Business

Strict loan affordability requirements and detailed checks are being relaxed, as announced by Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop. Starting from today, 31st July, eleven pages of stringent affordability regulations will no longer apply under the Cred

Mr Rental is always on the move and Invercargill owner John Beckley wouldn’t have it any other way. John bought the business 17 years ago, it now covers the entire Southern area below Dunedin, and including Fiordland along with Queenstown Lakes and Central Otago. “In 2001 we were one of the first Mr

The Commerce Commission has initiated a public consultation aimed at reducing the fees charged by Mastercard and Visa for non-terminal transactions. This move could potentially save New Zealand consumers $250 million each year. Commission chair John Small emphasised the need to encourage competition

The Warehouse Group has been approached by the company’s founder and an Australian private equity firm regarding potential interest in acquiring its shares. Sir Stephen Tindall, the founder of The Warehouse, and Adamantem Capital Partners have initiated this move. Both parties have a significant int

It was two days of great sales for exhibitors of the Southland Home Show last weekend at ILT Stadium Southland. Organiser George Owen said the exhibitors did really well compared to last year,  with a “quality” crowd that was slightly quieter than 2023. Home shows attract a niche market of people wh

Waitomo is extending its reach into Invercargill as part of its rapid national expansion, with plans to open new Fuel Stops this September. Greta Shirley, Group Manager – Customer Experience at Waitomo Group, shared the company’s excitement about moving into Southland. “We’re stoked to be heading to

Invercargill Central shopping centre is thrilled to celebrate its second anniversary, marking two years of remarkable growth and community support.  Since opening in stages, the centre has been warmly embraced by the local community, contributing to its impressive success.  Visitor numbers and sales

Invercargill Superbowl has a new owner and Angela Strang plans to turn the aging facility into a modern retro entertainment centre for all ages. The Former NZ Landlord of the Year (2015) is used to renovating old houses as one of her business ventures, but this latest commercial project to give the