The SME Stream

Now, more than ever, it might seem like a good idea to invest in an electric vehicle, but does it make sense financially?

Johnathan Sergel, the AA’s chief mobility officer, joins Nadine to dive into the costs involved with owning and running an EV, and how those costs compare to running a petrol vehicle.

With rising fuel costs and EV sales surging, now's the time to do the maths and figure out what makes the best sense for you. 

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Do you know exactly what you need to do but still can't make yourself do it? In this episode, I break down the real reason so many people stay stuck - and it's not laziness, lack of time, or not having the right plan. It's fear of success, and it's showing up as perfectionism, procrastination, and endless planning. I'll show you how to break the cycle for good with one simple shift.

Stop planning. Start doing. Your next step is smaller than you think.

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The latest numbers, as at one week ago, there were 24 days of petrol and 18 days of diesel in the country. 

Things are looking to worsen for the foreseeable future, although an uptick in public transport use and EV purchases point to people taking things into their own hands. 

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Today, Finance Minister Nicola Willis and Associate Energy Minister Shane Jones announced the four-stage fuel plan in response to fuel supply concerns stemming from the war in Iran.

Phase one of the plan focuses is on monitoring global developments, phase two would involve active co-ordination between the Government and industry, including supporting efforts to reduce demand, phase three and four, at this stage, would include prioritising fuel for emergencies, freight and food supply chains, and key industries.

Willis told Heather du Plessis-Allan that phase three and four would negatively impact the New Zealand economy. 

"It wouldn't be great for anyone, for jobs or livelihoods, which is why we're working so hard now to try and prevent that ever being possible," she said. 

"But, we also recognise these are events outside our control."

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As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina O'Keeffe each week as she gives you a rundown of the biggest stories that could impact your business, so you can make informed decisions with expert advice. 

This week, fuel prices are still going up and supply is still going down - so do we have enough to keep going? There are fears about what all this means for interest rates and inflation, and the ban on card surcharges could become a thing of the past …. Plus why one expert says we need to change our views on renting.

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The bank sees a hole in economic growth in the middle of 2026 but remains hopeful of a recovery in the second half of the year says CEO Catherine McGrath.

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This week’s volatility echoes past conflicts like the Gulf War, when oil doubled. Ricky Ward from JBWere joins the show to disucss.

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Garth Bray joins Ryan with the latest in business news

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The private credit sector has given investors cause for concern.

Questions have been raised about the sector's future amid a flood of redemption requests among some high-profile private credit funds.

Sam Dickie from Fisher Funds explained further. 

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Labour may still hand a lifeline to the Government's much-touted surcharge ban. 

The policy was announced with much fanfare last year - with Minister Scott Simpson promising it would be in force by May. 

But he now says the bill's on pause, after David Seymour confirmed ACT won't back it. 

National's now hoping for Labour's support for it to pass, with the Opposition keen to see amendments made so retailers don’t bear the costs of the payments themselves. 

Retail NZ's Carolyn Young says she think's it's unlikely the banks can be forced to absorb them. 

"If they can get the banks to absorb the fees, that would be a great outcome."

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