Wednesday 23rd December, 2015

An additional $3.6m is being budgeted for the latest stage of the Leith Flood Protection scheme.

It's part of an almost $40m total redevelopment project being undertaken by the Otago Regional Council.

The extra money will go towards a section of work on Leith Street near the St David Street footbridge.

Regional Council staff are yet to calculate the final costings of the entire project.

The work is set to start next month.


Wednesday 16th December, 2015

The government has just announced there will be no new oil and gas exploration off Otago's coast in relation to the latest round of permits.

Ministers have granted nine permits in the 2015 block offer.

All of them are for exploration in the Taranaki basin.

In the past few years international companies have drilled for oil and gas off Otago's coast through the annual block offer process.

That's brought a mix of support and opposition from locals.


Wednesday 16th December, 2015

Dairy giant Fonterra is selling its Australian yoghurt and dessert business.

Another Australian company is buying the operation and taking on existing staff.

Fonterra is still heavily invested across the Tasman, recently committing more than $120m to a factory rebuild in Victoria.

It's also commissioning a new beverage plant and expanding its popular brands throughout the country.

Australia is Fonterra's largest milk pool outside New Zealand.

The changes are aimed at delivering stronger returns to farmer shareholders.


Tuesday 15th December, 2015
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Survey results show this year's main concerts at Forsyth Barr Stadium have generated almost $20m for the local economy.

Stadium managers have just released the economic impact data, after surveying thousands of ticket holders.

They say the Rod Stewart, Neil Diamond and Fleetwood Mac concerts have provided a significant boost to the city's businesses.

Last month's Fleetwood Mac concert was attended by almost 35,000 people, many of whom were visiting from out of Dunedin.


Tuesday 15th December, 2015
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The government is committing to several more years of funding for a programme aimed at growing small businesses.

Hundreds of local firms are benefiting through the programme, being delivered by the Otago Chamber of Commerce and Dunedin City Council.

And its continuation is set to be worth millions.


Monday 14th December, 2015

The owners of local McDonald's restaurants are moving away from tradition with a multi-million dollar investment.

Justin and Eterei Stonelake are taking on 30 new staff at their South Dunedin location.

That's where they're offering customised burgers through a new digital kiosk.

In total the couple are employing more than 200 staff across their three Dunedin restaurants.

They've spent almost $5m over the last few years developing the franchises.


Wednesday 09th December, 2015

A Dunedin-based game development company is reporting a sixfold increase in one avenue of its business.

Runaway director Tim Nixon says during the relaunch of a game called Splash, the number of daily active users rose by 600%.

Revenue from the cellphone game is up accordingly.

It follows Runaway's move to control its own publishing and marketing.

The company is a division of local television production firm NHNZ.

It was set up in 2009 and has since doubled its staff, with most working from Dunedin.


Tuesday 08th December, 2015

A local MP is weighing into the fight for South Dunedin's Work and Income office to be reopened.

The office in Hillside Road was flood-damaged in June and has been closed since.

Some South Dunedin residents have been complaining about having to travel into the city to the nearest WINZ office.

Dunedin South MP Clare Curran is calling on the government to offer up some answers about when the service will resume.

She says the Dunedin South electorate has more than 18,000 people on income support.


Tuesday 08th December, 2015

Local businesses are being challenged to issue at least one positive press release per year, under a new council-led programme.

The positive press challenge was recently launched by the Dunedin City Council's Grow Dunedin Partnership.

It's aimed at supporting the city's growth, generating business and attracting more people to live and work locally.

Enterprise Dunedin is helping by supplying businesses with a list of contacts and protocols for media content.

It will also be publishing positive press about Dunedin businesses on its website.


Monday 07th December, 2015

Wholesale trade is on the rise heading into Christmas.

Sales rose in five of the six wholesaling industries in the last quarter.

The largest hike was in relation to grocery, liquor and tobacco products.

That industry was up about $380m.

Wholesale trade has generally been increasing over the last six years.

It was worth more than $23b in the September quarter.