This is the highest since February 2020, back in the initial uncertainty of covid times... Only the economic landscape is quite different.
The slippery slope of borrowing money
Many of us will agree that the COVID-19 economy in New Zealand has resulted in record-levels of government borrowing and Reserve Bank lending. Soon it may challenge the idea that we are supposed to keep those two things separate.
Lifestyle comparisons pointless in debtland
Competitiveness can be good. It can drive us further. Lead us to do better things. Challenge ourselves in ways we didn’t think of. You don’t even need to compete with others. Compete against yourself. Health. Fitness. Creative skills. Projects. Financial. Anything. New goals.