6 May 2009

Morning Report: local papers

7:46 am on 6 May 2009

Wednesday's papers: Retiring president gives $1 million to the NZ Olympic Committee; state house tenants in Lower Hutt facing eviction for their gang links are taking legal action to avoid being forced to leave.

NZ Herald

The New Zealand Herald reports the two big supermarket chains have stopped selling alcohol below cost as a "loss leader", after claims that cheap deals lead to alcohol abuse.

And the paper says New Zealand has spent more than $400 million on deployments to East Timor and Afghanistan in the past 10 years.

But Defence Minister Wayne Mapp says there will be no cutting corners as part of present Budget restraints.

Dominion Post

The Dominion Post says state house tenants in Farmer Crescent, Lower Hutt, who face eviction for their gang-links are taking legal action to avoid being forced to leave.

The Mexican swine flu outbreak has delayed a Levin family's hunt to find a miracle cure for their daughter.

Jaide Pearson, aged eight, is a blind quadriplegic who also has epilepsy and cerebral palsy. Her family had planned to take her to a clinic in Tijuana next month after she was accepted for experimental stem cell therapy.

The Press

The Press reports small investors who have lost millions of dollars in two investment funds are protesting outside ANZ banks. On Tuesday, a group staged a protest outside a branch in Blenheim. More demonstrations are planned.

Wild weather from a rogue storm system looks likely to batter much of the South Island later this week.

ODT

The Otago Daily Times says Otago Polytechnic management is "extremely disappointed but philosophical" after the Government withdrew $12.5 million of capital funding earmarked to build a new institute of design.

The contents of a container full of suspicious items - including dozens of suspected mortars, .50 calibre rounds and grenades - were inspected by the New Zealand Defence Force bomb squad on Tuesday after being discovered at a Dunedin container yard.

Queenstown businessman Eion Edgar has given $1 million to the New Zealand Olympic Committee after retiring as its president.