The SME Stream

The National Party have announced their first election promise - a lift to default KiwiSaver contribution rates. 

The changes would mean that by the end of the implementation, savers would be able to contribute 12% to KiwiSaver, putting us on a level matching Australia's superannuation. 

Some experts say it'll lead to countless people opting out of KiwiSaver, with other investment methods providing more incentives.

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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. 

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There have been no signs of easing anxiety in the stock markets despite record Nvidia results. 

Investment director for Craigs Investment Partners Mark Lister told Heather du Plessis-Allan that the apprehension is a result of not wanting to overestimate the appropriate levels of optimism.

"It's more of a case of a healthy pullback, a healthy correction rather than something that's going to develop into anything more sinister," he said.

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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.

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.

A banking expert is picking apart National's 'piecemeal' Kiwisaver election pledge, saying it doesn't go far enough. 

The party's promising to lift default worker and employer KiwiSaver contributions to six percent by 2032 - matching Australia's 12 percent superannuation rate.

Employer contributions would increase by half a percent - but not until 2029.

Massey University banking expert Claire Matthews told Ryan Bridge that there's an issue if people think the rate's too high. 

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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.

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

This week, A reduction in tariffs for some exports to the US, but could it go further? Food prices are soaring with mince now leading the charge, and there’s been an increase in fines for breaches of the Fair Trading Act. Plus why relying on your home is no longer the best retirement plan.

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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.

In Leaders Getting Coffee episode 51, our guest is the founder of one of our most influential public relations firms, Deborah Pead.

Deborah was born in the UK, grew up in South Africa and moved to New Zealand with her young family in the mid 1990’s. She’s earned her resilience the hard way and has thrived despite a bomb blast at her employer’s flagship store, a gun held at her head, and a house fire that robbed her of family mementoes and possessions.

But this one woman force of nature shone through it all to build a new life for her family in New Zealand and an influential firm that specialised in creating brands and building reputations.

With a psychology degree in her toolkit, a young Deborah Pead stumbled into the PR business managing publicity for a suburban department store. Her impact was immediate and resulted in a move to head office where she continued to build her expertise and her influence. That influence eventually saw the establishment her own business in Johannesburg.

But the violence was getting closer, and with a husband and young children in tow, the decision was made to move to New Zealand.

On the Leaders Getting Coffee podcast with Bruce Cotterill, Deborah Pead is refreshingly open about what prompted the move and the challenges of starting over in a new country. But failure was never an option, and after several years establishing a PR arm for a well known advertising agency, she cut her ties and went out on her own once more.

The rest, as they say, is history. The big brands followed her, and she’s been influential in the creating and success of New Zealand Fashion Week, the New Zealand Music Awards (the Tuis), My Food Bag, 42 Below Vodka and even Xbox.

As if all that is not enough, there’s another chapter too. A family farm, 90 minutes drive north of Auckland, where something special is happening with the humane treatment of animals and premium angus beef.

Deborah Pead’s story is one of resilience, family bonds and professional success. You get the feeling there is more to come.

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.

In Leaders Getting Coffee episode 53, our guest is the former CEO of both Auckland International Airport and Spark New Zealand, Simon Moutter.

Simon Moutter is one of New Zealand’s best CEO’s of recent times, with a track record of growth and transformation that few can match.

As you listen to Simon tell his story, one of the things that strikes you is how logical every step seemed to be. He started his own business as a young man working within New Plymouth’s energy sector, but moved on to run power stations and eventually lead the power company he worked with.

But it was at Telecom, where he was to make his mark. As he describes it, stepping backwards to go forwards, he quickly rose up the ranks to become the COO in Theresa Gattung’s well established leadership team.

When Gattung departed, rather than push himself for the top job, he assisted the new CEO with the transition and left to run Auckland International Airport, a move that saw one of New Zealand’s most important infrastructural assets refocus around the needs of it’s wide-ranging customer base.

Four years later, he was back at Telecom, this time as CEO, and hatching a plan to reposition a company that was once one of New Zealand’s most loved and successful brands. Despite advice from business leaders and customers, he led the change to Spark New Zealand, a change designed to reflect the move to the digital age.

On the Leaders Getting Coffee podcast with Bruce Cotterill, Simon tells the stories behind those decisions in a way that provides countless lessons for everyone from young aspiring leaders to well established current executives.

And the story doesn’t stop there. When a newly installed Prime Minister called, Simon Moutter took his skills to the country’s housing provider as Chairman of Kainga Ora. And so the Moutter transformation machine keeps on rolling.

This is an inspiring and educational story about business, tough decisions, and how to be sure of turning those decisions into successful outcomes.

Make sure you have your notebook ready.

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.

Entrepreneur Cecilia Robinson has built some of New Zealand’s most successful companies in Au Pair Link, My Food Bag and Tend Health. She joins Paula to talk about the key attribute of a true leader, juggling business and family life, the heartbreak of fertility struggles, and why she’s pushing for a ban on social media for under-16s. 

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.

Chef, author and fisherman Al Brown joins Paula to talk food, family and finding joy in the simple things. Al discusses growing up on a farm, discovering his love of kitchens on his OE, and why he believes informality beats fine dining every time. He also opens up about dyslexia and the drive that’s pushed him through decades in hospitality, and the inspiration behind his new book Hooked! Learning to Fish.

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.

Richard Thompson, Air NZ CFO, joins us to discuss the headwinds facing our national carrier. With engine disruptions pushing costs skyward and grounding sections of the fleet, and up against a tough economy, Richard explains why he remains confident in Air NZ’s future.

Why are the new engines from Rolls-Royce lasting only a quarter of their normal maintenance cycle? How do unseen costs like extra inventory play into the engine crisis? How does a weak NZ dollar impact the cost of US parts and materials? And why has the airline chosen this troubled time to carry out a $100 million share buyback? 

Plus, how rising costs of entry—including pricey visas and a conservation levy—have become a "friction point" for our visitors.

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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.