CoveragePost
March 16, 2026
Source: Radio New Zealand Finance Minister Nicola Willis is downplaying the economic risks New Zealand faces in the wake of the war in the Middle East and closure of the Strait of Hormuz. She warned on Monday of potential “acute cost of living pressures” ahead, but said fuel excise tax would not be cut, partly ... <a title="Willis reveals how bad inflation could get as petrol surges past $3" class="read-more" href="https://eveningreport.nz/2026/03/16/willis-reveals-how-bad-inflation-could-get-as-petrol-surges-past-3/" aria-label="Read more about Willis reveals how bad inflation could get as petrol surges past $3">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand The services sector recovery has come to an abrupt halt after only two months in expansion. 123RF Services sector slumps into contraction All five sub-indices retreat Negative comments stay elevated BNZ says PSI “a real disappointment”. New Zealand’s services sector recovery has come to an abrupt halt after only two months ... <a title="Services recovery hits brick wall" class="read-more" href="https://eveningreport.nz/2026/03/16/services-recovery-hits-brick-wall/" aria-label="Read more about Services recovery hits brick wall">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand The department has issued a “revenue alert” which are are issued when there are significant or tax issues. Supplied Employers are being warned that they could be sent to prison if they take tax from their employees’ pay and do not send it to Inland Revenue. The department has issued a ... <a title="IRD issues warning over employers failing to pass on tax deductions" class="read-more" href="https://eveningreport.nz/2026/03/16/ird-issues-warning-over-employers-failing-to-pass-on-tax-deductions/" aria-label="Read more about IRD issues warning over employers failing to pass on tax deductions">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand The Commerce Commission has passed on its recommendation to the Minister for Media and Communications for consideration. boscorelli Rules keeping a lid on the cost of calls and text messages between mobile providers’ networks could soon be scrapped. Regulation introduced in 2010 sought to control what telcos could charge one another ... <a title="Layer of regulation on telcos believed to have ‘done the job’ and could be lifted" class="read-more" href="https://eveningreport.nz/2026/03/16/layer-of-regulation-on-telcos-believed-to-have-done-the-job-and-could-be-lifted/" aria-label="Read more about Layer of regulation on telcos believed to have ‘done the job’ and could be lifted">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand Infometrics said the increase in prices between January and February was the sharpest in two-and-a-half years. Unsplash/ Jakub Żerdzicki ‘Patient’ house buyers and sellers are prepared to negotiate or wait for the right price for their properties, the Real Estate Institute says. The institute’s February data shows national median sale prices ... <a title="Buyers and sellers ‘patient’ as house prices lift, REINZ says" class="read-more" href="https://eveningreport.nz/2026/03/16/buyers-and-sellers-patient-as-house-prices-lift-reinz-says/" aria-label="Read more about Buyers and sellers ‘patient’ as house prices lift, REINZ says">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand Winston Peters. RNZ / Samuel Rillstone New Zealand First leader Winston Peters has weighed in on the resignation of the Fonterra CEO, saying his departure was expected after the sale of “iconic Kiwi dairy brands” to a foreign owned company. “CEO Miles Hurrell has resigned and will leave once his bonuses ... <a title="Winston Peters slams departing Fonterra boss Miles Hurrell" class="read-more" href="https://eveningreport.nz/2026/03/16/winston-peters-slams-departing-fonterra-boss-miles-hurrell/" aria-label="Read more about Winston Peters slams departing Fonterra boss Miles Hurrell">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand New Infometric’s data shows supplier costs rose 2.3 percent in February compared with a year ago. 123rf Shoppers are being told to brace themselves for higher prices at the checkout as the conflict in the Middle East drives up the cost of freight and fuel. New Infometric’s data shows supplier costs ... <a title="Shoppers warned to brace for higher grocery prices" class="read-more" href="https://eveningreport.nz/2026/03/16/shoppers-warned-to-brace-for-higher-grocery-prices/" aria-label="Read more about Shoppers warned to brace for higher grocery prices">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand Gift cards commonly expire after 12 months, leaving shoppers out of pocket. Andrey Popov / 123RF Retailers want changes to new gift card expiry rules, saying certain aspects will cause compliance headaches and put debt pressure on businesses. From Monday, all gift cards sold or given out with a purchase will ... <a title="New gift card rules a headache for small businesses – Retail NZ" class="read-more" href="https://eveningreport.nz/2026/03/16/new-gift-card-rules-a-headache-for-small-businesses-retail-nz/" aria-label="Read more about New gift card rules a headache for small businesses – Retail NZ">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand Petrol has tipped over the $3 a litre mark in some areas. RNZ / Dan Cook The CEO of one of New Zealand’s largest independent fuel suppliers says there is no need for people to panic-buy fuel as motorists worry about rising prices. Petrol stations across the country are seeing a ... <a title="‘No need to panic’, fuel supplier says" class="read-more" href="https://eveningreport.nz/2026/03/16/no-need-to-panic-fuel-supplier-says/" aria-label="Read more about ‘No need to panic’, fuel supplier says">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand The government introduced a traffic light system in 2024 and expanded it last year. RNZ / Quin Tauetau Just 21 people have received non-financial benefit sanctions since the new traffic light scheme took effect. That is despite the government at the time describing them as a “very fair and reasonable” way ... <a title="Just 21 of tens of thousands of benefit sanctions have been non-financial" class="read-more" href="https://eveningreport.nz/2026/03/16/just-21-of-tens-of-thousands-of-benefit-sanctions-have-been-non-financial/" aria-label="Read more about Just 21 of tens of thousands of benefit sanctions have been non-financial">Read more</a>
CoveragePost
March 16, 2026
Source: Radio New Zealand MONDAY The proposed change would allow the commissioner of Inland Revenue to set the rate. RNZ The government is making changes that could mean Inland Revenue is able to change its use-of-money interest rates more quickly. The change is included in the Taxation (Annual Rates for 2025-26, Compliance Simplification, and Remedial ... <a title="Law change could let IRD change its interest rates more quickly" class="read-more" href="https://eveningreport.nz/2026/03/16/law-change-could-let-ird-change-its-interest-rates-more-quickly/" aria-label="Read more about Law change could let IRD change its interest rates more quickly">Read more</a>
CoveragePost
March 15, 2026
Source: Radio New Zealand Signage at a Gull station in Auckland. RNZ/Pretoria Gordon Several Gull petrol stations have run dry for the second time in three days, as motorists worry about rising prices and supplies. Petrol (91) has tipped over the $3 a litre mark in some areas because of the conflict in the Middle ... <a title="Gull stations run out of fuel as petrol hits the $3 a litre mark" class="read-more" href="https://eveningreport.nz/2026/03/15/gull-stations-run-out-of-fuel-as-petrol-hits-the-3-a-litre-mark/" aria-label="Read more about Gull stations run out of fuel as petrol hits the $3 a litre mark">Read more</a>
