CoveragePost
November 28, 2025
Source: Radio New Zealand Icehouse Ventures chief executive Robbie Paul. Smoke Photography Ltd Icehouse Ventures says the response to its latest early-stage seed fund has been “phenomenal”, raising a record $70 million to help at least 30 ventures get started. Chief executive Robbie Paul said the market was hot, with new investments continuing to flow ... <a title="‘Phenomenal’ response: $70m raised for Icehouse Ventures seed fund to help start 30 businesses" class="read-more" href="https://eveningreport.nz/2025/11/28/phenomenal-response-70m-raised-for-icehouse-ventures-seed-fund-to-help-start-30-businesses/" aria-label="Read more about ‘Phenomenal’ response: $70m raised for Icehouse Ventures seed fund to help start 30 businesses">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand Last year IRD signalled it was honing in on people dealing crypto who were not declaring their income. Supplied A crypto accountant is warning investors that the tax collector is coming for them, with seven out of ten people trading in crypto assets currently side stepping their tax obligations. In July ... <a title="Crypto accountant warning investors that tax collector is coming for them" class="read-more" href="https://eveningreport.nz/2025/11/27/crypto-accountant-warning-investors-that-tax-collector-is-coming-for-them/" aria-label="Read more about Crypto accountant warning investors that tax collector is coming for them">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand The reset followed a $1 billion equity raise in February 2025. Supplied Major retirement village operator Ryman Healthcare has reported a first-half loss, but is in a cashflow-positive position for the first time in a decade. “We’ve turned an important corner in our transformation, with the balance sheet reset providing a ... <a title="Ryman Healthcare returns to positive cashflow for first time in decade" class="read-more" href="https://eveningreport.nz/2025/11/27/ryman-healthcare-returns-to-positive-cashflow-for-first-time-in-decade/" aria-label="Read more about Ryman Healthcare returns to positive cashflow for first time in decade">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand The company forecasted an underlying profit for the coming year between $55m-65m. RNZ / Dan Cook Insurance company Tower has reported record profits, as increased numbers of customers drove premium income, while it had a low level of big-claim events. Key numbers for the year ended September compared with a year ... <a title="Tower reports record profits, more customers, fewer big-claim events" class="read-more" href="https://eveningreport.nz/2025/11/27/tower-reports-record-profits-more-customers-fewer-big-claim-events/" aria-label="Read more about Tower reports record profits, more customers, fewer big-claim events">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand Chatham Islands Enterprise Trust chair Hamish Chisholm expects the power prices will start to drop soon. Ajay Peni Ataera / First Dawn Productions A new wind farm makes it possible for the diesel-reliant Chatham Islands to go green and run entirely on renewable energy. Locals hope it will slash astronomically high ... <a title="Chatham Islands’ new Point Durham wind farm to drop power prices by 20 percent" class="read-more" href="https://eveningreport.nz/2025/11/27/chatham-islands-new-point-durham-wind-farm-to-drop-power-prices-by-20-percent/" aria-label="Read more about Chatham Islands’ new Point Durham wind farm to drop power prices by 20 percent">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand Property Brokers were fined for having a QR code rather than a price on a sign. (File photo) 123RF A property manager says he was shocked to be handed a $2000 fine for including a QR code rather than a stated rent amount on the sign outside a property available for ... <a title="Property managers fined for relying on QR code" class="read-more" href="https://eveningreport.nz/2025/11/27/property-managers-fined-for-relying-on-qr-code/" aria-label="Read more about Property managers fined for relying on QR code">Read more</a>
CoveragePost
November 27, 2025
Source: Radio New Zealand From left: Associate Minister of Defence Chris Penk, Sir Nick Hine, CEO Marine at Babcock International, and Lance Bauerfeind, Head of Training and Simulation at Company-X, pictured at the Indo Pacific International Maritime Exposition in Sydney. Supplied A Hamilton company has done a deal to supply its virtual reality (VR) training ... <a title="Hamilton’s Company-X to supply virtual reality training to UK defence contractor Babcock" class="read-more" href="https://eveningreport.nz/2025/11/27/hamiltons-company-x-to-supply-virtual-reality-training-to-uk-defence-contractor-babcock/" aria-label="Read more about Hamilton’s Company-X to supply virtual reality training to UK defence contractor Babcock">Read more</a>
CoveragePost
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>
CoveragePost
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>
CoveragePost
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>
CoveragePost
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>
CoveragePost
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>
