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Housing market’s ‘tale of two islands’

February 16, 2026

Source: Radio New Zealand Auckland and Wellington stand out as being more oversupplied, say housing experts. RNZ New Zealand’s housing market is a “tale of two islands”, one economist says – as the fortunes of sellers and house hunters in the South Island rapidly diverge from their northern counterparts. Real Estate Institute data on Monday ... <a title="Housing market’s ‘tale of two islands’" class="read-more" href="https://eveningreport.nz/2026/02/16/housing-markets-tale-of-two-islands/" aria-label="Read more about Housing market’s ‘tale of two islands’">Read more</a>

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Services sector growth slows but stays in expansion

February 16, 2026

Source: Radio New Zealand 123rf Services sector expands at a slower pace in January Sales activity continues rising, employment falls Proportion of negative comments increases BNZ says economy is on the right track The services sector recovery slowed to a crawl last month. The BNZ-BusinessNZ Performance of Services Index (PSI) fell by 0.8 points to ... <a title="Services sector growth slows but stays in expansion" class="read-more" href="https://eveningreport.nz/2026/02/16/services-sector-growth-slows-but-stays-in-expansion/" aria-label="Read more about Services sector growth slows but stays in expansion">Read more</a>

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A2 Milk posts net profit of over $112 million for six months to December

February 16, 2026

Source: Radio New Zealand 123RF Infant formula maker A2 Milk showed a solid lift in first half profit on the back of double digit growth in sales allowing an increase in dividend. Key numbers for the six months ended December compared with a year ago: Net profit $112.1m vs $102.5m Revenue $993.5m vs $836.5m Operating ... <a title="A2 Milk posts net profit of over $112 million for six months to December" class="read-more" href="https://eveningreport.nz/2026/02/16/a2-milk-posts-net-profit-of-over-112-million-for-six-months-to-december/" aria-label="Read more about A2 Milk posts net profit of over $112 million for six months to December">Read more</a>

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Contact Energy net profit up 44 percent to $205 million in six months to December

February 16, 2026

Source: Radio New Zealand RNZ / Nate McKinnon Contact Energy’s half-year profit is up 44 percent, despite a 5 percent dip in revenue. The company has made a first half net profit $205 million in the six months ended December, with underlying profit up 24 percent to half a billion dollars ($500m). Contact was also ... <a title="Contact Energy net profit up 44 percent to $205 million in six months to December" class="read-more" href="https://eveningreport.nz/2026/02/16/contact-energy-net-profit-up-44-percent-to-205-million-in-six-months-to-december/" aria-label="Read more about Contact Energy net profit up 44 percent to $205 million in six months to December">Read more</a>

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Freightways sees first half profit lift as economy turns around

February 16, 2026

Source: Radio New Zealand The company saw its bottom line profit increase by 17 percent. Supplied Courier and information management company Freightways posted a strong first-half result as economic conditions improve in New Zealand, while Australia was steady. Key numbers for the six months ended December compared with a year ago: Net profit $52.5m vs ... <a title="Freightways sees first half profit lift as economy turns around" class="read-more" href="https://eveningreport.nz/2026/02/16/freightways-sees-first-half-profit-lift-as-economy-turns-around/" aria-label="Read more about Freightways sees first half profit lift as economy turns around">Read more</a>

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Six-monthly company reporting season hoped to start to reflect turnaround in economy

February 16, 2026

Source: Radio New Zealand Investment firm Forsyth Barr said 2025 looked to have ended on a strong note and it would be looking for revenue and profit margin growth. RNZ The six-monthly company reporting season is about to start, with high hopes that earnings will start to reflect the turnaround in the economy. Investment firm ... <a title="Six-monthly company reporting season hoped to start to reflect turnaround in economy" class="read-more" href="https://eveningreport.nz/2026/02/16/six-monthly-company-reporting-season-hoped-to-start-to-reflect-turnaround-in-economy/" aria-label="Read more about Six-monthly company reporting season hoped to start to reflect turnaround in economy">Read more</a>

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Can my stepchildren force me to sell my home – Ask Susan

February 14, 2026

Source: Radio New Zealand Susan Edmunds. RNZ Got questions? RNZ has a podcast, Got questions? RNZ has a podcast [www.rnz.co.nz/podcasts/nostupidquestions No Stupid Questions with Susan Edmunds]. We’d love to hear more of your questions about money and the economy. You can send through written questions, like these ones, but – even better – you can ... <a title="Can my stepchildren force me to sell my home – Ask Susan" class="read-more" href="https://eveningreport.nz/2026/02/14/can-my-stepchildren-force-me-to-sell-my-home-ask-susan/" aria-label="Read more about Can my stepchildren force me to sell my home – Ask Susan">Read more</a>

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‘Golden visa’ update announced by Immigration Minister

February 13, 2026

Source: Radio New Zealand Immigration Minister Erica Stanford has given an update on the government’s so-called ‘golden visa’, which aims to attract investors with at least $5 million to spend. Changes to the Active Investor Plus visa took effect in April last year, bringing in two categories – riskier ‘growth’ investments of $5m-plus over three ... <a title="‘Golden visa’ update announced by Immigration Minister" class="read-more" href="https://eveningreport.nz/2026/02/13/golden-visa-update-announced-by-immigration-minister/" aria-label="Read more about ‘Golden visa’ update announced by Immigration Minister">Read more</a>

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‘Decent economic growth’ as manufacturing expands – survey

February 13, 2026

Source: Radio New Zealand The BNZ-Business NZ Performance of Manufacturing Index (PMI) fell 0.9 points in January to 55.2, but was comfortably above its long running average of 52.5. 123rf The manufacturing sector’s turnaround continued into the new year as firms recorded growth in new orders and production, while employment also grew. The BNZ-Business NZ ... <a title="‘Decent economic growth’ as manufacturing expands – survey" class="read-more" href="https://eveningreport.nz/2026/02/13/decent-economic-growth-as-manufacturing-expands-survey/" aria-label="Read more about ‘Decent economic growth’ as manufacturing expands – survey">Read more</a>

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Wet summer keeps electricity hydro lakes full

February 13, 2026

Source: Radio New Zealand Hydro lakes are fuller than they would normally be at this time of year. Meridian Energy / supplied A wet summer has kept Meridian’s hydro storage lakes topped up, which could help keep power prices in check down the track. Record rainfall in both the North and South Islands in January ... <a title="Wet summer keeps electricity hydro lakes full" class="read-more" href="https://eveningreport.nz/2026/02/13/wet-summer-keeps-electricity-hydro-lakes-full/" aria-label="Read more about Wet summer keeps electricity hydro lakes full">Read more</a>

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Potato prices could remain high as yields down

February 13, 2026

Source: Radio New Zealand The tractor harvester working on the field. 123RF Some potato growers are reporting yields could be down 20 percent this winter due to bad weather, but it’s still a bit early in the season to know the full impact. Some growers are harvesting early varieties now, with the main harvest getting ... <a title="Potato prices could remain high as yields down" class="read-more" href="https://eveningreport.nz/2026/02/13/potato-prices-could-remain-high-as-yields-down/" aria-label="Read more about Potato prices could remain high as yields down">Read more</a>

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Retirement age will rise to cover superannuation cost, investment company predicts

February 13, 2026

Source: Radio New Zealand 123RF An investment company predicts New Zealanders will have to work into their 70s if the country wants to afford superannuation. A debate has been held at the New Zealand Economic Forum at Waikato University. Milford Investments CEO Blair Turnbull said 40 percent of retirees rely entirely on income from super ... <a title="Retirement age will rise to cover superannuation cost, investment company predicts" class="read-more" href="https://eveningreport.nz/2026/02/13/retirement-age-will-rise-to-cover-superannuation-cost-investment-company-predicts/" aria-label="Read more about Retirement age will rise to cover superannuation cost, investment company predicts">Read more</a>