connect magazine december 2014
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DESCRIPTIONThe Bay's Online Business Magazine - Tauranga Chamber of Commerce
Tauranga Chamber Of Commerce | 1
ConnectThe Bays Online Business MagazineDecember 2014
Latest Business News | Events | Opportunities
Tauranga Chamber Of Commerce | 2
Mills Reef WineryPersonnel ResourcesPort of TaurangaSanford LtdSign Creations LtdTulloch PhotographyZESPRI International Ltd
Crombie Lockwood (NZ) LtdDNZ Property Group LtdElectionz.comFarmer Auto VillageFordFulton HoganKale PrintLock-It Data Risk Management
Connect DECEMBER 2014
Chamber of Commerce TaurangaSmart Business Centre
65 Chapel StreetTauranga 3110
Ph: (64) 7 577 9823
In This Issue
Page ........ 3
Page ......... 5
Feature - Jen
Page .......... 6
CLICK HERE FOR A PRINTABLE VERSION
We are now into the last month of 2014 with people thinking of Christmas and their annual holidays. Holidays provide the opportunity to spend quality time with your family and friends and recharge the batteries for the forthcoming year.
This year has been pretty interesting from an economic point of view. Weve seen the introduction of loan to value ratios to cool the residential housing markets in Auckland and Christchurch. Record high net migration is also fueling rising house prices in these two cities. Fortunately in the Bay of Plenty were not seeing prices forge ahead as seen in these larger cities, meaning first home buyers are still able to enter the housing market. But we are starting to see more families moving to the Bay, not just because its an attractive place to live, but because of those lower housing costs. ANZ Chief Economist, Cameron Bagrie, was recently quoted as saying You keep an eye on Bay of Plenty and Tauranga in the next 12 to 24 months because from a pure valuation perspective Tauranga is starting to look very attractive to Aucklanders.
This means we will have a very attractive pool of talent to choose from as positions become available and higher salaries and wages are being offered.
The Reserve Bank has kept interest rates on hold at 3.5%, with most financial commentators predicting interest rates not rising until the third quarter of next year or early 2016. This will give
businesses confidence in making investment decisions next year. Assisting business confidence is our low inflation rate of 1% which is expected to remain low into next year.
Over the last 12 months, the Bay of Plenty has made some great progress on a number of fronts. The Tauranga Eastern Arterial link is progressing well, which will make travelling to Tauranga and the Mount a lot more efficient with journey times getting almost halved.
Weve seen the announcement of an Innovation Hub, Brother International relocating from Wellington to Tauranga, Trustpowers new CBD building commencing, cricket internationals at the new Bay Oval, large events such as the Aims Games and increased funding from Tauranga City Council into major events for the city.
The post-harvest kiwifruit industry is gearing up for increased volumes of G3 next season with a lot of capital expenditure going into packing and cool store facilities around the region.
The Tertiary Partnership will see more students remain in the Bay to study and, upon graduation, they will be able to secure jobs that align to the regions industry needs.
As we leave 2014 and head into 2015 I cant help thinking that next year will be a great year for the region. This year weve laid the foundation blocks and we can now capitalise on many of these initiatives, both in the short term and beyond.
Tauranga Chamber Of Commerce | 3
Welcome to ConnectConnect
On behalf of the Tauranga Chamber of Commerce, I would like to sincerely thank you for supporting the Chamber throughout this year. Whether youve attended a networking event, a training seminar or used one of our business services, we would like to say thank you. Dont forget to enter the Chamber of Commerce Golf Tournament on Friday 5th December. Have a great Christmas and a safe New Year.
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Tauranga Chamber Of Commerce | 4
Innovation Spotlight on the Bay
Kiwifruit Processing Company Ltd (Kiwifruitz) has been processing and supplying a range of high quality kiwifruit purees and kiwifruit by-products for more than 15 years. Kiwifruitz uses both green and gold kiwifruit to produce puree and by-products for the food, beverage and pharmaceutical industries. In 2009 the company opened a new processing plant at Newnham Innovation Park in Te Puna and this has been recently followed by a seed extraction plant off site. Kiwifruitz was awarded the 2014 Westpac Business of the Year at the recent Westpac Tauranga Business Awards. As well as winning the coveted top prize, Kiwifruitz was awarded first place in the Manufacturing / Logistics category and
By Annie Hill, Priority One
Were starting to see a significant increase in entrepreneurial activity in the Bay of Plenty and we have a lot to be proud of. Recent triumphs that will significantly accelerate the growth of innovation include the new WNT Ventures high-tech incubator comprising Wharf42, Newnham Horticultural Innovation Park and the Titanium Industry Development Association, and the provision of $30 million in regional funding and land for the new tertiary and research campus in Taurangas city centre.
In recent months over $20 million in research funding has been announced to develop a titanium research platform to create high value exports and for a robotics project focusing on automation in the primary sector. In addition, the Coastal Marine Field Station, which positions the region as a major centre for marine-based research for pharmaceutical and agrichemical innovation, has trebled in size since 2012 and there has been considerable growth in the Bay of Plenty District Health Boards Clinical School.
These initiatives are putting the region on the map as a place where innovation is happening, which means that other businesses also want to be based here. This means more high value exports, more highly skilled, highly paid jobs and a more sustainable economy for all of us.
NEW MEMBER PROFILE
Can you tell us about your business?
We are the only florist in downtown Tauranga and are here to provide beautiful flowers and arrangements. We also have lovely gifts to
consider for your loved ones.
Can you tell us why you joined the Chamber?
I wanted to be able to connect with businesses in the region and increase our profile. The Tauranga Chamber seemed the perfect avenue!
was also a finalist in the Business Innovation and Entrepreneurship category.
So what is next for Kiwifruitz? General Manager, Grant Jeffrey says We will consolidate our position in the 15+ global markets that we supply. Right now our emphasis is on Japan. What is also exciting are the new opportunities that have arisen recently in both southern China and Egypt, we will chase these over the coming year. Of course we are still heavily focused on our goal of 100% fruit utilisation and we are getting very close to that now.
Who are Kiwifruitz?
Friday 14th proved to be a lucky date for some great local businesses at the Westpac Tauranga Business Awards. Kiwifruitz was announced Westpac Business of the Year and also placed first in the Manufacturing and Logistics category. Steven Saunders from GrowPlus was named Business Leader of the Year and Ballance Agri-Nutrients was awarded Corporate Leader for 2014. All of these businesses and people add enormously to the local economy. Interestingly, two of the award winners come from Newnham Innovation Parkmaybe there is something in the water? Or is it the collection of exciting innovative businesses that stimulates even more innovation?
As the event organiser it is always exciting to watch the winners go on stage to accept their awards. They radiate pride, evident from their
body language through to their acceptance words about their business and team. It always strikes to the heart of how important a team is in creating the success of a business. This was particularly evident when Steve was announced Business Leader of the Year and more than 50 people got up on stage to support him and celebrate his award with a waiata. It was a particularly poignant moment and one Steve will cherish.
In my opinion all awards entrants are ultimately winners; simply going through the awards process challenges the entrant to look closely at their business across a number of disciplines. While they may not necessarily take home a trophy on the night, their business will grow as a result of this process. The Westpac Tauranga Awards are an exciting and humbling experience and I encourage any business to get involved!
Westpac Tauranga Business Awards 2014By Anne Pankhurst, Tauranga Chamber of Commerce
Membership Competition Winner Congratulations to Sarah Tavendale, Operations Manager of Pelco NZ Ltd! Pelco renewed their membership with the Tauranga Chamber of Commerce and won the $500 Air New Zealand Tr