Otago Daily Times: Business News

110 jobs likely to go at Fonterra plant

Around 110 jobs are likely to lose their jobs at Fonterra's Canpac plant in Waikato as it changes its focus.

'Sustainable' regional revival needed

'Sustainable' regional revival needed

Local Government New Zealand is welcoming a Labour Party pledge to revive the regions with a $200 million fund but Economic Development Minister Steven Joyce is calling it a sop to the regions.

'Taiaroa' welcomed

'Taiaroa' welcomed

Port Otago's new workhorse tug Taiaroa arrived in Port Chalmers yesterday, following a 40-day delivery voyage from Vietnam.

Spread development more evenly, mayor says

Spread development more evenly, mayor says

There was more to regional development than just putting money into particular projects, Dunedin Mayor Dave Cull said yesterday.

Delay raising cash rate, CTU says

Delay raising cash rate, CTU says

The Reserve Bank is being urged to take a wider view of the economy as it prepares for its official cash rate decision tomorrow.

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