The SME Stream

No regrets from National's Leader, as he backs down on new taxes this election.

It's a sudden switch up from recent weeks with the National party discussing both a bed tax and bank tax as potential prospects. 

Christopher Luxon says the party's unable to deliver either without creating cost for New Zealanders. 

He told Mike Hosking that he stands by that decision, saying 'no new taxes, no new levies, that's our position going in to the election'.

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Labour's confident stagnant property prices won't hurt its plans to slash debt if re-elected.

The party's seeking to return to surplus by the end of the decade and lower net debt to 20% of GDP over time. 

Its plans hinge on a fully implemented Capital Gains Tax.

Labour Leader Chris Hipkins told Mike Hosking that it's not expected the sliding property market will continue.

He says even the current government's budgeting for property prices to return to a long term average growth of around three percent.

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Datagrid's Benjamin Black says Southland can become a major AI hub, as the company tackles concerns over data centre power and water use

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S&P Global’s Anu Ganti on the broadening US market rally, AI’s next phase and what market shifts mean for investors.

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Peter Griffin from the Business of Tech podcast has been comparing policy.

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SpaceX's record as the largest IPO in history is about to be broken by one of the emerging AI giants.

Anthropic's business is expanding and it's projecting a 2028 revenue of ‌roughly $190 billion to $200 billion.

Fisher Funds expert Sam Dickie explained further.

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US Treasury doubles long bond buyback programme to US$4b, curbing a hike in the cost of debt - for now.

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Kiwibank says the banking sector's becoming fiercely competitive. 

The Crown-owned bank has reported a 9% drop in annual profit. 

Its net interest margin —a key metric of profitability— has dropped to 2.1%. 

Chief Executive Steve Jurkovich told Mike Hosking the margin has dropped from about 2.4% a few years ago. 

He says wholesale rates have increased, and the advisor market has given consumers more price transparency. 

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Amazon, Alphabet, Meta and Oracle have together issued more than $US200b in corporate debt this year.

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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, The great Auckland bridge debate reignites, inflation is falling but don’t expect that to stop more OCR hikes, and we’re swiping, tapping and buying more but is that enough reprieve for retailers?

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