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February 2020 e-pānui Issue nine • February 2020 Editorial Highlights Kia ora koutou Economic indicators Hawke’s Bay economic vocational education. NZIST is looking for Welcome to issue 9 of e-pānui, the confidence 2nd highest a vibrant location in which to create a regional development newsletter in the country of Business Hawke’s Bay (BHB). new kind of organisation that will deliver work-based, off-the-job and vocational It’s a new year and a new decade. learning and training through a network Success At BHB we have being taking stock, across the country. Together with our Peter Beck of Rocket Lab looking back at where we’ve come from region’s leaders, BHB thinks that Hawke’s is a finalist for the New over the past nine years, assessing where Bay can deliver all the requirements that Zealander of the Year we are now and thinking about where we NZIST needs to be successful. want to go. Late last year we decided The full and ongoing impact that Attract to substantially increase our support for Hawke’s Bay bids to be Coronavirus will have on New Zealand technology in action and together with home for the NZ Institute and Hawke’s Bay is yet to be understood. industry and training providers, have of Skills and Technology Early and obvious impacts are a formed Hi-Tech Hawke’s Bay, an action reduction in visitor numbers and export group to connect technology specialists earnings for pip fruit and meat going to Build across all sectors. The aim is to help China. But the wider extent is unknown. Pan Pac CEO retires local businesses to go further, faster and We are working with national economists after 45 years support a dynamic world class hi-tech to project what this might look like for ecosystem by connecting businesses with Hawke’s Bay. Government has provided Connect networking events, expertise, education, information for business at: https://bit. Business Hawke’s Bay innovation, inspiration and investment ly/2VghZGB key appointment opportunities. Response from businesses and tech specialists has been fast and As usual, e-pānui is full of fantastic Standing room only for supportive; we already have 50 members content to keep you up-to-date with Spark CEO Jolie Hodson of Hi-Tech Hawke’s Bay and achieved a important happenings. In this issue fantastic turnout for our first event of the we celebrate BHB board member year, hosting Spark CEO Jolie Hodson. and Pan Pac Forest Products CEO Events Doug Ducker, who retires from Pan Pac Breakfast with technology We joined with the region’s five councils, after 45 years. leader Anita Sands lodging a strong bid to be the new home for the headquarters of the Institute Ngā mihi of Skills and Technology (NZIST). It’s a Carolyn Neville fantastic opportunity for Hawke’s Bay to CEO Business Hawke’s Bay be at the centre of vocational learning, and support a major new initiative in Whaowhia te kete mātauranga To receive e-pānui direct to your inbox, email [email protected] Fill the basket of knowledge with newsletter in the subject line. 1 Business Hawke’s Bay • 06 650 1711 • [email protected] ATTRACT • BUILD • CONNECT • businesshb.nz Business Hawke’s Bay • e-pānui • February 2020 Economic Indicators Hawke’s Bay and New Zealand GDP for Hawke’s Bay grew 3.6% for the 12 months to December’ 19 Hawke’s Bay unemployment is 4.4% (Year to December ’19) Consumer spending for December ’19 quarter increases by 7.2% to reach $577m Gisborne/Hawke’s Bay regional economic confidence rises 7 points to net 27 positive - the second highest in the country Business confidence improves for December ’19 quarter. A net 26 percent expected conditions to deteriorate, down from 35 percent in the previous quarter. The number of Hawke’s Bay properties sold for >$1 million increases by 88 percent in 2019 (source REINZ) 2019 Median sale price of Hawke’s Bay houses increases 11 percent to reach $493,000 2 ATTRACT • BUILD • CONNECT • businesshb.nz Business Hawke’s Bay • e-pānui • February 2020 Success 51-year-old, Martin Thornicroft Peter Beck of Rocket Lab is one Yummy Brands SweeTango from Napier completes his of three finalists in Kiwibank’s apple (grown under licence in panel beating apprenticeship. New Zealander of the year NZ) hold the Guinness World Smashed it! awards. To infinity and beyond! Record for the loudest crunch of an apple. Boom! Napier’s Ocean Adamson has The late Patrick Tama O’Brien won a place in acclaimed kiwi was named as Hawke’s Bay Nourished for Nil which choreographer Paris Goebel’s Today Person of the Year for sources and redistributes dance crew, The Royal Family. 2019. Arohanui. unwanted food, is opening Goebel choreographed a Napier branch. Fantastic! Jennifer Lopez’s Superbowl Hastings, Napier and Taradale 2020 half time performance. RSAs raised more than $30k Awesome! to give some of the exhausted firefighting crews in Australia a getaway break to the Bay. Fabulous! #MEET ME AT THE HUB for your next HUI, MEETING or BUSINESS EVENT MEETING ROOM HIRE FOR YOUR... Training & PD • Workshop or seminar Coaching & mentoring • Team building Product launch • Networking function Board meeting • Strategic planning day Spaces for 1-50+ people Cost-effective rates BOOK NOW OR FIND OUT MORE CLICK HERE hbbusinesshub.nz • [email protected] • 06 650 1711 • 36 Bridge Street, Ahuriri 3 ATTRACT • BUILD • CONNECT • businesshb.nz Business Hawke’s Bay • e-pānui • February 2020 Attract – Promoting Our Place Kiwibank, Xero and NZ Police, but also Hawke’s Bay bids to be home for NZIST strong networks delivering measurable Contribution from the five councils of Hawke’s Bay and Business Hawke’s Bay results across multi-layered projects. Hawke’s Bay has lodged a strong bid learning is of huge importance to our “Our region has the advantage of to be the new home for the Institute community and economy.” being centrally located with excellent of Skills and Technology (NZIST). Napier Mayor Kirsten Wise says transport links as well.” the region has a vested interest in The region’s mayors and regional council The joint application was lodged by promoting innovation in vocational chair fully support the application to a number of Hawke’s Bay agencies education and learning as a way permanently locate the headquarters and organisations including the five to develop homegrown talent, and of NZIST in Hawke’s Bay; as it seeks councils, EIT, Business Hawke’s Bay provide opportunities for every “a vibrant location in which to create and Ngāti Kahungunu. whānau and household to be actively a new kind of organisation that will Business Hawke’s Bay chief executive engaged and benefitting from a deliver work-based, off-the-job and Carolyn Neville says that being a thriving Hawke’s Bay economy. vocational learning and training through vibrant, progressive, collaborative region, a network across the country”. “Hawke’s Bay is one of New Zealand’s Hawke’s Bay delivers all the requirements largest regions without a university, a key This is a fantastic opportunity for Hawke’s for NZIST to be successful. requirement for NZIST,” says Mayor Wise. Bay to be at the centre of vocational In summary Hawke’s Bay offers: learning, and support a major new Hawke’s Bay Regional Council • United and collaborative education initiative, says Central Hawke’s chair Rex Graham says EIT is one leadership across the region Bay Mayor Alex Walker. of New Zealand’s top ranked • Strong support within the She says Hawke’s Bay is the natural home polytechnics that plays an region for the NZIST bid for the new institute given that the region important role in the region.” is leading the country with the most • Strong track record with comprehensive collaborative approach “With proven strong partnerships and relocating companies collaborative leadership across the to economic and inclusive development • One of New Zealand’s best region through the Matariki framework via the Matariki Hawke’s Bay Regional performing regional economies Development Strategy. we believe that Hawke’s Bay is the right location for the institute,” he says. • Desirable location Locating in Hawke’s Bay would put • Skilled workforce NZIST at the heart of a region that Hastings Mayor Sandra Hazlehurst relies heavily on vocational skills, agrees, saying Hawke’s Bay not only • Ample commercial office space says Wairoa Mayor Craig Little. has the right infrastructure and logistical to home NZIST and its 50 FTEs assistance, as demonstrated by the “We have a large population of priority • Buoyant job market successful relocation of corporate offices learners that will benefit from NZIST’s and government departments such as • Range of housing options. activities. Vocational education and 4 ATTRACT • BUILD • CONNECT • businesshb.nz Business Hawke’s Bay • e-pānui • February 2020 Work visas: the good, Hawke’s Bay property profile the bad and the unclear Excerpt from REINZ monthly property report December 2019 Contribution from Business Central In December, the Hawke’s Bay region experienced a 14.5% increase in the median price, reaching $520,000. Record Immigration provides access median prices were achieved in Central Hawke’s Bay to skills that may not be readily District and Napier City for the second month in a row. available in the local talent- pool, but there is an increasing New listings in the region were positive (+0.4%), one of only two regions, along with the Wairarapa, that saw necessity of skill in accessing an increase in new listings compared to December 2018. the talent. The market continues to perform closely to last month, Immigration is positive for business. with a shortage of listings in the popular price brackets The added value of a migrant and locations around the region.
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