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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

7:28

Hannah McQueen: Why random stock picking can be to...

Best of Business ·

2023/04/21

Hannah McQueen has been running enable.me for more than 15 years, and in that time has seen a huge change in the number of people who own shares. The sharesies/hatch/DIY investor revolution means many people have a portfolio when previously it was only those who had significant wealth, or a personal passion, who did. The problem is there are more and more people randomly selecting shares, rather than investing strategically, or in a diversified way. FMA research shows a decent number of people

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6:47

Paul Stenhouse: Apple is now a bank and goodbye...

Best of Business ·

2023/04/21

Apple is now a bank It's offering a savings account earning an extremely competitive interest rate! Their Apple Card partner Goldman Sacks is also powering this savings account. It's tough to define these days what "Apple" is as a company - they make devices, offer cloud services, create TV shows, sell apps, and now offer a savings account. Goodbye Twitter's blue checkmarks After many many false starts, the blue checkmarks people had for being 'notable' have disappeared. The only way to get a

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6:21

Grant Robertson: Finance Minister reveals there will...

Best of Business ·

2023/04/20

Brace for higher prices at the petrol pump. Finance Minister Grant Robertson has just confirmed to Newstalk ZB that the Government won't be extending the current fuel tax discount beyond the end of June. The Government extended the 25 cents per litre discount for a fourth time back in February, against Treasury advice. Prime Minister Chris Hipkins has previously refused to rule out further extensions. But Grant Robertson has revealed to Tim Dower there will be no further extensions in next month's

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4:27

Sunny Kaushal: Dairy and Business Owners Group chair...

Best of Business ·

2023/04/20

Victims of retail crime are getting a further $9 million in support. Police minister Ginny Andersen has made the announcement, topping up the crime prevention fund to $15 million . It goes towards the likes of fog cannons, security sirens and CCTV systems. Dairy and Business Owners Group chair Sunny Kaushal joined Tim Dower to discuss. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:45

Hadley Dryden: Destination Hauraki Coromandel says...

Best of Business ·

2023/04/20

Coromandel businesses are crossing fingers for a bumper Anzac weekend after its local economy lost $30-million in the year's first quarter. A driving lottery has begun via the coastal route until Tuesday as State Highway 25A remains closed to vehicles. It features cameras in secret locations from Thames all the way around to Waihi, photographing random vehicles. Prizes include stays at a beach resort, dive trips and dozens of oysters Destination Hauraki Coromandel's Hadley Dryden told Roman Travers

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5:52

Greg Smith: Retail expert says the sobering news is...

Best of Business ·

2023/04/20

Good news and sobering news has come from the latest inflation announcement. The inflation rate increased 6.7 percent in the 12 months to March. That's a slow down from the 7.2 percent jump recorded in the previous quarter. Devon Funds Management Head of Retail Greg Smith told Tim Dower the sobering news is that inflation has moved to domestic items and may not come down too quickly. He says the Reserve Bank is likely to keep the OCR high. LISTEN ABOVESee omnystudio.com/listener for privacy

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3:54

Aimie Hines: Retail NZ spokesperson says a boost to...

Best of Business ·

2023/04/20

A boost to the retail crime prevention fund is being given the tick of approval from the retail sector. It's been given a $9 million top-up, to a total of $15 million. More than 500 ram-raided or robbed stores have had quotes approved, and over 1000 security interventions completed. That includes hundreds of fog cannons, CCTV systems, and roller doors. Retail NZ spokesperson, Aimie Hines told Tim Dower more funding is always a good thing. She says it means retailers most at risk can the have tools

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4:19

Sam Dickie: Fisher Funds Senior Portfolio Manager on...

Best of Business ·

2023/04/20

US House Speaker Kevin McCarthy has released plans to raise the debt ceiling by $1.5 trillion. This comes as banks are warning the US Government to bring the $31.4 trillion debt ceiling forward. Sam Dickie from Fisher Funds explained that if the US Government's debt ceiling is breached and the limit isn't raised, the Government could theoretically default on its debt obligations. Sam Dickie says raise the debt ceiling has been a negotiating tactic frequently used by Republicans during Democratic

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5:37

Liam Dann: NZ Herald business editor at large on the...

Best of Business ·

2023/04/20

The lower-than expected 6.7 inflation rate offers some light at the end of the tunnel. This figure is unlikely to change the current outlook, as economists are still predicting the Reserve Bank will deliver another 25 basis point hike to the OCR next month. NZ Herald business editor at large Liam Dann says this inflation rate presents good news after months of inflation being worse than expected. Liam Dann says domestic inflation is still concerningly high, but not as bad as predicted. LISTEN

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5:31

Kerre Woodham: Is a capital gains tax simply an issue...

Best of Business ·

2023/04/20

There's been quite a bit of chat around a report that's due to come out from the IRD that looks at 400 of the wealthiest families and individuals in New Zealand. This morning there was a speculative piece in The Spinoff suggesting that that IRD report could be paving the way for an introduction of a capital gains tax. A tax that Jacinda Ardern promised would be ruled out as long as she was Prime Minister. But she's not the PM anymore. Chris Hipkins is and he has made no such promises. He's also

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7:44

Liam Dann: NZ Herald Business Editor at Large...

Best of Business ·

2023/04/20

A potential breath of relief for Kiwi consumers and mortgage holders has come with the release of new data. Inflation figures have come in much lower than expected, with the Consumer Price Index measuring 6.7 percent for the year to March. Although levels are still the highest since the 1990s, 6.7 is much lower than expected by bank economists, and the Reserve Bank. NZ Herald Business Editor at Large Liam Dann joined Kerre Woodham to discuss the surprise development. LISTEN ABOVESee

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3:45

Mark Smith: Economist says food prices and housing...

Best of Business ·

2023/04/19

Our current period of high inflation isn't over yet. Latest figures due out this morning are expected to show consumer prices rose between 6.9 percent and 7.2 percent in the year to March. ASB Senior Economist Mark Smith told Roman Travers says two major factors are driving the high inflation rate. "One is food prices really have rocketed and the second thing is housing costs remain really elevated, despite the softer housing market." LISTEN ABOVE See omnystudio.com/listener for privacy

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3:38

Sharon Zollner: Economist says inflation isn't easing...

Best of Business ·

2023/04/19

Our current period of high inflation isn't over yet. Latest figures due out this morning are expected to show consumer prices rose between 6.9 percent and 7.2 percent in the year to March. ANZ Chief Economist Sharon Zollner told Tim Dower inflation isn't easing here as fast as it is in other countries. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:38

Deborah Lambie: Milford Asset Management Global...

Best of Business ·

2023/04/19

Over in the US, first quarter earnings reporting season has officially kicked off. Despite many US companies facing a raft of challenges between interest rates, inflation, and banking turmoil, the S&P index is up by 8 percent. Milford Asset Management's Deborah Lambie says analysts are forecasting profits will be down by 6.5 percent, making it the second consecutive quarter of negative growth. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:38

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2023/04/19

The annual inflation rate is out tomorrow, and it's expected to remain stubbornly high. Westpac economists forecast the annual inflation rate will come in at 6.9 percent, BNZ and Kiwibank predict 7.1 percent and ANZ and ASB economists expect 7.2 percent. NZ Herald Wellington business editor Jenee Tibshraeny says inflation rates will still be well beyond the Reserve Bank's 1 to 3 percent target range. "Some people might look at this and think- well, it's a bit better than what the Reserve Bank

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2:18

Roman Travers: Do you really trust any government not...

Best of Business ·

2023/04/18

How many times in recent decades have you heard the call for a better and fairer tax system? How many times have we heard governments saying that the tax system needs to be looked at? Well, I've got some good news for those at the upper end of income earning who may have been wondering when the tax axe was about to fall, forcing them to haemorrhage more. It turns out, our tax system is pretty fair and equitable after all. A new study completed for tax consultancy firm OliverShaw concludes

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4:22

Christopher Staal: Founder of EC8 on world first...

Best of Business ·

2023/04/18

A Hamilton technology company has created a 'world first' by developing an automation system that can measure and cut plasterboard en masse. The development will cut down building times, decrease waste and enable more accurate cuts. Christopher Staal is the founder of EC8 and joined Tim Dower. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:07

Chris Luxon: National leader promises to end what he...

Best of Business ·

2023/04/18

National is promising to end what it calls 'Labour's war on the farming sector'. It's announcing policy this morning promising to double the RSE worker cap to 38,000 people, and create a path to residency through the Accredited Employer Work Visa. It will also remove two agriculture regulations for every new one introduced, under a new 'two for one' rule. Leader Chris Luxon told Tim Dower foreign investment in farms to convert to forestry for carbon farming would also be banned. He says the practice

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3:45

Amy Castleton: Dairy analyst at NZX discusses first...

Best of Business ·

2023/04/18

The Global Dairy Trade price index has recorded its first increase in two months. This morning's auction showed a 3.2 per cent climb since the last trading event earlier this month, this is the first gain after four consecutive falls. Amy Castleton, dairy analyst at NZX joined Roman Travers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:10

Pattrick Smellie: BusinessDesk commentator on...

Best of Business ·

2023/04/18

On April 26th, New Zealanders will get to find out how much tax the wealthiest citizens pay. Separate studies by the Inland Revenue Department (IRD) and the Treasury are expected to provide both a guide to and rationale for any tax reforms the Government may announce in the budget. BusinessDesk commentator Pattrick Smellie says this release isn't a response to the recent OliverShaw report into our tax system and the April 26th date had been floated for a while. Pattrick Smellie explained this

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3,595 results

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