Economy
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Economy
PREFU: Short term looks better but recovery to take longer
The immediate covid-19 hit to New Zealand’s economy isn’t as harsh as expected but the recovery is now expected to be a longer slog.
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Coronavirus
Southern Cross triples surplus after paying $50m covid discount
Southern Cross Health Society almost tripled its surplus in the 12 months to June as it made gains on its investments and interest. The insurer, New Zealand's largest, said its surplus before tax was up from $10.7 million last year to $32.4 million. But the not-for-profit...
Property
Watercare will find $122m to help keep council afloat
Water infrastructure charges levied into Auckland's hot property development market could provide enough liquidity to keep council from drowning in debt.
Economy
ELECTION 2020: Be credible on spending - Greens
Green co-leader James Shaw wants to see credible fiscal plans from his rivals given a shrinking tax take will make it harder to fund major infrastructure programmes and fast debt repayment. The finance spokespeople of the major Labour and National parties stuck to their respec...
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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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