The number of first-home buyers in the real estate market is ''falling away'' but with still strongly rising prices, there is an overwhelming perception it is a buyer's market throughout most of New Zealand.
Pacific Aluminium, the Rio Tinto subsidiary which owns the Tiwai Point smelter, has been withdrawn from sale.
The University of Otago and the Otago-Southland Employers Association have expressed their disquiet at the proposed reduction in job numbers at AgResearch's Invermay facility.
Taieri-born-and-raised businessman Paul Ding expects his Yes Shop to be a game changer for the home television shopping and New Zealand market generally. He talks to business editor Dene Mackenzie about the success of his Korean company and his expectations at home.
The Government was doing plenty to encourage economic growth in Dunedin, Economic Development Minister Steven Joyce said in Parliament yesterday.
New Zealand First leader Winston Peters arrives in Dunedin today determined to talk to as many people as possible about the local and regional economy.
The Government's decision to supply the operator of the Tiwai Point aluminium smelter with $30 million to secure a power deal with Meridian Energy is seen as a cynical attempt to lift the state-owned power company's value to future shareholders.
As Otago struggles with layoffs and reduced hours for manufacturing workers, the region's unemployment rate continues to climb, rising 37% in the year to June.
Chorus shares rose in price yesterday as investors looking for certainty around the price of access to the company's copper network received some from Communications and Information Technology Minister Amy Adams.
New Zealand's annual unemployment rate rose to 6.4% in June but Statistics New Zealand figures showed employment also rose in the year by 0.4%.
Morningstar Research has put Fonterra Shareholders Fund units under review after the world's largest dairy exporter revealed some of its whey protein concentrate was contaminated.
The transtasman currencies are expected to react later this week to the 0.25% cut in Australia's official cash rate yesterday to 2.50%, the same as the New Zealand OCR.
The BNZ Confidence Index was at a record high at the end of July, but proof that confidence has shifted into the labour market will have to wait until tomorrow.
Property For Industry (PFI) got the reporting season proper off to a good start yesterday by lifting its operating earnings and reported profit for the six months ended June.
AgResearch dropped a bombshell last week by announcing it proposes to centralise its operations on Lincoln and Palmerston North, while cutting staff at Invermay and Ruakura. Business editor Dene Mackenzie talks to AgResearch chief executive Tom Richardson about the effect.
Despair and uncertainty continued at AgResearch's Invermay facility yesterday as staff digested the news of 85 jobs being shifted north by 2016.
SKY Network Television demonstrated its flexibility and willingness to meet customer requirements by announcing yesterday it will broadcast top English Premier League football games.
The New Zealand dollar closed in on the significant barrier of A90c yesterday and any relief for exporters to Australia looks unlikely in the near term.
Stronger house prices are encouraging sellers to put houses on the market with house listings rising 8.1% in July, figures released yesterday show.
Huge projects are at stake as AgResearch prepares to reduce staff numbers at Invermay and centralise on Lincoln and Palmerston North, Dunedin North MP David Clark says.
