Economy
Explore the latest economy news by BusinessDesk
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Law & Regulation
KPMG introduces 15% 'salary sacrifice' as covid-19 bites
KPMG has asked staff to take a 15 percent pay cut, calling it a “salary sacrifice” needed since it doesn’t qualify for the government wage subsidy. It is also cutting partner drawings by 20 to 40 percent, a move in line with two other big four accountants, EY and PwC. However, th...
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Infrastructure
Fletcher to resume SkyCity rebuild, other projects in stages
Fletcher Building plans to resume work on the SkyCity International Convention Centre and hotel as soon as the nation's full lockdown ends on April 28. New Zealand will go from the lockdown of everything other than essential services, known as alert level 4, to level 3 just be...
Infrastructure
NZ not immune to global oil glut
Reduced fuel imports by Z Energy and slashed production at the Marsden Point oil refinery are local examples of the “total supply disconnection” underway in global fuel markets, a leading energy analyst says. The world’s oil supply network had proved incredibly resilient to su...
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Primary Sector
Fieldays' No 8 fencing wire solution – go online
National Fieldays is going virtual following the postponement of this June's event as event organisers cling on to their fading hope that the event could still proceed later this year. But a number of exhibitors say, with virtually zero prospects of large events being allowed...
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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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