Politics
Finance
UPDATE: ANZ warns farmers RBNZ intervention may mean higher borrowing costs
(Updates with comment from Mark Hiddleston from 12th par) By Jenny Ruth May 3 (BusinessDesk) - ANZ Bank has warned its farming customers they face higher borrowing costs almost immediately due to Reserve Bank intervention, even though wholesale interest rates have been fall...
Policy
UPDATE: KiwiRail chair takes reins as CEO
(Adds union comment from 14th paragraph.) By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of ex...
Policy
KiwiRail chair to take reins as CEO
By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of experience. Miller only joined the board in...
Finance
ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation
By Jenny Ruth May 1 (BusinessDesk) - ANZ’s New Zealand chief executive says he’s taking Adrian Orr at his word that the Reserve Bank governor has an open mind on bank capital requirements and will treat the current consultation period as genuine. David Hisco says Orr has pe...
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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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