open banking nz

Kiwibank flips the switch on open banking for SMEs

Kiwibank has become the first New Zealand bank to roll out open banking across all its digital channels for both individual and business customers, delivering most of the data‑sharing capability required by regulators six months ahead of its statutory deadline.

Why AI is no longer just a tech conversation

As AI rapidly shifts from experimentation to operational reality, AI start-up founder Dave Howden says the businesses that move first – and rethink how work gets done – will hold the advantage.

Healthtex kiwi entrepreneurs

The pharmacist who listened

Three decades behind the counter taught pharmacist turned entrepreneur Tim O’Donoghue that patients know exactly what they want. They just rarely get it. Now, with an FDA-listed product live on Amazon and a 14-strong self-care platform behind it, the Healthtex Co-founder is raising capital through PledgeMe and inviting Kiwi investors into a corner of the global pharmaceutical industry usually reserved for big backers.

The Grand Team Photo sml

Bringing Cathedral Square’s grand old lady back to life

A Christchurch team have launched a crowdfunding campaign to bring the old Chief Post Office in Cathedral Square, established in 1879, back to life. They’re equity crowdfunding to raise up to $2 million to create a new destination that they hope will house nine businesses, and employ 40 to 50 people. The aim is for The Grand to include an artisan French bakery, a people-focused food court experience, visitor information centre, iconic restaurants and bars and one of New Zealand’s largest outdoor plazas, says CEO and founder of The Grand Darin Rainbird. “The Grand’s next life aims to be a world-class destination for our world-class city, and we believe this will be a part of the redevelopment of Christchurch’s future,”

Jo Tozer

Budget 2022: New fund aims to ‘secure future’ for SMEs

MYOB’s Jo Tozer comments on the 2022 Government Budget’s incentives for business, including the Business Growth Fund – designed to deliver new funds to fuel business growth. With 48 percent of SMEs in MYOB’s 2022 Business Monitor stating that access to finance will be a pressure point on their business this year, an announcement of a new, independently managed Business Growth Fund (with a $100m investment by the Government) targeted at helping to provide a new source of capital for growing business, should be welcome news. Further insights from MYOB show growth is high up in the minds of many local small and medium enterprises, with 44 percent stating in the annual Business Monitor that growing their business is a priority over

SEO concept

How to fine-tune your website’s performance

Richard Conway explains some simple SEO techniques that business owners can use to edge the competition. The past two years have cemented search engine optimisation (SEO) as perhaps the most important aspect of any business’s digital marketing strategy. If implemented properly, appearing organically on the first page of Google for the terms your target market is searching for is a proven way to drive sales, brand engagement, and loyalty. Google dominates the search engine landscape in New Zealand, accounting for more than 93 percent of all searches in this country. That’s a massive playing field for your marketing efforts. It’s also a level playing field. Google does not share its algorithms, so no business benefits from any insider information. The

Sales team

Discipline is sexy; motivation isn’t

Are under-performers holding back your sales team? Logan Wedgwood explains how the right discipline and structures can help the whole team succeed. What if an over-reliance on inspirational speakers is the reason your salespeople are failing? Motivation is often bandied around as what salespeople need. That kick in the ass, or coaching and mentoring. Inspirational words and support. But what if that isn’t true? Is a lack of motivation just an excuse for under-performance or laziness? What if what is really needed is discipline? You see, in my work as a consultant, all of the most successful salespeople I work with are disciplined, not motivated. The under-performers are the ones asking for motivation. The high performers show up and do

2020 Mat Wylie

Building your reputation, online and off

With online reviews now trusted more than ever before, Mat Wylie highlights the importance of building your business’s reputation both online and off.   When you’re asked to name a good dentist, café, mechanic or any other kind of business, you’re being asked to stake your reputation against a previous experience. This happened recently in my neighbourhood’s online group. Someone asked for a good builder, and local people chipped in with suggestions of builders that do good work. Their recommendations reached an audience of hundreds of people who weighed up feedback about this company and were able to make a better decision because of it. The old idea that people would tell five others about a great experience and 25

Mental health

Taking leadership on mental health

Todd Westwood has advice on how to get your employees mentally match fit. In the workplace, mental health is sometimes more important than physical health.  If a team member gets sick or injured, they take time off work. They’re expected to rest up, look after themselves, and return when well enough. From a business standpoint, it’s fairly straightforward. That’s what sick leave is there for. It’s a dollars-and-cents discussion, right?  Mental health is another ball game altogether.  If an employee is dealing with the tough stuff – like stress, anxiety, or grief – they might still turn up at work. They’ll clock in, but might be unfocused, distracted, and can weigh down others around them. All of this results in