Otago and Southland are among five regions in the country reporting record median house price gains for January, as Auckland and Canterbury prices continue to ease.
The new Rio-class container vessels visiting Port Chalmers weekly are causing sleepless nights for some residents, because of large, noisy generators aboard the bigger ships.
Rubber product manufacturer Skellerup has turned in a record $13.4million half year after tax profit, largely through strong growth in its industrial division.
Plans to change the way vocational education is delivered have been welcomed by the Otago Southland Employers' Association, but there's concern at what effect it will have on Otago Polytechnic and SIT.
The Reserve Bank yesterday kept the interest-driving official cash rate at its record 1.75% low, as expected, but pushed out the next likely rate change into 2021.
South Port at Bluff is predicting a 10% downturn in revenue for its full year ahead as it grapples with repairs and maintenance, likely to cost it $750,000 to just over $1million off its profit line.
Log exports and increasing container numbers from the Port of Tauranga are expected to underpin its half-year result, due for release next Monday.
Double-digit growth in many southern average house values during the past year has driven home the housing unaffordability issue which is conspicuous in parts of Otago.
South Port at Bluff has posted a revenue boost to almost $21 million for its half year trading, but repairs and maintenance costs saw its after-tax profit undermined.
The Reserve Bank is being picked to acknowledge the increasing negative risks to New Zealand’s economy this week, but not to yet make a move on monetary policy.
Amid record returns for forestry exporters, the sector in New Zealand is being warned to take notice of the global demand for logs is beginning to trend downwards.
A caution has been thrown out to New Zealand’s smaller, domestic market wineries which might be finding it more difficult gaining access to distribution channels.
Farmers’ confidence in the economy has hit a nine-year low with just 5% expecting conditions to improve in the year ahead, largely because of the US-China tariff trade war and Brexit uncertainties.
Oceana Gold's mine at Waihi in the central North Island has the green light for its underground Martha project, after no appeals were filed against its recent resource consent application.
Employment during the quarter to December remained flat while the number of unemployed edged up by 0.3% to 4.2%, according to StatsNZ data released yesterday.
For the fifth consecutive fortnight, Fonterra's global dairy price auction has made gains, underpinned by a more than 8% boost to the critical whole milk powder price.
Numerous online customers of failed Ellis Fibre in Dunedin are concerned as to whether goods they have paid for will ever arrive.
The coming reporting season on the NZX is expected to reflect "steady growth forecasts" for earnings per share, but that does not translate to all shares in the retail and telco sectors.
Oceana Gold has set its 2019 production targets for the year ahead, including up to $88 million of capital investment at Macraes in East Otago.
Dunedin specialist bedding manufacturer Ellis Fibre has been placed in receivership by its owners, just a month after another company attempted to have it placed in liquidation.