Rocket lab signs $1.4b deal with US space agency
Rocket lab signs $1.4b deal with US space agency
Rocket Lab has scored its largest single contract to date.
Business
Small increase expected for forestry export revenue
Small increase expected for forestry export revenue
New Zealand forestry export revenue is forecast to rise 2% to $6.3 billion in the year to June 30, 2026, a report from the Ministry for Primary Industries says.
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You can have both farms and trees, Wenita boss says
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You can have both farms and trees, Wenita boss says
Wenita Forest Products is keen to see more domestic processing options developed in the South.
Albert Town properties rocket in value
Albert Town properties rocket in value
"If you bought in Albert Town a decade ago, you've basically won the property lotto."
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Wind event cleanup to last until mid-2026
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Wind event cleanup to last until mid-2026
The storm in the South on October 23 caused havoc in forests as winds flattened trees and snapped others off. Business and rural editor Sally Rae pays a visit to Wenita Forest...
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Six months to complete liquidation
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Six months to complete liquidation
Liquidation of a former Mosgiel-based residential building firm is expected to be completed within the next six months, the latest report says.
Aussie energy giant boss quits to become BP's first female chief
Aussie energy giant boss quits to become BP's first female chief
The head of Australia's largest oil and gas company has quit to helm an even bigger fossil-fuel company, in a move analysts have speculated about for months.
IKEA shuts down customer support centre after delivery woes
IKEA shuts down customer support centre after delivery woes
Homeware retail giant IKEA appears to be a victim of its own success.
Economy rebounds into growth
Economy rebounds into growth
The bounce back is above expectations, suggesting the country may be turning an economic corner.
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All go for South Dunedin industrial precinct
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All go for South Dunedin industrial precinct
A developer aiming to bring 12 businesses to a new multimillion-dollar industrial precinct in South Dunedin says the city is on the cusp of a boom.
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Farra gets first woman CEO
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New Farra CEO well suited to role
For the first time in its more than 160-year history, Dunedin’s Farra Engineering will have a woman leading the business.
Homeowners opting for fixed terms as rates rise
Homeowners opting for fixed terms as rates rise
Home loan customers are hustling to fix as rates start to rise.
South Islanders join shoppers flocking to new Ikea store
South Islanders join shoppers flocking to new Ikea store
Shoppers from as far away as Canterbury and Otago headed to Auckland's new Ikea store in its first week of operation.
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Pub given its final warning at hearing
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Pub given its final warning at hearing
A central Dunedin pub with a history of locked fire exits and patrons abusing police has been warned it could face prosecution if it slips up again.
Power off for thousands of Kiwis a month, data shows
Power off for thousands of Kiwis a month, data shows
More than 10,000 households a month have their power disconnected, new data shows.
FMA probing Chance Voight entities
FMA probing Chance Voight entities
The Financial Markets Authority is investigating Christchurch-based Chance Voight Investment Corporation Ltd (Chance Voight)
Govt books bleaker than forecast, surplus pushed out again
Govt books bleaker than forecast, surplus pushed out again
The government's financial position is looking worse for longer with a delay in getting to surplus and bigger deficits, according to new Treasury forecasts.
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Dunedin building firm owes $850K
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Legal action against building firm owing $850K
Master Builders has commenced legal proceedings against a Dunedin construction company that has been put into liquidation owing $850,000.
Surcharge warning for shoppers
Surcharge warning for shoppers
Shoppers are being told to "swerve" any unreasonable surcharges they encounter this Christmas.
NZ's biggest bank lifts home loan interest rates
NZ's biggest bank lifts home loan interest rates
ANZ has become the latest bank to lift home loan interest rates - as the Reserve Bank moves to push back on markets pricing in increases.