14:05 The 20 year old man, blamed for a stabbing frenzy at a Japanese centre for the disabled, allegedly attacked residents while they slept.

12:56 Tighter regulations around the treatment of bobby calves have now been officially confirmed by cabinet

12:55 A 53-year-old woman's appeared in Auckland District Court, facing fraud charges against Auckland International Airport.

12:48 Three in four Kiwis are on the hunt for a new job as they re-assess their lives and careers.

11:32 Plans to allow evacuated residents back into their homes in southern California have been cancelled as a wildfire rages out-of-control.

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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