I see that Telecom now allow purchase of the iPhone 5 with their open plans.
This means that you can kind of buy the phone outright by spending $29 on the open plan and then promptly cancelling.
From what I've read on another NZ technology forum many people have been doing this today with some reporting that Telecom stores have lines at the counter with people doing exactly this.
Could be a good option for anyone desperately wanting the new phone but not wanting the 2yr contracts!
2:42 pm 19/10/12
Thanks for that little tip. :) Went into Telecom at Northlands, bought my phone, got the Open Smartphone plan ($29 which my son will use with the normal size sim got), and went and got my free nano-sim from Vodafone. So, I'm a happy camper.
8:12 am 20/10/12
It appears the the iPhone 5 is available for outright purchase now at certain retailers. My local Dick Smith had plenty of stock (except black 64gig version) when I visited Westfield Riccarton (Christchurch) last evening!