Economy
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Infrastructure
Mainfreight says world's freight lanes remain open
Mainfreight said the world's freight trade lanes remain open and that its own trading this calendar year remains ahead of where it was in 2019."Although we are heading into a period of uncertainty, the world's freight trade lanes remain open," the company told NZX."All 275 of Mai...
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Economy
Protect your key people, assess cash flow: PwC advice
Accounting firm PwC New Zealand is advising clients they should be adopting policies to ensure their key people aren't taken out of action by the coronavirus crisis.Insolvency partner John Fisk told BusinessDesk his firm is "absolutely" getting more inquiries from clients than us...
Infrastructure
Auckland Airport, Vista can dividends; F&P Health on the up
Auckland International Airport and Vista Group International both cancelled dividends to protect their balance sheets as the global pandemic clouds their outlook.However, breathing mask respirator maker Fisher & Paykel Healthcare raised its earnings guidance as the benefit of a w...
Markets
Eyes on govt package as volatility pummels markets
Volatility remains off the charts with Wall Street down around 9 percent as markets continue to grapple with the ramifications of covid-19. The kiwi dollar meanwhile could be heading to parity against the Aussie.The Dow Jones Industrial average was down 9.6 percent, while the Nas...
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Pattrick Smellie
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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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