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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

3:36

Felix Fok: Milford Asset Management Portfolio Manager...

Best of Business ·

2023/07/19

The US earnings season for the June quarter is officially underway. Economists warned of a recession risk in the lead up, but those concerns have since moderated. Milford Asset Management Portfolio Manager Felix Fok says the US economy is facing similar issues to other developed economies- interest rates and moderating cost pressures are on the rise. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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8:11

Jarrod Haar: Massey professor of Human Resource...

Best of Business ·

2023/07/19

New Microsoft Teams data reveals 4pm til 6pm is the new workday 'dead zone' for employees. The data shows that employees have maintained their lockdown-era flexibility to control their own hours and more leave the office early to fulfil outside obligations. Massey university Human Resource Management professor says employers stand to benefit from these changes, as some employees return in the evenings to increase productivity. "This is very much a hangover from Covid, and it just means that workers

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5:47

Kerre Woodham: We work hard, but we don't work smart...

Best of Business ·

2023/07/19

There’s no doubt about it; New Zealanders are hard workers. But according to the productivity stats, we work hard and we worked dumb - like good, solid oxen. We put our necks under the yolks and we trudge up and down our respective paddocks, but our output simply doesn't match our input. The Productivity Commission released a report earlier this month and it shows that we work more hours per week than any other country in the OECD, but we are only 68 percent as productive. So we work way more and

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10:33

Liam Dann: NZ Herald Business Editor at Large on...

Best of Business ·

2023/07/19

New Zealand's inflation rate has taken another tumble - dropping from 6.7 percent to 6. Today's 0.7 point drop in the Consumer Price Index represents the largest fall in annual inflation in more than two years. Despite the drop, prices are still increasing at rates not seen since the 1990s. Food prices remain a major driver of the inflation - up more than 12 percent annually. NZ Herald Business Editor at Large Liam Dann joined Kerre Woodham to discuss the results. LISTEN ABOVE See

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3:21

Henry Russell: ANZ Economist on whether the Consumer...

Best of Business ·

2023/07/18

Most economists are tipping the Consumer Price Index will fall below six percent. It would be for the first time since December 2021. ANZ Economist Henry Russell joined Kate Hawkesby to discuss. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:30

David Cooper: Immigration director slams Government...

Best of Business ·

2023/07/18

An immigration director is slamming the Government after revelations only one person has been approved for the specialist investor visa. The policy launched last September, hoping to bring investors to the country, to boost post-pandemic economic prosperity. Newshub reports the person already lived in New Zealand. Malcolm Pacific Immigration Director David Cooper told Mike Hosking the Government failed to fund proper research into the policy. He says investments were already being made outside of

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3:54

Sharon Zollner: Economist says signs are pointing to...

Best of Business ·

2023/07/18

Signs are pointing to a slight slowdown in inflation when Stats NZ releases its latest figures this morning. Economists expect inflation in the year to June to be about 5.9 to 6.1 percent. That's down from 6.7 percent in the year to March, and 7.2 percent in the year to December. ANZ Chief Economist Sharon Zollner told Mike Hosking most price rises are easing. But she says food costs are continuing to rise sharply, and construction costs and airfares remain hard to predict. LISTEN ABOVE See

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3:36

Bodo Lang: Marketing expert discusses whether...

Best of Business ·

2023/07/18

It's thought Countdown's $400 million rebrand is a waste of time, money and poor timing as many Kiwis struggle to pay for their groceries. The supermarket chain will revert back to Woolworths early next year, 12 years after changing to Countdown. Sign changes start next month, along with store upgrades. Massey University Marketing expert, Bodo Lang, told Kate Hawkesby there's a danger the Australian ownership becomes more noticeable in the rebrand, and puts New Zealanders off. He says there's also a

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6:05

Spencer Sonn: Countdown and Woolworths Group NZ...

Best of Business ·

2023/07/18

Countdown will start changing its signage back to the Woolworths name from next month. The supermarket has announced the $400 million transformation programme will include a rebrand and a refreshed loyalty scheme. Countdown and Woolworths Group NZ Manging Director Spencer Sonn says this rebrand is a material investment that will transform the business. "We've got a lot of old stores we need to upgrade, and then an exciting loyalty program, and of course accompanying all of that is a clear signal of

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7:46

Kelly Eckhold: Westpac Chief Economist predicts...

Best of Business ·

2023/07/17

Westpac economists predict that the Reserve Bank isn't done hiking up the OCR. The RBNZ has indicated through forecasts in the May Monetary Policy Statement that they don't see the OCR going up further than 5.5 percent. Westpac Chief Economist Kelly Eckhold says it's going to be difficult getting inflation to go down to the target range of 3 percent within their 18-month timeframe. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:13

Alistair Crozie: NZ China Council Executive Director...

Best of Business ·

2023/07/16

A chance for businesses to reconnect with a changing China. The China Business Summit began in Auckland at 7am this morning. Prime Minister Chris Hipkins will speak —covering topics like trade and investment— and insights from his recent trip to China and Nato Summit attendance. The Chinese Ambassador and the New Zealand China Council are also attending. Council Executive Director, Alistair Crozie told Kate Hawkesby that it's significant, being the first in-person summit since Covid. He says

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4:20

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

Best of Business ·

2023/07/13

US inflation fell to 3 percent in June, highlighting the Federal Reserve's success at pushing down price pressures. The US dollar has dropped to a 15-month low, in sharp contrast to other economies struggling to control inflation. NZ Herald business editor at large Liam Dann says this is down to the US having a very efficient economy, a fact that's often overlooked. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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9:52

Bruce Bernacchi: Tax expert reacts to Chris Hipkins...

Best of Business ·

2023/07/12

The Finance Minister is putting on a brave face after news his work on a wealth tax won't come to fruition. Although proposals were considered by Cabinet, Chris Hipkins ruled out introducing a wealth tax or a capital gains tax while Prime Minister. To discuss, Dentons Kensington Swan Partner and tax expert, Bruce Bernacchi joined Kerre Woodham. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:19

Kirk Hope: BusinessNZ chief executive on data showing...

Best of Business ·

2023/07/12

If owning your own business wasn't hard enough - new data shows us that nearly half of small business owners are not actually even paying themselves. That is on top of dipping into their savings and increasing prices just to keep afloat. BusinessNZ chief executive Kirk Hope joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:26

Mike's Minute: We were lied to on tax

Best of Business ·

2023/07/12

Has the Government's desire to bail out their dire fortunes in the election, in fact, made them worse? The revelation that the Government was indeed considering a wealth tax this budget has been blown wide open by the release of budget papers - and the Prime Minister confirming that he killed it. For months now there has been a suspicion of this. I first got wind of it in a speech the Statistics Minister Deborah Russell made in Queenstown months back, on the work that David Parker had done around

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3:42

Elizabeth Broadbent: Medical professor on research...

Best of Business ·

2023/07/12

Loneliness and social isolation is said to impact as many as one-third of the world population - and here we have new research into how AI-powered robots could provide some companionship to help combat this. But as AI develops further and gives companion robots better skills to build social connections, researchers are saying some guidelines are needed. Researcher from the faculty of Medical and Health Sciences at the University of Auckland professor Elizabeth Broadbent joined Mike Hosking. LISTEN

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8:37

Grant Robertson: Finance Minister admits he's...

Best of Business ·

2023/07/12

Grant Robertson admits he's disappointed Chris Hipkins has ruled out capital gains and wealth taxes. The Finance Minister told Mike Hosking he understands the reasoning for Hipkins' decision, even if he doesn't fully agree with it. “We’ve got a very volatile economic situation that we’re in, we’ve got to get through that.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:59

Helen Garner: Business mentor on stats showing almost...

Best of Business ·

2023/07/12

News that business owners are struggling to make ends meet isn't surprising to some in the sector. Research by accounting software company Xero shows almost half of small to medium business owners aren't paying themselves. Business mentor and Whanganui Chamber of Commerce Chief Executive Helen Garner told Kate Hawkesby the statistics are dismaying. Garner says there are ups and downs in business, but with money not moving as it should be, these are not ideal times. She says there is no way of

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3:24

James Shaw: Greens Co-Leader says the party could...

Best of Business ·

2023/07/12

James Shaw says whether New Zealand gets a capital gains tax or wealth tax is ultimately a matter for voters. Chris Hipkins has ruled out either form of tax while he's prime minister. But Greens Co-Leader James Shaw says his party could demand those taxes, as part of any post-election negotiations on Coalition or Confidence and Supply arrangements. He told Mike Hosking the election outcome should determine the policies of the next government. Shaw says democracy should be allowed to do its job, with

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2:42

Robyn Walker: Deloitte tax partner says wealth taxes...

Best of Business ·

2023/07/12

Capital gains and wealth taxes may not accomplish the goals advocates think they might. After investigating, Chris Hipkins has ruled out those changes while he's Prime Minister. Deloitte tax partner Robyn Walker says wealth taxes don't bring in a huge amount of revenue, but create higher administration and compliance costs. She says there are unintended consequences which have been seen in overseas countries, like Norway. Walker says the wealthy and "the want to be wealthy" have fled the

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3,595 results

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