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US dairy exporters also feel crunch of lower Chinese demand for imported dairy

But there are bright spots for America's exporters in the outlook.

Genesis says demand for new power options exceeds supply

85 megawatts (MW) of Huntly firming options have been secured by a number of participants.

Retirement giant wins fast-track consent for 13-level block at $500m village

Building to rise in Parnell after a joint venture between developer and charitable entity.

Sold for A$170m: Fletcher's Australian plumbing business Tradelink

A$10m of the deal has been deferred and might not be paid till 2026, company says.

Australia’s wine sector suffers as drinkers shun lower-end brands

Financial Times: Labels sold off in what some winemakers call its worst-ever crisis.

Air New Zealand Airpoints tech revamp done: Now what?

New upper tier coming next year to improve Airpoints scheme.

House of Travel’s new boss David Coombes: Post-pandemic surge of demand still going strong

The signs are good for leisure travel.

Multinationals sound alarm over weak demand in China

Financial Times: The appetite for foreign brands has weakened.

Power price spike a threat to provincial economy, energy users' group says

Multiple mills have had to go offline in the last week due to high power prices.

$300m Auckland skyscraper: Construction work 'paused' indefinitely

Auckland Council is 'aware that work is currently paused on the Seascape development'.

Nicola Willis open to making RBNZ ease bank capital rules

The Finance Minister is also seeking advice on a de facto 'bank tax'.

'Slow-motion train wreck': Power price warning for households as major users feel the crunch

'Slow-motion train wreck' in NZ's power market, an electricity company head says.

Du Val group: Firearms seized when Remuera property raided

Firearms were seized when authorities went to the Du Val owners' home.

36 jobs on the line at Mitre 10 headquarters

Mitre 10 chief executive cites low consumer confidence and spending.

Opinion: Time to tighten NZ competition law amid Foodstuffs merger debate

Economist's century-old theory criticised in debate over supermarket consolidation.

Foodstuffs North Island fined $3.25m for anti-competitive land covenants

Foodstuffs fined for efforts to hinder rivals from opening or expanding.