Politics
Economy
Energy minister seeks intervention power if gas runs short
The government is investigating whether it should give the Minister of Energy power to "reallocate electricity or gas in situations of acute electricity or gas shortage."The move has alarmed the Petroleum Exploration and Production Association of New Zealand, which suggests it wo...
Policy
Keep ad revenue in merged TVNZ/RNZ, says TV boss
A merger between the advertising-free Radio New Zealand and its commercially driven state-owned cousin Television New Zealand should take a mix of both private advertising and government funding, says TVNZ's chief executive, Kevin Kenrick."If this is going to be an entity that is...
Economy
RBNZ confident in upbeat growth outlook
The Reserve Bank knows it’s more upbeat on growth than market economists but says New Zealand’s current conditions back up its view.Yesterday, the central bank put the kibosh on any idea that it might cut rates further and said annual growth is expected to accelerate to a 3.1 per...
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Economy
UPDATE: RBNZ rate-cut off the cards; coronavirus impact short
The Reserve Bank kept the official cash rate at 1 percent as widely expected but stripped out any chance of another cut and said it expects the impact of the coronavirus to be relatively short lived.The New Zealand dollar jumped after the statement and recently traded at 64.62 US...
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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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