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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

3:12

Jon Duffy: Consumer NZ chief executive on the...

Best of Business ·

2025/07/21

Consumer NZ says complaints against Noel Leeming go beyond its price-matching policy. The tech retailer is facing criminal charges brought by the Commerce Commission - accusing it of making misleading promises. Noel Leeming's strongly rejecting the claim, and says it will vigorously defend its stance. But Consumer NZ chief executive, Jon Duffy, says the company's also charged with misleading people about their consumer rights. "If people are taking things back to the store and getting mislead about

en-US

3:42

Rudd Hughes: Deputy Secretary of Retail at Workers...

Best of Business ·

2025/07/21

A win for Kmart workers, whose union says it's secured an industry-leading deal. Worker First Union says it's ratified a two-year pay deal matching the minimum living wage - and rising alongside its increase next year. Deputy Secretary of Retail at Workers First Union, Rudd Hughes, says this deal is a 'gold standard' for retail workers - and he hopes other retailers can follow suit. "It's not that they can't afford not to do it, we've asked for the details of their finances and they've refused to

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8:58

Liam Dann: NZ Herald business editor at large on the...

Best of Business ·

2025/07/21

Inflation's cooling in many corners of the economy, but not headline inflation. Latest Stats NZ figures suggest core inflation and domestically-driven non-tradeable inflation are trending downwards. But annual inflation has risen to 2.7 percent, up from 2.5 three months ago. NZ Herald business editor at large Liam Dann says these figures will provide relief for the Reserve Bank, as they work on getting the OCR down. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:11

Sam Dickie: Fisher Funds expert on what the current...

Best of Business ·

2025/07/17

The US earnings season for the second quarter is under way - and one expert has revealed what this means for American households. Recent data shows households are staying resilient, and there's no sign of a recession as of yet. Sam Dickie from Fisher Funds explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:32

Jamie Mackay: The Country host on demand for red meat...

Best of Business ·

2025/07/17

Despite the current geopolitical environment, product prices have strongly recovered from their lows of the past couple of seasons as demand returned from key export markets. Experts claim tighter global production has contributed to improved demand for meat products. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

3:52

Robbie Paul: Icehouse Ventures CEO on the company...

Best of Business ·

2025/07/17

The hunt is on for New Zealand's next big new start-up. Icehouse Ventures recently opened a $30 million seed round in an attempt to fund 30 new Kiwi-made business ventures. CEO Robbie Paul says they're looking to invest in new technology that can go from New Zealand to the world. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:07

Carolyn Young: Retail NZ Chief Executive on the...

Best of Business ·

2025/07/17

Retail NZ is criticising the Commerce Commission's regulatory change to card payment fees. The Commission today announced new regulations on interchange fees, reducing charges to businesses for taking Visa and Mastercard payments. Retail NZ Chief Executive Carolyn Young says it's a complex issue - and these changes won't address everything. "This is one part of the merchant service fee, there's about 5 or 6 fees depending on how you structure your payment portfolio that may cut the merchant service

en-US

4:54

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2025/07/16

ANZ has declined a proposed settlement by lawyers leading a massive class action against the bank for giving customers the wrong information about their loans. The lawyers asked ANZ to agree to pay a penalty of up to $300 million, on top of the $35 million it has already paid more than 100,000 customers to compensate them for the error. ASB, which is also subject to the class action, is yet to respond to the proposal for it to also make a payment of up to $300 million. NZ Herald Wellington business

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3:28

Jeremy Hutton: Milford Asset Management expert on...

Best of Business ·

2025/07/16

Ryman Healthcare's share price has gone up for the first half of July, leading experts to speculate about the company's future. This follows a downturn from earlier in the year. Milford Asset Management's Jeremy Hutton explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:21

Enda Brady: UK correspondent on billionaires fleeing...

Best of Business ·

2025/07/15

Britain has lost more billionaires than any other nation over the past two years, and there's fears a tougher wealth tax could drive these figures up. New research has found the UK lost nearly a quarter of its billionaires between 2023 and 2024, with many of the UK's wealthiest individuals moving their tax residency to low-tax jurisdictions. UK correspondent Enda Brady says many of these rich-listers have moved to places like Switzerland, Monaco and Dubai - which have far more favourable tax

en-US

5:23

Jamie Mackay: The Country host on what record US beef...

Best of Business ·

2025/07/15

As the summer barbecue season continues in the US, Americans are paying record-setting prices for their beef. The price for New Zealand-produced beef has surged amid ongoing demand among US consumers. The Country's Jamie Mackay reveals what this news could mean for Kiwi farmers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:53

Kirk Hope: Financial Services Commission CEO on the...

Best of Business ·

2025/07/15

New research from the Financial Services Council reveals that New Zealanders are quick to insure their cars, homes, and gadgets - but they're far less likely to protect theirhealth, income, and lives. The report, titled Money & You: Valuing Belongings Over Ourselves, shows New Zealanders are twice as likely to have car insurance over life or health insurance. FSC CEO Kirk Hope says expanding access to private insurance through workplace schemes would help improve coverage across the population."

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7:34

Andy Matthews: competition lawyer on the Commerce...

Best of Business ·

2025/07/15

The Commerce Commission is taking Foodstuffs North Island and its subsidiary Gilmours Wholesale to court, citing what it labels 'cartel conduct'. The regulator has alleged that the retailers pressured a supplier into an agreement to redirect supply through them. Competition lawyer Andy Matthews says it's all allegations at this stage, but New Zealand has very 'broad' cartel laws. "What it means is - pretty much any agreement with an actual or potential competitor probably has a cartel provision. And

en-US

4:19

Dr Chris Litten: BRANZ General Manager of Research on...

Best of Business ·

2025/07/14

One of New Zealand's leading building sector bodies is launching standard house designs that will be available to all, in an attempt to bring down costs. The Building Research Association of New Zealand has developed an accessible plan for building an affordable and sustainable home. BRANZ General Manager of Research Dr Chris Litten says housing affordability is a significant issue in New Zealand - and the company's looking to develop a solution. LISTEN ABOVESee omnystudio.com/listener for privacy

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2:54

Mark Gillard: NZ Careers Expo director on job...

Best of Business ·

2025/07/14

There's immense pressure for young New Zealanders trying to find work as opportunities decline. Stats NZ data shows 16 percent of Kiwis aged 15-24 are unemployed. NZ Careers Expo director Mark Gillard says the market conditions show it's a tough market for young workers. "It's not anybody's fault, the onus is certainly there on employers, on industry organisations to engage with young people. There's been a propensity to step back and let the internet do all the talking, but we know face-to-face

en-US

5:58

Nicola Willis: Finance Minister on businesses and...

Best of Business ·

2025/07/09

The Finance Minister says businesses should be more confident about the economic recovery. The Reserve Bank's been weighing up lower-than-expected growth and higher inflation in its decision to keep the Official Cash Rate unchanged at 3.25%. Nicola Willis says businesses have been battening down the hatches. But she told Heather du Plessis-Allan they’re maybe more wary than they should be. Willis says all of the fundamentals in the economy are good. She says the Government is business-friendly and

en-US

4:47

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2025/07/09

Unions are urging Uber to consider New Zealanders needs - after drivers protested outside the Supreme Court today. It's over an Uber appeal of a 2022 ruling that deemed four drivers employees, allowed things like sick leave and holiday pay. NZ Herald Wellington business editor Jenee Tibshraeny explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:50

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

Best of Business ·

2025/07/09

The Reserve Bank left the OCR on hold at 3.25 percent - with the bank claiming it was waiting for more economic data. Economists widely suspected the RBNZ wouldn't cut rates any further, and they believe there's more cuts to come. Milford Asset Management's Remy Morgan unpacked the market reactions. LISTEN ABOVESee omnystudio.com/listener for privacy information.

en-US

6:02

Simon Court: ACT MP voices concerns about cultural...

Best of Business ·

2025/07/09

An ACT MP claims cultural requirements in resource consents are creating extra costs and slowing down solar farm projects. Undersecretary for RMA Reform, Simon Court says at one Hawke's Bay site local hapu have to be invited to perform karakia every time a native tree is removed. He says ultimately it will be consumers missing out. "What this means is that if solar farms can't get built, or if they get built but there's all this extra cost, that's going to add to your power bill." LISTEN ABOVESee

en-US

2:38

Brad Olsen: Infometrics principal economist on the...

Best of Business ·

2025/07/09

Another cut to the Official Cash Rate still looks more likely than not, according to one expert. The Reserve Bank's kept the OCR unchanged at 3.25 percent today, following six consecutive cuts. It's waiting for more economic data, before further moves. But Infometrics principal economist, Brad Olsen, says the bank's explicitly signalling the chance of more cuts. "If things continue to evolve as they broadly expect, that will give them more scope to continue to cut the Official Cash Rate - maybe one

en-US

3,595 results

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