Reserve Bank Governor Alan Bollard warned of the need to avoid a return to a “debt-fuelled housing cycle”, as the bank published its six-monthly Financial Stability Report today....

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 recession has skittled the plans of a lot of people. A sizeable part of the population now believe they no longer have the chance of a decent retirement and have nearly given up on investing for the future....

Budget figures and forecasts rate this recession the longest and deepest in New Zealand’s recent history....

As redundancy announcements continue to roll in, caution remains as to how much light is at the end of the recession tunnel. ...