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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

2:58

Robyn Walker: Deloitte Tax Partner on businesses...

Best of Business ·

2025/08/06

A tax expert says there is a concerning trend as businesses owe more and more to Inland Revenue. Businesses owe more than $1.4 billion in unpaid GST and PAYE from the 2025 tax year. Only $66 million of that is from businesses or individuals that are bankrupt or in liquidation. Deloitte Tax Partner Robyn Walker told Mike Hosking the construction sector alone owes about $1 billion. She says it is difficult to say how it stacks up against other industries. LISTEN ABOVESee omnystudio.com/listener for

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3:39

Jeremy Hutton: Milford Asset Management expert on...

Best of Business ·

2025/08/06

Government debt levels are rising globally - with many at risk of permanent structural deficits if they can't bring down interest bills each year. Cutting spending and increasing taxes is an unpopular concept among voters, so experts are wondering what the next steps could be. Milford Asset Management's Jeremy Hutton explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:56

Tony Morris: IRD Customer Segment Manager on the IRD...

Best of Business ·

2025/08/06

New Zealand businesses owe more than $1.4 billion in unpaid GST and PAYE from the 2025 tax year, according to new reports. Of 2025's number, $432.9 million relates to employer activities and $1.047 billion to GST. IRD Customer Segment Manager Tony Morris says this data's in line with what's happening overseas - but it's an area they aim to put more focus on. "What we're seeing is a bit of an increase in the amount of companies getting in debt - and some of those are the ones that possibly would have

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2:24

Michael Gordon: Westpac senior economist on the...

Best of Business ·

2025/08/06

The sluggish job market is another bump in our road to economic recovery, according to some recent predictions. The unemployment rate's sitting at 5.2 percent - its highest point in five years. In late 2021, it was just 3.2 percent. Westpac senior economist, Michael Gordon, says it shows our economic slowdown's ongoing. He says it's not too surprising, given the Reserve Bank's moves to control inflation. "I think we're getting towards the end - we have seen economic activity picking up, but it's

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11:25

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

Best of Business ·

2025/08/06

Economic recovery is taking longer than many hoped. Unemployment's risen to a five-year high of 5.2%, up from 5.1% in the March quarter. New Zealand officially moved out of recession last year. The Herald's Liam Dann told Kerre Woodham the job market is taking longer to catch up, so many people may not be feeling better off. He says economists can tell us numbers are improving, but it takes longer for life to improve. Dann says anxiety about job security and AI is having ripple effects across the

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6:00

Paul Bloxham: HSBC chief economist ahead of...

Best of Business ·

2025/08/05

The latest unemployment statistics for New Zealand are due out tomorrow, and experts are divided ahead of the announcement. Many are projecting the market will have deteriorated further, but some are hoping things would have picked up. HSBC chief economist Paul Bloxham explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:08

Jamie Mackay: The Country host on the potential...

Best of Business ·

2025/08/05

Trump surprised New Zealand businesses with a new 15 percent tariff, and experts have crunched the numbers to find out what this could mean for our key sectors. The imposition of the new tariff on Kiwi exports is projected to cost the red meat sector an estimated $300 million and wine exporters $112 million. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:07

Jon Duffy: Consumer NZ CEO on New World's Smeg...

Best of Business ·

2025/08/05

New World customers are struggling to get their hands on Smeg kitchenware, available under a 12-week promotion. They can collect one sticker for every $20 spent. But the highest-value option, the braiser, is running out - and New World says there won't be any extra deliveries. Consumer NZ, CEO Jon Duffy, says New World has specified this is 'while stocks last'. But he says it's also required by law to have appropriate stocks. "With these promotions, this is not their first rodeo, they've done these

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10:21

Patrick Phelps: Minerals West Coast manager explains...

Best of Business ·

2025/08/05

New Zealand's biggest energy players - Genesis, Meridian, Mercury and Contact - have formed a deal to stockpile coal at Huntly Power Station, and questions have been raised. The energy companies say the shared strategic energy reserve will secure supply for the next decade. Minerals West Coast manager Patrick Phelps explained the nuances of this deal to the Afternoons team. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:34

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2025/08/04

US markets cracked sharply last Friday, and experts are aiming to discover what happened. Job market slumps, economic uncertainty and growing tariff tensions have been highlighted as key factors behind the drop. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:21

Malcolm Johns: Genesis Energy chief executive on...

Best of Business ·

2025/08/04

Genesis Energy and the three other big power generators have signed agreements to establish a strategic energy reserve centred on Genesis’ Huntly Power Station. The deals - aimed at supporting national security of power supply - have been settled by Genesis, Meridian Energy, Mercury NZ and Contact Energy. The parties intend for the agreements to take effect from January 1, 2026. Genesis Energy chief executive Malcolm Johns says there's a clear case to keep the plant going - and Genesis couldn't do

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8:46

Nicola Willis: Finance Minister on whether the...

Best of Business ·

2025/08/04

The Finance Minister reckons New Zealand will eventually be able to work out a better deal with the Trump administration following last week's shock announcement. President Donald Trump has unveiled a surprise 15 percent tariff on New Zealand - higher than that for both the UK and Australia. Finance Minister Nicola Willis says there's a possibility things could improve, given the changing trading relationship between both nations. "The question for us is - if it does change, does that mean we get

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4:35

James Schloeffel: co-author of 'Wankernomics' talks...

Best of Business ·

2025/08/04

White-collar workers will be familiar with workplace annoyances - including unnecessary meetings, corporate acronyms and an overuse of LinkedIn - and it's all been observed by a pair of Aussie comedians. The duo put modern workplace culture under the microscope in their book - 'Wankernomics'. Co-author James Schloeffel says he's spent a long time in the corporate world and he's used this book to discuss the issues he's observed over the years. "But I think, also, it's a way for other people to have

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2:33

Felicity Roxburgh: International Business Forum...

Best of Business ·

2025/08/04

The Prime Minister has claimed it's 'unlikely' that New Zealand will be able to make Trump change his mind about the tariffs - and many experts agree with that sentiment. Trump recently raised New Zealand's tariff rate to 15 percent, while keeping Australia and the UK at 10 percent. Trade Minister Todd McClay will head to Washington in the coming weeks to argue our case, but Felicity Roxburgh from the International Business Forum agrees Trump is unlikely to budge. "We do believe it's still worth

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2:19

Perspective with Heather duPlessis-Allan: Was our...

Best of Business ·

2025/08/01

So, was our government too relaxed about the tariffs then? Cause this is a shock today – isn't it? To find out that we’ve just been bumped up to 15% while Australia and dozens of other countries have stayed on 10%. Now, it seems to be related, most likely, to our balance of trade and that the US has a trade deficit with us. So we get 15%, but then a trade surplus with Australia, so they get 10%. So perhaps it was inevitable and unavoidable, as long as the balance of trade sat like that. But then,

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3:06

John Weekes: Senior Business Journalist on what...

Best of Business ·

2025/08/01

US President Donald Trump has announced an increase to the current 10% tariff on NZ goods. As of today, the President has raised these tariffs to 15%, leaving exporters concerned about their businesses. President Trump says that this increase is a 'reciprocal' tariff. Senior Business Journalist John Weekes says that this comment has left confusion, as New Zealand does not impose tariffs on US products. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:48

Sam Dickie: Fisher Funds expert on what investors can...

Best of Business ·

2025/07/31

2025 is nearly halfway over - and it's been a memorable one for the markets so far. Between new developments in AI, ongoing economic uncertainty and Donald Trump's string of tariff announcements, investors have had to contend with a lot of unique factors. Fisher Funds expert Sam Dickie explains further - and reveals what investors can expect for the months ahead. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:22

Hamish McKay: The Country spokesperson on the latest...

Best of Business ·

2025/07/31

The latest Farmer Confidence survey shows farmers are seeing one of the highest lifts in confidence in recent memory. The July survey shows the rural mood has improved significantly this year, rebounding from record lows 12 months ago. The Country's Hamish McKay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:02

Dr Will Barker: Mint Innovation CEO on the company...

Best of Business ·

2025/07/31

An Auckland company is part of a consortium which has secured nearly $18 million in UK Government funding to help Jaguar Land Rover recycle old EV batteries. Mint Innovation, along with LiBatt Recycling and Warwick University, will help develop technology to extract lithium, nickel and cobalt from used batteries. Mint Innovation CEO Dr Will Barker says the company is scaling to be one of the leaders in recovering valuable metal from e-waste. LISTEN ABOVESee omnystudio.com/listener for privacy

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4:25

Bridget Snelling: Xero Country Manager on the Small...

Best of Business ·

2025/07/30

Agriculture is leading the way as the country's top performing industry. Xero’s latest Insights report shows consistent under-performance in New Zealand’s small business sector in the past year, with sales falling by 0.1% in the June quarter. Country manager Bridget Snelling told Mike Hosking sectors that are more sensitive to consumer spending and interest rates are being hit hardest. She says construction is down 6.4%, retail is holding flat, and hospitality is down 2.1%, so it's tough

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3,273 results

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