Economy
Explore the latest economy news by BusinessDesk
News in Brief
Household demand looks to be cooling in line with RBNZ wishes
The Reserve Bank of New Zealand’s monetary policy tightening looks to be cooling household demand.The official cash rate is currently 5.5%, well off the 0.25% it was two years ago.Earlier this month, the Reserve Bank of NZ held rates at 5.5% and said: “The current level of intere...
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Policy
Cabinet makes initial steps to regulate carbon markets
Financial Markets Authority to regulate carbon trading.
Policy
Reserve Bank vigilant as NZ dollar dips to nine-month low
The RBNZ is in watch, worry, wait mode.
Infrastructure
Exclusive
Half of plastics and paper recycling is shipped overseas
NZ sent 9,527 tonnes of plastics and 57,443 tonnes of paper overseas last year.
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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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