Gas pipeline proposal for North Otago
NZOG considering North Otago proposal
New Zealand Oil & Gas is investigating a proposal for a seabed-to-shore gas pipeline in North Otago.
Simon Hartley
Easing trend for home values in some areas
Easing trend for house values in some areas
Quarterly housing values in some areas have been easing as the Reserve Bank's loan to value ratio restrictions impact on buyers.
Production record for Oceana
Production record for Oceana
Oceana Gold has booked record quarterly gold production, up 44% on a year ago, delivering 147,946oz for the period, albeit with an impairment charge which dragged down profits.
Exports for March rise 11% on year ago, ‘in line with expectations’
Exports for March rise 11% on year ago, ‘in line with expectations’
New Zealand's exports for March rose by $446 million, compared with a year ago, and combined dairy exports were up by $250 million.
Shoulder season data confirms buoyancy of tourism in the South
Shoulder season data confirms buoyancy of tourism in the South
Increased airline passenger capacity between Auckland and Queenstown helped buoy Air New Zealand’s domestic passenger numbers in March, while off-season tourist spending around Otago continues to...
Infant formula driving A2
Infant formula driving A2
Australian and Chinese demand for A2 Milk's Platinum infant formula has prompted the company to predict a gain of almost 50% in annual revenues this financial year.
Dairy, beef and lamb prices aligning
Dairy, beef and lamb prices aligning
Expectations are high that dairy, beef and lamb prices could all reach more than $6 per kilogram this year.
Handling of application 'off the rails'
Handling of application 'off the rails'
Anti-seabed mining groups are threatening the Environmental Protection Authority (EPA) they may seek a judicial review or court action over its handling of a mining application by Trans Tasman Resources.
KFC's wings clipped
KFC's wings clipped
Rolling strikes by staff at Restaurant Brands' KFC outlets are being considered this week, after hundreds of staff picketed outlets across the country on Saturday.
Boost for city scales firm
Boost for city scales firm
Southland private equity fund Invest South and numerous Dunedin investors have provided a capital boost to private Dunedin company Bison Group, a pioneer in the development of ways to weigh shipping containers.
KFC acquisitions drive profit boost
KFC acquisitions drive profit boost
The recently acquired 42 Australian KFC businesses bought by fast food operator Restaurant Brands for $89.4million have underpinned an almost 8% boost to profits.
Abano makes claim for costs of $566,000
Abano makes claim for costs of $566,000
The wash-up from a hostile and unsuccessful takeover bid for Abano Healthcare is now in court, including a $566,000 claim for costs against the dissident shareholder group.
Whisky options studied
Whisky options studied
The New Zealand Whisky Company continues to mull over its options of establishing a distillery in Otago and future capital raising propositions.
Southern services index eases slightly
Southern services index eases slightly
Otago Southland's service sector index remained slightly above the national average, underpinned by tourism and health and community services.
Gregg's plant for sale
Gregg's plant up for sale
A shadow has been cast over more Dunedin food manufacturing jobs as the Cerebos Gregg's food factory is put up for sale.
'Financial stress' ahead
'Financial stress' ahead
Rising mortgage rates and tighter bank and borrower lending conditions are expected to dampen housing demand during the second half of the year, prompting an easing in annual house prices.
Oceana confident in mine life at Macraes and Waihi
Oceana confident in mine life at Macraes and Waihi
Oceana Gold remains confident it can extend the mine life of its Macraes and Waihi operations in New Zealand.
Liquidators poised as DC Ross still up for sale
Liquidators poised as DC Ross still up for sale
Liquidators are standing by while the receivers continue to look for a buyer for Dunedin niche engineering company DC Ross.
NZOG shareholders vote for $100m back
NZOG shareholders vote for $100m back
New Zealand Oil & Gas shareholders voted by a ''resounding majority'' in favour of $100million capital being returned to them.
Scott strengthened by JBS deal
Scott strengthened by JBS deal
A year after Brazilian food giant JBS took a controlling 50.1% stake in niche Dunedin engineering company Scott Technology, its share price has almost doubled, and hit a year-high of $3 yesterday.