CoveragePost
May 18, 2026
Source: Radio New Zealand Utilities and airport software firm Gentrack’s first half net profit is down 29 percent (file photo). www.123rf.com Utilities and airport software firm Gentrack’s first half net profit is down 29 percent, though growth in recurring revenue was expected to continue to grow. The net profit for the six months to March ... <a title="Gentrack half year profit and revenue down as new deals delayed" class="read-more" href="https://eveningreport.nz/2026/05/18/gentrack-half-year-profit-and-revenue-down-as-new-deals-delayed/" aria-label="Read more about Gentrack half year profit and revenue down as new deals delayed">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Asian staff constitute the second-largest group of officers in the country’s penitentiaries. RNZ / Blessen Tom A third deputy chief executive at Corrections is under scrutiny with concerns raised about their leadership. RNZ earlier revealed deputy chief executive Leigh Marsh was under investigation over allegations of bullying. It was then revealed ... <a title="Third Corrections deputy chief executive under scrutiny" class="read-more" href="https://eveningreport.nz/2026/05/18/third-corrections-deputy-chief-executive-under-scrutiny/" aria-label="Read more about Third Corrections deputy chief executive under scrutiny">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand The outage map for One NZ. ONE NZ / SCREENSHOT One NZ is investigating a partial outage of its mobile networks across the country. On its website, One NZ said the incident began shortly after 12.30pm on Monday. Customers reported having issues with making or receiving calls. A third party website, ... <a title="Widespread mobile outages hit One NZ network" class="read-more" href="https://eveningreport.nz/2026/05/18/widespread-mobile-outages-hit-one-nz-network/" aria-label="Read more about Widespread mobile outages hit One NZ network">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand NZ’s dervices sector is contracting at a slower pace Results across sub-indexes were mixed The employment outlook stayed negative BNZ says the economy is still struggling New Zealand’s services sector remained in contraction in April. 123RF New Zealand’s services sector remained in contraction in April, despite a modest improvement in activity, ... <a title="Services sector contracts again in April" class="read-more" href="https://eveningreport.nz/2026/05/18/services-sector-contracts-again-in-april/" aria-label="Read more about Services sector contracts again in April">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Local Government Minister Simon Watts. SAMUEL RILLSTONE / RNZ The Fitch credit ratings agency is warning the introduction of local government rate caps could increase the risk of credit downgrades across the sector. The government is planning to introduce legislation this year that will eventually limit council rate increases to 4 ... <a title="Rates caps could raise risk of credit downgrade for councils, Fitch warns" class="read-more" href="https://eveningreport.nz/2026/05/18/rates-caps-could-raise-risk-of-credit-downgrade-for-councils-fitch-warns/" aria-label="Read more about Rates caps could raise risk of credit downgrade for councils, Fitch warns">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Unsplash / Curated Lifestyle Pay transparency has moved from a nice-to-have to a business priority, even though the topic leaves people feeling uncomfortable about sharing. A recent change to legislation makes it unlawful for employers to require employees to keep their pay and benefits confidential, which gave workers an opportunity to ... <a title="Pay packet secrecy a thing of the past?" class="read-more" href="https://eveningreport.nz/2026/05/18/pay-packet-secrecy-a-thing-of-the-past/" aria-label="Read more about Pay packet secrecy a thing of the past?">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand A builder says there are many half-finished housing developments in Christchurch and Auckland. (File photo) RNZ / Cole Eastham-Farrelly A builder says Christchurch is seeing an increasing amount of half-finished two-bedroom developments with less appetite in the market. Carl Taylor, a builder and the head of Combined Building Supplies Co-operative, told ... <a title="Christchurch townhouse boom seeing half-finished developments across city" class="read-more" href="https://eveningreport.nz/2026/05/18/christchurch-townhouse-boom-seeing-half-finished-developments-across-city/" aria-label="Read more about Christchurch townhouse boom seeing half-finished developments across city">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Kiwi Property Group Group said the opening of Ikea drove significant foot traffic in the area. (File photo) Marika Khabazi / RNZ The owner of Auckland’s Sylvia Park has posted a “robust” full-year result, with a higher operating profit as rental income and occupancy improved, but its bottom line fell as ... <a title="Sylvia Park owner posts ‘robust’ full-year result, Ikea driving more foot traffic" class="read-more" href="https://eveningreport.nz/2026/05/18/sylvia-park-owner-posts-robust-full-year-result-ikea-driving-more-foot-traffic/" aria-label="Read more about Sylvia Park owner posts ‘robust’ full-year result, Ikea driving more foot traffic">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Local Government Minister Simon Watts. SAMUEL RILLSTONE / RNZ The Fitch credit ratings agency is warning the introduction of local government rate caps could increase the risk of credit downgrades across the sector. The government is planning to introduce legislation this year that will eventually limit council rate increases to 4 ... <a title="Rates caps could raise risk of credit downgrade for New Zealand, Fitch warns" class="read-more" href="https://eveningreport.nz/2026/05/18/rates-caps-could-raise-risk-of-credit-downgrade-for-new-zealand-fitch-warns/" aria-label="Read more about Rates caps could raise risk of credit downgrade for New Zealand, Fitch warns">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand The price of avocados is down 22 percent from a decade ago. File photo. 123rf Food prices were flat in April, and up by less compared to the year earlier than they were in March. But beneath that headline, there’s been significant variation across food items. Here’s what’s getting cheaper, what’s ... <a title="Sultanas up, avocados down: Here’s how food prices are really moving" class="read-more" href="https://eveningreport.nz/2026/05/18/sultanas-up-avocados-down-heres-how-food-prices-are-really-moving/" aria-label="Read more about Sultanas up, avocados down: Here’s how food prices are really moving">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand RNZ / Mark Papalii New Zealand First’s plan to buy back the Bank of New Zealand is an “outlandish proposal”, says an economist. NZ First leader Winston Peters on Sunday announced a policy to automatically enrol all newborn citizens into KiwiSaver with a $1000 government contribution, alongside a proposal to buy ... <a title="NZ First plan to buy BNZ back ‘headline-grabbing’ rather than serious policy – economist" class="read-more" href="https://eveningreport.nz/2026/05/18/nz-first-plan-to-buy-bnz-back-headline-grabbing-rather-than-serious-policy-economist/" aria-label="Read more about NZ First plan to buy BNZ back ‘headline-grabbing’ rather than serious policy – economist">Read more</a>
CoveragePost
May 18, 2026
Source: Radio New Zealand Paul Fair has clocked about 10,000 kilometres driving TR Group’s first hydrogen fuel cell trucks, testing routes and training other drivers. RNZ / Kate Newton A partnership to get green hydrogen trucks up and running in New Zealand says there is renewed interest in the technology as diesel prices remain high. ... <a title="Hiringa-TR Group partnership close to getting a dozen hydrogen-fuelled trucks on the road" class="read-more" href="https://eveningreport.nz/2026/05/18/hiringa-tr-group-partnership-close-to-getting-a-dozen-hydrogen-fuelled-trucks-on-the-road/" aria-label="Read more about Hiringa-TR Group partnership close to getting a dozen hydrogen-fuelled trucks on the road">Read more</a>
