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WESTBUSINESS I N S August, 2014 D E R 10years John Gillam THE BLOKE WHO BUILT BUNNINGS Plus Adam Gilchrist’s new challenge • Perth’s flour king BRAND PEAP0102F BRAND PEAP0139 As one of the busiest airports in Australia, Perth Airport plays a critical role in supporting our State’s economic and social development. Planning for the future starts today and we’re turning our vision of creating a world class airport experience into a reality. You’ve seen lots of changes already and we’re excited about what’s yet to come. It’s a big job, but things are moving faster at Perth Airport. Find out more about our vision for the future at perthairport.com.au what drives every aspect of our business from the boardroom to the coalface. Every day our team digs deep to deliver for our clients. It’s the biggest reason why Australia’s leading resources companies continue to choose us as their trusted partners. So when your next project is ready to go, we’re ready to give it 110%. SHED_BGCC0082 Achieving extraordinary results takes a team effort. This means everyone going further, trying harder and thinking smarter. Our goal is to bring this extra level of commitment to every project we undertake. At BGC Contracting, we call this 110%. It’s a mantra instilled in every member of our 3,100 strong workforce and it’s WELCOME WESTBUSINESS From the editor Mr do-it-yourself In 2004, John Gillam moved from CSBP to become managing director of one of WA’s most storied companies — Bunnings. Since then he has been author of a stunning growth story. Sean Smith charts the rise of a hardware hero. P8-10 New boundaries Adam Gilchrist forged an unparalleled reputation for honesty and fierce competitiveness on cricket grounds around the world. Stephen Bell discovers the famed gloveman has brought the same tenaciousness to the boardroom. P12-14 Flour power Greg Harvey is hardly a household name but the Claremont father-of-two tells Brad Thompson he is determined to use a basic food staple to make us healthier. P22-25 P30 PLUS Wine: Inside Murray McHenry’s cellar. P10 Lifestyle: Living in the sky. P17-21 Fashion: Stylish warmth with the best in winter coats. P27 Motoring: Porsche’s middle child. P29 Lunch with: RAC president Esme Bowen. P30 P12-14 P22-25 EDITORIAL Ben Harvey Group business editor West Australian Newspapers. 08 9482 3752 [email protected] DESIGN John Henderson PRODUCTION Heather McKinnon ADVERTISING WA: Elizabeth Poustie 08 9482 3254 [email protected] National: Peter Stevens 0412 922 839 [email protected] NSW: Charlton D’Silva 02 9252 3476 [email protected] VIC: Linda Nameh 03 9826 5188 [email protected] QLD: Abby Rosamund 07 3844 5888 [email protected] SA: Tony Mangan 08 8379 9522 [email protected] Does anything smell better than sizzling sausages and onions outside Bunnings on a Saturday morning? Grabbing a $2.50 hotdog before entering the home improvement wonderland that is a Bunnings store is a weekend right of passage in WA. But few West Australians realise that the man who has steered the warehouse’s stunning growth over the past decade is a Wembley Downs boy done good. As Wesfarmers executive John Gillam marks 10 years as the boss of Bunnings, WestBusiness Insider pays tribute to one of WA’s lesser known business titans. In this edition we catch up with cricket legend Adam Gilchrist and find that his new life in business knows no boundaries. And we chat to Esme Bowen — a quiet achiever in local business whose unheralded achievements will warm your heart. Ben Harvey Personal Design at its Best. Multiple Award Winning Homes • Outstanding Quality • Decades of Experience At Seacrest we help you maximise the potential of your block through a process that begins with sitting down and understanding your vision for your home. It’s all about creating a home that you will be proud of . . . Seet Studio 2782 WBI 14.08.14 Call Seacrest today to discuss the vision for your new home. TALK TO US TODAY ABOUT OUR CUSTOM DESIGN SERVICE. Tel 9302 6220 all hours seacresthomes.com.au I N S G H T THE ART OF THE PERFECT FLAT WHITE Few things match the bliss of a perfect cup of coffee. Perth restaurateur Scott Taylor explains how the morning magic happens. Look, I realise oxygen is fairly important. Food, shelter, family . . . living on a planet just far enough from a class-C star to support liquid water and therefore life — yep, all probably vital too I guess — but in the fuzzy moments after waking, there is one thing that eclipses all: That first sip of acrid, bracing, caramelly, silken, heavenly goodness delivered by the perfect cup of coffee. Believe me, I’m right there with ya, the pursuit of truly great coffee can become an obsession. Here are the commandments gun baristas follow to ensure your morning doesn’t just begin, it roars to life. The grind: where quality coffee beans are ground, ready to have flavour extracted. Good baristas constantly adjust the fineness of the grind. If the grind is too fine, the hot water from the machine spends too long making its way through the freshly ground beans which means big, bitter, extracted coffee. Too coarse a grind means a fast flow and not enough flavour extraction. If your coffee venue isn’t grinding to order, get out . . . now. The tamp: compressing the grind into the handle for extraction. The grind goes into the handle, then exactly 15kg of downward force pushes a compact little nugget of ground guatamalen in to the bottom of the handle. 91.5C water from the big machine passes through the nugget to extract a harmonic balance of bitter, creamy, bitey loveliness. Good venues will have scales under their tamp to ensure they consistently hit 15kg. The shot: grind+tamp+water+love = ristretto 28mls of caramel-manna oozing and gurgling from a two-spouted handle into a single cup is the ONLY way we gettin’ this done, girlfriend. A two-spout handle into one cup means twice the coffee grinds that the same amount of hot water passes through, taking only the first run of deliciousness. That’s a ristretto — less volume than an espresso, at least twice the flavour, without the harshness. A single spout means half the coffee grinds and a non-stop-quick-shot to bittersville. If you see a single-spout handle or two cups under a double spout, you’re getting stiffed. Order an espresso instead of a ristretto these days and be prepared to be sneered at by a pierced, tatted 22-year-old. The milk: where the art comes in. A great barista can find the point where consistent, shimmering 69C milk meets the perfect shot, where the two elements coyly chase each other around the cup and then magically start to flirt, then dance, then embrace. Easy now . . . not too much foam, don’t rush it! Let nature take its course, like a snowflake, each cup loved like this is perfect in its own way. No showing off please Mr Barista, no flourishes, flamboyance and wankery necessary. Perfection needs no embellishment. 6 AUGUST 2014 MY OFFICE VANESSA GUTHRIE For the managing director of uranium miner Toro Energy, work-life balance is all a bit of a blur W ith a job that requires a lot of travel both in Australia and overseas, there is rarely a consistent day that would describe my “day in the office”. Every day is different. However, no matter where I am in the world, my day generally starts with exercise — either going to the gym, pilates class or my piano lessons (exercise for the brain!) This is about the only time I can routinely fit exercise into my day, and it means that I can be disciplined about exercise when I travel as well. That means being out of bed before 6am, and into work mode by about 8am. When I am in the office, I first catch up with the world news in the uranium market, then always try to set some of the day aside to chat with one of our team, and not always about work. We are a small team at Toro and personal conversations are really important to me in making sure that everyone in the team knows they are valued as a person first, and then as an employee. As a committed Docker member, very often the conversation takes on a very purple haze. Printed diary in the corner — to remind me where I should be at any given time of the day Mobile next to my desk phone — so always on hand As I am a great believer that “work-life balance” is actually more of a blend, the boundaries between my home and work are often blurred. This means that the day will generally include a phone call to my husband Joe, or maybe texting with either of our sons Alistair or CJ — even if it is just to decide what we will have for dinner. When I am not travelling, I tend to spend the majority of the day in meetings, discussions or on the phone. This can be with other uranium companies, local service providers, potential investors or financiers, or politicians and government officials. No one day is predictable, so this can mean those calls are late at night as well. After 5pm is my office quiet time when I can catch up with the events of the day and do the strategic thinking that is so important in my role. Given those blurred lines between home and work, this usually means that I don’t get home until about 7pm. By that time I am ready to share a glass of wine and a quiet reflection with Joe, who is my “secret weapon” to success. Mantra and maps on the pinboard — for handy reference Foot rest — to keep those calves stretched during the day! Darryl Docker — he faces the wall in the naughty corner if Fremantle lose Photos of the family — just to keep me sane Be driven to capture every moment Stay focused on what you love and catch that final sunset. Our Chauffeur will stay focused on getting you to the airport, with time to spare. emirates.com/au World-class service w Fine dining on demand w Complimentary Chauffeur-drive service* * Chauffeur-drive service available for First Class and Business Class, excluding Trans-Tasman services and codeshare flights operated by Qantas to Southeast Asia. Mileage restrictions apply. For full terms and conditions visit emirates.com/au. For more information visit emirates.com/au, call 1300 303 777, or contact your local travel agent. A HARDWARING CENTURY 1886: Arthur and Robert Bunning, young carpenters from Hackney in London, arrive in WA. They start working on local building projects and soon buy a sawmill. By the turn of the century the brothers are leading timber merchants in the colony. 1907: Bunning Brothers Pty Ltd is incorporated in April. 1936: Robert Bunning dies at the Palace Hotel during a party organised to celebrate his 50 years in business. 1952: Under the direction of the next generation, in Charles (pictured left) and Tom Bunning, the company P R O F L E Going to Bunnings is a West Australian weekend rite of passage. Sean Smith looks at the man who has headed the hardware giant for the past 10 years and confirms that John Gillam deserves the respect he commands in Australian business circles MR DO-ITYOURSELF J ohn Gillam prefers that it rains on weekdays, not the weekend. The former Churchlands Senior High School student now celebrating his 10th anniversary at the helm of hardware juggernaut Bunnings keeps a close eye on the weather. Bad weather is bad for business. “When it’s wet and cold, no one does anything outside. And outside is a big part of our business,” he recently told investors. “So we prefer rain to fall on Monday and Tuesday nights, away from our opening hours, and we prefer sunny weather on the weekends.” The immediate forecast is rosy. Wesfarmers is expected to disclose yet another record profit from Bunnings when it posts its annual results this month. The hardware chain’s numbers under Gillam since he teamed up with chief operating officer Peter “PJ” Davis in August 2004 speak for themselves. Store numbers have grown from 228 to 322, two-thirds of them the big-box cash cows. Revenue has run to more than $9 billion from $3.8 billion. Underlying profit is likely to have cracked the $1 billion mark last year, up from $342 million. Bunnings’ aggressive growth — it is rolling out new stores at a record rate to combat Woolworths’ fledgling Masters chain — has its critics, particularly those who argue the chain is quashing competition. But its success is a remarkable achievement for Gillam, a commerce graduate and keen weekend cricketer who is being talked about as a potential successor to Wesfarmers chief Richard Goyder. The 48-year-old declined WestBusiness Insider’s request for a personal interview focused on his 10th anniversary, which coincides with the 20th anniversary of the opening of Bunnings’ first warehouse in Melbourne. adds building supplies to the existing timber business and becomes the State’s leading supplier of WA hardwoods. In February, the company goes public and Bunnings Timber Holdings Limited is incorporated. 1989: Bunnings’ management embarks on an acquisition drive. The focus He had a serious ability to relate to people and a very savvy commercial brain way beyond his experience and years. Perth dealmaker Charles Fear on Gillam Responding by email, Gillam admitted to having “a lot of fun” over the 10 years, but added: “To be frank, I’ve never been interested in self-promotion.” Acquaintances and friends paint of a picture of a savvy business operator with the common touch who is unchanged by his success. Gillam grew up in Wembley Downs with two brothers and a sister, attending Kapinara Primary School and Churchlands before starting a commerce degree at the University of WA in 1984. After graduation, he surfaced at what was then KPMG Peat Marwick Hungerfords, joining the accounting firm’s audit division. The young graduate quickly bridled at the confines of audit. “He was like a square peg in a round hole,” says Perth dealmaker Charles Fear, now chairman of broking and advisory house Argonaut but then the head of KPMG’s insolvency practice in Perth. “So they came to me and said, ‘why don’t you take on John, he sounds like one of your corporate insolvency guys’.” Fear says Gillam’s talent came to the fore during the receivership of Alan Bond’s brewing arm. Fear and fellow KPMG receiver David Crawford were appointed to Bond Brewing by the failing businessman’s bankers in January 1990. Bond immediately challenged the decision, tying shifts towards the DIY market. 1990: Critical deal is inked to buy WA’s Alco Handyman hardware business. 1993: Bunnings moves east through the purchase of the McEwans hardware chain in Victoria and South Australia. Crawford up in court. Fear, entrusted with keeping open the brewing business, roped in Gillam. “John Gillam was our operational man,” Fear says. “At that stage, Bond Brewing was turning over $2 billion a year, it was a significant business. “John did a fabulous job. He had a serious ability to relate to people and a very savvy commercial brain way beyond his experience and years.” Fear remembers his team “worked hard and played hard” and that Gillam was at the centre of the office’s KPMG’s social activities, rallying staff for inter-firm football or cricket matches or an after-work drink. “It was a really fun place to work, and he was a ringleader in that,” says another former associate. “Having said that . . . don’t mistake me. He takes his work very seriously and is extremely dedicated. “With some people you wonder how on earth they got to where they did, John’s not one of those.” He says KPMG’s leadership saw Gillam as a future managing partner. “He was the golden-haired boy ... the next big thing. They were absolutely gutted when he left.” Gillam confounded KPMG by quitting in mid-1994 to join a listed Asia-focused medical products and healthcare company, Medical Corporation Australia, as general manager and later chief operating officer. He was there three years. In mid-1997, seeking a new challenge, he successfully interviewed for a coveted commercial role in Wesfarmers’ business development division. One of his first major deals was the formation of the Bunnings Property Trust, a project that brought him to the attention of Bunnings’ then managing director, Joe Boros. Boros later pulled him into Bunnings as his chief financial officer, putting the 32-year-old front and centre of Wesfarmers’ transformational $2.4 billion acquisition of east coast hardware chain Howard Smith in mid-2001. Gillam was credited with a major role in getting the takeover over the line, but didn’t see it out, being appointed as Wesfarmers’ company secretary before the deal was completed. From there, in 2002, he took up first major operational role at Wesfarmers as chief of its chemicals and fertilisers business, CSBP. He was in the midst of a restructuring two years later when he was suddenly invited to lunch by Wesfarmers managing director Michael Chaney. “I thought he must be unhappy about something at CSBP,” Gillam recalled for Peter Thompson’s centenary history of Wesfarmers 100, The People’s Story 1914-2014. Instead, Gillam was sounded out about taking over CONTINUES PAGE 10 FROM PAGE 9 Murray McHenry with some favourite reds. Wartime wine sparks dynasty F or Murray McHenry, the pub affectionately known as Steve’s on the Nedlands foreshore has been a major part of his life for as long as he can remember. His father Stephen McHenry built it into arguably the best-known watering hole in Perth, where generations of university students who would go on to become leaders in politics, business and academia had their first tipples. From the earliest days, McHenry can remember wine being a part of his life. But had it not been for the fact that his father was captured by the Germans during World War II and then interred in an Italian POW camp, wine may not have had such an important place. “When he was moved to Italy the locals brought the POWs food and wine because they were very proud of what they were producing and that’s where he got a liking for Italian wine,” McHenry says. “I remember every Sunday night, even when we were very young, tasting — but not drinking — wines and trying to understand the tastes. “When I took over the pub in 1977 about the first thing I did was dig a big cellar to hold all the wines we were accumulating at the time.” However, McHenry says that these days he’s probably developed a bit of a cellar palate, especially since going into partnership with his brother-in-law David Hohnen in McHenry Hohnen Vintners, a successful Margaret River boutique producer. Needless to say McHenry has a pretty extensive collection of Margaret River wines including just about every back vintage of Cape Mentelle that was established by the Hohnens. But he also loves the wines of Alsace, Rhone, Burgundy and Bordeaux. “One of my favourites in the Rhone’s Guigal d’Ampuis, which is a great expression of the region and site. I think I’m currently drinking the ‘98.” Of the whites, it is aged Rieslings from Clare and the mineral crisp wines of Chablis. IN THE CELLAR ■ Guigal Chateau d’ Ampuis 1998 ■ Cape Mentelle Shiraz 2005 ■ Cape Mentelle Cabernet Sauvignon 2001 ■ McHenry Hohnen Burnside Chardonnay 2012 ■ McHenry Hohnen Amigos White 2005 ■ Cullen Diana Madeline 2009 ■ Vasse Felix Cabernet 2011 ■ Petaluma Hanlin Hill ■ Domaine Francois Raveneau ■ Chablis Premier Cru Vaillons Ray Jordan as head of Bunnings from Davis, who had been in the role for little more than 18 months. Wesfarmers valued Davis’ renowned retail nous, but had come to the belief it was better off bringing in someone with stronger administrative skills to run Bunnings to enable him to focus on his strengths in merchandising and marketing. Gillam says Chaney “asked me if my wife Helen and I would be prepared to move to Melbourne, because if we were then I could answer the next question which was ‘Did I think I could take on Bunnings and make a difference?’”. He said yes to both questions. Chaney broke the news to Davis, who was offered a new role as chief operating officer. “To his great credit,” Gillam told Thompson, “within minutes of this conversation PJ was tracking me down to discuss how we could make this work.” Gillam told Thompson Bunnings had straightforward aims. “We want to have the best offer. We want to deliver it with a family feel for our customers. You don’t have to dress up to go to Bunnings, you feel relaxed when you’re there and we look after you. We want to have sincere community engagement to build trust and we want to keep things simple.” He says Bunnings has worked hard on its service levels, particularly since 2006 when it worked with John has hit them straight between the eyes. Whenever Masters start up a store, he goes and puts a bigger one next door. Wesfarmers insider Professor Earl Sasser, one of a group of Harvard University researchers who developed the service-profit chain linking a motivated workforce and enhanced customer service with better profits. Gillam makes it a point that either he or Davis attend every store opening to welcome new staff. A former teammate who caught up with him this year at the 30th reunion of Subiaco-Floreat Cricket Club’s first Colts premiership side, which went through the 1983-84 season undefeated under the captaincy of former ABC commentator Glenn Mitchell, says personal skills are a strong suit. “I know at Bunnings John will go out to the stores and do a sausage sizzle for the staff,” he says. “And he will actually do the cooking so that everybody has to come up to him to get the food so he can say g’day and talk to them. “A lot of people who get to that level become aloof and can’t be bothered with that stuff. 1994: Bunnings becomes a wholly-owned subsidiary of Wesfarmers and opens its first big-box warehouse — in Sunshine, Victoria. The “Lowest Prices Every Day” advertising slogan is christened. 2001: The Wesfarmers takeover of Howard Smith allows Bunnings to bring the BBC Hardware businesses into the fold. Bunnings’ footprint now extends to all parts of Australian and New Zealand. Team player: John Gillam at the Innaloo store. “But John makes a point of getting to the coalface and trying to talk to as many people as he can.” Bunnings under Gillam and Davis is a much changed business, not just bigger but smarter. They’ve installed playgrounds, established separate trade centres (33 at last count) to free up space, evolved a range of store formats to suit any site, including new multi-level vertical outlets, and pushed the product range into new territory. “You have to look outward, respect and understand your customer choices and keep evolving, keep developing your business,” Gillam says. He points out that Bunnings has only 17 per cent of Australia’s $43 billion home improvement and outdoor living market. “We can see a huge runway in front of us,” he says, adding that the “traditional” hardware market defined by tools and screws is a “long way behind us”. Bunnings these days is not just about the do-it-yourself market but about snaring more of the commercial market. “Every product that we sell has a market opportunity way beyond the home,” he says. “Once you get your head around that and you start thinking about everything that is in a building and in an outdoor structure, and you think about what is in our range, you can then see why our addressable market is so much wider once you swing into the commercial space.” Bunnings’ plan is to maintain its accelerated rollout of new big-box stores at around 20 year until perhaps next year, when the rate would normalise at 10-14. One former Wesfarmers insider says Masters’ entry into the market has been a key factor in keeping Gillam at Bunnings past the usual three or four-year tenure of a divisional managing director. “There have always been challenges,” the insider says. “The growth strategy needed tweaking, different formats, multi-level stores etc, and then Masters came in and gave him a really strong challenge. “John has hit them straight between the eyes. Whenever Masters start up a store, he goes and puts a bigger one next door.” 2004: John Gillam appointed managing director. 2005: Bunnings staff members appear in ads and the “Lowest prices are just the beginning” tagline is launched. AIM WA ANNUAL LEADERSHIP SUMMIT 2014 LIVE IN PERTH WEDNESDAY 22 OCTOBER 2014 REGISTER NOW! Book online: leadership-summit.com.au Book by phone: (08) 9383 8000 BOOK EARLY AND SAVE Special rates available for early bird group bookings. Hear from 17 of Australia’s most successful leaders including Andrew Denton and John Worsfold as they share their insights and wisdom at the inaugural AIM WA Leadership Summit. WEDNESDAY 22 OCTOBER 2014 HYATT REGENCY PERTH Safe hands No boundaries: Adam Gilchrist has found his feet in WA’s business world. Picture: Iain Gillespie I N T E R V E W Fearless yet fair, Adam Gilchrist’s on-field reputation is without peer. He talks to Stephen Bell about maintaining his drive in his new life in business, and how the humble Kombi van won him his wife A s sporting theatre it was pure gold. On a warm May evening last year at a mountain-shrouded ground in northern India, Adam Gilchrist played out his last game of international cricket, captaining the Kings XI team in the Indian Premier League. With his team’s victory well in hand, wicketkeeper Gilchrist cheekily brought himself on to bowl his first and, as it turned out, last ball in IPL cricket, against Mumbai’s Harbhajan Singh. When his innocuous off-spinner was lobbed straight into a fielder’s hands at deep mid-on, Gilchrist broke into wild, wicket-taking celebrations, including an impromptu Gangnam-style dance routine that had the crowd in raptures. It was an uncharacteristically flamboyant end to a stellar career spanning two decades. Normally, the unassuming champion let his bat and wicket-keeping gloves do the entertaining. Now, a year-and-a-bit into “retirement”, Gilchrist is still chalking up big scores — mostly in boardrooms and office blocks round the globe — as he makes the transition from cricketing all-rounder to business all-rounder. The 42-year-old has been preparing for a post-sporting life for a decade-and-a-half. It was 1999, the year of his test debut at the Gabba in Brisbane, that Gilchrist made his first notable commercial decision by acquiring a stake in then unknown, and unlisted, plantation company TFS Corp. It was a brave move for a late-20s lad who grew up in Lismore, northern NSW. Back in those days, plantation managers had a reputation for going broke, not delivering shareholder returns. There have been a few ups and downs on the market since TFS listed in 2004 as a sandalwood specialist but the cricketer turned canny capitalist has recently cashed in big time. After rising in value by nearly 60 per cent in the past five months, his stake is worth a cool $3.8 million. With a nest egg that size, who could blame “Gilly” for putting the feet up, toasting the trophies that adorn his Shenton Park home office and — alongside wife Mel and the four kids — playing the family game full-time? But taking it easy doesn’t seem to be in his DNA, as he goes about transferring his sporting brand of fearless aggression combined with impeccable fairness (he was renowned for walking when he considered himself out) smoothly into the business, charity and media arena. He’s an ambassador for TFS, marketing sandalwood, both as a plantation product and investment opportunity, in Australia, the Middle East and India; chairman of the National Australia Day Council, which co-ordinates the Australian of the Year awards; part-time cricket commentator; and he also holds marketing roles with Suncorp Bank and the University of Wollongong — the institution Gilchrist was enrolled in after high school but never attended once he was offered a scholarship at the-then Cricket Academy. More recently, he helped launch Leap Performance, a business coaching organisation packed with retired sports stars such as seven-time world surfing The difference between now and my playing days is I can dictate the schedule. champion Layne Beachley, West Coast Eagles legend John Worsfold and former Sydney Swans players Michael O’Loughlin and Jude Bolton. The venture includes professional business coaches and psychologists alongside the sports personalities, who provide advice to people wearing suits rather than lycra or Speedos. Initial Leap clients include CGU Insurance, Deloitte and BDO accountants. In one sense, Gilchrist’s working week is similar to his former sporting life: bursts of focused preparation and intense activity punctuated by plenty of air miles, overseas hotel rooms and family commitments. “It’s fits and spurts,” Gilchrist tells WestBusiness Insider. “But the difference between now and my playing days is I can dictate the schedule much more. Generally school holidays and weekends I will quarantine for family time, whereas in cricket the schedule ran your life.” Total working hours per week? “You’d have to ask my wife that question,” he says. “She’d probably say a number which is a lot more than the number I’d give.” He doesn’t dispute a figure of 40-plus hours. Of course, not every elite athlete negotiates the transition to “civilian” life successfully. Some have battled boredom, substance abuse and depression after the wrenching shift from highly paid celebrity status to just another face in the crowd. There was never much chance Gilchrist’s face would blur into the background, however, given he is one of Australia’s most recognisable, and trusted, personalities. That high profile has bred a few interesting rumours on Wikipedia, including one that he used to read Karl Marx in the change rooms on tour (“Never!”) and another that he was courted by Federal Labor to contest the seat of Stirling at the last election. “I’ve never been formally approached by either side of politics,” he responds, conceding there have been a few polite inquiries. “I don’t have any desire to get into politics at this point in time.” As for business, he’s made the transition look as easy as one of his elegant cover drives. Partly that’s because he was lucky enough to play in an era when cricketers were well paid and invested wisely. There are no “secret herbs and spices” to his investment philosophy, Gilchrist says, which relies on a blend of corporate roles, commercial and residential property, and the long-term bet on TFS. “I was also fortunate to have people around me who encouraged forward thinking and understanding when an opportunity was sitting right in front of you.” No doubt it helped that he was an open, gregarious sort of chap. At innumerable corporate functions during his playing days, teammates were usually placed on separate tables. “Some guys had no interest in going to functions because they had to talk to strangers,” he says. “But it only takes a minute to stop and realise: That’s the major sponsor and they’re probably part of the reason you’re getting paid. Secondly, it’s a chance to meet some people, have a chat, and you never know, it might lead to an opportunity post-cricket.” That open-minded approach worked well in the early 2000s when he met English entrepreneur Lloyd Dorfman, the founder, chairman and chief executive of Travelex (then corporate sponsor for the 2001 Ashes campaign) at an official launch. Gilchrist joined Travelex as a non-executive director in 2003, a position he held for five years. “That was purely from having your eyes wide open rather than shut,” he says. The tactic also worked a treat during his playing days in India, when he noticed the pervasive presence of sandalwood, whether as incense or carvings at functions, ceremonies and temples; perfumes in the markets; or even as an ingredient in a popular chewing gum. Over-harvesting and increasing demand for the scarce product has led it to being dubbed “wooden gold”. Top-quality Indian sandalwood, rich in the fragrant oil, can now fetch more than $115,000 a tonne — so valuable that it has encouraged widespread illegal harvesting of WA’s sandalwood, which mostly grows naturally in the bush as a parasitic tree. And the rising demand has not gone unnoticed by global markets. Middle Eastern sovereign wealth funds and other offshore investors, impressed by TFS’ near monopoly on management and ownership of sustainable plantations, has bought into the company, which has finished its first Kimberley harvest. Having formed a friendship with chief executive Frank Wilson, it was a natural progression for Gilchrist to become a “global ambassador” for TFS in 2010, two years after his retirement from Test and one-day cricket. The role was also driven by his huge profile in cricket-mad India. After finding his feet in marketing, Gilchrist joined the TFS board in June 2011 while still captaining the Kings XI. He served as a director for three years, stepping down this year because of increasing media and professional commitments, including the Leap start-up. The latter is seeking to muscle in on the boom sector of business coaching, which raises the question: How does belting bowlers out of the park, or diving sideways to take acrobatic catches in front of CONTINUES PAGE 14 FROM PAGE 13 the slips, qualify a bloke to advise corporations? “I don’t see myself as an expert,” is Gilchrist’s frank response. “I raised the same question when asked on to the board of Travelex in 2003. When Lloyd said, ‘I want you on the board’, I asked, ‘Why?’” The chairman explained that he already had plenty of foreign exchange experts, lawyers and accountants; he needed an outsider, with no idea about the business, but who had been in a successful organisation and could ask some “dumb” questions. “It’s fair to say I upheld my part of the bargain there. In my sport, we spend 80 per cent of time preparing for the opponent — training, getting your skills right, and focusing on what is going to happen on match day, and only 20 per cent is actually playing the game.” In business, however, every day is game day, he says. “Each day you are opening your doors and trying to outperform — taking on a competitor, working with customers and just keeping your business functioning.” Unlike sport, corporate players don’t have the luxury of downtime between plying their skills. “You don’t often get that 80 per cent of time to be able to stop, analyse and assess, work out if you are focusing on the right things,” he says. “You barely get 20 per cent of the time.” With that perspective, Leap’s sporting stars hope to translate their skills — both on and off field — into the much less physical, but equally pressurised, office environment. Our family grew up in Kombis. It was a bit embarrassing at the time because they weren’t cool then. “All of us, in a sporting context, have so many scenarios that we can bring as examples of fine-tuning that preparation.” Gilchrist is conscious of the fact that retired sports folk trying to earn their stripes in business need more strings to their bows besides motivational speaking. In India, doors opened readily for the wicketkeeper-batsmen wearing a TFS hat. “Sport is a wonderful ice-breaker for a business meeting and a great first 10 minutes of conversation,” he says. “But if you haven’t got a good product, service, or story, that’s all it will be: an autograph session and a few photos.” The Indian and Middle Eastern markets are also prominent in Gilchrist’s gig with the University of Wollongong. He’s often seen in Dubai, the United Arab Emirates’ most populous city, where the university has had an offshore campus since the 1990s. It has grown to 5000 students, the majority of them Indian. His role is to forge business and research links between Dubai and India, with the university considering a campus in the latter country. A centre of excellence for mining already operates out of Ahmedabad, Gujarat state, the hometown of Narendra Modi, India’s new Prime Minister. The university also has links with several Indian IT companies which, according to Gilchrist, are looking to set up businesses in Australia. Gilchrist’s cricketing life may have smoothed the way into business but it was a German-style classic that drove him to his love match. The VW Kombi wagon holds a special place in the hearts of many nostalgic 40-somethings, none more so than Gilchrist and his wife, who are part-way through a refurbishment of the van once owned by Mel’s father. “Our family grew up in Kombis. It was a bit embarrassing at the time because they weren’t cool then,” says Gilchrist, who proudly displays a framed print of a 1960s model in his office. “Mel and I went to school together and the first date we went on was at her place. I was trying to get Mum to drop me at the corner and walk the rest of the way to hide the van. But we drove in the driveway and I looked . . . ours was bright orange . . . and in their carport was a bright yellow Kombi. So I thought, ‘This actually might work’.” A few years ago Mel’s dad was about to throw out his last van, a 1976 model, before Gilchrist nabbed it and hired a Lismore-based restorer to bring it back to life. When the rebuild is finished next year, he plans to “take the horde over there, get in it and drive it back”. The voyage will echo a move two decades ago when the Western Warriors convinced Gilchrist to leave the east coast for greener pastures in the west. 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Wherever you live or work, whatever gas you need. You can rely on Kleenheat Gas, your WA gas retailer. For over 55 years, Kleenheat Gas has been the trusted name in gas for WA homes and businesses. No matter where you are in WA, we have the gas you need, from bottled gas to natural gas through the pipeline. Switching to a better deal on your natural gas is easy and you’ll use the same pipes, meter and appliances as you always have. To find out how much you could save on your natural gas, talk to your local Kleenheat Gas team today on 13 21 80. kleenheatng.com.au @kleenheat /kleenheat City spaces Development in and around the CBD means Perth is now more than just a nice place to raise a family. Marissa Lague reports P erth’s CBD has found itself in the unusual position of being sandwiched between two major infrastructure projects that will increase the city’s footprint to the north and south. Mining boom revenue and investment, the knock-on effect of a constrained office market and an awareness of inner-city living have converged on the city, setting the scene for an unparalleled period of growth. On the waterfront, there is the $2.6 billion Elizabeth Quay and on land reclaimed from train lines that once divided the CBD and Northbridge, the $5.3 billion Perth City Link is taking shape. In between the developments flanking the city, major infill developments are flourishing with a slew of new office towers, hotels and apartment buildings making their way into the market. “If you think back a few years ago the answer was ‘no’ to many things but the new planning regime is looking at ways to make a better city,” says Philip Griffiths, president of the WA chapter of the Australian Institute of Architects. “We now have a planning scheme that allows more intense development but safeguards things we love with incentives for looking after heritage.” The line-up of market forces behind the enormous level of development happening in the city has been a long time coming and if there is a downside, it’s that it didn’t result in a series of staged projects. “The government has had, through its various arms, control over when Elizabeth Quay was going to happen and when City Link would happen and perhaps a bit of off-setting of time might have been the smart thing to do, but on the other hand there’s an appetite for doing it and getting it done, so for the moment, we are city circulation victims of our own success,” Griffiths says. Private developers, including a growing contingent from Asia, have been quick to take up the new opportunities delivered in master plans signed off by various planning agencies. Perth’s tallest apartment building is planned for the last of three residential lots being developed by Finbar at the former ABC site on Adelaide Terrace. At the other end of the city, Malaysian developer AAIG stole the march on established operators with a memorandum of understanding to build the new headquarters for Woodside at Capital Square on the long vacant eyesore once occupied by the Emu Brewery. One of the landmark transformations will be the Treasury precinct. The restoration and conversion of the 135-year old Treasury Building into a hotel, the 33-storey office tower under construction, a new library, a refurbished Public John Williams Trustee Building and a new public plaza behind St George’s Cathedral is all part of the master plan. “It will be one of the city’s shining lights, everything will look right there and it will be in all the tourism brochures,” Griffiths says. At Elizabeth Quay, the Far East Consortium will build a Ritz Carlton hotel and 420 apartments. Hilton will build a DoubleTree and energy giant Chevron will build its new office tower. The Metropolitan Redevelopment Authority is weighing up proposals from five bidders to develop two other sites there. Although Elizabeth Quay is the most contentious of the city projects, most agree that it’s the Perth City Link that will have the most profound change on the CBD. The 13.5ha strip of land created by the sinking They operate on a scale which is outside the reach of the majority of Perth’s developers. of the railway line opens the way for the CBD to reconnect with Northbridge. Bookended by Perth Arena and the Horseshoe Bridge, a blend of apartments, office towers, retail space and the new Yagan Square will be built on the land. “The city is anticipating that expansion northwards and looking at the planning north of Roe Street,” Griffiths says. Questions already being asked are, he says, what do we care about, where can there be more future development, what do we need to look after? At Kings Square, which will occupy 1ha of Perth City Link, Leighton Properties is well into the construction of its seven-building plan, with four office towers due to be finished from the middle of next year and work yet to start on two apartment towers and an additional commercial building. Developers are also responding to demand for inner-city living and Perth is acquiring a residential population that will underpin the future city. With more people opting for the convenience a CBD lifestyle offers, Perth is making the transition to become a safer, livelier city. The City of Perth has also come to the party with density bonuses for developers. With rising office vacancies likely to be compounded by big tenants relocating to new offices, a big part of the CBD’s development focus has switched to the profitable apartment market. Buoyed by strong sales of inner-city apartments, developers are packaging competitively priced apartments into high-amenity complexes with pools, gyms and communal entertaining areas. Another new arrival, Singaporean developer the Fragrance Group, is expected to build an apartment tower on part of the site at 374-396 Murray Street. Registrations of interest have opened for Far East’s apartments at Elizabeth Quay and off-the-plan sales have started at Finbar’s Concerto on Adelaide Terrace. More offshore developers, many backed by private equity and with the financial muscle to develop core CBD apartment sites, are also expected. JLL managing director for WA John Williams says he is expecting more big deals in the CBD from offshore developers like the Fragrance Group and the Far East Consortium. “The benefit for the CBD is that they operate on a scale which is outside the reach of the majority of Perth’s developers,” he says. “They don’t want to build 50 or 100 apartments, this wave of developers is looking for larger projects.” Williams says offshore developers have the option to sell apartments to their own domestic market and to Australian buyers. “The next wave of office development could be beyond 2020 and in the meantime we have offshore developers looking for opportunities and we have forecasts for high population growth,” he says. Page 18 KINGS SQUARE FUTURE OFFICE TOWERS CAPITAL SQUARE Malaysian property developers AAIG took the Perth market by surprise by luring blue-chip tenant Woodside to their new office tower planned for the long-vacant Emu Brewery site. Woodside’s new corporate headquarters will be on the corner of Spring and Mount streets. KINGS SQUARE Kings Square will occupy 1ha in the Perth City Link and is being touted as the city’s new CBD centre. Leighton Properties will build seven buildings, including two apartment towers at the site that will have links to Northbridge and the underground bus port and Perth train station. Royal Dutch Shell was one of the early anchor tenants at Kings Square, where it will occupy the 19,300sqm KS2 on Wellington Street. Kings Square, once occupied by the Perth Entertainment Centre, is part of the bigger Perth City Link project. CATHEDRAL + TREASURY PRECINCT The 33-storey office tower looming over the Cathedral and Treasury Precinct is being built by Mirvac and will be home to the Department of Justice. We cover it all 35 years’ experience | Our inside knowledge. After 35 years in business, there’s not much we haven’t financed. Our team of Finance Executives work across all industry sectors from mining to medical, and from manufacturing to construction. Many of our original clients are still with us, a testament to the service and dedication we have demonstrated over the years. Secure Your Growth Equipment | Property | Insurance Premium Funding | Surety Bonds | Corporate & Business | Call Managing Director Phil Botsis DL: 6318 2701 | M: 0418 912 889 | E: [email protected] | ledge.com.au Ledge Finance Ltd. Australian Credit Licence No. 392211 2529330_GMEP14 CHEVRON Chevron, the CBD’s second-biggest office tenant paid $64 million for the first site at Elizabeth Quay and plans to start construction in 2016 on an office tower to consolidate its workforce. With the first office and hotel sites assigned, the next phase of the $2.6 billion development will be office sites five and six. 999 HAY STREET 999 Hay Street, by Qube Property and the ABN Group, will deliver A-grade office space to about 1000 workers at the top end of the CBD when it opens next year. BROOKFIELD PLACE Brookfield Place Tower 2 is the final piece in the redevelopment of Perth’s Brookfield Place, which re-opened historic buildings on St Georges Terrace and added the Brookfield Place tower to Perth’s skyline. Brookfield Place Tower 2 will fill a long vacant site on Mounts Bay Road. ed. au 2529330_GMEP14 Page 20 FUTURE APARTMENT TOWERS ELIZABETH QUAY Registrations of interest have opened on the 420 apartments to be built at Elizabeth Quay by Asian property developer Far East Consortium. The waterfront apartment site will include the five-star Ritz Carlton Hotel at Elizabeth Quay. FINBAR’S CONCERTO At 38-storeys, Finbar’s Concerto project will be Perth’s tallest apartment building. Concerto will join the 23-storey Adagio and the still-under-construction 23-storey Toccato apartment towers on the former ABC site. The $220 million, 226-apartment project will retain the broadcaster’s original studios and administration building, which will be refurbished to create the development’s Adelaide Terrace entrance. TOCCATA Finbar’s Toccata project fronts Terrace Road and will have 43 luxury half-floor apartments and two commercial lots over 23 storeys. Like Adagio, Toccatta will offer sweeping river views over Langley Park and the Swan River. SI RESORT-STYLE LIVING FROM $410,000 PO G DE LIN 00 L ,0 SE $1 Y! RR HU MOVE CLOSER TO THE ACTION Crown Burswood ~ Swan River ~ CBD ~ WACA ~ Waterbank ~ Victoria Park Metro ~ . ST FA Airport ~ ~ 1 or 2 bedroom apartments with spacious balconies ~ Apartments start from level 5 for a guaranteed view ~ Stunning panoramic views of the nearby Swan River ~ Close by the nightlife and gaming at Crown Casino ~ Proximity to sporting facilities and the new billion-dollar Perth Stadium ~ Easily accessible by public transport links and airports Call Wayne Briggs 0408 408 508 or Katherine Severn 0438 904 494 or visit riverwoodapartments.com.au Walk through our stunning sales display 12 noon - 3pm this Saturday or Sunday. Level 1, 47 Burswood Road, Burswood (adjacent to Auto Classic). * T. NEW Stadium ~ *Conditions apply BUILT APARTMENT TOWERS EQUUS One of the CBD’s biggest mixed-use projects, Equus packaged 138 apartments, 48 strata offices and a 2000sqm ground-floor retail arcade with 30 shops into the corner site once home to Cinema City. Receivers were appointed to the project at the end of 2011 but the announcement of the redevelopment of the Cathedral + Treasury Precinct on the other side of Hay Street helped kick-start the project’s office sales. FAIRLANES Fairlanes Perth helped activate the eastern end of the city. The 27-storey Finbar project delivered 128 apartments above five floors of office space to the Adelaide Street site once occupied by the Fairlanes Bowling Alley. ADAGIO The first apartment complex built by Finbar on the former ABC site on Terrace Road, Adagio was completed in 2013 and its 113 luxury apartments have panoramic Swan River views. Central Park is an iconic Perth landmark dominating the city’s skyline at the very heart of the CBD. At Central Park you will occupy not only one of Australia’s premium office buildings but also benefit from a superior workplace environment that continues to set benchmarks for state-of-the-art tenant facilities, services and amenities. An iconic tower with outstanding leasing opportunities. Full and part floor office spaces from 500m2 to 3708m2 now available on the highest 4 consecutive floors or large low rise floors. These spaces represent rare and outstanding opportunities for those organisations planning to take their business to new heights. The top four levels of Perth’s tallest commercial office tower Altitude Central Park - levels 48 to 51 are available for lease. Benefit from Central Parks facilities; Q 5 Star NABERS Energy Rating Q Concierge Service Q 22 passenger lifts Q Fully equipped Conference Centre with theatrette, four meeting & seminar rooms Q Cocktail and function area Q Dedicated on-site tenant service team Q 24 hour security, including extensive CCTV coverage Q Fully equipped tenant-only Fitness Centre Q Extensive ‘Ride and Park’ end of trip facilities, including bicycle parking, showers, lockers and change rooms Q Easy staff access to the railway, bus stations and shopping malls Q Secure undercover tenant parking for 423 vehicles Q Public car park for 442 vehicles Q Skyline signage available For further information about the unique leasing opportunities at Central Park, contact David Evans 0412 925 930 or Warren Wright 0402 005 055. realcommercial.com.au/500726399 central-park.com.au THE WHITE STUFF Flour power is changing the way Asia eats. Brad Thompson talks to a boy from Bunbury on a mission to mill “E ver seen $7 million in cash? It is surprising how small it looks.” Greg Harvey is telling a tale from his days working for the Australian Wheat Board in the years between the two Gulf Wars. It was Easter 1996 and the then 28-year-old was in the Iraqi Embassy in Jordan. He had been summoned to Amman from his base in Cairo to collect payment for Australian wheat. He was a recent arrival in the Middle East, his boss had been sacked, his only back-up was another relatively junior AWB employee and he had never met the Iraqis. The director-general of the Iraqi grain board had spent 14 hours driving from Baghdad to Amman with $US7 million in cold, hard cash. The money was sitting in the corner of the room and now he wanted Harvey to collect it and walk out into the streets. “The first thing I thought was OK, that’s half the problem solved. At least the money is here,” Harvey recalls. “Then I looked at the guy with me and he looked at me. We were thinking the same thing. The last thing I wanted to do was walk out in the the street with $7 million . . . it could be a set-up. “It was pretty intimidating. The thought was, is someone going to cut my throat?” When Harvey refused to walk out with the cash, the Iraqi director-general had another solution. “He said, why can’t you get the Australian Embassy to come over and collect it and send it back to Australia in a diplomatic pouch? We said no. “We had been to the Australian Embassy and told 22 AUGUST 2014 them why we were there and what we were doing. We were on official business, the board of AWB knew I was there and the senior management in Melbourne were waiting to hear from me.” Harvey spent the next four days going from bank to bank in Amman working out a way for the Iraqis to deposit the money into the international system so it could be transferred into an AWB account. It was a baptism of fire for the boy from Bunbury with a degree in political science from the University of WA who now heads up Interflour, a flour milling company with prized strategic assets across South-East Asia aiming to achieve a market value of $1 billion by 2016. Harvey cut his teeth in agriculture working for the WA Farmers Federation before joining the AWB as a grain trader and becoming one of its rising stars. He looks back on his 21⁄2-year stint in Cairo working out of the apartment he shared with physiotherapist wife Tracey as a key period in his career. “There was a nine-hour time difference with the bosses back in Melbourne and I was handling significant grain tenders with the Egyptian government,” he says. “When you are trying to close a deal and it is 3am in Melbourne you learn to make important decisions by yourself and also learn how to explain those decisions the next day. It taught me a lot about self-motivation and taking responsibility for your decisions. In corporate life there are people who don’t do that.” Harvey was based in Cairo to look after what was then the biggest wheat import market in the world. His responsibilities extended to Sudan, Yemen, Jordan, Israel and Lebanon. “It helped teach me the hard skills, the figures side of grain trading. But also the soft skills needed to go into places like Sudan and Yemen to develop markets and find new customers,” he says. I It was a bit disconcerting having security guys turn up and whisk your wife away and you never knew how long she would be. Greg Harvey Harvey wasn’t the only one making an impression in Cairo. Tracey’s physiotherapy business, which she operated alongside her husband in their apartment, took off and she was asked to treat the family of then Egyptian president Hosni Mubarak. “She ended up going to President Mubarak’s residence once a week to treat his wife and children,” Harvey says. “It was a bit disconcerting having security guys turn up and whisk your wife away and you never really knew how long she would be.” The stint in Cairo introduced Harvey to the business of flour milling and planted the seed that would lead to him bringing WA’s farmer-controlled Co-operative Bulk Handling and Indonesian billionaire Anthony Salim together in the Interflour joint venture. AWB decided to take a 30 per cent share in one of the first private flour mills in Egypt and as a member of the board Harvey saw the potential to make big margins in downstream processing as well as grain trading. His successes in the Middle East, including developing markets in Sudan and Yemen, soon had AWB calling him home. The AWB was restructuring as it prepared the ground for corporatisation and wanted Harvey in charge in WA — the powerhouse State in Australian grain exports. Despite the criticism of AWB and the scandals with Iraq that came after his departure, Harvey is grateful for the opportunities it gave him in the international grain trade. “I’d always been interested in the outside world and followed global events. When I got involved in the grain industry and understood more about what the AWB did I said to myself ‘wow, this is something I would like to be a part of ’,” he says. “The largest Sudanese mill today is owned by friends of mine. They started off at 500 tonnes (of flour) a day and are now at 3000t a day and still use Australian wheat. “It was fascinating to go to a city like Khartoum, where the only place you could get a beer in those days was the Hilton Hotel.” Harvey took over as State manager of AWB in the late 1990s and paved the way for what was to follow with deregulation of the industry by offering farmers new options. N T E R V E W Instead of simply putting their grain into the AWB pool and taking the price, they could opt for products that offered premiums based on protein content and price-risk management contracts. The AWB opened offices in Wheatbelt towns to forge closer ties with farmers still operating under the single-desk marketing system. “The individual farmer didn’t have the ability to manage different parts of their own price risk and there was a generation of farmers coming through who wanted that,” Harvey says. The job meant Harvey worked closely with CBH for the first time but his passion remained international trading. It wasn’t long before he jumped at the chance to go to Melbourne to run AWB’s Asia desk. Almost immediately, he moved the entire Asia desk from Melbourne to Hong Kong in keeping with his philosophy of being close to the market and the action. It was the start of what many are now calling the Asia century. And in running the trading team and handling key clients himself, including Salim’s Bogasari mills, Harvey quickly saw the power in flour. It was clear to him that as wealth increased, tastes would change in South-East Asia. While annual flour consumption in Singapore is 71kg per capita, it remains below 30kg per capita in the biggest markets. The growth from a low base has been phenomenal and market analysts see plenty more to come. Harvey joined CBH in 2003 in a business development role and by 2005 sealed the deal between the co-operative and Salim to buy the then struggling Interflour. Almost a decade later, Interflour is on target to produce 10,000t a day, which will put it in the top-10 flour millers in the world. It operates seven mills, including the world’s fourth-biggest in Indonesia, four in Malaysia, one in Vietnam and one in Turkey. New mills are being built at Subic Bay in the Philippines, near Johor Bahru in Malaysia and on the outskirts of Bangkok in Thailand. Interflour is also building a huge malting plant on the site of its port complex in Vietnam as part of the $150 million spending spree. Harvey sees potential for growth beyond South-East Asia, but not in the short term. “If we wanted to go beyond Asia, we would look to go into other emerging markets globally where we could apply my basic business strategy, putting assets near consumers and then having a tight supply chain,” he says. “If there is part of the world like the east coast of Africa, for example, where we can put factories in the market and operate a very good supply chain from Australia or the Black Sea for wheat, they would be attractive but it is not on our radar at the moment.” The network of mills in booming markets with a ready supply of grain from WA farmers who have a stake in the business is the envy of many competitors and a target for major investors. “We get a lot of people knocking on our door expressing a lot of interest but to get from where we are today to what we want to achieve by 2016 we don’t need their capital,” Harvey says. CBH has paid off the $70 million loan it used to buy its share of Interflour, which has returned about CONTINUES PAGE 24 FROM PAGE 23 $40 million in profits, but a significant number of its 4300 grower members remain sceptical about the investment. Interflour has become an important stepping stone for young guns in the CBH management team looking for international experience. CBH operations manager David Capper and marketing and trading general manager Jason Craig both had stints running the giant Interflour mill in Makassar before running to senior positions at the co-operative. Nicholas Trim, another former Bunbury boy who came through the ranks at CBH, is currently general manager of operations at Makassar. And Kalamunda product James Kirton is general manager of Intermalt Vietnam, where Interflour is tapping into the growing taste of beer as well as bread in South-East Asia. But Interflour doesn’t rely just on WA for its management talent. Harvey juggles about 20 different cultures in managing his staff, which includes a foreign legion of top executives recruited from companies like Archer Daniels Midland, Ernst & Young, Nestle and from within the Salim business empire. He also deals with government-run enterprises and joint ventures partners on top of signing MOUs to supply multinational brands. It is inevitable that Interflour is confronted by the spectre of bribery and corruption in doing business in South-East Asia. That’s where Harvey’s ability to dig VS It is the right thing to do. We are fortunate to be in the food industry where we can do something about it. Greg Harvey his heels in and say no — as demonstrated in the Iraqi Embassy — comes to the fore. Harvey won’t buy into the debate about the future of Interflour beyond saying he wants to put it in the strongest possible position for the owners to consider their options. He knows those options include continued growth or a partial initial public offering on the Singapore stock exchange to cash in some of their capital growth. His focus is on completing the expansion on time and on budget, and on finding the right balance between flour and family life. There are no self-raising children and Harvey commutes from Interflour’s base in Singapore to Perth on as many weekends as possible to spend time with Tracy and their sons Lachie and Lucca. The family had been living in Singapore but the Harveys decided it was in the boys’ best interests to attend school in Perth. Harvey’s other passion is tackling neural tube birth defects through the Flour Fortification Initiative. It is estimated almost 40,000 serious birth defects such as spina bifida are prevented each year in Family thing: Greg Harvey with his wife Tracey and boys Lachie and Lu countries where folic acid is added to flour. FFI was launched 12 years ago as a public-private partnership to boost flour fortification. Over that time the number of countries with mandates to fortify wheat flour has increased from 33 to 78. It is a measure of Harvey’s standing in the international grain industry that he is chairman of the FFI executive management team, which includes Bunge and Cargill. Other members include the US WATCH THIS SPACE! EVENT PARTNERS AQUINAS COLLEGE - PERTH 10 DECEMBER 2014 ANNOUNCED PLAYERS: ADAM GILCHRIST, RICKY PONTING, MATTHEW HAYDEN & ANDY BICHEL AFTER IT’S SUCCESSFUL LAUNCH IN 2013 THE FESTIVAL OF CRICKET LEGENDS MATCH RETURNS BIGGER & BETTER IN 2014. As Played in the exciting Twenty20 format, witness our past Australian Legends in action as they take on a World XI consisting of some of crickets biggest international names. Promising a truly unique & entertaining experience for all corporate guests, the 2014 Festival of Cricket Legends Match is fast becoming one of Western Australia’s most talked about corporate events. wh an rem flu of 16 24 7A SPONSORSHIP | HOSPITALITY | TICKETS on SALE NOW! BOOKINGS PHONE: (08) 9388 2000 EMAIL: [email protected] All WEB: festivalofcricket.net.au CORPORATE FLYER A battle over passenger comfort is about to erupt in WA’s skies s Lachie and Lucca at their Claremont home. Picture: Mogens Johansen Centres for Disease Control and Prevention, UNICEF, the World Health Organisation and the International Federation for Spina Bifida and Hydrocephalus. Interflour budgets about $2/tonne to add vitamins and minerals to flour in a market like Indonesia where fortification is mandatory. “It is the right thing to do. We are fortunate to be in the food industry where we can do something about it,” Harvey says. In the next few months, Perth will be home to some of the most advanced passenger aircraft in the sky. Thai Airways and Air New Zealand are due to launch 787 services and newcomer Etihad Airways may follow suit. The 787 is unquestionably the world’s most comfortable plane and a quantum leap over any other aircraft in getting you to your destination in far better shape. Key to that performance is its carbon fibre-reinforced polymer composite construction that is lighter and stronger than the usual aluminium frame, which means the pressurisation altitude can be reduced from 9000ft to 6000ft. The composite material also resists corrosion, which means the cabin humidity can be upped from 5 per cent to 14 per cent. These two advances virtually eliminate dehydration and mild altitude sickness, which starts about 6500ft. Before you fly, visit Its new technology engines are much quieter, reducing engine noise fatigue. Interestingly, it is a new cabin filtration system that removes alcohol and perfume vapours that is responsible for making you feel a great deal better on arrival. With almost 70 per cent of flyer s having some degree of fear, the 787’s gust suppression system and bigger windows will be a blessing. The turbulence suppression system built into the wings makes the ride 70 per cent smoother. And for those who suffer from claustrophobia, the windows on the 787 are 50 per cent bigger than on comparable planes. This means that regardless of where you are seated, you have a view to the world outside. Next year, Qatar Airways and Cathay Pacific will introduce the A350 — Airbus’ competitor to the 787 — which offers many of the same features. Geoffrey Thomas For information, the latest news and d reviews from experts and passengerrs EL EBR ATIN C G 20 YEARS T H E H E A RT O F A N C I E N T J A PA N BEAUTY IN PARADOX Sea of Japan As morning shadows the Shinto shrines in the land of the rising sun, Kanaza Kan a wa aza a new day of culture clash is just beginning, but the neon haze Kyyo Kyo oto where the brazenly modern and breathtakingly new thrive in of Japan will confound, enthral and fill you with wonder. 16 September – 2 October 2014 (17 Days) 24 March – 9 April 2015 (17 Days) 7 April – 23 April 2015 (17 Days) All inclusive from $18,595 per person twin share from Perth^ Mat M Ma at a ssu sum um mo otto Tak Tak Ta akaya kay aya aya yama yama ma reminds you that for some it never ended. Welcome to a place fluency with age old traditions and Zen quietude. The contrasts IT’S ALL INCLUDED JA AP PAN Fuk u uokka uk Hirosh Hir H irrosh irosh ossh o shim hiima im maa m When you travel with Captain’s Choice, we’re all inclusive, all the way. Japan’s famous Bullet Trains will whisk you to the best available To TTok oky ok kyo Mt Fuj Mt ujiji uj Naara Nar Na accommodation. All meals with soft drinks (plus wine and beer with dinner) are part of your package. All sightseeing excursions are prearranged and escorted by our knowledgeable Tour Escort Team Nagasa Nag as ki asa as ki Mt Unz Unze en en Mtt As M Aso Kum K Ku u um mamo amoto amot and qualified Tour Doctor. Tailor your tour with our Select program, giving you a choice of complimentary sightseeing and dining options, Kagosh Kag oshima osh o him iima maa m safe in the knowledge that all four T’s: tipping, taxes, transfers and Phil Asker Pty Ltd Lic. No. 31891 CC1839 *Subject to meeting requirements of the insurer. ˆPrice valid for 2014 departure only. 2015 departure price starts from $18,955. F R E E C A L L TO R E S E R V E YO U R S E AT O R O R D E R A B R O C H U R E 1800 650 738 | travel insurance* are always taken care of. F O R M O R E I N S P I R AT I O N V I S I T captainschoice.com.au/ancient-japan BREATHABLE CREA SE RESISTANT WATER RESISTANT Stockist of “Viaggiatore” by Pal Zileri TRINITY ARCADE: SHP 207, HAY ST LVL PERTH. T (08) 9321 8621 CLAREMONT QUARTER: SHP 170, 23 ST. QUENTIN AVE. T (08) 9284 7700 SHOP ONLINE AT WWW.PARKERCO.COM.AU F TOP A COATS Stella McCartney coat, $2,385, Helmut Lang top, $895, Jbrand jeans, $299, Isabel Marant Beslay wedge boots, $540, matchesfashion.com Photographer: Rob Duncan. Stylist: Elizabeth Clarke. Hair and makeup: Rebekah Clark. Model: Sarah Tilleke/Vivien’s Models Simone Rochas egg coat 799 coat, $2 $2,799, Ricarda, Subiaco, 9381 5446 Wool coat coat, $800 $800, Scanlan & Theodore, Claremont, 9385 4747 Zambesi embossed coat, $695, Ricarda Navy wool and black satin coat, $895, bassike.com.au A S H O N rguably a woman’s most important fashion investment is her winter coat. The ultimate go-to garment for instant style and polish, a beautiful topper gives corporate and casual wardrobes more versatility and adds an effortlessly elegant edge to her look. Like shoes and bags, a winter coat is a piece in which you should invest. “Invest in a great quality, classic style first,” says buyer Natasha Marshall Donnelly, from Perth’s ELLE Boutique. Look for a high-quality version that flatters your shape, suits your personal style and works effortlessly with your wardrobe. “The biggest mistake is choosing quantity over quality,” Marshall Donnelly explains. “Do your research and make a list of what you really need from your coat. Identify what you’re after and don’t impulse buy.” Begin by determining how warm you require your coat to be. Many think Perth’s mild winter does not require an extra layer of padding but Marshall Donnelly disagrees. “I personally love to layer,” she says. “It not only keeps you warm but changes your look, even when you might be wearing summer staples underneath.” A wool coat is ideal for slipping over a silk shirt and trousers for work, keeping you warm and stylish between meetings and then easily removed on arrival. It is a woman’s most stylish travelling companion, adding instant glamour to the most casual of outfits. Look for natural fibres such as cashmere and wool that breathe and add warmth. Make sure your coat fits across your shoulders perfectly, and have your sleeves taken up or down so they hit your wrist bone. The fit of your coat should flatter, not overwhelm your frame. Taller women wear full-length coats beautifully while petite frames are better suited to cropped or A-line versions. Be aware of bulky or double-breasted styles that can add unwanted volume to your frame. The colour of your coat can either blend in with your wardrobe or impart a strong fashion statement. A punchy colour or print is a great way to add chutzpah to your corporate look. Don’t be afraid to wear it every day, making it your signature winter piece. Alternatively, choose a quieter coat in a neutral shade of black, navy or charcoal that is timeless and less memorable. Where you plan to wear your coat will determine the structure you choose. This season, the blanket coat, cocoon silhouette and fur-lined parka are strong trends. “There is a coat for every occasion and lifestyle,” Marshall Donnelly says. “For a casual or sporty environment, it’s definitely a fur lined parka by Moncler and Yves Salomon. For a structured feel, it’s Stella McCartney, and for something on the wacky and wonderful end of the scale, a coat by Rick Owens or Junya Watanabe.” Care for your coat by stowing it on a moulded wooden hanger to maintain its shape. On weekends, hang it outside in the shade for a good airing. Have stains spot-removed by a professional cleaner and be sure not to over-clean your coat. Have it professionally dry-cleaned only once or twice a year to prevent the chemicals altering its colour and damaging the fabric’s fibres. Elizabeth Clarke OYSTER PERPETUAL GMT-MA STER II M O T O R N G A little Macan-do attitude Ben Harvey finds Porsche’s Evoque killer is a very tight unit F irst, a confession. Insider Motoring is cheap. Twenty dollar notes leave our wallets reluctantly. And rarely in pairs. A purchase of a good or service worth more than $50 causes much furrowing of our brow and triggers expectations that whatever is being bought will yield at least 30 years of flawless service. So we are perhaps not the best source when it comes to advice on whether a heavily optioned Porsche Macan S Diesel, like the one pictured, is worth $118,000. If Insider Motoring spends $118,000 on something we expect to be able to raise a family in it. With that caveat noted, this small-scale SUV is splendid. It should be, of course, because it is a Porsche. With the exception of the 944, Porsche doesn’t manufacture things that are crap. The turbocharged 3L V6 produces 250kW and a serious 460Nm of torque. It will propel this “family car” to 100kmh in 6.3 seconds. The petrol motor in the Macan Turbo (which starts at $137,550) shaves 1.5 seconds off this. That’s a launch velocity guaranteed to make the drool on the faces of your kids in the back seat splatter the inside of the rear windscreen. The power under the bonnet is delivered to all four wheels via a Doppelkupplung transmission. It sounds like a weird German sexual position but is actually a silky smooth and lightning quick seven-speed gearbox. It sounds like a weird German sexual position but is actually a gearbox. It doesn’t have the race car-style tacho and speedo that Porsche has pleasingly persisted with for decades but the designers have nodded to the line’s pedigree by making the clock on the dash double up as a lap timer. It is very cool. If you get entranced by this device and have to correct hard then the twin safety angels of Porsche’s famously huge brake calipers and the badge’s stability management system (which co-ordinates suspension and wheel movements) will usually see you grip the road and end up straight. And if it really goes to pot then enough airbags will be deployed from enough angles to ensure you end up with all your features in the right places and proportions. The cabin is far from squeezed but definitely feels more like a sedan than an SUV. It’s got all the bells and whistles you would expect and want and is so comfortable that you can easily forget you are driving something that’s the brainchild of the finest minds in high-end motorsport. Being a European marque, the Macan has had to comply with that continent’s slavish devotion to reducing emissions. To that end, it is fitted with the most annoying motoring device since fluffy dice were invented — an auto stop function. WHAT’S IN MY GARAGE Middle child: The Porsche Macan sits between the Panamera and the Cayenne. Picture: Michael Wilson Chellingworth Motors 101 Stirling Highway Nedlands WA 6009 9273 3131 This means you will save 2 millilitres of fuel worth 0.000000003¢ when you come to a red light because a standstill automatically cuts the engine. That saving, it should be noted, comes at the expense of your starter motor because when you are in slow-moving traffic (is there another kind in Perth at the moment?) and having to edge down the Mitchell Freeway 12cm at a time, the ignition will turn off and on 700 times during your 30-minute journey. Fortunately, the boffins at Porsche have decided not to completely appease the European Union (how very German of them) and have included an off button. The EU’s ministry of transport will no doubt levy fines for this insolence, which Insider Motoring hopes will harden the resolve of Germany to drive a tank division into Brussels in order to put a stop to the madness coming out of the eurozone (if only a Panzer had better mileage . . .). So, why would you buy a Macan — a car which sits in a no-man’s land between Porsche’s undeniably sporty four-door Panamera and the unapologetically big and muscular SUV, the Cayenne? Perhaps Macan buyers plan to have children but are in a bit of denial about the whole thing. Buying a Cayenne, BMW X5, Volvo XC90 or Audi Q7 announces to the world: “We’re breeding but we’re still cool ‘cos we’re not driving a Toyota Tarago.” The Macan, like the Range Rover Evoque, Audi Q5 and BMW X3, is less definitive: “We’re thinking about kids so we can’t buy an M-series Bimmer but we’re not completely sold on the idea so a Rangie Vogue might be a waste.” Regardless of your motives, the Macan will serve you well. And if you do end up having kids you can flog it and buy a Tarago and have enough left over for two years school fees at St Hilda’s. Leone Magistro Owner of AutoDelta 1974 Alfa Romeo Montreal The Alfa Romeo Montreal is one of my all-time favourite cars because of its unique styling and race-bred, quad-cam V8. From a styling perspective, the Montreal has a Miura-esque profile, having been penned by the same designer at Bertone, Marcello Gandini — the man responsible for masterpieces such as the Lancia Stratos, De Tomaso Pantera, Lamborghini Countach and Fiat X19, to name a few. Having worked on and owned a number of Montreals, I know there is something about this car which must be experienced to be understood. Looking at a photo of the Montreal will never do it justice because it’s a sight to behold and the V8 sound is mesmerising. The engine surely has to be the jewel in the crown as it was derived from the 2-litre V8 used in the Alfa Romeo 33 Stradale and in the Tipo 33 sports prototype. Between 1971 and 1977, 3917 Montreals were manufactured. Only 180 right-hand drive versions were made so it’s a privilege to be a custodian of such an important piece of Alfa Romeo history. I bought this 1974 model from a client about 14 or 15 years ago. The Montreal has been an underappreciated classic, but with fullness of time its pedigree as a true supercar from the 70s has meant that it is starting to be understood and admired by classic car lovers the world over. AUGUST 2014 29 D I N N G LUNCH WITH ESME BOWEN The RAC president and owner of Perth’s best-known surf shops has a life story worthy of Hollywood. Ben Harvey fails to do it justice in 900 words I f scriptwriters knew the story of Esme Bowen’s car crash they would have made it the plot of an episode of ER, Grey’s Anatomy or House. A young nurse goes to Europe to study at the world’s leading spinal injury hospitals and within three weeks of returning to Perth, she snaps her back in a head-on collision. The cruel irony is too reckless to think about. The force of that crash on Old Mandurah Road in 1987 is so great the blue blouse Bowen is wearing is burnt by the friction of the seatbelt. The driver, her husband of six years, is in shock when Bowen sees a face appear at the windscreen. It is the driver of the other car. Drunk behind the wheel, he has swerved onto the wrong side of the road. He locks eyes with the then 27-year-old Bowen and looks at the impossible angle her body is forced into. In an unspeakable act of cowardice, which later earns him no more than a court-ordered fine, this serial drinkdriver runs into the Dawesville night. The horror of what happens next is worthy of the Saw film franchise. You see, Bowen understands her back is broken because she heard the crack of her spine snapping. And her medical training, which includes her recent visit to spinal units in Wales, England and Switzerland, means she isn’t afforded the luxury of ignorance about what is happening to her body. Her clinical expertise means she can’t fool herself about what it means when, slowly but relentlessly, she starts losing feeling in her legs. “I started to lose sensation in what they call our dermatone, the skin on your knees is supplied by the lower spine. I taught anatomy and physiology around spinal injuries for years, so straight away when my knees started going numb I knew that was L3 or L4 dermatone starting to go into my legs. I knew my spinal cord was damaged and I knew it was important nobody handled me the wrong way. I knew that bladder, bowel, sexual function, movement and sensation were all related to that injury.” The arrival of help signalled a new danger. Bowen knew that moving just a millimetre the wrong way could see the thin, delicate thread of her spinal cord ruined forever. So it was with increasing desperation that she pleaded with rescue teams at the scene not to drag her out of the car through the windscreen. And she was forced into another frantic negotiation when medical staff at Fremantle Hospital tried to roll her over to remove her jeans. At 54, Bowen is matter-of-fact when she recounts her ill-fated surfing holiday down south 27 years ago. Perhaps her calm is drawn from the quiet satisfaction of knowing she has not wasted a moment of the quarter of a century since the crash. She is a successful businesswoman (she and husand of 33 years Wayne own three surf stores within spitting distance of each other in Scarborough), a 30 AUGUST 2014 Advocate: Esme Bowen has devoted her life to helping those who need a champion. Picture: Sharon Smith devoted mother (two children aged 21 and 23), advocate for the disabled (she is a life member of Wheelchair Sports WA, president of Wheelchair Sports Australia and chairwoman of Disability Sports Australia) and president of one of WA’s most prestigious organisations — the RAC. She is also the master of understatement. “It kind of seems ironic that we did 20,000km in a clapped out old Kombi with very poor seatbelts visiting spinal experts in Europe to come home and three weeks later have a head-on crash.” With steel rods in her back and intensive rehabilitation, Bowen became one of the one in 10 sufferers of spinal trauma who walk again. It is a simple ability at which she marvels whenever she pads along the beach near her Trigg home. The legendary Sir George Bedbrook, a pioneer of spinal treatment in WA, convinced Bowen to use her experience to help others. “He said, ‘Esme this is terrific you have had all this experience as a nurse and now you are going to be a patient’. Now, at that time I was in ICU, there were drips, trays and catheters, it was still very early days. I told him that if he came any closer to me then I would probably hit him. The registrar told me I couldn’t talk back to Sir George like that. Sir George said to me afterwards that as soon as I answered back like that he knew I would be OK. “He started me on the speaking circuit. It was called a personal perspective of spinal trauma. I was able to talk about the anatomy, physiology and the forces that caused my injury. It was very cathartic.” She didn’t let 18 months in a brace slow her and the woman who started nursing at Princess Margaret Hospital in 1977 completed a Bachelor of Science at Edith Cowan University in 1992. She has since devoted the lion’s share of her waking hours to promoting the interests of the disabled and raising awareness of road safety. WestBusiness Insider, for one, hopes this extraordinary woman will one day reconsider her decision not to run for Parliament. The horror of what happens next is worthy of the Saw film franchise. 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