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News • Risk in the Media

A thought piece ...

"People have a tendency to place elaborate faith in backup systems and safety devices. More pedestrians die in crosswalks than when jay-walking. That's because they have a false sense of security in crosswalks and are less likely to look both ways."   Read more.

Risk in the media

Risk in the Media is updated once monthly and represents a 'snapshot in time' of media stories about risk issues or related topics.

We welcome your suggestions each month and invite you to send links to pertinent articles or information.

Previous month articles

July 2010

Business and Finance

Global economic risks worsening: Treasury
scoop.co.nz
4 July 2010

The New Zealand economy continues to recover, albeit more slowly than forecast, but the big change since the May Budget is the slide in global economic sentiment, says the Treasury in its June monthly economic indicators, released today. More...

Bad directors risk jail for misconduct
stuff.co.nz
4 July 2010

Company directors could face criminal charges for serious misconduct and neglect of their duties as a result of a broad review of securities regulation and enforcement. More...

New Zealand risks becoming digital backwater
scoop.co.nz
5 July 2010

New Zealand risks becoming a digital backwater if the switchover from analogue to digital broadcasting is delayed, Labour's Communications and IT spokesperson Clare Curran said today. More...

Economist warns state cuts raise the risk of recession
stuff.co.nz
13 July 2010

Finance Minister Bill English says "restraint in the public sector is only just starting", but a union economist says faster cuts in state spending risk tipping the economy back into recession. More...

ACC levies to be linked to firms' accident record
National business review
14 July 2010

Businesses are likely to have future accident compensation levies adjusted according to their safety record. The government today announced it is consulting on how experience rating for ACC could work, with a view to introducing it from 1 April next year. More...

Chinese rating agency ranks NZ highly
stuff.co.nz
14 July 2010

A Chinese firm trying to compete with the big three ratings agencies has ranked New Zealand seventh best credit risk in a list of 50 countries. But the ranking is not expected to make this country's access to funding any cheaper. More...

Tax officials eye offshore income
Indiannewslink.co.nz
14 July 2010

Tax officials are examining cases involving undeclared overseas income by New Zealand residents. More...

Warning over some loans
odt.co.nz
14 July 2010

Statuary managers combing through the business interests of Allan Hubbard have warned investors some loans may be impaired and may have no securities registered against them, and in the short term they should not expect any return of capital. More...

Nightmare vision sparks rush for gold
nzherald.co.nz
14 July 2010

Goldfinger, the villain of the eponymous James Bond film, hatched a plot to increase the value of his bullion by detonating a nuclear device inside Fort Knox, making America's gold supply radioactive for 60 years. More...

Adwords and trademarks: taking care of business
computerworld.co.nz
15 July 2010

As oil continues to gush into the Gulf of Mexico, BP has tried to limit some of the damage to its reputation by purchasing search terms such as "oil spill" and "BP lawsuit". Its aim is simple: to improve the chances of getting its own message across when people search for information on the spill. More...

Consumer

IDC: Consumer IT in workplace creating security risks
eseller.co.nz
8 July 2010

Smart phones, netbooks and social networking sites are invading the local workplace and causing policy headaches for employers according to the results of the latest IDC/Unisys survey. More...

Eco-powders' misleading claims come out in wash
nzherald.co.nz
2 July 2010

A consumer group has given warning of "greenwashing" after tests on laundry powders marketed as eco-friendly found one to be misleading and potentially dangerous. More...

Health

Cancer survivors have higher death risk for decades
reuters.com
13 July 2010

People who survive cancer in childhood have a heightened risk of dying of a heart attack, stroke or another cancer decades later -- a risk that is likely to be due to the original treatment, scientists said on Tuesday. More...

Treasury concerns over health cut plans ignored
nzherald.co.nz
13 July 2010

Treasury concerns about Health Minister Tony Ryall's reallocation of $12.5 million from primary healthcare services were disregarded by the Cabinet, papers released last week show. More...

Technology

Keeping harness on untamed discovery
stuff.co.nz
11 July 2010

Nanotechnology could cure cancer, solve the energy crises and boost our economy, but will it take a catastrophe for the Government to regulate what scientists are calling the next industrial revolution. More...

Risk-free cloud is oceans away
idm.net.au
13 July 2010

Almost half of Oceania IT professionals say that the risks of cloud computing outweigh the benefits, according to the first ISACA Oceania IT Risk/Reward Barometer survey. More...

Risk and the Environment

Pest arrivals a concern for agriculture, conservation
stuff.co.nz
6 July 2010

Hundreds of unwanted pests making it into New Zealand each year are presenting an unacceptable risk to the likes of agriculture and conservation, representatives from those groups say. More...

1080 putting farmers livelihood at risk
3news
14 July 2010

A West Coast farmer says his livelihood is at risk after 1080 poison was dropped in a creek on his property. The farmer says he had an assurance that helicopters doing the drop would stay 500 metres away from his farm. Jim Ferguson is worried about his reputation as a beef producer.More...