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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

6:57

Jamie Mackay: The Country host on Zespri CEO Dan...

Best of Business ·

2024/01/23

Zespri chief executive Dan Mathieson is stepping down from New Zealand's biggest kiwifruit exporter to pursue overseas opportunities. Mathieson has led Zespri for over seven years, and will stay on until the end of the 2024 harvest, before joining up with American-based berry company Driscoll’s. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:55

Tony Alexander: independent economist on the Reserve...

Best of Business ·

2024/01/23

A potential silver lining for first home buyers in possible changes to lending rules. The Reserve Bank is proposing introducing debt to income ratios from the middle of the year. Owner occupiers could borrow six times their income, while for investors it would be seven times. Independent economist Tony Alexander says the central bank plans to ease up on loan-to-value ratios at the same time. He says that will allow more lending where deposits are less than 20 percent. "So actually, given that

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2:59

Paul Spain: tech commentator questions the necessity...

Best of Business ·

2024/01/23

Whether Jacinda Ardern will continue as New Zealand's special envoy for the Christchurch Call - is still up in the air. The multilateral body brings together tech companies and countries to fight online extremism. Ardern's already met up with Prime Minister Chris Luxon in Auckland, and he says they'll discuss the matter in coming months. Tech commentator Paul Spain says it's likely tech companies would filter out extremist content on their own accord, regardless of the Call. "That's open to some

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5:00

Stefan Vogel: Rabobank researcher says New Zealand...

Best of Business ·

2024/01/22

New Zealand exports could profit from the ongoing conflict in the Red Sea. Freight continues to be redirected around Africa's Cape of Good Hope while violence continues to escalate. The new route means the products this country sends to the Asian market won't take as long as those from Europe or Eastern USA. Rabobank researcher Stefan Vogel says exporters may want to keep an eye on container availability. "If we're struggling to find the containers, we may actually have an issue on that side that

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3:21

Steve Armitage: Hospitality NZ CEO on the data...

Best of Business ·

2023/12/18

Welcome news for businesses, as new data shows that consumer confidence is on the rise. The latest Westpac McDermott Miller Index shows consumer confidence is at its highest level in nearly two years. Hospitality NZ CEO Steve Armitage told Tim Dower that it's a good sign ahead of the holidays, and the sector is feeling encouraged by a change in government. He says business owners are welcoming the government's move to scrap fair pay agreements. LISTEN ABOVE See omnystudio.com/listener for

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10:02

The Huddle: Was it a good idea for the Government to...

Best of Business ·

2023/12/14

Tonight on The Huddle, Jordan Williams from the Taxpayers' Union and Infrastructure NZ Chief Executive Nick Leggett joined in on discussion about the following issues of the day- and more! Finance Minister Nicola Willis remains firm in her decision to scrap cost increases to the Cook Strait mega-ferries project. Does this serve as a warning to the public service around budgets for big projects? What happens next? GDP fell 0.3 percent in the three months to September - a much worse result than

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3:44

Sam Dickie: Fisher Funds senior portfolio manager...

Best of Business ·

2023/12/14

More local councils are turning to asset sales in order to balance their books. The Bay of Plenty Regional Council aims to sell off several majority shares in the Port of Tauranga, and Auckland, Christchurch and Wellington are also investigating potential asset sales. Fisher Funds expert Sam Dickie explains what these sales might mean for investors. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:54

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

Best of Business ·

2023/12/14

Today's Q3 GDP report caught several economists by surprise. GDP fell 0.3 per cent in the September quarter, lower than the predicted 0.2 or 0.3 percent growth forecasts had predicted. Across the whole year, GDP fell 0.6 percent overall, sparking more grim predictions. NZ Herald business editor at large Liam Dann says Luxon's inherited a long-running recession to address. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:21

Jason Walls: ZB political editor on Grant Robertson...

Best of Business ·

2023/12/14

New Zealand's former Finance Minister has stepped up to justify today's disappointing GDP results. GDP fell 0.3 percent in the three months to September- with political voices blaming the previous Government's decisions for the decline. Grant Robertson says it doesn't tarnish Labour's economic credibility, as other economies are in the same boat. ZB political editor Jason Walls says there's a silver lining here, because interest rates could come down sooner than predicted. LISTEN ABOVESee

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3:13

Stephen Toplis: BNZ economist on the...

Best of Business ·

2023/12/14

Weak economic growth is expected to continue a while. GDP fell 0.3 percent in the three months to September - a much worse result than forecast by most economists. BNZ Economist Stephen Toplis says it will take time to get a sunnier situation. "Market conditions ease, and that gives the economy a bit of a boost. But I think, realistically speaking, we're talking until the middle of next year." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:35

Heather du Plessis-Allan: The GDP numbers confirm...

Best of Business ·

2023/12/14

It's fair to say that the GDP figures out this morning came as a shock- it's a lot weaker than economists were expecting. Economists were tending to forecast a bit of growth, around 0.2 percent to 3 percent, and instead what they saw was the economy slumped 0.3 percent for the third quarter, which is July through to September. And if you calculate it per capita to account for all the extra people who arrived here during that time, it's even worse- the slump is 0.9 percent, which is actually quite

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12:26

Liam Dann: NZ Herald Business Editor on the GDP...

Best of Business ·

2023/12/13

Surprise at today's negative GDP figure. It fell 0.3% in the three months to September, a switch from a revised 0.5% increase for the three months to June. Stats NZ originally reported that quarter as a 0.9% growth. Herald Business Editor at Large Liam Dann told Kerre Woodham that it's much gloomier than most expected. He says most economists were predicting at least some growth. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:37

Deborah Lambie: Milford Asset Management analyst on...

Best of Business ·

2023/12/13

Technology continues to evolve and spill over into the world of work, allowing more robots to fit into modern workplaces. More companies have turned to robot workers to fill jobs that are difficult to recruit for, primarily the manufacturing sector. Milford Asset Management's Deborah Lambie explains what this means for the years ahead. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:08

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/12/13

New Zealand’s current account deficit remains stubbornly high, according to the latest data. A new report shows the country spent $30.6 billion more on imports than it earned from exports in the year to September, the equivalent to 7.6 percent of GDP. NZ Herald Wellington business editor Jenee Tibshraeny explains what this data means for Kiwi spending habits. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:08

Peter Reidy: KiwiRail chief executive on Nicola...

Best of Business ·

2023/12/13

The deal's off - with two new mega-ferries for the Cook Strait no longer going ahead. KiwiRail has confirmed it will terminate a contract signed in 2021 to build the new ships in South Korea. The Government has turned down KiwiRail's funding request to cover the escalating cost for the new ships and port infrastructure. Chief Executive Peter Reidy says this is 'disappointing news for him and the KiwiRail team. "We'll focus today on our people and our customers, which we've been doing. And on Monday,

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4:47

Pierre van Heerden: Grocery Commissioner urges...

Best of Business ·

2023/12/13

The Grocery Commissioner is shining a spotlight on grocery prices this festive season. Pierre van Heerden is challenging supermarkets to implement Everyday Low Pricing on staple items before Christmas. Demand typically rises at this time of year - and van Heerden says prices often do, too. He says groceries have been this year's biggest driver of cost of living pressures. "Supermarkets can actually bring a bit of Christmas cheer and provide something back to consumers." LISTEN ABOVESee

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3:59

Paul Bloxham: HSBC chief economist on what to expect...

Best of Business ·

2023/12/12

2023 is drawing to a close, and economists are predicting what lies ahead for the new year. New Zealand is still fighting a long, drawn-out battle with inflation, which is set to impact jobs and house prices. HSBC chief economist Paul Bloxham says the uptick in migration is set to boost demand for goods and services- meaning inflation will be stickier for longer. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:09

Pattrick Smellie: BusinessDesk managing editor on the...

Best of Business ·

2023/12/12

More local councils appear to be drawn towards attempting asset sales. The Bay of Plenty Regional Council has begun the process of selling a chunk of its majority share in the Port of Tauranga. Auckland, Christchurch and Wellington are also investigating potential asset sales. BusinessDesk managing editor Pattrick Smellie explains the benefits and drawbacks of this process. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:49

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

Best of Business ·

2023/12/11

Former politician and Reserve Bank Governor Don Brash has issued a warning about the second pillar of AUKUS. US lawmakers have struck a deal on the AUKUS military pact - with legislation approving the sale of three Virginia-Class vessels expected to soon be made public NZME business commentator Fran O'Sullivan noted that his concerns reflected previous sentiments that the US held too much influence over the new Government. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:29

David McDonald: Being AI co-founder on being the...

Best of Business ·

2023/12/11

Emerging AI company Being AI is set to become the first artificial intelligence-based business to appear on the NZX. Listed investors Ascension Capital have today entered into a conditional agreement to acquire several businesses, with a vote set for March. Co-founder David McDonald says the venture aims to help other companies make sense of the AI space. "We've got three branches, if you will. There's AI consulting, the AI ventures arm for the investments and then Being labs, which is the

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3,595 results

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