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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

3:05

Adrienne Begbie: Prospa Managing Director on the...

Best of Business ·

2025/08/20

Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector? The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible. It's recognised unemployment is high, and businesses aren't producing as much as they could. Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:22

Gavin Grey: UK correspondent on UK inflation jumping...

Best of Business ·

2025/08/20

UK inflation figure rises in data just released, and it's prompted concerns among experts. The 3.8 percent rise in inflation over the 12 months to July this year is the largest increase in inflation since January 2024. UK correspondent Gavin Grey explains what this means for the economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:07

Remy Morgan: Milford Asset Management expert on the...

Best of Business ·

2025/08/20

The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises. Today's cut was divisive, with 2 of the 6 committee members voting for a 50 basis point cut. Remy Morgan from Milford Asset Management explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

2:13

Perspective with Heather du Plessis-Allan: Was...

Best of Business ·

2025/08/20

The longer that this economic funk that we find ourselves in goes on, the more that Jarrod Kerr of Kiwibank is being proven right, isn't he? And we had a cut today - it was 25 basis points down to 3 percent - and now there's the expectation that we will maybe get down to 2.5 percent before this thing bottoms out. 2.5 percent is where Jarrod Kerr has been saying for months that we need to get to. But even though he's been saying it since at least September last year, if not earlier, the Reserve Bank

en-US

5:36

Jolie Hodson: Spark CEO on the company reporting a...

Best of Business ·

2025/08/20

Spark has reported another big fall in profit, with reported net profit down 17.7 percent to $260 million - or a 33.6 percent fall to $227 million, adjusting for one-offs. The telco also cut approximately 1300 full-time employees by the end of June, with many roles being eliminated or going to outsourcing and offshoring firms. CEO Jolie Hodson says it's a tough economic market and the company has had to adjust to these changes. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:59

Andrew Reding: Fletcher Building CEO on the company...

Best of Business ·

2025/08/20

Fletcher Building has confirmed a new focus on building materials. The construction giant's announced a net loss of $419 million for the past year, compared to a loss of $227 million last year. It's already been looking for buyers for its construction division and some other subsidiaries. Fletcher CEO Andrew Reding says this is the toughest things have been since the GFC. "It's highly unusual when you get both your residential infrastructure and your commercial market segments all crashing down at

en-US

5:10

Christian Hawkesby: acting Reserve Bank Governor says...

Best of Business ·

2025/08/20

There's cautious optimism from the Reserve Bank Governor after cutting the OCR by 25 basis points this afternoon. Christian Hawkesby says the economy's been a bit stagnant, but there's reason to be positive. "We've lowered interest rates a long way now, we've sent out a pretty strong signal that we're willing to lower them further, as required, we've got other drivers of the economy - like high commodity prices." LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:59

Barry Soper: Newstalk ZB senior political...

Best of Business ·

2025/08/20

The Reserve Bank is signalling further OCR cuts, but making no promises. It's slashed the cash rate 25 basis points today, to 3 percent. Newstalk ZB senior political correspondent Barry Soper says this is a sign that the screws are off the economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:00

Brad Olsen: Infometrics principal economist on the...

Best of Business ·

2025/08/20

The Reserve Bank today moved to cut the OCR by 25 basis points to 3 percent, sparking debate among experts. While economists priced in a cut, some anticipated a 50 basis point cut - and the monetary policy committee was reportedly divided on the matter. Infometrics principal economist Brad Olsen joined the Afternoons team to explain whether future cuts are on the cards. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

9:43

Simon Bridges: Auckland Business Chamber CEO on the...

Best of Business ·

2025/08/20

Auckland-based café Coffee on Queen is pushing back against a ban on advertising flags, and one expert says it's a sign of a bigger problem. Café owner Matt Redwood says removing the flags from the footpath would lose $200-300 a day in lost sales - which would impact jobs. Auckland Business Chamber CEO Simon Bridges joined the Afternoons team to discuss further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:58

Enda Brady: UK correspondent on the London pub adding...

Best of Business ·

2025/08/19

A Waterloo-based pub has raised eyebrows among Londoners after it introduced an extra service charge for all purchases. Drinkers at the pub will be expected to pay an extra 4 percent on their purchases going forward. UK correspondent Enda Brady outlined the terms further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

5:46

Paul Bloxham: HSBC chief economist on whether the OCR...

Best of Business ·

2025/08/19

The Reserve Bank is widely expected to cut the OCR tomorrow, according to new reports. The OCR is currently sitting at 3.25 percent and the major banks have already been dropping their mortgage interest rates in anticipation. HSBC chief economist Paul Bloxham outlined his predictions. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:36

Jamie Mackay: The Country host on the Government's...

Best of Business ·

2025/08/19

Legislation being drafted to bring back the controversial trade of live animal exports by sea is getting stuck in the cogs of Cabinet. The Labour government banned the trade two years ago, but National and ACT campaigned on bringing it back. The Country's Jamie Mackay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:26

Stew Hamilton: Mercury Energy CEO on the company's...

Best of Business ·

2025/08/19

Mercury Energy's earnings have fallen on the back of weaker renewable electricity generation, and its bottom-line profit has taken a hit. The company's profit has plunged from $290 million to just $1 million, due to tough power generation conditions. Despite this, Mercury Energy CEO Stew Hamilton is hopeful ahead of another financial year. "We're investing heavily in new power plants - we're investing about $1 billion in new power plants at the moment. That's from the top of the north to the bottom

en-US

4:11

Gareth Morgan: former economist and investment...

Best of Business ·

2025/08/19

Former economist and investment manager Gareth Morgan was caught off-guard by an AI deepfake using his voice and likeness, and he's warned people to be careful. The investment scam made the rounds on Facebook and Instagram and encouraged Kiwis to invest in a vaguely-defined US-based scheme. Gareth Morgan says his daughter showed him the scam - and it almost had him fooled. "The only giveaway is the backdrop, I don't recognise the house behind me. But everything else - the face, the lip movements,

en-US

9:54

Julien Leys: Building Industry Federation chief...

Best of Business ·

2025/08/19

The building sector has raised some questions over the Government's recent changes. Building and Construction Minister Chris Penk has introduced shared liability for defects - and allowing councils to consolidate their Building Consent Authorities. Building Industry Federation chief executive Julien Leys joined the Afternoons team to discuss. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

4:26

Mike Fuge: Contact Energy CEO on the company's...

Best of Business ·

2025/08/18

One of the country’s major electricity companies is defending their increased profits amid rising energy prices. Contact Energy’s full year net profit is up 41%, with revenue up 20%. Their underlying profit also climbed 17%, bolstered by a strong lift in geothermal generation as well as improved sales and customer numbers. CEO Mike Fuge told Mike Hosking the profits are the result of their investment in major projects that benefit the country, such as geothermal. He says they’re actually investing

en-US

3:27

Mark Troughear: Freightways CEO on the rise in net...

Best of Business ·

2025/08/18

Financial results are coming in thick and fast. a2 Milk is reporting a 21% rise in profit alongside announcing it has bought the Yashili plant in Pokeno. It's also sold its majority stake in the Mataura Valley plant in Gore to Open Country Dairy. Contact Energy's profit is up 13% after a surge in geothermal generation. Freightways' profit is up 12.9%. Chief executive Mark Troughear is putting it partly down to strong growth in Australia. He told Mike Hosking he’s been through three recessions in

en-US

3:37

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2025/08/18

Financial results are coming in thick and fast. a2 Milk is reporting a 21 percent rise in profit - alongside announcing it bought the Yashili plant in Pokeno. It's also sold its majority stake in the Mataura Valley plant in Gore - to Open Country Dairy. Contact Energy's profit is up 13-percent, after a surge in geothermal generation, and Freightways' profit is up 12.9 percent. Harbour Asset Management's Shane Solly unpacks the mood of the markets. LISTEN ABOVESee omnystudio.com/listener for privacy

en-US

6:04

Oliver Mander: NZ Shareholders Association...

Best of Business ·

2025/08/18

Mānuka honey exporter Comvita has received a takeover offer from a subsidiary of Christchurch billionaire Mark Stewart’s Masthead Limited - Florenz. It's offering 80 cents a share, equalling $56.4 million. The offer has received unanimous support from Comvita’s board and its two largest shareholders, which own a combined 18.3 percent stake. Oliver Mander from the NZ Shareholders Association explains what this could mean going forward. LISTEN ABOVESee omnystudio.com/listener for privacy

en-US

3,595 results

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