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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

2:43

Gareth Kiernan: Infometrics chief economist...

Best of Business ·

2024/07/09

The Reserve Bank is set to release their latest update regarding the OCR tomorrow afternoon. New Zealand's Official Cash Rate has been held at 5.5 percent for over a year, and economists don't expect that to change. Infometrics chief economist Gareth Kiernan outlined his predictions - and speculated when the Reserve Bank might introduce cuts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:27

Shane Marsh: Dosh co-founder on the company's bid to...

Best of Business ·

2024/07/09

Award-winning finance app Dosh has launched a bid to become New Zealand's first locally-owned digital-only bank. The company has initiated an application to become a registered bank in New Zealand, with the goal of reducing costs for customers by cutting out physical branches. Dosh co-founder Shane Marsh says more and more users have switched over to using digital-only banking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:23

Geof Nightingale: independent tax expert weighs up...

Best of Business ·

2024/07/09

There's speculation that Labour is examining the possible benefits of an inheritance tax ahead of its next party conference. The party has reportedly taken inspiration from Ireland, where people are required to pay a 33 percent tax on gifts or inheritances worth more than €335,000 ($558,00 NZD). Independent tax expert Geof Nightingale says there's good arguments for the tax - but it's not without drawbacks. "It can get very complex to administer, because it's based on valuation. It can drive some

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4:48

George Adams: Synlait chairperson ahead of Thursday's...

Best of Business ·

2024/07/08

Synlait Milk's future is hanging in the balance ahead of an upcoming vote impacting the company. On Thursday, a shareholders meeting will take place to determine if a $130 million dollar loan from China's Bright Dairy will be approved. Synlait chair George Adams unpacks the significance of the upcoming vote. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:44

Shane Solly: Harbour Asset Management spokesperson...

Best of Business ·

2024/07/08

The Reserve Bank is set to deliver its next Monetary Policy Statement regarding the OCR on Wednesday. It's expected the Bank will keep rates on hold for longer, but economists are divided on when the anticipated cuts will come. Harbour Asset Management's Shane Solly says markets are pricing in cuts, which could come between November to next February. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:49

Paul Fuge: Consumer NZ spokesperson calls for...

Best of Business ·

2024/07/08

There's growing calls for power companies to go easier on customers who can't pay their bills. Each year, around 40,000 New Zealanders are disconnected from the power supply for non-payment, according to new data. Consumer NZ's Paul Fuge says people genuinely struggling shouldn't have to ration an essential service. "There needs to be more protections around disconnections and more time for interventions - and other mechanisms need to be in place to stop those people who genuinely can't afford it

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6:18

Michal Garvey: Foodprint founder unveils 'Mystery...

Best of Business ·

2024/07/06

As the hospitality sector struggles and consumers feel the pinch from rising living costs, one entrepreneur has devised a solution. Food waste is still a lingering issue, so Foodprint founder Michal Garvey launched Mystery Bags to help business and consumers get through a gloomy winter period. Garvey says the viral nature of mystery packages would allow consumers to eat out sustainably - and have fun in the process. "No two bags are going to be the same...one day, it might be a salad or a muffin,

en-US

6:56

Dr Elizabeth Aitken Rose: UOA senior lecturer of...

Best of Business ·

2024/07/06

Experts fear that the Government's plan to 'flood' the housing market comes with too many risks. Housing Minister Chris Bishop has promised to fill urban areas with development land and remove council powers to mandate boundaries and standards. UOA senior lecturer of Architecture and Planning, Dr Elizabeth Aitken Rose, says freeing up land won't fix the issues in the housing market. "We've know for the last 10-15 years that land supply along does not make housing more affordable." LISTEN ABOVESee

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4:01

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

Best of Business ·

2024/07/04

Equity markets around the world are experiencing lifetime highs - but one expert has warned of the possible risks involved. The US, Japan, Europe and Australia are all thriving, amid a collective battle with inflation. Sam Dickie from Fisher Funds explains the situation further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:27

Jamie Mackay: The Country host on the Deputy...

Best of Business ·

2024/07/04

The golden era of trade is over and New Zealand needs to push hard to diversify its trading partners, according to a warning from the Deputy Secretary of Trade. During the Primary Industries Conference, Vangelis Vitalis said primary industry exports went through a boom between 1995 and 2017 but since then, things have become much harder. The Country's Jamie Mackay unpack the issue further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:23

David Whitburn: property developer and investor warns...

Best of Business ·

2024/07/04

A property expert says housing changes announced today will increase supply - with a massive infrastructure bill attached. Housing Minister Chris Bishop says they'll let cities expand by stopping councils setting fixed rural-urban boundaries and requiring them to plan for growth 30 years ahead. Apartment floor area minimums and balcony requirements are being abolished. Property developer and investor, David Whitburn, says it won't be the holy grail many are looking for. "It is very expensive to put

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2:46

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/07/03

Finance Minister Nicola Willis isn’t receptive to calls for the establishment of an independent unit to check Treasury’s forecasts and ensure Government spending is sustainable. The International Budget Partnership and Organisation for Economic Co-operation and Development (OECD) are among the organisations that believe New Zealand needs an institution that both costs policies and keeps tabs on the Government’s finances. They argue it would provide more accountability and align New Zealand with the

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5:44

Tim Groser: Former US ambassador on the significance...

Best of Business ·

2024/07/03

There's increased efforts to position New Zealand on the world stage and make connections with the US. Prime Minister Chris Luxon is jetting off to the NATO summit and meeting with officials in Washington next week. He says he looks forward to forging stronger links with businesses and investors to help rebuild our economy. Former US Ambassador Tim Groser says the timing couldn't be more tense or important. "The key issue is what he's going to be able to perceive amongst the other leaders of NATO,

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4:14

Brad Olsen: Infometrics Principal Economist on the...

Best of Business ·

2024/07/02

House prices need to fall at least another 16 percent to become anything like affordable, one forecaster says. According to the Real Estate Institute, prices remain 15.9 percent below their 2021 peak - but Housing Minister Chris Bishop has indicated they need to drop down more. Infometrics Principal Economist Brad Olsen explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:09

Andrew Holden: News Publishers' Association Public...

Best of Business ·

2024/07/02

One expert says Paul Goldsmith's proposed new media bill could jump-start conversations about the future of news content in New Zealand. The Broadcasting Minister plans to implement an amended version of Labour's Fair Digital News Bargaining Bill, forcing tech giants to pay for news content. News Publishers' Association Public Affairs Director Andrew Holden says it's worth discussing potential options with companies like Google and Meta. "We know news is of value to them, and what we want to do is

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2:36

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2024/07/01

Fletcher Building's shares have bounced back up after the business completed and handed over part of their NZ International Convention Centre project. The project is back in SkyCity's hands - with the project on track to reopen by the end of the year. Harbour Asset Management spokesperson Shane Solly explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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9:21

Nicola Willis: Finance Minister unveils steps to ease...

Best of Business ·

2024/07/01

The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of focus. The Government today unveiled its third quarterly priorities - focusing on law and order, the economy, public services and infrastructure. Minister Nicola Willis says it's important for the Government to focus on making sustainable financial choices now. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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7:40

Rob Fyfe: Former Air NZ CEO appoints CEO for new...

Best of Business ·

2024/07/01

Former Air New Zealand CEO Rob Fyfe is set to launch his biggest - and most sustainable - business venture yet. Recorp, an aluminium canning company, is set to launch in September, with former House of Travel head Bruce Parton being appointed the inaugural CEO. Fyfe says many Kiwi companies are phasing out plastic, meaning there's room to enter a new market. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:42

Simon Moutter: Kāinga Ora Chair says it was the right...

Best of Business ·

2024/07/01

Kāinga Ora's Chief Executive Andrew McKenzie will be stepping down at the end of October, with a $365,000 payout. A review has found the state housing provider needs significant savings to be financially viable. Kainga Ora Chair Simon Moutter says it's the right time. "Given the extent of change going on in this organisation with the changes through the Government's budget allocations to KO and the findings of the independent review...it was only right." LISTEN ABOVESee omnystudio.com/listener for

en-US

2:47

Damian Spring: Santana Minerals Chief Executive on...

Best of Business ·

2024/07/01

There's high hopes from Santana Minerals following the revelation of unearthed gold in Central Otago. The company's discovery on the privately owned Bendigo Station land has been dubbed one of New Zealand's most significant in 40 years - with a $4.4 billion dollar lifetime export value. Santana Minerals Chief Executive Damian Spring is hopeful an investment decision will be made by the new year. "We're on track to submit our application under the RMA by the end of this year, the Fast-Track Approvals

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3,595 results

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