December, 2020 - The Profit

Duncan Wallace

IT Security – Threat Management

The problem we are all facing Security has become a more in-depth executive discussion because of the many ways through which businesses can and are being attacked. Mobility, BYOD (bring your own device), virtualisation, the cloud, and social media have all opened new doors and security loopholes into all our businesses. At the same time, all organisations need IT Security...

Here we go again

Let’s not talk up a recession New Zealand, it seems, is leading the world in its handling of the Covid-19 crisis. Although none of us have a crystal ball, we are in a much better position than most nations, many of whom are suffering under the pressure of vast numbers of new cases and struggling economies. Over the last few...

Putting your best foot forward in a booming property market

By Anna Bernie The COVID-19 pandemic has created a great deal of economic uncertainty both globally and in New Zealand. During the lockdown in April and May 2020 we were all questioning how the housing market would be impacted. Contrary to the expectations of some commentators, the NZ housing market has been booming since the end of lockdown. Whether this...

Is your business ready for changes to alert levels?

The last Alert Level 3 Lockdown in Auckland has once again shown that businesses need to be prepared, at short notice, to make to significant changes to the way they work if required to move to Alert Level 3, or 4. As a result, it’s important to have a plan that you can put into action should this next occur....

Policy changes come into force

August and September saw several new pieces of legislation come into force. Two of these include: 1. The National Policy Statement on Urban Development 2020 2. The National Policy Statement for Freshwater Management 2020 The National Policy Statement on Urban Development 2020 came into effect on 20 August 2020. It replaced the National Policy Statement on Urban Development Capacity 2016. The...

Investor competition set to drive values higher

Despite some uncertainty and short-term disruption to market conditions from COVID-19, low interest rates are fueling investment activity, especially for prime properties with strong covenants. The flight to quality and limited stock available to purchase is likely to elevate the level of competition amongst experienced investors driving values higher. Overall Investor Market Conditions The economic downturn created by the COVID-19...

Hawke’s Bay on track to be premier sport facility capital

Hawke’s Bay has the potential to supersede the likes of Auckland, Hamilton, Tauranga, Wellington and Christchurch as the premier sport facility region of New Zealand. In fact Hawke’s Bay can probably already lay claim to the title, but with over $60 million of new sport facilities at the Regional Sports Park (Mitre10 Park), Pettigrew.Green Arena (PGH) and a high performance...

Getting Lift off – youth development programme profile

To counteract concerns the job market would get harder for its rangatahi (young people) following the Covid-19 outbreak, they fast-tracked plans to create jobs themselves and LIFT Business on Emerson Street, Napier, was born. This retail hub, supported by council and charitable funding, opened its doors in August selling products made by LIFT’s rangatahi ‘clients’ or their broader whānau. Part...