The government faces a testing political vacuum between now and the July mass rollout of covid vaccinations.
AFT's chair David Flacks chairs NZX's regulatory governance committee and used to chair NZX's disciplinary tribunal, making AFT's late profit downgrade all the more surprising.
Recent legal problems have shone spotlights on the personalities and careers of Sir Ron Brierley and Dame Jenny Shipley.
While the details of the Spanish programme are still to be hashed out, it is a progressive, bold move.