[VIDEO EPISODE ON YOUTUBE & SPOTIFY]PrimerAI founder Sean Gourley was behind the Pentagon’s Project Maven. Now, he’s investing in the next wartime technology frontier - drones.

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Stock exchange operator NZX chief executive Mark Peterson has resigned from the role - and will step down at the end of April 2026.

Peterson explained that the time was right for him to stand down and for the board to look for a new chief executive.

He says he's overseen plenty of challenges and successes in the role over the last few years.

"You've got to make these tough calls - but we've also, at the same time, got to a period in the exchange where we've ticked off a bunch of expectations and objectives...really, it's the right time."

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina Shrimpton each week as she gives you a rundown of the biggest stories that could impact on your business, so you can make informed decisions with expert advice.

This week, Inflation has crept up again so what will that mean for interest rates? After a tough period, there’s optimism from retailers, and calls for more business support around AI. Plus .. how to make the cloud work for your business, and a really inspiring chat with the women behind Two Raw Sisters.

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With Big Tech hyperscalers investing billions in local data centres and the Government taking a cloud-first stand, the migration of our data and applications to cloud platforms is in full swing.

But as David Reiss, my guest on this week’s episode of The Business of Tech, told me that moving to the cloud isn’t necessarily the panacea if you are looking to lower the ongoing costs of running your IT systems.

The co-CEO of 30-year-old tech services firm, Equinox IT, says costs can escalate quickly in the cloud without the controls and culture in place.

“Most organisations we talk to now are in the cloud,” Reiss said, “but they are suffering some of those problems due to the fact that they kind of evolved into it rather than necessarily having it being initially a strategic objective.”

Cloud “bill shock” is an increasing reality, not just in New Zealand but globally.

“There has definitely been a lot of higher [spending] than was expected. Some of the cloud pricing models appear very opaque, they appear very confusing, and it can be very difficult to figure out what is costing you money in the cloud environment if it’s not set up well to begin with,” Reiss said.

So what's the answer? a cultural change in our organisations where IT departments and business teams get on the same page about what they need to do in the cloud - and plan accordingly.

Listen to the full episode of The Business of Tech, powered by 2degrees Business, for a candid discussion of cloud realities, the human factors shaping IT outcomes, and how businesses can prepare for the next wave of digital change. Streaming on iHeartRadio or wherever you get your podcasts.

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

This week, Rosa Powers and Margot Flanagan - better known as the Two Raw Sisters - join Liam Dann to share their best and worst money stories, from how their parent's were early motivators in their careers, to the health battles and personal struggles they had to overcome in order to mend their relationship, and how that has led to a successful brand that covers cookbooks, apps, and podcasts.

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

Concerns have been raised among economists as inflation data suggests things may not be as on track as they seem.

Inflation has hit 2.7 percent, with big food increases led by massive hikes in food prices.

HSBC chief economist Paul Bloxham explains what this could do for the Reserve Bank's outlook going foward.

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

Inflation is coming dangerously close to the top end of the Reserve Bank’s target band.

It’s reached 2.7% year-on-year – the main drivers being council rates, increased rents, electricity prices, and food prices.

Independent economist Cameron Bagrie told Ryan Bridge that there’s not only cyclical damage to the economy from the Reserve Bank’s efforts to curb inflation, but also significant structural issues.

He says that productivity used to be, on average, 1.4% per year, but it’s now down to 0.3%.

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

Retailers across the country are surprisingly optimistic in the face of ongoing economic challenges.

The latest Retail NZ report reveals nearly 70% of retailers are confident their business will survive the next year, up from 57% for the same period last year.

This comes despite 62% of retailers failing to meet sales targets for the same period.

Retail NZ CEO Carolyn Young told Mike Hosking that optimism is stronger in the provinces and rural areas than it is in major cities like Auckland and Wellington.

She says that the success the rural sector is experiencing is putting funds back into the local economies, which is creating more buoyancy.

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.