The SME Stream

Weight loss drugs like Ozempic and Wegovy are already transforming lives – but could their impact on the economy be even bigger?
Liam Dann and Tamsyn Parker look at predictions GLP-1 drugs could boost the US economy by hundreds of billions of dollars, slash healthcare costs and fundamentally change the food industry.
And could New Zealand be one of the big winners as demand shifts towards protein?
Plus, they break down the latest OCR decision, why different parts of New Zealand arguably need very different interest rates, and what to expect from the next GDP figures.
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Prasanna Gai, RBNZ Monetary Policy Committee member, lifts the curtain on the thinking behind last week’s interest rate hike and what comes next.
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Chris Hipkins is criticising his party's former policy on pricing farm emissions.
Labour has released a pledge to review and reform the Emissions Trading Scheme - saying the price is too low.
It wants farmers to adopt new tech to reduce emissions, and isn't campaigning on making them pay for agricultural emissions, as it did for nearly two decades.
Hipkins says he's not convinced it would've worked.
"We went through that whole process, it actually would have been very difficult to pull it off. That was all done before I'd become the leader of the Labour party - I'd inherited that one."
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The Labour Party has pledged to review the Emissions Trading Scheme if elected, and claims the current price is 'too low' to drive down reductions.
In an earlier announcement, leader Chris Hipkins said the party would make changes to the scheme - and that they wouldn't campaign on pricing agricultural emissions, a departure from their earlier stance.
The Country's Jamie Mackay has admitted he supports this development, and unpacked the rest of the party's announcement.
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The latest forecast from BusinessNZ shows New Zealand's economy's regained momentum.
It's predicting solid economic growth out to 2028, citing the fact business confidence is holding up, the Performance of Manufacturing and Services Indexes are back in black, tourism's growing, and credit activity's increased.
Chief Economist John Pask says performance is improving across the board.
He told Mike Hosking there's still some concern in regard to the upcoming election and political risks surrounding policy changes, but businesses are basically saying that they are concerned, but they're moving forward.
Pask says elections are important, but they're not the be all end all, as it were.
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