26.03.2020 Views

April/May 2020 - BAY OF PLENTY BUSINESS NEWS

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.

APRIL/MAY <strong>2020</strong> VOLUME 4: ISSUE 4 WWW.BOP<strong>BUSINESS</strong><strong>NEWS</strong>.CO.NZ FACEBOOK.COM/BOP<strong>BUSINESS</strong><strong>NEWS</strong><br />

bop business<br />

locked down<br />

but not out<br />

The Bay of Plenty Business News was founded to provide unique, supportive coverage on what<br />

has consistently been one of New Zealand’s fastest-growing regions. The Covid-19 lockdown<br />

that began in March is unprecedented and scary. But the Bay business community’s response<br />

has been steadfast and collaborative. We will continue to provide our readers a fresh perspective,<br />

both in print and regular digital updates. – DAVID PORTER, Editor<br />

AGRITECH<br />

Robotics Plus wins<br />

international accolade.<br />

P6<br />

special focus<br />

Meeting the challenges of<br />

the Covid-19 lockdown.<br />

P11<br />

CREDIT CONTROL<br />

Don’t be scared,<br />

be prepared.<br />

P18<br />

We’re helping sole traders and small<br />

business owners get through.<br />

weatherthestorm.org.nz


2 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

UNLIMITED *<br />

<strong>BUSINESS</strong><br />

MOBILE<br />

DATA<br />

10 TEAM MEMBERS<br />

$35/m<br />

PER PERSON<br />

MAX SPEEDS REDUCE AFTER 40GB<br />

Hotspot your data at no extra cost<br />

Add landline on your mobile<br />

Voicemail included<br />

2degreesbusiness.co.nz<br />

MC11588A<br />

*Fair use policy applies. Max speeds reduce to 1Mbps after<br />

40GB/m, per person & hotspotting speeds may be reduced<br />

further during periods of network congestion.<br />

$35 per person, per month price based on total bill of $350 per month divided<br />

by 10 connections. Pricing will vary depending on the number of connections<br />

in each account (up to 10). All pricing excludes GST. One account and one bill.<br />

See 2degrees for full T&Cs.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 3<br />

Zespri gets first shipment of kiwifruit<br />

away to Japan<br />

The current Covid-19 disruption has a few<br />

bright spots, namely that The Bay remains<br />

a key horticultural export of premier food.<br />

March saw the loading<br />

and departure from<br />

Tauranga of the first<br />

of a planned 47 charter vessels<br />

carrying new season Zespri kiwifruit<br />

to offshore consumers.<br />

The Baltic Pearl, carrying<br />

just over 1 million trays<br />

of SunGold kiwifruit, was<br />

expected to reach Japan by<br />

the end of March, docking in<br />

Tokyo and Kobe.<br />

The vessel had earlier<br />

berthed in Gisborne to pick up<br />

over 330,000 trays of SunGold<br />

after the region became one of<br />

the first to start this season’s<br />

kiwifruit harvest.<br />

Zespri chief global supply<br />

officer Blair Hamill, said that<br />

while there were ongoing challenges<br />

associated with Covid-<br />

19, all ports in Japan, Korea<br />

and Europe were functioning<br />

well and had labour available.<br />

“We’re continuing to monitor<br />

the situation closely and<br />

adopting a precautious approach,<br />

with our contingency<br />

planning taking account of<br />

the rapidly changing environment,”<br />

said Hamill.<br />

“We’re seeing positive<br />

signs in China in terms of<br />

the improving consumer<br />

metrics, and we expect our<br />

charter reefer vessels to run as<br />

planned.”<br />

Harvest underway<br />

The Baltic Pearl loading at Port of Tauranga. Photo/Zespri.<br />

We’re continuing to monitor the situation<br />

closely and adopting a precautious approach,<br />

with our contingency planning taking account<br />

of the rapidly changing environment.”<br />

– Blair Hamill.<br />

Hamill said with the harvest<br />

now underway, the industry<br />

was working hard to deliver<br />

another great tasting<br />

crop of kiwifruit, which had<br />

benefitted from this season’s<br />

warm weather and excellent<br />

pollination.<br />

(See our Special Focus on<br />

pages 11-14 for an update<br />

on Covid-19 impacts on our<br />

exports.)<br />

“This season we’re expecting<br />

to supply around 155 million<br />

trays, or around 600,000<br />

tonnes, of our premium Zespri<br />

kiwifruit to our consumers<br />

across the world,” he said.<br />

“Our latest estimates show<br />

we’re on track to supply over<br />

80 million trays of SunGold,<br />

and around 70 million trays of<br />

Green this year.<br />

“That’s up from around 74<br />

million trays of SunGold and<br />

73 million trays of Green last<br />

year, which marked the first<br />

time we’ve supplied more<br />

SunGold to the markets.”<br />

In total, Zespri expects to<br />

send more than 18,500 containers<br />

of kiwifruit this season,<br />

with four sailings to North Europe,<br />

11 to Zespri’s Mediterranean<br />

markets and 32 to Asia.<br />

“We’ll continue to monitor<br />

the developing COVID-19<br />

situation closely, and if we see<br />

any change in demand or disruption<br />

to a port, we will make<br />

adjustments to our fruit allocations<br />

accordingly.<br />

“We’re pleased to be able to<br />

get this first shipment of Sun-<br />

Gold Kiwifruit away and will<br />

continue to be working closely<br />

with our partners and in-market<br />

teams to ensure we’re continuing<br />

to meet our customer<br />

and consumer’s strong demand<br />

for fresh fruit.”<br />

Business buyer –<br />

is your next adventure on this page?<br />

Niche Homebased Distribution<br />

Relocatable<br />

• Well established; consistent profits<br />

• Little competition for their products in the<br />

aged care sector<br />

• No employees, be your own boss<br />

• Learnt quickly; ideal owner marketing/<br />

sales skills<br />

linkbusiness.co.nz/BOP00132<br />

Mike Fraser 021 932 633<br />

mike.fraser@linkbusiness.co.nz<br />

$550,000 Kitchen & Cabinet Joinery $169,000<br />

Bay of Plenty<br />

• Trade and public. Established 35yrs<br />

• Approx. $90 - $100K earnings<br />

• Modern facility with no competition<br />

nearby<br />

• Owner retiring, skilled & experienced<br />

linkbusiness.co.nz/BOP00130<br />

Steve Catley 021 341 117<br />

steve.catley@linkbusiness.co.nz<br />

Spacious Beauty Business<br />

$105,000<br />

Plus stock<br />

Tauranga<br />

• Amazingly spacious premises, allowing<br />

room for growth<br />

• Professionalism hallmark of their success<br />

• Stockists of high-quality products<br />

• Offers therapies not offered by others<br />

linkbusiness.co.nz/BOP00107<br />

Lisa Lloyd 027 685 4556<br />

lisa.lloyd@linkbusiness.co.nz<br />

Homebased. Earn $60k+<br />

$129,000<br />

Tauranga<br />

• Digital sign franchise<br />

• Well established digital sign franchise<br />

• Easy growth and reap quick rewards<br />

• Vendor must sell quickly due to health<br />

reasons<br />

linkbusiness.co.nz/BOP00112<br />

Camella Anselmi 027 445 4121<br />

camella.anselmi@linkbusiness.co.nz<br />

Cafe Returning Healthy Profit<br />

$699,000<br />

Tauranga<br />

• Operating 7 days a week – day time only<br />

• Good lease with experienced landlords<br />

• Could be run under management due to<br />

systems in place<br />

• Coffee kgs range from 28–30 per week!<br />

linkbusiness.co.nz/BOP00111<br />

Theresa Eagle 021 289 0949<br />

theresa.eagle@linkbusiness.co.nz<br />

3 Days A Week. $49k Profit<br />

Tauranga<br />

• Distributes chilled and frozen foods<br />

• Supplier contracts<br />

• Established and loyal customer base<br />

• Great turnover, great cash surplus<br />

• Lucrative food service industry<br />

linkbusiness.co.nz/BOP00109<br />

Nols Bertram 027 238 1450<br />

nols.bertram@linkbusiness.co.nz<br />

$129,000 Modern Simple Takeaways $160,000<br />

Bay of Plenty<br />

• Simple, delicious and quick food<br />

• Turnover approx. $35K - $40K per month<br />

• Systems in place; no skilled chefs required<br />

• Strong lease; high asset value<br />

• Priced under set up costs, priced to sell<br />

linkbusiness.co.nz/BOP00120<br />

Theresa Eagle 021 289 0949<br />

theresa.eagle@linkbusiness.co.nz<br />

Unique Beauty Business<br />

$98,000<br />

Bay of Plenty<br />

• Attractively presented<br />

• No specific qualifications required<br />

• Minimal competition<br />

• Central location, free parking<br />

• Asking price includes stock<br />

linkbusiness.co.nz/BOP00115<br />

Lisa Lloyd 027 685 4556<br />

lisa.lloyd@linkbusiness.co.nz<br />

Bay Business Brokers Ltd - Licensed (REAA08)<br />

NZ’s most awarded business brokerage<br />

8 <strong>OF</strong>FICES NATIONWIDE. 26 FOURTH AVE, TAURANGA<br />

Connecting business<br />

buyers & sellers since 1996<br />

0800 225 999<br />

LINK<strong>BUSINESS</strong>.CO.NZ


4 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

www.bopbusinessnews.co.nz<br />

CONTACT<br />

INFORMATION<br />

ELECTRONIC<br />

FORWARDING<br />

PUBLISHER<br />

Alan Neben<br />

Ph: (07) 838 1333<br />

Mob: 021 733 536<br />

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

EDITORIAL:<br />

News releases/Photos/Letters:<br />

david@bopbusinessnews.co.nz<br />

GENERAL INQUIRIES:<br />

info@bopbusinessnews.co.nz<br />

From the editor<br />

EDITOR<br />

David Porter<br />

Mob: 021 884 858<br />

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

PRODUCTION<br />

Copy/Proofs/Graphic Design<br />

Times Media – Clare McGillivray<br />

Ph: (09) 271 8067<br />

Email: clare@times.co.nz<br />

ADVERTISING<br />

INQUIRIES<br />

<strong>BUSINESS</strong> DIRECTOR<br />

Pete Wales<br />

Mob: 022 495 9248<br />

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

Bay of Plenty Business News has<br />

a circulation of 8000, distributed<br />

throughout Bay of Plenty between<br />

Waihi and Opotiki including<br />

Rotorua and Taupo, and to a<br />

subscription base.<br />

www.bopbusinessnews.co.nz<br />

Bay of Plenty Business Publications<br />

210/424 Maunganui Road,<br />

Mount Maunganui, 3116<br />

Bay of Plenty Business<br />

Publications specialises in<br />

business publishing, advertising,<br />

design and print media services.<br />

As I note on the cover,<br />

the Bay of Plenty Business<br />

News was founded<br />

to provide unique, supportive<br />

coverage on what has consistently<br />

been one of New Zealand’s<br />

fastest-growing regions.<br />

We are fortunate compared<br />

to some regions and countries<br />

– the Bay has been in a sound<br />

position economically and has<br />

excellent exporting and food<br />

producing resources.<br />

I believe the government<br />

has made the correct decision<br />

to take immediate action, with<br />

its decision to lock down everybody<br />

except essential industries<br />

for at least a month<br />

and offer financial relief.<br />

It seems to be those countries<br />

that have delayed acting<br />

promptly that are suffering<br />

higher infection rates and infection<br />

levels.<br />

But the reality is that nobody<br />

really knows what is<br />

going to happen next.<br />

And it is the fear of the unknown<br />

that has the potential<br />

to do us the most long term<br />

damage.<br />

As our writers and columnists<br />

note in numerous articles<br />

in this issue, there will be<br />

major challenges ahead.<br />

But we have also seen great<br />

positive responses and some<br />

excellent examples of the collaborative<br />

business spirit the<br />

region is known for.<br />

We continue to produce excellent<br />

food – and even toilet<br />

paper.<br />

That some people continue<br />

to stockpile and fight over food<br />

and household items is just<br />

the unthinking and selfish behaviour<br />

we should be avoiding.<br />

I have had the personal<br />

misfortune to live through the<br />

Global Financial Crisis, the<br />

Asian Financial Crisis, SARS,<br />

bird flu and sundry other<br />

David Porter<br />

global panics.<br />

Our world has survived everything<br />

from the plague to the<br />

Spanish flu. Unless this really<br />

is the big one, Covid-19 will<br />

eventually pass.<br />

We will continue to publish<br />

in print and digital form and<br />

are working closely with our<br />

service providers.<br />

Bay of Plenty Business<br />

News will continue to offer<br />

our readers a timely and useful<br />

perspective as we all adjust<br />

our behaviours to deal with<br />

Covid-19.<br />

NOT GETTING THE<br />

ATTENTION YOU<br />

DESERVE FROM YOUR<br />

ACCOUNTANT?<br />

There’s nothing worse<br />

than feeling unimportant.<br />

It doesn’t matter if you’re<br />

a big or small business.<br />

We tailor our approach to<br />

you and deliver on time.<br />

As promised.<br />

The change over process is<br />

easy. Give us a call and we’ll<br />

do it for you.<br />

EXPERIENCE. THE DIFFERENCE ADDS UP.<br />

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


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 5<br />

Working Together<br />

We wanted to share with you that New Zealand Sotheby’s<br />

International Realty remains well and truly open for business.<br />

We are here for you and throughout this uncertain time we<br />

will turn to what we know – hard work, high standards, global<br />

expertise and total commitment to our clients.<br />

The New Zealand Sotheby’s International Realty Team<br />

We’re open online 24/7<br />

Tauranga +64 7 578 0003 Rotorua + 64 7 346 0050<br />

nzsothebysrealty.com<br />

Each Office Is Independently Owned and Operated. Browns Real Estate Limited (licensed under the REAA 2008) MREINZ.


6 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

Bay company makes the cut in global<br />

agri-tech list<br />

Making the cut in a list of the top 50<br />

global agri-tech companies is likely to pay<br />

big dividends for Bay of Plenty company<br />

Robotics Plus.<br />

By RICHARD RENNIE<br />

The company has been<br />

named in the THRIVE<br />

Top 50 list, an annual<br />

ranking of leading global agritech<br />

companies, and is the<br />

only New Zealand company to<br />

make the list.<br />

The Silicon Valley-based<br />

THRIVE SVG Ventures enterprise<br />

is a platform for global<br />

agri-food investment and innovation<br />

that works with investors,<br />

entrepreneurs and corporates<br />

to help commercialise<br />

new technology.<br />

Based in Te Puna, Robotics<br />

Plus has become well known<br />

for developing a prototype<br />

robotic kiwifruit picker and<br />

two years ago received a $10<br />

million funding injection from<br />

Yamaha Group to help commercialise<br />

its technology.<br />

Founded in 2013 by Steve<br />

Saunders and Dr Alistair<br />

Scarfe the business has since<br />

also developed ground breaking<br />

apple packing technology<br />

and log volume assessment<br />

equipment.<br />

Getting on the radar<br />

Robotics Plus chief executive<br />

Matt Glenn said the recognition<br />

the company gained by<br />

making the Top 50 list was<br />

invaluable for putting the company<br />

on the radar of other potential<br />

investors.<br />

“It’s a huge deal for us for<br />

attracting the attention of large<br />

investors and we have already<br />

had some big fish approach<br />

us,” he said.<br />

Yamaha’s focus on robotics<br />

stepped into the agri-tech sector<br />

with its investment in Robotics<br />

Plus, the first and largest<br />

the company had made outside<br />

of full merger and acquisition<br />

deals.<br />

Glenn said while the robotic<br />

kiwifruit picker had been<br />

good for raising the company’s<br />

profile, making the leap from<br />

a proof of concept prototype to<br />

full commercially scaled production<br />

was a big one.<br />

From its initial intention to<br />

be a dedicated kiwifruit picker<br />

the robot was adapted to become<br />

more of an autonomous<br />

platform, with multiple applications<br />

including picking, pollinating<br />

and spraying.<br />

The technology developed<br />

with the robot today forms one<br />

of three planks in the business,<br />

known as unmanned vehicles.<br />

Alongside this sits forestry<br />

logistics and produce packing<br />

technology.<br />

Apple packer<br />

successfully<br />

commercialised<br />

Robotics Plus chief executive Matt Glenn: global focus. Photo/Supplied.<br />

It’s a huge deal for us for attracting the<br />

attention of large investors and we have<br />

already had some big fish approach us.” –<br />

Matt Glenn<br />

The company’s Aporo apple<br />

packers have been successfully<br />

commercialised in the<br />

last two years with 50 in place<br />

around the world. The machine<br />

is capable of identifying and<br />

placing 120 apples a minute in<br />

display trays, and is marketed<br />

by Global Pac Technologies<br />

globally.<br />

Here in the Bay of Plenty,<br />

log marshalling company ISO<br />

was the first to install Robotic<br />

Plus’s log scaling machines,<br />

which scan logging truck<br />

loads for accurate volume calculations<br />

of log loads. Seven<br />

other units have been installed<br />

around New Zealand, with export<br />

opportunities beckoning.<br />

Glenn said the company remains<br />

focused on being a company<br />

committed to growth and<br />

development, rather than only<br />

seeking organic growth over<br />

time through existing commercialised<br />

technology.<br />

With that comes significant<br />

funding demands, and an ongoing<br />

need for highly skilled<br />

engineers and developers.<br />

“We have worked closely<br />

with Waikato University’s<br />

head of robotics Professor<br />

Mike Duke, and we would<br />

have about 25 percent of our<br />

staff coming from Waikato,”<br />

said Glenn.<br />

Many staff at Robotics Plus<br />

are completing a Masters or<br />

PhD in areas of computing and<br />

robotics. Glenn said the challenge<br />

is often to source staff<br />

who have those skills, tempered<br />

with some commercial<br />

experience.<br />

“We have 65 staff now, and<br />

aim to be close to 80 by the end<br />

of the year.”<br />

He said much of the company’s<br />

technology is now highly<br />

valued IP and kept secure from<br />

prying eyes. However, he expected<br />

to be able to make a<br />

significant announcement later<br />

this year about another major<br />

commercial development.<br />

With its pool of talented<br />

staff built up in the Bay, Glenn<br />

was confident Robotics Plus<br />

would remain a local company.<br />

But it would maintain a<br />

global focus on the many opportunities<br />

that existed beyond<br />

New Zealand to develop broad<br />

acre robotic equipment that<br />

would help deal with the growing<br />

labour shortages faced by<br />

primary producers all over the<br />

globe.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 7<br />

Young professionals bring fresh<br />

governance perspective<br />

The traditional image of the boardroom<br />

table being surrounded by people in middleage<br />

and older, is increasingly becoming<br />

outdated. The modern boardroom is about<br />

bringing diversity to the fore – not just in<br />

terms of age and ethnicity, but in diversity of<br />

thought, says Priority One.<br />

By DAVID PORTER<br />

Diversity is seen as bringing<br />

positive, lasting results<br />

to organisations.<br />

Boards all over the world<br />

are taking notice of younger<br />

voices that bring new perspectives<br />

and fresh experiences.<br />

Locally, Priority One, is leading<br />

the way with the appointment<br />

of two Young Professional<br />

Board Members who<br />

have been co-opted onto the<br />

governance board.<br />

Jack Christianson from<br />

Zespri and Kelly Williams<br />

from Cucumber have joined<br />

the Priority One board. Chair<br />

Brett Hewlett said bringing in<br />

Young Professional Members<br />

reflects the broader company<br />

culture, which values mixing<br />

young professionals with generations<br />

of local knowledge<br />

and experience.<br />

“There are positive and<br />

lasting results in organisations<br />

governed by diverse boards,”<br />

he said.<br />

“While years of experience<br />

often translates to effective<br />

board service, so too can the<br />

ground-level perspective that<br />

young professionals bring.”<br />

Crafting the future<br />

Priority One was helping to<br />

craft the future of Tauranga<br />

and the Bay of Plenty, said<br />

Hewlett.<br />

“It’s important for us to ensure<br />

we have diversity of voice<br />

at the boardroom level, and<br />

across the business, to keep<br />

driving us forward.”<br />

Young professionals<br />

brought a different perspective<br />

to the board table, often offering<br />

new ideas, a deeper understanding<br />

of emerging technologies,<br />

cultural trends and the<br />

increasingly important role of<br />

social networks, he said.<br />

“For Priority One in particular<br />

we want to know what<br />

attracts young people to Tauranga<br />

and how to retain those<br />

we already have… we need<br />

to maximise the opportunities<br />

available to young people so<br />

they want to stay and grow<br />

their careers here, or start their<br />

own businesses here.”<br />

Bryan Graham, chair of<br />

the Institute of Director’s Bay<br />

of Plenty Branch, said the IoD<br />

was pleased to see Priority<br />

One initiate the programme. .<br />

“Diversity of thought<br />

is crucial around the board<br />

table,” he said.<br />

“The IoD, which has the<br />

Future Directors and Mentoring<br />

for Diversity programmes,<br />

supports initiatives like this<br />

which help develop director<br />

talent.”<br />

First-hand experience<br />

Zespri’s Christianson credited<br />

the company’s chief global<br />

Kelly Williams, Jack Christianson and Brett Hewlett. Photo/Priority One<br />

While years of experience often translates<br />

to effective board service, so too can<br />

the ground-level perspective that young<br />

professionals bring.” – Brett Hewlett<br />

supply officer Blair Hamil<br />

for nominating him for the<br />

position.<br />

“This opportunity provides<br />

first-hand experience of what<br />

is required to shape the strategic<br />

direction of an organisation,”<br />

he said.<br />

“I’ll be learning from existing<br />

board members; it’s<br />

a unique opportunity to get<br />

involved in the development<br />

of our region and to interact<br />

with the wider Western Bay of<br />

Plenty business community.<br />

Kelly Williams, a junior<br />

software developer at digital<br />

services company Cucumber,<br />

said she took a broad interest<br />

in the economic growth of the<br />

wider region, with a particular<br />

interest in the hort-tech<br />

industry.<br />

“I moved to Tauranga<br />

two years ago and have been<br />

amazed at the quality of our<br />

local tech industry,” said<br />

Williams.<br />

“With the passion of our<br />

local industry and the amount<br />

of growth we’re experiencing,<br />

Tauranga has the potential to<br />

be New Zealand’s innovation<br />

hub.<br />

“I’m looking forward to<br />

being able to use the experience<br />

and knowledge I gain<br />

through working with the Priority<br />

One board to enable me<br />

to give back to and support the<br />

community in a meaningful<br />

and thoughtful way.”<br />

Christianson and Williams<br />

will hold their Young Professional<br />

Memberships on the<br />

Board until the end of <strong>2020</strong>.<br />

Tauranga Airport<br />

wins Canstar Blue<br />

top award<br />

As it faces challenging trading conditions in the wake of the virusinduced<br />

downturn in business, Tauranga Airport has had some<br />

good news. It recently topped the Canstar Blue <strong>2020</strong> Most Satisfied<br />

Customers Award for domestic airports.<br />

By DAVID PORTER<br />

The airport – which recently<br />

completed a<br />

major rebuild and refurbishment<br />

– received a five-star<br />

rating for overall satisfaction,<br />

waiting areas and communication,<br />

as well as four stars for<br />

facilities, parking and ease of<br />

check-in.<br />

Tauranga outscored all<br />

other domestic airports including<br />

major terminals such<br />

as Auckland, Christchurch,<br />

Queenstown, Dunedin and<br />

Wellington.<br />

Well-received news<br />

Tauranga Airport chief executive<br />

Ray Dumble said winning<br />

the Customer Satisfaction<br />

Award was the best praise the<br />

airport could get, and would be<br />

well-received by all staff and<br />

contractors involved in the recent<br />

upgrade.<br />

‘We take great pride in putting<br />

our customers first, and to<br />

win this award during a year<br />

of major construction is testament<br />

to the effort our staff put<br />

into minimising disruption to<br />

travellers.’<br />

The original terminal was<br />

constructed in 1967, and although<br />

it had served the region<br />

well, passenger volume<br />

has been increasing and the<br />

upgrade was needed to future<br />

proof the airport.<br />

The $12.7 million redevelopment<br />

was completed last<br />

year and doubled the floor<br />

area of the terminal, making<br />

room for a larger lounge, new<br />

check-in area and café space.<br />

The improvements also<br />

created a shorter walk from the<br />

terminal for boarding.<br />

‘Our focus was to create a<br />

Tauranga Airport during its recent rebuild. Photo/Supplied<br />

space that both customers and<br />

staff enjoyed, and this award is<br />

proof we have achieved that’<br />

explained Ray.<br />

Although the terminal upgrade<br />

is complete, a proposal<br />

has been approved to expand<br />

the car rental depot and the<br />

number of car parks to meet<br />

demand.<br />

Although the airport is<br />

owned by Tauranga City<br />

Council, it is self-funded with<br />

no ratepayer assistance.


8 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

CKL establishes Tauranga office to meet<br />

increasing need for land development<br />

expertise in the Bay Of Plenty<br />

CKL establish Tauranga office to meet<br />

increasing need for land development<br />

expertise in the Bay Of Plenty<br />

CKL, a fully integrated planning,<br />

surveying, CKL, a fully integrated engineering planning, and surveying, environmental<br />

consultancy engineering and well environmental known in consultancy Auckland and<br />

the well known Waikato, in Auckland has opened and the an Waikato, office has at Level<br />

1, opened 73 Spring an office St, at Tauranga. Level 1, 73 Spring St,<br />

Tauranga.<br />

Founded in Hamilton, CKL has has<br />

been operating for over 30 years<br />

and is at at the the forefront of the of the<br />

profession, incorporating sustainable<br />

design and and engineering strategies strategies<br />

into big big or or small small land land development development<br />

projects.<br />

CKL<br />

CKL<br />

has<br />

has<br />

the<br />

the<br />

knowledge<br />

knowledge<br />

and<br />

and expertise<br />

to<br />

expertise to<br />

assist<br />

assist with<br />

with<br />

infill<br />

infill subdivisions,<br />

greenfield residential developments,<br />

commercial and industrial<br />

subdivisions, greenfield residential<br />

developments,<br />

developments,<br />

commercial<br />

and public<br />

and<br />

infrastructure<br />

projects. developments, and public<br />

industrial<br />

infrastructure “We have been projects. providing land development<br />

“We have services been providing to clients land in the<br />

development Bay of Plenty services for a number to clients of in years the<br />

Bay and of with Plenty a growing for a number list of clients of years and<br />

and development with a growing projects list of in clients the region, and<br />

development the time was projects right for in us the to region, provide<br />

the dedicated time was expertise right for us from to provide a local<br />

dedicated office,” said expertise CKL from Director a local Bevan<br />

office,” Houlbrooke. said CKL Director Bevan<br />

Houlbrooke.<br />

“We have appointed two experienced<br />

“We<br />

and<br />

have<br />

well<br />

appointed<br />

respected<br />

two<br />

land development<br />

experts to head up the Tauranga<br />

office. Alan Wilkinson is CKL<br />

experienced and well respected land<br />

development<br />

Tauranga Branch<br />

experts<br />

Manager,<br />

to head<br />

and<br />

up the<br />

Mark<br />

Tauranga Batchelor office. is CKL’s Alan Wilkinson Tauranga Planning<br />

Tauranga Manager,” Branch said Houlbrooke. Manager, and<br />

is<br />

CKL<br />

Mark Alan Batchelor Wilkinson is CKL’s is a chartered Tauranga surveyor<br />

and Manager,” qualified said planner Houlbrooke. with over<br />

Planning<br />

30 Alan years’ Wilkinson experience. is a He chartered brings local<br />

surveyor knowledge and as qualified well as broad planner expertise with<br />

over in surveying, 30 years’ experience. planning, infrastructure<br />

He brings<br />

local management knowledge and as land well development.<br />

as broad<br />

expertise Mark in Batchelor surveying, carries planning, extensive<br />

infrastructure regional district management planning knowledge and land<br />

development.<br />

with urban, rural and coastal marine<br />

Mark<br />

environments.<br />

Batchelor carries<br />

He was<br />

extensive<br />

formerly<br />

a Land Development Manager for<br />

regional district planning knowledge<br />

with Tauranga urban, City rural Council, and coastal so knows marine the<br />

environments.<br />

region and the regulatory processes<br />

inside He was and formerly out. a Land<br />

Development Speaking about Manager the for needs Tauranga of local<br />

City property Council, owners so knows and developers, the region Alan<br />

and Wilkinson the regulatory said, “Tauranga processes inside and the<br />

and Bay out. of Plenty continue to experience<br />

strong<br />

Speaking<br />

population<br />

about the<br />

growth,<br />

needs of<br />

with<br />

local<br />

the<br />

property<br />

Bay of Plenty<br />

owners<br />

positioned<br />

and developers,<br />

as the<br />

Alan<br />

third<br />

fastest growing region in the country.<br />

Wilkinson said, “Tauranga and the<br />

“Local landowners are looking to<br />

Bay<br />

capitalise<br />

of Plenty<br />

on<br />

continue<br />

their property<br />

to experience<br />

investment<br />

by population increasing growth, built development<br />

with the<br />

strong<br />

Bay or by of Plenty subdivision, positioned and as property the third developers<br />

growing are opening region in up the new country. estates<br />

fastest<br />

to accommodate “Local landowners the demand are looking for residential<br />

capitalise and on commercial their property lots. This<br />

to<br />

investment has resulted by in increasing a steady increase built over<br />

development the last five years or by in subdivision, resource consent and<br />

property applications, developers title conversions, are opening and<br />

up land new development estates to accommodate projects across the<br />

the region. demand for residential and<br />

commercial<br />

“Local clients<br />

lots.<br />

are looking for local<br />

knowledge<br />

This has resulted<br />

to help<br />

in<br />

them<br />

a steady<br />

navigate<br />

council development application processes<br />

and title submissions.<br />

increase over the last five years in<br />

resource<br />

“That’s<br />

consent<br />

where<br />

applications,<br />

CKL comes<br />

title<br />

in.<br />

conversions, Whether it’s and for land a residential development subdivision<br />

across or the the creation region. of a new<br />

projects<br />

community, “Local clients we are looking able to for provide local<br />

knowledge end-to-end to planning, help them surveying, navigate engineering<br />

development and environmental application consulting<br />

council<br />

processes. services,” That’s added where Wilkinson. CKL comes<br />

in. Whether Able to it draw is for on a residential the collective<br />

subdivision knowledge and or the expertise creation of of over a new 100<br />

community, employees across we are able 4 offices, to provide clients<br />

end-to-end have full access planning, to a team surveying, of planners,<br />

engineering<br />

surveyors, and<br />

and environmental<br />

civil, transportation<br />

consulting<br />

and environmental<br />

services,”<br />

engineers<br />

added<br />

to fulfil<br />

all of their land development needs.<br />

Wilkinson.<br />

Alan Wilkinson, CKL Tauranga Branch Manager<br />

and Mark Batchelor, CKL Tauranga Planning Manager.<br />

Alan Wilkinson, Tauranga Branch Manager and<br />

Able Mark to Batchelor, draw on the CKL collective Tauranga Planning conversions,” Manager. said Mark Batchelor.<br />

knowledge and expertise of over 100 “When people come to CKL,<br />

employees<br />

“The benefit<br />

across<br />

of<br />

4<br />

working<br />

offices, clients<br />

with CKL<br />

we<br />

provides<br />

take the<br />

housing<br />

time to<br />

and<br />

sit with<br />

income<br />

them<br />

for the<br />

have is our full local access knowledge to a team of and planners, experience<br />

navigating and civil, council transportation processes for goals, to create and parcels to help them of land create to a be sold<br />

to family understand for generations their needs, to their come, or<br />

surveyors,<br />

and development environmental applications engineers and to fulfil title vision off and for developed their land. It for could commercial be to<br />

all submissions,” of their land said development Mark Batchelor. needs. create purposes. an environment that provides<br />

“The “When benefit people of working come to with CKL, we housing “Whatever and income the need, for the we family consider<br />

CKL take is the our time local to knowledge sit with them and to understand<br />

their navigating needs, their goals, and parcels ment, and of land the to future. be sold We off are and just as<br />

for the generations client, the to surrounding come, or to environ-<br />

create<br />

experience<br />

council to help processes them create for a vision for their developed committed for to commercial protecting purposes. the beauty<br />

development<br />

land. It could be<br />

and sustainability “Whatever the of need, this region we as our<br />

applications to create an<br />

clients,” consider added the client, Batchelor. the<br />

and<br />

environment<br />

that<br />

how a development may<br />

title<br />

surrounding<br />

CKL is always<br />

environment,<br />

mindful of<br />

and the future. We are<br />

impact, and be influenced<br />

by<br />

just<br />

the<br />

as committed<br />

surrounding<br />

to<br />

environment,<br />

protecting<br />

and<br />

the<br />

is<br />

beauty<br />

committed<br />

and to sustainability ensuring precious<br />

land of this and region resources as are<br />

cared our clients,” for and added protected<br />

for Batchelor. future generations to<br />

enjoy. CKL is always<br />

mindful Many of how CKL’s a land<br />

Alan Wilkinson development project may impact, incorporate<br />

and be flood influenced and stormwater by the<br />

management surrounding plans environment, and stormwater<br />

and is treatment committed and to ensuring management<br />

precious land and resources are<br />

cared for and protected for future<br />

generations to enjoy.<br />

Many of CKL’s land development<br />

Tauranga Office<br />

Tauranga Office<br />

Level 1, 73 Spring Street, Tauranga<br />

projects incorporate flood and<br />

stormwater management plans<br />

and<br />

systems.<br />

stormwater<br />

This may<br />

treatment<br />

include<br />

and<br />

stormwater<br />

ponds, wetland systems. reserves, This may bio de-<br />

management<br />

include tention stormwater devices, filtration ponds, wetland trenches.<br />

reserves, The goal bio is detention to create devices, beautiful, sustainable,<br />

filtration communities trenches. The that goal enhance is<br />

or<br />

to the create quality attractive, of life for sustainable, residents and is<br />

communities an environment that where enhance people the love to<br />

quality live. of life for residents and is an<br />

environment “If you are where looking people to love subdivide<br />

to your live. property or want advice on a<br />

development, “If you are looking we will to help subdivide you understand<br />

your property<br />

what you<br />

or<br />

can<br />

want<br />

achieve<br />

advice on<br />

in terms<br />

of the best subdivision solution for<br />

a development, we will help you<br />

your property,” said Wilkinson.<br />

understand<br />

“No matter<br />

what<br />

the<br />

you<br />

size<br />

can<br />

or<br />

achieve<br />

scale of the<br />

in<br />

land<br />

terms<br />

development<br />

of the best subdivision<br />

project, we will<br />

solution show you for how your to property,” maximise said development<br />

potential, “No and matter guide the you size through or<br />

Wilkinson.<br />

scale the process of the land of resource development consent project, application<br />

will and show title you conversion.” how to maximise<br />

we<br />

development The CKL potential, office is located and guide at Level you<br />

through 1, 73 Spring the process. St Tauranga.<br />

The Call CKL Alan office on 07 is located 262 2282 at Level to discuss<br />

73 Spring your Street, development Tauranga needs, and or<br />

1,<br />

will when be business officially resumes, opened at call an event in to the<br />

in office. March.<br />

Feel free to drop in to CKL to chat<br />

with Alan about your development<br />

needs, or call him on<br />

07 262 2282.<br />

Level 1, 73 Spring Street, Tauranga<br />

CKL Director team: (Back L-R) Bevan Houlbrooke, Geoff Webster,<br />

Bronwyn Rhynd. (Seated) Mark Gilberd, Campbell Burrows.<br />

CKL Director team: (Back L-R) Bevan Houlbrooke, Geoff Webster,<br />

Bronwyn Rhynd (Seated) Mark Gilberd, Campbell Burrows.<br />

auckland@ckl.co.nz<br />

Tel 09 524 7029<br />

hamilton@ckl.co.nz<br />

Tel 07 849 9921


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 9<br />

Add value to your property by converting<br />

your cross lease to to a a fee-simple title<br />

For many many New New Zealanders Zealanders questioning questioning the value the<br />

or value purpose or purpose of their existing of their cross existing lease property cross<br />

title, lease there property is an alternative title, there ownership is an structure alternative<br />

available to you which offers more flexibility and<br />

ownership structure available to you which<br />

freedom – a fee-simple title.<br />

offers more flexibility and freedom – a feesimple<br />

title.<br />

Cross lease ownership places<br />

certain restrictions on each<br />

owner in relation to the improvements<br />

or alterations they may<br />

Cross lease ownership places<br />

wish to<br />

certain<br />

undertake<br />

restrictions<br />

on their<br />

on<br />

property<br />

each<br />

and requires owner you in relation to obtain to the written<br />

approval improvements from or the alterations other cross they lease may<br />

owner wish to or undertake owners. It on could their be property as simple<br />

and as requires adding you a deck, to obtain erecting written a carport,<br />

approval or building from the a other pergola cross near lease the<br />

BBQ. owner or owners. It could be as simple<br />

as adding A fee-simple a deck, erecting title provides a carport, you or<br />

with building significant a pergola benefits near the BBQ. when it<br />

comes A fee-simple to selling title or developing provides you your<br />

property with significant as you benefits have full when ownership it comes<br />

of to the selling land. or developing your property<br />

as you<br />

In fact,<br />

have<br />

the<br />

full<br />

Property<br />

ownership<br />

Institute<br />

of the<br />

of<br />

New Zealand estimates homeowners<br />

of fee-simple title properties may<br />

land. In fact, the Property Institute of<br />

achieve<br />

New Zealand<br />

a sale<br />

estimates<br />

price of<br />

homeowners<br />

7 to 18 per<br />

cent of fee-simple above that title of properties a cross lease may title.<br />

achieve a sale price of 7 to 18 percent<br />

above that of a cross lease title. This<br />

This increase in value may be due<br />

to the greater potential for development<br />

opportunities, and also to the<br />

increase in value may be due to the<br />

fact that many New Zealanders prefer<br />

greater<br />

a full<br />

potential<br />

ownership<br />

for<br />

structure.<br />

development<br />

opportunities, There is also and a also perception to the fact that<br />

cross that many leases New can Zealanders be complicated, prefer deterring<br />

a full ownership potential buyers structure. and There limiting is<br />

the also buyer a perception market. that cross leases can<br />

be Many complicated, property deterring owners potential are opting<br />

buyers to convert and limiting a cross the lease buyer title market. to a<br />

fee-simple Many property structure owners in order are to opting make<br />

it to easier convert to sell a cross their lease property, title to a with fee-simple<br />

to recouping structure in the order cost to of make the title<br />

conversion easier to sell with their an property, increased with sales a<br />

view<br />

figure. view to recouping the cost of the title<br />

conversion<br />

If you currently<br />

with an<br />

own<br />

increased<br />

a cross<br />

sales<br />

lease<br />

property and would like to realise the<br />

figure.<br />

benefits of converting to a fee-simple<br />

ownership<br />

If you currently<br />

structure,<br />

own<br />

CKL cross<br />

can<br />

lease<br />

help<br />

you. property and would like to realise the<br />

benefits of converting to a fee-simple<br />

ownership structure, CKL can help<br />

you. We We will will review review the the title title and survey<br />

survey the the existing existing property and advise<br />

advise you you on on planning, consenting,<br />

and and engineering works which may may<br />

be be required, as well as as manage the the<br />

consenting process and and council council<br />

applications.<br />

In In some some cases cases where shared driveways<br />

driveways are in are place, in place, it may it may be be necessary<br />

necessary to bring to the bring property the property up to standards<br />

up<br />

to standards<br />

required<br />

required<br />

by today’s<br />

by today’s<br />

laws.<br />

This could vary in scale, from laying<br />

new sewer pipes, to upgrading a<br />

laws. This could vary in scale, from<br />

wall<br />

laying<br />

that<br />

new<br />

separates<br />

sewer pipes,<br />

two properties<br />

to upgrading<br />

and<br />

replacing a wall that it separates with a fire-proofed two properties wall<br />

in and line replacing with council it with regulations. a fire-proofed<br />

wall The in value line with in having council CKL regulations. as your<br />

development The value in partner having CKL comes as into your play<br />

here development as our team partner of surveyors, comes into planners<br />

play and here engineers as our team liaise of surveyors, with Council<br />

planners to find and solutions engineers to liaise any with tricky<br />

problems Council or to find situations. solutions to any tricky<br />

problems CKL has or situations. experience with hundreds<br />

CKL of title has conversions.<br />

experience with<br />

hundreds If you are of title interested conversions. in learning If<br />

more<br />

you are<br />

about<br />

interested<br />

unlocking<br />

in learning<br />

the development<br />

potential of your property, con-<br />

more<br />

about unlocking the development<br />

tact Alan Wilkinson in the CKL Tauranga<br />

potential<br />

office<br />

of<br />

on<br />

your<br />

07<br />

property,<br />

262 2282<br />

contact<br />

or email<br />

tauranga@ckl.co.nz<br />

Alan Wilkinson in the CKL Tauranga<br />

office on (07) 262 2282 or email<br />

tauranga@ckl.co.nz<br />

tauranga@ckl.co.nz<br />

Tel 07 262 2282<br />

teawamutu@ckl.co.nz<br />

Tel 07 871 6144<br />

www.ckl.co.nz


10 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

COVID-19<br />

Logging has taken a big hit from Covid-19. Photo/Supplied.<br />

Corona virus begins to bite in the Bay<br />

The latest statistics on New Zealand’s trade data are stark evidence<br />

of the immediate impact Covid-19 has had upon this country’s<br />

trading position, even before the government’s lockdown.<br />

(See our accompanying Special Focus on pages 11-14 for<br />

guidance on approaches to help deal with the impact of Covid-19.)<br />

By RICHARD RENNIE<br />

The virus initially put the<br />

brakes on Bay of Plenty<br />

tourism, which has seen<br />

major job losses, along with<br />

the events and hospitality<br />

industries.<br />

Key Bay export forestry<br />

was also an early casualty and<br />

quickly felt the impact as logs<br />

stockpiled and wharf space ran<br />

short in Chinese ports. However,<br />

the kiwifruit industry at<br />

time of writing seemed likely<br />

to be relatively unscathed.<br />

Released in early March,<br />

Statistics NZ data indicates<br />

all New Zealand’s exports to<br />

China for the January 27-February<br />

23 period were down<br />

eight percent compared to that<br />

same period in 2019.<br />

Logs and meat were the<br />

biggest victims, with meat<br />

free-falling to half last year’s<br />

amounts, while forestry exports<br />

mainly in the form of<br />

logs fell to about 1.2 million<br />

tonnes, compared to 1.3 million<br />

in 2019.<br />

Forestry products by value<br />

plummeted by $70 million<br />

from $250 million to $180<br />

million.<br />

The Bay of Plenty is the<br />

crown in the national forest estate,<br />

accounting for 400,000ha<br />

or 29 percent of the iwi land<br />

resource.<br />

The impact of the extended<br />

Chinese New Year as a result<br />

of Covid-19 was felt relatively<br />

quickly at the shore side end of<br />

log exports.<br />

Port signals lowered<br />

profits<br />

Port of Tauranga, the country’s<br />

largest log export outlet,<br />

had already reported a decline<br />

of eight percent in log volumes<br />

at the end of its first six<br />

months to December 31, due to<br />

the slump in log prices that hit<br />

home in August.<br />

The port has reduced its<br />

full year profit guidance due<br />

to Covid-19’s impact on log<br />

volumes, with revised full year<br />

profit now expected to be $94-<br />

$99 million compared to the<br />

previous $96-$110 million.<br />

Prue Younger, chief executive<br />

of the Forest Industry<br />

Contractors Association has<br />

welcomed the government’s<br />

announcement of regional<br />

support for forestry through a<br />

relief package.<br />

Some operators have been<br />

shut down for weeks and more<br />

were expected, she said.<br />

“Wharf space has only got<br />

tighter, and even if China got<br />

back to business as usual now,<br />

it will be three to four months<br />

until ports have released<br />

enough stock for operators to<br />

feel confident about putting<br />

logs on the water.”<br />

Fortunately, the Rotorua<br />

region is a key supplier for<br />

higher grade domestic supply<br />

for timber used in New Zealand<br />

houses and for packing<br />

processes.<br />

In contrast the East Coast<br />

region exports almost all its<br />

harvested logs.<br />

However, even in the Rotorua<br />

district, in order to harvest<br />

the higher quality content<br />

of the tree, lower grade export<br />

logs are the inevitable result.<br />

Ross Davis, chairman of<br />

the Forest Industry Contractors<br />

Association says this makes it<br />

complex to calculate the full<br />

impact of the virus on local<br />

logging operators’ incomes.<br />

“You have to chop the tree<br />

down in order to get the quality<br />

timber, but that [also] generates<br />

the poorer quality log. For<br />

most operators it has meant<br />

they are still working, but<br />

sometimes on reduced hours,<br />

and if you are not earning as<br />

much, you are not spending as<br />

much.”<br />

Times are tightening<br />

As a result he is already getting<br />

reports of forestry supply businesses,<br />

most which are based<br />

in Rotorua, facing tighter<br />

times.<br />

Brent Whitby, chief executive<br />

of Patchell Industries in<br />

Rotorua, which manufactures<br />

logging trailers and weigh<br />

systems, said the effects were<br />

starting to bite.<br />

“We have clients all over<br />

New Zealand, and it hit the<br />

likes of Gisborne early on,<br />

with operators losing work and<br />

being laid off. We now have<br />

customers we have completed<br />

work for who can’t uplift it, or<br />

with equipment ordered that<br />

they have asked to have put on<br />

hold.”<br />

Port activity is down, but key overseas export markets are still open. Photo/Supplied.<br />

New Zealand exporters have no-where<br />

else to send the industrial grade logs they<br />

harvest, but this is starting to change.”<br />

– Peter Weir<br />

“And on the other side we<br />

are monitoring very closely the<br />

delivery of all the supplies we<br />

use from overseas, things like<br />

tyres.”<br />

Whitby said he was surprised<br />

at the rapidity of Covid-<br />

19’s impact and expected<br />

things will get worse before<br />

getting better as backlogs of<br />

goods and demand for them<br />

grew into <strong>April</strong> and <strong>May</strong>.<br />

Scott Downs, director of<br />

sales for Rotorua based forestry<br />

company PF Olsen said<br />

in his latest update that log inventories<br />

on Chinese wharves<br />

was rising at a rate of 35,000<br />

cubic meters a day.<br />

He expects that to continue<br />

until China’s production gets<br />

fully back on its feet.<br />

Nowhere else to go<br />

“Many Chinese sawmills are<br />

yet to get back to work,” said<br />

Peter Weir, president of the<br />

Forest Owners Association.<br />

“New Zealand exporters<br />

have no-where else to send<br />

the industrial grade logs they<br />

harvest, but this is starting to<br />

change. More domestic mills<br />

are accepting reallocated export<br />

logs of poorer quality.<br />

“And there is still good demand<br />

in the region from the<br />

big players like Red Stag, and<br />

Oji’s two mills at Kawerau and<br />

Kinleith.”<br />

Logging smaller farm<br />

woodlots has ceased as association<br />

members do what they<br />

can to retain skilled labour by<br />

sending better logs to domestic<br />

sawmills to make up for the<br />

shortfall.<br />

Work hours are also being<br />

maintained by continuing to<br />

invest in silvicultural work<br />

including pruning, thinning<br />

and preparation of land for replanting<br />

from winter through<br />

to spring.<br />

But Weir cautions that it<br />

may be some months before<br />

markets recover fully from<br />

the sharp impact of Covid-19<br />

virus.<br />

He said members were<br />

not looking for handouts, but<br />

sought some equitable ways<br />

for working with government<br />

to assist various harvesting<br />

crews.<br />

“They are the ones who<br />

need help.”


SPECIAL FOCUS – COVID-19<br />

<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 11<br />

meeting the challenges<br />

of working<br />

from home<br />

These are challenging times as we all<br />

struggle to come to terms with the deaths<br />

and the ongoing mental, physical and<br />

financial stresses that our families and<br />

colleagues may yet suffer.<br />

With the spread of<br />

Covid-19, remote<br />

work is suddenly<br />

an overnight requirement for<br />

many.<br />

It is realistic to assume that<br />

shifting to the “home office”<br />

will become the new normal<br />

for many of us for some time.<br />

We are being forced into the<br />

world’s largest work from<br />

home (WFH) experiment. And<br />

it may not be easy for many<br />

to implement in a short time<br />

frame.<br />

According to a 2019 merchantsavvy<br />

global survey,<br />

61 percent of companies currently<br />

have some sort of remote<br />

working policy for their<br />

staff, but not necessarily the<br />

data and IT policies to match<br />

this.<br />

HR and health and safety<br />

requirements aside, the biggest<br />

challenge may stem from the<br />

lack of technology infrastructure<br />

and lack of comfort with<br />

new ways of working.<br />

This may not be an option<br />

for everybody due to home<br />

lives, work types and activities.<br />

And some may be engaging<br />

in WFH for the first time,<br />

which means figuring out how<br />

to stay on task in a new environment<br />

that may not lend itself<br />

to productivity.<br />

So what are the key<br />

considerations?<br />

The workspace<br />

Having a dedicated space at<br />

home helps. It is best to put on<br />

work clothes and set up a desk,<br />

or location that is not the sofa,<br />

kitchen bench or bedroom.<br />

This also advises those living<br />

with you that “I am now<br />

at work”. A desk and comfortable<br />

office chair are desirable.<br />

Two or three monitors<br />

will offer more productivity<br />

than one screen. And for those<br />

using laptops I’d recommend<br />

mice and keyboards with a<br />

docking station.<br />

Printing<br />

You will no longer have the use<br />

of the office scanner / printer,<br />

and this may be a requirement.<br />

Connectivity<br />

Where possible, an uncapped<br />

high speed internet connection<br />

is desirable. A backup 4G<br />

router can also be supplied to<br />

separate work from streaming<br />

TV.<br />

• Phones. Divert phone systems<br />

to mobiles or if you<br />

have a VOIP phone system,<br />

it is easy to take the office /<br />

desk phone and plug it in at<br />

home. With some systems,<br />

an app can be downloaded<br />

to your mobile phone allowing<br />

you to also make<br />

and receive calls from your<br />

office number.<br />

• Remote access: A VPN<br />

(virtual private network)<br />

customised and connected<br />

to your office environment<br />

is one of the better, most secure<br />

options. Team Viewer<br />

and netconnect are less<br />

secure, cheaper options.<br />

Windows has Remote<br />

Desktop (RD), and Apple<br />

RD is built into the operating<br />

system.<br />

File sharing<br />

File sharing options like google<br />

drive, one drive, dropbox,<br />

etc are handy to save “dialing”<br />

into the office. These can also<br />

be used to collaborate and<br />

share, and make sure you follow<br />

the rule of not emailing<br />

anything over 8mb.<br />

Infrastructure and<br />

security<br />

Don’t overlook security. One<br />

of the problems with distributed<br />

workforces is that remote<br />

workers are prime targets<br />

for those wishing to exploit<br />

vulnerabilities.<br />

This is obviously a concern<br />

when dealing with sensitive<br />

data, proprietary information,<br />

and contracts.<br />

• Password hygiene: Strong,<br />

frequently updated passwords<br />

protect businesses.<br />

Do not use the same password<br />

across multiple applications.<br />

(check out lastpass,<br />

keepass, passportal<br />

for password control and<br />

single sign on options )<br />

If the company owns the<br />

device, then it should ensure it<br />

is properly protected with upto-date<br />

antivirus, monitoring,<br />

remote access agents, device<br />

encryption, and firewalls.<br />

Cyber security policies<br />

should designate which devices<br />

can be used for which<br />

kinds of business activity. If<br />

you are providing your own<br />

equipment be mindful of company<br />

security policies. Multifactor<br />

and 2Factor authentication<br />

is a must.<br />

Communications and<br />

meetings<br />

WFH success depends heavily<br />

on whether you trust employees<br />

to do their work, even if<br />

you can’t see them.<br />

Focus on performance<br />

outcomes and productivity<br />

reviews.<br />

Set accurate expectations<br />

with employees and enable<br />

supportive interactions. WFH<br />

can feel unstructured, so have<br />

clear-set expectations for communications<br />

day to day.<br />

Time management tools<br />

like Timely, Toggle, everhour<br />

TECH TALK<br />

> BY TONY SNOW<br />

Tony Snow is chief executive and co-founder of Stratus Blue.<br />

He can be contacted at tony@stratusblue.co.nz.<br />

and focus applications like pomodoro<br />

can assist.<br />

Communication and instant<br />

messaging tools like Teams,<br />

Zoom, Slack, mattermost, google<br />

hangouts, discord, facebook<br />

and whatsapp, can keep<br />

the office banter and communications<br />

going.<br />

Headsets with boom mikes<br />

and noise cancellations are a<br />

good option when using these.<br />

• Maintain as much faceto-face<br />

interaction online<br />

as possible – especially to<br />

those employees who live<br />

alone and might feel more<br />

isolated.<br />

Get ready for the<br />

remote-work future<br />

This vast remote-work<br />

experiment is also a great opportunity<br />

to prepare for the<br />

future.<br />

According to recent Gartner<br />

research:<br />

• By 2030, the demand for<br />

remote work will increase<br />

by 30 percent due to Generation<br />

Z fully entering the<br />

workforce.<br />

• 64 percent of today’s professionals<br />

say they could<br />

work anywhere and remote<br />

work policies are common<br />

(in place at 71 percent of<br />

organisations).<br />

The mandatory current use<br />

of remote work for business<br />

continuity signals that it’s<br />

time to revisit remote working<br />

policies.<br />

And to redesign them for<br />

wider application when business<br />

defines what our new normal<br />

will be.<br />

WE’RE HERE TO ASSIST<br />

CALL US ON<br />

07 777 0010<br />

assist@stratusblue.co.nz<br />

stratusblue.co.nz<br />

He waka eke noa<br />

We’re all in this together<br />

Providing CORE technology<br />

platforms that Bay of Plenty<br />

businesses can rely on.<br />

Our COVID-19 response is simply<br />

to assist in keeping your business enabled<br />

anytime, anywhere.


12 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

SPECIAL FOCUS – COVID-19<br />

Looking to the longer-term recovery<br />

Covid-19 is an extraordinary situation that<br />

has shocked the world’s economy. There<br />

is a lot of anxiety amongst the business<br />

community because businesses like certainty<br />

and there are a lot of uncertainties as the<br />

situation is constantly changing.<br />

COMMENT<br />

By MATT COWLEY<br />

Many tourism, venues,<br />

and entertainment operators<br />

had the rug<br />

pulled from underneath them<br />

on with bookings immediately<br />

cancelled. Tourism operators<br />

who are reliant on cruise passengers<br />

have already made<br />

up to 90 percent of their staff<br />

redundant. Tourism is at the<br />

coal face of border restrictions,<br />

and the tourism economy is<br />

our biggest export earner and<br />

impacts many businesses in a<br />

variety of ways.<br />

Businesses are having to<br />

quickly change the way they<br />

operate. Some businesses have<br />

too many staff for their declining<br />

sales, while other businesses<br />

have a massive shortage<br />

of staff (e.g. supermarkets, deliveries,<br />

kiwifruit, the banking<br />

sector).<br />

Businesses can also have<br />

anxiety as they may have significant<br />

mortgages after recent<br />

capital expansion in anticipation<br />

of growth. This was an<br />

economic black swan event<br />

that has taken the world by surprise.<br />

Few people anticipated<br />

it would reach these levels of<br />

economic restrictions.<br />

Exports still moving<br />

The economic lifelines are that<br />

our local exporters are still getting<br />

their shipments to overseas<br />

markets.<br />

Our government has also<br />

invested wisely, following the<br />

economic disruptions over the<br />

past two decades.<br />

The Reserve Bank of NZ<br />

also has a lot of tools in its<br />

arsenal, and they are working<br />

with NZ’s banks, who are<br />

self-interested in having the<br />

economy moving again.<br />

The Tauranga Chamber is<br />

working with Tourism BOP,<br />

Priority One and other business<br />

associations to help connect<br />

people and encourage locals to<br />

continue to support local businesses.<br />

It is in everyone’s best<br />

interests to have as many people<br />

employed and in business<br />

as possible to keep cash moving<br />

through our local economy.<br />

We are encouraging local<br />

residents to support local<br />

businesses by either ordering<br />

online or having kerbside pickups.<br />

We are also encouraging<br />

locals to buy gift cards to use<br />

at a later date as well as sharing<br />

and supporting their favourite<br />

local business on social media.<br />

The Chamber is also looking<br />

to use our different networks<br />

to help promote people<br />

to visit local businesses during<br />

the recovery.<br />

It is challenging for businesses<br />

to ramp down their<br />

business at short notice. But it<br />

will also be a challenge to ramp<br />

it back up quickly once the recovery<br />

has begun.<br />

The Chamber’s business<br />

advisors are on hand to offer<br />

Matt Cowley is the chief<br />

executive of the Chamber of<br />

Commerce Tauranga Region<br />

Inc.<br />

help to businesses during the<br />

initial downturn, as well as<br />

during the long-term recovery.<br />

(NB: the one month lockdown<br />

kicked in just as BOP<br />

Business News went to print)<br />

The Tauranga Chamber<br />

of Commerce is expanding<br />

its resources to<br />

help businesses affected by<br />

Covid-19. Additional funding<br />

has been provided by the<br />

government to the Regional<br />

Business Partnership Network<br />

(RBP) nationwide.<br />

The Bay of Plenty region<br />

received funding for<br />

an additional three full-time<br />

Growth Advisors to support<br />

businesses, boosting the existing<br />

four advisors already<br />

New Zealand’s kiwifruit harvest has begun to move to overseas markets. Photo/Zespri.<br />

Increased support is available<br />

working here. The advisors<br />

are being shared across Tauranga<br />

Chamber of Commerce,<br />

Eastern Bay of Plenty<br />

Chamber of Commerce and<br />

Rotorua Business Chamber,<br />

as well as Poutama Trust,<br />

which will receive a Growth<br />

Advisor to boost support for<br />

Māori business networks and<br />

owners.<br />

Businesses can contact<br />

the Biz Hub helpline to arrange<br />

a meeting (one-to-one<br />

or digitally), free of charge,<br />

with one of the Growth Advisors<br />

to discuss how they are<br />

affected by COVID-19 and<br />

what support they need.<br />

Tauranga Chamber of<br />

Commerce chief executive<br />

Matt Cowley said there was so<br />

much information available it<br />

could be overwhelming.<br />

“We want the business<br />

community to know they<br />

have somewhere to turn to for<br />

guidance and that they can<br />

walk away from their session<br />

with a Growth Advisor with<br />

a renewed level of confidence<br />

and support.”<br />

If you are a business<br />

based in the Western Bay of<br />

Plenty, and you want to gain<br />

free business support from<br />

a Growth Advisor, please<br />

contact the Tauranga Chamber<br />

of Commerce on info@<br />

tauranga.org.nz or 0800 BIZ<br />

HUB (0800 249 482).<br />

If you are a business based<br />

in Eastern or Central Bay of<br />

Plenty, please contact 07 346<br />

3657.<br />

Positivity and good information crucial<br />

March has certainly been interesting month.<br />

In the Bay we’ve gone from being flat out,<br />

with concerns about how we’ll cope with<br />

growth, to staring at an impending recession.<br />

COMMENT<br />

By NIGEL TUTT<br />

The speed of the Covid-<br />

19 crisis and associated<br />

economic downturn has<br />

been rapid.<br />

It’s very hard to see how<br />

long and severe a downturn<br />

might be. Media and economists<br />

tend to favour the more<br />

negative end of the spectrum.<br />

Adopting a local view is important<br />

alongside understanding<br />

the national and global<br />

impacts.<br />

In the Western Bay, we<br />

came into this downturn in<br />

pretty good shape. Our economy<br />

was probably the strongest<br />

in New Zealand, with low<br />

unemployment, rising income<br />

levels and strong business and<br />

economic growth.<br />

Covid-19 has had some immediate<br />

and strong effects on<br />

our local businesses, particularly<br />

tourism and hospitality<br />

– due to border controls and<br />

social distancing. The effect<br />

on some of these businesses<br />

has unfortunately been severe<br />

and will get much worse now<br />

we are going into community<br />

lockdown<br />

While it is troubling and<br />

very uncertain, this situation<br />

feels different than our last recession,<br />

the Global Financial<br />

Crisis. Right now we’re dealing<br />

with the effects of a health<br />

crisis and its associated economic<br />

fallout.<br />

The economy should<br />

spring back<br />

The structure of the world<br />

economy is in a very different<br />

place to what led to the GFC.<br />

When the health crisis is eventually<br />

solved or mitigated, the<br />

economy should be able to<br />

spring back.<br />

We are also fortunate that<br />

the New Zealand economy<br />

is in good shape to combat<br />

the economic effects of this<br />

problem.<br />

On the flipside, the lockdown<br />

could create economic<br />

damage of a level we haven’t<br />

seen before, and we don’t<br />

know how long the after-effects<br />

of that would last.<br />

In the Western Bay we<br />

are so far fortunate that our<br />

Positivity is important in these times, as<br />

well as good information, so let’s try to keep<br />

a good perspective on the situation in the<br />

coming months.”<br />

key industries (construction,<br />

distribution / logistics, manufacturing,<br />

healthcare and horticulture)<br />

are not structurally<br />

affected right now.<br />

While businesses in these<br />

sectors have concerns, in general<br />

the fundamentals remain<br />

stable.<br />

Markets remain open for<br />

Nigel Tutt is the chief executive<br />

of Tauranga EDA Priority<br />

One<br />

our exported goods and trading<br />

conditions at the time of<br />

writing are close to normal for<br />

most businesses.<br />

While I’ve painted a picture<br />

that’s perhaps not as bad as we<br />

see in mainstream media, there<br />

are certainly big risks ahead of<br />

us: labour supply will likely<br />

be a problem in horticulture<br />

(although that may be good if<br />

workers from other industries<br />

need employment), we would<br />

be at risk if access to markets<br />

for our exports was restricted,<br />

and consumer / business confidence<br />

will be reduced, which<br />

will have an effect on demand<br />

for most industries.<br />

The ability to get people to<br />

and from productive work will<br />

be a big determinant of economic<br />

outcomes.<br />

So while this is a shock and<br />

a very difficult time for some,<br />

it doesn’t look like the end of<br />

the world yet. Positivity is important<br />

in these times, as well<br />

as good information, so let’s<br />

try to keep a good perspective<br />

on the situation in the coming<br />

months.


SPECIAL FOCUS – COVID-19<br />

<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 13<br />

Italian lessons for<br />

Covid-19 kiwifruit<br />

harvest<br />

The Italian experience with the Covid-19 pandemic is providing<br />

some valuable lessons for kiwifruit processors in the Bay of Plenty as<br />

they grapple with harvesting a record crop under strict bio-security<br />

protocols.<br />

By RICHARD RENNIE<br />

Kiwifruit orchardists and<br />

packhouses had already<br />

been scrambling to reorganise<br />

staffing rosters in<br />

March after the shock impact<br />

of border closures resulted in<br />

the Bay losing over half the<br />

overseas staff it expected for<br />

this year’s bumper kiwifruit<br />

harvest.<br />

The announcement that no<br />

foreigners would be allowed<br />

into New Zealand meant 1300<br />

Recognised Seasonal Employer<br />

(RSE) staff were locked<br />

out until the ban has been<br />

lifted.<br />

Apata chief executive Stu<br />

Weston said he and his colleagues<br />

have had several conference<br />

calls with their peers<br />

in Northern Italy about the best<br />

ways to re-configure packhouses,<br />

maintaining a safe distance<br />

between staff while also<br />

continuing to process and pack<br />

fruit effectively.<br />

Italian fruit processors are<br />

at a low ebb for kiwifruit now,<br />

but often also process other<br />

fruit in the same facilities and<br />

have managed to continue to<br />

do so with Covid-19, which<br />

has hit Italy especially hard.<br />

“We have also had a lot of<br />

assistance from Zespri who<br />

have us bulk packing first,<br />

which is less labour intensive<br />

compared to the layered packing<br />

process,” said Weston.<br />

“We have erected barriers<br />

around packhouses to separate<br />

people. The key challenge is<br />

really around smoko rooms<br />

where people congregate and<br />

with high touch surfaces.”<br />

Essential business<br />

The kiwifruit sector has been<br />

classed as an “essential” business<br />

and with that all contractors<br />

and post-harvest operators<br />

have to register with Ministry<br />

for Primary Industries.<br />

That includes producing a<br />

full risk management outline<br />

on how they intend to manage<br />

“We have found<br />

growers have been<br />

very understanding,<br />

but we expect we<br />

may even see a<br />

smoother harvest<br />

curve this year as<br />

they accommodate<br />

our needs.”<br />

– Nikki Johnson<br />

staff from getting infected, and<br />

reporting infections.<br />

“But apart from operations,<br />

it is about managing staff<br />

head space in this situation<br />

and keeping them safe,” aid<br />

Weston.<br />

“There is cash to be earned<br />

here and jobs to be had for<br />

months to come. Those that<br />

want to stay home and watch<br />

NetFlix will. We have not seen<br />

that yet, but we are cognisant<br />

of that risk.”<br />

NZ Kiwifruit Growers Incorporated<br />

chief executive<br />

Nikki Johnson acknowledged<br />

there had been feedback about<br />

potential staff questioning<br />

their safety on the job, should<br />

they choose to work.<br />

One possibility mooted was<br />

allowing new staff in this and<br />

other essential businesses to be<br />

granted any government payment<br />

for loss of their earlier<br />

job, and keep the amount earnt<br />

conducting the essential role.<br />

A short pause was called<br />

to harvest after the PM announced<br />

the lockdown intention,<br />

but it was due to ramp up<br />

although not at the same pace<br />

as pre-Covid-19.<br />

“It is still very early in the<br />

harvest season.<br />

“We have found growers<br />

have been very understanding,<br />

but we expect we may even<br />

see a smoother harvest curve<br />

this year as they accommodate<br />

our needs.<br />

“We may see a more even<br />

five week peak, rather than that<br />

three week peak.”<br />

Meantime market prospects<br />

are still highly positive for<br />

New Zealand kiwifruit.<br />

2degrees confirms its<br />

support of customers<br />

2degrees has outlined its approach to customer<br />

care in response to the impacts of Covid-19.<br />

CEO Mark Aue reassured<br />

customers that its mobile<br />

and broadband networks are<br />

working well, and that the national<br />

operator is very confident in its capacity<br />

to manage extra demand.<br />

“We know these are unprecedented<br />

and uncertain times for<br />

our customers, but we don’t want<br />

them to worry about but staying<br />

connected.<br />

“My message to all 2degrees<br />

customers today is simple, we will<br />

do the right thing by you,” said<br />

Mark Aue.<br />

Details for 2degrees customers<br />

are as follows:<br />

• Data caps removed: 96% of<br />

2degrees broadband customers<br />

are on unlimited data plans already.<br />

For those who aren’t we<br />

have removed data caps until<br />

the end of June <strong>2020</strong> (date will<br />

be reviewed ongoing). This applied<br />

to all home and business<br />

customers on 20 March <strong>2020</strong>.<br />

• Hardship: if Covid-19 causes<br />

financial hardship to any 2degrees’<br />

customers, the company<br />

will try to keep you connected<br />

during the Alert Level 4 period,<br />

waive any late payment<br />

fees and work with you through<br />

these trying Alert Level 4 times.<br />

FOR KIWI <strong>BUSINESS</strong><br />

People are phoning each other<br />

more than ever, and there has been<br />

some congestion industry wide for<br />

voice calls.<br />

Mark asked people who can to<br />

use the calling features on apps<br />

such as FaceTime, WhatsApp,<br />

Viber and the like, to free up capacity<br />

for people who only use<br />

calling.<br />

Mark stressed that the industry<br />

is critically aware that<br />

it provides an essential service<br />

and is working together, and with<br />

Government, to make a difference<br />

now.<br />

Mark Aue, CEO 2degrees. Photo/supplied.


14 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

SPECIAL FOCUS – COVID-19<br />

Securing systems during Covid-19<br />

Many organisations have<br />

taken prudent steps to<br />

reduce the likelihood of<br />

Covid-19 spreading by<br />

allowing as many staff<br />

as possible to work from<br />

home. Working from home<br />

(WFH) or remote working<br />

may be an established<br />

practice for many, but for<br />

others it may be a new way<br />

of doing business. This<br />

article presents the security<br />

aspects organisations<br />

should consider.<br />

Working through<br />

the effects of<br />

Covid-19<br />

HUMAN RESOURCES<br />

> BY KELLIE HAMLETT<br />

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

Recruitment Ltd. She can be contacted on<br />

kellie@talentid.co.nz or 027 227 7736<br />

Working from home<br />

presents two broad<br />

concerns:<br />

• Cyber-security. Ensuring<br />

systems are available and<br />

information is protected,<br />

and<br />

• Physical security. Ensuring<br />

offices and assets are<br />

protected during reduced<br />

staffing.<br />

Cyber-security<br />

Remote workers may be operating<br />

outside of the security<br />

provided by the enterprise. If<br />

devices, such as laptops, have<br />

not been provisioned securely<br />

it increases a number of risks<br />

including the possibility of<br />

malware and the exposure of<br />

sensitive data. Many exisiting<br />

security practices are still<br />

relevant, more so for personal<br />

devices that may be being used<br />

for work purposes.<br />

• Patching and updating is<br />

critical. Personal devices<br />

may not be automatically<br />

updating, including anti-malware.<br />

These should<br />

be enabled to keep software<br />

up to date.<br />

• Multi-factor or Two-factor<br />

authentication should<br />

SECURITY<br />

> BY JONATHON BERRY<br />

Jonathon Berry is a consulting partner with New Zealand security<br />

consultants InPhySec, based in Tauranga. He can be reached at<br />

jonathon.berry@inphysec.co.nz.<br />

be utilised for accounts.<br />

Where not possible, ensure<br />

credentials (passwords)<br />

used are robust and sufficiently<br />

complex.<br />

• Users should not be given<br />

account privileges beyond<br />

what they need to get their<br />

job done.<br />

• Connections from home<br />

into corportate environments<br />

should be via secure<br />

(encrypted) means. Capacity<br />

may need to be increased<br />

to deal with higher<br />

load.<br />

• Logging and monitoring<br />

of critical assets should be<br />

increased. Any suspicious<br />

activity should be investigated<br />

promptly.<br />

• Maintain or increase levels<br />

of user awareness to<br />

threats, scams and social<br />

engineering. There are parties<br />

who will seek to exploit<br />

the current situation. If in<br />

doubt, call people before<br />

commiting actions such as<br />

payments.<br />

• Consider the use of cloudbased<br />

security services that<br />

can be deployed rapidly and<br />

accessed without the need<br />

for face-to-face interactions.<br />

Equally, these may be<br />

de-provisoned when staff<br />

return to corporate security<br />

environments.<br />

• Ensure back-ups are maintained<br />

and that these are not<br />

vulnerable to ransomware<br />

or cryptoware attacks.<br />

• Utilise community resources<br />

such as NZ’s<br />

NCSC and CERT.<br />

Physical security<br />

Opportunistic theft may increase,<br />

while there are reduced<br />

numbers of public and staff in<br />

the vicinity of offices. Organisations<br />

should consider:<br />

• Putting attractive items out<br />

of view.<br />

• Ensuring disk encryption is<br />

enabled on devices left in<br />

offices and credentials are<br />

required for access.<br />

• Increasing guard patrols.<br />

• Keeping security systems<br />

armed and not automatically<br />

disabled during business<br />

hours, including doors.<br />

• Ensuring response functions<br />

are in place. If an<br />

alarm is triggered, someone<br />

will react to it.<br />

• Determining if visitors,<br />

such as cleaners, are<br />

necessary.<br />

In my March article on business<br />

continuity and contingency planning,<br />

I broadly covered aspects around having<br />

a plan in place for times of crisis.<br />

The time of crisis is here<br />

and it’s hit hard and<br />

quite quickly. Sectors<br />

that have already been struggling,<br />

have little resilience<br />

left to keep trading, and the<br />

coming months ahead are<br />

going to be tough.<br />

Thankfully, the government<br />

has come forward<br />

quickly with a support package<br />

for businesses.<br />

It provides a breather, but<br />

whether it will be enough,<br />

only time will tell. Businesses<br />

are having to respond<br />

quickly as the situation we<br />

are all faced with changes on<br />

a day-to-day basis.<br />

Many businesses I have<br />

talked to and are working<br />

with are reducing hours,<br />

and looking at alternative<br />

working options before<br />

redundancies.<br />

The first step, and I’m<br />

sure most employers will<br />

have done this already, is<br />

having an honest and open<br />

conversation in good faith<br />

with staff around the Covid-<br />

19 situation and what it<br />

means for the business.<br />

Unlike any other event,<br />

it’s a time for people to work<br />

together, share concerns and<br />

fears and look at how we can<br />

work together to keep businesses<br />

fluid.<br />

It’s also important that,<br />

even though we are moving<br />

through unprecedented<br />

times, good process is still<br />

followed.<br />

Employment agreements<br />

and workplace policies set<br />

out the basis of the employment<br />

relationship and the<br />

process for changing the<br />

terms.<br />

As employers we do have<br />

the right to make changes<br />

within our business and<br />

structure it as we see appropriate,<br />

but genuine business<br />

reasons must prevail.<br />

Document all decisions<br />

As always, employers<br />

need to document all decisions<br />

and reasons about<br />

any change that might result<br />

in an employee’s job<br />

being significantly changed,<br />

hours being reduced, or<br />

an employee being made<br />

redundant.<br />

The present situation<br />

being that most employers<br />

will be citing financial<br />

downturns, which are easy<br />

tracked and documented.<br />

There still needs to be a<br />

consultation process.<br />

It may be that because<br />

of the developing situation<br />

that this can’t be as long as<br />

it would usually be, but there<br />

is a still a duty of being fair<br />

and reasonable.<br />

This process would include<br />

giving affected employees<br />

information about<br />

the suggested change and an<br />

opportunity to provide feedback<br />

on it.<br />

Currently, along with the<br />

When it comes time<br />

to move forward<br />

again we are –<br />

more than ever –<br />

going to need the<br />

right people in our<br />

businesses.”<br />

amount of panic buying, a<br />

lot of employers are also<br />

panicking about their financial<br />

forecasts and rightly so.<br />

Some have already been<br />

struggling for months and<br />

this situation will make their<br />

businesses untenable.<br />

However, where possible<br />

I would urge businesses to<br />

take up the government support<br />

package on offer.<br />

Where you can, reduce<br />

hours rather than make<br />

employees redundant and<br />

look at alternative ways of<br />

working.<br />

I know this isn’t possible<br />

for some businesses. But<br />

when Covid-19 disappears,<br />

we need to get businesses<br />

and the economy moving<br />

again.<br />

Staff are assets and good<br />

people are hard to come by.<br />

With restrictions on immigration,<br />

the skill shortages<br />

are going to be even more<br />

apparent.<br />

When it comes time to<br />

move forward again we are<br />

– more than ever – going to<br />

need the right people in our<br />

businesses.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 15<br />

Covid-19<br />

– Market<br />

contagion?<br />

Market Update (Please note this column<br />

was prepared on 17 March, <strong>2020</strong>)<br />

In the last few weeks global<br />

sharemarkets have substantially<br />

retraced their early<br />

momentum for the month of<br />

January and the latter stages of<br />

last year.<br />

In the early period of the<br />

Covid-19 outbreak, financial<br />

markets seemed to blissfully<br />

ignore the progression of the<br />

virus. However, we are now<br />

in a period of daily market<br />

volatility as investors gauge<br />

the flow-on economic impacts<br />

and whether the recent sell-off<br />

presents buying opportunities.<br />

The catalyst for the sell-off<br />

has been two-fold.<br />

Firstly, the progression of<br />

With further rate cuts being implemented by<br />

Central Banks to try and curb the impact of<br />

Covid-19, low interest rates will be the norm<br />

for the immediate future.<br />

the virus outside of China and<br />

secondly, a steady stream of<br />

companies beginning to downgrade<br />

forecast earnings.<br />

The initial outbreak of the<br />

virus in China caused a major<br />

disruption to international supply<br />

chains, although the situation<br />

in that country seems to be<br />

improving.<br />

Perhaps the biggest factor<br />

in market performance over<br />

the next three to six months<br />

will be the as yet unknown impact<br />

on company earnings.<br />

It is possible we will see a<br />

rally if the spread of the virus<br />

can be contained, followed by<br />

dips as the market reacts to further<br />

earnings downgrades.<br />

All of this uncertainly begs<br />

the question: “How should we<br />

react?”<br />

Turbulent markets always<br />

make us feel like we should<br />

“do” something. Sometimes<br />

(like the 2008 financial crisis),<br />

we should. However, often sitting<br />

back and monitoring the<br />

situation is the best option. We<br />

think that is the case now.<br />

Since 2008 there have been<br />

19 sell-offs greater than five<br />

percent. The current downturn<br />

WHAT TO DO WITH YOUR MONEY<br />

> BY BRETT BELL-BOOTH<br />

Investment Adviser with Forsyth Barr Limited in Tauranga, and<br />

an Authorised Financial Adviser. Phone (07) 577 5725 or<br />

email brett.bell-booth@forsythbarr.co.nz.<br />

is now classified as a bear market,<br />

having retraced more than<br />

20 percent from its peak (at the<br />

time of writing, the sharemarket<br />

was down 21 percent.<br />

Every sell-off is serious –<br />

from Greece teetering on the<br />

brink of complete collapse, to<br />

the US Government sovereign<br />

downgrade in 2011.<br />

However, since December<br />

2008, the US sharemarket has<br />

risen well over 200 percent,<br />

excluding dividends. In other<br />

words, reacting to a crisis by<br />

selling shares is often a poor<br />

decision.<br />

The extent of market contagion<br />

relative to the level of<br />

viral contagion is determined<br />

by a combination of investor<br />

sentiment and factual information.<br />

An objective evaluation<br />

of your investment goals will<br />

ensure that your portfolio is<br />

well-positioned to weather any<br />

potential storm.<br />

As has been the theme in<br />

recent years, low interest rates<br />

continue to limit options for<br />

investors.<br />

With further rate cuts being<br />

implemented by Central Banks<br />

to try and curb the impact of<br />

Covid-19, low interest rates<br />

will be the norm for the immediate<br />

future. Whether you are<br />

an existing investor or considering<br />

an investment in the capital<br />

markets for the first time,<br />

get in touch with Forsyth Barr.<br />

Source: Forsyth Barr Focus,<br />

Special Report, February<br />

<strong>2020</strong>.<br />

This column is general in nature<br />

and is not personalised investment<br />

advice. This column<br />

has been prepared in good<br />

faith based on information obtained<br />

from sources believed<br />

to be reliable and accurate.<br />

Disclosure Statements for Forsyth<br />

Barr Authorised Financial<br />

Advisers are available on<br />

request and free of charge.<br />

Making sense<br />

of COVID-19<br />

Committed to supporting<br />

our community and clients<br />

during this challenging<br />

and uncertain time.<br />

WAVE25599<br />

Young Read Woudberg Limited<br />

13 McLean Street, Tauranga 3110<br />

12A Oxford Street, Te Puke 3119<br />

P 07 578 0069 E accountants@yrw.co.nz<br />

W www.yrw.co.nz


16 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

Help at hand for small businesses<br />

facing economic effects of Covid-19<br />

Help is at hand for New Zealand’s more<br />

than 480,000 small businesses grappling<br />

with how to keep afloat during the changing<br />

economic environment caused by the<br />

Covid-19 pandemic.<br />

A<br />

newly established social<br />

enterprise, Weather<br />

the Storm, has been<br />

launched by business consultant<br />

Isis Farrelly and sales and<br />

marketing expert Cameron<br />

Macneil.<br />

Their goal is simple –<br />

to support New Zealand’s<br />

sole-traders and small business<br />

owners in taking immediate<br />

action to mitigate the economic<br />

downturn.<br />

“These are uncertain and<br />

challenging times, so we’re<br />

providing advice, tools and<br />

resources, including our soonto-be<br />

released programme Getting<br />

Through – a step-by step,<br />

interactive programme you can<br />

complete from home to assess<br />

your current position, then develop<br />

an action-oriented business<br />

and financial plan to get<br />

through,” said Farrelly.<br />

“We’ve called upon expert<br />

advisors across a number of<br />

professions to assist, including<br />

accounting, insurance, human<br />

resources, legal, marketing and<br />

banking.”<br />

The programme, aptly<br />

named “Getting Through” offers<br />

practical tools and strategies<br />

focused on making an<br />

immediate difference to a<br />

business’s cashflow and bottom<br />

line.<br />

Co-founder Cameron<br />

Macneil says that when market<br />

conditions change for the<br />

worse, those who take swift<br />

action and adapt don’t just<br />

make it through, but often<br />

prosper in the long run.<br />

“But to come out the other<br />

side of the kind of market<br />

impacts that are ahead of us,<br />

small businesses need to have<br />

two simple priorities: be resilient<br />

and maintain profit.”<br />

Macneil says the Government<br />

has come out with a<br />

great package of measures to<br />

support businesses in the short<br />

term, but people shouldn’t rely<br />

on that continuing indefinitely.<br />

“Small businesses need<br />

to take charge of their own<br />

destiny and despite what it<br />

may feel like right now,<br />

they actually have a lot<br />

of control over how<br />

they come through<br />

this,” he said.<br />

“Often the hardest<br />

part for small businesses<br />

is knowing<br />

where to start and<br />

what can be done. The<br />

resources provided by<br />

Weather the Storm and<br />

their Getting Through programme<br />

takes a whole-ofbusiness<br />

approach, providing<br />

plain English, step-by-step<br />

strategies to reduce costs and<br />

improve profit margins in a real-world<br />

way.”<br />

In addition, members get<br />

the benefit of an entire panel<br />

of expert advisors, including<br />

Tom Beswick of Ingham<br />

Mora. For less than the cost<br />

of one hour with an expert,<br />

you gain access to advice and<br />

strategies across the entire<br />

range of topics covered in the<br />

programme including cashflow<br />

management, staff engagement,<br />

lease negotiations,<br />

sales generation and many<br />

more.<br />

Isis Farrelly<br />

“Whatever the business,<br />

this programme will work, and<br />

it can be completed from the<br />

comfort of your home and at<br />

your own pace,” says Macneil.<br />

Farrelly, business performance<br />

and change management<br />

expert, says they had an<br />

early opportunity to test their<br />

programme when a family<br />

member in Whakatane found<br />

her business in dire straits<br />

overnight after the Whakarei<br />

White Island tragedy and<br />

then the emerging effects of<br />

Covid-19.<br />

Cameron Macneil<br />

“By February her revenue<br />

was down almost 50 percent<br />

and she was on a path to<br />

insolvency.<br />

“Within days of completing<br />

the programme prototype, she<br />

had re-negotiated her lease,<br />

reduced her operating costs,<br />

agreed improved payment<br />

terms with her suppliers and<br />

restructured her team’s hours.<br />

“These fairly straight-forward<br />

changes meant she could<br />

keep drawing a wage for herself<br />

and continue making her<br />

mortgage payments.<br />

“Simply put, they saved her<br />

business.”<br />

Macneil and Farrelly say<br />

if there’s one piece of advice<br />

they can give small businesses,<br />

it’s this: act now and take<br />

control.<br />

Getting Through is available<br />

to any business in soletrade<br />

or small business in New<br />

Zealand and launches in early<br />

<strong>April</strong>.<br />

People wanting to find<br />

out more or to access the<br />

free available resources visit<br />

https://weatherthestorm.org.nz/<br />

Buying in uncertain times<br />

A quote often used in relation to the stock market, is:<br />

“Buy on the sound of cannons, sell on the sound of trumpets.”<br />

It means that savvy investors will buy shares when things seem the<br />

direst (when everyone is running away) – and sell when things seem<br />

the rosiest (when your Uber driver is providing stock tips). And as it<br />

applies to shares, it can also apply to buying businesses.<br />

BETTER <strong>BUSINESS</strong> BUYING<br />

> BY TOM BESWICK<br />

Director at Ingham Mora Chartered Accountants in Tauranga, is a<br />

business advisor who specialises in buying and selling businesses.<br />

He can be contacted on 027-5744- 019 or tom@inghammora.co.nz<br />

Some will now be wondering<br />

whether to push<br />

pause on those business<br />

ownership dreams. However<br />

here are a few reasons to keep<br />

considering this – as well as a<br />

few extra things to watch for in<br />

the current market.<br />

Three reasons to buy<br />

now<br />

It is the opportunity to be the<br />

master of your own destiny<br />

and not reliant on an employer.<br />

Often a major reason<br />

for buying a business is to be<br />

self-reliant.<br />

In times of uncertainty this<br />

can be both a positive and a<br />

negative.<br />

If you back yourself and<br />

find the right business, then<br />

potentially it can be safer to<br />

be your own boss rather than<br />

working for someone else. It<br />

might seem risky right now to<br />

leave a solid job to buy a business.<br />

However, we may soon<br />

find that for many staying put<br />

in employment comes with its<br />

own risks.<br />

There are likely to be some<br />

good buying opportunities<br />

around soon. A smart buyer<br />

will take advantage right when<br />

the cannons are loudest.<br />

There are likely to be vendors<br />

out there who realize<br />

they would prefer to not hang<br />

around unsold given the uncertainty<br />

and that might loosen up<br />

a few prices.<br />

It takes guts to do it, but unless<br />

you have the opinion that<br />

things are going to stay down<br />

for years, then now (or soon)<br />

will be a great time to buy.<br />

Staff retention is likely to<br />

get slightly easier. People are<br />

less likely to jump ship during<br />

times like this – certainty of the<br />

known outweighs any grass is<br />

greener considerations.<br />

In recent years we’ve had<br />

a very tight labour market, so<br />

retention of key staff has often<br />

been right up there as something<br />

to watch when buying a<br />

business. If staff retention risk<br />

eases this lessens the risk on<br />

buying a business.<br />

Three things to watch<br />

Paying a price that is relevant<br />

to current profits and<br />

forecasts.<br />

One thing a recession does is it<br />

makes last years’ “record profits”<br />

a lot less alluring.<br />

Just because the business<br />

had a great March <strong>2020</strong> fiscal<br />

year doesn’t mean that 2021<br />

will look anything like it. A<br />

buyer needs to pay a price that<br />

is sustainable going forward<br />

(and for which they will be<br />

able to get finance).<br />

Getting the right finance is<br />

If you back yourself and find the right business, then potentially it<br />

can be safer to be your own boss rather than working for someone<br />

else. It might seem risky right now to leave a solid job to buy a<br />

business. However, we may soon find that for many staying put in<br />

employment comes with its own risks.<br />

key. Cashflow is going to get<br />

harder to predict. Previously<br />

reliable customers might become<br />

slow payers, given their<br />

own cash flow constraints. If<br />

you are looking to buy a business,<br />

you are going to need a<br />

more robust finance package<br />

now than you did say three<br />

months ago.<br />

When you are in the due<br />

diligence phase, you should<br />

spend more time on things like<br />

scenario modelling where you<br />

work out how your overdraft<br />

is affected if say 10 percent<br />

fewer sales are made, margins<br />

soften five percent, and<br />

customers pay 15 percent etc.<br />

Doing your homework is key<br />

to make it through to the easier<br />

times.<br />

Customer retention. If consumer<br />

spending starts to decline,<br />

then competition will increase<br />

(particularly on price).<br />

In my view we never really<br />

recovered from the sale addition<br />

that seemed to kick in<br />

during the GFC.<br />

Whether ever bigger ongoing<br />

sales will have any affect<br />

on spending remains to be<br />

seen. Make sure you spend a<br />

bit more time than you would<br />

have considering the competition<br />

and what things you can<br />

do to ensure that you are not<br />

relying just on price cutting to<br />

stay in business.<br />

Unless things are spiralling<br />

to an end of days scenario<br />

(surely the health impact is not<br />

severe enough for that) there’s<br />

no reason to hunker down and<br />

stop buying businesses.<br />

However, the cost of getting<br />

it wrong grows in tough<br />

times. Take your time to get<br />

advice and you should buy<br />

well, get through the next period<br />

and be well placed to succeed<br />

in the recovery.<br />

A smart buyer will be well<br />

dug in to whether the shortterm<br />

cannon fire and will be<br />

the one blowing their own<br />

trumpet in years to come.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 17<br />

Inland port<br />

hubs shaking<br />

up industrial<br />

sector<br />

Bold inland port developments around the<br />

country are shaking up the industrial sector<br />

and bringing new efficiencies to the fastevolving<br />

supply chain market.<br />

An artist’s impression of the inland port and logistics hub at Ruakura.<br />

These intermodal hubs are<br />

supporting the transportation<br />

of freight, generating<br />

jobs in the regions and<br />

helping to ease the pressures<br />

on land and existing industrial<br />

property stock in the major<br />

centres.<br />

They’re leveraging off existing<br />

rail networks and established<br />

transport arterials and<br />

providing a spark of change<br />

for other infrastructural work<br />

that will directly benefit those<br />

businesses that choose to locate<br />

their operations within<br />

these hubs.<br />

If you’ve been trying to<br />

secure large-scale industrial<br />

warehousing or other space<br />

close to New Zealand’s major<br />

ports, you’ll know that such<br />

opportunities are scarce and<br />

come at a significant cost.<br />

It may be time to look to<br />

regional hubs that have all<br />

the bells and whistles to make<br />

your business more efficient.<br />

Supply chain dynamics<br />

changing<br />

In the “Golden Triangle”<br />

of Auckland, Hamilton and<br />

Tauranga, business dynamics<br />

within the supply chain market<br />

are changing quickly.<br />

Ports of Auckland has just<br />

cut the ribbon on its Waikato<br />

Freight Hub to help ensure a<br />

more streamlined and resilient<br />

supply chain network in the<br />

upper North Island.<br />

The 33 hectare inland port<br />

site in Horotiu, between Hamilton<br />

and Ngāruawāhia, will<br />

help connect the regions with<br />

international markets and simplify<br />

freight movements between<br />

the ports of Auckland<br />

and Tauranga.<br />

The Waikato Freight Hub<br />

acknowledges the important<br />

contribution that the Waikato<br />

region makes to the domestic<br />

economy through the significant<br />

export volumes that need<br />

to be efficiently transported<br />

by truck or train to and from a<br />

major port.<br />

The Ports of Auckland<br />

project team is designing<br />

large-scale, market-leading<br />

and future-proofed buildings<br />

and early interest suggests that<br />

a wide range of industrial tenants<br />

will make their way to the<br />

hub.<br />

Meanwhile, elsewhere in<br />

the Waikato, Tainui Group<br />

Holdings is developing the<br />

$3.3 billion Ruakura inland<br />

port and logistics hub – expected<br />

to eventually offer<br />

around 10 percent of New Zealand’s<br />

total industrial space.<br />

It will leverage off the<br />

new Waikato Expressway interchange<br />

and other roading<br />

initiatives, along with the finalisation<br />

of plans for a major<br />

new rail siding for KiwiRail,<br />

to offer cost efficiencies along<br />

the supply chain network.<br />

In the South Island, intermodal<br />

freight hubs in Rolleston<br />

such as MetroPort within the<br />

Izone industrial park and MidlandPort<br />

in the IPort Business<br />

Park are offering direct rail<br />

access for container freight<br />

to Lyttelton Port’s waterside<br />

operation.<br />

Much of this industrial-zoned<br />

land has an open<br />

boundary to Lyttelton Port’s<br />

MidlandPort and offers huge<br />

scope for forward-thinking<br />

industrial business<br />

owner-operators.<br />

Rolleston is on main roading<br />

connections, benefits from<br />

two rail lines – the main northsouth<br />

line and the west coast<br />

Tainui Group Holdings is developing the<br />

$3.3 billion Ruakura inland port and<br />

logistics hub – expected to eventually offer<br />

around 10 percent of New Zealand’s total<br />

industrial space.<br />

connection – and the proposed<br />

new southern arterial motorway<br />

will further future-proof<br />

the location by halving the<br />

travel time from Rolleston to<br />

the Christchurch CBD to just<br />

15 minutes.<br />

Operators of all sizes are<br />

re-evaluating their business<br />

and property requirements and<br />

looking to base themselves in<br />

the regions to benefit from a<br />

more centralised location and<br />

provide access to lower cost<br />

housing for their staff – and<br />

that’s a real plus for the attraction<br />

and retention of a motivated<br />

workforce.<br />

This interest is coming<br />

from significant players in the<br />

construction sector, food and<br />

beverage processing, retailing,<br />

and from businesses operating<br />

within, and leveraging off, the<br />

primary sector.<br />

www.bayleys.co.nz/workplace/industrial/insights/<br />

inland-port-hubs<br />

At Bayleys, we believe relationships are what businesses are built on and how they<br />

succeed. We understand that to maximise the return on your property you need:<br />

Professional property management<br />

A business partner that understands your views and goals<br />

Contact the Bayleys Commercial Property Management team today.<br />

Bayleys Commercial<br />

Property Management<br />

07 579 0609<br />

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

SUCCESS REALTY LTD, <strong>BAY</strong>LEYS, LICENSED UNDER THE REA ACT 2008<br />

ALTOGETHER BETTER<br />

Residential / Commercial / Rural / Property Services


18 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

Be scared – or be prepared<br />

CREDIT CONTROL<br />

> BY NICK KERR<br />

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

He is also a director of International Private Investigations Ltd.<br />

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

Billy Connolly once said “there is no such thing as bad weather, only<br />

a bad choice of clothes”. While that’s a typical Connolly quip, I think<br />

it rings true in a lot of situations, including what we are going through<br />

as an economy and a society at the moment.<br />

To get through any tough<br />

period in business it is<br />

important to adapt in<br />

order to lessen the possible impacts<br />

of the challenges faced,<br />

by anticipating probable issues<br />

and putting in plans to avoid or<br />

at least reduce loss.<br />

In order to do the above,<br />

we need to analyse historically<br />

similar situations and what the<br />

outcomes were.<br />

With a worldwide health<br />

scare, there are some pretty<br />

clear behaviour patterns. There<br />

is a massive surge in panic<br />

buying in the retail sector, and<br />

a downturn or flatline in events<br />

and tourism-based business.<br />

That tends to be followed<br />

by a downturn in retail and<br />

business to consumer and business<br />

to business direct sales<br />

and service businesses across<br />

the board when contact restrictions<br />

are imposed.<br />

Another major issue faced<br />

by businesses are staff shortages,<br />

which fall into several<br />

categories. You have the genuinely<br />

ill and their family members,<br />

the at-risk employee who<br />

must isolate due to immune<br />

deficiencies, the fearful isolators,<br />

and the advantage takers.<br />

Many businesses can utilise<br />

technological advances<br />

to mitigate the effects that the<br />

shortages in on-premises staff<br />

can have.<br />

Staff sales and consulting<br />

meetings can be held over<br />

video conferencing applications,<br />

account management,<br />

accounts and administration<br />

activities can be completed remotely<br />

from home using cloud<br />

based systems and mobile<br />

phones.<br />

But there will be some who<br />

may find it very hard or maybe<br />

impossible to get through<br />

without some major help at<br />

both a local and governmental<br />

level, if any lengthy isolation<br />

period is imposed. And that is<br />

what is now being experienced<br />

in a number of other parts of<br />

the world.<br />

Credit control options<br />

From a credit management<br />

perspective there are a few<br />

things that businesses can do<br />

to give themselves the best<br />

level of cashflow possible<br />

throughout any period of economic<br />

downturn these include:<br />

• Deposits: There is no legal<br />

regulation that precludes or<br />

limits the ability to ask for<br />

With a worldwide health scare, there are some pretty clear behaviour<br />

patterns. There is a massive surge in panic buying in the retail sector,<br />

and a downturn or flatline in events and tourism-based business.<br />

That tends to be followed by a downturn in retail and business<br />

to consumer and business to business direct sales and service<br />

businesses across the board when contact restrictions are imposed.<br />

deposits for works to be<br />

done as long as they are fair<br />

and reasonable.<br />

A decent deposit gives<br />

you cashflow at the beginning<br />

and the end of any job<br />

or activity. If there is an increased<br />

risk that works will<br />

be postponed or suspended<br />

after they are started, then<br />

a decent deposit is essential<br />

to avoid outlay without<br />

income.<br />

If you have any doubts<br />

that a customer can pay,<br />

then ask for payment up<br />

front especially for bespoke<br />

or non-stock goods<br />

unless you have a contract<br />

that agrees that this is your<br />

right.<br />

• Payment Terms – Consumers<br />

do not need 20th<br />

of the following payment<br />

terms. Payment on completion<br />

or seven days at most is<br />

perfectly reasonable. Make<br />

this clear from the outset<br />

and no one gets surprised or<br />

offended.<br />

• Credit Limits – For on<br />

account clients, set and<br />

monitor credit limits. If<br />

payments are late then do<br />

not amplify your risk by<br />

increasing your credit limits.<br />

Someone’s ability to<br />

pay does not necessarily<br />

increase when the amount<br />

they need to pay does.<br />

Many eventually liquidated<br />

companies increase credit<br />

limits with suppliers in the<br />

months before liquidations.<br />

So use a credit monitoring<br />

service like Equifax or<br />

Centrix, which could provide<br />

a warning of a nasty<br />

surprise.<br />

• Secure – Place PPSR securities<br />

on all major accounts<br />

while they are all (to your<br />

knowledge ) solvent. If this<br />

ever changes (within the 5<br />

year secured period) your<br />

rights of remedy are greatly<br />

increased.<br />

• Pre-Empt – No one minds<br />

a friendly gentle reminder<br />

especially if it appears automated.<br />

A text message<br />

saying something like “we<br />

look forward to receiving<br />

payment for Inv#12345 on<br />

Friday, 20 March, please<br />

remember to use Ref #<br />

12345 for this payment.<br />

Thanks.” In times of stress,<br />

simple reminders can result<br />

in a marked decrease in<br />

late payments.<br />

• Act – If debtors are not<br />

communicating, time will<br />

not improve this. Send a<br />

warning letter, then escalate<br />

to collection action<br />

asap if communication and<br />

payment does not occur.<br />

Just a thought.<br />

Stay safe.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 19<br />

Three compelling reasons why<br />

franchisees should follow the system<br />

It should perhaps be obvious or assumed that when someone<br />

decides to buy or establish a franchised business that they will follow<br />

the system, after all that is what they have bought into. However, as<br />

human beings we have an engrained propensity to tinker, challenge<br />

and change just about everything.<br />

FRANCHISING<br />

> BY NATHAN BONNEY<br />

Nathan Bonney is a director of Iridium Partners. He can be<br />

reached at nathan@iridium.net.nz or 0275-393-022<br />

With a caveat of saying<br />

no system is perfect<br />

and development and<br />

innovation should be encouraged<br />

and managed in a system,<br />

there are three compelling reasons<br />

why it is in the franchisee’s<br />

best interest to follow the<br />

system.<br />

1. The system works<br />

Firstly, franchises are often referred<br />

to as franchise systems,<br />

and the hint is in the second<br />

word – system.<br />

A system is defined “a set<br />

of things working together as<br />

parts of a mechanism or an<br />

interconnecting network; or a<br />

set of principles or procedures<br />

according to which something<br />

is done; an organized scheme<br />

or method.”<br />

In a franchise the business<br />

product, process or service is<br />

delivered via a systemised approach.<br />

It is tested and based<br />

on the success of the system or<br />

process the franchise brand is<br />

able to develop and grow.<br />

It’s like baking a cake, you<br />

need to follow the recipe, use<br />

the right proportions and cook<br />

at the right temperature and for<br />

the right time. Once you have<br />

mastered this, you may be able<br />

to alter the recipe and or add<br />

but do this at the beginning and<br />

you have a mess.<br />

Holds true with a systemised<br />

business approach, miss<br />

a step, include too much of<br />

something and or alter the process<br />

and the results won’t be<br />

the same.<br />

2. It provides the<br />

ability to measure and<br />

benchmark<br />

A systemised approach to operating<br />

a business provides for<br />

measuring, and the old cliché<br />

of what you cannot measure<br />

you cannot manage applies.<br />

The truly beautiful aspect<br />

of operating in a franchise<br />

business model is it provides<br />

independent business owners<br />

or operators – franchisees, the<br />

ability to measure or benchmark<br />

against and across similar<br />

businesses.<br />

The ability to benchmark<br />

between different locations,<br />

markets and operators is created<br />

by the fact they are operating<br />

under the same systemised<br />

approach.<br />

The Big Mac hamburger is sold by McDonald’s – the<br />

world’s largest chain of hamburger fast food restaurants.<br />

Following a franchise system<br />

is the only way independent<br />

business operators could<br />

possibly achieve meaningful<br />

benchmarking; industry surveys<br />

and statistics, trade associations<br />

and even (illegal)<br />

cartels cannot as they do not<br />

have the constant of an operating<br />

platform from which<br />

to compare, they are at best<br />

able to relate one or several<br />

measures.<br />

Disregard or operate outside<br />

the system parameters<br />

and the franchisees ability to<br />

benchmark and best manage<br />

their business is compromised.<br />

3. It provides a truly<br />

competitive edge<br />

The most powerful motivator<br />

for a franchisee to follow the<br />

system is actually a combined<br />

result of having a process or<br />

system that works, and the<br />

ability to measure and benchmark<br />

with-in and across the<br />

system.<br />

This combined result is a<br />

truly competitive edge. Do<br />

the business better, measure it,<br />

compare, improve. Through<br />

this repeated cycle the franchise<br />

system and franchisee<br />

will probably gain market<br />

share and profitability along<br />

the way. That’s quite a compelling<br />

reason the follow the<br />

system.<br />

Back to my comment that<br />

no system is prefect but a good<br />

system will encourage innovation<br />

and change applying franchise<br />

system disciplines along<br />

the way. That’s how we got the<br />

Big Mac and McDonalds their<br />

best ever selling burger, and<br />

a great number of successful<br />

franchisees!<br />

Top 10 tips to keep<br />

your business<br />

running smoothly<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 />

am often surprised with new<br />

clients at how little they<br />

know about their business –<br />

even such simple facts as what<br />

their monthly overheads are –<br />

information that can mean the<br />

difference between success and<br />

failure.<br />

I tell these clients that staying<br />

up to date is crucial, and<br />

that there’s no excuse not to be.<br />

All it takes is a monthly check<br />

of the following key indicators<br />

of your business’ health.<br />

Checking in monthly will<br />

mean you clearly understand<br />

your position and can then<br />

make the right decisions to<br />

run a robust and profitable<br />

business.<br />

Monitor cash<br />

Cash needs to be closely monitored<br />

as it is the single most<br />

important indicator of business<br />

performance. With cash it is<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 />

Financial reports<br />

Too often I see businesses reacting<br />

to information months<br />

down the track. It is imperative<br />

that accurate reports are prepared<br />

on a monthly basis, close<br />

to month end so you can react<br />

in real-time to market changes.<br />

Most software can provide<br />

reports – from large business<br />

with fully integrated programmes<br />

to small businesses<br />

using xero type reports. Don’t<br />

just do your GST and move<br />

on to the next job – print your<br />

monthly reports and review<br />

them.<br />

Customers<br />

You must understand your<br />

customers – continually ask<br />

them what they want and what<br />

they think of your product or<br />

service. Use technology to<br />

help you connect and measure<br />

with them.<br />

Overheads<br />

Many clients do not know<br />

their monthly overheads yet<br />

it is 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 when you reach<br />

that breakeven point in the<br />

month and start to make profit.<br />

Key relationships<br />

Strong relationships are fundamental<br />

to business success. So<br />

find a bank manager you connect<br />

with, who will give you<br />

their direct dial number and<br />

make sure you stay in touch.<br />

Likewise strong relationships<br />

with key suppliers are<br />

imperative. They’re often<br />

willing to extend payment<br />

terms or give discounts and allowances<br />

so constant communication<br />

is the key. Huge benefits<br />

can flow to your business<br />

including improved margins<br />

and support through tight cash<br />

flow periods.<br />

Gross margin<br />

Know your pricing model and<br />

continually strive to maximise<br />

your margins. Gross profit and<br />

margin are key financial indicators<br />

that need to fall out of<br />

your monthly reports. Only by<br />

understanding your model can<br />

you strive for improvements.<br />

Stock control<br />

Measure stock that is key to<br />

your business on a monthly<br />

basis to obtain accurate financial<br />

reports. This doesn’t<br />

necessarily mean monthly<br />

physical stock takes but it does<br />

mean having a programme or<br />

process to monitor levels, ageing<br />

and shrinkage.<br />

Rolling stock takes and<br />

spot checks are useful. Often<br />

when money runs out, stock is<br />

the culprit along with debtors.<br />

Debtors and creditors<br />

Monitor your debtor levels<br />

monthly. It is important to<br />

measure the days outstanding<br />

and have formalised methods<br />

of collections. This often requires<br />

continuous follow up<br />

and a firm consistent approach.<br />

Also measure your creditor’s<br />

levels monthly. Huge gains<br />

can be made by using technology<br />

and managing creditors on<br />

line and eliminating cheque<br />

payments.<br />

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 regular<br />

basis.<br />

Budgets<br />

The difference between a<br />

dream and a goal is a plan.<br />

You must have both short and<br />

long-term business budgets,<br />

and review your monthly results<br />

to budgets.<br />

Most software easily accommodates<br />

budgets.<br />

If you’re stuck or confused<br />

about any of these matters,<br />

ensure you get professional<br />

advice sooner rather than later<br />

as staying up to date is fundamental<br />

to good business.


20 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

The Tauranga <strong>May</strong>or’s Award presented by deputy<br />

mayor Larry Baldock to Kevin McCardell for Plight of<br />

the Bumblebee, <strong>2020</strong>.<br />

Premier<br />

local Bay<br />

artists are<br />

recognised<br />

Supreme Award winning entry Wahi<br />

Ngaro, 2019, by Israel Randall.<br />

The winners of Tauranga’s premier art<br />

award, have been announced, with the<br />

<strong>2020</strong> Miles Supreme Award going to<br />

local artist Israel Randell for her work<br />

Wahi Ngaro, 2019 a striking installation<br />

of electroluminescent wire.<br />

ARTS AND CULTURE<br />

> BY ALICE HUTCHISON<br />

Alice Hutchison is the director of the Tauranga Art Gallery.<br />

She can be reached on director@artgallery.org.nz.<br />

The awards are presented<br />

by the Tauranga Art<br />

Gallery Toi Tauranga,<br />

in partnership with the Venetta<br />

Miles Trust. The supreme<br />

award carries a cash prize of<br />

$10,000.<br />

A crowd of friends and<br />

family filled the Tauranga Art<br />

Gallery in mid-March in support<br />

of the 40 finalists (from<br />

almost 100 entries) and waited<br />

with excitement to hear the<br />

announcement of the selected<br />

winners from guest judge<br />

Sarah Hudson. Hudson is currently<br />

based in Whakatane and<br />

is the curator of Te Koputu a<br />

te whanga toi, the Whakatane<br />

Library and Exhibition Centre.<br />

Hudson said she was impressed<br />

by the broad range of<br />

Winners, friends and family at the Miles Art Awards.<br />

All images courtesy of Tauranga Art Gallery.<br />

creative works entered in this<br />

years’ awards and had chosen<br />

works that were “moving,<br />

edgy, politically-minded and<br />

bold”.<br />

Miles Supreme Award winner<br />

Randell’s work explained<br />

in her artist’s statement that<br />

her work examined “Wahi<br />

Ngaro, the ‘hidden realm’.<br />

It examined the notion of the<br />

void (Te Korekore), an in-between<br />

space – or the places<br />

from which all things originate<br />

from. “The triangle, a primordial<br />

shape, refers to the wharetangata<br />

(womb), symbolic of<br />

the space from which we come<br />

from and return to,” the artist<br />

stated.<br />

Hudson said: “This artist<br />

has created a surprising, edgy<br />

work that grounds us deep<br />

down into the bones of this<br />

land.”<br />

She added that she had enjoyed<br />

the subtle sound element<br />

of the work, which she read as<br />

screaming into the void.<br />

“Entering an installation<br />

piece into an open competition<br />

is a bold move. The striking<br />

visual impact of Te Korekore<br />

and its strong conceptual foundations<br />

rooted in mātauranga<br />

Māori has resulted in a very<br />

moving experience for the<br />

audience.”<br />

The entries submitted for<br />

this year’s Miles Art Awards<br />

reflected the diverse display of<br />

the talent and passion of artists<br />

who currently live in the Tauranga<br />

district and the wider<br />

region.<br />

The art works submitted<br />

have never been exhibited previously<br />

in a public exhibition.<br />

Also presented were the<br />

following awards:<br />

• The Incubator Emerging<br />

Artist Award to Adrienne<br />

Ranson for Cloud, Rock,<br />

Mountain No.2, 2019.<br />

• The Ethel MacMillan<br />

Award to Brylee Courtney<br />

for Black Arena, 2019.<br />

• The Tauranga <strong>May</strong>or’s<br />

Award to Kevin McCardell<br />

for Plight of the Bumblebee,<br />

<strong>2020</strong> .<br />

• The Friends of the Tauranga<br />

Art Gallery Award to<br />

Zig Beatnik for Anarchist,<br />

2018.<br />

• The People’s Choice<br />

Award, still to be announced,<br />

which is open for<br />

nomination by the public.


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 21<br />

Reach your customers where<br />

they hang out<br />

THE LAST WORD<br />

The generational divide doesn’t just apply to the climate change<br />

debate and views on whether children should ask permission<br />

before leaving the table at the end of dinner. It’s also acutely<br />

real in the world of marketing.<br />

> BY JAMES HEFFIELD<br />

Director of Bay of Plenty marketing and PR consultancy Last<br />

Word. To find out more visit lastwordmedia.co.nz or email<br />

james@lastwordmedia.co.nz.<br />

Businesses that want to<br />

get the most from their<br />

marketing and promotions<br />

spend need to think about<br />

the preferences of their customers<br />

and tailor their messaging<br />

and channels to best meet<br />

them.<br />

This includes considering<br />

the age profile of your typical<br />

customers to determine the<br />

best way to reach and influence<br />

them.<br />

There will of course always<br />

be people that don’t fit<br />

the mould – and that’s a great<br />

thing – but in most cases, the<br />

following generalisations<br />

apply.<br />

Boomers (born<br />

1946-1964)<br />

Those aged 56-76 still read<br />

print newspapers and listen to<br />

radio. They are increasingly<br />

active on social media too, but<br />

typically only on Facebook<br />

and Twitter rather than Instagram<br />

or new social media platform<br />

TikTok.<br />

Online statistics portal<br />

Statista reports that in January<br />

<strong>2020</strong>, around 15 per cent of<br />

Twitter users and 10 per cent<br />

of Facebook users were aged<br />

55 or over, compared to five<br />

per cent of Instagram users.<br />

With this in mind, if your<br />

target market is made up of<br />

boomers it’s worth ensuring a<br />

considerable slice of your marketing<br />

budget is committed to<br />

more traditional channels.<br />

This includes print and<br />

radio advertising, attending<br />

local business and community<br />

events and conducting leaflet<br />

drops. Also consider engaging<br />

with journalists to tell your<br />

story in a way that generates<br />

news items in local print publications<br />

and on radio.<br />

Generation X (born<br />

1965-1980)<br />

Members of Gen X care about<br />

the news and will still seek it<br />

out on news sites such as Stuff<br />

or NZ Herald.<br />

Most grew up before the<br />

net was mainstream, so newspapers<br />

and other print publications<br />

are still a good bet.<br />

When it comes to social<br />

media, Facebook remains the<br />

most popular platform among<br />

the Gen X age group of 40-55<br />

year olds, but Instagram is also<br />

well used.<br />

Engaging members of Gen<br />

X requires the use of a solid<br />

mix of new and old media.<br />

Think conventional print<br />

and radio advertising alongside<br />

social media and efforts to<br />

support and communicate with<br />

circles your target customers<br />

mix in to raise awareness.<br />

Millennials (born<br />

1981-1996)<br />

The much-maligned millennials<br />

are sometimes portrayed in<br />

the media as shallow, smashed<br />

avocado eating posers who<br />

lack the sense to save money.<br />

But in truth those aged<br />

24-39 belong to one of the<br />

hardest working generations,<br />

increasingly influential and<br />

perhaps the most discerning<br />

when it comes to the marketing<br />

messages you direct their<br />

way. This group has grown<br />

up in a digital world so it’s no<br />

surprise that digital marketing<br />

is the way to go when reaching<br />

them.<br />

Like Generation Z, many<br />

still follow the news media,<br />

but typically online rather than<br />

in print. Some listen to radio,<br />

but forget anything AM – it’s<br />

the music stations they are tuning<br />

into.<br />

When it comes to social<br />

media, the number of New<br />

Zealand millennials on Instagram<br />

isn’t too far behind the<br />

number on Facebook, and Tik-<br />

Tok is gaining in popularity.<br />

Keep in mind that millennials<br />

have grown up in a world<br />

saturated by advertising and<br />

have learnt to tune out from<br />

messaging that is too overtly<br />

sales related.<br />

For this reason, social-good<br />

messaging matters for this<br />

group – if you can tie your<br />

message into something that<br />

provides wider societal benefits,<br />

you’ll get cut-through.<br />

Consider advertising on<br />

other online channels as well,<br />

whether it’s Youtube or Google<br />

Search and Display ads<br />

to reach people online in the<br />

places they are searching.<br />

Podcasts are popular among<br />

this group as well – if you can<br />

promote your products on the<br />

right one, it can have a positive<br />

impact.<br />

Generation Z (born<br />

1996-2012)<br />

Those aged 8-23 are known as<br />

Gen Z, or ‘Zoomers’. Like millennials,<br />

they have grown up<br />

in a digital world, surrounded<br />

by screens and ever-present<br />

Wi-Fi.<br />

The difference is that, for<br />

many of them, they have never<br />

known anything different. The<br />

idea of a landline seems entirely<br />

alien and any thought of<br />

reading a print newspaper is<br />

utterly archaic.<br />

Reaching members of Generation<br />

Z requires you to explore<br />

newer social media channels<br />

– particularly TikTok.<br />

You may also want to consider<br />

Google Display advertising,<br />

using the re-targeting<br />

feature to tailor your ads based<br />

on those who have previously<br />

visited your site.<br />

Don’t underestimate the<br />

power of influencers to reach<br />

this group, whether they be<br />

celebrities or even locally<br />

popular individuals among the<br />

communities your target market<br />

mixes with.<br />

Sponsorship and marketing<br />

at music festivals and popular<br />

events is also an ideal go-to if<br />

you want to reach members of<br />

Generation Z.


22 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

CONNECTING<br />

BUYERS AND<br />

SELLERS <strong>OF</strong><br />

QUALITY<br />

<strong>BUSINESS</strong>ES<br />

First on the scene<br />

Networking photos from the Business After Five event hosted by accountants<br />

Maisey Harris & Co at Base Station, Tauranga.<br />

Photos by Laval Photo & Video<br />

When is the right time to sell<br />

your business? Right now.<br />

At TABAK, we promise to guide<br />

you through the sales process<br />

with focus, integrity and<br />

complete confidentiality.<br />

1 2<br />

1 Matt Solomona, Maisey Harris & Co. 2 Matt Cowley, Tauranga Chamber of Commerce. 3 Nathan Maisey, Maisey Harris and<br />

Maria Wilson, Crombie Lockwood (NZ).<br />

3<br />

FOCUS • INTEGRITY<br />

CONFIDENTIALITY<br />

4 5<br />

4 Chris Turner, Balanced Success and Tami Hansen, Flowers by Tami. 5 Conor Quinn, BizStar International and Nicole Pipe,<br />

Everlong Consulting.<br />

WHY TABAK<br />

INDUSTRY EXPERIENCE<br />

REALISTIC APPRAISALS<br />

6<br />

6 Emma Hayward and Graham Kelly, Westpac 11th Avenue. 7 Alan Wilkinson, CKL and Aleisha Broome, Maisey Harris.<br />

7<br />

TEAM APPROACH<br />

PRE-QUALIFIED BUYERS<br />

P5177Y<br />

147 Cameron Road<br />

p. 07 578 6329<br />

e. tauranga@tabak.co.nz<br />

w. tabak.co.nz<br />

8<br />

8 Frank Hekker, Kiss IT and David Hill, NZ Home Loans. 9 Kevin Kerr, TABAK Business Sales and Michael Doeraner,<br />

Technology Wise.<br />

9


<strong>April</strong>/<strong>May</strong> <strong>2020</strong> <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> 23<br />

First on the scene<br />

10<br />

11 12<br />

10 Sheryl Greehalgh, Clearview Marketing and Janine Williamson, Superior Shelving. 11 Rata Towgood Kiss IT and David Ratima. 12 Deeanah Winders, Cooney Lees Morgan, Lisa Gilmour,<br />

ABC Business Sales and Megan Tomalin, Small Business Accounting Tauranga.<br />

13 14 15<br />

13 Pete Wales, BOP Business News, Richard Steel, Richard Steel Consulting and Gillian Houser, Bay Venues. 14 Mydawny Nairn-Kusabs, Bridge-it NZ, Claudia Fischer and Michele<br />

Anderson, Oceanside Homes. 15 Hayley Clement, BMINZ and Dee Collins, Focus Magazine.<br />

PAULA LINES<br />

LL.B | Director<br />

ROTORUA<br />

1268 Arawa St<br />

Rotorua<br />

TAURANGA<br />

Virtual Office


24 <strong>BAY</strong> <strong>OF</strong> <strong>PLENTY</strong> <strong>BUSINESS</strong> <strong>NEWS</strong> <strong>April</strong>/<strong>May</strong> <strong>2020</strong><br />

Trusted to sell the Bay of Plenty’s finest homes<br />

and lifestyle properties.<br />

OLIVER ROAD ESTATE AGENTS LIMITED | LICENSED REAA 2008<br />

World Class Estate<br />

96 FREEBURN ROAD, PYES PA<br />

$2,250,000 4 bed 2 bath 3 car 374 m 2 3,040 m 2<br />

Redesign Your Life<br />

49 TE KARAKA DRIVE, WHAKAMARAMA<br />

$2,280,000 5 bed 4 bath 3 car 421 m 2 6,098 m2<br />

Redwood | Lodge & Cottage<br />

47C M<strong>OF</strong>FAT ROAD, BETHLEHEM<br />

SOLD! 6 bed 4 bath 8 car 372 m 2 8,987 m 2<br />

Luxury Matua Home & Income<br />

9 LEVERS ROAD, MATUA<br />

$2,475,000 5 bed 5 bath 2 car 411 m 2 1,467 m 2<br />

One of Tauranga’s Finest<br />

174C M<strong>OF</strong>FAT ROAD, BETHLEHEM<br />

$2,875,000 5 bed 5 bath 4 car 397 m 2 3,369m 2<br />

Luxury & Lifestyle<br />

420 MINDEN ROAD, TE PUNA<br />

$3,650,000 4+ bed 4 bath 3 car 597 m 2 9,026 m2<br />

Jason Eves 027 587 5509 Cameron Macneil 021 800 889 oliverroad.co.nz

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!