'Growth in key customer segments' drives Westpac NZ profit increase
Westpac Bank New Zealand's full year profit rose 13% with increased revenue and a big drop in bad debts.
Business
Santana Minerals fast-track application begins
Santana Minerals fast-track application begins
Updated 12.15 pm
Santana Minerals has formally lodged a fast-track application for New Zealand’s biggest new gold project in more than four decades.
Student recognised for education pathway tool
Student recognised for education pathway tool
University of Otago medical student Josiah Bugden has won the Momentum student entrepreneur category in the KiwiNet Research Commercialisation Awards.
Sights set on hydrogen flight
Sights set on hydrogen flight
Christchurch deep-tech company Fabrum is a step closer to helping make Australasia’s first hydrogen flight with joint venture partners after filling aviation tanks with liquid hydrogen at the airport.
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Departing owners won’t miss everything
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Departing owners won’t miss everything
Incredible staff and customers will be missed but the 5.30am alarm will not be, one of the Roxburgh supermarket owners said as he prepared to leave the business he has run for 13 years.
Are you paying for more broadband than you need?
Are you paying for more broadband than you need?
Research from comparison site NZ Compare has found that many older New Zealanders, in particular, are paying too much for broadband because they are not shopping around.
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Street Legal put into voluntary liquidation
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Street Legal put into voluntary liquidation
A Christchurch retailer has failed to survive a crowded shoe market, resulting in debts to creditors of more than $600,000, including outstanding wages and holiday pay for staff.
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Patersons celebrating past while forging new path
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Patersons celebrating past while forging new path
It is a special year for Patersons.
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Selling off dairy brands necessary, chairman says
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Selling off dairy brands necessary, chairman says
Fonterra is no different from any other business — if any part of it is not performing, then it needs to be fixed or sold, Otago Federated Farmers chairman Luke Kane believes.
Record sales of $55m
Record sales of $55m
Mt Cook Alpine Salmon has reported its strongest ever financial results including record sales of $55 million.
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Stake sale ‘ultimatum’ seen as reason to decline licences
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Stake sale ‘ultimatum’ seen as reason to decline licences
The co-owner of a South Dunedin pub who failed to disclose his convictions has vowed to sell his stake in the business if it means its liquor licences are granted.
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Longstanding Dunedin motorcycle business closes
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Longstanding Dunedin motorcycle business closes
A "poor economic climate" has resulted in the closure of a nearly 40-year-old Dunedin motorcycle business.
Consent to take 65% stake in Alliance
Consent to take 65% stake in Alliance
Toitū Te Whenua Land Information New Zealand has granted consent, under the Overseas Investment Act, for Delmec Unlimited — part of the Dawn Meats Group — to take a 65% stake in Alliance Group.
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Filled jobs rise 0.8% in Otago
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Filled jobs rise 0.8% in Otago
Otago has bucked the national trend for the number of people in work, but some jobs are still attracting hundreds of applicants.
South Port announces record full-year results
South Port announces record full-year results
South Port has posted record full-year results, highlighting strong growth in cargo volumes, robust financial performance and continued progress across key strategic initiatives.
Farmlands back in the black
Farmlands back in the black
The nation’s largest rural-supply store Farmlands has turned around a disappointing financial result a year ago with a profit credited to business improvements.
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'Serious concern' as pub licence opposed
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'Serious concern' as pub licence opposed
An embattled South Dunedin pub has landed in hot water once again due to a new owner’s run-ins with the law.
Liquidator appointed for Thai2Go
Liquidator appointed for Thai2Go
A Cromwell organic Thai restaurant business, connected to a failed North Otago organic vegetable operation, has been placed in liquidation.
No longer any employee representation on WorkSafe board - CTU
No longer any employee representation on WorkSafe board - CTU
The government needs to include employee representation on the WorkSafe board, says the Council of Trade Unions.
Farm insurance claims climb to over $10m
Farm insurance claims climb to over $10m
The phones are running hot as farmers dial in insurance claims climbing to over $10 million already for weather damage, in which southern farms were hit hard.