Otago and Southland's manufacturing sector remains in contraction and is at its lowest level for 13 months, mirroring a nationwide levelling off of expansion.
Royal Dutch Shell plans to sell its remaining New Zealand business to Austrian oil and gas giant OMV AG for $US578million ($NZ794million), part of its $US30billion international divestment programme.
Mediation failed yesterday between Lyttelton Port Company and the Rail and Maritime Transport Union, and strike action is set to resume from midnight next Tuesday.
Australasian dental group Abano Healthcare is set to report a one-off $2.1million gain in its full-year result, after completing the $17million sale of its Auckland-based Ascot Radiology unit to...
Year-on-year median house prices continued to climb across the country, Otago and Southland both bettering the national average gain of 6.9% for February, which rose from $496,000 to $530,000.
A fortnight-long strike at Lyttelton Port has not yet prompted any increase in export or import volumes at Port Otago, but that may change in the weeks ahead.
Lamb prices have set a March record, having hit more than $7 a kilo during the past fortnight.
Forest & Bird is appealing a High Court decision which recently found the Crown Minerals Act overrides the Reserves Act, which could allow a West Coast coal mine project to proceed.
Guest nights reached record levels in January at almost 5 million, after boosts to both hotel and holiday park accommodation.
ODT senior business reporter Simon Hartley asks if cracks are appearing in the southern housing market. Quotable Value spokeswoman AndreaRush believes there is no regional downturn.
New Zealand inked the controversial 11-country Comprehensive and Progressive Agreement on Trans Pacific Partnership in Chile yesterday, to widespread business acclaim.
The Commerce Commission has cleared giant US food company Kraft Heinz to buy Cerebos Food & Instant Coffee and Asian Home Gourmet, subject to the divestment of some sauce brands.
The Warehouse has posted a 16% decline in first-half profit, and released new guidance its expects full-year profit to decline on last year by 22% to 25%.
A unique $1 million "knuckle-boom" crane imported to New Zealand is expected to have plenty of use in Central Otago's booming construction sector.
Speacialist manuka honey exporter New Zealand Honey Specialties - trading as the New Zealand Honey Company - has been bought out of receivership, for an undisclosed sum.
Port Otago will remove thousands of sheets of deteriorating asbestos cement roofing panels from a 325m-long Dunedin warehouse.
A zoning decision is due out in late April which will determine what building density can be applied to 9.5ha of land above Queenstown, being sold by the Queenstown Lakes District Council.
Building work put in place for the quarter to December rose 1.4%, underpinned by non-residential work, and much of that in Christchurch.
Auckland and Queenstown Lakes continue to cool while Dunedin, Central Otago and the Mackenzie district have posted gains well ahead of national averages.
Under-fire Fletcher Building has secured a crucial waiver from one of its United States lenders, and has until the end of the month to finalise new funding terms.