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
The Reserve Bank is set to make an announcement this week, and experts are expecting at least one more cut to the OCR.
Markets are projecting the OCR will be cut down to 2.25, and they've priced it in accordingly.
Harbour Asset Management's Shane Solly explained further.
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New surveys show Auckland business confidence is on the up, with reports indicating businesses are feeling less pessimistic ahead of the new year.
Auckland Business Chamber CEO Simon Bridges says the latest November survey shows the city isn't 'out of the woods' but it's no longer 'stuck in the darkest part of the forest'.
Bridges says there's room for the economy to improve, but the OCR's coming down and farmers are making more mo...
Let's talk about Air New Zealand.
Look, if I was Air New Zealand, I would feel pretty beaten up after the weekend's opinion pieces. Bruce Cotterill wrote a piece in one newspaper complaining that if Air New Zealand want to charge as much as they do, then they have to do the job better and be on time more often.
And then, Sam Stubbs wrote a piece in another newspaper telling them to stop overcharging domestic travellers.
Now, ...
New Zealand farms and food producers appear to be outpacing other countries when it comes to reducing food waste.
A report commissioned by the Ministry of Environment reveals more than 1.2 million tonnes of food is wasted or thrown away here every year.
The total proportion of food wasted is between 5 and 10 percent - considerably lower than the global estimate of 30 to 40 percent.
University of Otago nutrition professor and report...
Up to 15,000 passengers could be disrupted if Air New Zealand cabin crew go ahead with strike action next month.
The airline's largely unionised crew plan to strike on December 8th demanding greater salaries and allowances.
The flagship carrier's assessing the potential effect on operations.
Expert and advisor to business leaders, Bruce Cotterill, says people have high expectations when it comes to Air New Zealand and CEO Nikhil Ra...
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Despite growing concerns about the AI bubble, Nvidia's shown it won't be popping any time soon.
The company's quarterly results have smashed expectations and it recorded a 22 percent jump in profit from the previous quarter.
Fisher Funds expert Sam Dickie explained further.
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Zespri has issued its November forecast for the 2025/26 kiwifruit season, and it's predicting some solid results.
At a per-hectare level, record returns are currently projected across all categories.
The Country's Jamie Mackay explained further.
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Murray Olds: Australian correspondent on Meta closing teen accounts ahead of Aussie social media ban
Australian teenagers have been warned their accounts of Facebook, Instagram and Threads will be shut down ahead of the country's incoming social media ban.
Meta has confirmed it has started notifying users between 13 and 15 years old by text, email and in-app messages that their accounts would be deactivated come December.
Australian correspondent Murray Olds says Meta has encouraged young users to download their content now,...
The Government is delaying hiking the levy most home owners pay via their private insurers to fund the Natural Hazards Commission until 2027.
The $552 levy was supposed to go up by between $207 and $311, but reports claim ministers are still considering their options, with Finance Minister Nicola Willis saying she didn't want to make a 'hurried decision'.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LIST...
The Reserve Bank is set to reveal their latest OCR update next week, but experts aren't feeling too hopeful about the economy.
GDP is down and the labour market remains weak, and many are feeling less optimistic.
Milford Asset Management's Brendan Larsen explained further.
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A warning our major political parties need to display more bipartisan planning so we don't buckle to a dwindling population and economic growth.
Business NZ's report warns a labour shortage of at least a quarter of a million is expected before 2050, and there's also a one in four chance the population doesn't grow.
Business Canterbury Chief Executive Leeann Watson told Andrew Dickens says major parties need to reach a certain...
A big turnaround for fisheries company Sanford with the reveal of their latest profits.
They’ve reported an after-tax profit of $63.7 million – a 224% increase for the year to September.
Cash flow was also up 85%, helping cut debt by nearly half to $93.4 million.
Sanford Managing Director David Mair told Mike Hosking that by focusing on customers, they’re turning the business around.
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Bold, bipartisan centred planning is key to ensuring New Zealand doesn't succumb to the effects of a dwindling population and economic growth.
A new BusinessNZ report's calling for a cross-party vision and long-term goals to strengthen the country by 2050.
It notes a labour shortage of at least a quarter of a million is expected before then, and there's also a one in four chance the population doesn't grow.
Advo...
New Zealand's largest mānuka honey producer's voted down a richlister takeover bid, leaving its fate in limbo.
Comvita received an offer of 80-cents-per-share in August from Florenz - a subsidiary of Christchurch billionaire Mark Stewart’s Masthead Limited.
Comvita CEO Karl Gradon explained how the company could bounce back.
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Prices are soaring for food staples, with prices up 4.7 percent on a year ago.
Stats NZ data for October shows cheese, instant coffee, eggs and milk had some of the largest surges.
Gas rose 14.4 percent and electricity almost 12 percent
Infometrics chief executive Brad Olsen says fruit and vegetables are cheaper - but not meat.
"A couple of months ago, right, we were talking a lot about butter. Mince is now the new butter in ...
The Government is planning to increase fines for breaching the Fair Trading Act - from 600-thousand dollars to five-million.
It is announcing a swathe of changes to crack down on businesses and individuals breaking consumer laws.
The cases could also be moved from the criminal court to the Civil Court to make prosecution easier.
Consumer NZ Chief Executive Jon Duffy told Mike Hosking that it is one of the most consequen...
New Zealand produces enough food to feed 40 million people. Some of it we consume and some some we export.
But a staggering 30% of the food we make or grow goes to waste.
Fruit and vegetables need to look a certain way to make it onto supermarket shelves – or they get tossed.
Angus Simms and his partner Katie Jackson wanted to tackle that problem - so they started Wonky Box three years ago.
This is the subs...
A shareholder vote to approve a takeover bid for Comvita has not gathered enough votes to proceed.
The bid from Florence to buy Comvita at 80 cents a share required 75% support from shareholders to go through.
Although the official vote count has not been released, we know that the numbers fall short of the margin.
Octagon Chief Investment Officer Paul Robertshawe told Heather duPlessis-Allan that anything is p...
The price of gold continues to hit new highs, and speculators are wondering whether they should invest.
Gold has seen the strongest year since the 1970s, largely thanks to volatile markets and economic uncertainty.
Fisher Funds expert Sam Dickie explained further.
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