Story image

Xero and Statistics NZ sign data supply agreement

02 Jun 2015

Kiwi accounting software firm Xero has teamed up with Statistics New Zealand for a data supply trial.

Statistics Minister Craig Foss announced the trial data supply agreement could improve the quality of statistics and produce new ones for the benefit of both government and business.

“Data is an invaluable resource. It has the potential to revolutionise the way we govern and the way we do business — the opportunities are endless,” Foss says.

 “This is an excellent example of the government working better for business,” he claims.

Under the agreement, the financial data of some Xero customers, including information from profit/loss statements and balance sheets, will be sent to Statistics NZ for analysis. 

“Better statistics lead to a better understanding of the economy and better decision making, which is good for everyone, including business,” says Foss.

“It could also save business owners time by reducing the number of surveys they need to fill in.”

Foss says privacy and confidentiality of customers’ data is top priority and only those businesses that opt in to the trial will be included.

Businesses keen to participate can find out more here.

Unencrypted Gearbest database leaves over 1.5mil shoppers’ records exposed
Depending on the countries and information requirements, the data could give hackers access to online government portals, banking apps, and health insurance records.
Mozilla launches Firefox Send, an encrypted file transfer service
Mozille Firefox has launched a free encrypted file transfer service that allows people to securely share files from any web browser – not just Firefox.
VoiP new-comer upgraded and ready to take on NZ
UFONE is an Auckland-based VoIP provider that has just completed a massive upgrade of its back-end and is ready to take on the market.
Online attackers abusing Kiwis' generosity in wake of Chch tragedy
It doesn’t take some people long to abuse people’s kindness and generosity in a time of mourning.
Apple launches revamped iPad Air & iPad mini
Apple loves tinkering with its existing product lines and coming up with new ways to make things more powerful – and both the iPad Air and iPad mini seem to be no exception.
IntegrationWorks continues expansion with new Brisbane office
The company’s new office space at the Riverside Centre overlooks the Brisbane River and Storey Bridge.
Emerging tech helps savvy SMB’s succeed
A CompTIA report shows SMBs are taking on the challenge of emerging technologies to reach their business goals.
Tech community rocked by deaths of Atta Elayyan and Syed Jahandad Ali
Both men were among the 50 killed in the shooting in Christchurch last Friday when a gunman opened fire at two mosques.