Economy
Explore the latest economy news by BusinessDesk
Policy
Don't expect rate cuts any time soon
This week's jobs data will keep the Reserve Bank on track to hike again this month.
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Majority of business owners pessimistic about economy
The economic outlook is poor, but many businesses still plan to invest and hire.
Editor's Picks
Unemployment rate holds steady at 3.4%
The unemployment rate is slightly lower than the 3.5% forecast by the RBNZ.
Policy
Reserve Bank says NZ house prices still overvalued
In the near term, prices may continue to soften given the level of interest rates and several other factors.
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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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