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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.

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All Episodes

5:50

Bharat Chawla: India NZ Business Council chair on...

Best of Business ·

2025/01/22

New reports indicate the Indian Government is sounding out the nation's biggest businesses to determine how they feel about a trade agreement with New Zealand. The Indian Government reportedly sent an email to members of the Federation of Indian Chambers of Commerce and Industry asking for feedback on the idea of starting negotiations with NZ on a free trade agreement. India NZ Business Council chair Bharat Chawla explains what this could mean going forward. LISTEN ABOVESee omnystudio.com/listener

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8:09

Duncan Grieve: Spinoff founder expects more industry...

Best of Business ·

2025/01/22

A media commentator says cuts at NZME are just the latest in a troubled industry. NZ Herald and Newstalk ZB owner NZME is proposing a restructure, with a net loss of about 38 roles. Spinoff founder Duncan Grieve says all around the world massive cuts are taking place while other brands disappear completely. He says it's not a problem which is likely to go away. "It wouldn't shock me if this was just setting off another year of that - and it might not be anything like the biggest we're going to see."

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3:13

Gareth Kiernan: Infometrics Chief Forecaster hopeful...

Best of Business ·

2025/01/22

Confidence another substantial Official Cash Rate cut's on the cards, with today's figures showing inflation is still under control. Stats NZ says the rate for the year to December remained unchanged at 2.2 percent. Inflation is well down from the 2022 high of 7.3 percent, but still higher than the 1.5 percent reached in 2021. Infometrics Chief Forecaster Gareth Kiernan says he's confident the Reserve Bank will slice 50 basis points from the OCR in February. "Non-tradeable inflation is still coming

en-US

6:13

Liam Dann: NZ Herald Business editor on the inflation...

Best of Business ·

2025/01/21

There’s a belief we're still yet to reap the benefits of having inflation under control. Latest Stats NZ figures show the inflation rate for the year to December was 2.2%, unchanged from September. Inflation is well down on the once-in-a-generation high of 7.3% of just two and a half years ago. The Herald's Liam Dann told John McDonald we're still yet to see many prices come down. He says rents are still up for example, but they should be coming down with a struggling property market. LISTEN

en-US

6:36

Enda Brady: UK correspondent on Donald Trump's return...

Best of Business ·

2025/01/21

Business executives, academics, Government officials and civic leaders are expected to gather in Switzerland for the World Economic forum - and there's one key name on everyone's lips. Donald Trump's return to the White House is set to be a topic of discussion, with experts set to participate in an upcoming '47th US Presidency, Early Thoughts' panel. UK correspondent Enda Brady says wars, misinformation and climate change are also expected to be discussed at length. LISTEN ABOVESee

en-US

5:49

Paul Bloxham: HSBC chief economist on Australia's...

Best of Business ·

2025/01/21

Over in Australia, the unemployment rate increased to 4 percent in December - raising questions ahead of a potential interest rate cut next month. Unemployment is one of the key metrics the RBA uses to inform interest rate settings, and a weakening market could encourage the central bank to reduce rates. HSBC chief economist Paul Bloxham explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:26

Jamie Mackay: The Country host on what Donald Trump's...

Best of Business ·

2025/01/21

It's been a big week for the US, with Donald Trump returning to the Oval Office for his second term as US President. His plan for tariffs has sparked concern among many key industries, with Kiwi farmers wondering what this means for one of New Zealand's biggest red meat markets. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:57

Brad Olsen: Infometrics Principal Economist on retail...

Best of Business ·

2025/01/21

Economists have revealed retail spending numbers were better than expected for the month of December. The total value of electronic card spending, including in non-retail services and other non-retail categories, rose a seasonally adjusted 1.5 percent to $9.23 billion in December from November, according to Stats NZ. That brought total spending in line with levels last seen in November 2023. Infometrics Principal Economist Brad Olsen says this is a sign green shoots are returning to the economy

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5:51

Megan Alexander: Robert Half Managing Director offers...

Best of Business ·

2025/01/21

It's a tough market for people on the job hunt in today's climate. Seek data shows job ads fell 2 percent in December - and were down 22 percent compared to December 2023. Recent surveys also indicated at least 64 percent of employees are also hoping for a pay rise this year. Robert Half Managing Director Megan Alexander says applicants need to demonstrate proactivity and initiative - and follow through on the promises made in interviews. "You have to definitely have the full package in today's

en-US

5:08

Catherine McGrath: Westpac chief executive on the...

Best of Business ·

2025/01/21

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution. A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services. The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking. Chief executive Catherine McGrath says it matches a UK offering, with specific features. "The don't have overdrafts, the types of

en-US

8:02

Margaret Cooney: Octopus Energy Chief Operating...

Best of Business ·

2025/01/20

New Zealand's energy sector is hoping Prime Minister Luxon's Cabinet reshuffle will lead to potential solutions to the country's energy crisis. Yesterday's shake-up resulted in Climate Change Minister Simon Watts picking up the energy portfolio from Simeon Brown. Octopus Energy's Margaret Cooney says more innovation is needed to boost the sector. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:09

Jarrod Kerr: Kiwibank Chief Economist previews...

Best of Business ·

2025/01/20

This week's inflation data will set the economic tone for the new year, but experts are hoping the final months of 2024 brought positive results. The latest inflation results from the December quarter will be out this Wednesday, and there's hope enough steam has been let out of the economy. Kiwibank Chief Economist Jarrod Kerr explains what we can expect. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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10:31

Nicola Willis: Finance Minister outlines plans for...

Best of Business ·

2025/01/20

Nicola Willis says her new role in Cabinet is all about driving New Zealand's growth. The Finance Minister has been given the Economic Growth portfolio, formerly known as the Economic Development portfolio It's been taken off Melissa Lee - who's been stripped of all ministerial responsibilities. Willis says she'll now be taking the lead at the Ministry of Business, Innovation and Employment. "Through that role, I will be making sure that we're responding to businesses, industries, small business

en-US

3:54

Jazz Thornton: Influencer and mental health advocate...

Best of Business ·

2025/01/20

Online stars are scrambling to change platforms amid uncertainty about TikTok. The Chinese social media platform 'went dark' yesterday because of a US ban that aimed to force its sale to a neutral party. Access is being restored after Donald Trump promised to delay enforcement. TikTok influencer and mental health advocate, Jazz Thornton, says the US ban affects New Zealanders by reducing engagement. She says she's diversified by using YouTube. "For security - but also to be able to continue to reach

en-US

13:18

Bruce Weir: urban planner and strategic development...

Best of Business ·

2025/01/18

An industry expert says lack of windows and poor ventilation in newly built homes is putting Kiwis at risk. Concerns have been raised as more terraced houses in Auckland are overheating - causing discomfort and potential health issues for residents. Independent urban planner and strategic development expert Bruce Weir says it's difficult to address overheating once houses have been built. "You can never get higher ceilings back - once you build a building, that's it. The issue really is that

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4:11

Brad Olsen: Infometrics Principle Economist on the...

Best of Business ·

2025/01/14

Businesses are feeling optimistic they could be in for a better 2025. The latest Quarterly Survey of Business Opinion from the Institute of Economic Research reveals a net 9% of firms are expecting general economic conditions to improve. This is a jump from a net 4% feeling downbeat three months prior. Infometrics’ Brad Olsen told Tim Beveridge that it’s definitely a good sign, however at the same time, around 26% of businesses said they had less business activity in the December quarter. He says

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5:54

Brad Olsen: Infometrics Principal Economist on the US...

Best of Business ·

2025/01/12

The strong US jobs report is out and raising questions about further interest rate cuts. A quarter of a million jobs were added to the market in December, causing the unemployment rate to drop to 4.1%. As employment rose stock prices fell as a result of such strong labour market data. Economist Brad Olsen joins the show to discuss how this will affect New Zealand, the Prime Ministers trip to the UAE and oil prices rising 3% over the weekend. LISTEN ABOVE.See omnystudio.com/listener for privacy

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3:47

Best of 2024: Greens caught asking to use private...

Best of Business ·

2024/12/30

Several Greens members have been caught asking to use the private carparks belonging to Wellington retailers for a party event. These retailers were impacted by Green-led cycleway project, which took away on-street parking in the area. Independent Business and Residential Group chairwoman Urmila Bhana says this cycleway has negatively impacted several businesses. "Businesses are down 60, 80, 100 percent, they're either moving, closing, or heading into liquidation. And that's nothing to do with the

en-US

7:49

Best of 2024: Transport planner details the...

Best of Business ·

2024/12/25

One transport planner is looking into the feasibility of a fixed link between New Zealand's two islands. KiwiRail are officially cancelling an overseas contract for building more mega-ferries, after the Government declined to foot the bill. Nicolas Reid, the Principal Public Transport Planner for MRCagney, says there are other options available to cross the Cook Strait. "There's options around the existing ferries and expanding those ferries, and also moving to a fixed link such as a bridge or a

en-US

6:55

Sam Dickie: Fisher Funds expert on the US Federal...

Best of Business ·

2024/12/19

Over in the US, share prices have slumped after the US Federal Reserve hinted at a slower than expected pace for rate cuts in the new year. The Federal Reserve set its key lending rate in a target range of 4.25 percent to 4.5 percent - down a full percentage point since September. Fisher Funds expert Sam Dickie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

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