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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

2:04

Chris Wilkinson: First Retail Group managing director...

Best of Business ·

2022/08/01

Michael Hill has become the first major retailer in Australasia to become an accredited seller of lab-grown diamonds.The jewellery chain has been selling synthetic diamonds since 2020.But now they can officially say they are carbon neutral and be accurately traced back to their source of manufacturing.First Retail Group managing director Chris Wilkinson joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:54

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

Best of Business ·

2022/08/01

Jacinda Ardern has spoken at the China Business Summit this morning.She said she is looking forward to the resumption of ministerial visits with China as Covid allows, and she hoped to lead a business delegation herself "to renew and refresh in-person connections”.Ardern has also called for "diplomacy, de-escalation and dialogue”, which comes after Chinese threats to US Speaker Nancy Pelosi’s visit to Taiwan.NZME Business Commentator Fran O’Sullivan joined Heather du Plessis-Allan.LISTEN ABOVESee

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8:05

David Parker: Acting Finance Minister says a small...

Best of Business ·

2022/08/01

Defence for the cost of living payment after some overseas residents and former migrants receive the first deposit.Prime Minister Jacinda Ardern says some living overseas will get the boost, but it's not worth trying to recover the payment.People can opt out, and Inland Revenue confirms nearly 1000 have so far.Acting Finance Minister David Parker told Heather du Plessis-Allan says there's no exact figure on how many people overseas will receive the payment, but it's a small percentage.“And we’ve

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4:10

Andy Cooper: Electric Kiwi chief marketing officer on...

Best of Business ·

2022/08/01

A war of words has broken out between Electric Kiwi and Consumer NZ over the running of a power comparison site.Powerswitch was set up with Government funding to help consumers find the best power deal using independent advice.However, Electric Kiwi plans have been removed after the company refused to pay commission fees.Electric Kiwi chief marketing officer Andy Cooper joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:33

Lucia Die Gil: Greaterthan partner says a four-day...

Best of Business ·

2022/07/31

A Kiwi HR company says wellbeing sessions at work or 4-day weeks are never going to be the work/life fix employees are currently demanding.Greaterthan has worked with Callaghan Innovation, Edmund Hillary Fellowship, AJ Hackett International, and other New Zealand organisations to address the changing attitudes of workers since the pandemic.Partner Lucia Die Gil says it’s the dog-eat-dog nature of getting ahead in the work place which is leading to high staff turn-over, burnout and poor

en-US

3:26

Alan Pollard: CEO of Civil Contractors NZ on survey...

Best of Business ·

2022/07/31

It is a tough time to be in the construction industry.The annual construction industry survey shows on top of battling the well-known skill and worker shortages and cost escalations, which more and more think will affect future growth, there's also a lack of project certainty and the need for government policy changes to improve productivity and actually allow the sector to deliver on infrastructure works.CEO of Civil Contractors NZ Alan Pollard joined Mike Hosking.LISTEN ABOVESee

en-US

3:32

Rebecca Ingram: Tourism Industry Aotearoa CEO says it...

Best of Business ·

2022/07/31

A spring in the step of tourism businesses today, with New Zealand's border now fully open for the first time in more than two years.All visa categories are open for travellers from anywhere -- and cruise ships can return.Tourism Industry Aotearoa chief Rebecca Ingram says they're not expecting an immediate influx of visitors.But she told Mike Hosking the buzz around the industry is positive.Ingram says they're starting to see enquiries and bookings for the summer, but it'll be two to three years

en-US

5:41

David Parker: Revenue Minister urges people to update...

Best of Business ·

2022/07/31

A sugar hit to sweeten up New Zealand's squeezed middle.The first instalment of the Government's Cost of Living payment, which was announced in May's Budget, is being dished out today.Anyone earning $70,000 or less will get $116, with two more equivalent payments in the coming months.Revenue Minister David Parker is urging people to make sure their bank details are up to date with Inland Revenue so the cash arrives when it should.He says they can backdate payments, but he's recommending updating

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4:01

Rod Oram: Business commentator on the calls for...

Best of Business ·

2022/07/29

National, the Greens, ACT and a former Reserve Bank chairman are calling for a public inquiry into the Reserve Bank's response to Covid.It comes after Graeme Wheeler says central banks made serious errors in wake of the pandemic which now need to be acknowledged and corrected.A research paper co-authored by Bryce Wilkinson for the New Zealand Initiative argues central banks were too confident about their monetary policy framework; were too confident about their models; were too confident they could

en-US

3:32

Sharon Zollner: ANZ chief economist on consumer...

Best of Business ·

2022/07/29

Consumer confidence may be low, but New Zealand households are still spending.This is according to the latest ANZ-Roy Morgan numbers, which show that while consumer confidence is still really, really low, it has gone up a little bit this month, which is good news.ANZ chief economist Sharon Zollner joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:51

David Perks: Regional Tourism New Zealand chair on...

Best of Business ·

2022/07/28

A regional visitor levy is back on the cards to cover the costs of tourism on small communities as borders fully re-open on Sunday.The proposal was a common theme in new destination management plans written by regional tourism organisations following the Covid-19 lockdowns.Many say they need more financial support to manage the effects of tourism.Regional Tourism New Zealand chair David Perks joined Kate Hawkesby.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:46

Kevin O'Sullivan: Cruise Association CEO says...

Best of Business ·

2022/07/28

The tourism sector is bracing for the long-awaited return of international cruise ships.The maritime border re-opens on Monday, with the Pacific Explorer set to be the first to arrive at Auckland's Queens Wharf from Brisbane on August 12.The official cruise season begins in October, with a full roster of arrivals locked in until mid-July next year.Cruise Association chief executive Kevin O'Sullivan says many operators involved in international tourism are gone, or have downsized.He says operators

en-US

1:56

Jennifer Taylor: Brightbuild director says there is...

Best of Business ·

2022/07/28

A building company director says nowhere near enough plasterboard is arriving in the country.Housing Minister Megan Woods says a taskforce set up to address an industry shortage has made good progressTwelve plasterboard importers, four of them new, have 100 containers of product en route to the country.Brightbuild director Jennifer Taylor says they can't access enough of it, and are turning away work.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:29

Andrew Dickens: Steven Joyce was the first bit of...

Best of Business ·

2022/07/28

How good was it to hear Stephen Joyce with Kerre Woodham yesterday morning?The former Finance Minister talked calmly and rationally about our inflation crisis and government spending.I hope Christopher Luxon was listening, because he has a lot to learn.It was great to hear Mr Joyce talking about the inflation spike and it’s causes.He correctly said it’s unique quality was that it was a supply shock and not a demand shock that created an inflationary situation that exists worldwide.Even before the

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3:23

David Vinsen: Imported Motor Vehicle Assn CEO as they...

Best of Business ·

2022/07/27

Vehicle importers are shining a light on apparent faults within the the Government's Clean Car rebate scheme.The Imported Motor Vehicle Industry Association is pulling its support on the programme.It claims the programme isn't appropriate for its supply dynamic, and the Government won't work together on a suitable scheme.Chief Executive David Vinsen told Kate Hawkesby there's an unnecessary level of complexity and confusion.He says customers are incised into a yard with the expectation they'll get a

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4:01

Max Whitehead: Employment law expert says TVNZ has...

Best of Business ·

2022/07/27

An employment law expert says the Kamahl Santamaria saga should send a clear warning about the dangers of hiring friends.TVNZ Head of News Paul Yurisich has resigned, after a review found he did no reference checks before hiring the former Breakfast presenter.The pair had previously worked together at Al Jazeera.Employment law expert Max Whitehead told Kate Hawkesby TVNZ has suffered huge reputation damage.He says this is one of the most foolish things he's seen someone do.Phil O'Sullivan will

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1:37

Mike's Minute: Govt targeting high-value investors is...

Best of Business ·

2022/07/27

Hold the front page, the Government has done something eminently sensible. The changes to the investment visas make some real sense.Buying your way into a country without a proper contribution is an invite to simply have money parked and not necessarily being used for the betterment of New Zealand. They didn’t actually need to raise the "Category A” up to $15 million. The amount is not always the key. The key is what is done with it. What is it invested in? How many jobs does it create? Does it

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2:22

Marisa Bidois: Restaurant Assn CEO on new credits...

Best of Business ·

2022/07/27

A new certification programme has been launched for businesses this morning.Developed by the Restaurant Association, it's called HospoCred and it will reward businesses who meet certain standards in a wide range of areas.Restaurant Association CEO Marisa Bidois joined Mike Hosking.LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

1:57

Rick Herd: Naylor Love CEO on MBIE's advice on Gib...

Best of Business ·

2022/07/27

An end to the Gib shortage is becoming closer by the day.Twelve importers of plasterboard now have 100 containers of product on their way to the country, including four new importers.MBIE is publishing advice on substitutions and minor variations tomorrow and will issue further technical advice and guidance next week.Naylor Love Chief Executive Rick Herd told Mike Hosking it's going to help.He says suppliers, distributors, builders, regulatory authorities and designers can have confidence about

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4:18

Gareth Kiernan: Infometrics Chief Forecaster on...

Best of Business ·

2022/07/27

Does it seem like the Reserve Bank has learned anything over the last couple of days?This is in relation to Graeme Wheeler's comment that central banks drove inflation.Since then, the Reserve Bank has released a statement acknowledging their role in creating the high inflationary environment we're in right now.Infometrics Chief Forecaster Gareth Kiernan joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

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