June, 2023 - The Profit

Damon Harvey

Iwi takes lead in post-flood housing

K3 has emerged as a turnkey solution to the ever- growing housing crisis in Hawke’s Bay with its latest move establishing an offsite building facility in the Irongate Industrial zone. The offsite build facility, officially named Te Whare Tipu, currently has 22 transportable homes under construction either for local Papakāinga or for immediate flood relief housing. K3 chief executive Aayden...

Napier Port moves closer to carbon zero target

Napier Port has commissioned four new Kalmar container handling machines – two Eco Reach Stackers and two Empty Container Handlers, after a comprehensive procurement process that was aligned to the port’s Emissions Reduction Strategy and wider sustainability objectives. These machines have a natural, long-term life cycle, so it is critical the right environmental and investment decisions are made as the port works towards...

Local land experts merge to form a one stop shop consultancy

Development Nous is a growing local multi-disciplinary land consultancy following the merger with well- established Hastings businesses Shanley Surveyors and Design Phase, a leading Structural and Civil Engineering consultancy. Development Nous was set up by Principal Planner Matthew Holder and Licensed Cadastral Surveyor Karl Carew in 2016 and with strong organic growth over the last 6 years along with significant...

Nothing traditional about Rebel Business School

Do you have an awesome business idea that you want to bring to reality but are struggling to get it off the ground? It’s time to become a rebel and step out of your comfort zone and participate in the 10-day free Rebel Business School Aotearoa. The Napier City Council, Hastings District Council and Ministry of Social Development are bringing...

Ultrasound HB – Going the extra mile leads to success

The timing of establishing a new business was far from perfect as we were all still living in a COVID19, it was brave to consider starting a new business, but the rollercoaster ride since for Ultrasound Hawke’s Bay remains rewarding. When Jody and Rohana Dawson featured in the March 2021 issue of The Profit, they were in the throes of...

A new grape vine of opportunity – Table grapes reach high end stores in Japan

Hawke’s Bay is renowned for award-winning wines, but super-sized table grapes grown on the Heretaunga Plains could fetch eye watering prices in high-end department stores in Tokyo, Japan. In New Zealand 90 percent of grapes grown are for wine with 10 percent for eating, while in Japan it’s the opposite with a bunch of golf ball sized in-season grapes fetching...

A closer look at Carbon

At times of market and economic uncertainty, combined with relatively low expected returns for many asset classes, we should consider more widely the assets we hold. It’s important to have a portfolio strategy, designed with discipline, embracing market opportunities while preparing for the unexpected. There are several components of a well-constructed portfolio, including a robust strategic asset allocation that’s consistent...

Risk register protects and creates opportunities

The start of 2023 has been a rough one. Cyclone Gabrielle and the subsequent flooding brought a degree of destruction not seen in the Hawke’s Bay for decades. If we have learnt anything over these last few years following a global pandemic, lockdowns and cost of living crisis, it is that as a group, Hawke’s Bay people and businesses are...