Sam Dickie: Fisher Funds expert on Amazon's strategy for taking on the grocery market
Amazon has been scaling up its same-day grocery delivery services across cities all over the US. It's looking to expand to 2,300 US cities by the end of the year, and investors are speculating about what it could mean for the market. Sam Dickie from Fisher Funds explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Dion Tilson: Parakai Springs general manager on GrabOne going into liquidation
There's no guarantee businesses will honour unredeemed vouchers from GrabOne, which has gone into liquidation. The online deals website won’t be issuing refunds for unused purchases - and has told customers to directly contact vendors. Some sellers have indicated they’ll recognise GrabOne deals, but others say they may not be able to. Parakai Springs general manager Dion Tilson says they will honour vouchers, but customers could lose-out at other companies. "I've spoken to a lot of businesses, restaurants and so forth, hotels - they may not be in a position to be able to offer it." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Jeremy O'Brien: Air New Zealand's Chief customer and digital officer blames accelerated inflation for increase in prices
It's thought that the aviation sector is over capitalising - as New Zealand's domestic airfares have shot up more quickly than any other country. A global airport group says domestic airfares are up 63% in six years, and are well ahead of the second-highest, up 53%. Air New Zealand's Chief customer and digital officer Jeremy O'Brien told Mike Hosking that accelerated inflation is effecting the industry. He says we're a reasonably small country with long distances to fly. O'Brien says in many cases the industry is over-capitalising, which then impacts the sustainability of the market. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Billie Moore: NZ Airport Association Chief Executive says Airports Association is not to blame for increase in fare prices
The Airports Association is defending itself after airlines blame their charges, for spikes in airfares. An international airport group says New Zealand’s domestic airfares have shot up more quickly than any other country by 63-percent in six years. But Air New Zealand says its fares are only up 35-percent. Association chief executive, Billie Moore told Ryan Bridge the biggest driver is air capacity reduction, so smaller numbers of passengers are footing bigger bills. She says criticising airport charges has long been a strategy for major airlines but they're not the reason. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank revealing Covid spending didn't contribute to inflation issues
The Reserve Bank recently disputed the idea that Covid-era money printing programme caused sky-high inflation, which cost the Government billions. Staff at the bank have published new research that concludes the bank’s $55 billion Large-Scale Asset Purchase (LSAP) programme didn’t 'meaningfully' contribute to above-target inflation following the pandemic. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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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