Archive

Business

CoveragePost

The return of the property flipper

February 5, 2026

Source: Radio New Zealand RNZ Property flippers are back, at a rate not seen since before the global financial crisis. A recent case in which an Auckland re-seller was ordered to pay $1 million to a couple he left out of pocket highlighted the perils of the practice. Robert and Margaret Smallridge took their case ... <a title="The return of the property flipper" class="read-more" href="https://eveningreport.nz/2026/02/05/the-return-of-the-property-flipper/" aria-label="Read more about The return of the property flipper">Read more</a>

CoveragePost

Lyttelton Port posts record half-year profit

February 4, 2026

Source: Radio New Zealand RNZ / Nate McKinnon Lyttelton Port Company has delivered record earnings and profit in the first half of its financial year, thanks to strong growth in bulk imports and exports. Total revenue was $108.5 million for the six months ending 31 December, an increase of 7.6 percent on the same period ... <a title="Lyttelton Port posts record half-year profit" class="read-more" href="https://eveningreport.nz/2026/02/04/lyttelton-port-posts-record-half-year-profit/" aria-label="Read more about Lyttelton Port posts record half-year profit">Read more</a>

CoveragePost

‘Dying is hard to do’: Cancer patient says KiwiSaver withdrawal bar too high

February 4, 2026

Source: Radio New Zealand 123RF A man who has cancer says he’s been so discouraged by what he’s discovered about early KiwiSaver withdrawals that he hasn’t even tried to get much-needed money out of his account – and wants the system to change. The man, who wants only to be identified as Christopher because he ... <a title="‘Dying is hard to do’: Cancer patient says KiwiSaver withdrawal bar too high" class="read-more" href="https://eveningreport.nz/2026/02/04/dying-is-hard-to-do-cancer-patient-says-kiwisaver-withdrawal-bar-too-high/" aria-label="Read more about ‘Dying is hard to do’: Cancer patient says KiwiSaver withdrawal bar too high">Read more</a>

CoveragePost

Synlait’s comeback delayed as costs stay high

February 4, 2026

Source: Radio New Zealand The company is a key supplier to A2 Milk. Synlait/supplied Dairy company Synlait is forecasting a hefty half-year loss as its recovery takes longer than hoped. The company has forecast a net loss after tax of between $77 million-$82m for the six months ended January. The company – a key supplier ... <a title="Synlait’s comeback delayed as costs stay high" class="read-more" href="https://eveningreport.nz/2026/02/04/synlaits-comeback-delayed-as-costs-stay-high/" aria-label="Read more about Synlait’s comeback delayed as costs stay high">Read more</a>

CoveragePost

‘Significant financial implications’ for Mount businesses after deadly landslide

February 4, 2026

Source: Radio New Zealand Six people died after a section of the maunga collapsed into a campground. Nick Monro The head of a Mount Maunganui business association says local shops are trying to return to normal after the fatal Mauao landslide. Six people died after a section of the maunga collapsed into a campground. Mount ... <a title="‘Significant financial implications’ for Mount businesses after deadly landslide" class="read-more" href="https://eveningreport.nz/2026/02/04/significant-financial-implications-for-mount-businesses-after-deadly-landslide/" aria-label="Read more about ‘Significant financial implications’ for Mount businesses after deadly landslide">Read more</a>

CoveragePost

270 head office jobs to go as The Warehouse restructures

February 4, 2026

Source: Radio New Zealand will outsource more functions in a measure aimed at reducing its cost base. SUPPLIED Around 270 jobs head office jobs will go from the Warehouse, and more functions will be outsourced, in a measure aimed at reducing its cost base. Chief Executive Mark Stirton said the company’s cost base was unsustainable ... <a title="270 head office jobs to go as The Warehouse restructures" class="read-more" href="https://eveningreport.nz/2026/02/04/270-head-office-jobs-to-go-as-the-warehouse-restructures/" aria-label="Read more about 270 head office jobs to go as The Warehouse restructures">Read more</a>

CoveragePost

Insurer’s block on new policies not ‘a tipping point’ for NZ customers – Insurance Council

February 4, 2026

Source: Radio New Zealand Insurance Council chief executive Kris Faafoi The Insurance Council says although one insurer has stopped offering home policies in some South Island towns, it’s not an industry-wide issue. RNZ has revealed that the company had halted new home, business and landlord insurance policies in the West Coast town of Westport, due ... <a title="Insurer’s block on new policies not ‘a tipping point’ for NZ customers – Insurance Council" class="read-more" href="https://eveningreport.nz/2026/02/04/insurers-block-on-new-policies-not-a-tipping-point-for-nz-customers-insurance-council/" aria-label="Read more about Insurer’s block on new policies not ‘a tipping point’ for NZ customers – Insurance Council">Read more</a>

CoveragePost

‘Dying is hard to do’: Cancer sufferer says KiwiSaver withdrawal bar too high

February 4, 2026

Source: Radio New Zealand Some KiwiSaver members are having difficulty withdrawing their contributions, despite being terminally ill (File photo). RNZ / REECE BAKER A cancer sufferer says he’s been so discouraged by what he’s discovered about early KiwiSaver withdrawals that he hasn’t even tried to get much-needed money out of his account – and wants ... <a title="‘Dying is hard to do’: Cancer sufferer says KiwiSaver withdrawal bar too high" class="read-more" href="https://eveningreport.nz/2026/02/04/dying-is-hard-to-do-cancer-sufferer-says-kiwisaver-withdrawal-bar-too-high/" aria-label="Read more about ‘Dying is hard to do’: Cancer sufferer says KiwiSaver withdrawal bar too high">Read more</a>

CoveragePost

How much do accountants actually earn?

February 4, 2026

Source: Radio New Zealand Australian accountants are still getting paid more than New Zealanders. 123RF Australian accountants are still getting paid more than New Zealanders – but the local sector had a bigger pay bump in the past year. That’s according to the Chartered Accountants Australia New Zealand (CAANZ) remuneration survey released on Wednesday. It ... <a title="How much do accountants actually earn?" class="read-more" href="https://eveningreport.nz/2026/02/04/how-much-do-accountants-actually-earn/" aria-label="Read more about How much do accountants actually earn?">Read more</a>

CoveragePost

Home insurance premiums fall despite ongoing weather risks

February 4, 2026

Source: Radio New Zealand Home insurance premiums fell in the last year, even in areas prone to weather-related risks. RNZ Home insurance premiums fell across all regions of the country in the last year, even in areas prone to weather-related risks, new Treasury data shows. The availability of insurance from multiple underwriters also improved in ... <a title="Home insurance premiums fall despite ongoing weather risks" class="read-more" href="https://eveningreport.nz/2026/02/04/home-insurance-premiums-fall-despite-ongoing-weather-risks/" aria-label="Read more about Home insurance premiums fall despite ongoing weather risks">Read more</a>

CoveragePost

Authors miss out on annual Public Lending Right payment after DIA bungle

February 4, 2026

Source: Radio New Zealand The National Library became aware of an issue with payments for 2025 in late December. Google Maps New Zealand authors have missed out on an annual payment that some describe as a key part of their income. The Public Lending Right (PLR) scheme makes a payment to authors each year, when ... <a title="Authors miss out on annual Public Lending Right payment after DIA bungle" class="read-more" href="https://eveningreport.nz/2026/02/04/authors-miss-out-on-annual-public-lending-right-payment-after-dia-bungle/" aria-label="Read more about Authors miss out on annual Public Lending Right payment after DIA bungle">Read more</a>

CoveragePost

Major insurer declines new home insurance policies for Blenheim

February 4, 2026

Source: Radio New Zealand An aerial view of Blenheim, New Zealand. 123RF Blenheim residents say AA Insurance has stopped offering new home insurance policies in their town, following similar decisions in Westport and parts of greater Christchurch. The insurer would not confirm that Blenheim, and the neighbouring settlements of Renwick and Seddon, were subject to ... <a title="Major insurer declines new home insurance policies for Blenheim" class="read-more" href="https://eveningreport.nz/2026/02/04/major-insurer-declines-new-home-insurance-policies-for-blenheim/" aria-label="Read more about Major insurer declines new home insurance policies for Blenheim">Read more</a>