Economy

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Falling log prices may make some woodlots unprofitable - ANZ
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...

Rebecca Howard 08 Jul 2019
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Re-opening Stratford-Okahukura line priority for KiwiRail CEO
Policy

Re-opening Stratford-Okahukura line priority for KiwiRail CEO

By Gavin Evans July 4 (BusinessDesk) - A $40 million project to reopen the mothballed Stratford to Okahukura rail line is a priority for new KiwiRail chief executive Greg Miller. The line, shut since a derailment in 2009, is the only alternative north-south rail link should...

Gavin Evans 03 Jul 2019
NZX on-market trading recovers in June with more lower value activity
Markets

NZX on-market trading recovers in June with more lower value activity

By Paul McBeth July 3 (BusinessDesk) - The value of share trading through the formal stock exchange recovered in June, with increased activity albeit on a smaller turnover.  The number of share transactions on the NZX climbed to 394,232 in June, 33 percent more than the sam...

Paul McBeth 02 Jul 2019
Agri-tech sector to pioneer govt industry transformation strategy
Primary Sector

Agri-tech sector to pioneer govt industry transformation strategy

By Pattrick Smellie July 2 (BusinessDesk) - Agricultural technology should be one of New Zealand's leading sources of high-value jobs, exports and improved farming practice, but has failed to grow much in the last decade, prompting the government to make it the focus of the fi...

Pattrick Smellie 01 Jul 2019


Pattrick Smellie
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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