Politics
Policy
Risk of power retailers failing prompts regulatory intervention
The risk of “multiple defaults” among electricity retailers has prompted the sector regulator to require the largest network companies to provide financial support to some of their customers. The Electricity Authority plans an urgent rule change that will require the six large...
Policy
Transmission Gully delayed as govt fast-tracks new big projects
Wellington's billion dollar Transmission Gully project may take two years longer to complete than expected, trucking industry leader Nick Leggett said, on the same day the government announced it would slash resource consent procedures to accelerate new 'shovel-ready'...
Policy
Govt to spend $6m a week beefing up air freight capacity
The government will spend about $6 million a week to help boost air freight capacity coming into and out of the country. Transport Minister Phil Twyford today announced the scheme to help underwrite cargo capacity on key air routes. That funding then enables carriers to negoti...
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.
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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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