New Zealanders fall behind in debt payments as high interest rates bite
New Zealanders fall behind in debt payments as high interest rates bite
4/7/2023 8:01

More than one in 10 New Zealanders with a mortgage, personal loan or credit card are behind in their repayments, while company liquidations have increased 35% on the same period last year, as higher interest rates weigh on the economy.

Source: Bloomberg

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