Business

Millions of litres of beer are being tipped down the drain in Australia as huge quantities of the liquid gold goes off in kegs. It is news no beer lover wants to hear, but with pubs and clubs closed due to coronavirus restrictions and most not due to reopen to large numbers any time soon, […]

Air New Zealand has turned its Dreamliner into a cargo carrier. The airline said it would fly the Boeing 787-9 jet between Christchurch and Auckland three times a week to take cargo from the South Island to international markets. The announcement comes weeks after the airline announced it was ground

Big plans to expand the Sanford salmon farm in Stewart Island are underway, with the arrival of a new feed barge in October. General manager of Aquaculture Ted Culley said the barge would be accompanied by eight new pens – to cater for Stage One of the expansion plans in Big Glory Bay. The barge […]

National is pushing for struggling businesses to be offered GST cash refunds of up to $100,000 as part of its alternative plan to salve the economic damage caused by Covid-19. The proposal stands in contrast to the government’s scheme for small businesses unveiled last week which offers 12-month int

Invest South has appointed Bridget Unsworth as a new director to the Board. Bridget brings more than a decade’s experience working in venture capital, private equity and angel investment sectors in London and New Zealand. “I am really excited to join the board of Invest South and to be involved in t

ANZ has reported a sharp fall in first half profit as its costs increased and it put aside more for the negative impact of the looming economic downturn. The country’s biggest bank’s net profit for the six months ended March was $789 million, compared with $1.1 billion a year ago. Lending and deposi

Chocolate maker Whittaker’s has been voted New Zealand’s most trusted brand for the ninth year running. That’s according to a Reader’s Digest survey of 1600 people, the results of which have been released today. Whittaker’s marketing manager Philip Poole said the company was pleased its chocolate wa

Local businesses – they are the heart of our region’s economy and after weeks in lockdown it is time to show them some love. That is the call from Southland’s Regional Development Agency, Great South, who has developed a campaign to encourage Southlanders to buy local, stay local and be local during