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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Sam Dickie: Fisher Funds expert on copper prices jumping up 25 percent
Copper prices have surged this year by 25 percent, according to new data.
Copper has a broad level of demand, with plenty of industries relying on this commodity.
Fisher Funds expert Sam Dickie explains how copper can be a barometer of the human economy.
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Jamie Mackay: The Country host on Zespri's growers getting paid record prices for their kiwifruit
Kiwifruit producer Zespri’s profit has dropped 27 per cent but growers have been paid record prices for their output.
Zespri reported a net profit after tax of $173.3 million for the 2023-24 financial year - down from $238.7m the year prior.
The Country's Jamie Mackay explains what this means for the sector.
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Patrick Phelps: Minerals West Coast manager on Minister Shane Jones' plan to cut mining barriers
Advocates and experts are supporting the resource minister's plan to cut barriers to mining.
Shane Jones has outlined a draft strategy for the industry.
He wants a stock-take of available minerals and to double export value in 10 years.
Minerals West Coast manager Patrick Phelps says you could get a feel for New Zealand's resources within a year or two.
"There's quite substantial gold mines being talked about in Otago, West Coast and Coromandel - which, if they're all up online within five or ten years, could double, if not triple New Zealand's gold production."
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Gavin Grey: UK correspondent on UK inflation dropping to 2.3 percent
Over in the UK, inflation has dropped to 2.3 percent, the lowest in 3 years.
It heaps pressure on the Bank of England to cut high interest rates - and gives the Government a welcome boost.
UK correspondent Gavin Grey says this drop is significant - but it's not as low as predicted.
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Jeremy Hutton: Milford Asset Management Equities Analyst on Gentrack's strong market performance
Experts say Gentrack is well placed to capture the opportunities created by changes to the utilities and airport sectors.
A surging Gentrack gave the New Zealand sharemarket and the company reporting season a positive tone with strong revenue growth and an earnings upgrade.
Milford Asset Management's Jeremy Hutton explains Gentrack's financial growth.
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Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank revealing they considered hiking the OCR
The Reserve Bank left the OCR unchanged today - but people may have to hold out for rate cuts.
RBNZ Governor Adrian Orr revealed the bank considered hiking rates past 5.5 percent, and there's still scope for a potential hike this year.
The committee also pushed out its projected timeframe for its first OCR cut from mid-2025 to around September 2025.
NZ Herald Wellington business editor Jenee Tibshraeny says today's update marked a change of tone from the bank.
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