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 busi...
Best of 2024: Greens caught asking to use private carparks after their cycleway impacted parking
Several Greens members have been caught asking to use the private carparks belonging to Wellington retailers for a party event. These retailers were impacted by Green-led cycleway project, which took away on-street parking in the area. Independent Business and Residential Group chairwoman Urmila Bhana says this cycleway has negatively impacted several businesses. "Businesses are down 60, 80, 100 percent, they're either moving, closing, or heading into liquidation. And that's nothing to do with the recession, it's the carpark removal." LISTEN ABOVE See omnystudio.com/listener for privacy information.
--------
3:47
Best of 2024: Transport planner details the feasibility of new Cook Strait links
One transport planner is looking into the feasibility of a fixed link between New Zealand's two islands. KiwiRail are officially cancelling an overseas contract for building more mega-ferries, after the Government declined to foot the bill. Nicolas Reid, the Principal Public Transport Planner for MRCagney, says there are other options available to cross the Cook Strait. "There's options around the existing ferries and expanding those ferries, and also moving to a fixed link such as a bridge or a tunnel." LISTEN ABOVESee omnystudio.com/listener for privacy information.
--------
7:49
Sam Dickie: Fisher Funds expert on the US Federal Reserve adopting a hawkish outlook for 2025
Over in the US, share prices have slumped after the US Federal Reserve hinted at a slower than expected pace for rate cuts in the new year. The Federal Reserve set its key lending rate in a target range of 4.25 percent to 4.5 percent - down a full percentage point since September. Fisher Funds expert Sam Dickie explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
--------
6:55
Jamie Mackay: The Country host hints towards his ag person of the year for 2024
The Country's Jamie Mackay has been catching up with politicians and farming experts to discuss their picks for Ag Person of the Year. There's been a diverse range of favourites - but who is Jamie's? He revealed his favourites for 2024, ahead of his final show for the year. LISTEN ABOVESee omnystudio.com/listener for privacy information.
--------
3:32
Liam Dann: NZ Herald business editor at large on GDP dropping 1 percent in the September quarter
This was a dire week for the economy - but experts say things can only go up from here. Stats NZ revealed that GDP was down 1 percent in the September quarter, and had been down 1.1 percent the previous quarter. This is the biggest drop since 1991, excluding the Covid-19 lockdowns. Despite the gloomy outlook, NZ Herald business editor at large Liam Dann says this will likely be as bad as things get before things pick up. 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.