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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.

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All Episodes

40:49

Hannah McQueen: Should we be tightening our spending?

Best of Business ·

2022/11/30

Hannah McQueen joins the boys to discuss the fact that New Zealand's official cash rate was lifted to 4.25% & whether we should be tightening our spending like Adrian Orr has suggested.See omnystudio.com/listener for privacy information.

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3:03

Jo Castasus: Entrepreneur taking the hassle out of...

Best of Business ·

2022/11/29

For many of us, the thought of supermarket queues are draining. But for others, they are seen as an entrepreneurial opportunity. Entrepreneur Jo Castasus has stepped into the game with her bulk shopping business 'Aunty Jo's'. By paying a $20 fee, Aunty Jo will do a Costco shop and ship it to you, whether you are near or far. The name behind Aunty Jo, Jo Castasus joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:44

Christina Leung: Economist says as people face higher...

Best of Business ·

2022/11/29

Scary times for some home-owners, with ANZ the first to react following last week's record OCR rise. It's increasing its home loan and deposit rates, after the OCR was lifted to 4.25 percent last week. ANZ expects house prices to continue dropping until mid to late next year, falling 22-percent from their peak last year. But the New Zealand Institute of Economic Research is forecasting a lower interest rate track of 5 per cent. Principal economist Christina Leung told Mike Hosking many households

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3:25

Paul Spoonley: Sociology professor puzzled as to why...

Best of Business ·

2022/11/29

Immigration experts are concerned a change to work rights for migrants' partners could put people off coming here. Until now, a partner could get an open work visa. But a change going ahead next month will only allow partners of green list workers to do that. Couples will instead have to find accredited employers to sponsor applications for each of them, or have a partner who can visit but not work. Sociology professor Paul Spoonley told Kate Hawkesby most migrants come with partners or

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3:30

Kathy Armstrong: Immigration consultant says changes...

Best of Business ·

2022/11/29

An immigration consultant says changes to the partners of migrants' right to work, will make it harder to attract migrants. A change going ahead next month will only allow partners of green list workers to get an open work visa. Couples will instead have to find accredited employers to sponsor applications for each of them, or have a partner who can visit, but not work. Into NZ Immigration Principal Consultant Kathy Armstrong told Mike Hosking she doesn't know why the Government would change it. She

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2:48

Gareth Kiernan: Infometrics Chief Forecaster expects...

Best of Business ·

2022/11/29

A major New Zealand bank is the first to move on the back of last week's historic OCR rise. ANZ has lifted its floating and flexible mortgage rates by 65 basis points - all fixed term rates are now over 7 per cent for those who don't have a 20 per cent deposit or equity. All eyes are now on how other big banks will react. Infometrics Chief Forecaster Gareth Kiernan told Kate Hawkesby he is expecting other banks will do the same. He says it's a massive squeeze on people. Kiernan says Reserve Bank

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4:02

Peter Nation: Field Days Society CEO says everyone is...

Best of Business ·

2022/11/29

The southern hemisphere's largest agricultural event will be a little warmer this year. Thousands are expected to flock to Fieldays at Mystery Creek in the Waikato this morning, with more than 1,000 exhibitors ready to show off their products and services. The opening will end a 17-month hiatus after the June event was postponed this year, due to uncertainties around Covid restrictions.. National Field Days Society CEO Peter Nation told Kate Hawkesby the sun is starting to come up, which is pretty

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3:24

Pattrick Smellie: BusinessDesk managing editor on...

Best of Business ·

2022/11/29

Big moves for Meridian's green hydrogen project in Southland, as they have picked a collaborator off a shortlist. Meridian Energy chose the Australian oil and gas giant Woodside Energy as their preferred partner to develop this plant. It would produce hydrogen and ammonia from renewable energy on a wide scale. Pattrick Smellie, BusinessDesk managing editor says that Meridian's final decision was unexpected, as Fortescue Metals Group was assumed to be a shoo-in. LISTEN ABOVESee

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2:27

Chelsea Rapp: NZ Game Developers Association on...

Best of Business ·

2022/11/28

New Zealand's video game industry is booming. Revenue has almost doubled from last year’s $267 million to $407 million in the past year - heading to be a billion dollar industry by 2026. Not to mention digital games are New Zealand’s single fastest growing export and one of our most productive sectors. Chairperson of New Zealand Game Developers Association Chelsea Rapp joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:55

Liz Wheadon: Glengarry Wines GM says crime prevention...

Best of Business ·

2022/11/28

Retailers are struggling to see how yesterday's crime announcement will change anything. $4 million will be made available to local councils to assist with crime prevention measures. Funding will also be available for all small shops and dairies to install fog cannons and the Crime Prevention Fund will be extended. Glengarry Wines General Manager Liz Wheadon told Mike Hosking it's not much different to what's already in place. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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5:01

Ash Parmar: Waikato retailer is concerned Govt hasn't...

Best of Business ·

2022/11/28

Concerns the Government hasn't addressed the real issue around ram raids. It's announced a $4 million fund to support local councils in Auckland, Hamilton and Bay of Plenty and a $4,000 fog cannon subsidy scheme. Waikato retailer Ash Parmar told Kate Hawkesby there have been 66 prosecutions and 10 youth referrals, but some 200 young people have been arrested. He says that means there are 129 kids who aren't going to adult court or youth court and it proves young kids are being used to do these types

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3:35

Karen Murrell: Lipstick brand and Wool Source join...

Best of Business ·

2022/11/28

Opposites have attracted in an unexpected collaboration of lipstick and New Zealand strong wool. In what is thought to be a world-first, Wool Source and lipstick brand Karen Murrell have joined forces to create a lipstick coloured with a wool keratin-based pigment. The new lipstick “Kera Kisses” uses wool from Ashburton's Westmere Farm. Karen Murrell says Lincoln Agritech's wool industry research team has developed a wool fibre that could be turned into protein. She told Kate Hawkesby she was asked

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4:41

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

Best of Business ·

2022/11/28

The Government has recently stated that they will take the Three Waters legislation to parliament's Business Committee to discuss entrenchment. This entrenchment provision, if implemented, will require 60 percent of MPs to overturn the provision in the future, an increase to the previous threshold of 50 percent. Fran O'Sullivan, NZME business commentator says that it's important that legal experts continue to seek clarification on this, as this is bigger than privatisation, especially if National

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8:28

Steven Joyce: Former Finance Minister says young...

Best of Business ·

2022/11/24

There are fears young people will come out worse off from any upcoming recession. Reserve Bank Governor Adrian Orr has confirmed the bank is deliberately engineering a recession, with plans to hike the Official Cash Rate as high as 5.5 percent. That recession is expected to hit around the middle of next year. Former Finance Minister Steven Joyce told Mike Hosking it will be felt particularly by young people, especially young home owners who have recently hopped on the property ladder. He says in a

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4:59

Andrew Kelleher: JMI Wealth Director says markets...

Best of Business ·

2022/11/24

Investors are keeping calm, after this week's stark warnings from the Reserve Bank. Governor Adrian Orr has left many mortgage holders reassessing their options, after lifting the OCR to 4.25 percent and warning it could peak at 5.5 percent. He's also confirmed the bank is deliberately engineering a recession, that's likely to hit about the middle of next year. JMI Wealth Director Andrew Kelleher told Mike Hosking while short term interest rates are rising, markets certainly haven't been caught by

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4:29

Andrew Hoggard: Federated Farmers president on claims...

Best of Business ·

2022/11/24

The Government are determined to pin Three, or Five, Waters confusion on the farmers. Megan Woods on the Mike Hosking Breakfast on Wednesday said the whole "Five Waters" discourse was because the farmers wanted geothermal and coastal waters to be covered by Three Waters. Federated Farmers said that wasn't the case, but Local Government Minister Nanaia Mahuta doubled down in the house yesterday when asked by National's Simon Watts. Federated Farmers president Andrew Hoggard joined Mike

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3:56

Catherine Beard: BusinessNZ says there's no way we...

Best of Business ·

2022/11/24

Calls for a shake up to immigration. Act has unveiled a new immigration policy that scraps temporary visas, charges based on demand, and allows more migrants to bring their parents. Business NZ Advocacy Director, Catherine Beard, says in a global contest for talent, other countries have made it easier for immigrants. She told Tim Dower new ideas are needed to fulfil New Zealand's future workforce. Beard says with an aging population and declining birth rate, there's no way we can fulfil the need for

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3:15

Chris Quin: Foodstuffs NI CEO facial recognition data...

Best of Business ·

2022/11/23

Foodstuffs is clearing the air over concerns it's been collecting sensitive information from shoppers without their knowledge. Our newsroom has confirmed 29 of its supermarkets in the North Island are already using facial recognition technology. It comes as supermarket crime has skyrocketed, with a 246 per cent increase in serious incidents. And just last night in Auckland's Sandringham, a dairy worker was fatally stabbed. Foodstuffs North Island CEO Chris Quin told Mike Hosking the facial

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8:37

Adrian Orr: RBNZ Governor believes he's struck the...

Best of Business ·

2022/11/23

Adrian Orr believes he's struck the right approach with the latest unprecedented hike to interest rates. The Reserve Bank Governor has lifted the Official Cash Rate by 75 basis points, to a 14 year high of 4.25 percent. Orr is warning the country could be in recession by the middle of next year, and the OCR may have to peak at 5.5 percent to get inflation under control. While some have accused him of overcooking things, and others will accuse him of not being aggressive enough, Orr told Mike Hosking

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3:13

Dennis Maga: First Union General Secretary calls for...

Best of Business ·

2022/11/23

A call for employers to take more precautionary action, as supermarket crime soars. Since 2020, Foodstuffs says there's been a 246 percent rise in serious crime. The company has confirmed 29 of its supermarkets in the North Island are using facial recognition technology, prompting concern Foodstuffs is collecting sensitive information about shoppers without their knowledge. First Union General Secretary Dennis Maga told Kate Hawkesby facial recognition may help, but won't be enough to deter

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3,595 results

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