Shows / Best of Business
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.
Episodes
- Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor on mortgage rates being expected to decline
There's early signs that mortgage rates could be on the downswing again. New Zealand's wholesale interest rates have fallen sharply over the last month- and…
- Best of Business
Felix Fok: Milford Asset Management Portfolio Manager on Nvidia's revenue tripling and surpassing expectations
Nvidia's latest quarterly results have surpassed expectations amid increased demand for AI. Demand for Nvidia’s graphics processing units has been exceeding…
- Best of Business
Dan Mitchinson: US correspondent on Elon Musk promising to donate X ad revenue to Gaza and Israeli hospitals
Elon Musk has confirmed that advertising revenue from X, formerly Twitter, will be donated to war-torn Gaza and the hospitals in Israel. The move comes amid…
- Best of Business
Michael Fox: Zespri Head of Global Public Affairs on the company's strong November forecast
A fruitful season's in the wind for Kiwifruit growers this year. Zespri's seasonal November forecast projects record returns for all its fruit crops. The fruit…
- Best of Business
Todd Hunter: Tuners Chief Executive on the company's successful half-year profit
Used car distributor Turners Automotive has gone from strength to strength in recent months. The company saw revenue increase 16 percent to $213.9 million…
- Best of Business
Tim Provise: Tech commentator warns shoppers to be careful of fake 'sales' ahead of Black Friday
A tech commentator is warning people to apply due diligence to Black Friday shopping. Price comparison service PriceSpy found last year, about 15 percent of…
- Best of Business
Pattrick Smellie: BusinessDesk managing editor on TradeMe posting an increased net profit for the year to June
Online auction site TradeMe posted a $4.7 million net profit after tax for the year to June, turning around earlier losses. Experts believe the return to…
- Best of Business
Sabrina Delgado: Kiwibank economist on New Zealand's trade deficit getting smaller
New Zealand's trade deficit appears to be getting smaller, according to the latest data. A new report from Stats NZ says imports were down, falling $1.2b to…
- Best of Business
Paul Stenhouse: Tech commentator explains the theories behind OpenAI CEO Sam Altman's ousting
Belief opposing views could be behind the ousting of former OpenAI CEO Sam Altman. At least 700 of 770 staff at the company famous for creating Chat GPT have…
- Best of Business
Andrew Krukziener: property developer doubles down on threat to sue Auckland Council if it votes to sell Downtown Carpark building
A prominent Auckland businessman has threatened legal action against Auckland Council if it votes to sell the Downtown Carpark building. Precinct Property was…
- Best of Business
Clive Fernandes: National Capital Director and KiwiSaver expert reveals the benefits of paying attention to your KiwiSaver fund
Kiwisaver advisors are urging New Zealanders to care about where they put their retirement funds. National Capital's latest Value for Money report finds the…
- Best of Business
Oliver Peterson: Australian correspondent on Optus' CEO resining after nationwide outage
The boss of Australian telecommunications company Optus has resigned after a nationwide outage affected millions. CEO Kelly Bayer Rosmarin quit after a senate…
- Best of Business
Mark Knoff-Thomas: Newmarket Business Association chief executive warns congestion will increase closer to Christmas
Warnings malls will only get busier, after shoppers at Westfield Newmarket were trapped inside the carpark for hours on Saturday afternoon. The Auckland…
- Best of Business
Sam Dickie: Fisher Funds senior portfolio manager on the upswing in global equity markets
There's been a significant upswing in global equity markets in the past couple of weeks. The Nasdaq is up by 12 percent, the US Equities Market is up by 10…
- Best of Business
Jamie Mackay: The Country host on Alliance Group's financial loss for the 2023 year
Alliance Group this week announced a significant loss for the 2023 financial year. The co-operative lost over $70 million, as geo-political tensions…
- Best of Business
Liam Dann: NZ Herald business editor at large on New Zealand's housing market cooling in October
New data from REINZ showed the New Zealand housing market cooled in October. Prices declined 2 percent nationally on a seasonally adjusted basis, in the first…
- Best of Business
Fran O'Sullivan: NZME business commentator on Joe Biden and Xi Jinping's first bilateral meeting in several years
US President Joe Biden and his Chinese counterpart discussed climate change, in a first bilateral meeting in seven years. The pair sat down together ahead of…
- Best of Business
Enda Brady: UK correspondent on Suella Braverman's open letter to Rishi Sunak
Former British Home Secretary Suella Braverman has hit back with a 'scathing' open letter to Rishi Sunak. Braverman was recently sacked after she accused the…
- Best of Business
Brad Olsen: Infometrics principal economist on electronic card spending declining significantly in October
Electronic card spending data recorded the first significant drop since mid-2022 this October. Spending in retail industries fell 0.7 per cent compared to…
- Best of Business
Jeremy Hutton: Milford Asset Management Equities Analyst on the increased market confidence in New Zealand
Latest data shows market confidence has returned to New Zealand. Stats NZ's monthly price report showed airfares, petrol and food prices were down across the…
- Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor says the incoming Government will have to contend with a billion-dollar hole created by ETS auction
The incoming Government is expected to contend with a billion-dollar hole in its books created by the upcoming ETS auction. The final auction of units under…
- Best of Business
Rachelle Bland: financial adviser on the Financial Markets Authority facing backlash over Fraud Awareness Week video campaign
The Financial Markets Authority (FMA) has pulled a controversial video campaign accused of mocking fraud victims. As part of Fraud Awareness Week, the FMA…
- Best of Business
Paul Bloxham: HSBC Chief Economist on inflation in Australia remaining stubbornly high
Alarm bells are being raised over in Australia, as economists warn the risk of inflation lingering is increasing. The Reserve Bank of Australia raised the OCR…
- Best of Business
Jamie Mackay: The Country host on economists expressing concern about the implications of lower export prices on the provinces
Economists fear the primary sector is likely to struggle from lower export prices during the economic downturn. Infometrics chief forecaster Gareth Kiernan…
- Best of Business
Richard Burke: LeaderBrand CEO on fruit and vegetables contributing to significant fall in food prices
Fruit, vegetables and similar household staples were the largest contributor to a monthly fall in food prices. Stats NZ says prices were 6.3 percent higher in…
- Best of Business
The Huddle: Does National need extra time to establish a coalition Government?
Tonight on The Huddle, Trish Sherson from Sherson Willis PR and former Labour chief of staff Mike Munro joined in on a discussion about the following issues of…
- Best of Business
Fran O'Sullivan: NZME business commentator on Chris Luxon potentially missing APEC
Christopher Luxon says coalition talks will probably prevent him from attending this week's APEC leaders' meeting in San Fransisco. The summit for Pacific Rim…
- Best of Business
Brianne West: Ethique founder launches new start-up designed to cut down on single-use plastic bottle waste
The brains behind New Zealand's largest regenerative beauty brand has her eyes on a new sustainable venture. Brianne West plans to reduce the use of single-use…
- Best of Business
Antonia Watson: ANZ chief executive defends $2 billion cash net profit amid current economic climate
ANZ's CEO is defending its cash net profit, at a time households struggle with the cost of living. The country's largest bank has reported a 10 percent…
- Best of Business
Oliver Peterson: Australian correspondent on port operator DP World Australia gradually recovering from cyber attack
Flow-on effects from a cyber attack are affecting Australia's second-largest port operator. DP World Australia, which is responsible for 40 percent of maritime…
- Best of Business
Peter Lewis: Asia Business Correspondent on Xi Jinping potentially attending APEC
Officially we don't know yet whether Xi Jinping will be at APEC in San Francisco next week, but it does look very likely? If he comes, will he meet with Joe…
- Best of Business
Rod Oram: Business commentator on Fonterra's new climate plan
Fonterra's new climate plan has been welcomed by Federated Farmers and climate researchers The company pledged to reduce farm emissions by 30% by 2030…
- Best of Business
Sam Stubbs: Simplicity Investment Funds CEO on divesting from Israeli banks
Kiwisaver provider Simplicity has announced it will immediately sell off its shares in three Israeli banks in response to the conflict in Gaza. Simplicity says…
- Best of Business
Jamie Mackay: The Country host on Fonterra aiming to reduce on-farm emissions by 30 percent in new scheme
Industry experts are 'cautiously optimistic' about Fonterra's plan to reduce on-farm emissions by 30 percent by 2030. The dairy co-op has promised to utilise…
- Best of Business
Liam Dann: NZ Herald business editor at large on the proposed Foodstuffs merger creating more pressure for the Commerce Commission
More eyes are on the Commerce Commission, as Foodstuffs seeks their approval for a merger. The retail giant hopes to merge its North Island and South Island…
- Best of Business
Simon Eriksen: former Supie creditor on the company's creditors voting in favour of liquidation
Creditors of failed online grocery business Supie today voted in favour of liquidation at a watershed meeting. A report from BusinessDesk counted 14 people in…
- Best of Business
Don Braid: Mainfreight CEO on the company's profits plunging 42 percent
Global logistics company Mainfreight has reported a significant slump in net profit and revenue. Their result shows profits declined 42 percent, to $124…
- Best of Business
Charlotte Rutherford: Fonterra Director of Sustainability on the company launching a new emissions reduction scheme
Fonterra says their emissions reduction scheme will work for the benefit of its farmers. The dairying giant plans to slash on-farm greenhouse gases 30 percent…
- Best of Business
Brad Olsen: Infometrics principal economist explains what a three-way coalition could mean for future economic policies
Economists are wracking their brains over how negotiations are set to shape the incoming Government's economic polices. ANZ's latest economic outlook examined…
- Best of Business
Sam Trethewey: Milford Asset Management Portfolio Manager on Sky indicating it had terminated takeover discussions with a bidder
Sky TV has terminated discussions about a potential takeover with an unnamed third party. Last month, the company reportedly received an expression of interest…
- Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor on lobbyists working to prevent the incoming Government from taxing commercial and industrial building owners
Lobbying efforts are already underway to prevent the incoming Government from implementing a new tax on commercial and industrial building owners. National…
- Best of Business
Shaun Clousten: Logan Brown chef on the 'tough' financial climate impacting Wellington hospitality scene
A Wellington chef says it hurts to see high profile local restaurants closing. In the past fortnight, Field and Green and Shepherd have announced they'll be…
- Best of Business
Jamie Mackay: The Country host on John Key being brought into negotiations between Zespri and Chinese officials
Former Prime Minister John Key is taking Zespri's kiwifruit fight straight to top Chinese politicians. Zespri filed a civil case in China's Intellectual…
- Best of Business
Chris Quin: Foodstuffs North Island CEO on the company merging its North Island and South Island co-operatives
Foodstuffs, is set to apply to the Commerce Commission to merge its North Island and South Island co-operatives into one national business. The company is half…
- Best of Business
Oliver Peterson: Australian correspondent on Prime Minister Anthony Albanese visiting China to strengthen trade relations
Anthony Albanese has become the first Australian Prime Minister to visit China in seven years- touching down in Shanghai yesterday. He's trying to improve…
- Best of Business
Catherine McGrath: Westpac CEO on the company reporting a lower-than-expected $963 million dollar net profit
Westpac's CEO has identified a range of reasons for its fall in profits. The bank had a $963 million net profit for the year to September, down seven percent…
- Best of Business
Katie Wesney: Enable.Me financial adviser responds to report claiming the average Auckland house deposit could reach $1 million by 2045
A report has suggested the average Auckland house deposit could reach $1 million by 2045. The report was shared exclusively with One News. Enable.Me financial…
- Best of Business
Derek Handley: Aera founder on how by 2045 an average Auckland house deposit could reach $1 million
A new report this morning outlines that an average Auckland house deposit could reach $1 million by 2045. Aera founder Derek Handley spoke with Mike Hosking…
- Best of Business
Brad Olsen: Infometrics Principal Economist on what the incoming coalition Government has planned for the economy
The economy was a significant talking point this election- and remains one of the biggest issues the incoming Government is expected to sort out. The special…
- Best of Business
Rod Oram: Business commentator on what a National-ACT-NZ First coalition means for businesses
The special votes are in and officially point to a National-ACT-NZ First coalition. They all ran on a similar election promise of turning the country around…
- Best of Business
Sam Dickie: Fisher Funds senior portfolio manager recaps the results of US quarterly result season
The economic outlook in the United States is looking up. GDP in America has increased at an annual rate of 4.9 percent in the third quarter in 2023, according…
- Best of Business
Jamie Mackay: host of The Country on shareholder confidence in New Zealand's primary sector falling to an eight-year low
Shareholder confidence in New Zealand's primary sector listed companies has fallen to an eight-year low and dropped 22 percent on the 10 months since January…
- Best of Business
Liam Dann: NZ Herald business editor at large on the incoming Government's plan for the economy
The incoming National-led Government will soon have to make headway on their plans for the economy. The sector has already reported increased confidence, with…
- Best of Business
Bryan Williams: BWA Insolvency managing director on their latest report stating more business failures are on the horizon
A wave of business failings is expected on the horizon. BWA Insolvency's latest report shows 20 percent more business fell in the third quarter of 2023, than…
- Best of Business
Mark Riggall: Milford Asset Management portfolio manager on New Zealand's sharemarket declining
New Zealand's sharemarket is in a steady decline, having dropped 20 percent from its January 2021 peak. The selloffs are accelerated, with a reported 10…
- Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank warning more people will default on their mortgage payments
The Reserve Bank warns that mortgage stress is set to increase, with more households expected to default on payments. The banking regulator forecasts the…
- Best of Business
Mike Lee: Auckland University marketing professor says New World's pots and pans promo is letting customers down
A marketing professor thinks New World's latest pots and pans promo let customers down. Customers have been collecting stickers to claim MasterChef branded…
- Best of Business
Brad Olsen: Infometrics Principal Economist on New Zealand's unemployment figure rising to 3.9 percent
Experts claim rising unemployment is necessary medicine to get inflation under control. Stats NZ says unemployment rose to 3.9 percent for the three months to…
- Best of Business
Paul Bloxham: HSBC chief economist on inflation and inward migration creating economic shocks for Australia
Economists across the Tasman have noticed Australia is battling two significant economic shocks at once. Stubbornly high interest rates offset by an increased…
- Best of Business
Pattrick Smellie: BusinessDesk managing editor addresses the possibility that more businesses may collapse in the coming years
The recent collapse of two high-profile Kiwi startups has raised questions about an incoming downturn for businesses and employment. Online grocery retailer…