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Qld trying to shine
Dollar needs a facelift
Pressure on to produce
BRISBANE: Tourism Queensland has
unveiled its first international brand,
hoping it will help pull the state’s
travel industry out of the doldrums.
The new tag line — Queensland, Where Australia
Shines — replaces the tired domestic brand Where
Else But Queensland, used for the past 12 years.
Tourism Minister Peter Lawlor said it would be
backed by $4.16 million of investment.
WASHINGTON: The US could help
dust off the remnants of recession by
re-branding the dollar, according to
Richard Smith, head of the ‘‘Dollar ReDe$ign’’
campaign. He’s on a mission to transform the iconic
notes into something more modern. The British-born
designer is running an online competition to see who
can come up with a new design. ‘‘I thought it would
give the country a boost,’’ he said.
BRISBANE: Australian farmers will have to
reinvent themselves to help meet the
world’s food needs, the Global Food
Futures Forum said last night in Brisbane.
Agri-food expert Professor Geoffrey
Lawrence says farmers must rethink the way they do
things as they face climate change, water shortages,
shrinking farmlands and a global population expected
to swell beyond nine billion by 2050.
By NIGEL ADLAM
DATE: 29-SEP-2010 PAGE: 24 COLOR: C M Y K
DARWIN building industry
veteran Clive Clements has
secured the future of the construction firm he established
40 years ago.
Hawkins & Clements has
merged with South Australian
building
company
Partek. Mr Clements said
the move would ensure the
long-term growth of the
Darwin firm.
There will be a two-year
succession plan — with Territorian Malcolm Tonkin taking the reins of the business
as construction manager.
Hawkins & Clements has
annual sales of $7 million
and employs seven staff.
There will be no job losses
following the merger and the
company name will remain.
‘‘We see excellent opportunities for growth in the
Northern Territory under
this merger and the potential
to create more local jobs,’’ Mr
Clements said.
He said the company was
striving for annual growth of
15-20 per cent.
‘‘There is a large amount of
activity under way and in
the pipeline in commercial
building, particularly within
the government, defence,
high-end residential, health
and education sectors.
‘‘We are ideally positioned
to take advantage of this and
grow our market share.
‘‘I have spent a lifetime
building Hawkins & Clements and it’s a great outcome
for everyone involved in the
business, to be partnering
with such a respected company as Partek, which shares
similar values to us.’’
Based in Coconut Grove,
Hawkins & Clements specialises in commercial and industrial building services as
well as high-end residential.
‘‘Importantly,
Partek
brings a large pool of resources and expertise we can
draw upon to work on larger
building projects in Darwin,’’ Mr Clements said.
Partek has connections in
Darwin — operations director Peter Berrington worked
at Hawkins & Clements 20
years ago.
The Blackberry PlayBook
SAN FRANCISCO: Blackberry maker Research in
Motion unveiled a touchscreen tablet computer
yesterday
called
PlayBook, aimed at business users.
‘‘It is the world’s first
professional tablet,’’ RIM
president and co-chief
executive Mike Lazaridis
said of the PlayBook,
Blackberry’s first foray
outside mobile phones.
The PlayBook has a
17.8cm touchscreen, smaller than the Apple’s iPad,
and also plays Flash video
software, which is banned
from the Apple device.
Dart does
$145m deal
Malcolm Tonkin and partners Clive and Inge Clements of Hawkins and Clements Pty Ltd at the
office in Coconut Grove
Picture: REGI VARGHESE
PERTH: Junior oil and
gas explorer Apollo Gas
will be taken over by coal
seam gas project developer and Arrow Energyspin off Dart Energy.
Dart said in a statement
yesterday that Apollo’s independent directors unanimously recommended
the proposal.
Dart said the deal gave
the target a total implied
consideration value of 79c
per share. The offer attributes an enterprise value
to Apollo of $145 million.
DJ hopeful about future profits
Exceptional Development Opportunity
201.17m
FOR SALE BY EOI
89.4m
99.4m
PUB: NT NEWS
Merger
secures
future
Professional
tablet here
191.15m
SYDNEY: David Jones
Ltd has reaffirmed its
profit guidance for
2010/11, but says it
needs ‘‘full swing’’ recovery to meet the top
end of its range.
In a presentation to
an investor roadshow
yesterday, David Jones
again forecast guidance
for growth in profit after tax (PAT) in 2010/11
of 5-10 per cent.
But, the company
says, ‘‘to be at (the) upper end of guidance, recovery needs to be in
full swing’’.
David Jones said trad-
ing in the first seven
weeks of the 2010/11
period was ‘‘in line
with expectations’’.
David Jones said the
Australian department
store industry offered
attractive features to investors, and DJs offered
‘‘higher long-term department store sales
growth compared to the
USA and UK’’.
It said it had a ‘‘low-
risk business model and
strong balance sheet,’’
and had ‘‘delivered financial and strategic results for FY09 & FY10’’.
Its ‘‘strategies (were)
on track to deliver profit growth in FY11 &
FY12’’, and David Jones
offered ‘‘foundations in
place for continued profit growth in FY13 and
beyond’’, with plans to
develop strategy to 2016.
$30b business Bill signed
Red tape killing trade
WASHINGTON:
US
President Barack Obama has signed into law
a Bill creating a $US30 billion ($A31.21 billion) small business
fund aimed at facilitating loans and boosting
job creation.
‘‘This law will do two
big things: It’s going to
cut taxes, and it’s going
to make more loans
BRISBANE: Red tape
is strangling Queensland businesses, costing them $6.5 billion
a year, an industry
group says.
The Chamber of
Commerce and Industry Queensland yesterday released its
annual survey on government red tape.
President
David
25 Smyth Road, Howard Springs
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Expressions of Interest closing Wednesday 6th October 2010
For Information Memorandum please contact
Loesje (Loosha) Ashby
Chris Deutrom
0413 200 280
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8939 0888
8941 0055
Oasis Shopping Village Suite 23,15 Temple Terrace, Palmerston (08) 8939 0888
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Licensed Real Estate Agents
NT NEWS. Wednesday, September 29, 2010.
available for small business. It’s a great victory
for America’s entrepreneurs,’’ Mr Obama
said, adding that it was
the result of ‘‘a long and
tough fight’’.
The
fund
was
strongly championed by
Mr Obama, who said it
would boost hiring at a
time when unemployment remains high.
Goodwin said Queensland was now the most
regulated state in
Australia to do business in, with 7900
pages of new legislation enacted in the
past 12 months.
‘‘That’s going to cost
us jobs and investment ... it drives them
(businesses) to other
places,’’ he said.
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