Many businesses experience a significant lack of exit planning, often leaving business owners shortchanged when it’s time to hand over the reins of their enterprise.

We invite you to complete William Buck's short 5-minute survey. The insights you provide will shape their leading annual Exit Smart Report, which supports business owners in preparing for a successful exit, no matter what path they choose.

Their 2023 report revealed that while 72% of owners expected to exit their business within the next 10 years, less than 40% had an exit strategy in place.

Take part in this short Exit Smart Survey and enter the draw to win a $1,000 Luxury Escapes voucher: https://www.surveymonkey.com/r/WSBC-ad

We are delighted to share that Martin O'Connell from ECORR Pty Ltd - Eco Resource Recovery has joined our board. As a lifelong Western Sydney resident and experienced leader in civil engineering and sustainable construction, Martin brings invaluable expertise to our team. His passion for innovation and collaboration will help drive our region's growth.

Please join us in welcoming Martin.

Martin O’Connell | Founder & MD | ECORR

Lifelong Western Sydney resident, Martin is passionate about Western Sydney and its ambition to become a world-leading economy, believing that success will be achieved through effective collaboration between businesses and their leaders.

Martin’s professional journey began in civil engineering, eventually leading to his role as Managing Director and co-owner at AWJ Civil. Over two decades, he steered the company's evolution from a conventional earthmoving service to a leading, solution-focused civil contracting firm. His advocacy for a project-partner-oriented approach fortified the company's values and solidified collaborative procurement relationships, which underpinned the business over that period.

The opportunity to recycle construction waste as a resource led to the inception of ECORR. Today, ECORR stands as an award-winning leader in circular construction solutions, offering unique and innovative ways for material disposal, design, and application. ECORR has become partner of choice across an array of infrastructure and construction programs in Western Sydney, in projects such as Western Sydney Airport, Sydney Metro and Parramatta Light Rail.

Martin's passion extends to creatively tackling civil and environmental challenges, particularly in revitalizing legacy mine, quarry, and heavy industrial sites. Through adaptive and optimized solutions, he has contributed significantly as a partner and developer, leveraging these legacy resources for maximum benefit.

Unlocking the sustainable commercial success of such projects and business models has reinforced his belief in their efficacy—not merely as a response to growing environmental awareness but as a proactive, strategic approach to future-proofing businesses in a world of finite resources and evolving stakeholder expectations.

Having experienced the economic transition to a uniquely diverse economy over the past 30 years, Martin is passionate about playing a role in the future of the Western Sydney economy. He shares the ambition to ensure it becomes Australia's benchmark economy, driven by innovation, sustainability, and collaborative leadership.

This winter has had it all – the seriously frosty cold snaps, the rain, the wind chill, the colds and flus.

But there’s a solution for it all – one that will make you feel good by helping kids in need and have you looking cool while keeping warm and toasty. It’s the Jeans for Genes shop, which supports the cutting-edge science Children’s Medical Research Institute in Westmead.

From cosy sweaters and beanies to keyrings and pens – you can stock up on your necessary items while funding research into kids’ genetic diseases.

Fundraising through our shop provides extra opportunity for scientists like Mark Graham and Nader Aryamanesh to continue researching rare diseases like Kabuki Syndrome, which results in immune deficiencies, cardiac and kidney problems and diminished muscle tone.

Both were involved in an exciting world-first study that found a low carbohydrate, high fat diet had a life-changing impact on children with the syndrome. They used multi-omic sequencing technologies to understand how diet changed gene expression. The medically-monitored ketogenic diet has already been shown to be effective in managing other neurological conditions such as epilepsy and with these findings, there are new possibilities for the emerging use of the ketogenic diet and ketones in other epigenetic and neurodevelopmental diseases.

“We used proteomics to determine whether the thousands of proteins, acting as molecular machines within blood cells, were functioning or malfunctioning in Kabuki disease patients. The bioinformaticians on the team took the large and complex proteome data and confirmed that gene expression was crucial and was improved by diet,” said Dr Graham.
But the team at CMRI know there are many other kids impacted by genetic diseases, so the need for research continues. One in 20 children are affected by a genetic condition, including cancer, which means that’s one in every classroom.

By purchasing from the Jeans for Genes shop, you can help our researchers find more cures for more children and get them out of doctor’s rooms or hospital and into the playground.

We use premium fabrics for that extra cosiness and everyone in our labs are wearing them. In fact, that’s Radek and Vicki - two of our researchers - in the above photo showcasing some of the products you can enjoy.

Sizes do tend to run large, so be sure to check out the sizing guide when ordering for detailed measurements to help you find the perfect fit. 

Shop today!

Children’s Medical Research Institute (CMRI) is an award-winning state-of-the-art medical research organisation dedicated to researching the genes and proteins important for human development, health and disease. Affiliated with the University of Sydney, CMRI is supported in part by its key fundraiser Jeans for Genes® and the Luminesce Alliance and is located at Westmead, a major health and innovation precinct in Sydney, NSW, Australia.

Have you caught yourself thinking about the recruitment market recently? Where are the candidates, what are their motivators and how can I best retain my staff? Look no further, Rarekind are giving you an inside look at the market.

Engineering, IT, Supply Chain and Logistics

These 3 worlds colliding are always forever changing. Infrastructure, automation and the future of manufacturing are just a snippet.

In the world of IT, upskilling and advancing yourself is important. Which is something we’re always discussing openly with candidates. To continue their own development and staying up to date, it’s critical. Specifically, Business Analysts and Data Analysts, skyrocketing application numbers and our own internal networks; these professionals are open-minded and moving quickly. Contract work is attractive. The ability to come into an organisation, work on some critical projects for the business and move on to the next. This ties us into Supply Chain and Logistics, Manufacturing organisations are levelling up, it’s important to stay competitive and in the know. Growing your own people, implementing new systems, planning for the future. Bettering the forecasting of labour and team management are some recent topics in conversations with clients. A strong relationship-builder and strategic mindset to prepare and face challenges are crucial within this industry.

On the engineering front, manufacturing is thriving. We are witnessing a significant increase in demand for continuous improvement and automation engineers, leading to a growing preference for consultant-style arrangements. The candidate market in engineering is particularly robust, with a surge in the need for project managers and project engineers. Specialised engineering talent in packaging, food, and beverage manufacturing is in high demand. With the advent of the new financial year, new budgets, scopes, and projects are emerging, especially in civil engineering across Greater Western Sydney. Retention and attraction are at an all-time high in the engineering sector, with expectations on the rise.

Corporate and Executive

Like most people, you’re likely still thinking about the end of financial year that just past us. Finance candidates are in high demand, they don’t stay on the hunt for a job long. Top-tier finance professionals are looking for workplaces that keep up with new trends like automation and system upgrades.

If you have been considering expanding your Sales team, now is the time to act. Sales professionals are hot in the candidate market, some common themes we have seen are career progression, mentorship and defined targets for them to achieve.

It’s no secret the best sales agents are hungry, dedicated and passionate, they’ll bring a new outlook to your business.

The best Customer Service professionals are found close to home right here in Western Sydney. Top talent is looking for flexibility and hybrid workplaces, supportive teams and career progression.

Human Resources – the heart of culture and supporting the business. Finding the right HR professionals is important for the success of your business, they’re strategic, analytical and there for the people. Finding the right person can take time, although it is well spent for positive outcomes.

Trade & Industrial

We have a noticeable increase in the number of high-calibre candidates and skilled trade professionals in the Western Sydney market.

The current job market is highly competitive, with an abundance of quality candidates available. Consequently, it is imperative for our clients to act swiftly in their recruitment processes to secure the best talent.

Additionally, we have observed that candidates are increasingly driven by company culture and flexibility rather than salary alone. Emphasising these aspects will be crucial in attracting and retaining top talent.

We recommend advising our clients on the urgency of making prompt hiring decisions and highlighting the importance of promoting a positive company culture and flexible working conditions.

TRUFFLE & WINE DINNER

Experience an exquisite four course menu celebrating Australia’s finest truffles paired with award winning wines. Join us for a unique culinary experience.

25th July | 6.00PM | $225.00pp

CELEBRATE

Our unique tasting menu promises to be impress for your next celebration. A curated menu of small, large plates and a petit four trolley experience prepared by our talented culinary team. Celebrations

#withmarcel

FANCY A GIN?

We’re excited to welcome Manly Spirits to Tori for a special Gin Tasting Night. Taste three local Gins and talk to the creators.

25th July | 5.30PM | $35.00pp

BOOKINGS

Pullman Sydney Penrith

81 Mulgoa Road, Penrith

+ 61 2 4725 6000

reservations@pullmanpenrith.com.au

By Scott Harrington

Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape, serving as pivotal contributors that create jobs and drive economic growth while facing a complex and ever-changing regulatory environment.

Compliance with laws and regulations is essential to the success of any business, but for SMEs, it can be particularly challenging due to limited resources and expertise. In this article, we look at some strategies that SMEs can use to deal with regulatory compliance in Australia.

1. Be clear on your regulatory obligations: Understanding the regulatory landscape is the first step in dealing with regulatory compliance. SMEs must be aware of the laws and regulations that apply to their industry and business operations. This can involve seeking professional advice, conducting research and consulting with industry associations.
   
   
2. Develop a compliance checklist: Developing a compliance checklist that outlines your business’s obligations for meeting regulatory requirements from ASIC, ATO, employment law and specific industry requirements can assist you in meeting requirements. The checklist should include all obligations, allocate responsibility and timing for each step.
   
   
3. Keep up to date with regulatory changes: SMEs need to stay up to date with any changes that may affect their business. They can do this by subscribing to regulatory alerts, attending industry conferences and networking with other SMEs in the industry.
   
   
4. Seek professional advice: Seeking professional advice might help SMEs ensure they are meeting regulatory requirements. This can be done by consulting with lawyers, accountants or regulatory experts who can guide them on compliance issues.
   
   
5. Train employees: SMEs need to provide training and education to employees on compliance issues to ensure they keep up to date with current requirements. They can achieve this by conducting regular training sessions, providing resources and guidelines and promoting a culture of compliance within the organisation.
   
   
6. Consider having an audit of compliance: SMEs may consider having an audit or review to ensure they are meeting regulatory requirements. This can be done by reviewing policies and procedures, monitoring compliance and identifying areas for improvement.
   
   
7. Embrace technology: Technology can be a powerful tool for managing regulatory compliance. SMEs can use software and automation tools to monitor compliance, track changes in regulations, and ensure that employees are following policies and procedures.
   
   

Dealing with regulatory compliance is a significant challenge for SMEs in Australia. However, you can ensure your small and medium enterprise stays on top of things by following these strategies.

You can read more about the issues SMEs face in our article here.

For help with strategic business planning or addressing any of the challenges for SMEs we’ve explored above, contact your local William Buck Business Advisor in Australia or New Zealand.

--------------------------------

Scott Harrington

Scott is a Partner in our Business Advisory division with over 25 years' experience providing strategic advice to private businesses and their stakeholders. He specialises in business and group structures, tax planning and compliance, strategic planning and succession planning. Scott also works closely with international companies seeking to establish a presence in Australia, assisting them to navigate through structuring and set-up while ensuring they understand and meet all of their Australian obligations.

Read more >

The William Inglis Hotel invites you to our Corporate Open Day held on the 7th of August 2024.

Whether you are a returning guest or you are a looking for a venue to host your next business meeting, gala dinner or showcase, now is the time to discover our 5-star luxury venue for FREE.

Our Corporate Open Day, invites you to meet our team with a guided site tour from 4 PM and enjoy light refreshments. Immerse yourself in our iconic destination with rural soul.

Located in the South West of Sydney, the property is situated only 30 minutes from Sydney Airport and 45 minutes from the Sydney CBD. The William Inglis Hotel is unlike no other with a unique equine design and award-winning venue spaces.

RIVERSIDE STABLES GUIDED TOUR

• Luxury Accommodation Rooms
• Chiltern Rooftop Pool
• Award-Winning Restaurant The Newmarket Room
• 1867 Bar and Lounge
• Meeting and Conference Rooms
• 30 Acres of Property
• Natural Light and Open Spaces
• 800 Complimentary Parking Spaces

Book any function at Sydney Zoo and Receive:

Download Flyer here

Dates are selling fast! Contact functions@sydneyzoo.com to lock in your next event.

Image: Xin Liu. Photography by Robert Chron.

In a pivotal moment aboard the Apollo 8 space mission in 1968, astronaut William Anders captured the iconic Earthrise photograph, a stunning image revealing our planet as a fragile blue marble set amid the vast blackness of space.

The historic snapshot marked humanity’s first glimpse of Earth in colour from space, forever altering our collective perspective.

Now, more than half a century later, Sydney Science Festival 2024 brings together leading creatives and scientists from around the world who are radically rethinking our understanding of sky, Country and each other. Returning to Sydney for its tenth year from 10–17 August and coinciding with National Science Week, this year’s Sydney Science Festival program unites local and international speakers who are pushing the boundaries of our understanding of the skies above, our diverse landscapes and the intricate connections between us all.

Sydney Science Festival will feature a series of free and ticketed events that include talks, workshops and interactive programs throughout the week across Sydney including at Powerhouse Castle Hill, Sydney Observatory, Parramatta Town Hall, Parramatta Square and the University of Technology Sydney.

Renowned festival speakers include pioneering spaceship designer and space entrepreneur Dr Susmita Mohanty who will discuss the challenges of building sustainable habitats beyond Earth and the technologies driving space missions with Columbia University’s Physics and AstronomyProfessor Janna Levin.

Space environmentalist Associate Professor Moriba Jah and artist Trevor Paglen will discuss our crowded skies.

Australia’s first female astronaut and Director of Space Technology at the Australian Space Agency, Katherine Bennell-Pegg, will be in conversation with artist Xin Liu about what zero gravity means for creative practice and space travel.

A festival highlight will be Sydney Science Festival Family Day at Parramatta Square on Saturday 17 August. Presented by Powerhouse in partnership with the City of Parramatta, it promises an action-packed day of hands-on experiments, demonstrations, coding and Minecraft workshops.

High-school students from Greater Sydney will be invited to participate in special programming featuring Bennell-Pegg, Jah and remote sensing scientist Dr Maya Nasr as part of the Lang Walker Family Academy program. Sydney Science Festival 2024 is proudly supported by the NSW Government, affirming its commitment to connecting communities with science and innovation across Australia and internationally. The Festival’s Foundational University Partners include Western Sydney University and the University of Technology Sydney.

NSW Minister for Arts and Tourism John Graham said, ‘The Sydney Science Festival plays a

pivotal role in showcasing creativity and innovation in New South Wales. By bringing together leading minds in science and the arts, the festival inspires curiosity, fosters new discoveries, and celebrates our state's commitment to scientific advancement.’ Powerhouse Chief Executive Lisa Havilah said, ‘The Powerhouse holds Australia’s most significant collections of science, technology and design. The Festival represents our dedication to connecting industry and community to profile the extraordinary work and achievements of our science leaders.’

PROGRAM INFORMATION

Sydney Science Festival 2024
10–17 August 2024
FULL PROGRAM

Castle Hill Science Day

Hands-on science fun for all ages exploring space transmission.
Saturday 10 August 2024, 10am
Powerhouse Castle Hill
Free, bookings essential

Space for Earth | Susmita Mohanty

Space entrepreneur, Dr Susmita Mohanty on the challenges of building sustainable habitats beyond Earth, and the technologies driving the next generation of future space missions.
Tuesday 13 August 2024, 7.30pm
University of Technology Sydney
Free, bookings essential

Celestial Emu | Sydney Observatory Late

Join us at Sydney Observatory to celebrate First Nations Sky and Country.
Tuesday 13 August and Wednesday 14 August 2024, 5.30pm and 7pm
Sydney Observatory
Book tickets here

Our Crowded Skies | Moriba Jah and Trevor Paglen

Space environmentalist Associate Professor Moriba Jah and artist Trevor Paglen, in conversation with Dagogo Altraide, reveal the challenges of a crowded sky, from space junk to‘ invisible’ surveillance satellites to advocate for a dark sky future.
Wednesday 14 August 2024, 6pm
Parramatta Town Hall
Free, bookings essential

Passport to Space | Susmita Mohanty and Maya Nasr

Space entrepreneur and habitat designer Dr Susmita Mohanty joins Dr Maya Nasr in conversation to discuss their shared vision for space exploration that is accessible to all.
Thursday 15 August 2024, 6pm
Parramatta Town Hall
Free, bookings essential

Bodies in Space | Katherine Bennell-Pegg and Xin Liu

Australian astronaut Katherine Bennell-Pegg joins engineer and artist Xin Liu to explore how they have harnessed and overcome the extreme conditions of space.
Friday 16 August 2024, 6pm
University of Technology Sydney
Free, bookings essential

Sydney Science Festival Family Day

Hands-on science fun for all ages. Presented by Powerhouse Parramatta and City of Parramatta.
Saturday 17 August 2024, 10am
Parramatta Square
Free, bookings essential

ABOUT POWERHOUSE

Powerhouse sits at the intersection of arts, design, science and technology and plays a critical role in engaging communities with contemporary ideas and issues. We are undertaking a landmark $1.3 billion infrastructure renewal program, spearheaded by the creation of the new museum, Powerhouse Parramatta; expanded research and public facilities at Powerhouse Castle Hill; the renewal of the iconic Powerhouse Ultimo; and the ongoing operation of Sydney Observatory. The museum is custodian to over half a million objects of national and international significance and is considered one of the finest and most diverse collections in Australia. We are also undertaking an expansive digitisation project that will provide new levels of access to the Powerhouse Collection.

Experience a true 'Hunter Valley' evening

Join us for one enchanting evening for an exclusive Wine Dinner event on 3 August, 2024.

Savour a five-course dinner expertly paired with a selection of hand-crafted Gartelmann Wines, each bottle crafted with precision by expert winemakers, using premium grapes sourced from one of Australia’s premier wine regions, Hunter Valley.

What to Expect

Sumptuous Five-Course Menu: Our chefs have meticulously curated a menu designed to elevate your dining experience.

Expert Wine Pairings: Each dish is complemented by a carefully selected Gartelmann wine, enhancing every flavour and nuance.

Live Music: Enjoy a live performance by a talented local artist, creating an immersive backdrop.

Sip Vittoria Coffee: Conclude your evening with an indulgent Espresso Martini or a rich cup of Vittoria Coffee, adding the perfect final touch to your dining journey.

About Gartelmann Wines

Gartelmann Wines offers a delightful combination of exceptional wine, inviting ambiance, and genuine hospitality. Founded in 1996 by Jan and Jorg Gartelmann, this intimate winery is nestled in the Lovedale region of Hunter Valley, NSW.

The winery has earned a reputation for producing elegant, quality wines with significantly sucess over the years, most recently winning the 2018 Diedrich Shiraz winning Best NSW Wine at the Sydney Royal Wine Show 2023, and other notable awards at national wine shows.

‘Make good food and fabulous wines part of everyday life.’

Date & Time
3 August 2024 at 6.00pm

Price
AUD129 per person

Location
PARKROYAL Parramatta

Reserve your place now. Limited seats available.

For enquiries, please speak with us at +61 2 9685 0377 or email dining.prsyp@parkroyalhotels.com.