27.07.2018 Views

Bay of Plenty Business News July/August 2018

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This new publication reflects the region’s growth and importance as part of the wider central North Island economy.

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This new publication reflects the region’s growth and importance as part of the wider central North Island economy.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Bay</strong> <strong>of</strong> plenty<br />

JULY/AUGUST <strong>2018</strong> VOLUME 3: ISSUE 6 WWW.BOPBUSINESSNEWS.CO.NZ FACEBOOK.COM/BOPBUSINESSNEWS<br />

The<br />

Groundswell<br />

effect<br />

Enthusiastic participants at the Start-up Weekend event during<br />

last year’s inaugural Groundswell Festival <strong>of</strong> Innovation.<br />

Photo/Richard Robinson Photography.<br />

Leading technology and business experts<br />

will illuminate the key challenges <strong>of</strong> digital<br />

transition during Tauranga’s second annual<br />

week-long festival <strong>of</strong> innovation.<br />

By DAVID PORTER<br />

The inaugural Groundswell<br />

Festival <strong>of</strong> Innovation<br />

in 2017 proved there<br />

are hundreds <strong>of</strong> innovators in<br />

Tauranga and the <strong>Bay</strong> creating<br />

remarkable products and services.<br />

And that they are more<br />

than willing to share their<br />

knowledge.<br />

This year’s festival - which<br />

will run from 27 <strong>August</strong>-2<br />

September - is poised to build<br />

on that momentum, say the<br />

organisers and innovators taking<br />

part in what many believe<br />

will become an even bigger<br />

regular event on the city’s calendar.<br />

“What’s really special<br />

about Groundswell is the<br />

incredibly positive and collaborative<br />

atmosphere you<br />

experience at each event,” said<br />

Nigel Tutt, chief executive <strong>of</strong><br />

Priority One, which initiated<br />

Groundswell.<br />

“Everyone who attends<br />

is genuinely interested and<br />

engaged, and it’s really<br />

encouraging to hear so many<br />

stories <strong>of</strong> innovation taking<br />

place across a diverse range<br />

<strong>of</strong> contexts. Not all businesses<br />

are innovation-led, nor do<br />

they have to be. But change is<br />

inevitable, and it never hurts<br />

to listen to others and hear<br />

thought-provoking stories<br />

<strong>of</strong> what is happening right<br />

now - and what is possible in<br />

the future.”<br />

Groundswell features a<br />

range <strong>of</strong> events from digital<br />

technology and clean tech, to<br />

fashion and textiles, to social<br />

and educational innovation, all<br />

featuring leading tech innovators.<br />

All events sold out last<br />

year, with attendance across<br />

Isuru Fernando, IBM NZ<br />

the week reaching 5000, and<br />

the organisers are expecting an<br />

even bigger turnout this year.<br />

(see pages 8-9 for full details<br />

<strong>of</strong> what’s on).<br />

Jodie Tipping, the chair<br />

and founder <strong>of</strong> co-sponsor<br />

Cucumber, who is on the<br />

Groundswell organising committee,<br />

told <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong> there were<br />

many exciting things happening<br />

on the innovation front.<br />

“But it was getting to a<br />

point a couple <strong>of</strong> years ago that<br />

you just weren’t hearing about<br />

them and that’s why we developed<br />

Groundswell,” she said.<br />

Russell Craig, Micros<strong>of</strong>t NZ<br />

“My personal ultimate goal<br />

would be to see Groundswell<br />

become a movement <strong>of</strong> its own<br />

and not just a one-<strong>of</strong>f festival,<br />

because innovation touches so<br />

many different organisations.<br />

“It’s not just tech or whatever,<br />

it’s very broad. The more<br />

we can create a community<br />

and awareness <strong>of</strong> things that<br />

are happening, the better it will<br />

be for our community.”<br />

Managing digital<br />

transformation<br />

One <strong>of</strong> the key challenges -<br />

especially for many <strong>of</strong> the<br />

small-to-medium enterprises<br />

(SMEs) that make up the great<br />

majority <strong>of</strong> business activity<br />

in New Zealand - is the sheer<br />

pace and scale <strong>of</strong> the digital<br />

transformation that has taken<br />

Groundswell<br />

Check out the full<br />

programme <strong>of</strong> events.<br />

P9<br />

New fund<br />

Enterprise Angels plan to<br />

enter impact investing sector.<br />

P10<br />

special feature<br />

Workplace Health & Safety <strong>of</strong><br />

increasing concern.<br />

P19<br />

place in recent years.<br />

Liz Maguire, head <strong>of</strong> digital<br />

transformation for ANZ,<br />

who will be speaking at<br />

Continued page 3


MC9192A BUS <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> FP ad V3.indd 1<br />

17/07/18 11:52 AM<br />

2 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

We’ll keep your<br />

business online,<br />

all the time<br />

If your business broadband happens to go<br />

down, we’ll add 50GB <strong>of</strong> free data to your<br />

mobile to see you through<br />

To find out how 2degrees can help<br />

your business contact Andy Bell<br />

on 022 200 0256<br />

MC9192A<br />

Each data allocation available for 5 days. Mobile on 2degrees only. See 2degrees.nz/broadband for full T&Cs.


The Groundswell effect<br />

From page 1<br />

Groundswell, said that companies<br />

had to be across new technologies<br />

and work out whether<br />

they were going to be valuable<br />

to them.<br />

“One <strong>of</strong> the big quandaries<br />

we have in our world is how do<br />

you tell if something is a trend<br />

or a fad,” she said.<br />

“The fundamental reality<br />

is that people do not change<br />

their behaviour and adopt new<br />

technology unless there is<br />

something better about it for<br />

them. For the vast majority <strong>of</strong><br />

people, there has to be a reason<br />

why you are going to use it.”<br />

As Isuru Fernando, IBM<br />

New Zealand analytics & AI<br />

leader, told <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong>: “Disruption is<br />

all around us – with examples<br />

like Uber and Airbnb – companies<br />

that have reinvented business<br />

models.”<br />

Liz Maguire<br />

One <strong>of</strong> the big<br />

quandaries we have<br />

in our world is how do<br />

you tell if something is<br />

a trend or a fad.<br />

– Liz Maguire, ANZ<br />

The challenge that<br />

people - particularly<br />

in smaller businesses<br />

or non-commercial<br />

organisations - face<br />

at the moment is how<br />

to make the right<br />

choices.<br />

– Russell Craig,<br />

Micros<strong>of</strong>t NZ<br />

Disruptive technologies such<br />

as Artificial Intelligence (AI),<br />

Internet <strong>of</strong> Things (IoT), or<br />

Blockchain were no longer the<br />

sole domain <strong>of</strong> large companies<br />

with big budgets, he added.<br />

“We are seeing many<br />

small-to-medium organisations<br />

right here in New<br />

Zealand making use <strong>of</strong> these<br />

technologies to power their<br />

ideas. They are able to start<br />

small, experiment and then<br />

build out the ideas that work,<br />

quickly and easily.”<br />

Fernando said IBM NZ<br />

was partnering with great local<br />

organisations and startups that<br />

were exporting their products<br />

and services all over the world.<br />

“And what is also interesting<br />

is that the large incumbent<br />

organisations in New Zealand<br />

are thinking like startups,”<br />

he said.<br />

“They are structuring their<br />

innovation teams to resemble<br />

those <strong>of</strong> small organisations<br />

and making a comeback by<br />

building platform business<br />

models using all <strong>of</strong> the data<br />

available to them, and turning<br />

it into insight. And they’re<br />

adopting Agile methodologies,<br />

using it as an innovation<br />

engine for business transformation<br />

and employing new<br />

ways <strong>of</strong> working to foster<br />

speed-to-market and competitive<br />

advantage.”<br />

Russell Craig, Micros<strong>of</strong>t<br />

NZ’s national technology<br />

<strong>of</strong>ficer, said that globally there<br />

was an incredible phenomenon<br />

<strong>of</strong> acceleration in the tech<br />

sector.<br />

“It’s very hard for everyone<br />

to keep up,” said Craig.<br />

“The challenge that people<br />

- particularly in smaller<br />

businesses - or non-commercial<br />

organisations, face at the<br />

moment is how to make the<br />

right choices.<br />

“The first challenge is trying<br />

to wrap your head as an<br />

organisation around what’s<br />

actually happening in this<br />

area <strong>of</strong> digital transformation,<br />

because in many ways it’s<br />

quite an abstract concept.<br />

“At the same time, most<br />

people are alert to some <strong>of</strong> the<br />

more obvious sweeping changes<br />

that are taking place. Look<br />

at the retail shelf space and<br />

the phenomenon <strong>of</strong> Amazon<br />

there.”<br />

Retailers were already facing<br />

the challenge with online<br />

shopping, and the media had<br />

been dealing with it, he said.<br />

“That’s going to extend<br />

to all our businesses in New<br />

Zealand eventually, no matter<br />

what industry they are in.”<br />

First find the relevance<br />

Craig said technology came<br />

second in terms <strong>of</strong> making the<br />

right choices.<br />

BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 3<br />

“First you need to understand<br />

how technology could<br />

be relevant to your business<br />

to help you change for the<br />

future,” he said.<br />

“It’s important to try and<br />

make things real at the local<br />

level. For example, with<br />

Airbnb, local businesses need<br />

to ask themselves what it is<br />

that consumers like about it.<br />

It’s the flexibility and convenience.<br />

If you’re a local motelier,<br />

how can you use digital to<br />

somehow match that customer<br />

experience <strong>of</strong> finding somewhere<br />

to stay? That’s all it’s<br />

really about.”<br />

Craig said one <strong>of</strong> the<br />

things he’d be talking about<br />

at Groundswell was trying to<br />

frame up the idea <strong>of</strong> digital<br />

transformation.<br />

“What does it mean from<br />

a global perspective? What’s<br />

happening in the technology<br />

sector, with particular relevance<br />

on the impact <strong>of</strong> technologies<br />

such as AI, machine learning,<br />

big data and analytics?<br />

“And obviously cloud<br />

computing, the technology<br />

platform that can enable any<br />

business from a local plumber<br />

We are seeing many<br />

small-to-medium<br />

organisations right<br />

here in New Zealand<br />

making use <strong>of</strong> these<br />

[disruptive new]<br />

technologies to power<br />

their ideas.<br />

– Isuru Fernando,<br />

IBM NZ<br />

The more we can<br />

create a community<br />

and awareness<br />

<strong>of</strong> things that are<br />

happening, the better<br />

it will be for our<br />

community.<br />

– Jodie Tipping,<br />

Cucumber<br />

Jodie Tipping<br />

through to Micros<strong>of</strong>t’s justannounced<br />

strategic deal with<br />

Walmart. Why did they partner<br />

with us? Because they need to<br />

compete against Amazon.”<br />

ANZ’s Liz Maguire said<br />

everybody was looking at how<br />

to handle the impact <strong>of</strong> digital<br />

transformation. She noted that<br />

the scale <strong>of</strong> change could be<br />

easily seen in the banking sector,<br />

with less than two percent<br />

<strong>of</strong> payments now happening in<br />

a bank branch these days.<br />

“There are amazing pockets<br />

<strong>of</strong> innovation in the country,”<br />

she said.<br />

“But my sense <strong>of</strong> it is that<br />

there’s a worrying amount <strong>of</strong><br />

companies that haven’t done<br />

as much as they should have.<br />

I think there’s much more that<br />

could be done.”<br />

Maguire said there was a<br />

need to address the practical<br />

issues.<br />

“There’s lots <strong>of</strong> theory,<br />

there are lots <strong>of</strong> academic<br />

models. But the thing for<br />

many companies is, ‘where do<br />

I start? How do I get my board<br />

across this? How do I really<br />

understand whether what I’m<br />

doing is good for our customers?<br />

I’ve got 101 things to do,<br />

so how do I really know which<br />

ones are important’.”<br />

Cucumber’s Jodie Tipping<br />

said that in both larger and<br />

smaller business there were<br />

people who are scared <strong>of</strong> technology.<br />

“They don’t really know<br />

what to do and what not to do,<br />

and I don’t think it’s just in the<br />

small business space,” she said.<br />

“We advocate ‘little and<br />

<strong>of</strong>ten’ - don’t be scared to try<br />

things. We work with organisations<br />

to understand what their<br />

customers are doing, to make<br />

sure they’re applying the right<br />

technology for the business<br />

they’re in.<br />

“Groundswell is an opportunity<br />

for the community to<br />

actually create what they want<br />

Tauranga and the region to be,<br />

rather than waiting for things<br />

to happen. I really hope it<br />

gains momentum.”<br />

Priority One’s Nigel Tutt<br />

said the organisers were excited<br />

about the breadth and depth<br />

that had emerged for this<br />

year’s event.<br />

“The Tauranga Art Gallery<br />

and Toi Ohomai School<br />

<strong>of</strong> Creative Industries will<br />

be alongside the likes <strong>of</strong><br />

PowerSmart, Cucumber and<br />

Google’s leading education<br />

expert,” he said.<br />

“Bringing people together<br />

to create unexpected connections<br />

and have meaningful<br />

conversations is a big part <strong>of</strong><br />

the festival - it’s how ideas like<br />

Groundswell came about and<br />

who knows what will come out<br />

<strong>of</strong> this year’s festival?”


4 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

CONTACT<br />

INFORMATION<br />

PUBLISHER<br />

Alan Neben<br />

Ph: (07) 838 1333 Mob: 021 733 536<br />

Email: alan@nmmedia.co.nz<br />

SALES DIRECTOR<br />

Deidre Morris<br />

Ph: (07) 838 1333 Mob: 027 228 8442<br />

Email: deidre@nmmedia.co.nz<br />

EDITOR<br />

David Porter<br />

Mob: 021 884 858<br />

Email: david@nmmedia.co.nz<br />

STUDIO MANAGER<br />

Tania Hogg<br />

Ph: (07) 838 1333<br />

Email: production@nmmedia.co.nz<br />

GRAPHIC DESIGNER<br />

Kelly Milne<br />

Ph: (07) 838 1333<br />

Email: kelly@nmmedia.co.nz<br />

ADVERTISING<br />

INQUIRIES<br />

Please contact:<br />

ACCOUNT DIRECTOR<br />

Vanessa Lee<br />

Mob: 021 715 225<br />

Email: vanessa@nmmedia.co.nz<br />

BUSINESS DIRECTOR<br />

Pete Wales<br />

Mob: 022 495 9248<br />

Email: pete@nmmedia.co.nz<br />

ELECTRONIC<br />

FORWARDING<br />

EDITORIAL:<br />

<strong>News</strong> releases/Photos/Letters:<br />

david@nmmedia.co.nz<br />

PRODUCTION:<br />

Copy/Pro<strong>of</strong>s:<br />

production@nmmedia.co.nz<br />

SUBSCRIPTIONS:<br />

info@nmmedia.co.nz<br />

Neben Morris Media specialises<br />

in business publishing,<br />

advertising, design and print<br />

media services.<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> has<br />

a circulation <strong>of</strong> 8000, distributed<br />

throughout <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> between<br />

Waihi and Opotiki including<br />

Rotorua and Taupo, and to a<br />

subscription base.<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong><br />

Suite 4, 117 Willow Street<br />

Tauranga, 3110<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

www.bopbusinessnews.co.nz<br />

12 Mill Street, Hamilton<br />

PO Box 1425, Hamilton, 3240<br />

Ph: (07) 838 1333<br />

Fax: (07) 838 2807<br />

www.nmmedia.co.nz<br />

From the editor<br />

This month <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong> is giving<br />

a major heads-up to<br />

the Groundswell Festival <strong>of</strong><br />

Innovation. The enthusiasm<br />

for the concept was evident<br />

at the inaugural festival last<br />

year, which sold out, with total<br />

attendance at events across the<br />

week reaching well into the<br />

thousands.<br />

Groundswell this year will<br />

feature an even more diverse<br />

range <strong>of</strong> events from digital<br />

technology and clean tech, to<br />

fashion and textiles, to social<br />

and educational innovation, all<br />

featuring leading tech innovators<br />

from the <strong>Bay</strong> and across<br />

the country.<br />

As anybody involved with<br />

the <strong>Bay</strong>’s business community<br />

knows, this is a highly<br />

innovative and collaborative<br />

community that is willing to<br />

share and encourage ideas.<br />

This year’s festival - which<br />

will run from 27 <strong>August</strong>-2<br />

September - is poised to build<br />

on the momentum that’s been<br />

built up. And, as is made clear<br />

in our cover story, innovation<br />

isn’t just for the tech minded<br />

- new technologies such as<br />

Artificial Intelligence, Internet<br />

<strong>of</strong> Things and cloud computing<br />

- touch all <strong>of</strong> our lives and<br />

continue to expand their reach<br />

into the lives <strong>of</strong> consumers<br />

and businesses. Make sure you<br />

take advantage <strong>of</strong> the range <strong>of</strong><br />

Groundswell events that will<br />

be on <strong>of</strong>fer.<br />

In another new development,<br />

early stage funding<br />

group Enterprise Angels has<br />

given <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong><br />

<strong>News</strong> insights into its plans to<br />

launch an approximately $15-<br />

$20 million fund that will be<br />

the region’s first example <strong>of</strong><br />

impact investing. The group is<br />

in talks with major trusts and<br />

commercial investors across<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> and Waikato<br />

to support the initiative and<br />

hopes to get it up and running<br />

by early next year.<br />

Impact investing refers<br />

to investments aimed at generating<br />

a measurable, beneficial<br />

social or environmental impact<br />

Writer Richard Rennie interviewing Ap<strong>of</strong>ruit technical<br />

manager Marco Mastroleo in Lazio, Italy. Photo/Supplied.<br />

David Porter<br />

alongside a financial return<br />

and is attracting significant<br />

growth in the philanthropic<br />

sectors worldwide. Enterprise<br />

Angels has been talking to the<br />

managers <strong>of</strong> the major regional<br />

trusts over the past six months<br />

and has also begun briefing<br />

some <strong>of</strong> the trustees and has<br />

already secured a seed funding<br />

commitment from Waikato’s<br />

WEL Energy Trust to prepare<br />

the fund.<br />

Meanwhile, kiwifruit<br />

remains the region’s biggest<br />

export earner, and Zespri is<br />

placing an increasing focus on<br />

ramping up its ability to supply<br />

markets outside the New<br />

Zealand season. The 6000 ha<br />

<strong>of</strong> SunGold in New Zealand<br />

is rapidly being followed by<br />

supply out <strong>of</strong> Japan, South<br />

Korea, and particularly France<br />

and Italy. Italy is on track to<br />

reach 2880 ha <strong>of</strong> SunGold,<br />

with 2277 ha in the ground,<br />

and 1700 in production, producing<br />

about 8 million trays<br />

in <strong>2018</strong>.<br />

This month Richard Rennie<br />

visited a key growing area in<br />

Italy to see how the <strong>Bay</strong>’s<br />

northern hemisphere equivalents<br />

are managing their growing<br />

and marketing.<br />

Join the Ingham Mora team<br />

and guest speaker Mark Jenkins for:<br />

7 WAYS TO<br />

GROW YOUR<br />

BUSINESS<br />

The many faces <strong>of</strong> Ingham Mora<br />

In business the best advice comes from experience. What’s more,<br />

the depth <strong>of</strong> that experience pr<strong>of</strong>oundly influences the quality <strong>of</strong> the<br />

advice. At Ingham Mora we believe the unrivalled experience <strong>of</strong> our<br />

senior partners combined with our innovative, energetic and forwardthinking<br />

new directors delivers our clients, quite simply, more.<br />

And who doesn’t want that?<br />

What does better business advice look like?<br />

You’re looking at it.<br />

• Learn how to set a roadmap and<br />

dashboard for your business<br />

• Discover how to measure and<br />

maximise business efficiency<br />

• Learn how the 7 ways impact<br />

your pr<strong>of</strong>it and cashflow<br />

When: 29 <strong>August</strong> <strong>2018</strong><br />

Where: Tauranga Yacht Club<br />

Cost: $20<br />

Register: eventspronto.co.nz/7ways<br />

Experience. The difference adds up.<br />

All seminar proceeds will go to Graeme Dingle Foundation BOP<br />

07 927 1200 | 60 Durham St, Tauranga | www.inghammora.co.nz


BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 5<br />

Closing the circle<br />

The innovative thinking highlighted at Groundswell will include new<br />

ideas being implemented in the <strong>Bay</strong> on the circular economy. This<br />

is the phrase coined to describe the aim <strong>of</strong> redefining products<br />

and services at the design stage to reduce waste and minimise<br />

negative environmental impacts.<br />

Daniel Faris, chief executive<br />

<strong>of</strong> Locus Research,<br />

and Emily Townsend,<br />

sustainability engineer for<br />

ThinkStep Australasia, will<br />

co-present the “Think circular<br />

to spark innovation and<br />

collaboration” session at<br />

the RHUBARB Innovation<br />

Summit. Locus Research<br />

and ThinkStep have recently<br />

formed a new partnership.<br />

“A lot <strong>of</strong> people assume that<br />

if you recycle something like<br />

a plastic bottle, it will come<br />

back around as a new plastic<br />

water bottle,” said Faris.<br />

“But it doesn’t - it comes<br />

around as a lower grade hard<br />

plastic that maybe can be recycled<br />

a few times, but ultimately<br />

it will end up in landfill. It<br />

doesn’t fix the problem. The<br />

only way to really do that is to<br />

design products and systems<br />

that don’t create waste in the<br />

first place.”<br />

Locus Research has built<br />

expertise on how to undertake<br />

the challenge <strong>of</strong> designing<br />

products for sustainability. The<br />

company’s founder Tim Allan<br />

- now focused on his role as<br />

chief executive <strong>of</strong> electric bike<br />

company Ubco - embraced<br />

the concept <strong>of</strong> so-called Life<br />

Cycle thinking a decade or so<br />

ago, said Faris.<br />

That was when he first<br />

began working with people<br />

developing smart thinking<br />

about the issues, including<br />

Barbara Nebel, a former Scion<br />

scientist, who founded Life<br />

Cycle Assessment NZ, and<br />

is now the managing director<br />

<strong>of</strong> the Australasian arm <strong>of</strong><br />

ThinkStep, a German business<br />

with <strong>of</strong>fices throughout<br />

the world, focused on circular<br />

economy issues.<br />

“Barbara and her team have<br />

always brought a scientific<br />

approach to how you measure<br />

your environmental impact,”<br />

said Faris.<br />

ThinkStep had always<br />

done LCAs (Life Cycle<br />

Assessments), which looked<br />

at all the components <strong>of</strong> a<br />

given product or service, how<br />

sustainably they had been<br />

sourced, how it was manufactured,<br />

and the carbon footprint<br />

and the product’s end <strong>of</strong> life.<br />

“That’s really useful,” said<br />

Faris. “What we’ve always<br />

wanted to do is learn how we<br />

can apply that creatively into<br />

the design <strong>of</strong> the product in the<br />

first place.”<br />

The new Locus Research/<br />

ThinkStep partnership strengthens<br />

their relationship.<br />

“We’ve got a really good<br />

meeting <strong>of</strong> the minds. They<br />

have fresh, sharp scientific<br />

thinking and an incredible database<br />

to benchmark products<br />

and materials. They are capable<br />

<strong>of</strong> making very effective judgments<br />

about how something is<br />

expected to perform. We bring<br />

the more creative and innovative<br />

side to that equation.<br />

“By partnering with these<br />

guys, we can not only come up<br />

Rhubarb is a community<br />

<strong>of</strong> organisations<br />

championing the <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> as a destination at<br />

the forefront <strong>of</strong> innovation,<br />

technology and talent development.<br />

Rhubarb stands for<br />

Resource HUB Assistance<br />

Reaps Benefits.<br />

With members from various<br />

organisations across<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>, there’s a<br />

cross-section <strong>of</strong> talents and<br />

points <strong>of</strong> view making up this<br />

vital community. Their objective<br />

is to make the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> a sought-after location<br />

where technology minded<br />

people want to live, work,<br />

study and play. Rhubarb<br />

encourages an environment<br />

that fosters collaboration and<br />

challenges thinking in the collective<br />

network.<br />

The group want to provide<br />

a positive avenue for strategic<br />

Emily Townsend<br />

with an effective way <strong>of</strong> building<br />

or redesigning a product<br />

to be sustainable, but build it<br />

with pro<strong>of</strong> that it will deliver<br />

the outcomes we have set up<br />

to achieve. And obviously all<br />

<strong>of</strong> this is really focused on<br />

pushing really hard towards<br />

the concept <strong>of</strong> a circular<br />

economy.”<br />

Rhubarb encourages positive<br />

collaboration in the <strong>Bay</strong><br />

Ian Gray<br />

executive engagement that<br />

drives business performance<br />

in the region, and connect the<br />

agencies that drive business<br />

engagement in the <strong>Bay</strong>.<br />

Ian Gray, Rhubarb’s<br />

Secretary and Cucumber’s<br />

<strong>Business</strong> Manager, says the<br />

organisations is about organisations<br />

collaborating, learning<br />

and enabling their teams<br />

Dan Faris<br />

to thrive and grow.<br />

“We encourage members<br />

to work together, think differently,<br />

share ideas and explore<br />

their talents. Rhubarb facilitates<br />

this through local events<br />

and forums with speakers<br />

from far and wide. It’s been<br />

a passion <strong>of</strong> mine for over<br />

eight years and the Innovation<br />

Summit will be a terrific<br />

opportunity for members and<br />

non-members in the region to<br />

get together, share experiences<br />

and learn something new from<br />

some amazing speakers.”<br />

Rhubarb is holding a<br />

one-day Innovation Summit<br />

on 29 <strong>August</strong> as part <strong>of</strong><br />

Groundswell, with the<br />

theme <strong>of</strong> “Transformational<br />

Technologies.” The summit<br />

aims to challenge thinking,<br />

create curiosity and engage<br />

regional leaders in how to<br />

transform through digital<br />

Faris said the circular economy<br />

concept had been around<br />

for some time, but had been<br />

difficult for people to conceptualise.<br />

However, the Sustainable<br />

<strong>Business</strong> Network has recently<br />

announced the first New<br />

Zealand circular economy conference<br />

for later this year.<br />

“It’s becoming more in the<br />

public eye. Some people will<br />

tell you that recycling is circular,<br />

but it’s not, it’s ultimately<br />

linear. The goal is to<br />

design products and services<br />

that don’t need recycling,<br />

and that requires some clever<br />

thinking.”<br />

technology and manage an<br />

increasingly fast-paced environment.<br />

With something for everyone,<br />

the event will covers<br />

a business and technology<br />

stream, and explore topics<br />

ranging from customer experience,<br />

the circular economy<br />

and the future <strong>of</strong> work, to<br />

cyber security, the Internet<br />

<strong>of</strong> Things, and augmented<br />

reality.<br />

Key speakers include<br />

Simon Kennedy, Air New<br />

Zealand’s CIO, Russell Craig,<br />

National Technology Officer<br />

for Micros<strong>of</strong>t NZ, and Liz<br />

Maguire, ANZ’s Head <strong>of</strong><br />

Digital and Transformation.<br />

With demonstrations <strong>of</strong> leading-edge<br />

technology on the<br />

day as well, this promises<br />

to be a compelling event for<br />

anyone involved in innovation,<br />

technology or the future<br />

<strong>of</strong> business.<br />

For more information<br />

and tickets for the Rhubarb<br />

Innovation Summit, please<br />

visit: https://groundswellfestival.nz/rhubarb/.<br />

THANK<br />

YOU<br />

The <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> team would like<br />

to thank its readers and advertisers for the strong<br />

support we’ve received since we launched just over<br />

two years ago. Our circulation and reach across the<br />

region have grown significantly.<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> is the only publication<br />

focused on providing relevant business content<br />

and context for one <strong>of</strong> New Zealand’s most vibrant<br />

economic regions. We are delighted with the<br />

response and are committed to continue fulfilling<br />

our mission as the Voice <strong>of</strong> <strong>Business</strong> in the <strong>Bay</strong>.<br />

<strong>Bay</strong> <strong>of</strong> plenty


6 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Artificial Intelligence is already here<br />

New technologies such as Artificial Intelligence (AI) have advanced<br />

to the point where non-technical people are able to create<br />

systems with ease, says Isuru Fernando, IBM New Zealand<br />

analytics and AI leader.<br />

By DAVID PORTER<br />

“We are seeing AI<br />

being used right<br />

here in New<br />

Zealand, by businesses large<br />

and small in many varied industries,”<br />

he said. “What is fascinating<br />

to me is that here in New<br />

Zealand, it has arrived - it is not<br />

a ‘future’ technology, it’s here.”<br />

Fernando emphasised that<br />

in IBM’s experience, customers<br />

wanted simple and personalised<br />

experiences, no matter how<br />

they interacted with a business.<br />

“We think that a great<br />

customer experience is about<br />

a deep engagement and<br />

increased conversions by<br />

capitalising on the right data<br />

to fine-tune and personalise<br />

THE RISE OF AI<br />

What is fascinating to<br />

me is that here in New<br />

Zealand, it has arrived<br />

- it is not a ‘future’<br />

technology, it’s here.<br />

– Isuru Fernando,<br />

IBM NZ<br />

<strong>of</strong>fers and messages at every<br />

customer touchpoint,” he said.<br />

And he’s a strong believer<br />

that AI allows people to augment<br />

their own human capabilities<br />

to achieve this.<br />

The market for AI is growing fast.<br />

• Worldwide spending on AI systems was forecast to reach<br />

$12.5 billion by the end <strong>of</strong> 2017.<br />

• By the end <strong>of</strong> this year, up to 75% <strong>of</strong> all consumers will<br />

interact with AI services on a regular basis.<br />

• 75% <strong>of</strong> developer teams will include AI functionality in<br />

one or more <strong>of</strong> their applications.<br />

• 81% <strong>of</strong> companies believed they had complete views<br />

<strong>of</strong> their customer, but 63% <strong>of</strong> consumers disagreed - a<br />

significant disconnect.<br />

• In the future, 100% <strong>of</strong> jobs will need to collaborate with<br />

an AI system.<br />

Source: IBM NZ<br />

“It’s about providing personalised<br />

services to meet<br />

changing consumer expectations,”<br />

he said.<br />

By 2021, “conversational<br />

AI-first” would be adopted by<br />

the majority <strong>of</strong> organisations<br />

as the most important new<br />

platform,” he said.<br />

Most consumers had already<br />

experienced AI through their<br />

mobile devices in the form <strong>of</strong><br />

chatbots and customer service<br />

agents or “digital humans”.<br />

IBM’s AI platform Watson<br />

(named after IBM’s first CEO<br />

Thomas J.Watson), was being<br />

used for everything from helping<br />

doctors diagnose or find<br />

new ways to treat cancer, to<br />

helping meteorologists predict<br />

the weather, and businesses<br />

serve their customers better,<br />

he said.<br />

“For businesses, the real<br />

potential <strong>of</strong> AI is being able to<br />

analyse much more information<br />

than we ever could before<br />

to create insight and knowledge,”<br />

he said.<br />

But he added that it was<br />

important when building AI<br />

systems to use an ethical<br />

framework to safeguard data<br />

responsibility and transparency,<br />

and minimise bias.<br />

“This is one <strong>of</strong> the biggest<br />

challenges for businesses getting<br />

started with AI.”<br />

Regions in focus<br />

Regions like the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> are very much<br />

part <strong>of</strong> the focus for<br />

major technology companies,<br />

says Russell Craig,<br />

Micros<strong>of</strong>t NZ’s national<br />

technology <strong>of</strong>ficer.<br />

“We’re significantly interested<br />

in the opportunities that<br />

clearly exist and lie ahead for<br />

utilisation <strong>of</strong> digital technologies<br />

in the regions <strong>of</strong> New<br />

Zealand, for both economic<br />

and social development,”<br />

he said.<br />

“We have a strong and<br />

abiding interest in showing<br />

up in these regional communities<br />

talking to existing partners<br />

and stakeholders on the<br />

big questions <strong>of</strong> digital transformation<br />

- what does that<br />

represent to New Zealand<br />

and what does that represent<br />

for the regions?<br />

“We do a huge amount <strong>of</strong><br />

existing business in regions<br />

such as the BOP. There’s a<br />

great deal <strong>of</strong> opportunity in<br />

areas such as agritech, precision<br />

agriculture and horticulture<br />

in terms <strong>of</strong> ways they<br />

can enhance their productivity,<br />

their economic performance<br />

and their environmental<br />

performance by using<br />

technology.”<br />

With the rising tide <strong>of</strong><br />

disruption in New Zealand’s<br />

global markets, some <strong>of</strong> the<br />

key questions technology<br />

was trying to answer were<br />

around how to successfully<br />

address that and preserve and<br />

enhance the primary industries,<br />

said Craig.<br />

“Everybody’s starting to<br />

get their head around this idea<br />

that we are in a post-industrial<br />

revolution era and these<br />

industries have to change.”<br />

– By DAVID PORTER<br />

We have a strong and abiding interest in<br />

showing up in these regional communities<br />

talking to existing partners and<br />

stakeholders on the big questions <strong>of</strong> digital<br />

transformation.<br />

– Russell Craig, Micros<strong>of</strong>t NZ<br />

JOIN<br />

NOW!<br />

Be a recognised and respected member<br />

<strong>of</strong> the Tauranga business community by<br />

joining the Chamber.<br />

Join Tauranga Chamber members Lyn and Brent Trail<br />

from Surveying Services, Tauranga.<br />

Chamber members benefit from business support and<br />

connections, networking and training events, business pr<strong>of</strong>iling<br />

opportunities, plus regular member deals and promotions.<br />

For more details & to sign up visit www.tauranga.org.nz


BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 7<br />

Designing the City<br />

This year’s Design the City Experiment will be an<br />

“amplified step on” after some amazing ideas<br />

in the inaugural Groundswell, says Blythe Rees-<br />

Jones, one <strong>of</strong> the event’s design coaches.<br />

By DAVID PORTER<br />

The entrepreneur and creative<br />

director at Virtuo,<br />

who will be working with<br />

Bluelab’s head <strong>of</strong> innovation<br />

Jono Jones, said the experiment<br />

was a very successful<br />

part <strong>of</strong> last year’s Groundswell.<br />

“We’re still working<br />

through the details <strong>of</strong> this<br />

year’s challenge and it will<br />

only be announced on opening<br />

day,” said Rees-Jones.<br />

The experiment provides an<br />

opportunity for participants to<br />

learn and practise their innovation<br />

skills in a real world environment,<br />

and benefit the local<br />

community, through a series <strong>of</strong><br />

design challenges. They will<br />

start on Monday morning, and<br />

culminate with a public presentation<br />

on Friday night.<br />

A group <strong>of</strong> people from<br />

companies and organisations<br />

across the Western <strong>Bay</strong> will<br />

come together to take on a<br />

challenge aimed at building<br />

their capability in Design<br />

Thinking. The methodology<br />

uses insight, human-centred<br />

design, product design, social<br />

initiatives, business design and<br />

other practices to find solutions<br />

to complicated problems.<br />

Social development and progress<br />

is a key context for the<br />

experiment, which is expected<br />

to produce usable ideas to help<br />

develop the city.<br />

Over the course <strong>of</strong> the<br />

Groundswell festival, participants<br />

will be split into groups<br />

and meet every day to learn<br />

about design thinking, in order<br />

to accelerate the challenge<br />

through learning about the<br />

design process.<br />

A team <strong>of</strong> local and national<br />

design thinking gurus will<br />

provide coaching, training and<br />

support throughout.<br />

Last year’s challenge was<br />

focused around ideas on how<br />

best to welcome visitors into a<br />

specific part <strong>of</strong> the downtown<br />

area.<br />

“There were some awesome<br />

ideas, from enhancing<br />

what was already there, to<br />

some really new innovative<br />

one,” said Rees-Jones.<br />

“The participants went out<br />

and built a lot <strong>of</strong> empathy with<br />

people and got different perspectives<br />

and insight on how<br />

they thought about the challenge,<br />

and then amplified what<br />

was really important about<br />

what we learnt, and defined<br />

and built some low-fi products<br />

to present.”<br />

Rees-Jones said the experiment<br />

was partly about doing<br />

some good for Tauranga, and<br />

was also a career capability<br />

development exercise.<br />

This year the organisers plan<br />

to include stakeholders who<br />

would feel incumbent to follow<br />

through on some <strong>of</strong> the experiment’s<br />

key outcomes, he said.<br />

A<br />

number <strong>of</strong> local innovators,<br />

designers and entrepreneurs<br />

were fired up<br />

by the inaugural Groundswell<br />

last year and have lent their<br />

skills to this year’s event. And<br />

like most <strong>of</strong> the key drivers<br />

behind Groundswell, their<br />

efforts are a pro bono effort to<br />

ensure Groundswell continues<br />

to build momentum.<br />

Carl Menary, based in Waihi<br />

Beach, is a good example. The<br />

senior industrial designer at<br />

Te Puna-based Robotics Plus<br />

was so enthused by last year’s<br />

Groundswell that he put his<br />

hand up to take part this year.<br />

“I got in touch with Priority<br />

Blythe Rees-Jones (inset) was so energised by the inaugural Groundswell,<br />

he was inspired to inscribe it on a local beach.<br />

Expanding the boundaries<br />

Carl Menary<br />

One because I thought it was a<br />

cool initiative and asked how I<br />

could help out,” said Menary.<br />

Drawing on his experience<br />

as a product designer and innovation<br />

facilitator, as well as<br />

the network <strong>of</strong> contacts he’s<br />

developed in the Western<br />

<strong>Bay</strong>, Menary will be leading<br />

the Kickstart Your <strong>Business</strong><br />

Workshop at the Waihi Beach<br />

Hotel, near Katikati.<br />

The workshop is aimed at<br />

early-stage entrepreneurs and<br />

businesses looking to gain<br />

clarity and support to take<br />

action, and the connections<br />

and confidence to turn their<br />

business ideas into a reality.<br />

“I got to know a lot <strong>of</strong> people<br />

in the area and it became<br />

apparent that there were many<br />

who were starting their own<br />

businesses,” he said.<br />

“It quickly turned into a<br />

more entrepreneurial meetup<br />

and I started the Waihi Beach<br />

Creatives network. We know<br />

there’s a pretty huge community<br />

in the Katikati, Waihi<br />

Beach, Western <strong>Bay</strong> areas that<br />

are already on that journey.<br />

We’re helping those who want<br />

to take the first step through<br />

that process.”<br />

Menary said he was keen<br />

to help draw attention to the<br />

capabilities <strong>of</strong> the Waihi Beach<br />

and the Western <strong>Bay</strong>/Katikati<br />

area as an innovation hub.<br />

“It’s not that well-known<br />

as a hi-tech and design area<br />

and a place for startups to<br />

come. We want to get it out<br />

that we have a network <strong>of</strong><br />

people here who are capable<br />

<strong>of</strong> collaborating and helping<br />

to get things happening.”<br />

– By DAVID PORTER<br />

This winter, no<br />

-<br />

one should<br />

be forced to choose.<br />

Imagine being forced to choose between providing food,<br />

warmth and shelter for you and your family.<br />

Sadly, this is a decision that thousands <strong>of</strong> Kiwi families living in<br />

poverty are forced to make each winter—whether to feed their<br />

children at the expense <strong>of</strong> paying a power bill, or to miss a rent<br />

payment—falling further into crippling debt so a family member<br />

can visit a doctor.<br />

Winter is one <strong>of</strong> the busiest times <strong>of</strong> the year for The Salvation<br />

Army, with more people seeking emergency support with the<br />

basics <strong>of</strong> survival—food, warmth and shelter—as well as longterm<br />

care such as budgeting, counselling and life skills.<br />

The Salvation Army wants every Kiwi to have enough to make it<br />

through winter, and the cold winters beyond. Because no-one<br />

should have to choose.<br />

Last year we helped thousands <strong>of</strong> families and individuals in need<br />

over the cold winter months, with all signs this winter pointing to<br />

an even busier time <strong>of</strong> year for those in poverty.<br />

Supporting the Winter Appeal can be as easy as giving a gift to a<br />

family when they need it most; from an emergency food parcel<br />

or practical aid package <strong>of</strong> bedding and clothing, to long-term<br />

support such as budgeting sessions, counselling support and<br />

expert social care.<br />

Please support our Winter Appeal today and help ensure that<br />

those in need can get the basics <strong>of</strong> food, warmth and shelter.<br />

Donate now at salvationarmy.org.nz/winterappeal<br />

Winter Appeal


Just beginning to learn<br />

about innovation?<br />

These events will help<br />

you gain a greater<br />

understanding <strong>of</strong> the<br />

‘i’ word.<br />

Keen to get more<br />

involved in the space?<br />

Improve your skills<br />

with one <strong>of</strong> our<br />

hands-on experiences.<br />

Are you an experienced<br />

innovator?<br />

Upskill at one <strong>of</strong> our<br />

industry-specific<br />

events.


10 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Enterprise Angels<br />

looks to make impact<br />

in social sectors<br />

Funding group Enterprise Angels plans to<br />

launch an approximately $15-$20 million<br />

fund that will be the region’s first example<br />

<strong>of</strong> impact investing. The group is in talks<br />

with major trusts and commercial investors<br />

across the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> and Waikato to<br />

support the initiative and hopes to get it up<br />

and running by early next year.<br />

By DAVID PORTER<br />

Enterprise Angels - which<br />

is the country’s biggest<br />

member-driven angel<br />

group - has been talking to the<br />

managers <strong>of</strong> the major regional<br />

trusts over the past six months<br />

and has also begun briefing<br />

some <strong>of</strong> the trustees.<br />

Waikato’s WEL Energy<br />

Trust has already committed<br />

seed funding in the form <strong>of</strong><br />

a grant to support the angels<br />

group in preparing for the fund<br />

launch, said Kristen Joiner,<br />

director <strong>of</strong> impact investment<br />

for Enterprise Angels.<br />

“We’ve been talking to all <strong>of</strong><br />

the major regional funds to get<br />

a feel for their thinking about<br />

this, and their response has<br />

been very positive,” she said.<br />

Joiner said other trusts<br />

that had expressed interest<br />

in further discussion and/<br />

or information included<br />

<strong>Bay</strong> Trust, TECT, ACORN<br />

Community Foundation,<br />

RECT, Momentum Waikato,<br />

Trust Waikato and Eastland<br />

Community Trust.<br />

We envisage that<br />

the new impact fund<br />

will be supported<br />

by a combination<br />

<strong>of</strong> the commercial<br />

and philanthropic<br />

sectors.”<br />

- Bill Murphy<br />

Impact investing refers<br />

to investments aimed at generating<br />

a measurable, beneficial<br />

social or environmental impact<br />

alongside a financial return.<br />

New Zealand currently has<br />

two recently created funds, the<br />

Impact Enterprise Fund, and<br />

Soul Capital.<br />

One <strong>of</strong> the issues facing<br />

charitable trusts is that, despite<br />

sometimes having significant<br />

capital bases, the investment<br />

return they generate for distribution<br />

to their beneficiaries<br />

can <strong>of</strong>ten be relatively small.<br />

More to the point, their distributions<br />

are generally made in<br />

the form <strong>of</strong> grants.<br />

Enterprise Angels’ executive<br />

director Bill Murphy said<br />

there had been a major shift in<br />

the philanthropic sector globally<br />

towards impact investing.<br />

“If the main reason for the<br />

trusts is to provide community<br />

benefits <strong>of</strong> one form or another,<br />

and they are only doing that<br />

with a tiny percentage <strong>of</strong> their<br />

funds base, we are suggesting<br />

to them that they consider allocating<br />

a portion <strong>of</strong> their capital<br />

base to impact investing,” he<br />

said.<br />

“There has been a huge<br />

movement around the world,<br />

with the philanthropic sector<br />

realising they need and want<br />

to provide more than just<br />

Ian Greaves wins in<br />

top category at Angels<br />

Group’s inaugural awards<br />

Enterprise Angels recently<br />

held its inaugural<br />

angel awards, recognising<br />

four members for their<br />

outstanding input.<br />

The overall winner for<br />

the Angel <strong>of</strong> the Year award<br />

was Ian Greaves. The award<br />

covers all engagement from<br />

members including mentoring,<br />

committee involvement,<br />

due diligence, education and<br />

events participation and investments.<br />

Executive director Bill<br />

Murphy said the group had<br />

many smart and experienced<br />

members that were passionate<br />

about making a difference.<br />

“We wanted to do something<br />

special to recognise all<br />

<strong>of</strong> their efforts.”<br />

Greaves has a background<br />

predominantly in kiwifruit.<br />

“I really love getting involved<br />

and being enthusiastic<br />

in places where I am appreciated<br />

and where skill, commitment<br />

and passion is highly<br />

valued,” he said.<br />

“The ethos <strong>of</strong> EA seems<br />

to resonate with the idea that<br />

anyone may have the aptitude<br />

and implementation ability required<br />

to succeed. I love what<br />

EA has created.”<br />

Alan Dick took out the Due<br />

Diligence Master <strong>of</strong> the Year.<br />

Due diligence is crucial with<br />

early stage investing and a<br />

team <strong>of</strong> angel investors looks<br />

at the key parts <strong>of</strong> a potential<br />

investee. The time commitment<br />

could be anywhere from<br />

five to 20-plus hours. Dick is<br />

a retired IT consultant with<br />

a broad range <strong>of</strong> experience<br />

ranging from IT management<br />

Bill Murphy: Global move in philanthropic sector<br />

towards impact investing. Photo/Supplied.<br />

grants to the non-pr<strong>of</strong>it sector<br />

in order for their beneficiary<br />

groups to advance their respective<br />

missions. They want to<br />

ensure their beneficiaries can<br />

become more self-sustaining.”<br />

Murphy said it would take<br />

up until the end <strong>of</strong> the year to<br />

complete preparations to get<br />

its new fund up and running,<br />

and that it was aiming for a<br />

fund size <strong>of</strong> approximately<br />

$15-$20 million.<br />

Enterprise Angels chair James Beale with<br />

award winner Ian Greaves. Photo/Supplied.<br />

and project management to<br />

product development and<br />

systems to support manufacturing.<br />

The other finalists<br />

were Nelson Walker and<br />

Tim Uckun.<br />

The EA Investor Director<br />

Murphy said the investment<br />

niche for the new fund would<br />

not solely be startups - the target<br />

<strong>of</strong> Enterprises Angels - but<br />

could be wider.<br />

“The focus will include<br />

social enterprises, but it could<br />

also include appropriate infrastructure,<br />

such as environmental<br />

improvement projects,<br />

social housing and community<br />

amenities.”<br />

And Enterprise Angels<br />

wasn’t just looking to trusts<br />

for investors, he added.<br />

“There’s been a lot <strong>of</strong><br />

interest from the commercial<br />

sector, from high net worth<br />

individuals and our own members.<br />

We envisage that the new<br />

impact fund will be supported<br />

by a combination <strong>of</strong> the commercial<br />

and philanthropic sectors.<br />

We’re aiming to establish<br />

a model so that other regional<br />

impact funds can be created.”<br />

<strong>of</strong> the Year went to two members,<br />

Sam Kidd and Karl Gradon.<br />

Kidd sits on the board <strong>of</strong><br />

Beany, an online accountancy<br />

firm based in Taupo that has<br />

grown significantly since investment<br />

by Enterprise Angels<br />

members back in 2015.<br />

Gradon is on the board <strong>of</strong><br />

Heilala Vanilla, a Tauranga<br />

company that grows vanilla in<br />

Tonga, locally processes the<br />

products and markets globally.<br />

TAURANGA CITY COUNCIL<br />

Long Term Plan<br />

<strong>2018</strong>-2028<br />

As part <strong>of</strong> our Long Term Plan <strong>2018</strong>-2028, Tauranga City Council has made some<br />

changes to the way we collect our rates and fund the services we provide to people<br />

in our city.<br />

These changes took effect from 1 <strong>July</strong> this year.<br />

Through our consultation process, we heard what the business community<br />

had to say about the proposed rating structure and the rating differential<br />

ratio.<br />

Council decided on a different option to those proposed in the consultation<br />

document, shifting the financial burden over time by:<br />

• lowering the uniform annual general charge from the current maximum<br />

30 percent to 15 percent, to be phased in over three years: 25 percent<br />

on 1 <strong>July</strong> <strong>2018</strong>, 20 percent on 1 <strong>July</strong> 2019 and 15 percent on 1 <strong>July</strong> 2020<br />

• introducing a differential ratio <strong>of</strong> 1:1.2 to be phased in over the next three<br />

years, with a ratio <strong>of</strong> 1:1.067 on 1 <strong>July</strong> <strong>2018</strong>, 1:1.134 on 1 <strong>July</strong> 2019 and<br />

1:1.2 on 1 <strong>July</strong> 2020.<br />

This means the commercial and residential<br />

sectors will pay a proportionally equal share<br />

<strong>of</strong> the general rate.<br />

Council decided against introducing a<br />

targeted rate for residential and commercial<br />

properties in the city centre to provide<br />

streetscaping and open space improvements,<br />

instead choosing to fund this through the<br />

general rate.<br />

Council decided to fund new resilience<br />

projects through a targeted rate<br />

rather than the general rate.<br />

For more information on the Long Term Plan, including a summary <strong>of</strong> key decisions, visit www.tauranga.govt.nz/longtermplan


E-VEHICLES<br />

BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

11<br />

Pacific Auto Traders<br />

Specialists in Electric Vehicles<br />

Pacific Auto Traders is an established auto retailer that has been<br />

specialising in the Electric Vehicle (EV) sector for more than two years.<br />

“We only recommend<br />

EVs when we’re<br />

assured their<br />

advantages will suit our customers’<br />

budgets, aspirations<br />

and lifestyles,” says owner<br />

Kevin Cooper.<br />

Pacific Auto Traders has<br />

invested time and money into<br />

developing a sound knowledge<br />

<strong>of</strong> the rapidly growing<br />

EV sector.<br />

“Our extensive understanding<br />

<strong>of</strong> EVs is crucial and gives<br />

great confidence to our customers.<br />

EVs are revolutionising<br />

the auto sector and we’re<br />

delighted to share what we’ve<br />

learned with people thinking<br />

<strong>of</strong> making an investment in the<br />

future <strong>of</strong> transport.”<br />

Kevin at is a qualified Auto<br />

Electrician and understands<br />

the EV concept better than<br />

most. You can be assured <strong>of</strong><br />

practical sound advice that you<br />

can rely on.<br />

He has staff in Japan who<br />

ensure all the EV vehicles are<br />

individually inspected before<br />

they are even considered<br />

being purchased for sale in<br />

New Zealand.<br />

“We take our time to understand<br />

your exact needs so the<br />

correct vehicle is matched to<br />

your requirements and unique<br />

situation. If we haven’t got<br />

what you’re looking for, we<br />

provide a buy to order service<br />

to ensure to get exactly what<br />

you require,” says Kevin<br />

“And it doesn’t stop there -<br />

when you take delivery <strong>of</strong> your<br />

EV, we make sure you have<br />

the correct charging cables, an<br />

English Operating manual, and<br />

that the dash display is converted<br />

to English.”<br />

Feel free to call or visit<br />

our dealership to discuss your<br />

requirements or to learn more,<br />

see our Frequently asked questions<br />

pacificautotraders.co.nz<br />

Save money for your business<br />

And stop the wife nagging about that assistant<br />

Economical & enviornmentally friendly option<br />

for the teenager<br />

Or just keep it for yourself<br />

Safe car for the mother in law<br />

Or just a sure fire way to make her want to leave<br />

For electric cars so good... You can be a little bad<br />

107 Hewletts Road, Mt Maunganui<br />

07 574 2943<br />

pacificautotraders.co.nz<br />

Commercial<br />

Property<br />

Management<br />

At <strong>Bay</strong>leys, we believe relationships are<br />

what businesses are built on and how<br />

they succeed.<br />

We understand that to maximise the<br />

return on your property you need:<br />

Pr<strong>of</strong>essional property management<br />

A business partner that understands<br />

your views and goals<br />

Speak to your <strong>Bay</strong>leys team today<br />

SUCCESS REALTY LTD, BAYLEYS,<br />

LICENSED UNDER THE REA ACT 2008<br />

Jan Cooney<br />

Senior Commercial Property Manager<br />

P 07 579 0609 M 027 408 9339<br />

jan.cooney@bayleys.co.nz<br />

Brodie Thomas<br />

Commercial Property Manager<br />

P 07 579 0608 M 027 746 9218<br />

brodie.thomas@bayleys.co.nz


12 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Italian growers key<br />

element in Zespri<br />

12 month supply<br />

Even though they are at opposite ends <strong>of</strong> the globe, kiwifruit<br />

growers in Italy and New Zealand are enjoying the benefits<br />

<strong>of</strong> Zespri’s efforts to keep the shelves full all year round with<br />

SunGold kiwifruit. Richard Rennie visited Italy to see how<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>’s northern hemisphere equivalents are<br />

managing their growing and marketing.<br />

Zespri and grower team in Lazio: (from left) Zespri marketing <strong>of</strong>ficer Matteo<br />

Lorenti, Ap<strong>of</strong>ruit technical manager Mareo Mastroleo, grower Aldo Sciotti<br />

and Zespri supply chain manager Dario Vegetti. Photo/Richard Rennie.<br />

By RICHARD RENNIE<br />

IN LAZIO, ITALY<br />

The Lazio district about 50<br />

minutes south <strong>of</strong> Rome<br />

by train is playing a key<br />

part in efforts to ensure the sun<br />

never sets on Zespri’s efforts to<br />

keep the fruit stocked in valuable<br />

produce shelves across<br />

Asia and Europe.<br />

The China and Japan markets<br />

now account for about 16<br />

and 12 million trays <strong>of</strong> Sun-<br />

Gold fruit from New Zealand<br />

respectively a year. Growth in<br />

China in 2016 alone was 40<br />

percent, and expectations remain<br />

high as penetration into<br />

the - relatively - smaller Tier 2<br />

cities continues.<br />

Writer Richard Rennie interviewing Ap<strong>of</strong>ruit technical<br />

manager Marco Mastroleo in Lazio, Italy. Photo/Supplied.<br />

LATINA, LAZIO<br />

- ITALY’S TE PUKE.<br />

Where: 40km south <strong>of</strong> Rome<br />

Area in SunGold kiwifruit: 1597ha<br />

Mussolini succeeded where dozens <strong>of</strong> emperors and<br />

leaders before him had failed. In the 1930s he had<br />

the swampy district drained for it to become a fruit<br />

and vegetable basket for Rome. Today kiwifruit a key<br />

crop in the district.<br />

But the sweet-tart taste <strong>of</strong><br />

SunGold has also found favour<br />

in the European market,<br />

one that has traditionally favoured<br />

the tarter taste <strong>of</strong> green<br />

kiwifruit.<br />

Dario Vegetti, Zespri’s European<br />

supply chain manager,<br />

said the fruit’s popularity<br />

means filling in seasonal gaps<br />

within the supply calendar,<br />

something that New Zealand<br />

simply can’t achieve in one<br />

hemisphere.<br />

The 6000 ha <strong>of</strong> SunGold in<br />

New Zealand is rapidly being<br />

followed by supply out <strong>of</strong> Japan,<br />

South Korea, and particularly<br />

France and Italy. Italy is<br />

on track to reach 2880 ha <strong>of</strong><br />

SunGold, with 2277 ha in the<br />

ground, and 1700 in production,<br />

producing about 8 million<br />

trays in <strong>2018</strong>.<br />

Vegetti said the challenge<br />

for Zespri marketers in Italy<br />

and France is to also keep<br />

up its supply lines through to<br />

Asia. Shipping times from<br />

Asia to Europe <strong>of</strong> about six<br />

weeks are similar to the time<br />

it takes to ship from New Zealand<br />

to Europe.<br />

Last season’s Italian harvest<br />

had 4.7 million SunGold trays<br />

grown in Italy and 400,000 in<br />

France, with about half meeting<br />

domestic demand, and half<br />

going overseas - with half <strong>of</strong><br />

that ending up in China.<br />

Growth curve<br />

As has been the case with New<br />

Zealand SunGold growers, it<br />

has been a rapid growth curve<br />

for Italian growers, with the<br />

area under cultivation more<br />

than doubling in only three<br />

years<br />

For Italian kiwifruit growers,<br />

there is no Zespri single<br />

desk seller model. Rather<br />

most generally supply one<br />

<strong>of</strong> four large fruit suppliers,<br />

some which are themselves<br />

grower co-operatives.<br />

Zespri has long-standing<br />

relationships in Italy, having<br />

worked with the co-ops for the<br />

past 17 years, building grower<br />

ties and growing the supplying<br />

area.<br />

One <strong>of</strong> the largest co-ops,<br />

Ap<strong>of</strong>ruit, processes a variety <strong>of</strong><br />

fruits including pomegranates,<br />

plums and blackberries. Kiwifruit<br />

forms about one-third <strong>of</strong><br />

its business. ApoFruit processes<br />

350,000 tonnes <strong>of</strong> fruit a<br />

year, turning over almost Euro<br />

300 million a year.<br />

Marco Mastroleo, Ap<strong>of</strong>ruit’s<br />

technical grower manager,<br />

told <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong><br />

<strong>News</strong> there was no problem<br />

finding potential growers.<br />

“There are many wanting to<br />

grow SunGold, it is a high margin,<br />

attractive fruit,” he said.<br />

“The challenge for us is to get<br />

the best growers growing it.”<br />

Unlike in NZ, growers do<br />

not pay a licence fee to grow<br />

the fruit, but they are required<br />

to meet Zespri fruit standards<br />

if they wish to supply through<br />

one <strong>of</strong> the fruit companies.<br />

With about 25,000 ha <strong>of</strong> kiwifruit<br />

in the ground throughout<br />

Italy, experience is not<br />

scarce and Mastroleo says<br />

growers <strong>of</strong> both hemispheres<br />

are united by their common<br />

experiences with Psa. Italian<br />

growers have tended to manage<br />

the disease better than<br />

their French counterparts. Responses<br />

to the disease have<br />

been similar to New Zealand,<br />

with all the Psa-afflicted Hort<br />

16a Gold variety cut out, and<br />

regular copper applications to<br />

keep the disease at bay.<br />

The nightmare <strong>of</strong> New Zealand<br />

horticulture, the Brown<br />

Marmorated stink bug, has<br />

already established itself in<br />

the northern growing regions<br />

around Bologna, and growers<br />

in Latina, Lazio’s state capital,<br />

are bracing themselves for incursions<br />

closer to home.<br />

“In the north the bug has a<br />

fruit for every stage <strong>of</strong> its lifecycle,<br />

which fortunately is not<br />

so much the case here,” says<br />

Mastroleo.<br />

Labour demands<br />

Italian growers share the same<br />

headache as Kiwi growers in<br />

finding suitable staff to complete<br />

demanding orchard work,<br />

despite Italy’s massive migrant<br />

issue. One grower said unless<br />

the government recognised the<br />

lack <strong>of</strong> workers, and invested<br />

in training up the pool <strong>of</strong> migrants,<br />

there would be no improvement<br />

in the situation.<br />

And crop volumes are looking<br />

to grow.<br />

GROWING ASPECTS<br />

• Good quality water supply for irrigation.<br />

• Well-established, skilled growing community.<br />

• Manageable soil type.<br />

• Reasonably affordable land (about Euro 100,000<br />

per ha for SunGold orchards)<br />

• Close technical liaison between growers and<br />

processing companies.<br />

• Lengthy relationship <strong>of</strong> 17 years between Zespri,<br />

growers and groups.<br />

• Strong and ongoing IP transfer between growers in<br />

both hemispheres, particularly on Psa control.<br />

• 10,000 trays per ha common, 15,000 trays per ha<br />

achievable for good growers.<br />

Zespri’s established reputation<br />

in Italy and now Sun-<br />

Gold’s proven track record<br />

for generating good consistent<br />

returns, is helping companies<br />

like Ap<strong>of</strong>ruit achieve some big<br />

growth targets.<br />

“Planting SunGold is also<br />

seeing growers move away<br />

from quantity to quality, with<br />

bigger, better fruit required<br />

as Zespri standard, with incentives<br />

to motivate them to<br />

achieve that,” said Mastroleo.<br />

Lazio orchard netting: Protection from frequent<br />

hailstorms, and diffuses UV light to aid ripening<br />

and prevent sunburn to fruit. Photo/Richard Rennie.<br />

V8963L


NEW FACES<br />

BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 13<br />

Welcome Nico Wamsteker<br />

ABC <strong>Business</strong> Sales welcomes<br />

Nico Wamsteker to ABC<br />

<strong>Business</strong> Sales <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

Office.<br />

Ben Cain<br />

James & Wells lawyer Ben Cain<br />

now based in the firm’s<br />

growing <strong>Bay</strong> <strong>of</strong>fice<br />

Ben Cain, a Senior Associate with<br />

intellectual property law firm James<br />

& Wells, has recently made the move<br />

from Hamilton to Tauranga where he will<br />

help spearhead growth in the firm’s <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> practice.<br />

Pr<strong>of</strong>essional marketer and brand manager<br />

turned lawyer, Ben combines his passion<br />

for both disciplines to help his clients protect<br />

and enforce their intellectual property,<br />

including brands, designs, plant variety<br />

rights and domain names.<br />

With over 25 years’ commercial experience,<br />

Ben works with clients large and<br />

small, local and international, across a wide<br />

range <strong>of</strong> industrial and service sectors, including<br />

automotive, creative, fashion, food<br />

and beverage, events and tourism.<br />

He’s particularly experienced in helping<br />

resolve disputes involving trade marks,<br />

designs, copyright, fair trading and confidential<br />

information. He is also experienced<br />

in domain name dispute resolution both in<br />

New Zealand and overseas.<br />

A relative newcomer to the <strong>Bay</strong>, but no<br />

stranger to the sea having been raised on<br />

the Isle <strong>of</strong> Man, Ben is looking forward to<br />

connecting with the business community,<br />

meeting new clients and exploring the region<br />

with his family.<br />

If you need assistance or advice regarding<br />

your intellectual property assets, drop<br />

Ben a line or give him a call. He’ll be only<br />

too happy to help.<br />

benc@jaws.co.nz | +64 7 928 4470<br />

www.jaws.co.nz<br />

Newly arrived in the <strong>Bay</strong>, Nico brings<br />

years <strong>of</strong> experience in establishing,<br />

developing, nurturing and expanding<br />

business enterprises. As a corporate he<br />

has bought, sold and merged businesses to<br />

achieve maximum results for shareholders.<br />

In golf, pulling <strong>of</strong>f the perfect shot is<br />

a combination <strong>of</strong> having the right equipment,<br />

mastering your swing, and keeping a<br />

clear head.<br />

With the right tools and pr<strong>of</strong>essional<br />

guidance, you can learn to perfect your shot<br />

and turn those bogies into holes in one!<br />

Selling your business has the same<br />

principles and don’t forget the 3 P’s to<br />

selling your business, PREPARATION,<br />

PRESENTATION and PROMOTION.<br />

To sell it right you’ve got to ask yourself:<br />

Why am I selling? When you have a good<br />

reason to sell, you’ll be more focused and<br />

more likely to get a sale.<br />

Am I willing to use the help <strong>of</strong> an expert?<br />

It’s well worth considering, as when you<br />

think about it, you’ll probably only sell a<br />

business once or twice in your lifetime,<br />

but as <strong>Business</strong> Brokers, it’s what we do<br />

every day.<br />

NICO WAMSTEKER<br />

<strong>Business</strong> Broker<br />

Mobile: (021) 933313<br />

Email: nicow@abcbusiness.co.nz<br />

ABC <strong>Business</strong> Sales Ltd<br />

- MREINZ - LIC REAA 2008,<br />

Central Shopping Centre,<br />

65 Chapel St, Tauranga 3110<br />

Why Nico? “Nico specialises in helping people<br />

sell their businesses for the best possible<br />

outcome.”<br />

So, if you are thinking <strong>of</strong> selling, a merger,<br />

or expanding your business give Nico a<br />

call today, as he will guide you through the<br />

process to achieve a positive outcome in the<br />

sale <strong>of</strong> your business.<br />

“We’ll take you there.”<br />

P5741Y<br />

Meet New Faces, Connect your<br />

business with Tauranga’s most<br />

connected networking group<br />

Design & build engineering<br />

business supports growth<br />

with latest appointment<br />

Bringing a finely-honed<br />

skill for creative problem<br />

solving, Michael Macgregor<br />

is enjoying the challenging<br />

projects local engineering<br />

company FABWORX LTD,<br />

sees on a daily basis.<br />

Nicolette Aldridge - Area Manager, TNG Tauranga.<br />

“ The Networking Group is committed to connecting,<br />

improving and growing New Zealand businesses in a<br />

structured networking environment.”<br />

TNG is different to other networking<br />

groups in the sense that we create a<br />

relaxed atmosphere for you to network<br />

and grow your businesses through<br />

word <strong>of</strong> mouth marketing.<br />

Our meetings allow you to feel comfortable<br />

and enjoy yourself whilst investing time<br />

to work on your business.<br />

2 FREE VISITS<br />

Flexible pricing structure<br />

- $50 +GST per month*<br />

Meetings are held fortnightly on Wednesday's<br />

and the following Thursday's at 9am - 10am,<br />

The Raft Cafe, <strong>Bay</strong> Central Tauranga.<br />

Nicolette Aldridge Tel: 027 579 2122<br />

nicolette.aldridge@raywhite.com<br />

Melanie Budden Tel: 021 209 3210<br />

e: sales@tng.org.nz<br />

www.tng.org.nz<br />

* Disclaimer: Membership is for 1 year. Full year memberships can be bought<br />

for $475 +GST paid upfront. Joining fee <strong>of</strong> $99 +GST applies<br />

As Engineering Support, Michael uses<br />

CAD s<strong>of</strong>tware to deliver architectural<br />

and structural metalwork solutions<br />

for residential and commercial construction<br />

projects.<br />

“Most clients only bring us a general<br />

concept <strong>of</strong> what they require, we then<br />

consult with the customer to produce a<br />

viable and economical solution,” explains<br />

Michael who holds a Level 6 Diploma in<br />

Mechanical Engineering.<br />

One such project is an architectural feature<br />

known as “Diagrid” which the team<br />

are producing for The Crossings Shopping<br />

Centre. The resulting 2.6km <strong>of</strong> custom<br />

made aluminium extrusion will be seen as<br />

the main ceiling feature in the mall.<br />

Managing director, Jason Carter, explains<br />

further, “Hawkins approached us<br />

with the design feature specified by the<br />

architect which they needed help with producing.<br />

We came up with the design con-<br />

Michael Macgregor<br />

cepts based on the architect’s intent then<br />

developed the tool, extrusions and prototypes<br />

to develop the final product which we<br />

are also installing.”<br />

Having outgrown their facility in Pyes<br />

Pa, Fabworx will soon be moving into a<br />

brand new, 700sqm premises in The Lakes,<br />

allowing the business to not only maximise<br />

their growth opportunities but also increase<br />

their capacity for such projects in future.<br />

Ph. 021-762-773<br />

Email. info@fabworx.co.nz<br />

www.fabworx.co.nz


14 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

<strong>Bay</strong>’s Pilot<br />

Digital Project a<br />

huge success<br />

Last January, Tauranga<br />

City Council and Western<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> District<br />

Council tasked Venture Centre<br />

with designing, then rolling<br />

out the Digital Enablement<br />

Project - a series <strong>of</strong> projects<br />

designed to support the development<br />

<strong>of</strong> digital and innovation<br />

skills.<br />

Digital enablement is a<br />

multi-dimensional, dynamic<br />

concept which evolves as<br />

technological advances are<br />

made. This pilot project has<br />

laid the foundations for community-led<br />

digital enablement,<br />

by delivering branded<br />

programmes for three tightly<br />

related segments - youth,<br />

small business owners, and<br />

founders (or entrepreneurs),<br />

Venture Centre co-founder Jo<br />

Allum said.<br />

“The social and economic<br />

benefits <strong>of</strong> implementing a<br />

full-blown DEP are becoming<br />

clearer as the project progresses,”<br />

Ms Allum said. “The<br />

willingness <strong>of</strong> locals to step<br />

forward to help others succeed<br />

has been evident, especially<br />

once the means to make their<br />

talents, products and services<br />

easily accessible is provided.”<br />

Co-founder Pascale Hyboud-Peron<br />

says the team’s<br />

focus on fostering an entrepreneurial<br />

ecosystem for the<br />

community has been the key<br />

to the pilot’s success. “This<br />

Venture Centre’s delivery <strong>of</strong> an 18-month<br />

digital enablement project pilot is coming to<br />

a close. It has been so successful and has<br />

garnered interest from across the country,<br />

including from Callaghan Innovation and the<br />

Minister <strong>of</strong> Broadcasting, Communications<br />

and Digital Media and Government Digital<br />

Services, Clare Curran.<br />

approach has encouraged locals<br />

to step up and lead others,<br />

digital service providers to<br />

become trainers, mature entrepreneurs<br />

to support new ones,<br />

young people to join in, enabling<br />

new skills and the discovery<br />

<strong>of</strong> new opportunities<br />

using digital.”<br />

In the first nine months <strong>of</strong><br />

the pilot Venture Centre held<br />

204 events, engaging more<br />

than 1700 locals who took advantage<br />

<strong>of</strong> the opportunities<br />

digital technology provides.<br />

The team created a digital<br />

journey assessment tool and a<br />

directory <strong>of</strong> local digital service<br />

providers as well as <strong>Business</strong><br />

Axis - a one-stop-shop for<br />

events which support entrepreneurs<br />

at all stages <strong>of</strong> their<br />

business journey, whether<br />

they’re youth, startups founders<br />

or SME owners.<br />

“Starters, and SMW owners<br />

sometimes struggle to<br />

know what the best options for<br />

their circumstances are,” Ms<br />

Allum said. “And youth are<br />

not tooled with the sufficient<br />

or appropriate skills or understanding<br />

<strong>of</strong> business goals to<br />

be <strong>of</strong> value to owners. Venture<br />

Centre has provided these<br />

business owners with a ‘third<br />

party’ community-led platform<br />

– a community network<br />

or ecosystem – to connect<br />

specific needs with specific<br />

digital or pr<strong>of</strong>essional skills or<br />

services, and to provide youth<br />

with learn-by-doing opportunities<br />

to get experience under<br />

real-life business conditions.”<br />

The Digital<br />

Enablement Project<br />

pilot, designed and<br />

implemented by<br />

Venture Centre, has<br />

laid a solid foundation<br />

in our community.<br />

The team also created three<br />

websites as gateways for each<br />

segment - youth, SMEs and<br />

founders - to easily access the<br />

information and experts they<br />

need.<br />

As part <strong>of</strong> the programme,<br />

Venture Centre also led the<br />

region’s involvement in Techweek,<br />

an annual national festival<br />

<strong>of</strong> all things tech. “Being<br />

involved in Techweek has<br />

placed Tauranga fourth in the<br />

country, after Auckland, Wellington<br />

and Christchurch, on<br />

the scale <strong>of</strong> cities actively supporting<br />

their business and tech<br />

communities,” Pascale says.<br />

“It has put the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

on an international map for investors<br />

and startups and places<br />

our region firmly in the lead as<br />

a place which encourages the<br />

entrepreneurial spirit.”<br />

The team has also fielded<br />

enquiries from people wanting<br />

to create similar schemes<br />

as far afield as Queenstown,<br />

Greymouth, Hawke’s <strong>Bay</strong> and<br />

Taranaki. They’ve also been<br />

contacted by the Department<br />

<strong>of</strong> Internal Affairs Service Design<br />

Department, and Minister<br />

<strong>of</strong> Broadcasting, Communications<br />

and Digital Media and<br />

Government Digital Services<br />

Clare Curran’s <strong>of</strong>fice. Service<br />

Design leads in Wellington<br />

City Council and Auckland<br />

City Council are also now exploring<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>’s DEP as<br />

a means to meet the needs <strong>of</strong><br />

citizens at foundational stages<br />

<strong>of</strong> their digital and entrepreneurial<br />

journey and SME<br />

owners to upskill and reap the<br />

benefits <strong>of</strong> digital enablement.<br />

Rural Connectivity Group’s<br />

engagement manager Caitlin<br />

Metz is also an advocate<br />

<strong>of</strong> what Venture Centre has<br />

achieved. “There are so many<br />

tangible projects that Jo, Pascale<br />

and their team have been<br />

responsible in kick-starting,”<br />

she says. “I do not come across<br />

many Digital Enablement<br />

Plans that have been ‘enabled’<br />

and that are so active in the<br />

community and producing<br />

such excellent results.”<br />

Ms Metz says Minister Curran<br />

recently spoke about the<br />

many Digital Divides in New<br />

Zealand and the Government’s<br />

goal to digitally educate New<br />

Zealanders to maximise the<br />

opportunities provided by connectivity<br />

– “Venture Centre’s<br />

work is already a successful<br />

model <strong>of</strong> this goal.”<br />

Callaghan Innovation have<br />

also expressed interest in the<br />

DEP as a model which will<br />

allow them to understand the<br />

earliest stages <strong>of</strong> development<br />

<strong>of</strong> entrepreneurs.<br />

All <strong>of</strong> this has led to great<br />

outcomes, including a student<br />

who used DEP-supported initiatives<br />

to reach the national<br />

finals <strong>of</strong> Young Enterprise<br />

Awards and last month visited<br />

the United States as part <strong>of</strong><br />

Crimson Education’s Future<br />

Financier’s Delegation, and<br />

a founder accelerating from<br />

concept to the point that they<br />

have been accepted, by a panel<br />

<strong>of</strong> business, banking, and<br />

startup experts, into incubator<br />

SODA LIFT run in partnership<br />

with SODA inc, in less than<br />

six months.<br />

“The Digital Enablement<br />

Project pilot, designed and implemented<br />

by Venture Centre,<br />

has laid a solid foundation in<br />

our community,” Ms Allum<br />

said.<br />

“Now the decision sits<br />

with councils to provide the<br />

resource to build it out for the<br />

future <strong>of</strong> work and to continue<br />

to develop the capability and<br />

capacity <strong>of</strong> its citizens and to<br />

grow the local economy.”<br />

Young people play key role<br />

in developing ecosystem<br />

For the past 18 months<br />

local youth have been<br />

gaining invaluable real<br />

world experience through the<br />

Digital Enablement Project.<br />

The youth-focused segment<br />

<strong>of</strong> this programme,<br />

called MADVentures (where<br />

the MAD stands for Make-A-<br />

Dent), has helped hundred <strong>of</strong><br />

local youth experience a wide<br />

range <strong>of</strong> entrepreneurial adventures<br />

- from coding classes<br />

in their local libraries to<br />

learn-by-doing events, such as<br />

Mashup.<br />

Venture Centre co-founder<br />

Pascale Hyboud-Peron says<br />

youth play a key role in building<br />

a successful local ecosystem<br />

for businesses and entrepreneurs.<br />

“We’ve seen time<br />

and again that youth are <strong>of</strong>ten<br />

not tooled with the sufficient<br />

or appropriate skills or understanding<br />

<strong>of</strong> business goals to<br />

be <strong>of</strong> value to owners, which<br />

is why we host learn-by-doing<br />

opportunities, so they can<br />

get experience under real-life<br />

business conditions.”<br />

One group <strong>of</strong> local teens<br />

who really benefited from<br />

this are known as BriteNZ.<br />

The Tauranga Girls’ College<br />

students harnessed many <strong>of</strong><br />

the programmes on <strong>of</strong>fer both<br />

through Venture Centre and in<br />

the region. It got them to the<br />

national finals <strong>of</strong> the Young<br />

Enterprise Scheme last year.<br />

But their YES success was just<br />

one <strong>of</strong> their wins throughout<br />

their business journey.<br />

Venture Centre has<br />

allowed us to build a<br />

network with people<br />

from not only the <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> but around<br />

the world.<br />

The team, made up <strong>of</strong> CJ<br />

Dobbs, Gabriella Eaton, Madison<br />

Sykes, Ashley Cundy<br />

and Abbey Herbison, worked<br />

for months, through multiple<br />

Venture Centre organised experiences,<br />

to test and refine<br />

their idea. “We started <strong>of</strong>f by<br />

entering our first Mashup with<br />

no clue as to what our product/<br />

service should be for this competitive<br />

hands-on prototyping<br />

weekend, so I pitched my idea<br />

for the iBrite,” Madison, who<br />

has Irlen syndrome, says.<br />

“The iBrite uses colour-changing<br />

LED technology<br />

to cast a colored light onto<br />

your workspace The colour<br />

relaxes the brain, which allows<br />

those with Irlen syndrome<br />

(commonly associated with<br />

dyslexia) to read and write<br />

with ease.”<br />

The iBrite can be recharged<br />

via USB and is portable so can<br />

be packed away in a school<br />

bag. “Our team has taken this<br />

idea to the next step. We have<br />

now created a product which is<br />

effective and efficient,” Madison<br />

says.<br />

“During Mashup, we<br />

worked to develop the roots<br />

<strong>of</strong> it. We were so excited<br />

when we were announced supreme<br />

winner. From there we<br />

were pumped and decided to<br />

enter the Young Enterprise<br />

Scheme.”<br />

They went on to launch<br />

their business to the public in<br />

<strong>August</strong> last year at Basestation.<br />

And then to win the regional<br />

Young Enterprise Scheme<br />

dragon’s den. Subsequently<br />

buoyed by their success, they<br />

also entered their product as a<br />

contender for the Young Innovator<br />

Awards (YIA) last year,<br />

where they took out the top<br />

senior prize.<br />

Madison says Venture Centre<br />

has been an important part<br />

<strong>of</strong> their entire journey. “The<br />

team at Venture Centre are<br />

an inspiration! Being able to<br />

work alongside them has been<br />

an amazing opportunity. They<br />

are all extremely knowledgeable<br />

and genuinely want to see<br />

you succeed. They are able to<br />

point you in the right direction<br />

when you are lost, push you<br />

forward when you are stuck<br />

and celebrate your successes,”<br />

she says.<br />

“Venture Centre has allowed<br />

us to build a network<br />

with people from not only<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> but around<br />

the world. I have also learned<br />

many key skills which I can<br />

apply not only to my business<br />

but personal life. They have<br />

inspired me and shown me a<br />

world <strong>of</strong> opportunities is open<br />

to me.”<br />

Several <strong>of</strong> the team have<br />

headed <strong>of</strong>f to university this<br />

year while others are pursuing<br />

their startup opportunity.<br />

To learn more about the opportunities<br />

available to youth<br />

through Venture Centre, head<br />

to www.madventures.co.nz


BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 15<br />

A fair share <strong>of</strong> success<br />

A key part <strong>of</strong> Venture Centre’s Digital<br />

Enablement Project is its support <strong>of</strong><br />

founders at the earliest stages <strong>of</strong> their<br />

entrepreneurship journey, through its<br />

Instigator framework.<br />

One <strong>of</strong> the main aspects<br />

<strong>of</strong> Instigator is the provision<br />

<strong>of</strong> the nine-week<br />

CO.STARTERS course - where<br />

anyone with a great idea can<br />

test and validate it with the<br />

help <strong>of</strong> experienced founders<br />

who’ve already traversed the<br />

startup path.<br />

Local founder and entrepreneur<br />

Natashia Lucas used<br />

CO.STARTERS to work on her<br />

new idea, born from her experiences<br />

running the Tauranga<br />

Community co-op, which is an<br />

organised group <strong>of</strong> people who<br />

use collective buying power to<br />

access wholesale rates for organic<br />

wholefoods.<br />

SMEs are Powering On in our region<br />

Local SMEs have been one<br />

<strong>of</strong> the main beneficiaries<br />

<strong>of</strong> Venture Centre’s work<br />

delivering the region’s Digital<br />

Enablement Project over the<br />

past 18 months. One <strong>of</strong> the key<br />

parts <strong>of</strong> the DEP has been to<br />

help create a connected community<br />

<strong>of</strong> SME owners and<br />

experts, where they can easily<br />

access the help they need,<br />

when they need it.<br />

Venture Centre co-founder<br />

Pascale Hyboud-Peron said<br />

the team set up the framework<br />

through its Powering On website,<br />

which includes a digital<br />

assessment survey, a directory<br />

<strong>of</strong> local digital experts and a<br />

series <strong>of</strong> events and workshops<br />

for SMEs and locals who need<br />

help or training in order to<br />

meet their business goals.<br />

Nearly 100 local business<br />

owners have contributed to<br />

the region’s digital enablement<br />

“As awesome as co-ops<br />

are, they’re a pain in the butt to<br />

run,” Natashia says. “Timing<br />

issues, spreadsheet nightmares,<br />

reconciliation, it’s a long list <strong>of</strong><br />

disasters-in-waiting. I used to<br />

use the best s<strong>of</strong>tware out there<br />

for co-ops, but it wasn’t working<br />

the way we needed it to.”<br />

Her startup idea was to create<br />

FareShare - an online platform<br />

that supports co-ops <strong>of</strong><br />

all descriptions. “It's an online<br />

shop for co-op members, but<br />

the real value lies in its ability<br />

to automate most <strong>of</strong> the admin<br />

and operational requirements<br />

<strong>of</strong> running a co-op. It's both the<br />

soulmate and super executive<br />

WHAT IS A CO-OP?<br />

According to Natashia Lucas co-ops generally start when<br />

a group <strong>of</strong> friends decide that they want to have access<br />

to wholesale pricing (mostly around organics). They buy in<br />

bulk and divide it among themselves. This simple model<br />

can quickly morph into an organisation involving hundreds<br />

<strong>of</strong> families. “It's about building community, making fresh<br />

food accessible at close to wholesale prices, and taking<br />

power back from large corporates!”<br />

goals, through sponsorship,<br />

pro-bono support and services<br />

to help other locals succeed.<br />

One such business is Ace<br />

the Gram, a local company<br />

specialising in building a dedicated<br />

Instagram following<br />

for your business (or personal<br />

brand) so you can make the<br />

most <strong>of</strong> the opportunities for<br />

business growth, sales and traffic<br />

that come from that following,<br />

along with the close relationships<br />

you can build with<br />

your community/target market.<br />

Tasha Meys and Vivien<br />

Conway, the two social media<br />

powerhouses behind Ace the<br />

Gram, used the connections,<br />

venue and ticketing system<br />

available through PoweringON<br />

to host a workshop teaching local<br />

business owners, marketers<br />

and educators about growth<br />

and engagement strategies for<br />

Instagram.<br />

QrtHori_BOPBN_Basestation_Oct17.pdf 1 17/10/17 10:37 AM<br />

assistant to busy co-ops!”<br />

Throughout the nine-week<br />

CO.STARTERS programme,<br />

Natashia thoroughly tested her<br />

idea to <strong>of</strong>fer a complete order<br />

and processing service online.<br />

She worked on the development<br />

<strong>of</strong> the business model and<br />

the s<strong>of</strong>tware itself.<br />

FareShare will be available<br />

at three subscription levels.<br />

The business model <strong>of</strong>fers different<br />

levels <strong>of</strong> service which<br />

are charged as a percentages<br />

<strong>of</strong> co-op turnover. “It’s about<br />

saving customers’ time to focus<br />

on doing what their hearts beat<br />

about.”<br />

Natashia says CO.START-<br />

ERS was incredibly helpful.<br />

“If I didn’t stumble across it, I<br />

would have landed in 100 pitfalls<br />

already, so I’m incredibly<br />

grateful for the theory, the practical<br />

nature, the support to go<br />

out and do the work and learning<br />

from experienced entrepreneurs,”<br />

she says.<br />

“I got so much out <strong>of</strong> it that<br />

I don’t feel the amount I paid is<br />

justified. I feel like I’ve stolen<br />

some information! I cannot recommend<br />

it highly enough.”<br />

Since CO.STARTERS,<br />

FareShare has been taking part<br />

in the SODA LIFT programme,<br />

where Natashia is being mentored<br />

by EcoStore founder and<br />

Fairground Foundation chairperson<br />

Malcolm Rands over a<br />

four month period.<br />

“The SODA LIFT programme<br />

has really propelled<br />

us forward, fast! It's helped us<br />

Vivien said the workshop<br />

was a great success. “The PoweringON<br />

workshops at Basestation<br />

were awesome! We had<br />

great feedback from participants,”<br />

she says.<br />

“We would absolutely recommend<br />

anyone wanting to<br />

hold workshops, and share<br />

their knowledge, work with the<br />

From left, EcoStore founder Malcolm Rands,<br />

with Tauranga Community Co-op’s Natashia<br />

and Michael Lucas. Photo/SUPPLIED<br />

Venture Centre team. Tash and<br />

I are big believers in playing to<br />

our strengths, so handing <strong>of</strong>f<br />

the organisation <strong>of</strong> the workshops<br />

worked so well for us!”<br />

Pascale said the DEP’s success<br />

is pro<strong>of</strong> that the region is<br />

full <strong>of</strong> passionate experts and<br />

residents who want to upskill.<br />

“Within their own community,<br />

see holes and gaps we never<br />

even knew existed. The same<br />

with opportunities and potential<br />

growth, which now seem viable,<br />

and also way grander than<br />

we ever imagined,” Natashia<br />

says.<br />

“It's also practical. The hard<br />

groundwork gets done, no stone<br />

left unturned. It's intense, asks<br />

questions <strong>of</strong> everything and<br />

can be brutally honest. Which<br />

is exactly what you need when<br />

you're building a business from<br />

the ground up. If everything<br />

doesn't get tested now, your<br />

customers will test it, and then<br />

you'll be trying to figure out<br />

how to fix things in retrospect!”<br />

She says the work Venture<br />

Centre does in the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> community is essential<br />

to support new businesses. “I<br />

wouldn’t have even known<br />

about the SODA LIFT programme<br />

without Venture Centre's<br />

invaluable connections and<br />

partnership with business incubator<br />

SODA Inc.”<br />

Callaghan Innovation is<br />

now also looking at Venture<br />

Centre’s Instigator framework<br />

as a model which will allow<br />

them to understand the earliest<br />

stages <strong>of</strong> development <strong>of</strong> entrepreneurs.<br />

To find out more about the<br />

Instigator programmes, go<br />

https://instigator.nz.<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> residents have<br />

gained access to the specific<br />

knowledge they need, at the<br />

right time found the right tools<br />

to work on their goals and purposes,”<br />

she said.<br />

To access PoweringON’s directory<br />

and events listings,<br />

head to www.poweringon.nz<br />

MADVentures – events for youth<br />

Codebrite Term Time After School<br />

31 <strong>July</strong> to 18 September (weekly)<br />

3:00pm to 5:00pm<br />

PoweringON – events for<br />

business owners<br />

Office Hours Financials with Crowe<br />

Horwath<br />

6 <strong>August</strong> <strong>2018</strong>, 11:00am to 12:00pm<br />

Office Hours <strong>Business</strong> Buying Success<br />

with Ingham Mora<br />

8 <strong>August</strong> <strong>2018</strong>, 11:00am to 12:00pm<br />

Office Hours Marketing Strategy and<br />

Planning with Marketing on Demand<br />

9 <strong>August</strong> <strong>2018</strong>, 3:00pm to 5:00pm<br />

Office Hours Legal with Mackenzie Elvin<br />

20 <strong>August</strong> <strong>2018</strong>, 11:00am to 1:00pm<br />

Office Hours Sales and Marketing with<br />

Bravesight<br />

16 <strong>August</strong> <strong>2018</strong>, 10:30am to 12:30pm<br />

Xero Meetup - Job Management<br />

S<strong>of</strong>tware<br />

16 <strong>July</strong> <strong>2018</strong>, 11:00am to 1:00pm<br />

Digital Marketing Channels 101<br />

28 <strong>August</strong> <strong>2018</strong>, 9:30am to 10:30am<br />

The Pitches - Tauranga Startup<br />

Weekend<br />

2 September <strong>2018</strong>, 5:00pm to 8:30pm<br />

Instigator – events for founders<br />

Entrepreneurs Everywhere – Your<br />

Startup Weekend Toolkit<br />

15 <strong>August</strong> <strong>2018</strong>, 5:30pm to 7:30pm<br />

Angelic Drop-In Clinic<br />

16 <strong>August</strong> <strong>2018</strong>, 4:30pm to 6:30pm<br />

The Social Innovation Opportunity for<br />

Tauranga<br />

27 <strong>August</strong> <strong>2018</strong>, 9:30am to 1:00pm<br />

Tauranga Startup Weekend<br />

31 <strong>August</strong> - 2 September <strong>2018</strong><br />

Workshops/Events in our wider<br />

community<br />

Tauranga Social Enterprise Meetup<br />

21 <strong>August</strong> <strong>2018</strong><br />

Plug-in & power up<br />

C<br />

M<br />

Y<br />

CM<br />

MY<br />

CY<br />

CMY<br />

K<br />

Coworking – way<br />

more than a desk!<br />

Be our guest, take<br />

a tour & enjoy a<br />

c<strong>of</strong>fee on the house<br />

• Desks, secure <strong>of</strong>fices, team spaces<br />

• Flexible terms - come for a day,<br />

a week, month or year<br />

• Event and Meeting rooms free<br />

with residency or book as needed<br />

• Uncapped internet<br />

• Tech support and award<br />

winning barista onsite<br />

Designed, managed and run by<br />

Get in touch 0800 000557<br />

info@basestation.co.nz<br />

148 Durham Street, Tauranga<br />

The Communication & Technology Space<br />

join us!


16 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

FOSTERS –<br />

Making it happen<br />

The Foster Construction Group is an iconic construction<br />

company based in the Waikato.<br />

Started in 1973, the company<br />

has successfully<br />

completed major construction<br />

projects throughout<br />

the Waikato and BOP regions,<br />

including Claudelands Events<br />

Centre in Hamilton, Te Whare<br />

Wānanga o Awanuiārangi<br />

Campus redevelopment in<br />

Whakatane, Kmart development<br />

in Rotorua and the<br />

Oceans Resort complex in<br />

Whitianga.<br />

Foster Construction, a subsidiary<br />

<strong>of</strong> the Foster Group,<br />

is currently working on the<br />

<strong>Bay</strong>fair Shopping Centre<br />

expansion.<br />

This project includes a new<br />

Countdown supermarket, a<br />

reconfigured food precinct, six<br />

movie theatres, and an additional<br />

9,000 square metres <strong>of</strong><br />

retail space.<br />

The Foster Group, having<br />

recently completed projects in<br />

Tauriko, has decided to set up<br />

a permanent base in Tauranga.<br />

Allan Bradshaw, Foster<br />

The Foster Group<br />

way is to make it<br />

easy, make it happen<br />

and make it right.<br />

Team Leader for the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>, said that “the timing<br />

could not be better”.<br />

Allan went on to say: “As<br />

a result <strong>of</strong> the <strong>Bay</strong>fair Project,<br />

we have been working our way<br />

towards providing a full service<br />

<strong>of</strong>fering in the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>.”<br />

The Foster Group operates<br />

in the commercial construction<br />

sector, which includes mixed<br />

use residential developments,<br />

healthcare, and retirement<br />

villages.<br />

Complementing Foster<br />

Construction is Foster<br />

Maintain, another Foster Group<br />

Company, which specialises in<br />

repurposing buildings through<br />

fitouts, recladding, earthquake<br />

strengthening and planned<br />

and responsive maintenance.<br />

Collectively, these two companies<br />

<strong>of</strong>fer a complete property<br />

service, which supports<br />

the Foster Group’s purpose <strong>of</strong><br />

“great communities through<br />

strong foundations”.<br />

“The Foster Group way is<br />

to make it easy, make it happen<br />

and make it right,” says Allan.<br />

“We are focused on creating<br />

value for our clients, by<br />

understanding their goals and<br />

working with them to achieve<br />

them.<br />

“We are a well-established<br />

and a very reliable company.<br />

We’re very client-orientated<br />

In a relativity short<br />

space <strong>of</strong> time we<br />

have built a very<br />

capable, Tauranga<br />

based full time team.<br />

We have made a<br />

financial commitment.<br />

The goal for us is to<br />

ensure sustainable<br />

employment for our<br />

Tauranga-based<br />

team.<br />

and we work with them to<br />

achieve their goals, and we<br />

deliver on that”.<br />

Fosters have recently<br />

secured an <strong>of</strong>fice / warehouse<br />

space in Mt Maunganui.<br />

“In a relativity short space<br />

<strong>of</strong> time we have built a very<br />

capable, Tauranga based full<br />

time team, says Allan. He<br />

adds: “We have made a financial<br />

commitment. The goal<br />

for us is to ensure sustainable<br />

employment for our Taurangabased<br />

team.”<br />

Allan Bradshaw, Foster Team Leader for the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>.<br />

TERMS<br />

OF TRADE<br />

CREDIT<br />

CHECKING /<br />

MONITORING<br />

DEBT<br />

COLLECTION<br />

Nick from<br />

EC Credit Control<br />

is the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>s leading<br />

debt prevention<br />

expert.<br />

CREDIT<br />

MANAGEMENT<br />

TRAINING<br />

FOR A NO OBLIGATION MEETING CALL OR EMAIL NICK TODAY<br />

nick.kerr@eccreditcontrol.co.nz | P: 027 713 2128<br />

0800 EC GROUP | www.eccreditcontrol.co.nz


BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 17


18 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Tax enhancements on the way<br />

A new Bill introduced into Parliament<br />

proposes to make tax easier and simpler<br />

for individuals as well as including a raft <strong>of</strong><br />

business-friendly changes.<br />

The headline-grabbing<br />

change is that the new<br />

legislation will mean automatic<br />

tax refunds for around<br />

750,000 New Zealanders,<br />

according to the Minister <strong>of</strong><br />

Revenue, Stuart Nash.<br />

Under the proposed change,<br />

wage and salary earners will not<br />

be required to request a Personal<br />

Tax Summary (PTS) or file a<br />

tax return – as they currently do<br />

– in order to get a refund from<br />

the IRD.<br />

Not mentioned in the Minister’s<br />

media statement is that the<br />

change will also mean automatic<br />

tax to pay where a taxpayer<br />

hasn’t paid enough. The government<br />

is acutely aware <strong>of</strong> taxpayers<br />

being able to work out<br />

whether they have paid enough<br />

tax or not before requesting a<br />

PTS, and so being able to cherry-pick<br />

tax refunds.<br />

The system will work by<br />

the IRD making available to a<br />

taxpayer at the end <strong>of</strong> the year a<br />

pre-populated account that sets<br />

out the wage/salary and passive<br />

investment income (eg. interest,<br />

dividends) the taxpayer has<br />

received during the year. The<br />

IRD will have details <strong>of</strong> this<br />

information having received it<br />

directly from the employer and<br />

investments entities.<br />

If the IRD is satisfied that<br />

the information is complete and<br />

represents all the taxpayer’s income,<br />

or where a taxpayer confirms<br />

this to be the case, the IRD<br />

will automatically calculate the<br />

refund or amount <strong>of</strong> tax to pay<br />

without the taxpayer needing to<br />

provide additional information.<br />

If a taxpayer has more than<br />

$200 <strong>of</strong> other types <strong>of</strong> income,<br />

or the IRD suspects they have,<br />

they will be required to provide<br />

details to the IRD either electronically<br />

or manually. The tax<br />

assessment will occur when the<br />

taxpayer has confirmed the information<br />

is complete, or when<br />

IRD is satisfied the information<br />

is complete.<br />

Taxpayers will be able to<br />

provide the IRD with details<br />

<strong>of</strong> deductions and tax credits,<br />

including credits for donations<br />

so this can be factored into the<br />

IRD’s calculation <strong>of</strong> income.<br />

These changes will apply in<br />

respect <strong>of</strong> the tax year ended 31<br />

March, 2019 and future years.<br />

Other key changes included<br />

in the Bill include:<br />

Correct tax rates – The IRD<br />

will proactively notify taxpayers<br />

and their investment providers<br />

<strong>of</strong> their correct or optimal<br />

tax rates and codes where their<br />

current ones are wrong or not<br />

suitable.<br />

Donation tax credits –Taxpayers<br />

will be able to submit<br />

donation receipts electronically<br />

to IRD during the year and<br />

have the refund issued without<br />

the need to submit a tax credit<br />

claim request.<br />

Correcting tax errors – Errors<br />

from previous tax return<br />

periods will be able to be corrected<br />

in subsequent years’<br />

income tax and GST returns<br />

where the total error is less than<br />

both $10,000 and two percent<br />

<strong>of</strong> the taxpayer’s taxable income<br />

or GST output liability.<br />

IRD advice - A simplified<br />

and cheaper binding ruling<br />

system for smaller taxpayers<br />

seeking IRD’s written view and<br />

advice on their tax positions.<br />

The Bill also includes enhancements<br />

to KiwiSaver<br />

based on the Retirement Commissioner’s<br />

recommendations<br />

from the last review in December<br />

2016.<br />

The Bill proposes that over<br />

65-year-olds will be able to join<br />

REGULATORY MATTERS<br />

> BY GRANT NEAGLE<br />

Grant Neagle, a director at Ingham Mora Chartered Accountants<br />

in Tauranga, is a business advisor and tax specialist. He can be<br />

contacted on 07- 927- 1225 or grant@inghammora.co.nz<br />

KiwiSaver; they are currently<br />

not permitted to. The benefit is<br />

that it would give over 65s access<br />

to KiwiSaver as a provider<br />

<strong>of</strong> low-cost managed funds.<br />

Further, six percent and 10<br />

percent employee KiwiSaver<br />

contribution rates will be added<br />

to the existing three, four and<br />

eight percent rates. These will<br />

give members more flexibility<br />

to self-select a contribution rate<br />

more aligned with their financial<br />

circumstances and the retirement<br />

savings outcomes they<br />

want to achieve.<br />

As well, the maximum fiveyear<br />

contribution holiday that<br />

members can elect to take will<br />

be reduced to a maximum period<br />

<strong>of</strong> one year. The rationale<br />

being that a period <strong>of</strong> five years<br />

is <strong>of</strong>ten a lot longer than necessary<br />

for a member’s financial<br />

position to improve to the point<br />

where they could resume KiwiSaver<br />

contributions. A fiveyear<br />

holiday can have a significant<br />

impact on a member’s<br />

long-term savings.<br />

Overall the proposed<br />

changes in the Bill are taxpayer-friendly<br />

and further support<br />

the gradual move by the government<br />

to a more modern and<br />

simplified tax system.<br />

The comments in this article<br />

are <strong>of</strong> a general nature<br />

and should not be relied on<br />

for specific cases, where readers<br />

should seek pr<strong>of</strong>essional<br />

advice.<br />

Seminar - 7 Ways to<br />

Grow your <strong>Business</strong><br />

Stick to your knitting<br />

or pass on the needles<br />

There are many important learnings<br />

you’ll take out <strong>of</strong> Ingham Mora’s 7<br />

Ways to Grow your <strong>Business</strong> seminar.<br />

One is that if we fail to plan, we plan to fail!<br />

Ingham Mora provided us with<br />

some excellent guidance and<br />

fresh perspective on different<br />

matters, overall it's given us a<br />

much-needed boost!<br />

If you already have a plan for your business<br />

that’s great. If we asked you to describe<br />

your key goals for the year and how you<br />

will achieve them could you? Or would you<br />

start to get a bit hazy? What about last year’s<br />

goals?<br />

There’s a big difference between having<br />

a plan in your head and making one with a<br />

business partner who will keep you accountable<br />

and on track. Pressing repeat on last<br />

TAURANGA OFFICE<br />

07 927 1200 | info@inghammora.co.nz<br />

Level 2, 60 Durham Street<br />

PO Box 222, TAURANGA 3140<br />

www.inghammora.co.nz<br />

year is not a plan – it won’t help you improve<br />

the business. It won’t give you more<br />

money, more time or less stress.<br />

A proper business plan will ensure you<br />

put steps in place to make real changes.<br />

Some feedback from a recent business planning<br />

session we ran with a client:<br />

“After 11 years in business taking a few<br />

hours out <strong>of</strong> the business, to work on the<br />

business, with the <strong>Business</strong> Planning Session<br />

has been a valuable, and rewarding<br />

experience for us. It's helped us to refocus<br />

ourselves and given us tangible goals and<br />

timeframes to work towards. Ingham Mora<br />

provided us with some excellent guidance<br />

and fresh perspective on different matters,<br />

overall it's given us a much-needed boost!”<br />

If your business could use some new direction<br />

come along to our 7 Ways to Grow<br />

your <strong>Business</strong> Seminar on Wednesday 29<br />

<strong>August</strong> at Tauranga Yacht Club. Register at<br />

eventspronto.co.nz/7ways.<br />

I’ve recently seen a few things that<br />

other advisors could really learn from.<br />

I<br />

have learned that in 11<br />

years <strong>of</strong> providing debt collection<br />

and debt prevention<br />

systems to my clients in the<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>, I’ve become<br />

very good at it. The value<br />

I can bring to my clients in<br />

this area is, by my estimation,<br />

unparalleled. Over the<br />

past decade or so, I’ve met<br />

with on average three businesses<br />

a day, each with their<br />

own struggles, USPs, niches,<br />

styles and approaches.<br />

That means I have listened<br />

to more than 11,000 scenarios<br />

from nearly every industry. A<br />

typical daily snapshot looks<br />

like this: In the early morning<br />

I met with a $600 per hour<br />

commercial lawyer in a plush<br />

CBD <strong>of</strong>fice , mid-morning I<br />

was in a kohanga reo school<br />

discussing their errant accounts,<br />

and in the afternoon I<br />

was in a dairy shed with a man<br />

who makes synthetic cow<br />

parts for the artificial insemination<br />

Industry, discussing<br />

how to create terms <strong>of</strong> trade to<br />

CREDIT MANAGEMENT<br />

> BY NICK KERR<br />

Nick Kerr is Area Manager BOP for EC Credit Control NZ Ltd.<br />

He can be reached at nick.kerr@eccreditcontrol.co.nz<br />

protect his business.<br />

For each industry that<br />

I work with, I research the<br />

transactional nature <strong>of</strong> the industry,<br />

the legislative requirements,<br />

and the most common<br />

points <strong>of</strong> contention that occur<br />

in those industries. If I’m<br />

to be trusted by these clients<br />

to protect them, then I make<br />

sure that I do just that.<br />

There is no shame in<br />

putting your client’s<br />

wellbeing above your<br />

own pride.<br />

But my real point here is<br />

that the amount <strong>of</strong> work I put<br />

in to become an expert in my<br />

field has given me enormous<br />

respect for other pr<strong>of</strong>essionals<br />

that do the same.<br />

We are <strong>of</strong>ten asked by cli-<br />

ents to weigh in with our opinions<br />

on a variety <strong>of</strong> other business<br />

issues. We can’t be expert<br />

on all <strong>of</strong> them. Yet I’ve heard<br />

so many advisors bluff and<br />

blunder their way through giving<br />

advice they have no place<br />

giving, simply because they<br />

feel saying they don’t know<br />

will cause them to lose face.<br />

In fact, deferring to the<br />

correct subject matter expert<br />

actually shows the ultimate<br />

respect for your client and also<br />

for the expert that you refer<br />

them to, strengthening both<br />

relationships.<br />

Areas where we know that<br />

we lack expert knowledge<br />

give us an opportunity to show<br />

pr<strong>of</strong>essional courtesy to our<br />

fellow advisors. We should<br />

say: “Unfortunately, I’m not<br />

an expert on that issue, but I<br />

know just the right person, and<br />

I’m sure they would be happy<br />

to discuss that with you.”<br />

There is no shame in putting<br />

your client’s wellbeing<br />

above your own pride. It’s the<br />

difference between being a<br />

mere functionary and a trusted<br />

advisor. I know which one I<br />

would rather be.


WORKPLACE HEALTH AND SAFETY<br />

19<br />

Post-harvest<br />

company report looks<br />

at worker satisfaction<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> post-harvest operator<br />

Trevelyan’s Pack and Cool is taking worker<br />

wellbeing seriously. The company recently<br />

released a detailed report on how it is<br />

caring for its seasonal workers, in response<br />

to reports that workers are being exploited<br />

in the wider kiwifruit sector.<br />

By DAVID PORTER<br />

The spotlight has been<br />

on packhouse pay and<br />

conditions amid a seasonal<br />

labour shortage. But<br />

Trevelyan’s executive director<br />

Alister Hawkey says the industry<br />

has been mis-represented.<br />

We want to share our<br />

successes, but we<br />

also want to share<br />

our challenges.<br />

Some <strong>of</strong> our biggest<br />

challenges are<br />

industry-shared<br />

opportunities that<br />

we need to start<br />

working on.<br />

He cited information in the<br />

fourth <strong>of</strong> the annual Sustainability<br />

Report the company<br />

commissions, released in June.<br />

“The report is an in-depth<br />

look at our economic, social<br />

and environmental performance<br />

in 2017 and a huge part<br />

<strong>of</strong> that is detailing the steps we<br />

take to respect and look after<br />

our people,” said Hawkey.<br />

Trevelyan’s annual staff<br />

satisfaction survey showed 98<br />

percent <strong>of</strong> permanent staff reported<br />

either medium or high<br />

job satisfaction – a trend that<br />

has been steadily rising over<br />

the past four years.<br />

The report outlines Trevelyan’s<br />

efforts to promote staff<br />

wellness, which includes running<br />

“The Front Row” programme<br />

in association with<br />

All Blacks’ strength and conditioning<br />

coach, Nic Gill.<br />

Healthy eating is also a<br />

priority and Trevelyan’s has<br />

introduced a nutritious salad<br />

and vegetable bar at their onsite<br />

café to benefit employees,<br />

and regularly organise fun run/<br />

walks and wellness information<br />

sessions to help care for<br />

staff.<br />

“The recent media reports<br />

have presented a very narrow<br />

view <strong>of</strong> the kiwifruit industry,”<br />

he said. “The fact is, our<br />

packhouses are a nice place<br />

to work. The staff facilities<br />

are excellent. Our staff have<br />

a great time here and many<br />

don’t want the packing season<br />

to come to an end.”<br />

Hawkey says there are<br />

huge career opportunities in<br />

the industry across many areas<br />

like HR, accountancy, engineering,<br />

plus science roles in<br />

laboratory and mapping teams<br />

and IT roles including data<br />

analysis and programming.<br />

“Our seasonal roles are<br />

also many and varied – packing,<br />

stacking, grading, strapping,<br />

forklifts, logistics, data<br />

management, sampling and<br />

other quality roles.<br />

“This enables us to place<br />

people where we feel they<br />

will do well or give them<br />

some variety. We have a<br />

whole lot <strong>of</strong> things going on<br />

in our company to help people<br />

achieve whatever they want to<br />

achieve.”<br />

The kiwifruit and avocado<br />

industries are undergoing<br />

remarkable growth, with new<br />

orchard developments and<br />

great financial returns.<br />

Reporting on progress: Trevelyan’s Alister Hawkey and Rachel Brodie. Photo/Supplied.<br />

Trevelyan’s says its average<br />

Orchard Gate Return<br />

(OGR) per hectare is 12 percent<br />

above the industry average<br />

for its growers for both<br />

Hayward and SunGold conventional<br />

kiwifruit.<br />

Zespri chief grower and alliances<br />

<strong>of</strong>ficer Dave Courtney<br />

says the report is a welcome<br />

window into the kiwifruit industry.<br />

“We’re really pleased to<br />

see some <strong>of</strong> the excellent employment<br />

and sustainability<br />

initiatives underway at Trevelyan’s<br />

highlighted and quantified<br />

here.”<br />

The report also looks at<br />

the company’s sustainability<br />

outcomes. Trevelyan’s sustainability<br />

co-ordinator Rachel<br />

Brodie says the concept<br />

<strong>of</strong> sustainability is now mainstream<br />

and the annual report<br />

was a great way for people to<br />

get to know the company better.<br />

She says Trevelyan’s has<br />

now achieved a 62 percent<br />

reduction <strong>of</strong> greenhouse gas<br />

emissions compared to its base<br />

levels recorded in 2010, with<br />

new technology and refrigerant<br />

gasses promising to drop<br />

that level even further.<br />

“We want to share our successes,<br />

but we also want to<br />

share our challenges. Some<br />

<strong>of</strong> our biggest challenges are<br />

industry-shared opportunities<br />

that we need to start working<br />

on. This report is a great way<br />

<strong>of</strong> starting a conversation with<br />

our growers and suppliers.”<br />

Imagine leaving work<br />

healthier than when<br />

you arrived...<br />

By LARA STANCICH<br />

CREATING WORKPLACE<br />

DESIGN BRILLIANCE<br />

FOR TWENTY YEARS<br />

STACK Workplace Strategy<br />

and Design Specialist<br />

Imagine at the end <strong>of</strong> the<br />

workday that you feel<br />

calm and on top <strong>of</strong> things,<br />

mentally clear and ready for<br />

everything you want to do<br />

after work. You feel physically<br />

energised, relaxed, and<br />

healthy because your physical<br />

work environment and culture<br />

actively supports your health<br />

and wellbeing.<br />

That’s the goal we’re helping<br />

achieve for the growing<br />

numbers <strong>of</strong> businesses in New<br />

Zealand that are now placing<br />

high importance on the health<br />

and wellbeing <strong>of</strong> their staff.<br />

Many more <strong>of</strong> the workplace<br />

design briefs coming<br />

across our desks are now<br />

requesting this as a priority.<br />

Healthy workplaces are not<br />

being pursued just because<br />

it’s a good perk, but rather<br />

because improved staff health<br />

and wellbeing impact the bottom<br />

line.<br />

Companies can help support<br />

and sustain the wellbeing<br />

<strong>of</strong> their staff by encouraging<br />

healthy habit-building – both<br />

physically and culturally.<br />

Creating space for their staff<br />

to discuss and support each<br />

other, for example through<br />

facilitated workshops that give<br />

people the freedom to talk<br />

about wellness, explore new<br />

ideas and take action together<br />

on wellness objectives, should<br />

be continued until people have<br />

developed a “wellbeing habit”.<br />

Alongside a culture <strong>of</strong> wellness,<br />

companies are realising<br />

that the right physical environment<br />

is paramount with light,<br />

nature, air quality and ergonomic<br />

comfort as key factors.<br />

These concepts are echoed<br />

by The Well Institute, whose<br />

research has revealed that the<br />

physical workspace is one <strong>of</strong><br />

the top three factors affecting<br />

performance and job satisfaction.<br />

They advocate a holistic<br />

approach to staff wellbeing,<br />

considering the factors <strong>of</strong> air,<br />

water, nourishment, light, fitness,<br />

comfort and mind.<br />

When embarking on a<br />

workplace strategy or workspace<br />

design, the STACK team<br />

are highly motivated to create<br />

healthier work environments<br />

that support staff wellbeing.<br />

Maximising the penetration<br />

<strong>of</strong> natural light into the space,<br />

careful attention to lighting,<br />

and the incorporation <strong>of</strong><br />

plants are part <strong>of</strong> our standard<br />

approach. Encouraging people<br />

to change posture and move<br />

around throughout the day,<br />

rather than sitting hunched at<br />

their desk, is one <strong>of</strong> the many<br />

benefits <strong>of</strong> our Reality Based<br />

Work approach.<br />

We also understand the<br />

importance <strong>of</strong> social interaction<br />

and connectedness, ensuring<br />

that the spaces we design<br />

respond to the different ways<br />

<strong>of</strong> working that people require.<br />

Every business benefits from a well-designed workspace - where the needs <strong>of</strong><br />

your team, your customers and other visitors are thoughtfully accommodated<br />

to maximise productivity and bring your brand to life.<br />

For 20 years STACK Interiors have designed business and <strong>of</strong>fice interiors that<br />

delight and inspire - where people love to work and where functionality is never<br />

compromised. Whatever the size <strong>of</strong> your business we deliver on time and on<br />

budget. Every time.<br />

We <strong>of</strong>fer services at each stage <strong>of</strong> the process:<br />

• Property Options Analysis<br />

• Workplace Strategy<br />

• Design from concept to construction<br />

• Quantity Surveying<br />

• Project Management<br />

• Relocation Management<br />

• We also provide services for landlords and property managers<br />

Get in touch for a chat about how we can design your new workplace,<br />

futurepro<strong>of</strong> your current space or help you attract tenants.<br />

Call Annmaree Kane on<br />

+64 21 193 8416<br />

or David Maurice on<br />

+64 21 231 9015<br />

E annmaree@stack.co.nz<br />

Ground Floor, 29 Grey Street, Tauranga<br />

V4980L


20 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Meet your business<br />

safety obligations with<br />

WorksafeReps training<br />

WorksafeReps has<br />

been successfully<br />

delivering workplace<br />

health and safety training<br />

since 2003.<br />

Our courses are designed<br />

to ensure that business owners<br />

and employees understand<br />

their responsibilities, either<br />

as a H&S Representative and/<br />

or as a manager/supervisor,<br />

under the current health and<br />

safety legislation (Health and<br />

Safety at Work Act 2015).<br />

The courses start with an<br />

initial training in the basic<br />

knowledge requirement for<br />

H&S representatives in the<br />

workplace.<br />

Participants are awarded<br />

the unit standard 29315 –<br />

Describe the role and functions<br />

<strong>of</strong> the health and safety representative<br />

in a New Zealand<br />

workplace - after successfully<br />

completing the course.<br />

Our Stage 2 course focuses<br />

on managing risks, building<br />

knowledge and skills<br />

in hazard and risk management,<br />

and injury and accident<br />

investigation.<br />

The course covers important<br />

concepts, legal requirements<br />

and practical skills<br />

in hazard and risk management,<br />

and injury and accident<br />

investigation.<br />

The Stage 3 course<br />

(Advanced Training) extends<br />

participants’ skills so they can<br />

take an active part in injury<br />

management and continuous<br />

improvement <strong>of</strong> health and<br />

safety practice, to increase<br />

productivity and ensure that<br />

all workers can go home safely<br />

after work.<br />

The Manager course is<br />

designed for managers, supervisors,<br />

team leaders, and<br />

board members.<br />

This makes them aware <strong>of</strong><br />

the health and safety legislation<br />

so that they understand<br />

the legislative responsibilities<br />

<strong>of</strong> a person conducting a business<br />

or undertaking (PCBU).<br />

The courses can be completed<br />

either face-to-face over<br />

two days, online or through a<br />

blended learning <strong>of</strong> one day in<br />

the classroom plus an online<br />

assessment.<br />

The courses are run in a<br />

friendly, non-threatening<br />

environment with the aim <strong>of</strong><br />

informing workers, managers<br />

and those in a governance<br />

role, <strong>of</strong> their rights and obligations<br />

under the 2015 legislation.<br />

For further information<br />

please contact us on 0800 336<br />

966 or visit our website www.<br />

worksafereps.org.nz <strong>of</strong> email<br />

us at info@worksafereps.<br />

org.nz<br />

WORKPLACE HEALTH AND SAFETY<br />

Ergonomics - more than<br />

just <strong>of</strong>fice furniture…<br />

Human Habitats is a<br />

single source provider<br />

for creating holistic<br />

and thoughtful <strong>of</strong>fice work<br />

environments based on the<br />

discipline <strong>of</strong> ergonomics and<br />

design as a catalyst for positive<br />

and healthy change.<br />

A new chair is not always<br />

the cause <strong>of</strong> a sore back or<br />

shoulder.<br />

How you are working at<br />

your desk can have just as<br />

much impact on how you feel<br />

at the end <strong>of</strong> the day.<br />

And one size doesn’t fit all<br />

- purchasing the right equipment<br />

is important to help<br />

prevent injury and assist any<br />

recovery.<br />

Amazing team<br />

<strong>of</strong> pr<strong>of</strong>essionals<br />

with an in-depth<br />

understanding <strong>of</strong><br />

our business, its<br />

<strong>of</strong>fice needs, and<br />

our client’s interiors,<br />

- Sue is great to<br />

work with!<br />

– Lionel Taylor,<br />

Designer<br />

After 25 years <strong>of</strong> experience<br />

in the industry, Human<br />

Habitat’s owner Sue Boyne<br />

delivers a sound knowledge<br />

and understanding <strong>of</strong> ergonomics<br />

in the workplace and<br />

the benefits it can bring to<br />

people’s overall health and<br />

wellbeing.<br />

She is passionate about<br />

creating environments with<br />

the human user in mind and<br />

recognises the individual differences<br />

in people’s capacity.<br />

There are some simple<br />

formulas that can be<br />

applied to help to alleviate<br />

you or your staff’s pain and<br />

discomfort:<br />

PROCESS:<br />

1. Survey all staff to gauge<br />

current levels <strong>of</strong> discomfort<br />

and interest<br />

2. Organise Group<br />

Awareness Meeting – ½ hour<br />

mini seminar<br />

3. Identify those at risk ie.<br />

Currently experiencing some<br />

level <strong>of</strong> discomfort<br />

4. Individual assessments for<br />

those that need help, now!<br />

5. Include workstation<br />

assessment for new staff as<br />

part <strong>of</strong> orientation<br />

6. Introduce regular site visits<br />

– arranged with HR by<br />

department<br />

Sue’s assessment<br />

<strong>of</strong> my workspace<br />

was excellent. I<br />

was surprised at<br />

how some minor<br />

changes have made<br />

such a difference.<br />

I thoroughly<br />

recommend her<br />

services.<br />

– Sue Hawkins,<br />

Programme Manager<br />

OUTCOME:<br />

1. Reduce current levels <strong>of</strong><br />

discomfort<br />

2. Educate for ‘Prevention<br />

rather than Cure’<br />

3. Understand what products<br />

to purchase and why<br />

Human Habitats <strong>of</strong>fers<br />

multi faceted <strong>of</strong>fice environment<br />

solutions to organisations<br />

<strong>of</strong> all sizes, with a strong focus<br />

on space planning, furniture<br />

procurement, ergonomics,<br />

health & safety, ongoing support<br />

and education<br />

Why Use<br />

WorksafeReps?<br />

• We are NZ’s Best Health & Safety Training<br />

Organisation<br />

• Because you know a safe workplace creates a<br />

happier more productive workforce<br />

• You want your HSRs to help you to create a<br />

Health and Safety system for your business<br />

• Having Unit Standard qualification is<br />

important to You<br />

• Because you believe Health & Safety is about<br />

education, not dictation<br />

Check out our upcoming health and<br />

safety courses in your area at<br />

www.worksafereps.co.nz<br />

or call us 0800 336 966


WORKPLACE HEALTH AND SAFETY<br />

21<br />

The living wage<br />

and its alternatives<br />

The Living Wage is calculated independently each year by the<br />

New Zealand Family Centre Social Policy Unit. It’s based around<br />

the concept <strong>of</strong> establishing the income necessary to provide<br />

workers and their families with the necessities <strong>of</strong> life, such as<br />

food, transport, housing and childcare, enabling them to live<br />

with dignity and actively participate in society. In other words, it’s<br />

based on having enough money to not merely live hand-to-mouth.<br />

But setting wages is<br />

always a balancing act<br />

between attracting and<br />

keeping skilled workers, and<br />

what the company can afford<br />

to pay.<br />

The Living Wage is a voluntary<br />

movement that has been<br />

gaining traction in New Zealand<br />

over the past few years,<br />

with now close to 100 employers<br />

committing to being Living<br />

Wage employers and treating<br />

this as their minimum rate,<br />

within their respective businesses.<br />

In New Zealand, nearly<br />

683,000 workers earn less<br />

than a Living Wage. For <strong>2018</strong>,<br />

the “new” living wage has<br />

been calculated to be $20.55<br />

per hour, $4.05 more than<br />

the minimum wage set by the<br />

government. This represents a<br />

fairly small increase <strong>of</strong> only 35<br />

cents more than the 2017 rate<br />

and the smallest increase since<br />

the concept was first launched<br />

back in 2013.<br />

Previously the annual rate<br />

has been set according to wage<br />

inflation. This year the rate<br />

was calculated after a review<br />

<strong>of</strong> the goods and services on<br />

which the calculation is based,<br />

to ensure it remained realistic<br />

and robust. The review utilised<br />

data from the Household<br />

Economic Survey, as well as<br />

new data sources that detail<br />

essential family needs, as well<br />

as expenses including energy,<br />

health, communication and education<br />

costs. This calculation<br />

is deemed to be more closely<br />

reflective <strong>of</strong> a true living wage<br />

within New Zealand.<br />

This new rate also takes<br />

account <strong>of</strong> the significant increases<br />

for families with dependent<br />

children because <strong>of</strong><br />

the Government’s Families<br />

Package, which is deemed to<br />

have s<strong>of</strong>tened the impact on<br />

households. Without the package,<br />

the rate would have been<br />

$22.45 – a difference <strong>of</strong> almost<br />

$2.00 an hour.<br />

I’m in full agreement that<br />

we need to raise the wage rates<br />

in New Zealand, particularly<br />

those for low-income earners.<br />

However, a balance is needed.<br />

For some businesses, especially<br />

the small businesses that<br />

predominate in New Zealand,<br />

simply <strong>of</strong>fering an increase in<br />

wages does not always represent<br />

a sound business proposition.Each<br />

employment case is<br />

stand-alone when it comes to<br />

setting a wage – whether for<br />

differing skill levels and experience,<br />

the role itself, time<br />

in the industry or company<br />

tenure.<br />

What it <strong>of</strong>ten comes down<br />

to is your employer brand and<br />

principles – that is, your reputation<br />

as an employer and<br />

your value proposition to your<br />

employees. Have you ever sat<br />

down and thought about what<br />

that is exactly? How do you<br />

think your company is perceived<br />

by your current and<br />

prospective future employees?<br />

It’s not always about the<br />

money. Yes, paying a fair and<br />

equitable hourly rate that takes<br />

into account today’s cost <strong>of</strong><br />

living is necessary. But if a<br />

company cannot afford to <strong>of</strong>fer<br />

higher wages, there are other<br />

benefits that can be considered<br />

and are seen as <strong>of</strong> value by employees<br />

in today’s employment<br />

market. For example, it’s important<br />

to establish what drives<br />

your employees – would they<br />

value flexible working hours<br />

to fit around family or sport?<br />

Would it be meaningful for<br />

someone in your team to work<br />

from home one day a week?<br />

Be aware <strong>of</strong> what drives and<br />

HUMAN RESOURCES<br />

> BY KELLIE HAMLETT<br />

Director, Recruitment & HR Specialist, Talent ID Recruitment Ltd<br />

motivates them to be successful.<br />

Remuneration doesn’t always<br />

need to be in the form <strong>of</strong><br />

money and indeed can <strong>of</strong>ten<br />

be more valuable in the form<br />

<strong>of</strong> enhancing their work-life<br />

balance, with the added contribution<br />

for the employer <strong>of</strong><br />

increasing your brand among<br />

potential employees, productivity,<br />

staff retention rates –<br />

and more <strong>of</strong>ten than not, the<br />

bottom line.<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

businesses welcome<br />

new mobile health clinic<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> businesses<br />

are embracing a<br />

new way <strong>of</strong> providing<br />

health services to their staff – a<br />

mobile Fit For Work clinic.<br />

One <strong>of</strong> the country’s leading<br />

providers <strong>of</strong> occupational<br />

health services, Fit For<br />

Work has recently launched<br />

the clinic, which will travel to<br />

workplaces. The clinic has an<br />

occupational health doctor and<br />

three highly experienced occupational<br />

health nurses.<br />

KiwiRail <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

Area Operations Manager<br />

Simon Prevett says KiwiRail<br />

has used the services <strong>of</strong> Fit<br />

For Work doctor Ian Gourlay*<br />

for many years, and has been<br />

looking forward to the mobile<br />

clinic starting.<br />

“The value <strong>of</strong> having a<br />

mobile service in the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> means that we can have<br />

medical pr<strong>of</strong>essionals come to<br />

us when we need them, rather<br />

than having to disrupt staff to<br />

get them to a medical centre,”<br />

he said.<br />

The <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> is the<br />

first region to have one <strong>of</strong> the<br />

clinics.<br />

“We are really excited to be<br />

<strong>of</strong>fering this service in the <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong>,” says Fit For Work<br />

Director Lenny O’Connell.<br />

“We know many local businesses<br />

require staff to have<br />

checks to make sure they are<br />

safe and healthy in the workplace.<br />

Our mobile service<br />

means that these can now be<br />

Everyone benefits<br />

from a healthy<br />

workforce and our<br />

service is about<br />

making people fit for<br />

life as well as fit for<br />

work.<br />

done easily and to a high standard,<br />

without people having to<br />

go <strong>of</strong>f-site. The service integrates<br />

the collective expertise<br />

<strong>of</strong> occupational health nursing<br />

and occupational medicine.”<br />

If staff are unable to visit<br />

the mobile clinic on the day<br />

that it is at their workplace,<br />

they will be able to attend<br />

Fit For Work’s clinic at 26<br />

College Road, Riverslea Mall,<br />

Edgecumbe.<br />

Services <strong>of</strong>fered through the<br />

mobile clinic and Edgecumbe<br />

clinic will include pre-employment<br />

health assessments;<br />

health monitoring (hearing,<br />

vision and lung function tests);<br />

occupational health advice;<br />

specialty medical assessments<br />

(heat stress, breathing apparatus,<br />

pilot and Maritime NZ<br />

medicals); injury management;<br />

alcohol and drug testing; and<br />

vaccinations.<br />

“Everyone benefits from a<br />

healthy workforce and our service<br />

is about making people fit<br />

for life as well as fit for work,”<br />

says Mr O’Connell.<br />

For more information about<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> mobile clinic<br />

and new Edgecumbe clinic,<br />

visit fitforwork.co.nz.<br />

* (occupational medicine<br />

associate)<br />

Fit For Work, Fit For Life<br />

Now bringing Occupational Health<br />

services direct to businesses in the<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> region.<br />

Serviced by an occupational health<br />

doctor and three occupational<br />

health nurses.<br />

• Mobile Clinic<br />

• Workplace Health<br />

Monitoring<br />

(Hearing, vision and lung<br />

function testing)<br />

• Pre Employment Health<br />

Assessments<br />

• Specialty Medical<br />

Assessments<br />

(Heat stress, breathing<br />

apparatus, asbestos, pilot<br />

and maritime medicals)<br />

For enquiries, contact:<br />

0800 FIT FOR WORK<br />

enquiries@fitforwork.co.nz<br />

www.fitforwork.co.nz<br />

• Drug and Alcohol Testing<br />

• Injury Management<br />

Workplace Assessments<br />

• Flu Vaccinations<br />

• Occupational Health<br />

Advice


22 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

<strong>Bay</strong> Venues <strong>of</strong>fers fine food, fun and<br />

drift-triking fun for Christmas celebrations<br />

It’s that time <strong>of</strong> year again when social<br />

clubs around the country sit down and<br />

start to brainstorm how to make their<br />

Christmas party better than the last. Sure<br />

you could have a BBQ, invite everyone to<br />

the conference room for drinks, or even<br />

meet at the local park.<br />

But that’s all been done<br />

before. Why not celebrate<br />

the festive season<br />

at <strong>Bay</strong>park this year<br />

and indulge in a delicious<br />

Christmas feast created by our<br />

award-winning executive chef<br />

for just $45 + GST per person.<br />

The Christmas menu<br />

includes a sumptuous three<br />

course buffet served direct to<br />

your table. If you’re looking<br />

for a specially designed menu<br />

for your end-<strong>of</strong>-year celebration,<br />

our head chef is happy to<br />

sit down with you and create<br />

a menu that is suited to your<br />

tastes.<br />

At <strong>Bay</strong>park we <strong>of</strong>fer a range<br />

<strong>of</strong> different-sized rooms and<br />

free parking, with onsite audio<br />

visual and catering services.<br />

If you’re looking for that<br />

unique point <strong>of</strong> difference for<br />

your Christmas celebration,<br />

why not visit <strong>Bay</strong>Station where<br />

you and your party can try your<br />

hand at Drift-triking. These<br />

three-wheeled trikes, powered<br />

by an electric front wheel with<br />

unique drifting rear wheels, are<br />

guaranteed to thrill.<br />

And they are another invention<br />

from right here in the<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> as are Blokarts,<br />

which we’re also excited<br />

to launch at <strong>Bay</strong>park. Blokarts<br />

are a fun, fast, compact<br />

wind-powered go-kart, sailing<br />

is very easy and can be done by<br />

pretty much everyone. Impress<br />

your colleagues with a unique,<br />

exciting and truly home-grown<br />

invention.<br />

If you’re into comedy we’re<br />

guaranteed to tickle your funny<br />

bone at <strong>Bay</strong>park. Come on<br />

down and check out the Laugh<br />

Club, the perfect opportunity<br />

to whet your appetite for international<br />

comedy superstar Bill<br />

Bailey.<br />

After the 2016 sell-out tour,<br />

Larks in Transit, the UK’s very<br />

own straggle-haired polymath,<br />

returns to New Zealand with<br />

his new comedy and music extravaganza,<br />

Earl <strong>of</strong> Whimsy.<br />

It has Bailey’s trademark<br />

blend <strong>of</strong> satire and surrealism,<br />

stories and dismantled jokes,<br />

crowd sing-alongs, weird instruments<br />

and musical showstoppers.<br />

But there’s a distinctly historical<br />

feel to this show. With<br />

its tales <strong>of</strong> Britain’s fortunes<br />

past and present, <strong>of</strong> ancient Viking<br />

battles, <strong>of</strong> Shakespeare’s<br />

contribution to comedy, and<br />

Bill’s own ancestry, this is both<br />

a mockery and a celebration <strong>of</strong><br />

national identity.<br />

Tickets can be purchased at<br />

Ticketek for $89.90.<br />

And Laugh Club Mount<br />

Maunganui is back. Join us<br />

for two hours <strong>of</strong> comedy genius,<br />

featuring some <strong>of</strong> New<br />

Zealand’s best talent from 7<br />

Days, Jono & Ben & Aotearoha,<br />

for a special up close and<br />

personal show. If you enjoy a<br />

good laugh, this is a must attend<br />

event. Catch it from 8pm<br />

– 10pm, Saturday 28, <strong>July</strong>.<br />

Tickets only $30.00 available<br />

from Eventfinda.<br />

The Women’s Lifestyle<br />

Expo <strong>2018</strong> if you’ve been<br />

searching for the ultimate occasion<br />

for you and your girlfriends<br />

to get together, then this<br />

is it. With over 150 companies<br />

Blokarts (pictured) and Drift Trikes are among the new attractions at <strong>Bay</strong>park.<br />

involved in the two day event<br />

and thousands <strong>of</strong> visitors over<br />

the two days it will be a huge<br />

event for the community. From<br />

jewellery to health products,<br />

crafts, fitness, beauty, food,<br />

wine sampling and business<br />

products, home wares, cosmetics,<br />

fashion and so much more.<br />

This Expo is one event you<br />

don’t want to miss so mark<br />

the date in your diary now and<br />

book your girlfriends, Mum,<br />

daughters and loved ones in<br />

for the day. The Women’s<br />

Lifestyle Expo <strong>2018</strong> returns to<br />

Tauranga 25th & 26th <strong>August</strong><br />

at ASB <strong>Bay</strong>park. Door Sales<br />

available 10am-5pm both days.<br />

For more information on<br />

any events, enquires for <strong>Bay</strong>park<br />

venues, <strong>Bay</strong>Station and<br />

other activities or services<br />

on/<strong>of</strong>f site from <strong>Bay</strong>Catering,<br />

<strong>Bay</strong> Audio Visual visit<br />

www.asbbaypark.co.nz, email<br />

events@bayvenues.co.nz or<br />

call 07 577 8560.<br />

<strong>Business</strong> Expo to<br />

focus on regional<br />

growth opportunities<br />

Sharon Giblett, a director<br />

<strong>of</strong> event organisers<br />

Jigsaw Solutions Group,<br />

said the <strong>Business</strong> Expo was<br />

looking to grow and keep innovating<br />

following the success<br />

<strong>of</strong> its inaugural event earlier<br />

this year. The second <strong>Business</strong><br />

Expo has been scheduled for<br />

6 March, 2019 at the ASB<br />

<strong>Bay</strong>park Arena.<br />

Showcased as “where business<br />

gets done”, the inaugural<br />

event was on track to generate<br />

more than $1 million<br />

in business.<br />

Five months on the organisers<br />

were still hearing <strong>of</strong> success<br />

stories, new collaborations<br />

and business being done,<br />

she said.<br />

“And we’re just getting<br />

started. We attracted businesses<br />

and visitors from across the<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> and Waikato, as<br />

well as others from throughout<br />

the North Island.<br />

“And we already have<br />

bookings coming through<br />

from returning exhibitors and a<br />

strong flow <strong>of</strong> inquiries about<br />

the next Expo.”<br />

The region has been<br />

enjoying strong growth. Last<br />

year the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> had<br />

the country’s largest annual<br />

percentage increase in GDP<br />

at 9 percent.<br />

Giblett said there was some<br />

uncertainty about the future<br />

direction <strong>of</strong> the economy next<br />

year and despite the surge in<br />

online marketing, the Expo<br />

was pro<strong>of</strong> that face-to-face<br />

engagement with potential clients<br />

and partners remains one<br />

<strong>of</strong> the strongest ways to build<br />

THE BUSINESS EXPO<br />

FEATURES<br />

• Seminars and master classes throughout the day.<br />

• An exclusive VIP Expo Opening event with a special<br />

guest.<br />

• An Expo After 5 Networking Event for sponsors and<br />

exhibitors.<br />

• Earlybird pricing is $1,999 plus gst till the end <strong>of</strong><br />

October.<br />

• The <strong>of</strong>ficial launch will take place on 21st <strong>August</strong> <strong>2018</strong><br />

5pm – 6.30pm at CBK, Spring Street, Tauranga.<br />

www.cbk.nz/tauranga<br />

KPMG’s Angela Thomas at the inaugural <strong>Business</strong> Expo. Photo/Supplied<br />

new business.<br />

The <strong>Business</strong> Expo has<br />

been strategically timed as a<br />

regular March event, allowing<br />

businesses to get some quick<br />

wins to end the financial year<br />

and to kickstart opportunities<br />

for the year ahead at this supercharged<br />

one day event.<br />

“Our goal is to become a<br />

key driver and platform for<br />

fostering growth in the regional<br />

economies and to be a<br />

must-attend event in the business<br />

calendar.”<br />

The exhibitors will each be<br />

able to invite guests, providing<br />

a sizeable number <strong>of</strong> business<br />

connections to be made from<br />

the wider <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> region<br />

and beyond.<br />

The 2019 Expo will again<br />

be a one-day event where<br />

businesses can showcase<br />

their products and services<br />

in a vibrant, fun environment<br />

designed specifically for the<br />

business-to-business sector.<br />

“Attendees at our inaugural<br />

event describe it as a great<br />

platform to keep building and<br />

developing pr<strong>of</strong>essional and<br />

personal relationships,” says<br />

Giblett.<br />

Tauranga Chamber chief<br />

Stan Gregec said the expo<br />

was “a fantastic opportunity to<br />

make new connections and be<br />

seen as a regional player.”


6 MARCH 2019<br />

BAYPARK ARENA, TAURANGA<br />

The premier business to business expo is coming soon...<br />

Early Bird Offer<br />

$1,999 +GST<br />

$2,299 +GST After 31st October <strong>2018</strong><br />

More than one million<br />

dollars <strong>of</strong> business<br />

generated from the<br />

<strong>2018</strong> <strong>Business</strong> Expo<br />

WHERE BUSINESS GETS DONE<br />

• Supercharged one day event<br />

• Kick-start your year<br />

• Showcase your business<br />

• Seminars and masterclasses to grow your business<br />

• Network with leading edge businesses<br />

• Create opportunites and uncover solutions<br />

• Amazing Expo only <strong>of</strong>fers and prizes<br />

• Free entry for visitors (9.30am - 4pm)<br />

Visit www.businessexpo.biz to book now<br />

Organisers<br />

Sponsors<br />

Supporting Partners


24 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

The Holy Grail <strong>of</strong> marketing is within reach<br />

TELLING YOUR STORY<br />

> BY JAMES HEFFIELD<br />

Director <strong>of</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> marketing and PR consultancy Last<br />

Word. To find out more visit lastwordmedia.co.nz or email<br />

james@lastwordmedia.co.nz.<br />

The ability to reach the right people, at<br />

the right time, with the right message<br />

has long been considered the Holy Grail<br />

<strong>of</strong> marketing. Unfortunately, the ability <strong>of</strong><br />

businesses to achieve this has been largely<br />

hit and miss. Until now.<br />

The rise <strong>of</strong> digital media<br />

and the power <strong>of</strong> data<br />

mining to provide businesses<br />

with more, and more<br />

useful, customer information<br />

has made it easier than ever<br />

before to ensure their marketing<br />

efforts hit all three ideals.<br />

There is now a wide range<br />

<strong>of</strong> marketing targeting services<br />

that make it possible to identify<br />

potential customers with incredible<br />

precision, including by<br />

individual household if desired.<br />

The Google Marketing Platform<br />

promises to “reach your<br />

audience, wherever they are in<br />

the moment”, while information<br />

services company Experian<br />

says it has the ability to use<br />

demographic and other indicators<br />

to predict the life-stage <strong>of</strong><br />

a household’s occupants or the<br />

likelihood <strong>of</strong> children at a specific<br />

address.<br />

Even small businesses are<br />

sitting on a treasure trove <strong>of</strong><br />

customer information that can<br />

be used to target their messaging.<br />

This might include postal<br />

and email addresses <strong>of</strong> customers<br />

and people who have<br />

made inquiries, the purchase<br />

history <strong>of</strong> people who have<br />

previously bought products or<br />

services, and even their age<br />

and gender (depending on what<br />

questions are asked at the time<br />

<strong>of</strong> purchase).<br />

It’s also common for businesses<br />

to use tracking pixels<br />

on their websites so they can<br />

re-target people who have visited<br />

their website in the past via<br />

other channels, such as Facebook,<br />

Youtube, or Google’s<br />

Display Network.<br />

Tools like these make it easy<br />

for marketers to reach those<br />

who are likely to be genuinely<br />

interested in your product or<br />

service. They enable businesses<br />

to target current and former<br />

customers based on their interests<br />

and what they have been<br />

looking at recently online. It’s<br />

easy to see how a retailer that<br />

gathers information about its<br />

customers' dates <strong>of</strong> birth could,<br />

for example, send promotions<br />

to customers a week before<br />

their birthdays.<br />

Digital marketing techniques<br />

can also be used to reach<br />

out to people who have never<br />

bought from you in the past<br />

or even visited your website.<br />

Google and Facebook enable<br />

businesses to deliver digital<br />

advertising and promotions to<br />

people based on where they live<br />

and what they are browsing online<br />

at the time. For example, a<br />

confectionary company could<br />

use information like that to target<br />

people in a specific country<br />

searching for Valentine’s<br />

Day gift ideas. This would be<br />

an easy way to reach potential<br />

buyers at “the right time” – they<br />

are already actively looking to<br />

buy a product or service <strong>of</strong> a<br />

kind you <strong>of</strong>fer.<br />

Of course, the third part<br />

<strong>of</strong> the well-known mantra involves<br />

reaching people “with<br />

the right message”. Again, digital<br />

marketing and data mining<br />

can help. Google AdWords allows<br />

people to create multiple<br />

variations <strong>of</strong> advertisements<br />

and then to measure their success<br />

and tailor them based on<br />

which ones have the most impact.<br />

The same is true <strong>of</strong> email<br />

marketing programmes like<br />

MailChimp. By following a<br />

process known as A/B testing,<br />

marketers can send variations<br />

<strong>of</strong> a marketing message to randomly<br />

selected members <strong>of</strong><br />

the same target audience and<br />

evaluate which messages are<br />

resonating the most. Over time,<br />

this enables marketers to hone<br />

the perfect message to engage a<br />

specific audience segment.<br />

The benefit <strong>of</strong> targeting your<br />

marketing in this way is a greater<br />

return on your investment.<br />

Reaching the right people ensures<br />

you aren’t wasting money<br />

on marketing to people who<br />

MARKETING<br />

are unlikely to have an interest<br />

in your product or service.<br />

Reaching them at the right time<br />

improves the chances they will<br />

be susceptible to your message.<br />

And reaching them with the<br />

right message makes it more<br />

likely that they will sit up and<br />

take notice, whether you are<br />

selling a product or service for<br />

pr<strong>of</strong>it, or running a public education<br />

campaign.<br />

Half-year financial report card<br />

The New Zealand sharemarket<br />

has ended the<br />

first half <strong>of</strong> the year on a<br />

good note, with the S&P/NZX<br />

50 index, a measure <strong>of</strong> the<br />

performance <strong>of</strong> the 50 largest<br />

companies by market capitalisation,<br />

reaching its highest<br />

ever level <strong>of</strong> 8943. For the<br />

quarter ended 30 June, the<br />

index return was a very strong<br />

7.5 percent. However, there<br />

are signs that this level <strong>of</strong><br />

return should not be expected<br />

in the second-half <strong>of</strong> the year.<br />

Valuations <strong>of</strong> companies<br />

are above historical averages,<br />

and corporate earnings growth<br />

is moderating. High company<br />

valuations can be justified<br />

if earnings growth is strong.<br />

However economic growth<br />

in New Zealand appears to be<br />

slowing on the back <strong>of</strong> constraints<br />

in some sectors <strong>of</strong> the<br />

economy (such as a shortage<br />

<strong>of</strong> skills in the construction<br />

sector), higher oil prices, immigration<br />

having peaked,<br />

and a reduction in business<br />

confidence. Whilst econom-<br />

ic growth is still positive, the<br />

rate <strong>of</strong> growth is less than it<br />

was 12 months ago.<br />

Interest rates continue to<br />

remain low with recent new<br />

corporate bond issues taking<br />

advantage <strong>of</strong> an imbalance <strong>of</strong><br />

demand for this type <strong>of</strong> investment,<br />

relative to the level <strong>of</strong><br />

available good quality bonds.<br />

Five-year terms have been<br />

priced generally in the fourto-five<br />

percent per annum<br />

mark, giving those corporates<br />

raising capital a cheaper cost<br />

US interest rates<br />

have started to<br />

increase, with the<br />

Federal Funds Rate,<br />

equivalent to our<br />

Official Cash Rate,<br />

now at two percent.<br />

<strong>of</strong> debt than their banks are<br />

prepared to <strong>of</strong>fer.<br />

Much <strong>of</strong> the money raised<br />

by these corporates, such as<br />

electricity generators and<br />

commercial property owners,<br />

has been used to repay shorter-term<br />

bank debt.<br />

The Reserve Bank <strong>of</strong> New<br />

Zealand has indicated interest<br />

rates are remaining unchanged<br />

for the time being and, depending<br />

on economic conditions,<br />

could either be raised<br />

or lowered in the future. The<br />

consensus view <strong>of</strong> market<br />

commentators is that rates<br />

may start to rise slightly by the<br />

end <strong>of</strong> 2019, but that is too far<br />

out to be definite.<br />

This time last year, the<br />

world economy was seen to<br />

be in “synchronised growth”,<br />

for the first time since before<br />

the Global Financial Crisis<br />

in 2008. All major economic<br />

regions (Americas, Europe<br />

and Asia) were experiencing<br />

stronger growth rates, interest<br />

rates were low, inflation<br />

was low, unemployment was<br />

reducing and trade was expanding.<br />

Today, Asia, and in<br />

particular China, is slowing,<br />

as is Europe. Oil prices have<br />

climbed to more than US$70<br />

per barrel, compared to $40<br />

per barrel over 12 months<br />

ago, and fears <strong>of</strong> a trade war<br />

between the US and its trading<br />

partners is affecting markets,<br />

after recent threats <strong>of</strong> trade<br />

tariffs by President Trump.<br />

Conversely, the US economy<br />

is full-steam ahead, with<br />

record low unemployment<br />

and strong economic growth<br />

boosted by tax cuts and increased<br />

government spending.<br />

The US has less to fear from<br />

a trade war, as imports comprise<br />

only 16 percent <strong>of</strong> its<br />

WHAT TO DO WITH YOUR MONEY<br />

> BY BRETT BELL-BOOTH<br />

Investment Adviser with Forsyth Barr Limited in Tauranga, and an<br />

Authorised Financial Adviser. Phone (07) 577 5725 or<br />

email brett.bell-booth@forsythbarr.co.nz.<br />

economy. Corporate earnings<br />

are growing strongly, underpinning<br />

sharemarket valuations<br />

which appear to provide<br />

more attractive investment opportunities<br />

than Australasian<br />

companies.<br />

US interest rates have<br />

started to increase, with the<br />

Federal Funds Rate, equivalent<br />

to our Official Cash Rate,<br />

now at two percent. Usually,<br />

increasing interest rates indicates<br />

a tightening <strong>of</strong> credit and<br />

a looming economic downturn<br />

because <strong>of</strong> lower pr<strong>of</strong>its.<br />

But at the moment, higher<br />

corporate earnings are more<br />

than <strong>of</strong>fsetting higher interest<br />

costs.<br />

However, the world economy<br />

is no longer in synchronicity.<br />

A stronger US Dollar and<br />

higher interest rates, which<br />

tend to have a flow-through<br />

effect on the rest <strong>of</strong> the world,<br />

together with slowing economies<br />

globally, indicates a<br />

more cautious approach to investment<br />

is warranted for the<br />

second half <strong>of</strong> the year.<br />

This column is general in<br />

nature and is not personalised<br />

investment advice. It has been<br />

prepared in good faith based<br />

on information obtained from<br />

sources believed to be reliable<br />

and accurate. Disclosure<br />

Statements for Forsyth Barr<br />

Authorised Financial Advisers<br />

are available on request and<br />

free <strong>of</strong> charge.<br />

If you are considering your current<br />

investment arrangements, perhaps<br />

it’s time to get a complimentary review<br />

Forsyth Barr is a New Zealand owned firm with 20 <strong>of</strong>fices nationwide<br />

including three <strong>of</strong>fices in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> and Waikato regions.<br />

Supported by Forsyth Barr’s research and investment expertise, our Authorised<br />

Financial Advisers can work with you to deliver a personalised approach taking<br />

into account your investment objectives, preferences and your tolerance for risk.<br />

To make an obligation free appointment to discuss your investment<br />

arrangements, contact your local Forsyth Barr <strong>of</strong>fice by calling 0800 367 227.<br />

We look forward to discussing how our investment advice can work for you.<br />

TAU5162-02 – © Forsyth Barr Limited January 2017<br />

Disclosure Statements are available on request and free <strong>of</strong> charge.<br />

Fees and charges will apply if you elect to have a continuing relationship with Forsyth Barr.


<strong>Bay</strong> <strong>of</strong> plenty<br />

First on the scene<br />

Photos from the recent Regional <strong>Business</strong> Market at Elizabeth Café, Tauranga.<br />

Photos: Sue Wilson/Out and About<br />

CONNECTING<br />

BUYERS AND<br />

SELLERS OF<br />

QUALITY<br />

BUSINESSES<br />

When is the right time to sell<br />

your business? Right now.<br />

1<br />

1 Tammy Holley, Parkland Jewellery; Daisy Straub, Ray White; Nicola Santos, Pure Essentials, and Karen Gibney, NZ Home<br />

Loans. 2 Murray Kidd and Nico Wamsteker, ABC <strong>Business</strong> Sales.<br />

2<br />

At TABAK, we promise to guide<br />

you through the sales process<br />

with focus, integrity and<br />

complete confidentiality.<br />

3<br />

4 5<br />

3 Catherine Hudson, The <strong>Business</strong> Market and Angela Jackson, Regional ANZ <strong>Business</strong> Manager. 4 Stan Gregec, Tauranga<br />

Chamber <strong>of</strong> Commerce and Tami Hansen, Flowers By Tami. 5 Mike Everard, Giggle TV and Steve Munford, Brandlike.<br />

FOCUS • INTEGRITY<br />

CONFIDENTIALITY<br />

WHY TABAK<br />

6<br />

7<br />

INDUSTRY EXPERIENCE<br />

REALISTIC APPRAISALS<br />

6 Angela Gray, Design One; Tony Snow, Stratus Blue; Michelle Beaumont, Nettl; and Tim Rooney, Homeplus.<br />

7 Dion Gerrans and Diane Kordas with Jason Cook, Signature Homes (centre).<br />

TEAM APPROACH<br />

PRE-QUALIFIED BUYERS<br />

8 9 10<br />

8 Gary Dos Santos, Share; and Ian McLelland, GroupPro. 9 Marco Vianello and Darin Friis, Legacy Funeral Service.<br />

10 Chris Turner, Balanced Success and Victoria Grace, Red Ant.<br />

147 Cameron Road<br />

p. 07 578 6329<br />

e. tauranga@tabak.co.nz<br />

w. tabak.co.nz<br />

P5177Y


26 BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong><br />

Judge rules for growers<br />

on multi-million dollar<br />

kiwifruit claim<br />

The High Court has ruled in favour <strong>of</strong> kiwifruit growers in a landmark<br />

decision that upholds kiwifruit growers’ claims that Crown negligence<br />

caused their losses resulting from the 2010 Psa outbreak.<br />

By RICHARD RENNIE<br />

& DAVID PORTER<br />

The decision could leave<br />

the government exposed<br />

to a massive compensation<br />

payment, with growers<br />

who subscribed to the<br />

Kiwifruit Claim seeking $400<br />

million when the case went<br />

to court last year. Most significantly,<br />

the decision could<br />

set a new precedent for<br />

Crown liability on biosecurity<br />

incursions.<br />

Determining the exact level<br />

<strong>of</strong> any compensation payment<br />

promises to be a drawn-out<br />

affair, and subject to any<br />

appeals that may be lodged.<br />

When <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong><br />

<strong>News</strong> went to press this month,<br />

it was unclear whether either<br />

<strong>of</strong> the plaintiffs would appeal.<br />

The judgement comes after<br />

a marathon multi-million dollar<br />

litigation process, with<br />

Justice Jillian Mallon determining<br />

the 212 growers were<br />

owed a duty <strong>of</strong> care by the<br />

then Ministry <strong>of</strong> Agriculture<br />

and Forestry (now MPI) for<br />

controlling what products<br />

This action is about<br />

seeking accountability<br />

for the incursion<br />

that devastated the<br />

industry. MPI knew for<br />

many years Psa was a<br />

significant risk.<br />

– Grant Enyon<br />

could be legally imported into<br />

New Zealand. LPF Litigation<br />

Funding were engaged to provide<br />

the plaintiffs with funding<br />

for the claim.<br />

The judge determined the<br />

risks associated with contamination<br />

<strong>of</strong> the pollen products<br />

bringing in the disease should<br />

have been obvious to the agency.<br />

The Psa strain was Chinese<br />

sourced.<br />

The judge’s ruling did<br />

not extend to Seeka, the only<br />

post-harvest company to support<br />

the court action. The judge<br />

determined that post-harvest<br />

operators were one step<br />

removed from the direct harm<br />

suffered by growers, so were<br />

less closely linked to any consequences<br />

<strong>of</strong> ministry failure.<br />

However, Seeka was also<br />

a party to the action as a significant<br />

grower, and the company<br />

would still benefit from<br />

the success <strong>of</strong> the claim, chief<br />

executive Michael Franks told<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong>.<br />

Any payment from the<br />

appeal process will only be paid<br />

to the growers who signed up.<br />

Franks said he had mixed<br />

emotions following the decision.<br />

“I am <strong>of</strong> course pleased<br />

on behalf <strong>of</strong> growers that the<br />

judge has ruled the way she<br />

has, but disappointed to not<br />

be included as a post-harvest<br />

processor.”<br />

Kiwifruit claim representative<br />

Grant Enyon said the<br />

decision drew a line in the<br />

sand after a long and difficult<br />

eight years for growers in the<br />

industry.<br />

“This action is about seeking<br />

accountability for the<br />

incursion that devastated the<br />

industry. MPI knew for many<br />

years Psa was a significant<br />

risk. We hope the government<br />

accepts the court’s decision.”<br />

MPI said in a statement it<br />

was carefully considering the<br />

findings, and implications for<br />

current and future biosecurity<br />

activities.<br />

“Once we have completed<br />

consideration <strong>of</strong> the judgement,<br />

a decision will be made<br />

on whether to appeal. That<br />

decision must be made by the<br />

Solicitor General, not MPI.”<br />

Kiwifruit Claim spokesman<br />

John Cameron said the duty <strong>of</strong><br />

care was going to be a difficult<br />

one to prove, but in realty<br />

the judge realised no one else<br />

could provide it.<br />

“Most importantly, the NZ<br />

primary sector now has a very<br />

clear mandate that if they can<br />

prove the Ministry <strong>of</strong> Primary<br />

Industries is responsible for any<br />

incursion, there is the ability<br />

Michael Franks:<br />

Disappointed post-harvest<br />

sector excluded. Photo/<br />

Supplied<br />

there to exercise this process.”<br />

Enyon said the compensation<br />

group was open to any<br />

early settlements that could be<br />

proposed.<br />

Seeka’s Michael Franks said<br />

the decision did not necessarily<br />

open the door to other claims <strong>of</strong><br />

biosecurity incursions.<br />

“Not every case <strong>of</strong> a bio-security<br />

incursion happens the<br />

way Psa happened,” he said.<br />

“I’m comforted that the new<br />

government has invested more<br />

in biosecurity controls.”<br />

Both the NZ Kiwifruit<br />

Growers Incorporated and predominant<br />

export marketing entity<br />

Zespri strongly discouraged<br />

growers from joining the claim.<br />

KGI said it was not appropriate<br />

for the body to comment<br />

until it was known whether<br />

either party would appeal.<br />

Chairman Peter McBride<br />

said that Zespri acknowledged<br />

the judge’s decision and would<br />

take some time to consider the<br />

implications for industry.<br />

“We expressed our concerns<br />

about the claim at the<br />

time, as our preference was<br />

and is to strengthen our biosecurity<br />

systems together with<br />

the government,” he said.<br />

Independent advice is useful<br />

for all sizes <strong>of</strong> business<br />

MONEY MATTERS<br />

> BY STEPHEN GRAHAM<br />

Stephen Graham is a Director and Managing Partner at BDO<br />

Rotorua, Chartered Accountants and Advisers. To find out more<br />

visit bdorotorua.co.nz or email rotorua@bdo.co.nz<br />

Many small business<br />

owners assume that<br />

company boards are<br />

for the big boys. Yet the benefits<br />

<strong>of</strong> independent directors<br />

or advisors apply to all businesses,<br />

irrespective <strong>of</strong> size or<br />

structure.<br />

Owner-run businesses can<br />

be averse to appointing outside<br />

directors or advisors, which<br />

can stall business and growth<br />

potential. This can be driven<br />

by a mix <strong>of</strong> the she’ll be right<br />

mentality, a desire to keep<br />

everything in the family, or<br />

simply putting change in the<br />

too hard basket.<br />

This mindset is likely to<br />

be holding back many owner-run<br />

businesses. Looking at<br />

family businesses run in New<br />

Zealand, many only have one<br />

or two directors who only meet<br />

formally to sign the annual<br />

report.<br />

If you’re a business owner,<br />

have a look at your board minutes.<br />

When did your board last<br />

meet to plan strategically?<br />

Even where an owner/operator<br />

believes they have the<br />

skills required to implement<br />

these strategies, an external,<br />

non-family and non-executive<br />

director or advisor will provide<br />

access to a broader base <strong>of</strong><br />

skills and experience.<br />

And they also become<br />

an ambassador for the business<br />

across new networks <strong>of</strong><br />

influence.<br />

There is concern that there<br />

are major structural weaknesses<br />

relating to the governance<br />

<strong>of</strong> private and family owned<br />

businesses in New Zealand.<br />

Daily operations tend to<br />

take over at the expense <strong>of</strong><br />

important strategic decisions<br />

that set the course for the business’s<br />

future and protect the<br />

margins under which most<br />

industries operate.<br />

<strong>Business</strong> owners are commonly<br />

guilty <strong>of</strong> working too<br />

hard “in” instead <strong>of</strong> “on” the<br />

business. This constant daily<br />

juggling act with a multitude<br />

<strong>of</strong> warring priorities can keep<br />

you from these important strategic<br />

tasks.<br />

An essential responsibility<br />

<strong>of</strong> any director is to ensure the<br />

sustainable future <strong>of</strong> the business<br />

enterprise.<br />

It is not feasible for the<br />

directors <strong>of</strong> a family business<br />

to do that without taking time<br />

out to consider the economic<br />

environment, the competition,<br />

the threats and the opportunities<br />

that are unique to their<br />

business.<br />

An external advisor can<br />

<strong>of</strong>ten provide the prompt<br />

needed to ensure you allocate<br />

the necessary time to focus on<br />

the big picture aspects <strong>of</strong> your<br />

business.<br />

A good external director<br />

or advisor will start thinking<br />

and planning in a multitude <strong>of</strong><br />

areas you had not previously<br />

considered.<br />

Because they are external<br />

to the daily operations <strong>of</strong> the<br />

business, they will be particularly<br />

useful in the identification<br />

<strong>of</strong> risks to your business,<br />

then assisting to devise appropriate<br />

strategies to deal with<br />

them.<br />

The risks <strong>of</strong> being a director<br />

may be high due to potential<br />

personal liability. Where that is<br />

the case, it is still worthwhile<br />

having an external advisor.<br />

That person can be an advisor<br />

to the board and still participate<br />

in discussions, but will<br />

not be a formal director.<br />

They will carefully define<br />

the boundaries so that they do<br />

not become deemed to be a<br />

director.<br />

External advisors are able<br />

to provide support and guidance<br />

to business owners and<br />

even valuable mentoring to<br />

possible successors.<br />

The objectivity and pr<strong>of</strong>essionalism<br />

they bring can also<br />

enhance family or shareholder<br />

harmony.<br />

Most business owners have<br />

technical skills and qualifications<br />

in their particular area,<br />

but <strong>of</strong>ten lack formal training<br />

or strong skills in all aspects<br />

<strong>of</strong> managing and growing their<br />

business.<br />

Sometimes the missing skill<br />

sets are covered by employees,<br />

but at a governance level, the<br />

right person will bring a further<br />

range <strong>of</strong> skills and experience.<br />

In the current competitive<br />

environment, businesses<br />

need to take extra steps to<br />

gain market share or improved<br />

margin.<br />

A person from a different<br />

background will bring a fresh<br />

perspective as well as objectively<br />

challenge the status quo.<br />

How do you find the<br />

right person to serve on your<br />

board <strong>of</strong> directors? Your<br />

local Institute <strong>of</strong> Directors<br />

can assist. Look for someone<br />

whose personality, values and<br />

culture you respect and believe<br />

will be a good fit.<br />

Speak to your business<br />

advisors, who are likely to<br />

have people in their network<br />

who might be a good fit for<br />

your business.<br />

Once you have found the<br />

appropriate person, they need<br />

to be properly briefed and<br />

given sufficient material to<br />

properly understand your business,<br />

your part <strong>of</strong> the industry<br />

and the market environment.<br />

They need to know what<br />

the problems and challenges<br />

are so that these matters can be<br />

addressed rather than ignored<br />

and allowed to fester.<br />

A good person will add<br />

structure and rigor to directors<br />

meetings and will challenge<br />

you.<br />

This is likely to be a significant<br />

change from the way you<br />

have previously operated and<br />

should result in a significant<br />

improvement to the way the<br />

business operates.


BAY OF PLENTY BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2018</strong> 27<br />

What to do if a Trust is no longer needed<br />

Asset protection is one <strong>of</strong> the most<br />

common reasons to set up a trust, but at<br />

some stage, the trust may no longer be<br />

relevant. This could be due to changes<br />

in the law, or changes in your individual<br />

circumstances.<br />

Paula Lines, Commercial Lawyer at The Law Shop.<br />

Winding up a trust can<br />

be relatively straightforward,<br />

but it is most<br />

important that trustees get<br />

legal and accounting advice<br />

about distributing trust assets,<br />

to make sure that they don’t<br />

incur liabilities.<br />

“If it becomes clear that a<br />

trust is no longer needed or desirable,<br />

the trust can be wound<br />

up. For instance when administration<br />

costs are too high<br />

in relation to the recognised<br />

benefits. Also, if the purpose<br />

<strong>of</strong> setting up a trust in the first<br />

place was to protect assets<br />

from creditor claims, and the<br />

apparent risk no longer exists,<br />

it makes sense to wind it up,”<br />

says Paula Lines from The<br />

Law Shop.<br />

“In a legal sense there are<br />

different ways to initiate the windup, but most <strong>of</strong>ten it will<br />

be done by the trustees deciding<br />

to bring forward the vesting<br />

date. Legal advice will be<br />

required as to how to distribute<br />

the assets, especially when<br />

trustees are also beneficiaries<br />

as it may represent a conflict <strong>of</strong><br />

interest,” she explains.<br />

Whether the trust is wound<br />

up early or has come to the end<br />

after 80 years, there are certain<br />

formalities required to record<br />

the end <strong>of</strong> a trust. Although<br />

there are limited legal formalities,<br />

there are practical matters<br />

that will need attention, to do<br />

with banking and the IRD.<br />

“Whatever the reason for<br />

maintaining a trust or winding<br />

it up, it’s important to keep<br />

asset protection arrangements<br />

under review and to update<br />

them when significant changes<br />

happen in your life such<br />

as marriage, having children,<br />

or getting divorced. This will<br />

ensure that your arrangements<br />

stay fit for their purpose,” Paula<br />

says.<br />

Winding up a trust is not<br />

a difficult process, but you<br />

may encounter some hurdles<br />

along the way. The team at<br />

The Law Shop can assist you<br />

and provide you with pr<strong>of</strong>essional<br />

and friendly advice. If<br />

you are thinking about setting<br />

up or winding up a trust, call<br />

The Law Shop on 07-572 5272<br />

(Tauranga) or 07 349 2924<br />

(Rotorua), or email team@<br />

thelawshop.co.nz to get the<br />

ball rolling.<br />

STEPHANIE NORTHEY<br />

LL.B | Director<br />

PAULA LINES<br />

LL.B | Director<br />

SARSHA TYRRELL<br />

LL.B | Director<br />

ROTORUA<br />

1268 Arawa St<br />

Rotorua<br />

TAURANGA<br />

1239 Cameron Rd<br />

Greerton


618a Te Matai<br />

Road<br />

LISTED<br />

353<br />

Minden Road<br />

LISTED<br />

My name is Cameron Macneil. I have eight years experience selling high-end properties and I have<br />

recently started my own agency servicing the entire <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>.<br />

Oliver Road Estate Agents is unique in that we exclusively sell luxury and lifestyle properties - no standard<br />

residential or commercial. In doing this, we’re making a commitment to the owners <strong>of</strong> these properties to<br />

spend all <strong>of</strong> our time working in this <strong>of</strong>ten challenging segment <strong>of</strong> the market, and ensuring each<br />

property gets the specialist attention it deserves.<br />

Are you considering selling your luxury or lifestyle property in the next six months?<br />

Have you previously been on the market with another agency and are ready for a fresh approach?<br />

Do you have no intention <strong>of</strong> selling, but would be interested to know what your property is worth?<br />

Are you considering renovating or subdividing, and would like an idea <strong>of</strong> the value that will be added?<br />

Cameron Macneil<br />

Director | Licensed Real Estate Agent<br />

If you answered “yes” to any <strong>of</strong> these questions, give me a call anytime. I believe you’ll find my approach to<br />

be relaxed and pr<strong>of</strong>essional.<br />

Oliver Road Estate Agents Limited<br />

Licensed REAA 2008<br />

021 800 889<br />

cameron@oliverroad.co.nz<br />

www.oliverroad.co.nz<br />

82<br />

Gilbert Road<br />

SOLD

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!