Nicola Willis: Finance Minister on the Government's plan to boost economic hopes ahead of election
New polling data has revealed less Kiwis have faith the current Government can turn the economy around ahead of the upcoming election. A New Zealand Herald-Kantar poll has found voters are evenly split on Labour's proposed capital gains tax and about 45 percent of respondents in an IPSOS survey scored the Luxon-led Government below 3 out of 10. Finance Minister Nicola Willis says it's clear a significant number of people are still opposed to the capital gains tax and the Government has plenty of time to expose the negative impacts. "There's also a big, undecided group in the middle and those are the people that we will be speaking to between now and the election." 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 podcastsSee omnystudio.com/listener for privacy information.
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8:35
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8:35
Why your house shouldn't be your retirement plan
Think paying off the family home will have you sorted for retirement? That might have been a solid plan once upon a time, but times have changed and and perhaps your retirement plan should change too. Michael Vincent, mortgage director at Lighthouse Financial, joins Nadine to talk the dangers of relying on your house to look after you in later life, and what you should be doing instead. 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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27:32
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27:32
Todd McClay: Trade Minister discusses rollback of US tariffs on beef, offal and kiwifruit
The Trade Minister's cautiously welcoming a rollback of US tariffs on food imports including New Zealand beef, offal and kiwifruit. US President Donald Trump's signed an executive order reducing the tariffs. The affected New Zealand products represent around 25 per cent of our exports to the United States, worth more than two billion dollars annually. Trade Minister Todd McClay told Mike Hosking that it's still a very uncertain time for Kiwi exporters. He says he's concerned about the changing nature in the White House and even though it's been reduced, the tariffs could be brought back. 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 podcastsSee omnystudio.com/listener for privacy information.
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3:20
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3:20
Chris Luxon: Prime Minister stands firm against Labour's Capital Gains Tax
Chris Luxon is standing firm on his opposition to a capital gains tax. A New Zealand Herald-Kantar Poll shows New Zealanders are evenly split on Labour's proposal for a tax on gains on commercial and investment properties. Opposition is strongest in Auckland, while support for the CGT is stronger in every other region. The Prime Minister told Mike Hosking Labour's proposal is ultimately a bad idea, that will harm businesses and leave everyone's KiwiSaver worse off. 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 podcastsSee omnystudio.com/listener for privacy information.
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10:09
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10:09
John Duffy: Consumer NZ Chief Executive comments on increased fines for breaching the Fair Trading Act
The Government is planning to increase fines for breaching the Fair Trading Act - from 600-thousand dollars to five-million. It is announcing a swathe of changes to crack down on businesses and individuals breaking consumer laws. The cases could also be moved from the criminal court to the Civil Court to make prosecution easier. Consumer NZ Chief Executive Jon Duffy told Mike Hosking that it is one of the most consequential changes to the act in a generation. He says it will be a deterrent for many companies - but $5million is a drop-in-the-bucket for large multi-nationals. 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 podcastsSee 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.