Tasmanian Business Reporter June 2018
Welcome to the June edition of the Tasmanian Business Reporter. This month, as parliament settles in after the unexpected events of its first week, Editor Tom O'Meara takes a look into what can be expected from the upcoming State Budget, with strong development and expenditure predicted in areas of health, education and tourism. We'll also bring you the details of the $119.6 million boost for TasRail's capacity to deliver freight around the state, the $190 million hardwood mill for Hampshire in the north west and the purchase of Hobart's Midcity Hotel by the University of Tasmania.
Welcome to the June edition of the Tasmanian Business Reporter.
This month, as parliament settles in after the unexpected events of its first week, Editor Tom O'Meara takes a look into what can be expected from the upcoming State Budget, with strong development and expenditure predicted in areas of health, education and tourism.
We'll also bring you the details of the $119.6 million boost for TasRail's capacity to deliver freight around the state, the $190 million hardwood mill for Hampshire in the north west and the purchase of Hobart's Midcity Hotel by the University of Tasmania.
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JUNE <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 12,000 M O N T H LY<br />
Tasrail<br />
on track<br />
Treasurer Peter Gutwein, left, congratulates<br />
Tasrail CEO Steven Dietrich on winning Federal<br />
funding for upgrades.<br />
The Federal Budget saw record<br />
infrastructure funding flow to<br />
Tasmania, with TasRail welcoming<br />
new funding for rail upgrades.<br />
Details page 3.<br />
Budget to<br />
boost jobs<br />
By TOM O’MEARA<br />
TASMANIANS can expect this<br />
month’s State Budget to boost<br />
expenditure – creating development,<br />
more jobs and a healthier<br />
economy.<br />
Treasurer Peter Gutwein’s fifth<br />
budget will open further opportunities<br />
for business to expand and<br />
create employment, while reducing<br />
the cost of living to assist the<br />
many <strong>Tasmanian</strong> families battling<br />
ever-increasing expenses.<br />
Mr Gutwein has turned around<br />
the <strong>Tasmanian</strong> economy by spending<br />
less and saving more and is<br />
now in a stronger position to grow<br />
the economy by delivering on<br />
election promises.<br />
This is despite the future of GST<br />
funding from the Federal Government<br />
remaining – although Prime<br />
Minister Malcom Turnbull has<br />
personally guaranteed that <strong>Tasmanian</strong>s<br />
will not be a cent worse off<br />
than under current funding.<br />
Treasury will receive a hefty<br />
windfall through a significant<br />
increase in stamp duty returns<br />
from record house sales and prices,<br />
particularly in Hobart, Launceston<br />
and Devonport.<br />
The Budget is expected to deliver<br />
record spending in health and<br />
education through infrastructure<br />
developments and 250 additional<br />
teachers over six years, 300 nurses<br />
and 200 doctors.<br />
The $689 million re-development<br />
of the Royal Hobart Hospital<br />
continues, with completion expected<br />
in mid-2019.<br />
The Government will invest<br />
$160 million to support better<br />
health in Northern Tasmania including<br />
development at the LGH<br />
of a new women and children’s<br />
precinct on top of the proposed<br />
4K project.<br />
The future of the $100 million<br />
co-located private hospital to replace<br />
the two ageing Calvary Hospital<br />
sites is still in the hands of<br />
Coordinator General John Perry.<br />
However the Treasurer<br />
and Health Minister Michael<br />
Ferguson would be unlikely to not<br />
support the $100m infrastructure<br />
Continued page 2<br />
S TAT E<br />
BUDGET<br />
BRIEFING<br />
FRIDAY 15 JUNE ▼ HOBART<br />
▼ LAUNCESTON ▼ BURNIE<br />
PRESENTED BY TREASURER<br />
PETER GUTWEIN MP<br />
BOOK NOW<br />
tcci.com.au 1300 559 122
2 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong><br />
NEWS<br />
Burnie celebrates big jobs boost<br />
Hampshire wins $190m mill<br />
Hobart<br />
HQ for<br />
Thomas<br />
Cook<br />
AUSTRALIA’S largest<br />
plantation-based hardwood<br />
mill and the first<br />
hardwood cross-laminated<br />
production plant is set<br />
to be built on the North<br />
West Coast.<br />
The Hermal Group<br />
has announced that an<br />
80-hectare site at Hampshire<br />
will be the preferred<br />
location of its $190 million<br />
timber mill and production<br />
facility.<br />
The State Government<br />
said Hermal’s focus on<br />
opportunities in Tasmania<br />
came after it was<br />
forced out of Australia’s<br />
biggest hardwood sawmill,<br />
when the Victorian<br />
Labor Government decided<br />
to slash wood supply<br />
by more than half.<br />
“The Hodgman Government<br />
is backing this<br />
game-changing Hampshire<br />
project and the<br />
hundreds of jobs it will<br />
provide with a $13 million<br />
grant and training<br />
support,” Resources<br />
Minister Guy Barnett<br />
said<br />
A loan of up to $30<br />
million also will be available.<br />
“I would like to acknowledge<br />
the work of<br />
the Coordinator-General,<br />
John Perry and his<br />
team for their hard work<br />
in helping bring Hermal<br />
to Tasmania.”<br />
Burnie City Council<br />
Mayor Boyd said<br />
the announcement was<br />
Braddon<br />
Liberal<br />
candidate<br />
Brett<br />
Whiteley, left,<br />
Hermal<br />
Senior<br />
Manager<br />
Special<br />
Projects,<br />
James<br />
Lantry,<br />
Resources<br />
Minister<br />
Guy<br />
Barnett and<br />
Burnie<br />
Mayor<br />
Alvwyn Boyd<br />
at the<br />
proposed<br />
Hampshire<br />
site.<br />
great news for the region.<br />
“The project is set<br />
to bring $190m investment,<br />
generate more<br />
than 200 new jobs on<br />
completion and about<br />
160 jobs during the construction<br />
phase.<br />
“We know that longterm<br />
sustainable jobs<br />
are critical to our future<br />
not only in terms of direct<br />
employment, but in<br />
creating a great place<br />
to live, work and play<br />
through stronger communities,<br />
vibrant industry<br />
and diversity in our<br />
economy.<br />
Ald Boyd said council<br />
was mindful that there<br />
were still many steps to<br />
go before the project became<br />
a reality, including<br />
the assessment of a Development<br />
Application.<br />
“This is a process<br />
council must undertake<br />
independently by considering<br />
the application<br />
against clear criteria.<br />
“In this regard, council<br />
has a responsibility to<br />
its community to ensure<br />
those standards and requirements<br />
are upheld.”<br />
THOMAS Cook Money<br />
has established the company’s<br />
regional Asia Pacific<br />
headquarters in Hobart,<br />
signalling another<br />
boost to Tasmania’s local<br />
employment and economy.<br />
It will offer a range of<br />
travel money services including<br />
travel insurance,<br />
foreign exchange and a<br />
pre-paid travel card.<br />
Managing Director<br />
Mark Tarring said Tasmania<br />
was chosen as its<br />
headquarters because of<br />
its vibrancy and rapid<br />
growth in tourism, with<br />
increasing visitation from<br />
local and overseas travellers.<br />
“We are excited to<br />
grow the Thomas Cook<br />
Money team in Hobart,<br />
and we plan to increase<br />
our recruitment of local<br />
employees as we roll out<br />
the new suite of travel<br />
services and user-friendly<br />
digital products,” Mr Tarring<br />
said.<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 />
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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 />
State Budget to boost jobs<br />
From page 1<br />
spend, which would also<br />
increase hospital services<br />
in the North and North<br />
West.<br />
The East Coast hospital<br />
at St Helens will receive<br />
funding as will the<br />
$21 million King Island<br />
health centre.<br />
We can also expect allocations<br />
for consultation<br />
for the $20 million Penguin<br />
District School as a<br />
K-12 school; a $22 million<br />
rebuild of the Sorell<br />
School as a K-12 school<br />
and $20 million rebuild<br />
of Cosgrove High School<br />
to year 12.<br />
The booming tourism<br />
sector will be strongly<br />
supported with $30<br />
million matching Federal<br />
money for the development<br />
of a cable way<br />
and facilities at Cradle<br />
Mountain.<br />
Funding will be available<br />
for the feasibility<br />
studies for Tasmania’s<br />
next iconic walk following<br />
the massive response<br />
to the Three Capes Track<br />
for walkers from around<br />
the world.<br />
It’s clear there is a<br />
market for another walk<br />
and the Government is<br />
putting aside $20 million<br />
with $18.5 million available<br />
to develop and construct<br />
the multi-day bush<br />
walk.<br />
<strong>Business</strong> will continue<br />
to be supported for<br />
employing apprentices<br />
and trainees via payroll<br />
tax reduction and the extension<br />
of Agri-growth<br />
Loans Scheme with a<br />
further $20 million in<br />
low interest loans.<br />
Other projects likely<br />
to be funded are the<br />
relocation of the DPIP-<br />
WE offices and 100 staff<br />
positions to the North<br />
and North West and the<br />
recruitment of Agri-<br />
Growth Liaison Officers.<br />
Under the Affordable<br />
Housing Action Plan<br />
the Government is looking<br />
to an additional $125<br />
million, or a $200 million<br />
spend over 10 years,<br />
with 2400 homes to be<br />
made available.<br />
The Budget is also expected<br />
to outline a series<br />
of cost-capping including<br />
Hydro and TasWater<br />
costs and many are calling<br />
for local government<br />
rates to be capped after<br />
Glenorchy’s threatened<br />
huge increase.<br />
The Treasurer is also<br />
adamant that Public Servants<br />
pay increases will<br />
be capped at 2 per cent -<br />
which will be welcomed<br />
by private enterprise.<br />
Managing Editor: Tom O’Meara<br />
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Editor: Becher Townshend<br />
0418 370 661<br />
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Publisher:<br />
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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 12,000 M O N T H LY<br />
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 3<br />
Hotel makeover by degrees<br />
THE University of Tasmania<br />
has bought the<br />
Midcity Hotel in central<br />
Hobart to provide additional<br />
student accommodation.<br />
Refurbishment planning<br />
is under way to<br />
ensure it can house 140<br />
students in time for Semester<br />
2 this year, which<br />
starts with Orientation<br />
Week on 9 July.<br />
University of Tasmania<br />
Vice-Chancellor Professor<br />
Rufus Black said<br />
the project would have<br />
a significant impact on<br />
meeting demand for student<br />
housing.<br />
“We are very aware of<br />
the tightening housing<br />
market in Hobart and the<br />
impact this is having on<br />
individuals, families and<br />
the broader community,”<br />
Professor Black said.<br />
“That’s why we’ve<br />
been working on innovative<br />
projects that we can<br />
act on quickly to address<br />
these pressures in the<br />
immediate term while<br />
continuing to develop<br />
further student housing<br />
options in the medium<br />
term.”<br />
The university has significantly<br />
increased the<br />
number of student beds<br />
it provides over the past<br />
several years as student<br />
numbers have grown,<br />
and more accommodation<br />
is planned.<br />
While the refurbish-<br />
Cat comfort earns distinction<br />
A STUDY into reducing<br />
the motion and improving<br />
the ride comfort of<br />
high-speed wave piercing<br />
catamarans has won<br />
a leading international<br />
maritime research prize.<br />
AMC School of Engineering<br />
lecturer and<br />
Doctor of Philosophy<br />
(Maritime Engineering)<br />
graduate, Dr Javad AlaviMehr,<br />
pictured, and<br />
his team were awarded<br />
the Medal of Distinction<br />
for best research paper<br />
through the Royal Institution<br />
of Naval Architecture.<br />
Dr AlaviMehr investigated<br />
the response of<br />
a high-speed catamaran<br />
to an active ride control<br />
system by conducting<br />
scale model experiments<br />
in AMC’s towing tank,<br />
based on a 112-metre<br />
Incat catamaran.<br />
“The operation of<br />
high-speed catamarans<br />
in large waves<br />
can produce significant<br />
motions that can lead<br />
to passenger discomfort,<br />
as well as extreme<br />
loadings during full bow<br />
immersion and wave<br />
slam impact,” he said.<br />
“These large loads<br />
and motions can be<br />
effectively reduced<br />
through the implementation<br />
of a ride control<br />
system that can<br />
significantly reduce the<br />
extreme loads sustained<br />
by the hull girder and<br />
reduce the incidence<br />
of motion sickness for<br />
passengers on-board the<br />
vessel.”<br />
The findings from<br />
Dr AlaviMehr’s work<br />
provide an insight into<br />
the motions control<br />
response and form the<br />
foundation for future<br />
investigations exploring<br />
optimal control algorithms.<br />
ment of the Midcity<br />
Hotel, on the corner of<br />
Elizabeth and Bathurst<br />
Streets, will deliver 140<br />
beds, further works will<br />
lift that number to more<br />
Midcity Motel, left,<br />
and University vice<br />
Chancellor Rufus<br />
Black.<br />
than 170 by the start of<br />
Semester 1, 2019.<br />
It follows the March<br />
announcement that it<br />
had secured private investment<br />
funding to underwrite<br />
a new student<br />
complex of about 430<br />
beds, worth more than<br />
$70 million, at 40 Melville<br />
Street. Work on<br />
this project is progressing<br />
and is expected to be<br />
completed in 2020.<br />
The combined capacity<br />
of all three new student<br />
accommodation<br />
developments in the Hobart<br />
CBD is about 1,040<br />
beds.<br />
“Tasmania is enjoying<br />
a period of remarkable<br />
growth,” Professor<br />
Black said.<br />
“That growth brings<br />
benefits, from the economic<br />
to the cultural, but<br />
also challenges - challenges<br />
that with the right<br />
ideas and approaches, we<br />
can overcome.<br />
“The university will<br />
continue to play an important<br />
role in helping<br />
our city grow and adapt.”<br />
NEWS<br />
Funding<br />
on track<br />
for rail<br />
upgrade<br />
TASRAIL’s capacity to<br />
better deliver freight has<br />
been further enhanced,<br />
after the State and Federal<br />
Government’s commitment<br />
to funding Tranche<br />
Two of the $119.6 million<br />
Infrastructure Investment<br />
Fund.<br />
The Federal Government<br />
Budget confirmed<br />
that $59.8 million under<br />
the <strong>Tasmanian</strong> Freight<br />
Rail Revitalisation Program<br />
will soon flow,<br />
matching the State Government’s<br />
$59.8 million<br />
contribution.<br />
TasRail Chief Executive<br />
Officer Steven Dietrich<br />
said it was fantastic<br />
news for the company as<br />
well as for existing and<br />
new <strong>Tasmanian</strong> industry,<br />
for local contractors and<br />
for the wider <strong>Tasmanian</strong><br />
community.<br />
“This funding gives<br />
certainty to our existing<br />
highly-valued customers,<br />
as well as the new customers<br />
we are currently<br />
in negotiations with, that<br />
decades of deferred rail<br />
infrastructure spend is<br />
being addressed and that<br />
TasRail will further expand<br />
its capabilities of<br />
providing innovative logistics<br />
solutions,” Mr Dietrich<br />
said.<br />
As at April 30, <strong>2018</strong>,<br />
almost $92 million of the<br />
four-year $119.6 million<br />
Tranche One program has<br />
been invested by TasRail<br />
with critical rail infrastructure<br />
projects focusing<br />
on bridge strengthening,<br />
level crossing<br />
upgrades, track works and<br />
joint welding.<br />
So far, 106,936 sleepers<br />
have been replaced,<br />
105,927 metres of rail,<br />
113,681 metres of track<br />
tamped, 55,471 tonnes of<br />
ballast replaced, 3127 culverts<br />
rehabilitated and 30<br />
level crossing upgraded.<br />
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4 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong><br />
THOUGHT LEADERSHIP<br />
www.tcci.com.au<br />
Time for a drug and alcohol fix<br />
Michael<br />
Bailey<br />
TCCI Chief Executive<br />
IN Tasmania, many of us<br />
know of friends or family<br />
members who have a daily<br />
struggle with alcohol<br />
and drug issues.<br />
Sadly, more Australians<br />
are becoming addicted<br />
and in the workplace,<br />
this can present<br />
serious problems.<br />
I am not saying that it’s<br />
all the workers’ fault …<br />
or different workplace’s<br />
indifference or ignoring<br />
of a problem that exists<br />
under their collective<br />
noses every single day.<br />
There are many workplaces<br />
in Tasmania that<br />
are alcohol and drug<br />
“free”, where staff submit<br />
to daily testing as part of<br />
their employment contracts<br />
– mines and large<br />
industrial sites are perhaps<br />
the best examples.<br />
The reality is, when<br />
staff are affected by alcohol<br />
or drugs, their behaviour<br />
and state of mind<br />
and body can contribute<br />
massively to workplace<br />
accidents and mental<br />
health claims.<br />
My question is this:<br />
inspectors are able to go<br />
onto worksites to ensure<br />
safety and compliance<br />
is carried out, why can’t<br />
they do random drug or<br />
alcohol tests?<br />
It’s still part of ensuring<br />
a safe workplace.<br />
Transport inspectors<br />
and police can do it …<br />
they alcohol/drug test<br />
every day. And it’s done<br />
so that our roads and<br />
the drivers, cyclists and<br />
pedestrians on them are<br />
safe. So I can’t understand<br />
why workplace inspectors<br />
don’t.<br />
Sadly, I know of workplaces<br />
which don’t want<br />
to implement a fit for<br />
work, drug and alcohol<br />
policy, as they know<br />
some their workers will<br />
not comply.<br />
Or some workplaces<br />
refuse to test workers because<br />
they know some<br />
will fail and are concerned<br />
about losing some of their<br />
workforce.<br />
Some of the other excuses<br />
I have heard or had<br />
reported to me include:<br />
• <strong>Business</strong>es say they<br />
Drugs and alcohol are a known workplace hazard.<br />
will lose up to half their<br />
workforce if a “fit for work<br />
policy” was adhered to;<br />
• <strong>Business</strong>es will not<br />
test post-accident due to<br />
the high possibility of a<br />
worker being under the influence;<br />
• <strong>Business</strong> only test<br />
workers they know will<br />
pass, so not to have to dismiss<br />
workers in fear of not<br />
having enough to operate.<br />
Obviously, insurance<br />
claims can be refused if<br />
drugs or alcohol are involved<br />
in a work place accident,<br />
including workers<br />
compensation and plant<br />
and equipment replacement/repair<br />
insurance.<br />
Just like “Dr Google”,<br />
you can use the internet<br />
for a range of suggestions<br />
on how to pass drug tests<br />
at work.<br />
And we have all heard<br />
of workers who take<br />
someone else’s urine to<br />
work to pass a drug test<br />
… never mind the allegations<br />
against professional<br />
athletes!<br />
A South Australian<br />
study recently revealed<br />
that 24.2 per cent of emergency<br />
department presentations<br />
are caused by an<br />
accident or incident at industrial<br />
sites testing positive<br />
to alcohol or drugs.<br />
The study was conducted<br />
over a 12 month period<br />
(these findings do not distinguish<br />
between medically<br />
prescribed drugs or illicit<br />
drug use).<br />
And recent research has<br />
established that 25 million<br />
work days are lost annually<br />
due to drinking or drug<br />
use at a cost of more than<br />
$680 million.<br />
It’s estimated that alcohol<br />
and drug use cost<br />
Australian workplaces $6<br />
billion dollars a year in lost<br />
productivity.<br />
It impacts colleagues<br />
too - 1 in 10 workers say<br />
they have been affected by<br />
a co-workers’ misuse of<br />
drugs or alcohol –<br />
• Reduced ability to carry<br />
out tasks on their own<br />
without assistance,<br />
• Involvement in an accident,<br />
• Having to work extra<br />
hours due to someone not<br />
coming to work or being<br />
sent home.<br />
The Workplace Health<br />
& Safety Act imposes a<br />
duty on all workers not to<br />
recklessly endanger themselves<br />
or others in the<br />
workplace.<br />
Australia and Tasmania<br />
… we have a problem.<br />
Let’s fix it. For the health<br />
of our workers and their<br />
families … and the health<br />
of our workplaces.<br />
One workplace death is<br />
too many … but business<br />
and workers need to cooperate<br />
to overcome this<br />
insidious and semi-hidden<br />
plague.<br />
The TCCI has received<br />
strong and positive reaction<br />
to this issue from<br />
members statewide. We<br />
will now embark on a<br />
series of information<br />
sessions beginning with<br />
Smithton in early <strong>June</strong>.<br />
Turning 31?<br />
Get covered<br />
by <strong>June</strong> 30.<br />
Don’t have hospital cover? Time is running out.<br />
If you’ve turned, or about to turn 31 and don’t have<br />
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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 12,000 M O N T H LY<br />
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 5<br />
THOUGHT LEADERSHIP<br />
www.tcci.com.au<br />
Shipping change is coming<br />
Brett<br />
Charlton<br />
Agility Logistics<br />
I RECENTLY attended a<br />
round table event in Burnie<br />
held by the Department of<br />
State Growth and Trade. The<br />
Premier was in attendance as<br />
well as senior members of the<br />
department.<br />
The process was to discuss<br />
with exporters what they<br />
thought were the most pressing<br />
issues for Tasmania for<br />
the future for ongoing export<br />
success.<br />
Indeed the round table was<br />
labelled “<strong>Tasmanian</strong> Trade<br />
Strategy <strong>2018</strong>-2025” – this is<br />
the <strong>Tasmanian</strong> Government<br />
asking industry what it needs<br />
to do to assist in trade growth<br />
for the next eight years.<br />
Attendees were asked to<br />
consider a number of questions<br />
– the main one being<br />
“What is the number one issue<br />
impacting the capacity<br />
of your industry to grow exports?”<br />
Pretty much everyone in<br />
the room stated that freight<br />
was one of their biggest challenges<br />
(power charges and<br />
payroll tax came in second<br />
and third respectively).<br />
This got me thinking. I<br />
have been actively spruiking<br />
the shiny world of freight in<br />
Tasmania for some time now<br />
(direct international callers,<br />
upgraded capacity in new vessels,<br />
new vessel builds, TFES<br />
extension for export – by the<br />
way, this has been extended<br />
to 2022) – from my point of<br />
view the capacity and access<br />
story has been very good.<br />
But the perception is otherwise<br />
by the actual exporters<br />
and importers in Tasmania.<br />
Cost of freight, time to<br />
market, international direct<br />
ships, delays to cargoes – all<br />
these are raised as significant<br />
challenges to shippers (on the<br />
North West Coast on this particular<br />
occasion) that need to<br />
be discussed.<br />
Only three days earlier I<br />
attended the Global Shippers<br />
Forum in Melbourne where<br />
freight and logistics specialists<br />
from around the world<br />
attended to listen to speakers<br />
discuss our ever changing<br />
world.<br />
New King Island service launched<br />
KING Island’s shipping woes have<br />
hopefully been solved with the official<br />
launch of a new freight vessel,<br />
named after the island’s first lighthouse<br />
keeper.<br />
The 80-metre John Duigan will<br />
have double the capacity of previous<br />
ship Investigator II and can more than<br />
The topic of automation,<br />
security and data were mentioned<br />
in every presentation<br />
and you only have to look as<br />
far as Melbourne’s VICT to<br />
see one of the world’s most<br />
advanced automated terminals<br />
in action.<br />
Change is coming. One of<br />
the greatest changes is the<br />
evolution of e-commerce and<br />
the growth of this channel.<br />
meet the current freight and livestock<br />
demands of the Island, as well as having<br />
capacity for future growth.<br />
The $10 million ship will be operated<br />
by TasPorts’ subsidiary Bass Island<br />
Line on a weekly service departing<br />
Geelong on Sunday, departing Grassy,<br />
King Island on Monday and departing<br />
Consumers are turning more<br />
and more online to look to<br />
cheaper and faster deliveries<br />
of their goods – export full<br />
container volume ex-Australia<br />
rose 6 per cent in 2017….<br />
airfreight rose 30 per cent.<br />
Australia Post has its own<br />
e-commerce stores in China<br />
and door-to-door solutions for<br />
exporters in Australia.<br />
The changes are coming in<br />
The John<br />
Duigan<br />
that will<br />
finally<br />
solve King<br />
Island’s<br />
shipping<br />
woes.<br />
Bell Bay on Wednesday returning to<br />
Geelong.<br />
BIL’s intention is for Burnie to be<br />
the dedicated port for the service in<br />
the medium-term. The company’s<br />
website said the timing of the move<br />
to Burnie would be announced in due<br />
course.<br />
quick and fast and we need<br />
to keep abreast of the world<br />
above us.<br />
Of course it is not all without<br />
its challenges – capacity,<br />
security, tax collection,<br />
bio security – all of these<br />
come with a price tag (note<br />
– from 01st July <strong>2018</strong> GST<br />
is payable on imports under<br />
A$1000.00. The recent budget<br />
has a A$10.00 per container<br />
levy for biosecurity<br />
from July 2019.<br />
Reminder: On July 6,<br />
<strong>2018</strong> the <strong>Tasmanian</strong> Logistics<br />
Committee and Freight<br />
Trade Alliance will be partnering<br />
to hold the <strong>Tasmanian</strong><br />
Freight Forum at the<br />
University of Tasmania. The<br />
event was sold out last year<br />
so please secure your spots<br />
early.<br />
Strategies to maintain WHS momentum<br />
MANY workplaces have a well<br />
maintained WHS management<br />
system in place. The difficulty<br />
in ensuring the consistent use<br />
of the system is maintaining the<br />
momentum and enthusiasm.<br />
How can a business continue<br />
to have safety at the forefront of<br />
the employees mind?<br />
The first and most important<br />
aspect of maintaining the profile<br />
of workplace health and safety<br />
is the attitude of management<br />
toward safety.<br />
How can managers achieve<br />
this?<br />
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• Talk about the importance<br />
of safety at every opportunity;<br />
• if a safety issue arises, ensure<br />
it is dealt with appropriately<br />
and addressed;<br />
• ensure that safety is not<br />
watered down or forgotten<br />
when production demands increase;<br />
and<br />
• reward safe behaviour. • Actively engage the workers<br />
in the preparation and the<br />
The next issue that should<br />
be addressed is the engagement<br />
of the work force in the • if safety issues are identi-<br />
implementation of the system;<br />
implementation and the ongoing<br />
process of working safely. • provide training to emfied,<br />
encourage reporting;<br />
How can this be achieved? ployees to enable competency<br />
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Now incorporating<br />
in safety matters; and<br />
• ensure communication<br />
lines are open for safety issues.<br />
To maintain the profile of<br />
workplace health and safety<br />
once the system has been implemented<br />
it is essential that<br />
the initial motivation is not<br />
lost.<br />
How can this be achieved?<br />
• have, at a minimum, weekly<br />
tool box meetings discussing<br />
safety;<br />
• ensure management actively<br />
engages in the safety<br />
process;<br />
• continue to encourage the<br />
discussion around safety related<br />
matters;<br />
• review the processes that<br />
are used regularly; and<br />
• audit the system for use.<br />
THE CRAFT LIVES ON.<br />
If a workplace is able to<br />
keep the workplace health and<br />
safety process to the forefront<br />
of the business, it will not only<br />
ensure compliance to the WHS<br />
legislation but also provide a<br />
workplace that is committed<br />
to ensuring the success of the<br />
business<br />
For information on how<br />
to achieve this please<br />
contact Craig Hortle or<br />
Janelle Whitehouse at<br />
the TCCI on 1300 559 122<br />
or contact safety@TCCI.<br />
com.au
6 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong><br />
THOUGHT LEADERSHIP<br />
Opportunities abound<br />
after Singapore exhibit<br />
Sally<br />
Chandler<br />
Tradestart Adviser<br />
www.tcci.com.au<br />
Wage growth<br />
essential to<br />
secure future<br />
Anita<br />
Dow<br />
Shadow Minister for Economic<br />
and Regional Development<br />
THE four-day trade show<br />
Food & Hotel Asia <strong>2018</strong><br />
(FHA) was held in Singapore<br />
in April.<br />
FHA is held biennially<br />
and draws buyers from<br />
the South Asian region as<br />
well as exhibitors from<br />
many parts of the world.<br />
This year’s event attracted<br />
more than 55,000<br />
visitors from more than<br />
100 countries or regions.<br />
A record 3,526 exhibitors<br />
from 76 countries<br />
and regions covered<br />
119,500 square metres of<br />
exhibition space across<br />
two venues. There were<br />
72 international group<br />
pavilions.<br />
For the first time in six<br />
years, the trade unit at<br />
the Department of State<br />
Growth organised a stand<br />
for <strong>Tasmanian</strong> exhibitors.<br />
The stand in the Australian<br />
pavilion. was<br />
co-ordinated by Fransena<br />
Kennedy.<br />
Nine <strong>Tasmanian</strong> companies<br />
exhibited including<br />
Australian Honey<br />
Products, Juicy Isle, Hill<br />
Farm Preserves, Tas’Mania,<br />
Blue Hills Honey,<br />
Woodbridge Smokehouse,<br />
Daly Gourmet Potatoes,<br />
<strong>Tasmanian</strong> Gourmet<br />
Sauce Company and<br />
Tasman Sea Salt.<br />
I introduced Austrade<br />
business development<br />
managers from the nine<br />
South Asian offices of<br />
Singapore, Malaysia, Sri<br />
Lanka, Thailand, Myanmar,<br />
Indonesia, Brunei<br />
Darussalam, Vietnam<br />
and the Philippines to<br />
each <strong>Tasmanian</strong> exhibitor<br />
so that they in turn could<br />
introduce their appropriate<br />
visiting buyers to the<br />
companies and the excellent<br />
<strong>Tasmanian</strong> products<br />
on display.<br />
The <strong>Tasmanian</strong> products<br />
included several varieties<br />
of honey including<br />
Leatherwood and<br />
Manuka, honey mead<br />
with <strong>Tasmanian</strong> whisky,<br />
fruit juices, carbonated<br />
flavoured waters, mineral<br />
water, seeded and<br />
paste mustards, infused<br />
canola oils, canned abalone,<br />
cheese, fresh apples,<br />
smoked salmon<br />
and smoked trout, potato<br />
salad varieties, relishes,<br />
jams, sauces and sea salt.<br />
All <strong>Tasmanian</strong> exhibitors<br />
are now busily following<br />
up with the contacts<br />
they made at the<br />
trade show and early<br />
signs of sales activity are<br />
encouraging.<br />
Exhibiting at industry-specific<br />
trade shows<br />
and for the more premium<br />
products, product specific<br />
trade shows, are an excellent<br />
way of showcasing<br />
our goods to international<br />
buyers whether they be<br />
Yeonsoon and Lindsay Bourke exhibit their honey products at Food &<br />
Hotel Asia trade show in Singapore.<br />
importers, distributors,<br />
food service companies<br />
or retailers buying direct<br />
for brick and mortar<br />
stores or online.<br />
I am very happy to discuss<br />
future trade show<br />
opportunities with interested<br />
product manufacturers<br />
across all industries.<br />
For international trade and investment assistance<br />
contact the TCCI’s TradeStart Adviser,<br />
Sally Chandler, at sally.chandler@tcci.com.au<br />
or phone 1300 559 122.<br />
IT IS an honour to take on the role of Shadow<br />
Minister for Economic and Regional Development<br />
as part of Labor’s new team.<br />
I am a proud regional <strong>Tasmanian</strong> living in<br />
Burnie.<br />
My family has a long association with <strong>Tasmanian</strong><br />
industry, large and small, owner and<br />
worker.<br />
My maternal grandfather had a very successful<br />
logging business on the East Coast of Tasmania,<br />
and my paternal grandfather worked at<br />
the APPM Timber mill.<br />
In those days, Burnie was defined by the<br />
plumes of smoke in our air and the red foam<br />
drifting on our coastline.<br />
Today, it is a different story.<br />
My husband, Rory, and I are a part of that<br />
change. We’re proud to be a very small part of<br />
Tasmania’s agriculture industry growing blueberries<br />
and seed potatoes near Burnie.<br />
As Shadow Economic and Regional Development<br />
Minister I want to be a part of those conversations<br />
about how Tasmania is changing.<br />
But not only that, I want to work with you to<br />
plan effectively for the future of our state and<br />
the needs of our people.<br />
I believe we must have a better defined understanding<br />
of what we want the <strong>Tasmanian</strong><br />
economy to look like in the future. What are the<br />
growth industries worldwide and how can we<br />
use our natural advantages to embrace opportunities<br />
locally?<br />
Tasmania’s geographical location should no<br />
longer be a barrier to growth with new technology<br />
making it easier to communicate and engage<br />
with the world. But we have to be clear about<br />
what we want for the future of our state.<br />
One of the major concerns I have with our<br />
economy is the extremely low average weekly<br />
wages that <strong>Tasmanian</strong> workers are earning. Any<br />
economic development strategy needs to take<br />
into account the ability of <strong>Tasmanian</strong> workers<br />
to earn a decent living from a hard days’ work.<br />
Health cover reform needs leadership<br />
THIS year’s Federal<br />
Budget was eerily quiet<br />
for the private health insurance<br />
sector given the<br />
amount of attention it<br />
has had from both sides<br />
of the political fence in<br />
recent months.<br />
No doubt the upcoming<br />
federal election will<br />
cast a spotlight on health<br />
and the industry, with<br />
Labor already voicing<br />
it will cap premiums<br />
and launch a Productivity<br />
Commission Inquiry<br />
into health insurance if<br />
elected.<br />
The Turnbull Government<br />
has also been<br />
busily formulating a raft<br />
of recommendations,<br />
which will see the introduction<br />
of Gold, Silver,<br />
Bronze and Basic product<br />
categories in April<br />
2019.<br />
These changes centre<br />
Paul<br />
Lupo<br />
CEO, StLukesHealth<br />
around being more transparent<br />
for prospective<br />
members to understand.<br />
It also introduced minimum<br />
benefits payable<br />
for most medical devices<br />
on the Prosthesis List,<br />
which is expected to<br />
save insurers more than<br />
$1 billion between <strong>2018</strong><br />
and 2021.<br />
The need for reform<br />
is inevitable if private<br />
health insurance is to<br />
survive in the future and<br />
St.LukesHealth fully<br />
supports this process.<br />
But the aim of this reform<br />
needs to be improving<br />
the affordability of<br />
the health system.<br />
With the health cost<br />
inflation continuing to<br />
grow at 6 to 7 per cent<br />
per annum, this puts<br />
enormous pressure on<br />
the private and public<br />
systems to fund such increases<br />
through premiums,<br />
taxes and the Medicare<br />
levy.<br />
This has been acknowledged<br />
by government<br />
with its recent decision<br />
to increase funding<br />
to public hospitals by 6<br />
per cent per annum for<br />
the next three years.<br />
Achieving meaningful<br />
health cost reform<br />
should be the top of each<br />
political parties’ agenda,<br />
with more than 13.5<br />
million Australians having<br />
some form of private<br />
health cover, and more<br />
than 80 per cent of this<br />
cohort believing they receive<br />
value for money.<br />
Contrary to the belief<br />
that private health insurance<br />
is only for the<br />
wealthy, almost half of<br />
all people with private<br />
The need for reform<br />
is inevitable if<br />
private health<br />
insurance is to<br />
survive in the future<br />
health insurance have<br />
an annual income of<br />
$50,000 or less.<br />
In Tasmania, just under<br />
one in two people<br />
take out private health<br />
insurance, meaning that<br />
while wages are stagnant<br />
and cost of living pressures<br />
continue to rise,<br />
people are putting the<br />
value of health insurance<br />
above other luxuries in<br />
life.<br />
Private health funds<br />
pay for two thirds of essential<br />
planned surgery,<br />
most mental health ad-<br />
missions to hospital and<br />
40 million dental services.<br />
In monetary terms,<br />
private health insurance<br />
contributes about $20<br />
billion on behalf of insured<br />
members to the<br />
Australian healthcare<br />
system.<br />
As a not-for-profit<br />
health fund, the only<br />
reason premium costs<br />
rise is because the costs<br />
of medical devices, hospital<br />
accommodation,<br />
fees charged by medical<br />
specialists and providers<br />
continues to rise.<br />
Add to this an ageing<br />
population that is living<br />
longer because of medical<br />
advances, and little<br />
wonder why the health<br />
system is under pressure.<br />
This is even more of<br />
a challenge in Tasmania<br />
which has one of the<br />
oldest age profiles of any<br />
state and also one of the<br />
highest disease.<br />
I’m sure all Australians<br />
would agree that<br />
both sides of politics<br />
need to stop politicising<br />
the health debate as<br />
a way of winning votes<br />
and work on sustainable<br />
long-term solution to<br />
tackle the ever-increasing<br />
cost in the health<br />
supply chain.<br />
We have great people<br />
in all parts of our<br />
health system, however<br />
we need meaningful,<br />
well thought-out reform<br />
and both the private and<br />
public sectors working<br />
together to provide an<br />
affordable health system<br />
that we all can access, afford<br />
and rely upon.<br />
With great leadership<br />
and a single focus, we<br />
can do it.
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 7<br />
THOUGHT LEADERSHIP<br />
www.tcci.com.au<br />
Unscrupulous scammers<br />
prey on young and elderly<br />
Guy<br />
Barnett<br />
Minister for Resources<br />
EVERY day mums and<br />
dads, the elderly and<br />
young <strong>Tasmanian</strong>s are<br />
ripped off by unscrupulous<br />
scammers.<br />
These criminals rip<br />
us off online, over the<br />
telephone, on numerous<br />
websites and even doorto-door.<br />
National Scams<br />
Awareness Week was<br />
held recently to highlight<br />
the risks associated<br />
with scammers,<br />
particularly those who<br />
operate overseas and<br />
cannot be prosecuted.<br />
The bottom line is<br />
that all <strong>Tasmanian</strong>s<br />
need to be aware of the<br />
growing range of scams<br />
perpetrated every day<br />
of the year.<br />
Last year, almost<br />
33,000 reports of scams<br />
were received by the<br />
Australian Competition<br />
& Consumer Commission’s<br />
Scamwatch.<br />
Over $4.7 million<br />
was reported lost and<br />
more than 2800 people<br />
gave their personal<br />
information to these<br />
scammers.<br />
Don’t let this happen<br />
to you.<br />
Scammers may claim<br />
to be from the Government,<br />
or well-known<br />
businesses and worryingly,<br />
they may even<br />
use threats to pressure<br />
or scare you into giving<br />
them money or personal<br />
information.<br />
Almost 85 per cent<br />
of reports submitted to<br />
Scamwatch identified<br />
that the scammer had<br />
contacted them over the<br />
phone. The remaining<br />
were contacted by email.<br />
Typical scams include<br />
threats that you will receive<br />
a fine, you will be<br />
charged fees, your internet<br />
will be disconnected,<br />
the police or debt collectors<br />
will be sent to your<br />
home or even that you<br />
will be taken to court, arrested<br />
or deported.<br />
Scammers may even<br />
go so far as to impersonate<br />
government officials<br />
and say that you have an<br />
outstanding tax debt or<br />
that there are problems<br />
with your government<br />
benefits, immigration papers<br />
or visa status to get<br />
your money.<br />
This can include pretending<br />
to be from trusted<br />
businesses and organisations,<br />
including energy<br />
or telecommunications<br />
providers, Australia Post,<br />
banks and law enforcement<br />
agencies like the<br />
police.<br />
These criminals may<br />
call and ask for remote<br />
access to your computer<br />
to fix a problem or<br />
they may email you fake<br />
invoices or fines, and<br />
threaten to cancel your<br />
Strategy for ensuring goodwill<br />
Dean<br />
Demeyer<br />
<strong>Business</strong> Broker<br />
ing the interests of the<br />
buyer and seller and<br />
transferring some of the<br />
risk back to the seller.<br />
We achieved this<br />
through an Earn Out<br />
Strategy.<br />
This is where the buyer<br />
pays the seller some<br />
money upfront for the<br />
business, and then pays<br />
the rest through instalments<br />
based on the future<br />
revenues of the business.<br />
Let’s look at an example.<br />
A business currently<br />
turns over $1,000,000<br />
in sales revenue and the<br />
asking price for business<br />
assets is $350,000, being<br />
$100,000 for the tangible<br />
assets (P&E and Stock)<br />
and $250,000 for goodwill.<br />
The buyer could offer<br />
$100,000 for the physical<br />
assets plus half of the<br />
goodwill upfront.<br />
The thinking here is it<br />
is unlikely that half of the<br />
customers would leave<br />
on change of ownership<br />
therefore 50 per cent is<br />
reasonable.<br />
That leaves $125,000<br />
to be paid in, say, two<br />
instalments over the<br />
next two financial years<br />
where the instalment<br />
Beware of scammers on the phone.<br />
amounts are tied into the<br />
business achieving at<br />
least $1,000,000 in Sales<br />
Revenue in each of the<br />
two years.<br />
WITH most businesses<br />
in Tasmania being small<br />
(less than 10 employees)<br />
most of the sale price<br />
generally constitutes personal<br />
goodwill.<br />
This goodwill has been<br />
created because the owner<br />
has had long relationships<br />
with all the customers.<br />
For example, think of<br />
a small accounting firm<br />
where the owner deals<br />
with all the clients and<br />
has a strong trusted relationship<br />
with them.<br />
Transferring those relationships<br />
can be difficult.<br />
Sellers are always confident<br />
the repeat business<br />
will continuing after the<br />
sale, however buyers are<br />
focused on the risk of<br />
customers leaving and<br />
the goodwill they have<br />
paid for diminishing.<br />
The solution is alignservice<br />
or charge you<br />
excessive penalty fees if<br />
you don’t pay them immediately.<br />
If the scammer sends<br />
an email, it is likely to<br />
include an attachment<br />
or a link where you can<br />
download proof of the<br />
“bill”, “fine” or “missed<br />
delivery details” but<br />
opening the attachment<br />
or downloading the file<br />
could infect your computer<br />
with malware.<br />
Sadly, older people<br />
have been particularly<br />
vulnerable to these scams<br />
with people aged 65 and<br />
over submitting the most<br />
reports to Scamwatch in<br />
2017.<br />
Young people, those<br />
from non-English speaking<br />
backgrounds and<br />
people experiencing financial<br />
hardship have<br />
also been affected.<br />
It is incredibly important<br />
that you protect yourself<br />
against these scammers.<br />
When dealing with<br />
uninvited contacts from<br />
government agencies or<br />
trusted businesses always<br />
consider the possibility<br />
that it may be a scam.<br />
Never give anyone remote<br />
access to your computer<br />
if they’ve contacted<br />
you out of the blue, even<br />
if they claim to be from<br />
a well-known company<br />
like Telstra.<br />
Don’t be pressured by<br />
a threatening caller. Hang<br />
up then check whether<br />
their story is real.<br />
Don’t respond to<br />
threatening emails or<br />
voicemail messages asking<br />
for you to call someone<br />
back.<br />
Never send money or<br />
give your bank account<br />
details, credit card details<br />
or other personal information<br />
to anyone you<br />
don’t know or trust.<br />
Remember that a government<br />
agency or trusted<br />
business will NEVER<br />
ask you to pay by unusual<br />
methods such as gift or<br />
store cards, iTunes cards,<br />
wire transfers or bitcoin.<br />
The best advice to all<br />
<strong>Tasmanian</strong>s is to “‘Stop<br />
and check: is this for<br />
real?”<br />
For tips and information<br />
about these<br />
scams, where to<br />
get help or to report<br />
a scam, visit<br />
the Scamwatch<br />
website (www.<br />
scamwatch.gov.au/<br />
scamsweek<strong>2018</strong>) or<br />
contact Consumer<br />
Affairs and Fair<br />
Trading Tasmania on<br />
1300 654 499 or at<br />
www.cbos.tas.gov.<br />
au/home<br />
This type of strategy<br />
aligns the parties and ensures<br />
the seller remains a<br />
diligent supporter of the<br />
business.<br />
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Workplace Relations<br />
THERE have been a couple of tough lessons for<br />
employers in regards to the termination of employees<br />
in the Fair Work Commission recently<br />
which serves as a reminder that you do need to<br />
tread carefully.<br />
The case of Illawarra Coal Holdings Pty Ltd<br />
T/A South32 v Gosek [<strong>2018</strong>] FWCFB 1829 involved<br />
a miner in NSW where he was terminated<br />
for threatening his colleagues in abusive text<br />
messages and phone calls.<br />
The employee was dismissed and subsequently<br />
brought an application with the result<br />
being that reinstatement was ordered (although<br />
the employee did not receive any compensation<br />
for work lost due to the seriousness of his conduct).<br />
In this case, the employee argued that when<br />
he sent the abusive text messages and made the<br />
phone calls there were a range of mitigating<br />
factors including that he was intoxicated when<br />
they were made, he apologised the next day and<br />
he was also being treated for severe depression<br />
at the time.<br />
The full decision can be found here: www.<br />
fwc.gov.au/documents/decisionssigned/html/<strong>2018</strong>fwcfb1829.htm<br />
In another case, an employee resigned from<br />
their employment only to lodge an unfair dismissal<br />
claim and be awarded $19,206.72 plus<br />
9.5% superannuation.<br />
In the case of Jennifer Diaz v The Trustee for<br />
Sol Degendendorfer Family trust T/A Solene<br />
Paris (U2017/3689) the employee tendered a<br />
letter of resignation only for the employer to<br />
then send her a letter of termination of employment<br />
due to a backdated medical certificate.<br />
In this case, the termination was found to<br />
be harsh, unjust and unreasonable and that because<br />
the employer issued a letter of termination<br />
it meant that rather than it being a case of<br />
resignation; the employer had refused to accept<br />
the resignation and had in fact dismissed her.<br />
The full decision can be found here: www.<br />
fwc.gov.au/documents/decisionssigned/html/<strong>2018</strong>fwc1936.htm#P304_30390<br />
If you are unsure about warnings or<br />
termination, or any issues in relation to<br />
the performance management process<br />
or employment matters generally<br />
please contact TCCI by contacting the<br />
Helpline on 1300 765 123 or the TCCI<br />
on 1300 59 122 or workplacerelations@<br />
tcci.com.au<br />
Phone 6234 1127<br />
260 Argyle Street,<br />
North Hobart
8 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong><br />
NEWS<br />
Seeking balance<br />
What boards<br />
really want<br />
Leaders present work<br />
By ELIZABETH<br />
JAMESON FAICD<br />
IN spite of the fact that frequently<br />
shareholders or<br />
members ultimately elect the<br />
board, in most organisations<br />
today the board itself will<br />
usually take a leading role in<br />
the process of director recruitment.<br />
This might comprise the<br />
board undertaking an extensive<br />
search and selection process<br />
for new directors, even if<br />
it has to put their recommendations<br />
to the members or the<br />
shareholders for an election.<br />
Today’s boards are becoming<br />
increasingly sophisticated<br />
in the way that they identify<br />
gaps in their capability and<br />
seek to fill those gaps. The<br />
starting point for many boards<br />
is an explicit board succession<br />
policy and/or plan.<br />
The importance to the<br />
board of getting the “right fit”<br />
with each appointment should<br />
not be underestimated.<br />
Boards have a social fabric<br />
that depends on much more<br />
than purely a skills fit. It depends<br />
on goodwill among<br />
directors and the ability to<br />
“disagree without being disagreeable”,<br />
working in a constructively<br />
challenging way<br />
without destroying relationships.<br />
Group dynamics can make<br />
or break the effectiveness of<br />
a board.<br />
Achieving a balanced board<br />
therefore usually comes down<br />
to four main components:<br />
1. Skills - what hard skills<br />
and qualifications do we need<br />
among our directors?<br />
2. Experience - what practical<br />
experience do we need<br />
among our directors in terms<br />
of a track record in relevant<br />
fields?<br />
3. Demographics - what<br />
sort of balance of age, geography,<br />
gender, ethnicity, culture,<br />
faith, and other demographic<br />
attributes do we want in order<br />
to bring a sufficient diversity<br />
of views and styles of thinking?<br />
4. Personal or behavioural<br />
attributes - what type of behaviours—commitment,<br />
dedication,<br />
strategic thinking,<br />
integrity, and team player<br />
ability—do we want among<br />
our directors?)<br />
These four components<br />
should be reflected in the<br />
board’s approved “skills matrix”<br />
or “board composition<br />
matrix”, reflecting the fact<br />
that what boards seek is much<br />
more than hard skills and<br />
qualifications.<br />
As a starting point, if you<br />
do not have a working understanding<br />
of the fundamental<br />
difference between “governing”<br />
and “managing”, you are<br />
too early in your quest. If so,<br />
your focus at this point needs<br />
to be to make sure you acquire<br />
the knowledge you need.<br />
This is an edited extract<br />
from Developing Your<br />
Director Career available<br />
for $55 in the Australian<br />
Institute of Company Directors<br />
bookstore www.<br />
companydirectors.com.<br />
au/bookstore<br />
Graduates Geraldine Hayes, left, Mark Wild, Marie Bennett, Jason Licht, Megan<br />
Rozynski and Lucy Blake.<br />
GRADUATES of the 2017<br />
<strong>Tasmanian</strong> Leaders Program<br />
have presented their projects<br />
to a collection of <strong>Tasmanian</strong><br />
leaders’ alumni, friends, family<br />
and community leaders.<br />
The project presentations<br />
event allows the most recent<br />
graduates an opportunity to<br />
share the outcomes of their<br />
community projects undertaken<br />
as part of their program experience.<br />
Now in its 12th year, the<br />
program provides aspiring<br />
<strong>Tasmanian</strong> leaders with a fresh<br />
outlook to confidently work<br />
and communicate with others<br />
and achieve more in both<br />
their personal and professional<br />
lives.<br />
A key component of the<br />
<strong>Tasmanian</strong> Leaders Program<br />
is the undertaking of a project<br />
by each of the participants<br />
in small syndicate groups.<br />
Projects benefit the <strong>Tasmanian</strong><br />
community, and are “big<br />
enough to do, small enough to<br />
matter”.<br />
“Participants have the opportunity<br />
to apply their skills<br />
and knowledge,” General<br />
Manager Angela Driver said.<br />
The four projects presented<br />
were; Championing Gender<br />
Equity through Education in<br />
the <strong>Tasmanian</strong> School Curriculum,<br />
Impact100 Support,<br />
S.E.A.T. (Sit, Engage, Appreciate,<br />
Talk) and Community<br />
Energy Efficiency Project.<br />
The <strong>Tasmanian</strong> Leaders<br />
Program identifies, promotes<br />
and develops aspiring business<br />
and community leaders, creating<br />
significant future benefits<br />
for both them and Tasmania.<br />
Each year, a new group of<br />
participants with one thing<br />
in common – high leadership<br />
potential – is selected from<br />
diverse backgrounds, to come<br />
together regularly over a year<br />
to learn and cultivate a range<br />
of specific competencies crucial<br />
to leaders.<br />
GOOD THINGS COME<br />
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For over 40 years, the AICD has provided directors from the private,<br />
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06460-19-1_18
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 9<br />
FOCUS ON BUSINESS<br />
Archival accreditation approval for Acrodata<br />
Records enter digital age<br />
ACRODATA, along with its<br />
parent company Fuji Xerox<br />
Tasmania, is excited to announce<br />
its Mornington facility<br />
has been awarded TAHO<br />
accreditation by the State<br />
Archivist and certified as an<br />
Approved Secondary Storage<br />
Provider (ASSP) for State records.<br />
The purpose-built facility<br />
undertook the high security<br />
scanning and data capture required<br />
as part of the Federal<br />
Election for the Federal Government.<br />
What this means is that<br />
<strong>Tasmanian</strong> Government<br />
Agencies, as well as private<br />
businesses, now have access<br />
to local, secure data capture<br />
and storage facilities which<br />
operate to the highest security<br />
and data protection measures<br />
available, and Acrodata<br />
is increasing it’s workforce to<br />
keep up with demand.<br />
Acrodata has been engaged<br />
to deliver a number of digitisation<br />
projects for Land Tasmania,<br />
including the digitisation<br />
of 1.5 million records in<br />
the Registry of Deeds.<br />
The records contained in<br />
the Registry of Deeds are<br />
a live register that require<br />
searching when purchasing<br />
land which is under the general<br />
law land system.<br />
The Registry of Deeds is<br />
used by conveyancers and solicitors<br />
as well as the general<br />
public and Land Tasmania<br />
staff on a daily basis.<br />
The records are also of<br />
significant historical value,<br />
with some dating back to the<br />
1800s.<br />
Information and Program<br />
Manager of this Lands Titles<br />
Project, Anita Yan, said:<br />
“Timely access to our records<br />
during the digitisation period<br />
was our greatest concern at<br />
the commencement of these<br />
works.<br />
“Acrodata’s retrieval service<br />
has been exemplary. The<br />
level of service has exceeded<br />
well beyond agreement and<br />
expectations, and has enabled<br />
Land Tasmania to continue to<br />
service our clients effectively.<br />
“We have truly appreciated<br />
Acrodata’s responsiveness<br />
and understanding of our<br />
business needs.”<br />
Acrodata’s <strong>Business</strong> Development<br />
Manager Phill Dance<br />
said: “We are extremely proud<br />
of our achievements to bring<br />
this facility to the standard of<br />
TAHO accreditation and to be<br />
able to offer the standard of<br />
service we are.”<br />
The Mornington archive is<br />
state-of-the-art and offers the<br />
archival storage market:<br />
• individual, secure client<br />
storage;<br />
• terminal digit filing alternate<br />
to just box storage; and<br />
• scan on demand to lower<br />
return costs of a file.”<br />
Director of Fuji Xerox<br />
Acrodata’s Mornigton archive offers state-of-the-art secure storage for clients.<br />
<strong>Business</strong> Centre Tasmania,<br />
Keirran Downham, said:<br />
“Having Acrodata as part of<br />
the suite of services provided<br />
by Fuji Xerox <strong>Business</strong> Centre<br />
Tasmania means we can<br />
now assist businesses with<br />
their current, future and historical<br />
print and data needs.<br />
“We are helping preserve<br />
the history of this state while<br />
offering employment opportunities<br />
to more than 63 <strong>Tasmanian</strong>s<br />
and that’s only increasing.”<br />
Now operating far beyond<br />
the small store selling photocopiers,<br />
Fuji Xerox services<br />
the whole of the state for<br />
printing, photocopiers, printers<br />
and multifunction devices,<br />
and now archive and digitising<br />
services.<br />
This combination positions<br />
them as the perfect partner<br />
when it comes to your document<br />
management requirements.<br />
The Print Division, servicing<br />
statewide with outlets<br />
in Hobart and Launceston,<br />
has the capability to design,<br />
print and compile all manner<br />
of promotional and business<br />
documentation.<br />
It can accommodate small<br />
or large print runs for reports,<br />
publications, brochures and<br />
the like.<br />
Services such as business<br />
card printing, pull-up banners,<br />
small photocopying or<br />
scanning jobs can usually be<br />
done with a very quick turnaround.<br />
Fuji Xerox printers, photocopiers<br />
and multifunction devices<br />
are still the most trusted<br />
brand on the market.<br />
With performance and capabilities<br />
that can actually save<br />
your business time and money,<br />
a Fuji Xerox machine should<br />
be your first option when looking<br />
at in-house printing needs.<br />
Training, support, servicing<br />
and consumables are all managed<br />
right here in Tasmania<br />
when you need it.<br />
Yet it’s not just about what<br />
Fuji Xerox can offer and do<br />
for your business, it’s also<br />
about what they stand for - as<br />
the only private White Ribbon<br />
Accredited Workplace in<br />
Tasmania, Fuji Xerox <strong>Business</strong><br />
Centre Tasmania, The<br />
Print Division and Acrodata<br />
all strive for positive social<br />
change, inclusive workplaces<br />
and safe employment opportunities.
10 <strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong><br />
NEWS APPOINTMENTS and ANNOUNCEMENTS<br />
APPOINTMENTS<br />
Dean of Law comes home to UTAS<br />
ONE of the world’s<br />
foremost experts in<br />
international humanitarian<br />
law has returned<br />
home to Tasmania to<br />
take up the position<br />
of Dean of Law at the<br />
University of Tasmania.<br />
Following an international<br />
search, the<br />
University’s Faculty of<br />
Law welcomed Professor<br />
Tim McCormack<br />
to the prestigious role,<br />
succeeding the strong<br />
leadership of Professor<br />
Margaret Otlowski.<br />
Professor McCormack,<br />
who grew up in<br />
Burnie and completed<br />
school in the state’s<br />
north before studying<br />
at the University’s<br />
Law Faculty in Hobart,<br />
says that Tasmania has<br />
always been held ‘in his<br />
heart’.<br />
“I’m excited about<br />
returning home and<br />
coming to a law school<br />
that has always had a<br />
very strong commitment<br />
to excellence in<br />
teaching,” Professor<br />
McCormack said.<br />
“Being the only law<br />
Veteran Taylor new Bell Bay boss<br />
KEVIN Taylor has<br />
been appointed as Bell<br />
Bay Aluminium’s next<br />
General Manager.<br />
Mr Taylor has close<br />
to 30 years’ experience<br />
in the aluminium business<br />
with Rio Tinto and<br />
the Pacific Aluminium<br />
group, forging a career<br />
that started in 1990 as a<br />
Crew Leader in Carbon<br />
at New Zealand’s Aluminium<br />
Smelter.<br />
He has held a variety<br />
of operational roles<br />
including Health, Safety<br />
and Environment<br />
Manager at Bell Bay<br />
Aluminium and Site<br />
Operations Manager at<br />
Boyne Smelters Limited<br />
in Queensland.<br />
Most recently Kevin<br />
was General Manager,<br />
Health Safety and<br />
Award-winning engineer joins Novaris<br />
AUSTRALIAN- owned<br />
lightning and surge protection<br />
manufacturer,<br />
Novaris, has appointed<br />
Robert Jordan as Principal<br />
Engineer.<br />
Mr Jordan is a career<br />
electrical and electronic<br />
engineer who has<br />
specialised in railway<br />
systems during his 35<br />
year career and is a full<br />
member of the Institute<br />
of Railway Signalling<br />
Engineers.<br />
He has worked with<br />
many of the leading<br />
railway engineering<br />
companies during<br />
school in Tasmania<br />
brings with it privileges<br />
and obligations, something<br />
previous Deans<br />
have always understood.<br />
“We have an obligation<br />
to train our graduates,<br />
not just to tick boxes<br />
for qualification to admission<br />
to practice, but<br />
to understand the role<br />
of law in our society, to<br />
understand that law is<br />
not an end in itself, it’s<br />
a means to achieving a<br />
fairer society.”<br />
Professor McCormack’s<br />
extraordinary<br />
career includes being<br />
a Special Adviser on<br />
International Humanitarian<br />
Law to the Prosecutor<br />
of the International<br />
Criminal Court<br />
in The Hague, an<br />
honorary Professorial<br />
Fellow at Melbourne<br />
Law School, inaugural<br />
DFAT Visiting Legal<br />
Fellow, New Zealand<br />
Law Foundation<br />
Distinguished Visiting<br />
Fellow and a Director<br />
of World Vision Australia.<br />
Environment for Rio<br />
Tinto’s Pacific Operations.<br />
Chief Operating Officer<br />
of Pacific Aluminium<br />
Brian Cooper said:<br />
“Kevin’s safety leadership,<br />
business acumen<br />
and people development<br />
skills make him<br />
an ideal fit for the role<br />
His operational<br />
experience across Pacific<br />
Aluminium sites in<br />
Australia and New Zealand<br />
is second to none.<br />
We look forward to<br />
Kevin bringing the best<br />
of what he’s experienced<br />
across the Pacific<br />
Aluminium business<br />
to build on the great<br />
work of former General<br />
Manager, Ray Mostogl<br />
and the team at Bell<br />
Bay.”<br />
his career including,<br />
Westinghouse Brake<br />
and Signal Co, GEC<br />
General Signal, Alstom,<br />
Halcrow, United Group<br />
Limited, Invensys Rail,<br />
and most recently Siemens.<br />
He has specialised<br />
in railway signalling<br />
systems, traction power<br />
systems and rollingstock<br />
and has been<br />
involved in the development<br />
of a number<br />
of new product lines,<br />
including specialised<br />
surge protection units<br />
for computer based interlockings,<br />
axle counters<br />
and track circuits.<br />
In 1998, he was<br />
awarded the Railway<br />
Engineering Award by<br />
Engineers Australia for<br />
the development of a<br />
range of fail-safe surge<br />
protection modules for<br />
the British SSI computer-based<br />
interlocking<br />
system which have subsequently<br />
been widely<br />
deployed in Australia<br />
and Asia.<br />
He has most recently<br />
been involved in Asia<br />
with the latest GoA4<br />
driverless CBTC systems<br />
and the platform<br />
screen doors and secure<br />
radio systems that they<br />
require to operate reliably.<br />
Mr Jordan will be<br />
leading the Novaris<br />
engineering department<br />
in the development of<br />
new products as well as<br />
supporting the manufacturing<br />
plants and<br />
sales teams.<br />
Novaris currently<br />
employs 65 staff across<br />
their Kingston head office,<br />
R&D, testing and<br />
Malaysian manufacturing<br />
facilities.<br />
IN BRIEF<br />
Wind farm start<br />
CONSTRUCTION will soon start on the $300 million<br />
Cattle Hill Wind Farm, near Lake Echo in the Central<br />
Highlands.<br />
Developer Goldwind has announced the signing of<br />
an agreement with Hazel Brothers, after the <strong>Tasmanian</strong><br />
company recently completed site access works.<br />
The agreement allows Hazell Brothers to begin early<br />
works for the project and acknowledges them as<br />
the preferred contractor for the full civil and electrical<br />
works for the wind farm.<br />
The project will provide up to 150 jobs for local<br />
<strong>Tasmanian</strong>s, and once the wind farm goes live at the<br />
end of 2019 will provide a further 10 long-term operations<br />
jobs.<br />
The Cattle Hill Wind Farm will add another 148<br />
megawatts to the <strong>Tasmanian</strong> electricity system, and<br />
increases Tasmania’s wind generation by nearly half.<br />
Wetland waste<br />
SOUTHERN Waste Solutions will build a wetland<br />
leachate treatment system in line with environmental<br />
world’s best practice standards at their Copping Regional<br />
Landfill Facility.<br />
The system, to be designed and implemented by<br />
Syrinx Environmental, will use natural wetland vegetation<br />
processes to assist in treating wastewater from<br />
the Copping B-Cell without the need for external energy<br />
or chemicals.<br />
Speakers on show<br />
A SHOWCASE featuring inspiring, innovative and<br />
motivating speakers will be held on Wednesday, <strong>June</strong><br />
13 at Wrest Point.<br />
Presentations will be given by Australia’s greatest<br />
ever female cyclist, Anna Meares, Steve Sammartino,<br />
David Bartlett, Robyn Moore and Peter Rowsthorn.<br />
Ms Meares, will share her journey of persistence<br />
and pain to become the first Australian athlete to win<br />
medals at four successive Olympic Games.<br />
The event runs from 8am to 10:30am and tickets are<br />
$20, including a networking breakfast.<br />
To register, 03 9529 3711, email tasmania@icmi.<br />
com.au or visit the website, www.icmi.com.au<br />
Ferry finance<br />
A NEW Derwent River ferry service between Bellerive<br />
and Sullivans Cove is a step closer with a $2 million<br />
Government contribution.<br />
The Government tabled a Bill to amend the Metro<br />
Tasmania Act 1997 to enable the state-owned company<br />
to operate river ferries as part of the public transport<br />
network.<br />
Port-side infrastructure for the service will be provided<br />
by TasPorts, with two new ferry terminals to be<br />
established on both the Western and Eastern Shores.<br />
Further public ferry infrastructure will be considered<br />
at other locations.<br />
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WP - Advert Mar17.indd 3<br />
4/04/2017 1:15:49 PM
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 11<br />
EVENTS NEWS<br />
ABOVE: James Cartwright of the <strong>Tasmanian</strong><br />
Audit Office, left, and Stephen Walker, CA ANZ.<br />
ABOVE: Rob McDonald of CA ANZ, left, with<br />
Marcus Johnson of Lorkin Delpero Harris and<br />
Penny Stragalinos of CA ANZ.<br />
ABOVE: Andrew Quinlan of CA ANZ, left, with<br />
Rebecca Williams of Anglicare Tasmania and<br />
Colin Stewart CA ANZ member.<br />
What: CA ANZ (Chartered Accountants<br />
Australia and New Zealand) Board and<br />
Member Cocktail function<br />
Where: Henry Jones Art Hotel, Hobart<br />
When: Thursday, 17 May <strong>2018</strong><br />
ABOVE: Seshani Bala of CA ANZ, left,<br />
and Olivia Price of John N Williams.<br />
ABOVE: John Palermo of CA ANZ, left, with David<br />
Berechree of Hydro Tasmania and Jane Botica of<br />
Federal Group.<br />
Australian<br />
Maritime<br />
College<br />
Providing the future<br />
leaders in the global<br />
maritime industry.<br />
ABOVE: Ginna<br />
Webster of<br />
<strong>Tasmanian</strong><br />
Leaders, left, with<br />
Benita Fordham of<br />
Vantage Group and<br />
Kate O’Shannessey<br />
of TasmaNet.<br />
What: <strong>Tasmanian</strong> Leaders TLP11<br />
2017 Project Presentations<br />
Where: putalina Oyster Cove<br />
Training Room – Parliament<br />
Square, Hobart<br />
When: Thursday, 17 May <strong>2018</strong><br />
ABOVE:<br />
Waqas<br />
Durrani of<br />
FECCA,<br />
left, with<br />
Anne Carey<br />
of TasNetworks<br />
and<br />
Nick<br />
Probert of<br />
Beacon<br />
Foundation.<br />
Be part of the multi-billion dollar<br />
global logistics network with a<br />
Master of Logistics Management.<br />
Develop a core knowledge of international<br />
logistics management including business<br />
logistics, supply chain management, strategic<br />
procurement, warehousing and inventory<br />
management, eLogistics, eCommerce,<br />
logistics management, international trade,<br />
value chain innovation, and project management.<br />
Travel the globe with your qualification from AMC.<br />
> Enquire now at amc.edu.au<br />
CRICOS Provider Code (University of Tasmania): 00586B
PROPERTY MATTERS<br />
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - JUNE <strong>2018</strong> 12<br />
Office property heads north<br />
Scott Newton<br />
Property Matters with<br />
Knight Frank<br />
Rob Dixon, Knight Frank Tasmania’s<br />
Director of Commercial Sales and Leasing<br />
(North), shares his insights into the<br />
Northern <strong>Tasmanian</strong> commercial market in<br />
this month’s article.<br />
SET to benefit from growing<br />
tourist demand, Northern<br />
Tasmania will continue<br />
to grow in economic importance.<br />
The region’s strategic position<br />
and ease of access via<br />
transport links makes it a logical<br />
choice for further investment.<br />
Situated within a two-hour<br />
drive from Hobart, Northern<br />
Tasmania is a growing<br />
economic hub and service<br />
centre centred around the<br />
main administrative towns of<br />
Launceston, Devonport and<br />
Burnie.<br />
Home to some of Tasmania’s<br />
key tourism assets including<br />
the Tamar River wineries,<br />
mountain bike trails<br />
and the Queen Victoria Museum<br />
& Art Gallery, Northern<br />
Tasmania has emerged as a<br />
tourist centre in its own right,<br />
attracting visitors from both<br />
domestic and international<br />
markets.<br />
Serviced by rail, port and<br />
airport infrastructure, which<br />
provides direct access to the<br />
mainland cities of Sydney<br />
and Melbourne among others,<br />
Northern Tasmania is becoming<br />
an increasingly preferred<br />
location for agriculture, specialised<br />
industry and knowledge-based<br />
professionals.<br />
Home to almost 230,000<br />
residents, the area provides<br />
a sufficiently large market to<br />
support a range of business<br />
enterprises that would otherwise<br />
be expected to operate<br />
from Hobart.<br />
Even in the face of global<br />
uncertainty, the Northern<br />
Demand for quality office buildings in Launceston has increased in the last two<br />
years.<br />
<strong>Tasmanian</strong> economy has enjoyed<br />
modest growth with its<br />
performance supported by increased<br />
industry diversity and<br />
solid growth in tourist visitation.<br />
As at <strong>June</strong> 2016 (latest<br />
available data), Northern Tasmania’s<br />
economy measured<br />
$10.49 billion, up 1.6% per<br />
annum over the past three<br />
years.<br />
In addition to tourist provisions,<br />
Northern Tasmania<br />
offers a wide variety of other<br />
key services that help support<br />
the local economy. Notably,<br />
this includes educational and<br />
research facilities as part of<br />
the University of Tasmania<br />
campus in Launceston, which<br />
houses some 5000 full- time<br />
students, medical and retail<br />
services, as well as the more<br />
traditional industries of manufacturing<br />
and agriculture.<br />
In the office market sector,<br />
the number of office-based<br />
businesses in the Launceston<br />
CBD has increased 4.6% over<br />
the past two years, highlighting<br />
increased demand for office<br />
space.<br />
It has been this growth that<br />
has led to improving fundamentals<br />
in the office market<br />
as additional businesses require<br />
space.<br />
Similar to other non-metro<br />
markets nationally, investor<br />
demand for quality office<br />
assets in Launceston has<br />
increased over the past two<br />
years, albeit with sales volumes<br />
restricted by a lack of<br />
assets of this type for sale.<br />
A recent office sale in<br />
Launceston was the February<br />
2017 sale of Holyman House<br />
(52 Brisbane St) for $3 million,<br />
which reflects an initial<br />
yield of 7.9%; and the City<br />
Block building for $2.1 million<br />
in July 2017 on an initial<br />
yield of 9.05%<br />
For retail assets, average<br />
retail core market yields in<br />
Launceston have firmed by<br />
an estimated 20 basis points<br />
over the past year and currently<br />
range from 6.5% to<br />
7.0% for prime grade stock.<br />
Retail assets with a secure<br />
tenant and strong leasing<br />
covenants would trade firmer<br />
with these metrics.<br />
Given Northern Tasmania’s<br />
strategic location as a major<br />
service and tourist centre<br />
within Tasmania, there exists<br />
many opportunities for additional<br />
business investment.<br />
Further investment is already<br />
happening in the area,<br />
underpinned by the recent approval<br />
for a new UTAS campus<br />
within the Launceston<br />
and Burnie city centre and<br />
the Launceston City Heart<br />
and Devonport Living City<br />
projects.<br />
PROPERTY VIEW<br />
JUNE <strong>2018</strong><br />
SOLD<br />
Outline indicative only<br />
Outline indicative only<br />
Outline indicative only<br />
For sale by expressions of interest<br />
FULLY LEASED WITH FUTURE POTENTIAL<br />
54-60 Victoria Street, Hobart<br />
A fantastic passive investment, this strategically<br />
located CBD office building is fully leased to<br />
longstanding state government and national<br />
tenants, has excellent parking and large floor plates.<br />
• Car spaces: 44 (approx)<br />
• WALE: 2.5 years (approx)<br />
• Building NLA: 2,424sqm*; Land area: 1,606sqm*<br />
• Zoned: Central <strong>Business</strong><br />
• Current Net Income: $569,505 (approx)<br />
• NABERS: 3.5 stars<br />
• Large central CBD site with potential for great<br />
future building height (STCA) (*approx)<br />
Richard Steedman 0408 559 046<br />
Hayden Peck 0412 766 395<br />
View at KnightFrank.com.au/4261479<br />
Sold<br />
STRATEGIC DEVELOPMENT SITE<br />
553-559 Pass Road, Mornington<br />
• Situated within the developing residential area<br />
of Mornington/Cambridge approximately 8 km<br />
east of Hobart’s CBD with easy access to the<br />
Tasman Highway<br />
• Land area of 8.7ha* over two titles with<br />
extensive road frontages<br />
• Gentle sloping land with cleared areas and<br />
pleasant outlook<br />
• Currently zoned ‘Rural Living’<br />
Richard Steedman 0408 559 046<br />
Scott Newton 0409 186 261<br />
View at KnightFrank.com.au/4153002<br />
(*approx)<br />
Outline indicative only<br />
For sale by offer<br />
HIGH QUALITY HUNTINGFIELD<br />
5/40 Patriarch Drive, Huntingfield<br />
• Modern tilt-up concrete panel construction<br />
circa 2013<br />
• Gross building area of 150sqm*<br />
• Workshop area of 120sqm*<br />
• Well appointed offices and amenities of<br />
70sqm* over two levels<br />
• Mezzanine storage and common area<br />
storage/car parking; two marked car parks<br />
• Flexible occupancy options offered - short<br />
term leaseback proposed<br />
• Opportunities in Huntingfield are rare to the<br />
market – enquire today!<br />
(*approx)<br />
Ian Reed 0419 670 501<br />
View at KnightFrank.com.au/4251828<br />
For sale by expressions of interest<br />
COMMERCIAL LAND IN CAMBRIDGE<br />
11 McRorie Court, Cambridge<br />
Knight Frank, on behalf of Southland Stokers<br />
Pty Ltd as mortgagee in possession are pleased<br />
to offer this expansive land parcel in the rapidly<br />
expanding area of Cambridge.<br />
• Expansive 5,904sqm* land size<br />
• Zoned ‘Commercial’ and surrounded by<br />
newer built workshops and businesses.<br />
• Good exposure to Tasman Hwy and McRorie Ct<br />
• 15 minutes to CBD and 5 minutes to Hobart<br />
International Airport<br />
• Easy access from Kennedy Drive<br />
• Multiple services to the site (*approx)<br />
Ian Reed 0419 670 501<br />
View at KnightFrank.com.au/4251978<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