Fonterra Co-operative Group Ltd today upgraded its earnings guidance to 50 – 70 cents per share from 45 – 60 cents per share and lowered and narrowed its forecast Farmgate Milk Price range of $8.50 – $10.00 per kgMS to $8.50 – $ 9.50 per kgMS, with a midpoint of $9.00 while holding its advance […]

A groovy new espresso cafe has set up in Invercargill, injecting another fix of caffeine on the edge of the central business district. Groove Espresso is owned by Lloyd and Taya who sold up their coffee roasting business in Perth “and moved back home to a little place called Invercargill,” earlier t

Fonterra can today confirm that its new Flexible Shareholding capital structure is set to be implemented in late March 2023, subject to the Board being satisfied that the relevant preparations are completed before then. The structure, which is laid out in a step-by-step tool for shareholders as well

AWS Legal announced Donald McIntosh as the 2022 recipient of the inaugural Stephen Whiteland Memorial Scholarship, on Monday. Formed in honour of Stephen Whiteland, a beloved AWS Legal staff member and friend who sadly passed away in May 2021, the scholarship was awarded in collaboration with Steve’

The best fundraiser ‘par none’ is happening at the Invercargill Golf Club this Friday. Southland Business Chamber events manager Leanne Humphrey came up with the idea of dropping 1500 golf balls from a helicopter into the middle of the green  – to raise money for the Southland Young Enterprise Schem

For the third time in four years, Malloch McClean has won the New Zealand Large Accounting Partner of the Year at the Xero Awards New Zealand 2022. The Invercargill-based company was also a finalist in the Advisory Partner of the Year, and overall the team impressed the judges with their outstanding

If you are a proud pet owner, you will be pleased to know that Petsmart.nz is having a birthday sale to celebrate their 30th Anniversary from Wednesday to Saturday this week.  “We’ll have lots of storewide discounts, deals and specials throughout the store,” says owner, Graeme Lewis. They will also

A Billion dollar profit for Westpac NZ Westpac New Zealand made a billion-dollar full year profit, boosted by strong revenue growth and the sale of Westpac Life. Net profit $1.05b vs $931m up 12% Revenue $2.71b vs $2.46b up 10% Chief executive Catherine McGrath said the result put the bank in a stro