Adams extends olive branch in late tweaks to telco intercept bill

Mon, 14 Oct 2013

By Paul McBeth Oct. 14 (BusinessDesk) - Communications Minister Amy Adams is offering an olive branch to the telecommunications sector with some late tweaks to legislation setting out their obligations to provide government surveillance agencies with access to their networks. In a supplementary order paper to the Telecommunications (Interception Capability and Security) Bill, Adams is proposing to dump a clause specifically written to allow ministerial directions of foreign firms whose interception capabilities, or lack of, raised a risk to...
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New Zealand banks' credit losses will rise to about 12 times those in 2019 before easing because of the coronavirus crisis, according to international ratings agency Standard & Poor's. "A contracti...

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