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JULY 2017 VOLUME 13 NUMBER 6 Print Post Approved 100002454 13TH YEAR OF PUBLICATION Hunter Business Review NEWCASTLE RENEWAL HUNTER DEVELOPMENT CORPORATION 25TH ANNIVERSARY Leadership & HR Australia $6.60 ISSN 2202 - 8838 INSURANCE & RISK MANAGEMENT Connecting & informing business people HBR contents PUBLISHED BY: Hunter Business Publications Pty Ltd From the Editor ABN: 15 112 838 945 4 265 King Street Newcastle NSW 2300 PO Box 853, Hamilton NSW 2303 5 Business News Phone: (02) 4925 7760 Fax: (02) 4925 2570 20 Let's Talk With PUBLISHER and EDITOR: GARRY Garry Hardie Mob: 0414 463 125 Business Advice [email protected] 21 ART DIRECTOR: Sandie Collie 23 Property [email protected] CONTENT MANAGER: Jason Duncan 26 New Appointments [email protected] SANDIE ADMINISTRATION ASSISTANT: 27 Hunter Development Sharyn Hungerford [email protected] Corporation 25th Anniversary PRINTING: NCP Printing 40 Newcastle Renewal Phone: (02) 4926 1300 [email protected] www.ncp.com.au JASON 53 Insurance & Risk Management Published monthly (except January) Circulation: 7,000 58 Leadership & HR HUNTER BUSINESS PUBLICATIONS PTY LTD 2017 ALL RIGHTS RESERVED 64 Eating Out Reproduction in any part prohibited without the written consent of the publisher. While every effort has been made to ensure all information in this magazine is accurate, no responsibility 65 Business Services Directory is accepted by the publisher, Hunter Business SHARYN Publications Pty Ltd 66 Funny Business We know talent. Chandler Macleod has an extensive database of active candidates in various industry sectors and over 13,000 employees out working on client sites every week. Through our experience with planning, sourcing, assessing, developing and managing talent along with industry intelligence, we know a lot about talent. Contact our Newcastle team on 02 4978 7744. chandlermacleod.com JULY 2017 | 3 HBR from the editor HBR business news With this issue we shouldn’t be settled with second best. Newcastle can continue including a feature on to grow and be truly recognised as modern city, embracing Newcastle Renewal, it is innovation and diversity to deliver economic growth and an opportune time to opportunity combined with a great lifestyle. consider the lessons Change does of course have its challenges and we need to keep we have learned, the this in mind as we move forward. Fear is the most motivating opportunities opening factor for humans and change always has a degree of the up for Newcastle and unknown and can take us out of our comfort zone. Many people the challenges we simply don’t like change, focussing on the negatives before must be aware of. they consider the advantages. We need to ensure that change is Williamtown Aerospace The explosion of inclusive of all portions of community, so we feel we are part of Centre continues to grow investor interest in the process rather and the extent of the unknowns is reduced. The Williamtown Aerospace Centre Newcastle after the Fears and concerns must be acknowledged and addressed. has grown further with the announcement Businesses and individuals that are being truly disadvantaged announcement of Dexata as a new tenant. of the closure by the change should be engaged with and actively helped to Director, James Garvey said, “We are of the inner city cope with or overcome their issues. pleased to welcome local company heavy rail in December 2012 Finally, although we are experiencing rapid change in Dexata, which has been a long time provides an excellent example of the need for Newcastle, we can’t forget our past and values that have been our stalwart in the local Hunter Defence Governments to make decisions and provide certainty of policy. strength for more than 200 years. SME industry space. Dexata is Investors simply abhor uncertainty and Governments must It is truly an exciting time for Newcastle and the potential for the representative of the ‘new wave’ of remain aware of the need for them to make prompt decisions so city and the wider Hunter is very high. We need to proceed with innovative, high-technology businesses that all concerned know where they stand and can make sound speed but also with care to allow the City and region to reach that are responding to the growing decisions. In today’s increasingly global environment, this is more its full potential for the benefit of local businesses and Hunter needs of the Defence sector both vital than ever, with investment alternatives quite likely to be residents. nationally and internationally from a overseas, not just elsewhere in Australia. Indeed, in many ways local origin.” even “investor unfriendly” decisions are better than no decision Garry Hardie The Williamtown Aerospace Centre is proving itself as an Defence market. Now emerging as an international force in ‘Big – at least investors know where the goalposts are and can make Publisher & Editor innovative hub for the area’s Defence SMEs and Prime contractors Data Analytics’ for Intelligence, Surveillance and Reconnaissance informed decisions on project viability and be more aware of the and is now viewed as a premier defence technology estate with applications, Dexata has established offices in Australia and in challenges they may face. mature and growing firms like Dexata establishing at the precinct. the United Kingdom to support its Defence customers. Conversely, it highlights the damage inaction by Governments Since 2000, Dexata has been an innovative and respected The Chief Executive Officer of Dexata, Mike McMahon can cause economic growth, particularly in such a rapidly provider of high-technology systems and software to the commented, “We look forward to continuing to grow and changing world. On this month’s cover: Australian Defence Force and Defence Industry. Dexata’s highly prosper in our new location in the Williamtown Aerospace The amount of investment in Newcastle and the additional professional engineering team has repeatedly demonstrated its Centre, providing the Australian Defence Force with world-class coverage it is receiving domestically and overseas is highlighting The University of ability to deliver breakthrough capabilities to the demanding technology and services”. the way forward for the city and the new identity it is building. Newcastle’s new After the closure of BHP, Newcastle realised that it had to reinvent city precinct, NeW itself and did so much more successfully than the doomsayers Space, which predicted. But it is only really in recent years that the new identity opened for staff and of a more diverse, collaborative and knowledge-focussed centre students this month. has truly come to the fore. And the good news it has shown that Subscribe Beautiful intelligence. The all new E-Class Coupé. Masterpiece of intelligence. The breathtaking, all new E-Class Coupé seamlessly combines stunning coupé design with new levels of automotive intelligence inherent in the E-Class family. NOW This strikingly elegant true 4 seater coupé features uninterrupted views from the absence of the continuous HBRmag.com.au B-Pillar and frameless doors to ensure nothing impedes your enjoyment of motoring pleasure. While sensors and assistance systems in the Driver Assistance package Plus ensure your safety on every journey. 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Marketplace and Muswellbrook’s Main Street, which has been a For businesses that do not have the time or expertise to ensure long standing community priority of the Town Centre Masterplan. environmental compliance heavy fines and prosecutions can be the result. This can occur from something as simple as a small oil IN ONE DAY Councillor spokesperson for Finance, Scott Bailey said: “This significant purchase represents a game changer for spill that causes environmental harm by entering a stormwater Muswellbrook’s town centre. drain, or causes a workplace injury through creating a slip hazard. Additionally, Council, in consultation with the Muswellbrook and Nearly all business wants to be compliant to all Denman Business Chambers, will appoint an independent Future environmental and workplace regulations and operate Fund Board to provide advice and strategic guidance about in a sustainable way, as the concept of the ‘triple bottom the Future Fund’s business and education holdings, including line’ is well known, and makes good commercial sense. the Marketplace, and to ensure that key day to day commercial However, the problem is that the workshop will need to have decision-making is rigorous, of high quality, and fully compliant dedicated internal resources to ensure they understand their with our obligations to competitive neutrality. responsibilities, and also the experience and skills ensure they “Council expects the Marketplace to return around 6.7% of its operate in the correct manner. capital value each year, and we will work on improvements to the building to attract new and diverse retail opportunities and customers to the town centre. Toxfree noticed there was a need for a company to “Council is committed to being a best practice landlord and provided workshops with an ‘an end to end’ solution, will immediately commence engaging with tenants with a which is why the ‘Sustainable Workshop Solutions’ view to undertaking a significant but staged renovation of the system’ (SWS) was created.