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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

2:10

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/03/20

Everybody's looking forward to extra tax cuts- but some people will have to take a hit to pay for them. The Government has confirmed new changes to the income tax system are coming from April 1, and commercial and industrial building owners are uniquely affected for the worse. NZ Herald Wellington business editor explains why they won't be able to deduct depreciation as an expense under these rules. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:55

Tania Benyon: The Warehouse Chief Product Officer on...

Best of Business ·

2024/03/20

The Warehouse Group has revealed it plans to sell or close its online shopping website TheMarket.com by the end of the financial year. It comes just weeks after the company sold off its outdoor chain Torpedo7 for just a dollar. Today's announcement also comes as The Warehouse Group announces a $23.7 million net loss in the six months to January 28, amid grim retail conditions. Chief Product Officer Tania Benyon says this is a sign the market is changing as we enter tough times. "There's no doubt

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2:43

Ernie Newman: Grocery Action Group spokesperson on...

Best of Business ·

2024/03/20

A supermarket action group is questioning the Commerce Commission's decision making. The Commission's decided not to investigate Sanitarium's move to pause the Warehouse's Weet-Bix supply, finding no evidence of anti-competitiveness. Sanitarium paused supply after the Warehouse began selling the cereal more cheaply than major supermarkets. Grocery Action Group's Ernie Newman says the Warehouse has had one issue after another, since it began selling groceries. "People really did say- hey, we know

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3:55

Dan Mitchinson: US correspondent on the increase in...

Best of Business ·

2024/03/20

According to new reports, a record-shattering number of wealthy Americans are looking to make the move overseas. The political turmoil and social instability are inspiring investors, entrepreneurs and similar rich-listers to relocate. US correspondent Dan Mitchinson says Portugal, Malta, Spain, Greece and Italy are among the most popular locations people want to immigrate to. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:25

Paul Bloxham: HSBC Chief Economist on the Reserve...

Best of Business ·

2024/03/19

The Reserve Bank of Australia has held interest rates steady at 4.35 percent. Australia's OCR has stayed in place since November 2023 off the back of 13 rate hikes- but governor Michele Bullock says the fight isn't over. HSBC Chief Economist Paul Bloxham explains further- and predicts when Aussie homeowners can expect cuts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:33

Jamie Mackay: The Country host on low tomato prices...

Best of Business ·

2024/03/19

Lower tomato prices might be great news for consumers- less so for the country's growers. Farmers still can't export their product over to Australia, due to a pepino mosaic virus, or PepMV, outbreak impacting business The Country's Jamie Mackay says the cost of production outweighs sale prices- and Kiwi farmers have been hit hard. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:29

Pattrick Smellie: BusinessDesk managing editor on the...

Best of Business ·

2024/03/19

Property developers Du Val Group have found themselves in another patch of controversy. The company has reportedly taken hundreds of millions from investors- and have since tried to convince investors to turn their loans into shares. BusinessDesk's Pattrick Smellie recaps the whole saga here. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:31

Oliver Peterson: Australian correspondent on Uber...

Best of Business ·

2024/03/19

Over in Australia, rideshare giant Uber has been forced to pay over $270 million to compensate taxi drivers and operators. Taxi companies across the nation took legal action after they claimed they lost years worth of income when Uber moved into the country. Australian correspondent Oliver Peterson says this is the fifth largest settlement in Australian history. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:09

Anita Rosentreter: First Union strategic project...

Best of Business ·

2024/03/19

Uber drivers have continued their employment fight, now at the Court of Appeal. Two years ago, the court ruled four Wellington Uber drivers should be considered employees, not contractors, giving them more entitlements. Now, Uber's appealing the decision, and drivers and unions rallied outside the court today. First Union strategic project coordinator Anita Rosentreter says the protesting drivers showed 'bravery' in standing up against Uber's pushback. "It was a combination of a whole bunch of

en-US

3:32

Gary Froggatt: Tramways Union National President on...

Best of Business ·

2024/03/19

Complaints from Wellington bus drivers who've been resorting to tampering with excessively loud on-board speakers. One city bus company is threatening to turn security cameras onto drivers to stop them reducing the volume. Tramways Union National President Gary Froggatt says the noisy announcements keep giving drivers a fright. "The driver is concentrating at the front of the bus and the traffic. Then all of a sudden, a noise comes - abruptly in some cases - advertising material." LISTEN ABOVESee

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4:57

Dr Alexandra Muthu: RACP spokesperson among experts...

Best of Business ·

2024/03/18

There's calls for a complete ban on the deadly engineered stone, primarily used in bench tops. The Australasian College of Physicians is urging the New Zealand Government to follow Australia's lead on the stone, which can give stonemasons the incurable lung disease, silicosis. RACP spokesperson Dr Alexandra Muthu says the organisation is calling for an outright ban on the material being imported into New Zealand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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8:59

Gemma Rasmussen: Consumer NZ Head of Advocacy and...

Best of Business ·

2024/03/16

A call to action from Consumer NZ to help get on top of false environmentally-friendly claims on our products.It says issues of 'greenwashing' are rising, and it needs the public's help to send in examples to determine the full scope of the problem. Almost half of Kiwis find it difficult to decipher whether a product's green claims is true. Consumer NZ's Head of Advocacy and Research, Gemma Rasmussen, says it's easy for products to enter the market without any checks run on sustainability

en-US

5:52

Satish Ranchhod: Westpac Senior Economist on the bank...

Best of Business ·

2024/03/16

Westpac Bank says New Zealand will need to ramp up house-building prowess to keep up with increased migration. The bank estimates 125,000 homes will need to be built within the next 5 years to meet demand amid soaring post-pandemic migration. Westpac Senior Economist Satish Ranchhod says even if migration slows down to more average rates, the population is likely to increase by 300,000. "Just thinking about the number of people that's going to be required to be housed- it pushes it up to those

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3:41

Rod Oram: Business commentator on Wellington...

Best of Business ·

2024/03/15

Wellington councillors have voted to increase housing density in the city. It will also strip some housing character protections, and increase the amount of housing near rail lines, as part of amendments to its District Plan. Business commentator Rod Oram joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:41

Nicola Willis: Finance Minister says they want to...

Best of Business ·

2024/03/14

Nicola Willis is expected to reveal more details about the Government's fiscal situation today, as she continues preparations for May's budget. The Finance Minister will be speaking to business lunch event in Auckland. Willis told Mike Hosking that since economic growth forecasts have been getting worse, the two options are to get down in the dumps about it, or they can say ‘what can we do about it?’. She said that while the Government does have a big role to play, they need businesses right

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4:34

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

Best of Business ·

2024/03/14

The immigration boom is showing no signs of abating. Latest figures from Stats NZ show 133,800 more people entered the country than left in the year to January. That's only just below the record net migration of 134,400 recorded in the year to October. NZ Herald business editor at large Liam Dann explains what these figures mean for New Zealand's future. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:06

Philip Gregan: NZ Wine Chief Executive on China...

Best of Business ·

2024/03/14

Relief in sight for Australian winemakers, as China proposes ending crippling tariffs in exchange for suspending a dispute lodged with the WTO. These tariffs were introduced in 2020, and contributed to a wine glut that created an oversupply of 2.8 billion bottles. NZ Wine Chief Executive Philip Gregan says winemakers on this side of the Tasman are relieved for their Australian counterparts. "We've been really feeling for our Australian colleagues, they've been enduring a very hard time. The actions

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3:46

Brad Olsen: Infometrics Principal Economist on food...

Best of Business ·

2024/03/13

There's encouraging signs for food prices as the ongoing fight against inflation continues. Stats NZ data for February shows overall food price inflation is at 2.1 percent, the lowest it's been since May 2021. Infometrics Principal Economist Brad Olsen says rental prices are still stubbornly high- and that's a big part of the inflation bucket. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:19

Mark Riggall: Milford Asset Management portfolio...

Best of Business ·

2024/03/13

Inflation in the US is running hotter and faster than predicted, according to new data. The Consumer Price Index (CPI) rose to 3.2- a far cry from expectations. Milford Asset Management's Mark Riggall explains what this means for the US's economic future. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:09

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2024/03/13

The Reserve Bank and Treasury are designing a new deposit insurance scheme. However, Credit unions, building societies and finance companies have voiced concern that these measures could impact their bottom lines. NZ Herald Wellington business editor Jenee Tibshraeny explains the risks and benefits involved in this scheme. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,595 results

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