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Tasmanian Business Reporter February 2017

In the February Tasmanian Business Reporter we take a look at the millennial influence on Tasmanian business, with new technology and ecommerce trends set to reshape the economy.   You’ll also find exciting news of Stornaway and TasTafe’s new youth employment initiative, along with the master plan set to transform the Burnie Town Centre and the positive outlook for Hobart’s property and retail market.

Tasmanian Business Reporter February

FEBRUARY 2017 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 $6m waste plant keeps Tassie clean and green Millennials reshaping enterprises In a positive sign for Tasmania’s economy, construction in under way of the $6m Copping C cell. Once completed in July 2018, local companies will be able to appropriately dispose of their contaminated waste, helping keep Tasmania clean and green. RISKY BUSINESS? By Stuart Roberts MILLENNIALS are set to reshape the way Tasmanian small-to-medium sized enterprises operate. Equipped with the latest in e-commerce and business intelligence technology, millennials are defined as those aged in their 30s and below. They’re recognised as the largest group in the workforce, often characterised by their tendency to work smarter, not harder. For Tasmanian businesses looking to recruit millennial expertise there may be no better time than now, with recent surveys recognising the state as Australia’s most popular destination for millennials. In a survey conducted by online food and popular culture magazine The Urban List, just under 14,000 respondents aged 18-34 indicated Tasmania sat at the top of their travel list. With attraction growing by way of our thriving arts, dining and tourism offerings, millennials are not only visiting, they are often opting to stay, with the For ... businesses looking to recruit millennial expertise there may be no better time than now average cost of living at a fraction of our major cities. In contrast to ongoing fears surrounding the state’s ageing population, the exciting influx of youth predicted for 2017 has the opportunity to bring Tasmanian businesses in line with business technology leaders overseas and interstate. ANZ travel and expense management technology provider, Concur, said advanced technology once reserved for large-budget companies, was now being implemented with great efficiency by millennials at a fraction of its former cost. ANZ managing director, Concur, Matt Goss urges businesses to take advantage of the opportunity. “The use of mobile expense management systems can save businesses time on administrative processes and also help reimburse employees faster, especially if they work offsite,” said Mr Goss. “Employees simply snap a photo of their receipt and submit it to a system that processes the expense claim Continued page 2 Do you know if you’re at risk? When you run a business, you have enough to worry about. Let Workplace Assured help you find out. We’ll handle the workplace relations risks so you can focus on the day-to-day. Workplace issues are on the rise, nearly 18,000 claims were recorded in the Fair Work Commission last year. Relax and enjoy your business knowing the ‘What if’ is taken care of. Your fixed fee purchases something priceless – complete peace of mind. Like what you’re hearing? Get a free quote today: Call 1300 575 394 Email info@workplaceassured.com.au Visit workplaceassured.com.au Workplace Assured includes complimentary membership to the TCCI. Workplace Assured is proudly brought to you by NSW Business Chamber