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A bank economist says says the Europe debt crisis could see interest rates in New Zealand dropping further. Audio

Chinese dissident Chen Guangcheng says China has agreed to issue him and his family with passports, within the next 15 days.

A meeting is being held in Christchurch by Councillor Glenn Livingstone on on Wednesday to address the rental housing crisis.

China says the prominent dissident, Chen Guangcheng, can apply to study abroad, potentially indicating a way out of the diplomatic crisis it has been caught up in with the USA over him.

An economist says there is little evidence of an export-led recovery in New Zealand.

A Christchurch City Councillor says the city is facing a housing crisis and has called for a housing summit to sort out the issue.

A Christchurch community worker says a new Government report showing the poor are being hardest hit by rent increases supports claims of a housing crisis, and shows rent controls are needed.

Earthquake Recovery Minister Gerry Brownlee says new Government plans will help relieve housing shortages in Christchurch. Audio

New Zealand's banks made a combined profit of $3.3 billion last year, the highest seen in recent times.

Unused Defence Force properties at Burnham Army Camp, just outside Christchurch, may be made available to help with the housing shortage caused by the Canterbury earthquakes.

Spain's King Juan Carlos has bowed to scathing criticism and publicly apologised for going hunting in Botswana while his subjects struggle with the country's economic crisis.

An expert in earthquake recovery says the Government should consider rent control as a way of addressing Christchurch's rental accommodation crisis.

The mayor of Christchurch does not think the Government is doing enough to address the rental crisis in his city. Audio

Thursday's headlines: Rena divers sacked; rental crisis deepens in Christchurch; pay rise for mayors in the Wellington region.

The Banking Ombudsman says her office has received more complaints about mortgagee sales than ever before. Audio

The Government is defending its handling of the housing situation in Christchurch which opposition parties say has reached crisis point.

The rental housing shortage in Christchurch is desperate and the city will not get through the winter unless the Government intevenes, a tenants' advocacy group warns.

The former general secretary of the Fiji Taxi Association is standing by comments he made linking sexual harrassment with women's standard of dress. Rishi Ram has stepped down from his...

The Earthquake Recovery Minister has rejected suggestions the Government should help provide rental accommodation for the workers needed to rebuild Christchurch.

A rental housing crisis in Christchurch is holding up the earthquake-hit city's rebuild with virtually no short-term rentals available, according to the Real Estate Institute.