Jenée Tibshraeny investigates whether businesses need to get more insurance savvy, as they get more tech savvy

Short headline:  Cyber insurance: The next big thing? Tweet Cyber space, in all its glory, has lead to the emergence of cyber threats – hackers, viruses, privacy breaches, intellectual property theft, identity theft and the list goes on. Sony at the end of last year admitted to suffering a major cyber security breach when hackers erased data from its systems, …

Kiwis view economic issues as the biggest problems facing NZ; Housing shortage/housing affordability up 4% to 10% in March. Environmental issues hardly rate a mention

Short headline:  What we really think Tweet Content supplied by Roy Morgan Research In March 2015, Economic issues 40% (down 1% since December 2014) are still clearly the most important problems facing New Zealand and the biggest problems facing the World today are War/ Terrorism & Security Issues 41% (up 12%) according to the latest Roy Morgan Research conducted in March 2015. Views on problems facing …

A review of things you need to know before you go home on Thursday; BNZ cuts rates, banks withdraw cashbacks, inflation linker bond yields rise; UOM interest rates rise, wholesale rates flatten

Short headline:  What happened Thursday Tweet Here are the key things you need to know before you leave work today. TODAY'S MORTGAGE RATE CHANGES There was a major cleanup in the way BNZ makes it's home loan rate offers and you can read about that here. It is also now clear a number of banks have withdrawn their cash incentives …

In wake of dairy price slump, Economic Development Minister says Govt may reduce target of lifting exports to 40% of GDP, citing shifting stati

Short headline:  Joyce may cut export share target Tweet By Bernard Hickey Economic Development Minister Steven Joyce has flagged a review of the Government's flagship target of lifting exports as a share of GDP from 30% of GDP to 40% of GDP by 2025. Joyce told reporters after wholemilk powder prices fell 13.3% overnight that officials were reviewing the target …

Milford Asset Management suspended from Super Fund

The New Zealand Superannuation Fund has suspended Milford Asset Management’s $281 million active equities mandate until a Financial Markets Authority investigation into alleged market manipulation at the Auckland-based fund manager…

World dairy prices slide 10.8pc on supply concerns

International dairy prices continued to reverse gains made early this year at this morning’s GlobalDairyTrade (GDT) auction, putting downward pressure on Fonterra’s $4.70 a kg farmgate milk price forecast and raising concerns about…

September 2035 Government inflation linked tender reasonably well bid; weighted accepted average yield 1.87%

Short headline:  Inflation Indexed Bond tender number 538 results Tweet The results from the latest inflation indexed bond offer by the Treasury's Debt Management Office have been released. 2.50% – 20 September 2035 Today # 538 Previous # 534 Series offered tender April 2, 2015 tender February 5, 2015 Total Amount Offered ($million) 100 100 Total Amount Allocated ($million) 100 …

Auckland Port stoush: Heads could roll

Heads could roll over Ports of Auckland expansion plans, according to a senior Auckland Council source.Auckland Council has started to flex its muscles on plans by the ports company to build two massive wharf extensions nearly 100m…

Top price was $3.11m at Bayleys' Auckland auctions this week but you could get a flat in town for $477,000

Short headline:  Not much under $800k at Bayleys' Auckland auctions Tweet The prices of home sold at Bayleys Auckland auctions this week ranged from $477,000 to $3.11 million with only two properties selling for less than $800,000. The cheapest property was a two bedroom apartment (pictured right) in the Prince Albert, a character building on Albert St just around the …

Spark sells international voice business

My Net Fone, an ASX-listed provider of hosted voice and data communications services, has agreed to buy Spark New Zealand’s international voice business for $22.4 million.The company said in a statement to the ASX that the business…