Best of Business
Episodes
Jamie Beaton: Crimson Education founder says Jake Millar was a tall poppy and had some struggles
29 Nov 2021
Contributed by Lukas
A tragic reminder of the pressures entrepreneurs face.Founder of Unfiltered and Oompher Jake Millar died this week while working in Kenya.The 26-year-...
Fran O'Sullivan: NZME Business commentator on the battle for National Party leadership
29 Nov 2021
Contributed by Lukas
By the sounds of things, there is still bargaining going on for National Party leadership.NZME Business commentator Fran O’Sullivan told Heather du ...
Ian Douglas: Kiwi jeweller makes major leap in technique of diamond setting
29 Nov 2021
Contributed by Lukas
A Kiwi jeweller has made a huge leap in the technique of diamond setting.It’s thought to be the first major development in the field since 1886.Kiwi...
Grant Robertson: Deputy Prime Minister says the Government wanted to start with Orange during the transitional phase into Traffic Light Syst
29 Nov 2021
Contributed by Lukas
There are lots of questions over the new red and orange lights that will divide the country on Friday.Deputy Prime Minister Grant Robertson told Heath...
Juanita Neville-Te Rito: Retail X Managing Director says New Zealand is one of the most value conscious countries in the world
28 Nov 2021
Contributed by Lukas
Black Friday has morphed into Cyber Monday. Consumer advocates say that in the Black Friday sales over the weekend, more than one in 10 products had ...
Shayne Currie: Managing editor of NZ Herald on collective bargaining application by journalists to Facebook and Google
27 Nov 2021
Contributed by Lukas
This week, an application was launched by news publishers to the Commerce Commission for approval to collectively bargain with Facebook and Google ove...
Paul Stenhouse: Lush ditches social media
26 Nov 2021
Contributed by Lukas
Lush is bailing on social media They've deleted all their content from Facebook, Instagram, Snapchat and TikTok saying they'll stay off those so...
Peter Lewis: China fines tech giants over anti-monopoly violations
26 Nov 2021
Contributed by Lukas
Chinese tech giants including Alibaba Group and Tencent Holdings were fined last Saturday for failing to report corporate acquisitions, adding to an a...
Rod Oram: Business commentator on his COP26 experience and what it actually achieved
26 Nov 2021
Contributed by Lukas
Business commentator Rod Oram is back from COP26 in Glasgow.He joined Heather du Plessis-Allan to discuss his thoughts on COP26 and what he thinks the...
Damien Venuto: Herald Business Reporter on publishers looking to Commerce Commission to broker deal with tech giants over content
26 Nov 2021
Contributed by Lukas
New Zealand news publishers want to be able to negotiate a better deal with Facebook and Google, who are regularly accused of stealing their content.T...
Eve Lawrence: Haka Tourism general manager says the closure of YHA hostels is a massive blow to New Zealand tourism
26 Nov 2021
Contributed by Lukas
The closure of Kiwi YHA hostels is a massive blow to tourism.Due to financial difficulties, the eleven hostels will close from December 15.Haka Touris...
Leanne Geraghty: Air NZ Chief Customer and Sales Officer on surge of international travel bookings since MIQ announcement
25 Nov 2021
Contributed by Lukas
This week's border announcements have spurred a surge of international travel bookings. Air New Zealand's seen 25-thousand international flight booki...
Adrian Orr: Reserve Bank Governor on interest rate hike, house prices
25 Nov 2021
Contributed by Lukas
Adrian Orr thinks house prices will drop over the next year. The Reserve Bank Governor and his colleagues have increased the Official Cash Rate to po...
Greg Harford: Retail NZ Chief Executive hopeful Black Friday sales will give retail sector much-needed boost
25 Nov 2021
Contributed by Lukas
The retail sector is in for a much-needed boost today. The industry is set to make about 270-million dollars from Black Friday sales. Retail NZ Ch...
Jordan Tini: Tech commentator on how not to get duped by Black Friday sales
25 Nov 2021
Contributed by Lukas
Black Friday is tomorrow, but it feels like most of the sales have started. So what products are worth buying tomorrow? And how do we not end up ge...
Eve Lawrence: Haka Tourism General Manager on bagging international travellers isolation requirement
24 Nov 2021
Contributed by Lukas
There's disappointment overseas visitors will still need to self-isolate next year. Fully vaccinated travellers will be able to come here, bypassing...
Andrew Kelleher: JMI Wealth director on house price rollercoaster ride following OCR rise
24 Nov 2021
Contributed by Lukas
A rollercoaster ride for house prices is expected following a lift to the Official Cash Rate. The Reserve Bank has raised the rate to .75 percent. J...
Kirk Hope: Business New Zealand Chief Executive on Government's plan to broaden ACC, bring in Social Unemployment Insurance
24 Nov 2021
Contributed by Lukas
A plan for a Social Unemployment Insurance scheme is set to be released by the Government and could be a saving grace for those unemployed. It woul...
Mike Lee: Associate professor of Marketing at Auckland University discusses Lush deleting all their social media
24 Nov 2021
Contributed by Lukas
Cosmetics brand Lush has removed of all its social media platforms, including Instagram, Facebook and Snapchat. The retailer says social media is a...
Hamish Rutherford: Herald Wellington business editor on resignation of Kiwirail chief Greg Miller
24 Nov 2021
Contributed by Lukas
Kiwirail Group chief executive Greg Miller has resigned, effective immediately, due to the distraction of allegations in the media, which he denies....
Chris Meehan: Winton CEO on Kāinga Ora turning down development in south Auckland
24 Nov 2021
Contributed by Lukas
The developer of a big new housing development in south Auckland is disappointed and surprised that it got turned down by Kāinga Ora. The develo...
Tony Alexander: Independent economist says Official Cash Rate is going up too slowly
24 Nov 2021
Contributed by Lukas
A suggestion the Official Cash Rate is going up too slowly. The Reserve Bank has lifted it to 0.75 percent, up from 0.5. Independent economist Ton...
Marty Very: Rotorua Red Stag Timber on giving wage subsidy to every vaccinated employee
24 Nov 2021
Contributed by Lukas
In an interesting move from Rotorua's Red Stag Timber, the company will pay back the wage subsidy it received last year, but not to the taxpayer. ...
Brad Olsen: Infometrics' Senior Econimist ahead of Reserve Banks decision on the Official Cash Rate
24 Nov 2021
Contributed by Lukas
Jamie Gray's piece in Monday's New Zealand Herald detailed what the Reserve Bank will do with the $55 billion in New Zealand Government bonds now Quan...
Michael Wood: Workplace Relations Minister - Vaccine pass system relying on trust, not enforcement
23 Nov 2021
Contributed by Lukas
An admission from the Government, that the "vaccine pass" system will rely on trust, rather than enforcement. Under the traffic light system, vaccine...
Sue Tierney: Mortgage broker on rising interest rates ahead of Reserve Bank raising the Official Cash Rate
23 Nov 2021
Contributed by Lukas
Interest rates are set to rise again, with the Reserve Bank tipped to raise the Official Cash Rate this afternoon. The central bank is releasing its ...
Rachel Maidment: NZ China Council Executive Director on New Zealand being a transit for Asia and South America trade, bringing in billions
23 Nov 2021
Contributed by Lukas
New Zealand is set to reap billions of dollars in benefits, thanks to a new travel and trade route. A New Zealand China Council-commissioned report h...
Ben Peterson: First Union retail organiser on Countdown staff being forced to take the jab
23 Nov 2021
Contributed by Lukas
Another major retailer is making vaccination mandatory for staff. Countdown has announced it will require all staff to be jabbed by January 10, follo...
Paul Bloxham: HSBC chief economist on effects of quarantine-free travel for Australia
23 Nov 2021
Contributed by Lukas
Australia is reopening its border to vaccinated international arrivals on work and student visas, as well as working holiday makers, from December. ...
Brad Olsen: Infometrics economist on retail spending fall during lockdown
23 Nov 2021
Contributed by Lukas
The lockdown was always going to leave a gaping hole for retailers, but how big was the question. Now the verdict is in. Retail spending volumes f...
David Coombes: Flight Centre New Zealand managing director on Air New Zealand cancelling 1000 flights with Australia
23 Nov 2021
Contributed by Lukas
Fresh calls from the opposition today to at least open the borders to Australia to allow Kiwi families to reunite for Christmas. Chris Hipkins adm...
Wayne Butson: General Secretary and the Rail and Maritime Transport Union on KiwiRail strike just as Auckland borders reopen
23 Nov 2021
Contributed by Lukas
Just as the Auckland borders will reopen, KiwiRail workers will strike. The union has announced it'll paralyse the network, including trains and ferr...
Michael Barnett: Auckland Chamber of Commerce chief on which businesses can enforce Covid-19 vaccine mandates
23 Nov 2021
Contributed by Lukas
The Government will release guidelines around vaccine mandates by mid-December that will help all businesses to figure out whether or not they can for...
Grant Robertson: Deputy Prime Minister and Finance Minister on hairdresser and barbers opening, hospitality still shut
23 Nov 2021
Contributed by Lukas
The whole country will move to the traffic lights system from next Friday, December 3. Bars, restaurants, gyms will only be open to vaccinated patron...
Andrew Kelleher: JMI Wealth Director on Marsden Point oil refinery change to fuel-import terminal
22 Nov 2021
Contributed by Lukas
It could take years to know the full impact of the decision to stop refining oil at Whangārei's Marsden Point. The oil refinery will convert into ...
Julie Evans: Chief Executive of salon chain Rodney Wayne on salon's readiness for Thursday reopening
22 Nov 2021
Contributed by Lukas
Auckland hairdressers are roaring and ready to reopen. Salons can re-open on Thursday and will be the first industry to trial the new Covid Vaccine P...
Grant Robertson: Deputy Prime Minister on country's level status based on jab rate
22 Nov 2021
Contributed by Lukas
Monday will bring final decisions about what Covid restrictions apply where, over the Christmas and summer period. The traffic light system will ...
Viv Beck: "We want to see increased police presence and resourcing on the street"
22 Nov 2021
Contributed by Lukas
Concerned residents are comparing the current state of the Auckland CBD to a crime ridden New York City in the 1980's. With an open letter to Chloe S...
Diversity and resilience: John Carnegie on the closure of Marsden Point Refinery
22 Nov 2021
Contributed by Lukas
Refining New Zealand has confirmed it will close its Marsden Point refinery in the first quarter of next year. Instead, Marsden point will be used a...
Richard Hanson: Aotea Gifts Director on Government's 'measured, slow' approach to Covid-hit Auckland businesses
18 Nov 2021
Contributed by Lukas
An Auckland business leader is cautiously optimistic after meeting with Grant Robertson. The Deputy Prime Minister met with businesses in the Covid-r...
Jung Chun: Business doctor on the growing number of rage-quitters
17 Nov 2021
Contributed by Lukas
According to a Linked In survey, rage-quitting is becoming a thing. A poll of 100 workers found a third of them recently either quit in a rage or...
Emma Scott: Tribe Recruitment says businesses are forced to be more flexible to retain staff
03 Nov 2021
Contributed by Lukas
The unemployment rate has dropped to 3.4% - matching a record low in December 2007. Wages have gone up 2.5% which is still well-off inflation...