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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

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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4:29

Brendan Larsen: Milford Asset Management expert on...

Best of Business ·

2025/07/30

After years of a historically strong labour market, there are now growing signs of softening beneath the surface. Work opportunities in the US are dwindling amid ongoing economic uncertainty, with the Trump administration's policies contributing to high unemployment figures. Milford Asset Management expert Brendan Larsen explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:52

Simon Bridges: Auckland Business Chamber CEO voices...

Best of Business ·

2025/07/30

The New Zealand Chambers of Commerce have warned that the Government’s proposed ban on retail payment surcharges risks hitting small businesses with higher costs. Simon Bridges, CEO of the Auckland Business Chamber, acknowledged that the Government was trying to protect consumers from additional fees - but voiced concerns about what this ban could do for smaller operators. He says the ban isn't a cost-free exercise - and someone will have to pay the merchant fees. "It's either going to be through

en-US

3:22

Andy Bowley: Forsyth Barr Head of Research on Air NZ...

Best of Business ·

2025/07/30

Air New Zealand's new CEO appointment isn't a shock within the sector, according to one expert. Chief Digital Officer Nikhil Ravishankar will step up to replace Greg Foran in October. Forsyth Barr Head of Research Andy Bowley says he's unsure whether this appointment suggests a lack of international interest. "There's been a reasonable understanding that he was one of the leading - if not the leading - internal candidates. So in that regard, it's not necessarily a surprise." LISTEN ABOVESee

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4:09

Nicola Willis: Finance Minister on KiwiBank being...

Best of Business ·

2025/07/30

The Finance Minister's floating the idea of listing KiwiBank on the stock exchange. Cabinet has given KiwiBank's parent company the green light to raise an extra $500 million. However, Finance Minister Nicola Willis says this won't occur without an electoral mandate. "That will be for individual parties to take a position at the election - but I've been advised that any potential public offering could take place before 2028." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:28

Matt Ball: Property Investors Federation advocacy...

Best of Business ·

2025/07/29

Jeremy Williamson, head of private wealth and markets at Craigs Investment Partners, recently claimed there was momentum building for Kiwis to move away from investing in property - but one expert has suggested differently. Matt Ball from the Property Investors Federation acknowledged people were getting more savvy about outside investments and that the property market was changing, but claimed the nation's love affair with property wasn't over. "I think the property market has changed, thanks to

en-US

4:16

Rachael Reed KC: lawyer defending claimants in the...

Best of Business ·

2025/07/29

A top lawyer working with the plaintiffs in a large-scale banking class action is calling for a formal investigation into the 'serious civil service process failures' by MBIE. Rachael Reed, KC, has outlined her objections in a letter to Public Service Commissioner Sir Brian Roche and Attorney-General Judith Collins, voicing concerns with the Reserve Bank's risk assessment. She says the $12.9 billion figure is 'fantastical' and says it doesn't have a grasp of reality. "It just doesn't make sense on

en-US

5:10

Murray Olds: Australian correspondent on Australia...

Best of Business ·

2025/07/29

Australian exporters may face tariffs of up to 20 percent as US President Donald Trump keeps flagging higher baselines. Trump revealed the range for the new minimum tariff earlier this week, and the pressure's on the Albanese-led Government to strike a better deal. Australian correspondent Murray Olds says it's unclear how the Government will proceed here. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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9:31

Jeremy Williamson: head of private wealth and markets...

Best of Business ·

2025/07/29

One investment expert says New Zealand would be a lot better off if people sold off their property investments and put money into assets that helped boost the economy. Jeremy Williamson, head of private wealth and markets at Craigs Investment Partners, recently claimed the time has come for the nation to move away from its 'love affair with property'. He joined the Afternoons team to discuss further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:08

Kerre Woodham: Yesterday was a day to forget for the...

Best of Business ·

2025/07/29

There is much that this coalition government is dealing with that is not of their own making – they are mopping up, cleaning up the mess. Then there are the own goals that should not be happening 18 months into office – and I would argue that the announcement trumpeted yesterday afternoon is an example of an own goal. The Government is planning to ban merchants from adding surcharges to in-store card payments, a change they say that will save shoppers from the unwelcome surprise they get at the

en-US

7:39

Jonathan Dale: BNZ Head of Payment Development on the...

Best of Business ·

2025/07/29

BNZ is taking advantage of the Government’s ban on in-store card surcharges to promote its new banking platform. Payap, an open banking platform, allows customers to pay directly from their bank account. It provides a lower-cost alternative with transaction fees of just 0.39% or 0.59%, and is compatible with all major NZ banks. BNZ Head of Payment Development Jonathan Dale told Kerre Woodham with yesterday’s surcharge announcement, it’s good to highlight some alternatives in the market that will

en-US

3:13

Scott Simpson: Commerce Minister on the Government...

Best of Business ·

2025/07/28

The Commerce Minister says he's disappointed in businesses who say they will pass on the cost of surcharge scrapping. Most in-store surcharges on card payments will be banned, with the changes set to kick in next May. Scott Simpson says this is a win for consumers. He told Mike Hosking they've also taken action on the fees banks charge businesses. Simpson says those rates will be lower following regulation that will kick in at the end of the year. LISTEN ABOVESee omnystudio.com/listener for

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3:27

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2025/07/28

President Donald Trump recently announced that the United States and the European Union reached a framework for a trade deal. Trump reportedly had talks with European Commission President Ursula von der Leyen in Scotland. Harbour Asset Management spokesperson Shane Solly explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:17

Brad Olsen: Infometrics principal economist on the...

Best of Business ·

2025/07/28

Recent data shows there were 27,850 fewer jobs in New Zealand in June compared to the year before, and young Kiwis are being hit hard by a tightening labour market. Over 12,000 of those lost jobs came from the construction sector, manufacturing lost 5850 jobs, professional, scientific and technical services lost 5150 jobs and admin and support services lost 4860 jobs. Infometrics principal economist Brad Olsen explains what's behind this change. LISTEN ABOVESee omnystudio.com/listener for privacy

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9:14

Nicola Willis: Finance Minister hints changes to come...

Best of Business ·

2025/07/28

The Finance Minister has hinted changes are on the way for the supermarket sector, with a further update due out by the end of August. Speculation indicates the Government will make an announcement to address the situation. Nicola Willis says Prime Minister Luxon has confirmed the Government will be making an announcement this quarter. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:42

Perspective with Heather du Plessis-Allan: Here's why...

Best of Business ·

2025/07/28

The news of the day, politically, is that surcharges are gone, as the Government's just banned them. You know what I'm talking about here, right? They're the little extra amount that you get pinged when you turn up at the dairy and you use your credit card, or you use your paywave - it's gone from May next year. The big sell behind this is basically that it's to help you with the cost of living crisis. Now, I hate to do this because I know you're thinking, "Oh, yay."And I'm totally gonna rain on

en-US

1:51

Ankit Bansal: Dairy and Business Owners Group chair...

Best of Business ·

2025/07/28

The Government's recent ban on on payment card surcharges has been met with criticism from the retail and hospitality sectors. The Government's announced it will scrap extra in-store card fees by next May. The Commerce Commission has already reduced bank interchange visa and master card fees for businesses. Dairy and Business Owners Group chair Ankit Bansal says these proposed changes are 'unfair' as the banks can still charge whatever transaction fees they like. "These will likely have to be passed

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4:34

Scott Simpson: Commerce and Consumer Affairs Minister...

Best of Business ·

2025/07/28

The Government's scrapping card surcharges at the till, which collectively cost Kiwis $150 million each year. Commerce and Consumer Affairs Minister Scott Simpson confirmed they'll ban in-store credit and debit card surcharges, like paywave fees. He says it's important for consumers to have transparency when it comes to pricing. "In a competitive world, businesses understand the price-competitive nature of the businesses that they operate and the goods and services they provide. Surcharges are

en-US

2:24

Mike's Minute: Who I'd have for the Governor of the...

Best of Business ·

2025/07/28

Can I suggest Jarrod Kerr for Governor of the Reserve Bank? Jarrod is Kiwibank's Chief Economist. He has been completely consistent in his ongoing commentary around interest rate cuts and the Reserve Bank's need to do more. To be fair, our own Greg Smith at Devon Funds Management has told us, and argued, a similar story. The Kiwibank economic report that got a decent amount of coverage over the weekend is Jarrod's - proof positives that he is right and Adrian Orr and Christian Hawkesby have been,

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32:39

Business Panel: Hutt Valley chamber CEO Patrick...

Best of Business ·

2025/07/28

It's a Hutt Valley special of the Wellington Morning's business panel this week, with a successful engineer and the man in charge of advocating for business in the area joining Nick on the show. On the agenda; the state of the Wellington economy in the outer cities, rising rates and insurance costs, public sector cuts and the rise of artificial intelligence. Hutt Valley Chamber of Commerce CEO Patrick McKibbin and Metco Engineering director Paul Jessup joined Nick Mills. LISTEN ABOVESee

en-US

3,274 results

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