Mike Sanford
* Mark McLean awarded Leader of the Year at Cooperative Business NZ Awards. * SBS Bank surpasses industry growth rates under McLean’s three-year leadership. * Recognition highlights transformational growth and focus on cooperative values. Mark McLean, Group Chief Executive of SBS Bank, has been honoured as Leader of the Year at the
* Simplicity Private Equity Fund acquired a 35.9% stake in Stabicraft Marine. * Stabicraft plans international growth following pandemic challenges with strong dealer and supply networks. * Founder Paul Adams remains majority shareholder and supports future growth with equity backing. Simplicity Private Equity Fund has acquired a 35.9% stake in Stabicraft
* Key Invercargill roads to get fresh asphalt in summer 2024/2025. * Overnight work planned to minimise disruption for businesses and road users. * Infrastructure upgrades coordinated to streamline improvements and reduce long-term impacts. Invercargill’s central city roads are set to undergo significant resurfacing, with fresh asphalt being laid on Dee,
* Eighteen winners claim $13,632 each in Lotto Second Division’s latest live draw. * Auckland player wins $29,279 with Powerball Second Division, boosting their total prize. * Lotto NZ supports communities through profits returned via lottery grants programmes. Eighteen lucky Lotto players are celebrating after each scooped $13,632 in
* SEPSCT to acquire full stakes in OtagoNet, Lakeland Network, and PowerNet operations. * Deal strengthens local control of infrastructure for Southland and Otago communities. * Operations will remain unchanged, ensuring continuity for regional electricity consumers. Southland Power Trust (SEPSCT) has announced its plan to take full ownership of OtagoNet Joint Venture, Lakeland
* Surrey Park Grandstand will undergo earthquake strengthening for safety and community use. * Construction starts mid-November, with completion expected by May 2025. * Improvements include a new roof and compliance with 34 percent earthquake standards. The Surrey Park Grandstand in Invercargill is set to receive significant upgrades as part of an earthquake
* A 14,000 square metre expansion will support advanced engine maintenance in Christchurch. * The project will create 200 skilled jobs and boost New Zealand's aviation capabilities. * Expansion will enable eco-friendly maintenance for next-generation GTF engines by 2026. The expansion, covering 14,000 square metres, will allow the centre
* The $87 million museum project officially began with a ceremonial sod-turning event. * Community support drove the council’s decision to fund and prioritise the museum build. * The museum will combine tactile and immersive digital exhibits, opening in late 2026. The next phase of work on the Museum of Southland was