An economist is warning that the growth in household credit, fuelled by low-interest rates, may be becoming a problem again. With special feature audio.
Jenny Ruth Tue, 05 Apr 2016
An economist is warning the growth in already high household credit is back at pre-global financial crisis levels in terms of dollar amounts.
Household credit grew just 0.6% in February, the same rate of growth shown in the previous two months.
But BNZ economist Craig Ebert says that has pushed