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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

3:35

Mark Riggall: Milford Asset Management portfolio...

Best of Business ·

2024/05/15

Poor trading conditions, intense price competition and lower building product sales have prompted Fletcher Building to downgrade its profit forecast. The forecast has been downgraded $640 million to $540 million - move that caused stock to sink 15 percent. Milford Asset Management's Mark Riggall explains what's causing Fletcher Building's economic woes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:00

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/05/15

Ahead of the May Budget, experts have noticed the Reserve Bank's balance sheet has grown over the years. The value of assets held by the RBNZ has has quadrupled since 2019, peaking at $104 billion in February 2023. NZ Herald Wellington business editor Jenee Tibshraeny explains what's causing all this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:45

Julian Benefield: Foodstuffs North Island general...

Best of Business ·

2024/05/15

Foodstuffs is raising the alarm about an increase in retail crime throughout their stores. New data shows over 5000 incidents were reported in the first quarter of this year at 320 New World, Pak n' Save and Four Square stores. Foodstuffs North Island general counsel Julian Benefield says a number of these incidents were caused by repeat offenders. "As we've seen with the data that we're reporting, there's clearly a huge increase - and a large increase in the violent, aggressive offences, which is

en-US

3:42

Marisa Bidois: Restaurant Association CEO calls for...

Best of Business ·

2024/05/15

The Restaurant Association has voiced disappointment with Auckland Transport's move to charge for parking. AT will delay their 24/7 parking fees in the CBD until October - though charges on Sundays and public holidays will still kick in from July. CEO Marisa Bidois says Auckland Transport still needs to hear what the business community has to say first. "We're talking 15,000 businesses that are potentially impacted by this, and I think that they need to be heard about their opinions on what's

en-US

2:36

Mark Donaghue: WorkSafe Principal Inspector on the...

Best of Business ·

2024/05/15

WorkSafe's calling for businesses to boost safety standards as more workers lose fingers on unsafe machinery. The courts have issued more than half a million dollars worth of fines to three manufacturing businesses, since mid-March. They involve three people who lost multiple fingers in 2022. WorkSafe Principal Inspector Mark Donaghue says these companies should have had more safety precautions in place. "What we do find is that some safety systems can be bypassed - or may not be in place at all -

en-US

2:51

Heather du Plessis-Allan: The NSW Government is...

Best of Business ·

2024/05/15

We've got to talk about the brain drain that’s going on.Today, the NSW Government has announced it is going to come for our Kiwi cops. It's got a shortage of 1500 police, and they're extremely worried about it. So the Chris Minns Government has announced it’s going to slash red tape, cut down the course time required by more than half and fast-track Kiwi cops into their force. And Kiwi cops will leave. Because unless they win the pay arbitration they’re about to go into, they will take a pay offer

en-US

4:24

Jamie Mackay: The Country host on Australia banning...

Best of Business ·

2024/05/14

The Australian Government has opted to ban live sheep exports from 2028 onward, a move that has farmers disappointed. The Government as promised a $107 million transition package to support the sector over the next five years. The Country's Jamie Mackay explains why farmers disapprove of this decision. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:04

Paul Bloxham: HSBC chief economist ahead of...

Best of Business ·

2024/05/14

Australian treasurer Jim Chalmers is set to deliver the 2024 Budget tonight, and economists are raising their eyebrows at some promises. The reworked stage 3 tax cuts and energy bill relief are expected to be included in a set of nationwide cost-of-living support measures, but Chalmers is insistent they won't fuel inflation. HSBC chief economist Paul Bloxham is sceptical these measures won't add to Australia's inflation woes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:37

Brad Olsen: Infometrics Principal Economist on the...

Best of Business ·

2024/05/14

A record number of New Zealanders have left the country, according to new data. Stats NZ says the nation had a net migration loss of over 52,500 citizens in the year ending March. Infometrics Principal Economist Brad Olsen suspects concerning economic figures are driving young Kiwis to find greener pastures overseas, particularly Australia. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:41

Kirstin Corson: Drive Electric Chair on President Joe...

Best of Business ·

2024/05/14

Over in the US, President Joe Biden is set to announce new 100 percent tariffs for Chinese EVs. This is the latest bid from the Biden administration to keep China from undercutting US companies and impacting manufacturing jobs, as Biden fights for a second term in the US election. Drive Electric Chair Kirstin Corson says China doesn't have plans to send EVs like the BYD-produced seagull to the US anyway. "They're just entering some of those new markets, but certainly BYD in New Zealand's doing

en-US

2:23

Matt Johns: Pōkeno Whisky founder on the company...

Best of Business ·

2024/05/14

One New Zealand-based whisky producer has walked away from the San Francisco World Spirits Awards with an impressive haul. Pōkeno Whisky brought home two Double Gold Awards, a Gold and two Silver medals by the end of the event. Founder Matt Johns says this is great for the company's international credibility. "We're just focused on making the best single malt we possibly can with no compromise on anything we do - and that's starting to show through and be appreciated." LISTEN ABOVESee

en-US

3:30

Mark Richardson: The Block NZ host on the show's next...

Best of Business ·

2024/05/14

Four Auckland townhouses are on the market, as The Block NZ joins the local television scrap heap. The Brown's Bay homes were nearly ready for contestants on the house renovation show. But Newshub owner Warner Brothers Discovery has confirmed today it's pulling the next season. Host Mark Richardson says it's a shame to see the end of the show, which has been part of his life for 12 years. "It was just light television that captured this large demographic of people, from kids to oldies. And it was

en-US

2:33

Matt Cowley: Tauranga Business Chamber Chief...

Best of Business ·

2024/05/13

Tauranga Businesses have released their key priorities for prospective council candidates. The city is having elections in July after being under the control of commissioners since 2020. A Tauranga Business Chamber survey found 82 percent of respondents agreed with the direction the commissioners set. Chief Executive Matt Cowley says that may not be love for the commissioners but a dislike of the previous council arrangements. He says businesses were against the stagnation that happened before the

en-US

4:45

Oliver Peterson: Australian correspondent on the...

Best of Business ·

2024/05/13

The export of live sheep from Australia will be banned from May 2028 onwards. The Government has promised a $117 million transition package to support the sector over the next five years. Australian correspondent Oliver Peterson says this will be disappointing news for farmers - who weren't properly consulted before the legislation was implemented. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:25

Kim Mundy: ASB economist on rent, food and fuel...

Best of Business ·

2024/05/13

New data shows food prices have show up for the first time in three months - contributing to inflationary pressures. Stats NZ says food prices went up 0.6 percent on March, to be 0.8 percent higher than 2023 figures. Rent and petrol, two other key components, went up by 4.6 percent and 2 percent, respectively. ASB economist Kim Mundy says it's likely consumers will have to tighten their belts for longer to get inflation under control. "We don't think there's going to be enough evidence to convince

en-US

7:11

Brianne West: Ethique founder on her new...

Best of Business ·

2024/05/11

After making waves in the beauty industry, Ethique founder Brianne West has set her sights on beverages. Her newest venture, Incrediballs, offers consumers flavoured tablets that turns water into flavoured drinks - cutting down on plastic pollution. She says the number of single-use bottles wasted every year is a 'disgrace', and wanted to develop a solution. "In New Zealand we throw away just over two billion plastic containers every single year, we recycle very few of them, and a vast majority of

en-US

5:24

Sam Dickie: Fisher Funds expert on the quarterly...

Best of Business ·

2024/05/09

The US and Europe have posted several quarterly results - and this season has been labelled 'spicy' and volatile by experts. Sam Dickie from Fisher Funds unpacks all the highs and lows found within the results. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:37

Jamie Mackay: The Country host on AgriZeroNZ...

Best of Business ·

2024/05/09

AgriZeroNZ, the joint venture fast-tracking emissions reduction tools for Kiwi farmers, has put up millions of dollars in the race for a 'methane vaccine'. The company has invested $9.9 million in U.S. ag-biotech start-up, ArkeaBio, to accelerate a treatment for ruminant animals. The Country's Jamie Mackay examines the impact of these treatments. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:38

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

Best of Business ·

2024/05/09

It's looking increasingly likely that cash is getting phased out. More and more banks have removed their ATMs, and Australia's Macquarie Bank made headlines over its decision to scrap physical money altogether. NZ Herald business editor at large Liam Dann examines the future of physical cash. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

7:51

John Kidd: Enerlytica director on New Zealand's power...

Best of Business ·

2024/05/09

The nation is grappling with worsening power and gas shortages - in line with one expert's warning. In September 2023, Enerlytica director John Kidd warned of power shortage risks following the loss of a key gas-fired power plant. Kidd says these issues have been coming for a while. "It is one of those things where you need capacity to cover exactly these types of periods. And over the last few years, we just haven't had that new capacity." LISTEN ABOVESee omnystudio.com/listener for privacy

en-US

3,595 results

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