Editor's message (2/4)

13 May 2009,


BRISBANE is shooting ahead.
The publicly listed Arrow Energy is on target to achieve 400 per cent growth within the next five years.
In this issue we track down the company’s CEO Shaun Scott, who discusses how the failed Pure Energy bid worked to the company’s benefit and how a ‘can do’ spirit is moving Arrow forward.
Also on the cusp of big things is Brisbane Racing Club. Kevin Dixon talks up an ambitious $1.2 billion development with the potential to create thousands of jobs while redefining an icon.
The CitySmart Innovation Festival is kicking off this month in Brisbane. But there are challenges ahead for venture capital.Economic efficiency can be rapidly improved by new ideas but the risk of venturing into the unknown poses challenges – but that’s entrepreneurship for you.
We talk to two industry experts about an urgent need for government support in venture capital-raising and what advice early stage companies ought to take. At the coalface of innovation, GBI Mining Intelligence CEO Graham Lumley, tells how his company provides vital data for mining companies. Progen Pharmaceuticals CEO Justus Homburg discusses a new epigenetic technology that has the potential to switch off cancerous genes.
While Progen looks to the future, so too do financial planning and superannuation experts who give their advice in a market that has seen asset values slashed.
The general consensus is to devise a long-term strategy; that there should be no real difference eventually between industry or retail funds; and that now is a more important time than ever to select the super plan that works for you.
Others are looking to the past to find their feet. McCullough Robertson partner Scott Butler has seen too many businesses forced into insolvency when they could have survived. He is urging for reforms in insolvency legislation.
This month’s Young Entrepreneur is Prop House founder Jano Dawes. The ambitious 39-year-old reflects on how there has never been a mountain too high. In other news, BrisConnections chairman Trevor Rowe is putting the Nicholas Bolton dramas behind him to ramp up the next stage of the $4.8 billion toll road project.
And from tobacco farmer to treasurer and now a chairman of several companies, Keith De Lacy discusses leadership and how hard-earned respect and putting his head down took him a long way in his life and career.
Meanwhile the Brisbane Racing Club’s $1.2 billion project promises a more successful and vibrant racing industry.
You can mention the ‘R’ word as much as you like, but that’s not stopping Brisbane as it races ahead with leadership, innovation, infrastructure and entrepreneurship to help bolster growth.
Camilla Westerlund





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