Simon Hartley

Three Dunedin start-up companies have each been awarded a share in an inaugural $8000 of grant funds, drawn from pledged donations.

Offshore deep-water oil and gas exploration drilling in the Great South Basin is back on the cards, after Austrian-owned OMV applied for a marine consent to operate in the southern ocean.

The Stock Exchange Building - demolished half a century ago - has been described as one of the most important buildings ever lost to Dunedin.

Business and employment confidence has turned sour again for the Coalition Government, a scenario which plagued it for much of last year.

An application to put a non-trading Velvet Burger company into liquidation was prompted by a long-running lease dispute in Christchurch's new hospitality precinct.

The Reserve Bank has kept the interest driving official cash rate (OCR) at 1.75%, but has said the next move could more likely be downwards.

Recipients of an inaugural cash-grant fund for start-up companies will be announced in Dunedin tomorrow night, with hopes the fund will grow to more than $500,000 annually.

The brick and concrete facade of the 73-year-old Waterfront Industry Commission building in Port Chalmers will not get a reprieve but be demolished along with the rest of the building.

The Reserve Bank is expected to keep the interest-driving official cash rate (OCR) at its record low 1.75% on Wednesday and some are picking it may be left unchanged as far out as early 2021.

Regional household confidence in Otago and Southland has taken a plunge alongside eight of 11 regions around the country, as the southern provinces cool their economic heels. 

New Zealand's annual rate of gross domestic product output was underpinned by retailing, accommodation and commercial construction sectors, but otherwise reflected a cooling from 2.6% to 2.3%.

Suggestions have been made to try to save the brick facade of the Waterfront Industry Commission building in Port Chalmers, which is under demolition.

A flat first-half trading performance by Port Otago - undermined by inclement weather conditions - is expected to pick up during the remainder of the year.

The future of a studio of late New Zealand artist Ralph Hotere on Observation Point at Port Chalmers is again in the headlines.

The Warehouse's half-year result was below analysts' expectations as recurring restructuring costs detracted from the bottom line.

Dunedin bladder cancer diagnostic company Pacific Edge has secured its 12th district health board contract, which will cover more than 60% of the country's population.

Consumer confidence has fallen beyond average levels, as households reflect the easing in economic growth during the past year.

Metro Performance Glass has for the second time in four months downgraded its expected earnings, after its Australian operations again failed to come up to expectations.

Otago has topped the rest of the country for the first time on nominal gross domestic product underpinned by big contributions from its two largest industries - construction and the rental, hiring,...