It’s no secret that Kiwi’s have long loved trusts. It is estimated that there are currently between 300,000 and 500,000 trusts in New Zealand. But why the obsession? And is there still the same love for trusts that there once was? Trusts have always been a useful tool for asset
Why are insurance costs going up? Over the last 18 months insurance premiums have gone up by nearly 30%, with significant increases in high flood risk areas, such as the Hawkes Bay. Whilst pricing is starting to stabilise, it is still a large cost for many people whether it comes
A wise and respected local businessman once gave my Father some sage advice which he has often repeated: “You are a fool if you do not understand what you are signing”. Not so long ago a handshake and a discussion of the broad terms of an agreement were often enough
Over 2024, high interest rates and inflationary pressures have made it harder than usual for Kiwi businesses to thrive. At the same time, many businesses still see an opportunity to grow but may be reluctant to spend money on hiring a new person (especially at a senior/ executive level) who
Bayleys is the largest full-service real estate agency in New Zealand and has also been actively assisting business owners to sell their businesses through its team of specialist brokers. In January 2024, Bayleys made the strategic acquisition of bespoke brokerage and advisory firm Rede, which had a track record of
A few years back, my friend Johnathan, who was working as a Principal Solution Architect for AWS, visited EIT to spend some time with our students. He told me about this new thing called Alexa for Business. What he told me was futuristic … imagine a CEO in a board
Our Napier and Havelock North teams are feeling good, armed with knowledge, skills, and terrific marketing tools they are performing really well in a property market that is active and transacting an increasing number of properties. But you won’t read that in the media. I can bet you a dollar
The number of commercial and industrial property sales was subdued in 2023, as both vendors and purchasers adopted a cautious approach after a record-breaking couple of years. Uncertainty regarding the level at which interest rates would peak, given the inflationary backdrop, and concerns about a cooling economy, all weighed upon
The election of the coalition government in late 2023, together with proposed District Plan changes relating to medium density housing in both Napier and Hastings, has created an environment of uncertainty for urban development in the Hawke’s Bay region which may continue for the next 12-18 months. At the central
New Zealand business leaders and owners are encountering a variety of challenges in the current market, from economic pressures and financial concerns though to workload issues. Unfortunately, business leaders are now feeling more negative than ever when it comes to their business performance – so what can they do to
