NZers Teeter On Tip Of Debt Mtn.
"Don't worry - be happy," the theme tune for a road-safety TV campaign, also sums up the prevailing attitude to debt.
Monday, January 26th 2004, 7:13PM
by The Landlord
In New Zealand, aggregate household debt, both mortgage lending and unsecured lending through credit cards, overdrafts and store cards, reached $90 billion at the end of September 2003, according to the Westpac Household Savings Indicators Survey.
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