Economy
Explore the latest economy news by BusinessDesk
Economists still expect 50bps rate cut after jobs data
The data did take a 75bps cut off the table.
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News in Brief
New jobs data in: Unemployment rises to 4.8%
Unemployment rose to 4.8% in the September quarter – worse than in June but better than many pundits had expected.The seasonally adjusted unemployment rate, as measured by the Household Labour Force Survey, was 4.8% in the quarter, compared with 4.6% in the previous quarter.”The...
US Election 2024
US election one of many geopolitical tensions: RBNZ
Result of the battle to be US President may not be known for weeks.
Climate change
Penk ignores officials' advice on green building regulations
Officials warned a voluntary approach would not reduce emissions and lead to higher costs.
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Pattrick Smellie
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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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