CCBR Business Review

Mariners put Coast on the map in extra time thriller THE CENTRAL COAST‘S MOST TRUSTED NEWS SOURCE FOR OVER 30 YEARS Print Post Approved – PP100001854 Published monthly (except January) June 2024 Page 4 Edgar Adams’ Editorial Central Coast Mariners brings community together Business NSW Central Coast Economic Breakfast focus on Business Conditions Urban Property Group acquires Central Coast Quarter Project 1990 EST

PHONE 4365 4566 Nicole Barr 0418 230044 e: FOR LEASE SUITE 2 168 THE ENTRANCE RD ERINA 126m2 $49,000 + OG + GST Situated in the Service NSW complex, this light filled space is ideally situated. Offered as a warm shell with private amenities, kitchenette, ducted air, 3 phase power and rear access the space is sure to suit a wide variety of operators. Ample parking and excellent exposure. FOR LEASE SUITE 17 & 18 FOUNTAIN CORPORATE ERINA 208m2 $76,785 + OG + GST Situated within a 2 storey retail & executive office block. The fit out consists of a dedicated reception and waiting area, storage room, 9 treatment rooms, kitchenette/staff room, lift access, 4 car spaces. Available Now FOR LEASE UNIT 2 255 THE ENTRANCE RD ERINA 110m2 $35,000 + OUTS + GST Situated along The Entrance Road with good exposure is this neat and tidy space which would suit a consultancy style business, retail or service industry. Currently fitted for a hair/beauty salon the ground floor is 66m2, has a W.C, kitchenette, water & drainage points for two shampoo lounges (currently installed), reception counter and mirrors. FOR LEASE SUITE 10 PARK PLAZA GOSFORD 441m2 $125,000 + OG + GST Elevate your work environment to new heights with this expansive office space boasting 280 degree views of Gosford cityscape and bushland. Just 5 mins to Gosford Station the suite includes 9 Private Offices, 2 Separate entries, Large Kitchen/breakout area , 6 dedicated parking spaces and much more. FOR LEASE SHOP 1 ERINA PLAZA ERINA 156m2 $70,000 + OG + GS Currently a showroom, this space has maximum exposure with its floor to ceiling glass facing Central Coast Highway. The current fit out is mostly open plan and includes - Reception desk, timber look flooring throughout, private bathroom, staff kitchenette & office area The shop would be ideal for retail, allied health or display/showroom. FOR LEASE SUITE 4.37 ELEMEMT ERINA 23m2 $21,000 + OG + GST Fantastic rectangular office suite located in a prime position overlooking the stair well. Included is a recently installed sheer privacy curtain, high-quality carpet, LED panel lighting, dimmable pendant lights and TV mount. With access to common meeting rooms, breakout area and reception/waiting area.

3 4 Edgar Adams’ Editorial Central Coast Mariners brings community together 5 Mariners put Coast on the map with extra time thriller 7 Unprecedented industry challenges sinks Stevens Construction Vue Mer Gosford development on hold 8 Gosford developers update Chamber members 8 Business NSW Central Coast Economic Breakfast focus on Business Conditions 9 Urban Property Group acquires St Hilliers’ Gosford project 10 ‘Make Tomorrow in Manufacturing” 11 CCIC to share in funding for Food Agribusiness SME support 11 Healthy peanut snack manufacturer moves into new factory 11 Applications open for Hunter Manufacturing Awards 2024 12 Bitters manufacturer locates to Central Coast 12 Myrtec announces new office on Central Coast at Erina 13 Gilday and Molenaar emerge as Fitzpatricks Private Wealth 13 Gosford venues to participate in 24hour economy programme 14 Budget review – What it means for Central Coast businesses 15 Another big water rate increase on the way 16 Obituary – Vale Alan Edward Lanham 1942-2024 16 5 mistakes business owners need to fi x…now! 17 Workplace violence and sexual harassment 19 Hardys Bay development site on the market 19 Undisclosed religious group buys Dooralong property 20 Property News – Recent commercial / industrial sales and leasings 22 Funny Business CONTENTS Phone 02 4367 0733 Email Web CONTACT In this issue Central Coast Business Review is a Registered Trade Mark of Adams Business Publications Pty Ltd P.O. Box 3259, Erina, NSW 2250 Phone: (02) 4367 0733 Fax: (02) 4367 0744 Email: Typesetting by Graphic by Design ph (02) 4365 6777 Print & Distribution by Bromley Direct ph 0412 439 773 © Adams Business Publications 1994. All rights reserved. Reproductions in any part prohibited. While every effort has been made to ensure all information in this magazine is accurate, no responsibility will be accepted by the publisher, Adams Business Publications. The producer accepts no responsibility for illustrations or photographs supplied by organisations or individuals and/or typographical errors. Central Coast Business Review Readership 20,000+ DISTRIBUTION GUARANTEED VIA AUSTRALIA POST Listen to Edgar Adams on Coast FM each Monday 9:45am Also follow us on Linkedin CENTRAL COAST BUSINESS REVIEW JUNE 2024

4 residential and swimming pool builders and while they all report similar problems one of the most significant is that Central Coast Council is not getting Development Applications approved in a reasonable timeframe. Every builder we spoke to said that they have the work but are unable to get started because of Council’s intransigence. This Council under Administration has proved to be the worst possible council ever. They are willfully blind to the issues in the regional economy. The Environment and Planning Department’s Director is off on personal leave and no one knows when she will return. Meanwhile this Department is short by seven planning staff with no one wanting to work in the organisation. The remaining staff also get tied up with defending rejected Development Applications in the Land & Environment Court. Right now there are over 40 cases before the court, most of which will be overturned. In any business organisation the CEO would be looking for a job. At this Council the Administrator gave him a 5 year extension to his contract at more than $500,000 per annum!!!! AN ISSUE THAT divides the Central Coast community is the spread out nature of the region with suburbs and villages dispersed throughout. Everyone has a different agenda and a different opinion. However, sport has the potential to bring communities together and the Central Coast Mariners’ Grand Final win in late May proved beyond doubt that ‘Our Team’ did just that. For the first time ever the Industree Group Stadium in Gosford was filled to overflowing with over 21,000 fans plus thousands more watching the game live on Leagues Club Park and Kibble Park. And then there were the fans watching on television around the nation and around the world. The Mariners certainly put the Central Coast and Gosford on the map. Our congratulations to them for their courage and determination in going the distance and driving the final goal home in the last minutes of extra time. More good news for Gosford came right at the end of May with the news that one of Sydney’s most respected property developer, builder and investment companies, Urban Property Group, had stepped in to save the St Hillers’ Central Coast Quarter project in Gosford. Earlier, at the start of 2024 St Hilliers were forced to put the project into voluntary administration and construction stopped. A family owned company, Urban us led by the Elias Family with almost 40 years’ experience in building and development. With all the angst around big property developments in Sydney in recent years that led to the establishment of the NSW Building Commissioner, David Chandler OAM, it is heartening to know that Urban was the first developer ion Australia to get onboard with he NSW Government endorsed iCIRT ratings. In other words Urban is a trusted builder and developer. With St Hilliers also iCIRT rated and with the support of the Building Commissioner the Gosford project is back on track with construction teams back at work on site. CCBR welcomes Urban Property Group to Gosford and we trust that they will see more opportunities to invest in and around the CBD. This month we reluctantly report on the demise of Stevens Construction one of the Coast’s four major commercial builders. The building industry across Australia is in big trouble with rising material costs and shortages, soaring labour costs and difficulties with availability of skilled labour. Of course they are not the only builder in bother with 28% of all businesses going under in 2023 being in that industry. Here on the Central Coast the construction industry is the prime driver of employment and the economy. Not only that new homes need to be filled up with furnishings and appliances. CCBR has surveyed a number of local EDITORIAL Edgar Adams discusses local issues We’ll handle it from here • Major supplier of architectural hardware to the residential and commercial market • Door locks, handles, security and more • Consultation service available • Working closely with direct clients, builders, architects and interior designers • Visit our showroom today! Avoca Beach Architectural Hardware & Locksmiths 4382 1286 0412 437 327 177 Avoca Dr, Avoca Beach Edgar Adams Editor Central Coast Mariners brings community together CENTRAL COAST BUSINESS REVIEW JUNE 2024

5 BUSINESS NEWS IT WAS A day in history for the Central Coast when 21,379 supporters packed into Industree Group Stadium in Gosford and thousands more watched on from a live screen on Leagues Club Park to see the Central Coast Mariners win the Isuzu UTE A-League Grand Final. In what turned out to be the most thrilling game of all time the Mariners beat Melbourne Victory 3-1. Victory scored the first point in the 50th minute a were just minutes away from securing the title when Ryan Edmondson struck in the 91st minute to take the game to extra time. Seven minutes later and Miguel Di Pizio put the Mariners in front and then Ryan Edmondson in the 121st minute put the score beyond any doubt. Spectators went mad and swarmed onto the pitch to congratulate their heroes in a spectacular scene not seen before in any A-League Grand Final. The little Central Coast team who had been written off in the years since they won the Grand Final against the Newcastle Jets in February 2008 and then the grand final last year has proved that skill and persistence pays off. Commenting on the event, Industree Group Stadium Venue Manager, Kath Casey said, “The A-League Grand Final is being lauded as the greatest sporting event ever held on the Central Coast. “A new all-time record crowd of 21,379 was set after a sponsor funded additional seating at the southern end of the stadium, along with additional attendees as a result of the huge Grand Final overlay.” Thousands more packed into a Live Site across Dane Drive in nearby Leagues Club Park, which was hosted by Central Coast Council and supported by Destination NSW, the lead tourism arm for the NSW Government. “The unprecedented scenes at fulltime and the celebrations that followed were great for the Mariners and for football in our region and will leave a lasting legacy for the sport for generations to come,” Ms Casey said. Big enough to deliver yet small enough to care, our team of accredited, experienced senior lawyers are true experts in their fields of law. Professional, practical and passionate, we’ve been trusted by the Central Coast for generations. YOUR LEGAL LIFE PARTNERS AUBREYBROWN.COM.AU CONTINUED ON PAGE 6 “In terms of what the event meant for the Central Coast in the broader sense, it was by far the biggest event we have staged here at the Stadium, with the Grand Final driving visitation to new heights for this time of year and providing a boon for local business. “It also proved that we can host successful large-scale sporting events here on the Coast and showcased our beautiful stadium and the City of Gosford to the sporting world, while also bringing our community together.” Mariners put Coast on the map in extra time thriller Fans swarm onto the pitch following Central Coast Mariners’ win CENTRAL COAST BUSINESS REVIEW JUNE 2024

6 LOCAL SERVICE - DELIVERED GLOBALLY Phone: 02 4322 2246 CONGRATULATIONS TO OUR CENTRAL COAST MARINERS. WE ARE CHAMPIONS... AGAIN “Restaurants were heavily booked and the pubs, clubs and cafes were busy across the weekend but no more so than Saturday evening,” she said. “It was certainly a busy few weeks, with the Mariners’ home semi-final on May 18 followed by the Grand Final on May 25 . . . but we, like everyone on the Central Coast, will never forget the experience.” Gosford Hotel owner Jordan Harris said that Gosford was the busiest he has ever seen it and that included Friday when fans were arriving in town. “Our bar and dining was the busiest ever and all of our accommodation was booked out as well,” he said. It was almost as busy the previous week with the Semi Final he told CCBR. Jared Lyons, owner of Lyons Den Bar commented that he had never seen it as busy. “It was a great vibe,” he said.” For Gosford, Grand Final Day saw thousands of fans including over three thousand fans from Melbourne flock into and around the CBD and waterfront with businesses reporting the best trading day ever. Commenting on the day, President of the Gosford Erina Business Chamber, Peter Lawley OAM said, “What a sensational day and evening in Gosford CBD, with hospitality venues all operating at capacity, community members wandering the streets and soaking up the atmosphere.” He thanked staff from Central Coast Council for setting up the live sites on Leagues Club Park and Kibble Park which allowed thousands of fans to be part of the whole game. BUSINESS NEWS Mariners put Coast on the map in extra time thriller Central Coast Mariners players celebrate their win Mariners fans watching the game from Leagues Club Park CONTINUED FROM PAGE 5 CENTRAL COAST BUSINESS REVIEW JUNE 2024

7 Areyoua Central Coast based Hospitality Business? We can help you protect your company. CONTACTUS Fountain Plaza, Erina NSW 2250 02 4322 7856 Oracle Group (Australia) Pty Ltd ABN 75 131 025 600 AFSL 363610 BUSINESS NEWS Unprecedented industry challenges sinks Stevens Construction Andrew Cummins, and Peter Krejci will lead the voluntary administration process, conducting an urgent assessment of the company’s affairs. The primary focus will be to identify options to restructure the business or maximise returns to creditors, possibly through a sale. Meanwhile construction on all projects has been temporarily suspended as the administrators undertake their assessment. The administrators will work closely with the Stevens Construction team to investigate the situation and provide clarity to clients, employees, sub-contractors, and suppliers. Over the years Stevens Construction have built several iconic buildings on the Central Coast. They include; Bonython Tower and Ravello luxury apartments for John Singleton, Central Coast Grammar School’s Performing Arts Centre, Mingara One Aquatic Centre, Element Building Erina, The Rise Apartments at Wood Glen Retirement Village, Glengara Aged Care Facility and Aurrum Aged Care facility at Erina In 2019 Stevens Construction won the Master Builders Association of NSW Commercial Builder of the Year Award. Stevens Construction has no association with well known Central Coast property developer Stevens Group. Stevens Group sold the construction arm of the business to Mr Mailey and Mr Lewis some eighteen years ago. MAJOR CENTRAL COAST builder, Stevens Construction (NSW) Pty Ltd, in late May announced that it had entered into voluntary administration appointing restructuring and insolvency group BRI Ferrier as voluntary administrators. In making the announcement Stevens Construction Directors `Steven Mailey and Jason Lewis said, “This decision comes after 18 years of dedicated service in the construction sector, having been established in 2006.” “The construction industry has faced significant challenges since the onset of the COVID-19 pandemic. Unprecedented disruptions have led to skyrocketing building costs, reduced productivity, and critical shortages of materials and skilled labour. These factors have collectively placed immense pressure on Stevens Construction, making continued operations unsustainable.” We are acutely aware of the distress this news will cause to all those involved—our valued staff, suppliers, subcontractors, design consultants, and principals. We want to express our profound gratitude for your unwavering support and contributions over the past 18 years. Our priority now is to work closely with the appointed administrators to explore all possible avenues for a viable way forward. BRI Ferrier Principals Jonathon Keenan, The multi-storey Vue Mer Residences development in Gosford has stalled, with the NSW Building Commission deeming it unsafe. An engineer called in to test concrete on the site at the corner of Erina St and Henry Parry Drive said a redesign of the entire structure was needed. Construction of Vue Mer Residences, comprising more than 170 units, came to a halt on April 19 with a stop work order on the developer AHAA Investments Australia Pty Ltd. The property which comprised two sites, 122-124 Erina Street of 2,985sqm and 142 Henry Parry Drive of 828sqm, was acquired in 2020 for $11 million (Source: Corelogic) In April 2023 Pyramid Builders, owned by AHAA, filed for changes to the development seeking an additional two storeys with plans prepared by Pyramid Architects. The sole director of AHAA Investments is also director of Pyramid Builders and Pyramid Architects. Vue Mer Gosford development on hold Vue Mer Gosford development on the corner of Henry Parry Drive and Erina Street Gosford CENTRAL COAST BUSINESS REVIEW JUNE 2024

8 HELP GIVE A NEW BEGINNING DONATE TODAY RED SHIELD APPEAL MORE THAN 240 Central Coast business leaders attended the Central Coast Economic Breakfast at Mingara Recreation Club on Friday May 31 hosted by NSW Business Chamber Central Coast. Opened by the Hon. David Harris MP Minister for Central Coast, Aboriginal Affairs and Treaty, Gaming and Racing, Veterans and Medical Research, Minister for the Central Coast and Member for Wyong David Harris MP, made a particular point that council needs to address the critical issue of approving industrial developments as it is industry that employs people. At the same time approving residential zonings and development applications for housing is important, he said. “People need to live somewhere.” One of the key takeaways from his comments was the importance of the upcoming elections for Central Coast Council, which has had a host of challenges over the last few years. He said we need to elect those wo will put the local community first, whatever their political alignment, and not those that are interested in playing politics or in it for their own benefit. Other speakers included CBA Senior Economist Belinda Allen, Business NSW CEO Dan Hunter, and Business NSW Chief Economist Dr Sherman Chan. Dr Chan provided an overview of business conditions in NSW with the launch of the Business NSW quarter two Business Conditions Survey, She noted that business confidence was weak with challenging economic conditions. Business confidence on the Central Coast has declined over the past two quarters with no improvement in sight accordThe Gallery at Gosford RSL Club was the venue for Gosford Erina Business Chamber’s May Members’ Luncheon with panel of speakers providing an update on projects now underway and nearing completion in Gosford. An indication of the interest in these projects was the 120 members and guests who attended. Speakers included: Dimitri Karam who will head-up the new voco hotel in The Archibald building, Louise Campling, Development Director at Alceon building the new Rumbalara luxury residences, Russell Cooper CEO of Gosford RSL Club and Matthew Cooke from North Construction and Building who built the new Gosford RSL and is currently building the new Gosford Regional Library. Ms Campling gave an overview of their Rumbalara project which is nearing completion and announced that Alceon had recently entered into a joint venture with the John Singleton Group to develop the Group’s waterfront property at 49 Caroline Street, East Gosford. Mr Karam said the new voco hotel which is a brand of the IHG Hotels & Resorts brand would be a premium lifestyle hotel with 130-rooms and a portfolio of hospitality venues including conference facilities, restaurants, wellness facilities, outdoor pool with swim-up bar and signature restaurant and rooftop sky bar on Level 28 The hotel will be the second voco brand hotel in regional NSW. “This is an incredibly exciting development, and we are delighted to be part of a project that will transform the city of Gosford into a new lifestyle destination,” he said. It will help drive tourism across the region, and in particular to Gosford. ing to the Business Confidence Index. Business costs highlighted in the Survey were: Insurance, Energy, Taxes and other government charges, supplier costs, wages, transport, rent and loan repayments. A panel discussion on Central Coast renewable energy opportunities include: Clare Larkin-Sykes, Managing Director Forelight Advisory and Co-Lead of NewH2: the Hunter Hydrogen Technology Cluster Ian Smith, Executive Director, Office of Regional Economic Development Richard Wrightson, Chief Executive Officer, Delta Electricity (Coal) Darren Clarke, Director Planning and Policy, EnergyCo BUSINESS NEWS Business NSW Central Coast Economic Breakfast focus on Business Conditions Gosford developers update Chamber members CENTRAL COAST BUSINESS REVIEW JUNE 2024

9 HELP GIVE A NEW BEGINNING DONATE TODAY RED SHIELD APPEAL SYDNEY-BASED PROPERTY COMPANY, Urban Property Group, has exchanged on a transaction to acquire Gosford development project, Central Coast Quarter from St Hilliers with the transition being approved by the NSW Building Commissioner. St Hilliers, in early February, placed seven of their operating entities within the Group into Voluntary Administration including their Gosford development which included Stage 1 known as The Waterfront, a 25 level 136 apartments mixed development in the early stages of construction. Administrators have since then been negotiating to sell the property comprising a total of 4,114sqm on the corner of Mann Street and Vaughan Avenue. St Hilliers had gained Approval for 334 apartments and 2,800sqm of retail space following a design excellence competition across the site. A significant aspect of the transaction was that both St Hilliers and Urban are NSW Government endorsed iCERT certified developers and builders meaning that The Waterfront project is being built to a high standard of design and construction. With works to date being high quality, it has made the transition and purchase smooth, with buyers having peace of mind that St Hilliers has done a great job to date. The acquisition marks a strategic move by Urban to enter the high-growth Central Coast market, and they say showcases the capability of a well-capitalised, strategic developer in a relatively unpredictable market. Urban’s strategy prioritises buyer protection and quality assurance. This proactive approach underscores Urban’s reputation as a trustworthy partner in property development. Urban says it will honour the existing presales contracts with buyers already having been given the choice to rescind, giving buyer’s ultimate flexibility, while providing certainty on an end date. One of the key measures to be implemented by Urban to safeguard buyer interests is the application of 10-year Latent Defects Insurance (“LDI”), offering additional protection against unforeseen construction defects for 10 years from the date of purchase. It will also seek to retrospectively apply this significant consumer protection to buyers of CCQ and will also employ stringent quality assurance measures to ensure timely completion of the construction phases. Construction is set to recommence in the coming months. With a phased completion strategy spanning three stages, Stage 1, will include retail spaces, public domain, high-quality apartments, parking facilities, and a food and beverage precinct to complement the development. Commenting on the transaction NSW Building Commissioner, David Chandler OAM, said, “The smooth transition of the Central Coast Quarter project to Urban Property Group is an exhibit of everything that the NSW Industry reforms of the last five years set out to achieve. Trustworthy players delivering trustworthy buildings - which we backed by the assurance of iCIRT ratings and LDI – 10-year warranty insurance.” Patrick Elias, Chief Executive Officer of Urban Property Group, said “At Urban NEWS Property Group, we see the acquisition of Central Coast Quarter as not only a strategic investment, but also the chance to showcase the strength of our team and our commitment to excellence in property development. As a family business with over three decades of experience, Urban has grown into a multidisciplinary organisation with the capacity to fund, design, develop, and build its own projects, and brings this unique set of experience and values to Central Coast Quarter. Urban was one of the first developer and builders to achieve a NSW Governmentendorsed iCIRT rating, offering an assurance of quality in both the design and delivery of its developments. Urban Places is the Build To Rent arm of Urban Property Group. Urban Places creates and manages highquality residential communities. Meanwhile, Urban has confirmed that they will be able to absorb the St Hillier’s project team into the Urban Property Group team, and they will continue working on the project. Most subcontractors will also continue to work on the project. PROMO PRODUCTS & MERCHANDISE CREATIVE PACKAGING PRINT MANAGEMENT PROCUREMENT SOLUTIONS MARKETING & EVENT MANAGEMENT WAREHOUSING & LOGISTICS (3PL) 4352 7777 | | Based on the Central Coast, E-Bisglobal offers print management, procurement and software development to improve efficiency and maximise your bottom line. 23-EBIS-124 Your day-to-day processes could be costing you money if they’re not fit for purpose in today’s challenging world. Whatever the size of your business, with global strength and local knowledge, E-Bisglobal brings smart business solutions. We develop unique software systems, customer portals and online procurement systems to add value, save time and reduce costs. Is your business costing you money? Are you looking to boost business performance and save the planet? Using the latest digital technology to source sustainable print and promotional products, we helped a national healthcare provider cut costs and lead times, while also reducing waste and improving sustainability. That’s what we call a win-win! Let’s make a difference together. Can we reduce your carbon footprint? 23-EBIS-124 –3 Urban Property Group acquires St Hilliers’ Gosford project Central Coast Quarter Project showing Stage 1 Waterfront building far left CENTRAL COAST BUSINESS REVIEW JUNE 2024

10 he said. For young Indigenous people, it will provide an understanding of career opportunities and employment pathways in manufacturing.,” he said. The consortium members include Bara Barang Corporation Ltd, Central Coast Industry Connect, E-bisglobal, Borg Manufacturing, TrendPac, APM, Global Skills, Access Knowledge, Barang Regional Alliance and Aunty Madeline McGrady. The project has secured four years of funding and involves entry-level manufacturing training, cultural support individually and in yarning circles and connections to apprenticeships, traineeships and paid work in a variety of job roles. ‘Make Tomorrow in Manufacturing’ A UNIQUE INDIGENOUS Skills and Employment Program (ISEP) was launched last month at the premises of E-bisglobal in Tuggerah with the aim of addressing the skill shortages in the manufacturing and related industry sectors. The commencement of the project, ‘’Make Tomorrow in Manufacturing’’ marks the culmination of 18 months work with industry and community to co-design an employment pathway program to train and mentor Aboriginal participants 15-30 years old for work. The project is led by an Aboriginal community-controlled organisation, Bara Barang Corporation Ltd (BBC) in a consortium approach with industry, business, vocational training, employment service and community partners. An open competitive application process resulted in the project securing funding from the Australian Government’s Indigenous Skills and Employment Program with the support of a community joint decision-making panel convened by Barang Regional Alliance, the representative voice of the Central Coast Aboriginal community. Aunty Madeline McGrady is an Elder and resident of the Central Coast often involved in supporting projects to benefit Aboriginal youth. She is a member of the consortium and attended the project co-design workshops. When asked about the importance of her role, she said, “If we as Elders and leaders can instill our youth’s cultural integrity intact, they can walk out the door and take on the World.” The General Manager of Bara Barang, Andrew Malloch knows that it’s critical to bring together diverse groups to effect positive change. He said that to successfully implement the project, ‘’There must be strong relationships with business and community, job-related and culturally appropriate training, holistic support and strong staff commitment. ‘Make Tomorrow in Manufacturing’ has these ingredients, so we are in a position to create the strongest outcomes for everyone participating in the project’’. Supporting the project, is Frank Sammut, Executive Director of Central Coast Industry Connect. ‘’CCIC is pleased to be involved in this important program that helps educate manufacturing employers of the benefits of employing local Indigenous people and at the same time, provide potential candidates to fill the current and future staff shortages,” MANUFACTURING NEWS HELP GIVE A NEW BEGINNING DONATE TODAY RED SHIELD APPEAL NEED TYRES? WE’VE GOT THE COAST COVERED” “ Sarah Keenan Director, BreezEQ Accountants Pty Ltd, Joel Smeaton BBC Indigenous Skills Coordinator, Peppa Griffioen Programme Facilitor, Matt Stanton, Clay Williamson BBC Programme Coordinator, Chris Thew BBC Operations Manager, Andrew Malloch BBC General Manager), Mark Cleary (The Big Paddle Company) & Larry Trudgett Cultural Mentor CENTRAL COAST BUSINESS REVIEW JUNE 2024

11 FEDERAL MINISTER FOR Industry and Science, The Hon Ed Husic MP announced in early May that the Food and Agribusiness Network (FAN) had been awarded a total of $2 million in grant funding under the government’s Industry Growth Programme. FAN led a consortium made up of four groups from Victoria, Tasmania and Western Australia and Central Coast Industry Connect from NSW. One of four Industry Partner organisations announced by the government, the consortium project called “Custer Connect” will be focused on supporting and providing expert sector specific advice to Food and Agri SME’s. The consortium group has been working together for some time, sharing knowledge and experiences to help each other sustain and grow their respective organisations enabling them to support their food and agribusiness industries. Commenting of their success in gaining the grant, CCIC Executive Director, Frank Sammut said, “the power of collaboration really shone through this experience. As a Cluster Network we have coverage of five states and a wealth and depth of experience and knowledge we bring to the food and Agri industry.” “Three of us are building Food Hubs and we have a significant Industry and supplier base across our networks. As a cluster network we have access to a range of research partners, export expertise and a good understanding of grass roots issues.” Mr Sammut praised the work of Nicole McNaughton, CEO of the Food Agribusiness Network, who led the application. “The leaders who make up this Network are all passionate people who are making a difference,” he said. Final details of the programs that the Cluster project will deliver are currently being discussed with the Federal government and it is expected that these will be made public in late June. CCIC will play a major role in supporting SME food and Agri businesses within NSW and within the national cluster network. CCIC to share in funding for Food Agribusiness SME support NEW PATIENTS Comprehensive checkup & clean Includes up to 5 x-rays No Gap (with health insurance) or $290 OFFERS (all patients) Free orthodontic consultation Free dental implant consultation Free cosmetic makeover consultation FINANCE We bulk bill the Medicare CDBS Zip Pay & Zip Money payment plans We partner with SuperCare General Dentistry | Emergency Care | Cosmetic Dentistry Orthodontics & Invisalign | Sleep Dentistry IV Sedation | Oral Surgery Wisdom Teeth Removal | Dental Implants | 3D CT Scanning 02 4323 1933 | Suite 10, 36-40 Victoria Street, East Gosford NSW 2250 OPEN 7 DAYS 40 YEARS LOCAL MANUFACTURING NEWS Having succeeded in developing and successfully trial marketed a new peanut snack product onto the Australian market Felipe and Valeria Testa have moved into a factory unit in West Gosford and putting them on a path to grow their new business. Developed in their kitchen at home and based on a peanut snack popular in Brazil the new healthy snack product to be marketed under the name ‘The Loggie’, is made from all Australian plant based, all natural ingredients. The Testas migrated from Brazil ten years ago and have test marketed the product through the large Brazilian community in Sydney’s northern beaches and on the Gold Coast in Queensland. The product is based on a Brazilian Peanut Candy known as Pacoca and manufactured by Mr Testa’s family in Brazil. It is a popular snack which contains sugar and is one of three products now being made at West Gosford. One, known as the Original, contains sugar, the second contains coconut sugar and the third, the flagship product is sugar free. The Loggie factory presently produces around 500 kgs per month however with new machinery now being installed that will be ramped up. The Loggie will be introduced to health food stores and small supermarkets as production ramps up. Meanwhile the product is available online at Minister for Industry and Science, Ed Husic MP Healthy peanut snack manufacturer moves into new factory Felipe Testa Central Coast manufacturers are invited to enter the 2024 Hunter Manufacturing Awards with applications closing 21st August and Finalists announced 19th September. The Hunter Manufacturing Awards are all about inspiring and recognising excellence in this diverse and vital sector – and shining a light on manufacturing organisations small and large. Past participants have benefited both from the process of applying, and from the boosted reputation and visibility from winning. This opens doors to valuable business opportunities that can lead to unimagined pathways for your business. There has never been a better time to reflect on your achievements, and no better way to celebrate them, than with HMA2024! For more information visit: registration-2024/ Applications open for Hunter Manufacturing Awards 2024 CENTRAL COAST BUSINESS REVIEW JUNE 2024

12 BUSINESS BRIEFS 0415 601 591 REVOLUTIONISE YOUR DIGITAL PRESENCE Elevate with AI-Powered Websites – Where Innovation Meets Impeccable Design Bitters manufacturer locates to Central Coast Michael Childs with a bottle of Convict Bitters and the trophy for Best Bitter at the Australian Distilled Spirits Awards in 2022 The multi-award-winning aromatic bitters manufacturer, Convict Bitters has relocated from a facility in Sydney buying a warehouse/factory unit in North Wyong. Convict Bitters is made using unique Aussie native botanicals, initially created to make the best Lemon Lime & Bitters drink. Founded in 2019, by father and son duo Keith and Michael Child the pair had a passion for bitters long before Convict began. It started over 20 years ago as a father-son bonding hobby on the weekends and after years of passionate research, experimentation and discovery, it has grown into what it is today. Convict Bitters is sold through bottle shops and on-trade venues such as pubs, RSLs, restaurants, clubs and bars across Australia. Keith Childs recently sold the family home of 15 years in north-west Sydney to semi-retire and move to Gorokan. Myrtec, a Newcastle-based IT company specialising in managed services, has opened its third office in NSW at the Element Building in Erina. Commenting on their recent growth Myrtec Director Tristan Hough said, “This expansion will allow our customers to save money on costs associated with travel, and access onsite support much faster where required. Myrtec Business Development Manager Rob Dawson said that this will not be just a satellite office. “ We have already recruited a local Engineer, Prabin Poudel, who is now permanently based in our Central Coast office. “We are on the Coast for the long-term and look forward to being able to contribute back to the local community and economy through our localised efforts,” he said. In Newcastle, Myrtec is known for hosting lunch-and-learn ‘Techshops,’ which are free educational events for their customers and the wider business community to attend. Techshops empower business owners and decision-makers alike to feel confident when making decisions surrounding their IT stack. Myrtec announces new office location on Central Coast at Erina Myrtex Business Development Manager Rob Dawson, Myrtec Brand Manager Skye Harvey and Central Coast Engineer Prabin Poudel CENTRAL COAST BUSINESS REVIEW JUNE 2024

13 Gilday and Molenaar emerge as Fitzpatricks Private Wealth Brett Gilday and Carl Molenaar Brett Gilday, Carl Molenaar and the team, formally of Moneywise Group, and then Kelly+Partners Private Wealth, have returned like a boomerang back to their roots, re-emerging as Fitzpatricks Private Wealth (Central Coast). Mr Gilday reflected on their recent journey back to Riverside Park, where they resided for 14 years before their move to the Kelly+Partners offices at Erina. Having joined Kelly+Partners to expand their retail financial advice offering. “However two years after joining Kelly+Partners we came to mutual agreement with head office that Kelly’s were excellent at gaining synergies by merging accounting practices into their existing systems, and relationship businesses like strategic financial advice, were very different from accounting.” “To that end, having taken on the K+P Sydney retail wealth group we have reemerged as Fitzpatricks Private Wealth (Central Coast). Having been private client advisers since 1999, we understand that successful, busy, affluent families often have a number of advisers, but believe that there is generally a void in bringing it all together,” Mr Gilday said. Gosford venues to participate in 24-hour economy programme Gosford CBD hospitality businesses will participate in the State Government’s Uptown Accelerator initiative aimed at collaboratively developing a district’s identity. In early May the 24-Hour Economy Commissioner, Michael Rodrigues, hosted a Uptown Accelerator briefing and networking event of interested Gosford venues at the Hotel Gosford attended by a number of venues interested in participating in the Accelator’s benefits. Mr Rodrigues was joined by representatives from three districts in Sydney who spoke of their experiences and their successes. They included the Brookvale Arts District (24-hour arts, industry and entertainment destination), Hollywood Quarter (Darlinghurst and Surry Hills) and YCK Laneways (precinct between Sydney Town Hall and Wynyard). All spoke highly of the success of programme in terms of improved economic activity in each District. Juan Iocco from the Funhaus Factory in Kibble Park with support from the Gosford Erina Business Chamber will lead the Gosford programme. BUSINESS BRIEFS C M Y CM MY CY CMY K 3H 180x100 Mar23 Newest Finalest Final For s 4.pdf 1 21/8/2023 11:18 am Meanwhile, Central Coast Council is partnering with The Live Music Office and APRA AMCOS to pilot a new project designed to build capacity in the live music industry in the region. This will involve ongoing dialogue between Council, local venues and local musicians to grown and develop live music offerings in Gosford and elsewhere in the region. The aim is to develop two “live music trail’ events in the Gosford CBD supporting up to ten venues. Council is currently seeking expressions of interest from Gosford CBD-based venues to participate in this brand-new program, Live and Local supporting live, local and live music trail in late 2024 Live and Local is delivered in partnership with the Live Music Office, and APRA AMCOS, with support from Central Coast Music and Arts and Gosford Erina Business Chamber. EOI Open: 3 June 2024, Close: 7 July 2024 information on Central Coast Council’s website: Argyle Estates Buying or selling a quality business, contact the experts on the Central Coast 024332 6555 EST. OVER 40YEARS Business Brokers Argyle Estates Graham McMullen – Licensee F.A.I.B.B. 0419326555 CENTRAL COAST BUSINESS REVIEW JUNE 2024

14 BUSINESS NEWS THE FEDERAL GOVERNMENT’S 202425 Budget was a nothing event for small businesses struggling to stay afloat midst government induced cost increases. Key announcements included: • The extension of the $20,000 instant asset write-off for depreciating assets until 30 June 2025, • A $325 energy bill relief rebate for eligible small businesses, • Removal of 457 ‘nuisance’ tariffs on a range of imported goods from July 1 to help reduce compliance costs, • Investment into 20,000 free TAFE places in courses relevant to the construction sector, in addition to the 300,000 feefree TAFE places in areas of priority skills. Industry Growth Program $392.4 million has been committed to the Industry Growth Program which aims to help small to medium-sized start-ups commercialise their business ideas and grow their operations. The program will provide business grants and mentorship programs. Defence industry grants $183.3 million will be invested in defence industry grants to support small and medium businesses. This includes the development of the Defence Industry Development Grant Program that aims to provide more opportunities and reduce the administrative load on small and medium business owners. Increased contract opportunities To help small businesses increase their opportunities to win Government contracts, the Federal Government will be reviewing and simplifying its procurement process. Cyber security support In order to help small business owners build their in-house capability to protect themselves from cyber threats, the Federal Government will: • Continue to facilitate the Cyber Wardens program, providing free online training for small business owners and their staff. • Provide funding to the Small Business Cyber Resilience Service, which helps businesses build their cyber resilience and provides support when businesses are affected by a cyber incident. • Fund the Cyber Health Check interactive tool that will help businesses assess their cyber security maturity. Small business support programs; The Federal Government will continue to fund the NewAccess for Small Business Owners mental health program and the Small Business Debt Helpline. Both services provide free and confidential support to business owners across Australia. Funding has also been committed to: • Implementing a government response to the recent review of the Franchising Code of Conduct. • Funding to support the Fair Work Ombudsman to assist small businesses to understand and comply with workplace relations changes. • $10 million in support of employers administering the paid parental leave scheme. The Council of Small Business Organisations (COSBOA) said small businesses are lamenting the lost opportunity in the 2024 budget to back 2.5 million organisations currently suffering from the cost-of-doing-business crisis and increasing regulatory requirements. Making up 97 percent of all Australia’s business landscape, small businesses play a crucial role in sustaining more than 5 million jobs. Currently 43 percent of small businesses are not profitable and are facing a perfect storm of rising costs and complexity. In this context, it is disappointing that further relief and encouragement for small business was not front and centre in the Federal Budget 2024. Energy relief rebate a joke As noted in the NSW Business Chamber’s NSW Business Conditions report on Page 8 of this issue Energy costs are at the top of the list for concerns about business costs. All business operators contacted by CCBR said that the $325 energy bill relief rebate is but a drop in the ocean and goes nowhere near addressing the rising costs of electricity and gas. Budget review – what it means for Central Coast businesses Get a higher return on your ad spend with CCBR Call Edgar Adams now on 0404 472 571 or email: HERE’S WHY ADVERTISING IN CCBR WORKS... • Readers actually see your ad! • Most widely read and trusted business publication on the Central Coast • Surveys show 94% of readers are likely to contact advertisers • Quality content guarantees readers retain their CCBR’s over 3 months • Reach over 20,000 business readers each month Stop Paying too much for tyre-kickers on Google Ads Advertise in CCBR CENTRAL COAST BUSINESS REVIEW JUNE 2024

15 CENTRAL COAST COUNCIL NEWS CENTRAL COAST COUNCIL water rates will rise another 12% on 1st July. A typical water bill, based on 170kl water usage per year, will go up from $1,414 to $1,582. In 2021/22, the same typical water bill was just $1,047. This means water bills will have risen an eyewatering 51% in just 3 years. In contrast, Sydney Water and Hunter Water will not be increasing prices at all next year. A typical water bill in Sydney remains $1,232 and Hunter $1,407. Central Coast customers will be paying 28% more than Sydney Water customers, and 13% more than Hunter Water customers – and for a worse service! Water Rates Heading North, Service Quality Heading South It was back in 2021/22 that Central Coast Council (CCC) sought permission from IPART to massively increase water rates over four years. In approving CCC’s application, IPART argued the extra money was necessary for CCC to “deliver good quality water and services to its customers and improve its performance.” IPART even used widespread customer dissatisfaction with CCC’s performance as a justification, naively arguing higher prices would automatically lead to better performance. IPART ignored warnings from ratepayers that throwing extra money at inefficient organisations doesn’t necessarily deliver improved performance. Quality of management, organisational culture, productivity, and efficiency are more important. And these warnings have been shown to be prescient based on CCC’s performance results. CCC’s annual water and sewer performance report covering the first year of the price hike showed water quality complaints up 30%, unplanned service interruptions up 18%, water lost to leaks up 20%, and water main breaks up 13%. And the latest performance report published last month shows Council well behind even its own soft targets on unplanned interruptions, main breaks, and wastewater overflows. Customers are getting terrible value for money. IPART’s quarterly customer satisfaction surveys show CCC lagging well behind comparator water utilities in Victoria. CCC’s overall satisfaction typically ranges between 5.4 to 5.7, compared to 6.3 to 7.3 for comparable Victorian utilities. When Sydney Water and Hunter Water were also included in the survey, they also comfortably outperformed CCC with Sydney averaging 7.1 and Hunter 6.9. Structural Reforms All this has led to calls for radical solutions based on structural changes or even changes of ownership. CCC itself commissioned Kellogg Brown and Root (KBR) to report on a limited range of structural options. In February 2022, KBR’s report recommended a change of structure to a Council owned water corporation. KBR also detailed a number of improvements that CCC should be implementing irrespective of structural change, including cost savings through integration, better budgeting and financial reporting, and improvements in performance and efficiency through better processes, systems and training for management and staff. It was resolved that CEO David Farmer would investigate these recommendations further and report back, but he has still not reported back to Council in the subsequent two and a quarter years. So, while Mr Farmer fiddles, ratepayers continue to burn Another big water rate increase on the way By Kevin Brooks, a former elected Council Leader from the UK. He is a retiree having worked in senior positions in the public and private sectors, including global banks CENTRAL COAST BUSINESS REVIEW JUNE 2024

16 OB I TUARY | BUSINESS TIPS VALE ALAN EDWARD LANHAM 1942 - 2024 5 mistakes business owners need to fix…now! ONE OF THE Central Coast’s best-known retailers for over more than 40 years Alan Edward Lanham of Green Point passed away peacefully on 16th March 2024 after a long illness. After leaving school in the late 1950s he became an apprentice plaster and gained his tradesman’s certificate but decided that the industry was not for him. Mr Lanham’s career in retail started in 1967 as a salesman with Norman Ross then quickly as a store manager before moving to the Central Coast in 1972 to manage their first store in Gosford. He would remain with Norman Ross and then Harvey Norman until retiring in 2018. Mr Lanham’s name was synonymous with the electrical and furniture retail brand Norman Ross Discounts and subsequently Harvey Norman Discounts on the Central Coast. Meanwhile, Gerry Harvey and Ian Norman had founded Norman Ross in 1961 and were growing their retail chain of stores. Mr Lanham joined the company in 1968, as a salesman in their Alexandria store and in a short space of time was appointed Assistant Store Manager at the company’s store in Canberra. Four years later he was promoted to Manager to their store in Gosford, their first store on the Central Coast. Having produced results beyond the company’s expectations he was awarded Harvey Normans’ prestigious Store Manager of the Year In 1976 as well as the coveted Managing Director’s Shield for the Store of the Year and followed this up by winning the Store Manager of the Year Award in 1979. He followed this up with a similar award in 1980 along with the Norman Ross Innovators of the 80s Award. In the early 1980s Norman Ross was sold to Grace Bros and subsequently on-sold to controversial businessman Alan Bond who, within six months had sacked Gerry Harvey and Ian Norman. Within a few years Gerry Harvey established Harvey Norman Discounts, opening the first store in Auburn in 1982 and then in 1985 opening the new store at West Gosford with Alan Lanham setting it up. Then followed the opening of a second store on The Entrance Road, Erina in 1999 and the much larger store in Karalta Road, Erina in 1992 which was the largest furniture showroom outside the Sydney Metropolitan Area. Alan Lanham was responsible for the growth of these stores along with the Joyce Mayne store at West Gosford acquired by the Group in 1988. In 1988 he relieved Michael Harvey who was a Director of the Group for a period of six months, a stint which gave him the opportunity to work alongside Gerry Harvey learning and being part of the management of the Group. The six months would stretch out to ten years. In 1998 Gerry Harvey and his wife Katie Page saw an opportunity to establish a furniture and electrical superstore in Slovenia and asked Mr Lanham to take on the challenge. He opened the first store in Ljubljana in 2002. In 2007 Alan Lanham, known throughout the industry as ‘Lofty’ retired and was honoured at a gala dinner in Melbourne for his 40 years of service working with Gerry Harvey and Ian Norman. Commenting on his years first with Norman Ross and then with Harvey Norman, Gerry Harvey said, “Alan was a part of the Harvey Norman family, he was part of our inner circle from the beginning and most highly regarded for all the years right through and beyond his retirement.” After an active life he found retirement wasn’t working and with Gerry Harvey’s acquiescence established Harvey Norman Security based at Lisarow selling security systems. In 2018 he retired permanently. During his career Alan Lanham was very involved in the local community. He was a Charter Member of the Rotary Club of West Gosford, held many club service positions and was President in 1983-84. He was named a Rotary Foundation Paul Harris Fellow in recognition of his service to the community. It was through this association that he became very involved with the Salvation Army and the Red Shield Appeal. He was Gosford then Central Coast Advisory Board Chairman for 17 years. Alan filled many roles on the Red Shield Appeal Committee for the Central Coast and door knocked on their behalf. He was very generous with his time and influence in support of the Salvation Army. He is survived by his wife Marianne, children Ian, Michelle and Corinne and seven grandchildren. 1. Fail to plan, plan to fail Few small businesses have a working budget and cash flow forecast that is rolled over on (at least) a quarterly basis. As a result, they make decisions based on guesswork. A solid budget requires the following information, ideally seasonalised and presented on a month by month basis. Once you have a budgeted profit and loss account, you should then create a cash flow forecast. This differs from the profit and loss budget because it is looking at the cash inflows and outflows. As such, it needs to take account of how long your customers take to pay you, how quickly you turn over inventory, how quickly you pay your suppliers, any loan repayments due and any forecasted capital expenditure that will not appear in the budget profit and loss account. For a thorough budget that could be presented to a bank to get financing, you should also complete a budgeted balance sheet. 2. Financing capital expenditure out of cash flow As a general rule (if possible), it is good practice to cash flow the lifetime of a purchase. By that I mean: if you are buying stock to sell in the short term, then finance it out of your day-to-day working capital. But if you are buying a large piece of machinery with a ten-year life, then you should look to finance it over ten years. Similarly, don’t fall into the trap of spending your money on flashy assets out of your cash flow after just one good quarter. Generally, I prefer to keep cash for a ‘rainy’ day and use Asset finance, which is relatively easier to secure than other types of finance – such as a HP, lease, term loan. CONTINUED ON PAGE 17 By Troy Marchant, Director, Adviceco Chartered Accountants CENTRAL COAST BUSINESS REVIEW JUNE 2024