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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

3:44

Andrew Hoggard: Federated Farmers vice president on...

Best of Business ·

2023/02/15

The Government's flagship climate change policy has passed into law almost unanimously. The Zero Carbon Bill was debated on for almost a year with the National Party asking for amendments, but not getting them. Still, National voted for it last night. Federated Farmers Climate Change spokesperson and vice president, Andrew Hoggard joined Kate Hawkesby. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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1:50

Jon Duffy: Consumer NZ CEO says Warehouse's...

Best of Business ·

2023/02/15

The Warehouse's introduction of fresh fruit and vegetables to some stores from today is being described as a game-changer. Consumer NZ Chief Executive Jon Duffy told Mike Hosking it will be allow the chain to compete against big players in the supermarket industry. “They’ve got stores with large enough capacity to really expand properly into grocery without having to secure sites and build buildings.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:10

Ernie Newman: Former Food and Grocery Council CEO on...

Best of Business ·

2023/02/15

The Warehouse is stepping up its battle against supermarkets, introducing fresh fruit and vegetables to some stores from today. The produce sections are being rolled out in Whangarei, Auckland's Westgate, Wellington's Lyall Bay, Christchurch's Riccarton, Timaru and Invercargill. Former Food and Grocery Council Chief Executive Ernie Newman told Kate Hawkesby it's a great move. He says current supermarket prices are untenable, and The Warehouse will provide supermarkets with more competition, which

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4:20

Brad Olsen: Infometrics Principal Economist predicts...

Best of Business ·

2023/02/15

Cyclone Gabrielle is predicted to cost the economy billions of dollars in repairs and replacements. When combined with January's burst of floods, experts are claiming this disaster will add up to billions in infrastructure and roading repair costs. Infometrics Principal Economist Brad Olsen says that it's too early to guess what the cost of all this devastation will be. Olsen predicts that the cost of the damage will be in the billions, but stated that it was important not to overplay any figures

en-US

2:38

Jeremy Hutton: Milford Asset Management equities...

Best of Business ·

2023/02/15

New NZX data suggests that several companies have been hit hard by Cyclone Gabrielle. Fletcher Building has claimed adverse weather conditions will likely affect their year-end profits, and Vulcan Steel, and Steel & Tube have reported a reduction in orders due to Cyclone Gabrielle. Horticulture companies such as Scales and Mr Apple are also losing stock due to floods damaging orchards and fields, but it's too early to determine the extent of the damage. Milford Asset Management's Jeremy Hutton

en-US

4:07

Ross Taylor: Fletcher Building CEO on the company...

Best of Business ·

2023/02/15

Fletcher Building has reported an $80 million drop in half-year profits, and warns that its full year earnings will also be expected to take a hit. The company was hit hard by significant costs coming out of the repairs to Auckland's International Convention Centre after a major fire damaged the building. Fletcher Building CEO Ross Taylor says that Fletcher's full-year profits for 2023 will be affected by the floods in the North Island, despite a strong performance. Ross Taylor says Fletcher

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4:24

Christoph Schumacher: Economist says Gabrielle damage...

Best of Business ·

2023/02/14

An economist is warning that the repair of Cyclone Gabrielle could cost our economy tens of billions of dollars. The flow on effect of repairing damage, along with the country's loss of productivity and further supply chain issues will take it's toll on the economy, putting even more pressure on inflation. Massey University professor in Innovation and Economics Christoph Schumacher joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:46

Justin Tighe-Umbers: National Road Carriers Assn...

Best of Business ·

2023/02/14

Truckies say they're ready to start their engines to deliver supplies as soon as the roads begin to reopen. Certain areas have been cut off due to damage from Cyclone Gabrielle and are unable to be reached. The message from the National Road Carriers Association is for people not to panic as suppliers have stocked up in advance. CEO Justin Tighe-Umbers joined Kate Hawkesby. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:21

Russell Craig: Microsoft National Technology Officer...

Best of Business ·

2023/02/14

By 2026 public cloud services could add $21 billion to the New Zealand economy, along with creating 134,000 jobs. Spending on public cloud services is expected to double in the next five years as businesses realise the technology can cut costs and support growth. Microsoft National Technology Officer Russell Craig joined Mike Hosking to discuss what public cloud services are and why they are expected to pick up so heavily in the next few years. LISTEN ABOVE See omnystudio.com/listener for privacy

en-US

2:57

Jen Baird: REINZ CEO on 48% drop in house sales...

Best of Business ·

2023/02/14

The Real Estate Institute of New Zealand recorded a 48 percent drop in house sales between January and December. Auckland's median selling price was also down $80,000 dollars in January. REINZ CEO, Jen Baird, joined Kate Hawkesby to discuss the results. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:34

Rueben Davidson: Banks Peninsula Community Board...

Best of Business ·

2023/02/13

Lyttleton residents are complaining the amount of cruise ships coming in are overwhelming the area, with fears of a Starbucks or trinket shop opening in the future. Resident have taken their concerns to the Christchurch City Council’s Banks Peninsula Community Board. Banks Peninsula Community Board member Rueben Davidson joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:59

Simon Bridges: Auckland Business Chamber CEO says...

Best of Business ·

2023/02/13

Auckland businesses are wondering when they're going to get a break. Aucklanders are being advised to evacuate if necessary and to expect widespread power cuts today, with the city still expecting to be battered by wind and rain. It comes as the Government announces a $11.5 million funding package aimed at helping those affected by the summer floods. Auckland Business Chamber Chief Executive Simon Bridges says businesses want to get back on their feet, sooner and stronger. He says the Government

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2:15

Steve Badger: Director of Avos to Go on some growers...

Best of Business ·

2023/02/13

Well it's a combination of the not so perfect storm for avocado growers. Between the fruit getting blown off trees in the wind and the fact that avocado trees do not hold up well in rain, it's not looking good for next years avocado crops. Some growers are saying they expect less than 40 percent of produce to be able to be exported this year. Director of Avos to Go Steve Badger joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

4:55

Mike Fuge: Contact Energy CEO on deal reportedly...

Best of Business ·

2023/02/13

Uncertainty about the future of the Tiwai Point aluminium smelter looks likely to be resolved, with the owner ready to make a deal on its long-term contract. The smelter, near Bluff, is scheduled to close at the end of next year, after a review by the mining giant owner, Rio Tinto, decided its energy costs made it too expensive to run. Contact Energy CEO Mike Fuge told Mike Hosking discussions have been edging towards getting the owner to commit to staying for at least a decade. He says the goal is

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2:40

Kirk Hope: BusinessNZ chief executive on figures...

Best of Business ·

2023/02/13

There are hopes things could be looking up for the services sector after a difficult few years, that's according to the latest BNZ performance index. The figures showed that we may be seeing the end of the record labour demand, with vacancies filling up. BusinessNZ chief executive Kirk Hope joined Kate Hawkesby to discuss. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:34

Fran O'Sullivan: NZME business commentator on Chris...

Best of Business ·

2023/02/13

Prime Minister Chris Hipkins made an appearance at the Apec Business Advisory Council meeting last Sunday evening. Hipkins acknowledged that Auckland was currently going through a hard time due to the impending Cyclone Gabrielle, on top on the flurry of disasters impacting the region. NZME business commentator Fran O'Sullivan says that Chris Hipkins' appearance at Sunday's welcome reception was a surprise, as guests were unsure as to whether he would appear. Fran O'Sullivan observed that Chris

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7:08

Grant Robertson: Finance Minister says it was the...

Best of Business ·

2023/02/13

The minimum wage is set to rise by $1.50 to $22.70 in April, and businesses have voiced their disapproval. New data from Retail NZ has stated that 88 percent of retailers aren't in favour of this hike, and half of the survey participants plan to cut hours and jobs across stores. Finance Minister Grant Robertson has defended the minimum wage hike, saying it's the right solution to the current cost of living crisis. Grant Robertson says this minimum wage increase will put pressure on small

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3:08

Nick Lane: QOROX business development manager on 3D...

Best of Business ·

2023/02/09

A technology innovation company are taking ram raid protection into their own hands by 3D printing concrete planter boxes, outdoor furniture and seating. The custom street furniture sits in front of retail stores presenting a hard and solid barrier to deter potential ram raiders. QOROX business development manager Nick Lane joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3:20

Julie White: Hospitality NZ CEO says 2023 is shaping...

Best of Business ·

2023/02/09

A win for tourism as our local hotel industry thrives, with the sector the most optimistic since the pandemic began. The Tourism Export Council forecasts international visitor levels rebounding to around 2.1 million by the end of May and could approach pre-Covid levels mid 2025. Hospitality NZ Chief Executive Julie White told Kate Hawkesby 2023 is already shaping up to be a bumper year for the industry. She says all market segments are strong, with businesses back to travelling, and a range of

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2:22

Jon Duffy: Consumer NZ CEO on customers' rights after...

Best of Business ·

2023/02/09

Some Ed Sheeran fans are up in arms, claiming their seats for this weekend's concerts at Auckland's Eden Park have been changed without their permission. Consumer NZ chief executive Jon Duffy told Mike Hosking ticket companies are protected by their terms and conditions. He says if they argue the new seats are actually better, they might not need to compensate people. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

3,595 results

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