Appeals and counter-appeals have been lodged in the Court of Appeal by warring aviation companies Heli Holdings, in Auckland, and The Helicopter Line, in Queenstown, as the two fight over up to $14 million.
Retirement village operator Summerset has booked record sales for its second quarter, predicting strong growth for the rest of the year with more facilities opening or being redeveloped.
Two companies have landed separate energy projects in Australia - coal mining and wind turbines - valued in total at more than $A800million ($NZ836.8million).
Three former Columba College pupils are to be inducted into its Business Hall of Fame tonight, their selections highlighted by industry commitment, entrepreneurial spirit and loyalty to a family business and Dunedin.
National house values are now 40% above the previous 2007 high, and Dunedin, Queenstown and Central Otago prices have gained from 15% to 30% since then.
A dive in rental housing yields has caused investors to shy away from Auckland and its high prices, in favour of Otago, where more affordable housing offers yields more than double Auckland's. ...
Aviation heavyweights The Helicopter Line and Airwork Holdings are headed back to court, with Airwork going to the Court of Appeal over a High Court case it won and was awarded more than $2 million.
Building consent numbers issued across the country during May are up on a year ago in 10 out of 16 regions - but not Otago.
The rout of global equities sparked by Britain's Brexit vote last week has softened, and the major markets in Europe, Asia and the US have begun to retrace losses from recent days.
Beleaguered West Coast coal miner Bathurst Resources has gained regulatory approval to buy 85ha of Southland forestry land next to its Coaldale mine at Nightcaps.
Diversified investment company Hellaby Holdings has accepted an $81million offer for its equipment division, using the proceeds to pay off debt and move further into its targeted automotive and resource services sectors.
Global spot gold prices rose as much as almost 5% immediately after the results of Britain's Brexit referendum last week to touch $US1357 ($NZ1916) on Friday, but eased to trade around $US1313 yesterday.
The British pound continued to slide yesterday as turmoil abounded in European and US sharemarkets, while bourses in the Asia-Pacific region initially began retracing losses sparked by the Brexit vote on Friday, then fell back.
A hit to New Zealand's tourism industry could be one of the more immediate effects of Britain's exit from the European Union, while mortgage and business lending rates may be left on hold.
Mentoring small businesses around Otago and in the Pacific Islands has been a decades-long crusade for Dunedin businessman Michael Ferrari, and at 76 it's not yet time for him to put his feet up.
A dispute between two of the country's largest tourism aviation companies has unveiled a litany of safety claims over helicopter maintenance issues.
New Zealand should expect short-term market volatility and longer-term economic vulnerability as the effects of Britain's exit from the European Union take shape.
SBS Bank's total asset base has been boosted beyond $3billion for first time and the lender has posted an improved after-tax profit of $27.7million for its year to March.
A takeover bid of more than $1billion for global resin maker Nuplex has been delayed as European Union regulators take longer than expected to sign off approval.
Dunedin-based lender Motor Trade Finance has rejected all offers from at least two companies to take a stake in the company, saying "none had sufficient merit'' to take to shareholders for approval.
