Business

Kitchen Things staff receive payments, customers likely to miss out

Kitchen Things staff receive payments, customers likely to miss out

Employees of Kitchen Things and SolarZero have received their full preferential entitlement, the liquidator and receiver for both organisations says.

PM's exploration request just a stunt: Hipkins

Christopher Luxon (left) and Chris Hipkins. Photo: RNZ

PM's exploration request just a stunt: Hipkins

Labour's Chris Hipkins says he doesn't believe a letter from the Prime Minister asking him to commit to supporting offshore exploration for natural gas is a genuine attempt at building bipartisan consensus.

Tokoroa plywood plant to close

The future of the factory in Tokoroa had been up in the air for the last two weeks. Photo:...

Tokoroa plywood plant to close

Workers at Carter Holt Harvey's Tokoroa plywood plant have been told that 119 jobs will be lost.

Major bank cuts home loan rate below 4.5%

Major bank cuts home loan rate below 4.5%

BNZ says it will drop its one-year fixed home loan rate to a market-leading 4.49 percent.

Synlait to sell assets to US firm

Synlait is making moves to sell its North Island facilities to United States company Abbott for ...

Synlait to sell assets to US firm

Synlait Milk has entered an agreement to sell its North Island sites for $307 million to a United States buyer in a business shake-up to focus on core Canterbury operations.

Farmers aim to keep ownership

A group of Southland-based Alliance Group shareholders say the $250m offer by an Irish meat company for a 65% stake in the co-operative appears to significantly undervalue the business.

Union takes on supermarkets over staff access to water

Union takes on supermarkets over staff access to water

Workers First Union says it has had to take on a number of retail chain stores over employees' rights to have a drink bottle at work.

'Disgraceful': Stuff staff revolt at reduced pay offer

Staff at Stuff are striking over low pay offers and what they say are attempts to divide the...

'Disgraceful': Stuff staff revolt at reduced pay offer

Staff at media organisation Stuff are understood to be considering further strikes as the company reduces its pay offer for some staff.

Central Christchurch growth defies national slowdown

It is hoped the completion of the two remaining major central city anchor projects, One New...

Central Christchurch growth defies national slowdown

A new report shows central Christchurch is on the rise, despite challenging national economic conditions.

Central-city bar on the market

Central-city bar on the market

Central Dunedin bar Woof! is for sale.

Fonterra’s sale of Mainland hinges on special vote

Fonterra’s sale of Mainland hinges on special vote

Fonterra accepts farmers may have mixed feelings about selling the Mainland consumer business to Frances Lactalis for $4.22 billion.

Flying on coffee

Flying on coffee

Ash Thom, general manager of Dunedin Airport’s new cafe, Fuel to Fly, pours a coffee yesterday before the cafe’s opening this morning.

More butter, cream cheese production

More butter, cream cheese production

Fonterra is about to pump more money into producing butter and cream cheese as shoppers continue to feel the pinch of high prices in supermarkets.

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Businesses losing trust in councils: chief exec

Mike Collins. File photo: Linda Robertson

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Businesses losing trust in councils: chief exec

Businesses are giving up on engagement with local councils out of "pure frustration" and more effort is needed to win back their trust this election, a Dunedin business leader says.

Sealord proposing further job cuts

Sealord's Nelson site. Photo: Sealord via RNZ

Sealord proposing further job cuts

Sealord is proposing to cut a further 59 jobs and make parts of its Nelson operations seasonal.

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Former Lone Star Dunedin operator liquidated owing $650k

The Lone Star on George St. PHOTO: ODT FILES

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Former Lone Star Dunedin operator liquidated owing $650k

The former operator of a popular Dunedin restaurant has been liquidated owing the IRD $650,000.

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Port doubles profit; $18m dividend paid to ORC

Two container ships and a bulk carrier share space in the Port Otago harbour basin. PHOTO:...

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Port doubles profit; $18m dividend paid to ORC

Port Otago has more than doubled its net profit over the past financial year despite a decline in both cruise ship numbers and container movements.

Fonterra confident it can extend double-digit payout streak

Fonterra confident it can extend double-digit payout streak

Fonterra is "confident" it can get another double-digit payout over the line after handing farmers a record $10.16 for each kilogram of milksolids produced in 2024/25.

Exploration ban lifted with faster approval process

Exploration ban lifted with faster approval process

It will also be easier for hobby miners to undertake "small-scale gold mining activity" predominantly in Otago and on the West Coast.

Treasury suggests pension age at 72, GST at 32%

Treasury's latest long-term fiscal statement outlines the pressure that an ageing population will...

Treasury suggests pension age at 72, GST at 32%

Someone is going to have to pay to keep the country's finances in order while the population ages, but who and how need to be decided soon.

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