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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>

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Has the ‘Temu effect’ claimed another victim?

November 25, 2025

Source: Radio New Zealand Online retailers are probably falling victim to New Zealanders’ desire for even cheaper online bargains. Nikos Pekiaridis / NurPhoto via AFP Sites such as GrabOne and NZSale are probably falling victim to New Zealanders’ desire for even cheaper online bargains, and the “Temu effect”. NZSale closed for business in New Zealand ... <a title="Has the ‘Temu effect’ claimed another victim?" class="read-more" href="https://eveningreport.nz/2025/11/25/has-the-temu-effect-claimed-another-victim/" aria-label="Read more about Has the ‘Temu effect’ claimed another victim?">Read more</a>

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Why the Uber drivers’ victory will be trumped by Parliament

November 25, 2025

Source: Radio New Zealand The Employment Relations Bill could override the Uber court decision. RNZ / Samuel Rillstone An expert in employment law says new legislation will override a Supreme Court ruling, but that bill is full of holes – and will itself end up being tested in the courts. The union for four Uber ... <a title="Why the Uber drivers’ victory will be trumped by Parliament" class="read-more" href="https://eveningreport.nz/2025/11/25/why-the-uber-drivers-victory-will-be-trumped-by-parliament/" aria-label="Read more about Why the Uber drivers’ victory will be trumped by Parliament">Read more</a>