Archive

Business

CoveragePost

What are New Zealand’s global supply chains being disrupted by the US-Iran conflict?

March 5, 2026

Source: Radio New Zealand The Hormuz Strait between Iran and Oman carries around a fifth of the world’s oil and a large amount of natural gas, but shipping lanes there have been suspended during the current war. JULIEN DE ROSA / AFP Explainer – The war raging in the Middle East is affecting supply chains, ... <a title="What are New Zealand’s global supply chains being disrupted by the US-Iran conflict?" class="read-more" href="https://eveningreport.nz/2026/03/05/what-are-new-zealands-global-supply-chains-being-disrupted-by-the-us-iran-conflict/" aria-label="Read more about What are New Zealand’s global supply chains being disrupted by the US-Iran conflict?">Read more</a>

CoveragePost

Treasury figures show $6 billion deficit for seven months ended January

March 5, 2026

Source: Radio New Zealand Treasury figures show the government’s finances are in better shape than expected. RNZ The government’s finances are in better than expected shape as spending has fallen while the tax take is steady. Treasury figures, which exclude ACC finances, show a deficit of $6 billion for the seven months ended January, about ... <a title="Treasury figures show $6 billion deficit for seven months ended January" class="read-more" href="https://eveningreport.nz/2026/03/05/treasury-figures-show-6-billion-deficit-for-seven-months-ended-january/" aria-label="Read more about Treasury figures show $6 billion deficit for seven months ended January">Read more</a>

CoveragePost

Tāiko Critical Minerals debuts on NZX

March 5, 2026

Source: Radio New Zealand Tāiko Critical Minerals debuts on the NZX on Thursday. RNZ / Angus Dreaver Australian controlled mining company Tāiko Critical Minerals to list on NZ stock exchange (NZX) Company planning heavy minerals mining venture near Greymouth, production in 2028 NZX listing aimed at widening investor base Selected wholesale NZ investors offered shares ... <a title="Tāiko Critical Minerals debuts on NZX" class="read-more" href="https://eveningreport.nz/2026/03/05/taiko-critical-minerals-debuts-on-nzx/" aria-label="Read more about Tāiko Critical Minerals debuts on NZX">Read more</a>

CoveragePost

Private landlords needed to help house rough sleepers

March 5, 2026

Source: Radio New Zealand Tejinder Singh’s nine rental properties in Papatoetoe house people who were formerly sleeping rough. Supplied Organisations helping house rough sleepers are relying on private landlords to open their doors, amid a shortage of social homes. With the government limiting further social housing builds, Housing First providers are eyeing up market rentals ... <a title="Private landlords needed to help house rough sleepers" class="read-more" href="https://eveningreport.nz/2026/03/05/private-landlords-needed-to-help-house-rough-sleepers/" aria-label="Read more about Private landlords needed to help house rough sleepers">Read more</a>

CoveragePost

Trade Me drops success fee, Facebook ‘snapping at its heels’

March 5, 2026

Source: Radio New Zealand Trade Me is removing success fees for casual sellers, in a move that one marketing expert says is probably a response to the growing power of Facebook Marketplace. Sellers have usually been paying 7.9 percent of the final sales price of items sold via Trade Me. But a new fee structure ... <a title="Trade Me drops success fee, Facebook ‘snapping at its heels’" class="read-more" href="https://eveningreport.nz/2026/03/05/trade-me-drops-success-fee-facebook-snapping-at-its-heels/" aria-label="Read more about Trade Me drops success fee, Facebook ‘snapping at its heels’">Read more</a>

CoveragePost

Housing market ‘upturns start somewhere’

March 5, 2026

Source: Radio New Zealand Hamilton and Dunedin experienced a lift of 0.9 percent in the month while Auckland was up only 0.1 percent (file image). 123rf Upturns have to start somewhere, and February could have been the beginning for the housing market, Cotality says. It has released its latest data which shows property values lifted ... <a title="Housing market ‘upturns start somewhere’" class="read-more" href="https://eveningreport.nz/2026/03/05/housing-market-upturns-start-somewhere/" aria-label="Read more about Housing market ‘upturns start somewhere’">Read more</a>

CoveragePost

More than 2500 cases of Steinlager beer recalled for incorrectly being labelled alcohol-free

March 4, 2026

Source: Radio New Zealand Steinlager Ultra Low Carb outer packaging (24 x 330ml). Supplied / MPI A batch of Steinlager beer is being recalled for having incorrect alcohol-free labels. Lion has announced a recall of over 2500 cases of Steinlager Ultra Low Carb 24-packs, saying that clear bottles with alcohol-free labels are not alcohol free. ... <a title="More than 2500 cases of Steinlager beer recalled for incorrectly being labelled alcohol-free" class="read-more" href="https://eveningreport.nz/2026/03/04/more-than-2500-cases-of-steinlager-beer-recalled-for-incorrectly-being-labelled-alcohol-free/" aria-label="Read more about More than 2500 cases of Steinlager beer recalled for incorrectly being labelled alcohol-free">Read more</a>

CoveragePost

Buy Now Pay Later got a revamp – but borrowers are still out of pocket

March 4, 2026

Source: Radio New Zealand RNZ / Rebekah Parsons-King Some people are resorting to withdrawing money from their KiwiSaver accounts to clear Buy Now Pay Later (BNPL) debt, financial mentors say, in a new report that indicates recent reforms are not helping consumers. The report by Consumer NZ and financial mentor network Fincap, with assistance from ... <a title="Buy Now Pay Later got a revamp – but borrowers are still out of pocket" class="read-more" href="https://eveningreport.nz/2026/03/04/buy-now-pay-later-got-a-revamp-but-borrowers-are-still-out-of-pocket/" aria-label="Read more about Buy Now Pay Later got a revamp – but borrowers are still out of pocket">Read more</a>

CoveragePost

Courier companies fined over $1 million for cartel conduct

March 4, 2026

Source: Radio New Zealand The penalties follow separate hearings at the Auckland High Court. 123RF Two courier companies found to be involved in cartel behaviour have been ordered to pay more than $1.2 million combined. Courier service Aramex has been penalised $700,000, while a second company, GoSweetSpot, has been penalised $525,000 in two separate cases ... <a title="Courier companies fined over $1 million for cartel conduct" class="read-more" href="https://eveningreport.nz/2026/03/04/courier-companies-fined-over-1-million-for-cartel-conduct/" aria-label="Read more about Courier companies fined over $1 million for cartel conduct">Read more</a>

CoveragePost

Former financial adviser fined $15,000, investors remain out of pocket

March 4, 2026

Source: Radio New Zealand David McEwen. Screenshot / YouTube A former financial adviser has been convicted and fined $15,000 for breaching a banning order by the financial markets regulator, but investors remain out of pocket. David McEwen was convicted of four charges of breaching a 2023 Financial Markets Authority stop order at the Auckland District ... <a title="Former financial adviser fined $15,000, investors remain out of pocket" class="read-more" href="https://eveningreport.nz/2026/03/04/former-financial-adviser-fined-15000-investors-remain-out-of-pocket/" aria-label="Read more about Former financial adviser fined $15,000, investors remain out of pocket">Read more</a>

CoveragePost

New Zealand redraws open work visa conditions

March 4, 2026

Source: Radio New Zealand RNZ / Yiting Lin Open work visa holders are set to see changes to their visa conditions next month. An open work visa generally allows people to work for almost any employer, across most sectors and locations, without needing a job offer. From 20 April, Immigration New Zealand said open work ... <a title="New Zealand redraws open work visa conditions" class="read-more" href="https://eveningreport.nz/2026/03/04/new-zealand-redraws-open-work-visa-conditions/" aria-label="Read more about New Zealand redraws open work visa conditions">Read more</a>

CoveragePost

Seascape developer Shundi Customs placed in receivership

March 4, 2026

Source: Radio New Zealand The Seascape apartment project in Auckland is at a standstill. RNZ / Ziming Li The owner and developer of the 187-metre 52-storey Seascape development near Auckland’s waterfront has been put into receivership. Receivers Brendon Gibson and Neale Jackson of Calibre Partners said the immediate priority was to ensure Shundi Customs’s development ... <a title="Seascape developer Shundi Customs placed in receivership" class="read-more" href="https://eveningreport.nz/2026/03/04/seascape-developer-shundi-customs-placed-in-receivership/" aria-label="Read more about Seascape developer Shundi Customs placed in receivership">Read more</a>