On the markets, the NZX 50 is up 15 points to 3160.
AMP up 5c to $7.40, ANZ up 3c to $28.73, Fletcher Building up 9c to $7.95, Nuplex up 14c to $2.54, SKYTV up 8c to $4.88, Telecom up 4c to $2.52, Telstra up 2c to $4.06 and Westpac up 80c to $33.50.
Auckland Airport down 3c to $1.93, ING Property Trust down 1c to 78c, Infratil down 3c to $1.56, Kiwi Income Property down 3c to $1.02, Mainfreight down 10c to $5.30, NZ Refining down 12c to $5.05, NZ Windfarms down 7c to 44c, PIKERIVER down 3c to $1.07, Sanford down 7c to $4.90 and Vector down 1c to $1.92.
The dollar is buying 72.20 US cents, 79.01 Australian cents, 48.52 Euro cents, 65.42 yen and 43.47 pence.
The 90 day bank rate is 2.83 percent and the TWI is at 64.75.
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