Best of Business

The Cost of Living Crisis has driven a lot of Kiwis to look for financial advice, and many turn to AI over a financial advisor. But is AI really that reliable as a source of financial advice?
And investing in AI seems to be the thing to do at the moment, is it somethng you should be getting in to or watching with caution?
Money Coach Amanda Morrall joins Tim Beveridge on Smart Money to discuss.
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There’s a view Labour's small business policy would give owners more room to grow.
The party wants to up the GST threshold, lift the asset write-off, and require big businesses to pay small suppliers faster.
It'll cost $1.5 billion and will scrap the current Government's more expensive Investment Boost scheme.
Business Canterbury CEO Leeann Watson told Ryan Bridge it's great starting point and would make growth and innovation easier.
She says cashflow and compliance are current pain points, which impact what's invested in new assets.
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Revenue's soaring for Elon Musk's spacecraft company SpaceX - but so is spending.
It's published its first earnings report as a public company.
SpaceX says its revenue's grown 92 percent compared to a year ago, bringing it to $7.8 billion.
Sam Dickie from Fisher Funds explained further.
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Rabobank has unveiled their latest agribusiness report for August - and claimed there's plenty to watch going forward.
Dairy, beef and sheepmeat are seeing good results, with momentum likely to continue, but there's some concerns impacting the global market.
The Country's Jamie Mackay explained further.
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Labour says its new election policy aimed at small businesses is about making life a little easier.
If it gets into power, the Labour will raise the GST threshold, lift asset write-offs and require big businesses to pay up faster.
It would axe the current Government's Investment Boost, which lets businesses deduct 20 percent of the cost of a new asset.
Leader Chris Hipkins says small businesses shouldn't be a line of credit for big businesses.
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