No images? Click here ![]() Kia Ora , For many of you, business is tough right now. We have just completed our Business Confidence Survey with the support of Red Hot - Business Coaching & Consultancy, and this shows just how tough things have got in the last 6 months. The general view on the outlook for the next 3-12 months is not great either. Economic challenges, including rising supplier costs and the need from your customers for greater value for money, are impacting the current situation, alongside uncertainties surrounding international fuel prices and geopolitical influences. Your concerns extend to a downturn in business, tentative consumer behaviour, and the pressure of a cost-of-living crisis. There is also a call for better support from the government and local government, particularly in stimulating economic activity and addressing issues such as inadequate forward orders, slow response times, and ineffective policies. You can read more on this below. With this call for better support from the government and local government, I would encourage as many of you as possible to attend the Hutt City Council Long Term Plan event on 10 April so that you can have your say on their plans. As you can probably imagine, there are significant financial pressures on all local councils, and it is important for you to have your say. You can register here. The Hutt Valley Chamber has already been having a say on your behalf, but it is important for them to hear this from you also. We will also be working with Upper Hutt businesses to provide feedback into the Upper Hutt City Council Long Term Plan, which will be made available on the 2nd of April here. As we step into the Easter break, the Hutt Valley Chamber of Commerce sends our best wishes to each of you. We hope you have a Happy Easter and a well-deserved break! Business Confidence Survey Report – March 2024 We are pleased to provide you with the results of our Business Confidence Survey. The feedback provided by businesses highlights several key concerns, particularly focusing on the need to depoliticise business operations and improve collaboration between governmental bodies. There is frustration from businesses over the blame game between organisations, hindering progress in addressing critical issues such as water infrastructure.
![]() ![]() A Huge Thank you to all our Partners for your continued support. ![]() ![]() In this edition of the Hutt Valley Business Weekly:
![]() ![]() Maraenuku Pā site of significance ![]() North of the Melling Bridge and within the construction area of the Mills Street stopbank is Maraenuku Pā. The pā (settlement) is an area of cultural significance to Mana Whenua and was located on the bank of Te Awa Kairangi / Hutt River, in the vicinity of the electricity substation on Connolly St. It was established in the period prior to colonisation but was later demolished in the Battle of Boulcott in 1846. While no trace of the pā remains today, the mana associated with the area and the history of Maraenuku Pā does, and it is something we can share with the people of Te Awa Kairangi ki Tai Lower Hutt. Chair of the Mana Whenua Steering Group and representing Te Āti Awa Taranaki Whānui, Lee Hunter said: “It’s important we recognise the history of this area and the significance of Te Awa Kairangi / Hutt River. It’s a taonga and treasured ancestral river, central to the life of Māori and the people of the Hutt Valley. It’s a reminder for us all to protect and uphold the mana and mouri (life force) of the river.” They would like to acknowledge Morris Love (Te Āti Awa, Taranaki, Ngāti Ruanui and Ngāti Tama iwi of Taranaki) for providing the cultural history about the project area. Mills Street stopbank works Works on the Mills Road stopbank began 26 February and is expected to be completed early October 2024. To ensure the safety of the community during construction, the Hutt River Trail and recreational area on the eastern (city) side of the river is closed between Melling Link Bridge and Kennedy Good Bridge. The shared path on the other side of the river (western side) is still open in its entirety. From 25 March, construction activity will increase on-site as the team begins gravel extraction, building the gravel processing facility and associated tracks for the dump trucks to deliver the material for the permanent stopbank. The dump trucks will be contained within the site area and will not impact road users. For more information on this work and which paths are affected, visit teawakairangi.co.nz/our-projects/mills-st-stopbank/ ![]()
National News
The following news is provided to keep our business leaders up to date. Important environmental and resilience focus for CentrePort ![]() CentrePort is continuing to be recognised locally and internationally by its customers for leading the way in New Zealand to lower its emissions and Scope 3 supply chain related emissions. This is important for their business and for their customers. Some of the tings they have been working on are:
Resilience continues to be a focus for CentrePort with focus on a range of projects that support the future. There’s continued good progress on the Seaview Wharf Renewal project, which will protect critical assets integral to the fuel supply for Wellingtonians and the rest of the lower North Island. The work to date has significantly increased the resilience of the main wharf. The port’s Ground Resilience project, reinstating and repairing the perimeter of the port affected by the Marlborough Earthquakes has also been completed with the last stone column installed in late December last year. “This is a significant milestone from our regeneration programme and is noteworthy because the work was finished not only on time, but ahead of the budget set in 2017.”
NZ-EU FTA gains Royal Assent for 1 May entry to force ![]() The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand’s ratification of its free trade agreement with the European Union. “I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA). This enables the agreement to come into force earlier than expected, from 1 May 2024,” Trade and Agriculture Minister, Todd McClay says. Upon entry to force on 1 May, the Agreement is set to increase our total exports to the EU by $1.8 billion annually. Benefits of the deal include:
![]() ![]() The double dip recession we said we’d have, hurts. It’s official. The Kiwi economy is in recession again. Following the September quarter’s 0.3% contraction, the Kiwi economy contracted another 0.1% over the December quarter. The economy shrank 0.4% over the second half of 2023. And don’t forget about the cumulative 0.7% contraction and recession we had over Dec22-March 23. Aotearoa has, as we have coined it, gone through a double dip recession. The heavy hand of the Reserve Bank has hurt households and businesses. Restrictive monetary policy is clearly working. In fact, more than they had expected. The RBNZ expected a flat print, just narrowly averting a recession. But here we are again, in a technical recession. Compared to a year ago, economic output declined 0.3%, and a massive -3.1% per
head. There is a silver lining though. Today’s report adds more evidence to the RBNZ that they have well and truly done enough to get inflation down to 2%. And today’s print adds to our view that the RBNZ will be in a position to deliver rate cuts from November. Once interest rate settings are relaxed, confidence among households and businesses should build and the economy should regain momentum. Chart of the Week: Weaker by the dozen. ![]() No matter how small, a recession always hurts. A cumulative 0.4% contraction in economic activity may not sound that bad, but against a backdrop of rapid population growth, things are actually a lot worse on a per capita (per person) basis. In fact, on a per capita baisis output has been in quarterly decline since December 2022. Most recenly over the December 23 quarter, GDP per capita contracted a further 0.7% following Q3’s downwardly revised 1.1% contraction. And compared to a year ago GDP per capita is down 3.1%. It’s an improvement from last quarters hefty annual 3.5% decline but per capita levels of production remains even weaker than it was during the GFC. The good news is the worst should be over. Though we still expect 2024 to be a year of low growth - thanks to high interest rates and a softening global backdrop- the turning point is on the horizon. 2024 may not be the year of growth but it is the year of central bank rate cutting. Offshore central banks like the Fed are likely to beat us to it but their move to lower rates will help boost global demand and in turn feed through onto our export volumes.Here at home, it shouldn’t be too much longer before the RBNZ can cut rates themselves. We’re pencilling in November. And expect to see growth pick up into 2025 as rate cuts are delivered and stimulate domestic demand. For now, the theme remains. Survive ‘til 25. ![]()
Regional News
Business Continuity Planning Workshop | Upper Hutt ![]() ![]() Could your Upper Hutt business be better prepared for a disruption? Join Upper Hutt City Council for a free 90-minute business continuity planning workshop to create your own draft plan or update your existing plan. Greater Wellington Consultation – have your say ![]() The Long Term Plan sets out the Greater Wellington plans and budget for the next ten years. ![]() Annual General Meeting Notice | Hutt Valley Chamber of Commerce ![]() The Hutt Valley Chamber of Commerce hereby gives notice of its 80th Annual General Meeting as follows:
Networking opportunities before and after the meeting close. ALL MEMBERS WELCOME. Further details to follow. ![]() Skills for Mahi ![]() Last week ‘Skills for Mahi’ got started with the first cohort of 30 Māori and Pacific Year 11 rangatahi from Naenae College starting their journey to develop their awareness, and be prepared for the jobs and opportunities in their local community, particularly the engineering and manufacturing sectors in the Hutt Valley The rangatahi started with the development of their individual learning plans which will support their learning journey. The programme will also work on skills that will be important in a workplace, such as teamwork, communication, and problem-solving solving among others. Through company visits, rangatahi will also have the chance to connect with employers and build their understanding of workplace etiquette. We are really proud that the Hutt Valley Chamber of Commerce is organising this work and really excited about the support from J.P. Morgan. It will ultimately support 100 Māori and Pacific Year 11 rangatahi from Hutt Valley schools. The programme is being delivered by Mani Malaeulu, the owner of Empower Pacific. Mani commented at the end of the first session, ‘I was really impressed with the high level of engagement from our rangatahi in our first session together. Really excited for the what’s ahead for them through our program'. ![]()
Hutt Valley Manufacturing & Innovation News
Hutt Valley airbridges for Sydney’s new airport![]() A Lower Hutt manufacturer is building the airbridges for Sydney’s new international airport, which is expected to open in 2026 and operate as an economic centres. J&D McLennan Engineering is supplying 13 airbridges for Western Sydney International Airport, which is one of just a few greenfields airports being built around the world. The airbridges for the airport are the largest J&D McLennan makes, with a maximum telescopic extension of about 45 metres. They will cater for all jet aircraft, from the giant Airbus A380 down to domestic workhorses such as the Boeing 737. It took about three weeks to build each airbridge. Once competed they were trucked overnight to Auckland and put on a specialist ship, bound for Sydney. All airbridges at New Zealand airports came out of the company’s workshop, along with about 60% of bridges in Australia, as well as around the South Pacific. The main competition came from China where manufactures win contracts on price, but not necessarily on quality, he said. JT Group Unveils Expansion Plans: Bringing 100% Electric Building Wash Technology to New Zealand and Beyond![]() As the world's first 100% electric building wash company, JT Group is now expanding to take this groundbreaking technology to New Zealand and the world. With a history of innovation, JT Group is expanding its reach from New Zealand to global markets in collaboration with its sister company, Summit Building Wash Technologies. This move is marked by the commencement of manufacturing and leasing operations for their electric pressure washers, a technology that's already proving its worth nationwide. The production of these eco-friendly machines will start next month, promising a cleaner, more sustainable future in building maintenance. Production of the new electric pressure washers will start next month and all enquiries can now be directed to enquiries@jt-group.co.nz and further information can be found on the JT Group website www.jt-group.co.nz. ![]()
Featured Events
Te Wai Takamori o Te Awa Kairangi (RiverLink) | Programme Update ![]() When: Wed, 3 April Business Numbers - Looking for Issues, Challenges, and Opportunities in your Data ![]() When: Wed, 3 April Long Term Plan Consultation Workshop | Hutt City Council ![]() When: Wed, 10 April ![]() Business Skills Lunch Series: Te Reo & Tikanga at Work ![]() When: Wed, 10 April Embracing Change to Drive your Business Forward | WCBE ![]() When: Wed, 10 April Auspicious AI Master Class ![]() When: Thurs, 11 April ![]() Streetwise Marketing to Maximise ROI ![]() When: Thurs, 11 April ![]()
Member News/Events
The Brew Room | Brewtown, Upper Hutt![]() Looking for a space to get your team together? After an affordable meeting room with a difference? Brewtown is excited to present The Brew Room. The Brew Room makes meetings easy so you can focus on the important stuff and leave the rest to them, and is Fully kitted out with everything you need, Located in the heart of the bustling Brewtown complex, surrounded by bars, eateries and activities they are the perfect location for both work and play. How to Sell in a Changing World![]() B2B sales used to be like soccer with twenty-two players and thirty balls. In this metaphor, each ball was a sales opportunity. Good players could score easily, and even unskilled players had some success. But now, the economy is shrinking, and things are different. There are still twenty-two players, but only one ball. This means fewer opportunities for everyone, and the unskilled are struggling. If you want to learn more about the new rules of modern sales, register your interest below for our Ask Me Anything (AMA) webinar with Patrick McKibbin. Click this link to register and learn more about the 3-P framework and how to boost your sales performance. Sales is a contact sport – let’s get out there! ![]()
Member Offers
Z Energy | Chamber Deals![]() Z Business is delighted to advise that Chamber of Commerce members discount will increase from 10 cents per litre to 11 cents per litre off pump at service stations and truck stops from Monday 5 February. To find out more, click the button below! Inferno Outdoor Fireplaces | Chamber Deals![]() Inferno Fires specialises in making their client's dreams & memories come true in their backyard. Inferno Outdoor Fires has a special offer for Chamber members of 5% off the marked price. To find out more, click the button below! ![]() Air New Zealand | Chamber Deals![]() For businesses looking to leverage the vast array of offerings from Air New Zealand, there's good news. Air New Zealand has crafted a specialised Business Services page that outlines the multitude of options and programs available for businesses. To find out more, click the button below! Bunnings Trade | PowerPass Member Deal![]() Unlock a range of discounts and simplify the procurement of a huge range of products across our nationwide store network. ![]() Rove Rentals | Chamber Member DealLocated in Wellington Region From moving house to weekend getaways, Rove has got your transportation needs covered. They are also van and truck rental specialists. Ready to rent? Visit our website at www.roverentals.co.nz or give us a call on 04 560 4755 to reserve your vehicle. Experience the ROVE difference for yourself! ROVE Rentals - Rent What You Need, When You Need It! HVCC OFFER – 15% off base rental rate, all vehicles HOW TO REDEEM OFFER – when booking online, use code “HVC15” | when booking via phone or email, please mention this offer and confirm you are a member of the Chamber of Commerce Brendan Foot Supersite | Chamber Member DealPre-order the Next-Gen Mitsubishi Triton for March Delivery One of the top three utes in New Zealand, be one of the first to drive away the new Mitsubishi Triton from RSP $38,690 + ORC (GLX 2WD ) or $43,990 + ORC (GLX 4WD). This is the Triton’s first new model in nine years, offering a significant tech upgrade & improvements in driving & off-road performance, comfort, & safety. Pre-order now for March delivery with only $500 deposit & zero Clean Car Fee. Contact their Fleet Specialist, Gary, to see how he can help you with your fleet. Test drive from February. *Ts&Cs apply ![]() ![]() For More Offers:![]()
EMPLOYMENT
Are You Hiring?If you have a job suitable for a student, get in touch with our Education to Employment Coordinator at Hera@hvchamber.org.nz or call 04 9399821. ![]() Thank you to all our Partners As always, special thanks to all our Members and Partners for your ongoing support. ![]() ![]() |