Sam Dickie: Fisher Funds expert on the rise in global retail giants moving into New Zealand
Over the last few years, more international retail giants have moved to establish themselves in New Zealand. Costco opened its first store in West Auckland a couple of years ago, and Ikea is set to open up its first New Zealand-based store in Auckland in December. Fisher Funds expert Sam Dickie reveals why these changes are taking place. 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 losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.
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Nick Clark: Local Government Business Forum Secretary on the call for referendums for major council spending
Voter turnout could be an issue for a proposal to introduce binding referendums on major council spending projects. The Local Government Business Forum has released a report in favour of holding referendums for significant projects exceeding $500 per ratepayer. It says it should only apply to non-essentials, preserving councils' ability to invest in key utilities like water and transport. Forum Secretary Nick Clark told Mike Hosking thresholds need to be in play to help low voter numbers. He says there should be a turnout threshold or a super majority, particularly if it's a binary choice. 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 losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.
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Ankit Sharma: Master Builders CEO on the State of the Sector Report, consumer confidence
There's cautious optimism in the construction sector and hopes the economy will improve. The Master Builders State of the Sector Report cites remaining demand issues like consumer confidence. The report finds 66% of people describe their recent build as a positive and a similar number of people report no significant delays. CEO Ankit Sharma told Mike Hosking regions are leading the way while urban centres like Auckland and Wellington are still facing headwinds, but there’s a strong pipeline. He says they’re transitioning from survival mode into a place of, hopefully, sustainable recovery. 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 losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.
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SME Stream Weekly Wrap - 12 September
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, older Kiwis are leaving New Zealand in droves, the latest employment data doesn’t bode well for our economic recovery, and our GDP could be in for a hit as manufacturing output takes a dive. Plus we discuss what’s driving the increase in our health insurance premiums, and we preview a great conversation about why you need a will. 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 losses resulting from the content of the podcasts.See omnystudio.com/listener for privacy information.
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Lee Marshall: Hunter Campbell Managing Partner on the results of the Mood of the CFO survey
New Zealand’s finance leaders are more confident for the year ahead. A new report from the Hunter Campbell Group shows an uptick in confidence from CFOs, with 38% expecting modest to strong growth over the next 12 months – up from 31% last year. But on the flip side, confidence in the Government’s ‘responsiveness’ remains low across the board. Hunter Campbell Managing Partner Lee Marshall told Mike Hosking they’re starting to see a two speed economy take shape in New Zealand, with almost half of businesses surveyed meeting or exceeding their targets, while the other half stagnated or went backwards. He says in general, those whose businesses performed well in the last 12 months are very confident things will continue to improve in the next 12 months. 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 losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.
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The SME Stream is a curated playlist of business podcasts brought to you by Bank of New Zealand (BNZ). The podcasts contain general information only, not financial or other professional advice. For help, please contact your bank or professional adviser. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.