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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

4:58

Debra Goulding: Foodstuffs Sustainable Packaging...

Best of Business ·

2023/06/29

Single-use plastic items will be officially banned from shelves from tomorrow. It's the second step in the Government's plan to reduce plastic waste. Plastic cutlery, plates and bowls, cups, straws and produce bags will all be cut. Foodstuffs Sustainable Packaging Manager, Debra Goulding joined Kate Hawkesby. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:42

Dave Bodger: Gull NZ General Manager says sales have...

Best of Business ·

2023/06/29

Time is ticking to fill up, before the fuel tax returns. The Government's relief package ends tomorrow, meaning petrol prices will rise around 29 cents a litre including GST. It'll still be substantially less than the peaks seen after Russia's Ukraine invasion in March last year which saw oil prices skyrocket. Gull NZ General Manager, Dave Bodger told Kate Hawkesby sales have been up, rather than manic. He says yesterday's sales were about 50 percent higher than usual, and expects today will be much

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3:41

Brad Olsen: Economist on how life will change...

Best of Business ·

2023/06/29

A raft of cost-of-living subsidies and temporary tax cuts are set to end tomorrow, with economists and budgeting services warning it will hurt those already struggling financially. Other changes made by the Government will begin tomorrow, including a total ban on plastic straws, parental leave payment increases and new rules on child support benefits. The biggest hit to New Zealanders’ back pockets is the end of the fuel tax discount, adding 25c a litre and almost 4c extra GST. The subsidy for road

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3:00

Sharon Zollner: ANZ Chief Economist on business...

Best of Business ·

2023/06/29

The tide is starting to turn for business confidence, according to new ANZ data. The bank’s latest business confidence survey shows confidence increased by 13 points in June to -18, the highest recorded since November 2021. ANZ Chief Economist Sharon Zollner says the increase in migrants filling up staff shortages and the Reserve Bank potentially easing rate hikes have given the business community hope. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:17

Liam Dann: NZ Herald business editor on petrol taxes...

Best of Business ·

2023/06/29

Kiwis are bracing themselves for the end of the Government's fuel tax subsidy this weekend. Petrol prices are expected to rise by around 29c a litre, but they'll remain lower than the peaks they hit following Russia's invasion of Ukraine. NZ Herald business editor at large Liam Dann says global oil prices have been plunging this year by almost 40 percent- and hopes this can wash the increase out. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:19

Dean Kimpton: Auckland Transport Chief Executive...

Best of Business ·

2023/06/29

AT's Chief Executive is sounding the alarm over the agency's uncertain revenue model. Speaking to the agency's board meeting on Tuesday, CEO Dean Kimpton called for more certainty in the agency's current funding model. He explained that AT needed to maintain their future investments, the cost to deliver those investments and be clear about what's needed over the next decade. "We've got to put this issue on the table. If we do not reconcile, an asset base will grow from $26 billion to $40 billion

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4:01

Paul Spain: Tech commentator on Meta adding new child...

Best of Business ·

2023/06/28

Is Meta finally doing better at protecting kids online? The tech giant is adding new safeguards across Messenger and Instagram. It's the first time parental supervision tools will be connected to their instant messaging app. Tech commentator Paul Spain joined Kate Hawkesby. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:09

Barry Coates: Mindful Money CEO says we have far more...

Best of Business ·

2023/06/28

The fossil fuel industry's move to keep expanding has been deemed as a recipe for huge financial loss. The oil and gas industry has said they're working towards net zero climate emissions, but a Mindful Money report reveals these promises are no more than greenwashing. Instead of investing in clean energy, it shows they're investing to expand their exploration and field development. Mindful Money CEO Barry Coates told Mike Hosking this will lead to these companies losing money in future. He says we

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4:44

Diane Calvert: Wellington councillor ahead of D-Day...

Best of Business ·

2023/06/28

It's D-Day for Let's Get Wellington Moving. The council will vote on a motion of no confidence today as seven councillors push for the programme to be scrapped. Yesterday, the capital's Mayor Tory Whanau rejected a compromise from the group. Diane Calvert is one of the councillors who's signed the motion - she joined Kate Hawkesby. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:35

Brad Olsen: Infometrics Principal Economist on filled...

Best of Business ·

2023/06/28

Filled jobs have lifted by 0.2 percent in May, well below the 0.6 monthly average from the first third of 2023. Healthcare, accommodation and food services, public administration and education have all reported significant growth. Infometrics Principal Economist Brad Olsen says it's too soon to tell if this is a trend, but some momentum appears to be coming out of monthly jobs growth. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:30

Deborah Lambie: Milford Asset Management analyst on...

Best of Business ·

2023/06/28

China is reporting a rising dominance in electric vehicles, having overtaken Japan last quarter. More than a decade of Government subsidies and increased production in EV batteries have given the region an advantage in developing a domestic market. Milford Asset Management analyst Deborah Lambie says 50 percent of all EVs on the road worldwide are based in China. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:11

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/06/28

First-home buyers accounted for a record-high portion of banks’ new mortgage lending last month. In May, first-home buyers 24.3 per cent of the $5.9 billion of new mortgages written- the highest portion since RBNZ began keeping records. NZ Herald Wellington business editor Jenee Tibshraeny says first-home buyers entering the market comes at the expense of investors- who have pulled back from a sluggish market. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:24

Julie Moore: Moore Wilson managing director among...

Best of Business ·

2023/06/28

A popular Wellington retailer is among the businesses and organisations slamming proposals for the city's Golden Mile. The council will vote tomorrow on a key aspect of Let's Get Wellington Moving - getting rid of cars along Lambton Quay, up through Willis and Manners Streets, to Courtenay Place. Several business owners signed a letter to the mayor, stating the removal of cars from Wellington's key retail area will drive customers away. Moore Wilson's Julie Moore says the lack of consultation and

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2:11

Mike's Minute: The Government don't understand basic...

Best of Business ·

2023/06/27

If you want a good example of simple economics, we are living through a doozy. It's only Wednesday but already this week we have millions promised by people who have less than no money to solve the problems they created. $5 million for ski fields, piles of millions for universities, millions more for food banks. Then there's the welfare stats that show, on average, main beneficiaries have been getting, through a variety of mechanisms, a 9.6 percent rise in income each and every year for the term of

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3:58

Leanne Geraghty: Air NZ Chief Customer and Sales...

Best of Business ·

2023/06/27

As we approach the July school holidays, Air New Zealand are expecting half a million Kiwis onboard this year. 45,000 seats have been added on domestic flights - and more than 1,300 international flights are scheduled - with Sydney being the most popular destination. Air NZ Chief Customer and Sales Officer Leanne Geraghty joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:35

Grant Robertson: Finance Minister says universities...

Best of Business ·

2023/06/27

The Finance Minister is telling universities to take a look at how they deal with their finances and do better. Institutions will get a piece of the $128 million pie, over the next two years. Many have been struggling with declining enrolments and ongoing pandemic impacts. Grant Robertson told Mike Hosking institutions also need to take a serious look at their financial books. “I do think there’s some questions to answer at the moment about how some of the universities involved have got themselves

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3:52

John Tookey: Professor of Construction says it will...

Best of Business ·

2023/06/27

Mixed feelings about RMA reforms. The Environmental Select Committee has suggested amendments including faster consenting and enabling local voices. AUT Professor of Construction John Tookey says it will be impossible to have both increased community say, and a faster consenting process. Part of the RMA reforms is reducing the number of RMA plans from 100 to 16, one for each region. Tookey told Kate Hawkesby this will bring positive changes. LISTEN ABOVE See omnystudio.com/listener for privacy

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4:21

Paul Bloxham: HSBC Chief Economist says there's a...

Best of Business ·

2023/06/27

There are growing fears Australia will follow New Zealand into a recession next. Commonwealth Bank and AMP suggest there's a 50-50 chance the Australian economy enters recession within the coming months. HSBC Chief Economist Paul Bloxham says it's getting harder for the RBA to bring inflation down without a recession- but there's a narrow path the bank could tread. "If it were to lift too much more and be a bit above 4 percent, then that's starting to get to the rate that's not consistent with the

en-US

3:48

Jamie Mackay: The Country host on H and J Smith...

Best of Business ·

2023/06/27

After a month-long consultation period, H and J Smith Invercargill will close on November 18. This decision will affect 220 employees of the flagship Southland store, which has operated since 1900. The Country's Jamie Mackay says H and J Smith was once an important part of the retail landscape, but the sector is changing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:22

Pattrick Smellie: BusinessDesk manging editor says...

Best of Business ·

2023/06/27

Bills to reform the Resource Management Act have come back from a select committee- full of recommended amendments. These recommendations include more local voice, improve planning provisions and fast track consenting for specified infrastructure to be made permanent. National's Chris Bishop has already promised to repeal the RMA by Christmas if a National-led Government is sworn in. BusinessDesk manging editor Pattrick Smellie says the RMA runs the risk of becoming the next Three Waters. LISTEN

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3,595 results

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