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"People who listed a home for sale and fail to sell it in the early summer trade before Christmas, will have to make some difficult decisions over the Christmas break."

by Greg Ninness

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"There’s no need to rely on per capita or technical definitions of a recession any longer as the country is experiencing a substantial economic contraction in real terms."

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Anna Hughes

Auckland faces credit rating downgrade

Standard and Poor's may downgrade Auckland Council's AA credit rating over concerns debt will hit 200% of operating revenue by 2015

14th Nov 11, 2:42pm

by Gareth Vaughan

Standard and Poor's may downgrade Auckland Council's AA credit rating over concerns debt will hit 200% of operating revenue by 2015

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