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Best of Business

Newstalk ZB
Best of Business
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  • Best of Business

    Liam Dann: NZ Herald Business Editor on the annual inflation rate rising to 3.1%

    22/1/2026 | 7 mins.
    Inflation's officially higher than it's supposed to be.
    Latest Stats NZ data shows inflation's reached 3.1% – up from 3% at the last update three months ago.
    That's above the Reserve Bank's target range of 1 to 3%.
    The Herald's Liam Dann told John MacDonald it's also well above the Reserve Bank's forecast of 2.7%.
    He says there were hopes inflation was starting to fall again, so to see a rise like this isn't good at face value.
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  • Best of Business

    Sam Dickie: Fisher Funds expert examines the risks impacting the equity markets

    22/1/2026 | 7 mins.
    The new year is getting under way, but concerns have been raised over what investors should focus on for 2026.
    There's risks impacting the tech sector and experts are hoping things will improve going forward.
    Sam Dickie from Fisher Funds explained further.
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  • Best of Business

    Malcolm Johns: Genesis Energy CEO on what the latest operating reports mean for the winter season

    22/1/2026 | 5 mins.
    The latest operating reports by New Zealand's leading power companies indicate things are looking up.
    Both Contact Energy and Genesis Energy have confirmed hydro storage is up, meaning both companies are in a better position than expected
    Genesis Energy CEO Malcolm Johns explains what this development could mean for Kiwis ahead of the winter season.
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  • Best of Business

    Perspective with Ryan Bridge: Does JP Morgan's Jamie Dimon have a point about AI?

    22/1/2026 | 2 mins.
    If you don't know him, Jamie Dimon is the boss of JP Morgan and quite a smart guy, obviously.
    I've mentioned him a few times on this show because he's a good thinker - and says some pretty reasonable and practical things about big issues.
    He's spoken about AI and reckons we need to slow down. If we don't slow down, society, he reckons, could tear itself apart. And he's not talking about in ten years. He's talking about soon.
    In the US, there are 2 million truck drivers who could soon be out of a job when driverless trucks hit the road. That's 2 million men and women going from a pay packet of up to $150k a year to unemployed. And the skills are not transferable.
    His answer is to slow it down. Phase the technology in rather than hit society all at once, and then you'll probably have to get some Government payouts to compensate workers. Otherwise you'll get civil unrest and chaos in the streets.
    In New Zealand we have Ubers and taxis ripe for an AI takeover. The same goes for public transport.
    Robots will drive probably buses before long, which will certainly stop the violence they face in the driver's seat from nutty passengers - but it leaves them out of work without a meaningful alternative or transferable skills.
    Driverless Waymo taxis in the US are taking off and the serious crash rate is 90 percent better than humans. Go figure.
    The problem with phasing things in slowly and pumping the breaks, is that you miss out on the productivity gains. And just because you pump the breaks, it doesn't mean your competitors, and other countries, will do the same.
    So nobody's going to get in the way of progress. Which leaves us with the social problem that Jamie Dimon was getting at.
    How do we make sure the world doesn't go to hell in a hand-basket when the robots come for our jobs and livelihoods?
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  • Best of Business

    Brad Olsen: Infometrics chief executive on the reports claiming the 'brain drain' could be slowing down

    22/1/2026 | 2 mins.
    There's signs the brain drain could be slowing, according to new reports.
    A total of 67,800 citizens left the country in the year to November 2025, many for Australia - for a net loss topping 40,000.
    In the year to the November before, the net migration loss of Kiwis reached almost 44,000.
    Infometrics chief executive Brad Olsen says most trends have plateaued.
    "Instead of seeing huge numbers of Kiwis that have continued to move out - yes, they're still high, but they're not continuing to increase."
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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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