CoveragePost
December 19, 2025
Source: Radio New Zealand Finance Minister Nicola Willis said GDP growth showed there were better times ahead. RNZ The retail, construction and manufacturing sectors are cautiously optimistic about recent growth in the country’s economy. Stats NZ data showed gross domestic product (GDP) – the broad measure of economic growth – rose 1.1 percent in the ... <a title="Retail, construction, manufacturing industries eye GDP growth with cautious optimism" class="read-more" href="https://eveningreport.nz/2025/12/19/retail-construction-manufacturing-industries-eye-gdp-growth-with-cautious-optimism/" aria-label="Read more about Retail, construction, manufacturing industries eye GDP growth with cautious optimism">Read more</a>
CoveragePost
December 19, 2025
Source: Radio New Zealand Savings account rates generally aren’t offering enough interest to keep up with inflation. But what are savers’ options if they don’t want to see their money going backwards? Reserve Bank data shows that the average interest rate paid by bonus-paying savings account, such as those that reward someone when they make ... <a title="How savers can stop accounts being eroded by inflation" class="read-more" href="https://eveningreport.nz/2025/12/19/how-savers-can-stop-accounts-being-eroded-by-inflation/" aria-label="Read more about How savers can stop accounts being eroded by inflation">Read more</a>
CoveragePost
December 19, 2025
Source: Radio New Zealand Rocket Lab has successfully launched a fourth spacecraft into orbit for the United States Department of War. Supplied / Rocket Lab Rocket Lab has successfully launched a fourth spacecraft into orbit for the United States Department of War. The launch, named ‘Don’t Be Such A Square’, lifted off from Wallops Island ... <a title="Rocket Lab launches fourth spacecraft into orbit for US Department of War testing" class="read-more" href="https://eveningreport.nz/2025/12/19/rocket-lab-launches-fourth-spacecraft-into-orbit-for-us-department-of-war-testing/" aria-label="Read more about Rocket Lab launches fourth spacecraft into orbit for US Department of War testing">Read more</a>
CoveragePost
December 18, 2025
Source: Radio New Zealand IKEA’s first Auckland store opens on December 4 Marika Khabazi / RNZ Homeware retail giant IKEA appears to be a victim of its own success. It is shutting down its customer support centre from Friday for the rest of the week so its team can focus on rebooking customer orders and ... <a title="IKEA shuts down customer support centre in wake of delivery woes" class="read-more" href="https://eveningreport.nz/2025/12/18/ikea-shuts-down-customer-support-centre-in-wake-of-delivery-woes/" aria-label="Read more about IKEA shuts down customer support centre in wake of delivery woes">Read more</a>
CoveragePost
December 18, 2025
Source: Radio New Zealand RNZ Fonterra lowers milk price forecast midpoint again Strong global supply weighing on prices Global Dairy Trade auction has fallen at nine consecutive meetings Fonterra has lowered its milk price forecast as strong supply in the global market weighs on global prices. The co-op reduced the forecast range on its Farmgate ... <a title="Fonterra lowers milk price forecast amid strong supply" class="read-more" href="https://eveningreport.nz/2025/12/18/fonterra-lowers-milk-price-forecast-amid-strong-supply/" aria-label="Read more about Fonterra lowers milk price forecast amid strong supply">Read more</a>
CoveragePost
December 18, 2025
Source: Radio New Zealand RNZ / Rebekah Parsons-King Numbers out today are likely to show the economy rebounded in the September quarter. Gross domestic product – a broad measure of growth – is expected to have grown 0.9 percent in the three months, after a shock 0.9 percent fall in June. Economists are predicting growth ... <a title="GDP announcement expected to show economic rebound" class="read-more" href="https://eveningreport.nz/2025/12/18/gdp-announcement-expected-to-show-economic-rebound/" aria-label="Read more about GDP announcement expected to show economic rebound">Read more</a>
CoveragePost
December 18, 2025
Source: Radio New Zealand The rate of gas installations has slowed, as the supply shrinks. 123RF.com Renewables advocates claim it’s “madness” that thousands of new piped gas connections are being installed into houses every year, despite dwindling supply. Organisations pushing for the country to electrify say households will face steeply rising bills in the short ... <a title="Households ponder pros, cons of gas against electricity as supply dwindles" class="read-more" href="https://eveningreport.nz/2025/12/18/households-ponder-pros-cons-of-gas-against-electricity-as-supply-dwindles/" aria-label="Read more about Households ponder pros, cons of gas against electricity as supply dwindles">Read more</a>
CoveragePost
December 18, 2025
Source: Radio New Zealand ANZ has seen more customers asking about switching from floating rate to a fixed one. RNZ Home loan customers are hustling to fix as rates start to rise. The country’s biggest bank, ANZ, said it had seen more customers asking about switching from a floating rate to a fixed one in ... <a title="Customers jump on fixed terms as rates rise" class="read-more" href="https://eveningreport.nz/2025/12/18/customers-jump-on-fixed-terms-as-rates-rise/" aria-label="Read more about Customers jump on fixed terms as rates rise">Read more</a>
CoveragePost
December 17, 2025
Source: Radio New Zealand RNZ RBNZ eases capital requirements on banks New settings to reduce bank funding costs overall by about $5 bn RBNZ says settings conservative but closer to global standards Changes likely to benefit smaller banks, improve competition Banks will be expected to pass on savings. The Reserve Bank has reduced the amount ... <a title="Reserve Bank eases capital requirements on banks" class="read-more" href="https://eveningreport.nz/2025/12/17/reserve-bank-eases-capital-requirements-on-banks/" aria-label="Read more about Reserve Bank eases capital requirements on banks">Read more</a>
CoveragePost
December 17, 2025
Source: Radio New Zealand Morningstar said investors should focus on long-term savings goals, rather than seek short-term gains. RNZ / REECE BAKER A leading financial research firm says KiwiSaver investors should focus on long-term savings goals, rather than seek short-term gains on speculative investments. The end of year is often a time when investors reviewed ... <a title="KiwiSaver investors should focus on long-term savings: Financial research firm" class="read-more" href="https://eveningreport.nz/2025/12/17/kiwisaver-investors-should-focus-on-long-term-savings-financial-research-firm/" aria-label="Read more about KiwiSaver investors should focus on long-term savings: Financial research firm">Read more</a>
CoveragePost
December 17, 2025
Source: Radio New Zealand The change is expected to apply to $5m-plus houses mostly in Queenstown or Auckland. 123RF Explainer – In a flurry of last-minute activity before the holidays, Parliament has approved changes to the foreign buyers ban that has been in place for the last seven years. The changes will allow “golden visa” ... <a title="What changes to New Zealand’s foreign buyers real estate ban will mean" class="read-more" href="https://eveningreport.nz/2025/12/17/what-changes-to-new-zealands-foreign-buyers-real-estate-ban-will-mean/" aria-label="Read more about What changes to New Zealand’s foreign buyers real estate ban will mean">Read more</a>
CoveragePost
December 17, 2025
Source: Radio New Zealand Spending remained strongest in the South Island, but was picking up in other regions. 123rf.com The holiday season appears to have boosted the spirits of consumers with household confidence on the rise. The Westpac-McDermott Miller Consumer Confidence Index rose 5.6 points in December to 96.5. While the reading was a little ... <a title="Consumer confidence up in December but still below long-term averages index shows" class="read-more" href="https://eveningreport.nz/2025/12/17/consumer-confidence-up-in-december-but-still-below-long-term-averages-index-shows/" aria-label="Read more about Consumer confidence up in December but still below long-term averages index shows">Read more</a>
