T20 cricket tickets, Warriors tickets, champagne, and cheese boards were among gifts and hospitality given to staff at New Zealand's financial regulators by big corporates last year.

Corporate gifts have come under the spotlight in Australia this week after the Sydney Morning Herald revealed officials at the Australian Securities and Investments Commission and the Australian Competition and Consumers Affairs Commission have accepted gifts, ranging from meals at top restaurants to sports tickets, from corporations like Macquarie Bank and the power company Energy Australia that they are supposed to keep an eye on.

The revelations have sparked questions over whether regulators

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