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  • Sam Dickie: Fisher Funds expert on Nvidia's third-quarter earnings surpassing expectations
    2024/11/21

    Nvidia's reported third-quarter earnings have surpassed expectations - and left the chip maker feeling optimistic about its future.

    The company's earnings delivered a better-than-expected forecast for the next quarter.

    Fisher Funds expert Sam Dickie explained further.

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    5 分
  • Liam Dann: NZ Herald business editor at large ahead of the Reserve Bank's final meeting of the year
    2024/11/21

    The Reserve Bank is set to meet for the last time this year to review the Official Cash Rate.

    Economists predict a cut will come - but it's unclear if the Bank will cut as high as 75 percent.

    NZ Herald business editor at large Liam Dann unpacks the odds.

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    3 分
  • Catherine McGrath: Westpac chief executive defends tough emissions targets for Kiwi farmers
    2024/11/21

    Westpac has been accused of hypocrisy over punishing Kiwi farmers for their emissions while investing in fossil fuels.

    Westpac is among the major banks that introduced emissions reduction targets for farmers - including reducing the emissions intensity of the dairy farms it finances in Australia and New Zealand.

    However, these targets translate into Westpac Australia allowing Australian dairy farmers to continue producing more CO2-equivalent emissions per tonne of milk than New Zealand dairy farmers.

    Chief executive Catherine McGrath says Kiwi dairy farmers start at a better level than their Australian counterparts.

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    8 分
  • Ganesh Nana: former Productivity Commission Chair on the open letter saying Government policies are dragging out recession
    2024/11/21

    Experts are warning the Government's policies designed to reduce the deficit and bring down inflation are worsening the impact of the recession on households and businesses.

    Former Productivity Commission Chair Ganesh Nana has led group of 15 economists who've written to the Prime Minister claiming spending cuts are harming the economy.

    Nana explained that fiscal policy should not be targeting inflation.

    "We want fiscal policies to do other things, which is to focus on that external debt that seems to be being ignored by many."

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    3 分
  • Deborah Lambie: Milford Asset Management analyst on the rising popularity of robotic-assisted surgery
    2024/11/20

    More and more surgical procedures around the world are being carried out by trained robots.

    The latest field to benefit from the use of robotic technology is orthopaedic surgery - an area with plenty of room for growth as the population ages.

    Milford Asset Management analyst Deborah Lambie explains further.

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    4 分
  • Jenee Tibshraeny: NZ Herald Wellington business editor on the latest feud between the Reserve Bank and the banks
    2024/11/20

    A senior Reserve Bank official has taken aim at the big banks and accused them of stifling innovation and competition by underinvesting in technology.

    Addressing delegates at a Payments NZ conference on Tuesday, the banking regulator’s director of money and cash, Ian Woolford, claimed there was a role for better regulation to push banks to keep up with their peers overseas.

    But the banks have pushed back - with Westpac head Catherine McGrath saying regulations were holding the banks back.

    NZ Herald Wellington business editor Jenee Tibshraeny unpacks the regulations impacting the banks.

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    5 分
  • Joe Gallagher: E tū negotiations specialist on Kinleith Mill halting paper production and putting jobs on the line
    2024/11/20

    There's concern for hundreds of Kiwi workers as one of New Zealand's biggest pulp and paper mills looks to halt production.

    Tokoroa's Kinleith Mill plans to halt paper processing by June 2025 - with 230 jobs on the line.

    E tū negotiations specialist Joe Gallagher says these jobs cuts will have a ripple effect that impacts the rest of Tokoroa.

    "Tokoroa was born out of the fact that a lot of people migrated to the area to work at Kinleith - a lot of people rely on Kinleith. 230 jobs is not insignificant and that's not counting the downstream of people in cafes, doctors, nurses and all those other jobs.

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    3 分
  • Enda Brady: UK correspondent on Sir Keir Starmer's meeting with Xi Jinping
    2024/11/19

    Sir Keir Starmer is hopeful the UK's relationship with China will be strengthened off the back of his meeting with Xi Jinping.

    The pair met at the G20 summit - the first time a UK Prime Minister has met with the Chinese President since 2018.

    UK correspondent Enda Brady says Starmer's a pragmatist - and will be hoping to strengthen the business relationship between both nations.

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    4 分