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More Kiwis in debt - Centrix

Thursday 1st of December 2022
The Reserve Bank thinks a shallow recession is needed to haul inflation back from its elevated rate of 7.2% towards the desired median of 2%.
But the credit research company Centrix believes some people are going through a recession already and it is not always shallow.
Its latest monthly credit indicator found the number of New Zealand borrowers who were behind on repayments cl...
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