Politics
Economy
Budget leak: no Treasury hack, say police
By Pattrick Smellie May 30 (BusinessDesk) - Police investigating a leak of sensitive Budget information have determined that the Treasury's computer system was not 'hacked'. In a rocky start to what should have been a showcase day for the government's first 'Wellbeing' Budg...
Finance
RBNZ used a 'net benefits framework' in devising its bank capital proposals
By Jenny Ruth May 29 (BusinessDesk) - The Reserve Bank has used a “net benefits framework” in devising its bank capital proposals, governor Adrian Orr told parliament’s finance and expenditure select committee. National Party finance spokeswoman Amy Adams had been quizzing...
Policy
Hawke's Bay Regional Council to go ahead with Napier Port IPO, likely in early July
By Rebecca Howard May 29 (BusinessDesk) - Hawke’s Bay Regional Council said it will proceed with a public share sale of 45 percent of Napier Port and it expects the initial public offering to take place in early July. “The last hurdle is to satisfy ourselves around pricing...
Finance
Budget Leak: Most cyber-leaks come from internal sources, says cyber expert
By Pattrick Smellie May 29 (BusinessDesk) - Most information leaks come from "malicious" or "inadvertent" releases from internal sources rather than via hacking, says Mark Shaw, a technology strategist for cyber-security software provider Symantec. His comments came as the...
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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