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Conducting the moving parts of property development – Business Profile

Like a musical conductor, experienced property development managers Logan Taylor and Marcus Hill make many moving parts be in harmony to ensure development opportunities are maximised. Logan and Marcus have teamed up to launch Orchestra Property specialising in development management, project management and commercial property management. “We are managing on behalf of developers a significant investment that in some cases...

2024 will be at tricky year to navigate

Let’s hope that this year does not mirror the tumultuous start of 2023, marked by cyclones and market uncertainty as market conditions have a direct bearing on the property’s market value. Economic predictions and their outcomes, and impacts, specifically on the property market, remain an exercise in crystal ball gazing. However, Williams’ Harvey accumulates a library of research from numerous...

Unison invites community contributions to mark centenary

Unison is proud to celebrate 100 years of powering Hawke’s Bay on 19 June 2024 and is inviting contributions from the community to collectively tell the story of Unison’s journey in the region. From its establishment as the Hawke’s Bay Electric Power Board on 19 June 1924, Unison has been an integral part of the local economy and Hawke’s Bay....

What the ‘everything rally’ did to markets in 2023

The investment market in 2023 was strong – unlike the year prior – largely thanks to an impactful December quarter. It’s a great example of the need for patience and a reminder of the importance of a long-term view when investing. The positive returns were driven by what we’re calling the “everything rally” – a perfect storm of equities rallying...

More funding needed for road to recovery in Hawke’s Bay

Hawke’s Bay leaders are calling for more government funding to rebuild the region’s extensively damaged roads and bridges. As the powerhouse of its local economy, the region’s primary sector and associated supporting services rely heavily on a reliable and resilient roading network. Whilst Councils are grateful for the Government support received to date and as a result have made good...

The Parkerian Hexad: Elevating Information Security Beyond the CIA Triad

While you may or may not be aware of the CIA Triad, it is a well-known set of fundamental principles of information security – Confidentiality, Integrity, and Availability. It clearly defines the relationship between information and security. Confidentiality: Often considered the most fundamental principle of the CIA Triad, this involves protecting information from unauthorised access. It ensures that sensitive data...

Is the Fast-track consenting process faster?

Author - Clare Price BRP (HONS) MNZPI Senior Planner Stradegy New Zealand’s Infrastructure Commission, Te Waihanga, raised concerns in July 2021 regarding the significant escalation of resource consenting costs for infrastructure projects. Their research revealed a 70% increase in direct consenting costs and a 150% extension in consent timeframes between 2014 and 2019. Notably, for smaller projects under $200,000, consenting...

12 months on from Gabrielle – the impact on claims and insurance premiums

It is hard to believe that a year has already passed since Cyclone Gabrielle devastated our region. What has happened a year on regarding insurance claims, and how will it affect your premiums moving forward? As at 13 December 2023, insurers had settled 99,798 of 115,353 claims (about 87%) from the Cyclone Gabrielle and Auckland Anniversary events, according to the...

Acquisition of Bostock Brothers Limited in New Zealand

Inghams Group Limited (ASX: ING) (Inghams, Company) today announces its intention to acquire 100% of the Bostock Brothers organic chicken business in New Zealand for NZ$35.3 million (approximately A$33.0 million). Key points Acquisition of New Zealand’s only organic poultry producer with premium market position is strongly aligned with Inghams strategy Acquiring 100% of the shares in Bostock Brothers Limited (BBL),...

Flood protection work in Hawke’s Bay a step closer

Cabinet has agreed to engage on a proposal for a temporary change to legislation under the Severe Weather Emergency Recovery Legislation Act 2023 (SWERLA), which would speed up the delivery of flood protection work across Hawke’s Bay. On the back of Cyclone Gabrielle, Hawke’s Bay Regional Council has earmarked seven areas where new flood infrastructure would see category 2A and...