Episodios

  • Sam Dickie: Fisher Funds expert on the KiwiSaver changes included in Budget 2025

    Sam Dickie: Fisher Funds expert on the KiwiSaver changes included in Budget 2025
    May 23 2025

    An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave some households better off for retirement - but experts warn not everyone will benefit.

    The Government will halve the member tax credit available to people who contribute at least $1042 in a year to $260.72.

    Fisher Funds expert Sam Dickie 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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    4 m
  • Christopher Luxon: The Prime Minister talks Budget 2025 with Kerre Woodham and Newstalk ZB listeners

    Christopher Luxon: The Prime Minister talks Budget 2025 with Kerre Woodham and Newstalk ZB listeners
    May 23 2025

    The Prime Minister's keen to raise the retirement age -- but it's not possible in coalition with New Zealand First.

    The Government is halving its KiwiSaver contribution rate -- and canning if people earning more than 180-thousand dollars.

    The default rate of worker and business contributions to KiwiSaver will rise over time.

    Chris Luxon told Kerre Woodham pushing out the retirement age to 67 makes sense.

    He says Labour doesn't think it’s a good idea, and New Zealand First does not want to move that forward.

    Luxon also spoke about the cuts the government made to make funding available elsewhere.

    Budget 2025 includes 21 billion dollars of cost-savings - 13 billion of that from the controversial change to pay equity law - raising claim thresholds.

    Prime Minister Chris Luxon told Kerre Woodham these are difficult choices, but there's no way they could afford that.

    LISTEN ABOVE OR WATCH HERE

    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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    34 m
  • How this tourism company circumvented tariffs

    How this tourism company circumvented tariffs
    May 23 2025

    [VIDEO EPISODE ON YOUTUBE & SPOTIFY] Tourism Holdings rushed hundreds of camper vans across the Canadian border to dodge reciprocal tariffs. But it’s now battling another issue – a decline in US tourism.

    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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    30 m
  • Growth or austerity? Unpacking Budget 2025 and what it means for you

    Growth or austerity? Unpacking Budget 2025 and what it means for you
    May 23 2025

    The coalition Government has unveiled its second Budget.

    Over 20 billion dollars in savings has been found over the next four years, more than half from controversial changes to our pay equity scheme.

    There are changes to KiwiSaver contributions, means testing for support for parents, and a major new tax incentive for businesses.

    Finance Minister Nicola Willis said that it is a “responsible budget”, while Labour has called it an ‘austerity budget’ that leaves women out and is stealing from our kids.

    To break down what this all means for you, today on The Front Page, we’re joined by NZ Herald business editor at large, Liam Dann.

    Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

    You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

    Host: Chelsea Daniels
    Sound Engineer/Producer: Richard Martin
    Producer: Ethan Sills

    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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    19 m
  • Nicola Willis: Finance Minister on Budget 2025, return to surplus, and New Zealand's growing debt problem

    Nicola Willis: Finance Minister on Budget 2025, return to surplus, and New Zealand's growing debt problem
    May 23 2025

    The Finance Minister is defending her budget and growth agenda, despite a surplus being some years away.

    The Government's books aren't set to return to surplus until 2029.

    Nicola Willis says that surplus is coming despite disruption on the world stage.

    She told Mike Hosking alongside spending cuts they're also investing to encourage businesses to grow.

    Willis says the biggest risk to getting back into surplus would be a slow down in the economy.

    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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    10 m
  • Kerre Woodham: Retail owners and businesses can't hang on any longer

    Kerre Woodham: Retail owners and businesses can't hang on any longer
    May 23 2025
    Isn't it cruelly, cruelly ironic that yesterday we were talking about just how tough it is in retail, and we have the news that after 145 years, Smith and Caughey's, the last of the great, grand department stores, famous for the high-end goods, the beautiful Christmas window displays, will close its doors for the final time by July 31st. Ninety-eight jobs will be lost, but it's more losing a bastion of retail, it goes beyond the closure of just the store. It survived two world wars and two severe depressions. It was battling online retail but then a “perfect storm” in 2024 and 2025 meant that it just couldn't carry on. Once it's gone, we won't be seeing the likes of that again. So ironic that we were talking just yesterday about the man from JLL saying we need more retail space, a quarter of a million more square metres of retail space over the next five years, and we were like really? How about filling the retail space that exists? That led into the conversation about just how tough it is selling stuff in this day and age. Mike Hosking was talking to Viv Beck of Heart of the City this morning, and they agreed that the changes made to the inner city had proved too difficult to navigate. “We hoped they'd be able to get through to the opening of the CRL and we have absolutely laid it out, clear as day, to both Auckland Council and Auckland Transport what they needed to do to reduce the barriers to get into the central city. And I think the lack of action is inexcusable. There are fundamental flaws in the way this is being managed, and it has to stop. “The reality is it's been an obsession with getting cars out. We've already lost 44% of them since 2015, and yet Auckland Transport seems to think fining people in our nighttime district in Queen Street is acceptable. But the reality is we've got so much good stuff and it is a positive future. The City Rail Link will make access easier, but we cannot tolerate this behaviour anymore. It has to stop.” There's so much that went wrong all at once, that so many businesses have been trying so hard to navigate and it's not just an Auckland. We're talking about Auckland right now, but look at Wellington and Hamilton as well. The inner cities are really struggling because of the ideological brain farts of city planners, because of the ideological bent to get vehicles out of the inner city without actually replacing them with any kind of decent public transport, because of Covid, because inner city hotels and motels were turned into waste stations for transients and waifs and strays making it an unappealing place to visit, because of online retail – there are so many reasons why it has been incredibly difficult. They're trying to hang on trying to hang on until the promise from these urban planners, the promises from the transport departments, the promises from the ideologues, that this is going to be a new and bright and beautiful future. That the streets are going to be teeming with throngs of happy people who are desperate to buy whatever it is you've got to buy. And so these businesses are hanging on by their fingernails. “Better days are coming. Better days are coming.” Well, some of them cannot hang on any longer, their fingernails are losing the grip in there, slowly scraping their way down the side of the wall. I was on Ponsonby Road yesterday and a fashion designer who's been on Ponsonby Road in the same store for 26 years, she's conceded defeat. She can't do it anymore, she said, she just can't. She's been waiting and waiting and waiting for things to come right and she's run out of money and run out of time. And again, it's the economy, it's Covid, it's the new employment relations rules, it's all of those things. And then just when things start to come right, along comes Trump. There's so much that's happening. But she also made the same comment that a lovely young woman from the New Zealand fashion powerhouse Zambezi made – Zambezi's not renewing its lease on Ponsonby Road. Both women said that along with all the difficult times they've experienced over the last five years, they said that their customer base had aged out and they weren't being replaced. That they were trying to reinvigorate their customer base, but the younger generation are just not interested in buying the more expensive New Zealand designed, New Zealand made fashion. The younger woman don’t want to pay those prices. So, the kids may well bunk off school to take part in climate emergency protests, and they may well harangue the older generation for bequeathing them a world on fire, but they're not willing to settle for one outfit a year from a New Zealand designer when they could have 50 dresses from Temu. Rather than actually putting their money where their mouths are and not contributing to the ecological environmental climate change disaster of fast fashion, and rather than support New Zealand designers in New Zealand, machinists in New ...
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    8 m
  • Budget 2025: What you need to know

    Budget 2025: What you need to know
    May 23 2025

    Officially dubbed the “Growth Budget” - unofficially, the “no BS Budget” - Finance Minister Nicola Willis has unveiled where New Zealand's dollars are being spent.

    From the outset, she promised no frills or excess – saying for months there’s very little left in the kitty.

    Big changes include cuts to Government KiwiSaver contributions, means testing on the financial support parents can access, health investments, and a new tax incentive for businesses.

    Listen as we run through the numbers you need to know.

    Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

    You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

    Host: Chelsea Daniels
    Sound Engineer/Producer: Richard Martin
    Producer: Ethan Sills

    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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    7 m
  • Chris Hipkins: Labour Party leader voices disapproval with 2025 Budget

    Chris Hipkins: Labour Party leader voices disapproval with 2025 Budget
    May 23 2025

    Labour leader Chris Hipkins has been quick to voice his concerns with the 2025 Budget.

    Hipkins took aim at the pay equity changes - and opposed the new initiatives around oil and gas.

    "If you think about it - it's saying to women that they're worth less, it's saying to all working New Zealanders that your KiwiSaver, when you reach retirement, will be worth less."

    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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    6 m
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