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Thursday 09th June, 2016
Enterprise Dunedin is set to spend an additional $300,000 a year to entice more people to move South.
The allocation is on top of the existing international tourism budget, and includes $100,000 for domestic marketing.
The additional $200,000 is earmarked for promotion of the city to Australians.
Staff will work with industry partners on the two year marketing plan, outlining the key goals and objectives for the funding.
This latest push to attract more people to Dunedin follows on from a print supplement targeting Aucklanders earlier this year.
Thursday 09th June, 2016
Enterprise Dunedin is set to spend an additional $300,000 a year to entice more people to move South.
The allocation is on top of the existing international tourism budget, and includes $100,000 for domestic marketing.
The additional $200,000 is earmarked for promotion of the city to Australians.
Staff will work with industry partners on the two year marketing plan, outlining the key goals and objectives for the funding.
This latest push to attract more people to Dunedin follows on from a print supplement targeting Aucklanders earlier this year.
Thursday 09th June, 2016
The official cash rate remains on hold at 2.25% despite many economists expecting it to be cut.
Reserve Bank Governor Graeme Wheeler noted that while global financial market volatility has lessened, the economy remains weak.
As a result of the decision, the kiwi dollar rose, hitting a 12 month high of just over US71c.
While customers don't borrow at the rate of the OCR, it has a direct influence on the interest rates on mortgages and the returns on bank deposits.
Tuesday 07th June, 2016
The country's wholesale trade and manufacturing sales have slipped for the second consecutive quarter.
The largest loss was recorded in motor vehicles and motor-vehicle parts, down 4.2%.
However the latest figures from Statistics New Zealand show manufacturing values are up 2% compared to the same time last year.
That's a rise of more than $440m.
The trend for wholesale trade sales has generally been increasing since September 2009, although it now appears to be easing.
Thursday 02nd June, 2016
More than a million dollars in community grants have been allocated to local businesses and organisations.
The Otago Community Trust has given out a total of $1.4m in its latest funding round.
That amount includes several six figure grants to groups around the region including $500,000 for Otago Museum.
The Dunedin Symphony Orchestra and the North End Rowing Club are also benefiting, each receiving $80,000.
Thursday 02nd June, 2016
The Dunedin City Council has awarded more than a million dollars worth of maintenance contracts to two local companies.
From July, the care and maintenance of cemeteries and trees throughout the city will fall to contractors Delta and Asplundh respectively.
Delta beat out three other tenders for the five year cemeteries contract, worth more than $550,000.
The contract involves maintenance across all 20 cemeteries in Dunedin including the upkeep of lawns, gardens and facilities.
Asplundh's three year trees maintenance contract is worth $496,000.
Wednesday 01st June, 2016
Dunedin home values have increased significantly in the past three months, reflecting a similar national rise.
The latest figures from Quotable Value New Zealand show the average price in the city is now just over $320,000.
That's an increase of more than 4% since March.
The national rise over the last three months was 3.9%.
Dunedin valuer Duncan Jack says right now it's a seller's market locally with buyer demand still strong.
Listings, however, are low for this time of year.
Tuesday 31st May, 2016
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More than a quarter of a million dollars is going into the coffers of local community groups and organisations.
The money's being distributed by the Dunedin City Council, based on decisions by councillors and community representatives.
In total just over $255,000 is being allocated to 92 different entities.
The money's covering programmes and initiatives involving local culture, education, sport, art, recreation and heritage.
Work being funded is aligned to the council's strategic framework.
Most groups are getting a few thousand dollars each.
Tuesday 31st May, 2016
The city's seeing a lull in building activity, with fewer consents being issued for new dwellings.
Just 19 planned homes were signed off in Dunedin last month, down from 33 in March and 50 in February.
That's a 33% drop compared to this time last year.
Nationally more houses are being consented although the construction boom is easing slightly.
The most development remains in Auckland, Canterbury and Waikato.
Overall the number of new dwellings being consented annually is at an 11-year high.
Thursday 26th May, 2016
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Funding for the cash-strapped Southern District Health Board will increase by millions of dollars to a record amount in the next financial year.
The government's investing $16b in health as part of its newly-announced eighth annual budget.
But the opposition isn't happy with planned spending.