Best of Business

Dec 11 2024 2876 ep. 4 mins 11

Best of Business Podcast artwork

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.

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Jamie Mackay: The Country host on New Zealand's primary sector being expected to jump by 7 percent in 2025

Dec 11 2024 2 mins

New Zealand’s primary sector export revenue is expected to jump by 7 percent to $56.9 billion in the June 2025 year after contracting in 2024, the Ministry for Primary Industries says. MPI, in its Situation and Outlook for Primary Industries report, also expects that growth to be sustained, with revenue forecast to hit $58.3b in the June 2026 year. The Country's Jamie Macka

Liam Dann: NZ Herald business editor at large ahead of Nicola Willis' half yearly economic and fiscal update

Dec 11 2024 4 mins

The Finance Minister's set to update the country on the state of the books next week, and experts aren't feeling too optimistic. Nicola Willis will reveal whether or not the nation is still on track to reach surplus in 2027-2028. NZ Herald business editor at large Liam Dann explains why he's not feeling too hopeful about this target. LISTEN ABOVESee omnystudio.com/liste

Jeremy Hutton: Milford Asset Management Equities Analyst on the NZX winners and losers for 2024

Dec 10 2024 3 mins

2024 is nearly over - so which companies did the best on the New Zealand stock exchange for the year? Tower Insurance leads the pack, off the back of a series of upgraded earnings and regained inclusion back in the NZX50 Index. Milford Asset Management's Jeremy Hutton unpacked the winners and the losers for the year. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jenee Tibshraeny: NZ Herald Wellington business editor on the Court of Appeal allowing BNZ to close Gloriavale's bank accounts

Dec 10 2024 3 mins

A significant decision from the Court of Appeal could see Gloriavale shut down its' operations for good. The court has thrown out an injunction that prevented BNZ from closing the West Coast Christian community's accounts. BNZ attempted to stop doing business with Gloriavale in 2022, after the community's child labour usage breached its human rights policy. NZ Herald Wellington bus

Brad Olsen: Infometrics Principal Economist on card spending dropping in November

Dec 10 2024 4 mins

The latest card spending data from November indicates Kiwis are keeping their expenses down for another month. Kiwibank reports claim the value of spending dropped 2.5 percent in November and new ANZ data shows a drop of 1.2 percent year on year. Infometrics Principal Economist Brad Olsen says there's hope for the economy - as we're seeing early green shoots ahead of the Christmas

Anonymous petrol station owner: Concerned spokesperson speaks out on BNZ signalling end to fossil fuel lending

Dec 10 2024 5 mins

There's concern among petrol station owners, following BNZ signalling its lending period for fossil fuels is ending. BNZ has informed one business lending to petrol store owners will end - and the bank needs all debt repaid by 2030. The bank says it's an economic decision, as they're foreseeing people switching to electric vehicles. An anonymous owner of multiple rural

Paul Bloxham: HSBC Chief Economist on the Australian Reserve Bank leaving rates on hold for 2024

Dec 09 2024 5 mins

Australia's central bank has opted to keep rates on hold in its final meeting of 2024 - the same position it's held all year. The RBA did soften its language a bit, and revealed the board had 'some confidence' that inflation was heading back to target. HSBC Chief Economist Paul Bloxham predicted rates would come down by 2025. LISTEN ABOVESee omnystudio.com/listener for privacy info

Jamie Mackay: The Country host on farmer confidence reaching highest level since 2017

Dec 09 2024 3 mins

Following a significant lift in September, farmer confidence has surged again to the highest level since 2017. According to Rabobank's final Rural Confidence Survey for 2024, farmer confidence in the broader agri-economy has risen from 3 percent to 34 percent. The Country's Jamie Mackay unpacks the factors behind this lift. LISTEN ABOVESee omnystudio.com/listener for privacy

Ian Woolford: Reserve Bank Director of Money and Cash on Kiwis staying keen on physical money

Dec 09 2024 5 mins

Most New Zealanders are still keen on using physical cash, a new Reserve Bank consultation has found. Their online survey drew in over 18,000 respondents, with many worried digital money would replace banknotes and coins. The central bank's Director of Money and Cash, Ian Woolford, says people are worried about privacy and control when it comes to money. "It's a personal choi

Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving rates on hold

Dec 09 2024 5 mins

There's no Christmas gift for Australian mortgage holders - as the central bank has left rates unchanged again. The Reserve Bank of Australia has kept the OCR in place at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says this will come as a blow to Prime Minister Albanese - as the cost of living crisis is set to be a hot-button issue