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  • How Litmaps is supercharging scientific research

    How Litmaps is supercharging scientific research
    2025/05/21

    Litmaps, a Wellington-based startup that’s just raised $1 million in a Series A funding round, is redefining how scientists navigate the sea of academic literature by merging citation network analysis with generative AI.

    Founded in 2016 by Axton Pitt and Kyle Webster, the platform now serves over 2 million researchers globally, including institutions like Harvard, Stanford, and the University of Cambridge. Its mission? To "accelerate impactful science" by helping researchers identify gaps in knowledge and avoid redundant work.

    The playbook is the same pursued by many Kiwi startup founders with Kyle and Axton, who was a University of Auckland biomedical and computer science student at the time, growing frustrated with legacy systems poorly equipped to meet the needs of modern researchers.

    “We just found the tools that you had to use very clunky,” Axton told me on this week’s episode of The Business of Tech. The acquisition of rival Research Rabbit now gives Litmaps an audience of millions worldwide. Find out how better scientific research discovery, powered by AI and visualisations, is changing how science is done on episode 99 of The Business of Tech.

    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.
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    33 分
  • Pals co-founders Mat Croad and Nick Marshall: From childhood friends to RTD moguls

    Pals co-founders Mat Croad and Nick Marshall: From childhood friends to RTD moguls
    2025/05/21

    This week, Liam is joined by Mat Croad and Nick Marshall, co-founders of RTD business Pals, to discuss how a previous failure informed their meteoric rise in the drinks world, growing up in Tauranga together, and the different career paths they took before working together.

    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.
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    33 分
  • Steven Joyce: Former Finance Minister says New Zealand's in the early stages of an export-led recovery

    Steven Joyce: Former Finance Minister says New Zealand's in the early stages of an export-led recovery
    2025/05/21

    There's a belief New Zealand's entering the early stages of an export-led recovery.

    Stats NZ data reveals it's at $1.4 billion in April, compared with a $12 million deficit last year.

    The dairy sector's been the big winner, up $601 million to $2.2 billion.

    Former Finance Minister Steven Joyce told Mike Hosking it's promising on the back of a tough three years in the sector.

    He says domestically people aren't spending a lot, so imports aren't coming in, but fortunately the world is buying more from us which is a great point in the cycle.

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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.
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    8 分
  • The Huddle: What do we hope to get out of Budget Day 2025?

    The Huddle: What do we hope to get out of Budget Day 2025?
    2025/05/21

    Tonight on The Huddle, Conor English from Government relations firm Silvereye and broadcaster Mark Sainsbury joined in on a discussion about the following issues of the day - and more!

    Should Tonkin + Taylor sack the staffer who was caught heckling Winston Peters?

    Waitakere Hospital ED raised some eyebrows when they started handing out vouchers for patients to go to urgent care clinics. What do we make of this?

    It's Budget Day tomorrow - what do we hope to get out of it?

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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.
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    8 分
  • Kerre Woodham: Let's fill vacant stores before we build more

    Kerre Woodham: Let's fill vacant stores before we build more
    2025/05/21
    I don't know where the Head of Research at JLL, the commercial property company, I does his shopping, but it cannot be anywhere that I go. If you've ever wondered what the definition of gaslighting is, you may well have heard it this morning. Chris Dibble —the Head of Research at JLL— was on the wireless claiming that we have a critical under-supply of retail space in this country, and that to keep pace with population and demand we need to come up with a quarter of a million square metres in the next five years. Shopping centres and large format retail are experiencing solid demand, he reckons, and he told Mike Hosking CBD’s strip vacancy rates are the lowest in Australasia. “The way that we've attacked this research is looked at basically the ratio between how much retail space we currently have and the population at the moment as well. And so when you look at that ratio, which is around about 0.5 square metres per person across the country, then when you look at the population growth that New Zealand's going to go through over the next sort of five years, we can understand that to keep their ratio we just need more space. “And so we are seeing a bit of development across the country, which is positive. It will help to start, I guess, eat away at some of this growth forecast that was required in retail floor space. But yeah, there will need to be a lot of that around in Auckland. They've got around about a third of all the retail supply across the country so from that perspective, it is a significant amount that will probably happen in Auckland.” I was listening to this, and I was thinking why don't we use the retail space that's vacant right now before we build anymore? The way he was talking it was that demand is such that you've got queues of retailers hammering on the doors of existing retailers, begging to take over the space, and that is simply not what I am seeing. I would love to know what your main street looks like? I know JLL is a commercial property leasing company, you have to talk up your business, but there's talking up and then there's downright delusional. If you have ventured into your local mall, how many sites are boarded up or being used as displays for the stores that remain or have these poor people sitting there gazing at you as you walk past, willing you to come into their store? They'd be lucky if they have four or five customers in a day. I've never seen it so bad. It's not just my anecdotal experience either. I thought it might have been, but according to OneRoof, New Zealand's commercial property market in 2024 has been one of the toughest in two decades. High interest rates, remote working online shopping leading to higher vacancy rates and soft rental growth. Bayley's commercial and capital figures show commercial property sales plummeted since 2021 in both volume and value, and we're sitting back where the market was in 2001 and 2002. Westpac said in early December the market had fallen around 10% since its peak in 2021. The value of sales dropped below $6 billion over the 12 months to June 2024, the lowest in more than a decade. So who's right? How can we possibly need up to a quarter of a million square metres of retail space in the next five years when so many shops are sitting empty? What are you seeing, because I am not seeing what Mr. JLL is seeing. The one thing I would agree with in the report is that along with the fact that we need three or four new 277’s, is that Kiwis still value in-store experiences. And for those stores that remain, by crikey I do, I love a good in-store experience, and I get them. Where you've got people who've been in business for years who know their business, who know that there is online, so they upgrade their websites, they get with the programme. I was in Tauranga on Friday. There's a store called Wendy's there that's been there since 1984, and it's still doing a roaring trade. Great website, it was absolutely packed, knows its customers, and the staff were incredibly helpful. It's seen off recessions, it's seen off online shopping. If you know your stuff and you will have stores like that up and down the country, you stick with your knitting, you adapt with the times, you know what you're good at, you take on board what you need to grow with your customers, you'll be fine. And you cannot beat a good in-store experience, but bloody hell, it's tough out there. So how on Earth can we fill four or five massive new shopping complexes, which is what Chris Dibble was saying? Would it not be best to start with filling the existing stores that have vacant right now and have been vacant for far too long? 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...
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    6 分
  • Jessica Walker: Consumer NZ Acting Head of Research and Advocacy on the growing calls to ban credit card surcharges

    Jessica Walker: Consumer NZ Acting Head of Research and Advocacy on the growing calls to ban credit card surcharges
    2025/05/21

    Mastercard has recently released a survey showing a significant amount of Kiwis want credit card surcharges banned.

    The data shows 61 percent of respondents would support a ban and 75 percent don't believe surcharges are fair - and 44 percent feel retailers should absorb the costs.

    Consumer NZ's Acting Head of Research and Advocacy, Jessica Walker, says the surcharge debate is a complicated topic.

    "Businesses are charged a fee for using these payment networks - and of course, Visa and Mastercard are going to benefit from surcharges being banned, because it means more people will use Visa and Mastercard."

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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.
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    5 分
  • Jenee Tibshraeny: NZ Herald Wellington business editor ahead of the release of Budget 2025

    Jenee Tibshraeny: NZ Herald Wellington business editor ahead of the release of Budget 2025
    2025/05/21

    Budget 2025 is set to be revealed to the nation tomorrow - and Finance Minister Nicola Willis has promised it will be a “No BS Budget” with “some surprises”.

    Willis will take a step towards unwinding the expansion of Government that accompanied (and followed) the pandemic - while growing the economy.

    NZ Herald Wellington business editor Jenee Tibshraeny outlines some questions she hopes to see resolved.

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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.
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    4 分
  • Alan McDonald: EMA Head of Advocacy on the increase in businesses seeking advice about redundancies

    Alan McDonald: EMA Head of Advocacy on the increase in businesses seeking advice about redundancies
    2025/05/21

    A record number of businesses have sought advice about redundancies in the first three months of the year, according to new Employers and Manufacturers Association data.

    EMA’s AdviceLine received 403 queries from businesses on the topic of restructuring and redundancies last quarter - almost double that in the same period two years ago (204).

    EMA’s head of advocacy and strategy Alan McDonald says this reflects many years of tough economic conditions.

    "The last resort play for a lot of businesses when they look at their costs is - well, we're going to have to restructure the number of people. And that's what's happening."

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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.
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    4 分