Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
Trade negotiators face new round of tariffs on Chinese imports from Sunday.
Fewer people visited from the UK and the number of Asian visitors is slowing but their spend is up.
Share price recovers, Babidge pockets his pay.
It will also explore operating other commodity markets.
Revised GDP data due next week likely to show downturn was greater than expected.
Adrian Orr: ‘We wanted to be open, accessible, and not put up with abuse.’
Richard Harding will stay in the role until late 2020.
Scant progress appears to have been made on the issue since last year.
Trade talks remain a major uncertainty for investors.