05:19 A joint study between researchers at Victoria and Otago University, show the majority of NZ's homeless are families with one or more children

05:10 Militants have attacked the American University in the Afghan capital Kabul, trapping students and teachers inside classrooms

05:10 The death toll from a devastating earthquake in the mountains of central Italy has risen to 73, with as many as 150 missing

04:39 The world's largest aircraft, called the Airlander has been damaged after crashing into a power pole on its second test flight

23:15 A powerful 6.8 earthquake has rocked central Myanmar, only hours after the 6.2 earthquake that shook Italy.

Mon, 06 Aug 2012

New Zealand dollar climb headlines business news

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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