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Pattrick Smellie

Former TechDay team member

Read the latest stories by Pattrick Smellie across the TechDay network.

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Global Stories

NZ migration hits new record in February year
Statistics NZ

NZ migration hits new record in February year

New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures.

By Pattrick Smellie • 3 min read • Fri, 20th Mar 2015
NZ dollar slides as traders buy back US dollar after Fed
Bank of New Zealand

NZ dollar slides as traders buy back US dollar after Fed

The New Zealand dollar slid along with other major currencies against the US dollar, as investors bought back the greenback after selling it.

By Pattrick Smellie • 2 min read • Fri, 20th Mar 2015
While you were sleeping: US dollar rebounds
Apple

While you were sleeping: US dollar rebounds

US dollar stages recovery post-Fed update, but analysts question its longevity amid mixed economic signals and wavering investor confidence.

By Pattrick Smellie • 3 min read • Fri, 20th Mar 2015
MARKET CLOSE: NZ shares rise, led by Skellerup, Meridian
Meridian Energy

MARKET CLOSE: NZ shares rise, led by Skellerup, Meridian

New Zealand shares gained as Skellerup Holdings rose 3.7% and Meridian Energy advanced 2.5%, amid revived investor interest due to globally low interest rates.

By Pattrick Smellie • 3 min read • Thu, 19th Mar 2015
Tourism Holdings acquires 49% stake in UK's Just Go motorhome business
Tourism Holdings

Tourism Holdings acquires 49% stake in UK's Just Go motorhome business

Tourism Holdings, the largest campervan rental business in Australia and New Zealand, said it acquired 49 percent of UK-based Just Go.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
APN News & Media halted for selldown amid speculation O'Brien, INM exiting
GrabOne

APN News & Media halted for selldown amid speculation O'Brien, INM exiting

APN News and Media halted trading amid rumours of exits by Dennis O'Brien and Independent News - Media, with a potential A$300 million block trade looming.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
International Monetary Fund says LVR limits work in boom times, not busts
International Monetary Fund

International Monetary Fund says LVR limits work in boom times, not busts

Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund work.

By Pattrick Smellie • 4 min read • Thu, 19th Mar 2015
NZ, US escalate WTO action against Indonesia on import restrictions
World Trade Organisation

NZ, US escalate WTO action against Indonesia on import restrictions

New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions.

By Pattrick Smellie • 4 min read • Thu, 19th Mar 2015

Stories from Other Regions

MARKET CLOSE: NZ shares rise led by Pacific Edge, Kiwi Property
NZX

MARKET CLOSE: NZ shares rise led by Pacific Edge, Kiwi Property

New Zealand shares rose, paced by Property For Industry, Kiwi Property Group and Goodman Property Trust as investor appetite for yield returned.

By Pattrick Smellie • 3 min read • Fri, 20th Mar 2015
NZ consumer confidence edges up in March, boding well for economic growth
Roy Morgan Research

NZ consumer confidence edges up in March, boding well for economic growth

New Zealand's consumer confidence index rose to 124.6 in March from 124 in February, signalling optimism for economic growth in 2015.

By Pattrick Smellie • 2 min read • Fri, 20th Mar 2015
Pumpkin Patch seeks proposals after approaches to buy, refinance company; shares gain
Banking

Pumpkin Patch seeks proposals after approaches to buy, refinance company; shares gain

Pumpkin Patch is seeking formal proposals after receiving approaches to buy or refinance the company. The shares rose 26 percent.

By Pattrick Smellie • 3 min read • Fri, 20th Mar 2015
Petromac develops 'bent stick' device that guides wireline loggers in oil wells
Callaghan Innovation

Petromac develops 'bent stick' device that guides wireline loggers in oil wells

Petromac has developed a disruptive technology that allows oil and gas companies to get better data from wireline logging of oil wells.

By Pattrick Smellie • 4 min read • Fri, 20th Mar 2015
NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions
NZX

NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions

Kiwi currency soars as Fed's cautious stance leads to US dollar sell-off, with traders abandoning bullish bets.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
FMA lifts head count to 170 staff as it probes new areas
EduTech

FMA lifts head count to 170 staff as it probes new areas

The New Zealand Financial Markets Authority has hired 170 staff and plans to invest in technology to fulfill its regulatory role.

By Pattrick Smellie • 3 min read • Thu, 19th Mar 2015
NZ, Vietnam aim to double two-way trade to $2.2B by 2020

NZ, Vietnam aim to double two-way trade to $2.2B by 2020

NZ and Vietnam set ambitious $2.2B trade goal by 2020, after vibrant growth fuels leaders' confidence in bilateral ties.

By Pattrick Smellie • 1 min read • Thu, 19th Mar 2015
No more Air NZ points for BNZ credit cards as Westpac steps in; cash replacement mooted
Westpac

No more Air NZ points for BNZ credit cards as Westpac steps in; cash replacement mooted

BNZ cut off from Air NZ points as Westpac fills the void, with a cash-back scheme to quell customer concerns over rewards.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds
Salt Funds Management

Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds

Salt Funds Management secures a mandate to manage AMP Capital's NZD $690M active New Zealand equity funds, nearly doubling its existing funds under management.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
Mainfreight forecasts annual profit hike, pays tribute to Rowlands
Data Analytics

Mainfreight forecasts annual profit hike, pays tribute to Rowlands

Mainfreight anticipates up to a 7.1% profit increase, driven by revenues surpassing USD $2 billion, while honouring the legacy of former chairman Don Rowlands.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015