Shared Lunch

As 2025 wraps, how are we set up for the year to come? We welcome economic experts Shamubeel Eaqub, Chief Economist at Simplicity, and Paul McBeth from the Bottom Line, to review a strange year in the markets. Why was the market’s reaction to trade tariffs so unpredictable? Why has market commentary been so pessimistic lately, even as Wall Street approaches new records? Why has NZ’s economy remained sluggish while share markets rose abroad? Has the property investing market learned its lesson?  Hear Shamubeel’s theory that it’s been a humbling year for market commentators, and Paul's thoughts on the surprising strength of NZX small caps and Freightways. Plus, the AI question: A bubble, or the next industrial revolution? For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Meet the operating system behind the global box office. We’re with Stuart Dickinson, CEO of Vista Group, a Kiwi software provider serving almost half the world’s major movie theatre chains. Stuart explains how Vista handles over $15 billion USD in transactions annually, with the shift from simple coke and popcorn sales to luxury dining and beverage service. Hear about Vista's transformation to a higher-margin Software as a Service (SaaS) subscription model and the associated risks and opportunities. Find out about the real impact of streaming, why a theatrical release is still good for a film’s bottom line, and why theaters love horror movies. Plus, the financial metrics retail investors should watch to track Vista’s ongoing transformation. Plus, Stuart explains his confidence in the future of the cinema experience—even in the Netflix age. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

You may not know it, but you’ve probably used a Ventia service today. Dean Banks, Managing Director and Group CEO, tells us how the essential infrastructure giant manages the assets that power daily life, like water, transport, and telecommunications.  Dean explains the advantages of being a broad portfolio business across Australia and New Zealand, and how the company’s sheer size helps them gather the data to deliver cost savings for customers. Hear how Ventia hopes to get a bigger piece of the $100 billion energy opportunity, and new five-year contract awards in telecommunications. Dean reveals why in a volatile era, what he terms "boring reliability" is a big advantage, with a focus on keeping their 35,000 employees safe, and defending against cyber threats as a major government contractor.  Plus, how Ventia's telecommunications expertise is being used in space, with telescopes in the deserts of Western Australia to take “pictures of the past".  For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

We’re at Rocklabs with Mike Christman, CEO of Scott Technology — the 112-year-old Kiwi engineering company that specialises in the design and manufacture of automated production and robotics. Mike explains how the company  is transforming mining, protein processing, logistics, and appliance manufacturing by replacing manual tasks with AI-driven, automated systems. He shares why margins are improving, what’s behind the company’s “Destination 2030” plan,and why the biggest barrier to automation isn’t competitors — it’s customer mindset. Plus, Mike’s personal journey from London to New Zealand, and plans for the company to become far more visible to investors. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Recorded on 22nd October 2025 -  All commentary reflects the timing of the original conversation. Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.  See omnystudio.com/listener for privacy information.

Can spending money actually build your long-term wealth? Sharesies says yes.  Scott Nixon, GM Sharesies Personal, and Ruth Riviere, Country Manager for Mastercard, are talking about Spend (AKA the Sharesies debit card) and the Investback reward system that earns 1% investments as you spend. Scott explains how day-to-day money management is a big part of wealth, how payments factor into Sharesies’ bigger vision, and Mastercard's role in creating network access. Why is NZ’s digital payments adoption lower than in Australia and Europe? Why is now such a crucial moment for new tech to challenge the country's consolidated retail banking environment?  Plus, hear about anti-fraud innovations like tokenization, biometrics, and numberless cards.  For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Gold took off this year, fuelled by inflation fears, geopolitical tension, and a wave of investor enthusiasm. Jacki Neumann recently spoke to Michelle Lopez from PIE funds and asked is it grounded in fundamentals and can it keep its safe-haven status through volatility? This bite is from our episode 'What's going on with the ASX?'For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision.  Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. PIE Funds Management Limited is the manager and issuer of the funds in the PIE Funds Management Scheme (the Schemes). The product disclosure statements for the Schemes are available at: www.piefunds.co.nz/investor-documents.See omnystudio.com/listener for privacy information.

To wrap up the week, we’re taking questions from you!  The team behind Sharesies Crypto answers audience queries on crypto’s role in a diversified portfolio, what features they’re working on, how assets are stored in Sharesies Crypto, and your tax responsibilities.For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Sharesies Crypto is offered by Sharesies Crypto Limited and is only available in NZ. Crypto is different to other types of investments and has different risks. Crypto is generally considered a high-risk investment, which means it carries potential for higher returns, but also carries higher potential for loss. It’s not suitable for everyone, especially if you’re uncomfortable with the potential of losing some or all of your investment. You should consider your financial goals, risk appetite, investment timeframe, and overall portfolio before investing in crypto. Shared Lunch is brought to you by Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions can be found on our NZ website.  See omnystudio.com/listener for privacy information.

Hear from crypto veteran Dave Ripley, co-CEO of global crypto exchange Kraken, about the security of digital assets. Kraken is one of the world’s leading crypto platforms, and service provider to Sharesies Crypto. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions can be found on our NZ website. Sharesies Crypto is only available in New Zealand and is offered by Sharesies Crypto Limited. Crypto is different to other types of investments and has different risks. Crypto is generally considered a high-risk investment, which means it carries potential for higher returns, but also carries higher potential for loss. It’s not suitable for everyone, especially if you’re uncomfortable with the potential of losing some or all of your investment. You should consider your financial goals, risk appetite, investment timeframe, and overall portfolio before investing in crypto. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

We’re cutting through the red tape with Jeremy Muir, Chair of BlockchainNZ and one of NZ’s leading legal experts on crypto regulation. In our third convo Jeremy walks us through where NZ is at with crypto taxes, rules and regulation, and where we might be going. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Sharesies Crypto is only available in New Zealand and is offered by Sharesies Crypto Limited. Crypto is different to other types of investments and has different risks. Crypto is generally considered a high-risk investment, which means it carries potential for higher returns, but also carries higher potential for loss. It’s not suitable for everyone, especially if you’re uncomfortable with the potential of losing some or all of your investment. You should consider your financial goals, risk appetite, investment timeframe, and overall portfolio before investing in crypto.   Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Just a few years ago, crypto was too hot to handle for most people. Now, it’s being embraced by the financial establishment. Today, we talk to Victoria Harris from the Curve about rising crypto adoption and ditching the myth of the “crypto bro”. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Sharesies Crypto is offered by Sharesies Crypto Limited.Crypto is different to other types of investments and has different risks. Crypto is generally considered a high-risk investment, which means it carries potential for higher returns, but also carries higher potential for loss. It’s not suitable for everyone, especially if you’re uncomfortable with the potential of losing some or all of your investment. You should consider your financial goals, risk appetite, investment timeframe, and overall portfolio before investing in crypto. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Crypto is a real conversation starter—so let’s talk about it.  In our first Crypto Conversation, Sharesies co-CEO Leighton Roberts spills why Sharesies is getting into the crypto game. Why now? How have investors responded? What makes Sharesies Crypto different from what’s already in market?For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

We're in Sydney with Oleg Vornik, CEO of DroneShield, makers of radio-frequency technology to detect and take down small, hostile drones across 50 countries. While defence demand is rising, airports, data centers, and infrastructure facilities are also looking for protection against small drones used for surveillance, cyber threats, and sabotage.  Learn how DroneShield built the world's largest drone signal library, why simply shooting down drones isn’t viable, and why they’re moving to "micro AI" on tiny, self-learning devices. Hear about the “cat and mouse game” between counter-drone developers and drone manufacturers, constantly innovating to avoid detection.  Plus, find out why Oleg believes counter-drone activity in public spaces like airports, stadiums, and prisons will grow as drones become a fact of life.This episode was recorded on 15 October 2025. All commentary reflects the timing of the original conversation. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Could open banking finally create real competition for money services—beyond the banks? We’re talking to Ben Lynch, who left Xero to found Akahu, the open finance intermediary pushing to change the balance of power between banks, their customers, and their competitors.  This episode explores how open banking aims to democratize your financial data, letting fintech businesses innovate and become a “bank without being a bank”. Hear about Ben’s battle to bring the new Consumer Data Right into law, giving individuals more meaningful ownership of their personal information—the foundation of open banking. We discuss how this legislation forces banks to use APIs (application programming interfaces) to share data, and creates more space for disruptors like Sharesies to offer consumers choice.  Plus, hear the story of how Ben used a tweet to get his foot in the door at Xero. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

We sit down with Comvita Chair Bridget Coates to talk about the critical vote shareholders are facing on a 80-cent-per-share takeover offer. With a 75% majority vote required and two major shareholders already backing the deal, this is a pivotal moment for Comvita and its investors. The iconic mānuka honey company and global market leader has faced significant financial pressure in recent years due to industry oversupply, price and demand volatility, and balance sheet challenges. Despite restructuring efforts, the Board of Comvita is now recommending shareholders accept the offer from private health and wellness bidder Florenz.   We cover the Mānuka honey industry's struggles, what’s at stake for shareholders and what the future might hold for this nearly 50-year-old Kiwi brand under private ownership. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Limited. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions can be found on our NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

We welcome back Michelle Lopez, Head of Australasian Equities and Portfolio Manager at Pie Funds—our go-to expert on small caps and big potential. Michelle shares how she sees caution among her peers despite market highs, and why she sees this market rally as “narrow”. Michelle covers the state of travel, retail, property, and the rise of DIY—and the sectors set to benefit as we move deeper into a national rate cutting cycle. How are Michelle’s team watching for clues to indicate that the data center boom is slowing? Hear about the three big factors propelling performance for Australian small caps, a massive year for gold, and possible risks in rare earths. Plus, getting indirect exposure to AI through Aussie infrastructure and software companies. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. PIE Funds Management Limited is the manager and issuer of the funds in the PIE Funds Management Scheme (the Schemes). The product disclosure statements for the Schemes are available at:  www.piefunds.co.nz/investor-documents.See omnystudio.com/listener for privacy information.

Fonterra CFO Andrew Murray breaks down the co-op’s new focus on ingredients and food service—and why divesting consumer brands less about retreating, and more about doubling down on value for farmers. How is dairy’s protein power is driving global demand? What's driving the growth of “natural nutrition” and how will Fonterra milk that opportunity? For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Can Fonterra maximise returns for farmers while taking risks off the table? We’re joined by Andrew Murray, Group Chief Financial Officer for the dairy exporter. Andrew walks us through the $4.22B NZD sale of Fonterra’s consumer business, and their new laser focus on high-return channels like ingredients and food service. Discover how their evolved strategy has delivered Fonterra’s highest-ever dividend amidst geopolitical tensions and tariffs. Why is the surging global demand for protein a big deal for dairy? What makes Andrew confident about selling off brands like Anchor and Mainland? How does the co-op aim to win back market share from its competitors? Plus, Fonterra’s plans to generate earnings from financial trading. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

In this quick bite, Air New Zealand CFO Richard Thomson lifts the lid on why the airline’s recovery has been harder — and more expensive — than expected. With soaring visa costs to a sharp drop in visitors from China, are we pricing ourselves out of the tourism market? And how is Air NZ staying optimistic as it rebuilds for the future?Hear more in our most recent episode, 'Air New Zealand on facing headwinds'. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Richard Thompson, Air NZ CFO, joins us to discuss the headwinds facing our national carrier. With engine disruptions pushing costs skyward and grounding sections of the fleet, and up against a tough economy, Richard explains why he remains confident in Air NZ’s future. Why are the new engines from Rolls-Royce lasting only a quarter of their normal maintenance cycle? How do unseen costs like extra inventory play into the engine crisis? How does a weak NZ dollar impact the cost of US parts and materials? And why has the airline chosen this troubled time to carry out a $100 million share buyback?  Plus, how rising costs of entry—including pricey visas and a conservation levy—have become a "friction point" for our visitors. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

International rings operating scams are on the increase in Aotearoa and Australia, and many of us will come across scammers in our daily lives. In this short video we explore the motivation and tactics of scammers, the different phases of a scam (and how you can be sucked in) plus the red flags many of us miss. Key takeaways include recognizing urgency, secrecy, and mismatched information requests as signs of scams, and knowing what steps to take if you or someone you know has been scammed. Investing involves risk. Be mindful of scams asking for your login info or offering unsolicited investment advice, especially on social media. For more information see https://intercom.help/sharesies/en/articles/2348225-security-and-internet-safety See omnystudio.com/listener for privacy information.