Trade balance with the US a saving grace
New Zealand is so far escaping the unpredictable vagaries of President Donald Trump's trade policies by the skin of its teeth.
Rabobank has appointed Ben Picton to the newly-created role of senior strategist, global economics & markets.
Based in Sydney, Picton, will provide strategic macro-economic research and engagement – including interest rates and economic projections – for the specialist global agribusiness bank in New Zealand and Australia.
Rabobank New Zealand chief executive Todd Charteris says it was the first time Rabobank’s global economics & markets research team would have a representative based in the region, with the role specifically covering macroeconomics for New Zealand and Australia.
Charteris says Picton would “hit the ground running” having more than seven years of experience with Rabobank’s global financial markets team, where he held a number of positions in derivatives sales and trading, working with the bank’s wholesale agribusiness and farming clients.
His most recent role with Rabobank was director, corporate risk & treasury management.
Recent rain has offered respite for some from the ongoing drought.
New Zealand's TBfree programme has made great progress in reducing the impact of the disease on livestock herds, but there’s still a long way to go, according to Beef+Lamb NZ.
With much of the North Island experiencing drought this summer and climate change projected to bring drier and hotter conditions, securing New Zealand’s freshwater resilience is vital, according to state-owned GNS Science.
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