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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.

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All Episodes

4:18

Deborah Lambie: Milford Asset Management analyst on...

Best of Business ·

2023/10/18

2023 is a big year for organised labour action. Hundreds of thousands of Americans have walked off their jobs at a rate not seen in decades, with new data claiming over 18 million days have been lost to strikes so far this year. Back on New Zealand shores, 850,000 workdays have been lost to strikes between January and May, according to MBIE reports. Milford Asset Management's Deborah Lambie says unionised workers receive pay reviews less frequently, and low unemployment gives these workers extra

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3:51

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/10/18

Insurance premiums are going through the roof, and Kiwis are feeling the pinch. All types of insurance costs rose by 9.6 per cent between the September 2022 and 2023 quarters, according to new data. Dwelling insurance costs led the jump, rising 21.2 percent, and contents and car insurance premiums went up by 18.8 and 10.2 percent, respectively. NZ Herald Wellington business editor Jenee Tibshraeny explains the factors driving these hikes. LISTEN ABOVESee omnystudio.com/listener for privacy

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5:56

Scott Dunn: City Sales sales manager on property...

Best of Business ·

2023/10/18

The election result looks to have lit a fire under the property market. Real estate agents in Wellington say business has picked up since the 'blue wave' crashed through. National and ACT have both promised to phase in interest deductibility for landlords and make it easier for banks to lend money. City Sales sales manager Scott Dunn says people saw a change of Government coming. He says Auckland's market picked up about three weeks ago. "Our change happened about two or three weeks ago, we've had

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4:06

Max Whitehead: Small Business Voice NZ CEO says...

Best of Business ·

2023/10/17

A small business advocate says companies are still feeling the pinch despite lowering inflation. The inflation rate in the year to September was 5.6%, lower than the 6% in the year to June. Small Business Voice NZ Chief Executive Max Whitehead says while he's optimistic for the future, that lower rate isn't being reflected in many's experience. He told Kate Hawkesby that there isn't the confidence at the moment for businesses to reinvest in themselves. Whitehead says they're reluctant to put

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3:11

Paul Bloxham: HSBC chief economist on New Zealand's...

Best of Business ·

2023/10/17

There's signs inflation in New Zealand may have passed its peak. New figures show inflation rose 5.6 percent in the year to September, down from six percent in the year to June. It's better than expected by banks and economists. HSBC chief economist Paul Bloxham says these figures are encouraging- but inflation is still running very high, so caution should be applied. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:18

Jarrod Kerr: Kiwibank Senior Economist says New...

Best of Business ·

2023/10/17

Belief New Zealand's winning the war on inflation. Figures out today show annual inflation rose 5.6 percent in the year to September, down from 6 percent in the year to June. Kiwibank Senior Economist, Jarrod Kerr, says it's great some pressures are finally easing. "There's some frustrations in there, with petrol and a few other bits and pieces, but when we look at the broad basket of goods and services that we consume- prices are coming off." LISTEN ABOVESee omnystudio.com/listener for privacy

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3:34

Rod Oram: Business commentator on the mystery party...

Best of Business ·

2023/10/13

Sky TV has announced a mystery party wants to make a highly confidential offer to buy it. It comes after Sky’s own economic headwinds, with its full-year profit falling 18 percent to $51 million, and revenue rising 2 percent to $754 million. It also announced an on-market share buyback programme earlier this year, which was paused prior to the release of its full-year results. Business commentator Rod Oram joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy

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5:45

Ross Taylor: Fletcher Building CEO says Iplex Pro-fit...

Best of Business ·

2023/10/13

Fletcher Building's dismissing claims from west Australian builder BGC about problems caused by its Iplex Pro-fit pipes. Fletcher has doubled down on its belief installation issues with the pipes causes them to leak in some 15,000 Perth homes. BGC alleges the pipes are the issue and says fixes will cost an estimated $1.92 billion dollars. Fletcher CEO Ross Taylor told Heather du Plessis-Allan they've done a huge number of tests that disproves BGC's theory. “What we’ve seen there is in all instances

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4:05

Sam Dickie: Fisher Funds senior portfolio manager...

Best of Business ·

2023/10/12

An expert warns the ongoing Israel-Hamas conflict comes with ramifications for investors. The death toll on both Palestinian and Israeli sides has reached nearly 2500 in total, with 338,000 in Gaza displaced. Sam Dickie from Fisher Funds says the impact of this tragedy can be weighed against the economic complications surrounding the Russia-Ukraine war. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:01

Jamie Mackay: The Country host on sheep and beef...

Best of Business ·

2023/10/12

Sheep and beef farm profit margins are expected to fall a further 30 percent, according to Beef + Lamb NZ's Season Outlook. This lower profitability comes at a time where farmers are already struggling to rebuild from Cyclone Gabrielle and prepare for dry conditions ahead of El Niño, painting a grim picture in experts' eyes. The Country's Jamie Mackay says there's further downsides to this negative forecast if China doesn't bounce back quickly enough. LISTEN ABOVESee omnystudio.com/listener for

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4:39

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

Best of Business ·

2023/10/12

Signs food price inflation may be turning a corner and cooling down. Stats NZ data shows food prices are 8 percent higher for the year to September- but it's also the lowest since July 2022. NZ Herald business editor at large Liam Dann says this inflation cooldown is to be expected after months of increased food prices. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:18

Victoria Young: BusinessDesk investigations editor on...

Best of Business ·

2023/10/12

Pressure is mounting as Fletcher Building tries to work their way through an ongoing trading halt. The building company is trying to work out a possible solution in relation to plumbing failures occurring in Western Australia. Australian firm BGC says these issues with Fletcher subsidiary Iplex will cost the company over $1.8 billion to fix. BusinessDesk's Victoria Young says Fletcher has maintained that these issues come from improper installation. LISTEN ABOVESee omnystudio.com/listener for

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3:22

Bryan Wilmot: Stake Chief Marketing Officer on...

Best of Business ·

2023/10/12

German sandal company Birkenstock experienced a disappointing debut after landing on the New York Stock exchange. The brand experienced a meteoric rise in popularity over the past decade, selling over 30 million pairs in 2022 alone. Birkenstock priced its initial public offering at $46 a share- but the share prices quickly fell 12.6 percent and closed at $40.20. Stake Chief Marketing Officer Bryan Wilmot says many IPOs have attempted to enter the market within the last two years- and the economy

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5:09

Max Whitehead: Employment expert on whether companies...

Best of Business ·

2023/10/12

The question is being asked- should salaries be made public? Kiwi start-up company Tracksuit is doing just that, introducing pay transparency across its entire 51-person staff. People lead Christine van Hoffen says while it can be uncomfortable at first, it's had positive effects on the team. Employment expert Max Whitehead says pay transparency allows room for trouble. "It becomes this resentment, it becomes this conflict and discontent in the workplace." LISTEN ABOVE See omnystudio.com/listener

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3:41

Frances Sweetman: Milford Asset Management Portfolio...

Best of Business ·

2023/10/11

Net migration has reached a new record high. Stats NZ says in the year to August, 110,000 more people moved to New Zealand than left. Arrivals reached an all-time high of 225,000, and migrant departures got to 115,000. Milford Asset Management's Frances Sweetman explains why this new wave of migrant workers are drawn to New Zealand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:08

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/10/11

Taxes - and tax cuts - have turned into a political football this election. Changing income tax rates is high on the agendas of most political parties, with National and ACT promising adjustments and the Greens, Te Pāti Māori and TOP calling for progress. What would this mean for voters? NZ Herald Wellington business editor Jenee Tibshraeny breaks down these proposed policies. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:49

Shane Moore: TheSalt co-founder explains how everyday...

Best of Business ·

2023/10/11

A company is moving marketing to a new level by trying to use the power of everyday Kiwis. Social media business TheSalt is entering the New Zealand market by paying users to post about specific brands, including McDonald's and Netflix- paying a starting $50 per post. Co-Founder in New Zealand, Shane Moore, says using genuine locals is a good marketing technique. "It's all about community and connecting people with brands that we already use and love." LISTEN ABOVESee omnystudio.com/listener for

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2:52

Brad Olsen: Infometrics Principal Economist says...

Best of Business ·

2023/10/11

Provincial areas in New Zealand are feeling the impacts as growing numbers of Kiwis jet off overseas. Stats NZ says in the year to August, 110,000 more people moved to New Zealand than left. Arrivals reached an all-time high of 225,000, with 115,000 migrant departures. Infometrics Principal Economist Brad Olsen says migrants often move to the main cities- but New Zealanders are leaving from all over. "Provincial areas across the country are seeing that young talent head off to Australia at a time

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3:02

Pattrick Smellie: BusinessDesk managing editor on...

Best of Business ·

2023/10/10

National's Chris Luxon has promised to double the value of exports in 10 years, if elected. The party also vowed to pursue Free Trade Agreements, pump up our trade missions, and prioritise increasing trade with India. BusinessDesk managing editor Pattrick Smellie isn't too confident about National's proposal. "The fact is, New Zealand's export performance unfortunately hasn't changed very much in the last 30 to 40 years- we're still sending about 20 percent of our stuff offshore." LISTEN ABOVESee

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5:47

Todd McClay: National trade and export spokesperson...

Best of Business ·

2023/10/10

Chris Luxon is promising to double the value of New Zealand's exports in 10 years, if elected. National's also vowing to pursue Free Trade Agreements, pump up our trade missions and prioritise increasing trade with India. National trade and export spokesperson Todd McClay says the UAE is interested in doing an exclusive trade deal with New Zealand. "For the first time in a long time, they want the high-quality protein, the food that we produce." LISTEN ABOVESee omnystudio.com/listener for privacy

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3,595 results

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