Economy
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Policy
Coronavirus will loom over May 14 budget
Finance Minister Grant Robertson has announced this year's budget will be on May 14, with the impact of the coronavirus outbreak too hard to assess for him to rule out the potential for it to cause a recession. The precise impact will depend on the duration of the outbreak and i...
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Markets
Investor nerves settle on speculation outbreak may end by April
New Zealand shares may follow Wall Street higher after China’s senior medical adviser said the coronavirus outbreak may be over by April, however, the Reserve Bank's rate review will capture most of the local attention.“General sentiment toward risk-related assets was tentatively...
Policy
Robertson says books in good shape to weather coronavirus
Finance Minister Grant Robertson says the latest government accounts are in good shape, however the outbreak of coronavirus is expected to knock the economy in coming months.The government's operating balance before gains and losses was a surplus of $400 million in the six months...
Markets
Coronavirus fears remain as Wall Street recovers
The local market may fare better after Wall Street had a positive start to the week although the coronavirus crisis remains front of mind.Wall Street’s three major stock indices rallied after people across China began to return to work after the extended Lunar New Year holiday.Ac...
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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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