2,000 episodes
Best of Business Newstalk ZB
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- 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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Gavin Grey: UK correspondent on UK inflation dropping to 2.3 percent
Over in the UK, inflation has dropped to 2.3 percent, the lowest in 3 years.
It heaps pressure on the Bank of England to cut high interest rates - and gives the Government a welcome boost.
UK correspondent Gavin Grey says this drop is significant - but it's not as low as predicted.
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Jeremy Hutton: Milford Asset Management Equities Analyst on Gentrack's strong market performance
Experts say Gentrack is well placed to capture the opportunities created by changes to the utilities and airport sectors.
A surging Gentrack gave the New Zealand sharemarket and the company reporting season a positive tone with strong revenue growth and an earnings upgrade.
Milford Asset Management's Jeremy Hutton explains Gentrack's financial growth.
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Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank revealing they considered hiking the OCR
The Reserve Bank left the OCR unchanged today - but people may have to hold out for rate cuts.
RBNZ Governor Adrian Orr revealed the bank considered hiking rates past 5.5 percent, and there's still scope for a potential hike this year.
The committee also pushed out its projected timeframe for its first OCR cut from mid-2025 to around September 2025.
NZ Herald Wellington business editor Jenee Tibshraeny says today's update marked a change of tone from the bank.
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Chris Bishop: Housing Minister on the Government's plan to scrap First Home Buyers Grant to fund social housing
The Government says scrapping the First Home Grant scheme is another example of tough decisions it has to make this Budget.
It has also announced $140 million in new funding for 1500 new social housing places.
Housing Minister Chris Bishop says everyone sympathises with first home buyers, but they have to focus on a more vulnerable group of people.
"We are doing the right thing, but I'm not pretending to you it's going to be a popular decision. But this is a Budget in which we're having to make tough decisions - because we were left with a massive mess by Labour."
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Jarrod Kerr: Kiwibank economist warns there's a risk the OCR won't be cut until 2025
An economist says there's a risk the Reserve Bank won't cut the OCR until next year.
It's kept the Official Cash Rate at 5.5 percent today, unchanged over a year with seven consecutive holds.
Kiwibank's, Jarrod Kerr says there is worry it won't be cut until February.
However, his bank's outlook remains the same.
"Our forecast has inflation dropping below 3 percent by the end of the year, and I think that could still push them to cutting in November. But the risk is clearly that it's sometime next year."
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Jamie Mackay: The Country host on Fonterra's consumer brands experiencing uptick in demand
Fonterra CEO Miles Hurrell says his phone's been 'running hot' following last week’s announcement.
Fonterra plans to divest its consumer businesses, including Anchor and Mainland - overseas operations Fonterra Oceania and Fonterra Sri Lanka.
The Country's Jamie Mackay reveals which investors have been expressing interest.
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