Graham Lloyd Bayley 1940 to 2021
GRAHAM LLOYD BAYLEY
23 March 1940 - 31 October 2021
It is with much regret and sadness that the Property Institute of New Zealand and the Plant & Machinery Valuer’s Institute advise of the passing of our mutual and much respected colleague Graham Bayley.
Graham died unexpectedly but peacefully early on Sunday morning 31 October.
Graham was a founding member of PINZ, a Senior Member of the Institute and was awarded the status of ‘Fellow’ in 2013. He, alongside his wife Prue, was still actively working at the time of his death albeit for a few select clients having sold his practice some years earlier.
Graham was born in Ashhurst in 1940 and unfortunately lost his father during World War II in Italy having really never known him. He then sadly lost his mother at age 8 and was brought up lovingly by his grandparents.
Graham began his working career as an apprentice diesel mechanic with “International Harvester” in 1956.
In 1960 Graham was informed by his boss that they were sending him down to Christchurch to assemble 15 motor scrapers that had just been landed at Lyttleton wharf and was then to follow them over to the Benmore Dam construction site where he would be one of the team involved with their ongoing servicing.
Graham continued to work for “IH” in both sales and servicing in both New Zealand and Australia until 1974 – specialising in heavy earth moving equipment, transferring back to NZ in 1972 to concentrate on the Forestry Industry in the Rotorua Central Plateau region.
He was then employed by the ‘New Zealand Forest Service’ to value all forestry equipment throughout New Zealand and establish reserve values prior to the sale of the asset.
In 1987 Graham was employed by ‘Works and Development Services Corporation (formally the ‘Ministry of Works’) to value all of the plant & machinery assets owned by the ‘MoW’ during the introduction of SOE’s. This valuation was of 9,000 items which is still one of the largest valuations undertaken in New Zealand.
He subsequently became their National Plant Manager involved in the purchase and disposal of all of their plant along with establishing service periods for that plant.
Graham then went on to work as an independent Plant & Machinery Valuer joining the ‘Institute of Plant & Machinery Valuers’ in the mid 1990’s consequently becoming a founding Member of ‘PINZ’ and was a member of the Plant & Machinery Special Interest Group set up upon the inauguration of ‘PINZ’ under Connor English.
The Special Interest Group morphed into the ‘IPM Council’ and then the ‘PMVI Committee’ all of which Graham has been very actively and fervently involved in.
Apart from his own extensive involvement in large valuations in both New Zealand and Australia, Graham was always willing to help and/or advise any of his colleagues - both younger and older, has undertaken lectures on the valuation of plant for all of the major finance houses and banks, has addressed various local branch seminars and made presentations at several Plant & Machinery conferences.
Graham was also a professional member of the ‘Association of Local Government Engineers’.
Graham is survived by his very loving wife Prue, his 4 children Shane, Suzanne, Grant & Charlene, their partners and his very much loved 9 grandchildren & 3 great-grandchildren.