If grinning engineers is a yardstick of success, Farra Engineering’s latest $1 million-plus building maintenance unit has passed its tests and trials with flying colours.
Dunedin probiotics manufacturer Blis Technologies continues to predict full-year revenue will come in above $7 million, and that it will turn a small maiden pre-tax profit.
The Government, employee organisations and unions have locked horns over proposed recommendations to implement national wage bargaining through fair pay agreements.
For the third time in seven months Dunedin specialist bedding manufacturer Ellis Fibre is being taken to court over a debt, propelled there by threats of liquidation.
Air New Zealand has downgraded its revenue expectations because of an estimated $30million to $40million impact on flight scheduling, ongoing Rolls Royce engine problems and a slackening tourism...
The country's annual trade deficit has ballooned to $5.9billion - the largest in 11 years - eroded by volatility in imported fuel costs.
Port Otago may have dodged an expensive bullet when alert staff shut down a container crane motor, before its bearings assembly became irreparably damaged
Dunedin cancer diagnostic company Pacific Edge's shareholder placement plan raised the $5million sought.
International visitors continue to boost tourism in the South as arrival numbers and guest nights increased during November and December.
Household and retail spending is expected to grow at a "moderate" rate this year and next with about 5% growth.
A solution to the age-old and finicky problem of removing fine bones from salmon fillets is being sought by a specialist Dunedin engineering and robotics company.
Oceana Gold remains bullish its New Zealand operations in East Otago and Waihi, in Waikato, will have mine life extensions confirmed this year.
Waikaia Gold has pulled the pin on its gold dredging operation in northern Southland, and is scheduled to finish in March.
Annual inflation is up slightly to 1.9%, just shy of Reserve Bank expectations it would hit 2%, the mid-point of its 1%-3% target range.
Inflation figures due for the December quarter are expected to remain flat, the annual rate sitting at around 1.9%.
Solid tourism numbers underpinned a good December for Otago and Southland's service sector but labour shortages continue to rankle with many employers.
The $4 million expansion of Scott Technology's Dunedin site is well under way and is now on-track for completion later in the year.
Levels of economic confidence in Otago and Southland are among the highest in the country while Otago households have posted a third consecutive quarterly rise.
Simon Hartley reviews Otago’s economy with Kevin Winders and Dougal McGowan, the chief executives of Port Otago and the Otago Chamber of Commerce, respectively.
The average asking prices nationally for houses over December made their smallest gains in six years, but Otago's "modest" 2.2% gain still propelled the average asking price to an all-time high.