Economy

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Auckland Airport planning more staff cuts
Coronavirus

Auckland Airport planning more staff cuts

Auckland International Airport is planning more staff cuts as it struggles to weather the collapse in international travel. The company has already trimmed its workforce by 25 percent and is proposing more reductions, mainly impacting its infrastructure and operations team, it...

Rebecca Howard 01 Jul 2020
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Worldline
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Govt names first $240m spend from $3b infrastructure programme
Economy

Govt names first $240m spend from $3b infrastructure programme

Twelve projects announced today as part of the government’s latest post-covid infrastructure spend include everything from social housing, to an inland port development and a hydrogen-blend sewage treatment project. The projects could employ more than 1,700 people and account...

Gavin Evans 01 Jul 2020
Xero's NZ subs recover some revenue in May
Economy

Xero's NZ subs recover some revenue in May

Small businesses rebounded strongly in May compared to April but their revenue was still well down on May last year.

Jenny Ruth 01 Jul 2020
F&P Healthcare breaches $20b market cap
Coronavirus

F&P Healthcare breaches $20b market cap

Fisher & Paykel Healthcare has become the NZX’s first $20 billion company after its share price rose another 5.3 percent to $35.28 today, bringing its year-to-date gain to almost 51 percent. The covid-19 pandemic has created unprecedented demand for the firm’s respiratory humidif...

Staff reporters 30 Jun 2020


Pattrick Smellie
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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