Business

'Strong year' for Oceana but costs up

'Strong year' for Oceana but costs up

Oceana Gold finished its calendar 2018 year with a more than $US120 million ($NZ174 million) profit, and debt slashed by almost 60%, but all to a backdrop of rising mining costs.

'CupCycling' initiative launches in Dunedin

Nick Maguire, of the Kind Grocer, and Steph Fry, of IdealCup, show the first of the cups to be...

'CupCycling' initiative launches in Dunedin

''CupCycling'' is all go in Dunedin.

Fletcher Building back in the black

Fletcher Building back in the black

Beleaguered Fletcher Building has returned to profit and there has been no addition to almost $1 billion in accumulated losses, which had prompted a sweeping restructuring and shareholder backlash.

Sky prices going up after losing 28,000 customers

After enjoying a string of price reductions over the past year, Sky subscribers are set for a price hike on April 1.

Heartland loan book reaches $4.22b

The loan book of dual-listed Heartland Group, which owns Heartland Bank, has topped more than $4.2 billion as it eyes up further strong growth in the reverse mortgage market.

NZME net profit drops 44%, paywall coming

NZME reported a net profit of $11.7m for the year ended December. Photo: RNZ

NZME net profit drops 44%, paywall coming

NZME's net profit is down 44 percent, reflecting difficult trading conditions and costs to develop growth businesses.

Rental squeeze hits teachers, students and pensioners

Hostel living around the world is easier than flatting in Dunedin. Photo: ODT

Rental squeeze hits teachers, students and pensioners

New Zealand's major cities are in the grip of a rental squeeze that is not only hitting students, including in Dunedin, but also pensioners and young professionals working as teachers, chefs and engineers.

Solid half-year result for Port of Tauranga

Total cargo volumes are up at Port of Tauranga, pictured, with a ninth crane ordered and 385m...

Solid half-year result for Port of Tauranga

Total trade for the country's largest port, Port of Tauranga, has risen almost 9% for its half-year result, with expectations its full-year profit will be at the upper end of a forecast range of ...

Index shows easing of activity in southern services sector

Index shows easing of activity in southern services sector

Otago and Southland's services sector activity eased back in January, barely in expansion mode.

All eyes on Tax Working Group report

Business and political news this week is set to be dominated by the long-awaited Tax Working Group report on Thursday - and its recommendations around a capital gains tax (CGT).

Govt moves to tax internet giants

Facebook says it has removed 32 pages and accounts from Facebook and Instagram as part of an...

Govt moves to tax internet giants

Internet giants such as Google and Facebook are in Government sights, with Cabinet agreeing to investigate a new tax on multinational companies targeting digital revenues.

Dunedin's oldest $2 shop closing

Mosgiel $2 & More co-owner Phil Tate, of Abbotsford, and shop assistant Cherish Thom, of...

Dunedin's oldest $2 shop closing

The longest-running $2 shop in Dunedin is closing next week.

Money laundering regulations proving cumbersome

New Zealand businesses - ranging from banks to car dealers - have to be able to detect money...

Money laundering regulations proving cumbersome

The Financial Intelligence Unit has estimated that more than $1billion dollars a year is generated through drug dealing and fraud in New Zealand.

South Island index takes quarterly hit

Queenstown-based global tourism operator Skyline Enterprises remains in the top four companies by...

South Island index takes quarterly hit

More than $2.3billion was wiped off the value of the Deloitte South Island Index of listed companies for the quarter to December, and share value of three of the top four companies declined.

Techweek co-ordinator tackling tech tasks

Lauren Saker is preparing a programme of events for Dunedin Techweek 2019. Photo: Linda Robertson

Techweek co-ordinator tackling tech tasks

Lauren Saker is talking tech.

Hyslop seeks Beef + Lamb NZ board position

Hyslop seeks Beef + Lamb NZ board position

Irrigation New Zealand chairwoman Nicky Hyslop is vying for a place on Beef+Lamb New Zealand's board.

Christmas shut-down reflected in figures

Manufacturing in Otago and Southland has delivered a seasonal January slump, largely credited to the Christmas shut-down period.

Rabbits and vintage fabrics find a new life in coats

Dunedin designer Jane Avery and the bespoke coats in her lower Stuart St studio. Photo: Christine...

Rabbits and vintage fabrics find a new life in coats

Fur or faux?

City Forests halts public access

City Forests in Dunedin has closed its forest estates to the public because of the extreme fire...

City Forests halts public access

Extreme fire danger has prompted City Forests to close its estates to the public and staff and contractors are working restricted hours, probably for several weeks to come.

NZ seafood shipments delayed at China ports

The Sanford Seafood factory gates. Photo: RNZ

NZ seafood shipments delayed at China ports

A New Zealand seafood exporter has struck problems in getting its produce into China, in what could be a sign of increasing tension.

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