Business update with Garth Bray - Tue 27 Oct

Parts of the economy are picking up, but many shops, cafés and restaurants are still waiting for customers to return. With Tamsyn Parker away, Business Herald reporter Tom Raynel joins Liam Dann to discuss the squeeze on household spending, changing drinking habits and the pressures facing small businesses. They explore what’s keeping customers at home, what communities lose when their local closes, and what political parties are offering business owners. The Economy of Everything is brought to you by CMC Markets with the New Zealand Herald. See omnystudio.com/listener for privacy information.

Independent economist previews tomorrow’s OCR announcement, where a .25% rise is on the cards. Plus, do we have an issue with our exchange rate? See omnystudio.com/listener for privacy information.

Odds are on we'll get another hike to the OCR tomorrow. It's not great timing for a Coalition government trying to get elected when cost of living is the number one issue. See omnystudio.com/listener for privacy information.

Westpac forecasts an OCR 25-basis-point increase to 3%. See omnystudio.com/listener for privacy information.

Today on the podcast, I speak with Sarah Meikle, founder of All India Permit Tours, a specialist travel business creating small group tours and tailor-made holidays to India. After a long career in tourism and marketing, including 15 years with Wellington on a Plate, Sarah decided it was time for something new. With a long-standing love of India, she took the leap and turned that passion into a business of her own. In this episode, we talk about: ✈️ Turning a lifelong passion into a viable business 💡 Knowing when it’s time for a new chapter in your career 📣 Finding customers and building trust and credibility 📱 Marketing a business when you’re the person behind everything 🙌 Going from a senior role to doing it all yourself Sarah is a great example of someone who has taken her experience, backed herself and built a business around something she genuinely loves. And you can hear just how much she loves what she does. Whether you’re thinking about turning a passion into a business or navigating your own next chapter, there’s plenty to take away from this conversation. Sarah is currently in India, so it’s the perfect time to follow along at @allindiapermittours. And if India has been on your travel wish list, this episode might just be the nudge you need to start planning that trip! See omnystudio.com/listener for privacy information.