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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

5:32

Louise Upston: Acting Minister for Women on the...

Best of Business ·

2024/06/13

The Government aims to reduce the nation's gender pay gap through the development of a voluntary calculation tool. Current figures show the gap currently sits at 8.6 per cent - and has remained persistent at around 9 percent from 2018. Acting Minister for Women Louise Upston says businesses need a consistent and simple tool to measure their pay gaps, and then develop solutions. "We think this is a really important first step - so businesses can take those steps and we can see the gender pay gap

en-US

5:16

Michelle Rayer: Retirement Commission policy lead on...

Best of Business ·

2024/06/13

The Retirement Commissioner has released a list of proposed changes to improve the KiwiSaver scheme. The list suggested the default rate for KiwiSaver contributions needs to rise to 4 percent, with employers being required to match that level. However, the Commission disagreed that KiwiSaver should be compulsory. Retirement Commission policy lead Michelle Rayer says 90 percent of wage and salary earners already contribute to the scheme. "There are downsides to forcing people to save - some people on

en-US

4:43

Gavin Grey: UK correspondent on the UK economy...

Best of Business ·

2024/06/12

New figures showed the UK economy experienced no growth in April. The region's GDP was flat for an entire month, off the back of a 0.4 percent bump in March. UK correspondent Gavin Grey says this dip will be a problem for the Conservative Party ahead of the election. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:05

Michael Luke: Milford Asset Management expert on...

Best of Business ·

2024/06/12

An optimistic update from Tower Insurance, as the company increased its profit expectations. This is the third projected profit upgrade for the company - a significant turnaround following a chaotic 2024. Milford Asset Management's Michael Luke explains how the company's new strategic direction helped boost these numbers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:21

Richard McIntyre: Federated Farmers spokesperson on...

Best of Business ·

2024/06/12

Rural communities are elated to see their repeated concerns being heard.The Finance Minister has asked the Finance and Expenditure and Primary Production Committees to lead a joint inquiry into rural banking. Federated Farmers says rural New Zealanders are facing huge financial pressures - worsened by unfair interest rates. Spokesperson Richard McIntyre says it's causing farmers to sell up. "It's the banks making excessive profits and it's a lack of competition in the rural banking space. We've

en-US

4:02

James Fuller: Hnry CEO on the six policies sole...

Best of Business ·

2024/06/10

Sole trader confidence in the government's slipped after the announcement of the fortnightly $20 tax credit. Accountancy service Hnry's most recent report reveals 44% think they'll be worse off with the government's promises. They've come up with six policies they would support instead, such as lower tax rates for high demand professions. CEO James Fuller says sole traders aren't looking for handouts. He says sole traders just want to be heard and recognised as there's 400,000 of them and they

en-US

5:30

Hamish McNicol: NBR co-editor on the Mowbray family...

Best of Business ·

2024/06/10

The owners of toy company Zuru have been named New Zealand's wealthiest people, the first change to the top spot in 20 years.This year's NBR Rich List saw Mat and Nick Mowbray bump packaging, property and investment magnate Graeme Hart from number one. NBR co-editor Hamish McNicol says the pair have openly planned to become the next Google or Tesla. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:40

Fran O'Sullivan: NZME business commentator on Chinese...

Best of Business ·

2024/06/10

Prime Minister Chris Luxon has revealed Chinese Premier Li Qiang will visit New Zealand later this week. This will be the first significant visit by one of the nation's largest trading partners in over seven years. NZME business commentator Fran O'Sullivan explains what this visit means for the future of business optimism regarding New Zealand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:24

Brent Thomas: House of Travel chief operating officer...

Best of Business ·

2024/06/10

Air New Zealand has stopped flights between Auckland and New Caledonia's Nouméa for the next few months. The airline will look to resume flights at the end of September. The decision comes amid ongoing uncertainty in the island nation following political unrest. House of Travel chief operating officer Brent Thomas says it isn't a major destination for New Zealanders. "Having said that, there'll be a few hundred people who are interrupted - they were expecting to have a holiday in the sun through our

en-US

3:02

Martin Bosley: Kiwi restaurateur on the acceptable...

Best of Business ·

2024/06/10

A debate about the unwritten rules of café etiquette has surfaced after an incident in Napier. Reporter Mark Story was asked to leave Napier café Smiths, after being told he hadn't spent enough to stay longer than an hour. Kiwi restaurateur Martin Bosley says different establishments are likely to have different house rules. "I think it's common sense... if the place is empty, if there's no one around, you're not casing any problems, it'd be absolutely fine. Cafés want people in them." LISTEN

en-US

2:19

Heather du Plessis-Allan: Our gas is running out...

Best of Business ·

2024/06/10

I'm starting to get a little bit nervous about whether we are ever going to be able to attract overseas investors back into our oil and gas industry.I mean, you think about it - the world has known since October last year that we were back open for business, because that’s when the coalition Government won the election. From there, it was clear that all three parties wanted to reverse the oil and gas ban. Since October, the world knew things were going to change in New Zealand.But from what I can

en-US

3:16

Todd McClay: Trade Minister on Chinese Premier Li...

Best of Business ·

2024/06/10

The Trade Minister says it's important for the nation to strengthen its economic relationship with China. Earlier today, Prime Minister Luxon announced Chinese Premier Li Qiang will visit New Zealand later this week. Minister Todd McClay says since the change in Government, there's been an increase in contact and engagement with China. "$40 billion worth of two-way trade, that's very important for us to keep that relationship open and keep talking." LISTEN ABOVESee omnystudio.com/listener for

en-US

3:30

Jeremy Hutton: Milford Asset Management Equities...

Best of Business ·

2024/06/05

A 20-year deal with Southland's Tiwai Aluminium Smelter could be good news for everyday New Zealanders.The agreement signed by Meridian, Mercury, Contact Energy and New Zealand Aluminium Smelters will guarantee supply until 2044. Milford Asset Management's Jeremy Hutton says this is positive news for the electricity sector. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:17

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/06/05

The Government's tax take has surpassed Treasury’s expectations for the first time in a while. This positive result was found to have come from efforts to minimise the amount of tax trustees pay. NZ Herald Wellington business editor Jenee Tibshraeny says this shows how hard companies worked to flush out their retained earnings. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:49

Scott Pritchard: Precinct Properties chief executive...

Best of Business ·

2024/06/05

Precinct Properties plans to funnel over $300 million into housing in Auckland CBD. The company has announced it'll build student accommodation of 500 units on Queen Street, to boost housing in the city centre. CEO Scott Pritchard says moving toward residential property is a natural next step. "For a long time now, we've been developing commercial office - and in the last few years, we've sort of moved into mixed-use development where you add retail and other uses to offices." LISTEN ABOVESee

en-US

5:34

Brooke van Velden: Workplace Relations and Safety...

Best of Business ·

2024/06/05

The Government's drafting legislation to change the Holidays Act 2003, and will put it out for consultation in September. It'll include proposals to pro-rata sick leave and move annual leave from an entitlement system, to one using accrual. Workplace Relations and Safety Minister Brooke van Velden says she aims to simplify the Act so businesses can spend less time on workplace admin. "It hasn't really adapted to a modern, flexible work environment - which is what we're aiming to achieve." LISTEN

en-US

2:16

Peter Thompson: Barfoot & Thompson managing director...

Best of Business ·

2024/06/05

Auckland's largest real estate agency experienced a significant boost last month. Barfoot & Thompson's property sales for May were up 30 percent on April and up 27 percent compared to May 2023. The agency's managing director, Peter Thompson, says the company's experiencing a small boom in demand, which has been lessened by the current interest rates. "I think we're in for a quite a good little slow boosted market. Interest rates are still the big thing that's holding the market really taking

en-US

4:47

Stuart Davison: dairy insights consultant on Synlait...

Best of Business ·

2024/06/04

Struggling dairy processor Synlait has confirmed a significant majority of its farmer suppliers want to leave. The Canterbury-based organisation told yesterday's Australian securities exchange the exodus of most of its 280 suppliers was expected. Dairy insights consultant Stuart Davison says this comes off the back of a 'concerning' 18 months for the business. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

7:29

Rory Birkbeck: Safe Surfer CEO on the company...

Best of Business ·

2024/06/01

As technology advances, more parents have their reservations about giving their children smartphones. The rise of violent or explicit content online and the harmful impact of social media is enough to cause concern among parents and caregivers. The founder of Safe Surfer, Rory Birkbeck, has worked out a way around these issues by teaming up with Samsung to introduce a kid-friendly device. He says parents will be able to call and text their children - and pick and choose the apps available to

en-US

3:40

Sam Dickie: Fisher Funds expert on Walmart, Target...

Best of Business ·

2024/05/30

Over in the US, a slew of big-box retailers have slashed prices across their stores. Walmart, Target and Amazon are among the big names bringing down their prices ahead of the summer season. Sam Dickie from Fisher Funds says these moves are being made to appeal to inflation-weary customers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,595 results

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