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Current Gold Coast Business News Articles
Volume 7.07 Aug 2010
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EXCLUSIVE: WAYNE McCRAE ON THE FUTURE OF CUDECO
CUDECO chairman Wayne McCrae (pictured) is an enigma in corporate Australia, a cowboy-styled figure crafted from the old school. He is also at the helm of a cap $650 million mining company. Tough as nails, he miraculously survived a chopper crash in 1992 when flying near his Rocklands copper project at Cloncurry near Mt Isa.
McCrae is on the crest of a 30-year dream.
But it almost...
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ECO KINETICS COMPLETES LARGEST SOLAR COMMERCIAL PROJECT IN AUSTRALIA
A GOLD Coast solar technology company has completed one of the largest solar panel projects on an Australian commercial property.
The undisclosed contract was for a property owned by Local Government Super (LGS) in the high-tech commercial zone at Macquarie Park near North Ryde in Sydney.
The solar panel project was partially funded by a grant from the Federal Government’s Green Building...
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STRIVING FOR THE MIGHTY TOURISM DOLLAR
Paul Donovan is the chief operating officer at Gold Coast Airport and chairman of Gold Coast Tourism. Donovan outlines his view on what must be done to bolster this city’s key economic driver.
THE question I’m often asked is ‘what do we need to do to get our key economic, being tourism, driver back on track?’ My response is always the same. Tourism hasn’t fallen...
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SHARING THE LEADERSHIP MANTRA
BOB East is responsible for overseeing operations at Australia’s second largest accommodation operator. With 15,000 rooms under management, Mantra Group’s properties are located across major tourism destinations and include brands such as Peppers, Mantra and BreakFree.
How do you see the corporate events industry moving forward after a lackluster 2009-10 FY?
We are very positive...
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BIG PLANS FOR BINNA BURRA
The historic Binna Burra Mountain Lodge is aiming to increase its marketshare in Australia’s thriving eco-tourism sector with a multistage, 15-year redevelopment plan.
Stage one will cost $12 million and comprise 18 luxury sky lodge apartments to be sold freehold to private buyer-investors.
The building and development plan will result in the eco-resort extended into a 4 to 4.5-star,...
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MAKE UP MEN NOMINATED FOR EMMY
SPECIAL effects and movie makeup company JMB FX Studio has received world-wide recognition after it was nominated for a US Primetime Emmy Award for its work on the mini series The Pacific.
The company is nominated in the Outstanding Prosthetic Makeup for a Series, Miniseries, Movie category for its creative work on the Tom Hanks-Steven Spielberg TV war epic.
Hollywood kudos for the...
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MATURING BUSINESS INITIATIVE EXPANDS
FRIDAY night drinks and the city’s young entrepreneurs hand out business cards.
It’s all part and parcel of career building in Australia’s big cities, but until recently not seen on the Gold Coast.
KPMG marketing personality Amy Worth has changed that by establishing the YPGC with six other young professionals to bridge the business relationship-building void that has...
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COOKIE CRUMBLES FOR ALLIED BRANDS
WRITEDOWNS continue for listed brandchisor Allied Brands.
The company’s acting CEO Sean Corbin says a return to basics is required as it braces for further losses in FY 2010 with writedowns of around $32 million.
“There are significant issues that we need to get through and we need to tackle them one by one,” says Corbin.
The company, which has Baskin Robbins, Cookie Man and...
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LM REFINANCED BY DEUTSCHE BANK
DEUTSCHE Bank Sydney has refinanced a $90 million facility for LM Investment Management’s First Mortgage Income Fund owed to the Commonwealth Bank.
LM chief executive Peter Drake (pictured) says the new loan is for an initial two-year term with a one year option to further extend for three years in total.
Deutsche Bank has advanced LM $90 million on terms that the debt be reduced to...
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MANTRA LAUNCHES FIVE STAR PEPPERS FOR ORACLE
MANTRA Group’s popular Peppers brand will drive the Gold Coast’s latest five-star hotel following a management rights deal with Niecon.
Announcing the Coast’s first five star offering in more than a decade, Peppers Broadbeach will be the face of Niecon’s $850 million twin residential tower Oracle, which comprises 505 residences.
Mantra Group CEO Bob East, says the...
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