Union man Jim Kelly of Dunedin, national president of the Rail and Maritime Transport Union for the past 21 years, did not stand for re-election this month. Industrial reporter Simon Hartley profiles more than three decades of Mr Kelly's involvement in the union movement.
Fletcher Building's forecast profit for the full-year 2012 has been downgraded over concern the New Zealand and Australian residential housing markets will remain soft and the rebuilding in Christchurch will begin later than expected.
Speight's brewery in Dunedin is getting a surprise $20 million redevelopment boost from its owner, Lion, to replace lost brewing capacity in Christchurch, with job numbers more than doubling to 27 once it is completed.
A record financial year for bellwether freighting company Mainfreight had the gloss taken off it by the Government's imposition of a one-off deferred tax liability charge, which slashed its after-tax profit from $36.4 million to $25.7 million.
Fisher & Paykel Appliances' full-year result tomorrow is expected to be booked at the lower end of guidance, but with its finance arm underpinning an increased after-tax profit up 35%-40% on the previous year.
Listed Dunedin biomedical company Pacific Edge has secured an exclusive licence agreement with a Spanish company to market its bladder cancer test - creating its second income stream after almost a decade in development.
Fear is gripping the world's financial markets this week with stock exchanges and currencies spiralling to new lows as the predicament of debt-laden Greece and Italy intensifies.
A fledgling energy resource from southern forest harvesting waste is gaining traction in Otago and Southland with a growing number of organisations installing or converting to wood-chip fired boilers.
Dunedin family company Christie Garden Products has been placed in voluntary liquidation by owner David Christie, owing almost $600,000.
Rising concerns that Greece may be unable to meet debt repayments have weakened most of the world's major stockmarkets.
A doubling of Crown Minerals funding to $14.8 million in the Budget has incensed the Green Party, which is opposed on several fronts to any expansion of mineral exploration or production in New Zealand.
The rejuvenated Australian mining sector is being hit hard by the strength of the Aussie dollar against the US, with some ASX100 resource stocks downgraded by up to 10%.
Some investors stung badly by the $4.2 million collapse of private Dunedin investment company Hurricane House are backing its former owner Paul Nicholson to re-enter the property market to recoup some losses for them.
Another 1% in the shares of Lyttelton Port of Christchurch has been cribbed by its majority owner, the Christchurch City Council in a $2.43 million transaction.
Utilities sector investment company Infratil has booked a 26% increase in annual after-tax profit, strongly underpinned by revenue from its purchase of 220 former Shell petrol stations and its Infratil Energy Australia holdings.
Shipping giant Maersk, Port Otago's largest customer, is dropping its weekly direct Southern Star transtasman service to Australia, the country's largest trading partner.
Dunedin-based biotechnology company Blis Technologies has posted its seventh consecutive loss - up 187% from the previous year's $482,000 loss to $1.38 million.
"Lives have been destroyed by this," says a former investor in the Dunedin-based private investment company Hurricane House, which collapsed into liquidation in February 2009.
Failed Dunedin businessman Paul Nicholson - whose previous investment company Hurricane House collapsed owing southern investors $4.2 million - has been soliciting for new investors to participate in buying a troubled $12 million subdivision in Central Otago.
South Port has upgraded its profit expectations for the full financial year on the back of continued strong cargo volumes across the wharves of Bluff.
