Economy
Explore the latest economy news by BusinessDesk
Finance
S&P expects NZ banks' covid-19 losses to peak at $4.7b
Credit rating agency Standard & Poor's expects New Zealand 'big four' banks' collective covid-19-related losses will peak at about $4.7 billion but they're well-placed to absorb such losses so it shouldn't affect their capital positions. The international ratings agency has ma...
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Opinion
Shamubeel Eaqub: SHAMUBEEL EAQUB: On free money
Sense Partners economist Shamubeel Eaqub was surprised recently to find that the Social Credit party had made him a poster-boy, along with various other well-known New Zealand economic luminaries, for the idea that all governments need do to fix their economic problems is print a...
Markets
MARKET OPEN: All eyes on the RBNZ
Domestic markets will be waiting to see just how many government bonds the Reserve Bank plans to buy and whether interest rates could fall into negative territory to help New Zealand weather the economic fallout from covid-19. The bank's monetary policy committee is due to pub...
Property
Covid-19: doom or boom for city office space?
Some have rushed to judgement that the coronavirus crisis spells the end of the office as we know it.
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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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