The SME Stream

Inland Revenue is reminding crypto-investors of their tax obligations.   The agency says it has identified 355 thousand unique crypto-asset users in New Zealand conducting some 57 million transactions.  It says any profit from selling, trading, or exchanging the assets is taxable as income.  Tax Partner at Dentons, Bruce Bernacchi told Mike Hosking there’s quite a lot of misun...

Apples & kiwifruit export quotas tied to NZ help with productivity gains for Indian orchards; council says fast-track approval for Sunfield development ignored flood risks. See omnystudio.com/listener for privacy information.

Today's inflation numbers could represent calm before the storm.  Annual inflation's likely to have fallen in the first quarter of this year after ending last year at 3.1%.   BNZ is picking 3.1%, KiwiBank's is picking 3%, ASB and ANZ are picking 2.9%, and Westpac is picking 2.8%.  ASB Senior Economist Mark Smith told Ryan Bridge that the future trajectory is more important.   H...

The latest NZIER Quarterly Survey of Business Opinion has revealed business confidence has taken a hit for the March quarter. Only a net 1 percent of firms expect better general economic conditions over the coming months on a seasonally adjusted basis. EMA Head of Advocacy Alan McDonald says people were expecting the economy to get better - and this conflict put an economic 'handbrake' on recovery...

The Finance Minister has raised some concerns over NZ First's bid to break up the supermarket duopoly.  NZ First has announced that if re-elected, it will split Foodstuffs into two nationwide co-operates: one for New World and Four Square, and the other for Pak'nSave.  Nicola Willis says it's good idea, but it needs to be carefully implemented.  "That's why I've been taking my time...

'Aspiration to invest $33b in 15 years. "I'd be very surprised if we get anwhere in coo-wee of that, however it indicates that the doors are open to NZ" See omnystudio.com/listener for privacy information.

'We're more exposed as an economy to the Middle East pressure point' Shane Solly - Harbour Asset Management. See omnystudio.com/listener for privacy information.

Talks are set to resume this week in Pakistan, but currently it's unconfirmed whether Iran will be in attendance. Previous talks have been unsuccessful, and over the weekend the Strait of Hormuz was opened and then reclosed by Iran after the US continued to block Iranian ports.  This instability has raised questions over the ever-increasing fuel prices.  Business correspondent Vicky Pryc...

Tesla and Boeing results in the spotlight as reporting season continues. Forsyth Barr's Zoe Wallis joins the show. See omnystudio.com/listener for privacy information.

Your biggest obstacle in business is not money, time, or the right idea. It is the voice in your head. In this episode, I break down why your brain turns against you when you start building something, and five simple tools to take back control and redirect that mental energy toward the life you actually want. Ready to build a business that changes your life? Join my Business Masterclass and get th...

Today's inflation numbers won't reflect the full impact of the war in the Middle East.  The first quarter of this year's expected to show a dip in annual inflation after 2025 ended with a rate of 3.1%.   Bank economists are predicting an inflation rate between 2.8 and 3.1%.  BNZ Chief Economist Mike Jones told Mike Hosking despite not showing the current picture, there will still be...

Tesla and Boeing results in the spotlight as reporting season continues. Forsyth Barr's Zoe Wallis joins the show. See omnystudio.com/listener for privacy information.

We often think of trusts as a way to protect your assets, especially if you work in certain fields - but a surprising number of regular families use them for a range of reasons.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

KiwiSaver hardship withdrawals have spiked to their highest in a decade last month, amid rising fuel prices. According to the IRD, more than 5600 people withdrew their savings due to financial hardship - the second-highest amount ever since August 2016. Over 49 million dollars was withdrawn, a 12.6 percent increase from March last year. Simplicity chief economist Shamubeel Eaqub says the cost of l...

So you want a loan to buy a property.  The bank sifts through all the money that's gone in and out of your accounts going back an uncomfortable amount of time, and give you a number they're willing to lend you. You think to yourself, the process is so long and gruelling, and they require so much of your usually private documents, that surely you can afford to meet those repayments - right?&nb...

Yesterday New Zealand First announced a campaign policy to break up New Zealand's supermarket duopoly. Woolworths and Foodstuffs currently control over 80 percent of the grocery market. NZ First leader Winston Peters told Mike Hosking he isn't pursuing this now because, "the National Party is not for it, the ACT Party is not for it. I mean, they've got their policies which are to stagger on w...

As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina O'Keeffe each week as she gives you a rundown of the biggest stories that could impact your business, so you can make informed decisions with expert advice.   This week,  The fuel crisis continues, putting pressure on the Reserve Bank over what to do with the OCR, retail spend i...

The Iranian military has threatened shipping in the Gulf, Red Sea, and the Gulf of Oman if the US naval blockade continues. The threats made by general Ali Abdollahi Aliabadi were apparently aired on Iranian state television. Meanwhile, talks could resume as early as this week with NBC news reporting Trump has said the war was “very close to over” while Tehran has said messages were st...

Tonight on The Huddle, Jordan Williams from the Taxpayers' Union and artist and local Government politician Oscar Kightley joined in on a discussion about the following issues of the day - and more! As the fuel crisis continues, more people are opting to take the bus instead of drive or fly. Do we see this becoming a permanent shift, or will things go back to normal when the oil crisis ends? What...

Westpac Senior Analyst Satish Ranchhod discusses why the forestry sector is particularly vulnerable. See omnystudio.com/listener for privacy information.

Associate Energy Minister Shane Jones says they remain confident about New Zealand's fuel supply, but remain ready to act further if necessary.  See omnystudio.com/listener for privacy information.

Federated farmers president Wayne Langford reveals what farmers will actually be spending on their record breaking pay out.  See omnystudio.com/listener for privacy information.

A lift in beneficiaries could suggest recent policy decisions are taking us in the wrong direction.  At the end of March, just over 409-thousand people were on a main benefit, almost three percent more than the year prior. Jobseeker numbers are up 2.6 percent. Auckland University Associate Economics Professor Susan St John told Ryan Bridge many of the ways we've tried to bring down spending h...

Kiwi company Allbirds has announced a new direction and it's drawn questions from experts. After years of losses, the former sustainable shoe company is transitioning to AI after selling all its assets this month. It's revised its moniker to NewBirds AI - seeing share values surging up to 700 percent. NZ Herald senior business writer Chris Keall says the tech and business-based press has raised co...

'The big question for global markets is what's going to happen with reporting season?' See omnystudio.com/listener for privacy information.