Economy
Explore the latest economy news by BusinessDesk
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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Finance
ANZ Bank will also honour spirit of govt-backed business loans
New Zealand's largest bank, ANZ Bank, said it will also abide by the spirit of the government's $6.25 billion business finance guarantee scheme and will base its assessment of a firm's solvency on how they were performing before the coronavirus crisis and the nation's shutdown....
Economy
Covid-19 smashes business confidence
Covid-19 took a sledgehammer to business confidence, with local firms the gloomiest they have ever been in ANZ Bank’s latest survey.A net 26.7 percent of firms expect weaker activity for their own business, the lowest reading since the survey began in 1988 and down from 12 percen...
Economy
Strong NZ govt balance sheet about to blow out
A strong balance sheet will help the New Zealand government weather covid-19, although its latest accounts already showed signs of the pandemic's impact.“These results have reflected some of the covid-19 related impacts, mainly in relation to the significant losses impacting the...
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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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