Top business stories from nzherald.co.nz for Mon, June 08:
Office space for 6000 lies empty in Auckland
Auckland has enough empty office space for more than 6000 people and undeveloped commercial land values have halved since 2007, the latest six-monthly update on Auckland's commercial property market shows.
Contact Energy profits set to plunge by a third
Contact Energy is expecting full year underlying earnings after tax to fall by as much as a third, due to lower than expected wholesale electricity prices.
Signs of stability in property market
The property market is showing signs of stabilising, but an industry expert says the latest QV statistics are merely a "blip" and the market will continue to slide.
Muddy boots - must be Fieldays
Farmers may not be immune to the icy touch of recession, but National Agricultural Fieldays chairman Lloyd Downing says there will be a positive outlook at this week's massive agricultural show.
