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DECEMBER <strong>2016</strong><br />

T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 1 2 , 0 0 0 M O N T H LY<br />

$20m Launceston development unveiled<br />

River bank revitalisation<br />

An artist’s impression of the planned $20m redevelopment of the derelict CH Smith site in Launceston’s Tamar River precinct.<br />

By Tom O’Meara<br />

THE revitalisation of Launceston<br />

will receive another<br />

significant boost with a<br />

$20 million transformation<br />

planned for the CH Smith site.<br />

Developer Errol Stewart is<br />

adding to his portfolio in the<br />

river precinct, announcing he<br />

would transform the disused<br />

and controversial site – building<br />

on momentum from his<br />

Northbank Silos hotel currently<br />

being constructed across the<br />

river from his existing Seaport<br />

and car yard facilities.<br />

Combined with the rapidly-progressing<br />

UTas relocation<br />

and Penny Royal and TRC<br />

expansion by fellow developer<br />

Josef Chromy, the northern<br />

end of the city is being given a<br />

major overhaul that has boosted<br />

business confidence.<br />

And, the TBR can exclusively<br />

reveal another<br />

multi-million dollar development<br />

will soon be put to Launceston<br />

City Council to finally<br />

restore the Boland St Cottages<br />

– ending a long-running saga.<br />

They have been delisted<br />

from the Heritage Council<br />

register, sold and a development<br />

application for a significant<br />

project is close to being<br />

submitted, with work to revitalise<br />

the block which fronts<br />

the river close to the site of the<br />

university’s proposed new In-<br />

veresk and Willis St car park.<br />

Progress on the derelict Boland<br />

St and CH Smith sites<br />

has been long awaited, with<br />

the added challenge of maintaining<br />

heritage aspects while<br />

ensuring commercial viability.<br />

The CH Smith site has been<br />

the subject of many grandiose<br />

redevelopment concepts that<br />

have never seen the light of<br />

It’s a sensible<br />

commercial<br />

development that<br />

includes all of the<br />

1830s heritage<br />

buildings<br />

Developer<br />

Errol Stewart<br />

day. But with confirmation the<br />

State Government will have<br />

office space within the new<br />

buildings and the council will<br />

own and operate a 300-space<br />

car park on-site, the Stewart<br />

plan is regarded as a guaranteed<br />

goer.<br />

The LCC will seek a $9m<br />

interest-free loan from the<br />

State Government as part of its<br />

Northern Economic Stimulus<br />

Package to fund the car park.<br />

Other retail spaces on the<br />

site will include a cafe and<br />

restaurant.<br />

Mr Stewart, who unveiled<br />

plans with Launceston architect<br />

Scott Curran, said it was a<br />

subtle development.<br />

“It’s a sensible commercial<br />

development that includes all<br />

of the 1830s heritage buildings,”<br />

he said.<br />

“We will spend $2m on the<br />

heritage buildings alone with<br />

an overall spend of $20m.”<br />

“It will be a development<br />

that people will be proud of<br />

and I’m sure there will be a<br />

loud cheer when we get started<br />

in February.”<br />

The council believes the<br />

new proposal meets a number<br />

of strategic goals for the city<br />

and will provide a better connection<br />

between the CBD and<br />

the waterfront.<br />

“The site is strategically located<br />

to provide convenient<br />

car parking facilities for the<br />

future development of Civic<br />

Square, northern edge of<br />

the CBD and the city’s recreational<br />

riverfront areas,’’<br />

Mayor Albert van Zetten said.<br />

“Through its work on the<br />

Launceston City Heart Project,<br />

the North Bank redevelopment<br />

and the University of<br />

Tasmania relocation, the City<br />

of Launceston is seeking to<br />

fundamentally change the<br />

Continued page 2<br />

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2 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong><br />

NEWS<br />

Tassie honey has Brisbane abuzz<br />

TASMANIA’S Australian Honey<br />

Products Pty Ltd is revelling in<br />

more sweet success, having been<br />

named the <strong>2016</strong> Agribusiness Exporter<br />

Award winner at the 54th<br />

Australian Export Awards in Brisbane.<br />

The accolade is another feather<br />

in the cap for owner Lindsay<br />

Bourke, of Launceston, who was<br />

named the producer of the 2015<br />

‘World’s Best Honey’.<br />

The Australian Export Awards<br />

Agribusiness Award recognises<br />

outstanding international success<br />

River bank revitalisation<br />

From page 1<br />

way our city has been operating.<br />

“Development of the site in a manner<br />

that is visually appealing, restores<br />

the highly-regarded<br />

heritage values<br />

of the buildings and<br />

achieves the strategic<br />

function of the<br />

location is extremely<br />

important both in<br />

real terms and as an<br />

expression of confidence<br />

to residents and<br />

visitors to Launceston.<br />

“In years to come, I think historians<br />

will note that <strong>2016</strong> was the year in<br />

which Launceston finally found a way<br />

forward for the C.H. Smith site, one<br />

in the field of agricultural products<br />

services or technology, including<br />

processed foods and beverages and<br />

the forestry fisheries and fibres industry.<br />

Australian Honey Products beat<br />

out finalists from each state and<br />

territory from fields such as beef<br />

production and processing, vegetable<br />

production and innovation,<br />

coconut industries, allergen sensitive<br />

food production, and another<br />

honey producer from Western Australia.<br />

Mr Bourke started as a<br />

The extensive car park.<br />

which protected the best elements of<br />

our past, and paved the way for a positive<br />

future.”<br />

Treasurer Peter Gutwein said the $9<br />

million application<br />

from council for car<br />

parking would be expedited,<br />

adding that<br />

10 councils had submitted<br />

infrastructure<br />

projects worth $36<br />

million as a result of<br />

the stimulus package.<br />

“This site has been<br />

a hole in the ground for two decades.<br />

This is a fantastic outcome with the<br />

collaboration of government, local<br />

government and developers,” Mr Gutwein<br />

said.<br />

one-man-operation with 200 hives<br />

in 1966. The business has grown<br />

to be a globally-recognised producer<br />

of honey and honey based<br />

products, including honey beverages,<br />

ales, meads and honey nectar<br />

concentrates.<br />

The business boasts more than<br />

3600 hives and employs up to 30<br />

staff during the peak season. It<br />

produces 200 tonnes of honey a<br />

year, and have built a new state-ofthe-art<br />

processing facility in Sheffield<br />

which will be used for the first<br />

time this processing season.<br />

The company exports 70 per<br />

cent of its award winning honey<br />

products to Asia, the UK, Europe<br />

and the Middle East, with its<br />

biggest markets including China,<br />

Hong Kong, Canada, Oman, Korea,<br />

Japan and Taiwan.<br />

It also provides an expert pollination<br />

service for the <strong>Tasmanian</strong><br />

agriculture sector as well as exporting<br />

live bees to Canada, and now<br />

offers the accredited Certificate III<br />

beekeeping training program to<br />

nurture our next generation of apiarists<br />

right here in Tasmania.<br />

Honey producer Lindsay Bourke.<br />

Claremont development<br />

T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 1 2 , 0 0 0 M O N T H LY<br />

e dition<br />

<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> can now be delivered directly to your inbox. With our 12,000-strong monthly print<br />

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

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

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

tbreditorial@fontpr.com.au<br />

T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 1 2 , 0 0 0 M O N T H LY<br />

Tasmania’s business newspaper is published<br />

monthly by the <strong>Tasmanian</strong> Chamber of Commerce<br />

and Industry. It is distributed to businesses in<br />

Tasmania as well as key decision-makers.<br />

Circulation: 12,000<br />

Managing Editor: Tom O’Meara<br />

Ph: 0418 135 822<br />

Editor: Becher Townshend<br />

Ph: 0418 370 661<br />

Special Projects: Gil Sellars<br />

Ph: 0448 901 371<br />

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Advertising: 0401 252 586<br />

www.tasmanianbusinessreporter.com.au<br />

Editorial & Advertising email:<br />

TBReditorial@fontpr.com.au<br />

Publisher:<br />

<strong>Tasmanian</strong> Chamber of Commerce and Industry<br />

309 Liverpool St, Hobart, TAS 7000<br />

Ph: 6236 3600 Fax: 6231 1278 admin@tcci.com.au<br />

TFGA House, 194-196 Cimitiere St, Launceston TAS 7250<br />

Ph: 6331 1144 laun@tcci.com.au<br />

Production:<br />

aldridge.media<br />

Ph: 0431 241 775<br />

aldridge.media@iinet.net.au<br />

Printer: The Mercury<br />

Level 1, 2 Salamanca Square, Hobart, 7000<br />

Below, Speaker Elise Archer, left, Vos chairman Michael Vos and Premier Will Hodgman announce<br />

the $25m One Bournville development, seen in an artist’s impression, above.<br />

VOS Group has unveiled<br />

details of an<br />

idyllic $25m residential<br />

apartment development<br />

on the banks of the River<br />

Derwent, adjacent to<br />

Claremont Golf Course.<br />

The One Bournville<br />

development will be<br />

Vos Group’s second<br />

largest development<br />

currently under construction,<br />

behind the<br />

Mac 1 hotel in Hobart.<br />

Claremont Golf<br />

Club members, local<br />

residents, Vos representatives,<br />

sub-contractors<br />

and Tasmania’s top political<br />

figures, including<br />

Premier Will Hodgman,<br />

were among the 100<br />

people to attend the<br />

launch of the project at<br />

Claremont Golf Club.<br />

Vos chairman Michael<br />

Vos said the development<br />

was a good<br />

news story for Tasmania<br />

and a reflection of<br />

the business confidence<br />

in the state. After the<br />

approval of their de-<br />

Grant helps TCCI to get workready<br />

velopment application<br />

earlier this year, Vos<br />

Group has started site<br />

works in preparation for<br />

construction to begin on<br />

the 16 units making up<br />

stage one early in 2017.<br />

Vos director Darren<br />

Vos said it was an<br />

exciting project and a<br />

wonderful opportunity<br />

for anyone looking to<br />

own a unique piece of<br />

<strong>Tasmanian</strong> real estate.<br />

“The development<br />

consists of 69 contemporary<br />

residential<br />

apartments, 11 of<br />

which have already<br />

been pre-sold,” Mr Vos<br />

said.<br />

“These modern,<br />

low-maintenance<br />

apartments will have<br />

THE <strong>Tasmanian</strong> Government has<br />

provided a $75,000 grant to the<br />

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

and Industry to deliver independent<br />

support for employers via its<br />

Work Readiness for Growth Industries<br />

Program.<br />

The initiative, part of a twoyear,<br />

$900,000 government Budget<br />

spend, includes:<br />

• a phone and email contact for<br />

employers requesting information<br />

and assistance;<br />

• workplace advice for employers<br />

considering employing a participant<br />

of the program; and<br />

• workplace visits to advise and<br />

mentor participating employers.<br />

panoramic views over<br />

the river while half<br />

of the apartments will<br />

also have views over<br />

the golf course and to<br />

Mt Wellington.’’<br />

The development is<br />

expected to create 100<br />

local jobs and could<br />

double membership<br />

of Claremont Golf<br />

Course.<br />

This support will build on the<br />

TCCI’s expertise and industry-informed<br />

knowledge of work readiness<br />

for our growth industries,<br />

helping participants to develop<br />

greater confidence in recruiting<br />

new employees and learn new<br />

skills to build productivity and create<br />

a great workplace.


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 3<br />

NEWS<br />

Exclusive: Eslake report reveals storm brewing<br />

Ageing population stunts growth<br />

TASMANIA’S ageing population<br />

is creating the perfect<br />

storm to stunt the state’s economic<br />

growth and force a reduction<br />

in work force participation.<br />

The higher the proportion<br />

of workers over the age of 65,<br />

the lower the proportion of<br />

younger people (15 to 65) in<br />

the workforce.<br />

The disproportion of older<br />

workers has also helped create<br />

fewer working hours per<br />

population and the lowest<br />

productivity in the country.<br />

The growing problem is<br />

confirmed by Australian Bureau<br />

of Statistics which reveals<br />

that Tasmania has the<br />

lowest proportion of people in<br />

the 20 to 44 age group and the<br />

highest aged 65 and over, in<br />

the nation.<br />

Respected economist Saul<br />

Eslake will reveal his concerns<br />

and consequences of<br />

the <strong>Tasmanian</strong> demographic<br />

problem when he delivers the<br />

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

and Industry Tasmania<br />

Report on <strong>December</strong> 14.<br />

Last year’s inaugural TCCI<br />

<strong>Tasmanian</strong> Report, supported<br />

by strategic partners, B&E<br />

Personal Banking, TasCOSS,<br />

Chartered Accountants Australia<br />

and New Zealand,<br />

Southern Cross Television<br />

and the Federal Group, highlighted<br />

the challenges and<br />

opportunities in merging economic<br />

and social needs.<br />

Mr Eslake said the ageing<br />

population and economic<br />

challenge wasn’t unique to<br />

Tasmania and was emerging<br />

in many smaller island states.<br />

“In Tasmania, the conundrum<br />

is an unbalanced, aged<br />

workforce which works fewer<br />

hours and has the lowest<br />

labour productivity in the nation.<br />

This means the average<br />

dollar value of goods and services<br />

produced per hour, per<br />

head creates lower average<br />

living standards.<br />

“The ageing population<br />

also makes it harder to off-set<br />

lower labour force participation<br />

by increased work hours<br />

because older workers, understandably,<br />

typically prefer to<br />

work fewer hours than younger<br />

workers.<br />

“The only sustainable way<br />

of offsetting the impact of an<br />

ageing population on living<br />

standards is increased productivity.<br />

“If retired workers have<br />

accumulated assets which<br />

they can run down to fund<br />

higher spending, it may offset<br />

the impact of population<br />

ageing on living standards<br />

“Unfortunately older <strong>Tasmanian</strong>s<br />

typically have less<br />

wealth than mainlanders.<br />

Mr Eslake last year revealed<br />

that Tasmania’s gross<br />

state product (GSP) was<br />

$18,334, or 27 per cent below<br />

national average.<br />

Fewer <strong>Tasmanian</strong>s had jobs<br />

than the national average;<br />

fewer hours were worked and<br />

<strong>Tasmanian</strong>s produced less in<br />

dollar value of goods and services<br />

for each hour worked.<br />

Mr Eslake will also expand<br />

on reasons for why Tasmania’s<br />

economic growth rate of<br />

1.3 percent was the lowest in<br />

the nation.<br />

Energy and utilities<br />

dropped 8.6 percent in income<br />

in 2015/16 mainly due<br />

to drought and the Basslink<br />

breakdown.<br />

Agriculture returns also<br />

dropped 4.4 percent through<br />

floods and reduced prices in<br />

the dairy industry.<br />

Book: www.tcci.com.au<br />

Dan kicks off expansion in Launceston<br />

DESPITE an overwhelming response<br />

to the opening of Dan Murphy’s<br />

liquor outlet in Launceston,<br />

plans for a Hobart outlet will be a<br />

case of later rather than sooner.<br />

General Manager of the huge Dan<br />

Murphy’s liquor operation, Campbell<br />

Stott, is keen to consolidate the<br />

inaugural store before considering a<br />

second outlet.<br />

“We have brought an exciting<br />

business model to Launceston and<br />

we want to bed it down before considering<br />

another store in Tasmania.<br />

“We may think about it in the<br />

next couple of years but finding<br />

1000 square metre sites in appropriate<br />

areas takes time,” Mr Stott said.<br />

Mr Stott said the opening weekend<br />

was very exciting and trading<br />

since had been very strong.<br />

“A good example of volumes of<br />

people visiting the site has been<br />

the signed-up members to our free<br />

membership club which provides<br />

additional discounts within the<br />

stores and through the on-line<br />

business and delivery to clients,’’<br />

he said.<br />

“In the first 10 days of trading,<br />

3000 <strong>Tasmanian</strong>s signed up and the<br />

membership rate continues.<br />

“It became obvious when talking<br />

to clients over the opening weekend,<br />

that they were astounded by<br />

the range of product particularly the<br />

wines, spirits and craft beers.<br />

“I was pleasantly surprised by the<br />

volume and quality of <strong>Tasmanian</strong><br />

craft beers, whisky and wines which<br />

have been very popular with clients<br />

as well as the wider range of products<br />

from Australia and overseas.<br />

City logs on to Internet of Things<br />

Dan Murphy’s general manager Campbell Stott, left, national operations manager Daniel Ellul, Launceston store manager Josh Velthoven,<br />

Victoria and Tasmania area manager Tim Ohem and Victoria and Tasmania state manager Tyson Holberry cut the ribbon at Tasmania’s first<br />

Dan Murphy’s store in Launceston.<br />

Minister Michael<br />

Ferguson with<br />

Definium CEO Mike<br />

Cruse.<br />

LAUNCESTON will<br />

become the first city in<br />

Australia to be covered<br />

by an Internet of Things<br />

(IoT) network.<br />

A $100,000 city-wide<br />

LORA network will provide<br />

a long range, low<br />

power network, similar<br />

to Wi-Fi and ideally suited<br />

to IoT applications.<br />

The project is a collaboration<br />

between the University<br />

of Tasmania’s<br />

Sense-T, Definium Technologies<br />

and CSIRO’s<br />

Data 61.<br />

Minister for Information<br />

Technology and Innovation,<br />

Michael Ferguson,<br />

announced the<br />

commitment, calling it<br />

an exceptional opportunity<br />

to bring together<br />

manufacturing capability,<br />

application development,<br />

community participation,<br />

researchers and<br />

government.<br />

“There are hundreds of<br />

possible applications for<br />

this network. It could range<br />

from simple things like<br />

tracking animals, monitoring<br />

bins, detecting water<br />

levels, or measuring air<br />

quality, to more complex<br />

projects using movement<br />

sensors and accelerometers<br />

in the area of telehealth,”<br />

Mr Ferguson said.<br />

“I expect we’ll see projects<br />

developed and creative<br />

ideas in areas we currently<br />

can’t even anticipate.<br />

“This is a first for Australia<br />

and shows the State<br />

Government’s commitment<br />

to the Smart Cities<br />

project and innovation. It’s<br />

through projects like this<br />

that we’ll see new businesses<br />

and new opportunities.”<br />

“Craft beers sales have increased<br />

from five per cent two years ago to<br />

12 per cent today and rising.”<br />

Mr Stott, is based in Dan Murphy’s<br />

Melbourne headquarters and<br />

The devices used to<br />

run IoT will be made<br />

locally – the network<br />

gateways and sensors<br />

will be manufactured by<br />

Definium Technologies,<br />

a Launceston-based IT<br />

company.<br />

The project will be run<br />

out of the new Enterprize<br />

Innovation Hub.<br />

Professor Brigid Heywo<br />

od Deputy Vice Chancellor<br />

(Research), from<br />

the University of Tasmania,<br />

said the announcement<br />

was very exciting<br />

as it clearly indicated<br />

Tasmania’s intention of<br />

taking one of the critical<br />

next steps in advancing<br />

IoT capability and capacity<br />

in Tasmania.<br />

spends much of his time visiting<br />

and working with the 205 outlets<br />

around Australia.<br />

His management priorities are<br />

culture, systems and employing top<br />

talent. Dan Murphy’s Launceston<br />

outlet on the corner of Bathurst<br />

and York Streets operates seven<br />

days a week and employs 22 <strong>Tasmanian</strong>s.


4 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong><br />

THOUGHT LEADERSHIP<br />

www.tcci.com.au<br />

Scientists<br />

back salmon<br />

farming<br />

WHEN Tasmania was<br />

in the midst of the nasty,<br />

negative forestry war,<br />

there was one value-adding<br />

industry hailed as the<br />

state’s saviour – salmon<br />

farming.<br />

In recent weeks, the<br />

sustainability and environmental<br />

credentials of<br />

the sector were called<br />

into question during an<br />

ABC Four Corners story.<br />

Many environmentalists<br />

were slamming<br />

salmon and calling for a<br />

boycott – quicker than it<br />

took South Africa to rip<br />

through Australia’s Test<br />

batsmen in Hobart.<br />

They rushed to cast<br />

shadows over the industry<br />

with one-liners<br />

suggesting “something<br />

fishy’’ is going on, without<br />

any regard for the<br />

$700 million it pumps<br />

into the economy or the<br />

thousands of people it<br />

helps keep in work.<br />

We prefer to rely on<br />

Michael<br />

Bailey<br />

TCCI Chief Executive<br />

independent scientific<br />

evidence. So, several<br />

members of the scientific<br />

community specialising<br />

in this field provided<br />

us advice at our recent<br />

board meeting at Campbell<br />

Town.<br />

As the TCCI has many<br />

members associated with<br />

the industry, including all<br />

of the big players, we felt<br />

it important to seek independent<br />

advice.<br />

We do not want to give<br />

anyone the chance to say<br />

that our position has been<br />

swayed by the industry.<br />

What we learned follows,<br />

and we are working<br />

on a forum to put the<br />

facts back into the discussion.<br />

• Tasmania has some<br />

of the world’s best researchers<br />

specialising in<br />

wild salmon farming at<br />

the CSIRO, IMAS and<br />

within the industry itself.<br />

Understanding of the impact<br />

of aquaculture on<br />

the environment and the<br />

ability to minimise this<br />

impact, has evolved dramatically<br />

over the last 10<br />

years and is among the<br />

world’s best practice.<br />

• Macquarie Harbour<br />

is a very complex waterway,<br />

industry data showing<br />

that one area is working<br />

well, while another is<br />

struggling, is accurate.<br />

Essentially such a<br />

large waterway has environmental<br />

zones within<br />

zones and the industry<br />

have been reacting to this<br />

for years.<br />

• The move of the regulator<br />

function to Department<br />

of Primary Industries,<br />

Parks, Water<br />

and Environment was a<br />

good move by the State<br />

Government and has<br />

provided a better governance<br />

model.<br />

• The industry is focussed<br />

on sustainable<br />

growth and best practice<br />

animal management.<br />

This includes making<br />

sure that fish food mimics,<br />

as well as possible,<br />

the wild food that the<br />

animal would be eating<br />

and also treating them<br />

with antibiotics if they<br />

become ill. Pink flesh is<br />

an indicator of a healthy<br />

fish, not an industrial<br />

conspiracy.<br />

Any fish that is ill and<br />

treated with antibiotics<br />

(always under the supervision<br />

of a vet) then goes<br />

through a lengthy withdrawal<br />

period to ensure<br />

that there is no residue in<br />

their system at harvest.<br />

By the way, the incidence<br />

of sick fish has<br />

reduced dramatically<br />

in Tasmania as fish<br />

management practices<br />

have continued to improve.<br />

This improvement<br />

has come from industry<br />

reacting to great and<br />

ground breaking scientific<br />

research done right<br />

here in Tasmania.<br />

• The industry downstreams<br />

everything. All<br />

of the value of this product<br />

is held in Tasmania<br />

and shared with a variety<br />

of businesses, functions<br />

and communities. This is<br />

exactly the sort of industry<br />

that Tasmania needs.<br />

• There is a need for a<br />

public zoning process to<br />

map where the industry<br />

should expand in the future.<br />

This would allow the<br />

community and industry to<br />

understand where expansion<br />

is planned.<br />

This will need to be conducted<br />

in 10-year cycles<br />

to react to increasing sea<br />

temperatures making some<br />

Huon<br />

Aquaculture’s<br />

salmon<br />

pens in<br />

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

waters.<br />

areas less and others more<br />

viable.<br />

• The science shows that<br />

the industry is sustainable<br />

and has a long and exciting<br />

future in Tasmania.<br />

My worry is that we are<br />

starting to see an argument<br />

that the whole industry is<br />

dirty and should be shut<br />

down.<br />

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

Salmon” bumper stickers<br />

are already appearing.<br />

What we have learned in<br />

Tasmania is that too often<br />

these arguments are played<br />

out on emotion rather than<br />

fact.<br />

Please listen to experts<br />

and base opinions on science<br />

rather than an emotion-driven<br />

bandwagon.<br />

Mission targets China thirst for craft brews<br />

AUSTRADE is organising<br />

a trade mission to<br />

China for makers of craft<br />

beer, spirits and other<br />

premium alcoholic and<br />

non-alcoholic beverages.<br />

Sally<br />

Chandler<br />

Tradestart Adviser<br />

The trade mission in<br />

the form of a roadshow is<br />

visiting the first and second<br />

tier cities of Beijing,<br />

Shanghai, Guangzhou<br />

and Kunming to access<br />

buyers. Places are limited<br />

to 20 companies.<br />

The roadshow is the<br />

first trade mission designed<br />

to showcase premium<br />

Australian beverages<br />

to select importers,<br />

distributors, traders, corporate<br />

buyers and media<br />

together with top-ranking<br />

hotels, bartenders and<br />

restaurants.<br />

China’s hospitality entrepreneurs<br />

are seeking<br />

to offer an increasing<br />

number of unique and affordable<br />

luxury beverage<br />

choices alongside more<br />

traditional mass market<br />

brands to on-premise<br />

consumers.<br />

The mission will start<br />

in Beijing on Friday,<br />

March 3, 2017 before<br />

travelling to Shanghai on<br />

Monday, March 6, then<br />

Guangzhou on Wednesday,<br />

March 8 and finally<br />

Kunming on Friday,<br />

March 10.<br />

At the end of the mission,<br />

delegates have the<br />

option of attending the<br />

2017 China Wine and<br />

Spirits Fair in Chengdu.<br />

The program in each<br />

city will begin in the<br />

afternoon with an educational<br />

seminar in<br />

a master class style to<br />

demonstrate the attributes<br />

of the exhibited<br />

beverages.<br />

Product displays will<br />

be set up for businesses<br />

to interact with buyers<br />

and the media and each<br />

day will end with a cocktail<br />

function for networking.<br />

Brewers will have the chance to showcase their product in China.<br />

Table wines are not included<br />

in this mission.<br />

In 2015, China’s whisky<br />

imports increased by<br />

19.8 per cent to 15.77<br />

million litres and sales<br />

of imported premium<br />

beer increased by 58.9<br />

per cent to 538.5 million<br />

litres.<br />

Under the China Australia<br />

Free Trade Agreement<br />

(ChAFTA) the 10<br />

per cent tariff on Australian<br />

distilled spirits will<br />

be eliminated by January<br />

1, 2019 and the tariffs<br />

on juice and mineral<br />

water will be eliminated<br />

over the same period<br />

from 20 per cent.<br />

China currently does<br />

not have an import duty<br />

on beer.<br />

Applications to take<br />

part in the mission are<br />

required before <strong>December</strong><br />

15, <strong>2016</strong> and Austrade<br />

will then review<br />

the registrations and the<br />

successful applicants<br />

will be notified accordingly.<br />

Should your company<br />

be interested in taking<br />

part in the mission please<br />

contact me for information<br />

on costs, the payment<br />

structure and financial assistance.<br />

For international<br />

trade and investment<br />

assistance contact<br />

the TCCI’s Trade-<br />

Start adviser, Sally<br />

Chandler, at sally.<br />

chandler@tcci.com.<br />

au or phone<br />

1300 559 122.


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 5<br />

NEWS<br />

Forest industry turnaround<br />

By Guy Barnett<br />

Resources Minister<br />

IN A remarkable turnaround, Tasmania’s<br />

forest industry is growing<br />

again.<br />

More and more <strong>Tasmanian</strong>s are<br />

finding employment in this great<br />

industry, whereas only a few short<br />

years ago thousands were being<br />

thrown out of work.<br />

Renewed confidence and enthusiasm<br />

is driving investment in new<br />

opportunities that add value to our<br />

wood products.<br />

This resurgence can be seen in<br />

sawmills, processors and other forestry-related<br />

operations across the<br />

state and particularly in regional Tasmania,<br />

where our productive industries<br />

are so critical.<br />

There is much to be excited about,<br />

with investment up, exports up, and<br />

jobs up.<br />

The fightback is being led by a revitalised<br />

business sector, which has<br />

been unshackled by the pro-growth<br />

policies of the State Liberal Government.<br />

In Geilston Bay, one of our leading<br />

fine furniture makers Craig Howard<br />

is showing how value-adding initiatives<br />

can deliver greater returns from<br />

our native timbers.<br />

While this has been a largely boutique<br />

business, Mr Howard is creating<br />

up to nine new jobs by investing<br />

in upgrading his processing equipment.<br />

This will enable the efficient production<br />

of high-value, thick veneer<br />

products from iconic craft wood species<br />

for fine furniture-making and<br />

luxury boat fit-outs, as well as in<br />

building and construction.<br />

Multiplying the value of every<br />

piece of timber used in the creative<br />

process, it will add considerable<br />

worth to the end product, with flowon<br />

benefits that are industry-wide.<br />

An initiative highlighting the opportunities<br />

that exist to grow the productive<br />

value of forestry, it is also an<br />

example of how the Government is<br />

backing the industry because we are<br />

investing $100,000 in the project.<br />

The business was one of 13 successful<br />

recipients of grants from our<br />

recently announced Wood and Fibre<br />

Processing Innovation Program, designed<br />

to encourage exactly this kind<br />

of value-adding.<br />

The $1.25 million program received<br />

strong interest, with 41 applications<br />

for funding, demonstrating<br />

again the industry’s growing confidence<br />

and willingness to invest.<br />

Many of the projects we are funding<br />

involve biomass.<br />

There is<br />

much to<br />

be excited<br />

about, with<br />

investment<br />

up, exports<br />

up, and jobs<br />

up.<br />

An important source of renewable<br />

energy in Europe, biomass has great<br />

potential in Tasmania, not only as<br />

an alternative power supply but also<br />

because it would add value to forest<br />

residues.<br />

Each of the successful applicants<br />

under the program give more reason<br />

for optimism about the future of this<br />

industry.<br />

But there is much good news<br />

across the sector.<br />

For example, SmartFibre, a subsidiary<br />

of the state’s largest native<br />

forest sawmiller, Neville Smith<br />

Forest Products, is investing $3<br />

million in expanding its woodchip<br />

export plant at Bell Bay.<br />

In a ground-breaking partnership<br />

with SFM Forest Products,<br />

the SmartFibre PureForest project<br />

will deliver Tasmania’s first native<br />

forest exports carrying full Forest<br />

Stewardship Council (FSC) certification.<br />

On a related note, and in another<br />

welcome development, Forestry<br />

Tasmania also recently received<br />

FSC Controlled Wood certification<br />

for its plantation operations.<br />

In October I outlined to Parliament<br />

the Government’s plan to deliver<br />

resource and job security to<br />

allow the industry to continue to<br />

grow.<br />

With a new name of Sustainable<br />

Timber Tasmania, Forestry Tasmania<br />

will be put on a sustainable footing,<br />

ending the public subsidies.<br />

I was pleased to also have the opportunity<br />

to speak at a meeting organised<br />

by the <strong>Tasmanian</strong> Chamber<br />

and Commerce and Industry, with<br />

key stakeholders attending, to explain<br />

our plan.<br />

As I told Parliament, the Liberal<br />

Government looks forward with<br />

confidence to the sunrise industry<br />

of the future, with new directions,<br />

new value-added products, new investment<br />

and new jobs based on our<br />

renewable, sustainable production<br />

forests.<br />

Switching. It’s easy.<br />

It’s where you end up that’s most important.<br />

To get covered<br />

please contact:<br />

Northern Tasmania: Southern Tasmania: North West Tasmania:<br />

Courtney Osborne<br />

0417 563 546<br />

cosborne@stlukes.com.au<br />

Alicia Frankcombe<br />

0417 561 948<br />

afrankcombe@stlukes.com.au<br />

Rebecca Roth<br />

0439 392 453<br />

rroth@stlukes.com.au<br />

Jan Hooper<br />

0459 022 553<br />

jhooper@stlukes.com.au


6 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong><br />

THOUGHT LEADERSHIP<br />

Putting value<br />

on valuables<br />

www.tcci.com.au<br />

A year of contrasts<br />

DIRECTOR,<br />

INSURANCE SOLUTIONS<br />

CHRISTMAS is just<br />

around the corner – hopefully<br />

Santa’s feeling generous.<br />

And if he is, make sure<br />

your home and contents<br />

insurance covers all your<br />

new gifts.<br />

In fact, it’s a good<br />

time to really look at<br />

your sums insured and<br />

your policy to make sure<br />

you’re covered for the<br />

full replacement value of<br />

your home and your contents.<br />

Most policies cover<br />

you “new for old” these<br />

days.<br />

So while you think<br />

your old and beloved<br />

lounge suite is only<br />

worth a few hundred<br />

An active business is<br />

a much more complex<br />

structure than simply<br />

static land and buildings<br />

dollars, it might actually<br />

cost a few thousand dollars<br />

to replace.<br />

We strongly recommend<br />

that you get an<br />

insurance valuation for<br />

your home.<br />

An insurance valuation<br />

is very different from a<br />

market valuation, and<br />

only needs to be done<br />

once every five years or<br />

so.<br />

It’s a much better way<br />

to find out you’re under<br />

insured than at the time<br />

of a claim.<br />

Your building sum insured<br />

should be enough<br />

to cover the cost of rebuilding<br />

your home –<br />

including any sheds,<br />

outbuildings, fences,<br />

driveways and any other<br />

aboveground (or underground)<br />

improvements.<br />

For your contents, it’s<br />

a great idea to go around<br />

each room and take photos<br />

of your furniture,<br />

knick knacks, paintings,<br />

collections etc – and take<br />

photos of your jewellery<br />

and other valuable items<br />

so you have “proof of<br />

ownership” if you have a<br />

claim.<br />

While you’re doing<br />

that, work out the replacement<br />

value of everything<br />

you have in each<br />

room (including the carpets,<br />

curtains and blinds)<br />

to get a better appreciation<br />

of what your contents<br />

sum insured should be.<br />

If possible, email your<br />

photos to your broker to<br />

keep on your file.<br />

It is human nature to<br />

think it won’t happen<br />

to you, and hopefully it<br />

won’t.<br />

But these are a few<br />

easy steps to give you the<br />

peace of mind that if you<br />

do have a claim, you’re<br />

well prepared.<br />

Sally Bevis is a director<br />

at Insurance<br />

Solutions Tasmania<br />

Pty Ltd (AFSL<br />

315540) - brokers<br />

for the TCCI. Information<br />

is general<br />

in nature. Contact<br />

Sally via sbevis@<br />

inssoltas.<br />

There were plenty of highs for shipping in the state in <strong>2016</strong>. The positivity is set to continue with news the world’s<br />

largest shipping line, Maresk, will be calling in Bell Bay in 2017.<br />

DID you blink? That was<br />

<strong>2016</strong> that just went by.<br />

Not an insignificant<br />

year I would say in terms<br />

of freight and logistics.<br />

Let’s recap <strong>2016</strong>.<br />

It marked the year of<br />

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

Freight Equalisation<br />

Scheme for <strong>Tasmanian</strong><br />

exporters to be<br />

closer to our northern<br />

cousins in regards to<br />

freight levels.<br />

We have seen great<br />

confidence in the expectation<br />

of trade development<br />

in Tasmania<br />

with Searoad completing<br />

the new build of their<br />

vessel for Bass Strait<br />

trade, Toll confirming<br />

an upgrade of vessels<br />

for 2018, a new service<br />

for King Island, signifi-<br />

Brett<br />

Charlton<br />

Agility Logistics<br />

cant works on the state’s<br />

roads, MSC retaining a<br />

weekly service into Bell<br />

Bay, Swire maintaining<br />

services into Hobart and<br />

Bell Bay, progress on<br />

the Hobart runway expansion,<br />

Launceston airport<br />

winning Australia’s<br />

best airport, the recent<br />

announcement of a new<br />

direct air freight service<br />

to Ningbo, China ex-Hobart<br />

and the recent news<br />

that the world’s largest<br />

shipping line, Maresk,<br />

will be calling in Bell<br />

Abbey<br />

Guilbert<br />

Workplace Relations<br />

Bay in 2017.<br />

Our cup runneth over.<br />

It has not all been beer<br />

and skittles of course.<br />

While the dizzy heights<br />

of expectation for the<br />

extension to the TFES<br />

for exporters were not<br />

reached in the first year,<br />

it has certainly laid some<br />

great stepping stones for<br />

growth in confidence to<br />

enter new markets and<br />

potentially value-add to<br />

our current exports.<br />

There will be some<br />

scrutiny on the extension<br />

to the scheme over 2017<br />

and I would encourage<br />

all that use the TFES<br />

to shout its praises and<br />

provide commentary as<br />

to how it has benefited<br />

trade at every opportunity.<br />

At the beginning of<br />

<strong>2016</strong> we were all switching<br />

off lights and moving<br />

generators around<br />

the state so we could recharge<br />

our iPhones, then<br />

in June we were watching<br />

bridges and ports being<br />

washed away.<br />

We certainly were<br />

shown the forces of<br />

Mother Nature in <strong>2016</strong><br />

and it would be a brave<br />

person to say for certain<br />

what the weather patterns<br />

will be in the future.<br />

Brexit and the results<br />

of the US election have<br />

sent a shock wave of<br />

“perception of reality”<br />

into the ether and I expect<br />

we are all entering<br />

2017 with an underlying<br />

position of optimism<br />

but with a side dish of<br />

“what’s next?”<br />

Thank you for reading<br />

my columns.<br />

I do get some feedback<br />

from time-to-time letting<br />

me know that they are<br />

being read.<br />

Please feel free to drop<br />

me a line at bcharlton@<br />

agility.com if you have<br />

any comments or questions.<br />

I wish for all a safe<br />

and enjoyable Christmas<br />

with family and friends.<br />

See you in 2017.<br />

High price of underpaying staff<br />

A RECENT Fair Work<br />

Ombudsman investigation<br />

into a business in<br />

Hobart serves as a timely<br />

reminder that it is always<br />

best to continually check<br />

you are paying the correct<br />

pay rates to staff.<br />

The Fair Work Ombudsman<br />

found that<br />

workers had been paid<br />

$11 to $13 per hour at a<br />

Muffin Break franchise<br />

outlet which resulted in<br />

more than $46,000 in underpayments.<br />

As casuals, employees<br />

had been entitled to be<br />

paid more than $23 for<br />

ordinary hours, weekend<br />

rates of up to $33.24 per<br />

hour and public holiday<br />

rates of up to $52.23 per<br />

hour.<br />

The business was then<br />

sold and it has been made<br />

clear that the current<br />

owner was not involved<br />

with the underpayments.<br />

The Fair Work Ombudsman<br />

is also currently<br />

undertaking inquiries<br />

into:<br />

• Wages and conditions<br />

of people working under<br />

the 417 Working Holiday<br />

Visa Program (<strong>2016</strong>).<br />

• Trolley collection<br />

services procurement<br />

by Woolworths Limited<br />

(June <strong>2016</strong>).<br />

• Procurement of<br />

housekeepers by four<br />

and five-star hotel groups<br />

(May <strong>2016</strong>).<br />

• Identifying and addressing<br />

the drivers of<br />

non-compliance in the<br />

7-Eleven network (April<br />

<strong>2016</strong>).<br />

A full list of inquiries<br />

and information regarding<br />

those can be<br />

found on the Fair Work<br />

Ombudsman’s website:<br />

www.fairwork.gov.au/<br />

about-us/access-accountability-and-reporting/inquiry-reports#dsdbi<br />

and<br />

this does not take into<br />

account the other complaints<br />

that the Fair Work<br />

Ombudsman receives on<br />

a daily basis.<br />

The 2015-16 Fair Work<br />

Ombudsman Annual Report<br />

(www.fairwork.gov.<br />

au/annual-report) shows<br />

that in 2015-16 the Fair<br />

Work Ombudsman had<br />

more than 25 million<br />

customer interactions<br />

which included:<br />

• 15,308,115 website<br />

visits (up 14 per cent);<br />

• 5,024,736 pay tool<br />

calculations (up 66 per<br />

cent);<br />

• 4,417,001 fact sheet,<br />

guide and template<br />

downloads and views (up<br />

13 per cent);<br />

• 415,862 advice over<br />

the phone (down 12 per<br />

cent);<br />

• 60,407 email subscribers<br />

(up 22 per cent);<br />

• 58,543 online enquiries<br />

answered (up 72 per<br />

cent);<br />

• 18,220 online learning<br />

centre courses started<br />

(down 11 percent) ;<br />

• helped customers resolve<br />

more than 29,900<br />

workplace relations matters;<br />

and<br />

• recovered more than<br />

$27.3 million for 11,158<br />

workers.<br />

The message is clear –<br />

if the correct pay rates are<br />

not paid, businesses will<br />

be caught (and potentially<br />

fined).<br />

The good news is that as<br />

a business there are a number<br />

of avenues that you<br />

have to ensure that you are<br />

complying with your minimum<br />

rates of pay as prescribed<br />

in the legislation,<br />

which includes:<br />

• Fair Work Commission:<br />

www.fwc.gov.au/;<br />

• Fair Work Ombudsman:<br />

www.fairwork.gov.<br />

au/; and<br />

• TCCI: www.tcci.com.<br />

au/Home<br />

At TCCI there are a<br />

number of ways which we<br />

can assist with any questions<br />

you have, for example:<br />

• pay and conditions<br />

guides;<br />

• pay rate audits; and<br />

• a partnership with the<br />

Australian Institute of<br />

Management with TCCI<br />

members receiving 25<br />

per cent off remuneration<br />

reviews if they contribute<br />

to the National Salary Survey.<br />

Workplace Assured;<br />

access to our Helpline<br />

and access to consultants.<br />

Contact us via our<br />

website, 1300 559<br />

122 or workplacerelations@tcci.com.au


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 7<br />

THOUGHT LEADERSHIP<br />

www.tcci.com.au<br />

Macquarie Point call for action<br />

I RECENTLY met Labor’s<br />

Federal Infrastructure<br />

spokesman Anthony<br />

Albanese when he was<br />

visiting Hobart.<br />

He’s no stranger to<br />

Tasmania having visited<br />

dozens of times over<br />

the past 10 years, both as<br />

a Minister and now as a<br />

Shadow Minister.<br />

Our discussion soon<br />

got onto the Macquarie<br />

Point development<br />

which he played a key<br />

role in, way back in June,<br />

2012.<br />

The opening line of<br />

his press statement from<br />

June 22 summed up the<br />

anticipation attached to<br />

the project.<br />

“Every so often an opportunity<br />

comes along as<br />

a Minister to make a decision<br />

that will transform<br />

a community for decades<br />

into the future.” (Anthony<br />

Albanese, June 22,<br />

2012)<br />

More than 40 months<br />

later, he lamented over<br />

the lack of progress on<br />

the site.<br />

“I find it extraordinary<br />

that years later, and<br />

about 20 visits by me to<br />

Hobart, there is so little<br />

action on this site,”<br />

(Anthony Albanese, the<br />

Mercury, November 3,<br />

<strong>2016</strong>)<br />

Mr Albanese noted<br />

the project has the potential<br />

to unlock more<br />

than a billion dollars’<br />

worth of investment.<br />

The lack of progress<br />

has been a major frustration<br />

for many in the<br />

business community<br />

here in Hobart.<br />

It’s clear that nothing<br />

can really happen without<br />

moving the sewerage<br />

works on the site.<br />

It’s a significant spend<br />

($145 million according<br />

to recent reports) but it’s<br />

an inevitable one.<br />

TasWater has rightly<br />

said that it’s not prepared<br />

to stump up for the project,<br />

leaving the responsibility<br />

with the State Government.<br />

Labor has urged<br />

the Premier and State<br />

Growth Minister to engage<br />

with Infrastructure<br />

Australia to try and progress<br />

a solution.<br />

The bottom line is,<br />

something has to happen<br />

soon or the fiveyear<br />

anniversary of Mr<br />

Albanese’s $50 million<br />

announcement will tick<br />

over without a major step<br />

forward.<br />

Now is not the time for<br />

finger pointing it’s time<br />

for a practical way forward.<br />

Hobart’s Macquarie Point awaits a way forward.<br />

Investors need confidence<br />

that the redevelopment<br />

has momentum<br />

and that their ideas can<br />

be properly and transparently<br />

assessed.<br />

This project could be<br />

one the most exciting opportunities<br />

in the country<br />

over the next decade or<br />

so, but we have to get it<br />

right.<br />

Labor stands ready to<br />

work constructively with<br />

all levels of Government<br />

on a way forward.<br />

Make a date with a business matchmaker<br />

MANY people want<br />

to own their own business,<br />

and the majority<br />

of them would prefer to<br />

buy an existing business<br />

so they do not have to<br />

build a business from the<br />

ground up.<br />

The problem is that<br />

many of these potential<br />

business buyers do not<br />

have an idea about what<br />

Identifying workplace hazards<br />

By Craig Hortle<br />

IDENTIFYING hazards<br />

in the workplace is a key<br />

way to ensure that your<br />

workers are safe.<br />

The difficulty is to ensure<br />

that the method you<br />

use to identify hazards is<br />

user friendly.<br />

A simple method to<br />

ensure that all hazards<br />

are identified is to seperate<br />

the worksite into different<br />

aspects of work:<br />

• physical work environment;<br />

• equipment, materials<br />

and substances used;<br />

• work tasks and how<br />

they are performed; and<br />

• work design and management.<br />

To determine the hazards<br />

in each work area,<br />

the hazards themselves<br />

can be divided into common<br />

hazard areas:<br />

• manual tasks;<br />

• gravity;<br />

Dean<br />

Demeyer<br />

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

kind of business to buy,<br />

so many of them automatically<br />

default to what<br />

• electricity;<br />

• machinery and equipment;<br />

• hazardous chemicals;<br />

• extreme temperatures;<br />

• noise;<br />

• radiation;<br />

• biological; and<br />

• psychosocial hazards.<br />

These common hazards<br />

can be identified in<br />

the work area by implementing<br />

a workplace inspection.<br />

Regularly walking<br />

around the workplace<br />

and observing how<br />

things are done can help<br />

you predict what could<br />

or might go wrong.<br />

Look at how people<br />

actually work, how<br />

plant and equipment is<br />

used, what chemicals<br />

are around and what<br />

they are used for, what<br />

safe or unsafe work<br />

practices exist as well<br />

as the general state of<br />

housekeeping<br />

they know from daily<br />

life and look into retail<br />

businesses, particularly<br />

You can also consult<br />

your workers.<br />

Ask your workers<br />

about any health and<br />

safety problems they<br />

have encountered in doing<br />

their work and any<br />

near misses or incidents<br />

that have not been reported.<br />

Worker surveys may<br />

also be done to obtain<br />

information about matters<br />

such as workplace<br />

bullying, as well as muscular<br />

aches and pains<br />

that can signal potential<br />

hazards.<br />

Finally you may want<br />

review available information.<br />

For example, risks relevant<br />

to particular industries<br />

and types of work<br />

is available from regulators,<br />

industry associations,<br />

unions, technical<br />

specialists and safety<br />

consultants.<br />

Manufacturers and<br />

food retail. For current<br />

baby boomer business<br />

owners, who currently<br />

own more than half<br />

of Australia’s 420,000<br />

small businesses, and<br />

who are looking to sell<br />

their business and retire<br />

comfortably, this can<br />

be cause for worry.<br />

Will they be able to<br />

find a buyer?<br />

suppliers can also provide<br />

information about<br />

hazards and safety precautions<br />

for specific<br />

substances (safety data<br />

sheets), plant or processes<br />

(instruction manuals).<br />

Analyse your records<br />

of health monitoring,<br />

workplace incidents,<br />

near misses, worker<br />

complaints, sick leave<br />

and the results of any inspections<br />

and investigations<br />

to identify hazards.<br />

If someone has been<br />

hurt doing a particular<br />

task, then a hazard exists<br />

that could hurt someone<br />

else.<br />

These incidents need<br />

to be investigated to find<br />

the hazard that caused<br />

the injury or illness.<br />

Contact Craig Hortle<br />

or Janelle Whitehouse<br />

at the TCCI<br />

on 1300 559 122 or<br />

safety@TCCI.com.au<br />

How many people are<br />

looking to buy niche<br />

businesses that require<br />

special skills?<br />

The key is a good<br />

broker, who will match<br />

a niche business with<br />

the right buyer.<br />

Most people end up<br />

buying a different business<br />

to that which they<br />

initially inquired about.<br />

Understanding what<br />

potential buyers’ goals<br />

and objectives are for<br />

owning a business is<br />

key.<br />

A great broker will<br />

always run a “buyer”<br />

database along side of<br />

their “seller” database,<br />

and proactively match<br />

businesses with buyers.<br />

From the seller’s perspective,<br />

knowing how<br />

to prepare a business<br />

for sale and knowing<br />

how to market it to the<br />

right people is critical.<br />

If you have a niche<br />

business to sell that you<br />

worry will not attract<br />

buyers, rest assured that<br />

with an expert handling<br />

the process and an existing<br />

database of buyers, in<br />

many cases, the perfect<br />

buyer can be found.<br />

H O T E L<br />

ENJOY THE WATERFRONT<br />

Ask your business<br />

broker how they handle<br />

these critical aspects<br />

for successfully selling<br />

your business – it could<br />

make all the difference<br />

to when you sell your<br />

business and retire comfortably.<br />

Information is<br />

general in nature.<br />

You can contact<br />

Dean via dean.<br />

demeyer@<br />

finnbusinesssales.<br />

com.au or<br />

0419382359.<br />

15% off midweek when you mention this offer!<br />

Negotiated corporate rates & group packages available. Conference<br />

and meetings facilities. Wireless/broadband internet. Cafe and catering.<br />

Security parking and lifts. Mini gym & sauna.<br />

6270 1444 / 1300 733 422 15 Hunter Street, Hobart<br />

www.zerodavey.com.au


8 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong><br />

FOCUS ON BUSINESS<br />

Bankers getting down to business<br />

LEADING <strong>Tasmanian</strong> customer-owned<br />

financial institution B&E<br />

Personal Banking has a long and<br />

proud history of putting customers<br />

first.<br />

Not only does B&E help <strong>Tasmanian</strong>s<br />

fulfil their personal banking<br />

needs, it offers a comprehensive<br />

range of business banking products<br />

and services as well.<br />

With nearly 50 years’ experience<br />

between them, B&E’s statewide<br />

business banking team – Kris Wye<br />

and David Ponting – appreciate that<br />

running a business can be both challenging<br />

and rewarding.<br />

Just as financial institutions are all<br />

different, so too are business bankers<br />

and having the right one on your<br />

team can make or break your business.<br />

Whether your needs are simple<br />

(an everyday business account) or<br />

more complex (a business loan), you<br />

should feel confident that you have<br />

a dedicated business banker, who<br />

understands your business and your<br />

long-term business goals and objectives.<br />

So with this in mind, we asked<br />

Kris and David to tell us what they<br />

consider as key attributes of a good<br />

business banker.<br />

Time is money<br />

“A good business banker recognises<br />

that your time is precious,”<br />

said Kris.<br />

“They should be available when<br />

and where you need them. If you<br />

don’t have access to their direct<br />

number or mobile, ask for it! It’s<br />

about being responsive and flexible<br />

in order to help you solve your financial<br />

challenges quickly and efficiently.”<br />

Know how<br />

“Your business banker must have<br />

the experience and expertise to help<br />

you manage risk and build your<br />

business,” said David.<br />

“They will take the time to understand<br />

your business. They may not<br />

be an expert in your field but they<br />

will get to know you and the industry<br />

you operate within.”<br />

“People often don’t look beyond<br />

the ‘friendly banker’,” said Kris. “It<br />

is important that you and your banker<br />

can work together but they should<br />

also offer you superior service, valuable<br />

advice and guidance.”<br />

Support<br />

“When choosing a business banker<br />

it’s important to not only consider<br />

what services you will need now but<br />

what you might need in the future,”<br />

said David. “Have you thought<br />

about how<br />

much support<br />

will you need<br />

as your business<br />

changes<br />

and grows?”<br />

“A business<br />

banker<br />

should see<br />

your growing<br />

business<br />

as an opportunity<br />

to provide<br />

you with<br />

more useful<br />

services and<br />

solutions<br />

along the<br />

way,” added<br />

Kris.<br />

“ T h e y<br />

should be<br />

helping your business thrive at every<br />

stage.”<br />

Nurturing trust<br />

David and Kris both agreed that<br />

banking arrangements are often<br />

long-term.<br />

“A business banker should invest<br />

the time to develop and nurture<br />

your relationship,” said Kris. “Open<br />

and honest communication really is<br />

key,” enthused David.<br />

“It shouldn’t be left up to you to<br />

make a call – your business banker<br />

should initiate contact to build trust<br />

and forge an ongoing relationship.”<br />

One-stop shop<br />

“We see it all the time – business<br />

owners with complex and inter-connected<br />

business and personal banking<br />

needs,” said Kris. “It makes<br />

sense that your business banker services<br />

all your business and personal<br />

banking needs.”<br />

“One of the most important factors<br />

to consider is whether or not<br />

your business banker has the authority<br />

and the discretion to make onthe-spot<br />

decisions,” said David.<br />

“To save time and money, make<br />

sure you are dealing directly with<br />

the person who is making the decisions<br />

and not a go-between.”<br />

Local knowledge<br />

“As locals, Kris and I understand<br />

the <strong>Tasmanian</strong> market,” said David.<br />

“A good business banker is attuned<br />

to local market conditions and will<br />

have a good understanding of market<br />

forces at play in the local and<br />

wider-economy.<br />

“From helping you borrow capital<br />

to planning for the future, a local<br />

business banker is an invaluable<br />

partner to your business – creating a<br />

relationship that is mutually beneficial<br />

is so important,” said Kris.<br />

B&E’s business banking team is<br />

here to help you and your business<br />

succeed.<br />

Contact Kris Wye on 0455 093 421<br />

or David Ponting on 0472 848 938.<br />

we’re big<br />

4 business<br />

banking.<br />

David Ponting<br />

<strong>Business</strong> Banking Manager<br />

(South)<br />

Kris Wye<br />

<strong>Business</strong> Banking Manager<br />

(North)<br />

8034<br />

At B&E, we’re not just Big 4 personal banking, we’re Big 4 business banking too.<br />

From business loans and overdrafts through to everyday banking, our <strong>Business</strong> Banking Team is here to help you. As a leading <strong>Tasmanian</strong> customer-owned financial institution, we<br />

can tailor our products to suit your individual business needs. We offer simple solutions, with fast, local decision making. And of course we can come to you, at a time that suits you.<br />

Meet the team: With 50 years’ combined experience, David Ponting and Kris Wye have helped hundreds of local businesses with their business banking needs. Whether your<br />

business is expanding or you want to take advantage of market opportunities, the team will make your business banking as easy and stress-free as possible.<br />

Call Kris (North) on 0455 093 421 or David (South) on 0472 848 938 for a no obligation chat about your business banking needs today.<br />

b-e.com.au | 1300 306 716<br />

B&E Ltd ABN 32 087 652 088. AFSL & Australian Credit Licence 236870.<br />

me


T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 1 2 , 0 0 0 M O N T H LY<br />

<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 9<br />

Awards turn up mining gems Course<br />

NEWS<br />

THE 2017 <strong>Tasmanian</strong> Women<br />

In Resources Awards has<br />

been launched ahead of April’s<br />

awards ceremony.<br />

The AusIMM Women in Mining<br />

Network Tasmania (WIMnet) are<br />

accepting applications in five<br />

key categories to recognise the<br />

important role women play in the<br />

resources sector.<br />

The categories are Exceptional<br />

Woman in <strong>Tasmanian</strong><br />

Resources, Gender Diversity<br />

Champion in <strong>Tasmanian</strong> Resources,<br />

Excellence in Diversity<br />

Programs and Performance,<br />

Outstanding <strong>Tasmanian</strong> Tradeswoman,<br />

Operator or Technician<br />

and Exceptional Young Woman<br />

in <strong>Tasmanian</strong> Resources.<br />

Dozens of people attended the<br />

launch at QVMAG at Inveresk.<br />

ABOVE LEFT: Tarrisha Simpson,<br />

South32-Temco, left, Ariel<br />

Pasco, Grange Resources, Kelly<br />

Down, Bell Bay Aluminium and<br />

Sarah Courtney, MP<br />

BELOW LEFT: Alison Hilder,<br />

TMEC, left, John Stanton, Atlas<br />

Copco Australia, Sue Stanton,<br />

Jacinta Bradshaw, Ted Bradshaw,<br />

Kimberley Consulting<br />

Group<br />

Pictures:Rob Burnett Images<br />

IN BRIEF<br />

STEM success<br />

THE state’s best and brightest science<br />

and technology minds have<br />

been celebrated with the inaugural<br />

<strong>Tasmanian</strong> STEM (Science, Technology,<br />

Engineering and Mathematics)<br />

Awards.<br />

The awards form part of the<br />

eleventh Science Meets Parliament<br />

event, which brings together the<br />

state’s top scientists and elected<br />

representatives, to celebrate our science-related<br />

achievements.<br />

University of Tasmania Associate<br />

Professor Calum Wilson won the<br />

Premier’s <strong>Tasmanian</strong> STEM Researcher<br />

of the Year Award for his<br />

research on the effects of harmful<br />

pathogens on the agricultural<br />

environment, resources and crop<br />

sustainability.<br />

The Minister for IT and Innovation’s<br />

- STEM Innovation of the Year<br />

Award was won by the CSIRO Data<br />

61 project for its innovative nanotechnology<br />

advances aimed at understanding<br />

bee pollination.<br />

MyState matters<br />

MYSTATE Bank announced today<br />

that it will offer its more than 105,000<br />

customers Apple Pay, which is transforming<br />

mobile payments.<br />

MyState customers across Australia<br />

will be able to use Apple Pay to<br />

make quick and secure purchases<br />

wherever contactless payments are<br />

accepted with a MyState Visa debit<br />

card.<br />

The bank is also partnering with<br />

children’s education charity, The<br />

Smith Family, to help bring the spirit<br />

of Christmas to nearly 15,000 disadvantaged<br />

children across Australia.Until<br />

<strong>December</strong> 14, all MyState<br />

branches around Tasmania will collect<br />

donated new toys and books as<br />

part of The Smith Family’s national<br />

annual Toy & Book Appeal.<br />

Loan standards<br />

THE National Credit Providers Association,<br />

the peak body for small<br />

loan providers in Australia, has started<br />

formulating additional industry<br />

standards.<br />

The NCPA has agreed to develop<br />

a Code of Conduct and has begun<br />

initial consultation in line with the<br />

Australian Securities & Investments<br />

Commission guidelines and standards.<br />

NCPA chief executive Phil Johns<br />

said it was a formal and long-term<br />

plan from the NCPA to self-regulate<br />

the industry it represents.<br />

options<br />

for busy<br />

schedule<br />

FACED with an increasingly<br />

complex and competitive<br />

business environment, it has<br />

never been more important<br />

for directors and senior executives<br />

to invest in professional<br />

development.<br />

However, those same pressures<br />

often make it difficult to<br />

fit learning into busy schedules.<br />

The Australian Institute of<br />

Company Directors<br />

helps to solve<br />

this problem by<br />

providing flexible<br />

learning options<br />

that suit the busy<br />

schedules of <strong>Tasmanian</strong><br />

directors,<br />

The Company<br />

Directors<br />

Course is now<br />

available in a<br />

variety of<br />

formats<br />

executives and<br />

business owners.<br />

Traditionally<br />

offered as an intensive<br />

five-day<br />

course in Hobart,<br />

the AICD’s Company<br />

Directors<br />

Course is now available in a<br />

variety of formats: five days<br />

intensive, one day per week<br />

over five weeks, five days<br />

over two weeks and the fiveday<br />

intensive in Launceston<br />

in January 2017.<br />

The Company Directors<br />

Course is designed to help<br />

develop the skills and knowledge<br />

of directors and senior<br />

executives, ensuring they<br />

understand key regulations<br />

and current good governance<br />

practices.<br />

Christine Edwards, former<br />

CEO of the Myer Foundation,<br />

a recent graduate of the<br />

Company Directors Course,<br />

said: “I wanted to understand<br />

governance through rigorous<br />

learning, and to do that<br />

through the AICD, given its<br />

high professional standing in<br />

this area.<br />

“The most outstanding benefits<br />

from the course were<br />

making the critical shift from<br />

executive leadership to directorship,<br />

and understanding the<br />

complex responsibilities<br />

of directors.”<br />

The flexibility<br />

of course formats<br />

proved invaluable<br />

for recent participant,<br />

Stephanie<br />

Van Brecht, Operations<br />

Manager<br />

of Eskleigh Foundation<br />

Inc.<br />

“Completing<br />

the course in the<br />

split format was<br />

fantastic. It allowed<br />

time, during the remainder<br />

of the week, to reflect<br />

on the course content as well<br />

as to catch up on work that<br />

had mounted up in your absence,”<br />

Ms Van Brecht said.<br />

“When you commence the<br />

second week you are fresh,<br />

ready and enthusiastic to<br />

jump back into it.<br />

“It was also very easy to<br />

manage and maintain family<br />

commitments with this format.<br />

If you get the option I<br />

would highly recommend this<br />

course and particularly the<br />

split format in which it can be<br />

delivered.”<br />

WANTED<br />

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

movers and<br />

shakers<br />

• Promotions<br />

• Appointments<br />

• Awards<br />

• Celebrating<br />

success<br />

Share the news<br />

with the<br />

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

business<br />

community<br />

Send your news<br />

snippets, with a<br />

high quality photo,<br />

to TBReditorial@<br />

fontpr.com.au


T A S M A N I A’ S L E A D I N G B U S I N E S S P U B L I C A T I O N . C I R C U L A T I O N 1 2 , 0 0 0 M O N T H LY<br />

10 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong><br />

APPOINTMENTS AND ANNOUNCEMENTS<br />

Baby steps<br />

modernise<br />

Parliament<br />

Chris Elliott Nic d’Emden Camille O’Meara<br />

Carolyn Ranson<br />

Finance duo<br />

promoted<br />

CROWE Horwath has<br />

appointed Chris Elliott<br />

as Managing Partner in<br />

their Launceston office.<br />

Chris is highly regarded<br />

in the financial<br />

services sector, having<br />

spent the past 30 years<br />

focussed on delivering<br />

expert wealth planning<br />

advice to assist his clients<br />

in achieving their<br />

lifestyle and financial<br />

aspirations.<br />

Crowe Horwath has<br />

also promoted Nic<br />

d’Emden as Associate<br />

Partner.<br />

In 2014, Nic was<br />

awarded the FPA Certified<br />

Financial Planner<br />

Professional of the Year<br />

Award for Tasmania.<br />

In 2012 and 2013 he<br />

was also named in the<br />

AFR Smart Investor<br />

Masterclass for Financial<br />

Planning, ranked in the<br />

top 10 financial advisers<br />

from around Australia.<br />

O’Meara joins<br />

CCF Board<br />

THE Civil Contractors<br />

Federation in Tasmania<br />

has welcomed Stornoway<br />

General Manager, <strong>Business</strong><br />

Services, Camille<br />

O’Meara, as their newest<br />

branch board member.<br />

Camille has a passionate<br />

interest in the civil<br />

construction industry,<br />

working in construction<br />

and manufacturing her<br />

entire career.<br />

This includes time<br />

with Shaw Contracting,<br />

Stornoway (twice<br />

in her career), 10 years<br />

in manufacturing with<br />

Cadbury and working<br />

as a consultant to the<br />

industry.<br />

“My passion for involvement<br />

in the CCF<br />

stems from a belief<br />

that I can contribute to<br />

assisting the industry<br />

in dealing with issues it<br />

faces, and be a positive<br />

advocate for our industry,”<br />

Camille said.<br />

Utas North<br />

appointment<br />

Thinking of selling or<br />

buying a business?<br />

Australia’s largest specialist<br />

business broker network is<br />

now in Tasmania.<br />

Call Dean Demeyer on<br />

0419 382 359 for a FREE, no<br />

obligation assessment<br />

of your business.<br />

THE University of Tasmania<br />

has appointed James<br />

McKee as director of<br />

the Northern Expansion<br />

Project.<br />

The project will<br />

deliver new inner-city<br />

university campuses in<br />

Launceston and Burnie,<br />

and a strengthened Australian<br />

Maritime College<br />

at its existing Newnham<br />

location.<br />

Mr McKee arrives in<br />

the role from the Office<br />

of the <strong>Tasmanian</strong> Co-ordinator<br />

General, key<br />

partners in the design and<br />

delivery of the Northern<br />

Expansion Project.<br />

“This truly is a<br />

once-in-a-generation opportunity<br />

for Launceston<br />

- it will fundamentally<br />

change the community<br />

and economy for the<br />

better,” Mr McKee said.<br />

“I’m very excited by the<br />

opportunity to be part of<br />

that.”<br />

Lawyer<br />

joins MyState<br />

SIBYLLE Krieger will<br />

join the board of MyState<br />

Limited.<br />

MyState Chairman<br />

Miles Hampton said Ms<br />

Krieger had 35 years of<br />

broad commercial experience<br />

as a lawyer, economic<br />

regulator and non-executive<br />

director.<br />

She was a partner in<br />

two large commercial law<br />

firms for 22 years.<br />

WANTED<br />

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

movers and<br />

shakers<br />

• Promotions<br />

• Appointments<br />

• Awards<br />

• Celebrating<br />

success<br />

Share the news<br />

with the<br />

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

business<br />

community<br />

New B&E<br />

retail role<br />

CAROLYN Ranson has<br />

joined B&E Personal<br />

Banking as Retail<br />

Manager for Northern<br />

Tasmania, bringing over<br />

27 years extensive retail<br />

banking experience to<br />

the role.<br />

Mrs Ranson will lead<br />

B&E’s regional retail<br />

team to deliver superior<br />

customer service,<br />

ensuring the home and<br />

personal finance and<br />

everyday transactional<br />

needs of <strong>Tasmanian</strong> customers<br />

are met. Most<br />

recently, Mrs Ranson<br />

was Service Quality<br />

Manager with ANZ.<br />

B&E Chief Executive<br />

Officer Paul Ranson<br />

said: “We have invested<br />

significant resources to<br />

review and improve our<br />

retail model over the last<br />

12 months and Carolyn’s<br />

role will be crucial<br />

support for this evolution<br />

and the company’s overall<br />

growth strategy.”<br />

Fastway gets<br />

local owners<br />

FASTWAY Couriers’<br />

Launceston franchise is<br />

under new management.<br />

Now locally owned<br />

and operated by new<br />

regional franchisees<br />

Tom Wendt and<br />

Rob Cadwallander,<br />

the Launceston team<br />

services the greater<br />

Launceston region,<br />

including Ulverstone,<br />

Devonport and Burnie.<br />

Fastway offers personalised<br />

courier delivery and<br />

pick-up services for large<br />

and small businesses.<br />

Fast firm<br />

recognised<br />

LAUNCESTON architecture<br />

and design firm S.<br />

Group has been listed at<br />

54th spot on the <strong>2016</strong><br />

Australian Financial<br />

Review’s Fast 100 list.<br />

The annual list recognises<br />

business across the<br />

country and is determined<br />

by the annual growth of<br />

each company over a fouryear<br />

period – S. Group’s<br />

growth listed as 61.3 per<br />

cent.<br />

S.Group is inolved<br />

with the 75-metre tall,<br />

20-storey, four-star hotel<br />

proposed for 2-6 Collins<br />

Street, Hobart.<br />

SOLUTIONS<br />

IN PRINT<br />

your print specialist for over 90 years<br />

Speaker Elise Archer<br />

CHANGES have been made to the House of<br />

Assembly Standing Orders in a move to modernise<br />

the Parliament.<br />

Tasmania’s first woman Speaker Elise Archer<br />

said she was proud have led the push to<br />

change rules dating back over a century that<br />

didn’t contemplate female members, which<br />

meant the House was strictly reserved for<br />

elected members only.<br />

This meant a nursing mother was unable<br />

to enter the chamber to vote or participate in<br />

debates at short notice without an accompanying<br />

infant being declared a “stranger in the<br />

House” and ordered to leave.<br />

More than 60 years after a woman MP<br />

was first elected to the House of Assembly in<br />

Tasmania, proposed changes to our House’s<br />

Standing Orders will remove this outdated<br />

categorisation for a child under 12 months of<br />

age, allowing a nursing mother to enter into<br />

and to participate in the proceedings of the<br />

House free from discrimination.<br />

Existing provisions still remain allowing<br />

the Speaker to maintain control over the<br />

Chamber at all times and the member also has<br />

the option of a “pair” to ensure they are not<br />

disadvantaged during a vote.<br />

A final recommendation being put forward<br />

is the automatic entitlement of a member<br />

to 12 weeks’ maternity leave without needing<br />

the formal consent of the House. Under<br />

current rules, members can be held guilty of<br />

contempt if they are absent for more than 14<br />

days without this consent.<br />

Woolston Printing - <strong>2016</strong> Christmas Ad - proof 2.pdf 1 18-11-<strong>2016</strong> 6:19 pm<br />

Extending a<br />

warm thanks to<br />

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

clients for their<br />

business during<br />

<strong>2016</strong>!<br />

Best wishes<br />

for 2017!<br />

www.finnbusinesssales.com.au<br />

Send your news<br />

snippets, with a<br />

high quality photo,<br />

to TBReditorial@<br />

fontpr.com.au<br />

sales@paperstat.com.au<br />

6391 8481<br />

www.woolstonprinting.com.au


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 11<br />

EVENTS NEWS<br />

EVENT:<br />

<strong>2016</strong> Innovative<br />

Tasmania Awards<br />

LOCATION:<br />

Wrest Point<br />

Casino Hobart<br />

DATE: Friday<br />

October 28, <strong>2016</strong>.<br />

ABOVE: Luke Scott, left, and Emma Price from the City of<br />

Launceston with Kim Evans from the Department of State Growth.<br />

ABOVE: Co-presenter of the Innovative Region Award, TCCI chair Susan<br />

Parr, left, Sue Sherriff of the Georgetown Chamber of Commerce and<br />

co-presenter Jen Newman of Regional Development Australia, Tasmania<br />

Committee.<br />

LEFT:<br />

Joris Roell of<br />

Linii Tasmania,<br />

left, with<br />

Rosanna<br />

Coombes of<br />

NRM North,<br />

presenter<br />

of the Innovative<br />

Environment<br />

Award.<br />

ABOVE: Martin Dingemanse of Mode Electrical, left, and Carol<br />

Harding of Australian Innovation Research Centre, presenter of<br />

the Innovative Service Award.<br />

LEFT:<br />

Dr Sukhwinder<br />

Singh Sohal,<br />

left, with<br />

Assistant<br />

Minister of Industry,<br />

Innovation and<br />

Science, Craig<br />

Laundy,<br />

presenter of the<br />

Innovative<br />

Science and<br />

Technology<br />

Award.<br />

ABOVE: Aksael Wachter of NANOPROTECH, left, with Ben<br />

Lovitt of Bellamy’s Organics, presenter of the Innovative<br />

Product Award.<br />

LEFT:<br />

Darren Cundy<br />

of UTAS,<br />

left, presenter<br />

of the Young<br />

Innovator of the<br />

Year with Jodie<br />

Snooks from<br />

the House of J.<br />

ABOVE: John Hislop, left, and Gilda Sorella from Deviant Distillery and<br />

Bill Woodworth of Bell Bay Aluminium, presenter of the<br />

Innovative Process Award.


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - DECEMBER <strong>2016</strong> 12<br />

PROPERTY MATTERS<br />

Tassie’s East Coast on the up<br />

Scott Newton<br />

Property Matters with<br />

Knight Frank<br />

Our column this month comes from Adele Plunkett<br />

and Leanne Dann with a rundown of the residential<br />

market conditions on the East Coast. If you have<br />

been considering a sea change or a weekend getaway,<br />

read on.<br />

THE 2015/<strong>2016</strong> financial year has<br />

seen great improvement in the real<br />

estate market on Tasmania’s central<br />

east coast, with property settlement<br />

numbers being the strongest since<br />

2009/10.<br />

Contributing factors for this have<br />

been low interest rates, improved<br />

confidence levels in the state economy,<br />

and the tourism marketing of<br />

the Great Eastern Drive Tasman<br />

Highway.<br />

Days on market have decreased<br />

and a sure sign that the market is<br />

turning is multiple offers occurring<br />

on a regular basis.<br />

Most local businesses reported<br />

great trading for 2015 and are now<br />

indicating <strong>2016</strong> YTD has been even<br />

better.<br />

The majority of property sales in<br />

the last few years have been to re-<br />

Coles Bay is the ideal place for a sea change.<br />

tirees and those wanting a second<br />

home holiday property to utilise<br />

now, with the aim of retirement in<br />

due course.<br />

Over the last 12 months we have<br />

noticed a new enquiry base, investors<br />

looking for houses with potential<br />

for holiday letting.<br />

Astute owners and good marketing<br />

can generate excellent rental returns<br />

with the bonus of being able<br />

to have a holiday home which pays<br />

for itself and some personal use<br />

when time allows.<br />

Expat <strong>Tasmanian</strong>s are also keen<br />

to own their little piece of the state<br />

again, most appreciating the beauty<br />

of our coast and value for money<br />

compared with interstate and international<br />

markets.<br />

The temperate climate and beautiful<br />

scenery of the East Coast offers<br />

a great lifestyle, which is continually<br />

being improved with better<br />

services for residents.<br />

Health services are well provided<br />

for through May Shaw Health Centre<br />

located in Swansea and local GP<br />

and paramedic services in other locations.<br />

As well as providing an excellent<br />

aged care facility, May Shaw have<br />

a number of specialists visiting on a<br />

regular basis providing regular access<br />

for coastal residents.<br />

Fast growing visitor numbers to<br />

the East Coast have underpinned the<br />

confidence of many local businesses.<br />

Beautiful national parks, unspoilt<br />

coastal waterways and beaches together<br />

with our excellent vineyards<br />

and local seafood are major draw<br />

cards for our growing economy.<br />

Active coastal communities also<br />

offer a variety of cultural activities<br />

including the arts and music, theatre<br />

groups and a range of sporting clubs<br />

including fishing, golf and bowls or<br />

for those wanting a quiet peaceful<br />

lifestyle - magnificent nature walks<br />

in three national parks within easy<br />

reach.<br />

Residential subdivisions are back<br />

in focus with several to enter into<br />

the market in early 2017.<br />

The 2015 change to the <strong>Tasmanian</strong><br />

Interim Planning Scheme has<br />

The temperate<br />

climate and<br />

beautiful scenery<br />

of the East Coast<br />

offers a great<br />

lifestyle, which is<br />

continually being<br />

improved with<br />

better services for<br />

residents.<br />

allowed many to take up the option<br />

to subdivide their small acreages<br />

with the minimum area changing<br />

from 2ha to 1ha.<br />

This in turn has created more activity<br />

for tradespeople both locally<br />

and statewide with building applications<br />

on the increase.<br />

A great positive vibe is alive and<br />

well on our Central East Coast at<br />

present. Mariners, fish farms, subdivisions<br />

and golf courses have all<br />

been mentioned in the headlines and<br />

even if just a few of those mentioned<br />

go ahead, this will add to confidence<br />

and property value on the coast.<br />

We are booming and open for<br />

business.<br />

PROPERTY VIEW<br />

DECEMBER <strong>2016</strong><br />

For sale or lease by Expressions of Interest<br />

CENTRAL BUSINESS DISTRICT<br />

168 Collins Street, Hobart<br />

Knight Frank is pleased to present this<br />

exceptional property to the market. Features<br />

include:<br />

• Central CBD position<br />

• Attractive fit-out to remain<br />

• Outstanding street presence<br />

• 9 secure undercover parking spaces<br />

• Leaseback until 1 July 2017<br />

• NLA: 836sqm (approx)<br />

• Land area: 379sqm (approx)<br />

For sale by Expressions of Interest<br />

LANDMARK RETAIL OFFERING<br />

10 Derwent Park Road, Derwent Park<br />

• Rare opportunity to acquire a landmark<br />

property of substantial proportions within<br />

Hobart’s preferred showroom precinct<br />

• Retail warehouse complex with a gross<br />

building area of 5,290sqm (approx) and<br />

100 (approx) customer car parks; large yard/<br />

hardstand to the rear; zoned ‘Commercial’<br />

• Includes 7 Linear Court, Derwent Park:<br />

land area of 1,503sqm (approx); zoned<br />

‘General Industrial’; improved with concrete<br />

hardstand<br />

Scott Newton: 0409 186 261<br />

Hayden Peck: 0412 766 395<br />

View at Knightfrank.com.au/3306446<br />

For sale by Expressions of Interest<br />

SIGNIFICANT OFFICE INVESTMENT<br />

162 Macquarie Street, Hobart<br />

• Offered for sale in one line are all 6 strata<br />

titles in this quality office building, set over 5<br />

levels plus basement car park for 34 cars<br />

• Outstanding location within Hobart’s<br />

traditional Macquarie Street office precinct;<br />

Salamanca & Parliamentary Precinct nearby<br />

• NLA: 3,443sqm (approx); total strata area:<br />

4,381sqm (approx); zoned ‘Central <strong>Business</strong>’<br />

• 96% of tenancies leased with estimated net<br />

income of $671,025<br />

Scott Newton: 0409 186 261<br />

Richard Steedman: 0408 559 046<br />

View at Knightfrank.com.au/3290876<br />

For sale from high $400,000s to early $700,000s<br />

‘WATERmarque’<br />

38 Waterworks Road, Dynnyrne<br />

The WATERmarque residential development<br />

presents a rare opportunity to purchase a<br />

brand new home in sought-after Dynnyrne.<br />

• Architecturally-designed 2 and 3 bedroom<br />

townhouses<br />

• Style and comfort in a peaceful setting<br />

• Professionally styled interiors<br />

• Contemporary open plan living.<br />

• Secure double garage<br />

• Go to www.watermarquetas.com.au to<br />

register your interest<br />

Matthew Wright: 0458 290 588<br />

Richard Steedman: 0408 559 046<br />

View at Knightfrank.com.au/3291202<br />

Pam Corkhill: 0419 103 867<br />

Anne Boman: 0409 571 542<br />

View at Knightfrank.com.au/HBT160444<br />

KnightFrank.com.au PH: 03 6220 6999 5 Victoria Street, Hobart

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