10:12 A body pulled from a Rotorua hot pool is believed to be that of a local man - but police are saying little more about the death.

10:11 The first female boss of the Council of Trade Unions Helen Kelly has officially stepped down from her role today as she battles lung cancer.

10:10 A Maori girls boarding school in Rangitikei looks set to close - with the government un-convinced its issues can be sorted.

10:08 Recent dog attacks has prompted the New Zealand Association of Plastic Surgeons to call for action.

10:07 A bill on assisted dying could go before parliament, after being introduced by ACT leader David Seymour.

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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