Shamubeel Eaqub

We cross to New York and our correspondent Nathan King. Audio

Food and petrol prices wipe out any gain from tax cuts. Audio

There are further indications of gloom for the economy with a sharp drop in employment. Audio

Reserve Bank governor Alan Bollard says NZ's economic slow may quicken if banks keep curtail lending to households and business. Audio

Commentators talk of predictions of a property slump. Audio