G-MW is ditching some real estate as part of its drive to cut costs and improve its bottom line performance.GEOFF ADAMS January 22, 2013 4:09am
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.
Goulburn Valley football identity Rob Auld has been unveiled as AFL Tasmania's number one man.
After building his form in a consistent effort during the past 12 months, Mulwala double trap shooter James Willett has staked his claim on possible Olympic gold after taking out the ISSF World Cup last week.
The Aboriginal and wider community is mourning the death of revered Bangerang Aboriginal elder, Uncle John ‘‘Sandy’’ Atkinson.
BIBLE which has been used in Echuca for the past 144 years will be rededicated at a special service in the Hare St Uniting Church on Sunday morning.
ROCHESTER V/Line travellers can now buy tickets in their home town again.
Lions Club charity money was stolen from a Kyabram barbershop Tuesday morning.
Seymour suffers disappointing loss to Euroa
Barooga transport owner-operator Glen Kearney says he is relieved the Federal Government has abolished the Road Safety Remuneration Tribunal.
DESPITE criticism from within the community over a perceived lack of use, the O’Keefe Rail Trail has enjoyed good traffic over the past couple of weeks, with more to come.
he success of the 2015 Barooga Sports Classic Pairs event has made the organisers the worthy recipient of the Berrigan Shire’s Event Management award at the Berrigan Shire Business and Environment Awards.
School fundraises for student with leukaemia.
Australian Dairy Farmers Limited has expressed disappointment at the announcement made by Murray Goulburn Co-operative about their revised opening milk price.
The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
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.