Generally in NZ there is no entitlement to a redundancy payment (unless something is negotiated into the employment agreement).
http://employment.govt.nz/er/ending/redundancy/
FH has said they believe there will be enough from realisations of inventory (book value believed to be $200m) to cover employee entitlements (believed to be $30m) in any case.
Ann: Dick Smith Group to Close, page-19
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