The SME Stream

Tonight on The Huddle, Director at Wellington Government Relations Firm Silvereye Conor English and broadcaster Mark Sainsbury joined in on a discussion about the following issues of the day -and more!  Donald Trump has finally unveiled his tariffs to the world - with many countries being hit with 10 percent tariffs on the low end. How concerned are we? The Justice Select Committee has finish...

Our Government is asking the US for more details on its new import rules for New Zealand.  Donald Trump's announced 10% tariffs on almost all goods entering the country from around the world – including New Zealand.  Many countries face much higher tariffs, with goods from China being hit by a combined 54% levy.  Trade Minister Todd McClay has confirmed officials are still see...

Donald Trump has unveiled a barrage of sweeping tariffs set to hit the rest of the world - and it's left a notable impact on the markets. All countries, including New Zealand, have been hit with a 10 percent tariff, the EU will cop 20 percent, but Asia's been hit a little harder. China will pay 34 percent on top of a 20 percent levy, Japan will pay 24 percent and India will pay 26 percent on their...

The Government's questioning the numbers the US is using to justify new tariffs. The Trump administration claims it is imposing a 10 percent tariff on our goods, in response to New Zealand's 20 percent tariff on US goods. But Trade Minister Todd McClay says our tariffs average under 2 percent, with the highest about 5 percent. "It looks like they've used a different type of calculation as to balan...

President Donald Trump has today confirmed a roll-out of 10 percent tariffs on almost all imports to the US. They're much higher for some countries and products - including 25 percent on vehicles, 34 percent on China, and nearly 50 percent on some other countries. Republican strategist Jeanette Hoffman says domestically, Trump is taking a major political risk. "If prices go up, we hit a recession...

The Trade Minister is playing down New Zealand's chances of getting an exemption to Donald Trump's 10% tariffs.  The Trump administration says it's imposing the tariffs in response to our 20% tariff on US goods.  Todd McClay says our average tariff on US goods is actually less than 2%, and the 20% figure appears to be based on the trade balance between our countries last year.  He t...

The UK will likely be pushing hard for a better deal after President Donald Trump unveiled the new tariffs set to impact the region. Trump announced new levies on goods coming into the US, including 10 percent on all UK imports and 20 percent on those from the European Union. UK correspondent Enda Brady says the UK is among many countries that will be pushing back against the tariffs - with discus...

There's been plenty of discussion about Donald Trump's new barrage of tariffs - and many Kiwis have been left wondering what it means for them. The new tariffs come with wide-reaching global implications, and experts have revealed it could play a part on future interest rates later down the line. NZ Herald business editor at large Liam Dann explains further. LISTEN ABOVE The podcasts in the S...

Uncertainty is the word of the day in the US as Donald Trump gears up for his so called "Liberation Day".   The President will reveal his latest round of tariffs at 9am New Zealand time.   It's expected to throw away decades of norms around global trade and hit people in their back pockets.   University of Iowa Economics Professor Anne Villamil told Andrew Dickens there's particular...

The age of globalisation is dead. Trump has withdrawn America. Now we’re in an age of blocs - nations that agree to trade with each other, nations that have commonality.   So, who are our friends and who are our friends that we get on with?   China is our biggest trade friend, but is China our friend? No, they’re not.   So we are into a period of delicate negot...

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, what’s going on with our job satisfaction? What the easing of health and safety obligations means for sma...

On this week’s episode of The Business of Tech, Sarah Box, a digital policy specialist at the Ministry of Business Innovation and Employment, shares insights from her three-month Harkness Fellowship in the United States examining AI policy direction. While Trump's first term focused on innovation and capability development, Biden pivoted toward trust and safety. So what does Trump's vision f...

An economist says Donald Trump's 'liberation day' could better be described as 'watch your wallet day'.   The US President will be announcing his next round of tariffs in about half an hour.   Dartmouth College Economics Professor Douglas Irwin say tariffs could be across the board or set specifically to each country.   He told Mike Hosking a blanket option would create a lot of eco...

Property sales have reached the highest point in years - but the number of unsold homes is at a record high. Barfoot & Thompson has revealed March was a record month for house sales, but unsold stock numbers have been climbing, with 5300 places unsold in January and 5900 in February but 6200 last month. Property investment expert Ed McKnight says vendors aren't willing to take risks at this po...

Trump's tariffs are coming tomorrow - and he's basically playing God with the global economy. I've found the stuff we should know: The presser is 4pm Eastern time in the Rose Garden at the White House. That's 9am NZT. The reason it's late over there is because they want markets closed when he announces it. This is big league stuff. This guy has the power to make or break countries, marke...

Tomorrow at 9am NZT, investors, economists and financial experts will be tuned in to watch Donald Trump's much-anticipated update regarding tariffs.  Many nations are bracing themselves for the potential economic impacts - but there's hope New Zealand could escape the worst of it. Milford Asset Management's Jeremy Hutton speculated ahead of the big day. LISTEN ABOVE The podcasts in the S...

The UK is expecting to be hit by new US tariffs on Wednesday, with Downing Street indicating a new deal with the US won't be reached in time.  President Donald Trump is set to unveil a raft of tariffs tomorrow - and it's widely believed they'll hit all countries, not just those with the biggest trade imbalances with the US. UK correspondent Enda Brady says Prime Minister Starmer doesn't plan...

Australia's Reserve Bank has kept its Official Cash Rate unchanged - as it waits for the impact of tariffs expected from Donald Trump tomorrow. New Zealand's Central Bank is still expected to drop our Official Cash Rate 25-basis points next week. Australian correspondent Murray Olds says the uncertainty around the economy has created complications for the Central Bank. LISTEN ABOVE The podcasts in...

The Australian Reserve Bank has moved to hold the OCR steady at 4.1 percent following this afternoon's meeting. Interest rates started to drop in February - but the Central Bank opted to hold off on going further for the time being. HSBC chief economist Paul Bloxham explains what inspired the market to make this move. LISTEN ABOVE The podcasts in the SME Stream contain general infor...

It's back baby! Bored to Boss has returned for another season of inspiring business stories from all your favourite entrepreneurs. Grab your Suntory Boss Coffee - It's brewed hot, chilled fast and perfect for an on-the-go podcast listen! In this episode, Georgia Patten, the founder and designer behind bored.george Sunglasses discusses the staggering pace at which her fully bootstrapped business ha...

 [VIDEO EPISODE ON YOUTUBE & SPOTIFY]   Canadian-listed OceanaGold’s global president & CEO explains its $1 billion investment to mine under New Zealand land, despite controversy and a high cost to get to it. The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts...

President Donald Trump is set to unveil a barrage of tariffs on April 2nd - and industry experts have voiced concerns. The day has been dubbed 'Liberation Day' by the President and his aides, and business experts and economists are worried it will cost jobs and create economic turmoil.  Harbour Asset Management's Shane Solly explains what could come out of this - and what risks it holds for N...

The Reserve Bank appears to have caved to pressure with its decision to review its capital requirements.  The central bank introduced stricter rules in 2019, requiring banks to hold capital to buffer them against a 1-in-200-year financial crisis.   The rules have been criticised for driving up lending costs.  Former Reserve Bank economist Michael Reddell told Mike Hosking there's be...

Small businesses will have less health and safety obligations under new reforms.  Workplace Relations and Safety Minister Brooke van Velden has revealed her first changes to the Health and Safety at Work Act.  She says small businesses will only need to manage risks relating to death or serious injury to reduce compliance costs.  BusinessNZ Chief Executive Katherine Rich says it wil...

 [VIDEO EPISODE ON YOUTUBE & SPOTIFY]   Snowflake co-founders Benoit Dageville & Thierry Cruanes explain why they quit Oracle to build a company that became the biggest software IPO in US tech history; and the one reason why they almost didn't do it. The podcasts in the SME Stream contain general information only, not financial or professional advice. Any...