Economy

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Rosemary Banks named NZ ambassador to US
News in Brief

Rosemary Banks named NZ ambassador to US

Rosemary Banks has been appointed New Zealand's new ambassador to the United States.Banks, chair of the NZ-US Council, served as NZ's ambassador to Washington from 2018 to 2022. She has also headed NZ diplomatic missions to New York and Paris and served as deputy secretar...

Staff reporters 07 May 2024
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ANZ increases cash profit as net interest margins get squeezed
Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 07 May 2024
Willis pledges fiscal discipline with caveats
Economy

Willis pledges fiscal discipline with caveats

Budget allowances will be binding unless ...

Jem Traylen 07 May 2024
Homeowners dealing with interest rate pressure: Westpac
Economy

Homeowners dealing with interest rate pressure: Westpac

The bank's home loan book grew 3% in the first half.

Riley Kennedy 07 May 2024


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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