Dene Mackenzie

South's services industries bounce back

The Otago-Southland services industries have bounced back from months of inactivity to record strong growth in September, the BNZ-Business NZ performance of services index shows.

Worse-than-expected THL forecast

Worse-than-expected THL forecast

Tourism Holdings Ltd shocked the market yesterday by warning it was expecting to report and after-tax loss of up to $1 million for the six months ending December.

Popular NZ wine brands being sold

Popular NZ wine brands being sold

French-owned liquor company Pernod Ricard NZ is selling some of New Zealand's best-known wine brands to Japanese-owned Lion Nathan NZ in a deal that requires Overseas Investment Office approval.

$35.5m 'best' surplus for Ngai Tahu

Seafood and property have proved to be good earners for Ngai Tahu Holdings Corporation in the year ended June 30.

Queenstown Airport has good financial year

Queenstown Airport has reported a substantial increase in its operating profit for the year ended June but changing regulatory requirements mean some major differences in the way the accounts are presented publicly.

DCC bonds: most likely holders

DCC bonds: most likely holders

Confusion and misunderstanding remains in the community about how the Dunedin City Council raises money from bonds and who buys those bonds. Business editor Dene Mackenzie unravels the issue with Craigs Investment Partners broker Chris Timms.

Resize and cuddle up

Just quietly, I have lost weight.

Stadium bond chance missed

The issuing of a stadium investment bond to allow Otago investors a chance to support the building of the new Forsyth Barr Stadium would have made sense, financial industry insiders say.

English hails rise in saving

English hails rise in saving

Finance Minister Bill English is welcoming the multi-billion-dollar move by households away from borrowing and towards saving in the past two or three years.

GST `correctly' charged: expert

The confusion this week over how GST is charged by utility companies illustrates some of the complexities consequent of the rate change, Deloitte Dunedin tax partner Peter Truman says.