Best of Business
Episodes
Brad Olsen: Infometrics Principal Economist on the new data revealing house prices need to drop by 16 percent to become affordable
02 Jul 2024
Contributed by Lukas
House prices need to fall at least another 16 percent to become anything like affordable, one forecaster says. According to the Real Estate Institute,...
Andrew Holden: News Publishers' Association Public Affairs Director explains the impact of tech companies backing away from New Zealand media
02 Jul 2024
Contributed by Lukas
One expert says Paul Goldsmith's proposed new media bill could jump-start conversations about the future of news content in New Zealand. The Broadcast...
Shane Solly: Harbour Asset Management spokesperson on Fletcher Building handing over Convention Centre project to SkyCity
01 Jul 2024
Contributed by Lukas
Fletcher Building's shares have bounced back up after the business completed and handed over part of their NZ International Convention Centre project....
Nicola Willis: Finance Minister unveils steps to ease cost of living as Government outlines third quarterly priorities
01 Jul 2024
Contributed by Lukas
The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of ...
Rob Fyfe: Former Air NZ CEO appoints CEO for new Recorp venture
01 Jul 2024
Contributed by Lukas
Former Air New Zealand CEO Rob Fyfe is set to launch his biggest - and most sustainable - business venture yet. Recorp, an aluminium canning company, ...
Simon Moutter: Kāinga Ora Chair says it was the right time for CEO Andrew McKenzie to step down
01 Jul 2024
Contributed by Lukas
Kāinga Ora's Chief Executive Andrew McKenzie will be stepping down at the end of October, with a $365,000 payout. A review has found the state housin...
Damian Spring: Santana Minerals Chief Executive on the discovery of a significant gold mine in Otago
01 Jul 2024
Contributed by Lukas
There's high hopes from Santana Minerals following the revelation of unearthed gold in Central Otago. The company's discovery on the privately owned B...
Jamie Mackay: The Country host on Denmark's plan to introduce a carbon tax on agriculture
27 Jun 2024
Contributed by Lukas
Denmark is moving ahead on plans to introduce a carbon tax on agriculture, with cattle farmers facing additional charges as a result. The bill suggest...
Liam Dann: NZ Herald business editor at large on New Zealand's economic outlook being downgraded by experts
27 Jun 2024
Contributed by Lukas
International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come. BMI predict...
Jeremy Hutton: Milford Asset Management Equities Analyst on Meridian Energy's Investor Day data
26 Jun 2024
Contributed by Lukas
Meridian Energy's Investor Day data indicates more power companies are looking to embrace growth in a changing market. New Zealand's electricity deman...
Jenee Tibshraeny: NZ Herald Wellington business editor on BNZ challenging Gloriavale over use of banking services
26 Jun 2024
Contributed by Lukas
Gloriavale has taken a knock in its battle to maintain access to banking services. BNZ has been trying to close Gloriavale's accounts for the last two...
Andrew Fairgray: 2degrees Chief Business Officer on business optimism shooting up in new Shaping Business Study (1)
26 Jun 2024
Contributed by Lukas
New Zealand's business sector seems to be taking a turn for the optimistic, according to new data from 2degrees. The latest Shaping Business Study say...
Andrew Fairgray: 2degrees Chief Business Officer on business optimism shooting up in new Shaping Business Study
26 Jun 2024
Contributed by Lukas
New Zealand's business sector seems to be taking a turn for the optimistic, according to new data from 2degrees. The latest Shaping Business Study say...
Oliver Mander: Shareholders' Association Chief Executive on the Warehouse's CEO's pay-out eclipsing falling shares
25 Jun 2024
Contributed by Lukas
There's concerns that the Warehouse's top level salaries don't match the company's declining performance. The Warehouse Group's shares fell to a rec...
Rowena Duncum: The Country producer on Synlait asking shareholders for multi-million dollar lifeline
25 Jun 2024
Contributed by Lukas
Struggling dairy manufacturer Synlait has asked shareholders to vote in favour of a $130 million lifeline from Chinese shareholder Bright Dairy. The c...
Brad Olsen: Infometrics principal economist on employment confidence dropping in latest report
25 Jun 2024
Contributed by Lukas
Kiwis’ confidence in the job market took a dive over the past three months, according to a survey conducted for Westpac. The bank reported its confi...
Mark Robinson: NZ Rugby CEO on the company posting an $8.9 million loss for 2023
25 Jun 2024
Contributed by Lukas
New Zealand Rugby has posted an $8.9 million dollar net loss for 2023 - the second deficit in a row. Although spending was reduced from the year prior...
Gavin Grey: UK correspondent on the EU and China gearing up for further talks about EV tariffs
24 Jun 2024
Contributed by Lukas
Top officials from both the EU and China have spoken about controversial EV tariffs over the weekend - and agreed to further talks. The call marks the...
Fran O'Sullivan: NZME business commentator on the problems impacting New Zealand's infrastructure
24 Jun 2024
Contributed by Lukas
It's been a bad week for infrastructure incidents, with increased pressure on the Government to find a solution. Between a Defence Force plane breakin...
Darryn Fisher: NorthChamber Chief Executive says several Northland businesses unsure if they're insured for recent power outage
24 Jun 2024
Contributed by Lukas
Northland businesses are unsure whether they'll be insured for last week's power outage. A pylon tipped over on Thursday after too many nuts were remo...
Darryn Fisher: North Chamber CEO on the impact of the Northland power outage on businesses
20 Jun 2024
Contributed by Lukas
A Northland business leader says the large power outage will significantly impact business. Widespread power outages began yesterday morning when a...
Sam Dickie: Fisher Funds expert explains the investing environment six months into 2024
20 Jun 2024
Contributed by Lukas
One expert says investors have had to pay more attention to their long-term goals this year. Ongoing inflation and changing economies have led investo...
Jamie Mackay: The Country host on Minister Shane Jones wanting to bring back live animal exports
20 Jun 2024
Contributed by Lukas
Minister Shane Jones is still keen to bring back live animal exports sooner rather than later. In an interview on The Country, Jones made it clear in ...
Liam Dann: NZ Herald business editor at large on New Zealand's GDP going up by 0.2 percent
20 Jun 2024
Contributed by Lukas
New Zealand's GDP grew 0.2 percent in March, according to new data. This officially takes the country out of a technical recession, but on a per-capit...
Chris Penk: Minister for Building and Construction on the Government's planned review into earthquake-prone buildings
20 Jun 2024
Contributed by Lukas
The Government has launched a new review designed to ensure earthquake-prone buildings are up to standard. The current NBS system has run into controv...
Liam Dann: NZ Herald Business Editor on the 0.2% rise in the GDP
19 Jun 2024
Contributed by Lukas
The news New Zealand is out of a technical recession isn't necessarily cause for celebration. Stats NZ figures show GDP rose 0.2% in the three mont...
Lisa Hopkins: Business Events Industry Aotearoa on overseas investors visiting for the Business Events trade show 'Meetings'
19 Jun 2024
Contributed by Lukas
Yesterday saw the beginning of New Zealand’s largest business events trade show. ‘Meetings’ connects overseas investors to domestic industries...
Gavin Grey: UK correspondent on UK inflation hitting 2 percent for the first time in almost 3 years
19 Jun 2024
Contributed by Lukas
Over in the UK, inflation has hit the Reserve Bank's target for the first time in nearly three years. Prices rose by 2 percent in the year to May, dow...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Prime Minister's business dealings in Japan
19 Jun 2024
Contributed by Lukas
Prime Minister Luxon's managed to find himself in hot water after some off-colour comments about previous business delegations. Ahead of his trip to J...
Susan Kilsby: ANZ agricultural economist on the latest carbon auction failing
19 Jun 2024
Contributed by Lukas
The second carbon auction of the year failed with no bids made. 4,075,700 New Zealand Units were on offer at the June auction - prompting zero interes...
Stephanie Batchelor: Milford Asset Management spokesperson on Lululemon shares plummeting 40 percent
19 Jun 2024
Contributed by Lukas
Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024. The famed athleisure brand is experiencing a dr...
Urmila Bhana: Independent Business and Residential Group chairwoman on the Greens getting caught asking to use private carparks after their cycleway impacted parking
19 Jun 2024
Contributed by Lukas
Several Greens members have been caught asking to use the private carparks belonging to Wellington retailers for a party event. These retailers were i...
Leighton Roberts: Sharesies co-founder on Nvidia surpassing Apple and Microsoft to become world's most valuable company
19 Jun 2024
Contributed by Lukas
Computer chip producer Nvidia is now the world's most valuable company - overtaking Apple and Microsoft. Shares climbed 3.5 percent on Tuesday, making...
Barry Soper: ZB senior political correspondent on Prime Minister Chris Luxon justifying the 'C-list' comments about past business delegations
19 Jun 2024
Contributed by Lukas
The Prime Minister concedes he could have used better words to describe past business delegations. Before setting off to Japan, Chris Luxon told Newst...
Dan Mitchinson: US correspondent on the CEO of Boeing being grilled in court
19 Jun 2024
Contributed by Lukas
Boeing's chief executive Dave Calhoun was questioned by members of the US Senate over the various safety issues and incidents impacting the company. C...
Paul Bloxham: HSBC CEO on Australia's Reserve Bank keeping the OCR on hold at 4.35 percent
18 Jun 2024
Contributed by Lukas
Australia's Reserve Bank has left the OCR unchanged at 4.35 percent after a lengthy deliberation process. The Bank has been waging a long-term battle ...
Jamie Mackay: The Country host on Zespri launching a campaign to encourage people to eat better
18 Jun 2024
Contributed by Lukas
Leading kiwifruit producer Zespri has launched a global campaign encouraging people to eat better in order to tackle health challenges around the worl...
Brad Olsen: Infometrics principal economist on Air New Zealand boosting travel capacity into Japan
18 Jun 2024
Contributed by Lukas
Air New Zealand has made moves to boost their travel capacity into Japan and added an additional 30,000 seats to its Tokyo route between November and ...
Carolyn Young: Retail NZ Chief Executive on buy now, pay later provider Laybuy entering receivership
18 Jun 2024
Contributed by Lukas
The end of buy now, pay later provider Laybuy is being described as sad by experts. The company has been put into receivership and services have been ...
Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving interest rates on hold at 4.35 percent
18 Jun 2024
Contributed by Lukas
There's no reprieve for Australian borrowers just yet, as the Reserve Bank decided to leave rates on hold. Australia's Official Cash Rate was held ste...
Business Panel: Porirua mayor Anita Baker and The Woolstore boss Paul Robinson on Thorndon Quay works and local councils
17 Jun 2024
Contributed by Lukas
How is the economy holding up, what on earth is happening on Thorndon Quay, and how do councils properly engage with local businesses? Those were the ...
Greg Smith: Devon Funds Management Head of Retail on food inflation easing to lowest level in five years
16 Jun 2024
Contributed by Lukas
Food inflation has eased to the lowest level since September 2018, according to new data. A report by Stats NZ says food prices fell 0.2 percent in Ma...
Robert Patman: Otago University international relations professor on the significance of Prime Minister Chris Luxon's trip to Japan
16 Jun 2024
Contributed by Lukas
Prime Minister Chris Luxon aims to spend the next few days in Japan, boosting international business opportunities. Japan is the world's fourth larg...
Jason Walls: ZB political editor on Prime Minister Luxon's trip to Japan being impacted by plane breakdown
16 Jun 2024
Contributed by Lukas
Christopher Luxon is on the ground in Japan, but his business delegation won't be touching down for another day. The Prime Minister's plane has broken...
Claire Trevett: NZ Herald political editor on Prime Minister Chris Luxon's business delegation to Japan
15 Jun 2024
Contributed by Lukas
There's hope the PM's trip to Japan could bring more investment opportunities to New Zealand. Chris Luxon, a high-ranking business delegation, and tra...
Sam Dickie: Fisher Funds expert on Apple's bid to enter the AI arms race
13 Jun 2024
Contributed by Lukas
Apple has made a plunge into the AI universe through its new offering: Apple Intelligence. The tech giant revealed how it planned to pair up with Open...
Liam Dann: NZ Herald Business editor-at-large on the Fitch ratings agency casting doubt on NZ's economy
13 Jun 2024
Contributed by Lukas
The Fitch ratings agency is casting doubts on New Zealand's economic future. The agency is considering bringing down the nation's rating, amid concern...
Louise Upston: Acting Minister for Women on the Government's new scheme to reduce the gender pay gap
13 Jun 2024
Contributed by Lukas
The Government aims to reduce the nation's gender pay gap through the development of a voluntary calculation tool. Current figures show the gap curren...
Michelle Rayer: Retirement Commission policy lead on the Commission calling for higher KiwiSaver default contribution rates
13 Jun 2024
Contributed by Lukas
The Retirement Commissioner has released a list of proposed changes to improve the KiwiSaver scheme. The list suggested the default rate for KiwiSaver...
Gavin Grey: UK correspondent on the UK economy flatlining in April
12 Jun 2024
Contributed by Lukas
New figures showed the UK economy experienced no growth in April. The region's GDP was flat for an entire month, off the back of a 0.4 percent bump in...
Michael Luke: Milford Asset Management expert on Tower Insurance increasing their profit expectations
12 Jun 2024
Contributed by Lukas
An optimistic update from Tower Insurance, as the company increased its profit expectations. This is the third projected profit upgrade for the compan...
Richard McIntyre: Federated Farmers spokesperson on the Finance Minister's planned joint inquiry into rural banking
12 Jun 2024
Contributed by Lukas
Rural communities are elated to see their repeated concerns being heard. The Finance Minister has asked the Finance and Expenditure and Primary Produc...
James Fuller: Hnry CEO on the six policies sole traders would prefer over a $20 tax credit
10 Jun 2024
Contributed by Lukas
Sole trader confidence in the government's slipped after the announcement of the fortnightly $20 tax credit. Accountancy service Hnry's most recent ...
Hamish McNicol: NBR co-editor on the Mowbray family taking the top spot in NBR's 2024 Rich List
10 Jun 2024
Contributed by Lukas
The owners of toy company Zuru have been named New Zealand's wealthiest people, the first change to the top spot in 20 years. This year's NBR Rich Lis...
Fran O'Sullivan: NZME business commentator on Chinese Premier Li Qiang visiting New Zealand for the first time in seven years
10 Jun 2024
Contributed by Lukas
Prime Minister Chris Luxon has revealed Chinese Premier Li Qiang will visit New Zealand later this week. This will be the first significant visit by...
Brent Thomas: House of Travel chief operating officer on Air New Zealand pausing flights between Auckland and New Caledonia
10 Jun 2024
Contributed by Lukas
Air New Zealand has stopped flights between Auckland and New Caledonia's Nouméa for the next few months. The airline will look to resume flights at t...
Martin Bosley: Kiwi restaurateur on the acceptable timeframe to stay at a café following Napier incident
10 Jun 2024
Contributed by Lukas
A debate about the unwritten rules of café etiquette has surfaced after an incident in Napier. Reporter Mark Story was asked to leave Napier café Sm...
Heather du Plessis-Allan: Our gas is running out faster than we ever thought it would
10 Jun 2024
Contributed by Lukas
I'm starting to get a little bit nervous about whether we are ever going to be able to attract overseas investors back into our oil and gas industry....
Todd McClay: Trade Minister on Chinese Premier Li Qiang visiting New Zealand this week
10 Jun 2024
Contributed by Lukas
The Trade Minister says it's important for the nation to strengthen its economic relationship with China. Earlier today, Prime Minister Luxon announce...
Jeremy Hutton: Milford Asset Management Equities Analyst on Tiwai Point locking in a 20-year deal
05 Jun 2024
Contributed by Lukas
A 20-year deal with Southland's Tiwai Aluminium Smelter could be good news for everyday New Zealanders. The agreement signed by Meridian, Mercury, Con...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's tax take surpassing expectations
05 Jun 2024
Contributed by Lukas
The Government's tax take has surpassed Treasury’s expectations for the first time in a while. This positive result was found to have come from effo...
Scott Pritchard: Precinct Properties chief executive confirms move into residential property through proposed Auckland CBD project
05 Jun 2024
Contributed by Lukas
Precinct Properties plans to funnel over $300 million into housing in Auckland CBD. The company has announced it'll build student accommodation of 500...
Brooke van Velden: Workplace Relations and Safety Minister on the Government's plan to change the Holidays Act
05 Jun 2024
Contributed by Lukas
The Government's drafting legislation to change the Holidays Act 2003, and will put it out for consultation in September. It'll include proposals to p...
Peter Thompson: Barfoot & Thompson managing director on May property demand soaring to highest level since 2021
05 Jun 2024
Contributed by Lukas
Auckland's largest real estate agency experienced a significant boost last month. Barfoot & Thompson's property sales for May were up 30 percent o...
Stuart Davison: dairy insights consultant on Synlait confirming over 200 suppliers plan to leave
04 Jun 2024
Contributed by Lukas
Struggling dairy processor Synlait has confirmed a significant majority of its farmer suppliers want to leave. The Canterbury-based organisation told ...
Rory Birkbeck: Safe Surfer CEO on the company striking a deal with Samsung to produce a kid-safe smartphone
01 Jun 2024
Contributed by Lukas
As technology advances, more parents have their reservations about giving their children smartphones. The rise of violent or explicit content online a...
Sam Dickie: Fisher Funds expert on Walmart, Target and Amazon introducing store-wide price cuts
30 May 2024
Contributed by Lukas
Over in the US, a slew of big-box retailers have slashed prices across their stores. Walmart, Target and Amazon are among the big names bringing down ...
Liam Dann: NZ Herald business editor at large unpacks the 2024 Budget
30 May 2024
Contributed by Lukas
One expert says the 2024 Budget was never going to be transformational, amid everything working against it. The Government unveiled their Budget today...
Nicola Willis: Finance Minister explains restrained approach behind tax package
30 May 2024
Contributed by Lukas
The Finance Minister admits the Budget could have gone further on tax cuts, but it wouldn't have been responsible. Today's documents included the Gove...
Robin Oliver: Principal of OliverShaw Tax Advisors says tax brackets haven't been moved enough in Budget 2024
30 May 2024
Contributed by Lukas
Changes to tax thresholds will help deliver tax relief to three and a half million people from the end of July. Tax expert Robin Oliver says the brack...
Sam Trethewey: Milford Asset Management Portfolio Manager on Mainfreight's financial performance
29 May 2024
Contributed by Lukas
Global logistics company Mainfreight is still meeting investor expectations, despite suffering drops in profit. It's been revealed the company posted ...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank governor upping the ante against the major banks
29 May 2024
Contributed by Lukas
Reserve Bank governor Adrian Orr has stepped up his verbal war against the big four banks. It's been revealed Orr sent a letter using 'colourful' lang...
Miles Hurrell: Fonterra CEO explains the company's 'cautious' approach to upcoming dairy season
29 May 2024
Contributed by Lukas
China's downturn and conflict in the Middle East remain front of mind for Fonterra. The dairy co-op is forecasting a Farmgate Milk Price midpoint of $...
Vhari McWha: Commerce Commission Commissioner on the predicted increase in electricity bills from new proposal
29 May 2024
Contributed by Lukas
Households can expect to pay an extra $15 per month for their power bills if a Commerce Commission proposal is confirmed. The commission regulates pri...
Tony Caughey: Smith and Caughey's chair on the 'tough' decision to close their Auckland department stores
29 May 2024
Contributed by Lukas
Flagship Auckland department store Smith and Caughey's will close down next year, after 144 years. This closure comes off the back of a 40 percent dro...
Brad Olsen: Infometrics principal economist predicts what people can expect from proposed tax cuts
28 May 2024
Contributed by Lukas
Ahead of Budget 2024, there's concern the proposed tax cuts will contribute to existing inflationary pressures. The Government has confirmed they plan...
Paul Bloxham: HSBC chief economist on the possibility of the Reserve Bank introducing another rate hike
28 May 2024
Contributed by Lukas
The Reserve Bank surprised economists by revealing they considered hiking the Official Cash Rate - and haven't ruled out further hikes either. Last we...
Jamie Mackay: The Country host on what the 2024 Budget has in store for farmers
28 May 2024
Contributed by Lukas
Ahead of Budget 2024, the rural community is holding out hope for improvement. The Government has promised more tax cuts, but it's been hinted plenty ...
Mark Wilkshire: Co-operative Bank CEO on the company's 10 percent full-year profit rise
27 May 2024
Contributed by Lukas
One of New Zealand's smallest banks has posted significant earnings amid a boost in customers and lending. The Co-operative Bank today reported a 10 p...
Shane Henderson: Auckland stadium working group chair on the two stadium options set to be investigated
27 May 2024
Contributed by Lukas
Auckland Council has moved one step closer to determining the future of the city's stadiums. Quay Park and Eden Park 2.0 are in the running, as both w...
Hilary Souter: Advertising Standards Authority Chief Executive celebrates 50 years of complaints
27 May 2024
Contributed by Lukas
The Advertising Standards Authority released its latest annual report today - celebrating 50 years of complaints from the public. The medium has grown...
Duncan Webb: Labour MP calls for action against Wilson Parking over their use of consumer data
27 May 2024
Contributed by Lukas
One Labour MP says Wilson Parking is abusing its rights - and wants the company's access to the personal information of customers revoked. Duncan Webb...
Bruce Sharrock: NZ Thoroughbred Racing chief executive on the report revealing industry contributes $1.3 billion to economy
27 May 2024
Contributed by Lukas
New Zealand Thoroughbred Racing has embraced a report revealing the industry contributes over a billion dollars to the economy. In last year's season,...
Jem Aswad: Variety Executive Music Editor on the US Department of Justice launching legal action against Ticketmaster and Live Nation
25 May 2024
Contributed by Lukas
The United States Department of Justice is suing music promoter Live Nation - claiming it's using illegal tactics to hold a monopoly over live music. ...
Claire Trevett: NZ Herald political editor previews Budget 2024
25 May 2024
Contributed by Lukas
There's been plenty of speculation ahead of the upcoming 2024 Budget, to be released May 30. The Prime Minister and the Finance Minister have promised...
Sam Dickie: Fisher Funds expert on copper prices jumping up 25 percent
23 May 2024
Contributed by Lukas
Copper prices have surged this year by 25 percent, according to new data. Copper has a broad level of demand, with plenty of industries relying on thi...
Jamie Mackay: The Country host on Zespri's growers getting paid record prices for their kiwifruit
23 May 2024
Contributed by Lukas
Kiwifruit producer Zespri’s profit has dropped 27 per cent but growers have been paid record prices for their output. Zespri reported a net profit a...
Patrick Phelps: Minerals West Coast manager on Minister Shane Jones' plan to cut mining barriers
23 May 2024
Contributed by Lukas
Advocates and experts are supporting the resource minister's plan to cut barriers to mining. Shane Jones has outlined a draft strategy for the industr...
Gavin Grey: UK correspondent on UK inflation dropping to 2.3 percent
22 May 2024
Contributed by Lukas
Over in the UK, inflation has dropped to 2.3 percent, the lowest in 3 years. It heaps pressure on the Bank of England to cut high interest rates - and...
Jeremy Hutton: Milford Asset Management Equities Analyst on Gentrack's strong market performance
22 May 2024
Contributed by Lukas
Experts say Gentrack is well placed to capture the opportunities created by changes to the utilities and airport sectors. A surging Gentrack gave the ...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank revealing they considered hiking the OCR
22 May 2024
Contributed by Lukas
The Reserve Bank left the OCR unchanged today - but people may have to hold out for rate cuts. RBNZ Governor Adrian Orr revealed the bank considered h...
Chris Bishop: Housing Minister on the Government's plan to scrap First Home Buyers Grant to fund social housing
22 May 2024
Contributed by Lukas
The Government says scrapping the First Home Grant scheme is another example of tough decisions it has to make this Budget. It has also announced $140...
Jarrod Kerr: Kiwibank economist warns there's a risk the OCR won't be cut until 2025
22 May 2024
Contributed by Lukas
An economist says there's a risk the Reserve Bank won't cut the OCR until next year. It's kept the Official Cash Rate at 5.5 percent today, unchanged ...
Jamie Mackay: The Country host on Fonterra's consumer brands experiencing uptick in demand
21 May 2024
Contributed by Lukas
Fonterra CEO Miles Hurrell says his phone's been 'running hot' following last week’s announcement. Fonterra plans to divest its consumer businesses,...
Brad Olsen: Infometrics principal economist ahead of tomorrow's OCR update
21 May 2024
Contributed by Lukas
All eyes are on the Reserve Bank, ahead of tomorrow's OCR update. The RBNZ is predicted to hold the cash rate steady at 5.5 percent - potentially ma...
Andy Bowley: Forsyth Barr Head of Research on SkyCity being forced to pay multi-million dollar penalty for breaches
21 May 2024
Contributed by Lukas
SkyCity will pay more than $4 million for breaching obligations to prevent money laundering and terrorism. A Department of Internal Affairs review fou...
Fran O'Sullivan: NZME business commentator on Chinese ambassador Wang Xiaolong issuing a warning to the nation about joining AUKUS
20 May 2024
Contributed by Lukas
Chinese ambassador Wang Xiaolong has issued a warning to New Zealand over the prospect of joining AUKUS. In a speech delivered to the China Business S...
Nicola Willis: Finance Minister aims to address the country's current structural deficit in Budget 2024
20 May 2024
Contributed by Lukas
The Finance Minster says credit agencies are still looking favourably on New Zealand, despite high debt levels. Treasury told the Government it was ru...
Joan Withers: Warehouse Group Board Chair on the company's new direction after CEO stepped down
20 May 2024
Contributed by Lukas
There's hopes a new boss will bring fresh energy to the struggling Warehouse Group. Independent non-executive director John Journee has been appointed...
Chris Bishop: Housing Minister on the multi-year shake up planned for Kāinga Ora after new review
20 May 2024
Contributed by Lukas
The Housing Minister has responded to the 'mismanagement' impacting Kāinga Ora - and enacted some changes. A high-level review of the agency has reve...