Otago has notched up the largest percentage gain for new dwelling consents issued during 2017, underpinned by more new houses, townhouses, and apartments built in Queenstown.
Recent takeover target New Zealand Oil & Gas (NZOG) has asked for a time extension to its permit off the coast of Oamaru, before it has to commit to drilling the deepwater project.
Two thirds of the NZX’s listed companies will be reporting their half-year results over the coming weeks, with expectations of a good earnings season ahead.
Dunedin bladder cancer diagnostic company Pacific Edge has clinched its first commercial agreement in Singapore to use its CX-bladder suite of non-invasive tests, a stepping stone into wider...
Last night's fire follows City Forests' withdrawal of all public permits to enter its forest blocks and the curtailment of its own operations, which must be finished by 11am each day.
The public and businesses are being urged to take a long-term view of the drought affecting Otago and Southland, given the compounding factors being faced by all farmers.
Allegations of sexism in Port Otago's boardroom have been levelled by Otago Regional councillor Michael Laws, on the eve of another male director being appointed.
Rural Otago and Southland continues to bear the brunt of the heatwave and farmers are facing hard decisions on destocking and replanting failed winter feed crops.
City Forests is quietly confident booming export log prices will for a second year underpin a strong financial result, for the Dunedin City Council-owned company.
Otago maintained a strong number of new residential building consents issued in 2017 and it is likely to have been a record sixth consecutive year of growth for the construction sector overall.
Central Otago Lakes, including Queenstown, remains the most unaffordable region in the country, median house prices there equating to 15 times the annual wage for the area.
Proposed changes to employment relations legislation have been broadly welcomed, but there is a mixed reaction to the scaling-back of 90-day trial periods.
Otago and Southland businesses have started the year with a largely downbeat view, as labour shortages across both provinces and early effects of drought start to bite.
Otago has recorded the largest decline in farm sales across the country, down by 27 on a year ago while nationally sales dipped 21%, down by more than 100 properties.