Barry, who worked in several reporting and presenting positions for rival broadcaster MediaWorks for 23 years before joining TVNZ in August 2016, currently co-hosts Breakfast with 1 News' former US correspondent Jack Tame, while Dallow fronts the 6pm news alongside Wendy Petrie.
In July, TVNZ's head of news and current affairs John Gillespie poured cold water on claims Barry may take over from Petrie as the female prime time anchor, emphatically denying major changes were planned for Breakfast and Seven Sharp.
But it is understood that meetings were held to discuss a Breakfast "reboot" in the face of strong competition from its Mediaworks rival The AM Show.
Nielsen figures revealed The AM Show, hosted by Duncan Garner, has nearly doubled its audience in the past six months, from 38,000 viewers in February to 69,000 in July. By comparison, Breakfast drew an average audience of 115,000 viewers in July, down from 137,000 in April.
A spokeswoman for TVNZ reiterated Gillespie's statements when asked by the Weekend Herald on Friday about whether Barry would host the 6pm news.