South Island style of diving! (5)
I believe the answer is:
scuba
'style of diving' is the definition.
'scuba' can be an answer for 'diving'. I'm not certain of the 'style of' bit.
'south island' is the wordplay.
'south' becomes 's' ('S' can be a synonym of 'south').
'island' becomes 'cuba' (Cuba is an example).
's'+'cuba'='SCUBA'
Can you help me to learn more?
(Other definitions for scuba that I've seen before include "Sort of diver" , "Diving equipment" , "breather" , "Aqualung" , "Skin-diving apparatus" .)