Economy
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Markets
NZ dollar weaker after Trump authorises use of emergency crude stockpile
By Rebecca Howard Sept. 17 (BusinessDesk) - The New Zealand dollar fell against the US dollar after President Donald Trump authorised the use of the country's emergency crude stockpile after the weekend attack on Saudi Arabia’s major oil facilities. The kiwi was trading at...
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Primary Sector
RESENDS: UK trade minister pops up into Wgtn, promises 'better deal' for NZ ag exports
Resends to correct typo in first paragraph By Pattrick Smellie Sept. 16 (BusinessDesk) - New Zealand should get a better deal for exports of sheepmeat, beef and dairy products into the United Kingdom after Brexit, the British Minister of State for Trade, Liz Truss, said in...
Services
Bubbly services sector seen keeping growth afloat in June quarter
By Rebecca Howard Sept. 16 (BusinessDesk) - Service sector output may have kept the economy ticking over in the June quarter, but economists say the sluggish backdrop points to at least one more interest rate cut before December. The median in a Bloomberg poll predicts gros...
Services
Service sector activity eases in August but still expanding
By Rebecca Howard Sept. 16 (BusinessDesk) - Activity in the services sector eased marginally in August but continues to expand. The BNZ-BusinessNZ performance of services index fell 0.2 points from July to a seasonally adjusted 54.6 and was 1.3 points higher than August 201...
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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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