Five Big Things That Happened Today: Monday, September 1

A round-up of the day's main developments across New Zealand on Monday, 1 September 2025.

The Government confirmed that overseas investors holding an investor residence visa will be allowed to buy a New Zealand home valued above five million dollars. Prime Minister Christopher Luxon said the threshold applied to less than one percent of the country's housing stock, framing it as a targeted change rather than a broad reopening of the foreign buyer market.

Elsewhere, Jetstar was penalised over misleading conduct towards New Zealand customers, and fresh comparisons between wages and living costs on either side of the Tasman kept the steady outflow of New Zealanders to Australia in the headlines.

In Christchurch, the driver of an SUV involved in a widely shared near-miss with a child at an intersection came forward to police and was dealt with through the courts process.