Banks positioned for mortgage struggles
ANALYSIS: But employment not house prices a key indicator of problems.
Banks monitor employment statistics because if people are not employed, they cannot service their loans.
Simon Pannett
Tue, 27 Sep 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
This winter, Wellington recorded 754mm of rain, swamping the prior high recorded over the past 95 years New Zealand has kept data.
Meanwhile, the seasons may also be changing for households who face a deluge from a 32-year high in inflation and the sharpest 12-month rise in the official cash rate
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Simon Pannett
Tue, 27 Sep 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
