May, 2019 - The Profit

Simon Fletcher

Outstanding performance for region’s economy

I’m no expert in economics, but I can see the numbers and it looks good, but what about the future? As much as an economist can look at all economic indicators, I look at it from my frame of reference, how will technology contribute to the Regions growth from 2020 and beyond? The World Economic Forum has identified five areas...

Expanding your business? Proceed carefully …

It’s great to see Hawke’s Bay’s economy steaming ahead and to notice lots of positive signs that our business environment is thriving.As your business improves and demand increases you may be thinking about expanding by hiring new staff. Before you start making offers however there have been a number of changes to employment law recently that you need to be...

Climbing the ladder in the apple industry

The apple industry in Hawke’s Bay is thriving. Looking at 2017 statistics published by the New Zealand Institute for Plant & Food Research Ltd. since 2015, apple orchards in New Zealand have increased in value by approximately 70 percent. In 2017 New Zealand exported 343,000t of apples (total production of 384,000t). Of which, 70 percent are grown in Hawke’s Bay....

CGT debate over, a flying start to 2019 set to continue

Now that the debate about the introduction of a comprehensive capital gains tax is out of the way, we expect confidence to build further in the commercial property sector over 2019. Starting with such a strong base to grow from, with over $138 million in commercial property sold in 2018, up from $116m the previous year, we knew 2019 would...

Local design and construction excellence

A team of Hawke’s Bay design and construction excellence has delivered Hastings a world class Primary Health Facility. “The way we procured and built the project meant we were all one team working in partnership,” says project manager Nick Ward of Proactive Management (PML). He’s full of praise for the team of local construction specialists with main contractor Gemco Construction,...