The drought earlier this year appears to have taken its toll on manufacturing data for the quarter to June, with the combined volume of meat and dairy products down by 10%.
National average home values were up more than 8% on a year ago, but Otago's are well behind at less than half that gain.
Christchurch earthquake victims further embroiled in liquidation claims with collapsed insurer Western Pacific Insurance, of Queenstown, face refunds of 66c in the dollar, but that return could be further eroded for some.
Dunedin surveyors Terramark Ltd have gained a national award for their work on the 54-apartment Santa Sabina development near the Dunedin Botanic Garden and Northeast Valley in the city.
Shareholders in West Coast mine developer Bathurst Resources have backed its almost $20 million capital raising efforts this week, its share price up slightly and stable.
Up to three drilling rigs and a drill ship are due in New Zealand over the next 12 months and, depending on results, the country could be ''re-rated'' as a more favourable destination for oil and gas explorers.
A third oil and gas explorer is in the early stages of assessing the Clipper prospect for deep-water test-drilling off the coast of Oamaru, having committed to a large $5 million to $10 million shipborne seismic hydrographic survey, beginning early next year.
Port Otago's contentious 15.5% stake in competitor Lyttelton Port of Christchurch (LPC) may yet pay a dividend.
One of Port Otago's best trading years has prompted another near-record total dividend of $12 million to 100% owner the Otago Regional Council, after posting its $14.6 million after-tax profit for the year to June.
Tourism Holdings' third-largest shareholder, UK-based Utilico Investments, has sold its 8.5% stake in the tourism camper van company for $5.7 million.
New Zealand's oil and gas, and minerals sectors are again to the fore of Government economic thinking, with the release of an inaugural combined report on the contentious sectors yesterday.
Dunedin-founded construction company Arrow International has landed one of the largest commercial building projects of the Christchurch rebuild.
West Coast specialist hard-coking coal mine developer Bathurst Resources yesterday received $18.9 million from institutional investors to boost its flagging cash reserves, on its way to raising up to $20.9 million.
Fracking for oil and gas around Otago and Southland is probably many years away, but the Taranaki Regional Council (TRC) has been dealing with the contentious issue for decades.
Shareholders in Dunedin-based Blis Technologies yesterday endorsed a share placement to raise up to $3 million to underpin its business development strategy.
Glass Earth Gold, New Zealand's largest gold explorer, is quitting the South Island and has sold its three Otago production sites in the Maniototo for $NZ1.75 million to local interests.
An export boost has lifted revenues at earthquake stricken Lyttelton Port of Christchurch, but the cloud of insurance claims still hangs over its extensive rebuild.
One-off costs and a weak Australian market have hit the after-tax profit and earnings before interest and tax (ebit) of camper van rental company Tourism Holdings Ltd (THL), but mergers last year are beginning to bear fruit.
The beleaguered resource sector can take some positives from Minister for Energy and Resources Simon Bridges, who has not ruled out more streamlining of resource consents processing, which has hamstrung or delayed some operations.
New Zealand's two largest gold-miners are continuing cost-cutting operational reviews and neither is ruling out further job losses.
