Economy
Explore the latest economy news by BusinessDesk
Markets
MARKET OPEN: It's all about what level 2 will look like
The domestic market will be focused on what restrictions will ease in the next stage of New Zealand’s covid-19 controls, although bleak US economic data may keep a lid on the enthusiasm. The government is slated to announce today what the panorama will look like as the country...
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Finance
Govt's $6.25b business guarantee better for later lending: banks
The government's business finance guarantee scheme is something most firms won't be interested in applying for until further down the track into the recovery from the economic shock of the coronavirus crisis, according to the major banks. ANZ Bank said the changes the Treasury...
Policy
Budget 2020: Chance to 'build back better' as virus 'resets the clock'
Next Thursday's Budget will be the first outing for the government's vision not only to recover from the massive shock of the response to covid-19, but to "build back better."
Infrastructure
Looming power sector losses must be shared – Ecotricity
The electricity sector needs a plan for how it will share the cost of unpaid power bills as job losses and business closures mount in coming months, retailer Ecotricity says. A support package the Electricity Authority announced yesterday for smaller power retailers is a good...
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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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