Economy

Explore the latest economy news by BusinessDesk
Working holiday boost may not be enough for Fifa World Cup
Policy

Working holiday boost may not be enough for Fifa World Cup

The industry says the government should have done more to secure a workforce for the world cup.

Jem Traylen 06 Apr 2023
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RBNZ takes a different approach than Canada and Australia
Policy

RBNZ takes a different approach than Canada and Australia

The RBNZ lifted the official cash rate by 50 basis points to 5.25% while Australia and Canada opted to pause.

Rebecca Howard 05 Apr 2023
Consumer spending reaches new highs but still in line with inflation

Consumer spending reaches new highs but still in line with inflation

Spending had kept just above inflation but there had been a noticeable decline in card spending on 'big ticket' items.

Dileepa Fonseka 05 Apr 2023
Reserve Bank hikes the official cash rate by surprise 50 basis points

Reserve Bank hikes the official cash rate by surprise 50 basis points

The New Zealand dollar rallied sharply on the higher-than-expected hike.

Staff reporters 05 Apr 2023


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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