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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.
Business
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.
Central-city bar on the market
Central-city bar on the market
Central Dunedin bar Woof! is for sale.
Sealord proposing further job cuts
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
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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
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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 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.
Fonterra posts $1.1 billion profit
Fonterra posts $1.1 billion profit
Dairy giant Fonterra’s profit after tax result of $1.1 billion for the financial year ending July is down 4% but its farmer shareholders have enjoyed a record payout.
North Otago’s Smith on board of Ravensdown
North Otago’s Smith on board of Ravensdown
North Otago farmer Jane Smith takes her seat around the board table of fertiliser co-operative Ravensdown at its annual meeting in Christchurch today.
Govt policies not sustainable for long-term
Govt policies not sustainable for long-term
The latest Treasury outlook on New Zealand's fiscal future indicates current government polices are not suitable for the long-term and change is required.
'I'm the captain': Luxon not worried by business survey
'I'm the captain': Luxon not worried by business survey
A survey of 150 chief executives and business leaders have ranked the Prime Minister the 15th best minister in his Cabinet.
Breman first woman to be Reserve Bank governor
Breman first woman to be Reserve Bank governor
The government has named the first woman to be governor of the Reserve Bank in its 91-year history.
Employers support changes, union and opposition fears for workers
Employers support changes, union and opposition fears for workers
Employers seem to be on board with the govt proposals to replace the Holidays Act, but unions and opposition parties fear they could trample workers' rights and entitlements.
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Milford call lauded as cruise visits fall 15%
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Milford call lauded as cruise visits fall 15%
Cruise ship visits are down by about 15% in Dunedin this summer and Mickey and Minnie Mouse are not going to make an appearance as tourism businesses face a hit in the pocket.
Ex-All Black's restaurant in $450k liquidation
Ex-All Black's restaurant in $450k liquidation
A company co-owned by a former All Black which ran a Canterbury restaurant has gone into liquidation owing more than $450,000 to creditors.
Luxon ranked 15th best minister in Cabinet
Luxon ranked 15th best minister in Cabinet
Prime Minister Christopher Luxon ranks 15th in Cabinet in a survey of senior business leaders who are also casting doubt on NZ's economic performance.