Transmission network already threatened by climate hazards, data shows

Source: Radio New Zealand

RNZ

Thousands of high-voltage pylons and other national grid sites are exposed to flooding, along with hundreds of kilometres of transmission lines, data provided to RNZ shows.

Network owners say increasingly frequent severe weather driven by climate change is heightening the flooding risk to distribution infrastructure too, along with damage caused by high winds and treefall.

Transpower is already pursuing plans to raise the height of some transmission sites, or even move them, while lines companies are pushing for increased powers to deal with ‘out of zone’ trees they currently cannot trim.

But together with sustainable energy advocates, they say having more distributed energy sources, such as solar panels and batteries, could also help to keep the lights on during weather emergencies.

Hundreds of people in the lower North Island went all of last week without power, after a storm brought down hundreds of lines in Wellington, the Wairarapa and Whanganui-Rangitīkei areas.

That followed prolonged power outages in Southland and Otago after a severe storm in late October.

Clutha Valley farmer Richard Hunter was among those affected, after the storm brought hundreds of trees down across his property, including onto power lines.

Hunter said the clean-up had been lengthy and expensive.

“We’ve employed an extra person to help with fencing, we’ve had a digger come through to lift a lot of trees off fences and clear fencelines, and that work’s still ongoing.”

Since the storm, he has increased generator capacity on the farm and would “possibly” be better prepared for another long outage.

“But you just don’t know how widespread the next event might be.”

Clutha Valley farmer Richard Hunter says the clean-up on his property is still going, four months after a damaging storm. RNZ/Calvin Samuel

Data published by Earth Sciences New Zealand (ESNZ) last year showed that 46 transmission sites such as substations are exposed to a flood hazard – more than 20 percent of the 216 sites around the country.

Additional data, released exclusively to RNZ, shows that more than 3800 pylons, towers, and other national grid structures are also exposed (10 percent), along with 1235km of the country’s transmission lines (11 percent).

The proportion of transmission infrastructure exposed is projected to rise with every additional degree of warming.

Some regions are more vulnerable than others.

The largest number of affected transmission sites and structures are in Canterbury, while the proportion of both lines and structures exposed in Bay of Plenty is among the highest of any region.

Of the 470km of lines in Bay of Plenty, 16.8 percent are exposed, while 17.5 percent of the region’s more than 1800 structures are at risk.

ESNZ principal scientist Emily Lane said the exposure was high, even before taking the effects of future warming into account.

“We’ve got quite a lot of our infrastructure in these vulnerable areas.”

Just because an asset was exposed to flooding did not mean it would fail, though.

“Oftentimes there will be a flood and the power poles might be just sticking out of the water and that’s actually not a problem,” Lane said.

“But if you’ve got high velocity [water] you might get scour. If you’ve got debris, the debris might pile up against the pylon and that could increase the scour or increase the loading on it and that’s when you start getting problems.”

A damaged power pole in the Waiau River, Southland after a severe storm over Labour Weekend 2025. MainPower

There were also indirect threats.

“If a structure gets damaged by another hazard and that’s in a flood-affected area, you can’t get to it because of the flooding – you can get these cascading impacts.”

The modelling was unable to take into account any mitigation or other protective features, such as elevated floor heights at substations, she said.

“What our hope is, is that Transpower is using this and going, ok, these are the places we need to check out.

“It might be that they go, we actually already knew about this and we’ve built the floor height to this level and so we’re comfortable that that’s ok.”

Building a more resilient network

Transpower’s strategy, performance and risk manager Julian Morton said climate resilience had been part of Transpower’s asset management approach for more than a decade.

The transmission network ran through “some pretty rugged country” and flooding, land stability and access were all risks.

“We know climate change is increasing the threat to some of our sites,” he said.

The state-owned enterprise had a list of 12 substations that were high-priority for being adapted or moved to better protect them from future flooding.

First off the blocks would be Redclyffe substation in Hawke’s Bay, which failed during Cyclone Gabrielle when it was flooded.

The Commerce Commission granted approval late last year for Transpower to go ahead with plans to redevelop the substation on the existing site, but with raised floor heights to keep it above future floodwaters.

Transpower considered, but rejected, a plan to move the entire substation to higher ground, at an estimated cost of $280 million.

The approved plan is expected to cost $44m.

Redclyffe substation was left caked in silt after being flooded during Cyclone Gabrielle RNZ/Lauren Crimp

Other locations might require more drastic measures as time went by, Morton said.

“We’re looking at … what are our future options at those sites like South Dunedin where we know that we’re going to run out of runway where just elevating may not tick the box.”

The ESNZ data, produced as part of a wider project to map inland flooding risk across the country, only included national grid infrastructure.

It did not take into account local distribution networks.

However, Electricity Networks Aotearoa (ENA) chief executive Tracey Kai, whose organisation represents the 29 lines companies in New Zealand, said climate change was starting to test them too.

“We build infrastructure for 100-year events, but those 100-year events are not only happening more frequently, but they’re more severe than when we forecasted them initially,” Kai said.

After Cyclone Gabrielle, her organisation analysed the causes of local network outages to 240,000 people and found a fairly even split between tree damage, older infrastructure failing, and flooding.

Cyclone Gabrielle cut power to about 240,000 people. RNZ/ Alexa Cook

A “bugbear” for ENA’s members was not being able to manage trees that were outside minimum clearance zones but still posed a threat to lines, Kai said.

Legislation had been drafted that would restrict new planting around lines, and that would help, she said.

However, lines companies were pushing for further changes that would shift the onus of trimming and managing trees onto commercial and public owners of trees, such as forestry companies and councils.

“Network companies are fine looking after what we call mum and dad trees, so trees outside my house, outside your house,” Kai said.

“But those that derive a return from that tree planting should be bearing that cost really.”

The role of ‘distributed energy’

Sustainable Energy Aotearoa innovation pathways manager Gareth Williams said frequent severe weather events were showing up “just how vulnerable the networks are”.

Improving the resilience of that infrastructure where possible was important, but some of the options were “horrendously expensive”, he said.

“There are definitely fixes, but at what cost?”

The country should also be rolling out distributed energy, where generation and storage happened locally through technologies like solar panels, batteries, and electric vehicles.

That could play “a critical role” in making households and communities more resilient, he said.

“If there’s an upstream [outage] and there’s enough solar and batteries, essentially you can create the network as a whole series of little microgrids so each microgrid can operate independently.”

It was unlikely to provide enough electricity for people to run their power as usual, but it would keep the essentials going, Williams said.

“You could have a microgrid providing a basic electricity supply for lights, televisions, refrigeration, phone-charging, internet – for quite an extended period.”

Tracey Kai said as more renewables were rolled out, it made sense to have “everything, everywhere, all at once”.

“If you have distributed energy, whether it’s your electric vehicle or solar or batteries, if you can afford the upfront cost of those things, not only will it bring your power bill down in the long run, but also it provides resilience.”

Kaitaia College in Northland is among a number of schools around New Zealand that have already instlled solar panels. Photo / Supplied

She would go “one step further” than just individual installations.

“Solar on marae, solar on schools, they’re all options because it means that it’s not just a household that benefits or a neighborhood, it means that anyone who’s affected, they can kind of stand that up as a place of refuge and safety while services are being restored.”

Six reviews since Cyclone Gabrielle had talked about the importance of community hubs, Kai said.

“That is something that would make a real difference.”

A resilient network would still be needed, though.

“You will still need supply from the grid. And if you are exporting back in and selling your excess power, you’re still going to need a network to transport your electrons on.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

‘Good sleep’ is new flex for 2026

Source: Radio New Zealand

Brian Sciascia is all about measuring progress. As the owner of a Wellington gym, his days are spent encouraging people to keep tabs on their health and fitness choices. As the dad of a seven-year-old and a 10-month-old, his nights are all about sleep, or rather how much of it he’s getting.

“A good night’s sleep doesn’t have to be hours. It has to be uninterrupted. Ideally a good sleep for me would be like a steady, not much interruption, for like seven-and-a-half hours.”

“Numbers orientated” Sciascia, 42, was gifted an Apple watch from his partner for his 40th birthday. He has always “sucked at sleeping” and sleep is the only thing he tracks daily on the device. It shows him nightly interruptions, and the “frustrating” fact that his partner falls asleep faster than him.

Brian Sciascia and his sons.

Supplied

“When I see something’s working and I have proof of it, then it makes me happy. But also .. it does maybe drive up the anxiety a little bit, thinking, ‘f…, I only had three hours last night and seeing that, seeing the facts of it’.”

Ten years ago successful people used to boast about how little sleep they needed to do a good job. “The sleepless elite” , which included CEOs, politicians and historial figures, claimed to get by on just a few hours’ shut eye a night.

Now, the pendulum has swung the other way and it’s a flex to get good sleep.

“In the last couple of decades, there was almost like this bragging thing of having little sleep,” says academic Matt Driller.

“But I think it’s now swinging the other way where it’s like, actually, that’s not sustainable. For starters, that probably doesn’t even happen. It’s probably a lie.”

Prof Matt Driller, from the School of Allied Health, Human Services and Sport at La Trobe University.

Supplied

New Zealand-born Driller is a sports physiologist at Victoria’s La Trobe University. Fifteen years ago he started researching recovery in athletes at the Australian Institute of Sport. He swiftly realised things like compression suits and cold water immersion were a blip on the recovery radar compared to “the big rock of recovery, which is sleep”.

While his focus has been on sportspeople, he says the same outcomes apply to regular folks.

“The best way to think about it is that … if we’re sleeping poorly it affects, almost every cell and process of our body so that becomes all kind of impaired.”

Auckland based hospital shift-worker, Kelly describes the effect of a poor night’s sleep as “walking through the fog”.

The 33-year-old exercises at a BFT gym most days around her unpredictable hours. She has worn an Apple watch for a year now and is adamant it inspires her to get a good sleep.

“I froth getting a good sleep score,” she says.

Kelly craves a good sleep score.

Supplied

“My goal is eight hours so my watch tells me off if I go to bed too late or wake up too many times.

“I don’t know if it’s psychological or not – but when I know I’ve had a bad sleep I feel trash. So then when I get close to my eight hours, I usually feel pretty good.”

The mum of two young kids says “more sleep” was one of her 2026 goals and “100 percent” a focus amongst her friends and colleagues as well.

“With the gym challenges and stuff, one of the goals is – get your sleep. And one of the things that will better me is sleep.”

She says clocking her sleep makes her more aware of it, and she does try and make up for a bad night (which can be tricky in shift work) by taking medication or sipping sleep tonics or teas.

The more research that is done in the area, the trendier it becomes to get good shut eye.

Popular exercise physiologist Stacy Sims says the importance of sleep has been picking up pace – and people are certainly talking about it in the way we have previously clocked things like 10,000 steps or drinking two litres of water a day.

Dr Stacy Sims

Dr Stacy Sims

She says emerging research in how sleep affects brain health has fed the trend.

“It’s now the badge of honour, the most amount of sleep and quality sleep.”

Both Driller and Sims say the rise in wearables like smart watches and rings has boosted desire for a “good night’s sleep”.

But Driller reminds these are just estimates (for now) as they don’t measure actual brain wave activity that shows deep sleep, light sleep or REM.

What’s all the fuss about sleep?

Sleep, Driller explains, is linked to tissue repair. For active people, that means muscle repair. For the general population, that means supporting immune function (you’re more likely to get sick if you aren’t sleeping well).

Sleep also affects our ability to learn and remember things. Not getting enough sleep means hormonal signalling gets out of whack, which can mess with stress hormones and cause a spike in the hunger hormone, ghrelin.

“So, the next day you’re more likely to be hungrier but also crave more energy-dense foods, so you’re probably more likely to overeat the next day if you haven’t been sleeping well,” says Driller.

Sims says the brain can’t “clean” overnight without good sleep. Instead, it will get that done in microdoses over the course of the day, which leads to fluctuations in energy, concentration and blood sugar.

A good night’s sleep starts early in the day, say experts.

Getty Images / Unsplash

So how do I get a good night’s sleep?

Adults should aim for between seven and nine hours sleep, but that varies between individuals. (To figure out what works, consider how much sleep you need at night to wake up feeling fully refreshed, recovered and ready to go. That should get you close to your optimal hours, Driller says).

Sleep starts before you get into bed, Sims says.

She says we need to put more thought into getting into a parasympathetic state (that’s a place where you can rest and recover) during the day.

“Figure out when you’re exercising and if you have a hard time sleeping then maybe you want to do some high intensity exercise in the late afternoon to draw your core temperature up. Because then when it drops again it signalling to your body, ‘hey, I’m preparing for sleep’.

“Or we look at, you know, having dinner at no later than 7pm so that you have that time to digest.”

Routine

Going to bed and waking up at the same time everyday builds a strong circadian rhythm, explains Driller. “I’m sort of talking like probably give or take 30 minutes. So if you usually go to bed at 10 at night try to go between 9.30 and 10.30 as a good place to start … If you can anchor your wake time to be even tighter, that helps.”

Light

When you wake up, get hit with bright, natural light within an hour to get the body going. “Sleep actually starts in the morning,” Driller says. “Go outside for a coffee or walk your dog or whatever, even if it’s an overcast day, the light exposure is gonna be a better signal to your brain about ‘hey, it’s morning time. Wake up, get moving.’ And that sort of starts this thing called ‘sleep drive’, which then builds throughout the day. And then the sleep drive gets so great that you need to fall asleep.”

Wind down

Men and women have different circadian rhythms, explains Sims. A woman will start to have her melatonin rise around 9pm and peak around 3am, and then it starts to drop off. For men, it’s about an hour later.

That means women need to get to bed before that first spike in melatonin. “You don’t wanna have dinner at 7 or 8pm because then you’re still digesting and it offshoots that melatonin peak… it’s about what are we doing in the afternoon to prepare our bodies to work with its natural rhythms for melatonin release for parasympathetic activation.”

Making up for a bad night

If it all sounds a little complicated – if you get the occasional night of crappy sleep – don’t lose sleep over it.

“If you get one bad night’s sleep here and there, which we all do, it will be ok, we can cope,” Sims says.

To try and undo the damage of a bad night, she suggests eating stacks of fibrous fruit and veg (like leafy greens, apples, pears and berries) and protein throughout the day.

Even if you can’t be bothered, try and do some easy movement. “Do incidental movement – parking further away from your office or making sure you get up from your desk. All those kinds of things. Just so you’re moving, cause that’s how we’re able to clear our blood sugar, muscle movement is a big sync for blood glucose.”

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

Truckers surprised by update of NZ’s 50-year-old manual on bridge building

Source: Radio New Zealand

Close up of a truck wheel. siwakorn / 123RF

Truckers are worried that they will not be allowed to drive over bridges being built on the government’s Roads of National Significance.

Two bridges built recently on State Highway 1 in Auckland and a third in Waikato are off limits to the heaviest haulers.

They are also concerned by the way NZTA Waka Kotahi is overhauling the country’s half-century-old bridge design model.

Heavy Haulage Association Jonathan Bhana-Thomson says his members’ huge trucks transported the massive beams that hold up the three highway bridges built near Hamilton, Puhoi and Matamata in the past three or four years – but they did not realise they would never even get to drive over the bridges.

“The beams on the Waikato Expressway and the Puhoi, so all those would have been constructed somewhere else and then transported there by members of our association, of our industry, that now can’t get the heaviest loads over them,” said Bhana-Thomson.

“For them to be limited for, yes, they are heavier loads, but for us to have to detour off those onto essentially lower graded State Highway routes was a real surprise for us.”

Heavy Haulage Association. chief executive Jonathan Bhana-Thomson. RNZ / Phil Pennington

The bridges are:

The laden trucks instead had to detour through Hamilton city or the old SH1 at Puhoi, said Bhana-Thomson.

“So it takes a lot longer.”

The truckers asked the transport agency how this came to be, but remained none the wiser.

“They didn’t anticipate all of the vehicles that would need to go over it, including our specialized overweight ones.

“Possibly at the heart of that is… they’re relying on the bridge manual that was determined in 1972 and the vehicles that were around at that time.”

That bridge manual sets the rules around the models of bridge design and how to assess how to build stronger to last longer, or to determine what is too weak.

Bhana-Thomson only found out from talking to RNZ last week about NZTA’s latest design moves – when it issued in January some new ways to calculate loads – and did not like what he read in NZTA’s notes and statement.

Transport NZ head Dom Kalasih was also surprised to learn of the January change from RNZ, and it suggested to him that NZTA might not have taken on board his industry group’s years of campaigning for a more thought-through system of better, stronger highways overall.

“If you go and put a bridge in a place where that is the constraint, that’s the choke point,” Kalasih said.

“If a truck can’t bypass that bridge relatively easily, right, then it’s got to take an alternative route for that journey.”

Transporting NZ represents the next heaviest lot of truckers, High Productivity Motor Vehicles (HPMV trucks) with specific permits that boost them from 44 tonnes to 58 tonnes. They number in the thousands – while perhaps only 200 heavy haulers operate on any given day – on both long-haul down-island routes and, more commonly, doing inter-region hauls of supplies like fuel and food.

Kalasih voiced fears that NZTA was going to be too conservative again, like at Puhoi and the Mangaharakeke bridge, even though the government’s RONS aims seemed to demand that productivity be put on par with durability.

The bridge debate comes just after the Infrastructure Commission put out its annual report, which said New Zealand was worse than most OECD countries at building, upgrading and managing infrastructure.

The bridge manual itself has not had a complete overhaul in half a century.

NZTA had acknowledged it had “reached its limits in terms of providing for future growth”.

“The model also has specific scenarios where the loading is known to be unconservative” – which means that some bridges did not have enough leeway for carrying big trucks.

Kalasih said trucks were bigger and better designed, and trucks with larger loads had them better spread over more axles to spread the weight, but bridge design standards had not kept pace with that reality.

The latest new calculations on bridge loading were issued in January under an NZTA overhaul project, which has been underway since 2022.

In its notes to engineers in 2022, NZTA talked about “extensive” changes being brought in to load calculations.

It also said it gave them a “far better” picture of how trucks impacted bridges, including convoys of trucks.

But the agency told RNZ that for new bridges, it meant only some “small design changes”.

“The measures being introduced are primarily an update of existing rules and regulations and are not anticipated to have a significant impact on existing bridge stock or the construction of new ones,” it said.

Kalasih said this was a real missed opportunity to futureproof bridges. “Because if it’s not going to make much difference, how is it better?”

Transporting NZ had made submissions that new bridges should be able to take maximum loads of about 62 tonnes in future. That would cost more than building to the current HPMV limit of 58 tonnes, but “the public has to pay for the infrastructure regardless. So they can either pay for it to be done unproductively or they can pay to get it done productively”.

NZTA told RNZ the new measures were “a response to changes in bridge designs (longer continuous spans) and to accommodate the heavier trucks that are now more common on New Zealand roads and highways”.

Bhana-Thomson was not reassured by that, and shared Kalasih’s fear that transport authorities were being overly conservative.

NZTA’s approach to pulling bridge design into the new century seemed to leave heavy haulers out of the picture, contrary to what they were promised months ago, he said.

“That’s what they’ve said to us. But we have no proof of it.

“It is concerning, especially because we’ve got the new roads of national significance being constructed and designed right now,” he said.

“These will be the ones we’re using for the next 50 years, so we need them to be up to standard.

“We will contact the structures people in NZTA to ensure that the roads of national significance will be modelled for our specialist overweight loads.”

If that did not work, they could go to the minister, he said.

The NZTA notes said “extensive amendments have been made to the live loading and evaluation process for determining the capacity of existing bridges”.

“The loads are more complicated than previously used but will far better replicate heavy vehicle traffic on the highway network.

“It is possible that there will be a number of bridges on the network where the capacity is found to be less than currently known and these findings will need to be managed.”

But the agency also told the industry it was not intended that large numbers of existing bridges “will suddenly need new posted weight limits”.

And it told RNZ: “For old bridges there is currently no repair or upgrade work planned or underway to address these changes.”

Bhana-Thomson pointed out it would only take one bridge on a busy truck route to be down-rated for it to potentially throw the whole route into disarray.

Kalasih also said this was an issue: “In the absence of any further information, my initial reaction is, yes, one of concern, that bridges will be downrated.

“That’s certainly a risk.”

The transport agency emphasised to RNZ in its statement that it had a programme of routine maintenance, inspection, strengthening and replacement that gave it a good picture of the state of all bridges, with safety its number one priority.

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Fatal crash, SH4, Erua

Source: New Zealand Police

One person has died after a three-vehicle crash on SH4, Erua, Ruapehu, late last night.

Emergency services were called to the scene about 11.10pm.

One person died at the scene.

Another person sustained critical injuries, and four others received minor injuries.

The Serious Crash Unit has examined the scene, and enquiries into the circumstances of the crash are ongoing.

ENDS

Issued by Police Media Centre

Fatal crash – State Highway 1, Taihape

Source: New Zealand Police

One person has died in a crash on State Highway 1, Taihape, to the north of Spooners Hill yesterday morning.

Police were advised at 7.25am that a car had gone off the road and into Hautapu River.

On arrival, the car was located submerged in the river, with significant damage from the crash.

The car was able to be removed from the river yesterday afternoon and Police have since confirmed the deceased driver was the sole occupant.

Our thoughts are with their family and loved ones.

Enquiries into the circumstances of the crash are under way.

ENDS 

Issued by Police Media Centre

Iran attack sparks warning for KiwiSaver, fuel, inflation

Source: Radio New Zealand

Investors can brace for share market volatility and potentially higher fuel prices. RNZ / Dan Cook

Investors can brace for volatility over the coming days as markets digest the impact and implications of attacks on Iran, as well as potentially higher fuel prices.

“We’re expecting when markets open on Monday there is going to be a bit of volatility,” Infometrics chief executive Brad Olsen said.

“Usually you see stocks drop so I wouldn’t be surprised if people were looking at some of the investments they mighty have – their KiwiSaver balances… you might see a bit of red ink coming through there.”

He said investors would be wondering what could happen next. “The world is more frightening than it was a couple of days ago. You’re going to see a shift towards less risky assets, that run for safety around gold, probably the Japanese yen, maybe the US dollar.”

Defence stocks could lift.

“The US has just used for the first time one-way effective suicide drones, that’s a piece of kit they hadn’t used before.”

On the domestic market, he said there was not likely to be much impact on individual stocks on the NZ market. “It’s more that you might see a pullback in general on the NZX50.”

Dean Anderson, founder of Kernel, said the key question for markets was what happened next. “We are in the very early stages of this conflict and as is often the case, speculation and incomplete information are driving much of the narrative. Not surprisingly, investors should expect heightened volatility as global markets work through the noise and asses the direction of travel. I expect we will see gold jump.”

Rupert Carlyon, founder of Koura said he was concerned markets would react “strongly”.

“It also doesn’t help that markets are already fearful and volatile. Investors have been nervous for the past 3-6 months due to AI, interest rates and inflation – now they have something real and tangible, thy may react strongly.”

Fuel prices

Olsen said another consideration was fuel prices.

“There’s a pretty strong view that oil prices will spike and show a bit more volatility – although we’ve said that every time there’s been conflict, and it didn’t really happen last time.”

But he said this time could be different for a few reasons. “You’ve seen the head of Iran killed alongside a number of other political and military leaders. It’s very unclear what further retaliation by Iran might look like. Might they strike oil-based facilities? Quite possibly. No one knows what the rule book is now.

“You’ve seen parts of Bahrain, Kuwait struck as well. Normally those actors are not part of it, they haven’t been in the past… those quite well-off countries that are often talking about stability, they’ve driven a lot of their economies through oil and general energy funds. They’re not as safe as they might have originally thought. The fear factor will be running rampant a bit more in the markets heading through tomorrow.”

Insurance rates for travel through the Strait of Hormuz were elevated. “No one really wants to go through and risk their cargo ship or oil tanker being blown up. Given that 20 percent of the world’s energy goes through there, there’s definitely a risk at that point.”

Olsen said some market traders were predicting oil prices could hit US$100 a barrel.

“The two big unknowns at the moment are that one, this isn’t done. The US has made it clear in comments form the US president that this is a week-long bombing mission that will continue.

“With the Iranian supreme leader dead and no clear understanding of command and control in Iran, who’s calling the shots and what they might be wanting to do, everyone’s quite unsure of whether there is further escalation and retaliation.”

Mike Taylor, founder of Pie Funds, said oil prices were his main concern.

“The new conflict raises three potential transmission channels: Energy supply disruption, shipping and insurance risk in the Gulf and Strait of Hormuz, and a broader risk-off sentiment through oil and inflation expectations.”

He said historically markets would either behave as they did in the 2003 Iraq conflict when prices spiked briefly but supply and shipping continued, and markets recovered quickly – or the 1990 gulf crisis when oil prices rose persistently and shipping was disrupted. That created more market disruption.

“At present we are too early to know which template will dominate.”

He said he would also be watching credit spread behaviour and whether there was any further escalation in the conflict.

What about inflation?

Olsen pointed to the recent Reserve Bank statement which noted geopolitical risk as a factor in tradeable inflation.

“You’ve already got inflation outside the target band. Expectations were that inflationary pressures would continue to soften. If you see a spike and generally higher pressure on oil prices continuing because of this ongoing conflict, that not only raises the cost to households to drive around but it means the cost of transporting everything becomes more expensive which could put further pressure on foods. We’re just a little cautious on the inflationary risk that there might be if oil prices did spike and hold higher. At the moment all of this is a huge if.”

Anderson said the Strait of Hormuz was a critical route particularly for India and China. “Any meaningful disruption to supply could send oil prices higher an din turn more inflation. That said, there are contingency mechanisms and alternative supply responses that could help cushion the impact. Their effectiveness all depends on the duration and scale of the conflict.”

What should investors do?

Olsen said day traders might see an impact on their investments but other people would need to take a longer view.

People should generally be invested in a fund that fits their risk profile, so if they need their money soon, they should not be in a fund that moves a huge amount with market movements.

“Put it this way, I won’t be looking at my KiwiSaver this week,” Olsen said.

Anderson said it was too early to be drawing conclusions. “It’s best to remain informed and for investors to avoid making decisions based on early speculation and noise. Regardless of the political outcome, even a contained conflict is likely to mean an extended period of strain for the region and its people.”

Carlyon said there were reasons for KiwiSaver investors to be excited. “A market downturn makes a great buying opportunity.”

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Live: Israel says its airforce strikes Iran again, Iran continues to retaliate

Source: Radio New Zealand

Residents watch from the roofs of their houses as plumes of smoke rise following reported explosions in Tehran AFP / ATTA KENARE

Follow the latest with our live blog above

Israel has begun a fresh wave of strikes on Iran, targetting the Iranian leadership, its air defences and its ballistic missile capabilities.

Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in the attacks on Saturday, which US President Donald Trump said were aimed at overturning Tehran’s government.

The strikes have killed hundreds of people in Iran, according to Iranian state media.

Iran has launched retaliatory missile strikes against American military bases across the Middle East, as well as Israel.

New Zealanders in Dubai say they are trapped in the country, with the airport shut down.

Follow the latest with our live blog at the top of the page

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

Golf: Kiwi Daniel Hillier wins 105th New Zealand Open

Source: Radio New Zealand

Daniel Hillier celebrates his win at the New Zealand Open. Chris Symes / www.photosport.nz

Kiwi golfer Daniel Hillier has won the NZ Open for the first time, finishing two shots clear of Australian Lucas Herbert.

The 27-year-old Wellingtonian handled gusty and cool conditions at Arrowtown’s Millbrook Resort, near Queenstown, to secure the title.

Hillier sets up for a putt at the Millbrook Resort. www.photosport.nz

Hillier led by one shot heading into Sunday’s final round, finishing at 22-under par for the tournament.

He takes home prize money of NZ$360,000 and becomes the first New Zealander since Michael Hendry in 2017 to lift the silverware.

Hillier said winning the New Zealand Open capped an incredible week of celebration.

“Oh, mate, that is the second best day of my life behind my wedding last week,” he told SkySport.

“It’s a lot more stressful coming down the stretch there, but this has just been the absolute best week of my life.

“To break the Kiwi drought is pretty special and to do it in front of my family, all my friends, my wife.

“I’ve been dreaming this for a long time and I knew I had the game to do it.

“It was a matter of not getting ahead of myself and I’m pretty proud.”

LIV golfer Herbert was second at 20-under. New Zealand’s Kerry Mountcastle finished in a tie for third, with Japan’s Tomoyo Ikemura, on 17-under.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

Motorsport: Kiwi Scott McLaughlin on pole for Indycar’s St Petersburg Grand Prix

Source: Radio New Zealand

Scott McLaughlin celebrates his IndyCar pole position at St Petersburg. Brian Spurlock/Icon Sportswire

Kiwi Scott McLaughlin has grabbed pole position for the IndyCar St Petersburg Grand Prix in Florida on Monday NZT.

After a horror 2025 campaign that saw him finish 10th in the standings, with no race wins and just one pole, McLaughlin was quickest around the 2.9km street circuit, clocking 1m 00.5426s to edge Swede Marcus Ericsson (1m 00.5621), who will join him on the front row for the main race.

“Raul [Prados], my new engineer, gave me a great car, but we have a lot of experience here with a great car, as well,” McLaughlin said.

“Just really pumped. Everybody knows the slog we went through last year, so to start on this note is fantastic.

“Bloody good, bloody good.”

The three-time Australian Supercars champion had shown good form throughout the weekend, finishing fastest in the first practice session (1m 01.1020s) and seventh in practice two (1m 01.7921s).

After putting his car into a wall during practice, Kiwi veteran Sir Scott Dixon (1m 01.2109s) will start 16th on the starting grid, while countryman Marcus Armstrong starts seventh, recording 1m 00.7820s in qualifying.

McLaughlin has won pole position on two previous occasions at St Petersburg, winning in 2022 and finishing fourth last year.

The 290km race begins at 6am Monday NZT.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

Iran strikes: ‘We don’t know when we can leave’ – Kiwi restaurateurs trapped in Dubai

Source: Radio New Zealand

Restaurateurs Sid and Chand Sahrawat are in Dubai on business. File photo. Babiche Martens

A prominent Auckland couple is trapped in Dubai after airspace closures and reported strikes across the city.

Restaurateurs Sid and Chand Sahrawat are in Dubai on business, and were due to fly out on Monday to begin a culinary tour in India.

Chand Sahrawat said they received a text alert just after midnight and heard explosions soon afterwards.

“We heard a couple of booms,” she said.

“And we’ve just woken up to news that the airport has been hit and the Burj Al Arab has also been hit.”

Sid Sahrawat said one hotel in the city had reportedly taken a hit earlier, which he described as “scary”.

The couple said roads were noticeably quieter after the alerts went out, with many people staying indoors as a precaution.

“It just feels very surreal and unreal,” Chand Sahrawat said.

“We’ve never been in a situation where a country has had to lock down because of a war.”

She said they had registered their details on the New Zealand government’s SafeTravel website, but had not had direct contact from officials.

It was difficult to access reliable information as English-language local news coverage was limited and they had been relying on international outlets and online reports.

All airspace across parts of the Middle East has been disrupted amid escalating regional tensions.

Chand Sahrawat said the closure of Dubai Airport was particularly worrying.

“It’s one thing to close airspace for protective reasons,” she said.

“But to actually hit the airport is scary. We don’t know when we can leave.”

The couple’s children were in New Zealand. Chand Sahrawat said explaining the situation to them had been difficult.

For now, they plan to remain where they are until flights resume, as neighbouring countries have also been affected by airspace closures.

“It just feels like a different world.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand