HB Today - Business Success & Innovation 2026

NapierPortdeliverscontinuedearnings growthwithfirst-halfresult

Unauditedfinancialresultsforthehalf yearto31March2026

NapierPort(NZX.NPH),thefreight gatewayforthecentralandlower NorthIsland,todayannounced continuedunderlyingearningsgrowthfor thesixmonthsended31March2026.The resultwassupportedbyagoodgrowing season,increasedcontainerservices activity,andcontinuedprogresswithyield andproductivityimprovementstrategies.

Highlights

•Revenuerose8.8%to$84.9million from$78.1millioninthesameperiod lastyearandwasledbygrowthin containerservicesrevenue

•Resultfromoperatingactivities[1] increased12.5%to$37.3millionfrom $33.1millioninthesameperiodlast year

•Underlyingnetprofitaftertax[2] increased21.5%to$17.9millionfrom $14.8millioninthesameperiodayear ago

•Reportednetprofitaftertaxdecreased 10.8%to$18.0millionfrom$20.2 million,astheprioryearperiodincluded theproceedsfromthefinalsettlement ofCycloneGabrielleinsuranceclaims •$29.6mofcapitalexpenditurein theperiodandstrategicprojects progressingwell

•Directorsdeclareafullyimputedinterim dividendof5.25centspershare,a31% increasefromthebaseinterimdividend intheprioryearof4.0centspershare

•Nochangetoforecastunderlyingresult fromoperatingactivitiesfortheyearto 30September2026ofbetween$70 millionand$74million.

2026HalfYearReport

ChiefExecutive,ToddDawsonsaid:“Our first-halfresultispleasingandreflects theincreasedtradeactivitywesaw during2025.Itrepresentsourimproved operationalperformanceandaseason

Whatissuccess?

PeteandIoftenaskourselvesthis questionaswe,likeotherbusiness owners,ridethehighsandlowsof challengingeconomictimes.

Sometimes,whenthingsseem toughweseesuccessasseeing peopleenjoyingourfoodand hospitality.

Itcouldbeasimplemomentwhen someonereceivestheirmealand theirfacelightsup.

Itcouldbethesurprisepartyor thepeoplewhobumpintoold friendsandsuddenlyrekindlethe past.

Maybethecouplethatfirstmet atJARKsastwoindividualswho nowsharelifeasahappycouple. SuccessoftheJARKscupid!

Itdoesnotcomeeasyandis somethingonlyeverachievedby beingsupportedbygoodstaff, loyalcustomers,suppliers,the supportofpeopletohelpshare theloadorunknowinglygive mentorship.

Successintoday’sworld,toa degree,isaboutsurvivaland aboveallelsecertainlynot measuredbythedollarinthebank butbywhatwegetfromandgive backtothecommunitywelivein. Survivalcomesfrombeing innovativeenoughtostickwith whatisworkingandchangingwith whatthecustomerswant,trends change,wehavetomovewiththe

timeswithoutdestroyingwhatis good.

Anysuccessfulbusinesshastoride somehighsandsomelowstotruly appreciatethegoodtimes.

Onethingwebelieveleadsto successistreatingeachperson associatedwithourbusinesswith respect.Beingthankfulandletting themknowtheyareappreciated. Takenothingforgranted.

Wefeelblessedbythepeoplewe havearoundus,thepeoplethat eachcontributeintheirownway tosupportus...successishaving ajobthatdoesn’tfeellikeajob, havingstaffthatfeelmorelike family,havingcustomersthatfeel likeguestsinourhome.

ThisSeptemberitwillbe19 yearssinceweopenedJARKsin Waimaramaanditsatidlesome timeafterweboughtJARKsto town.Theinnovationofturning theoldcafeintoaccommodation knownasAROHAAT2252–accommodationforfamiliesor largegroups.Thesuccessisseeing itusedforgatheringsfromsmall weddingstobirthdaycelebrations andsmallworkconferences.

InAugustJARKsHastingsturns 12...successissurvivalandthat comesfromtreatingpeople thewayyou’dliketobetreated yourself.

Marianne(&Pete.)

withfavourablegrowingconditionsthat hasresultedingrowthinrefrigerated containercargovolumes–particularly acrosssquash,onionsandappleexports. Thisresulthighlightsthevalueof adiverseandresilientcargobase, supportedbytheoperationalflexibilityto delivercapacityandportservicesneeded byourcustomers.Partiallyoffsetting increasedcontaineractivity,wehave seenafurtherdropincruisevesselcalls thisseasonwhiletheNZcruiseindustry continuesitseffortstorebuildcruise callstoNZ.LogexportsfromNapierPort aredown5.4%intheperiodandcurrent

marketconditionsarechallengingfor logexportersduetoincreasingfueland supplychaincosts.

“Wearedeliveringonourstrategic projectstoenhanceouroperating capability.Ourinvestmentsinourexisting cranes,dredgevesselthatisunder construction,newmooringtechnology, andourcontainerterminaltransformation areprogressingwell.Thesewilldeliver improvedcapacity,servicecapabilities andoperatingefficienciesasthey completeoverthenextyear.”MrDawson said.

[1]Resultfromoperatingactivitiesisan alternativenon-NZGAAPmeasureand representscoreunderlyingoperating earnings.Forfurtherinformationplease refertoNote10ofthe2026HalfyearInterimConsolidatedFinancial Statements.

[2]Underlyingnetprofitaftertaxisan alternativenon-NZGAAPmeasurethat comprisesreportednetprofitaftertax adjustedforcertainnon-recurringand unrealisedfairvaluerevaluationitemsto provideconsistencyandcomparability ofthefinancialinformationoverthe periodspresented.Forfurtherinformation pleaserefertoNote10ofthe2026 Half-yearInterimConsolidatedFinancial Statements. NZXandmediarelease 20May2026

Withbreathtakingviewsover WaimaramaBeachandatranquil ruralbackdrop,Aroha@2252is aclassyretreatofferingmodern comfortsandtimelesscharm.

BookorviewonlinethroughBach carewebsiteSearchArohaat 2252.Tohostagroupfunction pleaseemailownersMarianne& Peterdirect-poszeluk@xtra.co.nz orvisitaroha2252.co.nz

Comeandseeustodayandenjoy qualityfoodandservice,while relaxinginanenvironmentwhere youfeelcomfortableandwelcome.

Connectionandcollaboration drivingHawke’sBayforward

Hawke’sBaybusinessescontinue toshowwhatmakesourregion special.Timeandtimeagainwesee resilience,innovationandawillingnessto supportoneanother,andthereisareal senseofoptimismemergingacrossour businesscommunity.

AttheHawke’sBayChamberof Commerce,wecontinuetoseebusinesses lookingaheadandaskingimportant questionsaboutwhatcomesnext.Our roleistolisten,respondandcreate opportunitiesthathelpbusinesses connect,growandprepareforthefuture. Onetopicthathasconsistentlycome throughinourconversationsthisyearis energy.

Energycontinuestobeoneofthe biggesttopicsraisedbybusinesses asorganisationsthinkaboutgrowth, productivityandlong-termplanning. Businessesaretellingustheywant practicalinformationanddiscussionaround whatthefutureofenergymeansfortheir organisationsandindustries.Inresponse, oneofourkeyinitiativesfor2026isthe upcomingHawke’sBayEnergySummit. Thesummitwillbringtogethersector leaders,businessesanddecisionmakers todiscussoneofthebiggestissuesfacing ourregion.ThroughourLeadersCircleand widerChambernetworks,wecontinueto seeorganisationssteppingupandworking

LeadersCircleatNapierPorttotalkabouttheEnergySummit.Frontrow ltor:JohnO’Sullivan-Tumu,SallyGallagher-ApolloFoods,ToddDawsonNapierPort,KarlaLee-ChamberofCommerce,CraigSims-CraggyRange.

togethertotacklechallengesandcreate opportunitiesforHawke’sBay.

Thatwillingnesstocometogetherand supportoneanotherremainsoneofthe strengthsofourregion.

We’reseeingthatthroughtheYoung EnterpriseScheme,wheremorethan 500studentsacrossHawke’sBayhave beeninvolvedthisyear.TherecentYES SparkTankeventsawmorethan120 volunteerspeedcoachesgivetheirtime andexpertisetosupportaspiringyoung entrepreneurs.Itwasanotherreminder ofthewayourbusinesscommunitygets behindouryoungpeopleandinvestsin futuresuccess.

ChesterhopeKennels

FirstClassCareforyourFourLeggedFamily

Yourfurryfriendwillloveourkennelsin HawkesBay!

AtChesterhopeKennelswemakesure thatyourdoghastheverybeststay awayfromhomeincomfortableandfun surroundings.

OurHawkesBaykennelshavefullindoor heatedandcooledareassoyourdogis comfortableallyearround.Wecaterfor bothlongandshortstays,includingan affordabledoggydaycareandgrooming service.

Ourdogkennelscaterforyourbest friend’severyneedwiththebenefit ofalifetime’sexperiencewithdogsin breeding,groomingandshowing.You knowyourfavouritefriendwillbein goodhands,asourkennelshavebeen establishedforover20years!

Weareafamilyownedandrunbusiness

specialisingincompletecareforyourpet, andasaAdvancesponsoredkennelyour dogisensurednothingbutpremiumfood! Ourteamhasover50years'combined experiencewithdogsandalwaysenjoys makingnewfurryfriends!Contactus todaytofindoutmore. Phoneustoday068784890/0274507709

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Celebratingachievementalsoremainsan importantfocus.

ThePanPacHawke’sBayBusiness Awardscontinuetorecognisethe innovation,leadershipandresilience thatexistsacrossourregion.Theawards provideanopportunitytocelebratethe innovation,leadershipandsuccessstories helpingshapeHawke’sBay.

Alongsidetheseinitiatives,wecontinue tosupportarangeofprogrammesand eventsdesignedtomeetthechanging needsofourbusinesscommunity.This includesinitiativesfocusedonwomenin leadership,practicalAIworkshopsand industryprogrammessupportingsectors

suchastrades,civilandconstruction. Weknowbusinessesareoperatingina changingenvironmentandarelooking forpracticalwaystoimproveproductivity, strengthencapabilityandprepareforthe future.Ourfocusremainsonrespondingto whatbusinessesaretellingustheyneed andcreatingopportunitiestoconnect, learnandgrow.

AsaChamber,ourfocusremainson advocatingforourregion,bringingpeople togetherandrespondingtotheneedsof ourbusinesscommunity.Hawke’sBay businessesareattheirbestwhenthey areconnected,supportedandworking together.

DOGGYDAYCARE BOARDINGGROOMING

Celebrating Wairoa Business

Wairoaishometoadiverserangeofhigh-performingbusinessesthatgoaboveandbeyondtodeliverexceptional products,services,andexperiencesfortheWairoacommunityandvisitorsalike.Wecelebrateandrecognisesome oftheseoutstandinglocalbusinesses.

TheLimery

Twogoldawardsfor100%Pure LimeJuiceand100%PureLemon Juiceinthe2026Outstanding FoodProducerAwards.

Establishedin2010byDianne Downeyandherlatehusband,Paul Hyslop,TheLimeryisaconsistent awardwinner.Thewinning productswerelaudedfortheir authentic,sharp,andnaturalflavour, producedwithoutaddedsugars orconcentrates,makingthema consistentchoiceforkitchensand

bars.TheLimeryoperatesafully integrated,purpose-builtfacilityin Wairoa,growing,harvesting,and processingitsownfruitandlocal growers’contributionstodelivera high-quality,year-roundsupplyto meetitsbrand’smarketdemand.

HairandBeautyIndustryTraining Organisation(HITO)Trainerand ApprenticeoftheYear.

BeautyAntixisarenowned,main street,multi-award-winningbeauty salon,dayspa,andBeautyand HauoraTrainingAcademy,owned byAmberForrest.Withover30 yearsofindustryexperience, Amberisusingherskills, experienceandknowledgetotrain andempowerthenextgeneration ofbeautytherapistsbasedonthe valuesof‘exceedingexpectations withexpertise’.

NgātiPāhauweraCommercialDevelopment

Winnersofthe2026NapierPort Hawke’sBayPrimarySector AwardsforHorticulturalistofthe Year.

Amberandherapprentice,Timara Eriha,tookhometheNewZealand TrainerandNorthernApprenticeof theYeartrophiesatthe2025HITO awards-atruetestamenttotheir hardworkanddedication.

NgātiPāhauweraCommercial DevelopmentLimitedwasnamed winneroftheHorticentreHawke’s BayHorticulturalistoftheYearat the2026NapierPortHawke’sBay PrimarySectorAwards.Theaward recognisestherapiddevelopment ofthehigh-performing,forwardthinking55-hectarepipfruitorchard atPākuratahi,andanexpanding appleorcharddevelopmentat MautauanearRaupunga.This awardhighlightstheiwisuccess incombiningcommercial, environmental,andcommunity outcomeswithafocusoncreating employmentandopportunitiesfor whānau.

CartersWairoa

WinneroftheBestSmallBranch Award.

WinneroftheBestSmallBranch Awardfor2025,thesecondyearin arow,andtheonlybranchtohave everwonback-to-backawards.

Theawardrecognisesthe strengtheningofthebranch throughstronger,smarterand moreresilientprocessesdelivering outstandingresults,deepening communityconnections,and buildingahigh-performingteam culturethatsetsthestandardfor excellence. Wairoa-bornandbredmanager JamieTollisonsaidsheandher staffwereoverthemoontohave pickedupthebestbranchaward forthesecondyearinarow.

CollaborativeProjectsStudio

WinnersoftheCommercial ArchitectureCategoryinthe2026 Gisborne/Hawke’sBayRegional ArchitectureAwards.

Thisawardrecognisesthedesign workfortheTeWairoaeWhanake, AhiKōmauGemmell’sonParade, andisiteWairoaVisitorInformation CentreonWairoa’smainstreet.

EastendCaféandBar

RestaurantGuru2026awardfor bestdessertsinWairoa.

Situatedat250MarineParade, EastendCaféandBarisago-tofor localsandvisitors.Fromitsquirky mosaic-and-cutleryentrancetoits

Thedevelopmentwasdesigned byWairoa-basedCollaborative ProjectsStudioarchitects MatteoGarbagnatiandGabriela Kopacikova,alongsidecommunity contributors.

Theprojectwoveoldandnew intoafunctionalcivicspace, transformingafire-damagedsite intoanareathatnowfeaturesretail, hospitality,acommunitycourtyard, andtherelocatedisite.

outdoorseatingoverlookingthe WairoaRiver,EastendCaféandBar continuestocementitsspotonthe country’scafétrail.

OwnerDonnaPrisetley,supported bybakerextraordinaireEshay Matthews,hasexpandedthe rangeofcakesandslices,with thetastytemptationsflyingout ofthecabinets.EastendCafé andBarpridesitselfonusing freshproducts,bigflavourand homemadegoodness.

BuildingthefutureinHawke’sBay

AcrossHawke’sBay,thesteady riseofnewresidentialhousing isreshapingneighbourhoods andsignallingrenewedconfidencein theregion’sfuture.Fromgreenfield subdivisionsontheedgesofHastings andNapiertocarefullyplannedinfill developmentsclosertotowncentres, buildersarerespondingtosustained demandformodern,resilienthomes. Populationgrowth,changinglifestyles, andtheongoingneedtoreplacehousing losttorecentweathereventshaveall contributedtoaconstructionpipelinethat remainsactivedespitewidereconomic pressures.

Newsubdivisionsareemergingin areassuchasFlaxmere,Havelock North,andBayView,offeringamixof standalonefamilyhomes,townhouses, andduplexesdesignedtosuitarange ofbudgets.Developerssaytherehas

beenanoticeableshifttowardpractical layouts,lower-maintenancesections,and featuresthatsupportlong-termdurability. Thisincludesdoubleglazing,improved insulation,andmaterialschosentoperform betterinHawke’sBay’svariableclimate. Inmanyprojects,sustainabilityisno longeranoptionalextrabutacoredesign principle.Solar-readyroofs,water-efficient fixtures,andthoughtfulorientationto maximisenaturallightarebecoming standardinclusionsratherthanpremium upgrades.Thesefeaturesnotonlyreduce runningcostsforhomeownersbutalso alignwithgrowingexpectationsaround environmentalresponsibility.

Localbuildersandtradespeopleare playingacentralroleindeliveringthese developments,providingemployment andsupportingtheregionaleconomy. Whilesupplychainchallengesand labourshortageshavetestedthesector

nationally,manyHawke’sBayfirmsreport cautiousoptimismasprojectscontinueto movefromconsenttocompletion. Forcouncils,thebuildingboombrings bothopportunitiesandresponsibilities. Investmentsinroads,waterinfrastructure, schools,andcommunityfacilitiesare essentialtoensurenewhousingintegrates smoothlywithexistingsuburbs.Planning rulesandhazardassessmentsarealso shapingwhereandhowhomesarebuilt, withastrongfocusonsafetyandlongtermresilience.

Lookingahead,newresidential constructionisexpectedtoremaina definingfeatureofHawke’sBay’sgrowth. Asdevelopmentstakeshape,theyreflect morethanjustanincreaseinhousing numbers;theyrepresenttheregion’s determinationtorebuild,adapt,and provideplacespeopleareproudtocall home.

Realestateagentsnotethatbuyerinterest remainsstrong,particularlyforwell-located newbuildsthatmeetcurrentbuilding standardsandofferpeaceofmind.Firsthomebuyersaredrawnbyturnkeyoptions thatreduceuncertainty,whiledownsizers valuesingle-leveldesignsthatallowthem tostayconnectedtotheircommunities. Together,thesetrendssuggestthat thehomesrisingacrossHawke’sBay todaywillshapehowtheregionlivesfor decadestocome.

Formanyresidents,watchingnewstreets formandhousestakeshapeisavisible signofmomentum,resilience,andbeliefin Hawke’sBayasaplacetoputdownroots andinvestinthefuture.Thatconfidence underpinstheregion’snextchapterand continuestogrowwitheverycompleted homeandeveryfamilywelcomedinto thesecommunitiestogether.

Experienceartonyourfloor,tableand wallswithPersianRugGalleryHB Let’shaveaqualitylifewith aStunningPersianRugand createaluxuryfloor.

AuthenticRugs,Kilim,TableCloths, GenuineLeatherProducts, HandCraftedGoodsandmore...

Chemz - where family meets innovation

Tucked into Hawke’s Bay’s manufacturing landscape, Chemz Ltd stands as a distinctly local success story - a family-owned business built on practical innovation, industry experience and a commitment to doing things the right way Established in 2000 by founder John Berry, the company has grown from humble beginnings into a trusted name supplying specialist aerosol and bulk chemical products across New Zealand Berry’s journey into manufacturing was anything but conventional With more than four decades of experience in the petroleum and industrial sectors, including time spent working internationally he returned to New Zealand with a clear vision: to create a Kiwi-owned alternative to multinational chemical suppliers What began as Chemix - launching with just nine core products - quickly evolved into Chemz Ltd, driven by a simple philosophy that still underpins the business today: “do it properly or not at all”

From those early days, the company has expanded significantly Today, Chemz Ltd offers an extensive portfolio of over 100 specialised products tailored to specific

industries, including automotive, electrical, industrial, food-grade manufacturing and forestry sectors Its product range centres on trade-quality solutions - cleaners, lubricants, coatings and maintenance products - designed to perform under New Zealand’s unique conditions

A glance at the catalogue reveals just how diverse that offering has become From rapid-drying brake cleaners and heavy-duty chain lubricants to industrial degreasers, electrical contact cleaners and zinc-rich primers, Chemz Ltd has carved out a niche for reliable, task-specific products Its food-grade line supports hygienic manufacturing environments, while high-visibility marker sprays are

widely used in forestry and construction

Even its paints and coatings, including enamel finishes and corrosion-resistant primers, speak to a business that understands the everyday demands of tradespeople

Yet behind the product lines sits a deeply personal story Chemz Ltd remains firmly family-owned with members of the Berry family continuing to play an active role in the company’s direction John Berry works alongside his daughter Tiffany who is a director This reflects a new generation stepping into leadership and helping guide the business forward This continuity ensures that decision-making remains grounded in the same values that shaped the company from the outset - accountability, loyalty and long-term thinking

Operating from its purpose-built facility in Whakatu, Chemz Ltd has retained a strong regional identity while serving customers

nationwide Its team works closely with distributors and end users, offering technical support and product knowledge that goes beyond a standard supplier relationship That hands-on approach echoes the founder’s original intent: to create not just products but solutions tailored to real-world applications

More than two decades on Chemz Ltd continues to quietly challenge larger global competitors Its strength lies not in scale, but in focus - developing products that meet local needs, backed by people who understand the industries they serve As Berry himself envisioned, it is a company built for Kiwi conditions, by a Kiwi family

In an era increasingly dominated by corporates, Chemz Ltd story is a reminder that family businesses still play a vital role in New Zealand’s economy - combining expertise adaptability and personal investment to deliver products that customers trust, year after year

Solarpowertakesflight atHawke’sBayAirport

Hawke’sBayAirporthastaken amajorsteptowardamore sustainablefuturewiththe installationofanewsolarpanelsystem byEcoefficientSolutionsNZ.Theproject marksasignificantmilestonenotonlyfor theairportbutalsoforthewiderregion, highlightinghowlocalbusinessesand infrastructurecanworktogethertoreduce carbonemissionsandembracerenewable energy.

Theinstallation,completedearlierthisyear, featuresalargearrayofhigh-efficiency solarpanelsdesignedtogenerateclean electricitydirectlyon-site.Positioned tomaximiseexposuretoHawke’s Bay’sabundantsunshine,thesystemis expectedtooffsetasubstantialportionof theairport’sdaytimeenergydemand.The installationfeatures615panels,375kWof

capacity,andexpectedtosupplyover40% oftheterminal’sannualelectricitydemand. Airportsaretraditionallyenergy-intensive environments,requiringpowerforlighting, securitysystems,terminaloperations,and airfieldinfrastructure.Byharnessingsolar energy,Hawke’sBayAirportisreducing itsrelianceongridelectricityandlowering operationalcostsovertime.

EcoefficientSolutions,aHawkesBay companyspecialisinginsustainable energysystems,ledthedesignand installationprocess.Theirexpertise ensuredthatthesystemwastailored specificallytotheairport’soperational needswhilemeetingstrictsafetyand regulatoryrequirements.Thecollaboration demonstratesthegrowingcapabilitywithin theregiontodeliverlarge-scalerenewable projectsusinglocalknowledgeandskills.

Airportmanagementhasdescribedthe solarinitiativeasakeypartofitslong-term sustainabilitystrategy.Inrecentyears, airportsacrossNewZealandhavebeen underincreasingpressuretoreduce theirenvironmentalimpact,particularly asairtravelcontinuestogrow.Theshift torenewableenergyisseenasoneof themosteffectivewaystoaddressthis challenge.AtHawke’sBayAirport,the solarprojectalignswithbroadereffortsto improveenergyefficiency,reducewaste, andsupportclimategoals. Thebenefitsextendbeyondenvironmental gains.Bygeneratingitsownelectricity, theairportisbetterpositionedtomanage risingenergycostsandimproveresilience againstdisruptionsinthewiderpower network.Duringpeaksunlighthours,the systemcansignificantlyreducedemand

onexternalsupply,contributingtogreater stabilityandsustainability. ForEcoefficientSolutions,theproject representsanimportantshowcaseofwhat canbeachievedlocally.Thecompanyhas emphasisedtheimportanceofcommunitydrivensustainabilityinitiatives,notingthat projectslikethishelpbuildmomentumfor furtherinvestmentinrenewableenergy acrossHawke’sBay.Theyhopetheairport installationwillinspireotherbusinesses andorganisationstoexploresimilar solutions.

Asthepanelsbegintodeliverclean energy,Hawke’sBayAirportissetting anexampleforregionalinfrastructure nationwide.Theprojectreflectsa growingrecognitionthatsustainability isnolongeroptionalbutessential forfuturedevelopment.Withstrong sunshine,innovativelocalproviders,anda commitmenttoprogress,Hawke’sBayis wellpositionedtoleadthechargetoward agreenerfuture.

Thesolarinstallationismorethanan upgrade-itisavisiblesignofchange, signallingthatevenessentialtransport hubscanplayameaningfulroleinbuilding amoresustainableNewZealand.

NaturalEdgeJoinerywins RegionalMasterJoinersAwards

NaturalEdgeJoineryiscelebratingamajor milestoneafterwinningBestinRegion–Hawke’sBay&PovertyBayatthe2026 MasterJoinersAwardsinQueenstown—a standoutachievementforayoung,family-run business.

FoundedinSeptember2023byJamesand StaceyCoutts,theHavelockNorth-based companyhasquicklyestablishedareputation forbespokecraftsmanshipandpersonalised service.ServicingthewiderHawke’sBayregion, thebusinessreflectsthecouple’slong-heldvision ofbuildingbothafamilyandathrivinglocal joinerybrand.Jamesleadsoperationsandclient relationships,whileStaceymanagesbrandingand marketing.

Theiraward-winningPuketapuKitchenhighlights thecompany’sfullycustomapproach.Designed toblendrelaxedcountrylivingwitharefined Mediterranean-inspiredaesthetic,thespacewas tailoredtothehomeowners’lifestyle.Itfeatures timberveneershakercabinetry,integrated appliances,smartstoragesolutions,andwaterfall acrylicbenchtopsmanufacturedin-housefrom premiummaterials.Theresultisakitchenthat combineseverydayfunctionalitywithunderstated elegance,designedasthehome’scentralhub.

TheMasterJoinersAwardsrecogniseexcellence incraftsmanship,innovation,anddesignacross

Familyownedandoperated—JamesandStacey Coutts.

NewZealand,withentriesjudgedtostrictnational standards.ForNaturalEdgeJoinery,thewin reflectsboththequalityofitsworkandthe strengthoflocalcraftsmanshipinHawke’sBay. Italsohighlightsthecollaborativenatureoftheir projects,withtheteamworkingcloselyalongside homeowners,builders,designers,andsuppliers todelivertailoredoutcomesusinghigh-quality materialsandhardware.

Thecoupleextendtheirgratitudetotheirclients, whosetrustandinputplayedakeyroleinshaping thefinaloutcome.Theirwillingnesstoembrace bespokedesignallowedNaturalEdgeJoineryto deliversomethingtrulyspecial.

Fairways24/7SimGolfoffersafresh andmodernexperienceforHastings andthewiderHawke’sBayregion, combiningtechnology,flexibility,andsocial connectioninawaythatstandsapart fromtraditionalgolf.

TwoHawke’sBaybornandbredbuilders,Ricky FairbrotherandThomasWoodham,whobothhave youngfamilies,cameupwiththeconceptastheywere wantingsomethingdifferentforthemselvesandthe widercommunity.

Atitscore,itallowsplayerstostepindoorsandtake onworld-famousgolfcourses,sharpentheirskills,or simplyenjoyafunandrelaxedsessionwithfriends. Theconceptappealstoawiderangeofpeople,from experiencedgolferstocompletebeginners,makingit asmuchaboutentertainmentasitisaboutimproving yourgame.

Thecustomerexperienceisdesignedtobeseamless fromstarttofinish.Bookingsaremadeonline,and playersreceivesecureaccessdetailsaheadoftheir session.Thismeansnowaiting,nostaffrequirements, andacompletelystress-freearrival.Onceinside, customersaregreetedwithaclean,comfortable environmentfeaturinghigh-qualitysimulatorsandclear instructions,allowingthemtogetstartedimmediately andfocuspurelyonenjoyingtheexperience.

Akeyhighlightistherealismofthesimulator technology.Advancedtrackingmeasuresballspeed, spin,launchangle,shotshape,anddistance,delivering highlyaccuratefeedbackwitheveryshot.Thiscreates aplayingexperiencethatcloselymirrorsbeingout onanactualcourse,minusthechallengesofweather orlostballs.Playerscanchoosefromhundredsof coursesthroughtheGSProsystem,rangingfromwellknownchampionshiplayoutstoimaginativefantasy designs,ensuringthereissomethingforeveryone.

AccessibilityiscentraltoFairways24/7’sappeal.The facilityisopenaroundtheclock,allowingcustomersto playwheneveritsuitstheirschedule—earlymornings, latenights,oroutsidestandardworkinghours.This flexibilityhasprovenespeciallyvaluableforlocals balancingwork,family,andothercommitments, removingtheusualbarriersassociatedwithbooking timeonatraditionalcourse.

Thevenuealsolendsitselfnaturallytosocial experiences.Groupscangatherinaprivateindoor settingwhereskilllevelisnobarriertoparticipation. Friendscancompete,celebrategreatshots,andshare laughs,whilebusinessescanusethespaceforteambuildingorcorporateevents.Itprovidesanengaging alternativetotypicaloutingslikediningordrinks, offeringsomethingactive,interactive,andmemorable.

IndoorgolfalsocomplementstheHawke’sBay lifestyle.Whiletheregionisknownforoutdoor recreation,thesimulatorprovidesareliableoption whenweatherconditionsarelessthanidealorwhen playerswantaquicksessionwithoutcommittingto afulldayonthecourse.Itsupportsyear-roundplay whilemaintainingarealisticandenjoyablegolfing experience.

Sinceopening,theHastingscommunityhas respondedenthusiastically.Thecustomerbasehas beenbroaderthanexpected,extendingwellbeyond traditionalgolferstoincludefamilies,couples,younger groups,andfirst-timers.Thisdiversityhighlightsthe universalappealoftheconcept,creatingaspace whereanyonecanstepin,haveago,andleavewitha memorableexperience.

Fundingisagame-changerforEIT

TheEasternInstituteofTechnology (EIT)haswelcomedCabinet’s approvalof$10millionfromthe Government’scontingencyfundto supporttherebuildandimprovement ofitsHawke’sBayCampusinTaradale followingCycloneGabrielle.

Cabinet’sdecision,announced yesterday,followsthedevastation causedbyCycloneGabrielleinFebruary 2023,whichresultedincatastrophic floodingacrossthecampus.

About90percentofground-floor buildingswereinundatedwithfloodwater andcontaminatedsilt,damagingmore than500teachingandsupportspaces andforcingwidespreaddisruptionto learningandoperations.

Manybuildingswereunusablefor months,withteachingdeliveredacross temporarysitesthroughoutNapierand Hastingswhilerepairsprogressed.

EIThassinceworkedtorestorecampus functionality,usinglimitedinsurance proceedstocarryoutessential remediationandkeepprogrammes running.Whilesignificantprogresshas beenmade,insurancefundinghasnot beensufficienttofullymeetlong-term rebuildneeds.

EITCouncilChairDavidPearsonsaid theGovernment’sdecisionwasaturning point.

“Thisfundingisagenuinegame-changer forEIT.Wehaverebuiltasmuchas wecouldwiththeresourcesavailable,

buttherehavebeencleargapsthat insurancesimplywillnotbeableto cover.

“Thisinvestmentgivesuscertainty aswecompletethenextstageofour rebuildandplanforthefuture.Iam

delightedanddeeplyappreciativeofthe Government’ssupport.”

EITacknowledgedthesupportof MinisterforTertiaryEducationandSkills HonPennySimmonds,alongwithlocal MPs,regionalleaders,iwipartnersand

thewidercommunity,whosupported theinstitutethroughitsrecoveryand returntoindependencefollowingthe disestablishmentofTePūkenga.

ChiefExecutiveLucyLaitinensaidthe fundingcomesatapivotaltimeasEIT movesforwardasanindependent institution.

“EITiswellandtrulybackinbusiness. Ourstudentenrolmentsarestrong,our staffareenergisedbyourindependence, andwearereconnectingwithlocal industryandourwidercommunitiesto ensurewearemeetingtheirneeds.This fundingwillhelpfillcriticalgapsinour rebuildandensureourTaradalecampus cancontinuetoserveHawke’sBayfor generationstocome.”

Shesaidtherecoveryreflectsthe commitmentandresilienceofstaff, studentsandsupportersacrossthe region.

“Weareincrediblygratefulforthe supportwehavereceivedthroughthick andthinfromgovernment,ourlocalMPs, regionalandcivicleaders,iwi,industry partnersandthecommunity.Wenever stoppeddeliveringforourlearners,and thisinvestmentallowsustofocuson rebuildingacampusthatisresilient,fit forpurpose,andalignedwithHawke’s Bay’sfutureskillsneeds.”

ThefundingwillenableEITtoaccelerate rebuildingwork,improvecampus infrastructure,andstrengthenitslongtermsustainabilityasHawke’sBay’s regionalinstituteoftechnology.

Localfood,local

TheHawke’sBayFarmers’MarketisoneofNew Zealand’soldestauthenticfarmers’markets,servingthe bestoftheBayfor25years.AlongsidetheNapierUrban Farmers’Market,thetwodistinctmarketsbringtogether localgrowers,producersandmakers,allsellingfoodthey growandcreatethemselves.

Enjoyafreshlyroastedcoffee,pickupingredientsfora weekendbrunch,ortaketimetocatchupwithfriends allwhileshoppingfresh,seasonalfoodandsupporting Hawke’sBaybusinesseseachweekendinHastingsand Napier.

Hawke’sBaytohost2026 GreatWineCapitalsconference

In2023,Hawke’sBaywasannouncedasthenewest GreatWineCapital(GWC),joininganexclusive networkofcitiesaroundthegloberecognisedfor deliveringapreeminentwinetourismexperience.Itwas announcedasthehostofthe2026GWCConference andAGMatlastyear’seventinBordeaux.

Themed‘AWorldofNew’,thebusinesseventis expectedtoattractmorethan150delegatesincluding internationalwinetourismtravel-trade,media,winerelatedbusinessesandacademics,plusmembers fromthe11GreatWineCapitalcities–Bordeaux, Mainz/Rheinhessen,Lausanne,Verona,Porto,Bilbao/ Rioja,SanFrancisco/NapaValley,Adelaide,Mendoza, Valparaiso/CasablancaValley.Alsoattendingwillbe delegatesfromnewObserverMembertheChinesecity ofYantaiintheShandongProvince.

Hawke’sBayTourismCEOHamishSaxtonsays:“The GWCisaninfluentialglobalbrandthatalignsbeautifully withHawke’sBay’spositionasNewZealand’sFood andWineCountry.It’saboutputtingHawkesBayon themapasapremiumwineregionandbringingNew Zealandwithus.

“HostingthisconferenceandAGMwillalsoshowcase theamazingvenues,accommodationandactivities acrossNapierandHastingsandtheregion’sabilityto hostinternationalhigh-qualitybusinessevents.”

Astheoldestwine-growingregioninNewZealand, Hawke’sBayboastsamixofrenownedinternational winebrandsandindependentwinemakersproducing morethan38varietals.

Thefive-dayeventwillincorporatetheconferenceand AGM,famils,knowledgeexchangeandtechnicalvisits, andNewZealand’sfirstwinetourism–focuseddayfor

ChurchRoadWinery,courtesyHawke’sBayTourism.

thetraveltrade.Theprogrammewillalsofeaturean internationalwinetasting,galadinner,andtheannual InternationalBestofWineTourismAwards. Organisersareindiscussionwithlocaltaiwhenuato ensuretheeventfollowsappropriatetikanga(Māori protocols)andrepresentstheuniquecultureof Aotearoa.

TourismNewZealandGlobalManagerBusinessEvents PenelopeRyanadds:“NewZealandisgainingastrong reputationasahostofpremiumwineindustryevents. Theabilitytoblendworld-classwineexpertiseand

SecuritysysteminstallationHawke’sBayandbeyond.

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experiencesamidstbeautifulsurroundingsisextremely appealingtobotheventorganisersanddelegates.” LastyearChristchurchwelcomed430delegates includinginternationalwinewriters,influencers,media, andspeakersforPinotNoirNewZealand2025.The InternationalCoolClimateWineSymposiumwas alsoheldatTePaeChristchurchConventionCentre inJanuary2026,drawinganestimated500cool climatewinespecialistsfromaroundtheworld;while Marlboroughissettohost400delegatesatthe SauvignonBlancNewZealandConferenceinFebruary 2027.

Weareproudtosupplythehighestqualityhomesecuritysystemsdesigned foryourpeaceofmind.Weofferarangeofsystemstomeetyourhome’s needs.WhetheritbeanIntruderalarm,CCTV,doorentrysystemoran integratedsystemourconsultantswilltailorasolutiontoyou.

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Everybusinesshasdifferentneeds,fromprotectingvitalinformationto safeguardingvaluableassets.We’lltalkaboutyoursecurityconcernsand designthebestsolutionthatmeetsyourinsurancerequirementsandfits withinyourbudgettoensuresecuritythat’salwaysworking.Ourcommercial securitysystemsportfolioincludesintruderalarms,accesscontrol,video surveillanceandfirealarmsystems,fromstand-alonedevicesthroughto fullyintegratedcorporatesolutions.

1285OmahuRoad,HastingshasbeensecuredbyPGGWrightson

Hawke’sBayholdsitsown

ByDannyBlair,ColliersHawke’sBay

Theworldfeelsalittleless predictablerightnow.Conflict intheMiddleEasthaspushed oilpricesaboveUSD$110abarrel, disruptedshippingthroughtheStraitof Hormuz,andunsettledfinancialmarkets globally.ForNewZealand,thattranslates toaweakerdollar,higherfuelcosts,and aslowerroadtorecoverythanmanyhad anticipatedatthestartoftheyear.

However,thereisanothersidetothestory.NewZealand isstillexpectedtooutperformmanyadvancedeconomies throughthisperiod.TheIMFforecastsaverageannual GDPgrowthofaround2.3%overthenextfiveyears, alongsidelowerinflationthancomparablenations. Inanincreasinglyuncertainglobalenvironment,that positionsNewZealandasaquietlyappealingoptionfor internationalinvestorsseekingstability.

SowheredoesHawke’sBayfitwithinthispicture? Relativelywell,asitturnsout,despitechallengesinthe localfoodprocessingsectorfollowingtheannounced closureoftheMcCain’sHastingsplantandthefrozen packinglineattheHeinzWattie’ssite.

TheColliersInvestorConfidenceSurvey,conductedin JanuaryandApril2026,showsadeclineinconfidence acrossmostNewZealandmarkets,whichishardly surprisinggivencurrentconditions.Encouraginglythough, regionsunderpinnedbystrongprimaryindustriesare holdingupbetterthanthemaincentres.Dairyprovides

agoodexample:therecentFonterrapayouthas beensignificant,andthatinjectionofcapital tendstoflowquicklythroughlocaleconomies, liftingbusinessconfidenceandspending. Hawke’sBay’seconomyisfirmlyanchoredin foodproduction,horticulture,viticulture,and supportingprocessingandlogistics.While thesesectorsarenotimmunetorisingfuel costs,theyaregenerallylessexposedthan urbanofficeorCBDretailmarkets.Industrialand logisticspropertydoesfacemoredirectpressurefrom energycosts,butvacancyrateswerealreadylowheading intothisperiod,providingameaningfulbuffer.

Thedatareinforcesthisresilience.Hawke’sBayrecorded thestrongestannualgrowthincommercialpropertysales volumesofanyregioninthecountry,withanincrease ofjustunder29%overthemeasuredperiod.Thatisa standoutresultbyanymeasureandreflectsgenuine underlyingdemand,ratherthanpurelyopportunistic activity.

Thismomentumisalsoevidentontheground.Recent transactionsincludetheunconditionalsaleoftheformer KaramuHoldensiteonKaramuRoadinHastingsto TurnersCars.

Leasingactivitytellsasimilarstory.Theformer Placemakerssiteat43CorunnaBayinNapierhasbeen leased,ashasthe7,930sqmdistributioncentreat59 KirkwoodRoadinHastings.Inaddition,the10,000+sq mofficeandwarehousefacilityat1285OmahuRoadin HastingshasbeensecuredbyPGGWrightsonforitsretail, office,andtradeoperations.Thesearesubstantialdeals,

highlightingthedepthofdemandinthelocalmarket. Abroadertrendworthnotingisthelinkbetween populationmovementandcommercialpropertydemand. Aspeoplemoveintoaregion,theydriveemployment, spending,andtheneedforbusinessspace.Canterbury isaclearnationalexample,wherestrongnetinternal migrationhascoincidedwithan8.5%increasein commercialpropertysales.

Hawke’sBayhasalsobeenattractingbothresidents andbusinessesinrecentyears,andthisstructuralshift continuestounderpindemandforqualitycommercial space.

Sowhatshouldlocalbusinessownersandinvestorstake fromallofthis?

Uncertaintyisundoubtedlyafactor,butitisnotthewhole picture.Leasingdecisionsmaytakelongerasbusinesses seekclarityaroundcosts,whilerentalandvaluegrowth islikelytobemoremeasuredthanitwouldhavebeen inamorestableenvironment.Constructioncostsremain steadyfornow,althoughglobalsupplydisruptionscould flowthroughwithalagofaroundninemonths.

Forthosetakingamedium-termview,andwillingtoact whileothershesitate,theHawke’sBaycommercialmarket continuestoofferstrongfundamentalsinaregionthat consistentlypunchesaboveitsweight.

Thatisacombinationworthpayingcloseattentionto. DannyBlairisacommercialpropertyspecialistwith ColliersHawke’sBay.Formoreinformation,contact Dannyon021826496ordanny.blair@colliers.com. TremainCommercialLtd,Collierslicensedunderthe REAA2008.

Areyoudrivenbyrelationships,negotiation, problem-solving,andachievingresults?

Commercialandindustrialrealestateisbuiltonpeoplewhocanthinkstrategically,communicate confidently,buildtrust,andidentifyopportunities.Ifyouthriveinfast-pacedenvironments,enjoy workingwithclients,andwantacareerwhereperformancedirectlydrivesreward,thiscouldbe yournextmove.

AtColliers,we’relookingformotivatedprofessionalsreadytostepintoahigh-performanceindustry withstrongsupport,respectedbranding,anduncappedearningpotential.Bringyourexperience, mindset,andambition—andturnitintoasuccessfulcareerincommercialrealestate. Makethemove.JoinCollierstoday.

Buildingresilienceinour transportinfrastructure

Robusttransportinfrastructureisvitalforprotecting thelocaleconomyfromextremeweather.

Inthe2024-2027NationalLandTransport Programme,$657millionwasallocatedtothestate highwaynetworkinHawke’sBay,includingmoney forinvestment,maintenanceandoperations,pothole preventionandpublictransport.

Hawke’sBayhasseenalotofroadingactivitysince CycloneGabrielle–withcrewsworkingthroughoutthe region.

Amongtheraftofactivity,oneofthelonger-termprojects recentlycompletedisSH2Devil’sElbowbetween NapierandWairoa.Thishilly,windingstretchofroadwas decimatedduringCycloneGabrielle,withslipsunderand overtheroad,floodingandalotofdebris.

Thereweremorethan11recoveryprojectsintheDevil’s

Elbowrecoverysitewhichhavenowallbeencompleted. A4kmsectionoftheroadhasbeenasphalted,providing asmootherdriveracrossalltheCycloneGabriellerepairs. FurthernorthonSH2,work’sprogressingtofinalise thedesigncontractfortheWaikareGorgerealignment project.TheprojectwillseefourkilometresofState Highway2,betweenWairoaandNapier,realigned.Itwill alsoincludeabridgeoverthetopofWaikareGorge. InHawke’sBay,progressissteamingaheadoftheState Highway2Hawke’sBayExpresswayRoadsofNational Significanceprogramme.Theprojectwillseethebusiest, mostcongestedstretchofexpresswayexpandedtofour lanes,insteadofthecurrenttwo.

PilingforthenewTutaekuriRiverBridgeisnowcomplete andoverthenextfewmonths,peoplewillseethe structurecomingoutoftheground.Superstructure componentshavearrivedonsiteandwillbe progressivelyinstalledfromKing’sBirthdayweekend. Concretepilesandcolumnshavebeenpouredatthe newMeeaneeandKennedyRoadOverpasses,andwork isnowunderwayonpierheadandabutmentconstruction. Theroadingworkstyingintothestructuresarealsowell advanced,withmorethan50%oftheleanmixconcrete subbasenowcomplete.Overthecomingmonths, expresswayuserswillstarttoseeasphaltgoingdown, alongwithtopsoil,streetlightingandplanting,whichwill giveastrongsenseoftheprojectreallycomingtogether. PrincipalprojectmanagerJacobLairdsaysHawke’s BayExpresswayistheregion’skeyconnection,carrying around29,000vehiclesaday.

Alongsidetheexpressway,thenewNapierCommercial VehicleSafetyCentre(CVSC)isnearingcompletion.

RegionalInvestment

AlongwiththeWaikareGorgerealignmentproject,the Expresswayispartofmorethanabilliondollars’worthof roadinfrastructurebeingdeliveredacrosstheHawke’s Bayregioninthecomingyears,creatingworkforlocal contractorsandsuppliers,andultimatelyprovidingsafer, moreefficient,moreresilienttravelforcommunities.

Athankyou

Noneoftheseprojectscanbecompletedwithoutthe supportofthedrivingpublicandcommunitiesalongside theseprojects.Constructioncancausedisruption,andwe appreciatethesupportandpatienceofpeopleaffected bythework.Atalltimesweworkhardtominimisethat disruptionandworkasquicklyaswecantocomplete theseprojects,whichultimatelyresultinsafer,more efficienttravelforeveryone.

CourtesyofWakaKotahi

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SpecsbyPrueisanexclusiveeyewearcollectionfromDamePrue Leith.PrueLeithhasbeenaglasseswearerforover50years.Itis herloveofcolourandespeciallycolourfuleyewear,thathas inspiredthisrangeofcolourfulframes.Fromvibrantgreentoblue andpurplestoalmostfluorescentpinks,frommultilayer laminatedacetatetoboldandcleancolours,thecollectionisa

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