Tasmanian Business Reporter September 2018
Welcome to the September edition of the Tasmanian Business Reporter. After a crazy week in Federal politics, this month you'll read about the Tasmanian Chamber of Commerce's request to new Prime Minister Scott Morrison for action on more than $133 million of promises made to Braddon in July's by-election. You'll also find details of Tasmania's construction boom, which is predicted to continue for the foreseeable future, the launch of I-PREP, a University of Tasmania program set to align businesses with talented international students and a powerful column from TCCI Chair Susan Parr reinforcing the Chamber's call for local council amalgamation.
Welcome to the September edition of the Tasmanian Business Reporter.
After a crazy week in Federal politics, this month you'll read about the Tasmanian Chamber of Commerce's request to new Prime Minister Scott Morrison for action on more than $133 million of promises made to Braddon in July's by-election.
You'll also find details of Tasmania's construction boom, which is predicted to continue for the foreseeable future, the launch of I-PREP, a University of Tasmania program set to align businesses with talented international students and a powerful column from TCCI Chair Susan Parr reinforcing the Chamber's call for local council amalgamation.
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<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - SEPTEMBER <strong>2018</strong> 7<br />
NEWS<br />
Tick for aqua feed plant<br />
BIOMAR Australia’s $56<br />
million aqua feed production<br />
facility in the state’s North<br />
West has received the final<br />
tick of approval from Latrobe<br />
Council.<br />
A 14-month construction<br />
phase will soon begin on the<br />
site of a former particle board<br />
factory at Wesley Vale, generating<br />
up to 250 contractor jobs.<br />
The world-class fish feed<br />
production facility will supply<br />
Tasmania’s growing aquaculture<br />
industry.<br />
BioMar Australia Technical<br />
Customer Account Manager<br />
Alasdair Bradley said he was<br />
delighted to receive council<br />
approval for its Development<br />
Application.<br />
“As part of the DA approval<br />
process, the Environment Protection<br />
Authority approved the<br />
Development Proposal and Environmental<br />
Management Plan,<br />
ensuring BioMar’s production<br />
facility meets all required environmental<br />
responsibilities and<br />
practices,” Mr Bradley said.<br />
Latrobe<br />
Mayor Peter<br />
Freshney,<br />
left, and<br />
BioMar<br />
Australia<br />
Technical<br />
Customer<br />
Account<br />
Manager<br />
Alasdair<br />
Bradley take<br />
a tour of the<br />
Wesley Vale<br />
site.<br />
“The DA approval is also an<br />
important marker of industry,<br />
local council and community<br />
support for our organisation’s<br />
expansion into Australia, and<br />
importantly Tasmania.”<br />
The site’s redundant facilities<br />
have been dismantled and<br />
construction of the new facility<br />
will take up to 14 month’s.<br />
“We are also currently in the<br />
process of hiring more staff to<br />
join our current team on the<br />
ground in Tasmania,” Mr Bradley<br />
said.<br />
Bank of us<br />
celebrates<br />
good growth<br />
EIGHT months after a<br />
major change of branding,<br />
Bank of us has celebrated<br />
with the official<br />
opening of the Bank of<br />
us Centre at 108 Collins<br />
Street, Hobart by Treasurer<br />
Peter Gutwein.<br />
Bank of us CEO Paul<br />
Ranson said the first<br />
eight months operation<br />
since changing from<br />
B&E had seen outstanding<br />
results.<br />
“Bank of us has recorded<br />
a 51% increase<br />
in new customers –<br />
3025 customers up from<br />
1999 in 2017,” Mr Ranson<br />
said.<br />
“We’ve exceeded expectations,<br />
with our<br />
preliminary results indicating<br />
a record lending<br />
year.<br />
“Our overall loan<br />
approvals for the year<br />
were $215 million or<br />
26% on last year, mainly<br />
due to a 15% increase<br />
in our market share of<br />
owner occupied lending<br />
in Tasmania.<br />
“Our loan portfolio<br />
has grown by 12% to<br />
$704 million, which is a<br />
significant achievement<br />
in a highly competitive<br />
and challenging environment<br />
and is double<br />
system growth of 6%<br />
(national industry average).<br />
“Within those figures,<br />
about 50% of our lending<br />
is from new customers.<br />
Typically, loan activity<br />
is generated from<br />
existing customers.”<br />
Mr Ranson said Bank<br />
of us had seen great<br />
growth statewide in<br />
products and services,<br />
with a more than 100%<br />
increase in new customers<br />
in Southern Tasmania.<br />
It is this growth that<br />
has led to the investment<br />
in naming rights<br />
of the Collins St Centre.<br />
“It’s an investment<br />
in our business, but<br />
it’s also us, as a local<br />
customer owned bank,<br />
backing Tasmania,” said<br />
Mr Ranson.<br />
“We’re building a<br />
strong presence in Hobart.<br />
From here, we will<br />
continue to provide all<br />
<strong>Tasmanian</strong>’s a better<br />
banking experience and<br />
as a customer-owned<br />
bank, that is <strong>Tasmanian</strong><br />
owned and operated,<br />
we’re in great position<br />
to be able to do that.”<br />
Top gongs to Entura<br />
Deputy Premier Jeremy Rockliff, left, with<br />
Lyndon Johnson,Donald Vaughan and Entura<br />
Managing Director Tammy Chu.<br />
TWO Entura engineers<br />
have received top accolades<br />
at the Tasmania<br />
Engineering Excellence<br />
Awards.<br />
Donald Vaughan, Principal<br />
Consultant, Electrical<br />
Primary Systems,<br />
was named Professional<br />
Engineer of the Year, and<br />
while engineer Lyndon<br />
Johnson won the Young<br />
Professional Engineer of<br />
the Year award.<br />
The specialist power<br />
and water consulting firm<br />
is committed to creating<br />
safe and sustainable power<br />
and water solutions.<br />
“Donald is an industry<br />
authority on the connection<br />
of wind and solar<br />
farms to weak grids<br />
and the power system<br />
dynamics of low-inertia<br />
networks,” said Entura<br />
Managing Director Tammy<br />
Chu,<br />
“Donald’s knowledge<br />
and experience places<br />
him at the forefront<br />
of efforts in Australia<br />
to transition to a renewables-based<br />
energy sector<br />
and we’re very proud<br />
to have him as part of<br />
our technical leadership<br />
team.<br />
“Lyndon has pioneered<br />
powerful new 3D methods<br />
for presenting and interpreting<br />
data. His work<br />
will improve engineering<br />
efficiency and accuracy,<br />
and offers safety benefits<br />
for power and water<br />
assets and for communities.”<br />
Navigate your maritime<br />
career in Sydney with AMC<br />
The Australian Maritime College (AMC) is expanding into Sydney<br />
in <strong>2018</strong>, delivering postgraduate programs and professional short<br />
courses from the Australian National Maritime Museum, in the<br />
heart of Darling Harbour.<br />
Our team of leading maritime engineering, and maritime business and international<br />
logistics academics will be delivering the following postgraduate courses in <strong>2018</strong>:<br />
• Master of Engineering (Maritime Design)<br />
• Master of <strong>Business</strong> Administration (Advanced)<br />
(Maritime & Logistics Management)<br />
AMC Search will also offer a selection of short courses throughout the year.<br />
Enquire to study in Sydney in <strong>2018</strong>.<br />
amc.edu.au/sydney<br />
Cricos Provider Code 00586B