The conflict in the Middle East has entered its third week and there's concerns about what it could do to the markets.

Iran's still restricting movement through the shipping strategic choke-point as part of its retaliation for the relentless bombing by the US and Israel.

Harbour Asset Management expert Shane Solly explained further.

LISTEN ABOVE

The conflict in the Middle East has entered its third week and there's concerns about what it could do to the markets.
Iran's still restricting movement through the shipping strategic choke-point as part of its retaliation for the relentless bombing by the US and Israel.
Harbour Asset Management expert Shane Solly explained further.
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

Shane Solly: Harbour Asset Management expert on the market reactions to the third week of the Iran conflict

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c02ea856-6ced-4e04-90e9-b40f006ede74/transcript

There's fears there'll be no slowdown any time soon to the rapid rise in food prices.

Stats NZ figures show they rose 4.5 percent in the year to February.

Steak, mince and chocolate all shot up more than 20 percent.

Infometrics head, Brad Olsen, says the spike in oil prices because of the war in Iran will do nothing to help. 

"We know that not only oil prices are key to transport costs, but also just the production. Now if you're a farmer, you've got to use diesel to move stuff around to run the tractor and everything else. So this is going to hit."

LISTEN ABOVE

There's fears there'll be no slowdown any time soon to the rapid rise in food prices.
Stats NZ figures show they rose 4.5 percent in the year to February.
Steak, mince and chocolate all shot up more than 20 percent.
Infometrics head, Brad Olsen, says the spike in oil prices because of the war in Iran will do nothing to help.&nbsp;
"We know that not only oil prices are key to transport costs, but also just the production. Now if you're a farmer, you've got to use diesel to move stuff around to run the tractor and everything else. So this is going to hit."
LISTEN ABOVE

Brad Olsen: Infometrics Principal Economist on data showing food prices rose 4.5 percent in the year to February

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e7322828-f9f4-43a3-b6c8-b41000586f3c/transcript

The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.

This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.

Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East. 

LISTEN ABOVE

The Australian Reserve Bank has increased interest rates by 0.25 percentage points, up to 4.1 percent.
This is the second month the RBA has lifted rates, with the bank hiking up to 3.85 percent in February.
Australian correspondet Murray Olds says the vote to increase rates was divided, but there's concerns about inflation brought on by the ongoing crisis in the Middle East.&nbsp;
LISTEN ABOVE

Murray Olds: Australian correspondent on the RBA hiking the OCR up again amid inflation concerns

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e31c00ad-8bc2-4b50-a23a-b41000500d23/transcript

There's praise for Government's aims to smooth the process for venues to serve alcohol during major televised events like the Rugby World Cup.

The bill proposes a raft of changes, includes a permanent mechanism to let pubs operate outside licensed hours during major events.

Sam MacKinnon from Hospitality NZ explained how these changes will give Kiwi businesses more flexibility.

LISTEN ABOVE

There's praise for Government's aims to smooth the process for venues to serve alcohol during major televised events like the Rugby World Cup.
The bill proposes a raft of changes, includes a permanent mechanism to let pubs operate outside licensed hours during major events.
Sam MacKinnon from Hospitality NZ explained how these changes will give Kiwi businesses more flexibility.
LISTEN ABOVE

Sam MacKinnon: Hospitality NZ Head of Communications and Advocacy on the Government's changes to alcohol laws

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f44bc4f4-bfdd-4e91-a365-b4100028eeb1/transcript

Shane Solly: Harbour Asset Management expert on the market reactions to the third week of the Iran conflict

Best of Business

In 1 playlist(s)

Best of Business

Social links

Follow podcast

Recent clips