Business

South Port has a new chief executive. Derek Nind will take over as CEO on July 27, replacing Nigel Gear who steps down at the end of May after 8.5 years leading the Bluff port company. Nind brings deep port experience to the role. He previously served as chief

The Government has unveiled a $1.2 billion loan scheme to help thousands of New Zealand businesses move away from dwindling natural gas supplies while protecting local jobs. The Gas Transition Loan Guarantee Scheme will see the Crown guarantee 80% of each supported loan, enabling banks to offer lower interest

The Warehouse Group has posted stable sales despite tough economic conditions, with customers making fewer shopping trips but spending more per visit. The retail giant, which operates The Warehouse Red Sheds, Warehouse Stationery and Noel Leeming stores, reported third-quarter sales of $700.8 million, down 1.4 percent on the

Afterpay is collecting nearly $20 million annually from late fees in New Zealand, despite marketing itself as an interest-free service. The buy-now-pay-later provider made $18.5 million in late fees in 2024, rising to $19.7 million last year, according to company results. While customers pay no charges when they

A company's plans to set up floating saunas on a small Te Anau lake have been rejected by Southland District Council after strong community opposition. Floating Sauna Ltd had applied for a licence to place two saunas and a changing room on a floating pontoon at Lake Henry,

It has taken three years already for a decision to be made on the future of Invercargill's art gallery, but for now the temporary one will do. The Community and Regulatory Committee decided on Wednesday May 13 to extend the contract to operate the transitional public art gallery

Invercargill shoppers have scored big after a city centre promotion attracted more than 10,000 entries and boosted local business in April. The Visit, Shop & Explore campaign, run by Great South and Invercargill City Council, offered a $3,000 prize pool to encourage people to shop locally. Seven winners

The husband-and-wife team behind popular mobile food business The Saucy Chook have taken over the main campus café at Southern Institute of Technology, bringing fresh energy and expanded menu options to the student hub. Emmanuel and Inov Listiarto have rebranded the café as Between Classes, introducing their signature chicken dishes