Tag Archives: Commissions

Dunedin real estate, seriously?

Names. Companies. How long is a piece of string.

### ODT Online Fri, 6 Feb 2015
Business
Fined $17,000; appeal lodged
By Simon Hartley
Three members of Dunedin’s Sievwright real estate family and employer Edinburgh Realty have been censured and collectively fined more than $17,000 for “unsatisfactory conduct” by the Real Estate Agents Authority (REAA). The decision, published last week, is under appeal by the Sievwrights and Edinburgh. Barclay Sievwright and sons Lane and Clayton were censured for “unsatisfactory conduct” and fined $3750. Edinburgh Realty was similarly censured and fined $6000. Another real estate agent, Matthew Shepherd, was censured.
Read more

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### ODT Online Fri, 6 Feb 2015
Business
Real estate agent fined, censured over commission; decision appealed
By Simon Hartley
Dunedin real estate agent Tim Barnett has been censured and fined by the Real Estate Agents Authority (REAA) – a decision which is under appeal – over commission on a more than $700,000 commercial building. The decision, released last week, found “unsatisfactory conduct” against Mr Barnett. He was fined $2000 and required to undergo further training. Mr Barnett, of Tim Barnett Realty, declined to comment when contacted because the decision was under appeal.
Read more

Related Posts and Comments:
5.2.15 Dunedin median house prices down
19.1.15 Housing affordability in this country is “just hopeless” –Hugh Pavletich

Posted by Elizabeth Kerr

3 Comments

Filed under Business, Media, Name, New Zealand, People, Property

DVML and ORFU refuse to disclose 2012 Otago Rugby deal

Terry Davies [re-imaged screenshot - youtube.com] 1
Dunedin Venues chief executive Terry Davies was asked to release details of the “Otago Rugby deal” struck in 2012 as part of the Otago Rugby Football Union recovery package.

Surprise! Mr Davies and ORFU don’t want you to know how much DVML pays ORFU for each rugby game played at Forsyth Barr Stadium, and given DVML is struggling to meet the sponsorship commitment (see previous post). Worse, DVML keeps paying even though ORFU is now flush with funds.

Just how are these payments passing through Council-owned books? The money comes from your rates; piling on top of every other subsidy DCC is gifting to the stadium and professional rugby.

The 2012 deal involved David Davies, the previous DVML chief executive. Who else was involved at ORFU, NZRU and DCC? Was the Mayor of Dunedin Dave Cull a signatory? More to come.

Correspondence received from Bev Butler
Fri, 12 Sep 2014 at 2:38 p.m.

Message: They really don’t want any part of this agreement out.

From: Terry Davies [DVML]
To: Bev Butler
Subject: LGOIMA request: DVML/ORFU venue hire agreement
Date: Wed, 10 Sep 2014 22:28:54 +0000

Dear Bev

Please find attached a response to your email request dated 27 August 2014 as per below. A copy has been posted to you today.

Yours faithfully
Terry Davies [DVML]

From: Bev Butler
Date: 27 August 2014 10:08:59 am NZST
To: Terry Davies [DVML]
Subject: RE: LGOIMA request: DVML/ORFU venue hire agreement

Thanks, Terry.
I would still appreciate a redacted copy of the agreement.
Thank you.
Regards
Bev

From: Terry Davies [DVML]
To: Bev Butler
Subject: FW: LGOIMA request: DVML/ORFU venue hire agreement
Date: Tue, 26 Aug 2014 04:19:21 +0000
Dear Bev

Thank you for your email below. Please find attached the response which has also been posted to you.

Yours faithfully

[Terry Davies, DVML]

From: Bev Butler
Sent: Monday, 28 July 2014 9:01 a.m.
To: Terry Davies [DVML]
Cc: Sandy Graham [DCC]
Subject: LGOIMA request: DVML/ORFU venue hire agreement

Dear Terry

In 2012 DVML signed a venue hire agreement with the ORFU. I request the following:

1. The date of this agreement;
2. The names of the signatories on the agreement;
3. A copy of this agreement.

Thank you.

Yours sincerely
Bev Butler

Letter from DVML to Bev Butler 11.09.14

█ Download: Letter to Bev Butler 11.09.14 (PDF, 49.4 KB)

Related Posts and Comments:
8.9.14 Jim Harland and the stadium MESS
● 1.8.14 DVML and the “Otago Rugby” deal (sponsorship and payments)
15.7.14 Stadium: Who is being protected?
24.6.14 Stadium: DVML, mothballing, and ‘those TVs’ #LGOIMA
18.6.14 Crowe Horwath Report (May 2014) – Review of DVML Expenses
9.6.14 DVML: Crowe Horwath audit report (Hedderwick)
2.6.14 Stadium costs ballpark at $21.337 million pa, Butler & Oaten
23.5.14 Stadium | DCC Draft Annual Plan 2014/15 ● Benson-Pope…
11.5.14 Stadium: DCC proposes extra funds for stadium debt repayment
9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
10.4.14 Stadium: Edgar’s $1m donation (private sector fundraising)
3.4.14 DVML: Lost in transaction II (flatscreen TVs)
22.3.14 DVML, ‘Money for jam…..fig jam’
19.3.14 ORFU: Black-tie dinner, theft or fraud?
17.3.14 ORFU: Black-tie dinner on ratepayers
15.3.14 Mayoral DISGRACE: DCC won’t ask ORFU to repay $480K bailout
14.3.14 ORFU flush to pay creditors
4.3.14 Bev Butler: Guy Hedderwick’s departure package (LGOIMA)
7.9.13 Stadium: $266 million, more or less?
30.7.13 Stadium: Accountability, paper trail leads unavoidably to NEWS
4.7.13 Carisbrook: DCC losses
15.2.13 Carisbrook: Call for OAG investigation into DCC / ORFU deals

Posted by Elizabeth Kerr

*Image: whatifdunedin – re-imaged screenshot from YouTube clip, Terry Davies press conference regarding streaker (ODT 15.6.14)

3 Comments

Filed under Business, DCC, Democracy, DVML, Economics, Highlanders, Name, New Zealand, NZRU, ORFU, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums

DVML and the “Otago Rugby” deal (sponsorship and payments)

Is Terry Davies, chief executive of Dunedin Venues Management Ltd, telling porkies about the “Otago Rugby” deal signed in 2012 ???
(DVML/ORFU/NZRU)

Compare Mr Davies’ reply to Bev Butler today with information Whatifdunedin received from a source in mid-July 2014.

The reply to Question 1.(d) is interesting. Mr Davies states that none of the $3 million sponsorship was paid to ORFU but DVML does provide a staff member to assist ORFU with its sponsorship proposals. This is probably Paul Thompson. The other information from a source claims that DVML has to make up the difference to $1 million per year; this is paid to ORFU if less than $1 million in sponsorship is obtained. So the other staff member only spends one hour per week for six months each year?

Question 3. He says there’s no DVML company record of staff movements and NZ/overseas travel in approaching sponsors. Really? If true, that’s a large management failing which the DVML board is ultimately responsible for.

Why the discrepancies, Terry Davies ????

INFORMATION FROM SOURCE

Received mid-July [paraphrased]
Re the “Otago Rugby” contract – DVML did the Sponsorship but had to guarantee a certain amount. There was a heated exchange over this between Darren Burden (DVML chief executive) and one of his managers who said ‘we work for the ratepayers not rugby’. Burden was going to pay Otago the difference between what was raised and what DVML had to raise in the contract, despite Otago making a profit. The manager said DVML shouldn’t pay Otago, because they were deciding what was sponsorship and what was not.

[One day later]
The Otago Rugby deal is something like this:
DVML assist Otago Rugby with their sponsorship and the target is $1 million per year. DVML’s Paul Thompson was supposed to assist Otago Rugby. In the first two years, sponsorship didn’t reach the $1 million mark.
DVML still pays Otago Rugby to play at the stadium. Ask how much DVML have paid to Otago Rugby in the last two years to keep them afloat despite them making a profit.

[Two days later]
Not sure how it’s recorded in the DVML accounts, it was around $150k in the first year and similar in the second year. This is the difference between the $1 million DVML had to ensure ORFU got for sponsorship and what ORFU got. The deal lasts for three years. So this would be the last.

From: Bev Butler
To: Neville Frost [DVML]
CC: Kim Barnes [DVML]
Subject: LGOIMA Request: DVML Sponsorships
Date: Tue, 1 Apr 2014 08:57:35 +1300

Tuesday 1st April 2014

Dear Neville

It was reported in the ODT (22/03/14) that Mr Guy Hedderwick played an “integral” part in securing over $3 million in sponsorship for the stadium during the period ie Jan 2010 to Dec 2013.

I request:

1.
(a) How much of this $3 million figure has already been paid to DVML?
(b) Does DVML receive the full $3 million or does some other organisation receive some of this $3 million?
(c) How much of this $3 million is earmarked for the ORFU with payments already received or payments yet to be received?
(d) What percentage of the sponsorships secured by Mr Guy Hedderwick and/or other DVML staff does the ORFU receive?
(e) Is the ORFU making any financial contribution to Mr Hedderwick’s salary or expenses? If so, what percentage?

2.
(a) Did Mr Hedderwick’s salary package include commission on any sponsorship agreements he secured in his role as commercial director of DVML?
(b) What percentage commission did Mr Hedderwick receive for the $3 million sponsorship agreements secured as reported in the ODT (22/03/14)?
(c) Did the commission payments received by Mr Hedderwick exceed the salary range as stated in the DVML annual reports? If so, on what date was the DVML board informed of this?

3.
Thank you for your recent email containing the list of Mr Hedderwick’s DVML business trips. In this list the main reason for the majority of these trips was “meet with potential sponsors”. I request the names of the sponsors which Mr Hedderwick was successful at securing coupled with the name of the city where he met these potential sponsors. For your convenience, I have supplied a summary of these cities and the number of times he visited each city. Note I have included only the cities where it is stated the reason for the trip being “meet with potential sponsors”.

City (Number of trips)………Names of Sponsors
Christchurch (11 times)
Singapore (once)
Sydney (once)
Auckland (20 times)
Wellington (4 times)
New Plymouth (once)
Rotorua (once)

Please respond electronically. Thank you.

Yours sincerely

Bev Butler

————————————

From: Bev Butler
To: Terry Davies [DVML]
Subject: LGOIMA Request: DVML Sponsorships
Date: Tue, 17 Jun 2014 07:06:59 +1200

Dear Mr Davies

I understand the LGOIMA request I sent below was delayed due to the investigation by Crowe Horwath. Now that the Crowe Horwath report has been released and the report does not answer these questions would you please respond to my LGOIMA request.

Thank you.

Yours sincerely

Bev Butler

————————————

From: Bev Butler
Sent: Monday, 28 July 2014 2:51 p.m.
To: Terry Davies
Subject: FW: LGOIMA Request: DVML Sponsorships
Importance: High

Monday 28th July 2014

Dear Terry

The LGOIMA request below is still outstanding and has now breached the 20 day requirement under the provisions of LGOIMA.

I would appreciate a response to this request.

Thank you.

Yours sincerely

Bev Butler

————————————

From: Terry Davies [DVML]
To: Bev Butler
Subject: FW: LGOIMA Request: DVML Sponsorships
Date: Fri, 1 Aug 2014 02:56:12 +0000

Dear Bev

Further to your email dated 28 July and original request of 1 April, please find attached the response. A copy of the letter has been posted to you today.

Yours faithfully
Terry Davies

CEO [DVML]

B Butler 310714 (PDF, 82.8 KB)
Terry Davies letter 1.8.14 (2)

Crowe Horwath report cover (May 2014)

Crowe Horwath Report – Review of DVML Expenses (PDF, 363 KB)

Posted by Elizabeth Kerr

3 Comments

Filed under Business, Democracy, DVML, Economics, Highlanders, Name, New Zealand, NZRU, ORFU, People, Politics, Project management, Sport, Stadiums