Croftpak debts top $914,000: liquidators
Liquidators are counting up the debts of Christchurch glass and plastic jar supplier Croftpak Ltd as estimates climb to more than $914,000.
Business
‘Exceptional demand’ for class A MTF Finance notes
‘Exceptional demand’ for class A MTF Finance notes
MTF Finance has completed its ninth public securitisation, achieving one of the strongest results in its history.
Last-ditch bid to stop sale of 65% of co-op
Last-ditch bid to stop sale of 65% of co-op
An 11th-hour plea has been made to Alliance Group farmer shareholders to vote against selling 65% of their co-operative to Irish meat company Dawn Meats.
Change at student-led consultancy
Change at student-led consultancy
University of Otago law student Bryn Dingemans first became involved in service clubs while at secondary school.
Young Enterprise team’s leather balm regional winner
Young Enterprise team’s leather balm regional winner
A 100% natural leather restoring balm has qualified four Dunedin high school students for a national business award.
Southland leading recent surge in job listings
Southland leading recent surge in job listings
New data from TradeMe shows job listings surged 13 percent last quarter, signalling a potential rebound in the job market - especially in the South of the South Island.
Heavy rain, snow give hydro lakes winter boost
Heavy rain, snow give hydro lakes winter boost
After fears of a dry winter, the country's hydro lakes have had a much-needed boost, and wholesale electricity prices are easing.
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Hopes prices are seasonal
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Hopes prices are seasonal
Cabbage prices have almost doubled over the past year, but Dunedin vege businesses are optimistic rising produce prices are mostly seasonal trends.
Dawn bumps up Alliance stake offer
Dawn bumps up Alliance stake offer
Dawn Meats Group has upped its offer for a stake in Alliance Group by up to $25 million on the back of the co-operative’s stronger-than-forecast year-end results.
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DVML defends tendering process
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DVML defends tendering process
Dunedin Venues has defended its decision to award a contract to a Christchurch company after being accused of aiding the city’s "direct competitor".
HelloFresh fined $845k over misleading cold calls
HelloFresh fined $845k over misleading cold calls
Meal box delivery service HelloFresh has been sentenced at the Auckland District Court for breaches of the Fair Trading Act.
Irish company raises bid for Alliance stake
Irish company raises bid for Alliance stake
The overseas investment offer to rescue red meat processor Alliance Group has got even sweeter. Irish company Dawn Meats has increased its proposed investment from $250 million to $270m, following...
GrabOne goes into liquidation
GrabOne goes into liquidation
GrabOne has gone into liquidation.
NZ's high-level credit rating reaffirmed
NZ's high-level credit rating reaffirmed
Leading credit agency S&P Global Ratings has reaffirmed New Zealand's AA+ rating with a stable outlook, but noted budget deficits and debt need to be tackled.
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Blasting, painting combine in $10m development
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Blasting, painting combine in $10m development
A Mosgiel truck refurbishment company has completed the first step of a planned $10 million three-build development.
Ad restrictions lifted for TV and radio
Ad restrictions lifted for TV and radio
The govt believes scrapping ad restrictions for broadcasters on Sundays and some public holidays could generate a multimillion-dollar boost for the industry.
Scott deal part of $44m of new contracts
Scott deal part of $44m of new contracts
Scott Technology has secured its largest-ever appliance contract in the US, as part of $44m of new contracts with multinational appliance manufacturers across the US and Brazil.
Hospitality sector next for regulations review
Hospitality sector next for regulations review
By Russell Palmer of RNZThe Regulations Ministry's next review will tackle the hospitality sector.
From Balclutha to the South Island’s largest supermarket
From Balclutha to the South Island’s largest supermarket
A couple who started out with New World in Balclutha some years ago today opened the South Island's largest supermarket in Canterbury.
Reserve Bank may ease loan-to-value ratios
Reserve Bank may ease loan-to-value ratios
The chances of first-home buyers getting a mortgage may improve with a proposal to allow banks to lend more to low-deposit borrowers.