Best of Business

• Harry Mellsop: Kiwi entrepreneur on his new AI-based startup Antioch

  New Zealander Harry Mellsop has raised US$4.3 million for his start-up, Antioch, which he says brings artificial intelligence into the physical world. He explained that Antioch’s tech will allow companies to build new or better AI robots by letting them test new features in software simulations. Mellsop says this technology will help develop the autonomous driving space, drone technology, the manufacturing sector and several other key industries. "I think something that's personally surprised me is a lot of interest from smart security companies, so smart home sensors, to smart doorbells, those sorts of applications as well." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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• Sabrina Delgado: Kiwibank economist predicts economic growth for 2026

  New Zealand's economy is set to expand next year, as several key indicators point to economic recovery. Kiwibank's latest bi-annual report forecasts a 2.4 percent growth for 2026, with boosted household confidence, an improved property sector, and a stabilising labour market. The review cites low interest rates as the leading drivers of growth. Economist Sabrina Delgado says there's a broad base for recovery, which comes as relief after 2025. "We did expect a recovery to sort of start taking place in 2025 this time last year - it took some hits and had some delays and it's just now that we're starting to see the signs of recovery taking foot." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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• Nick Tuffley: ASB Chief Economist says GDP has had a strong rebound in the second half of the year

  There are signs that green shoots are starting to flourish economically. The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year. Spending was up across the board - on the likes of groceries, household items and clothes. ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound. He says they're expecting 0.8 percent for the upcoming quarter. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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• Jamie Mackay: The Country host on the projected dairy prices for 2025/2026

  The global dairy market is expected to face a period of weaker commodity prices off the back of a growth-filled 2025. According to Rabobank's Q4 Global Dairy Quarterly Report, global milk production growth is estimated to have peaked in Q3 2025. The Country's Jamie Mackay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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• Michelle Allbon: The Fractional Directory CEO on the company signing a deal with the Singapore Government

  The Singapore Government has teamed up with New Zealand-founded start-up The Fractional Directory for a new pilot programme. The project will pair fractional leaders - experienced professionals who work with multiple organisations on a flexible basis - with Singaporean companies. Company CEO Michelle Allbon says this may seem similar to consultant roles, but there's some key differences. "The different between consulting and fractional is that a fractional leader is fully embedded...we've seen this be really, really effective, it's not just giving them advice and throwing their PowerPoint over the wall." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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