Economy
Explore the latest economy news by BusinessDesk
RBNZ cuts to 5.25% and signals more to come
Banks responded quickly to the news.
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RBNZ cuts OCR to 5.25%, kiwi falls
The market had priced a 60% chance of a cut.
Opinion
Cameron Bagrie: Hard choices: rip or leave NZ economy band-aid
NZ stands at a critical juncture where we must embrace change or take the easy road.
Markets
Rate decision odds are tight, NZD set for a wild ride
RBNZ decision could see the NZD react strongly either way.
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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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