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McCahon painting seized
A $500,000 Colin McCahon painting may have to be sold to settle a financial dispute between two companies.

Kiwis spending $45 less every week - economist
The average NZer is spending $45 less a week than before the recession in a bid to wipe out debt and inject equity into their homes.

Black mark for late bill haunting thousands
More than 800,000 people have black marks on their credit history for defaulting on payments - and many don't know anything about it.

<i>Liam Dann:</i> Three years after and reality bites
This week marked the third anniversary of the credit crunch.

No easy way to pay $6k fines
Auckland City Council has come under fire for not allowing people to pay their fines off by instalment - unless they go through the court process, incurring further costs.

Women and high earners feel pinch
Women, middle-aged people and high-income households are under more financial stress than other New Zealanders, a survey has shown.

Kiwis will turn to credit if Bollard raises interest rates
Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a new survey.

<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.