Cromwell and Clyde businesses are celebrating the success of the Lake Dunstan Trail, and hope it will help sustain the area through the usually quiet winter period.

Some businesses are resorting to hiring ‘Covid fill ins’ to cover staff absences, while others are just hoping for the nightmare to end.

The downturn in the property sector is gathering pace, the head of the country’s biggest valuation firm says.

The drugmaker has more than doubled its full year profit, with licensing of its flagship pain relief drug Maxigesic delivering strong results for the company.

Campervan operator Tourism Holdings (THL) expects to make another full year loss reflecting a number of one-time related to the sale of assets.

Kiwi Property Group has reported a solid full year profit, following higher rental income and rising property values.

The West Coast job market is booming with a surge in listings and many workers taking advantage of a programme to upskill.

Queenstown is ready to roll out the welcome mat after 330 days without a scheduled international flight.

Most homeowners are still making a profit on the resale of their home, but the tide is expected to slowly turn as prices begin to drop.