Robertson blasts Treasury over hasty police action on Budget leak

Robertson blasts Treasury over hasty police action on Budget leak
Pattrick Smellie
By Pattrick Smellie May 30 (BusinessDesk) - Outgoing Treasury secretary Gabriel Makhlouf appears to be on thin ice with his boss, Finance Minister Grant Robertson. The finance minister says he is "very disappointed" both by the department's poor cyber-security and its hasty referral of Budget leaks that it claimed were "hacking" to the police. His statement follows two days of political turmoil caused by the National Party discovering Budget secrets on a supposedly secure part of the Treasury website and an early morning press statemen...

More Finance

Cautious lending keeps lid on default rates – Reserve Bank
Finance

Cautious lending keeps lid on default rates – Reserve Bank

Non-performing mortgages have overtaken Covid levels.

Jem Traylen 01 May 2024
'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024
Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024