Ratepayers may be worried about a recent jump in local government debt but those lending the money are not concerned, a prominent fund manager says.
Recently released figures from Statistics New Zealand show the amount of debt on the books of local authorities has trebled since 2007.
The
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Niko Kloeten
Wed, 14 Aug 2013
Wed, 14 Aug 2013
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Fund managers react to council debt shock
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