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NZ King Salmon lifts underlying profit guidance for 2026 financial year

April 17, 2026

Source: Radio New Zealand NZ King Salmon now expects full‑year processed harvest volumes of 5800 to 6100 metric tonnes. Supplied Fish farming company NZ King Salmon has announced a significant upgrade to its full‑year 2026 earnings outlook after better‑than‑expected summer farming results. Pro‑forma underlying earnings (EBITDA) are now forecast at $19 million to $27 million, ... <a title="NZ King Salmon lifts underlying profit guidance for 2026 financial year" class="read-more" href="https://eveningreport.nz/2026/04/17/nz-king-salmon-lifts-underlying-profit-guidance-for-2026-financial-year/" aria-label="Read more about NZ King Salmon lifts underlying profit guidance for 2026 financial year">Read more</a>

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Mainfreight CEO frustrated with KiwiRail, AT for not offering additional services

April 17, 2026

Source: Radio New Zealand Mainfreight’s Ōtāhuhu depot Alistair Guthrie Mainfreight’s chief executive says he is “frustrated” at KiwiRail and Auckland Transport, and that the agencies could be doing more as the Middle East conflict sends fuel prices up. The country’s fuel stocks have dropped in the past two updates, but officials say there is no ... <a title="Mainfreight CEO frustrated with KiwiRail, AT for not offering additional services" class="read-more" href="https://eveningreport.nz/2026/04/17/mainfreight-ceo-frustrated-with-kiwirail-at-for-not-offering-additional-services/" aria-label="Read more about Mainfreight CEO frustrated with KiwiRail, AT for not offering additional services">Read more</a>

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Hoard your emergency fund, and other pieces of investment advice you might need to ignore

April 17, 2026

Source: Radio New Zealand There are some pieces of investment advice that seem to always (or most often) hold true. Compounding interest is your friend. Don’t fret about your KiwiSaver balance if you have 40 years until you need the money. Someone who is offering a really good investment won’t need to give you a ... <a title="Hoard your emergency fund, and other pieces of investment advice you might need to ignore" class="read-more" href="https://eveningreport.nz/2026/04/17/hoard-your-emergency-fund-and-other-pieces-of-investment-advice-you-might-need-to-ignore/" aria-label="Read more about Hoard your emergency fund, and other pieces of investment advice you might need to ignore">Read more</a>

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Risk the AI investment bubble will burst this year, Australian professor says

April 17, 2026

Source: Radio New Zealand New Zealand is a small country but how it regulated advances in technology were closely watched, Chris Marsden says. 123rf A visiting Australian law professor says government regulations covering AI and other technology issues matter, because they matter to the global tech companies. Monash University Professor Chris Marsden said New Zealand ... <a title="Risk the AI investment bubble will burst this year, Australian professor says" class="read-more" href="https://eveningreport.nz/2026/04/17/risk-the-ai-investment-bubble-will-burst-this-year-australian-professor-says/" aria-label="Read more about Risk the AI investment bubble will burst this year, Australian professor says">Read more</a>

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Building industry will get ‘tanked’: Crisis is looming as construction costs soar, experts say

April 17, 2026

Source: Radio New Zealand Supplied/ Unsplash – Josh Olalde Rising fuel prices due to war in the Middle East are likely to create a serious crisis for the construction market that has not yet been fully understood, one expert says. John Tookey, a professor at AUT’s school of future environments, said it would be a ... <a title="Building industry will get ‘tanked’: Crisis is looming as construction costs soar, experts say" class="read-more" href="https://eveningreport.nz/2026/04/17/building-industry-will-get-tanked-crisis-is-looming-as-construction-costs-soar-experts-say/" aria-label="Read more about Building industry will get ‘tanked’: Crisis is looming as construction costs soar, experts say">Read more</a>

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‘Households will feel the brunt’: Infometrics warns of economic hit

April 17, 2026

Source: Radio New Zealand Infometrics says households will feel the impact of increased pricing pressures. RNZ The Reserve Bank is set to have a battle on its hands to keep inflation under control over the next year, Infometrics says, and households will feel the biggest impact. It has released its latest economic forecasts, which predict ... <a title="‘Households will feel the brunt’: Infometrics warns of economic hit" class="read-more" href="https://eveningreport.nz/2026/04/17/households-will-feel-the-brunt-infometrics-warns-of-economic-hit/" aria-label="Read more about ‘Households will feel the brunt’: Infometrics warns of economic hit">Read more</a>

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Public asked if council should borrow to help pay for Picton ferry redevelopment

April 16, 2026

Source: Radio New Zealand An artist’s impression of one of the new ferries loading. FHL Marlborough locals are being asked if they should pay Port Marlborough’s $110 million share of the Picton ferry redevelopment. The work in Picton is estimated to cost $531m and is part of the $1.867 billion Cook Strait Ferry Replacement Programme. ... <a title="Public asked if council should borrow to help pay for Picton ferry redevelopment" class="read-more" href="https://eveningreport.nz/2026/04/16/public-asked-if-council-should-borrow-to-help-pay-for-picton-ferry-redevelopment/" aria-label="Read more about Public asked if council should borrow to help pay for Picton ferry redevelopment">Read more</a>

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Business NZ seeks government loan support for firms moving away from gas

April 16, 2026

Source: Radio New Zealand 123rf Business New Zealand is making what it says is a rare plea for business supports – in the form of below-market rate loans to help businesses shift away from gas. The pitch comes on the back of a report by the group’s Energy Council, which has found up to 8 ... <a title="Business NZ seeks government loan support for firms moving away from gas" class="read-more" href="https://eveningreport.nz/2026/04/16/business-nz-seeks-government-loan-support-for-firms-moving-away-from-gas/" aria-label="Read more about Business NZ seeks government loan support for firms moving away from gas">Read more</a>

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Ex‑Xero staffer Ally Naylor lays complaint with police over Sir Rod Drury

April 16, 2026

Source: Radio New Zealand Sir Rod Drury is a former Xero chief executive and 2026 New Zealander of the year. RNZ / Diego Opatowski Former Xero staffer Ally Naylor says she has laid a complaint with the police about former chief executive and 2026 New Zealander of the Year Sir Rod Drury. The complaint alleges ... <a title="Ex‑Xero staffer Ally Naylor lays complaint with police over Sir Rod Drury" class="read-more" href="https://eveningreport.nz/2026/04/16/ex-xero-staffer-ally-naylor-lays-complaint-with-police-over-sir-rod-drury/" aria-label="Read more about Ex‑Xero staffer Ally Naylor lays complaint with police over Sir Rod Drury">Read more</a>

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Fletcher Building says third quarter sales improving but outlook uncertain

April 16, 2026

Source: Radio New Zealand Fletcher Building says the third quarter ended in March and largely reflected the period before the war in Iran. Fletcher Building Construction company Fletcher Building says third quarter sales are improving, though the outlook is less certain as conflict in the Middle East sees costs rise and supply chain risks increase. ... <a title="Fletcher Building says third quarter sales improving but outlook uncertain" class="read-more" href="https://eveningreport.nz/2026/04/16/fletcher-building-says-third-quarter-sales-improving-but-outlook-uncertain/" aria-label="Read more about Fletcher Building says third quarter sales improving but outlook uncertain">Read more</a>

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$86 billion Super Fund failed to properly address human rights, court rules

April 16, 2026

Source: Radio New Zealand The court also ordered the crown entity to pay PSNA’s legal costs. RNZ / Dan Cook The managers of the country’s $86 billion Super Fund failed to properly address human rights issues when considering whether to exclude companies from its investments, the High Court has found Justice Simon Mount granted an ... <a title="$86 billion Super Fund failed to properly address human rights, court rules" class="read-more" href="https://eveningreport.nz/2026/04/16/86-billion-super-fund-failed-to-properly-address-human-rights-court-rules/" aria-label="Read more about $86 billion Super Fund failed to properly address human rights, court rules">Read more</a>

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Are these New Zealand’s toughest housing markets?

April 16, 2026

Source: Radio New Zealand Te Awamutu. Waipā District Council New data shows buyers are cautious around the country, but sellers in a number of suburbs face a particular struggle to sell. Cotality data shows that sellers in Kihikihi, Waipa, are waiting a median 50.5 days to sell their properties, up from a one-year average of ... <a title="Are these New Zealand’s toughest housing markets?" class="read-more" href="https://eveningreport.nz/2026/04/16/are-these-new-zealands-toughest-housing-markets/" aria-label="Read more about Are these New Zealand’s toughest housing markets?">Read more</a>