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 BusinessJohn Fisk: PwC voluntary administrator optimistic about buyers helping Ruapehu Alpine Lifts open for 2023 season
The ski season starts in July, but Ruapehu Alpine Lifts' future remains on thin ice. The company has four potential Kiwi buyers after going into voluntary…
Best of BusinessJason Walls: ZB Political Editor on released IRD report finding wealthy pay half tax rate of average Kiwis
The wealthiest New Zealanders pay tax at half the rate of ordinary people, an IRD report has found. An IRD study into the tax rate paid by a sample of 311 New…
Best of BusinessChris Hipkins: Prime Minister says the Government is not releasing any new tax policy
The Prime Minister says the Government is not releasing any new tax policy. An Inland Revenue report released early this afternoon will estimate the effective…
Best of BusinessGeof Nightingale: PwC Partner says a new tax would be very complicated and take a long time, thinks it's highly unlikely
More information is to be released on how much the rich are paying in tax. The Inland Revenue report will estimate the effective tax rate of the country's…
Best of BusinessRobyn Walker: Deloitte Tax Partner expects IRD report to show wealthy families are paying rates lower than marginal tax rates
New research is coming out about how much tax New Zealand's rich are paying. The Inland Revenue report will estimate the effective tax rate of the wealthiest…
Best of BusinessSteven Dromgool: Money is a tricky topic with lots of different rules - what makes it so hard?
What systems work best? What questions should couples ask when talking about money? What does money mean for you? What is your safety number? What is debt…
Best of BusinessHannah McQueen: Why random stock picking can be to the detriment of your investment strategy
Hannah McQueen has been running enable.me for more than 15 years, and in that time has seen a huge change in the number of people who own shares. The…
Best of BusinessPaul Stenhouse: Apple is now a bank and goodbye Twitter's blue checkmarks
Apple is now a bank It's offering a savings account earning an extremely competitive interest rate! Their Apple Card partner Goldman Sacks is also powering…
Best of BusinessGrant Robertson: Finance Minister reveals there will no further extensions to fuel tax discount in next month's Budget
Brace for higher prices at the petrol pump. Finance Minister Grant Robertson has just confirmed to Newstalk ZB that the Government won't be extending the…
Best of BusinessSunny Kaushal: Dairy and Business Owners Group chair on top up to crime prevention fund of $9 million
Victims of retail crime are getting a further $9 million in support. Police minister Ginny Andersen has made the announcement, topping up the crime prevention…
Best of BusinessHadley Dryden: Destination Hauraki Coromandel says January's poor weather made it a tough summer for local operators
Coromandel businesses are crossing fingers for a bumper Anzac weekend after its local economy lost $30-million in the year's first quarter. A driving lottery…
Best of BusinessGreg Smith: Retail expert says the sobering news is that inflation has moved to domestic items and may not come down too quickly
Good news and sobering news has come from the latest inflation announcement. The inflation rate increased 6.7 percent in the 12 months to March. That's a slow…
Best of BusinessAimie Hines: Retail NZ spokesperson says a boost to the retail crime prevention fund gives retailers tools to prevent crimes
A boost to the retail crime prevention fund is being given the tick of approval from the retail sector. It's been given a $9 million top-up, to a total of $15…
Best of BusinessSam Dickie: Fisher Funds Senior Portfolio Manager on US House Speaker Kevin McCarthy releasing plans to raise the debt ceiling by $1.5 trillion
US House Speaker Kevin McCarthy has released plans to raise the debt ceiling by $1.5 trillion. This comes as banks are warning the US Government to bring the…
Best of BusinessLiam Dann: NZ Herald business editor at large on the lower-than-expected 6.7 inflation rate
The lower-than expected 6.7 inflation rate offers some light at the end of the tunnel. This figure is unlikely to change the current outlook, as economists are…
Best of BusinessKerre Woodham: Is a capital gains tax simply an issue of fairness?
There's been quite a bit of chat around a report that's due to come out from the IRD that looks at 400 of the wealthiest families and individuals in New…
Best of BusinessLiam Dann: NZ Herald Business Editor at Large discusses surprising CPI figure of 6.7%
A potential breath of relief for Kiwi consumers and mortgage holders has come with the release of new data. Inflation figures have come in much lower than…
Best of BusinessMark Smith: Economist says food prices and housing costs are the two major factors driving high inflation rate
Our current period of high inflation isn't over yet. Latest figures due out this morning are expected to show consumer prices rose between 6.9 percent and 7.2…
Best of BusinessSharon Zollner: Economist says inflation isn't easing here as fast as it is in other countries
Our current period of high inflation isn't over yet. Latest figures due out this morning are expected to show consumer prices rose between 6.9 percent and 7.2…
Best of BusinessDeborah Lambie: Milford Asset Management Global Equities Analyst on the start of US first quarter reporting
Over in the US, first quarter earnings reporting season has officially kicked off. Despite many US companies facing a raft of challenges between interest…
Best of BusinessJenee Tibshraeny: NZ Herald Wellington business editor on what to expect from tomorrow's inflation data
The annual inflation rate is out tomorrow, and it's expected to remain stubbornly high. Westpac economists forecast the annual inflation rate will come in at…
Best of BusinessRoman Travers: Do you really trust any government not to tinker with tax dials once an election is won?
How many times in recent decades have you heard the call for a better and fairer tax system? How many times have we heard governments saying that the tax…
Best of BusinessChristopher Staal: Founder of EC8 on world first development of system that can measure and cut plasterboard
A Hamilton technology company has created a 'world first' by developing an automation system that can measure and cut plasterboard en masse. The development…
Best of BusinessChris Luxon: National leader promises to end what he calls 'Labour's war on the farming sector
National is promising to end what it calls 'Labour's war on the farming sector'. It's announcing policy this morning promising to double the RSE worker cap to…
Best of BusinessAmy Castleton: Dairy analyst at NZX discusses first increase in Global Dairy Trade price index for two months
The Global Dairy Trade price index has recorded its first increase in two months. This morning's auction showed a 3.2 per cent climb since the last trading…
Best of BusinessPattrick Smellie: BusinessDesk commentator on upcoming studies by the IRD and the Treasury revealing how much tax the wealthiest Kiwis pay
On April 26th, New Zealanders will get to find out how much tax the wealthiest citizens pay. Separate studies by the Inland Revenue Department (IRD) and the…
Best of BusinessRobin Oliver: Tax advisor says wealthy people are paying higher effective tax rates than people on lower incomes
A new tax report has found middle income renters, without children, are paying some of the highest tax rates. The report has been conducted by OliverShaw tax…
Best of BusinessMichael Reddell: Former RBNZ economist says when the RBNZ tries to significantly reduce inflation, it's a recipe for recession
The looming recession could cut deeper than previously thought. ASB is now forecasting the economy will shrink by about two-percent by early next year, double…
Best of BusinessNick Tuffley: ASB chief economist as recession tipped to be twice as deep as earlier forecasts by bank
New Zealand’s looming recession is tipped to be twice as deep as previously thought, with Kiwis being warned to prepare for a tough rest of the year. The…
Best of BusinessRobert MacCulloch: Macroeconomics professor on International Monetary Fund's warning NZ likely to be hit in economic turndown
The International Monetary Fund is warning New Zealand is likely to be hard-hit in a global economic down-turn. Its 2023 outlook forecasts New Zealand will…
Best of BusinessAydan Apiata: Wellington café owner surprised as city left of list off world's top coffee spots
New Zealand's coffee capital has been left off the top ranking coffee destinations. Coffee company Tambia has released a list of the world's top 50 coffee…
Best of BusinessGareth Kiernan: Infometrics Chief Forecaster says the inflation cycle will be much harder to beat than previously expected
Bad news for the economy and bad news for those holding out hope for lower interest rates. Economic consultancy Infometrics says while the economy has probably…
Best of BusinessLiam Dann: NZ Herald business editor on the newly released US inflation data
US inflation data was released this morning, and the figures have surprised experts. The US CPI inflation rate slowed down to 5 percent in March, the lowest…
Best of BusinessDom Taylor: Uber Australia New Zealand Managing Director on Uber incentivising drivers to switch to electric cars
Uber is incentivising drivers to go green and slash emissions. Drivers can earn an additional $10,000 over two years if they make the switch to a fully…
Best of BusinessMark O'Donnell: CEO of Rockit Global anticipates record export volumes and biggest season yet
Despite a few setbacks, the tiny apple brand Rockit is on track for its biggest season yet. The company was facing a difficult season even before the cyclone…
Best of BusinessAntonia Watson: ANZ CEO says the bank is still passing on only a small amount of the OCR increases
Last week's OCR hike is starting to have some impact with ANZ, the country's largest bank, raising fixed and floating interest rates across the board. Chief…
Best of BusinessJeremy Hutton: Milford Asset Management Equities Analyst on the slowing housing market impacting NZX listed companies
The housing market is slowing down- and experts are claiming NZX-listed companies are being affected. Jeremy Hutton from Milford Asset Management says the…
Best of BusinessTim Dower: We aren't dangling a big enough carrot for our jobs
More questions than answers, for me, on the residency carrot finally being dangled in a desperate attempt to plug gaps in the health sector. Winter's looming…
Best of BusinessJulie White: Hospitality NZ CEO says at some point NZ should move away from the Covid settings
Covid restrictions still feel like a handbrake for the hospitality industry. The Government is not changing the seven day isolation requirement for cases for…
Best of BusinessMichael Wood: Immigration Minister expects thousands of people to arrive as a result of changes in the healthcare sector
The Immigration Minister is expecting thousands of people to arrive on our shores as a result of immigration changes in the healthcare sector. 32 new health…
Best of BusinessChris Wilkinson: First Retail Group Director says decisions around whether to isolate with Covid or not should be with employers
There has been disappointment New Zealand isn't looking to move away from mandated Covid-19 isolation. The Government is not changing the seven-day isolation…
Best of BusinessTuariki Delamere: former Immigration Minister on the Active Investor Plus visa only attracting 14 applicants in six months
A previous Immigration Minister isn't surprised at the dwindling Active Investor Plus visa applications. This visa, designed to attract wealthy individuals who…
Best of BusinessDean Kimpton: new Auckland Transport CEO plans to lift public transport use by 20 percent in the next year
Auckland Transport's new CEO wants services back to pre-Covid levels. Dean Kimpton wants to lift public transport usage by 20 percent in the next year. He says…
Best of BusinessAlistair MacGibbon: CyberCX Chief Strategy Officer warns of increasing risk of cyber attacks targeting healthcare
A cyber security firm is warning of an increasing risk of cyber attacks targeting healthcare. A CyberCX report shows it's in the top five most targeted sectors…
Best of BusinessCarmen Doran: Helius Therapeutics CEO on becoming first fully certified medicinal cannabis flower company in NZ
Helius Therapeutics is now certified to dry and finish medicinal cannabis flowers. Now the only fully certified company in the country, patients can rely on…
Best of BusinessJohn Tookey: AUT Construction Management professor on Auckland-based Scarbro Construction entering liquidation
Auckland-based Scarbro Construction has today declared insolvency and called in liquidators. The building company has stopped work on five active construction…
Best of BusinessLiam Dann: NZ Herald business editor on the unexpected increase to the OCR
The Reserve Bank hiked up the OCR higher than expected- and it shocked a lot of experts. The Official Cash Rate went up 50 basis points to 5.25 percent, the…
Best of BusinessMike's Minute: The OCR rise clearly shows our economy is failing
So here's the first realisation that we face out of the Reserve Bank's 50 basis point rise - it was 50 points. It proves, yet again, no one seems to really…
Best of BusinessSteven Joyce: Former Minister of Finance comments on how our economy will fare following OCR hike
Yesterday's 50 basis point rise of the OCR by the Reserve Bank puts us at 5.25%. It is now the 11th successive hike and is the highest level since December…
Best of BusinessTim Dower: Latest OCR rise further proves the economy will be a major election issue
Another half-percent on the OCR, which was harsher than most pundits had predicted and takes the cash rate to 5.25 percent. 11 hikes in a row now, yet…
Best of BusinessCraig Renney: Trade Unions economist would like to see OCR increases paused, so people can get used to it
A claim has come that the Official Cash Rate increase will continue to hit pockets and stretch incomes The Reserve Bank has shocked many by hiking the OCR 50…
Best of BusinessDr René de Monchy: Tourism NZ CEO weighs in on potential public-private partnership for the future of tourism
Yesterday, Former head of Tourism Industry Aotearoa and current managing director of tourism research agency Angus and Associates Chris Roberts joined the Mike…
Best of BusinessSteve Jurkovich: Kiwibank CEO says unexpected Official Cash Rate hike will knock business confidence
Tough times are expected to follow the Official Cash rate hike, which caught many by surprise. The Reserve Bank increased the OCR by 50 basis points to 5.25…
Best of BusinessCharlie Reynolds: Federated Farmers say some farmers feel like the Govt has abandoned them two months after Cyclone Gabrielle
Federated Farmers say some farmers feel like the Government has abandoned them two months after Cyclone Gabrielle. An additional $23-million has been approved…
Best of BusinessAndrew Kelleher: JMI Wealth Director says the Government needs to acknowledge its contribution to inflation
Persistent inflation has failed to be dampened down by consistent Official Cash Rate increases. The Reserve Bank has hiked it by 50 basis points to 5.25…
Best of BusinessJacqueline Rowarth: Dairy NZ director says targeted payments are the best solution to help farmers affected by Cyclone Gabrielle
Dairy NZ says targeted payments are the best solution to help farmers affected by Cyclone Gabrielle. The Government has approved an additional $23 million to…
Best of BusinessIrene Gardiner: SPDA President on Netflix series 'Sweet Tooth' bringing $66m and 1180 jobs to New Zealand
The New Zealand-filmed Netflix series Sweet Tooth generated $66 million for our GDP. And with Kiwi's making up 95 percent of crew and 80 percent of cast it…
Best of BusinessMichael Gordon: Economist predicts another hike of the OCR by the Reserve Bank today
Economists are expecting another hike of the OCR by the Reserve Bank today. Most are picking a 25 basis point rise taking it to 5 percent, this would be the…
Best of BusinessChris Roberts: Tourism expert discusses whether a public-private partnership could be the key to survival of tourism
Could a public-private partnership be the key to survival of tourism? Tourism experts are calling the sector to break away from the high-volume model of…
Best of BusinessSharon Zollner: Economist predicts OCR could rise to 5 percent, highest since December 2008
Another hike is expected for the Official Cash Rate this afternoon. Most economists think the Reserve Bank will be slightly more conservative, with a 25 basis…