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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

3:03

Jarrod Kerr: Kiwibank Chief Economist on the Reserve...

Best of Business ·

2025/10/08

Today's 50 basis point OCR cut could go some way to getting our economy growing again. The Reserve Bank's slashed the cash rate to 2.5 percent. ANZ has lowered its floating and flexible rates, on top of all major banks already lowering fixed term offerings. Kiwibank chief economist, Jarrod Kerr, says he's been calling for a 2.5 percent cash rate for two years. "We knew it needed to go below neutral, which is three, and we needed to get some stimulus into the economy to really ignite the recovery."

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6:16

Barry Soper: Newstalk ZB senior political...

Best of Business ·

2025/10/08

The Reserve Bank has cut the OCR by 50 basis points to 2.5 percent, despite acknowledging inflation is still above where they'd like it. Finance Minister Nicola Willis says they've factored in broader economic conditions. She says the central bank clearly thinks any fluctuation in inflation will be constrained by spare capacity in the economy. Newstalk ZB senior political correspondent Barry Soper says this will come as good news as more people are set to roll into lower mortgage rates. LISTEN

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6:16

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

Best of Business ·

2025/10/08

Today's OCR cut probably won't be the last in the current cycle, according to new claims. The Reserve Bank's Monetary Policy Committee agreed to cut the cash rate 50 basis points to 2.5 percent. They expect the tough economic conditions to stop inflation getting too high. NZ Herald Business Editor at Large Liam Dann says there's definitely scope for at least one more cut. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:33

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

Best of Business ·

2025/10/07

Trade Minister Todd McClay has confirmed trade negotiations with India are progressing - but there's still a ways to go. New Zealand and Indian trade negotiators met in Queenstown last month for a third round of formal negotiations for a free trade agreement. The Country's Hamish McKay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:26

Mils Muliaina: former All Black talks new role on...

Best of Business ·

2025/10/07

Former All Black Mils Muliaina is set to trade rugby fields for the boardroom as he steps into his new role. He recently joined the Auckland Business Chamber board, becoming its first Pasifika director in the organisation's history. Mils Muliaina says this new role came to him as a surprise, but he's welcoming the new opportunity. "I'm supposed to provide a voice for the communities, especially for the Pacific community, in finance and insurance and I suppose economic matters. So I'm pretty

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3:32

Scott Russell: Lawyer involved in class action...

Best of Business ·

2025/10/07

ASB has agreed to pay $135.6 million to settle a class action after it was accused of breaching its disclosure obligations under the Credit Contracts and Consumer Finance Act. The case against ASB alleged failures to provide compliant written disclosure of loan variations to a significant number of customers. ANZ is still hanging on as the remaining defendant of the class action. Scott Russell, the lawyer representing bank customers in the class action, says the lawsuit against ANZ hasn't been

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4:52

Kristy McKay: Air New Zealand Head of Regulatory...

Best of Business ·

2025/10/06

The Commerce Commission has ruled out an inquiry into airport regulation, for now. Air New Zealand had written to the regulator, saying there was enough 'accumulated evidence and concern' to justify a probe. The Commission has done a 'short, targeted review'. Air New Zealand Head of Regulatory Affairs Kristy McKay revealed why she's pleased with this outcome. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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7:55

Nicola Willis: Finance Minister on Adrian Orr getting...

Best of Business ·

2025/10/06

Former Reserve Bank Governor Adrian Orr is in for a significant payday. He resigned in March, following a funding disagreement, with tensions between Treasury, the bank, and the Finance Minister. The central bank's annual report shows Orr will receive a $416,000 restraint of trade payment this month. Finance Minister Nicola Willis says she wasn't informed of this until today. "I had been assured that they had done those negotiations in accordance with the terms and conditions in his contract, which

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9:04

Dr Andrew Lensen: AI expert addresses calls that New...

Best of Business ·

2025/10/04

There's growing calls for New Zealand to regulate AI, amid concerns that the nation is falling behind on this matter. It's been revealed that Meta has been data scraping the accounts of users in New Zealand and Australia due to the lack of regulations - in order to train AI. AI expert Dr Andrew Lensen says the EU is leading the way with its AI Act - and it's something other countries should be looking into. "It has its own issues or criticisms, but it's still a really good piece to sort of start

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4:37

Sam Dickie: Fisher Funds expert on the new media...

Best of Business ·

2025/10/02

Move over Murdoch family - there's a new set of media moguls looking to make a name for themselves. Larry Ellison, founder of the software firm Oracle, and his son David are orchestrating media deals which could see them owning big names like CNN, Paramount and TikTok. Fisher Funds expert Sam Dickie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:09

Hamish McKay: The Country spokesperson on what's...

Best of Business ·

2025/10/02

Wool prices have seen a significant rise this week, and there's a few key factors behind this development. Currently, wool prices are on the longest rise since 1987 - and while these prices are mostly benefitting Australian farmers, there's hope Kiwis could benefit from this demand too. The Country's Hamish McKay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:32

Mark Stirton: Warehouse Group CEO hopeful the...

Best of Business ·

2025/10/02

The Warehouse Group's chief executive is confident he can turn the retail giant around. It's reporting an annual net loss of $2.76 million dollars - a major improvement from last year's $54.2 million dollar loss. Noel Leeming is performing the best, with revenue up 3.3 percent. Chief executive Mark Stirton says they're moving away from a digital focus to give more attention to shoppers in-store. "Our urban areas are where we've got a lot more competition - we probably haven't invested enough in the

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4:10

Eyal Aharoni: property mogul says earthquake...

Best of Business ·

2025/10/01

A property mogul developing some of Wellington’s most infamous quake-prone sites has voiced support for recent Government changes, but says these won't slow down his large-scale projects. Eyal Aharoni is currently working on reopening the long-closed Reading Cinema complex on Courtenay Place and the nearby Amora Hotel, which closed in 2019 and 2017 respectively because of earthquake damage. Earlier this week, the Government confirmed it was watering down existing earthquake strengthening rules in a

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3:50

Michael Luke: Milford Asset Management expert on the...

Best of Business ·

2025/10/01

The Government recently unveiled its highly-anticipated energy sector announcement and it's prompted good news for the energy companies. The share price for New Zealand's major gentailers raised on the NZX, with Meridian seeing a 5 percent increase. Milford Asset Management's Michael Luke explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:41

Jon Duffy and Alan McDonald: Consumer NZ CEO and EMA...

Best of Business ·

2025/10/01

The Government finally unveiled its plan to address issues impacting the energy sector, and it's prompted a mixed response. The country's largest power companies have responded positively, and their shares have jumped on the NZX as a result. Meanwhile, consumers and other businesses have voiced concerns this doesn't address the status quo. Consumer NZ CEO Jon Duffy has criticised this announcement - and claimed this doesn't move the country forward at all. "Let's remember - last year, one in five

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5:05

Paul Bloxham: HSBC chief economist on the Australian...

Best of Business ·

2025/09/30

The Australian Reserve Bank will keep the Official Cash Rate on hold at at 3.6 percent. The RBA's Governor, Michele Bullock, says Australia is in a 'difficult position', but they're committed to addressing inflation. HSBC chief economist Paul Bloxham explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:12

Murray Olds: Australian correspondent on Emirati...

Best of Business ·

2025/09/30

Prime Minister Anthony Albanese recently confirmed he invited LuLu Hypermarket to set up in Australia while on a visit to the United Arab Emirates. This comes as Australia looks to develop a new free trade agreement with the Middle Eastern nation. Australian correspondent Murray Olds says a new player in the grocery market would help break up the current duopoly. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:00

Shane Solly: Harbour Asset Management expert on...

Best of Business ·

2025/09/29

Synlait has confirmed the sale of its loss-making factory at Pōkeno to US company, Abbott. The infant-formula company is selling the site and related assets for $307 million, and will use the proceeds to pay down debt. Harbour Asset Management expert Shane Solly unpacks the data further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:57

Leonie Freeman: Property Institute CEO weighs in on...

Best of Business ·

2025/09/29

The Government recently confirmed they were going to overhaul the assessment of earthquake-prone buildings - a move welcomed by property owners and building engineers alike. The changes will leavejust 80 buildings needing full retrofits and1500 buildings will still need some remediation - many of them in Wellington. Property Institute CEO Leonie Freeman has welcomed these changes and claimed they'll help communities grow. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:51

Rudd Hughes: Workers First Union spokesperson...

Best of Business ·

2025/09/29

A New World worker's taken to social media to complain about an incoming water bottle ban. A Reddit user made a post stating their store's banning staff from having their bottles at checkout, with management telling them they can drink during breaks. Rudd Hughes from the Workers First Union says this isn't the first time they've seen this, and might stem from customer service concerns. "But actually, if you've got hydrated people who are comfortable and happy, they're going to give much better

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3,595 results

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