Tesla and Boeing results in the spotlight as reporting season continues. Forsyth Barr's Zoe Wallis joins the show.

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We often think of trusts as a way to protect your assets, especially if you work in certain fields - but a surprising number of regular families use them for a range of reasons.

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KiwiSaver hardship withdrawals have spiked to their highest in a decade last month, amid rising fuel prices.

According to the IRD, more than 5600 people withdrew their savings due to financial hardship - the second-highest amount ever since August 2016.

Over 49 million dollars was withdrawn, a 12.6 percent increase from March last year.

Simplicity chief economist Shamubeel Eaqub says the cost of living crisis, and the recent spike in job losses and business closures have all cumulated into the current increase.

"Mostly, what we're seeing at Simplicity is just that people have lost their jobs, they've lost their businesses, or they can't repay their mortgage - it's kind of life stuff. But the recession has real human cost."

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So you want a loan to buy a property.

The bank sifts through all the money that's gone in and out of your accounts going back an uncomfortable amount of time, and give you a number they're willing to lend you.

You think to yourself, the process is so long and gruelling, and they require so much of your usually private documents, that surely you can afford to meet those repayments - right?

Wrong.

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In this bonus clip, Vanguard’s Kathy Kellert breaks down how markets have historically responded to geopolitical shocks—and how staying invested can play out. Drawing on decades of data, she explains why investors who zoom out, stay diversified, and stick to a long-term strategy are often rewarded, even after major sell-offs.

We also explore impact of holding cash during volatile periods.

This bite is from our previous episode with Vanguard.

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Yesterday New Zealand First announced a campaign policy to break up New Zealand's supermarket duopoly.

Woolworths and Foodstuffs currently control over 80 percent of the grocery market.

NZ First leader Winston Peters told Mike Hosking he isn't pursuing this now because, "the National Party is not for it, the ACT Party is not for it. I mean, they've got their policies which are to stagger on with the Commerce Commission that's not working."

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

This week, The fuel crisis continues, putting pressure on the Reserve Bank over what to do with the OCR, retail spend is up but the numbers are deceiving … plus a boost to tourism as the number of Kiwis leaving our shores decreases.

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The Iranian military has threatened shipping in the Gulf, Red Sea, and the Gulf of Oman if the US naval blockade continues.

The threats made by general Ali Abdollahi Aliabadi were apparently aired on Iranian state television.

Meanwhile, talks could resume as early as this week with NBC news reporting Trump has said the war was “very close to over” while Tehran has said messages were still being exchanged via Pakistan.

Trump has also claimed that China is “very happy” about the situation – that was after Beijing labelled the US blockade “dangerous.”

He also said that President Xi Jinping had agreed not to send weapons to Iran.

Today on The Front Page, University of Otago international relations professor Robert Patman is with us.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

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