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Business news is presented by
A message from our sponsor: At Malloch McClean +MORE we're more than great accountants. For over 90 years, we have been helping New Zealanders build enduring wealth through successful business. Our experienced team can help you grow all areas of your business and will challenge you to succeed. Talk to us today and find out how we can help you build a smarter, better business. Contact Phone: 214 4166 Website: https://plusmore.co.nz/invercargill-branch/
Fonterra Co-operative Group has released its FY26 first-quarter business update, reporting a steady start to the financial year and continued focus on strategic delivery. Chief Executive Miles Hurrell said Fonterra’s Total Group profit after tax reached $278 million, a $15 million increase from the same period last year. This
Following the recent local elections, the Invercargill Licensing Trust board is preparing for its scheduled strategic planning session in January. As part of changes made after Covid, ILT now reviews its strategic direction every three years, aligning this work with the triennial elections. Chief executive Chris Ramsay said the regular
Southland Institute of Technology (SIT) has announced the appointment of Mr Bharat Guha as its new Chief Executive, with his term beginning on 1 January 2026. The newly formed SIT Council confirmed the decision following a competitive recruitment process that drew strong interest. Council Chair Mr Rex Chapman said, “Bharat
by Mike Sanford
Southland Institute of Technology (SIT) has announced the appointment of Mr Bharat Guha as its new Chief Executive, with his term beginning on 1 January 2026. The newly formed SIT Council confirmed the decision following a competitive recruitment process that drew strong interest. Council Chair Mr Rex Chapman said, “Bharat
Fonterra Co-operative Group has released its FY26 first-quarter business update, reporting a steady start to the financial year and continued focus on strategic delivery. Chief Executive Miles Hurrell said Fonterra’s Total Group profit after tax reached $278 million, a $15 million increase from the same period last year. This
Following the recent local elections, the Invercargill Licensing Trust board is preparing for its scheduled strategic planning session in January. As part of changes made after Covid, ILT now reviews its strategic direction every three years, aligning this work with the triennial elections. Chief executive Chris Ramsay said the regular
A new $50 million processing plant at Tiwai Point will allow the New Zealand Aluminium Smelter (NZAS) to treat waste from its aluminium production on site for the first time, reducing the need to export materials overseas. Rio Tinto announced the major investment as part of its ongoing long-term remediation
Focus Technology Group has taken home the People’s Choice Award at the 2025 Grand Business South Awards, a recognition made all the more special by being voted for entirely by the public. The IT services provider was also named a finalist in the Excellence in Customer Experience category, underlining
The Warehouse Group is planning to cut head office jobs as part of a wide-ranging cost reset, following another quarter of weak profits despite a slight lift in sales. The retailer, which includes The Warehouse, Noel Leeming, and Warehouse Stationery, posted sales of $674.1 million for the 13 weeks
A new book set to launch this month tells the story of one of Southland’s most enduring institutions. In The Service of Others: The History of H&J Smith will be released on 25 November, offering a heartfelt tribute to the people and history behind the much-loved Invercargill
Great South has received national acclaim for its work on the Murihiku Southland Aquaculture Pathway, taking home a Highly Commended award at the Economic Development New Zealand (EDNZ) Best Practice Awards. The award was presented in the Excellence in Sector and Cluster Development category, recognising successful initiatives that drive innovation,