Central Coast Business Review

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Print Post Approved – PP100001854

Vol 28 September 2018 Published monthly (except January)

Steven Hyde – TrendPak Leveraging the rise of the private label Council CEO at Gosford Council Tale of two harvests Industrial hemp biocomposite production for Coast

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CON T EN TS

Read ersh ip

20,00 0 Cover story 4

Steven Hyde – TrendPak

Leveraging the rise of the private label

Business news 7

Council CEO at Gosford Chamber

9

A tale of two harvests

9 Industrial hemp biocomposite production for Coast 11 Zumbucha Zest links up with AIDA

18 Point Frederick development wins UDIA award 18 App developer recognised in 2018 Anthill Smart 100 Index 18 Crowne Plaza continues support for Academy 19 $9 million for industrial investment

13 North ownership transition 14 New publication launched 14 Robson Partners appoints Communications Manager 15 Michael Humphries joins Hitech Support will focus on Coast 16 Wyong High students get a taste of foodie careers 16 Visit the Central Coast – Have a little adventure

Contact

Front cover: Steve Hyde – Photo: Jeff McGarn

property 22 Pathology company leases Somersby warehouse

12 Merindah display suite launched 12 Planning controls to progress Gosford’s revitalisation released

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24 Mind your business

Regular features 8

Edgar Adams’ Editorial

Strong economy across the Coast needed but Council just don’t get it

14 Business briefs 19 Property news 23 Prestige residential property news 24 Business tips 26 Funny business 27 BUSINESS SERVICES DIRECTORY

Hear Edgar Adams’ business comment 8.10am each Monday.

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Central Coast Business Review Central Coast Business Review is a Registered Trade Mark of Adams Business Publications Pty Ltd P.O. Box 3259, Erina, NSW 2250 Phone: (02) 4367 0733 Fax: (02) 4367 0744 Email: info@ccbusinessreview.com.au Typesetting by Graphic by Design ph (02) 4365 6777 Print & Distribution by Bromley Direct ph 0412 439 773 © Adams Business Publications 1994. All rights reserved.

Reproductions in any part prohibited. While every effort has been made to ensure all information in this magazine is accurate, no responsibility will be accepted by the publisher, Adams Business Publications. The producer accepts no responsibility for illustrations or photographs supplied by organisations or individuals and/or typographical errors.

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

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CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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COV ER S TORY

Steven Hyde – TrendPac THE STRUGGLE AND closure of some manufacturing sectors in Australia has been well publicised in recent times. Despite this, manufacturing in Australia is far from dying. It’s just undergoing significant change as economic realities take hold and disruptive technologies and new markets emerge. While innovation is crucial to a manufacturer’s success in the 21st century, understanding customers and responding to their specific needs better than anyone else delivers the greatest competitive edge. A Central Coast family-owned and operated contract manufacturing company that has been through all the ups and downs of the sector and risen above the challenges for the past fifty-five years is TrendPac at Berkeley Vale.

Think of a cleaning, hair care or skin care product – in fact up to around 180 non-food products – and there’s a strong probability that TrendPac designs, tests and manufactures the product, bottle and the lid before distributing the finished product to its customers or directly to supermarket warehouses around Australia. Led by Managing Director, Steven Hyde, TrendPac has just achieved its best year yet (just under $70 million in turnover) after strategically positioning its manufacturing operations to leverage the rise of private label products in Australia’s largest retail supermarket chains, Coles, Woolworths and Aldi. This story explores the journey of this innovative and client-focused family business and highlights the keys to their extraordinary success.

In the early 1960’s, Steven’s father, Jim and his work colleague Ken Twigg resigned from the multinational hair care manufacturing

Leveraging the rise of private label

company they worked for (Jim as Production Manager and Ken as Accountant) to go it alone. Starting the business from a small basic factory unit in Manly Vale on Sydney’s northern beaches, Jim and Ken mixed products in 44-gallon drums to supply to hairdressing salons. The pair turned over about £500 in their first year. Over the ensuing years, the business grew steadily, trading as Hu-Chem Pty Ltd until the late 1970s when they changed the name of the business to Trend Laboratories Pty Limited. Steven helped out on the factory floor during the 1970s while still at school. By the time he was at university, studying accounting and law, he had gained experience in everything from laboratory work to forklift driving and working on the production lines. “I saw first-hand how hard my father worked to get the business up and running.

It gave me an appreciation of what it takes to run and grow a company,” said Steven.

After working for a few years as an accountant and then a solicitor, Steven joined the family business as their Sales and Marketing Manager in July 1989. “Coming from quite a conservative background at a legal firm, it was a real shock to the system to visit big retailers and be treated with some disdain,” Steven recalled. “But that experience taught me to be very focused on offering a value proposition to our customers.” His focus on the value proposition served the company well. From the early 1990s they were turning over around $8 million and by 2000 that had increased to $12 million. The forecast for the current financial year is around $77 million. Clearly having resisted falling victim to the onslaught

By Phaedra Pym

of international competition and choosing to invest in the infrastructure needed to become a world-class local manufacturer is paying dividends. “We always have our eyes on what’s happening around us and have always understood the need to invest in new processes and technology to improve efficiencies and capacity. At times the investment has been substantial without being certain that the opportunities would eventuate,” said Steven, adding that it is necessary to take calculated risks in such a fast-changing industry.

The real opportunities came when the company purchased the former Proctor & Gamble site in Berkeley Vale in 2003, changing their name to TrendPac at the same time. It was also around this period that Aldi came on board. Contrary to the recent negative press the German supermarket giant has been receiving in terms of their effect on Australian manufacturers, Steven says the opposite is true. “Many think that all Aldi products are brought in from overseas. But the truth is that a very high percentage of their products are produced by local manufacturers like us.”

Steven largely credits Aldi for the dramatic improvement in the perception of private label brands in Australia because they raised the benchmark, which effectively forced Coles and Woolworths to up the ante.

According to Consumer Research company, Nielsen, almost two-thirds of Australia’s $10.6 billion grocery sector growth to 2021 will come from private label products. In line with this finding, 75% of TrendPac’s sales today are derived from the manufacture of private label brands for Aldi, Coles and Woolworths. So as

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COV ER S TORY

consumers, when we purchase a private label non-food product, we’re almost certainly supporting an Australian manufacturer, and very likely TrendPac, which today employs more than 200 locals and a casual pool of about 50 over a 24-hour six day a week operation.

In terms of human resources, Steven said one of the greatest challenges they have is finding skilled manufacturing staff. “Schools these days aren’t doing enough to promote manufacturing as a career option. We have good people on board who are well paid but we need more of them, particularly people with engineering, chemistry and technical trade skills. We definitely experience difficulty finding them,” said Steven, adding that there are a few long-term staff members who still commute from Sydney (the longest serving staff member has been with the company for 43 years and several have been with them for more than 25 years).

Other key factors which have led to TrendPac’s success include: • Being a one-stop-shop for their retail clients – everything from R&D to logistics is managed and controlled in-house, creating a true value proposition in the market.

• A constant focus on quality, consistency and customer service. They are renowned for listening to clients to learn where they could add the greatest value.

• Being selective on the contracts they tender on.

• Having the skills and expertise to propose better designs and product formulations to clients.

• Adopting a Lean manufacturing approach,

Trendpac Executive Team: (l to r) Coln Berry – Operations Manager, Moira Davidson-Copping – HR Manager, Steven Hyde – Managing Director, Jason Jones – Purchasing Manager, Wayne Dicks – Chief Financial Officer.

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which focuses on efficiencies, waste reduction and recycling.

An excellent workplace culture. Steven strongly believes in maintaining a close connection with members of the TrendPac team. “My father taught me that if you treat people with respect you will receive it back.”

He also believes in transparency and has introduced a goal-focused system to align individual goals with company goals.

Regular strategy meetings with the Executive team.

Understanding that no matter how big you are, success in business is simply about having more cash at the end of the process than you had at the start.

Engaging external business advisers as mentors but also to help embed such initiatives as Lean manufacturing processes company-wide.

Maintaining mutually beneficial business relationships with suppliers, which includes retaining the local carrier (Hoyhaul

Transport) for local and interstate deliveries, a company that has grown with TrendPac. All these factors have seen TrendPac perform strongly in terms of revenue growth since 2000 in an increasingly competitive global contract manufacturing market.

Steven is also the current Chairman of Central Coast Industry Connect and says this group gives the sector, which includes suppliers, manufacturers and industry bodies, one united voice to strengthen business opportunities on the Central Coast. “Many exciting things are happening at the present time as a result of this collaboration for the Central Coast, particularly in the food sector,” said Steven.

In terms of TrendPac’s future, Steven said, “We’re in a really good position right now with solid enquiries coming in. We are on track to achieve strong sales growth within the next two to three years.” No doubt Jim, who passed away ten years ago, would be very proud of what the TrendPac team has achieved.

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BUSINESS NEWS

Council CEO at Gosford Chamber THE AUGUST LUNCHEON meeting of the Gosford / Erina Chamber of Commerce’s saw the largest ever attendance with 140 members and guests at the Gosford Golf Club to hear recently appointed CEO of the new Central Coast Council, Gary Murphy give an impressive address that focussed on his principles for the future of Council under his management, a picture of the size of this Council – one of the largest in NSW and the challenges and opportunities.

The former Lismore Council General Manager said that he sees the Chamber as the peak body for business, especially small business and during his time at Lismore worked with NSW Business Chamber and Small Business Commissioner to develop the Small Business Friendly Council programme. “I am a strong supporter of chambers of commerce and I understand the importance of being able to discern their representative voices,” he said.

Speaking on his management philosophy Mr Murphy said that he believes in the 3 R’s of Respect, Relationships and Responsibility.

• Respect – we are a service organisation and need to respect our community who are at the centre of everything we do. We do not need to like everyone but we must be respectful in our dealings with them.

• Relationships – in order to be respectful we need to develop strong relationships with chambers, service organisations, NGOs, volunteer groups because we can’t do everything and forming partnerships with key organisations is essential in order to deliver on community expectations.

• Responsibility – we are responsible for several billion dollars worth of community assets, not to mention natural assets such as our beaches and bushland. We must be responsible stewards not just for current but future generations as well. We must make decisions bearing in mind that we must create a lasting legacy, not liability, for those who follow us.

Dimensions of Central Coast Council Emphasising the size of the Central Coast Council area Mr Murphy used a snapshot slide presentation showing that this Council is the 3rd largest in NSW by population, largest by revenue and 6th largest by revenue in Australia.

“We are a significant player and deserve to be treated as such by all levels of government,” he said.

“We are no longer a country town, we are influential and we need to recognise that and capitalise on it. We deserve and must demand a seat at the table when decisions are made that affect us.”

What are the challenges we face?

Mr Murphy said that with youth unemployment at around 18%, more than 25% of

Central Coast Council CEO Gary Murphy addressing the August meeting of the Gosford/Erina Chamber of Commerce the workforce having to travel, mostly to Sydney, each day and 48% of the community with no qualifications this perfect storm is unacceptable and needs to be addressed.

What are the opportunities?

“We have employment land available but much of this is unserviced and constrained by various factors. It is an issue that we have to address,” he said.

On a positive note Mr Murphy referred the amount of construction underway in Gosford. “For the first time the Central Coast will be included in the Crane Index which is a tangible indicator of economic activity. I can count 10 cranes from my office in Gosford,” he said.

Mr Murphy said that with the Regional Leadership Group that comprises the Parliamentary Secretary for the Central Coast Scot MacDonald, the Coordinator General Lee Shearer, Department of Premier and Cabinet, RMS, Health and Transport for NSW, all relevant agencies are working constructively and positively together for the future development of the region.

age off the hospital, multi-level carpark. A Buy Local Portal was introduced to allow local contractors to capitalise on the construction opportunities, opportunities for apprentices and Aboriginal and Torres Strait Islander youth, demolition of substandard social housing and new affordable housing, Other initiatives have been the development and publication of a Lismore Prospectus to attract private investment and public funding to the City of Lismore and a promotional video featuring international local soccer player Craig Foster.

“What if that was Usain Bolt?” he concluded Mr Murphy arrived early for the Chamber meeting and left late giving many members of the audience the opportunity to speak with him.

Funding opportunity of a lifetime Funding is available in particular from the Snowy Hydro Fund that will see potentially hundreds of millions of dollars heading our way to provide enabling infrastructure to unlock development and job creation. “We are on the cusp of a once in a generation funding opportunity and we must seize it and use it smartly and strategically,” he said.

Finally Mr Murphy highlighted some of the initiatives that he introduced while in Lismore showing what can be achieved.

One example was the Lismore and Health Precinct – A $320m hospital upgrade that required changes to the DCP and LEP to create a health precinct and enable allied health business to leverCENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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EDITORIAL

Edgar Adams discusses local issues

Strong economy across the Coast needed but Council just don’t get it AS WE GO to press John Singleton’s Bonython Tower in Gosford CBD topped out and is now well on the way to completion in early 2019. Bonython Tower will set the tone for Gosford’s future and standing on the top floor looking out across Gosford that seems almost guaranteed with all the cranes working away. Right now there are 15 cranes in Gosford and by the end of the month there will be 16.

Meanwhile we have to ask, “what about the rest of the Central Coast?”

There is little point in being the Capital of the Central Coast if the rest of our region is going backwards.

And, that is exactly where the people we elected to run our region are taking us. Here we have a mindless group of people, led by a greenie Mayor hellbent on taking us back to the worst days of Gosford Council.

Last month we had the Labor/Green Councillors impose a Climate Change Policy on the region that will see insurance premiums in many areas skyrocket over the next few years. It happened in Wyong some years ago under a Green Council and it took a realistic and sensible Mayor Doug Eaton to reverse it. But not before it had caused enormous economic damage. (Memories are short).

Also last month these Councillors reduced the number of objections for a Development Application from 50 to

15! You can get 15 objections in a pub on a Friday night so this move has effectively stymied any DA that anyone doesn’t agree with.

Confirming that they are dead against development, this Council also voted down a $37.2 million 63-unit residential development at Woy Woy at the Woy Woy Bowling Club on the basis of height.

The only hope of this Club surviving is with this development so in due course a lot of jobs will be lost. But that’s okay.

And now they want to demerge! What utter senselessness is this?

Which brings us to another point. The Labor Party is playing games (think Ettalong Channel dredging) with our future. These days the Central Coast ALP is being run by the Member for Wyong David Harris who I once had enormous respect for. But he is supporting divisive and deceitful politics in the lead up to the March State Elections in 2019.

At the same time the Liberals in Council are proving themselves to be utterly hopeless.

But back to our economy and the rest of our region.

By 2036 there will be an extra 76,500 people living on the Coast under the government‘s Central Coast Growth Plan.

And this Plan says there will be an extra 25,000 jobs.

Well good luck with that.

Our greenie Mayor and her mob won’t be having any of it!

Unless the Planning Minister introduces an Independent Hearing and Assessment Panel like he did for all Sydney Councils and Wollongong on 1 March 2018 this Council will destroy our economy before its term is up.

Investors won’t put up with the crap that this dysfunctional lot are going on with.

Investors need certainty and the only thing that is certain is that they will be fooled around.

Right now the northern area of the Central Coast needs investment but killing off the Warnervale Airport and trying to stop the coal mine sends all the wrong signals.

What this says is, we would prefer unemployment, misery and welfare than good well-paying jobs.

Of course at the end of the day we voted these people in and they are here until September 2021!

What this means is that everyone of us has to start working towards a change now.

We need to be thinking about potential independent candidates now.

Edgar Adams Editor

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BUSINESS NEWS

A Tale of Two Harvests!

IN MAY, 2016 the Central Coast Plateau Chamber of Commerce Board decided to investigate and promote a startup harvest trail project. Farm gate opportunities for farmers has the potential to offset poor market prices, coupled with reduced productivity due to dryer than usual weather patterns and current use of social media gives a much greater flexibility for farmers to optimise seasonal productivity.

To gauge community reaction for the project, an initial forum was held which attracted nearly 30 farmers from across the Plateau and adjacent Valleys. It was obvious that the project would have the support of farmers and community members. Also obvious was that such an initiative would need the financial support of the new, amalgamated Central Coast Council. This premise was not new to the Harvest Trail concept; most LGAs have actually instigated similar projects especially in the regions around Sydney which are highly successful A meeting with Central Coast Council’s Administration Team was requested which became a series of meetings with different staff as the Council found its feet.

The Chamber was optimistic that a good idea, backed by a strong community representation, would get funding support for what amounted to a rather insignificant seed funding amount that could then be used to satisfy Destination NSW’s objective to encourage innovative tourism projects.

Commenting their approach to Council, Chamber President Mrs Lorraine Wilson said, “Certainly conversations with the Administrator and General Manager gave us the impression that a CC Plateau Harvest Trail was a great idea and worthy of support.”

“We obviously sold the idea extremely well because Council decided it would run a Harvest Festival.”

Planning began at the end of 2016 and the first CC Harvest Festival event in June 2017 was hugely successful, especially the farm gate experiences.

The issue for the CC Plateau Harvest Trail project however was that the Festival event did not provide year round promotion of the fruit, vegetables, flowers and so much more, across all the seasons, grown on the CC Plateau.

While the success of the Harvest Festival was instrumental in a successful small grant ing it stays in application for the CC Plateau Harvest Trail but those elusive at the end of 2017 more funding will be across your financials. y for your future? needed for the much greater project objecountants tives of the CC Plateau Harvest Trail.

Mrs Wilson said that the Chamber is working with Council to gain the same

Industrial hemp biocomposite production for Coast

Picking oranges at Kulnura festival event success story for a Farmgate Trail. “The number of emails, FaceBook posts, phone calls received on a daily basis is further evidence that the Central Coast and Sydney consumers want this farm gate experience,” she said and also mentioned that overseas visitors can be added to that list.

If some of the effort put into making the Harvest Festival CC a weekend success in June was given to the CC Plateau Harvest Trail there would be multiple beneficiaries including tourism, consumers, and farmers – throughout the year.

Biofiba Limited has begun the process to establish a manufacturing facility on a substantial site located at Somersby for its patented Industrial Hemp based biocomposite products and is looking to commence operations within the first quarter of 2019.

Incorporated in 2009, Biofiba Limited is a developer, manufacturer and licensor of a new generation disruptive technology, being used as an alternative to timber and as a replacement for plastics used the single use disposable packaging and logistic industry.

“We’ve met with key stakeholders and have the various applications in place, it’s now a matter of going through the motions to make this a reality for the Central Coast,” Laurence Dummett, Chairman of Biofiba said.

At a very low development cost of only $10.5 million Biofiba has now achieved stage 1 of the objective and has patented, developed, manufactured and produced a cost effective commercial product which has been market tested and certified by the CSIRO as a 100% biodegradable composite. The manufacturing system is also certified as a non-producing C02 process.

The most wasteful and environmentally damaging segment of the global packaging industry is the humble export shipping pallet generating annual revenues of US$80 billion, producing circa 6 billion one-way single use pallets per annum that, after a very short cradle-tograve life span of only 45 to 60 days that end up in landfill.

CONTINUED ON PAGE 25

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Kombucha Zest links up with AIDA

Jamie Sullivan and Nathan Jennison ERINA BASED NATIONAL beverage distributor Australian Independent Distribution Alliance (AIDA) has linked up with West Gosford health drink manufacturer Zest Kombucha that will see a new branded kombucha distributed throughout Australia.

A chance meeting between AIDA Owner and General Manager Jamie Sullivan, who was looking for a company to produce a private label kombucha and Zest Founder and Owner Nathan Jennison has resulted in Zest producing kombucha under the AIDA owned Sully’s brand.

Kombucha is a health drink that results from the process of fermenting green or black tea, white sugar and yeast to create a live sparkling probiotic with a sweet/tart taste. It originated in China 2,000 years ago and has gained market acceptance in Australia in recent years due to its health benefits. According to Jamie Sullivan it is the next big thing in the beverage market.

Nathan Jennison is a former merchant banker who tired of commuting from the Central Coast to Sydney each day and started looking for a lifestyle change. Being interested in healthy living he was aware of kombucha which was new in the market place and saw an opportunity for a product with natural flavours and more acceptable taste.

He started by learning brewing technology and the science involved then developing the product in his home kitchen with new flavours and getting the taste right.

This was followed by test marketing to health food stores and cafes.

By September 2014 the Zest brand was being sold at farmers markets with a positive response.

Six months later in May 2015 he leased space in a cold storage facility at in Jusfrute Drive, West Gosford and setting up a brew house and bottling line and engaging a

brewing team to take the product to a wider market.

Since then with ten exotic flavours in 330 ml bottles Kombucha Zest has become accepted in the market place.

Meanwhile Jamie Sullivan was looking for a new product for his network of independent ‘route trade’ distributors across Australia to sell to their 24,000 customers and he knew kombucha was it.

It was a new category with no brand loyalty and as he knew he would be developing a new market wanted to secure it with an exclusive brand – Sully’s.

Mr Jennison agreed and Sully’s Kombucha will soon be available in retail outlets like service stations and convenience stores and others that make up the ‘route trade’.

Meanwhile, this move has allowed Zest to move into a new market where it is available on tap in restaurants and bars.

AIDA places fridges into stores and apart from a few minor restrictions, allows retailers to stock whatever they want from the AIDA range. The company says its members supply some 25,000 outlets in the convenience, route, cafe and foodservice channels.

“Carbonated is a massive part of the beverage industry,” Mr Sullivan said, “But there are a lot more options now and people are becoming more health conscious.

For many years, retailers have been pretty much dictated to by the major drinks manufacturers. But those days are going and retailers are now responding with a more widespread beverage offering.

According to Euromonitor, soft drink sales across all Australian retail channels declined by 4 per cent last year while cola sales declined by 7 per cent.

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BUSINESS NEWS

Merindah Display Suite launched

Merindah Display Suite – Mann Street, Gosford EARLY AUGUST SAW the launch of Pinnacle Construction’s marketing drive for their residential project Merindah in Gosford with the opening of a Display Suite at 21-23 Mann Street.

With construction about to start on the largest residential project on the Central Coast the launch gave Pinnacle’s sales staff and executives the opportunity to meet with investors and buyers from Sydney along with the Gosford business community.

In welcoming guests, Managing Director, Joe Bechara said, “Gosford offers some of the best water views and lifestyle opportunities in NSW and with the State Government now backing its revitalisation the city’s future is assured. This has given us the confidence to invest and make the Coast our future.”

Designed by East Gosford architects CKDS Architecture The 15-level plus 3-level

Pinnacle Constructions Founder and Managing Director Joe Bechara car park residential development will comprise 140 units with prices starting at $399,000 for a 1-bedroom unit of 56 sqm to $750,000 for a 2-bedroom unit on the top floor of 94 sqm with most apartments having views of Brisbane Water.

Sales Manager, Pablo Gutierrez said that since opening enquiry had been strong.

“We are seeing almost 40 enquiries a day of which 48% are from Sydney and 36% from the Central Coast. Of these 83% are owner occupiers and 17% are investors,” he said.

Planning controls to progress Gosford’s revitalisation released The revitalisation of Gosford City Centre as the vibrant, liveable capital of the Central Coast, reached another milestone in midAugust 2018 with the release of the draft Development Control Plan (DCP) for the community to view and comment on.

The design-led development of a city linked seamlessly to its natural environment with quality connected and activated parks, streets, buildings and amenities for people to enjoy, are key features of the DCP. In crafting the controls, care was taken to ensure development protects sunlight access to key public places by lifting the level of protection from the purely subjective control that applies now, to a measureable performance standard supported by a design excellence process. Another key objective is protecting views of the surrounding bushland and Brisbane Water, in keeping with feedback from the community.

The draft DCP provides the detailed objectives and controls to support the proposed Gosford City Centre State Environmental Planning Policy (SEPP), to ensure all development is consistent with the NSW Government Architect’s placebased recommendations for the city.

Coordinator General for the Central Coast Lee Shearer called the DCP “a blueprint to ensure design excellence is at the heart of Gosford City Centre’s revitalisation”.

CONTINUED ON PAGE 12

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North Construction & Building ownership transition NORTH CONSTRUCTION & BUILDING is pleased to announce its ownership transition plans.

After working in the business for 25 years, including almost 20 years as Managing Director, Tim Cornish will be handing the reins over to Matthew Cook at the end of 2018. Matthew has been at North since 2001 and a director of the business since 2008. Additionally, Ray Millar, Estimating Manager, and John Melvin, Senior Project Manager, will both take on director roles.

Joshua Sheather and Darren Wilton will continue as shareholders.

‘I believe this change is an opportunity to strengthen the resolve of the business to lead the industry in this region as a professional, values-driven company,’ expressed Tim Cornish. ‘Given North’s position in the current market combined with the capabilities of our leadership team, I feel the time is right for me to exit the business to explore long-held personal aspirations outside the construction industry.’

In continuing the history as an employeeowned business, ownership of North will be expanded to include Nicole Redmond, Corporate Services Manager; Sarah Wouters, Finance Manager; Richard Telfer, Senior Project Manager; Ryan Wheele, Site Manager; Grant Cameron, Apprentice Manager; Gareth Stephens, Project Manager; and Daniel Surridge, Project Manager.

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COURSE

COURSE

North 2019 Shareholders (from left to right) – Darren Wilton, Ray Millar, Gareth Stephens, John Melvin, Sarah Wouters, Tim Cornish, Ryan Wheeler, Richard Telfer, Grant Cameron, Nicole Redmond, Daniel Surridge, Matthew Cook, and Josh Sheather.

Building will continue business as usual delivering commercial construction projects focused on schools, aged care, medical, commercial and public buildings.

North’s commitment to clients, some of whom include: Downer EDI for the Newcastle Light Rail Project; Hunter New England Health; St. Philips Christian Colleges; Catholic Schools Office; Newcastle Eye Hospital; Central Coast Council; Lakes Grammar School; NSW Schools Infrastructure; NSW Ambulance Service; and Regis Aged Care, will remain steadfast during and after this leadership transition.

Tim Cornish joined North as a building cadet in 1993 and was appointed Managing Director and major shareholder

in 1999 when the founders of the company, Michael and Merle North, retired. The announcement of his departure continues a strong history of employee ownership and management of the business and will support the continued growth of the business moving forward.

‘The future is bright for North,’ stated Matthew Cook, Director and incoming Managing Director. ‘I will ensure the continuance of Tim’s legacy of the company’s success and growth being driven by our pursuit for excellence across all aspects of business; from management of staff, to systems and processes and, of course, in the delivery and completion of every one of our construction projects.’

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CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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BUSINESS BRIEFS

New publication launched

Brooke Simmons Central Coast Chronicle has been launched

by Brooke Simmons, Founder of Central Coast based Public Relations agency Pursuit Communications. Central Coast Chronicle is a planning and notification site for businesses of all sizes to avoid event clashes, collaborate with local businesses and build the profile of local identities and influencers.

The website came as a result of some apparent issues. “Increasingly, people asked me for referrals to my contacts. While secondly, too many events across the spectrum were scheduled at the same time thereby limiting the number of potential attendees, ” said Brooke.

The Chronicle comprises a variety of services - a calendar to forward plan and avoid diary clashes, a VIP function allowing for promotion of local identities to leverage their profile, a member database to connect and collaborate and a public relations platform - with more services to be launched in the coming months!

“The Chronicle is a one-stop-shop for anyone in business on the Coast. If you’re looking to schedule a performance, host an evening for your valued customers, whatever the function - the calendar service alone will ensure you’re one step ahead in so many facets of the marketing and event coordination process,” added Brooke.

“The Central Coast has a fabulous reputation of helping one another out; through Central Coast Chronicle, this attribute will extend to grow businesses to achievements beyond their expectations,” said Brooke.

Pricing structure details are available online at www.centralcoastchronicle.com.au and all subscriptions come with a 30 day free trial.

Robson Partners appoints Communications Manager

Gillian Martin Central Coast Communications Manager, Gillian Martin has joined one of Gosford’s largest accounting, financial planning and business coaching firms, Robson Partners.

So that you can get back to the important business, of your business

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

Central Telecoms appoints Marketing Manager

Frankie Aston

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With twelve years’ experience managing communication strategies and stakeholder engagement for global food and wine businesses in Sydney and the Central Coast, Ms Martin is now turning her hand to the finance industry.

“The right approach to finances can have a major impact on the quality of people’s lives.

I’m looking forward to supporting the team at Robson Partners to connect clients and the local business community to relevant news for their financial wellbeing,” she said.

Troy Marchant and David Evers, Directors of Robson Partners, are pleased to add this layer of support to their clients and business.

Frankie Aston has joined Central Telecoms in the newly created position of Marketing Manager.

Ms Aston brings a long career of marketing in top tier technology organisations, managing consumer, service and business

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marketing across digital, traditional media, strategy, brand and customer insights.

She brings her experience in the technology industry together with strong customer insights to bring the outstanding local service of Central Telecoms to the next level.

The appointment in July has seen the Central Telecoms team expand to nine, with plans to further the reach of the business beyond NSW in 2019. Central Telecoms offers a truly local business to business service with Territory managers providing 5 star rated services including Business NBN, VOIP, Cloud PBX and Mobile.

and focusing on what matters to them.”

She said she recognised the need for a specialist family law firm on the Central Coast that puts service and excellence at the top of the list.

Mrs Edwards has travelled extensively within Australia and overseas over many years and said that this experience and understanding would benefit clients involved in complex family relationships.

Mrs Edwards has been appointed to the Legal Aid Panel for family law.

Michael Humphries joins Hitech Support will focus on Coast

Solicitor opens Erina family law practice

Cheryl Edwards

Michael Humphries

Cheryl Edwards has established CopperTree Family Law in the Platinum Building at Erina offering a specialist family law service.

A Senior Solicitor with a major Gosford family law firm for the past five years Mrs Edwards said she wants to offer a service where, “ we are proactive, keeping in touch with our clients throughout the process

Well-known local IT specialist, Michael Humphries has joined Sydney based IT company Hitech Support as a Solutions Consultant focusing on the Central Coast.

Mr Humphries is a Central Coast resident who has grown up in the area and worked in the IT industry for over 30 years half of which has been on the Coast.

He brings a wealth of knowledge across a wide range of technologies having worked for large IT companies including Compaq and Avnet.

Mr Humphries operated his own business, Trump IT on the Central Coast for seven years and says this gave him the local knowledge clients are looking for.

His primary focus is to use his passion for IT to help improve business efficiencies and build more resilient and reliable systems in a cost effective way.

Hitech Support is looking to open an office in Gosford and will be employing local staff to help support local businesses.

Hitech Support is an Australian owned and operated company that focuses on delivering reliable and cost effective solutions. Hitech Support is an ISO9001 Quality Assured company offering a range of service including Consulting Services, Infrastructure Solutions, Government Solutions and Managed Services (XaaS). For more information contact michael@hitechsupport.com.au, call 02 8883 4355 or go to www.hitechsupport.com.au.

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CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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BUSINESS NEWS

Wyong High School students get a taste of foodie careers

Visit the Central Coast - Have a Little Adventure!

Wyong High School P-TECH students Nicholas Simpson, Garrett Smith, Ashleigh Shephard, Corey Drewitt-Lane, Katelina Va’afusuaga WYONG HIGH SCHOOL’S primary industry resources along with a STEM-focused academic program that connects industry with education is providing career opportunities for local students.

Pathways in Technology (P-TECH) is a world-leading educational model that offers high school students an industry-supported pathway to a science, technology, engineering and mathematics (STEM) related qualification.

The Australian Government has invested in a P-TECH pilot and has engaged Skilling Australia Foundation (SAF) to help local stakeholders work together to develop and implement the program. Focused on Food Science, and Information Technology pathways, Wyong High is one of the 14 pilot schools.

P-TECH is all about collaboration between education, industry and community. Mars Food Australia, Sanitarium Health & Wellbeing and IBM Australia are the local industry partners. They provide students

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

with group mentoring, collaborative project based workshops, industry tours, work experience and career opportunities.

Heidi Bennett, People and Culture Partner at Sanitarium says P-TECH is a “great way to connect with the next generation of our workforce, hopefully futureproofing our business with people that have aspirations for careers in our industry on the Central Coast”.

Supporting pathways to post-school qualifications, tertiary education partner, The University of Newcastle offer students hands-on learning opportunities and opportunities to participate in Food Showcase Expo and the Illuminate Challenge that give them a taste for study at university and the diverse careers available.

The P-TECH program sees Year 9 students immersed in STEM-based activities. From Year 10, students can choose to enrol in a P-TECH pathway.

CONTINUED ON PAGE 25

Central Coast Council has partnered with 38 tourism related businesses to co-fund a new visitor campaign for the Central Coast – Have a Little Adventure.

Council Connected Communities Director, Julie Vaughan said that Have a Little Adventure will be the largest, most extensively researched campaign that has been launched for the Central Coast in over twenty years.

“The intent of the campaign Have a Little Adventure is to show how visiting the Central Coast is something you can do many times a year – it’s so easy to have so many great experiences here on the Coast, and to have your own kind of little adventure,” said Ms Vaughan.

“This campaign will feature on TV, online videos, online banner ads and social media targeted to potential visitors living beyond the Central Coast. According to our research, Have a Little Adventure will particularly appeal to Sydney travel intenders, who are a lucrative and year round visitor market that could deliver many more visitors for the Coast. The campaign will reflect the accessible nature of the Central Coast and the diverse array of short stay and memorable trips on offer.”

“Additionally, all activity will push people to the new visitcentralcoast.com. au website, which is designed to surface all of the amazing experiences on the Central Coast, from food and drink, to places to stay and exciting things to do.

Mayor Jane Smith said that increasing the awareness about the huge variety and quality of tourism related businesses that are available for visitors to enjoy on the Central Coast was important.

“Research has identified that a major inhibitor to the growth of tourism for the Central Coast is a perception gap between what Sydneysiders think is available, and the variety of share-worthy experiences that actually do exist on the Coast,” said Mayor Smith.

“We need to change that perception to ensure that tourism can contribute to jobs growth and encourage innovation in the local tourism sector to deliver new experiences.”

The research, brand platform, campaign and website have been developed by AFFINITY, ranked as AsiaPacific’s most effective digital agency – on behalf of Tourism Central Coast, the official tourism marketing and industry services agency for the Central Coast.

The Have a Little Adventure campaign launched on Friday 3 August.

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18

BUSINESS NEWS

Point Frederick development wins UDIA award

App developer recognised in 2018 Anhill Smart 100 Index

Spotto – Manager, App and Smart Tag Alan and Matthew Williams at The FinLab Showcase event in Singapore

Capri Apartments, Point Frederick Central Coast property developer Central Element has won the Excellence in NSW Regions Development Award at the 2018 UDIA NSW Awards for Excellence for Capri Apartments in Lynne Avenue, Point Frederick completed in early in 2018.

Designed by East Gosford architects White + Dickson and built by Sydney builder Richard Crookes Construction Capri comprises 20 luxury apartments of 1, 2 and 3 bedrooms, with all apartments above level one offering views over Brisbane Water.

Central Element Director Nathan Chivas commented, “At Central Element, we’re committed to quality – and proud of our ability to create developments that enhance communities. We believe our work speaks for itself, however it is great to receive industry recognition through an award like this which recognises innovation, sustainability, industry leadership and excellence in urban development.”

Architect Andrew Dickson said, “By separating the building into three wings with no common walls, we were able to provide the apartments far greater privacy and amenity.

The wings allow natural light deep within the floor plate whilst capturing and directing breezes from all directions.

The sweeping panorama of the Broadwater inspired the open facade to the view by adopting broad balconies and angled louvre screens.”

“The building facade has been arranged geometric panel and deep balcony composition, providing a contributory built form to an emerging higher density precinct.

The materials were carefully selected to age gracefully, minimising the need for costly future maintenance and upkeep,” he said.

Capri comprises 20 generously appointed 1, 2 and 3 bedroom boutique apartments.

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

Before bursting into life at a planning session in the home office of Central Coast local Alan Williams’ home in November 2017, Spotto had been an idea and a "party trick" mobile app prototype formed between him and his son, Matthew. Less than a year on and Spotto has been recognised in the 2018 Anthill Australian Smart 100 Index, the largest awards program dedicated to innovation in Australia, and is now seen as a game changing start-up in the "Connected Things" space.

The idea behind Connected Things is that you can manage your "things" better by knowing much more about what's happening with them. Where your things have been (and where they were last seen). Who serviced them and when. Who took what.

Where's the nearest… etc. Spotto’s mission is to make it as simple as possible for any organisation or individual to be able to do this.

Using innovative electronic Smart Tags (built in collaboration with world-class tag integrator 4ID Solutions, based out of Warnervale), Spotto enables you to give any "thing" a unique digital identity and an easily accessible digital record that builds over time, allowing you to see everything that's hap-

pening with your things and to manage your resources more efficiently. Spotto also seamlessly links into forms and business processes created with OneBlink (formerly BlinkMobile) another Central Coast based software vendor doing business internationally.

Over the past 10 months, Matthew has been leading Spotto’s young team of designers and developers (most of them brought up on the Central Coast) and has created a solution that is being piloted by 15 initial corporate and government customers including local institutions the University of Newcastle, Central Coast Grammar School and ET Australia.

Spotto has also gained recognition on the international stage, with Matt and Alan travelling to Singapore mid-August to be honoured in a Start-up Showcase run

by The Finlab, a high profile Singaporebased business accelerator. Recognised in Finlab's Cycle 3 Showcase as an innovative technology enabler, Spotto now has two fast-growing Singapore-based customers.

Spotto beat over 450 international start-up entrants to be recognised in this event.

The growing team are excited for what the future holds and are really keen to work with innovative Central Coast organisations who would like to know more about how Connected Things could improve their business.

Crowne Plaza continues support for Academy The Central Coast Academy of Sport (CCAS) reports that Crowne Plaza Terrigal Pacific will continue their important support to the Academy.

Ian Robilliard, Managing Director of the CCAS said, “Crowne Plaza Terrigal Pacific has been a proud sponsor of CCAS since the organisation’s foundation in 2004 and was the official naming sponsor of the CCAS surfing program. Central Coast Academy of Sport is delighted to be a vehicle for Crowne Plaza Terrigal Pacific to further demonstrate their community value within the region. It’s exciting news to again be aligned to this world known brand.”

Crowne Plaza Terrigal Pacific have aligned their support to the revamped Future Stars program, an individual program developed in partnership with the

Donnica Clarke Foundation.

Ryan South, General Manager of Crowne Plaza Terrigal Pacific said of the partnership “It is our pleasure to continue our partnership with the Central Coast Academy of Sport. Supporting the development of the Central Coast's future sporting stars is something we are really proud of.”

The Central Coast Academy of Sport would like to thank and acknowledge the support from the following Platinum Business Partners: NSW Government, Mingara Recreation Club, Central Coast Council, The University of Newcastle, Greater Bank, ClubsNSW, Southern Cross Austereo (101.3 Sea FM and 107.7 2GO), NBN Television, Oddball Marketing, and Underwriting Agencies Australia (UAA)

PROPERT Y NEWS

$9 million for industrial investment property

Planning controls to progress Gosford’s revitalisation released CONTINUED FROM PAGE 12

PROPERTY INVESTORS AND developers, Livingstone Group, have paid $9 million plus GST for one of the largest industrial properties on the Central Coast at 2 Hereford Street, Berkeley Vale with vacant possession.

The property, formerly owned by US corporation CommScope is on a 2.1498 hectares level site and includes corporate office, warehouse and manufacturing buildings and extensive car parking facilities for 198 cars. The property is serviced by a 2,000amp power supply, ESFR sprinkler system and has racking for approximately 1,400 pallets.

Built about 1985 and extended over a number of years to a very high standard

since, the complex comprises: • 2 level office building of 3,111 sqm, • 5 manufacturing and assembly buildings with a total area of 3,141 sqm • 1,061 sqm warehouse • 1,433 sqm warehouse • Extensive hardstand areas Zoning is IN1 General Industrial The property was offered for sale and lease

by Expressions of Interest through Ty Blanch from L J Hooker Commercial Central Coast.

Mr Blanch said that while there had been a fair amount of enquiry for the property there were only a few genuine buyers with the capacity to buy it.

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Planning controls to progress Gosford’s revitalisation released “The DCP prescribes how the balance will be struck between quality development and environmental outcomes of a city finally fulfilling its destiny as a regional capital and a great place to live, work, visit and do business.

“The development controls are streamlined, flexible and efficient to optimise the right kind of development and investment in the core of the city centre.”

The draft DCP covers the entire city centre, with the new controls focusing on its core to align with the Government Architect’s place-based recommendations that the community fed back on earlier in the year. This connected area comprises: • City North - the expanded Gosford Hospital site west of the railway line and links to the city across the train station to Mann Street, • The Civic Heart - Kibble Park and surrounds, • City South - The waterfront parklands, including Gosford City Park, Leagues Club Field and Central Coast Stadium.

The draft DCP also includes controls for residential and business areas to the north, west and south of the City Centre and includes measures to cater for specific types of development in these areas.

The controls for these areas and matters such as advertising notification and heritage, largely replicate what is in the existing development control plan.

The Central Coast community had its say on the draft SEPP and Government Architect recommendations earlier this year and the Department of Planning and Environment has considered this feedback closely in the creation of the draft DCP. “People now have another opportunity to view the detailed planning controls that will shape their regional capital, and tell us what they think,” Ms Shearer said.

The draft DCP will be on public exhibition until 5pm, Thursday 13 September.

All comments and feedback will be considered in the drafting of a final DCP that will be released in a package of Gosford City Centre development controls that will also include the finalised SEPP and Special Infrastructure Contribution, in October.

The Government Architect’s final recommendations for the Gosford City Centre Urban Design Implementation Framework will also be released in coming weeks.

Revitalisation of Gosford City Centre as the regional capital of a healthy, prosperous and connected Central Coast, is a key Ministerial priority of the Central Coast Regional Plan 2036.

The draft DCP and details on how to make a submission on it are available at www.planning.nsw.gov.au/gogosford CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FOR LEASE

FOR SALE

PROPERTY OF THE MONTH

GOSFORD - PROFESSIONAL OFFICE SPACE

CHARMHAVEN

In the Heart of Gosford CBD adjoining Australia Post & opposite the Imperial Centre, this building has recently been painted. Nett lettable area of 101m2 approx. Lots of windows allowing for natural light & reverse cycle a/c.

FOR LEASE $18,500 PA Gross + GST

BRIGHT OFFICE IN GOSFORD

Nicely fitted out with professional reception area, Total floor area 90m2 approx. Large open plan office & reverse cycle air con, separate storage area & security building with 24/7 hour access & lift. FOR SALE $300,000 + GST

GOSFORD - EXPRESSIONS OF INTEREST

TUGGERAH – PREMIUM QUALITY OFFICE SUITES!

Within Tuggerah Business Park with B7 zoning, minutes from the M1. Tenancies between 200m2 to 3,600m2.

Excellent presence, natural light, high ceilings, large carpark, some fitout available.

FOR LEASE – Contact Agent

Located on the Pacific Hwy & within close proximity to Gosford Train Station & the newly refurbished Gosford Hospital, this freehold building has 5 retail shops & 2 residential apartments above. Land area is 1,303m2 & ample parking on site for 9 cars. Also additional vacant land at the rear with potential to further develop STCA. EXPRESSIONS OF INTEREST

LONG JETTY - RETAIL/OFFICE SPACE

TUGGERAH - SUPERIOR INVESTMENT!!

1st time available in 15 years! Approx 220m2 with car parking at rear. Suits a multitude of business or great office space with Main Road exposure.

FOR LEASE $60,000 PA Nett + GST

INVESTMENT WITH GREAT TENANT!!

Brilliant unit with quality tenant (Go Electrical) currently paying $62,184 Net PA + GST. Lease is 5 years until the end of August 2021 .420m2 industrial showroom/warehouse. Includes 60m2 mezzanine, M/F amenities, container size roller door, high clearance & alarm. FOR SALE $849,000 No GST Applicable

CHARMHAVEN - FACTORY

178m2 high clearance factory with separate office & 150m2 external rear compound. Secure concrete hardstand & ample customer parking.

FOR LEASE $700 PW Gross + GST

SOMERSBY - BRAND NEW WAREHOUSE

Approx. 108m2 ground floor with 20m2 storage Mezzanine. Flexible zoning with multiple uses warehousing /distribution & light industries. 3 phase power, high & wide roller doors, onsite parking, kitchenette & bathroom with shower.

FOR LEASE - $360 PW + GST + Outgoings

ERINA - MODERN WAREHOUSE

Modern Warehouse Approx 109m2 , Shower & Toilet, High Roller Door , Handy Location in Secure complex asking $500.00 per week + GST

GOSFORD – OFFICE SPACE

Prime Quality CBD Office Space approx. 173m2 with secure on-site Parking an inspection will impress asking $47,000.00 per annum + GST

ERINA - OPPORTUNITY KNOCKS

High Profile location approx. 377m2 Fantastic Opportunity to Showcase your Business enquire today.

FOR LEASE Contact Agent

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

This amazing investment opportunity represents all of the blue - chip benefits you could ever want within a freehold, Torrens Title property. Fixed increases to rental for 8 year return, (anchor tenant ‘Anytime Fitness’). Excellent tenancy mix, long - term leases.

FOR SALE – EOI Closing 8/10/2018

WYONG - QUANTUM SPACE WYONG

8% rental guarantee for investors for 12 months.

Custom spaces from 30m2 to 93m2. FOR SALE Priced from $92,239 + GST

SOMERSBY - LOOKING FOR LAND?

Reasonably level & cleared block of vacant land approx.2000m2. Good access for trucks to enter, B5 zoning & services available at the kerb such as power, water & sewer. Close to the M1 Mwy & within approx. 1 hour drive from Sydney or Newcastle. FOR SALE $600,000 + GST

BUSHELLS RIDGE - LARGE INDUSTRIAL SITE

Industrial land ( approx. 5.25 hectares) located in Tooheys Rd with North & South access onto the M1 Motorway Link Rd. Would suit a single user with flexible Industrial zoning but may have the potential to subdivide further STCA. FOR SALE $5,250,000 + GST

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

Phone 4353 7700

• Outdoor & Building Signs • A-Frames, Banners & Flags

A New Presence on the Gosford Stage

• Vehicle Graphics & Magnets • Indoor & Exhibition Signs

Bann ers

• Full Colour Digital Printing • Lasercut Letters

FOR SALE from $147,000 + GST For information on this fantastic development visit bonythoncommercial.com

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• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers

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FREE QUOTE

Unit 16/10 Pioneer Ave, Tuggerah Business Park

PROPERT Y

Investors buy into Tuggerah Straight Commercial Centre

Level 1 / 153 Mann Street, Gosford FOR SALE 7.7% YIELD! Superb investment offering right next to John Singleton’s new ‘Bonython Tower’ in the heart of Gosford CBD. Fully occupied with current net income of $184,980 PA + GST from multiple, quality tenants. With Gosford set to reclaim its crown as the Capital City of the Central Coast, this is a great chance to secure a key position in the CBD! Fantastic commencing yield of 7.7%! Call now for an Information Memorandum.

Building B / 27 Sunny Bank Road Lisarow.

Large freestanding heavy duty industrial premises/ warehouse, 1056sqm approximately, clear span with high internal clearance, two large hanger doors, heavy duty three phase power, full drive around facility providing great truck access and allocated parking $95,000.00 + Outgoings + GST.

AUCTION 2 Deodar Road, Somersby On-site AUCTION 11am 27th September 2018 Torrens Title industrial land approximately 8487sqm in size. Zoned IN1 General Industrial, Close to M1 motorway giving convenient access to both Sydney and Newcastle, this is a hard to find opportunity.

Contact: Mark Davies 0422 442 858 Daniel Mason 0403 889 530 Chris Watson 0402 430 213 Prices shown with * are inclusive of GST.

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

Henry Kendall Group who developed and own the Tuggerah Straight Commercial Centre have sold off two of the strata properties in the development with returns around 6.5% per annum.

The sales through agent Stephen Moore from RCI Group were: 1/152-156 Pacific Highway, Tuggerah, a 675sqm space leased to Supercheap Auto on a lease with 2 years remaining plus a 5 year option at a rental of $153,911 per annum plus Outgoings and GST.

Sold to a Central Coast investor for $2,350,000 (GST not applicable) with a 6.5% per annum return.

3c/152-156 Pacific Highway, Tuggerah, a 387 sqm space leased to Healthscope Medical Centre on a lease with 3.5 years remaining plus a 5 year option at a rental of $107,000 per annum plus Outgoings and GST. Sold to a Sydney investor for $1,675,000 (GST not applicable) with a 6.4% per annum return.

West Gosford industrial investment sold A Sydney SMSF investor has paid $750,000 (GST not applicable) for an industrial property at 7 Yandina Road, West Gosford.

The property on a 1,295 sqm lot comprises a besser block and metal clad 638 sqm building with two industrial units with mezzanines and amenities.

Both are leased on short term leases.

The property was last traded in 1992 for $375,000 (Source: RPData).

Chris Watson and Mark Davies from Chapman and Frazer Real Estate negotiated the sale.

SPECIALIST MEDICAL & PROFESSIONAL SUITES

TUGGERAH 154 Pacific Highway

Ideally located on the Pacific Highway within the established Tuggerah Straight Commercial Centre, these Specialist Medical & Professional Suites are perfectly situated.

Neighbours include Healthscope Medical Centre, PRP Radiology, Pathology, Sports & Spinal Physiotherapy, Chiropractor, Dentist, Psycologists & more.

With a variety of suites available and plenty of parking, opportunities include both ground floor and level 1 suites.

Tuggerah Medical & Professional Rooms range from 13m2 to 24m2 and start from as little as $1,250 per month +GST. Level 1 accessed via lift or stairs hosts suites from 59m2 with the East Wing Professional Suites ranging from 73m2 to 103m2 there is a size to suit a variety of Professionals including Medical, Financial, Legal etc...

Other tenants include BCF, Super Cheap Auto and Romi’s Café and make this an ideal location with plenty of parking.

Features include • Flexible lease terms • Very Competitive rentals • Excellent parking • Air-conditioning • Carpets, kitchenette • Balcony access for most suites

For further details please contact Julie Davies on 4355 5111

Investor buys Erina office suite An investor has paid $260,000 plus GST for a 43 sqm office suite with balcony in the Platinum Building Erina.

The sale of Suite 2.23included office fitout with executive desk, 4 work stations and file storage area.

Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale.

Get results!

ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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PROPERT Y

Pathology company leases Somersby warehouse Locksmith leases Umina Beach shopfront

An international healthcare company headquartered in Sydney has leased a warehouse at 4 Sailfind Place Somersby for its pathology operations.

The brand new concrete and colorbond construction warehouse which was completed in early 2018 comprises a 903 sqm high clearance building with a 66 sqm

office and amenities building at the front and extensive hardstand and car parking on a 2,033 sqm block.

Terms of lease are 5 years with 2 x 5 year options at a rental of $90,000 per annum plus outgoings and GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale.

LEASINGS

Lawyer leases Umina Beach shopfront

Featon Locksmiths, a family owned locksmith company that has been operating on the Central Coast for the past 22 years has leased Shop 3 at 330 West Street, Umina Beach.

The 46 sqm shop is part a six shop complex on the corner of West Street and Berith Street.

Terms of lease are 1 year with 2 year option at a rental of $18,920 per annum.

The lease was negotiated by Madeline Stephenson from Stephenson’s Real Estate.

West Gosford industrial unit leased

National telecom company leases space in Gosford

National telecoms supplier CIS Wireless has leased a 75 sqm suite at 16-18 Hills Street, Gosford.

Terms of lease are 3 years with 3 year option at a rental of $25,200 including Outgoings plus GST. The lease was negotiated by Dan Mason from Chapman & Frazer Real Estate.

Gosford café leased A café operator has leased an 85 sqm retail shop at 81 Mann Street, Gosford and will trade as Recess Kitchen.

Terms of lease are 1 year with 3 x 3 year options at a rental of $32,000 per annum plus Outgoings and GST. Dan Mason from Chapman & Frazer Real Estate negotiated the lease.

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

Law firm Darley Legal have relocated from Leichhardt and leased Shop 5 at 330 West Street, Umina Beach.

The 50 sqm lock-up shop is part a six shop complex on the corner of West Street and Berith Street.

Terms of lease are 1 year with 2 year option at a rental of $17,200 per annum plus Outgoings and GST. The lease was negotiated by Madeline Stephenson from Stephenson’s Real Estate.

Gifts and apparel shop leases at Toukley Marcross on Main, a gift and apparel retailer has leased a 65 sqm shop at 260 Main Street, Toukley.

The shop is part of a group of four shops with council car park at the rear.

Terms of lease are $12,000 per annum including Outgoings plus GST. The lease was negotiated by Madeline Stephenson from Stephenson’s Real Estate.

Unit 12 at 8 Gibbens Road, West Gosford which is part of a 16 unit complex built in the last twelve months has been leased to a local business.

Terms of lease are 2 years with no options at a rental of $23,660 per including Outgoings plus GST – a rate of $170 per sqm gross.

Bernie Nash from LJ Hooker Commercial Central Coast negotiated the lease.

Get results!

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

BUSINESS ISSUES

Energy crisis goes from worse to bad

By Innes Willox, Chief Executive Australian Industry Group ENERGY SHOULD BE boring. Like many technically complex goods and services that underpin our lives and work, we only pay attention when something has gone wrong. The prominence of energy in political debate is a very bad sign.

Ai Group rang the alarm on the gas and electricity price surge that buffeted Eastern Australian businesses and households over the past year. Building on our earlier research, our 2017 report, Energy shock: no gas, no power, no future? put into stark terms the scale of the challenge created by an export-led gas price rise and a much tighter electricity market dependent on gas generation.

Over time, warnings from industry were heeded: the Federal Government and the States, the energy market authorities, the gas and electricity industries, and industrial energy users themselves have taken action and produced results. The Australian Domestic Gas Security Mechanism led to agreement with the gas exporters to alleviate a looming gas shortage. Mothballed gas generators came back online, industry committed to provide demand response, big batteries materialised with extraordinary speed, and the 2017-18 summer passed without major supply problems. The latest official forecasts no longer show a gap in gas supply, though electricity would be tight in Victoria and NSW in the early 2020s if no new generation projects go ahead.

The improvement goes beyond supply security: prices for electricity and gas in 2018 are significantly down from 2017.

But as a recent Ai Group report outlines, the improvement is strictly relative. We’ve gone from worse to bad. Energy prices are set to remain well above their historic average, sapping the competitiveness of many industries and putting households under pressure. Can we go from bad to good?

The future of gas prices looks bleak for gas users: supply costs are high and exports have permanently transformed the market.

New supply is essential to avert a return to the scarcity pricing of 2017, drawing on conventional, unconventional, onshore, offshore and import options. Pro-competitive reform of every segment of the market is critical to get the best prices we can. But we may be stuck with export parity pricing.

If so, gas users will likely have to economise, fuel switch, or leave Eastern Australia in search of cheaper gas in Western Australia, the Northern Territory or overseas.

Improved energy efficiency could help a lot of electricity users too, and Ai Group’s members are finding new ways to save thanks to the spur of high prices and

improved tools for monitoring and analysing their energy use. However, while gas looks set to stay expensive, the future of electricity prices could be much brighter for users. The costs of key supply and storage technologies are rapidly falling. But there are three big barriers to overcome: · Gas hurts power prices. Gas generation is currently an important share of total electricity supply and essential to provide flexible capacity to meet swings in supply and demand. But if gas is going to stay expensive, its role in electricity must shrink or we will be condemned to endless high electricity prices. · We are lagging on flexible supply beyond gas. Reducing the volume of gas generation is easy – the current surge in RET-driven renewables development is already set to cut gas use sharply. Replacing gas as a source of everyday flexibility is harder, and this is what will make the biggest difference to prices. There are many other flexible options, from pumped hydro and batteries to demand response. Coal plants can be upgraded to make them more flexible, and greater technological and geographic diversity of renewables can make their collective output steadier.

Super-efficient gas generators may be able to cut costs even at high fuel prices. More reforms to planning and market design are needed to let all these options flourish. · Uncertainty cruels investment.

Suppliers will have to spend money for users to save money, but over a decade of political warfare on climate has left immense uncertainty for energy investment. The architecture of climate policy can make a big difference to the expected returns from any project, whether coal, gas, renewables or storage. Continued uncertainty will see lower, slower investment than we need.

If we want to bring down prices we are going to have to sharply reduce policy uncertainty. A government takeover is no solution. Even if governments were willing to foot the bill and take on the risks of underwriting individual power plants, this would just put electricity even more at the mercy of politics.

The National Energy Guarantee was the most viable option available, but Federal political turmoil has at least delayed it, and threatens to kill it altogether. We hope that agreement can be found on the NEG, whose greatest virtues are that it addresses both emissions reduction and reliability with flexibility to cut costs, and that its mechanisms (but not targets) would be cemented through the National Electricity Law, making it more durable than any previous proposal. But whether the NEG proceeds or we move on to another three-letter acronym, politics needs to convincingly address climate policy. There is no alternative to unblock the investment we need to fight back against the loss of Australia’s competitive advantage in energy.

State and Federal political leaders need to find the courage to compromise, and make energy boring again.

There is much to be done to get energy prices down, but it will be harder to secure the investment we need in power and industry unless investors know what the rules on energy and emissions are going to be over the long term. The responsibility for this has been handed in the new Federal Cabinet to Environment Minister, Melissa Price, and new Energy Minister, Angus Taylor. Climate and energy policy are joined at the hip, and we look forward to working with the capable new Ministers and their senior leadership to make progress for industry and all Australians.

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

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BUSINESS TIPS

Make a fortune from being average

By Troy Marchant, Director, Robson Partners Chartered Accountants

Many great businesses have big, strategic projects on the radar to unlock much-needed growth potential, but you can take the pressure off. There is an absolute fortune to be made from more average ideas and average commitments.

It’s a mindset thing, and it takes disci-

pline. The impact of breaking big ideas down into bite-sized portions each week is compounding, and it doesn’t take long for something average to start turning a profit.

Consider client engagement as an example. If you can’t quantify satisfaction or advance your communication and engagement, it is absolutely OK to not have a plan ready to go today. Just start the conversation: Define it: What do you need? This could be data, ideas, staff. What’s the problem?

Make the time: Schedule a small amount of time in your diary each week to get onto it. It only has to be an hour, but it’s not flexible – stay true to it.

Keep it small: If all you do is pick up the phone to ask a question, then you’re already ahead. Call an expert. If you want to

capture data, talk to the teams behind data collection tools like Surveymonkey and ask them how to get bang for your buck. One conversation leads to another and before you know it, you’re growing your ideas and your profit line. Knowledge is power.

Share the love: It’s not as easy to bump a project off the list if you’ve made a commitment to report in to someone, or if you have a teammate feeding into the project.

Two heads are always better than one.

Look at the view: At the end of a set period – it could be the calendar year or financial year - reflect on what you’ve done and how it has grown your position and profits.

There is nothing quite so motivating.

It all sounds really simple, but it is one of the biggest business blockers we all face and we can grow just by being average.

Finally, an employee is held accountable for their stupidity

By Warwick Ryan, Partner, Hicksons Lawyers

For those who have the privilege of reading Fair Work Commission (FWC) decisions, they can be forgiven for believing that in that domain, employees are free from the consequences of their poor (or worse) decision making. Indeed, in the realm of the FWC, employers seem to be held responsible for even the most egregious employee misconduct. So, in that context, a recent decision provides a breath of fresh air for employers. The Commission actually held an employee accountable for its poor choices, deciding that employers are not liable to pay employees merely because the employee has engaged in extra-curricular activities that have left them unable to work.

This matter concerned a BHP Biliton driver. In 2016, the employee’s driver’s licence was suspended for non-payment of fines.

Since his Employment Agreement required him to maintain a valid driver’s licence, his supervisor directed him not to work until the suspension ended.

The employee then applied for compensation for this period where he could not carry out his duties (lawfully), by virtue of his own stupidity.

CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2018

The FWC made a mess of the initial decision, but got it right on appeal!

The issue was whether the employee was entitled to payment during this period.

The FWC initially ordered the employer to pay the employee for the relevant period.

However, on appeal, the FWC Full Bench overturned this decision.

Decisions by employees in their private lives can have consequences for them at work The initial FWC decision allowed the employee to evade responsibility because the Deputy President misinterpreted an employer’s right to assign alternative work as an obligation to do so.

However, the Full Bench decided that this contractual clause merely widened the potential scope of an employee’s duties and did not impose a requirement on the employer to provide the employee alternative work.

So, since the employer did not have additional work, and the employee was unable to carry out his usual duties, he was not entitled to payment.

Personal responsibility for employees may be diminished – but it is not dead This decision has shone a light through the fog of employment law, making employees responsible for their actions.

The FWC compared this situation to where an employee is intoxicated at work, because although the employee will be excused from work, the employer will not have to pay it for time off.

This does not always mean that the employer is able to terminate the employee, especially where they are unwell (even if it was due to their own stupidity).

However, in our experience, where an employee ceases to be paid – they often resign.

Yet, it is great news for employers as they do not have to bear the consequences of employees making poor choices in their private lives.

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CON T INUED AR T ICLES

Industrial hemp biocomposite production for Coast CONTINUED FROM PAGE 9

Mr Dummett, added, “Biofiba is not about reinventing the wheel but simply replacing current raw material inputs with renewable environmentally, cost effective and sustainable alternatives.”

Biofiba is the only known company in the world that has been able to produce a cost effective biocomposite combining specialty resins and renewable natural fibre that will replace timber and plastics for a raft of products.

Biofiba® has been in development for the past eight years as part of the CSIRO’s National Flagship Program and offers the world’s only environmental, biosecurity compliant solution to the unsustainable use of current materials for the logistic, packaging and building industries.

“We’re looking forward to adding considerable value to investment, and the positive impacts our product will make to the environment in stopping deforestation and reducing plastic waste,” said Mr Dummett.

Biofiba Hemp® is a legal species of the common industrial hemp plant of the Cannabis sativa (L) variety with a THC concentration of less than 0.5%. Biofiba’s biocomposite products are produced from specifically formulated resins and hemp fibre from the inner core of the hemp plant which is a common waste by-product.

Industrial hemp cultivation now legal Changes to Australian legislation in late 2017 is a significant boost for local farmers as the law changes will now allow the legal cultivation of Industrial hemp which will now permit Biofiba Hemp® to be grown

and processed for Biofiba® biocomposite products and other commodities such as hemp seed, oil and organic mulch, utilising ALL elements of the hemp plant.

From seed to harvest hemp plants take just 4-5 months to grow and has been adapted to grow on every continent except Antarctica. Hemp plants have a high absorption of CO2 from the atmosphere, thus growing quickly and require fewer herbicides, pesticides, fertilisers and water providing a more environmentally friendly, low maintenance renewable and valueadded crop.

The flag ship product and the back bone of the emerging hemp industry in Australia, USA China and the EU are Biofiba® extruded planks used to make shipping pallets, crates and dunnage providing a cost effective, hygienic, durable, and biodegradable alternative to timber and a replacement to plastics.

Biopallets® can be made to any specification and size and simply replace timber in existing pallet manufacturing machinery allowing timber pallet companies the ability to counter the continued decline of timber without additional capital equipment and expense.

The operations at Somersby aim to contribute 10-12 jobs to the Central Coast within various areas of the business.

Biofiba products are currently being manufactured by Biofiba Environmental (Zhoushan) Co. Ltd registered in China as a foreign owned enterprise wholly owned by Biofiba Limited and licensed as an import export manufacturing facility located Zhoushan Economical Area, Zhoushan, Zhejiang, PRC

Wyong High School students get a taste of foodie careers CONTINUED FROM PAGE 16

At Wyong High School, the P-TECH streams identified are a Food Science and Technology elective and Certificate III in Information, Digital Media and Technology.

These courses create pathways to meaningful careers in areas of projected need for the local region’s future workforce.

SAF Industry Liaison Officer Jillian Williams said, “The P-TECH program opens students’ eyes and allows them to explore career pathways they never knew existed within the Partnership and beyond.”

Last year, 146 students took part in immersion activities and of those students 52 are now enrolled in a P-TECH pathway for 2018. This year, over 148 Year 9 students have undertaken immersion activities including coding and programming, sensory testing, and factory tours.

P-TECH Mentor from Mars Food Australia, Emma Satchell, turned her passion for food technology into her career, currently working as a Product Development Technologist.

“The P-TECH program gives me an opportunity to encourage students to follow their passion for food science and keep interest in the food industry alive,” Emma says.

Well set up to grow produce for the Food Science P-TECH pathway, the school has its own extensive agriculture farm on site, which includes heated seedling beds, shaded gardens and a full irrigation system.

Aquaculture is also prominent at the school, with plans to bring in more fingerlings such as rainbow trout and barramundi.

80,600 people on the Coast tune in weekly*

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FUNNY BUSINESS

I called an old friend who graduated from MIT and asked what he was doing.

He replied that he was working on “Aquathermal treatment of ceramics, aluminium and steel in a constrained environment.”

I was impressed...

Upon further inquiry, I learned that he was washing dishes with hot water under his wife’s supervision.

Contributed by Bob White I golfed with a hilarious 78 year old man, and he was dishing out life tips the whole time. The funniest guy I’ve ever met.

He tells me after the round “don’t talk to me in the parking lot, my wife is picking me up and she thinks I went deaf 5 years ago What a legend!

The owner of a small deli was being questioned by an ATO Inspector about his tax return. He had reported a net profit of $80,000 for the year.

“Why don’t you people leave me alone?” the deli owner said. “I work like a dog, everyone in my family helps out, the place is only closed three days a year...and you want to know how I made $80,000?”

“It’s not your income that bothers us,” the agent said. “It’s these deductions. You listed six trips to Bermuda for you and your wife.”

“Oh, that,” the owner said smiling. “Didn’t I mention? We deliver anywhere...”

A very successful lawyer parked his brand-new Porsche in front of his office, ready to show it off to his colleagues.

As he got out, a truck passed too close and completely tore the door off of the

driver’s side. He immediately grabbed his mobile phone, dialed 000, and within minutes a policeman pulled up.

Before the officer had a chance to ask any questions, the lawyer started screaming hysterically. His Porsche, which he had just picked up the day before, was now completely ruined and would never be the same, no matter what the body shop did to it.

When the lawyer finally calmed down from his ranting and raving, the officer shook his head in disgust and disbelief.

“I can’t believe how materialistic you lawyers are,” he said. “You are so focused on your possessions that you don’t notice anything else.”

“How can you say such a thing?” asked the lawyer.

The cop replied, “Don’t you know that your left arm is missing from the elbow down? It must have been torn off when the truck hit you.”

“Ahhh!” screamed the lawyer. “Where’s my Rolex!”

A concerned husband goes to see the family doctor and says, “I think my wife is deaf because she never hears me the first time I say something, in fact, I often have to repeat things over and over again.”

“Well,” the doctor replies, “go home tonight and stand about 15 feet from her and say something. If she doesn’t reply, move about five feet closer and say it again.

Keep doing this so we can get an idea about the severity of her deafness.”

Sure enough, he goes home and does exactly as instructed. He starts off about 15 feet from his wife in the kitchen and as

she is chopping some vegetables, he says, “Honey, what’s for dinner?”

He gets no response. He moves about five feet closer and asks again. No reply. He moves five feet closer. Still no reply. He gets fed up and moves right behind her, about an inch away, and asks again, “Honey, what’s for dinner?”

She replies, “For the fourth time, vegetable stew!”

An Irishman finds a Genie lamp and rubs it. Out comes the Genie and says, “Master you have released me from this lamp and I grant you three wishes, what would you like” The Irishman scratches his head, then answers “A bottle of Guinness that never gets empty.

“Granted master” says the Genie and produces the bottle. The man was delighted and got drunk on this one magic Guinness bottle for weeks then he remembered that he had two other wishes.

He rubs the lamp again and the Genie reappears. “Yes master, you have two more wishes, what would you like?”

“You know that magic, never ending Guinness bottle” he asks the Genie. “Well, for my final two wishes, I’d like another two of them”.

Quote of the month Obstacles are those frightful things you see when you take your eyes off your goal.

Henry Ford

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