Bright outlook for takeover target Acurity
Bright outlook for takeover target Acurity
Takeover target Acurity Health Group has posted improved half-year financial results and expects revenues to continue to rise during the next 12 months.
Simon Hartley
White Ribbon Day supporters weather the storms
White Ribbon Day supporters weather the storms
''Diabolical weather'' has not deterred 28 motorcyclists undertaking a 2500km South Island ride in support of White Ribbon Day.
11 new developments, more needed
11 new developments, more needed
The equivalent of more than five rugby fields of industrial space has been created in Dunedin via 11 new developments during the past 18 months.
Prime Range Meats given Chinese boost
Prime Range Meats given Chinese boost
A Chinese majority stake in Southland-based exporter Prime Range Meats is expected to include millions of dollars in factory redevelopment and boost job numbers by up to 40%.
Otago shows strong economic activity gain
Otago shows strong economic activity gain
Otago has posted the largest quarterly gain in economic activity of any region in the country, its strongest quarterly result since June 2010.
Ryman Healthcare goes from strength to strength
Ryman Healthcare goes from strength to strength
Ryman Healthcare - which has doubled its asset base in the past four years - has booked a record half-year profit.
Society purchases historic 'Fitz'
Society purchases historic 'Fitz'
Getting philosophical over a pint just got easier for the Dunedin Theosophical Society, which has bought the historic Fitzroy Hotel in Hillside Rd, in South Dunedin.
US growth major issue
US growth major issue
Cloud-based accounting company Xero has booked a 76% boost to paying customers globally, softening an expected $24.5 million loss for its half-year trading to September.
Aquaculture delivers in tough fishing year
Aquaculture delivers in tough fishing year
Sanford, which holds 23% of the country's fishery quota, has had a tough year but eked out a 10% gain in booking a $22.3 million profit.
Gains for Moa but half-year loss also
Gains for Moa but half-year loss also
Brewer Moa has booked increased revenue and beer-sale gains of, respectively, 70% and 90% but posted a more than $3 million half-year loss.
Arvida Group launches $80m IPO
Arvida Group launches $80m IPO
Retirement village operator Arvida Group has launched an $80 million initial public offering (IPO) in a bid to become the country's fourth largest retirement operator.
Cheaper oil likely to stay
Cheaper oil likely to stay
The plunge in global oil prices to almost four-year lows - below $US80 ($NZ100.62) per barrel and New Zealand's cheapest fuel in 18 months - appears set to continue.
Softening gold price sets off alarm bells
Softening gold price sets off alarm bells
Investors and gold producers alike are becoming nervous as the global price of gold continues to soften in the face of the strengthening US dollar.
Persistence paying off for NZOG
Persistence paying off for NZOG
Perseverance with the decades-old offshore Kupe oil and gas field in Taranaki is providing the blueprint for New Zealand Oil & Gas' expanding exploration programme.
Block offers opened for consultation
Block offers opened for consultation
Almost 30% of the Government's latest round for oil and gas exploration block offers is acreage in the southern Great South Basin and Canterbury Basins areas.
Otago house sales beat New Zealand trend
Otago house sales beat New Zealand trend
Otago has posted the largest percentage gain in house sales during October, but overall national sales volumes for the year continue to trend downward.
New brewery lifts Lion's stake in city
New brewery lifts Lion's stake in city
Brewing giant Lion will have invested more than $50 million in its Dunedin operations by the time Emerson's new brewery begins operation.
Retail spending strong in October
Retail spending strong in October
Otago retail consumer spending was strong during October - up $15 million on a year ago - and only just shy of the national average increase of 8%.
South leads the way for NZ
South leads the way for NZ
Manufacturing in Otago-Southland continues to lead the country, again helping underpin five consecutive months of national expansion. Nationally, the BNZ-Business New Zealand manufacturing index...
LVR restrictions on banks to remain
LVR restrictions on banks to remain
The heated housing market has prompted the Reserve Bank to retain its contentious loan to value ratio (LVR) restrictions on banks, for the time being.