Bay of Plenty Business News | October 2024

Page 1


OCTOBER 2024 VOLUME 8: ISSUE 10

NEWS IN BRIEF

Short briefs can pack punch, as our summations of the latest local SME business news show Page 6

MAYOR MAHÉ’S MAHI

Rates have risen but Tauranga can expect a fairer forecast over the long haul, Mahé Drysdale reveals Page 10

EDUCATION TAYLOR MADE

Toi Ohomai is preparing the next generation with the right skills for local businesses Page 11

Local news media has widely covered the, largely positive, comments from various business and tourist spokespeople responding to recent announcements that Jetstar is initiating trans-Tasman services to Australia.

Jetstar, a Qantas subsidiary, announced the new services would take off from Hamilton and service the Gold Coast and Sydney from June 2025 and be operated using the airline’s fleet of Airbus A320 aircraft.

According to a media statement, this would be the first time Jetstar

Will Jetstar’s plans land gains for Bay businesses?

DAVID PORTER investigates.

has flown to and from Hamilton.

While the announcement was greeted with a, generally, supportive response locally, several sources suggested that the new service might have little practical impact on tourism and exporters and importers in the wider Bay of Plenty region.

The trans-Tasman commercial flights will be the first of their type out of Hamilton in 13 years, according to one news report – the last Virgin Australia flight flew from Hamilton to Brisbane on October 27, 2012, ending 18 years of trans-Tasman flights between the two cities.

> Continuedonpage3

BOP SET TO BENEFIT?

Wider advantages possibly low

Nigel Tutt, chief executive of economic development organisation

Priority One, said it was hard to see the Jetstar move as having much effect at all on Tauranga’s economy.

“It’s hard to see it having an effect on the volume of tourists that would be needed to change to affect Tauranga’s economy,” he told the Bay of Plenty Business News (BOPBN)

“It’s applaudable, but I don’t think it’s economically significant for us. It’s probably not going to be a large business travel market so we’ll probably struggle to see any effect from it.”

According to a Jetstar statement, the new routes will provide Kiwis with more direct access to the Gold Coast and Sydney, two of Australia’s most popular tourist destinations, and make it easier for travellers to connect to Jetstar’s extensive, low-cost network across Australia, Asia and the Pacific.

In a comment to BOPBN, Andrew Wilson (chief executive of RotoruaNZ) said his team was delighted as the new trans-Tasman routes would provide significant benefits for Rotorua and the

wider region.

“Australia has long been our most important international visitor market and this expanded air connectivity makes it even easier for our Australian neighbours to experience the unique attractions Rotorua has to offer.

“This new route will not only enhance the visitor journey to Rotorua, but also stimulate our regional economy by attracting more international visitors. Hamilton’s new routes will increase accessibility and create seamless travel options for tourists keen to explore Rotorua’s world-renowned geothermal wonders, rich Māori culture and adventure experiences [such as] mountain biking and wellness tourism.”

More direct access

Bryce Heard, CEO of the Rotorua Chamber of Commerce, said the new service certainly wouldn’t have a negative impact, however he told BOPBN:

“I don’t think it’s a big deal to be honest. It’s only once a week, it’s not as if it’s a twice daily service. We’ll, basically, not see much difference.”

Matt Cowley, CEO of the Tauranga chamber, noted that (generally speaking) middle of the day flights were for tourists and time

sensitive given the infrequency of the flights.

“If you parked your car in Hamilton, you’d have to get the return flight. To be frank, it is about the outflow of Kiwi tourists, but our tourism gateway is Auckland. International tourists go to the Bay of Islands and then start moving their way down the country,” he said. “Auckland’s always going to be the main airport. This has to be more about giving easy access to Australia rather than Australians coming here.”

Cowley said it could represent an option for exporters and importers.

Tourism Bay of Plenty head of strategy and insights, Richard Faire, said in a news report that international visitors were “cru-

cial to our visitor economy” and more connectivity was welcomed.

“Australia is a vital source of visitors to our region, who collectively spend more money while they’re here than visitors from any other country. It’s been estimated that Australian visitors spent more than $21.5 million on their bank cards while they were in the coastal Bay of Plenty last year.”

Waikato Regional Airport Ltd (WRAL) chief executive, Mark Morgan, said in a news report that the announcement came after more than a year of “solid grind” by his team negotiating with the airline and border agencies.

In a comment to the BOPBN, Morgan said WRAL had undertaken some independent analysis, which indicated the new Jetstar flights would boost the regional Waikato economy by around $45 million per year.

“We’re also anticipating around 365 new regional jobs, including around 60 at Hamilton Airport. That’s based on an extra 65,000 visitors flying directly from the Gold Coast or Sydney into Hamilton.”

Morgan noted that many of these visitors were liable to travel further and would see Hamilton as their first stop on a longer journey around New Zealand.

“That’s great news of course, especially for the Bay of Plenty which is just a short drive away. So, I think there will undoubtedly be spill-over benefits for our friends in the Bay, which we’re obviously delighted about.”

Morgan said that, in terms of business travel, the region now had a new triangular route where people could fly out of Hamilton to Sydney, on to the Gold Coast and then home without having to deal with the well-known challenges of travelling to Auckland.

“That improved connectivity, and improved efficiency, is already exciting people. It will open up opportunities they’ve not had before. For people based in the Bay of Plenty, it makes travelling to Australia significantly easier and significantly cheaper as well.”

Morgan said the team was also excited about boosting the resilience of the national aviation network.

“If, for any reason, Auckland is unable to operate, there’s an international airport just over an hour away [via] the Waikato Expressway,” he said. “I think that’s good for everyone. Overall, these new routes align well with the government’s regional development, tourism and economic growth strategies.”

BryceHeard

CONTACT INFORMATION

ADVERTISING

Pete Wales, Mob: 022 495 9248

Email: pete@bopbusinessnews.co.nz

EDITORIAL

News Releases/Photos/Letters/ New Appointments

editor@bopbusinessnews.co.nz

PRODUCTION

Copy/Proofs/Graphic Design

Clare McGillivray

Email: clare@bopbusinessnews.co.nz

GENERAL ENQUIRIES

info@bopbusinessnews.co.nz

Bay of Plenty Business News has a circulation of 8000, distributed throughout Bay of Plenty between Waihi and Opotiki including Rotorua and Whakatane, and to a subscription base.

PUBLISHER

Bay of Plenty Business Publications

PO Box 155, Tauranga 3144

Bay of Plenty Business Publications specialises in business publishing, advertising, design, print and electronic media services.

In case you missed last month’s edition

The end of the world1...

fear our benign weather allows us to overlook just how much New Zealand’s climate is influenced by its position in the chilly Southern Ocean. Meantime, the rest of the world is facing heat changes of terrifying proportions.

Most recently, my attention was caught by the unusually early drought being experienced in the Amazon region. Along with its tributaries, the Amazon is the largest river in the world by discharge volume of water, and the longest according to Wikipedia.

The Amazon region’s earlier-than-usual drought is marking one of the worst environmental crises in the past 44 years. At the height of last year’s drought, barging operations became unviable due to shallow waters, so traders had to redirect agriproducts through alternative ports down the coast.

Importantly, and as remarked by noted academic and writer, Alfred McCoy, in a recent article in the online

Salon magazine, world climate change could ultimately impact the United States’ global hegemony. In McCoy’s view, the once ‘most indispensable’ nation, which won the Second World War and built a new world order, has become dispensable indeed. But, as he points out, the decline and fall of American global power would be nothing special in the sweep of history.

‘After all, in the 4,000 years since humanity’s first empire formed in the Fertile Crescent, at least 200 empires have risen, collided with other imperial powers, and in time collapsed.’

Even the implosion of the Soviet Union in 1991 didn’t disturb the then world order.

However, he adds, the real question is not about the fate of American global hegemony, but the future of the world order it began building at the peak of its power, not in 1991, but right after the Second World War.

McCoy remarks that, since then, Washington’s global dominion has rested on a ‘delicate duality.’ The raw realpolitik of US military bases, multinational corporations, CIA coups and foreign military interventions has been balanced by a surprisingly liberal world order.

Some observers, such as Princeton political scientist, G. John Ikenberry, have argued that Washington’s ability to shape world politics would diminish, but ‘the liberal international order will survive and thrive.’

McCoy writes that Ikenberry remains optimistic the world order will endure because international issues, such as climate change, make

its: ‘protean vision of interdependence and cooperation… more important as the century unfolds.’

American deaths in the Second World War numbered 418,000, but those losses paled compared to the 24 million dead in Russia, the 20 million in China, and the 19 million in Europe. The US found itself with a vibrant economy on a war footing and half the world’s industrial capacity, while the swelling surpluses of American agriculture fed a famished humanity.

Despite this, there is mounting evidence that, as climate change accelerates, it is creating the basis for the sort of cataclysm that will be capable of shaking even such a deeply rooted world order, McCoy writes. The cascading effects of global warming will be ever more evident, not in the distant future of 2100, but within just 20 years, impacting the lives of most adults alive today.

1. With acknowledgement to the song It’s the End of the World as We Know It (And I Feel Fine)” by American group R.E.M.

Thatwasn’tatypo.OurNX350horRX350hmodelscomewithacomplimentaryupgradewhichincludesasuite ofextraLexus-inspireddesignandperformancefeatures.Turnsoutsomethingsaretoogood.Andtrue. RECEIVEACOMPLIMENTARYUPGRADEFROMPREMIUMTOLIMITED.

David Porter

New exhibitions all set to soar

Ironically, new exhibitions –focused on adventure, culture and connection – will require more than just a flying visit. Celebrating 60 years of serving its community, Rotorua Airport has a month-long series of exhibitions showcasing Māori culture and aviation while reflecting on growth and transformation.

“Rotorua Airport has grown alongside this vibrant city and we’re excited to continue innovating while honouring Rotorua’s unique cultural heritage,” the airport’s chief executive, Nicole Brewer, asserts. “Whether you’re flying in or out of our beautiful

city, we encourage you to immerse yourself in these remarkable taonga and the rich narratives they hold.”

Since its opening in 1964, Rotorua Airport has built a deep sense of pride and connection within the community, she said.

The festivities begin with an Aviation Open Day (October 5, 10am-2pm), offering a rare opportunity to view aircraft up close, meet pilots and take scenic flights on classic Second World War planes such as the Harvard and Boeing Stearman.

Other notable exhibits, held in collaboration with Air New

Zealand, include: Air New Zealand: Years of Uniform, which showcases the evolution of airline fashion, and the Air New Zealand Waka Rererangi (Flying Canoe), examining the connection between Māori heritage and aviation.

“Both of these exhibits are equally significant. Years of Uniform reflects the airline’s evolving style, while the Waka Rererangi celebrates the unique cultural identity that Air New Zealand brings to the skies. Together, they provide insight into the airline’s history and its deep-rooted ties to New Zealand’s heritage.”

In addition, the New Zealand Māori Arts and Crafts Institute (NZMACI), which is also celebrating its 60th anniversary, will present the acclaimed Tuku Iho Living Legacy exhibition. Its blend of Māori culture presents traditional and contemporary art forms while highlighting the role air travel has played in sharing Māori culture globally, NZMACI’s Eraia Kiel adds.

“Through our exhibitions and performances around the world

The appeal of a simple life

Travel is good for the soul. And, sometimes, it reveals some unexpected home truths. As I write this month’s column, seated at the kitchen table of our Italian hilltop village house, I can’t help but reflect on aspects of life here that seem so foreign, so improbable to me.

I constantly contrast daily life moments here to the familiar daily routines that accompany life in the Bay of Plenty. I’m astounded at the differences in attitudes between the people I meet daily here and acquaintances at home. To my consternation, I am realising that all that glitters in Aotearoa is not gold. There is gold to be found in unexpected places and lessons to be learned away from home.

Rest-assured, this is not another ‘It’s great here on the Sunshine Coast, yous should all come and live here’ pitch. And, it’s definitely not an ‘everything’s so much cheaper here in Europe’ diatribe – those narratives really do become tiresome. But it is an

observation that simple can be good, and that we should always be looking at our lives and thinking about what really is important and, conversely, what is not.

I’m not for a moment suggesting that life in mainland Europe is without its own unique challenges and hardships. So many of the taonga we have in Aotearoa New Zealand are to be treasured. From our mountains to the coast, the bounty of our lands and the warmth of our people are quite magnificent. But let us not become arrogant or complacent as we can always do better and we should always be looking to improve and to learn – surely, that is the challenge for all progressive societies.

I am living in a village of 4,000 people that dates back to the second century BC. I no longer look at my watch – the church bells in the basilica two doors from our house ring out on the quarter hour every single day, which is a much less stressful way of telling the time than having to look at my smart-

watch with its alarm setting and inbuilt heart monitor.

There is no graffiti – ‘street art’ is the domain of the pigeons. It is mid-afternoon as I write this and there is barely a sound in the alleyways, except from the pigeons and the church bells. Everyone is sleeping and will, as always, emerge after 5pm to meet in the square to smoke cigarettes and drink wine together – all ages, together. Is this the basis for a vibrant modern economic model? Probably not, but frankly, who cares?

There are no dairy farms on any of the hills surrounding the village, only vineyards and olive groves, mile after mile in every direction.

When I ask for wine, I am never offered a wine list, simply a question: Rosso? O bianco? When you live in the heart of a region that has been producing wine since pre-Roman times, you have to assume they got the recipe right some time ago and they

know what they’re doing. To ask for a wine list so that you can, knowledgeably, run your finger down the right-hand column and impress everyone with a thoughtful (pretentious) mid-column selection seems absurd. We drink the wine that is made here and costs us €2.19 a bottle (that’s about $3.88 in real money), so who really needs anything else?

Stress? There is none. Motorway congestion? There is none. shopping malls? There are none. When bread is fresh from the bakery every morning and parmigiano can only be bought by the kilo (minimum), you know life’s going okay.

Is everyone wealthy? No. Are there any homeless people here?

I’m yet to see one. Are there gangs here? No – and before you say it, yes Southern Italy does have a reputation for a certain family crime culture, but no one here wears patches and the police drive Fiat Bambinas, so from my seat it all feels pretty safe.

we’ve shared our cultural legacy far and wide. Just as our ancestors navigated the Pacific, we now also navigate the skies, ensuring our stories are told across the globe.”

The Aviation Open Day and other exhibitions throughout October are family-friendly and free to attend with 60 minutes free parking on site.

Visit www.rotorua-airport.co.nz for additional information or to book scenic flights.

HAVE YOU EVER NOTICED?

So, what’s my point? Simply that before you decide you need a fourth bathroom, a faster car, to work extra hours and to buy more expensive wine, ask yourself: “Is this really going to make me happier?” Because all that glitters is not necessarily gold.

Arrivederci per ora.

Alan Neben is a Mount Maunganui local and experienced New Zealand publisher. Although currently on sabbatical in Europe, his columns provide a light-hearted perspective on social changes affecting New Zealanders.

204 Taurikura Dr, Tauriko, Tauranga Mon-Fri 6,30am-2.30pm www.ruthys.co.nz

Ruthy’s Coffee Bar & Eatery is a local hub, nestled in the bustling Tauriko Business area. From award winning cheese scones, to epic coffee and good yarns, Ruthy’s is the place for any of your business meetings, catch ups and entertaining clients. With a liquor license on board, Ruthy’s is your one stop shop for food and beverage in a relaxed, comfortable environment. We have an excellent reputation for any size catering, providing high quality, delicious, fresh catering. Be sure to visit on your next trip to Tauriko.

SME News in Brief

LOCAL TOASTIE TOAST OF THE NATION

A Rotorua café has topped the tables with New Zealand’s best toasted sandwich. Chef Rich Johns from Okere Falls Store, Cafe & Craft Beer Garden claimed the recent Great New Zealand Toastie Takeover title thanks to his ‘Figgy In The Middle’ creation.

“The inspiration came from a recent family trip to Italy,” he explained. “My son, who had only really eaten one kind of cheese, took to all the cheeses – fresh, aged, blue cheese, you name it. I thought if he likes all these flavours, then our customers and the judges might too.”

Featuring a pickle cheesecake mix, figs, various cheeses, honey, pickles and bacon, his latest award winner has been selling like hotcakes, with 1000 gobbled down by diners to date. This figgy favourite follows an example set by Rich’s 2022 winning sandwich, Get Smoked, Pickled + Toasted.

“We sold more than 10,000 toasties last time we won [and] we still get people asking for it even now,” Mr Johns adds. “Every year I’m so impressed and inspired by what everyone else is doing, but it’s great to know that people love what we do and that what we are doing is working.”

CALL OF DUTY – UBCO GOES POSTAL

Fresh from claiming a category win at the Good Design Awards, Tauranga-based UBCO’s electric DUTY motorbikes are set to deliver in service of Australia Post.

“This award and our partnership with Australia Post are a testament to the incredible work of our team,” UBCO’s CEO, Oliver Hutaff, asserts. “DUTY is a worldclass product and has already captured significant market attention. With the growing demand for sustainable deliv-

Insights, trends and developments shaping small and medium enterprises (SMEs) in today’s dynamic business landscape.

MtMaunganuiQOM2024-GeorgeReid,TaineNewland,CraigWhitaker,CordonCampbell, PieterFourie.Absent:ElijahSimpson.

HIRE HONOURS

Kennards Hire Mount Maunganui has lifted the Branch of the Year title at the company’s Quality of Management (QOM) Awards.

“I feel immensely privileged to be part of [an] amazing team,” branch manager, Taine Newland, said. “This award is all thanks to each and every one of them. They show up every day and focus on doing the best they can. They keep the customer front of mind in everything they do… treating everyone as part of the Kennards Hire family.”

The awards saw 28 Kiwi branches represented at Eden Park in Auckland recently where Mount Maunganui also

ery solutions, we’re well-positioned and incredibly excited about our future.”

Honouring excellence in design and innovation, the recent award (claimed in Sydney) saw UBCO setting the pace with its latest workhorse.

Since UBCO first roared into view at Fieldays 2015 with a rural model, the company has jumped the ditch. A new fleet of 175 DUTYs answered Australia Post’s call recently and, all going well, many more could follow in their tracks. Discussions

CHARM OF ‘LUST NOT LOST ON LOCAL

Recently marking two decades in business, Wanderlust has faced some difficult times, owner Sarah Meadows recalls.

“When I took on the lease for Harbourside City Backpackers, I had no idea how to run a business [and] never dreamed I would still be here 20 years later,” she said.

“[Despite] the threat of the building being red stickered in 2019 due to the earthquake strengthening rules, we still wanted to keep the hostel alive, so we

took a massive gamble and set about renovating this historic building right through the Covid pandemic.”

Now a five-star eco-friendly hostel, the business has hosted more than 200,000 since Sarah arrived as a “bright eyed 27-year-old.” During her time, she has raised the bar – while removing one! – with the help of a dedicated team.

“Over the years, there have been many changes – we upgraded everything, the bar is gone, I don’t live on site in the manager’s flat, then wear and tear

claimed the Hire Centre Award category. No strangers to success, the team underwent a baptism of fire, opening in 2020 during the Covid pandemic. Despite this, it became the first New Zealand branch to win the Kennards Hire Group Branch of the Year award in 2022, competing with more than 190 branches across Australasia.

Dedication, hard work and commitment to the highest standards led to the local team’s latest prize during a particularly challenging year for the building industry, the group’s New Zealand general manager, Tom Kimber, adds.

“This is another outstanding achievement that Taine Newland and his dedicated team should feel incredibly proud of.”

are also underway with other agencies including NZ Post.

“We have steadily been trialling electric fleet solutions since our humble beginnings a decade ago on a New Zealand farm,” Mr Oliver confirms. “We have developed a vehicle that meets the rigorous demands of high-use delivery... these bikes will be used on average six hours a day, five days a week, carrying heavy loads, showcasing UBCO’s extreme capabilities.”

PURE SUCCESS

Fans of The Mamas & the Papas may have been dreaming about California for decades now, but the dream has already arrived for two Papamoa-based sisters. From late August, the pair’s Pure Mama skincare brand has been making its mark on the lucrative American market, featuring in upmarket Erewhon stores.

“Our US launch marks an exciting new chapter for us as we continue to provide mothers with safe, effective, and luxurious skincare options,” co-founder Lara Henderson confirmed. “It’s been an incredible journey to get to this point, especially navigating the throws of start-up and starting a family.”

By going all the way to the USA, the business has extended far beyond its humble roots in a Papamoa garage in 2019.

Specifically designed for pregnant mothers, Pure Mama’s range is already a sellout success through Australasian beauty giant MECCA, and by gaining fame among such celebrities as Kourtney Kardashian.

Products are also set to be available through such notable retailers as Nordstrom, Macy’s and Revolve, co-owner Yasmin Shepherd adds.

“We’re excited to partner with these prestigious retailers. Each one aligns perfectly with our brand values and mission to deliver quality skincare to mothers-to-be and new mothers everywhere.”

set in – but the vibe is still there. Many incredible staff and amazing managers have helped us get to where we are

today. We thank them for being part of our journey and couldn’t have done it without them.”

Is it spring yet?

Suddenly, it seems, the days are getting warmer, the sun is coming up earlier and the world is feeling a little brighter. Could it be spring, or is there just a renewed positivity in the economic air?

There’s no question that the past year or two have been (at best) an uncertain period, through to an outright horrid time for business. In no particular order, we have endured elections and the lack of certainty prior, the threat of recession, falling house prices and their impact on collective consumer and economic confidence, interest rate rises, inflationary pressure, recession, and labour and supply shortages along the way.

It has been a challenging period for most businesses and some of these challenges have a compounding impact in the franchise sector. Falling revenue affects franchised businesses and their brand owners.

In most cases, these franchisors earn their revenue through royalties – often based on a percentage of revenue. So, when revenue drops at a franchisee level, it

drops for the franchisor.

Inflation and margin erosion not only impact franchisees’ profitability, but it can also stress the value proposition of the franchise concept itself. Against a bleak economic backdrop, it’s no wonder that, for many systems, the past couple of years have been challenging both operationally and also in terms of growth prospects.

The first of the cycle of Official Cash Rate (OCR) and interest rate cuts have buoyed business confidence – anecdotally, I am hearing this almost every day. The US Federal Bank’s point five per cent drop will, no doubt, spark confidence that we’re in an easing cycle internationally. Confidence is important, but serviceability is critical and every .25% can make a difference when funding a business.

Inflation appears to be tamed, and the government is getting on with restoring some confidence

in the economy while making business-sensible policy. Removal of the franchise specific additional restrictions to the Accredited Employer Work Visa clears a major hurdle for many to staff and run franchised businesses as well as enter and exit ownership.

There’s more than good weather and general economic conditions that should be warming potential entrepreneurs towards franchising.

For a start, there are opportunities created by this recent history. The words ‘recession’ and ‘economic downturn’ often cause concerns and are even treated as reasons for not buying a franchise.

My usual response to this is that the economy follows cycles and, during the lifecycle of owning a business, you will find yourself in both up and down stages of this cycle.

Right now, for example, poten-

AWARDS BACK, BACKING BUSINESS

Applications are open for the Farmer Autovillage Tauranga Business Awards. Following a hiatus since 2022, Tauranga Business Chamber’s flagship event honours the best of business in the western Bay of Plenty.

“We are so happy to see the return of Tauranga’s premier business awards as we put a spotlight on the incredible success stories that are making the Bay of Plenty thrive,” the chamber’s CEO, Matt Cowley, confirmed.

“While the economy has been tough for many, the awards showcase inspiring stories as many people are eager to find out about those who have been performing well despite the economic challenges.”

To be held at Mercury Baypark, February 13, the awards will adopt the theme ‘Navigating New Horizons’ with the addition of three new categories: Employer of the Year, Emerging Leader of the Year, and Excellence in Industry Achievement.

Private, public and not-forprofit entities are all eligible with specific criteria for each category.

The event promises an evening of celebration and recognition for the region’s business community, Cowley adds.

“While it’s a tough economy for some right now, what a way to launch into 2025 with a celebration of the region’s greatest success stories.”

Mike Farmer, managing director of naming rights

sponsor Farmer Autovillage, is proud to support the awards.

“We believe in the importance of acknowledging the hard work and dedication of businesses in our region,” he said.

“These awards provide a fantastic platform to showcase the talent and innovation that Tauranga has to offer.”

Applications are open until midnight, November 7 – see www.tauranga.org. nz/awards for details.

tial franchisees have a current and first-hand ability to pick the eyes out of categories and brands that have weathered best during a challenging period – this should provide confidence in the likelihood of them doing so again.

Secondly, I believe there is huge opportunity in adopting a ‘buy and convert’ approach to franchising. This is where an independent business, or perhaps even a group of businesses, is purchased and converted to a franchised business.

It can lower the ingoing or establishment costs, it can remove a competitor from the market and, sometimes, it can even come with a readymade customer and or staffing base. This has long been a common approach in the food and beverage category of franchising, but it can equally be applied to everything from hair salons to tyre retail.

A recent ASB Economic Weekly

FRANCHISING

report revealed per capita GDP was back to 2020 levels, down 5% from a peak of 2022. ‘Sobering’ was the word ASB used in that it’s unlikely to rise back to 2022 levels until beyond 2027. This doesn’t bode well for wage growth and overall prosperity, but making your own wealth – via entrepreneurship with the guidance of a franchise structure – may be the best way to fight stagnation in living standards. As Abraham Lincoln (apparently) said: “The best way to predict the future is to create it.”

Nathan Bonney is a director of Iridium Partners. He can be reached at nathan@iridium.net.nz or 0275 393 022

Ifyou’recontemplatingachangeofcareer,whynot considerowningyourownfranchisebusiness?

Withdirectaccesstoover30well-knownfranchisebrandsin locationsallaroundthecountry,it’squitelikelywehavethe businessopportunitythatperfectlyfitsyourlifestyle. IridiumPartnershelppotentialfranchiseesresearch,evaluateand navigatethefranchiseindustrytofindtheperfectopportunityforyou. Contactustodayandgetsomebalancebackinyourlife. CallMeredithon+64212099496 info@iridium.net.nzwww.iridium.net.nz

2022winnersKidsRideShotgun. Photo Salina Galvin

WHY YOU SHOULD LEASE YOUR NEXT BUSINESS VEHICLE

Do you need vehicles for your business? If so, there is a lot to consider, such as finding the right make or model, organising fit outs, signwriting, sourcing reliable repairers, paying tolls or infringement notices and managing fuel expenses – the list goes on!

When you buy a vehicle, it can require a large financial outlay as you generally pay for the entire cost up front. You might have to take out a loan for the full purchase price and the vehicle will depreciate as it ages.

Maintenance costs often increase as vehicles age, so it’s also important to think about the total cost of the vehicle over time. In addition, there are other costs including fringe benefit tax, administration of fuel expenses, servicing and infringement notices.

Leasing a vehicle

Businesses don’t need to own vehicles to obtain a full benefit from them. An alternative to owning is to lease vehicles through FleetPartners.

Running a business relies on a steady cash flow. There are no up front costs with a lease and you can save your cash to invest into other parts of your business, generating better returns. Leasing provides the freedom to choose your preferred make and model of vehicle to include personalised fit outs and accessories. FleetPartners can provide lease terms up to 60 months.

A fully maintained operating lease provides the convenience of one monthly payment while bundling in costs and added services, such as annual registration,

Retention:

FLEET AND LEASING

scheduled servicing and maintenance, accident management, discounted fuel cards, relief vehicles and 24/7 roadside assistance. This all adds up to make budgeting easier while saving you time. Depending on your business circumstances, lease payments could be 100 per cent tax deductible when treated as an expense. You could also access a line of credit so you can be preapproved to lease more vehicles quickly as your business grows. What’s more, at the end of the lease term, you can choose a new vehicle on a new lease.

FleetPartners purchases and

organises services for tens of thousands of vehicles while buying millions of litres of fuel every year. This national buying power allows us to pass discounts on to customers who will, typically, save up to 15-20% on fuel, maintenance, servicing and repairs. This all drives down your overall running costs.

Save time managing your vehicles. Whether by organising vehicle fit-outs, dealing with an accident or breakdown, finding a repairer, paying tolls or infringement notices, managing fringe benefit tax or reconciling fuel receipts, FleetPartners can take

care of all your vehicle administration needs.

Vehicles depreciate and can be costly to maintain. Leasing provides more certainty regarding outgoings and outsourcing vehicle management, and allows you to focus your attention on your business.

Please visit fleetpartners.co.nz for more information.

Dellyn Mortleman is the Business Development Manager for the Bay of Plenty and Waikato regions. She can be contacted on 027 559 0206 and dellyn.mortleman@fleetpartners.co.nz

EFFECTIVE STRATEGIES TO RETAIN TOP TALENT

In today’s competitive business landscape, employee retention is crucial. Following the Covid pandemic, New Zealand employers have faced skill shortages and increased labour costs across most sectors. This highlights the importance of viewing employees as valuable assets rather than easily replaceable components.

Prioritising retention strategies is essential for building a successful business with a well-functioning team and avoiding the costs associated with constant employee turnover.

Key benefits of effective retention strategies include:

• Maintain productivity: keeping staff happy and motivated ensures consistent performance and productivity. Employee departures can strain remaining team members with additional responsibilities.

• Boost morale and loyalty: while high turnover negatively impacts engagement and morale, a positive work environment demonstrates care for employees’ success and inspires loyalty,

• Become an employer of choice: a workplace that values employees and provides development opportunities becomes desirable, attracting talented individuals.

Effective strategies to help retain talent within a business include:

• Retirement savings: well-structured retirement schemes or generous KiwiSaver contributions offer financial security. Providing educational resources for financial planning empowers informed decision making.

• Professional development: encourage continuous learning by integrating growth opportunities into everyday work. Invest in training and upskilling throughout an employee’s tenure.

• Work-life balance: promote balance through remote work options, flexible scheduling, reduced workdays or by discouraging the checking of email after hours, and respect employees’ time during their annual leave.

• Health & wellness: implement initiatives encouraging healthy lifestyles, such as on site gyms, stand-up desks, fitness challenges and nutrition guidance.

• Health insurance: comprehensive, affordable healthcare protects employees’ physical and financial wellbeing. Customised plans with excellent coverage cater to diverse needs and company sizes. This has become particularly attractive in the current economic climate.

> Focus on creating a positive work environment that demonstrates care and investment in employee success.

Provide mental health support through employee assistance programmes, meditation apps and counselling services. Promote open discussions about mental health and train managers to recognise and address related issues.

• Competitive salary & wages: ensure what you are offering your employees relates to market rates – if you are unsure, you can plan roles to suit industry norms.

• Reward & recognition: balance social recognition with monetary rewards. Financial incentives, such as cash, gift cards or paid time off, are common ways to show appreciation.

• Engagement: give employees a voice by listening to their opinions and showing that they matter. Create opportuni-

ties for interdepartmental collaboration to promote teamwork and overall engagement

Maintaining morale and productivity

When employees are engaged and happy in their work, they are more likely to stay and put in extra effort to help the business succeed. It’s no secret that high staff turnover can negatively impact the engagement and morale of remaining team members. Focus on creating a positive work environment that demonstrates care and investment in employee success.

Effective people strategies not only help retain top talent but also attract quality employees. Creating a work environment where employees are valued, expectations are met and development opportunities are investments in your employer brand all make your company a more desirable place to work, giving you an edge over your competitors.

The right combination of financial, health and lifestyle benefits demonstrates genuine commitment and care for employees.

HUMAN RESOURCES

A well designed programme for nurturing staff and retaining positive, motivated employees will lead to a more productive, profitable and sustainable business in the long term. By implementing these strategies, companies can create an environment where employees feel valued, supported and motivated to stay, ultimately contributing to the organisation’s overall success and growth.

Talent ID are Recruitment and Human Resource Specialists and can support your business to thrive in 25’ through the delivery of key talent and human resource consulting. Please feel free to talk to contact us by calling 0800 850 080 or emailing kellie@talentid.co.nz

When are share investments taxable?

The growth of online share trading platforms over recent years has made investing in shares much more accessible for the general population. This is due to the ease of transacting and the ability to invest small amounts for fractional shares.

With so many different considerations that go into making a prudent investment, it can be easy to overlook one of the most important factors that can affect your overall rate of return – that is the tax treatment. After all, your true return from any investment is the after-tax amount received.

Shares can provide income to shareholders in two main ways: through dividends or through capital gain on sale. Inland Revenue has brought the tax treatment of share sales and dividend income into focus with the recent consultation document outlining their view on what is and isn’t taxable. The fact that the draft document is 43 pages long, and the summarised fact sheets are 11 and 7 pages long, reflects the complexity of the issues.

Dividend income

Dividend income is typically taxable, meaning income from dividends forms part of your taxable income. New Zealand dividends will generally either have imputation credits attached, or withhold-

ing tax deducted (or a combination of both) so that the dividends are effectively tax paid to 33% for many shareholders.

Overseas dividends are a little more complicated depending on who holds the shares and whether they are subject to the Foreign Investment Funds (FIF) regime. There are also specific rules around claiming a tax credit for taxes deducted overseas. So, if you have foreign investments it

is best to do your research or use an accountant to prepare your return.

Selling shares

Determining the tax treatment when you sell shares is less straightforward. The resulting gain may be taxable (or deductible if it is a loss) depending on your circumstances. The sale may be taxable in the following situations:

• If you are in the business of dealing in shares, which generally requires a high level of activity and effort, with an intention to make a profit

• If the shares are acquired as part of a profit making scheme

• If the dominant purpose in acquiring the shares was to sell them at a later date.

The draft document notes that share sales should not be taxable where the dominant purpose of acquiring the shares was to receive dividend income, to receive voting or other rights provided by the shares or for long term investment growth.

As with most things tax related, the onus is on the taxpayer to support the position taken. So, if you are investing in shares you should keep records about your purpose in acquiring share investments and the reasons for any sales if this was not your original intention.

Under information sharing agreements with other tax authorities, Inland Revenue gathers a lot of detail on overseas dividends received and matches these to individual tax returns, following up returns where the dividends do not seem to be returned.

Unlike with real estate, Inland Revenue has not yet focused on monitoring share sales, but it is not hard to envisage this happening in the future, especially with the substantial increase in funding for audit purposes in Budget 2024. If you would like advice on the tax implications of your investment activities, now is the time to contact a tax specialist.

Andrea Scatchard is a Tax Partner at Deloitte, based in the Bay of Plenty. She can be contacted on ascatchard@deloitte.co.nz

Trust, transparency bloom

Atransparent relationship with a real estate agent is critical when it comes to selling a home – the most significant transaction most will make in their lifetimes! However, trust and transparency aren’t words typically associated with real estate, Tall Poppy’s Susan Northey contends.

“Along with Janet O’Shea (also from Tall Poppy), I have put trust and transparency at the heart of my local business, seeing it successfully disrupt the Bay’s property market since 2018. Tall Poppy was among the first real estate agencies to bring transparent pricing to the New Zealand market, along with our extensive, results-based marketing packages, which are free when you sell with Tall Poppy, meaning more money in your pocket.”

Working to build trust from day one, Susan and Janet begin

REAL ESTATE BY JANET O’SHEA AND SUSAN NORTHEY

with Tall Poppy’s ‘list and sell’ model, which sets them apart from other agencies, she says.

“We are 100 per cent responsible for the properties we list and we deal with 100% of all buyers. This means we’re dedicated 24/7 to your property. When a commission deal is on the table,

agents will compete fiercely for their cut – it’s not unheard of for this competition to get in the way of a seller’s best interests. However, our model means we’re always focused on getting the best results for our clients. When you remove commission from the equation, you genuinely achieve the best results for sellers.”

Being transparent does mean having tough conversations, something other agents may shy away from as many prefer to keep everything light and positive, Susan adds. “The truth is that selling a house isn’t always smooth sailing – we need to be able to have honest conversations but this builds genuine trust.”

Tall Poppy’s structure, which supports the hundreds of agents from one head office, allows the company to offer lower, fairer fees, Janet explains.

“Overall, our vendors pay

around a third less to sell their homes with Tall Poppy because we don’t have office rents and other unnecessary overheads. We’ve achieved this through investing in technology that streamlines everything we do.

“Our marketing package led the way for digital real estate marketing in NZ. We embrace new tech, which means we have unique relationships with the likes of Trade Me and we have tools at our fingertips that other agencies don’t, including property launches across major real estate websites and complete digital campaign strategies. We don’t rely on more ‘traditional’ methods of marketing a home.”

Fully New Zealand-owned and operated, Tall Poppy was the first real estate agency in NZ to be certified by Buy NZ Made, Susan confirms.

“This means we invest back

into the communities we work in and all our profits stay here –there aren’t many agencies who can claim this. The’ Kiwi way’ is embedded in everything we do, ultimately delivering a fair and transparent real estate experience that’s built on trust.”

Janet agrees: “And, we wouldn’t have it any other way!”

REINZ figures show the median house price for Tauranga was $850,000 in August 2024. Selling a home of this value through Tall Poppy would result in savings of up to $13,136.00, the pair concludes.

Janet O’Shea and Susan Northey are Franchise owners at Tall Poppy Real Estate, Tauranga. They can be contacted: Janet O’Shea - 021 872 072 janet.oshea@tallpoppy.co.nz

Susan Northey - 027 576 0499 susan.northey@tallpoppy.co.nz

Concerns over rate increases

Tauranga City Council elected members have received a number of communications from businesspeople and commercial and industrial property owners since the first rates invoices for the 2024/25 year were issued in August. While we had no involvement in the rate setting process, we obviously feel a sense of responsibility and acknowledge that, for many businesses, any increase in rates charges in the current economic climate is far from ideal.

However, we also have to acknowledge that, in many respects, a fairer rating structure was long overdue. The commercial and industrial rating differentials, introduced progressively since 2021, have brought Tau-

ranga more into line with systems that have applied in other major metropolitan centres for many years. In this instance, ‘fairness’ refers to the fact that businesses generally make far greater use of the city’s infrastructure assets, particularly our transport network, than an average residential ratepayer – this disparity in use is even higher for industrial operations.

From the correspondence I’ve received personally, it’s clear that, in some situations, property revaluations have exacerbated the issues commercial and industrial ratepayers face. Simply put, if a property has increased in value by more than the average for the city as a whole, its owners will have a higher than average rates increase. In the case of businesses, the differential multiplier makes the increase even higher.

We understand it will be of lit-

tle consolation to know the value of a business’s assets has grown, because the reality for most is that their revenue hasn’t, and that’s where rates payments have to come from.

At this stage of the new council’s tenure, we can’t promise any significant rates relief for the business sector. However, the 2025/26 Annual Plan process will give us an opportunity to look at the fairness of the current commercial and industrial differentials again, and any unintended consequences of the changes, in consultation with the business sector and the wider community. This would allow all relevant factors to be taken into consideration, including comparisons with other centres and the sector’s ability to pay based on the prevailing economic climate at the time.

In the meantime, we appreci-

ate the goodwill businesses have brought to the rate setting process and the acknowledgement that the sector will have to contribute more as we work to address a longstanding underinvestment in infrastructure. Until then, there is one promise that council elected members can make – we will be doing our utmost to ensure cap ital investment focuses on the city’s priority issues and deliv ers real value for money for all ratepayers.

Right now, the priorities include revitalising the city cen tre so that it once again becomes the economic, social and cultural hub of the wider region. We will also continue working with central government to deliver the infra structure required to address Tauranga’s dire housing shortage and transport

congestion issues. Getting these jobs done will benefit businesses enormously and we’re relying

MahéDrysdale

ENABLING INDUSTRY ENGAGEMENT

In an era when the lines between traditional education and the workforce are blurring, Toi Ohomai Institute of Technology stands at the forefront of innovative learning and vocational education in the Bay of Plenty and South Waikato. Our commitment is to not only adapt to the changing world, but to lead the charge in shaping the future of education.

Toi Ohomai Institute of Technology’s focus has always been, and continues to be, on providing quality vocational education and training to meet the needs of our diverse communities and in line with employers needs in the Bay of Plenty and South Waikato.

The education sector, among others, is facing changes and challenges, but better than anyone, we understand the need to provide education that responds to the needs of our people as well as those of our industries. We have a long-standing history in the Bay of Plenty and South Waikato and our core focus on ākonga (student) success goes a long way in both delivering education and also in maintaining our strong industry connections.

We recently engaged with our local business communities at our Business After 5 (BA5) functions –in Tauranga, Rotorua, Taupō and Whakatāne – through our partnerships with local chambers of commerce. They have been great at opening up conversa-

tions around the future of vocational education and for hearing directly from local businesses and community leaders. Collectively, we are all facing similar challenges, which is why it is so important to work together to address and overcome these.

We held an interactive activity asking participants to select

> Collectively, we are all facing similar challenges, which is why it is so important to work together to address and overcome these.

the topics they wanted to hear us speak about. We covered three areas our partners were keen to hear about with the first addressing the biggest challenges and opportunities for youth employment and how education providers could help.

We know that offering flexible study options (including online and in-work) can improve youth employment by aligning training with growing job markets.

We highlighted how partnerships and collaborations between educational institutions and local businesses are crucial for creating relevant programmes that lead to immediate job opportunities, and we covered the importance of graduate connections, where engaging with graduates helps businesses understand youth skills better and align job openings with available talent.

Ongoing dialogue and continuous communication is also vital between businesses and education providers by ensuring graduates acquire the skills local employers need.

The next topic addressed the changing vocational education landscape and the delivery models/approaches that support robust education to employment outcomes. We highlighted how broader shifts in education –including polytechnic mergers,

EDUCATION

funding model changes and new government policies – impacted regional areas and created uncertainty.

However, Toi Ohomai has a commitment to delivering education and training across the Bay of Plenty and South Waikato and supporting local industries and workforce development. We are adapting with flexible approaches, such as new courses and partnerships, and we know the importance of engaging with local businesses and stakeholders.

The final topic explored how businesses and industry can access our graduates and understand their skills. We want to continue to promote collaboration and build on events, such as our BA5s, as we need to encourage environments where local businesses and Toi Ohomai work

together to align educational offerings with industry needs, including internships, apprenticeships, and industry placements. We need to ensure ākonga benefit from integrated industry experience, giving businesses opportunities to engage with and evaluate ākonga before graduation.

We want to use skill mapping of businesses to understand local needs and talent required, enabling us to pinpoint areas for further training or development, as well as programming that assesses the skills of graduates and maps them to the needs of industries.

Strong partnerships with local businesses, industries and iwi are integral to our approach. Through work-integrated learning opportunities, ākonga gain hands-on experience and develop practical skills directly applicable to their careers. These collaborations ensure our curriculum remains relevant and aligned with industry needs.

By continuing to engage with our industry partners and fostering these relationships we are not just keeping pace with the future, we are shaping it.

Dan Taylor is Head of Partnerships and Pathways for Toi Ohomai Institute of Technology. www.toiohomai.ac.nz 0800 86 46 46

Acorn: sturdy roots, growing support

From many small acorns big things have grown across the region. However, much more is expected from the Acorn Foundation’s most recent investments.

The Acorn Foundation has distributed almost $20 million to the western Bay of Plenty community and beyond since its founding in 2003, supporting more than 300 local charities and award programmes.

What’s more, this year’s distributions are 20 per cent higher than in 2023 with 30 organisations set to benefit for the first time.

“Our ability to give back to this region is thanks to the generosity of our incredible donors,” Acorn’s CEO, Lori Luke, advises. “Our donors are enabling us to create a lasting impact that will ripple across the region for generations to come.”

This year, the work of 272 charitable organisations and scholarship programmes is being supported as the foundation focuses on enterprises assisting people in the community with disabilities and their caregivers.

“These groups were highlighted as particularly vulnerable in the Vital Update – Tauranga 2023 research. Acorn was able to support organisations doing excellent work with locals with physical, intellectual and learning differences.”

Improving food security is also on the menu for the region. The foundation’s annual distributions include donations from the Acorn Vital Impact Fund, which concentrates on areas of greatest need in the western Bay of Plenty.

“With on-going concerns about residents’ access to food due to cost-of-living issues, this year’s fund was targeted specifically towards organisations working in the food security space,” Lori said.

The Vital Impact Fund provided grants to organisations covering food support, including:

• Tauranga Community Foodbank

• Good Neighbour

• Super Support

• The Hub Te Puke

• Under the Stars

• Ōtūmoetai Social Supermarket

AcornmarketingandeventscoordinatorFrancesMolewithJimMcCroneofSailabilityTauranga,whowonaraffleatthe2024DistributionsFunction.

• Kura Kai

Because older residents may find it harder to make ends meet during a tough economic climate, a meeting of minds is ensuring help is at hand. As a result, Super Support was an obvious choice among this year’s Acorn Foundation recipients.

“We have an increasing concern about the affordability of food for the renting elderly,” explains Lori. “Super Support provides a free service of precooked meals, basic pantry supplies and wrap-around support directly for those aged over 65 who are finding it difficult to afford healthy food.”

Super Support has required many hands to make light work, operating as a collaboration between: Tauranga Foodbank, Good Neighbour, Age Concern,

Here to Help U, Bay Financial Mentors and Tauranga City Council.

“If older residents are struggling with dental expenses, health costs, rent, and food price rises with no income other than superannuation, purchasing food is on the bottom of their list,” Tanya Smith from Age Concern asserts.

Endowment – giving lives on

Acorn Foundation donors support the community through a range of methods, including gifts in wills and endowment (or living giving). This involves an initial gift invested with a portion of returns distributed to recipients selected by Acorn donors. The foundation supports charities and causes,

allocating funds through the volunteer Distributions Committee.

Acorn’s endowment giving – which totalled $2.5 million this year, an increase of 10% –provides enduring assistance, explains donor Noeline Campbell.

“If you set up an endowment fund with Acorn, it will be there after you have died. Income will be generated to fund those charities you supported when you were alive.

“You get to experience the joy of giving during your lifetime and you know that it will continue to have an increasing effect long after you have gone. Isn’t that wonderful?”

As September was Wills Month, it was the perfect time for locals to ensure they could continue to assist others into the future. However, the seeds of

ROAD WORKS ROLL ON – PRIMARY INDUSTRIES SET TO BENEFIT

A$820,000 boost from the Cyclone Recovery Capability Fund is expected to help locals further nail down local recovery efforts following last year’s severe weather events.

Helping to progress remediation work on damaged roads, the funding covers geotechnical engineering ($485,000), planning ($200,000) and stormwater

analysis and design ($135,000).

“We are already working on a number of roads that suffered damage, but this means we can now progress more sites,” confirmed project engineer, Sam Prendergast – Western Bay of Plenty District Council. “The funding will enable us to engage the necessary professional services and progress these designs in parallel with other sites.”

Roads set to benefit from the new funding include Kaiate Falls Road, Ngamuwahine Road, No. 3 Road, Oropi Road, Te Puke Quarry Road and Turner Road. Jo Lynskey from the council’s Emergency Management team adds that the funding has been welcomed by the community and will prove especially vital to the region’s primary sector businesses.

“Our communities, in particular the primary sector, depend on a reliable and resilient road network. Support from government for increasing capability for technical expertise and additional specialist skills to deliver these projects sooner than planned means we can speed up the resilience of our communities.”

Announced as part of Bud-

charity are welcome at any time.

“It is such a privilege for our team to work with Acorn’s fantastic donors, supporters and volunteers whose generosity has enabled the foundation to make this significant impact on the western Bay of Plenty today and to build an enduring legacy for tomorrow,” Acorn’s legacy giving manager, Campbell Higgins, adds.

“We hope more and more locals see the unique benefits this type of giving can provide to charitable organisations across the region. We’d love to speak to them about the causes that are closest to their hearts.”

Visit www.acornfoundation. org.nz for a full list of the Acorn’s Foundation’s 2024 distributions or to discover more ways to help others.

get 2024, the Cyclone Recovery Capability Fund is being distributed to a dozen councils, covering 50 initiatives.

Shadow IT and the cost of inaction

> HOW TO BEST POSITION YOUR BUSINESS FOR SUCCESSFUL TECHNOLOGY USE

Have you heard of shadow IT? Referring to the unauthorised use of technology systems, applications and devices within an organisation, it’s an issue with which both IT managed services providers and internal IT teams are grappling.

Just because the uses of certain technologies aren’t authorised doesn’t mean they’re badly intentioned – team members might get together in a text group while on a work trip and end up collaborating on work items in the chat, for example. Alternatively, a developer in your team may be trialling an AI large language model and inadvertently put sensitive information into the public domain.

More often than not, shadow IT starts small and for the right reasons, such as saving time, moving something forward or finding a better way. However, the problem with shadow IT is that an organisation can’t protect what it can’t see and, as time

passes and the problem grows, they carry more and more risk of which they are unaware. It is imperative for businesses to strategically position themselves to harness the benefits of technology while mitigating the associated risks. Bay of Plenty businesses should consider how they might be impacted and what they can do to provide their teams a safe environment in which to utilise their skills and initiative.

The (hidden) costs of shadow IT

One of the primary risks of shadow IT is the vulnerability it introduces to an organisation’s cybersecurity. Unapproved applications and devices may lack necessary security measures, making them an easy target for cyberattacks. This can result in data breaches, loss of sensitive information, and the potential for legal ramifications – for which

> NEW APPOINTMENTS

MELISSA CHESTER & STEVIE SHAW

Holland Beckett is delighted to announce the promotion of litigation lawyer Melissa Chester to associate.

Melissa is based in Holland Beckett’s Rotorua office and specialises in civil litigation, providing advice to clients regarding a wide range of general litigation matters.

While she has appeared in the District Court, High Court and various tribunals, she also enjoys helping clients to consider pragmatic solutions such as alternative dispute resolution.

An active member of her community, Melissa is chair of the Rotorua Hopewalk Charitable Trust, a former president of Young and Local Rotorua Inc and a volunteer for Citizen’s Advice Bureau.

Holland Beckett’s Stevie Shaw has also been promoted to associate. Stevie has broad experience with employment law issues, both contentious and

TECH TALK BY JACOB DOHERTY

the costs can be almost unlimited! Furthermore, shadow IT can lead to data silos, where critical information is fragmented across various unapproved platforms. This fragmentation actually hampers the collaboration that was probably sought in the first place. It muddies decision making and gets in the way of employees being able to access the right data at the right time. This can make all the difference between winning or losing a deal, keeping or losing

non-contentious.

Before joining the business’ Tauranga-based team last year, he gained considerable experience in employment law teams within larger firms and at a specialist employment boutique firm in Auckland.

Stevie regularly appears in employment mediations and has appeared in the Employment Relations Authority.

Holland Beckett is delighted to celebrate Stevie’s success and the firm’s ability to offer clients a high level of legal expertise in the employment space.

SCOTT CAMPBELL

Port of Tauranga Limited recently announced the appointment of Scott Campbell to its board as part of the Institute of Directors’ Future Directors programme.

Scott (Te Arawa, Ngāi Te Rangi, Ngāti Pūkenga) is managing director of Strategicly Consulting (formerly Campbell

a customer, or even retaining or shedding great talent within your team. The inefficiencies caused by data silos will ultimately affect your bottom line.

The cost of inaction

Inaction in the face of shadow IT can prove very expensive. In addition to efficiency being compromised and financial pain (as mentioned), risks to your reputation could stem from shadow IT spiralling out of control.

Businesses that turn a blind eye risk losing control over their IT infrastructure and dealing with inconsistencies in data management, both of which could grow into compliance breaches. The New Zealand Privacy Act 2020 allows for a maximum of $10,000 in penalties – penalties can vary and prove ongoing. What’s more, if you are doing business beyond these shores, you may be subject to laws in other countries, which could be even more punitive. A

$10,000 fine coupled with having to tell all of your customers about a breach you have committed could be devastating for a business, so it pays to closely consider what this might mean for you!

Positioning for success

Addressing the challenge of shadow IT is not just an option, it’s a necessity as it can undermine the very foundation of a business. By working with experts and adopting a proactive and integrated approach to IT governance, businesses can position themselves for successful technology use, ensuring security, compliance and sustained growth for the future, all without sacrificing any competitive edge.

Jacob Doherty is an account manager at Stratus Blue. He can be contacted at jacob@stratusblue.co.nz

Squared), advising iwi, government agencies and corporates about strategy, reputation and risk management. He brings a wealth of experience in iwi engagement and issues management.

Scott’s governance experience includes trustee positions for Sustainable Coastlines and the Graeme Dingle Foundation Bay of Plenty.

Port of Tauranga chair, Julie Hoare, said she is delighted to offer Scott the opportunity and looks forward to his contribution. Scott’s 12 month term begins October 1.

SEAN MARSH & OSCAR NATHAN

Two Bay of Plenty locals are back on board with the New Zealand Cruise Association (NZCA).

‘’We’re very proud to have Sean Marsh representing our rohe, culture and industry on the New Zealand Cruise Association (NZCA) board,” a

statement confirms. “He’s hugely passionate and knowledgeable about this sector and generous with insights for those who want to learn more.”

While Sean has been on the board since 2016, a fellow Bay local Oscar Nathan (Tourism Bay of Plenty), has also been committed to steering the future of New Zealand’s cruise industry since 2021.

The NZCA board is excited for the journey ahead and grateful to be captained by a robust leadership team, as Sean confirms.

“Understanding how the overall spend of cruise passengers, crew and vessels positively impacts businesses and communities across Aotearoa is critically important. Through collaboration, we all benefit.”

Sean and Oscar join five other members on the newly elected board, chaired by Tansy Tompkins (Wellington Cable Car) with Debbie Summers (ID New Zealand) as deputy and David Kriel (FCILT, Napier Port) serving as treasurer.

1. Melissa Chester. 2. Stevie Shaw. 3.ScottCampbell. 4. Sean Marsh. 5. Oscar Nathan.

Tauranga Club Launch

Host: Tauranga Club Location: Tauranga Club, 5th Floor, Devonport Towers. Date: Saturday September 7, 2024

The Tauranga Club celebrated its Grand Reopening with an unforgettable cocktail party, honouring the club’s 130-year history while looking ahead to an exciting future. 250 members and guests enjoyed food by new executive chef Ian Harrison, live jazz, tours of the club’s new meeting rooms, private members lounge and revamped spaces.

Photography - Bryony Alexander

World EV Day with GoTo Car Share

Host: GoTo Care Share Location: Basestation, 148 Durham St, Tauranga. Date: Monday September 9, 2024

GoTo Car Share celebrated World EV Day by offering free charging at its Tauranga CBD station and hosting a coffee morning at 148 Durham Street. Attendees explored the benefits of car sharing, viewed the EV fleet and entered a Tesla weekend giveaway.

Photography - GoTo Car Share

ONEThePriorityOneteam,MarissaNikora,DanBromley,StevenVincent,JillBeedie,VeedeKoster,GailElliott, CraigWilliams. TWO GoTo Electric Bikes. THREECarandcharger. FOUR Steven Vincent, Jackie Messam.

HEG BUSINESS EXCELLENCE AWARDS

Host: Eastern Bay Chamber of Commerce. Location: Whakatāne War Memorial Hall Date: 31 August 2024

Photography – Claire House Photography

The 2024 HEG Business Awards was a night to remember! A celebration of excellence,

and recognition; highlighting the

and success that

the Eastern Bay’s

Horizon Energy Group Supreme Business Award:  Mainstream Engineering

1XX, Beacon Media Group & Media BOP Solopreneur Award:  RENAskin

Eastbay REAP Outstanding Small Business Award:  Apogee Legal

Productivity People Impactful Medium Business Award:  Superior Excavation

Air Chathams Empowering Large Business Award:  Mainstream Engineering

Toi Ohomai Community Organisation Award:  Whakatāne Kiwi Trust

Eastern Bay Chamber of Commerce Pakihi Māori Award:  Te Tawa Kaiti Lands Trust

Ake Accounting Chartered Accountants & Business Advisors Emerging Business Award:  Takutai Adventure Company

2degrees Inspired Use of Technology Award:  Mainstream Engineering

Eastern Bay Chamber of Commerce Manaaki Tangata Award:  Alzheimers Society Eastern Bay of Plenty Incorporated

Te Whare Wanānga o Awanuiārangi Whai Ora Award:  Eastbay REAP

Toi EDA Kaitiakitanga Award:  Whakatāne Kiwi Trust

Whakatāne Mill Limited Business Management & Strategy Award:  Te Tawa Kaiti Lands Trust

Whakatāne District Council People’s Choice Award:  Money Maverick

> 2024 BUSIN ESS EXCELLENCE AWARDS > 2024 IN DIVIDUAL

Property Brokers Whakatāne Community Leader Award:  Waata Heathcote

Eastland Generation Young Entrepreneur Award:  Oliver Dobbin Whakatōhea Mussels (Ōpōtiki) Ltd Business Leader Award:  Oliver Dobbin

FORLEASE

Premiumofficespace at159Durham

Abrandnewcommercialoffice developmentseekingtoadvance businesscollaboration,lifestyle, wellnessandconvenience-where businesswillthrive.

BuilttoESDprinciples alignedwith 5Greenstar

TaurangaCentral locationprovides opportunitiestorelax andentertainclients atnearbyeateries

BusinessCentre andsharedmeeting spacesonsite. Impressyourclients andlimitcapitalspend

Dualfibre connectivity ensuresresilience

Secure carparkswithEV chargingcapability

Achieveyourwork/life balancethroughour endoftripfacilities offering–bikeparks, showers,lockers

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.