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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

3:43

Kate Hawkesby: For all the people ‘hopping across the...

Best of Business ·

2023/08/08

For all the people ‘hopping across the Tasman’ at the moment I can tell you one thing - it’s not a hop. It used to be a short haul quick trip - painless. But these days it seems to be less painless and more painful. I’m not sure who’s more at fault - Auckland airport or Air New Zealand, or both. Of the three times I’ve crossed the Tasman in the last month; I’ve been held up on the tarmac or delayed every time - twice without any communication at all. Once was a lengthy tarmac sit where they

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5:46

Andrew Kelleher: JMI Wealth Director says reason for...

Best of Business ·

2023/08/08

The Government's climate deal with a major global fund manager is being described as 'perplexing'. BlackRock Capital has launched a $2 billion dollar climate fund to help New Zealand achieve 100 percent renewable electricity. It would invest in solar, wind and green hydrogen infrastructure. But JMI Wealth Director Andrew Kelleher told Mike Hosking the reason for the announcement is puzzling, as the $2 billion doesn't exist yet. Kelleher says BlackRock is targeting that figure and he can't confirm if

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6:02

Paul Bloxham: HSBC Chief Economist on the...

Best of Business ·

2023/08/08

Economies are slowing down all over the world- with many poised to enter technical recessions. Australia's economy has stalled and unemployment rates are set to rise, leading experts to believe the region will follow New Zealand into a technical recession. HSBC Chief Economist Paul Bloxham says there are lots of ways to think about whether an economy has tipped into a recession. "Is it really a recession if there's a lot of job creation still going on? There are lots of ways to think about whether

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4:17

Pattrick Smellie: BusinessDesk managing editor on...

Best of Business ·

2023/08/08

The Government and BlackRock have joined forces to create a climate infrastructure fund to support 100 percent renewable electricity generation. The fund is designed to provide access to greater pools of capital for New Zealand, create jobs, and accelerate green energy options, including solar, wind, and hydrogen. BusinessDesk managing editor Pattrick Smellie says BlackRock are essentially offering the nation a broking service where all sides will get good PR. LISTEN ABOVESee omnystudio.com/listener

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5:14

John MacDonald: The tax arguments don't stack up

Best of Business ·

2023/08/08

If I said to you, there was one thing all the political parties need to stop doing straight away, what do you think it would be? One thing that pretty much every party is doing. The ones on the left. The ones on the right. The ones in the middle. They’re all doing it. What do you think it would be? It would be these ridiculous promises that, if they’re part of the next government, we’ll be paying less taxes. They’re all doing it. We’ve got the Maori Party talking about no GST on fruit and veggies

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5:40

Andrew Kelleher: JMI Wealth Director says Restaurant...

Best of Business ·

2023/08/07

Shareholders in New Zealand's main fast food company are having to swallow some tough financial news. Restaurant Brands, which owns KFC, Pizza Hut, Carl's Junior and Taco Bell is expecting to see just half the full year profit it achieved last year. It's due to inflation around both wages and the cost of ingredients. JMI Wealth Director Andrew Kelleher told Mike Hosking the company hasn't been able to claw back those expenses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:37

Kevin Hart: Wind Energy Association CEO says Govt's...

Best of Business ·

2023/08/07

The wind energy sector is praising the Government's move to help fast track three new wind farms. The projects in Southland, at Waiuku south of Auckland, and near Palmerston North are set to generate as much power as the Clyde Dam. They'll also save 150 million kilograms of carbon emissions. Wind Energy Association Chief Executive Kevin Hart says the move will help the industry. Hart says he's excited by the announcement as the projects are a positive step forward. He says with approval criteria

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3:23

Greg Smith: Retail expert says NZ's main fast food...

Best of Business ·

2023/08/07

The country's main fast food company says its full year profit could be half of last year's. Restaurant Brands, responsible for KFC, Taco Bell, Carl's Junior and Pizza Hut, is blaming inflation. Devon Funds Management Retail Manager Greg Smith told Kate Hawkesby there's a clear driver of higher costs in the sector. He says the price of ingredients has risen threefold in some cases. The company is expecting between $12 and $16 million in profit. LISTEN ABOVE See omnystudio.com/listener for privacy

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5:16

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

Best of Business ·

2023/08/07

Meat exporters have been watching the global spat between the US and China, and some worry New Zealand may be caught in the crossfire. New Zealand's leading trade negotiator Vangelis Vitalis has warned the golden weather for trade policy is over and the region has to be careful going forward. NZME business commentator Fran O'Sullivan says tensions are high between the US and China and New Zealand won't want to get drawn into either security camp. LISTEN ABOVESee omnystudio.com/listener for privacy

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41:38

Lisa Dudson: From an idea to a business

Best of Business ·

2023/08/07

It's one thing to have a great idea but how do you turn that into a business? Lisa Dudson gives her insight. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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8:23

Jamie McKay: The Country host says Fonterra's reduced...

Best of Business ·

2023/08/03

Bleak news has come for dairy farmers this morning. Fonterra has drastically reduced its forecast Farmgate Milk Price for the current season due to ongoing reduced demand from China. The midpoint has plummeted from $8/kg of milk solids, to just $7. Fonterra boss Miles Hurrell is blaming a recent 12 percent drop in the price of whole milk powder, due to much lower than expected demand from China. The Country host Jamie McKay says this will be make-or-break for many farmers. Jamie McKay joined Kerre

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2:47

Tim Lightbourne: Invivo co-founder on securing deal...

Best of Business ·

2023/08/03

Who doesn't love a bit of good wine news on a Friday - the bottle can already be heard opening. Invivo's Sarah Jessica Parker sauvignon blanc has just won tenders for US airlines – to be served on international premier and business class across the US. The Disney cruise line will also be arriving in New Zealand soon and Invivo have secured the wine onboard. Invivo co-founder Tim Lightbourne joined the Mike Hosking Breakfast. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:49

Sam Dickie: Fisher Funds senior portfolio manager on...

Best of Business ·

2023/08/03

US markets plummeted overnight following Fitch downgrading the US credit rating from AAA to AA+. The agency cited fiscal deterioration over the next three years and drawn-out debt ceiling negotiations. Fisher Funds senior portfolio manager Sam Dickie says the fiscal situation in the US Government has been heavily publicised, meaning Fitch mulled over their decision to downgrade. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:12

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

Best of Business ·

2023/08/03

Robertson and Hipkins have admitted Government's books are in a more challenging position than expected- but deny claims of a fiscal hole. The Finance Minister confirmed he met with public service chiefs for a meeting about monetary restraint. NZ Herald business editor Liam Dann explained that as the economy goes further south and diverges from Treasury forecasts, the gap in the Crown accounts grows- but it's unlikely to be $20 billion. LISTEN ABOVESee omnystudio.com/listener for privacy

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2:25

Mike's Minute: The fiscal hole is the last economic...

Best of Business ·

2023/08/02

It doesn’t really matter whether it's a $20 billion hole or not. It might be $19.6 billion. The fact is, the Government has a hole, a massive fiscal hole that will, before the election, be fully exposed in what they call the PREFU. The scandal here is several-fold. The Government can, to a degree, hide behind Treasury. We asked at the time and the likes of Grant Robertson said they had no choice but to accept Treasury's forecasts. The reality of Treasury is they couldn’t hit the side of a barn with

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4:34

Wayne Langford: Federated Farmers National president...

Best of Business ·

2023/08/02

GDT results have taken a sharp dive - down 4.3 per cent. Whole milk powder - which more or less dictates Fonterra's farmgate milk price - is down 8 per cent. It's all painting a fairly bleak outlook for farmers.. Wayne Langford, Federated Farmers National president, joined Early Edition to discuss the impact of the figures. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:23

Brad Olsen: Economist says even if we don't know size...

Best of Business ·

2023/08/02

We don't know how bad the Government's books are, but there are signs things are worse than previously thought. National is calling on Finance Minister Grant Robertson to be up-front about the state of the books. Robertson has confirmed he's called in Crown chief executives for a meeting about financial restraint. But Infometrics Principal Economist Brad Olsen told Francesca Rudkin the Finance Minister won't be specific about any revenue shortfall. Olsen says even if we don't know the size of any

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3:51

Wayne Brown: Auckland Mayor says his bold makeover...

Best of Business ·

2023/08/02

Auckland Mayor Wayne Brown says his bold makeover plan for the waterfront will be made in one form or another. He wants a development with an open-air seawater pool, aquaculture, an exhibition centre and an amphitheatre on the water. There's no budget or suggestion for exactly how much it will cost. Brown told Mike Hosking he wants to get more money out of the port, a process he says was started under the previous mayor. He claims if the port operation became productive the development could be

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4:03

David Seymour: Act Leader says Grant Robertson called...

Best of Business ·

2023/08/02

A dispute has risen between the Government and Opposition over the state of Crown finances. Finance Minister Grant Robertson has told Newstalk ZB he called in public service chiefs for a meeting about financial restraint, but he rejects claims of a large shortfall in tax revenue. He says specific numbers won't be available until Treasury releases its Pre-Election Financial Update. Act Leader David Seymour told Mike Hosking Robertson called the meeting to quickly improve the books before the

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2:55

Felix Fok: Milford Asset Management Portfolio Manager...

Best of Business ·

2023/08/02

Two major players in the tech world are reporting strong results this US earnings season. Meta and Alphabet are seeing digital advertising revenue bounce back from the doldrums of of late 2022 and early 2023. Milford Asset Management's Felix Fok says advertising spending is sensitive to economic conditions, and Alphabet and Meta are performing better than predicted. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3,595 results

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