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
A Realestate.co.nz survey found that 24% of respondents bought a property without initially intending to purchase, with 8% buying spontaneously in the past year.
Agent Rawdon Christie told Heather du Plessis-Allan it's hard to believe people are really buying on a whim.
He says there's a mountain of paper work and regulations to get through before signing on the dotted line.
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Mastercard and a small handful of other companies have dominated the way money moves between banks, shops and consumers, but that could soon change.
Stablecoins have been touted as a possible disrupter - but what does that mean for people?
Fisher Funds expert Sam Dickie explains further.
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Prices continue to drop in the latest Global Dairy Trade auction, with a 4.1 percent decrease across the board.
It is the largest decline this calendar year, following a 1 percent dip from the previous auction, and is the fourth consecutive event where the average price has decreased.
The Country's Jamie Mackay explains further.
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Simeon Brown has told various Government-owned companies they must explain why they are failing to deliver their cost of equity and how they will improve their returns.
The Minister for State Owned Enterprises told several of the SOEs - including NZ Post and Landcorp - that they've been underperforming over the last few years.
Landcorp was also singled out because its CEO's pay climbed from $760,000 in 2021/22 to $927,000 in 2023/2...
The Building and Construction Minister is backing scaling back some insulation standards.
The Government's called the changes 'common sense' - with building costs rising more than 40 percent since 2019.
It's expected building code insulation requirements will be relaxed by the year's end.
Chris Penk says they add huge costs.
"Depending on where you are in the country or depending on what the conditions are or which way your house f...
2025 is halfway over - so how are the global markets holding up, and what can investors expect for the second half of the year?
Several key markets have delivered decent returns so far, but Trump's 'Liberation Day' delivered a turbulent period.
Milford Asset Management's Jeremy Hutton explained further.
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Australian mining firm Santana Minerals has forecasted making $3.8 billion (NZD) in pre-tax profit off a proposed gold mine it hopes to open in Otago by 2027.
The company believes it could get 1.25 million ounces of gold from the mine near Cromwell - and the profit is predicted to be significant if gold prices keep holding up.
Santana Minerals CEO Damian Spring says this mine will come with dividends for New Zealand, in terms of ro...
Finance Minister Nicola Willis says New Zealand has not “escaped the aftershocks of world events” as new data shows hardship rising and more Kiwis struggling to pay the bills.
Speaking to Newstalk ZB Read more
Business NZ's Advocacy Director says Invest New Zealand is looking to hire people with an array of international connections.
The government organisation's been given $85 million over four years to work with global investors to create jobs, boost innovation, and lift productivity.
Catherine Beard told Ryan Bridge potential employees should be well-connected around the world.
She says they should be looking at wher...
Canada recently scrapped its digital services tax targeting US technology firms - just hours before it was due to take effect.
Canadian Prime Minister Mark Carney and US President Donald Trump are set to re-open trade talks in order to agree on a deal by July 21, according to Canada's finance ministry.
Harbour Asset Management's Shane Solly explains further.
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Strategic Pay's latest Directors' Fees Survey has uncovered an unexpected trend in the nation's private sector boardrooms.
The data shows women are out-earning their male counterparts - despite still being somewhat under-represented.
Strategic Pay managing director Cathy Hendry says this is 'surprising' - but it's still good to see.
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The Government's slamming the requirement for builders of a new Ikea in Auckland - to consult with seven mana whenua groups.
Consent for the Sylvia Park store requires iwi consultation around erosion, stormwater treatment, and planting.
ACT's Simon Court flagged the issue, and the Prime Minister's called it insane.
RMA Reform Minister Chris Bishop says it's ridiculous - and why we can't have nice things in New Zealand.
"And i...
There's concerns not all landlords will comply with the Healthy Homes standards set to kick in tomorrow.
New rental compliance standards for heating, insulation, ventilation, and moisture in rental properties will come into effect from July 1.
NZ Green Building Council CEO Andrew Eagles says it's likely a significant percentage of homes won't meet the standard by the deadline.
"There's been an awful lot of assessments and work and ...
New reports show Nike's stock has plummeted 68 percent from its November 2021 peak.
Experts say it's a textbook 'fallen angel' - a former market darling now trading at beaten-down prices.
Sam Dickie from Fisher Funds explains further.
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New reports indicate the global housing market has entered a significant downturn.
Existing home sales have neared recessionary levels and new home sales are expected to fall.
Milford Asset Management's Brendan Larsen explains further.
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Broadband company Chorus is celebrating an endorsement from the Infrastructure Commission for its planed extension.
Chorus seeks to extend its ultrafast broadband network to another 160,000 homes and businesses at a cost of between $2.5 billion and $3 billion.
Chorus CEO Mark Aue says now is the time to boost New Zealand's rural communities.
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Halter, a New Zealand tech company specialising in virtual fencing and animal management technology, has raised $165 million in a Series D fundraising round, valuing the company at $1.65 billion.
Started in 2016, Halter’s solar-powered, smart collars were guiding thousands of cattle by sound and vibration cues, allowing farmers to get rid of fencing on paddocks.
CEO and founder Craig Piggott says the technology helps farmers be mor...
New Zealand’s largest bank is lending less cash to businesses than it was half a decade ago.
Figures from the Reserve Bank show a softening across all bank business lending since the pandemic, with ANZ the only one going backwards.
The overall growth rate across all banks has slowed to just 1.5%, down from 6% in 2013.
ANZ CEO Antonia Watson told Mike Hosking much of the drop is caused by a decrease in lending to ...
Market reactions after the US strikes on Iran have been more 'muted' than expected, especially compared to the response from a week ago.
Reports indicate investors have brushed off this escalation.
Shane Solly from Harbour Asset Management explains further.
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The Finance Minister's keeping a close eye on the economic impact of volatility in the Middle East.
Economists worry it will impact oil, driving up prices at the pump for Kiwis.
Nicola Willis says this is a concern.
"Our position now is that we support all efforts at diplomacy and de-escalation. That is good for the world."
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