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Zespri sued, AECT acrimony, hot stocks and Shoeshine Awards

A look at the stories in NBR's Print Edition today.

Fri, 19 Dec 2014

In NBR Print this week, a former Zespri employee currently locked up in a Shanghai prison has filed a personal grievance case against the Kiwifruit company with the Employment Relations Authority. Joseph Yu has hired Philip Skelton QC and Auckland firm Anderson Creagh Lai to represent him. His claims are understood to include serious allegations against Zespri and centre on the circumstances surrounding his incarceration. Jamie Ball and Duncan Bridgeman report.

The debate about the merits of winding up the Auckland Energy Consumer Trust and vesting its assets in Auckland Council should be as dry as dust. But bubbling beneath the often technical talk are some increasingly acrimonious accusations, as Nick Grant discovers.

The local sharemarket performed strongly again this year but, while the economic outlook is solid, growth is slowing and shares no longer look cheap. Business reporter Calida Smylie looks back on the year and asks brokers for their top for stock picks for 2015.

Meanwhile, as another large batch of companies joined the Stock Exchange boards, a specially convened Shoeshine Awards panel discusses the highlights and lowlights for shareholders.

Ruling a line under a warped, distorted year – Rob Hosking dissects the year in politics.

Almost a decade after it did a job, a family firm has won a Supreme Court bid to keep a payment for construction work. Court reporter Victoria Young finds a fascinating story about a small business going up against one of the big liquidation firms.

The government just gave the Reserve Bank another reason to hold off any further interest rate rises – and perhaps deliver a cut to the official cash rate, writes economics editor Rob Hosking.

Margin Call casts an eye over some of the surprises of the year, or “Black Swan” events such as oil’s 50% drop in price. The question is how will this effect markets and share prices next year?

It was hailed as a prime case for higher taxes for the wealthy and more redistribution to less well-off, a glowing example of how trickledown economics has failed. But as Jason Walls finds, some critics are poking some very big holes in the OECD Inequality and Growth repoprt released last week.

In the aftermath of the Sydney hostage drama, it appears the attacker was not associated with transnational Islamic terror but was probably mentally ill and using the ideology only as a crutch. Nathan Smith looks at this week’s tragedy in Sydney.

Techology editor Chris Keall talks to Carnival Mobile co-founder and chief executive Guy Horrocks.

Former Financial Markets Authority executive Sue Brown, now with DLA Phillips Fox, assesses the regulator’s big year.

Ad Media writer Campbell Gibson looks at the winners and losers of the year in advertising.

In Property, Chris Hutching sees the bullish outlook continuing in 2015

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

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Zespri sued, AECT acrimony, hot stocks and Shoeshine Awards
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