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Tasmanian Business Reporter April 2019

Welcome to the April edition of the Tasmanian Business Reporter.   This month you will read about the State Government's 30-year infrastructure plan released as part of Premier Will Hodgman's State of the State address, which promises to ensure sustainable and sensible development in Tasmania and has been welcomed by the state's business community.   You'll also find details about the important role the Tasmanian Gas Pipeline plays in ensuring the state's energy security, a successful Government trade mission to Japan and one of Tasmania's premier historic properties opening its doors for business.

Welcome to the April edition of the Tasmanian Business Reporter.
 
This month you will read about the State Government's 30-year infrastructure plan released as part of Premier Will Hodgman's State of the State address, which promises to ensure sustainable and sensible development in Tasmania and has been welcomed by the state's business community.
 
You'll also find details about the important role the Tasmanian Gas Pipeline plays in ensuring the state's energy security, a successful Government trade mission to Japan and one of Tasmania's premier historic properties opening its doors for business.

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APRIL <strong>2019</strong><br />

T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

Long-term vision<br />

Long term plan: Major roadworks<br />

proceed on the $500 million<br />

Midland Highway upgrade project.<br />

<strong>Business</strong> on board<br />

with future strategy<br />

By TOM O’MEARA<br />

A 30-year infrastructure plan to<br />

ensure sustainable and sensible development<br />

in Tasmania, released<br />

as part of Premier Will Hodgman’s<br />

State of the State address, has been<br />

welcomed by business.<br />

The <strong>Tasmanian</strong> Chamber of<br />

Commerce and Industry has applauded<br />

the strategy, which is designed<br />

to look beyond the horizon<br />

to predict what the state could look<br />

like based on current and expected<br />

future trends.<br />

It will provide a guide to future<br />

infrastructure needs, essential for<br />

forward planning for both public<br />

and private investment.<br />

<strong>Business</strong> has been calling for<br />

such an initiative for a number of<br />

years and comes on the back of the<br />

State Government’s 10-year infrastructure<br />

pipeline.<br />

Both initiatives are designed to<br />

overcome the inevitable bottlenecks<br />

that occur when planning<br />

large scale infrastructure development.<br />

Too many times Tasmania has<br />

seen unnecessary delays in significant<br />

projects due to a lack of<br />

foresight from successive governments.<br />

This leaves the state with a<br />

screaming need, but an inability to<br />

respond quickly enough to get various<br />

project off the ground.<br />

These unnecessary delays hamper<br />

economic growth and also hamper<br />

the construction sector, which<br />

is required to scale their businesses<br />

up or down at short notice.<br />

By creating this blueprint, Tasmania<br />

can have a clear understanding<br />

of what the priority issues are<br />

from an infrastructure point of<br />

view and then scale up each project<br />

as it suits the priorities of various<br />

governments as they come and go.<br />

In addition, it will mean that the<br />

COOKING WITH GAS - PAGES 8&9<br />

economy can continue to grow by<br />

ensuring the time between the announcement<br />

of a project and its actual<br />

commencement are reduced.<br />

A classic example has been the<br />

road contractors who, in the past,<br />

haven’t been able to secure medium<br />

to long term contracts – which<br />

results in uncertainty for the workforce.<br />

In the last decade, there has been<br />

evidence of road contractors who<br />

have taken interstate contracts because<br />

of the uncertain opportunities<br />

in Tasmania.<br />

Some went as far as the Northern<br />

Territory, not to make a profit but to<br />

keep <strong>Tasmanian</strong>s in the workforce.<br />

Now the State and Federal Governments<br />

are delivering massive<br />

investment in roads across Tasmania<br />

– including the Bass Highway<br />

and Midland Highway as well as<br />

a number of roads dominated by<br />

tourists.<br />

Continued page 2<br />

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T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

2 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

NEWS<br />

On the road to renewables<br />

Exclusive<br />

pokie deal<br />

to wind up<br />

DELIVERIES of turbine<br />

components are under way as<br />

the $300 million Goldwind<br />

Cattle Hill Wind Farm starts<br />

to take shape.<br />

A $10 million road has<br />

been built into the Central<br />

A gigantic turbine component is transported through northern Tasmania.<br />

Highlands site to allow for<br />

the transport of 528 loads of<br />

components between now<br />

and August<br />

The loads will travel from<br />

the Port of Bell Bay through<br />

Launceston, Campbell<br />

Town, Melton Mowbray and<br />

Bothwell to the project site.<br />

Given the size and<br />

scale of items being<br />

transported, all loads will<br />

be accompanied by pilot<br />

vehicles and in some cases<br />

police escorts.<br />

Cattle Hill Wind Farm<br />

is expected to be fully<br />

operational in late <strong>2019</strong> and<br />

will produce clean energy<br />

to power about 63,500<br />

<strong>Tasmanian</strong> homes.<br />

THE State Government has<br />

released its policy for gaming<br />

post the expiry of a monopoly<br />

deal with Federal Group in<br />

2023.<br />

The contentious issue was a<br />

key policy differential between<br />

Liberal and Labor at the last<br />

election - with Labor recently<br />

dumping its policy to ban machines<br />

from pubs and clubs.<br />

Treasurer Peter Gutwein<br />

said its new policy would facilitate<br />

a sustainable industry,<br />

supported freedom of choice,<br />

minimised harm and backed<br />

the future of jobs in the industry.<br />

“The Government has recently<br />

written to Federal Group<br />

to advise them of our intention<br />

to end the current exclusivity<br />

arrangements through the<br />

legislation that will be tabled<br />

early next year to give effect<br />

to our policy and put in place a<br />

new framework from June 30,<br />

2023,” Mr Gutwein said.<br />

“By ending the current arrangements<br />

through legislation,<br />

rather than by notice under<br />

the Deed, we will ensure<br />

that the industry has the certainty<br />

to continue to invest and<br />

employ until the new gaming<br />

framework is in place for the<br />

industry post 2023.”<br />

A Future Gaming project<br />

team was established last year<br />

and is completing a financial<br />

analysis of the current industry<br />

including the impact of various<br />

tax and licence settings on industry<br />

participants.<br />

“This work is complex and<br />

ongoing,” Mr Gutwein said.<br />

“The Government will<br />

shortly be engaging with relevant<br />

stakeholders as we deliver<br />

our commitment.”<br />

T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

e dition<br />

<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> can now be delivered directly to your inbox. With our 30,000-strong monthly print<br />

readership, our new up-to-date digital distribution will keep <strong>Tasmanian</strong>s abreast of the all latest in local business<br />

news. From this month we will distribute electronic editions of the <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> as we go to print.<br />

To confirm your copy sign up to our mailing list via<br />

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T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

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Circulation: 12,000<br />

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<strong>Business</strong> backs future plan<br />

From page 1<br />

The state is now fiveyears<br />

into the 10-year<br />

$500 million Midland<br />

Highway upgrade project<br />

with 13 elements costing<br />

$130 million.<br />

This means there is<br />

continued major works<br />

of $370 million and jobs<br />

for hundreds of road<br />

workers and subcontractors.<br />

A welcomed approach<br />

of the State of State is<br />

the focus on ensuring<br />

the growth of Tasmania’s<br />

economy is shared across<br />

the state – delivering a<br />

better quality of life for<br />

all <strong>Tasmanian</strong>s.<br />

WANTED<br />

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movers and<br />

shakers<br />

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• Celebrating<br />

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business<br />

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Send your news<br />

snippets, with a<br />

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to TBReditorial@<br />

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Premier Will Hodgman<br />

– regional focus.<br />

“We must find ways to<br />

ensure all <strong>Tasmanian</strong>s are<br />

feeling the benefits of a<br />

strong economy and that<br />

no one is left behind,” Mr<br />

Hodgman said.<br />

“We need to keep our<br />

regions strong and our<br />

regional communities<br />

growing.<br />

“We must continue to<br />

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training and the opportunity<br />

of a good job.<br />

“Our Jobs Action<br />

Plan partnership with<br />

the TCCI and TasCOSS,<br />

that identifies barriers to<br />

participation and how<br />

to remove them through<br />

improve access to public<br />

transport, is an existing<br />

example of this approach.”<br />

TCCI CEO Michael<br />

Bailey said he was impressed<br />

by the long-term<br />

strategies.<br />

“The frustration of<br />

business has been Government’s<br />

inability to<br />

make long-term investment<br />

in Tasmania,” Mr<br />

Bailey said.<br />

“Too often decisions<br />

are made on political decisions<br />

simply to ensure<br />

they retain government<br />

at the next election.<br />

“Now we are seeing<br />

examples through State<br />

and Federal Governments<br />

pushing projects<br />

over decades which will<br />

overcome the bumps in<br />

Tasmania’s economy and<br />

the sustainability of the<br />

workforce.<br />

“Confidence is strong<br />

in Tasmania and will<br />

remain that way if we<br />

continue these long term<br />

strategies,” he said.


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 3<br />

NEWS<br />

Mild season, sunshine<br />

smile on Tassie wines<br />

ANOTHER year of strong<br />

yields is anticipated for<br />

Tasmania’s ever growing<br />

wine industry, which is<br />

now worth more than $115<br />

million to the economy<br />

annually.<br />

Harvest is under way<br />

and Wine Tasmania CEO<br />

Sheralee Davies said all<br />

indications were promising.<br />

“We’re receiving lots<br />

of positive reports of very<br />

high quality from wine<br />

producers,” she said.<br />

“Overall yields are<br />

expected to be generally<br />

in line with the past three<br />

vintages, which would<br />

be an unprecedented four<br />

consecutive years of strong<br />

yields for Tasmania.”<br />

Josef Chromy Wines<br />

general manager and chief<br />

winemaker Jeremy Dineen<br />

said a warmer than average<br />

summer and “beautiful<br />

weather” at flowering had<br />

supported solid yields.<br />

“A warm and mostly dry<br />

January, with a couple of<br />

good rain events, has set us<br />

up for a fantastic and early<br />

start to the sparkling wine<br />

harvest.<br />

“This is possibly some of<br />

the best sparkling fruit I’ve<br />

seen since 2013,” he said.<br />

Bush fires experienced in<br />

the south west have created<br />

some worry for grape<br />

growers.<br />

“But an anticipated 95<br />

per cent of Tasmania’s<br />

vineyard area has thankfully<br />

experienced no direct smoke<br />

impacts based on advanced<br />

scientific analyses undertaken<br />

to date,” Ms Davis said.<br />

Tasmania’s average annual<br />

production of wine is about<br />

887,000 dozen – or 10.6<br />

million bottles.<br />

Last year’s record vintage<br />

produced about 1.17million<br />

dozen - or 14 million bottles.<br />

There are 160 licensed<br />

wine producers and about<br />

250 vineyards in the state.<br />

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Women’s<br />

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Spicer will headline a<br />

new initiative to support<br />

female leadership in remote<br />

and rural centres.<br />

The Australian Women’s<br />

Leadership Forum,<br />

presented by Women<br />

& Leadership Australia<br />

will be held on <strong>April</strong> 5 at<br />

the Hotel Grand Chancellor<br />

in Launceston.<br />

The forum will focus<br />

on being a mindful and<br />

resilient leader, building<br />

careers, changing connections<br />

and networking<br />

strategically.<br />

It will also encourage<br />

attendees to be brave,<br />

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Tickets available at<br />

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Japan<br />

trade<br />

boost<br />

THE relationship with Tasmania’s<br />

second largest export<br />

market has been boosted with<br />

a successful trade mission to<br />

Japan.<br />

Agriculture, food and forestry<br />

were key themes discussed<br />

during the mission.<br />

A new Memorandum of Understanding<br />

between the <strong>Tasmanian</strong><br />

Government and Japan<br />

Agriculture Biei has been<br />

signed to pursue research and<br />

field trials into Japanese vegetable<br />

crops growing in Tasmania.<br />

Premier<br />

Will Hodgman<br />

also met<br />

the Japanese<br />

Minister for<br />

Agriculture,<br />

Fisheries<br />

and Forestry<br />

to promote<br />

Tasmania’s<br />

premium<br />

produce and<br />

market access<br />

priorities to<br />

make it easier<br />

for <strong>Tasmanian</strong> businesses to<br />

export to Japan.<br />

<strong>Tasmanian</strong> producers took<br />

centre stage at FOODEX,<br />

Asia’s largest exhibition of<br />

food and drink products.<br />

Japanese wine industry<br />

leaders were also informed<br />

about premium wines at the<br />

<strong>Tasmanian</strong> Wine Masterclass.<br />

Japan’s National Institute<br />

of Polar Research has been<br />

briefed on the potential for establishing<br />

an office in Hobart,<br />

and enhancing Antarctic and<br />

southern ocean research exchange.<br />

Round-tables<br />

focussing<br />

on Tasmania’s primary industries,<br />

forestry and mining<br />

were also held to promote<br />

opportunities for investment,<br />

and to promote our high quality<br />

products for markets in Japan.<br />

Tasmania exported $3.74<br />

billion in goods last year, with<br />

more than 80 per cent sent to<br />

Asian markets.<br />

Japan is now the state’s second<br />

largest export market.<br />

“It is vital that we maintain<br />

and enhance our connections<br />

Premier Will Hodgman talks up Tassie<br />

produce in Japan.<br />

with this key market,” Mr<br />

Hodgman said.<br />

“The <strong>Tasmanian</strong> Government<br />

is committed to positioning<br />

our local industries to<br />

be globally competitive, helping<br />

our businesses expand<br />

their presence in markets<br />

around the world and attract<br />

more investment to create<br />

more local jobs.<br />

“We will do this through<br />

our recently released Trade<br />

Strategy, that outlines key actions<br />

to be undertaken as we<br />

work to grow our state’s exports<br />

to $15 billion per year<br />

by 2050.”<br />

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T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

4 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

THOUGHT LEADERSHIP<br />

Long-term plans<br />

impressive move<br />

THE <strong>Tasmanian</strong> media<br />

has been full of details<br />

on City Deals in the north<br />

and south of our island for<br />

the past year or more.<br />

Obviously, with the<br />

Federal election looming,<br />

both sides of politics<br />

are keen to impress voters<br />

with their long-term<br />

plans for Greater Hobart,<br />

as well as Launceston,<br />

Devonport and the rest of<br />

the North West Coast.<br />

What impresses the<br />

TCCI is the long-term nature<br />

of the strategies, with<br />

Federal funding stepped<br />

out over the coming decade.<br />

At the very least, this<br />

gives statewide business<br />

certainty to invest in<br />

equipment and people.<br />

One could argue that<br />

the Hobart City Deal<br />

omitted several development<br />

opportunities, including<br />

the University<br />

of Tasmania’s proposed<br />

STEM Hub and the overall<br />

Macquarie Point project.<br />

Perhaps one of the key<br />

aspects to the City Deals<br />

announced in Hobart,<br />

Launceston and Devonport<br />

is that they bring<br />

together the three levels<br />

of government, making<br />

them work together.<br />

The other major development<br />

is what UTAS has<br />

ultimately planned for<br />

Hobart, Launceston and<br />

Burnie.<br />

There is no doubt that<br />

the Launceston City Deal<br />

will transform the city.<br />

The social impact of<br />

having smart, young people<br />

en masse in the CBD<br />

will be transformative.<br />

Devonport’s Living<br />

City program, although<br />

not a City Deal like Hobart<br />

and Launceston, is<br />

a great example of strategic<br />

work by both State<br />

Devonport growth is a great example of strategic planning.<br />

Michael<br />

Bailey<br />

TCCI Chief Executive<br />

and Local Government to<br />

achieve an outcome for<br />

the city that would not<br />

be possible for the city<br />

alone.<br />

Devonport’s Living<br />

City will transform<br />

the North-West centre<br />

through the creation of<br />

new retail, business and<br />

waterfront precincts focused<br />

on highlighting<br />

tourism, arts, food and<br />

services.<br />

The Living City will<br />

benefit the entire North<br />

West and is estimated to<br />

generate $250 million in<br />

construction investment<br />

over the next decade and<br />

provide up to 830 on-going<br />

jobs.<br />

The Devonport City<br />

Council has officially<br />

opened Stage 1, a $71.1<br />

million investment in<br />

Devonport, incorporating<br />

the impressive new<br />

multi-purpose civic building,<br />

the Paranaple Centre,<br />

home to a state-of-theart<br />

Library, integrated<br />

customer service centre,<br />

Devonport Online, Council<br />

offices and an 800-seat<br />

conference centre.<br />

The Hobart City Deal<br />

is a 10-year vision between<br />

the Australian and<br />

<strong>Tasmanian</strong> Governments<br />

and the Clarence, Glenorchy,<br />

Hobart and Kingborough<br />

councils.<br />

The Deal focuses on<br />

enhancing Hobart Airport’s<br />

role as a direct<br />

international gateway,<br />

solidifying the city’s<br />

world class standing as a<br />

gateway to the Antarctic<br />

and Southern Ocean and<br />

establishing a reliable,<br />

sustainable and cost effective<br />

transport system.<br />

In Launceston, the Australian<br />

and <strong>Tasmanian</strong><br />

Governments and City of<br />

Launceston are cooperating<br />

to deliver integrated<br />

investment and practical<br />

actions that build on<br />

Launceston’s strengths<br />

and tackle key challenges.<br />

This five-year plan will<br />

maximise Launceston’s<br />

potential by focusing on<br />

jobs and skills growth,<br />

business, industry and<br />

population growth and<br />

innovation and industry<br />

engagement.<br />

As well, its other key<br />

focus is a healthy Tamar<br />

Estuary, which has eluded<br />

successive State and local<br />

governments for decades.<br />

The City Deals, coupled<br />

with the university’s<br />

urbanisation in Hobart,<br />

Launceston and Burnie<br />

will change the face of<br />

the state.<br />

They are not the silver<br />

bullet to all of our issues,<br />

but they are committing<br />

current and future Federal<br />

and State Governments to<br />

long-term investment in<br />

Tasmania.<br />

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Indonesia agreement<br />

opens market access<br />

Sally<br />

Chandler<br />

Tradestart Adviser<br />

AFTER many rounds of<br />

negotiations which started in<br />

March 2013, the Indonesia-<br />

Australia Comprehensive Economic<br />

Partnership Agreement (IA-CEPA)<br />

was signed in Jakarta by Trade<br />

Tourism and Investment Minister<br />

Senator Simon Birmingham on<br />

March 4.<br />

The agreement will now<br />

go through each country’s<br />

administrative process before<br />

coming into force.<br />

For Australia, this includes<br />

tabling the text of the agreement<br />

in parliament and an inquiry by<br />

the Joint Standing Committee on<br />

Treaties.<br />

As both countries have an<br />

election imminent – for Indonesia<br />

an election in <strong>April</strong> and for Australia<br />

an election in May – there may be<br />

some delay in implementation or<br />

even changes to the Agreement.<br />

The IA-CEPA builds on<br />

commitments under the free trade<br />

agreement both Australia and<br />

Indonesia currently are members<br />

of, the ASEAN Australia-New<br />

Zealand Free Trade Agreement<br />

(AANZFTA).<br />

As the agreement now reads,<br />

more than 99 per cent of Australian<br />

Trade<br />

Minister<br />

Simon<br />

Birmingham<br />

with<br />

Indonesian<br />

Minister for<br />

Trade H.E<br />

Enggartiasto<br />

Lukita, in<br />

Jakarta,<br />

Indonesia.<br />

goods by value will enter Indonesia<br />

free of duty or under significantly<br />

improved preferential arrangements<br />

by 2020.<br />

Gaining import permits to export<br />

to Indonesia has been a significant<br />

issue in the past and under the IA-<br />

CEPA, Indonesia will guarantee<br />

automatic issuance of import<br />

permits for live cattle, frozen beef,<br />

sheep meat, some grain, citrus,<br />

carrots and potatoes.<br />

Outcomes on trade in services<br />

and investment will see improved<br />

market access and increased<br />

certainty with the implementation of<br />

high quality modern rules, including<br />

on digital trade.<br />

Significant services and<br />

investment outcomes include work<br />

training, university education,<br />

mining and related services,<br />

hospitals and in-hospital care, aged<br />

care services, telecommunications,<br />

tourism, professional services,<br />

construction services, energy,<br />

wastewater management, and,<br />

transport.<br />

On entry into force, Australia will<br />

immediately eliminate all remaining<br />

tariffs on imports from Indonesia,<br />

which builds on commitments made<br />

under the AANZFTA.<br />

For international trade and investment assistance contact the TCCI’s<br />

TradeStart Adviser, Sally Chandler, at sally.chandler@tcci.com.au or<br />

phone 1300 559 122.<br />

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<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 5<br />

THOUGHT LEADERSHIP<br />

www.tcci.com.au<br />

Gender balance a community issue<br />

THERE is no doubt that<br />

Tasmania, the nation, and<br />

the world is undergoing<br />

a distinct and positive<br />

change when it comes to<br />

the status of women.<br />

While we have come a<br />

long way, it’s true to say<br />

that gender inequality<br />

unfortunately still persists<br />

and there is more<br />

work to be done.<br />

Friday March 8 was<br />

International Women’s<br />

Day – the theme this year<br />

was #BalanceforBetter,<br />

focusing on what we can<br />

all do to promote a gender-balanced<br />

world.<br />

Gender balance isn’t<br />

just a women’s issue –<br />

it is a community issue,<br />

a business issue, and an<br />

Jacquie<br />

Petrusma<br />

Minister for Women<br />

educational issue.<br />

As Minister for Women<br />

and a working mother<br />

and grandmother, I know<br />

and have experienced the<br />

difficulties that women<br />

can face in the workplace.<br />

The pressure to find the<br />

perfect balance between<br />

work and family, understanding<br />

the financial implications<br />

of taking time<br />

out of the workplace as a<br />

carer and navigating the<br />

gender pay gap between<br />

men and women.<br />

Last year, I was delighted<br />

to release the <strong>Tasmanian</strong><br />

Women’s Strategy<br />

2018-2021, which<br />

sets a clear direction for<br />

ongoing action towards<br />

achieving gender equality<br />

in Tasmania, and<br />

builds on initiatives that<br />

recognise the strength<br />

and resilience of women,<br />

girls, men and boys in<br />

advancing gender equality.<br />

We believe that to truly<br />

achieve gender equality,<br />

we need to lead by example.<br />

We want to develop<br />

more women leaders in<br />

our state, and through the<br />

Hodgman Government’s<br />

Women on Boards Strategy<br />

and the Gender Diversity<br />

in the <strong>Tasmanian</strong><br />

We believe that to truly achieve<br />

gender equality, we need to<br />

lead by example.<br />

State Service initiative,<br />

we are working towards<br />

a target of 50 per cent<br />

female representation<br />

on <strong>Tasmanian</strong> boards<br />

and committees and 40<br />

per cent representation<br />

of women in senior executive<br />

roles in the <strong>Tasmanian</strong><br />

State Service by<br />

2020.<br />

Since the Strategy’s<br />

release in 2015, Tasmania<br />

has had the highest<br />

growth in female representation<br />

on government<br />

boards and committees<br />

in the nation, increasing<br />

from 33.8 to 44.23<br />

per cent – an increase of<br />

10.43 per cent, while the<br />

number of female senior<br />

state executives is now<br />

above 39 per cent – a<br />

huge increase of 10 per<br />

cent since we formed<br />

Government.<br />

In other areas we are<br />

also making great strides<br />

- in the past three years,<br />

the gender pay gap has<br />

reduced by almost five<br />

per cent and is the lowest<br />

in the nation at 9.7 per<br />

cent.<br />

But men still take home<br />

on average $137.40 more<br />

per week than <strong>Tasmanian</strong><br />

women, so we are committed<br />

to continuing to<br />

reduce this gap.<br />

As the Workplace<br />

Gender Equality Agency<br />

points out, achieving gender<br />

equality is important<br />

for workplaces not only<br />

because it is fair and the<br />

right thing to do, but because<br />

it is also linked to<br />

a country’s overall economic<br />

performance.<br />

Additional charges add up<br />

Brett<br />

Charlton<br />

Agility Logistics<br />

I REALLY don’t like<br />

writing articles that paint<br />

pictures of negativity –<br />

by nature I am always<br />

looking for the positive<br />

side of things.<br />

But from time to time,<br />

while confronting, it is<br />

important that we take<br />

stock of our surroundings<br />

and consider what challenges<br />

there are in front<br />

of us with the view to be<br />

prepared and aware.<br />

I have just received a<br />

notice from a large shipping<br />

line stating that they<br />

are increasing their documentation<br />

charge for using<br />

their services.<br />

This charge has gone<br />

up $20 for exporters and<br />

$10 for importers per bill<br />

of lading.<br />

There is no commentary<br />

as to why this charge<br />

has increased, just a notice<br />

that says this is what<br />

it will be from a certain<br />

date.<br />

Another line is suspending<br />

one of its services<br />

from China due to<br />

reduced incoming trade<br />

effective in one week.<br />

We should be expect-<br />

ing rolling strikes from<br />

the MUA against DP<br />

World as we go to print<br />

due to a breakdown in<br />

Shipping costs are creeping ever upwards.<br />

enterprise agreement negotiations.<br />

New air security<br />

screening has seen additional<br />

costs and procedures.<br />

I recently observed<br />

and fronted a senate en-<br />

quiry into coastal shipping<br />

– the overwhelming<br />

narrative was that<br />

shippers are constantly<br />

getting hammered by<br />

additional costs and procedures<br />

– bio security issues<br />

and proposed levy<br />

increases, infrastructure<br />

surcharges (this is a particular<br />

depressing one –<br />

an increase from $3.60<br />

per container to $85.30<br />

per container from 2017<br />

to current).<br />

Low sulphur surcharges<br />

are coming in around<br />

Q4 for all shippers (current<br />

estimates are around<br />

US$260.00 per TEU increase<br />

on inbound and<br />

outbound containers.)<br />

There will be a tightening<br />

on demurrage and<br />

detention charges with<br />

increases on penalties on<br />

late returns and a pending<br />

general rate increase<br />

of US$300.00 per TEU<br />

from <strong>April</strong> 1 ex China,<br />

Hong Kong, Korea and<br />

Taiwan to Australian<br />

ports.<br />

My point here is that<br />

we have great news with<br />

free trade agreements,<br />

additional capacity (especially<br />

across Bass<br />

Strait), excellent trade<br />

missions with great outcomes<br />

and confident exporters<br />

seeking new markets<br />

regularly – but for<br />

some reason (some are<br />

good reasons of course),<br />

there seems to be a constant<br />

barrage of “you<br />

must pay this on top of<br />

what you currently pay”<br />

as the narrative at the<br />

moment – at some point<br />

the additional charges all<br />

add up and the desire to<br />

trade may diminish.<br />

Steps to improve our health system<br />

WITH the Federal election<br />

looming, and health<br />

likely to be a major<br />

talking point, it’s vital to<br />

reinforce the importance<br />

of a sustainable and affordable<br />

private health<br />

insurance sector as an essential<br />

part of Australia’s<br />

health system.<br />

More than 13 million<br />

Australians rely on private<br />

health insurance,<br />

and close to two thirds of<br />

elective surgery in Australia<br />

is funded through<br />

private health insurance,<br />

lifting a significant burden<br />

off the public health<br />

system.<br />

In any conversation<br />

about health, you cannot<br />

ignore the fact the Private<br />

Health Insurance Rebate<br />

helps to keep premiums<br />

affordable, encourages<br />

Australians to take out<br />

private health cover, and<br />

Paul<br />

Lupo<br />

CEO, StLukesHealth<br />

importantly, eases pressure<br />

on the public health<br />

system.<br />

But that doesn’t mean<br />

the system is perfect;<br />

there are always things<br />

we can do to make it better.<br />

Recently, the Mercury<br />

published an opinion<br />

piece by Martyn Goddard,<br />

titled “Shock of<br />

two waiting lists: putting<br />

our public patients last”.<br />

In that piece, Mr Goddard<br />

argued that too<br />

many patients are being<br />

treated in our public hospital<br />

system as “private<br />

patients”. It might surprise<br />

people, but I agree.<br />

There will always be<br />

some private patients<br />

needing treatment in a<br />

public hospital; however,<br />

the practice of the public<br />

system chasing patients<br />

to use their health insurance<br />

to assist in balancing<br />

their own budgets is<br />

not always in the best interests<br />

of the patient, or<br />

indeed the health system.<br />

Sometimes, privately<br />

insured patients can be<br />

charged out-of-pocket<br />

expenses in the public<br />

system when they are<br />

Cover is a health essential.<br />

already covered under<br />

Medicare as a public patient<br />

for that admission,<br />

effectively paying twice.<br />

It’s also important to<br />

remember that everyone<br />

is entitled to treatment<br />

in our public health system,<br />

whether they have<br />

private health insurance<br />

or not.<br />

Reducing this cost<br />

shifting is just one step<br />

in ensuring we have an<br />

accessible and affordable<br />

health care system; and<br />

it is something private<br />

health insurers are advocating<br />

for ahead of this<br />

year’s Federal election.<br />

Also on this election<br />

wish list is the need to<br />

further reform prostheses<br />

costs to ensure equal<br />

treatment of patients and<br />

stopping the unnecessary<br />

costs.<br />

Although there has<br />

been some progress<br />

made by the Australian<br />

Government to reduce<br />

the inflated prostheses<br />

cost, current regulations<br />

force health funds to pay<br />

benefits for medical devices<br />

which are two to<br />

five times higher than<br />

the price charged to public<br />

hospitals for the same<br />

device.<br />

This is of importance<br />

to our ageing <strong>Tasmanian</strong>s<br />

with private health<br />

insurance.<br />

Private health insurers<br />

have committed to passing<br />

on, through lower<br />

premiums, every dollar<br />

that is saved through reform<br />

in this space.<br />

The Medicare Benefits<br />

Schedule is immensely<br />

valuable to Australians<br />

but it is also incredibly<br />

expensive.<br />

Last year patients accessed<br />

about 155 million<br />

GP services, costing the<br />

taxpayer $7.8 billion.<br />

The Australian Government<br />

has commissioned<br />

several expert<br />

panels to review each<br />

section of the MBS that<br />

have recommended a<br />

number of changes and<br />

some have already been<br />

implemented and we are<br />

urging the government to<br />

expedite the remainder<br />

so savings can be redirected<br />

to areas of need.<br />

Our world-class health<br />

system works best when<br />

the public and private<br />

systems work together<br />

and complement each<br />

other, minimising waste<br />

and maximising value<br />

for the community.


6 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

THOUGHT LEADERSHIP<br />

Banks value their<br />

broker partners<br />

WE value the relationship<br />

with our network<br />

of brokers and we value<br />

our customers and the<br />

trust that they continue to<br />

place in us.<br />

Banks have long suffered<br />

from bad reputations.<br />

With major catastrophic<br />

financial events<br />

a not-too-distant memory,<br />

it’s easy to understand<br />

why.<br />

We are now on the other<br />

side of a banking royal<br />

commission damning<br />

because we’ve seen how<br />

banks have been putting<br />

profits before people.<br />

In the first round of<br />

hearings, we heard reports<br />

of dodgy dealings,<br />

the existence of liar loans,<br />

and unscrupulous commissions<br />

in the mortgage<br />

broker space.<br />

For Australia’s banks,<br />

brokers are a key distribution<br />

channel for their<br />

home loan products.<br />

The latest Mortgage &<br />

Finance Association of<br />

Australia figures show<br />

59.1 per cent of residen-<br />

Paul<br />

Ranson<br />

CEO, Bank of us<br />

tial home loans were settled<br />

by the broker industry<br />

in the 2018 September<br />

quarter.<br />

It’s no wonder then,<br />

that broker commissions<br />

came under the scrutiny<br />

of the commission – with<br />

questions being raised<br />

such as: are broker commissions<br />

creating a conflict<br />

between customers’<br />

and brokers’ interests and<br />

leading to irresponsible<br />

lending?<br />

Yet, not all banks, and<br />

not all brokers, are created<br />

equal.<br />

When acted upon responsibly,<br />

the broker/<br />

customer/bank relationship<br />

can be a win for all<br />

involved.<br />

But from the outside,<br />

it can be hard to separate<br />

the responsible banks and<br />

brokers from those who<br />

are not.<br />

Is Bank of us any different<br />

from any other bank?<br />

Well, yes, we are. We are<br />

the only <strong>Tasmanian</strong> customer-owned<br />

bank.We<br />

exist for our customers.<br />

Brokers, too, are bound<br />

by regulation.<br />

Yet, even with these<br />

protections in place, misconduct<br />

has occurred.<br />

It’s not surprising then,<br />

that the final royal commission<br />

report recommended<br />

increasing the<br />

regulations that brokers,<br />

as providers of financial<br />

advice, are subject to.<br />

When a broker recommends<br />

a Bank of us home<br />

loan to a customer, it’s<br />

our responsibility to make<br />

sure it’s the right product<br />

for them.<br />

If it isn’t, we work with<br />

our brokers to find one<br />

that is. It’s a shared responsibility<br />

that we take<br />

very seriously.<br />

The final royal commission<br />

report recommended<br />

all commissions<br />

be removed and replaced<br />

with upfront fees paid by<br />

the borrower, rather than<br />

the bank.<br />

A month after the report’s<br />

release and in the<br />

lead up to an election,<br />

Treasurer Josh Frydenberg<br />

announced a change<br />

in the Government’s position<br />

on the future of broker<br />

commissions.<br />

Now brokers, operating<br />

under upfront and<br />

trail commission arrangements,<br />

will be left to operate<br />

as is, with a review to<br />

be held in 2022.<br />

We will continue to<br />

work with our broker<br />

partners to ensure the interests<br />

of their clients and<br />

our customers are always<br />

placed first.<br />

Abbey<br />

George<br />

Workplace Relations<br />

www.tcci.com.au<br />

Warning on warnings<br />

PERFORMANCE management of<br />

staff is important to ensure a business<br />

runs smoothly and client needs<br />

are met but also that both parties<br />

understand what is expected of each<br />

other.<br />

Part of this process is annual<br />

reviews and regular “check ins” as<br />

well as potentially issuing warnings<br />

where applicable.<br />

Warnings are an appropriate<br />

means to identify issues of<br />

underperformance or unsatisfactory<br />

behavior.<br />

Section 387 of the Fair Work<br />

Act 2009 states the criteria for<br />

considering harshness if an employee<br />

is terminated which includes at<br />

387(e): If the dismissal related to<br />

unsatisfactory performance by the<br />

person — whether the person had<br />

been warned about the unsatisfactory<br />

performance before the dismissal.<br />

Accordingly, if there is a dismissal<br />

and the employee makes a claim<br />

warnings will be integral.<br />

There is a common perception that<br />

prior to termination three warnings<br />

must given – not the case.<br />

What will be reasonable<br />

will depend on each particular<br />

circumstance and it is therefore<br />

crucial that you obtain advice when<br />

performance managing employees.<br />

There are different types of<br />

warnings that may be give, not<br />

limited to:<br />

• verbal; written; and final.<br />

But there are some aspects that are<br />

fundamental to include when issuing<br />

warnings and it is very important<br />

that you obtain advice and about the<br />

process and also the drafting of any<br />

documentation.<br />

Warnings should:<br />

• outline the issues and responses;<br />

• refer to any meetings as part of<br />

the process;<br />

• refer to any supporting<br />

documentation such as company<br />

policy and procedures;<br />

• outline the corrective action<br />

required;<br />

• state the intended action if there is<br />

no improvement; and<br />

• refer to types and dates or<br />

any previous warnings or other<br />

disciplinary action.<br />

Contact TCCI on the Helpline on 1300 765 123 or the TCCI on 1300<br />

59 122 or workplacerelations@tcci.com.au<br />

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* #1 Roy Morgan Customer Satisfaction Awards: Private Health Insurer of the Year – 2016, 2017 & 2018. St.LukesHealth ABN 81 009 479 618


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 7<br />

THOUGHT LEADERSHIP<br />

Tourism growth focus<br />

Rebecca<br />

White<br />

Labor Leader<br />

www.tcci.com.au<br />

Body stress<br />

hurts badly<br />

Craig<br />

Hortle<br />

Workplace Health & Safety<br />

TASMANIA’S tourism<br />

industry is a key driver of<br />

our economic prosperity.<br />

I was pleased to welcome<br />

the Federal Shadow<br />

Minister for Tourism<br />

and Infrastructure,<br />

Transport, Cities and<br />

Regional Development<br />

Anthony Albanese, to the<br />

state earlier this month.<br />

Mr Albanese and I took<br />

part in an event hosted<br />

by the Tourism Industry<br />

Council of Tasmania to<br />

discuss the infrastructure<br />

investment needed in our<br />

state to support the sector,<br />

the workforce and<br />

our community.<br />

As Shadow Minister<br />

for Tourism, I am committed<br />

to working with<br />

stakeholders across the<br />

tourism industry to create<br />

more full-time jobs<br />

and ensure that the reputation<br />

Tasmania has as<br />

a must-see destination is<br />

protected and enhanced.<br />

Labor’s Tourism, Hospitality,<br />

Festivals, Heritage<br />

and the Arts Industry<br />

Advisory Council,<br />

chaired by Daniel Leesong<br />

from the TICT, is<br />

doing just that by developing<br />

strong, enduring<br />

policy for our state.<br />

Together, we are focused<br />

on the long-term<br />

challenges and opportunities<br />

facing Tasmania’s<br />

tourism industry and<br />

workforce, including education<br />

and training.<br />

While he was in the<br />

state, Mr Albanese and<br />

I, along with Labor MPs<br />

and Senators met with<br />

Hobart’s four Mayors<br />

to discuss the Liberals’<br />

City Deal.<br />

Federal and <strong>Tasmanian</strong><br />

Labor are united<br />

in our commitment to<br />

ensuring southern Tasmania<br />

doesn’t keep<br />

missing out.<br />

Labor will continue<br />

Anthony Albanese and Rebecca White, centre, meet tourism industry<br />

representatives Rob Pennicott, left, Liz Frankham, Luke Martin, Mark<br />

Wilsdon, Daniel Leesong and Simon Currant.<br />

to work closely with<br />

councils, industry and<br />

the community to see<br />

Hobart’s potential fully<br />

realised.<br />

Mr Albanese assured<br />

mayors that Federal Labor<br />

will not only honour<br />

the elements of any<br />

City Deal in the budget<br />

but will build upon it<br />

under its City Partnerships<br />

program.<br />

This will involve better<br />

consultation with<br />

communities through<br />

local government and<br />

a long-term vision for<br />

Tasmania.<br />

It was meaningful<br />

and important to sit<br />

down with all three<br />

levels of Government<br />

and discuss how we<br />

can work together to<br />

achieve the best outcomes<br />

for our state and<br />

make sure that funding<br />

commitments are well<br />

targeted.<br />

ONE of the major contributors<br />

to serious workers<br />

compensation claims<br />

is body stressing - consistently<br />

about 40 percent<br />

of all claims.<br />

This raises the question<br />

how a workplace<br />

manages the hazard and<br />

risk of manual handling.<br />

Do we:<br />

• hope that it does not<br />

happen;<br />

• employ only people<br />

who look fit enough; or<br />

• manage the hazards<br />

and associated risk with<br />

a process that helps identify<br />

those areas of the<br />

business that may have<br />

this issue.<br />

Obviously, the best<br />

method of addressing<br />

this issue is to perform a<br />

hazard identification and<br />

risk assessment audit of<br />

manual handling activities<br />

in the business.<br />

• Access the code practice<br />

- how to manage<br />

work health and safety<br />

risks. This will help in<br />

identifying the hazards<br />

and risks in the workplace<br />

and provide an ongoing<br />

process.<br />

• Access the code practice<br />

- hazardous manual<br />

tasks. This will help in<br />

identifying the manual<br />

task hazards in the workplace,<br />

provide a risk assessment<br />

strategy and<br />

address some control<br />

measures.<br />

The WHS legislation<br />

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TASMANIAN GAS PIPELINE<br />

TASMANIAN GAS PIPELINE<br />

Community update: <strong>April</strong> <strong>2019</strong><br />

GAS: A CRITICAL ASSET FOR TASMANIAN ENERGY SECURITY<br />

The <strong>Tasmanian</strong> Gas Pipeline is proud to<br />

be playing its part in assisting the state<br />

The with <strong>Tasmanian</strong> its current Gas energy Pipeline needs. is proud<br />

to be playing its part in assisting the<br />

state Commissioned with its energy in 2002, needs. the <strong>Tasmanian</strong><br />

Gas Pipeline is the only pipeline<br />

Commissioned in 2002, the<br />

supplying natural gas to Tasmania.<br />

<strong>Tasmanian</strong> Gas Pipeline is the only<br />

pipeline supplying natural gas to<br />

Fifteen years on and the <strong>Tasmanian</strong><br />

Tasmania.<br />

Gas Pipeline is now an integral part of<br />

With Tasmania’s Tasmania’s economic hydro growth energy and an<br />

water alternative supplies energy dipping source. below the<br />

recommended Prudent Supply Level<br />

for During the first this period time since of supplying this measure gas to<br />

was<br />

Tasmania,<br />

introduced,<br />

we have<br />

the<br />

not<br />

pipeline<br />

experienced<br />

has<br />

a<br />

become even more vital in ensuring<br />

single lost time injury.<br />

the needs of <strong>Tasmanian</strong>s are met.<br />

We are committed to continuing to to<br />

work with industry, Government, government, the<br />

community and energy providers both<br />

both now and now into and the into future. the future.<br />

Lindsay Ward<br />

Lindsay Ward<br />

CEO<br />

CEO<br />

<strong>Tasmanian</strong> Gas Pipeline<br />

<strong>Tasmanian</strong> Gas Pipeline<br />

FIFTEEN YEARS OF DELIVERING NATURAL GAS<br />

THE PIPELINE SUPPLIES:<br />

THE TAMAR PIPELINE VALLEY POWER SUPPLIES:<br />

STATIONS<br />

TAMAR GRANGE VALLEY RESOURCES POWER IRON STATION ORE<br />

PROCESSING FACILITY<br />

GRANGE RESOURCES’ IRON ORE<br />

PROCESSING BELL BAY ALUMINIUM FACILITY ALUMINIUM SMELTER<br />

BELL BOC BAY LNG PROCESSING ALUMINIUM’S FACILITY ALUMINIUM<br />

SMELTER<br />

SIMPLOT FOOD PROCESSING PLANTS<br />

BOC’S LNG PROCESSING FACILITY<br />

CADBURY CHOCOLATE FACTORIES<br />

SIMPLOT’S FOOD PROCESSING PLANTS<br />

BOAGS AND CASCADE BREWERIES<br />

CADBURY’S CHOCOLATE FACTORIES<br />

NYRSTAR ZINC SMELTER<br />

BOAGS AND CASCADE BREWERIES<br />

ECKA GRANULES ALUMINIUM POWDER<br />

NYRSTAR’S ZINC SMELTER<br />

PRODUCTION PLANT<br />

ECKA GRANULES’ ALUMINIUM POWDER<br />

BHP TEMCO MANGANESE ALLOY<br />

PRODUCTION PLANT<br />

PRODUCTION PLANT<br />

BHP TEMCO’S MANGANESE ALLOY<br />

PRODUCTION LAUNCESTON PLANT GENERAL AND NORTH WEST<br />

REGIONAL HOSPITALS<br />

LAUNCESTON GENERAL AND NORTH WEST<br />

REGIONAL TAS ALKALOIDS HOSPITALS OPIUM POPPY PROCESSING PLANT<br />

TAS FONTERRA ALKALOIDS’ MILK POWDER, OPIUM POPPY CHEESE AND<br />

PROCESSING BUTTER MANUFACTURING PLANT PLANTS<br />

FONTERRA’S TAS GAS NETWORKS MILK POWDER, FACILITIES CHEESE IN: BELL BAY, AND<br />

BUTTER MANUFACTURING PLANTS, AND<br />

GEORGE TOWN, LAUNCESTON, LONGFORD (TAS),<br />

WESTBURY, BURNIE, HOBART, ULVERSTONE,<br />

TAS GAS NETWORKS FACILITIES IN: BELL BAY<br />

WYNYARD AND DEVONPORT<br />

& GEORGE TOWN, LAUNCESTON, LONGFORD<br />

(TAS), WESTBURY, BURNIE, HOBART,<br />

ULVERSTONE, WYNYARD AND DEVONPORT.<br />

QUICK FACTS<br />

QUICK The <strong>Tasmanian</strong> FACTS<br />

Gas Pipeline<br />

transports natural gas from Longford<br />

in Victoria, under Bass Strait, to Bell<br />

The <strong>Tasmanian</strong> Gas Pipeline<br />

Bay in Tasmania supplying gas to both<br />

transports natural gas from<br />

Longford industry in and Victoria, townships under in Bass the state.<br />

Strait, to Bell Bay in Tasmania<br />

supplying gas to both industry<br />

and<br />

The<br />

townships<br />

<strong>Tasmanian</strong><br />

in the<br />

Gas<br />

state.<br />

Pipeline (TGP) is<br />

part of a network of underground<br />

The high-pressure pipeline is a critical gas pipes, asset which for<br />

long-term stretches <strong>Tasmanian</strong> over 20,000km energy and serves<br />

security.<br />

all of Australia’s states and territories.<br />

The network brings jobs and<br />

The pipeline is part of a network<br />

of underground<br />

economic growth<br />

high-pressure<br />

to the communities<br />

gas it pipes, passes which through. stretches<br />

over 20,000km and serves<br />

all of Australia’s states and<br />

territories. The <strong>Tasmanian</strong> The network Gas Pipeline brings is<br />

jobs approximately and economic 740km growth long. to the<br />

communities it passes through.<br />

The pipeline transports gas<br />

The pipeline is approximately<br />

740km predominately long. from the<br />

Gippsland Basin.<br />

The pipeline transports gas<br />

predominately from the<br />

Gippsland<br />

Current<br />

Basin.<br />

capacity of 47 PJ/annum.<br />

(47 peta joules per annum – peta is<br />

Current a 1 with capacity 15 zeros of after 47 PJ/annum it.)<br />

(47 peta joules per annum – peta<br />

is a 1 with 15 zeros after it).<br />

The pipeline transports high pressure<br />

natural gas, up to 15,000kPa.<br />

The pipeline transports high<br />

pressure (Approximately natural gas 148 up times to normal<br />

15,000kPa. atmospheric (Approximately<br />

pressure.)<br />

148 times normal atmospheric<br />

pressure).<br />

Temperatures of the gas for operation<br />

Temperatures typically range of the between gas for 0°C and<br />

operation 50°C. Design typically temperature range limits<br />

between 0°C and 50°C. Design<br />

range between -30°C and 200°C.<br />

temperature limits range<br />

between -30°C and 200°C.


TASMANIAN GAS PIPELINE<br />

FOCUS ON BUSINESS<br />

Gas keeps<br />

Tassie lights on<br />

The <strong>Tasmanian</strong> Gas Pipeline is proud to<br />

be playing its part in assisting the state<br />

with its current energy needs.<br />

FIFTEEN YEARS OF DELIVERING NATURAL GAS<br />

THE PIPELINE SUPPLIES:<br />

TAMAR VALLEY POWER STATIONS<br />

Commissioned in 2002, the <strong>Tasmanian</strong><br />

GRANGE RESOURCES IRON ORE<br />

Gas Pipeline The <strong>Tasmanian</strong> is the only Gas pipeline Pipeline makes its way underground PROCESSING through FACILITY the north of the state.<br />

supplying natural gas to Tasmania.<br />

BELL BAY ALUMINIUM ALUMINIUM SMELTER<br />

QUICK FACTS<br />

The <strong>Tasmanian</strong> Gas Pipeline<br />

transports natural gas from Longford<br />

in Victoria, under Bass Strait, to Bell<br />

Bay in Tasmania supplying gas to both<br />

industry and townships in the state.<br />

The <strong>Tasmanian</strong> Gas Pipeline (TGP) is<br />

part of a network of underground<br />

high-pressure gas pipes, which<br />

stretches over 20,000km and serves<br />

all of Australia’s states and territories.<br />

Fifteen years on and the <strong>Tasmanian</strong><br />

The network brings jobs and<br />

WITH Hydro storage levels dropping below<br />

BOC LNG PROCESSING FACILITY<br />

recommended Gas minimums Pipeline across is now Tasmania an integral for part of<br />

Quick economic gas facts growth to the communities<br />

the first time Tasmania’s since the 2016 economic energy crisis, growth the and an<br />

it passes through.<br />

SIMPLOT FOOD PROCESSING<br />

<strong>Tasmanian</strong> Gas Pipeline (TGP) is again playing<br />

• The PLANTS pipeline is some 740 kilometres long and once in<br />

a vital role alternative in the state’s energy security. source.<br />

Tasmania transports gas to Bridgewater in the south and<br />

Tasmania experienced significantly lower than<br />

CADBURY CHOCOLATE FACTORIES Port Latta on the North West The Coast. <strong>Tasmanian</strong> Gas Pipeline is<br />

average rainfalls During in this January, period with some of supplying areas gas to<br />

having their driest January on record.<br />

• Over the last 15 years there approximately has not been 740km one long. single lost<br />

BOAGS AND CASCADE BREWERIES<br />

This dry Tasmania, spell has seen we water have levels not at the experienced a<br />

time injury.<br />

state’s hydro single generation lost time plants fall, injury. resulting<br />

in Tasmania’s overall energy reserves dipping<br />

NYRSTAR ZINC SMELTER • The <strong>Tasmanian</strong> Gas Pipeline The pipeline is part transports of a network gas of underground<br />

high-pressure gas pipes, predominately which from stretches the over 20,000<br />

below the Prudent Storage Level, a level set to<br />

ensure the We system’s are committed high reliability. to continuing to<br />

ECKA GRANULES ALUMINIUM kilometres.<br />

POWDER<br />

Gippsland Basin.<br />

Energy work storage with levels are industry, down 11 per Government, cent the<br />

PRODUCTION PLANT<br />

compared to the same time last year and to meet<br />

• A 2014 economic study found gas in Tasmania helps<br />

consumer community demand, Tasmania and is energy importing providers three both<br />

generate $1.7 billion in Gross State Product, $848 million in<br />

times as much now energy and into than it the is exporting future. across<br />

BHP TEMCO MANGANESE ALLOY<br />

Current capacity of 47 PJ/annum.<br />

household income and some 11,600 full time equivalent jobs.<br />

the Basslink Interconnector.<br />

PRODUCTION PLANT<br />

(47 peta joules per annum – peta is<br />

TGP Chief Executive Officer Lindsay Ward<br />

• The <strong>Tasmanian</strong> Gas Pipeline<br />

a 1 with<br />

has<br />

15 zeros<br />

an office<br />

after it.)<br />

in Launceston,<br />

said while falling below the Prudent Storage<br />

TGP CEO Lindsay ensuring a dedicated presence in the state.<br />

Level was not a reason for immediate panic,<br />

LAUNCESTON Ward GENERAL AND NORTH WEST<br />

it did highlight Lindsay the strategic Ward benefit of having<br />

REGIONAL HOSPITALS<br />

alternative base load energy sources in the state Pipeline had also made a significant positive An economic assessment of the benefits<br />

The pipeline<br />

territories.<br />

transports<br />

The pipeline<br />

high<br />

is<br />

pressure<br />

about 740 km long<br />

to ensure CEO energy security.<br />

impact to the local economy TAS through ALKALOIDS enabling OPIUM POPPY of TGP PROCESSING in 2014 highlighted PLANT the direct and natural gas, and transports up to 15,000kPa. gas predominantly from the<br />

“Tasmania <strong>Tasmanian</strong> relies on a multi-faceted Gas Pipeline energy <strong>Tasmanian</strong> businesses to be more competitive indirect contribution of the top 11 natural gas Gippsland Basin, with a current capacity of<br />

(Approximately 148 times normal<br />

supply structure to ensure a reliable system in Australian and Asian markets, while also users in Tasmania:<br />

47 peta joules per annum.<br />

which meets state demand,” Mr Ward said. giving households and small FONTERRA businesses MILK an POWDER, • $1.7 CHEESE billion AND in Gross State Product, or seven atmospheric In Tasmania, pressure.) the pipeline comes ashore<br />

“Gas is a significant contributor to this system, alternative energy source. BUTTER MANUFACTURING per PLANTS cent of the state’s total ($24.4 billion); at Five Mile Bluff, north of Bell Bay and<br />

and the <strong>Tasmanian</strong> Gas Pipeline is the only “By introducing gas to Tasmania, the state • $848 million in household income which continues further along the Tamar River to the<br />

natural gas supply pipeline connecting Tasmania gained further competition in the energy market represents six per cent of total estimated Temperatures Bell Bay of Meter the Station. gas for operation<br />

TAS GAS NETWORKS FACILITIES IN: BELL BAY,<br />

to the natural gas reserves on the mainland. and over the last 17 or so years of operation, household income ($13.9 billion); and<br />

At Bell Bay, the pressure is reduced and<br />

“The Tamar Valley Power Station (which is our dedicated workforce GEORGE have not experienced<br />

TOWN, LAUNCESTON, • 11,600 LONGFORD full time equivalent (TAS),<br />

typically range between 0°C and<br />

jobs,<br />

becomes the Southern Pipeline Extension,<br />

driven by natural gas delivered by the pipeline) a single lost time injury,” WESTBURY, Mr Ward said. BURNIE, HOBART, representing ULVERSTONE, six per cent of the estimated 50°C. Design which continues temperature south limits for about 210<br />

operated near full capacity in early <strong>2019</strong> to The top 20 business users WYNYARD of natural AND gas DEVONPORT employment for Tasmania (198,410). range between kilometres. -30°C and 200°C.<br />

support water levels and keep them above account for about 81 per cent of natural gas use The <strong>Tasmanian</strong> Gas Pipeline is part of a At Rosevale the Northern Pipeline<br />

Prudent Storage Levels.”<br />

Mr Ward said as well as the immeasurable<br />

energy security benefit, the <strong>Tasmanian</strong> Gas<br />

in Tasmania outside of the Tamar Valley Power<br />

station’s consumption, and the top 11 business<br />

users account for 75 per cent of this total usage.<br />

network of underground high-pressure gas<br />

pipes, which stretches over 20,000 kilometres<br />

and serves all of Australia’s states and<br />

Extension splits and continues west for<br />

181 kilometres to Port Latta in North West<br />

Tasmania.


10 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

FOCUS ON BUSINESS<br />

A special place for business and community to meet<br />

New role for majestic manor<br />

SITTING majestically alongside the<br />

banks of the South Esk River on the<br />

outskirts of Perth Village, Eskleigh<br />

Estate is familiar to many <strong>Tasmanian</strong>s.<br />

The Italianate mansion and surrounding<br />

English-style gardens have<br />

had many lives in their almost 200-<br />

year history, and this month marks a<br />

new era for the grand old lady of the<br />

Northern Midlands.<br />

For the first time, businesses and<br />

community groups can hire rooms<br />

within the historic house for meetings<br />

and events.<br />

“Eskleigh Estate is one of the premier<br />

historic properties in the Northern<br />

Midlands,” Eskleigh Foundation<br />

CEO Dale Luttrell said.<br />

“We want to let as many businesses<br />

and community groups as possible<br />

experience what it’s like to meet<br />

and work in such a grand and beautiful<br />

building.”<br />

Visitors can choose from five private<br />

rooms, all located in the main<br />

residence, capable of accommodating<br />

small groups up to 30 people.<br />

Each room is magnificently decorated<br />

in the style of a grand old<br />

country home featuring intricate<br />

paint work, marble fireplaces, high<br />

ceilings and large windows with<br />

views to the surrounding gardens<br />

and countryside.<br />

<strong>Business</strong>es and community groups can hire rooms in the grand old mansion for meetings and events.<br />

The rooms are named after significant<br />

pieces of Eskleigh history<br />

or are reflective of their location on<br />

the property with each having its<br />

own unique character.<br />

Guests can choose from either<br />

three ground floor rooms or two<br />

first floor rooms with access via the<br />

grand wood carved staircase or lift.<br />

Each room is equipped with audiovisual<br />

equipment, wireless internet,<br />

video conferencing and whiteboards<br />

ensuring everything needed<br />

for a successful meeting or event is<br />

available.<br />

Flexible table and seating configuration<br />

caters to individual needs<br />

and can be pre-booked in advance,<br />

allowing rooms to be setup in the<br />

most suitable way possible for an<br />

event.<br />

Larger groups can take advantage<br />

of multiple room bookings and activities<br />

can extend to the beautiful<br />

terrace and veranda area surrounding<br />

the front of the property, making<br />

Eskleigh Estate perfect for larger<br />

community events, product launches<br />

and corporate gatherings.<br />

The extensive English-style gardens<br />

surrounding the main house<br />

make this property exceptional and<br />

are available for guests to use, providing<br />

unlimited options to make<br />

meetings and events a truly unforgettable<br />

experience.<br />

Launceston city and Launceston<br />

Airport are only minutes away, but<br />

looking to the surrounding gardens<br />

and countryside visitors could be a<br />

million miles away, making it the<br />

perfect location for corporate retreats<br />

and off-sites.<br />

On-site catering facilities are<br />

available and can be tailored for<br />

small and large groups and for specific<br />

events.<br />

Eskleigh Estate’s location between<br />

Hobart and Launceston<br />

makes it convenient for both Northern<br />

and Southern <strong>Tasmanian</strong> visitors<br />

with easy access and free onsite<br />

parking.<br />

Eskleigh Estate is part of Eskleigh<br />

Foundation, a leading supplier<br />

of disability support services in<br />

Tasmania.<br />

Every dollar spent at Eskleigh<br />

Estate goes directly to growing and<br />

supporting the services provided by<br />

Eskleigh Foundation<br />

“When you choose Eskleigh Estate<br />

you’re not only choosing a<br />

first-class meeting and events facility,<br />

but you’re also helping Eskleigh<br />

Foundation continue its vital<br />

support of <strong>Tasmanian</strong>s living with a<br />

disability,” Mr Luttrell said.<br />

“Be one of the first to experience<br />

the grandeur and old-world charm<br />

of this beautiful property.”<br />

What: Eskleigh Estate – Function<br />

and Events centre<br />

Where: 16087 Midland Highway,<br />

on the outskirts of Perth Village<br />

Bookings: www.eskleighestate.<br />

com.au or phone (03) 6398 7100.<br />

The perfect location<br />

for your next event.<br />

est. 1947<br />

Eskleigh Estate<br />

function and events centre<br />

Eskleigh Historic<br />

house and gardens.<br />

The perfect location for your next corporate event.<br />

For the first time<br />

ever, Eskleigh<br />

House & Gardens<br />

are available for<br />

corporate and<br />

event hire.<br />

Eskleigh Estate is the perfect backdrop for corporate and community events,<br />

meetings, and team off-sites.<br />

Choose from five private rooms all located in the main residence capable of<br />

accommodating groups up to 30 people, each equipped with audiovisual<br />

equipment, wireless internet, video conferencing, and whiteboards.<br />

Larger groups can take advantage of multiple room bookings and activities can<br />

extend to the extensive English-style gardens surrounding the property.<br />

On-site catering facilities are available and can be tailored for specific events.<br />

Located between Hobart and Launceston makes it convenient for both Northern<br />

and Southern <strong>Tasmanian</strong> visitors with easy access and free on-site parking.<br />

est. 1947<br />

Eskleigh Estate<br />

function and events centre<br />

Book now at eskleighestate.com.au or phone (03) 6398 7100<br />

Located just outside Perth Village at 16087 Midland Highway<br />

10 minutes from Launceston Airport • 20 minutes outside Launceston • 2 hours from Hobart<br />

@eskleighestate<br />

eskleighestate<br />

Eskleigh Estate is part of Eskleigh<br />

Foundation, a leading supplier of<br />

disability support services to people<br />

living with disabilities in Tasmania.<br />

Every dollar spent at Eskleigh Estate<br />

goes directly to growing and<br />

supporting the services provided<br />

by Eskleigh Foundation.<br />

Help Eskleigh Foundation help others<br />

Donate • Bequeath • Volunteer


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 11<br />

FOCUS ON BUSINESS<br />

Direction post commission<br />

LOUSIE<br />

PETSCHLER,<br />

GAICD,<br />

General Manager<br />

of Advocacy,<br />

AICD<br />

The final report has<br />

underscored the<br />

complex environment in<br />

which directors operate<br />

A LOT has already been<br />

written about the final report<br />

of the banking royal<br />

commission.<br />

It is now time to look<br />

ahead to the steps government,<br />

regulators, financial<br />

services entities,<br />

directors, senior executives<br />

and stakeholder<br />

groups can take to mitigate<br />

the risk of misconduct<br />

recurring in the future.<br />

In Commissioner Ken<br />

Hayne’s words, “culture,<br />

governance and remuneration<br />

march together”.<br />

The final report has<br />

underscored the complex<br />

environment in which directors<br />

operate.<br />

Acting in the best interests<br />

of a corporation<br />

demands more than a focus<br />

on short-term profit<br />

and shareholder returns.<br />

It is a more complicated<br />

task than choosing<br />

between the interests of<br />

customers and shareholders.<br />

We will see new regulation<br />

in the financial services<br />

industry with the<br />

extension of the Banking<br />

Executive Accountability<br />

Regime to all<br />

APRA-regulated industries<br />

and the co-administration<br />

of the regime between<br />

ASIC and APRA,<br />

as well as revised APRA<br />

prudential standards and<br />

guidance with a focus<br />

on the linkages between<br />

remuneration and non-financial<br />

risks.<br />

ASIC and APRA will<br />

be subject to greater<br />

levels of oversight by a<br />

new, independent body.<br />

Important reforms will<br />

be made in the superannuation<br />

sector, which<br />

also came under scrutiny<br />

by the Productivity Commission.<br />

In its recently released<br />

report on Superannuation:<br />

Assessing Efficiency<br />

and Competitiveness,<br />

the Productivity Commission<br />

acknowledged<br />

that high-quality governance<br />

is integral to a super<br />

system where members<br />

rely on others to<br />

make decisions on their<br />

behalf.<br />

This year has also seen<br />

the release of another important<br />

and wide-ranging<br />

inquiry, the Australian<br />

Law Reform Commis-<br />

sion’s report Integrity,<br />

Fairness and Efficiency:<br />

An Inquiry into Class<br />

Action Proceedings and<br />

Third-Party Litigation<br />

Funders.<br />

Significantly, the<br />

ALRC has recommended<br />

the federal government<br />

should commission<br />

a review of the legal and<br />

economic impact of the<br />

operation, enforcement<br />

and effects of continuous<br />

disclosure obligations<br />

contained in the Corporations<br />

Act 2001 (Cth) and<br />

the Australian Securities<br />

and Investments Commission<br />

Act 2001 (Cth).<br />

AICD strongly supports<br />

continuous disclosure<br />

obligations as a vital<br />

component of robust disclosure<br />

and governance<br />

practices to deliver market<br />

integrity and investor<br />

confidence.<br />

However, we have significant<br />

concerns about<br />

the unintended consequences<br />

that have arisen<br />

as a result of the current<br />

regime.<br />

A review would present<br />

an important and<br />

timely opportunity to<br />

consider whether Australia’s<br />

continuous disclosure<br />

laws and its interaction<br />

with the class<br />

actions regime are operating<br />

as intended.<br />

In yet more news on<br />

reforms that will impact<br />

corporate Australia,<br />

Treasury is considering<br />

increasing the final reporting<br />

thresholds for<br />

proprietary companies.<br />

Proprietary companies<br />

that meet the<br />

thresholds are required<br />

to prepare and lodge an<br />

audited financial report,<br />

a director’s report and<br />

an auditor’s report to the<br />

regulator each financial<br />

year.<br />

Treasury has proposed<br />

that the existing thresholds<br />

be doubled to revenue<br />

of $50 million, assets<br />

of $25m and companies<br />

with 100 or more employees<br />

(by satisfying<br />

two of these criteria, an<br />

entity meets the reporting<br />

and audit requirement).<br />

If passed by parliament,<br />

the proposed application<br />

date for the new<br />

thresholds will be 1 July<br />

<strong>2019</strong>.<br />

In response to member<br />

feedback, AICD has<br />

advocated they be increased<br />

for some time.<br />

OUR MEMBERSHIP<br />

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Membership provides you with exclusive access to our <strong>Business</strong> Centre<br />

and Member Lounges in Sydney, Melbourne, Canberra, Adelaide, Perth<br />

and Hobart CBDs, member-only events and a range of governance tools<br />

and resources.<br />

Take the next step in your career<br />

t: 1300 739 101 w: companydirectors.com.au/SWT<br />

06460-26_18


12 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

FOCUS ON BUSINESS<br />

Buyers<br />

seek to<br />

use their<br />

skill set<br />

By DEAN<br />

DEMEYER<br />

SELLING a business differs<br />

from selling almost anything<br />

else and no previous lifetime<br />

sales or purchasing experience<br />

can prepare you for it.<br />

The conditions under which<br />

private SME businesses are<br />

sold are quite unique.<br />

Here are a few market place<br />

realities:<br />

• different buyers will pay<br />

different prices for the same<br />

business;<br />

• only the right buyer pays<br />

the right price;<br />

• no one pays more for anything<br />

than they believe its<br />

worth;<br />

• neither the buyer, the seller<br />

or their advisors know what<br />

a business is worth; but all<br />

have an opinion;<br />

• sadly, it’s hard to find<br />

competent advice and guidance<br />

when buying a business;<br />

• buyers would rather start<br />

a business of their own than<br />

buy yours; and<br />

• buyers really want “all the<br />

right things to be wrong” and<br />

not a perfect business.<br />

Most of the above points<br />

could have their own article<br />

written about each.<br />

Let me focus however on<br />

the last two points.<br />

The fact is, more people<br />

start new businesses than acquire<br />

an existing one.<br />

However with four out of<br />

five businesses not lasting<br />

more than five years, it would<br />

make more sense to actually<br />

buy an established survivor.<br />

I believe the driver for most<br />

people is independence - doing<br />

their own thing.<br />

That’s why, if they buy a<br />

business, they want one that<br />

is not perfect so they can put<br />

their own mark on it.<br />

They want the things<br />

“wrong” with it to match their<br />

competencies and shape and<br />

mould the business into their<br />

own image. A win-win.<br />

The buyer who recognises<br />

the most opportunity will pay<br />

the optimum price.<br />

For example, take a company<br />

that makes great bikes.<br />

The owner is a genius designer<br />

and a perfectionist for<br />

quality.<br />

The business has grown<br />

constantly over the years and<br />

its bikes are widely ridden in<br />

the local area.<br />

The business’ strengths are<br />

in manufacturing and design<br />

and they are weak at sales and<br />

marketing.<br />

Reverse this profile and you<br />

will find the perfect buyer<br />

who has sales and marketing<br />

skills.<br />

This buyer will recognise<br />

the opportunity that<br />

is presented to them<br />

and pay a higher<br />

price accordingly.<br />

The decision to<br />

sell a business is<br />

generally motivated<br />

by personal or lifestyle<br />

considerations.<br />

Likewise, the decision<br />

to buy a business<br />

is also a personal<br />

decision and<br />

not solely a financial<br />

one.<br />

Price is an important<br />

concern, but the<br />

buyer’s perception of<br />

value is the primary<br />

driver, and that value<br />

is based on their individual<br />

circumstances,<br />

motivations and personal<br />

objectives.<br />

Advisors will be<br />

able to provide assistance<br />

on financial<br />

and legal matters but<br />

are usually totally unaware of<br />

the important personal factors<br />

involved.<br />

<strong>Business</strong>es only sell when<br />

personal and financial gains<br />

are in balance.<br />

Uniquely only the seller and<br />

buyer know where that balance<br />

lies.<br />

In reality, the seller, the<br />

buyer, the employees and all<br />

the families will win with the<br />

“right buyer” who will capitalise<br />

on the opportunity the business<br />

represents.<br />

Specialising in confidential sale & purchase<br />

of privately held business<br />

We provide more than just a price appraisal.<br />

Our experience can show you how to:<br />

• Understand how to build VALUE in addition to profits<br />

• Increase WEALTH without increasing your declared profits<br />

• When to cash out so you can cash in<br />

We will demonstrate:<br />

• What your business is worth today and how to make it worth more tomorrow<br />

• Why some businesses sell for big money and others do not<br />

• How to identify & attract the right buyers<br />

Call Dean Demeyer on 0419 382 359 or 6105 0701 for<br />

a FREE, No-Obligation assessment of your business.<br />

FINN BUSINESS SALES<br />

42 Sandy Bay Road, Battery Point TAS 7004<br />

e: dean.demeyer@finnbusinesssales.com.au<br />

www.finnbusinesssales.com.au<br />

Tasmania I Australia I International<br />

Tasmania’s Most Trusted Brokers


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 13<br />

FOCUS ON BUSINESS<br />

Education driving revival<br />

By ASSOCIATE<br />

PROFESSOR<br />

ANDREA CARR<br />

Deputy Principal<br />

(Education)<br />

ENTERING our third year,<br />

University College started<br />

<strong>2019</strong> with the launch of its<br />

newest course, the Associate<br />

Degree in Applied Health and<br />

Community Support.<br />

We welcomed more than<br />

1200 new and continuing<br />

students across our range of<br />

courses, including Applied<br />

Science, Applied <strong>Business</strong>,<br />

Applied Design, Applied<br />

Technologies, Agribusiness,<br />

and our Pathway Programs.<br />

Drawing on its social mission,<br />

University College, together<br />

with the University of<br />

Tasmania, is committed to an<br />

education-driven revitalisation<br />

of the state.<br />

We are dedicated to increasing<br />

the number of people participating<br />

in higher education.<br />

Why? The positive impacts<br />

that flow on from greater education<br />

benefit our whole community,<br />

including enhanced<br />

economic performance, productivity,<br />

and employment<br />

rates.<br />

“Attending University College<br />

has rebuilt my confidence,”<br />

explains student Annette<br />

Branch, who is studying<br />

an Associate Degree in Applied<br />

<strong>Business</strong><br />

“Myself and my family are<br />

now going to have a much<br />

better future thanks to the associate<br />

degree. I am a living<br />

example of how education<br />

can improve lives.”<br />

The delivery of work-ready<br />

graduates is a key outcome of<br />

University College courses.<br />

Informed by industry, Associate<br />

Degrees are distinctively<br />

different in nature – both in<br />

the way we teach and design<br />

the courses.<br />

We take pride in offering<br />

programs that are highly relevant<br />

and linked to local industry.<br />

This is a result of our teaching<br />

staff being well connected<br />

to <strong>Tasmanian</strong> businesses and<br />

other industry stakeholders.<br />

These industry partnerships<br />

facilitate a shared purpose – a<br />

reciprocity - that leads to mutual<br />

benefit.<br />

University College gives<br />

students authentic, hands-on<br />

experiences that relate to their<br />

Prospective students tour the Inveresk facilities with a University of Tasmania staff<br />

member.<br />

future career, with flexible<br />

online learning options that<br />

support work life balance.<br />

“The new-found awareness<br />

of the industry has given me<br />

a more in-depth understanding<br />

of how my workplace<br />

functions behind the scenes,”<br />

says Associate Degree in<br />

Agribusiness student Taylor<br />

Franklin-Smith. “Completing<br />

my degree part-time doesn’t<br />

impact on my full-time work<br />

schedule.”<br />

Courses are delivered<br />

across our three campuses<br />

(Hobart, Launceston and<br />

Burnie), allowing easy access<br />

to those living in regional areas<br />

or juggling work commitments.<br />

Our range of Diploma and<br />

Associate Degree courses<br />

provide a tailored professional<br />

education that delivers<br />

both the knowledge and skills<br />

needed to progress from one<br />

job to another, throughout the<br />

course of one’s career.<br />

Our connections with <strong>Tasmanian</strong><br />

businesses and industry<br />

support relevant learning<br />

experiences and help build future<br />

job prospects across the<br />

state.<br />

Furthermore, these partnerships<br />

have resulted in real “on<br />

the ground support” for our<br />

students.<br />

For example, Blundstone<br />

Australia Pty Ltd and Primary<br />

Health Tasmania offer scholarships<br />

for students studying<br />

Agribusiness and Applied<br />

Health courses.<br />

Students leaving Year 12,<br />

professionals wanting to upskill<br />

or get a formal qualification,<br />

and even those planning<br />

a career change, can all benefit<br />

from an Associate Degree<br />

at University College.<br />

We produce commercially<br />

aware, technically competent<br />

and creative graduates<br />

who are equipped for lifelong<br />

learning - fundamental<br />

skills for workplace success.<br />

Don’t hesitate to reach out for<br />

more information. We’d love<br />

to discuss with you how an<br />

Associate Degree may be the<br />

right fit for you or your team.<br />

Applications<br />

now open<br />

for Term 3,<br />

starting<br />

July 22<br />

Study an Associate Degree and<br />

advance your career<br />

Whether you’re looking to up-skill, needing a formal qualification to take the next step in your career or trying to<br />

break into a new industry, UC has the right Associate degree for you. Our courses offer full-time and part-time<br />

options, so you can find the right balance between work, life and study.<br />

Your path to progress starts with a single step, visit our website or call 1800 788 244 to find out more<br />

utas.edu.au/college


T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 12,000 M O N T H LY<br />

14 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

NEWS<br />

Ship-shape scholars<br />

A $67,500 scholarship<br />

program sponsored by<br />

shipping company ANL<br />

Container Line will support<br />

three students undertaking<br />

a Bachelor of<br />

Global Logistics and<br />

Maritime Management at<br />

the Australian Maritime<br />

College.<br />

Titled “Future You<br />

Powered By ANL”, the<br />

scholarship provides<br />

$7500 per annum to each<br />

of the three students for<br />

the full three years of their<br />

study.<br />

AMC Principal Professor<br />

Shuhong Chai said the<br />

scholarships would help<br />

nurture the next generation<br />

of logistics talent and<br />

were built on a strong,<br />

long-standing relationship<br />

between the two organisations.<br />

“About 90 per cent of<br />

world trade is moved on<br />

the oceans and developing<br />

a strong, skilled<br />

workforce is essential to<br />

keeping the multi-billion<br />

dollar international logistics<br />

industry afloat,” Professor<br />

Chai said.<br />

“This new scholarship<br />

program from ANL Container<br />

Line will provide<br />

three students with the<br />

opportunity to further<br />

their education in this<br />

growing field, allowing<br />

them to immerse them-<br />

AMC Principal Professor Shuhong Chai, left, and ANL Container Line General Manager – Human<br />

Resources/Office Administration Pascale Toussat launch the scholarship program.<br />

selves in their studies and<br />

make the most of personal<br />

and professional development<br />

opportunities.<br />

“AMC engages with<br />

ANL regularly as part of<br />

its industry liaison committee,<br />

and a number of<br />

our graduates have taken<br />

up internships and graduate<br />

positions at their Melbourne<br />

headquarters.<br />

These scholarships<br />

provide the ideal platform<br />

Telstra <strong>Business</strong>woman<br />

winner ‘keeping it real’<br />

GLENVIEW Community<br />

Services CEO Lucy<br />

O’Flaherty has been<br />

named Tasmania’s Telstra<br />

<strong>Business</strong>woman of<br />

the Year.<br />

Glenview is an aged<br />

care provider of residential,<br />

community, independent<br />

living, day centre<br />

and respite services.<br />

Ms O’Flaherty has<br />

been CEO at Glenview<br />

for nearly eight years<br />

and with aged care undergoing<br />

historic and<br />

complex reforms, she<br />

is active in helping to<br />

create the vision for the<br />

sector now and in future.<br />

to enhance and build on<br />

that career pathway.”<br />

ANL’s Pascale Toussat<br />

said the business was<br />

a big supporter of talent<br />

development for the industry.<br />

“Shipping and Logistics<br />

are such an important<br />

part of our economy as<br />

an island nation. While<br />

our core business is shipping,<br />

we have broadened<br />

our offer in recent years,<br />

“As a hands-on<br />

learner, the secret to<br />

my success is keeping<br />

it real, never getting<br />

caught up in self-importance<br />

and always<br />

remembering my values,”<br />

she said.<br />

The national awards<br />

will be held in May.<br />

WANTED<br />

<strong>Business</strong><br />

movers and<br />

shakers<br />

offering door to door<br />

services and other more<br />

technical solutions to our<br />

customers,” she said.<br />

“We want to continue<br />

our evolution and we<br />

know that this is driven<br />

by passion, talented people<br />

and new ideas.’’<br />

The scholarship MoU<br />

signing was followed by<br />

the <strong>2019</strong> AMC Careers<br />

Expo, in which students<br />

had the chance to network<br />

with national and multinational<br />

industry leaders<br />

and investigate their<br />

future career options.<br />

Representatives from<br />

prominent Defence, engineering,<br />

logistics and<br />

shipping organisations attended<br />

the two-day event,<br />

which also featured presentations<br />

on industry<br />

graduate programs, resume<br />

writing and interview<br />

skills.<br />

Tasmania’s Telstra <strong>Business</strong>woman of the Year<br />

Glenview CEO Lucy O’Flaherty.<br />

IN BRIEF<br />

Work skills funding<br />

THE State Government’s Skills Fund program is<br />

open, with $2.9 million available to get more <strong>Tasmanian</strong>s<br />

into work.<br />

Funding is targeted at training programs for priority<br />

industry sectors including tourism and hospitality,<br />

building and construction, advanced manufacturing,<br />

ICT, aged and disability services, agriculture and<br />

aquaculture, and transport and logistics.<br />

The Skills Fund is open to endorsed Registered<br />

Training Organisations and closes on Tuesday <strong>April</strong><br />

9, <strong>2019</strong>.<br />

Further information, including grant guidelines and<br />

application forms, is available from Skills Tasmania<br />

on 03 6165 6012 or by email to theskillsfund@skills.<br />

tas.gov.au<br />

Health career certificate<br />

IN AN Australian first, <strong>Tasmanian</strong>s will now have<br />

the opportunity to gain an educational qualification<br />

for a career in the health insurance sector through<br />

an innovative partnership between TasTAFE and<br />

St.LukesHealth.<br />

Developed and launched by St.LukesHealth, the<br />

Certificate IV in General Insurance will assist those<br />

wanting to upskill or who seek a career in health insurance.<br />

The qualification will be delivered in-house using<br />

St.LukesHealth trained staff and validated through<br />

TasTAFE, and is expected to be rolled out nationwide.<br />

Tassie vodka whey ahead<br />

TASMANIA’S Hartshorn Distillery has won Best Varietal<br />

Vodka of Australia at the World Vodka Awards<br />

<strong>2019</strong> in London for the third year in a row.<br />

Its Sheep Whey Unfiltered Vodka also collected<br />

World’s Best Vodka at the World Vodka Awards 2018<br />

and Australian Beverage of the Year at the Food and<br />

Beverage Industry Awards in 2017.<br />

Hartshorn is the only known distillery in the world<br />

to craft its spirits from sheep whey, a byproduct of<br />

cousin company Grandvewe Cheeses.<br />

Cheesemaker chairman<br />

BRUNY Island Cheese Co founder, Nick Haddow,<br />

has been appointed as the inaugural chairman of the<br />

new Brand Tasmania authority.<br />

The entrepreneur, who is a co-presenter on TV series<br />

The Gourmet Farmer, won the Telstra Australian<br />

<strong>Business</strong> of the Year in 2014.<br />

He previously served on the board of the Brand Tasmania<br />

council and is currently on the board of Wine<br />

Tasmania.<br />

McCain chips in at Smithton<br />

MCCAIN Foods will invest $37 million to upgrade its<br />

Smithton potato plant in North West Tasmania.<br />

The upgrade follows the addition of 17 new permanent<br />

jobs at the potato plant, bringing its workforce<br />

to 95.<br />

A further 60 new jobs will be created during the<br />

construction phase, and $15 million will be injected<br />

into the <strong>Tasmanian</strong> economy in local trade and labour<br />

contracts.<br />

The upgrades, due to start this month and be complete<br />

by January 2020, will see the site become the<br />

company’s primary retail french fry production facility<br />

in Australia and New Zealand.<br />

• Promotions<br />

• Appointments<br />

• Awards<br />

• Celebrating<br />

success<br />

Share the news<br />

with the<br />

<strong>Tasmanian</strong><br />

business<br />

community<br />

Send your news<br />

snippets, with a<br />

high quality photo,<br />

to TBReditorial@<br />

fontpr.com.au


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong> 15<br />

EVENTS<br />

Daniel Richards, left, and Charles von Stieglitz<br />

of Accru Hobart.<br />

Dave Careless, left, Louise Dine and Bill<br />

Summers of Bendigo Bank.<br />

Jason Purdie of UTAS, left, Elise Archer MP<br />

and Damon Wise of News Corp.<br />

What:<br />

TCCI’s 95th birthday<br />

celebration<br />

Where:<br />

Hadley’s Orient Hotel, Hobart<br />

When:<br />

Tuesday March 5, <strong>2019</strong><br />

Louise Dine of Bendigo Bank, left, Simone Di Domenico of<br />

NAB and Lorelle Taylor from Headspace Hobart/ The Link<br />

Youth Health Service.<br />

Renee Casey of Hotel Grand Chancellor, left, Susan<br />

Parr of TCCI, Kimberley Odges from Hotel Grand<br />

Chancellor and Stacy Joseph of TCCI.<br />

Tom Middleton of the <strong>Tasmanian</strong> Labor Party, left,<br />

and Umesh Ratnagobal from the City of Hobart.<br />

TCCI’s Michael Bailey and Susan Parr.<br />

John Mula of Catholic Education<br />

Tasmania and Natasha Burdon from My<br />

Pathway.


16 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - APRIL <strong>2019</strong><br />

PROPERTY MATTERS<br />

Industrial sector shining light<br />

Scott Newton<br />

Property Matters with<br />

Knight Frank<br />

THE industrial sector<br />

across Northern Tasmania has<br />

proven to be a shining light as<br />

one of our best performing in<br />

the commercial markets.<br />

Recent transactions and offerings<br />

have highlighted the<br />

strength and confidence in<br />

the industrial sector across<br />

the North.<br />

Paperlinx has recently announced<br />

the sale of the former<br />

Wesley Vale Pulp Mill<br />

site after an extensive marketing<br />

campaign.<br />

The sale price of $1.74m<br />

announced demonstrates an<br />

opportunity for the developer<br />

to re-invigorate new industrial<br />

activity onto this “brownfield<br />

site”.<br />

The offering of the Bell<br />

Bay site of the former proposed<br />

Gunns Pulp Mill has<br />

confirmed very strong interest<br />

in a site which offers extensive<br />

infrastructure investment<br />

opportunities.<br />

Arguably one of Tasmania’s<br />

premier industrial sites<br />

due to rail, port, road and energy<br />

infrastructure, the site<br />

has attracted considerable interest<br />

from local, national and<br />

international businesses.<br />

State Government investment<br />

in the second interconnector<br />

project across Bass<br />

Strait continues to create interest<br />

in the opportunities<br />

presented by these brownfield<br />

sites.<br />

With any infrastructure development<br />

in the state, investors<br />

in industrial property are<br />

looking for the flow on opportunities<br />

that emanate from<br />

these projects.<br />

Within the greater Launceston<br />

areas, the industrial<br />

sector is experiencing elevated<br />

investor demand for acquisitions<br />

of leased investments,<br />

especially of contemporary,<br />

recently constructed facilities.<br />

Sales of four industrial facilities<br />

during early <strong>2019</strong>,<br />

have reflected investor appetite,<br />

which is becoming diffi-<br />

The Bell Bay site of the former proposed Gunns pulp mill is receiving strong investor interest.<br />

cult to fulfil and therefore resulting<br />

in investors accepting<br />

lower yields.<br />

Recent sales are showing<br />

yields ranging from 6.75 per<br />

cent to 7.25 per cent.<br />

Two properties of the four<br />

are situated at Translink Industrial<br />

precinct adjacent to<br />

Launceston Airport, which is<br />

proving an area of growth as it<br />

is central in covering the state<br />

in transportation and logistics.<br />

Statewide Independent<br />

Wholesalers General Manager<br />

David Lanham is currently<br />

overseeing the expansion<br />

of its distribution centre, also<br />

situated at Translink, which<br />

is some 47,000sqm “under<br />

roof” to facilitate its new<br />

temperature-controlled facility<br />

of a further 12,500sqm.<br />

Knight Frank has commenced<br />

marketing of a significant<br />

investment opportunity<br />

at Translink Estate, in<br />

Hudson Fysh Drive, which is<br />

leased to an leading Australia-wide,<br />

tyre wholesaler and<br />

distributor.<br />

The 3000sqm is subject to<br />

a seven-year lease.<br />

A number of recent larger<br />

leasing transactions in<br />

the Devonport region have<br />

shown continued confidence<br />

within the freight and logistics<br />

sector.<br />

A new player in the fresh<br />

milk market has recently secured<br />

a large warehouse in<br />

the Devonport region as a<br />

holding facility for dispatching<br />

milk into the mainland<br />

markets.<br />

Investors for well-let modern,<br />

industrial stock remain<br />

active, with Knight Frank<br />

having about $6.5m in industrial<br />

sales currently under<br />

contract in the North West.<br />

PROPERTY VIEW<br />

APRIL <strong>2019</strong><br />

Outline indicative only<br />

WATERFRONT DEVELOPMENT<br />

LAND - FOR SALE BY EOI<br />

East Tamar Highway, Bell Bay<br />

• Situated 38 km North of Launceston.<br />

• Major capital investment has been made with<br />

site development, internal road and waste water<br />

treatment infrastructure.<br />

• The 892.14 ha* parcel provides a blend of<br />

Industrial and Rural Resource zoning (3 titles)<br />

with a 26 ha* building pad.<br />

• The site offers opportunities for the agricultural,<br />

renewable energy, logistics, minerals or<br />

manufacturing sectors.<br />

• Rental Income from Telco lease.<br />

• Potential deep water port access.<br />

*approx<br />

Rob Dixon 0408 134 025<br />

Charles Black 0409 317 607<br />

ART DECO FREEHOLD INVESTMENT<br />

FOR SALE<br />

345 Elizabeth Street, North Hobart<br />

• High profile 776 sqm* corner building.<br />

• Tenant Nando’s is a global giant with over<br />

1,000 restaurants across 35 countries.<br />

• Brand new $600,000 tenant fit-out.<br />

• Current net rent $182,969 pa - 9 years<br />

remaining with 3% reviews.<br />

• Secure supplementary income from two fully<br />

leased apartments.<br />

• In conjunction with Burges Rawson<br />

Melbourne.<br />

*approx<br />

Matthew Wright 0458 290 588<br />

Knight Frank Hobart<br />

Beau Coulter 0413 839 898<br />

Burgess Rawson Melbourne<br />

TILFORDS “1O YEAR LEASEBACK”<br />

FOR SALE BY EOI<br />

35-53 Brisbane Street, Hobart<br />

• Situated in Central Hobart CBD, a terrific<br />

investment and landbank opportunity.<br />

• High exposure outstanding location.<br />

• Significant 9,395 sqm corner site with dual<br />

street frontages.<br />

• Secure 10 year lease back with a commencing<br />

rental of $993.543 net per annum.<br />

• Tenant pays all usual outgoings.<br />

• Leading car dealers of Ford, Honda, Skoda,<br />

Land Rover, Jaguar.<br />

• Lettable Area - 7,651 sqm<br />

*approx<br />

Scott Newton 0409 186 261<br />

Matthew Wright 0458 290 588<br />

DICKENSON’S ARCADE<br />

FOR SALE BY EOI<br />

105-111 Main Road, Moonah<br />

• Moonah landmark investment with a history<br />

of long term tenants.<br />

• Significant high profile corner retail arcade in<br />

the heart of Moonah’s commercial precinct<br />

plus extensive rear frontage to large public<br />

surface car park.<br />

• 5 km* north of Hobart’s CBD & adjacent to a<br />

Woolworth Supermarket. Current Net Income<br />

$240,008 pa* ex GST.<br />

• 96% leased with rental growth potential.<br />

• Lettable area 1,833 sqm*.<br />

• Site Area 1,437 sqm*.<br />

*approx<br />

Richard Steedman 0408 559 046<br />

Matthew Wright 0458 290 588<br />

5 Victoria Street, Hobart 54 Cameron Street, Launceston 48-54 Oldaker Street, Devonport<br />

P: 03 6220 6999 P: 03 6333 7888 P: 03 6424 3568

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