The advent of the Electric car which seems "just around the corner' as a real vehicle and affordable option, has raised questions as to the ultimate impact of petrol consumption and the benefits of "electric" over the current petrol or diesel options. It also must impact on the potential consumption of electricity and refill stations etc as an acceptable form of filling vehicles. If one was in the Vehicle business, there must already be options in place for quitting existing stock and concentrating on the new electric version. Or are we advancing our thinking too far?
Certainly changes in the motor vehicle business are likely and those changes will soon impact across many industries. Electricity company's must have this form of provision well and truly planned for, with sales growth likely to increase significantly in years to come and will impact on the share price of the provider, probably positively.
However, an overnight impact is unlikely and I suspect that it will be 10 years before the impact of the Electric car is really likely. Given that we are a nation of vehicle owners, the disposal of existing vehicle's as a result will probably be a real problem.
I was however, drawn to compare the arrival of the Electric car with the decline in the use of cash as a form of transaction. It seems that less people are using cash and more are inclined because of convenience to use a credit card or even their I Phone app to transact, particularly where food and beverage service is available. In fact it is difficult in today’s environment to even contemplate where we actually need to use cash as a form of transaction. It really seems apparent that sooner than later we may well be a cashless society.
"So what happens when the power goes off? How do we transact?"
Recently we were involved in giving a presentation to a client conference in Christchurch. The conference was on a Monday and we were completing our presentation on the previous Friday when all the power in the street went out for the whole day plus. The impact was very significant. We simply couldn't work, and all our staff was sent home. No office power, no heating, no Garage door access, no security provision, no computers. The impact on our daily business due to the lack of electricity is severe.
"The future therefore poses a number of problems both for a cashless society and Electric cars. Business from financial institutions to retailers, to public transport relies heavily on electricity to operate."
Reliance on just one form of provision to allow business to operate is a risk that most of us will not want to contemplate. However, the risk is real in a future where everything relies on one form of supply to operate!!! Keeping the petrol car and a form of alternative means of operating may not seem such a bad idea after all!!!
RCG - Crafting New Spaces
Over the past year, RCG have been busy crafting a new Head Office for Maori Television. We have worked closely with staff as well as local artists and contractors; the collaborative process has been both rewarding and very successful. The space is officially opened next week; however we can show you a sneak peek of the initial vision. The below flythrough was completed for Maori Television nearly a year ago, which they released at the time. We look forward to showing you pictures of the complete space soon!
In the Press
The Reserve Bank has questioned New Zealand's banks over the use of smart ATMs and the level of cash deposits they allow in the wake of the money-laundering scandal surrounding Australia's Commonwealth Bank.
For the uninitiated, buying an apartment can be a bit like navigating through a minefield, with issues such as leaky buildings, seismic strengthening and leasehold titles all posing potential pitfalls for the novice investor or owner-occupier.
The authors of the 100-day blueprint for the central Christchurch rebuild say it is still a good plan. “The consensus by the consortium is that we ended up with a pretty good framework," said Peter Marshall, managing director of Christchurch architecture firm Warren and Mahoney and a key player on the blueprint team.
Retiree Les Everson leads a busy life. Stuff first caught him on his way out the door - off for a trip around Wellington's Island Bay. That's the retiree's life these days, full of activities as a resident of the Bob Scott Retirement Village in Petone, Lower Hutt.