PRESS DIGEST-New Zealand newspapers - Feb 18

Tue Feb 17, 2009 1:34pm EST
 
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WELLINGTON, Feb 18 (Reuters) - Following are some of the lead stories from New Zealand metropolitan newspapers on Wednesday.

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)

Prison boss' job on the line: Prisons boss Barry Matthews' job hangs by a thread after an inquiry into parole management found major faults persisted more than a year after Karl Kuchenbecker was gunned down by freed murderer Graeme Burton.

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Jetstar - good news and bad: Wellington will get a boost in airline seats at the expense of fewer flights as a result of Qantas (QAN.AX) replacing its domestic services with budget offshoot Jetstar.

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We can't aid them all, says English: Finance Minister Bill English has warned that businesses will go to the wall as the recession bites and most cannot expect government help.

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Debt collection business grows: Tough times are proving a boon for one industry, with repossession agents and debt collectors facing a big rise in business.

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

Corrections chief faces the axe: Barry Matthews' future as head of Corrections is in serious question, after his Minister Judith Collins pointedly refused to express confidence in him yesterday.

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Pressure on Key to reveal bailout criteria: Prime Minister John Key is under pressure to reveal the criteria the Government will use to decide whether to rescue companies in trouble because of the economic downturn.  Continued...

 

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