RADIO NEW ZEALAND: Labour leader Helen Clark has officially launched her party's bid for a fourth term in power, making economic management the campaign's centrepiece and announcing the Government will introduce a bank deposit guarantee scheme.
Miss Clark unveiled plans for the Government to guarantee the deposits to a crowd of about 1,000 at Auckland's Town Hall, saying this election is about who voters trust with the future of the economy and public services.
She said Labour would not stand by and see the international financial crisis lead to depression and widespread unemployment.
Miss Clark said Labour was developing an economic stimulus package, in case conditions did not improve.
It would bring forward planned infrastructure spending and fund new building and construction projects.
Miss Clark said Labour offered vision and substance, backed by nine years of experience, and was well equipped to face the current global crisis.
Labour's campaign launch featured the slogan "It's about trust" displayed prominently on banners around the auditorium.
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