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.
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
The volume of Otago house sales during November surged more
than 23% on a year ago.
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
Oceana Gold is expecting a lift its gold production in the
next calendar year, underpinned by increased production from
its northern Philippines mine.
Fifteen new oil and gas exploration permits have been awarded
around the country, amounting to a $110 million undertaking
for initial exploration work.
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 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
Liquidators are hoping to sell Dunedin founded Green Man
Brewery - which owes 52 creditors $330,000 - as a going
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.
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