Politics
Policy
Opportunity for big end of town in KiwiBuild's 'build-to-rent' initiative
By Pattrick Smellie Sept. 4 (BusinessDesk) - Large-scale institutional investors and infrastructure developers will be eligible to propose 'build-to-rent' developments under one of the new elements of the revamped KiwiBuild scheme, announced by Housing Minister Megan Woods tod...
Policy
Govt makes KiwiBuild loans easier, drops 100,000 homes target
By Pattrick Smellie Sept. 4 (BusinessDesk) - The government is dropping its target to build 100,000 affordable homes over a decade but will keep the name of its troubled flagship policy - KiwiBuild - while making it easier for people to finance their way into home ownership th...
Finance
RBNZ says don't believe what banks say about capital
By Jenny Ruth Sept. 4 (BusinessDesk) - Don’t believe what banks say about how much capital they should have to hold, Reserve Bank deputy governor Geoff Bascand told the New Zealand Shareholders’ Association. “Shareholders’ view of capital will always be lower in the banking...
Finance
Finance minister resists calls for fiscal stimulus
By Victoria Young Sept. 3 (BusinessDesk) - Finance Minister Grant Robertson says he will spend if necessary but for now he is resisting calls to use fiscal policy to stimulate New Zealand’s economy. Economists have expressed concerns about the state of the economy as cooli...
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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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