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Finance and Mortgage Advisers Association of New Zealand managing director Peter White AM said: “Christmas has come early for New Zealand borrowers who can now head into the festive season with renewed confidence on the back of RBNZ’s interest rate decision.
“The decision provides welcome relief for borrowers, particularly new borrowers who can now get into the housing market with more attractive and affordable interest rates.
“Lower rates are also likely to have a stabilising effect on home prices, prompting renewed activity from investors.
“The decision is the shot in the arm the New Zealand economy needs and will help shore up consumer spending, which generally increases during the festive season.
“Falling interest rates bring the dream of home ownership within the reach of more borrowers, who should be preparing now to take advantage of more favourable market conditions.
“With this renewed hope, prospective borrowers should be asking a mortgage adviser to provide options to help them enter the property market.
“Mortgage advisers have access to non-bank lenders, and consider each borrower's unique situation, which they take into account to find borrowers the most suitable loan.”
Queenstown, New Zealand (27 November 2025) Electrify Queenstown has won two awards at the inaugural Bizzies – Aotearoa Business Events Awards 2025.
The 2025 Queenstown summit, delivered by Destination Queenstown, secured the Business Event Award for Legacy Impact and the Excellence in Environmental Sustainability Award, announced at a gala dinner last night, at Cordis Auckland.
With only seven category awards up for grabs, Electrify Queenstown's double-win was particularly pleasing for Mat Woods, chief executive of Destination Queenstown and Lake Wānaka Tourism.
“This is a powerful recognition for the dedicated team behind Electrify Queenstown and also the strength of the idea,” Woods says.
“We set out to create a summit that would inspire action – showing how electrification can save money, boost resilience, and meaningfully cut emissions for businesses and households alike.
“The 2025 summit was a pivotal moment, helping cement Electrify Queenstown as a nationally significant platform for change. To see it acknowledged at the inaugural Bizzies is incredibly encouraging and motivating.”
Supported by Queenstown Business Chamber of Commerce and principal sponsor Aurora Energy, Electrify Queenstown 2025 brought together industry leaders, innovators, politicians and policymakers for a three-day summit.
The Bizzies, supported by Business Events Industry Aotearoa (BEIA), celebrate excellence, innovation, and impact across seven categories covering the full spectrum of New Zealand’s business events industry, from venues and suppliers to event organisers, destinations and individuals.
More than 270 guests attended last night's black-tie awards ceremony, emceed by two of New Zealand’s leading broadcasters and journalists – Mike McRoberts and Melissa Chan-Green.
Electrify Queenstown returns in 2026 with an even bigger programme. It will take place at the Queenstown Events Centre, Sunday 17 May – Tuesday 19 May 2026.
The event supports Queenstown Lakes' destination management plan and the broader goal of regenerative tourism and a carbon-zero visitor economy by 2030.