avoca Parade, North Avoca. This 70-year old 5-bedroom beachfront cottage on a 556 sqm lot has been in the same family for fifty years.

The price: $2.8 million The buyer: A Central Coast family The sale: The property was listed for Auction in early December to capture the holiday market with a February auction date. It was marketed by the Ray White Sydney media team and gained editorial exposure in the Sydney media and online.

The agent: Shaun and Kristy Hudson-Smith from Ray White Terrigal who said the highend market is surging again with interest in the $2.5 to $6 million price range.

Secluded bushland setting at Pearl Beach

Exclusive beachfront home with sweeping water views

The property: 15 Cornelian Road, Pearl Beach. This 3-bedroom house on a 829 sqm secluded bushland lot overlooks the beach and is only a few minutes walk away.

The price: $1.2 million The buyer: A couple from the North Coast The agent: Stuart Gan from PRDNationwide Ettalong Beach

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The property: 8 Green Point Road, Pearl Beach. This 4-bedroom architect designed residence is superbly positioned on a fully landscaped and elevated, north facing, absolute beachfront block. It enjoys sweeping water views of the entire beach from the main bedroom, balconies and living areas. It is configured to provide separate fully selfcontained 2-bedroom accommodation on the lower level including separate access.

The price: Above $3.2 million The buyer: A Sydney couple The sale: The property was marketed using PRDNationwide’s client database.

The agent: Stuart Gan from PRDNationwide Ettalong Beach

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

CENTRAL COAST BUSINESS REVIEW MARCH 2017

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COMMEN T

NSW Coastal Management SEPP 2016 – A challenge to property rights By Craig Hillman (article written for CCBR) AS AUSTRALIAN’S WE hold property rights immutable, however that assumption is under challenge from NSW Minister Rob Stokes who has introduced a new State Environmental Planning Policy ( Coastal SEPP 2016) that launches an attack on property rights in NSW. “Environmental” is the key word here as Stokes’ staff have confirmed that there has been no consideration of the economic or social impacts of the proposed policy which will impact tens of thousands of properties in NSW, the SEPP is a purely enviro centric document that does not consider the economic or social impacts it will deliver.

Far from being an exclusively coastal policy, the impacts will be felt by western Sydney and stretch inland to Campbelltown and include all tidal waters in NSW. Property owners who find themselves in a “coastal vulnerability” zone will be subject to mandatory consideration of development constraints including “time limited development consent” and the enforcement of “ambulatory boundaries” on previously fixed line property plus financial responsibility for beach nourishment in perpetuity.

Locally, not just our beaches are impacted, this vulnerability zone could extend to communities within Brisbane Waters and impact more that 4000 estuarine properties.

To date Mr Stokes’ department has declined

to publish coastal vulnerability mapping, so it is impossible to forecast the full impact, however mapping for local government coastal hazards is included and the SEPP in part advises some equivalency between the two zones.

New state wide Coastal Wetlands & Wetland Proximity mapping has been exhibited including Brisbane Waters suburbs such as Davistown where existing residential property has been declared “wetland” and development prohibited, a significant boundary has been imposed surrounding wetlands titled “wetland proximity” that will impact small acreages surrounding the estuary and commercial development in town centers including Woy Woy. The SEPP removes the existing right of property owners to install emergency protection following coastal storms, promoting instead a convoluted development application process with requirements that in most cases cannot be satisfied by the proponent.

Even councils are required to remove temporary coastal protection within 90 days of installation. In short, solutions assured to fail.

Currently on exhibition, the SEPP mapping is manifestly incomplete and inaccurate as it fails to identify property that will ultimately be worst affected by the legislation – a strategy that denies the thousands of property owners most affected the right to offer informed comment.

Despite repeated prior assurances to the contrary, Mr Stokes has delivered a de facto form of “planned retreat” to our coastal communities in the form of “time limited development consent” through which by stealth land owners will see their properties devalued and eventually sterilized from development then finally vested to the Crown without compensation. This expropriation of private wealth and property will be felt beyond the limits of those directly affected, reaching in to the economic and social hearts of local communities along the NSW coast.

In the face of projected climate change Minister Stokes’ Coastal SEPP fails to promote any form of protection or adaptation for coastal communities opting instead for constraint of future development potential and finally the expropriation of private property and wealth.

Surely, in the face of projected future threat a preferable option would be to encourage long term adaptation through medium to long term re development of communities incorporating the resilience required to meet future challenges. Sadly Mr Stokes and his much vaunted Coastal Management legislation fails to deliver this surety.

At one time it would have been unthinkable that a Liberal government could inflict such inequity and damage – times have truly changed.

Bipartisan tax cut support vital for small business confidence

By Kate Carnell, Australian Small Business and Family Enterprise Ombudsman In order to truly instil confidence among small business owners, all politicians must embrace the proposed tax cut for businesses with a turnover of up to $10 million, allowing the sector to grow and thrive well into the future.

Confidence is everything in small business; confidence leads to growth, which in turn leads to more jobs; more jobs for school leavers, more jobs for working parents, more jobs for older Australians.

However, we risk undermining this confidence when one of the major parties continues to argue against what would undeniably be a vital stepping stone for future expansion in the sector.

Despite acknowledging their importance to the overall health of the economy, the federal opposition continues to oppose the flagged tax relief for small businesses.

The idea that the definition of a small business should be limited to those with a $2 million turnover is quite frankly outCENTRAL COAST BUSINESS REVIEW MARCH 2017

dated; there are many mum-and-dad operated small businesses around the country that are turning over well in excess of that figure, but they are by no means a "big" business. And let's not forget, we're talking about "turnover" here, not profit.

Lowering the company tax rate to 27.5 per cent for businesses with a turnover of up to $10 million will achieve two primary objectives. First and foremost, it creates an opportunity for thousands of small businesses to invest and expand their enterprise. Second, it sets out a challenge for the sector to harness the possibilities that are now in front of them, and seize the chance to innovate and employ, which benefits everyone.

Owning and operating a small business can be hard – I should know, I did it for many years – so I speak from experience when I say business owners won't pocket the savings from the tax break, they will reinvest it; they will spend it on new plant

and equipment or they will hire that extra employee they so desperately need.

Latest figures show confidence in the small business sector is at its highest level since 2010 with more than four times as many SMEs now feeling confident compared with those who are "worried". Let's keep that momentum going.

Close to four million people are employed by small businesses in Australia.

Unlike large businesses, the tax revenue generated by this sector is on the rise, so their importance should never be underestimated, and their growth shouldn't be taken for granted.

I'm encouraged by the support of the Senate crossbench for small business tax relief and I call on Labor to do the same; if small businesses are to confidently invest their time and money in the future, they need to know both major parties support them in their endeavours in the months and years to come.

BUSINESS TIPS

ADVICE Who really owns your business?

MPLOYERS

ur arge can anage rce, r trade reduce s comp

By Warwick Ryan, Partner, SWAAB Attorneys

ck Ryan com.au YOU DO, RIGHT? After all, it’s you who

started it and grew it. And it’s you who pays

s the rent and the staff. The customers are um Building, customers of the business, aren’t they? Sure, RINA NSW 2250

your employees have the direct relationship with the customers, but the customers belong to the business…don’t they?

It comes as a surprise to many business owners that for employees without an employment contract which contains a properly constructed “restraint of trade”, the law will offer little, if any, protection in

a situation where an employee leaves and takes “your” clients with them.

Often we see thriving businesses crippled when a key employee (or employees) leaves employment and sets up shop down the road or round the corner. Perhaps they join your competitor or go into business by themselves.

In businesses in the service industry, sometimes the only “product” being sold is the personal service your employee provides your customer. It is perhaps understandable then that a customer might want to follow wherever your (ex) employee goes. Even in businesses which make and sell something more tangible, customers might wish to continue to buy the product from their favourite sales person, if that’s what they have always done.

Unless you have in place employment contracts which contain properly drafted restraints on former employees approaching customers, or accepting work from them, post-termination of employment,

there may be little you can do to challenge the position.

A court won’t enforce a restraint for longer than is “reasonable” and a valid restraint of trade that lasts for over 3-6 months is very rare. However, even a prohibition on a former employee not contacting clients for a few months may give you sufficient time to make sure customers stick with you going forward (through special offers, introductions to your new star employee, etc).

We therefore strongly recommend you review your existing employment contracts to check whether they contain a valid restraint of trade. If you are looking to purchase a new business you should always ensure that any employees you are taking over have a restraint in their new contract with you.

Otherwise, when two key staff leave to start their own business, the business you paid a vast sum for – was really owned by someone else.

Why you need a Cloud based accounting system more than ever

By Troy Marchant, Director, Robson Partners Chartered Accountants IF YOU READ the business pages, you’ll notice the rise of cloud accounting systems, and you might be wondering “is this for me”.

I want to share with you some key take outs of what I am saying to my clients at the moment.

Access any time, any place If you own a mobile device, chances are you want to be able to do things on the go. As such, the face of business ‘on the road’ is changing. A cloud accounting system does exactly this.

Imagine being able to enter sales quotes into your system in real time or raising sales invoices on the spot using a mobile device Similarly, perhaps you are on a plane, and you fancy checking your financial situation to see whether you are on budget for the quarter. This is why I love XERO.

One data file, multiple access With cloud accounting, team members can now access the same file. This can cut down on convoluted procedures at the end of financial year. With the simple click of a button (and entirely at your discretion), you can give your bookkeeper or accountant access to your data file.

As a Chartered Accountant, nothing annoys me more (and it should annoy you too) than seeing a clients accounting file not agreeing to the accountants report. If you are in the cloud, its possible through good collaboration to have 1 version of the “truth”.

Real time information Quick story. Last Saturday I had a business owner who made an offer on a house at auction, which was accepted (gulp!) without him obtaining formal approval for finance (gulp gulp!). Despite his confidence “that he would get the finance”, he rang me immediately and said can we meet 9am Monday and submit an application to the bank.

By 11am, through the power of real time accounting (he was using XERO), we had submitted the company financials, and had indicative approval.

If he was using a non-cloud based product (like many businesses still are), this wouldn’t have happened. Its all about speed and confidence.

It’s cheaper Cloud accounting saves you money, regardless of your business size. As the data file is stored ‘in the cloud’ (meaning, on someone else’s server, not yours) and assuming you move your mail and document management to the cloud as well, you have no need to buy, upgrade or maintain a physical server.

It’s safer Today, the biggest concern raised about cloud accounting systems is security—concern about financial data being stored offsite.

But think about this: the cloud accounting providers store your data in highly secure storage facilities (apparently guarded by people carrying guns!); the system uses standard bank encryption (so your data is unreadable to a hacker); daily backups are automatically carried out on your behalf. To me, that sounds somewhat safer than having your data file sitting on a server under your desk, backing up manually, and then taking a copy offsite in case your building burns down overnight.

Summary Cloud accounting is the way of the future – and it is not going to stop with accounting.

From streamlining debtors, to workflow, to timesheets, to HR, to Sales – the list goes on – ultimately to keep up with competition you are going to have to adapt or perish to this new world that is here.

CENTRAL COAST BUSINESS REVIEW MARCH 2017

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FUNNY BUSINESS

A STOCKBROKER WAS cold calling about a penny stock and found a taker.

“I think this one will really move said the broker, it’s only $1 a share.”

“Buy me 1000 shares.” said the client.

The next day the stock was at $2. The client called the broker and said, “You were right, give me 5000 more shares.”

The next day the client looked in the paper and the stock was at $4.

The client ran to the phone and called the broker, “Get me 10,000 more shares said the client.”

“Great!” said the broker.

The next day the client looked in the paper and the stock was at $9.

Seeing what a great profit he had in just a few days, the client ran to the phone and told the broker, “Sell all my shares!”

The broker said, “To whom? You were the only one buying that stock.”

At 3:00 a.m. the young wife shook her husband awake, telling him to check the baby.

He sat up for a full minute listening, then protested, “But I don’t hear her crying.”

“I know.” she replied, “It’s your turn to go see why not!”

A man went to apply for a job. After filling out all of his applications, he waited anxiously for the outcome.

The employer read all his applications and said, “We have an opening for people like you.”

“Oh, great,” he said, “What is it?”

“It’s called the door!”

It was well known that a certain lake was very poor for fishing up north, but a fisheries inspector happened to notice

@OrganiseInt

info@organise.net.au

CENTRAL COAST BUSINESS REVIEW MARCH 2017

that one guy kept coming home with his limit of fish on several occasions.

He asked the guy: “How is it that you are catching fish out of that lake when no one else can?” The guy replied: “Well I am going back up there tomorrow, why don’t you come along?” And, so the fisheries inspector did. They were in the boat when the fisherman reached over and lit a stick of dynamite and then tossed it overboard. BOOM!!! There were fish floating to the surface all over! The inspector freaked out, and said: “You can’t do that!

That’s illegal!”

The fisherman reached over and lit another stick and said: “Are you going to fish, or talk?”

tai’s. The lawyer started telling the accountant how he came to be there. “I had this downtown property in Memphis that caught fire and after the insurance paid off, I came here.”

The accountant said, “I had a downtown property, too, in Miami. It got flooded so here I am with the insurance proceeds.” The lawyer took another sip of his mai tai, and then asked in a puzzled voice, “How do you start a flood?”

Quote of the month “You will never find time for anything.

If you want time, you must make it.”

Charles Bixton

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