Jeremy Hutton: Milford Asset Management on the 'financial wobbles' impacting the AI and chip sectors

Jenee Tibshraeny: NZ Herald Wellington business editor on the pay equity issues impacting the Government

Labour isn’t the only party faced with a funding challenge related to the country’s pay equity regime. The three pay equity claims in the works relate to people who work for organisations partially funded by the Government - Plunket, Hospice and Bupa Aged Care. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Jeremy Hutton: Milford Asset Management on the 'financial wobbles' impacting the AI and chip sectors

There's been some flare-ups in the AI and chip sectors and experts have raised concerns. There's been drops on the Nasdaq and S&P 500, and investors are questioning the huge amount of spend on AI. Milford Asset Management's Jeremy Hutton explained further. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Winston Peters: NZ First leader calls for overseas tech giants to pay more taxes

NZ First leader Winston Peters wants overseas tech giants to pay more tax - as Government agencies send millions offshore. Stuff reports public service departments spent $18 million dollars on advertising with offshore tech companies last year, mainly Google and Meta.  Peters says the Government needs to revisit the idea of hitting major tech firms with targeted taxes.  "Other countries are looking at the heart of this as well, including the European Union, including countries like France, we should be part of the process and trying to get ourselves on board, even when we can apply it."   LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Paul Bloxham: HSBC Chief Economist on GDP rising 0.8 percent for the March quarter

The latest GDP figures may not reflect the reality many businesses are facing right here, right now. GDP rose 0.8 percent in the March quarter - the third consecutive quarter of growth. HSBC Chief Economist Paul Bloxham outlined some predictions about the future, especially with the ongoing Middle East conflict. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Michael Gordon: Westpac senior economist on the Westpac-McDermott Miller Employment Confidence Index dropping to lowest level since 2004

Confidence in the employment market is at an all-time low, with the Iran war still rippling through the economy. A Westpac-McDermott Miller survey for the June quarter reveals confidence fell for public and private sector employees.  A net 60 percent of respondents believe it's hard to find a job, up from 46 percent last quarter. Westpac senior economist Michael Gordon says employment confidence has been weak over the past five years, and this data represents another step backwards. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.