RBNZ: Economic recovery poses risk if debt grows too fast

Don't ramp up the borrowing too far, the Reserve Bank warned businesses and farms this morning.

The central bank's twice yearly financial stability report, released today, shows New Zealand is "by many measures" less vulnerable than it was during the last credit cycle of 1999-2007.

Those measures, though, would assume that many other factors have not changed since then.

 

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