Release type: Transcript

Date:

Doorstop at Daily Dough Co, Central Coast

Ministers:

The Hon Stuart Robert MP
Minister for Employment, Workforce, Skills, Small and Family Business

E&OE-------------------------------------

LUCY WICKS:

It’s not every day you get to bring a cabinet minister to the Central Coast for the sole purpose of trying one of the world’s best doughnuts. Emma, I was so inspired to hear your story. 19 years of age, you’re already employing 38 staff here at Terrigal and Wyong, making the world’s best doughnuts. Tell us your story. You started during COVID.

EMMA PEAT:

I started this business when I was 18 years old, just turning 19. I’m still 19 now, and now I have two shops, one at Wyong and one at Terrigal. We make the best doughnuts in the world, thank you. And we also make dessert boxes, doughnut bouquets. We literally can make you anything out of doughnut. And we have such a passion for fresh doughnuts.

LUCY WICKS:

That's great. Stu, so, what do you reckon? You know, you're the Minister for Small and Family Business. This is a great example of a small family business here on the Central Coast?

MINISTER ROBERT:

Yeah, thanks, Lucy. It's great to be here and thanks for all the work you do, the hardest working representative on the Central Coast. Emma, what an amazing story. 19 years old, just chatting with your dad and your brother, who've done a lot of the shop fit-out and construction. In the middle of COVID making doughnuts in your kitchen, now two stores. Over 2000 doughnuts will come out of here a day, and employing 38 staff, including lovely Paris who you were at school with.

EMMA PEAT:

Yes, I was.

MINISTER ROBERT:

Which is an extraordinary story. And it's a story of small business. And it's exactly what the Morrison Government is backing in this budget. Not only is there $2.7 billion in terms of apprenticeships, another half a billion dollars in terms of JobTrainer to skill up Australian, the tax rate for small business is dropping to 25 per cent from the 1st of July. We're seeing small business able to depreciate every single bit of your shop footing, all of your kitchens, all of your bakeries, all of your ovens, depreciating in one go through our asset depreciation. And of course, whilst you’re a new business, if you’re older, you could have a loss carry-back.

There’s an enormous amount in the budget to back in small business. Lucy, thanks for all your work you’re doing in small business and how you’re helping small business grow. And Emma, your business is just a wonderful example of what Australians can do. We are so proud of you and I'm looking forward to having a doughnut.

EMMA PEAT:

Thank you so much. Thank you for coming.

REPORTER:

And the Central Coast still has on average more unemployment than the rest of the country. Is there something specific that can be done for the Central Coast to bring it up in line to the rest of the country?

MINISTER ROBERT:

I've just been meeting with all of Central Coast’s business leaders through the New South Wales Business Chamber this morning, talking through that very issue with Lucy. And Lucy brought them together, and all of her hard work is really moving the dial on that. And just been chatting to Beau at the surf shop as well just down the road. The budget's got about $4 billion in terms of skilling Australians and how we get as many Australians into work as possible. There's a lot of jobs here in the Central Coast, so how about we motivate and encourage and skill and train young Australians into those jobs. And that's where $4 billion in apprenticeships, in JobTrainer and other incentives is really going to turn the dial for Central Coast.

REPORTER:

There’s been a new education precinct just announced by the state government in Mann Street. Is there anything from the Federal Government on that?

MINISTER ROBERT:

Lucy?

LUCY WICKS:

Yeah, I'm very happy to answer that. So, two years ago, in April 2019, we gave it $18 million in partnership with University of Newcastle’s $18 million commitment to build a multi-university campus in Gosford. It's a really great next step, building on top of the $85 million that we've already invested in the Central Coast Medical School and Medical Research Institute. That is being built. It’s on top of the carpark next to the hospital. I'm proud to say that students will be starting at that university- the first medical students will be starting in July. It's extraordinary to see what a game changer that already is for the Central Coast. So, I'm looking forward to seeing phase two, that health and innovation precinct. Construction underway, working [indistinct] as soon as possible. But as I said, $36 million has been on the table, a partnership between the Federal Government and the University since April 2019.

REPORTER:

Thank you. Emma, what was the biggest challenging in opening a business like this? Tell us a little bit about the challenges and what would you encourage other people like yourself to have a business?

EMMA PEAT:

I believe that every day is a different challenge. But it's just purely I have a lot of passion for my business. And my thing I’m most proud of is my staff and having the staff I do have. And the staff I have are amazing people. So, I love being a part of the team that I have great created essentially.

But the hardest part, I mean, I suppose I couldn't pinpoint the biggest challenge as every single day is still something new to me. Like, there’s constantly new things that come up and I'm like, I don't really know, but I suppose I am expected to know. So, I just have to really trust myself. And with the support of my family, we just get through any challenge that comes. And especially having really good staff really helps me get through the challenges. But, I suppose if my mixer breaks, like my dough mixer in the morning breaks, it’s a bit of a challenge. But it has happened and we still open on time. So, I think every day is a challenge, but if you have the passion and drive anyone can do it, and I really, really love the life that I’ve created for myself and my whole team. It’s just such a good environment. And I really appreciate your support. And yeah, I think if you have a passion, just go for it.

MINISTER ROBERT:

This is a great success story. This is one of 16,600 small businesses here, Lucy, in the electorate of Robertson. The businesses you've been supporting, you've been advocating for. Over 5600 of those businesses had JobKeeper during COVID and it's been tough. And a lot of businesses are still recovering. 22,000 of your residents received JobKeeper as part of those. 5500 business, Lucy, that you advocated for. But $202 million in the cash flow boost all about helping our businesses grow. And this is what the federal government's budget is all about. It has been difficult. It's been a hard 12 months for so many of us in so many areas. And this budget is designed to allow businesses to recover and grow.

And here at the Daily Dough Co, Emma, you are just showing what a real inspiration can do and how businesses can grow on the back of the budget. And we are so proud of you.

LUCY WICKS:

We really are.

MINISTER ROBERT:

Fabulous. Now it’s time to have some doughnuts!