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Retailers hope to convince government to soften stance on card surcharge ban

November 27, 2025

Source: Radio New Zealand The government plans to ban surcharges on in-store card payments by May next year. 123rf The retail sector is still hopeful it can convince the government to ease its hardline stance on banning card surcharges. The government plans to ban surcharges on in-store card payments like Paywave by May next year, ... <a title="Retailers hope to convince government to soften stance on card surcharge ban" class="read-more" href="https://eveningreport.nz/2025/11/27/retailers-hope-to-convince-government-to-soften-stance-on-card-surcharge-ban/" aria-label="Read more about Retailers hope to convince government to soften stance on card surcharge ban">Read more</a>

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Lawsuit filed against Transpower and contractor Omexom over Northland power pylon toppling

November 27, 2025

Source: Radio New Zealand Class action has been filed against national grid operator Transpower and its maintenance contractor Omexom over the toppling of a power pylon in mid-2024 that cut power to the entire Northland region. The legal action is being taken on behalf of the roughly 20,000 businesses affected by the outage and, if ... <a title="Lawsuit filed against Transpower and contractor Omexom over Northland power pylon toppling" class="read-more" href="https://eveningreport.nz/2025/11/27/lawsuit-filed-against-transpower-and-contractor-omexom-over-northland-power-pylon-toppling/" aria-label="Read more about Lawsuit filed against Transpower and contractor Omexom over Northland power pylon toppling">Read more</a>

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Govt cuts red tape for businesses developing new drones

November 26, 2025

Source: Radio New Zealand Drone manufacturers will no longer need approval for small changes to their technology. File photo. 123rf.com A new government rule aims to reduce hurdles for businesses developing new drones and other aviation technology. It is part of a set of regulatory changes intended to cut red tape and help with setting ... <a title="Govt cuts red tape for businesses developing new drones" class="read-more" href="https://eveningreport.nz/2025/11/26/govt-cuts-red-tape-for-businesses-developing-new-drones/" aria-label="Read more about Govt cuts red tape for businesses developing new drones">Read more</a>

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Official cash rate cut to 2.25 percent

November 26, 2025

Source: Radio New Zealand Supplied / Reserve Bank RBNZ delivers expected 25 basis point rate to 2.25 percent It says patchy economic recovery justifies cut RBNZ expects inflation to ease towards 2 pct target next year Door left open for possible further cut Monetary committee voted 5-1 for a cut against hold The Reserve Bank ... <a title="Official cash rate cut to 2.25 percent" class="read-more" href="https://eveningreport.nz/2025/11/26/official-cash-rate-cut-to-2-25-percent/" aria-label="Read more about Official cash rate cut to 2.25 percent">Read more</a>

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First banks move after OCR cut

November 26, 2025

Source: Radio New Zealand The Reserve Bank has cut the official cash rate to its lowest level in three years. RNZ Just minutes after the Reserve Bank revealed it would cut the official cash rate (OCR) by 25 basis points to 2.25 percent, advertised home loan rates started to drop. The Co-Operative Bank said it ... <a title="First banks move after OCR cut" class="read-more" href="https://eveningreport.nz/2025/11/26/first-banks-move-after-ocr-cut/" aria-label="Read more about First banks move after OCR cut">Read more</a>

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Is it cheaper to pay a mortgage, or rent?

November 26, 2025

Source: Radio New Zealand In both markets, people looking for a home have the power. 123rf House prices are down, but rent rises have flattened. In both markets, people looking for a home have the power. So is it better, financially, to own or rent? That’s a question that ANZ economist Matt Galt has been ... <a title="Is it cheaper to pay a mortgage, or rent?" class="read-more" href="https://eveningreport.nz/2025/11/26/is-it-cheaper-to-pay-a-mortgage-or-rent/" aria-label="Read more about Is it cheaper to pay a mortgage, or rent?">Read more</a>

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‘Robust growth’ drives Fisher & Paykel Healthcare to $213m half-year profit

November 26, 2025

Source: Radio New Zealand Fisher & Paykel Healthcare managing director Lewis Gradon Supplied / Fisher & Paykel Healthcare New Zealand’s largest exporter Fisher & Paykel Healthcare has beaten expectations with a 39 percent increase in first-half net profit with revenue up 14 percent. The respiratory appliance manufacturer’s first-half net profit for the period ended September ... <a title="‘Robust growth’ drives Fisher & Paykel Healthcare to $213m half-year profit" class="read-more" href="https://eveningreport.nz/2025/11/26/robust-growth-drives-fisher-paykel-healthcare-to-213m-half-year-profit/" aria-label="Read more about ‘Robust growth’ drives Fisher & Paykel Healthcare to $213m half-year profit">Read more</a>

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One in five Auckland home sellers making a loss

November 26, 2025

Source: Radio New Zealand Almost 20 percent of Auckland homeowners are selling their properties for a loss. RNZ / Kate Newton Almost 20 percent of Auckland homeowners are selling their properties for a loss. Cotality has released its latest Pain and Gain report, which shows the number of properties being sold for a gain or ... <a title="One in five Auckland home sellers making a loss" class="read-more" href="https://eveningreport.nz/2025/11/26/one-in-five-auckland-home-sellers-making-a-loss/" aria-label="Read more about One in five Auckland home sellers making a loss">Read more</a>

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Reserve Bank to deliver further cut to official cash rate

November 25, 2025

Source: Radio New Zealand RNZ Reserve Bank to deliver a 25 basis point cut to 2.25 percent Attention on how wide the RBNZ leaves the door open for more if needed Economy performing largely as forecast in August Last appearance of short term governor Christian Hawkesby New governor Anna Bremen starts on 1 December The ... <a title="Reserve Bank to deliver further cut to official cash rate" class="read-more" href="https://eveningreport.nz/2025/11/25/reserve-bank-to-deliver-further-cut-to-official-cash-rate/" aria-label="Read more about Reserve Bank to deliver further cut to official cash rate">Read more</a>

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High beef prices hurt and help McDonald’s NZ

November 25, 2025

Source: Radio New Zealand Not even fast food giant McDonald’s New Zealand is immune to the rising cost of food, especially for key burger ingredient beef. Around 90 percent of the fast food chain’s menu in its 170 restaurants across Aotearoa was sourced from local farms, and it spent $235 million on local produce in ... <a title="High beef prices hurt and help McDonald’s NZ" class="read-more" href="https://eveningreport.nz/2025/11/25/high-beef-prices-hit-mcdonalds-nzs-bottom-line/" aria-label="Read more about High beef prices hurt and help McDonald’s NZ">Read more</a>

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FENZ applies for facilitation to end pay dispute with firefighters

November 25, 2025

Source: Radio New Zealand It has been 16 months since the NZ Professional Firefighters Union began pay talks with FENZ. Marika Khabazi / RNZ Fire and Emergency (FENZ) has applied for independent facilitation to put an end to its long running dispute with the firefighters union. It has been 16 months since the NZ Professional ... <a title="FENZ applies for facilitation to end pay dispute with firefighters" class="read-more" href="https://eveningreport.nz/2025/11/25/fenz-applies-for-facilitation-to-end-pay-dispute-with-firefighters/" aria-label="Read more about FENZ applies for facilitation to end pay dispute with firefighters">Read more</a>

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What is Black Friday and why is it a big deal in New Zealand?

November 25, 2025

Source: Radio New Zealand Retailers around Aotearoa have been promoting their Black Friday sales for weeks. RNZ Illustration / Nik Dirga / 123rf Explainer – You can’t turn around with seeing a Black Friday advert this week. But where did it first come from? The shopping sales event – officially taking place this Friday – ... <a title="What is Black Friday and why is it a big deal in New Zealand?" class="read-more" href="https://eveningreport.nz/2025/11/25/what-is-black-friday-and-why-is-it-a-big-deal-in-new-zealand/" aria-label="Read more about What is Black Friday and why is it a big deal in New Zealand?">Read more</a>