16:54 A nationwide crackdown on burglaries - Prime Minister John Key is promising police will attend all reported burglaries.

16:48 Travel plans of thousands of people have been disrupted at Los Angeles International Airport this afternoon after a mass evacuation of terminals.

15:14 Tighter rules have been introduced to prevent larger cruise ships from passing through Tory Channel in the Marlborough Sounds.

15:11 Police are hunting two attackers who knocked three men unconscious in separate "coward punch" assaults in the Auckland CBD.

15:09 At a cross-party inquiry into homelessness, a Bay of Plenty midwife has described delivering babies in poverty-stricken houses.

Wed, 08 Aug 2012

New Zealand dollar on the clmb

interest.co.nz Bernard Hickey tells RadioLIVE's Marcus Lush the NZ$ heads over 82 USc despite falling commodity prices, it's worth having a look at how successful the Reserve Bank's interventions to pull the NZ$ lower in 2007 and 2008 were. They actually made a net profit of NZ$411 million.Also today, Warwick McKibbon, a former board member at the Reserve Bank of Australia, called for the RBA to intervene to push the Australian dollar down to offset all the A$ buying by foreign central banks.Wages in the June quarter only just kept ahead of inflation.And Apple almost decided not to make the iPhone after struggling to stop people accidentally turning on the smart phone with their ears and cheeks, according to Steve Jobs right hand man. 8 August, 2012

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