WELLINGTON, Oct 13 (Reuters) - Following are some of the lead stories from New Zealand metropolitan newspapers on Monday.
Stories may be taken from either the paper or Internet editions of the papers.
Reuters has not verified these stories and does not vouch for their accuracy.
DOMINION POST(www.stuff.co.nz)
Labour puts up NZ$150b guarantee: The Government has moved to guarantee all savers' deposits, taking on a liability worth up to NZ$150 billion to reassure local investors spooked by the worsening international crisis. - - - -
Maori voters push for deal with Labour: Potential Maori Party kingmakers are being urged to snub National and do a post-election deal with Labour, polls reveal. - - - -
Pessimism drags down house sales, prices: House prices are falling further and faster as recession beckons and the global financial crisis hits home.
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NEW ZEALAND HERALD (www.nzherald.co.nz)
Government acts to keep savings safe: The Government is guaranteeing all bank deposits in response to the international financial crisis. The move, which mirrors one made by Australia's Labour Government, is intended to stop panic withdrawals.
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Labour takes heat from tax debate: It nearly cost Labour the election in 2005, but tax policy in this year's campaign is not the force that it was because Labour has taken the heat out of it.
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Housing slump puts DIY stores at risk: Plummeting house prices could see the home improvement havens for the DIY enthusiast become the next big casualty in the retailing sector's continuing slump, says one expert.
- - - - . ng COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Stories may be taken from either the paper or Internet editions of the papers.
Reuters has not verified these stories and does not vouch for their accuracy.
DOMINION POST(www.stuff.co.nz)
Labour puts up NZ$150b guarantee: The Government has moved to guarantee all savers' deposits, taking on a liability worth up to NZ$150 billion to reassure local investors spooked by the worsening international crisis. - - - -
Maori voters push for deal with Labour: Potential Maori Party kingmakers are being urged to snub National and do a post-election deal with Labour, polls reveal. - - - -
Pessimism drags down house sales, prices: House prices are falling further and faster as recession beckons and the global financial crisis hits home.
- - - -
NEW ZEALAND HERALD (www.nzherald.co.nz)
Government acts to keep savings safe: The Government is guaranteeing all bank deposits in response to the international financial crisis. The move, which mirrors one made by Australia's Labour Government, is intended to stop panic withdrawals.
- - - -
Labour takes heat from tax debate: It nearly cost Labour the election in 2005, but tax policy in this year's campaign is not the force that it was because Labour has taken the heat out of it.
- - - -
Housing slump puts DIY stores at risk: Plummeting house prices could see the home improvement havens for the DIY enthusiast become the next big casualty in the retailing sector's continuing slump, says one expert.
- - - - . ng COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.