Otago Daily Times: Business News

Mortgage lending up $1.5 billion in May

Mortgage lending up $1.5 billion in May

Alarm Bells will be ringing for the Reserve Bank after May delivered a ''whopping'' $1.5billion growth in mortgage lending, with total New Zealand home lending now topping $202 billion.

Silica smelter feasibility being revisited

Economic development organisation Venture Southland (VS) is putting together a business case it hopes will entice an international investor to establish a silica smelter in the province.

Little new information, SFF says

Silver Fern Farms says it has reviewed in detail ''a number of times'' the costs and benefits of industry consolidation, including those related to a potential merger with Alliance Group.

Confident Kathmandu will survive

Confident Kathmandu will survive

Kathmandu's chairman, David Kirk, is confident of turning around the company's flagging trading fortunes as it steels itself to deal with the hostile $362 million takeover from Briscoes majority owner Rod Duke.

Pumpkin Patch downgrades earnings

Beleaguered Pumpkin Patch has issued an earnings downgrade and also told the market negotiations are under way for ''revised terms and conditions'' of its banking facilities.

ODT/directory - Local Businesses

CompanyLocationBusiness Type
Robbies Bar & BistroDunedinRestaurants
Berry & Co.OamaruLawyers
Arrowtown Pharmacy LtdArrowtownPharmacies
SAFE (Southern Area Fire Equipment)DunedinTraining & Education
Syndicate content