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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

5:14

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2024/07/29

New inflation data out of the US has experts speculating potential rate cuts in the coming months. The Federal Reserve is set to meet on Thursday - and it's likely they'll offer an update about when rate cuts will come. Harbour Asset Management's Shane Solly explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:25

Cathie Cottle: Kind Café owner says cost of living...

Best of Business ·

2024/07/29

An Auckland plant-based café is beefing up its menu, hoping to increase customers and reduce production costs. Kind Café says the cost of living has forced the change. Owner Cathie Cottle says they're hoping it'll be temporary - and the café will be able to later return to its principles. She says vegetarian options tend to be more expensive than meat. "Our chefs had to go to a lot of effort to make our own courses, there's a whole lot of things that cannot just be bought as easily." LISTEN ABOVESee

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5:16

Dr Kioumars Ghamkhar: AgResearch expert on the new...

Best of Business ·

2024/07/28

New technology using AI and lasers is helping growers to safely tackle weeds without resorting to harmful chemicals. Map and Zap detects weeds and kills them with a laser - leaving no chemical residue in the soil and not releasing additional carbon. AgResearch expert Dr Kioumars Ghamkhar says the trials have been successful so far. "In vineyards, you don't kill all weeds. You want to keep clover, for instance, because it fixes nitrogen and it's good for the soil. That gave us the option to kill

en-US

4:21

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

Best of Business ·

2024/07/25

New Zealand's share market is taking a turn for the better. New data indicates the NZX 50 has gone up by almost 6 percent in the past month - and economists are feeling optimistic about this reporting season. NZ Herald business editor at large Liam Dann explains this change in direction. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:04

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/07/24

The Government has dropped further hints it isn’t opposed to diluting its 100% ownership of Kiwibank to enable it to grow. While Kiwibank is expanding, it needs a lot more capital to be the disrupter it was set up to be to challenge the big four Australian-owned banks. NZ Herald Wellington business editor Jenee Tibshraeny speculates about the Government's next steps. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:09

Kelvin Davidson: CoreLogic chief property economist...

Best of Business ·

2024/07/24

New data indicates the financial pressures are easing on renters. Rental prices have decreased for the first time since 2022, according to Trade Me’s Rental Price Index for June 2024. CoreLogic chief property economist Kelvin Davidson says this is a sign the rental market has shifted in favour of tenants. "There's a bit less demand out there and a bit more supply - so we have seen rents slow. They may not necessarily fall over the longer term, but I'd say they've flattened out." LISTEN ABOVE See

en-US

3:41

Jamie Mackay: The Country host on Waikato-based...

Best of Business ·

2024/07/23

A Waikato-based sheep milk company has managed to gain brand registration for its infant milk formula in China. Spring Sheep will be able to directly import and distribute infant formula to China - and increase export volumes long-term. The Country's Jamie Mackay explains the significance of this deal. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:52

Brad Olsen: Infometrics Principal Economist on the...

Best of Business ·

2024/07/23

One expert has voiced approval with the Commerce Commission's plan to regulate PayWave and online credit card fees. The watchdog says capped fees could save Kiwis $250 million dollars, from the $1 billion a year they spend in-store and online. Infometrics Principal Economist Brad Olsen says these changes are neceesary. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:30

Greg Smith: Devon Funds Management expert unpacks the...

Best of Business ·

2024/07/23

Details surrounding the Warehouse takeover offer have been revealed. Australian private equity firm Adamantem Capital Management has offered to buy the business for $1.50 to $1.70 a share, valuing it at a total of $590 million. Greg Smith from Devon Funds Management has labelled this move 'opportunistic' as the retail sector struggles. "They haven't even got a CEO - it does seem to be quite opportunistic, particularly if you've got a ray of light for the retail sector if we do get that rate cut from

en-US

4:15

John Small: Commerce Commission chair on the...

Best of Business ·

2024/07/23

The Commerce Commission is looking into regulating fees for PayWave and online card payments. The market watchdog says adding regulation could save Kiwis $250 million dollars, from the $1 billion a year they spend on fees in-store and online. Chair John Small says they're exploring changes that could reduce surcharges to 0.7 percent. "Part of what we're doing here is trying to simplify these rates so that the merchants know much more clearly what's costing them - and then that allows buyers to know

en-US

5:25

Charlotte Ward: Kiwibank Chief People Officer...

Best of Business ·

2024/07/23

Many Kiwis are concerned the costs of being a parent have reached an unreasonable level. According to new research from Kiwibank, 70 percent of people believe the financial and child-care pressures on parents have gotten harder in the modern world. Kiwibank's Chief People Officer, Charlotte Ward, says people feel there's a 'penalty' that comes with choosing parenthood. "We know from phrases like 'the motherhood penalty' that this actually does disproportionately affect women. Also, 55 percent of

en-US

7:03

Andrew Hoggard: Minister for Food Safety on the...

Best of Business ·

2024/07/22

New Zealand's Minister for Food Safety doesn't approve of some proposed changes impacting the distribution of infant formula. Food Standards Australia New Zealand has written a lengthy proposal to overhaul formula regulations, including changes to how formula can be labelled and where it can be sold. Ministers from Australia and New Zealand will meet this week to discuss the proposal - which will come into effect unless a review is called for. Minister Andrew Hoggard says he's not in favour of the

en-US

4:08

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2024/07/22

The US dollar and Treasuries are likely to see a knee-jerk bid higher after Joe Biden dropped his re-election bid. Investors will see this development as bringing a fresh level of uncertainty about the final outcome of the US elections. Shane Solly from Harbour Asset Management says this is definitely a spanner in the works. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:32

Nicola Willis: Finance Minister voices disapproval...

Best of Business ·

2024/07/22

The Government is strongly opposing proposed changes to infant formula laws. Minister from Australia and New Zealand will meet this week to discuss a 400-page proposal, which would overhaul baby formula regulation - including labelling laws. Some groups fear it would cause plain-packaging and cripple New Zealand's exports. Finance Minister Nicola Willis says the impacts would be too severe. "There is no way that we can support a provision which would wipe potentially $2 billion of export revenue

en-US

2:25

Oliver Mander: Shareholders' Association CEO unsure...

Best of Business ·

2024/07/22

It's unclear what the Warehouse Group's next steps will be. Founder Sir Stephen Tindall, who remains a majority shareholder, has shown potential interest in acquiring its shares with Andamantem Capital Partners. The company has confirmed it's received an approach, and is advising investors not to sell shares, pending further advice from directors. Shareholders' Association CEO Oliver Mander says they're not sure what to make of the approach. "We don't know what it is, it's not a classic non-binding

en-US

4:49

Megan Singleton: BloggerAtLarge writer with her tips...

Best of Business ·

2024/07/21

Kiwi businessman Mat Weir's First Table allows Kiwis to get a taste of affordable fine dining. Founded in 2014, the platform connects diners with venues - with an offer of 50 percent off the bill on the first table of the night. BloggerAtLarge's Megan Singleton takes a look at the dining options available to customers - read more about her experience with the platform here. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:17

Carolyn Young: Retail NZ CEO on the impact of...

Best of Business ·

2024/07/20

New Zealand's retail sector is still reeling from shock after Friday's unexpected outage. Businesses all over the world were impacted after a CrowdStrike update shut down transaction services for thousands of stores. Retail NZ CEO Carolyn Young says it's hard to know if something of this scale could have been prevented. "When something cuts down the line so quickly, it's very difficult to manage that when it's outside your control." LISTEN ABOVESee omnystudio.com/listener for privacy

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7:50

Paul Spain: tech commentator on the wider consquences...

Best of Business ·

2024/07/20

Many companies are still recovering after Friday's global IT outage impacted retailers, banks - and even airlines. Friday's update by cyber security firm CrowdStrike created technical problems for several major businesses, resulting in the company's value dropping by $20 billion. Tech commentator Paul Spain says many companies will see the risks of putting all their IT in one basket - and attempt to rectify that. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:40

Sam Dickie: Fisher Funds expert on the hype around AI

Best of Business ·

2024/07/18

The AI boom is continuing to hype up investors, as new developments keep occurring. The rise of AI in art, literature, media and even medicine has experts speculating about future developments. Fisher Funds expert Sam Dickie unpacks the phenomenon - and the long-term implications of the technology. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:36

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

Best of Business ·

2024/07/18

The first liquidators' report on Auckland's SPQR shows it owes creditors $2.24 million. The Ponsonby eatery was placed into liquidation last Thursday by special resolution of the shareholders and is no longer trading. NZ Herald business editor at large Liam Dann says this is a sign of the times, as several iconic Auckland eateries have yet to recover from Covid and the economic downturn. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,595 results

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