Central Coast Business Review March 2015

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CENTR AL COAS T

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Vol 26 March 2015 Published monthly (except January)

business review

SAMUEL YEATS From ‘entrepreneurial rookie’ to global IT business leader

Minister Turnbull in Wyong to discuss NBN rollout Imperial Centre refurb on target for July completion $300 million development set to revitalise The Entrance

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20,00 0 Cover story 4 Samuel Yeats – from ‘entrepreneurial rookie’ to global IT business leader

Business news 7 Minister Turnbull in Wyong to disucss NBN rollout 8 Paul Tonkin – Gosford’s 2015 Citizen of the Year 8 Imperial Centre refurb on target for July completion 9 $300 million development set to revitalise The Entrance 10 Interactive war exhibition opens 11 Nexus Smart Hub 12 Hilton’s opens Renault showroom 12 GO energy Group - from Strength to Strength 13 Waterside Gosford images released 13 Nexus Smart Hub takes off 14 Gosford Private Hospital appoints new CEO 14 Sue Hunter sets up events management business 14 Brendon Byrne-Bates joins Raine & Horne Commercial 19 TAFE boss looks to new horizons 21 Government puts MtPenang land on the block

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24 For a State Government talking about regional growth, what are they doing in Hamlyn Terrace? 25 Central Coast State of the Land at crisis levels 26 Redundancy, is it still a more convenient way of removing a difficult employee 26 How would your business stack up after a fire? 28 CCBR Cocktail Evening photos 29 BUSINESS DIRECTORY

Regular features 6 Edgar Adams’ Editorial 14 Business Briefs 19 Business Briefs 21 Property News 22 Commercial and Industrial Property for sale / lease 26 Business Tips 29 Central Coast business events calendar 30 Funny business 15-18 CONFERENCE & SEMINAR VENUES 2015 - FEATURE

Front cover: Samuel Yeats

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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CENTRAL COAST BUSINESS REVIEW MARCH 2015

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COV ER S TORY

Samuel Yeats – from ‘entrepreneurial rookie’ to global IT business leader By Phaedra Pym AS SOMEONE WHO almost embarked on a traineeship as a baker due to his ‘night owl’ tendencies, Samuel Yeats undoubtedly took the right ‘sliding door’ back in 2000. At the tender age of 16, Yeats chose to turn his back on bakery school, literally just before setting foot in the door, to pursue his entrepreneurial dream. Fast-forward to 2015 and Yeats and his team at UltraServe, the cloud and managed services company he founded from his bedroom as a teenager, have the world at their feet. Going from strength to strength, UltraServe is today not only a national market leader but is also gaining rapid traction on a global stage. This story takes a retrospective look at the UltraServe journey to date and shares some simple business lessons that any business owner could benefit from. Fascinated with technology from a very young age, Yeats was designing websites at school and in his spare time. The next logical step was to have somewhere to put those websites. While there were a few international options to choose from, Yeats believed it was time for Australia to jump on the web hosting bandwagon. And so, renting a server from Canada, he began to put his IT talents into action, starting with the hosting of a few friends’ and family members’ websites before making the most of a “lucky break” when a major Telco went bust in 2000. After continuously “pestering” the Telco’s receivers to grant him access to their client

database during lunch breaks while in year 10 at Erina High School, a move reminiscent of Sir Richard Branson’s early days as a budding young entrepreneur, Yeats’ persistence paid off. The Telco’s receivers handed him a contact list of hundreds of small business clients who were now without a hosted website and access to emails. For Yeats to not only see the opportunity but seize it with both hands and convince the failed Telco’s clients that they should sign up with him for their web hosting needs was quite remarkable, especially given his age and lack of business experience. But when you listen to Yeats role-play his pitch, using words like, “I can take the pain away of angry customers pestering you by fixing up their email,” it’s clear Yeats had a maturity and confidence well beyond his years. Yeats then called every client on that list after school and managed to secure dozens of them as his first business customers. “That was around the time I decided to finish school,” said Yeats. And so, with the full support and encouragement of his parents, UltraServe was born. To make a living while building the business Yeats pursued a job with the Sydney based company he did work experience with while still at school. “My boss was so supportive that he allowed me the flexibility to combine working for him on an hourly basis while getting my own business off the ground,” said Yeats. “He even gave me my own office space for the cost of a

coffee a day.” Thrown in to the deep-end with a team of people whose average age was more than double his own proved to be an invaluable experience. As far as running a business was concerned, Yeats admitted to having to ‘learn on the fly’, making “a huge number of mistakes and learning the hard way,” in the process. Having had no interest in operational matters like invoicing etc., a childhood mate of Yeats since primary school days, Ryan Randell (who today holds the position of UltraServe’s International Operations Manager) would help him on weekends by completing the invoicing. Randell continued to work alongside Yeats in an operational capacity while completing tertiary studies. In Yeats’ words, Randell continues to “hold me accountable and focus on what’s important”. In 2003, Yeats decided it was time to go out on his own full time. To align with his small business customer base who were each spending $85 to $750 a year, his business model was to acquire as many of these ‘bread and butter’ clients as possible. But a major break later that year caused him to rethink his original business model. After a referral to a major bank and “a lot of work to secure the contract”, Yeats successfully signed them up for a critical system web hosting expenditure worth up to 1400 times the spend of his existing clientele. Almost overnight, Yeats’ business model changed from acquiring as many small web

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COV ER S TORY

hosting customers as possible to servicing a smaller number of large businesses, but doing it exceptionally well. From there the big business referrals started to come in earnest. Another key milestone happened when Yeats acquired a small hosting business, which happened to host the images for Ebay’s largest seller at the time. Today that customer is none other than e-Commerce giant, Deals Direct. From there, other major e-Commerce clients began to come onboard, including Catch of the Day and Appliances Online. All three started with UltraServe with around 5 to 10 staff and all have since grown to employ between 200 and 500 staff and earn annual revenues of up to $500 million. “That has been the most exciting thing for me – to see our customers grow and being there to support them through that growth in different ways at different times, all while we were growing alongside them,” said Yeats. There have been many significant career highlights since including being recognised in 2009 as an Anthill ‘30 Under 30’ winner and successfully launching Australia’s first cloud infrastructure at a time when the technology was still very new. But perhaps the greatest breakthrough of all came from a tweet Yeats responded to on New Years Eve 2013/14, which led to NBN Co Director and Internode founder Simon Hackett making a multi-million dollar investment into Yeats’ company. This decision has since ena-

Samuel Yeats and team bled Yeats to sign up new global customers and ramp up international expansion plans into New Zealand, The UK, Europe, the Americas and Asia. Yeats expects the expansion will at least double UltraServe’s current growth rate, all while remaining 100% Australian owned and while he personally stays grounded as a Central Coast family man and father of two. Key business lessons for Yeats during UltraServe’s meteoric rise include: • Constantly innovating and staying ahead

of change (as opposed to just keeping up with it), • Not being afraid to take a risk and fail, • Learning from the mistakes made by others who have been there before you, and • Putting more focus on the success of your customers than on your own success. As a final word, Yeats said, “Always trust and follow your gut and do what you feel is right.”

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EDITORIAL

Edgar Adams discusses local issues

Baird government has to be returned FOUR YEARS AGO NSW threw the union dominated Labor Government out of office. It was corrupt lazy and totally inept. It held government for sixteen years only because the Liberals were just as lazy and inept. When the Libs came in, the State was broke and the only clever thing that Premier O’Farrell did was appoint Mike Baird as Treasurer. Here was a person who understood numbers, knew that money doesn’t grow on trees and turned the State’s finances around without causing the furore that has come out of Canberra. NSW, and the Central Coast, were lucky too because no sooner had the Libs got in did the Independent Commission Against Corruption call an inquiry into donations by property developers. In no time at all we saw Barry O’Farrell fall, which was good news, to be replaced by Mr Baird which was even better news. But the best news of all was the downfall of one, Christopher Peter Hartcher, Member for Gosford then Terrigal for 25 long years along with his mates the Member for The Entrance and Member for Wyong.

On the basis that the Baird Government is returned can we get down to one voice on what the region’s infrastructure needs are. On Page 13 we set out a Infrastructure Priority List. It wasn’t dreamt up based on individual self interest. It was put together by Regional Development Australia – Central Coast and a number of organisations including Gosford and Wyong Councils, Department of Premier and Cabinet, NSW Business Chamber and others It is well thought out and we need to stick to it. Front page stories in the Central Coast Express about stadiums and universities only serve to muddy the waters in Macquarie Street and around the bureaucracy.

Unfortunately, however with all that the NBNCo thinks that numbers count and so it’s all about connecting homes, and that’s fine. But the two largest business areas on the Coast – Erina and Tuggerah including Tuggerah Business Park – are missing out. One has to wonder if there is some sort of conspiracy going on with a major telco who continues to fool customers around when the broadband is right outside their front door. Having said that, the Minister for Communications the Hon Malcolm Turnbull was on the Coast in Wyong last month and certainly picked up on the issues at Tuggerah Business Park. Edgar Adams Editor

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ICAC was good for the Central Coast, it has given us a fresh start. Certainly Premier Baird knows where the place is and Rob Stokes the Minister for the Central Coast is certainly more interested in the place than Hartcher ever was.

scaring people (as they are good at doing) about the sale of the Poles & Wires. Hopefully, voters will recall what they and the ALP got up to when they were in government just four years ago. NSW needs good stable government. We have that right now, so let’s not do what the Victorians and Queenslanders did – chuck out a good one term government.

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Meanwhile the rollout of the NBN network across the Coast is now gathering pace. In the next eighteen months around 110,000 premises will have access to NBN services. Of these almost 7,000 will be FttP and the rest will be FttN. Right now the Union Mafia has invaded No other region in Australia will be as the region in the lead up to the State connected as our region. Election, door knocking everywhere and Murrays_Erina-tamworth ad_small_update.pdf 2 2/17/15 10:24 AM

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GENERAL NEWS

Minister Turnbull in Wyong to discuss NBN rollout THE HON MALCOLM TURNBULL MP, Minister for Communications inspected the roll out of the National Broadband Network in the Wyong area with Federal Member for Dobell Mrs Karen McNamara last month and met with local telecommunication stakeholders as well as attending a ‘Politics in the Pub’ meeting with locals at the Dam Hotel. Minister Turnbull and Mrs McNamara met with Wyong Council Mayor, Doug Eaton, Acting General Manager, Greg McDonald and other senior Council executives, CCBR Publisher Edgar Adams and Ian Martin, a senior executive from Mirait Technologies Australia based in Tuggerah Business Park and undertaking some of the NBN construction on the Coast and elsewhere around Australia.

The Minister was briefed by Council’s CIO, Bob Platt on the roll-out of the NBN in the Wyong area with particular focus on Tuggerah Business Park and Council’s plans for Warnervale including the region- Wyong Council Acting CEO Greg McDonald, Minister for Communications The Hon al airport project, uni- Malcolm Turnbull MP, Member for Dobell Karen McNamara MP versity and Chinese theme park. Earlier in the day Minister Turnbull and Mrs Later over 200 people crammed the Dam McNamara inspected the progress of the NBN Hotel at Hamlyn Terrace to join Minister rollout at Tuggerawong. “Last December I Turnbull and Mrs McNamara, to hear about announced that nearly 40,000 households and the Government’s plans for broadband and businesses in Dobell would receive high speed the Central Coast. broadband by June 2016,” said Mrs McNamara.

Dobell premises to get broadband Thanks to the tireless efforts of Federal MP Karen McNamara most of the Dobell Electorate can expect to have access to the NBN by mid-2017. Premises - homes and businesses – east of the M1 Motorway will have Fibre-to-theNode service while those west of the M1 are likely to be serviced by NBN Wireless. Fibre to the Premises (FttP) services have been activated in Berkeley Vale, Killarney Vale, Tumbi Umbi and Long Jetty. Work is well underway with FttN construction in Bateau Bay, Shelley

Beach, Long Jetty (north), The Entrance, North Entrance, Chittaway and areas of Berkeley Vale, Tuggerawong, Wyongah, Warnervale, Woongarrah, Announcements for the remainder of the electorate can be expected in due course. Mrs McNamara confirmed NBNCo’s rollout plan through to 2016 in December last year. Those suburbs included: Bateau Bay, Berkeley Vale, Blue Bay, Chittaway Bay, Chittaway Point, Fountaindale,

Glenning Valley, Killarney Vale, Long Jetty, Magenta, Shelly Beach, The Entrance, The Entrance North, Toowoon Bay, Tumbi Umbi, Wamberal, Blue Haven, Canton Beach, Charmhaven, Gorokan, Hamlyn Terrace, Kanwal, Lake Haven, Norah Head, Noraville, Toukley, Tuggerawong, Warnervale, Woongarrah, Wyongah, Fountaindale, Kangy Angy, Lisarow, Mount Elliot, Narara, Niagara Park, Ourimbah, Wyoming, Jilliby, Mardi, Rocky Point, Tacoma, Tacoma South, Tuggerah, Wadalba, Watanobbi and Wyong.

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NEWS

Imperial Centre refurb on target for July completion

THE $15 MILLION refurbishment of Gosford’s Imperial Centre is on target for a July completion according to builder, Scott Allen, Managing Director of Pluim Commercial Contractors. “The project is proceeding quite well with facade work and Erina Street entry nearly complete. We have yet to start on the William Street entry and Centre Court,” said Mr Allen. He also commented that as the building was constructed in the early 70’s a considerable amount of work is being carried out on bringing the building up to current standards. This will be the first major investment in the Gosford CBD since the centre was built and represents a vote of confidence by the Lederer Family one of Australia’s richest families with extensive property and business interests across the country. Centre Manager, Deborah Warwick, commenting on the decision of Family head, Paul Lederer to make this investment at

this stage, said, “Mr Lederer has always seen potential in Gosford. He has been watching the market for a long while and seen the increase in confidence in the property market in Sydney, making Gosford more affordable. He says that Gosford is closer to the City than the Western Suburbs and sees the population moving this way.” Ms Warwick also said that Mr Lederer believes that if more businesses were given a good reception they would relocate to the Central Coast. New tenants coming on board Ms Warwick said that a national retailer has taken 285 sqm as an anchor tenant in the Fashion Precinct. This is a new concept on the Central Coast with four brands in one tenancy. She said several other national retailers are close to finalising negotiations. “We are looking for good quality local retailers to join us in the new Centre,” she said.

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Paul Tonkin - Gosford’s 2015 Citizen of the Year

WELL KNOWN WOY Woy lawyer, Paul Tonkin has been recognised in Gosford City Council’s 2015 Citizen of the Year Australia Day Awards. Senior Partner of Tonkin Drysdale Partners, and a dedicated and passionate advocate for the Central Coast community he gives his time and support to numerous organisations and is currently Chairman of the Central Coast Local Health District Board. He first became a member of the Central Coast Health Board in 1994. Since that time, he has also served on the former Northern Sydney Central Coast Area Health Service Board, and for the last four years has served as Chairman of the Central Coast Local Health District Board. Over those twenty years, Pul has strongly and effectively represented the Central Coast community in order to achieve the best possible public health services. He has been instrumental in many major milestones including the opening of the Woy Woy Hospital Rehabilitation Unit, Cancer Centre at Gosford and the recently announced funding for the redevelopment of Gosford Hospital. CONTINUED ON PAGE 26

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NEWS

$300 million development set to revitalise The Entrance THE ONE MAJOR project that has the potential to kick start The Entrance and get it back on the tourist map as the Central Coast’s key tourist centre is now before Wyong Council The much waited Development Application for the redevelopment of Lakeside Plaza Shopping Centre has the potential to be the largest development ever seen in Wyong Shire, according to Mayor Doug Eaton. Rising to 113.8 metres the proposed redevelopment will comprise of two towers with a shopping centre, shop top housing for 396 dwellings, a hotel with 100 rooms, a restaurant, multi-purpose function space, parking for 1325 spaces, a landscape podium with two pools, vehicular access, plant and loading areas. Mayor Eaton said the application had been lodged under Council’s ‘Key Sites’ provisions which allow for a bonus building height in return for significant public benefits and to stimulate further development and growth of the town centre. The new shopping centre will include: an updated Coles Supermarket and a variety of retail shops, Three stories of shop top housing facing The Entrance Road will be located above the shops extending along three street frontages (Dening Street, Taylor Street and The Entrance Road), At the rooftop level of the hotel building there will be a viewing platform and a lighting artwork is proposed as a gateway element associated with the retail tower.

The area to be developed covers a total of 20,900 sqm with frontages to The Entrance Road, Dening, Taylor and Warrigal Streets and is the most significant development site in Wyong Shire. Lakeside Plaza owner, Bob Dunnet acquired the shopping centre over 30 years ago and since then has added to his holdings so that he now owns all but one lot on the entire block. He has seen the potential of The Entrance and never given up on his dream to create an exciting development on the site which will be of benefit to the whole region. The project is of strategic importance to the revitalisation of The Entrance and will be a significant employment generator providing an estimated 1,200 jobs upon completion. With high unemployment on the Central Coast this should be welcome news to the local community and the region. Meanwhile, as an increasing number of property developers are lodging development proposals to develop at The Entrance traffic flows through Long Jetty are now a major issue. About ten years ago the main roads department changed traffic conditions into and through Long Jetty overnight and without consultation with anyone. Lakeside Plaza redevelopment image It had the immediate effect of slowing traffic flow intoLakeside, The Entrance particularly at The Entrance The Entrance Plaza Pty Ltd Prepared for Drawing Photomontage 25/11/2014 11:18:24 AM peak hours. holiday times and during both political parties in the lead up to the The problem has been an issue ever State Elections to address this issue. since however to absolve themselves the He is supported by Council and Mayor department now says it will cost $200 milDoug Eaton. lion to fix. “Presently, the RMS is carrying out a traffic The Entrance Chamber of Commerce study,” he said. “But with seven sites looking has had advice that the cost of improving to be developed in the next few years they traffic flows is around only $2 million which will need to take into account the current is logical. President John Millard is asking situation and future needs of The Entrance.

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NEWS

Interactive war exhibition opens A PRIVATE COLLECTION of more than 1,000 Australian military exhibits which has taken two decades to gather together by local resident and businessman, Andrew Church, opened up to the public in early February Known as the Central Coast Interactive War Exhibit (CCIWE), this amazing display of artefacts, uniforms, medals and equipment features some of the rarest finds in Australia and from around the world. “Collecting relics from World War One, War World Two, the Korean War, Vietnam War and the more recent campaigns has been a passion of mine and I have invested hundreds of hours of time and money into it�, said Mr Church “I decided with 2015 being the centenary of Gallipoli, the birth place of the ANZAC spirit, that I would take all of my exhibits out of their boxes and create an interactive display for the public,� he said. Mr Church has personally built life-like scenarios from different war times, complete with mannequins dressed in uniforms and sound effects. The Gallipoli scenario includes artefacts from the beaches of Gallipoli, along with a complete Australian Light Horse uniform and saddle. The Central Coast Interactive War Exhibit features a viewing area where school students will learn about Gallipoli, WW1 and the ANZAC spirit. Mr Church has written a presentation which is part of the education curriculum. He believes it is very important that young people understand the supreme sacrifice made by earlier generations for the freedom of our nation. Mr Church is a member of the Central Coast National Service Re-Enactment Group and takes part in ANZAC and Remembrance Day events on the Central Coast in full army uniform with his Lee

Andrew Church Enfield .303 rifle and bayonet and driving his fully restored WW2 Willys jeep. The Exhibit was officially opened by Federal Member for Robertson, Lucy Wicks MP on 31 January with military and civilian dignitaries in attendance. The opening ceremony and inspection of the Exhibit was televised by NBN TV. The Central Coast Interactive War Exhibit at 24 Tatura Avenue, North Gosford, will be open Saturdays and public holidays from 10.00am to 3.00pm and ANZAC Day 1.00pm to 5.00pm. Group bookings are available Monday to Friday by appointment. Cover charge: Adult $10, Family of 4 $25, Student $6, Pensioner $6, Children

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NEWS

Power price relief for business customers BUSINESS OWNERS ON the Central Coast can now look forward to competitive retail electricity offers, thanks to an initiative by local energy retailer, GO energy, based in Erina. Headed by well-known entrepreneur Adam Pearse, GO energy offers to reduce commercial clients’ electricity bills. “Our business model is structured to give our clients the best possible deal on retail electricity,” Mr Pearse stated in a recent interview. “Along with a range of renewable energy services, we’re all about having our customers consume less and pay less. We work with you to address consumption as the main approach.” As a local business owner, Mr Pearse knows all too well the fine balance between overheads and profit, and working with businesses to reduce their electricity costs has proven to be a win-win: “Our clients know they can rely on us, and in terms of retail electricity, there is no need for people to pay more for the same thing. We provide the same quality grid electricity as any of the big players, only at a rate that is better for your pocket.” Tim Gunasinghe, another familiar face on the Central Coast commerce scene, is a happy client of GO energy, incorporating a range of services across his businesses, everything from a solar Power Plant Agreement (PPA) to retail electricity contracts: “GO energy is easy to work with, and I was able to reduce costs almost immediately. Their method is simple and personalised.” As more small-to-medium enterprises across the Central Coast come on board

Solar panels installed on Fountain Corporate roof, Erina with GO energy’s offering, word is getting out and demand is increasing – not just for lower electricity costs, but also for the implementation of cleaner, greener energy generation. The drive to become energy self-sufficient through solar power, or even just the aspect of environmental responsibility, is strong among business owners in the area. GO energy’s range of services is brought to the market with a holistic approach. They can and do work within a range of industries, including hospitality, aged care, warehousing and more, to reduce consumption through a range of methods specific to that premises and their business operations. GO energy are available to assess your business needs and reduce your overheads now.

GO energy is available to assess your business needs and reduce your overheads now. Their ‘keep it simple’ approach is purposebuilt to suit even the most hectic operations, and although streamlined, the methods of addressing efficiency and reducing consumption costs are tailored to the unique needs of each client. Making renewable energy work in your commercial space is a positive step towards operational autonomy, while benefiting the environment and impacting local communities in a positive way. GO energy is the expert when it comes to implementing current efficiency measures, and their industry knowledge is vital in taking advantage of all available incentive schemes. Phone: 1300 433 633 Email info@goenergy.com.au

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BUSINESS NEWS

Hilton opens new Renault showroom

GO energy Group - from Strength to Strength

Urban Group Founders, Dean Walker, Rod Harvey and Adam Pearse Brian Hilton Renault Showroom BRIAN HILTON MOTOR Group has added a new Renault Showroom to their motor vehicle precinct at Wyoming. The showroom, which was built by Erina building company Stevens Construction features an extensive glass facade all round. The opening of the showroom coincided with the launch of Renault’s latest model, the Captur Dynamique which is the biggest selling SUV in Europe and is expected to be popular in Australia. It was opened in early by Brian Hilton Motor Group CEO, Josh Hilton, Phillipe Mady, Renault Australia Network Business Manager and Steven Tiexeira Renault Australia Network Business Development Manager – Provincial NSW/Qld General Sales Manager for Brian Hilton Renault, David Lyle, said that since Hilton’s

CENTRAL COAST BUSINESS REVIEW MARCH 2015

Phillipe Mady, Renault Australia Network Business Manager, Josh Hilton CEO Brian Hilton Group and Steven Tiexeira Renault Australia Network Business Development Manager – Provincial NSW/Qld acquired the Renault dealership in 2012 sales of the brand have increased from three per month to around twenty per month. “This showroom allows us to display all the Renault models including commercials in one area,” he said.

Local business, GO energy Group, commenced operations in 2010 and made rapid progression within Australia’s renewable energy industry. The group is reaping the benefits of continued growth in Clean Tech energy over the past 5 years and now has sights for a public listing on the Australian Stock Exchange. This ground-breaking renewable energy company have been working towards a merger with SOLCO, a solar firm based in Western Australia. This new chapter for GO energy Group on their great run of success. They have already brought feasible green power measures to a range of big-name clients, including Toys ‘R’ Us, Luna Park Sydney, Chemist Outlet and Panthers Group to name a few. With humble beginnings in the solar wholesale market and Renewable Energy Certificate (REC) trading through SolarFund CONTINUED ON PAGE 26


BUSINESS NEWS

Waterside Gosford images released IMAGES AND PLANS for the proposed Waterside project at Gosford were released to business leaders at a special function hosted by CCBR in late February (see photos Page 29). CKDS Partner Caine King explained the rationale behind the project design The project for New Hong Kong Macau Australian Pty Ltd, Mr King said that the 8,500 sqm site offered an opportunity for it to be developed as an urban renewal project that will revitalise the Gosford CBD. “In this design we have aimed at combing both urbanism and architecture. This project will be a "true mixed use development" allowing for a new entertainment quarter, retail shops, twin cinemas (within the old clock tower building), commercial, 572 residential units and hotel. These facilities aim to bring life back to Gosford City and reconnect the town to foreshore.” Three oval shaped towers rising up from a podium integrated into the project are planned with extensive open space. The Entertainment quarter will comprise restau-

Waterside’s Mann Street frontage showing commercial offices right and heritage listed former County Council entry that will form part of a 2-screen boutique cinema (left)

rants, cafes, tavern and two boutique cinemas along with a mid range 60-room hotel. In all a total of 13,000 sqm of lettable space will be created on this site with extensive basement car parking. The towers have been designed and positioned to facilitate view corridors for neighbouring city buildings. Mr King said that almost 50% of the site area would be landscaped open space with access from all three street frontages; Mann Street, Georgiana Terrace and Baker Street.

Waterside viewed from Brisbane Water showing Baker Street and Georgiana Terrace aspect with 3 residential towers.

Nexus Smart Hub takes off IT ONLY OPENED in December 2014 but the Nexus Smart Hub at North Wyong has been an instant success. Teleworkers and self employed people who include Start-ups, Freelancers and small businesses, have signed up to use the facility built by the Henry Kendall Group. Commenting on the success of the facility so far CEO, Damien Wilde said, “The next 12 months will see a steady period of growth not only for Nexus but also for the Co-working and Smart Hub industry as a whole. “Already the number of registered members exceeds our forecast at this point in time. This is actually quite surprising to me because despite the very real strength of the hub’s value proposition it is essentially a new concept and one that is often not well understood by many people in our community. Like the vast majority of new business ventures our journey to maturity and sustainability will be steady rather than rapid. “We are very confident about that journey however because facilities like Nexus Hub will increasingly become integrated into the fabric of how and where people work in the 21st Century. One of Australia’s largest companies is about to sign off on a 6 month trial for a significant number of their staff to work part of their role from Smart Hubs with a view to reducing their expensive CBD real estate nationally. That is one company and

Nexus Smart Hub at North Wyong only the tip of the iceberg in this new and exciting space,” he said. The hub has dedicated offices, work stations, kitchen facilities, break out areas, a timber sundeck and BBQ area. There is also a gym, recreation room and creative space called The Nexus Hive that hub members can access free of charge. Faster than the NBN Nexus has been designed and built as a high tech facility. Co-located with the Hypernode Data Centre the hub has faster than NBN redundant internet speeds of 200 megabit per second download speeds up

and down. Hub customers can utilise the shared public Wi Fi or request their own secure dedicated service. The hub also has state of the art video conferencing facilities that enables customers to access multiple locations as well printing and photocopying facilities. The hub has a full time Manager Sonia Pansare who ensures that hub members have everything they need to productive and comfortable in the space. Currently hub members can access work stations at a subsidized rate of $15 a day. Offices are available at a monthly rate of $600, or a weekly rate of $200 or daily for $35. CENTRAL COAST BUSINESS REVIEW MARCH 2015

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BUSINESS BRIEFS

Raine & Horne Commercial adds to team

The Raine & Horne Commercial team at Erina: Richard Ellis, Brendan Byrne-Bates, Allison Gane, Ben Purdue and Michael Nichols Brendan Byrne-Bates has joined the Raine & Horne Commercial team at Erina. The move follows the recent acquisition

of Coastal Property Agents’ rent roll and now the winding up of CPA. Mr Byrne-Bates established Coastal Property Agents four years ago in Gosford specialising in commercial property leasing and sales. He started his real estate career with Raine & Horne Annandale in Sydney some eighteen years ago and moving to the Central Coast four years later. Gosford Private Hospital appoints new CEO Healthe Care Australia Pty Limited, have appointed Matt Kelly CEO Gosford Private

4332 0177

Did you go to TAFE? If you attended Gosford, Ourimbah, Wyong or any other Hunter TAFE campus, the 2015 Hunter TAFE Alumni Awards are open to you! The Alumni Awards are open to all former graduates of Hunter TAFE and TAFE colleges on the Central Coast and Hunter regions (including Newcastle Technical College). To nominate or register as alumni, visit: hunter.tafensw.edu.au/alumni

Emma Denniss Accounting, Ourimbah Campus 2012 Student of the Year

For more information contact Foundation & Alumni Coordinator alumni.huntertafe@tafe.nsw.edu.au

Google Hunter TAFE CENTRAL COAST BUSINESS REVIEW MARCH 2015

Call 131 225

Hospital. The appointment took place on 1 December 2014. He joined Healthe Care in February 2014 as Deputy CEO to assist in the commissioning of the Gosford Heart Centre. This included 2 angiography suites, 8 Intensive Care Beds and 6 Coronary Care Beds Prior to this Mr Kelly worked with Healthe Care commissioning angiography suites at their Lingard Private Hospital in Newcastle and Mayor Private Hospital in Taree. Before joining Healthe Care he was Change Manager for the Regional Cancer Centre at Central Coast Local Health District. He comes from a nursing background and has worked in the United Kingdom and in major hospitals in Sydney and was also Service Development Manager for the Cardiovascular and Neurosciences Networks in the Northern Sydney Central Coast Area Health Service. He has lived on the Central Coast for the past four years. Mr Watts succeeds Sue Rigney who has been promoted to Deputy Regional Manager for NSW.

Matt Kelly

MA15008

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C O N F E R E N C E & S E M I N A R V E N U E S 2 0 15 F E A T U R E

Choosing the Central Coast for your next event THE CENTRAL COAST offers a wide choice of conference and seminar venues, services and facilities that rivals those in the city or elsewhere. Whatever your needs, the Central Coast with its convenient location, relaxed atmosphere and quality, professional facilities, venue choices and range of activities has the perfect offering to meet every taste – from small seminar groups to larger conferences, product launch or sales conference. How to Choose a Meeting Venue There are many conference and meeting venues on the Central Coast and Central Coast Business Review recommends the venues on these pages. When choosing a venue for your next meeting or conference there is more to consider than just the budget. Taking into account who is attending, from how far and how many are also vital considerations. When researching potential venues, pay particular attention to the service you receive as this will be indicative of the service your delegates will receive which will contribute greatly to the success of your event. Here are some questions to ask about any potential venue. Suitability • Does the venue fit the company’s corporate image? • Does it give the correct impression for this particular meeting? • Will it appeal to the target audience? • Will the venue staff add to the attendees’ experience in a positive way? Location • Is the venue easily accessible to those attending? • Is the location quiet and close to accommodation if required? • Is the venue location suitable for any extra events, shows or excursions that have been planned? Availability • Is the venue available on the dates required? • Are any extras such as equipment, accommodation, etc. available

on the dates required? • Hoe flexible are they if you have to change the meeting date? Size • Is the seating capacity suitable? • Are the meeting rooms large enough to provide a comfortable experience for those attending? • Are the meeting rooms well laid out? Do they allow for good views of the speaker without any obstructions? • Does the venue allow attendees to move around without bottlenecks and delays?

The Entertainment Grounds The Entertainment Grounds, formally Gosford Racecourse, is the Central Coast’s newest premier event precinct. Located in Gosford, The Entertainment Grounds is an indoor and outdoor, multi-purpose facility for functions, events, festivals, seminars, conferences, exhibitions as well as horse racing. The Entertainment Grounds boasts a variety of flexible spaces which can be tailored to suit your every need, whether it’s a team building event, conference, product launch or trade show. We can accommodate everything from theatre style seating to dedicated presentation areas, individual workshop rooms for exhibits or product demonstration areas, all in the same venue. Whether it’s for 50 people, or 10,000, our professional Hospitality and Events Manager and experienced events team are here to help. Plus, with ample free parking and the finest in house caterers, we’ve got everything covered. The Entertainment Grounds has the experience and the facilities to host your next event. Call our friendly team today on (02) 4325 0461 or visit the website at www.theentertainmentgrounds.com.au to find out more.

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Hosting a Seminar, Training Day or Conference? Why not book a function room at Wyong Golf Club. Our facilities are ideal for any corporate event. The Auditorium will hold up to 150 people or the boardroom seats 20 comfortably. Your function package can include meals and beverages. Try a corporate golf day - it’s a great way to build relationships with both existing and potential clients.

Call us on 02 4352 1361 for more information and bookings. www.wyonggolfclub.com.au

Gosford RSL Conferences Gosford RSL Club has five function rooms, boasting flexible layouts to host a multitude of events and conferences, from small executive sessions to extravagant gala dinners seating up to 200 people in the Coral Room. The events team are experienced in offering friendly and professional service and our chefs bring innovation, style and a culinary flair, with options from healthy and nutritious breakfasts and light lunches, to canapés, buffets and formal sit down dinners. Gosford RSL also owns and operates The 4 star Galaxy Motel with 50 suites, adjacent to the Club and The 3 star Ashwood Motel with 47 rooms located over the road. Combine our accommodation with our events facilities and your event is sure to be a huge success.

Contact The Function Team on functions@grsl.com.au or 02 4323 2311

P. 0410 199 220 Gordon@reviver.net.au www.reviver.net.au

www.grsl.com.au

Named as one of the best regional bars by Australian Bartender magazine, ReviveR provides service that is second to none, the largest range of spirits on the coast, delicious food and a carefully curated selection of Australian craft beers & boutique wines. So whether it be 5, or 50 guests, celebratory drinks, a board meeting or a unique staff training, talk to us about your requirements.

Linton Gardens function centre at Somersby is emerging as the premier corporate function venue on the Central Coast. It caters for corporate functions, product launches, conferences and training events, for between 10 to 300 people in a number of venue/room configurations. Linton Gardens boasts the necessary ingredients for a successful corporate event; air conditioned comfort, modern facilities, light and sound systems, screen/whiteboards, WIFI, data projector, comfortable chairs, all set in a peaceful natural environment. The room layouts are flexible and quickly configured to best suit the event. In addition, the venue offers smaller ‘break-out’ areas that are beneficial to those brainstorming and team discussions. A relaxing walk though the gardens will quickly get your team focused on those important issues. The venue is also popular with local companies that conduct team breakfast meetings for their mobile sales and service staff.

Linton gardens

Linton Gardens is set in a rural area on heritage-listed gardens. The gardens have been established for over 160 years and this tranquil setting is ideal to maximise the attention spans of conference patrons. The atmosphere is free from distractions and conducive for learning. The venue is fully catered and licensed. From finger foods to full a la carte dining is available, with a comprehensive selection of wines and refreshments. Food and drink packages are also flexible and can be tailored to suit the occasion and the budget. Our Packages start from $28.00pp. Travelling to Linton Gardens is easy, situated approximately 10 minutes drive from Gosford or 5 minutes from the F3 Freeway Gosford/Woy Woy exit, this location makes it easily accessible from anywhere on the Central Coast, Sydney or Newcastle. There is ample on-site parking for cars and coaches. Currently Linton Gardens are offering free room hire for all mid-week conferences. For more information call Linton Gardens on 02 4372 1444 or email info@lintongardens.com.au or visit our website www.lintongardens.com.au view our facebook www.facebook.com/terry.mansour.50 l 611 Wisemans Ferry Road, Somersby NSW 2250

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Facilities • Does the venue have a variety of rooms if required? An auditorium if necessary? Small rooms for break out meetings? • Can the venue provide a projector, electronic whiteboard and stationery. • Do they offer photocopying or fax services • Does the venue offer wi-fi internet access. Can they provide laptops or PC’s if required? • Are the rooms well ventilated and temperature controlled? • Does the venue have enough parking spaces? • Will disabled delegates be catered for? • Can they provide refreshments, tea/coffee, meals? • Are special meals provided for delegates with specific dietary requirements? • Is there a restaurant or bar for post-meeting networking and entertainment? • Can the venue also provide accommodation if required?

Cost • Does the venue fall within the budget for the meeting? • What is included in the price? • Does the overall cost compare favourably with other offers or venues? • Can they offer any discounts? • Can the price be negotiated? • Are there hidden costs? • When is payment required? • Is a deposit required and if so how much and how far in advance? • What is their cancellation policy? Will you receive a full or partial refund? At the end of the day you want to get the most out of your meeting and the venue you choose has to add rather than detract from the experience of those attending. So take the time to choose carefully.

The Springs, at Peats Ridge is the newest and most exciting function venue on the Central Coast. Located just 30 minutes from Sydney and 40 minutes from Newcastle, it’s stunning, stylish and will create a fabulous impression. It has the flexibility to host a variety of corporate and social functions or conferences.

Phone: 02 4373 1522 1080 Peats Ridge Road, Peats Ridge events@the-springs.com.au www.the-springs.com.au

Set on the idyllic and seemingly endless golf course, with panoramic views, the function and conference centre, restaurant, bar and pizza bar have been purpose designed to cater for up to 200 dinner or lunch guests, and 370 cocktail guests with additional space available on the expansive deck. The industrial chic furnishings, impeccably styled interior, flexible layout, tailored menus, superior service, and our commitment to delivering a first class experience will ensure a memorable function or conference that’s a success for your business. With a range of Golf and Corporate packages available and multiple conference spaces to suit any size or type of function, you are sure to find your next conference venue in The Springs. For more information contact our dedicated Function and Events team on 02 4373 1522 or events@the-springs.com.au. We will work with you to develop a concept, plan the function or conference, and execute the experience seamlessly freeing you to spend the time with your attendees. For more information contact our Function and Events team on 02 4373 1522 or events@the-springs.com.au

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Nestled into the high point of The Haven, boasting beautiful views of Terrigal Beach and out to sea, Splash is in the old Trojan HQ building. Your delegates will delight in the natural light filled room with fresh ocean breezes – no stuffy, windowless rooms here! Corporate packages are available or call us on 4385 9482 to discuss your requirements and we can tailor a package to suit your event. Splash can accommodate from 2 to 250 delegates with one end able to be curtained off. Splash is fully licensed so you can finish your meeting or seminar with drinks on the balcony watching the sun set over Terrigal Beach.

E info@splashterrigal.com.au W www.splashterrigal.com.au P 02 4385 9482 M 0417 686 195

DELEGATE PACKAGES STARTING FROM $50

BREAKERS COUNTRY CLUB

Nestled alongside Terrigal Lagoon and only two minutes from the heart of picturesque Terrigal, we offer modern function rooms with natural light, along with an award winning catering team. The Club also boasts a charming 9 hole golf course and bowling greens which can both be utilised for team building, accommodation can also be arranged for your guests. We pride ourselves on our flexible approach and our dedicated functions co-ordinator will discuss any specific requests you may have. 64 Dover Road, Wamberal. P (02) 4384 2661 E events@breakerscc.com W www.breakerscc.com

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PHONE 02 4367 8000 GROUND FLOOR PLATNIUM BUILDING 4 ILYA AVE ERINA

• CORPERATE & PRIVATE FUNCTION SPECIALSTS • FULLY LICENCED MODERN FACILITIES • CAFE MONDAY TO FRIDAY 7AM-5PM • PERFECT MEETING PLACE, BUSINESS OR SOCIAL • PLATTERS AND CATERING AVAILABLE • PASSIONATE, PROFESSIONAL & DEDICATED STAFF

G

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Restaurant, Bar, Functions

The House of Functions big or small

Your hosts delight in creating an impressive dining experience for any special occasion and can cater for up to 200 people inside and out.

Phone: 4323 4411 Email: gtnouri@gmail.com Web: www.ashleysrestaurant.com.au 352 Mann St (Cnr Lindsey St) North Gosford 2250

Corporate Catering

Gourmet sandwiches & wraps for your boardroom meeting, a BBQ or buffet for a team building day or contemporary canapes for a large corporate gathering...D’Vine delivers fresh high quality catering and exceptional service. A sk a b o u t o u r ne w D’ Ba r S e r v i c e

Call us on 4340 0666 or email info@dvinegroup.com.au DVG corporate catering ad for CCRBC.indd 1 CENTRAL COAST BUSINESS REVIEW MARCH 2015

www.dvinegroup.com.au 29/01/15 2:09 PM


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BUSINESS BRIEFS

Suzanne Hunter sets up events management business

TAFE boss looks to new horizons

Phil Cox Suzanne Hunter Suzanne Hunter has established Blue Mushroom Management Pty Ltd specialising in events management, and promotional campaigns. “Our aim is to oversee every step in the event management process through our professional and creative team of specialists,” said Mrs Hunter. “Our experience extends to producing high quality events of every type and scale from VIP breakfasts and luncheons to large banquets, conferences and exhibitions and festivals”. “We understand that every event is challenging so we aim to give our clients the opportunity to focus on the more strategic activities of an event,” she said. For more information email Blue Mushroom at Suzanne@bluemushroom.com.au.

Christine Warrington

Hunter TAFE CEO/Institute Director, Phil Cox, has resigned from his position effective from 13 February. Mr Cox has overseen the reorganisation of the Institute over the past few years positioning it to continue its role as one of Australia’s leading regional providers of vocational education and training (VET). “Hunter TAFE is well positioned and thoroughly prepared for entry into the new competitive VET market,” he said. The Institute has been successful in winning a significant contract (one of the largest in NSW) under the new Smart and QUALITY BUSINESSES ONLY Skilled competitive funding arrangements Including caravan parks/mobile home villages, for 2015. motels, manufacturing, service industries. “The organisation is where I had planned ACCOUNTANTS FIGURES ARE it to be and there is an excellent ESSENTIAL executive team in place, therefore ESTATES now is the right ARGYLE 02 4332 6555 Fax: 02 4332and 0095 timePh: for me to seek other challenges We pride ourselves on selling do something different, ” hequality said.businesses only

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“I have been constantly amazed by the way Hunter TAFE people continually look to innovate and adapt how we meet the ever changing training and education needs of individuals, industries and our communities.” Mr Cox, who joined Hunter TAFE as Institute Director in 2006, is succeeded by Christine Warrington who has been Deputy CEO at Hunter TAFE after joining the organisation in 2007 as Associate Director. She will take over the CEO role until recruitment is finalised. Ms Warrington brings many years of experience in VET sector leadership positions in TAFE NSW across the state Ms Warrington has a long history of working in leadership roles on the Central Coast. She has had strategic responsibility for the Central Coast for the past five years and will continue in this role. “Hunter TAFE continues to be well positioned for any further change or expansion,” she said.

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As Superannuation Specialists we know how to turbo charge your SMSF By creating a Self Managed Super Fund (SMSF) smart investors are taking control of their financial destiny and enjoying a better quality of life. Your SMSF can buy property, commercial real estate, shares and managed funds - in fact almost anything that you can invest in yourself. Your SMSF can even borrow to buy these assets. With the ‘best strategies’ and the ‘right advice’, your SMSF can be a very powerful tool that generates income, accumulates wealth and saves your tax along the way. A SMSF can also be very effective in protecting your family in the event of something that doesn’t quite go to plan. The SMSF sector is the fastest growing superannuation sector in the country and it is where the smart money is going.

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CENTRAL COAST BUSINESS REVIEW MARCH 2015


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E OR PM J A O M VEL DE E R

GOSFORD PRIME LEASING OPPORTUNITIES Now Available in Gosford CBD’s only shopping centre

Leasing contacts Email: Deborah@imperialshoppingcentre.com.au Phone: 02 4324 4299 Email: mristwej@lederergroup.com.au Phone: 0409 993 447 Imperial Centre, Gosford

ERINA - for lease or for sale

Consulting Suites from $110,000


PROPERT Y REPORTS

Government puts Mt Penang land on the block, again

Aerial view of Mt Penang Parklands showing the Highway Commercial Precinct – coloured THE STATE DEPARTMENT of Planning, via its agency, the Central Coast Regional Development Corporation (CCRDC) has called for Proposals to develop a portion of the Mt Penang Parklands site which they administer. It is the second time proposals have been called for the site. A Request for Proposals was announced in early February for the redevelopment of the Highway Commercial Precinct on the site. Executive Manager of CCRDC, Greg South said proposals must conform to the permissible zoning uses and the Mt Penang Development Control Plan which was adopted by Gosford City Council in December 2014, following public exhibition. The Plan prescribes requirements for access and parking, retained areas for bushland and heritage items, building

Prime Erina showroom / warehouse sells for $1.65 M with vacant possession

A vacant prime showroom / warehouse on the corner of Barralong Road, Aston Road and Marinus Place at Erina has sold for $1.65 million excluding GST. The property was formerly leased to

heights and development footprint. “Although all proposals received will be assessed by the Corporation, development applications for the preferred development proposals will go on public exhibition for comment with Gosford City Council,” said Mr South. “This is a unique opportunity to deliver further services and jobs for the local community and the wider Central Coast,” he said. The Highway Commercial Precinct is approximately 5.7 hectares in size, located immediately adjacent to the Central Coast Highway at Kariong. The closing date for lodging proposals is 12 March 2015. Further information on the Request for Proposals can be obtained by contacting the Corporation on (02) 43401002 or by email at info@ccrdc.nsw.gov.au.

Reece Plumbing who have relocated to new premises. The property comprises a 720 sqm metal clad factory built about 30 years ago and tilt panel concrete showroom built ten years ago on a 1,853 sqm lot. The buyer intends to occupy part of the premises and lease another part. David Tawyer from Citicoast Realty negotiated the sale. Wrecker buys Tuggerah land An independent wrecker has paid $533,000 including GST for a 4,318 sqm lot at 63-69 Lake Road, Tuggerah. The property comprises a level, filled and compacted hardstand with caretaker shed/office in one corner with a fully fenced and secure.

Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale. Local buys Wyong ‘Court House’

An undisclosed local buyer has paid $1.1 million plus GST for the historical ‘Court House’ building in Wyong. Built in 1924 the ‘Court House’ at 17 Alison Road is one of a number of historical buildings in and around Wyong Town Centre. The building is on a 600 sqm lot. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale. Builder buys Tumbi industrial unit

A local construction company has bought Unit 4 at 2-4 Clare Mace Crescent, Tumbi Umbi paying $155,000 plus GST. The 134 sqm unit with dual roller doors is part of a 16 unit complex. Ben Purdue from Raine & Horne Commercial negotiated the sale.

See page 24 for Leasings

Modern cuisine with healthy options, all cooking done on-site Catering for vegetarian & gluten free Specialising in corporate catering di MANFREDI coffee. Shop 1/9 Williams Court, Gosford – 4323 6669 Shop 2/12 Kurrawyba Ave, Terrigal – 4385 3627 Shop 7/1 Pioneer Ave, Tuggerah – 4351 0834

www.bodyfuel.com.au CENTRAL COAST BUSINESS REVIEW MARCH 2015

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FACTORY WITH CRANES ERINA

Excellent regular shaped industrial unit of 204m2. Small complex of 5, this unit faces Bonnal Rd offering good signage exposure. Additional mezzanine of approx 160m2 gives you something in the order of 360m2 (approx) of usable area. Existing offices, reception & fit out. Available for $400,000 + GST (If applicable)

TUGGERAH BUSINESS PARK

Approx 220m2 on the ground floor (the owners have just applied EPOXY COATING to the concrete), + 66m2 of new & as new office with full telephone & data, 33m2 approx secure storage area, great natural light and a high & wide auto roller door. FOR SALE $315,000 + GST

WYOMING - OFFICE SPACE IN LEAFY LOCATION

Approx 130m2 office space - 7 separate offices, all but 1 with a/c. There is a staff & disabled toilet, a full bathroom + kitchen area & a large training room downstairs which can be leased out for conferences if needed. FOR LEASE $19,500 net pa + GST

ERINA - FIRST FLOOR OFFICE SUITE

Light & airy 90m2 (approx) office space with carpet & ducted a/c. Inviting reception area with open plan space, meeting room, kitchenette & toilet. Also available for negotaition is the current furniture including desks, chairs, computer & phone systems! FOR LEASE $27,040 pa gross + GST

SOMERSBY - BLUE CHIP INDUSTRAIL INVESTMENT Tenant NJ Phillips Pty Ltd (est 1931) on 5 year lease with options until 2030. Commencing rental $454,200 pa net + GST. Opportunity of a lifetime to secure a quality tenant on a long term lease in a great property. CALL TO INSPECT! Value & Return. FOR SALE $4.5m NO GST.

$1.6M GST N/A

3409M2 site with high capacity engineering style building with 2 x 10 tonnes cranes. Total lettable area approx 1651M2 incl two 160M2 rear bays leased and returning $34,000pa. Great manufacturing or warehousing facility.

6 BOWEN CRESC WEST GOSFORD FOR LEASE 2 bays for lease with great exposure to Manns Rd; level access and plenty of parking; 220M2 $27,500pa gross & 275M2 $33,000pa gross.

YOUNG ST IND UNIT

FOR LEASE

Just refurbished; approx 248M² with plenty of 3 phase + jib for crane + security yard $21,000pa net.

KINCUMBER IND UNIT

FOR LEASE

Approx 160M2 adjacent to Mitre 10 $21,500pa gross.

NORTH GOSFORD FACTORY

FOR LEASE

1226M2 triangular site with 553M2 engineering style building and only $46,909pa net.

GRIEVE CLOSE WAREHOUSE

FOR LEASE

Approx 610M² brick building on an 1850M² site. Busy location $72,000pa gross.

NORTH GOSFORD FACTORY $1.125M GST N/A Approx 961M2 building on a level 2835M² site. Suit manufacturing, warehousing, transport depot etc. Includes impressive glass façade office area. Prices shown with * are inclusive of GST.

119m2 (approx) of regular shaped ground floor retail space in Star House. Carpeted , open plan retail space with partitioned office, kitchenette, amenities, heaps of storage, ducted air conditioning & alarm a bonus! FOR LEASE $28,000 pa gross + GST.

300m2 warehouse with great open plan office space upstairs, 3 separate offices, a showroom approx. 60m2 on the ground floor & 121m2 of warehouse, most with high clearance 6.9m high ceilings, ducted a/c, full bathroom & solar panels on the roof. FOR LEASE $30,000 net pa + GST

LONG JETTY

Industrial unit with high clearance, upstairs air conditioned office with downstairs showroom currently combined with unit next door to make office showroom and workshop. Zoned IN2 general industrial highly sort after location. Sizes available from 110m2 or combined 370m2. LEASE FROM $1,100 net per month + GST

TOUKLEY

Quality office fit out in the heart of Toukley. Divided into reception, 3 offices, plus staff room and storeroom. 115m2 approx. Would suit any professional office or medical practitioner. FOR SALE $220,000 + GST

ULTIMATE ERINA PROPERTY

614m2 of prime retail/bulky goods/commercial this awesome regular shaped building offers great signage, parking, exposure & easy access from the Central Coast Highway & Karalta Lane. This opportunity can not be repeated! FOR LEASE $175,000pa net + GST VISIT OUR WEBSITE FOR ADDITIONAL PROPERTIES and MORE INFORMATION – www.ljhooker.com.au All prices shown GST incl. unless otherwise indicated

LJ HOOKER COMMERCIAL – CENTRAL COAST

21/1 Reliance Dr, Tuggerah • Ph: 4353 7700 ljhcommercial.com.au

CENTRAL COAST BUSINESS REVIEW MARCH 2015

The Wadalba Enterprise precinct offers Flexible B6 Enterprise corridor zoning, Cleared and serviced lots, Additional development incentives (STCA), Lot Sizes 800sqm to 8,401sqm.

WEST GOSFORD

SALE

Mixed use development opportunity. 1926sqm. the property presents the opportunity to re-develop in the flexible zoned B6 enterprise corridor.

ERINA LEASE

Prime retail/ bulky goods, exposure to approx. 35,000 vehicles daily, huge signage opportunity, areas available from 100sqm – 425sqm.

ERINA

LEASE

Various spaces available ranging from a 78sqm to 1, 600sqm retail/office space. Brand new completion expected May 2015. Flexible leasing terms, plenty of parking.

4365 0645

Richard Ellis 0416 072 444 Suite 4, 206 The Entrance Road, Erina www.rhcoastal.com

ERINA - GROUND FLOOR RETAIL

SOMERBSY WAREHOUSE WITH GREAT OFFICE SPACE & SHOWROOM

WYONG SALE

Former brewery up for sale Carlton & United Breweries (CUB), through their subsidiary, Pacific Beverages Pty Ltd have placed their former Bluetongue Brewery at Warnervale on the market through agents, Colliers with expressions of interest to be in by 27 March 2015. The 10.32 ha site zoned IN1 General Industrial comprises 19,643 sqm modern warehouse distribution centre with a 73 metre span and rapid roller door access. Two levels of modern air-conditioned office accommodation and Function Centre and large capacity utility services, water, power and gas supply, fully sprinklered as well as 139 onsite car spaces. Carlton & United Breweries (CUB) announced the closure of the Bluetongue brewery at Warnervale in January 2013. It was the second largest of the remaining breweries in New South Wales.

Pubs for sale Two well know Central Coast hotels are on the market: Woodport Inn Hotel at Erina is for sale through agents Knight Frank Sydney with offers closing 19 March. The hotel at 207 The Entrance Road, corner with Alston Road, Erina is being offered with vacant possession. The property comprises building area 3,800 sqm on a 6,517 sqm site with rear to creek. Owners BWLC Investments Pty Ltd acquired the property in 2010. Meanwhile the Bateau Bay Hotel is for sale through JLL Hotels & Hospitality with expressions of interest closing 26 March. The property on 27,000 sqm site with frontage to The Entrance Road is accessed from Lumby Road and Cresthaven Avenue. Owners ASX listed Newhaven Hotels Ltd acquired the property in 2008. The company also owns the Terrigal Hotel and two others in Sydney.


PROPERT Y

TUGGERAH 154 Pacific Highway

ERINA - SHOWROOM / OFFICE

137.7 sqm Quality fully renovated ground floor space. New carpet, paint and kitchen amenities. Prime main road exposure with signage opportunity. Part of modern well maintained retail / commercial centre. $38,000 P/A + GST.

ERINA OFFICE

121 sqm Fully renovated first floor office. New carpet, paint and kitchen amenities. Ducted A/C, Cheap for this quality and location $33,000 P/A + GST.

GOSFORD CBD OFFICE

Beautifully presented and fully fitted first floor office of 173sqm. Impressive reception, Three (3) partitioned offices, open work area, board room and large kitchen facility. NBN Ready and five (5) onsite parking spaces available. $44,000 P/A + GST

ERINA FACTORY / WAREHOUSE

402 sqm Factory / warehouse in prime location with dual street frontage $60,000 + GST. Also available adjoining fenced concrete hardstand area of 230sqm at additional $5000 + GST. Rare offering in this location.

GOSFORD - MEDICAL ROOMS

127.5 sqm fully fitted and partitioned medical consulting rooms. Modern reception and kitchen facility. Onsite parking available. $36,000 P/A Net + GST.

WEST GOSFORD – FACTORY WAREHOUSE

OPEN PLAN OFFICE SPACE

TOUKLEY

For lease: 17 & 19/227 Main Rd, Toukley $1,085 per month including GST & outgoings, approx 76m2. 1st floor open plan office space in the heart of Toukley CBD. Office can be divided into two separate offices, split system in each office with ample parking.

LEVEL INDUSTRIAL LAND

NORTH WYONG

For lease or sale: Lot 4 Palm Tree, North Wyong for lease $1,666 per month + GST & outgoings or for sale over $345,000, approx 2000m2. Security fencing all around, compact surface ideal for storage or machinery.

MODERN OFFICE SPACE TUGGERAH BUSINESS PARK

For lease: 2/5 Colony Cl, Tuggerah $3,700 per month + GST & outgoings, approx 244m2. Ground floor approx 166m2 with 2 offices, separate male & female toilets, reception desk/area, large open area. Mezzanine approx 78m2 with 2 offices, kitchenette/ lunch room. 6 allocated staff car parks.

12 MONTH RENT FREE INCENTIVE NORTH WYONG

For lease: B1/4 Dulmison Avenue, North Wyong $112,000 per year + GST & outgoings, approx 797m2 (Conditions apply with incentive). Warehouse approx 499m2 & office space approx 298m2. Perfect opportunity to create your own showroom. Located in a secure complex & 7km to M1

HIGH EXPOSURE SHOP FRONT GOSORD CBD

415 sqm factory warehouse plus 63sqm mezzanine level. High clearance bay, good access, motorised Roller shutter, internal amenities. $40,000 P/A Nett + GST.

For lease: 1/125 Donnison St, Gosford $1,835 per month + GST & outgoings, approx 76m2. Great shop front exposure in Gosford CBD. Freshly painted & new carpet throughout, split system air con, close to public transport, secure complex

Citicoast Realty 87 Mann Street, Gosford NSW 2250 Tel: 02 4324 1322 Email: Citicoast@citicoastrealty.com.au

Matt Gregory 0414 860 522 Ash-lea Borland 0449 252 692 For more listings visit: www.propertyconnectre.com.au

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

Julie Davies on 4355 5111

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PROPERT Y

For a State Government talking about regional growth, what are they doing in Hamlyn Terrace? THE NEWLY ZONED Precinct 7a at Hamlyn Terrace, which includes Warnervale Station, is caught in a ridiculous standoff between internal departments of the State Government unable to figure out how much to charge for State Infrastructure Contributions. This SIC charge – contentious and probably not necessary – will of course add to the cost of a building block for future residents. But the madness, of holding up developers like Yeramba Estates who cannot have a Development Application approved, is inexcusable. By the time Wyong Council charges S94 contributions of approximately $30,000 per lot then

add sewer and water charges, plus SIC, will mean government charges add up to 50% to development costs – in a growing area of young families escaping the high land prices of Sydney. So there is the overriding argument about charging SIC in the first place – a debate to have with the new State government team. But to hold up development is crazy. Families are making enquiries every day because they want to buy land for a home in Hamlyn Terrace. Wyong Council cannot maintain their aggressive business strategy if not supported by their State counterparts. Yeramba

and other developers simply will not risk investing in the Central Coast with such uncertainty and lack of support. But with an election so close, the workers are packing up their pens and awaiting new instruction while the people of the Coast watch the housing market slip by. Eric Stammer, General Manager of Yeramba Estates says “This State government came to power with a landslide victory, and promised a lot. It had three years to deal with provisional infrastructure on the Central Coast, and more particularly the issue of regional levies. It’s not good enough”.

LEASINGS Framing outlet leases West Gosford showroom

Picture framing company Frameworks International Pty Ltd has leased Unit 3, 4 Stockyard Place, West Gosford formerly occupied by a paint wholesaler. Terms of lease for the 187 sqm showroom unit is 5 years plus 5 year option at a rental of $35,000 per annum including Outgoings plus GST. Geoff Broadhurst from Chapman and Frazer Real Estate negotiated the lease. Print business leases at Tuggerah Business Park New Era Print Solutions has leased a 90sqm ground floor suite as part of Unit 10, 1 Bounty Close, Tuggerah Business Park. Terms of lease are 1 year with 1 year option at a rental of $20,616 per annum including Outgoings plus GST. Chris Watson from LJ Hooker Commercial Central Coast negotiated the lease.

CENTRAL COAST BUSINESS REVIEW MARCH 2015

Therapist leases suite in Palm Court Erina A therapist has leased Suite 6 at Palm Court, 172-176 The Entrance Road, Erina. Terms of lease for the 27 sqm suite are 3 years with no options at a rental of $10,100 per annum plus Outgoings and GST Richard Ellis from Raine & Horne Commercial negotiated the lease. Financial planner leases at Long Jetty Financial planner, Progressive Wealth Advisory Pty Ltd, has leased Shop 5 at 328-334 The Entrance Road, Long Jetty. Terms of lease for the 38 sqm shop are 3 years with 3 year option at a rental of $9,464 per annum plus Outgoings and GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. Clothing shop leases at Long Jetty A clothing retailer has opened a new business in the popular main shopping strip in Long Jetty which features a number of second-hand clothing, furniture and antique shops. Shop 4 of 38 sqm is at 328-334 The Entrance Road and terms of lease are 1 year with 3 year option at a rental of $9,464 per annum plus Outgoings and GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. North Gosford unit leased for storage A health care company has leased Unit 2, 10 Kirrawee Road, North Gosford and will use it for storage.

Terms of lease are 3 years with no options at a rental of $13,000 per annum including Outgoings plus GST. Craig McMullen from Citicoast Realty negotiated the lease. Toukley shop least for arts and crafts An arts, crafts and stationery supplier has leased Shop C at 229 Main Road, Toukley. Terms of lease for the 96 sqm shop are 3 years with no option at a rental of $21,000 per annum including Outgoings plus GST. Wendy Hancock from Citicoast Realty negotiated the lease. Dance school leases West Gosford unit Laycock Street Dance School has leased a 290 sqm unit at 305 Manns Road, Gosford. Terms of lease for Unit 5 is 3 years with no options at $30,000 per annum including Outgoings plus GST. Wendy Hancock from Citicoast Realty negotiated the lease. Builder leases West Gosford industrial unit A local building and building maintenance company has leased Unit 3 at 3 Comserv Close, West Gosford. Terms of lease for the 134 sqm unit are 2 years with no options at $15,000 per annum plus Outgoings and GST. David Tawyer from Citicoast Realty negotiated the lease.


PROPERT Y

Central Coast State of the Land at crisis levels A REPORT RELEASED in late February shows over the past five years, the Central Coast has accumulated a housing shortfall of more than 8000 homes and unless blockages are addressed this trend is expected to continue. Commissioned by the Urban Development Institute of Australia (UDIA) Central Coast Hunter Chapter - the Central Coast State of the Land report draws from ABS data, Local Government approvals and State Government housing and population projections. UDIA Central Coast Chapter Chair Pauline Wright said the figures are concerning. “When housing affordability is failing so markedly to keep up with demand there are far-reaching effects, not only on affordability but also on local employment, economic development and infrastructure investment,” she said. The report found that, optimistically, there is only enough zoned land to provide about four-year’s supply of housing, and rezoning of land takes an average of five years on the Coast meaning there is a real prospect of continued shortages in the near to long term. “At the moment, the Coast is very much considered closed for business for those who wish to invest in housing projects and business spaces,” Ms Wright said. “It is far more difficult to get a housing project through the pipeline than in other jurisdictions because of lengthy delays and costs.” Further report findings included: • The Central Coast regional strategy

identifies the need for 2240 dwellings per year. Between 2006-2011 an average of 775 dwellings per year were delivered. Down by 1465 dwellings per year. • Based on dwelling completion figures, the pent up demand over the past five years has reached 8150 (Table 13 using 2006 and 2013 Central Coast Plan dwelling projections). • The Construction industry is historically one of the largest employers of people on the Central Coast and is driven by the need for residential development. The Central Coast currently has the highest regional unemployment in NSW. Darkinjung Local Aboriginal Land Council Chief Executive Sean Gordon said his organisation – which is the largest nongovernment land holder on the coast – is finding it incredibly difficult to release land. “At the moment we have land holdings that have the potential to deliver 1700 homes and various business spaces that will create jobs to service the Central Coast,” he said. Darkinjung currently owns approximately 3500 hectares of land across the Central Coast, is waiting on the title to occur on a further 3500 hectares and it has also claimed a further 10,500 hectares. “We have identified a number of landholdings that are suitable for residential development across the Coast,” Mr Gordon said. “In June 2014, Darkinjung lodged a rezoning application for our landholdings across North Wyong that will potentially

provide 1700 residential lots (or around 2600 homes) across 180 hectares. “As a part of our rezoning application Darkinjung has also identified 46 hectares of industrial/employment land and 800 hectares of land that will be preserved in perpetuity as conservation offset land.” Mr Gordon said the rezoning application across North Wyong will result in an economic injection of $920 million of direct investment into the local economy, creating employment and business opportunity within the Construction industry. “We have also identified two areas suitable for potential residential development elsewhere on the Coast: 126 hectares within Gosford Shire and a further potential for 300 lots within Wyong Shire.” The UDIA and Darkinjung Local Aboriginal Land Council believe the State Government must: • Provide more funding and resourcing toward infrastructure on the Coast. • Fix the outdated NSW planning system which is riddled with approval duplications and other excessive red tape. • Work with Local Government Authorities to reduce the time it takes for rezoning applications, making investment in residential and employment projects more desirable. • Establish a clear policy framework to ensure State Infrastructure Contributions are spent locally. More recommendations made by the UDIA NSW are in the Executive Summary of the State of the Land report.

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BUSINESS TIPS

GST compliance costs SMEs $13.7 billion a year COMPLYING WITH AUSTRALIA’S GST rules is costing small business more than $13.7 billion a year, according to new research released today by Australia’s leading accounting software provider, MYOB. Based on a survey of 1026 SME owners and managers, the research reveals the true cost of the GST burden on the men and women running small and micro-enterprises across the country. The survey found that a SME spends an average of 84.1 hours a year to collect the tax on behalf of the Australian Government - or more than two full working weeks a year

(based on a standard 38 hour working week). This equates to $6778 a year for each of the estimated 2.02 million SMEs and nonemploying business in Australia – or $13.7 billion a year across all SME. MYOB also identified where the GST burden falls within a business. Of the 84.1 annual hours of work each company commits to the GST, 64 hours are performed by the owners and managers. MYOB CEO Tim Reed said the government needs to better understand the impact the GST has on the running of a small enterprise.

“If Australia is to have a debate on the GST then let’s start with the way it is collected and reported. Let’s look at ways to ease the cost and burden on SMEs.” “The GST represents two full weeks where the owner’s attention is dragged away from the day to day running of their business. This is a significant drain on the productivity and profitability of SMEs,” said Mr Reed. “If the Government’s focus is on improving Australia’s productivity and reducing redtape, then easing the burden of GST compliance should be a priority,” Mr Reed said.

Public holiday penalty rates pile pressure on small businesses With the new Victorian Government earmarking extra public holidays in the state, threatening to squeeze more penalty rates out of small businesses, the Australasian Association of Convenience Stores (AACS) has called for common sense to prevail. According to media reports, the Victorian Government is preparing to gazette changes to Victoria’s public holiday schedule to include Easter Sunday as well as – and this is not a joke – Grand Final Eve.

AACS CEO Jeff Rogut said the proposed changes are completely unnecessary, out of touch with reality and a huge burden on small businesses struggling to cover the exorbitant penalty rates already in place. “Penalty rates are a huge cost to small businesses and Governments should be looking to scale penalty rates back instead of forcing retailers to cough up more,” Mr Rogut explained. “At the end of the day, the pressure that

more penalty rates will apply to small businesses will force them to close on public holidays, resulting in missed economic opportunities and disadvantaging consumers in the process. “Some franchisees will incur a loss or be lucky to break even unless they consider reducing labour shifts and service. Once again this plays into the hands of the major supermarkets who can afford to carry such additional costs through their scale,” Mr Rogut said

CON T INUED AR T ICLES GO energy Group - from Strength to Strength and SolarTrade respectively, GO energy Group expanded to include several business divisions, including energy efficient lighting installations and wholesale transactions with b-efficient lighting. Fast-forward to 2015, and the group has forged ahead, with operations focused on innovative finance for commercial solar installations (known as Power Plant Agreements or PPAs) and retail electricity and gas at very competitive rates through the energy retailing arm, GO energy. GO energy Group has also developed CO2markets, representing one of the highest-volume REC traders in Australia, and has many other exciting developments and products on the horizon. Founded by local businessman Adam Pearse, in conjunction with business partners Rod Harvey and Dean Walker, they represent a new and growing trend of businesses within the energy sector encouraging company leaders to adopt sustainable and costeffective renewable energy solutions. “With both technology and legislation always changing rapidly, we are proud of our success and relevance in today’s commercial world” explains Mr Pearse. “Our business model is structured to give our clients the best possible deal on retail electricity,” Mr Pearse stated in a recent interview. “Along CENTRAL COAST BUSINESS REVIEW MARCH 2015

CONTINUED FROM PAGE 12

with a range of renewable energy services, we’re all about having our customers consume less and pay less. We work with you to address consumption as the main approach.” Mr Pearse is an energetic and creative CEO, and his success as an accredited environmental trader, together with his background in construction, investment and import industries provides the driving force and strategic direction for the company. Mr Pearse is committed to creating innovative solutions for the commercial sector, shining light on the intrinsic value of adopting green energy measures within a business. Mr Harvey is a well-known Central Coast businessman, associated with several ventures in the area including property development in aged care and apartments, such as Tarragal Glen Retirement Village, in addition to commercial investing during his time with the Glen Group. His wealth of knowledge spanning decades is a constant guide for the Group’s investment opportunities. Mr Harvey holds a wide portfolio of business investments on the Central Coast. Mr Walker complements the group with his versatile business skill set, having lead numerous professional teams on many local and international commercial projects and ventures, bringing his more than twenty years’ business experience to the group.

Despite suggestions of reduced incentive for the commercial sector to take up green energy initiatives, the fact remains that renewable power sources signify costeffectiveness and viability over and above many alternatives. The years of work towards a fruitful business endeavour, and their supply of trusted products and services to Australian businesses has already caught the attention of large industry players. GO energy Groups growth and merge with Solco Limited is certainly one to watch.

Paul Tonkin - Gosford’s 2015 Citizen of the Year CONTINUED FROM PAGE 8

Mr Tonkin is also a Director on the Board of Woy Woy Community Aged Care, Deputy Chair of ET Australia (a not-for-profit employment and training organisation) and was the founding Director of the Central Coast Regional Chamber of Commerce. He has a strong link to the Peninsula – joining the Tonkin Drysdale law firm in 1991. Paul has been involved in coaching for junior cricket and soccer at both club and Central Coast representative level for many years, and also had involvement in the development of the Central Coast Mariners.


BUSINESS TIPS

Redundancy... is it still a more convenient ADVICE way of removing a difficult employee? MPLOYERS

ur arge can anage rce, r trade reduce s comp

By Warwick Ryan, Partner, SWAAB Attorneys

ck Ryan .com.au REMOVING STAFF THAT are not per-

forming can be a protracted and convo-

s luted process. For a long time, employers num Building, who often see redundancy as an avenue for RINA NSW 2250

side stepping the various disciplinary/counselling sessions/warnings that have to occur prior to an employee being terminated for poor performance. The beauty of the redundancy was that you could simply tell the employee that their position was no longer required and they were gone. If the employer consults with the affected staff member (where an award employee) and looks for any alternative roles internally, a genuine redundancy remains one of the exceptions to the unfair dismissal division under the Fair Work Act.

So, is it still really the ‘simpler’ option for removing staff? The short answer is ‘yes’. The basic position is that it is still open to the employers to make decisions about their organisations and which positions are required for their business’ productive functioning. The concept of the redundancy is not that you are getting rid of a particular individual but that you have decided that that particular role is no longer required (and thus the individual is terminated). The role may no longer be required because either:1 You have outsourced it to a third party and/or ceased to require those duties to be done by anyone in the company? 2 Or managed to restructure the role in a way that the duties attached to that position were shared out amongst other remaining staff members. In either situation, the position ceases and because the position is no longer required and the employee is terminated. The first option is generally easy to discern, but the second situation is less clear. How many duties need to be taken away before a job is – in effect – a different role? This question was recently considered

by the Court of Appeal in New South Wales (UGL Rail Services Pty Limited v Janik NSWCA 19 December 2014). It arose where an employee was terminated and another employee then assumed a role with similar (but not the same) duties. The terminated employee claimed his termination was a redundancy In the leading decision in that case, the judge expressed the view that a redundancy arises where: “...the duties and responsibilities of the position are so substantially altered that is largely stripped of its functions”. It is a question of degree. The judge looked very closely at the position description and the actual duties carried out by the employee that had been terminated and the person that (after the former’s termination) occupied a similar position. The judge found that the key responsibilities of both the terminated worker and his ‘successor’ were very similar and - therefore – it was not a sufficiently different role as to classify the termination as a redundancy. Redundancy is still an important management prerogative to ensure a business viability and productivity but care still needs to be taken with the process.

How Would Your Business Stack Up After a Fire? Avoid being one of the 70% that don’t recover

Darren Hutton, Director Insurancehouse

It’s a fact, 70% of businesses fail within 3 years of a major event, such as fire. How confident are you that you’re prepared? As they say in the movie ‘The Guardian’ “hope doesn’t float.” When things get extreme, it’s the years of pre-planning and the actions you and your advisory team have taken that count the most. Every business is unique and requires a strategy that is realistic, comprehensive and feasible. The platform you set in terms of risk management, continuity planning, insurance

solutions and long-term advisors will be a major factor in determining where your business sits in the 70/30 survival equation. Even with the right platform and the best support, a major loss is a commercially and emotionally taxing time for a business owner and their family. In October of last year a fire destroyed a large part of Elizabeth Court Shopping Complex in Karalta Road, Erina. It was the third major fire in as many years to have occurred within that small radius. At the time of writing, being only three months later, the site remains cleared with no signs of construction activity to commence the re-build. At least two of the businesses affected have relocated elsewhere within in the same suburb, albeit temporarily. These business owners are likely to have had little or no control over the rebuild and will need to have the best available support team to help them overcome the hurdles of dealing with insurers, assessors, builders, council and clients and so on.

Over the past decade we have been there to help six clients within the Central Coast area who have faced major fire losses. All are still in business today and remain loyal clients of Insurance House. Each business contains within it a myriad of risks and no business is exempt. Start setting in place your protection platform by appointing the right team of advisors. Be prepared to allocate the time and money required to give your business the best chance of being one of the 30% who come out of a loss intact. Contact Nathan Corrigan or Darren Hutton at Insurance House Central Coast, we’re confident we are the right people to help prepare you and your business for the unforseen and extreme. Visit us at http://blogs.insurancehouse. tv/blogs/cobbas/ to access our You Tube channel and watch Jim & Rachel Murray from Cobbas Pipeline Installations share their story after fire engulfed their business premises and Insurance House were on hand to help them through it.

CENTRAL COAST BUSINESS REVIEW MARCH 2015

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EVENT

CCBR February Cocktail Evening welcomes Jian Wang to Gosford FEBRUARY 26 SAW over fifty leading business people attend CCBR’s first Cocktail Evening for 2015 and welcome Chinese property developer, Jian Wang to Gosford. Mr Wang was officially welcomed by Gosford City Mayor, Lawrie McKinna. Guests also saw the first presentation of Mr Wang’s Waterside Project by East Gosford architect, Caine King from CKDS Architecture Held almost opposite the Waterside Project site at ReviveR Bar, guests had the opportunity to speak with Mr Wang and his architects about the project and here of his plans for Gosford.

Guests watching a presentation of the Waterside Project by Architect Caine King

Jun Wang and Jian Wang with CKDS Architect Paul Jones

Kimberley and Gordon Riley from Metal by the Metre and Denise and Graham Walters from Coastal Rural Traders

Mayor Lawrie McKinna with Christina McKinna, Sue Liptrott and Maxeine McKeon

Caine and Jessica King and Paul and Jane Jones from CKDS Architecture

CCRDC Chairman Graeme Inchley and CC Grammar School Headmaster, Bill Low

Leon Black with Raquel Dube from Inspired Techs Pty Ltd and Tim Gunasinghe from Commercialhq

CENTRAL COAST BUSINESS REVIEW MARCH 2015

CCBR Editor Edgar Adams with Jian Wang


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CENTRAL COAST BUSINESS REVIEW MARCH 2015

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FUNNY BUSINESS

A BIG GAME HUNTER went on a safari with his wife and mother-in-law. One morning, while still deep in the jungle, the hunter’s wife awakened to find her mother gone. She woke her husband, and they both set off in search of the old woman. In a clearing not far from the camp, they came upon a chilling sight. The mother-in-law was standing face-toface with a lion. “What are we going to do?” his horrified wife asked. “Nothing,” her husband replied, “The lion got himself into this mess, let him get himself out of it.” Contributed by Ray Atkinson Sam walks into his boss’s office. “Sir, I’ll be straight with you, I know the economy isn’t great, but I have over three companies after me, and I would like to respectfully ask for a raise.” After a few minutes of haggling the boss finally agrees to a 5% raise, and Sam happily gets up to leave. “By the way”, asks the boss as Sam is getting up, “which three companies are after you?” “The electric company, water company, and phone company”, Sam replied. Accountant after reading a nursery rhyme to his child, “No, son. It wouldn’t be tax deductible when Little Bo Peep loses her sheep. But I like your thinking.” For a few moments everything was silent in the cab, and then the still shaking driver said, “I’m sorry but you scared the daylights out of me.” The frightened passenger apologised to the driver and said he didn’t realise a mere tap on the shoulder could frighten him so much. The driver replied, “No, no, I’m sorry its

entirely my fault. Today is my first day driving a cab. I’ve been driving a hearse for the past 25 years.” An Texan walks into a pub in Ireland and clears his voice to the crowd of drinkers. He says, “I hear you Irish are a bunch of hard drinkers. I’ll give $500 American dollars to anybody in here who can drink 10 pints of Guinness back-to-back.” The room is quiet and no one takes up the Texan’s offer. One man even leaves. Thirty minutes later the same gentleman who left shows back up and taps the Texan on the shoulder. “Is your bet still good?”, asks the Irishman. The Texan says yes and asks the bartender to line up 10 pints of Guinness. Immediately the Irishman tears into all 10

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of the pint glasses drinking them all backto-back. The other pub patrons cheer as the Texan sits in amazement. The Texan gives the Irishman the $500 and says, “If ya don’t mind me askin’, where did you go for that 30 minutes you were gone?” The Irishman replies, “Oh...I had to go to the pub down the street to see if I could do it first”.

Quote of the month When there is no vision, the people perish

Proverbs 29:18

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CENTRAL COAST BUSINESS REVIEW MARCH 2015


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