Expect household savings to bounce back soon, economist says
Data shows household savings has fallen to the lowest level since March of 2007.
Jason Walls Fri, 09 Dec 2016
Household savings have continued their four-year decline, with the latest set of data showing the national figure fell by $3 billion compared with the same period last year.
This is down from -$2 billion in 2015, $500 million in 2014 and a long way from almost a net positive $3 billion in
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).