The SME Stream

The Reserve Bank will be keeping a close eye on this morning's employment data as it mulls over next week's Official Cash Rate decision.  Most economists expect the unemployment rate will rise.  But they're now divided on whether the central bank will cut the OCR next week, next month, or in November.  ASB senior economist Mark Smith told Ryan Bridge this morning's data should give them a steer on...

Three major New Zealand banks have slashed their rates ahead of next week's OCR review. Both Kiwibank and BNZ have urged the Reserve Bank to cut the cash rate down - months ahead of predicted forecasts. Infometrics Principal Economist Brad Olsen explains why there's a case for the Reserve Bank to move quicker. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financ...

U.S. stock markets had a bit of a panic attack overnight, I think that's the best way to describe it.  Investors have been selling off, especially in tech stocks.  The U.S. job data that came out on Friday seems to have freaked the horses. Losses are being clawed back slightly this morning, but everyone is on edge.  Why? Well, it's the largest economy in the world. It affects us all, and it feels...

Nicola Willis appears intent on making Kiwibank a bigger player in the banking sector The Finance Minister told the National Party's annual conference yesterday she wants to look into privatising the New Zealand-owned bank. It comes only a couple of years after the previous Government secured complete state ownership for 2.1 billion dollars. Willis told Heather du Plessis-Allan she's not proposing...

Markets are aggressively pricing in interest rate cuts - how low could they go? The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.  See omnystudio.com/listener for privacy...

Does it seem like people are a bit sicker than usual this winter? It’s been the talk of offices around the country, as people seem to be falling sick and staying sick for longer than usual. And it’s not just Covid that is continuing to claim lives, with the Herald reporting on two cases in the last month of people dying suddenly after developing flu symptoms. So how bad are the bugs and diseases g...

Amanda Morrall joins Tim Beveridge on The Weekend Collective to discuss where your tax cut can go to take full advantage of it.  LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the cont...

Nichole Lewis joins Tim Beveridge on The Weekend Collective to chat about how she picked herself back up again after losing everything in the 2008 recession.  LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any...

There may be some good news on the horizon for homeowners.  Ed McKnight from Opes Partners joined Francesca Rudkin for a chat about the changing factors that could impact Kiwis.  On the agenda:   Westpac has cut their interest rates again, is this the beginning of a trend?  Has the criteria for getting a mortgage changed? What’s the best time to restructure or get one?  When can Kiwis expect a cut...

Forty years ago one of the most transformational governments in New Zealand history was sworn in. That government, led by the larger than life David Lange, who was accompanied by financial architect Roger Douglas, had the task of overhauling the country’s fragile economy. Sitting in the inner sanctum of that government was Dr Michael Bassett, who became the Minister in charge of a run-down health...

Private equity firms have launched takeover offers for The Warehouse Group and retirement village company Arvida. Will the stock exchange fight back?  See omnystudio.com/listener for privacy information.