Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's Building Act overhaul
Leaky-home experts fear a proposed overhaul of the Building Act could leave unlucky home owners - apartment owners in particular - in financial ruin. Under the new regime, liabilities are only assigned to the party responsible, and for many new buildings, a warranty will be required. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the concerns further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Sam Trethewey: Milford Asset Management Portfolio Manager on the market reactions to the latest OCR cut
The Reserve Bank ended the year on a hopeful note and brought down the OCR for the end of 2025. The central bank cut the Official Cash Rate another 25 basis points today - bringing it to 2.25 percent. Milford Asset Management's Sam Trethewey explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Roger Gray: Port of Auckland CEO on whether New Zealand suffers from a culture of saying no
The Port of Auckland's CEO says a 'no' culture has permeated New Zealand. Roger Gray says a cruise ship representative he spoke to in the US labelled our country 'No Zealand'. Gray says they claimed excessive regulation made things too difficult for them. He says he doesn't think it's the case in Australia. "I think Australians are a bit more optimistic and go - yeah, let's have a crack. We're a bit more sit back and a bit more conservative." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Christian Hawkesby: Reserve Bank Governor on whether Kiwis can expect more rate cuts next year
The Reserve Bank's outgoing Governor says New Zealand's economy may be doing better than we realise. The central bank has cut the OCR 25 basis points today - to 2.25 percent. Christian Hawkesby says the economy already appears to be recovering from this year's downturn. He says what's unclear - is its pace. "The recovery could be faster and stronger than we expect, because we have cut interest rates a long way and it could really start coming through quite quickly." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Paul Bloxham: HSBC chief economist ahead of tomorrow's expected cuts to the OCR
The Reserve Bank is set to deliver their final Monetary Policy Statement for 2025 tomorrow, and reports indicate the OCR will be cut further. Economists are widely expecting the OCR to drop 25 basis points to 2.25 percent - with room for further cuts down the line. HSBC chief economist Paul Bloxham speculated further. 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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