On the markets, the NZX 50 is down six points to 2463.
Air New Zealand is up 2c to 80c, AMP is up 5c to $4.90, ANZ is up 50c to $16.35, Nuplex is up 8c to $1.03, NZ Oil and Gas is up 6c to $1.41 and Westpac is up 51c to $20.81.
Contact is down 5c to $5.60, Freightways is down 4c to $2.75, Methven is down 3c to 97c, Port of Tauranga is down 10c to $5.15, Skellerup is down 4c to 51c and Sky TV is down 14c to $3.70.
The dollar is buying 49.70 US cents, 77.86 Australian cents, 39.21 euro cents, 49.12 yen and 35.88 pence.
The 90 day bank rate is 3.18 percent and the TWI is 51.48.
