Tourism Central Otago (TCO) will remain outside of Destination Queenstown (DQ) and Lake Wānaka Tourism's (LWT) new streamlined shared services model according to Central Otago District Council (CODC) spokespeople. A recent media release from DQ and LWT said the shared services model (SSM) will lead to opportunities and efficiencies for both regional tourism organisations (RTOs), while ensuring both destinations retain their RTO and separate brands.The Central App asked CODC if the new SSM meant anything to Central.CODC community vision group manager Dylan Rushbrook said there was a strong willingness between CODC, Queenstown Lakes District Council, TCO, DQ and LWT to work collectively in the areas of tourism and economic development. “There are examples like partnering on research into the ‘Lifetime Value of a Visitor’ where the economic development and tourism teams worked closely together.“[With] the alignment between key strategies this is only likely to occur more in the future. Whether one day that means shared services, is not a question I could answer right now, but I wouldn’t rule it out if that’s what make sense in the future." TCO head of destination Anthony (Antz) Longman said Central Otago’s destination management plan (DMP) is not something that can be transferred to a different region as it is a place based and represents the views and aspirations of our people, and our community.Partnership with neighbouring RTOs is already occurring where it is appropriate to deliver value for our community and businesses and achieve economies of scale, Antz said.  “One of the building blocks in the Central Otago DMP is ‘High Impact Tourism Alliances’ and we currently we have two key projects that do this; the Otago Trails Marketing Group which includes four RTOs (Enterprise Dunedin, Clutha Development, TCO and DQ) alongside the trusts of our Great Rides this project has been nationally recognised twice as a finalist in the NZ Tourism Awards for industry collaboration. “Secondly, we have the Southern Way initiative which is the eight Southern RTO’s and the Southern Airports Alliance (Queenstown/Invercargill/Dunedin) working to promote longer stay, lower impact itineraries across multiple regions.” Antz said while it is a quieter period over winter there are still visitors out and about, enjoying riding and fireside escapes in Central’s country hotels.“There are lots of positives to look forward to with on-going cycle trail developments, new and existing events [such as] the inaugural Lake Dunstan Trail Marathon . . . the Alexandra Blossom Festival, the Cromwell Half Marathon, Clyde Classic, Alexandra Basin Wine New Release, and a ‘Pedal & Pour’ event based at Carrick Winery. “Looking further ahead Highlands has announced that they’re hosting two significant events in the new year; the NZ Grand Prix in February, and their first ever drift car event in March with internationally acclaimed driver Mad Mike Whiddett. “All these events help bring visitors to the region and add vibrancy to our communities and of course opportunities to participate.”With Tourism New Zealand focusing marketing on off-peak visitation and encouraging international visitors in traditional shoulder periods TCO will be looking at how to leverage this activity and encourage visitation across Central. Find out more about tourism in Central on the CODC webpage for Tourism Central Otago.

Otago Regional Councillor Michael Laws is pleased that the latest representation review will see an extra person allocated to the Dunstan ward.With significant growth in Central Otago and Queenstown Lakes, the ORC is proposing to reduce the number of Dunedin councillors and add a new one into the district at its next election in October 2025.Cr Laws (Cromwell) along with Gary Kelliher (Alexandra) and Alexa Forbes (Queenstown) currently sit on the Dunstan ward, and the public is invited to make submissions on the new proposal.Every six years councils must review how communities are represented in the make-up of their council. Michael said Dunedin-based councillors and staff have dominated the ORC for many years, and he believed they had no real understanding of the issues in our area.One thing many ratepayers didn’t realise was that they were paying for public transport in Dunedin, and also the proposed new $60 million ORC building, he said.However, more rates come out of the Dunstan ward than in Dunedin because the value of our land and houses was higher, he added. As a result, there was taxation without representation, which was a bit of a grievance here in the ward, he said.“[Think of] all the rabbits you could kill, all the conservation work you could do, all the lagarosiphon.”Cr Laws’ other gripe with the ORC is the plan to ban all wood fires in Central Otago to help our air quality.He said wood fires were “what kept Central Otago alive” during winter and with the exorbitant electricity prices, it was fast becoming the most expensive place to live.Check out this week’s The Outlet podcast to hear more about what he has to say.

Inland Revenue (IRD) says it is honing in on customers who are not declaring income from cryptocurrencies in their tax returns.Cryptocurrencies are treated as a form of property for tax purposes, and what people make from selling, trading or exchanging them is taxable.Spokesperson Trevor Jeffries said IRD had identified 227,000 cryptocurrency users in New Zealand who had made about 7 million transactions with a value of $7.8 billion in the last tax year."We want customers and tax agents to know that we are stepping up our compliance activities for customers with cryptoassets," he said."Despite popular thinking - people are not invisible on blockchain, and we have the tools and the analytics capabilities to identify and expose cryptoasset activities."He said IRD had signed up to the cryptoasset reporting framework, which meant it would get more data on customers' transactions outside New Zealand.

Restructuring can be an exciting part of growth and opportunities, but let’s face it, most of us are more familiar with it from the other side of the economic equation – the downsizing process. Economic downturns often necessitate such restructuring efforts.So, when is the right time to talk to staff if business isn’t going so well and you're facing tough times?The answer is, right now.In fact, you should be talking about and sharing your goals/targets and business strategy since the first day each of your employees started. Ensuring regular communication during difficult times is crucial.Economic bumps can require us to examine the economic impact and future for our businesses. Restructuring could be something you need to consider. But whether you’re riding the economic highway or about to pull up on the hard shoulder, now is always the best time to discuss your business with staff and let them know how things are trending. Good, bad, or downright ugly!If your company is experiencing tough trading conditions, you may need to consider cutting back on costs, business operations might need to be streamlined to maintain efficiency, or you may have to make the difficult decision to make some redundancies. The possibility of redundancy can be a shock and extremely demoralising for staff, significantly impacting employee morale, whether they have seen it coming or not. But if they can see it coming, they’re more likely to be able to support you if you include them in discussions, whatever the outcome. Employee engagement during such discussions is key.Knowing how much to share with staff can be difficult too. Nobody became an employee to worry about your cash flow and how you’re going to pay your mortgage. It sounds harsh but, that’s why they’re employees and you’re the boss! But knowing what your company targets are, your values and your strategic direction is a must for any employee. After all, if you’re the boss and you haven’t spent the time to tell your staff what your expectations are from them, how are they supposed to know what you need?Being too busy and just allowing organic growth to occur without strategic direction during times of economic boom will often lead to a restructuring when the economy hits a bump, contributing to stressful times.So, if you’re about to negotiate a tricky economic patch with your business, and you haven’t done so already, talk to your staff now. Let them know what your plan is to navigate these treacherous waters and what you need from them, to avoid the need to restructure where possible. During times of uncertainty, clear communication about the business situation can alleviate concerns.Sharing your company goals and how you expect to get there will help increase the engagement of your staff, even if you’re only talking about how to get pay raises rather than the scary restructuring stuff.There is no “I” in team.Business ownership can be a dark and lonely place, but you have never had to do it alone. Talking to your staff early can help chase the wolf from the door, increase engagement, build resilience in your staff, provide pivoting opportunities with unutilized staff skills, and increase your staff loyalty. Fostering a strong company culture during uncertain times can lead to better employee morale.For more information on how to facilitate early or even regular discussions with your staff, get in contact with the team at EASI NZ. [email protected]

Forty people attended a public meeting about the infrastructure works on Clyde’s Sunderland St at Recharge Bar last Wednesday night. Clyde business owners and residents heard from Central Otago District Council (CODC) project manager Dan Kirkman and others delivering the infrastructure works, including contractor Fulton Hogan.The meeting was initiated by owner of Recharge Bar on Sunderland St, Gareth Watt, who told The Central App last week, he had lost a morning of trading due to the road closure.CODC councillor Tamah Alley, CODC community and engagement manager Paula Penno, Business South Central Otago (BSCO) chairperson Dewald de Beer, and Fulton Hogan manager Carly Hamlin all attended the formal part of the meeting, which went for an hour.Dewald said the overall tone of the meeting was positive and the impacted businesses were “real people who needed real answers” and an opportunity to be heard.“I commend Gareth for calling the meeting.”Dewald said there were steps agreed, which should help information flow including more consistent email updates, simplified communications and a promise to give people a project plan with defined dates.Potential parking on land across the road was also going to be investigated and could improve the parking situation for impacted businesses.Dan said the meeting went better than expected.“People in the room who wanted to engage got their questions answered.”Questions covered why the road is closed and no work is happening on certain days, and whether there was a possibility of working during weekends and nights.Dan said CODC had previously consulted about out of hours work and the decision was made not to impact guests staying in nearby accommodation. He said CODC would be making adjustments to the project’s communication strategy to broaden the audience group, replicate information in other public ways and continue with the fortnightly emails to businesses and interested parties.A follow up community meeting may be held in a month’s time if people are interested.Contact [email protected] to be added to the email list.Recharge Bar owner Gareth Watt could not be reached for comment prior to deadline. Read more: Clyde cafe owner calls meeting on road closure  

Clyde’s Recharge Bar has unexpectedly missed out on half a day's trading due to the closure of Clyde’s Sunderland St for infrastructure works, sparking the owner to arrange a public meeting tomorrow night.Owner Gareth Watt had one of his baristas call him last Monday morning, June 3, to say all of the access to the cafe was blocked.Gareth contacted Central Otago District Council (CODC) project manager Dan Kirkman by phone to get this corrected, and Dan said it would be fixed. “Nothing was done an hour and half later, so I turned signs around myself [so people could get to our door].”Gareth said he was concerned about the lack of coordination and communication about the works in Clyde, which is why he’s holding a meeting at Recharge Bar, at 6pm on Wednesday, June 12, for impacted business owners and interested residents.“It’s a chance for everyone to voice their opinions. Clyde business owners are meeting at 5.30pm and then everyone is welcome from 6pm.”He’s invited Central Otago District Mayor Tim Cadogan and representatives from CODC, and Fulton Hogan.Sunderland St, with works underway. PHOTO: Dan Kirkman/CODCThe businesses on Sunderland St are facing a long closure, according to a CODC press release (dated June 7), which stated Sunderland St would be closed between Naylor St and the Masonic Lodge from June 4 with the closure to remain in place through the winter.Gareth said another recent closure ran for 10 days and on many of those days there was no one visibly working on anything.Recharge Bar owner Gareth Watt and his daughter. PHOTO: Supplied “On two days [contracted workers] were actually on site. “In the winter [the Clyde businesses] need anything that comes into town.“My main concern is that we want it completed as soon as possible . . . and not to drag on.”CODC said the winter closure is to enable new footpaths to be built, the old underground water pipe to be replaced and an additional water supply pipe (rider main) installed. The extra pipe will future proof the water supply if one of the pipes needs repairing, or a new connection is added in the future, without having to turn off the water.CODC project manager Dan Kirkman said he understood the street closure was frustrating for business owners, so they were focused on completing the job as quickly as possible.Dan will be attending the meeting and answering questions relating to the Sunderland St work. 

The biggest changes Central Otago communities will notice as a result of Plan Change 19 is more infill of inner residential towns.Deputy Mayor Neil Gillespie, who also led the hearings panel over the past two years, said this was particularly the case for his hometown Cromwell, which has a large number of thousand square metre sections, that will now have the ability to be subdivided.The message from submitters throughout the process had been to not go and intensify small towns like Bannockburn, Lowburn and Tarras.“Keep the town within its nominal town boundary . . . and intensify that and start there first. And, it makes sense because we're trying hard as a country to decarbonise and a whole lot of things to be better use of our fuels and stop burning carbon. So, if you have people living in walking distance to things or cycling distance then that's going to be a bit easier.”Cr Gillepsie, who features on this week's edition of The Outlet podcast, said the plan change process was about making sure that the district had a plan for residential land being available for the next 30 years. “So, we worked hard with our community to try and understand where they wanted the growth to happen and worked through that process.”When asked who the real winners in all of this were, Cr Gillespie said some developers might think they're going to be the winners because there's some land that they can now subdivide to different sizes to have different housing topologies.“And, hopefully, I guess you'd like to think that it means that people trying to get into a house of their own, or rental or whatever, have different choices and options available that they could be the winners if you like. But, I don't really look at it being winners and losers - it's about doing the right thing for your community to try and enable people to come back to and, in some cases, come back here.”Enabling smaller sized sections provided more people with certainty, and much of this spare land was privately owned, with council as just the ‘enabler’ of the plan.Cr Gillespie said the panel worked really hard to try and understand what the community wants to look like in the next 30 years, but admitted the reality was it would never be perfect.“We've done the best we can. Some people say that we should do this and do that, but you know we've been charged with having to balance all of those different views and work that through, and the expectation is that we are on the right track.”Tune in to this week's The Outlet podcast to hear more from Cr Gillespie.Read more: Plan Change 19 sets future direction

Households may have to suffer more interest rate pain than necessary because the Reserve Bank is too "backward looking" in its approach to the official cash rate (OCR), according to one leading forecaster.Infometrics chief forecaster Gareth Kiernan has updated his prediction for when the OCR will move, and now expects a cut in February next year rather than this November.He said, while he did not think it was necessarily the right move, the central bank's "backward looking" approach to monetary policy meant an OCR reduction was probably further away."Back in the second half of 2021, the bank doggedly clung to its belief that the surge in cost pressures was temporary, meaning that it was too slow and gradual to lift interest rates."Throughout 2022 and early 2023, the bank repeatedly highlighted issues in its monetary policy decisions that other analysts had been discussing months earlier, giving the impression that it was always behind the play and reacting to old data."We see nothing in the bank's recent behaviour to suggest that it is doing any better at setting monetary policy with a forward-looking perspective."Kiernan said, based on current Reserve Bank forecasts, by the final quarter of this year, it could look to consumer price inflation of 2 percent in the first half of 2026, as well as non-tradeable inflation of 2.7 percent and labour cost growth of 2.5 percent."We think there is enough of a moderation to enable the bank to start gradually easing monetary conditions - particularly in the context of deteriorating economic outcomes since the start of 2024."To put it another way: if the bank doesn't cut the OCR until the September 2025 quarter, it will only be starting to ease when headline inflation has already slowed to 2.2 percent, yet monetary conditions will still be heavily restrictive. That approach is a recipe to prolong the pain that households and businesses are currently feeling beyond next year and out as far as 2027."Westpac chief economist Kelly Eckhold said he did not agree that the bank was too backward-looking. "Their problem is they've been surprised to the upside in domestic inflation. They're telling us they need to see improvement on that score."Non-tradeable inflation has been a major headache for the Reserve Bank - that is inflation that is domestic and not influenced by international factors.It makes up about 60 percent of the consumer price index (CPI), which the Reserve Bank is trying to pull down to an annual rate of increase of 2 percent, from twice that currently. But it has hardly moved over a year.Kiernan said much of that inflation was due to factors that the bank had little or no control over, such as rates, insurance and electricity.As they continued to increase at a double-digit percentage pace in some cases, the Reserve Bank would have to target even lower price rises across other items to get inflation to 2 percent, he said."Reserve Bank Governor Adrian Orr said during the latest Monetary Policy Statement press conference that 'eventually monetary policy will win the day, but they [insurance and rates and rents] are just less sensitive.' If the Reserve Bank Governor thinks monetary policy has any effect on rates, insurance, or electricity prices, he is set to be disappointed. His response to this disappointment might be to dogmatically keep monetary policy tighter for longer than is necessary in terms of broader economic and inflationary outcomes."ANZ economists agreed it was a problem. They said price changes that were structural in origin were a particular challenge. There was an element of structural change in insurance, where weather risk was pushing up prices, and council infrastructure challenges.But they said it was likely to be the case that the "baked in persistence" of these factors was a reason why monetary policy was taking longer to have an impact than in previous cycles. "That's preferable to the alternative explanation: that monetary policy isn't working… The Reserve Bank has to weigh up the risk of holding policy too tight for too long against the risk that disinflation peters out before the job is done," Kiernan said.ASB economists said they expected the Reserve Bank to keep the cash rate on hold until February but a cut could come later.BNZ also expects a February cut. "We pushed that out from November following the recent Reserve Bank meeting. A November move is still possible, but the balance of probabilities now favours a 2025 start to the easing cycle," chief economist Mike Jones said.

Cromwell businessman Gary Anderson is urging the Central Otago District Council to not delay upgrading its aging mall any further.Of the 149 submissions on council’s Annual Plan, only six came from Cromwell residents.  Gary spoke to the Cromwell Community Board yesterday, regarding his concerns about the mall being a health and safety hazard.He outlined in his submission how the 37-year-old town centre was in serious need of maintenance, including tree roots growing through pavers causing serious hazards.“It looks terrible and is an embarrassment in its current state. I would like to see the existing trees removed and replaced with deciduous trees . . ., he said.”Gary told the meeting a number of people have fallen flat on their face and needed medical attention after tripping on the pavement.The Cromwell Mall in earlier years. PHOTO: File“Get rid of the trees, just do something,” he said.He urged council to continue along with some form of modernisation of the public areas, and his message was loud and clear.  “This project has been consulted on and advised on over numerous years - please do not delay it further.” Council’s property and facilities team noted in their report to the Cromwell Community Board yesterday, that while it does have a maintenance budget, it was not sufficient to cover extensive repairs and upgrades on a broader scale. To undertake the work detailed, the cost could be in the range of $100,000 – $200,000 and this was not included in the Annual Plan.Board chair Anna Harrison acknowledged his concerns and said “we’re in a moment of frustration ourselves,” at this point, as the upgrade had been included in council’s Long Term Plan (LTP), rather than Annual Plan - which had been pushed out until next year.Council was currently working on a preferred option for the proposed mall upgrade. If approved, the project will be included in the LTP, which will address many of the issues, including the potential replacement of trees and modernisation of public areas.“We will continue to raise the issues and advocate for this project,” she said.

This year's Budget has been revealed and like any year, there are the haves and have-nots.While some of it is up for debate depending on what side of the political spectrum you lean towards, here are a few of the outcomes of the Government's funding divvy-up this year.The 'winners''Back Pocket Boost' is backThe Budget documents stated 1.9 million households would benefit from the overall relief package by an average of $30 a week. Households with children would benefit by $39 a week on average.A minimum wage worker can expect about $12.50 a week, while superannuitants will take home just $4.50 a week.The Independent Earner Tax Credit is also being expanded, with the upper limit for eligibility rising from an income of $48,000 to $70,000, with amounts reducing from $66,000+ instead of $44,000+.The in-work tax credit will also go up by up to $25 a week from 31 July. National had campaigned on that kicking in from 1 April.The relief package also includes a childcare payment for low-and-middle-income households as already announced by Willis in March.RoadsThe Government is pumping $2.68 billion in to transport over four years, and more than two thirds of that's being spent on roads.There is $1b over four years to accelerate Roads of National Significance and $939.3 million over four years to repair roads damaged during North Island weather events.HealthHealthcare's getting a whopping $16.7b in new funding - though that's spread over three Budgets.Among the standout amounts there are:$3.44b over four years for Health NZ hospital and specialist services$2.12b over four years for primary, community and public health$1.77b over four years to maintain Pharmac funding$1.1b over five years to address demand and cost pressures for the Ministry of Disabled People WhaikahaLandlordsThere's $729m being spent on restoring interest deductibility for residential rental property.PolicePolice are getting $226.1m over four years for an extra 500 police and there's also $424.9m over four years to support frontline policing.EducationSchools and kura kaupapa property are getting a $1.48b boost over four years and there's also $200m in grants for operating schools, too.There are also boosts for school IT infrastructure and subsidies for ECEs and tertiary tuition and training.MāoriThere's $12 million over four years for Kōhanga Reo property maintenance.Te Matatini received another boost in this years budget, from 2025 they will get $48.7m over three years. That goes with the $34m over two years the National kapa haka festival received in Budget 2023.Natural disaster responseThere's a fair bit in the Budget for this sector and it's perhaps no surprise, coming in the wake of the mop-up for events like Cyclone Gabrielle.This $939.3m is clearly that - spread over four years, it's to repair roads damaged during Cyclone Gabrielle, the Auckland floods and other North Island weather events.There's $200m for flood infrastructure upgrades in the $1.2b Regional Infrastructure Fund.In the same sphere, there's $5m for the creation of the National Infrastructure Agency and the somewhat adjacent $106.9m over four years operational funding for GeoNet and the National Seismic Hazard Model.There's also $23.1m over four years for critical frontline rescue services to respond to severe weather events and emergencies.In addition, the Climate Emergency Response Fund is getting $597m, paid for through the ETS.Local councilsThe Waste Disposal Levy is being expanded to cover a wider range of projects with an expected result of $1.195b over four years.The 'losers'The country's debt levelThe Government borrowing programme over the next four years was increased by $12b from December's forecast.Net debt is forecast to peak at 43.5 percent of GDP in 2025 and is forecast to remain above the Government's 40 percent ceiling for the following three years.Tax evadersIt's not a good day if you're a tax evader - the Government is pumping $147m into cracking down on tax evasion.The next lot of first-year uni studentsThe Government is switching fees-free from first year to final year of university - with an expected saving of $220m.Overseas student loan borrowersInterest rates for overseas borrowers are set to increase from 3.9 percent to 4.9 percent from 1 April 2025.Online gambling operatorsIt's expected there will be $47m extra from taxing online casino operators.MāoriThe disestablishment of Te Aka Whai Ora, the Māori Health Authority is set to save the Government $35.5 million.Ongoing funding of $40 million for new supply and capability of Māori housing has been cut. This returns uncontracted funding.And $20 million of funding for Rangatahi transitional housing has been returned to the Ministry of Housing and Urban Development, this funding was also uncontracted.NZ Film Commission, NZ Symphony Orchestra, and Nga Taonga Sound and VisionThe Government's saving $5.55m over four years by spending less on these institutions.The Consumer Advocacy CouncilIt's being scrapped - that's a saving of $5.72m over four years.Energy programmesThe Government's saving $38.27m over four years by scaling down initiatives like the Community Renewable Energy Fund.There's also $178m over four years in savings from the Energy Efficiency and Conservation Authority, including discontinuing new Warmer Kiwi Homes subsidies for hot water heaters, energy-efficiency measures, an LED lighting scheme, and community-focused outreach for hard-to-reach households.The Wellington Science City projectIt's gone - and being scrapped to the tune of $462.8m of savings over four years.PharmacDuring the campaign, National pledged to give Pharmac an extra $70m a year over four years in ring-fenced funding to target 13 specific cancers.However, that hadn't been possible this budget, Willis said - but noted the coalition remained committed to following through on its commitment in future Budgets.

Luke St John from the Fortune Fruit Company near Cromwell has reason to celebrate after winning the Central Otago Young Grower of the Year competition in Bannockburn on Friday.His team-mate Taylor Priest-Johnson came in close behind him, while second time entrant Devon Attfield of Clyde Orchards picked up third place.Held at Otago Polytechnic’s Bannockburn campus, the annual competition is open to both commercial fruit and vegetable growers from across the region - up to the age of 30.Entrants were tested on a range of theoretical and practical modules to determine their horticultural skills and knowledge.   Units included in the competition were irrigation, tractor and machinery, pruning, first aid, pest and disease and ‘a day in the life of an orchard manager.’An awards gala dinner ended the day's activities with speeches from each contestant and the announcement of the 2024 Central Otago Young Grower of the Year winner. Oliver Affleck, of Central Orchard Management Ltd, shows judges Earnscy Weaver and Tim Jones what he knows about pruning. PHOTO: The Central AppOliver Affleck tries out his tractor skills. PHOTO: The Central AppLuke was a first-time entrant and said he was coerced into entering by his peers.  His partner Mackenzie Maaka also entered and won the hortisport unit at the end of the day.She knew early on that irrigation was going to be her weakness, but was confident she would do well in the hortisports, which was a fun unit at the end involving apples, bubbles and hoops.“I entered because I have been in the industry for three years and wanted something new to do. It was great to find out which areas I needed to learn more about,” she said.Luke said he enjoyed doing all the tasks and receiving instant feedback from the judges on how he could do things better.“I think everyone in the industry should give this a go, it was so worthwhile and I had such an enjoyable day.”For Oliver Affleck, another first-time entrant, from Central Orchard Management Ltd, said it was great to meet other young growers in the industry from across the district.Oliver won the speech competition on what he believes are the greatest challenges right now in the industry, as a next generation horticulturalist.Devon Attfield said the competition was “20 times better” than last year.“Last year I didn’t know what to expect and this year I actually knew what I was doing.”  He particularly loved the tractor driving component.Luke won $1500 and will now go on to contest the National Young Grower of the Year title in Hawkes Bay on October 9 and 10.

In the dynamic and unpredictable world of business, safeguarding your business is not just a prudent decision—it's essential.Business protection encompasses a range of strategies and tools designed to shield your company from various risks, ensuring longevity and stability.Whether it's natural disasters, legal issues, or unforeseen economic downturns, robust business protection can mean the difference between weathering the storm and shutting your doors permanently.Effective business protection involves a comprehensive risk management approach. This includes implementing security measures, establishing contingency plans, and, crucially, obtaining the right insurance coverage.If you, as a business owner, proactively address potential threats, you can focus on growth and innovation, and feel confident that your business is well-protected.What Types Of Business Insurance Do You Need?Understanding the types of insurance your business needs can be overwhelming, but it's a vital step in comprehensive business protection.Here are some key types of business protection insurance every business should consider:General Liability Insurance: This is fundamental for covering potential legal issues arising from accidents, injuries, or claims of negligence.Property Insurance: Protects your physical assets, including buildings, equipment, and inventory, against damage or loss from unforeseen events like fire, theft, and natural disasters.Professional Liability Insurance: Also known as Errors and Omissions Insurance, this covers legal costs and damages if your business is sued for negligence or inadequate work.Business Interruption Insurance: Compensates for loss of income and operating expenses if your business is forced to shut down temporarily due to a covered event.Cyber Liability Insurance: As cyber threats become increasingly prevalent, this insurance protects against data breaches and other cyber incidents.Each business has unique needs based on its size, industry, and specific risk factors. Consulting with a knowledgeable insurance broker can help tailor coverage to your particular circumstancesWhy Insurance Cover Is ImportantInsurance plays a crucial role in business protection. It provides a financial safety net, enabling businesses to recover more quickly from disruptions.Without adequate insurance, a single incident could potentially cripple your business, leading to significant financial loss or even closure.Insurance protection also fosters trust and credibility with clients and partners. Demonstrating that you have comprehensive coverage reassures stakeholders that you are prepared for any eventuality, thus enhancing your business reputation.Moreover, many forms of insurance are legally required, such as workers' compensation and commercial auto insurance. Compliance with these regulations not only avoids legal penalties, but also promotes a safe and fair working environment.In essence, insurance is not just an expense—it's an investment in the resilience and sustainability of your business.Contact C&R Insurance BrokersNavigating the complexities of business insurance can be daunting, but you don't have to do it alone. At C&R Insurance Brokers, we specialise in helping businesses identify and secure the coverage they need.Our experienced team is committed to providing personalised service and expert advice to protect your business against the unexpected.Contact us today to discuss your insurance needs and safeguard your business's future. Commercial - Horticulture & Viticulture - Rural - Personal - Life & Health - Income Protection

Commissioners involved in a hearing at Millers Flat for the proposed Hawkeswood Mining project were not impressed yesterday about the company carrying out earthworks without any consents.Led by Louise Taylor, Rosalind Day-Cleavin and Craig Welsh, the panel questioned the lawyer Jeremy Brabant about the earthworks, on day one of the hearing.Jeremy replied that the ‘why’ was irrelevant in the current context of the application and said the panel’s decision-making process shouldn’t be influenced by what had happened in the past.The panel further prompted the lawyer about their concerns with the company’s commitment to rehabilitating the site.“It wasn’t a good start to the process . . . hopefully the site looks a lot better than it does now,” Louise said.Hawkeswood Mining Ltd expects to create up to 30 jobs and inject an estimated $5 to $7 million annually into the local community with its gold mine on the banks of the Clutha Mata-Au River.Aiming to be operational by August 1, the project received more than 470 submissions, the majority of which were in support, but both the Otago Regional Council (ORC) and Central Otago District Council (CODC) consultant planners recommended it be declined.Jeremy said the company aimed to return the land to pastoral use after it had finished, “and was certainly not darting around its responsibilities.”He said the company was also very open about ongoing consultation with affected parties such as iwi, and rehabilitation work would be ongoing throughout the 10-year project.Hawkeswood Mining first applied for a discretionary consent in 2022, for a two-hectare mine over a period of five years.This was - by request of the applicant - publicly notified by the ORC and CODC in 2023.Hawkeswood Mining then paused the application to make amendments - extending the proposed mine to cover approximately 10 hectares for a period of 10 years.The councils determined a new application needed to be made due to the significant increase in the intensity and scale of the activity.A CODC document show the unconsented work had exceeded the district plan allowance by 2118m3 and the company admitted it was an oversight by its survey team.Hawkeswood Mining is seeking consent to use the land as well as to take water, and discharge water to land only, with no risk of contaminants being discharged to water.