Reserve Bank rate decision: skid marks and confusing signals
With growth in household borrowing surging from 4.8% to 7.9% in the last year, on top of high levels and a housing market going berserk, why would you need to cut interest rates? With special feature audio.
Tue, 26 Apr 2016
There is a not-very-old legend about how New Zealand road planners would deal with signage at particularly tricky stretches when the traffic simply wasn't responding to straightforward messages.
The method was simple: set up ambiguous or confusing signage so the drivers had to slow down to work