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Cutting the OCR last year was a mistake - Alexander
Economy

Cutting the OCR last year was a mistake - Alexander

The Reserve Bank made a mistake cutting its official cash rate last year and the resulting reignition of house price inflation means the central bank will probably tighten loan-to-valuation restrictions on bank lending, according to economist Tony Alexander.The former Bank of New...

Jenny Ruth 24 Jan 2020
Govt triggers pandemic response plan
Economy

Govt triggers pandemic response plan

The government has triggered its official pandemic response plan as the World Health Organisation grapples with whether to call a global public health emergency over the coronavirus outbreak originating from the central Chinese city of Wuhan.Health Minister David Clark told journ...

Pattrick Smellie 23 Jan 2020
Tourism still easing as Australian, American visitor numbers decline
Economy

Tourism still easing as Australian, American visitor numbers decline

International visitor numbers continued to fall in November as declining numbers of Australians and Americans joined the slowdown in Chinese arrivals. Separately, provisional net migration numbers are lower than estimated as a new system gets fine-tuned.A total of 372,108 interna...

Rebecca Howard 23 Jan 2020


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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