Data Principles & Corrections
NZXplorer republishes information from NZX market announcements, Financial Markets Conduct Act filings, Companies Office records, the NZ Government Gazette, and the audited annual reports of NZX-listed issuers. This page sets out the principles that govern what we publish, what we restrict, and how to engage with us if you believe something here needs context, correction, or removal.
Source authority
Every issuer listed on the NZX Main Board is in the strongest statutory disclosure regime in New Zealand by virtue of being listed. The continuous-disclosure regime under Financial Markets Conduct Act 2013 §270 and the NZX Listing Rules requires immediate disclosure of material information. Director and key-management remuneration, shareholdings, related- party transactions and substantial product holdings are required to be disclosed under Companies Act 1993 §211 (annual report contents), NZX Listing Rule 3.6 (director and KMP remuneration), and the FMA Disclose Register provisions in FMC Act §274–290.
Director identity, board roles, appointments and resignations are publicly available on the Companies Office register under Companies Act 1993 §215.
Republication of information from a publicly available publication is expressly permitted under Privacy Act 2020 sections 7 and 22 (IPP 11(e)(iii) / IPP 12(d)). We treat this as the floor of what we may publish, not the ceiling.
Director and executive remuneration — full disclosure
Unlike the charity sector — where the four PBE reporting tiers produce differentially-detailed public filings, and we mirror that detail in our display — every NZX-listed issuer is in a single mandatory disclosure regime. Director fees, CEO base salary, short- term incentives, long-term incentives and total package are required to be disclosed in the audited annual report. We display these at full statutory granularity, with the source filing linked, and aggregate them across an individual’s career on the cross-platform person profile.
We do not publish information that issuers are permitted to suppress under the FMC Act or NZX Listing Rules (commercially sensitive material in waiver or confidentiality regimes). We do not publish director home addresses where the director has invoked the address-suppression provisions in Companies Act §367AA.
Analytical inferences and proprietary scores
NZXplorer publishes a number of proprietary analytical labels and scores derived from the source data — including the Governance Risk Score (GRS), the CEO Pay vs Returns pattern detector, dividend-cut probability, earnings-quality score, credibility momentum, and the “Active shareholder voice” classification on the analyst and activist directories. These are analytical observations, not statements of fact about any director, executive, or shareholder.
For each label or score we publish, we maintain a methodology page describing the inputs, weights, thresholds, and limitations. The full methodology index is at /about/methodology. Methodology pages are linked from every place a label or score surfaces. Our editorial style guide forbids language that asserts fault, criminality, or character judgement about an individual; we describe the data, not the person.
Any director, executive, or substantial shareholder named in connection with one of these labels has a right of reply via the dispute & right-of-reply form. Submissions go to our editorial review queue with a 5-business-day response target; verified factual errors are corrected within 24 hours of being raised, and any contextual statement you provide is published alongside the data point or label it addresses.
Search-engine indexing policy
The cross-platform person profile is excluded from search-engine indexing for individuals whose only governance role is on a single small charity board, in line with the same rule that applies on CharityData. NZX directors, executives, and substantial product holders are not excluded — being named in a continuous-disclosure filing is itself a public act.
AI training crawlers (GPTBot, ClaudeBot, PerplexityBot, Applebot-Extended, Bytespider, cohere-ai and similar) are blocked via robots.txt from /people/, /charity-people/, /iwi-people/ and /public-sector-people/ URLs, so cross-platform profile material is not ingested into general-purpose AI training corpora. Issuer-level and analytical pages remain available to search and AI Overview surfaces because they are aggregates of issuer-level disclosures, not personal profiles.
Personal data we always remove on request
The following are not statutorily-public-by-design and we will remove them within 24 hours of a verified request, no debate:
- Photographs of an individual (where not derived from issuer-published material such as the annual report or board page)
- Personal email addresses or direct phone numbers
- Home addresses (always — we never display these even if present in source data)
- Any data point about a minor or a person with a current protective order
- Data about anyone with suppressed identity grounds under Privacy Act ss 24-25 or Companies Act §367AA
Corrections, right of reply, and removal
Submit a request via our public dispute & right-of-reply form. Every submission goes to our editorial review queue with a 5-business-day response target. Outcomes:
- Factual error in republished filing dataWe correct it within 24 hours of verifying against the underlying NZX announcement, FMA filing, or annual report. We do not amend records inside the source filing itself — that requires the issuer to refile.
- Right of reply to an analytical observationYou may submit a brief contextual statement (e.g. transition context, pay-mix rationale, governance-cycle factors) and we will publish it on the relevant profile alongside the data point or label it addresses.
- Statutorily-public dataWe do not remove information that is on a statutory public register or in a continuous-disclosure filing by design (name, role, issuer, appointment dates, disclosed remuneration, disclosed shareholdings, substantial product holder notices). The right answer for that information is right-of-reply, not removal.
- Truly-personal dataRemoved within 24 hours per the list in the previous section.
Harmful Digital Communications Act 2015 — 48-hour takedown process
The dispute form accepts user-submitted content (right-of-reply statements, contextual notes from issuers, directors or shareholders) that we publish alongside the data point it addresses. Where you believe such user-submitted content, or any other content posted by another user, is harmful to a third party under the Harmful Digital Communications Act 2015, you can ask us to take it down via the dispute form by selecting “Harmful content posted by another user (HDCA takedown)” as the dispute type.
We follow the §23–24 safe-harbour process. Within 48 hours of receiving the notice we will either (a) forward the complaint to the content author with your personal details redacted (unless you tell us we can share them), or (b) remove the content if the author cannot be reached. The 48-hour clock runs from when the notice arrives, not from when it is read.
The HDCA takedown path is for content posted by other users. For corrections to information we ourselves publish (NZX filings, remuneration figures, analytical labels), use the standard editorial dispute path with its 5-business-day SLA — see the previous section.
Office of the Privacy Commissioner pathway
If you believe our handling of personal information falls short of the Privacy Act 2020, you can raise a complaint with the Office of the Privacy Commissioner at privacy.org.nz. We cooperate fully with any OPC inquiry and abide by determinations.
Researcher, Pro and API access
Higher-detail analytical surfaces (insider-cluster alerts, credibility momentum, dividend-cut probability, IR memos, institutional-grade scoring tabs) are available to Pro, Enterprise and Institutional subscribers and via the public API at /api/v1/. See the pricing & tiers page for full access details and the developer docs for API access.
Indirect-collection notice (Information Privacy Principle 3A)
Required disclosure under the Privacy Act 2020, in force from 1 May 2026.
This notice satisfies the indirect-collection disclosure duty in IPP 3A for personal information we collect about NZX-listed-issuer directors, executives, substantial product holders and earnings-call participants from public registers and other publicly-available publications. Where the source information is publicly available, the IPP 3A "publicly available information" exception also applies; we publish this notice in addition, so that every data subject knows what we hold and how to access or correct it.
NZXplorer collects personal information about the individuals named above and republishes it on NZXplorer (nzxplorer.co.nz) for the purpose described in (2) below.
To provide a searchable, cross-referenced governance and transparency record for journalists, funders, regulators, researchers, and the wider public; to support the regulatory and statutory disclosure regimes listed in (5) below; and to operate the commercial subscription products described on the site.
The general public via NZXplorer (nzxplorer.co.nz); verified researchers and Pro-tier subscribers via gated access for higher-detail disclosures; the Office of the Privacy Commissioner, Charities Services, the Financial Markets Authority, the Companies Office, and other regulators on lawful request; our service providers (Supabase, Netlify, Stripe, Sentry, Anthropic) acting under confidentiality obligations.
NZXplorer, publisher of NZXplorer (nzxplorer.co.nz). Privacy contact: hello@nzxplorer.co.nz.
We rely on the "publicly available publication" exception in sections 7 and 22 of the Privacy Act 2020 (IPP 11(e)(iii) and IPP 12(d)) for republication of information that is already on a statutory public register or has been voluntarily published by the data subject or their organisation. The specific source registers and statutory regimes are:
- NZX market announcements and continuous disclosure filingsNZX Listing Rules; Financial Markets Conduct Act 2013 §270
- Annual reports and audited financial statements lodged with NZXCompanies Act 1993 §211; NZX Listing Rule 3.6
- Substantial Product Holder notices, insider trades and director-interest disclosuresFinancial Markets Conduct Act 2013 §274–290 (FMA Disclose Register)
- Companies Office (NZBN, director and shareholder records, beneficial-ownership data)Companies Act 1993 §215; NZBN Act 2016
- NZ Government Gazette appointment noticesActs and Regulations Publication Act 1989; Crown Entities Act 2004
- Public registers maintained by FMA, RBNZ, Commerce Commission and other Crown regulatorsSector-specific statutes (FMC Act, Reserve Bank Act, Commerce Act etc.)
- Issuer earnings webcasts, investor presentations and analyst-day transcripts publicly distributed by the issuerVoluntary publication by the issuer; FMC Act §270 (continuous disclosure)
Under IPP 6 you may request access to the personal information we hold about you, and under IPP 7 you may request correction. The fastest route is the public dispute & right-of-reply form, which goes to our editorial review queue with a 5-business-day response target. Alternatively, email hello@nzxplorer.co.nz. The full editorial floor — including categories of personal data we always remove on request, the search-engine indexing policy, and the right-of-reply pathway for disputed inferences — is set out on our Data Principles page.
If you believe our handling of your personal information falls short of the Privacy Act 2020, you may also raise a complaint directly with the Office of the Privacy Commissioner at privacy.org.nz or 0800 803 909.
Contact
Editorial & correction enquiries: hello@nzxplorer.co.nz. Privacy & data-protection enquiries: hello@nzxplorer.co.nz. For specific data points, the dispute form is the fastest route into our review queue.
Data sourced from NZX market announcements, FMA Disclose Register, Companies Office, NZ Government Gazette, and the Privacy Act 2020 statutory framework. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice. Last updated: 8 May 2026.