Economy
Explore the latest economy news by BusinessDesk
Rio Tinto to close Tiwai Point smelter next year
Rio Tinto will start planning for the wind-down of operations and the eventual closure of the Tiwai Point smelter following the conclusion of its strategic review.
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Markets
MARKET OPEN: Wall Street cheer may help local market but covid worries continue
Investors may be cheered by a slightly better night on Wall Street, although ongoing concerns about rising covid-19 cases in the US and Australia will keep a lid on the enthusiasm. The number of confirmed US cases surpassed 3 million, affecting nearly one of every 100 American...
Retail
Retail patriotism peters out
The initial flurry to support local businesses hit by the covid-19 lockdown has subsided as consumers regained their freedom to shop around, but researchers say retail parochialism is settling at a higher level than before the pandemic. A survey by business consultancy Rutherford...
Primary Sector
Fruit and wine worker cap to stay the same, but more Kiwis needed
The government has scrapped a planned increase to the cap on the recognised seasonal employer scheme, instead holding the number of migrant workers at 14,400 for the coming harvest in the hope that Kiwi workers might make up the shortfall. After announcing adjustments to work...
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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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