September, 2023 - The Profit

William Horvath

150 years of insurance events in Hawke’s Bay

As this July marks 150 years since the founding of Hastings, we thought it would be interesting to take a journey through some of significant events in the region during this time and see how insurance played a part in them. Has much changed since 1873 and what have we learnt? Fire Hastings first major fire occurred in Heretaunga Street...

Medium density housing Hawke’s Bay

Throughout the years central government have been gradually incorporating legislation into the planning framework that has directed local authorities to consider specific areas for housing developments and incorporating these into the rule frameworks of their district plans. A key piece of legislative framework is the National Policy Statement on Urban Development (NPS-UD). The NPS-UD was released in December 2020 and...

Will local businesses profit from cyclone rebuild?

The region’s rebuild of bridges and roads is set to cost more than $1 Billion and a provide a pipeline of civil infrastructure work that could stretch out for the next decade. But what businesses will benefit? Large national and multi-national businesses have already formed alliances with Waka Kotahi while a local-centric procurement pledge (progressive procurement) by local council’s has...

Talk of town heralds redevelopment of Napier CBD

The talk of the town locally is the recent Colliers sale of two iconic office buildings in the heart of central Napier, Dalton and Vautier Houses, heralding an era of extensive redevelopment in Napier CBD and presenting exciting leasing opportunities within the city. The landmark properties, recognised as the largest office block in the Hawke’s Bay region, were acquired by...