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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

3:57

Jamie Mackay: The Country host on Shane Jones...

Best of Business ·

2024/07/18

Regional Development Minister Shane Jones is set to begin a 15-stop tour next month to promote the Government's $1.2 billion fund for regional infrastructure. The Regional Infrastructure Fund will be spent over a three-year period and aims to fund projects designed around boosting growth, productivity and resilience. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:06

Callum Mallett: SkyCity Chief Operating Officer...

Best of Business ·

2024/07/18

SkyCity is apologising for failing to intervene with a repeat player in Auckland. A customer complained to Internal Affairs after gambling went continuously unnoticed on 23 occasions. SkyCity says a system failure meant they went undetected - and it's committed to improving its harm minimisation technology. Chief Operating Officer Callum Mallett says they'll close the casino for five days to work with the Department of Internal Affairs on how to improve. "We have an obligation at the five-hour mark

en-US

5:52

Gavin Grey: UK correspondent on UK inflation figures...

Best of Business ·

2024/07/17

Over in the UK, inflation has held steady at 2 percent - prompting calls for interest rate cuts. Prices across all sectors have taken a dive, with hotel stays being the lone exception. UK correspondent Gavin Grey outlines his prediction for when cuts will come. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:43

Sharon Zollner: ANZ Chief Economist on the bank...

Best of Business ·

2024/07/17

ANZ is the latest major bank to bring their interest rate cut predictions forward as the mood towards the economy changes. The bank has forecasted a 25 basis point rate cut from the Reserve Bank by November of this year. ANZ Chief Economist Sharon Zollner says today's dip in inflation shows the tide is turning. "While it's true that domestic inflation is a smidge higher than the Reserve Bank expected, it looked like it was just technical factors - and the other part of inflation, the important bit,

en-US

4:02

Sam Trethewey: Milford Asset Management Portfolio...

Best of Business ·

2024/07/17

Today's CPI data report prompted positive responses from experts - as it signalled a decline in inflation. CPI increased 3.3 percent in the year to June, down from 4 percent annually to March. Milford Asset Management's Sam Trethewey explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

8:47

Billie Moore: Air New Zealand Airports Association...

Best of Business ·

2024/07/17

The Commerce Commission says Auckland Airport’s proposed charge increases to fund infrastructure are 'too high'. In a statement released this morning, the commission said the five year pricing path is not reasonable and the airport was on track for an excess profit of $200m. Air New Zealand Airports Association CEO Billie Moore says the airport will have to undergo an additional consultation process before the next report is finalised. LISTEN ABOVESee omnystudio.com/listener for privacy

en-US

4:05

Nicola Willis: Finance Minister unveils plan to...

Best of Business ·

2024/07/17

The Finance Minister says the Government has a plan to tackle non-tradeable inflation. CPI increased 3.3 percent in the year to June, a fall from the 4 percent rise in the year to March. Nicola Willis says things like higher rents are sticking around. She says they want to help push that inflation down with more housing supply. "That's what will ultimately push rents lower - and we are conducting significant reforms to ensure that more homes can be built more cheaply." Meanwhile, ANZ has already

en-US

8:38

John Tookey: AUT construction professor on the...

Best of Business ·

2024/07/16

The Government has confirmed it plans to roll back insulation standards amid concern about cost blowouts for new builds. The current standards, introduced in May 2023, have been estimated to save homes over 40 percent on heating. AUT construction professor John Tookey is sceptical about this idea. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:52

Brad Olsen: Infometrics Principal Economist ahead of...

Best of Business ·

2024/07/16

Tomorrow's CPI announcement is set to reveal whether or not New Zealand is making headway with its war on inflation. Stats NZ will publish the Q2 consumers price inflation figures, helping the Reserve Bank determine future OCR decisions. Infometrics Principal Economist Brad Olsen outlines his predictions - and how they'll impact Kiwi households. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

2:40

Paul Robinson: Thorndon Quay Collective chairman on...

Best of Business ·

2024/07/15

Wellington City Council has been found to be in the wrong in a battle involving a cycleway and parking space. A group of businesses on Thorndon Quay opposed findings of a judicial review over the move to slash car parks near shops. The court's ruled the council was not compliant with its legal obligations in deciding to cut back the number of carparks. Thorndon retailer Paul Robinson told Mike Hosking he's hoping for an independent review of the decision-making process. He says a petition

en-US

5:56

Marisa Bidois: Restaurant Association CEO explains...

Best of Business ·

2024/07/13

Rising business costs and cash-strapped consumers have forced a number of Kiwi hospitality businesses to close their doors. Auckland's SPQR recently closed its doors for good, following liquidators being appointed to the establishment. Restaurant Association CEO Marisa Bidois says the last three years have been particularly challenging for the hospitality industry. "To be frank, we're still in a recovery position. You saw the impacts that Covid had on hospitality, and then shortly after that, many

en-US

4:52

Sam Dickie: Fisher Funds expert on what Mastercard's...

Best of Business ·

2024/07/11

One expert explains how Mastercard's market performance is impacted by the concerns global investors have raised. Recently, investors have been focused on slower economic growth expectations in the US, as well as regulatory risk and the impact this has on new technology like open banking. Sam Dickie from Fisher Funds explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:56

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

Best of Business ·

2024/07/11

Economists say falling food prices are a certain sign inflation's going down - but we may have to wait to get the full picture. Annual food prices have decreased for the first time in six years - sliding 0.3 percent in the year ending June. Despite this, NZ Herald business editor at large Liam Dann says more data in other industries is needed to confirm if inflation is reducing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:27

George Adams: Synlait chairperson on the company's...

Best of Business ·

2024/07/11

Synlait Milk will live to see another day after winning shareholder approval for a last-minute loan. The shareholders have approved the company taking out a $130 million loan from Bright Dairy, after a nail-biting waiting period. Synlait chairperson George Adams is 'relieved' the vote worked out. "It wasn't close at all, actually. We had 99.6 percent of our shareholders voting in favour. So it was a landslide." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:26

Leanne Geraghty: Air New Zealand Chief Sales Officer...

Best of Business ·

2024/07/11

Air New Zealand entered the G-string debate and added 41,000 more seats to the Pacific this summer. The move comes after a New Plymouth swimming pool considered banning g-string bikinis following a petition from a concerned mum. Air New Zealand Chief Sales Officer Leanne Geraghty says they saw an opportunity and took it, claiming customers should have freedom of choice when it comes to swimwear. "We were just having a little bit of cheeky fun - we're not going to try and offend anyone, but we think

en-US

2:45

Katlyn Parker: Milford Asset Management expert on the...

Best of Business ·

2024/07/10

The Reserve Bank's decision to leave the OCR in place was in line with expectations - but their tone caught markets by surprise. The Bank indicated inflation could return to the one-to-three percent threshold by the end of the year, and cuts could be coming sooner than predicted. Milford Asset Management's Katlyn Parker explains further. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

4:08

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/07/10

The light at the end of the tunnel could be in sight for mortgage holders after today's OCR update. The Reserve Bank left rates unchanged at 5.5 percent - but the bank has hinted cuts could be coming sooner than initially predicted. NZ Herald Wellington business editor Jenee Tibshraeny explains how the Reserve Bank's change in tone could impact borrowers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:50

Mark Hopper: Federated Farmers national board member...

Best of Business ·

2024/07/10

Oceans and Fisheries Minister Shane Jones has agreed New Zealand's dairy sector is 'capped out' - and investing in aquaculture is the way to go. In an interview with Newsroom, Jones claimed the aquaculture sector faced fewer barriers and offered more opportunities than other primary industries- including wool, dairy and meat. Mark Hopper from Federated Farmers says there's opportunity in aquaculture, but we shouldn't give up on the dairy sector. "We really want to get back into a position where we

en-US

1:57

Jarrod Kerr: Kiwibank economist predicts OCR will be...

Best of Business ·

2024/07/10

There's some potential light at the end of the tunnel for mortgage holders after today's Reserve Bank update. The OCR's been held in place at 5.5 percent - the eighth pause in a row. However, the Bank's tone has softened, with experts predicting inflation will make the one-to-three percent target by the end of this year. Kiwibank Chief Economist Jarrod Kerr says his bank's sticking to its November forecast for an OCR reduction. "The commentary that we saw out of the Reserve Bank today suggests

en-US

3:50

Jamie Mackay: The Country host ahead of the crucial...

Best of Business ·

2024/07/09

The future of South Island dairy company Synlait Milk is up in the air ahead of a crucial vote to ensure its survival. A special shareholders meeting will be held on Thursday to approve a $130 million loan from its biggest shareholder, China's Bright Dairy. The Country's Jamie Mackay speculates which direction the voters will go. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,595 results

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