Our economy was well on the way to recovery, driven by a resurgence in manufacturing, before the fuel crisis hit. 

Stats NZ data out today shows GDP rose 0.8% in both the quarter and year to March. 

Equipment manufacturing, food production, accounting and businesses services, wholesale trade, and agriculture were all doing well. 

But mining had a big drop, as well as residential and non-residential construction. 

NZ Herald Business Editor Liam Dann joined Kerre Woodham to unpack the figure. 

LISTEN ABOVE 

Our economy was well on the way to recovery, driven by a resurgence in manufacturing, before the fuel crisis hit.&nbsp;
Stats NZ data out today shows GDP rose 0.8% in both the quarter and year to March.&nbsp;
Equipment manufacturing, food production, accounting and businesses services, wholesale trade, and agriculture were all doing well.&nbsp;
But mining had a big drop, as well as residential and non-residential construction.&nbsp;
NZ Herald Business Editor Liam Dann joined Kerre Woodham to unpack the figure.&nbsp;
LISTEN ABOVE&nbsp;

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

Liam Dann: NZ Herald Business Editor on the GDP rising 0.8% in the March quarter

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dfc3078d-057e-4c0a-b909-b46d001654b8/transcript

New Zealand's exporters are seeing success, with the total value of exports adding up to $8.9bn in May. 

This is a rise of $1.4bn from last year, and red meat is the biggest driver. It's jumped 43% year on year - with frozen beef being particularly successful. 

Beef and Lamb Chair Kate Acland told Heather du Plessis-Allan that the success is due to a combination of factors. 

"High demand, low supply, and I think, you know, I have to say it is supported by a low Kiwi dollar at the moment."

LISTEN ABOVE

New Zealand's exporters are seeing success, with the total value of exports adding up to $8.9bn in May.&nbsp;
This is a rise of $1.4bn from last year, and red meat is the biggest driver. It's jumped 43% year on year - with frozen beef being particularly successful.&nbsp;
Beef and Lamb Chair Kate Acland told Heather du Plessis-Allan that the success is due to a combination of factors.&nbsp;
"High demand, low supply, and I think, you know, I have to say it is supported by a low Kiwi dollar at the moment."
LISTEN ABOVE

Kate Acland: Beef and Lamb Chair comments on red meat driving increase in exports

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7abc9b0-85cc-4ecf-8f49-b46e006eb0b6/transcript

Businesses in the capital are looking forward to more certainty, with the controversial Golden Mile project now officially canned.  

Councillors voted yesterday to scrap the CBD upgrade plan in favour of more modest upgrades. 

It follows a review last week finding further budget blowouts were likely. 

Wellington Chamber of Commerce Chief Executive Hayley Horan told Mike Hosking businesses want a more vibrant city and are now feeling like they're at the table.  

She says the years of reviews and re-scopes have been exhausting, so having a decision beats another year of limbo.  

LISTEN ABOVE 

Businesses in the capital are looking forward to more certainty, with the controversial Golden Mile project now officially canned. &nbsp;
Councillors voted yesterday to scrap the CBD upgrade plan in favour of more modest upgrades.&nbsp;
It follows a review last week finding further budget blowouts were likely.&nbsp;
Wellington Chamber of Commerce Chief Executive Hayley Horan told Mike Hosking businesses want a more vibrant city and are now feeling like they're at the table. &nbsp;
She says the years of reviews and re-scopes have been exhausting, so having a decision beats another year of limbo. &nbsp;
LISTEN ABOVE&nbsp;

Hayley Horan: Wellington Chamber of Commerce CEO on the canning of the Golden Mile project

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2fac9dbf-9d5a-4ea9-8626-b46d01515084/transcript

Kevin Warsh made his debut at the wheel of the US central bank today, and it's prompted a divided response.

The Federal Reserve unanimously voted to keep interest rates unchanged today.

Sam Dickie from Fisher Funds explained further. 

LISTEN ABOVE

Kevin Warsh made his debut at the wheel of the US central bank today, and it's prompted a divided response.
The Federal Reserve unanimously voted to keep interest rates unchanged today.
Sam Dickie from Fisher Funds explained further.&nbsp;
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on Kevin Warsh making debut as Federal Reserve chair

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2013e880-4443-4d79-baae-b46d0087a4f8/transcript

Liam Dann: NZ Herald Business Editor on the GDP rising 0.8% in the March quarter

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