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Page icon Liquidators try to claw back money lost through Ponzi scheme

Liquidators are closing in on money lost through the Ross Asset Management group of companies. The group was found to be a Ponzi scheme, but some investors managed to withdraw millions before it collapsed. Now liquidators are trying to claw back some of the $115m lost. That's to secure money for about 1200 rightful investors. ›read more

Film icon. Economic development strategy the focus of doubt

Economic development is one of the Dunedin City Council's main priorities. And one of the projects it's working on aims to strengthen the council's relationship with the Dunedin business community. But there's doubt internally about whether the initiative is as effective as staff say it is. ›see story

Page icon Otago Community Trust allocates funds for South Dunedin youth

South Dunedin children are benefiting from the latest round of funding from the Otago Community Trust. The trust has allocated $10,000 to the Straight Up Trust, which funds five part-time youth workers in South Dunedin schools. It also organises Rock Solid youth clubs in the suburb each evening, and leadership courses for youth in need. ›read more

Page icon Data sharing eco-system suggested to grow New Zealand's brand

New Zealand’s international brand and exports could grow significantly with the creation of a data sharing eco-system. That's according to a paper released by the New Zealand Data Futures Forum. Food traceability or 'paddock to plate' tracking is one of a number of kick start projects recommended in the paper. It would see New Zealand become a world leader in the trusted use of data. ›read more

Page icon Value of exported goods falls

The value of exported goods has fallen 7.4% in the June quarter. The seasonally adjusted value of exports was $12.4b. The drop follows a small increase in the March quarter, and large increases in the September and December quarters. Dairy prices have contributed to the decrease, with milk powder, butter and cheese down 8.1%. That's a drop of $335m. Logs, meat and fruit also fell. ›read more

Page icon Working while studying not a disadvantage for school children

Dunedin research has found that school children can combine study with part-time work, and not suffer any long-term disadvantages. The study was conducted by University of Otago researchers. They analysed data from the long-running Dunedin Multidisciplinary Health and Development Study. ›read more

Page icon Official cash rate rises

The Reserve Bank governor has raised the official cash rate, as expected. He also signalled a pause in rate hikes, to assess the impact of moves so far this year. The Kiwi dollar sank after he said its strength was unjustified, and that the currency could have a significant fall. The quarter point increase in the official cash rate to 3.5% was forecast by economists. ›read more

Film icon. Public bus service changes will cost an extra $300,000 a year

Changes to some of Dunedin's public bus services will cost an extra $300,000 a year. The current service programme has to be adapted to fit in with new legislation being implemented by the government. And it means the Otago Regional Council will foot half the bill. ›see story

Film icon. Dunedin's newest cinema complex finally unveiled

After a longer than expected rebuild, Dunedin's newest cinema complex will officially open to the public tomorrow. Reading Cinemas has taken over the old Hoyts complex in the Octagon. And after spending more than $5m, those in charge say they couldn't have done it without local help. ›see story

Page icon Downward trend in local authority spending

Statistics New Zealand has released its latest comprehensive analysis of spending by local authorities, showing a downward trend. Published today, the data relates to the 12 months to June 2013. It shows spending on core services declined from $8.5b to $8.3b. It's the first fall in operating expenditure in 20 years. ›read more

Film icon. DCC seeking feedback on a communal housing development proposal

The Dunedin City Council is seeking public feedback on a proposal to transform the former High Street School into a communal housing development. ›see story

Film icon. Nightly interview: Paul Gillies

A Dunedin business has recently cleaned up at the Landscaping New Zealand distinction awards. Design and Garden Landscapes won the national landscape of the year award, as well as a host of other accolades. Acting manager and site foreman Paul Gillies joins us to talk about the honours. ›see story

Film icon. Millions worldwide will see what Dunedin's made of

Dunedin harbours a talented pool of film and television professionals, and the city's reputation for producing world-class content is growing. At the centre of the local industry is NHNZ - formerly Natural History New Zealand. And its latest show is proof to millions worldwide that Dunedin residents are punching well above their weight. ›see story

Film icon. New manager of city property appointed

The Dunedin City Council has appointed a new manager of city property - to oversee its wide-ranging portfolio of buildings and land. ›see story

Film icon. Temporary court building receives funding for next stage

The Government has committed more than $3m to the next stage of development at the temporary Dunedin court building in High Street. ›see story

Page icon New Zealand drops in global innovation ranking

New Zealand's global innovation ranking has slipped from 17th to 18th, while Australia's has risen. The rankings are part of the 2014 Global Innovation Index, compiled by Cornell University. Australia has jumped three places to 17th, taking New Zealand's last spot. ›read more

Film icon. Dunedin sea level rise risks could cost the city millions

Millions will need to be spent on protecting South Dunedin from sea level rise, as a result of climate change. The most comprehensive information about the likely risks and costs associated with sea level rise in Dunedin has been compiled. Now councillors must consider what's likely to happen to the city in coming decades, and how much it will cost to mitigate adverse effects. ›see story

Film icon. Nightly interview: Kim Calvert

The Dunedin-founded company Cottonsoft has just won a major environmental award for innovation. It was assessed by independent environmental scientists through the Government-owned ecolabel Environment Choice New Zealand. Cottonsoft country manager Kim Calvert is here to tell us all about it. ›see story