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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

3:33

Chris Wilkinson: Retail expert on Kmart moving...

Best of Business ·

2022/07/21

Kmart is shifting south.The retail giant is moving its distribution centre from Auckland to the Ruakura Superhub in Hamilton.It will be a bigger and better facility that spans four rugby fields and is set to open late next year.Chris Wilkinson, Managing Director of consultancy company First Retail Group joined Roman Travers.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:16

Sam Dickie: Fisher Funds Senior Portfolio Manager on...

Best of Business ·

2022/07/21

Over the last week or so, both Vodafone and Spark have sold their cell towers to offshore funds.Vodafone agreed to a $1.7 billion sale of mobile phone towers to a group of investment funds.And Spark sold its majority stake $900 million to a Canadian fund.Fisher Funds Senior Portfolio Manager Sam Dickie joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:54

Jamie Mackay: The Country host on Australia's foot...

Best of Business ·

2022/07/21

Australia is dealing with an outbreak of foot and mouth disease.Fragments of the disease have been discovered at Australia's border and in pork in Melbourne.The products had been imported from China, but the disease has also been detected in the Indonesian tourist hotspot Bali.The Country host Jamie Mackay joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:32

Liam Dann: NZ Herald Business Editor at Large on the...

Best of Business ·

2022/07/21

Greedflation is becoming a big political issue in the US.It's a term used over there when companies use the cover of inflation to boost their margins.NZ Herald Business Editor at Large Liam Dann joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:47

James Fuller: Hnry CEO on report finding NZ is losing...

Best of Business ·

2022/07/21

Research from accountancy firm Hnry has found we're losing an estimated $3 billion in unproductivity each year.Outdated ways of managing tax and admin are to blame.Hnry CEO James Fuller joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:27

Andrew Dickens: Does the Govt know their new visa...

Best of Business ·

2022/07/21

I want to start off with immigration because this is the issue of the day, is it not. This is the issue of the age.We have discovered after the pandemic that we are very dependent on those people who live overseas and come to live here in New Zealand.The Government say they want to attract a higher quality immigrant. So to that measure, yesterday Stuart Nash announced that the Government is making some significant changes around migrant investor visas, creating a whole new category called Active

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4:06

Aaron Martin: Immigration lawyer says new visa...

Best of Business ·

2022/07/20

More detail is wanted regarding the Government's changes to investor migrant visas.Investors now need to invest at least $5 million over three years and directly back New Zealand businesses.Immigration lawyer Aaron Martin told Tim Dower the policy is confusing and lacks clarity.He says even the Beehive press release is short on detail.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:29

Tim Alpe: Jucy Managing Director on their opening of...

Best of Business ·

2022/07/20

Would you be up for sleeping in a pod hotel?Tourism company Jucy is expanding its Jucy Snooze operation and opening a 300-bed pod hotel in Auckland.Managing director Tim Alpe says it will be the largest backpacker accommodation in New Zealand and he joined Roman Travers.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:55

Phil O'Reilly: Former Immigration NZ boss on changes...

Best of Business ·

2022/07/20

The Government is making some significant changes around migrant investor visasThey are creating a whole new category called Active Investor Plus, which will replace the current investor 1 and 2 categories.Stuart Nash says the current system resulted in passive investment in shares and bonds, rather than directly into Kiwi companies.Former Business NZ boss and director at Iron Duke Partners Phil O'Reilly joined Roman Travers.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:11

Peter Richardson: Aotearoa Water Action on court win...

Best of Business ·

2022/07/20

A win for anti-water bottling campaigners after a long-running battle to overturn consents letting two companies extract billions of litres of water from Christchurch aquifers.The Court of Appeal has quashed an Environment Canterbury decision to let Cloud Ocean Water Ltd and Rapaki Natural Resources Ltd extract water for bottling.Aotearoa Water Action's Peter Richardson told Heather du Plessis-Allan companies worldwide are scrambling to reliably source water.LISTEN ABOVESee omnystudio.com/listener

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2:36

Joshua Parsons: Security boss on builders sleeping on...

Best of Business ·

2022/07/20

Builders have resorted to sleeping on construction sites to prevent raids by brazen thieves.Building materials costs are skyrocketing - and timber, Gib, reinforcing steel and heat pumps are among the most popular targets.Crosbie Security Services Managing Director, Joshua Parsons, told Heather du Plessis-Allan more than 70 offences were reported to police last month, forcing some builders to change their habits.He says some are taking heavy-duty generators home with them when they finish work, due

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2:20

Simone Jones: Hair and Barber NZ deputy co-chair...

Best of Business ·

2022/07/20

Hairdressers are calling for a return of the Covid wage subsidy.Client numbers are down by 30 to 40 percent, while Covid and the flu hit staff and clients.It comes as Australia reinstates its $750 pandemic leave payments for workers without access to sick leave.Hair and Barber New Zealand deputy co-chair Simone Jones joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:25

Barry Williamson: Recruitment specialist says...

Best of Business ·

2022/07/19

Resignations forcing counter offers are becoming more prevalent and inflating wages.Marsden Inch recruitment specialist Barry Williamson says people are being offered silly money to stay and labels it 'horse trading'.Barry Williamson joined Roman Travers.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:28

Stuart Nash: Minister expects new visa laws to bring...

Best of Business ·

2022/07/19

You have to invest in a way that adds value to New Zealand.That's the Government's message to cashed-up foreigners seeking residence, as it replaces the Investor 1 and 2 categories with a new Active Investor Plus visa.Eligibility includes having a $5 million dollars, with limits on some investment types.Economic and Regional Development Minister, Stuart Nash, says they want every dollar invested, making a difference.He says in the past 50 percent of money invested was in private or Government bonds,

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4:06

Nicola Willis: National Finance Spokesperson names...

Best of Business ·

2022/07/18

There is disagreement over how much the Government can do to address rising inflation.Consumer prices have increased 7.3 percent in the year to June, the highest inflation rate in a generation.National Finance Spokesperson Nicola Willis told Roman Travers there are five things the Government could be doing, to stop prices from spiralling out of control.“Reduce government spending, fix the immigration pathway, stop adding costs to business, get the Reserve Bank focused on it’s job, provide permanent

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6:21

Mike Bennetts: Z Energy CEO says fuel sector is...

Best of Business ·

2022/07/17

The fuel sector says it's supportive of the Government's latest transport cost relief.Reductions to fuel excise tax, public transport fares and road user charges will be sticking around until the end of January next year.Z Energy Chief Executive Mike Bennetts says a lot of the high cost of fuel is because of tax.He told Roman Travers their profit margins aren't that flash.He says they only make a few cents off every litre of petrol.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:02

Finn Robinson: ANZ economist says the inflation rate...

Best of Business ·

2022/07/17

Prices are set to keep rising sharply for a while yet.Figures out this morning are expected to show the inflation rate has reached about 7.1 percent in the year to June, the highest inflation rate in a generation.ANZ economist Finn Robinson says the inflation rate isn't likely to get any higher.But he told Roman Travers economists expect inflation to remain relatively high for at least another year.He says there's a really inflationary environment at the moment, so we aren't likely to see a return

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2:52

George Carter: Managing Director of Nikko Asset...

Best of Business ·

2022/06/26

An argument is being made for us look at the correlation of home loan rates and the Official Cash Rate, after looking at the average floating rate above the OCR.The floating rate used to sit about 2 percent above the OCR, but over the last 15 years that has steadily increased to now sit around 4 percent.And on a $1.1 million home that can be the difference between paying $1.1 million in interest payments over 30 years compared to $450,000 over 20 years.The one pointing all this out is Managing

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5:57

Hannah McQueen: OCR and what can you focus on in the...

Best of Business ·

2022/05/27

Hannah McQueen is talking about the latest OCR increase - the fact that rates are rising faster, and likely higher than previously predicted will be scary for some. The whole economic picture can seem overwhelmingly negative at the moment – so what do you focus on in the midst of the doom and gloom? LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:45

Jack Tame: Is a fairer tax system on the way?

Best of Business ·

2022/04/29

You know it must be a slow news week when tax spends so much time in the headlines. But no matter which major party finds itself in government after next year’s election, it looks increasingly likely we’ll see changes to our tax system.Even though it’s not really true, New Zealand likes to think of itself as a relatively egalitarian society. We don’t have a formalised aristocracy or thousands of years of baked in class divisions. Most New Zealanders are taxed on the expectation that the money they

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