Economy
Explore the latest economy news by BusinessDesk
Unemployment rate edges up to 3.6%
Meanwhile annual wage cost inflation remained at 4.3%.
Economy sponsored by
Worldline
Worldline is NZ’s most experienced paytech, revolutionising how kiwis pay instore, online and with mobile payment solutions.
Primary Sector
Whole milk powder prices plunge in dairy auction
The whole milk powder price fell to its lowest level in about three years.
Property
Residential building permits still coming off the boil
Building permits are still elevated.
Policy
NZ's payments system is falling behind internationally
Real-time payments could improve the levels of innovation and competition.
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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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