As New Zealand slowly emerges from the omicron wave, businesses are facing a perfect storm of tough economic conditions, including rising inflation, rising interest rates, high oil prices, and global uncertainty. Businesses can survive and thrive in these conditions if directors, owners, and management understand how to navigate the risks and challenges posed by the current environment.
Tompkins Wake’s new podcast series will guide directors, owners, and management on resilient business management.
New Heights: Addressing New Zealand's Urban Challenges
In this episode of In Your Neighbourhood Series, discover how two recent Government policies will drastically change the look and feel of New Zealand cities and their surroundings. We talk to Bridget Parham, Partner, and Wendy Embling, Senior Associate, both experienced RMA and Environment lawyers.
We delve into the Medium Density Residential Standards, which will result in much more densely populated cities with taller builds and smaller sections, and the National Policy Statement on Urban Development, which will stop urban creep. Learn how these changes might help solve New Zealand’s housing crisis, the controversy around these policies, and when we're likely to see building start under the new rules.
Listen to our recent episode to see how these policies will impact your neighbourhood.
27 Mar 2023
Fixing the Broken Building Consent System: A Path to Sustainable Housing
In our third episode of Off the Clock, Commercial Property Partner Scott Ratuki (https://www.tompkinswake.com/people/scott-ratuki/) does a deep dive into the current housing crisis in New Zealand, and the challenges surrounding the building consent system. Hear about the factors contributing to the broken consent process, the impact of supply shortages, and how these issues have intensified the crisis. As they discuss the government's review and its limitations, Scott emphasises the need for a flexible and innovative approach driven by industry professionals.
Tune in to explore potential solutions that could reshape New Zealand's housing landscape and pave the way for a sustainable future.
13 Mar 2023
The future of neighbourhoods in New Zealand
The Future of Neighbourhoods in New Zealand: Insights into the Replacement of the RMA
In this episode, environment and RMA partner Theresa Le Bas (https://www.tompkinswake.com/people/theresa-le-bas/) shares her insights into the New Zealand government's decision to replace the Resource Management Act (RMA) with three new Acts. One of these is the Natural and Built Environment Bill, which includes several changes that will affect both councils and residents. One of the changes removes protection for private views, meaning that neighbors can construct a development without considering its impact on a resident's view. Additionally, councils will no longer be able to consider adverse effects from social or emergency housing.
While the government is attempting to prevent NIMBYism (Not In My Backyard) with these changes, experts believe it risks preventing the assessment of basic needs, such as adequate play space for children, management of crowding, and provision for personal safety and well-being. To learn more, listen to our latest episode below.
28 Feb 2023
Extreme Weather: Building resilience in a Changing Climate
Our first episode of series 3: In your Neighbourhood, explores the topic of managed retreat as a way to protect vulnerable communities from climate change risks. As New Zealand recovers from the devastation caused by Cyclone Gabrielle, climate change and its potential impact on communities are increasingly pressing issues.
The Government has released its first National Adaptation Plan, which covers how New Zealand will adapt to its most significant climate change risks. However, the NAP has faced criticism for its lack of practical action, particularly around managed retreat. Managed retreat, which involves abandoning at-risk residential areas, is one of the options for mitigating climate change risks in a number of communities throughout NZ, however the Government’s failure to properly address managed retreats costs and strategies in the NAP will make it harder for councils to future-proof their vulnerable communities.
Tompkins Wake Senior Associate Jill Gregory sits down with Special Counsel Catherine Bryant to discuss the impact that climate change may have in your neighbourhood.
30 Nov 2022
Fair Pay Agreements: How employers can prepare for the process
The Fair Pay Agreements Act, the biggest employment law change in decades, takes effect on 1 December, 2022. Fair Pay Agreements (FPAs) have the potential to fundamentally change New Zealand’s employment landscape by setting minimum terms and conditions for all employees in a particular industry or occupation. Part two covers the bargaining process for employers.
Tompkins Wake Partner Daniel Erickson talks through the upcoming changes of the new Act in our second episode on the Fair Pay Agreements Act.
28 Nov 2022
Fair Pay Agreements: All about the Agreements
The Fair Pay Agreements Act, the biggest employment law change in decades, takes effect on 1 December 2022. Fair Pay Agreements (FPAs) have the potential to fundamentally change New Zealand’s employment landscape by setting minimum terms and conditions for all employees in a particular industry or occupation. Host Catherine Bryant speaks with Tompkins Wake Employment Partner Daniel Erickson on the particulars of the Fair Pay Agreements, including who will be covered, what will be included and who has the power to start the FPA process in our special two-part episode.
20 Nov 2022
Planning your way to resilience
When the threat of another recession is looming and cyber-attacks are becoming increasingly more sophisticated, how do you strategically plan to ensure your business is resilient?
No one can predict exactly if or when a downturn will occur and how long it will last but understanding those risks and preparing for them in advance is key.
Tompkins Wake Special Counsel Mark Lowndes and Rob McDonald, Former CFO of Air New Zealand, now Chair of Contact Energy and Board member of Fletcher Building, share their unique insights in our sixth podcast episode.
6 Nov 2022
Being a good boss when business is tough
When your business is suffering, how do you make sure you're being a good boss? Transparency and communication are key. As is the way in which the message is delivered. Hear how Flight Centre navigated the challenges of COVID-19 and the decisions that enabled the company to come through the pandemic and return 85% of their employees.
Tompkins Wake Partner Daniel Erickson and Flight Centre General Manager of Leisure Brands Heidi Walker share their first-hand experiences in our fifth podcast episode.
24 Oct 2022
Calling in the cavalry
How do you tell when your business needs expert help? And what does that help look like? Catherine, Tom and Conor talk about the importance of identifying the signs that your business could be in trouble, who your first point of contact should be and why time is the most crucial factor in turning around a distressed business.
Tompkins Wake Partner Tom Arieli and McGrathNicol Partner Conor McElhinney share their unique insights in our fourth podcast episode.
9 Oct 2022
Nailing your governance for survival
Having the right balance for your board is a critical component for a successful business. But what does the right balance look like, and how do you identify the skill set the board needs to deliver on their strategy?
Board Dynamics Managing Director & Founder Henri Eliot and Waikato Tainui Senior Legal Advisor Cheri-Lee Atkinson share their unique insights in our third podcast episode.
25 Sept 2022
Stepping up as a director when the going gets tough
No matter what size the company, all directors have a legal responsibility to ensure the company can pay its debts. When the economy is buoyant, this might be easy, but when costs are spiraling, interest rates are going up, and there's international uncertainty, directors might have to pay close attention to company finances to ensure that they don't put themselves at risk.
Featuring Tompkins Wake partner Wayne Hofer and McGrathNicol partner Andrew Grenfell.
11 Sept 2022
Tackling a downturn in business
The past two years have presented numerous challenges for business and there are many lessons learned by those who've successfully navigated them. As we now face rising inflation, global uncertainty and adapt to post pandemic life, we provide you insights Off the Clock. Join Bryce, Hutch and Jono as they discuss with our host Catherine Bryant practical and effective steps to reduce the impact of a challenging trading environment and financial headwind on your business using their extensive knowledge and experience in this area.
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