Crafar Farms buyer in $70m deal

Crafar Farms buyer in $70m deal

Chinese company Shanghai Pengxin has confirmed that it is aiming to buy a $70 million farm in the central North Island, which would be second-largest foreign purchase of New Zealand land.

Region battered by fierce winds

Region battered by fierce winds

Strong northwest winds are creating problems in Otago today, felling power lines, fanning a large scrub fire and prompting warnings for motorists.

John Banks to appeal

John Banks to appeal

John Banks claims he has new evidence he will take to the Court of Appeal that will exonerate him.

Dunedin

Backlash delays sale of car park

Backlash delays sale of car park

A South Dunedin community backlash has forced the Dunedin City Council to delay its decision on the sale of a public car park, after the bungled process infuriated both a theatre and the area's business association.

Walter Peak site advertised

Walter Peak site advertised

It might be third time lucky for a multimillion-dollar luxury development at Walter Peak, across Lake Wakatipu from Queenstown.

Oceana Gold posts $US56m profit

Oceana Gold posts $US56m profit

Oceana Gold remains on target to achieve its full-year production guidance, having posted a first-half after-tax profit of $US56 million ($NZ64.1 million).

Christchurch faces $900m 'black hole'

Christchurch faces $900m 'black hole'

Christchurch City Council has revealed today that it faces a funding black hole of up to $900 million to help rebuild the earthquake-wrecked city, and is set to start public consultation on "at least a partial" sale of its assets.

MP expenses: Groser dines on protected fish

MP expenses: Groser dines on protected fish

Fine wines, controversial French delicacies and a protected species of fish have all been slapped on the taxpayers' tab by government ministers.

Golden times for genetics firm

Golden times for genetics firm

The sheep and beef sector stands to gain by a potential $845 million in added value during the next 20 years once a new Dunedin-based genetics research and development entity hits its stride. Yvonne O'Hara reports.

12 dead, scores injured in Taiwan gas blast

12 dead, scores injured in Taiwan gas blast

An explosion caused by a gas leak in Taiwan's second city killed 22 peeople, injured 270 and sent flames shooting 15 storeys into the air, a government agency said.

One dead as winds batter Australia

Strong winds have felled trees across Tasmania, killing a woman and leaving 10,000 homes and businesses without power.

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