Phil Wicks: Small Business NZ Founder on the cost of businesses hiring the wrong staff

The cost of hiring the wrong person is racking up for employers, despite a large number of applicants.   New Seek data estimates small and medium sized businesses lose more than $900 million a year from bad hires.   Small Business NZ founder Phil Wicks told Francesca Rudkin the quality of applica…

Jenee Tibshraeny: NZ Herald Wellington business editor on ASB being ordered to pay $6.731 million for breaching anti-money laundering laws

The High Court has ordered ASB Bank to pay $6.731 million for breaching anti-money laundering laws. The penalty is the largest ever imposed by a New Zealand court under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. NZ Herald Wellington business editor Jenee T…

Jeremy Hutton: Milford Asset Management expert on the 'choppy' markets incoming for tech sector

Experts are warning investors to brace for a 'choppy' market in the tech sector. Some of the US's leading chip companies have been getting some extra attention on them, as the market looks set to change.  Milford Asset Management's Jeremy Hutton explained further. LISTEN ABOVE

Katrina King: Franchise Association of New Zealand CEO on what current economic conditions mean for businesses

Tough economic conditions over the past six years have taken a toll on the survival rate of small and medium-sized businesses, but franchises appear to have fared better. International data supplied by the Franchise Association of New Zealand (FANZ) indicates about 75 to 85 percent of franchises w…

Paul Bloxham: HSBC Chief Economist on Australian business confidence rising but staying low

New data shows Australian business confidence is on the up - but things are still gloomy across the Tasman. The survey from National Australia Bank showed its index ​of business conditions held at +3 in ​May, ending four months of losses. Confidence ⁠improved modestly to -14, from -23 in April. H…

Stephanie Tully: Jetstar CEO on the company celebrating 17 years in New Zealand

Amid the ongoing fuel crisis, Jetstar is celebrating a major milestone. The airline is celebrating 17 years of operating in New Zealand, and they see the nation as a solid growth market. Jetstar CEO Stephanie Tully says it's a big milestone, and the company's marked the occasion with a big sale. …

Peter Griffin: BusinessDesk tech columnist on Apple announcing an AI upgrade for Siri

Apple's announced digital assistant, Siri, is getting an upgrade - expected later this year - to become Siri AI.   The company is promising a better artificial intelligence experience for users.  With the help of Google, Siri will remember past conversations, have a more conversational tone, and …

Nadia Steedman: Front-Line Training chief operations officer on the launch of the 'Mini Woolies' supermarkets

Two new Woolworths stores have opened in the South Island, but you can't get the weekly shop done there.  The educational facilities in Dunedin and Invercargill are giving young people with disabilities training for jobs in a supermarket environment, creating 'launchpads' for future employment. F…

Andrew Fairgray: 2degreees Chief Business Officer on the new report saying the 'return to normal' narrative is no longer influencing business confidence

New research paints a gloomier picture for business leaders.   The latest 2degrees Shaping Business Report suggests optimism about post-pandemic recovery has fallen away.   It says leaders are now shifting from recovery mode to simply playing the hand they've got.  Chief Business Officer Andrew …

Shane Solly: Harbour Asset Management expert on what caused the latest drop in the US sharemarket

The US sharemarket took a hit last Friday, largely due to weakness in the information technology sector. The semiconductor sector was hit hard, and experts are unpacking the economic implications. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVE