Resource exploration around the Southern Ocean continues to gain impetus, with listed company Chatham Rock Phosphate gaining its long-awaited mining permit, a ''milestone'' towards extracting sea-floor phosphate from the Chatham Rise for fertiliser.
Otago-Southland led the country in November as manufacturing momentum continued into its 14th month of consecutive gains.
Consumer confidence is edging towards record levels which should boost jittery major retailers whose trading expectations have been gloomy in the run up to Christmas.
The impact of the Reserve Bank's loan-to-value ratio (LVR) restrictions on banks' mortgage lending may be beginning to bite, judging by figures of national sales of homes below $400,000 down 20% on November last year.
The Reserve Bank held the official cash rate at its record low of 2.5% yesterday, but stressed there were rising concerns over the effects of strong global dairy prices.
Dairy farm manager MyFarm has extended the $3.5 million initial public offering on its Southland, Gold Creek farm, having gained the minimum $2 million investment required during the past month.
No change is expected today to the Reserve Bank's record low, 2.5% official cash rate (OCR), as the strength of the New Zealand dollar remains of most concern for economists.
Pressure from the building industry has persuaded the Reserve Bank to exempt the construction of new homes from its contentious loan-to-value (LVR) regulation.
Dunedin's usual shortage of freehold industrial land will be eased with the redevelopment of former rugby stadium Carisbrook and a more than $5 million woolshed development at Mosgiel.
A cloud hangs over the future of about 180 jobs at Silver Fern Farms' lamb-cut processing plant at Silverstream, near Mosgiel, because of the decline in lamb kill this season.
Pacific Edge cancer diagnostic company has as expected posted a half-year trading loss, of $4.97 million yesterday, having the day previously clinched almost $29 million in additional funding from its shareholders.
Listed automation and robotics company Scott Technology has entered its second century's trading with a full order book worth $28 million and received confirmation yesterday of a $5 million three-year Government research and development grant.
Dunedin-listed cancer diagnostic company Pacific Edge was oversubscribed by more than eight times in its quest to raise $20.5 million in a renounceable rights offer to shareholders.
More than 80 unsecured creditors are ''unlikely'' to see any of the $203,000 they are owed by Dunedin company Food Equipment Specialists Ltd, which has been placed in voluntary liquidation.
Troubled Tourism Holdings has forecast a turnaround profit for its six-months trading to December, off the back of a successful merger with Kea Campers and United Campervans last year.
Emerging details of former Dunedin financial adviser Craig Myles' self-bankruptcy show he and his wife owe almost $700,000 to 12 creditors.
Hours after oil exploration giant Anadarko began its deep-sea drilling programme off Taranaki's coast yesterday, Greenpeace lodged a High Court challenge seeking a judicial review of the decision to allow drilling.
Sea-bed mining developer Chatham Rock Phosphate has pushed out expectations to begin operations on the Chatham rise to mid-2016, as the separate mining and marine licences have taken longer than expected to process.
China is not only driving the global economy, but has become New Zealand's largest trading partner in recent times.
Dunedin-founded R&R Sport is heading for new ownership, with Red Sheds operator The Warehouse signing a conditional purchase agreement for several million dollars.
