Winston Peters says NZ First will campaign on a $1 billion National Subsurface Development Survey at the upcoming election to unlock New Zealand’s ‘Norway-scale’ energy potential

Roger J Kerr says NZ, Aussie and US interest rates are set to converge to the same level, while US markets underestimate the disinflationary impulse underway

US and Iran tit-for-tat military attacks increased. Crude rises through Friday night session, up 4½%; expect to see another lurch higher on the Asian open today, Rates and currencies well contained despite the lift in oil prices

The challenge shifts from trying to prevent the virus from arriving to detecting new incursions quickly and managing their consequences