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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

2:16

David Willis: Nurses' Society Director on dropping of...

Best of Business ·

2022/09/12

Nurses' Society Director David Willis joined Mike Hosking to discuss the dropping of vaccine mandates for health workers and how it will affect the industry. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:13

Tim Beveridge: Businesses shouldn't have to pick up...

Best of Business ·

2022/09/12

I've just been watching the news coverage of the cortege as the Queens coffin has been making its way from Balmoral Castle on its way to Edinburgh. It has been stopping off in places so people could pay their respects and there's some very moving footage of just people lining the streets, not just in the countryside but also thousands of mourners lining the streets in Edinburgh. Clearly the coming days will culminate in a funeral, an event the likes of which we will have never seen and maybe never

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3:05

Kate Hawkesby: Another public holiday is a bridge too...

Best of Business ·

2022/09/12

What a relief and not before time that we’re waving goodbye to the traffic light system. Big raps to the Government for getting their heads around that. We’ve moved on, and so should they. It was apparent yesterday when Grant Robertson said to Mike Hosking that they’ll ‘still take Covid seriously’ that they were laying the ground work for the naysayers, the panickers, those who’d freak out, that they were ‘still taking it seriously’, even though they were heaving the system out. I don’t know if

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2:48

Kenneth Leong: Meo co-founder on initiative to ensure...

Best of Business ·

2022/09/12

The masks are gone for all but a few sectors, but where do they all go? A new free recycling initiative is being launched by our biggest mask manufacturer to try and make sure our masks don't all end up in landfill. It's being done by Meo and co-founder Kenneth Leong joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:58

Julie White: Hospitality NZ CEO says businesses will...

Best of Business ·

2022/09/12

Mixed feelings about a one off public holiday to mark Queen Elizabeth II's death. Monday, September 26 will be a public holiday, with a state memorial service held on the same day in Wellington. Hospitality New Zealand CEO Julie White told Mike Hosking businesses will carry the cost, but the Queen's reign has to be recognised. She says the Queen gave 70 years of service to the people and at the heart of hospitality is service to the people. LISTEN ABOVESee omnystudio.com/listener for privacy

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3:09

Mark O'Donnell: Rockit CEO as Air NZ comes to rescue...

Best of Business ·

2022/09/12

Due to global supply chain issues, some shipping companies are leaving New Zealand off their schedule entirely. This is of course causing massive headaches for companies who rely on export. Rockit Global are a Hawke’s Bay based apple company whose largest export market is China. They were concerned this year's apples wouldn't make it by sea and normal air freight was too pricey. So they've managed to convince Air New Zealand to stack some of their planes heading to China with the apples. CEO of

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3:25

Stuart Nash: Tourism Minister says any remaining...

Best of Business ·

2022/09/12

The Tourism Minister says any remaining restrictions won't keep people from visiting. Vaccine requirements for international travellers and the need to wear a mask in most places are gone. Despite the easing of restrictions, travellers still have to fill out a travel declaration form. Stuart Nash told Mike Hosking it's not a big deal. He says it's something which happens around the world and isn't too cumbersome. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:30

Matt Whineray: Super Fund CEO as superannuation value...

Best of Business ·

2022/09/12

New Zealand's superannuation value has tumbled by $3.3 billion. The value has dropped by nearly seven percent in the year to June, as sharemarkets around the world tumbled amid rising inflation and recession fears. It had returned about 9.7 percent per annum since it was launched in 2003. Super Fund Chief Executive Matt Whineray says told Mike Hosking it's a sharp downturn. He says the first six months of this year were the worst they'd seen since 1970. LISTEN ABOVESee omnystudio.com/listener for

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3:33

Greg Harford: Retail NZ CEO says easing of Covid-19...

Best of Business ·

2022/09/12

Praise for an easing of restrictions from our retail sector. Covid-19 restrictions have been scrapped almost completely, with only aged care facilities and hospitals still requiring masks. Retail NZ Chief Executive Greg Harford says it takes away a lot of tension and confusion around exemptions that retail workers had to deal with. He told Kate Hawkesby he doesn't expect many retailers to ask their customers to mask up. Harford says many workers were on the receiving end of verbal abuse and even

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3:15

Katrina Shanks: Financial Advice NZ CEO on pay-later...

Best of Business ·

2022/09/11

Questions have been asked as to whether we are seeing the running down of buy now pay later lenders and some are saying they have they done it to themselves. The pay later scheme operators are struggling in this country as a growing number of us using the schemes are falling behind on payments and being stung by late fees. It’s a snowball effect with more people jumping on these schemes but also the proper checks not being done as to whether the person can pay the loan back or is already drowning in

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5:17

Grant Robertson: Deputy PM promises transparency...

Best of Business ·

2022/09/11

The Deputy Prime Minister is promising transparency around Covid-19 protocol. The decision about whether to do away with our traffic light system will be announced at 4pm after a cabinet meeting. Grant Robertson told Mike Hosking we will have complete clarity around the rules by the end of the day. He says while the virus can be unpredictable, New Zealanders need to know what's expected of them. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:32

Brad Olsen: Economist on data showing 8.7 percent...

Best of Business ·

2022/09/11

Cost increases from grocery suppliers to supermarkets continue to accelerate. The Infometrics-Foodstuffs Grocery Supplier Cost Index shows an 8.7 percent rise last month. Almost three times the number of products increased in cost than for the same month in 2019. Infometrics Principal Economist Brad Olsen says farm expenses like fertiliser are rising at decade highs. He says that means people who produce New Zealand tomatoes and the like are being hit hard with their own input cost increases. Olsen

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6:18

Hannah McQueen: The situations in which you should...

Best of Business ·

2022/09/09

The stats suggest not many of us do it, but there are compelling reasons why you would – and also circumstances when you wouldn’t. Most people think only of getting a better interest rate – but there are more strategic reasons why you might consider switching (and it’s not as much of a faff as it used to be) – plus there are some significant cash incentives on offer as the banks compete for business amid slower growth in lending. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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2:27

Eve Lawrence: Haka Tourism GM says we should...

Best of Business ·

2022/09/07

A tourism boss says we should reconsider Sir John Key's 2009 idea of making trans-Tasman travel domestic. In 2009, the then Prime Minister floated the idea of passport-free travel between Australia and New Zealand. But the idea was shut down with Australia's changing of prime ministers and a tightening of their border. Haka Tourism Group general manager Eve Lawrence told Mike Hosking it will not just have a tourism benefit, but also an economic one. She says pre-Covid we were paying around $400 to

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3:28

Simon Bridges: Auckland Business Chamber CEO on...

Best of Business ·

2022/09/07

Auckland's city rail link is the project that appears to keep bleeding money with no end date in sight. The public has already been warned there has been a cost blowout of the originally budgeted $4.4b project. But now bosses have admitted they have no idea when the project will be completed. They even haven't ruled out works going beyond 2025. Chief executive of Auckland Business Chamber, Simon Bridges joined Early Edition. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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1:55

Greg Harford: Retail NZ CEO says he supports axing...

Best of Business ·

2022/09/07

The green light could be given to get rid of the traffic light framework. Our newsroom understands Cabinet will be deciding on a recommendation to scrap the framework altogether, rather than tweaking the settings or moving to green. If it goes ahead, it will come into effect as soon as next Wednesday. Retail NZ Chief Executive Greg Harford told Mike Hosking he supports axing it, including getting rid of mask mandates. He says nobody is enforcing the rule and it creates clash points with customers so

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3:28

Kirk Hope: Business NZ CEO says numbers showing...

Best of Business ·

2022/09/07

Small businesses are hoping to enact change in this year's local body elections. More than nine in 10 small to medium sized business owners are planning to vote next month, with one in three believing council support for them is worse than three years ago. Business NZ Chief Executive Kirk Hope told Kate Hawkesby he's not surprised by the numbers. He says if you think about the worsening of CBDs around the country it's no wonder businesses want to try to make a difference. LISTEN ABOVESee

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4:23

Jenee Tibshraeny: NZ Herald business editor explains...

Best of Business ·

2022/09/07

How much merit did Revenue Minister David Parker's now dead tax bill actually have? Yep - the proposal to increase GST on some investment fund fees. NZ Herald Buisness editor Jenee Tibshraeny explains and addresses these merits here today. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:32

Max Washer: White Lady Head of Operations on...

Best of Business ·

2022/09/06

The White Lady is a food truck in Auckland that has been operating for 74 years. Back in June/July they were battling with Auckland Council who told them to get their license renewed they must make changes so that there was less litter, less drunk people around the truck and that their cooking fumes didn't drift to other businesses. They believed they complied with all that and now the complaint has evolved - to the point where their license is due to expire at the end of the month and no word on

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3:14

Terry Baucher: Tax expert says tax brackets have not...

Best of Business ·

2022/09/06

The Government is rejecting calls to review tax brackets amid rising inflation. New Zealand’s marginal tax rate system means higher rates of tax are applied as someone earns more income. Stats NZ data shows median weekly earnings increased 8.8 percent in the year to the June quarter, the biggest jump since records began. Tax expert Terry Baucher says told Kate Hawkesby tax brackets have not changed in more than a decade and action is needed urgently. He says people are being squeezed as their

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