Fruit exports helped peg back declines in the value of dairy exports for April and delivered a trade surplus of $292million for the month, the fourth consecutive monthly surplus.
While the country pauses to gaze at the crystal ball of Budget 2016 tomorrow, many regions will be anxiously awaiting Fonterra's new season payout forecasts.
IkeGPS, the Wellington-based developer of portable geolocation and laser measurement devices, has posted increased revenues and gross profit for its full year trading to March - but alongside an after-tax loss of $8.8million.
Exploration company New Zealand Oil & Gas (NZOG) delisted from the Australian stock exchange yesterday as the company strives to keep costs under control.
Queenstown is in the middle of a ‘‘perfect storm'' of housing supply and demand, posting one of the largest annual increases in property values across the country.
Dunedin niche engineering company Scott Technology started today more than $40 million better off than on Wednesday, with the conclusion of the JBS Australia takeover.
Australasian infrastructure giant Downer is shedding more than 7% of its Otago workforce, with 33 jobs to be lost from the more than 430 around the province.
Dunedin-based probiotic manufacturer Blis Technologies has predicted it will finally be in the black for the first time, this time next year, after posting its 15th annual loss, of $814,000 yesterday.
Brokers are upbeat over Ryman Healthcare's 2017 outlook, following its 14th consecutive profit gain last week, with upgrades to profit expectations and share price targets.
Airwork Holdings and The Helicopter Line were at one point claiming and counter-claiming respectively $16million and $5million against one-another, leading up to their High Court stoush. Simon Hartley reviews the High Court judgement released this week - the subtle nuances of contractual law somewhat overshadowed by an alarming insight into the safe operation of helicopters.
Ryman Healthcare has booked another record after-tax profit, rising 26% to $305million, through new retirement village units and the strong housing market underpinning rising valuations.
A day after Infratil advised shareholders it was mulling over how best use its almost $1billion war chest, the infrastructure investment company revealed yesterday it had bought an $A392million ($NZ419.4million) stake in Australian business Canberra Data Centres.
Otago's economic performance stacks up well against those of the country's other provinces, but a red flag has been raised because its strength from tourism and residential construction is centred in the Queenstown Lakes District.
Downer NZ's roading division has secured an $86million seven-year contract covering the maintenance, marking and resurfacing of much of Otago's network of state highways.
Strong contributions from Infratil's retirement home investments in New Zealand and Australia boosted full-year revenue 2.5% to $462.1million.
Steel & Tube has downgraded its full-year profit expectations by 10%-15%, having been affected by low prices, competition and recent quality issues over labelling of its seismic mesh.
In the face of aggressive competition, Dunedin-headquartered Motor Trade Finance has posted slight declines in sales and market share but maintains a positive growth outlook for the remainder of the year.
Southern-based The Helicopter Line must pay more than $2 million to listed Auckland heli and freight services company Airwork, a High Court decision says.
Sweeping changes to New Zealand's media make-up should not have ramifications for the Otago Daily Times and its southern readers.
The country's media landscape is headed for momentous change with a planned merger of the extensive New Zealand assets of Fairfax Media and APN News & Media, both of which are Australian-owned.
