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THE MARKET<br />

The ABC is <strong>Australia</strong>’s only<br />

independent, national, commercial-free<br />

broadcaster. One of<br />

<strong>Australia</strong>’s most valued and<br />

trusted brands, the ABC operates<br />

across a range of platforms,<br />

ensuring that as many people as<br />

possible are able to access ABC<br />

content and services, nationally<br />

and internationally.<br />

ACHIEVEMENTS<br />

ABC Television has always been<br />

characterised by innovative and<br />

quality programming, with a rich<br />

mix of locally produced and overseas material, and<br />

a continued emphasis on <strong>Australia</strong>n content.<br />

ABC Radio reaches <strong>Australia</strong>ns through four<br />

national radio networks (Radio National, ABC<br />

Classic FM, triple j and ABC NewsRadio), 3 internet<br />

radio stations (dig, Dig Jazz and Dig Country);<br />

and the biggest local radio network in the country<br />

- 60 local radio stations across the nation, from<br />

Broome to Hobart, Cairns to Albany, Darwin to Port<br />

Lincoln.<br />

ABC News provides the most comprehensive<br />

news and current affairs coverage of any <strong>Australia</strong>n<br />

media organisation. More than 24,000 hours of news<br />

and current affairs are broadcast annually across<br />

radio, television and online.<br />

ABC Innovation drives strategic innovation and<br />

development in content creation, audience<br />

connection and new platform distribution in<br />

partnership with other divisions, and leads the<br />

overall growth and success of abc.net.au. ABC<br />

Online consistently rates as one of the fifteen most<br />

popular sites in <strong>Australia</strong>. In 2006/07 ABC Online<br />

had an average monthly unique audience of 2.1<br />

million, representing an average of 18.43 per cent<br />

of the active <strong>Australia</strong>n Internet population.<br />

ABC Commercial creates, licenses, markets and<br />

retails quality consumer products which reflect and<br />

extend the scope of ABC programs and services.<br />

ABC Commercial also operates 42 ABC Shops,<br />

including the ABC shop online and 103 ABC<br />

Centres, the net revenue from which goes directly<br />

into further ABC programming initiatives.<br />

HISTORY<br />

The ABC was inaugurated in 1932 by then Prime<br />

Minister Joseph Lyons. Twelve radio stations were<br />

brought together under the banner of the <strong>Australia</strong>n<br />

Broadcasting Commission.<br />

Until 1935 all programs went to air live. Over half<br />

the early programs were music and in 1936 the ABC<br />

began establishing studio broadcasting orchestras<br />

in all States. These provided the foundation for the<br />

state symphony orchestras which in the late 1990s<br />

progressively became independent subsidiary<br />

companies of the ABC.<br />

In 1947 the ABC established its own independent<br />

news service and in 1950 Radio <strong>Australia</strong> finally<br />

came under full control of the ABC. In 1956 ABC<br />

television began transmission in Sydney and<br />

Melbourne. In 1965 the ABC logo came into use, in<br />

1974 the first ABC shop opened and in 1983 the<br />

ABC became a Corporation. From 1985 ABC<br />

Television could transmit programs nationally via<br />

the Aussat satellite and in 1995 the ABC’s New<br />

Media and Digital Services division was<br />

established. In 2007, a new Innovation Division<br />

was created as an incubator for digital development<br />

across the ABC.<br />

THE PRODUCT<br />

ABC TV programs continue to win viewer and<br />

critical acclaim with the highest ever free-to-air<br />

audience share and programs of all genres winning<br />

major peer-voted national and international awards.<br />

Free to air commercial channels vie to acquire<br />

concepts, programs and personalities pioneered<br />

by ABC TV.<br />

Stories broken by programs<br />

such as Four Corners,<br />

<strong>Australia</strong>n Story and Andrew<br />

Denton’s Enough Rope regularly<br />

receive major press exposure.<br />

Characters from some ABC TV<br />

programs such as Mother and<br />

Son, SeaChange and Bananas<br />

in Pyjamas have become<br />

<strong>Australia</strong>n icons.<br />

The ABC’s innovative<br />

broadband service was<br />

established in 2001 and enables<br />

audiences to interact with high<br />

quality rich media content on<br />

demand. The ABC Broadband<br />

service offers several programs in a number of<br />

genres including News, Kids, cooking, comedy and<br />

music.<br />

ABC Radio National plays a unique role in the<br />

<strong>Australia</strong>n radio market, with specialist information<br />

programs that touch on every aspect of life<br />

including health, politics, religion, science and the<br />

arts — giving a breadth of ideas and analysis. A<br />

number of the network’s programs including The<br />

Science Show and Late Night Live have enjoyed<br />

longevity, maintaining audience interest over many<br />

years.<br />

ABC Classic FM, <strong>Australia</strong>’s only national<br />

classical music station offers an eclectic mix of<br />

music and music information. The network plays a<br />

key role in fostering the work of <strong>Australia</strong>n<br />

composers and performers as well as bringing<br />

<strong>Australia</strong>ns concert performances from around the<br />

world.<br />

The ABC’s youth network triple j targets an<br />

audience of 18-24 year olds. The network gives<br />

significant support to new <strong>Australia</strong>n music with a<br />

playlist that is more than 40 per cent <strong>Australia</strong>n. Its<br />

programs explore issues of interest and concern to<br />

young <strong>Australia</strong>ns.<br />

ABC NewsRadio provides a continuous news<br />

and information service and can be heard in all<br />

capital cities plus Northern Tasmania, Newcastle,<br />

the Gold Coast and Gosford. When Federal<br />

Parliament is in session NewsRadio crosses to<br />

Canberra for live coverage while the regular<br />

programming continues to be streamed online.<br />

ABC Local Radio provides an outlet for local<br />

information, news and views through a network of<br />

nine metropolitan and 60 regional stations. It offers<br />

a mix of news, current affairs, talkback, sport music<br />

and rural matters.<br />

Dig, the ABC’s internet radio station offers a<br />

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AFL licensed product also maintains its position<br />

as <strong>Australia</strong>’s number one licensed sports brand<br />

with retail sales of more than $150 million in 2006.<br />

HISTORY<br />

In 1857, a young man named Tom Wills returned to<br />

<strong>Australia</strong> after going to school in England where<br />

he was football captain of Rugby School and a<br />

brilliant cricketer. In 1858, Wills was appointed the<br />

Secretary of the Melbourne Cricket Club, and he<br />

published his now famous letter suggesting that<br />

cricketers should keep fit in the winter by playing<br />

football.<br />

Given the oval shape of cricket grounds, a<br />

different style of football game was required to that<br />

normally played on rectangular fields. Hence, this<br />

new game was devised by Wills, his cousin H.C.A.<br />

Harrison, W.J. Hammersley and J.B. Thompson.<br />

The Melbourne Football Club was formed on<br />

August 7, 1858, the year of the code’s first recorded<br />

game between Scotch College and Melbourne<br />

Grammar School.<br />

THE MARKET<br />

<strong>Australia</strong>n Football League competes in a much<br />

broader market than simply sport. Its obvious<br />

competitors are Rugby League, soccer and<br />

basketball. In reality the AFL exists in the extremely<br />

diverse and dynamic entertainment industry, in<br />

which <strong>Australia</strong>ns spend more than $5 billion every<br />

year.<br />

The market in which the AFL directly operates<br />

is equally diverse, composed of revenue generated<br />

two largely populated northern states are still<br />

considered growth markets.<br />

ACHIEVEMENTS<br />

The AFL regularly breaks attendance records. The<br />

2005 season saw 6,763,852 go through the<br />

turnstiles, breaking the previous season record<br />

6,691,897 previously set in 1998, this was then<br />

followed by 6,736,234 in 2006. This is more than<br />

double the figure for the AFL’s nearest competitor.<br />

Club membership has also exploded in recent<br />

seasons, rising from 217,474 in 1994 to 519,121 in<br />

2006 - an increase of more than 139%.<br />

AFL football continues to maintain its position<br />

as <strong>Australia</strong>’s most valuable television sports<br />

property with cumulative national audiences each<br />

week of up to 5 million people. Each year, the AFL<br />

Grand Final is televised live and is the most watched<br />

sports program in <strong>Australia</strong> as well as being viewed<br />

in 150 countries around the world.<br />

by match attendance, media rights, corporate<br />

sponsorship, membership and sales of licensed<br />

products. The combined effect values the AFL’s<br />

market contribution at $276 million per year.<br />

While the AFL enjoys a growing national<br />

following, its heartland is in the southern states<br />

where <strong>Australia</strong>n Rules Football has been part of<br />

the culture for over a century. Given the dominance<br />

of Rugby League in NSW and Queensland, the<br />

<strong>Australia</strong>n football quickly blossomed. The<br />

Victorian Football League was established in 1897<br />

and the following year the League’s first games<br />

were played among the foundation clubs; Carlton,<br />

Collingwood, Essendon, Fitzroy, Geelong,<br />

Melbourne, St Kilda and South Melbourne. In 1925<br />

North Melbourne, Hawthorn and Footscray<br />

entered the competition.<br />

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10/24/2007, 10:42 AM


THE MARKET<br />

American Express is a world leader in travel and<br />

financial services including charge and credit cards,<br />

Travellers Cheques, foreign exchange and<br />

insurance and international banking. Through its<br />

family of Corporate Card and business travel<br />

services, American Express helps companies<br />

manage their travel, entertainment and purchasing<br />

expenses.<br />

As the world’s largest travel agency, American<br />

Express offers travel and related consulting services<br />

to individuals and corporations around the world.<br />

The company also provides private banking<br />

services and personal financial services to<br />

individuals outside the United States.<br />

In <strong>Australia</strong>, American<br />

Express operates in a<br />

highly competitive and<br />

dynamic industry. The<br />

company dominates the<br />

Corporate Card and Small<br />

Business market, and<br />

offers consumer<br />

Cardmembers one of the<br />

most highly regarded<br />

loyalty programs in <strong>Australia</strong> – the Membership<br />

Rewards TM program.<br />

ACHIEVEMENTS<br />

American Express was the first financial services<br />

company to offer a loyalty program – the program<br />

was launched in 1992 as Membership Miles. The<br />

Membership Rewards program is unique in many<br />

ways – with no expiry on points earned as long as<br />

your account remains current. It is also the only<br />

financial services rewards<br />

program in <strong>Australia</strong> to offer<br />

tenured rewards, a special offer<br />

to long tenured customers that<br />

offers them a special selection<br />

of rewards for fewer points.<br />

Membership Rewards is also the<br />

only Card rewards program to<br />

offer customers the flexibility of<br />

combining their points to redeem<br />

large ticket items or to transfer a<br />

portion of their points balance to a family member<br />

or friend as a gift.<br />

The American Express Membership Rewards<br />

program was awarded 5 stars in CANNEX’s 2007<br />

Rewards Star Ratings, the first national comparison<br />

of rewards program. The American Express Platinum<br />

Credit Card was also recently named fully featured<br />

credit card of the year in the 2007 Financial Review’s<br />

Smart Investor Blue Ribbon Awards.<br />

American Express was awarded an Employer of<br />

Choice citation by the Federal Government’s<br />

Employer of Choice for Women Agency (EOWA)<br />

in March 2007 for the<br />

seventh year in a row.<br />

Marie Claire also<br />

recently featured<br />

American Express as a<br />

‘Best in the Business’<br />

employer on its<br />

website. Hewitt<br />

Associates also<br />

announced American<br />

Express as <strong>Australia</strong>’s<br />

best employer in the ‘Large Organisation’ category<br />

at the annual 2007 Hewitt Best Employers Award<br />

ceremony for the fourth year in<br />

a row.<br />

HISTORY<br />

The express and freight<br />

forwarding business upon<br />

which American Express was<br />

founded was an essential<br />

service, and its stagecoach,<br />

express wagon and railway car<br />

staff were rugged individuals whose duties were<br />

romanticised by the public.<br />

During the latter half of the 19th Century, as<br />

Americans developed an intense appetite for travel,<br />

the company expanded its freight forwarding<br />

services into Europe. Americans abroad began to<br />

rely on the company for travel advice, and American<br />

Express increasingly became a travel services<br />

company.<br />

With World War I, American Express’<br />

international growth plans were quashed. When<br />

the United States entered the war in 1917, the<br />

railroads were commandeered for government<br />

purposes and the express and freight companies<br />

were consolidated into a single entity, known as<br />

the American Railway Express Company.<br />

However, with its strong money order sales and<br />

the introduction of the Travellers Cheque in 1891,<br />

American Express had diversified its businesses<br />

enough to separate its growing travel and financial<br />

operations from the freight and express businesses<br />

and the company thrived despite the loss of its<br />

core business. In time the travel business flourished,<br />

and the company’s financial businesses also<br />

performed well.<br />

By the early 1950s, American Express had<br />

solidified its position as one of the world’s premier<br />

travel companies. Its offices around the globe –<br />

like the famous 11, rue Scribe site in Paris – were<br />

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10/20/2007, 7:12 PM


THE MARKET<br />

Biscuits and snacks are two of life’s little pleasures.<br />

We offer them to our friends when they pop in for<br />

a visit, or we treat ourselves to a nibble on a quiet<br />

night in.<br />

For over 140 years, Arnott’s has been making<br />

great food that everyone loves, every day,<br />

and will continue to do so for generations<br />

to come.<br />

Arnott’s is the market leader of the<br />

<strong>Australia</strong>n biscuit category and the<br />

number two player in the <strong>Australia</strong>n<br />

snack foods category. Arnott’s<br />

grows the biscuit category<br />

through product and flavour<br />

innovation, and by offering<br />

consumers great tasting food to<br />

suit any occasion.<br />

As the palate of the <strong>Australia</strong>n<br />

population evolves, Arnott’s has<br />

anticipated emerging trends and created a range of<br />

biscuits and snack foods that cater to consumer<br />

tastes.<br />

Trends currently affecting the market include<br />

increasing demand for products that are ‘better for<br />

you’; for premium and indulgent products that are<br />

eaten as a special treat and a reward; and for<br />

convenient snacks that can<br />

be eaten on-the-go.<br />

Anticipating and<br />

responding to trends is<br />

Arnott’s strength. With its<br />

product and flavour<br />

innovation, and<br />

commitment to making<br />

delicious foods, Arnott’s<br />

has been one of <strong>Australia</strong>’s<br />

favourite food companies for<br />

over a century.<br />

ACHIEVEMENTS<br />

Millions of <strong>Australia</strong>ns have grown up with Arnott’s<br />

over the past 142 years. For them, Arnott’s is more<br />

than a biscuit company – it’s a piece of <strong>Australia</strong>’s<br />

history and a national icon. The famous parrot<br />

trademark has a place in 97 per cent of <strong>Australia</strong>n<br />

households, and the leading Arnott’s chocolate<br />

biscuit brand, Tim Tam, is a particular favourite,<br />

with more than 400 million Tim Tam biscuits<br />

consumed every year!<br />

In 2002, Arnott’s acquired Snack Brands<br />

<strong>Australia</strong>, and added a number of <strong>Australia</strong>’s<br />

favourite snack brands to its portfolio including<br />

Cheezels, Thins and CC’s.<br />

Since Scottish baker William Arnott began<br />

selling pies to ships docking in Newcastle in 1865,<br />

Arnott’s has grown steadily, with more than 50,000<br />

<strong>Australia</strong>ns working for Arnott’s over the past<br />

century. Today, Arnott’s employs more than 4,000<br />

people<br />

<strong>Australia</strong>-wide, operates six<br />

manufacturing facilities in<br />

<strong>Australia</strong> and in the past<br />

decade has spent more<br />

than $3 billion purchasing<br />

raw ingredients and<br />

services from local<br />

farmers and businesses<br />

to make its biscuits and<br />

snack foods. Arnott’s is<br />

one of the largest food<br />

companies in the Asia<br />

Pacific region, with a<br />

very bright future.<br />

HISTORY<br />

In 1865, William Arnott opened a biscuit bakery in<br />

Hunter Street, Newcastle, baking pies and biscuits<br />

to sell to coal ships that docked at the port. In 1877,<br />

the bakery moved to new premises and within three<br />

years employed 50 people and produced 1.5 tonnes<br />

of biscuits daily. By the following decade, Arnott’s<br />

was distributing to Sydney. In 1892 it began its first<br />

major advertising campaign, inviting parents to<br />

submit photographs of healthy children fed on<br />

Arnott’s biscuits. The campaign, ‘Living Pictures’,<br />

ran for more than 60 years.<br />

Demand for Arnott’s biscuits grew rapidly, and<br />

in 1908 the company opened a new bakery on a<br />

two-hectare site at Homebush in Sydney, part of<br />

which is still occupied by Arnott’s Asia Pacific<br />

regional headquarters.<br />

During World War II, Arnott’s helped feed the<br />

armed forces of both <strong>Australia</strong> and the United<br />

States, producing a range of sweet, energygiving<br />

biscuits for the army and thick, dry<br />

biscuits for the navy that would keep for<br />

months at sea. Production of biscuits for<br />

civilian consumption was severely<br />

restricted, with just 19 varieties offered.<br />

In 1992, the Campbell Soup<br />

Company launched a takeover bid for<br />

Arnott’s, and in 1997, Arnott’s became<br />

a wholly owned subsidiary.<br />

THE PRODUCT<br />

Arnott’s offers consumers greater<br />

choice than ever before, with a large range of<br />

sweet and savoury biscuits and crackers, and salty<br />

snack foods. The products span a number of<br />

segments including Adult Indulgence, Family<br />

Favourites and Better for You. Arnott’s exports<br />

continue to grow, with <strong>Australia</strong>n-made biscuits<br />

now being shipped to more than 40 countries<br />

around the world including Japan, Canada, United<br />

Kingdom, Indonesia, Tahiti and New Zealand.<br />

In <strong>Australia</strong>, the Arnott’s name is synonymous<br />

with quality. Its best-selling chocolate biscuit<br />

varieties, Tim Tam and Mint Slice biscuits, are<br />

market leaders in the adult indulgence segment of<br />

the biscuit category, while the Scotch Finger, Vita-<br />

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THE MARKET<br />

Against a global trend of flattening letter volumes,<br />

<strong>Australia</strong> Post continues to achieve small but<br />

steady volume increases by adding value to its<br />

letter service. In 2005/06 <strong>Australia</strong> Post achieved<br />

volume growth of 28 million letters (an increase of<br />

0.5 per cent), marking its third successive year of<br />

growth.<br />

The corporation’s business strategy is to defend<br />

and extend its position in its three core business<br />

areas – letters, retail and agency services, and<br />

parcels and logistics. This strategy involves<br />

capitalising on existing strengths, while extending<br />

into complementary or substitute business areas<br />

where there is potential for growth and profit.<br />

<strong>Australia</strong> Post’s main challenge has come from<br />

electronic messaging and distribution technologies,<br />

such as email and the Internet. The corporation is<br />

responding to this challenge by establishing a<br />

leadership position in substitute markets (such as<br />

identity and verification services on behalf of other<br />

organisations) and by leveraging its core<br />

competencies in new business areas (such as the<br />

establishment of an integrated logistics service,<br />

called Post Logistics).<br />

ACHIEVEMENTS<br />

<strong>Australia</strong> Post has transformed its image, corporate<br />

culture and operations to emerge as one of<br />

<strong>Australia</strong>’s most successful and reputable<br />

businesses. The makeover of <strong>Australia</strong> Post<br />

effectively began in 1989 when <strong>Australia</strong> Post<br />

became a Government Business Enterprise (GBE).<br />

As a GBE, the newly formed corporation<br />

implemented an intensive program to<br />

streamline and upgrade all aspects of<br />

operations and to strengthen the <strong>Australia</strong><br />

Post brand. As a result of this continuing<br />

program, revenue has increased by 19 per<br />

cent over the past five years and the<br />

corporation’s productivity improvements<br />

have been triple the national average over<br />

the same period.<br />

Significantly, <strong>Australia</strong> Post’s commercial<br />

transformation has been achieved without<br />

sacrificing the corporation’s reputation as a<br />

trusted and reliable provider of community<br />

services. Today, it is regularly rated among<br />

the most reputable organisations in the<br />

country: in the 2006 Grey Eye on <strong>Australia</strong><br />

study, published in BRW Magazine,<br />

<strong>Australia</strong> Post was rated the fourth most trusted<br />

organisation in <strong>Australia</strong>.<br />

Internationally, <strong>Australia</strong> Post is one of the world’s<br />

best-performing postal enterprises – providing the<br />

highest level of service, while maintaining one of the<br />

lowest basic letter rates in the world.<br />

HISTORY<br />

The Post Office is <strong>Australia</strong>’s oldest surviving<br />

commercial organisation. Its origins can be traced<br />

back to 1809 when former convict Isaac Nichols<br />

was appointed the first Postmaster and opened a<br />

post office in his home in George Street, Sydney.<br />

<strong>Australia</strong> Post’s formal commercial origins lie in the<br />

first postal act of 1825, which enabled the New<br />

South Wales governor to fix postage rates and<br />

appoint postmasters outside of Sydney.<br />

With the Federation of <strong>Australia</strong>n colonies in<br />

1901, a nationally integrated Postmaster General’s<br />

Department (PMG) was established, with<br />

responsibility for the nation’s mail and telephone<br />

services. In 1975, the PMG was split into two<br />

entities: the <strong>Australia</strong>n Telecommunications<br />

Commission (now Telstra) and <strong>Australia</strong>n Postal<br />

Commission (trading as <strong>Australia</strong> Post).<br />

It was the <strong>Australia</strong>n Postal Corporation Act 1989<br />

that made Post a GBE with a board of directors and<br />

a charter to operate commercially, while meeting a<br />

range of Community Service Obligations (CSOs).<br />

Under the CSOs, <strong>Australia</strong> Post must provide a<br />

standard letter service to all <strong>Australia</strong>ns at a uniform<br />

price. <strong>Australia</strong> Post is also required to achieve a<br />

number of performance standards relating to public<br />

access to the postal service and the frequency and<br />

reliability of delivery. In 2005/06, the cost associated<br />

with meeting the CSOs was approximately $87.9<br />

million.<br />

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THE MARKET<br />

Tariff reductions and Free Trade<br />

Agreements, the rise of China as a<br />

manufacturing giant, and the power<br />

of the Internet to provide access<br />

to global markets, have all had an<br />

enormous impact on <strong>Australia</strong>n<br />

industry. Our manufacturers now<br />

have to work harder and smarter to<br />

stay ahead.<br />

Research conducted for the<br />

<strong>Australia</strong>n Made, <strong>Australia</strong>n<br />

Grown Campaign has consistently<br />

shown that <strong>Australia</strong>n consumers<br />

prefer to buy <strong>Australia</strong>n products.<br />

In addition, research carried out<br />

overseas indicates that much of the<br />

world has an appetite for things<br />

<strong>Australia</strong>n.<br />

The Campaign’s key objectives<br />

are to assist consumers to exercise their preference<br />

for buying <strong>Australia</strong>n, and to give <strong>Australia</strong>n<br />

producers and manufacturers a competitive edge<br />

by clearly and consistently branding products with<br />

an instantly recognisable and trusted symbol of<br />

<strong>Australia</strong>.<br />

ACHIEVEMENTS<br />

The latest Roy Morgan research shows that the<br />

logo is recognised by 98% of <strong>Australia</strong>ns and is<br />

the most trusted identifier for <strong>Australia</strong>n goods.<br />

Even with the restructuring of the manufacturing<br />

sector, the campaign continues to grow with more<br />

than 400 new licensees in 2006/07.<br />

The campaign’s support for <strong>Australia</strong>n furniture<br />

manufacturers was recognised when major retailers<br />

Harvey Norman Furniture and Bedding, Forty<br />

Winks and Bev Marks <strong>Australia</strong> came on board as<br />

campaign partners.<br />

The strength of the campaign was<br />

acknowledged in 2007 when the Department of<br />

Agriculture, Fisheries and Forestry agreed to use<br />

the Campaign as the delivery vehicle and the logo<br />

as the centrepiece of its new food labelling<br />

initiative, ‘<strong>Australia</strong>n Grown’.<br />

HISTORY<br />

The origins of the <strong>Australia</strong>n<br />

Made, <strong>Australia</strong>n Grown<br />

Campaign date back to shortly<br />

after Federation when the merits<br />

of buying <strong>Australia</strong>n made were<br />

advocated in Federal Parliament. In<br />

the 1930s, various chambers of<br />

manufactures championed the cause of buying<br />

<strong>Australia</strong>n in publications and press<br />

advertisements.<br />

A national campaign known as Operation<br />

Boomerang was launched in 1961 by the Associated<br />

Chambers of Manufactures of <strong>Australia</strong>. The aim<br />

of Operation Boomerang was to raise the profile of<br />

<strong>Australia</strong>n manufacturing and encourage people<br />

to buy locally made goods. The logo for the<br />

campaign – a red boomerang on a blue<br />

background with the Southern Cross – can<br />

still be seen on some of our older buildings<br />

and shop signage today.<br />

In 1986, a new logo was developed.<br />

Commissioned by the <strong>Australia</strong>n<br />

Government, the green and gold<br />

<strong>Australia</strong>n Made logo was<br />

designed by Melbourne graphic<br />

designer Ken Cato and featured<br />

a stylised kangaroo within a triangle. The <strong>Australia</strong>n<br />

Made Campaign was launched by then Prime<br />

Minister Bob Hawke in Melbourne.<br />

The scheme was administered by the Advance<br />

<strong>Australia</strong> Foundation and attracted a<br />

significant number of users who paid<br />

a licence fee for the right to use the<br />

logo on their products. However,<br />

in 1996, the Foundation went into<br />

voluntary liquidation, and the<br />

logo reverted to the <strong>Australia</strong>n<br />

Government. Existing licensees<br />

were given permission to continue<br />

using the logo until new<br />

arrangements were put into place.<br />

During 1997 and 1998, the<br />

<strong>Australia</strong>n Chamber of Commerce<br />

and Industry (ACCI) took the lead<br />

in re-launching the logo, with an<br />

industry consultation process<br />

which led to the development of a<br />

new Code of Practice and<br />

administrative structure. On 1 July<br />

1999 the <strong>Australia</strong>n Made<br />

Campaign resumed with a new<br />

company - <strong>Australia</strong>n Made<br />

Campaign Limited (AMCL) – as<br />

the approved certifier of users of<br />

the <strong>Australia</strong>n Made logo. PM<br />

John Howard officially launched<br />

the new campaign in September of<br />

that year.<br />

The Code of Practice set out<br />

criteria for goods which were<br />

consistent with the country of<br />

origin provisions of the Trade Practices Act 1974<br />

as amended in 1998. In order to be eligible to carry<br />

the logo, goods had to be “substantially<br />

transformed” in <strong>Australia</strong>, and 50% or more of the<br />

cost of producing or manufacturing the goods had<br />

to be attributable to production or manufacturing<br />

processes that occurred in <strong>Australia</strong>.<br />

In May 2007 the rules governing the use of<br />

the logo were varied to allow its use with fresh<br />

and packaged produce, and <strong>Australia</strong>n<br />

Grown was born.<br />

THE PRODUCT<br />

The <strong>Australia</strong>n Made, <strong>Australia</strong>n<br />

Grown logo is available to any<br />

person or organisation whose<br />

products meet the compliance<br />

criteria in the Code of Practice.<br />

Potential licensees must<br />

complete an application form, listing those<br />

products, and pay an annual licence fee. Licence<br />

fees are based on turnover and range from $275 to<br />

$22,000.<br />

Licensees are granted the right to use the logo<br />

on products and promotional material. The<br />

‘Directory’ section of the <strong>Australia</strong>n Made,<br />

<strong>Australia</strong>n Grown website lists all licensees and<br />

products. Licensees can create their own web pages<br />

with information about their company and products.<br />

Every licensee receives a free listing in the annual<br />

publication, “Consumer Guide to Buying<br />

<strong>Australia</strong>n”, which is distributed free to consumers<br />

through supermarkets and other outlets.<br />

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THE MARKET<br />

During the year ended 31 March 2007 there were<br />

5,156,539 visitors to <strong>Australia</strong> aged 15 years and<br />

over. This was fairly steady, with an increase of 3%<br />

over the previous year. Visitor nights, on the other<br />

hand, showed a significant rise of 13% over the<br />

previous twelve months to a total of 157.7 million.<br />

Within <strong>Australia</strong> during the same year, 73.3<br />

million overnight trips were taken by <strong>Australia</strong>n<br />

residents aged 15 years and over. This was 5%<br />

higher than the number of overnight trips from the<br />

equivalent period in 2006. <strong>Australia</strong>ns spent 288.1<br />

million nights away from home during the year,<br />

which was 6% higher than in 2006.<br />

HISTORY<br />

In 1957, eleven moteliers formed a standards<br />

organisation called the Motel Federation of<br />

<strong>Australia</strong> (MFA). Foundation President, Lou<br />

Pimblett stated that it was “only the forerunner of<br />

very big things in motels”. This vision was more<br />

prophetic than they could have imagined.<br />

In 1975, the name “MFA Homestead” was<br />

introduced and The Travel Club, Best Western’s<br />

first loyalty program, was launched.<br />

Best Western has been well positioned to take<br />

advantage of the increases in visitor nights because<br />

the product meets both leisure and corporate needs.<br />

The increase in domestic travel was particularly<br />

welcome as people rediscovered the traditional<br />

driving holiday - a key market, with the majority of<br />

Best Western properties located on popular driving<br />

routes. Great <strong>Australia</strong>n Drives was developed<br />

along with other special interest products to cater<br />

to the diverse interests of guests.<br />

For corporate travel, Best Western’s global<br />

minimum standards including high speed internet<br />

have resulted in a strong position. Best Western<br />

leads the mid market accommodation sector which<br />

is comprised of hotels, motels, apartments and<br />

resorts.<br />

Globally and locally, Best Western’s vision is to<br />

lead the industry in superior customer care, while<br />

the Best Western mission is to enhance brand equity<br />

and increase member value.<br />

ACHIEVEMENTS<br />

In 50 years, the organisation has grown from 11 to<br />

more than 210 members in <strong>Australia</strong>. In 2007, Best<br />

Western <strong>Australia</strong> expanded the brand into the NZ<br />

territory with the highest quality properties.<br />

Since 2002, all Best Western properties around<br />

the globe offer BestRequests – frequently<br />

requested guest amenities and services – in<br />

addition to the already stringent global Quality<br />

Assurance program which involves over 200<br />

quality checks.<br />

Best Western launched the hotel industry’s most<br />

extensive and complete listing of properties on the<br />

internet in 1995, making it the largest hotel brand<br />

represented on the global computer network.<br />

Best Western <strong>Australia</strong> pioneered swipe<br />

technology in the hotel sector in 1998, providing<br />

the benchmark for all competitors.<br />

In 2002, Best Western rolled out MemberWeb,<br />

an internet based reservation system so property<br />

owners and managers could adjust rates and<br />

inventory at anytime from anywhere. Another<br />

component of this was BestCheque, a global<br />

guaranteed travel agent commission system which<br />

strengthens ties with the travel industry and grows<br />

business from this sector.<br />

In the same year a proposal was received from<br />

Best Western as it took the first step toward global<br />

expansion. In 1981, Homestead Motor Inns formally<br />

affiliated with Best Western. The name change from<br />

Homestead to Best Western was gradual. First came<br />

“Homestead – Best Western”, then “Best Western<br />

Homestead” and finally Best Western <strong>Australia</strong> was<br />

born on 15th March 1989. This put the ‘International’<br />

into ‘Best Western International’.<br />

Best Western remains a unique association<br />

owned by its members. As a marketing co-operative,<br />

revenue is spent on developing and enhancing the<br />

Best Western brand and promoting properties as<br />

well as offering increased services to members,<br />

rather than generating profit for external<br />

shareholders.<br />

Best Western has its corporate head office in<br />

North Sydney with some 40 employees nationally.<br />

In 2007, it changed its trading name to ‘Best<br />

Western Australasia’ in recognition of the recent<br />

expansion into the New Zealand market.<br />

THE PRODUCT<br />

Best Western is the world’s largest hotel<br />

company operating under a single brand with<br />

more than 4000 independently owned and<br />

operated hotels. It offers 309,562 quality<br />

guestrooms in 80 countries.<br />

Through Best Western, independent operators<br />

have access to benefits such as branding, sales<br />

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THE MARKET<br />

In an industry that collectively turns over in excess<br />

of $10 billion annually in <strong>Australia</strong>, Bing Lee<br />

continues to stand out as a market leader with an ex<br />

GST revenue for the 2006/7 financial year of $370<br />

million. This result is even more significant given<br />

the company only operates in NSW and ACT.<br />

Sales growth for the financial year 2006-2007 was<br />

14 per cent. During 2007 the company reported<br />

significant increases in sales for plasma and LCD<br />

TVs, notebooks and IT products, digital imaging<br />

and GPS navigation systems.<br />

According to General Manager Phil Moujaes,<br />

the biggest challenge facing the industry is the<br />

unprecedented<br />

pace at which<br />

technology<br />

is changing<br />

and the<br />

effect those<br />

changes will<br />

have on the<br />

market place<br />

including the<br />

need for<br />

ongoing<br />

staff training to keep pace with the new<br />

technologies.<br />

As consumers have an abundance of choice in<br />

today’s market and are far more product savvy,<br />

Moujaes believes retailers must provide a point of<br />

difference if they are to maintain their competitive<br />

edge. For Bing Lee, the main point of difference is it<br />

is still a privately owned family business and is<br />

committed to continuing to provide friendly and<br />

informative service. Along with Bing Lee’s famous<br />

negotiable prices, this ensures that the needs of<br />

the customer remain the number one priority.<br />

ACHIEVEMENTS<br />

Bing Lee has grown from humble beginnings and<br />

is one of the largest electrical retailers in the New<br />

South Wales (NSW) and <strong>Australia</strong>n Capital Territory<br />

(ACT) regions.<br />

Bing Lee celebrated its 50th anniversary in 2007<br />

highlighting the company’s longevity in a<br />

competitive market place. The number of outlets<br />

recently reached 33 and continues to grow,<br />

underlining that Bing Lee has established itself as<br />

one of the most iconic businesses in NSW and the<br />

ACT.<br />

Under the leadership of co-founder Ken Lee,<br />

Bing Lee has developed strong supplier<br />

relationships, many of which were established at<br />

the company’s inception in 1957. In such a<br />

competitive and ever-changing industry it is<br />

considered rare for a supplier-retailer relationship<br />

to continue for this length of time. Loyalty and<br />

trust are two of the primary factors to which<br />

suppliers, including Sharp, attribute their successful<br />

and long standing relationships with Bing Lee.<br />

HISTORY<br />

Bing Lee began when Bing, together with his son<br />

Ken, purchased an electrical repair business in the<br />

Western Sydney suburb of Fairfield in 1957.<br />

Together they turned the repair business into an<br />

electrical appliance retail and repair business trading<br />

under the name Bing Lee.<br />

With the launch of television in <strong>Australia</strong> during<br />

the late 1950s a surge in demand for television units,<br />

repairs and installations spurred Bing Lee’s initial<br />

growth. Over time the demand for additional<br />

household items including washing machines,<br />

cooking equipment, heaters and audio equipment<br />

also increased and Bing Lee expanded their product<br />

range to meet the needs of the communities in which<br />

the stores operated.<br />

As business grew the Bing Lee brand branched<br />

into similar working class locations opening stores<br />

in Cabramatta, Parramatta, Wollongong and<br />

Blacktown.<br />

In 1987, Bing Lee passed away aged 79 and Ken<br />

took over the company reins. Under his leadership<br />

the business grew rapidly, tapping into traditional<br />

locations whilst maintaining its ‘roots’ in the ethnic<br />

and immigrant communities that continued to<br />

contribute to the growth of Sydney’s western<br />

suburbs.<br />

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10/20/2007, 10:15 PM


THE MARKET<br />

Over the last 75 years, the <strong>Australia</strong>n way of life<br />

has continually changed and with it the role of the<br />

kitchen. Once the domain of the traditional<br />

housewife, the kitchen is now considered the heart<br />

of the home.<br />

Kitchen tools have evolved from basic utensils<br />

to perfectly engineered and beautifully designed<br />

electrical appliances, that save time and produce<br />

professional results.<br />

Trends in society have changed the way we<br />

prepare food at home. Multiculturalism has<br />

broadened the nation’s palate, resulting in the<br />

introduction of appliances like Breville’s electric wok<br />

and rice cooker.<br />

Food preparation has become entertainment.<br />

Top chefs have gained celebrity status and there is<br />

an ever-increasing number of magazines and<br />

television programs centred around preparing food<br />

at home.<br />

Consumers are emulating their favourite chefs<br />

and demanding superior kitchen appliances with<br />

the functionality to deliver consistent, professional<br />

results. Breville has combined this functionality with<br />

world-class design that compliments kitchen decor.<br />

Breville has responded to <strong>Australia</strong>n trends,<br />

developing stylish, quality appliances that meet<br />

the demands of our changing lifestyle.<br />

Breville’s continued commitment to innovation<br />

underpins its leadership position within the small<br />

appliance industry.<br />

ACHIEVEMENTS<br />

A standout achievement in Breville’s history is the<br />

scissor action sandwich toaster. When it was<br />

launched in 1974, it reached 10% of <strong>Australia</strong>n<br />

households in its first year of sale, making it one of<br />

the most successful new product launches ever in<br />

<strong>Australia</strong>. In fact, the term “Breville” is now part of<br />

the Aussie vernacular, often used when referring<br />

to the style of toasted sandwich it makes. It is even<br />

recognised in <strong>Australia</strong>’s Macquarie Online<br />

Dictionary!<br />

In late 1977, Breville revolutionised the kitchen<br />

with the launch of the Kitchen Wizz, <strong>Australia</strong>’s<br />

first direct drive food processor and to this day,<br />

Breville’s Kitchen Wizz remains amongst <strong>Australia</strong>’s<br />

best selling food-processors.<br />

For Breville, success has not been limited to<br />

<strong>Australia</strong>, with many Breville developed appliances<br />

enjoying success worldwide. For example, Breville<br />

developed the world’s first Juice Fountain TM , a<br />

juicer with a wide feed tube that removed the need<br />

to cut fruit and vegetables before juicing.<br />

It is Breville’s commitment to<br />

designing innovative appliances that<br />

solve every day needs that has seen<br />

Breville recognised with numerous design<br />

awards worldwide. The 800 Class Citrus<br />

Press, Juice Fountain and Ikon Espresso<br />

Machine have all received the<br />

prestigious <strong>Australia</strong>n Design Award.<br />

Recent international awards include Best<br />

in Category, Kitchen Electrics at the<br />

Housewares Design Awards in New York,<br />

the Chicago Athenaeum Good Design<br />

Award TM and the German iF Design<br />

Award. In addition to receiving design<br />

accolades, the Ikon Kinetix Blender, 800<br />

Class Citrus Press and Espresso Machine are on<br />

display at Sydney’s Powerhouse Museum, to<br />

demonstrate <strong>Australia</strong>n design skill and engineering<br />

ingenuity.<br />

HISTORY<br />

Any history of the Breville Company must<br />

inevitably be linked with the history of the man<br />

who founded and ran it for almost fifty years, W.J.<br />

(Bill) O’Brien.<br />

In 1932, O’Brien and good friend and fellow<br />

engineer, Harry Norville, decided to pool their<br />

resources and start their own business.<br />

It was on Melbourne Cup Day 1932 that “Breville<br />

Radio” was registered with a paid up capital of five<br />

hundred pounds. Breville is a derivative of their<br />

surnames, O’Brien-Norville. Breville Radio<br />

continued to grow and just three years after the<br />

company was established, it moved to larger<br />

premises at Elizabeth Street, Sydney (pictured<br />

above).<br />

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10/20/2007, 10:20 PM


THE MARKET<br />

The <strong>Australia</strong>n telecommunications market<br />

continues to be a dynamic and fast paced<br />

industry and has never been more fiercely<br />

contested with consumers enjoying many<br />

benefits especially in mobile and broadband<br />

markets.<br />

As the champion of competition Optus<br />

continues to deliver strong results in a<br />

challenging market, with innovative<br />

telecommunications packages and by<br />

creating a range of products for the home,<br />

business, corporate and government and<br />

wholesale sectors.<br />

Optus continues to challenge and push<br />

for sustainable growth by leading the market<br />

in innovation: providing new ways to use<br />

technology coupled with better service and<br />

convenience.<br />

Optus has invested over A$10 billion in network<br />

and infrastructure and has led innovation with<br />

breakthroughs such as the development of TV on<br />

your mobile, the Optus Zoo portal and Optus<br />

Wireless Connect card.<br />

ACHIEVEMENTS<br />

Mobile continues to be a focus within the company<br />

and the Optus mobile digital network continues to<br />

expand every year and now connects more than six<br />

million customers. However the growth of Optus<br />

goes beyond its 2G and 3G mobile network.<br />

Over the past couple of years Optus has<br />

continued to invest in state-of-the-art<br />

infrastructure, including its Unbundled Local Loop<br />

network, D-series satellites, Internet Protocol (“IP”)<br />

core, as well as its customer care systems to<br />

enhance the customer<br />

experience.<br />

As convergence<br />

between broadband<br />

and mobile<br />

technology continues,<br />

Optus is ensuring<br />

consumer’s needs are<br />

met by upgrading its<br />

mobile network to<br />

deliver data services<br />

using High Speed<br />

Downlink Packet<br />

Access (HSDPA).<br />

This investment<br />

ensures that Optus<br />

can offer more leading<br />

edge products and<br />

services.<br />

Optus continues to deliver high speed<br />

broadband internet services, telephony and<br />

subscription television from its own HFC network<br />

as well as rolling out its ADSL2+ exchanges via the<br />

Unbundled Local Loop (ULL) through the<br />

incumbent’s copper network, across the country<br />

bringing competitive services to more customers.<br />

Optus is <strong>Australia</strong>’s only satellite owner and<br />

operator with over twenty years experience<br />

delivering satellite services across the length and<br />

breadth of <strong>Australia</strong>.<br />

Optus expanded its fleet in October 2006 with<br />

the launch of the D1 satellite, the first of the latest<br />

generation Optus D-series satellites – providing<br />

fixed communication<br />

and direct television<br />

broadcast services to<br />

<strong>Australia</strong> and New<br />

Zealand.<br />

Optus’ D2 satellite<br />

is expected to be<br />

launched later this<br />

year and a third D-<br />

series satellite is set<br />

to be delivered in<br />

2009.<br />

HISTORY<br />

Optus commenced<br />

operations in 1992,<br />

winning the second<br />

carrier licence to<br />

become the first private sector company to<br />

challenge Telstra’s monopoly on <strong>Australia</strong>n<br />

telecommunications.<br />

In 1998, Cable & Wireless PLC, who had<br />

been a significant shareholder ever since the<br />

company started, became the majority<br />

shareholder. On November 17 of that year,<br />

the company was listed on the <strong>Australia</strong>n<br />

Stock Exchange as Cable & Wireless Optus<br />

Limited.<br />

In 2000, Cable & Wireless PLC’s long term<br />

strategy had shifted away from supplying<br />

broad based telecommunications<br />

products and CWO was therefore no longer<br />

a core business.<br />

On September 2001, SingTel, the Singaporebased<br />

Asia Pacific regional communications<br />

leader, became the new owner of Optus and<br />

announced that the company would continue to<br />

trade in <strong>Australia</strong> under the Yes Optus banner.<br />

Today, Optus continues to contribute as a<br />

significant member of Asia’s leading communication<br />

company. SingTel and Optus now jointly provide<br />

the global reach and scale, excellent quality and<br />

range of services, reliability as well as stability for<br />

customers.<br />

THE PRODUCT<br />

Optus provides services to over six million<br />

<strong>Australia</strong>n customers every day, providing<br />

telephony, mobile, high speed internet, data<br />

communications, subscription television and<br />

satellite services.<br />

Optus continues to strongly challenge other<br />

mobile operators for market leadership. As mobile<br />

penetration approaches 100 per cent saturation<br />

Optus continues to defend its market position by<br />

increasing its mobile subscriber base to over six<br />

million. Mobile data continues to grow with the<br />

launch of 3G and text messages continue to be an<br />

area of growth especially with the youth market.<br />

What’s more, Optus is committed to the<br />

continuous improvement of coverage, call quality<br />

and data transmission. As mobile and data<br />

technology merge and the convergent revolution<br />

takes place, Optus is positioned to lead customer<br />

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10/21/2007, 4:29 AM


THE MARKET<br />

<strong>Australia</strong>ns enjoy treating themselves with<br />

confectionery. Chocolate accounts for more<br />

than 57 per cent of all confectionery sales in<br />

<strong>Australia</strong> with an annual retail value of over<br />

$1.7 billion. Cadbury is the biggest player in<br />

chocolate confectionery in <strong>Australia</strong>, with<br />

market leadership in chocolate and total<br />

confectionery 1 .<br />

Confectionery is often purchased on<br />

impulse, and almost 46 per cent of all chocolate<br />

buyers are within the 35 – 54 year age group 1.<br />

Women generally buy more chocolate than<br />

men. Women in the 25 – 39 and 40-54 age groups<br />

are the highest buyers of Cadbury® chocolate<br />

bars 2 . These are usually purchased for self<br />

consumption.<br />

ACHIEVEMENTS<br />

Cadbury is one of the largest chocolate<br />

producers in the world. Since the merger with<br />

Schweppes in 1969, Cadbury Schweppes has<br />

become a major force in international markets. This<br />

position has more recently been fortified by the<br />

acquisition of Adams Confectionery and The<br />

Natural Confectionery Co.<br />

Cadbury spans the globe from its British base,<br />

also operating major businesses across the Asia<br />

Pacific region, including <strong>Australia</strong> and New<br />

Zealand, as well as in the Americas, Europe,<br />

Middle East and Africa.<br />

In <strong>Australia</strong>, Cadbury brands lead<br />

the chocolate confectionery<br />

market with Cadbury Dairy Milk®.<br />

Cadbury Rocky Road represents<br />

the most successful launch in 2006<br />

in the <strong>Australia</strong>n block chocolate<br />

market 3 . Three generations of<br />

<strong>Australia</strong>ns have grown up with the<br />

Cadbury range.<br />

HISTORY<br />

The Cadbury story started in a small grocery shop<br />

in Birmingham, England, opened in 1824 by John<br />

Cadbury, a Quaker. The shop’s most popular<br />

product was cocoa and this led John Cadbury to<br />

move into chocolate manufacturing.<br />

Realising the potential of his business, John<br />

Cadbury and his brother Benjamin formed a<br />

company, Cadbury Brothers. In 1853, they received<br />

the Royal Warrant as manufacturers to Queen<br />

Victoria.<br />

John Cadbury’s sons George and Richard took<br />

control of the business in 1861 and, in 1866,<br />

introduced a new method from Holland for pressing<br />

the cocoa butter from cocoa beans to form cocoa<br />

essence, which was advertised as ‘Absolutely pure<br />

– therefore best’. They produced many new kinds<br />

of chocolates.<br />

Richard Cadbury introduced<br />

ambitious and attractive<br />

designs. He used children<br />

as models and<br />

sometimes<br />

depicted<br />

flowers or<br />

scenes from<br />

holiday journeys.<br />

In 1905 came the launch of Cadbury Dairy<br />

Milk, now the company’s flagship brand. It<br />

was manufactured by a unique process which<br />

used fresh milk in greater quantities than was<br />

previously the case in English chocolate. Of the<br />

three names considered for this new brand –<br />

‘Jersey’, ‘Highland Milk’ and ‘Dairymaid’ – the last<br />

two were amalgamated to form ‘Dairy Milk’. The<br />

Cadbury purple house colour was introduced<br />

at the beginning of the century and by the<br />

1920s was firmly established as Cadbury’s<br />

corporate colour.<br />

In 1919, Cadbury merged with the wellknown<br />

confectionery firm of J.S. Fry & Sons.<br />

The alliance was an outstanding success, and<br />

the new company expanded internationally. In<br />

the 1920s, Cadbury and Fry decided to build a<br />

factory in <strong>Australia</strong> and were joined by Pascall,<br />

another well known confectionery maker. This<br />

new <strong>Australia</strong>n company was called ‘Cadbury-<br />

Fry and Pascall’. Claremont in Tasmania was<br />

chosen for the company’s <strong>Australia</strong>n factory,<br />

because it was close to Hobart and to the finest<br />

dairy pasture in <strong>Australia</strong>, and enjoyed pure air<br />

and moderate temperatures. Cadbury became<br />

the official supplier of chocolate to the<br />

<strong>Australia</strong>n Armed Forces in World War II. The<br />

supply of chocolate to the troops and civilians<br />

required a tremendous effort from Cadbury’s<br />

workers. The Claremont factory worked<br />

throughout the day and well into the night, but the<br />

civilian population still suffered from chocolate<br />

shortages, and stores sometimes went without<br />

chocolate for months at a time.<br />

In 1967 Cadbury acquired MacRobertsons, a<br />

respected <strong>Australia</strong>n confectionery manufacturer<br />

founded in 1880. This move gave Cadbury a major<br />

manufacturing base at Ringwood, Victoria and a<br />

range of unique brands including Cherry Ripe®<br />

and Freddo® Frog, which have become household<br />

names.<br />

In 1969, Cadbury merged with Schweppes<br />

<strong>Australia</strong> to create Cadbury Schweppes. Since then,<br />

Cadbury has acquired the Red Tulip confectionery<br />

company and has expanded its range of fine<br />

products to include the Europe® range of health<br />

bars, the enormous array of Red Tulip® Easter lines,<br />

and famous confectionery brands<br />

including After Dinner Mints.<br />

THE PRODUCT<br />

Cadbury’s core product is top quality<br />

chocolate. The Cadbury Dairy Milk<br />

block is the company’s flagship<br />

product, but there are many other<br />

favourites including Fruit & Nut,<br />

Hazel Nut, Snack® and<br />

Caramello®, as well as Old Gold®<br />

in dark chocolate and Dream® in<br />

white. Cadbury produces a variety of boxed<br />

chocolate assortments, most notably Roses® and<br />

Favourites.<br />

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THE MARKET<br />

<strong>Australia</strong> has for a long time been a nation of proud<br />

beer drinkers. In recent years, there has been a shift<br />

from this tradition, with consumer repertoire<br />

increasing in range and brands. Wine, premium<br />

beers and ready-to-drink products are now regularly<br />

mixed and matched for different occasions.<br />

Although our choices are broadening, the<br />

largest segment of the alcohol market continues to<br />

be mainstream beer. Having a few beers with mates<br />

remains a much-enjoyed part of socialising in<br />

<strong>Australia</strong>. The mainstream beer category growth<br />

has reached a plateau in recent years, however<br />

Carlton Draught is growing against the trend.<br />

ACHIEVEMENTS<br />

Carlton Draught has over the past seven years risen<br />

from being Victoria’s tap beer to one of the fastest<br />

growing mainstream beer brands in <strong>Australia</strong>.<br />

Carlton Draught’s “The Big Ad” represents a<br />

series of firsts for the <strong>Australia</strong>n beer industry. Part<br />

of the “Made from Beer” campaign, it was the first<br />

beer ad of such an enormous scale in <strong>Australia</strong> and<br />

the business’s first ad launched online. It was also<br />

<strong>Australia</strong>’s first beer ad to use Vividas full screen<br />

online streaming technology. This meant beer fans<br />

could view the commercial in exceptional quality<br />

on their computer screens. The Big Ad was also<br />

the first <strong>Australia</strong>n advertisement to use cinematic<br />

crowd generation software, known as ‘Massive’,<br />

to produce the thousands of robed actors in the<br />

commercial.<br />

The achievements from launching the campaign<br />

online were unparalleled. Within 24 hours of going<br />

live, The Big Ad had already been viewed 160,000<br />

times. By the time it aired nationally on television,<br />

the ad had been viewed online an amazing 1.2 million<br />

times. Now more than three million viewings have<br />

taken place.<br />

The beer itself has received accolades, voted<br />

best draught beer two years running (2005 & 2006)<br />

at the <strong>Australia</strong>n Liquor Industry Awards.<br />

HISTORY<br />

The history of Carlton Draught is integral to the<br />

brand’s credibility and the source of much consumer<br />

confidence. With history dating back to the 1860s,<br />

the Carlton brand has been synonymous with beer<br />

since colonial times.<br />

The Carlton Brewery was founded in 1864, with<br />

the bluestone Brewery complete with 80 square feet<br />

of stables to house the now legendary Carlton<br />

Clydesdales. The clip clop of their hooves was a<br />

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THE MARKET<br />

Colonial First State has been helping investors –<br />

retail, wholesale and institutional – with their<br />

investment needs since 1988. In that time, Colonial<br />

First State has become one of <strong>Australia</strong>’s leading<br />

wealth management brands, managing and<br />

administering more than A$120 billion on behalf of<br />

over 700,000 investors in <strong>Australia</strong> and globally.<br />

At the retail investor level, Colonial First State<br />

gains the majority of its business through financial<br />

advisers. They go through a financial needs<br />

analysis process with their clients and may<br />

recommend Colonial First State’s products and<br />

services. With institutional clients, Colonial First<br />

State deals with Industry and Corporate super<br />

funds, insurance companies, governments,<br />

charities and foundations, schools and universities.<br />

Over the past twenty years, the managed fund<br />

industry has grown astronomically from less than<br />

A$140 billion to over A$1 trillion. In the last ten<br />

years or so, superannuation has become the primary<br />

means of providing for retirement, and <strong>Australia</strong>ns<br />

have sought to increase their wealth through the<br />

professional management, diversification and cost<br />

effectiveness that managed funds can provide.<br />

Up until relatively recently, investors seeking<br />

diversification had to invest with several different<br />

investment managers. To overcome this<br />

administrative difficulty, ‘investment platforms’<br />

evolved. These platforms provide a choice of<br />

managed funds from different investment managers<br />

plus consolidated trading and reporting. These<br />

were complex in structure at the beginning. To<br />

address this, Colonial First State launched<br />

‘FirstChoice’ in 2002, a ‘category killer’<br />

portfolio management service which<br />

revolutionised the platform<br />

industry.<br />

ACHIEVEMENTS<br />

Colonial First State has been a highly recognised<br />

investment manager from its early operations in<br />

1988. After receiving several awards for its<br />

<strong>Australia</strong>n share investment management, it<br />

became Money Management’s Fund Manager of<br />

the Year in 1996, and has won a major ‘Fund<br />

Manager of the Year’ award five times – Money<br />

Management 1996, 1998, 1999, and Personal<br />

Investor 2002 and 2005.<br />

The breadth of Colonial First State’s investment<br />

management expertise can be seen in the number<br />

of individual awards the company has collected<br />

over the years. Colonial First State is one of<br />

<strong>Australia</strong>’s most consistently awarded investment<br />

managers, winning 30 major fund manager awards<br />

over the last 5 years to 2007.<br />

In more recent times, investors and their financial<br />

advisers have been placing increased importance<br />

on efficient administration, reporting and online<br />

functionality. Colonial First State’s FirstChoice<br />

platform leads the market in efficient administration,<br />

which is one of the reasons why the ASSIRT/<br />

Wealth Insights Adviser Market Trends Report<br />

(2006) found that half of those financial advisers<br />

surveyed used FirstChoice to meet the<br />

investment needs of their clients.<br />

HISTORY<br />

In 1993, you could have<br />

bought State Bank’s<br />

funds management<br />

business, First<br />

State, for a<br />

few million dollars. In 1994, it was sold cheaply by<br />

the NSW Government owner. Yet almost by<br />

accident, in a few short years after it was acquired<br />

by Colonial, it became the <strong>Australia</strong>n financial<br />

markets success story of the 1990s. By the dawn of<br />

the new century, the funds manager was the focal<br />

point of the Commonwealth Bank’s successful bid<br />

for Colonial.<br />

In the following years it was renamed Colonial<br />

First State Investment Managers (Colonial First<br />

State) and came to be regarded as being without<br />

peer among <strong>Australia</strong>n share fund managers.<br />

In more recent times, two businesses have been<br />

behind the Colonial First State brand. The new<br />

investment management division, Colonial First<br />

State Global Asset Management is pursuing a<br />

global growth strategy, and Colonial First State<br />

Investments focuses on the <strong>Australia</strong>n retail market.<br />

THE PRODUCT<br />

Colonial First State’s product range spans<br />

investments, superannuation, retirement and<br />

margin lending. Its broad investment management<br />

expertise extends across <strong>Australia</strong>n and global<br />

shares, cash, fixed interest and credit, property<br />

securities, hedge funds, direct property, private<br />

equity, global resources and infrastructure.<br />

With its investment management capabilities,<br />

Colonial First State Global Asset Management<br />

employs more than 190 investment professionals<br />

located in Sydney, London, Auckland, Edinburgh,<br />

New York, Singapore, Hong Kong and Jakarta. It’s<br />

also represented in Beijing and Shenzen through<br />

the First State Cinda joint venture.<br />

FirstChoice, Colonial First State’s portfolio<br />

management service, is available in four categories<br />

– investments, personal super, employer super and<br />

pensions. The key tenets behind the success of<br />

FirstChoice – growing to over $40 billion in funds<br />

under administration in only 5 years – are great<br />

value for money, exceptional customer service and<br />

relevant investment choice of both well-known<br />

investment brands and specialist boutiques. In the<br />

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10/21/2007, 1:30 AM


THE MARKET<br />

The <strong>Australia</strong>n cosmetics and toiletries retailing<br />

market is worth around $1,780 million per annum<br />

having been boosted by healthy household<br />

consumption expenditure levels on cosmetics,<br />

perfumes, soap products and other toiletries in<br />

recent years. In 2007/08 the industry is expected to<br />

grow at a rate of 4 per cent and generate revenues<br />

of $1,850 million.<br />

Industry analysts anticipate continued growth<br />

in the value of the toiletries market, as the consumer<br />

base is continually expanding to both younger and<br />

older customers. Skin care is the sector expected<br />

to show the best rate of growth as technological<br />

advances promise the youthful appearance craved<br />

by all.<br />

The three market sectors in which Crabtree &<br />

Evelyn competes are buoyant, as consumers<br />

increasingly seek products to indulge and restore<br />

themselves. It operates in Health and Beauty,<br />

(including soaps, bath and shower gels, spa, body<br />

lotions and creams as well as the recent introduction<br />

of hand and foot treatments); Home Fragrance,<br />

(including candles, room sprays and draw liners);<br />

and Fine Foods, (including marmalade, preserves,<br />

teas and biscuits).<br />

ACHIEVEMENTS<br />

Crabtree & Evelyn’s strategic goal has been to<br />

establish its name as one of the most familiar and<br />

respected personal care brands in the world. Today<br />

the company has a presence in 40 countries<br />

including the UK, US, Canada, Mexico, most of<br />

Western Europe, the Middle East, Far East,<br />

<strong>Australia</strong>, and New Zealand.<br />

Crabtree & Evelyn products are sold in<br />

approximately 350 stores worldwide, with 25 stores<br />

in <strong>Australia</strong> and online shopping facilities through<br />

www.crabtree-evelyn.com.au. Selected products<br />

are also available in major department stores and<br />

specialty retailers.<br />

Selected Crabtree & Evelyn products hold the<br />

Royal Warrant from H.R.H. The Prince of Wales, in<br />

recognition of its services as a supplier of fine<br />

toiletries.<br />

A significant milestone for Crabtree & Evelyn<br />

was the launch of its first ever patent-pending<br />

product, Hand Recovery, in 2002. This<br />

revolutionary treatment product exfoliates,<br />

cleanses and conditions in one simple step to give<br />

soft and smooth hands within 60 seconds. The<br />

benefit-driven Hand Recovery product was an<br />

instant hit and has brought more<br />

customers back through the<br />

door than any other product<br />

in recent years. The Hand<br />

Recovery is available in the<br />

four of Crabtree & Evelyn’s<br />

most popular ranges –<br />

Gardeners, La Source,<br />

Goatmilk and Jojoba.<br />

HISTORY<br />

Many people are<br />

curious about the<br />

brand’s name. It is inspired by the 17th Century<br />

renaissance Englishman John Evelyn, who wrote<br />

one of the first important works on conservation.<br />

He is also known for his writings on food including<br />

a book on salads, in which he introduced the first<br />

salad dressing made with olive oil to Europe. The<br />

Crabtree or Wild Apple symbol is native to Britain<br />

and the ancestor of all cultivated apple trees. It<br />

was highly prized for its beauty as well as its<br />

usefulness in home apothecary.<br />

The foundation of Crabtree & Evelyn products<br />

are influenced by the English ‘still rooms’ of the<br />

17th Century, where the lady of the house would<br />

distill fresh flowers, herbs and fruits to create<br />

fragrant waters for the bath, soothing essences for<br />

the skin and fruit preserves and sauces for the<br />

kitchen. To this day, it is this unique relationship to<br />

the garden and nature that Crabtree & Evelyn<br />

diligently seeks to preserve - Englishness is one of<br />

the core values of the brand.<br />

Crabtree & Evelyn originated from a single, family<br />

run store in Boston, Massachusetts, specialising<br />

in soaps. Crabtree & Evelyn prides itself on the<br />

fact that long before the ‘natural’ and ‘wellness’<br />

movements became popular in the cosmetics and<br />

toiletries industry, Crabtree & Evelyn was<br />

producing ranges featuring fruit, flower and plant<br />

essences.<br />

Crabtree & Evelyn believes that each age has<br />

its own wisdom to contribute to that body of<br />

knowledge that it calls heritage. That is why<br />

innovation is also a long standing tradition at<br />

Crabtree & Evelyn. In creating each new generation<br />

of products, it continues to draw upon its rich<br />

heritage and accumulated knowledge of plants and<br />

botanicals, while making use of emerging<br />

technologies to produce the purest and most<br />

effective products possible for its customers.<br />

THE PRODUCT<br />

In bath and body care, Crabtree & Evelyn uses<br />

extracts, oils and essences of flowers, fruits and<br />

herbs, not only for their fragrance but also for their<br />

time tested natural benefits. For the home, candles,<br />

linen and room sprays, draw liners and fragrance<br />

diffusers are designed to lightly scent each room<br />

with a favourite fragrance. Decorative accessories<br />

accentuate any room with exclusive designs.<br />

Gourmet foods made with the freshest ingredients<br />

recreate time tested recipes from England and<br />

Europe. Hand made English preserves, biscuits and<br />

teas bring a touch of delicious taste at any time of day.<br />

A specialty that Crabtree & Evelyn is famous<br />

for is its extensive collection of gifts. Special<br />

touches include exquisite hatboxes that feature<br />

decorative watercolour motifs of flowers, fruits and<br />

plants, sealed with silk ribbons and Bijou boxes<br />

that open like lotus flowers, as well as<br />

monogrammed shave keys for men. All these little<br />

things ensure that each gift can be treasured long<br />

after the contents are finished. Whether treating<br />

oneself or another, Crabtree & Evelyn’s gifts are<br />

always designed to surprise and delight; a gift from<br />

Crabtree & Evelyn always shows impeccable taste.<br />

RECENT DEVELOPMENTS<br />

Crabtree & Evelyn is constantly improving its<br />

product ranges and launching innovative new<br />

products to create more cohesive collections,<br />

building on its proven strengths of quality and<br />

originality.<br />

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THE MARKET<br />

Whether sharing with friends, giving as a gift or<br />

savouring a well-earned treat, confectionery is<br />

enjoyed by nine out of ten <strong>Australia</strong>ns regularly.<br />

Milk chocolate is still the most popular variant,<br />

followed by dark then white chocolate. A notable<br />

trend is the increasing number of people switching<br />

to dark chocolate – this is due to the growing taste<br />

for dark chocolate, plus it is seen as the ‘healthier’<br />

alternative as it is higher in antioxidant flavonoids<br />

than milk chocolate.<br />

Darrell Lea is one of only a handful of chocolate<br />

manufacturing retailers in <strong>Australia</strong>, and the world.<br />

Having their own network of retailing stores allows<br />

them to have the highest level of control over quality<br />

and presentation of their products, whilst ensuring<br />

that their customers receive an exceptional level of<br />

service and attention.<br />

ACHIEVEMENTS<br />

From humble beginnings selling confectionery from<br />

a pushcart, Darrell Lea now has a national presence<br />

of more than 1000 company owned stores and<br />

partner outlets across <strong>Australia</strong>, whilst employing<br />

more than 1000 people to support national and<br />

international operations.<br />

In 2000 the company expanded<br />

into the export market with their first<br />

shipment of liquorice to North<br />

America. Darrell Lea liquorice is now<br />

sold in over 10,000 outlets around the<br />

world, largely in the key markets of<br />

the US, UK and Canada. In just four<br />

years liquorice exports have grown<br />

to 12% of total revenue.<br />

With demand for their unique Soft<br />

Eating Liquorice<br />

continuing to grow,<br />

the company has<br />

been credited with<br />

creating a new soft<br />

eating niche category<br />

within the global<br />

liquorice market.<br />

In 2007, Darrell<br />

Lea celebrates its<br />

80th birthday. The<br />

company remains a<br />

100% wholly owned<br />

(4th generation)<br />

<strong>Australia</strong>n family<br />

business.<br />

HISTORY<br />

The origins of the Darrell Lea company started in<br />

the early 1900s when Harry Lea mastered the art of<br />

confectionery making in Perth with his first creation,<br />

Bulgarian Rock, which he sold in a simple street<br />

pushcart.<br />

Harry then established a fruit and vegetable shop<br />

in Sydney’s Manly area. But as the Great Depression<br />

approached and business dwindled, particularly<br />

during the winter, Harry and his family started to<br />

cook Bulgarian Rock and Peanut Brittle at the back<br />

of the fruit shop. It<br />

was an instant hit!<br />

In 1927 the first<br />

dedicated confectionery<br />

shop (named<br />

after Harry’s<br />

youngest son –<br />

Darrell) was opened<br />

in Sydney’s Haymarket.<br />

On most days<br />

the shop sold out by<br />

early afternoon and<br />

the family started<br />

cooking in the<br />

kitchen out the back<br />

for the next day.<br />

During the<br />

Depression years of the 1930’s the company<br />

expanded its Sydney stores. Confections were<br />

delivered to these stores twice a day, originally by<br />

horse and cart and later by Model T Ford.<br />

The 1950’s saw Darrell Lea’s iconic Rocklea<br />

Road® made for the first time from the Lea family<br />

recipe. In 1957 the now famous Darrell Lea shop on<br />

the corner of King and George Street in Sydney<br />

was opened as the NSW flagship store. In the same<br />

year the family first developed and sold their unique<br />

Soft Eating Liquorice.<br />

Business continued to prosper and a large<br />

factory was established in Kogarah, NSW. By this<br />

time flagship stores had opened in the key<br />

metropolitan cities. They are all still operational to<br />

this day.<br />

On October 30, 1980, a disastrous<br />

fire destroyed 90% of the manufacturing<br />

facilities at Kogarah. By<br />

1982 the factory was rebuilt and<br />

equipped with new, modern<br />

machinery. Manufacturing is still<br />

carried out at this site today.<br />

The 1990s saw new stores<br />

continue to be opened around<br />

<strong>Australia</strong>, as Darrell Lea underwent<br />

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10/21/2007, 1:44 AM


THE MARKET<br />

<strong>Australia</strong>n owned and operated,<br />

Domino’s Pizza Enterprises Limited<br />

(“Domino’s”) and its franchisees<br />

operate more than 660 stores across<br />

<strong>Australia</strong>, New Zealand, France,<br />

Belgium and the Netherlands.<br />

Across these markets, the<br />

Company and its franchisees<br />

employ more than 16,000 casual and<br />

full-time staff, making over 60<br />

million pizzas each year.<br />

Domino’s operates within the<br />

Quick Service Restaurant (QSR)<br />

pizza segment of the fast food<br />

market. According to Euromonitor,<br />

the <strong>Australia</strong>n fast food market grew<br />

from $7,763 million in 2000 to an<br />

estimated $9,030 million in 2004 and<br />

is estimated to grow to $10,287<br />

million by 2008.<br />

Domino’s estimates the value of the <strong>Australia</strong>n<br />

pizza market, comprising QSR outlets, small chains<br />

and independents, at more than $1.6 billion. The<br />

<strong>Australia</strong>n QSR pizza market was estimated by BIS<br />

Shrapnel to be worth more than $663 million in 2004,<br />

equating to approximately 40% of the <strong>Australia</strong>n<br />

pizza market and approximately 7.3% of the total<br />

<strong>Australia</strong>n fast food market.<br />

<strong>Australia</strong>’s only publicly-listed pizza chain,<br />

Domino’s Pizza Enterprises Ltd is the largest<br />

international franchisee for Domino’s Pizza Inc; a<br />

global brand founded by Thomas and James<br />

Monaghan in 1960 in the United States. Domino’s<br />

Pizza Inc is the recognised leader in pizza delivery,<br />

operating a network of over 8,000 stores in more<br />

than 50 countries.<br />

ACHIEVEMENTS<br />

Since its inception, Domino’s has delivered a series<br />

of products and innovations which have<br />

revolutionised the <strong>Australia</strong>n pizza industry.<br />

Pizza Delivery<br />

Domino’s was the first in <strong>Australia</strong> to introduce<br />

home pizza delivery in 1980. This concept soon<br />

proved extremely popular, prompting competitors<br />

to follow suit.<br />

Hot Cell Bags<br />

Introduced in 2000, Domino’s’ Hot Cell bags were<br />

<strong>Australia</strong>’s first electronic hot bags for pizza delivery.<br />

Using a patented state-of-the-art heating element<br />

and special insulation material, Domino’s Hot Cell<br />

works like a portable oven ensuring pizza is delivered<br />

up to 20 per cent hotter.<br />

Classic Crust<br />

Designed to fill the gap between Deep Pan and<br />

Thin ‘n’ Crispy bases, the Classic Crust was<br />

introduced in 2002 by Domino’s CEO Don Meij.<br />

The pizzeria-style crust now<br />

accounts for almost half of all<br />

Domino’s sales.<br />

Pizza College<br />

Domino’s has partnered with<br />

the Gold Coast Institute of<br />

TAFE and its corporate<br />

business division, OSR<br />

Business Solutions, to offer<br />

Domino’s team members<br />

accredited training courses<br />

and nationally recognised<br />

qualifications. This initiative<br />

has been designed to drive<br />

performance, support<br />

personal and professional<br />

growth and enhance<br />

relationships among employees,<br />

customers and partners.<br />

Partners Foundation<br />

The Partners Foundation is the<br />

Company’s internal charity,<br />

assisting team members in times of<br />

tragedy. The Foundation has<br />

donated more than $240,000 to over<br />

100 team members who have fallen<br />

on hard times. The Partners<br />

Foundation reflects Domino’s<br />

culture of camaraderie, passion, and<br />

support.<br />

Domino’s Luv Lab<br />

The Domino’s Luv Lab is<br />

<strong>Australia</strong>’s first dedicated pizza<br />

research and development kitchen.<br />

The Luv Lab specialises in<br />

designing systems, food and<br />

equipment, and ensures quality,<br />

consistency, efficiency and safety<br />

across all stores by focusing on quality assurance<br />

and occupational health and safety.<br />

Internet and Mobile Phone Ordering<br />

Domino’s launched mobile phone ordering in<br />

September 2005, allowing pizza lovers to order on<br />

the run. Shortly afterwards, it became the first major<br />

pizza chain to offer its customers nationally the<br />

convenience of ordering online. Customers can also<br />

watch the progress of their pizzas online in real<br />

time with a special “anticipation clock”.<br />

First Listed Pizza Maker<br />

In May 2005, Domino’s became the first <strong>Australia</strong>n<br />

pizza maker to list on the <strong>Australia</strong>n Stock Exchange.<br />

This move helped to spur Domino’s’ expansion into<br />

new markets, including New Zealand and Europe.<br />

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10/22/2007, 3:58 PM


THE MARKET<br />

More than 58 million books were sold in <strong>Australia</strong><br />

last year (2006) with a value of just over $1.1 billion<br />

representing over 320,000 titles. Dymocks has a<br />

large and growing share of this market.<br />

With 74 stores in <strong>Australia</strong>, the Dymocks group<br />

represents some 16% of the book retail market.<br />

The Dymocks website attracts some 11,000<br />

visitors every day! It also features the<br />

merchandising and marketing strategies of the<br />

Dymocks stores. The www.dymocks.com.au<br />

website is a successful and growing sales channel<br />

and according to Hitwise (June 2007) the Dymocks<br />

website annually ranks in the top two websites<br />

within the category of <strong>Australia</strong>n book sellers.<br />

ACHIEVEMENTS<br />

Dymocks Booksellers currently have 74 stores<br />

across <strong>Australia</strong>. The Dymocks store which opened<br />

in Hobart, Tasmania in 2000 made Dymocks truly<br />

national with Dymocks in every state and territory.<br />

The past five years have seen Dymocks expand<br />

internationally to a total of 5 book stores in New<br />

Zealand and 11 in Hong Kong. Overall, there are 90<br />

Dymocks stores. This has been a<br />

significant achievement for<br />

Dymocks, with plans to keep<br />

expanding both within <strong>Australia</strong><br />

and overseas.<br />

There are flagship stores in all<br />

State capital CBDs . These stores,<br />

along with expansion into key<br />

metropolitan and regional centres,<br />

are part of an overall brand<br />

strategy to consolidate Dymocks’<br />

market presence.<br />

The merchandising and<br />

marketing strategy provides<br />

focus for Dymocks based on<br />

proven retail principles and it<br />

continues to support Dymocks’<br />

position well into the future.<br />

Dymocks partnership alliances<br />

with credible and well-respected<br />

businesses continue to be<br />

successful for example SBS, with<br />

an SBS display in every Dymocks<br />

store; The <strong>Australia</strong>n Stock<br />

Exchange and ABC Centres in a<br />

number of stores.<br />

HISTORY<br />

The grand Dymocks George Street<br />

store, built in 1930, is Sydney’s<br />

greatest bookstore. Its origins began in 1879 when<br />

young William Dymock commenced business as a<br />

bookseller in nearby Market Street. As his business<br />

grew, he moved to larger and grander premises until,<br />

in the 1890s, he had a million books in stock. William<br />

Dymock died in his thirty-ninth year. Unmarried<br />

and childless, he left the business to his sister<br />

Marjory, who was married to John Forsyth. From<br />

that time onwards, the Forsyth family has managed<br />

Dymocks.<br />

In 1981, John Forsyth, William Dymock’s great<br />

grand nephew, decided to take over the company,<br />

selling his own successful printing and publishing<br />

business. After investigating book retailing around<br />

the world, he implemented major changes to the<br />

old store. Specially designed gondolas and displays<br />

were built, colour corrected lighting was introduced<br />

and the most sophisticated computerised customer<br />

enquiry service for books in the English speaking<br />

world was developed and installed.<br />

In 1986, the Dymocks Franchise System was set<br />

up, allowing people to have their own piece of this<br />

great bookselling tradition. At the same time,<br />

www.dymocks.com.au was being developed as the<br />

most successful <strong>Australia</strong>n bookselling site and<br />

consistently one of the most visited sites on the<br />

Internet. It is a reaffirmation of the Dymocks history<br />

of applying modern retailing techniques to a proud<br />

century-old tradition.<br />

THE PRODUCT<br />

As a family owned business and the oldest<br />

<strong>Australia</strong>n owned book store, Dymocks prides itself<br />

on meeting the book buying needs for all<br />

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THE MARKET<br />

<strong>Australia</strong>ns are unplugged. They play,<br />

communicate, calculate and plan all with<br />

the help of portable power. Energizer®<br />

batteries power the lifestyle of this on-thego<br />

society. In fact, the average <strong>Australia</strong>n<br />

household owns more than ten batteryoperated<br />

devices, and that number<br />

continues to climb. In a technological game<br />

of leapfrog, devices evolve as battery<br />

power improves and battery power<br />

improves to make way for the next<br />

evolution of gadgets and gizmos.<br />

More devices with added bells and<br />

whistles are certainly one trend that drives<br />

the category. Smaller devices are another.<br />

For example, music machines once the size<br />

of a small suitcase now fit in the palm of<br />

the hand. This trend toward<br />

miniaturisation has made AA and AAA size<br />

batteries the workhorses of the category,<br />

making up more than half of the battery<br />

market.<br />

In short, there is an ever-increasing<br />

demand for reliable batteries that can keep pace<br />

with today’s mobile lifestyles. Energizer continues<br />

to be the leading premium alkaline power source<br />

that “never says die”.<br />

ACHIEVEMENTS<br />

Energizer invented alkaline batteries in the late 1950s<br />

and has continued to enhance them over the years.<br />

Since 1960, the service life of an Energizer battery<br />

has improved dramatically. Anticipating the trend<br />

toward high-tech devices, Energizer led the<br />

industry in designing batteries to meet the power<br />

requirements of these sophisticated devices.<br />

The company continues to innovate in all<br />

segments of the battery category. Energizer was<br />

the first company to design and introduce a superpremium<br />

battery, the Energizer® e²; harness the<br />

power of lithium in a AA cell size; and to<br />

revolutionise the rechargeable category when it<br />

introduced high-powered Nickel Metal Hydride<br />

(NiMH) cells.<br />

Energizer is the world’s largest manufacturer of<br />

batteries and portable lighting products.<br />

Energizer products are distributed in more than<br />

160 countries and the company manufactures<br />

nearly one out of three batteries sold in the world.<br />

HISTORY<br />

More than a century ago in the 1890s, Joshua Lionel<br />

Cohen began selling his latest invention. This was<br />

a tiny battery-and-bulb device used to illuminate<br />

flowers in a pot, and Conrad Hubert, who operated<br />

a New York City restaurant, was so impressed that<br />

he quit his job to sell the devices for Cowen. When<br />

the power failed in a restaurant where Hubert<br />

had just installed the flowerpots, he had an<br />

inspiration—put the “flowerpot lights” in<br />

people’s hands. And the seeds for Eveready<br />

Battery Company—and<br />

portable power—were planted.<br />

Hubert acquired the patent for<br />

the first Eveready® “electric<br />

hand torch” in 1898. His first<br />

flashlights were handmade,<br />

consisting of a dry cell battery, a<br />

bulb, and a rough brass reflector<br />

inside a paper tube. By 1900, his flashlights were<br />

being sold in London, Montreal, Paris, Berlin - and<br />

Sydney.<br />

Hubert’s company became American Ever<br />

Ready in 1905 to emphasise the dependability of<br />

its flashlight products and merged in 1914 with<br />

National Carbon Company. The newly<br />

formed company, which was the only<br />

manufacturer specialising in both battery<br />

and lighting products, merged with Union<br />

Carbide Company three years later, and,<br />

as it expanded, the company’s “Eveready”<br />

brand name became synonymous with<br />

power and reliability.<br />

Over the course of several decades, the<br />

company continued to grow, focusing<br />

upon its strong reputation as the<br />

dependable battery that a consumer could<br />

trust.<br />

The batteries were certainly reliable, but<br />

one young, persistent scientist knew they<br />

could be better, and his work launched a<br />

new era for the company. Assigned to an<br />

existing Eveready division in 1957, Lew<br />

Urry soon began to focus on an entirely<br />

new chemical system—a system known<br />

today as alkaline.<br />

Urry made a mock-up of an alkaline<br />

battery from an empty flashlight shaft,<br />

inserted it into a toy car and tested it on<br />

the cafeteria floor- and the rest is history! Today<br />

alkaline batteries are the top selling standard battery<br />

in <strong>Australia</strong>.<br />

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THE MARKET<br />

Energy<strong>Australia</strong> is one of <strong>Australia</strong>’s largest energy<br />

retailers, supplying energy to more than 1.4 million<br />

homes and businesses in New South Wales, the<br />

ACT and Queensland.<br />

Every day more than three million <strong>Australia</strong>ns<br />

receive their energy from its network of substations<br />

and cables – which is the largest electricity network<br />

in <strong>Australia</strong>.<br />

Prior to the start of industry deregulation in 1996,<br />

a customer’s electricity supplier was determined<br />

purely by the location of their premises. Prices were<br />

fixed and service provision was determined by<br />

geographical monopoly.<br />

Although large business users of electricity<br />

were one of the first groups to be able to<br />

choose their supplier, full retail competition<br />

began in January 2002. Residential and small<br />

business customers in New South Wales and<br />

Victoria were able to choose their electricity<br />

and gas supplier for the first time.<br />

Market deregulation resulted in a<br />

significant increase in competition, putting<br />

pressure on prices and margins. It marked<br />

the beginning of an entirely new era for the<br />

energy industry.<br />

ACHIEVEMENTS<br />

Since the start of full retail competition, the<br />

challenge for Energy<strong>Australia</strong> has been to<br />

protect its established customer base while<br />

winning new customers from its competitors.<br />

The company developed a sales model<br />

which set new industry benchmarks, as well<br />

as attracting the interest of other utilities and<br />

government agencies.<br />

Energy<strong>Australia</strong> was open and transparent in<br />

communicating that customers had choice. This<br />

approach helped Energy<strong>Australia</strong> to consolidate<br />

its market position as ‘energy experts’. The company<br />

continues to record sizeable gains in brand<br />

recognition, general awareness and brand<br />

preference.<br />

Energy<strong>Australia</strong> was one of the first energy<br />

companies to come up with renewable energy<br />

options for its customers which it commenced in<br />

1996. In 2006/07 the company delivered 4.6 million<br />

tonnes of greenhouse gas abatement, which is equal<br />

to removing about 1 million cars from the road for<br />

one year (<strong>Australia</strong>n Greenhouse Office estimates<br />

4.48 tonnes CO 2<br />

-e/year).<br />

As well as providing a safe, reliable source of<br />

energy to customers, Energy<strong>Australia</strong> is committed<br />

to helping them to make more informed choices<br />

about their energy use by giving them the power to<br />

reduce their electricity bills and their impact on the<br />

environment.<br />

Residential energy efficiency remains a focus of<br />

the Energy<strong>Australia</strong> EnergySave program, and it<br />

has been identified as the most cost effective way<br />

of reducing greenhouse gas emissions. The<br />

program helps customers to make informed choices<br />

about their energy use, and rewards energy saving<br />

behaviour. EnergySave initiatives include an<br />

EnergyWise Newsletter, which offers tips, safety<br />

messages and information; a web-based Energy<br />

Usage Gauge; the EnergySave service which offers<br />

a home energy audit as well as energy saving<br />

devices; the Spare Fridge Retirement Program; and<br />

the Hot Water Awareness campaign.<br />

Energy<strong>Australia</strong> employs over 5,200 staff and is<br />

the largest direct employer of apprentices in NSW.<br />

Through targeted programs and sponsorships<br />

such as the award-winning Aboriginal and Torres<br />

Strait Islander (ATSI) Pre-Apprentice Training<br />

Program, Energy<strong>Australia</strong> has doubled ATSI<br />

representation in its workforce in the past two years.<br />

HISTORY<br />

Energy<strong>Australia</strong> was established in March 1996<br />

after a merger between Sydney Electricity and Orion<br />

Energy (Newcastle). Prior to this, the provision of<br />

electricity for the Sydney area was controlled by<br />

the respective councils.<br />

Energy<strong>Australia</strong> is now one of the largest energy<br />

services companies in <strong>Australia</strong>, providing broadbased<br />

energy solutions ranging from electricity and<br />

gas supply, to energy management and renewable<br />

energy alternatives.<br />

In 2004 Energy<strong>Australia</strong> celebrated the<br />

Centenary of Electricity -100 years since the<br />

introduction of electric streetlights in Sydney. While<br />

that basic electric technology remains the same over<br />

a century later, the distribution end of the electricity<br />

supply chain is undergoing a revolution. Electricity<br />

planners are rethinking the role of the network –<br />

the substations, poles and wires - in meeting the<br />

challenge of climate change. This will hasten the<br />

development of a network that is more efficient and<br />

one that gives more power and control to<br />

customers. Energy<strong>Australia</strong> calls this the network<br />

of the future, and its current rollout of smart meters<br />

marks the beginning of this new era.<br />

THE PRODUCT<br />

Energy<strong>Australia</strong>’s product offering has<br />

continued to evolve – responding to<br />

changing customer demands, a rapidly<br />

growing population and the need to be more<br />

environmentally aware.<br />

The company has moved from simply<br />

supplying electricity to become one of the<br />

largest energy suppliers in <strong>Australia</strong> providing<br />

broad-based energy solutions. It is<br />

responsible for providing and managing<br />

electricity infrastructure for the Sydney,<br />

Central Coast and Hunter regions in NSW;<br />

purchasing and supplying electricity and gas;<br />

purchasing and supplying energy from<br />

“green” sources; electrical contracting and<br />

engineering; connecting customers; local<br />

repairs; and major capital works.<br />

Over the last 60 years household demand<br />

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THE MARKET<br />

The car market in <strong>Australia</strong> is booming, consistently<br />

achieving record annual sales. According to the<br />

forecast from the Federal Chamber of Automotive<br />

Industry (FCAI), 2007 will see sales reach one<br />

million vehicles for the first time ever. This boom is<br />

driven partly by the fact that vehicle affordability is<br />

at record levels.<br />

Rising fuel costs and changing consumer<br />

lifestyles have also created a dramatic shift in<br />

customer buying preferences with small cars<br />

accounting for over 20% of all new cars sold in<br />

<strong>Australia</strong> in 2007, up from 15.4% in 1998.<br />

With its extensive range of vehicles, Ford has a<br />

very healthy share of that market. In 2006, one in<br />

every eight new passenger vehicles sold in<br />

<strong>Australia</strong> was a Ford.<br />

ACHIEVEMENTS<br />

Henry Ford didn’t invent the automobile, although<br />

you could be forgiven for thinking that he did.<br />

What set Ford apart from the huge number of car<br />

manufacturers operating in the United States in the<br />

early 1900s was his unique understanding of the<br />

potential role of the car in society.<br />

Before Ford, cars were luxury items,<br />

manufactured and marketed as “toys for the rich”.<br />

In fact in 1902, a year before Henry Ford introduced<br />

his Model A, there was only one car on the road for<br />

every 1.5 million people.<br />

Henry Ford’s great stroke of genius was<br />

recognising that by mass-producing simple, reliable<br />

automobiles he could make motoring affordable for<br />

everyone. Inspired by this vision, he invented the<br />

moving automotive assembly line which, along with<br />

the legendary Model T, changed society forever.<br />

Before long a car was simply a part of the lifestyle<br />

that Americans – and then the world – expected.<br />

<strong>Australia</strong>, with its vast distances and limited<br />

transport infrastructure, was one of the countries<br />

that benefited the most from Henry Ford’s<br />

innovation.<br />

<strong>Australia</strong>ns adopted the car with great<br />

enthusiasm and as long ago as 1967 the 1,000,000th<br />

<strong>Australia</strong>n built Ford was produced.<br />

Ford was No. 1 in <strong>Australia</strong> in passenger vehicle<br />

sales for 16 years in a row, from 1982 to 1997.<br />

It wasn’t just a matter of mass production, either.<br />

In 1983, Ford won the <strong>Australia</strong>n Design Award for<br />

its Falcon/Fairlane/LTD range, the first time a motor<br />

vehicle had been honoured in this way.<br />

Among the many awards Ford garnered over<br />

the years, one of the most significant was the<br />

Wheels Car of the Year award which was won by<br />

BA Falcon in 2002.<br />

The Territory, launched in 2004, has impressed<br />

motoring organisations from around <strong>Australia</strong> and<br />

earned itself some of <strong>Australia</strong>’s most prestigious<br />

motoring awards. With innovation evident in every<br />

detail, the Territory also won the <strong>Australia</strong>n Design<br />

Award for 2004. Judges were impressed by its<br />

groundbreaking design, incorporating the handling<br />

of a sedan, versatility of a SUV and the flexibility of<br />

a people mover. And when it came to the coveted<br />

Wheels magazine Car of the Year Award, Territory<br />

beat the competition to be named the 2004 Car of<br />

the Year. Territory amazed even more judges at the<br />

2004 and 2005 <strong>Australia</strong>’s Best Cars Awards, winning<br />

<strong>Australia</strong>’s Best Recreational 4WD Award for its<br />

overall design, function, performance and value for<br />

money. The Territory continues to be the best selling<br />

medium Sports Utility Vehicle in <strong>Australia</strong>.<br />

HISTORY<br />

Henry Ford grew up on a farm in Michigan where<br />

he fell in love with all things mechanical and dreamed<br />

of endless new possibilities. He sold his first car, a<br />

Model A, in 1903. Five years later his Model T would<br />

change transportation forever and eventually make<br />

cars affordable for the vast majority of people. The<br />

efficiencies of the assembly line he designed drove<br />

the price of the Model T down from $825 to just<br />

$269 by 1922.<br />

Ford has been in <strong>Australia</strong> almost from the very<br />

beginning. Its cars have been sold in <strong>Australia</strong> since<br />

1904. The Ford Motor Company of <strong>Australia</strong> was<br />

established on March 31, 1925.<br />

Today, Ford <strong>Australia</strong> directly employees around<br />

5,000 people in design, development, marketing and<br />

sales, administration, manufacturing and assembly<br />

facilities across <strong>Australia</strong>. Ford has 230 Dealers<br />

around <strong>Australia</strong> and operates regional offices in<br />

each major capital city. The makeup of the workforce<br />

at the Campbellfield manufacturing assembly plant<br />

is one of the most diverse in the Ford world; the<br />

plant employs workers from 65 different<br />

nationalities.<br />

The name <strong>Australia</strong>ns tend to associate most<br />

strongly with Ford would have to be ‘Falcon’. Ford<br />

began production of the Falcon in 1960 and the<br />

nameplate continues to this day. Seven generations<br />

of the Falcon have been produced.<br />

Falcon, Falcon Ute and Territory are among the<br />

very few cars that are wholly designed, developed<br />

and built locally in <strong>Australia</strong>. They are truly<br />

<strong>Australia</strong>n cars.<br />

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10/21/2007, 2:03 AM


THE MARKET<br />

The Bottled Sauces category encompasses a vast<br />

range of sauces from traditional varieties to Asian<br />

sauces and marinades. Sauces have traditionally<br />

been used to add extra flavour to mid-week meals,<br />

family barbecues and entertaining occasions. With<br />

an increasing number of consumers wanting to feel<br />

“ownership” of their home-made meals without the<br />

time and effort that goes into preparing them from<br />

scratch, the usage occasions for sauces are<br />

becoming more diverse than ever with many homechefs<br />

using sauces as shortcuts in creating their<br />

own signature dishes.<br />

Consumers love their various sauces and use<br />

them frequently (91% fortnightly & 70% 2-7<br />

times per week 1 ), and Fountain has ensured<br />

that there’s a superior sauce offering to fit all<br />

consumption and cooking occasions.<br />

The category consists of three major<br />

segments, namely Tomato, Barbecue and<br />

Variety, and is growing at a moderate rate<br />

every year. The traditional Tomato and<br />

Barbecue segments have evolved to be<br />

represented in a variety of packaging<br />

formats. Fountain’s iconic glass bottle<br />

is recognised by generations of<br />

<strong>Australia</strong>ns and is still around today.<br />

For those who favour plastic –<br />

Fountain’s same legendary sauce is<br />

also available in Squeezie bottles in<br />

various sizes.<br />

The majority of growth in the<br />

Bottled Sauces category is driven by<br />

Variety sauces, such as marinades,<br />

chilli sauces and Asian-ingredient<br />

sauces and Fountain’s continuous<br />

dedication to product development<br />

ensures that it is reaching out to the<br />

disparate variety of tastes and ever changing<br />

marketplace trends.<br />

Fountain also has a presence in the Tomato Paste<br />

category with its convenient no-waste sachets in a<br />

variety of flavours.<br />

ACHIEVEMENTS<br />

Fountain is one of <strong>Australia</strong>’s true heritage iconic<br />

brands. The glass bottle with the traditional label is<br />

what generations of <strong>Australia</strong>ns were brought up<br />

to associate with the dinner table. With an enviable<br />

reputation for providing quality sauces, Fountain<br />

is also the branded market leader in its category,<br />

with 22.7% 2 volume share and over 19.5 million<br />

bottles of Fountain sauce sold each year. In<br />

2007, Fountain MAT sales grew by an<br />

impressive +$2.8m 2 , which was the highest<br />

branded value increase and $1.6m ahead of<br />

the nearest competitor.<br />

Fountain Tomato sauce is found in more<br />

kitchens, cupboards and fridges than any<br />

other sauce brand 3 and Aussie<br />

households consume an impressive 6.8<br />

million 2 litres of Fountain Tomato sauce<br />

each year. <strong>Australia</strong>ns love the rich,<br />

thick & flavourful taste of Fountain<br />

and their loyalty to the brand (33.2% 3 )<br />

is more than double that of the nearest<br />

competitor (14.6%). This trust and<br />

attachment to Fountain’s superior<br />

quality and taste has been built up for<br />

more than 100 years.<br />

Whilst Fountain has recorded<br />

strong sales results on its core ranges,<br />

it has also continued to focus on<br />

developing products targeting<br />

growing market segments and has<br />

achieved outstanding results with the launch<br />

of a range of 600mL Squeezie sauces which sell<br />

$10m 2 annually, are growing at +29.3% 2 and have<br />

achieved a strong No 2 market share position.<br />

HISTORY<br />

The Fountain brand was first registered in 1906<br />

and has recently celebrated its 100th birthday.<br />

The <strong>Australia</strong>n popularity for Fountain Tomato<br />

sauce began in the 1950s and 1960s, with a radio<br />

campaign played during horse racing bulletins<br />

every Saturday afternoon.<br />

In the 1960s, a range of additional Fountain<br />

sauces was launched including Steak, Mustard and<br />

Mint. Since that time, Fountain has been on a<br />

continuous course of refining, developing and<br />

expanding the product range available. It now has<br />

16 different sauce flavours to ensure that Fountain’s<br />

quality products are relevant to the needs of<br />

today’s consumers.<br />

In 2002, Fountain’s first Squeezie range was<br />

launched. Fountain’s dedication to addressing the<br />

needs of emerging markets was manifested in the<br />

launch of Gluten Free Soy sauce in 2004, followed<br />

by an expansion of the Squeezie range in 2005.<br />

During this year Fountain also modernised the<br />

brand’s logo and repackaged the range.<br />

Today, Fountain is perceived as being a trusted,<br />

well known and loved brand, with a strong product<br />

quality reputation and arguably the best tasting<br />

tomato sauce available in the marketplace.<br />

THE PRODUCT<br />

Consumers have enjoyed the great taste of<br />

Fountain sauces for over 100 years and use them<br />

to add great flavours to <strong>Australia</strong>’s favourite meals<br />

every day. The brand has the widest flavour offering<br />

on the market, with 36 SKUs spanning 13 major<br />

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THE MARKET<br />

They say a nation’s culture is often defined by its<br />

cuisine. In <strong>Australia</strong>, the quintessential national<br />

food is the meat pie, and the national meat pie of<br />

choice is Four’N Twenty.<br />

There are few more iconic <strong>Australia</strong>n brands<br />

than Four’N Twenty. Four’N Twenty is <strong>Australia</strong>’s<br />

favourite pie, being sold in supermarkets, grocery<br />

stores, service stations, convenience stores,<br />

sporting venues, cafes, canteens, schools and<br />

events across the country. Synonymous with sport,<br />

particularly AFL football and NRL rugby, Four’N<br />

Twenty is the people’s pie, and has been for nearly<br />

60 years.<br />

It has been said that <strong>Australia</strong>ns are the worlds<br />

biggest meat pie eaters per head of population,<br />

consuming over 12 meat pies each per year, and a<br />

further 17 combined pasties, sausage rolls and party<br />

pies.<br />

Four’N Twenty is the Number 1 brand<br />

in the <strong>Australia</strong>n retail frozen savoury<br />

segment, with over 25% share of a<br />

market worth $199 million in 2006.<br />

Four’N Twenty is one of<br />

Patties Foods Ltd’s portfolio of<br />

leading brands, manufactured at<br />

the company’s state-of-the-art<br />

production facility in Bairnsdale,<br />

regional Victoria, and distributed<br />

nationally.<br />

The company is well equipped<br />

to anticipate consumer trends and<br />

develop new products that<br />

respond to them rapidly. Innovation<br />

is a key focus within the business,<br />

along with an unwavering commitment to using<br />

the highest quality ingredients and processes.<br />

It is this passion for high quality product that<br />

has enabled Patties Foods to further enhance<br />

Four’N Twenty’s reputation and market leadership.<br />

ACHIEVEMENTS<br />

Since the first Four’N Twenty pie was produced in<br />

1947, the brand has grown to become <strong>Australia</strong>’s<br />

most popular pie, a name both recognised and<br />

respected by millions of <strong>Australia</strong>ns.<br />

Mention Four’N Twenty to any <strong>Australia</strong>n and<br />

you are likely to see an instant recognition. Recent<br />

market research showed 76% of <strong>Australia</strong>ns had<br />

unprompted recognition of the brand. This grows<br />

to 99% when prompted!<br />

Four’N Twenty has built a reputation for being<br />

“The Great <strong>Australia</strong>n Taste”. Having a pie at the<br />

“footy” has become an <strong>Australia</strong>n tradition. One in<br />

every four people that attend a football match in<br />

<strong>Australia</strong> will consume a Four’N Twenty pie.<br />

At the home of <strong>Australia</strong>n Rules Football, the<br />

MCG, Four’N Twenty has been the official pie<br />

supplier since 1958.<br />

Four’N Twenty has also built a strong affiliation<br />

with community and sporting groups over the years,<br />

and has enjoyed successful relationships with<br />

many major events. Four’N Twenty are currently<br />

major supporters of <strong>Australia</strong>n Rules Football,<br />

National Rugby League, snow skiing and snow<br />

boarding and other outdoor events such as the<br />

Deniliquin Ute Muster and Rip Curl Pro Surfing.<br />

In keeping with its brand positioning as “The<br />

Great <strong>Australia</strong>n Taste”, Four’N Twenty targets<br />

everyday, regular consumers as a convenient and<br />

wholesome food they can rely upon.<br />

HISTORY<br />

The Four’N Twenty story started in Bendigo,<br />

Victoria, in the late 1940s. The company’s<br />

founder, local caterer Les McClure,<br />

developed a reputation for baking the<br />

most delicious meat pies in the area.<br />

McClure named his pies<br />

Four’N Twenty after the line in<br />

the nursery rhyme, “Sing a Song<br />

of Sixpence”, about King Henry<br />

VIII entertaining guests by<br />

baking 24 blackbirds in a pie<br />

and having the birds fly out<br />

of the pie.<br />

With a great tasting<br />

product and a catchy name,<br />

demand for the Four’N<br />

Twenty product grew rapidly.<br />

It was not long before a large percentage of pie<br />

production was being sent to Melbourne – at first<br />

for special events like the 1948 Royal Melbourne<br />

Show, and then later into the local trade. The<br />

company soon opened its first Melbourne bakery<br />

in a pavilion at the Showgrounds.<br />

The Showgrounds bakery was soon too small<br />

and a new bakery was built in Ascot Vale. Demand<br />

for Four’N Twenty pies continued to increase with<br />

deliveries extending to all suburbs and many<br />

country areas.<br />

Large quantities were sent by rail and road to<br />

distant country towns and cities. McClure<br />

eventually sold the business to his original pastry<br />

cook, Les Gillies. Since then ownership of the ever<br />

growing brand has changed hands with the<br />

decades – Peters ran it in the late 1960s, the Adelaide<br />

Steamship Company in the 1970s and Pacific Dunlop<br />

from the early 1980s, after which it finally fell into<br />

overseas hands at US-owned Simplot.<br />

The iconic <strong>Australia</strong>n Four’N Twenty brand was<br />

eventually brought back in to <strong>Australia</strong>n hands in<br />

2003, when it was purchased from Simplot by Patties<br />

Foods Ltd.<br />

From its Bairnsdale bakery Patties Foods<br />

currently produces around 70 million pies per year<br />

and uses approximately 25,000 kilograms of meat<br />

and 50,000 kilograms of flour every day.<br />

THE PRODUCT<br />

Four’N Twenty’s product range consists of Meat<br />

Pies, Flavoured Pies, Party Goods, Pasties and<br />

Sausage Rolls.<br />

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THE MARKET<br />

Fujitsu General is renowned in <strong>Australia</strong> for both<br />

its top-of-the-range plasma displays and its<br />

technologically advanced air conditioners.<br />

With the continued popularity of flat screen<br />

televisions and its world leading plasma display<br />

technology, Fujitsu offers one of the largest ranges<br />

of plasma panels in <strong>Australia</strong>. Setting the industry<br />

benchmark for picture quality and performance,<br />

Fujitsu’s plasmas feature the critically acclaimed<br />

Advanced Video Movement-II (AVM-II) digital<br />

video processor.<br />

As the number one supplier of air conditioners<br />

to the <strong>Australia</strong>n market, Fujitsu’s company slogan<br />

is ‘<strong>Australia</strong>’s Favourite Air’. Fujitsu’s most popular<br />

product range is its inverter air conditioners, which<br />

are more economical to operate and quieter to run<br />

than conventional units. Highly sophisticated<br />

technology enables the compressors to adjust their<br />

speed in response to changes in room temperature<br />

making them quieter and more energy efficient than<br />

conventional types, achieving 6-star energy<br />

ratings.<br />

ACHIEVEMENTS<br />

Fujitsu General’s Plasmavision range is an awardwinning<br />

series of High Definition plasma display<br />

panels. Fujitsu’s Advanced Video Movement<br />

(AVM-II) digital video processor enables its<br />

Plasmavision panels to identify and correct<br />

common flaws found in digital video content, also<br />

known as artifacts, delivering clearer pictures to<br />

the viewer. The processor also provides advanced<br />

colour management, digitally enhancing primary<br />

hues so that they appear more vivid. With an<br />

ambient light sensor, the processor detects the level<br />

of light in a room and digitally adjusts the screen’s<br />

contrast and brightness to create the perfect<br />

viewing environment. In addition, automatic edge<br />

correction sharpens the edges of the images on<br />

screen to make them appear clear, crisp and true.<br />

In 2002, Fujitsu won an EMMY Award for<br />

‘Outstanding Achievement in Technological<br />

Advancement’ for its contribution to the plasma<br />

industry. The award acknowledged<br />

Fujitsu’s longstanding commitment to<br />

the plasma industry and its status as<br />

the most influential company in the<br />

development of plasma monitors.<br />

Further recognition for Fujitsu’s<br />

Plasmavision was received at the<br />

2005 CEDIA show on the Gold Coast,<br />

where Fujitsu won all the flat panel<br />

awards in the Digital Display Arena.<br />

Most recently, Fujitsu received a<br />

Highly Commended at the 2007 Sound & Image<br />

Awards.<br />

In terms of air conditioners, Fujitsu’s Nocria<br />

inverter range features outstanding filtration<br />

technology, including the world’s first automatic<br />

air filter cleaning operation, producing cleaner,<br />

fresher air.<br />

Fujitsu was recently awarded the GfK No.1<br />

Award for being the top brand in 2006<br />

for Consumer Air Conditioners in<br />

<strong>Australia</strong>. This ‘No.1’ result is the third<br />

win in a row for Fujitsu since the GfK<br />

No.1 Awards’ inauguration, rewarding<br />

sales in 2004.<br />

In addition, Fujitsu received an ERA<br />

(Electrical Retailing Award) for ‘Best<br />

Cooling Supplier 2007’.<br />

HISTORY<br />

The company’s origins date back to the early 1970s<br />

through a sales distribution company known as<br />

General Colour Pty Ltd, selling colour televisions.<br />

In 1980 the company became a full subsidiary of<br />

the General Corporation in Japan and General<br />

Corporation Japan (Aust.) Pty Ltd was formed. This<br />

change saw the company expand into a number of<br />

different consumer electronics products.<br />

In 1989 a new association was formed in Japan<br />

and globally the company became known as Fujitsu<br />

General Limited.<br />

Over time the company decided to focus its<br />

research and manufacturing strengths into two main<br />

product categories: air conditioning and plasma<br />

display panels. This core focus has resulted in<br />

Fujitsu General becoming an innovator of plasma<br />

technology and producing market leading products<br />

of a world class standard.<br />

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THE MARKET<br />

The entire Wraps, Bags and<br />

Foil market is worth A$273<br />

million a year in <strong>Australia</strong>. It<br />

consists of two categories,<br />

Food Management and<br />

Disposal Management. Of<br />

these, Food Management is<br />

by far the larger. It is worth<br />

A$185 million, whereas<br />

Disposal Management is<br />

worth a total of A$88 million.<br />

Of this entire market, 75%<br />

value share is made up of five<br />

key sub-categories, namely<br />

plastic wrap; foil wrap;<br />

garbage bags; reclose bags;<br />

and kitchen tidy bags.<br />

GLAD is the market leader<br />

with a 32% value share.<br />

As part of their normal<br />

shopping pattern, 93.5% of<br />

<strong>Australia</strong>n households<br />

purchase some kind of product from this market.<br />

For some time, this number has been increasing<br />

steadily as the time saving and convenience<br />

benefits have become more widely appreciated by<br />

people living busy lifestyles.<br />

ACHIEVEMENTS<br />

GLAD is a household name in <strong>Australia</strong>,<br />

synonymous with quality and freshness.<br />

GLAD has been the leading brand in this<br />

category since the brand’s launch – in 2006, the<br />

brand celebrated 40 years of providing <strong>Australia</strong>n<br />

households with products designed to improve<br />

hygiene, to make life easier around the home and to<br />

save time.<br />

In that time, the GLAD product range expanded<br />

to encompass more than 20 convenient products<br />

in the <strong>Australia</strong>n market. GLAD Steam Lock Bags<br />

are the latest addition to the GLAD product range.<br />

Introduced in 2006, this product has created a new<br />

segment in the Wraps, Bags and Foil category.<br />

HISTORY<br />

The GLAD brand originated in the USA when<br />

Union Carbide Corporation launched GLAD<br />

Wrap in 1963. After extensive market research,<br />

both GLAD Wrap and GLAD Bags were<br />

launched in <strong>Australia</strong> by Union Carbide in<br />

September 1966.<br />

Market research into the lunch wrap market in<br />

<strong>Australia</strong> showed that 60% of consumers used<br />

greaseproof paper and 40% used<br />

waxed paper for lunch wraps. In<br />

addition, 65% of wrapped lunches<br />

were then wrapped again in paper<br />

bags and 20% in plastic bags. It is<br />

not difficult to see why the<br />

concept of a ‘see-through’ wrap<br />

which would cling to itself and<br />

take the place of all of those<br />

products was well received by<br />

<strong>Australia</strong>n women.<br />

In order to generate publicity<br />

for the launch, functions were<br />

planned in both Sydney and<br />

Melbourne to which local<br />

columnists, women’s magazine editors, retail trade<br />

leaders and social identities were invited. The host<br />

of these functions was Graham Kerr, the country’s<br />

best-known food expert at the time.<br />

Guests were invited to take part in a<br />

demonstration by trying to tell the difference<br />

between food prepared and wrapped in GLAD three<br />

days before, and food<br />

prepared that day. To keep<br />

the test honest and to<br />

increase<br />

the<br />

newsworthiness of the<br />

events, the wrapped food<br />

was kept under armed guard<br />

for three days. For a little<br />

extra pizzazz, it was stored in<br />

glass door refrigerators in the<br />

main windows of<br />

Woolworths’ George and Pitt<br />

Street stores in Sydney and<br />

in the main window of GJ<br />

Coles Bourke Street store in<br />

Melbourne. When the food<br />

was unwrapped, the guests<br />

were amazed to find that this<br />

new plastic wrapping<br />

actually kept food as fresh<br />

as it had been before it was<br />

wrapped.<br />

This spectacular and highly successful launch<br />

of GLAD Wrap and GLAD Food Bags was followed<br />

by the introduction of Garbage and Kitchen Tidy<br />

Bags in the early 1970s and GLAD Aluminium Foil<br />

and GLAD Bake Paper products in the early 1980s.<br />

By 1997, the GLAD product range totals more than<br />

60 individual pack sizes.<br />

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THE MARKET<br />

For a country widely considered to serve some of<br />

the best espresso coffee in the world, <strong>Australia</strong>ns<br />

ironically drink a comparatively low amount of<br />

coffee by world standards - an estimated 2.4 kg of<br />

coffee per year.<br />

However <strong>Australia</strong>n consumption of coffee has<br />

grown dramatically over the last decade with<br />

consumers now drinking 65 per cent more coffee<br />

than they did in 1996. An estimated 1.26 billion cups<br />

of coffee worth $3 billion were served in cafes,<br />

restaurants and hotels in the last year, with the<br />

majority of all coffee purchases made at franchised<br />

coffee stores (40 per cent).<br />

Coffee franchises are one of the fastest growing<br />

retail food sector segments in <strong>Australia</strong> with the<br />

number of outlets estimated to have grown by 50<br />

per cent since 2001.<br />

As one of <strong>Australia</strong>’s leading coffee specialists,<br />

Gloria Jean’s Coffees has played a major role in the<br />

development and growth of the retail coffee market<br />

in <strong>Australia</strong>.<br />

Since first entering the market in 1996, the<br />

company has opened over 400 stores, operating in<br />

every state and territory of the country. Today Gloria<br />

Jean’s Coffees is <strong>Australia</strong>’s largest and most<br />

recognised specialty coffee retailer serving an<br />

estimated 7 million guests each month.<br />

(Sources: ‘Coffee in <strong>Australia</strong> 2006-2008’ report,<br />

BIS Shrapnel, February 2006; ‘<strong>Australia</strong>n Coffee<br />

Market Key Facts: For 2006’ AustralAsian Specialty<br />

Coffee Association)<br />

ACHIEVEMENTS<br />

Gloria Jean’s Coffees is an <strong>Australia</strong>n owned and<br />

operated global brand with over 750 coffee houses<br />

in 25 countries including more than 400 in <strong>Australia</strong><br />

and signed master franchise agreements in 45<br />

countries worldwide. Since 2004, the international<br />

branding and roasting rights for all countries<br />

outside the USA have been proudly <strong>Australia</strong>n<br />

owned.<br />

In <strong>Australia</strong>, Gloria Jean’s Coffees is one of<br />

the top 25 fastest growing franchises in terms of<br />

both revenue and number of outlets and is also<br />

listed as one of <strong>Australia</strong>’s top 1,000 companies<br />

(BRW 2006/07).<br />

Under <strong>Australia</strong>n management, Gloria Jean’s<br />

Coffees has been a runaway success expanding<br />

rapidly in <strong>Australia</strong> and overseas. In 2005-06 the<br />

number of Gloria Jean’s Coffees stores grew by 28<br />

per cent in <strong>Australia</strong> and a phenomenal 49 per cent<br />

internationally, with similar growth expected in the<br />

next few years.<br />

The company’s success has assembled an<br />

impressive trophy cabinet over the last few years.<br />

Awards include ‘2006 International Franchisor of<br />

the Year’ awarded by the Franchising and Licence<br />

Association, Singapore and the<br />

PricewaterhouseCoopers Franchising Excellence<br />

Awards ‘2005 Franchisor of the Year’.<br />

The company has also received the highly<br />

prestigious ‘American Express Supreme Reward for<br />

Best Retailer’ and ‘Bank of Queensland Best<br />

Franchise’ Awards presented by the National Retail<br />

Association at the American Express Rewards for<br />

Excellence.<br />

Last year Gloria Jean’s Coffees also won the<br />

Premier’s NSW Exporter of the Year Awards ‘2006<br />

Emerging Exporter Award’ and the<br />

PricewaterhouseCoopers Excellence in Franchising<br />

Awards ‘Franchise Export Award of the Year 2006’.<br />

HISTORY<br />

The Gloria Jean’s Coffees story began in 1979 in a<br />

small town just north of Chicago, USA where the<br />

company’s namesake, Gloria Jean Kvetko and her<br />

husband Ed saw the opportunity to offer specialty<br />

gourmet coffees in a warm and friendly atmosphere.<br />

With appreciation for quality coffee growing, the<br />

concept became a success and Gloria Jean’s Coffees<br />

stores started to appear around the USA.<br />

In 1993 Gloria Jean and Ed sold the franchise for<br />

an estimated US$40 million and the company began<br />

its expansion offshore – a journey that would later<br />

take a remarkable turn to make the company an<br />

<strong>Australia</strong>n success story.<br />

In 1995, Nabi Saleh, an <strong>Australia</strong>n businessman<br />

internationally regarded for his coffee knowledge<br />

and expertise, visited the USA to experience the<br />

Gloria Jean’s Coffees brand first hand. Nabi and his<br />

business partner Peter Irvine subsequently bought<br />

the Master Franchise for <strong>Australia</strong> and by 1996 the<br />

first <strong>Australia</strong>n Gloria Jean’s Coffees store was<br />

opened in Miranda, Sydney.<br />

By 2004 Gloria Jean’s Coffees had opened more<br />

than 200 coffee houses across <strong>Australia</strong> and<br />

become a national brand with stores present in<br />

every <strong>Australia</strong>n state and territory. With success<br />

accomplished at home, Nabi and Peter set their<br />

sights on achieving their vision to make Gloria<br />

Jean’s Coffees a successful global brand.<br />

They returned to the USA and by the end of<br />

2004, had purchased the international branding and<br />

roasting rights for all countries outside of the USA<br />

- Gloria Jean’s Coffees globally had become<br />

<strong>Australia</strong>n owned overnight.<br />

PRODUCT<br />

Gloria Jean’s Coffees is passionately committed to<br />

creating the ultimate coffee experience for every<br />

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compete in world markets. Google’s<br />

<strong>Australia</strong>n engineers work to improve<br />

<strong>Australia</strong>n users’ internet experience<br />

and enable them to take full advantage<br />

of the exciting potential of the internet<br />

and Google’s suite of products.<br />

Both globally and in <strong>Australia</strong>,<br />

Google is far more than just a search<br />

engine. Its range of popular products<br />

includes Google Maps, Google Earth,<br />

Gmail, Docs and Spreadsheets,<br />

YouTube, Blogger, Google News, the<br />

photo site Picasa and many more.<br />

Google’s business is based on selling<br />

‘sponsored links’ next to its search<br />

results through its AdWords<br />

programme. Thousands of <strong>Australia</strong>n<br />

businesses use AdWords to connect<br />

with potential customers.<br />

HISTORY<br />

According to Google lore, company<br />

founders Larry Page and Sergey Brin<br />

were not terribly fond of each other<br />

when they first met as Stanford<br />

THE MARKET<br />

Online consumers have at their disposal incredible<br />

quantities of information, feeds, news, blogs, maps,<br />

images, videos, games, social networks, email,<br />

collaborative software and more.<br />

With the advent of new devices, more offline<br />

content moving into cyberspace, broadband<br />

speeds increasing and users generating more<br />

content themselves, consumers’ lives are<br />

increasingly being led online. In 2007, among 18-29<br />

year old <strong>Australia</strong>ns, over 40 per cent of media time<br />

was spent online.<br />

Google, the world’s most widely used search<br />

engine, is at the heart of the new media environment,<br />

connecting <strong>Australia</strong>ns with information, audiences<br />

and customers worldwide.<br />

ACHIEVEMENTS<br />

Google is a world-renowned brand and <strong>Australia</strong>’s<br />

leading web destination. <strong>Australia</strong>ns rely on Google<br />

to find and manage all sorts of information, and the<br />

brand is committed to making the experience simple<br />

and useful for them.<br />

Google’s growing <strong>Australia</strong>n presence is a<br />

critical part of its global operations. Google<br />

<strong>Australia</strong> was one of the first Google offices<br />

outside the US. It’s now a vital R&D hub for<br />

the entire Asia Pacific region. The web is an<br />

especially vital and exciting platform for<br />

<strong>Australia</strong>n users and businesses. It helps them<br />

to overcome the tyranny of distance and<br />

University graduate students in computer science<br />

in 1995. They argued about every topic they<br />

discussed. Their strong opinions and divergent<br />

viewpoints would eventually find common ground<br />

in a unique approach to solving one of computing’s<br />

biggest challenges: retrieving relevant information<br />

from a massive set of data.<br />

By January of 1996, Larry and Sergey had begun<br />

collaboration on a search engine called BackRub,<br />

named for its unique ability to analyse the “back<br />

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THE MARKET<br />

The Gravy and Sauce Mix market consist of a wide<br />

range of easy to prepare and ready made gravies<br />

and sauces. These can be prepared on the stovetop,<br />

made instantly by just adding boiling water or even<br />

easier with the ready to serve ranges of<br />

microwaveable gravy. Gravox® is the dominant<br />

brand and market leader in the Gravies and Sauces<br />

category with 59% value share 1 .<br />

The category is separated into several segments<br />

including box powders, dry mix sachets, canister<br />

and microwaveable ready to serve liquid gravies<br />

and sauces. Gravox has a wide range of products<br />

on offer in all segments including two gluten free<br />

variants – Roast Meat and Traditional in the canister<br />

range.<br />

<strong>Australia</strong>n retail sales of the Gravy and Sauce<br />

category are currently $89 million. <strong>Australia</strong>ns<br />

consume approximately 7 million tonnes of gravies<br />

and sauces over the course of a year.<br />

The <strong>Australia</strong>n Gravy and Sauce segment<br />

continues to grow at around 11% per year;<br />

the Liquid Gravy Segment is predominantly<br />

driving this growth. Over the last two years<br />

the segment has had three new entrants<br />

propelling the growth to 82% and has recently<br />

overtaken the most established segment, box<br />

powder, in value.<br />

Currently 65% 2 of households use gravies<br />

and sauces and these are purchased on<br />

average once every 8 weeks.<br />

Gravox has also had a presence in the<br />

stocks market since 2003. It first launched<br />

Gravox concentrated liquid stocks in 2002<br />

with a range of flavours. These were replaced<br />

in 2005 with a range of Liquid Stocks in<br />

Chicken, Beef and Vegetable variants.<br />

Currently the Liquid Stocks market is valued<br />

at $48M and Gravox has 7% value share.<br />

ACHIEVEMENTS<br />

Gravox is an iconic <strong>Australia</strong>n brand. <strong>Australia</strong>’s<br />

top ten products in the gravy and sauce category<br />

are represented by Gravox brands. Gravox is<br />

currently the number 1 brand nationally across all<br />

segments and Gravox sales are approximately $52M<br />

per year and growing at 13%. In the total Gravies<br />

and Sauces segment there are several major<br />

competitors but the 2 nd largest brand is still only<br />

11% of the total segment.<br />

Over the last 90 years the Gravox brand has<br />

consistently offered quality products to generations<br />

of <strong>Australia</strong>ns and the recent new product launches<br />

have ensured Gravox continues to be relevant to<br />

today’s families.<br />

HISTORY<br />

Gravox was first registered in <strong>Australia</strong> in 1917. The<br />

famous brand was derived from the combination of<br />

the words Gravy and Oxo to become Gravox.<br />

However, the brand did not become established<br />

until World War II when Bisto was in short supply<br />

due to import restrictions. In 1953 Cerebos Foods<br />

<strong>Australia</strong> acquired the Gravox brand from Klembro<br />

Pty Ltd. The original Gravox gravy powder was<br />

manufactured from flour to which was added a<br />

selected blend of colour, flavourings and spices.<br />

The powder was prepared by mixing with water,<br />

stock or meat juices, creating tasty gravy.<br />

In 1968, Rank Hovis McDougall, a British<br />

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THE MARKET<br />

Businesses everywhere, in every sector, have to<br />

compete with the ceaseless march of globalisation<br />

and the incessant competitive activity it creates.<br />

Today’s business leaders must look for new ways<br />

to stand out clearly in markets that are constantly<br />

in a state of flux. This new era brings with it a<br />

seemingly endless stream of new technological<br />

resources and business solutions that help<br />

organisations of every kind identify and grasp<br />

opportunities that surround them. The challenge is<br />

to find innovative ways to share knowledge, ideas<br />

and solutions, gain competitive advantage and stay<br />

ahead of the game.<br />

ACHIEVEMENTS<br />

During 2006, IBM once again gained an impressive<br />

list of innovation credentials. It was the ninth<br />

consecutive year that IBM was awarded more than<br />

2,000 U.S. patents. However, it is the results that<br />

IBM achieves for its customers that make it the<br />

world’s third best global brand (source: Interbrand<br />

2006).<br />

Examples of IBM’s innovation-focused<br />

approach include:<br />

Facing increasing pressure to raise productivity<br />

and cut drug development costs, a leading global<br />

pharmaceutical provider was determined to bring<br />

new drugs to market faster. Working with IBM<br />

Global Business Services, the company replaced<br />

its in-house Electronic Data Capture (EDC)<br />

application and re-engineered its processes<br />

worldwide to extract maximum value from the new<br />

system. This reduced the time spent gathering data<br />

from weeks to near real-time and made clinical trial<br />

information processing more efficient, so drugs can<br />

be developed more quickly.<br />

Tennis <strong>Australia</strong> hosts one of the world’s most<br />

important sporting events, the <strong>Australia</strong>n Open,<br />

the Grand Slam of the Asia Pacific in Melbourne.<br />

For the past 14 years, IBM has worked with Tennis<br />

<strong>Australia</strong> to help it meet increasing business<br />

demands, to optimise revenue streams through<br />

business consulting and e-commerce plus increase<br />

the efficiency with which the <strong>Australia</strong>n Open is<br />

organised and run. The result is that more courtside<br />

statistics, analysis and insights are available each<br />

year, and tennis fans around the world are brought<br />

even closer to the action.<br />

HISTORY<br />

IBM’s character has been formed over nearly 100<br />

years of doing business in the field of information<br />

handling. Nearly all of the company’s products were<br />

designed and developed to record, process,<br />

communicate, store and retrieve information – from<br />

its first scales, tabulators and clocks to today’s<br />

powerful computers and vast global networks.<br />

IBM helped pioneer information technology over<br />

the years, and it stands today at the forefront of a<br />

worldwide industry that is revolutionising the way<br />

in which enterprises, organisations and people<br />

operate and thrive.<br />

In 1924, the Computing-Tabulating-Recording<br />

Co. (CTR) was renamed International Business<br />

Machines Corporation (IBM) under the leadership<br />

of Thomas J. Watson, Sr. IBM provided companies<br />

in America and Europe with the latest in machinery<br />

ranging from commercial scales and industrial time<br />

recorders to meat and cheese slicers, along with<br />

typewriters and tabulators.<br />

During the Great Depression of the 1930s, IBM<br />

managed to grow while many in the U.S. economy<br />

floundered. While most businesses had shut down,<br />

Watson kept his workers busy producing new<br />

machines even while demand was slack. Thanks to<br />

the resulting large inventory of equipment, IBM<br />

was ready when the Social Security Act of 1935<br />

brought the company a landmark government<br />

contract to maintain employment records for 26<br />

million people.<br />

Watson created a major division in 1932 to lead<br />

the engineering, research and development efforts<br />

for the entire IBM product line. The following year,<br />

IBM completed one of the finest modern research<br />

and development laboratories in the world at<br />

Endicott, New York. 1933 saw the addition of an<br />

entirely new product unit – the Electric Writing<br />

Machine Division – to IBM’s organisation.<br />

The Second World War saw IBM’s first steps<br />

toward computing. The Automatic Sequence<br />

Controlled Calculator, also called the Mark I, was<br />

completed in 1944 after six years of development<br />

with Harvard University.<br />

In the 1950s, IBM developed a range of<br />

mainframes, compatible with multiple printers,<br />

drives and other peripherals, establishing IBM as<br />

an industry leader.<br />

After nearly four decades as IBM’s chief<br />

executive, Thomas J. Watson, Sr., passed the title<br />

of president on to his son, Thomas J. Watson, Jr.<br />

who foresaw the role computers would play in<br />

business. He led IBM’s transformation from a<br />

medium-sized maker of tabulating equipment and<br />

typewriters into a computer industry leader.<br />

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THE MARKET<br />

Never before has technology been such an<br />

important aspect of our modern, on-the-go<br />

lives. For this reason, the Consumer Electronics<br />

industry is fast-paced and highly competitive.<br />

At present, the market is experiencing rapid<br />

growth across most categories, in particular in<br />

Visual Entertainment, which alone is valued at<br />

more than A$3 billion.<br />

Next generation consumer products from LG<br />

will address the social and environmental issues<br />

<strong>Australia</strong>ns face including water and energy<br />

efficiency, the trend toward inner city apartment<br />

living, and ever increasing working hours.<br />

Consumers are naturally seeking products that<br />

make the user experience as simple, convenient,<br />

stylish and personalised as possible.<br />

ACHIEVEMENTS<br />

LG Electronics is a global leader in providing<br />

cutting-edge, convergent electronics, information<br />

and communications products designed to meet<br />

the ever changing needs of consumers. LG’s point<br />

of differentiation is its in-depth insight into<br />

consumer trends coupled with the technical<br />

superiority of its products.<br />

The Korean based company operates four<br />

business units globally including Mobile<br />

Communications, Digital Appliance, Digital<br />

Display and Digital Media.<br />

2007 is the year that the LG brand celebrates its<br />

ten years of operation in the <strong>Australia</strong>n market.<br />

From relative obscurity ten years ago, LG has<br />

repositioned itself as a premium brand in <strong>Australia</strong>,<br />

and in the process achieved number one in seven<br />

product categories, including plasma televisions,<br />

LCD televisions, home theatre and DVD recorders,<br />

microwaves, front load washers and side-by-side<br />

refrigeration.<br />

Over the past decade, LG Electronics has grown<br />

to achieve annual sales turnover in excess of $1<br />

billion dollars. For ten years LG has strived to<br />

develop and bring to market a range of innovative<br />

products with leading edge technology that make<br />

‘Life Good’. This philosophy has seen the<br />

organisation and the brand achieve many<br />

milestones and build a loyal following.<br />

HISTORY<br />

Formed in 1947 by the Koo and Huh families,<br />

Lucky-Goldstar started out selling face creams,<br />

and quickly grew to become dominant in the<br />

national chemical manufacturing business.<br />

In 1958, Lucky-Goldstar entered the<br />

electronics industry with the formation of<br />

Goldstar Co and in 1959, Goldstar became<br />

the first Korean company to build a radio. It<br />

rapidly expanded during the 1960s,<br />

branching out into the manufacture of<br />

appliances. It built the first Korean<br />

refrigerator in 1965, and the first Korean<br />

television in 1966. It subsequently began the<br />

manufacture of elevators and escalators, air<br />

conditioners, electric typewriters, and other<br />

electronic goods.<br />

Goldstar gradually earned a reputation as a<br />

supplier of low-cost, high-quality electronic<br />

components and appliances and in the 1980s<br />

established a solid presence in domestic and<br />

international markets for microwave ovens and<br />

televisions, as well as for refrigerators, washing<br />

machines, and other major appliances.<br />

In 1989, after a series of financial, management<br />

and labour woes, drastic measures to turn the ailing<br />

Lucky-Goldstar around saw control being<br />

handed to Lee Hun-Jo, a 27-year Lucky-<br />

Goldstar veteran.<br />

By 1994 Goldstar had regained its number<br />

one position in the South Korean market for<br />

colour televisions, refrigerators and washing<br />

machines. Likewise, Goldstar was achieving<br />

marked gains overseas by focusing on emerging<br />

markets like Russia and Vietnam while at the<br />

same time increasing North American sales<br />

through overseas manufacturing and<br />

partnerships with U.S. companies.<br />

In 1995, the company abandoned the Lucky-<br />

Goldstar name and adopted a new corporate<br />

name, LG Electronics and the slogan “Life’s<br />

Good” to secure a strong, distinctive corporate<br />

identity. The change in identification assisted the<br />

company in entering the premium, higher scale<br />

market. In 1997 the LG Electronics brand was<br />

launched in <strong>Australia</strong>.<br />

The new millennium has seen LG drive<br />

innovation, style and digital capabilities in the<br />

industry. LG launched the world’s first internet<br />

refrigerator in 2000, and in 2001 followed with the<br />

world’s first internet enabled washing machine, airconditioner,<br />

and microwave oven. The first<br />

model in LG’s Black Label series of<br />

premium handsets LG Chocolate was<br />

introduced in 2006 and sold 7.5million<br />

units world wide. In 2007, LG launched<br />

the industry-first dual-format highdefinition<br />

disc player and drive.<br />

With consolidated sales of US$37.7<br />

billion and overseas sales of US$ 32.6<br />

billion (86% of total sales), LG is truly a<br />

global leader and technology innovator in<br />

consumer electronics, home appliances and<br />

mobile communications, employing more than<br />

82,000 people working in over 110 operations<br />

including 81 subsidiaries around the world.<br />

THE PRODUCTS<br />

LG’s extensive range consists of products<br />

engineered and designed to make ‘life good’. During<br />

its ten years in the local market LG has almost<br />

doubled its product offering to <strong>Australia</strong>n<br />

consumers. With expertise in mobile and convergent<br />

technologies, LG’s product offering includes LG<br />

Mobile phones with a design focused range – ‘The<br />

Black Label Series’ including world first ‘touch<br />

screen’ technology.<br />

LG also caters for major appliances and<br />

entertainment technology in almost every room of<br />

the home including a wide range of Plasma, LCD<br />

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10/21/2007, 3:50 AM


THE MARKET<br />

<strong>Australia</strong>’s strong economic growth has seen<br />

demand for supply chain services soaring, with<br />

freight volumes expected to double before 2020 and<br />

treble by the middle of the next decade. In the last<br />

four years alone the market grew by 18 per cent.<br />

This massive expansion in logistics services also<br />

stretches across the booming Asia Pacific region,<br />

Linfox’s focus of operations.<br />

Since 2002, Linfox’s revenue has risen by 200<br />

per cent to an annualised turnover of $2 billion in<br />

2007. The company expects to continue this pace<br />

of expansion through organic growth and further<br />

strategic acquisitions to complement and extend<br />

the scale, scope and geography of the business.<br />

Linfox provides highly sophisticated supply<br />

chain solutions in 11 countries. Its vision is to be<br />

the supply chain solutions provider of choice<br />

throughout the Asia Pacific region.<br />

ACHIEVEMENTS<br />

Linfox’s increased scale of operations demands that<br />

safety be a key priority. The company’s Vision Zero<br />

safety strategy aims to achieve zero fatalities,<br />

injuries, motor vehicle accidents, environmental<br />

exceedances, and zero unsafe behaviour.<br />

This unrelenting focus on safety has reduced<br />

the company’s lost time injury frequency rate by a<br />

massive 39 per cent in just 12 months. Linfox safety<br />

programs have also won numerous awards such<br />

as the recent ‘Operation Countdown’ award for road<br />

safety.<br />

Much of Linfox’s recent growth has occurred in<br />

Asia, with rapid expansion in India and China in<br />

particular. In addition to organic growth, strategic<br />

acquisitions have played a key role in business<br />

development.<br />

Linfox’s Asian footprint was substantially<br />

boosted with the purchase of Mayne Logistics in<br />

2003. The acquisition of FCL in 2006 cemented<br />

Linfox’s position in <strong>Australia</strong> as a key rail freight<br />

forwarder at a time when rail freight is set to boom,<br />

while the addition of Provincial Freightlines<br />

doubled the size of the company’s New Zealand<br />

business. The acquisition of Westgate Logistics in<br />

2007 bolstered Linfox’s <strong>Australia</strong>n warehouse and<br />

retail operations.<br />

With increasingly complex supply chains, the<br />

development of a sophisticated supply chain<br />

solutions planning capability has won significant<br />

business from major companies across the Asia<br />

Pacific region. Linfox’s Supply Chain Solutions<br />

(SCS) Group provides specialists in IT, supply chain<br />

modelling, warehouse design and financial analysis<br />

to deliver a uniquely skilled support team for Linfox<br />

customers.<br />

Linfox’s recent ‘Award for Excellence in Supply<br />

Chain Management and Distribution’ at the<br />

SMART 2007 Conference recognises the<br />

outstanding contribution of the SCS Group’s<br />

expertise in designing a new state-of-the-art<br />

national distribution centre for Kellogg’s in Sydney.<br />

In a continuing focus on delivering value for its<br />

customers, Linfox is developing ‘campus style’<br />

operations in <strong>Australia</strong>n capitals to provide highly<br />

efficient, modern warehousing and distribution<br />

hubs. These facilities, close to ports, railheads and<br />

commercial areas, will generate tremendous<br />

economies of scale for Linfox and its customers.<br />

Linfox’s Pooraka site in Adelaide, which was<br />

opened by South <strong>Australia</strong>n Premier Rann, is the<br />

first campus style operation.<br />

HISTORY<br />

In 1956, Linfox famously consisted of ‘One Man<br />

One Truck’. With Lindsay Fox still involved in the<br />

business he founded, today Linfox Logistics<br />

generates 13,000 jobs, operates a fleet of 5,000<br />

vehicles, with more than 260 operating sites and<br />

more than 1.8 million square metres of warehousing<br />

space.<br />

That growth has been built on consistently high<br />

standards for employees, facilities and customer<br />

service delivery. This unswerving commitment to<br />

standards is demonstrated in the significant<br />

investment in employee training and leading-edge<br />

technology.<br />

Linfox first established operations in Asia in 1984.<br />

Today it operates in 11 countries including<br />

Malaysia, Thailand, Indonesia, China and Hong<br />

Kong. Operations in Vietnam and India have seen<br />

rapid growth more recently and Linfox now employs<br />

more than 4,000 people throughout Asia. Key to<br />

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10/21/2007, 3:55 AM


THE MARKET<br />

Mambo was launched in 1984 into an industry that<br />

was entirely focused on the production of a surfspecific<br />

product. It was an industry that had grown<br />

rich selling a “dream” and as a result had become<br />

very exclusive. It was also an industry that in<br />

Mambo’s opinion “took itself far too seriously”.<br />

Mambo decided that in<br />

addition to producing<br />

clothing it would share with<br />

the market its passion for art,<br />

humour, music and politics.<br />

In so doing, it became one of the first<br />

brands to move out of the surfspecific<br />

market and into the more<br />

eclectic, surf and streetwear market<br />

where it continues to operate today.<br />

While Mambo is<br />

situated mainly in the youth<br />

clothing and textile area,<br />

their development of several<br />

related product categories<br />

has enabled them to build very active<br />

and successful relationships with the<br />

skiwear, footwear, optical, sunglasses,<br />

watch and surf hardware markets.<br />

ACHIEVEMENTS<br />

Over the past 23 years, Mambo has become one of<br />

<strong>Australia</strong>’s best known brands. In 2006, Principle<br />

(an <strong>Australia</strong>n research company) named Mambo<br />

as ‘<strong>Australia</strong>’s sixth most authentic brand’, in a list<br />

that included brands such as Bonds, Speedo, RM<br />

Williams and Billabong.<br />

Because Mambo evolved out of a large and<br />

successful screenprinting business (Phantom<br />

Textile Printers) there was no financial pressure on<br />

the company to conform to the usual demands of<br />

the surf and streetwear industry. As a result,<br />

Mambo could afford to ignore market convention<br />

and offer a product that was in no way typical of<br />

that being produced at the time. This made it easier<br />

for the consumer to decide what they liked instead<br />

of having the retail industry<br />

making that decision for them.<br />

And that decision has often<br />

been made easier by<br />

Mambo’s use of strong<br />

graphics and often selfdeprecating<br />

humour. These two<br />

facets of Mambo’s<br />

personality have also led<br />

to a change in market<br />

expectation, acting as<br />

a catalyst to expand the parameters of what was<br />

once a very one dimensional industry.<br />

HISTORY<br />

Mambo was launched by Dare Jennings in 1984,<br />

“in a nice pair of boardshorts and a fashionably<br />

oversized t-shirt”. Their classic ‘Farting Dog’ t-shirt<br />

was released in 1987 and is<br />

possibly one of the most<br />

recognisable t-shirt<br />

graphics on the planet.<br />

While Mambo produces a<br />

wide range of surf and street related<br />

products they remain first and foremost, a<br />

surfwear label. But Mambo is not<br />

like other surf labels. Their<br />

passion for surfing represents<br />

just one aspect of a much richer<br />

life. Unlike the major brands,<br />

selling surfing as a religion,<br />

Mambo lives in a much<br />

bigger world. That world is<br />

defined by their passion for “surf<br />

& art & music & love & life &<br />

death & football & just about the<br />

whole damned thing”. By their<br />

own admission, Mambo is a<br />

fiercely independent company and has never<br />

pandered to the whims of the surf and streetwear<br />

market.<br />

Art has played a pivotal part in the company’s<br />

development. Over the past 23 years Mambo has<br />

worked with many well-known <strong>Australia</strong>n and<br />

overseas artists including Reg Mombassa (guitarist<br />

and original member of <strong>Australia</strong>n rock band, Mental<br />

As Anything), Richard Allan, Robert Moore, Josh<br />

Petherick, Paul McNeil, Ben Frost, Beci Orpin, Maria<br />

Kozic, and David McKay plus, Mark Falls and<br />

Robert Williams (US), Trevor Jackson (UK) and<br />

Rockin’ Jelly Bean and Tomoo Gokita (Japan).<br />

In 1993 Mambo was invited by the Art Gallery of<br />

NSW to share wall space along side an international<br />

exhibition of Surrealist art. The following year they<br />

released, ‘Art Irritates Life’, the first of three books.<br />

The release coincided with the launch of an<br />

exhibition of original Mambo artwork at the<br />

Northern Territory Museum and Art Gallery in<br />

Darwin. The show, which included paintings,<br />

original t-shirt graphics, posters, surfboards,<br />

ceramics, rugs and pinball machines, drew record<br />

crowds. As a result of that success the exhibition<br />

travelled to several other state and regional<br />

galleries. Mambo has also had exhibitions in<br />

London, Bologna (Italy) and in Sydney, at the<br />

Museum of Contemporary Art (MCA) and Ray<br />

Hughes Gallery.<br />

The first Mambo ‘Loud Shirt’, a not too distant<br />

cousin of the famous ‘Hawaiian’ shirt, was released<br />

in 1994. ‘Blue Hawaii’ by Martin Plaza (another<br />

member of Mental As Anything), became an instant<br />

hit and led to the creation of a style that has since<br />

become a “classic” (and also very collectible) not<br />

only in <strong>Australia</strong> but also throughout Europe and<br />

the UK.<br />

To cope with a steadily increasing demand for<br />

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10/25/2007, 7:45 PM


THE MARKET<br />

Whether it’s the simple pleasure of savouring the<br />

world’s best-loved chocolate and confectionery,<br />

the warmth that a healthy and contented pet brings<br />

to your family, or the rewards that come from<br />

creating fantastic tastes in your own home, Mars is<br />

the company behind many of the enduring brands<br />

<strong>Australia</strong>ns have come to know and trust.<br />

With a turnover exceeding $1<br />

billion, Mars is one of <strong>Australia</strong>’s<br />

leading consumer brands<br />

companies, supplying local and<br />

export customers with high quality<br />

Food, Petcare, and Snackfood<br />

brands.<br />

These brands include<br />

PEDIGREE® and WHISKAS® (the world’s leading<br />

brands of food for dogs and cats respectively),<br />

“M&M’s”® and SNICKERS® (two of the world’s<br />

top chocolate confectionery brands),<br />

STARBURST® and SKITTLES® (two of the<br />

world’s top sugar confectionery brands) and the<br />

MASTERFOODS®, DOLMIO® and KAN<br />

TONG® food brands.<br />

Although most sales are local, Mars <strong>Australia</strong><br />

exports to more than 30 countries around the world.<br />

BRAND VALUES<br />

Anyone joining Mars quickly finds they are part of<br />

one of the world’s most successful privately owned<br />

companies and beginning a career where they really<br />

are free to grow, both personally and professionally.<br />

The organisation encourages innovation and<br />

initiative, recognises endeavour and achievement<br />

and really believes<br />

that great brands<br />

and great people<br />

make a great<br />

business.<br />

Mars holds special values about the company<br />

and the way it should be run. These values – the<br />

Five Principles – set Mars apart from others,<br />

requiring that it thinks and acts differently towards<br />

its associates, brands and its business. These<br />

principles have always been demanding and are an<br />

essential part of the Mars heritage. Mars<br />

believes they are the real reason for its<br />

success; keeping the company true<br />

to itself at times of growth and<br />

guiding it reliably when it is<br />

challenged.<br />

The Five Principles of Mars are:<br />

The Quality Principle<br />

The consumer is our boss, quality is our<br />

work and value for money is our goal.<br />

The Responsibility Principle<br />

As individuals, we demand total<br />

responsibility from ourselves; as<br />

associates, we support the<br />

responsibilities of others.<br />

The Mutuality Principle<br />

A mutual benefit is a shared<br />

benefit; a shared benefit will endure.<br />

The Efficiency Principle<br />

We use resources to the full, waste nothing and do<br />

only what we can do best.<br />

The Freedom Principle<br />

We need freedom to shape our<br />

future; we need profit to remain<br />

free.<br />

ACHIEVEMENTS<br />

Over its history<br />

Mars’ brands have<br />

been the recipients of<br />

numerous awards for<br />

creative and innovative brand<br />

communications.<br />

The company itself has<br />

traditionally maintained a lower<br />

profile, however is distinctive in<br />

its reputation as an employer of<br />

choice, an efficient manufacturer,<br />

and a community leader in<br />

sustainable business practices.<br />

This is reflected in awards<br />

such as the Premier of<br />

Victoria’s Sustainability<br />

Awards in which the<br />

business has<br />

been a<br />

finalist; the<br />

Employer of Choice - <strong>Australia</strong>n Government’s Equal<br />

Opportunity for Women in the Workplace Award;<br />

the Governor of Victoria Exporter of the Year, and<br />

the recent induction of the company into the<br />

Victorian State Manufacturing Hall of Fame<br />

(for sustained manufacturing excellence).<br />

HISTORY<br />

Founded in 1911, the company now<br />

manufactures and markets a variety of<br />

products under many of the worlds most<br />

recognisable trademarks, in more than one<br />

hundred countries around the world. The<br />

company’s global sales are over US$21<br />

billion annually, a significant achievement<br />

from a humble start when Frank C. Mars<br />

started making and selling butter cream candies in<br />

Tacoma, Washington, U.S.A. The company’s first<br />

blockbuster product was<br />

MILKY WAY®, invented<br />

by Frank Mars and his son<br />

Forrest in 1923, and many<br />

more of the world’s leading<br />

confectionery, food and petcare<br />

products followed. Today Mars also has a<br />

growing beverage and health and nutrition<br />

businesses.<br />

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10/26/2007, 10:06 PM


THE MARKET<br />

Mirvac is a leading integrated real<br />

estate group, listed on the <strong>Australia</strong>n<br />

Securities Exchange (ASX) with more<br />

than $26.3 billion of activities under<br />

its control across the real estate<br />

funds management and<br />

development spectrum. Although<br />

founded in 1972 solely as a real estate<br />

development company, Mirvac is<br />

one of the largest real estate groups<br />

in <strong>Australia</strong> today with significant<br />

interests overseas, successfully<br />

expanding all sectors of the business<br />

across the globe.<br />

With over 5,500 staff throughout<br />

<strong>Australia</strong>, New Zealand, United States and the<br />

United Kingdom, Mirvac now has a strong platform<br />

to develop a significant and successful business<br />

in the long term.<br />

ACHIEVEMENTS<br />

Sustainability has become an essential element of<br />

developing and managing residential and nonresidential<br />

properties and Mirvac continues to<br />

deliver outstanding examples of sustainability in<br />

action. Mirvac secured the joint venture rights to<br />

develop Newington—Sydney’s Olympic Village.<br />

Using environmentally sustainable development<br />

principles, Newington was the first solar suburb in<br />

<strong>Australia</strong>. The housing of 15,000 athletes and<br />

officials for the Sydney Olympic Games was simply<br />

a temporary adaptation. Following on from the<br />

Games, another 900 apartments and homes—<br />

resulting in a total of over 2,000 dwellings—were<br />

built to provide for a population of more than 4,000.<br />

Opened in March 2007, Orion Springfield in<br />

south-east Queensland is one of <strong>Australia</strong>’s most<br />

environmentally friendly shopping centres,<br />

delivering significant environmental benefits across<br />

areas such as energy, water, indoor environmental<br />

quality, transport, management, ecology, materials<br />

and emissions.<br />

Mirvac’s leadership in sustainable development<br />

practices has been recognised in the numerous<br />

awards received to date. Mirvac is also recognised<br />

as having a strong commitment to the next<br />

generation of students who need to develop an<br />

understanding of the growing importance of<br />

sustainability and bring that knowledge into the<br />

business world.<br />

In 2006 Mirvac partnered with Bond University<br />

to create <strong>Australia</strong>’s first tertiary programme in<br />

sustainable development. Sponsorship of the<br />

AIESEC Green Entrepreneurship Challenge for<br />

university students may just uncover the ‘next big<br />

thing’ to make us more sustainable.<br />

Mirvac also offered a full scholarship<br />

to an undergraduate student enrolled<br />

in the University of NSW Bachelor<br />

of Renewable Energy Engineering<br />

degree programme.<br />

HISTORY<br />

The business association that was<br />

to become Mirvac commenced<br />

developing property on a joint<br />

venture basis during the late 1960s<br />

and early 1970s. The joint venturers<br />

were two men from Sydney, Robert<br />

Hamilton and Henry Pollack.<br />

In 1972 Mirvac was launched with<br />

the first real estate development being Montrose, a<br />

block of 12 apartments at Rose Bay in Sydney’s<br />

eastern suburbs. Toward the end of the 1970s, the<br />

company began building houses on subdivided<br />

land in the expanding north-western suburbs of<br />

Sydney.<br />

The early 1980s also saw the development of<br />

The York, Sydney’s first luxury apartment high rise.<br />

Mirvac was able to use the expertise it had<br />

acquired to lead Sydney in this new and exciting<br />

area. The public response to the project stunned<br />

the property market. People queued around the<br />

block for a chance to buy one of the 150 apartments<br />

on offer, and in some cases tried to bribe<br />

salespeople to get to the head of the line. The York<br />

sold out in four hours.<br />

In 1977 Mirvac branched out into hotel<br />

management and ownership, purchasing the Hyde<br />

Park Plaza Hotel in Sydney. In the early 1980s, a<br />

major revival in the Sydney property market gave<br />

Mirvac the chance to expand its operations<br />

considerably. At the time Mirvac was developing<br />

office buildings in the Sydney CBD to sell mainly<br />

to <strong>Australia</strong>n institutional investors. One of the first<br />

major commercial developments completed by<br />

Mirvac was The Landmark tower in Martin Place,<br />

Sydney. It was an outstanding success, being fully<br />

leased upon completion. Although such<br />

developments were providing excellent returns,<br />

Mirvac began to explore how it could retain an<br />

interest in the buildings by way of ongoing<br />

management. To do this, Mirvac established a series<br />

of unlisted property trusts open to outside<br />

investors. It was a major step towards Mirvac<br />

becoming the fully diversified real estate group it is<br />

today. In October 1987 Mirvac was listed on the<br />

<strong>Australia</strong>n Securities Exchange.<br />

Mirvac began its first major project in<br />

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10/21/2007, 4:21 AM


THE MARKET<br />

The <strong>Australia</strong>n Department Store market is an everevolving<br />

and highly competitive industry that<br />

requires a strong product offer across a broad range<br />

of categories and the ability to adapt to the continual<br />

changing needs of the <strong>Australia</strong>n customer.<br />

Myer is a market leader in <strong>Australia</strong>n retailing<br />

and is continually transforming to better serve its<br />

customers and their needs. Myer trades in a very<br />

aggressive market and is in direct competition with<br />

high-end retailers as well as discount retailers.<br />

Myer’s ability to appeal to a broad market, from<br />

high-end fashion and glamour cosmetics to daily<br />

home and electrical needs, has been the driving<br />

point for Myer’s success in the department store<br />

industry. Myer commits itself to making shopping<br />

easy and convenient but also a fun and exciting<br />

experience.<br />

Myer has a larger number of stores nationally<br />

than any other department store chain in <strong>Australia</strong>,<br />

and its goal for the near future is to increase the<br />

number to 80. This would make Myer’s<br />

representation in the market twice as big as its<br />

nearest competitor’s.<br />

ACHIEVEMENTS<br />

The development and recognition of team<br />

members has been a primary focus at Myer over<br />

the past 14 months. Creating an environment that<br />

provides team members with the opportunity to<br />

grow and developing a culture focused on<br />

rewarding performance is an important part of<br />

Myer’s strategy for growth.<br />

The reintroduction of the Myer Graduate<br />

Program and the 25-year club were quickly<br />

implemented by the new management team.<br />

The Myer 25-year club recognises the retailer’s<br />

long serving and loyal team members who have<br />

made an invaluable contribution to Myer. In 2007,<br />

Myer welcomed 120 new members, taking the total<br />

number to 2200.<br />

The Myer Graduate Program was officially<br />

reinstated in December 2006 with 14 Myer team<br />

members. The Graduate Program allows<br />

participants to work across four different areas of<br />

the business over a year. On completion,<br />

participants are placed in a role with Myer.<br />

The Management Development Program is open<br />

to team members with strong leadership skills who<br />

see themselves as future Myer Customer Service<br />

and Selling Managers and eventually Operations,<br />

Merchandise or Store Managers.<br />

Over the past few years Myer team members<br />

have been finalists in the National Retail<br />

Association’s Young Retailer of the Year Awards,<br />

which recognise excellence in retailing, highlighting<br />

the focus on developing team members to achieve<br />

their potential.<br />

Local Area Marketing has been strongly<br />

embraced by Myer stores across the country.<br />

Stores raise the Myer profile in their communities<br />

by organising their own activities while building<br />

relationships with key local suppliers and<br />

customers.<br />

HISTORY<br />

With a history that spans over 100 years, Myer is a<br />

name synonymous with <strong>Australia</strong>n retailing. The<br />

Myer story dates back to 1899 when Sidney Myer,<br />

a penniless Russian immigrant, opened the first<br />

Myer Drapery store in Bendigo, Victoria, with the<br />

support of his brother Elcon. Its success led to the<br />

opening of a second store in Bendigo in 1908.<br />

In 1911 Sidney Myer bought a drapery store in<br />

Bourke Street, Melbourne. This was an era of<br />

dramatic change in retailing and the Myer store<br />

embraced this changing climate, incorporating<br />

strategies such as mass buying, aggressive selling<br />

and powerful advertising. Previously unheard of<br />

full-page advertisements of bargain sales,<br />

impressive window displays and huge crowds<br />

became commonplace at Myer.<br />

Sidney Myer continued to purchase properties<br />

on either side of his Bourke Street establishment.<br />

By 1914 the Bourke Street building was eight stories<br />

high, becoming the largest retail outlet in the<br />

country.<br />

Sidney now began the national expansion of<br />

the business, setting up stores first in Adelaide<br />

and then later across <strong>Australia</strong>.<br />

In 1983 Myer acquired Grace Bros Holdings Ltd.<br />

The merging of these two retailing giants in 1989<br />

saw the birth of <strong>Australia</strong>’s biggest department<br />

store group. In 2004 the Grace Bros stores were rebranded<br />

to Myer.<br />

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THE MARKET<br />

The <strong>Australia</strong>n banking market is<br />

highly competitve. In 2006, the<br />

<strong>Australia</strong>n regional business of<br />

National <strong>Australia</strong> Bank Limited<br />

reignited its brand and recommitted to<br />

helping customers fulfil their<br />

aspirations.<br />

National <strong>Australia</strong> Bank Limited is<br />

a international financial services<br />

organisation that is building a portfolio<br />

of brands and businesses positioned<br />

for success. These include NAB with<br />

MLC in <strong>Australia</strong>; Bank of New<br />

Zealand; Clydesdale and Yorkshire<br />

banks in the UK; and nabCapital, its<br />

global institutional markets and<br />

services business.<br />

ACHIEVEMENTS<br />

In 2006, National <strong>Australia</strong> Bank Limited had a record<br />

year, not only in returns but also with great service,<br />

great products and great advice.<br />

Full year results for 2006 were a standout. Net<br />

profit increased by 10% to $4.39 billion and cash<br />

earnings across the Group (before significant items)<br />

were $3.97 billion, an increase of 21.9%. Every part<br />

of the business contributed to this growth.<br />

NAB’s purpose is to deliver satisfactory returns<br />

to shareholders, and it is delivering on that purpose.<br />

NAB’s success is due to two key elements: the<br />

continuing efforts and customer focus of the bank’s<br />

people right around the Group, and the two and a<br />

half years of detailed planning, hard work and careful<br />

implementation of the regional model.<br />

NAB reignited the brand and recommitted to<br />

helping customers fulfil their aspirations. Backing<br />

its people and customers is the hallmark of the NAB<br />

brand and since staff united around this belief,<br />

performance has lifted in many ways. NAB enjoyed<br />

the largest percentage improvement among the<br />

major banks for customer satisfaction in the year to<br />

September 2006.<br />

NAB also received many prestigious industry<br />

awards. These included Bank of the Year by Money<br />

Magazine/Cannex in the 2006 Consumer Finance<br />

Awards; Business Bank of the Year in CFO<br />

Magazine’s 2006 Awards; Best Life Insurance<br />

Company 2006 by <strong>Australia</strong>n Banking and Finance<br />

magazine; Best Life Insurance Company of the Year<br />

2006 in the <strong>Australia</strong> and New Zealand Insurance<br />

Industry Awards; and Best New<br />

Product of the Year<br />

2006 in Rainmaker<br />

Marketing Symposium<br />

(MLC Longer Term<br />

Absolute Return<br />

Portfolio). NAB also<br />

received Asian Banker<br />

Magazine’s Retail Risk<br />

Management Award;<br />

Company of the Year for<br />

National Leads CRM tool<br />

in the International Direct Marketing Awards; and<br />

very importantly the award for ‘Brand<br />

Revitalisation 2006’ by the <strong>Australia</strong>n Marketing<br />

Institute.<br />

HISTORY<br />

National <strong>Australia</strong> Bank today is the product of the<br />

1981 merger of two of <strong>Australia</strong>’s oldest banks, the<br />

National Bank of Australasia (established in 1858)<br />

and the Commercial Banking Company of Sydney<br />

(established in 1834).<br />

The original National Bank of Australasia was<br />

born during the great Victorian gold<br />

rushes of the 1850s while the CBC of<br />

Sydney grew to service the expanding<br />

pastoral and farming industries of the<br />

then Colony of New South Wales.<br />

Helped by a series of acquisitions, the<br />

operations of both banks eventually<br />

spanned the continent. Well into the<br />

20th century the growth of the two<br />

banks paralleled and contributed to the<br />

development of a young nation. The<br />

1981 merger brought these two great<br />

organisations together and combined<br />

the heritage of the two brands to form<br />

National <strong>Australia</strong> Bank Limited. This<br />

proud heritage is clearly evident in a<br />

network of numerous historic branch<br />

buildings, many of which date back to<br />

the 19th century and are classified by<br />

the National Trust. Such heritage is a<br />

cornerstone of the National <strong>Australia</strong> Bank brand.<br />

With the emergence of deregulation and<br />

increased competition in the 1980s the newlyformed<br />

National <strong>Australia</strong> Bank was well placed to<br />

succeed in the domestic marketplace as well as<br />

expand operations offshore. In1987 the National<br />

acquired Clydesdale Bank followed by Yorkshire<br />

Bank in 1990, Bank of New Zealand in 1992 and<br />

Michigan National Bank in 1995.<br />

THE PRODUCT<br />

NAB is an international<br />

financial services<br />

organisation which<br />

provides a comprehensive<br />

and integrated range of<br />

financial products and<br />

services.<br />

National <strong>Australia</strong><br />

Bank Limited is organised<br />

around three regional<br />

businesses: <strong>Australia</strong>, UK/Europe and New<br />

Zealand. These regions include the retail bank<br />

brands, wealth management services and the<br />

transactional and custodial operations of the former<br />

Institutional Markets & Services division. In<br />

addition there is global business nabCapital, which<br />

focuses on debt, risk management and investment<br />

products for corporate and institutional customers.<br />

Retail bank brands are the National <strong>Australia</strong><br />

Bank (<strong>Australia</strong>), Bank of New Zealand (New<br />

Zealand), and Yorkshire Bank and Clydesdale Bank<br />

(United Kingdom).<br />

Business and Private Banking is performing<br />

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10/21/2007, 1:53 PM


THE MARKET<br />

Origin is one of <strong>Australia</strong>’s largest energy<br />

providers, offering gas, electricity and related<br />

services to over 3.6 million residential and business<br />

customers in <strong>Australia</strong>, New Zealand and the<br />

Pacific. Today Origin is proud to be <strong>Australia</strong>’s<br />

number one green energy provider – at the forefront<br />

of sustainability.<br />

Origin has taken advantage of growth<br />

opportunities provided by the continuing<br />

deregulation of <strong>Australia</strong>’s retail energy industry<br />

which began in 1996, meaning customers in Victoria,<br />

South <strong>Australia</strong>, Queensland and New South Wales<br />

are able to choose their electricity and gas retailer.<br />

Deregulation has resulted in a significant increase<br />

in competition and a new era for the energy industry.<br />

Origin is an integrated energy company which<br />

means that in addition to retailing energy, Origin<br />

also is an oil and gas producer and electricity<br />

generator.<br />

Origin has more than 3,400 employees on 250-<br />

plus sites across <strong>Australia</strong>, New Zealand and the<br />

Pacific. The company has more than 105,000<br />

shareholders.*<br />

ACHIEVEMENTS<br />

Origin is <strong>Australia</strong>’s leading provider of green<br />

energy, supplying more customers than any other<br />

retailer in <strong>Australia</strong>. It is also <strong>Australia</strong>’s largest<br />

supplier of grid-connected solar systems.<br />

Over the years, Origin’s initiatives have gathered<br />

many accolades. Origin received Employer of<br />

Choice accreditation by the Equal Opportunity for<br />

Women in the Workplace Agency. Origin was also<br />

recognised for sustainability leadership at the<br />

Ethical Investor <strong>Australia</strong>n Sustainability Awards,<br />

for taking a leadership role in the climate change<br />

debate. The Prime Minister selected the Origin-led<br />

consortium to deliver <strong>Australia</strong>’s first Solar City<br />

project in Adelaide.<br />

By the end of 2007, Origin will celebrate over<br />

quarter of a million customers buying green energy<br />

from them, securing its position as <strong>Australia</strong>’s<br />

number one green energy provider. Origin has a<br />

maximum five star rating in Ethical Investor<br />

magazine’s corporate monitor in all three areas of<br />

assessment - environmental performance, social<br />

responsibility and corporate governance.<br />

Origin has been recognised for leading the way<br />

in sustainability practices at the Victorian Premier’s<br />

Sustainability Awards. Origin was recognised for<br />

its efforts to raise the issue of sustainability, and<br />

received the prestigious Victorian-based Fire<br />

Awareness Community Service Award (FACSA) in<br />

the Business award category for Origin’s Home<br />

Safety Program.<br />

Origin also demonstrates leadership in the<br />

community through the Channel 7 Sunrise “Cool<br />

the Globe” challenge, which helped to reduce over<br />

100,000 tonnes of greenhouse gas emissions; by<br />

becoming official provider of green energy to the<br />

2006 Commonwealth Games; and by helping Live<br />

Earth Sydney, July 2007 be a carbon neutral event.<br />

HISTORY<br />

Origin Energy was listed on the <strong>Australia</strong> Stock<br />

Exchange in February 2000. However, Origin’s roots<br />

date back to 1859 when the Launceston Gas<br />

Company was formed.<br />

In 2001 and 2002, Origin further increased its<br />

customer base and electricity retailing capability<br />

with the acquisition of the Powercor and CitiPower<br />

electricity retail businesses in Victoria. Origin’s<br />

Otway Basin investments came to fruition with the<br />

discovery of two new large gas fields – Thylacine<br />

and Geographe – which will supply the growing<br />

gas needs of south eastern <strong>Australia</strong>.<br />

In 2004 the construction and commissioning of<br />

the SEA Gas Pipeline was completed, linking the<br />

Victorian and South <strong>Australia</strong>n gas markets. In this<br />

same year, Origin also acquired a 50% interest in<br />

the Kupe Gas Field and reached an agreement to<br />

acquire Edison Mission Energy’s 51.4% interest in<br />

Contact Energy in New Zealand.<br />

In 2005, production commenced at Origin’s<br />

Spring Gully gas processing facilities in Queensland<br />

and at the new SLIVER solar cells demonstration<br />

plant in South <strong>Australia</strong>.<br />

The BassGas Project, capable of meeting almost<br />

10% of Victoria’s gas needs, was commissioned in<br />

2006.<br />

In 2007 Origin acquired Sun Retail in Queensland<br />

and 840,000 customers to firmly establish its<br />

electricity base in South East Queensland, which<br />

will significantly boost its already established<br />

natural gas and LP Gas customer base in this market.<br />

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THE MARKET<br />

They’re little and they stick — but not<br />

too hard. That’s why everyone loves<br />

Post-it® Notes! Yet the unique<br />

adhesive that makes these little notes<br />

so indispensable waited more than<br />

a decade for its chance to change<br />

the world.<br />

3M created an entirely new<br />

market when it launched<br />

Post-it® Notes. It is hard to<br />

know how offices survived<br />

before ‘Repositionable<br />

Notes’ were invented. In<br />

any office today,<br />

computer terminals,<br />

doors, desks and folders<br />

will be dotted with the familiar brightly-coloured<br />

notes. They have become an essential element of<br />

our working - and home - lives. The Post-it® Note<br />

is a product we didn’t realise we needed until it was<br />

invented.<br />

Doing away with the need to scribble on pieces<br />

of paper and attach notes with paper clips, Postit®<br />

Notes target any business which needs to<br />

remember, communicate and organise information;<br />

in other words, every business. According to 3M’s<br />

research, secretarial is the largest slice of the Postit®<br />

Note market, with big users including education,<br />

management training and the small office/home<br />

office (SOHO) sector.<br />

Despite what everyone says<br />

about e-mail doing away with the<br />

hand-written word, 75 per cent of<br />

adults are described as ‘note<br />

writers’. Of these, 56 per cent are<br />

heavy users of repositionable<br />

notes, 30 per cent are light users<br />

and 14 per cent don’t use them at<br />

all. Curiously, 71 per cent of heavy<br />

repositionable note users are<br />

women. Women also go for the<br />

brightly coloured notes more than<br />

men, which partly explains why<br />

Post-it® Notes are now available<br />

in many more colours than the<br />

original Canary® Yellow.<br />

ACHIEVEMENTS<br />

The Post-it® Note was a genuinely<br />

important invention. Fortune<br />

Magazine recognised this when, in<br />

November 1999, it ranked the Postit®<br />

Note in its Products of the<br />

Century League. Alongside the<br />

paper clip, the Xerox photocopier<br />

and fax machine, the Intel<br />

microprocessor and the Apple<br />

Macintosh, 3M’s adhesive note was judged<br />

to be a product that has helped to revolutionise the<br />

workplace.<br />

As with other brand names in the Fortune league<br />

- like Xerox and Hoover - the Post-it® is one of<br />

those rare trademarks which has gained fame the<br />

world over and is immediately identified with 3M’s<br />

innovative repositionable yellow notes. That in itself<br />

is an enviable achievement and a formidable<br />

marketing position for any brand.<br />

Not surprisingly, brand awareness is very<br />

high, with 62 per cent spontaneous<br />

and 95 per cent prompted awareness.<br />

The Post-it® Note, and its<br />

inventor, Art Fry, have been suitably<br />

honoured over the years. Fry<br />

received the Outstanding Alumni<br />

Award from the University of<br />

Minnesota, the Premio Smau<br />

Industrial Design Award from<br />

the Italian Design Association<br />

and was voted one of the best<br />

100 people in the world by<br />

Esquire Magazine. The product<br />

has even been celebrated in a<br />

book, called ‘Rapid Problem<br />

Solving with Post-it® Notes’.<br />

HISTORY<br />

In the 1970s, 3M scientist Art Fry used<br />

to sing in a church choir on Sundays. His idea for<br />

the Post-it® Note came when he was looking for a<br />

way of organising musical scores and song sheets<br />

for the service. Making do with marks made from<br />

small slips of paper, he began to think of how he<br />

ideally needed a bookmark that would attach and<br />

detach lightly, stick without falling off and not<br />

damage the paper.<br />

Dr. Spencer Silver, a 3M scientist, had discovered<br />

the formula for the sticky stuff back in 1968. But it<br />

was Art Fry who finally came up<br />

with a practical use for it. So, taking<br />

advantage of a 3M policy known<br />

as the “bootlegging” policy, Fry<br />

used a portion of his working hours<br />

to develop a solution to his<br />

problem. Now the world is singing<br />

the praises of his pet project: Postit®<br />

Notes.<br />

After years of product<br />

development, 3M introduced the<br />

concept of Post-it® Notes in four<br />

major markets in 1977. But without<br />

samples to try, consumers didn’t<br />

catch on. A year later, 3M<br />

blanketed the Boise, Idaho, market<br />

with samples of Post-it® Notes.<br />

After trying the notes, more than<br />

90 percent of users said they’d buy<br />

the product themselves. By 1980,<br />

Post-it® Notes were being sold<br />

nationally in the USA. Today,<br />

they’re used and enjoyed<br />

throughout the world.<br />

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10/23/2007, 8:58 AM


THE MARKET<br />

Qantas is the world’s second oldest airline and<br />

<strong>Australia</strong>’s leading airline, operating more than<br />

5,000 domestic flights a week under the Qantas,<br />

QantasLink and Jetstar brands. The airline serves<br />

57 destinations in <strong>Australia</strong>, across all states and<br />

mainland territories. The Qantas Group operates<br />

nearly 750 international flights every week, offering<br />

services to 82 overseas destinations in 36 countries<br />

(including codeshare services). The airline serves<br />

major cities in the Asia/Pacific region, the UK,<br />

Europe, North America, South America and<br />

southern Africa.<br />

The Qantas Group carried nearly 34 million<br />

passengers in the year ended 30 June, 2006.<br />

ACHIEVEMENTS<br />

Qantas has a widely acknowledged history of<br />

innovation. As early as 1958, it pioneered a roundthe-world<br />

service, with two Super Constellations<br />

circumnavigating the globe in opposite directions.<br />

In 1979 it was the first airline to introduce Business<br />

Class.<br />

Qantas has twice won the prestigious<br />

Cumberbatch trophy - awarded by the British Guild<br />

of Air Pilots and Air Navigators for safety and<br />

reliability.<br />

Qantas is committed to the highest standards of<br />

corporate social responsibility and is a proud<br />

financial and hands-on supporter of a wide range<br />

of community, arts and sporting organisations. In<br />

April 2003, Qantas was awarded the inaugural<br />

Queensland Community Foundation Award in<br />

recognition of the company’s ongoing support of<br />

communities in need, with particular mention of<br />

Qantas’ efforts following the tragic bombings in<br />

Bali in October 2002.<br />

In 2003 Qantas and long-term partner UNICEF<br />

were awarded the <strong>Australia</strong>n Financial Review<br />

Magazine’s award for outstanding long term<br />

partnership.<br />

HISTORY<br />

Qantas was established by pioneer aviators Paul<br />

McGinness and Wilmot Hudson Fysh on their<br />

return from service with the <strong>Australia</strong>n Flying Corps<br />

in World War I, and grazier, Fergus McMaster. It<br />

was registered in Brisbane on 16 November 1920.<br />

The company takes its name from the initial letters<br />

in the words in the original registered title -<br />

Queensland and Northern Territory Aerial Services<br />

Limited. The company began its operations with<br />

joy rides and air taxi flights. Regular scheduled<br />

airmail and passenger services began on 2<br />

November 1922, from Charleville to Cloncurry in<br />

rural Queensland. The journey of 923 kilometres<br />

took two days with an overnight stop at Longreach.<br />

In 1919 McGinness and Hudson Fysh were<br />

commissioned to find suitable landing grounds for<br />

a Great Britain-<strong>Australia</strong> air race. After completing<br />

the survey in a Model T Ford, they were convinced<br />

that air travel was the ideal alternative for crossing<br />

sparsely populated country where roads were<br />

almost non-existent. McGinness soon pursued<br />

other interests, Fysh - later Sir Hudson - remained<br />

with the company for 46 years. He was knighted in<br />

1953 and retired as Chairman in 1966.<br />

Qantas has played a key role in the development<br />

of <strong>Australia</strong>n and international aviation. In 1928 it<br />

operated the first flying doctor service for the<br />

Reverend John Flynn’s <strong>Australia</strong>n Inland Mission.<br />

In 1931 Qantas made its first link with Imperial<br />

Airways (a predecessor of British Airways) when it<br />

carried mail to Darwin as part of an experimental<br />

<strong>Australia</strong>-UK service.<br />

The year 1934 saw the formation of Qantas<br />

Empire Airways Limited, with Imperial Airways<br />

holding 50 per cent. The two airlines began regular<br />

<strong>Australia</strong>-UK services in December 1934, initially<br />

carrying only mail.<br />

A Qantas aircraft flew overseas for the first time<br />

in February 1935 when a DH86 operated the<br />

Brisbane to Singapore section of the service, and<br />

the first Qantas overseas passenger left Brisbane<br />

for Singapore in April 1935. Four-engined Shorts<br />

‘Empire’ flying boats brought new levels of luxury<br />

and comfort to the <strong>Australia</strong>-UK service from July<br />

1938.<br />

THE PRODUCT<br />

All Qantas aircraft are maintained to the highest<br />

standards and are flown by some of the world’s<br />

most experienced pilots. Qantas also undertakes<br />

engineering, pilot and cabin crew training for<br />

customer airlines.<br />

Qantas’ total fleet currently comprises of nearly<br />

216 aircraft, comprising Boeing 747s, 767s, 737s and<br />

717s. The group also operates Airbus A330s and<br />

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10/21/2007, 7:01 AM


THE MARKET<br />

Property is a significant asset class<br />

which continues to play a vital role<br />

in the economic health and wealth<br />

of <strong>Australia</strong>. In fact around 70 per<br />

cent of <strong>Australia</strong>ns own a home,<br />

one of the highest home<br />

ownership rates in the world.<br />

Since 1992, <strong>Australia</strong> has<br />

enjoyed unprecedented economic<br />

expansion – the longest<br />

uninterrupted growth spurt in our<br />

nation’s history. Add low levels of<br />

unemployment and inflation along<br />

with productivity, business<br />

investment and stock exchange<br />

highs, and it’s easy to see why<br />

residential, commercial and rural<br />

property markets have continued<br />

to shine.<br />

<strong>Australia</strong>’s tax laws also favour property<br />

investment. <strong>Australia</strong> is one of only a handful of<br />

countries which have sensibly introduced<br />

unrestricted ‘negative gearing’. Negative gearing<br />

was introduced in the 1980s as an initiative to<br />

encourage income earners to become landlords and<br />

as such support the supply of rental properties.<br />

With 1.4 million landlords, it’s fair to say the<br />

initiative has worked well. Indeed the appeal of<br />

negative gearing into property was further<br />

enhanced by the Federal Government’s decision<br />

to halve the rate at which capital gains are taxed,<br />

back in the late 1990s.<br />

ACHIEVEMENTS<br />

Raine & Horne celebrates its 125th year of offering<br />

a complete professional Real Estate service to all<br />

<strong>Australia</strong>ns in 2008. The company has enjoyed an<br />

excellent reputation and goodwill is said to be<br />

amongst the highest in the industry with national<br />

sales figures amongst the best in <strong>Australia</strong>.<br />

Since 1883, Raine & Horne has been inextricably<br />

linked to the <strong>Australia</strong>n property market and today<br />

boasts more than 5,000 people and over 400 offices<br />

<strong>Australia</strong>-wide, operating under the Raine & Horne<br />

banner. Combine this with over 40 offices in Asia/<br />

Pacific and Europe, and Raine & Horne is one of<br />

the world’s most substantial real estate networks.<br />

These worldwide offices provide an invaluable<br />

source of local demographic and market information<br />

for all Raine & Horne clients. The global network<br />

also provides every Raine & Horne client with a<br />

platform to market their property internationally in<br />

a cost effective, direct, and well-informed way. As<br />

with any other commercial endeavour, knowledge<br />

is power and in the international arena, power is<br />

everything.<br />

Raine & Horne is a success<br />

not only because it employs the<br />

best people, but also because it<br />

aligns itself with the best<br />

organisations internationally.<br />

This enables Raine & Horne<br />

offices in <strong>Australia</strong> to promote<br />

properties to the international<br />

market place without the cost,<br />

saving clients thousands.<br />

HISTORY<br />

The Raine & Horne story is closely tied to the<br />

growth and progress of the real estate industry.<br />

In 1883, real estate pioneers Tom Raine and<br />

Joseph Horne opened the doors of <strong>Australia</strong>’s<br />

iconic property firm Raine & Horne for the first<br />

time.<br />

Operating from Wentworth Court, Elizabeth<br />

Street in Sydney, Raine & Horne adhered to a set of<br />

business practices that have been<br />

maintained to the present day. The<br />

property pioneers committed to<br />

personalised service and to<br />

meeting a client’s property needs<br />

across sales, leasing, management<br />

and consulting services, for all<br />

types of property.<br />

In the 1880s, the responsibilities<br />

of a land agent were all<br />

encompassing and included<br />

residential sales, valuations<br />

consultancy and rent collection.<br />

This broad background provided<br />

the foundation for Raine &<br />

Horne’s outstanding reputation<br />

and has helped hundreds of<br />

thousands of homebuyers buy<br />

into the “Great <strong>Australia</strong>n Dream”.<br />

By the 1970s and driven by the<br />

enthusiasm of current Chairman Max Raine, the<br />

Raine & Horne network stretched across Sydney.<br />

Not satisfied with the extent of expansion, the Raine<br />

& Horne Board decided that Raine & Horne would<br />

become only the second property group to pursue<br />

a franchising business model. This proved a major<br />

watershed for Raine & Horne, which opened its<br />

first franchised office, Raine & Horne Liverpool<br />

NSW, in 1976. As a result, Raine & Horne now has<br />

offices in the <strong>Australia</strong>n Capital Territory,<br />

Queensland, South <strong>Australia</strong>, Northern Territory,<br />

Tasmania, Victoria, and Western <strong>Australia</strong> as well<br />

as more than 40 offices globally.<br />

Raine & Horne is today one of<br />

the oldest privately owned firms in<br />

the southern hemisphere and<br />

through its 125 years has survived<br />

world wars, booms, busts and<br />

depressions. It is now into its fourth<br />

generation of family ownership with<br />

Angus Raine taking over as the<br />

company’s CEO in December 2006.<br />

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THE MARKET<br />

Office paper performs an essential role in our<br />

day to day lives. In a world where our lifestyle<br />

depends on so many things made from nonrenewable<br />

resources it remains a unique, fully<br />

recyclable product made from natural materials.<br />

Technology has dramatically increased the<br />

amount of data available to businesses and<br />

paper remains an important tool in managing<br />

this flow of information. The unique physical<br />

presence of paper continues to make it an ideal<br />

technology for developing and sharing<br />

information and ideas in homes and offices<br />

throughout <strong>Australia</strong>.<br />

The office papers market in <strong>Australia</strong><br />

continues to grow. In recent years there has<br />

been a higher level of consumer focus on<br />

environmental issues in the office paper<br />

category. In response to this trend, Reflex<br />

Recycled continues to grow at well above market<br />

rates based on its premium quality positioning.<br />

Being <strong>Australia</strong>n made using locally sourced waste<br />

paper, Reflex Recycled contributes to reducing<br />

<strong>Australia</strong>n landfill.<br />

ACHIEVEMENTS<br />

Reflex is the most recognised office paper brand in<br />

the <strong>Australia</strong>n market with close to 100 per cent<br />

total recall amongst paper buyers. Following its<br />

release in 1984, Reflex was the first office paper in<br />

the world to be advertised on television and is now<br />

the most widely distributed and leading brand of<br />

office paper in the <strong>Australia</strong>n market.<br />

Reflex is ranged across a broad spread of<br />

channels from supermarket retailers to large contract<br />

stationers. The<br />

Reflex brand was originally launched with the key<br />

product offering, Reflex A4. Over the past 23 years,<br />

the offer has expanded to include a range of sizes<br />

as well as Reflex Unwrapped, Reflex Colours, Reflex<br />

Recycled, Reflex Laser and Reflex Platinum.<br />

In 2006, Reflex demonstrated environmental<br />

leadership by becoming the first <strong>Australia</strong>n made<br />

office paper to achieve Forest Stewardship Council<br />

(FSC) Chain of Custody Certification (SW-COC-<br />

1966) for A4 Reflex products manufactured at the<br />

Maryvale Mill in Victoria.<br />

The FSC is an international not-for-profit<br />

organisation which promotes responsible<br />

stewardship of the world’s forests. Currently, WWF<br />

(formerly known as the World Wildlife Fund)<br />

considers FSC certification the most credible forest<br />

certification system that<br />

ensures environmentally<br />

responsible, socially<br />

beneficial and economically<br />

viable management of<br />

forests.<br />

HISTORY<br />

By the early 1980s, dry<br />

toner photocopying<br />

machines had become the<br />

dominant office printing<br />

technology and demand for<br />

office paper was booming.<br />

At the time, price was a<br />

major driver of purchase,<br />

yet research showed that<br />

paper buyers regarded<br />

quality as more important<br />

than price. Following further market research,<br />

local manufacturer APPM rebranded its<br />

premium office paper, “Reflex”.<br />

To support the launch of this new<br />

copy paper brand, a powerful integrated<br />

marketing campaign was developed.<br />

Success in the form of sales growth<br />

was immediate and Reflex went on to<br />

become a household name.<br />

APPM became <strong>Australia</strong>n Paper<br />

after the company was purchased by<br />

Amcor in 1993 and key Reflex products<br />

were transferred to <strong>Australia</strong>’s largest<br />

paper making complex at Maryvale in<br />

Victoria’s Latrobe Valley. Reflex was<br />

given a further quality boost in<br />

February, 1999 with the investment of<br />

$300 million in a new, world class paper<br />

machine at the Maryvale Mill. In April 2000,<br />

Amcor demerged its fine papers division to form<br />

PaperlinX which was then listed on the<br />

<strong>Australia</strong>n Stock Exchange. PaperlinX Office<br />

(www.paperlinxoffice.com.au) was formed in 2006<br />

as a new integrated office products business.<br />

One of its key responsibilities is the ongoing<br />

development of the Reflex brand.<br />

THE PRODUCT<br />

Over the past two decades, <strong>Australia</strong>ns have<br />

continued to rely on Reflex for its superior quality,<br />

reliability and performance.<br />

Reflex maintains its premium quality,<br />

consistency and reliability by using advanced<br />

technology during the manufacturing process.<br />

The paper surface has been specially developed<br />

to ensure guaranteed performance. Paper quality<br />

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THE MARKET<br />

The razor blade market in <strong>Australia</strong> is currently<br />

valued at approximately $198 million split between<br />

replaceable razor blades ($106m), disposable razors<br />

($65m) and razors ($25m).<br />

The past few decades have seen some fairly<br />

dramatic technological changes in the wet shaving<br />

market. In the early 1960s the market was dominated<br />

by carbon steel double blades, slowly replaced by<br />

stainless steel towards the end of the decade. The<br />

1970s saw the first systems products evolve and<br />

the introduction of the disposable razor. The first<br />

half of the 1980s was the era of the disposable as<br />

they became widely available in all forms - single<br />

blade, twin blade, fixed and swivel heads. Since<br />

then, the systems razors have benefited immensely<br />

from technological advances. Razor handles<br />

designed specifically for women have been<br />

introduced, as well as lubricating strips, guard bars<br />

and an increasing number of blades all attempting<br />

to deliver a closer, more comfortable shave.<br />

ACHIEVEMENTS<br />

One of the most noteworthy accomplishments of<br />

the Schick Shaving Products Group was the<br />

development of a one-push cleaning feature to aid<br />

in removing debris from between blades. Clean<br />

blades last longer and provide a closer shave.<br />

Many razor systems<br />

produced by the Schick<br />

Shaving Products Group<br />

have a comfort or lubricating<br />

strip located on the cap<br />

above the blades. Warner<br />

Lambert originally patented<br />

this improvement to the daily<br />

shave. These strips, some of<br />

which contain aloe, are made<br />

from water-soluble polymer.<br />

When activated by water<br />

they provide lubrication that<br />

makes the shave more<br />

comfortable. Another<br />

approach to the same end is<br />

used on many products, in<br />

which an aquaglide strip is<br />

positioned on the cartridge<br />

cap. When wet, the strip<br />

becomes extremely slippery<br />

and reduces the friction<br />

between skin and blade.<br />

These innovative materials<br />

are safe to the consumer and<br />

effective in improving<br />

shaving comfort.<br />

In an effort to develop an extremely safe shaving<br />

system the twin blades in some products are<br />

wrapped with very thin wire. Patented Microfine<br />

Wire Wraps protect the skin from nicks, cuts and<br />

irritation while providing the closeness the shaver<br />

needs.<br />

Another major development in shaving is the<br />

flexible cartridge. A sophisticated design and special<br />

materials allow the blades to flex to the contours of<br />

the area being shaved. The innovative flexing action<br />

of the twin blade cartridges shaves like no other<br />

system and conforms to the unique shape of every<br />

face.<br />

Schick’s entry into the women’s blade market<br />

was in 1995 with the Schick Silk Effects for Women<br />

Razor. This razor has patented micro-fine wires<br />

wrapped around twin blades which make getting a<br />

closer shave gentler on your skin. The razor was<br />

the first designed specifically to meet women’s<br />

needs - not just an adaptation of a man’s razor.<br />

Since then Schick has continued to launch<br />

innovative new shaving solutions into the women’s<br />

wet shave market and their differentiated portfolio<br />

of products has seen them recently become the<br />

market leaders within women’s razors in the<br />

<strong>Australia</strong>n market (Aztec scan data MAT 19/8/07).<br />

Schick has been first to market with a number of<br />

products: the first triple<br />

bladed disposable, the<br />

Xtreme3; the first all-in-one<br />

women’s shaving system,<br />

Intuition; as well as the first<br />

four-bladed razor, Quattro.<br />

The Xtreme3 disposable is<br />

currently the number one<br />

selling disposable brand.<br />

HISTORY<br />

Schick traces its origins to the<br />

inventive US Army Lieutenant<br />

Colonel Jacob Schick. He<br />

retired from the military in 1910<br />

but then returned to service<br />

at the start of World War I. In<br />

1921, inspired by the army<br />

repeating rifle, Colonel Schick<br />

invented a new type of safety<br />

razor - the Magazine<br />

Repeating Razor. It had<br />

replacement blades stored in<br />

the handle ready to be fed into<br />

shaving position without the<br />

chore and danger of handling<br />

a sharp blade. Production of this innovative razor<br />

started in Jersey City in 1926. These razors were<br />

the forerunners to the famous Injector Razor. In<br />

1927, Schick sold all his interest in the Magazine<br />

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THE SCHWEPPES DEVICE AND THE BUBBLE DEVICE ARE TRADE MARKS OF THE CADBURY SCHWEPPES GROUP USED UNDER LICENCE IN AUSTRALIA BY CADBURY SCHWEPPES PTY LTD.<br />

THE MARKET<br />

Every <strong>Australia</strong>n drinks an average of 119 litres of<br />

soft drinks a year, which makes the carbonated<br />

beverage market in <strong>Australia</strong> one of the largest in<br />

the world.<br />

The total Non Alcoholic Ready to Drink<br />

beverage market is growing at nearly 6% in 2007,<br />

with soft drinks, mixers and mineral waters all in<br />

growth, due primarily to product innovation<br />

delivering healthier options, consumer promotions<br />

and increased advertising support.<br />

ACHIEVEMENTS<br />

The Schweppes brand is the number one mixer<br />

brand nationally, in terms of both volume and value.<br />

Schweppes Mixers have more than 5 times the<br />

market share of any other brand in <strong>Australia</strong>, due<br />

largely to a relentless focus on product quality,<br />

innovation and the fact that Schweppes delivers<br />

more than 95% of the advertising support for the<br />

entire category.<br />

Schweppes is also the leading mineral water<br />

brand in terms of value, across the entire market.<br />

Schweppes Lemonade was re-launched in early<br />

2007 and the results have been exceptional. Building<br />

on its position as an <strong>Australia</strong>n icon brand,<br />

Schweppes Lemonade has shown growth of over<br />

35% in the 2 months since it’s relaunch in April.<br />

Featuring the launch of Schweppes Lemonade<br />

‘Sugarfree’, this activity has exceeded all<br />

expectations.<br />

It was also the only Lemonade brand in growth<br />

throughout 2006, adding over $2.8m to the category.<br />

The Schweppes Traditionals range of flavours<br />

and Schweppes cordials are also strongly<br />

performing product offers, with Schweppes cordials<br />

the clear market leader in the hotel/bar channel.<br />

Also, the combined Schweppes beverage<br />

business (inclusive of brands like Solo, Sunkist &<br />

Cottee’s) is now the largest non-cola beverage<br />

business in <strong>Australia</strong> within the national measured<br />

market. The strength of these brands has also<br />

resulted in market leadership of non-cola<br />

carbonates within the O&C channel.<br />

HISTORY<br />

In 1783 Jacob Schweppes, a German born jeweller<br />

and an amateur scientist invented a method of<br />

producing carbonated water on a commercial scale.<br />

This invention set the foundations of a<br />

multibilliondollar soft drinks<br />

industry.<br />

Schweppes became a<br />

public company<br />

and quickly<br />

established<br />

a reputation<br />

for innovation<br />

and forward<br />

thinking. Several<br />

products launched<br />

in the World War I<br />

era are still around<br />

today – Schweppes<br />

Tonic Water, Schweppes<br />

Ginger Ale, Schweppes Ginger<br />

Beer and Schweppes Bitter Lemon.<br />

MIX WITH THE BEST<br />

The company merged with Cadbury plc in<br />

1969, leading to the formation of Cadbury<br />

Schweppes, a major force in international<br />

markets. Today the Schweppes brand<br />

is recognised worldwide for its<br />

quality and is available in more<br />

than 75 countries.<br />

In <strong>Australia</strong>, Schweppes<br />

enjoys the unique position of<br />

being the most trusted soft<br />

drink brand in the country. A<br />

household favourite for<br />

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THE MARKET<br />

Since the 1930s, adhesive tapes have become a<br />

basic necessity for every office, shop, factory and<br />

home. The range of adhesive tape applications is<br />

now so diverse that the industry has become highly<br />

specialised, with ever increasing levels of<br />

technology and expertise required.<br />

The worldwide popularity of 3M’s transparent<br />

tape has made the term “Scotch tape” universally<br />

known. In fact, however, Scotch is a brand name,<br />

exclusive to the 3M family of pressure-sensitive<br />

adhesive tapes.<br />

In 2006, 3M estimated that the global market for<br />

Consumer and Office Business was more than US$3<br />

billion.<br />

ACHIEVEMENTS<br />

More than 400 varieties of adhesive tape have<br />

reached the market under the Scotch and 3M brand<br />

names. Scotch brand tapes are everywhere on the<br />

globe, and most people consider tape an<br />

indispensable part of their lives.<br />

Scotch rates third in brand familiarity surveys in<br />

the United States, with a recognition rate of 89 per<br />

cent. It rates even better when respondents are<br />

asked to state their attitude to the brand; Scotch is<br />

second in people’s affections, also with 89 per cent.<br />

Scotch products have been on the market for<br />

over 75 years, the plaid design threading these years<br />

of innovation together. In today’s society, the<br />

frantic lifestyles that many people lead are leaving<br />

consumers time poor and seeking products to<br />

assist in daily tasks.<br />

The recent invention of the Scotch Pop Up<br />

Giftwrap Tape Dispenser by 3M is an example of<br />

such a product. These innovative yet very simple<br />

dispensers are designed to dispense pre-cut strips<br />

of Scotch tape one at a time. No more messing<br />

around with scissors or fiddling with tape that has<br />

doubled over on itself, or not having enough hands<br />

to hold the present as well as cut the tape! The<br />

handy pop-up dispenser can be worn on your hand<br />

or wrist completely freeing up your hands for<br />

giftwrapping.<br />

HISTORY<br />

In the 75 years since its invention, Scotch®<br />

Transparent Tape has become one of those rare<br />

products found in virtually every American or<br />

<strong>Australia</strong>n office and home. It is available all around<br />

the world. It was the first transparent tape invented<br />

and remains today the market leader.<br />

But when its inventor, a brash, banjo-playing<br />

3M engineer, cooked up the formula for the<br />

forerunner of transparent tape, he had in mind<br />

neither universal popularity nor the countless uses<br />

it has today.<br />

In fact, tape may not have been invented at all if<br />

young Richard G. Drew hadn’t happened to walk in<br />

on a St. Paul auto painter who had just ruined a<br />

paint job on a brand new Packard.<br />

Drew had joined 3M in 1921. Back then, the<br />

company was a struggling sandpaper manufacturer.<br />

He had taken a trial batch of newly developed<br />

waterproof sandpaper to a local auto body shop<br />

for testing. This is where he saw the problem: twotone<br />

paint finishes on cars had just been introduced<br />

and become all the rage. But during the spray<br />

painting of the cars, there was no effective way to<br />

keep one color masked from the other. Drew vowed<br />

that he would develop a tape to make two-tone<br />

paint application easy.<br />

By happy coincidence, 3M management was<br />

searching for a way to diversify the company. They<br />

gave Drew the time and financial backing to conduct<br />

some experiments.<br />

The young inventor’s impulsive promise turned<br />

into two years of toil. Seeking the perfect adhesive,<br />

Drew experimented with vegetable oils, various<br />

resins, chicle, linseed and glue glycerin. For the<br />

tape base, he finally settled on some leftover treated<br />

crepe paper.<br />

3M’s chief chemist took samples of the new tape<br />

to the automakers in Detroit. They immediately<br />

placed an order for three carloads. It was 1925.<br />

Masking tape was born. And 3M, a sandpaper<br />

manufacturer in its 23rd year, found itself in a new<br />

business – pressure-sensitive adhesives.<br />

Five years later, Drew conceived the product<br />

that would bring 3M worldwide fame. Like masking<br />

tape, this innovation was inspired by customer need.<br />

A St. Paul firm had an order to insulate hundreds<br />

of refrigerated railroad cars, and needed a<br />

waterproof seal. The insulation firm consulted 3M,<br />

and Drew, now resident pressure-adhesives expert,<br />

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THE MARKET<br />

The Scouting program delivered by Scouts<br />

<strong>Australia</strong>, prepares young people aged 6-26 for<br />

business and community leadership, developing<br />

life skills, teamwork and leadership skills through a<br />

value based program called the Scout Method.<br />

However in recent times, available activities for<br />

young people have increased dramatically.<br />

Scouting now competes with organised sport,<br />

other youth development programs and informal<br />

leisure activities such as computer games and TV.<br />

The demands on school students are everincreasing,<br />

and school activities and homework are<br />

taking up more of young people’s time.<br />

As a result, young people have less available<br />

time, and more choices than ever before, putting<br />

Scouting in a competitive market environment.<br />

ACHIEVEMENTS<br />

Since its inception in 1907, Scouting has spread to<br />

all but six countries in the world, and membership<br />

is now estimated at 28 million. With an emphasis<br />

on peace, education and understanding, it<br />

transcends all cultures, religions, races, politics, age<br />

and gender barriers. Tens of thousands of young<br />

people from around the globe meet every four years<br />

at World Jamborees to share in the fun and exchange<br />

of knowledge and understanding such events have<br />

to offer. Every day, hundreds of thousands of<br />

projects that benefit local communities are<br />

conducted by Scouts working to improve their<br />

world.<br />

An estimated 2 million <strong>Australia</strong>ns have been<br />

Scouts since it was founded in <strong>Australia</strong> in 1908.<br />

Many of these have used the skills and confidence<br />

gained in Scouts, to achieve success in their<br />

careers, or other community contributions. Scouts<br />

<strong>Australia</strong> has taught millions of young people<br />

resourcefulness, self reliance, leadership, decision<br />

making and concern for their community and the<br />

environment.<br />

The significant benefits Scouting brings to the<br />

community has recently been acknowledged by<br />

the <strong>Australia</strong>n Government which has declared 2008<br />

as “The Year of the Scout”.<br />

HISTORY<br />

On 1 August 1907, Lord Robert Baden-Powell, held<br />

the very first ‘Scout camp’ for a group of 20 boys<br />

on Brownsea Island in the UK. B-P as he is known,<br />

was a national hero in the UK, following his victory<br />

over the Boers at the siege of Mafeking during the<br />

Boer War. He had developed a method of ‘Scouting’<br />

which he taught his soldiers, involving keen<br />

observation and self reliance. On his return to the<br />

UK, he was encouraged to apply his methods to<br />

the training of boys, and thus held the Brownsea<br />

Island camp. The boys lived in tents, cooked their<br />

own food and learnt many valuable skills through<br />

games.<br />

The camp was extremely successful and BP then<br />

began a fortnightly publication ‘Scouting for Boys’<br />

which the youth of the UK quickly adopted and<br />

started to follow. <strong>Australia</strong> was one of the first<br />

countries to adopt Scouting. In early 1908 the<br />

Sunday Times printed an article by Lord Baden-<br />

Powell about the Scouting Movement which raised<br />

much interest in <strong>Australia</strong>. By the end of 1908 Scout<br />

groups had formed throughout NSW, Queensland,<br />

Western <strong>Australia</strong> and Victoria.<br />

By 1922 a federal council of Scout groups had<br />

been established in <strong>Australia</strong>. The Scout<br />

Association of <strong>Australia</strong> was incorporated by Royal<br />

Charter and Act of Parliament in 1967 and the<br />

Association is a member of the World Organisation<br />

of the Scouting Movement.<br />

Today there are around 60,000 Members of<br />

Scouts <strong>Australia</strong>, including women and girls who<br />

were first admitted in the 1970s.<br />

THE PRODUCT<br />

Scouts <strong>Australia</strong> is <strong>Australia</strong>’s largest youth<br />

development organisation, and has over 1600<br />

Groups in all parts of the country. Scouting is<br />

inclusive and membership includes both girls and<br />

boys, Scouts from remote locations, Scouts with<br />

special needs, Scout Groups from particular cultural<br />

backgrounds, including Indigenous Groups. The<br />

aim is to encourage the physical, social, intellectual,<br />

emotional and spiritual development of young<br />

people so they take a constructive place in society<br />

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THE MARKET<br />

Winter in <strong>Australia</strong> is all about Football. The great<br />

game of Aussie Rules was formed in 1858 and to<br />

this day is the largest football code in <strong>Australia</strong>.<br />

Player participation in 2007 exceeds 700,000 people<br />

across a number of cultural, gender and social<br />

communities. Since 1990, player participation has<br />

increased by 32 per cent and the game has never<br />

been in a stronger position. At AFL level attendance<br />

rates are up 17 per cent since 2000. The competition<br />

is now truly national.<br />

The game is played in all States around the<br />

country and is developing in other markets such as<br />

New Zealand, Canada, USA, UK and South Africa.<br />

As the game has developed and grown to the<br />

size it is today there has been one brand that is the<br />

stable influence in the game: “The Sherrin” football.<br />

Sherrin is the official brand of the AFL, and sells<br />

over 500,000 balls into the <strong>Australia</strong>n market each<br />

year. The remarkable penetration of the Sherrin<br />

brand in <strong>Australia</strong> has been made possible by years<br />

of dedication to craftsmanship and providing the<br />

game with the best possible product.<br />

ACHIEVEMENTS<br />

The Sherrin brand has received numerous awards<br />

for its excellence of workmanship. As far back as<br />

1881 and 1888, Tom Sherrin was awarded a Diploma<br />

of Merit for his fine craftsmanship.<br />

Sherrin currently holds a dominant share of<br />

football sales and is the official ball of the AFL<br />

competition. It is the No.1 preferred football brand<br />

by most leagues.<br />

Sherrin is the official ball sponsor for the AFL<br />

Auskick program and is committed to the growth<br />

of participation at grass roots level.<br />

HISTORY<br />

Thomas William Sherrin grew up as one of nine<br />

children in a close family. Tom Sherrin didn’t follow<br />

his father into carpentry but decided to become a<br />

saddler, repairing and manufacturing horse saddles,<br />

bridles and other leather equipment.<br />

The saddlery where Tom worked was in<br />

Wellington Street, Collingwood. In the 1870s this<br />

area was dominated by tanneries and clothing and<br />

shoe manufacturers.<br />

Tom was involved with a small club close to<br />

work called the Britannia Football Club. <strong>Australia</strong>n<br />

Rules Football was a game derived from many fine<br />

sports including Irish<br />

Gaelic football, rugby<br />

and soccer. In its<br />

infancy, the game<br />

used rugby balls<br />

imported from<br />

England. The<br />

physical torture<br />

these balls<br />

endured in this<br />

tough, vibrant and<br />

robust new game<br />

created considerable wear.<br />

They were regularly<br />

sent to Tom’s saddlery<br />

to be repaired. Tom<br />

had to pull the ball<br />

apart in some cases to<br />

complete the repair work, and one day had a<br />

brainstorm which was to revolutionise the ball.<br />

The rugby ball was elongated, and used to wear<br />

heavily on the ends. Tom created a new shape and<br />

developed a pattern that made the ball rounder on<br />

the points. The ball was still oval in shape, but it<br />

bounced more evenly and was easier to kick. His<br />

design was quickly accepted.<br />

Tom scraped his pennies together and in 1879<br />

built a small factory at 32 Wellington Street in<br />

Collingwood. T.W. Sherrin Pty Ltd was now<br />

established, and Tom employed a small band<br />

of tradesmen to produce enough<br />

footballs to keep up with the<br />

strong demand. The<br />

design of the new ball<br />

was so widely<br />

accepted that<br />

the National<br />

Football<br />

League of<br />

<strong>Australia</strong><br />

eventually<br />

used the size<br />

and shape of<br />

the Sherrin<br />

football as the<br />

standard.<br />

When Tom passed away in 1912, the business<br />

was left to Tom’s nephew John Sydney Sherrin,<br />

who had served his apprenticeship with the<br />

company as a teenager. After his death in 1941, the<br />

War Department instructed young Tom (Syd’s son)<br />

to carry on the family business, and discharged<br />

him from duties with the Air Force.<br />

Tom was a very likeable man. He had a great<br />

association with the Collingwood<br />

Football Club and eventually<br />

became president between<br />

1963 and 1974. The<br />

Collingwood FC<br />

recognized the<br />

magnificent services<br />

of the Sherrin family<br />

in 1976, when they<br />

named their new<br />

stand at Victoria<br />

Park, “The Sherrin<br />

Stand”.<br />

During the<br />

1960s, Tom battled with<br />

his football business.<br />

He felt he had to double<br />

the production in order to absorb running costs<br />

and still remain profitable. Without growth, T.W.<br />

Sherrin Pty.Ltd. would stagnate, and he could not<br />

see a bright future for the next generation of the<br />

family. He finally sold the business to Spalding in<br />

1972.<br />

Tom stayed on as manager of the Sherrin<br />

division of Spalding until his death in 1978. The<br />

Sherrin takeover by Spalding appeared on the<br />

front page of every major newspaper in <strong>Australia</strong><br />

and made news bulletins in Europe<br />

and America.<br />

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THE MARKET<br />

In little more than a century the small electrical<br />

appliance market in <strong>Australia</strong> has developed into a<br />

significant industry, with approximately 14.7 million<br />

units sold each year, at a total value of more than<br />

$910 million.<br />

Appliances such as irons and toasters, which<br />

were once considered luxuries, have become<br />

everyday household items.<br />

With new segments evolving to meet consumer<br />

demand and market trends, today’s aspirational<br />

appliances include home espresso machines and<br />

water filters, and products made from long-lasting<br />

materials such as die-cast alloy, ceramic or stainless<br />

steel.<br />

While an influx of imported appliances from Asia<br />

in the early ‘90s saw a surge in cheaper commodity<br />

products, recent market growth has primarily been<br />

driven by product innovation. A strong focus on<br />

local design and technology has resulted in<br />

significant growth at the premium end of the market.<br />

ACHIEVEMENTS<br />

Sunbeam is the name behind many of <strong>Australia</strong>’s<br />

iconic small appliances including the Mixmaster ® ,<br />

Electric Frypan, Toastermatic ® and Pro Steam ® Iron.<br />

Today Sunbeam is still the market leader, with<br />

particular dominance in toasters, kettles, fryware,<br />

electric blankets, irons, food processors, mixers and<br />

novelty appliances.<br />

Many innovative appliances have been the<br />

creation of Sunbeam’s <strong>Australia</strong>n based design<br />

team. The first plastic jug-style kettle, aptly named<br />

the Express Kettle ® , was launched in 1984, and<br />

revolutionised the kettle market. Utilising unique<br />

‘fast boil’ technology that boiled one cup of water<br />

in 30 seconds, it sold more than 200,000 units in the<br />

first 12 months.<br />

Also released in 1984 was the <strong>Australia</strong>n Design<br />

Award winning ‘Selectronic’ iron. It was the world’s<br />

first electronic iron and featured a patented<br />

‘automatic safety cut-out’ which represented a<br />

significant advancement in safety. This feature has<br />

since been licensed to manufacturers around the<br />

world.<br />

In collaboration with Paul Bassett, the youngest<br />

person and only <strong>Australia</strong>n to win the World Barista<br />

Championship, Sunbeam developed the world’s<br />

first twin pump, twin thermoblock domestic<br />

espresso machine in 2005. The innovative TPTT TM<br />

system enabled the machine to pour espresso and<br />

texture milk simultaneously like its commercial<br />

counterparts.<br />

Another market leading launch for Sunbeam was<br />

the world’s first “underfloor element” ceramic kettle.<br />

Combining the beauty of ceramic with 21st century<br />

technology, this twist on a familiar design was<br />

inspired by a growing trend in aspirational ceramic<br />

tableware.<br />

Sunbeam’s market leadership and innovation<br />

extends beyond product design and development.<br />

In 1987, for example, the company introduced the<br />

12 Month Replacement Guarantee across its entire<br />

range of appliances. This was an <strong>Australia</strong>n and<br />

world first and continues to be a strong part of<br />

Sunbeam’s commitment to product quality and<br />

customer satisfaction.<br />

As testament to its ongoing commitment to<br />

design excellence, Sunbeam has 33 <strong>Australia</strong>n and<br />

international design awards to its credit, including<br />

the prestigious Red Dot and iF awards. Locally,<br />

Sunbeam is the most awarded small appliance brand,<br />

recieving its seventh <strong>Australia</strong>n Design Award in<br />

2007 for the Ceramic Collection TM Kettle.<br />

HISTORY<br />

Sunbeam’s reputation for creating quality products<br />

dates back more than 85 years, when a sheep<br />

shearing equipment manufacturer diversified into<br />

small electrical appliances with the launch of the<br />

‘Princess’ dry iron.<br />

Since then, Sunbeam has been responsible for<br />

driving trends in small appliance design and<br />

technology, and established itself as an<br />

internationally recognised and respected brand.<br />

In 1996, <strong>Australia</strong>n manufacturer and marketer<br />

GUD Holdings added Sunbeam to its portfolio of<br />

market leading brands which today includes Victa<br />

lawncare products, Oates Cleaning hardware, Ryco,<br />

Wesfil and Goss automotive parts, and Davey<br />

pumps and water pressure systems.<br />

In 2004, Sunbeam established one of the largest<br />

electric blanket manufacturing facilities in the world,<br />

in a joint partnership with Europe’s leading electric<br />

blanket producer. It was also during this period<br />

that the Emjoi ® epilator and FoodSaver ® vacuum<br />

bag sealer brands were added to the Sunbeam range.<br />

Further cementing its position as a key<br />

international small appliance designer and marketer,<br />

Sunbeam opened a Hong Kong subsidiary in 2007<br />

to support its growing export program.<br />

THE PRODUCT<br />

Sunbeam continues to incorporate <strong>Australia</strong>n firsts<br />

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THE MARKET<br />

While <strong>Australia</strong> is a wealthy country, the<br />

unfortunate reality is that not every <strong>Australia</strong>n<br />

enjoys a life of comfort and prosperity.<br />

Homelessness, a crisis in our ability to care for<br />

older people, family breakdown and conflict,<br />

alarming levels of domestic violence and sexual<br />

abuse, inadequate provision for the mentally ill,<br />

and problems arising from drug, alcohol and<br />

gambling related addictions are growing challenges<br />

faced by the community and The Salvation Army.<br />

ACHIEVEMENTS<br />

The Salvation Army - affectionately known as ‘the<br />

Salvos’ - is one of this country’s most well-loved<br />

organisations, with research revealing it is the most<br />

highly thought of charity in <strong>Australia</strong>.<br />

The Salvation Army’s ‘Christianity with its<br />

sleeves rolled up’ ethos has endeared it to the<br />

<strong>Australia</strong>n public, in a country where religion has<br />

always struggled to gain acceptance.<br />

A reputation for being at the frontline of need<br />

was largely achieved through the strong presence<br />

of Salvation Army officers amongst <strong>Australia</strong>n<br />

armed forces in times of war. Assisting the troops,<br />

burying the dead and dispensing cups of tea, the<br />

Salvos were considered to be as much a part of the<br />

fighting forces as the soldiers themselves.<br />

The battle has not ended, and in times of<br />

emergency and national disaster today the Salvos<br />

are still there offering comfort and support. Recent<br />

years have seen ordinary <strong>Australia</strong>ns facing<br />

extraordinary disasters including the worst drought<br />

on record, the devastating Cyclone Larry in North<br />

Queensland, and countless bushfire and flood crisis<br />

situations.<br />

The Salvation Army’s commitment to helping<br />

the international community was particularly<br />

evident following the tragic Boxing Day<br />

Tsunami in 2004. Funds donated within<br />

<strong>Australia</strong> have supported three main projects<br />

in southern India, which aim to provide ongoing<br />

rehabilitation of housing needs and help restore<br />

the livelihoods of local people, who are mostly<br />

fishermen.<br />

The growing battle against poverty,<br />

addiction and despair rages daily for many<br />

<strong>Australia</strong>ns and their families - one of the most<br />

important aspects of The Salvation Army’s work<br />

is its provision of caring social and community<br />

services from day to day.<br />

HISTORY<br />

The Salvation Army was founded in 1865 in the<br />

slums of London by a former Methodist<br />

minister, William Booth, who wanted to make<br />

the church more accessible to the whole<br />

community. At the time, many poor and working<br />

class people were excluded from the churches.<br />

Originally known as the Christian Mission, the<br />

name ‘The Salvation Army’ was adopted in 1878<br />

and since then the organisation’s structure has<br />

been based on military lines.<br />

Initially Booth’s Christian Mission intended to<br />

gather the poverty-stricken multitudes of London’s<br />

East End and link them up with existing churches.<br />

However, as such people were regarded as outcasts<br />

and were not welcomed by the wealthy and<br />

respectable church members of the day, Booth was<br />

forced to provide a more permanent organisation<br />

for the ongoing spiritual care of his converts.<br />

Booth’s concern for the destitute masses of<br />

England was not only spiritual. The more he learned<br />

of the plight of the thousands spurned by Britain’s<br />

industrial revolution, the more determined he was<br />

to see lasting social change.<br />

From the Army’s earliest days, various social<br />

programs had grown up alongside the mission’s<br />

spiritual ministry, including food shops, shelters,<br />

and homes for ‘fallen’ girls.<br />

However, these were just the first elements in a<br />

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THE MARKET<br />

The <strong>Australia</strong>n market for automotive lubricants<br />

and car care products is changing. The<br />

increased cost to run and maintain a motor<br />

vehicle has influenced consumer<br />

behaviour. The majority of motorists are<br />

DIFM (Do-it-for-me) consumers, having<br />

their oil professionally changed as part<br />

of the car service at a car dealership<br />

or workshop. Extended car<br />

manufacturer warranties and<br />

the time and cost to service<br />

vehicles all influence the<br />

consumer’s choice of<br />

service provider. The DIY<br />

(Do-it-yourself) market is<br />

relatively small in<br />

comparison. Consumers in<br />

the DIY market can be<br />

segmented into two broad<br />

groups: enthusiasts who<br />

enjoy tinkering with their car,<br />

and pragmatists who<br />

change the oil themselves<br />

in order to save money.<br />

The automotive lubricant<br />

market is a mature market with<br />

volume expected to decline over<br />

time given that crankcase<br />

capacities are decreasing and<br />

service intervals are<br />

increasing. This change,<br />

along with more<br />

demanding manufacturer<br />

specifications designed to increase<br />

fuel economy and protect vital<br />

engine parts, is placing more<br />

pressure on the engine oil to<br />

perform than ever before and<br />

will increase the demand for<br />

premium, quality lubricants<br />

in the longer term in both<br />

market segments.<br />

ACHIEVEMENTS<br />

In a category where the<br />

consumer cannot taste, feel<br />

or interact with the<br />

product, the Valvoline<br />

brand is seen as a premium<br />

lubricant specialist and has earned<br />

a high level of consumer trust and<br />

advocacy. Valvoline has consistently grown<br />

its volume and share in a mature <strong>Australia</strong>n<br />

automotive lubricant market by seeking<br />

to understand its customers and<br />

developing new products and<br />

services to best serve them.<br />

In the DIY category, Valvoline<br />

was the first to introduce the<br />

successful 6 litres Value Pack<br />

concept. In 1993 it also<br />

developed a packaging<br />

innovation by introducing<br />

the 8 litres oil drain pan. The<br />

pack initially was sold with 8<br />

litres of engine oil. The<br />

packaging could later be re-used<br />

as a drain pan and storage device<br />

for used oil.<br />

Prior to Valvoline’s growth<br />

in importance in the DIY<br />

category, its heritage lay in the<br />

DIFM channel and Valvoline<br />

was considered a product<br />

innovator. Valvoline was first to<br />

market professional grades of<br />

synthetic fortified lubricants<br />

differentiating these from<br />

its retail range under the<br />

Formula 5000 and ProBlend<br />

sub-brands. It also pioneered<br />

the marketing of premium<br />

synthetics in this channel by<br />

putting together programs<br />

where service attendants<br />

sold the benefits of<br />

synthetics to their<br />

customers and offered the<br />

option to upgrade their oil.<br />

Today Valvoline is a leading<br />

supplier of premium engine oils<br />

into this market with the<br />

majority of its<br />

resources focused<br />

on winning in the<br />

DIY channel. While<br />

its competitors are<br />

rationalising their<br />

service levels in this<br />

channel, Valvoline<br />

has increased<br />

service and sales<br />

support recognising<br />

that customer needs<br />

call for going beyond<br />

simply recommending<br />

and delivering the right engine oils. Thus<br />

Valvoline has positioned itself as a true business<br />

partner to these customers.<br />

HISTORY<br />

Valvoline traces its beginnings to 1866, when an<br />

American physician, Dr. John Ellis, became<br />

fascinated with various claims relating to the<br />

medicinal value of crude oil. Although he quickly<br />

concluded that the medicinal claims were<br />

unfounded, Ellis became consumed with the notion<br />

that it might be possible to create a machinery<br />

lubricant from the crude oil. Ellis built the world’s<br />

first mineral lubricating refinery in Binghamton, New<br />

York. Eight years later in 1873 the product that he<br />

called Binghamton Cylinder Oil<br />

was given the first mineral<br />

lubricating trademark ever<br />

registered: Valvoline.<br />

In the 1930s Valvoline<br />

introduced the first ever allseason,<br />

all-purpose gear<br />

lubricant which became the first<br />

lubricating oil for diesel and peak<br />

loads in gasoline engines. In<br />

1940, Valvoline<br />

became the first<br />

company to offer an<br />

unconditional<br />

money-back<br />

guarantee on its<br />

motor oil. Valvoline<br />

was acquired by<br />

Ashland Oil in the<br />

late 1950s and is still<br />

part of Ashland’s<br />

portfolio.<br />

In <strong>Australia</strong><br />

Valvoline was initially<br />

sold through<br />

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THE MARKET<br />

Vegemite is a truly iconic <strong>Australia</strong>n brand and its<br />

unique heritage is unmatched by any other spread<br />

or perhaps even any other <strong>Australia</strong>n brand.<br />

Vegemite has always been around, it’s a part of<br />

growing up happy and healthy in <strong>Australia</strong> – part<br />

of our DNA, and consumers naturally associate it<br />

with their childhood.<br />

Families have always eaten Vegemite. Parents<br />

want their children to like Vegemite so it can be<br />

passed on to future generations, making Vegemite<br />

much more significant than just their own childhood<br />

memories. Loving Vegemite makes you part of the<br />

bigger <strong>Australia</strong>n family – a link across generations.<br />

Not that its enjoyment is restricted to family use<br />

only; in the Second World War Vegemite was in<br />

the trenches alongside the Diggers.<br />

Vegemite is produced in <strong>Australia</strong> at Kraft<br />

Foods’ Port Melbourne manufacturing facility. This<br />

has the capacity to produce 235 jars of Vegemite a<br />

minute, and more than 22 million jars are sold in<br />

<strong>Australia</strong> every year.<br />

ACHIEVEMENTS<br />

Mention Vegemite to any <strong>Australia</strong>n and you are<br />

likely to find instant recognition. There are bald<br />

facts about Vegemite, such as the fact that 70<br />

percent of it is consumed at breakfast, and most is<br />

eaten on toast. But facts alone cannot convey the<br />

full flavour of this unassuming black paste.<br />

Vegemite is one of the world’s<br />

richest known sources of B complex<br />

vitamins, especially thiamine,<br />

riboflavin, niacin and folic acid.<br />

HISTORY<br />

At the beginning of the 1920s, the<br />

Fred Walker Company had a<br />

successful business making, selling<br />

and exporting food products. Its<br />

owner Fred Walker decided that it was<br />

time to tackle the concentrated yeast<br />

spread market, and in 1923 he hired Dr<br />

Cyril P. Callister to develop an <strong>Australia</strong>n<br />

yeast spread.<br />

In a laboratory at the Albert Park factory Dr<br />

Callister, who incidentally became <strong>Australia</strong>’s<br />

leading food technologist in the 1920s and ’30s,<br />

experimented with brewers’ yeast from the Carlton<br />

& United brewery. By July 1923 he had developed<br />

the spread that Walker wanted. The product was<br />

ready but the name wasn’t.<br />

Fred Walker turned to the <strong>Australia</strong>n public and<br />

launched a nationwide competition to find a name<br />

for his new food. The prize pool held a very tempting<br />

fifty pounds, and the name selected was Vegemite.<br />

An English yeast spread dominated the<br />

<strong>Australia</strong>n market at the time, and shoppers were<br />

reluctant to add Vegemite to their baskets. Sales<br />

languished. The product was actually renamed only<br />

four years after its introduction, and relaunched as<br />

“Parwill”. This was an attempted play on words: “If<br />

Marmite… then Parwill” was the intended pun, but<br />

it didn’t sell the product.<br />

Walker went back to his first choice of name<br />

when he became convinced that the problem was<br />

getting consumers to try the product. He launched<br />

a vigorous two year coupon redemption scheme<br />

and gave away a jar of Vegemite with every<br />

purchase of another product in the Fred Walker<br />

Company range.<br />

The campaign worked: consumers tried the<br />

product, and loved it. Baby health centres across<br />

the nation were even recommending it as an ideal<br />

food supplement for both babies and nursing<br />

mothers. <strong>Australia</strong>ns of all ages continue to love<br />

Vegemite today. Its unique flavour could almost be<br />

called the taste of <strong>Australia</strong>.<br />

Just before the outbreak of the Second World<br />

War, Vegemite gained official endorsement from the<br />

British Medical Association. It was then advertised<br />

in the <strong>Australia</strong>n Medical Journal, and doctors were<br />

increasingly recommending it as a<br />

nutritionally balanced food. During<br />

the War, supplies of Vegemite to<br />

civilians were rationed as the Armed<br />

Forces bought it by the seven<br />

pound (3.2kg) container.<br />

During the post-war “baby<br />

boom”, wartime goodwill translated<br />

into a boom in Vegemite sales. In<br />

1950, Vegemite came under the Kraft<br />

Foods Limited umbrella, and the<br />

company has consistently<br />

reinforced the food value and<br />

“<strong>Australia</strong>n-ness” of Vegemite.<br />

Soon after that, the song which<br />

was to secure Vegemite’s place in the<br />

<strong>Australia</strong>n heart forever was introduced. This was<br />

the “Happy Little Vegemites” song.<br />

THE PRODUCT<br />

The original Vegemite concentrated yeast extract<br />

recipe devised by Dr Cyril Callister in 1923 remains<br />

virtually unchanged. Vegemite is rich in protein and<br />

minerals and a rich source of Vitamin B. B complex<br />

vitamins in Vegemite are essential to the body’s<br />

use of carbohydrates.<br />

RECENT DEVELOPMENTS<br />

Vegemite has become so identified with <strong>Australia</strong><br />

that there has been a tongue-in-cheek proposal of<br />

its label as the new national flag.<br />

Vegemite has seen innovation with the launch<br />

of a Vegemite ‘Snackabouts’ variant in 1999 which<br />

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THE MARKET<br />

There’s no doubt that<br />

<strong>Australia</strong>ns love their<br />

movies and games. With<br />

over 152 million units of<br />

DVDs and games rented<br />

and $1.1 billion worth of<br />

movies and games<br />

bought each year,<br />

<strong>Australia</strong>ns invest more<br />

money per capita in<br />

home entertainment than<br />

any other country in the<br />

world.<br />

Video Ezy’s core<br />

market is DVD and<br />

Games rental, however<br />

over recent years, the<br />

company has been<br />

focusing on growth<br />

opportunities in the<br />

lucrative retail market,<br />

which has grown at a 60%<br />

rate year on year. Video<br />

Ezy has the lion’s share<br />

of the <strong>Australia</strong>n DVD<br />

rental market, accounting for 40% of total market<br />

share, compared with 30% held by its nearest<br />

competitor.<br />

Video Ezy is adapting<br />

quickly to new technologies,<br />

addressing challenges in the<br />

market, including<br />

DVD mail order, Pay<br />

TV and legal film<br />

downloads direct<br />

from distributors and<br />

non-traditional<br />

competition such as<br />

Telstra BigPond.<br />

Video Ezy has<br />

developed its own<br />

set top box, which<br />

will allow customers<br />

the opportunity to download<br />

movie content on demand. This<br />

will be released to customers in<br />

2008.<br />

ACHIEVEMENTS<br />

Video Ezy has the proud distinction of<br />

being one of <strong>Australia</strong>’s best-loved<br />

brands. 100% <strong>Australia</strong>n-owned, Video<br />

Ezy is the market leader in the video<br />

rental business for both <strong>Australia</strong> and<br />

New Zealand, and has stores in<br />

Thailand, Indonesia, Singapore,<br />

Malaysia, Fiji and the<br />

United Arab Emirates.<br />

With almost 1000 stores<br />

worldwide, Video Ezy is<br />

highly respected within<br />

the home entertainment<br />

industry.<br />

HISTORY<br />

Video Ezy was established<br />

in 1983, with the first store<br />

in Sydney. Video Ezy is<br />

now the largest DVD<br />

rental and retail chain in<br />

<strong>Australia</strong> with 518 stores<br />

and 3 million active<br />

members.<br />

The first Video Ezy<br />

store to be set-up<br />

overseas was in New<br />

Zealand in 1998, which<br />

quickly grew to 162 stores<br />

in New Zealand alone,<br />

making Video Ezy the<br />

market leader in that<br />

country with 40% market<br />

share. Following this, Video Ezy expanded<br />

into the South East Asian market in March<br />

1999. This market was considered by many as<br />

an impossible market to conquer, given the<br />

impact of piracy, but when Video Ezy opened<br />

its first store in Bangkok, it became apparent<br />

that consumers were enthusiastic for quality<br />

product and a brand they could trust.<br />

The early success in Thailand led to further<br />

expansion throughout Asia. Video Ezy is now<br />

a truly international brand, with its 518 stores<br />

in <strong>Australia</strong>, 162 in New Zealand, 143 in<br />

Thailand, 134 in<br />

Indonesia, 26 in<br />

Singapore, 9 in<br />

Malaysia, 3 in Fiji<br />

and 1 in the United<br />

Arab Emirates.<br />

In August, 2005<br />

Paul Uniacke<br />

together with Eddie<br />

Nedelko who between them own 18 Video Ezy<br />

stores in Victoria, purchased the shares held in<br />

Video Ezy Australasia Pty Ltd by Perpetual Trustees<br />

and Ivany Investments, making them the major<br />

shareholders in Video Ezy.<br />

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