Reserve Bank rate decision: skid marks and confusing signals
With growth in household borrowing surging from 4.8% to 7.9% in the last year, on top of high levels and a housing market going berserk, why would you need to cut interest rates? With special feature audio.
Tue, 26 Apr 2016
There is a not-very-old legend about how New Zealand road planners would deal with signage at particularly tricky stretches when the traffic simply wasn't responding to straightforward messages.
The method was simple: set up ambiguous or confusing signage so the drivers had to slow down to work
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).
