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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

3:15

Weston Kirton: Ruapehu Mayor says skifield...

Best of Business ·

2023/06/26

Hopes a multi-million dollar government loan to Ruapehu Alpine Lifts liquidators gets the skifields off thin ice. The Government is chipping in up to $5 million towards the liquidators, as a new bid has entered the table A group on behalf of iwi is now proposing to take over operations of the skifields - the bid for operations to be split between two other companies is still on the table. Ruapehu Mayor Weston Kirton says it's a complex situation, but the financial backing helps jobs. He's sure

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4:45

Geoff Cooper: NZ Infrastructure Commission on 16...

Best of Business ·

2023/06/26

An average of around 16 percent of Kiwis' after-tax income is spent on infrastructure services - including drinking water, transport, broadband and home heating. And spending on those services is surprisingly comparable to Australian households. The New Zealand Infrastructure Commission General Manager of Strategy Geoff Cooper joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:10

John Fisk: Liquidator says $5m loan for Ruapehu...

Best of Business ·

2023/06/26

A lifeline comes as the Government offers a $5 million helping hand towards the liquidators of Ruapehu Alpine Lifts. The loan is being touted as the silver bullet to ensure the ski season can go ahead. Meanwhile, discussions continue behind closed doors. Bids are on the table for an iwi group to purchase the skifields against a separate bid to split operations between Pure Turoa and Whakapapa Holdings. Liquidator John Fisk told Mike Hosking the loan allows consultation with iwi to continue before a

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2:47

Jason Walls: ZB Political Editor says Hipkins needs...

Best of Business ·

2023/06/26

It's expected Chris Hipkins will be walking a tight rope during his meeting with Chinese president Xi Jinping in Beijing today. Newstalk ZB Political Editor Jason Walls says the diplomatic proceedings will be highly choreographed, with every word chosen carefully. He told Mike Hosking it will be a balancing act. “Such as things like human rights, things like the treatment of the Uighur Muslims and things like that. But at the same time, we need to keep them onside – they’re a huge economic partner

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3:55

Alistair Crozier: NZ China Council director says...

Best of Business ·

2023/06/26

Hopes Prime Minister Chris Hipkins can shine in his first meeting with Xi Jinping. The pair will meet to discuss topics like trade and the war in Ukraine tonight in Beijing. New Zealand China Council Executive Director Alistair Crozier says New Zealand needs to be sold as an accessible and open country. He told Kate Hawkesby it will be a chance to make up for lost time. Crozier says it will be the first trade delegation of its kind for seven years. LISTEN ABOVE See omnystudio.com/listener for

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4:20

Fran O'Sullivan: NZME business commentator says...

Best of Business ·

2023/06/26

The situation in Russia is expected to colour the background of the Prime Minister's trip to China. Chris Hipkins is currently leading a delegation there and is expected to meet with President Xi Jinping NZME business commentator Fran O'Sullivan is with the delegation and says there's concern about what's happened in Russia. "My sense in talking to people here is- there has been behind-the-scenes efforts by China's side to urge Russia to be careful in this environment." LISTEN ABOVESee

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4:01

Oliver Peterson: Australian correspondent on PwC...

Best of Business ·

2023/06/26

PwC agreed to sell their Government consultancy practice for $1 following a scandal over the misuse of confidential tax plans. The accounting company has also appointed a new chief executive to lead the firm through the fallout. Australian correspondent Oliver Peterson says even after Allegro Funds buys the consultancy practice, it's unlikely any Government will want to to business with PwC. "The question is- no Government of the day is going to do any business with PwC. They've seen the

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8:23

Grant Robertson: Finance Minister says upgrading Air...

Best of Business ·

2023/06/26

The Government says it is under no illusions Defence Force aircraft need upgrading. It has been revealed two Air Force Boeing 757s were on the runway during a stopover in Manila, Philippines as the Prime Minister made his way to China. It's drawn criticism from National and ACT over emissions and the cost.Finance Minister Grant Robertson says they Defence Force are looking at upgrading the 757s. "But for now, we've got two planes that do the job. I know there have been problems going back as far as

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3:33

Nicola Willis: National finance spokesperson says...

Best of Business ·

2023/06/22

National's finance spokesperson says she's shocked by Government's inability to confirm if the Provincial Growth Fund is getting bang for buck. Parliament has been told the paper trail tracking the Government's handling of the $640 million fund is so poor, auditors had to ask officials to recall what happened in their meetings. National's Nicola Willis told Mike Hosking she can't believe they didn't check the applications against the original criteria. She says it gives the impression the Government

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2:48

Bryce Wilkinson: NZ Initiative report questions why...

Best of Business ·

2023/06/22

With numbers of those employed in the public sector increasing by 28 percent, along with more top heavy well-paid managers and communication teams, and an increase in spending - a new report is questioning why the outcomes in government dominated sectors aren't performing better. An earlier study shows the best performing countries are capable of achieving the same public service outcomes as New Zealand for up to 49 percent fewer resources. NZ Initiative Senior Fellow Bryce Wilkinson joined Mike

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3:59

Sir John Key: Former Prime Minister says China's...

Best of Business ·

2023/06/22

The Prime Minister has a tight rope to navigate as he prepares for his trip to China next week. Chris Hipkins is set to leave on Sunday with a large business delegation including exporters from the primary sector, tourism and education sectors. He will meet with Chinese leader Xi JinPing. Former Prime Minister Sir John Key says China's economy has enormous upsides and plenty of opportunities for New Zealand exporters. But he told Mike Hosking it's becoming more difficult as our allies put pressure

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3:57

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

Best of Business ·

2023/06/22

The unwinding of Covid-19 is still having an impact on the business sector. Investors have noticed companies have benefitted from the impacts of lockdowns and spikes- and some of their growth is unwinding. Fisher Funds senior portfolio manager Sam Dickie says retailers that worked a spike in demand during lockdowns into their prices are feeling the 'sting in the tail'. "A good example of that is the dollar stores in the US- these are companies that benefitted more from these abnormal price rises and

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4:15

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/06/22

Lower-than-expected tax revenue is causing the Crown accounts to dip further down. The IRD reportedly received $69 million in the previous tax year, sparking concerns about interest limitations. NZ Herald Wellington business editor Jenee Tibshraeny says it's currently unknown why the Government brought in less tax revenue, but $69 million is relatively small in the grand scheme. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:46

Richard Burke: Horticulture expert on Kiwis wasting a...

Best of Business ·

2023/06/21

Don't throw out your broccoli stems if you want an an extra source of nutrition. More than 280 tonnes of stems are being thrown out every year - the equivalent of a blue whale. This is combined with the almost $3 billion worth of food tossed out each year - more than $1500 per household. LeaderBrand Chief Executive Richard Burke told Mike Hosking the stem is a good source of nutrition. He says it's the same in the stem as it is in the head, just a different texture. LISTEN ABOVE See

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5:15

Ross Taylor: Fletcher Building CEO insists they're in...

Best of Business ·

2023/06/21

Fletcher Building insists it's in good shape, despite lower profit. It's dropped its forecast to about $800 million down from its February prediction of up to $855 million. CEO Ross Taylor told Mike Hosking residential builds have been a bit patchy lately, but the commercial sector is doing just fine. He says in the bigger picture, less and less land is the pressing issue. The answer to that is building smaller properties, or those with at least three stories. LISTEN ABOVESee omnystudio.com/listener

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3:59

Colin Bond: Kiwifruit Growers CEO says only about...

Best of Business ·

2023/06/21

Only about half of kiwifruit growers expect to break even this year, amid a particularly bad harvest. Production this year is down about 35 million trays on 2022, mostly due to storms. Kiwifruit Growers CEO Colin Bond told Kate Hawkesby there are ways to mitigate the risk like frost protection and artificial shelters. He says the quality of this year's harvest is higher than last year. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:29

Frances Sweetman: Milford Asset Management Portfolio...

Best of Business ·

2023/06/21

Fletcher Building have downgraded their profit forecast, citing a slowing market and extreme weather. The building and construction company lowered their forecasted operating profit to $800 million, down from February's $855 million. Milford Asset Management Portfolio Manager Frances Sweetman says this figure looks like a material downgrade, but it's not as negative as it suggests. "Management has been hoping that sales volumes would pick up, and that didn't eventuate. But they've also been managing

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2:53

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/06/21

The Government confirmed they have no plans to inject capital into Kiwibank to make it more competitive with the bigger banks. The Commerce Commission is set to investigate banking sector competition and barriers new market competitors face. NZ Herald Wellington business editor Jenee Tibshraeny says the Government, as the owners of Kiwibank, will need to inject more to meet regulatory requirements. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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11:15

Dave Mazey: Whakapapa Holdings Chief Executive hoping...

Best of Business ·

2023/06/21

Ruapehu Alpine Lifts is officially in liquidation, after creditors wouldn't agree to let other ski operators take over operations on the mountain. The company appeared at the High Court in Auckland a short time ago. Whakapapa Holdings Chief Executive Dave Mazey is still hopeful his equity partners can stitch up a deal post-liquidation. He spoke with Simon Barnett and James Daniels. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:42

Kerre Woodham: Is there any real reason to beat up on...

Best of Business ·

2023/06/21

There's a perception that a generation of New Zealand homebuyers are greedy, acquisitive and are locking young Kiwis out of the property market. Why buy another house when you already have one? Some economists have urged New Zealanders to put any savings into the share market so that local businesses can grow, but if you look back at this country's economic history; you can perhaps understand why older New Zealanders want their money to be as safe as houses. We've had the Bank of New Zealand teeter

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3,595 results

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