The SME Stream

The Finance Minister says it's still too early to say whether we're seeing the beginning of the end of the fuel crisis. 

Prices have already fallen significantly since the US-Iran peace deal was announced. 

Traders on prediction market Kalshi are now picking the Strait of Hormuz to reopen and be fully back to normal by August. 

But Nicola Willis told Mike Hosking while the deal is clearly good news, she's waiting to see how the situation develops. 

She says it's still fragile and we've had breakthroughs in the past only to go backwards, so she's not counting her chickens just yet. 

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Forsyth Barr Investment Strategist Zoe Wallis takes a look at the week ahead for the global markets, Monday 15 June. 

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Auckland's Q Theatre has announced support with venue and crew cost cover for 9 productions, to build a pipeline of future stage successes.

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New Zealand needs major investment in clean energy and long-term infrastructure as it looks to decarbonise. Business Commentator Fran O’Sullivan. 

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Shares in Elon Musk's SpaceX jumped as much as 30% during trading on debut after the biggest IPO in history. Shane Solly Harbour Asset Management. 

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The US and Iran have agreed to a peace deal, and the news has brought some hope into the economy.

Oil prices have fallen about 4 percent since the countries announced an agreement to halt hostilities.

Brent crude is now trading at US$84 ($143) a barrel, off the back of a similar drop in prices on Friday.

Shane Solly from Harbour Asset Management unpacked the market reactions.

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An economist says it won't be long until 91 petrol is consistently back down at $2.80.

The US and Iran peace agreement to cease hostilities and reopen the Strait of Hormuz is sending positive signals for the global oil industry. 

Westpac chief economist Kelly Eckhold says prices will stay low, once ships are moving normally. 

"We know that there's pretty low inventories out there around the world at the moment, so we need that supply chain to be working at full tilt for a while so that all of those things can get replenished."

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Business media has been awash with articles trying to puzzle out a fair valuation for something that the market now prices at 2.1 trillion US dollars.

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Earlier this year, a Christchurch businessman was found borrowing millions of dollars against his family trusts for his clothing company - racking up a $3-million dollar spend.

His sister prompted legal action, and two homes had to be sold as collateral.

But that brings up a question - what can we leave behind for our children and family that won't just be squandered or swindled?

Trusts and inheritance is a something most families will have to deal with when older-relatives pass, so how assured can we be that assets are protected?

Managing Director for New Zealand Family Trust Servicers, Janet Xuccoa joins Tim Beveridge for Smart Money...

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SpaceX has gone public in the biggest IPO in history, with OpenAI and Anthropic expected to follow.

Together, the three companies could be worth more than US$3 trillion. So are they the investment opportunity of a lifetime, or the next great tech bubble?

Fisher Funds portfolio manager Sam Dickie joins Nadine Higgins to break down the hype, the risks and what investors need to know.

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