August 2023

Disclaimer: This is just a ‘General Guide only’ and must not be deemed to be ‘Financial Advice’ in any form. Please Contact your Insurance Adviser for any appropriate financial advice accordingly. Homeowners Planning a Reno? Don’t Forget Contract Works Insurance! If you’re excitedly planning a renovation for your home, you must be aware of the importance of arranging Contract Works (CW) Insurance Cover. Unlike your regular Home Insurance, Contract Works Insurance is designed specifically to protect your project during construction. CW Insurance will cover you for many things that could go wrong during a renovation or build. One of the main reasons why you need CW Insurance is that your current Home Insurance policy is unlikely to provide adequate coverage for renovations. Insurers typically require separate Contract Works Insurance to ensure comprehensive protection during the construction phase. Be sure to discuss this with your builder to avoid any gaps in insurance coverage. CW insurance can cover you for extra fees when they may be required, such as theft or damage of supplied products for the project, repair work needed on the construction site, extra labour, and material costs if the project goes over schedule and more. Another benefit of obtaining CW coverage through your current Home Insurance company is the convenience of having all your insurance needs handled under one insurer. By bundling your policies, you create an insurance package that simplifies the claims process should any issues arise down the line. There can be crossovers between the policies, making it easier to manage and resolve potential claims. If your builder is arranging Contract Works Insurance for your renovation project, they will likely require some essential details about your existing Home Insurance policy. Be prepared to provide information such as your current home insurer (e.g., Ami, NZI, Vero), Policy Number, and the sum insured on your home for their CW cover application. In conclusion, don’t overlook the significance of Contract Works Insurance when embarking on a renovation project. It offers vital protection for your investment, providing peace of mind as you transform your home. Take the time to discuss your insurance options with your builder and insurance provider to ensure comprehensive coverage throughout the renovation process. Happy renovating! Do you know if you need Contract Works Insurance Cover? Give Wayne Cooney your go-to insurance broker a call for a free quote or review today! Contact Wayne Cooney Cooney.wayne@gmail.com 021 347 640 www.waynecooneyinsurancebroker.co.nz facebook.com/waynecooneyinsurancebroker Contact Phillip Quay Phillip@mediapa.co.nz 027 458 7724 www.nzbusinessconnect.co.nz facebook.com/nzbusinessconnect

Welcome to the Coromandel Peninsula on the East Coast of New Zealand, with its stunning landscapes, pristine beaches, and charming towns. Here are five must-visit destinations not far from 1093 Tairua Whenuakite Road. 1. Tairua – 18mins 15.3km A picturesque coastal town nestled between lush hills and the Pacific Ocean. Its main attraction is Mount Paku, an extinct volcanic cone that offers panoramic views of the coastline. Enjoy water-based activities like kayaking, fishing, and diving in the sheltered Tairua Harbour. The Hot Water Beach is just a short drive away. 2. Whitianga – 23mins 25km Whitianga is a delightful seaside town known for its laid-back atmosphere and friendly locals. Discover the fascinating history and culture of the area at the Mercury Bay Museum. Embark on a boat tour to explore the famous Cathedral Cove and the marine reserve of Te Whanganui-A-Hei. Take a dip in the therapeutic Lost Spring geothermal hot pools for a rejuvenating experience. 3. Whangamata – 50mins 50.2km Whangamata is a popular destination for surfers and beach lovers with its world-class waves and golden sands. Explore the Wentworth Valley and hike the scenic trails amidst native forests and waterfalls. Go fishing at the Whangamata Marina or take a relaxing cruise along the tranquil estuary. Every year, the town comes alive during the Beach Hop festival, celebrating classic cars and rock ‘n’ roll. 4. Coromandel – 1hr 11mins 67.6km The town of Coromandel offers a glimpse into the region’s gold mining history and artistic community. Stroll through charming craft shops and galleries showcasing local artisans’ work. Experience the Driving Creek Railway, a unique narrow-gauge train journey through beautiful landscapes. Visit the Coromandel School of Mines and Historical Museum for an immersive history lesson. 5. Waihi – 1hr 23mins 80.5km Waihi is a town with a deep mining heritage, home to the Martha Gold Mine, which offers underground tours. Hike the stunning Karangahake Gorge with its historic rail trail and picturesque views. Discover Owharoa Falls, a hidden gem accessible through an easy bush walk. The Coromandel Peninsula promises a delightful blend of natural beauty, cultural experiences, and leisure activities. You can live in this wonderful area of New Zealand. Check out 1093 Tairua Whitianga Road which is for sale and has a tonne of potential. Follow the links below. www.facebook.com/1093TairuaWhitiangaRoad https://www.instagram.com/1093tairuawhitiangaroad/ https://www.linkedin.com/company/1093tairuawhitiangaroad/ Contact Phillip Quay phillip@mediapa.co.nz 027 458 7724 www.nzbusinessconnect.co.nz

Rain, rain, and more rain.In several areas of New Zealand, the yearly rainfall limit has already been exceeded in under six months. Take, for example, the numerous landslides that have occurred, especially in areas prone to erosion, like the hill country in Gisborne, due to the saturation of soils. Ironically, water is the most limiting factor for pasture or crop growth. So are your soil nutrients and farm profits being washed away? Yes, very possibly! Phosphorous loss comes at a considerable cost to farmers and the environment. If the soil has sufficient moisture for leaching, water may carry nutrients away during drainage and disappear below the root zone.Nutrients loosely bound to clay particles or organic matter in the soil are more likely to be washed away through leaching or runoff.The appropriate nitrogen level for a crop is affected by several factors, including its utilisation efficiency. Various elements, such as weather conditions during application, the crop’s wellness and root system, the type of product utilised, and the availability of other nutrients, all have an impact. How can you mitigate the amount of rainfall and its effects? Despite the excessive leaching due to heavy rainfall this year, the forecast indicates that the upcoming season will be comparatively drier. – Welcome news within the agricultural sector. As the upcoming elections approach, there is a hopeful anticipation that the farming industry will receive much-needed relief from the severe impacts of climate change and policy reforms. Farmers need to grow, thrive, and succeed in the industry they are experts in – farming. Dr Gordon Rajendram is a New Zealand Independent Soil Scientist specialising in Soil Fertility,Agronomy & Farm Environmental Consultancy. Gordon Rajendram9 Kakanui Avenue, Hillcrest, Hamilton 3216P: 021 466 077E: rajendram@xtra.co.nzWeb site: https://gordonrajendramsoilscientist.co.nz/‘ Bringing science to the farm.’ Phillip Quayinfo@nzbusinessconnect.co.nzP: 0274 587 724www.nzbusinessconnect.co.nzfacebook.com/businessconnectnz