September 17, 2012 / 8:02 PM / 5 years ago

PRESS DIGEST-New Zealand newspapers - Sept 18

WELLINGTON, Sept 18 (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)

Bennett expects welfare reform to save $1.6b: Welfare reforms are expected to save up to $1.6 billion over four years. Social Development Minister Paula Bennett yesterday introduced the second round of reform legislation.

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Maori Party backs king's water claim: Government ally the Maori Party is backing King Tuheitia over his claim that maori have always owned the water.

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Economists see delayed return to surplus: Economists continue to pour cold water on the government's plan to return to surplus within three years, with a new forecast showing a $1 billion shortfall in 2014/15.

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Look outward, not at shared currency - study: Trans-Tasman monetary union has been ruled out because the costs far outweigh the benefits, according to a discussion draft released today by the Australian and New Zealand Productivity Commissions.

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Wellington workspace tops $10,000 a head: Providing office space in some of the city's flashest buildings is now costing more than $10,000 a year per worker.

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

Act sticks by Banks - for now: The Act Party board is standing by leader John Banks, despite damning evidence in a police report into donations from Kim Dotcom and SkyCity in his 2010 mayoral campaign.

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Name changes anger MP: Immigrants are often forced to take westernised names to get a job interview, Labour's ethnic affairs spokesman says.

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Little guy controls F&P's fate: Retail shareholders have the power to block China's Haier from pulling off its full takeover bid for Fisher & Paykel Appliances, which would allow the New Zealand whiteware maker to remain listed on the NZX.

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Aiding transtasman trade: The Australian and New Zealand Productivity Commissions recommend waiving rules of origin requirements for transtasman goods trade.

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Brown wooing big-name retailers: Auckland Mayor Len Brown wants to woo more big-name international retailers to the Super City.

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Red Sheds expansion brings in 300 new jobs: Around 300 new jobs are being created with the opening of three Warehouse stores in Auckland.

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