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.
Federated Farmers supports a review of the current genetic technology legislation but insists that a farmer’s right to either choose or reject it must be protected.
New Zealand’s top business leaders are urging the US Administration to review “unjustified and discriminatory tariffs” imposed on Kiwi exporters.
New tariffs imposed by President Donald Trump signal an uncertain future, but New Zealand farmers know how to adapt to changing conditions, says Auriga Martin, chief executive of Farm Focus.
A global trade war beckons, which is bad news for a small open economy like New Zealand, warns Mark Smith ASB senior economist.
Carterton's Awakare Farm has long stood as a place where family, tradition and innovation intersect.
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.