NZ risks 'shallow engagement' with India, ANZ boss

NZ risks 'shallow engagement' with India, ANZ boss
NZ needs to have a deeper engagement with India, ANZ global CEO Shayne Elliott says. (Image: BusinessDesk)
Dileepa Fonseka
New Zealand’s push to embrace India could become a “shallow engagement” unless the country decides to do more than sponsor a few trade missions, the global head of ANZ bank says.  NZ’s new government has hit the ground running on rhetoric around trade with India. Trade minister Todd McClay gave a high-profile speech to the India NZ Business Council within hours of ministers having their first cabinet meeting a fortnight ago. The speech is thought to be the first made by a minister after the new cabinet was swor...

More Economy

Finance Minister announces $100m to elevate Elevate
Economy

Finance Minister announces $100m to elevate Elevate

Elevate is a government-funded 'fund of funds' programme. 

Why this Australian investor likes NZ-listed companies
Economy

Why this Australian investor likes NZ-listed companies

Fund manager believes in NZ's economic recovery, and is putting money behind it.

Manawa deal sparks talk about Infratil's plans
Economy

Manawa deal sparks talk about Infratil's plans

Analysts expect a sale of its WLG Airport stake. Former executives aren't convinced.

Gregor Thompson 12 May 2025
Westpac adds another rate cut to its forecasts
Economy

Westpac adds another rate cut to its forecasts

Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast tightening cycle.“Downside risks from global growth suggest the RBNZ [Reserve Bank of New Zealand] may continue easing beyond May,” chief economist Kelly Eckhold s...

Rebecca Howard 09 May 2025