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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

3:37

Jon Ives: CEO at OneStaff on Govts cost cutting on...

Best of Business ·

2022/08/24

New fears that the Government's cost cutting on recruiting staff for public sector could lead to an already hopeless and unstaffed workforce. The Government is requiring a further 3,423 staff to fulfil their budget commitments, but now want to charge recruiters the same price for filling a low-skilled position as a high-skilled position. Jon Ives is the CEO at OneStaff and Chairperson of the RCSA NZ Council and joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:02

Sarah Balle: Supie founder says there is yet to be...

Best of Business ·

2022/08/24

Stacks of cash will be required to create competition against the supermarket duopoly. The Government is requiring Countdown and Foodstuffs to provide competitors with fair access to their products on wholesale terms. Supie online supermarket founder, Sarah Balle, says meaningful competition will only happen when other supermarket players get bigger. She told Mike Hosking for this to occur, consumers need to change where they shop, and competitors need huge capital. Balle says there's yet to be

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2:31

Heather du Plessis-Allan: Immigration is a chicken...

Best of Business ·

2022/08/24

I like the idea of letting another 4 million people into New Zealand in the next ten years, that doesn’t scare me. I know that’s going to scare a lot of people, so let’s talk about it. This is the suggestion from an economist called Dr Kirdan Lees who works for Sense Partners. Kirdan reckons that if New Zealand removed restrictions on immigration and aimed to rebuild the country like Australia and Canada are doing, we could add another 4 million people by 2032. This would mean we’d be pushing 10

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9:55

Paul Conway: RBNZ chief economist on New Zealand's...

Best of Business ·

2022/08/23

The Government is preparing to respond to a Productivity Commission inquiry encouraging more rapid but more carefully planned immigration. The Reserve Bank reveals there are now two job vacancies for every unemployed person. Immigration would help address both unemployment and inflation. New Reserve Bank chief economist Paul Conway also says it's more a social question than an economic one, and asks whether New Zealand wants to become a large country or not. Paul Conway joined Kerre Woodham. LISTEN

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4:22

Tony Alexander: Economist's mortgage adviser survey...

Best of Business ·

2022/08/23

Further insights into the property market from economist Tony Alexander. His mortgage adviser survey showed first home buyers are coming back into the market. In fact, a net 8 percent of advisers surveyed are seeing an uptick in interest from first home buyers. In another report with Crockers on investors found those looking to increase rents is still dropping, interests in new builds continue to fall away, and concerns over interest rates are abating. Tony Alexander joined Mike Hosking. LISTEN

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2:27

Grant Leach: 26 Seasons CEO on their $5.5m capital...

Best of Business ·

2022/08/23

Farming technology company 26 Seasons will seek $5.5 million in a Series A funding round next week aimed at advancing its plans for its vertical farming operation at Foxton and to explore opportunities in Southeast Asia. The company, co-founded by current Delegat Group chief executive and former Landcorp chief executive Steve Carden, aims to grow and sell premium strawberries on a commercial scale in the off-season. It has just released its first crop of locally grown and spray-free strawberries in

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2:42

Nick Goodall: CoreLogic Head of Research on analysis...

Best of Business ·

2022/08/23

Adjusting residential homes to climate change will probably take some time to implement. CoreLogic analysis has revealed that river flooding in homes is already costing around $100 million a year. Otago, Auckland, Wellington, Hawke's Bay, Manawatu-Wanganui and Marlborough have been identified as the regions most at risk. Head of Research Nick Goodall told Mike Hosking the National Adaptation Plan will feed into how we respond. He says people need to start taking responsibility instead of relying on

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3:53

Patrick Smellie: Heartland Group reveals record...

Best of Business ·

2022/08/23

Heartland Group Holdings plans to raise $200 million in new capital off the back of a record financial result. The listed financial firm which owns Heartland Bank and a reverse mortgage business spanning both New Zealand and Australia posted a net profit of $95.1m for the year to June 30, 2021. That was up $8.1m on the prior financial year. On an underlying basis its net profit was $96.1m - up $8.2m on the prior year. Heartland also revealed an equity raise made up of a $130m underwritten placement

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2:05

Jarrod Harr: Professor of Human Resource Management...

Best of Business ·

2022/08/23

As workers return to offices after two years of lockdowns and restrictions, the trend of "quiet quitting" is sweeping through workplaces around the world. But what is it and why are workers doing it? Having gained significant traction on short-form video-sharing app TikTok, the idea of "quiet quitting" sees workers dialling back their efforts - typically extra or unpaid work - in a bid to get a better work-life balance. Jarrod Harr, AUT professor of Human Resource Management, joined Heather du

en-US

5:33

Neil Holdom: New Plymouth mayor says his region isn't...

Best of Business ·

2022/08/23

New Plymouth's mayor believes his region isn't getting a fair deal on infrastructure spending. More than half a billion dollars in fuel tax raised in the region has been spent in other parts of the country. Neil Holdom told Heather du Plessis-Allan Taranaki's roads really need investment. “They’re falling to pieces, every day we are hearing from people who are having flat tires and damage to their suspension.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:53

John MacDonald: Govt ideology putting money in the bank

Best of Business ·

2022/08/23

Was I the only person in the country taken by complete surprise yesterday when Finance Minister Grant Robertson announced that the Government is going to spend $2.1 billion to buy Kiwibank? $2.1 billion. And even then people in the banking and finance sector are saying that it won’t mean much because, for Kiwibank to live up to its true potential, it needs a whole lot of investment if it’s going to become a genuine competitor with the big Australian banks. Which is something the Government says it

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4:44

Sam Stubbs: Simplicity CEO on Govt's $2.1 billion...

Best of Business ·

2022/08/22

The head of one of our biggest KiwiSaver providers fears Kiwibank will effectively become a zombie bank. The Government has spent $2.1 billion to buy the bank's parent company from independent crown entities ACC, NZ Post and NZ Superfund, meaning it now fully owns it. Simplicity CEO Sam Stubbs joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:36

David Tripe: Banking expert says the Government's...

Best of Business ·

2022/08/22

Keeping Kiwibank New Zealand publicly owned has been dubbed a political move. The Government has announced its intent to purchase 100 percent of Kiwibank for $2.1 billion. Massey University banking expert David Tripe told Kate Hawkesby the purchase is a risk. He says many of the state owned banks around the world have been financial failures. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:27

Steve Cranston: Groundswell spokesperson on claims...

Best of Business ·

2022/08/22

Groundswell is sticking to its claim that the Government's ready to pull the pin on He Eke Waka Noa. However, Climate Change Minister James Shaw has assured them there are no plans to do just that. Groundswell climate change spokesperson Steve Cranston joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:42

Fran O'Sullivan: NZME Business Commentator on the...

Best of Business ·

2022/08/22

The Government have bought Kiwibank from $2.1 million. It will acquire 100 percent of Kiwi Group Holdings - the parent company of Kiwibank and NZ Home Loans - provided the proposed transaction gets Reserve Bank approval. KGH is 53 per cent owned by NZ Post, 25 percent by the Super Fund, and 22 per cent by the ACC. NZME Business Commentator Fran O'Sullivan joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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9:18

Grant Robertson: Deputy Prime Minister on Kiwibank,...

Best of Business ·

2022/08/22

The Government has announced the purchase of Kiwibank. It was owned by ACC, the Super Fund and NZ Post, before being purchased for $2.1 billion. Meanwhile, the bigger talking point for the Government was Gaurav Sharma. Jacinda Ardern says the Government won’t be investigating the issue as she says no basis to his claims. And the Government will also allow some sectors to pay 12,000 migrant workers less than the median wage to address workplace shortages. It will also temporarily increase access to

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3:34

Bridget Snelling: Xero NZ Country Manager on figures...

Best of Business ·

2022/08/21

New figures from Xero show New Zealanders are working more than our international counterparts, with much less to show for it. In order to match the output of Ireland, the most productive country in the OECD, Kiwis would need to work an extra 10 hours a day. Xero New Zealand Country Manager Bridget Snelling joined Mike Hosking. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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3:26

Dean Hall: CEO of RocketWerkz says our video gaming...

Best of Business ·

2022/08/21

The head of one of New Zealand’s top game studios says our gaming industry is in crisis. Dean Hall, CEO of RocketWerkz, says he would like to hire more staff in New Zealand but is now looking to set up in Australia because of our government's failure to match tax breaks. Dean Hall joins me now. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:28

Michael Wood: Immigration Minister defends time taken...

Best of Business ·

2022/08/21

The Government's defending the time it's taken to lure more workers here. It will allow some sectors to pay skilled migrant workers less than the median wage, in a bid to address workplace shortages across the country. It will also temporarily increase access to the Working Holiday Scheme to address the shortage of casual workers more generally. Immigration Minister Michael Wood told Mike Hosking they moved as quickly as they could, once the borders opened. He says the sector agreements have been

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7:56

Rick Shera: Should Google be responsible for links to...

Best of Business ·

2022/08/20

A big win for google this week. The Australian High Court has ruled the search engine is not a publisher and therefore not legally responsible for defamatory news articles. The high court overturned an initial defamation finding by the Victorian Supreme Court, in relation to a 2004 article on The Age website. To discuss the implications of this, lawyer Rick Shera who has an expertise in technology law joined the Sunday Session with Francesca Rudkin. LISTEN ABOVESee omnystudio.com/listener for

en-US

3,595 results

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