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The latest study of New Zealand’s primary sector shows booming exports for the second year in a row. The SOPI report (Situation Outlook for Primary Industries) shows total farm, fishing and forestry exports for the year to the end of this month forecast to rise to $45.7 billion. That is a 7.1 percen
What’s On Invers Business Hub News Presented by The Invercargill City Council has opened public consultation as to whether it should commit $30 million of investment to the HWCP inner-city redevelopment project but Southland Chamber of Commerce CEO Sheree Carey said the alternative was not an option
Continued growth in the core residential lending and a strong performance in its consumer finance subsidiary has boosted SBS Bank Group’s financial results, with a 15.5% increase in operating surplus for the year ending 31 March 2019. SBS Bank chairman John Ward said with SBS Bank marking its 150th
The Tiwai Point aluminium smelter has posted an increased bottom line result, although underlying profits have fallen in the face of volatile prices and power costs. The Tiwai Point smelter near Bluff. New Zealand Aluminium Smelters (NZAS) made a net profit of $207 million in the 12 months to Decemb
PowerNet Chief Operating Officer Michelle Henderson won the Safeguard Business Leaders Health and Safety Forum – Leader of the Year Award at Tuesday nights (28th May) New Zealand Workplace Health and Safety Awards held in Auckland. Henderson won the award for developing the innovative ‘Coaching by K
On Monday (May 20th) evening a packed Victoria rooms at Invercargill Civic Theatre hosted a public meeting held by Invercargill City Council to discuss the investment by ICC of up to $30 million ($20M + $10M contingency for any over runs) in the planned $180M redevelopment of the centre city block o
Opinion: The consent hearing period for HWCP’s inner-city redevelopment has just closed but there is still work to be done. It may seem like a time where we take a step back and wait for an outcome, but it is in fact the opposite. Like so many, the Chamber is waiting with anticipation to see […]
ILT plans to inject $7.5 million into its portfolio of commercial properties over the next 12 months. ILT board members recently approved the substantial capital and project maintenance budget for the 2019-2020 financial year. Chairman Alan Dennis said reinvesting in its existing businesses was a lo
