1The Bank of New Zealand has been found guilty of avoiding paying hundreds of millions of dollars in back taxes. Following a 13 week trial, Justice Wild ruled that the bank used six offshore transactions between 1998 to 2005 to avoid paying $416-million.

2The Minister of Justice Simon Power has dismissed suggestions by the Chief Justice Sian Elias to deal with overcrowding in prisons, saying they do not represent government policy.

3The 7.8 magnitude earthquake that shook Fiordland last night was the biggest in the world so far this year, but incredibly caused little damage. Southland civil defence spokesperson, Dallas Bradley, was part of an aerial reconnaissance team that spent several hours checking out parts of Fiordland earlier today.

4Business News

5An era of soaring food prices appears to be coming to an end. Latest figures show the rate of increase is slowing and experts predict it will become steady by the end of the year.

6A Spanish woman who became the world's oldest mother at the age of 66 has died less than three years after giving birth to twins.

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8The Minister of Finance and his Australian counterpart have signed the agreement allowing superannuation savings to be moved between the two countries.

9Two psychiatrists have told the court in Christchurch that accused, Clayton Weatherston, suffers from a narcissistic and grandiose tendencies. Weatherston denies murdering Sophie Elliot, but has pleaded guilty to her manslaughter, after he stabbed or cut her 216 in her home last January.

10Mayor of Manukau City Council Len Brown doesn't want to share the assets he says his council has fought so hard to keep, with the rest of Auckland.

11Waatea News

12A team of scientists has headed to Fiordland to learn as much as they can about last night's 7.8 magnitude earthquake.

13The Bank of New Zealand has been found guilty of avoiding paying hundreds of millions of dollars in back taxes. Following a 13 week trial, Justice Wild ruled that the bank used six offshore transactions between 1998 to 2005 to avoid paying $416-million.

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15The Government is ruling out giving some prisoners amnesty as a way of relieving prison overcrowding. It follows a speech by the Chief Justice Sian Elias who floated the suggestion, admitting that though controversial, it is seen to be working in other countries.

16Scientists in the United States say they have developed a new way of detecting tsunamis in the open ocean.

17The earth is continuing to move in Southland, with four sizeable aftershocks recorded since a 7.8 magnitude quake hit last night.

18Business News

19Snipers have been enlisted to guard a vulnerable colony of penguins in Sydney's North East after a ninth one was found mauled to death at a Manly beach. It's believed dogs or foxes are behind the attacks.

20The Court of Appeal has been hearing a case believed to be the first of its kind. The case of Christchurch man George Gwaze acquitted of sexually violating and murdering his niece Charlene Makaza.

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22In Britain, MPs will hold a special debate later on the British military mission in Afghanistan, after the government has come under renewed criticism following a sudden surge in military casualties.