Dunedin City Holdings Limited announced its six monthly report today. Chairman of Dunedin City Holdings Limited, Paul Hudson, presented the score card of the council's business arm at a boutique media briefing this morning. DCHL reports a slight dip in profit compared with the previous period, however Hudson says they're still on the positive side of the ledger. ›see story

There is no excuse for boredom this weekend, with many events on around the region. For those with a passion for fashion, there are shows both evenings at the Railway Station, a public lecture by British sulptor and jeweller Andrew Logan at the Dunedin Public Art Gallery, and period dress-ups on offer at the library. ›read more

Fashion shows are generally ways to showcase new designs and promote new trends in couture. The events should look and sound highly professional, with no technical hitches, and the production appearing to be invisible. ›see story

An interestingly decorated gentleman was seen around Dunedin last week, trying to stoke the fires of fundraising for the Kingston Flyer. The man was part of a charitable trust which is aiming to buy the steam train and put it back on the rails, which may see the iconic locomotive puff its way into Dunedin in the future. ›see story

Concerns raised by some school bus drivers have prompted Police to urge motorists to slow down when passing school buses. Inspector Alastair Dickie says the law is that motorists must reduce their speed to 20 kilometres per hour when passing a bus displaying a 'school bus' sign, which is stopped on the side of the road to set down and pick up children. ›read more

For the seventh consecutive time, the Reserve Bank announced this morning the official cash rate will remain steady at 2.5%. Forsyth Barr investment advisor Tony Conroy is not surprised by the announcement, but says the most interesting aspect was the accompanying statement which confirms rates probably will increase towards the middle of the year. ›read more