april/may 2019
AusBiz.
The real Aussie business mag
DENVER Something’s in the Water It’s time to get into the World Surf League
Get With it Out There
Events around Australia that you shouldn’t miss
Mining Our Great Bight Environmental disaster, or a safeguard?
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Welcome. WELCOME ABOARD This year our focus will continue to be the diversification of Alliance’s services, with a variety of unique opportunities planned over the next 12 months. The first quarter of 2019 has taken off with a contract extension and expansion of wet lease services, the introduction of a new route for JTB Corporation and, for the second year running, our participation in Tasting Australia Airlines in partnership with Tasting Australia. In February Alliance announced an extension and expansion of wet lease services in partnership with Virgin Australia. The agreement, in place until 2021, will see Alliance operating international services to Port Moresby for the first time on behalf of Virgin Australia Group. Our partnership with JTB Corporation continues to grow with charters now operating from Brisbane, Cairns, Darwin and Uluru, with a new charter route proposed in late April for flights to commence between Uluru and Hamilton Island. For the second year running Alliance has partnered with Tasting Australia to exhibit South Australia’s unique food destinations with Tasting Australia Airlines this April. The three-week event will be a showcase of South Australia’s finest produce and world-class chefs, providing a chance to experience the region in a unique and captivating way. We’re excited about how this year is progressing – which wouldn’t be possible without our great team. If you have any feedback about our flights or would like to make a charter enquiry, feel free to email us at media@allianceairlines.com.au Lee Schofield Chief Executive Officer
EDITORIAL
Publisher: Michelle Hespe
publisher@publishingbychelle.com Art Director: Jon Wolfgang Miller Lifestyle & Travel Sales Manager: Sonja Halstead sonja.halstead@publishingbychelle.com AusBiz. Sales Manager: Effe Sandas advertising@publishingbychelle.com Sub-editors: Claire Hey, Shane Cubis Editorial Assistants: Sarah Hinder, Libby Masi editorial@publishingbychelle.com
CONTRIBUTORS
Ben Smithurst Libby Masi Shane Cubis Darren Baguley Ian Lloyd Neubauer Lisa Smyth Kirsten Craze Ryan Watson
PRINTING
SOS Print + Media 65 Burrows Road, Alexandria, NSW, 2015
april/may 2019
AusBiz.
The real Aussie business mag
DENVER Something’s in the Water It’s time to get into the World Surf League
Get With it Out There
Events around Australia that you shouldn’t miss
Mining Our Great Bight Environmental disaster, or a safeguard?
Cover photo: Visit Denver
Alliance is published by Publishing ByChelle (ABN: 78 621 375 853 ACN: 621 375 853) Suite 8, Level 8, 100 Walker Street North Sydney, NSW 2060 (02) 9954 0349 publishingbychelle.com The reproduction of any content, in whole or part without prior written permission by the publisher, Michelle Hespe, is strictly prohibited. Opinions expressed in the content are those of the contributors, and not necessarily those of the publisher. All information in this magazine was believed to be correct at the time of publication, and all reasonable efforts have been made to contact copyright holders. Publishing ByChelle cannot accept unsolicited manuscripts or photographs. If such items are sent to the magazine, they will not be returned. We apologise if we don’t get back to your email, as we do receive a large volume of communication via various online channels. Some images used in Alliance are from istock and Getty images, and we make every effort to credit all contributors.
APRIL/MAY 2019
3
KARIJINI
eco RETREAT
World class Karijini National Park is a must-see for any visitor to the Pilbara and located in the depths of the park is the magnificent Karijini Eco Retreat. Designed with the environment in mind • Deluxe and dorm style eco tents and cabins • Outback restaurant & bar • 15 min. walk trail to Joffre Gorge • Campground with BBQ facilities, showers/WC • Easy access - only 3km unsealed
Bookings T: (08) 9425 5591 E: reservations@karijiniecoretreat.com.au W: www.karijiniecoretreat.com.au Off Weano Road, Karijini National Park, Western Australia Owned by the Gumala Aboriginal Corporation
ecoretreat karijini
26 luxury goods & gadgets
Our wrap-up of the latest and greatest luxe products.
In this issue. upfront
Features
11 Alliance News
22 Something in the Water: Surfing
Alliance wishes a huge ‘congratulations’ to Captain Cay Carpenter after 43 years in the sky; Alliance flies guests on a trip to KI on an ultra-luxury private jet; and Alliance invites guests to take part in Tasting Australia Airlines which showcases the produce of Adelaide and its surrounding regions.
16 Events Calendar What’s on in cultural and sporting events around the country throughout April and May.
20 Entertainment
The latest books, awesome music tours, and cool art exhibitions around our rural, regional and metro Aussie towns.
AusBiz. Check out AusBiz. at the back of the magazine.
The latest moments and top burning questions that will get you up to speed with what’s going on in the wide world of surfing.
METALS & MINERALS The high-tech metals and minerals that will power our future. MINING THE BIGHT An environmental disaster or a safeguard for Australian oil?
26 Destination: Denver
Ideal for a romantic getaway, Colorado’s Denver has a fantastic bar and arts scene, great local hikes and nearby natural phenomena to explore. It’s also surrounded by some of the USA’s top ski regions, so we get into the white stuff.
AUSTRALIAN WOOL The Merino wool industry is making a big comeback on the global stage.
22
CAREFLIGHT The aeromedical non-profit has a new CEO at the helm.
APRIL/MAY 2019
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PUBLISHER’S
I’m a great lover of art. I’ve collected so many pieces – sculpture, paintings, photographs and decorative décor pieces – that our home is starting to look like an art gallery. So recently, while in Denver, I decided to explore the city’s trendy River North Art District, dubbed RiNo. 10 years ago, no one wanted to live in this part of the city, but today the real estate has sky-rocketed and there’s a brewery, gallery, boutique or cute homewares store everywhere you look. I did a two-hour graffiti tour with Denverite James Carlson, and the sheer amount of work, and the size of the street art pieces in RiNo blew me away. It has to be one of the best ever-changing outdoor art exhibitions in the world. The fascinating thing is that every year, before the big CRUSH WALLS arts festival kicks off in September, the previous year’s street art disappears when the walls are all painted black. The incredible works of art, which take some artists entire week to create, are not permanent. It’s almost a shame, but then, the following year, the new works of art appear and it’s like one huge ongoing artistic commentary on a city, created by people of all backgrounds from around the world. As CRUSH states on their website’s home page, the festival
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ALLIANCE MAGAZINE
(and I guess you could call it a movement) “celebrates art, urban beautification, creativity, and culture by enriching our community through an arts festival like no other. We believe that public art leads to an improved community as a catalyst for safety, cleanliness, creativity, and conversation. Centred around empowering artists, CRUSH is committed to reflecting and diversifying the urban landscape and the unique voice of a community, bringing art out of the galleries and into the streets.” This type of movement is also happening in Australia, not just in the cities but in many regional and outback towns as well. From mural walls in Mackay to laneways of art in Perth and Melbourne, to silos and warehouses being painted in remote pockets around Australia, art is popping up everywhere, and I think it’s a great thing, as it’s another way of humans communicating, and getting their ideas out there. It’s also just so much fun taking a wander outdoors, getting some exercise and checking out so many great ideas. You can read our story on Denver’s RiNo on page 26. Enjoy your flight today.
MICHELLE HESPE
@ALLIANCE _ MAG /ALLIANCEAIRLINESMAG
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Route Map
Where we fly. Alliance Airlines is Australia’s leading air charter services operator. CHRISTMAS ISLAND GROOTE EYLANDT
DARWIN
CAIRNS
CENTURY MINE
PORT HEDLAND
MOUNT ISA THE GRANITES
K A R R AT H A
CANNINGTON
TELFER
CAPE PRESTON
TOWNSVILLE
C LO N C U R RY
P H O S P H AT E H I L L
B A R I M U N YA C O O N D E WA N N A ROCKHAMPTON
NEWMAN U LU R U
EMERALD
ALICE SPRINGS
GLADSTONE B U NKEY DABERG
CHRISTMAS ISLAND GROOTE EYLANDT
Private charter flights BALLERA
SUNSHINE COAST
MILES
Alliance Airlines commercial flights
MOOMBA
BRISBANE LEINSTER MOUNT KEITH
O LY M P I C D A M
LEONORA PORT HEDLAND
CAIRNS
CENTURY MINE
TOWNSVILLE
POR T MACQUARIE
EAST JAURDI
K A R R AT H A
CANNINGTON
NOTE: MAPS ARE NOT TO SCALE
CAPE PRESTON
PO NE SRLTOHW
SYDNEY ROCKHAMPTON GLADSTONE
ADELAIDE
KEY
MOOMBA
BUNDABERG
SUNSHINE COAST
MELBOURNE
BRISBANE
Private charter flights POR T MACQUARIE
Alliance Airlines commercial flights
AUCKLAND
PERTH
SYDNEY
ADELAIDE
key
WELLINGTON
Private charter flights Alliance Airlines & Virgin Australia commercial flights
APRIL/MAY 2019
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Alliance News. Stay in the know with what’s happening with our airline and in our industry.
Photo of the month
Our Fokker 100 VH-XWO in Cape Preston. Image courtesy of Marty Hanley.
Congratulations Captain Cay Carpenter! In early February Alliance Airlines Captain Cay Carpenter operated his last flight into Brisbane. After 43 years in the sky, Cay will be joining the Alliance Brisbane Head Office team as Sim Instructor Check and Trainer.
Luxury charter tours for international guests Alliance Airlines operated the first of three charters for AOT Group, on behalf of German tour company Hapag Lloyd and its ultra-luxury private jet tour brand Privatjet
Albert Ballin. The VIP Alliance jet flew into Kingscote on KI with 48 business-class passengers aboard to experience the incredible wildlife and sample local food and wine.
APRIL/MAY 2019
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Alliance News
Tasting Australia’s
Glasshouse Kitchen
Tasting Australia Airlines It all starts with a flight. When it comes to eating and drinking experiences, Tasting Australia has the country’s best on tap. Recognised by Fodor’s Travel as one of the world’s best culinary events worth travelling for, Tasting Australia challenging Adelaide and its surrounding regions as a paradise of bold and innovative talent by showcasing its delicious food, wine, coffee, beer and spirits. Over 10 days, this April 5–14, the celebration of eating and drinking will take part right across Adelaide and regions throughout South Australia, immersing guests in unique and authentic gastronomic adventures. International tastemakers will converge on the city to
explore the abundance of premium produce the state has to offer, and to partner with local heroes to create a fresh context for guests to try world-class food and drink. Tasting Australia invites guests to experience a menu of flavours and emotion this April, as people, place and produce come together in a monumental feast. Guests may experience oysters plucked fresh from the ocean, witness world-class chefs preparing inimitable meals starring Kangaroo Island’s seasonal best, try award-winning wagyu beef on one of the country’s oldest pastoral stations and tour an iconic seventh-generation Barossa estate for a true paddock-to-plate experience. tastingaustralia.com.au/program/airlines APRIL/MAY 2019
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Supporting Rural Australia With our growing number of rural assistance focused programs, we’ve got your back rural Australia!
niche programs, big hearts
ruralaid.org.au | 1300 327 624 DONATE OR GET INVOLVED TODAY Manufacturers and Suppliers of:
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Alliance News
2019 Program
Glasshouse Kitchen
Glasshouse Kitchen In the Glasshouse Kitchen the world’s best, Michelin-starred and the country’s hottest chefs converge to create one-off menus and inimitable dining experiences just for you. Each line-up has been hand-picked by Tasting Australia’s creative team, Simon Bryant and Jock Zonfrillo, and brings together game-changing talent featuring South Australia’s premium produce.
Town Square The heart and soul of Tasting Australia, Town Square in Victoria Square/ Tarntanyangga, is a free venue to explore, showcasing some of South Australia’s best talent from chefs and winemakers to producers and products. The food hub within, Small Plates, is curated by the festival’s creative team and is the go-to food mecca for lunch, dinner, drinks and snacks. Bars are run by East End Cellars, offering premium South Australian drinks.
East End Cellars masterclass
East End Cellars Masterclasses Presented by Beverage Managers East End Cellars and Beverage Director Nick Stock, Tasting Australia’s popular Masterclass series will surprise, delight and delve deep into the wonderful world of beverages. Experience 1,000 years of wine, blend your own gin or shiraz, meet the masters and apprentices of South Australia’s winemaking world and explore your favourite varietals in new forms.
Tasting Australia stars
Town Square
Coffin Bay Oysters
The 2019 program features World’s 50 Best Restaurants mainstays Alex Atala (D.O.M. Brazil), David Thompson (Aaharn, Hong Kong, ex-Nahm Bangkok) and Margot Janse (ex-Le Quartier Francais, South Africa), up-and-comer Manoella Buffara (Restaurante Manu, Brazil), Michelinstarred Shinobu Namae (L’Effervescence, Tokyo) and Antonia Klugmann (L’Argine a Venco, Italy), local legends Jock Zonfrillo (Restaurant Orana, Adelaide) and Peter Gilmore (Quay, Sydney), and wine industry titans such as Guy de Rivoire from Champagne Bollinger in France. APRIL/MAY 2019
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What’s on.
Our pick of the very best gigs, festivals, and cultural and sporting events from around the country. compiled By: Sarah hinder
April 5–14 Tasting Australia
Adelaide and regions SA Tasting Australia is an outstanding showcase of South Australia’s food and wine culture. The program is a paradise for gourmands, including activities such as a writing workshop by Le Cordon Bleu, not to mention a masterclass on sparkling wine and Champagne. tastingaustralia.com.au
April 5–14 Parrtjima
Alice Springs NT This eye-catching event celebrates Indigenous culture and underscores the beauty of Alice Springs through its colourful fields of light. Parrtjima observes the importance of Aboriginal storytelling by showcasing the oldest continuous culture on earth. parrtjimaaustralia. com.au
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ALLIANCE MAGAZINE
March 27–April 21
Melbourne International Comedy Festival
Melbourne Vic One of the top three comedic events on the world stage, MICF is filled with an outstanding program of stand-up comedy, theatre, cabaret, film, radio and visual arts. comedyfestival.com.au/2019
April 6
Bentley Polo in the Valley
Swan Valley WA Celebrating its tenth anniversary this year, this one-day polo tournament is a fashionable day of top-notch entertainment. polointhevalley.com.au
April 12–23
Sydney Royal Easter Show
Sydney NSW The best of the country is presented to the city at Sydney’s memorable annual show. eastershow.com.au
April 18–22
Byron Bay Bluesfest
Byron Bay NSW Presenting some of the world’s biggest names in blues and roots music, also performed within Bluesfest is the Boomerang Festival, April 19–21, featuring an array of Indigenous music, dance, comedy, film and visual arts. bluesfest.com.au boomerangfestival.com.au
Events Calender
Uluru Camel Cup
April 22–May 19
Perth Comedy Festival
May 10–19 A Taste of Kakadu
Kakadu National Park NT The World Heritage-listed Kakadu National Park is brimming with an abundance of fresh food, and Australia’s premier Indigenous food festival celebrates and shares this with visitors, from its pop-up dining events to foraging excursions with traditional landowners, fishing trips and ancestral stories by the campfire. parksaustralia.gov.au/kakadu/taste
April 22– May 19 Sydney Comedy Festival
Sydney NSW Featuring some of the best Australian and international comedic talent, the Sydney Comedy Festival will present at the city’s most iconic venues and with smaller gigs around Greater Sydney. sydneycomedyfest. com.au
Perth WA This comedy festival delivers a line-up of outstanding Australian and international talent to venues across the city. perthcomedyfestival.com
April 26–May 11
Groovin the Moo
Adelaide SA, Maitland NSW Canberra ACT, Bendigo Vic, Townsville Qld, Bunbury WA This much-loved Australian musical festival’s 2019 line-up will feature Crooked Colours, Billie Eilish, Hermitude, DMA’S, Hilltop Hoods and MØ. gtm.net.au
May 17–26
Argyle Diamonds Ord Valley Muster
East Kimberley WA This community celebration showcases the talent of the East Kimberley region with degustation dinners under the stars, regional tours and a Kimberley Moon Experience. ordvalleymuster.com.au
May 18
Bass in the Grass
Darwin NT Set to be bigger and better than ever before, this laidback gig features some of the biggest names in Aussie music. bassinthegrass.com.au
May 16–19
May 25
Gold Coast Qld One of Australia’s largest free music festivals delivers a huge line-up of international and home-grown Aussie talent. bluesonbroadbeach.com
Yulara NT This weekend do features camel races, fashions on the field, bootscooting, an outback barbecue and a true blue gala ball under the starry sky. ulurucamelracingclub.com
May 17–19
May 25–26
Ipswich Qld From rural displays to motocross and monster trucks, this country-themed family event has something to entertain all ages. ipswichshow.com.au
Darwin NT This annual weekend invites notable international chefs and gourmands to Darwin to proudly showcase the best of local Territory produce. territorytastefestival.com.au
Blues on Broadbeach Music Festival
Ipswich Show
Uluru Camel Cup
Territory Taste Festival
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Dream the days away at Frenchman’s River. Beauty, luxury, serenity. Come and stay. book@frenchmansriver.com.au | 0466 790 142 @frenchmansrivercygnet | www.frenchmansriver.com.au
WORDS: katrina holden At the Bong Bong Picnic Racecourse in Bowral, a musician plays to the crowd, who are either sitting in the sunshine eating pies, or queuing for more pies from some of the best bakers and pie makers in the Southern Highlands. There’s a fun, party-like atmosphere as people gravitate towards the stage in anticipation of the commencement of the festival’s ‘pielight’ – the pie eating competition, which has a session on both Saturday and Sunday. This Sunday crowd has a tough act to follow. We hear that Saturday’s record was set by the winner at one minute and 15 seconds by a bloke who was actually on his first date. His win was no doubt fuelled by the warnings of his lady friend that if he didn’t win, there’d be no second date. And so, the stage is set for this Sunday lot with ‘pie hopes’ of beating the formidable record. The contestants are introduced, including Bowral-born celebrity Nathan Hindmarsh, a Pie Time Ambassador and former professional rugby league footballer and captain of the Parramatta Eels. Hindmarsh is joined by a group of confident gents – including Craig, Dylan, Tom, Mitchell and others, along with a young boy not fussed by the gentle teasing of Hindmarsh for wearing a Waratahs beanie. The guys exhibit a mix of assuredness, nerves and curiosity, until they spot the pies they must devour. There’s no wimpy
individual-size pies here – instead, family sized pies are presented to each of the competitors, so fresh from the oven that from our seats, we can see the steam rising from the pastry. After dousing with Heinz tomato ketchup, the timer starts and away they go. There’s a mix of techniques and strategies, some guys raising their pies to their lips to bite from, others gradually resorting to pulling apart with their fingers to shovel into their mouths a gooey mix of meat and pastry. All the while, there are sideways glances to check out the competition. The Waratahs boy has a red hot go, even if he is giggling more than eating. For a while, it’s neck and neck, but the competitors are pipped at the post by Craig Ross from Sydney, who has won in three minutes and 18 seconds. It seems that Mr First-Date’s record remains untouched. The not-so-hungry competitors, most with tomato sauce on their chins and noses, good naturedly congratulate each other, while chuffed winner Craig Ross is presented with his prize – a Sunbeam Pie Maker! FURTHER INFO Pie Fest Southern Highlands takes place on the weekend of June 29–30, 2019 during the month-long Southern Highlands Pie Time celebration throughout all of June. For more information, go to southern-highlands. com.au/events/pietime APRIL/MAY 2019
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Entertainment.
compiled by: libby masi
ART Vivid Sydney
May 25–June 16 in Sydney NSW This 23-day festival of lights, music and ideas quite literally highlights Sydney’s most iconic and exciting destinations. Light sculptures illuminate the city and harbour while the Vivid Ideas program provides an opportunity for professional development across industries, celebrating creativity and community while provoking innovation. vividsydney.com
Australian Wearable Art Festival
May 24 in Eumundi Qld Gaultier meets Picasso as designers showcase their imaginative creations of wearable art in four competitive categories: Trashion, Sustainable, AvantGarde and Floriana. This couture exploring colour, texture, shapes and materials will be judged by fashion experts Cindy Vogels, Peter Dwyer and Jandamarra Cadd. australianwearableart.com.au
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ALLIANCE MAGAZINE
Benalla Street Art Wall to Wall Festival
April 5–7 in Benalla Vic Every year since 2015 a group of local and international art lovers have come together to transform the streetscapes of this regional Victorian town with colourful murals towering up to three stories high. Each lively artwork leaves a lasting impression and provides insight into the world of street art, its artists and the stories behind their pieces. benallastreetart.com.au
books
Kitty Flanagan’s 488 Rules for Life
April 2019, Allen & Unwin With a combination of wisdom and comic relief, this laugh-out-loud book is a guide to living a more enjoyable and meaningful life. Providing a vaccine against the idiots in your life, it won’t only benefit you, but people around you, too. Unless they’re idiots.
The Gulf Country, Richard J Martin
April 2019, Allen & Unwin This is a fascinating history of how Qld’s Gulf Country came to be what it is today, through pioneering exploration, its industries and Indigenous activism. Written from interviews with various people, the book tells the story of this diverse land’s resilience over time.
The Impossible Climb, Mark Synnott
The New Nomad, Felix Marquardt
Colin Hay
Hugh Cornwell
April 2019, Allen & Unwin This story of conquering a 3,000-foot vertical climb up El Capitan without any ropes or equipment follows Alex Honnold’s journey from the of hatching his plans all the way through his historic climb, transporting readers to a world where one wrong move means certain death.
Feb 2019, Simon & Schuster A new kind of nomad is surfacing, moving wherever they can to best improve their lives. Cities are now competing to attract these evolutionary wanderers while this new age of migration is encouraging change and allowing our future generations to flourish.
TOURS
Adam Thompson’s Bohemian Rhapsody Soundtrack Live
April 26 at Crown Melbourne Vic Chocolate Starfish’s Adam Thompson brings the blockbuster Bohemian Rhapsody soundtrack from screen to stage. Known for his engaging concerts, the musical powerhouse is sure to provide an electric show, sharing the stage with three members of the We Will Rock You band in tribute to Queen, Freddie Mercury and the recent Golden Globe-winning film. crownmelbourne.com.au
April 18–27 in Melbourne Vic, Brisbane Qld, Adelaide SA, Canberra ACT, Thirroul, Byron Bay & Sydney NSW Former Men at Work frontman Colin Hay continues his 30-year solo career with a tour supporting acclaimed artist Fierce Mercy. His influential music has inspired artists across all genres and is bound to continue to do so. colinhay.com
May 4–11 in Brisbane Qld, Adelaide SA, Sydney NSW, Canberra ACT, Melbourne Vic & Perth WA This British rock ’n’ roll legend is set to tour Australia this May in the wake of his latest solo album, Monster. The Monster tour will celebrate Hugh Cornwell’s legacy, including classic The Stranglers’ hits ‘Golden Brown’ and ‘Peaches’. hughcornwell.com APRIL/MAY 2019
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Sports
Something in the After a gripping 2018, the World Surf League is back. Here’s how to watch this year’s action. WORDS: ben smithurst | ILLUSTRATIONS: Strongpencil
I
t’s been a big few years in pro surfing. Facebook’s purchase of the broadcast rights annoyed lots of people (bad), but up to half a dozen excellent, different, competing wavepool technologies have emerged (good!). Lots of heritage surf brands are struggling (bad!), but surfing itself has been accepted into the Olympics (Good! Or bad, depending on your perspective). In the water, however, competition has rarely been closer. Women’s surfing has achieved prize-packet parity at the same time as taking a quantum leap in terms of both competition and performance. Both sexes are redefining what’s possible in big waves. There’s been a wild changing of the guard at the pointy end of men’s competition, where Brazil – formerly a competitive sleeping giant – has finally emerged as a legitimate superpower. Its jujitsu-adept, group-travelling surfers are no longer content to aggressively swarm the world’s reefs, beach breaks and points, but also the upper echelon of the World Surf League’s (WSL) rankings. Rejoice! All of which makes the 2019 season, beginning on the Gold Coast in April and winding up in Hawaii in December, a very interesting one indeed. Considering the possibly dire, oft-rumoured administrative troubles of the WSL itself, maybe even a make-or-break year. Here’s what to know to take it all in properly...
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ALLIANCE MAGAZINE
Sports
Men’s surfing has stacks of word title contenders, and they’re wildly multinational The eternally shining light of the greatest surfer of all time, Kelly Slater, has finally begun to dim… aged 47. (Although he’s still on the WSL World Tour – and a contender – especially having convinced the WSL to hold an event in his personal wave pool). In the eight years since the king’s last world title, however, things have diversified. The Men’s Tour has seen an influx
of new talent, with the retirement of shark-punching Australian Mick Fanning and the arrival of ‘the Brazilian Storm’, AKA half a dozen or more top-flight South Americans. Squarejawed Machiavellian Gabriel Medina has won two titles, bookending a pair of crowns by Hawaiian genius John John Florence… but they’re not alone. Medina’s hyper-progressive
countryman, Filipe Toledo, is near unbeatable in small waves, Australian Julian Wilson almost won in 2018, and South African superstar Jordy Smith has more tricks than Jo’burg has carjackings. Plus, on their day, the single event winners might hail from a variety of beaches across the US, or Australia, or Tahiti, France, Japan…
Can Stephanie Gilmore become the official female GOAT? Two Australians have won seven world surfing titles. One is increasingly iconic current world champion, Stephanie Gilmore, the perma-smiling personification of grace and style. The other is Layne Beachley OAM, who won six titles in a row, and who was forced to pour cold water on rumours of a rift with Gilmore over the latter’s success. (Shortly after Gilmore’s seventh win, Beachley – who’d admitted not wanting anyone
to overtake her mark – updated her Insta bio to read “8x World Champion surfer”. She added a masters title.) But if Beachley is secretly irritated, it would make some sense. Women’s surfing is today on another plane than in Beachley’s era, with Gilmore in particular reaping the rewards (her sponsorship ‘partners’ include Audi, Nikon and Weet-Bix). In Layne’s day, the women struggled for respect and dollars against a background of
paternalism (at best) and outright misogyny (at worst). Still just 31, Gilmore can put any rivalry forever to bed with a win in 2019 – albeit against a competitive field bristling with talent. Gilmore’s main rivals will come just as hard from all quarters – Hawaii, California, Australia and France. But having missed a world title after being bashed by a lunatic with a metal pole in a unit block stairwell in late 2010, you’d think Gilmore might deserve it.
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Sports
Illustrations: Strongpencil
The venues are often entertainingly dangerous Live surfing intrinsically unsuited to broadcast. Heats go for 30 minutes, meaning viewers spend most of their time watching two surfers bob aimlessly in a listless ocean as commentators struggle to fill the dead air. But look away at your peril, because last year one event (Margaret River, WA) was called off when two recreational surfers were attacked in separate incidents nearby, just three years after Mick Fanning’s infamous great white incident during a heat at Jeffrey’s Bay in South Africa. Meanwhile, the surf at Pipeline in Hawaii, and Teahupoo in Tahiti, kill professional and amateur surfers with grim regularity – but nobody wants to cancel those locations. Kelly Slater’s own wave pool, now co-owned by the WSL, is 160 kilometres inland in Lemoore, California is safe. But a competing pool in Texas was recently closed after the death of a surfer who contracted brain-eating bacteria from its water. Danger – replays don’t do it justice.
The WSL organisation itself is still working out the kinks In 2013 the governing body for world professional surfing was bought by an entertainingly named American billionaire, Dirk Ziff. Ziff’s wife had reported enjoyed some surf lessons on a recent family trip to Hawaii. Once run (at a huge loss) by melanoma-riddled former surfers, Ziff over time parachuted in a bunch of experienced (non-surfing) sporting executives. These including a CEO from the WTA and NBA, and a Chief Commercial Officer who left the organisation shortly after being photographed lugging a beginner’s board across a Balinese beach with the fins in backward. (She was being corrected by an incredulous bystander.) Results were mixed and contentious. But in January 2018, the WSL announced a $30 million deal with Facebook to broadcast the sport for two years. Impressive. Except that, among surfing’s core audience, almost every facet has been controversial, with gripes about (allegedly) inflated viewership, inflated potential fandom, scheduling screw-ups—reportedly almost costing the WSL its flagship Pipeline event in Hawaii. And cringeworthy attempts to expand surfing’s viewership to non-surfers to the distain of its traditional audience. But that traditional audience is patently not what Ziff and Co are chasing. Ziff’s people don’t care if they’re alienated. But until they get traction elsewhere, their presence creates a palpable tension around every event. Professional surfing is, to misquote Hunter S. Thompson, “a low-powered mutant of some kind—too weird to live, too cumbersome to die”. It lumbers on, seemingly unkillable, photogenic and haemorrhaging money. But what will happen next?
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Sports
… actually, the men’s world title race might not be that wide open Australian surfers, many of them already bitter towards Brazilians due to the aforementioned swarming, and (maybe) racism, were forced to hate-watch the final event of 2018. Sao Paulo pantomime villain Medina dominated Pipeline last December to collect his second world title, ahead of blonde Australian dreamboat Julian Wilson. It was impressive and deserved. Medina – who once shaved his armpits in a weird Gilette commercial – celebrated on New
Year’s with more than two dozen attractive lady friends, various members of Brazilian soccer royalty and jealousy-inducing Instagram posts. He is very good. “He is the most talented surfer I’ve ever seen stand on a surfboard,” says Australian former world champion Joel Parkinson. And yet… The asterisk beside Medina’s second title is the competitive absence of John John Florence, whose tilt at a third straight championship
was cruelled by injury. Florence, whose ’pits are gloriously untouched by razors of any kind, will return in 2019, thanks (like Kelly Slater) to an injury wild card. He’ll also be a favourite. Last September, even injured, SURFER Magazine called Florence “the best surfer in the world right now and the most important surfer of his generation.” Who’ll win? Probably one of those two. Find out in 2019! To view the event schedule, visit worldsurfleague.com/events
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DENVER Whether it’s restaurants, hotels, bars and breweries, or graffiti, galleries and art installations, Denver knows how to give its many offerings an undeniable edge.
I M A G E : E VA N S E M O N
WORDS: Michelle Hespe
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Alliance International Feature Denver International Airport
IMAGE: VISIT DENVER
DENVER IS NAMED AFTER JAMES W. DENVER, A GOVERNOR OF THE KANSAS TERRITORY, AND IT IS NICKNAMED THE MILE HIGH CITY BECAUSE ITS OFFICIAL ELEVATION IS EXACTLY ONE MILE (5280 FEET OR 1609.3 METERS) ABOVE SEA LEVEL.
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Stay connected with us for the best in regional people, places, travel and experiences FOLLOW US
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Alliance International Feature IMAGE: VISIT DENVER
Giant artwork in the River North Arts District (RiNo)
Big Blue Bear peering into the Denver Convention Centre
enver International Airport is no ordinary airport. To one person it could be seen as a neat line of gigantic white teepees, while to another it might look like snowcapped mountains mirroring the Rocky Mountains rising majestically behind it. Personally, I think it looks like a series of enormous pavlova peaks. But that might be the Aussie in me coming out. Whatever your take, it’s very cool. And Denver’s cool factor doesn’t stop there. When you leave the airport and begin the drive into the heart of Colorado’s capital, art pops up at every turn – a giant rearing blue horse with fiery red eyes is one of the first impressive public art installations that you’ll pass by. Another is the Big Blue Bear staring into the Denver Convention Centre. The reason there’s so much art is because for three decades local law has stipulated that one percent of all capitalimprovement projects over $1 million undertaken by the city must go towards public art. However it’s not just the sculpture and public art that give Denver its edge. Art pervades most aspects of life in this happening city where Americans are now flocking, as the price of living is still cheaper than most of the other big cities with a thriving arts and culture scene.
DENVER’S ‘ONE PERCENT FOR ART’ LAW HAS LED TO THE CITY HAVING AN IMPRESSIVE COLLECTION OF COOL PUBLIC ART APRIL/MAY 2019
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Alliance International Feature Street art in Denver's River North Arts District (RiNo)
STREET ART & BOOZE I’m staring up at the semi-naked six-storey-high Greek God Hephaestus, aptly named the God of Creativity. There are window cleaners in high-vis gear hanging off the wall near his thigh. It’s a remarkable piece of street art that covers half the new block of apartments in this hip part of Denver called RiNo (pronounced ’rhino’), which is the River North Arts District. The district’s blend of urban charm and industrial revival make it a hipster heaven, and if you’re a bloke, then a big beard is pretty much part of the uniform, along with a Rocky Mountains-style checked flanno. I embark on a graffiti tour with local Denverite James Carlson, who started the tours about a year ago due to increased interest in the street art that is now supported by CRUSH WALLS – a festival offering art inspiration through this specialised urban craft. James and I walk and talk for two hours, taking in hundreds of pieces of art. Sadly, but understandably, every year the artworks from the year before are painted over and the coveted spaces are readied for new works to be created. If you love art and beer, RiNo is where it’s at. The place is absolutely peppered with breweries, distilleries, cool cafés, bars and restaurants to enjoy the goods, alongside fantastic modern food that veers far from the stereotypical deep-fried US food offerings of the past. For beer tastings, I visit Ratio, Our Mutual Friend, 10 Barrell Brewing (with great sours including a hit cucumber variety) and The Block Distilling Co, which creates an awesome gin in a beautiful bottle worthy of a souvenir. I top the afternoon off by spending a couple of hours in Denver Central Market, an exciting emporium of awesome produce and fabulous food. It’s home to a bakery, coffee shop, fish market, butcher, rotisserie, chocolate shop, ice cream parlour, wood-fired pizzeria and more. The focus is on healthy organic food, and the central attraction is its outstanding bar, serving up cocktails, beer, and a wide range of wine.
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IF YOU’RE A LOVER OF ART AND BEER, RINO IS WHERE IT’S AT
RESTAURANTS & COOL REFURBS
One of the most exciting recent developments in downtown Denver is the restoration of the historic 100-yearold Denver Union Station, which has led to the revitalisation of the entire district. The station is home to ultracool eateries, including the playful 60s-style Snooze, which focuses on celebrating the AM (AKA breakfast) dining experience. The two brothers who created it give classic American breakfasts a twist, and its brekkie menu is possibly the largest in the world. In the same building is Mercantile, which is considered one of the best restaurants in Denver. It dishes up ‘elevated comfort food’ (which is a wonderful way of describing its relaxed fine dining), with a focus on the solidification of sustainable relationships between restaurant, farm and market. The atmosphere is as intoxicating as the scents drifting from the kitchen, where head chef Alex Seidel works with a passionate and talented team to create perfectly balanced culinary masterpieces. A James Beard-winning
I M A G E : S C O T T D R E S S E L L- M A R T I N
Denver Union Station
Mercantile
RESTORING THE OLD DENVER UNION STATION HAS REVITALISED THE ENTIRE DISTRICT
chef with even more awards than kitchen knives, he and his team take food, wine, beer and spirits seriously, and yet are fun, welcoming and excited about sharing their melting pot of knowledge. They also sell their spices, so if one takes your fancy, you can take a little dash of Mercantile home with you for your next dinner party. Another lovely choice for a modern restaurant where the chefs, sommeliers and staff are equally dedicated to their craft, is modern Italian gem Tavernetta, which is just a hop, skip and a jump from Mercantile in the station area. APRIL/MAY 2019
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Alliance International Feature
The Source Hotel and Market Stall
The Ramble Hotel
FACT FILE Mercantile F&B: mercantiledenver.com
Clyfford Still Museum: clyffordstillmuseum.org
Snooze: an AM eatery: snoozeeatery.com
Tavernetta: tavernettadenver.com
Denver Central Market: denvercentralmarket. com
Death & Co: deathandcompany.com/ denver/
The Ramble Hotel: theramblehotel.com The Source Hotel and Market Stall: thesourcehotel.com
ratiobeerworks.com Our Mutual Friend: omfbeer.com 10 Barrell Brewing:
Denver Graffiti Tour: denvergraffititour.com
10barrel.com/pub/ denver/
Kirkland Museum of Fine & Decorative Art: kirklandmuseum.org
theblockdistillingco.com
Denver Art Museum: denverartmuseum.org
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Ratio Beerworks:
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The Block Distilling Co: MORE INFORMATION: Denver: visitdenver.com Colorado: colorado.com
And, like many places in Denver, Tavernetta is dog-friendly! Seamlessly merging a marketplace with a cool hotel, 25 independent retailers and restaurants, a rooftop gastropub, a beer garden, and a pool terrace is the very hip Source Hotel and Market Hall, located right in the middle of the RiNo district. Another recent great renovation can be seen at The Ramble Hotel. Soaring church-high ceilings, deep blue and chocolate hues on luxe velvet, leather and wood furnishings come together to create an uber-cool yet welcoming space. The hotel is home to Death & Co, which is a New York-based bar and online retailer that pays homage to the speakeasy era. Denver was chosen as the first location outside of NYC and includes an intimate theatre and event bar, alongside a new restaurant from Denver’s acclaimed Work & Class, which offers Southern and Latin American cuisine, complemented by wonderful cocktails. If you’d prefer to be in downtown Denver, Hotel Indigo is another newcomer, very handily located directly across from Denver Union Station. The tagline suits this cool place: ’Travel Like an Explorer. Stay Like a Local.’ It has an awesome bar downstairs, which has more than 500 whiskeys, and one block away is the much-loved American grocery chain Whole Foods Market, which is basically heaven for lovers of real food and other products that are related to health and wellbeing. Saving the planet and living well is the aim of the game here. If you can drag yourself away from trendy RiNo, another way to get a good fix of art is to visit the trio of musuems and galleries that you can purchase a 'passport' for: Kirkland Museum of Fine & Decorative Art, Denver Art Museum and Clyfford Still Museum. Each as inspiring as the next, by the end of the day you might feel like a cooling ale. Luckily, as you may have gathered by now, a bevvy is not too difficult to arrange in Denver.
IMAGE: ADAM LARKEY
THE RAMBLE HOTEL'S BAR DEATH & CO PAYS HOMAGE TO THE SPEAKEASY ERA
Luxury Products
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1. Sennheiser PXC 550 Wireless Headphones Transform your journey with Sennheiser’s PXC 550 wireless headphones, featuring Sennheiser’s renowned high-quality sound and noise-cancelling technology in a sleek, foldable design. With an intuitive touch control panel on the earcup and up to 30 hours of battery life, this headset is the ultimate travel companion. $499.95, sennheiser.com.au
Luxe meets efficiency with these top-quality gadgets and goods. Compiled by: Sarah Hinder
2. Missoni Home Walbert Hand Towels
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Made from 100 per cent high-quality cotton, the vibrant design of Missoni Home’s hand towels brings a touch of style and comfort to the bathroom. The towels are comforting and soft to touch, while their sculptured textures and design motifs may be matched and arranged with the Missoni Home collection to complete your bathroom with a stylish finish. $42, top3.com.au
3. Normann Copenhagen Brilliant Box
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These designer Brilliant Boxes come in a range of colourful lids inspired by gems and precious stones. Designed to keep your valuable belongings safe and organised, the versatile boxes can be used in any room of the house, adding a decorative element while storing the small items you treasure most. The patterned bottom creates a camouflage effect while the transparent lid allows you to peek at what’s inside. $50-75, top3.com.au
4.Samsung CHG90 QLED Gaming Monitor
This 49-inch ultra-wide curved QLED gaming monitor is designed for multi-tasking. Stretching the size of two standard monitors side-by-side to expand your field of view, the CHG90 offers several gaming modes and a refresh rate of 144 hertz. $2,000, samsung.com/au APRIL/MAY 2019
Luxury Products
5. Optoma UHD51 Home Theatre Projector
Producing cinema-like images at 2400 lumens, Optoma’s 4K UHD projector presents high-quality film from the comfort of your couch. Lightweight and easy to manoeuvre, the projector comes equipped with a powerful stereo speaker. $3,299, optoma.com, available at ambertech.com.au
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6. Forty Spotted Rare Tasmanian Gin
7. By The Sea, By Barry Stone
This is a gin for the inquisitive and creative at heart, designed to excite the curious drinker. Clean, fresh and subtly complex, Forty Spotted uses local pepperberry, juniper berry, coriander and lemon peel as key botanicals to create a traditional London Dry-style gin with a twist $73, larkdistillery.com/ forty-spotted-gin/
This photography book features more than 50 incredible properties that have their footprints on the world’s most beautiful beaches. From homes to hotels and restaurants, each property has been chosen for its aesthetic value, history and success in adapting to its beachfront locations. $49.99, au.newhollandpublishers. com/by-the-sea.html
8. Dyson Pure Hot+Cool Link Purifier Heater Dyson’s purifying heater uses compact filtration technology to capture 99.95 per cent of fine particles, including allergens, pollutants, bacteria and odour. For use in all seasons, the device both purifies the air and maintains your preferred ideal temperature. $799, dyson.com.au
Luxury Products
9. DJI Mavic Air Hailed as the best consumer drone on the market, this latest edition to the DJI Mavic series is an ultra-portable, high-end performance drone. The DJI Mavic Air excels for its 4K 3-axis gimbal camera, its ability to avoid obstacles and respond to hand movements, and its ultra-compact design. $1,299, dji.com
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10. Tom Ford Leather Bifold Wallet Tom Ford’s sleek and modern bifold wallet is made in Italy from Rialto leather with a gold embossed logo. The classic-look wallet holds eight credit cards, with two open slots and a notes section, and is available in black or khaki. $470, tomford.com
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11. Clinique Moisture Surge 72-Hour Auto-Replenishing Hydrator Clinique’s best-selling moisturiser for dry skin keeps your face hydrated even after cleansing. The gel-cream helps skin to create its own internal water source to lock in moisture and keep skin plump for up to 72 hours. From $60, clinique.com.au
12. Brunello Cucinelli Office Bag Italian-made with precious materials, this timeless classic briefcase is designed with everyday usability in mind. It’s lined with small interior pockets, and has three expandable compartments and a practical flap-and-strap closure. $5,350, brunellocucinelli.com APRIL/MAY 2019
Luxury Products
13. the singular Overeem Single Malt Whisky Beautifully handcrafted and aged in small port casks, Overeem Whisky is a boutique spirit that captures the very essence of premium Tasmanian liquid gold. $218, overeem whisky.com
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14. SLIP Silk Pillowcase We spend a third of our lives in bed. By the time we’re 60, we will have slept for an average of 20 years. While traditional pillowcases don’t slip and continuously tug at the delicate parts of our face, SLIP’s luscious pillowcases are made from 100 per cent pure silk with a thickness of 18 momme (the highest grade of silk), which prevents ‘bed head’, ‘sleep crease’ and skin stretching. $85, top3.com.au
15. Dometic Portable Fridge The Dometic Waeco CFX portable fridge/freezer models are energy efficient and have excellent cooling performance, even in high ambient temperatures. The
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16. Puik Iso Rug Designed with isometric perspective principles, this designer rug draws in the eye for a second look to work out whether its twoor three-dimensional. Adding a textured touch t o any interior this statement carpet is crafted from 100 per cent wool, which will warm up the room. $1,298, top3.com.au
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APRIL/MAY 2019
wine voucher
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Naked Wines is giving you the chance to get $100 off of your first order of 12 delicious boutique wines. With this $100 Naked Wines voucher you can grab a case of highly rated wines delivered directly to your doorstep. Oh, and what's more, delivery is next day to Sydney, Melbourne and Perth metro areas. Naked Wines are working hard to break the dominance of the supermarkets and major retailers, all while revolutionising the way wine is made and enjoyed in Australia. They don’t just sell great wines, they make them happen. Their customers directly support independent winemakers, and in return receive exclusive access to delicious, handcrafted wines at amazing prices. And the more support they have, the more independent Aussie winemakers they can support! Are your tastebuds tempted? Then why not enjoy $100 off your first case from Naked Wines! The boring bits: To use this voucher you must be 18 years or older. This voucher entitles first time Naked Wines customers to $100 off their first order of 12 bottles. All orders are a minimum of 12 bottles, and a minimum spend of $155.88. Not to be used in conjunction with any other offer or promotion. *Next day delivery is available to Sydney, Melbourne and Perth metro areas for orders placed before 3pm. We don’t ship to Northern Territory. Delivery not included. Offer is subject to change. See website for full Terms and Conditions.
Luxury Products
17. Bose Soundbar 700 This sleek, wireless soundbar distributes premium sound quality with an aim to evoke a sense of surround-sound, even where there are no speakers. The speaker includes multiple options for wireless onetouch pairing including a built-in Amazon Alexa. From $1,199.95, bose. com.au
18. Ink Gin Handmade at Husk Distilleries in Tumbulgum on the New South Wales North Coast , Ink Gin is pot distilled with a blend of 13 organic botanicals, including Australian natives and exotic botanicals from around the world. The gin colours your cocktail or G&T with floral pink and purple hues. $82, inkgin.com
19. Samsung POWERbot Robot
20. Clinique For Men Custom-Fit Daily Sets
For entirely effortless and powerful cleaning, Samsung’s latest POWERbot uses 130 watts and visual mapping technology to intelligently clean your home, hands-free. Wi-Fi connectivity allows you to remotely control and schedule cleaning times. From $799, samsung.com/au
Clinique’s Custom-Fit range for men has a formula to suit every skin type and specific need, from hydration to oil control to age repair. Skincare at its simplest and best, the sets include daily essentials such as face wash, shaving cream and moisturiser. $49–$69, clinique.com.au
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EXPERIENCE DARWIN’S
CARNIVAL OF COLOUR
EVENTS THURSDAY 1 AUGUST
SATURDAY 3 AUGUST
LET’S TALK RACI NG L UNCHEON
Q A NTA S DA R W I N TURF CLUB G A L A BA L L
Hosted by Sky Racing’s, Greg Radley, lunch goers will enjoy a frank, topical and entertaining look into the Australian Racing industry with discussions and interviews with racing royalties.
The biggest outdoor gala ball in the Southern Hemisphere is non-other than the Gala Ball.
SATURDAY 3 AUGUST BE T 36 5 PALM E RS TO N S P RIN T The carnival is in full pace with the bet365 Palmerston Sprint 1200m dash for cash on the track.
Purchase tickets at darwinturfclub.org.au
Enjoy the live entertainment under the stars.
MONDAY 5 AUGUST G R E AT NO RT H ER N DA R W I N CUP Experience the biggest race day in the Northern Territory, with 20,000 people trackside to watch the $200,000 race take place on one of the richest dirt tracks in Australia.
AusBiz.
NEWS+VIEWS | MINING | AGRIBUSINESS | INFRASTRUCTURE
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20 p.8 metals and minerals P.14 current affairs: mining the bight P.20 agribusiness: australian wool P.25 australian pork industry P.30 property: defence housing australia P.34 charity spotlight: careflight P.39 financE: saving tips
Business News+Views Bringing you the latest insights and analysis.
WORDS: libby masi & sarah hinder
A roadmap for the future of hydrogen The CSIRO has released new report, the ’National Hydrogen Roadmap’, which lays out future plans to develop the action and investment necessary to realise the full benefits of a hydrogen economy in Australia. Hydrogen is a clean-burning fuel with uses ranging from powering vehicles to storing energy, and has the ability to help reduce the carbonisation of the planet when produced using low-emission sources. According to the blueprints laid out by the CSIRO, a new, innovative and competitive hydrogen market is on the horizon. CSIRO Chief Executive Dr Larry Marshall explains, “Australia has a unique and urgent opportunity
to turn significant natural resources, including coal, gas, and renewables like solar and wind energy, into a low-emissions energy product and ship it around the world – in some cases literally exporting Aussie sunshine.” The organisation recently developed the world’s first membrane to separate hydrogen from ammonia for fuel cell vehicles. This process solves the main difficulty with the resource – its transport. This latest development is just the catalyst needed to kickstart the renewable hydrogen export industry, which will give Australia a competitive edge in becoming a world leader in this carbon-free energy source. Visit csiro.au
Big things are brewing on the Sunshine Coast Over the past seven years, Australia’s boutique beer and brewery industry has experienced 200 per cent growth. A thriving recent addition to the industry is Sunshine Coast craft beer brewery Your Mates Brewery, owned and operated by Shark Tank alumni Matt Hepburn and Christen McGarry. Sunshine Coast Councillor Peter Cox comments, “The food and agribusiness industry on the Sunshine Coast is valued at $700 million, and features... some of Australia’s leading food and beverage innovators.” He sees Your Mates Brewery as an excellent addition to the region, believing its success is a strong sign of local economic confidence. “The Sunshine Coast is rapidly being recognised as one of the most dynamic locations for new food, beverage and agribusiness investment in Australia,” Cox adds. Proud locals, Hepburn and McGarry have so far provided 20 jobs, with more to come. “Your Mates Brewery gives us the scope to increase production of all our beers, develop new blends and bring more product to market, which means even more jobs in the future,” says Hepburn.
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Your Mates Brewing Company takes full advantage of all its resources, including grain by-products which are used by local farmers for their crops. Hepburn refers to this as a “circle of life type arrangement,” supporting the community and local businesses. Visit yourmatesbrewing.com
Business News+Views
Atlas People provides top-quality chefs around regional Australia Atlas People recruits qualified chefs to travel and work in regional and rural towns around Australia. Benefitting remote pub, club and restaurant operators when they require an extra hand, one call to Atlas People provides access to a pool of high-quality accredited chefs. Owners and managers can breathe easier knowing they can have a chef on hand with the necessary qualifications and skills, and the option of a ‘try before you hire’ service for long-term appointments. Meanwhile, by meeting new people and working in venues around the country, many of Atlas People’s chefs find the job provides an ideal balance of interesting experiences and a stable livelihood. Atlas People originated in regional Australia and now has more than 14 years’ experience in the labour hire business.
Managing Director Doug Fletcher explains that when working with Atlas People you are dealing with a team of experienced staff who understand the hospitality industry and its needs in regional and remote Australia. “Anyone can easily find a chef in the city. But, away from the city it’s a bit harder to find qualified people. We've been active in building a large pool of talent that, as well as being qualified chefs, are after a lifestyle that enables them to travel Australia and play a vital role in regional communities,” he says. “Our available talent pool means we can have a chef in place within 24 to 72 hours, no matter your location.” Visit atlaspeople.com.au and contact Atlas People at admin@atlaspeople.com.au or (07) 3088 3700 for east coast locations and (08) 9468 7500 for west coast locations.
Weir Minerals: increasing Pattison Sand’s productivity A US family-owned sand and aggregates company based in Iowa, Pattison Sand produces a diverse range of products that service the infrastructure and construction industries. After successfully using Weir Minerals mining products at their site, Pattison Sand contracted Weir to custom-design a plant capable of producing more than seven materials – a challenging demand. The unique facility, located on the Mississippi River, processes highly abrasive materials. This, combined with the physical diversity of the site and an aggressive threemonth timeline, initially presented technical and engineering challenges. However, the Weir Minerals team was determined to meet Pattison Sand’s exacting demands. Global Service Director Eric Jones explains,
“We are very close to Pattison Sand, and spend a lot of time with them on-site brainstorming ideas and working together. When Pattison Sand presented the ambitious plan for their plant, our integrated solutions team worked with them to make it a reality.” Now in operation, the custombuilt plant’s flexibility has allowed Pattison Sand to operate more efficiently, exceed production targets and increase its product range. Owner of Pattison Sand Kyle Pattison comments, “Pattison Sand and Weir Minerals have a good working relationship because of the successes we’ve had solving problems and delivering good quality products on time.” Visit problemsolved.weir to watch a video showcasing the project and its successful operation.
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Business News+Views
Gold Fields is going green Gold Fields’ Granny Smith Mine, near Laverton in Western Australia, is set to install one of the world’s largest renewable energy microgrids, fulfilling its vision of leadership in sustainable gold mining and the reduction of its carbon footprint. The company has contracted Aggreko to design, build and operate the eight-megawatt solar power generation and battery systems. The energy system will be powered by more than 20,000 solar panels, generating almost enough power to run the mine’s entire processing operations. Aggreko AusPac Managing Director George Whyte said, “The solar-plus-battery system is projected to reduce fuel consumption by 10-13 per cent – the equivalent of removing 2,000 cars from the road – and produces about 18 gigawatt hours of clean energy per year.” Construction of the state-of-the-art microgrid is planned to begin in May 2019. For more information visit aggreko.com.au
Researchers from Flinders University recently completed one of the first large-scale aerial surveys of the eastern Great Australian Bight. Key researcher Dr Kerstin Bilgmann reports, “In the two weeks of flying, we sighted five cetacean species in coastal and offshore waters, including 71 schools of common dolphins and 14 schools of coastal bottlenose dolphins, as well as seven southern right whales, three humpback whales and one minke whale.” With such a high abundance of common dolphins, these sightings reveal how crucial the regional habitat is to the species. An exciting spotting of a female right whale and her calf allowed researchers to conclude these waters are used by the endangered species for transiting from southern feeding grounds to coastal aggregation sites at the Head of Bight and Fowlers Bay, to give birth during winter. In a region where tourism, fishing and commercial industries are prevalent, such research is essential in providing a better understanding of its role as a habitat
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IMAGE: KERSTIN BILGMANN
Great Australian Bight aerial surveys reveal its ecological significance
for endangered marine species, and ensuring the long-term prosperity of its inhabitants. While marine predators such as dolphins have already been negatively impacted by interactions with fisheries, debris entanglement, human pollution and coastal development, more recently the region has become a frontier for potential offshore petroleum resources, and is actively being explored for oil and gas. Read more on the issue on page 14 of AusBiz. or for more information visit news.flinders.edu.au
27 - 29 AUGUST
2019
SYDNEY SHOWGROUND SYDNEY, AUSTRALIA
FREE
MULTI-STREAMED CONFERENCE
500+
INDUSTRY SUPPLIERS
6,000+ INDUSTRY PERSONNEL
AT THE CORE OF MINING INNOVATION FOR MORE INFORMATION VISIT AIMEX.COM.AU INDUSTRY SUPPORTERS
Business Story
Best foot forward
IMAGES: MICK DODDS PHOTOGRAPHY 2019
HOW FOOTWEAR ENTREPENEUR JENNEN NGIAU-KENG LIFTED THE LOCAL SHOE GAME, AND STAYS A STEP AHEAD OF THE COMPETITION.
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Some people’s career paths are straightforward. That’s not the case for Jennen Ngiau-Keng of Jennen Shoes. He wasn’t an apprentice cobbler or shoemaker. In fact, he was more focused on using his hands than his feet when he made the decision to open his eponymous business. “I was working as a professional violinist with the Melbourne and Tasmanian Symphony Orchestras. Despite being a dedicated musician, I had an urge to create my own venture and stimulate my mind in a new way,” he explains. “I was on tour in the US when I stumbled across elevator shoes.” If you aren’t familiar with the term, elevator shoes are footwear with thickened insoles under the heels to make the wearer appear taller. In AusBiz.
the case of Jennen Shoes, they can increase your height by three to 10 centimetres, without looking obvious. “I did my market research and found elevator shoes to be scarce and unfashionable,” Ngiau-Keng reveals. “However, this didn’t stop Hollywood celebrities including Tom Cruise and Sylvester Stallone from wearing them both on and off set. “A year later, I launched my first collection of Jennen Shoes online, with a focus on providing elevator shoes that were stylish, comfortable and durable.” Twelve years on, the company has a broad range of footwear which includes options for both men and women, as well as vegan elevator shoes and lifts to balance out leg-length discrepancy.
First steps
Ngiau-Keng quickly learnt that in order to establish a business, you need to be your own conductor. “In the beginning I worked day and night, because I didn’t set boundaries or build systems for efficient expansion,” he says. “Planning the growth of the business in order to sustain a balanced lifestyle is very important.” When starting a new venture, it’s important to have a strong philosophical base to undergird your decisions. Even if your core reason for operating is ’make profit’, you will benefit from thinking about the why of every step you take from day one. In addition to following the tenet of Ralph Waldo Emerson’s famous quote, “In my walks, every man I meet is my
IMAGES: MICK DODDS PHOTOGRAPHY 2019
Business Story
Fast Facts
1500s
Elevator shoes date back to the 1500s, when cowboy boots were all the rage in Spain
AFL
Jennen Shoes count Aussie politicians, AFL players and other celebs among their anonymous clientele
superior in some way, and in that I learn from him,” Ngiau-Keng has three grounding philosophies: • Treat others with kindness; • Build meaningful relationships with those who share similar values; and • Educate our children to be responsible members of society and compassionate human beings. “I feel proud when I’m living by my values,” he says. “I also feel proud when know I have positively influenced someone.”
Staying ahead of the game
You don’t have to be an industry pundit to know retail is a tough, cut-throat game, especially when you’re looking at the disruption to the sector that has taken place in recent years. Gone are the days of hanging up a shingle and laying out your wares for passers-by. “Technology has transformed the way we shop, let alone the way we live,” says Ngiau-Keng. “Since the boom of online retail, businesses that
previously dominated the market are now burdened with large infrastructure, archaic systems and too many employees. Reacting to consumer trends is vital to stay in business, but massive transformations like these are costly and time consuming.” In response to these changes to the market, he has made a hard pivot, completely transforming his business model to match consumer behaviour. “We’ve focused our efforts on website advancement, online marketing and online customer care,” he explains. “In 2013, 70 per cent of our customers purchased at our retail outlets, while only 30 per cent purchased online. In 2017, the results were the opposite. Over 70 per cent of our customers preferred purchasing online. By early 2019, we closed all our retail outlets – we now operate 100 per cent online and have increased sales and reduced overheads.” If you consider the usual process of purchasing shoes – which generally
includes trying them on – this is a remarkable achievement.
Jennen’s advice for new entrepeneurs
If you’re an accomplished violinist looking for a new hustle (or even if you’re a brickie’s labourer with a genius idea to bring to market), here are seven pearls of wisdom from Ngiau-Keng: • Start small if you don’t have large amounts of time and money to invest. • Market research your business ideas to ensure there’ll be demand. • Crunch the numbers to ensure it’ll be worth your efforts. • Provide a unique, quality product or service focusing on customer care. • Plan and control the growth of your business to sustain a balanced lifestyle. • Create a business culture that’s uplifting and beneficial to everyone involved. • Listen to your customers and evolve from their feedback. APRIL/MAY 2019
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Metals & Minerals
Darren Baguley Darren specialises in the fields of technology, mining, agriculture, energy and business.
The high-tech metals and minerals powering the future OUR MODERN WORLD IS BUILT ON COAL, STEEL, GLASS AND CONCRETE – BUT AS SOCIETY CHANGES SO DOES COMMODITY DEMAND. 8
AusBiz.
Metals & Minerals
Fast Fact
40kg
The lithium ion battery of the new Nissan Leaf EV contains 40kg of graphite
A S W E L L A S T R A D I T I O N A L M E TA L S SUCH AS COPPER, ALUMINIUM AND S T E E L , W I N D T U R B I N E S A L S O C O N TA I N T H E H I G H -T E C H M E TA L C O B A LT
Given that it can sometimes take decades between initial exploration, discovery of a deposit and approval and construction of a mine, mining companies need to be able to peer into the future. In the absence of a serviceable crystal ball, miners have to maintain a watching brief on global economic and demographic trends, shifts in consumer demand, environmental change and, more recently, technological change. The pace of technological change is relentless. Smartphones are nearly ubiquitous in the developed world and are rapidly achieving the same in the developing world. Notebook PCs, tablets, smartwatches and fitness bands have followed or are following the same adoption curve. These portable technologies are at the core of demand for lighter, more powerful and more reliable batteries – but it’s not just the global technology giants that have benefitted. Rapidly developing battery technology is driving development of electric cars as well as energy storage – both utility and household scale.
Metals & Minerals U T I L I T Y S C A L E B AT T E R I E S C O N TA I N L A R G E A M O U N T S O F LITHIUM AND GRAPHITE
Fast Fact
42 trillion
We may end up mining in space – if we do, near-earth asteroids are estimated to contain more than 42 trillion tonnes of metals and minerals
Deloitte’s ’Tracking the Trends 2018’ report explains: “As economies mature and technological advancement progresses, mining companies are seeking greater exposure to laterstage commodities such as tech metals and boutique minerals. One of the most frequently cited examples these days is lithium, an integral component of battery technology. In anticipation of the exponential growth of electric vehicles (EVs) and energy storage systems, the global battery supply chain is mobilising.” While EV adoption in Australia is low, just 0.18 per cent of new car sales in 2017 according to WhichCar, the local market matches the global trend with new models being introduced every year, and a slow but steady rollout of charging infrastructure across the country. More importantly, the member countries of the Electric Vehicle Initiative (EVI), including Canada, China, France, Germany, Japan, the Netherlands, Norway, Sweden, the UK and the US, have announced plans to increase the market share for EVs to 30 per cent by 2030. In response to anticipated demand
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for batteries Tesla has built its Gigafactory in Nevada, which produces 35 gigawatt-hours (GWh) of capacity annually, and China has foreshadowed plans to build battery factories with more than 120GWh annual capacity by 2021. Responding to these trends, most mining and energy industry analysts predict that world demand for lithium will increase by 200 or even 300 per cent by 2030. With seven lithium mines already operating in Western Australia – including the Greenbushes operation, the world’s largest hard rock lithium mine – Australia is well placed to take advantage of this increase in demand. But lithium is not the only commodity that has seen demand spike as worldwide battery production increases exponentially. Like lithium, graphite and cobalt are integral components of cutting-edge battery technology, and the development of these resources is at a similar stage of development that lithium was a few years ago. China has long been the world’s biggest supplier of graphite, but its share has been steadily declining as higher-grade deposits
are worked out and stricter environmental regulations cause the closure of some mines. Australia is unlikely to take China’s place as a major graphite producer, however, there are deposits in both Western Australia and South Australia. Quantum Graphite (ASX: QGL), formerly Valence Industries, owns the Mikkira Graphite Deposit located on the Eyre Peninsula, near Port Lincoln. The deposit includes the Uley Graphite Project, also known as the Ouray mine, which was Australia’s only operating graphite mine between the 1920s and 1993 when it closed, only to reopen in 2014 and close again in 2016. Despite Uley’s chequered history, Mikkira is acknowledged as a world-class deposit and analysts are cautiously optimistic about Quantum’s future as graphite supplies tighten and prices rise. While it was in production, Uley produced up to 14,000 tonnes of graphite concentrate annually. By contrast, the McIntosh flake graphite development, located approximately 100 kilometres from Halls Creek, in northern Western Australia, currently undergoing a feasibility study, is predicted to produce around
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Metals & Minerals
AN INCREASE IN SMART CAR CHARGING INFRASTRUCTURE IS S L O W LY R O L L I N G O U T AROUND AUSTRALIA
CHINA HAS LONG BEEN THE WORLD'S LARGEST SUPPLIER OF GRAPHITE
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100,000 tonnes per annum of high-grade (96-98 per cent TGC) graphite concentrate. Jointly bankrolled by Mineral Resources (ASX: MIN) and Hexagon Resources (ASX: HXG), the project kicked off mid-2018 and has a three-year timeline to commercial production. Cobalt is another high-tech metal that represents a significant opportunity for Australian mining companies. According to Deloitte’s ’Tracking the Trends 2018’ cobalt consumers are “facing a global supply deficit that may grow from 885 tonnes in 2018 to 5340 tonnes in 2020. To complicate matters, almost 70 per cent of the world’s cobalt supply comes from the [notoriously unstable] Democratic Republic of the Congo.” Australia has the second largest reserves and is the world’s fourth largest producer of cobalt. Broken Hill-based Cobalt Blue (ASX: COB) and Clean TeQ (ASX: CLQ) are just two of several junior miners rushing to explore for the blue-grey metal. Both companies will need to raise funds to build the new mines and processing plants needed to exploit the deposits but they’re optimistic that
rising prices and Australia’s political stability will make the difference. Deloitte adds that while new metals and minerals such as lithium, graphite and cobalt are the next big thing, “both nickel and copper are reinventing themselves as commodities of the future as well. EVs are expected to contain four times as much copper as combustion-powered engines.” Given the trend towards portable electronics, EVs and renewables, it seems unlikely that demand for the high-tech metals needed to produce batteries will abate any time soon. EVs will make a rapid transition to the mainstream once the price gap with internal combustion engine (ICE) powered vehicles narrows, and Deloitte notes that “over 160 countries and counting have publicly announced commitments to increase the share of renewables in their electricity mix, with 59 countries planning to shift to 100 per cent renewable energy in the coming decades.” Whether they’re destined for smartphones, PCs, EVs, household or utility scale energy storage, Australia is well placed to supply the world with the commodities of the future.
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Current Affairs
WHAT LIES BENEATH
A CATACLYSMIC ENVIRONMENTAL DISASTER WAITING TO HAPPEN, OR A ONCE-IN-A-GENERATION OPPORTUNITY TO SAFEGUARD AUSTRALIA’S OIL SUPPLY AS WELL AS BOOST THE NATIONAL ECONOMY TO THE TUNE OF BILLIONS? THERE ARE COMPLEX ISSUES SURROUNDING DRILLING IN THE GREAT AUSTRALIAN BIGHT, AND THE STAKES ARE HIGH. 14
AusBiz.
Ian Lloyd Neubauer With nearly 20 years’ journalism experience, Ian is abreast of global news as it happens.
Current Affairs
CLIFFS ALONG THE G R E AT A U S T R A L I A N B I G H T
THOUSANDS OF KILOMETRES OF COASTLINE COULD BE AFFECTED
I
t’s one of the most important whale, shark and tuna nurseries on the planet – an utterly pristine marine environment with biodiversity thought to be on par with or possibly even excel that of the Great Barrier Reef. During a recent study researchers gazetted 1,267 species, a third of which were altogether new to science. Yet few people have heard of the Great Southern Reef, probably because it’s really, really hard to get to. It’s concealed one to three kilometres below the surface of the Great Australian Bight, in treacherous waters braced by sea cliffs up to 120 metres high. The Bight is also rich in oil. BP forecasts the region could yield as much oil as the Mississippi Delta and committed $1.4 billion to prospecting in the Bight this decade, but pulled out in 2016, when global oil prices hit rock bottom. But oil has already begun to bounce back and Australia is keen to get a piece of the action. The Federal Government has even promised foreign oil companies that in the event of a catastrophic oil spill, they’ll be able to claim a tax deduction for the clean-up, essentially passing the bill on to taxpayers. That hasn’t played well with greenies or the 10,000-odd people who work in fisheries and tourism in the Bight – industries that generate $10 billion annually in economic activity. Late
last year, Greenpeace published an oil spill simulation leaked from Equinor, a Norwegian energy giant that plans to start drilling the Bight as early as next year. The simulation showed a spill could dump 4.3 million barrels of oil – 30 per cent more than the BP Deepwater Horizon spill in the Gulf of Mexico in 2010 – into the ocean. Thousands of kilometres of coastline could be affected, including Kangaroo Island, Tasmania’s World Heritage-listed areas, and as far north as the beaches of Sydney. “Our biggest concern is the Bight is so remote and has some of the deepest water in the world as far as drilling attempts go, so if we get a spill on the lines of the Deepwater Horizon, we’re all stuffed,” says Andrew Neighbour of Kangaroo Island Marine Adventures. He is one of many residents up in arms after Australia’s national offshore oil and gas regulator NOPSEMA approved an application by PGS Australia to conduct seismic surveys – the precursor to offshore drilling – only 90 kilometres west of Kangaroo Island, in a patch of ocean that intersects one of Australia’s most fertile rock lobster fishing grounds and migration routes for endangered blue whales. “After nearly wiping them out, Australia’s whale population is experiencing a resurgence. The last time they did seismic
FAST FACT The Bight was formed 65 million years ago when a chunk of land split off from Australia and drifted south, eventually becoming Antarctica APRIL/MAY 2019
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Current Affairs
testing in South Australia a dozen sperm whales beached themselves – so we don’t believe it’s as harmless as they say,” he says.
FUEL SECURITY
T H E G R E AT A U S T R A L I A B I G H T I S H O M E T O I M P O R TA N T HUMPBACK WHALE AND BLUE W H A L E M I G R AT I O N R O U T E S
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Federal resources minister Matt Canavan has predicted an oil industry in the Great Australian Bight could transform the South Australian economy, create thousands of jobs and generate billions in income. And the minister’s message has not been lost – not even among the people of Kangaroo Island. “There are just as many people on the island who are for drilling as there are against it,” concedes Neighbour. But it’s not just voters who lost their jobs following the hollowing out of South Australia’s car and steel industries who should favour drilling in the Bight: Canavan argues the issue is important to anyone who cares about the country’s rapidly diminishing fuel security. Since the start of this decade, Australia’s
net petroleum stockholdings have fallen from our International Energy Agency obligations of 90 days’ worth to just 50 days. According to the Federal Department of Mining and Energy, this amounts to about 21 days of petrol for cars, 18 days of diesel for trucks and 20 days of aviation fuel. Reserves would be burned much faster in the event of war. Take, for example, the growing threat of a US-China conflict in the South China Sea – a region home to shipping routes Australia depends on for 55 per cent of its fuel. Any kind of conflict there would see food, medicine and all basic consumables become scarce in a matter of weeks. “The Great Australian Bight is one of the world’s most prospective oil and gas basins,” Canavan says. “We should do all we can to see it developed because that will bring jobs and help improve fuel security.” But that’s nonsense, according to retired air vice-marshal John Blackburn, who’s been
Current Affairs
“THE GREAT AUSTRALIAN BIGHT IS ONE OF THE WORLD'S MOST PROSPECTIVE OIL AND GAS BASINS” lobbying the Government to improve fuel security for five years. “Guaranteed flow of oil is what’s important,” Blackburn says, pointing out that just 20 per cent of Australia’s crude oil is refined onshore. “You can drill as much bloody oil as you like, but if we don’t ensure we’ve got a refinery industry and distribution capability on road, rail and sea to move the stuff around, it doesn’t matter.” Nevertheless, both the Liberal National Government and the Opposition, if they win the next election, are likely to green-light drilling the Bight. There’s just too much money at stake. Oil and gas are the single largest contributors to Australia’s $50 billion marine economy, far exceeding fisheries and tourism. There’s also the vote-pulling argument that a robust Australian oil industry could keep domestic energy bills lower – unlike renewables such as wind and solar with their colossal start-up costs. “Our energy mix is changing; the role of renewable energy is increasing and our industry is very much a supporter of that,” says Matthew Doman of the Australian Petroleum Production and Exploration Association. “But we will use a lot of oil and a lot of gas for decades to come.”
0.014 PER CENT
Norwegian oil giant Equinor has downplayed the importance of the oil spill simulation published by Greenpeace, saying it was part of an unfinished environment plan based on a combination of 100 different worst-case scenarios. The company also claims it has drilled “65 deepwater wells safely” and draws on 45 years of experience “successfully working in similar offshore environments.” But investigation shows Equinor has caused oil spills in Arctic waters near Norway while trading under its old company name StatoilHydro. In 2010 workers on a North Sea oil rig had to be evacuated as rescue engineers worked around the clock to control a huge build-
ENDANGERED SPECIES INCLUDING AUSTRALIAN SEA LIONS AND BLUE WHALES L I V E I N T H E W AT E R S O F T H E G R E AT A U S T R A L I A B I G H T
up of pressure that had the potential to blow up the entire rig. But Statoil’s safety protocols held fast and disaster was averted. In 2015 seven cubic metres leaked into the sea from a hose, and in 2016 there was a fire on a Statoil oil rig. The anti-drilling camp argues these incidents show Equinor’s experience comes from taking risks in places where other companies won’t go. It also puts into question Equinor’s statistical modelling for an uncontrolled oil spill from an underground well – 0.014 per cent or one for every 7,100 wells. “It’s extraordinary that we’re about to put this ecosystem at risk when we know so little about it,” says Greenpeace’s Nathaniel Pelle. “Wherever there is drilling, then accidents are inevitable. It’s only a matter of how bad they are and where and when they occur.” But Equinor country manager for Australia Jacques-Etienne Michel said the company will only drill in the Bight if it is assured it can do it safely. “By the time we drill, we will have spent more than two years planning this project to satisfy ourselves that we can operate safely and in accordance with Australia’s strict environmental and regulatory requirements,” he says.
FAST FACT The Bight is a haven for 36 species of whale and dolphin, and Australia’s most important sea lion nursery.
APRIL/MAY 2019
17
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Cost and Return Measurement of Technology’s Success
Cameron Waters, Business Manager – Geospatial Systems at Position Partners
What impact would it have on your business to upgrade all your surveying equipment and software in one transformative move? Is the high-risk nature of large capital expenditure holding you back from keeping up-to-date? It’s possible to increase your return on investment (RoI) and kit out your business with the latest equipment and software while reducing the risk involved in a large capital layout.
Attracting the best and brightest
There is a shortage of surveyors across Australia. One advantage of upgrading your equipment and software is that this is what young, tech-savvy employees are looking for. In a market that has more work than people, business sustainability depends upon attracting the best, meaning incorporating state-of-the-art technology is essential.
Known cost structures protect margins
Training and support
Weighing up a technology refresh
Connecting and adding real value
Today, you can expect technology and service providers to proactively help you fix long-term software licences and maintenance contracts matching your financial constraints. It’s important to then convert those fees to costs per hour and secure improved, reliable margins. Knowing this can support your ability to adjust your rates to market without unwelcome repair and maintenance surprises.
Upgrading surveying equipment and software can be daunting, and the potential risk and effort needs to be weighed against the RoI. The latest equipment provides: • Proven productivity and uptime gains. • Quality and speed of output well in front of competition. • Collaboration streamlines relationships with key partners. • Attractive workplaces for scarce young, tech-savvy talent.
Integrated collaborative workflows
With well-integrated, collaborative workflows operating via a single cloud service, data is managed more efficiently. With instant field updates, data and survey managers can review and make adjustments in real time. Information requests can be done without having to return to the site, and the integration extends to being able to securely trade data between the players in the survey ecosystem.
The quality and range of support components are what ensure rapid, enthusiastic adoption of new equipment and systems. We deliver customisable training opportunities anywhere in Australia, that ensure staff are confident with the technology and can gain the most effective results. Our live Tokara support solutions provide users with instant on-screen, real-time support to help with workflows.
To ensure your business continues to grow and stay ahead of the competition, continue to improve your systems and technology. On a larger scale, only with constantly improving productivity can our world support population growth and standard of living. It’s our sector that is building schools, hospitals and roads that secure quality of life needs for the next generations. But the broad construction profession has the lowest productivity gains due to limited technical skill rates, out-of-date industrial relations and complex red tape. Whether you’re locking in the profitability of a small surveying operation or are on the cusp of setting up on your own, it’s your technology platform that will determine a profitable venture. Talk to Position Partners about leveraging technology for cut-through. What drives us, helps you. APRIL/MAY 2019
19
Australian Wool
Lisa Smyth Business and travel writer Lisa Smyth is a non-stop nomad, living everywhere from Myanmar and Germany to PNG.
The resurgence of the Australian wool industry WOOL IS TRENDY AGAIN AMONG FASHIONISTAS AND CELEBRITY ATHLETES, AND THE MERINO WOOL INDUSTRY IS MAKING THE MOST OF ITS RETURN TO GLOBAL DOMINANCE. 20
AusBiz.
Australian Wool
L E F T: F I N E A U S T R A L I A N M E R I N O W O O L R I G H T: W E T H E R S O N T H E R O A D NEAR GLENWOOD MERINOS IN W E L L I N G T O N , N E W S O U T H WA L E S
Thinking of wool conjures images of chunky, cosy jumpers and thick scarves worn while sitting in front of a fireplace in a log cabin half buried in snow. You probably don’t think Lululemon yoga pants or Adidas running shoes – but in 2019 that’s exactly where more and more Australian Merino wool is ending up. “It’s not so much that the industry has changed, it’s that the consumer demographic has changed,” explains Stuart McCullough, CEO of Australian Wool Innovation (AWI), a not-for-profit company owned by Australia’s 24,000 woolgrowers that invests in research, development, innovation and marketing. “Generation Y and Millennials are pretty curious about understanding natural fibres, and the 300 million middle-class Chinese on our doorstep are eager to consume our products – the market is very different from 20 years ago,” says McCullough.
Let’s get physical
Today, the Australian wool industry is worth $3 billion a year on average, and 90 per cent of the world’s apparel wool is produced by Australian Merino sheep. In the past eight years the global price of wool more than doubled from $7.50 to $18.20 per kilogram as demand has grown but supply remains finite – Australia’s current wool-producing flock is less than half what it was in 1990. As brands such as Chanel and Burberry rediscover the warmth and durability of fine Merino wool, athleisure brands such as Nike and Under Armour are creating whole woollen collections that make use of the sweat-wicking, breathability and odour-absorbing qualities naturally inherent in wool. “Traditionally wool was seen in a negative way – people remembered scratchy jumpers and skirts from the World War II era. But there is a new demand for Merino wool from the ‘next to skin’ leisurewear sector,” notes Norm Smith, owner of Glenwood Merinos in Wellington, New South Wales. “We produce a magnificent product that is completely biodegradable and recyclable, and is being used in new ways for a new generation.” Smith is a fourth-generation wool farmer, and together with his wife Pip runs a 12,000 Merino stud and an online retail outlet selling fine Merino scarves, LoveMerino. The couple have also made sure to tap into another growing consumer trend: provenance. “All our wool is fully traceable, with every fibre of our scarves originating from Glenwood,” says Smith. “And those who buy our wool can also prove provenance to their customers – every farm has a story.”
Fast Facts
Merino
The Australian Merino was originally bred from the Spanish Merino, brought to Australia in 1797 from South Africa
70%
In the mid-1990s about 20 per cent of Australia’s greasy wool went to China, but this has grown to well over 70 per cent today APRIL/MAY 2019
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Australian Wool
A strong comeback
While Smith and his family are enjoying the good times now, he still keenly remembers the pain that spread throughout the country when the wool industry collapsed 28 years ago, in February 1991. Described by Charles Massy in his book Breaking the Sheep’s Back as “the biggest corporate-business disaster in Australian history,” the crash of the Australian Wool Corporation’s (predecessor of AWI) reserve price scheme devasted the industry. “We were being paid by the government to euthanise our sheep, and the poor quality of the wool meant we burnt a lot of bridges in key markets such as the EU,” says Smith. “It’s taken us over 20 years to rebuild our reputation and develop demand again.” Smith, like many farmers, turned to alternative sources of income, such as creating his own products and producing lamb. In fact, where once wool was 90 per cent of his business, it is now evenly split with lamb production. “Lamb prices have dramatically increased in recent years and there continues to be a growing demand for it,” says Will McLachlan, a fifthgeneration farmer who began working with his father on their family property, Rosebank, in South Australia two and a half years ago. “Lambs are a significant piece of our business now, but we also work to get more wool from each of our sheep.” Genetics play a strong part in today’s wool industry, with DNA testing able to predict things such as how much a lamb will grow, its resistance to infection and potential fleece weight. Though not a perfect science, breeding traits in and out of sheep can also bring in extra revenue. “Our ewe lambs are worth more for breeding than selling for meat,” says McLachlan.
A woolly debate
However, challenging Australia’s hard-fought return to the top of the global wool bale are a passionate group of people who are hard to ignore: animal activists. “The mulesing debate is starting to drive consumers towards ethically produced wool,” explains Rick Maybury, COO of Australian Wool Network, Australia’s largest independent wool marketer. “We need to help farmers find alternatives – animal welfare bodies represent a big challenge to the industry in the coming years.” Already banned in New Zealand, mulesing has been a standard husbandry practice in Australia since 1927. Mulesing involves cutting a patch of skin away from the tail and breech of a very young lamb, so a scar of stretched skin
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C L O C K W I S E F R O M L E F T: F I N E LOVEMERINO WOOLEN SCARF PRODUCED BY GLENWOOD MERINOS IN WELLINGTON, N E W S O U T H WA L E S ; S H E E P SHEARING; EWE LAMB AND YOUNG WOMAN WEARING LAMBSWOOL PRODUCTS; SPINNING WOOL IN THE FA C T O RY; A U S T R A L I A N W O O L I N N O VAT I O N T E C H N I C A L WEAR SPORTS SHIRT
grows back. The pink skin, with no wool, stays clean and dry and is unattractive to blowflies, whose eggs can cause flystrike – a condition that can be fatal. “We stopped mulesing in 2005 due to the changing sentiment of consumers and attacks from animal rights groups, but most farmers continue the practice,” says Smith. AWI’s longer term ambition is to work with woolgrowers to eliminate the need for mulesing, yet despite spending up to $40 million on research it has not found a solution. But in 2018 it became evident that the market is demanding an end to the practice, with a $1 premium difference being paid on non-mulesed lots at auction.
Robots in the shed
Despite its past and present challenges, today the wool industry is strong and looking to the future. AWI is investing in research in multiple areas, including applications of artificial intelligence and machine learning across the supply chain, electronic sheep tags that will act as virtual fences, and the use of robotics in the beloved shearing shed. “Shearing remains a very manual part of the supply chain, and finding shearers is getting tougher every year,” says Maybury. Australia has 73 million sheep, but only 2,800 shearers – five times fewer than 30 years ago. Many were pulled towards the resources boom to work in mines, and New Zealanders, who traditionally made up half the shearing workforce, are finding better wages at home.
The robotics lab at the University of Technology Sydney is currently conducting a nine-month scoping study for the AWI aided by a 3D printed sheep, Shauna. Mechanical robot arms use data to reconstruct what the sheep looks like without wool to figure out where to shear. The team believes robots could be used in conjunction with manual shearing methods, not replace shearers altogether. “When robotics was looked at in the past the cost was prohibitive, but it’s a more realistic option today,” explains Maybury. “The cost curve has come down enough that the wider industry could adopt a commercialised program.” Wool comprises only 3 per cent of the global textile market, but Australian Merino wool remains a world leader in an increasingly important sector. Biodegradable, breathable and fashionable, wool may just be the textile of the future.
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Pork Industry
Pork talk WE DELVE INTO THE PORK REVOLUTION AND SEE WHAT’S HAPPENING AT THE FOREFRONT OF THIS BURGEONING INDUSTRY.
“Get some pork on your fork” and “Pork, the other white meat” are two memorable taglines from industry marketing campaigns over the decades, but today there’s a quiet revolution going on in the field of Australian pork. On average, Australians eat 27.9 kilograms of pork per year – it became our second favourite meat after chicken, superseding beef, just a few years ago. Some of this increase in consumption has been driven by new trends such as the demand for gourmet bacon and prosciutto, but there are also crazes like the ketogenic diet which has made crackling popular as a snack food. According to Australian Pork Limited CEO Andrew Spencer, “Fresh pork has been increasing in popularity over the last few years. Trimmed pork is low in fat and has more iron than chicken but not as much as beef and lamb. Then there is the versatility of pork – a lot of chefs have picked up on it and realised that a lot of new things can be presented from pork cuts.” While only comprising around 10 per cent of total production, a growing trend is the rise of (often small scale) ethical pork production – raising pigs outdoors where they can exhibit the full range of animal behaviours that come naturally to them. Breeds such as the Large White and Landrace have over the years become adapted to being raised intensively indoors and tend to do poorly in a free-range situation. This has led to a small but growing
Darren Baguley Darren specialises in the fields of technology, mining, agriculture, energy and business.
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Pork Industry
resurgence in traditional breeds such as the English Large Black, Berkshire, Wessex Saddleback and Tamworth that are well adapted to being raised outdoors. The most famous of the new breed of artisanal freerangers is former Sydney Morning Herald food critic turned farmer Matthew Evans, star of long-running SBS series Gourmet Farmer. At the smaller end of the scale, Evans has three rare Wessex Saddleback sows – Evita, Jackie and Audrey – and one boar, Barry, which turn off around 50 free-range pigs per year. Not all of Evans’ 70-acre property, Fat Pig Farm, is suitable for raising pigs, but only one tenth of it at any one time will have the animals on it. “We put the pigs into the paddock and move them when they need fresh grass,” Evans says, “so they can exhibit natural species-specific behaviour. Ducks get to swim in their duck pond, pigs get to root up the soil, dig, forage and nest, etc.” While Evans now only sells his pork through the on-farm restaurant, he was an early adopter of value-adding practices. “[As a] small scale producer, [we] had to do a highvalue-add product. Can’t sell pigs at market or to butcher for the same price as pork rillette or our all-meat sausage – a sausage with just meat, no fillers, no starch, no sachets of flavour,” he explains. “The best compliment I ever got was from a guy selling potatoes: your sausages are too meaty.” Tammi Jonas, of Jonai Farms, is an artisanal producer also helping to preserve a rare heritage breed, the English Large Black. “We have two boars and 12 sows on 69 acres
Fast Facts
5.4million
5.4 million pigs are processed in Australia every year
45,000
There are more than 3,000 pig producers in Australia, ranging from large commercial producers with 45,000 pigs in sheds to artisanal producers with just a handful of pigs
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FA R M E R A N D S TA R O F S B S S E R I E S G O U R M E T FA R M E R M AT T H E W E VA N S
of volcanic soil country, just outside Daylesford in Victoria, which we use to produce a whole range of fresh pork and smallgoods products as well as bone broth,” says Jonas. When Jonai Farms had difficulties with getting the farm’s produce butchered to specification, Jonas apprenticed to a local butcher and crowdfunded the money needed to build a boning room on farm. The result has been extremely successful. About 10 per cent of Jonai Farms’ production is sold through the farmgate shop but “the rest is sold
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Pork Industry
PIGS GRAZING AROUND F R E E - R A N G E P I G FA R M EXTRAORDINARY PORK
through a Community Supported Agriculture (CSA) program. We have 85 people signed up for a year to get between three and 10 kilograms of our product. Customers are spread throughout regional Victoria and Melbourne, where there’s 75 people on a 20-year waiting list.” If there is one common theme among free-range pig producers, besides their ethical approach to animal raising, it would be their devotion to the land. If kept on the same patch of ground for too long, pigs can be incredibly destructive. That’s why Evans and Jonas practice planned grazing – as do Dubbo-based free-range pig farmers Michael and Alex Hicks of Extraordinary Pork. Michael studied Holistic Management™ at university and his wife, Alex, grew up on a holistically managed family farm near Orange. So it’s no surprise that when they decided to purchase 350 acres near Dubbo they were focused on regenerating the landscape, which included areas of sodic soils. Holistic Management™ is a decisionmaking framework developed by Zimbabwean biologist, politician and soldier Allan Savory. It enables landholders to make balanced decisions that are socially, financially and environmentally sound in both the short and the long term.
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The Hickses run 16 rare Berkshire sows and an even rarer Duroc boar on 120 of their 350 acres, and sell their meat through several outlets in Sydney and Central West New South Wales as well as their own CSA. According to Michael, “We focus on regenerating the landscape while providing the best life possible for the animals and a good life for ourselves. For us, those morals are exceptionally important. It is all about the animals, which means if we need to move the pigs today to not damage our land, then they get moved today. “We focus on doing this very, very well, and in return the animal rewards you. Animals act out, and we just have to listen and observe because they do what they do for a reason. For example, piglets react to how the sow is behaving. If the sow is upset and agitated, then the piglets are, too. If you make the sow as happy as she can be, it translates into the paddock.” While still a small part of the overall market, “it’s a really exciting thing to see all these producers bobbing up at farmers’ markets, focused on ethically raising free-range pigs who are free to dig and forage and nest,” says Evans. “Who would have thought nature would get it so right?”
Property Biz.
A secret weapon THOUSANDS OF AUSTRALIANS ARE CHOOSING DEFENCE HOUSING AUSTRALIA TO PROTECT THEIR FINANCIAL FREEDOM. Investing in residential real estate can be a roller-coaster ride. There are the highs of rising rents and skyrocketing property values, but also the lows of a cooling market. Ask the average Australian investor how their portfolio was doing a couple of years ago and the answer would have been an enthusiastic: “The only way is up!” Today, the scene is more subdued. By December, annual dwelling values in Melbourne had fallen by 7 per cent and in Sydney by 8.9 per cent according to CoreLogic data. In turn, rents have also softened. It is this rocky ride, coupled with the usual stresses of being a landlord, that has turned some investors to buying property through Defence Housing Australia (DHA), where rents are guaranteed and tenancies are long. But while the strategy is touted as “one of the most secure property investments available in Australia” on dha.gov.au, it is far
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from a get-rich-quick plan, with some industry insiders labelling it “lazy“ investing. The reason the Federal Government offers these humble homes for civilians to buy is simple: the department just can’t afford to own them all. “DHA manages in excess of 19,000 properties around Australia, and that portfolio is worth about $11 billion. It’s a sizeable sum under management, and for us to hold all that is really not economical,” says Chris Perry, director of investor sales for DHA.
Why take this non-traditional investment route?
“It’s a great opportunity for investors to purchase a residential property – knowing it’s then going to be leased back to a government business for a long term; anywhere from six, nine or 12 years. And to know that throughout the lease it will be occupied by defence members and maintained by DHA,” Perry says.
Kirsten Craze Kirsten Craze is a freelance journalist who has been writing about property in Australia and overseas for more than 15 years.
Property Biz.
Depending on the region, and how many homes DHA needs in an area, a property might be released back to the owner to move into or sell. Owners can sell mid-lease, but the tenancy period remains. “You needn’t worry about re-tenanting and we guarantee the rent throughout the lease – with a built-in rental floor,” adds Perry. “So the rent that the investor buys the property with – that’s the worst the rent’s ever going to be.”
Where’s the catch?
When real estate spruikers offer guaranteed rental returns and free renovations, investors are taught to be cautious. But Perry says there really are no hidden nasties with DHA: “People think it’s too good to be true. They think, ‘How can you guarantee the rent? How can you do all the maintenance on the property?’ “We’ve got a long-term contract with the department to provide housing for their members, and because of the certainty around that contract, and the fact we need to have a large portfolio in these locations for the long term, we can offer investors certainty.” While not a catch, there is a surprise. DHA’s management fees are 16.5 per cent for a freestanding property and 13 per cent for a
strata property. Although significantly higher than traditional property manager fees, Perry says investors should compare apples with apples – not oranges. “You might get a property manager at 8 to 10 per cent, but they are literally just doing the bare minimum. Then there are additional charges like advertising costs, re-letting fees and maintenance,” he explains, adding that at the end of a lease term, DHA undertakes renovations and repairs to bring the home up to selling standards. In 2017 DHA engaged BIS Oxford Economics to compare its fees with typical real estate agent charges and additional costs. The outcome showed DHA’s fees were “notably lower”.
Why it’s not for everyone
Several buyer’s agents unwilling to go on record say adding a DHA home to your property portfolio is a “lazy” investment. “If they mean lazy in that you don’t have to do a lot, then I’d agree with that,” Perry argues. “Where buyer’s agents may be coming from is, it is not something that you can add value to yourself.” Property consultant Alan Yeung of Sydneybased firm Location Property Group explains APRIL/MAY 2019
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fact box • Not all DHA properties are large homes based in regional or outer ring metropolitan areas. Although they are generally 30 kilometres from an ADF base, some are inner-city onebedroom apartments • The majority of DHA investors have no connection to the defence forces at all • While shorter lease terms of three or six years are possible, the standard terms are nine or 12 years
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that just like the stock market, there are ‘safe’ investments and ‘high risk’ investments: “It’s like buying into tech shares, they fluctuate and you can win or lose. If you buy more conventional shares like BHP then they’re a safer bet, but you won’t make millions.” Perry says people need to ask themselves what type of investor they want to be: “Do you want to have to do renovations, or be involved in intimately managing the day-to-day aspects of the investment?”
An investor’s story
Alison Crouch bought her first DHA investment just outside of Canberra 15 years ago, and since then has bought two more. “We were attracted by the security: having the guaranteed rental income. Plus we were worried about rental vacancies and people trashing the place,” she says. A professional in the mortgage-broking industry, Crouch says she and her tradie husband Mark always saw property investing as a long game. “I deal with investors every day, and I find that people invest for different reasons. Some invest for
cash flow, others invest for capital growth and for some it’s a retirement strategy. Others want to get rich – it’s all different.” After years of dealing with buyer’s agents, Crouch says she knew why many industry insiders looked down on DHA investments. “They’re after the quick capital growth,” she says. “They’re charging $10,000, sometimes $15,000, to purchase a property for someone, so they know their buyers want value for that. “What I hear, falsely, about DHA is that the properties are ‘set at a premium price’ and they’re non-negotiable. Sure, it’s a drawback for some, so is the high management fee. But if you want a long-term, secure investment, then DHA is a good strategy. “If you’re after a short-term flip, with quick returns, then it’s not for you. For us, it’s paid off in spades.” The mum-of-one says she wants to be an investor, not a landlord, so the DHA deal suits her: “I don’t have time to manage my properties or chase real estate agents. Even if I did have the time, I don’t want to! I want to be travelling and enjoying my life.”
AusBiz. Promotion
CAREFLIGHT FLYING INTO NEW TERRITORIES WITH A NEW CEO AT THE HELM AND ENORMOUS LEVELS OF GROWTH, AEROMEDICAL ORGANISATION CAREFLIGHT IS FINDING NEW WAYS TO PARTNER WITH BUSINESSES.
Mick Frewen
CareFlight CEO Mick Frewen believes revenue diversification is key for charities to survive.
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AusBiz. Promotion
Introducing Mick Frewen
Joining CareFlight in May 2018, CEO Mick Frewen came on-board at a pivotal period in the charity’s history. Coming off a 10-year management career with the world’s largest medical and travel security assistance company, International SOS, and with 20 years in the special forces before that, the former Lieutenant Colonel believes his previous experience made the transition to CareFlight a natural one. “You need to be able to relate to your staff, like the pilot and the air crew officer, to understand their roles,” he reflects. “It’s even easier when you can show them that you have been where they are, too – that you’ve sat in the back of the helicopter and you’ve jumped out of the aeroplane. My experience has helped a lot on that side.”
During his time at CareFlight, one of the more surprising things Frewen has discovered is the common misconception people sometimes have about the organisation. “Most people, if you meet them in the street or at a dinner party and they hear that you work for CareFlight, say ‘Oh yeah, the helicopter that flies around Sydney helping people.’ And they’re right, that is where we started, it’s our DNA,” he says. “But today we do so much more than that – it’s the complexity of what we do, across a variety of different aircraft and geographies, that makes CareFlight one of the more interesting aviation organisations in Australia.”
Mission of mercy
Starting in 1986 with a single helicopter, CareFlight operations now span the country with a
fleet of medical jets, turbo-prop aeroplanes, helicopters, road vehicles and pioneering mobile education simulators. From urban beginnings, today’s organisation is just as focused on helping regional and remote Australian communities get access to the quality care they need. “We have the rapid response helicopter in Sydney that has an average response time from tasking of only four minutes,” Frewen explains. “We need to get to the patient as quickly as possible and commence treatment on scene to improve patient recovery prospects. “Then there are the rescue helicopters, that can winch you out of the ocean or out of a canyon, which is what we do up in the Northern Territory and for the oil, gas and mining industry. Our jets, turbo-prop and rotary wing aircraft
Fast Facts
8,500
In 2018, 8,500 patients were cared for nationally on helicopters, jets, propeller aircraft and road vehicles. This was a 40 per cent increase from the year before.
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More than 50 MediSim Trauma Care Workshops were brought to first responders working in remote locations all over Australia in 2018 thanks to sponsors, donations and contributions from the proceeds of oil, gas and mining service agreements. APRIL/MAY 2019
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AusBiz. Promotion ONE OF THE CAREFLIGHT’S FLEET OF TURBO-PROP AIRCRAFT
CAREFLIGHT WINCH MISSION OFF GROOTE EYLANDT
enable us to move critically sick patients within Australia and overseas while providing emergency care, as well as help low acuity patients who need to be transferred to hospital for specialised care.” Over the past 12 months CareFlight has also invested in its people, growing by almost a quarter to now employ more than 550 full- and parttime staff, the largest number of whom are devoted clinical specialists and aeromedical professionals. Throughout this period of change, what has remained upfront and foremost is the organisation’s mission to save lives, speed recovery and dedicatedly serve the community.
The future of aeromedical
Like most charities, CareFlight has traditionally relied on the public for their support in order to deliver its operations. But as the fundraising space has become increasingly competitive, Frewen is only too aware of the need to seek funding opportunities in new markets, so CareFlight can continue to deliver its community services into the future. “I think it’s a challenge that presents for all charitable organisations,” he says, “that traditional fundraising,
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although still effective, won’t in the longer term meet all of our funding needs. CareFlight has to continue to look at being more creative and innovative to ensure we have the revenue to continue delivering our mission and social purpose, so for us that means diversification.” No better example, he adds, is CareFlight’s contract for the Asia-Pacific region’s only fully integrated aeromedical support to oil and gas services, located more than 290 kilometres off the Western Australia coastline. “Our paramedics work out on the oil and gas facilities, and in instances of a medical emergency, they work with our 24/7 HelpPoint coordination centre and our team of emergency specialists to get workers on the rig to the shore,” says Frewen. “We operate in our own and partner helicopters, jets and turbo-prop aircraft, so we’re able to put our clinical team in the back of the most appropriate aeromedical aircraft and move injured workers from remote areas in north WA and the NT, to a hospital in Perth or Darwin. “It’s about leveraging the skill set we already have in the oil, gas and mining sectors for organisations who value a fully integrated aeromedical model
delivered by one trusted partner. “We’ve already been able to modify all of our jets to carry neonatal cots from the proceeds of some of these new operations, and we are now looking to introduce some additional aeromedical helicopters to support remote Australian communities.” Since 2010, CareFlight has been servicing the Top End on behalf of the Northern Territory Government. Proceeds from this contract have allowed CareFlight to invest in a range of community initiatives such as 50 free MediSim Trauma Workshops across Australia each year, building resilience in remote communities. “Having these contracts really allows us to do far more to meet our social purpose in Australian communities, and I think that is a great thing,” Frewen says. “My vision is that we continue to grow, but that we grow for the right reasons and in the right way. “We are investing a lot to enable this growth, we’re not trying to grow on a shoestring, we’re positively investing in building depth. We would love to continue to grow so we can continue to reinvest proceeds back into the community, and we are always looking to work with likeminded organisations.”
Save lives, speed recovery and serve the community
DELIV E RI N G CO M M U NI T Y BENEF I TS F RO M BU S I NES S S O LU T I O NS
• Priority medevac services by fixed wing • Corporate social responsibility programs
• On-site helicopter, clinic and paramedic solutions • Corporate sponsorship opportunities
• Trauma training (on and off-site) • 24/7 clinical governance and logistic solutions
Call Andrea for your business solution on 0437 237 947 or email andrea.horne@careflight.org
Your gateway to the Albury Wodonga region.
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Finance
Ryan Watson Tribeca Financial’s CEO knows all about money management.
Don’t stress
Do you feel you have control over your finances? Do you have enough savings in reserve to absorb a financial shock? Do you have the freedom to be able to make choices to enjoy life? If you answered “no“ to any of these questions, you’re financially stressed. And you’re not alone. One in three Australians report that they feel the same. For full-time workers, it increases to one in two. We’re walking a tightrope in Australia and no one wants to admit there’s a problem. So, what exactly does financial stress look like? A few of the most common symptoms of financial stress include: • Arguing with a partner over money – financial issues are consistently reported as the leading cause of marital breakdown; • Worrying about how you will pay off a mortgage; • Frequent illness – stress lowers your immune system, increasing your chance of sickness; • Sleeping issues – if financially stressed, you’re eight times more likely to have trouble sleeping; • Lack of concentration; • Low productivity. If left untreated, financial stress has also been known to cause several mental health issues, such as anxiety and depression.
It’s clear that financial stress is no laughing matter. But how can you become “financially destressed”? I’ve included my top three tips for ensuring that you are “financially well” below.
1. Set your goals
We rarely ever take time to evaluate what we really want from life. An effective way to start thinking about your own short- to long-term goals is to consider your “four Ls”: Life, Love, Learn and Legacy. • Life: what lifestyle do you want to have now and in 10 years’ time? • Love: what are your important relationships? How will you nurture them and add value to them? • Learn: what are your passions that you’d like to get better at, or things you’d like to try in life? • Legacy: what do you want to contribute or give back to society or those around you? Using your answers, think about how you want your life to look in 10 or five years’ time. This will form your goal and give you something to work towards when sorting out your financial life.
2. Understand your cashflow It might seem obvious, but very few people know their net financial position at the end of each month.
And you won’t know what to change if you don’t know what’s wrong. There are three things every person needs to know to ensure they’re financially “on track” – what you earn, what you owe and what you save. An easy way to calculate this is to subtract your monthly spend from your after-tax income. The result will be your net financial position. If you’re breaking even, you aren’t saving anything. And if your number is in the negatives, you’re spending more than you can afford.
3. Grow your savings bucket
Now that you understand your financial position, it’s time to grow your savings each month to at least 20 per cent of your after-tax income. It might seem impossible at first, but becoming a saver is simply about changing your habits. The easiest way to start saving is by structuring your bank accounts appropriately. Set up automatic transfers that move 20 per cent of your salary into your savings each pay day, then establish a discretionary account with a certain amount transferred into it each week. This account will be what you have to spend on discretionary items each week, limiting the amount you spend while still giving you the freedom to spend it on what you want. APRIL/MAY 2019
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Puzzles
CROSSWORD
C I F N W O T Y K N U F W
N N Y Q E N D C B E M A S
A G K N E L O O L H F M W
S L D L I M L B R F D I E
I I A I E A U I L E L L E
U T M D V O R E V S I Y T
N K Y O R A S B W E W M U
E J E T N S D G N I S M Y
SOLUTIONS:
S L D L I M L B R F D I E
I I A I E A U I L E L L E
U T M D V O R E V S I Y T
N K Y O R A S B W E W M U
E J E T N S D G N I S M Y
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A G K N E L O O L H F M W
TRIO TROUBLE WAFFLES WILD
N N Y Q E N D C B E M A S
NUISANCE SEVILLE SIMON SING SONGS STAR
C I F N W O T Y K N U F W
CHIPMUNK COMEDY DAVID FAMILY FUN FUNKY TOWN
E M U Q E O A L V I N N M
R R N H I S G N O S H W U
A A T R C H I P M U N K S
T H T R G N I V O L T H I
E M U Q E O A L V I N N M
SWEET TALENT THEODORE
S C G R G U I T A R W J C
R R N H I S G N O S H W U
GUITAR LOVING MUSIC
Find all the words listed hidden in the grid of letters. They can be found in straight lines up, down, forwards, backwards or even diagonally. Theme: ALVIN AND THE CHIPMUNKS
A A T R C H I P M U N K S
ALVIN BRAINY CHARMING
WORD SEARCH
T H T R G N I V O L T H I
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DOWN 1. Chattering 2. Slicer 3. Miniature (plant) 4. Risked 5. Shades of gold 6. Striking with foot 12. Haul with effort 15. Ashamed 16. Forsake 17. Broke out suddenly 19. Outcome 20. Lay cosily 22. Modify 23. Gangway
S C G R G U I T A R W J C
ACROSS 1. Pulled 5. Ox harness 7. Make on loom 8. NZ bird 9. Delicate fabric 10. Nonconformist 11. Alone, by ... 13. Central US state 14. Car shed 18. Blueprint 21. Molten rock 22. Sayings 24. Himalayan republic 25. Wearing footwear 26. Travel by yacht 27. Overly fat 28. Garden of Creation 29. Ponged
beyond anxiety
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