Business Update

Continued strong performance, underpinned by diversification of the business, has resulted in Christchurch Airport declaring a higher than forecast total annual dividend for the year.
The Ara Institute of Canterbury's new trades building in Timaru is one step closer to welcoming students and providing a mix of engineering spaces for multiple learning streams, including gas and electric welding, lathe and machining and fabrication.
Canterbury businesses will be breathing a small sigh of relief as interest rates start to fall, following today’s OCR announcement by the Reserve Bank.
An innovative nitrogen budgeting tool has been launched to help vegetable growers reduce environmental impact, increase efficiency, and promote sustainable agricultural practices.
Christchurch Airport has announced the return of China Southern Airlines for an expanded summer season, bringing significant benefits for the regional economy.
A new initiative to provide increased police visibility in some of Christchurch's key business districts was launched this month.
Local aerospace company Dawn Aerospace has achieved a “major performance milestone” in the development of its rocket-powered aircraft, Mk-II Aurora.
Canterbury company Fabrum is set to supply Toyota with its proprietary liquid hydrogen storage technology.
Christchurch Airport has unveiled plans for a revamp of its terminal offering with the new facilities expected to be ready for a busy summer of international visitors.
Rau Paenga expects to have construction of Christchurch’s Parakiore Recreation and Sport Centre completed in July 2025.