CoveragePost
May 6, 2026
Source: Radio New Zealand RNZ / Quin Tauetau Unemployment eases to 5.3pct from 10-year high of 5.4pct 4000 jobs added in quarter, but number opting out grows Underutilisation rate steady at 12.9 pct; Youth unemployment rises Auckland, Bay of Plenty, Wellington highest unemployment rates Annual wage growth remains five-year low of 2pct Data a touch ... <a title="Unemployment rate drops slightly to 5.3 percent in first quarter of year" class="read-more" href="https://eveningreport.nz/2026/05/06/unemployment-rate-drops-slightly-to-5-3-percent-in-first-quarter-of-year/" aria-label="Read more about Unemployment rate drops slightly to 5.3 percent in first quarter of year">Read more</a>
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May 6, 2026
Source: Radio New Zealand Inflation is expected to rise because of the war in the Middle East. RNZ / Quin Tauetau A leading economist says businesses could exploit the war in the Middle East to raise prices even when not directly related to the fuel crisis. Petrol price surges have seen 91 routinely above $3 ... <a title="War an excuse to hike prices even without fuel costs – economist" class="read-more" href="https://eveningreport.nz/2026/05/06/war-an-excuse-to-hike-prices-even-without-fuel-costs-economist/" aria-label="Read more about War an excuse to hike prices even without fuel costs – economist">Read more</a>
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May 6, 2026
Source: Radio New Zealand A CDC data centre. (File photo) Luke McPake CDC Data Centres (CDC) has signed a deal to build to build a 555-megawatt (MW) data centre, with the ability to scale-up to more than one gigawatt (GW) – enough to power up to 1 million homes. CDC, which was nearly 50 percent ... <a title="CDC signs deal to build 555-megawatt data centre" class="read-more" href="https://eveningreport.nz/2026/05/06/cdc-signs-deal-to-build-555-megawatt-data-centre/" aria-label="Read more about CDC signs deal to build 555-megawatt data centre">Read more</a>
CoveragePost
May 6, 2026
Source: Radio New Zealand 123rf A drop in milk volumes sold saw prices rise at the Global Dairy Trade auction overnight, stopping the slide seen at the previous two events. The average price rose 1.5 percent overnight to US$4127 (NZ$5035) a tonne. It followed a 2.7 percent fall at the previous auction a fortnight ago, ... <a title="Global milk prices rise after previous slides" class="read-more" href="https://eveningreport.nz/2026/05/06/global-milk-prices-rise-after-previous-slides/" aria-label="Read more about Global milk prices rise after previous slides">Read more</a>
CoveragePost
May 6, 2026
Source: Radio New Zealand Customers are questioning why US butter is cheaper than New Zealand butter in some instances. Sorin Gheorghita for Unsplash How can food products that travel into New Zealand from other countries end up being cheaper than those produced locally? It’s a question some shoppers have been asking because US butter Burtfield’s ... <a title="How can foreign butter (and veges) be cheaper than New Zealand-made?" class="read-more" href="https://eveningreport.nz/2026/05/06/how-can-foreign-butter-and-veges-be-cheaper-than-new-zealand-made/" aria-label="Read more about How can foreign butter (and veges) be cheaper than New Zealand-made?">Read more</a>
CoveragePost
May 5, 2026
Source: Radio New Zealand ANZ spending data showed a large drop in grocery spending and a spike in fuel spending. RNZ / Quin Tauetau The fuel crisis has brought with it a spike to many household expenses and one economist says we could be headed into “choppy waters”. Prime Minister Christoper Luxon recently said even ... <a title="Fuel costs, household expenses on the rise as economy heads into ‘choppy waters’" class="read-more" href="https://eveningreport.nz/2026/05/05/fuel-costs-household-expenses-on-the-rise-as-economy-heads-into-choppy-waters/" aria-label="Read more about Fuel costs, household expenses on the rise as economy heads into ‘choppy waters’">Read more</a>
CoveragePost
May 5, 2026
Source: Radio New Zealand Major bank economists expect the unemployment rate to stay unchanged at 5.4 percent or nudge slightly higher for the three months ended March. 123rf Unemployment expected to remain steady at 5.4 pct – data due 6 May, 10.45am Middle East conflict likely to dampen previous tentative recovery signs Labour market recovery ... <a title="Unemployment set to stay at near-decade high, economists say" class="read-more" href="https://eveningreport.nz/2026/05/05/unemployment-set-to-stay-at-near-decade-high-economists-say/" aria-label="Read more about Unemployment set to stay at near-decade high, economists say">Read more</a>
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May 5, 2026
Source: Radio New Zealand Interislander is hiking its fuel surcharge to 54 percent on commercial vehicles and trucks crossing the Cook Strait. Wikimedia Commons Crossing the Cook Strait is about to get a whole lot more expensive for commercial operators and likely consumers. The Interislander is hiking its fuel surcharge to 54 percent on commercial ... <a title="Consumers tipped to see price increases due to fuel surcharges in about a month" class="read-more" href="https://eveningreport.nz/2026/05/05/consumers-tipped-to-see-price-increases-due-to-fuel-surcharges-in-about-a-month/" aria-label="Read more about Consumers tipped to see price increases due to fuel surcharges in about a month">Read more</a>
CoveragePost
May 5, 2026
Source: Radio New Zealand Mercury has apologised to affected customers. Supplied / Mercury NZ Ltd Some customers of power company Mercury have mistakenly been told they have not kept up with their bills. Customers have received messages telling them Mercury had “noticed you may have had a couple of missed payments over the last few ... <a title="Mercury customers mistakenly told they hadn’t paid" class="read-more" href="https://eveningreport.nz/2026/05/05/mercury-customers-mistakenly-told-they-hadnt-paid/" aria-label="Read more about Mercury customers mistakenly told they hadn’t paid">Read more</a>
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May 5, 2026
Source: Radio New Zealand Butter is a hot topic. Margaret Jaszowska for Unsplash Overall commodity prices have been dragged down by a 7.5 percent drop in overall dairy prices with strong global supply keeping the sector under pressure. The ANZ World Commodity Price Index fell 0.8 percent in April over March, with better prices for ... <a title="Commodity prices dragged down by 7.5 percent drop in dairy prices" class="read-more" href="https://eveningreport.nz/2026/05/05/commodity-prices-dragged-down-by-7-5-percent-drop-in-dairy-prices/" aria-label="Read more about Commodity prices dragged down by 7.5 percent drop in dairy prices">Read more</a>
CoveragePost
May 5, 2026
Source: Radio New Zealand Heifer calves at Tauwhare research farm, near Hamilton. Photo credit: Stephen Barker / Barker Photography. ©LIC Stephen Barker New research looking at whether low-emitting bulls pass these traits onto their milking daughters has suffered a “disappointing” setback. The Livestock Improvement Corporation – or LIC – and Ag Emissions Centre just completed ... <a title="Outcome of research into low-emitting bulls ‘disappointing’" class="read-more" href="https://eveningreport.nz/2026/05/05/outcome-of-research-into-low-emitting-bulls-disappointing/" aria-label="Read more about Outcome of research into low-emitting bulls ‘disappointing’">Read more</a>
CoveragePost
May 5, 2026
Source: Radio New Zealand AFP ANZ has been unsuccessful in its fight in the High Court against a class action from borrowers. The court has awarded summary judgment against the bank in relation to the Credit Contracts and Consumer Finance Act 2003 (CCCFA) class action proceedings. Between 2015 and 2019, the law said that a ... <a title="Court rules against ANZ in class action lawsuit" class="read-more" href="https://eveningreport.nz/2026/05/05/court-rules-against-anz-in-class-action-lawsuit/" aria-label="Read more about Court rules against ANZ in class action lawsuit">Read more</a>
