
Herald NOW Business
With more than 25 years of experience in consumer affairs, business, and politics, Garth Bray delivers today's business news directly from the Herald NOW studio.
Episodes
We’re sliding sideways into winter as the standoff continues in the Gulf | Wed 10 Jun
For bars in particular, low spend shows a real reluctance to get the wallet out as many of us try to spend less. 2degrees Business wrap - Garth Bray. See omnystudio.com/listener for privacy information.
Major users endorse new plan to safeguard New Zealand's power supply | Wed 10 Jun
Major Electricity Users’ Group chair John Harbord discusses the Government's plan to protect the country's electricity supply during dry years. See omnystudio.com/listener for privacy information.
Meridian move bigger than it looks - Matthew Goodson Salt Funds Management | Wed 10 Jun
Meridian’s allowed change to contingent lake levels at Lake Pukaki is more important than it looks, particularly in our hydro dominated system. See omnystudio.com/listener for privacy information.
Fieldays opens to full house as rural confidence rebounds | Wed 10 Jun
BusinessDesk's Riley Kennedy talks to Herald NOW Business from the first day of the sold out Fieldays in Mystery Creek.See omnystudio.com/listener for privacy information.
Loadstone launches in Hawke’s Bay | Wed 10 Jun
Lodestone launches in Hawke’s Bay promising homes and businesses access to locally generated renewable energy without needing panels on their own roof. See omnystudio.com/listener for privacy information.
Research reveals major changes for SMEs. Mark Callander - CEO 2degrees | Tue 9 Jun
2degrees Shaping Business Report surveyed more than 500 NZ businesses providing a snapshot of how they're navigating increasing economic uncertainty. Video|Herald NOW Business See omnystudio.com/listener for privacy information.
The energy security conversation | Tue 9 Jun
The debate will run for another five months as we head to the ballot box but we'll be paying the price of energy security for a generation.See omnystudio.com/listener for privacy information.
Graeme Hart's property bet and sector accountability | Tue 9 Jun
Property Editor Anne Gibson discusses following the money in industrial propertySee omnystudio.com/listener for privacy information.
Steel & Tube trading update signals construction sector under pressure | Tue 9 Jun
Manufacturing and rural doing okay, but slowing construction keeps a headwind on them. Mohandeep Singh - Craigs Investment Partners.See omnystudio.com/listener for privacy information.
Australian PM Albanese hosts NZ PM Luxon | Mon 8 Jun
Australian Financial Review running hot headlines about government’s capital gains tax changes - risking brain drain across the Tasman in our direction. See omnystudio.com/listener for privacy information.
Countdown to SpaceX IPO. Are investors preparing to swallow a whale this week? | Mon 8 Jun
We've seen that sell-off last week, is it dry powder or a test of confidence in AI? Shane Solly Harbour Asset Management. See omnystudio.com/listener for privacy information.
Subdivision reform could unlock housing if the infrastructure follows | Mon 8 Jun
BusinessDesk's Maria Slade discusses how changes to subdivision rules could impact the market. See omnystudio.com/listener for privacy information.
S&P Global moves to decode the rise of perpetual futures trading | Mon 8 Jun
S&P's Cameron Drinkwater discusses how perpetual futures are going mainstream in the US. See omnystudio.com/listener for privacy information.
How should NZ react to forced labour claim | Mon 8 Jun
Trump’s latest tariff push is another warning shot for NZ as global trade becomes unpredictable and increasingly political. See omnystudio.com/listener for privacy information.
Rewiring Aotearoa challenges LNG plan as dry-year solution | Thu 5 Jun
Rewiring Aotearoa's Mike Casey talks to Katie Bradford about why LNG risks locking NZ into the wrong energy future. See omnystudio.com/listener for privacy information.
Two Dudes on scaling across the Tasman | Fri 5 Jun
Two Dudes co-founders Tomas Tappin and Michael McRae on their rapid Aussie expansion. See omnystudio.com/listener for privacy information.
Card fee crackdown could save businesses $40m a year | Fri 5 Jun
Commerce Commission's Bryan Chapple talks to Katie Bradford about plan to target high commercial credit card feesSee omnystudio.com/listener for privacy information.
Success story in retail | Fri 5 Jun
Two dudes skincare, set up in a garage by two Kiwi mates, breaks into the big Aussie supermarket chains.See omnystudio.com/listener for privacy information.
How much fuel is left in the tank? | Fri 5 Jun
US markets have been on a remarkable run, with the S&P 500 repeatedly hitting fresh highs this year. Is there still room to run? Phil Borkin JB WereSee omnystudio.com/listener for privacy information.
Quantum computing no longer the realms of science fiction | Thu 4 Jun
Microsoft says a useful machine could be on track in the next few years. Why the race for quantum power is speeding up. Danu Abeysuriya Rush Digital . See omnystudio.com/listener for privacy information.
Rural connectivity improves, but cost and resilience questions remain | Thu 4 Jun
TUANZ's Craig Young tells Herald NOW Business how funding, affordability and resilience is shaping rural broadband's future. See omnystudio.com/listener for privacy information.
'We need to know what we’re buying and who we’re buying from' | Thu 4 Jun
US prohibition on forced labour in their supply chains meaning NZ exports could face high tariff. Garth Bray 2degrees Business. See omnystudio.com/listener for privacy information.
The trend towards passive investing results in more US tech weight | Thu 4 Jun
The bigger the value of the company the higher the weight in the index' Zoe Wallis Forsyth Barr. See omnystudio.com/listener for privacy information.
Stop-start infrastructure costs NZ nearly $12 billion | Thu 4 Jun
Senior Correspondent Katie Bradford on the high cost of hitting pause on infrastructure. See omnystudio.com/listener for privacy information.
HighGround Dairy's Stu Davison discusses the latest GDT auction prices | Wed 3 Jun
What the overnight Global Dairy Trade auction means for the market. See omnystudio.com/listener for privacy information.
How significant could the TSB - Heartland merger be for local banking? | Wed 3 Jun
Heartland Bank and TSB want to merge and create a New Zealand bank large enough to compete with the big players. Matthew Goodson Salt Funds Management. See omnystudio.com/listener for privacy information.
What happened to the white collar job apocalypse? | Wed 3 Jun
'US job openings hit their highest level in nearly two years during April, while hiring fell'. 'Here, we're hiring, slowly.' See omnystudio.com/listener for privacy information.
Auckland water bills to rise 7.2% for households and 20% for developers | Wed 3 Jun
Watercare's Angela Neeson tells Katie Bradford why its increasing charges from July 1See omnystudio.com/listener for privacy information.
Is Space X over-valued? | Wed 3 Jun
'Their ability to put stuff into space is going through the roof and they have a monopoly on that' - Jonty Kelt Fantail VenturesSee omnystudio.com/listener for privacy information.
Universal Music rejects Ackman bid as industry faces AI and valuation questions | Tue 2 Jun
BusinessDesk's Eden Bradfield joins the show with moreSee omnystudio.com/listener for privacy information.
Rural broadband reliance on Starlink | Tue 2 Jun
Alex Stewart from WombatNET checked the government stragtegy for rural conectivity and found very little of substance. See omnystudio.com/listener for privacy information.
Tax benefits on charitable donations capped | Tue 2 Jun
Andrew Barnes - Andrew Barnes, Founder, Perpetual Guardian - with a warning for the charitable sector. See omnystudio.com/listener for privacy information.
Latest consumer confidence pulse-check shows confidence lifting | Tue 2 Jun
ANZ reckons the bounce in consumer confidence comes from a small relative decline in petrol prices for May. 2degrees business wrap with Garth Bray. See omnystudio.com/listener for privacy information.
What Budget 2026 means for tax | Tue 2 Jun
Deloitte's Robyn Walker on tax changes and how they'll affect kiwi businesses. See omnystudio.com/listener for privacy information.
Garth's Kings birthday honours list | Fri 29 May
'To anyone selling anything to anyone overseas; please accept your Herald NOW Business Order of Merit... try to charge more and sell more' See omnystudio.com/listener for privacy information.
What Budget 2026 means for tax | Fri 29 May
Deloitte's Robyn Walker tells Herald NOW Business what Budget 2026 means for New ZealandersSee omnystudio.com/listener for privacy information.
Rating agency reaction to Budget 2026 | Fri 29 May
S&P's Martin Foo on rating agency reaction to fiscal outlook See omnystudio.com/listener for privacy information.
Mainfreight’s full-year financial result | Fri 29 May
Market relief - 'It was less of a disapointment than people expected.' Rickey Ward JBWere.See omnystudio.com/listener for privacy information.
Business reaction to growth, surplus and economic outlook | Fri 29 May
BusinessNZ's Catherine Beard on business confidence, growth and the road back to surplusSee omnystudio.com/listener for privacy information.
Earnings week so far, plus RBNZ market reaction with Ben Crozier Forsyth Barr | Thu 28 May
It was more the RBNZ coming to what the market was expecting rather than any surprise. See omnystudio.com/listener for privacy information.
Three external votes against the RBNZ governor on OCR | Thu 28 May
Katie Bradford speaking to Westpac chief economist Kelly Eckhold about OCR yesterday and Budget today. See omnystudio.com/listener for privacy information.
Could our cashed up farmers take a lesson from the man who backed Micron? | Thu 28 May
In the 80’s JR Simplot pumped his french fry earnings into Micron which started making memory chips. Garth Bray 2degrees business wrap. See omnystudio.com/listener for privacy information.
Starlink's rural boom raises competition concerns | Thu 28 May
Starlink’s rapid growth in rural NZ is improving resilience, but local providers warn the country could become too reliant on one offshore operator.See omnystudio.com/listener for privacy information.
Ferrari chases tech entrepreneurs of Silicon Valley | Wed 27 May
Shares in Ferrari have dropped 8.5% overnight after it unveiled its first fully electric vehicle, the Luce. 2degrees wrap with Garth Bray.See omnystudio.com/listener for privacy information.
Infratil CE Jason Boyes speaks with Katie Bradford after full-year results | Wed 27 May
Infratil has $20b in assets across NZ as well as investments in Australian data centre business CDC and US renewable energy company Longroad Energy. See omnystudio.com/listener for privacy information.
Arama Kukutai - advocate for growing Māori participation in deep tech | Wed 27 May
The issue isn't whether we can build unicorn companies, it's that we're not building enough of them.See omnystudio.com/listener for privacy information.
F&P leads NZX50 Rally, Matthew Goodson Salt Funds Management | Wed 27 May
A significant slice of the NZX50 reports earnings this week, including heavyweights Fisher & Paykel Healthcare, Ryman Healthcare and Goodman Property. See omnystudio.com/listener for privacy information.
Hayden Wilson NZ Chair Dentons on budget expectations | Wed 27 May
If you can do something in KiwiSaver that will make people go that will make this a better place for my children, that's an effective political strategy' See omnystudio.com/listener for privacy information.
Research shows rising KiwiSaver satisfaction, but more hardship withdrawals | Tue 26 May
ConsumerNZ's Jon Duffy tells Herald NOW Business why Kiwis feel better about KiwiSaver even as many are dipping into savings.See omnystudio.com/listener for privacy information.
Fuel crisis puts pressure on NZ tourism outlook | Tue 26 May
Rising diesel and aviation fuel costs are squeezing operators and lifting travel prices, even as New Zealand tourism continues its recovery. See omnystudio.com/listener for privacy information.
Kiwisaver nearly 20 years old. Katie Bradford 2degrees wrap | Tue 26 May
Hardship withdrawals are up, people are often reluctant to change providers and there is an ongoing and persistent gender savings gap.' See omnystudio.com/listener for privacy information.
ASX volatility puts miners and banks in focus | Tue 26 May
Resources have helped support the Australian market during a choppy month, while investors keep a close eye on banks, interest rates and budget changes. See omnystudio.com/listener for privacy information.
Major housing and infrastructure projects fast tracked nationwide | Tue 26 May
Herald Property Editor Anne Gibson discusses while developers embrace fast-track while opposition mounts. See omnystudio.com/listener for privacy information.
Pre-Budget predictions begin ahead of Budget Day | Mon 25 May
Senior Correspondent Katie Bradford finds low expectations with real estate sector and economists for Budget Day. See omnystudio.com/listener for privacy information.
Markets pricing in a longer conflict. Shane Solly Harbour Asset Management | Mon 25 May
Responding to easing tensions in the Middle East, SpaceX momentum, the pending Budget and a heavy run of company earnings. See omnystudio.com/listener for privacy information.
Agritech success story Hectre scores major NZ hi-tech awards double | Mon 25 May
Hectre's co-founder Matty Blomfield tells Herald NOW Business how it went from orchards to awards, VideoSee omnystudio.com/listener for privacy information.
It’s shaping up to be pivotal week for economy | Mon 25 May
This will be the “boring” election year budget with new funding limited to health, education, defence and law and order.See omnystudio.com/listener for privacy information.
Visitors taking more time booking international flights amid uncertainty | Fri 22 May
Tourism buyers GoWay's Anthony Saba and Flight Centre's Tim Holden on what's shaping visitor travel habits.See omnystudio.com/listener for privacy information.
Nvidia and Walmart deliver strong results | Fri 22 May
Two of the biggest stories driving markets right now - AI and the US consumer - got a fresh test overnight, with results from Nvidia and Walmart. See omnystudio.com/listener for privacy information.
The IPO filings for SpaceX have dropped | Fri 22 May
Bonus trigger kicks in when SpaceX puts data centers into orbit capable of delivering 800 times the computing power of what's running on earth now. See omnystudio.com/listener for privacy information.
Why most active funds underperformed in 2025 Herald NOW Business | Fri 22 May
S&P's Sue Lee discusses SPIVA's verdict on NZ fund managers. See omnystudio.com/listener for privacy information.
Zespri's latest results and what they mean for growers | Thu 21 May
Zespri's CE Jason Te Brake discusses its market results and what it says about the sector See omnystudio.com/listener for privacy information.
What investment has the Government made as it pivots to AI? | Thu 21 May
As governments race to turn AI into real economic gains, NZ is now trying to show it has a credible plan to keep up. Danushka Abeysuriya - Rush Digital. See omnystudio.com/listener for privacy information.
New framework urged for infrastructure spending | Thu 21 May
Senior Correspendent Katie Bradford talks to Kali Mercier about how costing infrastructure projects needs to change VideoSee omnystudio.com/listener for privacy information.
CEO Standard Charters pedaling back on ‘lower value human capital’ remarks | Thu 21 May
Very poor choice of wording that hit a nerve with fear and concern around AI automation. Zoe Wallis - Forsyth Barr.See omnystudio.com/listener for privacy information.
What Gentrack's acquisition of Factor means for energy retailers | Wed 20 May
Motion Capital's Lachlan Nixon tells Herald NOW Business where the next big opportunities in energy tech are Video See omnystudio.com/listener for privacy information.
Fisheries Bill reignites battle over NZ seafood future | Wed 20 May
Seafood NZ chief executive Lisa Futschek discusses the how the Fisheries Amendment Bill may impact the sector See omnystudio.com/listener for privacy information.
The country's largest gathering of tourism sellers and buyers is underway in Auckland | Wed 20 May
Tom Raynel attends TRENZ and finds tourism operators are being encouraged to stay focused despite global disruption. See omnystudio.com/listener for privacy information.
Corporate and government job cuts | Wed 20 May
It’s not cost cutting, it’s replacing, in some cases, lower-value human capital.' Bill Winters Standard Chartered. See omnystudio.com/listener for privacy information.
Why Nvidia matters this week | Wed 20 May
Nvidia back in the spotlight as investors await latest earnings result. Markets watching whether AI boom still has room to run. Greg Boland from Moomoo Securities. See omnystudio.com/listener for privacy information.
Bond markets tell a different story to equity markets | Tue 19 May
Yields have been pushing higher through May, while equities are still performing strongly. Andrew Ede from Craigs Investment Partners.See omnystudio.com/listener for privacy information.
The latest on AI money and global power | Tue 19 May
Fantail Ventures' Jonty Kelt discusses from funding frenzies to US-China tentions, where tech money is heading nextSee omnystudio.com/listener for privacy information.
The Milford Report - some of the big questions investors are asking | Tue 19 May
How can the US market be back at highs when we have a war on? Milford Wealth Management Adviser Bruce O’Leary. See omnystudio.com/listener for privacy information.
Record Kiwisaver participation fuels contribution boom despite rising cash-outs | Tue 19 May
Senior Correspondent Katie Bradford talks to the FSC's Kirk Hope about the future of Kiwisaver See omnystudio.com/listener for privacy information.
The power of power naps | Tue 19 May
Garth Bray fills us in on 'nappacinos'See omnystudio.com/listener for privacy information.
Run clubs trending | Mon 18 May
Trade stats show we imported $64.5 million dollars worth of running shoes last year, up from 45 and 49 million in the previous two years.See omnystudio.com/listener for privacy information.
Kiwi startup Marloo takes AI financial advice platform global | Mon 18 May
Marloo's Shakeel Lala tells Herald NOW Business how its building the future of AI-powered financial advice See omnystudio.com/listener for privacy information.
Wall Street’s hard-charging risk rally just ran into a sharp increase in government bond yields | Mon 18 May
Shane Solly from Harbour Asset Management joins the show with more.See omnystudio.com/listener for privacy information.
Fran O’Sullivan Herald Business Commentator, on Trump's state visit to Beijing | Mon 18 May
Does NZ face a risk of being side-lined if the US and China move to a two-power trading arrangement that cuts across the rules smaller economies rely on? See omnystudio.com/listener for privacy information.
Global rates still drive NZ borrowing costs | Fri 15 May
Craigs Investment Partner's Andrew Ede discusses how global interest rates continue to shape NZ's rates outlook.See omnystudio.com/listener for privacy information.











