Next 5-10 years make or break for NZ economy, ANZ chief economist Bagrie says; Urges govt to turn attention to natural resources, renewables potential; Details the 6 Cs
Treasury lowers forecast interest rate track over next four years; Expects first OCR hike at start of 2013, and for OCR to rise higher than Reserve Bank thinks
BusinessDesk: "The risk is increasing of a vicious circle, involving sovereign debt, weak banking, excessive fiscal consolidation and low growth': OECD