Economy

Explore the latest economy news by BusinessDesk
Not everyone thinks the RBNZ should cut this week

Not everyone thinks the RBNZ should cut this week

Three out of five members of NZIER's Shadow Board recommend a hold. 

Rebecca Howard 26 May 2025
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RBNZ rate cut baked in, eyes on track

RBNZ rate cut baked in, eyes on track

The RBNZ is expected to cut by 25 basis points to 3.25%.  

Rebecca Howard 26 May 2025
Downturn dims luxury's lustre
Retail

Downturn dims luxury's lustre

Louis Vuitton NZ's revenue dropped 10.7% to $82.2 million year on year.

Gregor Thompson 26 May 2025
Shuffling the deckchairs for science
Budget 2025

Shuffling the deckchairs for science

The Government will move $212m from existing programmes to fund science reforms.

Greg Hurrell 23 May 2025


Pattrick Smellie
Pattrick Smellie

Founding Editor

Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.

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