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NOVEMBER <strong>2023</strong><br />

The voice of <strong>Waikato</strong><br />

A tick for tourism<br />

Getting visitors to the<br />

<strong>Waikato</strong> to stay longer<br />

and explore deeper is<br />

paying dividends already,<br />

senior writer Mary Anne<br />

Gill discovers.<br />

<strong>Waikato</strong> tourism has bounced<br />

back bigger and better -<br />

outperforming most of the<br />

country post Covid with the region’s<br />

13.2 million visitors spending $857<br />

million on card transactions.<br />

Tourist operators are treating<br />

visitors to quality and not just quantity<br />

and it is paying off, says Hamilton and<br />

<strong>Waikato</strong> tourism chief executive Nicola<br />

Greenwell in her wrap of the year<br />

ended June 30.<br />

That “stay longer and explore<br />

deeper” approach has resulted in<br />

an annual domestic visitor spend of<br />

$751.6 million – up nearly 20 per cent<br />

on the previous year, the fourth best in<br />

New Zealand and $110 million more<br />

than the 12 months ended June 30,<br />

2019.<br />

<strong>Waikato</strong> people visiting <strong>Waikato</strong><br />

were the top spenders followed by<br />

Aucklanders and Bay of Plenty.<br />

And the international visitors –<br />

Australians, Americans and the British<br />

were the top three - came back to spend<br />

their money leaving $105.5 million in<br />

the regional coffers; up 224 per cent on<br />

the previous year and $11 million more<br />

than 2019.<br />

Sporting, travel and cultural events<br />

are back at places including Lake<br />

Karāpiro, Mystery Creek, Hamilton<br />

Gardens, <strong>Waikato</strong> Stadium and<br />

Claudelands while business events also<br />

returned in a big way with <strong>Waikato</strong><br />

holding 799 and accounting for 10 per<br />

cent of all the business events in New<br />

Zealand.<br />

Only Wellington and Auckland are<br />

ahead of <strong>Waikato</strong> with the region<br />

hosting 108,500 delegates.<br />

Hamilton and <strong>Waikato</strong> Tourism’s<br />

role is to generate competitive<br />

economic benefit through visitor sector<br />

strategies focused on increasing visitor<br />

length of stay and spend.<br />

Its funds come from the region’s<br />

tourism industry and six local<br />

authorities – Hamilton, Matamata-<br />

Piako, Ōtorohanga, <strong>Waikato</strong>, Waipā<br />

and Waitomo.<br />

Greenwell says June 30 seems a<br />

distant memory as the first four months<br />

of this financial year were already busy<br />

with events like the Women’s World<br />

Football Cup bringing even more<br />

people to the region.<br />

Recent promotional trips by staff to<br />

South East Asia, America, United and<br />

Kingdom were looking very strong for<br />

the <strong>Waikato</strong> market.<br />

“We’re feeling quite buoyant.”<br />

The organisation’s approach has<br />

been to promote <strong>Waikato</strong> as a place to<br />

“stop, stay and dwell” and by “selling<br />

the dream” it puts <strong>Waikato</strong> into<br />

people’s minds.<br />

At Hobbiton before Covid and at the<br />

height of the season, a tour bus would<br />

run through the movie set every five<br />

minutes. Now it is 10 minutes, she<br />

said.<br />

At Waitomo Caves where there were<br />

24 people on the boat before, now<br />

there are 20.<br />

Operators are providing tourists with<br />

a better experience, better engagement<br />

while they are there and a lighter<br />

footprint in the community.<br />

<strong>Waikato</strong>’s $1 million share of the<br />

government’s $26 million Covid<br />

recovery funds was put to good use.<br />

Only $9 million is left unspent, said<br />

Greenwell.<br />

“We have maximised the use of these<br />

funds with many projects, campaigns<br />

and activities for our operators. We’ve<br />

developed tools and content for the<br />

ongoing benefit of the region and the<br />

mahi that we undertake.”<br />

The tourism organisation topped<br />

up its image library used to promote<br />

<strong>Waikato</strong> overseas.<br />

It also ran sentiment surveys among<br />

residents on what they thought were<br />

the ups and downs of increasing tourist<br />

numbers.<br />

<strong>Waikato</strong>’s tourism approval rating of<br />

51 towards international visitors was<br />

streaks ahead New Zealand’s 44 and<br />

the 67 rating for domestic visitors was<br />

ahead of the country’s 63 rating.<br />

Residents liked the benefits tourism<br />

brought such as local businesses<br />

opening longer, employment, a greater<br />

appreciation of buildings and sites and<br />

an enhanced profile.<br />

Challenges came with more litter,<br />

parking and traffic congestion and<br />

damage to the natural environment.<br />

“We look back on the year with pride<br />

in our region and (our) industry’s<br />

resilience to rebound from global<br />

pandemic and cyclone damage to now<br />

be performing very strongly,” said<br />

Greenwell.<br />

• See Nicola Greenwell’s column on<br />

Page 18<br />

This young<br />

Te Awamutu<br />

man is playing<br />

his cards right<br />

– read about<br />

Young Enterprise<br />

Scheme winner<br />

Jacob Chetwin<br />

on Page 5.<br />

Online Seminar:<br />

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2 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

Editor<br />

Roy Pilott<br />

027 450 0115<br />

<strong>News</strong><br />

Mary Anne Gill<br />

021 705 213<br />

Viv Posselt<br />

027 233 7686<br />

Jeremy Smith<br />

022 317 9499<br />

CONTACTS<br />

editor@goodlocal.nz<br />

maryanne@goodlocal.nz<br />

viv@goodlocal.nz<br />

jeremy@goodlocal.nz<br />

Advertising Director<br />

Janine Davy janine@goodlocal.nz<br />

027 287 0005<br />

Owner<br />

David Mackenzie<br />

david@goodlocal.nz<br />

Office<br />

07 827 0005 admin@goodlocal.nz<br />

Website<br />

wbn.co.nz<br />

Readers’ contributions of articles and letters are<br />

welcome. Publication of contributions are entirely at<br />

the discretion of editorial staff and may be edited.<br />

Contributions will only be considered for publication<br />

when accompanied by the author’s full name,<br />

residential address, and telephone number. Opinions<br />

expressed are not necessarily those of the publishers.<br />

<strong>Waikato</strong> <strong>Business</strong> <strong>News</strong> is published by Good Local<br />

Media Limited.<br />

Also publishers of<br />

This newspaper is subject to NZ Media<br />

Council procedures. A complaint must first<br />

be directed in writing, within one month of<br />

publication, to the editor’s email address.<br />

If not satisfied with the response, the<br />

complaint may be referred to the Media<br />

Council P O Box 10-879, The Terrace,<br />

Wellington 6143. Or use the online complaint<br />

form at www.mediacouncil.org.nz<br />

Please include copies of the article and all<br />

correspondence with the publication.<br />

EDITORIAL<br />

Getting the<br />

<strong>News</strong> to you<br />

When Good Local Media owner David<br />

Mackenzie announced the purchase of<br />

the respected <strong>Waikato</strong> <strong>Business</strong> <strong>News</strong><br />

masthead a month ago, a simple message<br />

about its editorial content was made<br />

clear.<br />

“Our news stories are pro-business –<br />

but not written to promote business,”<br />

he said.<br />

It is a policy I subscribe to. Many if not<br />

most of our stories will be good news for<br />

business, but that will not be the starting<br />

point for what we write.<br />

Good Local Media believes in<br />

maintaining a healthy wall between<br />

editorial and advertising and has<br />

consistently done so in its two community<br />

publications, the Cambridge <strong>News</strong> and<br />

Te Awamutu <strong>News</strong>.<br />

The two departments do liaise, it would<br />

be folly not to – but the demarcation line<br />

between what is a story and what is an<br />

advert is healthy.<br />

In short, we don’t write complimentary<br />

stories about businesses as a reward<br />

for their decision to spend money on<br />

advertising, and we don’t limit our stories<br />

to businesses who take out adverts.<br />

It is a policy which ensures the content<br />

presented to you, our readers, has passed<br />

the news test.<br />

This month’s first edition of the <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong> under Good Local Media’s<br />

banner contains a raft of stories we have<br />

generated – from the Cambridge Festival<br />

of Sport to a review of Ombudsman Peter<br />

Boshier’s report on council workshops.<br />

It also brings you other stories, like<br />

the report on <strong>Waikato</strong> University’s Hiko<br />

hub, which has benefitted from having<br />

editorial and photographic material<br />

provided by skilled and knowledgeable<br />

writers working in the communications<br />

field for <strong>Waikato</strong> companies.<br />

The Good Local team of writers is led by<br />

Mary Anne Gill – whose award winning<br />

work has featured in the <strong>Waikato</strong> for<br />

many years. Her stories feature in this<br />

edition, and you can expect to see many<br />

exclusive reports from her in future.<br />

Janine Davy leads the advertising team<br />

who will help you promote your business<br />

– and she is another award winning<br />

highly experienced<br />

member of our team.<br />

I look forward to<br />

helping the <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong> continue<br />

a proud history of being<br />

<strong>Waikato</strong>’s voice.<br />

Roy Pilott, editor<br />

New bishop appointed<br />

By Mary Anne Gill<br />

<strong>Waikato</strong>-born priest Richard Laurenson<br />

has been appointed by Pope Francis as<br />

the new Catholic bishop in the Hamilton<br />

Diocese.<br />

The appointment was announced in Rome<br />

last month. Laurenson replaces Stephen<br />

Lowe, who was appointed Auckland bishop<br />

two years ago.<br />

It means all six New Zealand dioceses now<br />

have a bishop.<br />

Laurenson says he is looking forward to<br />

his new role with a mix of fear and peace and<br />

is praying that he does not disappoint.<br />

He is the parish priest at All Saints by the<br />

Sea in Papamoa Coast and has served in<br />

other parishes around the diocese in Waihi,<br />

Taumarunui and Hamilton.<br />

Laurenson was born in Hamilton in 1968<br />

and was ordained by Bishop Denis Browne<br />

in 1995.<br />

He attended Holy Cross Seminary in<br />

Mosgiel, has a Baccalaureate in Theology<br />

from Otago University (1992) and studied<br />

for and obtained a Licentiate in Canon<br />

Law from Pontifical Urbaniana University in<br />

Rome from 2007 to 2010.<br />

As a military chaplain for a decade, he<br />

served for a time with peacekeeping forces<br />

in Bougainville and Timor Leste.<br />

Laurenson is the first priest since Bishop<br />

Max Takuira Mariu to have been in the<br />

diocese. Mariu, who was auxiliary bishop of<br />

Hamilton from 1988 to 2005 and the first<br />

Māori to be ordained a Catholic bishop, was<br />

born in Taumarunui and died in Auckland<br />

18 years ago.<br />

Laurenson says being a parish priest<br />

means always thinking parochially, with a<br />

nod to diocesan impacts.<br />

“This change in my situation will take<br />

some getting used to, so I beg the indulgence<br />

of my brother priests and the good people of<br />

God in the diocese as we all get to grips with<br />

my new situation.”<br />

Briefs…<br />

Board members<br />

Janey Haringa and Mark Donovan have<br />

joined the <strong>Waikato</strong> Chamber of Commerce<br />

board. They were elected along with<br />

returning member Andrew Boyd at the<br />

chamber’s annual meeting where Tracy<br />

Clark’s nine year service was acknowledged.<br />

New chief<br />

Simon Wickham will succeed Kelvin<br />

Eglinton as Momentum <strong>Waikato</strong> chief<br />

executive in January. Wickham is presently<br />

chief executive at Harkness Henry in<br />

Hamilton. In making the announcement<br />

chair Neil Richardson said the organisation<br />

had evolved under Kelvyn Eglinton’s<br />

stewardship “and we’re delighted to have<br />

someone of Simon’s calibre come onboard<br />

for Momentum’s next phase”.<br />

Bishop-elect Richard Laurenson.<br />

The Hamilton Diocese is a huge one and a<br />

multi million dollar business.<br />

It starts in Huntly at St Anthony’s, down<br />

to Hamilton and across to the Coromandel<br />

and Bay of Plenty, down the eastern coast<br />

to Gisborne, east to Taupō, Tūrangi and<br />

Taumarunui and then up the west coast to<br />

Hamilton with everything in between.<br />

Formed in 1980, the diocese has five<br />

secondary schools, two of them in Hamilton,<br />

28 primary schools and two early childhood<br />

education centres.<br />

Its cathedral is the Blessed Virgin Mary in<br />

Hamilton East where Laurenson is expected<br />

to be ordained on Friday December 8 –<br />

Feast of the Immaculate Conception.<br />

Rail boost<br />

A third daily return run for the Hamilton to<br />

Auckland rail service Te Huia will run on<br />

Thursdays and Fridays, and a second return<br />

service on Saturdays. The additional runs,<br />

announced by <strong>Waikato</strong> Regional Council<br />

and KiwiRail will start on February 8.<br />

Wananga planned<br />

Māori social impact organisation Tapuwae<br />

Roa will stage four wananga – including one<br />

in Hamilton on <strong>November</strong> 18 - as part of<br />

a push to grow the number of Māori startups.<br />

<strong>Business</strong> mentor Saara Tawha said it<br />

was hoped the interactive one-day wānanga<br />

would “ignite the entrepreneurial spirit of<br />

participants while providing key tools and<br />

skills to progress their business ideas into<br />

reality”.<br />

Tim van de Molen<br />

Your MP for <strong>Waikato</strong><br />

Backing <strong>Waikato</strong> <strong>Business</strong>es<br />

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NOVEMBER <strong>2023</strong><br />

Briefs…<br />

Top trainers<br />

Fleetcoach was crowned<br />

best fleet safety product<br />

at the <strong>2023</strong> Australasian<br />

Fleet Champions Awards<br />

for their online driver<br />

training platform. The<br />

annual awards celebrate<br />

the achievements of fleet<br />

organisations working to<br />

reduce road deaths and<br />

injuries and improve fleet<br />

sustainability. Fleetcoach<br />

was based in Hamilton until<br />

early <strong>2023</strong> when it moved to<br />

Christchurch.<br />

Voting starts<br />

Voting has opened for Mitre<br />

10’s Project Playground<br />

initiative, which so far<br />

has seen seven schools<br />

around the country receive<br />

new areas for children to<br />

play. Fairfield Primary,<br />

Ngāruawāhia Primary,<br />

Whatawhata School and<br />

Rhode Street School are<br />

among schools in a public<br />

voting round. One will get<br />

a new $90,000 playground.<br />

Sister act<br />

Hamilton Mayor Paula<br />

Southgate has hosted<br />

sister city Chengdu<br />

Mayor, Wang Fengchao<br />

for economic, education<br />

and tourism opportunity<br />

discussions. The round<br />

table talks included <strong>Waikato</strong><br />

University and Wintec,<br />

Fonterra, <strong>Waikato</strong> Tourism,<br />

the <strong>Waikato</strong> Chamber of<br />

Commerce, Hamilton and<br />

<strong>Waikato</strong> Tourism, Project X,<br />

the <strong>Waikato</strong> Weekly Chinese<br />

<strong>News</strong>paper and the New<br />

Zealand China Friendship<br />

Society.<br />

Hiring in Taupo<br />

Hire company Kennards<br />

Hire has acquired Taupo<br />

Hire. The company, which<br />

has an outlet in Hamilton,<br />

has now extended its New<br />

Zealand footprint to 29<br />

outlets.<br />

New offices<br />

Financial advisors Total Life<br />

have opened a new Victoria<br />

St office in Cambridge. The<br />

company’s head office is in<br />

Invercargill.<br />

WAIKATO BUSINESS NEWS 3<br />

Festival fit for a king<br />

A new festival launched to fund a mental health charity could become an annual<br />

fixture. Roy Pilott reports.<br />

Alwyn Poole was so<br />

impressed by Mike King he<br />

undertook to raise $10,000<br />

a year for his I am Hope<br />

mental health crusade.<br />

Poole, an experienced<br />

educationalist with a<br />

sporting background is<br />

making good on that pledge<br />

with his Cambridge Festival<br />

of Sport which will run at<br />

the end of the month.<br />

He has a vision of the<br />

<strong>November</strong> 23-26 festival<br />

becoming an annual event<br />

– yet despite a star studded<br />

start, he readily admits<br />

Alwyn Poole<br />

Looking at art in the city<br />

Ethan Bennett follows Graeme Cairns as he leads a tour as part<br />

of the Boon Street Art Festival in Hamilton.<br />

In the youngest city in<br />

New Zealand, creativity is<br />

thriving and can be seen<br />

from all angles, though<br />

sometimes it is hidden away<br />

from plain sight.<br />

Offering a captivating<br />

glimpse into this is the<br />

Boon Street Art Walking<br />

Tour, open on Saturdays. It<br />

provides the opportunity to<br />

discover Hamilton’s striking<br />

art murals.<br />

Tour guide Graeme Cairns<br />

provides an entertaining<br />

and informative experience<br />

while you roam the city.<br />

He started the tour I<br />

he doesn’t expect the first<br />

one will get him over the<br />

$10,000 mark.<br />

But for King’s Gumboot<br />

Friday “I’ll find the money<br />

one way or another”.<br />

The festival combines<br />

two major events – a<br />

Gumboot Friday concert at<br />

Claudelands and a dinner at<br />

Tieke Golf Estate featuring<br />

Rod Dixon – and marking<br />

the 40th anniversary of his<br />

Yew York City marathon win<br />

– with sporting events where<br />

the greater the participation,<br />

the more benefit it will be<br />

for host clubs.<br />

Poole has lined up Mahe<br />

Drysdale and Juliette Haigh<br />

as spokespeople for the<br />

event.<br />

Cambridge High School<br />

band Pineja will open at<br />

Claudelands for Jason<br />

Kerrison and The Feelers.<br />

The festival of sport<br />

programme includes events<br />

aimed at children, adults,<br />

families and schools.<br />

Swimming, athletics,<br />

golf, rowing, goalkicking,<br />

basketball, cycling, crossfit,<br />

fishing and football events<br />

will be held in and around<br />

Cambridge.<br />

Poole doesn’t hide his<br />

was on by mentioning his<br />

personal experience as an<br />

artist, though his only mural<br />

was done back in the 80s.<br />

This lined up with the first<br />

instance of street art in<br />

Hamilton, the 1980s Artline<br />

scheme.<br />

He also chatted briefly<br />

about the history of<br />

Hamilton’s city centre.<br />

With a liaison between the<br />

Boon Festival, the owners of<br />

buildings and the council, the<br />

opportunity for artists has<br />

brought to life some of the<br />

side streets and prominent<br />

buildings of the city.<br />

admiration for King.<br />

From bawdy – and<br />

successful – comedian,<br />

King has transformed into<br />

a passionate campaigner for<br />

greater awareness of mental<br />

health since launching his<br />

community korero show a<br />

decade ago.<br />

Poole describes King’s<br />

passion for mental health as<br />

almost a conversion.<br />

He was considering<br />

getting King to speak in<br />

schools eight years ago, so<br />

went and watched him at<br />

Tamaki College to be certain<br />

he would be the right fit.<br />

“Phenomenal – he had the<br />

kids laughing, engaged – he<br />

also spoke exceedingly well,<br />

too, to kids who were not<br />

struggling to tell them about<br />

their role to keep an eye out<br />

for others.”<br />

King subsequently spoke<br />

to middle schools for Poole.<br />

“He blew us away – we<br />

thought we knew our kids.<br />

He finished speaking and<br />

invited anyone who wanted<br />

to come up and chat. We<br />

left him with eight students<br />

and what they told him was<br />

extraordinary and resulted<br />

in actions we could take to<br />

ensure they were looked<br />

Cairns said specific<br />

guidelines are in place that<br />

ensure the art is deemed<br />

appropriate for all ages,<br />

something some of the<br />

artists had to look out for.<br />

From northwestern art<br />

styles, such as a bear and<br />

a wolf that are prominent<br />

in native American art and<br />

culture by Mica Still, all the<br />

way to traditional Chinese<br />

imagery on the side of a<br />

Chinese shop by <strong>Waikato</strong><br />

artists who ate there while<br />

studying at Wintec, the<br />

range of style is massive.<br />

For an engaging look<br />

after.”<br />

King was made an Officer<br />

of the New Zealand Order<br />

of Merit in 2019. Two<br />

years later, through tears,<br />

he handed the medal back,<br />

imploring people to do<br />

something.<br />

He spoke of a profound<br />

sense of sadness that “no<br />

one’s listening”.<br />

King’s Gumboot Friday is<br />

a free counselling service for<br />

people 25 and under and<br />

delivers more than 3400<br />

sessions a month.<br />

On his website he laments<br />

that more than 100 families<br />

will lose a loved one this<br />

year, and thousands more<br />

Graeme Cairns chats about the Wintec students who used to<br />

eat at Canton Hong Kong Restaurant and the mural they painted<br />

years later<br />

into Hamilton’s street art,<br />

as well as a way to simply<br />

local businesses and artists,<br />

the Boon Street Art Walking<br />

Mike King<br />

will be destroyed “trying to<br />

navigate a broken system”.<br />

“Sadly, this crucial lifeline<br />

is not funded by central<br />

government and or will it<br />

ever be,” he says.<br />

Rowing champion Mahe Drysdale, in his heyday, is now a<br />

spokesperson for the event. Photo: Supplied.<br />

Tour is definitely something<br />

to dive into.<br />

• Ethan Bennett is a Wintec<br />

journalism student.<br />

Procuta Associates<br />

Urban + Architecture<br />

07 839 6521<br />

www.pauaarchitects.co.nz<br />

“ Architecture takes you to a place you are unlikely to<br />

arrive at on your own. It is the ultimate opportunity<br />

to make your home or work environment personal<br />

and purposeful.


4 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

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NOVEMBER <strong>2023</strong><br />

A<br />

12-year-old from Te Awamutu<br />

who invented an educational card<br />

game has picked up the Te Pūkenga<br />

Company of the Year at the <strong>Waikato</strong><br />

regional Young Enterprise Awards.<br />

Jacob Chetwin attends Te Awamutu<br />

College.<br />

The year-12 students’ game is designed to<br />

teach year 7 and 8 students about business<br />

concepts and financial literacy.<br />

The strategic game consists of 75-card<br />

deck and has been played by over 700<br />

students across the <strong>Waikato</strong>.<br />

Jacob plans to continue developing and<br />

WAIKATO BUSINESS NEWS 5<br />

Jacob plays his cards right<br />

Martin Brock presented Jacob Chetwin, with his certificate.<br />

expanding his business, called Liquidation,<br />

into 2024.<br />

He will compete at the Lion Foundation<br />

sponsored Young Enterprise National<br />

Awards in Wellington on December 4.<br />

More than 250 Year 12 and 13 students<br />

participated in Young Enterprise Scheme<br />

in <strong>2023</strong>, setting up and operating their<br />

own businesses, creating, promoting, and<br />

selling a product or service, conducting<br />

market research, planning, budgeting,<br />

managing risk and turning problems into<br />

opportunities.<br />

The annual event aims to provide young<br />

people with opportunities to develop an<br />

entrepreneurial mindset.<br />

Results from the regional<br />

awards night:<br />

Foster Construction’s Runner Up<br />

– Reusaballs, Sacred Heart Girls<br />

College (Hamilton), <strong>Waikato</strong> Chamber<br />

of Commerce’s Excellence in Financial<br />

Management Award – UniquelyMe, Sacred<br />

Heart Girls College (Hamilton), EMA’s<br />

Excellence in Production Award – Down<br />

to Earth, Hamilton Boys High School,<br />

<strong>Waikato</strong> Pacific <strong>Business</strong> Network’s Pasifika<br />

Enterprise Award – Doughnas, Sacred<br />

Heart Girls’ College (Hamilton), <strong>Waikato</strong><br />

<strong>Business</strong> <strong>News</strong>’ Excellence in Promotion<br />

and Marketing Award – Cheeky Chocolates,<br />

Fraser High School, CAL Isuzu’s Excellence<br />

in Innovation Award – Tyred Dogz, Hauraki<br />

Plains College, The University of <strong>Waikato</strong>’s<br />

Excellence in Leadership Award – Anna<br />

Hart, Hauraki Plains College, Excellence<br />

in Sales - Bubble No Trouble, <strong>Waikato</strong><br />

Diocesan School for Girls, Best Trade Fair<br />

Presence – Reusaballs, Sacred Heart Girls<br />

College (Hamilton), E x c e l l e n c e<br />

in Sustainability Award – Sprowt, St<br />

Peters Cambridge, Best Annual Review –<br />

Play Kāri, <strong>Waikato</strong> Diocesan School for<br />

Girls, Commitment to <strong>Business</strong> Award –<br />

Liquidation, Te Awamutu College.<br />

Grayson Clements associate thrives<br />

on simplifying the complex for clients<br />

Banking<br />

by degrees<br />

<strong>Waikato</strong> University has introduced the<br />

country’s first Bachelor of Banking, Finance &<br />

Technology.<br />

<strong>Waikato</strong> Management School pro vice<br />

chancellor Matt Bolger said employers say they<br />

will increasingly need people who can thrive in<br />

both finance and technology:<br />

“The world of finance runs on digital<br />

technology. From investment platforms<br />

and digital currencies to the way we make<br />

payments, nothing happens without digital.<br />

Yet no undergraduate degree in New Zealand<br />

currently recognises the need for these dual<br />

competencies.”<br />

“The BBFinTech will fill this critical skills<br />

gap. Graduates will help businesses continue<br />

to innovate and evolve - whether they are a<br />

local Kiwi champion or a Silicon Valley startup.”<br />

A 2022 Fintech Insights report found that<br />

200 New Zealand tech companies generated<br />

an export revenue of $1.8 billion that year.<br />

The Reserve Bank of New Zealand’s<br />

investigation into digital currencies also signals<br />

an even more cashless future, according to<br />

Bolger.<br />

Shane Marsh, founder of fintech innovator<br />

Dosh and University of <strong>Waikato</strong> alumni, said<br />

they will require more skilled people<br />

He says this sector has a range of opportunities<br />

and that regulation will be especially critical.<br />

“There is a real need for people with fintech<br />

skills who can help shape the future of financial<br />

services. We need people who understand how<br />

open banking, digital currencies and emerging<br />

technology will define the future solutions we<br />

want in New Zealand and overseas.”<br />

The BBFinTech degree will arm students<br />

with expertise in financial markets,<br />

investment platforms, digital finance, banking<br />

operations, automated trading, blockchains,<br />

cryptocurrencies, cyber security, and more.<br />

ADVERTORIAL<br />

Grayson Clements’ Associate Lawyer, Philip McHugh, thrives<br />

on complexity and the challenge of navigating uncertainties.<br />

What sets<br />

him apart,<br />

however, is<br />

his ability<br />

to put the individual, his<br />

client, at the center of<br />

the issue and develop<br />

bespoke legal solutions<br />

to protect them, their<br />

interests, and their<br />

families.<br />

Philip was recently<br />

promoted from lawyer<br />

to associate at Grayson<br />

Clements, a law firm<br />

based at Hamilton’s<br />

Innovation Park. The firm<br />

was established in 2008<br />

by directors Michael<br />

Grayson and Andrew<br />

Clements with the desire<br />

to grow a firm that was<br />

“a little bit different” in<br />

its value-driven, clientcentric<br />

approach. It<br />

now employs 26 legal<br />

professionals across a<br />

wide range of areas.<br />

Philip’s love of<br />

learning is clear, and<br />

it’s an approach that<br />

he carries into his<br />

interactions with clients.<br />

He has a Bachelor<br />

of Arts, majoring in<br />

philosophy and political<br />

science, another<br />

Bachelor of Arts,<br />

majoring in history<br />

and religious studies<br />

and a Bachelor of<br />

Arts with Honours in<br />

Religious Studies from<br />

Victoria University in<br />

Wellington. After forging<br />

a successful career<br />

in retail, including a<br />

stint in the complaints<br />

department for a small<br />

ship cruise line in<br />

London, Philip went back<br />

to university to study law<br />

in 2015, graduating with<br />

a Bachelor of Laws with<br />

Honours in 2018.<br />

He has been<br />

practicing as a solicitor<br />

since then, reaching<br />

associate level after<br />

only four years of his<br />

admission to the bar.<br />

He is also passionate<br />

about developments in<br />

emerging technologies,<br />

including blockchain,<br />

encryption, and AI and<br />

the developing legal<br />

framework to regulate it.<br />

At his best in complex<br />

situations, Philip is<br />

When I’m working<br />

with a client, I start<br />

by getting to know<br />

them, what drives<br />

them, what their<br />

internal motivators<br />

are. By knowing<br />

this, and building a<br />

great relationship,<br />

we can come to a<br />

legal solution that<br />

best suits their<br />

needs and can<br />

grow as they grow.<br />

passionate about helping<br />

his clients achieve their<br />

goals with simple legal<br />

solutions.<br />

“Just because your<br />

life is complex, doesn’t<br />

mean your legal<br />

structure has to be,” he<br />

says.<br />

It’s no surprise then<br />

that Philip thrives on<br />

making his clients feel<br />

comfortable with their<br />

legal structures and<br />

explaining complex legal<br />

terms in plain language.<br />

His specialty is in helping<br />

individual and corporate<br />

clients structure their<br />

relationships with<br />

deeds, agreements and<br />

other documentation,<br />

and he has a particular<br />

interest in the interplay<br />

of legal persons<br />

(companies, trusts,<br />

Limited Partnerships,<br />

etc) to protect, preserve<br />

and commercialise his<br />

Philip McHugh<br />

clients’ potential.<br />

“As a lawyer, I love<br />

exploring the ‘what if’<br />

scenarios with clients,<br />

going down rabbit<br />

holes and getting<br />

to the heart of a<br />

situation and exploring<br />

the opportunities<br />

from there. It’s really<br />

satisfying when you’ve<br />

explored all the options<br />

available and come to a<br />

solution that is beneficial<br />

for the client, not just in<br />

protecting their assets,<br />

but also in knowing you<br />

have looked at every<br />

possibility and come to<br />

the best solution based<br />

Grayson Clements – Design, Deliver, Protect<br />

Grayson Clements was established in 2008 by lawyers Michael Grayson and<br />

Andrew Clements, who both had a desire to grow a firm that focused on designing<br />

solutions, delivering results and protecting people. Their work and reputation have<br />

gained traction and their client base has grown organically to a point where they<br />

now have a team of 26 staff across a range of practice areas.<br />

on their needs.<br />

“I’m particularly<br />

interested in the<br />

technology space as<br />

it relates to the law,<br />

especially as so much of<br />

it has not been legislated<br />

and there’s no right<br />

answer. There’s a huge<br />

amount of work to be<br />

done in that space and<br />

that can only come<br />

through us, as legal<br />

professionals, learning<br />

more and doing more<br />

work in the field to<br />

establish some best<br />

practices.”


6 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

Hiko will open for business<br />

<strong>Business</strong>es will have an opportunity from next year to work at<br />

<strong>Waikato</strong> University. So what is Hiko all about?<br />

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

has announced<br />

plans to establish<br />

a new hub for business<br />

opening next year.<br />

The Gateway building,<br />

a short walk from the<br />

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

School and The Pā, will<br />

become the Hiko hub which<br />

will provide opportunities<br />

for businesses, particularly<br />

those who want to work with<br />

students and researchers<br />

and take advantage of<br />

campus grounds and<br />

amenities.<br />

It follows similar<br />

initiatives such as the<br />

Newmarket Innovation<br />

Precinct in Auckland.<br />

Hiko means lightning in<br />

te reo Māori and reflects the<br />

fact the new venture is about<br />

the ignition of big ideas and<br />

the energy needed to grow<br />

them.<br />

The project is being<br />

overseen by chief operating<br />

officer Jim Mercer and<br />

Pro-Vice Chancellor at<br />

the <strong>Waikato</strong> Management<br />

School, Matt Bolger. Natalie<br />

Swart recently appointed as<br />

the Hiko Hub manager.<br />

The university says the<br />

new hub aspires to improve<br />

the connection between the<br />

business community and the<br />

University, acknowledging<br />

it can be a challenging<br />

landscape to navigate.<br />

“This is a concept that’s<br />

been brewing for several<br />

years, motivated by a desire<br />

to be more aligned to the<br />

needs of specific industry<br />

groups, as well as making<br />

smarter use of our space,”<br />

Jim Mercer said.<br />

“We’re confident Hiko hub<br />

meets a real need for small<br />

businesses in the region<br />

who want to offer their<br />

teams a vibrant and modern<br />

workplace and generally be<br />

part of something bigger.”<br />

Hiko will comprise a mix<br />

of open plan, private and<br />

semi-private offices.<br />

Operational costs and a<br />

raft of support services will<br />

be bundled into tenancy<br />

fees.<br />

The Hiko team say interest<br />

has been strong, particularly<br />

from the technology sector.<br />

The university had taken<br />

inspiration from co-working<br />

spaces around the country,<br />

along with feedback from<br />

business owners across the<br />

region. Swart said.<br />

“What we’ve been hearing<br />

is that many of them are<br />

reassessing what they need<br />

from a commercial office<br />

but creating a sense of<br />

community when people<br />

are in the office is more<br />

important than ever.”<br />

Scholars announced<br />

The <strong>Waikato</strong> Regional Council and <strong>Waikato</strong>-<br />

Tainui Te Arikinui Dame Te Atairangikaahu<br />

scholars for <strong>2023</strong> have been announced.<br />

The list includes 10 <strong>Waikato</strong> tauira studying<br />

a range of academic fields have won.<br />

The scholarships provide up to $4400<br />

to support Māori students pursuing fulltime<br />

undergraduate programmes at<br />

<strong>Waikato</strong> University, particularly in resource<br />

management or environmental fields.<br />

Applicants must be enrolled in full-time<br />

undergraduate study at <strong>Waikato</strong> University, be<br />

of Māori descent, and from a family that resides<br />

in the <strong>Waikato</strong> Regional Council boundary.<br />

The scholars are<br />

• Tina Hille-Taylor (Te Waenganuitanga), 19,<br />

who is studying a Bachelor of Management<br />

Studies with Honours and Bachelor of Laws<br />

and lives in Hamilton.<br />

• Jasmine (Ngahuia) Young (Te Rarawa), 20, is<br />

due to complete a Diploma in Te Tohu Paetahi<br />

and is enrolled for further undergraduate study.<br />

• Keana Hepi (Tainui), 19 is studying a Bachelor<br />

of Arts and Bachelor of Laws and lives in<br />

Hamilton.<br />

• Tui Barrett (Tainui/Kaitahu), 26, is from<br />

Hamilton is undertaking a Bachelor of Health<br />

Sport and Human Performance.<br />

• Tiffany Walker (Ngāti Tūwharetoa), 36,<br />

from Tūrangi is undertaking a Bachelor of<br />

Environmental Planning in Te Ara Taiao:<br />

Māori and the Environment.<br />

• Atawhai McDonnell (Tainui), 19, from<br />

Hamilton is undertaking a Bachelor of Arts.<br />

• Mekayla Peneha (Ngāpuhi, Ngāti Maniapoto,<br />

Te Rarawa, Ngāti Kahu), 30, from Ngāruawāhia<br />

has just commenced her third year of study<br />

of a Bachelor of Health in Poutū-manahau<br />

Population Health.<br />

• Kimihia Solomon-Banks (Tainui), 24, from<br />

Raglan is undertaking a Bachelor of <strong>Business</strong>.<br />

• Aaron Barnsdall (<strong>Waikato</strong>, Raukawa, Ngāti<br />

Tūwharetoa, Ngāti Pūkenga, Pouākani), 38,<br />

from Hamilton is undertaking a Bachelor of<br />

Environmental Planning in Te Ara Taiao:<br />

Māori and the Environment.<br />

• Ella Cooper-Levin (Whakatōhea), 21, is<br />

completing an honours year of her Bachelor of<br />

Computing and Mathematical Sciences and is<br />

from Te Kauwhata.<br />

Pro Vice-Chancellor for the <strong>Waikato</strong> Management School, Matt Bolger, left, pictured with HIKO hub<br />

Manager Natalie Swart and Chief Operating Officer Jim Mercer.<br />

Celebrating scholars: Back, from left, Bruce Clarkson (<strong>Waikato</strong> Regional Council), Dr Charles<br />

Lee (<strong>Waikato</strong> University), middle, Kimihia Solomon-Banks, Glenda Taituha (<strong>Waikato</strong>-Tainui),<br />

Tim Manukau (<strong>Waikato</strong> University), Aaron Barnsdall, Tui Barrett, Johnny Kenny (Regional<br />

Council), Tina Hille-Taylor, front, Mekayla Peneha, Hone Thompson (Tumuaki o te Kingitanga),<br />

Jasmine (Ngahuia) Young, Atawhai McDonnell, Tiffany Walker and Keana Hepi.<br />

AI – the need for transparency<br />

Heather Claycomb sees huge benefits that will come with artificial intelligence<br />

adoption – but she believes it has muddied the waters of trust between<br />

businesses and their customers.<br />

<strong>Business</strong>es face new<br />

challenges when building<br />

and maintaining trust in<br />

the ‘ChatGPT age’, Heather<br />

Claycomb says.<br />

With the help of artificial<br />

intelligence, AI, businesses<br />

are streamlining operations,<br />

enhancing customer<br />

experiences, and even<br />

creating written and visual<br />

content that was once the<br />

sole domain of human<br />

creativity.<br />

But people are nervous<br />

about the use of AI and<br />

distrustful of companies<br />

using it, Claycomb, a<br />

director of PR agency HMC,<br />

says.<br />

The trust issue is tackled<br />

in the company’s latest<br />

podcast.<br />

A global, 31-country<br />

survey by Ipsos in July<br />

found New Zealanders were<br />

more nervous about AI<br />

and more distrustful than<br />

their global counterparts.<br />

It found only 43 per cent<br />

of New Zealanders trust<br />

companies that use AI will<br />

protect their personal data,<br />

and a similar percentage<br />

trusted companies that use<br />

AI as much as they trust<br />

other companies.<br />

In the same study, 63<br />

per cent of New Zealanders<br />

surveyed said products and<br />

services that use AI make<br />

them nervous - compared<br />

with a 52% global country<br />

average.<br />

“Generative AI is relatively<br />

new – we are just days<br />

away from ChatGPT’s oneyear<br />

launch anniversary,”<br />

Claycomb said..<br />

“However, most people<br />

in our community have<br />

virtually no awareness or<br />

understanding of generative<br />

AI technologies. So,<br />

when they discover that a<br />

photographic image isn’t<br />

a real picture, or that an<br />

article was produced by a<br />

computer, not a person, it<br />

jars their mind. They can<br />

become distrustful very<br />

quickly.”<br />

She says one key to<br />

maintaining trust when<br />

embracing the use of<br />

generative AI is full<br />

disclosure.<br />

“Not only does this<br />

maintain business integrity,<br />

it also helps people<br />

acclimatise to the use of the<br />

technology. As AI becomes<br />

normalised, it’s likely<br />

disclosure will no longer be<br />

necessary. But it is for now,”<br />

she says.<br />

With AI stirring up<br />

nervousness and suspicion,<br />

businesses must be<br />

purposeful to reap the<br />

benefits of trust.<br />

“Creating a high-trust<br />

organisation is basically<br />

your license to operate.<br />

It gives you the power to<br />

take risks and recover<br />

quickly when you make<br />

mistakes. Trust gives you a<br />

competitive advantage. And<br />

high-trust organisations<br />

reap the rewards of loyal,<br />

hard-working staff,” says<br />

Heather.<br />

• See meet your new<br />

partner, Page 18


NOVEMBER <strong>2023</strong><br />

WAIKATO BUSINESS NEWS 7<br />

How Company-X grew during the pandemic<br />

BUSINESS SHOWCASE<br />

It was the worst of times.<br />

Company-X co-founders Jeremy<br />

Hughes and David Hallett called<br />

a companywide meeting as New<br />

Zealand responded to the global<br />

pandemic with its first lockdown.<br />

Hallett and Hughes were prepared for<br />

the worst and hoped for the best.<br />

More than 50 people joined the call<br />

from home offices, bedrooms, dining<br />

rooms and lounges around New Zealand<br />

to hear the co-founders promise that<br />

they would take Company-X to a fourday<br />

week rather than lose anyone in a<br />

pandemic-propelled downturn.<br />

The Company-X team took a<br />

collective sigh of relief.<br />

Three years on and Company-X<br />

has retained and grown its team while<br />

avoiding going to a four-day week.<br />

“We immediately expected a<br />

downturn and a struggle to retain our<br />

team,” Hughes reflected.<br />

“Our goal was to keep everyone<br />

together and leave no one behind,”<br />

Hallett added.<br />

Hughes and Hallett had spent<br />

eight years building a team of around<br />

50 highly skilled, tightly knit, selfmanaging,<br />

and co-located team<br />

of analysts, architects, designers,<br />

developers, testers, and project<br />

managers.<br />

Company-X’s team had earned a<br />

reputation creating tools and systems<br />

that help their clients make evidencebased<br />

decisions.<br />

The software specialist is renowned<br />

for creating solutions that consolidate<br />

“We hired a bunch<br />

of people who are<br />

prepared to take<br />

initiative. That is<br />

one of the things<br />

that really made a<br />

difference.”<br />

asset, financial and other statistical<br />

information from a range of sources to<br />

provide insights into performance.<br />

Company-X supports clients to<br />

improve the quality of business-critical<br />

data for effective decision making.<br />

The team also has deep expertise in<br />

simulation and virtual reality.<br />

“We firmly believed we had a<br />

fantastic team that we wanted to<br />

retain,” Hughes said.<br />

“Looking back, we are so pleased,<br />

grateful and thankful that we came<br />

through the last few years growing as<br />

a company and retaining the team,”<br />

Hallett said.<br />

“We hired a bunch of people who are<br />

prepared to take initiative. That is one of<br />

the things that really made a difference,”<br />

Hallett said.<br />

Company-X had implemented<br />

strategies that supported team<br />

members mental, physical, and<br />

emotional health during the pandemic.<br />

“The vision was to help the team<br />

‘stay the course’,” Hallett said.<br />

“During the pandemic it was<br />

not unusual for team members to<br />

receive a phone call from a wellbeing<br />

representative asking how they were<br />

going.”<br />

Company-X sent care packages to<br />

team members who tested positive for<br />

COVID-19.<br />

“We are proud of what we<br />

have accomplished during the<br />

pandemic,” Hallett said.<br />

“We have shown that we<br />

are a resilient company that<br />

is able to adapt to change,”<br />

Hughes concluded.<br />

Above: Company-X retained and grew<br />

its team during the COVID-19 pandemic.<br />

Below: Company-X co-founders Jeremy<br />

Hughes, left, and David Hallett.<br />

Navigate the<br />

digital landscape<br />

with us


8 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

Being mayor, doing that…<br />

Mary Anne Gill catches up with Waipā’s<br />

first female mayor, Susan O’Regan.<br />

Plenty of people are<br />

prepared to put a<br />

wager on Waipā mayor<br />

Susan O’Regan becoming a<br />

National Party member of<br />

Parliament.<br />

But right now, it would be<br />

a tough ask prising her out<br />

of the job she describes as<br />

the best she has ever had.<br />

Politics pores through<br />

her veins – her mother<br />

Katherine O’Regan was<br />

the first woman elected on<br />

the Waipā County Council<br />

and was then an MP from<br />

1984 to 1999; serving<br />

as a minister in various<br />

portfolios during the fourth<br />

National government.<br />

In 2018 when Katherine<br />

died of breast cancer –<br />

diagnosed through the free<br />

screening programme she<br />

helped set up as Associate<br />

Health minister – Susan was<br />

in her first term as a Waipā<br />

district councillor.<br />

Two years earlier she<br />

turned down the opportunity<br />

to become the National<br />

Party MP in Taranaki-King<br />

Country because she was<br />

pregnant with son Jack.<br />

The 51-year-old is Waipā’s<br />

first female mayor.<br />

O’Regan recently reflected<br />

on the 12 months as<br />

mayor before heading off<br />

to Le Quesnoy in France<br />

to represent Waipā at the<br />

opening of Te Arawhata –<br />

New Zealand Liberation<br />

Museum followed by her<br />

first break in a year.<br />

Cambridge, Waipā’s<br />

largest town, and Le<br />

Quesnoy are sister<br />

cities and in 2018 Waipā<br />

controversially donated<br />

$150,000 towards the<br />

museum’s establishment.<br />

O’Regan abstained early<br />

on from voting on moral<br />

grounds saying she would<br />

have preferred to see that<br />

money go on a museum<br />

of relevance for Waipā<br />

ratepayers – one which<br />

would acknowledge the New<br />

Zealand Land Wars’ impact<br />

on the district.<br />

“I always had a little bit<br />

of reservation in my mind<br />

because there were our own<br />

histories here which needed<br />

attention.<br />

“But this is a crucial piece<br />

of telling New Zealand<br />

history in an area where<br />

there is a paucity of New<br />

Zealand stories.<br />

“It’s such a great story and<br />

the connection Cambridge<br />

has to Le Quesnoy and the<br />

town has with New Zealand<br />

means it is an important<br />

story to tell.”<br />

When O’Regan stood for<br />

the mayoralty last year, her<br />

biggest task was getting to<br />

know what the issues were<br />

in Cambridge.<br />

She is closely aligned<br />

with Te Awamutu. The<br />

Judge Road 240ha dairy<br />

farm she and husband John<br />

Hayward have is closer to Te<br />

Awamutu than Cambridge –<br />

the town is where she and<br />

her family play sport and<br />

gravitate to - plus she had<br />

been a practising barrister<br />

in Te Awamutu specialising<br />

in family law.<br />

So, she worked Cambridge<br />

hard and secured the<br />

business community’s<br />

support at the Chamber<br />

of Commerce’s Town Hall<br />

meeting. She romped home<br />

campaigning on “A Time for<br />

Change” against incumbent<br />

Jim Mylchreest and<br />

newcomer Chris Woodhams,<br />

a brash businessperson<br />

who lost crucial support<br />

when he said Cambridge<br />

businesses had nothing to<br />

offer by way of employment<br />

Meet the family: Susan O’Regan and husband John Hayward with their children, from left: Lily, George, Jack, Emily and Ben.<br />

<br />

Photo: Mary Anne Gill.<br />

opportunities.<br />

As Waipā’s first female<br />

mayor, she joined other<br />

<strong>Waikato</strong> women in politics<br />

with two National Party MPs<br />

Louise Upston (Taupō) and<br />

Barbara Kuriger (Taranaki-<br />

King Country) and Labour’s<br />

Nanaia Mahuta, whose<br />

Hauraki <strong>Waikato</strong> seat was<br />

won at the election by Te<br />

Pāti Māori’s Hana Rawhiti<br />

Maipi-Clarke.<br />

There are four <strong>Waikato</strong><br />

women mayors: O’Regan,<br />

Jacqui Church (<strong>Waikato</strong>),<br />

Paula Southgate (Hamilton)<br />

and Adrienne Wilcock<br />

(Matamata-Piako).<br />

Plus, there are three<br />

women deputy mayors –<br />

Angela O’Leary (Hamilton),<br />

Liz Stolwyk (Waipā) and<br />

Carolyn Eyre (<strong>Waikato</strong>) and<br />

rounding out the female<br />

influence is <strong>Waikato</strong> regional<br />

council chair Pamela Storey.<br />

O’Regan threw herself into<br />

the job which she describes<br />

as “full time and then some.”<br />

Her conscience played<br />

havoc with her emotions<br />

and time in those earlier<br />

months. She now admits she<br />

did too much.<br />

“It’s a female thing. If I’m<br />

not here, you are failing the<br />

people, and if you are here<br />

too much, you are failing<br />

the children, the husband,<br />

the farm.”<br />

She feels she has the<br />

balance right now even<br />

tacking on some days away<br />

in Europe with her husband<br />

at their own cost.<br />

“He’s never been to<br />

Europe, and I only had a<br />

fleeting visit 20 years ago.”<br />

O’Regan is expecting<br />

a tough workload on her<br />

return, a reference to rising<br />

Watching you: National’s Christopher Luxon, then Leader of the<br />

Opposition, and Taupō MP Louise Upston will have to wait a bit<br />

longer before Susan O’Regan joins them in Wellington.<br />

<br />

Photo: Mary Anne Gill.<br />

Women in charge: A zone two meeting at Lake Karāpiro brought together some of <strong>Waikato</strong>’s female leaders, from left: Pamela Storey<br />

(<strong>Waikato</strong> Regional chair), Adrienne Wilcock (Matamata-Piako), Susan O’Regan (Waipā), Paula Southgate, Angela O’Leary (both<br />

Hamilton) and Liz Stolwyk (Waipā). <br />

Photo: Mary Anne Gill.<br />

costs and rate increases<br />

or the three Is – inflation,<br />

interest and insurance.<br />

“The very obvious elephant<br />

in the room is that very strong<br />

headwinds in the financial<br />

space. I can’t emphasise<br />

enough the challenges we<br />

will have.”<br />

In that respect Waipā is<br />

not alone among <strong>Waikato</strong><br />

councils but she rules out any<br />

thoughts of a Super <strong>Waikato</strong><br />

City including neighbours<br />

like Hamilton and <strong>Waikato</strong>.<br />

“We already have a high<br />

level of cooperation and<br />

there are a lot of (other) ways<br />

to collaborate.”<br />

Collaborations, shared<br />

services, deals with<br />

neighbours – that is the way<br />

to do it, she says.<br />

“I see we (already) have a<br />

high level of co-operation.”<br />

There are two more years<br />

before another local body<br />

election – O’Regan is in the<br />

camp which thinks it should<br />

be four and not three years.<br />

“We are making decisions<br />

that fit into a picture that<br />

lasts more than a three-year<br />

cycle.”<br />

Decisions should be<br />

longer-term ones making<br />

elected officials better<br />

ancestors.<br />

She wants to keep focused<br />

on the end goals.<br />

Prime Minister<br />

Christopher Luxon once gave<br />

her some advice – ‘write your<br />

last report or letter now and<br />

when you do decide to leave<br />

or are pushed out, you better<br />

hope that what you said at<br />

the beginning has come to<br />

fruition’.<br />

The fact she references<br />

Luxon is a nod to O’Regan’s<br />

continued interest in<br />

national politics but for now<br />

she loves being mayor more.<br />

“It’s been really fun. It’s<br />

such a privilege, a huge<br />

privilege, it’s the best job I’ve<br />

ever had. It just plays to all<br />

of the parts about me as a<br />

person.<br />

“I just love this district.<br />

The more time I spend out of<br />

the district, at mayoral things<br />

and local government things,<br />

I realise how fortunate we<br />

are.”


NOVEMBER <strong>2023</strong><br />

WAIKATO BUSINESS NEWS 9<br />

ey Toyota whats u<br />

with your used car benefits?<br />

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10 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong>


NOVEMBER <strong>2023</strong><br />

Playing pass<br />

the parcels<br />

WAIKATO BUSINESS NEWS 11<br />

ADVERTORIAL<br />

So, what does the change<br />

of Government really<br />

mean for you?<br />

A <strong>Waikato</strong> couple have gone<br />

head to head with New<br />

Zealand Post – what’s it all<br />

about? Roy Pilott reports.<br />

Dani and Ian Kennedy fear for their company’ future.<br />

The next stage of a festering row over<br />

postal deliveries is days away as<br />

Justice Gault prepared to release a<br />

ruling on an injunction bid.<br />

Te Awamutu couple Ian and Dani Kennedy<br />

are challenging New Zealand Post’s plans to<br />

change delivery services and introduce a<br />

Multi Run business model.<br />

The couple say they have invested<br />

significant money and their company, Three<br />

Hills Group Ltd , is protected by a contract,<br />

while New Zealand Post is attempting to<br />

change who can deliver where.<br />

In particular, the company wants to make<br />

changes in rural areas which are being<br />

swallowed up as towns and cities expand.<br />

One such case is the outskirts of Hamilton,<br />

where the RD3 run Dani and Ian Kennedy<br />

maintain is, they say, under threat.<br />

They were in the High Court in Hamilton<br />

last month challenging the change – now<br />

they are waiting to see whether or not their<br />

injunction application succeeds.<br />

Their case is backed Pro Driver Advocates<br />

whose chief Peter Gallagher said the latest<br />

edition of the company’s communique<br />

discusses the idea of “one network” for one<br />

person to deliver both mail and parcels to<br />

each address.<br />

“What this is saying is what we have been<br />

stating all along – that the contracted right<br />

for an exclusive run is only as exclusive as<br />

NZ Post decides it is – and this is definitely<br />

not what these RD guys have been paying<br />

big money for.”<br />

The Kennedys are well known in their RD<br />

community – when a parcel is dropped off,<br />

they send a text message to someone in the<br />

home.<br />

Gallagher says the couple invested almost<br />

$500,000 in their run four years ago, and<br />

New Zealand Post wants to terminate their<br />

contract to make way for a multi run courier<br />

business model and increase its use of<br />

CourierPost deliveries.<br />

The court has been told the couple were<br />

the victims of a marketing strategy which<br />

was entirely for the benefit of NZ Post “and<br />

its culmination was in the dismembering of<br />

urban fringe rural delivery routes”.<br />

Gallagher says mail is declining, but there<br />

is an increase in parcel fright – and that is<br />

where future profit lies.<br />

Dani and Ian Kennedy updated their<br />

customers last month with a “we need your<br />

support” flyer outlining their concerns and<br />

inviting them to tick a box to indicate their<br />

support.<br />

It says the new One Network model<br />

was announced with no consultation with<br />

existing operators.<br />

Look before you leap…<br />

Two <strong>Waikato</strong> centres have<br />

tapped into an app which<br />

enables users with specific<br />

needs to “call in” ahead of<br />

their visit.<br />

Cerge is a communication<br />

platform which assists<br />

people with disabilities.<br />

In its promotional<br />

material Belgravia Leisure<br />

says “as an individual with a<br />

disability, imagine having an<br />

exceptional guest experience<br />

every time you visit your<br />

local leisure centre, simply<br />

by using an app to alert the<br />

venue ahead of time of your<br />

service preferences.”<br />

It says the facility is now<br />

available in five centres<br />

around New Zealand and 30<br />

venues in Australia.<br />

The New Zealand centres<br />

are the Gallagher and Huntly<br />

aquatic centres in <strong>Waikato</strong>,<br />

Mount Albert Aquatic<br />

Centre, Franklin Pool and<br />

Leisure Centre and Trust<br />

House Recreation Centre in<br />

Masterton.<br />

The Cerge app is free and<br />

allows users to alert customer<br />

service staff to their needs.<br />

Belgravia says it provides<br />

an access pathway.<br />

“This includes personalised<br />

greetings, express check in<br />

or skip the queue, having<br />

accessible equipment set<br />

up before arrival, arranging<br />

guided tours pointing out<br />

accessible features and any<br />

other tailored experience<br />

necessary to allow the guest<br />

to have an exceptional<br />

experience, all whilst<br />

removing the guesswork<br />

for staff to provide these<br />

services.”<br />

The platform can also<br />

provide virtual tours where<br />

visitors can explore venues<br />

in advance and audio guides<br />

powered by A.I.<br />

Belgravia Leisure operates<br />

more than 230 venues across<br />

New Zealand and Australia.<br />

“Launching Cerge in<br />

Belgravia Leisure’s New<br />

Zealand venues is a<br />

significant step towards our<br />

mission of making leisure<br />

venues more inclusive and<br />

accessible,” the company’s<br />

Disability and Diversity<br />

Manager Jeff Walkley said.<br />

If we look at the respective policies<br />

of ACT, National and NZ First,<br />

there’s a lot of commonalities.<br />

They include:<br />

• Cancel the planned fuel tax hikes<br />

which would have added another<br />

12 cents per litre of petrol.<br />

• Repealing the Ute Tax will be a<br />

boon for farmers and the large<br />

<strong>Waikato</strong> motor industry.<br />

• Start reducing public sector<br />

expenditure by 6.5% on average<br />

by requiring CEOs to identify<br />

back-office spending not critical to<br />

frontline services.<br />

• Establish a permanent Rural<br />

Regulation Review Panel to assess<br />

regulations affecting the primary<br />

sector in order to cut red tape.<br />

• Introduce legislation to restore 90-<br />

day trial periods for all businesses.<br />

• Begin work on establishing a<br />

National Infrastructure Agency and<br />

issue a draft Government Policy<br />

Statement on Transport reflecting<br />

new Roads of National Significance<br />

and public transport projects.<br />

• Begin work on National’s Going for<br />

Housing Growth policy, to expand<br />

housing supply, build infrastructure<br />

and give councils flexibility to<br />

deliver.<br />

• Introduce legislation mandating<br />

approval of building materials<br />

and product systems meeting<br />

international standards equivalent<br />

to New Zealand’s.<br />

• Repeal the RMA 2.0 legislation and<br />

introduce a fast-track consenting<br />

regime.<br />

• Repeal of the Three Waters<br />

legislation.<br />

And, even if NZ First does come into<br />

a formal coalition arrangement, there<br />

are things they are keen on that would<br />

be good for business. Such as:<br />

• On infrastructure and logistics,<br />

Connect - Grow - Inspire - Represent<br />

Don Good, CEO of <strong>Waikato</strong><br />

Chamber of Commerce.<br />

they want the medium-term<br />

focus to be on infrastructure that<br />

improves productivity. A new<br />

Ministry of Infrastructure will<br />

be tasked with determining an<br />

optimal investment programme<br />

to provide greater investment and<br />

employment certainty for private<br />

sector contractors.<br />

From the <strong>Waikato</strong> Chamber’s<br />

perspective, there have been three<br />

projects we wish to see the new<br />

government start ASAP.<br />

The first is complete the Cambridge<br />

to Piarere extension of the <strong>Waikato</strong><br />

Expressway.<br />

The second is the University of<br />

<strong>Waikato</strong> Medical School. It is an<br />

investment in our regional NZ health<br />

and well-being.<br />

The third is the big Southern Links<br />

project which gives the <strong>Waikato</strong> region<br />

a huge economic boost.<br />

So, a lot of positive changes that<br />

will make it easier to do business, both<br />

here in the <strong>Waikato</strong> and around the<br />

country.<br />

We look forward to the proposed<br />

mini budget before Christmas which<br />

will give us clear direction as to<br />

what the new Government wants to<br />

achieve.


12 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

Looking to maximise<br />

value – well, you can’t<br />

sell a secret<br />

ADVERTORIAL<br />

Meta picks up<br />

legacy award<br />

In the current<br />

challenging<br />

environment of<br />

commercial real estate,<br />

marketing your property<br />

for sale is not just a choice;<br />

it’s a strategic necessity.<br />

Effective marketing<br />

can often significantly<br />

increase the likelihood of<br />

a successful sale, firstly by<br />

leaving no stone unturned<br />

to find the best buyer(s)<br />

and secondly by adding<br />

the element of potential<br />

competition.<br />

Many vendors (and I<br />

know of some agents too<br />

for that matter) seem to<br />

think that if it’s on TradeMe<br />

and the agent has fired it<br />

off to a few parties from<br />

their database, then job<br />

done. Not so!<br />

When executed well, marketing is an<br />

investment, not an expense. So why<br />

market your property and what are<br />

the benefits ?<br />

1. Attracting a Larger Pool of<br />

Potential Buyers<br />

• You broaden the buyer pool by<br />

ensuring it is seen by a wide and<br />

diverse audience. This is essential<br />

in a challenging market where<br />

finding the right buyer can be more<br />

complex.<br />

2. Exposure and Competitive<br />

Advantage<br />

• Your property competes with<br />

numerous other listings, so by<br />

highlighting its unique features,<br />

benefits, and potential, your<br />

property is set apart to stand out<br />

and make it more appealing to<br />

potential buyers.<br />

3. Price Optimization<br />

• Wide coverage increases the<br />

likelihood of receiving multiple<br />

offers, which can lead to a<br />

competitive bidding process that<br />

ultimately improves terms and<br />

drives up the selling price.<br />

4. Speed of Sale<br />

• Effective marketing can expedite<br />

the sale of your property. In<br />

a challenging market where<br />

properties may linger, a strategic<br />

marketing plan can reduce the<br />

time your property spends on the<br />

market. Length of time on the<br />

market is often detrimental to its<br />

value.<br />

5. Confidence Building<br />

• A well-planned marketing strategy<br />

demonstrates commitment to<br />

selling, which can instil confidence<br />

in potential buyers. It showcases<br />

a genuine desire to sell and<br />

provides transparency and<br />

honesty in the transaction.<br />

Some Potential Marketing<br />

Components To Consider<br />

• Websites: such as<br />

Realestate.co.nz,<br />

Trademe.co.nz,<br />

Oneroof.co.nz<br />

• Databases: both<br />

the agents and<br />

their companies.<br />

• Print: major daily’s<br />

such as <strong>Waikato</strong> Times, NZ Herald,<br />

The Press, The Post, Sunday Star<br />

Times<br />

• Print: regional papers exist all<br />

around the country and have strong<br />

local followings<br />

• Signage: Pedestrian and vehicle<br />

profile - a call from a sign indicates<br />

that the party knows where the<br />

property is and they like what they<br />

see.<br />

• Social Media: LinkedIn, Facebook,<br />

Instagram, Google etc. this can be<br />

demographic and geo targeted.<br />

• Industry and trade publications:<br />

Real Estate company portfolios,<br />

databases, newsletters, social<br />

media coverage etc.<br />

And there are more ………..<br />

“The number one reason people<br />

don’t sell, is because they believe<br />

there is a better offer out there” -<br />

John Abbott<br />

Marketing isn’t a cookie cutter or<br />

one-size-fits-all approach. Effective<br />

strategies need to be adjusted to<br />

align with the specific property and<br />

changing market conditions. Ensuring<br />

that your property remains attractive<br />

to buyers even in challenging times is<br />

absolutely paramount.<br />

Whether it’s a small vacant<br />

industrial unit likely to attract a<br />

local owner occupier, or a large<br />

commercial building with national/<br />

corporate/government tenants<br />

attracting national and even possibly<br />

international interest, a marketing<br />

investment must be tailored<br />

specifically to the likely buyer pool for<br />

your property.<br />

What is the one thing that potential<br />

purchasers are currently looking<br />

for? – genuine vendors with genuine<br />

motivation to sell. These are the<br />

instances that attract more buyers,<br />

which invariably leads to the prices<br />

being maximised.<br />

Talk to your marketing specialist<br />

today, to ensure that the best<br />

possible plan has been put together,<br />

ensuring maximum exposure –<br />

and that the marketing content<br />

is being reviewed regularly.<br />

Mike Neale. Managing Director<br />

NAI Harcourts Hamilton.<br />

Pacific business successes have been celebrated in Hamilton<br />

The <strong>Waikato</strong> Pacific<br />

<strong>Business</strong> Network has<br />

presented the founder<br />

of a Hamilton East business<br />

with a Legacy Award.<br />

Meta Tyrell is a co-founder<br />

of the LM4 Group which has<br />

its head office in Hamilton<br />

and branches in Auckland<br />

and Tauranga,<br />

Her enterprise was<br />

launched in 2002 when<br />

she set a goal of enhancing<br />

the lives of her community<br />

by fostering better career<br />

opportunities.<br />

The company oversees<br />

three subsidiaries - Alignz<br />

Recruitment, Puatele and<br />

Oyonnx – employing more<br />

than 400 people and serving<br />

more than 100 clients. There<br />

are plans to expand the<br />

business into Christchurch,<br />

Wellington and Samoa next<br />

year.<br />

The company is providing<br />

training and labour for<br />

the civil works across the<br />

Rotokauri Rise Project, a<br />

residential development<br />

which will encompass nearly<br />

900 sections and include<br />

three park areas and several<br />

wetlands.<br />

It is also providing training<br />

and labour for the work on<br />

the Lockerbie retirement<br />

village development at<br />

Morrinsville and has<br />

partnered CB Civil to<br />

provide training and labour<br />

on the Peacocke wastewater<br />

project for Hamilton City<br />

Council.<br />

The country’s largest battery energy<br />

storage system – Bess - will store energy to<br />

meet the daily demands of over 2000 homes<br />

and provide reserve support for the North<br />

Island grid.<br />

Bess was being commissioned lsst month,<br />

marking the completion of the 35MWh<br />

project at Rotowaro, Huntly, started in July<br />

2022.<br />

The project was a joint venture involving<br />

Infratec and its parent company WEL<br />

Networks.<br />

Almost 300 people were<br />

at the inaugural <strong>Waikato</strong><br />

Pacific <strong>Business</strong> Excellence<br />

event where the presentation<br />

was made by network chair<br />

Rachel Afeaki Taumoepeau.<br />

Excellence awards were<br />

also presented to Josh<br />

Stowers (Mixmaster) Robbie<br />

and Jacina Stapleton (Wash<br />

and Pest Control), Pivot Bail<br />

Accommodation, Talents<br />

of the Pacific Academy,<br />

Deep Dive Division, Grace<br />

Ratima (Acie Designs),<br />

JP Landscaping Ltd, TJ<br />

Brothers Construction,<br />

<strong>Waikato</strong> Shutters & Blinds,<br />

Felila Asiata-Feausi<br />

(Oyonxx), Ray Allen,<br />

Meleane Burgess (Dynamic<br />

Advisory), Taimaaiono<br />

Grace Stowers (Hartson<br />

Stowers Law), Nanise<br />

Ginnen (Impact Hub<br />

<strong>Waikato</strong>), LT8 Design and<br />

Fabrication and Surgeons<br />

on Clarence.<br />

Meta Tyrell, right, pictured with Hamilton mayor Paul Southgate<br />

and, left, Impact hub <strong>Waikato</strong> chief Nanie Ginnen.<br />

Bess be blessed<br />

An aerial view of Bess at Rotowaro.<br />

“The battery will maximise the benefits<br />

of solar power, providing charging capacity<br />

for electric vehicles and back up during grid<br />

emergencies,” WEL Networks chief Garth<br />

Dibley said.<br />

The battery’s role in reducing the need for<br />

non-renewable energy sources would also<br />

be a contributor to lowering emissions in<br />

support of New Zealand’s net zero emissions<br />

target by 2050.<br />

The battery is the first of its scale in the<br />

country.


NOVEMBER <strong>2023</strong><br />

WAIKATO BUSINESS NEWS 13<br />

UBARU<br />

SUBARU<br />

ALL SUMMER<br />

SUBARU ALL SUMMER<br />

ALL SUMMER<br />

FORESTER CROSSTREK OUTBACK<br />

O REPAYMENTS UNTIL AUTUMN *<br />

NO REPAYMENTS UNTIL AUTUMN *<br />

NO FORESTER REPAYMENTS CROSSTREK UNTIL AUTUMN OUTBACK<br />

NO REPAYMENTS UNTIL AUTUMN *<br />

*<br />

FORESTER<br />

FORESTER<br />

CROSSTREK<br />

CROSSTREK<br />

OUTBACK<br />

OUTBACK<br />

FORESTER CROSSTREK OUTBACK<br />

PAY DEPOSIT THEN NOTHING<br />

FOR PAY SIX DEPOSIT MONTHS. THEN * NOTHING<br />

PAY A DEPOSIT – THEN NOTHING<br />

FOR SIX MONTHS.<br />

FOR PAY A SIX DEPOSIT MONTHS. – *<br />

* THEN NOTHING<br />

FOR SIX MONTHS. *<br />

Y A DEPOSIT – THEN NOTHING<br />

R SIX MONTHS. *<br />

Summer won’t wait for economic conditions to be perfect.<br />

mer And<br />

Summer won’t neither wait won’t<br />

should for wait economic you.<br />

for economic<br />

As the conditions days<br />

conditions<br />

grow to longer be to perfect. be<br />

and<br />

perfect.<br />

Summer won’t wait for economic conditions to be perfect. our<br />

d neither minds<br />

And should neither<br />

and calendars you. should As you. the fill with<br />

As days the<br />

adventures grow days grow longer -<br />

longer<br />

it’s and the<br />

and our<br />

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And Summer neither won’t should wait you. for As economic the days conditions grow longer to be and perfect. our<br />

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e to put Forester a deposit or Outback. * down Then * down on a new Subaru Crosstrek,<br />

time minds to and put a calendars deposit on a you new can Subaru have it All-Wheel Drive,<br />

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*<br />

all summer long, with a 6-month holiday on repayments. *<br />

ummer all Forester summer or<br />

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*Fixed interest rate of 7.10%p.a. over 60 months with repayments deferred for six months from the finance start date. These payments will be spread over<br />

the *Fixed<br />

all summer<br />

remaining interest 54 rate months. of<br />

long,<br />

7.10%p.a.<br />

with<br />

The 6-month over 60<br />

a<br />

months<br />

6-month<br />

deferred with payment repayments<br />

holiday<br />

period deferred<br />

on<br />

is not interest-free. for<br />

repayments. *<br />

six months Interest from will the accrue finance on start the date. principal These amount payments and will fees. be Overall spread interest over<br />

costs the *Fixed remaining will interest be higher 54 rate months. of as 7.10%p.a. a result The 6-month over when 60 compared deferred months with payment to a repayments non-deferred period is deferred not loan. interest-free. for Subaru six months Crosstrek Interest from will Premium: the accrue finance on RRP start the $48,990 principal date. These amount incl payments GST, and deposit fees. will Overall be $14,697, spread interest over borrow<br />

interest $34,568.39 rate costs the remaining of will 7.10%p.a. be at higher 54 7.10%p.a., months. over as a 60 fixed result The months for 6-month when the with term. compared deferred repayments Pay $777.31 to a non-deferred a period month is for not loan. 54 six interest-free. out Subaru months of 60 Crosstrek from months. Interest the Premium: Total will finance accrue loan RRP start repayments on the $48,990 date. principal These $41,974.21. incl amount GST, payments Forester: deposit and fees. will $14,697, RRP Overall be spread $46,990 interest borrow over incl<br />

aining GST, 54 $34,568.39 costs<br />

*Fixed<br />

months. deposit will<br />

interest<br />

be $14,097, The at higher 7.10%p.a.,<br />

rate of<br />

6-month as<br />

7.10%p.a.<br />

borrow a fixed result deferred $33,186.39 for when<br />

over<br />

the<br />

60<br />

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repayments<br />

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deferred<br />

term. loan. 54 Pay out Subaru<br />

for<br />

of<br />

six<br />

$745.84 Interest 60 Crosstrek<br />

months<br />

months.<br />

from<br />

a will month Total accrue Premium:<br />

the<br />

for loan<br />

finance<br />

54 on repayments out RRP<br />

start<br />

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date.<br />

principal 60 months. $41,974.21. incl<br />

These<br />

amount Total GST,<br />

payments<br />

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will<br />

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be<br />

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spread<br />

$40,275.25. borrow interest incl<br />

over<br />

will be higher Outback: GST, $34,568.39<br />

the remaining deposit as RRP a result $53,490 $14,097, at<br />

54<br />

7.10%p.a.,<br />

months.<br />

when borrow incl fixed<br />

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GST, compared $33,186.39 for<br />

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deposit the term.<br />

deferred<br />

to $16,047, at a 7.10%p.a., Pay non-deferred $777.31<br />

payment<br />

borrow fixed $37,736.39 a month for period<br />

loan. the for Subaru term. is not<br />

at 547.10%p.a., Pay interest-free.<br />

out Crosstrek $745.84 of 60 fixed months. a Interest<br />

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term. loan 54 accrue<br />

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$48,990 60 the months. principal<br />

a $41,974.21. month incl Total amount<br />

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out of 60 RRP<br />

Overall<br />

$14,697, months. $46,990 $40,275.25. interest<br />

Total borrow incl loan<br />

68.39 at repayments Outback: GST,<br />

costs<br />

7.10%p.a., deposit<br />

will<br />

RRP<br />

be<br />

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higher as<br />

for the borrow Only incl<br />

a<br />

term. GST,<br />

result<br />

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when<br />

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do not<br />

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in a controlled<br />

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environment<br />

to salt water.<br />

and although depicted in beach<br />

n, were not driven on or through salt water conditions as Subaru do not recommend exposing vehicles to salt water.


14 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

ADVERTORIAL<br />

What Immigration<br />

Changes can we expect<br />

from the new Government?<br />

New Zealand’s immigration<br />

settings over the last 6 years<br />

of the Labour Government<br />

were very significantly<br />

impacted by the Covid border<br />

lockdown, and then the protracted<br />

border re-opening. It has only<br />

been in the last 15 months that the<br />

Government finally introduced the<br />

employer accreditation regime that<br />

it had announced pre-covid, the new<br />

investor category, and then, and only<br />

very recently, the new Skilled Migrant<br />

residence settings.<br />

Looking back, the main features<br />

of the last few years has been the<br />

transition to online visa application<br />

processing, the staggering number,<br />

and frequency of, policy changes<br />

(almost every week!), and the increase<br />

in incidence of migrant exploitation.<br />

So, what can we expect from the<br />

new Government? – and what would<br />

we like to see!<br />

The National Party has already<br />

announced it will introduce a<br />

5-year visitor visa for parents and<br />

grandparents to visit their family<br />

in New Zealand, and which can be<br />

renewed for a further 5 years. It will<br />

also look to expand the work rights for<br />

international students in an endeavour<br />

to revitalise the international<br />

education sector. Three capped visa<br />

programmes to attract top talent will<br />

also be introduced. The International<br />

Graduates Visa, is a 3 year open work<br />

visa for graduates of the top 100<br />

universities in the world; the Global<br />

Growth Tech Visa is a residence visa<br />

for people who have been working in<br />

top global tech companies earning<br />

NZ$400,000 pa; and the Digital<br />

Nomad Visa which is a 1 year visa<br />

to attract highly mobile people to<br />

come to New Zealand while working<br />

remotely for an overseas-based<br />

company.<br />

Collectively there is a cap of 1,000<br />

people under these three new visa<br />

policies. As always, the devil will be<br />

the policy detail as good visa ideas<br />

often lose their “gloss” once the<br />

policy-writers have their say!<br />

National has already expressed<br />

concerns, in regard to the present<br />

high levels of immigration, that some<br />

60% of the workers now coming<br />

to New Zealand fall into lower skill<br />

job categories. As a consequence<br />

it is likely we can expect some<br />

“tightening” in this area, with maybe<br />

more emphasis on getting NZers<br />

into, or trained for, these jobs and/or<br />

employers having to at least evidence<br />

they are doing more to fill these roles<br />

with NZers.<br />

Because the employer<br />

accreditation, skilled migrant and<br />

investor policies are all still being<br />

“bedded in” it is unlikely that there will<br />

be any immediate changes. However,<br />

there are obvious flaws in all these<br />

policies which will need attention<br />

sooner rather than later.<br />

It is expected the new Government<br />

will introduce a new visa fee regime<br />

in which an additional fee is be paid<br />

for urgent visa processing. This may<br />

be part of a bigger plan to make<br />

Immigration New Zealand a profitcentre<br />

in its own right, and similar to<br />

what is the case in Australia. Expect<br />

visa cost increases!<br />

Most current immigration policies<br />

have a linkage with the New Zealand<br />

median pay rate (currently $29.66<br />

ph). This linkage was introduced<br />

by the Labour Government on the<br />

understanding it was, in some way,<br />

a measure of the skill level of the<br />

employment role.<br />

Clearly this is not the case and,<br />

instead, the arbitrary imposition of<br />

the median pay rate across the various<br />

visa categories has simply had the<br />

effect of pushing up employer costs<br />

across the board.<br />

The median pay rate increase to<br />

$31.61 ph next February should, at<br />

least, be deferred while the new<br />

Government considers the impact<br />

of this additional cost on businesses<br />

– many of whom are under financial<br />

strain.<br />

Overall, what we would most like<br />

to see is the new Government being<br />

much more willing to engage and<br />

consult on the pragmatism, risks and<br />

outcomes of the policies it wishes<br />

to introduce to ensure these can<br />

best deliver the intended objectives.<br />

Taking a little more time to get it<br />

right first time is one lesson the<br />

new Government can learn from its<br />

predecessor – hopefully?<br />

Pathways to New Zealand <br />

Level 2 | 586 Victoria Street | Hamilton 3204<br />

Level 3 | 50 Manners Street | Wellington 6011<br />

07 834 9222 enquiries@pathwaysnz.com pathwaysnz.com<br />

Councils told to<br />

open for business<br />

The Ombudsman has drawn a line under councils who do too<br />

much talking in secret. Mary Anne Gill looks at the ramification.<br />

A<br />

report<br />

criticising<br />

councils for conducting<br />

business behind closed<br />

doors should result in an<br />

end to the secret exchanges<br />

which in some cases protect<br />

councillors from looking<br />

stupid.<br />

Workshops, briefings,<br />

forum, hui, wānanga –<br />

they’ve been given a myriad<br />

names - but too many have<br />

been away from the public<br />

glare, Chief Ombudsman<br />

Peter Boshier’s Open for<br />

<strong>Business</strong> report released last<br />

month concludes.<br />

And opening them up may<br />

make what are some of the<br />

biggest businesses in town<br />

a lot more relevant to their<br />

communities.<br />

District councils across<br />

the <strong>Waikato</strong> - Hamilton<br />

city councillors a notable<br />

exception with their robust<br />

debates - retreat to workshop<br />

style meetings, out of the<br />

public eye, to discuss key<br />

issues while voters’ interest<br />

in the triennial elections<br />

wane.<br />

Boshier’s hard hitting<br />

report tells councils to<br />

get back to their council<br />

chambers rooms and talk in<br />

public.<br />

<strong>Waikato</strong> <strong>Business</strong> <strong>News</strong>’<br />

sister publications in<br />

Cambridge and Te Awamutu<br />

have been arguing the point<br />

with Waipā District Council<br />

Expect to see a spade in the ground before<br />

Christmas.<br />

That is the word from Ingham Motor<br />

Group principal dealer John Ingham about<br />

the former Bunnings site in Cambridge.<br />

And the man who started in Ōtorohanga<br />

in 1968 and then expanded into Te<br />

Awamutu and Hamilton as well as across<br />

the upper North Island has confirmed the<br />

development is a four-year project.<br />

Given the nature of the motor industry<br />

today, do not expect to see too much<br />

duplication in the <strong>Waikato</strong> market, he says.<br />

Ingham has eight brands - Hyundai,<br />

Isuzu, Kia, Suzuki, Mercedes-Benz, Renault,<br />

Honda and Mitsubishi – at 17 dealerships.<br />

“The motor industry is really changing<br />

Joe Wilson has received a Billie Award for<br />

Strengths-Based Research at the Te Auaha<br />

Pito Mata – New and Emerging Researcher<br />

Awards, hosted by Community Research<br />

New Zealand.<br />

The award recognises the work of the Lots<br />

of Little Fires initiative, a project under the<br />

<strong>Waikato</strong> Wellbeing Project,<br />

“We’re immensely proud of Joe Wilson and<br />

the Lots of Little Fires project,” Wellbeing<br />

Project executive director Harvey Brookes<br />

said.<br />

“Joe’s commitment to the transformative<br />

power of storytelling has not only enriched<br />

our communities but also embodies the core<br />

values of the <strong>Waikato</strong> Wellbeing Project.”<br />

He said his work was a reminder of the<br />

positive change that can happen “when we<br />

focus on the strengths and unique stories of<br />

individuals within our communities”.<br />

Peter Boshier<br />

all year.<br />

The council’s workshops<br />

last four to five times longer<br />

than their actual council<br />

meetings and the “informal”<br />

workshops between<br />

councillors is a chance to<br />

compare diaries, catch up<br />

on issues around the district<br />

and discuss who is going to<br />

attend the various events on<br />

offer.<br />

No decisions are made,<br />

staff are not present but they<br />

come in afterwards where<br />

matters are discussed for<br />

“information only,” according<br />

to the council’s Governance<br />

manager.<br />

The <strong>News</strong>’ issue with Waipā<br />

is the regularity elected<br />

members cite information<br />

they received at workshops<br />

when making decisions at<br />

public meetings.<br />

Sometimes it makes it<br />

difficult to follow the debate<br />

Ingham to drive in<br />

because councillors had<br />

information gleaned at the<br />

workshop which was not<br />

available to the public, or the<br />

media.<br />

Boshier investigated eight<br />

councils, none of them were<br />

in the <strong>Waikato</strong> with Rotorua<br />

Lakes Council the closest.<br />

He found no evidence<br />

that any of the councils were<br />

making decisions in the<br />

workshops.<br />

But the next day a new<br />

councillor at Rotorua –<br />

during a council meeting<br />

where its damning report was<br />

discussed as an “urgent item”<br />

- said he believed decisions<br />

were made in workshops.<br />

Boshier found some<br />

workshop practices were<br />

counter to the principles<br />

of openness and could<br />

contribute to a perception<br />

that workshops are not being<br />

used in the right way.<br />

“I also discovered that<br />

a range of council officials<br />

and elected members didn’t<br />

want to open workshops for a<br />

number of reasons including<br />

that asking questions could<br />

make them look stupid.”<br />

Protecting councillors was<br />

not a valid reason to close the<br />

workshop doors.<br />

“Elected members should<br />

be resilient enough to<br />

withstand reasonable public<br />

scrutiny. It is the job they are<br />

elected to do.”<br />

at the moment,” said<br />

Ingham, who would<br />

not confirm what three<br />

franchises would operate<br />

in Cambridge.<br />

John Ingham<br />

But one of them will<br />

not be Mercedes Benz, he said.<br />

Ingham Group’s resource consent<br />

application to demolish the Bunnings<br />

building and redevelop on the overall 6852<br />

sq m site for a car dealership and associated<br />

vehicle servicing was granted in July.<br />

The development would be in two stages.<br />

Building consents are expected to be lodged<br />

with Waipā District Council next month and<br />

site works, starting with the demolition of<br />

the Bunnings building, soon afterwards.<br />

Joe’s a bright spark<br />

Joe Wilson, pictured with Garth Nowland-<br />

Foreman (left). The Billie award is named after<br />

his mother.<br />

Through the lens of cinematographer<br />

Muredach Daly, Lots of Little Fires celebrates<br />

the journeys, resilience, and unique<br />

contributions of everyday people.


NOVEMBER <strong>2023</strong><br />

TECH TALK<br />

Talking risk<br />

mitigation<br />

By BRYAN MILES<br />

WAIKATO BUSINESS NEWS 15<br />

YOUR BUSINESS<br />

Meet your<br />

new partner<br />

By JOSH MOORE<br />

<strong>Business</strong> analysis is all<br />

about identifying business<br />

needs and determining<br />

solutions to business<br />

problems. By taking the time<br />

to understand the business<br />

needs, the current state of<br />

the organisation, and the<br />

potential risks to a project,<br />

business analysts can help<br />

to ensure that the project is<br />

successful.<br />

One of the most important<br />

things that business analysts<br />

do is to help organisations to<br />

identify and understand the<br />

risks to their projects.<br />

This involves gathering<br />

information from<br />

stakeholders, analysing the<br />

data, and identifying the<br />

potential risks.<br />

Once the risks have been<br />

identified, business analysts<br />

can help to develop strategies<br />

to mitigate or avoid them.<br />

There are several different<br />

ways to mitigate risk.<br />

One common approach<br />

is to develop contingency<br />

plans. Contingency plans are<br />

plans that are put in place in<br />

case something goes wrong.<br />

For example, a contingency<br />

plan for a software<br />

development project might<br />

include a plan for dealing<br />

with unexpected delays or<br />

budget overruns.<br />

Another way to mitigate<br />

risk is to use risk-based<br />

decision making. Riskbased<br />

decision making is the<br />

process of making decisions<br />

based on the potential risks<br />

and benefits of each option.<br />

For example, a business<br />

analyst might use risk-based<br />

decision making to help<br />

an organisation to decide<br />

whether to implement a new<br />

software system.<br />

By taking the time to<br />

understand and manage<br />

risk, business analysts can<br />

help to ensure that projects<br />

are successful and that<br />

organisations achieve their<br />

goals.<br />

One of the biggest risks<br />

in software development<br />

is building the wrong<br />

thing. This can happen for<br />

several reasons, such as not<br />

understanding the business<br />

needs, not having a clear<br />

vision for the project, or<br />

not getting feedback from<br />

stakeholders.<br />

There are several things<br />

that can be done to avoid<br />

building the wrong thing.<br />

One of the most important<br />

things is to have a clear<br />

understanding of the<br />

business needs. This involves<br />

talking to stakeholders,<br />

understanding their goals,<br />

and identifying their pain<br />

points.<br />

Another important thing<br />

is to have a clear vision for<br />

the project. What are the<br />

project’s objectives? What<br />

is the scope of the project?<br />

What are the success<br />

criteria? By having a clear<br />

vision, the team can stay<br />

focused and avoid getting<br />

sidetracked.<br />

Finally, it is important<br />

to get feedback from<br />

stakeholders throughout<br />

the project. This will help<br />

to ensure that the team is<br />

building the right thing and<br />

that the stakeholders are<br />

happy with the progress.<br />

<strong>Business</strong> analysis is an<br />

essential part of any software<br />

development project. By<br />

taking the time to understand<br />

the business needs, identify<br />

and manage risks, and avoid<br />

building the wrong thing,<br />

business analysts can help<br />

to ensure that projects are<br />

successful.<br />

• Bryan Miles is a business<br />

analyst at Company-X.<br />

What if I told you that<br />

the most popular business<br />

productivity tools—apps<br />

like Google Sheets, Google<br />

Docs, and Excel—could<br />

now harness the boundless<br />

power of ChatGPT?<br />

It’s like having an<br />

extraordinary mind at your<br />

side, ready to assist, suggest,<br />

and co-create within the<br />

very applications you rely<br />

on daily. This is not science<br />

fiction; it’s the current<br />

reality that businesses are<br />

taking advantage of, and<br />

those who aren’t are getting<br />

left behind.<br />

A joint study just released<br />

from Harvard, MIT,<br />

Warwick <strong>Business</strong> School<br />

and Boston Consulting<br />

Group tested over 700<br />

consultants, requiring them<br />

to complete a series of tasks.<br />

Half were allowed to use AI.<br />

They completed tasks 25 per<br />

cent quicker and produced<br />

40 per cent higher quality in<br />

their results.<br />

Welcome to a world<br />

where ChatGPT becomes<br />

your indispensable partner<br />

in achieving unparalleled<br />

excellence.<br />

You can now use GPT<br />

within Google Sheets or<br />

Microsoft Excel to write<br />

formulas. A small setup<br />

process is required, but once<br />

connected, you can save<br />

time and effort.<br />

Let’s look at an overly<br />

simple example. Having<br />

entered sales data for last<br />

year, you can ask GPT in plain<br />

English, for the formula you<br />

need to calculate the totals.<br />

For example, “total all sales<br />

figures in cells c3 to f3.”<br />

GPT replies saying,<br />

“Assuming the sales figures<br />

are in cells C3, D3, E3, and<br />

F3, you can use the following<br />

formula: =SUM(C3:F3)”<br />

But where the power<br />

really kicks in is writing<br />

complex formulas for you<br />

that would normally take an<br />

Excel expert to write. With<br />

ChatGPT connected you<br />

can just describe in plain<br />

English what you want to<br />

happen, and it will create<br />

the formula for you.<br />

You can also use some<br />

specific GPT functions to<br />

extract information from<br />

within cells.<br />

This can be extremely<br />

useful for extracting<br />

names, emails, domains, or<br />

company names from a big<br />

list of data.<br />

The power comes in<br />

ChatGPT understanding<br />

what you want to extract.<br />

One of our team members<br />

spent three hours manually<br />

creating some very complex<br />

formulas to extract URLs<br />

from a long list of data.<br />

Another team member<br />

used a ChatGPT function to<br />

achieve the same result in<br />

less than four minutes.<br />

One of the things ChatGPT<br />

has become famous for<br />

is its ability to write very<br />

well-written content. We<br />

can tell GPT that we want<br />

it to, “create a brief thank<br />

you email to send to the<br />

people who attended our<br />

networking evening”. The<br />

results come back within<br />

seconds, and it’s very well<br />

written.<br />

We could tell GPT that<br />

we want it to, “write a<br />

LinkedIn post, welcoming<br />

our new sales manager, Tim<br />

Major, formerly Queensland<br />

Territory Manager for XYZ<br />

Widgets in Sydney”.<br />

While the results aren’t<br />

always perfect, the speed<br />

and productivity boost that<br />

comes from embracing AI<br />

is so impressive that every<br />

office-based company<br />

needs to be embracing AI<br />

to boost productivity and<br />

effectiveness.<br />

• Josh Moore is head of<br />

marketing at Duoplus<br />

THE JOB MARKET<br />

Good news on<br />

the horizon?<br />

By SENGA ALLEN<br />

OUR ENVIRONMENT<br />

Too big for<br />

our boots?<br />

By PHIL MACKAY<br />

In the world of recruitment, it often feels<br />

like a rollercoaster ride, swinging between<br />

feast and famine. There are times when<br />

there are too many job openings and not<br />

enough qualified candidates, while at other<br />

times, there’s an oversupply of job seekers<br />

and too few opportunities.<br />

The disruptive impact of Covid-19 wreaked<br />

havoc on New Zealand’s job market.<br />

Lately, talk of a looming recession and<br />

an economic downturn has prompted<br />

businesses to scrutinise their staffing<br />

levels and financial stability. More talent<br />

is entering the job market, but are there<br />

sufficient job opportunities to match?<br />

Is there a glimmer of hope on the<br />

horizon? According to The Jobs Report<br />

(thejobsreport.co.nz), signs of change are<br />

beginning to emerge.<br />

This quarterly report analyses job<br />

demand and opportunities in Australia<br />

and New Zealand, providing a detailed<br />

breakdown by industry, occupation, and<br />

region. The September quarter has brought<br />

some stabilisation to the New Zealand<br />

employment market.<br />

The New Zealand Job Index surged by<br />

a promising 3.7 per cent in the quarter,<br />

marking a welcome return to positive<br />

growth after three consecutive quarters of<br />

contraction.<br />

However, the number of job postings<br />

remains 21.8 per cent lower than in September<br />

of the previous year and significantly down<br />

from the post-Covid peak observed in the<br />

last quarter of 2021. In the same period, the<br />

Flexible Jobs Index dropped by 6.3 per cent,<br />

while the Permanent Jobs Index increased<br />

by 5.7 per cent. It’s evident that employers<br />

are keen to secure scarce talent.<br />

Certain industries have witnessed<br />

substantial growth, notably accommodation<br />

and food services, possibly influenced by<br />

the FIFA Women’s World Cup. The Public<br />

Sector remains relatively stable, with a<br />

modest decline of just 2.7 per cent. However,<br />

there’s cause for concern in the financial<br />

and insurance services sector, which has<br />

experienced a fourth consecutive quarterly<br />

contraction, totalling a 37 per cent annual<br />

decline.<br />

Interestingly, despite the overall “softness”<br />

in employment markets, the demand for<br />

executives and managers remains largely<br />

unscathed, surging by an impressive 20.3<br />

per cent in the last quarter.<br />

Technology professionals have weathered<br />

a relatively minor 2.6 per cent decline in<br />

demand for their services, a significant<br />

improvement compared to the 28.5 per<br />

cent plunge in the preceding June quarter.<br />

Remuneration is also showing signs of<br />

returning to more “normal” market levels.<br />

A particularly heartening development is<br />

the 11.5 per cent rise in trade and technician<br />

roles, following a prolonged decline over the<br />

previous three quarters.<br />

Let’s keep our collective fingers crossed<br />

for a continuation of this positive trend for<br />

2024.<br />

• Sengna Allen is Managing Director for<br />

Everest<br />

Dad used to tell me that the powers that be<br />

had let Hamilton’s Central <strong>Business</strong> District<br />

get too big in the 1970s and ‘80s.<br />

I’m not sure I appreciated what he<br />

really meant during my teen years in ‘90s<br />

Hamilton, but it’s an idea I’ve reflected on<br />

often in the years since.<br />

How much more vibrant would the city<br />

centre be if it extended no further north<br />

than London Street, for example? If the<br />

businesses and workers in those blocks<br />

between London and Liverpool streets were<br />

accommodated in the CBD further south,<br />

how much busier might the retail shops and<br />

cafes be?<br />

What’s more, imagine how many people<br />

we might house in that same area, within<br />

walkable distance of the city centre, the river<br />

and sports stadiums.<br />

More recently, I’ve been asking the<br />

question of what to do about it now. How<br />

do we make a big CBD small again?<br />

It’s not as though we can just pick up<br />

those northern blocks and drop them in the<br />

downtown area.<br />

The last five to 10 years have seen significant<br />

re-invigoration and re-investment in the city<br />

centre – think Genesis Energy, <strong>Waikato</strong><br />

Regional Council, and ACC, not to mention<br />

the regional theatre due for completion next<br />

year.<br />

But there are still empty shops on our main<br />

street, and the area north of London remains<br />

low-rise, low density, and underutilised. A<br />

number of people or organisations have<br />

approached our practice with their concerns<br />

about the vibrancy of the downtown central<br />

city.<br />

To their credit, Hamilton City Council<br />

planners have grasped this challenge – or<br />

opportunity. The current district plan makes<br />

the distinction between the core CBD, the<br />

‘Downtown’ precinct, and what is termed<br />

‘City Living’ to the northern and western<br />

fringe, the objective being to encourage<br />

more residential and mixed use development<br />

around the fringes of the ‘Downtown’ area.<br />

However, in my view we could go a lot<br />

further.<br />

The central city zone features maximum<br />

height overlays that enable more building<br />

up rather than out, but why not have<br />

minimum height limits as well, or explore<br />

other mechanisms to encourage developers<br />

to build up? It seems crazy that we would<br />

allow single storey development to happen<br />

anywhere in our CBD.<br />

Likewise, if we view that it’s desirable<br />

to direct commercial activity to the core<br />

downtown area, we could limit commercial<br />

above ground level in the City Living<br />

precinct, to ensure that this area sees more<br />

of a residential focus.<br />

Those are only a couple of ideas for<br />

starters, but it’s important that our city<br />

planners and elected members - and those<br />

of us who vote for them – are both brave<br />

and creative in thinking about how we can<br />

shape a better, more vibrant central city for<br />

the future.<br />

• Phil Mackay is <strong>Business</strong> Development<br />

Manager for Paua Architects


16 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

A view from on high…<br />

Viv Posselt was present when sporting legend Rob Waddell shared<br />

his views on what leads to success<br />

Rob Waddell says<br />

a strong work<br />

ethic, striving for<br />

excellence, teamwork and<br />

leadership are the core<br />

values that bring success.<br />

Top those off with joy in<br />

whatever activity you feel<br />

driven to follow, says the<br />

only Kiwi to win Olympic<br />

gold at the Sydney Olympics<br />

in 2000 and arguably a<br />

“living legend”.<br />

Waddell is one of New<br />

Zealand’s most respected<br />

sporting sons and attributes<br />

much of this country’s global<br />

sporting success to its ability<br />

to collaborate effectively.<br />

Kiwi sporting agencies<br />

and organisations work<br />

particularly well together, he<br />

told last month’s Cambridge<br />

U3A (University of the Third<br />

Age) meeting.<br />

“We’re big enough to have<br />

economies of scale but not so<br />

big that we are clumsy. Our<br />

ability to share information<br />

gives us a competitive<br />

advantage internationally.”<br />

He said New Zealand’s<br />

ranking just outside the top<br />

10 listed Olympic nations<br />

rates the country just under<br />

some of the world’s far<br />

larger players, including<br />

the United States, Britain,<br />

China, Australia and France.<br />

Waddell’s multi-faceted<br />

involvement in New Zealand<br />

sport has spanned decades<br />

and covers his roles as a<br />

high-achieving athlete to<br />

that of a successful sports<br />

administrator. The former<br />

brought the talented rower<br />

acclaim as a New Zealand<br />

Olympic gold medallist and<br />

double world champion<br />

single sculler before he<br />

segued into a different<br />

role as America’s Cup<br />

yachtsman.<br />

He was named New<br />

Zealand’s Supreme ‘Halberg<br />

Awards’ Sportsperson of the<br />

year winner three times and<br />

made a fine fist of his later<br />

role as Chef de Mission of<br />

the New Zealand Olympic<br />

team, leading them through<br />

the 2014 Commonwealth<br />

Games in Glasgow and the<br />

Summer Olympics in 2016<br />

and 2022.<br />

His prowess at giving<br />

sports organisations a legup<br />

was shown through his<br />

involvement in helping<br />

secure $32 million in<br />

funding for the Cambridge<br />

velodrome, thereby<br />

providing a local base for<br />

New Zealand’s Home of<br />

Cycling, and through his<br />

extensive contribution<br />

to other organisations<br />

including the Halberg<br />

Disability Trust and Te Awa<br />

River Trust.<br />

He now runs a business<br />

from Cambridge building<br />

partnerships across sport,<br />

business and philanthropy.<br />

The determination that<br />

led to his success was shown<br />

early.<br />

The Te Kuiti-born athlete<br />

arrived in this world at a<br />

whopping 4700g (10lb<br />

6oz) and spent an idyllic<br />

childhood ranging the<br />

family farm in Piopio.<br />

Sporting success came<br />

early through Roller Mills<br />

rugby, the second oldest<br />

provincial rugby tournament<br />

in New Zealand after the<br />

Ranfurly Shield.<br />

It is for players aged 13 and<br />

under and weighing less than<br />

55kg from <strong>Waikato</strong>, Thames<br />

Valley, King Country, Bay of<br />

Plenty, Auckland, Counties-<br />

Manukau, North Harbour<br />

and Northland.<br />

“I remember the<br />

excitement of being<br />

presented with my King<br />

Country rugby jersey by Sir<br />

Colin Meads.”<br />

Despite finding it difficult<br />

to settle in to boarding life at<br />

Auckland’s King’s College,<br />

it was there he found his<br />

passion for doing well in life<br />

and where he found rowing<br />

as a way to focus it.<br />

“I was all arms, legs<br />

and large feet… but I was<br />

determined to do well from<br />

a young age because I didn’t<br />

really have any natural<br />

ability. I worked really hard<br />

at it, but at each stage, I<br />

just wanted to make the next<br />

team above the one I was<br />

in.”<br />

From then on Waddell did<br />

life at a cracking pace,<br />

surging through<br />

his competitive<br />

years to move<br />

into governance<br />

with a view to<br />

aiding sports<br />

organisations<br />

with strategy<br />

management<br />

and funding.<br />

Doing a U3A version of ‘Little and Large’, Cambridge U3A’s standard-sized Lyndall Hermitage<br />

squares up to 2m tall Rob Waddell before his talk.<br />

Strategy keeps <strong>Waikato</strong> at the fore of business events<br />

ADVERTORIAL<br />

Anew strategy aims<br />

to see the <strong>Waikato</strong><br />

business events<br />

industry go from<br />

strength to strength.<br />

Launched this month, the<br />

<strong>2023</strong>-2026 <strong>Waikato</strong> <strong>Business</strong><br />

Events strategy was developed<br />

by Hamilton & <strong>Waikato</strong><br />

Tourism in partnership with<br />

event industry leaders and<br />

other key stakeholders, such<br />

as Te Waka and industry<br />

bodies.<br />

It comes on the back of<br />

a solid performance in Q2<br />

<strong>2023</strong>, with the latest figures<br />

from the <strong>Business</strong> Events<br />

Data Programme showing<br />

the region’s market share is<br />

third only to Auckland and<br />

Wellington.<br />

Hamilton & <strong>Waikato</strong> Tourism<br />

Events Manager, Aimee Tyson,<br />

says <strong>Waikato</strong> remains<br />

New Zealand’s leading regional<br />

business events destination.<br />

“While the COVID-19<br />

pandemic hit the business<br />

events sector particularly<br />

hard, our share of the market<br />

remained largely stable<br />

between Q3 2020 and Q2<br />

<strong>2023</strong>.<br />

“We’ve also maintained<br />

our position during a period<br />

where other regional centres<br />

have increasingly prioritised<br />

the attraction and retention of<br />

business events.<br />

“That kind of performance<br />

really speaks to the strength<br />

of what we’ve got to offer<br />

here in the <strong>Waikato</strong> and<br />

to the professionalism of<br />

our local events people,<br />

delivering memorable delegate<br />

experiences resulting in<br />

businesses wanting to come<br />

back.”<br />

The strategy considers<br />

how to build on the region’s<br />

strengths, including its<br />

prime location, awardwinning<br />

venues and thriving<br />

industry sectors such as<br />

agriculture, technology and<br />

high value manufacturing.<br />

It also considers how to<br />

address challenges like<br />

accommodation constraints,<br />

intensifying competition and<br />

workforce shortages, in order<br />

to remain competitive.<br />

“It’s a blueprint for the<br />

considered growth of business<br />

events in the <strong>Waikato</strong> over the<br />

next three years, as well as<br />

laying important groundwork<br />

for the future,” Tyson says.<br />

“We know a thriving<br />

business events sector<br />

supports a thriving region.<br />

We want to ensure the<br />

business events we bring<br />

to the <strong>Waikato</strong> contribute<br />

positively across all four<br />

well-beings – cultural, societal<br />

and environmental, as well<br />

as economic – in line with the<br />

focus on regenerative tourism<br />

in both New Zealand’s Tourism<br />

Industry Transformation Plan<br />

and <strong>Waikato</strong> Destination<br />

Management Plan.<br />

“Regenerative tourism<br />

ensures tourism gives back<br />

more to people and places<br />

than it takes, contributing to<br />

a positive, enduring legacy for<br />

the region.”<br />

<strong>Business</strong> events contribute<br />

to the region in many ways,<br />

whether through local<br />

delegates spending money at<br />

local businesses, or through<br />

facilitation of knowledge<br />

creation and exchange,<br />

attracting trade, external<br />

investment and talent.<br />

Event organisers play<br />

an important role in these<br />

outcomes and a growing<br />

number are supporting<br />

regional communities by<br />

prioritising local suppliers,<br />

sharing of local culture, or<br />

contributions – whether<br />

financial or through<br />

participation – to community<br />

groups or environmental<br />

causes.<br />

“There is a lot of value in<br />

what business events bring to<br />

the <strong>Waikato</strong>, over and above<br />

the economic benefits they<br />

provide.<br />

“As an industry, we’re very<br />

much looking forward to<br />

seeing where that might take<br />

us in the future.”<br />

Meet in the <strong>Waikato</strong>!<br />

The <strong>Waikato</strong> has award winning venues, unique attractions,<br />

and a group of friendly event professionals ready to help<br />

you deliver an exeptional event.<br />

We’re here to assist with your event planning - meetwaikato.com


NOVEMBER <strong>2023</strong><br />

MORTGAGE ADVICE<br />

The problem with all<br />

stick and no carrots<br />

By CLAIRE WILLIAMSON<br />

WAIKATO BUSINESS NEWS 17<br />

TOURISM<br />

Tourism dollars<br />

are good for all<br />

By NICOLA GREENWELL<br />

In another life, I spend a<br />

lot of time in the bush, taking<br />

action to support nature and<br />

biodiversity to improve and<br />

grow, and restore native<br />

forests and ecosystems.<br />

A lot of nature is about<br />

symbiosis - our native trees<br />

and birds rely on each other<br />

for survival and longevity,<br />

and it’s magical how these<br />

two come together for food,<br />

seed dispersal and the longterm<br />

success of both species.<br />

This is how I’d like us to<br />

think about providing rental<br />

accommodation in New<br />

Zealand; property owners<br />

being trees that need to<br />

attract birds to spread their<br />

seeds. The birds are like<br />

tenants who come and go,<br />

but often birds return to<br />

areas where there has always<br />

been a good food source of<br />

food over time.<br />

Property has long been the<br />

choice for “mum and dad” to<br />

put their money. Bricks and<br />

mortar, whether residential<br />

or commercial, has been seen<br />

as a ‘safe’ investment that<br />

appreciates over time, and<br />

you can drive down the street<br />

and see with your own eyes.<br />

In recent years, the balance<br />

in property investment<br />

businesses has been affected<br />

by several factors, many of<br />

which have been legislated<br />

by central Government and<br />

are now starting to bite<br />

across the sector.<br />

This includes the extension<br />

of the Bright Line Test to 10<br />

years for existing properties<br />

and five years for new<br />

builds. The loss of interest<br />

deductibility for rental<br />

property businesses, the<br />

Healthy Homes standards<br />

in 2019, the changes to the<br />

Residential Tenancies Act,<br />

and the Credit Contract and<br />

Consumer Finance Act are<br />

some of the other changes<br />

we’ve seen hit investors.<br />

It looks as though<br />

National and Act policies<br />

will be front and centre as a<br />

result of the election. It will<br />

be important to address a<br />

problem we’ve been ignoring<br />

for too long - the demand<br />

for rental properties is<br />

starting to outstrip supply by<br />

a considerable amount, and<br />

this having a negative impact<br />

on tenants.<br />

The big issues we’re trying<br />

to tackle are for tenants to<br />

have the option of warm,<br />

dry, safe homes, ideally for<br />

a decent length of time, so<br />

they can put down roots as<br />

a family and have a level of<br />

certainty about their futures.<br />

Investors want good<br />

tenants to pay their rent,<br />

low maintenance homes,<br />

and a modest return on their<br />

investment, and largely the<br />

freedom to do what they<br />

want with their properties<br />

within reason.<br />

I believe we’re currently<br />

looking at it all wrong,<br />

and we’re all stick and no<br />

carrot. There’s not enough<br />

consideration to pull towards<br />

the positive - where do these<br />

two ‘needs’ intersect?<br />

Warm, dry homes (up to<br />

standard) - big tick for the<br />

Healthy Home rules here<br />

Certainty over time,<br />

both in rent and tenure of<br />

occupation. Why can’t we<br />

incentivise these outcomes?<br />

For investors, if they<br />

provide all these things<br />

(perhaps even guaranteed<br />

rent) for a period of three<br />

years, couldn’t they receive<br />

some form of small tax<br />

benefit? Would that stop the<br />

incidences of selling quickly,<br />

flipping properties, and<br />

having to vacate properties<br />

to maintain them?<br />

For tenants, if they had<br />

certainty of tenure and<br />

rental payments and<br />

successfully completed their<br />

term, could they get some<br />

kind of universally accepted<br />

recommendation?<br />

I’m seeing so many<br />

landlords fed up with<br />

trying to meet a plethora of<br />

legislation requirements,<br />

unable to meet tax payments,<br />

and worrying about whether<br />

their tenants will look after<br />

their property or not. It’s<br />

not encouraging the supply<br />

of better quality, long-term<br />

accommodation, which New<br />

Zealand desperately needs.<br />

I’d love to see the new<br />

government do more to fix it<br />

than just oppose legislation<br />

that wasn’t fit for purpose.<br />

Incentivising positive<br />

behaviour, creating some<br />

real benefits to those who<br />

are putting their money into<br />

building up good quality<br />

rental stock with long-term<br />

outcomes in mind.<br />

And while I advocate daily<br />

for home ownership for<br />

more Kiwis, there are many<br />

who can’t afford to buy a<br />

property, or choose not to<br />

own their own property. They<br />

too deserve the right to put<br />

down roots in a community,<br />

live in good quality homes,<br />

and raise their families in an<br />

environment of certainty.<br />

And some of the great<br />

forests of Aotearoa prove<br />

what’s possible when<br />

symbiosis is at its best. Long<br />

living, quality ecosystems<br />

full of thriving trees, birds<br />

and people.<br />

• Claire Williamson is a<br />

mortgage advisor for My<br />

Mortgage<br />

Tourism is back and so is<br />

its impact on business in the<br />

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

With spring well and<br />

truly here in the <strong>Waikato</strong><br />

as a tourism industry we<br />

now turn our attention to<br />

the coming Christmas and<br />

summer season, which is<br />

shaping up to be a busy one.<br />

With the growing air<br />

connectivity from of key<br />

international markets, we<br />

are hearing of predictions<br />

of an influx of international<br />

visitors to our shores, and<br />

if the long-range weather<br />

forecasts materialise, we’re<br />

in for an extended and<br />

scorching summer. A sunfilled<br />

summer not only<br />

means more international<br />

visitors but also more<br />

New Zealanders exploring<br />

our beautiful backyard. In<br />

terms of numbers some are<br />

predicting higher than 2019<br />

visitor numbers and if our<br />

recent months statistics are<br />

anything to go by then this<br />

could be correct.<br />

In August, we welcomed<br />

an average of 51,000 visitors<br />

to the region each day. Of<br />

these, 88 per cent were<br />

domestic visitors and 12 per<br />

cent came from overseas.<br />

In dollar terms, the<br />

impact of those numbers is<br />

significant. In the 12 months<br />

to the end of July, domestic<br />

and international visitors<br />

spent $757 million and<br />

$106.4 million respectively<br />

in the <strong>Waikato</strong>, according<br />

to Tourism Electronic Card<br />

Transactions data. Both<br />

are an increase on 2019<br />

pre-Covid visitor spend –<br />

domestic spend showing<br />

an increase of 18% and<br />

international is up 13 per<br />

cent.<br />

International<br />

visitor<br />

spend was up across<br />

all product categories<br />

compared to the same time<br />

last year, with particularly<br />

impressive growth in<br />

‘cultural, recreation and<br />

gambling services’, such as<br />

concerts, festivals and other<br />

events, and ‘other tourism<br />

products’, such as guided<br />

experiences.<br />

‘Retail sales – other’,<br />

which includes things like<br />

clothing, home appliances,<br />

electronics and books, has<br />

the highest share of both<br />

domestic and international<br />

tourism spend in the<br />

<strong>Waikato</strong>, at 26 per cent and<br />

23 per cent of total spend<br />

respectively.<br />

These figures demonstrate<br />

that the economic value<br />

tourism brings to our region<br />

stretches beyond those<br />

directly involved in tourism<br />

- accommodation providers,<br />

tourism operators and<br />

hospitality businesses.<br />

Tourism is generating<br />

growth and creating jobs<br />

for local businesses of all<br />

sizes such as mechanics,<br />

butchers, petrol stations,<br />

supermarkets and<br />

hairdressers.<br />

As the organisation<br />

charged with promoting<br />

the <strong>Waikato</strong> to the world<br />

and converting interest<br />

and inspiration into action,<br />

we’re incredibly proud of<br />

our collective industry’s<br />

work behind these figures.<br />

Alongside the region’s<br />

vibrant and talented<br />

communities, councils,<br />

tourism operators and<br />

other businesses, as well as<br />

national organisations like<br />

Tourism New Zealand, our<br />

team plays a key part in the<br />

success of tourism in the<br />

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

This year we’ve brought<br />

international travel media to<br />

the region to help showcase<br />

the <strong>Waikato</strong> on the world<br />

stage through hosting<br />

international broadcast<br />

media and influential travel<br />

sellers, and promoting the<br />

best the region has to offer<br />

to Kiwis through campaign<br />

activations.<br />

As well as launching a new<br />

<strong>Business</strong> Events Strategy<br />

and hosting leaders from<br />

New Zealand and Australia<br />

as part of the Ausae Linc<br />

Conference and offering<br />

educational opportunities<br />

for our tourism operators<br />

to upskill themselves in<br />

management and marketing<br />

practises.<br />

And it’s paying off. While<br />

there is no clear data set,<br />

if we conservatively equate<br />

our efforts to just one per<br />

cent of the $757 million<br />

domestic and $106.4 million<br />

international visitor spend<br />

in the 12 months to the end<br />

of July, that’s a total of $8.6<br />

million extra we would have<br />

brought into the region and<br />

put in the pockets of local<br />

community businesses,<br />

as well as accommodation<br />

providers, tourism operators<br />

and hospitality businesses.<br />

But it doesn’t stop there.<br />

We recognise a thriving<br />

regional tourism industry<br />

is good for business<br />

and a thriving business<br />

community is good for<br />

tourism. Opportunities<br />

for tourism and business<br />

to continue to grow in the<br />

<strong>Waikato</strong> are abundant and<br />

I, for one, look forward to<br />

continuing to explore them.<br />

• Nicole Greenwell is the<br />

Chief Executive of Hamilton<br />

and <strong>Waikato</strong> Tourism<br />

TALKING ECONOMICS<br />

Time for another shake-up<br />

By PETER NICHOLL<br />

The major state-sector reforms<br />

of the late 1980s gave the New<br />

Zealand public sector a huge<br />

shake-up. Its size was significantly<br />

reduced and its performance<br />

significantly improved.<br />

The impact of these reforms<br />

has gradually faded over the last<br />

35 years to the point where it is<br />

hard to know what the systems<br />

of performance monitoring and<br />

accountability are in the New<br />

Zealand public sector today. There<br />

are many examples of poor delivery<br />

of outcomes by government<br />

agencies, but nobody seems to take<br />

responsibility, and nobody seems<br />

to be held accountable.<br />

What we do know is that the<br />

public service has got a lot bigger<br />

again. On June 30, 2017, the public<br />

sector employed 348,000 people<br />

or 13.8 per cent of the work force.<br />

By the end of 2022, that number<br />

had risen to 448,000 or 18.7 per<br />

cent of the work force.<br />

On top of this, most Government<br />

Departments make significant use<br />

of outside consultants for many<br />

of their projects. The spending on<br />

consultants in 2022-23 was just<br />

over $1200 million. The muchvaunted<br />

‘do-it-yourself’ mentality<br />

of New Zealanders seems to have<br />

disappeared from our public<br />

service.<br />

While the number of public<br />

servants has risen strongly,<br />

satisfaction with the delivery of<br />

outcomes from the public service<br />

has fallen. Last year, a survey on<br />

the “Mood of the Boardroom’ gave<br />

the public service a score of only<br />

1.63 out of 5 for the ‘execution<br />

and delivery of policies’. That’s an<br />

extremely low score. Examples of<br />

poor delivery from public sector<br />

agencies appear in our newspapers<br />

frequently. The latest one was the<br />

Electorate Commission failing to<br />

get easy-vote cards to almost a<br />

million voters before the recent<br />

election.<br />

Another survey done last<br />

year titled ‘Working in the<br />

Public Service’ also had some<br />

worrying conclusions. Many of<br />

the respondents said that most<br />

government agencies are riskaverse<br />

and tell ministers what they<br />

think they want to hear. That isn’t<br />

being an advisor. The ministers<br />

are the decision-makers, but their<br />

advisors should give them a range<br />

of options on most issues and if the<br />

advisor thinks something being<br />

considered by a minister would<br />

not be a good policy, they should<br />

say so – and why.<br />

Also, public agencies are<br />

spending more and more on<br />

communication but most of what<br />

is being communicated is more<br />

accurately described as advertising<br />

than information or accountability.<br />

I have been told that the Reserve<br />

Bank of New Zealand now has<br />

26 people in its Public Relations<br />

Department. When Don Brash<br />

was Governor and I was Deputy<br />

Governor, there were 3 public<br />

relations staff – and Don made a<br />

lot of speeches.<br />

The focus of much of the public<br />

sector now seems to be on writing<br />

reports, media campaigns and<br />

advertising programmes rather<br />

than implementing policies.<br />

The new government will have<br />

to reform the public sector’s<br />

culture urgently so the emphasis<br />

goes back on implementation -<br />

and accountability is based on<br />

outcomes and not on writing<br />

long reports or having fancy<br />

advertisements campaigns. If they<br />

don’t, they will have a hard job<br />

implementing their policies too.<br />

The public service, not the<br />

cabinet, is the delivery mechanism<br />

for a government’s policies.<br />

• Peter Nicholl is a former deputy<br />

governor of the Reserve Bank of<br />

New Zealand


18 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

How is Artificial Intelligence impacting you?<br />

ADVERTORIAL<br />

Artificial Intelligence (AI) is<br />

emerging as the defining<br />

technology of our age, with<br />

many industries already<br />

utilising AI in some form whether you<br />

know it or not.<br />

Examples of AI include:<br />

• ‘Personal assistants’ such as Alexa<br />

and Siri and customer chatbots<br />

• Machine learning customer<br />

analytics to predict and<br />

recommend actions to prevent<br />

customer turnover<br />

• Retailers being able to predict<br />

customer orders in advance<br />

• Customised robo-advice for<br />

consumer investments<br />

• Intelligent process automation<br />

(robotic process automation<br />

combined with AI)<br />

• Optimising the scheduling and<br />

rescheduling of healthcare<br />

appointments, including prediction<br />

of non-attendance<br />

• Tesla Autopilot driver assistance<br />

system.<br />

The next big thing<br />

Almost every aspect of our daily lives<br />

has been digitised. Internet and mobile<br />

technologies have transformed the way<br />

that we live and work. A new wave of<br />

technology is now coming through, and<br />

it centres on data. 72% of US business<br />

leaders believe AI will be the business<br />

advantage of the future. AI will utilise<br />

data to assist us with the many tasks<br />

that we currently do ourselves today<br />

and will be able to do things that we’ve<br />

never even conceived of before.<br />

AI at work<br />

Commercially applied AI has expanded<br />

in recent years, driven by a combination<br />

of computing power, the availability of<br />

huge datasets and advances in machine<br />

learning techniques. AI enables<br />

machines to respond on their own to<br />

signals from the world at large, signals<br />

that programmers do not directly<br />

control and therefore can’t anticipate.<br />

The fastest growing category of AI<br />

is machine learning, the ability of<br />

software to improve its own activity,<br />

based on interaction with the world at<br />

large.<br />

The spectrum of AI can be divided into<br />

three areas:<br />

• Assisted Intelligence; widely<br />

available today, improves what<br />

people and businesses are already<br />

doing<br />

• Augmented Intelligence; emerging<br />

today, enables people to do things<br />

they couldn’t otherwise do<br />

• Autonomous Intelligence;<br />

being developed for the future,<br />

establishes machines that act on<br />

their own<br />

PwC’s Global Artificial Intelligence<br />

Study<br />

Highlights from our Global AI Study<br />

include:<br />

• AI has a potential contribution of<br />

$15.7 trillion to the global economy<br />

by 2030 Up to 10.4% boost in GDP<br />

for local developed Asia economies<br />

(including Australia and New<br />

Zealand) from AI by 2030<br />

• Labour productivity improvements<br />

- driving initial GDP gains as firms<br />

seek to “augment” the productivity<br />

of their labour force with AI<br />

technologies and to automate<br />

some tasks and roles<br />

• 45% of total economic gains by<br />

2030 will come from product<br />

enhancements. AI will drive greater<br />

product variety, with increased<br />

3%<br />

personalisation, attractiveness and<br />

affordability over time.<br />

AI is set to be the key source<br />

of of transformation, jobs at potential disruption risk of automation and<br />

competitive by early 2020s advantage in today’s fast<br />

Strategy<br />

Data & AI Ethics<br />

Consider the moral<br />

implications of uses of<br />

data and AI and codify<br />

them into your<br />

organization’s values.<br />

Policy & Regulation<br />

Anticipate and<br />

understand key public<br />

policy and regulatory<br />

trends to align<br />

compliance processes.<br />

changing economy.<br />

Impact on jobs<br />

We analysed over 200,000 jobs in 29<br />

countries to explore the economic<br />

benefits and potential challenges posed<br />

by automation.<br />

AI will both generate the demand<br />

for many jobs, but there are also<br />

concerns that it could displace many<br />

existing jobs. Job displacement will<br />

increase over time as AI technologies<br />

mature and are rolled out across the<br />

economy. Autonomous vehicles and<br />

other machines will replace many<br />

manual tasks and increased automation<br />

will impact those in clerical and other<br />

administrative jobs.<br />

While AI may displace certain jobs,<br />

it is forecast to create more jobs than it<br />

displaces. Some business sectors will<br />

be impacted more than others, with<br />

increases expected in health and social<br />

work, education and professional,<br />

scientific and technical services.<br />

AI will also increase productivity<br />

and make jobs more enjoyable by<br />

automating the more mundane tasks<br />

within a job role, enabling people to<br />

focus more on creative and teamwork<br />

aspects of their job.<br />

Four steps to making the most out of AI:<br />

1. Work out what AI means for your<br />

business<br />

The starting point for strategic<br />

evaluation is a scan of the<br />

technological developments and<br />

competitive pressures within<br />

your sector, how quickly they<br />

will arrive and considering how<br />

you will respond. You can also<br />

identify operational pain points or<br />

opportunities that AI could address<br />

both with what is available now<br />

and more importantly, where the<br />

technology is heading in the future.<br />

2. Prioritise your response<br />

In determining your strategic<br />

evaluation, consider these key<br />

questions: What is your appetite<br />

and readiness for change? Do you<br />

want to be an early adopter, fast<br />

follower or follower? Your answers<br />

will assist in determining how the<br />

different AI options can help you<br />

deliver your business goals.<br />

3. Make sure you have the right<br />

talent and culture, as well as<br />

technology<br />

Investment in AI is expensive<br />

now, but it is anticipated that the<br />

of jobs costs at potential will decline risk over of automation the next ten<br />

by mid-2030s years as the software becomes<br />

more commoditisied. While the<br />

enabling technology is likely to be<br />

increasingly commoditisied, the<br />

supply of data and how it’s used are<br />

set to become the primary assets.<br />

4. Build in appropriate governance<br />

and control<br />

Trust and transparency are<br />

critical. For example, in relation<br />

to autonomous vehicles, AI<br />

requires people to trust their<br />

lives to a machine - a huge leap<br />

of faith for both passengers and<br />

public policymakers. Anything<br />

that goes wrong (malfunction or<br />

crash) is headline news. And this<br />

reputational risk applies to all<br />

forms of AI, not just autonomous<br />

vehicles. Customer engagement<br />

bots have been known to acquire<br />

biases through training or<br />

manipulation.<br />

Key AI risks<br />

• Biased, offensive or misleading<br />

content - AI is only as good as the<br />

data it was trained on.<br />

• Novel privacy breaches - AI’s ability<br />

to connect data from within the<br />

vast datasets could compromise<br />

your privacy controls.<br />

• Unsafe models built on theft - with<br />

so much data underlying some AI,<br />

you may not know its source or if<br />

you have permission to use it.<br />

• Inadvertently sharing your<br />

intellectual property - without care,<br />

you could find your proprietary<br />

data and insights from the<br />

information you enter into a<br />

generative AI model becoming part<br />

of the database and widely shared.<br />

• Hallucinations threaten<br />

performance - Generative AI is<br />

good at coming up with convincing<br />

answers, but sometimes its<br />

answers are flat-out wrong, yet<br />

presented authoritatively.<br />

• Cyber Threats - AI can assist<br />

malicious actors to impersonate<br />

someone’s writing style, manner<br />

of speech and facial expressions.<br />

This could then be used to spread<br />

misinformation or to attempt to<br />

convince you to share sensitive<br />

data or lead to financial loss.<br />

Responsible AI - some mitigations for<br />

the risks<br />

• Equip users for responsible use<br />

Control ds<br />

Responsible Practices Core Practices<br />

Governance<br />

Enable oversight of<br />

systems across the<br />

three lines of defense.<br />

Compliance<br />

Comply with regulation,<br />

organizational policies,<br />

and industry standards.<br />

Risk Management<br />

Expand transitional risk<br />

detection and mitigation<br />

practices to address<br />

risks and harms unique<br />

to AI.<br />

30%<br />

Interpretability &<br />

Explainability<br />

Enable transparent<br />

model decision making.<br />

Sustainability<br />

Minimize negative<br />

environmental impact<br />

and empower people.<br />

Robustness<br />

Enable high performing<br />

and reliable systems.<br />

Bias & Fairness<br />

Define and measure<br />

fairness and test<br />

systems against.<br />

Security<br />

Enhance the<br />

cybersecurity of systems.<br />

Privacy<br />

Develop systems that<br />

preserve data privacy.<br />

Safety<br />

Design and test systems<br />

to prevent physical harm.<br />

44%<br />

and oversight - teach employees<br />

of workers who use with AI low the basics education of how at risk it<br />

of automation works, when by mid-2030s<br />

and how to use it, and<br />

Problem<br />

Formulation<br />

Identify the concrete<br />

problem you are<br />

solving for and whether<br />

it warrants an AI/ML<br />

solution<br />

Standards<br />

Follow industry<br />

standards and best<br />

practices.<br />

when and how to verify or modify<br />

outputs<br />

• Set risk based priorities - based<br />

upon your use of AI, assess the<br />

risks and give greatest attention to<br />

the greatest risks<br />

• Revamp cyber, data and privacy<br />

protections - update your policies<br />

and processes to help mitigate the<br />

risks from malicious actors<br />

• Watch the regulatory landscape -<br />

policymakers around the world are<br />

issuing more and more guidance<br />

on AI development and usage<br />

• Monitor third parties - know which<br />

of your vendors provide content or<br />

services that use AI (including the<br />

software and applications you use -<br />

e.g. Microsoft Copilot for Office)<br />

• Oversight - consider emerging<br />

software tools to identify AIgenerated<br />

content, verify its<br />

output, assess it for bias or privacy<br />

violations and add citations as<br />

needed<br />

Right from the start<br />

It’s better to implement confidence by<br />

design and ethics by design from the<br />

start, rather than racing to close gaps<br />

after systems are up and running. PwC<br />

has a responsible AI framework that<br />

can help manage these risks and others<br />

too. It delivers confidence by design<br />

through the entire AI lifecycle, with<br />

frameworks, templates and code-based<br />

assets and it is relevant at all levels of<br />

your organisation.<br />

Validation<br />

Evaluate model<br />

performance and<br />

continue to iterate on<br />

design and<br />

development to<br />

improve metrics.<br />

Monitoring<br />

Implement continuous<br />

monitoring to identify<br />

drifts and risks.<br />

• For more information visit www.<br />

pwc.co.nz/services/risk-services/<br />

what-is-responsible-ai.html<br />

Local Contact:<br />

Aaron Steele, Director,<br />

Risk Assurance, PwC


NOVEMBER <strong>2023</strong><br />

WAIKATO BUSINESS NEWS 19<br />

Applauding future leaders<br />

<strong>Waikato</strong>’s best young talent was celebrated last month at the annual Young Enterprise Awards at Wintec. Photos: Deearn Strawbridge<br />

Foster Construction’s Runner Up was Reusaballs from Sacred Heart Girls College. Pictured with Lee<br />

Patchett were, from left, Ashleigh Smith, Helen De Vries, Abigail Young, Mia Hartstone and Anna<br />

Miles.<br />

<strong>Waikato</strong> Chamber of Commerce’s Excellence in Financial Management Award went to UniquelyMe<br />

(Sacred Heart Girls College) from left, Ruby Hermann, Isabella Anstis, and Savanna Van Der Lee.<br />

They were pictured with Liam Rodden (left) and Danielle Quigg and Rob Finlayson.<br />

The <strong>Waikato</strong> <strong>Business</strong> <strong>News</strong>’ Excellence in<br />

Promotion and Marketing Award went to Khushi<br />

Sehgal and Jason Cheng of Cheeky Chocolates at<br />

Fraser High School.<br />

CAL Isuzu’s Excellence in Innovation Award went to Tyred Dogz from Hauraki Plains. Alex Boles<br />

was pictured with students, from left, Anna Hart, Sophie Pepper, Ryan Denize, and Julian Upfold<br />

The Excellence in Sustainability Award went to<br />

Sprowt (St Peters Cambridge), represented by<br />

Maia Williams, pictured with Smart <strong>Waikato</strong>’s<br />

Mary Jensen.<br />

The Excellence in Sales Award was won by <strong>Waikato</strong> Diocesan School for Girl’s Bubble No Trouble<br />

- from left, Marina Lyu, Charlotte Bryant and Meg Crawford.<br />

The Best Annual Review award went to Play Kāri (<strong>Waikato</strong> Diocesan School for Girls) and was<br />

presented by Maja Murray. The team comprised Anna Hansen and Emerson Wright.<br />

<strong>Waikato</strong> University’s Excellence in Leadership<br />

Award went to Anna Hart (Hauraki<br />

Plains College) and was presented by Paula Sutton<br />

The <strong>Waikato</strong> Pacific <strong>Business</strong> Network’s Pasifika Enterprise Award went to Doughnas (Sacred Heart<br />

Girls College) and was presented by Rachel Afeaki. The team included Ann Kaninteang, Francesca<br />

Tongol and Raukura Hodges-Macdonald<br />

EMA’s Excellence in Production Award was<br />

awarded to Down to Earth, Hamilton Boys<br />

High School and presented by Kerri Gorrett


20 WAIKATO BUSINESS NEWS<br />

NOVEMBER <strong>2023</strong><br />

“Fosters are a superb<br />

team with an innate<br />

ability to manage<br />

stressful situations<br />

and deliver solutions...”<br />

John Daley, Mainstream<br />

Mainstream’s new 2,400m 2 transit freight facility was<br />

constructed in just 5 months, creating cost savings for the<br />

business, and enabling operations to be up and running 4<br />

weeks ahead of schedule.<br />

Mainstream Property Manager John Daley says Fosters was<br />

considered for the job because they were part of the New<br />

Zealand Construction Alliance, with whom Mainstream had<br />

worked to build their Palmerston North depot.<br />

He adds that Fosters won the tender due to their collaborative<br />

approach from the outset.<br />

“Fosters were not the cheapest, nor the most expensive” says<br />

John. “We were simply impressed by how proactive they<br />

were in establishing a relationship and then working through<br />

the tender process. From the get-go, Fosters made it clear<br />

that they would give feedback on the design and areas of<br />

improvement. We welcomed that engagement.”<br />

Fosters knowledge of the area was another key strength,<br />

according to John. “Having an intimate understanding of their<br />

backyard - where and what they were building - they projected<br />

a sense of confidence all the way through.”<br />

The construction agreement was signed in January <strong>2023</strong> and<br />

key materials procured by the end of March, which is when the<br />

construction team broke ground. By the end of August, John<br />

had the keys to the building.<br />

“That turnaround is simply amazing” says John. “I talk to plenty<br />

of people about this job and delivery in five months is unheard<br />

of.<br />

“Fosters are a superb team with an innate ability to manage<br />

stressful situations and deliver solutions, which we very much<br />

appreciated.”<br />

Specific features in the project included installation of pallet<br />

racking, 126 solar panels on the roof, high-end EV charging for<br />

standard and heavy-duty vehicles, rain water collection tanks<br />

for grey water use, and data cabling and security provisions.<br />

“Scheduling contractor work and connectivity added extra<br />

challenges alongside a demanding construction programme,<br />

but Fosters managed it all exceptionally well.<br />

“With their collaborative approach and operational efficiency,<br />

Fosters absolutely exceeded our expectations. We got a highquality<br />

build, delivered ahead of programme and on budget.”<br />

Got a build project in mind?<br />

Get in touch with Fosters today!<br />

FOSTERS.CO.NZ<br />

07 849 3849

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