Auckland Council wants to increase its net debt as a percentage of total revenue limit to 275% from 175% to prevent breach

After 30-40 years of NZ 'not being very smart' leads to finance company meltdown, Tony Molloy QC suggests simplifying legislation

First National reports 'over-zealous' building inspections of leaky and tired homes a factor as conditional deals fall through in July

Banks & govt agree on leaky homes loss-sharing arrangement; State may cover 15-35% of banks' leaky home losses under assistance package

Govt financial assistance package for leaky home owners passed by Parliament, but govt and banks still talking on loss-sharing arrangement

Govt confirms banks are on board for leaky homes assistance package; Labour wanted changes, but Nats won't support

Banks sign up to govt's leaky homes deal, Dom Post reports. Agreement would currently see govt cover 15-25% of banks' losses for bad loans

High NZ$ pushes gross Crown debt 4.2% above budget forecasts, but doesn't hit net debt, Treasury says in govt financials

Select Committee says leaky home owners already incurring costs should be covered, but it worries about some owners' access to finance

Govt may cover 15%-25% of losses from leaky home repair loan defaults, Bankers Association says