Manufacturing rise welcomed
Manufacturing rise welcomed
The Otago-Southland manufacturing sector has notched up its first month of expansion for 2018, just edging out its three regional counterparts with the country’s highest score for March.
Simon Hartley
'Headwind' for Barque
'Headwind' for Barque
New Zealand Oil & Gas' deepwater exploration target Barque, off the coast of Oamaru, has arguably just become one of the most promising offshore targets in the country.
No new offshore oil and gas exploration
No new offshore oil and gas exploration
The Government has ceased offering new offshore oil and gas exploration permits and restricted permitting to just onshore Taranaki targets, a definitive move to transitioning away from fossil fuel extraction.
NZOG confident about prospect
NZOG confident about prospect
New Zealand Oil & Gas and majority shareholder Ofer Global have each taken a 25% stake in exploration of an onshore Taranaki gas prospect.
Business confidence in the doldrums
Business confidence in the doldrums
Weakening business profitability and rising labour costs appear to be underpinning expectations that economic conditions in the months ahead are deteriorating.
No objection to Daiken buying Dongwha MDF factory
No objection to Daiken buying Dongwha MDF factory
Japanese company Daiken Corp has been cleared by the Commerce Commission to buy Southland-based MDF manufacturer Dongwha, for an undisclosed sum.
Confidence in Fletcher still low
Confidence in Fletcher still low
Confidence in Fletcher Building remains low as its share price languishes near a decade-low level of around $5.85.
March car sales affected by stink bug biosecurity scare
March car sales affected by stink bug biosecurity scare
Used car sales in March plunged 18% on a year ago, as stink bug-infested ships were turned away from New Zealand shores for biosecurity reasons.
Airport origin of measles cases
Airport origin of measles cases
Queenstown Airport has been identified as the place where two adults and a 13-month-old baby contracted the notifiable disease measles.
Acquisition of Oboz not without risk
Acquisition of Oboz not without risk
From sales in the doldrums and being a hostile takeover target, high street sports and leisure retailer Kathmandu has had a roller-coaster four years.
Pressure may go on mortgage rates
Pressure may go on mortgage rates
Upward pressure on New Zealand mortgage rates has not been ruled out, with the US Federal Reserve likely to raise its interest rates further in June.
ANZ commodity price index continues to rise
ANZ commodity price index continues to rise
The ANZ commodity price index has started the year with three consecutive monthly gains, underpinned by dairy, meat, wool and forestry.
Strong demand boosts Scott
Strong demand boosts Scott
Niche Dunedin engineering and robotics company Scott Technology has reported a 19% revenue boost to its first-half trading, driven by strong demand for its automation and robotics technology.
Consumer confidence remains high
Consumer confidence remains high
Consumer confidence remains high, underpinned by low unemployment, income growth, low interest rates and a housing market in recovery.
Boutique hotel being developed in historic building
Boutique hotel being developed in historic building
A 108-year-old building in central Dunedin is being redeveloped into a 19-unit boutique hotel.
Southern house gains leading the way
Southern house gains leading the way
Otago and Southland areas have kept ahead of the annual 7.3% national property value gains, as national sales numbers are up for the month but most value growth is subdued across the country.
A2 gives market reassurance on Chinese sales
A2 gives market reassurance on Chinese sales
A2 MILK's share plunge since last week has prompted it to reassure the market its China sales can continue to strengthen.
NZOG seeking partners
NZOG seeking partners
Explorer New Zealand Oil & Gas is making it a priority to get joint venture partners aboard for its two Great South Basin targets, off the coasts of Otago and Southland.
Hallenstein boosted by Australia, Christmas
Hallenstein boosted by Australia, Christmas
Strong Christmas sales and a boost of more than 60% from Australian outlets helped Hallenstein Glasson to lift its half-year after-tax profit 65%, to $15.1 million.
Building consents flat in February
Building consents flat in February
Building consents in February were flat compared with a year ago, the numbers of townhouses, flats and units picking up the slack created by a small decline in the number of stand-alone houses.