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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

48:58

Special Series: Common Grounds with Sills + Co

Best of Business ·

2026/09/04

In thisspecialseriesofTheSMEStreamPodcast,Wilhelmina O’Keeffestepsinside some of Aotearoa’s most loved small and medium businesses - exploring their culture, their stories, and how coffee helps bring people and ideas together. In this episode, Wilhelmina catches up with Toni and Christina Sills to chat about the growth, change and culture of their recognisable brand and what it's like to work with family. Served by Nespresso ProfessionalSee omnystudio.com/listener for privacy

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4:16

Kelvin Davidson: Cotality Chief Property Economist on...

Best of Business ·

2026/09/03

New data shows there's a subset of Kiwis who are being hit harder than most by rising interest rates. At least 3600 first home buyers owe more than what their home is worth, but Cotality suspects the number could be higher. Cotality Chief Property Economist Kelvin Davidson says true number in negative equity is likely to be higher because many bought with a deposit smaller than 20 percent. "If you live somewhere like Auckland or Wellington, where values are down 25, then you'll sort of be 5 percent

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3:35

Steve Jurkovich: Kiwibank CEO on the bank urging...

Best of Business ·

2026/09/03

Kiwibank is looking to take on its Australian rivals - and they're looking to reveal how many of their savers are missing out on interest on their 'bonus saver' accounts. Bonus saver accounts are those where the highest rate of interest is only available if a saver complies with certain requirements like making a deposit each month and not making any withdrawals. Kiwibank CEO Steve Jurkovich says many savers don't understand how these arrangements work, and the 'complexity' of banking has made it

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2:30

Mike's Minute: Look further than the headline

Best of Business ·

2026/09/02

Here's the headline: "3000 hospitality businesses close in a year". That’s what the media not only does, but loves. They would perceive it as bad news and they can't pedal bad news enough. But in the numbers are the real story. The 3000 is made up of closures and liquidations. A closure can mean nothing more than a person leaving the country or closing one establishment to open another. That happens all the time. It's not a sign of anything other than mood or inspiration. It's important to also

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4:15

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2026/09/02

An industry group for chartered accountants is putting a novel idea on the table to lower the cost of New Zealand Superannuation to the Crown, while keeping it universal. Chartered Accountants Australia New Zealand is advocating for the next Government to allow people to delay the age at which they start receiving Super. According to NZIER modelling, this approach could reduce the annual cost of Super to the Crown by billions of dollars every year, depending on how the system was designed. NZ Herald

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3:20

Remy Wisenberg: Milford Asset Management expert on...

Best of Business ·

2026/09/02

The Reserve Bank has raised the OCR by 25 basis points to 2.75 percent, in line with economists' expectations. Markets expected the cash rate would go up, but many had priced in a bigger increase - and there's still an expectation that the OCR could go up further down the track. Milford Asset Management's Remy Wisenberg explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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4:47

Bruce Aitken: former CEO of Methanex on the company...

Best of Business ·

2026/09/02

Methanex is shutting down its Taranaki plant after 40 years of operation, and there's growing discussion about what this means for the energy sector and wider economy. The methanol producer is selling most of its natural gas entitlements from the first quarter, and it says continued decline in domestic natural gas, and no clear pathway to meaningful new supply means it isn't sustainable to continue operations in New Zealand. Former CEO of Methanex Bruce Aitken says Labour's decision to ban oil and

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3:58

Anna Breman: Reserve Bank Governor on whether we can...

Best of Business ·

2026/09/02

More Official Cash Rate hikes are possible, but far from guaranteed. The Reserve Bank has raised the cash rate 25-basis-points this afternoon to 2.75 percent. Governor Anna Breman says they are moving it towards a neutral level, to around 3 percent. But she says nothing is set in stone. "Today's decision will allow us to assess the impact of these two OCR increases - and then we will see whether we need to do further increases." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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6:03

Barry Soper: Newstalk ZB senior political...

Best of Business ·

2026/09/02

The Reserve Bank has raised the Official Cash Rate 25 basis points, from 2.5 percent to 2.75. The Monetary Policy Committee agreed unanimously to the rise, broadly expected by economists and the market. Newstalk ZB senior political correspondent Barry Soper says this could have an immediate impact on retailers, as people will now have less money to spend in stores. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:56

Rudd Hughes: Workers First deputy secretary on...

Best of Business ·

2026/09/01

About 130 jobs could be on the chopping block at Woolworths. Workers First Union says Woolworths is proposing to cut about 130 customer care roles in New Zealand - with affected staff called to a meeting. Woolworths says it's exploring integrating customer care operations with Sydney's established support capability. Union deputy secretary Rudd Hughes says this move won't help their customer service, as people will benefit from having workers who have insights into New Zealand operations. LISTEN

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3:25

Kristina Harazim: Australian correspondent on the...

Best of Business ·

2026/09/01

More Australian retailers are rolling out facial recognition technology, and it's prompted concerns from experts. Industry groups say the move is about safety, but experts warn of an incoming 'scope creep' that comes with this technology. Australian correspondent Kristina Harazim says consumers privacy advocates are drawing comparisons between Australia and China and North Korea over this technology, as Coles and Woolworths look to incorporate more of it into their stores. LISTEN ABOVESee

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3:42

Shane Solly: Harbour Asset Management expert on what...

Best of Business ·

2026/08/31

New Zealand business confidence fell 2 points in August to 54 from 56 last month - and it's sparked discussion about what this could mean for the OCR. There's speculation the cash rate could be set for an increase this Wednesday. Harbour Asset Management's Shane Solly outlined his prediction further ahead of the next update. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:29

Jonathan Waecker: Michael Hill CEO on the company's...

Best of Business ·

2026/08/31

Jewellery chain Michael Hill is reporting a 376 percent increase in annual statutory net profit from its global business. New Zealand retail revenue is up 3.1 percent. CEO Jonathan Waecker says it's a great result that profit has gone up in all three markets, including New Zealand. "Our offer in New Zealand is resonating really, really strongly, and in Australia, we are seeing some softness with certain consumers - so we're just needing to go to market a little bit differently." LISTEN ABOVESee

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8:17

Nicola Willis: Finance Minister on the Government...

Best of Business ·

2026/08/31

The Finance Minister says the Government has made the right move in delaying increase to the fuel tax at this stage. The excise was due to rise 12-cents a litre next January, but has been delayed to the following year - and will only be five cents. Nicola Willis says the Government is still on the path to returning to surplus, and they've determined they can fit this in as part of it. "Ultimately, we've judged that we can fit it and also meet all of our budget responsibility rules in terms of

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3:29

Oliver Mander: NZ Shareholders Association...

Best of Business ·

2026/08/31

Residential and retirement property developer Winton Land has been suspended from the NZX after a board exodus. Three directors have resigned after founder Chris Meehan quit as CEO in July - among them, former Finance Minister Steven Joyce. Shareholders Association head, Oliver Mander, says losing independent directors meant the business no longer met requirements for being listed on the exchange. "It's definitely not a technicality, it's a pretty core principle for a publicly listed company that

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2:42

James Smith: Road Carriers Association Advocacy Head...

Best of Business ·

2026/08/31

The Road Carriers Association says the Government delaying a fuel excise hike reflects election year political realities. The Government's today cancelled the 12 cents a litre increase scheduled for next January - and will have to top up the Land Transport Fund, to the tune of $1.4 billion dollars. Association Advocacy Head, James Smith, says successive Governments keep delaying funding. "It just means that the gap in the national Land Transport Fund is going to come out of general taxation for yet

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4:39

Ethan Griffiths: Newstalk ZB political reporter on...

Best of Business ·

2026/08/29

The Government has unveiled a proposed bill designed to ban under-16s from social media - and it could stop all Kiwis from accessing certain platforms if the companies don't comply. Section 38 of the bill lays out 'access restriction orders' which gives the High Court power to require access service providers to stop providing access to these platforms. Newstalk ZB political reporter Ethan Griffiths says Meta could be faced with giving up 10 percent of its annual revenue if it doesn't comply with

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4:19

Jodi O'Donnell: TVNZ CEO on full year results

Best of Business ·

2026/08/28

State broadcaster TVNZ posted a paper loss of nearly $24 million today, but an operating profit of $3.9 million. CEO Jodi O'Donnell told Heather du Plessis-Allan that the paper loss was due to a heavy rate of investment into the streaming platform. "We've signalled that for the next two years we will strategically invest our savings into ensuring that TVNZ is around for a long time yet," O'Donnell said. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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4:11

Hayley Horan: Wellington Chamber of Commerce CEO on...

Best of Business ·

2026/08/27

Political parties are being urged to help make Wellington the country's leading city for private sector growth. The Wellington Chamber of Commerce has announced its election priorities, calling on parties to restore confidence and attract more investment in the capital. It's outlined six key steps including accelerating housing, reforming local government, and backing creative, digital, and export growth. Chamber Chief Executive Hayley Horan told Mike Hosking it's not a laundry list – each item is

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3:42

Sam Dickie: Fisher Funds expert on what Nvidia's...

Best of Business ·

2026/08/27

Nvidia has reported its better-than-expected earnings for this quarter. It's earned $100 billion of revenue in three months - more than double a year ago. Fisher Funds expert Sam Dickie explained further, as well as what this result means for the AI boom. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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