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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

6:37

Nicola Willis: Finance Minister pleased with Mood of...

Best of Business ·

2024/10/03

The Finance Minister is pleased the nation's business heavyweights share her values and priorities. The Herald's annual Mood of the Boardroom survey has found CEOs and board members are more optimistic than pessimistic about the economy. But they still have concerns about things like energy, living costs, interest rates, cyber security threats and insurance costs. Nicola Willis says it's good to see New Zealand's business community agrees with the Government's optimism about the economy. "They're

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2:58

Annabel Turley: Christchurch Business Association...

Best of Business ·

2024/10/02

Christchurch's Business Association is calling out the food truck plans of the city's Arts Centre. The centre's applied for licences for 33 trucks to operate 12 hours a day, seven days a week. But the Christchurch Business Association believes this is unfair, with chair Annabel Turley saying city businesses are subsidising the Arts Centre. She told Heather du Plessis-Allan that the centre is getting $5.5 million over the next decade, and the rate differential for commercial compared to residential

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3:46

Dame Joan Withers: Warehouse Group Chairperson on the...

Best of Business ·

2024/10/02

Senior business leaders are rating Christopher Luxon well on keeping his Cabinet focused on delivery, and Education Minister Erica Stanford well on performance. More than 100 CEOs and board chairs have been quizzed for today's Mood of the Boardroom survey. They've identified energy prices as their biggest concern, followed by the cost of living. Dame Joan Withers, Chairperson for the Warehouse Group, told Heather du Plessis-Allan that they’ve one incredibly well, and have addressed key issues up

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3:50

Jeremy Hutton: Milford Asset Management Equities...

Best of Business ·

2024/10/02

A proposal to re-develop Marsden Point's decommissioned refinery is being considered. Channel Infrastructure NZ recently entered a conditional agreement with Seadra Energy to create a bio-refinery at the Northland site. Seadra would purchase it for about $53-million and use some existing, decommissioned assets like tankage and jetties. Milford Asset Management's Jeremy Hutton unpacks what this could look like. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:02

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/10/02

Politicians of all stripes say the Government shouldn’t try to stop the values of properties vulnerable to the effects of climate change from plummeting. In fact, they believe there is room for at-risk property values to fall further to discourage investment in flood-prone parts of the country. NZ Herald Wellington business editor Jenee Tibshraeny unpacks these findings further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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9:07

Malcolm Fleming: NZ Certified Builders CEO on the...

Best of Business ·

2024/10/02

The Government has continued its push to increase the use of remote building inspections to speed up the construction and consenting process. Building and Construction Minister Chris Penk has voiced disapproval with the current process - and claimed that remote inspections will make the building process more efficient and affordable. NZ Certified Builders CEO Malcolm Fleming says this process works well in remote parts of the country - or high-congestion areas like Auckland CBD. LISTEN ABOVESee

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6:16

Stephen England-Hall: Genesis Energy chief retail...

Best of Business ·

2024/10/02

Genesis Energy has confirmed it willspend $64 million on taking a majority stake in ChargeNet - the nation's leading EV public charging network. Under terms of the agreement, Genesis will acquire a 65 percent stake in ChargeNet, which was founded in 2015 by tech entrepreneurs Steve and Dianna West. Genesis chief retail officer Stephen England-Hall says decarbonising New Zealand's transport output is critical to the country's future. LISTEN ABOVESee omnystudio.com/listener for privacy

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3:43

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

Best of Business ·

2024/10/01

Australian retail sales rebounded by more than expected in August as warmer weather brought forward spring spending after a midwinter slump. According to the Australian Bureau of Statistics, retail sales rose 0.7 percent - beating out initial predictions of 0.4 percent. HSBC chief economist Paul Bloxham says it's clear recent tax cuts have driven up consumer spending. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:40

Brad Olsen: Infometrics Principal Economist on the...

Best of Business ·

2024/10/01

Construction continues to slow, although consents for office and public transport buildings have risen 26 percent. Stats NZ says new home consents dropped 20 percent in the year to August - and standalone new builds fell 9.7 percent. Consents for townhouses, apartments, retirement village units, and flats are down 27 percent. Infometrics Principal Economist Brad Olsen unpacks the factors behind the decline. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:19

Jamie Mackay: The Country host expects another...

Best of Business ·

2024/10/01

Another Global Dairy Trade auction is expected to take place tonight - and experts are predicting more good news this time round. There was a substantial life off the back of the previous auction - with a 0.8 percent increase across the board. The Country's Jamie Mackay outlined his predictions ahead of tonight's results. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:52

Christina Leung: NZIER deputy chief executive on the...

Best of Business ·

2024/10/01

NZIER's latest Quarterly Survey of Business Opinion (QSBO) shows a marked improvement in business confidence in the September quarter. A net 5 percent of firms expect a deterioration in general economic conditions over the coming months - a significant drop from the net 40 percent that expected a downturn three months ago. NZIER deputy chief executive Christina Leung says demand was quite weak over the September quarter, but expectations have gone up for the subsequent months. "Expectations for the

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3:28

Chris Quin: Foodstuffs North Island CEO on the...

Best of Business ·

2024/10/01

Foodstuffs has argued a merger blocked by the Commerce Commission would benefit consumers and suppliers. The competition watchdog has decided merging the chain's North and South Island co-ops would substantially lessen competition. Foodstuffs North Island CEO Chris Quin says they're likely to appeal the decision -based on the evidence they have at this point. He says the move would only have changed the support each retailer received. "Which is out of sight of customers and a part of retail

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4:16

Tom Hartmann: Sorted Personal Finance Lead on the...

Best of Business ·

2024/10/01

Kiwis struggling to stay afloat have turned to credit cards to bridge the cap amid an ongoing cost-of-living crisis. New credit card application enquiries have reached their highest level since 2021- and card arrears have jumped 4.4 percent in August. Sorted Personal Finance Lead Tom Hartmann says living costs have increased and bills have piled up - and people feel the need to borrow their way through it. "From power, from kids' sports fees - it could be many different situations. And this is just

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4:53

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2024/09/30

Over in China, regulators recently announced a range of monetary and fiscal stimulus policy changes aimed at fostering economic stabilisation and improving consumer confidence. Official interest rates were cut and the Government announced a number of central bank spending programmes aimed at stabilising housing and supporting consumption. Harbour Asset Management's Shane Solly unpacked these new policy changes - and explained what China's economic growth could mean for New Zealand. LISTEN ABOVESee

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6:39

Grant Watson: Synlait CEO on the company's...

Best of Business ·

2024/09/30

Synlait Milk has reported a net loss of $182.1 million and stumped up with a one-off payment to try to keep supplying South Island farmers. The embattled dairy processor reported its full-year results to July 31 on Monday with revenue up 2 percent to $1.64 billion. It took a total non-cash impairment of $114.6 million during the year against its long-term assets. CEO Grant Watson says the 2024 financial year was a difficult one - but things look to be in a better position for next year. LISTEN

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2:27

Dr Juliet Ansell: NZ Winegrowers Research Centre CEO...

Best of Business ·

2024/09/30

The wine industry is hoping a new programme will help double production. The Government is investing $5.6 million over seven years into the programme, Next Generation Viticulture. It aims to grow vines more efficiently, turning sunlight into grapes. NZ Winegrowers Research Centre CEO Dr Juliet Ansell says it will redesign canopy management. "It enables the vines to capture as much sunlight as they can - and encourage that sunlight to be transformed into fruit, rather than leaves orvegetative

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3:42

Steve Armitage: Hospitality New Zealand CEO on mayor...

Best of Business ·

2024/09/30

Auckland mayor Wayne Brown aims to disestablish the city's tourism and economic development agency. The mayor is progressing plans to fold Tātaki Auckland Unlimited back into council control and reduce its functions. He says the agency spent more than $700,000 on a campaign promoting Auckland to Aucklanders. He says these things need to stop happening with ratepayer money. Hospitality New Zealand CEO Steve Armitage Tātaki says is essential - and plays a pivotal role for the city's tourism. "There

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6:17

Shane Jones: Regional Development Minister unpacks...

Best of Business ·

2024/09/30

There's growing concerns about the future of small town New Zealand - with one expert warning 'tough conversations' are needed. The closure of Winstone Pulp International's Ruapehu mills have cost the region 230 jobs, and the proposed shutdown of Alliance Group’s Smithfield meat processing plant in Timaru could cost over 600 more. Regional Development Minister Shane Jones says the need to achieve certain climate goals is driving down key industries - and negatively impacting regional New Zealand

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5:34

Sam Dickie: Fisher Funds expert on the rise and fall...

Best of Business ·

2024/09/26

Former industry giant Intel used to dominate the computer chip market - with significant presence in the world of PCs and servers. However, the company's market share has plummeted and it runs the risk of being bought out by rivals. Fisher Funds expert Sam Dickie explains what went wrong for the business. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:09

Jamie Mackay: The Country host on Fonterra posting a...

Best of Business ·

2024/09/26

Kiwi dairy farmers can breathe a sigh of relief following Fonterra's successful results. The dairy giant posted a $1.1 billion dollar net profit and confirmed a 55 cent total dividend for the past financial year. The Country's Jamie Mackay explains what this news means for the wider dairy sector. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3,595 results

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