Expansion has been an overriding theme since Dunedin engineers Dirk Tuinman and Steve Hurring started METALworks Otago in a home garage less than two years ago.
The annual trade balance has widened from $3.6billion to $3.8billion, with the balance for May smaller than expected because of a spike in oil imports.
While Queenstown Lakes district is one of the least affordable districts in the country for first-home buyers, the rest of Otago and Dunedin are well within their reach.
The Otago Bridge Club is negotiating with Port Otago subsidiary Chalmers Properties to buy its Otaki St clubrooms land, which could include unsecured loans from its members.
Dunedin engineering specialist Scott Technology will increase the size of its Kaikorai Valley operation after buying precision engineering company DC Ross, which is in receivership.
The services sector in Otago and Southland has clawed its way back into expansion for May, with construction and retail making up for a decline in tourism services.
A decision on the controversial seabed mining application by Trans Tasman Resources has been extended several weeks by the Environmental Protection Authority (EPA).
Unions Etu and the PSA are launching a second pay claim - potentially worth up to $40 million - this time covering mental health support workers throughout the country.
University of Otago spin-off company Photonic Innovations is well on its way to raising $1million in new capital, having just secured a New Zealand-wide distribution deal - with important...
Manufacturing in Otago and Southland rebounded in May to its highest levels in the past six months, from activity in the food, boat, dairy and construction sectors.
The Property Institute has slated a proposal by the Reserve Bank that it be given powers to impose debt-to-income limits on mortgage lending, saying it could inflict "significant damage" to the...
Quarterly housing data reflects a continued easing in values as homes in the South dial back from double-digit growth to single-digit gains for the quarter to March.