In this week's New Zealand Listener
September 11-17 2010 Vol 225 No 3670
Features
Cover Story 10 things you need to know about New Zealand's ‘grumpy’ economy
Two years after the global financial system went into crisis, aftershocks are still being felt here in the South Pacific. An era of easy borrowing and inflated assets is hitting home, most recently in the shock failure of South Canterbury Finance. ❥ The reckoning isn’t over yet. It isn’t just the finance companies that have been staggering under heavy and unsustainable debt. Many New Zealanders are, too, and property values may have further to fall. ❥ With our small, open economy, we are buffeted by events far away. The world’s biggest economy, America’s, is experiencing a weak recovery. Federal Reserve chairman Ben Bernanke recently warned that the US economy faces “unusual uncertainty”. The global recovery is so fragile, says Standard & Poor’s global chief economist David Wyss, that there is still a one-in-three chance of another financial crash. He says an oil price shock or financial markets turmoil could trigger another crash. These are times of flux. What comes next?Feature The worst of years by Jane Clifton
As New Zealand emerges from the global financial crisis, Reserve Bank governor Alan Bollard reveals just how precarious the situation was.Feature Go with the flow by David Lomas
Rivers are the arteries that supply life to New Zealand. But a renowned photographer asks whether we are killing those vital waterways.Feature Running our sweet waters
Following the August 14 cover story on the high environmental cost of dairying, Professor Walter Clark looks at how we ended up in this mess.
Arts & Books
Theatre A dab of colour by Elspeth Sandys
Film Out of the golden cage by David Larsen
Music Riddim section by Jim Pinckney
Books
Books Free & uneasy by Claire Allfree
Books Katherine and the Flying Wheel by Vincent O'Sullivan
Books Juggling act by David Eggleton
TV & Radio
The Lounge Nature: a work of art by Fiona Rae
TV Week Including Chuck and Big Love by Fiona Rae
TV Films Including The September Issue and 500 Days of Summer by Fiona Rae
Radio Week Including Tony Blair and Sam Hamilton by Fiona Rae
Radio frequencies Small country, big choice
TV Information Classifications and addresses
Columnists
Editorial Counting the cost
The Internaut White, gifted and male by Deborah Hill Cone
Life Moving with the times by Bill Ralston
Politics Speak of the devil by Jane Clifton
Health Not so dozy by Linley Boniface
Inbox Chains reaction by David Hill
Sport Damned if they do by Paul Thomas
Wine Rocky road by Michael Cooper
Food Pear pressure by Martin Bosley
Travel Pretty in pink by David Hill
The Black page Savings? What savings? by Joanne Black
