While manufacturing in Otago has ended a two-month regional winning streak, with a slight decline recorded in December, figures reflect a return to a more stable position overall, the Otago Southland Employers Association says.
Otago farm sales for December were down 60%, reflecting a national slump with no improvement in sight, as financing for the rural sector remains tight.
Submissions close next week on Progressive Enterprises' resource consent application to build a multimillion-dollar supermarket covering more than 4000sq m on Andersons Bay Rd on land containing some chemical contamination.
The key to Dunedin lifting itself out of recession is population and public/private investment, one of several analysts giving Dunedin City Council councillors a closed-door briefing yesterday said.
Australian-listed Spotless Group - now New Zealand's seventh-largest employer with more than 12,000 staff - relisted on the New Zealand stock exchange yesterday, following its recent acquisition of dry cleaners Taylors Group Ltd.
Oceana Gold's mothballed gold and copper development mine in the Philippines is back on the agenda as the East Otago miner reconsiders the project and capital funding for it.
Nine years in the fast-paced information technology sector can feel like several lifetimes.
Liquidators have closed the South Island operations of home-based child-care service Easy Mind, with the loss of more than 60 jobs and leaving up to 200 Otago and Southland families needing to find alternative care arrangements.
Listed Tourism Holdings Ltd has seen a second surge in its share price in less than a month, gaining a further 27% in value during January to trade above $1 this week.
The OMV-led joint venture to explore for oil and gas in the Great South Basin has had its permits extended by Government agency Crown Minerals for a year before it must decide whether to commit to test drilling, or drop the permits.
Dunedin-founded online retail discount company VoucherMate has been placed in voluntary liquidation by its shareholders, owing potentially $160,000 to preferential and unsecured creditors.
New Zealand business confidence remains flat in the face of a slower than expected recovery during the last quarter of 2009.
The New Zealand dollar eased off its eight-week high of US74.30c yesterday, as negative Australian data undercut its strength.
Dunedin City Council-owned City Forests is a step closer to its inaugural sale of up to $3 million of carbon credits - to a New Zealand buyer - and could clinch the deal by the end of February.
More spikes of global oil prices touching $US100 ($NZ135) a barrel are predicted during the next three years, but they should generally stay within present levels above $US70 to $US80 a barrel for the next 15 months, according to separate research from broking firms Craigs Investment Partners and Forsyth Barr.
Listed jeweller Michael Hill International (MHI) is being picked to ride out the recession and book an up to 10% growth in overall worldwide sales this financial year.
Listed Lyttelton Port of Christchurch (LPC) has lodged resource consent applications to deepen its navigation channel for larger vessels, at a cost of up to $100 million; a process Port Otago hopes to follow during the next few months.
Weak domestic demand for imports in November underpinned a month-on-month fall in the New Zealand's trade deficit from $1.12 billion in October to $846 million in October.
Listed casino operator Skycity Entertainment Group has sold its cinema interests in New Zealand and Fiji
Defensive utilities stocks - primarily in New Zealand's electricity sector - are expected to play a bigger role in investors' portfolios this year after a "lacklustre" performance in 2009.
