Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on hold

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 Tibshraeny explained the case further - and whether it sets a precedent. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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 See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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 were still operating after five years, compared with about half of independent small businesses. Franchise Association of New Zealand CEO Katrina King says business is tough for everyone in this climate, but some sectors have been able to hold on.  "I think with franchising, because of the breadth of industry and because it is in every part of New Zealand - there's going to be resilience."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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. HSBC Chief Economist Paul Bloxham explained further. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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. "It's important for us, and we get excited when we have big sales - and we always have a big birthday sale as well."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.