The SME Stream

Higher unemployment could continue to be a handbrake on the country's economic recovery.  More Kiwis are out of work, with unemployment now at a five-year high.  And Kiwis that are working are earning less, with wages not keeping up with inflation over the past 12 months.  Retail NZ Chief Executive Carolyn Young told Ryan Bridge that's having ripple effects.  She says if consum...

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, Unemployment is up, so what will that mean for the OCR? Property values are still taking time to budge, and Kiw...

The number of mortgage holders refinancing their loans is the highest ever recorded.  More than 3,500 borrowers refinanced in June, and experts are expecting to see the trend continue through to the end of the year.  Finance specialist Amanda Morrall joins Tim Beveridge for Smart Money.  LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or p...

Property investment has long been thought of as  the way to make passive income.  It's money coming in without the 40 hours a week - but is it really as passive as we all think?  Investment coach Debbie Roberts from Property Apprentice joins Tim Beveridge for the OneRoof Radio Show.  LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or...

The Prime Minister's blaming New Zealand's rising unemployment on the last Government's economic management.   The rate's hit a five-year high of 5.2%, just shy of Treasury’s predicted 5.4%.    Christopher Luxon told Kerre Woodham when inflation rises, interest rates go up, the economy shrinks, and people lose their jobs.  He says Labour had a lovely big spend-up party, b...

Crimson Education has been valued at NZ$1 billion (US$600 million) - but could its core business, getting kids into Ivy league, be destroyed by AI? Co-founder Jamie Beaton takes me to Columbia University to see inside the changing world of education institutions. The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the pod...

Beef + Lamb New Zealand Chair Kate Acland joins Tim Beveridge to discuss the impacts of the newly announced 15% tariff on exports to the United States.  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 l...

The latest unemployment statistics for New Zealand are due out tomorrow, and experts are divided ahead of the announcement. Many are projecting the market will have deteriorated further, but some are hoping things would have picked up. HSBC chief economist Paul Bloxham explains further. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advi...

The Trade Minister's hitting the phones, as it's confirmed US tariffs on New Zealand will be higher than when they were first announced. The Trump administration has confirmed base tariffs will now be 15 percent -- up from 10, in a decision that impacts countries including New Zealand. It's believed the new rate applies to those with a trade deficit with the US. Todd McClay told Heather du Plessis...

There was little this country could do to dodge the latest  tariff - this from a former trade minister Donald Trump's raising tariffs on New Zealand goods to 15 percent, while keeping tariffs on Australian and British goods at 10-percent. Tim Groser has dealt with the US extensively -- as our trade minister during the Barack Obama administration, and ambassador to the US during the first Trum...

It’s about that time of year when it feels like winter really starts to drag.... and it must be feeling that way for Christopher Luxon, too. It‘a cold and dark and we just want to be at the beach like our poser friends in Bali or Europe.  But we endure this gloomy season safe in the knowledge that one day, in a month or so, springtime will come, the days will get longer and everyt...

This week's episode of The Business of Tech marks a historic moment: the 60th anniversary of Datacom, New Zealand’s largest homegrown IT company.  I was joined by Datacom’s Group CEO Greg Davidson, who has overseen nearly two decades of remarkable change, steering the Christchurch-founded company through tidal waves of technological innovation.  “It is older than me, I'...

This week, prolific board director Wayne Boyd shares his best and worst money stories with Liam Dann, including pivoting from his planned legal career to helping break up Telecom, and his other high-profile board roles. 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...

Private Equity is starting to become part of the asset mix for an increasing number of KiwiSaver providers, with Fisher Funds the latest to ramp up their Private Equity offering.  Many people may think of corporate raiders when it comes to private equity - the type that sell the business off for parts - but how does that image fit with these new changes? And what are the opportunities, and th...

From tomorrow, there’ll be a 15% tariff on New Zealand imports for US businesses. The announcement of the arbitrary amount saw us frantically send our chief trade negotiator over to Washington in a last-ditch effort to plead our case. Trade Minister Todd McClay was also dispatched. But, will that actually do any good – when larger economies have already signed on the dotted line and ac...

Economic recovery is taking longer than many hoped.  Unemployment's risen to a five-year high of 5.2%, up from 5.1% in the March quarter.  New Zealand officially moved out of recession last year.  The Herald's Liam Dann told Kerre Woodham the job market is taking longer to catch up, so many people may not be feeling better off.  He says economists can tell us numbers are improv...

The Finance Minister says anxiety about tariffs will be playing a part in slowing down New Zealand's economic recovery.  Unemployment's reached a five-year high of 5.2%.  Economists think it could rise even higher before it starts turning around.  Nicola Willis told Mike Hosking tariffs aren't great, but some people may have been more worried than they should be.  She says the...

Government debt levels are rising globally - with many at risk of permanent structural deficits if they can't bring down interest bills each year. Cutting spending and increasing taxes is an unpopular concept among voters, so experts are wondering what the next steps could be. Milford Asset Management's Jeremy Hutton explains further. LISTEN ABOVE The podcasts in the SME Stream contain general inf...

New Zealand businesses owe more than $1.4 billion in unpaid GST and PAYE from the 2025 tax year, according to new reports. Of 2025's number, $432.9 million relates to employer activities and $1.047 billion to GST. IRD Customer Segment Manager Tony Morris says this data's in line with what's happening overseas - but it's an area they aim to put more focus on. "What we're seeing is a bit of an incre...

2025 is nearly halfway over - and it's been a memorable one for the markets so far. Between new developments in AI, ongoing economic uncertainty and Donald Trump's string of tariff announcements, investors have had to contend with a lot of unique factors. Fisher Funds expert Sam Dickie explains further - and reveals what investors can expect for the months ahead. LISTEN ABOVE The podcasts in the&n...

New Zealand has yet to hear from the US ahead of Donald Trump's latest tariff deadline – 4pm today, New Zealand time.  The White House says all countries will have heard from the US by that time.  The US President has indicated he'll raise tariffs, including the 10% baseline tariff imposed on goods from New Zealand and most other countries.  Trade Minister Todd McClay told Mik...

Agriculture is leading the way as the country's top performing industry.   Xero’s latest Insights report shows consistent under-performance in New Zealand’s small business sector in the past year, with sales falling by 0.1% in the June quarter.  Country manager Bridget Snelling told Mike Hosking sectors that are more sensitive to consumer spending and interest rates are being...

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, the government’s scrapping surcharges on bank cards but will we actually save more money? Unemployme...

This week, founder and managing partner of property investment company Opes Partners, Andrew Nicol, shares his best and worst money stories with Liam Dann. From his family's financial struggles growing up in Christchurch, bothering banks for their reports for a school competition, choosing a career over uni - and how that led to him buying his first home at 19, sparking a career and a business The...

Concrete might be the backbone of modern society, but it comes at a steep carbon cost. As global climate pressures intensify, the business of “greening” this essential material is heating up, and few are more determined to crack the code than Zarina Bazoeva, co-founder of Neocrete. In the latest episode of The Business of Tech, Zarina sits down for an in-depth interview about how her N...