G-MW is ditching some real estate as part of its drive to cut costs and improve its bottom line performance.By Geoff Adams
G-MW is ditching some real estate as part of its drive to cut costs and improve its bottom line performance.The corporation will be getting out of two of its leased Shepparton buildings and is also planning to close and sell its Shepparton depot in the long term.
Staff will be moved to Tatura.
G-MW managing director Gavin Hanlon has also flagged that he is looking at the viability of other depots across their region.
He expects to release a blueprint within the next few months setting out how the cost savings and revenue changes fit with the long-term restructure.
‘‘While we need a regional office presence, we don’t necessarily need to have depots everywhere.’’
The leased Shepparton space includes the former NVIRP office in Wyndham St and a floor in the multi-storey building in Welsford St opposite the Greater Shepparton City Council office.
As part of its business restructure the corporation recently announced it was selling a porfolio of about 20
The move is expected to generate extra income as well as impact on costs as G-MW had to bear the storage charges.
Mr Hanlon said the water sales would be of smaller parcels and spread over time so they would not artificially affect water prices.
Tenders are being called for experienced water traders to handle the sales. Mr Hanlon said the criteria for tenders included experience and competitive fees.
G-MW has held some of the small parcels for years, but most of it has come from the closure of the Campaspe irrigation district.
‘‘In the long term G-MW should not be a water holder at all,’’ Mr Hanlon said. ‘‘Our job is to deliver it, not own it.’’ Mr Hanlon has promised farmers he will cap water prices and address cost issues, and last year announced the corporation would shed about 60 jobs and require a further 120 staff to change jobs in a new structure.
Wellington Phoenix midfielder Alex Smith found himself on the outer midway through last season and is pondering what went wrong at the A-League Club. The 27-year-old is currently living with his fiancee’s parents in Benalla.
Most people at the J C Lowe Oval left on Saturday evening talking about the game but not the result. Pigeon Coach Chris Kennedy summed up the feeling adequately when he said after the game; “it was a frustrating game, but my players weren’t responsible for the frustration.”
The move to extend the Tatura War Memorial area and honour Victoria Cross hero Robert Mactier with the erection of a statue in the Hogan St gardens named in his honour, continues.
An amount of cannabis was found in a truck yesterday after police intercepted a 41-year-old driver from Echuca.
Campaspe Shire will host a workshop to help district contractors write council tenders.
The call has gone out for Kyabram residents to throw open their garage doors for Kyabram Gift Inc's annual Purple Weekend fundraiser.
Ten people were injured after Two Australian Light Armoured Vehicles (ASLAV) collided during a training course at the Puckapunyal Military Training Range in on Wednesday, May 22.
The Finley Apex Sports and Community Centre has secured a $500,000 grant from Regional Development Australia.
Much of the inspiration for Heathcote-based musician Doug Bruce's latest album came from driving on the McIvor Hwy, he says.
Detectives in pursuit of Australia’s most wanted man have not ruled out Cobram as a possible hiding place.
Pastoral Times managing editor discusses the complexities of modern day media at U3A presentation.
The Department of Environment and Primary Industries (DEPI) is investigating incidents of abortion or still-births under the Lamb and Kid Mortality Surveillance Project.(LKSMP).
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.