The SME Stream

From collecting bottles for pocket money in small town South Canterbury to advising governments at the IMF, Westpac chief economist Kelly Eckhold has spent a lifetime thinking about how economies work. He joins Money Talks to discuss inflation, productivity, inequality and why New Zealand's biggest challenge may not be how we divide the pie, but how we grow it.

Money Talks is brought to you by CMC Markets
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News of a peace agreement to be signed this between Iran and the US is prompting optimism about fuel prices and the global economy, but the Finance Minister is staying cautious.
Both sides have agreed a deal, to be formally signed in Switzerland on Friday - and it's understood the the Strait of Hormuz will reopen and 60 days of nuclear negotiations will commence.
Nicola Willis says there's been breakthroughs followed by backsliding over the last few months as the conflict continued.
"I'm steeled for possibly bad news, but hopeful this is going to stick because we've already seen the global oil price come down pretty significantly as a result, and I'd love to see it keep coming down."
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AngelHQ co-founder Suse Reynolds tells Herald NOW Business about backing the next big start ups
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The Finance Minister says it's still too early to say whether we're seeing the beginning of the end of the fuel crisis.
Prices have already fallen significantly since the US-Iran peace deal was announced.
Traders on prediction market Kalshi are now picking the Strait of Hormuz to reopen and be fully back to normal by August.
But Nicola Willis told Mike Hosking while the deal is clearly good news, she's waiting to see how the situation develops.
She says it's still fragile and we've had breakthroughs in the past only to go backwards, so she's not counting her chickens just yet.
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Forsyth Barr Investment Strategist Zoe Wallis takes a look at the week ahead for the global markets, Monday 15 June.
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