Best of Business

Phil Wicks: Small Business NZ Founder on the cost of businesses hiring the wrong staff

4 min · 10. juni 2026
episode Phil Wicks: Small Business NZ Founder on the cost of businesses hiring the wrong staff cover

Description

The cost of hiring the wrong person is racking up for employers, despite a large number of applicants.   New Seek data estimates small and medium sized businesses lose more than $900 million a year from bad hires.   Small Business NZ founder Phil Wicks told Francesca Rudkin the quality of applicants seems to be slowly declining.   He says often in the trades, it's hard to find the right person, and yet the industry's under immense pressure to find people quickly.  LISTEN ABOVE  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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episode Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies artwork

Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies

Kiwis are often told to look for the best deals on power, and they're not afraid to swap providers for a better price. So who's winning and who's losing the battle for those customers? Data from the Electricity Authority shows that Genesis Energy is the biggest loser here, with the company losing a net 35,015 customers in the year to June. Nova lost 9059, Manawa 3329 and Mercury 2706. On the opposite end, Contact gained 20,577, Electric Kiwi gained 11,590 and Meridian gained 10,288.  Consumer NZ Paul Fuge says the energy market is quite volatile, and many companies have been making changes to keep up. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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