Manufacturing in Otago and Southland during November eased back from October, but key indicators such as new orders and deliveries of raw materials remained strong and in expansion.
The past few days have been a boon for Dunedin’s hospitality and retail sectors as graduands and passengers from multiple cruise ships descended on the city amid pre-Christmas shoppers.
Growth in the quarterly gross domestic product (GDP) flagged in data out this week is expected to reflect a slowing in the economy, from a combination of high petrol prices and slower pace in...
The private charter tug Christine Mary left Dunedin early yesterday bound for Auckland, having delivered an 85 tonne barge to Port Otago earlier in the week.
Median house prices across the country continue to rise, six regions recording new highs, including Southland.
Falling Australian house prices could dampen New Zealand prices, but that is likely to be counterbalanced by lower interest rates, elevated immigration and housing shortages here.
The multibillion-dollar takeover battle for Trade Me is over, US company Hellman & Friedman having formally withdrawn from the race.
Port Otago is looking to double its dredging efficiency with the purchase and delivery of a barge worth more than $1.5million, which was towed from Auckland to Dunedin this week.
Re-entry into the Pike River Mine moved a step closer with the crucial installation of a nitrogen-producing plant to remove the dangerous levels of methane from the closed-off mine shaft.
The ante has been upped in the Trade Me takeover battle, with London-based Apax Partners increasing its bid from $2.54b to $2.56b - matching the bid of US firm Hellman & Friedman.
Dunedin exporter Southern Clams now has approval to commercially harvest cockles from Otago Harbour, having previously been banned by fisheries regulations.
The award-winning Dunedin division of engineering specialist Milmeq is closing with the loss of 40 jobs.
The shock closure and loss of 40 jobs at Dunedin engineering company Milmeq only reinforces the need to create an engineering hub in the city, according to one of its promoters.
Otago's economic activity remains in the top three areas around the country for growth, underpinned by a population boost, the rural economy and housing.
A nine-year study of New Zealand listed company chief executives’ market disclosures has raised concerns about "unusual financial disclosure strategies".
Dunedin's residential property market is running so hot premiums of $100,000 above house price expectations have been paid to secure properties, according to city real estate agents.
The use of capital value (CV) as a measurement of what homes may be worth is a grey area for both sellers and buyers and most real estate agents see little relevance in CV data.
Dairy auction prices snapped a seven-time losing streak and rose 2.2% overall in Fonterra's latest fortnightly GlobalDairyTrade auction.
Oamaru cheesemaker Whitestone Cheese has clinched an important export deal, having just delivered its first consignment of 100 rounds of Vintage Windsor Blue cheese to France.
A second multibillion-dollar takeover offer has been made for internet auction site Trade Me, upping the stakes for shareholders.