The swimmer missing in Lake Wakatipu near Glenorchy has been found dead by the police national dive squad this afternoon.
The man, a visitor from Australia, was helping a child in the water when he got into trouble himself, police said.
The dive squad recovered his body at 3.50pm.
It comes just a week after another person died in similar circumstances in Lake Wakatipu.
The man's death has been referred to the coroner.
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