Simon Hartley

Beef and aluminium exports underpinned a 2% rise in February’s ANZ commodity price index, despite a strengthening New Zealand dollar taking a toll on exporters’ earnings.

Two Otago business founders from the late 19th century have been honoured posthumously with their induction into the New Zealand Business Hall of Fame.

The Reserve Bank believes the chances are even that the interest-driving official cash rate (OCR) will not change, and says it could stay at the present 1.75%  level for the next two years.

New Zealand Oil & Gas is keeping alive its hopes to find investment for its joint venture, deepwater oil and gas prospect 60km off Oamaru.

Recapitilised New Zealand King Salmon has doubled its half-year after-tax profit to $8.7 million and reaffirmed its full-year 2017 financial guidance.

Warm weather and low oil prices from Genesis Energy's stake in the Kupe oil and gas field combined to undermine revenue for the country's largest energy retailer.

A spike in January oil imports widened New Zealand's trade balance to a $285million deficit - the seventh consecutive January deficit.

The latest development by Port Otago subsidiary Chalmers Properties is nearing completion, with the premises being leased by Steel & Tube expected to be fully stocked by the end of March.

Port of Tauranga has set its sights on handling a New Zealand record of more than 1 million containers this year, after delivering  a solid half-year result and a profit of more than $40million.

Almost six years after boutique Queenstown-based insurer Western Pacific imploded into liquidation, Christchurch earthquake victims will get a first, small portion of their insurance payouts.

Retirement village operator Summerset has delivered another stellar year of development, but with six years of landbanking in hand it Is keeping a weather eye on debt and the property market.

Fletcher Building posted a 4% revenue increase for its first-half half trading, but not without some cracks appearing in the otherwise buoyant construction division data.

A former Dunedin CBD supermarket turned-office-space has been bought  by one of its tenants, Wilson Parking NZ, for an undisclosed sum.

New Zealand’s booming tourism market and offshore acquisitions by Tourism Holdings has buoyed its half-year result, its more than $11million profit up almost 40% on a year ago.

Cautious spending by the farming sector has seen rural supplier PGG-Wrightson post a revenue decline for first-half trading, but it remains "on track" to deliver earlier, full-year financial guidance.

New Zealand Oil & Gas has again upgraded its estimates of the oil and gas deposits in the deepwater Barque prospect, about 60km off the coast from Oamaru.

Tourism, cafes and restaurants underpinned a strong January showing for Otago Southland's services sector performance index, well up on January last year and continuing December's positive run.