Featured
Featured
19 November 2020
$1M FOR EMERGENCY WORKS AT WAMBERAL
Coastal protection works to start
CENTRAL COAST Coast Council has been awarded close to $1M to help fund emergency coastal protection works at Wamberal Beach.
Featured
18 November 2020
BIG MOVES IN COAST CLUB LAND
Halekulani Bowling Club joins Mounties group
DALLAS SHERRINGHAM
THE Central Coast club landscape is changing rapidly as another club has voted to join Australia’s largest registered club conglomerate, Mounties Group.
Featured
17 November 2020
TUGGERAH STATION $34M UPGRADE
City centre's glittering rise
DALLAS SHERRINGHAM
The decision to spend $34M on upgrading Tuggerah Station is a key indicator of the rise of the City Centre that has become the new powerhouse of development on the Central Coast.
Featured
12 November 2020
RATE RISE TO HELP PAY FOR COUNCIL’S CRISIS
Sale of council assets an option
DALLAS SHERRINGHAM
DALLAS SHERRINGHAM
CENTRAL Coast businesses face the prospect of another hefty rate rise following the preliminary study of the embattled Council’s finances by Acting Administrator Dick Persson.
04 November 2020
COUNCIL MELTDOWN: Dream team will try to repeat their success
DALLAS SHERRINGHAM
THE successful team of Dick Persson and Rik Hart faced their greatest challenge this week when they set out to find the source of an $89M hole in Central Coast Council’s accounts.
Featured
31 October 2020
TIME TO EXPLORE NSW ON A PLAYCATION
Return to the golden days: Rebooting Tourism
DALLAS SHERRINGHAM
TWO thirds of Sydney and Central Coast holidaymakers will take a road trip in the coming months as Domestic holidays take over from Cruises and Bali, according to the latest State Government research.
31 October 2020
REFORMS TO SUPPORT SMALL BUSINESS RECOVERY
THE Federal Government will undertake the most significant reforms to Australia’s insolvency framework in 30 years as part of the economic recovery plan to keep businesses in business and Australians in jobs.
The reforms, which draw on key features from Chapter 11 of the Bankruptcy Code in the United States, will help small businesses throughout the Central Coast restructure and survive the economic impact of COVID-19.
Federal Member for Robertson, Lucy Wicks said: “As the economy continues to recover, it will be critical that distressed businesses have the necessary flexibility to either restructure or to wind down their operations in an orderly manner.”
“The Morrison Government will continue to stand by the small and family businesses, by doing all we can to ensure these businesses come out on the other said of the pandemic.”
The reforms will assist incorporated businesses with less than $1M in liabilities covering around 76 per cent of Australian businesses subject to insolvencies today, 98 per cent of which have less than 20 employees.
“Together, these measures will reposition our insolvency system to reduce costs for small businesses, reduce the time they spend during the insolvency process, ensure greater economic dynamism, and ultimately help more local businesses get to the other side of the crisis.”
“These reforms give more support for businesses across the Central Coast who have been hit hard by the COVID-19 Pandemic.”
Earlier this year the Morrison Government announced temporary regulatory measures to help financially distressed businesses get to the other side of COVID-19.
On September 7, 2020 the Government announced a further extension of this relief to December 31, 2020.
The new processes will be available for small businesses from January 1m, 021.
31 October 2020
INCREASED SCHOOL STUDENT CAPACITY
A $2.8M project to relocate the ET Australia Secondary College in Gosford is the latest to be approved under the NSW Government’s Planning System Acceleration Program.
The existing school, which provides training and schooling to Year 7 to 10 secondary college students, will be relocated nearby within the Imperial Shopping Centre, while a new Year 11 and 12 campus is built at 125 Donnison Street.
Minister for Planning and Public Spaces Rob Stokes said the new development will increase capacity from 170 to 280 students across two campuses, create opportunities for 40 new jobs and inject $2.8M into the local economy.
“We’re using every lever at our disposal to keep the NSW economy ticking throughout the pandemic, and I’m very happy to see another shovel-ready project being given the green light,” Mr Stokes said.
“A bigger ET Australia Secondary College will cater for more students, provide more jobs and help breathe new life into the Gosford CBD.”
“The relocation of the existing school could also allow for the development of Gosford’s proposed regional library, which is earmarked for that location.”
Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said it was a good example of unused commercial premises being transformed for new and improved purposes.
“The development is now ready to get underway and will create 26 much-needed construction jobs and an additional 14 operational jobs once completed - on top of the existing 35 jobs that will be retained,” Mr Crouch said.
To date the program has seen 91 projects determined, creating opportunities for more than 50,000 new jobs, and generated more than $25B of economic investment for the NSW economy.
31 October 2020
NEW GAS ESSENTIAL FOR NSW
THE state’s peak business organisation, Business NSW, says the approval to add much-needed gas supply to the NSW market will be a welcome boost for businesses in NSW.
“In its report Running on Empty, Business NSW backed a program of pipeline and infrastructure upgrades to expand capacity, as part of its Gas Road Map to bolster the NSW gas market,” said Business NSW Regional Director Paula Martin.
“At least 300,000 jobs in NSW, including 250,000 in manufacturing industries, depend on adequate and affordable gas," Ms Martin said.
“Our analysis found a commercial bakery on the Central Coast would pay a premium of $26,400 a year over an equivalent business in Queensland, a galvaniser $66,000 more, and a tomato processor a staggering $369,000 in gas transportation costs alone.”
Featured
30 October 2020
CENTRAL COAST COUNCIL SUSPENDED BY GOVT
Interim administrator takes control
THE NSW Government today suspended Central Coast Council and appointed an interim administrator.
THE NSW Government today suspended Central Coast Council and appointed an interim administrator.
