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Cyber-attacks significant threat but RBNZ says no need for prescriptive requirements
By Rebecca Howard July 19 (BusinessDesk) - Cyber-attack poses a significant threat to the global financial system but the Reserve Bank has decided not to introduce more prescriptive requirements at this stage due to the swiftly changing nature of both the threats and the techn...

Slingshot powers higher in Auckland
By Rebecca Howard July 19 (BusinessDesk) - Slingshot, owned by ASX-listed telecommunications company Vocus Communications New Zealand, was the top growing power company in Auckland last month, despite not being officially launched and only selling power to existing broadband c...

NZ dollar gains as US healthcare reform stumbles, weighing on greenback
By Jonathan Underhill July 19 (BusinessDesk) - The New Zealand dollar rose against a broadly weaker greenback in the face of the collapse of a bill to reform US healthcare that eroded confidence in US President Donald Trump's ability to enact policy. The kiwi rose to 73.53...