Economy
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Retail
First Union leading rivals for biggest average pay claims, says bargaining firm
By Pattrick Smellie July 18 (BusinessDesk) - Wage negotiations are becoming tougher, with the First Union leading the pack as it adopts more aggressive tactics to win higher than average wage settlements than competing unions, says Adelhelm & Associates in its 10th annual revi...
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UPDATE: NZ 2Q inflation climbs in line with expectations
(Updates currency level, and adds comment from economists in 5th, 9th and 10th paragraph) By Rebecca Howard July 16 (BusinessDesk) - New Zealand’s consumers price index rose in the June quarter on higher prices for petrol, rent and ready-to-eat foods, but is unlikely to st...
Services
Tourist numbers dip in May on fewer Chinese, Indian arrivals
By Rebecca Howard July 15 (BusinessDesk) - International travel into New Zealand eased in May with fewer visitors arriving from China and India. About 219,300 visitors arrived in New Zealand in May, down 1.2 percent on the year, Stats NZ figures show. The number of Chinese...
Services
Softer June services activity points to economic slowdown
By Rebecca Howard July 15 (BusinessDesk) - Activity in New Zealand's services sector softened in June, adding to a picture of lacklustre economic growth. The BNZ-BusinessNZ performance of services index fell 0.8 of a point in June from May to a seasonally adjusted 52.7. Tha...
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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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