Economy
Explore the latest economy news by BusinessDesk
Retail
Retail card spending flat in June on lower fuel costs
By Rebecca Howard July 11 (BusinessDesk) - Consumers spent less on fuel in June but more on furniture, hardware and appliances. Seasonally-adjusted electronic card spending was unchanged in June after falling 0.5 percent in May, according to Statistics New Zealand. Economis...
Economy sponsored by
Worldline
Worldline is NZ’s most experienced paytech, revolutionising how kiwis pay instore, online and with mobile payment solutions.
Retail
Annual food prices inch up 0.5% in June; rental inflation steady
By Rebecca Howard July 10 (BusinessDesk) - New Zealand food prices lifted 0.5 percent in the year to June, bolstered by higher prices for restaurant meals and ready-to-eat food. Rental inflation remained steady. The annual rise in food prices followed a 1.7 percent gain in...
Policy
NZ Initiative comes out swinging against labour reforms
By Pattrick Smellie July 9 (BusinessDesk) - Industries with large workforces will be most at risk of being hijacked by small numbers of workers seeking nationally binding, collectively bargained employment arrangements whether or not the majority wants them, the business-backe...
Primary Sector
Falling log prices may make some woodlots unprofitable - ANZ
By Rebecca Howard July 8 (BusinessDesk) - In-market prices for logs in China - New Zealand's largest export market - have fallen in recent weeks and ANZ Bank warns the drop will make the harvest of some woodlots unprofitable. While some price softening is not unusual at thi...
Prev
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.
Followers will be emailed
articles by Pattrick