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 BusinessRhiannon McKinnon: Kiwi Wealth CEO on adding DGL to its exclusions list in response to the derogatory comments made by Simon Henry toward Na
Founder and CEO of chemicals company DGL, Simon Henry, has criticised My Food Bag for putting an image of brand ambassador Nadia Lim in its prospectus…
Best of BusinessMike's Minute: Job numbers are a serious economic red flag
What I wasn’t expecting in yesterday's unemployment number is that it would go nowhere. Just think about it, how is that possible? Everyone was forecasting 3.1…
Best of BusinessCarrie Hurihanganui: Auckland Airport Chief Executive says about 30 percent of stores are back open
Auckland Airport is welcoming back international travellers, although most of its food and retail stores are yet to open. Vaccinated tourists can now come here…
Best of BusinessMark Riggall: Wilford Asset Management Portfolio Manager provides some Kiwisaver advice
Anyone who has checked their Kiwisaver account recently will be aware that returns have slowed down somewhat recently, with losses across funds from…
Best of BusinessSteve Saunders: Robotics Founder and CEO on primary sector using automation to combat lack of workers and wage inflation
Today Stats NZ will be releasing unemployment figures for the first quarter. Economists are predicting it will fall to a new record low, just three percent. So…
Best of BusinessFrances Valintine: Founder and CEO of Tech Futures Lab on whether we have tapped out our labour market
Many economists are tipping that unemployment will fall, some to a new record low, around the 3% mark. Suggestions are being raised that what it means though…
Best of BusinessChristopher Luxon: National Leader says he believes the public sees National as better economic managers
National says the cost of living crisis is highlighted in the latest Newshub Reid Research poll. National is up 9.2 points at 40.5 percent surpassing Labour's…
Best of BusinessJohn MacDonald: Wealth tax would be a waste of time
It’s often said that marketing plays on people’s fears. You know what I’m talking about - things like those ads on TV that talk about the house being full of…
Best of BusinessMax Rashbrooke: Victoria University researcher says there's enough big earners for a wealth tax to make a difference
A wealth researcher says there's enough big earners for a wealth tax to make a difference. Prime Minister Jacinda Ardern has ruled out introducing such a…
Best of BusinessRoger Beaumont: NZ Bankers' Association chief on submission to the Ministry calling for a more fulsome review of CCCFA
‘Not good enough’ is the summation of the Bankers’ Association when it comes to the Government's tweaks on the CCCFA. The Government put a band aid on the…
Best of BusinessMadeleine Allen: Mobile mortgage manager at Kiwibank on new 'co-own' scheme
As house prices continue to climb, Kiwibank have set up an alternative to the traditional home ownership model, to help kiwis break into the housing market…
Best of BusinessRoss Copland: Infrastructure Commission Chief Executive on report finding country needs about $31 billion annually to build our way out of o
The gaping hole in New Zealand's infrastructure may never be filled.A new report from the Infrastructure Commission has found we'd need about $31 billion…
Best of BusinessSteven Joyce: Former Finance Minister says it's risky for Jacinda Ardern to rule out introducing a wealth tax this term or next
A former National party minister says it's risky for politicians to rule things out at any stage. Prime Minister Jacinda Ardern has ruled out introducing a…
Best of BusinessKate Hawkesby: Wealth tax chat is a fishing expedition for govt
So do we have a big backflip from the PM coming? The Heralds Political Editor Claire Trevett reminded us all yesterday of Ardern’s words regarding a wealth tax…
Best of BusinessJack Tame: Is a fairer tax system on the way?
You know it must be a slow news week when tax spends so much time in the headlines. But no matter which major party finds itself in government after next…
Best of BusinessPatrick Noone: Costco managing director on expectations ahead of the store's opening
Big hype this week about Costco, the world’s largest retailer after Walmart, opening one petrol station in Auckland’s northwest. The retailer is expected to…
Best of BusinessRod Oram: Business commentator on Overseas Investment Office approval of merger between Orcon Group and 2degrees
The merger between Orcon Group (aka Vocus NZ) and 2degrees has cleared its final hurdle after the Overseas Investment Office granted consent. The deal earlier…
Best of BusinessMike's Minute: We buy houses on emotion, not logic
The most common home loan these days is one that lasts for 30 years. Think about it, chances are it's longer than you have been alive, given many of them go to…
Best of BusinessSam Dickie: Fisher Funds Senior Portfolio Manager on the big US tech companies in reporting season
It's reporting season, and a few big US tech companies have got involved. After Netflix’s stocks dropped to 45 percent last week, expectations have been low…
Best of BusinessMike Egan: Restaurant Association National President on deal to buy Nourish Group collapsing
A big upset for the hospitality sector. A multi-million dollar deal to buy Nourish Group has fallen over because overseas investors couldn’t easily travel to…
Best of BusinessRowena Duncum: The Country host on changes to winter grazing rules
Winter grazing rules have changed. One of the rules concerning re-sowing crop paddocks has been changed from November 1 to as soon as possible. A lot of the…
Best of BusinessLiam Dann: NZ Herald Business Editor at Large on the latest ANZ Business Confidence Survey
ANZ’s latest Business Confidence Survey is suggesting we’re going to face more inflationary pressure still. Unsurprisingly, confidence overall is down and…
Best of BusinessMarc Rivers: Fonterra CFO says they are pleased with government support, albeit with a few conditions
Fonterra is happy to comply with government conditions on its capital rejig. The Dairy Industry Restructuring Act needs to be changed but the Government wants…
Best of BusinessKaren Billings-Jensen: CEO of Age Concern on government trying to get older workers to stay in the workforce
The Government is trying to get more older workers to stay in the workforce and not retire. They say they have an employment action plan to try and achieve…
Best of BusinessKate Hawkesby: Even though we can travel overseas, don't rule out a domestic trip instead
I know many of you will have gone away for Easter holidays or school holidays, or perhaps be planning to go away soon given we are now finally free and able to…
Best of BusinessMike's Minute: More dangerous ideology from the Government
So, yet another red flag for you to be cognisant of. If the co-governance scandal isn't bad enough, if He Puapua isn't bad enough, if the mess the economy is…
Best of BusinessNirmal Saverimuttu: Virgin Voyages President and Chief Experience Officer following announcement cruise ship Resilient Lady to call New Zeal
Virgin Voyages has announced its newest ship Resilient Lady will be homeported in Melbourne.Richard Branson's freshly chartered cruise company has set course…
Best of BusinessNicola Willis: National finance spokesperson says David Parker is looking for tools to dream up new ways to tax people
The National Party thinks Labour just wants to tax people more. Revenue Minister David Parker is introducing a new bill focussing on principles of fairness in…
Best of BusinessTodd Charteris: Rabobank chief executive on survey finding farm workers' wages have increased by 14 percent over the last two years
A tight labour market means farm managers are having to pay their workers more to retain them. A survey by Rabobank and Federated Farmers shows farm workers’…
Best of BusinessGeof Nightingale: PWC tax partner says David Parker is setting up for a future political mandate for more capital taxes
There's belief the Government may be preparing the groundwork for a capital gains tax - if elected for another term. Revenue Minister, David Parker, has…
Best of BusinessSamir Jain: Former White House Senior Cybersecurity Director says we will have to wait and see what Elon Musk's impact on Twitter is
Elon Musk's purchase of Twitter has been met with cheers - and jeers. The billionaire added the social media giant to his empire in a deal worth $66 billion…
Best of BusinessMike's Minute: Inflation number paints a grim economic and political picture
Along with the number, came the commentary, and the commentary was the thing that clearly stung the most. Our inflation number is a disaster. 6.9 percent is…
Best of BusinessLynda Keene: Tourism Export Council chief executive says tourism industry wants restrictions at the border lifted
The tourism industry wants restrictions at the border lifted. Tourism Export Council chief executive, Lynda Keene, says many countries have opened up…
Best of BusinessPeter Lewis: Hong Kong Disney opens as Covid eases; Shanghai deaths rise
Hong Kong relaxed pandemic restrictions on Thursday, with Disneyland and museums reopening and nighttime restaurant dining resuming as the city's worst…
Best of BusinessRod Oram: Business commentator on why 6.9 percent inflation may actually be a good thing
Yesterday saw inflation figures rise to 6.9 percent. It comes after predictions of as high as 7.4 percent, which is seemingly better than the actual result…
Best of BusinessTom O'Sullivan: Campaign for Wool New Zealand chair on trying to change America's perspective on wool
Americans think wool is rough, itchy and hard to care for. New Zealand is the world's third largest exporter of wool, so a group called Campaign for Wool New…
Best of BusinessGrant Robertson: Finance Minister says the Government is doing what it can to help beneficiaries
Grant Robertson says the Government is doing what it can to help beneficiaries. The Acting Prime Minister and Finance Minister told Tim Dower that's why it's…
Best of BusinessIain MacLeod: Merchant Service Guild National Vice President as three maritime unions write joint letter to Workplace Relations Minister to
Unions are demanding for robust and enforceable health and safety national standards for our port workers. It comes after 26 year old port worker Atiroa Tauiti…
Best of BusinessKay Brereton and John Reeves: Beneficiaries advocate says government should extend fuel and public transport subsidies
Grant Robertson is being urged to help people as inflation bites. Inflation's risen to a 30-year high of 6.9 percent, there are predictions it will continue to…
Best of BusinessMichael Barnett: Auckland Business Chamber CEO warns companies they could go out of business if they don't lift prices
Companies are being warned they could go out of business, if they don't lift prices. Annual inflation's hit 6.9 percent - a 30-year high. Auckland Business…
Best of BusinessPhilip Gregan: CEO of New Zealand Winegrowers says this year's harvest is expected to be far better than 2021
There is some hope on the horizon for our wine growers. This year’s grape harvest looks to be in far better shape than what 2021 gave them. Last year’s harvest…
Best of BusinessNick Murney: Pure Oil Managing Director says they are hoping to meet demand for sunflower oil usually met by Ukraine
A Kiwi oil company is hoping to meet the demand for sunflower oil in New Zealand, which would usually be meeting by imports from Ukraine. Pure Oil currently…
Best of BusinessPeter Clarke: Bayleys luxury home and apartment specialist in Tauranga on penthouse apartment at Mount Manganui sold for $10.2m
So while the property market might be cooling in some parts of the country, this might make your eyes water. A new record has been set in Tauranga, where a…
Best of BusinessNick Flack: General Manager of Planning and Sustainability at Christchurch Airport on achieved its goal of becoming beyond carbon neutral
Christchurch Airport says it's achieved its goal of becoming beyond carbon neutral - and now it's entered into being climate positive. The airport is…
Best of BusinessChris Quin: Foodstuffs North Island chief executive says the company is trying to help customers find value
The chain that owns PaknSave, Four Square and New World says it's doing everything to help customers in the face of high inflation. Many economists are…
Best of BusinessMark Smith: ASB Economist says the big question is whether high inflation continues to next year
This morning's inflation rate will be historically high - but economists are divided on how high inflation will be, and how long it will last. Stats NZ will…
Best of BusinessRoman Travers: Inflation announcement only adds to the doom and gloom
I often wonder how different things would be for myself if I didn’t listen to the news, the news makers and those with editorial licence. Do you sometimes find…
Best of BusinessNeil Pritchard: Collision Repair Association General Manager on industry potentially losing 15 percent of its revenue this year
Our billion dollar collision repair industry could lose 15 percent of its revenue this year. Demand for parts and repairs are down 31 percent on pre-Covid…
Best of BusinessAndrew Kelleher: JMI Wealth Director says global events are weighing down global dairy prices
Global events are weighing down global dairy prices. Overall prices are down 3.6 percent at the latest Global Dairy Trade auction overnight. The all-important…
Best of BusinessDon Brash: Former Reserve Bank Governor says Adrian Orr has a major inflation issue on his plate
Inflation could spiral even higher. Reserve Bank Governor Adrian Orr admits to being caught on the back foot by supply chain woes, and the war in Ukraine. The…
Best of BusinessMichael Fox: Zespri External Relations Director on trade negotiations with Singapore
The Prime Minister re-starts in-person trade negotiations today. Jacinda Ardern sits down with Singapore's Prime Minister this afternoon. It's her first…
Best of BusinessSarah White: Tribe Recruitment Head of Digital on New Zealand's aging workforce and how to use it to our advantage
Concerns are being raised about the implications of less experienced workforces worldwide. 70 per cent of those who left work in the US during the pandemic…
Best of BusinessHannah McQueen: Climbing interest rates
Hannah McQueen gives her perspective on hiking interest rates following a rise in the OCR this week. LISTEN ABOVE See omnystudio.com/listener for privacy…
Best of BusinessChand Sahrawat: French Cafe and Cassia owner on Orange light setting change
The move to Orange setting means we can now mingle at bars, nightclubs and restaurants mask free - with no capacity or distancing requirements. It's welcome…
Best of BusinessGareth Kiernan: Infometrics Chief Economist says the Reserve Bank has needed to increase the Official Cash Rate for a while
One economist says the Reserve Bank has needed to increase the Official Cash Rate for a while. It's gone from one to 1.5 percent. Infometrics Chief Economist…
Best of BusinessFran Scholey: Central Pulse Chief Executive says there may be a bit of fear from some people when returning to live sporting events
This morning's move to Orange means an end to gathering limits for major indoor events like netball games. Central Pulse Chief Executive Fran Scholey told Mike…
Best of BusinessJarrod Harr: AUT Professor of Management on how we can keep our young talent from going offshore
Data suggests that 18-39 year olds could become a "lost generation" as a lot of our young people are planning to try their luck overseas. Questions are being…
Best of BusinessMatthew Lane: Night 'n Day General Manager says supermarket duopoly is to blame for rising food prices
The supermarket duopoly is copping blame for the highest food price rise in more than a decade. Latest figures show food prices jumped 7.6 percent in a year -…
Best of BusinessChristina Leung: NZIER principal economist says the Reserve Bank is balancing a lot of factors with OCR rise
Surprise from some economists at the size of the Official Cash Rate rise. The Reserve Bank has lifted the rate by half a percent, to 1.5 percent. NZIER…
Best of BusinessGreg Foran: Air NZ CEO says shift to Orange level is a step in the right direction
A big change in the wind for Air New Zealand. A move to Orange has meant from today domestic travellers will no longer have to be vaccinated or show a negative…