CoveragePost
May 11, 2026
Source: Radio New Zealand Construction was originally expected to be completed in 2021. RNZ / Ziming Li It has been revealed that the developer behind the partially completed Seascape tower in Auckland owes creditors $589m. The largest of those, according to a first receivers’ report released from Calibre Partners, was China Construction Bank, which was ... <a title="Creditors owed nearly $600m on Auckland’s Seascape tower" class="read-more" href="https://eveningreport.nz/2026/05/11/creditors-owed-nearly-600m-on-aucklands-seascape-tower/" aria-label="Read more about Creditors owed nearly $600m on Auckland’s Seascape tower">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand The government has announced that it will scrap the third-year fees-free tertiary scheme. RNZ / Richard Tindiller The government’s proposal to scrap the third-year fees-free tertiary scheme and redirect some of the funds towards trades training is being welcomed by business leaders. However, the Council of Trade Unions argues the move ... <a title="Employers’ groups and unions divided over the merits of scrapping third-year fees-free" class="read-more" href="https://eveningreport.nz/2026/05/11/employers-groups-and-unions-divided-over-the-merits-of-scrapping-third-year-fees-free/" aria-label="Read more about Employers’ groups and unions divided over the merits of scrapping third-year fees-free">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand The Chorus website showed outages in several South Auckland suburbs. Chorus / screenshot An estimated 2500 homes and businesses in South Auckland are affected by an internet outage. Chorus said it had identified damaged copper and fibre cables impacting about 600 copper voice and broadband customers, and 1900 fibre broadband customers. ... <a title="Internet outage hits Auckland suburbs" class="read-more" href="https://eveningreport.nz/2026/05/11/internet-outage-hits-auckland-suburbs/" aria-label="Read more about Internet outage hits Auckland suburbs">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand File photo. Unsplash / Lucas Santos Long time Wellington bar, Red Square, has announced it will be closing at the end of this month. “As with everything, all good things must come to an end,” the bar wrote on social media. “Over and incredible 23 years, Red Square has been a ... <a title="Wellington bar Red Square to close after ’23 legendary years’" class="read-more" href="https://eveningreport.nz/2026/05/11/wellington-bar-red-square-to-close-after-23-legendary-years/" aria-label="Read more about Wellington bar Red Square to close after ’23 legendary years’">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand 123RF Wellington Electricity says it likely needs to eke out another $10 to $20 a month from customers to keep the power lines reliable. That would be over and above approved increases by the regulatory each April through to 2030. Christchurch lines company Orion was also writing to the Commerce Commission ... <a title="Wellington Electricity says power bills could rise for customers to keep lines reliable" class="read-more" href="https://eveningreport.nz/2026/05/11/wellington-electricity-says-power-bills-could-rise-for-customers-to-keep-lines-reliable/" aria-label="Read more about Wellington Electricity says power bills could rise for customers to keep lines reliable">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand Corrections staff are struggling with the higher cost of fuel. (File photo) RNZ / Blessen Tom Corrections staff are turning to food banks as the fuel crisis takes its toll, the Corrections union says. While some prisons, such as Auckland’s Mt Eden, were located close to a main centre, many prisons ... <a title="Corrections staff turn to food banks as fuel crisis takes toll" class="read-more" href="https://eveningreport.nz/2026/05/11/corrections-staff-turn-to-food-banks-as-fuel-crisis-takes-toll/" aria-label="Read more about Corrections staff turn to food banks as fuel crisis takes toll">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand Pacific Edge’s revenue dropped to $11.5 million from $21.8 million the year earlier, reflecting the Medicare cut. Supplied / Pacific Edge Cancer diagnostics company Pacific Edge is aiming to raise up to another $24 million as it continues to battle to regain Medicare coverage in the United States, get reimbursement for ... <a title="Pacific Edge aims to raise up to $24 million more after loss of US insurer" class="read-more" href="https://eveningreport.nz/2026/05/11/pacific-edge-aims-to-raise-up-to-24-million-more-after-loss-of-us-insurer/" aria-label="Read more about Pacific Edge aims to raise up to $24 million more after loss of US insurer">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand The hammer fell at $161,000 for Tangihau U418 at last year’s East Coast bull sales setting a national price record. supplied The buyer of a record-breaking bull says it’s delivering strong returns nearly a year after a landmark purchase. Last June Wairarapa farmer Keith Higgins paid $161,000 for an Angus bull ... <a title="Record-breaking $161,000 bull worth every cent, owner says" class="read-more" href="https://eveningreport.nz/2026/05/11/record-breaking-161000-bull-worth-every-cent-owner-says/" aria-label="Read more about Record-breaking $161,000 bull worth every cent, owner says">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand RNZ / REECE BAKER A 25-year-old earning an average income could end up about $90,000 better off over the course of their working life if reforms suggested by the OECD for the retirement savings system were implemented. But not everyone is convinced it’s the right way forward. The OECD’s latest economic ... <a title="How OECD’s tax change could give you more money in KiwiSaver" class="read-more" href="https://eveningreport.nz/2026/05/11/how-oecds-tax-change-could-give-you-more-money-in-kiwisaver/" aria-label="Read more about How OECD’s tax change could give you more money in KiwiSaver">Read more</a>
CoveragePost
May 11, 2026
Source: Radio New Zealand Asking for more money can feel daunting — two in three workers told recruitment website SEEK they don’t feel confident doing it. Yet fewer than half of New Zealanders are happy with their current salary, and more than 45 percent say they’ve never asked for a raise, according to SEEK’s survey ... <a title="How to ask for a pay rise" class="read-more" href="https://eveningreport.nz/2026/05/11/how-to-ask-for-a-pay-rise/" aria-label="Read more about How to ask for a pay rise">Read more</a>
CoveragePost
May 10, 2026
Source: Radio New Zealand RNZ’s money correspondent Susan Edmunds answers your questions. RNZ Got questions? RNZ has launched a podcast, ‘No Stupid Questions’, with Susan Edmunds. We’d love to hear more of your questions about money and the economy. You can send through written questions, like these ones, but even better, you can drop us ... <a title="Tax I paid in 1962 was meant to give me a pension. Where did that go? Ask Susan" class="read-more" href="https://eveningreport.nz/2026/05/10/tax-i-paid-in-1962-was-meant-to-give-me-a-pension-where-did-that-go-ask-susan/" aria-label="Read more about Tax I paid in 1962 was meant to give me a pension. Where did that go? Ask Susan">Read more</a>
CoveragePost
May 10, 2026
Source: Radio New Zealand The Broadcasting Standards Authority may soon be abolished or changed with pending media regulation reforms. RNZ / Nik Dirga “This will be a free-for-all, will it?” RNZ host Guyon Espiner – with tongue in cheek – asked Media and Communications Minister Paul Goldsmith on Midday Report last Wednesday. “We’ve got no ... <a title="Mediawatch: Putting down the watchdog?" class="read-more" href="https://eveningreport.nz/2026/05/10/mediawatch-putting-down-the-watchdog/" aria-label="Read more about Mediawatch: Putting down the watchdog?">Read more</a>
