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 BusinessOliver Bryan: Taxpayers' Union reveals $5m of taxpayer dollars spent on private schooling for diplomats' children overseas
Criticism has come of the millions of dollars being spent to educate the children of our diplomats serving overseas. The Taxpayers' Union says the children's…
Best of BusinessClaire Amos: Albany Senior High School Principal comes to the defence of using artificial intelligence in schoolwork
An Auckland secondary principal's coming to the defence of using artificial intelligence in schoolwork. But parents are split almost 50-50 on whether it's a…
Best of BusinessOwen Vaughan: One Roof Editor says house price figures not a large increase, but still significant
One roof figures show the house price slump is over in Auckland, Christchurch and Wellington. The quarterly rises show a 0.3 percent increase in the value of…
Best of BusinessKirk Hope: Business NZ CEO says food and fibre export numbers are good, but there are underlying factors
Food and fibre export revenue has hit new heights. It's drawn $57.4 billion for the year to June 30, bringing $1.2 billion more into the economy than was…
Best of BusinessDamien O'Connor: Trade Minister hits back at DHL's export report saying everyone knows prices have gone up, blames inflation
This year's DHL export NZ barometer shows nine out of ten Kiwi exporters report seeing an increase in total costs in the past year. Minister for Trade and…
Best of BusinessChitra Shinde: DHL Operations VP on export barometer showing nine out of ten Kiwi exporters see increase in total costs
Kiwi exporters say high costs are a major barrier to doing business here. This year's DHL export NZ barometer shows nine out of ten Kiwi exporters report…
Best of BusinessRoger Gray: Ports of Auckland CEO says their success is dependant on a strong economy, things look promising
Auckland's port company has come back strongly after navigating some choppy financial waters. It's confirmed this year's net profit after tax increased by more…
Best of BusinessBrad Olsen: Infometrics principal economist on retail sales dropping for the third consecutive quarter
Retail spending is continuing to decline as people opt to spend less money, according to new Stats NZ data. The total volume of retail sales fell 1 percent in…
Best of BusinessJenee Tibshraeny: NZ Herald Wellington business editor on ANZ lifting a number of their interest rates
ANZ has followed in ASB's footsteps in lifting mortgage and term deposit rates. Most of the increases target mortgages with two or more years, raising most of…
Best of BusinessJenee Tibshraeny: NZ Herald Wellington business editor on ANZ lifting a number of their interest rates (1)
ANZ has followed in ASB's footsteps in lifting mortgage and term deposit rates. Most of the increases target mortgages with two or more years, raising most of…
Best of BusinessMark Riggall: Milford Asset Management portfolio manager on the difficulties impacting several Kiwi businesses
Several Kiwi businesses are feeling the impacts of a tougher economic climate as they report their earnings. Significant cost inflation and rising interest…
Best of BusinessKate Hawkesby: The dining experience has changed - not always for the better
So our post-pandemic dining behaviours, according to this Herald article I read, talked about how much more expensive dining out is these days - $50 mains it…
Best of BusinessPaul Osborne: CARJAM CEO on Waka Kotahi wanting to charge them 19c per search on their website
There are fears a plan to charge for stolen vehicle records will make one car ownership record provider's business unaffordable. Waka Kotahi plans to charge 19…
Best of BusinessAlex Cowdell,: Canterbury Bulk Freight MD says there are trucks parked up on both sides of Cook Strait after ferry cancellations
Cancelled ferry sailings are causing a headache for freight. Interislander's Kaitaki sailings were cancelled Wednesday through to this Thursday afternoon as a…
Best of BusinessStephen Jacobi: International business expert says Indian business delegation could be beneficial for both nations
One of the largest business delegations from this country to India could strengthen economic ties. The 50 business people will travel to the nation this week…
Best of BusinessJamie Mackay: The Country host on US sheep farmers calling for tariffs on New Zealand sheep meat imports
US sheep farmers are calling for further tariffs to be imposed on New Zealand sheep meat imports in order to save their industry. Trade and Export Growth…
Best of BusinessPaul Bloxham: HSBC chief economist predicts Australian interest rates will increase by the end of the year
On the other side of the Tasman, Australians are wondering how much further interest rates can rise. Australia's current OCR is sitting at 4.10 percent, and…
Best of BusinessAnna Mowbray: Kiwi entrepreneur launches new app ZEIL to 'disrupt' the recruitment market
Kiwi entrepreneur and Zuru co-founder Anna Mowbray has launched a new app designed for the younger wave of job-seekers. Dubbed as 'Tinder for jobs', ZEIL…
Best of BusinessKirk Hope: CEO of BusinessNZ on data showing sick days cost NZ economy $2.86 billion per year, could increase
Numbers have been released around how expensive sick days are for businesses. On average, each worker is taking five and a half sick days a year, which all up…
Best of BusinessMark Troughear: Freightways Chief Executive on the company's plan to join the ASX following 29 percent revenue increase
Freightways have their sights set on a listing across the ditch, following a solid performance led by the Allied Express acquisition. The company today posted…
Best of BusinessRyan McArthur: Beervana Event Manager says Wellingtonians are finally snapping up tickets to the city's craft beer festival
Wellingtonians are finally snapping up tickets to the city's craft beer festival. Two Beervana sessions are fully sold out, overturning concerns people weren't…
Best of BusinessJames Smith: National Road Carriers spokesperson says it's disappointing taxes are being used as sole funding for Lab's infrastructure
Mixed feedback for the Government's three-year transport budget. It's proposing a 12 cent fuel tax rise, to fund more than $20 billion of infrastructure, road…
Best of BusinessCarolyn Young: Retail NZ CEO says Countdown's trial of self-checkout cameras is a response to uptick in retail crime
There's a view from a retail boss that Countdown trialling cameras in the self checkout area is to catch thieves rather than people who make mistakes. The…
Best of BusinessDom Kalasih: Transporting NZ Interim CEO says motorists will be hit twice by fuel tax hike to fund Labour's transport plan
The transport industry is warning everyone will feel the pain if fuel tax increases. The Government is proposing a 12 cent rise over the next three years, to…
Best of BusinessSam Dickie: Senior portfolio manager talks about weight loss drugs
Weight loss drugs have been the talk of the market recently. Fisher Funds' Sam Dickie talks to Heather du Plessis-Allan about the topic. See…
Best of BusinessLiam Dann: NZ Herald Business Editor at Large on National's plan to allow people to invest in multiple Kiwisaver providers
National wants to give people the ability to invest in multiple KiwiSaver providers. Chris Luxon was speaking at a financial services council event. NZ Herald…
Best of BusinessAdrian Orr: RBNZ Governor is confident the country is on track to squeezing out inflation
The Governor of the Reserve Bank is confident the country is on track to squeezing out inflation. Adrian Orr is keeping the Official Cash Rate at 5.5 percent…
Best of BusinessJohn Carran: Investment strategist is concerned NZ's economic outlook isn't taking China seriously
Concern the country's economic outlook isn't taking China seriously. The Official Cash Rate remains unchanged at 5.5 percent. There's a chance the OCR might…
Best of BusinessKelvin Davidson: Property Economist says OCR remaining at 5.5 percent is neutral for the housing market, recovery likely
The housing market is unlikely to be greatly impacted by the latest Reserve Bank announcement. The bank confirmed the Official Cash Rate will remain at 5.5…
Best of BusinessSusan Kilsby: ANZ Agricultural Economist fears the majority of farmers won't make a profit this year
It's thought the majority of farmers won't make a profit this year. The country’s biggest farm lender ANZ says some farmers are struggling to make their debt…
Best of BusinessJacqueline Rowarth: Dairy NZ director on dairy prices crashing to lowest level in five years at the GDT auction
Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder - a key driver for Fonterra's prices - dropped 10.9…
Best of BusinessKatlyn Parker: Milford Asset Management analyst on the market reaction to the OCR
The Reserve Bank has kept the Official Cash Rate at 5.5 percent, in line with predictions from banks and economists. Many experts believe the OCR may shift…
Best of BusinessRoss Taylor: Fletcher Building Chief Executive on Fletcher net profit dropping 46 percent after convention centre costs escalate
Tough times for one of New Zealand's largest listed construction companies. Fletcher Building's annual net profit fell 46 percent to $235 million, according to…
Best of BusinessJarrod Kerr: Kiwibank Chief Economist surprised the Reserve Bank kept the OCR in place at 5.5 percent
The Reserve Bank has signalled it wants interest rates to stay unchanged for some time. It's kept the Official Cash Rate at 5.5 percent, matching predictions…
Best of BusinessMike's Minute: Our high wage growth has been engineered
In watching the Prime Minister yesterday in the house, I once again wondered to myself whether he either has a clue economically, or whether he actually does…
Best of BusinessRichard McIntyre: Federated Farmers Dairy Chair discusses how Fonterra has affected the market after GDT auction
Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk…
Best of BusinessMichael Reddell: Former RBNZ economist says the Official Cash Rate may not be able to be halted for long
A former Reserve Bank economist says the Official Cash Rate may not be able to be halted for long. The central bank will give its latest update today, with…
Best of BusinessKelly Eckhold: Westpac Chief Economist is sceptical of claims Official Cash Rate hikes will be halted until next year
A leading economist is sceptical of claims Official Cash Rate hikes will be halted until next year. The Reserve Bank is providing an OCR update today, with…
Best of BusinessMatt Cowley: Tauranga Chamber of Commerce EO says wage increases a win for earners, tough for employers
Claims have come that businesses are struggling to keep up as wages continue to rise. Stats NZ has revealed median weekly earnings from wages and salaries…
Best of BusinessAndrew Kelleher: JMI Wealth Director says drop in global dairy prices was expected
Global dairy prices plunged by 7.4 percent overnight at the Global Dairy Trade auction. Whole Milk Powder, which has the biggest influence on Fonterra's milk…
Best of BusinessTom Hartmann: Personal finance expert on data showing 55 percent of Kiwis are starting to sink when it comes to money
More than half of New Zealanders say they're starting to sink when it comes to money. Fresh data collected by the Retirement Commission, shows 55 percent are…
Best of BusinessPaul Spain: tech commentator on Sky facing backlash over Sky Box and increased broadband and entertainment package prices
Sky TV are on the receiving end of backlash over their recent business decisions. The Herald's Chris Rattue has labelled the Sky Box an 'absolute dog'…
Best of BusinessJen Baird: REINZ chief executive on new figures showing confidence is returning to the housing market
New REINZ figures show the housing market is still subdued- but some buyer confidence is returning. Their house price index shows the national median house…
Best of BusinessPaul Spoonley: Immigration specialist on NZ posting largest net migration in three years
Kiwis are leaving New Zealand at record highs - but net migration is still up. For June this year net migration rose to 86,000, the largest it has been in…
Best of BusinessBrad Olsen: Economist says there are numbers rolling in that look good for New Zealand's economy
New Zealand's economy has managed to gain momentum over the past three months, despite pressures. The Infometrics economic monitor says there was a 1.4 percent…
Best of BusinessChris Hipkins: Prime Minister fronts to clarify finer details of GST cut plan
Clarification has come as Labour's new policy to ditch GST from fruits and veggies could be causing a headache for consumers. It's vying to cut the 15 percent…
Best of BusinessLynda Keen: Tourism Export Council CEO says they have lobbied to end Covid restrictions since last year
The tourism sector is hoping it will be back to business as usual. The final Covid restrictions, including the seven day isolation period and mask wearing in…
Best of BusinessSharon Zollner: ANZ Chief Economist on NZ losing most amount of citizens per month in a decade
More Kiwis are starting new lives overseas despite migrants arriving in droves. In the year to June, annual net migration rose to more than 86,000. But, the…
Best of BusinessSteve Armitage: Hospitality NZ CEO says scrapping of Covid restrictions couldn't have come soon enough for the industry
The scrapping of Covid restrictions couldn't have come soon enough for the hospitality industry. All remaining restrictions were dropped as of midnight last…
Best of BusinessFran O'Sullivan: NZME business commentator on Labour's newly announced tax policies
The Government has announced a raft of tax policies designed to address the cost of living crisis ahead of the election. Hipkins has announced a boost to the…
Best of BusinessSarah Balle: Supie founder says removal of produce GST will add administration costs to the supply chain
Confusion from some smaller supermarket outlets, as the Government announces an election policy to remove GST on fresh and frozen produce. It says it would…
Best of BusinessAndrew Body: Financial markets expert talks Commerce Commission's investigation into banking profits
Our banks are making some big profits - and they are the next organization in the Commerce Commission's headlights. With a new preliminary report from the…
Best of BusinessKatrina Shanks: Financial Advice CEO discusses the future of insurance as costs climb - meaning many are unable to afford
The future of insurance seems to be a bit murky, with insurance costs only heading up, meaning more and more people are just not able to afford it. Australian…
Best of BusinessLiam Dann: NZ Herald business editor at large on what China sliding into deflation means for the New Zealand economy
China's descent into deflation paired with rising prices in New Zealand could spell trouble. Consumer prices in China fell for the first time in over two…
Best of BusinessJithin Chittibomma: Liquids Sandringham operations manager on being forcibly shut down and appealing the decision
An Auckland bottle store has been shut down after a group of neighbours complained it hadn't lived up to its promise of being boutique. The Sandringham store…
Best of BusinessSam Stubbs: Simplicity co-founder says a clear lack of competition makes New Zealand's banking market tougher than most OECD countries
A not-for-profit Kiwisaver provider says it's tough competing in New Zealand's banking market. The Commerce Commission has today revealed the nation's banks…
Best of BusinessMike's Minute: The banks have to answer some questions
Am I changing my mind on banks? I have defended banks. I have defended them when Adrian Orr was wandering around talking about stress tests and making them put…
Best of BusinessRoman Travers: The only way we can make a difference is you and me choosing where we bank
Yesterday's news that another of our major banks has made another record profit, just about had me falling off my financially unstable rocking horse. ASB have…
Best of BusinessSue Harrison: Property Investors' Federation president on findings rental inflation is driven by wage inflation, housing demand
A new report into the rental market has found while people usually think interest rate changes, tax changes, and inflation get passed through into rents, there…
Best of BusinessBrad Olsen: Economist discusses what the effect of China's deflation could be upon New Zealand
China's economy has fallen into deflation as the nation continues to struggle post-Covid. Their consumer price index fell 0.3 percent year on year in July…