Economy

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'Never say never' but Robertson not keen on direct money-printing
Economy

'Never say never' but Robertson not keen on direct money-printing

Finance Minister Grant Robertson is not ruling out ever having the Reserve Bank create money by buying bonds straight from the government but says doing so now is unnecessary and would send the wrong signals to the financial markets. "We don't see the need for that," he said i...

Pattrick Smellie 08 May 2020
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No early chance for international education to resume - Robertson
Economy

No early chance for international education to resume - Robertson

Hopes of some education providers that foreign students could start arriving within weeks using existing quarantine facilities are looking increasingly unlikely.

Pattrick Smellie 08 May 2020
Banks have lent only $23m of the govt's $6.25b business lending scheme
Finance

Banks have lent only $23m of the govt's $6.25b business lending scheme

New figures from the New Zealand Bankers' Association show why Finance Minister Grant Robertson has appeared frustrated about the lack of lending under the government's $6.25 billion business finance guarantee scheme. NZBA said only 174 loans worth a total of $23 million have...

Jenny Ruth 08 May 2020
NZ top 25 continue to mix funding sources
Coronavirus

NZ top 25 continue to mix funding sources

The top 25 companies on the NZX continue to dominate alternative funding, with the next tier of 25 listed companies relying on banks as their primary source of debt, according to Chapman Tripp’s latest funding composition survey. Of the top 25 companies by pre-covid market cap...

Brent Melville 08 May 2020


Pattrick Smellie
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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