Best of Business
Episodes
Chris Quin: Foodstuffs North Island CEO on the company merging its North Island and South Island co-operatives
07 Nov 2023
Contributed by Lukas
Foodstuffs, is set to apply to the Commerce Commission to merge its North Island and South Island co-operatives into one national business. The compan...
Oliver Peterson: Australian correspondent on Prime Minister Anthony Albanese visiting China to strengthen trade relations
06 Nov 2023
Contributed by Lukas
Anthony Albanese has become the first Australian Prime Minister to visit China in seven years- touching down in Shanghai yesterday. He's trying to imp...
Catherine McGrath: Westpac CEO on the company reporting a lower-than-expected $963 million dollar net profit
06 Nov 2023
Contributed by Lukas
Westpac's CEO has identified a range of reasons for its fall in profits. The bank had a $963 million net profit for the year to September, down seven ...
Katie Wesney: Enable.Me financial adviser responds to report claiming the average Auckland house deposit could reach $1 million by 2045
06 Nov 2023
Contributed by Lukas
A report has suggested the average Auckland house deposit could reach $1 million by 2045. The report was shared exclusively with One News. Enable.Me f...
Derek Handley: Aera founder on how by 2045 an average Auckland house deposit could reach $1 million
05 Nov 2023
Contributed by Lukas
A new report this morning outlines that an average Auckland house deposit could reach $1 million by 2045. Aera founder Derek Handley spoke with Mike H...
Brad Olsen: Infometrics Principal Economist on what the incoming coalition Government has planned for the economy
04 Nov 2023
Contributed by Lukas
The economy was a significant talking point this election- and remains one of the biggest issues the incoming Government is expected to sort out. The ...
Rod Oram: Business commentator on what a National-ACT-NZ First coalition means for businesses
03 Nov 2023
Contributed by Lukas
The special votes are in and officially point to a National-ACT-NZ First coalition. They all ran on a similar election promise of turning the country ...
Sam Dickie: Fisher Funds senior portfolio manager recaps the results of US quarterly result season
02 Nov 2023
Contributed by Lukas
The economic outlook in the United States is looking up. GDP in America has increased at an annual rate of 4.9 percent in the third quarter in 2023, a...
Jamie Mackay: host of The Country on shareholder confidence in New Zealand's primary sector falling to an eight-year low
02 Nov 2023
Contributed by Lukas
Shareholder confidence in New Zealand's primary sector listed companies has fallen to an eight-year low and dropped 22 percent on the 10 months since ...
Liam Dann: NZ Herald business editor at large on the incoming Government's plan for the economy
02 Nov 2023
Contributed by Lukas
The incoming National-led Government will soon have to make headway on their plans for the economy. The sector has already reported increased confiden...
Bryan Williams: BWA Insolvency managing director on their latest report stating more business failures are on the horizon
02 Nov 2023
Contributed by Lukas
A wave of business failings is expected on the horizon. BWA Insolvency's latest report shows 20 percent more business fell in the third quarter of 202...
Mark Riggall: Milford Asset Management portfolio manager on New Zealand's sharemarket declining
01 Nov 2023
Contributed by Lukas
New Zealand's sharemarket is in a steady decline, having dropped 20 percent from its January 2021 peak. The selloffs are accelerated, with a reported ...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank warning more people will default on their mortgage payments
01 Nov 2023
Contributed by Lukas
The Reserve Bank warns that mortgage stress is set to increase, with more households expected to default on payments. The banking regulator forecasts ...
Mike Lee: Auckland University marketing professor says New World's pots and pans promo is letting customers down
01 Nov 2023
Contributed by Lukas
A marketing professor thinks New World's latest pots and pans promo let customers down. Customers have been collecting stickers to claim MasterChef br...
Brad Olsen: Infometrics Principal Economist on New Zealand's unemployment figure rising to 3.9 percent
01 Nov 2023
Contributed by Lukas
Experts claim rising unemployment is necessary medicine to get inflation under control. Stats NZ says unemployment rose to 3.9 percent for the three m...
Paul Bloxham: HSBC chief economist on inflation and inward migration creating economic shocks for Australia
31 Oct 2023
Contributed by Lukas
Economists across the Tasman have noticed Australia is battling two significant economic shocks at once. Stubbornly high interest rates offset by an i...
Pattrick Smellie: BusinessDesk managing editor addresses the possibility that more businesses may collapse in the coming years
31 Oct 2023
Contributed by Lukas
The recent collapse of two high-profile Kiwi startups has raised questions about an incoming downturn for businesses and employment. Online grocery re...
Simon Eriksen: Neat Meat managing director on the company offering former Supie employees potential employment
31 Oct 2023
Contributed by Lukas
One meat supplier is offering a lifeline to Supie's displaced former employees. The grocery start-up was placed into voluntary administration, leaving...
Tania Benyon: The Warehouse Chief Product Officer calls for prompt reform action from the Grocery Commissioner
31 Oct 2023
Contributed by Lukas
The Warehouse says the Grocery Commissioner needs to chop-chop on reform. The retailer claimed an investigation into Sanitarium briefly stopping its s...
The Huddle: Did TMOs go too far in the World Cup Final?
30 Oct 2023
Contributed by Lukas
Tonight on The Huddle, current affairs commentator Josie Pagani and Kiwiblog founder and Curia pollster David Farrar joined in on a discussion about t...
Fran O'Sullivan: NZME business commentator on the incoming National-led Government's plans for the Pacific Islands Forum and APEC
30 Oct 2023
Contributed by Lukas
The incoming National-led Government is expected to step up for two key international summits. The Pacific Islands Forum and APEC are set to happen wi...
Bridget Romanes: Kiwi Launch Pad founder on receiving funding, mentorship and resourcing through Coralus
30 Oct 2023
Contributed by Lukas
Seven rising female-led New Zealand businesses are set to receive funding, resources and mentorship from Coralus. Coralus, formerly known as SheEO, ha...
Nick Hogendijk: supermarket analyst says Supie was struggling from day one before voluntary administration
30 Oct 2023
Contributed by Lukas
A promising challenger to the supermarket duopoly has dropped out of the race. Online grocer Supie has entered voluntary administration- owing an esti...
Rod Oram: Business commentator on how Fletcher Building's AGM has been going
27 Oct 2023
Contributed by Lukas
All eyes were on Fletcher Building and how shareholders would react at their AGM. Among the issues it’s dealt with recently include the Iplex pipes,...
Jamie Mackay: The Country host on new technology allowing farmers to measure methane coming from livestock
26 Oct 2023
Contributed by Lukas
Kiwi scientists have developed ground-breaking new technology that will allow farmers to measure methane emissions from cattle. Crown institute AgRese...
Sam Dickie: Fisher Funds senior portfolio manager on innovation driving global economic growth
26 Oct 2023
Contributed by Lukas
Innovation is a key driver of global economic growth- and it's moving faster than ever. Science, research, and technology have driven economic growth ...
Liam Dann: NZ Herald business editor at large on the key factors driving up living costs for Kiwi households
26 Oct 2023
Contributed by Lukas
Inflation may be coming down- but three big influences have accelerated living costs for Kiwi households. The cost of living has gone up by 7.4 perc...
Matt Cowley: Tauranga Business Chamber CEO on Mount Maunganui residents and business owners voicing opposition to parking meters
26 Oct 2023
Contributed by Lukas
A council plan to set up more paid parking at one of New Zealand's hottest summer spots has been met with community backlash. Mount Maunganui was set ...
Brad Olsen: Infometrics principal economist on the New Zealand population growing by 2.1 percent in the year to June
25 Oct 2023
Contributed by Lukas
Newly released provisional estimates from Stats NZ show the country has experience rapid population growth after two years of shrinkage. Auckland's po...
Felix Fok: Milford Asset Management Portfolio Manager explains how AI is impacting Microsoft and Google's results
25 Oct 2023
Contributed by Lukas
Big tech companies are posting strong sales results this quarter- with AI aiding this economic turnaround. ChatGPT kicked off the recent AI wave, with...
Jenee Tibshraeny: NZ Herald Wellington business editor on ANZ increasing their mortgage rates
25 Oct 2023
Contributed by Lukas
New Zealand's largest bank, ANZ, has lifted their mortgage and deposit rates by as much as 30 basis points. As of today, the bank's six-month mortgage...
Steven Joyce: former National MP on prospective Cabinet ministers selling off their shares after the election
25 Oct 2023
Contributed by Lukas
One prospective Cabinet minister appears to have learned from his predecessor's mistakes. Senior National MP Chris Bishop has sold his shares in Kiwi ...
Jamie Mackay: The Country host on new data showing the milk price cycle is on the way up
24 Oct 2023
Contributed by Lukas
New data indicates the milk price cycle may be picking up after an earlier downturn. The latest lift on October 17 saw prices move 4.3 percent, with m...
Pattrick Smellie: BusinessDesk managing editor addresses warnings from international credit ratings agencies
24 Oct 2023
Contributed by Lukas
Two warnings from international credit ratings agencies have sparked concern amongst economists. Standard and Poor expressed concern with National's p...
Tim Grafton: Insurance Council Chief Executive says Kiwis need to stop building properties in 'dumb' places as climate change intensifies
24 Oct 2023
Contributed by Lukas
The outgoing head of New Zealand's Insurance Council has advised Kiwis to stop building in 'dumb' places. Tim Grafton has spent 11 years in the role a...
Greg Smith: Devon Funds' Head of Retail on a strong quarter for American Express and falling inflation in Germany
22 Oct 2023
Contributed by Lukas
American Express have recorded a strong quarter on the back of increased retail spending, and Germany has seen a record drop in inflation. Devon Funds...
Irene King: Aviation commentator on why international airfares going up next year (1)
22 Oct 2023
Contributed by Lukas
International airfares are again set to rise next year. Capacity and engineering issues are believed to be the problem. Hawaiian Airlines recently sca...
Irene King: Aviation commentator on why international airfares going up next year
22 Oct 2023
Contributed by Lukas
International airfares are again set to rise next year. Capacity and engineering issues are believed to be the problem. Hawaiian Airlines recently sca...
Rod Oram: Business commentator previews Fletcher's expectedly tense AGM next week
20 Oct 2023
Contributed by Lukas
Fletcher has its AGM next Friday, but it’s expecting a tough time from the shareholders. It’s expected the Iplex pipes drama will be a hot topic, ...
Mike Knowles: Council of Cargo Owners chair on wanting Ports of Auckland to lift its productivity as much as its user pricers
20 Oct 2023
Contributed by Lukas
Exporters and importers are calling on Ports of Auckland to lift its efficiency and productivity by at least as much as they’re hiking their user pr...
Sam Dickie: Fisher Funds senior portfolio manager on the US experiencing rapid economic growth
19 Oct 2023
Contributed by Lukas
The US has surprised economists by reporting more rapid economic growth. The net worth of the typical US household grew at the fastest pace in more th...
Liam Dann: NZ Herald business editor at large on New Zealand's economy experiencing promised 'soft landing'
19 Oct 2023
Contributed by Lukas
Speculation hints that the post-pandemic imbalances in the economy could be working themselves out. Since mid-September, the economic numbers have sta...
Ray Chung: Wellington City Councillor defends stance on commercially-sensitive Reading Cinema deal
19 Oct 2023
Contributed by Lukas
A Wellington City Councillor is defending his comments on a commercially-sensitive Council deal. The Post reports Council is looking to buy the site w...
Brad Olsen: Infometrics Principal Economist on Stats NZ delivering more in-depth inflation data
18 Oct 2023
Contributed by Lukas
New Zealanders will get extra insight into the cost of living, as Stats NZ promises to release more up-to-date inflation data. Stats NZ will now publi...
Deborah Lambie: Milford Asset Management analyst on the uptick in strikes in 2023
18 Oct 2023
Contributed by Lukas
2023 is a big year for organised labour action. Hundreds of thousands of Americans have walked off their jobs at a rate not seen in decades, with new ...
Jenee Tibshraeny: NZ Herald Wellington business editor on insurance premiums soaring by 9.6 percent
18 Oct 2023
Contributed by Lukas
Insurance premiums are going through the roof, and Kiwis are feeling the pinch. All types of insurance costs rose by 9.6 per cent between the Septembe...
Scott Dunn: City Sales sales manager on property sales picking up since the election
18 Oct 2023
Contributed by Lukas
The election result looks to have lit a fire under the property market. Real estate agents in Wellington say business has picked up since the 'blue wa...
Max Whitehead: Small Business Voice NZ CEO says businesses are still feeling the pinch despite lowering inflation
17 Oct 2023
Contributed by Lukas
A small business advocate says companies are still feeling the pinch despite lowering inflation. The inflation rate in the year to September was 5....
Paul Bloxham: HSBC chief economist on New Zealand's annual inflation number dropping to 5.6 percent
17 Oct 2023
Contributed by Lukas
There's signs inflation in New Zealand may have passed its peak. New figures show inflation rose 5.6 percent in the year to September, down from six p...
Jarrod Kerr: Kiwibank Senior Economist says New Zealand's winning the war on inflation
17 Oct 2023
Contributed by Lukas
Belief New Zealand's winning the war on inflation. Figures out today show annual inflation rose 5.6 percent in the year to September, down from 6 perc...
Rod Oram: Business commentator on the mystery party who wants to buy Sky TV
13 Oct 2023
Contributed by Lukas
Sky TV has announced a mystery party wants to make a highly confidential offer to buy it. It comes after Sky’s own economic headwinds, with its full...
Ross Taylor: Fletcher Building CEO says Iplex Pro-fit pipe issues are down to installation, not the pipe itself
13 Oct 2023
Contributed by Lukas
Fletcher Building's dismissing claims from west Australian builder BGC about problems caused by its Iplex Pro-fit pipes. Fletcher has doubled down on ...
Sam Dickie: Fisher Funds senior portfolio manager says the Israel-Hamas conflict comes with ramifications for investors
12 Oct 2023
Contributed by Lukas
An expert warns the ongoing Israel-Hamas conflict comes with ramifications for investors. The death toll on both Palestinian and Israeli sides has rea...
Jamie Mackay: The Country host on sheep and beef profit margins being expected to fall a further 30 percent
12 Oct 2023
Contributed by Lukas
Sheep and beef farm profit margins are expected to fall a further 30 percent, according to Beef + Lamb NZ's Season Outlook. This lower profitability c...
Liam Dann: NZ Herald business editor at large on food price inflation slowing to lowest level in over a year
12 Oct 2023
Contributed by Lukas
Signs food price inflation may be turning a corner and cooling down. Stats NZ data shows food prices are 8 percent higher for the year to September- b...
Victoria Young: BusinessDesk investigations editor on Fletcher Building being in a trading halt over leaky pipes in Western Australia
12 Oct 2023
Contributed by Lukas
Pressure is mounting as Fletcher Building tries to work their way through an ongoing trading halt. The building company is trying to work out a possib...
Bryan Wilmot: Stake Chief Marketing Officer on Birkenstocks' debut on the New York stock exchange
12 Oct 2023
Contributed by Lukas
German sandal company Birkenstock experienced a disappointing debut after landing on the New York Stock exchange. The brand experienced a meteoric ris...
Max Whitehead: Employment expert on whether companies should be transparent about their salaries
12 Oct 2023
Contributed by Lukas
The question is being asked- should salaries be made public? Kiwi start-up company Tracksuit is doing just that, introducing pay transparency across i...
Frances Sweetman: Milford Asset Management Portfolio Manager explains what's fuelling the net migration surge
11 Oct 2023
Contributed by Lukas
Net migration has reached a new record high. Stats NZ says in the year to August, 110,000 more people moved to New Zealand than left. Arrivals reached...
Jenee Tibshraeny: NZ Herald Wellington business editor explains what voters can expect to pay under different parties' tax policies
11 Oct 2023
Contributed by Lukas
Taxes - and tax cuts - have turned into a political football this election. Changing income tax rates is high on the agendas of most political parties...
Shane Moore: TheSalt co-founder explains how everyday Kiwis can be encouraged to become micro-influencers
11 Oct 2023
Contributed by Lukas
A company is moving marketing to a new level by trying to use the power of everyday Kiwis. Social media business TheSalt is entering the New Zealand m...
Brad Olsen: Infometrics Principal Economist says provincial New Zealand areas will be hit harder by Kiwis leaving
11 Oct 2023
Contributed by Lukas
Provincial areas in New Zealand are feeling the impacts as growing numbers of Kiwis jet off overseas. Stats NZ says in the year to August, 110,000 mor...
Pattrick Smellie: BusinessDesk managing editor on National's plan to double New Zealand's exports in 10 years
10 Oct 2023
Contributed by Lukas
National's Chris Luxon has promised to double the value of exports in 10 years, if elected. The party also vowed to pursue Free Trade Agreements, pump...
Todd McClay: National trade and export spokesperson on Luxon promising to double the value of exports
10 Oct 2023
Contributed by Lukas
Chris Luxon is promising to double the value of New Zealand's exports in 10 years, if elected. National's also vowing to pursue Free Trade Agreements,...
Stuart Davison: Dairy Insights Consultant on Fonterra raising their farmgate milk price forecast this season
09 Oct 2023
Contributed by Lukas
Fonterra's luck seems to have turned around, as they announced a positive revised forecast. The dairy co-op has lifts its farmgate milk price- with th...
Greg Smith: Devon Funds Management market commentator reports on oil prices as conflict in Israel and Palestine unfolds
08 Oct 2023
Contributed by Lukas
Devon Funds Management market commentator Greg Smith says people are keeping a close eye on oil prices as the conflict in Israel and Palestine unfolds...
Nicola Willis: National's Deputy Leader defends the party warning of a second election
08 Oct 2023
Contributed by Lukas
National's Deputy Leader Nicola Willis is defending the party warning of a second election. The party has ramped up efforts to keep New Zealand First ...
Campbell Featherstone: Dentons Kensington Swan lawyer on more Kiwi retailers turning to facial recognition tech to stop crime
08 Oct 2023
Contributed by Lukas
More Kiwi retailers are drawn towards facial recognition technology, as crime continues to surge. A recent Retail NZ report shows the sector has suffe...
Peter Lewis: Asia business correspondent on the extraordinary cost of owning a car in Singapore
06 Oct 2023
Contributed by Lukas
Asia business correspondent Peter Lewis talked to Heather about the high costs of owning a car in Singapore, China hopes Golden Week Holiday will deli...
Liam Dann: NZ Herald business editor at large says rising mortgage rates proof our economy at mercy of global forces
05 Oct 2023
Contributed by Lukas
New Zealand's official cash rate has stayed in place at 5.5 for the last four months- yet several banks have hiked their mortgage rates. Anyone who ha...
Brendhan Greaney: Tatua chief executive on the company paying farmer suppliers a record $12.30/kgMS for this season's milk supply
05 Oct 2023
Contributed by Lukas
Independent milk processor Tatua has announced a record-shattering payout for their farmer-shareholders. The company has paid out $12.30/kgMS for milk...
Matt Tolich: Trade Me Jobs Sales Director on the new data revealing salaries have risen across the country
05 Oct 2023
Contributed by Lukas
Salaries are continuing to rise. Trade Me figures show the average salary now sits at just over $70,000. Trade Me Jobs Sales Director Matt Tolich says...
Gareth Kiernan: Infometrics chief forecaster on house prices picking up again after a 18-month slump
04 Oct 2023
Contributed by Lukas
House prices are in recovery mode after a 18-month slump, according to new data. The Reserve Bank's today held the Official Cash Rate at 5.5 percent- ...
Katlyn Parker: Milford Asset Management analyst 'unsurprised' the Reserve Bank left the OCR alone
04 Oct 2023
Contributed by Lukas
Little surprise the Official Cash Rate remains unchanged- for the time being. The Reserve Bank has today held the OCR at 5.5 percent, claiming interes...
Jenee Tibshraeny: NZ Herald Wellington business editor on Goldman Sachs criticising National's proposed tax cuts
04 Oct 2023
Contributed by Lukas
Goldman Sachs analysts have warned National's proposed tax cuts could risk worsening existing economic pressures. Andrew Boak and William Nixon believ...
Stephen Toplis: BNZ head of research predicts unemployment will rise above 5.5 percent by 2024
04 Oct 2023
Contributed by Lukas
Suggestions the wheels are falling off the economy faster than expected. The Reserve Bank today held the Official Cash Rate at 5.5 percent, with the n...
Paul Bloxham: HSBC Chief Economist on the Australian Reserve Bank holding the OCR in place for fourth month
03 Oct 2023
Contributed by Lukas
The Reserve Bank of Australia has kept the OCR on hold for the fourth month in a row. The decision to keep the cash rate at 4.1 percent is the first o...
Jamie Mackay: The Country host ahead of tonight's GDT auction
03 Oct 2023
Contributed by Lukas
Another key GDT auction is set to take place tonight, and experts have an optimistic outlook. This auction is off the back of two positive lifts in Se...
Tania Benyon: The Warehouse Chief Product Officer on Sanitarium u-turning and reinstating Weet-Bix supplies to The Warehouse
03 Oct 2023
Contributed by Lukas
Weet-Bix will soon be back in trolleys at the Warehouse. Sanitarium has reversed a decision announced last week to withhold supply - although still st...
Fran O'Sullivan: NZME business commentator on Luxon scoring higher than Hipkins in Mood of the Boardroom survey
02 Oct 2023
Contributed by Lukas
Last week's Mood of the Boardroom survey ranked National's Chris Luxon over his Labour counterpart. The survey compiled responses from more than 100 c...
Lisa Dudson: The first and last things to do when trying to tighten your belt
01 Oct 2023
Contributed by Lukas
Southern Cross health insurance premiums are set to rise as inflationary pressures bite. So what premiums can you afford to live without? Plus, what’...
Vanessa Taylor: Real estate market expert discusses report finding national average asking price stayed flat the whole of September
01 Oct 2023
Contributed by Lukas
The property market is experiencing some pre-Election jitters. It seems Kiwis are holding off on making big decisions until after D-Day - with the n...
Nicola Willis: National deputy leader says their economic plan is solid despite widespread doubts
01 Oct 2023
Contributed by Lukas
National's Deputy leader says its economic plan is solid despite widespread doubts. The party released its fiscal plan on Friday, Finance Minister ...
Peter Lewis: Trading of shares of property developer China Evergrande suspended in Hong Kong
29 Sep 2023
Contributed by Lukas
Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice ...
Hayden Wilson: Dentons chair recaps this year's Mood of the Boardroom survey
29 Sep 2023
Contributed by Lukas
No surprise at all, this year's Mood of the Boardroom survey has shown that businesses are extremely disappointed in the Labour government. But it als...
Liam Dann: NZ Herald business editor at large on Westpac hiking up their mortgage rates again
28 Sep 2023
Contributed by Lukas
Westpac has hiked their mortgage rates up again, joining Kiwibank and BNZ. From tomorrow, Westpac is lifting its standard rates for its two-year and f...
Tania Benyon: The Warehouse Chief Product Officer on Sanitarium pulling Weet-Bix products from the retailer
28 Sep 2023
Contributed by Lukas
From Saturday, a Kiwi breakfast staple will be removed from The Warehouse's cereal aisle. Sanitarium is no longer providing Weet-Bix products to any W...
Michael Dearth: Kiwi restaurateur on The Grove being named world's 11th best fine dining eatery by Tripadvisor
28 Sep 2023
Contributed by Lukas
Auckland restaurant The Grove has been named the 11th best fine dining eatery in the world, according to Tripadvisor. Tripadvisor's list measures tr...
Alan McDonald: EMA Head of Advocacy on employment confidence declining in new Westpac survey
27 Sep 2023
Contributed by Lukas
Employment confidence is declining, with workers claiming it's gotten harder to find jobs. The Westpac McDermott Miller employment confidence index fe...
Jenee Tibshraeny: NZ Herald Wellington business editor on the property market heating up in August
27 Sep 2023
Contributed by Lukas
The property market roared to life in August, according to new data. The Reserve Bank's latest mortgage lending data shows banks issued $5.8 billion...
Alistair Boyce: Owner of Wellington's Backbencher Gastropub on the police precautions for upcoming protest
27 Sep 2023
Contributed by Lukas
A Wellington business owner is incredibly frustrated over police precautions ahead of a planned protest.Brian Tamaki's Freedoms and Rights Coalition p...
Jamie Mackay: The Country host on farmers expressing concern over banks setting targets to reduce emissions
26 Sep 2023
Contributed by Lukas
Farmers have expressed alarm as some banks set targets to reduce emissions when their sector is under growing financial strain. BNZ has confirmed thei...
Pattrick Smellie: BusinessDesk managing editor on Air New Zealand struggling with ongoing plane shortage
26 Sep 2023
Contributed by Lukas
Air New Zealand is still figuring out how to deal with a shortage of planes after losing some of its fleet. The airline recently had to ground several...
Edward Miller: First Union Policy Analyst calls for direct action as nation's biggest banks rake in record profits
26 Sep 2023
Contributed by Lukas
First Union are publicly campaigning as the four big banks are raking in mega-profits. They say ANZ, ASB, BNZ and Westpac's profits have increased 80 ...
Grant Watson: Synlait chief executive on the company reporting a $4.3 million annual loss
25 Sep 2023
Contributed by Lukas
Synlait Milk has reported an annual loss of $4.3 million, following a difficult few months for the industry. The Canterbury-based milk processor repor...
Andy Baird: Z Energy Retail General Manager says consumer demand for petrol is declining as prices spike
25 Sep 2023
Contributed by Lukas
Z Energy says demand for petrol is falling substantially, due to fuel price spikes and lifestyle changes among Kiwis. Brent crude oil prices are at a ...
Liam Dann: NZ Herald business editor at large says New Zealand still in for further economic downturn following GDP data release
21 Sep 2023
Contributed by Lukas
New Zealand's economy is in the green and our technical recession is officially over. Stats NZ says the GDP rose 0.9 percent in the June quarter and 3...
Miles Hurrell: Fonterra chief executive on the company reporting a 170 percent profit increase
21 Sep 2023
Contributed by Lukas
Fonterra is reporting profit after tax of $1.6 billion dollars, up 170 percent on last year. It's reporting earnings of 95 cents per share- up from 36...
Chris Sakoufakis: Green Parrot co-owner on selling the historic Wellington diner
21 Sep 2023
Contributed by Lukas
It's the end of an era, as a Wellington cultural icon is set to go up for sale. The Green Parrot café, which first opened in 1926, has hosted celebri...
Jarrod Kerr: Kiwibank Chief Economist predicts double-dip recession following positive GDP growth
21 Sep 2023
Contributed by Lukas
Some good economic news, for now. Stats NZ figures show GDP increased 0.9 percent in the three months to June, and 3.2 percent in the year to June. Th...