Mark Robinson: NZ Rugby CEO on the body posting a $19.5 million loss
New Zealand Rugby has posted a $19.5 million loss for 2024. Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years. NZR is trumpeting record income of $285 million dollars against the loss. CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years. He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through. LISTEN ABOVE See omnystudio.com/listener for privacy information.
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6:23
Enda Brady: UK correspondent on the UK and US gearing up to announce a trade deal
New reports indicate a 'major' trade deal between the US and UK is set to be announced. US President Trump has teased that a partnership with a 'respected world nation' is in the works - and Downing Street hasn't denied that the UK isn't involved. UK correspondent Enda Brady speculates further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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3:18
Jamie Mackay: The Country host on Beef and Lamb NZ urging the Government to close carbon farming loopholes
Beef + Lamb New Zealand is urging the Government to close farming loopholes before 'more damage is done' to the sector. The organisation want loopholes in the guidance around limits on carbon forestry closed - as concerning news of further whole-farm sales emerges. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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3:21
Liam Dann: NZ Herald business editor at large speculates about Budget 2025
We're two weeks away from Budget 2025, and the Government has been dropping hints about what we can expect. Prime Minister Luxon recently confirmed the Government will increase total capital expenditure allocated in the upcoming Budget by $400 million. NZ Herald business editor Liam Dann explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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3:55
Nikki Hart: nutritionist on WeightWatchers filing for bankruptcy
It's the end of an era - as WeightWatchers files for bankruptcy after 62 years in business. The company's New Zealand arm closed in-person workshops last year, and it's seen struggles across the world as weight-loss trends change. Nutritionist Nikki Hart says the advent of injectable treatments like Ozempic has played a role in the company's downturn. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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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