10 Jun 2016

The risks of rising household debt

From Nine To Noon, 9:08 am on 10 June 2016

NZ household debt has reached half a trillion dollars - i.e. $100,000 of housing and personal debt for every man, woman and child.

Kathryn Ryan looks at the risks that poses to the economy with Westpac Chief Economist Dominick Stephens and Massey University's Dr Jeff Stangl.

Real estate mortgages, as illustrated by houses stacked on top of coins.

Photo: 123RF