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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

2:41

Gareth Wallis: Tauranga City Councillor on...

Best of Business ·

2023/05/29

At the end of last year Tauranga City Council re-introduced paid on-street parking. But it ended up meaning less people were coming into the City Centre and therefore reduced spending at local businesses, so to get business back, the free parking is returning during weekends and after 5pm on weekdays. General Manager of City Development and Partnerships at Tauranga City Council Gareth Wallis joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:27

Mark Pullman: Green Valley Dairies General Manager on...

Best of Business ·

2023/05/29

Kegs in cafés may become the new norm, but not the kind of keg you're probably thinking of. Waikato's Green Valley Dairies is supplying cafés with 18 litre milk kegs to help reduce waste. It's set to eliminate up to 10,000 plastic milk bottles per café a year. Green Valley Dairies General Manager Mark Pullman joined Roman Travers. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:45

Sam McIvor: Beef and Lamb NZ CEO on report...

Best of Business ·

2023/05/29

Beef and Lamb are forecasting a 30 per cent decrease in average farm profit. A new report shows on farm inflation is at 16.7 per cent, which the highest it has been in 40 years and is two and a half times the consumer price inflation rate. Beef and Lamb NZ Chief Executive Sam McIvor joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:45

Nathan Penny: Agricultural Economist says times are...

Best of Business ·

2023/05/29

Sheep and Beef farmers are feeling the pressure of a second year of high inflation levels - which have not been seen since the 1980s. Beef and Lamb New Zealand reports show a 40 year high at 16.3 percent; that's two and a half times consumer price inflation. The most recent March figures follow a 10.2 percent increase over the previous 12-month period. Westpac Agricultural Economist Nathan Penny told Roman Travers times are tough for farmers. He says fertiliser, feed and interest rate bills have

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3:10

Dylan Firth: Brewers Association Executive Director...

Best of Business ·

2023/05/29

If the cost-of-living crisis has you wanting a stiff drink, think again. The alcohol excise tax will increase 6.65 percent in July- the second largest increase in 30 years. Brewers Association Executive Director, Dylan Firth says the Government can opt to not raise the excise by CPI, but never has. "They've said no in the past, and we've tried different angles in how we could potentially introduce things such as a 'keg tax rate' that was lower, we've seen that in other countries where Governments

en-US

8:11

The Sunday Panel: What do we make of Labour's...

Best of Business ·

2023/05/28

This week on The Sunday Panel, Coast day host Lorna Subritzky and the Front Page's Damien Venuto joined in on a discussion about the following topics- and more! The Labour Party has promised to keep the Superannuation age at 65 and maintain the Winter Energy Payment. What do we make of this announcement- or non-announcement- do you back it? New Zealanders are increasingly embracing ethical investing when it comes to their KiwiSaver accounts, with Mindful Money's annual survey showing three-quarters

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12:07

Frances Cook: BusinessDesk editor and Cooking the...

Best of Business ·

2023/05/27

A new survey shows more Kiwis are concerned about where their KiwiSaver investments go. Mindful Money's annual survey says 74 percent of people expect their investments to be managed responsibly and ethically. 59 percent would move their funds if they weren't invested in a way that aligned with their values. BusinessDesk editor and Cooking the Books host Frances Cook says perceptions around ethical investing have changed, as people used to be concerned about risks and returns. "A lot of people have

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2:53

Steve Wiggins: Payments NZ CEO on bank payments now...

Best of Business ·

2023/05/25

From today, kiwis can make electronic bank payments seven days a week. No more having to wait for payments to go through after public holidays or weekends - payments will go through 365 days a year. Chief Executive of Payments NZ Steve Wiggins joined Mike Hosking to discuss what this means for New Zealanders. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:21

Sam Dickie: Fisher Funds senior portfolio manager...

Best of Business ·

2023/05/25

There's a clear divergence between loose fiscal policy and tight monetary policy. Reserve Bank Governor Adrian Orr says a restrictive monetary policy will be in place for some time following the latest OCR hike, but denied Budget 2023 would contribute to inflation. Sam Dickie from Fisher Funds says this issue is a problem worldwide, as Governments have relied on expansionary fiscal policy since the GFC and 'filled their boots' during Covid-19. LISTEN ABOVESee omnystudio.com/listener for privacy

en-US

3:18

Jamie Mackay: host of The Country on Fonterra issuing...

Best of Business ·

2023/05/25

Fonterra has announced an opening 2023/24 season farmgate milk price forecast of $7.25 to $8.75 per kg. The co-op also reported an increase in its third quarter net profit to $1.326 billion, up $854 million on the same period last year. The Country's Jamie Mackay says the $8.00 per kg midpoint price will be 'disappointing' for dairy farmers. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:09

Liam Dann: NZ Herald business editor asks if we...

Best of Business ·

2023/05/25

Reserve Bank Governor Adrian Orr warns restrictive monetary policy will be in place to fight inflation. The OCR has been raised by 25 basis points to 5.5 percent, but the RBA says it's unlikely to to higher. NZ Herald business editor Liam Dann says we may have gotten used to lower rates during the post-GFC timeframe and older generations will remember cash rates being 6- 7 percent. "The other big question is if we want them to come down, because of how they sort of skewed the economy over those

en-US

2:14

Heath Milne: Development West Coast CEO on Australian...

Best of Business ·

2023/05/25

Billionaire and 'human bulldozer' Clive Palmer seeks to expand mining in New Zealand- including conservation land. Palmer's company Mineralogy already has 10 permits to prospect and explore for minerals, with another 8 under consideration. DOC granted Mineralogy access to work in 5 areas on conservation land, including Lake Brunner on the West Coast. Development West Coast CEO Heath Milne approves of this expansion, saying anyone who wants to invest in the West Coast is welcome to do so. LISTEN

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2:49

Kelly Eckhold: Westpac chief economist still...

Best of Business ·

2023/05/25

The Reserve Bank and economists are at odds over interest rate predictions. The Official Cash Rate was lifted 25 basis points yesterday to 5.5 percent, and Governor Adrian Orr says expects that's its peak. But economists from at least two major retail banks refuse to back down on forecasts of more increases. Westpac chief economist Kelly Eckhold says our population is expected to grow about 2.5 percent in the next year. "Which is the highest level that we've seen since 1961. So we really anticipate

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2:14

Mike's Minute: Government advice on saving money is...

Best of Business ·

2023/05/24

What's the line about history repeating itself? What undid the Helen Clark Government was shower heads and water pressure. It wasn’t their only issue, by the time they had got to their third term they looked tired and, worse, they looked arrogant. Fast forward 20-something years and history repeats. For those who follow these things, or you're too young to remember, it was a nail-in-a-coffin moment. It was the moment it became clear they had lost touch with reality. They had lost touch with

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4:09

Ant Boyles: NZ Council of Cargo Owners chair on calls...

Best of Business ·

2023/05/24

New Zealand's logistics and freight industry is calling for immediate intervention to a worker shortage. A new government study finds the labour shortage could triple from nearly 5000 to over 18,000 in the next five years. Chair of the NZ Council of Cargo Owners Ant Boyles joined Kate Hawkesby. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:21

Glen Sowry: Queenstown Airport CEO on new plan for...

Best of Business ·

2023/05/24

In 2018, Queenstown Airport predicted it would need to double the number of flights to one every four minutes to accommodate an expected 5 million passengers by 2045. But after receiving backlash on that plan, they now have a new plan for a predicted 33 percent increase in the number of passengers over the next decade. But the number of flights in and out of Queenstown are staying much the same as they were before the pandemic. Queenstown Airport CEO Glen Sowry joined Mike Hosking. LISTEN ABOVE See

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5:09

Samantha McNaughton: Report author finding freight...

Best of Business ·

2023/05/24

The freight and logistics sector urgently needs skilled workers - and they need them yesterday. Without any intervention, labour shortage in the sector is set to widen from 4,700 to 18,000 by 2028, according to a new report. Deputy chief executive of Hanga-Aro-Rau and report author Samantha McNaughton joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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8:29

Adrian Orr: Reserve Bank Governor Adrian Orr is...

Best of Business ·

2023/05/24

Reserve Bank Governor Adrian Orr is confident inflation is finally being brought under control. The central bank has hiked the Official Cash Rate by a further 25-basis points to 5.5 percent, lower than the the 50-basis-point rise some had been expecting. It's also indicating the OCR won't be raised any further, despite many economists predicting it would be. Adrian Orr told Mike Hosking all indicators suggest that previous OCR hikes have now constrained spending and reduced inflationary

en-US

3:54

Don Brash: Former Reserve Bank Governor says he does...

Best of Business ·

2023/05/24

Reserve Bank Governor Adrian Orr is in a difficult situation. The central bank has hiked the Official Cash Rate by a further 25 basis points to 5.5 percent. But it's also surprised many by indicating it's unlikely to hike the OCR any further, before it starts to cut the OCR towards the end of next year. Former Reserve Bank Governor Don Brash told Mike Hosking while he's as shocked as everyone else, he doesn't envy Orr's position. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:42

Greg Harford: Retail NZ Chief Executive says the OCR...

Best of Business ·

2023/05/24

Some good news, and some bad news, from the Reserve Bank. The central bank has hiked the Official Cash Rate by a further 25 basis points to 5.5 percent. But it's also indicated no further hikes are likely, before the OCR starts coming down towards the end of next year. That weakening is already being felt in the retail sector, where new figures show spending is continuing to slide. Retail NZ Chief Executive Greg Harford told Kate Hawkesby the OCR hike will push spending down even further. LISTEN

en-US

3,595 results

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