Jamie Mackay: The Country host on red meat prices improving after economic downturn
There's green shoots emerging for New Zealand's struggling red meat sector, according to new reports. The Meat Industry Association claims exports to China in August were down 50 percent to $107 million compared with the same time last year. The Country's Jamie Mackay explains further. LISTEN AB…
Jonathan Milne: Newsroom Pro managing editor on AG1's founder resigning following criminal history investigation
Plenty of celebrities have expressed their support for supplement giant AG1 - but an investigation has dug up some questionable details about the company's founder. Founder Chris Ashenden has resigned amid a Newsroom investigation that raised questions over his criminal history and unpaid fines an…
Liam Dann: NZ Herald business editor at large on the economic impact of the US election
It's less than a week until voters in the US will cast their ballots and determine a new president - and experts are wondering about the economic impacts. No matter who wins, both Kamala Harris and Donald Trump have policies that could have implications regarding the future of international busine…
Chris Nixon: NZIER Principal Economist on mayor Wayne Brown's push for direct flights to Sao Paulo
Auckland mayor Wayne Brown has launched a bid to establish a direct flight from Auckland Airport to Brazil's Sao Paulo. He believes this could boost trade between New Zealand and Brazil by up to $1.5 billion a year. NZIER Principal Economist Chris Nixon says this is a good idea - and could open u…
Sharon Zollner: ANZ Chief Economist on construction leading the return of optimism to the business sector
Optimism is rising among businesses - largely driven by construction. ANZ's October business outlook has business confidence up five points on 66, in a 10-year high. Meanwhile, the proportion of businesses feeling they're faring well, has climbed to -11 in the highest point since March. Chief…
Jeremy Hutton: Milford Asset Management Equities Analyst on Spark reducing their profit outlook and dividend payout
Spark has reduced its earnings and dividend guidance for the 2025 year, saying its financial performance 'falls short of what is acceptable'. The company said its operating earnings (Ebitdai) were expected to fall to around $1.12-$1.18 billion in 2025, down 4% from a previous forecast of $1.165-$1…
Jenee Tibshraeny: NZ Herald Wellington business editor on BNZ's bid to close Gloriavale accounts
BNZ is set to head back to court tomorrow as part of their ongoing legal dispute with Gloriavale. If the hearing goes well, the bank could get approval to close the accounts Gloriavale has with BNZ. NZ Herald Wellington business editor Jenee Tibshraeny reveals what could come out of tomorrow's ca…
Katherine Rich: Business NZ CEO says the Government needs to ease the burden on small businesses, not politicise it
Small businesses want the Government to rethink regulations it describes as a burden. A new report from Business NZ claims small Kiwi businesses are bogged down by compliance hurdles and complicated regulations, which it says cost time and money. Business NZ CEO Katherine Rich told Mike Hosking…
Brad Olsen: Infometrics Principal Economist on the latest employment numbers for September 2024
The latest employment numbers for September 2024 show the job market is still in a tough spot. Annual filled jobs were down 0.9 percent compared to this time last year. Infometrics Principal Economist Brad Olsen says this is a tricky point for the economy - and things aren't expected to get bette…
Nicola Willis: Finance Minister on her plan to boost up Kiwibank so it can compete with the bigger banks
The Finance Minister has received early advice on how to better capitalise Kiwibank so it might compete better with the large Australian-owned banks. The advice is in response to the Commerce Commission market study on personal banking. Minister Nicola Willis says she hopes to bring more competit…