Pan Pac to keep watch on log prices
Pan Pac to keep watch on log prices
A weather eye is being kept on escalating log prices by Japanese-owned Pan Pac Forest Products, whose Milburn sawmill is becoming one of the largest in Otago.
Simon Hartley
2017 ends on a high for southern services sector
2017 ends on a high for southern services sector
The southern service sector finished 2017 on a high, in December notching up its highest index score for the year.
Forest cutting rights proposal criticised
Forest cutting rights proposal criticised
The Government is being accused of an about-turn which could undermine its proposed billion tree planting programme and its climate change mitigation goals.
Log exports concern NZ processors
Log exports concern NZ processors
Record log exports last year could mean building timber shortages for domestic New Zealand housing and reliance on imported lumber.
Record result gives Oceana Gold a boost
Record result gives Oceana Gold a boost
Oceana Gold has completed calendar 2017 on a high, booking record gold production, a boost to its cash reserves and a reduction in debt.
‘Retaining people’ key to Aotea Group expansion strategy
‘Retaining people’ key to Aotea Group expansion strategy
From a humble management buy-out in 1991, Aotea Group Holdings is eyeing future staff levels of 1000 employees and annual turnover of $200 million.
South reflects national trend of rising prices, falling sales
South reflects national trend of rising prices, falling sales
The volume of house sales across much of the country continues to decline, down 10% on December 2016 nationally, but median prices maintained their upward trend, including three records.
A2 expands distribution network in US northeast
A2 expands distribution network in US northeast
Sharemarket darling A2 Milk has announced an expanded distribution deal across nine states of the United States, boosting outlet access almost 30% to 5000 retail stores.
Chatham has plans for new mining consent
Chatham has plans for new mining consent
Would-be seabed miner Chatham Rock Phosphate says it is "on track'' to resubmit a marine consent application to the Environmental Protection Authority, by the end of the year.
Food prices fall in December but still up 2.3% on previous year
Food prices fall in December but still up 2.3% on previous year
Food prices eased slightly in December from November as seasonally cheaper fruit and veges kicked in alongside a decline in grocery costs.
Productive year ahead for two prominent Dunedin companies
Productive year ahead for two prominent Dunedin companies
Coverage of listed Dunedin companies Scott Technology and Pacific Edge has featured prominently during the past year.
Home-build cost up 30%; city in better value group
Home-build cost up 30%; city in better value group
The cost of building a house has risen almost 30% in the past decade, but by dollar value Dunedin remains one of the best areas for value.
Housing market jitters receding
Housing market jitters receding
Quarterly Otago median house prices appear to show a rapid cooling for the third quarter of last year, but post-election jitters appear to be dissipating.
Oceana Gold worth $84m to Otago in 2016
Oceana Gold worth $84m to Otago in 2016
Oceana Gold's operations poured a total $330 million into the economies of East Otago and Waihi in the central North Island in 2016, with 885 people employed across the two sites.
Solid outlook for Oceana Gold
Solid outlook for Oceana Gold
Oceana Gold looks close to hitting its target of delivering a record more than 550,000 ounces of gold in calendar year 2017, the first time the 27-year-old company has produced more than half a million ounces.
Smiths City first half break-even
Smiths City first half break-even
Smiths City Group’s profit has plunged from $1.37million a year ago to breaking even as it beds-in three rebranded North Island stores and grapples with tough retail trading conditions in general.
Dismay as permit granted
Dismay as permit granted
One oil and gas exploration permit, off the southern Taranaki coast, has been approved by government permit agency New Zealand Petroleum & Minerals, amid mounting environmental pressure.
US tax reform will help THL’s bottom line
US tax reform will help THL’s bottom line
Sweeping US tax changes are likely to provide a bottom-line boon for New Zealand companies trading in the United States, where federal income tax falls from 35% to 21%.
Defamation proceedings to be commenced
Defamation proceedings to be commenced
Dunedin businessman and JP Stephen Beeby is preparing to take a former business partner to court, alleging defamation and breach of contract.
Beef star of stronger commodity index
Beef star of stronger commodity index
Commodity prices for dairy, lamb, beef, forestry and fruit are ending the year having all tracked above their respective 10-year averages, with the exception of a plunge in wool prices.