Business

* 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

Resene Paint has been in the business of colour for 78 years. But the family-owned company is now facing margin pressure in its manufacturing operation. Resene paints has been a company of colour for 78 years but now the third generation family-owned business is facing margin pressure at CFO explains

* 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

It was cake and team building day for Awarua Synergy this week as it celebrated 20 years in business. Led by Sumaria Beaton-Sikisini - a Kiwibank New Zealander of the Year recipient in 2023, the healthy homes advocate still loves sharing her knowledge with the wider Southland community. Just recently

* Fonterra confirms plans to divest its global Consumer and integrated businesses. * The Co-op raises its milk price forecast for the 2024/25 season. * Buyer interest highlights the value of Fonterra’s strong global business portfolio. Fonterra Co-operative Group Ltd has announced its decision to proceed with divestment options for its

* 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

Huffer is set to open a new store in Invercargill Central Mall this December, taking over the space currently occupied by Amazon Surf. Known for its iconic Huffer Puffers and a popular seasonal range, the brand is excited to expand its presence in Invercargill and meet the needs of the