The Profit - Inspiring Business in Hawke's Bay

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Finance New Zealand’s Hawke’s Bay – Team Expands – offering comprehensive finance solutions to help businesses prosper

More Kiwi businesses are looking to work with finance advisers who can provide full solutions for asset and business finance - bringing New Zealand closer to the way Australian businesses operate. Statistics from East and Partners Research Australia show that approximately 70% of Australian businesses use finance advising/broker services for equipment or asset finance needs. Up until now, New Zealand...

Can Do. Will Do’ approach connects Hawke’s Bay producers to national and international logistics chain – Booths Logistics

Hawke’s Bay businesses that move products throughout New Zealand and offshore are benefitting from the extensive network of logistics and warehousing offered by fast growing business, Booth’s Logistics. Booth’s was founded in Manawatu in the 1980’s when Graham Booth faced similar challenges common to most growers and producers – how to move product from the farm gate to market. In...

Building trust for 30 years – Hurford Parker

After 30 years at the helm of local Insurance broker firm Hurford Parker, Jeff Parker can begin to take a back seat knowing the business is in good hands. Jeff started Hurford Parker alongside Jim Hurford in 1994 as a response to ensuring local businesses and property owners had a local ‘on the ground’ insurance broker firm that would be...

Doing the heavy lifting for Hawke’s Bay businesses – Hawke’s Bay Crane & Platform Hire

In the heart of Hawke’s Bay, where rugged landscapes meet relentless ambition, Hawke’s Bay Crane & Platform Hire is redefining the skyline. As construction projects continue to climb and infrastructure projects grow larger, this dynamic company stands as the region’s heavyweight champion in delivering precision and unparalleled service with its fleet of cranes and access equipment. The business continues to...

Hawke’s Bay property market rebounding

Following the long-awaited announcement of the first cut to the Official Cash Rate in more than four years by the Reserve Bank of New Zealand, market sentiment in Hawke’s Bay is lifting. While the road to recovery following the economic shocks caused by the Covid-19 pandemic and extreme weather events such as Cyclone Gabrielle has been long, green shoots are...

Do you need a Trust?

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 protection and estate planning. Asset Protection Historically, one of the...

Lattey Group in growth mode

The locally owned civil construction business has grown their staff by 20 percent in the past five years and outgrown their Hastings premises. So, they are on the move, taking the 75 plus team into a 6000 sq/m purpose-built base in the Irongate business district. CEO Mark Hook (pictured above) talks smart business with Kate de Lautour. What are...

Rising insurance costs and difficulty getting cover – especially in flood-prone areas

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 to their home, business or both. Why have costs risen...

But that’s what we agreed …

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 to create a lasting and workable arrangement. Whether or not...

ROCKIT GLOBAL ANNOUNCES THE APPOINTMENT OF NEW CEO, GRANT MCBEATH

Rockit Global Limited Chair, John Loughlin announced today the appointment of Grant McBeath as its new Chief Executive Officer. Grant will succeed Mark O’Donnell who in June announced his upcoming retirement. The appointment follows a search that included international candidates for the role. John Loughlin said, “the Rockit Board is delighted with the appointment of a proven leader with a...