logo
New Zealand Farmers Slam Proposed Green Finance Rules

New Zealand Farmers Slam Proposed Green Finance Rules

Bloomberg15-07-2025
New Zealand farmers have attacked proposed rules for green finance, warning they are unworkable and risk harming rural communities by driving up costs.
Lobby group Federated Farmers has written to government ministers and other officials outlining its concerns about the so-called Sustainable Finance Taxonomy, which is a system for classifying economic activities according to their environmental impact. A New Zealand taxonomy is being developed for the government by the independent Centre for Sustainable Finance, which recently closed submissions on an initial consultation document.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Immersive and Endace Team Up to Deliver Hands-On, Data-Driven Cyber Training for SOC Teams
Immersive and Endace Team Up to Deliver Hands-On, Data-Driven Cyber Training for SOC Teams

Yahoo

time17 hours ago

  • Yahoo

Immersive and Endace Team Up to Deliver Hands-On, Data-Driven Cyber Training for SOC Teams

Collaboration Brings Together Immersive Cyber Exercises and Real-world Packet Forensics to Upskill SOC Teams and Strengthen Cyber Resilience AUCKLAND, New Zealand & BRISTOL, England, July 29, 2025--(BUSINESS WIRE)--Endace, the authority in Packet capture, and Immersive, the leader in people-centric cybersecurity, today announced a technical partnership designed to strengthen cyber readiness and accelerate threat response. By combining Endace's forensic packet capture technology with Immersive's technical exercises and simulations, this collaboration empowers SOC teams to build critical skills, improve investigation speed, and reduce response times. Through this integration, organizations can upskill their security teams in a realistic, controlled environment using the same tools they rely on in live networks. Analysts gain hands-on experience using EndaceProbe for forensic packet analysis and deep network visibility, within minutes of entering a scenario in Immersive's platform, allowing them to practice detecting, analyzing, and responding to real-world threats—something that isn't possible with traditional legacy training. "We're excited to collaborate with Immersive to improve cyber resilience. SOC teams learn rapidly when they can exercise with tools they use daily, against simulated threats that closely represent real-world attacks," said Cary Wright, VP Product Management, Endace. "With EndaceProbes integrated into the Immersive platform, teams can build skills in a safe environment and learn how to hunt for, and combat, even the most serious threats. When faced with a critical cyber situation, individuals can then act swiftly to understand and neutralize threats." Key benefits of the Endace and Immersive partnership include: Build and strengthen cyber readiness with live attack simulations that include packet forensics investigations using always-on EndaceProbe packet capture. Test and validate cyber capabilities under pressure, ensuring teams can detect, respond, and recover effectively. Leverage data-driven insights to prove capabilities, identify and close skill gaps, and continuously improve performance. Improve response efficiency with a workforce skilled in using forensic evidence to resolve threats faster. Learn to maximize EndaceProbe's capabilities through hands-on, gamified labs and real-world threat scenarios. Measure team readiness with performance benchmarks against industry peers to inform cyber resilience strategies. "Realistic, hands-on experience is critical to preparing cyber teams for today's fast-moving threats. By integrating Endace's enterprise-grade packet capture with the Immersive platform, we're removing barriers to working with the tools professionals rely on every day," said Thanos Karpouzis, CTO, Immersive. "This partnership enables organizations to prove and improve their readiness in a true-to-life environment, empowering teams to investigate, respond, and adapt with greater speed and confidence." To learn more, and watch a short demonstration video, click here. About Endace Endace's scalable, always-on packet capture gives Network Operations and Security teams the deep visibility they need for fast, accurate incident investigation with rich forensic evidence at their fingertips from all their tools. EndaceProbes provide enterprise-class packet sniffing in on-prem, public and private cloud environments, with rapid, centralized search and one-click access to full pcap data from leading security and performance solutions (including Microsoft, Palo Alto Networks, Fortinet, Cisco, Splunk, Elastic, and many others). Analyze network traffic using a single, unified console across all on-prem, private, or public cloud infrastructure for total hybrid cloud visibility. Capture every packet. See every threat. About Immersive Immersive, the leader in people-centric cyber resilience, helps your organization continuously prove and improve its ability to prevent and respond to cyber threats. Tailored to individual roles, our approach ensures your organization is always ready for an ever-evolving threat landscape, including the opportunities and challenges posed by AI. With a relentless focus on evidence, Immersive provides unmatched visibility into your cyber resilience. Through a single enterprise platform for individuals, teams, and the entire workforce, we empower your organization to Be Ready for what's next. Immersive is trusted by the world's largest organizations and governments, including Citi, Pfizer, Humana, HSBC, the UK Ministry of Defence, and the UK National Health Service. We are backed by Goldman Sachs Asset Management, Summit Partners, Insight Partners, Citi Ventures, Ten Eleven Ventures, and Menlo Ventures. View source version on Contacts Endace pr@ Mark Evans: +64-21-494 850 (New Zealand / APAC)Kimber Smith-Fidler: +1 775 298 5260 (USA / North America)Leah Jones (The CommsCo): +44 203 697 6680 (UK / EMEA) Immersive Jen Gainesimmersive@

Cautious investors lift ASX 200
Cautious investors lift ASX 200

Yahoo

time20 hours ago

  • Yahoo

Cautious investors lift ASX 200

Cautious traders lifted the ASX from an early fall on Tuesday but are still waiting for Wednesday's key CPI figure and US tariff fallout. The benchmark ASX200 eked out a small 6.9 or 0.08 per cent gain to 8,704.6 after falling by as much as 0.6 per cent on the open. The broader All Ordinaries also finished in the green up 3.20 points or 0.04 per cent to 8,966.70. Australia's dollar firmed marginally up 0.06 per cent to buy 65.25 US cents. On an overall quiet day of trading, seven of the 11 sectors finished in the green, led by energy, industrials and healthcare stocks. Woodside Energy gained 1.57 per cent to $26.60 and Santos jumped 2.06 per cent to $7.91 on the back of rising oil prices. Healthcare giant CSL gained 0.52 per cent to $272, Pro Medicus gained 0.86 per cent to $323.21 and Fisher Paykel Healthcare jumped 1.44 per cent to $33.78. It was a mixed day for the market heavyweight big four banks. Commonwealth Bank shares slipped 0.35 per cent to $174.29 while Westpac fell 0.06 per cent to $33.19. Offsetting the falls were gains from National Australia Bank which closed 1.17 per cent higher to $38.20 and ANZ which eked out a 0.03 per cent gain to $30.32. The initial excitement in the markets on the back of a US-EU trade deal over the weekend quickly died down as the White House announced a possible bounce in the tariff rate. Under the new plan the 'Rest of World', including Australia, could now face tariffs of 15 to 20 per cent, up from the 10 per cent initial base rate. senior financial market analyst Kyle Rodda said market excitement on the back of trade talks between the US and the EU was short lived. 'Wall Street failed to hold onto the post US-EU trade deal buzz but that's only because of the mountain of event risk that the markets confront in the coming days,' he said. 'The August 1 trade deadline loomed as potentially the biggest story of the week'. But Mr Rodda pointed out that with deals worked out between the US and the EU, Japan and potentially China means markets attention will shift to macroeconomic figures and corporate earnings. Australia's key macroeconomic data comes out on Wednesday with the release of the quarterly CPI figures. Economists say a quarterly trimmed mean inflation rate between 2.6 and 2.7 per cent over the year, would fall in the RBA's target band of 2 to 3 per cent and open the door for further interest rate relief. In company news, shares in jeweller Michael Hill jumped 2.47 per cent to $0.42 on the bell after the business announced founder Sir Michael Hill died at age 86 earlier on Tuesday. 'To every endeavour he pursued, Michael brought a deep sense of purpose, an enduring curiosity, open-mindedness and creativity that challenged all of us to embrace ever more lofty goals and be unconstrained in our thinking – a legacy that will continue to inspire us,' Michael Hill chairman Rob Fyfe said in a statement to the ASX. Boss Energy continued its slump following the announcement of its result on Monday, dropping another 5.51 per cent to $1.80. The stock fell more than 40 per cent after warning the market it is unlikely to meet its production targets at its Honeymoon project in South Australia on the back of costs and concerns about the uranium quality. Shares in wagering company Tabcorp finished 1.31 per cent higher to $0.78 after Aware Super told the market it exited its stake on July 24 on the back of strong gains made earlier this year. Sign in to access your portfolio

Australian lender CBA to cut 45 jobs in AI shift, draws union backlash
Australian lender CBA to cut 45 jobs in AI shift, draws union backlash

Yahoo

timea day ago

  • Yahoo

Australian lender CBA to cut 45 jobs in AI shift, draws union backlash

(Reuters) -Commonwealth Bank of Australia confirmed on Tuesday it is cutting 45 jobs as part of a shift toward using artificial intelligence to handle certain tasks, prompting a union to accuse the bank of excluding workers from the evolving economy. CBA, the country's biggest lender, said it is currently investing more than A$2 billion ($1.30 billion) in its operations, including frontline teams and technology services, due to which "some roles and work can change". Australia's Finance Sector Union (FSU) has accused CBA of axing frontline roles in favour of automation and offshoring. In a statement, the union claimed that a total of 90 roles were being eliminated, including 45 positions in the bank's direct banking system. According to the FSU, these jobs were cut following the introduction of a new voice bot system on the bank's inbound customer enquiries line in June. "We're also proactively creating new roles to support career growth and help our people transition into future-fit opportunities," CBA said. The bank said it is consulting on the affected roles and looking at other internal jobs and reskilling opportunities for its people, while it denied offshoring jobs as per the FSU's claim. ($1 = 1.5328 Australian dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store