Westpac Institutional Bank is the Novacare Consortium Leader
Novacare Solutions Partnership (Novacare) is the name for two Special Purpose Entities that make up the contracting parties with the NSW State Government for the Mater Hospital Redevelopment Public Private Partnership (“PPP”). |
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Novacare is responsible for managing the PPP Project, subcontracting the various aspect of the construction and service delivery to specialist organisations, experts in their fields.
Abigroup Contractors are subcontracted to design and construct the hospital redevelopment, Medirest Australia are subcontracted to provide soft services such as cleaning, catering, materials management and security. Honeywell are subcontracted to provide hard services such as building maintenance, supply of utility services, and grounds and gardens maintenance.
Your Novacare Team
Michael Page - General Manager - Novacare
Michael Page has over 25 years’ experience in the development, project management and construction industry and has a reputation for successfully managing major complex projects.
Michael currently acts as the Project Director and owners’ representative for the Westpac Office Trust which includes the development of the new $670 million Westpac Head Office at Kent Street, Sydney. Michael brings to Westpac and Novacare extensive industry and project experience in delivery of major projects. Michael has a broad range of responsibilities with Westpac. These include managing the total development process for the delivery of property-related assets. Michael was intimately involved in negotiating and forming the Novacare Consortium for NSW Health’s first PPP, being this $180 million Mater Hospital redevelopment, as well as being the General Manager and Project Director for Westpac for the Bonnyrigg Living Communities Project (Social Housing PPP).
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Scott Lusted - Senior Project Manager
Scott Lusted is Novacare’s onsite representative is and looks after the day-to-day operations. Scott’s background is in construction, real estate and property development.
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Shane Maloney - Contract Administrator
Shane is a new member of the Novacare team has extensive experience in contract administration, most recently in managing works and repairs after the 2007 June long weekend storms
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Westpac Essential Services Trust (WEST) is a registered managed investment scheme funds assets that deliver essential public services via Public Private Partnerships (PPP).
WEST holds 100% of the equity in the Mater Hospital Redevelopment PPP.
The “Responsible Entity” for WEST is Westpac Funds Management Limited (WFML), a wholly owned subsidiary of Westpac Banking Corporation. WFML has more than $3.4 billion of funds under management.
WEST’s other investments are:
- Airport Link Company Pty Ltd (ALC) - ALC has the exclusive right, granted from RailCorp, to operate the stations at Green Square, Mascot, Sydney Domestic and Sydney International Terminals until 20 May 2030.
- Bonnyrigg Living Communities Project (Bonnyrigg), a social housing PPP in Western Sydney. Bonnyrigg is the first of the Living Communities Program, a $500m program to renew and strengthen communities in high-need Public Housing estates in NSW.
For further information on WEST, please contact Sean Glover, Media Relations. Telephone (02) 8254 8408 or click HERE
Committed to corporate responsibility
Westpac’s commitment to corporate responsibility is a simple one. It is about doing the right thing; behaving in a responsible, ethical and trustworthy manner; acknowledging our major impact on society and accountability to our stakeholders.
This means conducting our business in a way that meets social, environmental and economic responsibilities in an appropriately balanced way.
Westpac is the only Australian bank to commit to the Equator Principles, a voluntary set of guidelines which have been developed for managing social and environmental issues relating to the financing of projects.
Your local Westpac contact
Whether you're buying a home, renovating, refinancing, building or investing, Westpac can help. You can save money and the environment with one of our home, investment or equity loans.
Jenny Smith is your local Westpac Home and Investment Finance Manager for New Lambton and Hamilton. Speak to Jenny 7 days a week on 0417 275 521 to discuss selecting the right loan with the features and flexibility to meet your needs.
For more details, visit Westpac’s online Home Loan and Personal Loan centres. |
