Stellar growth in Queenstown failed to buoy Otago's overall economic confidence, with the province being one of five across the country showing a decline in sentiment, although still in positive territory.
New Zealand's tourism boom continues unabated - hitting a record 193,600 in May - with Chinese visitors outnumbering Australians for only the second time in the past 15 months.
Migration to New Zealand appears to have hit a peak, and it is expected a decline will begin shortly as fewer foreigners arrive in the country.
New Zealand's "red hot'' housing market appears set to continue for another year with Westpac analysts pushing out house-price inflation expectations for the year from 10.5% to 14.2%.
The country's service sector slowed in May but, just like the Otago-Southland results in the data, the sector continues to expand.
Recently listed poultry producer Tegel has booked a record $582 million revenue, beating most aspects of its prospectus guidance.
Median house price increases across Otago's townships and Dunedin's suburbs may have eased into single figures for the first quarter of 2016, but "critical shortages'' and high prices persist around Queenstown, overflowing into other Central Otago towns.
Queenstown is following Auckland's "halo'' housing effect, pushing buyers further afield into regional Central Otago areas in search of more affordable housing - but buoying prices in the process.
Manufacturing around Otago has taken a dip in May, undermined by parts of the agricultural sector driving down some manufacturing activity.
Trilogy International's majority shareholder The Business Bakery is selling part of its stake for $30million, while Trilogy plans to raise up to $25million through a placement, including $5million from a share purchase plan.
Shell has completed the $335million sale of the Maui natural gas pipeline in Taranaki to an Australian-based global infrastructure company, but otherwise remains silent on its future in New Zealand.
Dunedin probiotics manufacturer Blis Technologies has provided a $164,000, five-and-a-half-year, interest-free loan to its new chief Brian Watson to buy 5.5 million shares in the company.
The Central Otago Lakes region has posted a 40% annual increase in house prices, underpinned by a gain of almost 20% in Queenstown.
Boutique gold explorer Ophir Gold has announced "encouraging results'' from assays of its first round of test drilling samples in Central Otago and another test drilling programme is pencilled in after winter.
The former Dunedin manager of construction company Lund South has won the latest in a string of long-running court battles over non-payment of bonuses; covering two years of his almost nine-year employment with the company.
Buoyant global oil prices and positive sentiment from the United States Federal Reserve underpinned gains to stock exchanges around the world this week.
One of Otago's highest achievers, Sir John Roberts, was inducted into the New Zealand Business Hall of Fame 2016 last night at a function in Auckland.
The Reserve Bank held the interest-driving official cash rate (OCR) at its record 2.25% low yesterday, seemingly less concerned with low inflation issues, but analysts are still expecting a cut in August.
Otago Boys' High School pupils participating in this year's Lion Foundation Young Enterprise Scheme include an entire class for the first time, 23 year 13 pupils becoming involved in four start-up companies.
Sports and leisure retailer Kathmandu is looking to claw back $2.5million in expenses incurred over the hostile takeover attempt by Briscoes last year.
