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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

2:57

Stuart Nash: Robert Walters Commercial Director on...

Best of Business ·

2024/09/10

'Chrono-working' could be the next employment fad to wash up in Aotearoa. It lets workers choose their hours dictated by their circadian rhythm, instead of the usual nine to five. Robert Walters Commercial Director Stuart Nash says people have worked to circadian rhythms for thousands of years. He says working this way optimises output. "What we're saying now is - you know what, the best way to get productivity out of the workers is to let them work when they're productive. I will say - this is not

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2:49

Perspective with Heather du Plessis-Allan: We're...

Best of Business ·

2024/09/10

Pattrick Smellie, who has been a regular contributor to this show, is back from his long European sabbatical - and he reckons we need to cheer up in New Zealand.He's written a piece for BusinessDesk saying that the headlines he’s seeing here at home suggest we’re as miserable as we were back in the early 1990s during Ruth Richardson's recession. And he points out that all 9 countries he visited actually had the same problems - race relations, violent crime, failing infrastructure, countless crises,

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3:08

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2024/09/09

Volatility has returned to US markets, with a significant drop on Friday. Weak employment data saw markets price in larger cuts to US official interest rates by the US Federal Reserve - which is due to meet on the 17th of September. Harbour Asset Management's Shane Solly explains further, LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:49

Nicola Waldren: Restaurant Association NZ General...

Best of Business ·

2024/09/09

New research has revealed Auckland eateries have the earliest closing times in the world. According to international food magazine Chef’s Pencil, it's unusual for Auckland restaurants to take bookings past 8:30pm, with many closing up between 9pm or 10.pm Restaurant Association NZ's Nicola Waldren says dining early is a key part of New Zealand's culture - and it's helpful for the restaurants. "Those early diners will come in early, have a quick meal - and that allows them to take advantage of a

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4:38

Megan Singleton: Bloggeratlarge writer on the...

Best of Business ·

2024/09/08

New data reveals prospective visitors to New Zealand are in favour of paying a higher levy to come in. The Government recently announced it plans to lift the tourism levy almost 200 percent to $100 next month. BloggerAtLarge writer Megan Singleton reveals that a poll run by the NZ Travel Tips Facebook page shows people aren't as disappointed with the change as predicted. "A whopping 83 percent said that fee would not stop them from visiting New Zealand. 10 percent said it might affect them in

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10:01

David Seymour: Regulation Minister on the new report...

Best of Business ·

2024/09/07

Regulation Minister David Seymour agrees Kiwis are struggling with current grocery prices - but doesn't think tighter regulations are the solution. The Grocery Commissioner's recent annual report into the market highlighted a lack of competition and meaningful improvement amid soaring costs for consumers. Seymour says more rules and regulations won't help improve the situation. "What we need is more competitors and more competition. Actually, the more rules and regulations you put on them, the less

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11:00

Dougal Sutherland: Is the UK's 4-day working week...

Best of Business ·

2024/09/07

On the face of it the 4-day working week sounds like a good thing, but the devil is in the detail. Recently in the UK the government has indicated they may strengthen workers' rights to request this – however, it’s the right to request 40 hours compressed into 4 10 hour days, rather than 5 8-hour days. Although it might sound attractive at first, I’m not sure this is sustainable in the longer term, particularly for those who have family. If you include travel time, it could be that you end up being

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4:35

Sam Dickie: Fisher Funds expert on the state of the...

Best of Business ·

2024/09/05

The US housing market has been undergoing an unusual period. Various aspects of the sector have been found to be running at different speeds - with new builds selling at significant highs and older homes selling at record lows. Sam Dickie from Fisher Funds explains what's going on with the economy. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:44

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

Best of Business ·

2024/09/05

Global financial market turmoil overnight has come with a silver lining for motorists as oil prices have slumped to their lowest level this year. Cheaper petrol at the pump should follow in coming days after Brent Crude Oil fell 5 percent to US73.74 - a price not seen since mid-December 2023. NZ Herald business editor at large Liam Dann unpacks the economic factors behind the slump. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:24

Dr Rob Hales: Griffith Business School associate...

Best of Business ·

2024/09/05

There's been a growing uptick in corporations ditching their green ambitions. Volvo Cars has abandoned its ambitious target to sell only electric cars by 2030 amid a global slowdown in growth for battery-powered vehicles. Sweden has recently scrapped their aviation tax on airline tickets in a bid to reduce prices and boost availability. Griffith Business School associate professor Dr Rob Hales says more businesses have decided to keep their targets quiet amid accusations of green-washing

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3:09

Maria Slade: BusinessDesk reporter on the release of...

Best of Business ·

2024/09/05

PwC has identified accounting irregularities, complexities and a lack of auditing at failed Auckland property development group, Du Val. This first receiver's report says one area of concern is related-party transactions. BusinessDesk reporter Maria Slade says PwC has identified a $15 million intellectual property transaction between a trust belonging to founders Kenyon and Charlotte Clarke - and another entity. "It was a loan, and apparently there's no accounting records or anything to show where

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6:55

Chris Luxon: Prime Minister on receiving support from...

Best of Business ·

2024/09/05

The Prime Minister's welcoming support from a billionaire admirer. Elon Musk replied to a tweet by Chris Luxon this week - about being in Malaysia. The founder of SpaceX and Tesla wrote he likes the new New Zealand PM, adding he has good energy and talks directly to the public. Speaking from South Korea, Luxon was pleased to hear of the boost. "That's great, I'll take support from anyone. But more importantly, I'm just focused on the job and getting things done." LISTEN ABOVESee

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5:23

Nick Tuffley: ASB chief economist on the outlook of...

Best of Business ·

2024/09/04

A new survey by ASB indicates Kiwis aren't expecting house prices to pick up again anytime soon. According to ASB's Housing Confidence survey, a net 13 percent of respondents believe house prices will go up - down more than 30 percent compared with last quarter. A net 20 percent of respondents now expect lower interest rates and only a net 8 percent think now is a good time to buy. ASB chief economist Nick Tuffley says falling interest rates haven't inspired confidence in sellers. LISTEN ABOVESee

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4:14

Stephanie Batchelor: Milford Asset Management Analyst...

Best of Business ·

2024/09/04

The US market is up almost 20 percent on the year - but big names like Starbucks, Nike, and Lululemon have been struggling. The consumer discretionary sector has jumped 6 percent, with a number of companies being dubbed 'fallen angels'. Milford Asset Management's Stephanie Batchelor explains how investors can proceed. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:52

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/09/04

Savers have rushed to lock in high interest rates ahead of the Reserve Bank cutting the OCR for the first time in more than four years. New RBNZ data shows households put an extra $2.1 billion in term deposits in July - which saw the amount of money held in term deposits rise to a record $136 billion. NZ Herald Wellington business editor Jenee Tibshraeny explains why people have been making these choices. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:20

Andrew Bayly: Commerce Minister outlines solutions to...

Best of Business ·

2024/09/04

The Commerce Minister says a third big player in our supermarket sector is unlikely to come from overseas. A first annual Commerce Commission report on the grocery market has found no meaningful improvement in competition. It wants New Zealand's two major operators - Foodstuffs and Woolworths - pressured more and for it to be made it easier for a third to enter. Minister Andrew Bayly says overseas giants like Aldi aren't interested in moving over to New Zealand. "I've been talking to one or two

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6:09

Pierre van Heerden: Grocery Commissioner on the...

Best of Business ·

2024/09/04

The Grocery Commissioner says the returns our big supermarkets get on assets is about double what overseas equivalents make. The Commerce Commission's first annual report into the grocery market shows competition hasn't meaningfully improved. It flags increasing margins and high profitability. Pierre van Heerden says overseas grocers make less because they have more competition. "The return on assets is about 11 percent vs 5.5-6 percent overseas." LISTEN ABOVESee omnystudio.com/listener for privacy

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4:02

Paul Bloxham: HSBC chief economist ahead of...

Best of Business ·

2024/09/03

Australia's GDP data is set to be released tomorrow - and experts are outlining their predictions. This follows last week's inflation data, which is currently at 3.8 percent for the year to July. HSBC chief economist Paul Bloxham is predicting weak economic growth, but rate cuts aren't looking very likely. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:17

Jamie Mackay: The Country host on the possibility of...

Best of Business ·

2024/09/03

Growing global demand for dairy products and a flat milk supply could be setting the stage for a near-record farm gate milk price this season. With nine months left in the 2024-2025 season, Jarden and ANZ have outlined their predictions ahead of the latest GDT austion. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:50

Brad Olsen: Infometrics principal economist unpacks...

Best of Business ·

2024/09/03

New Zealand's chief financial officers have revealed their thoughts in a first of its kind survey. Hunter Campbell's report reveals 42 percent expect challenging conditions with positive opportunities over the next year. The survey also revealed 41 percent of CFOs met or exceeded their revenue growth target in 2024. Infometrics Brad Olsen says they provided a range of concerns including costs, regulation, infrastructure and crime. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3,595 results

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