Morning Report Essentials for Friday 13th February

An investment expert says retiring before the age of 70 is increasingly unaffordable, warning many New Zealanders may need to rethink their retirement expectations; Federated Farmers is concerned the Government's proposed RMA reforms could leave the door open to the introduction of a future water tax; Recent severe weather has exposed vulnerabilities in the country's roading network, prompting calls from the New Zealand Shipping Federation for greater investment in coastal shipping as a more resilient freight alternative; The Government has lifted the annual cap on space launches from 100 to 1,000, with Space Operations New Zealand saying the move will support growth in the sector; The Black Foils have repaired their damaged hull after a high-speed collision in Perth, with skipper Blair Tuke looking ahead to the Auckland round of SailGP.