Simon Hartley

Queenstown housing nearly NZ's least affordable

Queenstown housing nearly NZ's least affordable

Queenstown remains one of the least affordable areas in New Zealand, while Dunedin homes are among the most affordable across 25 urban districts around the country.

Warning about milk payout

Warning about milk payout

To achieve Fonterra's down-graded $4.70 farmgate milk price requires a ''significant rebound'' of more than 40% in global milk prices during the rest of the year, analysts have cautioned.

Otago sales up 23%

Otago sales up 23%

The volume of Otago house sales during November surged more than 23% on a year ago.

Plunging oil figures may keep inflation low, interest rates on hold

The ''sheer scale'' of the massive plunge in oil prices to five-year lows could dampen New Zealand inflation to the point the Reserve Bank does not touch interest rates until 2016.

Oceana set to increase production

Oceana set to increase production

Oceana Gold is expecting a lift its gold production in the next calendar year, underpinned by increased production from its northern Philippines mine.

Minister upbeat on drill permits

Fifteen new oil and gas exploration permits have been awarded around the country, amounting to a $110 million undertaking for initial exploration work.

New bladder cancer test launched

The latest stage of Dunedin cancer diagnostic company Pacific Edge's development of a ''one stop shop'' for bladder cancer detection was launched yesterday.

Manufacturing volume rises

Manufacturing volumes across the country were up for the quarter to September, but the overall value was down 1.2%, or $290 million, because of a sales decline in meat and dairy products.

Green Man owes 52 creditors $330,000

Green Man owes 52 creditors $330,000

Liquidators are hoping to sell Dunedin founded Green Man Brewery - which owes 52 creditors $330,000 - as a going concern.

Rents good but capital gains poor

Landlords from five Dunedin suburbs are reaping some of the best rental returns around the country, but for anyone seeking capital gain, rewards from those are slim.