Great NZ financial crisis

By Brian Easton In Economy

Print Share
23rd July, 2011
1878: While Julius Vogel was on a ship to London, the City Bank of Glasgow crashed. The London money market – the financial centre of the world – plunged. Although we were already over-borrowed, Vogel was going there to raise more capital. He could not borrow much, and New Zealand followed the rest of the world into “the Long Depression”, which lasted about 17 years. Towards its end, all three non-Australian-based New Zealand banks got into trouble. One reconstructed itself, but the Colonial Bank and the Bank of New Zealand required government support. The biggest ...

NZ Listener print only subscriptions & digital only subscriptions

NZ Listener subscriptions;

Print subscriptions: To receive the NZ Listener in your mailbox each week click here.

Digital subscriptions: We now have the NZ Listener weekly edition as a digital reader version via the Zinio digital platform – read the latest edition on your computer or via the Zinio app on your tablet.  To find our more click here.

Archive content: If you’re interested in accessing archive content, please contact our NZ Listener helpdesk contact us.  We endeavor to get back to you within 5 working days.

Locked content: If you have an archive content login, please login to view and unlock content, for more information regarding locked content please read our NZ Listener FAQ’s

Any queries regarding access please contact our NZ Listener helpdesk contact us.

More by Brian Easton

Switch to mobile version