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Petrol and diesel stocks down, jet fuel up

May 20, 2026

Source: Radio New Zealand The country’s petrol and diesel stocks have dipped since Monday’s update. AFP / ROBERT MICHAEL The country’s petrol and diesel stocks have dipped since Monday’s update, but the amount of jet fuel has increased. The latest government data shows as at midnight Sunday there was 54 days’ worth of petrol, 46…

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Wellington’s Moa Point plant won’t be fully fixed until next year, officials say

May 20, 2026

Source: Radio New Zealand Wellington’s Moa Point treatment plant will not be fully fixed until at least a year after it catastrophically failed. In a timeline released on Wednesday, Wellington Water and Wellington City Council say the wastewater treatment plant is expected to be fully restored by February 2027 – and raw sewage should be…

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Ministry uncovers 267 different regulators, Seymour urges consolidation

May 20, 2026

Source: Radio New Zealand RNZ / Samuel Rillstone David Seymour has unveiled a report from his Ministry of Regulation showing there are 267 regulators across New Zealand, but offering no specific solution. The regulations minister says the analysis shows a “twisted spaghetti of regulators who don’t just cost money to fund, but suck up people’s…

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Argosy posts profit despite uncertain market conditions

May 20, 2026

Source: Radio New Zealand Argosy’s Neilson Street site in Onehunga. supplied / Argosy Property Limited Property investor Argosy has reported a steady full-year profit on rental growth and revaluation gains, despite a more uncertain market environment. Key numbers for the year ended March compared with a year ago: Net profit $127.7m vs $125.9m Net property…

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How Auckland FC’s Callan Elliot fought his way back from the footballing wilderness

May 20, 2026

Source: Radio New Zealand Auckland FC and All Whites player Callan Elliot Andrew Cornaga/www.photosport.nz In the space of 48 hours last week Callan Elliot could start to see the light at the end of the football tunnel. Officially named in the All Whites squad for next month’s Football World Cup on Thursday, by late Friday…

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Serko boosts revenue, but still posts loss

May 20, 2026

Source: Radio New Zealand The Booking.com for Business website. Dan Satherley / RNZ Travel software company Serko has narrowed its full-year loss, while recording a strong improvement in revenue and underlying earnings. Key numbers for the 12 months ended March compared with a year ago: Net loss $17.7m vs $22m loss Revenue $120.9m vs $90.5m…

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‘Heartless’: Fears Wellington will be ‘ghost town’ after public service cuts

May 20, 2026

Source: Radio New Zealand Kirsten Saunders, the co-owner of Smith the Grocer, says the announcement of more job cuts is tough for the city’s morale. RNZ / Ellen O’Dwyer An economist says more than 3500 jobs could be cut in Wellington, and the capital is set to “bear the brunt” of a major shake-up to…

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Air NZ announces three new non-stop international routes from Christchurch

May 20, 2026

Source: Radio New Zealand Supplied/ Air NZ Air New Zealand has announced three new non-stop international flights from Christchurch to launch later this year. The new routes from Christchurch to Singapore, Tokyo and Perth are part of an agreement with Christchurch Airport to boost the South Island’s international connectivity. Air New Zealand chief executive Nikhil…

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Housing market confidence takes a tumble as interest rates, inflation rise

May 20, 2026

Source: Radio New Zealand RNZ Housing market confidence has taken a tumble as interest rates rise, prices are expected to stay flat, and inflation heads higher. ASB’s latest housing confidence report in the three months ended April showed a net 19 percent of respondents expecting prices to rise over the next 12 months from 30…

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Remembering strangers who saved their lives

May 20, 2026

Source: Radio New Zealand On Sunday afternoon at the Holy Trinity Cathedral in Auckland, 49-year-old Anna Maharaj lit a candle as part of an annual remembrance service. She has done this almost every year for 24 years to honour someone she could never meet and whose name she will never know. Perhaps that person’s family…

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Tourism industry hopes to woo international travel buyers at TRENZ 2026 trade event

May 20, 2026

Source: Radio New Zealand TRENZ 2026 is kicking off at the New Zealand International Convention Centre in Auckland. RNZ / Tess Brunton The tourism industry is hopeful an influx of international travel buyers will spark millions of dollars in new business. TRENZ, the country’s largest international tourism business event, is underway in Auckland. More than…