Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • What the Actual
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Bay an attractive home for retirees

By Patrick O'Sullivan
Business editor·Hawkes Bay Today·
3 Mar, 2015 02:00 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Retirement villages in Hawke's Bay are looking to expand. Photo / File

Retirement villages in Hawke's Bay are looking to expand. Photo / File

Hawke's Bay is a popular retirement destination, reflected in a higher proportion of retirement villages than the national average, says Retirement Villages Association executive director John Collyns.

He was in Hawke's Bay on Friday to speak to Age Concern in Taradale and push the cause of retirement villages.

Hawke's Bay, like Tauranga and Nelson, is a popular regional retirement centre, which was good for local retirement village operators, he said.

Often people moved to the region at age 65 and lived in the community for about 10 years before they decided to release equity by selling their home and "take it easy" in a retirement village.

Quite often there was loneliness after a spouse died and people sought companionship.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

He told Hawke's Bay Today the New Zealand's Retirement Villages Act was world leading legislation. The Act gave registered village members "absolute right of tenure" and controlled village operators.

"We have a constant stream of overseas visitors and groups coming to see what we do and transplant it back to Malaysia or China or South Africa or the States - occasionally even Australia," he said.

"Hawke's Bay has a lot of retirement villages. The local industry's market share in the 12 months from 2013 to 2014 went from 10.5 per cent of the over-75 population nationally to 12 per cent of the over-75 population nationally.

Advertisement
Advertise with NZME.

"If you go back to 2012 it was about 9.5 per cent so in two years it is risen by the thick end of 3 per cent.

"In Hawke's Bay you have 13 per cent of the over-75 population living in retirement villages so you are above the national average [of 12 per cent], which is hardly surprising because it is sunny and nice."

He said the growth of villages would continue in the region but the next generation would retire later than its parents.

"We talk to people about the tsunami of baby boomers but of course the oldest baby boomer is only 67," the 63-year-old said.

Discover more

Council faces $500,000 MTG shortfall

08 Feb 08:36 AM

"So it will be about 10 years before we turn up in any number - the average age of village entry is the mid-to-late 70s, so we have 10 years before the baby boomers arrive in any number."

Investment was needed to provide capacity. "Virtually every village is looking at its land and wondering how it can expand."

The voluntary association is funded by membership subscriptions and has about 95 per cent of the industry is members. About two thirds of members are corporates, like Summerset Group, which last week announced a record $24.4 million in underlying profit for its full-year result, from $1 billion in assets.

Summerset has villages in Havelock North, Napier and Hastings.

The association is lobbying to have central government's means-tested rates rebate programme extended to retirement village members, who currently paid rates through village administrative fees.

Talking and listening to groups such as Age Concern was a prime role of the association, he said.

Advertisement
Advertise with NZME.

He said a typical question at his talks was on elder abuse.

"Age Concern do a lot of work around that and as a result we engage their elder abuse consultants to come and talk to our managers at our regional forums about how to recognise it in residents.

"Usually in a village it is not physical abuse. It is around financial and mental abuse, often from the families, along the lines 'If you really love me you would give me $30,000. I needed more than you do, that's my inheritance'."

Save

    Share this article

Latest from Property

Premium
Hawkes Bay Today

Two more Hawke’s Bay farms sold to overseas buyers for forestry

04 May 06:00 PM
Business

House prices down in most regions in year to March

14 Apr 10:09 PM
Premium
Business

$135m distributed last year by iwi to members

27 Mar 11:00 PM

The Hire A Hubby hero turning handyman stereotypes on their head

sponsored
Advertisement
Advertise with NZME.

Latest from Property

Premium
Two more Hawke’s Bay farms sold to overseas buyers for forestry

Two more Hawke’s Bay farms sold to overseas buyers for forestry

04 May 06:00 PM

Three CHB farms have sold in quick succession to overseas buyers for forestry conversion.

House prices down in most regions in year to March

House prices down in most regions in year to March

14 Apr 10:09 PM
Premium
$135m distributed last year by iwi to members

$135m distributed last year by iwi to members

27 Mar 11:00 PM
Daughter ‘slightly horrified’ after mum buys ex-brothel

Daughter ‘slightly horrified’ after mum buys ex-brothel

27 Mar 05:45 AM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • What the Actual
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven CarGuide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP