Economy
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Economy
NZ dollar steady ahead of Fed decision, NZ GDP
By Rebecca Howard June 19 (BusinessDesk) - The New Zealand dollar was steady as markets await a raft of key events tomorrow, including the results of the Federal Reserve's latest policy-setting meeting. The kiwi was trading at 65.26 US cents at 5pm in Wellington from 65.25...
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Economy
Wider annual current account deficit meets expectations
By Rebecca Howard June 19 (BusinessDesk) - New Zealand’s annual current account deficit widened in the March quarter, as the goods and services balance swung to a deficit as expected. The annual deficit was $10.6 billion, or 3.6 percent of gross domestic product in the thre...
Economy
NZ consumer confidence still downbeat in June quarter
By Rebecca Howard June 18 (BusinessDesk) - New Zealand households remain downbeat with consumer confidence dipping in June and remaining at below average levels, the latest Westpac McDermott Miller survey shows. The consumer confidence index fell 0.3 points to 103.5 in the...
Economy
Productivity Commission appointments bolster labour, health, environment credentials
By Paul McBeth June 17 (BusinessDesk) - Finance Minister Grant Robertson's two newest appointments to the board of the Productivity Commission will beef up its credentials in the economics of labour and health issues, and environmental policy. Former Department of Prime Mi...
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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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