Posts Tagged ‘Debt’

After the boom comes the pinch

Friday, May 16th, 2014

It’s tough to picture the future if you’re a New Zealander under 30. Your first home has never been more out of reach, if you want to live in one of the main centres – not that we have much of a choice, because high rates of unemployment and thousands of dollars of student debt Read more

Pacific nations’ growing indebtedness

Friday, April 15th, 2011

The Lowy institute has expressed concern about the Pacific nations’ growing indebtedness. The report surveys Pacific states for a breakdown of the aid and loans they have received from China. It states that China’s aid to Pacific nations over five years totals just over $NZ800 million. The bulk of China’s aid is through soft loans Read more