Viewing entries tagged with 'household'

Treasury has put New Zealand's rising household indebtedness under the microscope

5 October 2016

Treasury is expressing relative comfort with sharp rises in debt that have seen New Zealand's household indebtedness reach record levels - but says there are risks around the more recent decline in savings. And it has an Auckland-specific warning about rising debt levels of new housing entrants. More> 

Kiwis' debt pile now exceeds annual disposable income by nearly $100 billion

13 September 2016

David Hargreaves: Kiwis continue to get into hock on their houses at record levels, new quarterly household financial statistics from the Reserve Bank show. More>