Economy

Explore the latest economy news by BusinessDesk
Returning tourists offset falling primary prices
News in Brief

Returning tourists offset falling primary prices

The trade deficit narrowed in the first quarter thanks to a $3.8b tourist spend.

Staff reporters 02 Jun 2023
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Total building work up in 1Q, but residential falls
Property

Total building work up in 1Q, but residential falls

There is more non-residential work happening, but residential continues to decline.

Staff reporters 02 Jun 2023
Cyclone buyout offer for red-stickered homes
Property

Cyclone buyout offer for red-stickered homes

The worst-affected homeowners by Cyclone Gabrielle will be offered buyouts.

Pattrick Smellie 01 Jun 2023
Signs of credit stress easing
Property

Signs of credit stress easing

New house listings for autumn are at close to "covid lockdown" levels.

Brent Melville 01 Jun 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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