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
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