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Page 3 - Keith Mclaughlin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Number of debt arrears in NZ creeps back up

The number of people behind on their debt repayments crept back up in March, as borrowers continue to feel the pressure of high interest rates and living costs.

Transparency is the key - warning over undisclosed tax debts

Businesses and consumers are being warned to beware when lending or advancing payments to businesses, with many thousands of businesses carrying undisclosed tax debts.

Kate Sylvester closure: Really difficult time for retailers

A retail industry group predicts luxury fashion label Kate Sylvester will not be the last to come under pressure from a tough economy.

Debt arrears down 4 8 percent in February - report

Most New Zealand households and businesses are managing their debt repayments, despite the economic downturn, according to a new report.

Mortgage stress - how much worse will it get?

Reserve Bank figures are showing rising levels of non-performing housing loans. What we all want to know is whether we are now seeing the full extent of the pressure caused by high interest rates - or whether the problems may be just starting

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