Politics
Finance
UPDATE: RBNZ kyboshes AMP's A$3.3 bln life business sale
(Updates with share price details in the 7th par and adds details of investor expectations in second and third to last pars.) By Jenny Ruth July 15 (BusinessDesk) - New Zealand’s Reserve Bank has put a spanner in the works of AMP’s proposed A$3.3 billion sale of its Austral...
Policy
CORRECT: NZ Super Fund to invest in $300M local hotel venture
(fixes headline and first sentence reference to hotel portfolio value. Adds new second sentence) By Victoria Young July 15 (BusinessDesk) - New Zealand’s $42 billion Superannuation Fund will invest into a $300 million portfolio of hotels owned by local firms, as it eyes fur...
Policy
Peters to meet top US administration hawks in Washington
By Pattrick Smellie July 15 (BusinessDesk) - Foreign Minister Winston Peters will have bi-lateral meetings with two of US president Donald Trump's most hawkish defence and security advisers in a five day trip to Washington D.C. Peters leaves today for meetings with a range...
Finance
PREVIEW: Inflation tipped to remain tepid in June quarter, add to rate cut case
By Rebecca Howard July 15 (BusinessDesk) - Inflation is expected to remain tepid in the June quarter, largely boosted by higher fuel prices, and will likely add to the view that the Reserve Bank is poised to cut rates. Economists expect the consumers price index rose 0.6...
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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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