Source: Woolworths NZ
Energy – WEL Networks Demonstrates the Future of Smart Grid Innovation with Waihi BESS Energy Hub
Source: WEL Networks
Climate – New research to understand the impact of marine heatwaves on fisheries
Source: Earth Sciences New Zealand
Electronic card transactions: September 2025 – Stats NZ information release
Transport – North Island talent take home prestigious awards
Source: Ia Ara Aotearoa Transporting New Zealand
Finance – Too many first home buyers are missing out on entering the market – FAMNZ
The Finance and Mortgage Advisers Association of New Zealand (FAMNZ) says while data from the New Zealand Banking Association (NZBA) showed that first-time buyers accounted for a quarter of all new home loans in the first half of this year, it should have been higher.
FAMNZ managing director Peter White AM said with falling interest rates and lower house prices, this is the best time to enter the property market.
However he said too many younger people falsely believe they can’t qualify for a home loan, and others give up after being refused a loan by a major bank.
“There are far too many naysayers who preach doom and gloom and they are in fact destroying dreams,” Mr White said.
“Mortgage advisers deal with consumers every week who don’t believe they can qualify for a loan or refinance, only to find they can,” he said.
“They just haven’t received the right advice.”
He said consumers should remember that banks can only offer their own products and each has different lending criteria, “so if you are rejected by a bank, it’s not necessarily the end of the road and it doesn’t always mean you can’t afford it.”
His advice to first home buyers – even before they apply for a loan – is to reach out to a mortgage adviser and learn about the process and the options available.
“Everyone is in a different place in life, and each borrower has different needs.
“If you walk into a bank branch and they can’t help you because their product isn’t suitable, they aren’t going to send you to the lender down the road even if they know that lender can help you.
“Whereas a mortgage adviser has so many options like second-tier banks and non-bank lenders, and is obligated to help you find the product most suitable to your specific needs.”
Mr White said these are the reasons more Kiwis are turning to mortgage advisers than ever before.
“It is frustrating for many who are paying rent when they realise they could pay the same or less for a mortgage, yet they think they can’t qualify.
“Of course not everyone can, but it’s worth exploring options.”
Science funding change raises fresh concerns about jobs and research independence – PSA
Source: PSA
Local Elections – Rural voices lead the way in council elections
Sport – Brodie Kane returns to Wānaka to inspire women into endurance sport
Media personality and multisport athlete Brodie Kane will return to the Gallagher Insurance Challenge Wānaka Half in February 2026, joining Olympic gold medallist Emma Twigg and fitness trainer Caroline Patterson in the team event.
Kane will swim the 1.9km leg of the iconic middle-distance triathlon, with Twigg taking on the 90km bike and Patterson, described by her team mates as a “demon in running shoes”, will do the 21.1km run. With all three having busy lives outside of sport, Kane says their team reflects the spirit of the event; strong, supportive and inspiring.
“I’ve had a huge year of racing, so this time I need the moral support and fun of being in a team,” says Kane. “And the event was so much fun last time I did it – such great vibes – I couldn’t say no.”
Challenge Wānaka is calling on more women to enter the 2026 event, with a focus on growing female participation through its partnership with Kane, who believes women often underestimate their strength and hopes her involvement will help others take the leap.
“Women are classic overthinkers, we catastrophise and doubt ourselves all the time,” she says. “But the joy it brings me when I see women overcome those thoughts is absolutely priceless. You will never regret giving something like this a go.”
Challenge Wānaka Event Director Jane Sharman says Kane’s involvement is a huge boost for the event and its wider mission.
“Brodie brings energy, authenticity and a real passion for empowering women,” says Sharman. “She’s relatable, she’s inspiring, and she’s not afraid to talk about the tough stuff – from body confidence to imposter syndrome. We’re thrilled to have her on board.”
“Women are often juggling so much – careers, kids, commitments – and that can make training for an event feel overwhelming. Taking on Challenge Wānaka as a team not only makes the event more achievable, but also brings an extra element of fun to the experience.”
Held along the shores of Lake Wānaka and surrounding river tracks and trails, Challenge Wānaka is often described as New Zealand’s ultimate destination race, combining world-class racing with the beauty of the lakeside town.
“It’s genuinely an event for everyone,” says Kane. “You get to start on the same start line as elite athletes and share the course with people from all walks of life. And also, Wānaka! It’s ridiculously beautiful – the whole weekend will be epic.”
Kane is also encouraging others to seize the opportunity to enter Challenge Wānaka and begin planning an unforgettable summer race weekend in one of New Zealand’s most spectacular destinations. With event registrations now open, there is also the opportunity to win a Challenge Wānaka weekend experience through the ‘Ultimate Wānaka Race Weekend’ giveaway, which includes race entry, accommodation for two and a range of Wānaka experiences to make the most of your “race-cation.”
The Gallagher Insurance Challenge Wānaka Half and Garth Barfoot Aquabike take place on Saturday, February 21, 2026, with the junior, intermediate, and senior schools events taking place on Thursday, February 19, and Friday, February 20. The triathlon includes a 1.9km swim in Lake Wānaka, a 90km bike ride and a 21.1km run with entries open to Individuals and teams.
Entry to the Ultimate Wānaka Race Weekend Giveaway is now open, here. Entries close November 15.
https://challenge-wanaka.com/enter-giveaway/
About Gallagher Insurance Challenge Wānaka
The Gallagher Insurance Challenge Wānaka is one of the world’s most scenic triathlon festivals, held annually in New Zealand’s stunning Southern Lakes region. Featuring a range of events including the flagship middle-distance triathlon, multisport races, and AquaBike, the festival welcomes athletes of all levels. Operated by the Challenge Wānaka Sports Trust, a charitable organisation committed to community wellbeing, the event supports youth, adaptive athletes, and local charities through inclusive sport and recreation initiatives. In 2026, the Challenge Wānaka Festival event will mark its 20th year, taking place from February 19 – February 21. Registrations at www.challenge-wanaka.com.
Economy – NZ Reserve Bank to ease LVR restrictions
14 October 2025 – The Reserve Bank of New Zealand intends to ease mortgage loan-to-value ratio (LVR) restrictions from 1 December 2025.
“Over the past year, we have reviewed our approach to setting LVR restrictions,” explains Acting Assistant Governor Financial Stability, Angus McGregor.
“We concluded that the introduction of debt-to-income (DTI) restrictions last year means LVR settings can be less restrictive on average. This includes looser default settings that we expect will be in place most of the time, except for when risks are particularly elevated,” Mr McGregor said.
DTI restrictions help to underpin borrower resilience by acting as a guardrail for risky lending. They can help contain the severity and consequences of housing market corrections.
“Easier LVR settings will give banks more flexibility to lend, improving market efficiency and access to credit, particularly for first home buyers.
Now is an appropriate time to move to the new default settings. House prices are within our range of sustainable estimates. Growth in mortgage lending remains moderate and the share of high-risk lending is low,” said Mr McGregor.
LVR settings will ease with effect from 1 December:
For owner occupiers, the limit on the share of new lending allowed with an LVR above 80% will increase to 25% (up from 20%).
For investors, the limit on the share of new lending allowed with an LVR above 70% will increase to 10% (up from 5%).
RBNZ will consult with banks on changes to their Conditions of Registration over the next two weeks.
“We have also reviewed our DTI restrictions and decided to keep settings unchanged. They remain calibrated to limit high-risk lending in housing upswings and periods of low interest rates, without the need for adjustment,” said Mr McGregor.
Responsibility for reviewing LVR and DTI settings will sit with the new Financial Policy Committee from next year. The Committee will review settings at least annually and can adjust if risks become elevated.
More information:
Our approach to macroprudential policy through the cycle – Reserve Bank of New Zealand – Te Pūtea Matua: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=0d186b542d&e=f3c68946f8
Reserve Bank establishes new Financial Policy Committee: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=041b69fc59&e=f3c68946f8

