If you think that nz has seen the worst of this recession then you may well have your head in the clouds... Just because people are buying houses does not mean that we have seen the worst of it. The problem with alot of kiwis is that they seem to think that things wont happen to them, but it does.
I never said that there would not be job losses, did I... But a few job losses is better than alot isn't it, or am I wrong there too.
Another thing, whats up with paying out another flippin treaty claim when the govt/ country can't afford it and seriously does not have the money. (Heard that on the news last night)