Economy
Explore the latest economy news by BusinessDesk
Pay rises lift employment confidence; outlook weak
By Paul McBeth June 25 (BusinessDesk) - Employment confidence recovered from a dip at the start of the year as more surveyed workers reported pay increases. The Westpac McDermott Miller employment confidence index rose 2.7 points to 116.9 in the June quarter, reversing som...
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Policy
OECD says NZ's living standards framework positive but has gaps
By Rebecca Howard June 25 (BusinessDesk) - Treasury’s living standards framework reflects good practice internationally but has some data gaps, including in areas where New Zealand fares poorly, the Organisation for Economic Cooperation and Development says. "The concepts...
Policy
Security guards, cleaners and supermarket workers nominated for first Fair Pay Agreements
By Pattrick Smellie June 25 (BusinessDesk) - Peak trade unions are targeting security guards, supermarket workers and cleaners as the first lowly-paid sectors where new legislation to create nationally binding, sector-wide Fair Pay Agreements should be used. Some 44,000 peo...
Infrastructure
UPDATE: Strong construction growth shores up 1Q GDP but services weak
(Recasts lead, updates currency in paragraph four, adds comment from economists beginning in paragraph seven.) By Rebecca Howard June 20 (BusinessDesk) - New Zealand’s economy grew in line with expectations in the first quarter, with strong construction activity offsetting ...
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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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