Abano takeover bid lacks support
Abano takeover bid lacks support
The hostile takeover bid for Abano Healthcare has failed to gain traction during the past six weeks.
Simon Hartley
Live music venue 'under contract'
Live music venue 'under contract'
The sale of Dunedin live music venue Sammy's is in the offing.
Otago's economic outlook up 13.9%
Otago's economic outlook up 13.9%
Confidence in Otago's economic outlook is at its highest for a decade, underpinned by international and domestic tourism around Central Otago and the Queenstown Lakes areas.
Otago hits record $310K
Otago hits record $310K
Otago's median house price has reached a record $310,000, anecdotally supported by Auckland investors coming into the South.
Sell to Babcor, Hellaby now urging shareholders
Sell to Babcor, Hellaby now urging shareholders
Hellaby's Holdings' board has done an about-face and recommended shareholders get on board with the hostile takeover by Australian company Bapcor, given the 56% acceptances to date and its...
December food prices among lowest for year
December food prices among lowest for year
December food prices were again among the cheapest for the year, but for 2016 overall food prices rose 0.6%.
Fletcher favoured
Fletcher favoured
New Zealand construction giant Fletcher Building is being picked by analysts to have a strong year ahead, albeit with a cautions about softening economic conditions in Australia.
Housing expected to be election priority
Housing expected to be election priority
Housing problems are likely to become the "No 1" election issue this year, according to the Property Institute, with the possibility of pre-election carrots for hard-hit first-home buyers.
Stronger dairy prices boost commodity index
Stronger dairy prices boost commodity index
Strengthening dairy global prices have underpinned a gain of almost 20% in the overall ANZ commodity price index.
Summerset hits target of 400 units
Summerset hits target of 400 units
Retirement village operator Summerset hit its goal of building 400 new units in 2016, and maintains demand for new units across its 10 development sites remains strong.
Global milk production downturn bodes well
Global milk production downturn bodes well
The global downturn in milk production bodes well for New Zealand's dairy farmers for much of 2017 and is increasing the likelihood of a boost in estimated payouts.
Cranes will be defunct for months
Cranes will be defunct for months
The two container cranes at Wellington's CentrePort are likely to be out of action for at least the next four to six months as the port company grapples with earthquake repairs.
Hellaby seeks clarity on Bapcor deal
Hellaby seeks clarity on Bapcor deal
The board of hostile takeover target Hellaby Holdings is due to sit down with auto-part distributer Bapcor to ''seek clarity'' over Bapcor's remaining takeover conditions, timing and its offer...
Q'town house value rise one of largest
Q'town house value rise one of largest
Queenstown Lakes has posted one of the the largest year-on-year increases in home values in the country, while the Dunedin market continues to be strong.
Bathurst to fight L&M claim
Bathurst to fight L&M claim
Coal mine developer Bathurst Resources is headed to the High Court to fight a claim it owes $US40million ($NZ57million) in performance payments.
Bapcor gets 50.1% stake
Bapcor gets 50.1% stake
The hostile partial takeover of diversified investment company Hellaby Holdings by an Australian auto-parts distributor is complete, after ASX-listed Bapcor attained a 50.1% stake.
NZ Binxi land purchase for Oamaru expansion approved
NZ Binxi land purchase for Oamaru expansion approved
Chinese-backed NZ Binxi (Oamaru) Ltd has gained approval to increase its footprint in Oamaru, with plans for a new headquarters and staff accommodation.
LVRs unlikely to affect Dunedin market - for now
LVRs unlikely to affect Dunedin market - for now
Dunedin will probably escape the worst effects of the imposition of the Reserve Bank’s loan to value ratio restrictions and rising mortgage interest rates - for the time being.
House prices: the burning questions
House prices: the burning questions
Lending restrictions and rising mortgage rates should result in house prices cooling in 2017, but there is also the perception of a bubble about to burst.
Scott riding new-tech wave into 2017
Scott riding new-tech wave into 2017
As Scott Technology prepares for its 103rd year in business with a bulging order book, ODT senior business reporter Simon Hartley talks with managing director Chris Hopkins about the company’s programmes for commercialisation and R&D.