Economy
Explore the latest economy news by BusinessDesk
Infrastructure
Northland rail spend paves way for Northport expansion - Jones
New investment in the Northland rail network lays the groundwork for shifting Ports of Auckland's operations to Northport, according to Regional Economic Development Minister Shane Jones.Jones announced the $109.7 million Provincial Growth Fund investment for KiwiRail at an event...
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Primary Sector
China snapped up nearly a third of NZ exports in 2019
China’s hunger for New Zealand food means nearly a third of total exports are now snapped up by the Asian nation and - thanks to the African swine fever outbreak - it was the top market for kiwi beef in 2019.Exports to China jumped 21 percent to $16.7 billion in the 12 months to...
Policy
Fee cuts mooted in proposed KiwiSaver revamp
Lower fees and more incentives for the self-employed are among recommendations the Commission for Financial Capability has made on ways to improve the KiwiSaver scheme.Changes to the 12-year-old savings scheme, intended to supplement New Zealand Superannuation, accounted for 13 o...
Policy
RBNZ rate committee to test whether 'enough has been done'
The Reserve Bank's monetary policy committee will be asking "whether enough has been done" when it starts deliberations next week ahead of its scheduled interest rate announcement, on Feb. 12. The central bank cut the official cash rate by 75 basis points to a record low 1.0 per...
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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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