The Profit - Inspiring Business in Hawke's Bay

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Making cents of the market

It is the process of anticipating what could lie ahead, and the creation of methods and processes to help minimise the potential negative effects of future influence... but can you ever truly 100% futureproof a portfolio? The truth is you can’t completely 100% future-proof any portfolio, because investment involves risk no matter how low, and the future is uncertain. But...

What’s New in Planning?

Proposals for developing a ‘national planning template’ were first introduced following a 2013 discussion document ‘Building Competitive Cities: Reform of the Urban and Infrastructure Planning System’, with consultation on the development of National Planning Standards commencing on 6 June 2018 and submissions on Draft Standards closing on 17 August 2018. The themes emerging from the consultation indicated that: current plans...

Success flows from the drains up

When the Global Financial Crisis hit in 2007, Mark Currie thought his family business, Drainways, was about to go down the drain, literally. The business, started by Owen Currie in 1977, was starting to feel the strain of the downfall in construction projects across Hawke’s Bay. Mark had taken over the business from an older brother in 2007 and was...

Record turnover and passenger growth brings forward Airport Masterplan review

Passenger growth at Hawke’s Bay Airport continues to exceed expectations and has led to the company posting a record turnover of $6.6 million. Year-on-year passenger growth is up 8 percent with 715,000 annual passengers for the rolling year through to October 2018. Net profit after tax of $1.4m, was slightly down on last year ($270,000) but was due to increased...

Strong tenant interest in large commercial development in Havelock North

Construction is underway on one of the largest commercial development in Havelock North in a decade with key tenants already confirmed for stage one, signalling strong confidence in the fast-growing CBD. Murrayfield Properties Limited, owned by Jonathan and Cristina McHardy’s family trust, has a vision to create a modern vibrant retail, commercial and hospitality precinct. A representative for the McHardys,...

PickMee! in Full Blossom

PickMee! summerfruit trees are in full blossom, with almost perfect conditions producing good strong flowering for pollination, to grow crops of nectarines, plums and peaches in time for Christmas. “Blossom is right on time, with plenty of flowers for the bees to do their work,” says John Altham, whose family business is a major New Zealand producer under the PickMee!...

A great result – BSA upholds complaint

Today the Broadcasting Standards Authority has upheld complaints by Damon Harvey and Anna Lorck against Mediaworks regarding two news items by Newshub in January this year. These items were in relation to the delayed rocket launch from the Māhia Peninsula. The Harvey Lorcks said: “We are pleased that an independent tribunal has agreed with our concerns regarding Newshub’s unfair and...

Pro Q & A with Mark Warren

Mark Warren, a farmer from Central Hawke’s Bay, has become a top-selling author on his first attempt. Mark has written about how he took over Waipari Station when the impacts of Rogernomics were about to be deeply felt. Not only did he survive but he’s thrived and has been entrepreneurial in his approach to working the land. He’s sold bottled...

How YES crosses the business boundaries

Today’s high school students face a world where technological change makes it much harder to plot out a career path. That’s one reason Woodford House has embraced the Young Enterprise Scheme. Woodford House is one of 15 schools across Hawke’s Bay participating in the Young Enterprise Scheme (YES) this year and has five teams competing in the challenge. Woodford’s head...

Teens building a business from behind bars – Young enterprise

As the Young Enterprise Scheme grows in popularity across Hawke’s Bay, a team with a difference has taken up the challenge of learning to run a business from inside the region’s prison. The walls of the training room inside the youth unit at Hawke’s Bay Regional Prison are plastered with colourful sketches and handwritten rap lyrics. Notes and business strategies...