PRESS DIGEST-New Zealand newspapers - Nov 10
WELLINGTON |
WELLINGTON Nov 10 (Reuters) - Following are some of the lead stories from New Zealand metropolitan newspapers on Tuesday.
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)
MPs hold out on perk: Two ministers who used their travel perks to spend thousands taking their wives on official overseas trips are refusing to follow Rodney Hide's lead.
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Harmony hangs on apology: Hone Harawira will attempt to mend bridges today by apologising for an inflammatory email and for skipping business to go sight-seeing in Paris.
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Big two quiet on PGG capital: PGG Wrightson's PGW.NZ two largest shareholders are keeping quiet on their intentions regarding support for the company's signalled capital raising.
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AXA Asia wants more: France's AXA SA and AMP (AMP.AX) were last night looking to revive talks with AXA Asia Pacific as the superannuation giant holds out for a sweetened offer after rejecting a takeover bid.
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NEW ZEALAND HERALD (www.nzherald.co.nz)
Watchdog cuts off race clubs' pokie cash: Internal Affairs is banning three gambling machine foundations from giving money to four racing clubs after an investigation into grants.
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Love is in the air when ministers fly off: New love could be to blame for ministers' use of a travel perk that gives them unlimited free travel for spouses and partners.
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Payout rise eases farmers' pressure Fonterra's increased milkfat payout will put an extra $110,000 into the bank account of the average dairy farmer.
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Kiwi Income looks at developing $130m office tower: The country's largest listed commercial and retail landlord is considering building the biggest office development in years. The NZ$1.8 billion Kiwi Income Property Trust KIP.NZ is mulling a NZ$130 million Auckland office tower development.
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