Best of Business Newstalk ZB
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- 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.
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Liam Dann: NZ Herald Business Editor on the 0.2% rise in the GDP
The news New Zealand is out of a technical recession isn't necessarily cause for celebration.
Stats NZ figures show GDP rose 0.2% in the three months to March and 0.2% in the year to March.
But Herald Business Editor Liam Dann told Kerre Woodham that we could still see a series of further per capita contractions over the next few quarters.
He says if we don't end up back in a technical recession, things could go backwards in another quarter due to the crunch starting to bite on interest rates.
The Reserve Bank says the growth outlook for the rest of this year is slightly more positive.
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Lisa Hopkins: Business Events Industry Aotearoa on overseas investors visiting for the Business Events trade show 'Meetings'
Yesterday saw the beginning of New Zealand’s largest business events trade show.
‘Meetings’ connects overseas investors to domestic industries, highlighting what we have on offer in New Zealand.
Over 1000 business events professionals are gathering in Rotorua’s Energy Events Centre over the next few days.
Business Events Industry Aotearoa CEO Lisa Hopkins told Mike Hosking that New Zealand is in a really strong position to do very well.
She said that overseas investors understand that New Zealand is open for business and when they visit, they aren’t just coming into Rotorua, but rather visiting other parts of the country and getting a really strong sense of what we have to offer.
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Gavin Grey: UK correspondent on UK inflation hitting 2 percent for the first time in almost 3 years
Over in the UK, inflation has hit the Reserve Bank's target for the first time in nearly three years.
Prices rose by 2 percent in the year to May, down from the previous 2.3 percent.
UK correspondent Gavin Grey says these stats will likely come into play ahead of July's general election.
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Jenee Tibshraeny: NZ Herald Wellington business editor on the Prime Minister's business dealings in Japan
Prime Minister Luxon's managed to find himself in hot water after some off-colour comments about previous business delegations.
Ahead of his trip to Japan, the Prime Minister said the calibre was lacking in earlier delegations, labelling prior groups 'C-list'.
NZ Herald Wellington business editor Jenee Tibshraeny explains why Luxon's comments seemed particularly awkward.
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Susan Kilsby: ANZ agricultural economist on the latest carbon auction failing
The second carbon auction of the year failed with no bids made.
4,075,700 New Zealand Units were on offer at the June auction - prompting zero interest from potential buyers.
ANZ agricultural economist Susan Kilsby explains why the market didn't feel the need to turn up for this.
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Stephanie Batchelor: Milford Asset Management spokesperson on Lululemon shares plummeting 40 percent
Former market darling Lululemon's been having a rough year, with shares plummeting 40 percent in 2024.
The famed athleisure brand is experiencing a drop in popularity after five years of steady growth.
Milford Asset Management's Stephanie Batchelor says this is down to inventory missteps and people turning away from discretionary spending.
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