The Government remains on track to return its accounts to surplus by 2015 and Finance Minister Bill English says the result for the year ended June was considerably better than Treasury forecasts.
Troubled state-owned coal miner Solid Energy is looking to the future and a reinvestment in its key coal mining regions once there is a sustained improvement in the market.
Transtasman and Asian financial markets will be in something of a vacuum today as the political standoff in the United States drags on for another day.
The New Zealand dollar is likely to come under pressure in coming weeks if the United States Government shutdown continues, BNZ currency strategist Mike Jones said yesterday.
Concern is growing over the United States budget shutdown extending further into October as it becomes more likely the standoff will merge with a fight over raising the US debt limit.
The short-term high dividend yield offered by Meridian Energy made the shares worth buying through to the upper retail limit of $1.60, Wanaka-based Logic Fund Management said in its research note.
The Reserve Bank was too quick in ruling out regional exemptions for its recently introduced loan-to-value ratios, Labour finance spokesman David Parker said yesterday.
Cancer specialist Pacific Edge had joined an elite group of organisations outside the United States with the registration of its Dunedin laboratory to conduct tests under US rules, chief executive David Darling said yesterday.
The low level of new housing supply has contributed to an imbalance in the housing market and resulted in strong increases in Auckland and Canterbury house prices, ASB senior economist Jane Turner says.
Financial markets are taking the first government shutdown in the United States for 17 years in their stride, in the expectation the political standoff will be short-lived, Craigs Investment Partners broker Chris Timms says.
Labour MPs will be given less than two days to pledge their loyalty to newly-elected leader David Cunliffe or face reassignment of their duties.
The damaging nature of information and reports relating to the proposed restructuring of AgResearch, and in particular Invermay, may be why the government agency has delayed answering an Official Information Act request by the Otago Daily Times.
Prime Minister John Key managed to clear an ''air of tension'' in the room yesterday when he addressed the Otago Chamber of Commerce, president Peter McIntyre said.
The "Labour's got talent" show will roll into Dunedin as the three MPs trying to become the next leader of the Labour Party take their case to southern party members.
Gen-i was demonstrating its commitment to the local market and confidence in Dunedin as a growth region by spending $2m building a new data centre in the city, general manager Steve Mills said yesterday.
An exodus of leading New Zealand scientists could occur after the restructuring of AgResearch's Invermay facility, former Invermay director Conway Powell says.
Dunedin Mayor Dave Cull has called the plans by AgResearch to relocate 85 jobs at Invermay, near Mosgiel, to other parts of the country ''appalling''.
Economic Development Minister Steven Joyce is being urged to review the proposal by AgResearch to cut 85 jobs from Invermay and shift them to either Lincoln or Palmerston North by 2016.
The lack of transparency from AgResearch about the changes it plans to make to Invermay has been criticised after the crown research institute failed to respond in time to an official information request.
More than half of Otago small and medium-sized enterprises (SMEs) receive business income from the rural sector.
