In the March Tasmanian Business Reporter we look at the impact of reduced penalty rates for Tasmanian business, welcome the introduction of the new Statewide Planning Scheme and reveal the latest graduates from the 2016 Tasmanian Leaders Program.
You’ll also find news of our outstanding results in the Australian Tourism Awards and the new PhD project designed to further our expertise and understanding of local tourism.
MARCH 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
Movement on the mountain
The State Government has announced plans
to acquire land to facilitate the development
of the Mt Wellington Cable Car - a $54 million
project the tourism industry has been actively
seeking.
More: tasmanianbusinessreporter.net.au
An artist’s computer generated image of the Hobart city view from the pinnacle of Mt Wellington along the span showing one of the two proposed aerial trams rising towards
Pinnacle Road after gliding above the Myrtle Gully canopy.
Courtesy: Mt Wellington Cable Car Company
Penalty cut
a big boost
to business
Wednesday
By TOM O’MEARA
A REDUCTION of Sunday and
public holiday penalty rates is expected
to boost the number of Tasmanian
jobs.
Despite criticism from unions,
workers and the ALP, the Fair
Work Commission’s decision,
is supported by the Tasmanian
Chamber of Commerce and Industry,
which expects to see a significant
increase in Sunday trading.
“The message we have consistently
heard from business around
the state is that they are unable to
open on Sundays due to high penalty
rates,” TCCI CEO Michael
Bailey said.
“The Fair Work Commission
recognises that we live in a modern
society – very different to 50
years ago.
“It will help build employment
among those that need it most because
more businesses will be able
to afford to open.”
Australian Retailers Association
Executive Director Russell
Zimmerman said the decision was
an incredible outcome for Australian
retailers as it would sustain
growth in the retail industry and
increase employment rates.
“It will provide more job opportunities
for young workers seeking
additional hours and more hours at
the weekend,” he said.
Under the changes, hospitality
employees’ Sunday pay will
change from 175 per cent to 150
per cent, while casual hospitality
workers’ pay will remain unchanged.
Full- and part-time retail Sunday
penalty rates will drop from
200 per cent to 150 per cent, while
casuals will go from 200 per cent
to 175 per cent.
For fast-food workers, Sunday
pay for full and part-time workers
will be cut from 150 per cent
to 125 per cent, and from 175 per
cent to 150 per cent for casuals.
In the pharmacy industry, the
pay rate for full and part-time
Continued Page 2
BOOK NOW
www.tcci.com.au
AUSTRALIAN
BUSINESS
LEADERS’
DINNER
5 April 2017
at
MONA
2 Tasmanian Business Reporter - MARCH 2017
NEWS
Disability no barrier to gainful employment
FINDING staff who are
reliable, loyal and punctual
can sometimes feel
like looking for a needle
in a haystack.
In a challenging labour
market, one initiative is
helping to change that.
JobsABILITY assists
businesses to secure
work-ready staff.
Supported by the Tasmanian
Chamber of
Commerce and Industry,
the Tasmanian Hospitality
Association, Tourism
Industry Council Tasmania,
TasICT and the Tasmanian
Small Business
Council, the JobsABIL-
ITY initiative aims to
increase the number of
people with disability in
employment.
Increasing labour market
participation rates for
people with a disability
realises real benefits for
people with a disability,
their employers and the
Tasmanian economy.
Abour 25 per cent of
Tasmanians have a disability.
It is from this community
that businesses draw
their employees, customers
and business partners.
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
JobsABILITY offers
great benefits for employers
and businesses
including:
• loyal, productive
staff who take less sick
leave and are less likely
to injure themselves in
the workplace;
• qualified staff - 45
per cent of employed
people with disability
work in professional and
managerial roles;
• staff who are solution-focused.
People with
disability generally possess
high problem-solving
skills through creatively
rethinking how
to manage difficult situations;
and .
• a range of financial
and material support provided
to employers in
many instances.
To find innovative,
loyal, work-ready staff
go to www.jobsABILI-
TY.org.au or phone the
JobsABILITY Project
Officer on 03 6212 7306
to discuss recruitment
needs.
For an extended story
on JobsABILITY
and details of some
success stories, visit
www.tasmanianbusinessreporter.com.au
e dition
Tasmanian Business Reporter can now be delivered directly to your inbox. With our 30,000-strong monthly print
readership, our new up-to-date digital distribution will keep Tasmanians abreast of the all latest in local business
news. From this month we will distribute electronic editions of the Tasmanian Business Reporter as we go to print.
To confirm your copy sign up to our mailing list via
tbreditorial@fontpr.com.au
Tasmania’s business newspaper is published
monthly by the Tasmanian Chamber of Commerce
and Industry. It is distributed to businesses in
Tasmania as well as key decision-makers.
Circulation: 12,000
Managing Editor: Tom O’Meara
Ph: 0418 135 822
Editor: Becher Townshend
Ph: 0418 370 661
Special Projects: Gil Sellars
Ph: 0448 901 371
gil@thetrustedmediaco.com.au
Advertising: 0401 252 586
www.tasmanianbusinessreporter.com.au
Editorial & Advertising email:
TBReditorial@fontpr.com.au
Publisher:
Tasmanian Chamber of Commerce and Industry
309 Liverpool St, Hobart, TAS 7000
Ph: 6236 3600 Fax: 6231 1278 admin@tcci.com.au
TFGA House, 194-196 Cimitiere St, Launceston TAS 7250
Ph: 6331 1144 laun@tcci.com.au
Production:
aldridge.media
Ph: 0431 241 775
aldridge.media@iinet.net.au
Printer: The Mercury
Level 1, 2 Salamanca Square, Hobart, 7000
Business leaders
taste island state
BY KRISTEN
FINNIGAN
A SHOWCASE of Tasmanian
business and
a headline dinner at
MONA will welcome
Australian business leaders
when they meet in
Hobart next month.
The Australian Chamber
of Commerce and Industry
Business Leaders’
Conference will bring
together management
from Australia-wide
chambers for two days of
discussion with high profile
Tasmanian business
leaders and members of
parliament.
“We are extremely
excited to welcome the
chambers to Hobart,”
TCCI CEO Michael Bailey
said.
“It is a perfect opportunity
for Tasmanian
business to meet with,
and lobby, other national
chambers.
“It will be a great
chance for TCCI to
showcase Tasmania to a
national audience,” he
said.
On offer during the
conference will be two
Business welcomes
cut in penalty rates
From Page 1
employees will reduce
to 150 per cent from 200
per cent and to 175 per
cent for casuals.
An average casually-employed
retail sales
assistant would lose up to
$40 a shift for a full days’
work on a Sunday under
the changes.
The TCCI has been arguing
for a reduction in
pay rates for many years.
“This is the outcome
of an independent review
that determined penalties
legislated in 2013 were
out of whack.”
Mr Bailey said the
minimum wage would
not be impacted by the
decision.
Fair Work is an independent
commission designed
to remove wage
decisions from being political.
The minimum wage
($17.70/hour) is the lowest
wage that is legally
allowed to be paid for a
full-time adult.
“Last year the minimum
wage was increased
– by much more than the
growth in the Tasmanian
economy.
“Business accepted
this decision and got on
with it.
events – a breakfast
on the Thursday and
an exclusive dinner on
Wednesday night, to be
held at MONA.
The dinner will start
with a journey on the
MONA Roma ferry
from Hobart to MONA,
followed by a cocktail
reception at the Turrell
space, a tour of MONA,
and culminating with
a spectacular dinner in
the Nolan Gallery, before
returning to Hobart
on the MR-1.
“Hobart offers an interesting
and exciting
Launching
JobsABILITY
are MLC Josh
Willie, left,
Stephen Long
from the
Tasmanian
Hospitality
Association,
MHA Jacquie
Petrusma, Ross
Kent from the
Tasmanian
Hospitality
Association
and NDS
State Manager
David
Clements.
opportunity for Australian
Chamber delegates
to experience the beauty
of Tasmania,” said Australian
Chamber CEO
James Pearson.
“I look forward to
the opportunity to meet
with members of the
TCCI during our stay,”
he said. .
Bookings and
further
information can be
found at
www.tcci.com.au
or by contacting
events@tcci.com.au
Tasmanian Business Reporter - MARCH 2017 3
NEWS
Best and brightest pass test
TASMANIA’S brightest
leaders have graduated
from the 2016 Tasmanian
Leaders Program.
Twenty four participants
have spent 11
months exploring Tasmania’s
key challenges
and opportunities in areas
such as community,
business, economics
and government through
seminars, case studies,
field trips and retreats.
Often described as a
life-changing journey,
the program enhances
each participant’s leadership
capacity, while
prompting them to develop
a vision for Tasmania’s
future.
The graduating group
will expand the Tasmanian
Leaders Program
Alumni to 224.
Tasmanian Leaders
chair Ginna Webster
said the diverse group
of graduates would add
to the program’s talented
and passionate alumni
who were actively contributing
to leadership in
the community.
“We are looking forward
to what these enthusiastic
and inspirational
group of leaders do
next to make Tasmania a
better place,” Ms Webster
said.
Graduates are:
Robin Barnes, Lecturer,
Access and Social Inclusion
University of Tasmania.
Louise Bishop, Manager -
Tasmania, Zinfra.
Donna Brown, Manager,
Environment, Health and
Safety, Hydro Tasmania.
Shuhong Chai, Associate
Dean, Learning & Teaching,
University of Tasmania
- Australian Maritime
College.
Daryl Connelly, Executive
Officer, Cradle Coast
Innovation.
Michael Giudici, Surveyor
General, Land Tasmania.
Chris Griffin, CEO, Tourism
Northern Tasmania.
Daniel Hackett, founder,
RiverFly 1864.
Jeff Harper, Regional
Chief, Tasmania Fire
Service.
Theresa Hay, Acting Director
Science Program
- Land Defence Science &
Technology Group
Prue Horne, On a gap
year and discovering her
next step.
Kacee Johnstone, Communications
Advisor – Strategic
Projects,
Department of Health and
Human Resources.
Fiona Kerslake, Research
Fellow, Tasmanian Institute
of Agriculture, University of
Tasmania.
Stuart Loone, General
Manager, Spring Bay Mill
(Triabunna Investments
Pty Ltd).
Susan McLeod, Senior
Environmental Consultant,
GHD Pty Ltd
Alexandra Mitchell, policy
analyst, AgriGrowth Tasmania,
Department of Primary
Industries, Parks, Water
and Environment.
Leigh Oswin, Change
Manager, Ashley Youth
Detention Centre.
Monica Plunkett, Owner/
Creative Director, Halibut
Creative.
David Pyefinch, Director,
Madfinch Pty Ltd.
Malcolm Reeve, General
Manager, Ochre Recruitment
Pty Ltd.
Kieran Rimmelzwaan,
Project Manager/Estimator,
Vos Construction and Joinery
Pty Ltd.
Lance Stapleton, Department
Manager, TasWater.
Amanda French (Street),
Senior Project and Research
Officer
Relationships Australia,
Tasmania
Ursula Taylor, Communications
Officer, Derwent
Estuary Program and Cradle
Coast NRM.
The group of graduates of the 2016 Tasmanian Leaders Program.
Waterfront project at centre of tourism study
THE University of Tasmania
and Federal Group
will jointly fund a PhD
project designed to better
understand Tasmania’s
tourist offering, using
the yet-to-be-opened
MACQ01 on the Hobart
waterfront as a case
study.
Tasmanian School of
Business and Economics
Chief Project Investigator
Dr Kim Lehman said
the project was an opportunity
for the successful
PhD candidate to be embedded
in the new hotel
from before its opening,
to understand what is important
to tourists visiting
the state.
Areas of focus include
the interpretation of cultural
heritage, service
quality, sense of place
and the localisation of
food and beverages.
Deputy Vice-Chancellor
(Research) Professor
Brigid Heywood said
the project was a major
build on existing tourism
‘big data’ expertise and
technology in Tasmania,
and would provide the
tourism industry with
valuable qualitative and
quantitative data to support
their operations.
“The University of
Tasmania is well renowned
for conducting
research with real-world
applications, and our island
state is the perfect
place to explore a new
tourism offering such
MACQ01,” Professor
Heywood said.
“This is a significant
opportunity for a candidate
to undertake original
research in an area of
international importance,
and to help us better understand
an industry
worth $2 billion in visitor
spend each year.
“The project also allows
us to establish a collaborative
relationship
with a significant industry
partner, and we will
work together with the
Federal Group to continue
to contribute to the
development of cultural
capital on our island.”
Federal Group Executive
General Manager
Corporate Affairs,
Dr Daniel Hanna, said
the business would gain
unique insights from the
research, which would
also assist other tourism
businesses in Tasmania.
“Tourism is a critical
industry sector now and
into the future, and industry-focused
research
projects such as this will
have the potential to help
the industry better understand
the innovations
that resonate with our
visitors,” Dr Hanna said.
State steals tourism’s gala show
TASMANIA has again stolen the
show at the Australian Tourism
Awards, winning more medals than
any other state.
The gold medal winners at the
awards, held in Darwin on Friday,
February 24 were:
The Tasmanian Walking Company,
Ecotourism;
RiverFly 1864, Specialised Tourism
Services;
The Old Woolstore Apartment
Hotel, Business Event Venue (and inducted
into the Hall of Fame);
Saffire Freycinet, Luxury Accommodation;
and
Three Capes Track, Gustav Award
for New Tourism.
The Government has praised the
industry for its success, saying
it demonstrated Tasmania’s strength
in eco-tourism to prove that the state
can balance the protection of natural
areas with a growing tourism industry.
Winners are grinners: Premier Will Hodgman with the
state’s tourism shining stars after dominating
the national awards again.
Chief project investigator Dr Kim Lehman, left, Federal Group executive
general manager corporate affairs Dr Daniel Hanna and deputy
vice-chancellor (research) Brigid Heywood outside the MACQ01 development
on the Hobart waterfront.
4 Tasmanian Business Reporter - MARCH 2017
THOUGHT LEADERSHIP
www.tcci.com.au
Bring on a new planning scheme
Michael
Bailey
TCCI Chief Executive
LAUNCESTON has
been crying out for projects
to stimulate the
economy and provide
jobs – to give locals
something to be positive
about for the future of
their children.
The proposed $20
million redevelopment
of Launceston’s iconic
eyesore, the derelict CH
Smith building, is one of
those shots in the arm.
We were thrilled with
the news that a private
developer with a great
track record, Errol Stewart,
was willing to invest
more money into the city
by finally doing something
with the key site.
Along with project
partner Artas, the proposal
would utilise the
facade and other useable
components of the ruin,
with the addition of modern
buildings.
The Launceston City
Council was on board
with a contribution to
pay for much needed
parking, funded through
the State Government’s
Northern Economic
Stimulus Package.
The Heritage Council
gave it the tick of approval
to the delight of
the community at large.
Unlike proponents of
the past who have shouted
grandiose designs for
the site without following
through, Mr Stewart
was walking the walk
quite soon after talking
the talk.
He immediately started
spending money on
the site, cleaning it up
and ordering dozens of
timber piles to stabilise
the new buildings.
But, he was hit by a
hurdle at the last minute.
The cynics among us
aren’t surprised.
At the eleventh hour
– literally the last day
allowed – the Heritage
Preservation Society
Tasmania lodged an appeal
against the proposal
with the Resource Management
and Planning
Appeal Tribunal.
The very grand sounding
“Heritage Protection
Society of Tasmania” appears
to be nothing more
than a handful of retired,
or soon to be retired,
Launceston people
Its aim is “promoting
An artist’s impression of the proposed CH Smith development in Launceston shows old and new.
and ensuring the preservation
and maintenance
for the public benefit,
of places and objects of
beauty or having an historical,
scientific, artistic
or architectural interest
knowledge of, interest
in, and respect for those
places and objects; and
the provision and maintenance
of activities and
services to facilitate their
enjoyment by the public.”
Despite great work by
Artas to develop a concept
that retains and celebrates
the best parts of
the site’s heritage values
- the society wouldn’t
compromise.
It has after all, to the
best of my knowledge,
appealed every proposal
for this site over the last
20 years.
It wants the developers
to adhere to all previous
permits imposed on the
site relating to different
proposals - preventing
some of the most dilapidated
buildings from
being removed - therefor
making any new project
cost prohibitive.
How ridiculous. There
is no public benefit or
enjoyment in having this
project stymied. What
value is there in allowing
this site to sit unused and
further stagnate?
The RMPAT Appeal
would not be heard for
months - I’ve heard different
reports of between
six and eight months.
The cost of having a
project sitting in limbo,
and the uncertainty of
what the RMPAT judges
would rule, was too
much for Mr Stewart to
swallow.
He has sat down with
Mr Morrell and they
have agreed to add a new
condition to the Devel-
opment Application to
allow the project to proceed
with the support of
the HSPT. As we go to
print, the details haven’t
been released publicly.
While the outcome is
positive, it’s more a reflection
on Mr Stewart’s
business acumen and
civil leadership than anything
else - the whole situation
is a stark reminder
of why planning reform
in Tasmania must be
completed, and completed
quickly.
Changes to the third
party appeal provisions
need to be made.
Along with CH Smith,
here are two examples of
how challenging and out
of touch the current system
is;
• A local retailer had
a development held up
because of one retired
librarian from a suburb
across the other side of
the city. She appealed
arguing that an old,
non-listed house that
needed to be demolished
on site should be saved
because a goshawk was
nesting in the chimney.
This person actually confessed
at the hearing that
she only did these sort of
things to keep her mind
working - it cost the retailer
$250,000.
• Then there’s the factory
development that
was delayed because of
two people from a suburb
way across the river
argued that there was a
potential noise issue. It
almost bankrupted the
business.
Of course there needs
to be an avenue of appeal
for the general public
when something is absolutely
not in the best
interest of the public and
place.
But there has to be
common-sense.
Here’s also hoping that
this is the final time that
this can happen in our
state.
Bring on the new
planning scheme, fast.
Business needs to live by Quick Response code
THE Quick Response
Code – known as the QR
Code – is increasingly
being used in international
marketing as it
gives instant access to a
business’s website from
a smartphone, without
having to separately access
a web browser.
The mobile user can
access a QR Code reader
app on their phone and
scan the code, or use the
built in QR reader in the
Sally
Chandler
Tradestart Adviser
WeChat app. It is very
fast, simple and catches
the user’s immediate attention
with no delay.
Having an optimised,
mobile-friendly website,
allows the user to then
research the business in
detail and obtain information
on the product offering,
certification and
in Tasmania’s case, provenance.
QR Codes are
being used for marketing
on business cards, product
labelling, brochures,
supermarket shelves,
newspaper and magazine
advertising and billboard
style advertising such as
on illuminated signs and
train station walls in international
markets.
The WeChat messaging
app, which has an
inbuilt QR Code reader,
is used throughout Asia
but is extremely popular
in China where it has
around 600 million users
– half the population.
Use of the WeChat
app accounts for more
than half the time Chinese
mobile users spend
online and 55 per cent of
users access it more than
10 times a day. It is extremely
powerful and is
used for messaging, videos,
voice calls and payments.
So when considering
promotion for export it is
Congratulations to
Michael Warren
vitally important to keep
in mind that your website
is now more frequently
being accessed by mobile
users rather than PC
users.
It must be mobile-friendly,
well-designed
so it can be easily
navigated, and it should
contain appropriate
translations for relevant
international markets.
Additionally, all marketing
material including
At a recent awards night Michael was again accepted into the Mercedes-Benz Star Guild for an amazing
fifth time, an award that only sees three sales people across rural dealerships nationally accepted.
He also received national Rural Sales Consultant of the Year for both New and Pre-Owned Vehicles,
an award that’s never been accepted by the same person in the same year.
business cards must contain
a QR Code.
QR codes can be created
online free of charge
or with the help of marketing
professionals.
For international
trade and investment
assistance contact
the TCCI’s Trade-
Start adviser, Sally
Chandler, at sally.
chandler@tcci.com.
au or 1300 559 122.
37 - 41 St. John Street, Launceston Phone 6334 8444. After hours: Michael Warren 0437 661 050 LMCT 3117
zest. 2466_TG
2466 Buckby Mercedes-Benz Michael Warren Business Reporter 90 x 260mm (LHP).indd 1 23/02/2017 2:24:35 PM
Tasmanian Business Reporter - MARCH 2017 5
THOUGHT LEADERSHIP
www.tcci.com.au
Registering
workplace
asbestos
Full steam ahead for
Tasmanian shippers
By CRAIG
HORTLE
THE Workplace Health
and Safety regulations
state that a person with
management or control
of a workplace must ensure
that an asbestos register
is prepared and kept
at the workplace.
This clearly states that
if you are in control of a
workplace – if you own
the building or not – you
are required to have an
up-to-date asbestos register.
How can you comply?
The regulations go on to
explain that a competent
person needs to inspect
the workplace to identify
asbestos material.
A competent person is
an individual who has the
experience or qualifications
to identify asbestos.
The best place to find
a competent person is on
the Worksafe Tas website.
Click on, “Safety”,
then “Safety Subjects”,
then “Asbestos”, and you
will find a list of asbestos
assessors and removalists
who would be regarded
as competent people to
identify asbestos.
When the asbestos is
identified it is not necessary
to remove it.
If the asbestos is intact
and not degrading you
can leave it in place.
The purpose of the
register is identify its location,
and if any work
is to be carried in that
area then it should be removed
by a licenced removalist.
The register should
contain the following:
• record any asbestos
or asbestos containing
material (ACM) identified
at the workplace under
regulation;
• the date on which the
asbestos or ACM was
identified; and
• the location, type and
condition of the asbestos
or ACM; or
• state that no asbestos
or ACM is identified at
the workplace if the person
knows that no asbestos
or ACM is identified,
or is likely to be present
from time to time, at the
workplace.
If the building was
constructed after December
31, 2003, it is
unlikely that asbestos
containing material was
used in the construction
therefore a register is not
required.
The register should be
provided to the following:
• a worker who has
carried out, carries out or
intends to carry out work
at the workplace;
• health and safety representatives
who represent
workers that carry
out or intend to carry out
work at the workplace;
• a person conducting
a business or undertaking
who has carried out,
carries out or intends to
carry out work at the
workplace, and;
• a person conducting
a business or undertaking
who has required,
requires or intends to
require work to be carried
out at the workplace.
More information can
be found in the code of
practice “How to Manage
and Control Asbestos
in the Workplace”.
For information
on how to achieve
this please contact
Craig Hortle or
Janelle Whitehouse
at the TCCI on 1300
559 122. For more
information contact
safety@TCCI.com.au
Travis Brooks-Garrett of Freight and Trade Alliance addressing the packed forum at the Australian Maritime College.
Brett
Charlton
Agility Logistics
THE Tasmanian shippers
forum held last
month at the Australian
Maritime College sold
out within the first two
weeks that it was announced
and had a waiting
list of over 40 people.
The co-branded event
hosted by the Freight
and Trade Alliance, the
Tasmanian Logistics
Committee, DP World
Australia and the Australian
Maritime College
was attended by 120
people.
Shippers and service
providers were educated
with presentations from
Brendan Bourke (CEO
Port of Melbourne),
Paul Weedon (CEO
TasPorts), Dr Oanh
Nguyen (MLM - Australian
Maritime College),
Vlad Jotic, Senior
(Manager Commercial,
New Ports and Landside
– DP World), Steve
Farquer (General Manager
Tasmania - Qantas),
Tom Holyman (General
Manager Trade – ANL),
Brandon Vermaak, (International
Trade – Commonwealth
Bank of Australia),
Marcus James
(General Manager – Department
of Infrastructure
and Regional Development),
Ann Johannsen
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(Cluster Trade Manager
– Australia), Travis
Brooks-Garrett (Freight
and Trade Alliance and
Australian Peak Shippers
Association .... and me.
I have had the opportunity
to speak to attendees
at the forum and, without
exception, all stated that
the presentations were
outstanding, the content
was interesting, the
speakers engaging and
the master of ceremonies
good looking.
The take home message
of the day was that
Tasmania is currently
sitting in the sweet spot
when it comes to services
for Tasmanian shippers –
with an increase in capacity
across Bass Strait,
three of the largest shipping
lines competing for
Tasmanian international
trade shipping – two of
which are calling direct
into Tasmania, and a
freighter aircraft service
to China from Hobart –
Tasmanians have never
had it as good for choice
and competition.
A word of warning
resonated however that
the current volumes from
Tasmania cannot sustain
all the current services
in the trade and at some
point adjustments would
need to be made (unless
of course Tasmanian
businesses can raise
production and output to
meet the new found capacity).
With such an excellent
attendance and
interest, FTA and the
Tasmanian Logistics
Committee will certainly
be looking to make
this an annual event.
As you read this
edition I am currently
travelling Asia with
the Trade Delegation
as well as some other
stops along the way.
One of the areas
I am exploring is the
ever evolving e-commerce
markets in China.
I look forward to
writing about this in the
next article.
37 - 41 St. John Street, Launceston Phone 6334 8444. After hours: Michael Warren 0437 661 050 LMCT 3117
zest. 2466_TG
2466 Buckby Mercedes-Benz A-Class Business Reporter 90 x 260mm (RHP).indd 1 23/02/2017 2:28:22 PM
6 Tasmanian Business Reporter - MARCH 2017
THOUGHT LEADERSHIP
Meet challenge of sale
when profits declining
Dean
Demeyer
Business Broker
THE problem with selling your
business while it is on a decline
may be obvious from the outside,
but for many hard working business
owners, the problems are often
quite hard to accept or even see.
In simple terms, it is difficult to
price the business on historical data
because the trend indicates that
those profits are diminishing.
So, what are your options?
The first option is to accept reality
and price the business on the
most recent year’s profits, or lower.
Emotional
This is often a hard decision to
execute given the emotional attachment
owners have with their business,
but in order to attract a buyer
it may be the only viable course of
action.
The second option is to continue
running the business until you can
demonstrate that that business performance
is picking up or levelling
out.
Though this course of action
may mean a few more years in the
business, a consistent and steadily
performing business is significantly
more likely to sell than a declining
business.
Dividends
If you are selling a business in
this state you cannot relax while
the business is on the market
It may not be a quick sale, but
given the strength of selling businesses
with consistent revenues and
profits, it will pay dividends in the
long run.
Marathon
The last 100 metres in a marathon
can often be the most important.
So, if you are thinking of selling
you shouldn’t wait until your
business is in decline, in a state that
is the least appealing to buyers, before
you decide to “cash in”.
Neverthless, buyers are prepared
to pay a lot more for increasing
profits.
This is John; he is an employer in the
Construction Industry.
John employs single contractors.
John registers his contractors with
TasBuild, it’s the law.
JOHN IS SMART.
THE Hodgman Government
is committed to
assisting small businesses
to start, expand and
reach their full potential,
creating value and new
jobs in Tasmania.
Recent surveys show
continuing positive
trends in both business
and consumer confidence,
with sustained
growth in retail turnover,
exports and strong
support for the state’s
business policies.
Unemployment is also
down – close to the national
average for the
first time in years – but
there is still a lot of work
to be done.
That is why we remain
focussed on jobs and the
www.tcci.com.au
Small business a
jobs growth path
Recent surveys show
continuing positive
trends in both business
and consumer
confidence
businesses that create
them.
There has never been
a better time to start or
grow businesses in Tasmania
and the Hodgman
Government is supporting
them with a new Enterprise
Centre Tasmania
(ECT) Program with
new advisers, mentoring
services and assistance
for businesses in growth
phase, as well as startups.
The $2.6 million
2017-2020 ECT Program
provides free, professional
advice from
experienced business
advisers located in seven
regional Enterprise
Centres across the state:
North, Central South,
Central North West,
West, East, South East
and South West.
In addition to the services
offered under previous
ECT programs,
each Enterprise Centre
has new resources to assist
mature businesses
with specialised needs
associated with growth
and expansion.
This, combined with
a new statewide Mentoring
for Businesses
in Growth program and
a $600,000 Supporting
Small Business with Apprenticeship
and Traineeships
Program, also
commencing in 2017,
recognises that starting
a business is just the beginning.
H O T E L
ENJOY THE WATERFRONT
The Hodgman Government
understands
that employing people
involves significant
cost and risk, particularly
for small business,
and we are committed
to supporting
Tasmanian businesses
through these critical
growth phases.
I encourage all small
business owners to visit,
browse and subscribe
to the Business Tasmania
portal at www.business.
tas.gov.au, or phone the
BT team on 1800 440
026, to learn about the
full range of information
and services available
to help grow your
business and create
jobs in Tasmania.
Birchalls final chapter closes
AFTER 173 years of
trading, Launceston’s
iconic Birchalls store has
shut its doors for the last
time.
Birchalls has operated
in Launceston since
1844 but was shut on
Saturday, February 25,
because a buyer could
not be found to start a
new chapter in the business’
life.
It had been a local institution,
selling books,
newspapers and magazines,
toys, as well as
served as an education
and arts centre.
The building is set to
be redeveloped in the
coming year.
Birchalls managing director Graeme Tilley
shuts the doors for the last time.
Picture: Paul Scrambler, The Examiner
Be like John.
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TasBuild. Call 6294 0807
15% off midweek when you mention this offer!
Negotiated corporate rates & group packages available. Conference
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6270 1444 / 1300 733 422 15 Hunter Street, Hobart
www.zerodavey.com.au
8 Tasmanian Business Reporter - MARCH 2017
FOCUS ON BUSINESS
Benefit of
investment
in innovation
By CHRIS WILLIAMS
CEO St Lukes Health
St.LukesHealth has a long and proud
history in Tasmania. It is our passion
for Tasmania which drives us to deliver
the best possible service for our
customers, and to be innovative in
our product offerings to ensure our
Tasmanian business is at the forefront
of private health insurance delivery
in Australia.
Through high quality of service,
the loyalty of customers and the increased
business confidence in Tasmania,
St.LukesHealth has been able
to grow its brand significantly over
the past two years . Our success has
been due to investment in customer
services, people and technology.
We employ more than 80 staff
statewide and, in what reflects our
growth in business and brand, we increased
our FTEs by 10.4 in 2016.
In the north of Tasmania, we have
customer care centres at Smithton,
Burnie, Devonport and Launceston.
In the south, at the beginning of
StLukes’ new mobile claiming app has had positive feedback from members.
November last year we moved our
customer care centre from Murray
Street to Liverpool Street, next to the
new Myer development – our largest
retail centre in Tasmania.
Lead by Birrelli Architects, a
locally owned and nationally-renowned
firm, we have almost completely
refreshed our customer-facing
services across the state.
We have moved away from what
was a traditional banking environment
to a contemporary, modern retail
experience.
The environment is a genuinely
personal interaction between our
customer care consultant and the
member. The new look Customer
Care Centres embody our customer-centric
philosophy and continued
innovation, being a significant step
away from the old counter-style of
service from a bygone era.
The new environment is an open
yet personal environment for members
to interact with staff.
The scope of our development is
not limited to our existing centres.
To meet growing demand and seeing
further opportunities in Tasmania,
in December 2016 we opened
a new customer care centre in the
Channel Court Shopping Centre at
Kingston.
Our investments in customer services
is benefiting our business.
The private health care industry
growth rate for hospital policies was
0.6 per cent for the FY2016.
St.LukesHealth experienced a
growth in hospital policy holders of
7.1 per cent. And with the success
and popularity of our Gap Free Dental
benefit, we have also seen ancillary
policy holders grow by a staggering
9.8 per cent.
In what is an amazing achievement,
in February St.LukesHealth
was awarded the 2016 Roy Morgan
Satisfaction award for Private
Health Insurer for our consistently
high levels of customer satisfaction
throughout the entire year.
Beating the biggest funds across
the country in an industry where
competition is fierce, St.LukesHealth
members, Australia-wide, have rated
this Tasmanian based, not-for-profit
organisation as best in its class.
We believe these results have been
a direct response to our continued
innovation and improvements to the
customer experience.
Further innovation in our mobile
claiming application has clearly improved
our customer experience.
The mobile claiming app has had
significant and positive impacts in
several areas of our business, including
workflow and claims management
efficiency. However, the most
overwhelming impact has been the
positive feedback from members.
The work done in this area was
recently recognised by the Launceston
Chamber of Commerce, with the
2016 Award for Excellence in Innovation
presented to St.LukesHealth.
It is our ability to innovate and
prioritise the needs of our members
that sets us apart. It’s true to say innovation
and investment will benefit
business.
preventative dental *
Tamar waterfront revival
THE Tamar Valley is
now home to a new accommodation
experience
after a $5 million investment
in the Rosevears
Hotel, with more development
in the pipeline.
Owner and developer
Allan Virieux purchased
the site in 2011 after
identifying its great potential.
The long-term resident
of the Tamar Valley has a
passion for boats and the
river, and is now giving
visitors to the region the
opportunity to experience
both.
The refurbishment of
the Rosevears Hotel and
the recent construction of
26 accommodation suites
and a luxury day spa on
the existing land was officially
opened by Premier
Will Hodgman.
“This is an enormous
vote of confidence in
Tasmania’s booming
tourism industry and in
particular the northern
visitor economy,” Mr
Hodgman said.
“Visitors to the Northern
Tasmanian region increased
by 20,000 in the
year to September 2016,
and developments like
this will help meet our
increasing tourism and
corporate demand.”
The hotel accommodation
extends the existing
offering which includes
waterfront dining, function
rooms, art gallery,
private boardroom and
adjoining ‘secret’ cellar.
The new accommodation
consists of 26 rooms
comprised of 22 single
bedroom rooms, four
with a second bedroom –
of which six have an outdoor
hot tub.
Stage three, due to
start later this year, is a
30-berth marina on the
Tamar River.
The existing business
employs 16 Tasmanians
including 10 full-time
and a further six casual
employees.
The accommodation
will create an additional
eight full-time jobs
Sporting spectacle a world showcase
BY KRISTEN
FINNIGAN
DERBY and Tasmania
will be showcased to
the world on April 8
and 9 during Australia’s
first Shimano Enduro
Tasmania – the second
round of an eight-round
international series.
A winding, exhilarating,
fearful 80km
network of trails threads
through towering eucalypts
in the hills surrounding
Derby and the
Blue Tier, a perfect combination
for the mountain
biking Formula 1.
Intricately designed
and meticulously constructed
by World Trail,
an organisation led by
the enigmatic Glen
Jacobs, the mountain
bike trails deliver a
world-leading mountain
bike experience.
Five hundred riders,
including 30 professional
teams and their crews,
will attend. More than
2000 spectators will
experience this unique
sporting spectacle in
Derby—the ultimate test
of skill, speed, fitness
and bravery.
Significantly, this
will include a contingent
of up to 40 national
and international
journalists and photographers.
The event will be
live-streamed to the
world—more than 1.5
million viewers tune in
to see the intense action
that the Enduro World
Series provides.
General Manager
Operations of sponsors,
Bell Bay Aluminium,
Ray Mostogl, said: “In
another first for Tasmania,
the Enduro World
Series mountain bike
event is a wonderful
tourism and business
opportunity for the state
and will showcase the
best of what Tasmania
Allan Virieux, right, shows the Tamar River view to Premier Will Hodgman.
has to offer to a global
audience. “Bell Bay
Aluminium is delighted
to be the naming rights
partner for the Enduro
World Series Corporate
Breakfast.”
This event will make
Derby, and Tasmania, an
international sensation.
The Tasmanian
Chamber of Commerce
and Industry is proud to
partner with Bell Bay
Aluminium and the
Dorset Council to host
the Enduro World Series
Corporate Breakfast in
Launceston on April 4.
Guest speakers will
be Glen Jacobs and
Tasmanian Business Reporter - MARCH 2017 9
The business includes
tours and transport with
a fleet that includes
Tamar Taxis, a Limousine
and five buses of
varying sizes catering
for groups and events of
all sizes.
Mr Virieux’s foray into
tourism follows his 25-
year career in contracting.
He started Venarchie
Contracting 25 years ago
as an owner-operator,
with just a single truck
and an excavator.
Venarchie now employs
about 100 staff,
has turnover exceeding
$25 million per annum
and operates a fleet of
about 300 items including
light vehicles, trucks
and specialist equipment.
Enduro Tasmania will attract up to 40 national and international journalists and photographers.
Picture: Flow Nation
Salmon
science
THE independent Marine
Farm Planning Review
Panel has given a
positive report to government
on the controversial
Okehampton Bay
salmon farming project.
The panel said the environmental
science supported
salmon farming
at the site and that the
monitoring and management
of salmon farming
in Tasmania was considered
to be world’s best
practice.
The government said
the report debunked
claims made by green
groups on the suitability
of the site and environmental
impacts.
International EWS Director
Chris Ball, plus
stars of the international
EWS scene.
www.tcci.com.au for
further details.
Printing Technology
and Tradition.
more than just fine printers.
p. 03 6332 1400
www.footandplaysted.com.au
99-109 charles street launceston tasmania 7250
NEWS
Skills
Fund
round
opens
APPLICATIONS are
now open for the next
round of the Skills
Fund Demand Led
program with up to
$4.7 million available
to support business
and industry growth in
Tasmania.
The Skills Fund
provides funding for
subsidised training
for job seekers and
existing workers, with
a key focus on skills
that take people into
productive careers and
the jobs required by
industry
It’s designed to
stimulate significant
private investment
through the employer
contributions, State
Growth Minister Matthew
Groom said.
“A skilled and productive
workforce is
central to Tasmania’s
economic and social
success,” Mr Groom
said.
“Every time someone
receives high quality
training it supports
them in finding a
job, making a career
change, or being more
productive at the job
they have – all of which
are outcomes that will
drive our state’s growth
and productivity.”
The Skills Fund
is open to endorsed
Registered Training
Organisations and
applications close Tuesday,
March 7, 2017.
The last grant round
in December saw $4.17
million available for
training for over 2300
Tasmanian learners.
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• Books • Magazines • Newsletters • Catalogues • Annual Reports
• Business Cards • Letterheads • Posters • Flyers • Corporate Branding
• Logo Design • Packaging • Wine Labels • Stickers • Swing Tags
• Mail-Outs • Folders • Forms & Invoices • Variable Data Printing
• Language Translation • Web Design • Proof Reading
• Copywriting • Large Format Signage & Display
Whatever your needs, get in touch.
We’re here to help.
TASMANIA’S LEADING BUSINESS PUBLICATION. CIRCULATION 17,000 MONTHLY
10 Tasmanian Business Reporter - MARCH 2017
APPOINTMENTS AND ANNOUNCEMENTS
Top chefs share
kitchen secrets
TasTAFE Drysdale students work with chef Jacques Reymond during
the 2016 Great Chefs Series.
THE next generation of cookery
and hospitality workers will have the
opportunity to work with some of
the world’s most influential culinary
minds this year as part of TasTAFE’s
Drysdale’s Great Chefs series.
Following the success of last year’s
series, in 2017, TasTAFE Drysdale is
bringing the likes of Alain Passard,
Dominque Crenn and Christian Puglisi
to Tasmania to work with its students
and offer degustation dinners to the
public.
Drysdale Division Manager Maree
Gerke said the dinners gave students
the opportunity to work side-by-side
with some of the best chefs in the
world to hone their techniques.
“This is a remarkable real-life learning
opportunity for our cookery and
food and beverage apprentices who
will have the opportunity to serve front
of house at the degustation dinners at
our Drysdale restaurants in Launceston
and Hobart.’’ she said.
“Our events students are also heavily
involved in the planning and execution
of the dinners,” Ms Gerke said.
“Great Chefs is a great example of
how TasTAFE Drysdale is building the
capacity of the hospitality industry and
chefs to meet the growth of our ever
expanding industry in Tasmania,”
Passard, Crenn and Puglisi will
travel to Launceston in late March
and early April, providing students
with life-changing mentoring and the
opportunity to learn new techniques
and methods as they prepare 10 course
degustation dinners for the public.
Alain Passard’s Arpege restaurant
in Paris earned three Michelin stars
in 1996 and has maintained all three
ever since. San Fransisco’s Dominique
Crenn was named the world’s best
woman chef in 2016.
Christian Puglisi’s Relae in Copenhagen,
is a two-time winner of
the most sustainable restaurant in the
world.
www.greatchefsseries.com.au
Thinking of selling or
buying a business?
Australia’s largest specialist
business broker network is
now in Tasmania.
Call Dean Demeyer on
0419 382 359 for a FREE, no
obligation assessment
of your business.
IN BRIEF
St Lukes’ satisfied
customers
ST LUKES Health has won the
2016 Roy Morgan Customer
Satisfaction award for Private
Health Insurance.
The award caps off a stellar
2016 for the expanding
Tasmania company, which also
won eight of the 12 monthly
customer satisfaction awards
for the private health insurance
industry.
The Launceston-based
company’s opposition included
the nation’s largest health
insurers such as Bupa,
Medibank, nib and ahm.
St LukesHealth CEO Chris
Williams said the not-for-profit
organisation had come a long
way since it was established in
Launceston, 65 years ago.
STEM Relocation
INFRASTRUCTURE Australia
has approved the business
case for the relocation of
the University of Tasmania’s
Science, Technology,
Engineering and Mathematics
(STEM) facilities to Hobart CBD
APPOINTMENTS
Plum position for
Pearshouse
ROBERT Pearshouse has been
appointed chairman of Master
Plumbers Australia Ltd (MPA).
MPA is a national peak body
that adopts
united policy
positions on
licensing,
regulations
and plumbing
issues.
Mr
Pearshouse,
from Rosetta
Plumbing,
was previously
the Tasmanian
Director to MPA Ltd, providing
consultation on a wide range
of policies and procedures that
impact Tasmania’s plumbing
industry.
WANTED
Business
movers and
shakers
• Promotions
• Appointments
• Awards
• Celebrating
success
Share the news
with the
Tasmanian
business
community
Robert
Pearshouse
and added the project to the
Infrastructure Priority List.
The list includes all nationallysignificant
infrastructure
investments Australia needs
over the next 15 years.
“This is a city-shaping plan
with a proven business case.
Shifting the University’s STEM
facilities to a new purpose-built
facility in Hobart’s CBD will boost
the State economy and show
the major benefits that come
from strategic infrastructure
Property position
KEYRAN Pitt QC has been
appointed as president of the
Property Agents Tribunal.
Mr Pitt has years of experience
in the legal profession, with his
principal area of practice being
in planning and environmental
law.
He has served as president of
the Bar Association of Tasmania
and as the chairman of directors
at the Centre for Heritage
Companies.
Meanwhile, Ann Cunningham
has been named as chair of
the Property Agents Board
and Andrew Wright as a new
member, with Adrian Kelly
reappointed as a member.
Bartlett’s new role
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AUSTRALASIAN digital
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IN PRINT
your print specialist for over 90 years
transformation company Fronde
Systems Group Ltd, has
announced former Tasmanian
Premier David Bartlett as its new
chairman.
David Bartlett was recently
named by The
Australian
as one of
Australia’s
Top 50 most
influential
people in
technology.
Fronde’s
acting
chairman Sandy
Maier said the
St LukesHealth
Manager
Compliance
and Member
Services
Debbie
Sweeney, left,
CEO Chris
Williams and
Board
Chairman Chris
Dockray.
investment,” said Infrastructure
Australia Chairman Mark Birrell.
“STEM skills are increasingly
important for Australia’s
economic competitiveness. With
the University’s existing STEM
facilities nearing the end of
their usable life, the proposed
relocation to the Hobart CBD has
the potential to drive a 60 per
cent increase in undergraduate
demand in an area where
Australia urgently needs to boost
student uptake.
David
Bartlett
company was delighted to attract
someone of Mr Bartlett’s calibre
to its board.
“His background in technology,
government, and governance,
and knowledge of the Australian
market, are all relevant to our
strategy to grow our business.
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Tasmanian Business Reporter - MARCH 2017 11
EVENTS NEWS
ABOVE: John Wilson – Australian Super and Sarah Fitzgerald – GHD.
WHAT:
2017 CEDA
Economic and
Political
Overview
WHERE:
Grand
Chancellor
WHEN:
Monday,
February 20,
2017
ABOVE: Louise Charsley – Australian Super and Matthew
Collings – BSCAA.
LEFT:
Megan
Sperring -
Department of
Treasury and
Finance, left,
and Abigaill
Shelley -
Department of
Treasury and
Finance.
ABOVE: Ben Luttrell – CEDA, left, and Michael Workman –
Commonwealth Bank
ABOVE: Stephen Rochester – Tasmanian Public Finance
Corporation, left, and Jason Kambovski – Westpac.
ABOVE: Richard Curtis – Nyrstar, left, Kathryn Westwood – Nyrstar,
and Victoria Newton - TasNetworks.
LEFT:
Time
Rutherford –
KPMG, left,
and
Paul Ranson –
B&E and TCCI.
LEFT:
Thomas
Webster –
TasNetworks,
left,
and
Ben Wagner
– TasNetworks.
Tasmanian Business Reporter - MARCH 2017 12
PROPERTY MATTERS
Offices open for business
Scott Newton
Property Matters with
Knight Frank
Knight Frank Hobart’s office sales and leasing
specialists Hayden Peck and Richard Steedman
give an update on the Hobart office sector in tis
month’s article
THE recent release of the Property
Council of Australia’s (PCA) Office
Market Report 2017 indicates that
Hobart has the third strongest office
market in the country.
According to the report, Hobart’s
CBD office market has a vacancy
rate of 8.2 per cent, which is significantly
stronger than the national average
of 10.5 per cent.
The financial centres of Sydney
(6.2 per cent) and Melbourne (6.4
per cent) continue to lead the way
while the slowdown in mining activity
has hit the resource dependent
markets of Brisbane (15.3 per cent),
Perth (22.5 per cent) and Darwin
(22.5 per cent).
With a net absorption of 1325
sqm, this is the first time in three
years Hobart’s office market has recorded
positive demand.
Hobart’s “A grade” sector makes
up about half the stock and contin-
ues to be the strongest sector with
a vacancy rate of only 5.7 per cent,
while “B grade” is 13.3 per cent,
“C grade” is 11.0 per cent and “D
grade” is 6.0 per cent.
Hobart’s CBD office market is
dominated by the State and Commonwealth
Governments who occupy
about two thirds of the office
stock, predominately in the “A
grade” sector.
Recent years has seen many tenants
make a flight for quality, moving
into higher quality buildings
with larger, more efficient floor
plans and upgraded building services.
This move has seen a general
softening in demand for lower
grade/quality buildings.
In recent years, Hobart’s office
stock level has remained relatively
static with supply additions (ie:
new buildings) being offset by stock
withdrawals.
There are exciting developments in Hobart’s CBD.
As a result of the growth of other
property sectors, in particular hospitality,
we have seen a number of
lower grade office buildings converted
to alternative uses or demolished
for re-development.
This has assisted in keeping the
vacancy rate down, and in effect
represents a replenishing of the office
market stock.
Historically, new supply has been
demand driven, with new office accommodation
primarily resulting
from pre-commitment by major tenants
with very little speculative development.
Given the relatively high cost of
commercial construction in Tasmania,
economic rentals in excess of
current market levels are generally
required to justify development,
hence future office development is
unlikely to occur without substantial
pre-commitments.
This provides existing buildings
with a competitive advantage and
assists in maintaining a low vacancy
rate.
During 2017, Stage 1 of the Parliament
Square re-development will
come online with the completion of
the office building fronting Salamanca
Place.
This building is to be occupied by
the State Government and has a lettable
area of about 16,275 sqm.
The development is to comprise a
mixture of office, hotel, cafe/restau-
... renewed
economic
confidence in
Tasmania is
having a
positive impact
on Hobart’s
office property
market.
rant and car parking uses as well as
significant public open spaces and is
hoped to improve the link between
Hobart’s CBD and the Sullivans
Cove/Salamanca historic waterfront
precinct.
With the demolition of 10 Murray
Street and the recent sale of 80 Elizabeth
Street which is to be converted
to an alternative use, the net gain
to the office stock will be relatively
limited, softening the building’s impact
on Hobart’s office market.
The level of office vacancies can
be seen as a proxy for white collar
employment, and with renewed economic
confidence in Tasmania, this
is having a positive impact on Hobart’s
office property market.
PROPERTY VIEW
MARCH 2017
For sale by expressions of interest
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An opportunity to acquire four strata suites in
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location.
• A new 7 year lease with two further 3 year
options
• Fully leased to B&E, a leading Tasmanian
financial institution
• Annual fixed increases with market review at
exercise of option
• Floor area: 586sqm (approx); land area
670sqm (approx)
Nick Bond: 0414 395 007
Rob Dixon: 0408 134 025
View at KnightFrank.com.au/3482421
For sale by expressions of interest
A BANKABLE INVESTMENT
Unit 1, 5 Bayfield Street, Rosny Park
High quality, strata titled retail and office
accommodation in a core Rosny location.
• A new 7 year lease with two further 3 year
options
• Leased to B&E, a leading Tasmanian financial
institution
• Fixed increases with market review at option
period
• Floor area: 179sqm (approx lettable area); up
to 10 onsite car parks
• Commencing rental $74,400pa plus
outgoings and GST
Matthew Wright: 0458 290 588
View at KnightFrank.com.au/3502353
For sale by expressions of interest
UNPRECEDENTED OPPORTUNITY
5-7 Sandy Bay Road, Hobart
Knight Frank presents a once in a lifetime
development opportunity in a highly soughtafter
precinct.
• Exclusive address
• Leaseback for 3 years with a 1 year option
• Attractive net rental (holding income)
• Three street frontages
• Equidistant to Hobart CBD and Salamanca
• Uninterrupted views from elevation
• North-easterly aspect
Total site area: 4,868sqm (approx)
Hayden Peck: 0412 766 395
Scott Newton 0409 186 261
View at KnightFrank.com.au/3501991
For sale or lease by expressions of interest
WELL POSITIONED WAREHOUSES
29 & 30 Faulkner Drive, Latrobe
No. 29: Clearance height of 6.5m (approx)
with speed door access. Colorbond clad with
skylighting. Warehouse contains an area of
1,210sqm (approx). Offered vacant possession.
No. 30: Larger warehouse, clearance height of
6.3m (approx). Constructed c1996, clad with
Colorbond, and contains an area of 2,420sqm
(approx). Currently leased on a ‘holding over’,
with further income generated from a road
licence fee.
• Properties will be offered individually or
combined
Nick Bond: 0414 395 007
Rob Dixon: 0408 134 025
View at KnightFrank.com.au/3479687
5 Victoria Street, Hobart P: 03 6220 6999 KnightFrank.com.au 41 York Street, Launceston P: 03 6333 7888
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