Politics

Govt throws kitchen sink at struggling SMEs: new loan guarantee scheme detail
Economy

Govt throws kitchen sink at struggling SMEs: new loan guarantee scheme detail

Deep concerns about the economic pain among SMEs will see onerous aspects of the government's bank finance support scheme removed and its scope extended.

Pattrick Smellie 01 May 2020
NZ job-seeker support numbers rise; confidence 'falls off cliff'
Economy

NZ job-seeker support numbers rise; confidence 'falls off cliff'

It is hardly surprising people have no plans to buy major household items anytime soon as droves continue to turn to job-seeker support. The number of jobseeker recipients has jumped by more than 35,000 since March 20, a few days before the country went into lockdown, the Trea...

Rebecca Howard 01 May 2020
Small gains from lifting mortgage curbs worth it – RBNZ
Finance

Small gains from lifting mortgage curbs worth it – RBNZ

The Reserve Bank expects the 12-month suspension on mortgage lending restrictions will encourage banks to let borrowers defer repayments if needed. The central bank is pressing ahead with plans to suspend its limits on high loan-to-value house lending after also considering ea...

Paul McBeth 30 Apr 2020
Manufacturing at risk without targeted policy, investment
Primary Sector

Manufacturing at risk without targeted policy, investment

Manufacturing’s contribution to the economy has been falling faster than in other developed countries during the past decade and risks further decline without more targeted policy and investment, a recent study says.While the sector has grown in terms of both employment and GDP i...

Gavin Evans 30 Apr 2020


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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