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 BusinessAshley Church: Will we know what a market turn looks like?
This week, OneRoof property commentator Ashley Church weighed in on the state of the market and the signs it may turn. LISTEN ABOVE See omnystudio.com/listener…
Best of BusinessRobert McCulloch: Macroeconomics professor disagrees with Grant Robertson's blame of recession on floods and cyclone
Upon the release of the GDP figures confirming New Zealand has entered two quarters of contraction and so is in a recession, Grant Robertson issued a press…
Best of BusinessMike's Minute: The economic chickens have come home to roost
As the economy sinks, the Government sinks with it. What a shocking week. We have officially been in recession. Don’t let them con you into the “technical…
Best of BusinessGrant Robertson: Finance Minister responds to claims a recession will lose Labour the election
Prime Minister Chris Hipkins believes New Zealanders will recognise the domestic and global factors that have contributed to two consecutive quarters of…
Best of BusinessSteven Joyce: Former Finance Minister says the economy is going through a rough patch, going to take a while to turn around
New Zealand may not be in a recession, but it's certainly in a slowdown. On paper, the country has officially entered a "technical recession" after recording…
Best of BusinessThe Huddle: NZ enters technical recession and Kāinga Ora 'neighbours from hell' booted
Tonight on The Huddle, Georgina Stylianou, Director of Government Relations firm BRG and Sam Johnson, Projects Director at Still joined in on a discussion…
Best of BusinessSam Dickie: Fisher Funds senior portfolio manager on US corporations reaping record-breaking profits
Corporate profits were expected to fall further in the United States, but expectations are being surpassed. Over the past year, consumers have grappled with…
Best of BusinessLiam Dann: NZ Herald business editor says GDP result makes it more likely the Reserve Bank won't increase rates
The data is in, and New Zealand is officially into a technical recession. New figures from Stats NZ show GDP fell 0.1 percent in the March quarter- the second…
Best of BusinessJarrod Kerr: Kiwibank chief economist warns there's still bumps in the road and contractions to come
A leading economist says although it's shallow and technical, New Zealand is nonetheless in a recession. Stats NZ figures out today reveal GDP fell 0.1 percent…
Best of BusinessBarry Soper: ZB senior political correspondent on New Zealand entering a 'technical recession'
It's official- New Zealand has entered a 'technical recession'. Newly released figures from Stats NZ show the GDP fell 0.1 percentage points from last quarter…
Best of BusinessLiam Dann: NZ Herald Business Editor at Large discusses NZ entering a technical recession and what it means for Kiwis
The economy in the first quarter entered a recession, falling 0.1 per cent, in line with market expectations. Data from Stats NZ this morning showed how the…
Best of BusinessDamien O'Connor: Minister for Trade and Export Growth on primary industry exports growing to 14 percent of GDP
Our primary industry exports have reached $56 billion - his is 2.3 percent higher than expected and now worth 14 percent of New Zealand's total GDP. This…
Best of BusinessDr. Matthew Birchall: New Zealand Initiative report highlights NZ's over-reliance on public debt to fund infrastructure deficit
A new report into our infrastructure is highlighting New Zealand's over-reliance on public debt to fund our infrastructure deficit - which currently is at $210…
Best of BusinessNick Tuffley: ASB Chief Economist on whether NZ has experienced another quarter of negative growth
All eyes are on the latest GDP number expected this morning. Economists are split on whether it will be another quarter of negative growth- after Q1 slipped…
Best of BusinessMichael Gordon: Economist says when it comes to recession, you need to look at whether the economy is running below par
Economists are split over whether today's GDP figures will rise or fall. The data for the March quarter will be released at 10.45am. A decrease would mean the…
Best of BusinessJeremy Helson: Seafood NZ Chief Executive on forecast growth to $2.1 billion
The seafood sector has net some gains. The value of Primary Sector exports have hit a record high, now worth 14 percent of New Zealand's total GDP. Seafood is…
Best of BusinessGavin Grey: UK correspondent on the UK economy returning to growth with 0.2 GDP increase
The UK economy has bounced back and escaped recession- but only just. The region's GDP increased by 0.2 percent, following the 0.3 contraction recorded in…
Best of BusinessBrad Olsen: Infometrics Principal Economist on the divided expectations for Thursday's GDP announcement
GDP figures due to be released Thursday will confirm whether or not the country entered a technical recession. Opinions are divided, with ANZ forecasting a 0.2…
Best of BusinessMark Riggall: Milford Asset Management portfolio manager on Auckland Airport revising dividend policy for shareholders
Auckland Airport have revised their dividend policy and reduced their payouts to shareholders. The airport will pay out 70 percent to 90 percent of net profit…
Best of BusinessJenee Tibshraeny: NZ Herald Wellington business editor says Government Covid-19 management impacted demand for imports
The International Money Fund is warning the Government to rein in spending. S&P Global Ratings is also saying the country's near-record trade deficit remains a…
Best of BusinessBarry Soper: ZB senior political correspondent on New Zealand's current account deficit
Latest figures show New Zealand's current account deficit is $33 billion- 8.5 percent of GDP- in the year to March. That's down from $34.4 billion- or nine…
Best of BusinessShamubeel Eaqub: Sense Partners economist reveals widespread profit margin increases are not adding to inflation
Despite the price of goods and services rising sharply, new data confirms high business profits aren't the cause of inflation. A study commissioned by…
Best of BusinessIan Sutcliffe: AA Smartfuel General Manager on ending their partnership with Countdown
AA Smartfuel and Countdown's reward partnership is coming to an end. After working together for seven years they have decided to not renew the agreement which…
Best of BusinessCatherine Beard: BusinessNZ Head of Advocacy says it's not sustainable for NZ to continue with the deficit we currently have
We're about to get a clearer picture of how the economy is tracking. GDP figures are out out tomorrow morning, revealing whether New Zealand has escaped a…
Best of BusinessPeter Nation: Fieldays CEO ahead of 55th year of the event, first time since 2019 with international attendees
For the 55th year Fieldays is back - and this year is the first time since 2019 it is fully open to international attendees. Being the largest agricultural…
Best of BusinessToby Williams: Federated Farmers Meat and Wool Industry Chair on new law changes to carbon farming
A law change will make it harder for overseas buyers to plant pine on good farm land. The Government is giving local councils the authority to determine where…
Best of BusinessPaul Bloxham: HSBC Chief Economist on Australian economists warning risk to recession has increased
Australian economists see a higher risk of recession after soft Q1 GDP report. RBA Governor Philip Lowe has talked about navigating a narrow path to lower…
Best of BusinessMary Jo Vergara: Kiwibank senior economist on what recent net migration increase means for inflation
New Zealand's population continues to grow at pace. The latest Stats NZ figures show New Zealand had a net new migration gain of 72,300 in the year to April…
Best of BusinessMike's Minute: Recession or not? It feels like it
I think we can ask the question of how much is enough, given the numbers we have given you of late. Government expenditure is up 596 percent and income i.e tax…
Best of BusinessBernie Smith: Housing developer says the govt's lack of action on Kāinga Ora tenants is totally unacceptable
The Government is being accused of slacking off with disruptive Kāinga Ora tenants. Newstalk ZB can reveal three people have been evicted for bad behaviour in…
Best of BusinessKate Acland: Beef and Lamb Chair says they are pleased with National's election emissions policy
Beef and Lamb is pleased with National's election emissions policy. National would start measuring farm emissions by 2025, and make farmers pay for them by…
Best of BusinessJosh Emett: Kiwi chef is teaming up with Gwyneth Paltrow's powerhouse brand goop
Kiwi chef Josh Emett is cooking up a storm for none other than Goop - Gwyneth Paltrow's powerhouse brand. The Goop team reached out after Paltrow reposted…
Best of BusinessAlan Joyce: Qantas CEO says there is big demand for the Auckland to New York route, will compete with Air New Zealand
Qantas chief executive Alan Joyce says demand for travel is still running high but more airline capacity should push down air fares. Joyce, in Auckland for the…
Best of BusinessJim van der Poel: Dairy NZ Chair says National's emissions plan is better than current proposal, work to be done
National's plan to delay emissions pricing is being applauded in some quarters as a step in the right direction. Under the party's policy, the date farmers…
Best of BusinessWeston Kirton: Ruapehu Mayor is comfortable with proposal for Ruapehu Alpine Lifts
An end seems to be in sight to the Ruapehu Alpine Lifts saga. The skifield is in voluntary administration with the Government backing two bidders to take the…
Best of BusinessFran O'Sullivan: NZME business commentator on Prime Minister Chris Hipkins leading a trade delegation to China
Prime Minister Chris Hipkins is set to go to China at the end of the month. This trip will be the first Prime Minister-led delegation there since 2019, and…
Best of BusinessSatish Ranchhod: Westpac senior economist on retail card spending dropping across all industries
Retail card spending fell $113 million last month, compared to April - across all industries. Stats NZ data shows the largest contributor to the 1.7 percent…
Best of BusinessPaul Stenhouse: Tech - Apple unveil raft of new features and products
FaceTime on your TV Instead of gathering around a phone, or a laptop to connect with family or friends, why not gather around the biggest screen in your house…
Best of BusinessEric Crampton: NZ Initiative Chief Economist says it may be too early to read into Govt's higher than expected deficit
It may be too early to read too much into the Government's higher than expected deficit. Latest Treasury figures show the Government has recorded a $7 billion…
Best of BusinessViv Beck: Heart of the City CEO says Auckland businesses want a cost-effective, efficient council that's easier to work with
Auckland councillors will be back around the table at 10am this morning after being unable to agree on the council's budget. Mayor Wayne Brown proposed a…
Best of BusinessCarrie Hurihanganui: Auckland Airport CEO responds to claims increased landing fees could make travel less affordable
Auckland Airport's clapped back at airlines after their claims that increased landing fees could make travel less affordable. Qantas and Air New Zealand have…
Best of BusinessSam Dickie: Fisher Funds senior portfolio manager on Infratil taking control of One NZ in $1.8 billion deal
Infrastructure investment company Infratil will pay $1.8 billion to take full control of One NZ. This purchase will double Infratil’s stake in One NZ and…
Best of BusinessLiam Dann: NZ Herald business editor speculates what incoming GDP figures mean for recession
New Zealand's GDP figures will be out next week- but what will that mean for the economy? Economists are currently predicting a marginal increase in New…
Best of BusinessGreg Foran: Air New Zealand CEO on Air New Zealand and Qantas joining forces against planned Auckland Airport redevelopment
Air New Zealand and Qantas have come out swinging against Auckland Airport's planned redevelopment- calling for an urgent rethink. The pair released a joint…
Best of BusinessJames Caan: Successful British-Pakistani entrepreneur and former Dragons' Den star is bringing his new venture to NZ
If you want a sense of how the UK economy is fearing, and how to get into business, then James Caan is your man. The British-Pakistani entrepreneur went from…
Best of BusinessLoren Heaphy: ChristchurchNZ spokesperson says city has matured from post-quake status, picking up momentum
Ōtautahi Christchurch is making progress in its earthquake and pandemic recovery. Thanks to five major summer sporting events, the local economy has received…
Best of BusinessGreg Miller: Owner of Esk Valley restaurant on $8.8m of Hawke's Bay cyclone grants going unspent, to be returned to MBIE
Out of the $30 million provided to the Hawke's Bay Chamber of Commerce to help businesses stay open after the cyclone, about $8.8 million of it has been left…
Best of BusinessMaurice Williamson: Council expenditure committee chair on whether Chris Darby and Julie Fairey will vote on Airport share sale
Auckland councillors will decide today whether to sell the council's shares in Auckland Airport. Newstalk ZB's Michael Sergel told Kate Hawkesby Mayor Wayne…
Best of BusinessMaddison Burgess-Smith: Business group spokesperson on NZ Post hiking bulk mail prices by 100 percent in last five years
A group of businesses and organisations wants the Government to step in to stop postage price rises. From next month, New Zealand Post is hiking prices for…
Best of BusinessMike Cullerne: Arnott's NZ Country Director on manufacturing in New Zealand for first time in 25 years
For the first time in 25 years, Arnott's will again manufacture products in New Zealand. The company is opening its new facility in Avondale, West Auckland…
Best of BusinessBrad Olsen: Infometrics Principal Economist on National releasing their infrastructure policy at Building Nations conference
National's Chris Luxon unveiled the Party's infrastructure policy that would come into effect if elected. National launched a national infrastructure agency to…
Best of BusinessDeborah Lambie: Milford Asset Management analyst on Nvidia shares skyrocketing
Technology company Nvidia's shares have been on a strong run this year and recently surged another 24 percent. This takes the year to date increase in share…
Best of BusinessJenee Tibshraeny: NZ Herald Wellington business editor on the IRD changing guidance following criticism over promoting tax avoidance
Inland Revenue have changed their guidance on avoiding 'over-taxing', amid criticism about promoting tax avoidance. The tax department published a fact sheet…
Best of BusinessKate Hawkesby: Calling out supermarkets on dodgy pricing may work, but I'm concerned it won't
I see Consumer NZ is making a last ditch attempt to ping the supermarkets on dodgy pricing or so called specials that are not specials. They’re relying on us…
Best of BusinessCath O'Brien: BARNZ director on warnings sweet spot of passengers blindly accepting high air fares may be ending
The International Air Transport Association are warning that the sweet spot of passengers blindly accepting high air fares may be coming to an end. Demand was…
Best of BusinessChris Quin: Foodstuffs North Island CEO calls for solutions after recording almost 40 percent increase in retail crime
Grocers are calling for solutions after recording an almost 40 percent increase in North Island retail crime. Data collected from New World, PAK'nSAVE and Four…
Best of BusinessTim O'Connor: Auckland Grammar Headmaster says the Government's new vaping regulations aren't good enough
An Auckland headmaster says the Government's new vaping regulations aren't good enough. New rules include banning new vape stores near schools and marae…
Best of BusinessSirma Karapeeva: Meat Industry Association says red meat export increase is a sign of recovery, not out of the woods yet
Red meat exports are exceeding expectations despite the current financial market. The Meat Industry Association is reporting a two-percent increase in exports…
Best of BusinessStuart Davison: HighGround Dairy global dairy consultant on Synlait Milk shares increasing by 16 percent
Synlait Milk's shares surged by 16 percent after renewing their license to produce infant formula for the world's most populous nation. Investors regained…
Best of BusinessCameron Craigie: Scientist discusses chicken accounting for a third of Kiwi meals a week, beef at 22 per cent
A new study into Kiwi's meat-eating habits shows 9 in 10 of us are still meat eaters. New Zealanders seem to gravitate towards chicken over red meat, with…