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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

4:03

Andrew Bayly: Commerce and Consumer Affairs Minister...

Best of Business ·

2024/12/05

The Government is looking to crack down on merger rules. The Ministry of Business, Innovation and Employment is reviewing the Commerce Act - which could lead to blocking more proposed mergers and acquisitions. It's also hoping to give the Commerce Commission more teeth. Commerce and Consumer Affairs Minister Andrew Bayley says they're making sure the laws are fit for purpose. "We've got a number of industries where we've got a small number of players who've got very significant market shares - and

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5:09

Lesley Harris: First Home Buyers Club director on the...

Best of Business ·

2024/12/05

One in three first home buyers in New Zealand have received financial help from the Bank of Mum and Dad, new reports claim. A Kiwibank study has found high property prices are keeping young people out of the market - meaning more Gen Z and millennial buyers have turned to parental support to get on the ladder. Lesley Harris from the First Home Buyers Club says the Bank of Mum and Dad remains the nation's biggest lender for young buyers. "We're seeing such a massive disparity between people's incomes

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4:23

Sam Trethewey: Milford Asset Management Portfolio...

Best of Business ·

2024/12/04

It hasn't been a great year for the NZX, but one expert believes things are in place for a better 2025. The reduced interest rates could lead to a better outlook for investors going forward, according to new reports. Milford Asset Management's Sam Trethewey explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:53

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/12/04

The Government has unveiled plans to reduce the amount aggrieved employees can be compensated by their employers – to zero in some cases. Minister Brooke van Velden has detailed proposed changes to the Employment Relations Act, which are aimed at giving egregious employers more power in disputes with employees, who have behaved badly themselves. NZ Herald Wellington business editor Jenee Tibshraeny explains how these changes could impact businesses and workers alike. LISTEN ABOVESee

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4:19

Mark Patterson: Associate Agriculture Minister...

Best of Business ·

2024/12/04

Kāinga Ora has copped some backlash for scrapping wool carpets in favour of nylon synthetics in state houses. The agency has released a request for proposal for companies to provide carpet and underlay for its state homes - but claimed nylon was 34 percent cheaper than wool alternatives. Associate Agriculture Minister Mark Patterson has voiced 'disappointment' with this choice. "We're trying to revitalise the sheep industry, the wool industry - we're starting to make some progress on that, but this

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5:24

Jamie Mackay: The Country host on the bird flu case...

Best of Business ·

2024/12/03

The Ministry for Primary Industries says it's possible there'll be more cases of bird flu at an Otago egg farm. The culling of 80,000 chickens at the Mainland Poultry property in Moeraki will begin tomorrow. The Country's Jamie Mackay explained this won't create too much trouble for the sector - as there's millions of layer hens in the country. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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8:15

John Harman: Lightforce Solar owner reveals why the...

Best of Business ·

2024/12/03

One expert has offered a theory about why SolarZero met the end that it did. The Kiwi-founded solar and battery firm was placed into liquidation - costing over 160 employees their jobs. Lightforce Solar owner John Harman says SolarZero offered an 'amazing' deal for consumers - but economic factors have created additional trouble for the sector. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:19

Murray Olds: Australian correspondent on economists...

Best of Business ·

2024/12/03

Over in Australia, economists have accused the Reserve Bank of mishandling the OCR. Experts claim the central bank has been too focused on keeping unemployment high - impacting the livelihood of hundreds of thousands of Australians. Australian correspondent Murray Olds says the Reserve Bank is in a tough spot - but it can't undo months of progress. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:15

Shane Solly: Harbour Asset Management spokesperson...

Best of Business ·

2024/12/02

President-elect Donald Trump's latest policy announcements continue to have an impact on capital markets. Trump's pick of Scott Bessent as Treasury Secretary sent long-term Government bond yields lower and the US share market higher - as investors felt more confident in a 'seasoned' choice taking on the role. However, his threated tariffs on China, Canada and Mexico created a divided response among investors. Harbour Asset Management's Shane Solly unpacked the 'mixed' reactions to Trump's latest

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1:59

Mike's Minute: Who is breaking up the industry...

Best of Business ·

2024/12/01

The National Public Health Service is exactly what's wrong with this country. The Health Minister, who shouldn't have had to, intervened in their submission to the district council looking at the application for McDonald's in Wanaka. Why was the health service offering a submission? Because the council asked them to. So who is more at fault (the answer is of course both of them), the council for creating work and waste, or the service for creative work and waste? The health service, among other

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5:57

Mike: former SolarZero employee reveals what went...

Best of Business ·

2024/11/28

More details have emerged in the wake of SolarZero’s shock liquidation, which affected 160 employees. The company revealed on Tuesday that the business was unable to continue trading, citing 'unsustainable operating losses and liquidity constraints'. Former employees have since spoken out against the company - and one of them, Mike, has unveiled some concerns ahead of a planned protest tomorrow. "The main thing we want to try and get across is - we were made redundant 4pm on Tuesday, no redundancy,

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3:40

Katlyn Parker: Milford Asset Management Portfolio...

Best of Business ·

2024/11/27

The OCR was slashed by 50 basis points today - but some markets believe it could have gone lower. Some experts believed a chunkier 75 point cut was on the way before the Reserve Bank took its summer break. Milford Asset Management Portfolio Manager Katlyn Parker unpacked the response further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:25

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/11/27

Many mortgage holders will be relieved to hear that the OCR has been brought down by an addition 50 basis points. Despite this, one expert is warning that borrowers might need to keep their enthusiasm about the interest rates in check. NZ Herald Wellington business editor Jenee Tibshraeny explained that there were other factors impacting interest rates. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:17

Brad Olsen: Infometrics Principal Economist on the...

Best of Business ·

2024/11/27

There's questions over what will come next for the OCR after today's 50 basis point cut. The Reserve Bank has hinted more cuts will come in the new year. However, Infometrics Principal Economist Brad Olsen has warned this might not be the right approach. "A lot of economic forecasters are wondering - when do we get back to those more normal and considered steps, given that the economy is already starting to show some early signs of turning around?" LISTEN ABOVESee omnystudio.com/listener for privacy

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6:12

Barry Soper: Newstalk ZB senior political...

Best of Business ·

2024/11/27

Homeowners can expect some relief - as the Reserve Bank cuts the OCR down in its final update of the year. The central bank has slashed the rate 50 basis points today - to sit on 4.25 percent. It's now forecasting 4.1 percent by March next year, 3.6 percent by the end of next year, with an endpoint of 3.1 percent by March 2027. ZB political correspondent Barry Soper says Governor Adrian Orr has warned this will depend on how things track - as the economy is in for a slow recovery. LISTEN ABOVESee

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5:54

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

Best of Business ·

2024/11/27

Some positive news for mortgage holders. The Reserve Bank has cut the Official Cash Rate another 50 basis points to 4.25 percent. ANZ, ASB, BNZ, Kiwibank and The Cooperative Bank have all lowered their rates in response. NZ Herald business editor at large Liam Dann says the central bank is pointing to a few more cuts over the next six months. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:48

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

Best of Business ·

2024/11/26

Donald Trump's return to the White House could lead to a more complex landscape for global food and agricultural trade, according to a new report by Rabobank. Rabobank says the implications of Trump's proposed policy shifts could be potential disruptions to established trade relationships, shifts in export demand, and rising costs for consumers and businesses alike. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:19

Brad Olsen: Infometrics Principal Economist on Donald...

Best of Business ·

2024/11/26

President-elect Donald Trump has threatened to hit Mexico, Canada and China with new tariffs as soon as he takes office. In a post on social media, Trump promised to charge Mexico and Canada an additional 25 percent tariff on all products they send to the US - and an additional 10 percent tariff will be placed on Chinese goods. Infometrics Principal Economist Brad Olsen says these trade changes come with ramifications for the rest of the world - New Zealand included. LISTEN ABOVESee

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3:53

Paul Bloxham: HSBC chief economist outlines...

Best of Business ·

2024/11/26

The Reserve Bank is set to make its final decision for the Official Cash Rate for the year tomorrow afternoon. The general consensus among experts is that the OCR will be cut by at least 50 basis points. HSBC chief economist Paul Bloxham says the Reserve Bank needs to strike the right balance for the economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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85:04

Sarah Trotman, ONZM: What failure teaches us

Best of Business ·

2024/11/26

24 November 2024: Sarah Trotman, ONZM, business leader and elected member on Auckland Council’s Waitematā Local Board, talks to Hamish Williams and psychologist Dr Emma Woodward about how the business world has taught her about anxiety and learning how to fail. With thanks to NZ on Air. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

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