Business

It’s been a great year for Mandy Jordan from The Mortgage Supply Co - with the team clocking over 100 contracts in 2024 and the years not over. Business has been strong because Southlanders are “amazing and resilient” and know that home ownership is a long term game, she

* Fonterra raises FY25 Farmgate Milk Price midpoint to $10 per kgMS, citing strong demand. * Strategic investments include new UHT cream plant and protein production upgrades in New Zealand. * Q1 profit of $263 million reported, with focus on high-value products and operational efficiency. Fonterra Co-operative Group has raised the forecast Farmgate

In its first week, the newly launched Red Tape tipline received over 300 reports from New Zealanders frustrated by excessive regulations, according to Regulation Minister Hon David Seymour. “Red tape wastes valuable time, money and sanity,” Seymour said. “I am not surprised to see an outpouring of discontent from Kiwis

* Invercargill Airport won an award for managing Milford Aerodrome with innovative safety solutions. * Key upgrades included enhanced safety markings, walkways, and adherence to Civil Aviation Authority standards. * The project ensures Milford Aerodrome supports tourism while maintaining world-class safety and sustainability. Invercargill Airport Limited (IAL) has earned a prestigious award for

* Sophie Steel wins Southern Apprentice of the Year at 2024 HITO ceremony in Christchurch. * She receives a $2,500 prize and represents Southland's hairdressing industry on a national platform. * Steel also attended the Davines Pro Worldwide Hair Tour in Berlin this October. Invercargill hairdresser Sophie Steel was honoured

* Coalition Government invests $2.2 million to develop Southland’s aquaculture centre of excellence. * Ocean Beach expansion includes farming pods, training facilities, and workforce accommodation. * Project aligns with New Zealand's $3 billion aquaculture sales target by 2035. Ocean Beach is celebrating a $2.2 million loan from the

* 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