Mike Hosking

roughly speaking, do you like what's going on in this country?

If you do, you're going to vote for the current lot.

Do you not like what's going on in this country?

If you don't, you're going to vote for the other lot.

There's only two lots to vote for.

It's the ones that are in and the ones that aren't.

It's as simple as that.

Now, business and sustainability.

We've got new work from the Sustainable Business Network.

They looked at 42 start-ups.

People like the Palmerston North-based BioLumic, which has developed seed enhancement tech based on ultraviolet light.

Now, the theme of the study is big profits remain elusive.

The number of companies reporting profit margins above 20% dropped.

from 17% in 2024 to just 3% last year.

31% were breaking even, which is up from 17% in 2024.

So that's encouraging.

Those reporting an operating loss dropped from 43% to 39%.

So that's encouraging as well.

Next question, I don't know if it's covered in the study.

is when you're a startup, you don't want to be making profits, do you?