Fonterra today announced its 2022/23 opening forecast Farmgate Milk Price and provided an update on its third-quarter performance. The opening forecast Farmgate Milk Price for the 2022/23 season is set at $8.25 – $9.75 per kgMS, with a midpoint of $9.00 per kgMS. CEO Miles Hurrell says the strong op

Fonterra Co-operative Group Limited (Fonterra) advises that it will allocate up to $50m to an on-market share buyback programme commencing 30 June 2022. Chairman Peter McBride says that in making this decision, Fonterra has looked at prevailing prices in the Fonterra Shareholders Market (FSM) alongs

Invercargill Airport Chief Executive Nigel Finnerty will be stepping down from his position on August 19 after six years in the role. Mr Finnerty said it was a hard decision to make after successfully leading the airport through a time of significant growth and development. “I don’t have any immedia

Two new business initiatives have come out of Southland Boys High School as part of the Young Enterprise Scheme (YES). Champ Thiagarajan and Lethan Pickett are currently working on an online art gallery  called NzArtsy, that sells and purchases local New Zealand artwork from behind the screen. The s

Local Engineering employers met with Engineering students last week at Southern Institute of Technology (SIT), to facilitate the annual Southland Speed Interviewing Event, which assists students in progressing towards their career aspirations and successfully entering the engineering sector. The Sou

Update: Invercargill Central fly through video embedded below. It’s barreling along! That’s the state of play with progress on the building of Invercargill Central. whatsoninvers.nz had a walk through with new centre manager Kelvin Mooney through the week. We can only say that we are, and no doubt y

Invercargill Central Limited’s new centre manager Kelvin Mooney is one of the luckiest guys in town. Imagine being the first person to be handed the keys to the new multi-million dollar inner city development when Stage One opens on 14th of July. Beginning his new role in March, Kelvin is responsibl

Distinction Hotels is pushing ahead with its plans for a new 4.5 star, 150 room hotel in the Invercargill City Centre, and owner Geoff Thomson said he doesn’t care what it costs. The Invercargill-based businessman owns Distinction Hotels all over New Zealand including Dunedin and Te Anau, and addres