Economy
Explore the latest economy news by BusinessDesk
Election 2020
A third of construction jobs at risk, says Infrastructure NZ
Many New Zealand infrastructure companies are within weeks of insolvency, putting as many as 30 percent of jobs in the sector at risk within three months unless a staged return to work can be arranged, the sector's main industry body has warned.That loss of nearly one-third of st...
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Primary Sector
Newsprint-maker Norske Skog grapples with shutdown order
Paper maker Norske Skog wants to keep its Tasman mill at Kawerau operating for another week while it still has fibre supplies rather than go through a costly plant closure. The operation was declared essential by the government last week but cleared to operate for only nine da...
Property
Vital Healthcare blames covid-19 for delayed restructuring vote
Vital Healthcare Property Trust chair Bernard Crotty adjourned today’s special meeting of unitholders until Thursday, citing covid-19 related issues. In a statement, the company said the meeting was adjourned for 48 hours as “several stakeholders" requested more time to prepar...
Infrastructure
Overseas specialists secured for key gas pipeline work
OMV has an international crew in isolation in Auckland so that critical pipeline inspections and maintenance can be completed to ensure gas supplies going into winter.About 80 specialist divers, engineers and crew have been working from the Normand Baltic off the Taranaki coast s...
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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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