Mon, 06 Aug 2012
interest.co.nz boss Bernard Hickey talks business with RadioLIVE's Marcus Lush about the latest business news including the New Zealand dollar is almost at 82 us cents this morning, back where it was at the beginning of May. Back then commodity prices were 10% higher, so this is out of line with fundamentals. Last week Morgan Stanley and Citigroup issued NZ$1.25 billion of New Zealand dollar bonds, increasing demand for the currency.
And Reverse equity mortgage lender Sentinel has suspended new loans after struggling to find fresh funds. It was the last to stop this controversial form of lending, which some see as one way for asset rich elderly home owners to boost their retirement incomes without having to sell their homes. Sam Morgan said in a tweet that information and communications minister Amy Adams is out of her depth after the pacific fibre cable failed and she said this wasnt a problem.
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Hamish Elmslie, CEO, Wine Greade
Paul Kane, Grant Thornton Partner
Leo Mortimer: Road safety in New Zealand
Phil Twyford: Road safety in New Zealand
Clive Matthew-Wilson: Transport safety in New Zealand
The animal cruelty shown in this video leaves no wonder that Huntly Rodeo was closed down
VIDEO: Hilary's viral video of the day - Grandmas Smoking Weed for the First Time
VIDEO: Hilary's viral video of the day - Portrait of Lotte - 0 to 14 years in 4 min
VIDEO: Hilary's viral video of the day - High Street Dancing Pensioner