Economy
Explore the latest economy news by BusinessDesk
Coronavirus
Market compliance a small price to pay for access to capital
Access to equity and diversified debt capital should be “top of mind” for boards and executives as companies emerge from the current health crisis, NZX chief executive Mark Peterson says. “The value people will place on having access to equity and the way they think about thei...
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Finance
NZ's four major banks to cut branch numbers to 50 each by 2030: Tripe
New Zealand's four major banks will reduce their number of branches even faster as a result of the coronavirus crisis experience and each will be down to about 50 within 10 years, according to Massey University banking professor David Tripe.
News in Brief
Population reaches 5 million
New Zealand’s population crossed the five-million threshold in March.Stats NZ said the estimated resident population at the end of the month was 5,002,100, making the rhetorical “team of five million” an official reality. Population insights senior manager Brooke Theyers said the...
Coronavirus
BUDGET 2020: $60b bond programme needs private sector to step up
Finance Minister Grant Robertson's plan to borrow $60 billion in the 2021 fiscal year needs private investors to come to the party if it's going to be able to fund its huge covid-19 response. The government's debt programme has been supported by the Reserve Bank's quantitat...
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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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