Politics
Economy
National floats company tax cut, recommits to higher pension age
By Pattrick Smellie Aug. 26 (BusinessDesk) - The National Party is floating a cut to New Zealand's 28 percent company tax rate among a suite of possible tax changes it would promise going into the 2020 election. "New Zealand has one of the highest company tax rates in the O...
Finance
Fasten seatbelts for the Trump twitter-storm fallout
By Jenny Ruth Aug. 26 (BusinessDesk) - It will be a case of fasten your seat belts and expect turbulence as markets across Asia open today after the escalation of the US-China trade war, US President Donald Trump's tweets labelling his own Federal Reserve chair Jerome Powell a...
Policy
NZ dollar rises after Orr talks up the economy
By Jenny Ruth Aug. 23 (BusinessDesk) - The New Zealand dollar rose after Reserve Bank governor Adrian Orr painted a rosy picture of the local economy and described the 50 basis point cut in the official cash rate earlier this month as “a pre-emptive double cut” to reduce the n...
Policy
RESEND: Twyford's choice: NZTA or Super Fund for Auckland light rail
(Resend for customers who missed delivery) By Paul McBeth Aug. 22 (BusinessDesk) - Transport Minister Phil Twyford will decide early next year whether to use traditional government procurement to build a light rail network in Auckland, or bypass those processes with a New Z...
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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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