Can we avoid a recession? What we can learn from the Kiwis - ABC News
7/4/2022 12:00:00 AM3 years 7 months ago
by Ian Verrender, Raveen Hunjan, Kirsten Robb
by Ian Verrender, Raveen Hunjan, Kirsten Robb
New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.
A little over three hours' flying time from Australia's east coast could lie a window into our future. From Auckland, at the top of New Zealand's North Island, to icy Invercargill in the south, prop… [+11680 chars]
full article...