Dene Mackenzie

Fiscal news good but Govt cautious

Fiscal news good but Govt cautious

The Government yesterday faced calls to rethink the message of fiscal restraint after Treasury figures showed the country's accounts were in much better shape than previously believed.

Improved profit for Dunedin airport

Improved profit for Dunedin airport

Dunedin International Airport yesterday reported a much improved interim profit for the six months ended December.

Difficulties ahead, but businesses optimistic

Difficulties ahead, but businesses optimistic

South Island businesses are optimistic about the future but they are still expecting some tough times ahead in the short term, a survey out this morning says.

Restaurant Brands expects 67% rise in annual profit

Restaurant Brands is forecasting a 67% rise in its annual profit, to $19.5 million.

Polytech-WIC internet deal has wider benefit

Polytech-WIC internet deal has wider benefit

Thousands of Otago Polytechnic students in North Dunedin will find this week they have access to high-speed, uncapped internet, thanks to a deal between the polytechnic and wireless internet provider WIC.

Retained rating key to survival of SCF

Retained rating key to survival of SCF

South Canterbury Finance passed a major hurdle yesterday to its ongoing survival when it retained the important BB credit rating by Standard and Poor's, qualifying it for the Government's new retail guarantee scheme.

Labour Party Maori caucus visits Otago

Labour Party Maori caucus visits Otago

The Labour Party Maori caucus spent yesterday in Dunedin, as the six Maori MPs sought to reconnect with voters in the South.

Google mulls whether to continue operating in China

Google mulls whether to continue operating in China

Search engine company Google said the company was still considering its next step in China, seven weeks after it pledged to stop censoring results there and threatened to pull out of the country altogether.

Pumpkin Patch profit jumps 50% to $14.3m

Pumpkin Patch profit jumps 50% to $14.3m

Children's clothing retailer Pumpkin Patch produced some impressive headline financial numbers in its profit report for the six months ended January 31, but admitted there was still some way to go before a full recovery.

Allied Farmers' shares trade as low as 8c

Allied Farmers' shares dropped to an all-time low yesterday following a disappointing half-year result and a ratings downgrade by Standard and Poor's of Allied Nationwide Finance Ltd.