Economy
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Primary Sector
Western Saharan phosphate 'critical' to covid recovery - Ravensdown
Fertiliser cooperative Ravensdown says it should be “congratulated not castigated” for keeping the lines of supply open for critical phosphate rock into New Zealand during the covid-19 global crisis. The farmer cooperative, which together with Ballance Agri-Nutrients, forms a...
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Markets
MARKET OPEN: Pendulum swings back to risk-off on rising covid cases, IMF forecasts
New Zealand’s stock market may slide after the International Monetary Fund painted an even bleaker global economic picture and covid-19 cases continued to rise in the US. The IMF now sees the global economy contracting 4.9 percent in 2020, 1.9 percentage points more than the A...
Economy
RBNZ says it may still need to do more
The Reserve Bank may need to do more to support the local economy, saying gains from New Zealand's success in beating back covid-19 might not last. “The severe global economic disruption caused by the covid-19 pandemic is persisting, leading to lower economic activity, employm...
Property
Back to the drawing board on commercial rent abatement legislation
It's back to the drawing board for the coalition government and those commercial tenants who would have qualified for rent abatement after the government’s commercial rent relief legislation was shelved this week. But the scuttling of the rent abatement bill - after coalition...
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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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