x

75% of people globally want unbiased news (Pew Research) but are concerned they're not getting that.

Get balanced coverage with Symby. See how stories are covered across diverse outlets and spot when one side covers a story the other skips.

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

4:13

Nick Leggett: Transport NZ CEO says diesel has become...

Best of Business ·

2022/08/29

Transport NZ says soaring diesel prices are putting transport operators out of business. Average diesel prices have hit over $2.50, compared with the average price of 91 at $2.60 without taking into account road user charges. Transport NZ chief executive Nick Leggett told Mike Hosking diesel has become a significant business cost for some. “We have seen the price of diesel as a proportion of total business costs from about 25 percent a year ago, to over two thirds now for some operators.” LISTEN

en-US

7:13

David Parker: Revenue Minister accepts criticism of...

Best of Business ·

2022/08/29

The Revenue Minister is accepting criticism of the cost of living payment. The Auditor-General says it should have been rolled out more carefully. New screening measures are being launched ahead of the second $116 payment on Thursday. Minister David Parker says 31,000 people won't get the second payment until they confirm they're in New Zealand. He told Mike Hosking the Auditor-General's criticism of some screening measures not being in place for the first payment is fair. “In defence of Inland

en-US

1:46

Mike's Minute: Economics of idiots causing labour...

Best of Business ·

2022/08/29

The statistic that should send a chill through every one of us was the one you might have seen over the weekend from a construction company. They hired 52 people, but lost 54 to poaching. It's that fundamentally destructive aspect of the economy that has seen us almost certainly in a recession in the first half of this year, and quite possibly another one in the latter part of this year and into next. The economy is broken, it can't function without enough people and we don’t have enough people. You

en-US

4:54

Jarrod Kerr: Kiwibank chief economist on forecasts...

Best of Business ·

2022/08/29

Fixed term mortgage rates may already have peaked according to Kiwibank's latest forecasts. It also says the Reserve Bank may start lowering interest rates in the second half of next year. Kiwibank chief economist Jarrod Kerr joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:54

Fran O'Sullivan: NZME Business Commentator on why she...

Best of Business ·

2022/08/29

Philanthropist Sir Ray Avery is packing his bags for Australia. He says he's sick of the tall poppy syndrome here, whereas Australians hold their high achievers in high regard. He also claims the Government refused to listen to his ideas on how to make New Zealand a better place. NZME Business Commentator Fran O'Sullivan joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

7:16

Grant Robertson: Finance Minister says there have...

Best of Business ·

2022/08/29

New screening measures have been launched ahead of the second cost of living payment. The next $116 payment is due out on Thursday. The Auditor-General says the payment should have been rolled out more carefully to stop ineligible people living overseas getting it again. 31,000 people won't get the second payment until they confirm they're in New Zealand. Finance Minister Grant Robertson told Heather du Plessis-Allan since the first payments there have been conversations with Inland Revenue around

en-US

5:49

Nick Leggett: Transporting NZ CEO quietly confident...

Best of Business ·

2022/08/29

Transporting NZ is quietly confident the Government will extend fuel tax relief past January. A litre of diesel is just nine cents a litre cheaper than regular petrol at the moment. New Zealanders have been saving around $276 a week on a 40-litre tank since the tax pause was introduced in April. CEO Nick Leggett told Heather du Plessis-Allan fuel needs to be kept low at the moment. “For us to transition our economy to being more efficient and reducing our fossil fuel use is by investing in

en-US

4:08

Andrew Dickens: We are talking ourselves into hard times

Best of Business ·

2022/08/29

So last week, my opening comments centred on how opposition MPs and anti-government commentators have been fear mongering about the state of the economy. When it was published online it became one of our most commented on pieces of the day with over 500 people expressing what they thought. Many called me a Labour party apologist. A lot asked why I was praising Labour's management of the economy. Problem is; I wasn't. Nowhere did I say Labour was doing a good job. In fact I'm on record as saying the

en-US

3:17

Diane Williamson: Bluff fish and chip shop owner...

Best of Business ·

2022/08/28

New Zealanders may have to cut back on the Friday night fish and chips. The country's favourite takeaway has been unable to escape the grip of inflation, as businesses face rising costs. Bluff fish and chip shop Galley Takeaways has been hit and the business has been forced to put prices up. Owner Diane Williamson says a Blue cod fillet is going for $12.50 this week, plus the scoop on top. She told Mike Hosking everything is causing costs to blow out. Williamson says unfortunately fish in the

en-US

3:49

Kerri Nuku: Nurses Organisation to rally nationwide...

Best of Business ·

2022/08/28

There is a push to end an unfair pay gap within the nursing industry. Rallies will be held nationwide today; as primary healthcare nurses demand Te Whatu Ora pay them the same as their hospital counterparts. Currently primary health care nurses are paid up to 15 percent less, but in some cases the gap is wider. Nurses Organisation Co-President Kerri Nuku told Mike Hosking the unfair way this is happening is beyond them. She says primary healthcare nurses are out in the community, and is questioning

en-US

2:48

Kate Hawkesby: Dire straits for Queenstown hospo is...

Best of Business ·

2022/08/28

“All I do is cry” was the quote that broke my heart over the weekend. The ODT had a story about the state of Queenstown at the moment, and it talked to café and restaurant owners who’re still in dire straits over lack of staff. They claim there’s no light at the end of the tunnel, and that this is worse than Covid was. Hospitality NZ’s regional manager was quoted as saying that it’s such a pressure cooker situation that, ''It's becoming a luxury for our operators to open at the moment.'' Imagine

en-US

2:52

Satish Ranchhod: Westpac Senior Economist thinks...

Best of Business ·

2022/08/25

Doom and gloom is on the economic horizon. Higher interest rates, lower spending and low population growth are all pointing towards a higher chance of recession for the first two quarters of the year. Westpac Senior Economist Satish Ranchhod says while he thinks there won't be a recession, our growth will be soft. He told Kate Hawkesby he's expecting a pretty weak end to the year in retail spending. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:13

Sunny Kausha: Dairy and Business Owners Group Chair...

Best of Business ·

2022/08/25

Dairy owners fear someone will die as ram raids surge. There's been a 400 percent increase in the crime in the last five years, with the Police Minister revealing it's happened 129 times since May. Chris Hipkins has also confirmed almost all of these people are under 18 years old, with the median age being 15. Dairy and Business Owners Group Chair Sunny Kaushal told Kate Hawkesby we need a solution now. He says if we don't get on top of this soon, we will create a generation where crime is

en-US

3:19

Mark Smith: ASB Senior Economist says signs are...

Best of Business ·

2022/08/25

Economic signs are pointing towards a greater chance of a recession. Stats NZ data shows sales slumped 2.3 percent over the last quarter, for a second consecutive quarterly drop. ASB Senior Economist Mark Smith says declining sales combined with interest rate increases and low population growth are all contributing. He told Mike Hosking labour market conditions aren't helping lower the risk. Smith says staff shortages are preventing the economy from growing. LISTEN ABOVE See omnystudio.com/listener

en-US

4:57

Greg Foran: Air NZ CEO says they are hoping for a...

Best of Business ·

2022/08/25

Air New Zealand is hoping for a better year ahead. The airline made a net loss of $591 million in the year to June, up from a loss of $292 million in the previous financial year. But revenue has increased by nine percent, to $2.7 billion. Chief Executive Greg Foran told Mike Hosking they're off to a good start, with much depending on what happens with the cost of fuel. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

1:59

Graham Burke: Construction Industry Council concerned...

Best of Business ·

2022/08/25

Concerns about a lack of certainty over the delivery of infrastructure projects. Waka Kotahi is warning the Government's $8.7 billion NZ Upgrade transport package is flashing red, with monthly reports showing more delays and increasing costs. Construction Industry Council Executive Director Graham Burke says it's likely due to the cost pressures we're all facing. But he told Mike Hosking processes need to be more efficient. Burke says we need to look after the environment while also managing the

en-US

4:24

Kirdan Lees: Sense Partners economist on data showing...

Best of Business ·

2022/08/25

Do we want a big country or not? That's the question the Reserve Bank is posing. It comes as data shows there are now two job vacancies per unemployed person and the Government being set to respond to the Productivity Commission's report on immigration. Sense Partners economist Kirdan Lees believes if the Government essentially stepped aside, then firms and households could increase our population by 3 or 4 million. Kirdan Lees joined Heather du Plessis-Allan LISTEN ABOVESee omnystudio.com/listener

en-US

3:00

David Clark: Commerce and Consumer Affairs Minister...

Best of Business ·

2022/08/25

The latest government move to try and bring down prices at the supermarket checkout has been announced. It will force Countdown and Foodstuffs to sell groceries to rival retailers at regulated prices - if they fail to supply them on the wholesale market "adequately." This rule change wasn't recommended by the commerce commission and questions have been asked as to whether it will actually make a difference. Commerce and Consumer Affairs Minister David Clark joined Heather du Plessis-Allan. LISTEN

en-US

3:29

Greg Harford: Retail NZ CEO says the best way to...

Best of Business ·

2022/08/24

More calls have come for reduced taxes to help ease supermarket prices. The Government will force Foodstuffs and Countdown to sell groceries to competitors at regulated prices, if they don't supply them on the wholesale market fairly. Retail NZ Chief Executive Greg Harford says the real problem is how expensive it is for new businesses to enter the market. He told Kate Hawkesby the best way to reduce supermarket prices, would be to drop GST. Harford says consumers spend an average of four-thousand

en-US

1:56

Mike's Minute: Government's moves won't mean cheaper...

Best of Business ·

2022/08/24

Communism has finally arrived and it's lobbed into Countdown. Or New World or Pak'nSave. Anyway, your can of beans will now be priced by David Clark. I am assuming suppliers will be happy. Under the Government's threat yesterday, and that’s all you can call it, supermarkets have to cut a deal with anyone and everyone at commercial rates. What's a commercial rate? Well, once upon a time in a free and open country that was an arrangement between a person selling something to a person buying

en-US

3,595 results

Similar Podcasts

Bloomberg Talks

Bloomberg

Minute Briefing

The Wall Street Journal

Fintech Insider Podcast by 11:FS

11:FS

Midday News

Multimedia Ghana

Best of Business

Newstalk ZB