Economy
Explore the latest economy news by BusinessDesk
Coronavirus
Air NZ – two years to lift back up to 70%
Chief executive Greg Foran cuts executive team from nine to six - senior leaders next.
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Infrastructure
Marsden Point plans production halt in July, August
The Marsden Point oil refinery is to stop production for several weeks from late July to help clear surplus fuel stocks around the country. The plant has been operating at about half capacity the past two months, minimising production by running units on a rotating basis. It n...
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Coronavirus
Global lockdown boosts Kiwi fitness app
A world under lockdown has driven enormous revenue growth for one Kiwi start-up, which says it received as much revenue in April as it had for the 12 months before that.
Services
Sky TV offers cheap shares to raise $157m, talks up next phase
Sky Network Television plans to raise $157 million through a deeply discounted share offer to shore up its balance sheet while national and international sporting events are restricted.
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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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