Road show aims to grow confidence

Westpac bank's Grow road show was in Napier's War Memorial Centre last Thursday, trying to kick-start businesses from insular caution to regional confidence.

The latest phase of the forums focuses on developing regional leadership, infrastructure and tertiary-based financial education for small businesses.

Westpac New Zealand chief executive George Frazis said communities that prospered and were positive had attracted good infrastructure, strategies to retain their youth and attract people and small businesses that were resilient. Most importantly, they had strong local government and community leaders with clear priorities and a common vision.

"Sound local leadership promotes confidence, infrastructure is a key enabler and small-medium sized businesses told us to translate potential to growth they want more financial knowledge to help grow their business," Mr Frazis said.

"We are looking to work at a local level to promote thought leadership, grow confidence in the economy and stimulate growth."

Mr Frazis said business confidence was improving. "Our goal is to provide practical support and tools to help build that confidence and then turn it into growth."

Claire Vogtherr of the Holly Bacon Company said the forum was a valuable exercise. Attendees asked three questions: What can be done for Hawke's Bay businesses, the region as a whole and at a national level to stimulate regional activity.

Andy Claudatos, director of the Star group of food companies in Napier, said Westpac was getting down to grass roots and making it clear they were keen to do business. "They challenged Hawke's Bay businesses to see them about any business project they may have planned," he said.

"A bit more comfort was thrown our way - what they are doing in our current environment is welcomed by a lot of people."