Economy
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Bank economists expect OCR rises in 2026
‘A number closer to four takes the cash rate to neutral,’ says BNZ's Stephen Toplis.
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News in Brief
Westpac records soft December retail spending
Despite a slight lift, Westpac data points to a soft end of year for household spending.Westpac’s retail tracker, released on Thursday, showed spending on Westpac-issued credit and debit cards was up 2% in December compared to last year. Westpac senior economist Satish Ranchhod...
Retail
Price shakeup for cigarette brand
Cigarette prices typically go up each year. Not in this case.
News in Brief
Employment confidence ticks up in December quarter
A further indicator of some stabilisation in the labour market.
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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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