The SME Stream

Our economy was well on the way to recovery, driven by a resurgence in manufacturing, before the fuel crisis hit.
Stats NZ data out today shows GDP rose 0.8% in both the quarter and year to March.
Equipment manufacturing, food production, accounting and businesses services, wholesale trade, and agriculture were all doing well.
But mining had a big drop, as well as residential and non-residential construction.
NZ Herald Business Editor Liam Dann joined Kerre Woodham to unpack the figure.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

New Zealand's continuing to feel the knock-on effects of continuing economic downturn - but is there light at the end of the tunnel?
The latest data shows GDP rose 0.8 percent in the March quarter, before the fuel crisis started to hit.
However, EMA Head of Advocacy Alan McDonald is urging caution at this stage.
"Everyone's kind of hedging their bets a little, but those underlying good factors that were evident in those numbers...they're still there. But some of the intentions to hire and invest - understandably, it's gone on hold."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

New Zealand's economic recovery had been gaining momentum before the Iran war and fuel crisis hit.
Today's figures show GDP rose 0.8 percent in the March quarter.
That was driven by manufacturing, business services and wholesale trade, particularly production of equipment and food.
Newstalk ZB senior political correspondent Barry Soper says there's still indicators the economy could rebound - assuming the US-Iran peace deal holds up.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

Nicola Willis says the Government's focused on the country's long-term economic outlook.
GDP's risen 0.8% in the March quarter.
The Economic Growth Minister says the June quarter won't be as sunny, as many businesses and households have been hit hard by the Iran war and fuel crisis.
But she told Mike Hosking the global oil prices are tracking lower than Treasury had forecast.
She says there's every reason to believe that flows through to lower prices at the pump, lower inflation, and better prospects for the economy overall.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

Businesses are continuing to weather hit after hit, as the economy bounces in and out of recovery.
GDP's now risen for three consecutive quarters - up 0.8 percent in the three months to March.
But it's on track to fall for a third consecutive June quarter due to the impact of the Iran war and the fuel crisis.
Employers and Manufacturers' Association Head of Advocacy Alan McDonald says their members are getting very used to adapting to disruptions.
Minister for Small Business and Manufacturing Cameron Brewer shares his thoughts with Andrew Dickens.
See omnystudio.com/listener for privacy information.