Politics
Policy
Napier Port jumps 12% on NZX debut following oversubscribed public offer
By Rebecca Howard Aug. 20 (BusinessDesk) - Napier Port debuted at $2.91 on the New Zealand stock exchange, up 12 percent on its initial public offer price, amid pent-up demand after an oversubscribed bookbuild earlier this month. Hawke's Bay Regional Council raised $234 mil...
Finance
Nib NZ has risk and culture review on the radar
By Paul McBeth Aug. 20 (BusinessDesk) - Australian health insurer nib Holdings will review its risk and culture in New Zealand as trans-Tasman financial services come to grips with the regulatory crackdown on the sector. Nib New Zealand will carry out the review in the 2020...
Economy
NZ gaming industry outlines plan for home-grown 'Angry Birds'
By Pattrick Smellie Aug. 19 (BusinessDesk) - The government will look "very seriously" at recommendations from the New Zealand digital gaming industry for the establishment of a new NZ Games Investment Fund and associated NZ Interactive Commission, says Economic Development Mi...
Policy
Company results, data, Fed to provide clues on recession risk
By Jenny Ruth Aug. 19 (BusinessDesk) - Domestic listed company results will dominate the news flow in New Zealand this week and investors will be paying particular attention to outlook statements to see if chief executives see any sign of recession or whether they think the ec...
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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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