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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

4:31

Greg Miller: Owner of Esk Valley restaurant on $8.8m...

Best of Business ·

2023/06/07

Out of the $30 million provided to the Hawke's Bay Chamber of Commerce to help businesses stay open after the cyclone, about $8.8 million of it has been left unspent and is set to be returned to the Ministry of Business, Innovation and Employment. There were 1491 grants accepted and paid out, but only about 130 businesses received the full amount of $40,000. Last time Greg Miller joined the Mike Hosking Breakfast, he had been waiting for his funding for seven weeks, owner of Esk Valley's Valley

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4:27

Maurice Williamson: Council expenditure committee...

Best of Business ·

2023/06/07

Auckland councillors will decide today whether to sell the council's shares in Auckland Airport. Newstalk ZB's Michael Sergel told Kate Hawkesby Mayor Wayne Brown will be seeing the numbers to sell the council's entire 18-percent stake in the airport. It's still unclear if two councillors, Chris Darby and Julie Fairey, who happens to be married to Michael Wood will be voting, after they had to correct the record on Auckland Airport shareholding. Auckland Council expenditure committee chair Maurice

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3:05

Maddison Burgess-Smith: Business group spokesperson...

Best of Business ·

2023/06/07

A group of businesses and organisations wants the Government to step in to stop postage price rises. From next month, New Zealand Post is hiking prices for bulk mail customers by 30 percent, a total increase of 100 percent in the last five years. Thirteen groups signed a letter to the Government including Grey Power, the Magazine Publishers Association and the Rural Advocacy Network. Spokesperson Maddison Burgess-Smith told Mike Hosking the increase is out of line with the rest of the world. She

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3:49

Mike Cullerne: Arnott's NZ Country Director on...

Best of Business ·

2023/06/07

For the first time in 25 years, Arnott's will again manufacture products in New Zealand. The company is opening its new facility in Avondale, West Auckland today. It comes after it acquired the 180 Degrees cracker brand two years ago. Arnott's New Zealand Country Director Mike Cullerne told Kate Hawkesby it'll allow them to make more locally made products. He says they've partnered with Barkers of Geraldine to make a new shortbread range coming next month. LISTEN ABOVE See omnystudio.com/listener

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3:48

Brad Olsen: Infometrics Principal Economist on...

Best of Business ·

2023/06/07

National's Chris Luxon unveiled the Party's infrastructure policy that would come into effect if elected. National launched a national infrastructure agency to engage domestic and offshore investors and set out a 30-year infrastructure plan across all sectors. Infometrics Principal Economist Brad Olsen says it's important to see the focus both parties placed on infrastructure, as it pays back investment funds. "All of it's encouraging, but I guess it highlights just how important it is we just get

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4:11

Deborah Lambie: Milford Asset Management analyst on...

Best of Business ·

2023/06/07

Technology company Nvidia's shares have been on a strong run this year and recently surged another 24 percent. This takes the year to date increase in share price to almost 160 percent. Milford Asset Management analyst Deborah Lambie explained that unlike Apple, Microsoft and Alphabet, Nvidia doesn’t sell consumer products or services, but specialized chips for training AI "Nvidia benefits from the increasing uptake of generative AI, and we're seeing that across three different customer

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3:37

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/06/07

Inland Revenue have changed their guidance on avoiding 'over-taxing', amid criticism about promoting tax avoidance. The tax department published a fact sheet explaining the Government’s plan to increase the trustee tax rate from 33 to 39 percent to align with the top income tax rates. NZ Herald Wellington business editor Jenee Tibshraeny says the IRD publishing these changes is an admission that laws around trusts are inherently complicated. LISTEN ABOVESee omnystudio.com/listener for privacy

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3:43

Kate Hawkesby: Calling out supermarkets on dodgy...

Best of Business ·

2023/06/06

I see Consumer NZ is making a last ditch attempt to ping the supermarkets on dodgy pricing or so called specials that are not specials. They’re relying on us, the customers, to give them examples to strengthen their case, they say they’re “calling on New Zealanders to be the eyes and ears at the supermarket one last time to help gather as much evidence for the Commerce Commission as possible.” They’ve even designed a new form to make it easier to share examples of dodgy pricing. But the problem is,

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2:56

Cath O'Brien: BARNZ director on warnings sweet spot...

Best of Business ·

2023/06/06

The International Air Transport Association are warning that the sweet spot of passengers blindly accepting high air fares may be coming to an end. Demand was through the roof post-Covid but with inflationary pressures persistent, they could be dampening the overall appetite for travel. Executive director at BARNZ Cath O'Brien joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:49

Chris Quin: Foodstuffs North Island CEO calls for...

Best of Business ·

2023/06/06

Grocers are calling for solutions after recording an almost 40 percent increase in North Island retail crime. Data collected from New World, PAK'nSAVE and Four Square stores have found an average of 37 incidents of retail crime a day between February and April this year. Foodstuffs North Island chief executive Chris Quin told Mike Hosking local grocers have never seen retail crime at these levels. He says investment in security is around $8 million a year and that's just in North Island

en-US

3:41

Tim O'Connor: Auckland Grammar Headmaster says the...

Best of Business ·

2023/06/06

An Auckland headmaster says the Government's new vaping regulations aren't good enough. New rules include banning new vape stores near schools and marae, disposable vapes and flavour-names that appeal to children. Auckland Grammar Headmaster Tim O'Connor told Mike Hosking students will still mange to get their hands on products. He says there are five vaping stores near his school alone. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:08

Sirma Karapeeva: Meat Industry Association says red...

Best of Business ·

2023/06/06

Red meat exports are exceeding expectations despite the current financial market. The Meat Industry Association is reporting a two-percent increase in exports in April, worth almost $1 billion, compared to the previous year. The association's CEO Sirma Karapeeva told Kate Hawkesby things are improving after a slow start to the year. She says any increase is a sign of recovery, but she doubts they're out of the woods just yet. Karapeeva says economic conditions are still affecting the industry and

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2:37

Stuart Davison: HighGround Dairy global dairy...

Best of Business ·

2023/06/06

Synlait Milk's shares surged by 16 percent after renewing their license to produce infant formula for the world's most populous nation. Investors regained confidence in the brand after they successfully secured the right to produce A2 Milk's infant formula for the Chinese market. HighGround Dairy global dairy consultant Stuart Davison says this unexpected jump was a result of the market not pricing the registration in. "A 16 percent gain in one day tells you that there was a fair bit of uncertainty

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3:45

Cameron Craigie: Scientist discusses chicken...

Best of Business ·

2023/06/05

A new study into Kiwi's meat-eating habits shows 9 in 10 of us are still meat eaters. New Zealanders seem to gravitate towards chicken over red meat, with chicken accounting for about a third of meals within an average week, compared with beef at 22 per cent - and taste and price are the top factors in purchasing decisions. AG Research senior scientist Cameron Craigie joined Mike Hosking to discuss the findings. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:41

Michael Brooks: Poultry Industry director on red meat...

Best of Business ·

2023/06/05

Red meat consumption is on the decline in New Zealand, as shoppers fill trolleys with chicken instead. A study out of Lincoln University shows that while nine in ten of us still eat meat, over all intake is lowering due to cost and health concerns. But it also found that chicken now makes up about a third of meals a week. Poultry Industry Association Executive Director Michael Brooks says people are more likely to continue buying chicken to save money. He says its versatility, being able to be

en-US

41:23

Tony Alexander: Has the property market bottomed out?

Best of Business ·

2023/06/03

Economist Tony Alexander joins the Weekend Collective to give updates on his weekly newsletter and discuss whether the property market has bottomed out. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:30

Neil McAra: Southland Chamber of Commerce President

Best of Business ·

2023/06/01

Calls have come for support in Southland as the future of the Tiwai smelter remains unknown amid large profits. The smelter faces closure next year if its parent company, Rio Tinto, isn't able to strike a deal with power companies. Southland Chamber of Commerce President Neil McAra told Mike Hosking the region and the smelter need each other. Rio Tinto reported an underlying profit from the smelter of $122 million for the year to the end of December. LISTEN ABOVESee omnystudio.com/listener for

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2:44

Shannon Barlow: Recruitment expert says counteroffers...

Best of Business ·

2023/06/01

High demand for workers is giving more power to some at the negotiating table. A Frog Recruitment survey shows 79 per cent of managers have made more counter-offers to resigning workers in the 12 months to March, than previous years. Higher salaries are the main demand, with 45 per cent of workers saying a pay boost would stop them leaving. Managing Director, Shannon Barlow says counteroffers are becoming more commonplace. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:45

Michael Wood: Associate Finance Minister says $1...

Best of Business ·

2023/06/01

The categorisation of cyclone affected properties could continue to shift, as the finer details are ironed out. The Government will help fund council buy-outs for about 700 category three homes where future severe weather risks can't be mitigated sufficiently. Associate Finance Minister Michael Wood told Mike Hosking the plan's $1 billion total is an evidence based indication, and could change. He says some properties could shift between categories. Wood says people will have an opportunity to

en-US

39:16

Ashley Church: Property commentator on how much...

Best of Business ·

2023/05/31

Property commentator and former politician Ashley Church joined The Weekend Collective for the OneRoof Radio Show to discuss just how much further house prices around the country have to fall. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3,595 results

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