Economy
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Finance
Solid jobs numbers won't sway RBNZ - economists
By Rebecca Howard Aug. 6 (BusinessDesk) - New Zealand’s unemployment rate hit an 11-year low, but economists say the data won’t put off tomorrow’s widely expected rate cut and most say it doesn’t change anything down the track. The central bank is expected to cut rates by 2...
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UPDATE: New Zealand's unemployment rate falls to 11-year low
(Updates with additional detail from seventh paragraph) By Rebecca Howard Aug. 6 (BusinessDesk) - New Zealand’s unemployment rate fell to an 11-year low while wages ticked up on the back of a rise in the minimum wage. The seasonally adjusted unemployment rate fell to 3....
FIRST TAKE: NZ unemployment rate hits 11-year low
By Rebecca Howard Aug. 6 (BusinessDesk) - New Zealand’s unemployment rate fell to an 11-year low while wages ticked up on the back of a rise in the minimum wage. The seasonally adjusted unemployment rate fell to 3.9 percent in the three months ended June 30, from 4.2 percen...
Primary Sector
NZ commodity prices fall in July on slide in dairy, forestry prices
By Rebecca Howard Aug. 5 (BusinessDesk) - New Zealand commodity prices fell in July, weighed by the recent fall in forestry and dairy prices. The ANZ world commodity price index fell 1.4 percent in July after falling 3.9 percent in June. The July index was 0.5 percent lower...
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Pattrick Smellie
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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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