Peter Lewis: Asia business correspondent discusses unemployment rates in China
China’s hotels are taking a hit, as a struggling economy hurts domestic spending. China’s economy has been in decline for the past 4 years, and now budget hotels are having to slash their prices despite being full. Asia business correspondent Peter Lewis told Heather duPlessis-Allan that this is partly due to unemployment rates, with 1 in 5 Chinese people under the age of 24 being unemployed. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Sam Dickie: Fisher Funds expert on the growing concerns surrounding AI investments
Artificial intelligence technology continues to attract attention from investors, but there's growing concerns over an 'AI bubble' situation. Officials at the Bank of England recently flagged the risk that tech stock prices pumped up by the AI boom could burst. Fisher Funds expert Sam Dickie explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Hamish McKay: The Country spokesperson on Winston Peters raising concerns over Fonterra deals
There's been concerns out of Parliament over Fonterra's future. Peters is asking the dairy giant questions about its proposed nearly $4 billion dollar sale of brands like Anchor and Mainland to a French company. He's laying out a number of questions, including how long the deal is, and if it's repeating mistakes from the past. The Country's Hamish McKay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Brad Olsen: Infometrics Principal Economist on the latest stats revealing Government spending has dropped
Treasury has revealed the state of the Government’s finances, and it's been revealed that spending has dropped. The country's still in an operating deficit of $9.3 billion, but tax take has gone up and growth in total expenses has slowed. Infometrics principal economist Brad Olsen unpacks what's behind this recent data. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Dr Jacqueline Rowarth: Agribusiness expert on Nestle pulling out of a global methane accord
Global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance, prompting speculation. This follows other companies backing out of climate initiatives, with the Net Zero Banking Alliance confirming it was set to shut down earlier in the week. Agribusiness expert Dr Jacqueline Rowarth says it's likely the Alliance didn't move fast enough for Nestle, and they're taking their support elsewhere. "The Alliance has not worked as well as they thought - and remember, Nestle's done some really good work around the world with regenerative agriculture, with cropping... so they're putting their money where they're actually getting action." 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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