Ridership grows in price war
Ridership grows in price war
A fare-cutting duel is intensifying in Christchurch as competition heats up between rideshare rivals Uber and DiDi.
Business
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Santana chair obtains 1.6m shares after drill result
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Santana chair obtains 1.6m shares after drill result
Santana Minerals’ board chairman has bought more than $800,000 worth of shares within a day of the company announcing high-grade gold drill results.
Banks bump up interest rates following OCR rise
Banks bump up interest rates following OCR rise
ASB, BNZ, Westpac and Kiwibank have all now made adjustments to their floating interest rates, in the wake of this week's official cash rate increases.
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Soaring fuel costs hurting vulnerable people: study
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Soaring fuel costs hurting vulnerable people: study
Skyrocketing fuel costs over the past few months have left many vulnerable people with little choice but to either absorb rising transport costs or miss essential trips to healthcare appointments,...
Chicken restaurant finally open after customers cry fowl over delay
Chicken restaurant finally open after customers cry fowl over delay
A new Dunedin chicken restaurant has finally opened its doors after ruffling the feathers of hungry customers who were turned away this morning.
Oil price surge reinforces inflation fears - Reserve Bank
Oil price surge reinforces inflation fears - Reserve Bank
The Reserve Bank governor says events over the last 24 hours reinforce the bank's concerns about inflation.
Retailers nervous, economists more optimistic after OCR rise
Retailers nervous, economists more optimistic after OCR rise
The official cash rate (OCR) rise is causing mixed reactions among experts, from nervousness to optimism.
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Creditors $6.9m out of pocket after liquidation
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Creditors $6.9m out of pocket after liquidation
A Queenstown company once involved in the construction of Dunedin’s Forsyth Barr Stadium has left creditors nearly $7 million out of pocket 15 years after entering liquidation.
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New fast-food outlet makes Dunedin debut
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New fast-food outlet makes Dunedin debut
A global restaurant franchise making its Dunedin debut hopes the city’s cold climate will be part of the reason customers give its chicken a try.
Global dairy prices slip 5% in third fall
Global dairy prices slip 5% in third fall
Dairy prices slid nearly 5% in the largest decline in two years on the Global Dairy Trade (GDT) auction.
OCR raised to 2.5% and may go higher
OCR raised to 2.5% and may go higher
The Reserve Bank has raised the OCR for the first time in more than three years to tackle inflation pressures, and signalled more increases this year.
Dunedin-based firm backs stadium
Dunedin-based firm backs stadium
MTF Finance is reinforcing its commitment to Dunedin.
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Antarctic booster for Christchurch
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Antarctic booster for Christchurch
Christchurch’s Antarctica workforce has room to generate an estimated $158 million in the local economy, an expert says.
Is the NZ economy about to turn a corner?
Is the NZ economy about to turn a corner?
ASB economists say the worst may be mostly over for the New Zealand economy.
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Job growth improving in Otago: report
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Job growth improving in Otago: report
Some positive news has been reported about job growth in Otago though wage increases remain tight.
Critical minerals projects to get $50m govt funding
Critical minerals projects to get $50m govt funding
Two critical minerals projects on the West Coast are getting up to $50 million from the Crown to co-fund the construction of processing facilities.
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Time off after mishap cost farmer
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Time off after mishap cost farmer
As farm injuries go it was fairly tame but dismounting from a tractor came at a price for Leeston arable farmer David Birkett.
Australian executive new Dunedin stadium boss
Australian executive new Dunedin stadium boss
Forsyth Barr Stadium's new boss says he was attracted by the stadium's "phenomenal legacy as a world-class, ‘must-play’ destination for major acts touring New Zealand".
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‘Business as usual’ after vineyard sale
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‘Business as usual’ after vineyard sale
A Singaporean has bought a vineyard, which produces award-winning wines, near Cromwell.
Michelin arrival leaves sour taste
Michelin arrival leaves sour taste
Poor selection, a frustrating ceremony and mispronounced names are a few criticisms that one Kiwi chef has for the Michelin Guide team.