Dene Mackenzie

New Zealand Post's Standard & Poor's credit rating has not been affected by the state-owned entity's cash injection into its Kiwibank subsidiary.

National and Labour are finally catching up to something New Zealand First leader Winston Peters has been recommending for years - a review of the Reserve Bank Act.

Solid Energy has finalised the sale of its Ohai and New Vale mines to Greenbriar, which is owned by Palmer MH Group, a privately-owned South Island resources group.

Green Party co-leader James Shaw believes the  $1.4billion Crown surplus announced this week should not be totally spent on roads and bridges.

Air New Zealand will introduce an extra return jet-service flight for Dunedin on Sundays from July, a move welcomed by the Otago Chamber of Commerce.

Central Otago Lakes reached a new milestone in February by becoming the most unaffordable  region  in New Zealand to buy a first home.

The Government has more than $1.4billion surplus on its books after  higher than forecast tax revenue and lower than forecast expenses.

Otago has hit the lead in annual job advertisement growth, recording 35.7% growth, just ahead of Waikato on 35.5% and Nelson-Tasman-Marlborough on 35.4%.

Scott Technology yesterday reported a significantly higher profit for the six months ended February, saying it was well positioned to take advantage of the increasing demand for its skills.

The outlook for retirement village operator Summerset looked positive after the group achieved 171 sales for the quarter ending March, chief executive Julian Cook said yesterday.

Dunedin is becoming increasingly appealing as a base for high technology companies after recording the fastest fixed line broadband speeds in the country.

The Reserve Bank of Australia has left its cash rate unchanged at 1.5%, citing improving conditions in the global economy in recent months as its main reason for the decision.

Kiwi Property has recorded a net increase of about $38 million, or 1.3%, in the value of its portfolio, taking the total portfolio value to $3 billion.

Garry Weiss, who made his name as a corporate raider alongside Sir Ron Brierley in Industrial Equity, Brierley Investments and GPG, has taken a strategic stake in troubled Ardent Leisure.

NZ Binxi (Oamaru) Ltd has asked the Overseas Investment Office to continue the review process after withdrawing its takeover offer for Blue Sky Meats last month.

Orion Health management has taken full responsibility for the lower revenue expectations contained in a market update released yesterday.