Former Head of Specialised Finance Japan, ANZ
Mrs Watanabe, a Tokyo resident, arose as usual at 5:30am on April 1 and turned on her living room light. It worked, much to her relief. Relief because that was the day the country’s electricity market entered a new era.
Head of Transaction Banking, Australia and Papua New Guinea, ANZ
The boom times are over for corporate treasurers in Australia. After a decade of relative ease, there is now a heavy focus on cost management and efficiency as the economy shifts. Meanwhile, the global nature of business is increasing the importance of an international perspective, especially when it comes to Asia.
The New South Wales and Victoria economies continued to grow at above trend rates in February, with NSW outperforming. While momentum appears to have eased in the two largest economies, this is not surprising as it follows a strong second half of 2015.