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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

3:59

Chris Penk: Building and Construction Minister on the...

Best of Business ·

2025/09/29

A shake-up to the quake-prone building standards could be a reprieve for iconic properties facing large retrofit bills. The Government's loosening the regime to only capture buildings genuinely posing a risk to life in medium and high seismic risk zones. It'll mean only 80 will need full retrofits and 15,000 will still need some remediation. Building and Construction Minister Chris Penk says there'll be a lot of places now off the hook for having expensive work. "A large number of buildings that

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5:36

Oliver Peterson: Australian correspondent on the...

Best of Business ·

2025/09/29

Australian telco giant Optus is investigating another network outage that led to nine failed triple-0 calls on the NSW south coast. Optus has issued a statement saying the problem stemmed from a mobile phone tower site in Dapto. It affected calls between 3am and 12:20pm on Sunday, including calls to the triple-0 network. Australian correspondent Oliver Peterson says this incident will cause significant damage to the relationship Optus has with its customers. LISTEN ABOVESee omnystudio.com/listener

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6:06

Jamie Mackay: The Country host on Fonterra posting an...

Best of Business ·

2025/09/25

New Zealand's economy has been shrinking, but our largest company has seen profits surge. Fonterra's announced a 13 percent rise in annual operating profit. Its cash return to shareholders is up 30.6 percent, and its final farmgate milk payout to farmers has reached a new record high of $10.16 per kg of milk solids. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:38

John Carnegie: Energy Resources Aotearoa CEO on oil...

Best of Business ·

2025/09/25

Oil and gas exploration applications have reopened for the first time since the 2018 ban. Companies can now apply for new prospecting and exploration permits anywhere in the country - not just onshore Taranaki. An open market application pathway's also being introduced to allocate new permits, in addition to the current competitive tender process. Energy Resources Aotearoa chief executive John Carnegie says there's concerns among investors about the ongoing certainty of this, given the backlash from

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5:46

Miles Hurrell: Fonterra CEO reveals how strong result...

Best of Business ·

2025/09/25

Fonterra's CEO says cheaper butter prices could be on the horizon. The dairy co-op's announced a 13 percent rise in annual operating profit and a record-high final milk payout of $10.16 per kg. Chief Executive Miles Hurrell says it's a great result for farmers. He says the price of wholesale butter globally has fallen 15 percent in the past two months. "At some point, that'll flow through to the supermarkets - I suspect that they'll set their own prices, but that should flow through and give it an

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4:47

Mark Callander: 2degrees CEO on the company's net...

Best of Business ·

2025/09/24

Telco provider 2degrees made a net loss attributable to shareholders of $18.2 million for the 2025 financial year. Despite this, operating earnings and overall revenue, plus revenue in key product categories such as mobile, broadband and energy, were up. CEO Mark Callander says it's a tough economic environment - but the company's hoping things will pick up. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:39

Brad Olsen: Infometrics Principal Economist on...

Best of Business ·

2025/09/24

Treasury has raised the alarm over the state of New Zealand's public finances as part of its long-term fiscal forecast. Record levels of Government spending, increasing health costs and an ever-growing aging population are among the concerns set to create additional fiscal pressures for the country, according to new reports. Treasury warned Net Core Crown Debt is set to hit 200 percent of GDP by 2065. Infometrics Principal Economist Brad Olsen says some of these concerns were flagged as early as

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4:49

Andrew Curtayne: Milford Asset Management expert on...

Best of Business ·

2025/09/24

AI and technology stocks are continuing to have a significant presence in the market - but which companies are leading the charge? Broadcom and Oracle are among the companies that have generated positive results, and Nvidia made headlines following its $100 billion investment in OpenAI. Milford Asset Management's Andrew Curtayne explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:27

Scott Simpson: Commerce and Consumer Affairs Minister...

Best of Business ·

2025/09/24

The Commerce and Consumer Affairs Minister is not sharing the same fears as retailers over the surcharge ban. Scott Simpson says the legislation banning surcharges like PayWave is before the Select Committee and will be in place by next year. 36 business associations have written a letter warning the ban could be passed on through increased prices. Simpson says a lot of businesses don't use surcharges - so won't be impacted or need to raise prices. "The ones that choose to add that pricing in will

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6:11

Nicola Willis: Finance Minister on the search for new...

Best of Business ·

2025/09/24

Three hundred potential candidates were identified in the hunt for our new Reserve Bank Governor. The role has gone to Anna Breman, who was the First Deputy Governor of Sweden's central bank. Finance Minister Nicola Willis says it was a a tough competition amongst candidates. "The Reserve Bank went through a process of both advertising and also doing a large international search to consider people that could be qualified for the role." LISTEN ABOVESee omnystudio.com/listener for privacy

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6:00

Azaria Howell: Newstalk ZB reporter on the Government...

Best of Business ·

2025/09/24

The new Reserve Bank Governor is pledging to build trust and credibility. Sweden's Anna Breman has been announced to lead the central bank, taking over from interim Governor Christian Hawkesby in December. She'll be the first woman to ever hold the role - selected from more than 300 candidates who were initially identified. Newstalk ZB reporter Azaria Howell says Breman has revealed the new core ideals of the RBNZ under her leadership - and has voiced her commitment to transparency. LISTEN ABOVESee

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5:41

John MacDonald: Christopher Luxon's people don't even...

Best of Business ·

2025/09/24

You know how the Prime Minister does a very good job of batting away poll results and saying that his focus is fixing up the joint after the last lot and that he’ll wait until election day to be judged? I don’t think he will find it quite as easy to do that with these results out today from the NZ Herald’s annual Mood of the Boardroom survey. The annual survey of about 150 business leaders – 125 of them being CEOs of major New Zealand companies. People like Port of Auckland boss Roger Gray, the head

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3:59

Leah McKerrow: North Chamber CEO on the call to...

Best of Business ·

2025/09/23

A view that small businesses may suffer and not be able to survive if the Government's surcharge ban comes into play. Commerce Minister Scott Simpson announced the ban on surcharges like PayWave will be in place by May next year. In an open letter, 36 Chambers of Commerce, industry and business associations warn the ban will just be passed on through increased prices. North Chamber Chief Executive Leah McKerrow told Francesca Rudkin there should a consumer line that identifies those abusing the

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5:16

Neil Paviour-Smith: Forsyth Barr Managing Director on...

Best of Business ·

2025/09/23

Business leaders aren’t sugarcoating their messages for the Government. The Herald's annual Mood of the Boardroom survey shows business leaders are less optimistic about the economy than they were a year ago. Only a third of respondents back the Government's current growth agenda. Forsyth Barr Managing Director Neil Paviour-Smith told Mike Hosking concerns are being expressed about the need to tackle the difficult problems and long-term issues. He says there’s a need for the Government to be much

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4:41

Jamie Mackay: The Country host on farmers offering an...

Best of Business ·

2025/09/23

A group of Southland farmers say there is a way to profitability for Alliance Group without selling off 65 percent of the co-op. Alliance shareholders are set to vote on whether to accept a deal from Irish company Dawn Meats, which was offering $250 million for a share in the New Zealand co-operative. The Country's Jamie Mackay weighed in on the offer - and whether Alliance Group is likely to consider this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:58

Paul Mackay: Business NZ employment specialist on the...

Best of Business ·

2025/09/23

Business NZ says the Government's making workers leave simpler and more cost-effective. It's announced a new hours-based annual and sick leave accrual system, including flexibility of being able to take only the hours needed off work rather than a full day. It'll also mean part-time workers will no longer have a minimum sick leave entitlement. Business NZ's Paul Mackay says leave's always been accrued, but there were other rules attached. "The Government has simplified it by saying - you accrue

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4:20

Brooke van Velden: Workplace Relations Minister on...

Best of Business ·

2025/09/23

There's hopes new changes around leave entitlements will mean employers can focus on their core business. The Government has announced a new hours-based annual and sick leave accrual system as well as the right to take bereavement leave from day one. The changes also mean part-time workers will no longer have a minimum sick leave entitlement - it'll instead be calculated by hours worked. Workplace Relations Minister Brooke van Velden says businesses have been struggling under Labour's changes to

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5:01

Azaria Howell: Newstalk ZB reporter on the Government...

Best of Business ·

2025/09/23

Speculation is building on who'll be the next Governor of the Reserve Bank, and the Government is due to make an announcement tomorrow. A source has told Bloomberg the new Governor is a woman - and is from overseas. Speculation has centred on the Bank of England's Sarah Breerdon. Newstalk ZB reporter Azaria Howell speculates ahead of the big announcement. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:32

Leeann Watson: Business Canterbury CEO on the...

Best of Business ·

2025/09/22

Businesses are hopeful an overhaul of the Holidays Act will give them clearer leave guidelines. The Workplace Minister will announcing a change to the 2003 Act today. Business Canterbury CEO Leeann Watson told Francesca Rudkin the current legislation is far too complex. She says businesses have almost needed an advanced calculus degree to meet their obligations. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:52

Richard Tacon: BT Mining chief executive on the...

Best of Business ·

2025/09/22

Genesis Energy has struck a two-year deal with New Zealand mining company BT Mining to supply 240,000 tonnes of coal to its Huntly Power Station. The deal equates to BT Mining providing 10,000 tonnes of coal a month to Huntly, which supports the hydro-dominated electricity system. BT Mining chief executive Richard Tacon explained how this deal will boost the local economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,255 results

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