Back to Blog

Proper financial planning includes having a valid Will

As humans, we naturally look to the future because, as someone once said, “that’s where we’re going to spend the rest of our lives”. The only problem is, none of us knows for sure what will happen in our future or even how long it will be.This is one of the key reasons why it’s so important to have as sound a financial plan as possible to help you deal with whatever your future may hold. It’s the reason why you might, for example, have a regular savings plan, or why you’re making r...

Construction company failures highlight the need for change

For quite some time, the construction industry in New Zealand has suffered high rates of business failure and insolvency, with businesses of all sizes operating across all sectors of the industry being affected.Some high-profile construction business failures this year, with the most recent being that of Ebert Construction going into receivership, leaving employees, subcontractors and people who bought apartments off-the-plan in their developments high and dry, have drawn further attention to th...

Auckland Transport Proposes 30km/h Speed Limit in Auckland CBD

The Auckland CBD has never been a place you want to spend your time driving. The amount of traffic lights on Queen Street alone is very off putting as it can take 10-20 minutes to simply drive the length of the street. That being said, there are a lot of people who need to get in and out of the city centre each day and whether that is by car, foot or public transport, it is important that everyone makes it to where they need to go safely. That is why Auckland Transport (AT) is proposing a 30km/h...

Shortage of engineers puts NZ construction industry at risk

The ever-increasing demand for housing, an economy that continues to perform relatively well, and the many promises of infrastructure spending emanating from the last election are all conspiring together to expose a labour shortage of epic proportions in the New Zealand construction industry.What’s so alarming is that it is estimated that over the next few years, the industry will have to contend with a shortfall of 50,000 construction workers. To make this situation even worse is the fact tha...

Why businesses should consider cyber risk insurance

The reliance that businesses have on technology is growing, and with it has the prominent field of cyber risk insurance. As the specialist business insurance broker of many New Zealand enterprises, Bonded Insurance has established relations with providers of cyber risk coverage.As our digital footprint grows, the risk of a commercial cyber-attack has gone from a question of if, to when. New Zealand businesses must continue to evolve with the global digital world, developing cybersecurity measure...

Are you on top of managing the risks facing your business?

What would happen in or to your business if a key member of staff should suddenly no longer be around? Would your business be able to carry on as normal or would you suddenly have a crisis on your hands?Small to medium-size enterprises in particular can be especially vulnerable to the loss of a key member of staff, and some may even be forced to shut down as a result. However, even large organisations can be left vulnerable if they should suddenly experience the loss of an employee who plays a v...

Bond Broker Eases Surety Burden

Auckland surety broker Bonded NZ has placed or is negotiating around $200 million in performance bonds since the company began business less than two years ago.Founder-director John Earwaker said major Australian contractors were among his biggest clients, seeking bonds for large infrastructure projects throughout Asia, the Middle East and within Australia.“We haven’t scratched the surface yet and we are now convincing New Zealand contractors that they don’t have to go to a bank and provid...