Dene Mackenzie

Otago is in desperate need of large scale investment in infrastructure if the region's tourism industry is to continue thriving, Otago Chamber of Commerce chief executive Dougal McGowan says.

Otago has slipped quickly down the ASB/Main Report regional economic scoreboard but business leaders say the ranking only tells half the story.

New Zealand and Australian sharemarkets are expected to open and remain flat today before public holidays in both the United States and the United Kingdom.

New Zealand commodity prices rose across the board last week, supported by a 4% gain in dairy prices.

Buried within Budget 2017 was the release of a discussion document proposing to reform the income tax deductibility of feasibility expenditure. Deloitte Dunedin tax partner Peter Truman said the...

The lack of action on shifting New Zealand’s top tax or reducing company tax has emerged as the main contentious issue for New Zealand businesses following the release of Budget 2017.

The Government will spend $2billion on a family incomes package which combines lifting tax thresholds and increasing Working for Families entitlements to put more money in the pockets of taxpayers.

The Maori Party, which aims to retake the Maori seats it does not hold from Labour, could yesterday  point to $122million in Budget 2017 to spend in an election year.

Changes in tax thresholds and Working for Families entitlements were well signalled,  but there were some surprises in Budget 2017 announced yesterday by Finance Minister Steven Joyce.

National has done its best to buy Labour out of the September 23 election by delivering a Budget which has something for nearly everyone.

The Government has the best chance today in its nine years in power to take Labour out of the social spending equation with the delivery of Finance Minister Steven Joyce's first Budget.

New Zealand First has selected a group of five eclectic candidates for its ''Deep South'' electorates.

The Government has been rolling out pre-Budget announcements since late last month, clearing the way for one big announcement today.

April's $578 million trade surplus was ahead of market expectations and was part of a good news day for New Zealand along with Fonterra's increased payout forecast.

New Zealand First leader Winston Peters announced his five "Deep South" candidates this morning during a speech to about 90 mainly older people in Dunedin.

The New Zealand economy is not at risk of overheating, notwithstanding the growing pressures in the construction sector, Westpac acting chief economist Michael Gordon says.

Changes to the tax system are high on the Budget 2017 wish list of business advisers and representatives in Otago and it is likely some of their wishes will come true.

Nomos One decided to participate in the Dunedin City Council’s business internship programme, never believing the results would be so spectacular  just five months on.

The Government will borrow $1.1billion from the private market through a domestic bond issue to help fund 34,000 new affordable homes in Auckland.