The PM was elected on the basis that his previous career as CEO meant he had a much greater business acumen than Labour's leaders - that he knew the "Art of the Deal", as Donald Trump's famous book once described it. However, yesterday it was revealed by the accountant, Peter Reidy, who is the Chief Executive of KiwiRail, that the builder of the now cancelled new ferries, Hyundai Mipo Dockyard (HMD), in South Korea, has put in a claim stemming from the terminated $551 million contract, since the shipyard has already started work on them.
