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Best of Business

Newstalk ZB
Best of Business
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3924 episodes

  • Best of Business

    Jamie Mackay: The Country host explains the impact the Wattie’s closure could have on farmers

    19/03/2026 | 4 mins.
    The Wattie's restructure is likely to have a significant economic impact, where more people could be affected by the shutdown.
    Heinz Wattie's has proposed closing manufacturing facilities in Auckland, Christchurch and Dunedin, and a Hastings packing facility - impacting about 350 jobs.
    The Country's Jamie Mackay explained how the farmers and growers could be affected by this change.
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  • Best of Business

    Michael Reddell: former Reserve Bank economist on the state of the economy following recent GDP figures

    19/03/2026 | 3 mins.
    Former Reserve Bank economist Michael Reddell says it's getting harder to know how much the economy's growing or shrinking.
    Stats NZ estimates GDP rose 0.2 percent in the December quarter, below most forecasts.
    But Reddell says it's also revised the figures for previous quarters.
    He says the 0.2 for December could still potentially be revised up as high as 0.5 percent, or as low as minus 0.1.
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  • Best of Business

    Michael Luke: Milford Asset Management expert on the impacts of the ongoing conflict in Iran

    18/03/2026 | 3 mins.
    The conflict in the Middle East is continuing on for another week, and it's got experts concerned about the economic impacts.
    Iran's blocking shipping in retaliation for the US and Israel bombardment - sending oil prices spiking.
    Milford Asset Management expert Michael Luke explained how markets have continued to drop.
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  • Best of Business

    Paul Bloxham: HSBC chief economist on the RBA increasing the OCR for the second month in a row

    17/03/2026 | 6 mins.
    Over in Australia, the Reserve Bank bumped the OCR up to 4.1 percent, up by 0.25 percentage points.
    This is the second significant hike it two months, and it's got experts speculating about what this means for the economy on the whole.
    HSBC chief economist Paul Bloxham wondered what this could mean for other global markets.
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  • Best of Business

    Shane Jones: Resources Minister explains why Crown funds should be directed towards geothermal sector

    17/03/2026 | 6 mins.
    The Resources Minister is insistent Crown funds should help heat the geothermal sector.
    A Government strategy has been released on its plan to double the use of geothermal energy by 2040.
    It's also ring fenced $50 million from the Regional Infrastructure Fund for the development of geothermal energy projects.
    Resources Minister Shane Jones says it's a worthy investment.
    "The Crown stepped up to the plate in the 1950s, did an enormous amount of drilling - not always successful, but a number of those drill holes have turned into major electricity suppliers."
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About Best of Business

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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