Wall St Journal’s NZ budget blunder

Staff reporters
Thu, 19 May 2022

One of the world’s foremost business publications, The Wall Street Journal, published key information from the New Zealand budget an hour earlier than the embargo officially lifted in the most serious breach of budget security in many years.The report was then carried on Dow Jones newswires, giving basic details of the information that financial markets use to trade foreign exchange, bond and equities markets.The budget is made available to journalists and analysts in a “lock-up” environment at Parliament from 10.30am for publ...

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