Scott Technology is citing one-off strategic review costs and higher lease and financing costs for a 42% drop in after tax net profit to $4.5 million for the six months to February 29.
Resources Minister Shane Jones has praised an Otago goldmine as ‘‘the backbone’’ of New Zealand’s goldmining industry, and has called on the rest of the country to follow in its footsteps.
The Commerce Commission has filed proceedings in the High Court against One NZ for allegedly failing to ensure that vulnerable customers can call 111 during power cuts.
A Dunedin developer is investigating building a two-storey car parking building for his busy Andersons Bay Rd retail store as the South Dunedin shopping precinct continues to grow.
Bit by byte, things are coming together for Southland’s new multimillion-dollar data centre, as T4 Group announces it has bought the land it will build on.
A major workers’ accommodation complex proposed to alleviate some of Queenstown’s rental issues has hit a planning snag, after the airport company and other community groups opposed it.
PGG Wrightson chairman Garry Moore says recent boardroom distractions are over and it is doing its "darndest" to ensure staff, customers and shareholders get the attention they deserve.