NZX expects to share cost of extra tech security

NZX expects to share cost of extra tech security
Paul McBeth
The NZX will probably have to hike prices to cover the cost of circling the cyber wagons after this year's massive cyber attack that took down the stock exchange’s website and disrupted trading.The stock market operator said investment recommended by two independent reports into its IT systems will increase NZX’s ongoing technology costs, and customers will probably have to share the extra expense. Until a formal plan is agreed with the Financial Markets Authority, the NZX said it can’t quantify the likely incremental incr...

More Markets

RBNZ rate cut lifts sharemarket, high‑yield stocks climb
Markets Market Close

RBNZ rate cut lifts sharemarket, high‑yield stocks climb

The S&P/NZX 50 Index closed up 0.27% or 37.19 points.

Tom Raynel 08 Oct 2025
ASB, IAG legal payouts prompt differing verdicts
Markets

ASB, IAG legal payouts prompt differing verdicts

ASB flagged the class action as a contingent liability.

Gregor Thompson 08 Oct 2025
Dairy prices fall for fourth straight auction, whole milk powder down 2.3%
Primary Sector

Dairy prices fall for fourth straight auction, whole milk powder down 2.3%

Prices have slipped again in the latest Global Dairy Trade auction, held overnight on Tuesday, with a 1.6% dip across the board.This was the fourth consecutive decline, following a 0.8% slide at the previous auction, a 4.3% decrease before that, and a 0.3% drop on Aug 19.Whole mi...

Staff reporters 08 Oct 2025
ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

Andy Macdonald 08 Oct 2025