Economy

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Orr tells banks to boost SME spend
Opinion

Brent Melville: Orr tells banks to boost SME spend

Reserve Bank Governor Adrian Orr has some straight-shooting advice for small business once covid-19 restrictions are gone: don’t be over-leveraged, ensure you have access to capital across different debt providers and be prepared to work in partnership to access more capital stre...

Brent Melville 21 Apr 2020
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Earnings guidance: 'How would we know?'
Markets

Earnings guidance: 'How would we know?'

Many companies have suspended earnings guidance, effectively throwing up their hands and writing off the next year as a complete unknown.And, with the path of the pandemic still difficult to predict, investors have struggled to work out company earnings and how they should value...

Dan Brunskill 21 Apr 2020
Ministers hint at cashflow grants in Budget for SMEs
Retail Free

Ministers hint at cashflow grants in Budget for SMEs

Ministers are considering cashflow replacement grants for small and medium-sized businesses hard-hit by the lockdown required to beat the covid-19 virus.

Pattrick Smellie 21 Apr 2020
Govt to move against trading in tax losses
Law & Regulation

Govt to move against trading in tax losses

Tax changes to assist businesses hit by covid-19 will be made mischief-proof to prevent anyone taking over a loss-making company just to get access to its tax losses, Revenue Minister Stuart Nash told Parliament's epidemic response committee.Nash said the government was aware...

Pattrick Smellie 21 Apr 2020


Pattrick Smellie
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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