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PODCAST

Best of Business

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

business business news

All Episodes

3:57

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2025/02/17

A2 Milk has upped its first-half net profit by 7.6 percent - overtaking expectations - and announced its first dividend of 8.5 cents a share. Its infant milk formula (IMF) sales grew by 7.2 percent, led by its English label, which was up 13 percent, while China label sales were 2 percent higher. Harbour Asset Management's Shane Solly unpacked the factors behind this change. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:34

Mark Troughear: Freightways CEO on the company's...

Best of Business ·

2025/02/17

One of our largest freight companies says it's yet to see economic green shoots. Freightways is reporting a 6.5 percent increase in profit in the six months to December. But it's dealing with lower volumes per customer in New Zealand. CEO Mark Troughear explained the result is down to winning new customers, and its Australian arm's performance. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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8:11

Nicola Willis: Economic Growth Minister reveals...

Best of Business ·

2025/02/17

The Economic Growth Minister says she's had another supermarket express their interest in setting up shop here. Nicola Willis has repeated the call we need more competition to pressure prices. Speaking last week, she said there's been some expressions of interest from overseas, but would not say who or how many, Willis says since then, she's had another potential player get in touch. She explained it was someone who contacted her office directly, saying they had a potential proposal to enter the

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3:05

Robert MacCulloch: Auckland University economics...

Best of Business ·

2025/02/17

An economics expert says cutting the Official Cash Rate is unwarranted. The Reserve Bank is set to release its first 2025 OCR decision on Wednesday. Many economists are predicting a 50 basis point cut - from 4.25 percent to 3.75. Auckland University economics professor Robert MacCulloch says the bank's only meant to focus on inflation, which is already on target. "They're not looking at the inflation rate - it's exactly at 2 percent. But they're panicking about the state of the economy, that's the

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31:37

Business Panel: Delivereasy's Tim Robinson and Adult...

Best of Business ·

2025/02/16

They're two Wellington business behemoths; one delivering food, the other offering sexual wellness products. But now unlikely partners Delivereasy and Adult Toy Megastore have joined forces to deliver sex toys to Wellington customers in under an hour - a campaign to promote both businesses. Delivereasy co-founder Tim Robinson and Adult Toy Megastore owner-operator Nicola Relph, both proud Wellingtonians, joined Nick Mills to discuss their partnership, how to take on massive multinationals, and how

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4:50

Richard Templer: Engineering NZ CEO urges the...

Best of Business ·

2025/02/15

There's growing concern about a potential decline in engineering roles - with renewed calls for the Government to step in and intervene. Engineering New Zealand says work for engineers has dried up and they fear losing skilled professionals to overseas opportunities. CEO Richard Templer says Kiwi firms have had to make engineers redundant as bigger projects have ground to a halt - and New Zealand runs a real risk of having a sector-wide brain drain. "The Government has ear-marked a whole lot of

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5:16

Sam Dickie: Fisher Funds expert on the collective...

Best of Business ·

2025/02/13

The expanded tariff measures announced by President Donald Trump are contributing to economic uncertainty held by multiple companies, according to experts. Major trade partners, including Canada, Mexico, Australia, Brazil and the EU will likely be impacted by the incoming 25 percent tax on steel and aluminium imports into the US. Sam Dickie from Fisher Funds explains how these changes could impact the US economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:39

Jamie Mackay: The Country host addresses backlash...

Best of Business ·

2025/02/13

A series of livestock sales making way for blanket afforestation on a productive hill-country station on the Hokonui Hills in Southland isn't being received well by local farmers. The Government announced changes to limit the amount of full farm to forestry conversions in December last year, with changes set to kick in by October. The Country's Jamie Mackay unpacks the community backlash. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:11

Liam Dann: NZ Herald business editor at large on the...

Best of Business ·

2025/02/13

The Government has confirmed it plans to create more competition between the supermarkets as part of its growth plan. Finance and Economic Growth Minister Nicola Willis says this means potential crackdowns on pricing and helping new entrants access land and properties for development. NZ Herald business editor at large Liam Dann explains what this scheme could include - and whether or not it could work. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:21

Patrick Brockie: City Rail Link CEO on the first test...

Best of Business ·

2025/02/13

Managers of Auckland's City Rail Link are still shying away from naming a specific opening date, following last night's successful tests. A train made five trips through the new tunnels overnight - between Waitematā and Maungawhau Station. It started at a gruelling five kilometres an hour, but picked up the pace as technicians made their checks. CRL Chief Executive Patrick Brockie says it will open in 2026, but he won't be more specific. "The last year is complex, we've got a lot to do still and

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4:36

Tex Edwards: MonopolyWatch research director on the...

Best of Business ·

2025/02/13

There's hopes a fresh call for reform to break our supermarket duopoly brings meaningful action. Economic Growth and Finance Minister Nicola Willis has announced a new strategy for creating more competition. The Government is receptive to cracking down on pricing - and helping new entrants access land and properties. MonopolyWatch research director Tex Edwards says the devil will be in the details. "Because there's been an overbuild - unless it's a breakup, you're not going to get what we call price

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4:59

Kris Faafoi: Insurance Council CEO on the rise in...

Best of Business ·

2025/02/13

Rising premiums are pushing more people into considering third party car insurance. The average quote for comprehensive car insurance on comparison website Quashed has increased 41 percent in the past two years. Insurance Council CEO Kris Faafoi says newer cars have more technology attached to them - which contributes to the rising insurance costs. "It depends on the individual situation - the cost of the car, who's driving it, where you're parking it, where you are. These are all factors, but it

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2:58

Jo Learmonth: Wānaka Business Chamber Chair on the...

Best of Business ·

2025/02/12

Wānaka's business community doesn't appear to have been fazed by the now unlikely prospect of McDonalds setting up shop in town. The fast-food giant has had its resource application to open in the town declined after 90% of submissions opposed the idea. Wānaka Business Chamber Chair Jo Learmonth told Mike Hosking there was a variety of opinions in their community survey. But she says most indicated they don't see it impacting their business, or the business economy. McDonalds has two weeks to

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5:14

Pattrick Smellie: BusinessDesk managing editor on the...

Best of Business ·

2025/02/12

It's looking more likely that NZ First is on board with the new rules for foreign investors - including a shake-up for overseas buyers of property. New reports claim NZ First is set to agree to allow wealthy people to purchase homes over a certain threshold - it's rumoured to be $5 million. BusinessDesk's Pattrick Smellie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:59

Jeremy Hutton: Milford Asset Management Equities...

Best of Business ·

2025/02/12

The upcoming reporting season looks likely to reflect the tough times seen in the economy in the second half of last year, yet company 'outlook' statements may provide some optimism for the year ahead. The season – comprising mostly second-half 2024 results – gets under way this week, and it's widely expected most major companies won't do too well. Milford Asset Management's Jeremy Hutton explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:56

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2025/02/12

The Government is running the ruler over the way the Accident Compensation Corporation manages its $50 billion investment portfolio. The newly appointed minister responsible for the state injury insurer, Andrew Bayly, has commissioned consultants at Willis Towers Watson to review the performance of the Accident Compensation Corporation’s investments, its governance, and the approach it takes to managing its investments. NZ Herald Wellington business editor Jenee Tibshraeny explains further. LISTEN

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6:28

Vittoria Short: ASB CEO on the bank's interim net...

Best of Business ·

2025/02/12

ASB is reporting a one percent increase in net profit, for last year's second half. Profit margins remained flat, but home lending grew five percent and business and rural lending increased two percent. CEO Vittoria Short says this is a sign the economy is turning a corner for the better after a lengthy downturn. "Inflation's back in target range, we know that the OCR or interest rates are moving downwards to more neutral levels and what we can see is that our customers, who have been doing it tough

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14:24

Gareth Abdinor: Director of Abdinor Employment Law on...

Best of Business ·

2025/02/12

More and more companies are mandating their workers return to the office after months or years of working remotely - and these moves are proving controversial. It can be jarring to have to deal with a lengthy commute and all the additional costs that can come with it, but one expert has revealed how workers can address these changes. Gareth Abdinor, Director of Abdinor Employment Law, joined the Afternoons team to explain further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:04

Brad Olsen: Infometics Principal Economist outlines...

Best of Business ·

2025/02/11

The Prime Minister has copped some backlash over the state of the economy during his morning media round. This follows two disappointing showings for the coalition in the polls, with Chris Luxon's standing as preferred Prime Minister taking a hit. Luxon has stayed optimistic - and Infometics Principal Economist Brad Olsen is hopeful things will turn around later in the year. "Those interest rates are coming down - but it takes a bit of time for everyone to re-fix onto them. And at the same time,

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5:54

Edward Miller: Centre for International Corporate Tax...

Best of Business ·

2025/02/11

Questions have been raised over how much tax Netflix is currently paying in New Zealand. Research indicates there are over 1.3 million Netflix users in New Zealand paying at least $18.50 per month each. However, new reports reveal the company apparently doesn't meet the $11 million revenue threshold to make finances public - indicating Netflix pays a smaller-than-expected tax bill. Edward Miller, an expert from the Centre for International Corporate Tax Accountability and Research, says many Kiwi

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3,595 results

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