From what I can tell, Origin seem to be operating fairly stably after their recent down sizing. There is definitely a place in the market for them, and they continue to offer routes that Air NZ Link don't, like Wanganui - Nelson, and Palmerston - Nelson.
They are hiring new pilots at a steady rate, so let's hope they're able to keep it in the black!
Btw, they haven't operated metros for several years.