27.08.2018 Views

Bay of Plenty Business News August/September 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 />

AUGUST/SEPTEMBER <strong>2018</strong> VOLUME 3: ISSUE 8 WWW.BOPBUSINESSNEWS.CO.NZ FACEBOOK.COM/BOPBUSINESSNEWS<br />

Marine sector<br />

embarks on<br />

New<br />

voyage<br />

The country’s biggest vessel hoist<br />

Hikinui (Big Lift) at the dawn blessing<br />

<strong>of</strong> Tauranga’s new Marine Precinct.<br />

Photo/Tauranga City Council.<br />

Industry sources are optimistic about the potential <strong>of</strong> the Marine<br />

Precinct on the Sulphur Point waterfront to rejuvenate Tauranga’s<br />

marine services sector, despite the new hub’s sometimes<br />

troubled gestation over many years.<br />

By DAVID PORTER<br />

The first stage <strong>of</strong> the precinct,<br />

which opened in<br />

<strong>August</strong>, is being supported<br />

by six well-known marine<br />

services companies, which<br />

have taken stakes in land<br />

based around a high-spec 6300<br />

square metre post-tensioned<br />

hardstand controlled by the<br />

Tauranga City Council (TCC).<br />

The hardstand, which took<br />

out the record for the largest<br />

outdoor concrete pour ever<br />

attempted in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>,<br />

is engineered to support loads<br />

<strong>of</strong> 500 tonnes, just under<br />

the fully-laden weight <strong>of</strong> an<br />

Airbus A380.<br />

Both the hardstand and the<br />

precinct’s key selling point –<br />

an Italian-built 350 tonne vessel<br />

hoist – will be operated<br />

by a council-owned company,<br />

Vessel Works. Wardale Ltd,<br />

controlled by consultant Phil<br />

Wardale who has project managed<br />

the precinct’s development<br />

over the past three years,<br />

has been awarded a three-year<br />

contract to manage and operate<br />

Vessel Works.<br />

Don Mattson <strong>of</strong> Hutcheson<br />

Boatbuilders, a stakeholder in<br />

the new precinct, has been a<br />

key driver over many years for<br />

a new lift-out hub for the city.<br />

“We’ve always believed<br />

We’ve always<br />

believed in the need<br />

for this facility.<br />

– Don Mattson,<br />

Hutcheson Boatbuilders<br />

in the need for this facility,”<br />

he said.<br />

“Our dreams were for<br />

something a bit smaller than<br />

this, but we can see the value<br />

<strong>of</strong> having the bigger machine.<br />

We now have the confidence<br />

that as an industry we can service<br />

bigger boats, both commercial<br />

and private. We can<br />

also attract vessels from out <strong>of</strong><br />

town and overseas.”<br />

The current precinct has<br />

been in the making since 2014,<br />

when the then TCC acknowledged<br />

- belatedly - the need to<br />

replace key facilities, including<br />

the former local slip, which<br />

the local marine industry lost<br />

when the Tauranga Harbour<br />

Bridge was expanded.<br />

There has been pressure for<br />

many years from companies<br />

on short-term leases in Sulphur<br />

Point, and proposals for a<br />

marine hub. Eventually, the<br />

TCC decided to develop the<br />

area itself, and retain control <strong>of</strong><br />

the hardstand operations.<br />

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

Council is the funding partner<br />

for the project, contributing<br />

Continues page 3<br />

business awards<br />

New philanthropy category for<br />

this year’s Westpac awards<br />

P9<br />

medical cannabis<br />

Potential green gold for<br />

new sector<br />

P10<br />

kiwifruit claim<br />

Growers to fight government<br />

appeal on High Court decision<br />

P17<br />

<strong>Bay</strong> Venues


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

We support<br />

kiwi business.<br />

So you can keep<br />

businessing.<br />

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

your business contact Andy Bell<br />

on 022 200 0256<br />

MC9312A<br />

MC9312A BUS <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> FP ad V1.indd 1<br />

15/08/18 11:55 AM


Marine sector embarks on new voyage<br />

From page 1<br />

$5 million from the Regional<br />

Council’s $42.5 million<br />

Regional Infrastructure Fund.<br />

A major part <strong>of</strong> the TCC’s $6.4<br />

million contribution is being<br />

<strong>of</strong>fset by the sale <strong>of</strong> properties<br />

on and near the site.<br />

The first phase was initially<br />

slated for completion by<br />

the beginning <strong>of</strong> the year, but<br />

there have been delays - partly<br />

caused by weather, and partly<br />

by changes in specifications as<br />

the project evolved, according<br />

to sources close to the project.<br />

(see page 7 for more details)<br />

Construction began in<br />

October 2016, and stage one <strong>of</strong><br />

the project is now close to completion<br />

and already operating,<br />

with further stages dependent<br />

on additional commitment and<br />

demand from industry.<br />

As well as Hutcheson<br />

Boatbuilders, the other inaugural<br />

stakeholders include<br />

Pachoud Yachts, Pacific<br />

7, RMD Marine, SMF<br />

Engineering and Super Yacht<br />

Coatings. Matamata Motor<br />

Trimmers and Western Work<br />

Boats have also taken up lease<br />

arrangements. (see page 6 for<br />

further details)<br />

The precinct will be<br />

a draw card for boat owners<br />

both within New Zealand<br />

and from <strong>of</strong>fshore. The new<br />

facility is expected to attract<br />

interest from the global super<br />

yacht sector, and will also<br />

benefit from increased vessel<br />

maintenance needs during the<br />

America’s Cup defence, said<br />

Peter Busfield, executive director<br />

<strong>of</strong> the NZ Marine Industries<br />

Association (NZMIA). (see<br />

page 5 for details).<br />

TCC Mayor Greg<br />

COVER STORY<br />

Jaine Lovell-Gadd.<br />

Photo/Tauranga City Council.<br />

The thing that has<br />

really resonated with<br />

me is that industry<br />

itself has wanted<br />

to buy the land -<br />

they aren’t tenants,<br />

they are part <strong>of</strong> this<br />

development.”<br />

– Jaine Lovell-Gadd<br />

Brownless told guests at the<br />

opening that Tauranga was<br />

lucky to have a dynamic and<br />

innovative marine industry that<br />

delivered high-quality services<br />

in the area and nationally.<br />

“The future growth and prosperity<br />

<strong>of</strong> our city depends on<br />

attracting and retaining skilled,<br />

knowledgeable people and helping<br />

them develop productive,<br />

high-value businesses.”<br />

The sheer capacity <strong>of</strong> having<br />

the biggest vessel hoist in<br />

NZ is expected to give the precinct<br />

a competitive edge when<br />

it comes to servicing large<br />

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

commercial and recreational<br />

boats. Vessel Works has access<br />

to deep water berthage and a<br />

refit wharf suitable for large<br />

boats, a sophisticated waste<br />

and wash water processing and<br />

recycling system, and barge<br />

loading ramps and facilities for<br />

unloading catch and loading<br />

ice, which are used by local<br />

fishing companies.<br />

The TCC has also allocated<br />

$600,000 towards further<br />

repair and upgrade works<br />

on Bridge Wharf to increase<br />

access to deep water berthage<br />

for local fishing and other vessels.<br />

The council will also be<br />

looking to invest in additional<br />

temporary berthage along Dive<br />

Crescent, subject to a business<br />

case supporting the investment,<br />

said Brownless.<br />

Dave Pachoud, managing<br />

director <strong>of</strong> Pachoud Yachts,<br />

said it was really important<br />

for the company to have direct<br />

access to the water and the<br />

travel lift in place.<br />

“This will bring us a lot <strong>of</strong><br />

work. It has already, just with<br />

the current project we have<br />

secured on the basis that the<br />

lift was coming and we would<br />

be able to launch the vessel.<br />

It’s really been a good thing.”<br />

Roger Rawlinson, managing<br />

director <strong>of</strong> fishing company<br />

RMD Marine, said that<br />

being able to develop complementary<br />

marine businesses<br />

in the area was fantastic for<br />

everyone at the precinct.<br />

“We all have a stake now to<br />

make the area work for industry.<br />

We consider the precinct<br />

to be crucial to a better future<br />

for everyone in industry. RMD<br />

Marine could have relocated<br />

our business, but because <strong>of</strong><br />

Vessel Works, business and services<br />

are now available here.<br />

“Our boats were too big to<br />

go on the old slipway, but the<br />

new travel lift is an amazing<br />

piece <strong>of</strong> engineering and having<br />

the ability to lift heavier<br />

boats, in a place where several<br />

boats can be worked on, will<br />

put Tauranga on the map as<br />

the place to go. It makes sense<br />

to retain marine industry skills<br />

locally and attract more people<br />

to our region to work on their<br />

vessels. We could end up leading<br />

this industry.”<br />

Super Yacht Coatings<br />

co-owners Regan Woodward<br />

and Mark Hanna are originally<br />

from the <strong>Bay</strong> and are relocating<br />

their main operational base from<br />

Auckland to a new purpose-built<br />

facility at the precinct.<br />

“We think it’s a really good<br />

move,” said Woodward, noting<br />

that the company would be<br />

working on a 44 metre sloop in<br />

November. While he declined<br />

to go into details on anticipated<br />

volumes for reasons <strong>of</strong><br />

commercial confidentiality,<br />

Woodward said SYC was aiming<br />

to double its turnover.<br />

“We’re very positive and<br />

think there’s a lot <strong>of</strong> potential.<br />

If the hardstand is run right<br />

and the pricing is correct, and<br />

it sounds like it is, there’s no<br />

stopping it, especially in the<br />

current climate.”<br />

Pacific 7 owner Sean Kelly<br />

said that having SYC in the<br />

precinct was a key factor<br />

because they would have a<br />

facility that the hoist could<br />

drive large vessels into.<br />

“It’s really expensive to wrap<br />

yachts,” he said. “You want to<br />

put them in the shed and reduce<br />

the environmental risks.”<br />

Kelly, a long-time Sulphur<br />

Point marine business operator,<br />

said he knew <strong>of</strong> at least four<br />

super yachts planning to come<br />

to Tauranga over the next few<br />

months, which would have a<br />

lot <strong>of</strong> maintenance work done.<br />

Jaine Lovell-Gadd, the TCC<br />

general manager responsible for<br />

the project, said that for her the<br />

key element was keeping the<br />

marine industry in Tauranga.<br />

“We have a city surrounded<br />

by deep water,” she said.<br />

“I think the precinct’s purpose<br />

is about keeping keep the<br />

marine industry in the city and<br />

the flow-on effects <strong>of</strong> that, in<br />

the form <strong>of</strong> employment and<br />

economic value.<br />

“The thing that has really<br />

resonated with me is that<br />

BOP Regional Council’s John Cronin, NZMIA’s Peter Busfield,<br />

TCC Mayor Greg Brownless and Hutcheson’s Don Mattson at<br />

the precinct’s <strong>of</strong>ficial opening. Photo/Tauranga City Council.<br />

industry itself has wanted<br />

to buy the land - they aren’t<br />

tenants, they are part <strong>of</strong> this<br />

development. The industry<br />

was serious about wanting the<br />

precinct with the travel lift<br />

that goes with it. They helped<br />

shape the vision and were serious<br />

about it, and were prepared<br />

to put money in. I think that<br />

showed the commitment from<br />

everybody. You draw on all the<br />

skill sets from all around.”<br />

Jim McManaway, owner<br />

<strong>of</strong> SMF Engineering, who<br />

has been acting chair <strong>of</strong> the<br />

Tauranga Marine Industry<br />

Association, said he believed<br />

the precinct would in time<br />

rejuvenate an industry<br />

that Tauranga was not only<br />

renowned for, but had essentially<br />

been founded upon.<br />

“It is not just complementary<br />

to what remains <strong>of</strong> our local<br />

industry, but goes some way<br />

toward restoring skills and<br />

infrastructure that have been<br />

systematically left to deteriorate<br />

and /or been removed,<br />

particularly over the last two<br />

decades,” he said.<br />

“The economic flow-on<br />

effect <strong>of</strong> the precinct is obvious,<br />

and there are few other<br />

regions that have the ability<br />

to tick as many boxes under<br />

potential for marine services<br />

as Tauranga.”<br />

McManaway said credit<br />

was due to the many people<br />

who had been pushing for a<br />

marine hub over the decades.<br />

“Things could have been<br />

done differently, but we now<br />

have a world-class facility.<br />

What we need to do is turn<br />

that into a world class operation,<br />

and then we can build on<br />

that with confidence. We need<br />

to make sure we draw on the<br />

vast experience in marine services<br />

<strong>of</strong> all the stakeholders in<br />

the precinct.”


4 BAY OF PLENTY BUSINESS NEWS <strong>August</strong>/<strong>September</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 />

In this month’s cover story,<br />

we look at the impressive<br />

new Marine Precinct that<br />

<strong>of</strong>ficially opened for business<br />

recently on what was formerly<br />

a cluster <strong>of</strong> marine businesses<br />

hanging on under temporary<br />

tenure at Tauranga’s Sulphur<br />

Point.<br />

Industry sources are optimistic<br />

about the potential <strong>of</strong><br />

the new precinct to rejuvenate<br />

the city’s marine services sector.<br />

The first stage <strong>of</strong> the precinct<br />

is being supported by six<br />

well-known marine services<br />

companies, which have taken<br />

stakes in land based around a<br />

high-spec 6300 square metre<br />

post-tensioned hardstand controlled<br />

by the Tauranga City<br />

Council (TCC).<br />

The hardstand and the precinct’s<br />

key selling point – an<br />

Italian-built 350 tonne vessel<br />

hoist, the biggest in the<br />

country – will be operated by<br />

a council-owned company,<br />

Vessel Works. Wardale Ltd,<br />

controlled by consultant Phil<br />

Wardale, who has project managed<br />

the precinct’s development<br />

over the past three years,<br />

has been awarded a three-year<br />

contract to manage and operate<br />

Vessel Works.<br />

The Kiwifruit Claim Group<br />

plaintiffs are digging in for a<br />

court battle likely to extend<br />

into next year, following the<br />

Crown’s decision to appeal<br />

the recent High Court ruling<br />

that the Ministry for Primary<br />

Industries had been negligent<br />

and breached its duty <strong>of</strong> care<br />

in allowing Psa into New<br />

Zealand.<br />

The Crown’s appeal is<br />

wide-ranging and seeks to<br />

clarify the scope under which<br />

government regulators can<br />

be sued for negligence. In<br />

response both original plaintiffs,<br />

Seeka and the 212-strong<br />

grower group, have filed a<br />

cross appeal and deplored the<br />

government’s action.<br />

A new sort <strong>of</strong> green gold<br />

may soon rival SunGold kiwifruit<br />

as a high value crop option<br />

Hands on: Tauranga Mayor Greg Brownless at the controls<br />

<strong>of</strong> New Zealand’s biggest vessel hoist at the Marine<br />

Precinct’s <strong>of</strong>ficial opening. Photo/Tauranga City Council.<br />

David Porter<br />

for <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> orchardists,<br />

according to Tauranga-based<br />

company MediCann. The company<br />

aims to establish a network<br />

<strong>of</strong> medicinal cannabis<br />

growers throughout the <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> to supply the medical<br />

cannabis market, which is<br />

expected to grow rapidly once<br />

government makes its production<br />

legal.<br />

The company has targeted<br />

the <strong>Bay</strong> because the region is<br />

home to a high level <strong>of</strong> horticultural<br />

expertise, thanks to<br />

its strength in the kiwifruit and<br />

avocado industry. The company<br />

is awaiting final passage <strong>of</strong><br />

the Misuse <strong>of</strong> Drugs (medicinal<br />

cannabis) Amendment Bill<br />

to be passed <strong>of</strong>ficially into law,<br />

with most observers expecting<br />

this to occur later this year.<br />

Entries are still open<br />

this month for the Westpac<br />

Tauranga <strong>Business</strong> Awards,<br />

with Air New Zealand sponsoring<br />

a new category that<br />

will celebrate Corporate<br />

Sponsorship and Philanthropy.<br />

Entries for all except the new<br />

category will close on Friday,<br />

14 <strong>September</strong>, with results<br />

announced at the annual<br />

awards gala at ASB Arena on<br />

Friday, 9 November.<br />

The Tauranga Chamber <strong>of</strong><br />

Commerce is calling for the<br />

nomination <strong>of</strong> supportive businesses<br />

in the new category by<br />

Friday, 28 <strong>September</strong>.<br />

Advice + Experience<br />

= FINALISTS<br />

in the NZ <strong>2018</strong> Xero Awards<br />

‘Accounting Partner <strong>of</strong> the Year’<br />

category<br />

We’re fiercely proud <strong>of</strong> the depth <strong>of</strong> experience in our<br />

team that allows us to deliver better business advice.<br />

It’s nice to be acknowledged by Xero, too!<br />

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

Find out at one <strong>of</strong> our Xero workshops.<br />

Wednesday 31 October<br />

Xero Debtors & Creditors<br />

Date TBC - Register your interest<br />

Xero Fundamentals<br />

Head to www.inghammora.co.nz to register.<br />

07 927 1200<br />

60 Durham St, Tauranga<br />

www.inghammora.co.nz


New infrastructure will<br />

attract overseas yachts<br />

By DAVID PORTER<br />

I was promoting<br />

NZ marine<br />

“When<br />

services overseas<br />

recently, a super yacht skipper<br />

advised that his yacht is<br />

coming for haul out at the new<br />

precinct later this year,” said<br />

Busfield.<br />

“This will be one <strong>of</strong> many<br />

over the next few years and I<br />

predict that the precinct and<br />

Vessel Works will be full <strong>of</strong><br />

vessels very soon.”<br />

Addressing the <strong>of</strong>ficial<br />

opening <strong>of</strong> the precinct in<br />

<strong>August</strong>, Busfield said he was<br />

pleased on behalf <strong>of</strong> the marine<br />

industry that the Tauranga City<br />

Council and the BOP Regional<br />

Council had supported the<br />

precinct and encouraged local<br />

marine businesses to buy freehold<br />

property within the area.<br />

“This site will not only serve<br />

the interests <strong>of</strong> the Tauranga<br />

marine industry,” he said.<br />

“I think you will be amazed<br />

at the number <strong>of</strong> boats that<br />

will come - not only from all<br />

over New Zealand, and from<br />

Auckland, which is lacking<br />

infrastructure like this, but<br />

from <strong>of</strong>fshore.”<br />

COVER STORY<br />

The new waterfront operation at Sulphur Point will put Tauranga<br />

on the map as one <strong>of</strong> the largest marine precincts in New<br />

Zealand, says Peter Busfield, executive director <strong>of</strong> both the NZ<br />

Marine Industry Association (NZMIA) and its associated industry<br />

training organisation.<br />

Busfield, who has recently<br />

been in Fiji promoting the<br />

New Zealand marine services<br />

industry, noted that the 15<br />

super yachts moored there<br />

during his visit were just part<br />

<strong>of</strong> a fleet <strong>of</strong> 74 super yachts<br />

expected to pass through the<br />

port this year.<br />

“I was previously in Palma<br />

de Mallorca [in the Balearic<br />

Islands, Spain], one <strong>of</strong> the biggest<br />

centres for super yachts in<br />

On the hard: Pacific 7’s new 31 metre workboat (left) was<br />

recently acquired from the US. Photo/Tauranga City Council.<br />

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

Europe,” he said.<br />

“With facilities like the<br />

Marine Precinct, Tauranga is<br />

hopefully going to get good<br />

business from the European<br />

boats that will decide to stay<br />

longer in NZ for their refit and<br />

pr<strong>of</strong>essional services.”<br />

He added that successive<br />

NZ governments had made<br />

it easier for visiting <strong>of</strong>fshore<br />

yachts, which could now stay<br />

for 24 months and access GSTfree<br />

services. “That is all a<br />

good incentive for them to<br />

come to NZ and now to access<br />

the largest haul-out centre in<br />

the country.”<br />

On top <strong>of</strong> that, the<br />

America’s Cup was likely to<br />

provide a huge boost to the<br />

industry, and the new facility<br />

could expect to benefit, said<br />

Busfield.<br />

During the America’s Cup,<br />

as well as 25 police, marshalling<br />

and umpire boats, and<br />

its own 20 support vessels,<br />

Emirates Team NZ would<br />

also be hosting on the water<br />

between 800 and 1000 VIPs<br />

each day <strong>of</strong> racing.<br />

“Emirates Team NZ works<br />

on the basis <strong>of</strong> having hundreds<br />

<strong>of</strong> smaller sponsors who<br />

become part <strong>of</strong> the family and<br />

will have to be entertained.<br />

That means eight to 10 ferries<br />

will be needed.”<br />

In addition, the teams so<br />

Strong growth expected<br />

for new precinct, says<br />

NZ Marine Industry<br />

Association’s Peter Busfield.<br />

Photo/Tauranga City Council.<br />

far signed up from Italy, the<br />

US and the UK, will also have<br />

hundreds <strong>of</strong> VIPs to host, there<br />

would likely to be another<br />

20 or so ferries needed, said<br />

Busfield, plus there would<br />

likely be more than one thousand<br />

media.<br />

“There is a lot infrastructure<br />

involved and Auckland just<br />

does not have the required infrastructure<br />

to handle than number<br />

<strong>of</strong> vessels. So I am expecting<br />

that you will get some pretty<br />

good business leading up to the<br />

America’s Cup.”<br />

Busfield said the NZMIA<br />

currently had about 200 companies<br />

listed nationwide, with<br />

470 apprentices in training.<br />

“With the growth nationwide,<br />

we are expecting to see<br />

about 600 apprentices in the<br />

next couple <strong>of</strong> years, and I’m<br />

sure that a lot <strong>of</strong> those new<br />

employees will come from<br />

Tauranga.”<br />

Dustless Vapour Blasting<br />

Sand Blasting<br />

Commercial Marine Painting<br />

New Builds<br />

Repaints<br />

Paint Repairs<br />

Antifouling<br />

Propspeed<br />

New Zealands premier marine painters, providing an<br />

international standard <strong>of</strong> finish to the local market.<br />

From Luxury yachts to Work boats, we've got you covered<br />

0800 SY COAT<br />

email: info@superyachtcoatings.com<br />

web: www.superyachtcoatings.com


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

Investors in the Marine Precinct<br />

Hutcheson Boatbuilders<br />

Hutcheson Boatbuilders,<br />

run by Don Mattson, has<br />

been in the marine business<br />

since 1993 and is wellknown<br />

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

nationally for its high-quality<br />

boat building workmanship.<br />

The firm - which has been<br />

based out <strong>of</strong> Sulphur Point<br />

for more than two decades -<br />

undertakes a complete range <strong>of</strong><br />

shipwright and boat-building<br />

work on recreational and commercial<br />

vessels.<br />

Hutcheson also undertakes<br />

new boat construction, vessel<br />

refits, vessel repairs and maintenance,<br />

general marine engineering,<br />

osmosis repairs, stainless<br />

steel work, and repaints.<br />

Mattson, who has been<br />

pushing for an integrated<br />

marine service centre and<br />

replacement for the decommissioned<br />

former slip for some<br />

years, said the industry now<br />

had the confidence that it could<br />

service both commercial and<br />

recreational boats that were <strong>of</strong> a<br />

larger tonnage than in the past.<br />

“We have a very vibrant<br />

fishing industry in Tauranga<br />

and we haven’t been able to<br />

service their bigger boats for<br />

some time, and now we can.<br />

“That will help locals<br />

who won’t have to travel to<br />

Whangarei for a lift anymore,<br />

which is quite a wasteful journey<br />

for a local fishing boat.”<br />

“We’re now really up for<br />

the challenge and to move<br />

forward.”<br />

Pacific 7<br />

Pacific 7 is a marine contracting<br />

company run by<br />

Sean Kelly, one <strong>of</strong> the<br />

long-established identities on<br />

the Sulphur Point waterfront,<br />

who has a fleet <strong>of</strong> workboats<br />

and barges and a tug.<br />

The company supplies a<br />

number <strong>of</strong> marine services to<br />

local and central government,<br />

including piling, surveying,<br />

salvage and mooring.<br />

Current projects include<br />

supplying the vessel for a seabed<br />

survey in the Eastern <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong>.<br />

Pacific 7 has also recently<br />

purchased a 31 metre boat<br />

from the US, which Kelly said<br />

he expected would be put to<br />

work on a project in the South<br />

Pacific for several months.<br />

His electric work boat<br />

concept (see <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong>, May-June<br />

<strong>2018</strong>) has generated considerable<br />

interest and Pacific 7 is<br />

now preparing for a project in<br />

mid-October to convert a twin<br />

diesel engine recreational boat<br />

to electric propulsion.<br />

“We’ve got a number <strong>of</strong><br />

people who are seriously interested<br />

in the electric option,”<br />

said Kelly.<br />

“We’re looking forward<br />

to our tenure at the Marine<br />

Precinct. It will mean a brand<br />

new workshop for us, with<br />

new berthage facilities, so we<br />

can maintain our own boats<br />

efficiently and provide services<br />

to others.”<br />

Super Yacht Coatings<br />

SYC specialises in the fairing<br />

and painting <strong>of</strong> large luxury<br />

vessels.<br />

Since its formation in 2011<br />

by Mark Hanna and Regan<br />

Woodward, the company has<br />

worked for numerous boat<br />

The Pachoud Sport Cat 60 VS model. Her maiden voyage was an 870nm crossing to<br />

New Caledonia, averaging an astonishing 32 knots. Photo/Pachoud Yachts.<br />

ed when it was built at Alloy<br />

Yachts about five years ago.<br />

Pacific 7’s Sean Kelly noted<br />

that SYC’s contribution to the<br />

precinct would be significant.<br />

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

difficulties you have with<br />

maintaining a boat these days<br />

- you want to put them in the<br />

shed and reduce environmental<br />

risks. Mark and Regan’s<br />

painting facility will be a big<br />

draw card.”<br />

Pachoud Yachts<br />

Pachoud Yachts is a progressive<br />

and innovative<br />

boat-building company,<br />

specialising in the construction<br />

<strong>of</strong> luxury composite yachts,<br />

which has been operating in<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> for more<br />

than three decades.<br />

The company is focused<br />

on: custom building large luxury<br />

yachts and superyachts,<br />

building a semi-production<br />

range <strong>of</strong> Sport Cats, the refit<br />

COVER STORY<br />

<strong>of</strong> superyachts, and the conversion<br />

<strong>of</strong> commercial vessels<br />

into superyachts.<br />

“As a business we are currently<br />

going through an extended<br />

period <strong>of</strong> high growth, with<br />

the rapidly growing popularity<br />

<strong>of</strong> our Sport Cat range being<br />

a significant contributor,”<br />

said managing director Dave<br />

Pachoud.<br />

“We are increasing our<br />

research and development in a<br />

range <strong>of</strong> fields, including hydrodynamics<br />

and hydr<strong>of</strong>oil design -<br />

an area in which we have broken<br />

numerous boundaries.<br />

We are currently expanding<br />

our highly skilled composite,<br />

mechanical, interior and painting<br />

teams as well.<br />

Our new high-tech facility<br />

in the Marine Precinct will be<br />

able to house vessels <strong>of</strong> up to<br />

60m in length for new build<br />

and refit.<br />

“We are very excited to be<br />

a part <strong>of</strong> the Marine Precinct<br />

development and believe it will<br />

builders, shipyards and yacht<br />

owners throughout the world.<br />

The company was set up in<br />

Auckland, and its BOP-born<br />

owners are taking the opportunity<br />

presented by the precinct<br />

to move to a purpose-built<br />

facility that will become its<br />

new operational HQ.<br />

“Our first client was Alloy<br />

Yachts,” said Woodward.<br />

“Back then SYC employed six<br />

people on a labour-only contract.<br />

We now employ around<br />

35 staff working around<br />

Australasia. We are planning<br />

on bringing a lot <strong>of</strong> work from<br />

out <strong>of</strong> town and <strong>of</strong>fshore into<br />

Tauranga.<br />

“We are looking to hire<br />

local Tauranga people who<br />

are motivated to work in the<br />

marine painting industry and<br />

we are <strong>of</strong>fering apprenticeships.”<br />

SYC is about to begin its<br />

first super yacht repaint job on<br />

the new hardstand - a 44 metre<br />

sloop they originally paintbe<br />

a serious benefit to Tauranga<br />

and the local economy.”<br />

RMD Marine<br />

RMD Marine fishes and<br />

lands fish from the West<br />

Coast to the East Coast<br />

<strong>of</strong> the North Island.<br />

The company, owned by<br />

the three Rawlinson brothers,<br />

Roger, Marcus and Daniel, is<br />

now focusing its efforts on the<br />

company’s state <strong>of</strong> the art 24<br />

metre trawler Santy Maria.<br />

Launched in 2016, this was<br />

one <strong>of</strong> the first new build fishing<br />

boats in the industry for<br />

many years and has replaced a<br />

number <strong>of</strong> older boats operated<br />

by RMD Marine.<br />

RMD Marine has been<br />

working for some years with<br />

Moana Pacific Fisheries and<br />

is partnering with them on its<br />

fleet renewal.<br />

“Our current fishing focus<br />

is to land quality and sustainable<br />

fish with less impact on<br />

the environment,” said Roger<br />

Rawlinson.<br />

“We have replaced our older<br />

vessels with the Santy Maria to<br />

do so. We are still catching the<br />

same fish, but in a better way<br />

and the safety <strong>of</strong> our crew at sea<br />

is held at the highest standard.”<br />

RMD Marine/Moana<br />

Pacific has been on the<br />

Sulphur Point waterfront for<br />

several years, and will be sharing<br />

adjacent wharf space with<br />

longtime Sulphur Point occupant,<br />

Sean Kelly <strong>of</strong> Pacific 7.<br />

“The development <strong>of</strong> the<br />

new wharf will deliver extra<br />

berthing, which is well overdue.<br />

Finalising this isn’t far<br />

away, and we have plans laid<br />

out and are ready to roll.”<br />

SMF Provides the Full<br />

Range <strong>of</strong> Specialised<br />

Marine Hardware Solutions<br />

Specialised Metal Fabricators Ltd is now up and running in<br />

its new <strong>of</strong>fice and workshop in the Marine Precinct at Sulphur<br />

Point. SMF <strong>of</strong>fers contract manufacturing, metal fabrication<br />

and machining services, including all types <strong>of</strong> marine<br />

stainless steel, aluminium and other metal- based work<br />

across the full range <strong>of</strong> boat chandlery and other hardware.<br />

SMF specialises in the manufacture<br />

<strong>of</strong> one-<strong>of</strong>f components and small<br />

production runs, complementing its<br />

ability to provide efficient repairs and<br />

maintenance. The team can provide innovative<br />

design solutions and advice to<br />

clients, drawing on more than 25 years’<br />

experience in marine fabrication.<br />

“Our goal is to provide our clients with<br />

innovative custom engineering solutions<br />

that have a perfect blend <strong>of</strong> value and<br />

quality,” says owner and director Jim Mc-<br />

Manaway.<br />

Recent projects have included stainless<br />

and alloy tanks, exhaust elbows, heat<br />

exchanges, hand rails, pushpits and pulpits,<br />

stanchion repairs, stanchion bases,<br />

bimini frames, dodger bows, fair leads,<br />

tandem alloy boat trailers, bait stations,<br />

dive ladders, hard top supports and radar<br />

arches. SMF also repair a wide range <strong>of</strong><br />

alloy-bronze, brass, magnesium, titanium<br />

and stainless castings and fittings.<br />

Apart from SMF's marine engineering<br />

work, the company has also been involved<br />

in the manufacture <strong>of</strong> residential balustrades<br />

architectural fittings and frames,<br />

fencing and gates. In fact SMF can provide<br />

expert advice on almost any metal fabrication<br />

job.<br />

07 578 1575<br />

1 Den Place,<br />

Marine Precinct, Tauranga<br />

metalfabmf.co.nz


COVER STORY<br />

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

Stakeholders urge collaboration<br />

to make best <strong>of</strong> precinct<br />

Phil Wardale, who project managed the Marine Precinct<br />

development, and whose consultancy will now manage<br />

Tauranga City Council-owned Vessel Works, acknowledges there<br />

have been some hiccups in the years <strong>of</strong> developing the hub.<br />

By DAVID PORTER<br />

fair to say we took<br />

some time out during the<br />

“It’s<br />

project to be really sure<br />

at every step as decisions were<br />

made that we were doing it the<br />

right way,” he said. “What we<br />

stayed focused on was a lot <strong>of</strong><br />

future pro<strong>of</strong>ing.”<br />

It was originally hoped the<br />

hardstand would be installed<br />

by late last year. The precinct<br />

is now operational and the<br />

hoist has so far successfully<br />

lifted almost a dozen vessels.<br />

But there are still negotiations<br />

going on with civil works contractors<br />

HEB Construction<br />

over some completion issues<br />

and costs, and it could be up<br />

to a year before some stakeholding<br />

companies will be in<br />

a position to finally move into<br />

their own completed premises.<br />

Wardale says the weather<br />

and evolving specs played a<br />

large role in the delays.<br />

“During last Winter, HEB<br />

Construction had a lot <strong>of</strong> difficulties<br />

with the rain. They<br />

had months where they had<br />

washed-out base course under<br />

the slab, and by the end <strong>of</strong> the<br />

year were struggling to get the<br />

right weather conditions.”<br />

Phil Wardale (above): Aim was to future pro<strong>of</strong> the new<br />

hardstand and hoist (right). Photos/Tauranga City Council.<br />

Wardale said there were<br />

also amendments to the specs<br />

along the way, which has taken<br />

extra time. The last major<br />

works still being completed<br />

involve the water processing<br />

plant.<br />

“That has moved from<br />

being a plant that was quite<br />

simple for stage one, to being<br />

one <strong>of</strong> the most advanced in<br />

the country for a boatyard,<br />

which is now able without any<br />

modifications to take stage two<br />

and three,” he said.<br />

“It also now includes fully<br />

computerised recycling <strong>of</strong> the<br />

water. There’s a whole lot <strong>of</strong><br />

detail like that because we<br />

have continually massaged the<br />

project to get the best outcome.”<br />

The TCC’s Jaine Lovell-<br />

Gadd confirmed that final<br />

quality issues were being<br />

worked through with HEB<br />

Construction.<br />

“These are just things that<br />

happen at the end <strong>of</strong> a contract,”<br />

she said. “Originally we<br />

were looking at a smaller project<br />

and hoist, then you put it<br />

to market, then get a chance to<br />

make it bigger. I think we are<br />

making good progress.”<br />

Wardale said that five people<br />

were trained in using the<br />

hoist, including himself and<br />

Wardale Ltd staff, and more<br />

would be trained up. Now that<br />

Wardale had won the contract<br />

to run the facility for the council,<br />

operating manuals, price<br />

lists and processes were being<br />

drawn up.<br />

“We’ve now got a lot <strong>of</strong><br />

work to do in marketing the<br />

precinct,” he said. “The local<br />

region knows about it and my<br />

task is to spread the word in<br />

the wider region. We want to<br />

provide an efficient and seamless<br />

operation.”<br />

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

<strong>News</strong> has spoken to all <strong>of</strong> the<br />

major stakeholders on the project,<br />

and there was a general<br />

feeling there was a need for<br />

better communication between<br />

the council and business as the<br />

precinct moves into its next<br />

phase.<br />

Hutcheson Boatbuilders’<br />

Don Mattson said that, despite<br />

some issues coming up during<br />

the development, overall it was<br />

time to be positive about what<br />

had been achieved.<br />

“A lot <strong>of</strong> areas don’t have<br />

councils doing something<br />

like this and getting behind<br />

the industry like this,” said<br />

Mattson. “It’s a new venture<br />

for everyone. And we’ve got<br />

work coming in already. We<br />

need to work more closely<br />

with the council so they understand<br />

where we are coming<br />

from.”<br />

SMF Engineering’s Jim<br />

McManaway said he thought<br />

what the council had achieved<br />

since Wardale’s involvement<br />

had been great.<br />

“Now, given we’ve transitioned<br />

from the conceptual to<br />

the operational stage, it’s my<br />

belief we should be looking at<br />

more <strong>of</strong> a pragmatic and collaborative<br />

approach between<br />

stakeholders.”<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


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

<strong>Bay</strong>park launches<br />

new Concert Series<br />

<strong>Bay</strong>park has launched a new <strong>Bay</strong>park Concert Series aimed<br />

at bringing top calibre acts to the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>.<br />

The series will cater to the<br />

family and mature market<br />

and sees <strong>Bay</strong>park<br />

adopting a much more proactive<br />

approach to sourcing<br />

high quality concert acts,<br />

says Gillian Houser, the venue’s<br />

<strong>Business</strong> Development<br />

Manager.<br />

The first in what will be a<br />

four concert series each year, is<br />

The Merchants <strong>of</strong> Bollywood<br />

(on Tuesday, 23 October), followed<br />

by vocal icon Dionne<br />

Warwick’s Greatest Hits Tour<br />

(on Sunday, 11 November.)<br />

The five time Grammy®<br />

winner was last in New Zealand<br />

when Warwick toured in the<br />

mid-nineties, a tour Houser<br />

was involved in promoting in<br />

a previous role. Warwick was<br />

originally on an Australianonly<br />

tour. She had not intended<br />

to come to New Zealand until<br />

Houser visited Australian promoters<br />

and secured exclusive<br />

rights for <strong>Bay</strong>park to present<br />

her in the North Island. The<br />

Australian promoter arranged<br />

for a Christchurch concert for<br />

Warwick’s only other appearance<br />

in New Zealand.<br />

“Our driver is all about<br />

building on our reputation<br />

that <strong>Bay</strong>park is the Hub <strong>of</strong><br />

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

<strong>Plenty</strong>,” said Houser.<br />

“We haven’t been getting<br />

this style <strong>of</strong> entertainment in<br />

Dionne Warwick: Pop icon and<br />

multimillion selling recording legend.<br />

the city, which is why we’ve<br />

launched our Concert Series.<br />

The reality is that to get top<br />

acts we need to get closer to<br />

the source and bring them in<br />

ourselves.”<br />

The proactive approach<br />

to researching, sourcing and<br />

signing international acts has<br />

resulted in performers coming<br />

to <strong>Bay</strong>park that would<br />

never previously have considered<br />

Tauranga. Growth in the<br />

region now means that demand<br />

for these entertainers is there<br />

The Merchants <strong>of</strong> Bollywood will provide<br />

a riot <strong>of</strong> high energy dance and music.<br />

and <strong>Bay</strong>park expects ticket<br />

demand to be very strong.<br />

The series has been a long<br />

time coming with many hours<br />

<strong>of</strong> planning and international<br />

correspondence.<br />

Houser said <strong>Bay</strong>park was<br />

already in negotiations with<br />

a number <strong>of</strong> other potential<br />

international artists to maintain<br />

the flow <strong>of</strong> high quality acts<br />

into Tauranga next year.<br />

Confidence in the success<br />

<strong>of</strong> the tour is further cemented<br />

by Farmer Auto Village supporting<br />

the series as a key<br />

sponsor.<br />

“It is with great pleasure<br />

and huge excitement that the<br />

team at Farmer Auto Village<br />

are enthusiastically involved in<br />

this wonderful concert series,”<br />

said Michael Farmer, Group<br />

Managing Director.<br />

“It’s fantastic to see<br />

Tauranga can host such a high<br />

calibre <strong>of</strong> artists in our great<br />

city.”<br />

The Merchants <strong>of</strong><br />

Bollywood was originally<br />

booked to take part in a<br />

Auckland festival, but <strong>Bay</strong>park<br />

has secured the rights to one<br />

other New Zealand appearance<br />

in Tauranga.<br />

The concert features a cast<br />

<strong>of</strong> more than 40 performers<br />

direct from Film City Mumbai<br />

– the home <strong>of</strong> Bollywood<br />

Cinema.<br />

The show tells the story<br />

<strong>of</strong> how the Merchant family<br />

dynasty upholds the responsibility<br />

for maintaining the<br />

ancient traditions <strong>of</strong> the Kathak<br />

dance, the dance <strong>of</strong> the Gods.<br />

Featuring a cast <strong>of</strong> more<br />

than 40 performers adorned<br />

in 1200 different eye-popping<br />

costumes and 5000 pieces<br />

<strong>of</strong> glistening jewellery, this<br />

uplifting show is a riot <strong>of</strong> colour<br />

and high-energy music<br />

by award-winning composers<br />

Salim and Sulaiman Merchant.<br />

Sensational dance scenes<br />

are choreographed by Vaibhavi<br />

Merchant, granddaughter <strong>of</strong><br />

Hiralalji Merchant, one <strong>of</strong> the<br />

founders <strong>of</strong> classic Bollywood<br />

Cinema.<br />

Merchant’s choreography<br />

incorporates many different<br />

styles <strong>of</strong> Indian dancing<br />

including folkloric dance from<br />

Rajasthan and contemporary<br />

forms such as disco – showcasing<br />

the true variety <strong>of</strong><br />

Bollywood musicals.<br />

Tickets available from<br />

Ticketek and start from $85.00.<br />

The un-missable, five-time<br />

Grammy® winner Dionne<br />

Warwick is renowned for<br />

her scintillating and sensual<br />

interpretations <strong>of</strong> pop classics,<br />

including many from<br />

chart-topping songwriters Burt<br />

Bacharach and Hal David.<br />

Warwick has become a<br />

cornerstone <strong>of</strong> American pop<br />

music and culture, with a<br />

career that has lasted half a<br />

century with 75 charted hit<br />

songs and record sales <strong>of</strong> more<br />

than 100 million.<br />

With timeless classics<br />

“Don’t Make Me Over” “Walk<br />

on By” “Anyone Who Had a<br />

Heart”, “Message to Michael”,<br />

“Promises Promises”, “A<br />

House is Not a Home”,<br />

“Alfie”, “Say a Little Prayer”,<br />

“This Girl’s in Love With<br />

You”, “I’ll Never Fall in Love<br />

Again”, “Reach Out For Me”,<br />

and the theme from Valley <strong>of</strong><br />

the Dolls, Warwick is sure to<br />

captivate and entertain.<br />

Tickets from $85.00 available<br />

at Ticketek, including<br />

exclusive VIP meet and greet<br />

opportunities.<br />

For more information on<br />

any events visit www.asbbaypark.co.nz<br />

or call 07 577 8560.<br />

To purchase tickets visit<br />

www.ticketek.co.nz<br />

Exceptional People<br />

Exceptional Care<br />

Care rooms available now<br />

At Radius Care, we know that moving into care can be a big<br />

upheaval, not just for new residents, but for family members too.<br />

That’s why we do all we can to minimise the stress, and make<br />

the transition as smooth and comfortable as possible. Plus, once<br />

you’ve moved in, everything you need, from excellent amenities<br />

to expert care (including residential and hospital level), is right<br />

here, onsite. Giving you peace <strong>of</strong> mind, that whatever the future<br />

brings, your future health and wellbeing needs will be met.<br />

Radius Althorp<br />

9 Grantston Drive, Pyes Pa<br />

Ph (07) 543 2912<br />

Radius Matua<br />

24 Levers Road, Matua<br />

Ph (07) 576 2802<br />

www.radiuscare.co.nz 0800 737 2273<br />

With 22 locations, 1500 staff and 1700 residents nationwide, Radius Care is one <strong>of</strong> the<br />

largest providers <strong>of</strong> aged care in New Zealand, and also considered one <strong>of</strong> the best.


BAY OF PLENTY BUSINESS NEWS <strong>August</strong>/<strong>September</strong> <strong>2018</strong> 9<br />

Westpac Awards announces new<br />

Corporate Sponsorship category<br />

Entries are now open for the Westpac<br />

Tauranga <strong>Business</strong> Awards, with Air New<br />

Zealand sponsoring a new category that<br />

will celebrate Corporate Sponsorship<br />

and Philanthropy. Entries for all except<br />

the new category will close on Friday, 14<br />

<strong>September</strong>, with results announced at<br />

the annual awards gala at ASB Arena on<br />

Friday, 9 November.<br />

The Tauranga Chamber<br />

<strong>of</strong> Commerce is calling<br />

for the nomination <strong>of</strong><br />

supportive businesses in the<br />

new category by Friday, 28<br />

<strong>September</strong>.<br />

Awards organiser Anne<br />

Pankhurst said the chamber<br />

was delighted Air New<br />

Zealand is supporting the<br />

important new category.<br />

“The corporate sector supports<br />

and contributes an enormous<br />

amount towards the<br />

community, and it was felt<br />

that this needs to be recognised<br />

through an award,” said<br />

Pankhurst.<br />

“While a large amount<br />

is contributed through the<br />

ever-necessary money, the corporate<br />

sector also contributes<br />

its time and expertise.<br />

“It was felt that if this was<br />

recognised in a tangible manner,<br />

it would encourage the<br />

philanthropic culture that is<br />

needed to support and grow<br />

the social infrastructure <strong>of</strong><br />

the city.”<br />

Judges are carefully selected<br />

for their business skill and<br />

knowledge, with any conflicts<br />

established at the beginning<br />

<strong>of</strong> the process. Judging will<br />

proceed in three stages.<br />

The first stage is the initial<br />

assessment <strong>of</strong> the entry by the<br />

head judge, financial judge and<br />

awards coordinator.<br />

In stage two businesses will<br />

be visited by the judges, who<br />

will drill down in more detail<br />

on the entry and gain an over<br />

all impression <strong>of</strong> the business.<br />

This interview will take<br />

up to two hours. There may<br />

also be a third stage where the<br />

judges may return for a second<br />

site visit or a specialist judge<br />

may visit.<br />

At this point there will be<br />

further scrutiny to financials,<br />

staff and any further detailed<br />

information.<br />

Judges may request customers<br />

or suppliers information<br />

to gain feedback, and may<br />

ask to involve staff.<br />

Pankhurst said the chamber<br />

was still finalising who would<br />

serve as head judge.<br />

Last year’s Westpac<br />

Tauranga award winner was<br />

1st Call Recruitment, which<br />

not only picked up the overall<br />

award for <strong>Business</strong> <strong>of</strong><br />

the Year, but also won in the<br />

Embracing Digital Technology<br />

category, and picked up a<br />

Highly Commended award for<br />

Workplace Safety.<br />

The company, which has<br />

become the biggest employment<br />

agency in the Central<br />

North Island since it was<br />

founded in Tauranga in 2006,<br />

says it has found the awards<br />

process very useful.<br />

Managing Director Phill<br />

Van Syp said the award wins<br />

had been very helpful in winning<br />

new business and had<br />

prompted a lot <strong>of</strong> positive<br />

comment from clients.<br />

“We reviewed everything<br />

about the business when we<br />

went through the awards<br />

process. We re-evaluated<br />

everything and found some<br />

holes that we could fix.<br />

“We’ve moved away from<br />

some sectors, but we’re putting<br />

more effort and focusing<br />

on other areas <strong>of</strong> the business,<br />

including the white-collar<br />

sector, which has seen huge<br />

growth for us.”<br />

1st Call also has a new<br />

employment-related s<strong>of</strong>tware<br />

product coming out at the end <strong>of</strong><br />

the year, and has been working<br />

with Callaghan Group on this.<br />

“The awards have been<br />

very positive for everyone<br />

here,” he said.<br />

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

NOVEMBER/DECEMBER 2017 VOLUME 2: ISSUE 17 WWW.BOPBUSINESSNEWS.CO.NZ FACEBOOK.COM/BOPBUSINESSNEWS<br />

1st Call Recruitment’s team celebrates its big win.<br />

Photo: Natalie Murdoch Photography/Tauranga<br />

Chamber <strong>of</strong> Commerce.<br />

1st Call<br />

gets the call at<br />

Tauranga awards<br />

Bravery and a willingness to strategically<br />

integrate technology in business were<br />

the key themes at the 2017 Westpac<br />

Tauranga <strong>Business</strong> Awards, held before<br />

a crowd <strong>of</strong> 450 at the annual gala event<br />

at ASB Arena this month.<br />

By DAVID PORTER<br />

st Call Recruitment led<br />

the roll call <strong>of</strong> 13 win-<br />

taking out the overall 1ners,<br />

Westpac <strong>Business</strong> <strong>of</strong> the Year<br />

Award. The company also<br />

won the Vodafone Embracing<br />

Digital Technology Award, and<br />

was highly commended in the<br />

ACC Workplace Safety Award.<br />

Tui Products, a former<br />

Westpac <strong>Business</strong> <strong>of</strong><br />

the Year winner, received<br />

the University <strong>of</strong> Waikato<br />

Corporate Leadership Award.<br />

Innovative Mount<br />

Maunganui-based design<br />

BUSINESS<br />

ClaaS<br />

NO IT IS<br />

NOT A SPELLING<br />

MISTAKE -<br />

FIND OUT MORE<br />

AT ARRIVALS<br />

Best<br />

in <strong>Bay</strong><br />

store Paper Plane won the<br />

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

Sustainable <strong>Business</strong> Practices<br />

Award, with a highly commended<br />

going to the Young<br />

Innovator Awards team.<br />

(Please see pages 23-29 for<br />

full coverage <strong>of</strong> all winners.)<br />

The awards are run by<br />

the Tauranga Chamber <strong>of</strong><br />

Commerce, and coordinator<br />

Anne Pankhurst said this<br />

year saw an increased number<br />

<strong>of</strong> entrants, with a wide<br />

mix <strong>of</strong> businesses across<br />

all sectors and business<br />

practice.<br />

Head judge and financial<br />

assessor Raimarie Pointon,<br />

a principal <strong>of</strong> Young Read<br />

Glen Forgie, chief executive <strong>of</strong> Corporate Award winner Tui Products,<br />

with Heather Connolly <strong>of</strong> category sponsor University <strong>of</strong> Waikato. Photo:<br />

Natalie Murdoch Photography/Tauranga Chamber <strong>of</strong> Commerce.<br />

Woudberg, also commented on<br />

the wide range <strong>of</strong> high calibre<br />

local businesses.<br />

“There has been a very clear<br />

theme to the 2017 Westpac<br />

<strong>Business</strong> <strong>of</strong> the Year Awards<br />

with the entrants showing<br />

more entrepreneurship and<br />

innovation,” she said.<br />

CLOUD AS A SERVICE<br />

“As never before, we have<br />

seen local businesses embracing<br />

technology as the cornerstone<br />

for carefully considered<br />

and well-structured strategy.”<br />

Tauranga Chamber chief<br />

executive Stan Gregec said it<br />

was great to see a mix <strong>of</strong> both<br />

newer and more established<br />

businesses being recognised in<br />

this year’s awards.<br />

“The Tauranga business<br />

landscape is changing every<br />

year and we are seeing a<br />

whole new crop <strong>of</strong> businesses<br />

emerging that add variety,<br />

scale and sophistication to our<br />

economic base.”<br />

ARRIVALS<br />

stratusblue.nz/businessclaas<br />

WESTPAC TAURANGA BUSINESS AWARDS <strong>2018</strong><br />

– CATEGORIES<br />

Award<br />

Sponsor<br />

Customer Experience Award......................................... Trustpower<br />

Excellence in Service Award.......................................... YOU Travel<br />

Manufacturing, Construction and Distribution Award..... Powerco Ltd<br />

ACC Workplace Safety Award....................................... ACC<br />

Corporate Leadership.................................................... University <strong>of</strong> Waikato<br />

Social Enterprise........................................................... <strong>Bay</strong> <strong>of</strong> Connections<br />

<strong>Business</strong> Innovation ..................................................... Zespri<br />

Retail Excellence Award................................................ Gartshore Retail Interiors<br />

Tourism and Hospitality................................................. <strong>Bay</strong> Venues<br />

Embracing Digital Technology........................................ Vodafone<br />

Emerging <strong>Business</strong>........................................................ Toi Ohomai<br />

Sustainable <strong>Business</strong> Practices..................................... <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong><br />

Corporate Sponsorship Award...................................... Air New Zealand<br />

1st Call Recruitment’s team celebrates its big wins last year.<br />

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

Proud sponsor <strong>of</strong> the Sustainable <strong>Business</strong> Practice award<br />

Naming Sponsor......................................................... Westpac<br />

Media Partners........................................................... NZME<br />

WINNERS OF THE WESTPAC BUSINESS EXCELLENCE AWARDS 2017<br />

Winner - ‘<strong>Business</strong> <strong>of</strong> the Year’ | Winner - ‘Embracing Digital Technology’<br />

Highly Commended - ‘Workplace Safety’<br />

Tauranga - Hamilton - Auckland - Wellington - Christchurch<br />

0800 46 36 75 l info@1cr.co.nz<br />

www.1cr.co.nz<br />

Make your 1st<br />

Call for all your<br />

recruitment needs<br />

to our award<br />

winning team


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

BOP company aims to get<br />

green gold from region<br />

A new sort <strong>of</strong> green gold may soon rival<br />

SunGold kiwifruit as a high value crop<br />

option for <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> orchardists.<br />

By RICHARD RENNIE<br />

Tauranga-based company<br />

MediCann aims to establish<br />

a network <strong>of</strong> medicinal<br />

cannabis growers throughout<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> to supply<br />

the medical cannabis market,<br />

which is expected to grow rapidly<br />

once government makes<br />

its production legal.<br />

MediCann managing director<br />

Brendan Ogilvy says the<br />

company has targeted the <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> because the region is<br />

home to a high level <strong>of</strong> horticultural<br />

expertise, thanks to its<br />

strength in the kiwifruit and<br />

avocado industry, and because<br />

there is a strong culture <strong>of</strong><br />

entrepreneurship within the<br />

community.<br />

“We are looking to model<br />

our operation <strong>of</strong>f Zespri’s use<br />

<strong>of</strong> plant variety rights with<br />

kiwifruit,” said Ogilvy.<br />

“MediCann will supply the<br />

seeds, the crop standards and<br />

the hardware necessary, with a<br />

contract to purchase from the<br />

grower at harvest time.”<br />

MediCann has attracted significant<br />

investment and inquiries<br />

from some <strong>of</strong> the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>’s most successful growers,<br />

and Ogilvy said the company’s<br />

grower network was<br />

one <strong>of</strong> its key points <strong>of</strong> difference<br />

within the MC industry in<br />

New Zealand.<br />

The company is awaiting<br />

final passage <strong>of</strong> the Misuse<br />

<strong>of</strong> Drugs (medicinal cannabis)<br />

Amendment Bill (see accompanying<br />

article) to be passed<br />

<strong>of</strong>ficially into law, with most<br />

observers expecting this to<br />

occur later in the year.<br />

“We are very happy with<br />

the direction the government<br />

bill is going, and also with<br />

what National has proposed,”<br />

he said.<br />

Internationally, the medicinal<br />

cannabis industry is esti-<br />

mated to be currently worth<br />

US$50 billion, and ultimately<br />

up to US$200 billion.<br />

The value in New Zealand<br />

alone is estimated to be $1<br />

billion, based on Department<br />

<strong>of</strong> Health estimates that<br />

250,000 people a year access<br />

medicinal cannabis.<br />

In light <strong>of</strong> an opioid drug<br />

epidemic in the US claiming<br />

63,000 people a year from<br />

addiction, cannabis treatment<br />

is starting to draw attention<br />

for its effectiveness in certain<br />

treatments, including<br />

pain relief.<br />

It is difficult to overdose<br />

on medical cannabis as a treatment,<br />

and while it does have<br />

addictive characteristics, it sits<br />

lower on that scale than other<br />

addictive options in society,<br />

including alcohol.<br />

Ogilvy says his company<br />

aims to establish secure,<br />

covered growing areas with<br />

a 1000sqm footprint, making<br />

them easy to fit into an existing<br />

orchard’s boundary.<br />

“But it is not a ‘plug and<br />

play’ crop,” he said.<br />

“There is a level <strong>of</strong> grower<br />

training and experience<br />

required, and we will have<br />

agronomists to help get growers<br />

up and running with it.”<br />

Ogilvy said MediCann<br />

would deliver affordable and<br />

accessible cannabinoid-based<br />

treatment <strong>of</strong> the highest medical<br />

standard.<br />

MediCann is co-founded by<br />

two leading medicinal cannabis<br />

experts, Ross Smith, and<br />

Luc Krol, owner <strong>of</strong> Paradise<br />

Seeds, a European supplier <strong>of</strong><br />

cannabis seeds for the past<br />

40 years.<br />

The company’s board also<br />

includes Elizabeth Plant, a<br />

former president <strong>of</strong> the New<br />

Zealand Pharmaceutical<br />

Society and Pharmac advisor,<br />

and Dr Franz Strydom, a wellknown<br />

Tauranga GP and skin<br />

Brendan Ogilvy: Aims to use <strong>Bay</strong>’s strong grower network<br />

to move into medical cannabis market. Photo/Supplied.<br />

cancer doctor.<br />

Ogilvy said the projected<br />

returns for medicinal cannabis<br />

should make interested growers<br />

take notice. MediCann<br />

estimates that one hectare <strong>of</strong><br />

medicinal cannabis will yield<br />

$1.5 million, compared with<br />

one hectare <strong>of</strong> SunGold earning<br />

$110,000 in orchard gate<br />

returns.<br />

Processing will be carried<br />

out with pharmaceutical<br />

partners in New Zealand,<br />

and Ogilvy said the company<br />

already has clinically proven<br />

branded products ready to be<br />

sourced from New Zealand<br />

grown cannabis, once legal<br />

approval is granted.<br />

There is a level <strong>of</strong><br />

grower training and<br />

experience required,<br />

and we will have<br />

agronomists to help<br />

get growers up and<br />

running with it.<br />

Ogilvy and MediCann are<br />

not alone in efforts to secure a<br />

piece <strong>of</strong> the burgeoning medicinal<br />

cannabis market.<br />

In May, Auckland-based<br />

company Helius Therapeutics<br />

announced its intention to start<br />

growing and processing medicinal<br />

cannabis from an undisclosed<br />

location in Auckland<br />

from a purpose-built 6500 sqm<br />

growing facility.<br />

The group managed to<br />

raise $15 million in only four<br />

months, including a portion<br />

underwritten by a low pr<strong>of</strong>ile<br />

high wealth family.<br />

Director Paul Manning said<br />

the company was on target to<br />

employ about 60 people and<br />

ultimately start exporting into<br />

the lucrative trade.<br />

Down on the East Coast,<br />

Hikurangi Hemp managed to<br />

crash crowd-funding website<br />

PledgeMe when it attempted<br />

to raise $2 million on the site<br />

in April.<br />

The company achieved the<br />

$2 million target, along with<br />

an additional $1.4 million in<br />

registered interest.<br />

An additional $4 million is<br />

intended to be raised from institutional<br />

investors.<br />

While both companies have<br />

connections to overseas seed<br />

suppliers and expertise, they<br />

are locally owned.<br />

All parties jumping on medical<br />

cannabis bandwagon<br />

As political parties jostle<br />

for voter attention in the<br />

crowded centre <strong>of</strong> New<br />

Zealand’s political spectrum,<br />

medical cannabis is proving an<br />

unlikely subject to grab their<br />

interest.<br />

Attention was piqued earlier<br />

this year when the Misuse<br />

<strong>of</strong> Drugs (medicinal cannabis)<br />

Amendment Bill passed its<br />

first reading. The Bill had its<br />

second reading in late July.<br />

However, the final report<br />

from the Health Committee<br />

has stalled the Bill, with<br />

the committee being unable<br />

to reach agreement due to a<br />

polarity <strong>of</strong> views and complexity<br />

<strong>of</strong> the issues.<br />

These are largely around<br />

the lack <strong>of</strong> detail on dispensing,<br />

eligibility, monitoring and<br />

reporting.<br />

Despite that, the Bill is<br />

expected to still go into its<br />

second reading, and ultimately<br />

be passed into law. The legislation<br />

aims to make it legal for<br />

people suffering from terminal<br />

disease and chronic pain to<br />

legally access cannabis-based<br />

products.<br />

The Labour Partysponsored<br />

Bill also comes<br />

with the condition imposed<br />

by the Greens in the coalition<br />

arrangement, that a referendum<br />

be held on legalising<br />

marijuana use, a move also<br />

supported by New Zealand<br />

First.<br />

Meantime, not to be outdone,<br />

National surprised<br />

many in late July by dropping<br />

its initial support for the Bill,<br />

and putting forward its own<br />

alternative medicinal cannabis<br />

Bill.<br />

National leader Simon<br />

Bridges said the government’s<br />

Bill ignored how a medicinal<br />

cannabis system would operate<br />

in practice.<br />

“The government has said<br />

it will increase access now and<br />

leave it to <strong>of</strong>ficials to think<br />

through the controls and the<br />

consequences later.<br />

“That’s typical <strong>of</strong> this government<br />

but it’s not acceptable,<br />

so we are putting forward a<br />

comprehensive alternative,”<br />

he said.<br />

National’s proposal requires<br />

products to be approved the<br />

same way other medicines are<br />

approved, through Medsafe,<br />

and cannabis products supplied<br />

only by pharmacist, and<br />

cultivators and manufacturers<br />

licensed for commercial production.<br />

No advertising will be<br />

permitted.<br />

Expectations are that,<br />

despite National dropping its<br />

support for the Bill as it now<br />

stands, a version <strong>of</strong> the proposed<br />

legislation will still find<br />

passage through Parliament to<br />

become an Act before the end<br />

<strong>of</strong> the year.<br />

Meantime an annual survey<br />

conducted by the New Zealand<br />

Drug Foundation has found a<br />

lift in public support for legalising<br />

marijuana use, moving<br />

up from 78 percent a year<br />

ago to 87 percent this year.<br />

– By RICHARD RENNIE


BAY OF PLENTY BUSINESS NEWS <strong>August</strong>/<strong>September</strong> <strong>2018</strong> 11<br />

Taxing forestry investment income<br />

For those who have investments in forestry, it’s timely to consider<br />

the legitimate opportunities available to manage your tax bill when<br />

the harvest income finally starts to roll in.<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 />

With average log prices<br />

tracking above the<br />

three-year average,<br />

investors are earning significant<br />

lump-sum amounts <strong>of</strong><br />

income as the stands are harvested<br />

and sold.<br />

First, some background.<br />

Forestry is a tax favoured<br />

investment. Operating and<br />

growing costs are tax deductible<br />

upfront, while the income<br />

is not derived and taxed until<br />

years down the track when the<br />

trees are ultimately harvested<br />

and sold.<br />

To make the most <strong>of</strong> the<br />

favourable tax rules, the preferred<br />

type <strong>of</strong> investment fund<br />

entity is one that is transparent<br />

for tax purposes.<br />

The most common type <strong>of</strong><br />

transparent entity for widely<br />

held forestry investment funds<br />

is a partnership.<br />

An entity - like a partnership<br />

- is transparent for tax<br />

purposes in that it does not<br />

pay tax in its own capacity.<br />

The investors do instead. Any<br />

forestry income earned, or<br />

expenditure incurred by the<br />

entity is deemed to be earned<br />

and incurred by the investors<br />

in proportion to their ownership<br />

interest in the vehicle.<br />

So, an investor’s share <strong>of</strong><br />

the annual operating costs<br />

incurred by the forestry entity<br />

flows through to the investor<br />

and can be <strong>of</strong>fset against<br />

the investor’s other income.<br />

Similarly, the investor’s<br />

share <strong>of</strong> the harvest income<br />

is received and taxed in the<br />

hands <strong>of</strong> the investor.<br />

Compare this with a<br />

non-transparent entity, such as<br />

To make the most <strong>of</strong><br />

the favourable tax<br />

rules, the preferred<br />

type <strong>of</strong> investment<br />

fund entity is one that<br />

is transparent for tax<br />

purposes.<br />

a standard company, which is<br />

not transparent. The expenditure<br />

will not flow through to<br />

the investors, so they will not<br />

be able to take advantage <strong>of</strong><br />

the tax deduction in the intervening<br />

years.<br />

A further benefit <strong>of</strong> an<br />

investor holding their investment<br />

through a transparent<br />

entity is that it allows another<br />

set <strong>of</strong> favourable tax rules to<br />

be applied when the lumpsum<br />

harvest income is finally<br />

earned.<br />

The tax benefit from these<br />

rules will arise when investors<br />

have lower levels <strong>of</strong> income<br />

in their own names. There are<br />

two sets <strong>of</strong> tax rules that can<br />

benefit investors.<br />

The first set is known as the<br />

Income Equalisation Scheme<br />

(IES). It allows farmers,<br />

fishers and people that earn<br />

income from forestry to spread<br />

the income over future income<br />

years, rather than have it all<br />

taxed in the year it is earned.<br />

Broadly, this is achieved<br />

by the person making a deposit<br />

to an account held by the<br />

Inland Revenue. The amount<br />

deposited is allowed as a<br />

deduction against the current<br />

year income, i.e. it reduces the<br />

income.<br />

Then the amount <strong>of</strong> the<br />

deposit becomes income in the<br />

future income year in which<br />

the taxpayer requests and<br />

obtains the repayment <strong>of</strong> the<br />

amount from Inland Revenue.<br />

Thus, the mechanism <strong>of</strong><br />

paying the deposit and then<br />

having it refunded achieves<br />

the spreading <strong>of</strong> the income<br />

between the years.<br />

The benefit is that the<br />

income may be taxed at an<br />

investor’s lower marginal tax<br />

rate. Whereas, if it was all<br />

earned in the one year it may<br />

push the investor into a higher<br />

tax bracket and be taxed at a<br />

higher tax rate.<br />

The second set <strong>of</strong> rules<br />

allows a person to allocate<br />

income from the disposal <strong>of</strong><br />

timber between the year they<br />

derive the income and the previous<br />

three income years.<br />

So, like the IES it facilitates<br />

the spreading <strong>of</strong> income,<br />

just backwards into past years<br />

instead <strong>of</strong> forwards in future<br />

years.<br />

It enables a person to have<br />

the income taxed at a lower<br />

marginal tax rate in the current<br />

and three previous years, rather<br />

than paying tax at a higher<br />

rate if all the income was taxed<br />

in the year it was earned.<br />

Unlike the IES, no deposit<br />

payment is required to the<br />

Inland Revenue. Instead a person<br />

files an application with<br />

the Inland Revenue no later<br />

than one year after the end <strong>of</strong><br />

the year <strong>of</strong> sale <strong>of</strong> the timber.<br />

For an investment that is<br />

subject to the ebbs and flows<br />

<strong>of</strong> international demand for<br />

timber, and the opportunity<br />

cost <strong>of</strong> not having put the<br />

land to more pr<strong>of</strong>itable uses<br />

along the way, any tax benefits<br />

an investor can gleam will be<br />

well-received.<br />

The comments in this article<br />

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

should not be relied on for<br />

specific cases, where readers<br />

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

RADIO - TV - DIGITAL<br />

HERE’S WHAT LOCAL BUSINESSES<br />

ARE SAYING ABOUT MEDIAWORKS<br />

“We’ve had a successful partnership with<br />

Mediaworks here in the <strong>Bay</strong> for the last<br />

5 years, and have really seen the direct<br />

benefits Radio advertising has had on<br />

our business in that time. The team in<br />

Tauranga have consistently provided<br />

us with great service, acting as trusted<br />

advisers for our marketing activity.”<br />

MARK, GENERAL MANAGER, PACIFIC TOYOTA<br />

“For over 10 years we’ve worked<br />

closely with the Mediaworks team<br />

to help grow our business in the<br />

<strong>Bay</strong>. The jingle we’ve had running<br />

with them all this time still get’s<br />

mentioned to us by our customers -<br />

it’s a catchy number that gets stuck<br />

in their heads....and I love that!”<br />

STEPHEN, OWNER, MR RENTAL<br />

“We were impressed with the results<br />

<strong>of</strong> our Radio campaign following our<br />

recent relocation. On opening day we<br />

were busy from open to close, with<br />

lines out the door! The best part? We<br />

had a 10% increase vs a similar <strong>of</strong>fer<br />

at the old location. Great work with a<br />

short lead up, Radio works!”<br />

BRUCE, OWNER, SUBWAY CBD TAURANGA<br />

#1<br />

NUMBER ONE NETWORK<br />

IN TAURANGA<br />

WITH 88,900<br />

LISTENERS EVERY WEEK<br />

Contact our Tauranga team<br />

today on: 07 928 7300<br />

SOURCE: GFK RADIO AUDIENCE MEASUREMENT SURVEY, COMMERCIAL RADIO<br />

STATIONS, TAURANGA 2/<strong>2018</strong>, ALL PEOPLE 10+, MON - SUN, 12MN-12MN


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


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

<strong>Business</strong> confidence and<br />

investment markets<br />

A recent survey shows business confidence is at a low level in<br />

New Zealand. ANZ’s monthly survey <strong>of</strong> hundreds <strong>of</strong> businesses<br />

nationwide is considered a leading indicator <strong>of</strong> the health <strong>of</strong> the<br />

economy.<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 />

The July survey showed<br />

headline business confidence<br />

at its lowest level<br />

since May 2008, with a net 45<br />

percent <strong>of</strong> respondents reporting<br />

they expect general busi-<br />

ness conditions to deteriorate<br />

in the year ahead.<br />

Firms’ views <strong>of</strong> their own<br />

activity also deteriorated to a<br />

net four percent expecting an<br />

improvement, which is at its<br />

lowest level since May 2009.<br />

The Opposition has made<br />

much <strong>of</strong> this news, claiming it<br />

is evidence <strong>of</strong> poor economic<br />

management <strong>of</strong> the new government.<br />

To be fair, business confidence<br />

usually dips after a<br />

change <strong>of</strong> government, as business<br />

waits to see what the<br />

impact <strong>of</strong> new government<br />

policy will be.<br />

However, survey results are<br />

just one <strong>of</strong> many indicators<br />

signalling economic headwinds.<br />

From an investment perspective,<br />

sharemarket movements<br />

do not strictly correlate<br />

with business confidence.<br />

The following graphs show<br />

the ANZ <strong>Business</strong> Confidence<br />

Index from July 2015 and the<br />

NZX 50 market index for the<br />

same period.<br />

While business confidence<br />

has fallen, particularly over the<br />

last 12 months, the sharemarket<br />

has continued to rise.<br />

One reason for the lack <strong>of</strong><br />

correlation is that the sharemarket<br />

index is weighted to<br />

the largest companies, which<br />

are not necessarily reflective<br />

<strong>of</strong> the domestic economy.<br />

Fisher & Paykel Healthcare<br />

and a2 Milk are the two largest,<br />

both benefitting from a<br />

strong export focus.<br />

a2 Milk in particular has<br />

had a spectacular growth path<br />

in the last 12 months, based<br />

around its Chinese market success<br />

with its infant formula<br />

product.<br />

Because <strong>of</strong> this growth, a2<br />

Milk has been an influential<br />

factor behind the NZX50’s<br />

overall performance.<br />

But despite the lack <strong>of</strong> correlation,<br />

the business confidence<br />

survey does indicate the<br />

investment intentions <strong>of</strong> firms<br />

are declining, which is likely<br />

to have an impact on economic<br />

activity.<br />

Ultimately, a rising share<br />

market reflects corporate<br />

earnings growth, as investors<br />

are prepared to pay more for<br />

growing companies.<br />

Without continued investment,<br />

corporate earnings<br />

growth is likely to be subdued<br />

at best and share market valuations<br />

are likely to be affected.<br />

However, whether the<br />

result will be a share market<br />

correction, or merely a slowing<br />

<strong>of</strong> the rate <strong>of</strong> growth, remains<br />

to be seen, as is the timing <strong>of</strong><br />

any change.<br />

Currently the New Zealand<br />

economy is still expected to<br />

show GDP growth in excess <strong>of</strong><br />

two percent, interest rates continue<br />

to remain at low levels,<br />

unemployment is low, while<br />

government expenditure in the<br />

state services sector and infrastructure<br />

areas is increasing.<br />

All are signs that the economy<br />

is still healthy, with no<br />

slowdown in immediate sight.<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 />

Wolf in sheep’s clothing<br />

In more than a decade <strong>of</strong><br />

studying debtor behavior, I<br />

have come across a few serial<br />

or habitual debtors. The following<br />

is a list <strong>of</strong> behaviours<br />

and statements that seem to be<br />

common indicators <strong>of</strong> likely<br />

problems.<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 />

Contact and request<br />

outside <strong>of</strong> normal bounds<br />

Especially in the trades, I hear<br />

all the time <strong>of</strong> the clients that<br />

“need help right now”, who<br />

call out <strong>of</strong> hours and ask for<br />

services that aren’t normally<br />

supplied.<br />

And they tend to be the<br />

ones that end up causing all<br />

the trouble when it comes time<br />

to pay. That initial behaviour<br />

is telling <strong>of</strong> a reactive, not a<br />

proactive attitude. And it usually<br />

translates into only paying<br />

once pressure is applied.<br />

“If you look after me this<br />

time, there will be a lot more<br />

work coming your way.”<br />

This statement is seldom true.<br />

It speaks to a feeling <strong>of</strong> self-importance<br />

and an expectation <strong>of</strong><br />

special treatment, which is not<br />

a great way to start a financial<br />

relationship.<br />

Post-transaction<br />

negotiation.<br />

This behaviour is more preva-<br />

lent within certain cultures, but<br />

is definitely a warning sign.<br />

The time to negotiate is<br />

before the transaction, not<br />

afterwards, when the supplier<br />

is at a distinct disadvantage.<br />

Provide a written quote with<br />

terms <strong>of</strong> trade and stick to the<br />

price.<br />

I always say to my clients:<br />

“if you don’t believe that<br />

your service is worth what you<br />

charge, then charge less. If you<br />

do, then stick to your guns and<br />

don’t discount.”<br />

Private individuals asking<br />

for a seven day or 20th <strong>of</strong><br />

following invoice, on the<br />

first transaction.<br />

In my experience this is a big<br />

warning sign - it is a fishing<br />

expedition to see how lenient<br />

the credit terms really are, and<br />

seldom ends well.<br />

If asked for this, tell the<br />

potential client that there is<br />

a process in beginning an<br />

account and that a full credit<br />

application will need to be<br />

filled in. Those just fishing<br />

around will normally drop out.<br />

Potential client stating<br />

how good they are at paying<br />

bills, or how wealthy<br />

they are.<br />

This <strong>of</strong>ten highlights ingrained<br />

insecurities surrounding money,<br />

and may be a very good indicator<br />

<strong>of</strong> payment habits that are<br />

just the opposite.<br />

Constant name-dropping <strong>of</strong><br />

well-known individuals or<br />

company directors (if you<br />

are from a large company).<br />

As with the above, this is <strong>of</strong>ten<br />

a good sign <strong>of</strong> insecurity, and<br />

is completely irrelevant if they<br />

are applying for credit. It is<br />

<strong>of</strong>ten used to try and build a<br />

sense <strong>of</strong> importance and circumvent<br />

the normal application<br />

process.<br />

Below are some other comments<br />

that should send up<br />

warning signals, and my suggested<br />

responses.<br />

– I don’t have my wallet with<br />

me, but let the car go and I will<br />

pay by internet tonight. NO.<br />

Go get your wallet or use our<br />

computer to transfer funds.<br />

– Can you make the invoice<br />

out to X…. as they are going<br />

to be paying the bill? NO. But<br />

after payment, we can change<br />

the name on the receipt to the<br />

party who paid.<br />

– Do you credit check<br />

accounts here? YES - we do<br />

and goodbye.<br />

– No, I don’t have any ID<br />

on me. Then that’s how much<br />

credit you will be given.<br />

– I didn’t get the invoice. But<br />

the quote got there OK?<br />

– I have been using your competitor<br />

for years, but want a<br />

change: Overdue account, eh?<br />

– I paid it into the wrong<br />

account. That’s strange,<br />

our account number hasn’t<br />

changed in years.<br />

– I’m not happy with the work.<br />

But you only realised this after<br />

the invoice was issued?<br />

At the end <strong>of</strong> the day there<br />

will always be pr<strong>of</strong>essional<br />

debtors who will try and<br />

have a go, but if you establish<br />

good Terms <strong>of</strong> Trade,<br />

do Comprehensive credit<br />

checks (EQUIFAX), and<br />

employ some simple debtor<br />

pr<strong>of</strong>iling techniques, you can<br />

severely reduce the impact<br />

that these individuals can<br />

have on your business.


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

BOP’s Ecosystem <strong>of</strong> entrepreneurs<br />

– a model for the future <strong>of</strong> work<br />

What we’ve witnessed<br />

in the recent past is;<br />

really great stuff in<br />

business happens when people<br />

break the rules we’ve all been<br />

subconsciously following.<br />

Where once only efficiency<br />

ruled, the ability to be effective,<br />

by being intentionally different,<br />

not following the status<br />

quo, using technology to do<br />

things in new, interesting ways<br />

is now sought-after to remain<br />

competitive.<br />

Those folk who do amazing<br />

stuff? They’re called disruptors<br />

for a reason.<br />

We’re in a place where<br />

people all over the world are<br />

starting to realise that oldstyle<br />

institutions with systems<br />

and hierarchies embedded in<br />

the way things always were<br />

aren’t supporting innovators<br />

and game-changers the way<br />

we need them to.<br />

Of course, there will always<br />

be a place for them and people<br />

who need them, but they’re not<br />

necessarily serving everyone<br />

the way they once did.<br />

When it comes to education<br />

institutions for instance,<br />

for the most part we’ve been<br />

working along the same lines<br />

for too long.<br />

The Industrial Age where<br />

workers were required to be<br />

compliant and do repetitive<br />

tasks consistently, dealing<br />

only with known-knowns and<br />

well understood technology is<br />

over.<br />

We <strong>of</strong>ten get asked why Venture Centre<br />

is focused on curating and supporting a<br />

growing ecosystem <strong>of</strong> entrepreneurs. Short<br />

answer: local people, if supported, can<br />

(and do) do great things, solving problems<br />

and creating new work and opportunities<br />

to increase the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>’s social<br />

and economic success. Here’s a deeper<br />

explanation <strong>of</strong> why.<br />

Those were the elements<br />

around which most <strong>of</strong> our current<br />

education system was built.<br />

Life-long learning-by-doing<br />

and building on the successes<br />

and failures, expertise<br />

and knowledge amongst diverse<br />

communities working<br />

together to make stuff better,<br />

is part <strong>of</strong> the ‘alt-ed’ (alternative<br />

education) which is now<br />

taking shape.<br />

When we see<br />

each other as key<br />

networks and valuable<br />

collaborators, not<br />

competition, we find<br />

there’s room for us all<br />

to succeed.<br />

<strong>Business</strong> has been kind<br />

<strong>of</strong> the same. Until relatively<br />

recently accepted wisdom<br />

dictated a limited range <strong>of</strong><br />

business and delivery models,<br />

structures, hierarchies, management<br />

and measurements be<br />

used in order to deliver results.<br />

Today these models are<br />

changing and evolving, diverse<br />

leadership, speedy experimentation<br />

methods along<br />

with measures including<br />

impact as well as pr<strong>of</strong>it are<br />

redefining what success can<br />

look like.<br />

And that’s where Venture<br />

Centre comes in. We’re here for<br />

the change-makers, those who<br />

challenge the status quo, supporting<br />

them to test their ideas,<br />

providing access to diversity <strong>of</strong><br />

thought, expertise and resources<br />

which nudge them in new<br />

directions.<br />

An ecosystem that backs<br />

people that actualise new generative<br />

solutions to persistent<br />

and growing problems.<br />

That’s what Venture Centre,<br />

along with collaborative<br />

organisations like Priority<br />

One, are striving for here in<br />

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

We were reminded <strong>of</strong> the<br />

importance <strong>of</strong> these disruptive,<br />

entrepreneurial ecosystems<br />

recently, when watching the<br />

wonderful speech USA soccer<br />

icon, Abby Wambach, gave at<br />

Barnard College’s graduation<br />

recently. Here is our favourite<br />

excerpt:<br />

In 1995, around the year<br />

<strong>of</strong> your birth, wolves were<br />

reintroduced into Yellowstone<br />

National Park after being<br />

absent for 70 years.<br />

In those years, the number<br />

<strong>of</strong> deer had skyrocketed because<br />

they were unchallenged,<br />

alone at the top <strong>of</strong> the food<br />

chain. They grazed away and<br />

reduced the vegetation, so<br />

much that the river banks were<br />

eroding.<br />

Once the wolves arrived, they<br />

thinned out the deer through<br />

hunting. But more significantly,<br />

their presence changed the<br />

behavior <strong>of</strong> the deer.<br />

Wisely, the deer started<br />

avoiding the valleys, and the<br />

vegetation in those places<br />

regenerated. Trees quintupled<br />

in just six years.<br />

Birds and beavers started<br />

moving in. The river dams the<br />

beavers built provided habitats<br />

for otters and ducks and<br />

fish. The animal ecosystem<br />

regenerated.<br />

But that wasn’t all. The rivers<br />

actually changed as well.<br />

The plant regeneration stabilized<br />

the river banks so they<br />

stopped collapsing. The rivers<br />

steadied—all because <strong>of</strong> the<br />

wolves’ presence.<br />

See what happened here?<br />

The wolves, who were feared as<br />

a threat to the system, turned<br />

out to be its salvation.<br />

We know that change can<br />

be scary. Plucky upstarts can<br />

be seen as a threat to the way<br />

things have always been done.<br />

However, if you recognise<br />

that the way things have always<br />

been has led us to face the massive<br />

challenges and inequities<br />

we do today; that if we keep<br />

doing the same things, the same<br />

way and not adapt to ubiquitous<br />

connectivity, automation,<br />

increased diversity and the<br />

fourth revolution, we will deepen<br />

and worsen these challenges;<br />

you will know that change is not<br />

only necessary it is a constant<br />

which we need to acknowledge<br />

and incorporate into how we do<br />

things from now on.<br />

Curating and co-ordinating<br />

an ecosystem to support<br />

brave citizens who do things<br />

differently, chose to take the<br />

entrepreneurial path less travelled,<br />

connecting them to<br />

opportunities to learn skills,<br />

access expertise and soak up<br />

knowledge from others in our<br />

community, is a way forward<br />

to ensure our community’s<br />

success.<br />

When we see each other<br />

as key networks and valuable<br />

collaborators, not competition,<br />

we find there’s room for us all<br />

to succeed in this amazing <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> community.<br />

A strong, dynamic, connected<br />

ecosystem – a <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> <strong>of</strong> valuable ideas, created,<br />

tested, launched and grown<br />

by local entrepreneurs can,<br />

will and is delivering work<br />

which benefits us all.<br />

P.S. You can see all <strong>of</strong> Abby’s<br />

bad-ass speech by going here;<br />

http://clik.vc/disruptors.<br />

Entrepreneurs CLOser to solving serious housing crisis<br />

CLOser operates as<br />

a social enterprise.<br />

Pr<strong>of</strong>it is not its<br />

driver. Sustainable,<br />

successful outcomes<br />

for the people it<br />

serves is the primary<br />

measure.<br />

CLOser (partly acronym<br />

for Connected Living<br />

Opportunities) formed<br />

at Tauranga Startup Weekend<br />

2017 to create a replicable<br />

housing model to solve the<br />

affordable housing problem.<br />

Low-income and young<br />

people, non-traditional families<br />

and elderly can’t afford<br />

to buy the type <strong>of</strong> properties<br />

usually designed by property<br />

developers, and there are also<br />

those who would CHOOSE to<br />

live a simpler, more sustainable<br />

way <strong>of</strong> life in close knit,<br />

co-operative communities if<br />

provided with the opportunity.<br />

These models (<strong>of</strong> connected<br />

living) take a significant<br />

amount <strong>of</strong> time because time<br />

and energy gets depleted with<br />

the complex nature <strong>of</strong> the work<br />

required.<br />

Beyond navigating regulations,<br />

you have to find<br />

like-minded people, find the<br />

right site, funding, design and<br />

construction. And then there’s<br />

managing the democratic<br />

decision-making required to<br />

maintain community harmony<br />

which is a job in itself – but<br />

ultimately can be very rewarding.<br />

CLOser aims to take much<br />

<strong>of</strong> the hard work and complexity<br />

out <strong>of</strong> it.<br />

Each CLOser project is<br />

adjusted to its participants<br />

vision/intent and is supported<br />

to become a self-managed<br />

community (if desired).<br />

Affordability is key, and is<br />

why CLOser operates as a<br />

social enterprise. Pr<strong>of</strong>it is not<br />

its driver. Sustainable, successful<br />

outcomes for the people it<br />

serves is the primary measure.<br />

On the eve <strong>of</strong> <strong>2018</strong>’s<br />

Tauranga Startup Weekend<br />

(<strong>August</strong> 31st - <strong>September</strong><br />

2nd) focused entirely on social<br />

impact – we asked CLOser<br />

co-founder and architect,<br />

Bobbie Cornell to give a snapshop<br />

<strong>of</strong> what they’ve been up<br />

to, where they are at and what<br />

they’ve learned.<br />

What challenges has CLOser<br />

faced during the year?<br />

The main challenge has been<br />

being able to dedicate enough<br />

unpaid time to get things moving,<br />

while balancing other<br />

commitments.<br />

The restrictions on suitable<br />

zones and the high costs <strong>of</strong><br />

compliance, and then development<br />

– before even breaking<br />

ground – are also proving challenging.<br />

But we’re determined<br />

to pave the way.<br />

What is your plan now?<br />

We’ve found supporters <strong>of</strong><br />

CLOser are actually people<br />

who have property and investment<br />

capital that want their<br />

legacy to be doing good for<br />

un-served members <strong>of</strong> their<br />

community rather than ‘just’<br />

making money.<br />

We’re developing a detailed<br />

concept as a pilot with a committed<br />

and socially motivated<br />

land owner in Katikati – it’s<br />

a prototype design. We’ve<br />

sourced funding to carry<br />

out our modelling, thanks to<br />

<strong>Bay</strong>Trust and have been working<br />

with Venture Centre and<br />

Akina to build capacity and<br />

to help find and utilise expert<br />

advisory support. Getting this<br />

done is our immediate focus.<br />

And a key to being able to<br />

move forward is finding new<br />

team members and collaborators,<br />

rather than reinventing any<br />

wheels, by working together<br />

we can share knowledge and<br />

spread our capacity across<br />

Bobbie Cornell (left) with the original CLOser co-founders Ina Murphy and Ryan Plank shortly<br />

after Tauranga Startup Weekend 2017.<br />

regions who also need housing<br />

solutions.<br />

What have you learnt along<br />

the way about Tauranga’s<br />

housing that you didn’t know<br />

at the start?<br />

It is deceptively difficult to<br />

do anything ‘outside the box’.<br />

Traditional property development<br />

focused on pr<strong>of</strong>iteering<br />

is seen as the only way.<br />

There is a lot <strong>of</strong> suspicion<br />

<strong>of</strong> people who want to do<br />

something with property who<br />

are not focused solely on personal<br />

gain. Creative, socially<br />

and environmentally conscious<br />

solutions get the life sucked out<br />

<strong>of</strong> them even though everyone<br />

admits they address problems<br />

which are getting worse.<br />

There needs to be more<br />

scope and ability for council<br />

staff to seek and get resources<br />

to have independent expert<br />

support for projects beyond the<br />

norm where experience may<br />

be limited (e.g.; there’s very<br />

little understanding <strong>of</strong> social<br />

enterprise, social procurement,<br />

social entrepreneurs and that<br />

can lead to scepticism).<br />

Finally, that good people <strong>of</strong><br />

like, willing minds can make<br />

lighter work <strong>of</strong> wicked problems.<br />

I’ve learnt that complementary<br />

collaboration is key!<br />

Find more about CLOser<br />

at: https://www.facebook.<br />

com/connectedLiving<br />

Opportunities/ or signup to<br />

take part in Tauranga Startup<br />

Weekend Impact here: http://<br />

clik.vc/tgasw18book


BAY OF PLENTY/CENTRAL PLATEAU REGISTERED MASTER BUILDERS HOUSE OF THE YEAR <strong>2018</strong><br />

1<br />

GIB Showhome<br />

Award Winner<br />

LAKESIDE<br />

LUXURY<br />

BAY OF PLENTY /<br />

CENTRAL PLATEAU<br />

0F<br />

Neben Morris Media congratulates GIB Showhome Award<br />

Winner Landmark Homes for their outstanding success at the<br />

<strong>2018</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>/Central Plateau Master Builders House <strong>of</strong> the<br />

Year Awards. We are also proud to congratulate all other <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>/Central Plateau award winners.<br />

A supplement <strong>of</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong>


2 BAY OF PLENTY/CENTRAL PLATEAU REGISTERED MASTER BUILDERS HOUSE OF THE YEAR <strong>2018</strong><br />

GIB Showhome award winner<br />

LANDMARK HOMES<br />

•<br />

Registered Master Builders House <strong>of</strong> the Year<br />

•<br />

•<br />

Registered Master Builders House <strong>of</strong> the Year<br />

•<br />

Lakeside<br />

Luxury<br />

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

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

WINDOWS - ENTRY DOORS - BIFOLDS<br />

Landmark Homes TRW’s win an excellent<br />

example <strong>of</strong> company’s design-and-build<br />

focus in Eastern <strong>Bay</strong>.<br />

Landmark Homes Taupo,<br />

Rotorua and Whakatane<br />

franchise is celebrating<br />

its category win and a Gold<br />

Medal in this year’s regional<br />

Registered Master Builder<br />

House <strong>of</strong> the Year Awards,<br />

for its lakeside build at<br />

Wharewaka Point in Taupo.<br />

The firm also picked up<br />

a Gold Reserve Medal win<br />

in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>/Central<br />

Plateau <strong>2018</strong> awards, meaning<br />

the build is in the Top 100 in<br />

New Zealand <strong>of</strong> the 35,000<br />

homes built last year and will<br />

TAUPO<br />

go through to the national<br />

finals in November.<br />

Landmark Homes for<br />

Taupo, Rotorua and Whakatane<br />

says the company is based<br />

in Taupo, with a small <strong>of</strong>fice<br />

in Whakatane, and works<br />

throughout the Eastern <strong>Bay</strong>.<br />

Owner/Director Gerry<br />

Schumacher says Landmark<br />

Homes TRW is happy to work<br />

with clients that have their<br />

own architect.<br />

Using their in-house design<br />

PROUD SUPPLIER TO<br />

LANDMARK HOMES TAUPO<br />

Make windows not walls<br />

Contact us today for your window and door needs<br />

V6120L<br />

Richard & Louise Russell<br />

Visit us<br />

43 Miro Street, Taupo<br />

Contact us<br />

first.taupo@xtra.co.nz<br />

Ph: 07 378 9599<br />

www.firstwindowstaupo.co.nz<br />

CREATE YOUR<br />

DREAM BATHROOM<br />

AT MICO<br />

SUPPLYING QUALITY INNOVATIVE PRODUCTS<br />

TO THE AWARD WINNING LANDMARK HOMES<br />

MICO TAUPO<br />

66 CROWN ROAD, TAUPO<br />

07 378 4380<br />

www.mico.co.nz


BAY OF PLENTY/CENTRAL PLATEAU REGISTERED MASTER BUILDERS HOUSE OF THE YEAR <strong>2018</strong><br />

3<br />

capabilities, the company can<br />

provide drawings and plans<br />

as part <strong>of</strong> a very cost-effective<br />

solution for clients.<br />

Schumacher says Landmark<br />

Homes TRW provides a steady<br />

supply <strong>of</strong> homes for regular<br />

clients, but focuses on design<br />

and build homes in the middle<br />

to upper sector <strong>of</strong> the<br />

housing market.<br />

“We specialise in clients<br />

who <strong>of</strong>ten have very specific<br />

needs. We take into account<br />

the home’s orientation for<br />

views, as well as sloping sites<br />

and other considerations such<br />

as wind and weather. You<br />

have to build the house to<br />

fit the site.”<br />

He adds: “Our award-winning<br />

home in Taupo is a great<br />

example <strong>of</strong> what we do best.”<br />

The four-bedroom, threebathroom<br />

residence at<br />

Wharewaka Point is a family<br />

home that opens beautifully<br />

to the outdoors, making the<br />

most <strong>of</strong> its stunning lakesidefacing<br />

location.<br />

The 303sqm layout forms<br />

two core wings, with outdoor<br />

living options to both the east<br />

and west <strong>of</strong> the open-plan<br />

space. Pillarless corner sliders<br />

make indoor-outdoor entertaining<br />

a breeze.<br />

Schumacher notes that<br />

most housing in Taupo faces<br />

the lake and the mountains<br />

to take best advantage <strong>of</strong><br />

the views, but that also can<br />

expose the homes to the colder<br />

southerlies.<br />

“Incorporating two outdoor<br />

living areas so you have the<br />

option to switch your entertaining<br />

from one side <strong>of</strong> the home<br />

to the other depending on the<br />

weather is a common factor<br />

discussed with clients during<br />

the design phase,” he says.<br />

Continues page 4<br />

Landmark Homes Taupo Construction Manager Tony Lafferty and Director<br />

Steven Painter celebrating at this year’s regional Master Builders Awards.<br />

Phone: 07 578 5024<br />

Address: 51 Koromiko Street, Judea, Tauranga<br />

Email: info@pacificstone.co.nz<br />

Website: www.pacificstone.co.nz<br />

LANDMARK HOMES,<br />

TAUPO SHOWHOME.<br />

BENCHTOPS AND SPLASHBACK IN DEKTON<br />

AURA15, PROUDLY SUPPLIED BY PACIFIC STONE.


4 BAY OF PLENTY/CENTRAL PLATEAU REGISTERED MASTER BUILDERS HOUSE OF THE YEAR <strong>2018</strong><br />

From page 3<br />

Inside the Wharewaka<br />

Point home, all manner <strong>of</strong><br />

modern convenience awaits,<br />

from the contemporary entertainer’s<br />

kitchen to well-appointed<br />

bathrooms including a<br />

master ensuite.<br />

A chic palette <strong>of</strong> whites and<br />

greys creates a relaxed atmosphere<br />

throughout, enhanced by<br />

an abundance <strong>of</strong> natural light,<br />

with dark wood floors as a<br />

grounding force.<br />

Although built in an established<br />

residential subdivision,<br />

the home <strong>of</strong>fers privacy<br />

while remaining connected<br />

to views and alfresco living.<br />

Weatherboard cladding with<br />

gable detailing, an asphalt<br />

shingle ro<strong>of</strong>, and barn-style<br />

garage and front doors all lend<br />

themselves to the traditional<br />

homely feel <strong>of</strong> this warm and<br />

inviting abode.<br />

The family will be moving<br />

into the house at the end <strong>of</strong><br />

the year.<br />

Schumacher says the Taupo<br />

market is still strong, with plenty<br />

<strong>of</strong> land, good sales and new<br />

sections becoming available.<br />

Whakatane is a little slower,<br />

mainly because it is now<br />

a struggle finding good land<br />

to build on at a reasonable<br />

price, with Rotorua following<br />

a similar pattern, though new<br />

developments are now on the<br />

horizon there.<br />

The Landmark TRW team,<br />

which has also won Gold<br />

and Silver Medals, and Gold<br />

Reserve Medal, in 2015 and<br />

2017, is excited about the<br />

prospect <strong>of</strong> competing in the<br />

national awards.<br />

Landmark Homes TRW<br />

Taupo / Rotorua / Whakatane<br />

T 07 376 8528 M 021 843 249<br />

T Whakatane 07 308 4095<br />

E admin@landmarkhomes.co.nz<br />

W landmarkhomes.co.nz<br />

Proudly supporting the team<br />

at Landmark Homes Taupo,<br />

Rotorua & Whakatane<br />

Quality German Timber Flooring<br />

◊ Ideal for New Zealand ◊ Ecologically Sustainable ◊ Made in Germany<br />

0800 427 669 www.haro.co.nz


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

Locals hack policy, law and regulations for<br />

common good<br />

Hacking is a term given to work people do to<br />

make things better – it is a creative activity,<br />

not, as is <strong>of</strong>ten thought, a destructive one.<br />

The Better Rules ‘hack’<br />

was a two-day learn-bydoing<br />

workshop-style<br />

event which gave people an<br />

opportunity to turn government<br />

policy and legislation<br />

into reusable computer code<br />

which could then be used in<br />

multiple apps to reduce the<br />

time, cost and complication<br />

involved in dealing with government.<br />

The event was a Tauranga<br />

first. It attracted lawyers,<br />

developers, programmers, UX/<br />

UI designers, policy people,<br />

local and central government<br />

employees who applied their<br />

various and complementary<br />

skills to improve the way society<br />

functions.<br />

Better Rules Hack came to<br />

Tauranga thanks to the partnership<br />

created between central<br />

governments, all <strong>of</strong> government<br />

Service Innovation Lab,<br />

LegalHackersNZ and Venture<br />

Centre.<br />

It linked Wellington’s open<br />

government innovation experts<br />

with the <strong>Bay</strong>’s entrepreneurs<br />

and digital enablement project<br />

implementation team. Mind<br />

food was provided thanks to<br />

sponsorship from Catalyst IT.<br />

Level 7 Applied Computing<br />

Waikato University student<br />

George Stroud grabbed the<br />

opportunity.<br />

“I came to learn something<br />

new and see how I might apply<br />

my theoretical knowledge<br />

<strong>of</strong> code.”<br />

George walked away want-<br />

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

Better Rules Hack team at work at Basestation coworking space<br />

ing to do more, a prize which<br />

gives him access to a Dev<br />

Academy Human Skills workshop<br />

and the inspiration to<br />

look for more challenges to<br />

solve using his skills.<br />

Four teams formed and created<br />

working demonstrators<br />

making rules from more than<br />

one source (such as legislation<br />

from multiple agencies or trade<br />

agreements) digital, they were;<br />

The Homeschool Coop –<br />

connecting parents to support<br />

alternative schooling options<br />

Local impact investor to judge<br />

social entrepreneurship event<br />

An entrepreneur, investor,<br />

director and <strong>Bay</strong>Trust<br />

trustee, Steve Napier<br />

knows the value <strong>of</strong> money and<br />

the power it can have when<br />

used to grow ideas that do<br />

good into sustainable innovations.<br />

With over 30 years experience<br />

in the funds’ management<br />

and sharebroking industries<br />

(including asset allocation),<br />

Steve has seen a lot and adds<br />

enormous value to the judge’s<br />

panel <strong>of</strong> Tauranga Startup<br />

Weekend Impact.<br />

His biggest successful<br />

investment was buying shares<br />

in a green fund manager whose<br />

share price went up more than<br />

20 times and did a lot <strong>of</strong> environmental<br />

good too. Steve<br />

shares with us a little about what<br />

he would like to see at the local<br />

social change focused event.<br />

What are the elements <strong>of</strong><br />

starting up a business that<br />

gets you most excited?<br />

Proving the concept.<br />

Getting feedback that the product/service<br />

is really on track<br />

and making a difference.<br />

What is the most important<br />

thing that entrepreneurs<br />

should know?<br />

Success takes a lot <strong>of</strong> plan-<br />

such as home education<br />

should they choose to opt-out<br />

by choice or need to provide<br />

learning for a child with disabilities<br />

who may not want,<br />

or be able to take part in the<br />

school system.<br />

ii (Inclusive Infrastructure)<br />

– built a (Kubernetes) cloud<br />

infrastructure on @catalyst_<br />

cloud for the #betterruleshack<br />

teams to use for the weekend<br />

and beyond.<br />

LABS (Legal Advice for<br />

Find out how indigenous organisms<br />

and cannabis lead to social innovation<br />

The Social Innovation<br />

Opportunity event,<br />

co-produced by ĀAkina<br />

Foundation and Venture<br />

Centre, is a three-part morning<br />

event designed to inspire,<br />

showcase and workshop social<br />

innovation opportunities and<br />

how they can be fostered locally<br />

to address big issues.<br />

The combination <strong>of</strong> Kristen<br />

Joiner, Social Innovation<br />

Expert and Director <strong>of</strong> Impact<br />

Investment at Enterprise<br />

Angels, five practitioners in an<br />

interactive panel, and a workshop<br />

lunch exploring the tools<br />

and methods social entrepreneurs<br />

use, make it an event not<br />

to miss.<br />

Manu Caddie from<br />

Hikurangi Enterprises in<br />

Gisborne will join the panel<br />

and share his learnings.<br />

Manu is involved in developing<br />

high-value products<br />

from indigenous organisms<br />

(plants, fungi and shellfish)<br />

with a vision <strong>of</strong> recladding<br />

our highly erosion prone land<br />

in native rainforest to be sustainably<br />

harvested for natural<br />

health products and high nutrition<br />

foods.<br />

His team are also establishing<br />

a medical cannabis<br />

company utilising local skills<br />

to develop safe, effective<br />

pharmaceuticals.<br />

The pace <strong>of</strong> government<br />

regulation and access to more<br />

investment restrain the growth<br />

<strong>of</strong> Hikurangi Enterprises who<br />

hold the vision <strong>of</strong> Ngati Porou<br />

diaspora returning to populate<br />

their tribal lands again.<br />

Maintaining and revitalising<br />

the paepae and cultural<br />

ning and hard work. Most <strong>of</strong><br />

the time it is harder and takes<br />

longer than expected.<br />

What ideas would you like<br />

to see from Tauranga’s Startup<br />

Weekend Impact participants?<br />

An impact investor wants<br />

traditions and creating work<br />

in commercial activities to<br />

enhance rather than degrade<br />

biodiversity, soil and water<br />

quality are among their goals.<br />

In 10 years they’d like<br />

to see a wide range <strong>of</strong> businesses<br />

growing and supporting<br />

communities beyond the<br />

East Coast.<br />

In 100 years they envisage<br />

the land and waterways<br />

restored with mokopuna<br />

living in harmony with the<br />

environment again.<br />

Come and meet Manu,<br />

<strong>Business</strong> Start-ups) built upon<br />

existing work. They used artificial<br />

intelligence to provide<br />

business start ups with legal<br />

advice and tools.<br />

RaDbyIRD worked on taking<br />

the research out <strong>of</strong> R&D funding<br />

in an effort to reduce the<br />

complexity and uncertainty <strong>of</strong><br />

what counts as R&D in order<br />

to obtain grants or tax breaks.<br />

To join the next Better<br />

Rules Hack follow @legalhackersnz<br />

on Twitter.<br />

a similar thing to a financial<br />

investor, but just in a different<br />

way – the biggest risk adjusted<br />

return per dollar spent – while<br />

making an impact on a social<br />

challenge.<br />

What’s the best way for participants<br />

to capture your interest<br />

when pitching their idea?<br />

It’s vital, especially for a<br />

technical product/service,<br />

that the <strong>of</strong>fering is really well<br />

understood and that there is a<br />

well thought out pathway to<br />

success.<br />

Signup to meet Steve and<br />

take part in Tauranga Startup<br />

Weekend Impact here: http://<br />

clik.vc/tgasw18book<br />

discuss social innovation<br />

and mix with others wanting<br />

to take action at The Social<br />

Innovation Opportunity, part<br />

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

27th <strong>August</strong> , 9:30am - 1pm,<br />

Basestation 148 Durham Street<br />

Tauranga.<br />

MADVentures – events for youth<br />

Codebrite Term Time After School<br />

31 July to 18 <strong>September</strong> (weekly), 3:00pm<br />

to 5:00pm<br />

PoweringON – events for<br />

business owners<br />

Xero Meetup – Job Management S<strong>of</strong>tware<br />

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

Tauranga Startup Weekend<br />

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

The Pitches – Tauranga Startup Weekend<br />

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

Office Hours Marketing Strategy and<br />

Planning with Marketing on Demand<br />

6 <strong>September</strong> <strong>2018</strong>, 3:00pm to 5:00pm<br />

Office Hours Financials with Crowe<br />

Horwath<br />

10 <strong>September</strong> <strong>2018</strong>, 11:00am to 12:00pm<br />

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

with Ingham Mora<br />

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

Office Hours Sales and Marketing with<br />

Bravesight<br />

13 <strong>September</strong> <strong>2018</strong>, 10:30am to 12:30pm<br />

Office Hours Legal with Mackenzie Elvin<br />

17 <strong>September</strong> <strong>2018</strong>, 11:00am to 1:00pm<br />

Dale Carnegie’s Attitudes for Customer<br />

Service Seminar<br />

21 <strong>September</strong> <strong>2018</strong>, 9:00am to 10:45am<br />

Office Hours Intellectual Property with<br />

James & Wells<br />

26 <strong>September</strong> <strong>2018</strong>, 10:30am to 12:30pm<br />

Instigator – events for founders<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: Impact<br />

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

Starts 5.00pm to 12pm, Friday<br />

8.00am to 12.00pm, Saturday<br />

8.00am to 8.30pm, Sunday<br />

Coaching Clinic for Social Enterprises<br />

11 and 12 <strong>September</strong> <strong>2018</strong><br />

Between 1.00pm Tuesday and 3pm Wednesday<br />

Entrepreneurs Everywhere – Startup<br />

Weekend Reunion<br />

12 <strong>September</strong> <strong>2018</strong>, 5:30pm to 7:30pm<br />

Angelic Drop-In Clinic<br />

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

Five questions to ask yourself before<br />

signing your next <strong>of</strong>fice lease<br />

So, you’re about to sign yourself and an <strong>of</strong>fice load <strong>of</strong> people into<br />

a new space you’ve just found… “Yep, looks great, hand me that<br />

pen”. Hold up. There are a few pertinent questions to ask yourself<br />

before you close the door on negotiations – and on an <strong>of</strong>fice that<br />

you may still be in for years to come.<br />

1. Is there enough room to<br />

grow into?<br />

Odds are you’re moving<br />

because you need more space.<br />

Odds are also that your new<br />

landlord will expect you to sign<br />

a minimum three-year lease.<br />

So you need to ensure you<br />

have enough room for today<br />

and in 1095 days – all without<br />

paying for space you don’t<br />

need in the meantime.<br />

So, before you look at leases,<br />

you should study your business<br />

plan.Then allow for around<br />

10 square metres (including all<br />

your <strong>of</strong>fice furniture) for every<br />

employee you have, and every<br />

employee you plan to have in<br />

the next three years.<br />

2. Is it the right kind <strong>of</strong><br />

space?<br />

When scanning commercial<br />

listings, you’ll find yourself<br />

discounting spaces you deem<br />

too small or too large.<br />

But don’t be too quick to<br />

do this without at least looking<br />

at accompanying pics – and,<br />

preferably, the floorplan.<br />

Layout is paramount.<br />

If several <strong>of</strong> the square feet<br />

you need form an odd alcove<br />

unsuitable for anything but a<br />

few plants, you can’t count<br />

them in your seating arrangement.<br />

Conversely, a smaller,<br />

rectangular space may fit more<br />

desks in a more Feng Shui kind<br />

<strong>of</strong> way.<br />

3. Is it the right space for<br />

your top employees?<br />

An <strong>of</strong>fice move <strong>of</strong>ten starts in<br />

your head, months before you<br />

let anyone else know about<br />

your plans.<br />

But maybe you should<br />

invite your key employees into<br />

your thoughts, so as to get their<br />

own thinking on the matter.<br />

Why? Because a move will<br />

only be beneficial if you don’t<br />

lose these people on the way to<br />

your new <strong>of</strong>fice.<br />

It’s literally worth consulting<br />

those who are essential to<br />

your business – not only on<br />

the kind <strong>of</strong> environment that<br />

they’d like to work in, but<br />

where they would like it to be<br />

located.<br />

At the end <strong>of</strong> the workday,<br />

your new <strong>of</strong>fice should primarily<br />

be both a space and in a<br />

place that works for the people<br />

who are working in it.<br />

4. Is it right for your clients?<br />

In an age where you can get<br />

everything done between<br />

email, Google Docs and<br />

Dropbox, it’s quite possible<br />

to find out six months down<br />

the email thread that your client<br />

Sam is not the man you<br />

thought he was – he is, in fact,<br />

a woman christened Samantha.<br />

If you run your business<br />

like that, there’s no need to<br />

keep your clients in mind<br />

when setting up a new <strong>of</strong>fice<br />

– especially if you can’t even<br />

picture them.<br />

For everyone else, there are<br />

a few things to consider.<br />

One: is your new place easily<br />

accessible and do you have<br />

parking when they get there? If<br />

not, is there a parking building<br />

nearby where you can negotiate<br />

to get cheap rates? (Which<br />

you should pay, BTW).<br />

Then, once the clients get<br />

inside, is there space to create<br />

somewhere comfortable for<br />

them to wait?<br />

And further space to make a<br />

simultaneously impressive and<br />

comfortable meeting space –<br />

whether that be a board room<br />

or covered deck?<br />

5. Does this <strong>of</strong>fice reflect<br />

your brand?<br />

You probably put a lot <strong>of</strong><br />

thought into your business<br />

name, signwriting, website and<br />

Facebook page – because these<br />

things tell people what you’re<br />

all about.<br />

But do you know what else<br />

gives away your company culture?<br />

Carpet “preserved” from<br />

the 80s and fluorescent lights.<br />

And “we don’t care” is not<br />

a good message to send.<br />

Don’t fall into the trap <strong>of</strong><br />

creating a great reception and<br />

boardroom and ignoring the<br />

rest <strong>of</strong> the <strong>of</strong>fice either.<br />

Clients will notice your<br />

poor sardined, fluorescent-lit<br />

workers and will still glean<br />

that “we don’t care” message.<br />

At a bare minimum, make<br />

sure your new <strong>of</strong>fice is a nice<br />

environment for everyone it<br />

will house – whether it’s every<br />

day or once a month.<br />

Then take your key brand<br />

values and reflect them in<br />

your interior design – if you’re<br />

all about fun, don’t paint<br />

everything in shades <strong>of</strong> black<br />

and boredom.<br />

www.bayleys.co.nz/<br />

workplace/<strong>of</strong>fice/insights<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


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

Kiwifruit Claim Group digs<br />

in for cross appeal<br />

The Kiwifruit Claim Group plaintiffs are digging in for a court battle<br />

extending into the New Year. This follows the Crown’s decision to<br />

appeal the recent High Court ruling that the Ministry for Primary<br />

Industries had been negligent and breached its duty <strong>of</strong> care in<br />

allowing Psa into New Zealand.<br />

By RICHARD RENNIE<br />

The Crown’s appeal is<br />

wide-ranging and seeks<br />

to clarify the scope under<br />

which government regulators<br />

can be sued for negligence.<br />

The Crown’s solicitors also<br />

highlighted the potential <strong>of</strong> the<br />

High Court finding to significantly<br />

impact upon biosecurity<br />

operations.<br />

In turn both Seeka and the<br />

212-strong grower group have<br />

filed a cross appeal.<br />

Seeka was the only post-harvest<br />

processor to commit to the<br />

original claim action, which<br />

culminated in the favourable<br />

court ruling in June.<br />

Seeka was excluded from<br />

the High Court action in favour<br />

<strong>of</strong> the claim as a post-harvest<br />

company, but is also represented<br />

as a significant grower.<br />

The initial ruling only<br />

acknowledged the duty <strong>of</strong> care<br />

owed Seeka as another orchard<br />

operator and lease holder,<br />

along with the other growers,<br />

rather than the wider impact<br />

upon Seeka as a post-harvest<br />

processor to the entire sector.<br />

Seeka incurred losses <strong>of</strong> $3.9<br />

million in the outbreak through<br />

staff redundancy costs and loss<br />

<strong>of</strong> sales revenue.<br />

Seeka chief executive<br />

Michael Franks said the plaintiffs<br />

had predicted the Crown<br />

would appeal the ruling.<br />

“We could not appeal first,<br />

it would have jeopardised all<br />

growers’ claims,” he said.<br />

The cross appeal is based<br />

on two key parts <strong>of</strong> the High<br />

Court decision – one is that<br />

Seeka was also owed a duty<br />

<strong>of</strong> care as a post-harvest processor,<br />

and secondly that MPI<br />

was negligent because its staff<br />

did not check a shipment <strong>of</strong><br />

pollen and plant matter that<br />

contained Psa when it arrived<br />

from China.<br />

Franks confirmed to <strong>Bay</strong><br />

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

the plaintiffs, backed by LPF<br />

Litigation Funding Ltd, would<br />

be pursuing the claim to its<br />

final conclusion.<br />

“This is all about accountability,”<br />

he said.<br />

Grower representative<br />

John Cameron from Te Puke<br />

said the group was resigned<br />

to the hard grind <strong>of</strong> an appeal,<br />

and suspects there may be a<br />

broad range <strong>of</strong> issues within<br />

Seeka’s Michael Franks: “It’s all<br />

about accountability.” Photo/Supplied.<br />

the Crown’s action.<br />

“We were happy with the<br />

ruling when it was made and<br />

would not have appealed if the<br />

Crown had not done so first.”<br />

Cameron said he remained<br />

confident the appeal outcome<br />

would be in the growers’ favour.<br />

“The longer this drags out<br />

the greater the cost will be to the<br />

government as Psa continues.”<br />

The total claim value for<br />

the impact <strong>of</strong> Psa was lodged<br />

at $450 million compensation.<br />

BOP iwi scoop big kiwifruit orchard deal<br />

By RICHARD RENNIE<br />

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

stepped up<br />

investment in the kiwifruit<br />

sector with the purchase<br />

<strong>of</strong> one <strong>of</strong> the country’s largest<br />

privately held orchard investments,<br />

scooping the deal ahead<br />

<strong>of</strong> several interested foreign<br />

buyer groups.<br />

The Matai Pacific orchard<br />

near Te Puke was <strong>of</strong>fered by<br />

tender on behalf <strong>of</strong> its largely<br />

United Kingdom investor/<br />

owners to the market earlier<br />

this year, amid strong competition<br />

from both local and<br />

overseas interests.<br />

But it was a joint venture<br />

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

iwi interests that managed to<br />

secure the 98 canopy ha property<br />

with its 2.6 million tray<br />

production <strong>of</strong> SunGold and<br />

Green, generating an estimated<br />

$11.4 million to $12.3 million<br />

a year income.<br />

Rotorua based Te Arawa<br />

Group Holdings, Whakatane’s<br />

Ngati Awa Group, and Rotoma<br />

No.1 Incorporated, teamed up<br />

for the purchase. The acquisition<br />

consolidates the position<br />

<strong>of</strong> all three iwi groups<br />

as significant primary sector<br />

players within the region and<br />

the industry.<br />

Based on current sales in<br />

the Western <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>,<br />

kiwifruit orchards are selling<br />

for about $450,000 a hectare<br />

Matai Pacific kiwifruit orchard: Now in iwi hands.<br />

Photo/Supplied.<br />

for Green and up to $1 million<br />

a hectare for SunGold.<br />

The value <strong>of</strong> the deal has<br />

not been disclosed, but based<br />

on the orchards being split<br />

50:50 between SunGold and<br />

Green fruit, estimates place the<br />

canopy area alone at a value<br />

<strong>of</strong> $65-$75 million. Additional<br />

assets include 100ha <strong>of</strong> pastoral<br />

land and two houses.<br />

The deal also provided<br />

an option for the iwi groups<br />

to purchase $5.2 million <strong>of</strong><br />

Zespri shares, on a recently<br />

re-aligned one tray: one<br />

share basis.<br />

The move marks the second<br />

significant investment by iwi<br />

into the industry within the<br />

past year.<br />

Last year, a $30 million<br />

investment programme to<br />

build 10 kiwifruit orchards in<br />

the BOP and Gisborne regions<br />

was announced as then single<br />

biggest investment.<br />

That deal was proposed to<br />

be set up on 90ha <strong>of</strong> unproductive<br />

tribal land across the two<br />

regions.<br />

BOP-based Te Awanui<br />

Huka Pak is another significant<br />

force in kiwifruit.<br />

The 100 percent Maoriowned<br />

business has a 17 percent<br />

stake in major grower and<br />

post-harvest operator Seeka,<br />

while also retaining land holdings<br />

and buildings that bring<br />

its total investments to more<br />

than $20 million.<br />

Te Arawa Group Holdings<br />

chairman Andrew West said<br />

the Matai Pacific purchase<br />

would ensure a brighter future<br />

for its people, delivering jobs<br />

and economic growth on<br />

the back <strong>of</strong> booming global<br />

demand for kiwifruit.<br />

“This is an industry we know<br />

well and we have a proven track<br />

record <strong>of</strong> success,” he said.<br />

<strong>Bay</strong>leys national country<br />

manager Duncan Ross said<br />

iwi should be applauded for<br />

getting the funds required<br />

together in a relatively short<br />

time, suggesting they have<br />

strong support from not only<br />

shareholders, but the banking<br />

sector too.<br />

“And to be able to raise<br />

those funds to compete at the<br />

PRINTING<br />

DESIGN | PRINT | DELIVER<br />

top end <strong>of</strong> a hot sector like<br />

kiwifruit is no mean feat.”<br />

He said iwi assumption <strong>of</strong><br />

ownership was very much a<br />

good news story for the sector,<br />

iwi and the region.<br />

Bidding for the block had<br />

been strong in the tender process,<br />

with about two-thirds<br />

being local interest and onethird<br />

coming from overseas<br />

interests.<br />

“These included parties<br />

who already had significant<br />

We can take care <strong>of</strong> all your printing<br />

needs from concept to completion<br />

Mark Goodman 021 420 685<br />

WAIKATO / BAY OF PLENTY<br />

interests in the New Zealand<br />

primary sector.”<br />

Collectively the three iwi<br />

groups now oversee significant<br />

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

<strong>Plenty</strong>, with Te Arawa representing<br />

21,000 beneficiaries,<br />

Rotoma No.1 administering<br />

6600ha on the shores <strong>of</strong><br />

Lake Rotoma for 1800 iwi<br />

shareholders, and Ngati Awa<br />

Group managing assets for<br />

22 hapu representing 20,000<br />

shareholders.<br />

PREMIUM AND<br />

SMALL BIZ HUB<br />

STANDS<br />

Organisers<br />

Early Bird<br />

Offer Available:<br />

Till 31st Oct <strong>2018</strong><br />

Sponsors<br />

6 MARCH 2019<br />

BAYPARK ARENA, TAURANGA<br />

Supporting Partners<br />

WHERE BUSINESS GETS DONE!<br />

• Supercharged one day event<br />

• Kick-start your year<br />

• Showcase your business<br />

• Seminars and masterclasses<br />

• Network with leading edge businesses<br />

• Find opportunities and solutions<br />

• Amazing Expo only <strong>of</strong>fers and prizes<br />

• Free entry for visitors (9.30am - 4pm)<br />

SHOWCASE YOUR BUSINESS<br />

Book your stand for <strong>Business</strong> Expo 2019


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

HR, MANAGEMENT AND RECRUITMENT<br />

CREATING WORKPLACE<br />

DESIGN BRILLIANCE<br />

FOR TWENTY YEARS<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<br />

Successful Change<br />

and Leadership<br />

It is common that leaders in any business are looking to realise<br />

increased efficiencies by making changes, such as modifying a<br />

process or system, or changing the organisation structure. While<br />

there will be business and economic drivers for making these<br />

changes, the challenge is always how to implement the change<br />

as effectively as possible.<br />

By TANI HANSEN<br />

Human Resource Specialists<br />

Everest – all about people TM<br />

Employees are key to the<br />

successful implementation<br />

<strong>of</strong> a change programme<br />

and having a communication<br />

plan that ensures open,<br />

honest, timely and relevant<br />

communication is essential.<br />

Ensuring employees understand<br />

what the drivers are for<br />

the changes, what is changing<br />

and what is not, and indicative<br />

timelines is a must.<br />

As part <strong>of</strong> the communications<br />

plan it is important to<br />

carefully consider the various<br />

target audiences for change<br />

communications, ensuring<br />

that both Formal Influences<br />

and Change Influencers in the<br />

business are identified and<br />

engaged early.<br />

Formal Influencers are people<br />

in the business that have<br />

the formal/structural authority<br />

to lead the changes such as the<br />

CEO, General Managers and<br />

Team Leaders.<br />

It is vital that Formal<br />

Influencers are committed to<br />

the changes, are clear about the<br />

vision for the change and can<br />

articulate this vision naturally,<br />

in their own words.<br />

The more clearly a Formal<br />

Influencer can articulate the<br />

vision and what the new ways<br />

<strong>of</strong> working will be like, the<br />

faster their direct reports will<br />

adopt the changes being made.<br />

Change Influencers are<br />

those people who influence<br />

others regardless <strong>of</strong> their title<br />

or role in the business.<br />

A Change Influencer may<br />

initially have a dissenting or<br />

opposing view to the changes.<br />

Speaking with Change<br />

Influencers early in the change<br />

process can provide the opportunity<br />

for those people to<br />

challenge the rationale for the<br />

change directly, which will<br />

help them understand why the<br />

changes are necessary and help<br />

you understand what others in<br />

your business may say or think.<br />

Through discussion ideally<br />

differences <strong>of</strong> opinion and<br />

misunderstandings will be<br />

resolved early in the change<br />

process.<br />

Once a shared understanding<br />

about the changes has been<br />

reached, Change Influencers<br />

can become strong advocates<br />

for change and help<br />

share the rationale and benefits<br />

<strong>of</strong> the change throughout<br />

the business.<br />

Change Influencers play<br />

a key role in the successful<br />

implementation <strong>of</strong> change.<br />

All too <strong>of</strong>ten, the opportunity<br />

to work with Change<br />

Influencers is lost or over<br />

looked.<br />

During the change process<br />

sometimes these individuals<br />

are invited to “get <strong>of</strong>f the bus”<br />

before any effort is made to<br />

harness the potential value<br />

they can add.<br />

Rather than asking them to<br />

“get <strong>of</strong>f the bus” we suggest<br />

identifying them early, having<br />

a discussion with them first<br />

and seeing where it goes.<br />

Using Formal and Change<br />

Influencers to deliver and articulate<br />

key messages about changes<br />

within business is critical.<br />

Without them you cannot<br />

successfully lead or implement<br />

change.


HR, MANAGEMENT AND RECRUITMENT<br />

BAY OF PLENTY BUSINESS NEWS <strong>August</strong>/<strong>September</strong> <strong>2018</strong> 19<br />

Strategic Pay report allows successful<br />

planning and benchmarking in<br />

a changing market<br />

There is a great need for up to date information that can<br />

influence remuneration policy and decision making. The Strategic<br />

Pay New Zealand Benchmark Remuneration Report provides<br />

comprehensive information on remuneration and benefits for<br />

specific benchmark positions across the country - a report that in<br />

<strong>2018</strong> contains more detail and analysis than ever before.<br />

• Increased detail around<br />

tenure - As the baby boomer<br />

generation continue to<br />

increase tenure and pay<br />

expectations, the report<br />

details how long individuals<br />

are spending in certain<br />

roles and at different levels.<br />

By CATHY HENDRY Health roles (1.2%).<br />

Organisations are forecasting<br />

an average rise in payroll<br />

Containing specific data<br />

from more than 500<br />

organisations, including<br />

over 164,000 incumbents,<br />

the Report allows business<br />

leaders to gain the insight they<br />

need to make strategic decisions.<br />

Whether this is around<br />

remuneration itself, benefits /<br />

rewards, tenure, gender splits,<br />

employment practices and<br />

more, data is broken down<br />

into segments so organisations<br />

can find the exact information<br />

that adds value.<br />

Strategic Pay reports have<br />

shown that salary movements<br />

are increasing at a slow pace<br />

with overall market movements<br />

<strong>of</strong> 2.2% in the last 12<br />

months. The largest movements<br />

were in Trade and<br />

Labouring roles (3.4%) and<br />

lowest movements in Policy<br />

and Planning roles (1.1%) and<br />

<strong>of</strong> 2.4% for the year ahead<br />

but we must be careful to acknowledge<br />

the implications<br />

<strong>of</strong> what is happening in the<br />

labour market. The payroll increases<br />

are in effect reflective<br />

<strong>of</strong> organisations’ budgets and,<br />

once set, reflect their funding<br />

or pricing. The recent pay<br />

settlements, minimum wage<br />

increases and discussions<br />

around teachers’ pay mean<br />

that employers will be dealing<br />

with rising expectations and<br />

constraints <strong>of</strong> budgets. Having<br />

experienced a period <strong>of</strong><br />

price and wage stability for a<br />

number <strong>of</strong> years, the growing<br />

expectations <strong>of</strong> a number <strong>of</strong><br />

groups suggest we are likely<br />

to see increased wage inflation<br />

in the year ahead.<br />

It is important for organisations<br />

to use external data<br />

in any remuneration review<br />

process, with external benchmarking<br />

key to any salary<br />

review process, not only to<br />

retain staff, but also to drive<br />

higher performance.<br />

The New Zealand Remuneration<br />

Benchmark Report<br />

is a really cost-effective way<br />

for business leaders to be introduced<br />

to remuneration and<br />

benchmarking. In certain industries,<br />

pay is becoming a<br />

major factor in employment -<br />

highlighting the value in having<br />

access to the best benchmarking<br />

information possible.<br />

New additions to the<br />

Report:<br />

• Greater focus on construction<br />

and engineering sectors<br />

- With these industries experiencing<br />

growth as well<br />

as new pressures, this year<br />

we have expanded specific<br />

components around construction<br />

and engineering.<br />

• Gender comparisons -<br />

Gender remains one <strong>of</strong><br />

the major topics in the NZ<br />

employment market. The<br />

report therefore provides<br />

gender breakdown analysis<br />

across sectors and job positions.<br />

• Employment policies and<br />

practices - With policies<br />

and practices such as KiwiSaver<br />

becoming more<br />

prominent in the NZ market,<br />

the report <strong>of</strong>fers insight<br />

into uptake and engagement.<br />

The Report allows businesses<br />

<strong>of</strong> all sizes and industries to<br />

have access to quality, trusted<br />

data. With comprehensive<br />

breakdowns available by sector,<br />

region, turnover and employer<br />

size, the report's data<br />

can be used to make good<br />

decisions over the coming<br />

months.<br />

Cathy Hendry<br />

Senior Consultant, Tauranga<br />

P: +64 7 834 6581 M: +64 27 498 9812<br />

E: cathy@strategicpay.co.nz<br />

HELPING ORGANISATIONS<br />

SUCCEED THROUGH THE<br />

PERFORMANCE OF PEOPLE<br />

New Zealand<br />

Remuneration<br />

Benchmark<br />

Report<br />

The Report allows businesses<br />

<strong>of</strong> all sizes and industries to<br />

have access to quality, trusted<br />

data. With comprehensive<br />

breakdowns available by sector,<br />

region, turnover and employer<br />

size, the report’s data can be<br />

used to make good decisions<br />

over the coming months.<br />

The New Zealand Remuneration Benchmark<br />

Report <strong>2018</strong> is the most comprehensive benchmark<br />

remuneration survey report available right now<br />

and is available to purchase.<br />

> Order with the code BOP<strong>Business</strong><strong>News</strong>10%<br />

before 31 October <strong>2018</strong> to receive a 10% discount.<br />

Organisations that also contribute data to the Strategic Pay<br />

database will receive a further 50% <strong>of</strong>f.<br />

www.strategicpay.co.nz | info@strategicpay.co.nz | 07 834 6580<br />

Auckland | Hamilton | Wellington | Christchurch | Dunedin<br />

StrategicPay<br />

Your best source <strong>of</strong> remuneration knowledge


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

HR, MANAGEMENT AND RECRUITMENT<br />

90 Day Grievance Free Trial Period<br />

The 90-day Grievance Free Trial Period came into effect in<br />

2009. While not mandatory, the existing legislation is now firmly<br />

embedded into our employment psyche and agreements. And it’s<br />

now under review by the Coalition government. With legislation set<br />

to change, employers with more than 19 employees will no longer<br />

be able to utilise the Grievance Free Trial Period.<br />

HUMAN RESOURCES<br />

> BY KELLIE HAMLETT<br />

Director, Recruitment & HR Specialist, Talent ID Recruitment Ltd<br />

It’s certainly been an interesting<br />

talking point from<br />

an employer point <strong>of</strong> view.<br />

Some large employers have<br />

opted not to utilise this optional<br />

piece <strong>of</strong> legislation within<br />

their employment policies.<br />

Instead they have chosen<br />

to maintain their employer<br />

brand and rely upon robust<br />

recruitment processes and performance<br />

management.<br />

So potentially, any changes<br />

are unlikely to have too much<br />

impact on larger companies,<br />

with 100-plus employees.<br />

Many <strong>of</strong> the companies I<br />

work with are smaller employers<br />

and the legislation has been<br />

useful, and served its purpose –<br />

if and when it was ever needed.<br />

Let’s face it, recruitment<br />

mistakes do happen, and the<br />

90-day trial period is there<br />

for both the employer and the<br />

employee to utilise.<br />

I’ve seen it utilised for a<br />

variety <strong>of</strong> reasons, but never<br />

abused.<br />

In fact, I feel that it has<br />

provided employers with confidence<br />

to perhaps give someone<br />

a chance, when previously<br />

perhaps they would not have<br />

taken on an employee.<br />

The existing law has been<br />

tested and interpreted in a<br />

more complex way than was<br />

originally envisaged.<br />

Labour market supply and<br />

the ability to attract the best<br />

candidates are key considerations<br />

when looking at utilisation<br />

<strong>of</strong> this clause.<br />

The grievance-free<br />

trial period wasn’t intended<br />

to be used as a “cure<br />

all” for poor recruitment<br />

and induction processes.<br />

And it’s not a fail-safe way<br />

<strong>of</strong> getting rid <strong>of</strong> unsuitable<br />

employees, as some thought<br />

initially might have been<br />

the case.<br />

Key areas <strong>of</strong> importance in<br />

the existing legislation included:<br />

prior employment - the trial<br />

period cannot be used where<br />

there has been any previous<br />

employment relationship, with<br />

Let’s face it,<br />

recruitment mistakes<br />

do happen, and the<br />

90-day trial period<br />

is there for both the<br />

employer and the<br />

employee to utilise.<br />

I’ve seen it utilised for<br />

a variety <strong>of</strong> reasons,<br />

but never abused.<br />

no indication <strong>of</strong> a timeframe in<br />

which this would apply.<br />

This has been an interesting<br />

challenge for those organisations<br />

that have a more transient<br />

work force or branches<br />

throughout the country.<br />

Other relevant key points<br />

to note include that the<br />

employment agreement with<br />

the 90-day trial period clause<br />

had to be signed before the<br />

employee commencing work,<br />

or it was deemed not applicable<br />

(and a few employers have<br />

been caught out with this).<br />

Other obligations - that<br />

good faith requirements have<br />

to be active, constructive,<br />

responsive and communicative<br />

- still apply.<br />

The notice period must<br />

be clear; and the clause must<br />

comply with other provisions<br />

already in place within the<br />

employment agreement.<br />

For example, should a<br />

training provision be included,<br />

then the employer must satisfactorily<br />

demonstrate that the<br />

employee was provided every<br />

opportunity to remedy the skill<br />

shortfall, otherwise they are<br />

contradicting their own policies<br />

and procedures, and therefore<br />

not demonstrating good<br />

faith to the cause.<br />

As to what “grievance-free”<br />

means under this piece <strong>of</strong> legislation:<br />

it includes that an<br />

employee dismissed under<br />

the trial period provision may<br />

claim a personal grievance on<br />

some grounds, but may not<br />

make a claim <strong>of</strong> unjustifiable<br />

dismissal.<br />

A claim may still be made<br />

on grounds such as discrimination,<br />

sexual harassment, unjustified<br />

disadvantage, duress<br />

relating to union membership,<br />

and non-compliance with other<br />

employment legislation, e.g.<br />

issues such as minimum wage<br />

and health and safety.<br />

Tradestaff’s “Cool and Easy”<br />

mantra is what keeps clients<br />

and candidates coming back<br />

Tradestaff has over two decades <strong>of</strong><br />

experience supplying temporary and<br />

permanent workers to the trades and<br />

industrial sectors.<br />

This success is down to finding the right<br />

person for the right job. At Tradestaff it’s all<br />

about people! It's about ensuring that they<br />

are safe at work, trained appropriately and<br />

treated fairly and equally.<br />

Through consistent action in a positive,<br />

fun and innovative environment people<br />

are made to feel valued and appreciated.<br />

Whether you are looking for work or for<br />

workers, the process is as cool and easy as<br />

possible.<br />

Since 2005, Tradestaff has maintained a<br />

strong commitment to exceeding workplace<br />

health and safety standards. Achieving the<br />

top tertiary level in the ACC Partnership<br />

Programme demonstrates Tradestaff’s<br />

dedication to improving and enforcing top<br />

standards <strong>of</strong> health, safety and injury management<br />

at work.<br />

Additionally, Tradestaff are committed<br />

to pr<strong>of</strong>essional standards and always aim to<br />

be at the forefront <strong>of</strong> innovation. And in that<br />

vein, are one <strong>of</strong> the first companies in New<br />

Zealand to be certified to The Recruitment,<br />

Consulting & Staffing Association (RCSA)<br />

StaffSure Registry, helping clients and candidates<br />

alike know that they are choosing a<br />

reputable provider.<br />

Get in touch to talk about how<br />

Tradestaff can help with your labour<br />

needs or job search.<br />

Contact the Tauranga<br />

team on 07 577 1634 or<br />

bop@tradestaff.co.nz<br />

www.tradestaff.co.nz


HR, MANAGEMENT AND RECRUITMENT<br />

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

21<br />

Customised<br />

solutions for<br />

clients and<br />

candidates<br />

“Staff - that’s what we do”<br />

<strong>Business</strong> results<br />

Pr<strong>of</strong>essional service<br />

Client solutions<br />

Candidate management<br />

Voted Tauranga’s Most Trusted<br />

Recruitment Consultants by<br />

our Candidates and Clients<br />

is something we are hugely<br />

proud <strong>of</strong>. Being able to trust<br />

a Recruiter that can make a<br />

difference to your life is not<br />

something we take lightly, we<br />

take into account your requests and apply the<br />

best possible solution. We know the importance<br />

<strong>of</strong> having great staff, obtaining a good job and the<br />

impact that can have. You can trust us to get it right.<br />

At The Staffroom we meet our<br />

Clients and Candidates face to<br />

face, to peel back the layers and<br />

get to the root <strong>of</strong> their needs.<br />

Aligning company cultures and<br />

personality traits are key factors to<br />

ensure we get the right fit.<br />

P Our policy - get back to everyone<br />

P Our attributes - Honesty Integrity Sincerity Trust<br />

P Our service - Personable Reliable<br />

P Our communication is vital and at the centre <strong>of</strong><br />

everything we do<br />

P Our aim - is to provide best practice client<br />

service and candidate care


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

WAIKATO NEWS<br />

Ambitious start for new agency<br />

Waikato’s new economic development<br />

agency is making an ambitious start as it<br />

organises a regional summit to prioritise<br />

key initiatives for the region.<br />

By GEOFF TAYLOR<br />

The Waikato Regional<br />

Economic Development<br />

Agency (Waikato<br />

REDA) came into existence<br />

on July 1; it’s a limited liability<br />

company, owned by the<br />

Waikato Regional Economic<br />

Development Trust and funded<br />

by a mixture <strong>of</strong> local authorities<br />

and businesses.<br />

Waikato REDA has a current<br />

establishment board and<br />

will call for expressions <strong>of</strong> interest<br />

in a skills-based, permanent<br />

board before the end <strong>of</strong><br />

the year.<br />

Waikato businessman Dallas<br />

Fisher chairs the Waikato<br />

REDA establishment board<br />

and says the agency aims to<br />

become a front door for the<br />

region. That applies to “Wellington”<br />

and investors keen to<br />

understand and talk to Waikato,<br />

and to local businesses and organisations<br />

wanting to help tell<br />

the region’s story.<br />

“This is an important time<br />

for Waikato – we need to take<br />

a strategic approach to getting<br />

us up to that next level. We do<br />

relatively well, but let’s face<br />

it, we’ve suffered from a low<br />

pr<strong>of</strong>ile and subsequent underfunding.”<br />

Waikato REDA’s first activity<br />

is an invitation-only economic<br />

development summit at<br />

the end <strong>of</strong> <strong>August</strong>.<br />

“We’ll have 250 key people<br />

in the room, helping us determine<br />

the major priorities and<br />

initiatives for the new organisation.”<br />

At the end <strong>of</strong> the summit,<br />

Waikato REDA will have a list<br />

<strong>of</strong> 12-14 economic development<br />

initiatives that will have<br />

the greatest impact on Waikato<br />

and its people, and the agency<br />

will work with government and<br />

funders to make those happen.<br />

A CEO has to embody<br />

that, as well as<br />

bringing a huge variety<br />

<strong>of</strong> skills to the role.<br />

“If people are asked to name<br />

the top five economic initiatives<br />

in Waikato at the moment<br />

they struggle,” he said.<br />

“In terms <strong>of</strong> tourism, if you<br />

take out Hobbiton from Waikato<br />

we are a bit lean.”<br />

“If we can together identify<br />

what the top priorities are then<br />

we can put our hands up for that<br />

funding. We need to be able to<br />

put these projects on the table,<br />

properly structured to do so.<br />

“Our purpose is to arrive at<br />

the economic initiatives that<br />

will have the biggest impact.<br />

We want to accelerate growth<br />

in Waikato. We all need to be<br />

moving in the one direction and<br />

the Government needs to understand<br />

from the region what<br />

we want. We need to be picking<br />

some winners to get our share.”<br />

Waikato REDA will be<br />

based at Innovation Park, at the<br />

Ruakura campus in Hamilton,<br />

with WIPLtd CEO, Stuart Gordon<br />

in the establishment CEO<br />

role. A recruitment drive is underway<br />

for a permanent CEO.<br />

Mr Fisher says Waikato<br />

REDA is very deliberately<br />

being built on the work <strong>of</strong> the<br />

<strong>Business</strong> Growth Services<br />

team, under the Waikato Innovation<br />

Park umbrella.<br />

The team works closely<br />

with NZTE and Callaghan<br />

Innovation to help grow businesses<br />

across the region, and<br />

will now be part <strong>of</strong> Waikato<br />

REDA.<br />

“We’re continuing with this<br />

model <strong>of</strong> being out in the towns<br />

as it’s a great model and we<br />

know it makes a difference to<br />

those businesses,” he says.<br />

“So, while we’ll be talking<br />

to the region and all our supporters<br />

about the major economic<br />

development initiatives<br />

we’ll be undertaking on a larger<br />

scale, people can be confident<br />

that we’re continuing the onthe-ground<br />

help that’s so important.”<br />

Dallas has previously<br />

chaired Waikato Means <strong>Business</strong>,<br />

the region’s 20-year economic<br />

development strategy,<br />

created with input from civic,<br />

business and Māori leaders.<br />

As well as taking strong<br />

direction from Waikato Means<br />

<strong>Business</strong>, Waikato REDA has<br />

taken a lead from the Waikato<br />

Dallas Fisher, chairman <strong>of</strong> the Waikato Regional<br />

Economic Development Agency establishment board.<br />

Plan, an overarching strategic<br />

plan developed by the region’s<br />

leaders that has targeted investment<br />

and economic development<br />

as two <strong>of</strong> its priorities.<br />

The new agency acknowledges<br />

all the research and hard<br />

work that’s been done in the<br />

past few years, Dallas says, and<br />

is proud to be standing on the<br />

shoulders <strong>of</strong> some great people<br />

and organisations.<br />

“We’re ready to take on that<br />

challenge <strong>of</strong> bringing everything<br />

together and acting as the<br />

lead voice for the region.”<br />

Stuart Gordon will hold the<br />

position <strong>of</strong> interim CEO until<br />

a permanent appointment<br />

is made. Applications for the<br />

new CEO close on July 18; the<br />

board hopes to announce a new<br />

CEO by <strong>September</strong>.<br />

Dallas says the new agency<br />

aims to become an obvious<br />

front door for the region,<br />

whether that’s for the government<br />

or investors keen to talk to<br />

Waikato, or for local businesses<br />

and organisations wanting to<br />

help tell the region’s story.<br />

“A CEO has to embody<br />

that, as well as bringing a huge<br />

variety <strong>of</strong> skills to the role.<br />

“We’re looking for someone<br />

who is going to add significant<br />

value to the relationships<br />

we need to have, and who can<br />

bring that strategic approach to<br />

economic development in the<br />

region.”<br />

Waikato REDA’s three<br />

high-level objectives are lifting<br />

economic performance for<br />

the region; attracting and retaining<br />

talent and investment;<br />

providing one voice for regional<br />

economic development in<br />

Waikato.<br />

“This is an important role<br />

for Waikato, and indeed New<br />

Zealand,” says Dallas.<br />

“If we can boost economic<br />

development in our region, the<br />

nation benefits as well.<br />

“We see this leader as being<br />

able to significantly influence<br />

how well Waikato can<br />

do through economic development<br />

– but that’s not enough<br />

on its own; they’ll also have to<br />

be someone who engages extremely<br />

well with people.”<br />

Councils streamline resource consenting<br />

Nine Waikato councils have banded<br />

together to develop a more customerfriendly<br />

resource consenting process.<br />

The initiative has aligned<br />

resource consenting processes,<br />

making it consistent<br />

across all nine councils<br />

involved. Each council will<br />

maintain its own statutory<br />

responsibilities but work from<br />

a common base. Councils will<br />

use the same resource consent<br />

application forms and<br />

decision letters.<br />

The initiative was driven<br />

by Waikato Local Authority<br />

Shared Services Ltd (WLASS),<br />

a council-owned company<br />

which promotes shared services<br />

between Waikato-based<br />

councils. WLASS aims to reduce<br />

costs and duplication,<br />

have councils work more efficiently,<br />

promote best practice<br />

and make councils more customer-friendly.<br />

WLASS chair and Waikato<br />

District Council chief executive<br />

Gavin Ion said a more<br />

stream-lined and consistent<br />

consenting process would be<br />

welcomed by customers who<br />

can struggle with the bureaucracy<br />

and time involved in applying<br />

for a resource consent.<br />

This was a first step in aligning<br />

planning between councils.<br />

“The RMA is a complex<br />

piece <strong>of</strong> legislation and working<br />

with it can be challenging<br />

for customers and for<br />

council staff.<br />

“This project aims to provide<br />

some consistency and<br />

make the process easier and<br />

more efficient for all <strong>of</strong> us<br />

charged with working with the<br />

legislation,” he said.<br />

“Customers will know<br />

what they can expect and<br />

what is involved and importantly,<br />

those expectations will<br />

largely be standard across the<br />

region. Customers working<br />

with multiple councils should<br />

find the consenting process<br />

more efficient.”<br />

Waikato-based property<br />

developer Kevin Honiss, who<br />

works across multiple councils,<br />

welcomed the change.<br />

“It will save developers and<br />

property owners time and money<br />

and will make the whole<br />

process easier for council staff<br />

as well. It’s going to be more<br />

efficient for everyone and that’s<br />

a good thing.”<br />

Kevin said he would like<br />

to see the initiative go even<br />

further.<br />

“It would be great if there<br />

was a more consistent planning<br />

regime as well because at the<br />

moment every council has a<br />

different rule and every rule is<br />

different. Auckland is going in<br />

the right direction with its Unitary<br />

Plan and if can learn from<br />

that in Waikato, we should.”<br />

Senior planners within each<br />

council developed the aligned<br />

process. Councils involved are<br />

Thames-Coromandel, Hauraki,<br />

Waipa, Waitomo, Rotorua<br />

Lakes, Matamata-Piako, South<br />

Waikato and Waikato District<br />

Councils as well as Hamilton<br />

City Council.<br />

The Future is arriving in New Zealand<br />

World-renowned futurist and thought<br />

leader, Pr<strong>of</strong>essor Sohail Inayatullah, is<br />

presenting in New Zealand for the first<br />

time. He will be in New Zealand at the<br />

invitation <strong>of</strong> Rutherford <strong>Business</strong> Institute<br />

for a two-day workshop in Auckland<br />

on <strong>September</strong> 24 and 25. Pr<strong>of</strong>essor Inayatullah<br />

will be running a futures and<br />

strategic foresight workshop aimed at<br />

business and industry leaders. The aim<br />

<strong>of</strong> the workshop is to provide attendees<br />

with the tools and strategies necessary to<br />

not only manage disruption, but to be the<br />

disrupter.<br />

Commenting on his forthcoming visit,<br />

Pr<strong>of</strong>essor Inayatullah is looking forward<br />

to presenting in New Zealand and<br />

stated:<br />

“We can either be overwhelmed by<br />

the waves <strong>of</strong> change, ride the waves, or<br />

become the wave maker. I look forward<br />

to working with New Zealand organisations<br />

to explore creating alternative and<br />

preferred futures.”<br />

Pr<strong>of</strong>essor Inayatullah’s workshop is a<br />

first for New Zealand, as he is in very<br />

high demand internationally. He has<br />

worked closely with organisations and<br />

governments for more than 30 years as<br />

a futurist, helping them to create the narratives<br />

they need to shape their preferred<br />

future. He is the UNESCO Chair in Future<br />

Studies, a Pr<strong>of</strong>essor at the Graduate<br />

Institute <strong>of</strong> Futures Studies at Tamkang<br />

University and teaches at the University<br />

<strong>of</strong> Melbourne and the University <strong>of</strong> the<br />

Sunshine Coast. Full workshop details<br />

and registration: www.rutherfordbusiness.nz/futures-thinking/


BAY OF PLENTY BUSINESS NEWS <strong>August</strong>/<strong>September</strong> <strong>2018</strong> 23<br />

Are you ready for an ageing New Zealand?<br />

It’s a fact — New Zealanders are living longer with more complex<br />

health needs. Whatever shortcomings might occasionally be<br />

revealed in our excellent New Zealand health care system, people<br />

will continue to require care when they are no longer able to care<br />

for themselves.<br />

AGEING AND WELLNESS<br />

> BY MELISSA HARRIS<br />

Melissa Harris is the Facility Manager <strong>of</strong> Radius Althorp in<br />

Tauranga, Radius Residential Care Ltd. Phone (07) 5432912 or<br />

email Melissa.Harris@radiuscare.co.nz<br />

“I statement from families<br />

don’t know where to<br />

start” — is a common<br />

who are facing the need to<br />

place a loved one in care for<br />

the first time.<br />

There is <strong>of</strong>ten considerable<br />

pressure when there’s been<br />

a quick discharge from hospital,<br />

or a home assessment<br />

has determined the need for<br />

urgent care.<br />

And there can be the added<br />

complexities <strong>of</strong> how to access<br />

subsidy and finance information.<br />

You may be unaware <strong>of</strong><br />

them, but there are a number<br />

<strong>of</strong> sources for this information,<br />

so seek out the best<br />

advice possible.<br />

The decision to consider<br />

care options starts at home.<br />

Often it is infrequent visitors<br />

who are the first to notice<br />

changes in your loved one.<br />

This can range from their<br />

inability to do normal activities<br />

with ease, worsening medical<br />

conditions worsen, chang-<br />

es in mobility or occasional<br />

falls, more prominent memory<br />

impairment, or risky behaviour<br />

such as leaving jugs boiling or<br />

baths running.<br />

It is important you recognise<br />

these changes and<br />

record them with their GP, as<br />

early conversations can lead<br />

to early care intervention,<br />

either in the home or through<br />

supported living.<br />

The industry says that families<br />

<strong>of</strong>ten report having known<br />

about the changes in their<br />

loved one, but they simply<br />

classify them as the inevitable<br />

result <strong>of</strong> getting older, rather<br />

than the deterioration it clearly<br />

advertises.<br />

This can cause considerable<br />

grief when their loved<br />

one has a serious injury at<br />

home because they are unable<br />

to cope.<br />

The first step is asking the<br />

GP for a referral for assessment.<br />

This referral is made to<br />

your local DHB team, who<br />

will make an appointment to<br />

meet with you and your loved<br />

one to further discuss your<br />

observations and concerns.<br />

The level <strong>of</strong> care might<br />

be classified as resthome,<br />

hospital, secure dementia or<br />

psychogeriatric care.<br />

Obtaining a subsidy<br />

is always the<br />

responsibility <strong>of</strong> the<br />

person receiving care<br />

or their family — not<br />

the care provider.<br />

It is vital at this stage to ask<br />

lots <strong>of</strong> questions around funding<br />

and government subsidy<br />

support, as it can be a lengthy<br />

process.<br />

At assessment time, you<br />

should be given a Residential<br />

Care Subsidy booklet, which<br />

contains valuable information<br />

including asset thresholds and<br />

how to apply for the government<br />

subsidy.<br />

Obtaining a subsidy is<br />

always the responsibility <strong>of</strong> the<br />

person receiving care or their<br />

family — not the care provider.<br />

You should be given a list<br />

<strong>of</strong> facilities <strong>of</strong>fering the level<br />

<strong>of</strong> care required and it is up to<br />

you and your loved one to find<br />

the appropriate placement that<br />

suits your needs.<br />

Though a daunting task<br />

under pressure <strong>of</strong> time, you are<br />

best to avoid rushed decisions<br />

that overlook what is important<br />

to your loved one. After all, it is<br />

to become their new home.<br />

In the next issue we will<br />

examine important factors to<br />

consider in evaluating care<br />

placement options.<br />

10 tips to keep your business<br />

running smoothly<br />

I’m <strong>of</strong>ten surprised at how little some new clients know about<br />

their own business - even such simple facts as what their monthly<br />

overheads are. This is information that can mean the difference<br />

between success and failure.<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 />

I<br />

tell these clients that staying<br />

up-to-date is crucial, and<br />

that there’s no excuse not<br />

to be. All it takes to clearly<br />

understand your position and<br />

make the right decisions to run<br />

a robust and pr<strong>of</strong>itable business,<br />

is a monthly check <strong>of</strong><br />

the following key indicators <strong>of</strong><br />

your business’ health:<br />

1. Monitor cash<br />

Cash needs to be closely monitored<br />

as it is the single most<br />

important indicator <strong>of</strong> business<br />

performance. With cash, it’s<br />

imperative that it is monitored<br />

more daily than monthly. It is<br />

also important that it is monitored<br />

on both a short-term and<br />

longer-term basis.<br />

2. Financial reports<br />

Too <strong>of</strong>ten I see businesses<br />

reacting to information months<br />

down the track. It is imperative<br />

that accurate reports are<br />

prepared on a monthly basis,<br />

close to month-end, so you can<br />

react in real-time to market<br />

changes. Most s<strong>of</strong>tware can<br />

provide reports – from large<br />

businesses with fully integrated<br />

programmes, to smaller<br />

companies using bank-link<br />

type reports. Don’t just do<br />

your GST and move on to the<br />

next job – print your monthly<br />

reports and review them.<br />

3. Customers<br />

You must understand your customers.<br />

You should be regularly<br />

asking them what they want<br />

and what they think <strong>of</strong> your<br />

product or service. Use technology<br />

to help you connect<br />

and measure with them.<br />

4. Overheads<br />

Many clients not know their<br />

monthly overheads, yet it is<br />

such an easy calculation –<br />

even if done as basically as<br />

dividing annual overheads by<br />

12 months. It is essential information<br />

to have in order to<br />

know when you’ve reached<br />

that crucial breakeven point in<br />

the month and have begun to<br />

make a pr<strong>of</strong>it.<br />

5. Key relationships<br />

Strong relationships are fundamental<br />

to business success.<br />

So find a bank manager you<br />

connect with, who will give<br />

you their direct dial number,<br />

and make sure you stay in<br />

touch. Likewise it’s imperative<br />

to have strong relationships<br />

with key suppliers. They’re<br />

<strong>of</strong>ten willing to extend payment<br />

terms or give discounts<br />

and allowances, so constant<br />

communication is the key.<br />

Huge benefits can flow to your<br />

business including improved<br />

margins and support through<br />

tight cash flow periods.<br />

6. Gross margin<br />

Know your pricing model and<br />

continually strive to maximise<br />

your margins. Gross pr<strong>of</strong>it and<br />

margin are key financial indicators<br />

that need to fall out <strong>of</strong><br />

your monthly reports. Only by<br />

understanding your model can<br />

you strive for improvements.<br />

7. Debtors and creditors<br />

Monitor your debtor levels<br />

monthly. It’s important to<br />

measure the days outstanding<br />

and have formalised methods<br />

<strong>of</strong> collections. This <strong>of</strong>ten<br />

requires continuous follow-up<br />

and a firm consistent approach.<br />

Also measure your creditor<br />

levels monthly. Huge gains<br />

can be made by using technology<br />

and managing creditors<br />

on line, and by eliminating<br />

cheque payments.<br />

8. Stock control<br />

Measure the stock that is key<br />

to your business on a monthly<br />

basis to obtain accurate<br />

financial reports. This doesn’t<br />

necessarily mean monthly<br />

physical stock takes, but<br />

it does mean having a programme<br />

to monitor levels,<br />

ageing and shrinkage. Rolling<br />

stock takes and spot checks<br />

are useful. Stock – along with<br />

badly managed debtors – is<br />

<strong>of</strong>ten the culprit when money<br />

runs out.<br />

9. Employees<br />

Great employees are the key<br />

to business success. You need<br />

a process for collecting all the<br />

great ideas your employees<br />

have. You also need to monitor<br />

staff turnover on a monthly<br />

basis.<br />

10. Budgets<br />

The difference between a<br />

dream and a goal is a plan. You<br />

must have both short and longterm<br />

business budgets, and<br />

review your monthly results to<br />

budgets. Most s<strong>of</strong>tware easily<br />

accommodates budgets.<br />

If you’re stuck or confused<br />

about any <strong>of</strong> these matters,<br />

ensure you get pr<strong>of</strong>essional<br />

advice sooner rather than later.<br />

Staying up-to-date is fundamental<br />

to good business.


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

How to make yourself<br />

part <strong>of</strong> the story<br />

Sometimes making news headlines means being willing and<br />

responsive to seize on major news stories and other opportunities<br />

as they arise.<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 chief executive <strong>of</strong> a<br />

fledgling national association<br />

recently told<br />

me how he had inserted his<br />

organisation into a breaking<br />

national news story by simply<br />

picking up the phone and<br />

asking if they wanted comment<br />

from an industry expert.<br />

Another organisation I work<br />

with secured a spot on the AM<br />

Show’s Carpool because they<br />

had the gumption to call in and<br />

ask to be part <strong>of</strong> it.<br />

In both cases, the resulting<br />

coverage was seen by hundreds<br />

<strong>of</strong> thousands <strong>of</strong> New<br />

Zealanders, helping to raise<br />

awareness <strong>of</strong> the respective<br />

organisations and position<br />

them as experts in their industries.<br />

In the case <strong>of</strong> the national<br />

association, it also resulted in<br />

new members signing up as a<br />

direct result <strong>of</strong> seeing the association<br />

in the news.<br />

Being able to add your<br />

voice to a breaking or ongoing<br />

news story is as much about<br />

attitude as it is about ability.<br />

If you’re across a topic and<br />

willing to speak to the media<br />

at short notice, you hold a significant<br />

advantage over those<br />

who are gunshy in front <strong>of</strong> the<br />

media, require time to research<br />

a subject, or need permission<br />

from others in their organisation<br />

before they speak.<br />

That’s not to say you<br />

shouldn’t be prepared – it’s<br />

Being able to add<br />

your voice to a<br />

breaking or ongoing<br />

news story is as<br />

much about attitude<br />

as it is about ability.<br />

always important to go into an<br />

interview knowing the facts<br />

and the key messages you<br />

want to get across.<br />

But if you’re quick on your<br />

feet and willing to prioritise<br />

media opportunities when they<br />

arise, you can secure some<br />

amazing coverage.<br />

Knowing who to contact<br />

and having existing relationships<br />

with the media is also<br />

helpful. You don’t need to be<br />

on first-name terms, but if<br />

you’ve previously spoken to<br />

a particular journalist and they<br />

know who you are, they are<br />

likely to be more receptive.<br />

Having their contact details on<br />

hand also makes things easier.<br />

Keep the business cards or<br />

details <strong>of</strong> journalists you deal<br />

with.<br />

And consider subscribing<br />

to a media database service<br />

that allows you to look up<br />

the contact details for media<br />

organisations and specific<br />

journalists quickly and easily.<br />

Keep in mind that not every<br />

trending news story should be<br />

considered a publicity opportunity.<br />

Never seek to comment<br />

on disasters or sensitive<br />

subjects for commercial gain,<br />

and stick to topics where your<br />

commentary will add value or<br />

provide an angle that hasn’t<br />

already been covered.<br />

Tesla’s chief executive Elon<br />

Musk learnt that lesson in painful<br />

fashion recently when he<br />

publicly <strong>of</strong>fered the use <strong>of</strong> an<br />

experimental mini submarine<br />

to assist with the rescue <strong>of</strong> the<br />

boys’ football team that was<br />

trapped in the Tham Luang<br />

cave in Thailand for more than<br />

two weeks.<br />

When his <strong>of</strong>fer was rejected<br />

as impractical by the rescue<br />

team, Musk would have been<br />

wise to accept their word rather<br />

than publicly suggesting he<br />

knew best, when he was not<br />

directly involved in the rescue.<br />

Also remember that making<br />

the news is just the first step.<br />

Once you do secure positive<br />

coverage, make the most <strong>of</strong> it.<br />

People are absorbing information<br />

through a wide range<br />

<strong>of</strong> channels, so make sure to<br />

maximise its reach by sharing<br />

it through your communications<br />

channels, particularly<br />

your social media accounts.<br />

Recent figures from<br />

Facebook show it has 3.2 million<br />

monthly average users in<br />

New Zealand, which makes it<br />

an important platform for any<br />

message you want to share.<br />

Securing media coverage<br />

can have a big impact on your<br />

brand. Next time you see a<br />

trending media topic that you<br />

have expertise in, consider<br />

reaching out to media to let<br />

them know how you can add<br />

value to their story. You might<br />

be surprised by the results.


P5177Y<br />

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

25<br />

First on the scene<br />

Tauranga Chamber <strong>of</strong> Commerce’s recent BA5 networking meeting,<br />

hosted by Air New Zealand at Mills Reef.<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 Caitlin Hayward and Bill Reeves, Air New Zealand. 2 Stan Gregec, Tauranga Chamber <strong>of</strong> Commerce CEO.<br />

At TABAK, we promise to guide<br />

you through the sales process<br />

with focus, integrity and<br />

complete confidentiality.<br />

3 Anita Brown, Go Map Girl and Ron Devlin, Tauranga Chamber <strong>of</strong> Commerce president. 4 Abbie Clark and Rachel<br />

Lawrence, Altex Coatings.<br />

FOCUS • INTEGRITY<br />

CONFIDENTIALITY<br />

5 Linda Rewita, Edvance and Michael <strong>Bay</strong>ly, Karamu Farm. 6 Steff Bunn and Warren Scobie, Bizness Wins.<br />

WHY TABAK<br />

INDUSTRY EXPERIENCE<br />

REALISTIC APPRAISALS<br />

7 Kirsten Street, Westpac and Patrice Belcher, <strong>Bay</strong> Venues. 8 Trevor and Shona Jones, ADG.<br />

TEAM APPROACH<br />

PRE-QUALIFIED BUYERS<br />

9 Lindsay Faris, Groundswell. 10 Owen Lee-Cusack, Success Personnel and Ken Persyk, University <strong>of</strong> Waikato.<br />

147 Cameron Road<br />

p. 07 578 6329<br />

e. tauranga@tabak.co.nz<br />

w. tabak.co.nz


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

Big agency or good agent<br />

- which is more important?<br />

Eight years ago, at age 20 and after studying<br />

marketing and economics at university, I became<br />

a real estate agent. I was full <strong>of</strong> optimism, excited<br />

about the challenge, and couldn’t wait to learn the<br />

ropes from my older and more experienced peers.<br />

After just a few weeks, I was<br />

shocked at some <strong>of</strong> what I<br />

saw. People from all walks<br />

<strong>of</strong> life and almost every background<br />

you can imagine were<br />

doing a quick course, suddenly<br />

becoming marketing experts, and<br />

claiming an ability to “get the best<br />

price for your property”.<br />

The agent you choose<br />

to sell your property<br />

will have a direct and<br />

significant bearing on the<br />

outcome.<br />

I found many <strong>of</strong> my peers<br />

seemed to not really have any idea<br />

what they were doing. Their training<br />

seemed to have been heavily<br />

geared towards how to get listings,<br />

leaving to chance the infinitely<br />

more important issues <strong>of</strong> how to<br />

market real estate and negotiate<br />

with purchasers. Over the next<br />

couple <strong>of</strong> years, I wondered at<br />

times whether I might find another<br />

more suitable career. But eventually<br />

I made a commitment that I<br />

would become the change I wanted<br />

to see.<br />

With the above in mind, I ask<br />

you to do whatever you need to do<br />

to plant the following statement<br />

firmly in your mind:<br />

“The agent you choose to sell<br />

your property will have a direct<br />

and significant bearing on the outcome.”<br />

Throughout the process, your<br />

agent probably has a hundred or<br />

more opportunities to influence<br />

the outcome. This starts as early as<br />

the initial suggestions they make<br />

around preparing the property for<br />

sale and the method <strong>of</strong> sale. It extends<br />

through to each and every<br />

phone call, text message, email<br />

and other interaction they have<br />

with every single purchaser who<br />

enquires about your property.<br />

How and to whom the property<br />

is marketed, whether or not the<br />

photography and video is exceptional,<br />

which features should be<br />

highlighted to different purchasers<br />

- the list <strong>of</strong> opportunities your<br />

agent has to absolutely make or<br />

break the sale is almost unlimited.<br />

And <strong>of</strong> course how your agent responds<br />

when a purchaser actually<br />

says “I’d like to make an <strong>of</strong>fer”<br />

will be critical to the outcome. But<br />

every one <strong>of</strong> the preceding points<br />

is equally as important, because in<br />

some cases they will dictate whether<br />

or not an <strong>of</strong>fer is even received.<br />

And when you apply this concept<br />

to luxury and lifestyle properties,<br />

the stakes go through the ro<strong>of</strong>.<br />

Luxury and lifestyle properties can<br />

be incredibly sensitive to the market,<br />

especially given they are <strong>of</strong>ten<br />

in a significantly higher than average<br />

price range. When selling one<br />

<strong>of</strong> these properties, the agent you<br />

choose could influence the price by<br />

$500,000 or more. In some fraught<br />

situations, such as a family breakup<br />

or a seller under intense financial<br />

pressure - the agent you choose<br />

could very easily mean the difference<br />

between selling or not.<br />

Where’s the pro<strong>of</strong>, you ask?<br />

As an example, a few weeks ago,<br />

after more than three years on the<br />

market with three <strong>of</strong> the country’s<br />

best-known real estate agencies,<br />

my independent, specialist real estate<br />

agency took over and sold an<br />

upmarket Te Puna lifestyle property<br />

in just 32 days. If you think<br />

luck had anything to do with that,<br />

please start from the top and read<br />

this over again.<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


Protecting New Zealand<br />

from “dirty” money<br />

Although it sounds somewhat terrifying, there’s a good reason for<br />

the Anti-Money Laundering and Countering Financing <strong>of</strong> Terrorism<br />

Act that’s been in force in New Zealand since 2013. According to<br />

figures released by the Ministry <strong>of</strong> Justice, about $1.35 billion from<br />

the proceeds <strong>of</strong> fraud, illegal drugs and trafficking is laundered<br />

through everyday New Zealand businesses each year.<br />

The AML/CFT Act applies<br />

to banks, casinos, financial<br />

institutions and<br />

some trust and company service<br />

providers. If you’ve tried<br />

to open a bank account or get<br />

a loan in recent years, you’ve<br />

been asked to provide certain<br />

identification and pro<strong>of</strong><br />

<strong>of</strong> address as well as pro<strong>of</strong> <strong>of</strong><br />

where your funds come from.<br />

From 1 July <strong>2018</strong>, the legislation<br />

has been extended. Real<br />

estate agents and conveyancers;<br />

lawyers and accountants;<br />

and some businesses that deal<br />

in expensive goods must comply<br />

to the Act as well.<br />

“The law will come into<br />

effect in stages for different<br />

sectors to give businesses time<br />

to prepare for these changes,”<br />

explains Paula Lines from the<br />

Law Shop.<br />

Lawyers, conveyancers,<br />

and trust and company service<br />

providers must comply from 1<br />

July <strong>2018</strong> and providers <strong>of</strong> accounting<br />

services from 1 October<br />

<strong>2018</strong>. Real estate agents<br />

from 1 January 2019, and<br />

dealers in high-value goods<br />

and the NZ Racing Board will<br />

be included from 1 <strong>August</strong><br />

2019.<br />

The law changes are<br />

a practical measure<br />

to protect Kiwi<br />

businesses and to<br />

make it harder for<br />

criminals to pr<strong>of</strong>it<br />

from and fund illegal<br />

activity.<br />

Paula Lines, Commercial Lawyer at The Law Shop.<br />

All businesses and service<br />

providers covered under the<br />

AML/CFT Act, including those<br />

from the first phase, will now<br />

have reporting requirements<br />

that relate to certain transactions<br />

and they must also report suspicious<br />

activities.<br />

The law changes are a practical<br />

measure to protect Kiwi<br />

businesses and to make it harder<br />

for criminals to pr<strong>of</strong>it from and<br />

fund illegal activity. They’ll<br />

also safeguard and help New<br />

Zealand live up to its reputation<br />

as being one <strong>of</strong> the least corrupt<br />

countries in the world and a<br />

great place to do business.<br />

“In the past, as your lawyers,<br />

we may have primarily dealt<br />

with you at a distance until it<br />

came time to sign the paperwork,<br />

but these days we need<br />

to view your identification prior<br />

to acting for you. The main<br />

change for you will be having to<br />

provide all the necessary information<br />

at the beginning <strong>of</strong> the<br />

transaction,” Paula says.<br />

“People just need to be<br />

aware that some extra information<br />

may be required from them<br />

during certain transactions.<br />

Even if you have been a customer<br />

<strong>of</strong> businesses such as ours for<br />

a long time, we may still need<br />

to ask you to confirm that you<br />

are who you say you are and,<br />

in some cases, tell us where the<br />

money you are going to use has<br />

come from.<br />

“If you want to get a jump<br />

start and make sure things keep<br />

running smoothly, it’s best to<br />

contact us ahead <strong>of</strong> when you<br />

need our firm to act for you. It’s<br />

best to have everything in place<br />

and ready to go. Just give our<br />

Tauranga or Rotorua <strong>of</strong>fices a<br />

call and we’ll get things sorted.”<br />

Call The Law Shop on 07<br />

572 5272 (Tauranga) or 07 349<br />

2924 (Rotorua) or email team@<br />

thelawshop.co.nz<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 />

“After three years on the market with a number<br />

<strong>of</strong> agents, our luxury property in Te Puna was no<br />

closer to being sold. Enter, Cameron Macneil.<br />

Cameron’s approach is refreshing to say the<br />

least. At each step <strong>of</strong> the process we felt he<br />

listened to us, developed clear strategies, then<br />

had the confidence (and competence) to<br />

implement them. Cameron’s obvious depth <strong>of</strong><br />

knowledge and passion for his pr<strong>of</strong>ession was<br />

evident right from start and at all times we felt he<br />

had our best interests at heart. Most importantly<br />

in our case, Cameron instinctively knew what<br />

needed to be changed in order to attract the<br />

right buyer and within just 32 days <strong>of</strong> listing, our<br />

property was sold.<br />

353<br />

Minden Road<br />

SOLD<br />

To anyone considering selling a high-end<br />

property in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>, and to anyone<br />

wanting to get it right the first time, we strongly<br />

recommend engaging Cameron Macneil <strong>of</strong> Oliver<br />

Road Estate Agents.”<br />

Tom Duncan<br />

353 Minden Road, Te Puna<br />

Hi, my name is Cameron Macneil. I have eight years experience selling high-end properties<br />

and I have 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 focus solely on marketing and negotiating the<br />

sale <strong>of</strong> luxury and lifestyle properties - no standard residential or commercial. In doing this,<br />

we’re making a commitment to the owners <strong>of</strong> these properties to spend all <strong>of</strong> our time<br />

working in this <strong>of</strong>ten challenging segment <strong>of</strong> the market, ensuring each property gets the<br />

specialist attention it requires.<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<br />

approach?<br />

Do you have no intention <strong>of</strong> selling, but would be interested to know what your property is<br />

worth?<br />

Are you considering renovating or subdividing, and would like an idea <strong>of</strong> the value that will be<br />

added?<br />

If you answered “yes” to any <strong>of</strong> these questions, give me a call anytime. I believe you’ll find<br />

my approach to be relaxed and pr<strong>of</strong>essional.<br />

Cameron Macneil<br />

Director | Licensed Real Estate Agent<br />

Oliver Road Estate Agents Limited<br />

Licensed REAA 2008<br />

021 800 889<br />

cameron@oliverroad.co.nz<br />

www.oliverroad.co.nz

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!