PRESS DIGEST-New Zealand newspapers - Nov 30

WELLINGTON | Mon Nov 29, 2010 1:50pm EST

WELLINGTON Nov 30 (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)

Hanover staff summoned for fraud inquiry: Thirty people associated with Hanover Finance have been ordered to front up for Serious Fraud Office interviews and to hand over documents as the office investigates suspected fraud. - - - -

Big chunk of dairy firm goes for sale: Christchurch investment bank Murray and Company is marketing a big shareholding in corporate dairy farmer Dairy Holdings, one of Allan Hubbard's key assets, to overseas and domestic investors.

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Dairy stars in export-led recovery: In a sign of an export-led economic recovery, high dairy product prices have pushed the annual trade surplus to almost $1.2 billion - its best level since 1994. - - - -

Firm sees no sign of sales recovery in NZ: Bathroom and kitchen company Methven MVN.NZ says there is a growing disconnect between building consents and demand for its products, with no sign of a recovery in New Zealand.

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NEW ZEALAND HERALD (www.nzherald.co.nz)

Raging fire adds to agony at Pike River: Flames were last night shooting from the top of a 108m ventilation shaft at the Pike River coal mine - and only a couple of mountain peaks away a 43-year-old fire from the Strongman mine continues to billow smoke.

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Air NZ customers paying by card hit with extra costs: Air New Zealand AIR.NZ is adding extra charges to its booking process which will increase costs for every customer who pays for flights by credit, debit or charge card.

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Richlisters up for Govt bailout: Taxpayers could be paying as much as $178 million to bail out a failed finance company owned by one of New Zealand's wealthiest families.

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Hanover directors face SFO probe: The directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.

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