Economy
Explore the latest economy news by BusinessDesk
Opinion
Brian Gaynor: BRIAN GAYNOR: Covid-19 is much bigger than the GFC
The Treasury’s latest economic forecasts clearly illustrate that this isn’t just another global financial crisis.The latest crisis has been caused by a ‘once in a century public health shock’ whereas the late 2000s GFC had its origins in shonky finance sector activities, which in...
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Economy
Tax changes, rent package coming to help small business: Robertson
Tax system changes will be among measures outlined to assist small and medium-sized businesses in a speech to Business New Zealand tomorrow from Finance Minister Grant Robertson.Speaking at today's post-Cabinet press conference, Robertson said further assistance for SMEs was in t...
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Opinion
Pattrick Smellie: PATTRICK SMELLIE: Time to let NZME and Stuff merge?
NZME's latest market update made ugly reading.Hot on the heels of February's annual result - where NZME booked a $175 million writedown on the value of its masthead titles - was news that the firm's headcount is in the process of being cut by 200 - roughly the size of the total s...
Retail
2degrees to lay off 120 staff, slash costs as covid-19 hits revenue
Two Degrees Mobile will lay off 120 staff as part of a wider cost-cutting drive to offset the decline in revenue brought on by the covid-19 crisis.The country’s third mobile player said it’s working through a range of initiatives to strip out costs and plans to cut its 1,200-stro...
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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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