BNZ sounds a warning on household credit growth

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

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