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
As Netflix releases their results for first quarter, they've promised some new changes to the service.
The company's shares have dropped by nine percent, and speculation indicates the company could introduce ads to the service.
Milford Asset Management's Deborah Lambie explains further.
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There's been more light shined on the conflicting coverage of public sector job growth.
Labour's Chris Hipkins has justified the growth of the public sector under the previous Government- does he have a point?
NZ Herald Wellington business editor Jenee Tibshraeny explains both sides of the issue.
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New reports show Tesla is experiencing a steep decline in profits and revenue - but the company's shares jumped 10 percent.
The electric vehicle manufacturer posted a lower-than-expected $21.3 billion in revenue and 55 percent decline in profit from the first quarter of 2023.
AJ Bell financial advisor Danni Hewson says investors believe CEO Elon Musk aims to focus more attention on Tesla, with more projects in the pipeline.
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New Zealand has achieved its first trading surplus since last May.
Stats NZ trade data for March 2024 shows a monthly surplus of $588 million.
Goods exports rose 3.8 percent in March on March 2023 - driven by fruit exports, which rose $170 million.
ANZ economist Henry Russell says this is down to a post-pandemic bounce-back - and a weakening domestic economy.
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A chunk of businesses aren’t sure they'll survive this year.
A Retail NZ survey has found retailers aren't confident heading into winter and a third think they might need to close this year.
About two thirds didn't meet their first quarter sales targets.
Chief Executive Carolyn Young told Mike Hosking that the reality of where the economy is at is taking hold.
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Chinese business travellers are first priority Auckland tourism for a first-of-its-kind alliance.
Since travel resumed last year, 6% of the 210,000 Chinese tourists were here for business.
Tātaki Auckland Unlimited and Auckland Airport will work with China Southern Airlines to market their daily non-stop flights from their main hub in Guangzhou to business travellers.
Auckland Unli...
Wellington institution Cranfields is set to shut down, while the New Zealand Campus of Innovation and Sport is going from strength to strength as the training facility for the Hurricanes and the Phoenix.
The leaders of those respective businesses joined Nick Mills to talk through how things are... and the pair had quite different outlooks.
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Tomorrow's CPI data release is expected to reveal how close the Reserve Bank is to pushing down inflation.
During last week's OCR update, the Bank was confident restrictions would get CPI back to the target one-to-three percent this year.
HSBC chief economist Paul Bloxham predicts that inflation would have slowed down this quarter.
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BusinessDesk's Pattrick Smellie is off on a European sabbatical- and he's hopeful an interest rate cut could come before his return.
He outlined his predictions for the coming months here today.
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Resource Minister Shane Jones is dismissing what he calls green 'catastrophising' over coal mining.
As part of upcoming RMA amendments, Jones will remove the extra controls on consents that he says only apply to coal.
He says the industry's treated differently to other types of mineral extraction, and red tape is hurting the sector.
ZB senior political correspondent Barry Soper unpacks these new changes.
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Union workers at Fletcher subsidiary EasySteel have blamed the company's recent mismanagement for a looming restructure.
Fletcher has cited market conditions for this restructure, and jobs are on the chopping block.
First Union spokesperson Justin Wallace says 50 to 60 jobs could be scrapped.
"The interesting part is- this is not only being targeted at union members, it's also being targeted at management, marketing and other ar...
Air New Zealand has signed its largest deal yet for sustainable aviation fuel.
The airline purchased 9 million litres of fuel from provider Neste, which is expected to reduce carbon emissions up to 80 percent compared to fossil jet fuel.
Chief Sustainability Officer Kiri Hannifin supports mandating other airlines follow suit to decarbonise.
"All of aviation is required to decarbonise, so we all have to do it, and there's only ve...
The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand.
The code is designed to protect consumers without copper landline connections.
One New Zealand has been accused of failing to provide customers with a way to call 111 in a power cut.
Commissioner Tristan Gilbertson says the company would have been aware of its obligations.
"Despite having been very...
There's more details on the finances of Stuff's new agreement with Warner Brothers Discovery.
The Newshub owner signed a deal with Stuff yesterday to produce and provide a daily bulletin on TV Three from July 6, following Newshub's closure.
Stuff CEO Sinead Boucher says they'll bring over some Newshub employees, but fewer than the 40 or 50 proposed by staff.
Herald Editor-at-large Shayne Currie says Stuff is unlikely to get a cu...
The Prime Ministers of New Zealand and Singapore have agreed to streamline flows of critical supplies during crises.
Chris Luxon sat down today in Singapore with his counterpart Prime Minister Lee Hsien Loong to discuss supply chains and maintaining green economy initiatives.
NZME business commentator Fran O'Sullivan explains further.
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Prime Minister Luxon is eyeing up the opportunities and potential to be found in South East Asia.
Luxon's leading a 24 person business delegation to Singapore, Thailand, and the Philippines over the course of the week.
ZB senior political correspondent Barry Soper explains the benefits of New Zealand building more trade relationships.
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The Finance Minister's excited ahead of her trip to Washington DC.
Nicola Willis departs tomorrow for a meeting with her counterparts from Australia, the United States, Canada and the United Kingdom.
She says she's looking forward to being in the same room as Janet Yellen, who she describes as a 'Queen' of international economics and finance.
"She is an incredible person who has advised successive American presidents and been on...
Since we were last together, the collapse of television news and current affairs has continued.
And with it, we have been subjected to a lot of highfalutin thinking about the metaphysical and cultural reasons why linear TV is dying.
You know - go woke go broke. Or- this is because nobody trusts you, because you're all raving lefties.
Meanwhile, Melissa Lee has been asked what she is going to do about it, when it's obvious that t...
There's growing concern that the cuts across TVNZ and Newshub won't be the last for locally produced content.
As the nation's biggest broadcasting companies struggle with falling advertising revenue, the fate of Kiwi favourites such as Shortland Street remains uncertain.
NZ Screen Producers’ Guild President Irene Gardiner says local content plays an important role in keeping audiences together.
"It's our identity, it's our humou...
It's been a big time for job cuts, with multiple roles being slashed over the past month.
The public service has posted several high-profile job cuts, and over 300 media roles disappeared following the TVNZ and Newshub culls.
Telecommunications giants like One NZ have also laid off hundreds of workers - and the closure of Sunfed and Kate Sylvester will mean more jobs are on the chopping block.
NZ Herald business editor at large ...
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