Reserve Bank Governor Alan Bollard is worried about deja vu when it comes to New Zealanders’ love for property investment and consumption, rather than saving and investing to produce more exports....

Growing economic confidence has been knocked by New Zealand being placed on negative creditwatch as the Government puts its hat out to international lenders....

The Reserve Bank has dropped official interest rates to a new low of 2.5 percent and is promising low rates at least till the end of next year....