Liquidation follows aircraft repossession
Liquidation follows aircraft repossession
A High Court judge has ordered a Queenstown company which owes money on two helicopters into liquidation.
Riley Kennedy
Goods delivery under threat
Goods delivery under threat
There is "real worry" in the transport industry as a lack of truck drivers and reduced interisland ferry sailings are putting pressure getting freight to the South Island.
Pressure on supply chain affects meat
Pressure on supply chain affects meat
Meat companies are warning farmers to be prepared to hold on to livestock for longer as the Omicron outbreak begins to cause processing delays.
Housing market slows as lending becomes restrictive
Housing market slows as lending becomes restrictive
Tight lending rules have caused mortgage conversion rates to continue to drop in Otago and Southland, latest figures show.
Redcurrent shutting down Dunedin store
Redcurrent shutting down Dunedin store
Homeware and lifestyle retailer Redcurrent is closing its Dunedin shop this week.
Developer seeks to wake ‘sleeping gem’
Developer seeks to wake ‘sleeping gem’
The "sleeping gem" of South Dunedin could once again shine, a property investor says.
Small towns may feel worse fuel pain
Small towns may feel worse fuel pain
Higher fuel prices could hit smaller towns in the South harder, the Automobile Association says.
Suggestion GDT could lift milk payout to $10
Suggestion GDT could lift milk payout to $10
The Russian invasion of Ukraine could push dairy prices higher at tomorrow’s GlobalDairyTrade (GDT) auction, analysts say.
Price almost double valuation
Price almost double valuation
A Dunedin commercial property has sold for almost double its valuation.
Taxi firm creditors may not get their money back
Taxi firm creditors may not get their money back
Creditors of a Dunedin taxi company have claimed they are owed nearly $700,000 and liquidators say it is unlikely many will get their money.
Commentator keen to gather insights first hand
Commentator keen to gather insights first hand
Brad Olsen has risen to be one of New Zealand’s leading economic commentators — breaking down the big terms for households to understand. He talks to Riley Kennedy about his path into economics and...
Volatility expected to hit KiwiSaver balances
Volatility expected to hit KiwiSaver balances
KiwiSaver balances will be hit by market volatility caused by the conflict in eastern Europe, Dunedin sharebrokers say.
Halal butcher lack threat to industry
Halal butcher lack threat to industry
Hundreds of Southland workers risk losing their jobs and a meat processing chain could close as a result of a halal slaughtermen shortage, a new report warns.
Positive test forces restaurant to close its doors
Positive test forces restaurant to close its doors
"Gut-wrenching." That was how Filadelfio’s Pizza owner Logan Beck described the feeling of having to close his business for a week.
Log ship vacuum eats into revenue
Log ship vacuum eats into revenue
Lower prices caused by weaker demand from China has seen log export volumes drop by 30% at Port Otago in the first half of the financial year.
OCR lifted to 1%, more increases signalled
OCR lifted to 1%, more increases signalled
The Reserve Bank has lifted the the cost of borrowing and signalled further hikes are on the way.
Counselling extended to staff
Counselling extended to staff
A counselling service aimed at helping small to medium-sized business owners in Queenstown has been extended to employees.
Pacific Edge falls under $1
Pacific Edge falls under $1
Pacific Edge’s share price on the NZX has fallen below $1 for the first time in nearly a year.
Nobody else for sole worker to call
Nobody else for sole worker to call
If Bridget Paape gets Covid-19, it could be a "complete disaster" for her business.
Business support package welcomed but stress remains
Business support package welcomed but stress remains
Reaction in the South to the Government’s new Covid-19 business support package has been mixed.