CCBR Business Review

Kelly+Partners Chartered Accountants, helping Private Business Owners who want to be better off. 02 7203 3090 kellypartners.com.au betteroff@kellypartners.com.au Print Post Approved – PP100001854 Published monthly (except January) June 2022 Construction to commence on Gosford RSL Redevelopment SUPPORTINGBUSINESS ONTHE CENTRAL COAST 33 YEARS FOR Central Coast at World Hydrogen Summit Rotterdam Page 8 Edgar Adams’ Editorial A poisoned chalice for Labor? Boostingmanufacturing on the Central Coast Coast returns to Labor

FOR SALE/LEASE SUITE 2.32 PLATINUM BUILDING ERINA 55m2 For Sale $330,000 For Lease $22,000 + OG + GST Stylish open plan o ce with oor to ceiling glass façade. On  oor kitchenette, waiting area and 2 meeting rooms. One dedicated car space. A fantastic building and precinct to work in. FOR LEASE SUITE 4C FOUNTAIN PLAZA ERINA 312m2 $150,000 + OG + GST Warm shell or complete t-out option available, design your perfect work space to maximise the e ciency of your business. Generous incentives o ered depending on lease terms. Surrounded by National and International tenants, fantastic exposure. FOR LEASE SHOP 1 FOUNTAIN PLAZA ERINA 234m2 Contact Agent Located at Fountain Plaza’s main entry, looking onto the busy Karalta Road, this space has a very wide shop front and fabulous exposure. Generous incentives o ered depending on the lease terms. FOR LEASE SUITE 4 ERINA PLAZA ERINA 70m2 $22,000 + OG + GST Already t out and o ering natural light plus end of trip amenities, this could be the suite for you. Includes, kitchenette, 2 glass partitioned o ces a large reception and waiting area, 2 x WC’s, 1 shower / store room, Accessible seat lift on site. PHONE 4365 4566 www.commercialhq.com.au Nicole Barr 0418 230044 e: nicole@commercialhq.com.au FOR LEASE OFFICE 8A FOUNTAIN PLAZA ERINA 118m2 $45,000 p.a + OG + GST Open plan corporate suite, freshly painted, new carpet, excellent natural light, ducted air. Small entry and reception. Anchor tenants galore. FOR SALE 89 SPRINGFIELD RD SPRINGFIELD ARUM ESTATE Contact Agent 18 vacant lots ranging 5501135m2. 5 lots already Sold. Nestled amongst a picturesque rainforest and a short walk to Spring eld Park “Bushlands Reserve”. Newly laid roads with curb & guttering. Zoned R2 Low density residential. A R U M E S T A T E . C O M . A U 18 large lots. Make one yours. Build your coastal dream here. L A N D F O R S A L E

3 Edgar Adams’ Editorial 4 A poisoned chalice for Labor? Business news 5 Coast returns to Labor 6 Tuggerah Super Centre ownership change 7 Central Coast at World Hydrogen Summit Rotterdam 7 Star Scientific wins New Economy Innovation Award 8 Central Coast exporters meet NSW Trade and Investment Commissioners 8 Another successful Air Show 9 Construction to commence on Gosford RSL Redevelopment 9 UON appoints Key2 Realty to source student accommodation 10 Managing Supply Chain Risk in the Post-Covid World 10 NAB joins CCIC as major sponsor 11 Boosting manufacturing on the Central Coast - A Labor promise 6 Speakers 6 Insights at CC Sustainability Association May function 12 Community First Bank relocates to Platinum Erina 12 New owner for Lakeside Newsagency 12 Tuggerah Super Centre Manager to continue following sale 13 Café opens at Nexus 13 Bendigo Bank relocates regional office to Erina 14 Council rates to be maintained following IPART decision 17 Property sales and leases 20 Four priorities for the ATO this tax time 20 Small business strategy to chart future course 20 Warwick Ryan - So…. What is ‘reasonable’ overtime? 21 Troy Marchant - Mind your business – Small business defense against inflation 22 Funny business In this issue CO N T E N T S Readership 20,000+ DISTRIBUTION GUARANTEED VIA AUSTRALIA POST Phone 02 4367 0733 Email info@ccbusinessreview.com.au Web www.ccbusinessreview.com.au CONTACT Also follow us on Facebook and Twitter 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: info@ccbusinessreview.com.au 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 CENTRAL COAST BUSINESS REVIEW JUNE 2022

4 Their plan is to change the world at any cost and they have some idea that Australia will set the example. As for the poisoned chalice Mr Albanese moves into government as the world is changing at rapid speed. It started with COVID and is now being intensified with the Russia Ukraine invasion that has seen sanctions on Russian gas and oil. Russia and Ukraine produce almost 30% of the world’s grain. Europe, totally dependent on Russian gas and oil, is now being forced to put climate change on hold as they wake up to the reality that renewables don’t cut it. At the same time in California and Texas the lights are out due to their reliance on renewables. Food prices are skyrocketing worldwide and causing inflation to take off. No Australian government can control this. Supply chain issues because of the pandemic have caused all sorts of shortages from commodities to goods and this could last years. Costs that have been held down for 30 years since we engaged with China are rising as we wake up to the fact that we have been living in a bubble and the party is over. Unemployment is the lowest in 48 years so there is only one way for that to go. Australia’s success since Federation has been stable politics. Liberal or Labor no riots when the government changed. It is A poisoned chalice for Labor? FIRSTLY, THOUGH, our congratulations to Dr Gordon Reid and Emma McBride on their election in Robertson and Dobell and also Pat Conroy in Shortland which flows down into the northern end of the Central Coast. With three Members who are part of the government the Central Coast’s voice should certainly be heard in Canberra. While the Senate votes are still to be counted we can assume that Senator Deborah O’Neill will be elected also. A Central Coast resident Ms O’Neill can always be relied on to the support the region. The May 2022 Federal Election will go down as a watershed moment in Australian political history, not because there has been a change in government but because we will now have a government influenced by a huge number of independents all with the belief that their ideas will save Australia and the World. The Teals – financed by a squllionaire who inherited his wealth from a corporate raider – all come from a privileged upbringing and little knowledge if any of the world prior to 1990 when peace across the World broke out and set us on a path to global prosperity. But first we must congratulate Mr Albanese and Labor for taking government although he will have to navigate his way around the Teals and The Greens all of whom think fairies grow at the bottom of the garden. The Liberals have been their own worst enemy, and this is also the case in NSW. Who are they? We know exactly where we are with Labor – Left. But the Liberals have some idea that they can be all things to all people. It doesn’t work. Trying to capture the middle ground isn’t easy and this election has shown that there is no middle ground. Right now there is little middle ground within the Liberal Party it is mostly Left and very little Right. While Mr Morrison had to navigate a period of untold turmoil, firstly with bushfires, then drought and finally COVID on too many occasions he showed he did not have the capacity to relate to people at any level. No leadership. But it goes further. The Liberals at the grass root level have lost their way in finding good quality candidates and giving them time to get established out in the electorate. The Liberals need to understand that they are competing with a highly organised professional group of career politicians who cut their teeth in the union movement and local government. To them politics is not a hobby it is a ruthless, no holds barred occupation. The niceties of life don’t enter their head. As for the Greens, and now the Teals, we have here a very dangerous grouping of activists who have the capacity to undermine our very democracy. E D I T O R I A L Edgar Adams discusses local issues CONTINUED ON PAGE 21 177 Avoca Drive, Avoca Beach | Telephone 4382 1286 www.avocaarchitectural.com.au Visit our new showroom With the largest exclusive range on the Coast of designer handles, locks, hinges and sliding door tracking, sourced from the world’s leading manufacturers. AUSTRALIA WIDE REPUTATION Supplying luxury home builders for over 35 years • Locksmiths - Locks repaired and re-keyed • Deadlocks supplied & fitted • All types of keys cut • Restricted master key systems • Mobile workshop Covering the Central Coast • All hours service 0412 437 327 CENTRAL COAST BUSINESS REVIEW JUNE 2022

5 Coast returns to Labor B U S I N E S S N E W S THE CENTRAL COAST has returned to its roots as an ALP stronghold with Member for Dobell being convincingly reelected and Dr Gordon Reid, with the help of The Greens out voting Member for Robertson Lucy Wicks. Early results showed Dr Reid with 39% and Mrs Wicks 39% of the first preference count. The Greens got almost 10% which secured Dr Reid’s position. All up, eleven candidates stood in Robertson. In Dobell Ms McBride got 43% with Liberal candidate receiving 39%, again The Greens’ almost 9% of the vote ensured Ms McBride would walk in. The two candidate preferred vote after the first day’s count showed Ms McBride with 56.5% and Dr Feneley with 43.5%. Ms McBride increased her margin this time around from 51.5% in 1999. Ms McBride is the daughter of the most popular State Member the Coast has ever had, the late Grant McBride, who represented The Entrance Seat for almost 20 years. During that time he was Minister for Gaming and Racing and Minister for the Central Coast. Ms McBride was Chief Pharmacist and then Deputy Director of Pharmacy at the Central Coast Local Health District for ten years until 2016 when she was elected the Member for Dobell. In the last parliament she was Shadow Assistant Minister for Mental Health and Shadow Assistant Minister for Carers. Dr Reid is the son of Woy Woy funeral director Bryan J Reid Funeral Services, Gordon Reid attended Umina Public School and then Central Coast Grammar School. He achieved his medical degree at the University of Newcastle and subsequently worked Gosford, Woy Woy andWyong hospitals. Elected in 2013 Mrs Wicks leaves a legacy that saw the University of Newcastle establish the recently opened Central Coast Clinical School and Research institute and ensured funding of $18 million in the 2019 Federal Budget for a new campus in the Gosford CBD for the UON. She also saw the Australian Taxation Office built in Gosford although her claims that 600 taxation people work in the building have always been disputed with many saying there are less than 100. our teams include Across business, property, criminal, family law and wills & estates law, Emma McBride MP Dr Gordon Reid MP Shadow Minister for Industry and Innovation, Ed Husic MP and Member for Dobell Emma McBride (centre) announced in early May that an Albanese Labor Government will boost manufacturing jobs on the Central Coast by funding a Food Manufacturing Innovation Hub with a $17.4 million investment in a Food Manufacturing Hub at Lisarow (See Page 11) CENTRAL COAST BUSINESS REVIEW JUNE 2022

6 73% of consumers lose trust in a business with inaccurate listings and 88% of consumers look to online reviews when making buying decisions. Stop losing customers to your competitors and start winning them back. Fix your listings, digital advertising, websites, SEO and social media. DOMINATE THE CENTRAL COAST MARKET 67 Barralong Rd Erina NSW 2250 Australia Alex Mallett alexm@localdigitalexperts.com.au m. 0449 883 302 localdigitalexperts.com.au oddfishmedia.com.au Visit localdigitalexperts.com.au and request a free digital footprint report. LOCAL DIGITAL EXPERTS B U S I N E S S N E W S Tuggerah Super Centre ownership change FOLLOWING THE MERGER of ASX listed Aventus Capital Limited with HMC Funds Management Limited in March earlier this year Tuggerah Super Centre’s ownership will now come under HMC’s control. A media release from HMC Capital in February 2022 says, “Listed in November 2020 with $800m of assets, HDN is now Australia’s leading daily needs REIT with At the same time that Aventus acquired the Super Centre/Bunnings site they acquired a 5.58Ha vacant site 11 Bryant Drive opposite the Centre, also from Bunnings, paying $3,750,000. $30 million development on 11 Bryant Drive site approved Aventus was planning to develop the vacant site and had lodged a Development Application in 2019 for a $30 million retail and food and drink complex. The Central Coast Local Planning Panel deferred a decision in July 2021 to allow adjoining property owners to comment and was approved in February this year. The complex will comprise three large retail buildings over 10,000 sqm, two 700sqm dining zones as well as alfresco dining, drive-thru and take away restaurants. Centre Manager, Vicki Westwood will continue to manage centre with HMC Capital appointing her Retail Manager. Ms Westwood has been involved in the management of the Centre from the time when it was developed and owned by Terrace≈Tower Group is 2007. $4.4bn portfolio of strategic real estate infrastructure in the best metro locations and growth corridors.” In 2015 Aventus acquired the Centre, including a Bunnings Wearhouse, on a 7.16Ha site at 2 Bryant Drive Tuggerah from Bunnings Properties Pty Limited paying $41,250,000. Following the purchase Aventus refurbished the Centre which now has a 90% occupancy. Tuggerah Super Centre CENTRAL COAST BUSINESS REVIEW JUNE 2022

7 B U S I N E S S N E W S Central Coast at World Hydrogen Summit Rotterdam Innovators and creators from around the world vied for top honours in this unique, long-running SXSW competition. “The Award is recognition of our ability to put renewable hydrogen into use with HERO® today, to solve real energy challenges, and in particular the energy draw of the digital economy,” Mr Horvath said. “The most logical, viable pathway to decarbonising our entire world is through technologies that address the heat and energy requirements across a products’ whole production process, and HERO® does that.” The digital economy demands a huge amount of energy, but solar, wind and batteries won’t serve its total needs – which is why there is so much interest in green hydrogen as an energy source. HERO® can liberate the energy stored in renewable hydrogen without the complexities of burning it. With HERO® for instance, data centers and other Internet of Things (IoT) infrastructure can be energy independent. The beauty of HERO® is its scalability. When partnered with technology such as Star Scientific’s Deputy CEO Matthew Hingerty, Global Group Chairman, Andrew Horvath, and CEO of the Australian Hydrogen Council, Fiona Simon at the Austrade stand at Rotterdam. CENTRAL COAST HYDROGEN research and development company Star Scientific recently represented the Coast at the World Hydrogen Summit at Rotterdam. Star Scientific were part of a large contingent of Australian hydrogen companies and government representatives that were centred around a major marketing effort led by Austrade. Star Scientific played an integral role as their Global Chairman, Andrew Horvath is a member of the global hydrogen advisory board of the Sustainable Energy Council, the body that organised the event. Both Mr Horvath and Deputy CEO Matthew Hingerty addressed the event, which included global public and private sector leaders in hydrogen. While hydrogen has rapidly developed as an important source of renewable energy, Mr Horvath and Mr Hingerty emphasised the important role that green hydrogen and Star Scientific’s unique catalyst, HERO® will play in providing carbon-free process heat for industrial purposes. Both men emphasised the historic pilot project between Star Scientific and Mars Foods Australia. Indeed, the historic collaboration between the two Central Coast pioneers was featured on the world stage during the World Hydrogen Awards, where it was nominated for the Project category. Unfortunately, they had to settle for second best behind the multi-billion project in Saudi Arabia to create the new sustainable city of Neom – pretty prestigious company for Berkely Vale! Mr Horvath said that “while we were disappointed not to win, Neom is a highly publicised multi-billion dollar project and this was the second time it had won the award. But make no mistake, we were overwhelmed by the interest shown in the Mars Food project. It is a real testament to Bill Heague and all the team at Mars – the world is noticing.” Mr Horvath said Star Scientific was looking to further discussions on HERO® and the Mars Food pilot at the Americas Summit in Washington DC is October, which is being sponsored by the United States Government. Star Scientific wins New Economy Innovation Award Meanwhile, earlier this year in March, Star Scientific won the 24th Annual South by Southwest® (SXSW) Innovation Awards in the New Economy category, held in Austin, Texas recognising the most innovative tech developments in the connected world. Commenting on the win Mr Horvath said, “We are absolutely thrilled that our HERO® was selected as winner for these prestigious awards.” the new generation of super-critical sCO2 turbines, HERO® can be utilised for smallscale, off-the-grid power generation purposes, particularly in regional and remote locations. South By Southwest® (SXSW) is an annual award hosted to celebrate and honour the individuals and companies who do the most innovative, creative, and inspirational work in their respective fields. f Automated transactions inMYOB and XERO Personal service backed up with 30 years experience Committed to making your business grow FOR YOUR BUSINESS PROBLEM SOLVING Mr David Gaian, Star Scientific’s representative at the SXSW Innovation Awards CENTRAL COAST BUSINESS REVIEW JUNE 2022

8 CENTRAL COAST BUSINESSES looking to export to India and ASEAN countries had the opportunity to meet recently appointed NSW Trade and Investment Commissioners to India and ASEAN countries, Vishwesh Padmanabhan and Andrew Parker at a information session on Friday 6th May hosted by RDA Central Coast at the Ourimbah Campus prior to them taking up their posts in Mumbai and Singapore. Both will assist NSW businesses looking for opportunities to export to the Indian and ASEAN markets as well as promote stronger education links between the countries, also tourism and attract investment into NSW. Mr Padmanabhan provided an overview of the Indian market and outlined the new Australia – India Free Trade Agreement and the opportunities that might create for NSW businesses. Mr Parker gave an overview of the ASEAN market and the opportunities this may create for NSW businesses. They were accompanied by Janice Goh, Trade and Investment Director, Singapore. The meeting was arranged by Sharon Foster, Senior Export Advisor with the Department of State and Regional Development. For more information about accessing these markets and export assistance email sharon.foster@ investment.nsw.gov.au The New South Wales Government has an international network of investment specialists in 11 offices that provide comprehensive assistance and advice to prospective investors. They can be contacted to discuss your requirements. This service is free and confidential. The NSW Government has an international network of investment specialists in eleven offices that provide comprehensive assistance and advice to prospective investors Greater China – Murray Davis, Shanghai India - Vishwesh Padmanaghan, Mumbai Japan – Michael Newman, Tokyo South Korea – Yoojin Kim, Seoul Singapore – Janice Goh, Singapore UAE – Moin Anwar, Abu Dhabi USA – Joe Kaesshaefer – San Francisco Vietnam – Kien Van Nguyen, Ho Chi Minh City ASEAN – Michael Parker, Singapore Find out more. Search Bendigo Bank near me. Lisarow 4328 5472 • Kincumber 4363 2133 • East Gosford 4323 4559 Big on products. Big on service. And big on local banking Community Bank Lisarow, Kincumber and East Gosford Bendigo and Adelaide Bank Limited ABN 11 068 049 178, AFSL/Australian Credit Licence 237879 A1455027 OUT_2171510, 24/06/2021 Central Coast exporters meet NSW Trade and Investment Commissioners B U S I N E S S N E W S CONTINUED ON PAGE 9 The Central Coast Airshow held at Central Coast Airport, Warnervale on 14th and 15th of May has been declared an outstanding success in spite of the weather conditions early in the weekend although each day ended up with plenty of blue sky. While crowds were down on last year they were still estimated to be around 20,000 on each day. The Airshow brought together some of Australia’s leading stunt pilots and featured some of the rarest planes in the country including one of only four World War II Spitfires and a US Kitty Hawk fighter aircraft also from World War II Highlight of the Airshow included a display by the Air Force Roulettes the RAAF’s aerobatic display team who flew up from their base in East Sale in Victoria. On both days one of the RAAF’s new fifth generation fighter jets, a F-35A Lightning 11 aircraft from RAFF Base Williamstown closed the day to the delight of the huge crowd. Another successful Air Show A unique view of the Central Coast Airport taken from an inverted Pilatus PC21 trainer during part of the Air Force Roulettes display at the Air Show. NSWTrade and Investment Commissioner to India Vishwesh Padmanabhan CENTRAL COAST BUSINESS REVIEW JUNE 2022

9 GOSFORD RSL WILL proceed with the redevelopment of the club transforming it into a landmark building at the Gateway to Gosford and a stand-out venue for the Gosford region. Uniquely designed by WMK Architecture, with construction by local contractor North Construction & Building, the $45 million upgrade will see the club transformed into a contemporary space that embraces and builds community. The 3-storey venue will feature a distinctive porte cochere entry, RSL museum and reception servicing both the RSL and the adjoining motel on the ground floor. The first floor will contain a cafe, lounge, bar, multiple indoor and outdoor dining options, kids play area, and teenage retreat. The second floor will showcase sophisticated conference and event spaces, sports bar and brewery. An additional 154 car parking spaces will be added on site to accommodate the expected increase in patron numbers. “We are incredibly excited to bring this project to life after many years of planning and delays caused by the recent pandemic,” said CEO, Russell Cooper. “Our Club has gone from strength to strength over the past decade with our popularity demanding significant expansion. After reviewing many options, the decision was made to construct an entirely new venue which will be a stunning building marking the gateway to Gosford and the Central Coast. “We are a local business and it means the world to us to be able to partner with a successful and capable local builder in North Construction & Building. “This is a very special project for us,” said North Managing Director, Matthew Cook. “Not only is it a significant year for North, celebrating our 35-year Anniversary, but we also now get to celebrate being awarded our largest community construction project to date.” The Gosford RSL Redevelopment represents more than just another building project for North. “Our site teams and subcontractors live locally, and this is North continuing to build in the community and help create the “Gateway to Gosford and the Central Coast.” Construction is expected to commence in June 2022 with anticipated completion late 2023. The existing RSL Club will remain operational throughout construction. Construction to commence on Gosford RSL Redevelopment B U S I N E S S N E W S The University of Newcastle have named Key2 Realty as their preferred real estate agent to actively source long-term residential rental property options for their students on the Central Coast. Key2 Realty is a social enterprise that specialises in managing residential investment properties across the Central Coast and Lake Macquarie regions. Key2 Realty’s Business Manager Ashleigh Williams said, “Key2 Realty is extremely proud to be the University of Newcastle’s preferred real estate agency”. “As a social enterprise, we offer property management services to any residential landlord, and our profits are directed to community support programs for those living in disadvantage, such as education scholarships.” The University of Newcastle’s Executive Dean of the Central Coast Campuses, Professor Mike Bowyer said that whilst the partnership will assist students at the Ourimbah Campus, the University will be seeking student rental options for the growing Campuses in the heart of Gosford, including the student medical campus and the CBD campus when it is completed. “The need for affordable housing on the Central Coast is crucial, this includes student housing, and we look forward to working with Key2 Realty who will seek out residential rental properties for students on our behalf.” “Working with an agency such as Key2 Realty, with an in-depth knowledge of the local area, combined with unique expertise in affordable housing, will ensure we are notified of suitable accommodation as soon as it becomes available,” Professor Mike Bowyer said. Architect’s render of new Gosford RSL Club building UON appoints Key2 Realty for to source student accommodation Another successful Air Show Key2 Realty Manager AshleighWilliams and UON Executive Dean of Central Coast Professor Mike Bowyer Your Central Coast Airport Association Inc Chairman, John Codrington said that with the success of this year’s Airshow it now becomes a fixture in the airshows calendar across Australia. “We are fortunate that this event is so strongly supported by Central Coast Council,”he said. Regional Development Australia Central Coast (RDACC) Chairman Lawrie McKinna opened the show on Saturday morning while Greater Cities Commission Executive Director, SarahWilliams opened Sunday’s proceedings. Central Coast Aero Club General Manager, Andrew Smith said the weekend had been a great success and provided a big boost to the Central Coast economy. “It helps to highlight the many benefits a light aviation precinct would bring to the Central Coast. A precinct of this nature would not only create around 2,500 local jobs, but help to unlock the surrounding endorsed employment lands and create multiple flow-on effects for local suppliers and associated industries,” he said. CONTINUED FROM PAGE 8 CENTRAL COAST BUSINESS REVIEW JUNE 2022

10 Managing Supply Chain Risk in the Post-CovidWorld IN LATE APRIL, Central Coast Industry Connect, on behalf of the Central Coast Hunter Supply Chain Forum hosted a seminar at the University of Newcastle Ourimbah Campus for manufacturers and logistics operators titled Managing Supply Chain Risk in the Post-Covid World presented by Tim McLean, one of Australia’s most respected manufacturing and supply chain practitioners and thinkers and Principal of TXM Lean Solutions. The Covid 19 pandemic has brought the most dramatic disruption of supply chains since the Second World War with the long tail of this disruption likely to last for at least another two years. However, beyond Covid, it has highlighted the vulnerabilities in global supply chains and the importance of understanding and managing supply chain risk. A 2020 global study of supply chain managers highlighted that well before the pandemic, major disruptions that interrupted supply for more than one month were occurring every 3.7 years. Tim McLean’s presentation discussed the challenges facing modern supply chain managers and offered effective strategies to manage and mitigate supply chain risk. The disruption brought about by the Covid 19 pandemic while severe was not the first. Disruptions caused by: World Trade Centre Attacks 2001, Sars epidemic 2003, Hurricane Katrina 2005, Fukushima nuclear disaster 2011, Failure of the Hanjin Shipping Company 2017 China-US Trade War 2018, Brexit 2021 and now War in Europe have alerted US and European companies to the frailties of the global supply chain. Mr McLean highlighted the cost of being out of stock for one month and the time it takes to make up lost margins. “What drives supply chain risk? • Replenishment lead times, • Source country risk • Robustness of logistics in supply chain, and • Diversity of supply. So, the question is; What steps are you taking to reduce your risk? With some of the answers being: • Long term thinking – at least two years, • Understanding your extended value stream and identifying vulnerabilities, • Reducing lead time – vertical integration, onshoring, closer suppliers, • Buying small frequencies more often, • Establishing longer term service level agreements with suppliers providing longer term certainty of demand, and • Putting in place limited strategic stock for known vulnerabilities. In other words, don’t wait for the shortage to occur. Mr McLean said that while manufacturers in the United States and Europe had identified these risks due to disruptions that had occurred over the past twenty years and had taken steps to mitigate their supply chain risks by onshoring and introducing strategies to avoid disruption, Australians had put their head in the sand and ignored all the signs. Covid 19 and now the war in Europe has left Australian manufacturers and businesses that chose to rely totally on imported products to now feel the pain. Mr McLean pointed out that business needs to take a holistic view vis-a-vis cost savings and margins over the longer term. He was then joined by Wayne Dicks , CEO of TrendPac and Andrew Borg, Supply Chain Director of Mars Food who discussed how they adapted their supply chains to deal with Covid and what they are doing to manage risk into the forward, which was in line with Mr McLean’s presentation. The supply chain disruption this time around will be permanent and require all businesses to rethink their cost of doing business. M A N U FA C T U R I N G N E W S CCIC Chairman, Frank Sammut said, “I am pleased to announce the National Australia bank have recently become a major sponsor to Central Coast Industry Connect Limited and its clusters. As a not for profit organisation we rely heavily on sponsorship funds to enable to supplement our other funding sources to be able to support the work we do for our local manufacturers. The NAB have been an active member of CCIC for a number of years and when the opportunity arose to be a sponsor, they were keen to be able to step in and support us. More to come on this announcement next month. TXM Principal Tim Lean speaking to members of the Hunter Central Coast Supply Chain Forum in April NAB joins CCIC as a major sponsor Central Coast Industry Connect Chairman, Frank Sammut with Tiffany Morgan NAB Managing Partner Hornsby Central Coast and NAB Central Coast Senior Business Banking Manager, Kevin Ure HMA Launches Manufacturing Awards for 2022 The 2022 Hunter Manufacturing Awards Inc. (HMA) will hold its annual gala awards’ event at NEX, King Street Newcastle on Friday 28th October 2022. Fourteen categories will be available for application which includes the re-introduction of the Apprentice of the Year - Manufacturing award category. The Launch of the 2022 awards program was held last night on the premises of the 2021 Manufacturer of the Year – 50 Employees or More, Molycop and was co-hosted by Brain Industries, the 2021 Manufacturer of the Year Less than 50 Employees winner. CENTRAL COAST BUSINESS REVIEW JUNE 2022

11 THE CENTRAL COAST Sustainability Association’s May R.E.E.L. TALKS function held at the Red Tree Theatre Tuggerah saw an audience of 60 people hear six local owner/inventors tell their inspiring stories about how they are making a global impact for a brighter future. Headline Speaker was Saul Griffith whose presentation was zoomed into the meeting. An Australian engineer and inventor Mr Griffith is founder and chief scientist of Otherlab, an independent R&D lab he helps government agencies and major corporations understand energy infrastructure and deep decarbonisation. He is also founder and chief scientist at Rewiring America a non-profit business dedicated to widespread electrification as a means of fighting climate change, creating jobs, making our air cleaner, and saving the future for our children. Insight into energy useage on the Central Coast by Postcode and how this could be substantially reduced over time Speakers and their topics included: Sam Kirk, Principal Scientist at Star Scientific – Hydrogen’s place in a clean future, Barbara Ketley, CEO at Milestone Bellanova – Sustainable sells, Daniel Orris, Executive General Manager at Stabilised Pavements Australia Somersby, Trevor Harshorne, Chairman at Jazoodle a accounting software app – Valuing sustainability, The Kids Table – hearing from the next generation in a Q&A style panel. What is R.E.EL.? Relevant – Real, useable technologies and ideas, Environmental – practical solutions with lasting impact, 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 | www.vcdental.com.au Suite 10, 36-40 Victoria Street, East Gosford NSW 2250 OPEN 7 DAYS 40 YEARS LOCAL 6 Speakers 6 Insights at CC Sustainability Association May function Boosting manufacturing on the Central Coast M A N U FA C T U R I N G N E W S Shadow Minister for Industry and Innovation, Ed Husic MP and Member for Dobell Emma McBride announced in early May that an Albanese Labor Government will boost manufacturing jobs on the north end of the Central Coast by funding a Food Manufacturing Innovation Hub. The Coast has a strong history of manufacturing, especially in food and beverage, Proposed Food Manufacturing Hub at Lisarow Networking session following presentations by speakers at the Central Coast Sustainability Association’s May function (Photo courtesy Marc Charette, Work Pics 360) Daniel Orris, Executive General Manager, Stabilised Pavements Australia talking about sustainable construction - (Photo courtesy Marc Charette,Work Pics 360) Economical – Financially sustainable, Local – Talks by experts from the Central Coast. The function was sponsored by Risk and Safety Solutions. Central Coast Sustainability Association was founded in 2020 as an initiative of the NSW Department of Heritage and Environment and Central Coast industry Connect, to develop a cluster of businesses actively seeking to improve their sustainability, and the sustainability of the community as a whole. It has rapidly grown to include manufacturers, builders, developers, retailers, local governments and social enterprises, all keen to contribute resources to projects that sustainably enhance the region. The Executive Committee comprises: Bruce Cottrill, Managing Director, Bib’n Brace, Chris Haddrill, Managing Director, Risk and Safety Solutions, Elisabeth Blik, Principal, WildBlueGlobal, Maxine Cottrill, CCSA General Manager CONTINUED ON PAGE 21 CENTRAL COAST BUSINESS REVIEW JUNE 2022

12 In 1966 Elcom Credit Union was founded to service employees of the Electricity Commission of NSW’s power station employees at Vales Point, Munmorah and Eraring and moved their Head Office to Gorokan in the 1990’s In 2007 Elcom Credit Union merged with Community First Credit Union and today has a membership base of 54,599 of which 5,300 are members through the Erina Branch and 5,000 through Gorokan Branch. Regional Manager is Natalie Kamphuis who is responsible for Erina and Gorokan branches. In 2019 Community First Credit Union was granted a banking license. New owner for Lakeside Newsagency Phillip and Lyn Chan have sold Lakeside Newsagency at The Entrance after 20 years of ownership. This newsagency was a sub-agency of the original The Entrance Newsagency. B U S I N E S S B R I E F S WHYBUSINESSOWNERSONTHE CENTRAL COAST CHOOSE CCBR TOGROWTHEIR BUSINESS ✓ They can reach over 20,000 business readers every month. ✓ Most widely read and trusted business publication on the Central Coast. ✓ The repetition of your ad every month means readers will get to know you and remember you. ✓ Independent surveys show 94% of readers will use the CCBR for reference when looking for suppliers. ✓ The quality of the publication and the content means readers retain the CCBR for future reference. It’s simple. Call Edgar Adams now on 0404 472 571 or Email: edgaradams@ccbusinessreview.com.au When property developer Bob Dunnet built Lakeside Plaza in the late 70’s the subagency opened. This gave room for the original newsagency to expand into educational books that supplied all the local schools and universities and it wasn’t long before Lakeside Newsagency became a fully fledged newsagent in its own right, and as the educational books business grew the newsagency was relocated to the northern end of the Entrance Road. Lakeside Plaza Newsagency relocated within the Plaza last year for the third time and is now located with a brand new fitout, outside of Coles Supermarket. The business has a has a very high Lotto turnover. The purchaser is Annie Yang Jing who has a retail background and she intends to make no changes to this very successful newsagency. Graham and Scott McMullen negotiated the sale which was the 4th time they have sold the business. Tuggerah Super Centre Manager to continue following sale Tuggerah Super Centre Manager, Vicki Westwood will continue to manage centre with HMC Capital appointing her Retail Manager. Ms Westwood has been involved in the management of the Centre from the time when it was developed and owned by Terrace Tower Group is 2007. The Community First Bank (formerly Community First Credit Union) has relocated its Erina Branch from Erina Fair to the Platinum Building, Erina. Community First was founded sixty years ago as the Sydney Water Board Credit Union, subsequently becoming Community First Credit Union as it expanded. Community First Bank relocates to Platinum Erina Community First Bank Regional Manager, Natalie Kamphuis at the Bank’s new Platinum Erina location CENTRAL COAST BUSINESS REVIEW JUNE 2022

13 B U S I N E S S B R I E F S The Nexus Smart Hub in the Golflinks Commercial Campus at NorthWyong has added a new service for tenants with the introduction of a café seating 10 persons inside and 25 on the deck outside. Alana Wright has leased the location and established The Coastal Brew Café offering lunch, all day breakfast menu and graband-go food, employing a team of baristas and in-house chef. Mrs Wright was formerly Area Supervisor for four McDonald’s Restaurants in Sydney for twenty years. Mrs Wright said that she has approached five local high schools offering work placements for students looking to gain work experience. Bendigo Bank relocates regional office to Erina Bendigo Bank has relocated its Northern NSW Regional Office to the Platinum Building Erina after 15 years at East Gosford. Headed by Senior Operations Manager Tony Gravass and Team Leader Business Customer Management Team, Danielle Lerway, the Bendigo Bank Regional Office is responsible for 58 Bendigo Bank branches across all NSW and ACT. On the Central Coast there are five Bendigo community owned Bendigo Bank franchises: East Gosford, Kincumber, Lisarow, Ettalong Beach and Wyong. The Coastal Brew Café owner AlanaWright Argyle Estates Buying or selling a quality business, contact the experts on the Central Coast 024332 6555 EST. OVER 40YEARS Business Brokers Argyle Estates argyle@argyleestates.com.au Graham McMullen – Licensee F.A.I.B.B. 0419326555 New café opens at Nexus The Coastal Brew Café at Nexus Wyong CENTRAL COAST BUSINESS REVIEW JUNE 2022

14 C E N T R A L CO A S T CO U N C I L N E W S Council rates to be maintained following IPART determination THE INDEPENDENT PRICING and Regulatory Tribunal (IPART) has approved Central Coast Council’s 2022 Special Variation to maintain rates at their current levels for an additional seven years, equalling ten years in total to 2031. Council’s Administrator, Rik Hart said IPART’s determination supporting the continuation of Central Coast Council’s current rate structure for a further seven years is a sensible decision. This outcome allows Council to continue to maintain current service levels, comply with current banking requirements and most importantly, allows us to continue without interruption our 10-year long-term financial plan that provides long-term financial stability for the organisation,”Mr Hart said. “It’s a decision that factors in the unique situation this Council was in and the recommendation made by the Public Inquiry Commissioner ‘for the Administrator to ensure the completion of the Business Recovery Plan as adopted and amended by Central Coast Council since October 2020.’ “It has taken time, but we now have two independent entities on the same page. “We’ve achieved one of the most significant financial turnarounds of any organisation in under 12 months, with the current and forecasted surpluses repaying the emergency loans over the next 10 years. This is a continuation of the current rates with the exception of the rate peg as determined by IPART every year. “Now that we finally have an outcome, I have requested the CEO and senior staff to examine services where we’re not delivering to community expectations and reflect this in future operational plans for an incoming Council to consider. Council’s CEO, David Farmer said this major milestone will draw a line under the Council’s financial crisis, and the organisation can focus on consolidating and improving the performance of the organisation. “We are currently performing better than budget, with a high level of staff vacancies, but we know this is causing difficulty in our delivery of services to our customers in a number of areas,” Mr Farmer said. Now that we have longer-term stability for our rates revenue, we can carefully reinvest in services where we are not currently meeting community expectations of service levels, for example into our vast road network and vegetation management. “I recognise this has been a difficult time for the community, and I thank you for your patience, understanding, and for your comments and contributions about what needs to be done to improve Council and services,” Mr Farmer said. The Draft Long Term Financial Plan and Delivery Program will be considered in the Ordinary Council Meeting on 24 May 2022 to be placed on Public Exhibition for public comment at yourvoiceourcoast.com. At its May 24th meeting Central Coast Council re-affirmed the appointments of the following representatives as Council nominees to the Hunter Central Coast Regional Planning Panel: Greg Flynn (Panel Expert Nominee) Anthony Tuxworth (Panel Community Nominee) Stephen Leathley (Alternative Expert Nominee) Lynette Hunt (Alternate Community Nominee) The representation will continue until the next council elections in 2023 or 2024. Mr Flynn is Principal Planner at idep Consulting and was from 1998 to 2014 Principal Town Planner at Gosford City Council and between 1988 and 1994 Manager Urban Planning at Gosford City Council. Mr Tuxworth is Principal Town Planner at Coastplan Consulting. From 1999 until 2004 he was Manager Development Assessment at Gosford City Council Mr Leathley is Planning Director at Insite Planning Services. He has been a member of Blue Mountains, Central Coast, Hawkesbury and Wingecarribee Regional Planning Panels since December 2017. Lynette Hunt has worked in varying senior roles in the NSW government for over 20 years. Council reluctantly voted on Monday, May 11 2020, to accept the constitution of the Local Planning Panel that took over the councilors’ previous role in deciding development applications. A most unhappy Cr Jan Smith (formerly Mayor) claimed that the planning panel was being forced on the community and the council. She is reported to have said that taking away council’s decision powers was an abomination. Cr Smith put forward an alternative list to that provided by council staff, of ten community members for the panel which only included one name from the list recommended. Those invited were: Gregory Flynn, Sue Francis, Stephen Glenn, Lynette Hunt, Geoffrey Mitchell, Paul Dignam, Glenn Watts, Scott McGrath, Marc Elsie, David Kitson. The expert members included Gregory Flynn, Sue Francis, Stephen Leachley, Linda McClure, Grant Christmas and Garry Fielding and were chosen by council from a field of 220 provided by the State Government. Significantly Council kept the background of the appointees confidential in attachments provided to councilors but not the public. At the time Cr Marquat, Greg Best, Jilly Pilon, Rebecca Gale and Bruce McLachlan abstained while Cr Bourke voted against it. Cr Holstein did not take part in the vote as he had a conflict of interest. Labor Councillors plus Cr Smith and Cr Greenway voted in favor. The planning panel now decides development applications that are: contentious; depart from standards by more than 10 per cent; are sensitive such as those involving heritage, liquor licences, or have more than three storeys. Council staff deal with lesser developments by delegated authority. In the time since the Regional Planning Panel was constituted it has “approved’ two significant developments in Gosford CBD with impossible conditions. St Hilliers has been forced to reconsider their entertainment and hotel precinct which was to be the second stage of their Central Coast Quarter development on the old Gosford Primary School site in favour of a twin tower residential development which only received approval earlier this year. Similarly, the Lederer Group’s Gosford Alive project on the Kibbleplex site in Gosford was “approved’ with impossible conditions. They have now put the property on the market and having sold the Imperial Centre which they had invested some $20 million have quit the Central Coast. In both cases, as with numerous othes over the years, the conditions were generally in line with the objections raised by two serial objectors: Community Environment Network (CEN) of which Jane Smith was a long time CEO and a private company Friends of Gosford Pty Ltd the sole shareholder and director was the late Malcom Brooks and now his wife Particia Brooks. Both of these developments were seen to be significant drivers of the Gosford economy into the future and had they been approved in a timely manner and with these conditions construction of both would not be well underway and possibly completed. Council to re-affirm Central Coast Regional Planning Panel members CENTRAL COAST BUSINESS REVIEW JUNE 2022

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16 P R O P E R T Y OCCUPY, INVEST, DEVELOP 134 - 136 Erina Street, Gosford - 2,064m2 highly sought after commercial land - Heart of Gosford CBD - Occupy present building - Invest & hold the income - Reach for the sky & develop the whole site Geoff Tilden 0415 238 846 Brad Rogers 0459 921 122 Suite 401/1 Bryant Drive, TUGGERAH NSW 2259 87 Mann Street, GOSFORD NSW 2250 Central Coast (02) 4353 7700 TOP OFFICE INTERNATIONALLY NUMBER OF SALES 2021 – 2022 Begin with the No. 1 Karen Aubrey Focus Marketing Area Specialist Somersby, West Gosford & the Peninsula Get results! For further information phone 4367 0733 or email info@ccbusinessreview.com.au ADVERTISE YOUR PROPERTY IN CCBR CENTRAL COAST BUSINESS REVIEW JUNE 2022

17 P R O P E R T Y N E W S • Flexible lease terms • Competitive rentals • Excellent parking • Air-conditioning, carpets, kitchenette • Balcony access for East Wing suites • Exposure of Complex to Tuggerah Straight FOR LEASE PROFESSIONAL & SPECIALIST MEDICAL SUITES 152-154 PACIFIC HIGHWAY TUGGERAH Easy Parking, great exposure, well maintained & presented property with well known quality tenants including Trader Vics, BCF & Super Cheap Auto, PRP Radiology, Australian Clinical Labs Pathology, Fullerton Health Medical Centre, Geriatrician; Psychologists, Dentist, Sports & Spinal Physiotherapy, Chiropractor, Cafe & more. Ideal for the Professional, Legal, Financial or Medical Specialist with sizes from 16m2 up to 95m2 suitable to Lease or Purchase. Features include: For further details contact Julie Davies on 0402 779 186 FIRSTLY IT WAS a sawmill – milling hardwood timber that went to the shipbuilding and bridge building, construction and manufacturing across the Coast and into Sydney and played in the early development of the Central Coast. When sawmilling stopped the 22,000sqm property on the corner of Avoca Drive and The Entrance Road at Erina became a BP service station and with a number of large format sheds at the rear went through many lives finally ending up as a storage area for caravans. The site that incorporates the corner blocks, industrial area and a number of old residential homes along Avoca Drive is now being developed by the Stevens Group in 4 Stages. Getting approval from Council has taken several years however Stage 1, comprising a BP service station and artisan food and drink centre, and 2 with 56 storage units ranging in size from 36 sqm to 151sqm are nearing completion. Sales agent for the development, Brett Hunter from DiJones Commercial Central Coast reports that enquiry has been strong with “five buyers for every unit” and all but a few fully leased. These units have sold for an average of $,4000 sqm. Stage 3, a continuation of State 2 will comprise a self storage complex at ground level plus three levels above with unit sizes around 9sqm will see construction start in September this year. The self storage complex will be managed by Stevens Group. Stevens Group Development Manager Strong demand for Stevens Group Sawmill Erina development SALES Undeveloped Somersby industrial lot sells for $533 per sqm An owner buyer has bought a 3,490sqm lot at 9 Somersby Falls Road, Somersby with the intention of building a diesel refueling station. Price paid was $1,860,000 plus GST. The rectangular undeveloped site has a 112 metre frontage to Somersby Falls Road Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale. Sawmill Erina development – corner Avoca Dr and Entrance Road Erina Mackenzie Stevens, said that Stage 4 and what it will comprise is under consideration. Sawmill Erina industrial units CENTRAL COAST BUSINESS REVIEW JUNE 2022

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