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.
Become a fan of RadioLIVE on Facebook
Was it really a mighty profit for Mighty River Power?
If the Greens are involved in a new government what do they want?
AUDIO: Pressure stays on government over Judith Collins behaviour
AUDIO: No excuse for senior Minister to release civil servant details to blogger
AUDIO: The latest business and finance news with Bernard Hickey
Incredible video footage of the moment lightning struck the Wellington Zephyrometer "wind wand"
Lee-Anne Wann's easiest and best ab workout now has a second part. Watch the video guide here
Five Mau Minutes: Labour Party leader David Cunliffe in the back seat with Alison Mau
Russell Brown and Sean Plunket go head-to-head on Maori Television's Media Take