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'Aspiration to invest $33b in 15 years. "I'd be very surprised if we get anwhere in coo-wee of that, however it indicates that the doors are open to NZ"
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'We're more exposed as an economy to the Middle East pressure point' Shane Solly - Harbour Asset Management.
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Talks are set to resume this week in Pakistan, but currently it's unconfirmed whether Iran will be in attendance.
Previous talks have been unsuccessful, and over the weekend the Strait of Hormuz was opened and then reclosed by Iran after the US continued to block Iranian ports.
This instability has raised questions over the ever-increasing fuel prices.
Business correspondent Vicky Pryce told Ryan Bridge, "everything could of course unsettle the markets again, but right this minute the markets seem to think that some resolution will be found."
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Tesla and Boeing results in the spotlight as reporting season continues. Forsyth Barr's Zoe Wallis joins the show.
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Your biggest obstacle in business is not money, time, or the right idea. It is the voice in your head. In this episode, I break down why your brain turns against you when you start building something, and five simple tools to take back control and redirect that mental energy toward the life you actually want.
Ready to build a business that changes your life? Join my Business Masterclass and get the step-by-step roadmap.
👉🏼 https://www.makeithappen.org.nz/
📲 Socials: https://www.instagram.com/makeithappen
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Today's inflation numbers won't reflect the full impact of the war in the Middle East.
The first quarter of this year's expected to show a dip in annual inflation after 2025 ended with a rate of 3.1%.
Bank economists are predicting an inflation rate between 2.8 and 3.1%.
BNZ Chief Economist Mike Jones told Mike Hosking despite not showing the current picture, there will still be some interest in today’s numbers – particularly the core inflation figures.
He says that if they ease, it’ll give the Reserve Bank a bit more rope to look through some of the shock, and if they strengthen, it’ll probably excite those calling for earlier rate increases.
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Tesla and Boeing results in the spotlight as reporting season continues. Forsyth Barr's Zoe Wallis joins the show.
See omnystudio.com/listener for privacy information.
We often think of trusts as a way to protect your assets, especially if you work in certain fields - but a surprising number of regular families use them for a range of reasons.
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KiwiSaver hardship withdrawals have spiked to their highest in a decade last month, amid rising fuel prices.
According to the IRD, more than 5600 people withdrew their savings due to financial hardship - the second-highest amount ever since August 2016.
Over 49 million dollars was withdrawn, a 12.6 percent increase from March last year.
Simplicity chief economist Shamubeel Eaqub says the cost of living crisis, and the recent spike in job losses and business closures have all cumulated into the current increase.
"Mostly, what we're seeing at Simplicity is just that people have lost their jobs, they've lost their businesses, or they can't repay their mortgage - it's kind of life stuff. But the recession has real human cost."
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So you want a loan to buy a property.
The bank sifts through all the money that's gone in and out of your accounts going back an uncomfortable amount of time, and give you a number they're willing to lend you.
You think to yourself, the process is so long and gruelling, and they require so much of your usually private documents, that surely you can afford to meet those repayments - right?
Wrong.
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