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Wednesday 03rd December, 2014
Consent activity for new homes is easing across the country.
The number of new dwellings being consented has stayed high throughout the year.
And while the trend is dropping off, the market remains strong.
It's about 6% higher than this time last year, as shown in the latest data from Statistics New Zealand.
More apartments are being built overall, and the areas with the highest activity are Canterbury, Auckland and Waikato.
Just over 2000 new dwellings were consented in October, with a value of about $1.3.
Monday 01st December, 2014
People are spending more on housing, as shown by the latest Household Economic Survey.
Home-owners are also spending more on their mortgage principal, rather than just interest.
The survey shows average annual household income has increased in the last couple of years.
It's now almost $89,000.
The average amount each household is spending per week has also risen, to almost $300.
Mortgage and rent payments are up, with people spending about 16% of their income on housing.
That includes mortgages, rent, rates and insurance.
Friday 28th November, 2014
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Dunedin North MP David Clark has just been promoted in the latest Labour Party caucus reshuffle.
He's number 10 on the caucus list, which is his highest position to date.
Friday 28th November, 2014
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The Otago University Students' Association is pulling out of the national students' association union.
Friday 28th November, 2014
The overall value of goods exported from New Zealand has fallen.
Figures show that exports were down more than $200m in October, compared to the same month last year.
The fall is largely related to goods exported to China, such as milk powder.
Huge reductions in the quantity and value of milk powder exported to China has cost hundreds of millions of dollars.
Butter and cheese exports are also down.
However exports to Australia are up, thanks to changes in the crude oil market.
Overall the value of imported goods has risen.
Tuesday 25th November, 2014
Dunedin residents seem to be saving more money for Christmas than anyone else in the South Island.
Figures have been compiled by NZCU South, in relation to the number of members opening Christmas-specific savings accounts.
In Dunedin more than $1.5m has already been saved in such accounts.
That's more than five times the amount saved overall in Christchurch.
There are more than 6000 Christmas accounts with NZCU South members.
In total they contain about $5m.
Monday 24th November, 2014
Dunedin North MP David Clark has been promoted in the Labour Party caucus reshuffle.
He's now number 10 on the party list - his highest position to date.
Newly elected Labour leader Andrew Little revealed his new caucus this morning.
Clark has gained the economic development portfolio, which will pit him against Steven Joyce.
He's retained his associate roles for finance and health.
Clark will work with Grant Robertson on the finance portfolio, and has long been a Robertson supporter.
Friday 21st November, 2014
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A member of a highly-organised Auckland drug ring is believed to be on the run in Dunedin.
Wednesday 19th November, 2014
A new survey has found that New Zealand's small business sector is faltering.
The survey was conducted by CPA Australia, one of Australia's largest professional accounting bodies.
It's conducted annual small business surveys for Asia and the Pacific over the last six years.
And it's found that small businesses in New Zealand are struggling, compared to competitors elsewhere in the region.
Less than half of New Zealand's small businesses have recorded growth in the last 12 months.
Tuesday 18th November, 2014
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The government is going through the process of inviting petroleum companies to bid for next year's exploration rights.
It's known as the petroleum block offer, and in the past it's been met with support as well as resistance from the Dunedin community.
So now the city council is seeking public feedback on the issue, to include within its own submission.