Seven years after the spectacular multimillion-dollar collapse of the controversial Big Sky dairy farm project in the Maniototo, farm founder and former shareholder Ewan Carr is still seeking redress through the courts.
The focus on proposed seabed mining now shifts from Taranaki to the Chatham Rise, as the Environmental Protection Authority (EPA) considers its second ocean mining application.
Bathurst Resources may have cleared its last regulatory hurdle to begin mining on the Denniston plateau above Westport, but until global coking coal prices rise its ability to mine and export commercial quantities remains hamstrung.
Hotel St Clair has been put up for sale by Milton's family-owned Calder Stewart group of companies.
Meat exports are behind a record $1.4 billion current account surplus for the quarter to March, underpinned by increased tourism spending.
Otago-based Calder Stewart Industries is to design and build a new $30 million dairy services manufacturing plant for Skellerup Holdings in Christchurch, on land developed by Ngai Tahu Property.
Foreign interest in New Zealand properties appears to be unrelenting, with large corporations and offshore fund managers targeting dairying and forestry.
Hirepool has announced it intends to raise between $175 million and $262 million in an initial public offering, to become dual listed on the stock exchanges of New Zealand and Australia.
The Reserve Bank's lending restrictions appear to have prompted a further 25% decline in lower-tier house sales, while overall sales nationwide are down almost 15% on a year ago.
Listed Dunedin company Scott Technology has bought Melbourne sensory technology company Applied Sorting Technologies Pty Ltd (AST) for $1.3 million.
New Zealand petrol prices are on the watchlist as fighting escalates in Iraq, possibly threatening the global supply of crude oil.
A third trading platform on the New Zealand stock exchange - for companies with a market capitalisation of $10 million to $100 million - could be launched within a few months, depending on regulatory approval.
Seven years since the peak and burst of the housing bubble, residential housing prices around Otago are again at similar highs. Senior business reporter Simon Hartley looks at new Quotable Value data spanning those past seven years, and the effects in 27 towns and suburbs around Otago.
The average asking price for homes around the country is near record level, with 10 of 19 regions booking gains for May.
The Environmental Protection Authority (EPA) has opened public submissions on Chatham Rock Phosphate's proposal to mine the Chatham Rise seabed for phosphate, as part of its application for a marine consent.
Otago's retail spending bounced in May, along with much the rest of the country, led by sales in the food, fuel and the hospitality sectors.
Manufacturing volumes for the quarter to March rose a modest 0.5%, with softening underlined by the value of meat and dairy products being down 1.4%.
Competition in Australia and New Zealand has prompted Nuplex to downgrade its earnings before interest, tax, depreciation and amortisation (ebitda) expectations for the full year; a downturn including restructuring costs and foreign exchange losses.
National house values have eased during the past three months, as the heat comes off Auckland and Christchurch properties and aligns with the lesser quarterly gains seen in regional areas.
Six months after its partial listing by the Government, Meridian Energy is confident of hitting prospectus targets, but its boss concedes the future of Tiwai Point aluminium smelter remains the elephant in the room.