
Herald NOW Business
Garth Bray, with over 25 years of experience in consumer affairs, business, and politics, delivers today's business news directly from the Herald NOW studio.
Episodes

Odyssey pushes back on funflation. Garth Bray 2degrees Business wrap - Mon 27 Jul
Imax has about 1% of the world's screens but made up 20% of the box office at opening weekend.See omnystudio.com/listener for privacy information.

Boitech sector eyes global growth as calls grow for faster regulatory reform - Mon 27 Jul
Zahra Champion on why biotech could become New Zealand's next high-growth export industry and what's needed to unlock its potentialSee omnystudio.com/listener for privacy information.

The market trifecta - Middle East / Strait of Hormuz and tariff developments - Mon 27 Jul
The big macro-economic news this week is US Federal Reserve rate Decision on Wednesday. Shane Solly Harbour Asset Management.See omnystudio.com/listener for privacy information.

Koreans gripped by the divorce of the century and what it means for SK Hynix - Fri 24 Jul
Court battle ending today between a billionaire and his politically well-connected wife. 2degrees Business wrap with Garth Bray.See omnystudio.com/listener for privacy information.

The forces shaping Wall Street in 2026 - Fri 24 Jul
S&P's Anu Ganti on what's driving Wall Street, the next phase of AI trade and what investors should watch in the second half of 2026 / Video. Herald NOW BusinessSee omnystudio.com/listener for privacy information.

Why AI is driving new investment in New Zealand's power future? - Fri 24 Jul
Mercury CEO Stew Hamilton on the $53m Datagrid investment and why AL is reshaping electricity demand.See omnystudio.com/listener for privacy information.

How El Nino could impact New Zealand businesses and the economy - Thu 23 Jul
Professor Anita Wreford discusses how El Nino could reshape costs, commodity prices and investment decisions.See omnystudio.com/listener for privacy information.

Will Musk eat the telcos’ lunch? Tech with 2degrees - Thu 23 Jul
Satellite-to-mobile coverage - Starlink, AST SpaceMobile, Amazon all chasing a bigger slice of the market. Chris Keall Herald Technology Editor.See omnystudio.com/listener for privacy information.

Wholesale rates jump in July affecting term deposit rates. Zoe Wallis Forsyth Barr - Thu 23 Jul
$20trillion of debt is set to be issued in 2026, about two thirds of that is from governments.'See omnystudio.com/listener for privacy information.

Information wants to be free. 2degrees Business Wrap - Garth Bray - Thu 23 Jul
News from OpenAI, that two of its advanced models got out of a sandbox system, seems like proof of their power and our difficulty controlling it.See omnystudio.com/listener for privacy information.

Climate report warns business must accelerate emissions cuts - Thu 23 Jul
Climate Change Commission CE Jo Hendy on what changes are needed to unlock investment and help businesses decarboniseSee omnystudio.com/listener for privacy information.

US trade war - what it means for our red meat returns - Wed 22 Jul
Trade watchers say this is a classic Trump tactic; a ticking offer with a big headline to inject some jeopardy.' 2degrees Business wrap - Garth Bray.See omnystudio.com/listener for privacy information.

What the overnight Global Dairy Trade auction means for the market - Wed 22 Jul
HighGround Dairy's Stu Davison discusses the latest GDT auction prices.See omnystudio.com/listener for privacy information.

Summerset sinks as housing worries grow - Wed 22 Jul
Pressure on retirement village stocks as housing market flattens and rents rise at slowest rate this century. Matthew Goodson Salt Funds Management.See omnystudio.com/listener for privacy information.

DIRA review raises fresh questions over Fonterra's market power - Wed 22 Jul
Open Country Dairy's Mark de Lautour on why weakening DIRA could reshape New Zealand's dairy industry.See omnystudio.com/listener for privacy information.

Kiwi firm's trial adds weight in obesity market - Tue 21 Jul
Sarah Kennedy Calocurb CEO on the company's ambitions to scale its plant based weight-loss product in a market dominated by pharmaceutical giants.See omnystudio.com/listener for privacy information.

Inflation in focus as businesses await the latest CPI reading - Tue 21 Jul
Westpac economist Satish Ranchhod discusses what the latest CPI data will mean for households and businesses.See omnystudio.com/listener for privacy information.

Auckland's last major infrastructure project officially opens - Tue 21 Jul
After 8 years Auckland's central interceptor is officially open, Herald Senior Correspondent Katie Bradford looks at what's next.See omnystudio.com/listener for privacy information.

Australian markets - from Mines and Energy to Healthcare - Tue 21 Jul
The market has been moving sideways, but there’s been a lot happening at sector level. Grant Cotty Craigs Investment Partners.See omnystudio.com/listener for privacy information.

More detail needed on $60m bailout. Garth Bray 2degrees Business wrap - Tue 21 Jul
If a $60m surprise subsidy to Fletcher Building is such a good idea, why has there been scant engagement on it so far?'See omnystudio.com/listener for privacy information.

How online retail is reshaping New Zealand's wine business - Mon 20 Jul
Dan Gillett talks to Herald reporter Tom Raynel about adapting the wine industry to a digital first market.See omnystudio.com/listener for privacy information.

Tariff hike due this week - Mon 20 Jul
NZ could be slapped with a blanket 12.5% tariff on all exports to the US as early as Friday night. Fran O'Sullivan Herald Business Commentator.See omnystudio.com/listener for privacy information.

Xero faces questions over leadership, US expansion and investor confidence - Mon 20 Jul
Business commentator Eden Bradfield discusses with Herald NOW Business the challenges facing Xero's growth strategy and workplace culture.See omnystudio.com/listener for privacy information.

Global share markets fell last week, led by weakness in the tech sector - Mon 20 Jul
SpaceX shares are now trading 10% below IPO. Shane Solly Harbour Asset Management.See omnystudio.com/listener for privacy information.

BlackRock - worlds largest investor managing $US15trillion - on AI pinch points - Fri 17 Jul
BlackRock's Investment Institute's Ben Powell sees increasing energy demands for AI as opportunity.See omnystudio.com/listener for privacy information.

US earnings season underway - first read from big banks stronger than expected - Fri 17 Jul
You look at Goldman Sachs $US980m revenue in the last 3 months, that's the size of Air NZ's market all delivered in 3 months. Rickey Ward JBWere.See omnystudio.com/listener for privacy information.

Surf's up! Are we on the data centre wave? Garth Bray 2degrees Wrap - Fri 17 Jul
Australia's Financial Review reports concerns data centre growth may crowd out other sectors - investment outside tech & mining expected to fall 1.1%See omnystudio.com/listener for privacy information.

From kiwi farms to cleaner air, wool technology takes on global filtration - Fri 17 Jul
Lanaco's CE Nick Davenport tells Herald NOW Business how kiwi wool innovation powers world-first air filter for global market.See omnystudio.com/listener for privacy information.

Switzerland emerges as frontrunner for New Zealand's next trade deal - Fri 17 Jul
Trade Minister Todd McClay tells Senior Correspondent Katie Bradford how Swiss agreement could be New Zealand's next major trade win. See omnystudio.com/listener for privacy information.

Buckle in for oil price volatility. Garth Bray 2degrees Business wrap - Thu 16 Jul
"We've burned through all the buffers" oil broker tells FT. The tanks are running dry globally, with about 30 days in the reserve and 20 on the water.See omnystudio.com/listener for privacy information.

Local wine business buys eight brands in bold expansion move - Thu 16 Jul
Sam Poulter discusses how a family owned windery is expanding despite tough marketSee omnystudio.com/listener for privacy information.

H5N1 - first case onshore - what does it mean for the farming sector? - Thu 16 Jul
Federated Farmers Mark Hooper on H5N1, plus how record returns are helping farmers cut debt.See omnystudio.com/listener for privacy information.

We’re in the middle of confession season - Thu 16 Jul
The period when listed companies update the market if earnings are likely to land different to expectations. Rohan Koreman-Smit Forsyth BarrSee omnystudio.com/listener for privacy information.

Are data centres for us- Tech with 2degrees Danu Abeysuriya - Rush Digital - Thu 16 July
Supporters say NZ has opportunity with renewable energy to build a cleaner digital infrastructure sector, but there's been backlash overseas.See omnystudio.com/listener for privacy information.

RBNZ warns temporary inflation shock could become persistent - Wed 15 Jul
RBNZ's Chief Economist tells Herald NOW Business how inflation expectations will shape path of interest rates.See omnystudio.com/listener for privacy information.

Interest rate uncertainty continues to weigh on housing - Wed 15 Jul
Economist Tony Alexander on what's keeping New Zealand's housing market stuck.See omnystudio.com/listener for privacy information.

Kiwi skincare brand eyes Europe after Nobel endorsement - Wed 15 Jul
Emma Lewisham talks to Katie Bradford about building a global beauty brand.See omnystudio.com/listener for privacy information.

Can business pass on costs as Reserve Bank warns? - Wed 15 Jul
A lot of the companies we talk to are having to cut their cloth to fit instead of simply lifting prices. Matthew Goodson from Salt Funds Management.See omnystudio.com/listener for privacy information.

It's not price-hiking it's how we're price-hiking. Garth Bray 2degrees Business - Wed 15 Jul
The central bank says when firms see inflation above 3%, they respond by adding more fuel to that fire, leading to further OCR hikes to rein it in.See omnystudio.com/listener for privacy information.

The future pay packet- Kiwis want a stake in the companies they help build - Tue 14 July
Sharsies' Susannah Batley on why more employees are looking to shares to build wealth. See omnystudio.com/listener for privacy information.

Is US inflation data still the key number for global markets? - Tue 14 Jul
What it means for central banks, bond yields and the path of interest rates. Andrew Ede Craigs Investment Partners. See omnystudio.com/listener for privacy information.

Performance of Services Index ticks over from decline into expansion - Tue 14 July
Our services sector is growing, just barely, but let's celebrate every bit of good news we can right now shall we?' Garth Bray 2degrees Business wrap. See omnystudio.com/listener for privacy information.

Modi’s whirlwind Auckland visit wraps with plenty of ceremony plus some protest - Mon 13 Jul
Beyond optics, what has New Zealand gained and what comes next for trade and the wider India relationship? Fran O'Sullivan Herald Business Commentator. See omnystudio.com/listener for privacy information.

SK Hynix soars in Nasdaq debut - Mon 13 Jul
South Korean chip manufacturer stock price up 13% on Friday. Shane Solly harbour Asset Management. See omnystudio.com/listener for privacy information.

What's on the EMA wish list- Garth Bray 2degrees Business wrap - Mon 13 Jul
Fresh call for 4 year term in parliament 'to just leave things as they are however the chips fall so at least there's more certainty for a bit longer' See omnystudio.com/listener for privacy information.

Where is the US market heading by the end of 2026 | Thu 9 Jul
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'Indian PM Modi's visit When will NZ businesses see trade deal benefits | Thu 9 Jul
See omnystudio.com/listener for privacy information.

Japanese billions back NZ-founded Investment firm Morrison | Thu 9 Jul
See omnystudio.com/listener for privacy information.

What is neutral for the official cash rate? | Thu 9 Jul
See omnystudio.com/listener for privacy information.

Calls for a major rethink of how New Zealand supports its smallest businesses | Wed 8 Jul
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Will the Reserve Bank hold interest rates steady a little longer | Wed 8 Jul
See omnystudio.com/listener for privacy information.

Infratil’s data centre story takes another step forward | Wed 8 Jul
See omnystudio.com/listener for privacy information.

The booming Bay of Plenty strengthens its status as an economic engine room | Wed 8 Jul
See omnystudio.com/listener for privacy information.

'Global dairy trade prices took a dive overnight with overall index down 4.9% | Wed 8 Jul
See omnystudio.com/listener for privacy information.

We have a gap in the books – a deficit of around 2% of GDP – about $9b | Tue 7 Jul
Perhaps the greatest, fairest and most sustainable option is helping roughly half the population do better in business.' Garth Bray 2degrees Business. See omnystudio.com/listener for privacy information.

The New Zealand company turning forest waste into EV battery graphite | Tue 7 Jul
What next for CarbonScape after major deal with world's largest battery maker. Vincent Ledoux-Pedailles CarbonScape CCO. See omnystudio.com/listener for privacy information.

Central Auckland Development Under Scrutiny | Tue 7 Jul
Herald Property Editor Anne Gibson explains the dispute over plans for the building beside The CAB. See omnystudio.com/listener for privacy information.

Encouraging More Women-Led Businesses - Westpac economic report | Tue 7 Jul
Westpac report says removing barriers for women-led businesses could add up to $10 billion a year to NZ’s GDP. Cat Feaunati, Westpac NZ Head of Business. See omnystudio.com/listener for privacy information.

Global markets show strong resilience after geopolitical shakes | Tue 7 Jul
With second quarter earnings season getting underway, what’s top of mind for investors right now? Roger Garrett from Craigs Investment Partners. See omnystudio.com/listener for privacy information.

Indian Prime Minister's visit this weekend | Mon 6 Jul
Herald Business Commentator Fran O'Sullivan explains why Narendra Modi's trip is so significant. See omnystudio.com/listener for privacy information.

Bright smiles are big business The story behind The Whitening Co. | Mon 6 Jul
Kiwi entreprenuer Kennedy Anderson on the challenges of rapid growth and expansion into Australia. See omnystudio.com/listener for privacy information.

NZ technology attracts big investment | Mon 6 Jul
Hear from MOVAC General Partner Jason Graham on what the VC firm plans to do with its record $185 million raise. See omnystudio.com/listener for privacy information.

Trade Minister Todd McClay wants to start trade negotiations with 7 new places | Mon 6 Jul
Trade watchers are already sounding the alarm that 7 deals would spread MFAT thin. Garth Bray 2degrees Business Wrap.See omnystudio.com/listener for privacy information.

Are we on course for a semiconductor chip wreck? | Mon 6 Jul
AI capex correction forces pivot into some of the sectors that have lagged like healthcare and software. Shane Solly Harbour Asset Management. See omnystudio.com/listener for privacy information.

A tougher line on retail crime: ACT pushing for more powers for security guards| Fri 3 Jul
Accredited Security Operators could issue exclusion notices preventing repeat offenders from entering businesses for up to 3 years. See omnystudio.com/listener for privacy information.

What does it really take for female founders to find business success? | Fri 3 Jul
Entreprenuer Marisa Fong on her mission to support 500 women leaders in 5 years.See omnystudio.com/listener for privacy information.

'Sounds positive right?' - More people are financially confident, reports Katie Bradford | Fri 3 Jul
...partly because there’s so little confidence in the economy, people are seeking to learn more as a survival mechanism.' 2degrees Business wrap. See omnystudio.com/listener for privacy information.

The Kiwi Contradiction More confident managing our money, but still worried about economy | Fri 3 Jul
Kirk Hope from Financial Services Council explains why we're investing less despite feeling more financially literate. See omnystudio.com/listener for privacy information.

Looking back over the first half of 2026 | Thu 2 Jul
US equities have just had their strongest quarter since the Covid rebound, while the NZX 50 has recovered after a difficult start to the year.See omnystudio.com/listener for privacy information.

AI driving Wall Street high, but fewer stocks are doing more heavy lifting | Thu 2 Jul
How much of this rally is being carried by chipmakers and and does that make the market more vulnerable? S&P's Anu Ganti in New York. See omnystudio.com/listener for privacy information.

The race to bring air taxis into everyday life | Thu 2 Jul
Tech commentator Danu Abeysuriya on Toyota's major new partnership. Video| Herald NOW BusinessSee omnystudio.com/listener for privacy information.

Bold leadership shake-up at Heineken. Can outsider get profits flowing again? | Thu 2 Jul
How the family-controlled brewer is breaking with tradition to turn the global beer brand around. See omnystudio.com/listener for privacy information.

My ‘eye of Sauron moment' | Thu 2 Jul
Starlink dominance outside the town limits has come at the expense of major players Spark and One NZ. See omnystudio.com/listener for privacy information.

Investors react to Air New Zealand's strategic reset | Wed 1 Jul
Senior Correspondent Katie Bradford explains why investors say a turnaround will take some time See omnystudio.com/listener for privacy information.

Risk of buying a home that might flood looms large - businesses are responding | Wed 1 Jul
Westpac’s done a deal to put that info on its app. Others advocating for central register of properties at risk. 2degrees Business wrap Garth Bray. See omnystudio.com/listener for privacy information.

June jump shows in ANZ's Business Confidence Survey | Wed 1 Jul
Seeing that exporter confidence growth in real time - Andrew Balgarnie Chief Strategy Officer of Trade Window.See omnystudio.com/listener for privacy information.

The healthcare sector has been a massive laggard globally, but this has started to turn | Wed 1 Jul
Matthew Goodson Salt Funds Management.See omnystudio.com/listener for privacy information.

Kiwis' growing concern at cost of climate impact | Tue 30 Jun
IAG's Bryce Davies on government responsibility and the role insurers. See omnystudio.com/listener for privacy information.

EV and Hybrid Expo coming to Auckland | Tue 30 Jun
Co-Organiser of event Laurence Carey talks to Herald NOW Business about what brands we can expect to see.See omnystudio.com/listener for privacy information.

FMA releases hit list for the coming year | Tue 30 Jun
Fraud and scams, customer complaints, brokers' commissions, innovation... but what's missing? See omnystudio.com/listener for privacy information.











