Apr 10, 2008


Not much to report from the NZX AGM. The shareholders association raised concerns about the NZX website and CEO Weldon advised that a new website will be up and running soon. The ANZ National CEO advised the second part of the meeting that he expected the Reserve Bank to start cutting rates this year. The CEO of NZ First Capital called for the partial sell down of SOEs along the lines of the Air NZ model.