Auckland, Dunedin, Otago and the Central Otago Lakes regions
all enjoyed house price gains of about 10% during the past
year, but there any close comparisons ends.
Casino operator SkyCity's share price fell yesterday, despite
the company reporting a much improved profit and lifting its
dividend to 10.5c per share.
Otago-Southland manufacturers remain positive although there
was a "mixed bag of results'' in the latest Performance in
Manufacturing Index released yesterday.
Otago is among the top three regions in the country
delivering the highest gross return on investment (ROI) to
investors from owning residential rentals.
Solid Energy says a decision on whether the Stockton coal
mine should be closed is "pending", and it expects to make a
decision in the next few months.
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