Shed asbestos causes GoBus to shift workers
Shed asbestos causes GoBus to shift workers
The Dunedin City Council has confirmed a 2000sqm building in Princes St has low-level asbestos contamination, prompting the tenant to move its staff out.
Simon Hartley
HRV halts double-glazing
HRV halts double-glazing
Home heating and ventilation company HRV is withdrawing from the window double-glazing market, which could affect up to 30 jobs across the country.
Company will refocus to reduce risk
Company will refocus to reduce risk
Fletcher Building will quit bidding on large commercial construction projects, but will keep its other three construction-related divisions in operation: Infrastructure, Higgins and South Pacific.
Fletcher reels as losses multiply
Fletcher reels as losses multiply
Fletcher Building shares were mauled by investors after the construction giant revealed its Building + Interiors division's losses for 2018 will be more than four times higher than previously estimated.
Fletcher trade halt extended
Fletcher trade halt extended
Fletcher Building has extended its share trading halt to tomorrow, as it works through a review of mounting losses from its Building + Interiors (B+I) division.
Dry weather blamed for slump in Contact profit
Dry weather blamed for slump in Contact profit
Contact Energy's half-year result has been undermined by low lake levels and increased operating costs from alternative generation sources - with after-tax profit down from $95 million to $58 million.
Possible sale for NZ honey exporter
Possible sale for NZ honey exporter
Specialist manuka honey exporter New Zealand Honey Specialties - trading as the New Zealand Honey Company - owes more than $1.4 million to unsecured creditors, shareholders and staff.
Contest nets $3000 for charity
Contest nets $3000 for charity
Good fishing conditions and flat seas greeteda dozen boats in the annual Brighton Club fishing competition on Saturday.
Advert banking on the appeal of sea horses
Advert banking on the appeal of sea horses
Up to 20 black horses thundered through surf along Tomahawk Beach in Dunedin on the weekend and local woman Dee Sorrell was there to take this stunning shot.
Minister explains drilling decision
Minister explains drilling decision
Minister of Energy and Resources Megan Woods has defended a decision to extend New Zealand Oil & Gas’ (NZOG) existing deep water exploration permit, off the coast of Oamaru.
Otago house values still rising
Otago house values still rising
Otago house values continue to climb year-on-year but the quarterly value gains reflect a general easing around the country.
South Port benefits from greater cargo movements
South Port benefits from greater cargo movements
South Port has reported an almost 20% climb in profits for its first half-trading to December, from a boost to handling fertiliser, stock food and logs across its wharves.
Fletcher takes even deeper bath
Fletcher takes even deeper bath
Construction giant Fletcher Building's nightmare run of losses from its under-fire Buildings + Interiors (B+I) division is set to worsen, as it prepares to disclose more ``material losses''.
Dairy prices buoyed by stockpile bid
Dairy prices buoyed by stockpile bid
International dairy buyers concerned about a New Zealand production downturn have buoyed global dairy prices, as they seek to stockpile product.
Pacific Edge secures another US contract
Pacific Edge secures another US contract
Dunedin cancer diagnostic company Pacific Edge has secured another United States health provider contract, a week after clinching its first commercial agreement in Singapore.
Investors not moving to gold as markets plunge
Investors not moving to gold as markets plunge
Investors are not moving to the historic safe haven of gold as sharemarkets across the world adjust to market plunges brought on by rising US interest rates.
Tanker 'Kokako' to make maiden arrival
Tanker 'Kokako' to make maiden arrival
Tanker MV Kokako is expected to arrive in Dunedin's upper harbour for the first time later this month, with a fuel delivery from Marsden Point, in Northland.
$A66b wiped off Aussie shares
$A66b wiped off Aussie shares
The Australian sharemarket has suffered its biggest one-day fall in more than two years, wiping about $A66billion ($NZ71billion) off its value.
Reserve Bank expected to leave OCR unchanged
Reserve Bank expected to leave OCR unchanged
Tomorrow's first monetary policy statement (MPS) by the Reserve Bank for 2018 is likely to leave the the interest-driving official cash rate on hold at 1.75%.
Changes ahead for wine
Changes ahead for wine
Changes are afoot for the global wine sector in 2018, following a poor northern hemisphere harvest in 2017, which extended to some regions in the southern hemisphere.