1News
Top Stories
Latest
New Zealand
World
Sport
  • Overview
  • Rugby
  • League
  • Cricket
  • Football
  • Netball
  • Basketball
  • Other Sport
  • Golf
  • Motorsport
  • Tennis
FIFA
Life
Politics
Te Ao Māori
Re: News
Entertainment
Newsletters
ADVERTISEMENT

Economy

EVs are back in the spotlight as fuel prices soar.

EVs selling ‘off the boat’ before they even arrive in NZ

Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.

Environment

6:00am

1:30

Factory on Omahu Rd in Twyford processes more than 50,000 tonnes of vegetables annually, including peas, beans, sweetcorn, and carrots. 

McCain factory closure 'devastating' - Hastings Mayor

Hastings Mayor Wendy Schollum told Breakfast it was not just those at the plant directly impacted, but the "knock on effect" throughout the wider community.

Business

Wed, Mar 25

3:57

Major bank increases some home loan rates for second time in a week

Major bank increases some home loan rates for second time in a week

The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.

Business

Wed, Mar 25

1:31

Extra $50 a week for 143k working families as fuel prices skyrocket

Extra $50 a week for 143k working families as fuel prices skyrocket

Finance Minister Nicola Willis said from April 7, 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.

Business

Tuesday 6:35pm

Signage at the McCain vegetable processing plant in Hastings

McCain to close Hastings vegetable processing factory

The company has refused to say how many jobs are affected.

Business

Tuesday 1:49pm

2:23

EVs are back in the spotlight as fuel prices soar.

EVs selling ‘off the boat’ before they even arrive in NZ

Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.

Environment

6:00am

1:30

Factory on Omahu Rd in Twyford processes more than 50,000 tonnes of vegetables annually, including peas, beans, sweetcorn, and carrots. 

McCain factory closure 'devastating' - Hastings Mayor

Hastings Mayor Wendy Schollum told Breakfast it was not just those at the plant directly impacted, but the "knock on effect" throughout the wider community.

Business

Wed, Mar 25

3:57

Major bank increases some home loan rates for second time in a week

Major bank increases some home loan rates for second time in a week

The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.

Business

Wed, Mar 25

1:31

Extra $50 a week for 143k working families as fuel prices skyrocket

Extra $50 a week for 143k working families as fuel prices skyrocket

Finance Minister Nicola Willis said from April 7, 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.

Business

Tuesday 6:35pm

Signage at the McCain vegetable processing plant in Hastings

McCain to close Hastings vegetable processing factory

The company has refused to say how many jobs are affected.

Business

Tuesday 1:49pm

2:23

ADVERTISEMENT
New Zealand money illustration.

Fuel relief package: Who is eligible and how does it work?

The Government has announced a support package to ease the impact of increasing fuel prices - but how does it work and who is eligible?

Business

Tuesday 1:31pm

4:30

Prime Minister Christopher Luxon and Finance Minister Nicola Willis unveiled the cost-of-living relief package earlier this afternoon.

Details of Govt's fuel cost relief released - in-work tax credit boost

The temporary boost to the in-work tax credit will also expand eligibility to about 14,000 additional working families, who will receive the credit at a reduced rate.

Politics

Tuesday 1:12pm

Reserve Bank governor Anna Breman pictured in February.

Higher inflation in near term, lower growth due to Iran – RBNZ

Reserve Bank Governor Anna Breman has explained how the conflict in the Middle East will impact New Zealand's economy over the near and medium-term.

Business

Tuesday 11:12am

2:32

More major banks announce changes to mortgage rates

More major banks announce changes to mortgage rates

ASB has raised and lowered some of its home loan rates, citing "volatile" wholesale interest rates that continued to trend higher.

Business

Tuesday 9:04am

1:31

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

Government set to unveil details of fuel support package

Cabinet has signed off on what support the government will offer in the face of rising fuel costs.

Politics

Tuesday 7:51am

In an update at 1pm on Monday, the Ministry of Business, Innovation and Employment said the country had 49.9 days' stocks of petrol, 45.5 of diesel and 44.7 of jet fuel, as of late on March 18. Combined stock is 46.9 days.

Luxon signals decision on relief soon, latest fuel figures out

Prime Minister Christopher Luxon acknowledged the impact of diesel's role in the economy is key.

Business

Mon, Mar 23

Andrew Harris from Harris Contracting in Ashburton told Breakfast the pressure was being felt across the industry.

'Pretty dire': Rural contractor on fuel price surge

Andrew Harris from Harris Contracting in Ashburton told Breakfast it was the toughest economic conditions he'd ever faced in the sector.

Business

Mon, Mar 23

Nicola Willis speaks at Marsden Point.

Seven weeks' worth of fuel stocks in NZ — Finance Minister

Nicola Willis said the buffer was contingent on ships continuing to show up.

Politics

Sun, Mar 22

In some sectors, the effect of the fuel crisis is hard to predict.

How much might prices rise, and when?

Not just driving: how the fuel crisis might in turn affect the cost of your coffee, Uber eats and more.

New Zealand

Sun, Mar 22

Speaking to Breakfast, Finance Minister Nicola Willis said she was conscious of the acute cost of living pressures ahead for households in the wake of the Iran war.

Is the Govt's 'worst-case' inflation scenario not bad enough?

Finance Minister Nicola Willis might be being optimistic if she thinks inflation at 3.7% is a "worst case scenario", one economist says.

New Zealand

Sun, Mar 22

ADVERTISEMENT
Woman enjoying eating a doughnut and drinking cola

Ultra-processed foods have skyrocketed - 'govt should act'

Social and economic circumstances have increased people's reliance on cheap and convenient options, says Kelly Garton.

New Zealand

Sun, Mar 22

Finance Minister Nicola Willis.

Credit ratings agency downgrades New Zealand's outlook to 'negative'

Finance Minister Nicola Willis said it was a "reminder" of why fiscal discipline matters.

New Zealand

Sat, Mar 21

Petrol costs, KiwiSaver – in an uncertain world, focus on what you can control

Petrol costs, KiwiSaver – in an uncertain world, focus on what you can control

In times like these, finding a few areas where you can exercise some control will help both your bank balance and your mental wellbeing.

Life

Sat, Mar 21

Anna says the cost of living drove her move to Australia.

Kiwi ex-pat's plea to NZ politicians after crossing the ditch

From rising grocery bills to global uncertainty, a new TVNZ+ series captures what’s really on New Zealanders’ minds in an election year.

Politics

Sat, Mar 21

Empty gas pumps at Pak'nSave Petone on March 20, 2026.

Why New Zealand has weeks of fuel supply but still has empty pumps

A surge in demand and tightly scheduled deliveries are causing temporary outages, despite healthy national fuel supplies.

New Zealand

Fri, Mar 20

It comes as Kiwis face anxiety over fuel security as the war in the Middle East disrupts global supply lines.

NZ prepares for fuel uncertainty as it eyes prolonged Mideast conflict

Prime Minister Christopher Luxon has warned the fuel situation could get worse before it gets better.

Politics

Fri, Mar 20

National Party deputy leader and finance spokeswoman Nicola Willis.

Full video: Luxon and Wills speak to media about fuel, GDP

It comes after it was revealed New Zealand's economy grew in the final quarter of 2025.

Politics

Thu, Mar 19

Govt hails growth but Labour says 0.2% GDP rise a 'failure'

Govt hails growth but Labour says 0.2% GDP rise a 'failure'

Most industries recorded an increase in economic activity in the December quarter.

Business

Thu, Mar 19

Visitors take a photo of the NFT (non-fungible token) artwork known as 'Bored Ape Yacht Club' at the Digital Art Fair Xperience 2022 in Hong Kong, China on October 22, 2022.

What ever happened to NFTs?

It was reported that more than US$2.7 billion in NFTs was being traded at the peak of the market, it now looks like quite a different picture.

Business

Thu, Mar 19

First home buyers defy 'sluggish' housing market as sales fall again

First home buyers defy 'sluggish' housing market as sales fall again

New data released this morning showed the housing market has recorded back-to-back monthly sales declines for the first time in nearly three years.

Business

Thu, Mar 19

ADVERTISEMENT
1News logo
Explore TVNZ
  • TVNZ+
  • TVNZ 1
  • TVNZ 2
  • TVNZ DUKE
  • TV Guide
  • Live TV
1News
  • Editorial policy
  • Funding
  • Te reo Māori use
  • Comment moderation
  • Generative AI
Corporate
  • About TVNZ
  • Careers
  • Sales & Advertising
  • Blacksand
  • Licensing
More TVNZ
  • Contact Us
  • Help & FAQs
  • House Rules
  • Privacy Policy
  • The Green Room
Follow 1News
1News Apps

© TVNZ 2026