Economy
Explore the latest economy news by BusinessDesk
Coronavirus
Air NZ bids hasta la vista to Argentina, delays New York direct service
Air New Zealand's direct flights between Auckland and the Argentinian capital Buenos Aires will not resume and the national carrier says it won't launch its non-stop service to New York until late 2021 "at the earliest."It also won't resume its Los Angeles to London r...
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Markets
MARKET OPEN: Week may end on upbeat note with lockdown easing
Local markets may end the week on a positive note after global equity markets largely shrugged off grim European and US data and investors here prepare for the covid-19 lockdown to ease on Tuesday. In Europe, the IHS Markit’s Flash Composite Purchasing Managers’ Index sank to...
Coronavirus
Little financial impact from covid-19 for nearly a third of employees
While much of the focus on the economic devastation wrought by the coronavirus crisis has been on small- to medium-sized businesses, a survey of larger firms suggests about 61 percent are running normally, so nearly a third of employees have suffered little or no financial impact...
Services
Unions hold fee increases, take wage subsidy as redundancies hit
Two of the country’s biggest private-sector unions have suspended fee increases and claimed the government wage subsidy, as a wave of redundancies has eaten into their membership. Both E tu and First Union have deferred scheduled membership fee increases due to take effect on...
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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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