State-owned bank in New Zealand
POPULARITY
Overall employment's held steady - but the hours people work have notably contracted. In figures out today, the unemployment rate remained unchanged at 5.1 percent in the three months ending March. But total hours worked are down three percent over the year. Kiwibank chief economist Jarrod Kerr says numbers of part time workers are rising, with those working full-time falling. "Businesses are clearly cutting hours to reduce costs and fight their way through what's quite an awkward period, and that's weighing on households." LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 7 May 2025, good news on the unemployment front... things have not gotten worse. Kiwibank's Jarrod Kerr tells Heather there's still a good case for more interest rate cuts. Underhand, sneaky and cowardly - Heather doesn't hold back when it comes to telling you what she thinks of the Government ramming through changes to the pay equity system under urgency. Sportswriter Gregor Paul explains why he thinks we should scrap post-match interviews with sportsplayers for fear of them swearing. Plus, the Huddle debates whether we should take Donald Trump seriously when he talks about making Canada a part of the US - or should we just accept he's joking and move on? Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Kiwibank is predicting unemployment will rise to its highest level in almost a decade when the latest labour market data is released. Kiwibank chief economist Jarrod Kerr spoke to Ingrid Hipkiss.
Zuru Toys co-founder Nick Mowbray speaks on the impacts of United States tariffs on China. He said businesses were “in a holding pattern” as they grappled with the uncertainty of changeable policy. US President Donald Trump announced sweeping tariffs on April 2. Kiwi billionaire Nick Mowbray says “it's hard to say we're not worried” about US President Donald Trump's tariffs and his administration's “chaotic” policy decisions. “We'll ship about $2 billion worth of goods to the US this year. So, at that run rate, that makes our tariffs worth about $3 billion at the moment.” Speaking from Los Angeles this morning (New Zealand time), the toy mogul said it was difficult to read the mood on the ground there. New Zealand businessman Nick Mowbray could not say he wasn't worried about the impact of tariffs. Photo / Alex Burton The co-founder of Zuru Toys told Newstalk ZB's Mike Hosking Breakfast it was impossible to plan around the tariffs. He also said it would be “obviously impossible” to shift manufacturing of his products from China to the United States to skirt the 145% tariff rate. His business, along with retailers, were “in a holding pattern”. “It's hard to say we're not worried. Everything seems to change each day. We're in a state of stopping everything at the moment because it's impossible to plan,” said Mowbray. “We're all hoping it doesn't continue for very long, but the [US] administration is definitely very chaotic.” He believed it was possible the tariffs would ultimately be negotiated down. Trump announced huge tariffs on different countries on April 2. In a whiplash change of tune a week later, he said all targeted countries but China would face a 10% rate for 90 days. Photo /The New York Times The $3b worth of tariffs his company would have to pay would be passed on to consumers in significant price increases. Mowbray said he was in the US, at his office, trying to work through the impact of the tariffs. The US has become Zuru's main export market, supplying the likes of Walmart, Target, Costco and Amazon. An escalating trade war ensued after the US imposed tariffs on China, seeing Beijing put in a retaliatory 125% rate on US imports. Trump announced huge tariffs on different countries on April 2. In a whiplash change of tune a week later, he said all targeted countries but China would face a 10% rate for 90 days. The trade war has created fears of an economic downturn as the dollar drops and investors part with US government bonds, normally considered a safe investment, Agence France-Presse reported. The impact on New Zealand remains uncertain. Kiwibank economists have outlined three possible scenarios for the country: Quick negotiations of tariff deals and little relative economic damage, longer dealmaking and prolonged economic insecurity, and the least likely scenario, recession. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Donald Trump's bigger-and-stupider-than-expected tariffs have upended the global trading system and are threatening to create a new financial crisis. Bernard Hickey talks with Kiwibank chief economist Jarrod Kerr about the latest day “when the facts changed”, and what might happen next. Learn more about your ad choices. Visit megaphone.fm/adchoices
Shopping habits have shifted - cheap goods were up by 33% last year, which is more than double across 5 years. Kiwibank says spending on websites like Temu and Shine have stabilised at a high level. First Retail Group Managing Director Chris Wilkinson says price is the biggest driver for people deciding where to spend their money. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
If New Zealand's economy was a grass paddock, it would be in pretty rough shape. We're coming out of a pretty bad drought (economic recession) and there's widespread political disagreement about how to get our worn-out field of brown grass back to the lush green pasture it once was. Bernard Hickey speaks to Kiwibank economist Sabrina Delgado about what looks promising (green shoots) and what looks worrying (brown roots) in the meadow of our national economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our next guest is someone with an incredible story of how farming turned his life around. Ben Purua is a finalist for Kiwibank's Young New Zealander of the Year.
Patriotism or profit. Essentially, that's what these changes the Government is making to the way it hires companies to do work for it come down to. It's like “Buy NZ-Made”. The Government wants to make it easier for local companies to get on its books. But what's more important? Getting the cheapest price from (potentially) an overseas company or paying a bit more to hire a local company? Patriotism versus profit. For me, when it comes to things like government contracts, patriotism wins hands-down every day. It's like that argument people sometimes make about Kiwibank and why the Government doesn't use it as its official bank. The answer to that is simple - the government can't shop locally when it comes to its bank, because Kiwibank doesn't provide the full-scale banking services that it needs. But it wants to buy locally more, and that is a good thing – even if it means paying a bit more for it. It is kind of weird though that —on the one hand— we've got the Government bringing all these foreign outfits to the big investment summit tomorrow and Friday. But today, it's saying that it wants to give local businesses a leg-up or make it easier for local companies to get government contracts, by making changes to the hoops businesses have to jump through to get them. Nicola Willis kind of explained-away the weirdness on Newstalk ZB this morning, saying that she wants overseas companies coming here to invest, hire locals, and grow the local economy. So, what that would look like is we'd have a big foreign outfit coming over to build a motorway or some other piece of big infrastructure, and they'd have a whole lot of sub-contracts with local companies like Fulton Hogan and all the other usual suspects. But what I'm hoping these changes will mean is that we'll see less of the usual suspects getting government contracts and the others —that probably feel on the outer a bit— getting their share of the work too. If you've ever put a bid in for work with the government —like I have, in a previous life— you'll know that some of the hoops you need to jump through are ridiculous. In fact, my impression has been that if you're already in the system, you're sweet – if not, then the hoops can be enough to make you pull the plug. Which is why the Government plans to ditch 24 of those hoops. Big picture, it wants to prioritise hiring local outfits. It also wants to ditch some of the requirements that companies have to agree to, to get government contracts. Which are worth more than $50 billion a year. One of the proposed changes is doing away with the requirement that companies providing catering, cleaning, and security staff pay their workers the living wage. That's one of the changes that I'm a bit torn on – because governments bang-on all the time about wanting to create a high-wage economy. And while the living wage isn't a high wage (it's currently $27.80 an hour), it's better than the minimum wage. But a company that gets work with the Government probably does work for other people too and has staff working on other things other than the government work. So, the requirement to pay a living wage probably has quite a significant impact across the whole business and is probably enough to put some smaller businesses off going for government contracts. You can tell that Nicola Willis is taking to her new-ish job as Minister for Economic Growth, because one factor she wants the government to consider when awarding contracts is what's called “the economic benefit test”. So government agencies will look at contract bids and base their decision on who to go with based on the economic benefit to New Zealand. So it would sign a potentially more expensive contract with a local company because it would deliver more economic benefit to the country. More local workers getting work, more work for local subbies and the profits staying in New Zealand. As opposed to a cheaper contract with a foreign outfit that might bring its own workers into the country and take its profits overseas. I'd choose patriotism over profit, any day. See omnystudio.com/listener for privacy information.
In this episode we sit down with Kiwibank's Chief Economist, Jarrod Kerr, to unpack “Trumpnomics” and its ripple effects on global markets, trade, and New Zealand's economy. From tariffs and inflation to AI and government debt, we explore how shifting economic and political landscapes could shape the future for investors and businesses alike.Next Steps:Navigating an uncertain economy requires staying informed and thinking long-term. From trade tensions to tech shifts, smart investors adapt to both risks and opportunities.For expert financial guidance, contact Lighthouse Wealth today.Want more insights? Check out these episodes:OCR PredictionsWhat Trump Tariffs Mean For NZ For more money tips follow us on:FacebookInstagramThe content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions
Adrian Orr resigned as Reserve Bank Governor this week after 7 years in the job, but three years early, effective immediately and without explanation. Bernard Hickey talks in an emergency edition of When The Facts Change with NZ Initiative executive director Oliver Hartwich, an Orr critic, about his legacy and how his replacement should change the bank, and with Kiwibank chief economist Jarrod Kerr about Orr's operation of monetary policy. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Kiwibank Chief Economist Jarrod Kerr breaks down NZ's economy, interest rates, and housing market. Are we on the road to recovery, or is more pain ahead? Plus, how U.S. inflation and Trump could shake things up. Expert insights, market moves, and what it all means for you.More market insights & financial strategies:Preparing for what's ahead? Lighthouse Financial can guide you through interest rates, housing, and investments. Want more insights? Check out these episodes:OCR PredictionsWhat Trump Tariffs Mean For NZ For more money tips follow us on:FacebookInstagramThe content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions
Send us a question/idea/opinion direct via text message!In this episode of the New Zealand Property Market podcast, Nick Goodall interviews Nicole Pervan, GM of Home Lending at Kiwibank, in celebration of International Women's Day 2025. They discuss Nicole's personal and professional journey, the challenges women face in the workplace, and the importance of financial literacy and home ownership. Nicole shares insights on leadership development at Kiwibank, the attributes of effective leaders, and offers advice for young leaders. The conversation emphasises the significance of International Women's Day and the need for deliberate action to support gender equality in the workplace.Sign up for news and insights or contact on LinkedIn, Twitter @NickGoodall_CL or @KDavidson_CL and email nick.goodall@corelogic.co.nz or kelvin.davidson@corelogic.co.nz
Even as New Zealand's economy was in the depths of a recession, the Reserve Bank kept a firm grip on monetary policy, only easing up in mid-2024. This week, Bernard Hickey sits down with Kiwibank chief economist Jarrod Kerr to discuss whether the Reserve Bank should be hitting the accelerator now, rather than simply lifting its foot off the brake. Learn more about your ad choices. Visit megaphone.fm/adchoices
Retail spending figures from shops, cafes, restaurants, hotels and holiday hotspots over December and January are the ultimate barometer for spending appetites, income levels and general confidence in job security. Kiwibank senior economist Mary Jo Vergara joins Bernard Hickey to discuss a note she published this week, diving in to the latest spending data collected over the summer break. How relaxed were Kiwi with their holiday spending money? What are the experts predicting for 2025? Listen in to find out. Learn more about your ad choices. Visit megaphone.fm/adchoices
New spending data out from Kiwibank shows things were tougher than usual for retailers over summer. Money correspondent Susan Edmunds spoke to Ingrid Hipkiss.
Kiwibank says the latest unemployment figures are ugly, but in line with expectations. The unemployment rate rose to 5.1 percent in the December quarter - the highest it's been since September 2020. It's being blamed on a slow economy reducing demand and making employers trim jobs. Chief economist Jarrod Kerr says the Reserve Bank needs to do more to put New Zealand into recovery mode. "Interest rates are still restrictive - they're restraining households, they're restraining businesses, we're seeing it in the labour market, it's time to take some of that pressure off." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Last June the economists at Kiwibank published an article titled “Survive ‘til 25”, outlining what they saw as a tough six months ahead for our economy. Well we've made it to 2025, but is the economic year ahead going to be about surviving or thriving? Kiwibank economist Sabrina Delgado joins Bernard Hickey to try and find out. Learn more about your ad choices. Visit megaphone.fm/adchoices
The latest inflation rate is giving confidence to cut interest rates. Stats NZ figures show the inflation rate for the year to December hasn't changed, sticking at 2.2%, well within the Reserve Bank's target band. Kiwibank Chief Executive Steve Jurkovich told Ryan Bridge their two-year mortgage rate is expected to come down half a percent over the next few months. He says it'll vary by term, but he thinks we will see rates around 5%. LISTEN ABOVE See omnystudio.com/listener for privacy information.
This week's inflation data will set the economic tone for the new year, but experts are hoping the final months of 2024 brought positive results. The latest inflation results from the December quarter will be out this Wednesday, and there's hope enough steam has been let out of the economy. Kiwibank Chief Economist Jarrod Kerr explains what we can expect. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Dive into 2024's top property insights with Sam Stubbs, Founder of Simplicity, Jarrod Kerr, Chief Economist at Kiwibank, Matt Harris, Managing Director of Lighthouse Financial and James Kellow, Director of NZMS. From expert strategies on navigating the housing market to securing investments and building wealth, these highlights are packed with actionable advice to help both seasoned investors and first-time buyers thrive in real estate. This episode is proudly sponsored by Partners Life. For more money tips follow us on: Facebook Instagram LinkedIn TikTok YouTube The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
In this episode, we highlight some of the top share market and economic insights of 2024, featuring expert guests Jarrod Kerr, Chief Economist at Kiwibank, Sam Stubbs, Founder of Simplicity, Dean Anderson, Founder of Kernel, and Murray Harris, Head of KiwiSaver at Milford. From share market trends to KiwiSaver strategies and investment tips, these top insights will help guide your financial decisions in 2025 and beyond. This episode is proudly sponsored by Partners Life. For more money tips follow us on: Facebook Instagram LinkedIn TikTok YouTube The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
Kiwibank senior economist Mary Jo Vergara has dug through card-spending data to find out how retail spending has changed since Covid, and over the last year of high interest rates. Have we collectively tightened the purse strings in response to a cost-of-living crisis? Or are we taking advantage of online shopping payment options that have never been more convenient? Listen in to find out. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ferry debacle, what a way to finish the year! The big four trade banks are being told to become more competitive while Kiwibank'sto get a $500 million cash injection. Greyhound racing gets the chop by Winston the dog lover. Opinion polls out this week, ACT the big winner in the Curia poll. The Māori Party leadership and the Haka leader sent to the Privileges committee along with Labour's Tau Henare. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
The latest card spending data from November indicates Kiwis are keeping their expenses down for another month. Kiwibank reports claim the value of spending dropped 2.5 percent in November and new ANZ data shows a drop of 1.2 percent year on year. Infometrics Principal Economist Brad Olsen says there's hope for the economy - as we're seeing early green shoots ahead of the Christmas season. LISTEN ABOVESee omnystudio.com/listener for privacy information.
New Zealand Herald's deputy political editor Thomas Coughlan is here to talk ferries, fast track legislation and privatising Kiwibank.
The Government has pledged to power up Kiwibank to take on its Australian competitiors - seeking a half billion dollar injection from local investors. It comes after a Commerce Commission's investigation and report in August, which called out a lack of competition in the sector - dominated by the big four Australian banks. Deputy political editor Craig McCulloch spoke to Lisa Owen.
On today's episode, the government is promising a swathe of changes to bolster Kiwibank and bring about more competition in the banking sector, emergency teams have been sent to Saydnaya prison, searching for survivors potentially detained in its notorious hidden underground cells, a man is in police custody in relation to the killing of a health insurance boss in New York last week, the Commerce Commission has announced it will be filing criminal charges against Woolworths New Zealand, Pak'nSave Silverdale, and Pak'nSave Mill Street, and the Education Review Office says schools should not be required to consult parents about the content of relationships and sexuality lessons.
The government is promising to inject more capital into Kiwibank to increase competition in the sector. Finance Minister Nicola Willis spoke to Corin Dann.
The government is promising a swathe of changes to bolster Kiwibank and bring about more competition in the banking sector. Prime Minister Christopher Luxon spoke to Ingrid Hipkiss.
Yesterday a long running court case came to an end – at least for now. BNZ has won permission to shut down Gloriavale's bank accounts. Now I actually feel quite uncomfortable about this. I'm no fan of Gloriavale – I'd like to see the place close and the people there realise how weird their situation is. So I should, on the face of it, like what BNZ is doing because it will effectively, probably, shut down Gloriavale. Because without a bank, how can Gloriavale continue? No one else will bank them – they've tried, no other bank will take them. This is why they took the court case, to try to force BNZ to keep their bank accounts open, because without it, they basically can't do business anymore. They can't do anything really, because in a modern world you can't survive without a bank account. It's how you get paid, how you pay your power bills, how you get a mortgage to buy a house, how you order things from overseas. But I still don't think this is the right thing, because of the precedent this sets. Banks can shut your account if they don't like what you're doing —doesn't have to be criminal— and there's too much of this moral policing already. Australian banks here are imposing penalties on our dairy farmers who they don't think are cutting emissions by enough. Kiwibank's pledged to stop banking coal mining businesses. BNZ won't let a couple of women running a sex toy shop open bank accounts because they sell sex toys. There is a massive debunking scandal playing out in the US where even Melania Trump reckons her account was shut down after the Jan 6th riots. And to be fair to banks, it's not as if this is new. Remember they wouldn't let women take out mortgages unless a male relative said it was okay as recently as the 1980s. I get that it's a bank's right to stop doing business with whoever it wants to, I just don't like the bank's reason. Because if it's Gloriavale today, a couple of girls selling sex toys tomorrow, who comes next? See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Tuesday 10th of December, Heather du Plessis-Allan is running the show and is joined by an investment banker to see whether the Government's intentions for Kiwibank will make it competitive with the bigger banks. The Prime Minister talks Kiwibank, what the ferry announcement will, or won't, be and whether the polls show he's out of touch with National voters. Kiwi singer Cassie Henderson has just wrapped up her headlining tour and joins Heather to talk her new EP ahead of the festival season. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
An investment banker says the most sensible thing for Kiwibank to do is join the banking oligopoly. A Commerce Commission report on banking found the sector isn't competitive enough, as it's being dominated by the big four Australian players. The Government's announced its intentions to find investors to deliver Kiwibank up to $500 million dollars to drive competition. Financial markets expert Andrew Body told Heather du Plessis-Allan he doesn't think it'll become a disruptor. He says that Kiwibank has been around for 23-odd years, and hasn't been a maverick in that time. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The Government's helping boost competition in banking by bolstering Kiwibank. The Commerce Commission recently painted the banking landscape as an oligopoly in a review - pointing to the domination by the big four Australian players. Today, Prime Minister Chris Luxon's announced he wants to implement all its 14 recommendations and disrupt the status quo. Newstalk ZB senior political correspondent Barry Soper says this boost won't make Kiwibank an equal to the big four in Australia - but a cash boost is good for consumers. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Government's beefing up Kiwibank - at the request of the Commerce Commission. Its report on banking has found the sector isn't competitive enough, and offered up 14 recommendations. Simplicity co-founder Sam Stubbs says the banks would be foolish to ignore Government warnings. He says the Prime Minister's telling the banks - the game is up. "Remember, the only person that can seriously do damage to the big banks in New Zealand is the Government, because they've got regulation powers." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Government is taking action and giving Kiwibank a financial boost in order to bolster banking competition. A new Commerce Commission report on banking has found the sector isn't competitive enough - and offered up14 recommendations. Harbour Asset Management spokesperson Shane Solly says this is an important step - and signals key changes to come. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Tonight on The Huddle, Trish Sherson from Sherson Willis PR and Josie Pagani from Child Fund joined in on a discussion about the following issues of the day - and more! The Government plans to inject more capital into Kiwibank in a bid to beef up competition among the banks off the back of a new Commerce Commission report. Will this work? Two new polls out tonight - and they're not looking too great for National or Labour. How can they turn their luck around? Businesses across Auckland have hit out at Auckland Transport over their 'bus to the mall' Christmas campaign. Is this a bad look for AT? LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 9 December 2024, Finance Minister Nicola Willis announces how she'll inject $500 million into Kiwibank to boost banking competition. Former US ambassador to Syria Robert Ford speaks about the latest situation in Syria after Assad's fled to Russia. Plus, The Huddle debates whether AT has lost all its marbles after telling people to catch the bus to the mall. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
New research from KiwiBank found that 1 in 3 first home buyers in New Zealand got a boost from the Bank of Mum and Dad. With the cost of living and interest rates in the current day, it may seem impossible for most parents to be able to do this the old-fashioned way - cold hard cash. But there is a way around it. Property investor Nichole Lewis joins with more. LISTEN ABOVESee omnystudio.com/listener for privacy information.
One in three first home buyers in New Zealand have received financial help from the Bank of Mum and Dad, new reports claim. A Kiwibank study has found high property prices are keeping young people out of the market - meaning more Gen Z and millennial buyers have turned to parental support to get on the ladder. Lesley Harris from the First Home Buyers Club says the Bank of Mum and Dad remains the nation's biggest lender for young buyers. "We're seeing such a massive disparity between people's incomes and ability to purchase a home, which is completely different to what it was 20 or 30 years ago." LISTEN ABOVESee omnystudio.com/listener for privacy information.
In 2022, Reserve Bank governor Adrian Orr told Christmas shoppers to “cool your jets”, as the bank scrambled to control inflation by hiking interest rates. This week - now inflation has been beaten back down - he delivered another whopper 50-basis point rate cut in the RBNZ's latest monetary policy statement. Kiwibank chief economist Jarrod Kerr joins Bernard Hickey to discuss the governor's gradual transformation from OCR grinch to Father Christmas, and how many more rate cuts we can expect to see in the new year. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Prime Minister believes a major Commonwealth diplomatic summit does have a future, with certain priorities. Christopher Luxon joined his Commonwealth counterparts for the Commonwealth Heads of Government Meeting, held this year in Samoa. King Charles and Queen Camilla also attended. Christopher Luxon told Mike Hosking it was a good opportunity to meet leaders from the Caribbean and Africa who he doesn't see as often and build some relationships with them. He says it has to be focused back on development and democracy, building the capacity of public services in developing states, and getting rid of corruption. When it comes to Kiwibank, the Prime Minister says it needs to be fired up as the maverick in the banking sector. Treasury's advised ministers of three options to boost Kiwibank's capital to better compete with the Australian-owned banks. They include borrowing money for Crown investment, third party investment, or an Initial Public Offering on the share market. It comes after the Commerce Commission market study on personal banking. Luxon told Hosking he hasn't seen the advice, so doesn't yet have a view on the best option. He says one of the options is the stock exchange, and they could also seek Super Funds or other funds to invest. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Treasury's advised the Government of three options to boost Kiwibank's capital to better compete with the Australian-owned banks. They include borrowing money for Crown investment, third party investment, or an Initial Public Offering on the share market. It comes in response to the Commerce Commission market study on personal banking. Massey University Business School associate professor Claire Matthews told Mike Hosking if Kiwibank is bigger, it can operate at a similar level to the other big banks. But, she says, whether it actually makes a real difference in how the sector operates won't be known unless it happens. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Monday 29th of October, we do a deep dive into the health spending figures with Minister Shane Reti. The Prime Minister talks meeting the King at CHOGM, the plans for Kiwibank, and whether we should let Singapore invest in our infrastructure. After a long weekend of sport Andrew Saville and Guy Heveldt talk F1, the Black Caps, Silver Ferns, Auckland FC, and much, much more. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The animal spirits of the economy are stirring back to life after a whopper of an interest rate cut - with expectations of one more to come. Bernard Hickey talks with Kiwibank chief economist Jarrod Kerr about how businesses are feeling heading into the Christmas sales season, and what might upset the metaphorical applecart. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we explore the potential risks facing New Zealand's economy. We also dive into the challenges businesses face in navigating costs, redundancies, and positioning themselves for future growth opportunities. This episode is proudly sponsored by Partners Life. For more money tips follow us on: Facebook Instagram LinkedIn TikTok YouTube The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
We're joined once again by Kiwibank Chief Economist Jarrod Kerr to discuss the latest CPI and inflation data, offering insights into how these shifts are shaping New Zealand's economic future. This episode is proudly sponsored by Partners Life. For more money tips follow us on: Facebook Instagram LinkedIn TikTok YouTube The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
Farmers are calling for Kiwibank to enter the rural lending market to boost competition and improve loan options.
The average ranking of Australian universities declined by five places on the Times Higher Education World University Rankings. SBS Finance Editor Ricardo Gonçalves speaks with Angel Calderon from the QS Global Rankings Advisory Board to find out why and what that means for the economy, plus Niv Dagan from PEAK Asset Management on the day's sharemarket moves, while Rhayna Bosch discusses the RBNZ's huge rate cut with Jarrod Kerr from Kiwibank.
Kiwibank's chief executive Steve Jurkovich says the home-grown bank can provide real competition to the big four.