Australasian infrastructure company Downer has been awarded a multi-million dollar road maintenance contract.
The three year contract is valued at $45m and will maintain both the urban and rural road network for the entire Dunedin area.
The contract also marks a major shift in the way work will be reported and assessed.
The aim is for the council and the public to access detailed information online that measures the company's performance against contract specifications.
Contributions from both local and international supporters have helped secure the purchase of the Hyde Railway Station.
The Otago Central Rail Trail Trust confirmed the purchase yesterday, after a successful fundraising campaign.
The funding ensures the 122 year old heritage station and its rolling stock remain on site for renovations.
Trust Chair Kate Wilson says the focus will now shift to working with the community to decide the best way to use the site.
The University of Otago has been selected as one of three tertiary institutions to host a New Zealand-China Research Collaboration Centre.
A total of $1.25m in government funding has been made available for the centre over the next five years.
The Otago site will primarily focus on enhancing research into non-communicable disease links between New Zealand and China.
Professor Jim Mann will head project.
It remains unclear whether the proposed merger between Silver Fern Farms and a Chinese investor is done.
Silver Fern Farms had till the end of June to satisfy conditions of the sale with China's Shanghai Maling Aquarius.
The Dunedin-based company insists the deal hasn't been derailed, but it's facing criticism from New Zealand First Leader Winston Peters.
He believes Silver Fern’s directors haven't acted in the best interests of the company, particularly by not seeking shareholder approval for a major transaction.
New statistics on Maori businesses are providing an insight into the economic strength of more than 1000 Maori authorities.
Maori assets grew 15.5% in 2014 to reach $15b.
It's the second reported year of asset growth with an increase of $1.6b the year before.
The main contributor to the growth was assets such as goodwill, trademarks, shares and long-term bonds and loans.
The ramifications of Britain's exit from the European Union is creating a lot of uncertainty for New Zealand markets.
However, Trade Minister Todd McClay has assured exporters New Zealand's economic relationship with the UK and Europe will remain the same for the foreseeable future.
He's currently seeking meetings with fellow trade ministers from both the UK and Europe.
The New Zealand dollar fell to a 10 day low against the greenback after the British public's vote, stoking uncertainty in financial markets.
A contract deadline is looming on a proposed merger between Silver Fern Farms and a Chinese investor.
The Dunedin-based company has to submit an application to the Overseas Investment Office before the end of June, in order to continue with the proposal.
The merger with Shanghai Maling Aquarius needs both OIO and ministerial approval before going ahead, but no recent work has been done on the application.
Shanghai Maling is bidding for 50% of the company, for a price of $261m.
The total cost of the country's flag referendum has been released, with figures showing the project came in under budget.
The provisional cost has been revealed as $21.8m, almost $4m less than what was initially budgeted.
That's despite the late addition of the red peak option, which cost just under $270,000.
The most expensive aspect of the process was the first postal referendum, coming in at a cost of $9.
After two referendums, 57% of New Zealanders voted to retain the current flag with the remainder voting for the Kyle Lockwood alternative.
Otago's prospective home owners are experiencing the side effects of a drop in the number of properties for sale.
The median price rose by more than $13,000 compared to May last year, with prices rising 8% in Dunedin.
Sales across the region for May rose 32%, up almost 40% in Dunedin alone.
Regional commentator Liz Nidd says the region only has 11 weeks of inventory on hand.
She says it's unlikely the supply situation will ease until spring at the earliest.
Auckland Blues player Tevita Li has signed with the Highlanders for the 2017 season.
The young winger will follow in the footsteps of former Blues converts Waisake Naholo and Malakai Fekitoa.
Highlanders CEO Roger Clark says while luring players to the deep south wasn't easy a few years ago, players are now seeing the side as an attractive franchise.
He's confident the shift will work well for Li and provide him with the opportunities he's looking for to further his rugby career.
A former All Blacks coach is in town, giving Dunedin high school students a talk on sport science.
Sir Graham Henry is here for the New Zealand International Science Festival to preach the importance of science in high performance sport.
And residents can see his work being put to use in the All Blacks' upcoming test match.
The Welsh rugby team have arrived in the city ahead of their clash against the All Blacks this weekend.
The management team and several players flew into Dunedin airport this afternoon from Wellington.
The rest of the team were scheduled to fly in later today where a Kapa Haka and choir will welcome them.
The squad are yet to win a test against the New Zealand side after losses in both Auckland and Wellington.
This weekend marks the last match of the three game series and will be played at Forsyth Barr Stadium on Saturday.
Jamie Joseph is starting some of his lesser known players for the Highlanders' friendly with the Crusaders in Oamaru.
The team currently has nine players on international duty for New Zealand, Fiji and Japan.
As a result Joseph has named a number of replacement provincial players for tomorrow's game.
He says the situation isn't unique to the Otago side, with several other teams facing similar line-up decisions.
The friendly game will mark the Highlanders debut for halfbacks Te Aihe Toma and Jamie Booth.