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Waikato Business News August/September 2020

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

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10 WAIKATO BUSINESS NEWS <strong>August</strong>/<strong>September</strong> <strong>2020</strong><br />

‘ <strong>Business</strong> takes<br />

the hit for our team<br />

of five million’<br />

I write this just after the announcement by Prime Minister<br />

Jacinda Ardern today that Auckland’s level 3 restrictions<br />

would remain at least until 11.59pm on Sunday, <strong>August</strong><br />

30, before being phased into level alert level 2 with the<br />

rest of the country from Monday, <strong>August</strong> 31.<br />

What galls business most is<br />

that New Zealand has had six<br />

months to get our act together<br />

on border control, tracking, tracing and<br />

testing. We have been told that we have<br />

learnt a lot about how to stamp out outbreaks<br />

and that lockdowns will not always<br />

be necessary but still Auckland is<br />

shut.<br />

There is a credibility gap appearing<br />

between what we are being told and what<br />

is being delivered.<br />

You have to feel for the hospitality<br />

industry. The majority of their industry<br />

is made up of small owner-operator businesses<br />

that simply cannot sustain these<br />

ongoing closures and restrictions. With<br />

the industry already facing restrictions<br />

to trading and reduced overseas visitor<br />

numbers, they are currently looking at<br />

between a further 10 to 12 per cent of all<br />

hospitality businesses closing their doors<br />

as a result. The enforced closure for another<br />

full weekend, which are key trading<br />

days for hospitality, is another blow.<br />

The industry is estimating this will<br />

translate into a loss of over 10,000 jobs if<br />

the restrictions continue. A simple form<br />

of assistance for the industry would be<br />

to copy the UK subsidy to get people out<br />

and dining for a month.<br />

In the UK, diners are entitled to a 50<br />

percent discount on food and non-alcoholic<br />

drinks to eat or drink in, up<br />

to a maximum of 10 pounds discount<br />

per head every Monday, Tuesday and<br />

Wednesday between Aug 3 and Aug 31.<br />

The offer is open to diners in participating<br />

restaurants, cafés, bars, pubs, work<br />

and school canteens and food halls. More<br />

than 72,000 restaurants have registered.<br />

We agree with Auckland <strong>Business</strong><br />

Chamber chief executive Michael Barnett<br />

saying business was “carrying the<br />

burden for the team of five million”<br />

and that “each business must do whatever<br />

it takes to survive”.<br />

While businesspeople understand<br />

the trade-offs required to protect public<br />

health before the economy, it is business<br />

that is taking the brunt of the current<br />

elimination strategy.<br />

By Don Good, <strong>Waikato</strong> Chamber<br />

of Commerce executive director<br />

The failure by the Government and<br />

its bureaucracy to control our border in<br />

order to keep the virus out has a direct<br />

consequence in the ability of business to<br />

keep people in jobs.<br />

All banks are being more prudent<br />

with their lending. They are taking longer<br />

to approve loans, critically reviewing<br />

your budgeted revenue estimates, going<br />

through line by line of your expenses and<br />

taking a good look at your spending conduct.<br />

Again, it is understandable, but cash<br />

is the lifeblood of business and again we<br />

can see a cashflow gap appearing.<br />

You must do whatever it takes to get<br />

through this. Review your revenue, cut<br />

costs, check your supply chains, and<br />

make contact with all your customers<br />

again. Make sure you keep talking to all<br />

your staff. You may not have all the answers,<br />

but they will appreciate your honesty<br />

and may have a few good suggestions<br />

on changes that help your business<br />

survive.<br />

There will be a personal toll on people’s<br />

wellbeing and mental resilience,<br />

not just jobs and business continuity, so<br />

seek out good advice from your lawyer,<br />

accountant, or other trusted mentors and<br />

above all look after your own health.<br />

<strong>Business</strong> Floor, Wintec House Cnr Nisbet and Anglesea Street, HAMILTON<br />

07 839 5895 | help@waikatochamber.co.nz<br />

www.waikatochamber.co.nz<br />

$14m integrated<br />

trades training<br />

centre for South<br />

<strong>Waikato</strong><br />

Tokoroa will have a brand new $14 million trades training centre<br />

by 2022 catering for up to 500 students a year thanks to a<br />

Government grant of $10.84 million announced in <strong>August</strong>.<br />

The new trades training<br />

centre is being<br />

co-funded with $1 million<br />

grants from each of Toi<br />

Ohomai Institute of Technology,<br />

Trust <strong>Waikato</strong> and the<br />

South <strong>Waikato</strong> Investment<br />

Fund Trust (SWIFT).<br />

Security manufacturer<br />

Gallagher will develop a<br />

new European headquarters<br />

in Warwick, England.<br />

The 1,500 square metre<br />

office, with on site café, will<br />

allow Gallagher to host prospective<br />

clients, hold events,<br />

and support Channel Partners<br />

and customers with<br />

meeting, conference, and<br />

training facilities.<br />

The development also<br />

includes a 670 sq m warehouse,<br />

with land available for<br />

future expansions.<br />

“We’re very excited to<br />

announce this new facility for<br />

our UK and Europe operations,”<br />

says Richard Huison,<br />

regional manager for the UK<br />

and Europe.<br />

“We’ve experienced rapid<br />

growth over recent years and<br />

have fast outgrown our current<br />

Nuneaton premises. This new<br />

facility will enable us to showcase<br />

our exceptional security<br />

solutions while providing outstanding<br />

support for our Channel<br />

Partners and customers.”<br />

Gallagher has invested in<br />

the development of solutions<br />

that comply with UK access<br />

control, perimeter intrusion<br />

detection, cybersecurity, and<br />

high security standards. Their<br />

UK-certified high security<br />

solutions build on Gallagher’s<br />

government-approved solutions<br />

for the U.S., Australian,<br />

and New Zealand markets.<br />

Mark Junge, global general<br />

SWIFT has facilitated and<br />

driven the project, including<br />

buying the one-hectare site<br />

for the centre on Chambers St<br />

near the northern entrance to<br />

Tokoroa, doing the preliminary<br />

design, engineering and<br />

costings for the project and<br />

New European<br />

HQ for Gallagher<br />

manager for security, says Gallagher<br />

aims to be the security<br />

solution of choice for countries<br />

in the Five Eyes alliance. “With<br />

discussions already underway<br />

with several UK government<br />

agencies, this new facility provides<br />

the ideal base to support<br />

our extensive growth plans<br />

for the region.”<br />

Gallagher’s European headquarters<br />

will be located in<br />

Tournament Fields business<br />

park. Development is set to<br />

begin in <strong>September</strong>, with the<br />

team aiming to occupy the<br />

building in mid-2021.<br />

Gallagher has also been recognised<br />

for innovation following<br />

its Covid-19 response. Its<br />

Proximity and Contact Tracing<br />

Report won the Outstanding<br />

New Product award at the New<br />

Zealand Security Awards in<br />

<strong>August</strong>. Developed in response<br />

to the Covid-19 pandemic, the<br />

Mark Junge<br />

applying for the Government<br />

funding.<br />

The new trades training<br />

centre will bring together three<br />

separate existing Toi Ohomai<br />

training sites in Tokoroa into<br />

one purpose-built campus<br />

catering for the key local secreport<br />

gives Gallagher customers<br />

critical information<br />

to manage exposure and protect<br />

the health and safety of<br />

people on site.<br />

Gallagher has made its<br />

Proximity and Contact Tracing<br />

utility available to customers<br />

free of charge during<br />

the pandemic.<br />

“I’m very proud of our<br />

team who worked hard to produce<br />

this tool in an incredibly<br />

tight timeframe, while working<br />

in virtual environments,”<br />

said Rachel Kelly, chief product<br />

officer for Gallagher’s<br />

security division.<br />

The Proximity and Contact<br />

Tracing Report, released in<br />

May, enables organisations to<br />

quickly identify areas where a<br />

person with a contagious virus<br />

has been on site. It also identifies<br />

all other cardholders who<br />

shared these areas.

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