House prices and sales for January were up respectively more than 7% and 20% on a year ago, further fuelling anxiety over pressures building in the under-supplied housing market.
The first financial assessment of iD Fashion Week's value to Dunedin has found almost $2 million is spent on retail, services and accommodation around the city, and the event also brings an estimated $6 million worth of global media exposure.
South Port's acquisition last year of the former Southland Cool Stores helped lift its half-year after-tax profit to $2.9 million from $2.54 million a year ago.
Port Otago's $3 million oil wharf strengthening project, in the upper harbour basin, is nearing completion, albeit several months behind schedule.
Dividend yield and companies' outlooks are likely to be the focus of investors when the financial reporting season gets fully under way in New Zealand and Australia next week.
Possibly up to six staff at Farra Engineering's fabrication division in Dunedin could lose their jobs, with a downturn in orders.
Subcontractors around the South Island swept up in the Mainzeal receivership face an unnerving few weeks as the receivers determine the state of the company, and the likely tens of millions of dollars owed to subcontractors.
Fletcher Building's strong financial position could see it run the ruler over the assets of Mainzeal, should receivers decide to sell parts or all of the floundering construction company.
Exporters and manufacturers face a double currency hammer blow from the strong New Zealand dollar weighing in against its counterpart Australian and United States dollars.
Job numbers and wages rose during the December quarter, with the rebuilding of Canterbury underpinning the figures, while around the country overall job numbers rose but remained below pre-recession levels, as at December 2007.
In a shock announcement yesterday, the longtime chief executive of beleaguered state-owned enterprise Solid Energy, Don Elder, tendered his resignation, effective immediately.
A high Court case in May will determine whether more than 230 investors or the estate of the late financier Allan Hubbard will get access to $60 million of disputed funds from private investment company Aorangi Securities, run by Mr Hubbard and his wife Jean.
Christchurch-based Jade Software Corporation has clinched a multimillion-dollar five-year deal with five ports in the United States, installing its ''track and trace'' Master Terminal cargo-tracking system.
Retailers Kathmandu and Briscoes have delivered positive financial guidance in market updates showing improving margins and profit lines.
An additional 132 international and domestic flights into Queenstown Airport during December saw a respective 51% and almost 20% boost to passenger numbers for the month, listed Auckland International Airport (AIA) reported yesterday.
Investors in the troubled Hubbard Management Fund - holding around $40 million in assets - will this month start receiving some payments on their capital, the fund's statutory managers Grant Thornton said yesterday.
West Coast coal mine developer Bathurst Resources achieved almost 80,000 tonnes of coal sales for the quarter to December, mainly from its Takitimu thermal coal deposit in Southland, which is being expanded.
L&M mining's Earnscleugh flats gold dredge near Alexandra has sunk and staff are working around the clock to refloat the 400-tonne vessel, which is integral to the $3 million start-up operation.
New-house consent numbers nationally rose 24% during 2012 to a four-year high, with about a quarter driven by an almost 70% increase in Canterbury.
Fletcher Building can expect a large benefit from declining funding costs when it rolls over $75 million of capital notes in mid-March, resetting the interest rate down by 3.5%.
