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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

4:32

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

Best of Business ·

2024/06/19

Over in the UK, inflation has hit the Reserve Bank's target for the first time in nearly three years.Prices rose by 2 percent in the year to May, down from the previous 2.3 percent. UK correspondent Gavin Grey says these stats will likely come into play ahead of July's general election. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:05

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/06/19

Prime Minister Luxon's managed to find himself in hot water after some off-colour comments about previous business delegations. Ahead of his trip to Japan, the Prime Minister said the calibre was lacking in earlier delegations, labelling prior groups 'C-list'. NZ Herald Wellington business editor Jenee Tibshraeny explains why Luxon's comments seemed particularly awkward. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:40

Susan Kilsby: ANZ agricultural economist on the...

Best of Business ·

2024/06/19

The second carbon auction of the year failed with no bids made. 4,075,700 New Zealand Units were on offer at the June auction - prompting zero interest from potential buyers. ANZ agricultural economist Susan Kilsby explains why the market didn't feel the need to turn up for this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:54

Stephanie Batchelor: Milford Asset Management...

Best of Business ·

2024/06/19

Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024. The famed athleisure brand is experiencing a drop in popularity after five years of steady growth. Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:47

Urmila Bhana: Independent Business and Residential...

Best of Business ·

2024/06/19

Several Greens members have been caught asking to use the private carparks belonging to Wellington retailers for a party event. These retailers were impacted by Green-led cycleway project, which took away on-street parking in the area. Independent Business and Residential Group chairwoman Urmila Bhana says this cycleway has negatively impacted several businesses. "Businesses are down 60, 80, 100 percent, they're either moving, closing, or heading into liquidation. And that's nothing to do with the

en-US

2:09

Leighton Roberts: Sharesies co-founder on Nvidia...

Best of Business ·

2024/06/19

Computer chip producer Nvidia is now the world's most valuable company - overtaking Apple and Microsoft.Shares climbed 3.5 percent on Tuesday, making it worth $3.35 trillion (USD). The surge is driven by optimism about its AI technology. Sharesies co-founder, Leighton Roberts, says he can't predict whether it will fall as quickly as it's risen. He says it's hard to judge, but believes a lot of excitement is still to come. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:21

Barry Soper: ZB senior political correspondent on...

Best of Business ·

2024/06/19

The Prime Minister concedes he could have used better words to describe past business delegations. Before setting off to Japan, Chris Luxon told Newstalk ZB the calibre of contingents had been lacking in recent years describing them as watered down to the 'C-list'. ZB senior political correspondent Barry Soper says it was a mistake for Luxon to insult his own voting base ahead of his own business delegation. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:02

Dan Mitchinson: US correspondent on the CEO of Boeing...

Best of Business ·

2024/06/19

Boeing's chief executive Dave Calhoun was questioned by members of the US Senate over the various safety issues and incidents impacting the company. Calhoun was quick to apologise to the impacted victims and their families, following a turbulent year for the business. US correspondent Dan Mitchinson says this won't be the last of the high-profile investigations against Boeing. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

5:00

Paul Bloxham: HSBC CEO on Australia's Reserve Bank...

Best of Business ·

2024/06/18

Australia's Reserve Bank has left the OCR unchanged at 4.35 percent after a lengthy deliberation process. The Bank has been waging a long-term battle against inflation, as residents grapple with the ongoing cost of living crisis. HSBC CEO Paul Bloxham warns the RBA could resort to another rate hike in the coming months - depending on how things shake out. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:10

Jamie Mackay: The Country host on Zespri launching a...

Best of Business ·

2024/06/18

Leading kiwifruit producer Zespri has launched a global campaign encouraging people to eat better in order to tackle health challenges around the world. The campaign has a focus of improving global health outcomes by encouraging people to swap out one unhealthy food for a serving of fresh fruit or vegetables everyday. The Country's Jamie Mackay is hopeful this scheme will work. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:26

Brad Olsen: Infometrics principal economist on Air...

Best of Business ·

2024/06/18

Air New Zealand has made moves to boost their travel capacity into Japan and added an additional 30,000 seats to its Tokyo route between November and March. CEO Greg Foran explained that Japan represents an important visitor market for New Zealand's tourism sector. Infometrics principal economist Brad Olsen says Japan is a top destination among Kiwi travellers, with 66 percent of people wanting to visit. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:35

Carolyn Young: Retail NZ Chief Executive on buy now,...

Best of Business ·

2024/06/18

The end of buy now, pay later provider Laybuy is being described as sad by experts. The company has been put into receivership and services have been suspended. Retail NZ Chief Executive Carolyn Young says the sector has been impacted by decreased spending and reduced consumer confidence. "We are in a really difficult environment in terms of retail... people just don't have the money in their wallets, and they're not prepared, cause they're buying on credit." LISTEN ABOVESee omnystudio.com/listener

en-US

4:45

Murray Olds: Australian correspondent on the Reserve...

Best of Business ·

2024/06/18

There's no reprieve for Australian borrowers just yet, as the Reserve Bank decided to leave rates on hold. Australia's Official Cash Rate was held steady at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says people are screaming for relief - but the Bank is determined to bring inflation down. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

31:45

Business Panel: Porirua mayor Anita Baker and The...

Best of Business ·

2024/06/17

How is the economy holding up, what on earth is happening on Thorndon Quay, and how do councils properly engage with local businesses? Those were the questions for the Business Panel this week, consisting of Porirua mayor Anita Baker and The Woolstore executive director Paul Robinson. The pair joined Nick Mills to discuss all things business in Wellington. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:19

Greg Smith: Devon Funds Management Head of Retail on...

Best of Business ·

2024/06/16

Food inflation has eased to the lowest level since September 2018, according to new data. A report by Stats NZ says food prices fell 0.2 percent in May on the month before, to be 0.2 percent higher than a year ago - the lowest annual increase in over five years. Devon Funds Management Head of Retail Greg Smith says this comes as petrol prices are also dropping, but consumers shouldn't get too excited yet. "They're still more than they were a year ago, petrol and diesel's 50 percent more expensive

en-US

3:06

Robert Patman: Otago University international...

Best of Business ·

2024/06/16

Prime Minister Chris Luxon aims to spend the next few days in Japan, boosting international business opportunities. Japan is the world's fourth largest economy, and New Zealand's fourth largest export destination. Otago University international relations professor Robert Patman says Japan is potentially a very important economic partner for us. "We are seeing steadily improving trade with them as part of our arrangement - but obviously, we'd like to give it a boost. I think it's a really smart move

en-US

4:54

Jason Walls: ZB political editor on Prime Minister...

Best of Business ·

2024/06/16

Christopher Luxon is on the ground in Japan, but his business delegation won't be touching down for another day. The Prime Minister's plane has broken down yet again, this time while refuelling in Papua New Guinea. Luxon's been forced to fly commercial to Tokyo, while the business leaders, officials and others in his delegation are travelling to Brisbane and then on to Japan today. ZB political editor Jason Walls says Luxon abruptly disappeared from the airport, leaving his delegation confused about

en-US

6:39

Claire Trevett: NZ Herald political editor on Prime...

Best of Business ·

2024/06/15

There's hope the PM's trip to Japan could bring more investment opportunities to New Zealand.Chris Luxon, a high-ranking business delegation, and travelling media left for Tokyo this morning on the Defence Force 757. NZ Herald political editor Claire Trevett says the Prime Minister curated his the delegate list to what he's calling the A-team. "He's taking the heads of Air New Zealand, the ANZ Chair, Rocket Lab, Fonterra, the Super Fund investment people, Xero, Zespri - all the big names." LISTEN

en-US

4:51

Sam Dickie: Fisher Funds expert on Apple's bid to...

Best of Business ·

2024/06/13

Apple has made a plunge into the AI universe through its new offering: Apple Intelligence. The tech giant revealed how it planned to pair up with OpenAI in order to integrate AI into its devices and software. Fisher Funds expert Sam Dickie explained this development further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:42

Liam Dann: NZ Herald Business editor-at-large on the...

Best of Business ·

2024/06/13

The Fitch ratings agency is casting doubts on New Zealand's economic future. The agency is considering bringing down the nation's rating, amid concerns surrounding increased debt and low immigration flow. NZ Herald Business editor-at-large Liam Dann unpacks the implications of this news. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

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