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Print Post Approved – PP100001854
Vol 26 October 2015 Published monthly (except January)
business review
KOALA PUBLISHING – CENTRAL COAST BUSINESS OF THE YEAR
Newcastle planners decide against Gosford’s future Construction starts on Pine Tree Apartments Terrigal
MERCEDES-BENZ 2015 CENTRAL COAST BUSINESS EXCELLENCE AWARDS – SPECIAL REPORT P8
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Front cover story 4 Koala Publishing - Central Coast Business of the Year
Business news 5 Newcastle planners decide Gosford’s future 7 Construction starts on Pine Tree Apartments Terrigal 7 Pinnacle get nod for Gosford development 8 2015 Winners in business excellence 11 CCMC comes of age 11 NorthConnex opportunities 12 Winner announced, Startup Weekend Central Coast 13 Priority Powder Coating notches up 20 years 14 Wyong Council appoints CEO 14 Robson Partners acquires Broadview Accounting 15 Gosford Council appoints Economic Development Co-ordinator 15 Colourist opens consulting business 15 New owner for car hire company 17 Tax office comes to Gosford but at what cost? 17 Element to have highspeed broadband – Big Air comes to town
Contact
17 Sydney developer builds at Ettalong 17 Gosford Council approves Point Frederick development 17 Gosford Council approves 110 unit North Gosford development 18 Commercial and Industrial Properties For Sale / Lease 19 Tenants return to new retail complex after fire 22 Can you extend probation? 22 Set your business for growth with the right finance 23 Senate rescues small business with amendment to Unfair Contracts Bill 23 Customer complaints register on its way 27 BUSINESS SERVICES DIRECTORY
Regular features 6 14 17 22 26
Edgar Adams’ Editorial Business Briefs Property News Business Tips Funny Business
MERCEDES-BENZ 2015 CENTRAL COAST BUSINESS EXCELLENCE AWARDS – SPECIAL REPORT PAGE 8 PHOTOGRAPHS PAGE 22-23
Front cover: 2015 Business of the Year Koala Publisher left to right: Jo Ramsbotham, Samantha Hill, Julie-Anne Goodman, Beverly Grieve, Reuben Machin, Karen Hunt, Julie Swan
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Central Coast Business Review Central Coast Business Review is a Registered Trade Mark of Adams Business Publications Pty Ltd P.O. Box 3259, Erina, NSW 2250 Phone: (02) 4367 0733 Fax: (02) 4367 0744 Email: info@ccbusinessreview.com.au Typesetting by Graphic by Design ph (02) 4365 6777 Print & Distribution by Bromley Direct ph 0412 439 773 © Adams Business Publications 1994. All rights reserved. Reproductions in any part prohibited. While every effort has been made to ensure all information in this magazine is accurate, no responsibility will be accepted by the publisher, Adams Business Publications. The producer accepts no responsibility for illustrations or photographs supplied by organisations or individuals and/or typographical errors.
Phone 02 4367 0733 Fax 02 4367 0744 Email info@ccbusinessreview.com.au Web www.ccbusinessreview.com.au
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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COV ER S TORY
Koala Publishing – Central Coast Business of the Year TAKING OUT THE prestigious Business of the Year and Employer of Choice Awards at this year’s Central Coast Business Excellence Awards, Koala Publishing is a company that proves the greeting card industry is alive and well despite the growing prevalence of online social communication. 100% Australian owned and operated, Koala prides itself on innovation through a solid investment into its number one resource – its people. Investment into the local area and supporting Australian jobs has also always been a significant part of the company’s focus. Not only has Koala “energised the greeting card industry” by delivering what customers want, the progressive company has also created a workplace culture that shows employees they are highly valued, no matter what function they perform. Founded in 1990 by Tony Grieve as Koala Posters Publishing, the business evolved into Koala Publishing when Grieve saw an opportunity to move into greeting card production. Grieve, who passed away in June (survived by his wife Beverley and two children), was a well-known Central Coast businessman, property developer and a local through and through. Demonstrating an entrepreneurial spirit from a young age, Grieve opened a café at The Entrance while still at school and started three local businesses while in his twenties. The last business prior to moving into publishing was Gosford Brick Supplies, which became the largest brick supplier on the Central Coast. Evidence that staff and customer relations have always been high on his
Coast Star Motors Dealer Principal presents the trophy to Reuben Machin and Julie-Anne Goodman agenda, Grieve eventually financed his staff to buy him out of the brick business. This was done to ensure they could continue to serve its loyal customer base and run the business with the level of pride and autonomy that comes with business ownership. When Grieve first entered the greeting card market, he saw an opportunity to outperform the ‘cheap’ card producers by selling cards that matched their retail price of a dollar but created a point of difference by delivering a level of quality not seen in that portion of the market before. So how did Grieve work out a way to produce a ‘high-end quality’ greeting card that retails
for a fraction of the cost while utilising Australian products and services, including local printing? Firstly, Koala delivers high volume sales through a quality product and rapid turnover of custom designed stock on the shelves. So while Koala wasn’t immune to the impact of the GFC, their dollar card range stood them in good stead to weather the storm. Secondly, Grieve established a business-to-business national distribution network that was unique in the industry. Today there are 25 distributors in Australia and four in New Zealand. Each distributor operates as a separate business entity
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
By Phaedra Pym
CONTINUED ON PAGE 24
BUSINESS NEWS
Newcastle planners decide against Gosford’s future THE HUNTER CENTRAL Coast Joint Regional Planning Panel (JRPP) met on Thursday 17th September to decide on what is seen as Gosford’s future – A three tower development now known as Waterside and chose to totally ignore the community benefits that the project would bring. In the event the Panel, which is weighted with 3 Newcastle planners plus 2 representatives from Gosford Council, chose not to approve the development but defer it to a date unknown. Eighty people in support of the development packed into Gosford Council Chambers with another 40 left outside. There were only a handful of objectors who included Malcolm Brooks and Green activists the Community Environment Network. There were 12 speakers in support. Importantly, and surprisingly, the Panel in considering the application absolutely refused to consider the community benefits that would accrue to Gosford and the whole Central Coast from this development. Three months ago when considering the redevelopment of the Union Hotel site the Panel relied on Clause 4.6 of the Gosford Local Environment Plan 2014 which specifically sets out exceptions under this Clause. It appeared that the Panel had made up its mind not to approve the development and was looking for ways not to reject it but not to defer it. An absolute travesty and the Minister for Planning needs to be made aware of it.
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The Waterside development has 3 street frontages – Mann Street, Baker Street and Georgiana Terrace. The project will comprise 500 residential units in 3 Towers: Mann Street Tower 33 floors, Baker Street Tower 31 floors and Georgiana Tower 25 floors. In addition it will comprise an 80-room hotel, 9,300 sqm of commercial, retail and food premises. The old Brisbane Water County Council building will be refurbished for use as a cinema / performance space. A few weeks earlier the same Newcastle panel members approved a development
There will be parking for over 600 vehicles. 47% of the site will be open space with public access and a pedestrian link from Mann Street to Baker Street and the Waterfront. The project is being developed by New Hong Kong Macau Australian Pty Ltd which is owned by Mr Jian Wang who sees a great future for Gosford. Architects for the development are CKDS Architecture from East Gosford for Newcastle CBD that was 300% over the height limits for the city under its LEP.
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info@patongahotel.com CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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EDITORIAL
Edgar Adams discusses local issues
Another Gosford planning fiasco – but this time it’s not Council IN SCENES REMINISCENT of twelve years ago when Gosford Council voted down the Spurbest development in Gosford last month saw a similar fiasco except that on this occasion Council are the good guys and the Department of Planning’s Hunter/Central Coast Joint Regional Planning Panel are the bad guys. The support for Spurbest was strong but the support for Jian Wang’s Waterside development has been overwhelming. CCBR’s Facebook page recorded a Reach of 25,160 people and 1,027 Likes and Comments. Well over one hundred people gave up a whole afternoon to support the project. The performance of the JRPP has to create a situation where Central Coast people must stand up and tell the Premier, if the Minister won’t listen, that this region is entitled to its own JRPP and we will not be governed out of Newcastle. JRPPs are instruments of the Department of Planning set up by former Planning Minister Brad Hazzard to take projects over $20 million out of the hands of local councils. By appointing three Newcastle members to the Panel and giving them enormous planning powers over the Central Coast region it showed the O’Farrell Government’s total contempt for our region. Until recently there were no major projects for the Hunter/Central Coast JRPP to consider apart from the Union Hotel redevelopment about three months ago. At this
one Panel member was replaced by an alternate member who saw the opportunities for Gosford and voted with the two Gosford representatives thereby getting it approved. It maybe that the developer won the lottery! Meanwhile as we go to press the big announcement that the Federal Government will locate a part of the Tax office and other government agencies in Gosford on the former primary school site, has caused some confusion. Firstly, the names of the developer or builder were not mentioned and secondly, the State Government on whose land it will be built appears to have been left out of the loop. However, CCBR has discovered that a Canberra company has got the building job and the image provided is right out of synch with the Masterplan for this State Significant Site. See story page 17 but a lot more to come on this! Our congratulations to the winners of the 2015 Mercedes-Benz Central Coast Business Excellence Awards. A full report inside along with a photo gallery on pages 20 and 21. Now into the fifth year and having gained a prominent place in the Central Coast business events calendar, CCBR is proud to have been the founder of these
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awards and it is great to see that many of the original sponsors who backed us – not least Coast Star Motors and Mercedes-Benz, continue their support. As usual Awards Director Kerry Ruffels did a great job in organising the event, as he has done right from the start. The important point though about these awards is that they highlight business excellence and achievement in our region. And they send a message outside the region, particularly to government that businesses in this region have the capacity to drive the economic growth into the future. All they need is a little understanding from government and the finance sector. Finally, may I congratulate Carolen Barripp for her initiative in organising the Central Coast Startup Weekend late last month. See story page 12. Sixty young entrepreneurs full of technology ideas supported by a team of local business mentors at the Gosford Smart Working Hub had the room buzzing. Never lose faith in the entrepreneurial spirit of our younger generation. Edgar Adams Editor
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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BUSINESS NEWS
Construction starts on Pine Tree Apartments Terrigal
Pinnacle gets nod for Gosford development
The Pine Tree Apartments Terrigal construction site IT’S THE FIRST major construction project in Terrigal since the Star of the Sea Apartments over ten years ago and heralds a new era in luxury accommodation in Terrigal as more projects come into the pipeline. Pine Tree Apartments, a $60 million project, is being built by Sydney builders Richard Crookes Constructions for PTL Land Pty Ltd. The development comprises 70 luxury apartments of which 50 have been sold and exchanged. Prices start at $420,000 for a 1-bedroom apartment. A retail hub to be known as Pine Tree Lane will comprise around 800 sqm of indoor and alfresco dining options and is being marketed as culinary ‘hot spot’. Street-front spaces range from 35 – 350 sqm and have been designed specifically
Photomontage Pine Tree Apartments Terrigal for cafes, restaurants, wine bars and providores by architects EJE and SJB The ‘Eat Street’ component of the development is being marketed by Angela Bonnefin from Bonnefin Property retail marketing specialists. PTL Land Managing Director, Andrew Cochrane, said enquiries for the remaining apartments had picked up since the building activity had commenced on the site. The project is scheduled for completion in early 2017 although the retail spaces will be up and running for Christmas 2016
It wasn’t all bad news at the JRPP meeting in September with the Pinnacle Construction Group’s complying development application being approved. The 6,064 sqm property at 21-23 Mann Street at the rear of the Gosford Telephone Exchange was formerly a Telstra works depot and backs onto Henry Parry Drive providing extensive views of Brisbane Water. The development, designed by East Gosford architects CKDS Architecture, comprises 140 residential units over 16 storeys with three basement car parking levels. Pinnacle Managing Director, Joseph Bechara, told CCBR that they would start marketing the project early next year with plans to commence construction in the second half of 2016.
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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CEN T R AL COA S T BUSINE SS E XCELLEN CE AWAR DS
2015 winners in business excellence
Julie Goodwin with Mayor Doug Eaton OAM The Outstanding Contribution to the Central Coast was awarded to well-known 2009 Master Chef Julie Goodwin. Recognised Australia wide as a celebrity chef and for her passion and promotion of the Central Coast, Mrs Goodwin received her Award from Wyong Council Mayor Doug Eaton OAM.
Guests in the Grand Ball Room at Crowne Plaza Terrigal THE 2015 COAST Star Motors Mercedes-Benz Central Coast st Business Excellence Awards were held at Crowne Plaza on Saturday 29th August to a packed crowd in the grand ballroom, were testimony to the highly successful businesses that help drive the regional economy. An initiative of Central Coast Business Review the Awards are now in their fifth year and are now established as the region’s premier event. The winners have all progressed to the NSW Business Chamber’s State Awards. Koala Publishing Pty Ltd took out the Employer of Choice Award (Sponsored by Hunter TAFE) and then the Business of the Year Award. Their story on Pages 4 and 5 justifies their elevation to the top spot in this prestigious position. They join ACS (2011), Independent Portable Buildings (2012), TrendPac (2013) and Servers Australia (2014).
The Lentini Family The Lifetime Achievement Award this year went to the long established Kulnura orchardists and fruit juice processors, the Lentini Family, who over fifty years have weathered all the ups and downs that farmers experience and are now, with their East Coast Beverages fruit juices and mineral water are now a significant player in the industry. CCBR featured their story in the September 2015 issue. The Lentini’s join CCBR Editor Edgar Adams (2013) and Harvey World Travel Erina, Managing Director Maxeine McKeon (2014).
GAIN
Andrew Mann with Clr Jim Macfadyen The Young Business Executive Award saw four finalists with Andrew Mann, Managing Director of Sue Mann’s Nursing and Community Care Central Coast based at Erina being awarded this category. Clr Jim Macfadyen Deputy Mayor of Gosford Council sponsors of this Award presented Mr Mann with his trophy.
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
CEN T R AL COA S T BUSINE SS E XCELLEN CE AWAR DS
Jared Hirst with Prof. Andrew Parfitt Last year’s Business of the Year, Servers Australia, took part again this year and came out winners of the Excellence in Innovation Award. Professor Andrew Parfitt, Pro Vice Chancellor of the University of Newcastle, sponsors of this award, made the presentation to Managing Director, Jared Hirst
Barbara Ketley (centre) with Edgar and Bev Adams Five finalists vied for this year’s title of Business Leader with Barbara Ketley CEO of East Gosford advertising agency Milestone-Belanova being the successful entrant. She was presented with her trophy by CCBR Publishers Beverley and Edgar Adams, sponsors of this Award.
Leon Black and Phil Walker
Leon Black Founder and Managing Director of fast growing IT company Inspired Techs which commenced business in 2013 competed against four other finalists to be awarded the Young Entrepreneur of the Year Award. He was presented with his trophy by Phil Walker Chairman of sponsors Regional Development Australia Central Coast
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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Nick and Laurinda Pericleous By Fortunity Director Craig Ayling (R) The Excellence in Business Award, sponsored by Erina Chartered Accountants Fortunity, this year was taken out by nursing agency, Nurses Now. The trophy was presented to Nurses Now owners Nick and Laurinda Pericleous
Scot McDonald MLC, Caroline Maxwell and Jodie Sharp Sponsored by the NSW Department of Industry the Excellence in Small Business category attracted six finalists. Catering company, The D’Vine Group were the winners of this Award with Parliamentary Secretary for the Central Coast, Scot McDonald MLC presenting the trophy to D’Vine representatives Jodie Sharpe and Caroline Maxwell, General Manager Julia Barnes being overseas.
Rebecca James, Tammy Clarke, Rosanne Pugh (KU Ourimbah Centre Director with Rod Dever
Julie and Mick Goodwin and Dr Michael Netherton, Regional Manager Defence Reserves Support Central Coast The Excellence in Business Ethics category saw five finalists with Loyal IT Solutions taking out the award. This category was sponsored by Defence Reserves Support Central Coast
Finally, the Excellence in Sustainability Award sponsored by The O.R.S. Group was won by KU Ourimbah Pre-School. National Business Development Manager, Rod Dever presented the winners with their trophy.
M O R E P H O T O G R A P H S O N PA G E 2 2 - 2 3
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
M A N U FAC T U R I N G N E W S
CCMC comes of age OVER THE COURSE of the past five years Central Coast Manufacturing Connect (CCMC) has been slowly growing in stature as the manufacturing organisation for the region. In 2010 the organisation was formed through the collaboration of the major regional industry bodies and local manufacturing and engineering organisations. This collaboration has made CCMC more able to effectively support Central Coast manufacturers and facilitate opportunities for the growth and sustainability of local manufacturing. Newcastle Innovation (NI), the commercial arm of the University of Newcastle and Innov8central have been instrumental in helping CCMC develop and grow. NI provided the legal structure for CCMC to operate under as well as back office support while Innov8central provided the event support and general administration. Early this year the advisory board of CCMC decided it was time for the organisation to become its own entity and to be independent. Its growth and strength over the incubation period with NI made this decision easy. As such a not-for-profit organisation called Manufacturing Connect Limited has been formed and officially began trading as at the first of July. Its Board of Directors are as follows: Steven Hyde – Chairman- Managing Director of Trendpack Wayne Diemar – Director - Project Director – HunterNet
NorthConnex opportunities
Steven Hyde John Davidson – Director- Retired- formally Business advisor AusIndustry Graham Baker – Director – Retired - formally Innovation Facilitator AusIndustry Frank Sammut – Company Secretary and Executive Officer Daniel Farmer- Regional Manager for the NSW Business Chamber Central Coast will also join the board as a Director. The Board are supported by the following advisory committee members who have been active in the direction of CCMC: Gail Cottrill – Innovation Champion -Open Shutters. Vito Russo – Managing Director VanHomes. Peter Brown – Business Development Manager- Department of Industry NSW. Mike Goodman – Business Facilitator -AusIndustry – Entrepreneur’s Programme John Harris – Director of J&J Consultancy and former chair of Central Coast Manufacturing Association. CONTINUED ON PAGE 24
On the 21st July at the Gosford Golf Club HunterNet together with Central Coast Manufacturing Connect and Engineers Australia, Central Coast Group hosted a presentation from Lend Lease on the NorthConnex Project. Around 80 people attended. Robert Ioffrida and Travis Butler from Lend Lease gave the presentation on the project covering what is NorthConnex and who is delivering it and provided some insight into the projects design features and timings. The NSW and Federal Governments, Transurban and the M7 Westlink Shareholders (the Project Sponsors) are planning to build, operate and maintain a tolled motorway linking the M1 Pacific Motorway at Wahroonga to the Hills M2 Motorway at West Pennant Hills – called NorthConnex. The proposed nine kilometre tunnel motorway includes interchanges to the north and south to accommodate connections at either end of the project. When complete, it will link Sydney's north to the Orbital network and form part of the National Highway route. The $3 billion project, consisting of a construction budget of $2.65 billion in addition to land and project delivery costs, will be funded through toll charges with a contribution from the NSW and Federal Governments of up to $405 million each. The project CONTINUED ON PAGE 24
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IT NEWS
Winner announced, Startup Weekend Central Coast STARTUP WEEKEND CENTRAL Coast hosted its first ever event on Sept 18-20 in the Gosford Smart Working Hub. The 54-hour long event involved a creativityfuelled weekend that provided a platform for participants to develop their technology idea, meet like-minded enthusiasts, build their network, get face time with thought leaders, and learn new skills. 60 aspiring entrepreneurs including students from the UoN and Central Coast Grammar, coders, business people and the unemployed registered to attend the first event for the Central Coast. Fifteen ideas were pitched and Eight teams were formed around
Startup Weekend participants at Gosford Smart Work Hub
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
the best ideas which were chosen by the participants. These eight teams worked together over the weekend and on the Sunday night pitched to the panel of judges including Alan Williams and Bruce Cottrill, two entrepreneurs from the Central Coast and Tony Burrett from Blue Chilli which partners with entrepreneurs to help build, grow and invest in their new tech startup businesses. Jessica Gledhill’s team with the Maker to Market concept was judged to have best idea - an online platform connecting makers, manufacturers and distributors to turn great ideas into awesome products. Jessica is the founder of The Creative Workshop, a group of like-minded artists, designers and crafters who are establishing the Central Coast’s first makers space for creatives which will open its door at Imperial Centre for Xmas. Jessica is now on her entrepreneurial journey.
Tony Burrett from Blue Chilli awarded Jessica Gledhill and her team with an eight week incubation of their idea. Tony said, “It was really nice to see so much energy being channelled so wonderfully into entrepreneurial initiatives on the Central Coast”. “What you guys achieved in running a very successful CenCo startup weekend deserves the highest credit and acknowledgement. I take my hat off to you and your team’, stated Bob Fitzgerald, one of the participants. “The Central Coast entrepreneurial scene is changing and pretty fast at that”, stated the co-organisers Carolen Barripp and Brian Hill. “We hope to develop an entrepreneurial ecosystem on the Coast and the Startup Weekend is just the beginning”. For further information please email startupcentralcoast@gmail.com or contact Carolen on 0418 298 620
M A N U FAC T U R I N G N E W S
Priority Powder Coating notches up 20 years TUGGERAH BASED PRIORITY Powder Coating celebrates 20 years in business this year with owners Paul and Debbie Hansen taking the opportunity to thank their staff and long term customers at their 20th birthday party last month. The Hansens saw an opportunity for a new supplier in the powder coating market and set off in a 450 sqm factory at Fountaindale with just two employees. Within twelve months staff had increased to seven and they took over the factory next door doubling their workspace. They also installed an additional oven and expanded the dipping tanks giving them added capacity and capabilities for product diversity. With a business philosophy that to be successful the business must operate on a totally professional basis with customer service and quality being uppermost in everyone’s mind the business continued to grow. “We took the attitude that nothing was too much trouble. We are the last stage for most customers so everyone is in a hurry,” said Mrs Hansen. “To be ahead of the competition we have continually developed and improved our processes allowing us to expand our capabilities along the way,” she said. By 2001 it was very clear that they had outgrown their premises, so with a massive leap of faith and encouragement from a developer they embarked on a purpose built factory in the new Tuggerah Business Park. The new factory comprised 3000 sqm of factory space plus office facilities and amenities. This allowed them to install new plant and equipment with longer conveyorised line, a fully automated online spray system for steel products, improved pre-treatment and a licensed waste water treatment system.
Priority Powder Coating staff That move took Priority to a new level with growth in the first year showing an increase of 30%. Understanding that in manufacturing continual improvement is what it is all about and reinvesting in the business is the only way to be successful the Hansens further developed their pre-treatment processes to meet the Accreditation standards for national warranties developed by major powder suppliers at the time.” “This move allowed us to offer 10 and 15 year architectural warranties on aluminium product, again increasing our product diversity,” said Mrs Hansen. By 2007 they were running two shifts and expanded their truck fleet to three while the following year they invested in further upgrades to the spray booth and spray guns improving quality, and the installation of an extraction system optimising powder usage. And then the GFC hit. Like most businesses Priority was heavily affected from 2009 through to 2012 forcing them to downsize but with a determination to survive the crisis. “Our client base remained very stable”, said
Priority Management Team; Andrew Fraser, Peter Woods, Paul Hansen, Debbie Hansen and Raelene Radford Mrs Hansen. “Our focus on customer service and quality over the years paid off as we were able to maintain and support our customers and as the country moved out of the crisis we all gained momentum together.” The last two years have seen the company continue to invest in new plant in particular, with both the environment and efficiency in mind, an extension was made to their waste water treatment system allowing them to manage liquid waste in house. Last year the company took on new markets and, to further meet customer needs, added to their fleet of trucks. This, along CONTINUED ON PAGE 21
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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BUSINESS BRIEFS
Wyong Council appoints CEO
Rob Noble Wyong Council has appointed Mr Rob Noble, an experienced local government CEO, as Acting Chief Executive Officer for 12 months. A Relationship Management Consultant Mr Noble has extensive experience in local government. He was Acting General Manager of the City of Newcastle in 2011 and most recently was the Acting CEO of Liverpool City Council while those Councils recruited for a permanent CEO. Mr Noble was CEO of Caboolture Shire Council, a regional Council in
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Queensland, just north of Brisbane for eleven years before it was amalgamated with the City of Redcliffe and Shire of Pine Rivers, in 2008 to form the Moreton Bay Region the third largest Council in Australia. Wyong Council’s Mayor, Doug Eaton OAM, said Mr Noble’s experience managing a water authority, large regional Councils and as a relationship consultant made him the perfect candidate for the job. “He seems like an expert Acting CEO and that is certainly what we need right now,” Mayor Eaton said. “We are heading into some challenging times with the Fit for Future process, being driven by the NSW Government, hanging over our heads and we need a steady hand to guide us through that process while ensuring we keep delivering the essential services our community expect and need. Mr Noble took up his position as Acting CEO on Monday September 14. Wyong Hire Car Service & Ideal Limousines has been sold. Owned and operated by Ian and Dawn Bull for the past 21 years who now wish to retire. The business is conducted from their own premises in Lucca Road, Wyong North and has eight motor vehicles which include three stretch limousines. The business has grown rapidly as they offer wedding packages, airport and cruise ship transfers, corporate accounts etc. and provide a very personal door to door service. On top of this they also have a DVA Contract.
The purchasers are Steve and Helen Bushell who own Diamond Hire Cars Pty. Limited and have a DVA Contract in their own right. They have been subcontractors of Wyong Hire Car Services for some years and it was an obvious acquisition according to Graham McMullen of Argyle Estates Business Brokers who negotiated the sale. Steve and Helen certainly recognised the value of the hire car plates and the quality of the fleet and wish to continue the future growth within this industry. Robson Partners Acquires Broadview Accounting
Fiona Booth and Kate Morand Gosford based accounting and financial planning firm Robson Partners has acquired Broadview Accounting, part of the Talos Accounting Group via a private sale agreement. Robson Partners Director, Troy Marchant said the deal was made and the new branding implemented immediately to align the practice with its own business model. “We saw an opportunity to assist an existing
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T (02) 4350 3333 | F (02) 4351 2407 www.aubreybrown.com.au CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
Creating Lifelong Relationships
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BUSINESS BRIEFS
group of clients with the benefits of a full service accounting firm offering compliance, financial planning and business coaching. Robson Partners has been in the market over the last few years for merger and acquisition opportunities with operational and financial capacity to form new relationships. “One of the benefits of our CountPLUS model is the access to capital to make strategic acquisitions of good quality assets where we see accretive value from the outset. We have made ourselves known on the Coast as the “go to” firm for practitioners who are seeking to unlock some of the equity in their business, retire, or reduce overhead costs. Mr Marchant said the most valuable component of the sale of the Erina firm were the two staff members, Kate Morand and Fiona Booth, who have excellent connections and relationships with their clients.
offering colour services for home, office, retail and commercial businesses. A graduate of the International School of Colour Design (ISCD) Mrs Munro said that having worked with colour in various fields in hairdressing, television post-production and photography she had always had an eye for areas that are both technical and visual when it comes to colour. She was recently appointed Colour Consultant for paint company Valspar for their spring promotion with Masters West Gosford. For more information visit www.coloursorted.com.au Gosford Council appoints Economic Development Co-ordinator
Colourist opens consulting business
Dr Moureen Wong
Ann Munro Ann Munro has established Colour Sorted a colour design and consulting business
Gosford Council has announced the appointment of Dr Moureen Wong as Co-Ordinator Economic Dev & Business Enterprise. Ms Wong joins Council with an extensive career in business and academia and time
with Parramatta Council working on economic development. Originally from Malaysia Dr Wong speaks five languages and has a Ph.D. in organisational psychology/behaviour (Melbourne University) with award winning research in motivation and complex problem solving. An accountant, she also has a commerce degree from UNSW and UNSW Business School with Honours in Marketing. She has worked with IBM in a branding and strategy role, with Symantec and JWT In Kuala Lumpur and Beijing she worked with a leading venture capital and investment company. Commenting on her appointment she said, “Having spent the past 17 years of work life in metropolitan Kuala Lumpur, Beijing, Sydney and Melbourne I am looking forward to a coastal life with my baby daughter.” She has lived at East Gosford for the past two years, has interests in food, music, and oceanography.
ses Wanted Quality Businesmobile home villages, parks, Including caravan ustries. turing & service ind fac nu ma s, motel e. nc rie Over 37 years expe
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At Robson Partners we believe beautiful business starts with good looking numbers. XERO is the leading online accounting software system that connects small businesses to their advisors and other services. It provides business owners with real-time visibility of their financial position in a way that’s simple, smart and secure. We teach business owners that one of the ways to drive profit in their businss is to systemise and leverage new technology that will lead to more time to focus on key drivers of asset growth, such as marketing and selling.
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So no matter what you do or where you do it, with XERO and Robson Partners we can help you do beautiful business. Want to learn more? Come along to one of our regular free seminars or 1-on-1 sessions to learn how you can ‘do beautiful business’ too.
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
PROPERT Y NEWS
Tax Office comes to Gosford but at what cost
Element to have high speed broadband – Big Air comes to town
The Element Building Erina now under construction
Image of the proposed Commonwealth Agency Building Federal Treasurer, The Hon Scott Morrison and Member for Robertson Lucy Wicks have announced that the Australian Tax Office will be located on the former Gosford Primary School site. The announcement was made during a visit by the Treasurer to Gosford on Friday 25th September. Due to open in 2017, the premises will house 600 staff from Commonwealth agencies with the majority of workers employed
by the Australian Taxation Office (ATO). While no details were released about the lease and sale of the school we do know that The Doma Group from Canberra has won the bid and the image above is what is proposed to be built on the most valuable site on the Central Coast. The State Government via the Central Coast Regional Development Corporation has been tight lipped about the project and continues to maintain a secrecy blanket over the site.
Sydney developer build at Ettalong Beach
A Sydney property developer has bought a vacant site at 220 Memorial Avenue, Ettalong Beach (opposite the Mantra Resort and RSL Club) with a current development approval in place. The 917 sqm corner block with sweeping views across the entrance to Brisbane Water had been owned by property developer Tesrol Pty Ltd since 2003 and then A & V Mamone Holdings Pty Ltd who gained a Part 3A approval from the Department of Planning as a State Significant Site in 2010 and then under-
took physical commencement. Price paid for the property was $7 million plus GST. A 7-storey residential and commercial development is proposed with 45 apartments and street level retail including restaurants. The build cost is estimated at $18 million. The new owner is planning to start construction prior to Christmas 2015 but not until after the Oyster Festival. Helen Hughes from McGrath Ettalong Beach negotiated the sale.
The consortium developing the Element building in Erina has struck a deal with the Big Air Group to provide high speed broadband fixed wireless network. As part of the deal with Big Air transmission towers will be erected on the Platinum Building, Rivers Building and Highpoint which means that all businesses in the Erina Business District will have high speed broadband well before the NBN is connected to Erina. Commenting on the deal, Commercialhq Manager, Tim Gunasinghe who has negotiated the deal with Big Air and who manages all the Brand Group properties and others in Erina, said, “its obvious the Federal Government can’t see the value of the businesses operating in Erina and will not tell us when we can expect the NBN. While the Government prevaricates we are getting on with it.” Big Air representatives will be approaching all businesses in the area in the coming weeks. Gosford Council approves Point Frederick development Gosford Council at its 22 September meeting approved a 20 unit residential development at 3 – 5 Lynn Avenue Point Frederick. The approval takes into account the retention of an existing heritage building known as ‘Cora Lynn’. The application was lodged by C. Maroon owner of the 2 properties. Gosford Council approves North Gosford development for 110 units Gosford Council at its 22 September meeting also approved an application for 110 residential units to be built in 4 buildings in Ormond Street and Range Road, North Gosford. The proposal uses Council’s 30% bonus provisions for height and FSR in the Gosford LEP 2014. Total site area is approximately 4,387 sqm. Key features include 16 x 1-bedroom units, 84 x 2-bedroom units and 10 x 3-bedroom units varying in size from 55 sqm to 114 sqm with 153 off-street car spaces. The application was lodged by Parramatta based Wehbe Management Services Pty Ltd, owners of the properties. CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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PROPERT Y
COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE
QUALITY WEST GOSFORD SHOWROOM AND WAREHOUSE
230m2 approx, 45m2 of 1st floor mezz area, full glass shop front, electric container height roller shutter, high internal clearance, toilet, kitchenette in a secure gated complex. SALE $350,000 + GST FOR LEASE $25,000 PA NET + GST
COMMERCIAL KITCHENS – INVESTMENT $299,000 GST N/A
West Gosford Ind Unit with 2 connected fully fitted kitchens + coolrooms etc. Leased to chain of cafes proprietor 1 + 1 years from 1/10/2015 and returning $29,455pa net.
ERINA STRATA OFFICE
$375,000 EXCL GST
West Gosford
LEASE
Multiple areas available consisting of 780sqm warehouse, 160sqm storage, 100sqm office, 50sqm storage. Off street parking and easy access for large trucks. Cheap rent.
Ground floor; partitioned; air cond; approx 101M2 + 2 car spaces.
Charmhaven SALE
160m2 showroom with roller door access on a 740m2 block with rear lane access. Good main road exposure. Large outdoor hard stand B2 local centre zoning. FOR LEASE - $500 gross per week + GST
LANDSCAPE YARD
Industrial land, 2 Blocks available, 2123sqm &
STAND ALONE FACTORY WITH COLD STORAGE
NORTH GOSFORD FACTORY $1.125M EXCL GST
STAND ALONE SHOWROOM AND YARD
Established high clearance warehouse 1,027m2 under roof with 160m2 freezer and 112m2 cool room. Pallet racking throughout.2.032 site with 650m2 hard stand. FOR SALE $1,300,000 + GST
AFFORDABLE INDUSTRIAL UNIT
110m2 Industrial unit with excellent vehicle access. High clearance tilt panel construction. This is the best value industrial for sale in this area. FOR SALE $200,000 + GST
MOVE STRAIGHT IN ! ERINA COMMERCIAL
104m2 ground floor commercial suite fully fitted out and ready to move in to. 2 car spaces very conveniently located at your front door. FOR SALE $385,000 + GST
‘Á’ GRADE COMMERCIAL OFFICE SUITE
383m2 (approx) 383m2 (approx) of ground floor commercial office suite including a combination of 5 dedicated offices, work stations, open areas and excellent storage options. FOR LEASE $115,000 NET PA + GST
IDEAL KINCUMBER RETAIL FOR LEASE
Approx 97m2. With parking at the front door exposure to Avoca Drive and a very strong, stable complex, this shop may be what you have been waiting for. FOR LEASE $42,000 GROSS PA + GST
FOR LEASE
Located in the newly re-opened Dyer Cres West Gosford, approx 2529M2 with on-site amenities $48,000pa gross excl GST. A level 2835M2 site with stand-alone factory, glass façade offices etc, approx 961M2. Has 5 monorail cranes; will suit engineering, manufacturing, transport terminal etc
INVESTMENT
$385,000 GST N/A
3737sqm $155 per sqm. Water, sewer and power on site. Near level land with street access. Build your dream factory or workshop.
Erina LEASE Prime
office/retail/bulky
goods,
excellent
exposure to approx. 35,000 vehicles daily, huge signage opportunity, areas available from
A quality industrial unit in the Palms Business Park approx 305M2 + mezzanine storage areas and includes substantial air cond office fit-out. Leased to 26/5/2016 + 3 years option and returning $30,455pa gross excl GST.
100sqm – 425sqm
KINCUMBER IND UNIT
Approximately 200m2 of air conditions space
FOR LEASE
Approx 160M2 and adjacent to Mitre 10 $21,500 pa gross excl GST. New epoxy floor.
UNIT 6/182 MANNS RD
FOR LEASE
Point Frederick
LEASE
Long established Vet Clinic on main road with high exposure and ample onsite parking. with consult rooms, reception, bathrooms, waiting area, kitchen and store rooms.
Great exposure; brick shopfront façade with rear roller shutter; approx 86M2 + storage mezzanine.
Erina LEASE
CHARMHAVEN ENGINEERS FACTORY FOR SALE/LEASE
78sqm to 156sqm. Floor to Ceiling shop fronts.
Approx 1300M2 with partitioned offices; 5T gantry crane $1.5M excl GST/Lease $122,000pa net.
Brand new complex. Only a couple of spaces left Flexible leasing terms, plenty of parking.
Prices shown with * are inclusive of GST.
“4 SEPARATE TITLES - MANY USES ABSOLUTELY AMAZING OPPORTUNITY!”
The four (4) lots total approximately 3187m2 (average 734m2 to 890m2 each). An absolute MUST to inspect - build on all four blocks or build on one and land bank the other three! FOR SALE $389,000 + GST
A FRACTION OF REPLACEMENT COST! E.O.I
Zoned RE2 & on approx 12,500m2 of level land, the main premises consists of (approx) 2,800m2 of reception, auditorium rooms, childcare rooms, bars and kitchens in various configurations. Expression of Interest close midday Thu 5th Nov.
• Outdoor & Building Signs
“A BIGGER BUILDING & BETTER VALUE!”
• A-Frames, Banners & Flags
Approx 5416m2 site area, Approx 2618m2 Main Building, Approx 828m2 high pitched awning & weigh bridge area, 2 concrete hardstand area totalling approx 1148m2 + 1650m2 = 2798m2 & Internal offices and work area / approx 288m2. FOR SALE $2,000,000 + GST
• Vehicle Graphics & Magnets • Indoor & Exhibition Signs
Bann ers
• Full Colour Digital Printing
BEST OFFICES, PARKING, STORAGE & FLEXIBILT
• Lasercut Letters
2 floors of premium office with plenty of windows and natural light, large open areas & partitioned space. Approx 530m2 total. 230m2 on each floor plus 3 double garages/storage and 16 Car Spaces. FOR LEASE $100,000 PA + outgoings + GST
• Boat & Trailer Graphics le Vehic
AMAZING OFFICE WITH FITOUT FURNITURE & AT A GREAT VALUE RENT
Approx 102m2 of fitout office with complete furniture inclusions, has a lift & stairs providing disabled access, also parking at the front door. FOR LEASE $38,760 PA + 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 OCTOBER 2015
ps Wra
• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers
Essence Images is one of the Coasts leading, and Award Winning photographic studios. We create competitive edge photography for your product, service, or face behind the business
0414 794 154
www.essence-images.com.au
• Safety & Real Estate Signs 3D Signs
Mon - Fri: 8.30am - 5pm
CALL FOR A
tuggerah.signarama.com.au
FREE QUOTE
Unit 16/10 Pioneer Ave, Tuggerah Business Park
PROPERT Y NEWS
9.35% return for Fountaindale industrial
LEASINGS Tenants return to new retail complex after fire
An industrial factory complex at No. 1 (Lot 3) Catamaran Road, Fountaindale has sold for $2 million excluding GST with a 9.35% commencing yield. The property comprises a 1,677 sqm concrete and steel factory building with warehouse, office, mezzanine, external yard and 30 car parking spaces on a 3,677 sqm lot. The property is leased to Koala Publishing on a 10 year lease with 2 x 5 year options at a current rental of $187,186 per annum plus Outgoings and GST. Ty Blanch and Brad Rogers from LJ Hooker Commercial Central Coast negotiated the sale.
Rebuilt retail complex at 30 Karalta Road, Erina Richard Ellis from Raine & Horne Commercial Erina reports that they have leased three shops in the retail complex at 30 Karalta Road, Erina rebuilt following a disastrous fire last year. So far 3 tenants have signed 3 x 3 years leases as follows:
Shop 2 – 67 sqm $26,800 pa plus OG and GST – Cruise Express Shop 3 – 78 sqm $30,000 pa plus OG and GST – Face On Beauty Shop 19 – 78 sqm – $28,000 pa plus OG and GST - ITP Tax Asian food retailer leases in Gosford Asian food retailer Sushi & Oriental Food has signed a 5 x 5 year lease on a 52 sqm retail shop at 110 Erina Street Gosford (opposite Gosford Post Office). Rental on the property is $16,000 per annum including Outgoings and GST. David Tawyer from Citicoast Realty negotiated the lease. Air conditioning company leases at West Gosford Air conditioning company Leading Climate Solutions Pty Ltd has leased Bay 16, 4
TUGGERAH 154 Pacific Highway
8.3% return for Somersby industrial
203 THE ENTRANCE ROAD ERINA
An investor has paid $1.95 million for an industrial property at 10 Pile Road Somersby with a net return of $8.3%. The property, leased to Fluidra Investments Pty Ltd for $190,000 per annum including Outgoings plus GST on a 10 year lease with 10 year option. The property comprises Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale
Quality commercial centre – excellent main road exposure Shop 2 Ground floor – 137.7 sqm Retail space – New carpet, paint and kitchen amenities, ducted A/C and onsite parking $38,000.00 per annum gross + GST Office 6 First floor – 121 sqm office – New carpet, paint and kitchen amenity, ducted A/C and onsite parking. $33,000.00 per annum gross + GST Office 5 First Floor – 193 sqm quality fitted office space, including reception and partitioned offices, ducted A/C and onsite parking $52,0000 per annum gross + GST
15 WATT STREET GOSFORD
Long Jetty factory /warehouse unit sold A local business owner has bought Unit 11 of 220 sqm at 38 Anzac Road, Long Jetty paying $385,000 excluding GST. Bernie Nash from LJ Hooker Commercial Central Coast negotiated the sale. North Wyong factory unit sold to Sydney investor Unit 4, a 234 sqm factory unit at 5B Lucca Road, North Wyong has sold to a Sydney investor for $250,000 (GST not applicable) providing a 7.2% return. The unit is leased to Wyong Tyre Battery & Mechanical Craign McMullen from Citicoast Realty negotiated the sale
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.
Good quality Gosford CBD office Lift access, new carpet tiles, fresh paint, ducted A/C, internal kitchen amenities and onsite parking (additional charge) Suite 3 First floor - 231.1 sqm $64,823.55 per annum net + GST Suite 4 First floor - 163.5 sqm $45,861.75 per annum net + GST * Suite 3 & 4 can be interconnected offering 394.6 sqm. Citicoast Realty 87 Mann Street, Gosford NSW 2250 Tel: 02 4324 1322 Email: Citicoast@citicoastrealty.com.au
Features include · Flexible lease terms · Very Competitive rentals · Excellent parking · Air-conditioning · Carpets, kitchenette · Balcony access for most suites For further details please contact
Julie Davies on 4355 5111
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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BUSINESS TIPS
ADVICE Can you extend probation? MPLOYERS
ur arge can anage rce, r trade reduce s comp
By Warwick Ryan, Partner, SWAAB Attorneys
ck Ryan PROBATION PERIODS ARE important com.au to employers. The probation period allows employers to gauge an employee’s com-
s petence and character, before it gets tricky um Building, terminating them. RINA NSW 2250
However, there is confusion around this status. As an employment lawyer, I am often asked whether an employer is able to extend the probation period of an employee who is not performing well – but perhaps not so abysmally as to warrant being terminated. Length of Probation The first point that needs to be made is that probation periods are often mistaken as being for a three month period. This is no longer the case. The Fair Work Act says that for organisations with:
• less than fifteen staff (across a group) the probation period under the legislation is twelve months. So, at any time during that first year, you can terminate that employee without reason being given and without a process of warnings. There are a number of good reasons why you may choose to both give a reason and also have a process of appraisal – but the legislation does not require it. For more than fourteen staff, the probation period is six months. Can it be extended? The short answer is – in normal circumstances – no. Even where an employee has been unwell for much of the probation period and the employer – understandably – asks for their absence not to be included in the probation, the period of probation is fixed. How can I engage a staff member to get a longer period of consideration? One option employers often adopt is to put employees on as casuals. Unfortunately, this is no help if the employee’s engagement is regular and systematic, in these circumstances, they will enjoy the same probation periods and can access unfair dismissal in the same way as a permanent employee.
Senate rescues small business with amendment to Unfair Contracts Bill While the Liberal Party was choosing a new Prime Minister in mid-September the Senate quietly rescued small business people from an outcome being inflicted upon them by the Abbott Government. The Senate amended the Unfair Contracts Bill by lifting the $100,000 contract limit, where the protections were to stop, to $300,000. This means that huge numbers of additional small business people should now have access to the unfair contract protections. Commenting on the Senate’s action Ken Phillips from Independent Contractors Australia said, “We thank the Senate and Senators. Just two weeks earlier the ICA expressed their shock, at the Abbott government on the issue saying the Abbott government was breaking a key small business election promise. In the end the ICA reports that all the Senate Independents and Labor supported the Greens’ amendment to increase the contract limit to $300,000.
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
“We can also report how sensible and reasonable all the Senators were to deal with. They listened to our reasoning and they stopped bad policy,” said Mr Phillips. “We didn’t get everything we wanted in our submission. We wanted NO contract limit, but the Senators told us that they thought the government might accept the $300,000 limit. But, no surprise, the government announced that it would not budge.” That was yesterday. This is today and a new Turnbull government is in place. “ We now we ask the Turnbull Coalition to honour its 2013 election promise to small business,” said Mr Phillips. The Bill goes back to the House of Representatives and can be changed. “The unfair contract protections must be made available to all small business people not some small business people. That was the election promise. We ask the Turnbull government to honour that commitment,” he said.
There is another exemption under the Fair Work Act for contracts of a specified period. A contract for a specified period cannot have an earlier termination clause. –If you wanted to terminate an employee during the term of this type of the contract, you would have to pay out the balance of the period. That could be expensive. A more useful option is an “outer limit” contract. These contracts are similar to contracts for a specified period, except that they also give employers the capacity to terminate employees earlier. For example, the employer may be a larger organisation that engages people on 12 month contracts with an outer limit provision. This means the employer can terminate the employee sooner. If the employer terminates outside the probation period (i.e. beyond six months) but before the end of that period (ie. 12 months), then (absent serious misconduct) the employer would have to go through the process of warnings. If the contract simply reaches the end date, then there is no termination by the employer and, therefore, no right for unfair dismissal. These contracts can be very useful. For further information, please contact Warwick Ryan at wpr@swaab.com.au.
PROPRTY REPORTS CONTINUED FROM PAGE 19
Merinee Road, West Gosford. Terms of lease for the 331 sqm space is $36,000 per annum for 2 years with 1 year option. Craig McMullen from Citicoast Realty negotiated the lease. Photographer leases shop at The Entrance Photographer, Jessica Noonan has signed a 1 year lease with 1 year option on Shop 1, 96 The Entrance Road, The Entrance, paying a rental of $20,280 including Outgoings plus GST. The lease was negotiated by Ben Purdue from Raine & Horne Commercial Car repairer leases at West Gosford Car repairer, Angel Smash Worx, has leased a 506 sqm freehold shed with two roller doors at 4 Donnison Street, West Gosford. Terms of the lease are 3 years with no options at a rental of $30,000 per annum plus Outgoings and GST. Brendan Byrne Bates from Raine & Horne Commercial negotiated the lease.
BUSINESS TIPS
Set your business for growth with the right finance
By Zac Peteh, Director, Mint Equity Lending criteria for business loans across Australia is usually harder than for other types of financing, partly due to the additional risk carried by the lender. Whether the business loan is for start-up capital and investment in stock or equipment, lenders will want to be reassured of your past and proven performance – that is, your ability to take their advanced money and turn it into more money by making a profit and servicing the loan. Business lending criteria will look at the Directors of the company or proprietors of the business to see if you are stable and can display past good credit. How to tell if your business needs finance Cash flow issues If your business runs low on cash from month to month but your sales pipeline is strong, an overdraft or invoice finance can help create a cashflow buffer for slow or
quiet months. The theory behind an overdraft or invoice financing, is that you only use it when you need it and replenish it when times are good. You only pay interest on the amount you use. Expanding your premises by buying an office, factory or warehouse If your business has outgrown its current premises and rather than rent your next office, factory or warehouse, you may prefer to purchase a commercial property in your business. Depending on the property, renting part of the property out to another business may help support the mortgage repayments. There are certain tax benefits to your business purchasing property, so it’s always best to speak with your accountant prior to doing so. Buying equipment or assets to boost revenue If your business has reached its capacity with the existing equipment or assets, you may need to purchase additional equipment to increase your turnover. Buying a new business, franchise or competitor For those who don’t want to start from scratch, buying an existing business or franchise might be an option to scratch your ‘self-employed’ itch. You may also have an opportunity to grab more market share by buying a competitor.
Loan security Loans can be secured or unsecured by various types of assets, including residential, commercial, rural property or business assets. Alternatively, some loans are unsecured and a director’s guarantee may be the only requirement. Generally the less the assets you provide for security the higher the interest rate will be. Plan your business, plan your financing Business finance can seem daunting and business owners may feel their only option is to talk to their current bank to ask for an overdraft. The world of business finance has grown and options are much more comprehensive. When looking at finance solutions for your business, an all-inclusive approach is essential which is why a mortgage broker can assess your current and future situation and provide a variety of solutions from multiple lenders. What should you do next? If you’ve already spoken to your accountant and they agree that your business needs additional funds to survive and/or grow, speaking with a mortgage broker with proven experience in business lending will help you weigh up your options. To learn more about how Mint Equity can help your business, contact Zac Peteh via email zac@mintequity.com.au or call 0402 883 450.
Customer complaints register on its way The State Government is moving ahead with legislation that will give NSW Fair Trading the power to publish information about which businesses have been subject to complaints from consumers. As a result small businesses are being warned to review their approach to handling customer complaints. Minister for innovation and better regulation, Victor Dominello has introduced
the legislation amend the NSW Fair Trading Act in late September. It is now before the Legislative Assembly. If adopted, the amendment to the Act will mean the Fair Trading Commissioner will have the ability to publish its internal data about the complaints it receives from consumers each year, including the identity of the people or businesses that are subject to the most complaints, in a public register.
However, the identity of the people who have made the complaints will not be published. The design of the register is yet to be finalised and consultation has already occurred with consumer and business groups, including the NSW Small Business Commissioner, the Australian Retailers Association and the Business Council of Australia.
CON T INUED AR T ICLES Priority Powder Coating notches up 20 years with increased sales to existing customers, saw them experience 40% growth enabling them to re-establish their afternoon shift. With the return of this second shift they are able to offer short lead times. Priority Powder Coating now employs 30 people. They are supported by their management team; Raelene Radford who has been with the Company for 12 years and is an integral part of the operations and production, Andrew Fraser, Factory Manager who has been with the Company for over 7 years and most recently Peter Woods,
CONTINUED FROM PAGE 13
General Manager who has a long history in local manufacturing and has even been a previous client. Commenting on their success over 20 years Mrs Hansen is quick to recognise their long serving staff. “Our current team is made up of many who have been with us for a long time including a number of our staff who share 16 , 12, 7 and 5 years service in all facets of the business,” she said. “Another reason for our success has been a very long standing client base of Central Coast and Newcastle businesses, some of
whom have been clients since we started. The continued growth of the Central Coast has also opened up new opportunities as it amazing what a diverse range of products is manufactured here.” The Hansens have shown that their focus on continuous improvement over the past 20 years has set up their business for the next stage of growth with increased capacity in both production, coating and assembly, as well as distribution. The future looks bright moving into the next 20 years!
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EVENT PHOTOGRAPHS
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
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CON T INUED AR T ICLES
Koala Publishing – Central Coast Business of the Year CONTINUED FROM PAGE 4
under the Koala banner, however they are not franchisees. Distributor territories vary in size and each distributor is provided all the tools, resources and training they need to be successful at no cost to them. “Everything we do is in support of these distributors because if they don’t do well, we don’t do well,” said Koala Publishing General Manager, Reuben Machin. And last but not least, is the company’s commitment to avoid “putting profits before people”, a mantra introduced from the very beginning by Tony Grieve. Speaking to Machin and Koala’s WHS and Human Resources Manager, Julie-Anne Goodman it’s clear they both have a deep level of respect for Grieve and a strong desire to continue his legacy. Koala’s commitment to maintaining a strong workplace culture is evident from the moment you enter the premises, with messages of encouragement and motivation everywhere you turn. Goodman joined the company in 2011 during a particularly challenging period in the company’s evolution. Undergoing the amalgamation of two business arms into one at the time, redundancies were necessary as part of the consolidation process. Both Machin and Goodman knew they had their work cut out for themselves to restore morale and a sense of security. Since that time they have implemented a number of workplace initiatives including the launch of a Health and Wellbeing Policy earlier this year. Recent workplace surveys provided valuable feedback resulting in the introduction of a number of additional health initiatives; these included mental health leave days, free fortnightly onsite massages, a healthy snacks box, support programs to reduce detrimental health behaviors such as smoking and alcohol, the provision of flexible working hours to assist with the management of emotional distress, family disruptions and time with external health support providers, and the provision of an
CCMC comes of age
onsite gymnasium complete with a personal trainer. “Even offsite staff receive support on how they can live healthy, active lives, said Goodman. “Research tells us that healthy workers are nine times less likely to have a sick day and three times more productive at work,” she added. Koala management also adopt an open door policy and a transparent culture in which all staff are made aware of the sales figures so everyone buys into the business, no matter how it is performing. This culture of trust and transparency promotes accountability and commitment for the good of the company as a whole as each individual understands that if the company performs well, they are all rewarded. “Tony always maintained that it is the culture of a business that ultimately drives its success or failure,” said Machin. Koala’s progressive culture and systems have served the company well, particularly at a time when others have succumbed to market pressures. Machin said that over the last five years the card market has dropped dramatically (around 20% across the board). This has taken a toll on a number of their competitors who have been forced to close their doors. Meanwhile Koala’s distributors and staff of 35 service a solid customer base of 4,000 retailers across Australia and a further 800 in New Zealand. The company also exports cards to countries around the world, including the UK, Canada, Hong Kong, South Africa and the UAE. Justifiably proud of their achievements in winning two awards at the Central Coast Business Excellence Awards, Machin and Goodman said it was particularly wonderful to share the news with the entire team the following Monday. With Beverley Grieve present to accept the awards on the night, the only person missing from the picture was the man himself. Machin said, “Tony often used to say, ‘you can’t control how you come into the world and you can’t control how you’re going to leave it, but you can control everything in between’.”
CONTINUED FROM PAGE 11
Adrian Price- Regional Manager - Hunter, Central Coast and Northern NSW. The team has been working closely together for the past three years and has enabled CCMC to come of age. CCMC will continue to be the trading name of Manufacturing Connect Limited. Our email and web addresses remain unchanged. The organisation would like to thank NI
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
and Innov8central for their help and support over the past five years and those previous advisory board members, past sponsors and current sponsors that have helped shape CCMC to what it is today. We look forward to continue to provide Information, support and networking opportunities for Central Coast manufacturers and service providers.
NorthConnex opportunities CONTINUED FROM PAGE 11
is expected to be completed by the fourth Quarter December 2019. Other key facts that were presented were: Scope of Project • Twin motorway tunnels close to nine kilometres in length with two lanes plus a breakdown lane in each direction, and a speed limit of 80 km/h • Each tunnel will be built with future capability to provide three lanes in each direction • A northern interchange connecting with the M1, the Pacific Highway & Pennant Hills Road • A southern interchange connecting with the Hills M2 Motorway and Pennant Hills Road • Integration work with the Hills M2 Motorway including the provision of a new 3.5km westbound lane on the Hills M2 Motorway from Pennant Hills Road to Windsor Road • A motorway control centre and ancillary buildings, ventilation outlet and water treatment plant near the southern interchange • Ancillary facilities for operation, such as electronic tolling facilities, ventilation facilities as well as fire and life safety systems (such as emergency evacuation infrastructure) • Modifications to service utilities and associated work at surface roads near the two interchanges. Design Features • Tunnel excavation approximately 20,500 m • XP Excavation - 1375m • Tunnel Spoil - 2,250,000 m3 • Shaft sinking – 34,000 m3 • Shotcrete – 180,000 m3 • Structural Concrete – 20,000m3 • Deepest point of excavation – 94 m Wayne Diemar, Project Director of HunterNet, on behalf of everyone present thanked Robert and Travis for their insights on behalf of everyone present and he highlighted the benefits of the project. That is providing an important infrastructure for freight traffic and the wider connectivity within NSW to reduce congestion and improve traffic flow along Pennant Hills Road. More importantly Wayne highlighted the opportunities for local businesses to bid for work on the project whether individually or as a consortium.
E VENTS CALENDAR
Central Coast business events calendar Event holder
Description
Date
Information
BIZ+
Networking Meeting
Every Thursday from 7.30am Erina Leagues Club
network@bizplus.com.au
East Gosford Chamber of Commerce
Members Meeting
Second Monday of the month
ken@howas.com.au
Gosford District Chamber of Commerce
Members Meeting
Second Wednesday of the month
www.gosfordchamber.com.au
The Entrance & District Chamber of Commerce
Members Meeting
First Wednesday of the month
www.theentrancecc.com.au
Northern Lakes Regional Business Chamber
Members Meeting
Second Tuesday of the month
www.northernlakes.net.au
The Peninsula Chamber of Commerce
Members Meeting
Second Monday of the month
www.peninsulachamber.asn.au
Wyong Chamber of Commerce
Members Meeting
Fourth Tuesday every 2nd month
www.wyongchamber.com.au
Central Coast Business Enterprise Centre
Social Media for Business Part 2
16 September
info@ccbec.org.au
Coastal Connexions (Information Technology Group)
Networking meeting
1st Tuesday each month
Central Coast Golf Network & Central Coast Manufacturers Connect
Annual Golf Classic
23rd October
srose@forsythesrecruitment.com.au
Central Coast Golf Network
9 Holes – Breakers Country Club
30TH October
srose@forsythesrecruitment.com.au
Central Coast Golf Network
9 Holes – Christmas Event – Kooindah Waters
20th November
srose@forsythesrecruitment.com.au
EFORE
EVER B N E IK L R B C ERIENCE C
EXP
Central Coast news and issues you won’t find anywhere else, PLUS... Great networking opportunities at our regular bi-monthly Cocktail Evenings, Access CCBR with our new App (Central Coast Business Review Magazine in the App Store) Weekly Subscriber Newsletters to keep you right up to date. Have your say through our Linkedin Discussion Group and follow us on Twitter and Facebook.
JOIN US AND SUBSCRIBE ONLINE NOW www.ccbusinessreview.com.au
CENTRAL COAST BUSINESS REVIEW OCTOBER 2015
25
26
FUNNY BUSINESS
A WOMAN WALKED up to a little old man rocking in a chair on his porch. “Sir, I couldn’t help but notice how happy you look this morning,” she said. “Tell me, what’s your secret for a long, happy life?” “I smoke three packs of cigarettes a day,” he replied. “I also drink a case of whiskey every week, eat fatty foods, and never exercise.” “That’s amazing!” she exclaimed. “How old are you?” “Twenty-six.” An accountant dies and goes to Heaven. He reaches the pearly gates and is amazed to see a happy crowd all waving banners and chanting his name. After a few minutes St. Peter comes running across and says, “I’m sorry I wasn’t here to greet you personally. God is looking forward to meeting such a remarkable man as yourself.” The accountant is perplexed. “I’ve tried to lead a good life, but I am overwhelmed by your welcome,” he tells St. Peter. “It’s the least we can do for someone as special as you are. Imagine, living to the age of 123 and still looking so young,” says St. Peter. The man looks even more dumbfounded and replies, “123 years old? I don’t know what you mean. I’m only 40.” St. Peter replies, “But that can’t be right we’ve seen your time sheets!” Two neighbours were talking about work, when one said, “Say, why did the foreman fire you?” The other neighbour replied, “Well, you know how a foreman is always standing around and watching others do the work. My foreman got jealous. People started thinking I was the foreman.”
An elderly couple were killed in an accident and found themselves being given a tour of heaven by Saint Peter. “Here is your oceanside condo, over there are the tennis courts, swimming pool, and two golf courses. If you need any refreshments, just stop by any of the many bars located throughout the area.” “Heck, Gloria,” the old man hissed when Saint Peter walked off, “we could have been here ten years ago if you hadn’t heard about all that stupid oat bran, wheat germ, and low-fat diets
“Good. What comes after three.” “Four,” answers the boy. “What comes after six?” “Seven.” “Very good,” says the teacher. “Your dad did a good job. What comes after ten?” “A Jack.”
Quote of the month Believe and act as if it were impossible to fail
The teacher asked little Johnny if he knows his numbers. “Yes,” he said. “I do. My father taught me.”
Charles F. Kettering
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