Record number of BNZ Start-Up Alley entries

BNZ Start-Up Alley is one of the highlights of Webstock, the globally significant celebration of the web and gathering of its makers. This year will be no different with a record number of entries into the competition and yet another six fantastic finalists gearing up to pitch their idea to a panel of expert judges on February 16 at the St James Theatre in Wellington.

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Snap Rentals is driving growth with asset finance

Shaking up an established industry like the vehicle rental market is no easy task. However, that’s exactly what Jamie Bennett and Patrick Broadbent have done with Snap Rentals.

With growth of over 400% and a regional win in the 2016 Deloitte Fast 50 and an 11th place ranking overall, the team at Snap are clearly doing something right. We had a chat with Jamie to get a little insight into how they grew the business from a single car to over 400 in just a few years. Continue reading…

Setting up a foreign exchange strategy for your business

New Zealand is a great place to do business and consistently ranks at or near the top of annual lists put together by the likes of Forbes and the World Bank when it comes to ease of doing business. It’s also a small market and that means local businesses in search of growth often look overseas.

Trading overseas, either through exporting or setting up shop off shore, brings with it a number of new business challenges that can vary from territory to territory. Continue reading…

Modica Group’s tips for expanding your business overseas

Deloitte Fast 50 2016 finalist, Modica Group, is a New Zealand company making a name for itself internationally in the fast growing world of enterprise messaging services. Not content with being a mere player, Modica has big plans for redefining the global EMS (enterprise messaging services) market and already it has operations in Australia, South-East Asia, The Dominican Republic and the USA. We spoke to Modica Chief Marketing Officer, Ben Northrop, to find out how they’ve grown and why international expansion is crucial for so many New Zealand businesses.

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Brexit still got you on edge?

BNZ Private Bank Analyst Chris Stephens, takes a closer look at the impact of Brexit on global financial markets and some of the other key issues that could affect investment returns going forward.

In the week that followed the UK’s referendum vote to exit the European Union (EU), global financial markets fell heavily, but quickly recouped their lost ground. In fact, during the three months since the vote, investors have been quick to shift their focus away from Brexit to other issues that may impact investment returns.

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Auckland’s housing market: What you need to know when buying

BNZ’s Chief Economist Tony Alexander reflects on a few factors to be aware of if you’re looking at investing in the Auckland property market.

Back in the Weekly Overview of November 1, 2012, I produced a list entitled, 19 Reasons Why Auckland House Prices Will Keep Rising. Since then prices on average have risen 65% and while we see minimal chance of another 65% rise over the next four years, it still looks like prices will rise further. Continue reading…

Mooncake Festival lights up Chinese business opportunities

BNZ’s Head of Asia Business Paul Gestro reflects on what Mid-Autumn Festival (or Mooncake Festival) means if you are doing business with China.

If you do business in China, you’ll be more than familiar with the Mid-Autumn Festival (or Mooncake Festival) – the second most important festival to Chinese people after the New Year. You may already have a stack of uneaten cakes piling up on your desk – as business partners, colleagues, employees, friends or family seek to acknowledge you during this traditional gift-giving time of the lunar year. Continue reading…

Naveya & Sloane’s sparkling success

An Auckland-based bespoke jewellery company has grown rapidly to meet the demand for its made-to-order and handcrafted wedding and engagement rings. Soon expanding internationally, the company reflects on its success to date.

When prospective clients arrive at Naveya & Sloane’s Auckland premises seeking to have a piece of jewellery custom-made, they don’t have to look far to see where their eventual purchase will be produced.

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