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Investors sue McDouall Stuart, Fonterra millionaires club under pressure, Joyce hits back

What's in your National Business Review print edition this week.

Fri, 12 Dec 2014

In today’s NBR Print Edition: A Napier couple is suing their former financial adviser after losing about $1.6 million in savings in various finance companies.

However, the claim is being defended by Wellington firm McDouall Stuart, which is expected to appeal a pre-trial decision against it over a strikeout application. Court reporter Victoria Young investigates.

Fonterra is defending its top-tier executive pay as its farmer shareholders brace for an expected near halving of their income. Jamie Ball dissects the dairy giants latest milk price forecast.

Something odd has happened to the New Zealand economy over the past four years: Households have re-discovered prudence and the virtues of saving. Rob Hosking asks what this means for monetary policy.

Unsurprisingly, Auckland Energy Consumer Trust deputy chairman Warren Kyd isn’t especially taken with the recently floated proposal to wind-up the trust 59 years early and vest its $2 billion of assets in Auckland Council. After all, EMA head Kim Campbell notes, “Turkeys don’t tend to vote for an early Christmas.” Nick Grant reports.

A unique New Zealand cloud-based software built to fight fraud at the company level could have world-beating potential, its director says. Nathan Smith talks to Vigilance co-founder Dale Towers.

Shoeshine asks Tim Bennett some key questions about NZX's deal to acquire KiwiSaver fund manger SuperLife for $35 million.

Business reporter Calida Smylie reveals Kern Group, the Australian firm that took Evolve Education Group to market plans to bundle up other New Zealand sectors, with another initial public offer expected within six months. 

Another week, another round of Callaghan funding. Economic development Minister Steven Jocye defends his case (again) as R&D sustainability sceptics wind up another gear. Jason Walls reports.

New Zealand organisations need a change of mind set if companies are going to expand their reach into the global marketplace, a US diversity eduacator tells Nathan Smith.

Central bankers are now considered superhuman and capable of fine tuning the economy and optimising the public good, says Christian Hawkesby with a wink.

Imagine Winston's Dirty Politics scenario ... Rodney Hide takes us through it.

Low oil price dividend will pay in 2015, says Nevil Gibson.

In Property, Chris Hutching focuses on a handful of industrial corporates in a winning position.

In Technology, Chris Keall charts another Shane Bradley start up success.

Also, dont miss Bryce Wilkinson and Eric Crampton debating "pay equality" versus "pay equity".

All this and more in todays National Business Review. Out now.

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Investors sue McDouall Stuart, Fonterra millionaires club under pressure, Joyce hits back
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