Almost 100 first home buyers in Dunedin are making the most of a new government funding scheme.
Since the HomeStart programme was launched in April, the government's received 89 applications from within Dunedin.
Of those, 75 have been paid out.
HomeStart replaces the KiwiSaver first home deposit subsidy. It allows first home buyers to apply for grants of up to $20,000.
Nationwide almost 7,000 applications have been lodged, and just over $7m paid out.
A locally owned electrical repair company is in liquidation, owing an estimated $200,000.
A F Johnston Electrical is owned by Lianne and Michael Montgomery, of Sawyers Bay.
Liquidators say the company ceased trading because of difficulties in collecting payments for completed work.
Assets have been sold to another electrical firm. There's $50,000 listed as being owed to the company.
Creditors haven't been finalised, but it's estimated that Inland Revenue is owed almost $150,000 alone.
Scott Technology shareholders are being asked to vote on a proposed investment scheme.
The Dunedin based company has received an investment offer from JBS Australia.
It's for a placement of ten million shares, at $1.39(a dollar thirty nine) per share.
JBS Australia is also offering to purchase shares at that price from any shareholder wanting to opt out or reduce their involvement.
It's looking to take over roughly half of Scott Technology's shares.
Umbrella company JBS is the largest animal protein processor in the world.
The dairy downturn is resulting in a quarterly fall of the producer price index.
Statistics New Zealand's latest data shows the index fell slightly in the June quarter.
That's being attributed to lower farm-gate milk prices.
Dairy cattle farming is down 5.5%(five point five percent).
And dairy product manufacturing has fallen almost as much.
Prices for electricity and gas supply have also dropped.
The reduction is influenced by higher lake levels and low wholesale spot prices.