The SME Stream

A busy reporting season has concluded for the NZX-listed companies, with some doing better than others. A2 Milk stood out as a success story from this season, but other listed businesses haven't fared so well. Milford Asset Management's Jeremy Hutton explained further. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice....

Now, we need to talk about that Amazon announcement yesterday. These guys have taken us for fools in this country. They've looked at us in New Zealand and they've gone, let's take these guys for fools. That $7.5 billion wasn't new, it was already announced by Jacinda 4 years ago. It's not even actually a convincing number, because it looks like what they've done here is included their po...

Nasdaq-listed tech services company Rimini Street is challenging the status quo in New Zealand’s enterprise IT market, offering a striking alternative to the upgrade treadmill set by big software vendors.  On this week’s episode of The Business of Tech, Seth Ravin, founder and CEO of Rimini Street, and Joe Locandro, global CIO, share their vision for how New Zealand enterprises an...

Pic Picot has lived his life like it's one big experiment. He's tried a bit of this, had success with a bit of that, lived on a commune, sailed the Pacific and modified a concrete mixer to roast peanuts in. The latter was the humble beginnings of what you'll now know as Pic's Peanut Butter. The self-confessed hippy joins Liam to talk risk-taking, money-making and the future of the beloved Pic's br...

Labour and National appear to be aligned on the Paris Climate Agreement.   Yesterday ACT called for New Zealand to leave unless the terms of the deal change, but the Prime Minister said no.   Labour's Chris Hipkins echoed Christopher Luxon, telling John MacDonald leaving the deal would cause more harm than good.   He says it would be a disaster for us – walking away from those...

More people are getting mortgages approved as they prepare for the Official Cash Rate to fall further. Latest Centrix figures show mortgage enquiries are up 16% for the month of July and new mortgage lending rose almost 25%. Key Mortgages broker Jeremy Andrews told Andrew Dickens many people are getting approved and just holding off. He says there's been more activity lately - with one client of h...

The Prime Minister is celebrating tech-giant Amazon's continued moves into the New Zealand market.  Amazon Web Services' data centres are now open in Auckland - something that is slated as a $7.5 billion investment. The Prime Minister told Mike Hosking it will create up to a thousand jobs, and make an $11 billion boost to GDP.  Luxon says it’s probably the largest ever publicl...

New Zealand First Leader Winston Peters says he wasn't dragged kicking and screaming into a new foreign investors deal.  The Government’s approved changes to allow people with an investor residence visa to buy or build one home, starting at $5 million.  They’re required to invest an extra $5 million into the economy to qualify.  Peters told Mike Hosking he supports the c...

There's hopes the promised 1,000 new jobs created from Amazon's locally based data centres will go to Kiwis. The tech giant's investing $7.5 billion into the Auckland-based centres, which go live today. It'll mean New Zealand customers can use the new cloud region to run workloads and store data locally. Amazon Web Services country manager Manuel Bohnet says they're taking a long-term view with th...

The growing volume of purchases from the likes of Shein and Temu are hitting New Zealand’s import economy hard.  Stats New Zealand has revised the National Accounts, with imports down $2.5 billion in the June quarter.  The average value of parcels has dropped sharply, driven by fast fashion and cheap e-commerce.   Retail NZ CEO Carolyn Young told Mike Hosking a lot more people...

Stats NZ came out with the latest trade data for New Zealand - and the results show good news for exporters. Exports were up 9.9 percent in the year to June and imports were up 3.2 percent. HSBC chief economist Paul Bloxham explained further. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the p...

Is this a turning point for the wine industry?  Data shows export volumes are expected to grow 4% to 285 million litres in the year to June 2025.  Export revenue is also forecast to lift to $2.4 billion by 2029.  Hawke’s Bay Winegrowers CEO Brent Linn told Mike Hosking Hawke’s Bay is more domestically focused, with production to export only representing 25% of their mark...

It's no secret that the cost of living has gone a bit crazy these past few years, but insurance seems to be one of the hardest hit. Insurance prices have increased 900% since 2000 - almost triple the increase of tobacco products.  LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts...

Chris Bishop has openly called for house prices to fall, saying we need to be channeling more money into the economy rather than having it locked up in housing.  The Prime Minister says we need modest and consistent increases in property prices, to ensure the economy is growing.  So what is actually best for New Zealand and the economy?  CEO of The Property Lifestyle, Nichole Lewis,...

Overflowing wardrobe? It might be worth more than you think. Aidan Bartlett, CEO of Designer Wardrobe, joins Nadine to talk about the booming second-hand fashion market. From unlocking the $1000 sitting idle in your closet to sellers making tens of thousands, resale is growing five times faster than traditional retail. Aidan reveals the secrets to getting the best price for your clothes, the...

Macquarie Technology Group stores 42% of the Australian Federal Government’s information in its data centres. Its CEO and Founder says that makes them a critical target in this geopolitical environment. 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 i...

Kiwis have racked up more than a billion dollars in green loans for energy efficient items like EVs, solar panels, and heat pumps.  BNZ, ASB, and ANZ all lend up to $80 thousand on a 1% interest rate over three years.  Massey University Banking Expert Claire Matthews says these are small loans, meaning the banks are pumping them out, while not actually lending a huge amount.  She to...

Chinese investment in New Zealand is growing, but slowly.  The New Zealand China Council’s annual report shows China ranks 12th as a source of foreign investment in New Zealand, providing less than 1% of total inflows.  Investment grew 9% a year between 2014 and 2024, but has flat lined since 2019.  NZIER Principal Economist Chris Nixon told Ryan Bridge the problem is that inv...

As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina Shrimpton each week as she gives you a rundown of the biggest stories that could impact on your business, so you can make informed decisions with expert advice.   This week, another day another visa, the government ramps up efforts to attract more foreign investment, our economy is s...

A new visa to attract businesspeople to New Zealand has been established by the Government, and really, it's only a matter of days, perhaps weeks, before a loosening on restrictions for foreigners being able to purchase residential property here is announced. Christopher Luxon, the Prime Minister, when he was last in-studio with me, said we’ll be announcing that shortly. I said you’ll...

More money could soon circulate through the economy as the Government opens up the country to more overseas businesspeople.    Under its new Business Investor Visa, foreign investors who put at least $2 million into a Kiwi business will be granted a 12-month fast-track to residence pathway.  People who invest $1 million will be given a three-year work-to-residence option.  ABC...

It's been revealed the Reserve Bank chairman sent a warning letter to Treasury in the wake of Adrian Orr's resignation. Neil Quigley warned that it would  'immediately destroy the goodwill' between the two entities if it publicly released details of the fateful meeting. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVE The podcasts in the SME Stream contain...

The state of the US Federal Reserve has always prompted responses from financial markets, but recent actions from the Trump administration have raised eyebrows. Trump recently came out and said he was going to fire Federal Reserve Board member Lisa Cook earlier in the week. Milford Asset Management's Andrew Curtayne unpacked the market reactions  LISTEN ABOVE  The podcasts in the SME Str...

More foreign investors could soon flock in to work hard on Kiwi businesses.   The Government's new Business Investor Visa will give foreign businesspeople who invest at least $2 million into an existing Kiwi business a fast-track to residency.  If a business is worth $2 million, the applicant would have to buy it, and if it's worth more, they'd have to invest at least a quarter of its to...

Belief an improving gender pay gap is due to a weaker labour market. Stats NZ's revealed the difference in pay between women and men fell to 5.2% in the June quarter - its lowest point to date A year ago, it was 8.2%. Mind the Gap co-founder Dellwyn Stuart told Ryan Bridge the number will likely go back up as the economy improves and more part-time jobs become available again for women. She says t...