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Pattrick Smellie

Former IndustrialDay team member

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

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Kiwi Stories

Written by Pattrick

NZ dollar recovers on weaker greenback, despite dairy price fall
New Zealand Dollar

NZ dollar recovers on weaker greenback, despite dairy price fall

The New Zealand dollar rebounded from overnight weakness as prices fell in the latest GlobalDairyTrade auction, with softer US data weighing on the gr.

By Pattrick Smellie • 3 min read • Thu, 2nd Apr 2015
Dairy product prices slide on supply concerns
Fonterra

Dairy product prices slide on supply concerns

Dairy product prices declined in the latest GlobalDairyTrade auction, led by a slump in prices for butter milk powder and whole milk powder, amid conc.

By Pattrick Smellie • 2 min read • Thu, 2nd Apr 2015
MARKET CLOSE: NZ shares rise led by A2, Spark rebounds
Health Technologies

MARKET CLOSE: NZ shares rise led by A2, Spark rebounds

New Zealand shares edged up as A2 Milk surged on US expansion plans, while Spark rebounded amid investor interest in yield-paying stocks.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
NZ dollar holds above 98 Australian cents on weak iron ore, RBA bets
New Zealand Dollar

NZ dollar holds above 98 Australian cents on weak iron ore, RBA bets

The New Zealand dollar held above 98 Australian cents, having earlier touched a post-float high, as the slumping price of iron ore stoked bets the Res.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
NZ dollar slips vs. Australian dollar, yen ahead of dairy auction
NZX

NZ dollar slips vs. Australian dollar, yen ahead of dairy auction

The New Zealand dollar fell against the Australian dollar and the yen ahead of the latest GlobalDairyTrade auction overnight, on speculation prices wi.

By Pattrick Smellie • 2 min read • Wed, 1st Apr 2015
F&P Finance mulls future of Equipment Finance unit after year of restructuring
Fisher & Paykel Finance

F&P Finance mulls future of Equipment Finance unit after year of restructuring

Fisher & Paykel Finance, the finance company owned by China's Haier Group, may transfer its Equipment Finance Ltd (EFL) unit to its immediate parent i.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
NZ property values rise at fastest pace in 9 months in March: QV
Housing

NZ property values rise at fastest pace in 9 months in March: QV

New Zealand residential property values climbed at the fastest pace in nine months in March, led by strong demand in Auckland.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
Diligent names Brian Stafford as new CEO; Sodi to focus on product design and development
Unified Communications

Diligent names Brian Stafford as new CEO; Sodi to focus on product design and development

Diligent Board Member Services, the governance software developer, named former McKinsey partner Brian Stafford as its president and chief executive,.

By Pattrick Smellie • 1 min read • Wed, 1st Apr 2015
Regulator to review UBA standard that sets price for Chorus retail customers
Chorus

Regulator to review UBA standard that sets price for Chorus retail customers

The Commerce Commission is to review the terms under which Chorus offers unbundled bitstream access (UBA) to retail telecommunications companies that.

By Pattrick Smellie • 2 min read • Wed, 1st Apr 2015
NZ dollar charts record high vs Aussie dollar on RBA rate cut talk, weak iron ore
Bank of New Zealand

NZ dollar charts record high vs Aussie dollar on RBA rate cut talk, weak iron ore

The New Zealand dollar rose to a record against the Australian dollar on speculation the Reserve Bank of Australia will cut interest rates again as so.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
MARKET CLOSE: NZ shares rise, led by A2 on ASX debut
Power / Energy

MARKET CLOSE: NZ shares rise, led by A2 on ASX debut

NZ shares climbed as A2 Milk's promising ASX debut saw a 12% rise. Yet, Warehouse Group, Genesis Energy, and Metlifecare dipped amid ex-dividend status.

By Pattrick Smellie • 3 min read • Tue, 31st Mar 2015
Chch Airport says Air NZ canceled route it will weigh on the South Island economy
Commerce Commission

Chch Airport says Air NZ canceled route it will weigh on the South Island economy

Christchurch International Airport says Air New Zealand decision to cancel the city's Tokyo seasonal route will hit the South Island economy.

By Pattrick Smellie • 3 min read • Tue, 31st Mar 2015

Global Stories

Written by Pattrick

While you were sleeping: US jobs disappoint
Wall Street

While you were sleeping: US jobs disappoint

US equities slid after a private jobs report showed slower-than-expected growth, prompting concern that the economy might not be a strong as previousl.

By Pattrick Smellie • 3 min read • Thu, 2nd Apr 2015
MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr
Fintech

MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr

Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
Datacom wins A$242M Australian federal health IT contract
Datacom

Datacom wins A$242M Australian federal health IT contract

Auckland-based IT services firm Datacom has won a A$242 million contract to provide infrastructure and support services to the Australian federal Depa.

By Pattrick Smellie • 1 min read • Wed, 1st Apr 2015
NZ dollar holds steady against greenback amid positive confidence surveys
New Zealand Dollar

NZ dollar holds steady against greenback amid positive confidence surveys

The New Zealand dollar held steady against the US dollar after both countries saw gains in confidence surveys, signalling a positive outlook for their.

By Pattrick Smellie • 2 min read • Wed, 1st Apr 2015
While you were sleeping: Stocks move lower
Wall Street

While you were sleeping: Stocks move lower

Wall Street moved lower, though it remained on track to post an advance for the first quarter of 2015, bolstered by a US economy that by and large con.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
A2 Milk debuts on ASX, announces mid-April US launch
NZX

A2 Milk debuts on ASX, announces mid-April US launch

A2 Milk Co, the milk marketing company, will launch into the United States from mid-April, with a range of half-gallon fresh milk cartons in supermark.

By Pattrick Smellie • 3 min read • Tue, 31st Mar 2015