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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

3:08

Rob Clark: Seek Country Manager as Job ads listed...

Best of Business ·

2023/08/28

Job ads listed on Seek have fallen for a fourth consecutive month. Its July report shows ad numbers fell four percent month-on-month and are just one percent higher than July 2019 - while applications rose 11 percent. The decline has been driven by weakening demand in manufacturing, transport and logistics, information and communication technology and trades. Country manager Rob Clark says the falling trend is the same across the country. He says Hawke's Bay was the one exception - which

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3:48

Kelly Eckhold: Westpac Chief Economist says the Govt...

Best of Business ·

2023/08/28

The Government is trying to cut spending as economists predict it'll need to borrow billions more. Finance Minister Grant Robertson is cracking down on public contractors and consultants spending, announcing it'll mean savings of almost $4 billion over four years. Westpac Chief Economist Kelly Eckhold told Mike Hosking the Government is spending $137 billion dollars a year, but this'll help at the margins. He says given the revision of revenue estimates, it might need to borrow an extra $15

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4:14

Feroz Ali: NZFW owner ahead of refreshed edition of...

Best of Business ·

2023/08/28

New Zealand Fashion Week is being refreshed after three years away from the catwalk. Starting today Kiwi designers will have their talent showcased across more than 50 runway shows, talks, and workshops. Owner Feroz Ali told Kate Hawkesby this time round there's greater opportunity for the public to see work from a more diverse pool of designers. Ali says there are a lot more indigenous and emerging designers coming through. He says the new talent will be shepherded by stewards like Kate

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2:36

Alan McDonald: EMA Head of Strategy says many...

Best of Business ·

2023/08/28

There are fears unemployment could rise as many businesses look to restructure. Seek's latest report for July shows job ad volumes dropped four percent month-on-month and are 26 percent lower year-on-year. They're now just one percent higher than in July 2019 - while applications per job have risen by 11 percent - the highest level on record. Employers and Manufacturers Association Head of Strategy Alan McDonald told Kate Hawkesby many businesses are looking to cut costs rather than take on more

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3:38

Nicola Willis: National Finance spokesperson says...

Best of Business ·

2023/08/28

National says Grant Robertson can't deliver on the savings he's announced by slashing public contractors and consultants' spending. The Finance Minister says the move will mean savings of almost $4 billion over the next four years. He's also announced a trimming back of programmes and a limit on future budget allowances. National Finance spokesperson Nicola Willis told Kate Hawkesby this won't make any difference. She says the Government has thrown billions at growing the bureaucracy and this

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5:03

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

Best of Business ·

2023/08/28

One expert is warning about the dangers of a Trump comeback following his recent arrest. The former president was lined up for a mugshot in Georgia after he surrendered on charges that he illegally schemed to overturn election results. NZME business commentator Fran O'Sullivan says strategic shifts implemented during his administration influence current policy- and New Zealand needs to be alert to geopolitical changes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:28

Craig Renney: Council of Trade Unions economist on...

Best of Business ·

2023/08/28

New research has found rising corporate profits have contributed to over half of current domestic inflation. This information conflicts with earlier reports that increased wages and supply costs were the bigger driving forces behind inflation. Council of Trade Unions economist Craig Renney says research shows that corporate profits have been boosting inflation all over the world- not just New Zealand. "That's because companies can change prices far more quickly than workers can change their wage

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14:32

Alec Renehan and Bryce Leske: Equity Mates...

Best of Business ·

2023/08/27

The duo behind one of Australia's most well-known investment podcasts are back with a new guide to securing your financial future. Alec Renehan and Bryce Leske sell themselves as investment experts for millennials, and they aim to help people new to investing get ahead. Their new book, Don’t Stress, Just Invest, promises to educate readers on taking advantage of technology to automate the investing process. "It's aimed at all those people we know don't want to spend the time listening to an

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2:28

Sue Moroney: Community Law Centres Aotearoa says...

Best of Business ·

2023/08/24

New alcohol legislation is being dubbed a move in the right direction. Communities will now have more of a say on whether liquor licences should be issued in their area. Community Law Centres Aotearoa's Sue Moroney told Mike Hosking people are concerned about the impacts of alcohol in their neighbourhoods. Moroney says although crime is often alcohol fuelled, communities don't have the opportunity to say anything about licences in their areas, but this can now change. LISTEN ABOVESee

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3:36

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

Best of Business ·

2023/08/24

How much financial pain is too much to inflict on young families struggling to pay off their first homes? History indicates it's a rite of passage- baby boomers endured mortgage rate spikes of 20 percent and Generation X suffered under rates that soared above 10 percent. NZ Herald business editor at large Liam Dann agrees it's a generational rite of passage, but the weight of the burden has grown for young people. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:46

Oliver Peterson: Australian correspondent on Qantas...

Best of Business ·

2023/08/24

Qantas has posted an underlying profit of nearly $2.5 billion- their first since Covid-19. The flying kangaroo has bounced back from a $1.9 billion loss last financial year, driven by a 132 percent increase in passengers. Australian correspondent Oliver Peterson says Qantas has been trying to distract their customer base with sales and extra points ahead of potential outrage.See omnystudio.com/listener for privacy information.

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5:21

Carrie Hurihanganui: Auckland Airport CEO promises...

Best of Business ·

2023/08/24

Auckland International Airport has managed to bounce back following the return of international travel. A sharp increase in both domestic and international passengers enabled the company to report their first profit since the pandemic. CEO Carrie Hurihanganui says the airport still requires upgrades, and they're confident the forecast growth will support these developments. "After 10 years of consultation, and 21 concept designs benchmarking worldwide, we are confident in regards to the forecast

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5:54

Sophie Moloney: Sky TV CEO assures customers issues...

Best of Business ·

2023/08/24

Sky TV has reported results in line with expectations and seeks to double their dividend payout to 30 sends in the next three years. Full-year profit fell 18 per cent to $51 million - but when adjusted for one-offs including restructuring costs, rose 15 per cent to $56.7m. However, the company is struggling to get consumers to switch to their new Sky Box, as only 7 percent of users have traded in their decoders so far. Sky TV CEO Sophie Moloney says a new update to be released next week will fix

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3:35

Greg Foran: Air New Zealand CEO on the company...

Best of Business ·

2023/08/24

Air New Zealand's chief executive warns that their fares are unlikely to go back to pre-pandemic levels. The company today reported a full-year underlying profit of $585 million on operating revenue of $6.3 billion, up 9 per cent on pre-Covid levels. This result is a turnaround on pre-tax losses of $725m last year. CEO Greg Foran says customers should expect prices to come down as they add more seats, but they'll never match 2019's offerings. "There are so many dynamics at play, but if I look ahead

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3:09

Oliver Bryan: Taxpayers' Union reveals $5m of...

Best of Business ·

2023/08/23

Criticism has come of the millions of dollars being spent to educate the children of our diplomats serving overseas. The Taxpayers' Union says the children's premium education costs taxpayers $5 million a year - with $800,000 going to children in the US, and $500,000 to children in China. Union spokesperson Oliver Bryan told Mike Hosking it's a waste given the amount he claims diplomats earn. Bryan says it's unfair for New Zealanders to foot the bill during a cost of living crisis, when our own

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3:11

Claire Amos: Albany Senior High School Principal...

Best of Business ·

2023/08/23

An Auckland secondary principal's coming to the defence of using artificial intelligence in schoolwork. But parents are split almost 50-50 on whether it's a good idea, according to a Norton cybersecurity survey. Albany Senior High School Principal Claire Amos told Mike Hosking instead of restricting it, we should instead educate kids on how AI works. She says AI is already woven into Microsoft and Google platforms and most online tools that are used in the classroom. LISTEN ABOVE See

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3:39

Owen Vaughan: One Roof Editor says house price...

Best of Business ·

2023/08/23

One roof figures show the house price slump is over in Auckland, Christchurch and Wellington. The quarterly rises show a 0.3 percent increase in the value of Auckland properties, a 2 percent increase for Christchurch properties and 0.1 percent decrease in Wellington properties - but One Roof believes that will rise again shortly too. Editor Owen Vaughan says it's not a large increase but it's still significant - he joined Francesca Rudkin. LISTEN ABOVESee omnystudio.com/listener for privacy

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5:18

Kirk Hope: Business NZ CEO says food and fibre export...

Best of Business ·

2023/08/23

Food and fibre export revenue has hit new heights. It's drawn $57.4 billion for the year to June 30, bringing $1.2 billion more into the economy than was originally forecast. Dairy, horticulture, seafood and processed food exports have driven the record increases. Business NZ chief executive Kirk Hope told Francesca Rudkin these are good headline numbers, but there are underlying factors. He says, for example, while dairy by value is up the milk price is down by what was forecast from $8.30 to

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4:36

Damien O'Connor: Trade Minister hits back at DHL's...

Best of Business ·

2023/08/23

This year's DHL export NZ barometer shows nine out of ten Kiwi exporters report seeing an increase in total costs in the past year. Minister for Trade and Export Growth Damien O'Connor is hitting back telling Mike Hosking everybody knows prices have gone up as there's international inflation. "Words like staggering and remarkable in DHL's Export New Zealand press release, a bit of an over hype of something that we are all aware of." LISTEN ABOVESee omnystudio.com/listener for privacy

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2:36

Chitra Shinde: DHL Operations VP on export barometer...

Best of Business ·

2023/08/23

Kiwi exporters say high costs are a major barrier to doing business here. This year's DHL export NZ barometer shows nine out of ten Kiwi exporters report seeing an increase in total costs in the past year. Many are increasing prices to compensate. DHL Operations Vice President Chitra Shinde told Mike Hosking many companies are withholding stock, and pulling back. She says companies are holding onto inventory, because of uncertainty, which also accounts for costs. LISTEN ABOVE See

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3,595 results

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