Economy
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Economy
NZ Inc should be capitalising on covid-free status and PM's global profile
New Zealand should be capitalising on our covid-free status and the global reputation of Prime Minister Jacinda Ardern but the government still has a counterproductive "fortress New Zealand" mentality, according to New Zealand Initiative chair Roger Partridge. "Let's capitalis...
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Markets
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Is the art market covid-proof? Well, just maybe
Wellington art auction house Dunbar Sloane marked the end of an era this week, bringing the hammer down - or in this case, an HB pencil clasped in the left hand of veteran auctioneer Anthony Gallagher - on a stylised bronze coin by New Zealand sculptor Terry Stringer titled, fitt...
Infrastructure
Air NZ shares rise 8.6% as it targets another $150m of savings
Air New Zealand shares rose 8.6 percent after the airline said it plans to cut its wage bill by another $150 million in its bid for survival. The national carrier had already embarked on plans to cut its workforce by a third in a bid to save between $350 million and $400 milli...
Retail
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Rising air freight costs poised to push up retail prices
Kiwi consumers face higher prices for imported goods as the lack of passenger flights in and out of the country has pushed up air freight prices. Parallel importer Mighty Ape has seen the cost of air freight rise three-to-five times what it was before the covid-19 pandemic. An...
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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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