Woolworths have recently launched their Everyday Rewards scheme set to replace Onecards.

This development comes as consumer advocates have voiced concerns about the returns on loyalty programs, encouraging consumers to shop around for deals.

Woolworths Director of Digital and Loyalty, Mark Wolfenden, disagrees, claiming Everyday Rewards is 'very generous'.

"It's part of our commitment to offering Kiwis more value and better ways to shop, and we've got a multi-million dollar increase in rewards as part of the new program."

LISTEN ABOVE

Woolworths have recently launched their Everyday Rewards scheme set to replace Onecards.
This development comes as consumer advocates have voiced concerns about the returns on loyalty programs, encouraging consumers to shop around for deals.
Woolworths Director of Digital and Loyalty, Mark Wolfenden, disagrees, claiming Everyday Rewards is 'very generous'.
"It's part of our commitment to offering Kiwis more value and better ways to shop, and we've got a multi-million dollar increase in rewards as part of the new program."
LISTEN ABOVE

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

Mark Wolfenden: Woolworths Director of Digital and Loyalty defends latest Everyday Rewards scheme

There's hesitation around moves to beef up regulations guiding electricity gentailers.

From July, the big four gentailers mustn't give their retail arms better deals on power contracts than independent companies.

Penalties for serious breaches are also ramping up. 

Electric Kiwi CEO Huia Burt says this is a good start, but she sees a remaining problem.

"We're asking those gentailers to act in a way that is in opposition to their commercial incentives, and those are - keep supply tight, keep competition out and keep prices high." 

LISTEN ABOVE

There's hesitation around moves to beef up regulations guiding electricity gentailers.
From July, the big four gentailers mustn't give their retail arms better deals on power contracts than independent companies.
Penalties for serious breaches are also ramping up.&nbsp;
Electric Kiwi CEO Huia Burt says this is a good start, but she sees a remaining problem.
"We're asking those gentailers to act in a way that is in opposition to their commercial incentives, and those are - keep supply tight, keep competition out and keep prices high."&nbsp;
LISTEN ABOVE

Huia Burt: Electric Kiwi CEO on the big four power gentailers facing new regulations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/01946349-9a55-40d2-b86c-b45600602640/transcript

Conferences on our shores are driving up international delegation numbers, which have surged more than 50% annually.  

According to Stats NZ, arrivals are near pre-Covid levels, with more than 16 thousand people coming in the first quarter.  

International delegates contributed more than $54 million to the economy, with visitors spending an average $500 per day.  

Business Canterbury CEO Leeann Watson told Ryan Bridge with last week's Air New Zealand expansion in Christchurch, there are more options. 

She says having direct flights between Christchurch and Singapore, Perth and Tokyo, will make a big difference. 

LISTEN ABOVE 

Conferences on our shores are driving up international delegation numbers, which have surged more than 50% annually. &nbsp;
According to Stats NZ, arrivals are near pre-Covid levels, with more than 16 thousand people coming in the first quarter. &nbsp;
International delegates contributed more than $54 million to the economy, with visitors spending an average $500 per day. &nbsp;
Business Canterbury CEO Leeann Watson told Ryan Bridge with last week's Air New Zealand expansion in Christchurch, there are more options.&nbsp;
She says having direct flights between Christchurch and Singapore, Perth and Tokyo, will make a big difference.&nbsp;
LISTEN ABOVE&nbsp;

Leeann Watson: Business Canterbury CEO on the number of international business delegates visiting New Zealand rising by 50%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d77e7194-4640-48f5-b95b-b456000076a6/transcript

Business NZ says a new loan scheme to help businesses ditch gas is a necessary step.   

This year's Budget funds up to $1.2 billion in guaranteed bank loans to help businesses transition to renewables. 

Potential losses are accounted for with $48 million set aside. 

Business NZ Advocacy Director Catherine Beard told Ryan Bridge it's still a loan business will need to pay back, but it will help. 

She says the barrier for businesses trying to move away from gas is often capital expenditure, so they're in favour of lowering that hurdle. 

LISTEN ABOVE 

Business NZ says a new loan scheme to help businesses ditch gas is a necessary step. &nbsp;&nbsp;
This year's Budget funds up to $1.2 billion in guaranteed bank loans to help businesses transition to renewables.&nbsp;
Potential losses are accounted for with $48 million set aside.&nbsp;
Business NZ Advocacy Director Catherine Beard told Ryan Bridge it's still a loan business will need to pay back, but it will help.&nbsp;
She says the barrier for businesses trying to move away from gas is often capital expenditure, so they're in favour of lowering that hurdle.&nbsp;
LISTEN ABOVE&nbsp;

Catherine Beard: Business NZ Advocacy Director on the Government's loan scheme to help businesses transition from natural gas

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/154c0fa2-0a25-4ba6-9ae2-b455018967f2/transcript

Mark Wolfenden: Woolworths Director of Digital and Loyalty defends latest Everyday Rewards scheme

In 1 playlist(s)

Best of Business

Social links

Follow podcast

Recent clips