The Emerson Brewing Company was last night named as the
Westpac Supreme Business Excellence Award winner at a
black-tie function in Dunedin attended by about 330 people.
Tardy interest payments by Aorangi Securities' borrowers
continued to slow progress for the statutory managers with a
total of $5 million still outstanding.
The recent trend of business for Fisher and Paykel Appliances
continued in the six months ending September with appliances
worse than expected, partially offset by the finance
The contribution Otago businessman
John Gilks has made to the city of Dunedin was recognised
last night before an audience of 330 of his peers.
Approval by the Reserve Bank is the final major hurdle for
the proposed Heartland Bank to cross following another
successful vote of merging partners in Christchurch
Secured creditors of Pike
River Coal have agreed to a standstill period of 90 days to
give the company time to deal with the tragedy at its
underground mine where 29 miners have died.
representatives see the latest change to employment law as
fair and balanced but union representatives are still
condemning what they see as a trampling of workers' rights.
World financial markets
quickly shrugged off the Korean conflict, which started on
Tuesday with a North Korean artillery attack on a South
Rating agency Standard and Poor's may have delivered a
surprise ratings outlook reduction, but its core messages had
substance, BNZ markets economist Stephen Toplis said
Forsyth Barr has downgraded its value and recommendation on
New Zealand Oil and Gas as the Pike River Coal mine disaster
continues on the West Coast.
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