FreightTech TruckIt Steps Up To Keep Australia Moving With Contactless Delivery

FreightTech TruckIt Steps Up To Keep Australia Moving With Contactless Delivery

Australian businesses are embracing technology to keep their freight moving during the Coronavirus crisis with leading freight marketplace TruckIt.net reporting a lift in the use of ‘contactless delivery’.

While multiple states and territories have announced the closure of their borders, the freight and logistics industry has been deemed an essential service and are therefore exempt from border closures.

“These are tough times for everybody,” TruckIt founder Robbie Russell said. “But it is essential we keep goods moving around the country to keep our shops stocked and our businesses moving.”

“Spreading those goods around the country, without spreading COVID-19 is critical, which means our providers and their customers need to keep their distance.”

Contactless delivery allows TruckIt transport providers (truckies) to pick up and drop off a load without ever coming into contact with people. Adherence to contactless delivery means any touching between customers and drivers is strictly limited.

“A few simple steps and open communication means freight can be picked up and delivered without risking anyone’s health,” Mr Russell said.

“Both customers and providers on the TruckIt platform are encouraged to utilise contactless delivery wherever practically possible.”

TruckIt.net is at the forefront of Australia’s rapidly-growing on-demand freight industry that is becoming an increasingly important part of the overall $100 billion a year freight industry.

The digital marketplace matches people wishing to freight items (cars, furniture, pallets etc) with transport operators that include sole operators with one vehicle up to large multi-vehicle businesses.

Customers simply list their item on TruckIt.net for free and receive competitive quotes from interested vehicle operators. The booking, transaction and delivery process is managed directly between the freight owner and the operator.

Since it was first established 2012, TruckIt has taken nearly 500,000 listings with deliveries covering more than 50,000,000 kilometres. At any one time there is about $1.5 million worth of freight projects posted on the site and available for truckers to quote on.

The freight industry is one of the fastest growing in Australia with the volume of freight carried expected to grow by over 35 per cent between 2018 and 2040, an increase of 270 billion tonnes (bringing the total volume to just over 1,000 billion tonne kilometres), according to Bureau of Infrastructure, Transport and Regional Economics (BITRE).

South East Queensland Land Market Continues To Gather Pace

South East Queensland Land Market Continues To Gather Pace

The South East Queensland (SEQ) land market continues to build momentum with sales volumes for the three months to the end of December coming in at the second highest level in 18 months, according to new research by Oliver Hume.

The data was compiled by Oliver Hume Research by analysing more than 1,300 transactions across more than 150 projects across Brisbane, Gold Coast, Logan, Ipswich, Moreton Bay and Redland local government areas.

Oliver Hume National Head of Research George Bougias said the land market finished the year strongly after tight lending conditions and the Federal election impacted confidence in the first half.

“Although the December sales figures softened after the peak of the September quarter, the three months to December recorded the second highest sales rate for 2019 despite the December quarter typically being a slow period,” he said.

Mr Bougias said developer incentives, low interest rates and government backed buyer incentives continue to underpin the relatively positive market conditions.

“Altogether, these factors are creating a sense of optimism moving into 2020,” he said.

Median Lot Prices

LGA

QIV. ’18

QIII.’19

QIV.’19

5 Year Change

QoQ

YoY

Brisbane (C)

$385,625

$387,000

$387,375

-8.1%

0%

0%

Gold Coast (C)

$339,188

$323,350

$317,850

31.4%

-2%

-6%

Ipswich (C)

$208,113

$220,338

$221,775

19.5%

1%

7%

Logan (C)

$216,688

$221,000

$221,313

22.4%

0%

2%

Moreton Bay (R)

$253,250

$249,500

$250,188

15.5%

0%

-1%

Redland (C)

$303,125

$319,000

$305,000

7.4%

-4%

1%

SEQ

$242,125

$246,000

$258,000

16.2%

5%

7%

 SOURCE: Oliver Hume Research.

The Oliver Hume research showed median prices remained relatively stable over the December quarter, rounding out a year that has delivered average median price growth of 6.6% across all municipalities.

Logan (23% market share) retained its title as the most popular destination for new land buyers in the quarter, followed by Ipswich (22%) and the Gold Coast (18%).

While Logan beat Ipswich for total sales, Ipswich continues to lead the charge for price growth. The median lot price in the Ipswich LGA, at $221,775, grew 1% since September quarter and 7% since December 2018. 

The Gold Coast market continues to be impacted by a shortage of large, quality lots, despite continued strong demand from buyers. The lack of available lots and the intensifying buyer demand will see the remaining lots snapped up quickly with little supply in sight.

Mr Bougias said the SEQ market remained one of the most stable in the country, delivering consistent year on year growth underpinned by Queensland’s steady population growth.

“The land market in the south east corner of Queensland has been relatively stable over the last few years and has avoided much of the extreme highs and lows of the southern markets,” he said.

“While sales volumes were subdued in the first half as a result of the election, the full impact of lower interest rates, developer incentives and increasing demand flowed through in the second half,” he said.

Oliver Hume Chief Operating Officer Julian Coppini said while affordability remained the key driver behind land sales, lot availability played a major role over the quarter.

“There was an increase in lots available above 400sqm over the three months to December, driving up the sales numbers with many buyers seeing the value in greater land size,” he said. “A large portion of the lots sold sit just over 400sqm, most commonly the 420sqm block.”

Tony Nash- Casual

Booktopia Celebrates 16th Birthday With $20 million Capital Raising

Leading Australian-owned book retailer Booktopia has celebrated its 16th birthday with a $20 million capital raising to enhance capacity and efficiency at its Sydney distribution centre.

The $20 million raise underscores investors’ confidence in the future of the e-commerce book industry which continues to grow strongly.

Booktopia posted revenues of $131m in FY19 and is currently on track to deliver revenues of $175 million in the 2020 calendar year.

The company’s market share by revenue is on track to edge ahead of the number one book retailer in Australia, Big W.

The equity was raised from a consortium of private investors led by Su-Ming Wong, Co-Founder & CEO of Champ Ventures (who will join the Board of Booktopia) and John Sampson, Founder & CEO of JBS Investments.

The founding shareholders retain majority control and Booktopia will continue to be an independent Australian-owned business.

The capital raise, completed with the assistance of AFSG Capital, also included a portion of long-term debt.

Mark Paton, Managing Director of AFSG Capital said Booktopia’s track record of rapid, profitable growth made for a compelling investment opportunity.

“The capital raised will go exclusively toward funding growth over the next few years and establishes a solid foundation for future capital market engagement,” he said.

The funds will be used in three key areas.

 – Further investment in automation to scale its inbound and outbound capacity from 30,000 individual books per day to 60,000 per day;
 – Holding more titles at its 13,000 sqm Sydney Distribution Centre, growing its in-stock range as well as holding more units of the popular titles so they are ready-to-ship; and
 – Working capital.


Tony Nash, Booktopia’s CEO said: “Booktopia has come so far and the team is rightly proud to have built this 100% Australian owned business to scale from within our own internal resources. We are thrilled to have this round of funding in place. The Funding will allow us to accelerate our growth in a controlled and measured way by investing in our ability to deliver to Australian book consumers through expanded distribution infrastructure and stock. This has been a proven high growth and predictable model for us for 16 years and we are not about to change. We know that’s what our customers want from us.” 

“It was very important we brought investors on board who can add value to the next phase of our journey. We are delighted to have such an experienced group who understand e-Commerce, retail and capital markets.”

Mr Nash said the recent acquisition of the University Co-operative Bookshops was fortuitous and was entirely separate from the current capital raising.

“We were already very well advanced with our private investors before The Co-op went into administration and as Tertiary Academic Sales were already a significant portion of our revenue it was deemed that if the numbers worked then we would purchase it from within our own financial capacity,” he said.

mining feasibility studies

Project Failures Highlight Importance of Critical Feasibility Studies

With a high failure rate among mining projects in Australia, more rigorous feasibility study standards that align to staged study objectives need to be mandated according to project management and advisory firm, Siecap.

“A robust feasibility study can make or break a project,” said Siecap Managing Director David Irvine. “It is critical in securing funding from investors and addressing the critical success factors of the project.

“It’s important to think strategically and consider what stage a project is at – concept, pre-feasibility, feasibility or bankable feasibility and understand the requirements and critical success factors to successfully move to the next stage, or move on altogether.

“Unfortunately, we see many mid-tier companies not getting this right in terms of striking the right balance with technical, commercial and social requirements with what they’re trying to achieve.”

A report from global consulting group McKinsey, Optimizing mining feasibility studies: The $100 billion opportunity, has found that more than four out of five mining projects came in over budget with over half recording an average budget overrun of 49% – and this was just for those projects that reached production phase.

So, what goes wrong?

There is no universal standard for feasibility studies and study processes remain largely unchanged in the past 20 years leading to an imbalance between technical, social and capital raising requirements.

“However, the parameters for projects have changed greatly; mines are becoming bigger, deeper, steeper, more remote and higher risk to develop owing to lengthy approval timing, community opposition or lack of social license and as a result, are far more susceptible to delays or cost overruns than ever before,” Irvine said.

“Too often, companies spend the wrong amount of time and money on misaligned concept and prefeasibility study stages, and not getting the correct balance of detail and certainty from the technical components than is warranted at this stage of the project.

“With project proponents’ appetite for risk generally at an all-time low, decision-makers are often trying to eliminate as much risk as possible, demanding increased detail and certainty, and this is driving costs in the feasibility phase.

“Where too much has been spent in the early studies phase, few companies or decision-makers have the confidence to walk away and can keep projects alive longer than justified.”

According to Siecap, risks are also often poorly understood. Strong experience will identify the fatal flaws and how sensitive a project is to volatile parameters like commodity prices or environmental concerns. Good project managers and experienced teams play the most valuable role in aligning and prioritising core elements of a good feasibility study.

While the best projects will still get funded, raising capital for projects has been getting harder particularly in the upstream space where uncertainty on timing and hence return on investment is a key consideration.

Irvine said that investors are looking for lower risk, higher shareholder returns and stronger capital discipline from their targets. 

“With a reputation for high levels of spending, gold plating assets or not living within its means, the resources industry is struggling to compete with alternate investment streams like technology, money markets and treasury securities.”

Requirements for Feasibility Success

With at least 25 percent of projects failing post feasibility, Mr Irvine said it is vital that a feasibility study ensures it balances the requirements of technical, economic/commercial, social/environmental factors and critically prioritises capital raising requirements.

A rigorous feasibility study must to be managed in stages to meet the clear objectives and scope of the stage the project is trying to move through, be supported by robust research, validate the value and cost drivers of the project, be subject to independent review and address core concerns of the audience including critical success factors. 

About Siecap

Siecap is an independent project management and advisory firm offering services across the project development lifecycle including advisory, feasibility studies, as well as project assurance and independent review services and project delivery. siecap.com.au

BADC

Great Barrier Reef Campaign Wins BADC ‘Best of Show’ for Publicis; Industry Veteran Inducted into Hall of Fame

Publicis Australia takes out Best of Show at the 2019 Brisbane Advertising and Design Club (BADC) Awards for their Great Barrier Reef campaign, scUber, for client Tourism and Events Queensland, collecting the largest overall haul of 18 medals and finalist placings.

Winning three gold, two silver and a bronze for the scUber campaign, chairman of judges Dantie van der Merwe said, “In this serious environment we live in it’s getting harder and harder to be fun. It’s even harder to create awareness for a very serious issue in a fun way. It’s this perfect balance that made this work a clear stand out.”

The Great Barrier Reef is a world heritage listed natural wonder, but negative media coverage following bleaching events had hurt its reputation worldwide. Tourism and Events Queensland needed to change the conversation and stimulate global tourism interest in the reef. Publicis’ solution: create the world’s first rideshare submarine on the Great Barrier Reef, called scUber, by creating a global partnership between client Tourism & Events Queensland and Uber. From the window of the submarine, Publicis and TEQ showed the world the reef like never before, a unique and vibrant underwater world teeming with life.

The campaign results were spectacular, generating a massive 4,320 pieces of live global news coverage and over 4.5 billion opportunities to see the campaign. The publicity coverage was valued at over $130 million (ASR). View the Best of Show piece here


Video advertising delivery specialists Peach sponsored the BADC Awards which were held on Saturday night at Howard Smith Wharves in Brisbane. With nearly 600 people in attendance, the awards night, hosted by Daniel Connell, was the largest in recent years. A quality field of over 640 entries vied for recognition in over 90 categories.

ROMEO Digital followed with the next overall number of medals and finalists, awarded a total of five gold, three silver, three bronze and another three finalists. ROMEO was awarded for their outstanding digital work for client Queensland Museum for Anzac Legacy Gallery and Anzac AR Correspondent App and also for Queensland Surf Life Saving for Life-Fi. Taking home Gold for Innovative Use of Digital and UX Design – Life-Fi is a wireless network that only works between the flags on the beach where beachgoers can connect their phones and receive critical information on beach conditions in their own language.

The night also belonged to a number of smaller independent agencies with JSA Creative, Flip, GrowthOps, and Theola also taking home record medal hauls.

Client of the Year was awarded to not one, but two clients. Presenting the first award to Queensland Museum for their work with ROMEO Digital on the ANZAC Gallery and AR App, Dantie van der Merwe said: “The first winner actually made the judges quite jealous. This work was big, intelligent, world-class in its digital thinking and rounded off with a beautiful commitment to craft.”

Signet Packaging was also awarded gold and bronze for their work with small independent agency Brainheart for their work: Official Packaging Supplier of Air Guitar Australia. van der Merwe said: “The judging panel felt that it’s as important to reward the crazies, the fun and the entertaining. The power of humour is often underrated in today’s serious world. It’s refreshing to see fun creative work for a category that could be considered dull and boring. Every client should study this work and ask themselves the question, ‘Are we being brave enough?’”

Hall of Fame Induction

Inducted into the BADC Hall of Fame with a number of heartfelt nominations was Rob Kent, recently retired managing director of the mighty Mojo.

Former Mojo managing director Rob Kent inducted into BADC Hall of Fame

Jo Millington, client service director of VMLY&R said of Rob: “The suit of all suits, the iconic Rob Kent. Rob steered Mojo for over 25 years and his impact continues to flow throughout our creative industry today. He hired, (sometimes fired), mentored, shaped and influenced the industry’s best and brightest. People left, they often returned. He created and sustained one of the most revered agency cultures in Brisbane advertising and he made magic for his clients.”

BADC president Stuart Myerscough said: “What a fantastic night with the industry celebrating some truly fantastic creative work. Both the volume and quality of world class work on display is a real testament to the health of Brisbane’s thriving creative community. It’s also fantastic to see not one, but two clients of the year getting acknowledged and I truly hope this inspires more clients to be bold and place greater trust in their agencies, working with them in partnership. Fortune favours the bold, but without client bravery, some of the most innovative ideas can end up in the bottom drawer.”

All the finalist and medal work can be viewed online at badc.com.au

Export-Awards-22053674-PB

Trisco Foods Scoops Major Export Award

Brisbane-based, family-owned food manufacturing business Trisco Foods has been recognised for its commitment to taking locally developed products to the world.

Trisco was recently named Premier of Queensland’s Exporter of the Year 2019 at the annual Queensland Export Awards.

Trisco Foods produces world class food ingredients, such as syrups and sundaes, that are used here and abroad by leading food companies. It has a strong presence throughout the Asian region and has been exporting for many years. This year, Trisco opened a factory in Colorado Springs to service demand in the United States.

Queensland Premier Annastacia Palaszczuk said the award was a deserved win for a family that was always innovating and always striving to provide high quality products and service to clients here and overseas.

The Premier said the company’s production and warehousing facility is located in Brisbane with many of the raw materials grown and processed locally.

“The first factory was a small building of two rooms attached to the rear of the family home in Hope Street, South Brisbane,” she said. “From these humble beginnings the business has grown into a huge success story and we’re extremely proud of this Queensland business from Brisbane taking on the world.”

Tristam Foods CEO Mike Tristram said the company had worked tirelessly in recent years to expand its international footprint through new product development and innovation.

“It is a cliché, but this is a genuine team effort with many people contributing to our success,” he said. “Our goal is quite simple. We want to create unique and innovative food solutions and take them into new markets, both in Australia, the US and across the globe.”

The Tristram family is well known among older Queenslanders as the name behind the soft drink with the marketing slogan, “Say Tristrams Please”. The brand and soft drink business were sold to Cadbury Schweppes in 1970 when the Trisco Foods company began and the family concentrated on the ingredients business.

After more than 140 years manufacturing a range of food and beverage products in Brisbane, the company earlier this year unveiled plans its first offshore facility in Colorado Springs.

The facility will allow the company to aggressively pursue greater market share for its highly successful Precise Thick-N range of instant liquid thickeners that help maintain the health of people suffering from swallowing problems and neurological-related dysphagia.

The plant will initially produce products from the Precise Thick-N range with up to 75 people to be employed as production ramps up. Over the next five years the company plans to develop and manufacture new products.

The Precise Thick-N range of instant liquid thickeners make soft food and liquids easier to swallow without impacting the nutritional benefits or taste. After just two years the product has achieved strong market penetration and displaced traditional powder-based thickeners in many aged care facilities and hospitals around the country.

Trisco’s global headquarters will remain in Brisbane. The Colorado Springs plant will be used not only to serve the current domestic market, but also have the capability to supply potential new export markets in Europe and South America in the near future.

Orchard Ripley Tony Wlliams Brent Hailey

Orchard Property Group Acquires Ripley Development Site For $11 Million

Privately-owned developer Orchard Property Group has completed the acquisition of a prime 34-hectare development-ready site at Ripley, in the heart of the Ripley Valley Priority Development Area (PDA).

The acquisition takes Orchard’s total pipeline of lots owned and under control to more than 2,000 across five different projects around South East Queensland.

The property at 160 Daleys Road, Ripley, was acquired from a group of investors for $11 million. The company has had the site under contract for more than 12 months and completed settlement in late August.

The site includes an existing Development Approval for a new masterplanned community with 426 lots. Orchard intends to reconfigure the existing approval to increase the yield to 440 lots ahead of a launch in 2020.

The sale was negotiated by Ray White Special Projects’ Tony Williams and Mark Creevey.

Orchard Property Group Managing Director Brent Hailey said the company had long-held ambitions to acquire a site in the Ripley PDA.

“The Ripley Valley is one of the largest urban growth areas in Australia and will eventually be home to a new city nearly as large as Toowoomba with a population of 120,000 people and 50,000 new homes,” he said.

“The PDA has been incredibly successful since it was declared in 2010 and our expectations are that it will continue to grow for the foreseeable future.”

Orchard has also secured a $7.2 million Catalyst Infrastructure Program grant from Economic Development Queensland (EDQ) to undertake a major upgrade of Binnies Road, Ripley, to not only provide access to their site but to provide a much-needed access to a number of properties at the western end of the Ripley PDA.

Construction of the new road is due to begin by the end of the year with the project expected to commence marketing early in 2020.

The new project will be Orchard’s second largest, following the launch earlier this year of the 650-lot, $120 million Pebble Creek project at South Maclean. The company recently completed sales at PineVue @ Maudsland (110 lots) and has other active projects at Ormeau, Narangba and Caboolture.

Ray White Special Projects Tony Williams said Orchard had secured a very strategic site after successfully navigating a range of issues to unpack the development potential of the opportunity.

“The property provided one of the few remaining parcels in the Valley which offers scale and with the benefit of negotiating the catalyst infrastructure agreement, Orchard have fast tracked their entry to the Ripley market,” he said.

Mr Creevey said land parcels with scale that had approvals already in place were in high demand throughout South East Queensland.

“The interest levels we’re witnessing for approved development sites are at the highest we’ve seen in a long time due to the scarcity of quality offerings,” Mr Creevey said.

Mr Hailey said the company remained optimistic about the south east Queensland land market.

“With low interest rates expected to continue for the foreseeable future and continued steady population growth in the south east, the fundamentals for the land market remain quite strong,” he said.

“There is plenty of competition but with the right product, in the right place at the right price there is plenty of demand and opportunities for success.

“As with all our projects, we will be focused on creating a vibrant place to live by providing exceptional amenity, connectivity and urban design.”

future of travel

Global Futurist Chris Riddell Wants You to Think About the Future like a Technology Company

HIGH-SPEED change is the new disruptor in the travel industry and the rate of change in the next three years is going to shape and transform society for the next 100 years in a way that we’ve never seen.

Futurist Chris Riddell believes that our future will see a complete reinvention of everything that we see today on planet Earth.

He was presenting in Sydney some of the key changes on our horizon to delegates at Flight Centre Travel Group’s annual event, Illuminate, dedicated to informing and providing insights into the global corporate travel industry.

As a futurist, Riddell looks to see how “humans and business are adapting and changing to see what we can do to get ourselves ready for the future.”

His presentation focused on how the travel industry is going to change and why delegates need to be an extension of what’s happening within the human part of this change. According to Riddell some of the main disruptions shaping our future include:

The Amazon Effect

For the first time in history we’re witnessing on a large scale an online business, Amazon, moving into the offline space. Amazon’s US$13.7 billion purchase in 2017 of bricks-and-mortar organic grocery chain Whole Foods Market sent the share prices of major grocery retailers plummeting overnight. This purchase was the reverse of the mainstream progression of businesses moving from the physical to the digital. Overnight, Amazon became the biggest bricks-and-mortar retailer in the U.S. by market capitalisation and in doing so shifted us into a world of ‘category killers’ ruling industry.

The big question remaining is which other oppositional business is going to buy up traditional organisations. Might Facebook buy Costco? Will Twitter buy Target?

In the business of data, Google (Alphabet) is the biggest data company on earth – there is no close number two. We’re leaping into a world where category killers are dominating industry.

Trust Issues

We’re emerging from one of the biggest trust crises we have ever had. Our trust in organisations in the private and public sectors is at an all-time low. Data crises including with Facebook and the Cambridge Analytics scandal have eroded trust in those companies whose business is data. Similarly, the Volkswagen emissions scandal and consumer confidence in the U.S. along with many other public corporate crises has dented our trust in many big brands. The question then is how do we move ahead? 

Riddell believes that trust fundamentally is not going to go back to previous levels and that we will have to reinvent trust to be able to move forward. He says technology will be an enabler for us to reinvent trust. In the tech sector, the makers of wearable technology are faring better when it comes to trust – the value of the experience we get from wearable devices, for example, compared to the data we share is on parity, and this puts us in a place of trust with these brands.

Feeding the beast

The truth is though that we are worried about robotics, technology and our future. Nearly everything we do, from getting on an aeroplane, checking into a hotel, hiring a car, involves generating a lot of data, which ‘feeds the beast’ in terms of telling companies about our likes, habits and preferences. In order for many interactions with companies and their apps to succeed we need to keep feeding them a whole lot of data. Data is one of the most important resources that we have, and it truly has become the ‘new oil’. In order to win trust with customers, you need to create exceptional value every single time.

One of the fastest growing sectors in the world is the healthcare sector where the accumulation of data is presenting many opportunities but also structural and privacy concerns. The ability to run your own heart tests through portable technology that will become more accessible is mirrored by companies like 23andme.com, where you can send off a $100 test sample to a company and receive in return a full DNA spectrum on your health. This is prompting many people to start seeking treatment for conditions that they don’t yet have and putting severe strain on the health system.

Addiction to technology

We live in a new age where we are addicted to technology and yet are continually distracted by it. Technology from companies like Apple and Microsoft is now invading even personal intimate offline moments we are meant to have with each other. Consumers now have more technology power in their pockets than many organisations have, and replace their technology faster. This has created a power balance shift, where consumers now own the experience and will dictate the experience they will want to have with us. What we have to do now is keep up with this data transfer and reinvent ourselves.

The sharing economy, block-chain, augmented intelligence and the internet-of-things are the changes that are going to be impacting the travel industry and anyone connected to travel. What this means is that organisations are now getting so much data and opportunity to get insight from individual human beings than we have ever had before. No longer can we just ‘pigeon-hole’ people, but we have to use this data to create tailored, individual experiences. ‘Augmented intelligence’ is about blending humanity and technology together to create experiences that just a few years ago you never thought were possible.

Chris Riddell’s challenge is: “If you want to be in business beyond tomorrow, you need to start thinking about the future like a technology company. You have to keep up with this relentless pace of change that we are going through. Your job is to see where the opportunities lie for you, because this is the most exciting time to ever be a human being on planet earth.”

Illuminate 2019 was supported by Flight Centre Travel Group’s corporate businesses – FCM Travel Solutions, Corporate Traveller, cievents, Stage and Screen Travel Services and 4th Dimension Business Travel Consulting.


Carvers Ridge Park Ridge

Carver’s Reach Hosts Home Expo To Launch New Park Ridge Project

Park Ridge’s newest masterplanned community has marked its official launch by hosting the first Carver’s Reach Home Expo on Saturday (10 August).

The Carver’s Reach Home Expo, proudly presented by Golden Gate Property, will provide home buyers with an opportunity to meet Queensland’s leading builders, discuss finance options with RAMS and see a range of landscaping solutions on display.

Since the Carver’s Reach pre-launch marketing campaign commenced, which coincided with the start of construction in mid-June, nearly 30% of lots have been contracted, mainly to local buyers. The Jarrah release, being the first 67 lot stage, includes homesites priced from $203,000 and house and land packages from $398,800.


WATCH THE NEWS REPORT


The Expo includes a range of family entertainment and kids activities. Builders in attendance on the day include Metricon, Brighton Homes, Bold, Coral Homes, Simonds and Porter Davis.

David Whiteman, Director of Development at Golden Gate Property, said the launch of the Carver’s Reach project was well timed given the change in sentiment towards property which has been prevalent since the Federal election.

“There has been a renewed sense of positivity in the market over the last few weeks with lower interest rates and a greater willingness for banks to lend money for quality property,” he said.

Research undertaken by Oliver Hume, whom is running the Sales and Marketing for Carver’s Reach, shows while the market has been subdued over the last 12 months, the Logan land market remains one of the best long-term performers in south east Queensland.

Over the last five years the median lot price in Logan has increased 23.2%, including 4% over the 12 months to the end of June this year. The average lot size in the region is 422sqm, with Carver’s Reach achieving an average of 440sqm.

Oliver Hume Queensland General Manager Matt Barr said Park Ridge had emerged as one of the most popular suburbs for new residential development over recent years.

“Logan is one of the top performing markets in South East Queensland over the last few years and Park Ridge is the hottest suburb in the city,” he said.

“We have had hundreds of enquires over the last few weeks since we turned the first sod and would expect to continue a brisk rate of sales now we are fully live.”

The first homesites are expected to settle in early 2020 with first residents due to move in mid 2020.

The project is well connected to the local area, and the rest of south east Queensland with easy access to the west via Mt Lindesay Highway, east via Chambers Flat Road, and north via the Logan Motorway.

The Park Ridge area, which is inclusive of Boronia Heights, has a forecasted population of 29,987 by 2036 representing an increase of over 20,000 residents since the 2016 census. Increasing the current population by 137% over a 20-year period.

Mr Whiteman said the masterplan for the site would have a range of features and amenities including a corridor park, recreation park, childcare centre, and integrated passive recreation opportunities within adjoining biodiversity areas.

“It is a true, multi-stage masterplanned community where we have the scope to be creative in terms of the open space and connectivity with the local community,” he said.

Project Details

Name: Carver’s Reach
Address: 140 Park Ridge Road, Park Ridge
Price: Homesites from $203,000 and Home & Land from $398,880
Size: First stage homesites available from 313-808sqm
Web: carversreach.com.au
Phone: 1800 514 883

44032850_m

Flight Centre’s Corporate Travel Division Named One of AFR’s Most Innovative Companies

The Corporate brands of the Flight Centre Travel Group are celebrating after being named in The Australian Financial Review BOSS Most Innovative Companies list for 2019 last night in Sydney.

The prestigious annual list, published by The Australian Financial Review and Boss Magazine, is based on a rigorous assessment process managed by Australia’s leading innovation consultancy, Inventium, in conjunction with a panel of industry expert judges. 

The brands of FCM Travel Solutions, Corporate Traveller and Stage and Screen combined are represented as Flight Centre Corporate in the Professional Services list and are recognised for bringing a revolutionary AI-inspired online booking tool, Savi and smart assistant mobile application, Sam to the Australian Travel market.

“We are thrilled to announce the first-ever industry-specific Most Innovative Companies List. What separated the most innovative organisations from the least, was the involvement of the customer the entire way through the innovation process. Leading innovators also had strong mechanisms in place to recognise the innovation efforts of their staff,” said Dr Amantha Imber, Founder, Inventium.

Savi is an exclusive online booking tool which has been developed by our Corporate brands in conjunction with the company’s technology partner, Serko. It is available exclusively for customers of FCM Travel Solutions, Corporate Traveller, Stage and Screen Travel Services. Savi includes rich content, unique user modules and exclusive functionality that can’t be found elsewhere in the market. Savi and Sam together deliver an integrated superior travel experience.

Savi

Executive General Manager – Flight Centre Travel Group Corporate Division James Kavanagh said that Savi was created in response to the poor user experience observed from many online booking tools in the corporate travel sector.

“Savi was developed to incorporate Artificial Intelligence (AI) to create a smarter, better and simpler user experience for the business traveller and travel co-ordinator,” Mr Kavanagh said.

“Savi was born in response to a number of requests from customers to better streamline their business travel programs.

“Engaging with our customers we identified opportunities to address inefficient and costly actions in the online travel booking process which led to the development of Savi and its exclusive modules that leverage the latest in AI capabilities.”

The Savi Select, Savi Credits and Savi Voice modules help businesses and travellers make smarter decisions to maximise their travel savings.

Mr Kavanagh said that customers were engaged with at all stages of the product development process to ensure that it was adequately meeting their needs.

“For the first time, Savi is bringing a leisure booking experience into the corporate world in Australia and New Zealand. It has saved our customers time with its intuitive recommendation engine and traveller engagement model to expedite the booking process with the widest range of products including exclusive rates for our corporate customers,” Mr Kavanagh said.

“It is a leap forward as a customer-centric product and providing improved productivity.”