The Reserve Bank has lifted the benchmark Official Cash Rate
by 25 basis points to 3.5 per cent.
Job losses at Fonterra's Canpac facility in Waikato show the
dangers of relying on dairy exports to China to sustain the
economy, union leaders say.
A container ship which lost power while navigating Otago
Harbour was pulled into deeper water by a tug - having had a
near miss with the shipping channel's sandbank.
Profit-taking and unease over Pacific Edge's plunging share
price have resulted in its shares shedding more than 60% in
value during the past six months.
Network Waitaki chairwoman Clare Kearney was last night named
as the winner of the 2014 Aspiring Director award organised
by the Otago-Southland branch of the Institute of Directors.
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