Economy
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Markets
MARKET OPEN: Investors likely cheered as lockdowns ease here and abroad
The New Zealand market may get a boost as the covid-19 lockdown ends and as efforts to reopen other economies gather momentum. Today marks the first day under reduced restrictions for New Zealand. Some 400,000 people have returned to work in sectors like construction and accor...
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Finance
JENNY RUTH: What messages are corporate bonds sending?
Trading in corporate bonds listed on the NZX provides some interesting inferences as to what investors are thinking at a time when rational thought may be hard to come by. Take New Zealand Post – yes, it's facing severe structural challenges with dwindling mail volumes, but it...
Economy
Contact tracing system still in development as full lockdown ends
The public health system is now said to be operating the promised 'gold standard' contact tracing and testing system promised a week ago, even though key elements of it remain in development. Speaking at the last daily press conference of the nearly five weeks of full national...
Economy
BNZ's first-half result a bright spot as NAB raises A$3.5b
Bank of New Zealand's cash earnings rose 5.6 percent in the six months ended March, mainly reflecting 8.5 percent growth in housing lending and lower charges against profit for bad loans.Earnings at its parent, National Australia Bank, more than halved, largely due to an A$80...
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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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