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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

2:47

Selina Deadman: DHL export predictions raise concern...

Best of Business ·

2022/11/09

There are concerns exporters could be run out of business in this country. The 2022 Export NZ DHL Barometer shows exporters are worried about a number of barriers in the sector. There are the obvious ones like the cost and availability of transport but the high cost of doing business in NZ is also seen as a hurdle. There is some good news, with two thirds of exporters expecting international orders to increase next year. DHL Express NZ Vice President of Commercial Selina Deadman joined Mike

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3:33

Sam Trethewey: Milford Asset Management Portfolio...

Best of Business ·

2022/11/09

Tech company Pushpay is currently under offer, and new data from today suggests that the company will miss some long term targets. As such, people have raised concerns about the company's price, as they feel it doesn't match the current stock price on offer. Milford Asset Management Portfolio Manager Sam Trethewey explained why Pushpay is undergoing a downswing and why investors are concerned. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:35

Brad Olsen: Infometrics principal economist on the...

Best of Business ·

2022/11/09

According to new data, retail cart spending on non-essential items has gone up again this year. Stats NZ says that electronic card spending climbed an extra $88 million, across categories like appliances, furniture, liquor, and apparel. Infometrics principal economist Brad Olsen explained that this data is surprising, because it indicates that higher interest rates haven't hit yet. Brad Olsen suggests that people may need to be cautious in the future, but it's surprising that it hasn't hit Kiwi

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3:22

Claire Matthews: Business professor on Govt...

Best of Business ·

2022/11/08

The Government is taking aim at bank's massive profits by allegedly looking into open banking, with an announcement potentially coming this week. Open banking is when you can move all your bank details, your debits, your mortgages etc between banks very quickly, creating high amounts of competition, as seen overseas. The evidence shows that it brings banks profits down about 10 percent. Associate professor at the Massey University Business School Claire Matthews joined Mike Hosking. LISTEN ABOVESee

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4:25

Nicola Willis: National Finance spokesperson outlines...

Best of Business ·

2022/11/08

National's outlining how it will approach working with a Reserve Bank Governor it's criticised if elected next year. Adrian Orr will spend another five years in the role after the unanimous recommendation from the central bank's board. Finance spokesperson Nicola Willis told Kate Hawkesby they'd initiate an independent inquiry into monetary policy decision making over the past two years. She says that would include its contribution to the cost of living crisis, what it's done in terms of

en-US

2:12

Michael Reddell: Former Reserve Bank economist lays...

Best of Business ·

2022/11/08

A former Reserve Bank economist has laid into Adrian Orr's reappointment as Reserve Bank Governor. He'll spend another five years in the role, after the unanimous recommendation from the central bank's board. Michael Reddell told Mike Hosking he wouldn't have given him the job. He suggests he's fundamentally unfit for the job, from his personality and style, to the way his focus has been distracted onto other things, and the inflation figures. LISTEN ABOVESee omnystudio.com/listener for privacy

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3:20

Ant Boyles: Council of Cargo Owners chair on report...

Best of Business ·

2022/11/08

There is a desire to be proactive rather than reactive when it comes to supply chain disruptions. The Productivity Commission will look into our economy's resilience to such shocks and look to identify possible policy response and interventions. Council of Cargo Owners chair Ant Boyles told Mike Hosking over the past couple of years we've seen some reactive actions to disruptions. He says to put some framework around policy settings so when disruptions hit, we have a plan and a proactive set of

en-US

5:10

Pattrick Smellie: BusinessDesk managing editor on the...

Best of Business ·

2022/11/08

The reappointment of Reserve Bank Governor Adrian Orr has not gone down well with National and ACT. National say the party is appalled, and ACT says it shows the low standards that Labour sets for New Zealand. BusinessDesk managing editor Pattrick Smellie addresses the backlash and points out that Grant Robertson was in a no-win situation when it came to making this reappointment in the current climate. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:43

Chris Wilkinson: Retail expert on whether Kiwis will...

Best of Business ·

2022/11/07

It's the beginning of the silly month when it comes to retail special days - but will we get out there and spend this time around? Today marks the beginning of 'Click Frenzy' while Friday is another big shopping day we've adopted from China called ‘Singles Day’. Then at the back end of the month you have Black Friday and Cyber Monday. First Retail Group managing director Chris Wilkinson joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

2:42

Ana Maria Rivera: NZ School of Tourism CEO on figures...

Best of Business ·

2022/11/07

There's a post-pandemic boom of people studying to work in the tourism industry. Exclusive data revealed to Newstalk ZB shows enrolments at the New Zealand School of Tourism are up 25 percent for 2023. The school claims more students feel supported to go back into the tourism sector, as parents recognise better employment opportunities. School CEO Ana Maria Rivera says there's a range of people entering the sector, which will help the economy bounce back. She says it's exciting and encouraging to

en-US

2:39

Kimberly Crewther: Dairy Companies' Association says...

Best of Business ·

2022/11/07

Dairy companies want market access Canada committed to, upheld. Trade Minister Damien O'Connor has asked for an international panel to hear a dispute between the countries - which has seen Kiwi products locked out of the Canadian market. He says Canada isn't living up to commitments under the CPTPP agreement, by implementing broader dairy import taxes. Dairy Companies' Association Executive Director Kimberly Crewther told Mike Hosking from their perspective, it's a clear cut issue. She says Canada

en-US

2:30

Tony Alexander: Economist on survey showing 28% of...

Best of Business ·

2022/11/07

New Zealanders are preparing to tighten their purse strings. Economist Tony Alexander has surveyed more than 1000 people on their spending expectations. He's found people expect to increase what they're spending on groceries, gardening equipment and domestic travel, as prices continue to rise across the board. But he told Mike Hosking a net 28 percent of respondents actually plan to decrease what they're spending overall. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:04

Sirma Karapeeva: Meat Industry Assn CEO says NZ is in...

Best of Business ·

2022/11/07

New Zealand's red meat industry is booming, yet there are fears export growth may slow following a busy month. Export values have risen, with beef up 25 percent from the previous year, and sheepmeat up 15 percent. However, external factors are slowing growth as inflationary challenges present themselves - a drop in value of the Japanese Yen has meant beef exports are down 23 percent. Meat Industry Association Chief Executive Sirma Karapeeva told Mike Hosking the industry remains positive. She says

en-US

4:32

Andrew Hoggard: Federated Farmers President says...

Best of Business ·

2022/11/07

Federated Farmers says Canada is extremely protectionist in its dairy system. Trade Minister Damien O'Connor has asked for an international panel to hear a dispute between the countries, which has seen New Zealand products locked out of the Canadian market. He says Canada isn't living up to commitments under the CPTPP agreement, by implementing broader dairy import taxes. Federated Farmers President Andrew Hoggard told Kate Hawkesby it's a market they haven't really been able to access, but would

en-US

3:04

Greg Harford: Retail NZ CEO says cost of living may...

Best of Business ·

2022/11/07

Retailers will be having a busy rest of their November. Click Frenzy, Singles Day, Black Friday and Cyber Monday sales will all happen before December. Retail NZ Chief Executive Greg Harford says we have imported sales from overseas to keep up with customers' demands. He says while they used to be niche sales, they've now gone mainstream with savings on everything from electronics to clothes. He told Kate Hawkesby the cost of living crisis may be good news for the sales. LISTEN ABOVE See

en-US

4:59

Catherine McGrath: Westpac New Zealand CEO on their...

Best of Business ·

2022/11/07

Westpac has recently announced that their profits are up by 12 percent, putting their earnings at $1 billion dollars before the years' end. The timing of this coincided with Jacinda Ardern's latest post-cabinet briefing, in which she said that banks had to assess their “social licence to operate” as they make record profits in a cost of living crisis. Westpac NZ CEO Catherine McGrath defends these earnings as Westpac's profit margins have been flat. Catherine also states that in times of economic

en-US

2:01

Mike's Minute: The wage gravy train can't last forever

Best of Business ·

2022/11/03

One of life's lessons is that the more things swing one way, the greater the eventual correction. McLeod Transport in the Bay of Plenty are looking at becoming landlords because they can't get workers. The broadest of questions once again has to be asked of the Government. Just how badly do they want to cripple business and constrain the economy with their mad immigration policy? How many examples of extreme madness do they need before they work out they’ve got it horribly wrong? But back to the

en-US

5:23

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

Best of Business ·

2022/11/03

A 'Rebuilding Better' series will be out in the Herald tomorrow about how New Zealand can rebuild - economically and socially - post Covid-19. The project will be focused around examining aspects of New Zealand life, starting with the economy, but covering health, social division, crime, and national identity to find out if New Zealand can emerge as a fairer and more prosperous nation post Covid. NZ Herald business editor Liam Dann is involved with this project, and he explained that the goal of

en-US

2:30

Adrian Allbon: Jarden's director of equity research...

Best of Business ·

2022/11/03

A2 Milk has finally got the all clear to sell its infant formula in the U.S. It applied for the approval back in May when America announced a nationwide shortage, and finally got to break into the market this month. Adrian Allbon, Jarden's director of equity research, considers this a positive development. The approval process only lasts til January currently, but A2 Milk has an opening to extend their approval and expand their brand into a US market. LISTEN ABOVE See omnystudio.com/listener for

en-US

3:47

Nick Hogendijk: Grocery market specialist on...

Best of Business ·

2022/11/03

Supermarket giant Foodstuffs has put a moratorium on its suppliers, stopping them from changing prices for a minimum of 12 weeks over the Christmas period. Retail consultant Nick Hogendijk has read the documents that show this and he joined Heather du Plessis-Allan. LISTEN ABOVE See omnystudio.com/listener for privacy information.

en-US

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