The Profit - Inspiring Business in Hawke's Bay

Blog

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...

Interactive family event shows true impact of vaping

Bringing together over 10 different partners in holistic health & wellness, science and education, the Family Health Fair is set to be both entertaining as well as insightful. The Family Health Fair takes place 22 June at The Blyth Performing Arts Centre. The event is particularly interesting for parents including their tweens / teenagers, health professionals, educators, philanthropists, and those...

Cyclone Gabrielle & tenancies – know your rights

Article by Edward Bostock, Director and Kelly Henderson, Legal Executive One of the most significant impacts of Cyclone Gabrielle has been the damage and destruction to commercial and residential properties in Hawke’s Bay. Building officers are completing rapid building assessments on properties effected by the Cyclone. To date, there are 100 red stickered properties (meaning the property has been seriously...

Hawke’s Bay benefits from ongoing investment in local radiology and cancer treatment services

Canopy Healthcare’s radiology arm, TRG Imaging, is excited to announce the next step in its multi-million investment in clinics in Hawke’s Bay with the opening of a new Canning Road clinic. TRG Imaging’s Hawke’s Bay General Manager Paul Toomey said it is the latest step to meeting a surge in demand for medical imaging and cancer treatment services in the...

People Planning for a Year that is not business as usual

It was anticipated as a year of positivity, business as usual and moving on, but 2023 so far has not been what Hawke’s Bay expected. From a people and business perspective, managing through a disaster creates additional issues to navigate. Resilient Organisations, a research and consultancy group, classify the stages of looking after staff in a major disaster into four...

The Growing Value of Insurance Cover

There is nothing like a natural disaster such as Cyclone Gabrielle to once again have the spotlight shone firmly on ensuring your property is adequately insured in the event of loss and damage. The way Kiwi homes were insured largely changed following the devastation of the Canterbury earthquakes with a shift from guaranteed full replacement or undefined cover to a...

Initial responses and build back better

The impact of Cyclone Gabrielle has been felt, and will continue to be felt by many, and across many sectors. Suffice to say that many families and businesses have been massively affected. From a resource management perspective, new legislation has been introduced to assist initial recovery responses, and various planning processes are likely to follow around consenting and new policy...

Learning from Disaster: What we should take away from Cyclone Gabrielle

Over the course of the last several years, we have seen three major events that forced us to reassess our business continuity and disaster recovery planning. The Christchurch earthquake of 2011 initiated a shift towards cloud technology in preparation for office access becoming more unpredictable. 2020’s COVID-19 pandemic solidified remote working and online collaboration as an essential part of modern...