NBR today announced it would be withdrawing from the EY Business Journalism Awards entirely.
The Herald has also decided to withdraw its entries from the awards.
"It is important that journalism awards are independent and the removal of Karyn Scherer's entry without adequate explanation calls into question the process at this year's EY awards. The situation is regrettable but the New Zealand Herald feels it has little choice but to withdraw its own journalists' entries," said Herald Business Editor Hamish Fletcher.
Following NZME's withdrawal, Fairfax has also decided to withdraw from the awards.
NBR Editor Duncan Bridgeman said:
"It's a sad outcome because EY's original idea to sponsor the awards was so well-intentioned. Unfortunately, the integrity of the programme has been compromised by this disqualification and a big question mark now hangs over the future of these awards."
EY has been approached for comment.