Home' The Bunyip : June 18th 2014 Contents Page 10 "THE BUNYIP" GAWLER, Wednesday, June 18, 2014
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THE MONEY TREE
with SYMES ACCOUNTANTS
27 Twelfh St, Gawler South
Ph 8522 2633 email: firstname.lastname@example.org
Business Advisors and Accountants
Why Discounting is so Expensive!
We've come across many people working
in retail businesses who think that by giving
customers a 10% price discount, they will need
to increase their volume of sales by 10% to
maintain their same level of proﬁt.
Nothing could be further from the truth!
For example, consider a business that applies
a 50% mark up to its stock. If it offers a 10%
discount, it will need to increase its volume
of sales by a huge 43% just to maintain the
same level of gross proﬁt on the goods it sells.
Chances are that increasing sales volume by
43% will put pressure on existing over-head
levels (number of support staff, ofﬁce space,
consumables etc), meaning that the net proﬁt
may not even get to the pre discount proﬁt
levels, even after such a large increase in sales
Understand your Financial Numbers!
It’s vital that every business operator
understands their ﬁnancial numbers and
educates their employees about the massive
difference a small change in one of the key
ﬁnancial drivers can have on the performance
of the business.
Call us now for a complimentary meeting to
assess your business’ key ﬁnancial drivers.
WOOLWORTHS has no plan to build a
supermarket at Evanston Gardens, a spokes-
person for the company has confirmed.
Talk of a new Woolworths opening in the re-
gion seems to be unfounded, at this stage.
It was believed a large parcel of land on the cor-
ner of Angle Vale and Coventry roads, Evanston
Gardens, adjacent to the growing housing estate
Orleana Waters, was being investigated for devel-
opment by Woolworths.
Orleana Waters' developer Devine continues to
promote the land as a 'future shopping precinct'
in its masterplan, however the site is understood
to be owned by someone else.
Property manager Geoff Robertson, of MRS
Property, has not returned The Bunyip's enquiries
about the land's future use.
mystery Rising water prices
WATER prices for 2014/15 will be
capped at Consumer Price Index, in a
move that will ensure SA Water prices
Prices are set to rise by 2.9 per cent from
July 1, with country sewerage charges also
increasing by 3.4 per cent.
The government expected the total cost
of water and sewerage increases for an aver-
age customer would be about $38 across 12
months, or $9.50 per bill.
State Minister for Water Ian Hunter
said the move was part of an election
promise to ensure water prices rose by no
more than CPI for the next two financial
"Last year, this government introduced
the economic regulation of SA Water by
the Essential Services Commission of South
Australia," he said.
"As a result, water prices dropped by 6.4
per cent this financial year, and a commit-
ment was made that prices would rise by no
more than CPI for the next two financial
As well as regulating prices, Mr Hunter
said the government would offer a 30 per
cent concession to help customers strug-
gling with the cost of living.
"We want to support those South Austra-
lians who are doing it tough, which is why
State Government concessions for the com-
ing year will offer a minimum of $185 and
a maximum of $295 to those who meet the
criteria," he said.
"In addition, we have committed to in-
troducing a single concession payment
from July next year to simplify family
budgeting by providing all concession
payments for the year in one single pay-
Opposition Water spokeswoman Mi-
chelle Lensink said households were paying
for a government decision to increase the
size of the desalination plant at a cost of
She said the average household would
now pay almost $600 more each year for
water than they were in 2002, with Adelaide
having the highest capital city water charges
in the nation.
In determining the revenue cap for SA
Water, factors including the cost to deliver,
maintain and enhance the provision of wa-
ter and sewerage services were taken into
Details of 2014/15 water pricing can be
found by visiting sawater.com.au or by call-
ing 1300 650 950.
Bike track to reach Gawler
THE Jack Bobridge Track should con-
tinue from Anne Milroy Lane in the
Barossa to Lyndoch Road, in Gawler,
travelling along urban roads before
connecting with Gawler's own shared
path at Clonlea Park, a Gawler Council
committee has suggested.
Gawler Council's infrastructure and en-
vironmental services committee met last
week to discuss options for connecting the
Barossa Council's brand-new cycling and
walking track with the Gawler region, ulti-
mately decided upon two routes -- routes A
and B -- as the best option.
Route A is about 1.6 kilometres long and
would provide the necessary link between
the current track finishing point on Anne
Milroy Lane and the Gawler Council bor-
der, at the Lyndoch Road railway crossing.
At a cost of $500,000, the route has been
deemed "the safest option" by council staff
and would follow the existing railway line,
as opposed to Calton Road to the south.
Route B, at a cost of $20,000, then con-
tinues on from route A, making its way
along Gawler East urban roads, such as
Bright Street, before reconnecting with
Lyndoch Road outside Immanuel Lutheran
The 3.5-kilometre track would then
connect with the Gawler shared walking/
cycling path at Clonlea Park via Daly and
As The Bunyip reported at the time, com-
pletion of the 27-kilometre Jack Bobridge
Track was officially marked last month,
despite it ending 1200 metres short of the
Gawler boundary -- a link that was promot-
ed at the project's inception.
According to a Gawler Council report,
Barossa Council has been unable to com-
plete the connection to Gawler because of
cost overruns, caused by extra construction
costs associated with stormwater crossings
and land acquisitions.
"Mr Bice (Barossa Council works and
engineering director) further advised that
there were no funds available in the current
Barossa Council budget to complete the bi-
cycle/walking trail, but the Barossa Council
was open to further collaborative discus-
sions with the Town of Gawler to construct
this connection and other paths," the report
Gawler Council has currently allocated
$30,000 in the 2014/15 budget for formally
designing a link between the Jack Bobridge
Track and Gawler, with last week's com-
mittee recommending council also pursue
external funding opportunities with Barossa
Council and other stakeholders, for actual
Council's long-term goal, as recommend-
ed by the committee, would be to continue
the path from the Lyndoch Road crossing
down to Clonlea Park via the railway cor-
Barossa Mayor Brian Hurn o cially opened the Jack Bobridge Track late last month.
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