Best of Business Newstalk ZB

The Australian Government has opted to ban live sheep exports from 2028 onward, a move that has farmers disappointed.

The Government as promised a $107 million transition package to support the sector over the next five years.

The Country's Jamie Mackay explains why farmers disapprove of this decision.

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Australian treasurer Jim Chalmers is set to deliver the 2024 Budget tonight, and economists are raising their eyebrows at some promises.

The reworked stage 3 tax cuts and energy bill relief are expected to be included in a set of nationwide cost-of-living support measures, but Chalmers is insistent they won't fuel inflation.

HSBC chief economist Paul Bloxham is sceptical these measures won't add to Australia's inflation woes. 

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A record number of New Zealanders have left the country, according to new data.

Stats NZ says the nation had a net migration loss of over 52,500 citizens in the year ending March.

Infometrics Principal Economist Brad Olsen suspects concerning economic figures are driving young Kiwis to find greener pastures overseas, particularly Australia.

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Over in the US, President Joe Biden is set to announce new 100 percent tariffs for Chinese EVs.

This is the latest bid from the Biden administration to keep China from undercutting US companies and impacting manufacturing jobs, as Biden fights for a second term in the US election.

Drive Electric Chair Kirstin Corson says China doesn't have plans to send EVs like the BYD-produced seagull to the US anyway.

"They're just entering some of those new markets, but certainly BYD in New Zealand's doing exceptionally well. They're in our top 5 selling EVs in the country."

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One New Zealand-based whisky producer has walked away from the San Francisco World Spirits Awards with an impressive haul.

Pōkeno Whisky brought home two Double Gold Awards, a Gold and two Silver medals by the end of the event.

Founder Matt Johns says this is great for the company's international credibility.

"We're just focused on making the best single malt we possibly can with no compromise on anything we do - and that's starting to show through and be appreciated." 

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Four Auckland townhouses are on the market, as The Block NZ joins the local television scrap heap.

The Brown's Bay homes were nearly ready for contestants on the house renovation show.

But Newshub owner Warner Brothers Discovery has confirmed today it's pulling the next season.

Host Mark Richardson says it's a shame to see the end of the show, which has been part of his life for 12 years.

"It was just light television that captured this large demographic of people, from kids to oldies. And it was just enjoyable to watch."

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