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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

7:23

Nicola Willis: Finance Minister ahead of her meeting...

Best of Business ·

2024/04/15

The Finance Minister's excited ahead of her trip to Washington DC. Nicola Willis departs tomorrow for a meeting with her counterparts from Australia, the United States, Canada and the United Kingdom. She says she's looking forward to being in the same room as Janet Yellen, who she describes as a 'Queen' of international economics and finance. "She is an incredible person who has advised successive American presidents and been on the Federal Reserve - and having a moment to pick her brain will be a

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5:07

Andrew Dickens: The media model is broken because of...

Best of Business ·

2024/04/15

Since we were last together, the collapse of television news and current affairs has continued. And with it, we have been subjected to a lot of highfalutin thinking about the metaphysical and cultural reasons why linear TV is dying. You know - go woke go broke. Or- this is because nobody trusts you, because you're all raving lefties. Meanwhile, Melissa Lee has been asked what she is going to do about it, when it's obvious that there's very little she can do. These are commercial entities that are

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8:51

Irene Gardiner: NZ Screen Producers’ Guild President...

Best of Business ·

2024/04/13

There's growing concern that the cuts across TVNZ and Newshub won't be the last for locally produced content. As the nation's biggest broadcasting companies struggle with falling advertising revenue, the fate of Kiwi favourites such as Shortland Street remains uncertain. NZ Screen Producers’ Guild President Irene Gardiner says local content plays an important role in keeping audiences together. "It's our identity, it's our humour, it's what we are - and I think local content, both the more serious

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4:14

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

Best of Business ·

2024/04/11

It's been a big time for job cuts, with multiple roles being slashed over the past month. The public service has posted several high-profile job cuts, and over 300 media roles disappeared following the TVNZ and Newshub culls. Telecommunications giants like One NZ have also laid off hundreds of workers - and the closure of Sunfed and Kate Sylvester will mean more jobs are on the chopping block. NZ Herald business editor at large Liam Dann says this won't be the last of it, as unemployment figures

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5:40

Sue Harrison and Luke Somervell: Property Investors...

Best of Business ·

2024/04/11

Housing Minister Chris Bishop has confirmed a suite of changes will be made to the Residential Tenancies Act. A bill being introduced to Parliament will bring back 90-day no-cause terminations for periodic tenancies, which were removed by Labour last term. Property Investors Federation President Sue Harrison says the return of no-cause rental terminations can mitigate the harm of taking on risky tenants. "We desperately need more rentals in this country, 85 percent are in private hands. And we

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5:13

Willie Jackson: Labour broadcasting spokesperson hits...

Best of Business ·

2024/04/11

Labour's broadcasting spokesman says the Government cannot afford not to help Newshub. Media Minister Melissa Lee is facing growing questions about how she'll support the embattled industry, with Newshub closing in July. Labour's Willie Jackson says turning to New Zealand On Air could be a stop-gap solution. He says the Government could mediate with other parties on supporting the station- and that propping up the business would cost about $35 million. "It has such an iconic history- that you don't

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3:03

Sam Trethewey: Milford Asset Management Portfolio...

Best of Business ·

2024/04/10

The Reserve Bank confirmed they'll hold the OCR in place at 5.5 percent. This falls in line with predictions that the OCR update would follow on from February's release. Milford Asset Management Sam Trethewey says some of the market was hoping for a reprieve- and they were left disappointed. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:21

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/04/10

The Reserve Bank held the OCR steady at 5.5 percent, but warned people about the risk that came with increased rates. Governor Adrian Orr says rates will need to stay high for a sustained period- and warned this could lead to more unemployment and financial stress 'than expected'. NZ Herald Wellington business editor Jenee Tibshraeny says the RBNZ's 'engineered recession' came with risks- and we're seeing the results. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:48

Barry Soper: ZB senior political correspondent on...

Best of Business ·

2024/04/10

The Broadcasting Minister says media is a priority for the Government, despite it being absent from the quarterly plan. It's been a dark day for media, with Newshub's closure confirmed for July and TVNZ axing its Sunday show alongside Fair Go, Midday and Tonight. Melissa Lee says she's taking a paper to Cabinet she hopes will help the industry, although she won't give a timeline. ZB senior political correspondent Barry Soper wonders if a solution can really be found. LISTEN ABOVESee

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4:56

David McDonald: Being AI co-founder on OpenAI and...

Best of Business ·

2024/04/10

Two tech giants claim they've found a way to make AI smarter - and more human-like. OpenAI and Meta have revealed they plan to launch artificial intelligence models capable of reasoning, planning and storing memory. Being AI co-founder David McDonald says this technology opens up new opportunities for various industries. "It has profound impacts on productivity and what people do with their daily lives, there's more opportunities available to people." LISTEN ABOVESee omnystudio.com/listener for

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4:28

Michael Morrah: Newshub investigative reporter on the...

Best of Business ·

2024/04/10

A sad day for Newshub staff with closure confirmed, and about 250 jobs lost. Warner Bros. Discovery have told staff there's no planned deal 'at this stage' with third parties. Newshub investigations reporter Michael Morrah says it's tough. "It's a huge loss for the country and for democracy- and of course, it's devastating for us here at Newshub." Newshub's newsroom, website and TV news will go offline on July 5. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:36

Malcolm Knight: mortgage adviser on Kiwi households...

Best of Business ·

2024/04/10

A mortgage adviser says New Zealanders are feeling the strain of heavy home loan rates. The Reserve Bank's held the Official Cash Rate at 5.5 percent. Adviser Malcolm Knight says a lot of home owners are asking for interest-only periods or loan repayment holidays. "If you can get through this next 12 to 18 month period- just hunker down, get through the tough credit crunch period - the light is at the end of the tunnel. We should see rates coming down next year." LISTEN ABOVESee

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4:48

Pattrick Smellie: BusinessDesk managing editor on the...

Best of Business ·

2024/04/09

A new report from the Climate Change Commission warned New Zealand will need to tackle methane emissions to keep up with 2050 climate goals. The report warned that the nation would have to reduce stock rates by 23 percent for dairy, and 12 percent for sheep and beef by the 2050 deadline. BusinessDesk managing editor Pattrick Smellie unpacked the political debate surrounding methane emissions. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:52

David Cunningham: Squirrel CEO makes a case for...

Best of Business ·

2024/04/09

Ahead of tomorrow's OCR update, one expert is challenging the Reserve Bank to start cutting rates ASAP. The Official Cash Rate is widely expected to stay at 5.5 percent, but Squirrel CEO David Cunningham believes the RBNZ should ease up. Cunningham says monetary policy changes have a one to two-year lag before they flow through to the wider economy. "What that means is- the Reserve Bank should always be looking a couple of years ahead in terms of what they do today and how they impact the

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4:24

Richard Philp: Inland Revenue spokesperson warns the...

Best of Business ·

2024/04/09

Inland Revenue is sending the construction sector a final warning to get on top of business tax obligations. 40,000 businesses with outstanding debt and overdue returns will be sent emails and letters in the coming months. Inland Revenue spokesperson Richard Philp says the current outstanding tax debt sits just shy of a billion dollars. "We'll be writing to most - some we'll try to prompt with a text message, but most of them we'll be writing to. It won't be the first contact we've had with

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2:56

Bodo Lang: Massey University marketing professor on...

Best of Business ·

2024/04/09

Kiwi plant-based meat replacement company Sunfed is shutting down as inventory runs out and investors leave. The company made chicken, beef and bacon alternatives using yellow pea protein. Founder Shama Lee has announced its closure on social media, saying the plant-based bubble's burst. Marketing expert Bodo Lang says products like this fail after not making money, despite being full of promise. "We all have inflated expectations when it comes to these really exciting aspirational products. EVs,

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3:30

Michael Wood: E Tu negotiations specialist on TVNZ...

Best of Business ·

2024/04/09

There's a bright spot among major cuts at TVNZ. The state broadcaster has confirmed it's axing news and current affairs shows, Midday, Tonight and Fair Go. But it is proposing Fair Go's brand will continue on its digital platforms, with four new roles created. E Tu negotiations specialist, Michael Wood, says it is an improvement on the initial proposal. "I think some of the clear support from New Zealanders around this issue has contributed to that." Meetings are being held tomorrow discussing the

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5:22

Fran O'Sullivan: NZME business commentator ahead of...

Best of Business ·

2024/04/08

Prime Minister Luxon will travel to Singapore, Thailand, and the Philippines from April 14 - 20. This trip is expected to signal the Government's commitment to deepen New Zealand’s international engagement, particularly in South East Asia. NZME business commentator Fran O'Sullivan explains what New Zealand can offer these potential international partners. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:07

Ben Oakley: Commerce Commission spokesperson on high...

Best of Business ·

2024/04/08

There's a good chance consumers might be wasting their money if they pay for high-speed internet without the right equipment. The Commerce Commission's RealSpeed report revealed that broadband speed depends significantly on the strength of the router and devices as well. Commerce Commission spokesperson Ben Oakley says they're urging consumers to think about the quality and placement of their router while they spring for high-speed internet. "As I said, there's no point in paying for Ferrari-level

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32:15

Business Panel: Wellington business leaders Simon...

Best of Business ·

2024/04/08

Covid-19, worker shortages, the growth in working from home and now public service cuts: Wellington's economy has had a tough few years, and it's still struggling, Wellington businessman and vice president of Hospitality NZ Paul Retimanu says. He joined Wellington Chamber of Commerce chief executive Simon Arcus and Wellington Mornings host Nick Mills to talk business, including a proposal for a new arena, 90 day trials, and how much good weather impacts retail and hospitality. LISTEN ABOVESee

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3,595 results

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