The SME Stream

• Michael Johnston: NZ Initiative author on the report into the lack of apprenticeships, need for better pathways

  There’s a belief better pathways to industry and trades training are needed. A report from the New Zealand Initiative has found just 6% of 16-to-19 year-olds participate in workplace learning, while 11% are unemployed. It states schools are geared toward university education, even though only about a third enrol in degrees. Report author Michael Johnston says apprenticeship options need to be more visible to young people. He told Mike Hosking part of the problem is apprenticeship training is viewed as being for the kids who don’t cope with the academic path. Johnston says we need to rearrange the system so that young people, regardless of their background and propensities, look at apprenticeship training as a viable option. 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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• Paul Bloxham: HSBC chief economist on the OECD reducing its global economic outlook amid escalating trade tariffs

  The OECD has downgraded its outlook for the global economy as a result of President Trump's escalating trade wars. Canada and Mexico are predicted to see the biggest impact, with Canada's growth outlook being halved and Mexico being expected to see a recession. HSBC chief economist Paul Bloxham explains further. 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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• Inside Sydney's $17b supercomputing operation

  [VIDEO EPISODE ON YOUTUBE & SPOTIFY] This episode takes you inside one of the largest privately owned data centre operations in Australia and the story of how one entrepreneur built the A$17b business from nothing. 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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• Nicola Willis: Finance Minister drops first preview of 2025 Budget

  The Finance Minister's dropped a few crumbs on what's shaping this year's budget. Nicola Willis will unveil her growth budget on May 22. She says the public service won't get more funding, for doing the same thing. Willis says there's only more money if people are going to benefit from additional services - or improved impact from those services. But she says she won't be doing away with entire departments or agencies. "That's not on the agenda for this budget, because the judgement that we've made at this stage is that it could end up costing us more in the short-term than we would deliver in savings." 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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• Chris Small: ABC Business Sales Managing Director on the nearly $1 billion still owed for Covid-era business loans

  Nearly one billion dollars is still owed as the deadline for Covid-era loans approaches. Inland Revenue says many Small Business Cashflow loans will default in June if not paid off. About 130,000 businesses were issued the loans, totalling $2.4 billion. ABC Business Sales Managing Director Chris Small told Mike Hosking he's not surprised so many owners haven't paid it back yet. He says there were no personal guarantees or general security agreements, so it was a free hit for business owners. 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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