Economy
Explore the latest economy news by BusinessDesk
Primary Sector
Water, methane reforms a $7b hit to economy by 2050: Dairy NZ
Implementing the government's freshwater clean-up reforms and cutting methane emissions will cost the economy about $7 billion a year by 2050, lobby group DairyNZ says.The government's Essential Freshwater package "could significantly harm New Zealand's dairy sector and the wider...
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Finance
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Kids, elderly keep cash use alive, Reserve Bank study finds
As anyone who has bought a $2 picture from a streetside stall staffed by 7 year-olds or watched an elderly person fumble with an ATM already knows, cash remains the preferred medium of the very young and older people.Now, a Reserve Bank study into society's use of the folding stu...
Strong dairy exports narrow Sept trade deficit
The September trade deficit was narrower than expected as a surge in butter, milk and cheese exports offset a slide in logs and fruit. The September trade deficit was $1.2 billion while the annual deficit was $5.21 billion, Stats NZ said. Economists polled by Bloomberg had exp...
Markets
Domestic AGMs, multi-national earnings to provide economic insights
Annual meetings will dominate the domestic corporate news flow this week and corporate earnings reports from some global household names will provide an insight into how the world economy is faring. “We will get more pieces of the puzzle that will add to the economic backdrop,...
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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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