The controversial oil and gas exploration method of "fracking" is to come under more scrutiny from the Parliamentary Commissioner for the Environment but her interim report falls short of appeasing environmentalists calling for a moratorium on the practice.
A punishing 12 months in Australia undermined a record $NZ2.73 billion turnover for construction company Fulton Hogan, resulting in before-tax and after-tax bottom lines plunging and the company's worst result for a decade.
Domestic violence could be costing the country up to $3 billion a year and agencies and organisations dealing with the problem urgently need more funding, the "Stop violence towards women" rally and concert in Dunedin heard yesterday.
The 1920s Larent Building in George St, Dunedin, has been sold to a local private investor and developer for more than $2 million.
Glass Earth Gold is breaking even at its mining operations in Central Otago's Manuherikia Valley as the boutique producer moves into better gold-producing ground.
Retailer The Warehouse has tentatively said it expects to beat last year's adjusted after-tax profit of $65.2 million, but remains highly cautionary over crucial January sales and overall economic conditions.
State-owned enterprise Solid Energy has finished a forgettable financial year, with its after-tax profit plunging 146% to a loss of $40 million and no repeat of last year's $30 million dividend.
Dunedin's Cadbury chocolate manufacturing plant could be sourcing the majority of its cocoa bean ingredient from the Asia-Pacific region in coming years.
Fisher & Paykel Healthcare (FPH) has outperformed its half-year financial expectations and upgraded its full-year profit guidance to about $70 million, a rise of between $3 million and $4 million.
The export of a seven-month-old stockpile of woodchips from Port Chalmers may have been the country's first woodchip shipment to China.
Honey product manufacturer and exporter Comvita has been under pressure from short supplies but remains confident it can boost second-half earnings to better last year's $95.9 million revenue.
Global crude oil prices may have slumped this week but a recent 4c a litre increase in the cost of refined petrol was yesterday passed on by Z Energy.
Environmental groups have been accused of stifling development by the chairman of West Coast coal mine developer Bathurst Resources - which is locked in an Environment Court challenge at present.
Explorer and boutique producer Glass Earth Gold has taken an option to buy a gold and silver prospect north of the Martha mine in the central North Island, in a 50:50 venture with mining entity Geoff Loudon.
Shares in Fletcher Building were boosted to a year high yesterday on news earnings growth could be beyond 20% for 2013 from anticipated buoyancy in new-home construction.
Rising house prices have again captured the public's attention which will likely prompt closer scrutiny in economic and political agendas in the months ahead.
Motor Trade Finance hasbooked a decline in full-year after-tax profit, down 17% to $4.6 million, but has otherwise clawed back new loan sales to $288 million, from a low of $267 million in 2010.
The 17-member euro zone has slipped into recession following two quarters of economic output contraction, the first time it has been in recession since it experienced five consecutive quarters of recession leading up to 2009.
Dunedin-based Blis Technologies has booked a $780,000 loss for the six months to September, reiterating earlier guidance it still faces a full-year loss of $1.3 million.
Ryman Healthcare's vacancy rate of just 1% of its existing 3482 available units reflected its ability to post record half-year profits of $48 million and record more than $100 million cashflow.
