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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

4:47

Pattrick Smellie: BusinessDesk managing editor says...

Best of Business ·

2023/05/02

Months on from Cyclone Gabrielle, no-one is willing to discuss a course of action for all the red-stickered homes. An expert from BusinessDesk is suggesting these affected homeowners could be the 'canary in the mine' for the future of long-term managed retreat. BusinessDesk managing editor Pattrick Smellie says whatever ends up happening to the affected residents will become a template for the future- but no-one has offered up a solution. LISTEN ABOVE See omnystudio.com/listener for privacy

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3:16

Kare Johnstone: Restructuring Insolvency and...

Best of Business ·

2023/05/02

The sugar hit many businesses received during the pandemic is starting to wear off. Company liquidations are on the rise again as the Covid-related protections that once shielded businesses are subsiding. Restructuring Insolvency and Turnaround Association chair Kare Johnstone says the number of liquidations from the first quarter of 2023 is 265, up 29 percent from early 2022. "While liquidations are on the increase, if we just have a look at that same period for pre-pandemic levels, we're actually

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3:28

John Loughlin: Rockit Apples chair among the Hawke's...

Best of Business ·

2023/05/02

The Hawke's Bay region is calling out for more Government assistance following Cyclone Gabrielle. A report has found the area will have ongoing economic losses of $3.5 billion dollars over the next 10 years if no support arrives immediately. Rockit Apples chair John Loughlin says they'd like $750 million dollars to help with clean ups and replanting efforts. He says if they don't get help, the results could be disastrous. Loughlin says it will cause downsizing and jobs losses, similar to when the

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4:52

Hamish Cross: Vehicles Under $6990 owner says only...

Best of Business ·

2023/05/02

A Christchurch business owner is expressing frustration at the disruption created by maintenance. For the last four weeks, traffic management and road cones have been set up outside the Vehicles Under $6990 dealership. According to the Council, this is being done to fix waterworks. Owner Hamish Cross has observed that work on this project has only taken place during one six hour period over the course of the four weeks. "I've been keeping a very, very close eye on what's been going out here, because

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4:32

Nathan Hight: Safe365 co-founder on their success in...

Best of Business ·

2023/05/01

In the UK they are known for their food and booze - but are leading and expanding in tech and safety as well. In New Zealand we have more than 600 businesses known as SAAS - a software-as-a-service business. They bring in $20 billion to the New Zealand economy and employ 13,000 people. One of these companies, Safe365, is experiencing huge success and growth in the UK and now count Amazon, Heathrow Airport and the Royal Academy of Arts as their customers. The co-founder and director of Safe365 Nathan

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9:47

Carmel Sepuloni: Acting PM says it's too early to say...

Best of Business ·

2023/05/01

The Acting Prime Minister says it's still far too early to say whether Labour will introduce a Capital Gains Tax if it wins the next election. Carmel Sepuloni told Mike Hosking she can't discuss a tax policy that doesn't yet exist. “We haven’t had the conversations or discussions to explore what that might mean as a political party through our manifesto going into the next election.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:02

Richard McIntyre: Federated Farmers Immigration...

Best of Business ·

2023/05/01

Heading into a busy winter season, the dairy sector is still lacking thousands of workers. The shortage is being partly blamed on the median migrant wage with the $29.66 cent hourly wage requirement being called unreasonable as local workers earn less for the same job. Federated Farmers Dairy chair and Immigration spokesperson, Richard McIntyre, joined Kate Hawkesby. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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10:45

Brianne West: Former Ethique CEO on her latest...

Best of Business ·

2023/04/29

Founder of hugely successful beauty bar brand Ethique Brianne West is out to help others achieve their own success. After stepping down as Ethique's CEO, West launched Business But Better, an organisation that mentors and coaches other start-up social enterprises. Brianne West says stepping down from Ethique was a hard decision, but she believed it was in the company's best interests to depart. "I want to help as many people as possible, so I thought- what if I distil the lessons and mistakes I've

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3:36

Kate Hawkesby: We must value those in the tourism...

Best of Business ·

2023/04/27

One of the things I like about London is the infrastructure works. The buses, the trains, the tube, the taxis all work. It’s a systems place, it’s got the population to support it, and it works, so people use it. The other thing I’ve found on our travels both here and in the States, is that service culture is huge. It’s a career. At home it feels a bit more of a transient option for school leavers or students or those who want to dabble in something for a while. Waiting tables or working in a hotel

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3:08

Ellen Dixon: Union of Students' Associations Pres...

Best of Business ·

2023/04/27

Student associations say students are being forced into more work and turning to food banks, as rents rise. The student loan for living costs and student allowance rose by $20 from April 1. It follows a $25 weekly increase in Budget 2022. Union of Students' Associations President Ellen Dixon says there are landlords and property managers that monitor those financial changes. She says there's a difference between mum and dad landlords and those in property management companies who follow those

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2:58

Toby Williams: Federated Farmers Forestry...

Best of Business ·

2023/04/27

Expectation that a funding boost for our wood processing sector will target New Zealand's slash problem. A new $57 million government fund aims to process logs onshore, move the industry from volume to value and create high wage jobs. It's estimated the fund will see up to $650 million more Gross Domestic Product over its lifetime. Federated Farmers Forestry Spokesperson Toby Williams told Mike Hosking there's opportunity in the domestic wood-processing sector. He says any investment needs to go

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4:42

Chris Bishop: National housing spokesperson claims...

Best of Business ·

2023/04/27

National claims empowering landlords to evict tenants without cause will help renters. The party's housing spokesperson Chris Bishop says increased tenancy regulation has decreased supply, pushing up rent prices. He told Mike Hosking the policy has caused landlords to fear renting to vulnerable people, as there's no way to easily evict them if things don't work out. Under the current law, landlords can terminate a tenancy under a range of justifiable reasons, like anti-social behaviour or being

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4:03

Rebecca Armour: KPMG Tax Partner says there is an...

Best of Business ·

2023/04/27

There has been plenty of discussion amongst tax experts around fairness within the system. Prime Minister Chris Hipkins has confirmed no major tax overhaul will be made in this term of government, including on capital gains. But, KPMG Tax Partner Rebecca Armour told Mike Hosking there's an argument for one, where people in the same economic position pay the same amount of tax. She says people earning $50,000 in salary have an effective tax rate which is much higher than someone earning the same

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5:04

Tony Alexander: Economist says demand for rentals is...

Best of Business ·

2023/04/27

There are signs of a changing landscape in the rental market. The latest monthly Tony Alexander Investor Insight survey has found a net 13 percent of investors are finding it easier to get good tenants. That result is the highest reading in the survey since March last year. Independent economist Tony Alexander told Mike Hosking it's partly driven by tourists and overseas students coming back into the rental market. He says the change is having an upward pressure on rents and making it easier for

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2:37

Prue Younger: Forest Industry Contractors Assn CEO...

Best of Business ·

2023/04/27

It's hoped a new fund will unleash opportunities for New Zealand's domestic wood processing sector. Government is putting $57 million into the industry, aiming to process more logs onshore, create high-wage jobs and aid climate change goals. Forest Industry Contractors Association Chief Executive Prue Younger told Kate Hawkesby the problem the industry is facing is heavy reliance on export markets. She says when those markets are down, the workforce is significantly impacted and not only are the

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4:06

Craig Renney: Economist says if Govt don't borrow to...

Best of Business ·

2023/04/27

The Government is being called on to invest any money it may borrow, into things that create a stronger economy. Prime Minister Chris Hipkins has confirmed no major tax overhaul will be made this term, including on capital gains or a cyclone levy. Council of Trade Unions economist Craig Renney told Kate Hawkesby if we borrow for things like roads, schools and hospitals, we're all better off as a society. He says if we don't borrow or invest, simply to reduce debt, we will find ourselves in a

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2:42

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

Best of Business ·

2023/04/27

New Zealand's next election is fast approaching, and next year the focus will be on America's election. An expert from Fisher Funds says geopolitical events can give investors plenty of reasons to be concerned, and looking at history can indicate how to proceed. Sam Dickie of Fisher Funds explained it's impossible to construct a long-term portfolio based around politics or elections, citing the market reaction to Donald Trump's election as proof. LISTEN ABOVESee omnystudio.com/listener for privacy

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5:29

Dileepa Fonseka: senior business correspondent on...

Best of Business ·

2023/04/27

The India NZ Business Council has released information suggesting New Zealand has more work to do before establishing a trade deal with India. According to a new report from the INZBC, New Zealand will be better off building an initial relationship with India first before leading with a trade deal. Senior business correspondent Dileepa Fonseka says the growing insistence on setting up an FTA may have been counterproductive towards collaborating with India. Dileepa Fonseka says India has very

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5:02

Liam Dann: NZ Herald business editor on Chris...

Best of Business ·

2023/04/27

Prime Minister Chris Hipkins delivered his pre-budget speech and experts are comparing aspects of it to National's campaign promises. Hipkins talked about reducing Government spending, highlighted strong immigration numbers and ruled out introducing a capital gains tax. The Prime Minister also promised spending would be directed to boost economic productivity, with skills, science and infrastructure labelled as priorities. NZ Herald business editor at large Liam Dann says Chris Hipkins' no-frills

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4:07

Andrew Dickeson: Baker Tilly Staples Rodway tax...

Best of Business ·

2023/04/27

A senior tax director predicts the Government will propose a capital gains tax and take it to the election. An Inland Revenue report released yesterday found the average earner is taxed at more than double the rate of New Zealand's wealthiest. Andrew Dickeson from Baker Tilly Staples Rodway suspects the Government will introduce a broad tax on capital, but it risks running the rich out of New Zealand. "High net worth do a lot of great things for New Zealand, including employing hundreds, if not

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3,595 results

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