Economy
Explore the latest economy news by BusinessDesk
Infrastructure
Auckland Airport, Vista can dividends; F&P Health on the up
Auckland International Airport and Vista Group International both cancelled dividends to protect their balance sheets as the global pandemic clouds their outlook.However, breathing mask respirator maker Fisher & Paykel Healthcare raised its earnings guidance as the benefit of a w...
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Markets
Eyes on govt package as volatility pummels markets
Volatility remains off the charts with Wall Street down around 9 percent as markets continue to grapple with the ramifications of covid-19. The kiwi dollar meanwhile could be heading to parity against the Aussie.The Dow Jones Industrial average was down 9.6 percent, while the Nas...
Markets
NZX has tools to keep trading orderly
NZX Regulation has reminded listed companies that it has circuit-breakers at its disposal to manage market volatility and can halt trading to calm disorderly trading.The stock market operator’s regulation arm said its circuit-breakers apply at a financial product level rather tha...
Coronavirus
EY tells staff to stay home for two weeks
New Zealand staff at 'big four' accounting firm EY have been told to work from home for two weeks from tomorrow as professional services firms adapt their workforces to meet covid-19 restrictions. While the accounting giant has no confirmed cases of covid-19, it said from Monday...
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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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