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Tasmanian Business Reporter February 2018

This month, in the lead up to the March 3 election, Editor Tom O'Meara stresses how important a majority government is to the Tasmanian business community. As usual, you'll also find the latest in business news from around the state. Please note, the March edition of the TBR will be published early, so any editorial submissions, appointments and announcements need to be sent to TBReditorial@fontpr.com.au by Monday, 12 February.

This month, in the lead up to the March 3 election, Editor Tom O'Meara stresses how important a majority government is to the Tasmanian business community.

As usual, you'll also find the latest in business news from around the state.

Please note, the March edition of the TBR will be published early, so any editorial submissions, appointments and announcements need to be sent to TBReditorial@fontpr.com.au by Monday, 12 February.

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FEBRUARY <strong>2018</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 />

VOTE 1: MAJORITY<br />

Labor: Opposition<br />

Leader Rebecca White<br />

Liberal: Premier<br />

Will Hodgman<br />

PICK ONE<br />

OR THE<br />

OTHER<br />

By TOM O’MEARA<br />

THE need for majority government<br />

is the number one priority<br />

for the business community in the<br />

lead up to the March 3 State Election.<br />

TCCI Chief Executive Michael<br />

Bailey said that with the state<br />

headed in the right direction in<br />

economic terms, it was important<br />

that this momentum was not lost<br />

through the distractions that are<br />

caused through minority rule.<br />

“The economy is strong and<br />

business confidence is good, but<br />

if we are to maintain and improve<br />

the position of the state, we must<br />

have a clear winner at the election<br />

in order to maintain this momentum,”<br />

Mr Bailey said.<br />

“The clear message we have<br />

received is that industry and business<br />

sectors want majority Government<br />

to have control in Tasmania<br />

– whatever its flavour.<br />

“We saw the previous four<br />

years, pre-2014, when Labor and<br />

the Greens tried to govern together,<br />

as a disaster for the state.<br />

“We believe that only a majority<br />

Liberal or Labor government can<br />

make decisions and deliver for the<br />

state.”<br />

Continued Page 2<br />

How<br />

TCCI<br />

MEMBERSHIP<br />

benefits your business<br />

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

and Industry is an independent<br />

membership organisation that<br />

positively leads and supports the<br />

<strong>Tasmanian</strong> business community.<br />

TCCI provides valuable support to its members<br />

through advocacy and a range of programs<br />

and services including:<br />

> Customised membership to achieve<br />

your business objectives<br />

> Workplace relations advice<br />

> Workplace health and safety<br />

> Networking and promotion<br />

> Training and workforce development<br />

> Events<br />

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

of Commerce and Industry<br />

Hobart | Launceston<br />

Ph: 1300 559 122 www.tcci.com.au<br />

JOIN TODAY!


TASMANIA’S LEADING BUSINESS PUBLICATION. CIRCULATION 17,000 MONTHLY<br />

2 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong><br />

STATE ELECTION <strong>2018</strong><br />

Parties focus on health, economy ... and pokies<br />

Hung parliament looming<br />

TASMANIA’S two major<br />

political parties are<br />

taking drastically different<br />

approaches to the<br />

March 3 election as a<br />

hung parliament looms.<br />

Will Hodgman’s Liberal<br />

team will focus attention<br />

on the economy<br />

and the improvements<br />

made to the state’s finances<br />

and prosperity after<br />

one term of a majority<br />

Liberal Government.<br />

Tasmania’s health system<br />

will be the number<br />

one priority for Labor<br />

under new leader Rebecca<br />

White.<br />

Major policy announcements<br />

have started<br />

to roll out.<br />

The Liberals have released<br />

a number of polices<br />

aimed at the business<br />

community.<br />

Treasurer Peter Gutwein<br />

said cutting payroll<br />

tax would encourage <strong>Tasmanian</strong><br />

businesses to invest<br />

and create more jobs<br />

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

“Under our plan, while<br />

all businesses will benefit,<br />

small to medium businesses<br />

with wages bills<br />

between $1.25 million<br />

and $2.0 million will see<br />

savings of up to $15,750<br />

per year – representing<br />

a tax cut of up to 34 per<br />

cent for these businesses,”<br />

Mr Gutwein said.<br />

The Liberal Party also<br />

released a Regional Jobs<br />

and Investment Incentive,<br />

with a package targeting<br />

the creation of 600<br />

new regional jobs by providing<br />

payroll relief for<br />

up to three years for any<br />

business that relocates to<br />

Tasmania and establishes<br />

its operation in a regional<br />

area.<br />

Heath is Labor’s big<br />

ticket item.<br />

Ms White said La-<br />

bor would “dedicate the<br />

funding and resources<br />

needed to keep <strong>Tasmanian</strong>s<br />

healthier from<br />

birth to old age, address<br />

the chronic bed block in<br />

each of Tasmania’s major<br />

hospitals and provide<br />

staff at the coalface with<br />

the additional doctors<br />

and nurses and resources<br />

they needed to care for<br />

<strong>Tasmanian</strong>s.”<br />

e dition<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 />

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

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

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

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

tbreditorial@fontpr.com.au<br />

Tasmania’s business newspaper is published monthly by the<br />

<strong>Tasmanian</strong> Chamber of Commerce and Industry. It is distributed<br />

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

Circulation: 12,000<br />

Managing Editor: Tom O’Meara<br />

0418 135 822<br />

Editor: Becher Townshend<br />

0418 370 661<br />

Advertising and Special Projects<br />

Gil Sellars 0448 901 361<br />

gil@thetrustedmediaco.com<br />

Editorial & Advertising<br />

TBReditorial@fontpr.com.au<br />

www.tasmanianbusinessreporter.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: Mercury<br />

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

Responsibility for election comment in this issue is taken by the editor<br />

Becher Townshend, Suite 24, Fourth Floor, Galleria Building,<br />

33 Salamanca Place Hobart Tas 7000.<br />

A majority Labor government<br />

would invest<br />

$560 million to recruit<br />

up to 500 additional staff<br />

across Tasmania’s entire<br />

health and hospital system<br />

over the next six years.<br />

The package includes<br />

offering 100 more graduate<br />

nurse positions, recruiting<br />

to fill nursing<br />

vacancies, 20 hospital<br />

doctors, 25 ambulance<br />

Pick one or the other: TCCI<br />

From Page 1<br />

One of the major frustrations<br />

from Labor<br />

during the previous government<br />

was the consistent<br />

compromise of decisions<br />

resulting in the<br />

“second best” result for<br />

the state.<br />

Recent polling suggests<br />

that a hung parliament<br />

is likely, with a<br />

number of the Liberal’s<br />

15 seats at risk which is<br />

a surprise when you recall<br />

the Liberal’s gained<br />

51 per cent of the votes,<br />

compared to Labor’s 27<br />

per cent at the 2014 election.<br />

While there will be a<br />

shift in the percentage<br />

of votes for both parties,<br />

the Liberal Party says its<br />

privately-commissioned<br />

polling shows it could<br />

hold onto 14 seats.<br />

Thirteen seats are<br />

needed to form government.<br />

The Liberal-commissioned<br />

survey gave Will<br />

Hodgman victory in the<br />

preferred premier status<br />

and also found 41.1 per<br />

cent of the 3,000 respondents<br />

would vote for the<br />

Liberals, 34.2 per cent<br />

for Labor and 12.8 per<br />

cent for the Greens. The<br />

JLN would receive 6.1<br />

per cent.<br />

In contrast, the last<br />

EMRS poll conducted<br />

before Christmas found<br />

the Liberals and Labor<br />

were neck and neck, with<br />

both parties polling at 34<br />

per cent.<br />

Most analysts say Labor<br />

can’t win enough<br />

seats from its base of<br />

seven to form majority<br />

government – they<br />

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

Hotels<br />

Association<br />

chief<br />

Steve Old,<br />

left, and Love<br />

Your Local<br />

campaign’s<br />

Michael Best<br />

campaign for<br />

poker<br />

machines.<br />

paramedics and fund 32<br />

GP internships.<br />

The most contentious<br />

issue of the lead up to<br />

polling day so far has been<br />

Labor’s big gamble to distance<br />

itself from the gaming<br />

industry.<br />

Labor’s key policy of<br />

removing poker machines<br />

from all pubs and clubs<br />

has been welcomed by<br />

members of the health and<br />

would most likely win<br />

10.<br />

Both party leaders<br />

have ruled out governing<br />

in minority, which<br />

would mean that unless<br />

one of them changes<br />

their stance on that after<br />

polling concludes, the<br />

ELECTION<br />

SPECIAL<br />

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

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

will publish a<br />

special<br />

pre-election<br />

edition online on<br />

<strong>February</strong> 22 and in<br />

print from<br />

<strong>February</strong> 23 with<br />

details of the<br />

latest party<br />

policies.<br />

ADVERTISING<br />

ENQUIRIES:<br />

Gil Sellars<br />

0448 901 371<br />

gil@thetrusted<br />

mediaco.com<br />

social service sector but<br />

is being targeted by those<br />

most likely to lose their<br />

jobs under the plan, with<br />

pubs and clubs across the<br />

state accusing Labor and<br />

Greens of being elitist.<br />

High-impact banners,<br />

posters and billboards<br />

have been rolled out<br />

throughout Tasmania this<br />

week, with two messages,<br />

“Labor thinks you are<br />

stupid’ and “Save our jobs,<br />

vote Liberal”.<br />

Forestry is another issue<br />

that will likely come<br />

to the fore. The Liberals<br />

have been criticised for<br />

announcing a $43 million<br />

loan and assistance<br />

package to secure the development<br />

of Australia’s<br />

largest plantation-based<br />

hardwood mill and the first<br />

ever hardwood cross-laminated<br />

production plant<br />

during the campaign.<br />

Hermal Group will<br />

state could face the unthinkable<br />

and return to<br />

the polls.<br />

The hung parliament<br />

possibility has led the<br />

TCCI to repeat calls for<br />

the restoration of numbers<br />

in the Lower House<br />

to 35.<br />

ONLY LABOR WILL<br />

PUT PEOPLE FIRST<br />

Rebecca<br />

ADVERTISEMENT<br />

build a new $190 million<br />

hardwood mill plant, creating<br />

221 jobs, at Burnie.<br />

“This will be an absolute<br />

game-changer for<br />

Tasmania’s North-West<br />

and North”, Premier Will<br />

Hodgman said.<br />

The majority of timber<br />

supply will be sourced<br />

from Forico plantations in<br />

the North-West and North<br />

but it is expected there will<br />

also be opportunities for<br />

smaller <strong>Tasmanian</strong> private<br />

forest growers and farmers.<br />

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

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

will publish a special<br />

pre-election edition –<br />

online from <strong>February</strong><br />

22 with the print edition<br />

distributed from<br />

<strong>February</strong> 23 – featuring<br />

comprehensive<br />

details of the latest<br />

Labor and Liberal<br />

policies.<br />

“One, it’s more democratic,<br />

two it will provide<br />

a greater talent pool<br />

for all parties and therefore<br />

greater benefit for<br />

the <strong>Tasmanian</strong> people,<br />

for whom they are elected<br />

to represent,” Mr Bailey<br />

said.<br />

White mp<br />

TASMANIAN LABOR LEADER<br />

6212 2225<br />

rebecca.white@parliament.tas.gov.au<br />

Authorised by R.WHITE, 33 COLE ST, SORELL<br />

ADVERTISEMENT<br />

WORKING HARD<br />

FOR YOU.<br />

Authorised by M. Ogilvie, 331 Main Road, Glenorchy Tas 7010


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 3<br />

NEWS<br />

Boon for small exporters<br />

AUSTRALIAN Small <strong>Business</strong><br />

and Family Enterprise<br />

Ombudsman Kate Carnell<br />

predicts <strong>2018</strong> will be a year of<br />

strong growth for small business<br />

exporters.<br />

Ms Carnell said Australia’s<br />

International <strong>Business</strong> Survey<br />

2017 showed there’s greater<br />

confidence among businesses<br />

that are already exporting.<br />

In agriculture and wholesaling,<br />

two thirds of businesses<br />

believe the outlook is better<br />

than the previous two years.<br />

China, the US and UK<br />

have been identified as markets<br />

where strong revenue<br />

growth will occur. Commissioned<br />

by the Export Council<br />

of Australia with support<br />

from Austrade, Efic and UTS,<br />

the survey revealed that an increasing<br />

number of firms are<br />

“born global”, which means<br />

they’re exporting at the very<br />

beginning.<br />

Ms Carnell said the survey<br />

findings matched Efic’s exporter<br />

sentiment index from<br />

August, which showed two<br />

thirds of respondents expected<br />

future sales revenue to increase.<br />

“Potential exporters need to<br />

know there is support available<br />

from Austrade and Efic<br />

to research their markets,<br />

make connections and obtain<br />

finance,” she said<br />

“Over the past three years,<br />

Efic has worked with more<br />

than 262 small businesses<br />

and provided more than $350<br />

million in financial support.<br />

“Efic is the Australian Government’s<br />

export credit agency;<br />

it operates on a commercial<br />

basis and partners with<br />

banks.<br />

“Rapidly growing small<br />

businesses need finance that<br />

doesn’t require putting the<br />

family home on the line.”<br />

Riders come<br />

to grips<br />

Farm soon to harvest<br />

wild West Coast wind<br />

Premier Will Hodgman, left, congratulates Granville Farm owner Royce<br />

Smith at the start of construction on the new West Coast wind farm.<br />

CONSTRUCTION has<br />

begun at the $280 million<br />

Granville Harbour<br />

Wind Farm.<br />

The 112 megawatt<br />

West Coast plant will<br />

contribute towards plans<br />

to double Tasmania’s renewable<br />

energy capacity<br />

and make it the Battery<br />

of the Nation.<br />

The development involves<br />

31 turbines and<br />

will connect to the network<br />

at Reece Power<br />

Station.<br />

Hydro Tasmania acting<br />

CEO Gerard Flack<br />

said the business would<br />

buy about 360 gigawatt<br />

hours (GWh) of energy<br />

and renewable energy<br />

certificates per year from<br />

the new wind farm.<br />

“The birth of Granville<br />

is another sign that<br />

Tasmania’s national energy<br />

revolution is really<br />

taking off,” Mr Flack<br />

said.<br />

“We’re delighted to<br />

be supporting the Granville<br />

Harbour wind<br />

farm, and helping to<br />

make it happen,” he<br />

said.<br />

Tasmania has about<br />

300 megawatts of<br />

on-island wind power<br />

capacity, providing almost<br />

10 per cent of Tasmania’s<br />

electricity.<br />

The Battery of the<br />

Nation initiative, including<br />

plans for more<br />

interconnection, will<br />

open the door for up to<br />

3000 megawatts of <strong>Tasmanian</strong><br />

wind power.<br />

“Tasmania has huge<br />

natural advantages including<br />

an existing<br />

hydro power system,<br />

exceptional wind resources,<br />

elite expertise,<br />

and the head-start<br />

we’re already taking,”<br />

Mr Flack said.<br />

“Our work to identify<br />

Tasmania’s best possible<br />

pumped hydro sites<br />

under Battery of the<br />

Nation is progressing<br />

well.<br />

“We’re pleased that<br />

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

Governments have<br />

committed to pursuing<br />

the next stage of a business<br />

case for a second<br />

Bass Strait interconnector,”<br />

he said.<br />

Chi (Addy) Ngo, right, worked closely with TIS head cycling coach<br />

Matthew Gilmore, centre, on the customised design used by TIS cyclists<br />

including Zack Gilmore.<br />

A NEW handlebar design that helps<br />

cyclists achieve a more aerodynamic<br />

position could be the key to <strong>Tasmanian</strong><br />

Institute of Sport athletes improving<br />

their performance on the track.<br />

Chi (Addy) Ngo, a graduate of the<br />

Australian Maritime College’s Co-operative<br />

Engineering Program, worked<br />

closely with TIS Head Cycling Coach<br />

Matthew Gilmore on a customised<br />

design to help cyclists go faster by<br />

eliminating turbulent air-flow between<br />

the handlebar and the forearm.<br />

A prototype has been tested with<br />

very successful results and it’s hoped<br />

the new design will be rolled out<br />

across the TIS cycling team to replace<br />

their current L-shaped handlebars.<br />

“We’ve trialled the handlebars at<br />

training and through what we call<br />

power meters, and we can actually<br />

measure the difference between the old<br />

set of handlebars and the new by doing<br />

trial runs,” Mr Gilmore said.<br />

“But more importantly, competition<br />

is our biggest way of testing any new<br />

equipment. We used the handlebars<br />

last year and actually broke the state’s<br />

record in the team’s pursuit, so it’s<br />

something we’re particularly proud of<br />

as an institute, but also just being able<br />

to validate the design that the Australian<br />

Maritime College has put together<br />

for us.<br />

“The end product has been absolutely<br />

fantastic and it looks great, it<br />

certainly turns lots of heads, people<br />

are very intrigued by the design.”<br />

Mr Ngo undertook the design<br />

project as part of his Bachelor of<br />

Engineering (Co-operative Engineering<br />

Program), in which students<br />

combine their university studies<br />

with periods of industry work placements.<br />

He graduated in 2016.<br />

A model of the best prototype was<br />

created and printed using AMC’s<br />

design software and 3-D printer,<br />

with the end result being used as a<br />

mould to build the first set of handlebars<br />

out of carbon fibre.


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<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 5<br />

STATE ELECTION <strong>2018</strong> STATE ELECTION <strong>2018</strong><br />

Vote 1 majority government<br />

Michael<br />

Bailey<br />

TCCI Chief Executive<br />

THE TCCI believes the<br />

March 3 poll will be one<br />

of the most important<br />

<strong>Tasmanian</strong> elections ever<br />

as the state sets itself for<br />

the next 10 to 20 years.<br />

The chamber sees a<br />

range of major opportunities<br />

and challenges<br />

ahead for Tasmania.<br />

Perhaps the most important,<br />

as an apolitical<br />

organisation, representing<br />

members of all political<br />

persuasions, is the<br />

clear message we have<br />

received – that industry<br />

and business sectors<br />

want majority Government<br />

to have control in<br />

Tasmania – whatever its<br />

flavour.<br />

We saw the previous<br />

four years, pre-2014,<br />

when Labor and the<br />

Greens tried to govern<br />

together, as a disaster for<br />

the state.<br />

We believe that only<br />

a majority Liberal or<br />

Labor government can<br />

make decisions and deliver<br />

for the state.<br />

Just in this past week,<br />

we have seen the State<br />

Government sign the<br />

Hobart City Deal with<br />

the Federal Government.<br />

We will wait – both<br />

anxious and excited – to<br />

see what that actually delivers<br />

for the state capital<br />

and Greater Hobart in<br />

general.<br />

We know that the City<br />

Deal in Launceston is already<br />

delivering, which<br />

is important for Northern<br />

Tasmania.<br />

Again, whatever the<br />

flavour of the next Government,<br />

its major opportunity<br />

is the development<br />

and rollout of a<br />

Statewide Infrastructure<br />

Plan, encompassing all<br />

sectors – energy, transport,<br />

tourism, education<br />

and community.<br />

The TCCI is a firm<br />

Projects such as the development of Cradle Mountain are necessary for the future of our state.<br />

supporter of Tourism<br />

Tasmania’s T21 goals,<br />

continuing to grow our<br />

visitor numbers, but to<br />

do that we need more authentic<br />

experiences statewide.<br />

The State Government<br />

also recently announced<br />

a $72 million roads package<br />

for Tasmania – aimed<br />

at the tourism sector.<br />

Projects such as: $12<br />

million for stopping bays<br />

and passing lanes on<br />

the Tasman Highway at<br />

Scottsdale and down the<br />

East Coast; $9 million<br />

for road safety at tourism<br />

experience on the Great<br />

Eastern Drive; $8.3 million<br />

for overtaking lanes<br />

on the Tasman Highway<br />

between St Helens and<br />

Diana’s Basin; $8 million<br />

for sealing Bruny<br />

Island Main Road; $7<br />

million for upgrades on<br />

the Tasman Peninsula<br />

and $12.5 million to upgrade<br />

the Hastings Caves<br />

Road.<br />

Some of the proposed<br />

major developments will<br />

be challenges for the future<br />

– for example the<br />

cable car in Hobart and<br />

the overall development<br />

of Cradle Mountain – but<br />

both are necessary for<br />

the future of our State.<br />

Tasmania must continue<br />

to invest in renewable<br />

energy projects, such<br />

as the Cattle Hill wind<br />

farm, so that our dam<br />

levels are protected for<br />

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

The TCCI believes<br />

future government must<br />

also consider withdrawing<br />

from the national energy<br />

market from a pricing<br />

perspective.<br />

We could then drop<br />

pricing for all <strong>Tasmanian</strong>s,<br />

but sell power to<br />

the mainland when it’s required<br />

and when the price<br />

is high - essentially taking<br />

advantage of our historical<br />

investment in renewables,<br />

the best of any State.<br />

The TCCI has long advocated<br />

the levelling of<br />

land tax to allow the removal<br />

of payroll tax. This<br />

will stimulate business<br />

and employment growth<br />

Statewide.<br />

We must also continue<br />

to grow the State’s population,<br />

not just around<br />

Hobart and the South,<br />

but in our Northern and<br />

North-Western cities.<br />

And finally, the TCCI<br />

demands the restoration<br />

of numbers in the Lower<br />

House of the <strong>Tasmanian</strong><br />

Parliament to 35.<br />

One, it’s more democratic,<br />

two it will provide<br />

a greater talent pool for<br />

all parties and therefore<br />

greater benefit for the <strong>Tasmanian</strong><br />

people they are<br />

elected to represent.<br />

Keeping up<br />

momentum<br />

THE Denison electorate<br />

has been my home<br />

for more than 40 years<br />

and throughout the<br />

past four years, I have<br />

seen it transform into<br />

the prosperous and<br />

more confident place it<br />

is today.<br />

As someone who has<br />

grown up in<br />

and around<br />

small businesses,<br />

I<br />

understand<br />

first-hand<br />

the importance<br />

of having<br />

a strong<br />

economy<br />

to create jobs and to<br />

assist businesses, both<br />

big and small, to prosper.<br />

With four consecutive<br />

years of economic<br />

growth under a majority<br />

Liberal Government,<br />

more than 10,600 jobs<br />

have been created in<br />

Tasmania.<br />

Also, there has been<br />

an increase in interstate<br />

and overseas visitors<br />

Our target is<br />

to bring more<br />

visitors to our<br />

state ...<br />

who are spending more<br />

at local and regional<br />

businesses which supports<br />

more jobs.<br />

Our target is to bring<br />

more visitors to our<br />

state to increase their<br />

spend by 50% by 2022.<br />

It is vital our state<br />

economy continues to<br />

thrive under<br />

a majority<br />

Liberal Government,<br />

so we can<br />

afford a<br />

first-class<br />

health system,<br />

provide<br />

excellent<br />

educational<br />

opportunities and to respond<br />

to skills that are<br />

needed, and importantly,<br />

to enable us to assist<br />

those who need it most.<br />

To keep this momentum<br />

going and with the<br />

community’s support, I<br />

will continue to actively<br />

deliver for Denison and<br />

for our great state.<br />

- ELISE ARCHER<br />

Liberal Member for<br />

Denison<br />

ADVERTISEMENT<br />

RE-ELECT<br />

Advertisement<br />

VOTE<br />

1<br />

Elise<br />

Archer<br />

Liberal for Denison<br />

Active, Accessible, Authentic<br />

Your No.1 local Liberal Member for Denison<br />

Authorised by Elise Archer, 62 Main Road, Moonah TAS 7009


6 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong><br />

NEWS STATE ELECTION <strong>2018</strong><br />

ADVERTISEMENT<br />

MEET THE CANDIDATES<br />

IN less than four years the<br />

Hodgman majority Liberal Government<br />

has delivered more<br />

than 10,000 new jobs, transformed<br />

the economy from recession<br />

to the strongest in the<br />

nation and injected confidence<br />

and pride back into the <strong>Tasmanian</strong><br />

community.<br />

With a Budget back in balance<br />

we are investing a record<br />

amount into health and education<br />

and we are seeing the<br />

results with the lowest elective<br />

surgery waiting lists since<br />

records began and better education<br />

outcomes across the<br />

board.<br />

Our economy has grown every<br />

year since 2014 and that means<br />

more people in jobs, more<br />

trainees, more apprentices and<br />

more <strong>Tasmanian</strong>s returning<br />

home because of employment<br />

opportunities and lifestyle.<br />

The Sensis <strong>Business</strong> Index<br />

CANDIDATE<br />

PROFILE<br />

NAME PETER GUTWEIN - LIBERAL<br />

DOB 21/12/1969<br />

OCCUPATION SITTING MEMBER<br />

ELECTORATE BASS<br />

shows <strong>Tasmanian</strong> small and<br />

medium business confidence<br />

leads the nation, retail trade<br />

has enjoyed 18 consecutive<br />

months above the $500 million<br />

mark and business investment<br />

in capital jumped 20 per cent in<br />

2017.<br />

Tasmania is enjoying boom<br />

times and a re-elected Hodgman<br />

majority Liberal Government<br />

has a comprehensive plan<br />

to Build Your Future and share<br />

the benefits of this growth<br />

throughout the State and<br />

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

Authorised by Dorothy DeHais, 4 Union St, Launceston, Tas 7250<br />

CANDIDATE<br />

PROFILE<br />

NAME SIMON WOOD - LIBERAL<br />

DOB 14/10/1976<br />

OCCUPATION SMALL BUSINESSMAN<br />

ELECTORATE BASS<br />

Authorised by Sam McQuestin, 185 Invermay Rd, Launceston, 7250<br />

IN his role as a Launceston<br />

Alderman, Simon has<br />

worked hard to build regional<br />

prosperity.<br />

Simon is proud to have<br />

initiated funding to bring the<br />

Festival of Voices to Launceston,<br />

helped convinced<br />

the council to<br />

commit funding<br />

to hold the<br />

Australian<br />

National<br />

Rally Car<br />

Championships<br />

in Northern Tasmania<br />

in August and worked hard<br />

to ensure the rebuild of the<br />

significant convict-built<br />

boundary wall at Franklin<br />

House.<br />

Simon is focused on creating<br />

the right conditions for<br />

small businesses to flourish<br />

and opportunities for families<br />

to stay in our state.<br />

With a background in retail,<br />

having worked for 20 years<br />

in a statewide family business,<br />

Simon has a real and<br />

practical understanding<br />

of how the local economy<br />

operates.<br />

Simon is a member of the<br />

Cityprom board, the Franklin<br />

House Committee and<br />

sits on a variety of council<br />

committees including Tender<br />

Review, Northbank and<br />

Australia Day.<br />

He is married to Zoe and<br />

helps to run her allied health<br />

practice in Newstead, while<br />

raising two children Lucy,<br />

10, and Alexander, 5.<br />

I HAVE committed my life to<br />

making a difference and improving<br />

the lives of those around me.<br />

Growing up with both parents<br />

in the workforce, my mum a<br />

cleaner, my dad a tradie painter,<br />

I have always understood the<br />

value of work, the importance<br />

of a fair day’s pay, and why we<br />

all must do something to make<br />

people’s lives better.<br />

After 20 years of service,<br />

through the union movement,<br />

politics and community organisations,<br />

I chose to step out of<br />

the public eye and return to my<br />

two great loves – my family and<br />

Tasmania.<br />

During this time I worked in<br />

the not for profit sector with the<br />

Beacon Foundation, working<br />

with young people to give them<br />

the best chance to reach their<br />

full potential.<br />

As a former Infrastructure and<br />

CANDIDATE<br />

PROFILE<br />

NAME DAVID O’BYRNE - LABOR<br />

DOB 17/4/1969<br />

OCCUPATION BEACON FOUNDATION<br />

ELECTORATE FRANKLIN<br />

Economic development Minister<br />

I know there is much work to be<br />

done to ensure that not only our<br />

infrastructure needs deliver for<br />

businesses on our island but also<br />

crucially important across Bass<br />

Strait.<br />

I have a strong track record of<br />

working with business to build<br />

and strengthen companies small,<br />

medium and large across a range<br />

of industry sectors.<br />

As an elected member of Parliament<br />

in a Rebecca White Labor<br />

Government I hope to continue<br />

that important<br />

work, it is one<br />

thing to talk about<br />

creating jobs it is<br />

altogether another<br />

thing to roll up your<br />

sleeves and work<br />

with businesses<br />

to create jobs,<br />

build sustainability<br />

and reach<br />

their potential.<br />

Authorised by Julie Collins, 18 Ross Ave, Rosny Park, Tas, 7018


<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 7<br />

STATE ELECTION <strong>2018</strong><br />

Parties line up for the spoils<br />

THE Liberal Party stormed to power<br />

four years ago after a disastrous<br />

period for the Labor Party - ending<br />

Will Hodgman’s reign as the longest-serving<br />

Opposition Leader.<br />

<strong>Tasmanian</strong> voters delivered the<br />

Liberals 15 seats, handing them<br />

majority government, with Labor<br />

reduced to just seven seats and<br />

the Greens demoted to three.<br />

After the demise of Labor under<br />

Premier Lara Giddings, she<br />

relinquished the leadership to<br />

Bryan Green, who subsequently<br />

resigned from parliament following<br />

horror polling, paving the<br />

way for Rebecca White to take<br />

the helm.<br />

Ms White will take on Premier<br />

Will Hodgman for the top job after<br />

Mr Hodgman called the election<br />

for March 3.<br />

A hung parliament is being predicted<br />

but both major parties have<br />

ruled out governing in a minority,<br />

leaving it unclear how a government<br />

will be formed and the possibility<br />

of <strong>Tasmanian</strong>s being sent<br />

back to the polls.<br />

The members of parliament<br />

will be significantly different<br />

regardless of the overall result,<br />

with a number of high profile sitting<br />

members retiring.<br />

After a lifetime in politics, Ms<br />

Giddings has retired, recently<br />

giving birth to a baby girl, Natasha.<br />

She had a strong personal vote<br />

BASS<br />

Liberal 3<br />

Labor 1<br />

Greens 1<br />

in Franklin and that is expected to<br />

be transferred to former State MP<br />

David O’Byrne.<br />

High profile Liberal Minister Matthew<br />

Groom has retired from Denison<br />

but is being replaced by Hobart<br />

Lord Mayor Sue Hickey, with former<br />

ABC Radio host Tim Cox also<br />

putting his hand up for the Labor<br />

Party in what will be an interesting<br />

contest.<br />

Labor Lyons stalwart David<br />

BRADDON<br />

Liberal 4<br />

Labor 1<br />

STATE OF THE HOUSE<br />

Llewellyn is retiring with former<br />

AMWU state president Daren Clark<br />

stepping into the fold in the sprawling<br />

regional electorate.<br />

In Braddon, the 2014 personal<br />

votes of Deputy Premier Jeremy<br />

Rockliff and popular businessman<br />

Adam Brooks helped secure four<br />

seats for the Liberals.<br />

Joan Rylah and Roger Jaensch are<br />

tipped to be in trouble with Labor<br />

pushing hard for a second seat for<br />

LYONS<br />

Liberal 3<br />

Labor 2<br />

FRANKLIN<br />

Liberal 3<br />

Labor 1<br />

Greens 1<br />

popular Burnie Mayor Anita Dow.<br />

Bass appears the Liberal Party’s<br />

best chance of maintaining three<br />

seats.<br />

Labor hasn’t selected anyone with<br />

a very high profile behind its number<br />

1 on the ticket, Michelle O’Byrne,<br />

and the Greens have lost high-profile<br />

vote winner Kim Booth, who<br />

snuck in ahead of Labor’s then Attorney-General<br />

Brian Wightman in<br />

2014.<br />

DENISON<br />

Liberal 2<br />

Labor 2<br />

Greens 1<br />

Election Day<br />

Saturday, March 3<br />

You need to apply now<br />

for a Postal Vote if you<br />

are unable to vote on<br />

polling day.<br />

The recovery<br />

must continue<br />

ADVERTISEMENT<br />

WITH more than 30<br />

years’ experience as<br />

a businessperson in<br />

Tasmania, I understand<br />

what it’s like to mortgage<br />

your house to<br />

create a job for yourself<br />

and a lifestyle for your<br />

family.<br />

I have been there. I<br />

have always<br />

been<br />

determined<br />

...we’ve had<br />

a remarkable<br />

recovery<br />

to make<br />

things work<br />

and, as<br />

Lord Mayor,<br />

I have<br />

shown that<br />

I get things done.<br />

I recall the grim conditions<br />

prior to 2014.<br />

Unemployment was<br />

at 7.5% and business<br />

confidence was low.<br />

Since then, we’ve had<br />

a remarkable recovery.<br />

When economic conditions<br />

are good it creates<br />

confidence, more<br />

jobs, more investment,<br />

more innovation, more<br />

money in the economy<br />

and businesses thrive<br />

The Liberal Government<br />

has cleared debt<br />

and improved public<br />

confidence.<br />

Ten thousand more<br />

people are employed<br />

and coffee drinking is<br />

at an all-time high.<br />

This economic boom<br />

must continue.<br />

We must continue to<br />

attract investment<br />

to build<br />

affordable<br />

housing, address<br />

cost of<br />

living issues,<br />

hospitals and<br />

education,<br />

traffic and<br />

individual safety.<br />

My focus also includes<br />

mental health,<br />

homelessness, congestion,<br />

climate change,<br />

and infrastructure but<br />

none of these can be<br />

addressed without<br />

money in the system.<br />

I ask for your vote<br />

because I am a strong,<br />

thinking businesswoman,<br />

a Lord Mayor<br />

with an MBA and I get<br />

things done!<br />

- SUE HICKEY


8 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong><br />

THOUGHT LEADERSHIP<br />

www.tcci.com.au<br />

India a multitude of markets<br />

Sally<br />

Chandler<br />

Tradestart Adviser<br />

INDIA is not one market,<br />

it is very fragmented. It is<br />

also very, very price sensitive.<br />

An exporter needs patience<br />

and perseverance<br />

as India is a very different<br />

place to do business.<br />

It is a mistake to assume<br />

India is one market<br />

and exporters must<br />

have a regional, targeted,<br />

niche approach that is<br />

very price aware.<br />

As well as first tier<br />

cities, exporters need to<br />

think of second and third<br />

tier cities as well and<br />

innovate to drive down<br />

price.<br />

Indian companies<br />

won’t necessarily buy<br />

Australian.<br />

India has very high<br />

levels of self-sufficiency,<br />

especially in resources<br />

and agriculture. Its<br />

growth is services led.<br />

Online consumer<br />

goods will leapfrog<br />

China particularly in<br />

non-metropolitan cities<br />

because there are limited<br />

shopping malls.<br />

The focus is on customer<br />

service and price<br />

and exporters must collaborate<br />

with offline<br />

partners to go online.<br />

For retail consumer<br />

goods, the number of Indian<br />

middle class is one<br />

fifth the size of China<br />

and half the salary level.<br />

Forty percent of these<br />

are government employees<br />

and the average annual<br />

salary is $A3000<br />

per annum.<br />

Half the population is<br />

vegetarian.<br />

India is the second<br />

largest spirits market in<br />

the world and the largest<br />

milk consumer in the<br />

world.<br />

It is very hard to penetrate<br />

the high-end market<br />

but there are opportunities<br />

for packaged snacks<br />

and spirits, particularly<br />

whisky.<br />

By 2050 the Indian<br />

Government will have<br />

developed 100 cities<br />

across India and by then<br />

Opportunities exist but potential exporters to India need patience and perseverance.<br />

900 million people will<br />

live in cities.<br />

Opportunities exist for<br />

infrastructure consulting<br />

on rail, water, green<br />

cities and hydro developments,<br />

also on desalination,<br />

waste water,<br />

renewable energy and<br />

smart grids.<br />

Intelligent transport<br />

solutions such as ticketing<br />

systems, vehicle<br />

tracking systems and<br />

road safety enhancements<br />

are also required.<br />

Austrade has a large<br />

presence in India with<br />

10 offices in New Delhi,<br />

Mumbai, Chennai, Kolkata,<br />

Chandigarh, Jaipur,<br />

Ahmedabad, Bangalore,<br />

Hyderabad and Kochi.<br />

With Austrade, I can<br />

assist <strong>Tasmanian</strong> exporters<br />

considering the Indian<br />

market for their products<br />

or services.<br />

For international<br />

trade and investment<br />

assistance<br />

contact the TCCI’s<br />

TradeStart Adviser,<br />

Sally Chandler, at<br />

sally.chandler@tcci.<br />

com.au or phone<br />

1300 559 122.<br />

Enter confined spaces with great care<br />

Craig<br />

Hortle<br />

Workplace Health & Safety<br />

IN THE last few months<br />

we have discussed the<br />

issues of entering a confined<br />

space.<br />

The code of practice<br />

for confined spaces gives<br />

practical guidance of<br />

how identify and information<br />

on how to enter a<br />

confined space.<br />

Why is a confined<br />

space particularly dangerous?<br />

The outcome of accidents<br />

in this environment<br />

can easily be catastrophic<br />

and lead to the multiple<br />

deaths in one event.<br />

If you consider the<br />

some of the hazards involved;<br />

• loss of oxygen;<br />

• electrocution;<br />

• engulfment;<br />

• explosion.<br />

All of these hazards<br />

would have high or severe<br />

risk ranking result<br />

in the catastrophic outcome<br />

for those working<br />

in the confined space.<br />

What conditions could<br />

lead to producing the<br />

hazards that are mentioned;<br />

Loss of oxygen<br />

• Welding in the confined<br />

space – producing<br />

gas that replaces oxygen;<br />

• Residual chemicals<br />

that may produce gas<br />

that replaces oxygen;<br />

• Residual product natural<br />

or man-made that<br />

ferments or produces gas<br />

that replaces oxygen in<br />

the atmosphere;<br />

• Escaping gas from<br />

another source that enters<br />

the confined space<br />

and replaces the oxygen<br />

in the atmosphere.<br />

Electrocution<br />

• Not isolating electrical<br />

fittings associated<br />

with the confined space;<br />

• Using tools that have<br />

connection to 240v and<br />

not using a RCD;<br />

• Welding using arc<br />

welding techniques.<br />

Engulfment<br />

• Not isolating product<br />

supply and drain lines;<br />

• Working in confined<br />

spaces that are not completely<br />

empty;<br />

• Working in confined<br />

spaces containing grain,<br />

sand or other viscose<br />

products.<br />

Explosion<br />

• High levels of explosive<br />

gas in confined<br />

space;<br />

• Welding in confined<br />

space;<br />

• Flammable dust in<br />

the confined space<br />

All of these conditions<br />

can occur simply and<br />

without warning - that is<br />

why it is essential to carry<br />

out a high-level risk<br />

assessment before entering<br />

the tank and ensuring<br />

all who involved in the<br />

activity are trained in the<br />

entry to confined spaces.<br />

For more<br />

information<br />

please contact<br />

Craig Hortle or<br />

Janelle Whitehouse<br />

at the<br />

TCCI on<br />

1300 559 122 or<br />

contact safety@<br />

TCCI.com.au


THOUGHT LEADERSHIP<br />

Brett<br />

Charlton<br />

Agility Logistics<br />

WELCOME to <strong>2018</strong> –<br />

even numbers are always<br />

better in my OCD world<br />

so I am very much looking<br />

forward to an excellent<br />

year ahead.<br />

The sun is out, the<br />

crops look good, there<br />

are cranes in the skies,<br />

exporters are predicting<br />

growth, North and South<br />

Korea have agreed to<br />

skate on the ice together<br />

– it is a great time to<br />

be fighting gravity on our<br />

blue bubble (perhaps not<br />

for 40 minutes in Hawaii<br />

recently when they accidently<br />

sent out a thermal<br />

nuclear destruction text<br />

by error, but nevertheless….).<br />

From a shipping point<br />

of view, in Tasmania<br />

we are still in the enviable<br />

position of having<br />

a small market serviced<br />

well domestically and internationally.<br />

These are the days of miracle and wonder<br />

By all accounts the<br />

movement of goods to<br />

and from Tasmania has<br />

been well catered with<br />

our capacity over the traditionally<br />

busy period of<br />

Christmas and perishable<br />

season.<br />

The announcement of<br />

TT Line extra capacity<br />

for freight in the future as<br />

well as the new Toll vessels<br />

is welcomed news<br />

that is also met with some<br />

caution – an oversupply<br />

of capacity questions<br />

sustainability and government-run<br />

enterprises<br />

competing in the private<br />

sector has raised some<br />

eyebrows.<br />

Hopefully any questions<br />

of surplus capacity<br />

are countered by investment<br />

and growth in our<br />

trading businesses to fill<br />

any empty spaces.<br />

Internationally we are<br />

still serviced by the ma-<br />

<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 9<br />

www.tcci.com.au<br />

Anticipating excellent year ahead<br />

You’ve decided to buy a business, now what?<br />

THE summer holidays<br />

are when decisions to<br />

buy a business most often<br />

occur. I suppose its<br />

because you’ve had some<br />

leave, had time to think<br />

and talk to your partner<br />

and decided that wages<br />

plus super isn’t enough<br />

any more.<br />

So what sort of business<br />

should you look for?<br />

My advice to people<br />

looking to buy a business<br />

is simple:<br />

Dean<br />

Demeyer<br />

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

1. Buy a business that<br />

is profitable; and<br />

2. has identifiable<br />

problem areas you know<br />

how to solve.<br />

This creates a positive<br />

cash flow from day one,<br />

and you are able to apply<br />

Extra capacity across Bass Strait on TT Line vessels is a welcome development.<br />

jor shipping lines with<br />

a healthy competition<br />

evolving on some trade<br />

lanes.<br />

your knowledge and skill<br />

to fix the problems and<br />

improve the business.<br />

It’s this improvement<br />

and expanding the cash<br />

flow that gives you gains<br />

now and a bigger gain<br />

when the business is<br />

Importers ex-Asia<br />

however are unfortunately<br />

caught in the capacity<br />

issues ex these regions<br />

eventually sold.<br />

Why? Because businesses<br />

sell on multiples<br />

of cash flow.<br />

Let’s say you pay<br />

$200,000 for a business<br />

earning a $100,000 net<br />

profit – the multiple is<br />

and as a result should<br />

expect more pain points<br />

around space and price<br />

until after Chinese New<br />

There are plenty of<br />

profitable businesses<br />

on the market.<br />

obviously two.<br />

If you increase the<br />

cash flow by fixing the<br />

problems you identified<br />

and increase the cash<br />

flow to $150,000, your<br />

selling price is a minimum<br />

$300,000.<br />

Year – it is not expected<br />

that the freight levels<br />

will drop to the low prices<br />

that importers enjoyed<br />

Plus don’t forget you<br />

have an extra $50,000 of<br />

profit every year of owning<br />

the business.<br />

This is the safest option<br />

when buying a business.<br />

There are plenty of<br />

profitable businesses on<br />

the market.<br />

But be careful you<br />

don’t pay for the skills<br />

and knowledge you bring<br />

to the table.<br />

Otherwise everything<br />

for many years and traders<br />

would be wise to consider<br />

very early planning<br />

for next year’s critical<br />

volume periods (September<br />

– <strong>February</strong>).<br />

I am personally interested<br />

to see how <strong>2018</strong><br />

plays out in the technological<br />

world.<br />

I find myself both excited<br />

and frustrated at the<br />

same time by the advances<br />

and the possibilities –<br />

I often feel that behind<br />

the shiny facade, things<br />

are still held together by<br />

sticky tape and baling<br />

twine (imminent thermal<br />

nuclear destruction<br />

messages being a case in<br />

point).<br />

Last year we had a<br />

cyber-attack that closed<br />

down the largest shipping<br />

line on the planet from<br />

someone opening a link<br />

on an email, but during<br />

that same time I could put<br />

on a headset and instantly<br />

be under water watching<br />

a whale swim by.<br />

“These are the days of<br />

miracle and wonder” said<br />

someone that most people<br />

past Gen X wouldn’t<br />

have heard of.<br />

Good luck out there.<br />

I’ve talked about above<br />

is redundant and you<br />

will work hard just to get<br />

back the price you paid.<br />

Strategic purchasers<br />

who benefit from buying<br />

physical assets, customers<br />

lists, prime locations<br />

or people skills held<br />

within the target business,<br />

are the best buyers<br />

for businesses with small<br />

net cash flow.<br />

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another day.<br />

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10 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong><br />

THOUGHT LEADERSHIP<br />

Seek termination advice<br />

Abbey<br />

George<br />

Workplace Relations<br />

ACCORDING to the<br />

Fair Work Commission’s<br />

quarterly reports from<br />

the period of January<br />

2017 to September 2017,<br />

there were 10,480 unfair<br />

dismissal Applications<br />

lodged with the FWC<br />

Australia wide – that’s a<br />

staggering 1,165 lodged<br />

per month (about 292 per<br />

week).<br />

As applications are not<br />

merit tested when lodged<br />

with the FWC this means<br />

that the risk of an Unfair<br />

Dismissal Application<br />

following termination is<br />

a real one for employers,<br />

provided that the employee:<br />

• has lodged the application<br />

with 21 days of<br />

the dismissal;<br />

• is covered by the National<br />

Workplace Relations<br />

System;<br />

• has completed the<br />

minimum employment<br />

period of one year for<br />

small business; or six<br />

months for other business;<br />

and/or<br />

• the employee has<br />

not reached the high income<br />

threshold which<br />

is currently $142,000<br />

for 2017-<strong>2018</strong> financial<br />

year.<br />

We have certainly seen<br />

some valid unfair dismissal<br />

claims lodged by<br />

employees, but experience<br />

has also shown that<br />

sometimes the reason behind<br />

an employee lodging<br />

an unfair dismissal<br />

claim is not necessarily<br />

that they thought the dismissal<br />

was unfair, but<br />

that they are now without<br />

employment and have<br />

bills to pay.<br />

Accordingly, unfair<br />

dismissals have become<br />

a regular occurrence for<br />

employers and can be an<br />

intimidating, time consuming<br />

and stressful process.<br />

BE PART OF THE<br />

MULTI-BILLION<br />

DOLLAR<br />

LOGISTICS<br />

INDUSTRY<br />

The unfair dismissal<br />

process is generally as<br />

follows:<br />

• the employee lodged<br />

the application with the<br />

FWC;<br />

• the FWC will provide<br />

the application to the employer<br />

with the response<br />

document to be completed,<br />

lodged with the FWC<br />

and served on the applicant<br />

by the employer;<br />

• the FWC will list the<br />

matter for a conciliation<br />

and provide confirmation<br />

of this to all parties;<br />

• a conciliation will<br />

take place with both parties<br />

and a FWC conciliator;<br />

• if the matter is resolved<br />

at the conciliation<br />

Terms of Settlement are<br />

signed and the matter<br />

comes to an end;<br />

• if the matter is not resolved<br />

at the conciliation<br />

it is listed for arbitration<br />

(that is, a hearing where<br />

a binding decision is<br />

made by the FWC).<br />

Whether a termination<br />

is unfair will depend on<br />

each circumstance and<br />

therefore it is crucial<br />

for employers to obtain<br />

specialist advice in this<br />

regard prior to termination.<br />

Employers can do this<br />

through the TCCI by<br />

contacting the Helpline<br />

on 1300 765 123<br />

or the TCCI on 1300<br />

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

WANTED<br />

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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<br />

www.tcci.com.au<br />

Non-traditional<br />

roles in focus<br />

THE excellent work being<br />

done by women in<br />

the resources industry<br />

will be recognised at the<br />

Women in Resources<br />

Tasmania Awards <strong>2018</strong>.<br />

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

and Energy Council in<br />

conjunction with the AusIMM<br />

Women in Mining<br />

Network Tasmania will<br />

launch the awards on<br />

<strong>February</strong> 8.<br />

Karen Ashley (Grange<br />

Resources, Exceptional<br />

Woman in Tasmania<br />

Resources 2017), Rose<br />

Lindner (Exceptional<br />

Young Woman in Tasmania<br />

Resources 2017) and<br />

Alana Phegan (Bell Bay<br />

Aluminium, Outstanding<br />

Tradeswoman, Operator<br />

or Technician in Tasmania<br />

Resources 2017) will<br />

share some of their reflections<br />

and experiences<br />

after their successful<br />

participation in the 2017<br />

Awards.<br />

TMEC Chief Executive<br />

Officer Wayne<br />

Bould said the awards<br />

promoted the great careers<br />

for women in the<br />

resources sector.<br />

Mr Bould said the industry<br />

was striving to<br />

increase female participation<br />

with the goal of at<br />

least 20 per cent women<br />

in non-traditional roles<br />

by 2020.<br />

The six key categories<br />

are:<br />

• Exceptional Woman<br />

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

• Exceptional Young<br />

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

Resources (open to nominees<br />

30 years of age and<br />

under as at 30 June <strong>2018</strong>)<br />

• Gender Diversity<br />

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

resources<br />

• Excellence in Diversity<br />

Programs and Performance<br />

• Outstanding <strong>Tasmanian</strong><br />

tradeswomen, operator<br />

or technician<br />

• Exceptional Woman<br />

in a Non-Executive<br />

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

(This is a new<br />

category this year and is<br />

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

Awards).<br />

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ADVERTISEMENT<br />

Open letter to the Labor Party from <strong>Tasmanian</strong> gaming pubs and clubs<br />

To the <strong>Tasmanian</strong> Labor Party,<br />

Why have you completely changed your position on the issue of gaming machines in pubs and clubs? At the<br />

outset of the Joint Select Committee into gaming, your party said it would be guided by its recommendations.<br />

The Shadow Treasurer and Member for Denison sat on that Committee for over 12 months and after hearing all<br />

the evidence, voted:<br />

- Against the motion that machines be removed from hotels and clubs<br />

- For the motion endorsing a venue operator model<br />

Both of these motions were adopted by the Committee.<br />

Since Labor announced it would support the Greens to remove gaming machines from pubs and clubs, a survey<br />

of the undersigned revealed 5,100 jobs would be impacted, with a minimum of 1,000 jobs likely to be lost. Added<br />

to this, some $70 million in future capital investment by pubs and clubs has been put on hold while a further<br />

$150 million will be wiped off their value.<br />

This does not take into account the many thousands of businesses throughout Tasmania that are dependent on<br />

pubs and clubs for their livelihood or the hundreds of thousands of dollars per annum given by pubs and clubs to<br />

local sporting clubs and charities.<br />

Can we trust anything Labor says in the lead up to the State Election or do you think the voters are stupid?<br />

Signed,<br />

Black Stallion<br />

Riverside Hotel<br />

Mowbray Hotel<br />

Gateway Inn<br />

Granada Tavern<br />

Carlyle Hotel<br />

Beach Hotel<br />

Beauty Point Waterfront<br />

Hotel<br />

Bridport Hotel<br />

Central Hotel Hobart<br />

Club Hotel<br />

Brighton Hotel<br />

Risdon Brook Hotel<br />

Cock & Bull British Pub<br />

Regent Hotel<br />

Comfort Inn Burnie –<br />

Townhouse Hotel<br />

Cooleys Hotel<br />

Mornington Inn<br />

Black Buffalo Hotel<br />

Beachfront Bicheno<br />

Kingston Hotel<br />

Kings Meadows Hotel<br />

Beltana Hotel<br />

Deloraine Hotel<br />

Dodges Ferry Café and Bar<br />

Foreshore Tavern<br />

Bayside Inn<br />

Olde Tudor Inn<br />

Elimatta Hotel<br />

Empire Hotel Queenstown<br />

Exeter Hotel<br />

Glenorchy RSL<br />

Grand Hotel<br />

Grays Hotel<br />

Heemskirk Motor Inn<br />

Kendalls Hotel<br />

Lords Hotel<br />

Marquis Hotel<br />

Midway Point Tavern<br />

New Norfolk Hotel<br />

Orford Blue Waters Hotel<br />

Pembroke Hotel<br />

Pier Hotel Motel<br />

Plough Inn<br />

Queens Head Hotel<br />

Queens Head Inn<br />

Queenstown Railway<br />

Hotel<br />

Ravenswood Over 50 Club<br />

Regatta Point Tavern<br />

Shearwater Resort & Tavern<br />

Sheffield RSL and Citizens<br />

Club<br />

Shoreline Hotel<br />

Snug Tavern<br />

St Helens RSL Club<br />

Star and Garter Hotel<br />

Tall Timbers Hotel Motel<br />

Argosy Motor Inn<br />

Alexander Hotel<br />

Formby Hotel<br />

River Arms<br />

Lighthouse Hotel<br />

Somerset Hotel<br />

Bridge Hotel<br />

Seabrook Hotel<br />

Neptune Grand<br />

Top of the Town Hotel Motel<br />

TRC Hotel<br />

Ulverstone RSL<br />

Brooker Inn<br />

Valern Hotel<br />

Elwick Hotel<br />

Derwent Tavern<br />

Waterfront Hotel<br />

Claremont Hotel<br />

Hotel Tasmania<br />

Newstead Hotel<br />

Furners Hotel<br />

Hotel Federal<br />

Molly Malones<br />

Mackeys Hotel<br />

Welcome Stranger Hotel<br />

Wharf Hotel<br />

WRITTEN AND AUTHORISED BY MICHAEL BEST, LOVE YOUR LOCAL, 6-10 STEELE STREET, DEVONPORT, 7310


12 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong><br />

FOCUS ON BUSINESS<br />

Is your business<br />

roadworthy?<br />

DIRECTORS who scale up their knowledge<br />

of strategy and disruptive innovation can<br />

better support leadership teams, says outgoing<br />

NRMA chair Kyle Loades (FAICD).<br />

The NRMA, Australia’s oldest and largest<br />

member-owned, mutual motoring-services<br />

organisation, has 2.6 million members and a<br />

history stretching back 97 years.<br />

Mr Loades looked to the future and realised<br />

that NRMA’s private-ownership roadside<br />

service membership model was under<br />

threat by self-driving vehicles and the rise of<br />

car sharing.<br />

In 2016, the board hired Rohan Lund (formerly<br />

with Foxtel and Seven West Media),<br />

a CEO strong on digital technology, strategy<br />

and innovation. His new leadership team is<br />

executing a rapid, company-wide transformation<br />

strategy.<br />

Meanwhile, Loades decided he needed to<br />

skill up. He recently took a Harvard <strong>Business</strong><br />

School HBX online course (US$1500)<br />

in disruptive strategy with innovation expert<br />

Clayton Christensen.<br />

Loades argues that the rapid pace of<br />

change requires boards to quickly come to<br />

grips with new developments.<br />

“The Disruptive Strategy course ran<br />

through some common sense things that are<br />

best practice, like how to identify different<br />

types of innovation and disruption, and<br />

predict when it’s going to happen in your<br />

industry,” Mr Loades said.<br />

Amazon is a prime example of a 21st<br />

century approach to agile logistics.<br />

“Rather than become a victim of disruption,<br />

you learn to predict it, to get on the<br />

front foot.”<br />

Using digital disruption business models,<br />

the course also focused on what causes<br />

consumers to buy products and why — then<br />

identified “pain points” for customers.<br />

“Legacy business have built successful<br />

products without visiting how we can do<br />

more to make people continue to buy from<br />

us,” says Mr Loades.<br />

“If you’re asking those questions every<br />

year, you should be making changes every<br />

year. You need to break down the whole<br />

service delivery process — and what the<br />

pain points are, where service delivery falls<br />

down — and create a service delivery path<br />

around that knowledge. That’s what the<br />

tech titans have done to achieve continuous<br />

growth. Legacy businesses must do that to<br />

keep up.”<br />

Mr Loades finishes his NRMA term<br />

in December after 12 years on the<br />

board, including four as chair.<br />

But, for him, the learning doesn’t<br />

stop. Next is a 12-month course at<br />

the Australian National University;<br />

the Transformational Leadership<br />

Program is designed to help leaders<br />

of large organisations with legacy<br />

systems, processes and organisational<br />

cultures adapt to a volatile and rapidly<br />

changing macro-economic environment<br />

and technological disruption.<br />

“The focus on disruption is often on<br />

startups and new companies, when<br />

the biggest challenge is transforming<br />

legacy organisations that have<br />

to move from old to new organisational<br />

approaches,” he says.<br />

“There’s an Amazon equivalent<br />

coming for everyone. The more<br />

you can prepare your organisation<br />

to be more agile, to lower its cost<br />

base, to transform and incorporate brand<br />

values, the better.<br />

NRMA, meanwhile, has rapidly reduced<br />

its cost base and invested in startups such<br />

as Divvy share parking. It has also put $10<br />

million into an electric vehicle fast-charging<br />

network that’s free for members.<br />

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<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 13<br />

FOCUS ON BUSINESS<br />

Time for workplace health check<br />

<strong>Tasmanian</strong> businesses are being<br />

urged to take a workplace health<br />

and wellbeing check<br />

HOW does your workplace<br />

health and wellbeing<br />

culture stack up?<br />

Is yours an ageing<br />

workforce? Are your<br />

workers engaged with<br />

the message of health<br />

and wellbeing and what<br />

it means to them not just<br />

at work, but in all areas<br />

of their lives?<br />

Are senior management<br />

messages and activities<br />

consistent with<br />

the expectations and application<br />

on the ground?<br />

For positive and sustainable<br />

change to occur<br />

within your business, all<br />

of these elements need<br />

to be considered and addressed.<br />

Research shows that<br />

businesses that implement<br />

workplace health<br />

and wellbeing programs<br />

can benefit from increased<br />

employee engagement,<br />

productivity<br />

and staff retention, reduced<br />

workplace injuries<br />

and a reduction in sick<br />

leave.<br />

We work with many<br />

businesses across Tasmania<br />

that are truly committed<br />

to improving the<br />

health and wellbeing of<br />

their employees and often<br />

see a common theme<br />

within the key issues that<br />

need to be addressed, including:<br />

• With Tasmania recording<br />

the oldest population<br />

in Australia, it is<br />

important to understand<br />

how ageing may impact<br />

a worker’s capability<br />

and to investigate small<br />

adjustments to help offset<br />

these effects, ensuring<br />

your workplace can<br />

be safer, healthier and<br />

more productive for your<br />

entire workforce.<br />

• Employee engagement<br />

is a key factor that<br />

we come across time<br />

and time again in our<br />

dealings with businesses<br />

across the state. Put<br />

simply, for your health<br />

and wellbeing efforts to<br />

be successful you need<br />

engagement from both<br />

the employees who will<br />

benefit, and the managers<br />

who support the program.<br />

Employees who can<br />

see a strong personal<br />

Workplace health programs need to be monitored as much as blood pressure.<br />

benefit in participating<br />

in the program are more<br />

likely to get involved and<br />

support the program.<br />

• Ensure your program<br />

has ownership with senior<br />

management and<br />

that they “are walking<br />

the talk”.<br />

• Involve everyone by<br />

being aware of the differing<br />

needs, learning<br />

styles, and health knowledge<br />

of your team members<br />

and ensure you use<br />

a wide range of communication<br />

tools to promote<br />

your health messages<br />

and address these differences.<br />

• Monitor and evaluate<br />

your program. The<br />

old saying that you can’t<br />

manage what you can’t<br />

measure is certainly true<br />

in workplace health.<br />

Keeping tabs on how<br />

your program is doing<br />

is the only way to know<br />

whether or not it is working.<br />

Evaluating your ac-<br />

tivities might include<br />

surveying employees,<br />

reviewing participation<br />

rates and evaluating<br />

these against your initial<br />

program goals.<br />

Getting on the front<br />

foot and pro-actively<br />

engaging and managing<br />

these issues in workplaces<br />

across Tasmania will<br />

not only help reduce the<br />

overall operating costs<br />

for businesses through<br />

reduced absenteeism,<br />

lost time through injury,<br />

and compensation<br />

claims, but it will also<br />

make Tasmania an even<br />

greater place to live and<br />

work through a positive<br />

health and wellbeing culture<br />

across all areas of<br />

people’s lives.<br />

If your workplace<br />

health and wellbeing culture<br />

doesn’t stack up and<br />

you’re looking for assistance<br />

to get it right, you<br />

might be interested in<br />

the services offered by<br />

the new partnership between<br />

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

Performance Group and<br />

StLukesHealth.<br />

For more information<br />

about the services on<br />

offer simply visit www.<br />

hpbg.com.au.


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<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 15<br />

APPOINTMENTS and ANNOUNCEMENTS<br />

IN BRIEF<br />

APPOINTMENTS<br />

Funds flow to<br />

UTAS relocation<br />

CONSTRUCTION activity will<br />

start at Inveresk very soon with site<br />

preparation under way for the significant<br />

transformation of Launceston’s<br />

educational precinct.<br />

Prime Minister Malcolm Turnbull<br />

visited Launceston last month to announce<br />

that $130 million in Commonwealth<br />

funding is now flowing<br />

for the university relocation to Inveresk.<br />

University of Tasmania Acting<br />

Vice-Chancellor Professor Mike<br />

Calford welcomed the announcement,<br />

which represents half of the<br />

Northern Transformation project’s<br />

$260 million budget.<br />

“The support we have received<br />

from local, State and Federal Governments<br />

has been enormous and,<br />

for a project as ambitious and important<br />

as the Northern Transformation,<br />

absolutely necessary,” Professor<br />

Calford said.<br />

“Together, we will turn Launceston<br />

into a university city, stimulating<br />

economic growth and jobs, strengthening<br />

local communities and lifting<br />

educational attainment.”<br />

Crucial land transfers were completed<br />

in October to allow the vision<br />

contained in the master plan to be<br />

fully realised. As we go to print the<br />

expressions of interest process to select<br />

the managing architect was set<br />

to begin.<br />

Education a<br />

key element<br />

EDUCATION is a key element in a<br />

new project to transform Launceston<br />

into one of Australia’s leading smart<br />

cities.<br />

The Greater Launceston Transformation<br />

Project will use smart technology<br />

and big data to both connect<br />

the city, and to reveal it in new ways.<br />

The University of Tasmania is a<br />

partner in the project alongside the<br />

State and Federal Governments, the<br />

Launceston, West Tamar, Meander<br />

Valley and George Town councils,<br />

and Telstra.<br />

Pro-Vice Chancellor (Community,<br />

Partnerships and Regional Development)<br />

Professor David Adams said<br />

the project would see collaboration<br />

across four streams: innovation, a<br />

digital city, digital opportunities for<br />

industry, and education and employment<br />

pathways.<br />

Professor Adams said the project<br />

University of Tasmania Acting Vice-Chancellor Professor Mike Calford, left, with Treasurer Peter Gutwein<br />

and Prime Minister Malcolm Turnbull welcoming the funding starting to flow.<br />

would build on earlier work to cover<br />

the city with an Internet of Things<br />

(IoT) network.<br />

“We welcome the launch of this<br />

partnership today because it brings<br />

with it a number of exciting opportunities<br />

for improving educational<br />

outcomes in the region,” Professor<br />

Adams said.<br />

“This project will provide us with<br />

invaluable data and analytics about<br />

where our students are coming from,<br />

how they are making their decisions<br />

about where and what to study, and<br />

what the region’s skills demands will<br />

be over the next 10 years.<br />

Eddystone export<br />

wine wins<br />

ACCOLADE Wines’ Eddystone<br />

Point Tasmania Pinot Noir 2016,<br />

signature wine from producer Bay<br />

of Fires, has been announced as<br />

the winner of the inaugural Export<br />

Wine of Show International Judges<br />

Trophy at the <strong>2018</strong> <strong>Tasmanian</strong> Wine<br />

Show Awards.<br />

The Eddystone Point label was<br />

praised for its success in opening up<br />

markets in the UK.<br />

This year’s <strong>Tasmanian</strong> Wine Show<br />

Awards brought together the best of<br />

Tasmania’s wine industry and the<br />

finest <strong>Tasmanian</strong> vintages on offer<br />

with 19 trophies chosen from 34<br />

gold medals.<br />

Wine exports from Tasmania are<br />

worth $3.7 million in sales to the<br />

state each year.<br />

Dairy<br />

development<br />

DAIRY giant Fonterra has committed<br />

to investing almost $12 million<br />

in upgrading <strong>Tasmanian</strong> dairy plants.<br />

The total investment by Fonterra<br />

in North West Tasmania and Victoria<br />

is about $165 million across seven<br />

manufacturing sites.<br />

The <strong>Tasmanian</strong> commitment consists<br />

of $9.7 million for an expansion<br />

at the Fonterra Wynyard site to increase<br />

cheddar production and $1.8<br />

million to increase the lactose processing<br />

capacity at Spreyton.<br />

Funding for<br />

job seekers<br />

QUEENSTOWN-based community<br />

organisation West Coast Connect<br />

will receive additional funding to<br />

support their work improving the job<br />

readiness of local job seekers.<br />

Braddon MHR Justine Keay said it<br />

had received $6,250 under the Braddon<br />

Stronger Communities Program<br />

to purchase additional machines.<br />

“West Coast Connect works in<br />

partnership with Skills Tasmania and<br />

TAFE to provide small construction<br />

and furniture making skills for local<br />

job seekers in Queenstown,” she<br />

said.<br />

Property<br />

Plaudits<br />

A HERITAGE heritage development<br />

in Hobart, student apartments in Launceston<br />

and the Three Capes Track are<br />

up for national recognition at the <strong>2018</strong><br />

Property Council of Australia/Rider<br />

Levett Bucknall Innovation and Excellence<br />

Awards.<br />

Hobart’s 40 Molle Street, driven by<br />

Nekon Pty Ltd, is a finalist in four categories<br />

including Best Heritage Development<br />

and Best Project Innovation.<br />

The University of Tasmania’s Inveresk<br />

Student Apartments project is a<br />

finalist in the Best Sustainable Development<br />

– New Buildings award while<br />

the Three Capes Track is competing in<br />

the Best Tourism & Leisure Development<br />

category.<br />

Winners will be announced in<br />

Sydney on Friday May 11.<br />

University<br />

College<br />

Appointment<br />

NORTH-West industry leader, education<br />

advocate and innovator Lee<br />

Whiteley will take charge of the<br />

University of Tasmania University<br />

College from March.<br />

Mr Whitely has been appointed<br />

as Chief Executive, a key position<br />

aiming to further drive the college<br />

as a competitive, world-class course<br />

provider.<br />

First graduating from TAFE as an<br />

automotive electrician more than 30<br />

years ago, Mr Whiteley has most recently<br />

held the positions of Executive<br />

General Manager at Elphinstone<br />

Pty Ltd and Managing Director of<br />

Southern Prospect.<br />

He has more than 20 years of<br />

global experience in senior manufacturing<br />

roles.<br />

“His notable experience across industry<br />

and well-established ties both<br />

locally and abroad will play a crucial<br />

role in expanding and developing<br />

new education and training partnerships<br />

offered by the College,”<br />

Acting University Vice-Chancellor<br />

Professor Mike Calford said.<br />

TAFE<br />

update<br />

Lee Whiteley<br />

A NEW senior level change manager<br />

will be appointed at TasTAFE to<br />

oversee implementation of the Tas-<br />

TAFE investigative audits.<br />

Education Minister Jeremy<br />

Rockliff said TasTAFE had recently<br />

received the second quarter update<br />

fon their independent audits,<br />

which includes recommendations<br />

in the areas of procurement and<br />

consultancy services, conflicts of<br />

interest, and personal benefits.<br />

• Master Keying<br />

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PROPERTY MATTERS<br />

<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - FEBRUARY <strong>2018</strong> 16<br />

Confidence in retail continues<br />

Scott Newton<br />

Property Matters with<br />

Knight Frank<br />

In this month’s editorial, Matthew Wright,<br />

our retail sales and leasing specialist,<br />

gives an update on the retail sector of<br />

Hobart’s property market.<br />

THE Knight Frank team is<br />

delighted to be back in <strong>2018</strong><br />

with more news and updates<br />

on the <strong>Tasmanian</strong> real estate<br />

market.<br />

The 2016/17 financial year<br />

proved to be another strong<br />

year for the retail sector in<br />

Tasmania.<br />

Since mid 2013, retail turnover<br />

has shown consistent<br />

levels of growth.<br />

The Australian Bureau of<br />

Statistics (November 2017)<br />

reported that retail sales figures<br />

were strong and reflected<br />

a 1.8% increase in the last<br />

12 months.<br />

The Commonwealth Bank<br />

State of the States October<br />

2017 article outlines Tasmania’s<br />

retail spending increased<br />

9.9 per cent on the<br />

decade average spend, which<br />

put Tasmania up two spots to<br />

fourth in Australia.<br />

The Hobart market has<br />

seen further change throughout<br />

the 2017 year with a number<br />

of exciting new national<br />

retailers joining the CBD.<br />

New retailers that opened<br />

in the Hobart CBD in 2017<br />

are: Platypus Shoes, Jack<br />

London and Bailey Nelson.<br />

Hobart’s growing reputation<br />

as one of the world’s best<br />

produce and restaurant destinations<br />

has been further enhanced<br />

with restaurants such<br />

as Landscape Bar and Grill,<br />

Aloft, Templo, Susie Luk,<br />

Kositan Japanese, Dier Makr,<br />

The Agrarian Kitchen, Fico,<br />

and Etties.<br />

Last year saw the opening<br />

of Mac 1 hotel, Australia’s<br />

first story telling hotel which<br />

also features some leading<br />

hospitality and retail offerings<br />

including, Old Wharf<br />

Restaurant, The Story Bar<br />

and the Lounge (Frogmore<br />

Creek’s restaurant).<br />

More exciting retail offerings are coming this year.<br />

There are more exciting retail<br />

offerings set to open into<br />

<strong>2018</strong>.<br />

The long-awaited and anticipated<br />

opening of the<br />

completion of the Myer Icon<br />

Complex is due to take place<br />

in April <strong>2018</strong>.<br />

Leading international and<br />

national retailers Mecca Cosmetics,<br />

Scotch & Soda, and<br />

Country Road are all set to<br />

open, plus some leading local<br />

retailers and food operators.<br />

This is a very exciting development<br />

for greater Hobart.<br />

The past 12 months have<br />

seen another large volume of<br />

freehold retail sales transact.<br />

This is on the back of historically<br />

low interest rates,<br />

improved confidence in the<br />

overall <strong>Tasmanian</strong> economy,<br />

and a larger pool of buyers<br />

driven by interstate and international<br />

purchasers.<br />

This has led to recent<br />

sales showing strengthening<br />

yields, particularly for those<br />

in the inner CBD and other<br />

strong retailing locations, and<br />

having long lease tenure to<br />

strong tenants.<br />

Yields for strip retail premises<br />

in the southern region are<br />

typically in the range of six to<br />

eight per cent with the lowest<br />

yield occurring in the CBD at<br />

five per cent.<br />

Strip retail locations to<br />

have transacted over the past<br />

12 months include 109-113<br />

Liverpool Street, Hobart,<br />

known as Mathers Lane; 93<br />

Elizabeth Street, Hobart; 87<br />

Harrington Street, Hobart; 35<br />

Murray Street, Hobart; 15-19<br />

Elizabeth Street, Hobart, 180-<br />

184 Elizabeth Street, Hobart,<br />

139 Liverpool Street, Hobart,<br />

and 52 Melville Street, Hobart.<br />

PROPERTY VIEW<br />

FEBRUARY <strong>2018</strong><br />

SOLD<br />

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

HIGH EXPOSURE, POPULAR LOCATION<br />

28 McIntyre Street, Mornington<br />

• Land area: 1,770sqm (approx).<br />

• Clearspan warehouse of 270sqm (approx) with<br />

showroom/offices of 100sqm (approx).<br />

• Amenities and mezzanine floor.<br />

• Three-phase power, data network, alarm system,<br />

pallet racking, customer and staff parking.<br />

• Heavy load rated hardstand of 1,000sqm (approx).<br />

• Opposite new Bunnings Warehouse next<br />

to South Arm Highway. Excellent signage<br />

opportunities to promote your business.<br />

• 10 minutes to Hobart CBD, 15 minutes to<br />

Hobart International Airport.<br />

Ian Reed 0419 670 501<br />

Scott Newton 0409 186 261<br />

View at KnightFrank.com.au/4028733<br />

Sold<br />

LANDMARK CBD OPPORTUNITY<br />

169 Liverpool Street, Hobart<br />

• Landmark 7 level commercial building; NLA<br />

2,886sqm (approx).<br />

• High profile corner position within the CBD,<br />

100m (approx) from the central retail block.<br />

• Fully leased to IOOF, an ASX-listed top 100<br />

company, until 30 June 2019.<br />

• Estimated Net Passing Income of $762,462 pa<br />

+ GST.<br />

• Each level is strata titled with total strata area<br />

of 3,726sqm (approx), plus additional freehold<br />

parcel of 186sqm (approx) used for car parking<br />

for approximately 13 cars.<br />

Richard Steedman 0408 559 046<br />

Scott Newton 0409 186 261<br />

View at KnightFrank.com.au/3909265<br />

LEASED<br />

For sale by Expression of Interest<br />

CBD DEVELOPMENT OPPORTUNITY<br />

153 Macquarie Street, Hobart<br />

• Prominent corner site in a core CBD location,<br />

superb exposure to Macquarie Street, one of<br />

Hobart’s main arterial roads.<br />

• Multi-tenanted building with good holding<br />

income, flexibility with existing tenants’ terms.<br />

• A good investment opportunity with<br />

development upside (STCA).<br />

• c1910 brick building with attractive facade.<br />

• Land area: 191sqm (approx).<br />

• Building area: 508sqm (approx).<br />

Matthew Wright 0458 290 588<br />

Scott Newton 0409 186 261<br />

View at KnightFrank.com.au/4034976<br />

Leased<br />

STANDOUT MACQUARIE ST POSITION<br />

179 Macquarie Street, Hobart<br />

• Modern retail/bulky goods retail site.<br />

• Includes basement/storage of 643sqm*, ground<br />

floor showroom of 1,301sqm*, and first floor<br />

showroom of 675sqm*.<br />

• Exposure to over 30,000 cars on an average day.<br />

• Over 15 on-site car parks for customers plus<br />

plenty of parking on Macquarie Street.<br />

• Situated in a core position surrounded by a<br />

number of leading hotels and local businesses.<br />

• A ‘must consider’ for large format retail and<br />

showroom in Hobart.<br />

(*approx)<br />

Matthew Wright 0458 290 588<br />

View at KnightFrank.com.au/3948837<br />

5 Victoria Street, Hobart 41 York Street, Launceston Shop 8, 48-54 Oldaker Street, Devonport<br />

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

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