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December 2023 - Bay of Plenty Business News

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

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DECEMBER <strong>2023</strong> VOLUME 7: ISSUE 12<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

BBN <strong>2023</strong>: YEAR IN REVIEW<br />

Alan Neben reviews the topsy-turvy year that was and<br />

tracks the big <strong>Business</strong> <strong>News</strong> stories <strong>of</strong> <strong>2023</strong><br />

Pages 6-7<br />

ROTORUA <strong>2023</strong> BUSINESS AWARDS<br />

For the glitz and glamour from the Tompkins Wake Rotorua<br />

<strong>Business</strong> Awards <strong>2023</strong> and a full list <strong>of</strong> award winners<br />

Pages 20-21<br />

NEW APPOINTMENTS<br />

Organisations ring in a swathe <strong>of</strong> changes across the<br />

<strong>Bay</strong> as <strong>2023</strong> draws to a close<br />

Pages 22-23<br />

BUSINESS LEADERS<br />

REVIEW <strong>2023</strong>/2024<br />

> SPECIAL FOCUS<br />

Each <strong>December</strong>, <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> sits down with members <strong>of</strong> the business community<br />

and asks them about their experiences <strong>of</strong> the current environment. In this <strong>December</strong>’s Thought<br />

Leaders edition we hear from 12 prominent business people as they consider the prospects for their own businesses, their industry<br />

sectors and for the business community as a whole. See pages 8-19.<br />

Back row: Freddie Bennett – Titan Sky, Andrea Scatchard – Deloitte, Steven Matthews – Link <strong>Business</strong> Brokers, Lyndon Settle – Quayside Holdings, Ryan Storm – Royal Wolf, Andy Martin – Cooney Lees Morgan,<br />

Dr Wayne Beilby – PMG Funds. Front row: Kate Ashcr<strong>of</strong>t – Copeland Ashcr<strong>of</strong>t, Sarah Ashby – Jarden, Gareth Wallis – Tauranga City Council, Ezra Rentoul – Stratus Blue, Mark Wassung – Design Engine Architects.<br />

WE WANT YOU!<br />

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2024<br />

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BOOK YOUR PROFILE IN THE 2024 EDITION NOW FROM AS LITTLE AS $295 + GST<br />

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For more information, please get in touch – info@bopbusinessnews.co.nz


2 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

> THE PORTER REPORT<br />

A monthly update on the business<br />

world from leading writer David Porter<br />

CONTACT INFORMATION<br />

PUBLISHER<br />

Alan Neben, Ph: 021 733 536<br />

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

EDITORIAL<br />

Alan Neben, Ph: 021 733 536<br />

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

PRODUCTION – Copy/Pro<strong>of</strong>s/Graphic Design<br />

Times Media – Clare McGillivray<br />

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

ADVERTISING<br />

Pete Wales, Mob: 022 495 9248<br />

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

ELECTRONIC FORWARDING<br />

EDITORIAL<br />

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

editor@bopbusinessnews.co.nz<br />

GENERAL ENQUIRIES<br />

info@bopbusinessnews.co.nz<br />

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

<strong>of</strong> 8000, distributed throughout <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

between Waihi and Opotiki including Rotorua<br />

and Taupo, and to a subscription base.<br />

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

309/424 Maunganui Rd, Mt Maunganui, 3116<br />

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

in business publishing, advertising, design, print<br />

and electronic media services.<br />

www.bopbusinessnews.co.nz<br />

In case you<br />

missed last<br />

month’s edition<br />

Scan to<br />

subscribe<br />

OUR CROWDED SKIES<br />

> By DAVID PORTER<br />

I<br />

recall as a toddler being<br />

transfixed by the grainy<br />

black and white movies<br />

<strong>of</strong> humankind’s first explorations<br />

into space, culminating<br />

in the first landings on the<br />

moon.<br />

As we look up into our<br />

night sky, we may be deluded<br />

into thinking that we are still<br />

looking out onto a vast unexplored<br />

world.<br />

But leaving to one side the<br />

recently launched space telescope’s<br />

remarkable<br />

revelations<br />

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

the mysteries<br />

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

deep<br />

David Porter<br />

space, we have still managed<br />

to clutter up Earth’s near<br />

orbit to an amazing extent.<br />

According to a source published<br />

online, quoting the<br />

Index <strong>of</strong> Objects Launched<br />

into Outer Space – maintained<br />

by the United Nations<br />

Office for Outer Space<br />

Affairs (UNOOSA) – there<br />

were 11,330 individual satellites<br />

orbiting the Earth at<br />

the end <strong>of</strong> June <strong>2023</strong>. That is<br />

almost 40 percent up on January<br />

2022.<br />

That is in itself unsurprising<br />

given that 2022 saw the<br />

most objects ever launched<br />

into space in one year, with<br />

2,474 objects leaving the<br />

planet.<br />

However, as the report<br />

notes, in the first half <strong>of</strong> <strong>2023</strong><br />

there have already been more<br />

than 1,000 objects launched,<br />

so the numbers are likely to<br />

keep going up.<br />

Even here in New Zealand<br />

we can lay claim to our own<br />

space launch station, the<br />

Rocket Lab Launch Complex,<br />

located near Ahuriri<br />

Point at the southern tip<br />

<strong>of</strong> Māhia Peninsula.<br />

International<br />

protocols<br />

Keep in mind there are various<br />

international protocols<br />

involved in gaining permission<br />

to launch a satellite.<br />

But still, the growth in the<br />

industry is staggering. Since<br />

2018 there have been more<br />

objects launched into space<br />

than in the previous 60 years<br />

<strong>of</strong> the space industry.<br />

And according to Encyclopaedia<br />

Britannica fact checkers,<br />

space debris – that is artificial<br />

material orbiting the<br />

earth that is no longer functional<br />

– represents a staggering<br />

problem.<br />

Much <strong>of</strong> the debris is in<br />

low Earth orbit, within 2,000<br />

km <strong>of</strong> Earth’s surface, though<br />

some debris can be found in<br />

geostationary orbit around<br />

35,000 km above the equator.<br />

As <strong>of</strong> 2021, the United States<br />

Space Surveillance Network<br />

was tracking more than<br />

15,000 pieces <strong>of</strong> space debris<br />

larger than 10cm across.<br />

According to their article,<br />

there are about 200,000<br />

pieces between 1 and 10cm<br />

across and that there could<br />

be millions <strong>of</strong> pieces smaller<br />

than 1cm. How long a piece<br />

<strong>of</strong> space debris takes to fall<br />

back to Earth depends on its<br />

altitude.<br />

Because <strong>of</strong> the high speeds<br />

at which objects orbit Earth<br />

(up to 8 km per second), a collision<br />

with even a small piece<br />

<strong>of</strong> space debris can damage<br />

a spacecraft. For example,<br />

space shuttle windows have<br />

<strong>of</strong>ten had to be replaced<br />

because <strong>of</strong> collision with<br />

debris collisions with objects<br />

smaller than 1mm (0.04 inch).<br />

You may have wondered<br />

to what extent the internet<br />

services we have all come to<br />

rely upon may be affected<br />

by this curious dump site we<br />

have created in near space.<br />

As with so many things, it all<br />

comes down to money.<br />

As a sailor I have long<br />

depended upon GPS navigation<br />

for sea voyages. Thankfully<br />

satellites provide access<br />

for locations that have no<br />

cables running anywhere<br />

close such as ships, oil platforms,<br />

aircraft, overland<br />

expeditions … and my yacht.<br />

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<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 3<br />

Toi Ohomai recognised at<br />

Defence Force Awards<br />

Toi Ohomai | Te Pūkenga has been recognised<br />

for its commitment to kaimahi at the annual<br />

Minister <strong>of</strong> Defence Force’s <strong>2023</strong> Tohu Awards.<br />

Run by the Defence<br />

Employer Support Council<br />

(DESC), the annual awards<br />

<strong>of</strong>ficially acknowledge how<br />

employers <strong>of</strong> Reserve Force and<br />

Cadet Force Officers are vital<br />

to Defence Force effectiveness,<br />

enabling attendance <strong>of</strong> training,<br />

fulfilment <strong>of</strong> deployment opportunities<br />

and supplementation to<br />

Regular Force members.<br />

The awards recognise that<br />

employers also benefit in employing<br />

and supporting members <strong>of</strong><br />

the Reserve and Cadet Force Officers,<br />

as well as Limited Service<br />

Volunteer Graduates, as the training<br />

they received through the<br />

NZDF helps develop and sharpen<br />

their skills in leadership, teamwork,<br />

communication, discipline,<br />

planning and management.<br />

Toi Ohomai |Te Pūkenga, was<br />

named the Employer <strong>of</strong> the Year,<br />

and was nominated by Major Eli<br />

Crawshaw, an automotive tutor<br />

and a Cadet Force Officer. In the<br />

nomination, it stated that Eli’s<br />

commendable service was made<br />

possible through the institute’s<br />

commitment to the New Zealand<br />

Cadet Forces (NZCF). The judges<br />

said the institution had consistently<br />

provided support to Eli<br />

and the Cadet Units in the Western<br />

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

The recognition extends<br />

beyond a mere acknowledgment<br />

<strong>of</strong> employer support.<br />

“Toi Ohomai | Te Pūkenga has<br />

human resources policies that<br />

prioritise service in the organisation<br />

and recognise the value <strong>of</strong><br />

skills obtained through the NZCF<br />

training program, regularly utilising<br />

skills gained from NZCF in the<br />

workplace,” judges said. “Leadership<br />

and guidance provided<br />

by line managers at Toi Ohomai<br />

| Te Pūkenga have been instrumental<br />

in helping MAJ Crawshaw<br />

achieve success in his role as a<br />

senior Cadet Force Officer.”<br />

Toi Ohomai | Te Pūkenga<br />

Associate Dean Dan Taylor says<br />

the institute values its kaimahi<br />

Toi Ohomai | Te Pūkenga Associate Dean Dan Taylor (centre) accepts the Employer <strong>of</strong> the Year Award at the <strong>2023</strong> Tohu Awards.<br />

(staff), and says it was humbling<br />

to accept the award on behalf <strong>of</strong><br />

the organisation.<br />

“As Eli’s line manager, I was<br />

able to accept this award. I’ve<br />

seen first-hand Eli’s dedication<br />

and commitment, not only to Toi<br />

Ohomai but also in his role as<br />

a Cadet Force Officer. It’s great<br />

that we have been acknowledged<br />

for our attentive and responsive<br />

approach to the needs <strong>of</strong> our<br />

kaimahi.”<br />

Dan says all employers who<br />

were nominated spoke about<br />

people who have volunteer roles<br />

outside <strong>of</strong> their main employment<br />

and the exceptional value<br />

they bring to their respective<br />

organisations.<br />

Encouraging volunteer work<br />

and social contributions, Dan<br />

says, leads to diligent, high-performing<br />

employees in the<br />

workplace.<br />

“They bring these skills and<br />

their values into our organisation,<br />

which is hugely valuable.”<br />

Toi Ohomai | Te Pūkenga’s<br />

recognition as the New Zealand<br />

Cadet Force Officer Employer <strong>of</strong><br />

the Year highlights the institution’s<br />

commitment to fostering<br />

positive relationships between<br />

employers and members <strong>of</strong> the<br />

Reserve and Cadet Force Officers,<br />

contributing significantly<br />

to the overall effectiveness <strong>of</strong> the<br />

Defence Force.<br />

Take control <strong>of</strong> your future.<br />

Now is a good time to sell.<br />

0800 225 999<br />

L I N K B U S I N E S S . C O . N Z<br />

Great Culture, Strong Financials, Great Reputation<br />

Tauranga<br />

With a rich history dating back to its<br />

establishment in 1992, this Electrical<br />

Services provider has earned an<br />

impeccable reputation that reflects the<br />

business’s commitment to excellence.<br />

Vendors are committed to providing<br />

extensive support throughout the<br />

handover process to a new owner<br />

$2,595,000<br />

· 30+ years <strong>of</strong> success, market<br />

leader<br />

· Strong financial results<br />

· Cash surplus approx $969k<br />

· Wide range <strong>of</strong> services<br />

· Key management staff in place<br />

linkbusiness.co.nz/BOP00650<br />

Steve Catley 021 341 117<br />

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

Import & Distribution, Highly Pr<strong>of</strong>itable, Potentially Relocatable<br />

Tauranga<br />

Established in 2018, this thriving business<br />

started with a narrow range <strong>of</strong> products<br />

for a niche sector in the leisure market.<br />

Since then it has expanded its range with<br />

a selection <strong>of</strong> quality products and now<br />

holds a significant and growing market<br />

share.<br />

· Highly Pr<strong>of</strong>itable<br />

· Low staff numbers<br />

· Mainly B2B<br />

· Simple to operate<br />

· SDE $469,756<br />

$1,300,000<br />

linkbusiness.co.nz/BOP00647<br />

Roger Brockelsby 027 919 5478<br />

roger.brockelsby@linkbusiness.co.nz<br />

Price Reduction! Long Established & Reputable Manufacturing<br />

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

Backed by a 65+ year old brand, this<br />

franchise business is a <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

staple! Specialising in a niche sector <strong>of</strong><br />

the design and manufacturing industry,<br />

this business <strong>of</strong>fers high-quality, tailored<br />

solutions to meet a range <strong>of</strong> needs.<br />

An extensive product range has seen the<br />

franchise secure a loyal & diverse clientele.<br />

$699,000<br />

· Prime, central location<br />

· Qualified & tight knit team<br />

· Robust proven franchise system<br />

· Comprehensive marketing<br />

· Ample exciting growth<br />

opportunities<br />

linkbusiness.co.nz/BOP00629<br />

Mike Fraser 021 932 633<br />

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

Beachfront 5 Star Accommodation <strong>Business</strong> & FH Apartment<br />

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

Ohope Beach Resort - a 31 apartment<br />

resort, built to exacting standards with<br />

quality amentities. Two aspects to income<br />

stream - Building Manager, plus managing<br />

investment owners’ apartments in the<br />

hotel letting pool.<br />

$1,399,000<br />

· Fantastic Ohope Beach/<br />

Harbour location<br />

· Exceptional lifestyle & lucrative<br />

business!<br />

· Consistent occupancy<br />

· 2 bed/2 bath owner apartment<br />

linkbusiness.co.nz/EL04276<br />

Lindsay Sandes 021 895 940<br />

lindsay.sandes@linkbusiness.co.nz<br />

Home and Income! $1,070,000<br />

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

· Immaculate 3 bedroom, 2 bathroom home<br />

· Guaranteed income from management rights<br />

· Close to beach and shops<br />

· Flexible hours ensure a great lifestyle<br />

linkbusiness.co.nz/BOP00605<br />

Nols Bertram 027 238 1450<br />

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

Well Established Jeweller $528,000<br />

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

· Specialising in Jewellery and watch repairs<br />

· Well setup store with affordable Rent<br />

· Earning $165,000 per year<br />

· Room to grow<br />

linkbusiness.co.nz/BOP00659<br />

Neil Cammell 027 2133 100<br />

neil.cammell@linkbusiness.co.nz<br />

Pr<strong>of</strong>itable Gift Store $390,000<br />

Whakatane<br />

· Presentables Gift Store in the heart <strong>of</strong><br />

Whakatane<br />

· Purpose built store in main shopping area<br />

· Wide range <strong>of</strong> products<br />

· Large customer following from all over BOP<br />

linkbusiness.co.nz/BOP00660<br />

Ray Owens 027 840 9274<br />

ray.owens@linkbusiness.co.nz<br />

Automotive Workshop $225,000<br />

Tauranga<br />

· Specialises in euro cars<br />

· Excellent tools & equipment<br />

· Healthy earnings to owner<br />

· Large customer base<br />

linkbusiness.co.nz/BOP00637<br />

Nols Bertram 027 238 1450<br />

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

Event Equipment & Marquee Hire $420,000<br />

Tauranga<br />

· Event equipment and marquee hiring<br />

· Events range from weddings and other events<br />

· Includes all furniture and other items required<br />

for weddings<br />

· Exclusive to affluent Waikato & BOP regions<br />

linkbusiness.co.nz/BOP00651<br />

Peter McAdam 021 841 691<br />

peter.mcadam@linkbusiness.co.nz<br />

Curious to know<br />

the value <strong>of</strong> your<br />

business?<br />

Find out more at<br />

linkbusiness.co.nz/business-value-calculator<br />

All LINK NZ <strong>of</strong>fices are licensed REAA 2008


4 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

Wai Ariki lauded with highest<br />

honour at design awards<br />

Rotorua’s new luxury spa, Wai Ariki Hot Springs and Spa,<br />

has been nationally recognised for its eye-catching,<br />

innovative design, winning three accolades in this year’s<br />

Designers Institute Awards.<br />

When planning first began nearly<br />

a decade ago, Pukeroa Lakefront<br />

Holdings Limited (PLHL), which<br />

owns Wai Ariki, laid down a design wero<br />

(challenge) for the creation <strong>of</strong> a culturally,<br />

architecturally, experiential and beautiful<br />

space.<br />

Architecture and design firm, RCG,<br />

responded to that wero and its innovation<br />

and efforts have now been rewarded with<br />

a prestigious Purple Pin for Best Overall<br />

Design in the Spatial Section, and two Gold<br />

Pins in the Public, Private & Institutional,<br />

and Healthcare and Wellbeing categories.<br />

The Gold Pin is coveted as it represents<br />

the winner in each category, but it’s only<br />

the best piece <strong>of</strong> design in each discipline<br />

that is given the supreme Purple Pin, being<br />

held up as work that raises the bar <strong>of</strong><br />

New Zealand design.<br />

PLHL Chairman, David Tapsell, says the<br />

design acknowledgements are a testament<br />

to the truly unique space RCG helped create<br />

for Wai Ariki Hot Springs and Spa.<br />

“When manuhiri walk through the<br />

doors at Wai Ariki, they have a visual and<br />

sensory experience, with the physical<br />

space combining the area’s geothermal<br />

legacy with our authentic Ngāti Whakaue<br />

story. There is nowhere else in the world<br />

where one can have that same experience<br />

and RCG have done a fantastic job <strong>of</strong> bringing<br />

our vision to life.<br />

“Wai Ariki is a fitting and striking addition<br />

to the newly transformed Rotorua<br />

lakefront. We are proud to be playing a key<br />

role in lifting Rotorua’s tourism <strong>of</strong>fering,<br />

which is critical for our city’s build-back<br />

after Covid. Wai Ariki has now been recognised<br />

at the highest level by Designers<br />

Institute and all <strong>of</strong> Rotorua can be proud<br />

<strong>of</strong> this.”<br />

The physical design <strong>of</strong> Wai Ariki Hot<br />

Springs and Spa is inspired by Ngāti<br />

Whakaue cultural narratives. It is infused<br />

with local whakairo (Māori carvings) and<br />

reflects the volcanic colour palette <strong>of</strong> the<br />

rohe. RCG Director, John Lenihan says<br />

the team is delighted and humbled by the<br />

Designers Institute Awards.<br />

“This kaupapa means so much to PLHL<br />

and Ngāti Whakaue – and all <strong>of</strong> us as a<br />

result. We have worked with Pukeroa<br />

Oruawhata for 30 years and the development<br />

<strong>of</strong> Wai Ariki Hot Springs and Spa is<br />

a significant highlight in that longstanding<br />

relationship. It was fully guided by them<br />

and Ngāti Whakaue cultural experts as<br />

mana whenua.<br />

“Wai Ariki Hot Springs and Spa is<br />

unique globally and is already getting significant<br />

worldwide attention. We are literally<br />

ecstatic that the development has been<br />

<strong>of</strong>ficially acknowledged in this way,” says<br />

Mr Lenihan.<br />

Wai Ariki <strong>of</strong>fers two exclusive spa areas<br />

– Te Āhuru Mōwai (Sanctuary), a premium<br />

space for bathing and spa treatments, and<br />

Wai Whakaora (Restorative Journey) a cultural<br />

thermal wellness experience. Both<br />

have been specifically designed to deliver<br />

maximum well-being benefits, building on<br />

the centuries-old healing practices <strong>of</strong> Ngāti<br />

Whakaue.<br />

At <strong>Bay</strong>leys, 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 />

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

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

Contact the <strong>Bay</strong>leys Tauranga Commercial Property Management team today.<br />

<strong>Bay</strong>leys Tauranga<br />

Commercial Property Management<br />

07 579 0609<br />

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

SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008<br />

Residential / Commercial / Rural / Property Services


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 5<br />

<strong>Business</strong> confidence in<br />

Rotorua soars by nearly 50%<br />

– promising trend revealed<br />

RotoruaNZ, in collaboration with the Rotorua <strong>Business</strong><br />

Chamber, has released the fourth Rotorua <strong>Business</strong> Pulse<br />

Survey results, highlighting the evolving sentiments <strong>of</strong><br />

Rotorua’s business leaders.<br />

The latest survey reveals a significant<br />

upswing in forward-looking business<br />

confidence, with an impressive<br />

increase <strong>of</strong> nearly 50% compared with the<br />

April survey findings. This surge in confidence<br />

reflects Rotorua’s resilience and<br />

adaptability, showcasing a positive trajectory<br />

for the local business community.<br />

The Rotorua <strong>Business</strong> Pulse initiative<br />

continues to serve as a key barometer for<br />

assessing the health <strong>of</strong> the local economy,<br />

providing a valuable platform for business<br />

leaders to convey their insights. The most<br />

recent survey, conducted from October<br />

18th to November 5th, saw active participation<br />

from 108 Rotorua-based businesses,<br />

contributing to the dataset underpinning<br />

these findings.<br />

Andrew Wilson, Chief Executive <strong>of</strong><br />

Rotorua NZ, said “the findings from this<br />

survey reaffirm Rotorua’s potential as a<br />

thriving place to do business. This surge<br />

in confidence reflects the resilience <strong>of</strong> our<br />

local businesses and their readiness to<br />

embrace opportunities in an ever-evolving<br />

economic landscape.”<br />

Bryce Heard, Chief Executive <strong>of</strong> the<br />

Rotorua Chamber, echoed these sentiments,<br />

saying, “The survey results are a<br />

testament to the collaborative spirit <strong>of</strong><br />

our business community and its ability to<br />

adapt to changing circumstances. Rotorua<br />

is poised for growth and prosperity, and<br />

this renewed confidence is a clear indication<br />

<strong>of</strong> that.”<br />

As part <strong>of</strong> this initiative, a comprehensive<br />

dashboard has been developed to<br />

provide a user-friendly platform for stakeholders<br />

to access and analyse the survey<br />

data. This resource will help community<br />

leaders, businesses, and policymakers<br />

make informed decisions and monitor<br />

Rotorua’s economic pulse.<br />

Notable trends highlighted in the survey<br />

include an optimistic outlook for the<br />

next year, likely driven by factors such as<br />

recent government changes, a heightened<br />

focus on reputation rebuilding for talent<br />

attraction, increased infrastructure investment,<br />

and a significant uptick in the adoption<br />

<strong>of</strong> AI technology by local businesses,<br />

with a growth rate <strong>of</strong> over 50%.<br />

These positive findings underscore<br />

Rotorua’s resilience and potential for<br />

growth, setting the stage for a prosperous<br />

future for the local business community.<br />

“We know that CSR is increasingly<br />

important to companies and their<br />

employees. Acorn <strong>of</strong>fers tailored solutions<br />

to help local businesses achieve<br />

their corporate giving goals,” says<br />

Emily Goulding, Acorn’s Corporate &<br />

Community Giving Manager.<br />

“There are so many ways to give<br />

through Acorn: corporate scholarships,<br />

employee workplace giving, corporate<br />

endowment funds... It’s all about boosting<br />

<strong>of</strong>fice morale and showing your<br />

company cares about the communities<br />

you work in.”<br />

As an established funder in the<br />

WBOP with 20 years’ local expertise,<br />

the Acorn Foundation has its ‘finger<br />

on the pulse’ and can give useful guidance<br />

when it comes to choosing charity<br />

recipients.<br />

“At Acorn, we do all the due diligence<br />

as part <strong>of</strong> our annual funding<br />

round, where we assess dozens <strong>of</strong> funding<br />

applications from local charities.<br />

So, we know which local groups are<br />

doing the most vital work in our communities,”<br />

says Emily.<br />

SPONSORED<br />

CORPORATE GIVING MADE EASY<br />

WITH THE ACORN FOUNDATION<br />

More than 14 local businesses – large and small – are<br />

choosing to give back to the community via the<br />

WBOP’s Community Foundation: the Acorn Foundation.<br />

Why? Because it’s local giving, for local causes.<br />

For several years in a row, Acorn has<br />

facilitated charitable donations from<br />

local branches <strong>of</strong> ASB Bank and Craigs<br />

Investment Partners at Christmas.<br />

“Though we find that Christmas is<br />

a popular time <strong>of</strong> the year for companies<br />

to donate to charity, we<br />

facilitate corporate giving<br />

year-round,” says Emily.<br />

“I would encourage any<br />

company with a community<br />

focus to contact<br />

Acorn Foundation to<br />

discuss how we could<br />

help your business<br />

implement a corporate<br />

giving scheme that<br />

suits you.”<br />

Emily Goulding,<br />

Acorn’s<br />

Corporate &<br />

Community<br />

Giving<br />

Manager.<br />

Learn more at: acornfoundation.org.nz/corporate-giving<br />

Proudly providing expert advice and<br />

adding value to projects across the<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> since 1940.<br />

To experience Cheal’s award winning service,<br />

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+64 7 349 8470 | info@cheal.co.nz |


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6 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

<strong>2023</strong>: THE YEAR IN REVIEW<br />

As <strong>2023</strong> draws to a close there remains a pervasive feeling <strong>of</strong> uncertainty and nervousness<br />

amongst <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> businesspeople. There are on-going challenges from inflation, high<br />

interest rates, an uncertain property market, labour shortages and global political instability.<br />

Over the last 12 months we have provided<br />

readers with on-going analysis<br />

<strong>of</strong> the performance <strong>of</strong> the local business<br />

economy, reporting the facts, and providing<br />

expert opinion.<br />

As in 2022, for every challenge that <strong>2023</strong><br />

has thrown at us, the local business community<br />

has adapted to not only survive, but to<br />

thrive.<br />

In this BBN <strong>2023</strong> Year in Review, we step<br />

through the highlights <strong>of</strong> the last 12 months<br />

<strong>of</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> as we look<br />

forward hopefully to a 2024 that will bring<br />

more certainty and stability.<br />

ALAN NEBEN is a Mount Maunganui<br />

local and an experienced New Zealand<br />

publisher. He can be reached at<br />

alan@bopbusinessnews.co.nz<br />

TICKETS<br />

ON SALE<br />

NOW!<br />

JANUARY <strong>2023</strong> VOLUME 7: ISSUE 1<br />

THE SHINE<br />

COLLECTIVE:<br />

CELEBRATING<br />

10 YEARS – P5<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

ECONOMIC<br />

PROSPECTS<br />

IN <strong>2023</strong><br />

R<br />

By DAVID PORTER<br />

eserve Bank <strong>of</strong> New Zealand Governor<br />

Adrian Orr’s gloomy warnings<br />

late last year saw him talking up the<br />

prospects <strong>of</strong> a dismal <strong>2023</strong> economy and<br />

stressing the need to curb inflation.<br />

But it wasn’t just a call for businesses<br />

to slow things down: he also warned the<br />

government to ease back on spending.<br />

That will be difficult to do for the<br />

Labour Government when all the recent<br />

polls suggest it will face real problems<br />

winning the next election, and it has committed<br />

to maintaining generous spending to<br />

avoid defeat. The dismal economic predictions<br />

have also highlighted the country’s<br />

labour problems, and given the opposition<br />

parties a renewed opportunity to pitch their<br />

wares for the next election.<br />

It is ironic <strong>of</strong> course that Orr himself<br />

could be considered a major cause <strong>of</strong> the<br />

The chances are growing<br />

that the Reserve Bank<br />

has over-cooked policy<br />

restraint after keeping<br />

things too easy.”<br />

– Tony Alexander<br />

inflation problem, given the government<br />

effectively encouraged him to relax spending<br />

controls to reduce pain for the beleaguered,<br />

Covid 19-affected electorate.<br />

The reality now is that New Zealand<br />

inflation is estimated at 7.2 percent, well<br />

above what was typically considered<br />

extreme.<br />

‘WORLD-CLASS<br />

EXPERIENCE’ –<br />

TRUSTPOWER<br />

BAYPARK – P9<br />

Facing up to economic reality<br />

Orr appeared before Parliament’s Finance<br />

and Expenditure Select Committee late<br />

last year and effectively apologised for<br />

the state <strong>of</strong> interest rates, blaming the<br />

international situation. New Zealand had<br />

been buffeted by “very significant economic<br />

shocks” – namely Covid-19 supply<br />

chain disruptions and Russia’s invasion<br />

<strong>of</strong> Ukraine. And the bank was expecting<br />

well above its 1-3 percent target range, he<br />

acknowledged.<br />

Green Party MP Chlöe Swarbrick<br />

reportedly asked Orr if commentary suggesting<br />

the Reserve Bank was “deliberating<br />

engineering a recession” to tame inflation<br />

was correct.<br />

“We are deliberately trying to slow<br />

aggregate spending in the economy,” he<br />

responded.<br />

Continued on page 3<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

FIRST ON THE<br />

SCENE: TAURANGA<br />

BUSINESS<br />

AWARDS – P13<br />

24 MARCH –<br />

2 APRIL <strong>2023</strong><br />

See page 9<br />

FEBRUARY <strong>2023</strong> VOLUME 7: ISSUE 2<br />

WWW.BOPBUSINESSNEWS.CO.NZ FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

1<br />

WOMEN LEADING BAY BUSINESS<br />

This month, we pr<strong>of</strong>ile some <strong>of</strong> the many women<br />

who are making a difference in the <strong>Bay</strong>’s business<br />

community. >> Pages 10-16<br />

cover story<br />

Taking the music to the people<br />

2<br />

10<br />

We talk to two inspirational<br />

local business women about<br />

their goal <strong>of</strong> lifting the pr<strong>of</strong>ile<br />

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

Opus Orchestra in the<br />

community (see pages 10-11)<br />

3<br />

12 13<br />

9<br />

4<br />

5 6<br />

7<br />

8<br />

11<br />

MARCH <strong>2023</strong> VOLUME 7: ISSUE 3<br />

THE<br />

BONODLEYS<br />

BBN Franchising columnist<br />

Nathan Bonney sets himself a<br />

new challenge for <strong>2023</strong>. See p5<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

RUNNING 100<br />

MILES NON-STOP:<br />

BBN’s Mining <strong>Business</strong> Wealth<br />

columnist Freddie Bennett<br />

considers the lessons. See p9<br />

ZESPRI’S<br />

ANNUS<br />

HORRIBILIS<br />

CONTINUES<br />

Kiwifruit growers have been dealt<br />

another body blow this summer with<br />

Zespri’s announcement <strong>of</strong> further<br />

reductions in payouts.<br />

Richard Rennie investigates, see page 5.<br />

APRIL <strong>2023</strong> VOLUME 7: ISSUE 4<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

EASTERN BAY POWERS UP<br />

PROJECT TO GROW MUSSEL SPAT<br />

By RICHARD RENNIE<br />

avid Ross CEO <strong>of</strong> Kotahi, the<br />

country’s largest supply chain<br />

Dcompany says it is not a lack<br />

<strong>of</strong> shipping capacity to New Zealand,<br />

but port capacity issues and low levels<br />

<strong>of</strong> labour availability across the<br />

supply chain impacting upon port<br />

operations.<br />

“In addition ports don’t currently<br />

have the extra capacity and flexibility<br />

to be able to absorb peaks and troughs<br />

in product demand or to manage<br />

external disruption such as the recent<br />

weather events. When you add these<br />

to a system at capacity, they tend to<br />

amplify the problem.”<br />

He welcomed the work by ports<br />

across the country to bring back fixed<br />

berthing windows for ship calls from<br />

March 6 to firm up scheduled arrival<br />

times.<br />

“It is good to see Port <strong>of</strong> Tauranga<br />

doing well to date, as evidenced by<br />

the queues <strong>of</strong> waiting ships dropping<br />

to virtually zero. However, there is<br />

more work to do at a network system<br />

level.”<br />

Ship numbers laid up awaiting<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

Port jam likely to linger<br />

Congestion at Port <strong>of</strong> Tauranga and beyond bought on by capacity limits, delays to expansion and<br />

a busy export season threaten the flow <strong>of</strong> goods out <strong>of</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> over coming months.<br />

berthing have been at near record<br />

highs in recent months, with Vessel<br />

Finder reporting as many as 17 at<br />

anchor at any one time earlier this<br />

year.<br />

Port reliability in New Zealand<br />

has been firmly in the spotlight, with<br />

Maersk’s head <strong>of</strong> Oceania Region<br />

recently reporting the region’s schedule<br />

reliability at 39%, lagging behind<br />

the rest <strong>of</strong> the world at 53%.<br />

But Ross said Kotahi’s data indicated<br />

that reliability was even lower<br />

for New Zealand at only 15%.<br />

He expected the return to fixed<br />

berth scheduling would also bring a<br />

level <strong>of</strong> disruption in the short term,<br />

meaning tough decisions from carriers<br />

to omit ports or skip sailings.<br />

Continued on page 3<br />

MEETINGS | CONFERENCES | EXHIBITIONS | ENTERTAINMENT<br />

1: Adrienne Mikkelsen, Property Indepth. 2: Fiona McTavish, BOPRC. 3: Jade Maddox, Bloom Co. 4: Bronwyn Rhynd, CKL. 5: Paula Lines, The Law Shop. 6: Mel Lewis, Stratum Consultants. 7: Meg Jones, The Shine<br />

Collective. 8: Bridget Snelling, Xero New Zealand. 9: Shima Grace, Sharp Tudhope Lawyers. 10: Meg Davis, Priority One. 11: Marissa Nikora, Priority One. 12: Bronya Dean, Opus Orchestra. 13: Gillian Houser, Opus Orchestra.<br />

MEETINGS | CONFERENCES | EXHIBITIONS | ENTERTAINMENT<br />

MEETINGS | CONFERENCES | EXHIBITIONS | ENTERTAINMENT<br />

MEETINGS | CONFERENCES | EXHIBITIONS | ENTERTAINMENT<br />

> JANUARY <strong>2023</strong><br />

Enquire Today!<br />

trustpowerbaypark.co.nz<br />

Our economic commentary team led<br />

<strong>2023</strong> with their predictions for the<br />

economy in the year ahead – their<br />

views noted Reserve Bank Governor<br />

Adrian Orr’s strategy for slowing the<br />

economy at the time, and some even<br />

predicted a likely defeat <strong>of</strong> the Labour<br />

Government in the <strong>2023</strong> general<br />

election later in the year. Senior<br />

reporter David Porter warned <strong>of</strong> the<br />

dangerous impacts presented by the<br />

global climate crisis in his January<br />

Porter Report – a prophetic warning,<br />

given the catastrophic impacts <strong>of</strong><br />

Cyclone Gabrielle which arrived a<br />

month later.<br />

> FEBRUARY <strong>2023</strong><br />

Enquire Today!<br />

trustpowerbaypark.co.nz<br />

For those dinosaurs still mired in the<br />

thinking <strong>of</strong> old that business is a menonly<br />

club, BBN’s February Women<br />

Leading <strong>Bay</strong> <strong>Business</strong> feature edition<br />

pointedly dispelled the myth. The special<br />

report highlighted 13 women who were<br />

all making unique contributions to<br />

business in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>. Watch out<br />

for the new crop in our February 2024<br />

update <strong>of</strong> Women Leading <strong>Bay</strong> <strong>Business</strong>.<br />

We bought the advent <strong>of</strong> open AI to the<br />

fore back in our February <strong>2023</strong> issue<br />

as TechTalk columnist Yvonne Blanch<br />

presented our first column (that we’re<br />

aware <strong>of</strong>) written using Chat GPT – an<br />

ominous sign for the future perhaps?<br />

> MARCH <strong>2023</strong><br />

Enquire Today!<br />

trustpowerbaypark.co.nz<br />

While most stories in the March<br />

issue focused on the impacts<br />

<strong>of</strong> Cyclone Gabrielle on the<br />

BOP region, <strong>Business</strong> <strong>News</strong><br />

journalist Richard Rennie<br />

looked in-depth at the effect<br />

on Kiwifruit growers dealt<br />

another body blow with<br />

Zespri’s announcement<br />

<strong>of</strong> further reductions in<br />

payouts. Popular <strong>Business</strong><br />

<strong>News</strong> columnist Freddie<br />

Bennett talks through<br />

the lessons to be learned<br />

from running 100 miles<br />

non-stop.<br />

> APRIL <strong>2023</strong><br />

Enquire Today!<br />

trustpowerbaypark.co.nz<br />

In April we investigated the congestion<br />

at Port <strong>of</strong> Tauranga bought on<br />

by capacity limits, delays to<br />

expansion and a busy export<br />

season and the threats this<br />

was posing to the flow<br />

<strong>of</strong> goods out <strong>of</strong> <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> in <strong>2023</strong>. We<br />

also announced NZ’s<br />

largest mass timber<br />

<strong>of</strong>fice was building<br />

coming to town: The<br />

future home <strong>of</strong> Tauranga<br />

City Council’s administration<br />

staff at 90 Devonport Road.<br />

MAY <strong>2023</strong> VOLUME 7: ISSUE 5<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

AUSTRALIA<br />

CHANGES<br />

COULD<br />

STRESS<br />

KIWI JOB<br />

MARKET<br />

PAGE 4<br />

China tests its<br />

international reach<br />

PAGE 5<br />

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MAY <strong>2023</strong><br />

Talent ID are strong advocates <strong>of</strong> the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> region and all that is on <strong>of</strong>fer.<br />

We combine extensive local knowledge and expertise with national reach and connections.<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

With demand for labour already under<br />

extreme pressure here in the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>, David Porter asks local business<br />

experts about the impact <strong>of</strong> changes<br />

to Australia’s policy on pathways to<br />

citizenship. Their predictions: the<br />

outcomes may not all be rosy. See page 3<br />

PAGE 10<br />

Does your bach have<br />

a hidden GST cost?<br />

Our May edition explored changes to<br />

Australia’s immigration rules: with<br />

demand for labour already under<br />

extreme pressure in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>,<br />

David Porter asked local business experts<br />

about the impact <strong>of</strong> changes to Australia’s<br />

policy on pathways to citizenship. Their<br />

predictions were that the outcomes will<br />

not all be rosy. Sticking with the ANZAC<br />

theme, I tackled the challenging issue<br />

<strong>of</strong> coming to grips with holiday trading<br />

regulations – still confused.<br />

JUNE <strong>2023</strong> VOLUME 7: ISSUE 6<br />

T<br />

SPECIAL<br />

FOCUS<br />

By DAVID PORTER<br />

he Labour Government’s recently<br />

announced budget contained few real<br />

surprises.<br />

In itself, that was hardly unusual – we are<br />

heading towards an ever-tightening national<br />

election campaign later this year, so perhaps<br />

understandably the government’s main aim<br />

was to exude calm. Or as Craigs Investment<br />

Partners’ economist Mark Lister said during a<br />

post-budget event analysis held in cooperation<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

WEALTH<br />

BUILDERS<br />

with the Tauranga <strong>Business</strong> Chamber, to put it<br />

cynically, members <strong>of</strong> the government would<br />

like to keep their jobs.<br />

“It was pitched as ‘no frills’,” said Lister.<br />

“But it was quite stimulating. There was less<br />

money to spend and more debt will be issued.”<br />

KPMG tax partner Rob Hill, who co-hosted<br />

the Craigs’ analysis, added Labour seemed to be<br />

retaining their post-election tax policies.<br />

Of course strictly speaking, not all members<br />

<strong>of</strong> the Labour government are guaranteed<br />

to keep their jobs. Labour has already seen two<br />

50%<br />

defections from their allied ranks, which is<br />

hardly an inspiring look for a government going<br />

into an election.<br />

Put your money to work<br />

For ideas on putting your money to<br />

work and building wealth in <strong>2023</strong><br />

see our Wealth Builders feature<br />

pages 7-10<br />

BUDGET REVIEW: FEW SURPRISES<br />

The coming period was likely, Lister suggested,<br />

to be a good time to put your money to work.<br />

“You don’t want to buy when everything is at an<br />

all-time high.”<br />

Chartered Accountants New Zealand country<br />

head Peter Vial, in his summary, indicated that<br />

<strong>2023</strong><br />

in his interpretation the Treasury was no longer<br />

forecasting a recession, but added that a return<br />

to a surplus had been deferred by one year to<br />

2025-26. “We were promised a ‘no frills, bread<br />

and butter’ Budget and that is what we have<br />

got,” he says.<br />

Dropping the $5.00 prescription charge was<br />

a no-brainer but let us not forget that several<br />

major pharmacy brands have already knocked<br />

<strong>of</strong>f the charge in the interest <strong>of</strong> business-building;<br />

basically the charge is a small tax and<br />

Continued on page 3<br />

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JUNE <strong>2023</strong><br />

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@danishfurniture www.danishfurniture.nz<br />

The June <strong>2023</strong> edition <strong>of</strong> <strong>Business</strong> <strong>News</strong><br />

was a distinctly finance focused issue.<br />

We launched a new annual feature:<br />

Wealth Builders, in which we reached<br />

out to finance specialists across the<br />

region for their advice and tips for local<br />

businesspeople on building wealth. We<br />

also reviewed the Labour Government’s<br />

recent budget and assessed the impacts<br />

for local businesses, and we had a report<br />

from <strong>Business</strong> <strong>News</strong> journalist Richard<br />

Rennie on his trade trip to South Korea.<br />

> JUNE <strong>2023</strong><br />

YEAR<br />

BOOK<br />

<strong>2023</strong><br />

SUSTAINABILITY EDITION<br />

AIR | LAND | SEA<br />

YEAR<br />

BOOK<br />

CELEBRATING BAY BUSINESS | <strong>2023</strong><br />

SUSTAINABILITY EDITION<br />

AIR | LAND | SEA<br />

YEAR BOOK <strong>2023</strong> | 1<br />

> Little did we know back in January <strong>2023</strong> the challenges that<br />

would be confronting local businesses by mid-<strong>2023</strong>: inflation<br />

running at 6.7%, mortgage interest rates <strong>of</strong> 7.25%, unprecedented<br />

roading, health and housing infrastructure issues, record rainfall<br />

and flooding and underlying it all, a feeling <strong>of</strong> uncertainty and<br />

nervousness. Yet despite the uncertainties, there was a broad<br />

cross-section <strong>of</strong> inspiring business success stories in the Year<br />

Book. We are confident the winds will change – we’re living in a<br />

great place to harness that wind change and fly high. Yes, Kiwis<br />

can fly.”<br />

– ALAN NEBEN, PUBLISHER


J&W Quarter Page Advert.indd 1<br />

BBN-July-<strong>2023</strong>.indd 1<br />

Richard Rennie reports on <strong>Bay</strong> businesses in his<br />

trade delegation trip to India<br />

Page 5<br />

LIC REA 2008<br />

The event, organised by Fleet-<br />

Partners and Drive Electric, and<br />

held at Farmer Autovillage’s MG<br />

showroom, updated attendees<br />

on developments in the EV and<br />

PHEV markets, both in New Zea-<br />

Freddie Bennett considers how to<br />

create a business <strong>of</strong> superheroes<br />

Page 16<br />

land and internationally.<br />

Drive Electric board member<br />

Dean Sheed spoke to the<br />

approximately 100 guests about<br />

emerging trends and changes in<br />

attitude and consumer opinion<br />

in relation to electric vehicles in<br />

<strong>2023</strong>. In particular he contrasted<br />

the enormous growth in EV sales<br />

to the corresponding downturn<br />

See photos from Tauranga <strong>Business</strong><br />

Chamber’s August BA5<br />

Page 21<br />

in demand and sales <strong>of</strong> internal<br />

combustion engine (ICE)<br />

vehicles.<br />

He touched on the issue <strong>of</strong><br />

changing perceptions around the<br />

practicality <strong>of</strong> investment in electric<br />

vehicles in the last 12 months,<br />

and suggested future considerations<br />

for the road ahead.<br />

FleetPartners Director Dennis<br />

Kelly then addressed the<br />

audience looking particularly at<br />

trends in corporate investment<br />

in fleet vehicles.<br />

Dennis suggested although<br />

there are significant aspects <strong>of</strong><br />

fleet EV investment that are front<br />

<strong>of</strong> mind for business operators<br />

now, there are also emerging<br />

> Continued on page 7<br />

doesn’t take ‘no’ for an answer.<br />

education programmes, Bernice couldn’t<br />

sit on her hands and look the other way.<br />

– a tragedy. And the more I learned, the<br />

more tragic and devastating it seemed.<br />

gets tough.”<br />

was brought up in the sma l town <strong>of</strong><br />

Tūrangi.<br />

there alright.<br />

confronting her and her whānau which<br />

shocked her into action.<br />

result, tragica ly under-achieving; while<br />

my achievements were being branded<br />

su ce ses, the young people I was seeing<br />

at home in New Zealand were being<br />

branded as ‘failures’ and ‘problems’.”<br />

by OT.<br />

year they were supporting young people<br />

refe red by the Tauranga DHB an disability<br />

services.<br />

“Now the door had opened, we could<br />

see a tsunami was heading in our direction,”<br />

she reca ls.<br />

2021-12-28 5:31 PM<br />

28/06/<strong>2023</strong> 4:34:17 PM<br />

lack <strong>of</strong> positive community interaction<br />

what I ca l survival/defensive mode.”<br />

luxurious waterfront destination<br />

a sist pr<strong>of</strong>e sionals, schools and whānau<br />

to understand cha lenging behaviours<br />

and ca l for help.<br />

“We decided to pilot this concept in<br />

an alternative education space, <strong>Bay</strong>pathways.<br />

During our pilot w encountered<br />

rangatahi disengaged from their work<br />

who had decided their only pathway was<br />

jail and a life on ‘the benefit’.<br />

“They shared nothing <strong>of</strong> their dreams<br />

or aspirations, only tha they were tough/<br />

hard and how drugs, alcohol and crime<br />

were a l they wanted to do.<br />

di ferently from others.”<br />

in their lives – and so the Whanaketanga<br />

Programme was born.<br />

BBN-August-<strong>2023</strong>.indd 1<br />

night, a celebration with friends and<br />

The Porter Report looks to responsibilities <strong>of</strong> key<br />

players and ongoing Israel-Palestine tensions<br />

Page 4<br />

and corporate events.<br />

With its delectable cuisine, captivating<br />

scenery, and a tentive service, it<br />

a lasting impre sion on every guest fortunate<br />

enough to partake in this extraordinary<br />

journey.<br />

Anticipated tax policy changes and their<br />

implications – Insights by Andrea Scatchard<br />

Page 11<br />

‘Now you’re speaking my language’: selfimprovement<br />

suggestions for Kiwis<br />

Page 22<br />

Join us this Christmas for delicious food, drinks and good times by the water.<br />

w w w. t r i n i t y w h a r f. c o . n z | e v e n t s @ t r i n i t y w h a r f. c o . n z<br />

28/07/<strong>2023</strong> 1:47:55 PM<br />

BBN-September-<strong>2023</strong>.indd 1<br />

Alan Neben reviews the topsy-turvy year that was and<br />

tracks the big <strong>Business</strong> <strong>News</strong> stories in <strong>2023</strong><br />

Pages 6-7<br />

For the glitz and glamour from the Tompkins Wake Rotorua<br />

<strong>Business</strong> Awards <strong>2023</strong> and a full list <strong>of</strong> award winners<br />

Page 20-21<br />

Organisations ring in a swathe <strong>of</strong> changes across the <strong>Bay</strong><br />

as <strong>2023</strong> draws to a close<br />

Pages 22-23<br />

Back row: Freddie Bennett – Titan Sky, Andrea Scatchard – Deloitte, Steven Matthews – Link <strong>Business</strong> Brokers, Lyndon Settle – Quayside Holdings, Ryan Storm – Royal Wolf, Andy Martin – Cooney Lees Morgan,<br />

Dr Wayne Beilby – PMG Funds. Front row: Kate Ashcr<strong>of</strong>t – Copeland Ashcr<strong>of</strong>t, Sarah Ashby – Jarden, Gareth Wallis – Tauranga City Council, Ezra Rentoul – Stratus Blue, Mark Wassung – Design Engine Architects.<br />

30/08/<strong>2023</strong> 11:46:42 am<br />

> www.businessnews.co.nz – STAY CONNECTED<br />

<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 7<br />

Last year BBN experienced what digital<br />

services manager Petrina Wilson called ‘an<br />

explosion’ in online subscriber numbers.<br />

“That ‘explosion’ hasn’t eased in <strong>2023</strong>,”<br />

she says. “We have quality content, and the<br />

numbers show me that’s what our users<br />

demand.<br />

“The growth in our <strong>Business</strong> <strong>News</strong><br />

subscriber base, our social channels<br />

engagement and our web traffic has<br />

continued its upward trajectory in <strong>2023</strong>.<br />

“Our subscribers sure let us know our<br />

EDM newsletters are in demand – readers<br />

want to be connected, and our exceptionally<br />

high open rates prove it.”<br />

The studio design team upgraded the<br />

website to compliment the ‘new look’ print<br />

edition in October. This has proven to be a<br />

winner with increases to user numbers and<br />

page views – a great finish to <strong>2023</strong>.<br />

7<br />

YEARS OF PROGRESS<br />

JULY <strong>2023</strong> VOLUME 7: ISSUE 7<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

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

<strong>News</strong> this month celebrates<br />

seven years <strong>of</strong> publishing. We<br />

had a look through the archives<br />

to see what we’ve covered over<br />

the seven years – the results<br />

were surprising. We also invited a<br />

selection <strong>of</strong> other successful <strong>Bay</strong><br />

businesses to talk to us about their<br />

growth paths ... see pages 6-10<br />

AUGUST <strong>2023</strong> VOLUME 7: ISSUE 8<br />

SEE PAGE 5<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

$70M INVESTMENT A<br />

BOON FOR WHAKATANE<br />

THE NEW WAVE OF UNDER 40'S<br />

This month, <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> pr<strong>of</strong>iles a<br />

group <strong>of</strong> Under 40’s from various industries who are<br />

making their mark in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>.<br />

SEE PAGE 9-13<br />

SEPTEMBER <strong>2023</strong> VOLUME 7: ISSUE 9 WWW.BOPBUSINESSNEWS.CO.NZ<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

DOWN TO THE WIRE<br />

By David Porter<br />

N<br />

ew Zealanders will go to the<br />

polls on 24 October in what is<br />

predicted to be one <strong>of</strong> the closest<br />

nationwide elections in the country’s<br />

history.<br />

The key concerns for <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> businesses, according to our<br />

soundings, are that whoever wins the<br />

government should show strong leadership<br />

in such key areas as developing<br />

effective infrastructure to service the<br />

region’s continued growth.<br />

Tauranga Priority One chief executive<br />

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

<strong>Business</strong> <strong>News</strong> (BBN) that the <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> had an important role to play<br />

in the country.<br />

“But we lack the infrastructure to rate in its predictions. But as <strong>of</strong>ten A recent Taxpayers’ Union – Curia down 4 points to 27.1 per cent. Act<br />

support that – we need to make sure noted, in politics the only poll that poll report in the New Zealand Herald<br />

showed Labour crashing to below where most <strong>of</strong> the Labour supporters<br />

was on 13 per cent and the Greens –<br />

politicians provide the infrastructure really matters is the result on election<br />

we need, and to support that infrastructure,”<br />

he said. “Obviously that A Chinese friend <strong>of</strong> mine is cur-<br />

with enough support, just, to form a ruled out the Greens’ proposed wealth<br />

day.<br />

30 per cent and National and Act appear to have moved after Labour<br />

helps ease congestion and frees up the rently one <strong>of</strong> many people who has government.<br />

tax, were up 3.1 points to 12 per cent.<br />

need to spend all our time on travel.” been in jail without sentence for more It also showed the public re-emergence<br />

<strong>of</strong> NZ First leader Winston Labour, was on 2.5 per cent. Both<br />

Te Pati Māori, which also supports<br />

than a year in Hong Kong – where<br />

Polls narrowing<br />

I lived for many years – because <strong>of</strong> Peters who elevated Labour to governing<br />

in 2017. NZ First showed up were on 7 per cent in the leadership<br />

Peters and Act leader David Seymour<br />

their protests against mainland China’s<br />

heavy-handed attempts to squash above five percent.<br />

rankings.<br />

As we went to press, the most that<br />

could be said about the potential democracy in Hong Kong.<br />

There are those who feel he lost Seymour is generally seen to have<br />

result was that the outcome was still To reiterate a point I make in much <strong>of</strong> his political mana when he done a good job in building what was<br />

uncertain, with polls on who might my opinion column this month, New sided with Labour, but Peters remains basically a one seat party into a political<br />

force.<br />

lead the country essentially showing Zealand media reflects a wide range a long-time favourite <strong>of</strong> many in the<br />

the main parties were virtually level <strong>of</strong> views and, compared to many <strong>Bay</strong>.<br />

Any <strong>of</strong> these manoeuvrings might<br />

pegging.<br />

countries, casting a vote here is easy The recent poll showed National succeed and could deliver a very slim<br />

Election polling has become and fair. So make sure your vote up 1.6 percentage points from August majority government to either Labour<br />

increasingly sophisticated and accu-<br />

counts.<br />

to 34.9 per cent, while Labour was or National. Continued on page 5<br />

As you read this, our 12th and<br />

final issue <strong>of</strong> <strong>2023</strong>, I’d like to<br />

take the opportunity to thank all<br />

our advertisers, without who we<br />

could not produce <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong> every month.<br />

Ngā mihi nui.<br />

And to you our loyal business<br />

readers, have a safe Christmas<br />

and enjoy a break. We look<br />

forward to again bringing you<br />

more BOP business news in 2024.<br />

IP protection, simplified.<br />

We’ve been championing innovation since 1979.<br />

><br />

A safe JULY pair <strong>of</strong> hands delivering outstanding <strong>2023</strong><br />

results.<br />

From left: Joel Murphy – Holland Beckett Law; Ash Gee – Miss Gee's Bar & Eatery; Larissa Hodgson – Trimax; Brad Walker – Property Brokers; George Jackson – James & Wells;<br />

Arpége Taratoa – Creative <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>; Jeremy Sparrow – Holland Beckett Law; Paul Churchman, Xero New Zealand; Tom Rutherford – <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> candidate for National.<br />

Beyond reasonable<br />

> doubt, AUGUST it’s the start <strong>of</strong><br />

<strong>2023</strong><br />

an exciting new era.<br />

Tauranga’s Mackenzie Elvin<br />

joins Tompkins Wake.<br />

><br />

Bridging the gap.<br />

Quayside funds $60M motorway<br />

SEPTEMBER interchange, <strong>2023</strong><br />

providing much-needed<br />

infrastructure and regional benefit.<br />

jamesandwells.com<br />

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

<strong>News</strong>’ seventh birthday. We scoured<br />

the archives to see just how much<br />

had changed over those seven years<br />

and we selected a shortlist <strong>of</strong> other<br />

BOP businesses whose achievements<br />

over the years we felt warranted<br />

celebration. The accompanying<br />

stories from The Law Shop, Enterprise<br />

Angels, Copeland Ashcr<strong>of</strong>t and ABC<br />

<strong>Business</strong> Sales made interesting<br />

reading, and hopefully provided some<br />

real inspiration for the new crop <strong>of</strong><br />

up-and-coming firms in <strong>2023</strong>.<br />

tompkinswake.com<br />

The August issue announced a massive<br />

$70m investment decision for the<br />

Whakatane Mill.<br />

It also launched <strong>Business</strong> Under<br />

40s pr<strong>of</strong>iling a selection <strong>of</strong> highperforming<br />

local businesspeople under<br />

the age <strong>of</strong> 40. We reached out to the<br />

business community and asked them<br />

to tell us about the new generation <strong>of</strong><br />

personnel in their organisations who<br />

are really making a difference. We<br />

spoke to lawyers, artists, politicians,<br />

entrepreneurs and others – the takeout<br />

message for us: the future <strong>of</strong> <strong>Bay</strong> business<br />

is definitely in good hands.<br />

www.rangiuru.co.nz<br />

With the October General Election<br />

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

<strong>News</strong> September led with a preelection<br />

preview special – the front<br />

page headline noted that the choice <strong>of</strong><br />

government would likely be, ‘Down to<br />

the wire’.<br />

We also zero’d in on transport and<br />

infrastructure with background stories<br />

on Quayside’s new Rangiuru <strong>Business</strong><br />

Park development and the welcoming<br />

<strong>of</strong> the first goods trains at the Ruakura<br />

Inland Port set to transform freight<br />

moves across upper North Island.<br />

<strong>2023</strong><br />

PEOPLE BEHIND BAY BUSINESS<br />

OCTOBER <strong>2023</strong> VOLUME 7: ISSUE 10<br />

TRADE DELEGATION HOPES<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

MINING BUSINESS WEALTH<br />

EV REVOLUTION:<br />

The new Mercedes-Benz EQS SUV,<br />

from Ingham-Sears, Mount Maunganui<br />

n August Farmer Autovillage<br />

hosted a FleetPartners EV<br />

Ishowcase event – the Journey<br />

to Carbon Zero.<br />

With the marking <strong>of</strong> <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong>’ seventh birthday in<br />

July, the team decided it was time for a<br />

refresh. The result: a new design, new<br />

recyclable paper stock, new page size,<br />

new Culture, People and <strong>News</strong> sections<br />

and a whole new feel for news stories<br />

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

Appropriately,<br />

the first ‘new look’<br />

edition featured<br />

an investigation <strong>of</strong><br />

electric vehicles for<br />

business and how<br />

the advances in<br />

EV technology are<br />

impacting businesses<br />

locally.<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

WERE YOU THERE?<br />

EVs for business are here<br />

now … and they are more<br />

affordable and practical<br />

than you think<br />

> As the general election approaches and political parties roll out policy<br />

SPECIAL REPORT announcements, many <strong>of</strong> which are focused on business and the environment,<br />

a second wave <strong>of</strong> messaging is dominating the ad breaks: electric vehicle ads. Are electric vehicles finally a practical,<br />

affordable option for businesses in New Zealand? This month we investigate and ask the experts for their analysis.<br />

CROWD CHARGED BY EV SHOWCASE EVENT<br />

> OCTOBER <strong>2023</strong><br />

18 BAY OF PLENTY BUSINESS NEWS November <strong>2023</strong><br />

PEOPLE<br />

Most people find it<br />

cha lenging enough to<br />

build a career while<br />

raising a family, without<br />

ever contemplating also<br />

leading a crusade to<br />

help the community’s<br />

most disadvantaged. But<br />

Bernice Breckon is not<br />

most people.<br />

> By ALAN NEBEN<br />

D<br />

on’t be fooled by the cheeky smile<br />

and the infectious laugh – this lady<br />

When she identified a ‘cavernous hole’<br />

in her Tauranga community’s health and<br />

“I saw first-hand young people fa ling<br />

through gaps in our society. It was – it is<br />

“But it doesn’t need to be that way –<br />

we can be part <strong>of</strong> a change to help our<br />

young, the rangatahi <strong>of</strong> our nation, to<br />

not only survive, but ultimately thrive;<br />

we just need the wi l, the knowledge and<br />

the support. When there’s a need, I have<br />

to respond. I’m not one to do things by<br />

halves or to shy away when the going<br />

She is <strong>of</strong> Ngāti Whawhakia and Mahanga<br />

descent from Waikato Tainui but<br />

This is a person who as a mother <strong>of</strong><br />

five and a grandmother <strong>of</strong> two knows<br />

about hardship and disadvantage; yet<br />

this is also a person who a the age <strong>of</strong> 41<br />

decided she wanted to join the gli terati<br />

and become a Ho lywood actre s and<br />

screenwriter – so she did. Doubt those<br />

credentials? Fact-check IMDB: yes, she’s<br />

It was Bernice’s personal experience<br />

<strong>of</strong> (litera ly) life and death cha lenges<br />

“Although I was on a trajectory <strong>of</strong> high<br />

achievement – ‘su ce s’ – I realised our<br />

kids, our rangitahi, were increasingly<br />

misunderstood, misdiagnosed and, as a<br />

PEOPLE<br />

> PROFILE<br />

New Page Macrae<br />

CEO focuses on<br />

a people centric<br />

culture.<br />

Page 20<br />

CULTURE<br />

> AN INSIDER’S GUIDE<br />

Tourism <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> previews<br />

sumptuous delights<br />

on <strong>of</strong>fer in the <strong>Bay</strong>.<br />

Page 18<br />

> BUSINESS PROFILE TE RATONGA POUMANAAKI<br />

BERNICE BRECKON<br />

THE HUMAN DYNAMO<br />

WHO CHARGED<br />

FROM AOTEAROA TO<br />

HOLLYWOOD...<br />

AND BACK AGAIN<br />

Te Ratonga Poumanaaki<br />

In 2020 she started a company to work<br />

with Oranga Tamariki (OT) providing<br />

care and protection for kids with<br />

extreme highly complex behaviours, disabilities<br />

and neurodiversity. Her organisation,<br />

Te Rotonga Poumanaaki (TRP)<br />

supported kids in need, 24 hours a day,<br />

7 days a week in hotel rooms provided<br />

By 2021 she began working with the<br />

Ministry <strong>of</strong> Education’s Intensive Wraparound<br />

Service supporting rangatahi<br />

with mentoring. By th end <strong>of</strong> the that<br />

“By mid-2022 we were focusing on<br />

rangatahi who were disengaged and<br />

finding it di ficult to learn in a neurotypical<br />

environment; this group was<br />

<strong>of</strong>ten excluded from mainstream schools<br />

because <strong>of</strong> their behaviour. Often this<br />

indicated potential trauma, diagnosed<br />

or undiagnosed conditions, criminal<br />

o fending (or at risk <strong>of</strong> criminal o fending),<br />

anti-social behaviours with peers,<br />

> When there’s a need, I have<br />

to respond … and I’m not<br />

one to do things by halves<br />

or to shy away when the<br />

goin gets tough.”<br />

and a tremendously distorted view <strong>of</strong> the<br />

school environment and a l it represents;<br />

rangatahi in thi space are operating in<br />

flight, fright, fight and or flock mode –<br />

At TRP’s one-year anniversary Bernice<br />

presented The Gap – an approach to<br />

learning ca led Neurodiverse Individualised<br />

Learning (NIL). NIL is designed to<br />

T<br />

“Each se sion we were able to identify<br />

what worked and what didn’t. We<br />

discovered early on they were not interested<br />

in schoolwork, so we opted to focus<br />

them on ‘themselves’, their we lbeing<br />

and to understand who they are, how<br />

they think, why they think that way and<br />

acknowledgemen that it’s okay to think<br />

Te Rotonga Poumanaaki turned a corner<br />

when they found rangatahi engaging<br />

and participating. Focu switched to<br />

empowering them to navigate anything<br />

NOVEMBER <strong>2023</strong> VOLUME 7: ISSUE 11<br />

PEOPLE<br />

> PROFILE<br />

Bernice Breckon –<br />

A human dynamo<br />

determined to<br />

make a difference<br />

Page 18-19<br />

CULTURE<br />

> LEISURE<br />

Summer time, and<br />

the cruisin’s easy –<br />

Tauranga Harbour<br />

beckons<br />

Page 23<br />

MIDDLE-EAST CONUNDRUM<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

POST-ELECTION UPDATE<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

ALAN NEBEN NOTICES<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> MPs Scott Simpson, Tom Rutherford, Dana Kirkpatrick, Sam Uffinde l and Todd McClay represented the general countrywide trend to National.<br />

NATS DECISIVE<br />

CLEAN-SWEEP<br />

ACROSS THE BAY<br />

> We look at the general electorates that make up <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

SPECIAL ELECTION REPORT <strong>Business</strong> <strong>News</strong>’ circulation area and talk to the successful<br />

candidates about the message they are taking from the results. Our political specialist David Porter also talks to local<br />

business leaders about the National clean-sweep and what they believe BOP businesses can expect in the term ahead. Page 6<br />

BOOK YOUR<br />

><br />

CHRISTMAS FUNCTION<br />

AT TRINITY WHAR F<br />

Dinner & Harbour Cruise | The Great Gatsby Christmas Quiz<br />

NOVEMBER <strong>2023</strong><br />

Waterfront dining at the Restaurant | Private Function Spaces<br />

While BBNs September pre-election<br />

special headline ‘Down to the Wire’<br />

suggested the results <strong>of</strong> the upcoming<br />

election were going to be ‘no sure<br />

thing’, the November post-election<br />

issue headline told a different story:<br />

CULTURE<br />

> TRINITY WHARF TAURANGA<br />

rinity Wharf, nestled in the heart<br />

<strong>of</strong> Tauranga, New Zealand, is a<br />

renowned for its stunning views and<br />

exquisite dining experiences.<br />

Among its standout o ferings is the<br />

Dinner and Sunset Harbour Cruise, an<br />

unforge table excursion that combines<br />

gourmet cuisine with breathtaking<br />

scenery.<br />

The tranquil su roundings and contemporary<br />

design <strong>of</strong> the hotel serves<br />

as a perfect complement to the natural<br />

beauty <strong>of</strong> Tauranga.<br />

Guests are greeted in the elegant,<br />

light-fi led Trinity Wharf lounge with<br />

a welcome drink. Fo lowed by a delicious<br />

bu fet menu featuring miso glazed<br />

salmon, slow-cooked beef sirloin with<br />

chimichu ri and lemon panna co ta<br />

with macadamia crunch. Before being<br />

whisked away by The <strong>Bay</strong> Explorer from<br />

Trinity Wharf’s very own pontoon.<br />

The intimate atmosphere <strong>of</strong> the cruise<br />

a lows guests to connect with the natural<br />

beauty <strong>of</strong> the region. The changing<br />

hues <strong>of</strong> the sunset paint a mesmerising<br />

backdrop for th evening, creating<br />

an ambience that is both romantic and<br />

awe-inspiring.<br />

The Trinity Wharf Dinner and Sunset<br />

Harbour Cruise is ideal for a variety <strong>of</strong><br />

o casions. Whether it be a romantic date<br />

November <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 23<br />

> DINNER & SUNSET HARBOUR CRUISE<br />

Enjoy a night ou to remember thi summer season<br />

with Trinity Wharf’s Dinner and Harbour Cruise!<br />

ABOARD FOR A CRUISY NIGHT<br />

family, or special event, this experience<br />

caters to a l. The cruise’ serene se ting<br />

and impe cable service make it a popular<br />

choice for girls’ nights, anniversaries,<br />

promises an evening that wi l be cherished<br />

for years to come. It’s an opportunity<br />

to savour the beauty <strong>of</strong> New Zealand’s<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> in a way that leaves<br />

“NATS DECISIVE<br />

CLEAN-SWEEP<br />

ACROSS THE<br />

BAY”. Feedback<br />

from <strong>Business</strong><br />

<strong>News</strong> readers was<br />

overwhelmingly<br />

positive – they<br />

loved the new<br />

design and<br />

particularly the<br />

People and Culture<br />

sections.<br />

DECEMBER <strong>2023</strong> VOLUME 7: ISSUE 12<br />

BBN <strong>2023</strong>: YEAR IN REVIEW<br />

WWW.BOPBUSINESSNEWS.CO.NZ<br />

ROTORUA <strong>2023</strong> BUSINESS AWARDS<br />

FACEBOOK.COM/BAYOFPLENTYBUSINESSNEWS<br />

NEW APPOINTMENTS<br />

BUSINESS LEADERS<br />

REVIEW <strong>2023</strong>/2024<br />

> Each <strong>December</strong>, <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> <strong>Business</strong> <strong>News</strong> sits down with with members <strong>of</strong> the business<br />

SPECIAL FOCUS community and asks them to talk about their experiences <strong>of</strong> the current environment. In this<br />

<strong>December</strong>’s Thought Leaders edition we hear from 12 prominent business people as they consider the prospects for their own<br />

businesses, their industry sectors and for the business community as a whole in <strong>2023</strong>/2024. See pages 8-19.<br />

WE WANT YOU!<br />

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BOOK YOUR PROFILE IN THE 2024 EDITION NOW FROM AS LITTLE AS $295 + GST<br />

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For more information, please get in touch info@bopbusinessnews.co.nz<br />

PEOPLE BEHIND BAY BUSINESS<br />

As you will probably have noticed, the<br />

Thought Leaders issue is back again this<br />

month. We’ve changed things up again<br />

this year for the <strong>December</strong> issue. We’ve<br />

said to our regular columnists, “take a<br />

break this month”, and we’ve focused the<br />

issue almost exclusively on what we term<br />

Thought Leaders.<br />

As <strong>2023</strong> comes to a close <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

<strong>Business</strong> <strong>News</strong> has focused on industry<br />

sector leaders and their thoughts on<br />

where they see their industry, their<br />

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

community going in 2024 in addition<br />

to reflecting on the year that’s been<br />

<strong>2023</strong>. We think you’ll find their thoughts<br />

interesting.<br />

(Don’t worry, the columnists will be<br />

back in January).<br />

2024<br />

NEW YEAR,<br />

NEW PEOPLE,<br />

NEW INSPIRATION<br />

100 PEOPLE Behind <strong>Bay</strong> <strong>Business</strong> –<br />

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

magazine title which launched in<br />

<strong>2023</strong>, is due to hit the market again<br />

with the second edition in 2024.<br />

The magazine pr<strong>of</strong>iles the people<br />

behind <strong>Bay</strong> business in an intelligent,<br />

insightful and inspiring way so that<br />

readers can learn more about them,<br />

their expertise, their experience<br />

and their business. Look out for 100<br />

PEOPLE Behind <strong>Bay</strong> <strong>Business</strong> 2024,<br />

coming your way soon.<br />

> “We’re excited to tell these<br />

stories. This magazine<br />

<strong>of</strong>fers a great opportunity<br />

for everyone to find out<br />

more about the people<br />

behind our most successful<br />

businesses. It’s quite a<br />

unique concept – I think<br />

it’s going to be a real<br />

winner again in 2024.” <br />

<br />

– PETE WALES,<br />

BUSINESS DIRECTOR


8 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

SHIPPING CONTAINERS<br />

Having greater capacity in a strategic and<br />

thriving hub like Tauranga ensures customers<br />

have access to the right product at the right time to<br />

meet their needs and ensures quick and efficient<br />

deployment <strong>of</strong> shipping containers.”<br />

The new Royal Wolf site, located at 353 Taurikura Drive in the Tauriko <strong>Business</strong> Estate.<br />

Growing population and<br />

buoyant local economy drive<br />

shipping container demand<br />

Ongoing regional growth, construction and<br />

infrastructure activity, and hints <strong>of</strong> optimism as<br />

<strong>2023</strong> ends are key factors driving demand for<br />

shipping container products in <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>.<br />

Shipping containers changed<br />

the way the world did business<br />

more than 60 years<br />

ago, and these big steel boxes<br />

continue to support and provide<br />

innovative solutions across a<br />

broad range <strong>of</strong> sectors.<br />

From refrigerated containers<br />

and dry storage through to dangerous<br />

goods units and portable<br />

buildings for the construction<br />

industry, local businesses are<br />

looking for the cost benefits and<br />

increased efficiencies shipping<br />

containers provide.<br />

They are using shipping containers<br />

for a wide range <strong>of</strong> purposes.<br />

Containerised <strong>of</strong>fices are<br />

being used widely across many<br />

infrastructure, construction, and<br />

building projects around <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong>. Hoardings, containerised<br />

walkways that create safe pedestrian<br />

access around tight footprint<br />

construction projects, are<br />

also in constant demand.<br />

There are a range <strong>of</strong> other uses<br />

from refrigeration containers to<br />

store frozen or chilled products<br />

for supermarkets, events, and<br />

festivals, through to containers<br />

for the primary sector and manufacturing<br />

industry.<br />

Strategic advantage<br />

Royal Wolf expanded its operation<br />

in <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> this year to<br />

meet increased demand for hire<br />

products and self-storage as the<br />

region’s population continues to<br />

grow.<br />

The new Royal Wolf site,<br />

located at 353 Taurikura Drive<br />

in the Tauriko <strong>Business</strong> Estate,<br />

has significant capacity to meet<br />

growing demand including a<br />

dedicated 24/7 self-storage facility<br />

to address the need for extra<br />

storage.<br />

Having greater capacity in a<br />

strategic and thriving hub like<br />

Tauranga ensures customers<br />

have access to the right product<br />

to meet their needs and ensures<br />

quick and efficient deployment<br />

<strong>of</strong> containers.<br />

State <strong>of</strong> the art selfstorage<br />

facility<br />

The new <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> self-storage<br />

facility sets a new benchmark<br />

for Royal Wolf’s New Zealand and<br />

Australia operation, with 24/7 pin<br />

code access and units ranging in<br />

size from 10 to 20 feet as well as<br />

20-foot refrigeration containers.<br />

Statistics NZ data from October<br />

2022 shows <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>’s<br />

population growth is driven by<br />

increases in the Western <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> area and Tauranga city,<br />

which saw the highest population<br />

growth among all urban centres<br />

in New Zealand.<br />

While population growth has<br />

RYAN STORM, the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> Branch<br />

Manager for Royal Wolf, a United Rentals<br />

company that specialises in shipping<br />

containers, and <strong>Business</strong> Development<br />

Manager JESSICA CRAMB, possess<br />

both the expertise and container<br />

solutions to solve various business<br />

challenges for customers.<br />

levelled <strong>of</strong>f in <strong>2023</strong>, bringing it<br />

in line with national levels, it<br />

continues to create demand for<br />

self-storage container options<br />

for local businesses and homeowners<br />

who don’t have space<br />

to keep a shipping container, or<br />

other storage solutions, on their<br />

property.<br />

For example, a 20-foot Wolf<br />

Lock container when fully loaded<br />

holds the equivalent <strong>of</strong> a standard<br />

three bedroom home.<br />

People are storing everything<br />

from overflow products from<br />

retail outlets, through to household<br />

items where a family has<br />

run out <strong>of</strong> space at home, or they<br />

are moving house and need extra<br />

storage space for a temporary<br />

period.<br />

Wider range, greater<br />

capacity<br />

There are a greater variety <strong>of</strong> container<br />

products on the ground in<br />

<strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> than ever before to<br />

meet the increased demand from<br />

across a wide range <strong>of</strong> industries<br />

including infrastructure, government,<br />

and building and construction,<br />

through to retail, agri-business,<br />

intermodal and events.<br />

Royal Wolf also supply to community<br />

groups, local grassroots<br />

organisations, and sporting clubs<br />

with container products to support<br />

the work they do.<br />

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

also have greater access to<br />

Royal Wolf’s innovative container<br />

products, including the<br />

award-winning Wolf Lock Safety<br />

shipping container, exclusive to<br />

Royal Wolf and Site Hub, a fully<br />

self-contained work site solution.<br />

Powered by renewable<br />

energy, the Site Hub can be set<br />

up quickly and made operational<br />

without the need for external<br />

infrastructure. It helps to make<br />

operations more efficient and<br />

provides significant cost savings<br />

for businesses.<br />

The Tauranga site will also<br />

undertake highly specialised<br />

container modifications to meet<br />

customer’s bespoke needs.<br />

Taking local business<br />

to next level<br />

It’s key to collaborate with customers<br />

to support their needs.<br />

Royal Wolf continues to develop<br />

and supply innovative container<br />

solutions that help our customers<br />

do everything from reducing<br />

costs through to gaining a<br />

competitive advantage in their<br />

business.<br />

Royal Wolf takes a design-led<br />

approach to transforming traditional<br />

shipping containers into a<br />

diverse array <strong>of</strong> products. Much<br />

<strong>of</strong> this innovation is driven by<br />

what our customers want and<br />

need from a container. They are<br />

not only helping us to develop<br />

new products but to continuously<br />

enhance existing products.<br />

With over 28 years <strong>of</strong> experience<br />

and company operated<br />

locations throughout New Zealand<br />

and Australia, Royal Wolf is<br />

proud to be Australasia’s largest<br />

provider <strong>of</strong> shipping containers<br />

for hire and sale, along with<br />

specialised shipping container<br />

modifications.<br />

Speak to our New Zealand<br />

team at 0800 266 824 or visit<br />

www.royalwolf.co.nz to learn<br />

more.


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 9<br />

ARCHITECT – URBAN DESIGN<br />

Design Engine Architects<br />

A blue-sky vision for the Tauranga <strong>of</strong> tomorrow<br />

2<br />

3<br />

MARK WASSUNG,<br />

Architect<br />

Accepting “more <strong>of</strong> the<br />

same” in Tauranga’s urban<br />

design spaces at such a crucial<br />

time in the city’s development<br />

history is furthest from the mind<br />

<strong>of</strong> Design Engine Architects directors<br />

Mark and Abigail Wassung.<br />

After seven years based in Tauranga<br />

having moved over the hill<br />

from Hamilton, they are excited<br />

about what Tauranga city could<br />

become in the coming decade,<br />

and the role Design Engine can<br />

play in shaping that future.<br />

Mark envisions Tauranga and<br />

Hamilton as one city in the next<br />

10 years, connected by high-speed<br />

rail with passenger train stations<br />

through a new Kaimai Tunnel<br />

that is multimodal ie. for trains,<br />

trucks, cars and cyclists/pedestrians,<br />

connected to Tauranga Connect<br />

multimodal transport network<br />

with buses, trains, ferries<br />

and cycle routes, plus two new<br />

four lane bridges high enough<br />

to allow ferries under, to replace<br />

the existing Turret Road bridge<br />

and Maungatapu bridge to enable<br />

better flow across the roading<br />

network.<br />

“As a company we have always<br />

looked outside the usual boundaries<br />

<strong>of</strong> conventional design, we are<br />

more about the ‘what if’ rather<br />

than the ‘what is’, and never has<br />

1<br />

1. The New Consult 365 Papamoa Clinic medical centre open 24/7. 2. Tauranga “Kupenga,” a cable car transport<br />

network. 3. High-End Residential Beach House. 4. Modular, prefabricated smart solar bus shelters design.<br />

the city been better poised to benefit<br />

from this sort <strong>of</strong> thinking,”<br />

says Mark.<br />

Design Engine’s portfolio <strong>of</strong><br />

work spans the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> and<br />

Waikato, comfortably encompassing<br />

a range <strong>of</strong> projects as varied<br />

as a thermal and mineral water<br />

resort, transport hub, ocean terminal,<br />

train station, a medical<br />

centre, eco housing subdivision,<br />

10,000 m2 super workshop/solar<br />

farm and a multi-generation family<br />

beach home.<br />

The ease <strong>of</strong> working between<br />

different design functions and<br />

regions is matched to Design<br />

Engine incorporating many <strong>of</strong> the<br />

leading-edge concepts and technology<br />

into their building designs.<br />

The new Papamoa Consult 365<br />

Clinic medical centre open 24/7<br />

with 8-minute wait times, highlights<br />

Design Engine’s emphasis<br />

upon place and people in its<br />

design.<br />

Drawing strongly <strong>of</strong>f its seaside<br />

locale, the centre’s design<br />

touchpoints have captured the<br />

beach that plays such a big part in<br />

the lives <strong>of</strong> so many <strong>of</strong> its patients.<br />

Flowing wave forms, islands,<br />

trees, and green walls are visual<br />

cues for patients and visitors to<br />

enhance movement through the<br />

clinic, while a shell shaped area<br />

defines the reception area and<br />

waiting zones are defined by<br />

beach shaped flowing form areas.<br />

“This is a prototype design that<br />

we can see being applied elsewhere<br />

in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>, it is a<br />

visually appealing, bold, colourful<br />

design that provides a calming,<br />

comfortable and safe sanctuary.”<br />

In the nuts-and-bolts reality<br />

<strong>of</strong> building construction, Design<br />

Engine is increasingly incorporating<br />

cutting-edge materials<br />

that turn buildings into smart,<br />

eco-friendly, energy efficient<br />

structures.<br />

Materials like paper thin<br />

solar cells, hydro ceramics and<br />

bio-based building products are<br />

enabling clients to sensitively<br />

integrate their buildings with<br />

their environment, minimising<br />

carbon footprints, and optimising<br />

energy efficiency.<br />

Design Engine took many<br />

<strong>of</strong> these modern materials and<br />

incorporated them into their<br />

bright solution for new city bus<br />

shelters in Tauranga.<br />

The prefabricated smart solar<br />

bus shelters design takes a modular,<br />

relocatable approach to the<br />

structure, with a solar powered<br />

unit to light up signs, timetables,<br />

and security cameras.<br />

Design Engine has also<br />

designed a small 20-seat electric<br />

bus that provides fast, frequent,<br />

reliable, and affordable transport.<br />

Often the smartest and most<br />

commercially sensible move<br />

when seeking a more modern<br />

facility is to adapt an existing<br />

building, upgrading it to meet the<br />

environmental, economic and<br />

community expectations that go<br />

with modern design.<br />

Design Engine has the skills<br />

to capture an old building’s<br />

strengths to leverage it into a new<br />

lease on life. “Adaptive reuse” can<br />

help reduce the waste generated<br />

through demolition and see an old<br />

building re-purposed and back<br />

into a new life cycle far quicker<br />

than opting for the expense and<br />

time taken in building a new one.<br />

Design Engine’s DNA has<br />

blue sky thinking unapologetically<br />

embedded within it. This<br />

goes beyond just the buildings<br />

they have worked with clients<br />

on, to include a number <strong>of</strong> proposals<br />

promoting alternative<br />

means <strong>of</strong> travel reducing reliance<br />

upon private cars, options<br />

that stretch beyond the usual<br />

definitions <strong>of</strong> “public transport.”<br />

This has included the Tauranga<br />

“Kupenga,” a cable car transport<br />

network running across the harbour<br />

to <strong>Bay</strong>fair, and up to downtown<br />

Mount Maunganui.<br />

Kupenga would remove dozens<br />

<strong>of</strong> vehicles <strong>of</strong>f the road and<br />

provide a unique public transport<br />

solution for the city.<br />

“We see huge opportunities<br />

for intensification <strong>of</strong> living in<br />

the Tauranga city area in coming<br />

years. This obviously includes the<br />

Cameron Road area, but could<br />

also include the Maungatapu Peninsula,<br />

with its unparalleled views<br />

and proximity to the city, it just all<br />

has to be linked up better.”<br />

Taking the latest in design technology<br />

and materials, creating<br />

buildings that respect the people<br />

and the environment they exist<br />

for and within, means Design<br />

Engine is poised to play a crucial<br />

part in shaping the Tauranga <strong>of</strong><br />

tomorrow, creating a liveable city<br />

for all the generations choosing it<br />

as their home.<br />

4<br />

CULTURAL CENTRE<br />

CONNECTIVITY | SUSTAINABILITY<br />

COLLABORATION | SYNERGY<br />

DESIGN ENGINE is a Tauranga<br />

based group <strong>of</strong> architects, urbanists,<br />

and inventors working on<br />

transformational projects throughout<br />

Aotearoa. We can assist you<br />

with concept designs and ideas that<br />

can prepare you and your business<br />

to achieve maximum sustainable<br />

growth, future pro<strong>of</strong>ing and creating<br />

an environment that people want to<br />

live, work and play in. We want to<br />

be associated with companies that<br />

are making positive change.<br />

COMMERCIAL | TOURISM<br />

CULTURAL | INFRASTRUCTURE<br />

MEDICAL | 3D PRINTING<br />

DESIGNER HOMES<br />

www.designengine.co.nz<br />

CONTACT MARK WASSUNG 021 138 3739 mark@designengine.co.nz


10 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

BUSINESS BROKERS<br />

Preparing for<br />

a successful<br />

business exit<br />

In the looming landscape <strong>of</strong> the business world, a<br />

wave <strong>of</strong> change is on the horizon as the baby boomer<br />

generation prepares to retire, flooding the market<br />

with businesses for sale. This impending surge not<br />

only raises concerns about the potential devaluation<br />

<strong>of</strong> businesses but also hints at a challenging and<br />

protracted sales process for many. In response to<br />

this, the pivotal role <strong>of</strong> preparing or “grooming”<br />

a business for sale has gained unprecedented<br />

significance, promising a crucial impact on the<br />

success and positivity <strong>of</strong> the outcome.<br />

For countless business owners,<br />

the decision to sell<br />

marks the culmination <strong>of</strong><br />

years <strong>of</strong> unwavering personal<br />

dedication and effort. A successful<br />

exit not only signifies a financial<br />

milestone but <strong>of</strong>ten paves the<br />

way for a contented and fulfilling<br />

retirement.<br />

Strategic preparation or<br />

grooming ahead <strong>of</strong> the sale<br />

becomes paramount in maximizing<br />

a business’s efficiency, earning<br />

potential, structural integrity,<br />

and overall presentation.<br />

Neglecting this process, which is<br />

unfortunately a common oversight,<br />

can lead to missed opportunities<br />

and suboptimal sale prices.<br />

While every business is<br />

unique, there are fundamental<br />

and straightforward steps that<br />

owners can adopt to ensure they<br />

secure the highest possible sale<br />

price. It is crucial to recognise<br />

that every business owner will<br />

eventually exit their business,<br />

and the key is to exit on one’s own<br />

terms rather than as a reaction to<br />

unforeseen circumstances.<br />

Step 1: Define Your<br />

“Walk Away” Number<br />

The first step in preparing your<br />

business for sale is to establish<br />

your “walk away” number.<br />

Whether driven by concerns<br />

about legacy, a smooth transition<br />

to family or management,<br />

or meeting financial retirement<br />

goals, consulting with a financial<br />

planner and a pr<strong>of</strong>essional business<br />

broker is recommended.<br />

They can assess your current situation<br />

and help you identify the<br />

financial threshold at which you<br />

can comfortably exit.<br />

Step 2: Seek<br />

Pr<strong>of</strong>essional Advice<br />

Don’t hesitate to seek pr<strong>of</strong>essional<br />

advice early on in the process.<br />

Engage with local business<br />

brokers, accountants, or lawyers<br />

who can guide you through<br />

the preparation process. Their<br />

expertise can be invaluable in<br />

STEVEN MATTHEWS,<br />

LINK <strong>Business</strong><br />

Brokers, Tauranga<br />

navigating the complexities <strong>of</strong><br />

selling a business.<br />

Step 3: Get Your<br />

Accounts in Order<br />

Potential buyers are deterred<br />

by poorly maintained accounts.<br />

Ensure your financial records<br />

are in top-notch condition, accurately<br />

reflecting your business’s<br />

financial health. This step will<br />

prove beneficial during the<br />

appraisal and due diligence<br />

processes.<br />

Step 4: Make Yourself<br />

Dispensable<br />

Avoid the common mistake <strong>of</strong><br />

being indispensable to your<br />

business. If you’ve named<br />

your company after yourself,<br />

take steps to ensure that your<br />

role can be seamlessly transferred.<br />

Buyers are wary <strong>of</strong> businesses<br />

overly reliant on the<br />

founder, and making yourself<br />

dispensable enhances the business’s<br />

appeal.<br />

Step 5: Lock in Your<br />

Employees<br />

As an extension <strong>of</strong> making yourself<br />

dispensable, focus on grooming<br />

and retaining key employees.<br />

Encourage them to take on more<br />

responsibilities, creating a team<br />

that can seamlessly operate the<br />

business post-sale.<br />

Step 6: Put a Team in<br />

Place<br />

During the sales process, maintain<br />

a strong team to ensure the<br />

business remains stable. Transactional<br />

hiccups <strong>of</strong>ten occur<br />

when owners neglect day-to-day<br />

operations, causing concerns for<br />

potential buyers.<br />

Step 7: Presentation<br />

While numbers are critical, the<br />

emotional aspect <strong>of</strong> a transaction<br />

should not be overlooked. Buyers<br />

make decisions based on their<br />

feelings about a business. Ensure<br />

your premises and overall business<br />

appearance radiate success<br />

and pr<strong>of</strong>essionalism.<br />

Each <strong>of</strong> these steps aims to<br />

instil confidence in potential buyers,<br />

portraying your business as<br />

solid, well-structured, pr<strong>of</strong>itable,<br />

and more attractive than others<br />

on the market. In the dynamic<br />

landscape <strong>of</strong> business sales, proactive<br />

preparation is not just a<br />

choice; it’s a necessity for achieving<br />

a successful and lucrative<br />

exit.<br />

LINK <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> has accomplished<br />

over 1,000 successful local<br />

business transactions, establishing<br />

ourselves as the largest and<br />

most prosperous brokerage in the<br />

<strong>Bay</strong>. If you are contemplating the<br />

sale <strong>of</strong> your business in the present<br />

or upcoming future, feel free<br />

to reach out to us. We <strong>of</strong>fer a complimentary,<br />

obligation-free, and<br />

completely confidential consultation<br />

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

business brokers.<br />

Seize the chance to enjoy the<br />

fruits <strong>of</strong> your hard work and<br />

ensure a successful exit. Connect<br />

with us today.<br />

Curious to know the<br />

value <strong>of</strong> your business?<br />

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<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 11<br />

INFORMATION TECHNOLOGY<br />

What’s the future for your IT?<br />

Virtually every business uses technology, whether it’s as minimal as an app on your cell phone, tablet or<br />

computer, or a suite <strong>of</strong> applications used by an <strong>of</strong>fice full <strong>of</strong> people with computers and devices. As a business<br />

leader, one <strong>of</strong> the many decisions you must make is how to ensure your IT infrastructure is improving and<br />

protecting your business. No matter your requirements, you must consider how you use technology in your<br />

business, and how it can be utilised to both secure and enhance your processes and efficiencies.<br />

So what is in the future for your IT?<br />

Investment<br />

Investing in technology now<br />

will inevitably reduce downtime<br />

in the future.<br />

Electronics are not forever.<br />

We know this in our personal<br />

lives when cell phones die, or<br />

laptops stop working. This fact<br />

is even more true in a business.<br />

Long before a computer bites the<br />

dust, it will begin to raise problems<br />

such as running slowly or<br />

critical applications crashing.<br />

Each <strong>of</strong> these problems is<br />

reducing productivity for the<br />

staff member using the device,<br />

and that downtime is effectively<br />

lost money. Much like a car at the<br />

end <strong>of</strong> its life, you must decide<br />

when it is no longer viable to<br />

keep throwing good money after<br />

bad, and to just replace it. Having<br />

a device replacement plan<br />

helps ensure you’ve budgeted in<br />

advance for these costs.<br />

The same applies to your<br />

IT infrastructure. Things like<br />

routers, servers and wireless<br />

access points must be replaced<br />

on a schedule – albeit a much<br />

longer-term schedule to avoid<br />

unexpected downtime. If a piece<br />

<strong>of</strong> core infrastructure fails, the<br />

impact is considerably greater<br />

than a single computer.<br />

Prioritising technology spend<br />

can sometimes be challenging,<br />

and it can be tempting to delay<br />

the investment until your hand<br />

is forced. The risk with that<br />

approach is once you reach that<br />

stage, you will have already<br />

lost productivity through inefficient<br />

systems. You then have the<br />

lost time and un-needed stress<br />

caused by hurriedly finding new<br />

equipment. Building ongoing<br />

technology investment into your<br />

budget will help you avoid these<br />

problems and give you the best<br />

returns in the long run.<br />

Innovation and<br />

Automation<br />

Innovation can seem scary.<br />

When you are changing business<br />

processes you are stepping away<br />

from the known and into the<br />

unknown, and even with extensive<br />

testing and pilot groups<br />

there is still risk associated with<br />

the change. However, researching<br />

and automating new processes<br />

is one way that your business<br />

can remain competitive in<br />

its industry.<br />

How <strong>of</strong>ten do you review your<br />

daily tasks and consider whether<br />

they could be streamlined?<br />

Administrative work is necessary<br />

but expensive. The best way<br />

to mitigate the cost <strong>of</strong> this work is<br />

to review and improve processes.<br />

You can apply innovative new<br />

tools and automate time-consuming<br />

tasks to reduce the financial<br />

burden <strong>of</strong> this work. Obviously<br />

not all work can be handled by<br />

a computer, but with the advent<br />

<strong>of</strong> AI tools, more and more tasks<br />

can be automated. By implementing<br />

innovative new ideas you can<br />

free your people to do what they<br />

do best and make your business<br />

remarkable.<br />

Technology ultimately brings<br />

opportunity, and by training your<br />

people with new tools you can<br />

elevate them to help them keep<br />

up with the changing times and<br />

challenges they face.<br />

Cybersecurity<br />

Cybersecurity is a buzz word in<br />

business these days, but it is so<br />

much more than that. It’s a huge<br />

part <strong>of</strong> ensuring your business<br />

remains safe. Therefore it needs<br />

to be better understood and fully<br />

embraced rather than just talked<br />

about.<br />

CERT NZ reports that New<br />

Zealand business have faced a<br />

combined financial loss <strong>of</strong> over<br />

$20m in 2022 due to cybercrime<br />

alone! There are a variety <strong>of</strong> steps<br />

that you can take to help protect<br />

yourself from cybercrime, such<br />

as implementing a managed EDR<br />

solution, enforcing MFA on all<br />

user accounts, requiring device<br />

encryption, and implementing<br />

more stringent email security<br />

requirements. These are just<br />

some <strong>of</strong> the things that you can<br />

implement to avoid falling victim<br />

to cybercrime.<br />

<strong>Business</strong> Continuity<br />

Disaster Recovery<br />

<strong>Business</strong> Continuity Disaster<br />

Recovery or BCDR planning is<br />

crucial for ensuring that if the<br />

worst does happen, you have a<br />

plan on how to continue operating<br />

your business and how<br />

to recover in the shortest time<br />

possible.<br />

One component <strong>of</strong> a BCDR<br />

plan is backups. Having a solid<br />

backup strategy in place can<br />

allow you to recover from almost<br />

any event, whether it be a natural<br />

disaster, a major cyber event,<br />

a lightning storm, or even human<br />

error. In any instance, if you<br />

have secure backups, you will<br />

be able to recover with as little<br />

downtime as possible.<br />

Cyber Insurance policies are<br />

increasingly becoming necessary<br />

for business, and they come<br />

EZRA RENTOUL,<br />

Technical Engineer,<br />

Stratus Blue<br />

with specific requirements.<br />

They provide a great baseline<br />

for ensuring you protect yourself<br />

against opportunistic or<br />

malicious attacks. Some <strong>of</strong> the<br />

requirements are; implementing<br />

a managed EDR solution, enforcing<br />

MFA and configuring a robust<br />

backup strategy – which as mentioned<br />

above, are already recommended<br />

steps to improve your<br />

security posture.<br />

These are only a couple <strong>of</strong> the<br />

things to consider when creating<br />

a BCDR plan, but by starting with<br />

these two, you will be in a good<br />

position to manage anything that<br />

comes.<br />

Investment, Innovation,<br />

Cybersecurity & BCDR. If you<br />

don’t have one or more <strong>of</strong> these,<br />

then perhaps it is time to reconsider<br />

your IT stance.<br />

Making Quality IT,<br />

Simple<br />

www.stratusblue.co.nz<br />

0800 2 ASSIST


12 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

REGIONAL INVESTING<br />

Collective strength<br />

Left to right: Sam Newbury,<br />

Lyndon Settle, Davide Caloni.<br />

Ki te Kotahi te kākaho, ka whati;<br />

ki te kāpuia, e kore e whati.<br />

If a reed stands alone, it can be broken;<br />

if it is in a group, it cannot.<br />

This whakataukī (Māori proverb) encapsulates<br />

the power <strong>of</strong> collective strength, a philosophy that<br />

underpins Quayside Holdings way <strong>of</strong> working as<br />

they look to the future.<br />

As the commercial investment<br />

arm <strong>of</strong> <strong>Bay</strong> <strong>of</strong><br />

<strong>Plenty</strong> Regional Council,<br />

Quayside’s primary function<br />

is to deliver sustainable longterm<br />

returns to its shareholder,<br />

through responsible asset management.<br />

It’s a structure, where<br />

Quayside invests on behalf <strong>of</strong><br />

the Council, providing an annual<br />

shareholder dividend and retaining<br />

a portion for growth capital.<br />

How it delivers and who’s<br />

behind this small but mighty<br />

machine has largely remained<br />

a mystery in years gone by. But<br />

that is changing.<br />

Key ingredients <strong>of</strong> a<br />

high-performing team<br />

CEO, Lyndon Settle has brought<br />

a renewed focus on collaborative<br />

working. With a multi-disciplinary<br />

team <strong>of</strong> specialists in<br />

their field including, investment<br />

managers, chartered accountants,<br />

engineers, lawyers, people<br />

and culture specialists and marketers<br />

- the knowledge and experience<br />

is unyielding. Lyndon’s<br />

ability to influence, motivate<br />

and enable others to collectively<br />

contribute towards a shared<br />

vision and purpose, has been the<br />

catalyst to this inclusive way <strong>of</strong><br />

working.<br />

“We support our people to<br />

be curious, creative and think<br />

outside the box. Bold initiatives<br />

live alongside radical candour<br />

in this niche environment. This<br />

takes the form <strong>of</strong> brave, open and<br />

respectful conversations, where<br />

we strive to listen to understand,<br />

rather than defend. Working in<br />

silos can create bias and limit<br />

our opportunity to see new perspectives<br />

whereas collaboration<br />

fosters innovation, forcing us to<br />

expand our thinking and look to<br />

the periphery, which is crucial<br />

in today’s competitive environment,”<br />

says Lyndon.<br />

Davide Caloni as the General<br />

Manager – Finance for Quayside<br />

Group, is a pivotal member <strong>of</strong> the<br />

Senior Leadership Team, playing<br />

a multifaceted role heading the<br />

finance and treasury functions<br />

and supporting the execution<br />

<strong>of</strong> the investment strategies. As<br />

the head <strong>of</strong> finance and treasury<br />

functions, Davide is at the forefront<br />

<strong>of</strong> ensuring the Group’s<br />

financial health and statutory<br />

obligations are met and optimised,<br />

managing tax obligations,<br />

project accounting, and providing<br />

specialist advice on investment<br />

and divestment opportunities<br />

across various asset classes.<br />

Davide creates enterprise<br />

value by analysing cash and<br />

debt management practices and<br />

existing assets and investments,<br />

which form the foundation for<br />

accurate forecasting and portfolio<br />

modelling. He also is leading<br />

Quayside’s XRB climate-related<br />

reporting.<br />

Sam Newbury, Senior Investment<br />

Manager, brings a wealth<br />

<strong>of</strong> experience in corporate<br />

finance and portfolio management<br />

to his six-year tenure at<br />

Quayside. Whilst Sam plays a<br />

key role in setting investment<br />

strategy, deal execution and asset<br />

management, Sam views his role<br />

as more <strong>of</strong> a project management<br />

function.<br />

Sam notes “In my mind, being<br />

an effective investment advisor<br />

for a portfolio like Quayside’s is<br />

very similar to project management.<br />

Whilst a detailed understanding<br />

<strong>of</strong> each asset class is<br />

essential, it is almost impossible<br />

to do effectively without input<br />

from a deep bench <strong>of</strong> both internal<br />

and external experts.”<br />

Sam’s pr<strong>of</strong>essional skills<br />

encompass a deep understanding<br />

<strong>of</strong> investment products, corporate<br />

finance, and investments.<br />

His core competencies revolve<br />

around strategic planning,<br />

financial analysis, deal sourcing<br />

and execution, and effective<br />

stakeholder engagement, with a<br />

strong passion for creating value<br />

through sustainable and innovative<br />

businesses that contribute to<br />

both social and environmental<br />

well-being.<br />

Bound by good<br />

intentions<br />

Whether it’s pursuing a new<br />

investment opportunity or managing<br />

an existing asset, the adage<br />

<strong>of</strong> ‘many hands, make light work’<br />

is true. But ask the team if it’s<br />

seamless and they’ll openly tell<br />

you there’s always room for<br />

improvement. What binds them<br />

is a genuine intent to do right by<br />

the organisation, its shareholder<br />

and the wider community.<br />

Quayside has a wide investment<br />

mandate, across different<br />

asset classes. Deals can originate<br />

through anyone in the wider<br />

team, with the initial review,<br />

research and early screening <strong>of</strong><br />

the opportunity being led by the<br />

Investment team.<br />

As they move into the due<br />

diligence stage, it’s about understanding<br />

the risks associated<br />

with the asset. This is undertaken<br />

by both internal and external<br />

technical expertise, including<br />

finance, legal, tax and property,<br />

depending on the asset.<br />

“Having three in-house engineers<br />

is a huge point <strong>of</strong> difference<br />

and competitive advantage<br />

for Quayside when investing in<br />

real estate-backed assets and<br />

strategies. While it isn’t usual<br />

practice for an investment company<br />

it provides significant value<br />

when looking at opportunities.<br />

We’re privileged to be able to call<br />

on our property team for advice,<br />

especially when reviewing technical<br />

due diligence property<br />

reports,” says Sam.<br />

The execution <strong>of</strong> Quayside’s<br />

strategy forms the core <strong>of</strong><br />

their collaboration. Within the<br />

Finance team this can include<br />

general capital budgeting, forecasting,<br />

valuations and ongoing<br />

asset monitoring. With the legal<br />

team providing another lens and<br />

layer <strong>of</strong> value.<br />

“Having Suzanne Casey as our<br />

in-house legal counsel is incredibly<br />

valuable, as it allows us to<br />

lean on her for support with both<br />

transactions and asset management.<br />

Having someone <strong>of</strong> her<br />

expertise and skill sets provides<br />

the whole team with the ability<br />

to access good legal advice and<br />

commercial support in real-time<br />

reducing the need for the business<br />

to rely on costly external<br />

lawyers, likewise with Davide’s<br />

experience, he understands what<br />

best-practice and good fund management<br />

looks like. You also get<br />

a calm and practical approach<br />

from our team, with the ability<br />

to work through problems.” Sam<br />

says.<br />

Partnering for<br />

success<br />

<strong>2023</strong> has brought a couple <strong>of</strong><br />

major investments to fruition. In<br />

September, Quayside announced<br />

its stake in Tauranga Crossing<br />

Limited, a premier retail<br />

shopping centre situated in the<br />

expanding Tauranga Western<br />

Corridor. The investment provides<br />

consistent and stable distributions<br />

to the portfolio, whilst<br />

growing the asset base.<br />

Shortly followed the<br />

announcement <strong>of</strong> the joint venture<br />

partnership with Watts &<br />

Hughes and Carrus in the 35<br />

Hamilton Street Commercial<br />

Centre building. Both investments<br />

demonstrate a desire for<br />

large-scale co-investment partners,<br />

where there is alignment<br />

in values and mutually beneficial<br />

skill sets and positive outcomes<br />

that provide intergenerational<br />

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

region.<br />

Quayside Holdings Limited was<br />

established to hold the Port <strong>of</strong><br />

Tauranga shares owned by <strong>Bay</strong><br />

<strong>of</strong> <strong>Plenty</strong> Regional Council in<br />

1991. 30 years later, Quayside has<br />

evolved to become a diversified<br />

investment manager with several<br />

subsidiaries and total group<br />

assets <strong>of</strong> $3.3 billion.<br />

Invested in our Future<br />

Mauri Ora Roa<br />

quaysideholdings.co.nz


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 13<br />

EMPLOYMENT LAW<br />

Workplace law update<br />

As we close out <strong>2023</strong>, many employers are buoyed<br />

by the new National led coalition government.<br />

In this article, we explore what this will mean for<br />

New Zealand’s employment, health and safety and<br />

immigration law over the next year and update you<br />

on the emerging themes we are seeing in workplaces.<br />

Workplace laws<br />

under a National-ACT<br />

Coalition Government<br />

National and ACT agree on the<br />

following workplace law changes,<br />

which we expect to happen in<br />

2024:<br />

• Repeal the Fair Pay Agreements<br />

Act 2022 (and end fair<br />

pay agreement bargaining<br />

currently underway with six<br />

industries).<br />

• Reinstate 90-day trial periods<br />

for all businesses (meaning<br />

those with over 20 employees<br />

would be able to use 90-day<br />

trial provisions with unjustified<br />

dismissal protections).<br />

• Remove the requirement to<br />

pay Immigration NZ’s (INZ)<br />

“median wage” to meet<br />

Accredited Employer Work<br />

Visa (AEWV) requirements.<br />

• Amend the Parental Leave<br />

and Employment Protection<br />

Act 1987 to allow parents to<br />

divide paid parental leave<br />

between them in the way that<br />

they think is best, eg taking<br />

this at the same time, one after<br />

the other or in overlapping<br />

instalments.<br />

• Create a new visa category<br />

that will allow parents and<br />

grandparents sponsored by<br />

their children or grandchildren<br />

to apply for a multiple<br />

entry visa, allowing for travel<br />

over a period <strong>of</strong> five years.<br />

Finer details are to be agreed<br />

but National has said it would<br />

require visa holders to have<br />

health insurance for the duration<br />

<strong>of</strong> their stay, while ACT<br />

says visa holders will need<br />

to pay a $3,500 annual fee<br />

towards a public health fund.<br />

National has also indicated<br />

further immigration changes<br />

(although the coalition make up<br />

will impact progression <strong>of</strong> these<br />

policies) including:<br />

• New visa categories.<br />

• Priority processing services for<br />

fast tracking INZ applications.<br />

• Doubling the Regional Seasonal<br />

Worker Scheme cap and<br />

exploring new countries for<br />

this and changing the Working<br />

Holiday Visa (WHV) Scheme,<br />

including increasing the age<br />

from 30 to 35 and allowing second<br />

and third WHVs for some<br />

workers.<br />

Tikanga in the<br />

workplace<br />

Recent Employment Court decisions<br />

regarding the application<br />

<strong>of</strong> tikanga/tikanga values in the<br />

workplace have highlighted the<br />

importance <strong>of</strong> employers applying<br />

these values appropriately<br />

for their workplace context, at<br />

least where they have committed<br />

to this or are otherwise asked to<br />

take account <strong>of</strong> cultural considerations<br />

by employees.<br />

The Court has commented<br />

that in order to uphold tikanga/<br />

tikanga values in the workplace,<br />

effort must be applied and sustained<br />

from beginning to end <strong>of</strong><br />

the employment relationship and<br />

this requires more than simple<br />

translations that seek to embed<br />

tikanga/Te Ao Māori in Pakeha<br />

concepts.<br />

Employers are expected to<br />

engage appropriate Tikanga<br />

experts or cultural advisors to<br />

build on their understanding and<br />

application <strong>of</strong> the same.<br />

KATE ASHCROFT AND<br />

CHRISTIE MCGREGOR,<br />

Partners, Copeland Ashcr<strong>of</strong>t<br />

Kate and Christie act for employers<br />

across a wide range <strong>of</strong> industries<br />

nationwide, giving advice and providing<br />

representation in disputes.<br />

Employee or<br />

Contractor?<br />

Scrutiny <strong>of</strong> independent contractor<br />

arrangements by the<br />

Court continues and employers<br />

are well advised to review these<br />

arrangements to make sure they<br />

are fit for purpose.<br />

Health and Safety<br />

Mental health is firmly on Work-<br />

Safe’s radar. It is investigating<br />

complaints, and we anticipate a<br />

prosecution in respect <strong>of</strong> harm<br />

to mental health to happen soon.<br />

Employers whose health and<br />

safety management plan does not<br />

deal with bullying, harassment,<br />

discrimination or psychosocial<br />

risks and mental health are likely<br />

to be exposed in this respect,<br />

with recent statistics indicating<br />

29% <strong>of</strong> complaints to WorkSafe<br />

are mental health related.<br />

WorkSafe will also continue<br />

its focus on key industries such<br />

as agriculture, construction, forestry,<br />

manufacturing, healthcare<br />

and social assistance according<br />

to its Harm Reduction Plan,<br />

including holding those at the top<br />

<strong>of</strong> organisations to account for<br />

health and safety failings.<br />

Other law changes<br />

There are also possible key law<br />

changes coming around:<br />

• Human rights, proposing to<br />

make discrimination on the<br />

grounds <strong>of</strong> gender identity<br />

or expression, or variation <strong>of</strong><br />

sex characteristics unlawful,<br />

and to include an obligation to<br />

make reasonable accommodations<br />

for all LGBTQIA+ people<br />

in the workplace; and<br />

• Privacy, proposing changes<br />

including a new notification<br />

obligation on an agency when<br />

it collects personal information<br />

indirectly, to update New<br />

Zealand’s privacy laws in line<br />

with international best practice.<br />

Under the new principle<br />

the collecting agency would<br />

be required to notify an<br />

individual <strong>of</strong> a range <strong>of</strong> matters,<br />

including its name and<br />

address, the purpose <strong>of</strong> collection,<br />

and rights <strong>of</strong> access to<br />

and correction <strong>of</strong> information.<br />

Immigration<br />

Accredited employers can expect<br />

Immigration New Zealand (INZ)<br />

to be completing audit checks<br />

(INZ targets are that this will be on<br />

15% <strong>of</strong> accredited employers each<br />

year) on accreditation and general<br />

immigration requirements<br />

including to ensure that migrant<br />

workers are not being exploited.<br />

These checks were expected,<br />

after INZ granted accreditation to<br />

numerous employers at pace and<br />

without any deep review <strong>of</strong> the<br />

applications for these.<br />

As such, employers who are<br />

audited are well advised to seek<br />

advice in engaging with INZ as<br />

their accreditation is at stake. INZ<br />

has advised that as <strong>of</strong> 6 November<br />

<strong>2023</strong>, 94 employer accreditations<br />

have been revoked and<br />

21 suspended, following these<br />

checks.<br />

The list <strong>of</strong> immigration<br />

requirements that employers will<br />

need to keep on top <strong>of</strong> continues<br />

to grow. The Worker Protection<br />

(Migrant and Other Employees)<br />

Bill (Act) is scheduled to come<br />

into force from 6 January 2024.<br />

This Act will allow MBIE/<br />

INZ to raise a new strict liability<br />

infringement <strong>of</strong>fence where a<br />

migrant worker is employed in a<br />

manner that is inconsistent with<br />

the conditions on their work visa<br />

or where a migrant worker is<br />

employed when they do not hold<br />

an appropriate visa.<br />

The finer details <strong>of</strong> how MBIE<br />

will operationalise the Act has not<br />

been released yet, however it is<br />

likely that the infringement penalty<br />

($3000 per worker for companies)<br />

will be added to existing<br />

penalties that can be raised.<br />

The <strong>of</strong>fence is widely worded<br />

and captures scenarios including<br />

where a migrant worker is: paid<br />

below the wage rate, working<br />

outside the location or in a role<br />

that is not the role, set on their<br />

Accredited Employer Work Visa.<br />

Keeping up to date<br />

with changes<br />

As changes come into play with<br />

the new government, employers<br />

can maximise the opportunities<br />

presented by changing<br />

workplace laws by seeking the<br />

right advice and documentation<br />

to support this, ensuring they<br />

remain competitive in the current<br />

market and managing risk<br />

appropriately amidst the headwinds<br />

that business faces.<br />

Copeland Ashcr<strong>of</strong>t Workplace Lawyers provide specialist advice, representation<br />

and support across employment, immigration and health and safety law, to<br />

businesses throughout New Zealand.<br />

To receive invitations to our workshop and seminar<br />

series, and keep up to date with the latest on<br />

Employment, Health and Safety and Immigration law<br />

issues, visit www.copelandashcr<strong>of</strong>t.co.nz and subscribe.<br />

www.copelandashcr<strong>of</strong>t.co.nz | Phone 07 577 8662 | Tauranga: Level 4, 35 Grey Street


14 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

LAW<br />

“You want to be prepared, deliberate and intentional – don’t give your<br />

accountant and your lawyer a back-<strong>of</strong>-a-napkin proposal”<br />

Looking to exit<br />

your business?<br />

Don’t leave it too late<br />

The prospect <strong>of</strong> buying or<br />

selling a business is top <strong>of</strong><br />

mind for many people now<br />

the general election is over.<br />

Election pledges to lower tax<br />

cost and compliance, change<br />

employment law, improve cash<br />

flow, cut red tape and provide<br />

better access to capital for small<br />

business owners, have left people<br />

buoyed at the prospect <strong>of</strong> better<br />

economic times ahead.<br />

Commercial law specialist<br />

Andy Martin says a good window<br />

is now available for people to<br />

prepare their business for sale –<br />

but warns many owners leave it<br />

far too late to connect with their<br />

advisers.<br />

“You want to be prepared,<br />

deliberate and intentional – don’t<br />

give your lawyer a back-<strong>of</strong>-a-napkin<br />

proposal and tell them to settle<br />

it in two weeks. You may have<br />

negotiated a perfect exit but nine<br />

times out <strong>of</strong> 10, people who take<br />

a bit more time, have a deliberate<br />

focus and are willing to take<br />

advice will achieve far better<br />

outcomes.”<br />

Andy worked for Buddle<br />

Findlay in Auckland for 15 years<br />

before moving to Tauranga earlier<br />

this year to join Cooney Lees<br />

Morgan’s Corporate and Commercial<br />

team as Special Counsel.<br />

He has a broad corporate<br />

and commercial advisory practice,<br />

with a focus on mid-market<br />

mergers and acquisitions.<br />

He says Cooneys has already<br />

noticed an upturn in corporate<br />

commercial legal activity and<br />

he predicts that trend is likely<br />

to continue under the new<br />

government.<br />

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

medium business owners who<br />

have been waiting for the uncertainty<br />

<strong>of</strong> an election to dissipate<br />

before making big decisions as<br />

they want a bit more confidence<br />

around the economy. And there<br />

will be buyers and investors who<br />

were sitting on their hands for<br />

the same reason.”<br />

But Andy warns there’s still<br />

not a lot <strong>of</strong> government money<br />

to go around and the economic<br />

environment won’t change overnight.<br />

“The country is hugely in<br />

deficit and will be for another<br />

few years, so there won’t be a<br />

bottomless lolly jar for helping<br />

SMEs. But generally, business<br />

owners appear to have more<br />

comfort that their interests<br />

may be slightly higher on the<br />

agenda and have a more positive<br />

outlook.”<br />

Andy says a number <strong>of</strong> factors<br />

suggest that merger and acquisition<br />

activity in the SME space is<br />

rebounding and could be poised<br />

to rise in 2024, with one <strong>of</strong> the<br />

key factors being an increasing<br />

focus on exits and sell downs by<br />

business owners as part <strong>of</strong> their<br />

generational succession planning.<br />

However, while interest<br />

rates are forecast to start easing<br />

next year, the current high cost<br />

<strong>of</strong> capital means buyers will continue<br />

to be selective with their<br />

investments and acquisitions. So<br />

now is the time to work closely<br />

with your accountant and lawyer<br />

to get everything in order.<br />

“As always, business owners<br />

need to work on their business<br />

as well as in it. <strong>Business</strong>es<br />

have been operating in a tough<br />

economic environment for the<br />

last two or three years and may<br />

have not had particularly good<br />

growth, or could even have suffered<br />

a bit <strong>of</strong> a decline. They’ll be<br />

wanting to restore their trading<br />

performance and increase their<br />

enterprise value.”<br />

Andy says owners who wish<br />

to exit within the next year or<br />

two should start looking at ways<br />

to improve their business now<br />

so it’s more attractive to buyers<br />

– both from a financial perspective<br />

by improving trading results,<br />

and also from a legal perspective<br />

by examining their business<br />

structure.<br />

“Speak to your lawyer and<br />

accountant early. The earlier, the<br />

better. It doesn’t have to be an<br />

in-depth discussion. Just start a<br />

conversation and get a realistic<br />

idea <strong>of</strong> what’s ahead <strong>of</strong> you.”<br />

Accountants can help frame<br />

ANDY MARTIN,<br />

Special Counsel, Cooney Lees Morgan<br />

up financial reports to improve<br />

a potential valuation, while your<br />

lawyer will help assess what you<br />

ultimately want to achieve from a<br />

sale. Important issues to consider<br />

include whether your business is<br />

more suited for selling as a share<br />

sale or an asset sale, the extent<br />

to which a founding vendor<br />

needs to remain in the business<br />

to make sure the value is realised<br />

for the purchaser, and the risk<br />

pr<strong>of</strong>ile that a vendor is prepared<br />

to accept because every sale and<br />

purchase agreement is different.<br />

Owners should consider<br />

whether critical areas <strong>of</strong> the<br />

business need to be reviewed or<br />

restructured. “There’s usually<br />

low hanging fruit you can do<br />

straight away, like considering if<br />

you need to secure key customers<br />

and suppliers with contracts,<br />

making sure you own your IP,<br />

resolving outstanding disputes<br />

and examining your leases. Is<br />

there anything else you can do<br />

to make your business better<br />

over the longer term, and therefore<br />

more appealing to potential<br />

buyers? A strategic review with<br />

inputs from your pr<strong>of</strong>essional<br />

advisors may prove invaluable.”<br />

Helpfully, Andy has written a<br />

comprehensive article on what<br />

to consider before selling your<br />

business which is available now<br />

on Cooney’s website.<br />

“I recommend allowing at<br />

least three to 12 months to properly<br />

prepare your business for<br />

sale.<br />

At the end <strong>of</strong> the day, it only<br />

takes one buyer and one seller<br />

to make a transaction happen.<br />

Talking to your advisers early<br />

can help achieve the most productive<br />

deal.”<br />

Thinking <strong>of</strong> selling<br />

your business?<br />

If you’re interested in digging a bit deeper into how the process <strong>of</strong><br />

preparing and selling your business might look, I think you’ll find my<br />

article “6 Things To Consider Before Selling Your <strong>Business</strong>” really helpful.<br />

If you’d like to start a discussion about your full or partial business exit,<br />

whether that’s imminent or part <strong>of</strong> a long-term plan, contact me or<br />

another member <strong>of</strong> our Corporate & Commercial Team.<br />

Andy Martin | Special Counsel: 07 927 0588 or amartin@clmlaw.co.nz<br />

6 Things To<br />

Consider Before Selling<br />

Your <strong>Business</strong><br />

247 Cameron Road, Tauranga | cooneyleesmorgan.co.nz


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 15<br />

PROPERTY INVESTMENT FUNDS<br />

Steadfast governance in<br />

times <strong>of</strong> economic flux<br />

This year, PMG Funds <strong>of</strong>ficially welcomed Dr Wayne Beilby as Chair <strong>of</strong> the Board after five years as Independent Director. His wealth<br />

<strong>of</strong> experience and intimate knowledge <strong>of</strong> PMG has been highly valuable to support resilience and continued growth. Wayne shares his<br />

thoughts on the importance <strong>of</strong> good governance and strategy when navigating challenging economic environments.<br />

A year <strong>of</strong> challenge<br />

and opportunity<br />

The echo <strong>of</strong> shifting economic<br />

tides has resonated<br />

across New Zealand’s<br />

investment landscape in <strong>2023</strong>,<br />

presenting both challenges and<br />

opportunities for investors.<br />

According to Wayne, it’s exactly<br />

these types <strong>of</strong> turbulent seas that<br />

differentiate the skilled sailors<br />

from the less experienced ones.<br />

“PMG’s reputation for<br />

growing wealth has been built<br />

on 30 years <strong>of</strong> prudent, hands-on<br />

management and meaningful<br />

relationships with investors,<br />

tenants and partners.<br />

“Our sound governance and<br />

strategy now <strong>of</strong>fer our four<br />

generations <strong>of</strong> investors a sense<br />

<strong>of</strong> stability, as they can trust in<br />

Scott and the team to steady<br />

the waka through challenging<br />

economic times.”<br />

Building investor<br />

confidence through<br />

guardianship<br />

Wayne’s background in<br />

governance and leadership<br />

across the risk, financial<br />

management and corporate<br />

law sectors means he is wellpositioned<br />

to lead the board and<br />

executive to deliver PMG’s longterm<br />

vision.<br />

“It’s important to have strong<br />

leadership and a clear vision<br />

for where you want to go,” says<br />

Wayne.<br />

“When I stepped in as an<br />

Independent Director six years<br />

ago, the purpose <strong>of</strong> my role was<br />

to provide objective insights into<br />

the discussions in the boardroom<br />

– a fresh pair <strong>of</strong> eyes, if you will.<br />

As Chair, in a way that is still<br />

what I do, however I’m now<br />

more focused on driving the<br />

strategic direction <strong>of</strong> the PMG<br />

business to ensure continued<br />

long-term growth.<br />

“PMG’s governance framework<br />

is anchored in resilience,<br />

adaptability, and a commitment<br />

to ethical practices, acting as<br />

guardians <strong>of</strong> investors’ wealth,<br />

tenants’ business success, and the<br />

staff’s success and wellbeing.”<br />

“I see a lot <strong>of</strong> genuine care and<br />

personal drive by the team to<br />

achieve results for our investors,<br />

ensuring that the funds are as<br />

robust as they can possibly be.<br />

This means regularly reviewing<br />

the portfolio asset allocation,<br />

diversification <strong>of</strong> fund assets and<br />

levels <strong>of</strong> gearing,” says Wayne.<br />

A sustainable vision<br />

for the future<br />

PMG’s proactive stance on<br />

Environmental, Social, and<br />

Governance (ESG) factors<br />

stands as another example <strong>of</strong> its<br />

visionary governance approach.<br />

PMG’s engagement in sustainability<br />

initiatives predates<br />

industry norms.<br />

Wayne believes this not<br />

only reflects a commitment to<br />

responsible investment practices,<br />

but more pragmatically also<br />

positions its funds to perform well<br />

under potentially more stringent<br />

environmental regulations,<br />

contributing to improved<br />

environmental performance and<br />

reduced costs for tenants.<br />

Beyond sustainability and<br />

sound strategy, PMG also places<br />

emphasis on diverse expertise,<br />

backgrounds, and age within its<br />

leadership team.<br />

Acknowledging the influence<br />

<strong>of</strong> rapid technological advancements,<br />

Wayne highlights the<br />

necessity <strong>of</strong> diverse perspectives<br />

to navigate the evolving landscape,<br />

ensuring PMG remains<br />

adaptive and innovative in<br />

its strategy and management<br />

approach.<br />

Resilience is built on<br />

strong foundations<br />

This commitment to essentially<br />

doing the right thing means<br />

that many investors view PMG<br />

as a safe pair <strong>of</strong> hands, while<br />

also <strong>of</strong>fering a means for keen<br />

commercial property investors<br />

to tap into a typically tougher<br />

investment market.<br />

Wayne (<strong>of</strong> Ngāti Pukenga,<br />

Ngāti Ranginui and Ngāi Te<br />

Rangi) likens PMG’s relationshipbased,<br />

collaborative approach<br />

to investment and commercial<br />

property management to the te<br />

ao Māori worldview.<br />

“In some ways Denis<br />

McMahon, who started PMG<br />

back in 1992, unknowingly built<br />

a business on Māori principles <strong>of</strong><br />

guardianship and family – and<br />

I believe this has been a key to<br />

setting us apart, and enabling<br />

our resilience,” says Wayne.<br />

“I have seen them take a<br />

careful stewardship approach’ to<br />

balancing short term costs with<br />

ensuring long term performance,<br />

but always remaining committed<br />

to PMG’s vision and principles.”<br />

“I have full confidence in<br />

Scott and the team’s ability to<br />

continue to provide<br />

ease <strong>of</strong> access to<br />

commercial property<br />

investment for more<br />

Kiwi investors, so they<br />

can enjoy the benefits<br />

<strong>of</strong> regular and<br />

sustainable income,<br />

with the potential<br />

for growth in<br />

value over time.”<br />

DR WAYNE<br />

BEILBY<br />

Chairman<br />

<strong>of</strong> the Board,<br />

PMG Funds<br />

Disclaimer: The information in this<br />

article is <strong>of</strong> a general nature and<br />

was current as at Wednesday, 22<br />

November <strong>2023</strong>. It is not intended<br />

to be regulated financial advice for<br />

the purpose <strong>of</strong> the Financial Markets<br />

Conduct Act 2013 and does not take your<br />

individual circumstances and financial<br />

situation into account. PMG does not<br />

provide financial advice. Please seek advice<br />

from a licenced financial advisor before<br />

making any investment decisions.<br />

We've been using our<br />

property and investment<br />

smarts to help Kiwis get<br />

ahead for over 30 years.<br />

Providing four successive generations <strong>of</strong><br />

investors with cashflow through regular returns<br />

and a pathway to financial freedom through<br />

long-term capital growth.<br />

Better still, we’ve done this by providing<br />

New Zealand businesses and their staff with<br />

quality, sustainable premises from which to<br />

make their mark on the world.<br />

Reach out to our team today<br />

for more information.<br />

07 578 3494 pmgfunds.co.nz<br />

The information in this advertisement is <strong>of</strong> a general nature and was current as at 22 November <strong>2023</strong>. It is not intended to<br />

be regulated financial advice for the purpose <strong>of</strong> the Financial Markets Conduct Act 2013 and does not take your individual<br />

circumstances and financial situation into account. PMG does not provide financial advice. Please seek advice from a<br />

licenced financial advice provider before making any investment decisions.


16 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

ACCOUNTING & ADVISORY<br />

Deloitte expands<br />

presence with new<br />

Tauranga <strong>of</strong>fice<br />

ANDREA SCATCHARD,<br />

Tax and <strong>Business</strong><br />

Advisory, Deloitte<br />

PAUL SHALLARD,<br />

Consulting,<br />

Deloitte<br />

Leading pr<strong>of</strong>essional services firm, Deloitte, has recently opened a new <strong>of</strong>fice in<br />

Tauranga, marking a significant step in its continued expansion across NZ.<br />

Deloitte’s “why” is to make<br />

an impact that matters –<br />

for our clients, our people<br />

and our community. The opening<br />

<strong>of</strong> our new <strong>of</strong>fice allows us to<br />

scale up the impact we are making<br />

in the region already, bringing<br />

more choice to businesses operating<br />

here and creating new opportunities<br />

for our people. Our new<br />

<strong>of</strong>fice in Hamilton St in the CBD is<br />

led by Partners Andrea Scatchard<br />

(Tax and <strong>Business</strong> Advisory) and<br />

Paul Shallard (Consulting), who<br />

both live locally.<br />

Reflecting the high levels <strong>of</strong><br />

growth experienced in Tauranga<br />

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

region in recent years, our decision<br />

to establish a physical presence<br />

in Tauranga aligns with our<br />

commitment to be at the forefront<br />

<strong>of</strong> industry transformation<br />

and to support regional growth.<br />

Like the introduction <strong>of</strong> cloud<br />

computing before it, the rise <strong>of</strong><br />

AI will be a huge disruptor in<br />

the way we as pr<strong>of</strong>essional service<br />

providers work with our<br />

clients. AI will put more power<br />

in the hands <strong>of</strong> business owners<br />

and management by automating<br />

time-consuming and routine<br />

tasks, including simple reporting<br />

using the many tools that bolt<br />

on to cloud-based accounting<br />

systems.<br />

As accounting service providers,<br />

this provides us with the<br />

opportunity to focus on more<br />

complex and value-adding services<br />

by using our real-world<br />

experience to provide insights<br />

into the financial data and work<br />

alongside business owners and<br />

management to develop tailored<br />

business solutions.<br />

At Deloitte, the provision <strong>of</strong><br />

Virtual Financial Services has<br />

grown out <strong>of</strong> this transformational<br />

change in the accounting<br />

industry, and this is one <strong>of</strong> the key<br />

strengths <strong>of</strong> our Tauranga team.<br />

What are Virtual<br />

Financial Services?<br />

Traditionally, small and medium-sized<br />

businesses have relied<br />

on in-house finance teams to<br />

handle all <strong>of</strong> their financial matters.<br />

However, this approach<br />

can be costly and impractical for<br />

many companies. Virtual Financial<br />

Services <strong>of</strong>fers an alternative<br />

solution by providing businesses<br />

with outsourced financial expertise<br />

without the need for a full<br />

finance team on the payroll.<br />

Virtual Financial Services<br />

involve engaging a team <strong>of</strong> experienced<br />

financial pr<strong>of</strong>essionals<br />

specialising in strategic financial<br />

planning, budgeting, forecasting,<br />

financial analysis, tax<br />

planning and overall financial<br />

management.<br />

How do Virtual<br />

Financial Services<br />

Work?<br />

Deloitte Virtual Financial Services<br />

typically operate on a subscription-based<br />

model, allowing<br />

businesses to choose a package<br />

that suits their specific needs and<br />

budget. Our team works closely<br />

with the business to gain a deep<br />

understanding <strong>of</strong> its financial<br />

and operational goals.<br />

After conducting a comprehensive<br />

financial analysis, we<br />

work with you to develop a customised<br />

financial plan tailored to<br />

the business’s objectives.<br />

The benefits <strong>of</strong> Virtual Financial<br />

Services include:<br />

• Cost-effectiveness<br />

• Access to external expertise<br />

• Scalability as your business<br />

grows and matures<br />

• Allows you to focus on core<br />

competencies<br />

• Brings an independent and<br />

objective perspective to your<br />

business<br />

• Provides expert risk assessment<br />

and management.<br />

If this sounds like something<br />

that would benefit your business,<br />

or you just want to chat about the<br />

wide range <strong>of</strong> other services that<br />

Deloitte provides, please get in<br />

touch – we can’t wait to talk with<br />

you. We are in our Hamilton<br />

Street <strong>of</strong>fice until Q2 2025 when<br />

we will be moving to the wonderful<br />

new Northern Quarter complex<br />

right on The Strand.<br />

Obstacles<br />

Connect<br />

Collaborate<br />

Deliver<br />

Advantage<br />

Future-pro<strong>of</strong>ing your business in a<br />

constantly changing environment.<br />

We’re here in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> to help<br />

businesses elevate finance function<br />

performance and delivery.<br />

Connect with us to find out more about<br />

how we can help.<br />

Andrea Scatchard – ascatchard@deloitte.co.nz<br />

Paul Shallard – pshallard@deloitte.co.nz<br />

© <strong>2023</strong>. Deloitte Limited (as trustee for the Deloitte Trading Trust).


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 17<br />

LOCAL GOVERNMENT<br />

The Te Manawataki o Te Papa development will transform Tauranga city centre.<br />

Revitalising Tauranga’s heart<br />

Work begins on city centre transformation<br />

Gareth Wallis discussing the scope <strong>of</strong> Tauranga’s city centre transformation with a recent tour group.<br />

After decades <strong>of</strong> neglect and<br />

indecision, we’re now working with our<br />

city partners and the community to create a<br />

city centre that will be a very special place.<br />

This is a once in a generation opportunity.”<br />

Gareth Wallis’ excitement<br />

about his role as Tauranga<br />

City Council’s General<br />

Manager: City Development &<br />

Partnerships is palpable.<br />

There’s a very good reason<br />

for that – the projects his team<br />

are working on, amongst other<br />

things, are steadily putting in<br />

place the building blocks for<br />

a rejuvenated city centre – a<br />

place visitors will talk about and<br />

remember, and locals will be<br />

proud <strong>of</strong>.<br />

“After decades <strong>of</strong> neglect and<br />

indecision, we’re now working<br />

with our city partners and the<br />

community to create a city centre<br />

that will be a very special place,”<br />

he says. “This is a once in a generation<br />

opportunity. I was brought<br />

up in Tauranga and the opportunity<br />

to be part <strong>of</strong> something like<br />

this is what gets me out <strong>of</strong> bed in<br />

the morning.”<br />

Gareth hails the vision <strong>of</strong> the<br />

Council’s commissioners, who<br />

made some bold decisions to<br />

reverse the fortunes <strong>of</strong> a commercial<br />

centre that had been in<br />

decline for years.<br />

“They understood that decisive<br />

action would be required<br />

to build the community facilities<br />

we had been lacking and get the<br />

heart <strong>of</strong> the city pumping again;<br />

and they also saw the opportunity<br />

to link those facilities to a<br />

wider city centre redevelopment<br />

which will also see the nearby<br />

waterfront reserve redeveloped<br />

into a welcoming greenspace,<br />

events venue and destination<br />

playground.”<br />

The ‘heart’ <strong>of</strong> this concept<br />

though is Te Manawataki o Te<br />

Papa (the heartbeat <strong>of</strong> Te Papa),<br />

the city’s former civic precinct,<br />

where a library and community<br />

hub, civic whare (public meeting<br />

space) and museum and exhibition<br />

gallery will take shape over<br />

the next five years.<br />

These long-awaited community<br />

facilities will see $306 million<br />

invested and with more than<br />

$1.5 billion in private and public<br />

sector investment also committed<br />

over the next eight years, the<br />

city centre will undergo an economic,<br />

cultural and social renaissance,<br />

bringing far-reaching benefits<br />

for generations to come.<br />

As the thought leader spearheading<br />

this significant work<br />

programme, Gareth is committed<br />

to restoring this once-vital area<br />

and making it a great place to<br />

live, work, learn and play.<br />

Gareth joined the Council in<br />

2017. He was appointed General<br />

Manager: Community Services<br />

in 2019 and then moved into his<br />

current position in 2022. Previously,<br />

he had worked in a variety<br />

<strong>of</strong> local government leadership<br />

roles and has a background in<br />

the performing arts, event management,<br />

and emergency management,<br />

the latter at a practical<br />

level as a Fire and Emergency<br />

New Zealand volunteer for<br />

nearly 20 years. He is a member<br />

<strong>of</strong> the <strong>Bay</strong> Venues Board <strong>of</strong> Directors<br />

and is a director <strong>of</strong> the AIMS<br />

Games.<br />

Gareth has a strong focus<br />

on relationship development<br />

within the community, enjoys<br />

building successful and engaged<br />

teams, and always strives to put<br />

in place processes that create<br />

accountability and transparency<br />

in decision-making.<br />

While the bulk <strong>of</strong> his team’s<br />

work is future-oriented, significant<br />

attention is also focused<br />

on the here and now. Work is<br />

underway on the upgrade <strong>of</strong><br />

Tunks Reserve and Elizabeth<br />

Street East and on the redevelopment<br />

<strong>of</strong> Masonic Park, which<br />

will link the civic precinct to the<br />

waterfront. The Council’s future<br />

leased administration <strong>of</strong>fice is<br />

rapidly taking shape at 90 Devonport<br />

Road and work on the new<br />

library and community hub facility<br />

is due to start early in 2024.<br />

“Council is also committed to<br />

supporting the city centre during<br />

this time <strong>of</strong> transformation and<br />

is implementing a range <strong>of</strong> initiatives<br />

to help with its ongoing<br />

growth, development and<br />

success.<br />

“Some <strong>of</strong> these include shortterm<br />

parking options, establishing<br />

a City Safety and Engagement<br />

Advisor, supporting the development<br />

<strong>of</strong> student accommodation,<br />

and creating events and<br />

activations to encourage people<br />

to come in and spend time in the<br />

area,” Gareth says.<br />

“We’re also meeting regularly<br />

with local business owners to<br />

listen and, where we can, implement<br />

any ideas that could help to<br />

reduce any short-term disruption<br />

to their operations.”<br />

To <strong>of</strong>fset the loss <strong>of</strong> parking<br />

spaces on the waterfront, the<br />

first stage <strong>of</strong> the redeveloped<br />

Dive Crescent car park opened<br />

recently and more on-street<br />

parking is being created, together<br />

with a new ground level car park<br />

at 160 Devonport Road and the<br />

return <strong>of</strong> the Spring Street car<br />

park building to full capacity following<br />

the completion <strong>of</strong> seismic<br />

strengthening work.<br />

With the warmer summer<br />

days approaching, an events calendar<br />

has been launched for the<br />

GARETH WALLIS,<br />

General Manager:<br />

City Development<br />

& Partnerships –<br />

Tauranga City Council<br />

city centre, bringing a range <strong>of</strong><br />

exciting free activities for everyone<br />

to enjoy. Organised by the<br />

Council and supported by Downtown<br />

Tauranga, the events aim to<br />

bring more people into the area<br />

over the coming months and support<br />

city centre businesses as the<br />

transformation takes place.<br />

“The activities and events<br />

planned for this summer are<br />

a great way to instantly inject<br />

more vibrancy into the area and<br />

give people a taste <strong>of</strong> what they<br />

can expect in the future,” Gareth<br />

says. “Everyone in the community<br />

can play their part in supporting<br />

the city centre during this<br />

time and we encourage people to<br />

keep visiting their favourite spots<br />

to shop, dine and attend events.<br />

“It’s also a great chance to see<br />

first-hand the exciting progress<br />

being made as our city centre<br />

transforms into a place that we<br />

can all enjoy and feel proud <strong>of</strong>.”


18 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

HIGH PERFORMANCE<br />

The ‘Titan <strong>of</strong> Tauranga’<br />

secret revealed<br />

Less than three years ago, Freddie Bennett arrived in Tauranga with<br />

no contacts, no network and no business to lead. Today, he owns<br />

New Zealand’s most powerful – and most exclusive – mastermind<br />

networking group. Discover the secret behind his meteoric<br />

rise from addiction and depression to Guinness World Record<br />

holder, adventurer, and leading the private members group that<br />

everybody wants to join… but nobody talks about.<br />

you keep a secret?”<br />

Freddie smiles conspiratorially.<br />

“I’m on a “Can<br />

heroic quest. Nothing exists like<br />

this in New Zealand. A mastermind<br />

group full <strong>of</strong> remarkable<br />

people sharing once-in-lifetime<br />

experiences, learning unique lessons<br />

in secret places.”<br />

It sounds like a far-fetched<br />

dream that’s impossible to<br />

deliver. But ‘impossible’ is what<br />

Freddie Bennett does best.<br />

Proving the doubters<br />

wrong<br />

Freddie learned about decision-making<br />

when a drug-dealer<br />

held a gun to his head and pulled<br />

the trigger.<br />

Living in the UK, his life<br />

appeared perfect: He had a<br />

young family, a Porsche on the<br />

driveway, a Rolex on the wrist<br />

and a successful career advising<br />

the executive teams <strong>of</strong> brands<br />

such as Coca-Cola, Amazon, Micros<strong>of</strong>t,<br />

Virgin Atlantic, Heineken,<br />

Kuwait Petroleum and many<br />

more.<br />

But underneath the surface,<br />

Freddie’s life was falling apart.<br />

A potent mix <strong>of</strong> stress, and overwhelming<br />

imposter syndrome<br />

led to anxiety, depression, and<br />

substance addiction.<br />

Freddie became disillusioned<br />

at living an unfulfilled existence.<br />

“I was someone I didn’t recognise”,<br />

he explains. “I felt trapped<br />

in this life <strong>of</strong> quiet desperation.<br />

And I felt guilty because I knew<br />

I had so much that I should be<br />

grateful for, which just made me<br />

feel even more stuck. I was unfit,<br />

overweight, addicted, suicidal<br />

and one bad decision away from<br />

fully burning-out and blowing-up<br />

my life.”<br />

Then, at 36, Freddie watched<br />

his father die suddenly and brutally<br />

before his eyes, and it gave<br />

him the wake-up call he needed.<br />

“My dad’s death made me realise<br />

I was wasting my life, wasting<br />

my potential and wasting time.<br />

I was a seven-figure leader at<br />

work. But I wasn’t a seven-figure<br />

husband. I wasn’t a seven-figure<br />

father. I didn’t have seven-figure<br />

habits and I certainly didn’t have<br />

a seven-figure body”.<br />

Nobody believed Freddie<br />

could change his ways - he’d tried<br />

and failed so many times before.<br />

But he embarked on what he<br />

called ‘a heroic quest’ to prove to<br />

himself - and to the world - what<br />

he was capable <strong>of</strong>.<br />

Completing the world’s toughest<br />

footrace – 300km unsupported<br />

across the scorching Sahara Desert<br />

in six days; breaking Guinness<br />

World Records; winning ultramarathons;<br />

running 100 miles<br />

non-stop through the wilderness;<br />

completing Ironman races;<br />

publishing a bestselling book;<br />

launching a globally acclaimed<br />

podcast and much more.<br />

This led him to be featured<br />

by media such as the BBC, Men’s<br />

Health magazine, the Daily Mail<br />

and invited to the United Nations<br />

as a mindset and resilience<br />

advisor.<br />

Then an opportunity to move<br />

to Aotearoa arose, and Freddie<br />

embraced the challenge. Despite<br />

never visiting the country before,<br />

and with no business, no support<br />

network, no contacts and<br />

no friends, he was determined to<br />

make a difference.<br />

Freddie hustled, knocked on<br />

doors and focused on serving<br />

others, and quickly built a successful<br />

business working with<br />

accountancy and advisory firms<br />

to give their teams the knowledge,<br />

mindset and habits to create<br />

client revenue ‘on demand’.<br />

“But I knew I could do more”,<br />

Freddie states. “I wanted to create<br />

something that nobody has<br />

ever done. Something that would<br />

give bold, talented kiwis access<br />

to a powerful network full <strong>of</strong><br />

remarkable people who could<br />

help them achieve amazing fulfilment,<br />

combined with unforgettable<br />

experiences”.<br />

So he chose to make the<br />

impossible dream a reality…and<br />

shoot for the stars.<br />

Aiming high<br />

Freddie created ‘Titan Sky’: A<br />

secret mastermind group for<br />

individuals who have already<br />

experienced an element <strong>of</strong> business<br />

and financial success but<br />

feel like something is missing<br />

from their lives.<br />

What exactly is a ‘Mastermind’<br />

group?<br />

“The concept <strong>of</strong> a Mastermind<br />

group was<br />

introduced by<br />

Napoleon Hill”, he<br />

explains. “It’s formed<br />

by bringing a small, select<br />

group <strong>of</strong> talented individuals<br />

together to learn, grow and<br />

expand their businesses, minds<br />

and lives. This was inspired by<br />

Hill’s many conversations with<br />

the highly successful business<br />

magnate, Andrew Carnegie, who<br />

attributed his entire fortune and<br />

success to his Mastermind group.<br />

I wanted to bring the concept to<br />

New Zealand”.<br />

Freddie has gone to great<br />

lengths to ensure Titan Sky is not<br />

another networking group: This<br />

is about bringing truly successful<br />

and elite individuals together<br />

in private to excel in all areas <strong>of</strong><br />

their lives, indulge in truly memorable<br />

experiences and make<br />

powerful connections.<br />

“As a newcomer to Tauranga<br />

– and to New Zealand – I had to<br />

do the rounds <strong>of</strong> the usual networking<br />

groups. I saw the same<br />

people promoting themselves in<br />

the same old way, at the same old<br />

meetings in the same old places<br />

drinking the same old terrible<br />

c<strong>of</strong>fee.”<br />

“I was looking for a network<br />

that would enrich my life. What<br />

we currently have made me<br />

emotionally, spiritually and<br />

financially poorer. And worst<br />

<strong>of</strong> all…I felt like these groups<br />

were wasting my most precious<br />

resource: Time”<br />

So when Freddie couldn’t<br />

find what he was looking for, he<br />

created it. The Titan Sky mastermind<br />

was born. But instead <strong>of</strong><br />

shouting it from the ro<strong>of</strong>tops, he<br />

did everything he could to keep it<br />

a secret. Until now.<br />

Few are chosen<br />

In a world where everyone is<br />

fighting for attention, Freddie<br />

wants to keep Titan Sky under<br />

the radar.<br />

“Success comes from subtraction”,<br />

he says. “I don’t want the<br />

world to know about Titan Sky.<br />

This won’t be for everyone, and<br />

that’s just the way it should be.”<br />

So who is likely to become a<br />

member?<br />

“We invite applications from<br />

people who feel like their edge in<br />

life has been dulled. They might<br />

not feel truly recognised or fulfilled,<br />

despite the sacrifices<br />

they’ve made over the years.<br />

Individuals who want to join<br />

Titan Sky <strong>of</strong>ten are <strong>of</strong>ten eager<br />

to regain their ‘lost’ strength,<br />

spirit and energy and or can’t<br />

remember when they last felt<br />

truly challenged or alive. And<br />

most <strong>of</strong> all, they must be excited<br />

by the prospect <strong>of</strong> powerful conversations<br />

with remarkable<br />

people in secret places.”<br />

For those who do make<br />

it inside, a truly memorable<br />

experience awaits.<br />

“Members <strong>of</strong> Titan Sky will<br />

make deals, make memories and<br />

make their lives count for something<br />

more”, Freddie says.<br />

“This is about sharing experiences<br />

with truly powerful<br />

experts, leaders and masters <strong>of</strong><br />

their fields while rediscovering<br />

their ‘true’ self, in terms <strong>of</strong> health,<br />

fitness and relationships, and to<br />

be held accountable for excelling<br />

in this area <strong>of</strong> their lives.”<br />

A different set <strong>of</strong> rules<br />

Freddie has gone to great lengths<br />

to ensure Titan Sky delivers a<br />

business, personal and developmental<br />

experience like no other.<br />

Privacy and secrecy within<br />

the group are paramount.<br />

Rather than sending standard<br />

emails and calendar invites to<br />

the bi-monthly meetings, members<br />

receive information via<br />

hand-written, wax-sealed letters.<br />

The mastermind also has a<br />

strict ‘no conference centre’ rule.<br />

(“Meeting rooms are where inspiration<br />

goes to die”, Freddie says).<br />

Titan Sky members convene in<br />

locations such as maximum security<br />

prisons, the stage <strong>of</strong> a closed<br />

opera house, cutting-edge tech<br />

labs and military bases.<br />

The exact location is kept a<br />

secret until the day <strong>of</strong> the meeting,<br />

and Freddie gives a guarantee<br />

that Titan Sky members will<br />

get a transformative experience,<br />

a life lesson and a story to tell<br />

that will never be forgotten.<br />

It’s bold. It’s brash. It’s ambitious.<br />

It’s disruptive. And that’s<br />

exactly how Freddie likes it.<br />

“I want to make Tauranga<br />

stand out, not just in New Zealand,<br />

but across the world”, Freddie<br />

states. “You don’t stand out<br />

by aiming for mediocrity or reinventing<br />

the wheel”.<br />

Is he worried that the five-figure<br />

annual membership fee will<br />

put people <strong>of</strong>f?<br />

“That’s the plan”, Freddie<br />

replies. “I’m hoping 99% <strong>of</strong><br />

people don’t want to apply.<br />

As Groucho Marx once said: I<br />

wouldn’t want to be part <strong>of</strong> any<br />

club that would welcome me<br />

as a member. But for the 1%...<br />

you will experience something<br />

money cannot buy.”<br />

Freddie’s vision for Titan Sky<br />

is certainly bold, and potentially<br />

impossible. But for someone who<br />

enjoys making the impossible<br />

happen…it appears the sky’s the<br />

limit.<br />

Titan Sky has no website.<br />

Membership applications<br />

are made in writing. Contact<br />

can be made by emailing<br />

hello@freddiembennett.com


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 19<br />

FINANCIAL SERVICES<br />

Thinking <strong>of</strong> seeing<br />

a financial advisor?<br />

Sarah Ashby and Simon Bradley, wealth management advisors at Jarden<br />

explain what to expect and what to ask when consulting a financial advisor.<br />

For many people, choosing<br />

to see a financial adviser<br />

is a big decision. Talking<br />

about money and finances can be<br />

a deeply personal topic and for<br />

some people, it isn’t something<br />

they’re used to being open about.<br />

As financial advisers, we get to<br />

meet with new clients for a range<br />

<strong>of</strong> reasons. It’s generally connected<br />

to a change <strong>of</strong> situation,<br />

and they need help with what<br />

to do next. Often this is positive,<br />

where people are taking the next<br />

step towards their future by selling<br />

a property or their business,<br />

or being proactive in planning for<br />

retirement or building a legacy<br />

for their family.<br />

On the other hand, sometimes<br />

the need to talk to an adviser can<br />

come from a place <strong>of</strong> sadness if a<br />

loved one has passed away and<br />

left provisions for you in their<br />

will.<br />

Whatever the case, we find<br />

the first meeting is an important<br />

one. Our approach is to spend<br />

time with new clients and do a<br />

lot <strong>of</strong> listening and asking questions.<br />

This way, we can get an<br />

understanding <strong>of</strong> their current<br />

circumstances, find out what they<br />

are looking for in an adviser and<br />

what their goals are.<br />

At this point, we will likely<br />

have a few different options that<br />

work for different scenarios and<br />

goals. At Jarden, we <strong>of</strong>fer the full<br />

range <strong>of</strong> services, from transactional<br />

advice only (e.g. share<br />

broking) to a full portfolio management<br />

services. We will recommend<br />

which service we think<br />

would be most appropriate and<br />

outline the applicable fees.<br />

If it is determined that a portfolio<br />

management service is appropriate,<br />

a big part <strong>of</strong> that meeting<br />

will involve talking about the<br />

client’s risk pr<strong>of</strong>ile, discussing<br />

both their tolerance and ability to<br />

accept risk in a portfolio.<br />

The risk assessment is vital for<br />

both the adviser and the client<br />

to understand levels <strong>of</strong> comfort<br />

(or discomfort) with movements<br />

in the share market – especially<br />

given the recent volatility. This<br />

can also be an interesting exercise<br />

for couples where they may<br />

both have different risk pr<strong>of</strong>iles,<br />

and we need to find a way<br />

forward.<br />

A financial adviser will make<br />

sure that someone with a conservative<br />

appetite doesn’t end up<br />

with a high-risk portfolio only to<br />

find they are concerned and cash<br />

up when the market goes down.<br />

The effect <strong>of</strong> cashing up when the<br />

market falters can result in locking<br />

in losses, so it’s important to<br />

always consider the client’s goals<br />

and reasons for investing in the<br />

first place. Our job as advisers is<br />

to help them stick to the agreed<br />

long term investment strategy,<br />

rather than reacting to short term<br />

market movements.<br />

We <strong>of</strong>ten have clients tell<br />

us how valuable it is to have a<br />

chance to have open, frank conversations<br />

about money and<br />

goals in a way that they don’t feel<br />

comfortable doing with family or<br />

friends.<br />

One option that usually holds<br />

a lot <strong>of</strong> appeal for our clients is<br />

our Discretionary Investment<br />

Management Service (DIMS),<br />

which is where we provide a<br />

diversified investment portfolio<br />

that is bespoke to the client. We<br />

take care <strong>of</strong> the initial portfolio<br />

set up and the ongoing investments<br />

decisions so that clients<br />

don’t need to do that themselves.<br />

For this service, after the<br />

initial meeting we prepare an<br />

investment proposal and present<br />

it to the client for review. In<br />

this, we play back to them what<br />

they’ve told us and recommend<br />

a way to invest in a portfolio that<br />

will fit with their risk pr<strong>of</strong>ile and<br />

help them achieve their investment<br />

goals. At this point, we talk<br />

more about the fees for their specific<br />

portfolio.<br />

Once the client has reviewed<br />

this and given us the green light,<br />

we proceed with creating the<br />

portfolio and taking care <strong>of</strong> it for<br />

them. We set up the portfolio,<br />

purchase all the assets, and create<br />

online access so the client can<br />

view their investment at any time.<br />

Many clients tell us they<br />

would find setting up a portfolio<br />

a daunting task and they’re<br />

delighted that we can do this<br />

for them quickly and easily. We<br />

take care <strong>of</strong> the portfolio over<br />

time – everything from making<br />

investment decisions and regular<br />

reporting – we even provide a tax<br />

report for you.<br />

It’s such a privilege for us to<br />

build long-term relationships<br />

with our clients and we love nothing<br />

more than seeing our clients<br />

achieve their goals.<br />

If seeking financial advice is<br />

on your to-do list, we hope sharing<br />

this process has helped demystify<br />

things and let you know<br />

what you should expect.<br />

Sarah Ashby 027 211 0760<br />

Simon Bradley 027 427 3899<br />

www.jarden.co.nz<br />

SARAH ASHBY,<br />

Wealth Management Advisor, Jarden<br />

SIMON BRADLEY,<br />

Wealth Management Advisor, Jarden<br />

Disclaimer: Sarah Ashby and Simon Bradley<br />

are Wealth Management Advisers at Jarden.<br />

The information and commentary in this<br />

article are provided for general information<br />

purposes only. It reflects views and research<br />

available at the time <strong>of</strong> publication, using<br />

external sources, systems and other data and<br />

information we believe to be accurate, complete<br />

and reliable at the time <strong>of</strong> preparation.<br />

We make no representation or warranty as to<br />

the accuracy, correctness and completeness<br />

<strong>of</strong> that information, and will not be liable or<br />

responsible for any error or omission. It is<br />

not to be relied upon as a basis for making<br />

any investment decision. Please seek specific<br />

investment advice before making any investment<br />

decision or taking any action. Jarden<br />

Securities Limited is an NZX Firm. A financial<br />

advice provider disclosure statement is<br />

available free <strong>of</strong> charge at www.jarden.co.nz/<br />

our-services/wealth-management/financial-advice-provider-disclosure-statement<br />

Strong investment decisions<br />

built on trust<br />

Our local wealth management experts Sarah and Simon, will work with you to guide you toward your<br />

long term financial goals.<br />

www.jarden.co.nz/wealth-management<br />

Jarden Securities Limited is an NZX Firm. Jarden Financial Advice Provider Disclosure statement is publicly available at<br />

www.Jarden.co.nz. Jarden is not a registered bank in New Zealand.


20 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

Tompkins Wake Supreme Winner – MOUNTAIN JADE<br />

Spotlight on Rotorua businesses<br />

It was an evening filled with excitement, inspiration, and achievement at the Energy Event Centre, celebrating a<br />

“Rotorua Special” at the Tompkins Wake Rotorua <strong>Business</strong> Awards <strong>2023</strong>. Run by the Rotorua <strong>Business</strong> Chamber,<br />

the awards celebrate innovation, creativity, and best practice across the local business sector. With an impressive<br />

62 finalists competing for the win - and superb entertainment - the night was an outstanding success.<br />

ONE<br />

TWO<br />

THREE<br />

FOUR<br />

FIVE<br />

SIX<br />

SEVEN


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 21<br />

Photos from Tompkins Wake Rotorua <strong>Business</strong> Awards <strong>2023</strong>, held at the Energy Events Centre, Rotorua.<br />

Photos by Michelle Cutelli Photography<br />

Rotorua <strong>Business</strong> Chamber Presents<br />

<strong>2023</strong><br />

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

Awards<br />

Ngā Tohu Pakihi Rotorua<br />

> <strong>2023</strong> ROTORUA BUSINESS<br />

AWARD WINNERS<br />

KING STREET - Creative Arts<br />

And Design<br />

• Fineline Design Agency<br />

SCION - Innovation And<br />

Technology<br />

• SI Lodec New Zealand<br />

EIGHT<br />

TEN<br />

TWELVE<br />

FOURTEEN<br />

NINE<br />

THIRTEEN<br />

FIFTEEN<br />

ELEVEN<br />

ONE ROTORUA NZ: Manaakitanga Tourism And Hospitality – Pullman Rotorua. TWO OSBORNES FUNERAL DIRECTORS: Not For Pr<strong>of</strong>it And Social<br />

Enterprise – Rotorua Pacific Islands Development Charitable Trust. THREE NZME: People’s Choice - Foursquare Ngongotahā. FOUR DELOITTE:<br />

Retail – Mountain Jade. FIVE MINISTRY OF SOCIAL DEVELOPMENT: Employer Of The Year - BurgerFuel Fairy Springs. SIX TE ARAWA LAKES TRUST:<br />

Pr<strong>of</strong>essional Services – Chemwash Rotorua. SEVEN A CHEAL CONSULTANTS: Emerging <strong>Business</strong> Leader – Awatere Douglas. EIGHT BNZ: Bilingual<br />

<strong>Business</strong> – Xcel Builders Limited. NINE PUKEROA ORUAWHATA HOLDINGS: Primary Manufacturing And Building – Mills-Tui. TEN ROTORUA LAKES<br />

COUNCIL: Outstanding Contribution To Rotorua – Crankworx Rotorua. ELEVEN RED STAG TIMBER: <strong>Business</strong>person Of The Year – Mike Romanes.<br />

TWELVE KING STREET: Creative Arts And Design – Fineline Design Agency. THIRTEEN TIMBERLANDS: Workplace Safety And Wellbeing – Redwoods<br />

Treewalk And Altitude. FOURTEEN REDWOODS TREEWALK: Kaitiakitanga Environmental Sustainability And Climate Change – Mourea C<strong>of</strong>fee<br />

Company. FIFTEEN SCION: Innovation And Technology – SI Lodec New Zealand.<br />

ROTORUA NZ - Manaakitanga<br />

Tourism And Hospitality<br />

• Pullman Rotorua<br />

DELOITTE – Retail<br />

• Mountain Jade<br />

PUKEROA ORUAWHATA<br />

HOLDINGS – Primary<br />

Manufacturing And Building<br />

• Mills-Tui<br />

TE ARAWA LAKES TRUST –<br />

Pr<strong>of</strong>essional Services<br />

• Chemwash Rotorua<br />

REDWOODS<br />

TREEWALK - Kaitiakitanga<br />

Environmental Sustainability<br />

And Climate Change<br />

• Mourea C<strong>of</strong>fee Company<br />

NZME – People’s Choice<br />

• Foursquare Ngongotahā<br />

MINISTRY OF SOCIAL<br />

DEVELOPMENT - Employer Of<br />

The Year<br />

• BurgerFuel Fairy Springs<br />

BNZ – Bilingual <strong>Business</strong><br />

• Xcel Builders Limited<br />

TIMBERLANDS – Workplace<br />

Safety And Wellbeing<br />

• Redwoods Treewalk AND<br />

Altitude<br />

OSBORNES FUNERAL<br />

DIRECTORS – Not For Pr<strong>of</strong>it And<br />

Social Enterprise<br />

• Rotorua Pacific Islands<br />

Development Charitable Trust<br />

CHEAL CONSULTANTS –<br />

Emerging <strong>Business</strong> Leader<br />

• Awatere Douglas<br />

ROTORUA LAKES COUNCIL –<br />

Outstanding Contribution To<br />

Rotorua<br />

• Crankworx Rotorua<br />

RED STAG TIMBER –<br />

<strong>Business</strong>person Of The Year<br />

• Mike Romanes<br />

TOMPKINS WAKE – Supreme<br />

Overall Winner<br />

• Mountain Jade


22 BAY OF PLENTY BUSINESS NEWS <strong>December</strong> <strong>2023</strong><br />

PEOPLE<br />

BBN’s guide to new people and new<br />

roles across business in the <strong>Bay</strong><br />

> NEW APPOINTMENTS<br />

To feature in New Appointments email us at new.appointments@bopbusinessnews.co.nz<br />

GISELLE BROSNAHAN<br />

Giselle is a pr<strong>of</strong>essional portrait photographer<br />

who specialises in personal<br />

branding and corporate headshots. She<br />

founded Giselle B Photography in London<br />

before relocating with her Kiwi husband<br />

and two children to Tauranga last<br />

year. She shares “My approach is to make<br />

people feel confident and comfortable in<br />

front <strong>of</strong> the camera, and to create images<br />

which represent them and their brand. I<br />

help business owners and pr<strong>of</strong>essionals<br />

elevate their online presence by creating<br />

photographs that they are proud to<br />

share.” Giselle’s work has won a number<br />

<strong>of</strong> awards, has been published in magazines<br />

and newspapers, and featured in<br />

marketing campaigns.<br />

JENHA PHILLIPS<br />

Te Puia | NZ Māori Arts & Crafts Institute<br />

has appointed Jenha Phillips as its<br />

new marketing and communications<br />

manager. Jenha has come from Scion,<br />

the Crown Research Institute for Forestry,<br />

where she was the marketing and<br />

communications manager. She has previously<br />

worked with Te Puia | NZMACI in<br />

various capacities since 2012 when she<br />

was communications manager at Rotorua<br />

NZ. Since then, she has worked with the<br />

organisation as a client at Shine PR and<br />

Phillips Group. Jenha is excited to join<br />

the tourism sector again and to reconnect<br />

with the team to preserve, promote, and<br />

perpetuate Māori culture.<br />

GRANT MARUNUI<br />

Te Puia | NZ Māori Arts & Crafts introduces<br />

its new Tumu Whakairo Rākau<br />

(Head <strong>of</strong> Wood Carving School) Grant<br />

1<br />

4<br />

Marunui (Ngāti Hurungaterangi, Ngāti<br />

Te Kahu, Ngāti Rangiteaorere, Ngāti Rongomai,<br />

Ngāti Manawa and Rangitāne ki<br />

Manawatu, Ngāti Apa ki te Rā Tō, Ngāti<br />

Kuia). Marunui comes from his own<br />

business Te Taonga Māori Art which was<br />

based at Scion, fostering an integration <strong>of</strong><br />

matauranga and science.<br />

Marunui says “with the support <strong>of</strong><br />

my masters who taught me, I intend on<br />

supporting our pouako (tutors) and<br />

tauira (students) to ensure we maintain<br />

the high level <strong>of</strong> carving our masters set<br />

for us”.<br />

2<br />

5<br />

1. Giselle Brosnahan, Giselle B Photography. 2. Kirsten Ogden, Fuel Agency. 3. Tom Lear, Fuel<br />

Agency. 4. Jenha Phillips, Te Puia. 5. Grant Marunui, Te Puia. 6. Scott Koster, Salvation Army.<br />

3<br />

6<br />

KIRSTEN OGDEN<br />

Fuel Agency is thrilled to announce the<br />

appointment <strong>of</strong> Kirsten Ogden as Account<br />

Director. Kirsten significantly enhances<br />

the agency’s ability to <strong>of</strong>fer world-class<br />

client service capabilities. She brings over<br />

a decade <strong>of</strong> extensive agency and publishing<br />

experience, having worked in media<br />

industries both in New Zealand and London.<br />

She has driven successful projects<br />

for Beef + Lamb New Zealand, Panasonic,<br />

Tourism Australia, Western <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong><br />

District Council, Super Liquor and Resene<br />

Paints. “I was attracted to Fuel because <strong>of</strong><br />

its reputation,” said Kirsten. “I look forward<br />

to delivering the highest quality <strong>of</strong><br />

service to clients and helping Fuel thrive<br />

as we move forward.”<br />

TOM LEAR<br />

Creative Director Tom Lear joins Fuel<br />

Agency from Society to underline the<br />

Agency’s commitment to <strong>of</strong>fering some <strong>of</strong><br />

the best advertising creative in the industry.<br />

Tom brings global experience to Fuel,<br />

having worked with agencies such as<br />

Saatchi & Saatchi and CHE Proximity and<br />

brands like Mazda, Foxtel, Telstra, Bank <strong>of</strong><br />

Melbourne, Classic Builders, Zespri and<br />

Lion Breweries.<br />

“I welcome the opportunity to help<br />

clients articulate their brand message<br />

in a way that resonates with their audiences<br />

in an increasingly complex world,”<br />

said Tom. With Tom on the team, Fuel<br />

continues to be an agency to watch as it<br />

embarks on its next chapter <strong>of</strong> growth.<br />

SCOTT KOSTER<br />

The Salvation Army has announced the<br />

recent appointment <strong>of</strong> Scott Koster as a<br />

new Wills and Bequests Manager. Scott<br />

recently left a long career in the banking<br />

industry, working in the UK and New Zealand,<br />

with an early career in the automobile<br />

industry in California.<br />

Scott’s role endeavours to support and<br />

promote social causes that directly and<br />

positively impact people’s lives. Scott<br />

is thrilled to be part <strong>of</strong> a dynamic team<br />

that will further continue the mission <strong>of</strong><br />

the Salvation Army, changing lives for<br />

the better through the generosity <strong>of</strong> its<br />

bequestors.<br />

NEW BOARD<br />

ANNOUNCED<br />

FOR TAURANGA<br />

BUSINESS<br />

CHAMBER<br />

JAMIE LUNAM<br />

– CHAIR<br />

1 2 3 4<br />

Jamie has been a local SME business<br />

leader across several organisations<br />

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

Waikato for 15 years, with his expertise<br />

residing predominantly in the primary<br />

and manufacturing sectors. Having been<br />

an active part <strong>of</strong> Chamber activities over<br />

the years, including head judge for the<br />

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

Jamie great insight into the wider business<br />

ecosystem in Tauranga and he is<br />

excited to be a part <strong>of</strong> the team leading<br />

the Tauranga <strong>Business</strong> Chamber into<br />

its next phase. Having recently handed<br />

over the leadership <strong>of</strong> local business<br />

Jenkins Freshpac Systems, Jamie is now<br />

working in the consulting and contracting<br />

space with the SME community in<br />

the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> with a drive to be a<br />

part <strong>of</strong> helping shape economic, and in<br />

turn, social outcomes for our deserving<br />

community.<br />

LLOYD RAKAUPAI<br />

– VICE CHAIR<br />

Lloyd is an Account Manager for Vertical<br />

Horizonz New Zealand, with a<br />

background and expertise in strategic<br />

acumen and business growth. He is currently<br />

the Deputy Chairperson <strong>of</strong> the<br />

Tauranga Māori <strong>Business</strong> Association,<br />

a delegate <strong>of</strong> Te Kotahitanga o Ngāti<br />

Tūwharetoa Trust, an Honorary Fisheries<br />

Officer and has been involved with<br />

the New Zealand Defence Force for the<br />

past 18 years. Lloyd is currently studying<br />

a Master <strong>Business</strong> Administration.<br />

“I strive to live by two principles: He<br />

Mahitahi, meaning to work together<br />

and Whanake, meaning to grow, move<br />

onwards, move upwards, spring up,<br />

develop and rise.”<br />

BENJI CROSSLEY<br />

Benji is a Senior Solicitor in the Property<br />

Team at Sharp Tudhope Lawyers.<br />

He returned to the <strong>Bay</strong> with his family<br />

in 2019 following time away working<br />

and studying. Prior to joining Sharp<br />

Tudhope Benji spent ten years working<br />

in sports administration for Wellington<br />

Rugby, England Rugby and World Rugby.<br />

He has been involved in transformative<br />

projects and major events working with<br />

a wide array <strong>of</strong> individuals across sport.<br />

Tauranga has an exciting future. Benji<br />

is keen to play any part he can in helping<br />

the Tauranga business community<br />

thrive and make the most <strong>of</strong> the opportunities<br />

this city presents.<br />

DEBBIE IRELAND<br />

For the past 16 years, Debbie has grown<br />

her Tauranga-based business Digital<br />

Workplace Results (formerly<br />

ShareThePoint Ltd), a premier Micros<strong>of</strong>t<br />

365 Training Provider. She enables businesses<br />

to understand that real change<br />

is achieved by empowering people and<br />

utilising technology as an enabling tool.


<strong>December</strong> <strong>2023</strong> BAY OF PLENTY BUSINESS NEWS 23<br />

PEOPLE<br />

> FIRST ON THE SCENE<br />

Tauranga <strong>Business</strong> Chamber <strong>Business</strong> After 5<br />

with Alliance Sponsors’ at Cargo Shed, November 8, <strong>2023</strong><br />

Photography: Salina Galvan Photography<br />

ONE<br />

TWO<br />

THREE<br />

FOUR<br />

FIVE<br />

SIX<br />

SEVEN<br />

EIGHT<br />

NINE<br />

ONE Miriam Hauke, Lizzie Seekup & Kelly Taylor (Trinity Wharf).<br />

TWO Sonia Tibble (Beca), Raewyn Peck, Angelique Scott & Rhea<br />

Clune (Personnel Resources). THREE Dan Allen – Gordon (Graeme<br />

Dingle Foundation), Kevin Murray (Surveying Services), Mark<br />

Beaudoin & Wanita Wood (First Credit Union) . FOUR Jono Earles<br />

(Web Genius), Jacqui & Peter Wren-Hilton (Wharf42 Limited). FIVE<br />

Chris Symes (Oxygen8 Consulting), Valerie Rowe-Mitchell (Emerald<br />

<strong>Business</strong> Advisor) & Greg Roworth (<strong>Business</strong> Flight Path). SIX Jordy<br />

Eves & Tamzin Hall (Torpedo7), Mike Rawnsley & Jason Sheard<br />

(The Warehouse Group). SEVEN John McKinley (Vega Mortgages),<br />

Tazmeen Khan (Tazmeen Khan Financial Services) & Roger Shaw<br />

(Kiwibank <strong>Business</strong> Banking). EIGHT Shannon Sheard (The<br />

Warehouse Group) & Susanna Lin (Access NZ). NINE Julio Silva (Zucca<br />

Books & Production) & Gisela De Castro (The University <strong>of</strong> Waikato) .<br />

1. Jamie Lunam. 2. Lloyd Rakaupai.<br />

3. Benji Crossly. 4. Debbie Ireland.<br />

5. Rochelle Lockley . 6. Deborah Peake.<br />

7. Chad Wallace. 8. Linda Finlay.<br />

Photos courtesy Salina Galvan Photography<br />

5 6 7 8<br />

Debbie’s clients include local and international<br />

businesses across multiple<br />

industries. Debbie is well known for<br />

“making things happen”. Her experience<br />

as a small business owner brings valued<br />

perspective. Debbie is a Chartered Member<br />

<strong>of</strong> the Institute <strong>of</strong> Directors. She has<br />

been a Board Member/Chair for Youth,<br />

Search and Rescue, and instrumental in<br />

scaling and strategy.<br />

ROCHELLE LOCKLEY<br />

Rochelle Lockley is the General Manager<br />

Communications for Port <strong>of</strong> Tauranga<br />

Limited, New Zealand’s largest port. She<br />

joined the executive team <strong>of</strong> the Port in<br />

September 2020. Prior to this, she spent<br />

15 years operating her own strategic<br />

communications consultancy advising<br />

clients <strong>of</strong> all sizes from not-for-pr<strong>of</strong>it<br />

organisations through to listed companies.<br />

Rochelle is a former journalist and<br />

has held senior communications positions<br />

in the telecommunications, tourism<br />

and tertiary education sectors. Over<br />

the past 30 years, she has worked in<br />

communications in London, New York,<br />

Sydney, Auckland and Tauranga.<br />

DEBORAH PEAKE<br />

Deborah is a qualified Non-Executive<br />

Director certified through the IOD in<br />

London, she <strong>of</strong>fers strategic leadership<br />

and governance expertise, to any role<br />

she takes on. Her tenure on the Health<br />

Lottery Board in the UK, oversaw the<br />

distribution <strong>of</strong> funds to health charities<br />

and reflects her commitment to making<br />

a positive impact. Deborah’s extensive<br />

advertising career spans across the UK,<br />

USA, Australia and China, and working<br />

with brands such as British Airways, Gillette,<br />

Walt Disney, Nestle and Procter &<br />

Gamble illustrates her ability to understand<br />

diverse markets and industries.<br />

After her return home, Deborah transitioned<br />

into real estate at Tremains.<br />

CHAD WALLACE<br />

Chad is a Senior Associate at Cooney<br />

Lees Morgan. Over the last 8 years at<br />

CLM he has had the privilege <strong>of</strong> advising<br />

and learning from some <strong>of</strong> Tauranga’s<br />

best businesspeople. This year he<br />

had the honour <strong>of</strong> being named a Rising<br />

Star by NZ Lawyer. Chad lives in Pyes Pa<br />

with wife Sara and two boys, who are 3<br />

and 5, and he is very proud <strong>of</strong> our city<br />

and passionate about its future. He will<br />

use this opportunity with the Chamber<br />

Board to utilise his skills and experience<br />

to develop and grow our city.<br />

LINDA FINLAY<br />

Linda is a Partner BDO Tauranga. She is<br />

chartered accountant with over 15 years<br />

experience in business advisory, statutory<br />

compliance, management accounting<br />

and general accounting functions.<br />

Linda specialises in management reporting<br />

and business analysis – breaking<br />

down the sea <strong>of</strong> numbers to what it really<br />

means for the business owner. Linda<br />

was co-opted onto the Chamber Board<br />

in November <strong>2023</strong> following a skills<br />

assessment <strong>of</strong> the members after the<br />

election. As Treasurer, Linda works with<br />

the CEO on the prudent management <strong>of</strong><br />

the Chamber’s financials and leads the<br />

Board on strategic financial decisions.


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remember them?<br />

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up to any eligible business mobile and broadband plan.<br />

1,000 Prezzy Cards up for grabs<br />

Head instore or shop online at 2degrees.nz/business<br />

Offer available 30/10/<strong>2023</strong> – 07/02/2024 to customers who sign up to any 2degrees <strong>Business</strong><br />

Connect or <strong>Business</strong> Choice Mobile Plans or <strong>Business</strong> Broadband Plans.<br />

One entry per business account. Winners will be drawn 16th February 2024. Prezzy card is not<br />

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FOR KIWI BUSINESS

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