Manufacturing activity in Otago and Southland for August was largely unchanged from the previous month, straddling the mid-point of contraction versus expansion.
News of Fonterra's first annual loss - of $196 million - in its 17 years of existence was delivered with candid apologies to farmers and unit-holders and promises that a fix-it plan was under way.
Otago and Queenstown continue to see above average annual gains in median house prices, as 14 of 16 regions across the country all showed median house price gains for August.
Strong gains in handling containers and record log numbers underpinned Port Otago delivering an increased $9 million dividend to its owner the ORC, for its full-year trading to June.
Port Otago now has more than 70 employees on its books earning more than $100,000 each.
Seabed mining and access to Department of Conservation land are just two of the contentious issues to be addressed during this year's national mining conference in Tauranga next week.
The end of the latest reporting season included a rallying in the market, which went against the grain as downgrades outweighed upgrades and mounting costs were highlighted by many listed companies.
A subsidiary company has been set up by aspiring seabed miner Chatham Rock Phosphate, to specifically examine the potential retrieval of rare earth minerals from the Chatham Rise seafloor.
A world-first medical diagnostic smartphone app developed in Dunedin by ODoc has enabled the company to secure its first overseas partnership, with Riyadh’s King Saud University.
The boom and bucket of Port Otago’s new backhoe dredge up on the wharf at Steamer Basin, in Dunedin’s upper harbour yesterday. Port Otago’s general manager of operations, Kevin Kearney, said that...
A yachtsman was lucky to survive 90 minutes in the water at Careys Bay last night.
From hand-turned wheels on cumbersome lathes and milling machines to 3-D computers, touch screens and robotics, there’s not much engineering innovation John Hyslop has not tackled during his past 50 years with Scott Technology.
A proposed new Dunedin engineering hub has secured $200,000 government funding to undertake a feasibility study, with a goal of hundreds more jobs for the city.
A restructuring at Dunedin's Farra Engineering is unlikely to displace any of the 154 staff employed in Dunedin or Christchurch.
Annual growth rates in house values around Otago and Southland continue to climb, but growth over the most recent quarter reveals an easing to 3% or less for most places.
A weak New Zealand dollar continues to cushion falling commodity prices, but concerns are mounting there could be a faster than expected deceleration in global growth.
Overall prices in Fonterra's Global Dairy Trade auction this week fell 0.7% to their lowest levels since October 2016.
Foresters and farmers are casting a wary eye over the Productivity Commission's wide-ranging report on NZ meeting its climate change target; especially the required annual forest planting rate of 100,000ha.
Steel & Tube's full-year result last week held no surprises for brokers, with most focused on the year ahead as restructuring measures ripple through the steel manufacturer and supplier.
The country’s largest power retailer has posted increased revenue and operating earnings, but analysts are looking closely at the effects of numerous "one-off’’ gains of Genesis Energy.