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VIEWIssue5/ Autumn 2008

Alluvion tower makes a grand entrance BHP Billiton recognises Broad’s safety culture

Contents

2/ Our people: our competitive edge

4/ Alluvion tower makes a grand entrance

7/ Broad trumps adversity to complete handover at Morisset

8/ Broad bids for QLD schools PPP

8/ Tollroad Control Centre underway in Brisbane

9/ HSE Focus

10/ PeopleProfile:DavidLewis

11/ BHP Billiton recognises Broad’s safety culture

11/ Broad shines on new DVD

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Since Broad’s inception in 1991, Kari (Broad’s Managing Director) and I have recognised that one of the key pillars of any great business’ success is the strength of its relationships with key stakeholders.

By Roger Lee, Director and Chief Financial Officer

Our people: our competitive edge

Broad has actively pursued and fostered strong relationships with valued clients, key suppliers, sub-contractors and consultants, and importantly, with its staff.

We are proud of the many clients that have chosen to use our services time and time again, and acknowledge their support and trust that Broad will deliver their projects well.

We also would not be where we are today if not for the support of key suppliers, sub-contractors and consultants who have worked with us over the years.

The other aspect of our success is just as crucial – our people.

Broad’s people are the reason why we have grown from a Perth-based company to a national, multi-disciplined organisation in the property and construction industry

operating in every major capital city in Australia with strong growth plans to continue to build the business within the various sectors of the market in which the company operates.

We recognise that while the company has excellent systems, processes and procedures,andfinancialdisciplinesinplace, we are greatly reliant on fantastic people within Broad going the extra mile in their day to day activities to set Broad apart from its peers.

We are acutely aware that in the current extreme labour climate, it is all the more important to make sure that all our staff remain engaged and committed to Broad and our business objectives.

To this end, we are getting together 70 of our current and future leaders in Broad for a Leaders Forum in Perth in April 2008. The purpose of this conference is to reinforce the vision of the company, and as a leadership group to ensure that the vision, direction and values of the company are not lost on anyone who calls Broad their company.

This exercise is being undertaken at asignificantcosttothecompany,butwe believe that it is a very important investment in the future of the company and our people.

As the company is spread geographically the length and breadth of this continent, it is imperative that we ensure our values of safety and well-being, professionalism, respect, perseverance and looking after our environment is not only shared by all Broad employees everywhere, but especially by its leaders.

By Roger Lee, Director and Chief Financial Officer 9 - 10 April

Perth, Western Australia

The 2008 Leaders Forum is an opportunity to:

discuss our exciting growth plans...

stimulate and exchange ideas…

share common experiences and knowledge…

affect change through better communication…

think outside the square…

unite as the leaders of one team.

Broad’s Leaders Forum is a very

important investment in the future

of the company and our people.

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This page: The concrete pour near completion.

Top right: Broad employees Nick Cater, Steve Richards, Siljan Stojkovski, a United Formwork sub-contractor and Chris Muir look on as the pour progresses.

Middle right: A line of concrete trucks along Mounts Bay Road.

Bottom right: Concrete being poured from one of the three pumps.

Alluvion tower makes a grand entrance

Project Manager Shane Young

At any one time there were up to

14 trucks carefully positioned along

Mounts Bay Road

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“Broad took its first major step to bring Alluvion, Mounts Bay Road’s newest commercial tower, out of the ground with a 12.5-hour, non-stop concrete pour on 16 February.

Project Manager Shane Young was on the Perth CBD site from dawn till dusk to ensure the massive undertaking went smoothly and wrote this account of the event.

Thedaystartedearlywiththefirstcrew

arrivingtosetupthetrafficcontrolat5am.

Mounts Bay Road is one of the busiest roads

in the Perth CBD and we were taking it down

from three lanes to one. This allowed us to

place three concrete pumps in front of the

site and the two adjacent buildings.

The pumps arrived at about 6am and that’s when the action started. In addition to the 50m boom pump and two line pumps on Mounts Bay Road, we also had another 43m boom pump inside the site being fed by one of the line pumps and a spare boom pump parked outside for backup.

In the dawn light the site team gathered for the pre-start meeting and you could tell everyone was eager to get things underway. A lot of planning had gone into the day and there were a few who didn’t get any sleep

the night before in anticipation of the task that lay ahead.

The concrete trucks started to roll in at 7am andtheshowfinallygotontheroad.Ourconcrete supplier, Boral, had assigned four of their closest plants to solely supply our 2,250 cubic metre raft slab pour. The largest concrete pour in Perth in decades requires a

fair amount of commitment from everyone involved and Boral certainly didn’t let us down, assigning 60 concrete trucks to the cause for the full 12½ hour duration. At any one time there were up to 14 trucks carefully positioned along Mounts Bay Road, either discharging into the pumps or ready to back upassoonasanothertruckhadfinished.

Keepingafreeflowinglaneoftrafficrunningpast the whole setup had its challenges but withseventrafficcontrollersonpatrol,the

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day went without a hiccup. The concrete poured with ease into the raft, which at some points was 3m deep.

The morale on site was boosted when workers saw the marquee and caterers arrive early to whip them up a cooked breakfast and a freshly brewed coffee. The 19 concreters, 12pumpoperators,sixsteelfixers,10carpenters and 30 odd other personnel on site rotated through the marquee, recharging themselvesastheraftslowlybegantofill.The caterers even hung around to cook a well deserved BBQ for all at lunch.

Health and safety was obviously a big focus on the day with the amount of activity going on. Being in the city, response times for ambulances are usually fairly good but we left

nothing to chance and had an ambulance and two paramedics stationed on site just in case.

As well as the guys and girls on site, managing the health and safety of the public, including the adjacent building tenants, was a huge priority and months of consultation and planning went into ensuring the best outcome for all on the day.

Photographers documented the action with one perched high on the Hilton’s rooftop like a sniper shooting frames every 15 seconds. A two-minute time lapse video of the 12.5 hour event has been stitched together and is now streaming from the Broad website at www.broad.com.au

As the day moved on, the pour slowly began tofinishoffandthe387thtruckofconcrete

was emptied into the raft at about 7:40pm. Not that the hard work was over though as then it was time for the clean up.

Three hours later the pumps were gone and strolling down Mounts Bay Road the next day you would never have known such a magnificentoperationhadunfoldedthedaybefore. But those who were involved could feel proud to have been part of it. It was a huge effort and Broad’s thanks went out to all.

Top left: View from site looking out to Mounts Bay Road.

Top middle: Reflectionofboompumpin adjacent building.

Top right: Broad HSE staff Ian Counsell, Brian Carlton and Jenny Jaksic carefully watch over the day’s events.

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Broad reached an important milestone in the construction programme for the new $20 million Morisset Shopping Centre on 7 April, handing over the 5,000 sqm retail floor and back of house facilities to Coles.

Coleswillnowundertakeitsfinalfit-outpriorto the opening of Stage 1 of the project in early May.

Despite the “wettest summer for 30 years” on the NSW east coast and the completion of more than $1 million in variations requested by Coles since Christmas, the Centre will still open within a week of the original date.

Coles’ new owners, Wesfarmers, decided late last year to change the layouts and visual presentation for all its new stores and this has involved the relocation at Morisset of fixedfridgesandfreezers,revisedcolourschemesandfinishes,serviceschangesandinstallation of additional high intensity lighting.

Many of the services had already been installed based on the previous design brief and a lot of rework had to be carried out in double shifts and with increased resources.

With considerable skill and a strong sense of humour, the Broad project team, led by StefanSzyczewandLewyTaylor,andagroupof very dedicated sub-contractors, achieved an outstanding result that looks set to take out yet another Master Builders Excellence in Construction Award (New South Wales has wonfiveawardsoverthelasttwoyears).

Stage 2 of the Morisset Shopping Centre, which incorporates a Target Country Store and numerous other retailers, will be complete in October 2008.

Broad NSW also has a $15 million shopping centre under construction in Kempsey on the mid-north coast and is about to start another $12 million centre in Taree, both supported byBroad’sNewcastleoffice.

Senior Project Manager, DCI Projects Michael Vallis, Project Manager Store Development - Coles Chris Reeves, Development ManagerMacquarieBankJamesDann,BroadProjectManagerStefanSzyczewandBroadNewcastleManagerTrevorNye.

Broad completes Coles handover at morisset Shopping Centre

Perspectives of Morisset Shopping Centre

Broad forms part of the Aspire consortium alongsideWoodhead(architecturaldesign),Scolarest(facilitiesmanagement),LeightonContractors and Commonwealth Bank (equity co-sponsors)whichisbiddingforthemasterplanning,design,construction,financingandprovisionofspecifiedfacilitiesmanagementservices for the project.

The project includes six primary schools and one high school, and will start staged constructioninMarch2009withthefirstthree schools expected to be operational by January 2010.

Broad’s strong track record in the delivery of education projects in Queensland will hold it in good stead as will its experience inenergyefficientdesign,useofsustainablebuilding materials and rainwater harvesting which addresses DETA’s focus on ecologically sustainable development.

In 2006, Broad designed and constructed the new academic and lecture theatre buildingatGriffithUniversityinQueensland.The project’s innovative design including thermal treatments that will deliver energy savings and water conservation, state of the art security and communications for the auditorium were also a key feature of the project.

In 2007, Broad was contracted to construct the $8 million School of Creative Arts for James Cook University at their Nathan campus. This staged project includes a new Visual Arts House, Gallery House, Digital Sound House and amenities building for the University. The project is progressing well and is due for completion in April 2008.

Broadalsoholdsasignificantshareoftheretail construction market in Queensland with major repeat clients such as ALDI, Woolworths, Coles, Harvey Norman and Bunnings keeping the team busy.

Broad started work in February on the $5.25 million Tollroad Control Centre which forms part of the North-South BypassTunnel(NSBT)projectforLeighton&BaulderstoneBilfingerBergerJointVenture(LBBJV)inBrisbane.TheNSBTisa$2 billion infrastructure project due to be completed late 2009.

The D&C contract was won through a competitive tender process and involves design and construction of a three-storey officeadministrationbuildingtocontroland monitor activities within the NSBT.

The NSBT starts its journey at Bowen Hills to the northern outskirts of Brisbane’s CBD district travelling south under the Brisbane River for approximately 5km then resurfaces around Woolloongabba to interchange with the Gold Coast M1 motorway and Ipswich Road.

The building, which will be owned and operated by River City Motorways, is a modern commercial design with high spec architecturalfinishesthroughout.

Being the primary control centre for the NSBT, the building has been designed with full redundancy capability to service and maintain control of tunnel operations in the unlikely event of major infrastructure failure.

The project team of Project Manager Peter Campbell, Site Manager Barry Western and Contracts Administrator Drew Blair has completed the design phase and the structure is now well underway. The project will be completed by end September 2008.

Broad bids for QLd schools PPP

Tollroad Control Centre underway in Brisbane

Broad is preparing to submit an Expression of Interest to the Queensland Department for Education, Training and the Arts (DETA) for the design and construct portion of the South East Queensland Schools Project. The project is a Public Private Partnership for a package of seven new schools.

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Broad started work in February on the $5.25 million Tollroad Control Centre which forms part of the North-South BypassTunnel(NSBT)projectforLeighton&BaulderstoneBilfingerBergerJointVenture(LBBJV)inBrisbane.TheNSBTisa$2 billion infrastructure project due to be completed late 2009.

The D&C contract was won through a competitive tender process and involves design and construction of a three-storey officeadministrationbuildingtocontroland monitor activities within the NSBT.

The NSBT starts its journey at Bowen Hills to the northern outskirts of Brisbane’s CBD district travelling south under the Brisbane River for approximately 5km then resurfaces around Woolloongabba to interchange with the Gold Coast M1 motorway and Ipswich Road.

The building, which will be owned and operated by River City Motorways, is a modern commercial design with high spec architecturalfinishesthroughout.

Being the primary control centre for the NSBT, the building has been designed with full redundancy capability to service and maintain control of tunnel operations in the unlikely event of major infrastructure failure.

The project team of Project Manager Peter Campbell, Site Manager Barry Western and Contracts Administrator Drew Blair has completed the design phase and the structure is now well underway. The project will be completed by end September 2008.

Broad employees and sub-contractors at the new ALDI store at Beenleigh, the new shopping centre at Morisset (near Newcastle)andtheGPORedevelopmentsite in Perth clearly demonstrated their commitment to working safely, managing high-risk activities and maintaining high standards necessary to achieve accreditation.

This is a great result and provides further recognition of Broad’s commitment to safety above all else.

The Building and Construction Industry Improvement Act 2005 provides for the establishment of an Occupational HealthandSafety(OHS)AccreditationScheme to apply to building and construction work funded by the Australian Government. To date, only 75 contractors across Australia have achieved OHS accreditation.

Subject to certain thresholds, only head contractors who are accredited under the scheme can enter into contracts for

building work that is funded directly or indirectly by the Australian Government.

The scheme enables the Government to useitsinfluenceasaclientandproviderof capital to improve the construction industry’s OHS performance. More information can be found at www.fsc.gov.au

Broad Construction Services’ operating companies in Queensland, NSW and WA have all recently achieved Federal OH&S accreditation.

Ian Counsell, Manager Corporate Services, explains: Achieving separate accreditation for all three operating companies was a two-stage assessment process comprising a desktop assessment of Broad’s national OH&S systems and on-site audits of projects in Queensland, NSW and WA.

HsE Focus

Perspective of the GPO Redevelopment

Morisset Shopping Centre under construction

“ “

I started in this industry as a labourer installing pipelines, manholes and culverts on a variety of sites. After experiencing the prevalent attitude of “she’ll be right mate, just get it done”, I decided on a new career path andtrainedtoobtainqualificationsinworkplace health and safety.

IjoinedBroad’sBrisbaneofficeinOctober 2007 as its HSE Manager, part of Broad’s network of HSE professionals in each state.

My role is to continue developing the safety culture at our construction sites which places safety and well-being above all else. I found Broad’s senior management to be committed to this philosophy (not only in words but in actions),andhasalwayssupportedmeto ensure we always work safely and that no-one is placed at risk.

I also see my role as providing staff with support, tools and systems that make it easier to have a safe site than an unsafe site, and to help eliminate injury to workers on site.

Convincing our construction team thatsafetyistheirfirstpriorityis sometimes a challenge as past experience in other construction companies may have tended towards ‘productivityfirst,safetysecond’.However, site staff are becoming increasingly safety-focused as I am now seeing suggestions for safety improvements coming through and more involvement in HSE initiatives from them.

My day consists of visiting work sites, identifyinghazards,discussingcontrolmethods with workers and providing them with guidance. It’s then back to theofficetodevelopproceduresandpractices that will enable us to work safely.

Looking forward, I foresee the construction industry undergoing substantial change with the introduction of legislation regarding industrial manslaughter and prosecutions currently pending. I am seeing real commitment to safety from the larger businesses, and expect this safetycommitmenttofilterdowntothe smaller sub-contractors and their workers.

Outside work, I have three boys who all play rugby league on Saturdays. I’m a verykeenfishermanandlovetochasemackerel and snapper in my 5.5m Seafarer Viking. I’ve just returned to motorbike riding after 30 years absence with the recent purchase of a BMW K1200R motorbike with all the latestsafetygear(ofcourse)!

People Profile:

David Lewis HSE manager QLD

My role is to continue

developing the

safety culture at our

construction sites which

places safety and

well-being above all else.

I started in this industry as a labourer installing pipelines, manholes and culverts on a variety of sites. After experiencing the prevalent attitude of “she’ll be right mate, just get it done”, I decided on a new career path andtrainedtoobtainqualificationsinworkplace health and safety.

IjoinedBroad’sBrisbaneofficeinOctober 2007 as its HSE Manager, part of Broad’s network of HSE professionals in each state.

My role is to continue developing the safety culture at our construction sites which places safety and well-being above all else. I found Broad’s senior management to be committed to this philosophy (not only in words but in actions),andhasalwayssupportedmeto ensure we always work safely and that no-one is placed at risk.

I also see my role as providing staff with support, tools and systems that make it easier to have a safe site than an unsafe site, and to help eliminate injury to workers on site.

Convincing our construction team thatsafetyistheirfirstpriorityis sometimes a challenge as past experience in other construction companies may have tended towards ‘productivityfirst,safetysecond’.However, site staff are becoming increasingly safety-focused as I am now seeing suggestions for safety improvements coming through and more involvement in HSE initiatives from them.

My day consists of visiting work sites, identifyinghazards,discussingcontrolmethods with workers and providing them with guidance. It’s then back to theofficetodevelopproceduresandpractices that will enable us to work safely.

Looking forward, I foresee the construction industry undergoing substantial change with the introduction of legislation regarding industrial manslaughter and prosecutions currently pending. I am seeing real commitment to safety from the larger businesses, and expect this safetycommitmenttofilterdowntothe smaller sub-contractors and their workers.

Outside work, I have three boys who all play rugby league on Saturdays. I’m a verykeenfishermanandlovetochasemackerel and snapper in my 5.5m Seafarer Viking. I’ve just returned to motorbike riding after 30 years absence with the recent purchase of a BMW K1200R motorbike with all the latestsafetygear(ofcourse)!

Broad Group Holdings Pty Ltd ı Corporate Profile

Broad’s St Cecilia’s site team in Port Hedland are to be congratulated after receiving a Safety Award from client BHP Billiton in February in recognition of 12 months without a Lost Time Injury (11,932mandays).

BHP Billiton Manager Accommodation Projects, Andrea Carling, presented the award to Project Manager Brian Dean in late February who congratulated all staff “on a job well done and a major achievement secured.”

In recognition of the event, BHP Billiton hosted a barbecue for the St Cecilia’s team, and also provided a tour of their Port Hedland iron ore processing facilities.

BHP Billiton recognises Broad’s safety culture

Broad’s outstanding new Corporate ProfileDVDhasbeenreleasedandisnow streaming directly from the Broad website at www.broad.com.au.

FootageforthefirstclassproductionwasshotbyaprofessionalfilmcrewwhotravelledtoBroadsitesandofficesinPerth, Sydney, Newcastle, Brisbane and the Gold Coast late last year.

Interviews with Broad management and site staff, as well as a few of our valued clients, form the backbone of

the production along with seamless footage of current and completed projects demonstrating Broad’s depth of experience and the range of sectors in which we work.

If you would like to be sent a copy of Broad’sCorporateProfileDVD,pleasecontact National Communications Manager Jo Thierfelder on (08)92287764oremail: jo.thierfelder@broad.com.au

Broad shines on new DVD

Broad Group Holdings Pty Ltd ı Corporate Profile

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Perth, Western Australia HeadOffice

Level 1, 18 - 32 Parliament Place West Perth, WA 6005

Locked Bag 4 West Perth BC WA 6872

T:(08)92287777F:(08)92287700

Chatswood, New South Wales

Tower 1, Level 10 495 Victoria Avenue, Chatswood, NSW 2067

PO Box 497, Chatswood NSW 2057

T:(02)94146300F:(02)94146366

Newcastle, New South Wales

Unit 6 Channel Corporate Centre 8ChannelRoad,MayfieldWest NSW 2304

Po Box 227, Hunter Region MC NSW 2310

T:(02)49262122F:(02)49264297

www.broad.com.au

Melbourne, Victoria

Level 3, 22 Albert Rd, South Melbourne VIC 3205

T:(03)96740310F:(03)96740311

Brisbane, Queensland

Oce House Level 3, 50 McDougall St Milton, QLD 4064

PO Box 2121, Milton BC 4064

T:(07)35146100F:(07)33673612

Gold Coast, Queensland

Level 1, 11B, 47 Ashmore Rd Bundall, QLD 4217

PO Box 8525, Gold Coast MC 9726

T:(07)55924477F:(07)55924577

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