Ten people have been killed in a high school shooting in the Austrian city of Graz in the country's deadliest shooting attack since World War Two.

Dozens more have been injured.

A 21-year-old former student - thought to be the gunman - is also dead.

UK correspondent Gavin Grey says the area has been 'devastated' by this attack - and a three-day period of mourning has begun.

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The NZ sharemarket lifted today as Fletcher Building announced it had received inquiries from parties interested in buying its businesses.

The S&P/NZX 50 Index closed up 0.33% or 41.51 points, rising to 12,605.93, with 39,702,689 shares changing hands to the value of $139.77 million.

Milford Asset Management's Sam Trethewey explains further.

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There are fears Finance Minister Nicola Willis is opening a can of worms by potentially allowing young farmers to dip into their KiwiSavers to buy farms.

She explained she was seeking advice from the IRD on the matter, which is yet to be considered by Cabinet.

NZ Herald Wellington business editor Jenee Tibshraeny weighed in on the debate.

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