Horticulture growing but still vulnerable
Horticulture growing but still vulnerable
Avocado prices may have snared all the headlines in recent weeks in New Zealand but horticulture as a whole is in good shape.
Simon Hartley
New complex could replace Hydro
New complex could replace Hydro
A decade of dereliction will end when Timaru’s landmark Hydro Grand Hotel is demolished by developers and replaced by a more than $40 million, seven-storey mixed commercial and apartment project.
Kathmandu turns around result
Kathmandu turns around result
Leisure and sports retailer Kathmandu is readying to post a turnaround full-year result in September, its top guidance predicting earnings before interest and tax will be up 53% and profit up...
Auckland, Napier join trend to port alliances
Auckland, Napier join trend to port alliances
Rationalisation of the country's port sector is taking shape, not in the form of small port closures but in further big-small port alliances to hub bulk produce to the larger export wharves.
Kainic first entry for two-yearly business awards
Kainic first entry for two-yearly business awards
A little-known specialist medical communications company operating globally from Dunedin is the first entry for the Westpac Otago Chamber of Commerce's two-yearly business awards.
House prices rise 14%
House prices rise 14% nationally
Nationwide house values have risen 14% to beyond $600,000 for the first time, while Central Otago and Queenstown continue their upward spirals.
Oceana Gold says South Carolina no problem to finish
Oceana Gold says South Carolina no problem to finish
Oceana Gold is well placed to "comfortably fund'' the remaining costs of developing its new $US246million ($NZ340million) Haile gold mine project in South Carolina.
South Island companies gain
South Island companies gain
The Deloitte South Island index rose by $3.77billion, or 26%, to $18.2billion for the year to June, as 22 of the 29 companies tracked recorded market capitalisation gains.
Fatality shadow on Oceana report
Fatality shadow on Oceana report
A strong first half result for Oceana Gold has been soured by the death on Thursday night of a worker at its Waihi mine, the company's first fatality in 25 years.
Promise of jobs wins consent
Promise of jobs wins consent
The Overseas Investment Office (OIO) has granted consent for Chinese interests to take a majority holding in a proposed $200 million infant milk powder factory, just north of Gore in Southland.
Z integration plan going well
Z integration plan going well
Z Energys integration of 127 Caltex stations into its operations is going to plan, with Z releasing the first month of a conjoined financial statement, covering June.
NZOG keen to extend permits for exploration
NZOG keen to extend permits for exploration
New Zealand Oil & Gas has retained its southern offshore exploration permits, east of Oamaru and south of Dunedin, working with regulator New Zealand Petroleum & Minerals (NZPM) on gaining permit extensions.
Otago-linked Rich Listers' wealth tops $1.5 billion
Otago-linked Rich Listers' wealth tops $1.5 billion
Ten business people with Otago connections have again appeared on this year's NBR Rich List, their fortunes totalling more than $1.57 billion.
Ten with Otago links on Rich List
Ten with Otago links on Rich List
Ten business people with Otago connections have again ranked on this year's NBR Rich List - their fortunes totalling more than $1.57 billion.
Seriously subtropical
Seriously subtropical
From the Deep South, Simon Hartley travels to the Far North to check the veracity of claims of ‘‘winterless Northland'', and what it offers while Otago gets set to winter over.
Buying dental practices, audiology boost Abano
Buying dental practices, audiology boost Abano
Australasian dental and radiology group Abano Healthcare continues to pursue transtasman dental acquisitions, while its full-year profit was boosted by its $20million gain on the sale of audiologist Bay International.
Buying off plan sidesteps LVR rule
Buying off plan sidesteps LVR rule
The Reserve Bank's decision to impose a 40% deposit on housing investors across the country should stimulate interest in buying new houses "off the plan'', and underpin more work for the construction sector.
Kiwifruit star of $127 million trade surplus
Kiwifruit star of $127 million trade surplus
New Zealand posted its sixth consecutive monthly trade surplus in June, underpinned by record kiwifruit sales.
Dairy farmers in loss mode till 2019 at least
Dairy farmers in loss mode till 2019 at least
New forecasts for the ailing dairy sector are claiming farmers may not reach the break-even payout point until 2019 - "at the earliest''.
Kiwi’s strength hits meat returns
Kiwi’s strength hits meat returns
Red meat exporters and farmers have been warned the strength of the New Zealand dollar may play havoc with prices and returns this season, both trade receipts and at-the-gate prices.