Friday 04th December, 2015
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The government is extending the term for the commissioner-led team in charge of the Southern District Health Board.

Earlier this year the government sacked the board in charge of the organisation, appointing a commissioner and three deputies in its place.

Now the commissioner-led team is being given extra time to turn the cash-strapped organisation around.

Already the SDHB's forecast annual deficit has been reduced by several million dollars.

It's now expected to be around $36m for the current financial year.


Friday 04th December, 2015
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The Dunedin City Council is spending millions of dollars on a pipeline renewal project in Kaikorai Valley.

Over the next three years the suburb's century-old waste water pipes will be replaced.

And the work's also expected to benefit residents in other parts of the city.


Friday 04th December, 2015

The rate of construction is up around the country, with building activity increasing in most regions.

Nationally there was $4.2b worth of construction in the last quarter alone.

Details for Dunedin aren't available, but Statistics New Zealand has measured activity for Canterbury and the rest of the South Island.

Excluding Canterbury, there was $395m worth of building work in the South Island during the September quarter.

That's the highest quarterly level for the area in at least five years.


Thursday 03rd December, 2015

The country's had a good year of trading, with an almost $3b surplus.

Exports brought more money into the country during the last 12 months than what was spent on imports.

Almost $70b was generated from exported goods.

A significant increase in trade with India is being reported by Statistics New Zealand.

India was the eighth largest export destination, as at the end of September, largely due to education travel trade.

That's grown to eight times what it was in 2007.


Wednesday 02nd December, 2015

The New Zealand dollar fell over 8% in the last quarter, its largest quarterly drop in almost seven years.

It means the merchandise terms of trade is down, with import prices rising more than exports.

Prices for imports rose just over 7%, their largest increase in seven years.

Petroleum products led the way, up 13%, but they're still significantly lower than a year ago.

The volume of imports and exports both reached new highs in the September quarter.

Record import volumes have been set every quarter since June 2013.


Tuesday 01st December, 2015
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More information is being compiled about how the Dunedin City Council deals with local businesspeople.

The council is reaching out to professionals by launching a new quarterly satisfaction survey, following an initial study in April.

But the commercial community is still waiting to see the baseline data.


Tuesday 01st December, 2015

A locally-owned company is being liquidated as part of a restructure.

Moray Plastics Limited was placed in the hands of liquidators a couple of weeks ago.

Its assets are listed as being worth just over $100,000.

There is no debt detailed within the liquidator's first report.

They say the liquidation is part of a restructure of the company, which has remained solvent.

Moray Plastics has been operating for more than 20 years, and is directed by Alastair and Rowena Wisnesky, of Dunedin.


Tuesday 01st December, 2015
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Some big ticket items have come up for discussion in the Dunedin City Council's latest meeting.

Councillors have been considering a report on the proposed Mosgiel swimming pool.

It highlights a conflict between council staff and trust members, who can't agree on what can be delivered within budget.

The trust thinks a four-pool complex can be achieved for just over $14m.

But staff estimate that would cost about $20m.

The council's tasked with deciding a preferred site for the complex, and directing more detailed designs for a two-pool facility.


Friday 27th November, 2015

Four private investors have purchased a 77% stake in the operating licence for the Highlanders.

They're not saying how much money the five-year deal is worth.

Dunedin businessman Matthew Davey is leading the investment charge.

He's the founder and chief executive of Ticket Direct.

The Highlanders is the last of all five Super Rugby teams to be managed by new operators.

A 13% stake remains with provincial rugby unions, and New Zealand Rugby holds a 10% share.


Friday 27th November, 2015

Local community groups have been given just over $180,000 from the Dunedin City Council.

The council's grants subcommittee has allocated funds to 83 different groups.

No more than $5000 is going to each recipient.

The money is to help local organisations and groups with programmes related to a range of community activities and events.

It's also for growing arts, culture and heritage in the city, and for supporting youth development.