$35.5m 'best' surplus for Ngai Tahu
$35.5m 'best' surplus for Ngai Tahu
Seafood and property have proved to be good earners for Ngai Tahu Holdings Corporation in the year ended June 30.
Dene Mackenzie
South's services industries bounce back
South's services industries bounce back
The Otago-Southland services industries have bounced back from months of inactivity to record strong growth in September, the BNZ-Business NZ performance of services index shows.
Popular NZ wine brands being sold
Popular NZ wine brands being sold
French-owned liquor company Pernod Ricard NZ is selling some of New Zealand's best-known wine brands to Japanese-owned Lion Nathan NZ in a deal that requires Overseas Investment Office approval.
Pen mightier than the cupcake
Pen mightier than the cupcake
Columba College's Re-think Green team will represent the Otago region in the national final of the Young Enterprise Scheme awards in Wellington on November 3.
Queenstown Airport has good financial year
Queenstown Airport has good financial year
Queenstown Airport has reported a substantial increase in its operating profit for the year ended June but changing regulatory requirements mean some major differences in the way the accounts are presented publicly.
DCC bonds: most likely holders
DCC bonds: most likely holders
Confusion and misunderstanding remains in the community about how the Dunedin City Council raises money from bonds and who buys those bonds. Business editor Dene Mackenzie unravels the issue with Craigs Investment Partners broker Chris Timms.
Stadium bond chance missed
Stadium bond chance missed
The issuing of a stadium investment bond to allow Otago investors a chance to support the building of the new Forsyth Barr Stadium would have made sense, financial industry insiders say.
English hails rise in saving
English hails rise in saving
Finance Minister Bill English is welcoming the multi-billion-dollar move by households away from borrowing and towards saving in the past two or three years.
GST `correctly' charged: expert
GST `correctly' charged: expert
The confusion this week over how GST is charged by utility companies illustrates some of the complexities consequent of the rate change, Deloitte Dunedin tax partner Peter Truman says.
Firm's sights fixed on 3D
Firm's sights fixed on 3D
Animation Research Ltd managing director Ian Taylor has been pitching hard to win the contract to supply 3D images for the Volvo ocean race which starts at the end of the month.
Variations granted, but not as planned
Variations granted, but not as planned
Communications and Information Technology Minister Steven Joyce has approved a variation to Telecom's operational separation undertakings, but not as originally sought by the company.
Microsoft in touch-phone bid
Microsoft in touch-phone bid
Microsoft has come to the party late, but indications are the technology giant is about to throw everything it has to try to upstage Apple, Blackberry and Google in the touch-phone market.
Expert calls for clarity in LACQ changes
Expert calls for clarity in LACQ changes
Revenue Minister Peter Dunne is being urged to make a clear ruling when he announces the new rules surrounding the use of loss attributing qualifying companies, or LAQCs.
GST rise causes spike in spending
GST rise causes spike in spending
Consumers appeared to try to beat the rise in GST at the start of this month by bringing forward household purchases to September, the latest electronic card transactions show.
Aust dollar almost on par with US
Aust dollar almost on par with US
Currency concerns continue to dominate global markets after a "toothless" International Monetary Fund failed at the weekend to get agreement on easing currency tensions.
iPad for work and play
iPad for work and play
Gen-i client manager Matt Baker was a sceptic when the iPad was first released, describing himself as "almost agnostic".
Government looking at PAYE final tax
Government looking at PAYE final tax
The Government is considering making PAYE a final tax, removing the need or ability of taxpayers to deal with the Inland Revenue Department, Deloitte Dunedin tax partner Peter Truman says.
Data may push Aussie dollar on par with US
Data may push Aussie dollar on par with US
The Australian dollar could reach parity with the United States currency as soon as today if a United States payrolls report, released overnight, disappoints financial markets.
Access provider has confidence in association
Access provider has confidence in association
Wireless internet company owner Stuart Fleming is quietly confident that his decision to provide massive amounts of free internet to The Distiller will pay dividends for him and Dunedin.
Minding others' business
Minding others' business
For years, Dunedin has been grappling with ways to keep its best and brightest residents in the city. As parents have watched their children leave, many not to return, much handwringing by civic and community leaders has taken place.