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Helen Clark is hoping the government's move to guarantee wholesale bank lending will take some of the uncertainty out of the system.
Labour's finance spokesperson, Michael Cullen, has released details of a scheme which will guarantee loans from foreign finance institutions to local banks.
Clark says it is a matter of bringing New Zealand into line with the rest of the world.
She says it is about stabilising and settling the situation and making sure the government underpins the security of the banking system.
Clark says National has been briefed about the scheme this time, after they complained it should have been the subject of a bipartisan arrangement when first floated by Labour.
It means that loans to New Zealand banks can now be underwritten by the Crown, although the borrowing bank will pay a premium.
Cullen has also reached a flexible deal with the major banks confirming they will do all they can to help customers struggling with their mortgages.
Clark says the new arrangements will allow banks to continue rolling over their credit lines, and that it is important for people who have mortgages and loans to know that the money is there.
She says the agreement on domestic mortgages will ensure banks do not swiftly pull the rug from under people who get into trouble with their mortgage.
Meanwhile, on the campaign trail, the Labour leader says she has been blown away by the response from the public on the campaign trail.
With just a week to go until the election, Clark is promising a big week ahead for Labour.
She says she has been overwhelmed by the support she has been getting so far compared to 2005's tight race.
Clark says last time, former National leader Don Brash polarised
the electorate, while this time she has had extremely strong
support.
