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Election 2014: the fork in the road, Orion Health’s growing pains and a $25m leaky building claim

Fri, 19 Sep 2014

A vague continuation of current policies or a sharp left turn are the choices facing New Zealanders as the country goes to the polls tomorrow. Political editor Rob Hosking looks at what lies ahead regardless of the outcome of tomorrow’s election.

Also in NBR’s Print Edition today, the international ratings agencies say they are monitoring the election with regard to their current outlooks for New Zealand.

Our editorial this week discusses the rise of populist anti-immigrant, economic nationalist parties and their challenge to centrist politicians. Tomorrow’s poll result will show how far New Zealand has gone down that path.

Foreign ownership of domestic equities is back at pre-financial crisis levels but analysts are warning of impacts should New Zealand fall out of favour with overseas investors. Business reporter Calida Smylie has the story.

Reporter Nick Grant reveals how for the past three years the government has been quietly trialling a model aimed at revolutionising the way social services are delivered.

Another leaky building court case has wrapped up – and owners are confident about getting more than $20 million needed for repairs. Court reporter Victoria Young assesses the impact.

Fallout from the receivership and sale of transtasman breadmaker Yarrows continues to spread three years later, with liquidators conducting further investigations in Australia. Chief reporter Duncan Bridgeman reports why six Sydney based directors have been summoned to attend public examinations.

Software developer Orion Health has made some governance changes ahead of a possible IPO. Duncan Bridgeman asks new chairman Andrew Ferrier what else the company is doing to ease any growing pains and prepare to bring in new capital.

Meanwhile, guest columnist Chris Somogyi from Callaghan Innovation gives his view of what’s next in healthcare.

Agribusiness reporter Jamie Ball looks at what impact lower forecast milk payouts are having on dairy farm sales.

Can company directors be comforted by a High Court decision dismissing a $185 million claim by former shareholders of failed carpet maker Feltex? A securities law specialist gives her view.

Recent political jockeying regarding New Zealand’s spying processes highlight the dangerous devolution into what one former GCSB officer is calling the “politicisation of intelligence”. Reporter Nathan Smith assesses the collateral damage.

On the subject of surveillance, Shoeshine says companies need to take greater awareness of the threat of cyber attacks following recent high-profile hacking of corporations such as Home Depot in the US.

In property matters this week, Chris Hutching adds up the total worth of commercial property overseas investors have acquired so far this year.

Ad Media writer Campbell Gibson reveals which agency is the front runner to take over the Auckland Council marketing and communications account after incumbent Ogilvy & Mather got the boot.

NBR’s Special Report this week focuses on building services and how to solve headaches that come with moving to a new office.

Briefly:

  • David Linklater reviews Audi’s new ‘pocket rocket’
  • Nevil Gibson on Boeing’s space taxi’s $US4.2 billion liftoff
  • Neville Bennett picks a sharp correction in world stock markets

All this and more in today’s National Business Review. Out now.

 

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Election 2014: the fork in the road, Orion Health’s growing pains and a $25m leaky building claim
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