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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.

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All Episodes

2:23

Jarrod Kerr: Kiwibank chief economist ahead of the...

Best of Business ·

2025/05/26

The Reserve Bank is set to make another Monetary Policy Statement on Wednesday, and experts have predicted another 25-basis-point cut. The cut, priced in by financial markets and widely expected by economists, would take the OCR to 3.25 percent. Despite this, Kiwibank chief economist Jarrod Kerr believes the Reserve Bank should cut the cash rate down to 3 percent - saying the economy needs stimulus. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:03

Shane Solly: Harbour Asset Management spokesperson on...

Best of Business ·

2025/05/26

On Friday, US President Donald Trump threatened to impose 50 percent tariffs on the EU from June 1 due to slow progress on discussion. He also threatened to put a 25 percent tariff on Apple (-3%) and other device makers if they don’t start moving production to the US. Harbour Asset Management spokesperson Shane Solly revealed how the markets responded. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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33:25

Business Panel: O-Studio founder Kate Twigg and Glide...

Best of Business ·

2025/05/26

They are two industries experiencing massive growth; social media management and health and wellness. But why would you set up a new business in tough economic times in a city that's struggling even more than others? That was the question posed to O-Studio founder Kate Twigg and Glide Media director Lukas Halikias on the Wellington Mornings business panel this morning. The pair spoke about creating their own businesses, challenges facing businesspeople in Wellington and their thoughts on the

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2:15

Ryan Bridge: We need more of a heads up on Kiwisaver

Best of Business ·

2025/05/25

KiwiSaver. I was thinking about this at the weekend. I get why the government is doing the old switcharoo. I get it. Means test the government sweet we, halve it for everyone else… save some money. Then we workers… and our employers… will slowly put more into the scheme… So that when it all comes out in the wash, we’re at least no worse off than before budget day. Except that we will be worse off, because it’s us and our employers paying for it. We pay more up front. Our employers pay more up front

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5:03

Lisa Dudson: finance expert on the Government's new...

Best of Business ·

2025/05/24

In a bid to boost Kiwis' retirement savings, the Government is increasing the default KiwiSaver contribution rate to 3.5 percent next year and then 4 percent by April 2028. The scheme will also be extended to 16 and 17-year-olds from April 1, 2026 - they will need to opt in, as the automatic enrolment will remain at 18. The Government contribution rate, however, will reduce by half, from 50c for each dollar a member contributes to 25c, from July 1 this year. In addition, those earning over $180,000

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4:51

Peter Lewis: Asia Business Correspondent on the...

Best of Business ·

2025/05/23

The first real indicator of the impact of the trade war is coming out of China. The country cut their key lending rates by 10 basis points on Tuesday in an effort to boost the economy. The People’s Bank of China (PBOC) trimmed the 1-year loan prime rate, which influences corporate and most household loans in China, to 3.0% from 3.1%. Asia Business Correspondent Peter Lewis talks to Heather du Plessis-Allan about what it means. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

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4:33

Sam Dickie: Fisher Funds expert on the KiwiSaver...

Best of Business ·

2025/05/22

An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave some households better off for retirement - but experts warn not everyone will benefit. The Government will halve the member tax credit available to people who contribute at least $1042 in a year to $260.72. Fisher Funds expert Sam Dickie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3:25

Bruce Aitken: former CEO and president of Methanex...

Best of Business ·

2025/05/22

The Government's bid to bring hope back to New Zealand's gas sector has been met with approval from industry experts. In the Budget, the Government said it would set aside $200 million over four years for co‑investment in new gas fields. Former CEO and president of Methanex, Bruce Aitken, says this is a good idea. "Anything that encourages exploration for natural gas is great - it's a real pity that the Government has to do it, but I think there's an inevitability that you need to take some risk out

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9:31

Nicola Willis: Finance Minister unpacks cost-cutting...

Best of Business ·

2025/05/22

The Finance Minister says refusing unemployment benefits to teenagers is about helping parents. This Budget makes 18 and 19-year-olds ineligible for JobSeeker, if their parents can support them. Nicola Willis says the Government has the same expectations as most parents. "I have met parents who say - look, I've got a 19-year-old who spends all day on the couch playing PlayStation and it's pretty difficult because you, the Government, send them a check each fortnight." LISTEN ABOVESee

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3:59

Simon Bridges: Auckland Business Chamber CEO ahead of...

Best of Business ·

2025/05/21

The country's soon going to see if the Government will stay true to its proclaimed 'year of growth'. Finance Minister Nicola Willis is hours away from unveiling her second budget and is promising no frills or excess. It's been slowly teasing figures, with a vast majority of initiatives being funded through cost-savings and cuts. Auckland Business Chamber CEO Simon Bridges told Ryan Bridge it'll need a sufficient response to where the country is at. He says businesses will be looking for strong,

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1:54

Katherine Rich: Business NZ CEO on the potential...

Best of Business ·

2025/05/21

A promise today's budget will deliver real growth for the economy. Finance Minister Nicola Willis is hours away from unveiling her 'No BS Budget', claiming there'll be no frills or excess. The Government's been slowly teasing figures, concentrating on balancing the books through cuts and reprioritisation in spending. Business NZ CEO Katherine Rich told Mike Hosking the government knows its role in business recovery. She says they're the first government in a long time that's methodically looked

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2:40

Viv Beck: Heart of the City CEO on the closure of...

Best of Business ·

2025/05/21

Smith and Caughey's closure indicates what needs to change in Auckland's CBD The city's most iconic department store is closing its doors after 145-years, with the loss of almost 100 jobs. The closure comes down to increased competition, economic hardship, and the state of the central city. Heart of the City Chief Executive, Viv Beck told Mike Hosking it's a sign of fundamental flaws in the management of Auckland's CBD, especially in transport. She says the system needs more functionality and

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4:25

Jenee Tibshraeny: NZ Herald Wellington business...

Best of Business ·

2025/05/21

Budget 2025 is set to be revealed to the nation tomorrow - and Finance Minister Nicola Willis has promised it will be a “No BS Budget” with “some surprises”. Willis will take a step towards unwinding the expansion of Government that accompanied (and followed) the pandemic - while growing the economy. NZ Herald Wellington business editor Jenee Tibshraeny outlines some questions she hopes to see resolved. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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5:19

Jessica Walker: Consumer NZ Acting Head of Research...

Best of Business ·

2025/05/21

Mastercard has recently released a survey showing a significant amount of Kiwis want credit card surcharges banned. The data shows 61 percent of respondents would support a ban and 75 percent don't believe surcharges are fair - and 44 percent feel retailers should absorb the costs. Consumer NZ's Acting Head of Research and Advocacy, Jessica Walker, says the surcharge debate is a complicated topic. "Businesses are charged a fee for using these payment networks - and of course, Visa and Mastercard are

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4:02

Alan McDonald: EMA Head of Advocacy on the increase...

Best of Business ·

2025/05/21

A record number of businesses have sought advice about redundancies in the first three months of the year, according to new Employers and Manufacturers Association data. EMA’s AdviceLine received 403 queries from businesses on the topic of restructuring and redundancies last quarter - almost double that in the same period two years ago (204). EMA’s head of advocacy and strategy Alan McDonald says this reflects many years of tough economic conditions. "The last resort play for a lot of businesses

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2:49

Joshua Tan: Export NZ executive director on NZ seeing...

Best of Business ·

2025/05/21

A strong primary sector performance has produced a billion-dollar monthly trade surplus - for the first time in five years. Stats NZ data reveals it sat on $1.4 billion dollars in April, compared with a $12 million dollar deficit for the same time last year. Export NZ Executive Director, Joshua Tan, says it's a team effort across the food and fibre sector. He says dairy, red meat, fruit and wood exports have all risen by millions of dollars. LISTEN ABOVESee omnystudio.com/listener for privacy

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4:06

Simon Watts: Revenue Minister admits Donald Trump was...

Best of Business ·

2025/05/21

The Revenue Minister says Donald Trump was a factor in scrapping the incoming Digital Services Tax Bill.A legacy of the last Government, it would've imposed a three percent tax on revenue from Kiwis - earned by the likes of Facebook and Google. The US President has called such legislation 'overseas extortion', and said he'd act against it. Simon Watts says they considered recent developments, including in the US. "But at the end of the day - I took a look at this tax, we've been looking at it a bit

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3:31

Brad Olsen: Infometrics Principal Economist outlines...

Best of Business ·

2025/05/20

It's less than two days to go until Budget Day 2025, and experts are outlining their predictions. Finance Minister Nicola Willis has hinted this won't be a 'lolly scramble' and plenty of cuts will have to take place. Infometrics Principal Economist Brad Olsen explains further, LISTEN ABOVESee omnystudio.com/listener for privacy information.

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2:57

Terry Collins: AA Principal Policy Advisor on U-GO...

Best of Business ·

2025/05/20

The tide looks to be changing for Gull as the leader of low-priced petrol offerings. Fuel-finding app Gaspy is reporting Taupo's Gull Ātiamuri has been undercut by Z-Energy's Waikaraka U-GO in South Auckland. AA Principal Policy Advisor Terry Collins says Gull paved the way with its New Zealand- owned self-service model. He explained it has a low cost entry, with electronic payment options meaning stations don't need staff - and the fuel's there. LISTEN ABOVESee omnystudio.com/listener for privacy

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4:29

Gavin Grey: UK correspondent on the UK and EU's...

Best of Business ·

2025/05/19

Negotiations to reset the UK's post-Brexit relations reached a turning point - with leaders holding talks ahead of an upcoming summit. Both regions recently reached a 12-year deal giving fishing access for EU boats in UK waters. UK correspondent Gavin Grey explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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3,595 results

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