This Sunday marks a historic milestone for McDonald's New Zealand, with the franchise turning 50.

What began as a single restaurant in Porirua in 1976 has grown into a network of 177 restaurants, with thousands of employees and 53 local franchises.

McDonald’s managing director Kylie Freeland says McDonald's was initially focused on expanding out to bigger countries, but a convincing business case saw New Zealand being one of the first countries to get one.

"By 1991, we had 50 restaurants and between 1991-97, we doubled that to 100 restaurants. Today, we have 177, but we've got another 6 opening this year." 

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This Sunday marks a historic milestone for McDonald's New Zealand, with the franchise turning 50.
What began as a single restaurant in Porirua in 1976 has grown into a network of 177 restaurants, with thousands of employees and 53 local franchises.
McDonald’s managing director Kylie Freeland says McDonald's was initially focused on expanding out to bigger countries, but a convincing business case saw New Zealand being one of the first countries to get one.
"By 1991, we had 50 restaurants and between 1991-97, we doubled that to 100 restaurants. Today, we have 177, but we've got another 6 opening this year."&nbsp;
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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.

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.

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.

Best of Business

Kylie Freeland: McDonald’s managing director on McDonald’s NZ turning 50

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/42c15241-de97-4af5-a796-b461017b7be4/transcript

Crimson founder Jamie Beaton is on a mission to find and inspire the next generation of entrepreneurs.

In a joint venture with Icehouse, five high school students will be offered a fully funded scholarship to Crimson Global Academy and provided a yearlong immersive experience to pursue their entrepreneurial ambitions.

Beaton says entrepreneurship is one of the most exciting careers out there, because it helps people be creative and create future jobs. 

"I want more young Kiwis able to do this, and I want them able to do it earlier in their lives. And through my work at Crimson, I've seen many entrepreneurs who are 20 years old, 24 years old in Silicon Valley, and I want New Zealand to be this kind of startup nation."

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Crimson founder Jamie Beaton is on a mission to find and inspire the next generation of entrepreneurs.
In a joint venture with Icehouse, five high school students will be offered a fully funded scholarship to Crimson Global Academy and provided a yearlong immersive experience to pursue their entrepreneurial ambitions.
Beaton says entrepreneurship is one of the most exciting careers out there, because it helps people be creative and create future jobs.&nbsp;
"I want more young Kiwis able to do this, and I want them able to do it earlier in their lives. And through my work at Crimson, I've seen many entrepreneurs who are 20 years old, 24 years old in Silicon Valley, and I want New Zealand to be this kind of startup nation."
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Jamie Beaton: Crimson founder on the company's plan to inspire the next generation of entrepreneurs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/30a1439a-91c7-4f7a-b324-b46101801b1f/transcript

Higher mortgage rates have given the Reserve Bank a 'bit of breathing space', its chief economist says.

Paul Conway, one of the Reserve Bank committee members who voted to keep the OCR on hold last week, said the market is doing some of the work for the central bank.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

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Higher mortgage rates have given the Reserve Bank a 'bit of breathing space', its chief economist says.
Paul Conway, one of the Reserve Bank committee members who voted to keep the OCR on hold last week, said the market is doing some of the work for the central bank.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on hold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a3d266c3-69e3-402d-91c0-b45e007e1b1e/transcript

The SpaceX IPO launch is set for later this month, and experts are speculating about what it could mean for the market.

It reportedly plans to fix its IPO price at $135 per share to raise a record-setting $75 billion.

Jeremy Hutton from Milford Asset Management explained the risks ahead of the launch. 

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The SpaceX IPO launch is set for later this month, and experts are speculating about what it could mean for the market.
It reportedly plans to fix its IPO price at $135 per share to raise a record-setting $75 billion.
Jeremy Hutton from Milford Asset Management explained the risks ahead of the launch.&nbsp;
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management expert ahead of the launch of the SpaceX IPO

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c3776c43-0321-4e39-b7ec-b45e007c3a3a/transcript

Kylie Freeland: McDonald’s managing director on McDonald’s NZ turning 50

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