Fletcher Building has posted a more than 70% gain in profit, with the New Zealand construction division delivering record revenue and Australian earnings improving.
A housing cost index shows homes in New Zealand's four main centres are up more than 21% since the 2007-08 global financial crisis, with Dunedin at present the cheapest of the four centres.
Heartland Bank has delivered a ''solid'' full year result and issued upbeat profit guidance for 2017, picking this year's $54.2 million profit could be up 5%-10% in a year's time.
Freightways has delivered increased revenue, profit and dividends, while signalling the year ahead could be affected by the costs of further investment.
Planners are recommending Port Otago go ahead with a proposal for extensive earthworks to stabilise the base of Flagstaff Hill overlooking Port Chalmers, in a project worth more than $500,000.
Complaints against the Otago Regional Council have been laid by Cr Gerry Eckhoff with the Ombudsman and also the Office of the Auditor-general over exclusion of the public from a recent meeting.
Despite facing similar space shortages, Port Otago will not be considering using automated straddle carriers which are soon to be phased in at Ports of Auckland.
Oceana Gold expects to be mining its new Coronation North open pit commercially during 2017 at Macraes in East Otago, subject to the outcome of last week's application to have its resource consent...
The first of two new oil tankers coming into service to replenish fuel supplies at 10 ports around the country arrived in Dunedin yesterday on its maiden visit.
Winter trading woes have struck clothing retailer Hallenstein Glasson, which has signalled flat sales and expects a decline of more than 20% in after-tax profit for the year.